The Macroeconomic Concept Of The Multiplier Economics Essay

The Macroeconomic Concept Of The Multiplier Economics Essay Currently, Chinas economic is growing rapidly. Living standard of the people has improved and urban rural income has substantially improved. The balance of the household shaving is increasing year by year and china has maintained a high saving rate. The marginal propensity of consume trend to drop, which is extremely unfavorable for the future development of the country economy and it will directly affect the growth rate of GDP. So, all this will become fetters in the process of the development of the economic. In this paper, I will evaluate the extent to which a thorough understanding of the macroeconomic concept of the multiplier would help government to manage their own macro economy. Macroeconomic Macroeconomists study aggregated indicators such as GDP, unemployment rates, and price indices to understand how the whole economy functions. (Burda Wyplose,2005) Macroeconomists develop models that explain the relationship between factors such as national income, output, consumption, unemployment, inflation, savings, investment, international trade and international finance. In contrast, microeconomics is primarily focused on the actions of individual agents, such as firms and consumers, and how their behavior determines prices and quantities in specific markets. (Sloman, 2006) While macroeconomics is a broad field of study, there are two areas of research that are emblematic of the discipline: the attempt to understand the causes and consequences of short-run fluctuations (Griffiths Wall, 2008) in national income (the business cycle), and the attempt to understand the determinants of long-run economic growth (increases in national income). 3. Macroeconomic Multiplier theory Macro-economic multiplier theory is based on marginal propensity to consume by the British economist J.M. Keynes, which explains the relationship of multiples theory between investment and income. The Keynesian multiplier theory is an extension of the field in the international balance of payments, in terms of constant exchange rates and price. It analyzes that income adjustment play a role in the international balance of payments. Its basic content is that investment change brings the impact to the total national income greater than the investment itself, such as a change is often a multiple of the investment changes. (Sloman Wride, 2006). As economic sectors are interrelated, so an investment in a particular sector will not only increase the income of this sector, but also cause a chain reaction in the various sectors in the national economy, thereby increasing investment and income of other sectors, increase of multiplier the national income exponentially. In fact, the multiplier formula simply gives the multiplier as the inverse of the marginal propensity to withdraw (mpw): K=1/mpw. (Sloman, 2006:464). (Show below figure1-3) Figure 1: The multiplier: a shift in injections (Source: Sloman Wride 2006:488) Multiplier  ¼Ã‚  à ¢- ³Y/à ¢- ³J  ¼Ã‚ Ãƒ ¢- ³Y/à ¢- ³W  ¼Ã‚  (c ¼Ã‚ a)/(b ¼Ã‚ c) Figure 2: The multiplier: a shift in withdrawals (Source: Sloman Wride 2006:488) Multiplier  ¼Ã‚ Ãƒ ¢- ³Y/à ¢- ³W  ¼Ã‚  (c ¼Ã‚ a)/(a ¼Ã‚ b) Figure 3: The multiplier: a shift in the expenditure function (Source: Sloman Wride 2006:489) Multiplier  ¼Ã‚  à ¢- ³Y/à ¢- ³J  ¼Ã‚  (c ¼Ã‚ a)/(b ¼Ã‚ a) 4. The current macroeconomic situation in China Presently, China is facing the most severe situation since the Asian financial crisis, which is the most difficult time of the economic development since the new century. In terms of the entitative economy, China is the one of the country in this round of financial crisis which is affected hardly. The industrial sector, energy and raw material sectors and the real estate sector have large impact in this financial crisis.  ¼Ã‹â€ China country review, 2008 ¼Ã¢â‚¬ °. From the fourth season in 2008, Chinas economic development problems start to show their impact as a result Industrial production and exports are declined, unemployment increased. From judgments of the countrys economic situation, the Government fully recognized the seriousness of the economy and from the macroeconomics of the multiplier made the measures to following: 4.1. Augment the multiplier to achieve increase in national income In the short term, we can be augmenting the multiplier to achieve increase in national income i.e. raise the marginal propensity to consume and reduce the marginal propensity to save. At present, Chinas savings continue to increase and reached about 15 trillion Yuan, so there is a large potential of consumption. In this situation, the government application of the macroeconomics of the multiplier stimulates consumption. (Wilkinson, 2005:477) .Such as: Reduce the bank deposit interest rates and the collection of interest on income tax; energetically develop tourism, improving holiday economy; improve the minimum subsistence level, increase laid-off workers and retirees personnel subsidies; Appropriately reduce tax on consumption of the general goods, at the same time assess high tax on consumption goods of special. For example, economic crisis havent just affected the issue of workers to return home, but also opportunities of employment. Survey show that from 2002 to 2007, there was an average increase of 5.6% in the migrant workers in the first half, but last year the amount of this growth was only 1.6%, about 4 % poorer than usual.(China Develop Institute 2008) By using multiplier theory, if you make a simple projection, (Wilkinson, 2005:144). i.e. 4 percentages is equivalent to 5.4 million people, these people should be roughly equivalent to the group of migrant workers who should have working out but lost the opportunities in the economic crisis situation. If we add the unemployed people to return home early in this year, this group of people (accounting for 15% of migrant workers) are about 25 million migrant workers who lost their jobs or jobs opportunities due to economic crisis. 