CEOs, Workers, and the Costs of Excess - 634 Words

CEOs, Workers, and the Costs of Excess Students Name Course Title May 3, 2013 CEOs, Workers, and the Costs of Excess The term executive pay has acquired bad connotations over the past decade or so and the recent Occupy Wall Street movement brought this issue back into public consciousness on a worldwide scale (Minder, 2013). In Switzerland, the parliament recently passed legislation that would limit executive compensation excesses under threat of fines and imprisonment and the European Parliament agreed to limit banker bonuses to twice their base salaries. Adding fuel to this fire was last months announcement that the golden parachute for departing Novartis Chairman Daniel Vasella would include a $78 million dollar severance payment. While these citizen protests and legislative actions could be an overreaction to a few isolated cases of executive compensation excess, the data suggests otherwise. According to the AFL-CIO (2013), executive pay has increased dramatically over the past several decades compared to worker compensation. In 1982, the pay ratio between executives and workers was 42:1, but by 2012 it had increased to 354:1. This 8.4-fold differential in compensation suggests that the productivity of executives has also increased 8.4-fold relative to productivity of workers. If executive pay is positively correlated with a firms bottom line, then higher pay should predict success. Unfortunately, researchers have found the opposite to be true. In the daysShow MoreRelatedEssay Human Resources Case Study 771015 Words   |  5 Pagesinsurance costs increased from $4,680 per year in 2000 to $9,869 in 2010. It becomes very alarming considering the companies profits have continued to shrink during the recent recession. This puts a huge burden on everyone in the company because drastic measures now have to be taken in order to keep Quality Auto Parts in business. The health committee came up with four options for Quality Auto Parts to take in hopes of keeping the business flourishing towards the future. It is obvious that the CEO ofRead MoreReduction of Costs to Maximize Profit Returns1602 Words   |  6 PagesReduction of Costs to Maximize Profit returns (Production Firms) Introduction Cost leadership implies that an organization or business tries to have low costs so that they can sell their products and services at low costs. This type of leadership strategy allows them to make profits even with low costs than their competitors. It places the business at a position where it can effectively compete on the basis of price with both the new entrants in the industry and existing competitors. It also createsRead MoreEnron Questionable Transactions Essay765 Words   |  4 PagesThe question which segment of its operations got Enron into difficulties is simple to answer, everything. Almost every all segments of their operation were improper. First of all, they practice unethical and dishonest practices which victimized workers, consumers, taxpayers and stockholders. Enron created partnerships within their own organization which led to them creating new financial instruments, called SPE’s (special purpose entities) which was used to falsify the accounting. The i mproperRead MoreEnergy Case Study1178 Words   |  5 Pages the top rate for power has risen four times as fast as  inflation (Morrow and Cardoso, 2017). Canadian’s electricity consumption per capita is high compared most of the world, the price has not stopped. Torontonian has haunted by this skyrocketed cost. Canada is a cold country, so they need heating systems. Also, Toronto is a big city so that there are high population density. Thus, not every Torontonians’ houses or condominiums have enough space to hung up their cloths, so they need to dry theirRead More Business in Nucor Essay1489 Words   |  6 Pages Nucor Corporation - Structuring for Efficiency and Effectiveness Introduction Nucor achieved its position as one of the largest steel producers in the United States by carefully monitoring costs and paying attention to the needs of its markets. This strategy of providing its customers with a competitive product at competitive prices has brought success and growth to Nucor, in sales, income, and stock price. Recently, however, the control of the organization has been brought into question. TheRead MoreCostco mini case study1276 Words   |  6 Pagesmerchandising, low cost emphasis, and growth are the chief elements of Costco’s strategy. It is a very good strategy because they offer the lowest prices no matter what. 3. Do you think Jim Sinegal has been an effective CEO? What grades would you give him in leading the process of crafting and executing Costco’s strategy? What support can you offer for these grades? Refer to Figure 2.1 in Chapter 2 in developing your answers. Yes, I do think Jim Sinegal has been an effective CEO. I would give himRead MoreNucor at a Crossroads1363 