Capitalism and Socialism Assignment Example | Topics and Well Written Essays - 1750 words

Capitalism and Socialism - Assignment Example Brooking institutions researched and found out that income inequality in the year 2013 was rising to alarming rates and negatively affected the US social mobility (Nilufer 21-2). For about 30 years now the income disparity has been notably growing this is after some statics have been carried out. The richest that is 1% of the Americans have so much wealth as compared to the greatest of the poor that’s about 90%.this disparity is increasing now for about 25 years down the line (Ebenstein 12). This has not only affected the United States but nations around the world.Some of the reasons and evidences are discussed below. Education has to a great extent contributed to this income disparity, payment for the educated has been increasing since 1969 in every economic sector. This is because in America less skilled personnel are being dismissed from work because of high competition between businesses and also when businesses adopt new technologies the uneducated have no place which can suit them for they lack the required skills and knowledge. This creates a big gap between the poor and the rich. Class struggle has been one of the major reasons for the worsening of incomeinequality, the gap between the poor and the rich has been widening over the last three decades. ... In 2007 it rose to 24% but for the three decades it fell to 10%. A new system of taxation, unions being strengthened and moderation of the National Labour Board made the income of the low earners and those working to upgrade by reducing that of the highest earners, this policy lasted only for about three decades. In 2009 the income of middle class totaled to $49777 this is according to data collected during census, it then reduced by 4.2% in the years 2007 and 2009 (Ebenstein 29). Neoliberalism advocates that capital and labour which are some of the factors of production should receive payments which are worthwhile. Americans Keynesians support the neoliberal which states that one should be paid what they are worth. This has caused a lot of disparities in income distribution since people work at different rates and have different abilities hence giving out different results in their performances; this automatically leads to income inequality. Outsourcing can be defined as the process where a company works together with an outside company on contractual basis; this is preferred due to the low cost advantages. Most of the US companies have been out sourcing their products and hence gaining comparative advantages. A greater percentage of the investors in US have also engaged in businesses outside their country this has made them earn more than their fellow investors hence the reasons for the income inequalities (Ebenstein 71). Finally, the communal ideology has a role in the economic systems with respect to resource distribution. Ideology can mean beliefs, visions, objectives that can be set by a group of individual or an individual either

Strategic planning and control Assignment Example | Topics and Well Written Essays - 2000 words - 1

Strategic planning and control - Assignment Example Secondly, you need to realise how to purchases technology and design license. Finally, you must understand how to compare the results between our team and other teams, how to post the final decisions to the CESIM as well. After listening to the teachers explanations, I began to find a way to use CESIM. At the same time, I started to write down some notes about the steps to use the CESIM. After this lecture, I had a preliminary understanding on CESIM. I had a simple plan about how I should do in the first round in the game as well. Combined with the teacher said and I learned before, I thought the most important thing were to increase the production and adjusted the price to the appropriate areas. Although this game is virtualï ¼Å'on the one hand, it helped to practice our skills to use a suitable strategy and control our company. On the other hand, let us know much more about the accounting knowledge, for example we had known the relationship between the demand and supply through the game. The teacher explored growth strategies for businesses, focusing on what a business can do when a market has reached the maturity stage, in order to stay competitive. I learned about the different models that can be used in order to understand what factors would pose risks or opportunities for a business operating in a mature market. At first, the teacher proposed the TOWS Matrix which seemed to be a very simplistic method of examining the firm’s position. I assumed that a competent strategic manager would already understand the firm’s basic competencies and infrastructure without having to conduct such an analysis. However, to build better acceptance of this model, I tried applying it to a real-world organisation, Sony, which was struggling against competition in such a market. Through building a thorough TOWS Matrix for this company, I discovered some issues that I would not have originally considered. I conducted small-scale marketing