4.2. Augment investment to achieve increase in the national income In the long term, the marginal propensity to consume in a steady state, then the multiplier is fixed, so we need to increase investment and improve the national income. (Voyles, 2009) In China, the government makes a lot of policy and adjust fiscal policy and monetary policy, adopted a proactive fiscal policy and appropriately loose monetary policy. There are production, consumption, investment, exports in various field, etc. Now, the state has invested 4 trillion Yuan (China Develop Institute, 2009) in railroad this year and next year, which will stimulate domestic demand. By 4 trillion Yuan package of investment programs, the central government invested 540 billion in this year. But there are 160 billion investments in the original budget this year, so after adjusting for new investments in the State this year was only 380 billion. If the multiplier effect is 1:3, then the central government can bring up more than 1 billion investments. Therefore ¼Ã…’Government expending is an important source by way of investment, which play an important role in the direction of investment and optimization the investment structure. 4.3. Export expansion to achieve increase in the national income China is facing unprecedented opportunities and challenges since joined WTO, we must seized the opportunity and integrate with the international economy, improve the structure of export products and increase the proportion of high value-added exports, improve terms of trade, through external trade bring out the rapid development of the national economy to increase national income. In recent years, the contribution of export in Chinese economics growth rate is around 20% (China Develop Institute, 2009), and now we have to compensate the sharp decline in exports by investment and consumption demand. By using multiplier theory, If the export growth rate is measured by the level of 10%, then the investment growth rate reach to 10% and 2 trillion Yuan of domestic investment and demand-pull may be achieved in the same year. In general, to maintain a GDP growth rate of 8%; if exports rate this year is 6%, it is very difficult to reach 8%, if it rely on 2 trillion domestic investment and demand-pull; if the exports this year have zero-growth, it is absolutely impossible if they rely on 2 trillion domestic investment and demand-pull to achieve 8%. 5. Drawbacks of the Multiplier theory 5.1. Ignores the time lags In the Keynesian multiplier theory, investment, consumption, national income etc all of them are liquidity and change over time. The number of the increase can only be compared with the different periods of the same length. The increase in the periods of different length cannot be explained by using this theory. The Multiplier theory ignore the time lags discuss the flow of change that it is meaningless. (Sloman, 2006:475) For example, in last year, Chinas export was increased to 17%, where textile products have negative growth rate. Relatively, mechanical and electrical products had grown with a high growth rate. But now, it has begun to enter in the difficult term. Last year, Chinas export of electromechanical products maintained a positive growth, as order form have a longer period for machinery and electronic products and as a impact of the time lags shrinking foreign order forms were fewer and start to increase on lay-off of the mechanical and electrical products manufacturing. 5.2. Ignore the difference of the capital flows and capital stocks The multiplier can only exist in stock of the flow, such as money, loans, stock and so on. The multiplier can not exist in the capital flows (McAleese 2004:471), such as investment, consumption, demand, income, etc. and it cannot be extended to the flow of money. For example, recently, China Eastern Airlines exposed that the gas has a loss of 6.8 billion Yuan and CITIC Pacific has lost 200 million Yuan. (China Develop Institute, 2009). The amount lost by companies is huge, due to the misleading by Multiplier theory. According to estimate, so far Chinas financial institutions and enterprises has been loss of approximately 2 trillion Yuan in the overseas investment .Therefore, we can not focus only on the production and GDP growth. 6. Conclusion Keyness multiplier theory is an important component of the system macro-economic theory. But multiplier theory has some drawback, as it ignores the distinction between capital flows and capital stock, ignores the factor of the time lags and led to wrong conclusions. In this situation, where saving are high and consumption is less, application of the Keyness multiplier theory manage the country own macroeconomic. Firstly, through improving the social security system and consummate pension, unemployed, market of the medical insurance and the building of housing accumulation fund. Secondly, Growth accelerated from the current investment in China, demand has increased. Implementation of a positive fiscal policy and increased investment is necessary. The government needs to extend the consumption. Finally, In terms of the export tax rebate rate not high, the government can be used promptly refund in full rebate solution to bring part of the cash flow difficult problem for lag of the export tax rebate. In terms of the export credit, the government makes to encourage measures and to expand exports. Meanwhile, the active use of WTO preferential policies for developing countries to expand exports, optimize the export product mix, improved condition of th e trade.

