...with internet browsing / app downloading capabilities. As of May 2014, Apple is worth $483.15 billion dollars (Forbes, 2014). Therefore, it is no wonder that Apple Inc. made twenty nine acquisitions within a nine month period (AppleInsider Staff, 2014). If he were still here today founder Steve Jobs would definitely be proud the company he built and believed so much in. Circumstances of Acquisitions Out of all the twenty nine acquisitions Apple Inc. made in that time period, the biggest purchase of them all was Beats Electronics, previously founded by Dr. Dre. The company cost Apple three billion dollars to acquire. This has been the largest company purchase to do date made by Apple (AppleInsider Staff, 2014). Beats Electronics not only came on to the electronics scene but the music streaming tend as well. Not much has been said as to why the business has been bought by Apple, but according to NBC News, the buyout was completed for a celebrity name status as Dr. Dre will still be working a long side Apple and for the use of the Beats Music streaming service. One circumstance of this buyout is that there are already multiple, popular, music streaming service apps out there like iHeart Radio and Spotify. With Apple wanting to use the bones of Beats Audio to further advance in music streaming, it may take some convincing to get consumers to switch to a new service and leave their old streaming playlists in the cloud. Another issue is that consumers are not so thrilled...
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...is because of losing good manufacturing jobs. Obama’s highest priority was to “rebuild ladders of opportunity” and reverse income inequality. Others in Appalachian counties do not believe this will change, but only get worse. “Jobs do not pay that much even when they do hire, which is why young adults have nothing better to do than to get on drugs.” Census data shows that racial and ethnic minorities are more likely to live in poverty, which has gotten worse since the 1970s. Economic insecurity is defined by the period of time one is jobless and relying on government assistance such as food stamps. 76% of our country’s white adults receive this assistance. Marriage rates are also dropping, everywhere, while poverty-stricken white, single mother households are rising compared to black mothered homes. Because of unemployment following the recession, 46.2 million Americans are poor. The statistics for blacks and Hispanics are three times higher. For a family with four people, 23,021 whites are below the poverty line. Buchanan County is a small rural county in West Virginia with 90% of residents who are working class whites without a college degree. 99% of the residents are on government assistance programs. By 2030, it is suspected that 85% of working age adults will experience poverty, aka “economic insecurity.” “Poverty is no longer an issue of ‘them’, it’s an issue of ‘us’.” In my opinion, this article gives us statistics that we needed to acknowledge. It...
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...In a modern economy unemployment has a variety of causes. Some of them relate to the general level of economic activity. Others are the result of a failure of the labour market in an economy to work optimally. There are five main types of unemployment, which are real wage unemployment, demand deficient unemployment, frictional unemployment, structural unemployment and hidden unemployment. On the other hand, this essay will show the different between Keynesian and Monetarist economists. There are including two main policies in Keynesian economist which are reflationary and deflationary policies. Also, there are two main policies which are supply-side and money supply policies of monetarist policies. Firstly, according to real wage unemployment which also called classical unemployment. Real wage unemployment is a form of disequilibrium unemployment that occurs when real wages for jobs are forced above the market clearing level. Traditionally, trade unions and wages councils are seen as the institutions causing this type of unemployment although the importance of trade unions in the UK labour market has diminished significantly over recent years and this has not stopped unemployment reaching nearly three million twice in the last twenty years. Classical unemployment is thought to be the result of real wages being above their market clearing level leading to an excess supply of labour. Some economists believe that the introduction of the national minimum wage may create some classical...
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...Hectic High School High school graduates earn on average 143 dollars more than high school dropouts. Three things you should know before reading my paper are; I don’t like going to school, I go to Haysville High School, and I am a junior this year. I use G.R.I.T in my pursuit to graduating high school by perseverance, passion, and dedication. To start off, I use perseverance in getting all my work done and turned in on time. Firstly, getting my work done in a timely manner can give me more free time and keeps my grades up. For example, in VPL you work at your own pace, so I pace myself to try and get two classes done in a session. Thus, I am able to keep my grades where they need to be and stay on track to graduate early. Secondly, I believe a good relationship with my teachers is important. As an example, if you are respectful to the teacher, she might extend the due date on that awesome project you have been working so hard on. Therefore,...
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...Assembly lines in the automotive industry are faster than ever. Electronics such as the iPhone are being constructed in just minutes due to hands of automated robotics. Upgrading to automated technology is becoming more and more accepted. Companies are spending much time and resources on implementing the use of automated labor to cope with the increasing competition from non-industrialized countries whose production costs are much lower. Where there were once hundreds of thousand of laborers filling factories assembling the everyday technological, textile, and household products we use today; are now machines that require no hourly wage, only monthly to sometimes yearly maintenance, up-keep and energy costs. The world of industry we are currently living in has changed. From labor-intensive production, to capital-intensive automation. Not only are we focusing on the tangible side of production, also the many intangible service industries are experiencing change. There was a time in the past where one would walk into the local cinema, report to the box office and purchase tickets for him and an accompanying guest. Just last week I found myself standing in front of a small kiosk with a touch screen, where I could pick my movie time and seating and then swipe my card. What happened to the minimum wage paid employee of that theatre who was working to pay off...
