The Attainability of the American Dream - 1560 Words

Thesis: Some might say that the American Dream is not attainable because it takes hard work and risk to get there, however motivation to become successful, love for and from family members and the ability to recreate yourself makes the American Dream very much attainable for anyone. I. Motivation to become successful A. Franklin proved that the American Dream was not clichà ©; it just took time and effort to succeed. 1. Ben also explains in his autobiography that this dream can be accomplished by extraordinary goals, these goals push you. They push you to achieve the dream. a. Franklin had a goal to not become like his family, he wanted to be someone new and better. 2. Every person had different views on what the American dream meant to him or her. a. The clichà © dream was said and thought to be the rise from rags to riches without any effort. b. The truth was the rise of a hero is by a sudden stroke of good fortune or by making heroic acts of courage. c. Franklin believed the major part of it was not to gloat when you were wealthy but to focus on your public business not private wealth. He would indirectly gloat about his financial success. B. Many parents migrate from their home countries to come to the United States to find better money and seek higher wages at jobs. 1. Job opportunities was the biggest part of coming to the United States for immigrants, they wanted the American life that could never come true back home. a. â€Å"An estimated 48,000Show MoreRelatedThe Great Gatsby By F. Scott Fitzgerald1287 Words   |  6 Pagesprosperity was built. As the moral foundations of American society begin to decay, so do the foundations of the American Dream itself. By having characters from all social classes share a common sentiment of discontent, Fitzgerald suggests that instead of having a common American Dream, society only has a common discontent. Seeking ways to quench such insatiable desires will ultimately lead to moral depravity, suggesting that the roots of the American Dream have also deteriorated to only just a lie. ThroughoutRead MoreNickel And Dimed, By Barbara Ehrenreich1636 Words   |  7 PagesThe concept of the American Dream has borne change since its conception in 1776, with the Declaration of Independence referencing men’s unalienable rights of life, liberty, and the pursuit of happiness. Its definition to the American people and its attainability is conditional upon the period it is prevalent in. In general, the American Dream refers to the idea that every American has the equality, freedom, and opportunity to strive. Many classic pieces of American Literature highlight this conceptRead MoreThe Great Gatsby By F. Scott Fitzgerald893 Words   |  4 Pageshis dream in the midst of the prohibition. The story is told from the perspective of the narrator, Nick Carraway. Nick recounts the summer he spent with Gatsby as Gatsby tries to attain the American Dream, which he has personified in his past love, Daisy Buchanan. Fitzgerald presents two contrasting responses to the American D ream through his characterization of Nick as cynical and Gatsby as hopeful. Nick’s cynical response to Gatsby’s meeting with Daisy shows Nick’s response to the American dreamRead MoreAnalysis Of Barbara Ehrenreich s Nickel And Dimed1337 Words   |  6 PagesAchieving the American Dream Living in America is said to provide an opportunity to anyone who works hard and strives for prosperity. Despite this saying, many people still reside in the lower-class after years of working laborious jobs. Indeed, some people have miraculously found their way out of the gutters on the system, but most people happen to not be as lucky. Through experience, author Barbara Ehrenreich finds that the social divide in America makes the American Dream much more difficultRead MoreThe American Dream By Dan Kadlec1344 Words   |  6 PagesThe American Dream is steadily changing as time goes on and some say this is a bad thing. As different generations come about the dream changes with the people. As stated by Dan Kadlec in the article â€Å"Millennials Put Their Surprising Stamp on the American Dream† the American dream is now seen as having control over your daily life. Today s generation has seen some of the main aspects of the original American Dream fail greatly so they have ma de up a new dream. With the things Millennials have seenRead MoreThe American Dream is Built on Family Bonds Essay1305 Words   |  6 Pages The American Dream is a concept that is essentially older than the United States, dating back to the seventeenth century. It was then when people began to come up with hopes and aspirations for the newly discovered, unexplored continent. The â€Å"American Dream† is in essence the idea in that puts forward the notion that all people can succeed through hard work, that all people have the right to the pursuit of happiness, and be successful. The definition of the American Dream has been expanded uponRead MoreThe Great Gatsby By F. Scott Fitzgerald1524 Words   |  7 Pages Though many generations have defined the American Dream as obtaining economic success and prosperity, for many people, economic security is rather something that corrupts the mind and leads to the degradation of one’s soul. The Great Gatsby, Her Kind, and Frien ds all depict people of different backgrounds that are deeply affected by the culture of their upbringing. They support the idea that the American Dream is ultimately not about wealth, rather it is about seizing opportunities and the freedomRead MoreGreat Gatsby - the Green Light1560 Words   |  7 PagesThe Great Gatsby by F. Scott Fitzgerald deals on one level with Jay Gatsby’s hopes and dreams, but on a deeper level also deals with the Great American Dream. The novel starts and ends with a reference to the green light at the end of the dock, indicating an important symbolism. The first time Nick catches sight of Jay Gatsby, Gatsby â€Å"stretched his arms towards the dark water [†¦] [Nick] distinguished nothing except a single green light [†¦] that might have been at the end of a dock.† (Fitzgerald 2000:25)Read MoreGreat Gatsby - the Green Light1554 Words   |  7 PagesThe Great Gatsby by F. Scott Fitzgerald deals on one level with Jay Gatsby’s h opes and dreams, but on a deeper level also deals with the Great American Dream. The novel starts and ends with a reference to the green light at the end of the dock, indicating an important symbolism. The first time Nick catches sight of Jay Gatsby, Gatsby â€Å"stretched his arms towards the dark water [†¦] [Nick] distinguished nothing except a single green light [†¦] that might have been at the end of a dock.† (Fitzgerald 2000:25)Read MoreThe Principles Of The American Constitution1720 Words   |  7 PagesThe principles of the American constitution base it’s ideals on Judeo-Christian beliefs and morals. Laws against murder, adultery, theft and practices deemed â€Å"unholy† were instituted with belief these guidelines and restrictions would create a stable but more importantly, prosperous nation economically and socially. However, nearing the 1920’s these rules were challenged in their purity and importance which lead many to question the d octrine of the ideal lifestyle those involved in religious practice