Negotiation Analysis

May 2, 2010 UPS/Teamsters negotiation in 1997 Introduction In 1997 united parcel service and the Teamsters were on table again after 1993’s contract negotiation. It was common since 1980’s that union sent signals to management about large concessions before every negotiation. Union made it clear before the 1997 negotiations started that â€Å"These negotiations are about only one thing and that is making improvements that will give our members the security, opportunities, safety, and standard of living that they deserve† (Witt, Wilson, 1999). In 1996 UPS reported $22. 4 billion of sales. 0 percent of the ground package delivery business was under control of united parcel service. UPS had 185,000 Teamsters employees. Majority of these employees were part timers and other full timers. While reported being a profitable company UPS management said that to stay profitable and beat its competitors they need to negotiate the contract wisely and its employees need to coo perate with them. The emphasis on international business and expedited air shipments was driving the growth of the company. The air side of UPS operates virtually separately than the ground operations. This is where people worked odd hours and had to meet tight operational deadlines. The ground portion also consisted of majority of the part time workers (Budd, 1997). The Teamsters was part of the AFL-CIO. AFL-CIO was a federation consisted of 78 different national and international unions. Overall it had most than 13 million members. Teamster was a big in it as well. It was presenting 1. 4 million members including about 400,000 pensioners both in United States and Canada. Union leaders told its members to be offensive in the negotiation to stay in power. Teamster had many part timers in their membership and these part timers made 57% of the total UPS employees. These part timers had big stakes in this negotiation and were looking forward to get heard in the negotiation. The subcontracting was a big issue for these part timers which also made a big part of the total Teamster labor membership (Bacon, 1997) & (Witt, Wilson, 1999). Analysis At the time of 1997-contract negotiation, democrats were in power. Mr. Clinton was on the president seat. As democrats are seen historically in favor of the unions, teamster could expect government support for sure. The 1997 economy was doing great. It had the great combination of strong growth in domestic product, individual income and very low inflation rate. There was also very low unemployment rate at this time. Economy was expanding in year 1997 since 1991 (USDA, 1997). All this was favoring teamster, which was all ready for the negotiation with UPS. Solid economy meant that UPS was doing great in the business. UPS reported a great sale in year 1996, which was, suppose increase in 1997. Management had no reasons to lay back on employee demands. They were in a good position to be more generous and giving to their employees if they wanted. Low unemployment rates also put UPS in a difficult position. If Teamster wanted to go on strike UPS could have hard time filling all the vacancies. The situation was in great favor of the union side if they wanted to strike (Lecture notes). Initial demands Both sides came with their own plans and claimed their plans to be beneficial to the employees. Both UPS and teamsters saw advantage of controlling the pension funds. Management wanted withdrawal of its contribution to the pension funds. By pulling out of this plan company could be better off financially. It could cost UPS around $700 million in withdraw liability charges. To get out of 31 multiemployer plans. Instead UPS was willing to contribute $1 billion a year to a single-employer plan. UPS wanted the full control of the pension funds. UPS offered to provide a single benefit pension plan to both full and part time employees. Another offer that management made on the table was to create a new company administered health care program. The union administered the current plan and management wanted full control of the program and promised to provide same existing benefits (Bradford, 1997). Union opened with demands that it claimed to be essential for its members. These demand included fair wages and decent pensions plan. At the time full time UPS employees earned $19. 50 per hour and also 410 to $11 per hour in fringes. According to the union management their members deserved to be able to live a decent life. Next union concern was about its part time employees. As more than half of the employee working at UPS was part timers, their voice was also strong in the negotiation demands. Union demanded to make these part timers full timers and provide them same wage rate and full timers. Job security was also an issue that union wanted to be addressed in the negotiation (Bradford, 1997). UPS believed in subcontracted to make company more profitable and union was well aware of this fact. In the previous negotiations UPS had won subcontracting provisions and management wanted to keep this benefit in their plate in this negotiation as well. But, union did not like the way things went in the last negotiation, and this time they wanted to make sure that they do not let management take advantage of subcontracting. Union was very strong on the belief that its members deserved the job security which is only possible by getting rid of the subcontracting. Job safety and health improvements were also great concerns to the union in this negotiation. Union believed that UPS employee get injured more often safety was a big concern. Union believed that present safety programs were not enough. An improvement was definitely needed in this area as well (Schulz, 1997). UPS strategies To prepare for the 1997 negotiation, Teamster started analyzing management previous and up to date negotiation tactics. Management strategies included shift of more workload to lower wage part timers and also expand subcontracting. Even though company was making profit at the moment, company wanted to save money to increase its total profit (Witt, Wilson, 1999). Management proposed little wage increase