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...Abstract The 2012 Presidential campaign will most likely be one of the tightest races of all time. The outcome will affect all Americans in many ways such as whether Obamacare will remain or go, the jobless rate in the country and the economy. Each candidate believes he is the best choice for America, but the best candidate for bringing jobs back to the United States (U.S.) is undoubtedly Mitt Romney. This paper will compare and contrast why Mitt Romney, with his business expertise, economic stance and political experience, is better than Obama to accomplish the difficult task of creating and bringing jobs back to America. Introduction Barrack Obama assumed the role of President of the U.S. in January 2009. The unemployment rate at that time was 7.8 percent. By the end of his first year in the White House, unemployment reached an astounding 9.9 percent. Average unemployment during his first year was 9.3 percent. As the table in Figure 1 shows, employment in the U.S. has not recovered by much as we approach his fourth year as our President. (Bureau of Labor Statistics, 2012) President Obama may have a lot of experience in community service, but absolutely no experience as a businessman. His experience is that of an extremely successful politician, and politicians are the ones who have created the economic mess we are in today. It is time we all realized that the U.S. Government is a for profit “business”, and needs to be managed as such or the country will...
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...or environment. Therefore, each individual is unique because of his or her uniqueness in personality and this personality defines the way one contributes as employee to the overall performance of the organization. This personal difference plays a crucial role how one makes decisions and resolves conflicts. These unique traits make humans so different and our way of processing things differ. However, in an organization, individuals work conforming to various norms and guidelines set by the organization. Every organization has ethics and those are to be followed by high ranked CEO’s to entry-level employees. Personal differences are present in every organization and it could be a factor to a team, which is working to a common goal. Time and again, we have heard managers favoring employees who they like or family members. Another important part is our ethics; lets take an example of “Apple whose top designer last year left his iPhone 4 at a bar, which was supposed to release in about a month later. He was immediately terminated and he was sued for millions of dollars” (Gizmodo, 2010). We can also take an example of our case study where a high level employee splurges the company’s money for personal satisfaction. The bigger the organization, chances are higher personal differences as it becomes less transparent due to various hierarchy and chain of command. To put aside employee’s difference, organization has certain operating procedures and preset guidelines that outline...
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...Child Labor in Guatemala Most children in California stay home and watch cartoons while the children in Guatemala work all day and do not get paid enough for how hard they work. Is that fair to the children in Guatemala? They deserve a fun childhood like most American children in California. Guatemala’s child labor laws are not enforced as strictly as California. Most Guatemalan parents take advantage and send their young children off to work to help gain a little more money. Children should be able to have fun and enjoy their childhood, not worry about making money for their family. Parents see how Guatemala’s workplaces do not enforce these labor laws seriously so they think they should not either. Child labor in Guatemala should be illegal to children under fourteen because many workplaces violate their child labor laws by putting young children in horrible working conditions with low wages. Guatemala’s labor code sets the minimum age of fourteen for employment. The government can provide work permits to children under fourteen who have parental permission to work. They are also supposed to report how many people they have in their family and how much money is coming in so they can be allowed to have their children work. Usually that is not a problem because a big population in Guatemala is poor. In the article “Child Labor Entrenched in Guatemala Free Trade Pact Hasn’t Eased Plight of Kids” Lacey states, “Children younger than 14, who require parental permission to work, are...
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...Loss of Education Despite my Mother constantly telling her children to attend school and graduate, none of them, not even I, managed to properly go to school. Out of eleven children, not one earned a diploma. The unfortunate reason behind this failure was our poverty. From a very young age my siblings and I made the decision to work under the sun and neglect school. We did not put our education to the side because we didn’t value it, we put it aside because there was a huge necessity for basics items like food, shelter, and clothing. School became more of a burden when there was nothing to eat and no money to survive on. I had to start working at the age of seven to provide some money for our household. Unfortunately, my job often conflicted...
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...The Texas Legislature: Following the Journey of S.B. 21 and H.B. 25 S.B. 21 After a journey of just over four months, S.B. 21 was signed into law by the Governor on June 14, 2013. S.B. 21 requires the Texas Workforce Commission to implement a policy requiring certain individuals applying to receive unemployment benefits be drug tested as a condition of the program. Not all applicants would be required to submit to drug testing, but those individuals that were previously employed in occupations predetermined by the United States Department of Labor as requiring pre-employment drug testing would be required to comply under the new law. Furthermore, any individual receiving unemployment benefits that is rejected for employment due to failing a pre-employment drug screen will also become ineligible to receive benefits. However, a failed drug-screen is not meant to permanently bar any individual from receiving benefits. One may provide proof of physician prescribed medications that may have caused the failure or proof of being presently enrolled in a drug-treatment program to regain benefits. After a period of one month, the individual may also complete another drug test, and pending negative results, would regain their benefits (Texas Legislature Online). Texas follows in the footsteps of Mississippi and Kansas in taking advantage of the provisions included in the Middle Class Tax Relief and Job Creation Act of 2012 that allow the state governments to drug-screen applicants to...