Words   |  6 Pagesmarginal cost of production. This case will examine Nucor’s history, the impacts of entering the thin-slab casting business, the advantages Nucor would reap, and whether they should build the new thin-slab casting plant. Looking at the business landscape of the steel industry, it is amazing to see how well Nucor has done considering the industry is so competitive and has relatively low profitability. Using Porter’s model, the threat of rivalry is high due to weak domestic demand, excess globalRead MorePacific Brands948 Words   |  4 Pagesinformation, of their financial strengths, weakness and challenges that may have contributed to their current state and explain how they may have contributed to the current state of the company †¢ Read the Directors’ Report, Auditors’ report, CEO report and any other information contained in the annual report and critically evaluate what this information reveals about the corporate governance, accountability and compliance of the organization and its directors’. †¢ Assess how useful publiclyRead MoreNucor at Crossroads1352 Words   |  6 Pagesmarginal cost of production. This case will examine Nucor’s history, the impacts of entering the thin-slab casting business, the advantages Nucor would reap, and whether they should build the new thin-slab casting plant. Looking at the business landscape of the steel industry, it is amazing to see how well Nucor has done considering the industry is so competitive and has relatively low profitability. Using Porter’s model, the threat of rivalry is high due to weak domestic demand, excess global capacityRead MoreHistory of Bp Oil Spill2349 Words   |  10 Pagesthe Deepwater Horizon accident, BP had also suffered major accidents in its oil production fields in Texas and Alaska. Its CEO, Lord John Browne, had greatly expanded the company by buying off other oil companies and cutting costs. Unfortunately, Frontline’s report suggests the company s sole focus on expansion and cost reduction was what caused the fatalities of BP’s workers. BP started out as a small joint British Persian oil company in the 1970s. However, a revolution in Iran had cut off BP’s

Critical Assessment of an Invasive Method of Investigating...

Critical Assessment of an Invasive Method of Investigating the Brain There are many different invasive ways of investigating thee brain including chemical stimulation, ablation and lesioning. All invasive methods artificially stimulate, and actually affect the brain. For my example I am going to look at electrical stimulation. The first person to study electrical stimulation on the brain was by Olds and Milner in 1954. They applied a weak current to the pleasure centre of the brain to a number of rats using small electrodes. The rats themselves could trigger the electrical stimulation themselves by pressing a lever. They found that apart from eating and sleeping the rats would press the lever†¦show more content†¦These discoveries where quite magnificent at the time and led the way for more research into the brain and then later development of PET and MRI scans. But there are still a great number of problems in this research and any research using electrical stimulation. For a start in the above experiment there was a very small sample of people used and therefore the results cannot be generalised to the rest of the human population. Also all of the patients had either brain tumours or epilepsy and therefore their brains were abnormal anyway. So none of the findings can be generalised to people with normal functioning brains. All experiments using electrical stimulation on the brain also lack ecological validity due to the fact that the impulses are abnormal and artificial. Therefore they may not reflect the actual function of the cortex. Also no one really knows what affect theses impulses are having on the brain, i.e. they could be damaging to the patients. 2. Describe and critically assess one non-invasive method of investigating the brain. (12) All non-invasive methods of investigating the brain do not actually affect the brain but watch its naturally sending its own electrical impulses. This is one of the great advantages of non-invasive methods overShow MoreRelatedUse of Minimally Invasive Techniques in Psychological Studies2908 Words   |  12 PagesIntroduction- Invasive naturally means entering the body by cutting or inserting an instrument. In this case we are talking about how is it essential to use invasive technique’s to move further and faster in the world of Psychological studies. Studies have proved that by using invasive techniques it has changed the world of psychology because it gives researchers and experimenters a wider view on the brain. Many hospitals around the globe are still using invasive techniques mostly known as openRead MoreCommunity Health Nursing Final Exam Study Guide Essay15874 Words   |  64 Pages-- 1. Health care for homeless, why