than in the past negotiations. Starting with lower wage increase could benefit the company in counterbalancing any workers proposal during the negotiations. Division among part timers and full timers could also benefit management as both sides would have different priorities and will benefit management on the negotiations table (Witt, Wilson, 1999). In 1994, when UPS raise the package weight, many reformers wanted to walk out but many old-guard local leaders urged them not to work out. Management believed that same will happen if the members wanted to strike in this negotiation. Management was under impression that if the top union leadership will want to have a strike the old-guard locals will not support it (Witt, Wilson, 1999) & (Bradford, 1997). Union strategies Union was well aware of the fact that membership unity was the key for the success of the negotiation. To build membership unity union wanted to make sure they everyone is on the same page. Union started a yearlong campaign to well prepare for the negotiation table. Before the contract was expired, union took a survey of all its members. The survey wanted everyone of rank his or her priorities of the demands. The very key thing in this survey was that members were also asked about the activities member were willing to participate to help win this negotiation (Witt, Wilson, 1999). At the end of the surveys completion union had a good idea of what its membership wanted and how the things shall be proceed. This step helped union gain its members’ confidence and its members also felt being part of the process. The surveys helped Teamster to talk to their members and encourage them to get involved into contract campaign. Teamster’s main mission was to find a common ground for all its membership (TDU, 2007). Union leaders tried emphasizing on the common interests of both part timers and full timers. Union tried convincing its members that no matter whether they are full timers or part timers, the issues they will be fighting for on the negotiation table will be beneficial to both sides. A better pension plan will benefit full timers as well the part timers as better pension plan will encourage full timers to retire early. Finding this common ground was important for the union, so that it can make management’s strategy of division among full timers and part timers would fail (Witt, Wilson, 1999) & (TDU, 2007). To make its campaign successful teamster focused on building a stronger network among its members. Union tried making as many members possible to get involved in the campaign. Teamsters built a member-to-member network to spread the word about the campaign and to get as many UPS Teamsters involved as possible. Negotiation Table By knowing exactly what its members wanted, teamster started negotiation by being very aggressive about its demands. On the start of the bargaining, UPS opened by asking for huge concessions. It was nothing new for the Union. It was a very commonly used tactic by the management to stat with low offering so teamsters lower their expectations. Management wanted to make sure that it does not end up giving up too much and by making initial offers very low it can change Teamster’s minds to fight for big concessions (TDU, 2007). There were two big issues where both sides fell apart. First issue was the pension plan. As we mentioned earlier both sides was benefits in controlling the pension funds. UPS offered one plan on the negotiation table. Under which the future retirees will get monthly benefits equal to $100 each month for each of the years they have worked for the company. Under this plan a full time employee who would retire after working for 35 years for the company would earn $35,000 each month as their pension. Under this plan part time employees were also eligible for the pension plan. The plan offered part timers half of what was offered the full timers. The previous plan was a multiemployer plan that UPS wanted to get rid of. According to management this new plan would pay employee more than what is being offered under the multiemployer plan. Teamster on the other hand was not willing to change the pension plan. It wanted to keep the multiemployer plan but wanted to improve the multiemployer plan and raise the benefits offered under the plan (Bradford, 1997). Under multiemployer plan UPS was paying for other retirees of Teamster who never worked for UPS. Under multiemployer plan, UPS was subsidizing other companies’ benefits. UPS did not want to do that any longer. As their mission was to increase company profit and stay in the competition, the best alternative for them was to get out of multiemployer plan and take control of the pension funds. In a statement UPS said that it wanted its money to go to only its employees. Another point UPS made was that company will earn a greater investment return on contributions made to a pension plan controlled by company compare to the multiemployer plans (Bradford, 1997)& 15 & (Krause, 1997). Second big issue that made both sides apart was about part time workers. UPS wanted to keep part timers to stay flexible. Part time workers have been part of the company since expedited service has started. Company made an argument that not only part timers let company work be flexible but also short length shifts are less tiring than the full-length shifts. Arguments were being made that it is hard for a person to unload or load a trailer for continuously eight hours. When part timers were very beneficial for the company, Teamster was very well aware of that fact that part timers get paid less and receive less benefits compare to the full timers. UPS wanted to continue its expansion of its part timer work force. Teamsters knew that they had to stop this expansion for its members well being (Krause, 1997) & (Bradford, 1997). Union surveyed many part timers before negotiation started and they found that these part timers did not feel like being important in the company. Many of them were looking for other jobs, as their part time jobs at UPS were not paying enough. Teamsters argued that corporate managers are holding on to the worker’s