Operation Magement Free Essays

PROBLEMS 1. Lead time for one of Montegut Manufacturing’s fastest moving products is 4 days. Demand during this period averages 100 units per day. We will write a custom essay sample on Operation Magement or any similar topic only for you Order Now What would be an appropriate re-order point? Re-order point = demand during lead time = 100 units/day * 4 days = 400 units. 2. Montegut Manufacturing produces a product for which the annual demand is 10,000 units. Production averages 100 per day, while demand is 40 per day. Holding costs are $1. 00 per unit per year; set-up costs $200. 00. If they wish to produce this product in economic batches, what size batch should be used? What is the maximum inventory level? How many order cycles are there per year? How much does management of this good in inventory cost the firm each year? This problem requires economic order quantity, noninstantaneous delivery. [pic]or 1826 units. The maximum inventory level is [pic]or 1095 units. There are approximately [pic] cycles per year. Annual inventory management costs total [pic]= $2,190. 89 or $2,191. 3. Central University uses $123,000 of a particular toner cartridge for laser printers in the student computer labs each year. The purchasing director of the university estimates the ordering cost at $45 and thinks that the university can hold this type of inventory at an annual storage cost of 22% of the purchase price. How many months’ supply should the purchasing director order at one time to minimize the total annual cost of purchasing and carrying? First, calculate the EOQ from the data provided. In this problem, the â€Å"units† are dollars, and the â€Å"price† of each is 1. [pic] One month’s usage is 123000/12 = $10,250. EOQ = 7094. Month’s usage = 7094/10250 = 0. 9, or about three week’s usage. (This is supported by the order frequency of 17 per year). 4. The soft goods department of a large department store sells 175 units per month of a certain large bath towel. The unit cost of a towel to the store is $2. 50 and the cost of placing an order has been estimated to be $12. 00. The store uses an inventory carrying charge of 27% per year. Determine the optimal order quantity, order frequency, and the annual cost of inventory management. If, through automation of the purchasing process, the ordering cost can be cut to $4. 0, what will be the new economic order quantity, order frequency, and annual inventory management cost? Explain these results. Annual demand is 175 x 12 = 2100. At S=$12, the EOQ is 273 units, and there are about 8 orders per year. Annual costs of inventory management are $184. 44. These results are detailed in the calculations below. [pic]; [pic] [pic] At S=$4, EOQ falls to 158, and order frequency rises to 13. Annual inventory management costs fall to $106. 48. The lower order cost encourages smaller, more frequent orders. pic]; [pic] [pic] 5. A printing company estimates that it will require 1,000 reams of a certain type of paper in a given period. The cost of carrying one unit in inventory for that period is 50 cents. The company buys the paper from a wholesaler in the same town, sending its own truck to pick up the orders at a fixed cost of $20. 00 per trip. Treating this cost as the order cost, what is the optimum number of reams to buy at one time? How many times should lots of this size be bought during this period? What is the minimum cost of maintaining inventory on this item for the period? Of this total cost, how much is carrying cost and how much is ordering cost? This is an EOQ problem, even though the time period is not a year. All that is required is that the demand value and the carrying cost share the same time reference. This will require approximately 3. 5 orders per period. Setup costs and carrying costs are each $70. 71, and the annual total is $141. 42. [pic]; [pic] Carrying cost =[pic]; setup cost = [pic] How to cite Operation Magement, Essay examples