is it so costly? They typically have to stay in the hospital for a longer amount of time because they have a lot more co-morbidities that need to be treated. Being brought to the ED is extremely expensive. Critical interventions are very costly, and so are all the diagnostic tests that must be done. They usually don’t have insurance. High mental heath issues in the homeless population. High risk for infections, trauma, violence. Don’t age very well. WhereRead MoreMedical Tourism22177 Words   |  89 Pagessnapshot using value network approach are evaluated to identify the pros and cons about the industry. In the beginning, a brief about medical tourism is written along with the background to research, and project aims and objectives. Next, a critical literature review is performed to explore previous research and to analyze merits and limitations of the theoretical frameworks. Interviews with managers and medical practitioners were arranged to gather primary data. Secondary data was also obtainedRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesConflicts 21 †¢ Creating a Positive Work Environment 22 †¢ Improving Ethical Behavior 22 Coming Attractions: Developing an OB Model 23 An Overview 23 †¢ Inputs 24 †¢ Processes 25 †¢ Outcomes 25 Summary and Implications for Managers 30 S A L Self-Assessment Library How Much Do I Know About Organizational Behavior? 4 Myth or Science? â€Å"Most Acts of Workplace Bullying Are Men Attacking Women† 12 An Ethical Choice Can You Learn from Failure? 24 glOBalization! Does National Culture Affect OrganizationalRead MoreImpact of Science on Society38427 Words   |  154 PagesGovernment Printing Office Washington, D.C. 20402 Foreword Science and technology have had a major impact on society, and their impact is growing. By drastically changing our means of communication, the way we work, our housing, clothes, and food, our methods of transportation, and, indeed, even the length and quality of life itself, science has generated changes in the moral values and basic philosophies of mankind. Beginning with the plow, science has changed how we live and what we believe. By makingRead MoreImpact of Science on Society38421 Words   |  154 PagesPrinting Office Washington, D.C. 20402 Foreword Science and technology have had a major impact on society, and their impact is growing. By drastically changing our means of communication, the way we work, our housing, clothes, and food, our methods of transportation, and, indeed, even the length and quality of life itself, science has generated changes in the moral values and basic philosophies of mankind. Beginning with the plow, science has changed how we live and what we believe. By makingRead MoreFundamentals of Hrm263904 Words   |  1056 Pages With WileyPLUS: Students achieve concept mastery in a rich, structured environment that’s available 24/7 Instructors personalize and manage their course more effectively with assessment, assignments, grade tracking, and more manage time better study smarter save money From multiple study paths, to self-assessment, to a wealth of interactive visual and audio resources, WileyPLUS gives you everything you need to personalize the teaching and learning experience.  » F i n d o u t h ow t o MRead MoreContemporary Issues in Management Accounting211377 Words   |  846 Pagesgenerally, and he has published in many journals including Accounting, Organizations and Society; Management Accounting Research; Scandinavian Journal of Management; Accounting, Auditing and Accountability Journal; Journal of Intellectual Capital; and Critical Perspectives on Accounting. David Otley is Professor of Accounting and Management at Lancaster University Management School. His research interests are centred upon the operation of management control and performance management systems in largeRead MoreManaging Information Technology (7th Edition)239873 Words   |  960 PagesInformation Technology Platform 170 ̈ CASE STUDY I-7 Midsouth Chamber of Commerce (B): Cleaning up an Information Systems Debacle 177 PART II Applying Information Technology Chapter 5 Enterprise Systems 189 Application Areas 187 189 Critical Concepts 191 Batch Processing versus Online Processing 191 Functional Information Systems Vertical Integration of Systems Distributed Systems 192 Client/Server Systems Virtualization 192 192 193 194 Service-Oriented ArchitectureRead MoreAccounting Information System Chapter 1137115 Words   |  549 PagesCompanies go to great lengths to make sure that errors are not entered into a system. 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Psychological Effects of Bisexuality Free Essays