wages as corporate profits are increasing and executive salaries are also increasing with it. All this is affecting part timer who are facing insecure jobs and a low pay (Grant, 1997). A final offer on July 30th by UPS did not include what teamster was willing to settle for. UPS offered to start providing 200 new full time jobs per year; expansion of subcontracting for the feeder work and it did not include a decent wage increase for the workers. UPS also stood still on its decision of taking full control of the pension funds. On August teamsters decide to go on strike, the strike which changed the history of labor force forever. Teamster Strike From the very beginning, the union’s contract campaign was designed to build a broad public support. This support could help teamsters win a good contract or win in a strike if needed. The campaign held a message that Teamster’s fight is not only about fighting for wages per hour but about the future of good jobs. Teamsters spread its word not only within the US but also many European countries where UPS was planning to expand its business to (Witt, Wilson, 1999). Union kept its position strong on the issues of retirement funds and worker’s health insurance. UPS in its previous negotiations also offered the same pension plan but this time teamsters were not willing to play this game. UPS use to take this offer off the table at the very last minute in return to get union accept other concessions. In the end management asked union for the extension of the agreement but union denied. On August 1997, teamsters went on strike (Witt, Wilson, 1999). Success of Teamsters strike had many reasons behind it. Around the time of the strike UPS owned about 80% of the ground delivery business. Clearly a strike would affect company’s stability and put some economic pressure. UPS was not conglomerate with any company, which could help it get through the strike. UPS workers use to go to each city so it became known very quickly. Another specific incident that helped this strike was that it happened in August when congress was not in session. During this period it was easy for the Teamsters to get all the media attention they needed (Cabell, 1997). UPS strike also got great support from the international unions of UPS in other countries. This involvement raised the public awareness not only in Unites Stated but also all around the world. When employees in U. S. went on strike employees in many other courtiers participated in activities like sick-out or temporary disrupted package deliveries (Budd, 2008 pg 450). At the end of 16-day strike union had a solid victory. Where originally company offered only 1000 full time jobs for the part timers ended up creating 10,000 full time jobs. UPS also agreed on keeping the existing multiemployer pension plan. It was a big victory for Teamsters. Besides winning on the two biggest issues Teamsters also won on others concerning issues. There was $3. 10 an hour wage increase over the course of 5 years contract period for the full timers. UPS originally offered only $1. 50 an hour increase. Part timers also got wage increase more than what company originally has offered. They got $4. 10 per hour wage increase where company originally has offered only $2 an hour. There were also limits on subcontracting on the final contract (Cabell, 1997) & (Schulz, 1997). Summation As we mentioned earlier political, economic environments were in favor of the union. Both sides referred to the previous negotiations and based on that built their tactics for 1997 negotiation. It was a distributive bargaining where both sides wanted to gain as much possible. One could say that union was being selfish on many aspects where it wanted more and more for its members. As it is a case in any distributive bargaining, both sides wanted more in their favor. There was no effort for mutual understanding and finding a common ground. Beside one or two issues almost every other issue could be resolved with little decent effort made by both sides. Both sides had strategies and both sides tried knowing what was going to be on the negotiation table. Based on our above analysis we can say that union was more successful in knowing management strategies and planning ahead for any of the management’s tricks. Union strength was not clear to UPS until it showed it power by pulling out a successful strike. Strike cost UPS millions in lost sales during the strike. Everybody seemed to be having won but UPS. More losses were alarming UPS as many shippers threatened to permanently shift to non-union competitors. Questions arise like what went wrong in this negotiation which leads to strike and whether teamsters were being simple selfish in what they wanted. UPS employees were enjoying relative job security at the time. Also, the turnout rate at UPS was low compare to the industry-wide rate. In many special jobs task managers like first-line managers were being paid the highest wages in the industry. The executives at UPS were not getting paid outrageously (USDA, 1997). Management might not have thought union will be that aggressive as it came out to be. There was a wall, which stopped each side from understanding one another. A good relationship of 82 years was broken with this strike. UPS and Teamsters needed to understand each other’s priorities and strengths. Trying method of interrogative bargaining could help both sides reach to an agreement without strikes and economic losses. In order to accomplish this, both sides must realistically share as much information as they can to understand each other's interest. A key for the Teamsters strike was its successful attempt to mobilize higher ranks. Involvement of the key individuals in favor for the strike was very important part of the successful strike. Next key for the Teamster success was to be able to know the issue that resonates with the general public. It was very important for UPS to know what Teamster’s strength was. Underestimating labor power was a key mistake that the management seemed to have made. Only an open and honest relationship among the management and Teamsters can help avoid strikes in future. References: 1. Witt, Wilson, Matt, Rand. The Teamsters' UPS Strike of 1997: Building a New Labor Movement. † Labor Studies Journal. 