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...States has been a very slow recovery and the public’s behavior is demonstrating much concerned. The concerns are unemployment, the value of their homes, and stagnant wages. Economic forecasters” believe that 2014 will be the “break out year” for the U.S. economy” (Hernandez, 2014). This paper will discuss the concept of inflation and unemployment and the GDP have on the economy; also what fiscal policies and monetary policies would be appropriate at this time for our economy. Unemployment The U.S. unemployment rate hit a new five year low of 6.6 percent in January 2014. Since October the jobless rate has decreased by 0.6 percentage point. The unemployment rate measures the number of people actively looking for a job as a percentage of the labor force ("Economic News Release," 2/7/2014). There is a significant decrease since July of 2013 when the unemployment rate was as high as 7.4 percent. The number of long –term unemployed, those who are jobless for 27 weeks or more, at “3.6 million declined by 232,000 in January. These individuals...
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...I was born in California but moved to Saudi Arabia when I was six months old, around the time Silicon Valley crashed. We lived in Saudi for four years before returning to the US. Moving back never made sense to me, when asked about it, mom would always say “You know how it is, the grass always seems greener on the other side”. My dad never had much to say about our move and I do not even remember him being on the plane back. Perhaps it is because of my young age at the time, but I recall very little from this time. I remember my bedroom the most; it contained my first “big girl” bed, which had been given to me as a surprise when we moved into our new home. “Dora the Explorer” was sprawled in large purple font near the part where the pillow touches the sheet. This detail stuck with me because I would make sure the pillows would not fall in such a way that would obscure the font. Dora, with her arms raised up towards the lettering, was right in the middle. My room overall was a garish shade of pink and decorated from curtain to floor with Dora, and her companions, Boots and Backpack....
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...Wal-Mart and the U.S. Economy Dr. Robert Jantzen Professor of Economics Iona College Dr. Donn Pescatrice Professor of Economics Iona College Dr. Andrew Braunstein Professor of Business Economics Hagan School of Business Iona College Corresponding Author: Dr. Donn Pescatrice Iona College Department of Economics 715 North Avenue New Rochelle, NY 10801 (914)-637-2729 (dpescatrice@iona.edu) March, 2008 Wal-Mart and the U.S. Economy ABSTRACT The Wal-Mart company, the world’s largest retailer and second-largest corporation, is a dominant U.S. business. This study investigates whether there are significant long-run relationships between the business of Wal-Mart and the overall U.S. economy as measured by an array of traditional macro-level variables. Cointegration analysis reveals that Wal-Mart sales generally move counter to overall economic conditions, dampened in more prosperous economic periods and buoyed in more sluggish economic environments. Consequently, trends in Wal-Mart sales may serve as a rather non-traditional contrarian economic bellwether. Keywords Wal-Mart . macroeconomy . cointegration . bellwether JEL Classifications E32 . L81 . M21 WAL-MART AND THE U.S. ECONOMY Introduction The Wal-Mart corporation has come under media scrutiny for a myriad of reasons in recent years. It continues to be the focus...
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...Tobias Powell December 9, 2013 Modern Hist. of Hawaii Period 1 Racism In Hawaii Nei Unity is something that is appreciated by every individual on this planet as it is help to those from different cultures, religion and race to overcome their differences and to work side by side with understanding and devotion. Acceptance plays an enormous role but as soon as an individual is tolerant to these differences, a great amount of possibilities is opened for him. But what if someone is unable to withstand or accept these changes? This is where the more serious issues rise. ‘Racism is the incapability to accept others for who they are’, which leads to some serious consequences such as prejudice, hate crimes, and could end in assault leading to death. Racism is a worldwide issue in today’s society and most people are trying to fight against it. My essay is composed of racism in Hawaii to which I believe to a certain extent there is. As human beings we are all entitles with the basic rights of living which includes food, shelter, clothing, health care, education and freedom of socializing. Racism in the United States has been a major issue since the slave era and most of our country’s founding fathers have tried to work against it. Hawaii is known for its Aloha spirit to which basically means to love one another as if you were family but what nobody realizes is the amount of hate some people have towards other races on the Hawaiian Islands. ‘Stupid Haole’ is a term used by many locals...
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...There had significantly raised between both EU and non-EU citizens who did access to the UK in 2014. We can also see that the number of people from EU countries had increased to 268,000 in 2014 from 201,000 in 2013 and immigration of non-EU citizens went up 290,000 in 2014 from 240,000 in the previous 12 months. International immigrants into Britain have tended to increase in the following time. There are many justifications why they come to the UK such as poverty, religious persecution, and other different social reasons. DaniÀle Joly (2000), a lecturer at University of Warwick considered that many people want to seek a better job and a better standard of living that their home countries are unlikely to afford. In contrast, British society may be negatively influenced by many aspects (culture, jobs, and security) by...
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