What is bisexuality? Synthesizing the predominant theories of bisexuality, Smiley (1997) suggested the following definition: Bisexuality is a sexual orientation in which an individual: experiences a combination of sexual and affectional attractions to members of both sexes; engages to varying degrees in sexual activities with both sexes; and self-identifies as bisexual in a way that is consonant with personal, social, political, and lifestyle preferences (Smiley, 375). Bisexual and the transgender people are two less visible segments of the lesbian, gay, bisexual, and transgender community. According to the authoritative Kinsey Report, which compiles data on human sexuality, almost eight in 10 people have some characteristics of bisexuality, wherein an individual feels attracted to both sexes (Klien, 13). We will write a custom essay sample on Psychological Effects of Bisexuality or any similar topic only for you Order Now However, bisexuals have to confront not just the homophobia of the straight community, which brands them as promiscuous, even though most are in strictly monogamous relationships, they also face derision from the gay community, which considers them closet gays, hiding behind the veneer of bisexuality because they are afraid to come out. Not surprisingly, therefore, that a recent study by the Australian National University found that bisexuals â€Å"had the worst mental health on measures of anxiety, depression and suicidality (Hall, 28). Tommy (name changed) Hogan, who came to Los Angeles, California nearly two years ago for graduate studies in Health Administration and works for Watts Health Foundation, says in adolescence he found himself being attracted to both boys and girls. In the gender-segregated society we lived in, opportunities for `fooling around’ were much more readily available with peers of the same sex. I thought everyone in my circle was like me. So when I came to the Los Angeles it was very surprising to find that there were some individuals who were not attracted to men and others who were not attracted to women† (T. Hogan, personal communication, October 26, 2002). He wouldn’t say he was gay. He would only say that he was sleeping with other men. He liked to call it â€Å"M-S-M,† men sleeping with men, you know, Brothers on the down low. I called it being a bisexual. The first thing that Tommy made clear to me is that bisexuality does not describe one sort of behavior, but rather a whole range of behaviors and lifestyles. Talking openly about sexual orientation within as private a community as the African American community is something that is not often done. Tommy revealed his disappointment at the community’s lack of acceptance of non-traditional lifestyles. According to a generally agreed upon definition, it isn’t necessary for a person to be equally attracted to men and women and to be involved in multiple relationships, to be bisexual. In fact, a person can be celibate and still be bisexual. It’s all a matter of whom he or she finds attractive and how he or she identifies himself or herself. There is no behavioral â€Å"test† to determine whether or not one is bisexual. Bisexuals come in all shapes and sizes, from all occupations, and with all levels of educational, racial and cultural background. When Tommy told his father of his attraction to both men and women, his father simply said that though these desires were natural and most people had them, eventually he expects Tommy to get married and have a family. â€Å"Even though his message was that it was preferable to get married to a woman, I was struck by his statement that same-sex feelings were natural, and by the fact that he didn’t put same-sex desire down by calling it a perversion or sin† (T. Hogan, personal communication, October 26, 2002). Hogan says, â€Å"People have this misconception that bisexuals are promiscuous. I have been in strictly monogamous relationships and most of us are perfectly content with that. If people have made up their mind something is abnormal they can come up with as many reasons as to why it is so, and if there are people who think otherwise, they too can come up with a variety of reasons to prove their point. Why can’t we approach this from a humanistic viewpoint that people have the right to love whomsoever they want to, as long as it is consensual? Tommy is very content with the bisexual lifestyle he is living. He seems to not know whether or not he will always be this way. I got a sense from our interview that he wasn’t happy being this way. He begin the express the importance of how being very religious he could not live this type of lifestyle. I would have to agree that the Bible does speak against any type of homosexual behavior. Tommy and I have discussed this issue on more than one occasion. He seems to be confused as to what he really wants. It is a battle for him to be with a woman and be attracted to a man that is in the same company. Tommy at the present lives by himself so he doesn’t feel as if there are any rules he has to live with. He currently resides in the Hollywood area. He is comfortable living this lifestyle and his community contributes to this. Tommy has many friends and he also dates several women. Many individuals