24. 1 (1999): 58-72. Web. 22 Apr 2010. http://www. accessmylibrary. com/article-1G1-54517324/teamsters-ups-strike-1997 .html (Pro-union) 2. TDU, â€Å"1997 ups contract: year-long contract campaign key to win†, Teamsters for a Democratic Union. 03-06-2007, Web. 29 Apr 2010. http://www . tdu. org/node/5252 (Pro-union) 3. Cabell, Brian. (1997, August 20). It's official: teamsters end ups strike. Retrieved from http://www. cnn. com/US/9708/20/ups. update. early/ (Neutral) 4. Bacon, David. (1997, August 24). The Ups strike – unions win when they take the offensive. Retrieved from http://dbacon. igc. org/Strikes/07ups. htm (Pro-union) 5. Michael Bradford. (1997,  August). UPS, â€Å"Teamsters boxing on benefits†. Business Insurance,  31(32),  1,25. Retrieved April 29, 2010, Business Insurance v31 p1, august 11, 1997. (Neutral) 6. JOHN D. SCHULZ. (1997, August), ‘Digging In’. Traffic world. V251 p10-13 august 18’97. http://vnweb. hwwilsonweb. com. ezproxy. lib. uwm. edu/hww/results/results_single_fulltext. jhtml;hwwilsonid=KSIR1EBXDQ24PQA3DILSFGOADUNGIIV0 (Neutral) 7. Kristin S. Krause. â€Å"Part-Time and Pensions. Traffic World v251 p11-12 August 11 '97. (Neutral) 8. John D. Schulz. â€Å"Keeping the dream Live,† Traffic World v249 p33 March 17, 1997. (Neutral) 9. John F. Budd. â€Å"What the Teamsters Knew. † Budd Jr. , John F, Initials. (1997, Nov-Dec). What the Teamsters knew. Across the Board, 34(10). (Neutral) 10. GRANT, L. (199 7). ‘How UPS Blew It. † Fortune, 136(6), 29. Retrieved from Master FILE Premier Database. (Pro-management) 11. Henry R Hoke. (1997,  September). â€Å"The UPS strike's winners and losers. †Direct Marketing,  60(5),  80. Retrieved April 29, 2010, from ABI/INFORM Global. (Document ID:  15113521). (Neutral) 12. John J. Schulz. August,1997), Many Winners, One Big Loser. Traffic World v251 p11-12+ August 25 '97. (Pro-union) 13. USDA. The 1997 Economy: An Overview. (1997), Economic research service. Web: http://www. ers. usda. gov/publications/aer780/aer780b. pdf (Neutral) 14. Robert J. Grossman. â€Å"Trying to heal the wounds – human resources management at United Parcel Service of America Inc after a labor strike. † HR Magazine. Apr, 2010. http://findarticles. com/p/articles/mi_m3495/is_n10_v43/ai_21136884/ (Pro-management) 15. Budd, John W. Labor Relations: Striking a Balance, 2nd Edition, McGraw-Hill Irwin Publishing: Chicago, 2008. (Neutral)

Maturity of Scout in to Kill a Mockingbird - 2181 Words

Ashley Choi Mr. Zameroski Honors English 2 1 November 2011 To Kill A Mockingbird Essay A mother of a gay student that faced bullying stated in an article, that anyone who has â€Å"‘’hate in their hearts’† should accept people with differences because they are â€Å"‘going to be who they are’† (James, Boy Assaults Gay Student as Cellphone Captures Attack). In a perfect society, everyone would accept each other and not judge others based on appearance or social status. However, today many people still face the problem of acceptance. Harper Lee’s novel, To Kill A Mockingbird, illustrates how others can learn to be accepting from the characters in the novel. Scout leaves her naà ¯ve childhood behind and changes to into an accepting young adult through†¦show more content†¦Similar to the story, Scout finds out that Boo is actually a generous and friendly individual. In the end, Scout changes to be an accepting person from because of ArthurBoo Radley.She learns not to judge Boo, by h aving the courage to go against the society that discriminates people who are different. Once she spends time with Boo, develops empathy for him, and focuses on what they have in common, then she begins to understand and accept him. Through Boo Radley, Scout becomes an accepting person by learning to not to judge someone just based on rumors that have a high probability of being wrong. Another character that helps Scout to become accepting is Tom Robinson. He teaches Scout how pervasive racism is and the importance of fighting it. When Tom Robinson gets shot by trying to escape, Scout begins to experience for the first time, how strong racism and prejudice is between whites and blacks. After reading Mr. Underwood’s article, she realizes that Tom Robinson is a â€Å"dead man† once Mayella Ewell â€Å"open[s] her mouth and scream[s]† (Lee 241). Society is so unjust; Tom is stuck in a situation, where it is impossible for him to win the case, since a black man’s word will never be more respected than a white woman’s. After the trial, Scout is more aware of the need to treat all races equally. One day after Scout and Jem visits Calpurnia’s church, Scout asks if she can â€Å"‘come see [Calpurnia] sometime’† (LeeShow MoreRelatedMaturation Theme In To Kill A Mockingbird By Harper Lee1609 Words   |  7 Pages Maturation Theme To Kill A Mockingbird â€Å"Maturity is not measured by age. It’s an attitude built by experience.† This quotation says of how you don’t mature by aging and growing older but maturing by understanding situations and events you are found in and how you deal with those challenges or problems. The definition of maturity is to â€Å"have attained a final or desired state.