do not know that he is bisexual. Individuals might suspect that Tommy is bisexual but they have no confirmation. I am a close friend to Tommy and I actually have had the pleasure of knowing him for two years. I also might add that I have been attracted to Tommy for these two years and have dated him. I do accept his lifestyle as being bisexual because I care about him. But, I choose not to be in a relationship with Tommy because I do not want to risk my life or my health. We have an open and honest relationship so he understands that I have feelings for him but I in know way want to proceed with a relationship. But, if he chooses not to participate in this lifestyle in the future I just might end up being with him. But as one of his friends along with the others, he is accepted and is treated no differently than the next person. Tommy always feels comfortable in talking with me about his sexuality. He seems to be at this point in his life trying to deal with issues in the past that he feels might have led him to being attracted to both women and men. He has never mentioned to me about anything that stemmed from his past that might have triggered this imbalance in sexuality. I personally accept anyone who chooses to live a gay, lesbian or bisexual lifestyle. However, I do not condone dishonesty in sexual relationships with partners who have no knowledge of each other’s sexuality. It is really hard to discuss the responses of others, many individuals just do not know. Tommy is a very nice looking young man and is very professional and classy. He has all the traits that women are seeking in this young adult age. I believe that if women knew of his lifestyle as a bisexual they might not be as interested in him as before. As I mentioned many people question his sexuality but he has encountered no prejudice against him in that regard. Tommy indicates that it wasn’t until he came to Los Angeles that he decided to practice his lifestyle as a bisexual. Los Angeles makes it a lot easier to be bisexual, gay or a lesbian and be accepted in society. He feels most comfortable here and being able to go out in public with another man. He felt as though when he lived with his family he could not practice bisexuality. He never carried out sexual relationships with men until he came to Los Angeles. The sexuality of Black males as well as females is enmeshed with racial stereotyping thus the issues of gays and bisexual blacks is a particularly sensitive one so far as the Black community is concerned. The notion is that bisexuals are confused, promiscuous and greedy. To me promiscuity is really an oxymoron. It’s down to the individual needs and requirement of that person. I will never have an issue with anyone who chooses to be bisexual but in these days it is just unsafe to be with someone who is bisexual because AIDS is so prevalent and many individuals are just not honest with their sexual orientation. How to cite Psychological Effects of Bisexuality, Essay examples

PHI Lab Worksheet

Question: The aim of this experiment is to find the ultimate tensile strength, density and other parameters for different materials. Answer: Introduction Ultimate tensile strength (UTS), more often than not condensed to inflexibility or serious power is the cutoff of a material or structure to withstand masses tending to amplify, on the other hand than compressive incredible, which withstands masses tending to diminish measurement. By the day's end, flexibility contradicts stress, however compressive charming restricts strain. Extreme pressure is measured by utilizing the most serious push that a material can withstand in the meantime being extended or pulled sooner than breaking. In the investigation of best of substances, elasticity, compressive great, and shear fine may also be broke down freely. A couple of materials wreck forcefully, without plastic miss-happening, in what's known as a susceptible disappointment. Others, which might be extra bendable, together with most metals, experience some plastic distortion and potentially necking before crack. The UTS is most commonly discovered with the aid of taking part in out an elastic experiment and recording the designing nervousness versus pressure. Essentially the most noteworthy reason of the stressstress bend is the UTS. It is a concentrated property; as a consequence its quality does not rely on upon the span of the test instance. Finally, it's reliant on extraordinary variables, for illustration, the readiness of the illustration, the nearness or normally of floor imperfections, and the temperature of the test atmosphere and fabric. Elastic qualities are as soon as in a whilst utilized as part of the configuration of pliable contributors, however they're principal in fragile individuals. They are arranged for basic substances, for example, combinations, composite substances, earthenware construction, plastics, and timber. Elasticity