† This means that although some don’t mature ever in life it is of something every human being must do to properly work inRead MoreHow Does Harper Lee Portray the Themes of Innocence, Maturity and Growing Up in to Kill a Mockingbird ?1053 Words   |  5 PagesIn ‘To Kill a Mockingbird’ written by Harper Lee, the author has used numerous different methods to portray the themes of innocence, maturity and growing up. These themes were put in so that the audience could become more empathetic towards the characters, especially the protagonists. She depicts these themes through characters, events, using symbolism, imagery and contrast located throughout the book. Firstly, Harper Lee shows the themes of innocence, maturity and growing up through the mainRead MoreKill A Mockingbird By Harper Lee1294 Words   |  6 Pagestransition is usually known well as the change from a child to an adult. Harper Lee’s historical fiction novel ‘To Kill a Mockingbird’ illustrates this movement proficiently. The plotline of the small, quiet town of Maycomb suddenly growing intense and controversial shows readers how surrounding events shape the people who participate in them, especially the young. ‘To Kill a Mockingbird’ follows multiple children who watch their town grow steadily coldhearted and gives imagery to these children shapingRead MoreTo Kill A Mockingbird : Character Analysis986 Words   |  4 Pagesmay be difficult, but it is also a very important part of life. Many authors use this concept as a main idea in their novels. In the book To Kill a Mockingbird by Harper Lee, the author expresses the responsibilities of m aturing and becoming an adult by how the main characters develop throughout the story. Many kids today deal with the same problems that Scout and Jem do. The responsibilities of an adult are very hard to transition into. Many adults expect teenagers to understand these new feelingsRead MoreTo Kill a Mockingbird-Coming of Age943 Words   |  4 PagesTo Kill a Mockingbird-Coming of Age Throughout the book, To Kill a Mockingbird, Scout demonstrates maturity in a number of examples. There were two main experiences where Scout could see herself come of age. Not only that, but she reflects on those occurrences and ask the question, why? At the beginning of the novel, Boo Radley is addressed. Rumors have floated around, referring to Boo as a â€Å"malevolent phantom† while accusing him of being guilty of â€Å"any stealthy small crimes that were committedRead MoreTo Kill a Mockingbird903 Words   |  4 Pagesâ€Å"What lies behind you and what lies in front of you, pales in comparison to what lies inside of you† (Ralph Waldo Emerson). To Kill a Mockingbird by Harper Lee is a novel about people in the 30’s who show a number of different themes. Firstly, maturity is shown a lot near the end of the novel and during Tom Robinson’s trial. Secondly, racism is a huge part of this novel because a lot of people were judgemental and didn’t approve other races. Lastly, loyalty appears throughout the novel, especiallyRead MoreHarper Lees To Kill a Mockingbird: Scouts Childhood Innocence and Growing Maturity1115 Words   |  5 Pagesflower of maturity to bloom. It seems that almost every adult chooses to either forget or ignore this childhood vulnerability. But ironically, it was this quality that pushed them into adulthood in the first place. At the peak of their childhood, their post climactic innocence allows room for the foundation of maturity to begin to grow. In the sleepy southern town of Maycomb this is exactly what happens to eight years old Jean Louise â€Å"Scout† Finch. In To Kill a Mockingbird the character Scout is forcedRead MoreTo Kill a Mockingbird Motiff Essay779 Words   |  4 PagesLee’s â€Å"To Kill a Mockingbird†. The process of this growth is especially obvious in Jem and Scout’s journey through out the book. The first part of to â€Å"kill a mockingbirdâ€Å", while experience is there, innocence is the primary theme. Both Jem and scout are just beginning to experience things. In â€Å"To Kill a Mockingbirdâ€Å", by Harper Lee, there are many great examples of Jem or Scout moving from innocence to experience. One example of Scout’s innocence is when Walter comes over for dinner. Scout says, â€Å"ButRead More Growth and Maturity in To Kill a Mockingbird Essay1004 Words   |  5 Pages Building Blocks of Growth and Maturity In To Kill a Mockingbird Throughout the novel To Kill a Mockingbird by Harper Lee, many characters develop and mature in unique ways. Boo, who fears talking to others, Aunt Alexandra, who is against people of other races or social classes, and Scout, who is young and is not aware of life’s challenges, constantly suppress their emotions and personality. Their life choices and decisions that they make throughout the book, lead them to be moreRead MoreThere Are Many Themes That Are Woven Throughout To Kill959 Words   |  4 Pagesthemes that are woven throughout To Kill a Mockingbird that apply in modern day. For example, To Kill a Mockingbird, a novel written by Harper Lee, is set during the 1930s in a racially prejudice town called Maycomb County. A kind, misunderstood, black man is accused of raping an abused white girl. Although it’s obvious that he did not do it, the white jury refuses to take a black man’s side over a white girl’s word. Through the innocent eyes of a girl na med Scout, the theme of racial prejudice is

Case Study 2 Hollywood - 1665 Words

Davielle Rodgers INT-113 Intro to International Business Dr. Shahrokh Dalpour November 2 2014 Case Study-Hollywood Influence on Global Culture 1. Most aspects of foreign culture, like language, religion, gender roles, and problem-solving strategies, are hard for the casual observer to understand. In what ways do Hollywood movies affect national culture outside the United States? What aspects of U.S. culture do Hollywood films promote around the world? Can you observe any positive effects of Hollywood movies on world cultures? 2. Culture plays a key role in business. In what ways have movies influenced managerial tasks, company activities, and other ways of doing business around the world? Can watching foreign films be an effective†¦show more content†¦*The influence of professional and corporate culture tends to grow as people are socialized into a profession and workplace. *Corporate and professional cultures are embedded in national cultures. *Movies are both dependent and independent variables when it comes to national, professional and corporate cultures. Films both influence and are a result of these three overlapping cultures. As culture permeates business on several levels, invariably, managerial tasks, company activities and worldwide business transactions are mirrored in films, and vice versa, movies capture worldwide business activities and other ways of doing business around the world. *We emulate role models, whether they perform in films or in corporations. Indeed, we can learn about different cultures and languages recognizing that what is significant in one culture may not be commensurately important in another culture. *Watching foreign films can be an effective way of learning about: -Interpersonal exchanges- greeting and parting rituals -How far apart to stand, what to say, and whether to touch or smile. -Ceremonies that may vary as a function of the age, gender, and status of the greeter -Value-chain operations such as product and service design, marketing, and sales- which must consider the cultural context- Example- red may be beautiful to the Russians; it symbolizes mourning inShow MoreRelatedBig Data For The Us American Film Industry1226 Words   |  5 PagesBefore the advent of the Internet and social media, Hollywood executives were often wandering in the dark when it came to understand in detail what their audiences wanted and how any given film could be marketed to exactly the right audience, thus those parts of the population more inclined to spend money on a certain type of film. With the advancement of technology the tables have, however, turned. The Internet and especially social media have opened up a wealth of options to access informationRead MoreWeight Watches Case Study Essay examples823 Words   |  4 Pages* WEIGHT WATCHERS CASE QUESTIONS * 1. Trace how you might go through WEIGHT WATCHERS CASE QUESTIONS 1. Trace how you might go through the steps in the consumer decision process if you were thinking of going on a diet and using either of these diet programs. I would first consider the risks,Look at the price any promotion being offered, nest Important thing is the Place convenient Risks Basic philosophy / approach Foods that are / arent allowed How much work involved Cost Speed to resultsRead MoreCase Study- How Hollywood Portrays Arabs1259 Words   |  6 PagesCase Study- How Hollywood portrays Arabs An Overview of the portrayal Introduction Hollywood has for several decades, set an agenda as well played a propagandist role in showcasing the Arab world and the Middle East in general. This depiction has been greatly impacted by several major political events from the last few decades to a century. Political events such as the creation of the State of Israel, the revolution of the Islamic State of Iran, and the tragic events of September 11Read MoreGlobalization and Cultural Homogenization Essay1497 Words   |  6 Pageshas its own characteristic on the whole, the cultural homogenization has been presented in social life, especially in the media industry. This essay will discuss the definition of globalization and cultural homogenization, and the popularity of Hollywood movies in China, the phenomenon of convergence of TV programmers between different countries and Japanese anime elements in video games around the world will be given as examples to demonstrate the homogenization of media culture. Culture includesRead MoreRepresentations Of Disability During The 20th Century1727 Words   |  7 Pagesthe early 20th century. Focusing on the time after World War I, historian Paul Lawrie argues that rehabilitation was constrained by America’s unique racial dynamics. Basing his argument on policies of the Federal Board of Vocational Education and studies of race and health care at the Tuskegee veterans hospital, Lawrie concludes that while rehabilitation could remake â€Å"near white† immigrants into â€Å"dutiful, efficient Americans,† nonwhite peoples require social and occupational segregation.1 To LawrieRead More Personality Disorders Essay1330 Words   |  6 PagesThey lack the capacity to feel normal emotions and thus they must fake it. In cases of severe psychopathy, it will be incredibly obvious that the patient has no idea how to experience a mutual, shared emotion (Meloy 2007). Therapy is often thought to not be an option as treatment is incredibly difficult, because most sociopaths don’t even believe that they have a mental disorder. In a study, Meloy (2007) found that â€Å"2/3 of all psychiatrists believe that a ‘psychopathic disorder’ can be a treatableRead MoreEssay about Imax Case1148 Words   |  5 Pagespossible direction that could be taken based on the case study. Basic Concepts The IMAX strategy is two pronged. The 1st prong is to expand beyond institutional environments by opening IMAX theatres within multiplexes or convert existing multiplex screens. 2nd the launch of more Hollywood films in IMAX format. Key Issues 1.) Could IMAX thrive as a niche player that made large format films and systems? 2.) Would increasing the number of Hollywood movies released to IMAX format save the firm orRead MoreProspectus Example1677 Words   |  7 Pageslatter part of the Cold War years. In school, we had â€Å"bomb drills† in which time we got under our desks and took cover in case of a bomb or missile hitting the city. The apartment building that I lived in had a â€Å"fallout shelter† downstairs underneath the building to house survivors of nuclear war and spare them the effects of radioactivity. In my pre college studies, I didn’t learn much about the politics behind the United State’s foreign relationships with Cuba and the former Soviet UnionRead MoreThe Ft Lauderdale Airport ( Fll )1110 Words   |  5 PagesThe Ft Lauderdale airport (FLL) serves the Fort Lauderdale, Hollywood, and Dania Beach region as well as acting as a hub for further travel south into the Caribbean. Southwest, JetBlue, Spirit, and Delta make up the majority of the airline traffic, and Spirit Airlines utilizes Ft. Lauderdale as a hub for its operations in the region. The Ft. Lauderdale airport is currently the 22nd busiest airport in the United States, serving 89,330 scheduled flights in 2016 and 10.7 million passengers. (BureauRead MoreDigital Piracy Essay1225 Words   |  5 Pagesstorage of copyrighted content and caused movie piracy to soar substantially (Fetscherin, 2005). Digital piracy can generally occur offline (through the copying of discs and files) and online (through the downloading and sharing of files). A recent study revealed that approximately 24% of global internet traffic is copyright infringing, with peer-to-peer networks accounting for half of that amount (Envisional, 2011). Furthermore, internet piracy facilitates the sharing of movies during and even before