will also be characterized for fluids and additionally solids below certain conditions. For instance, when a tree attracts water from its roots to its upper leaves by means of transpiration, the part of water is pulled upwards from the highest via the union of the water in the xylem, and this power is transmitted down the section by way of its rigidity. Pneumatic force, osmotic weight, and hairlike pressure likewise has little impact in a tree's ability to draw up water, however most effective this could simply be enough to push the component to water to a stature of underneath ten meters, and trees can increase a lot larger than that (more than 100m). Experimental calculations Bulk solid compressibility Bulk Solid: Fly Ash Test Date: 27.05.2016 Cell Diameter: 63.5 mm Gross Mass 1: 357.49 g Tare Mass: 321.73 g Test no. Total mass on sample (kg) Indicator reading (inch) Computed normal stress (kPa) Computed bulk density (kg/m3) 1 0.12 0.5790 0.372 1130 2 0.62 0.5450 1.924 1250 3 1.12 0.5290 3.04 1340 4 2.12 0.5105 6.58 1380 5 4.12 0.4895 11.19 1405 6 8.12 0.4675 22.06 1454 7 16.12 0.4460 43.80 1495 Now according to the bulk density relation- Substituting the values in this relation- 1380 = A*1.10n i Also- 1405 = A*1.884n ii Now dividing the equation ii by i- n = 0.025 Substituting this value in equation i- 1380 = A*1.710.025 A = 1361.61 Now plotting the relation between the density and the density and normal stress- Figure: Variation of density with normal stress Wall yield locus and determination Bulk Solid: Fly Ash Test Date: 27.05.2016 Cell Diameter: 95.25 mm Wall material: Black plate-hot rolled Gross Mass: 33.305 lb Plate mass: 2.438 lb Area A: 0.00712 m2 Sl. no. Total mass on sample (lb) Shear force (lb) Normal stress (kPa) Shear stress (kPa) 1 20 20 0.632 0.512 2 18 18 0.569 0.504 3 16 16 0.561 0.495 4 14 14 0.491 0.483 5 12 12 0.421 0.418 6 10 10 0.351 0.394 7 8 8 0.280 0.313 8 6 6 0.210 0.295 9 4 4 0.140 0.213 10 2 2 0.07 0.103 11 0 0 0 0.0 Conclusion Countless materials can show straight flexible behavior, characterized through a direct stressstrain relationship, as seemed within the left figure as much as point three. The flexible behavior of materials quite often stretches out into a non-straight district, spoke to in the figure by point 2 (the "yield factor"), as much as which distortions are completely never-ending provide of the heap; that is, an example stacked flexibly in pressure will prolong, but will come back to its designated form and measurement when emptied. Past this flexible locale, for malleable substances, for instance, steel, disfigurements are plastic. A plastically distorted example does not totally come again to its targeted measurement and shape when emptied. For some applications, plastic twisting is unsatisfactory, and is utilized because the configuration limit. After the yield factor, malleable metals expertise a time of stress solidifying, in which the anxiousness increments once more with increasing pressure, and so they to neck, because the cross-sectional territory of the example diminishes on account that of plastic move. In an competently pliable material, when necking will get to be generous, it factors an inversion of the building stressstrain (bend A, correct figure); this is because of the designing anxiousness is ascertained expecting the first move-sectional range earlier than necking. Generally speaking, the looking at includes carrying somewhat outline with a settled pass-sectional extent, and after that pulling it with a tens meter at a consistent weight rate aside from the example breaks. On the moment that looking at some metals, house hardness relates straight with flexibility. This pivotal association takes into consideration fiscally key nondestructive looking at of mass steel movements with lightweight, even minimal equipment, for instance, hand held Rockwell hardness analyzers. This directly sensible relationship helps extraordinary accreditation in metalworking business dares to build well past the exploration office and comprehensive testing machines. It have got to be noticed that, whilst most steel structures, for illustration, sheet, bar, tube, and wire, can show the test UTS, strands, for instance, carbon filaments, being simply 2/10,000th of an inch in width, have to be made into composites to make necessary genuine structures. Because the datashee t on T1000G underneath indicates, at the same time the use of the fiber is excessive an inferred composite is 3,040MPa - no longer as so much as a large component to the pleasant of the fiber. References Hemanth, J. (2000). Action of chills on soundness and ultimate tensile strength (UTS) of aluminumquartz particulate composite. Journal of Alloys and Compounds, 296(1-2), pp.193-200. Hemanth, J. (2001). Effect of chilling on soundness and ultimate tensile strength (UTS) of aluminium alloy corundum particulate composite. Materials Design, 22(5), pp.375-382.