Actions Taken By Senior Management Australis Financial Planning

Question: Verification Actions Taken By Senior Management Australis Financial Planning? Answer: Introducation: The senior management of Terra Australis Financial Planning Limited (TAFP) failed to display professionalism in their actions and behaviors throughout this saga. They, for example, ignored the concern forwarded to them by Joe Bloe about Donald (Don) Vanvo. Bloes Financial Planning Manager disregarded the issue because Don was a top earner with a total of 13000 clients. This, therefore, gave him immunity from the top management even though the Australian Securities and Investment Commission (ASIC) had a classified Don as one of the. The sales driven strategy employed by the top management was also a bad culture that they were nurturing as the employee's main focus was always their volume of sales and not how they made the sales or their levels of customer satisfaction. Reinstatement of Don one month after his dismissal was also a mistake the top management did. Furthermore, the senior management went as far as promoting him to a Senior Financial Planner apart from covering up for Dons wrongdoings that had made clients very frustrated. These inactions were not only uncouth but also very risky. They made the situation worse and worse over time as the harm done by the 38 critical risk employees grew bigger and bigger. Reinstatement of Don to an even superior position surely drove a message to other employees that in TAFP, one can freely engage in fraudulent acts and even get rewarded if you are too good at it. Senior management also formed an arrangement with the legal department to stop various documents from being obtained in the likely occurrence of a client lawsuit. If I were in Sam Venus' position, I would ensure that all the fraudulent financial planners were repaid all the cash they amerced before firing them. I would also reconstitute the senior management of TAFP as they had failed to perform their jobs diligently. To avoid a similar occurrence of the crisis in future, I would establish a strong and efficient whistleblower protection policy to ensure employees have a channel to air their issues concerning misconducts at the workplace. TABs Remuneration Plan Incentives such as bonuses formed more than half of the total annual remuneration of financial planners at Terra Australis Bank (TAB). The riskier the investment portfolio one got from their clients, the higher the commission one got. This culture and the sales-driven one greatly influenced the actions and behaviors of employees at TAB. The short-term remuneration incentive pressurized the employees to focus on getting bonuses by hand or crook. The unforgiving sale-targets intended to motivate employees to make sales was too harsh and inconsiderate of the extent it would push employees to. The dishonest means employed by the workers such as Don were the beginning of the company's downfall. To minimize agency conflicts, I would make sure the company adopts favorable cultures. I would first ensure that they are paid well, therefore, motivating them always to give their best in their jobs. I would also encourage employees to always put customer satisfaction first above all things as compared to a sales-driven scheme of TAB. Also, I would also ensure the top management employees are well trained on management skills so that instead of setting unforgiving sales targets to realize sales, they would adopt better methods. For example, planning interactive workshops between different branches to exchange ideas, adequately motivated employees would, without any doubt, prioritize satisfaction of employees any not allow themselves to be driven by personal selfish interests. This would, in turn, lead to a steady growth of the company as clients receiving the best quality services become loyal to the company. Actions Taken By ASIC The Australian Securities and Investment Commission (ASIC) issued a warning to TAFP in February 2008. This regulatory body highlighted that 38 of TAFPs financial planners had been categorized as a critical risk as a result of their failure to comply with advice protocols related to financial planning. On October 30, 2008, Boe and two of his long-serving colleagues sent a report to ASIC relaying the acute necessity of looking into Dons actions. This was after realizing that the management was in no way going to resolve the issue. ASIC seemed not to take any actions to get evidence from TAFP months later in-spite of the forewarning by The Three Musketeers that customers records were being cleaned. Additionally, ASIC failed to provide adequate whistleblower protection policy and went forth to blow the covers of Bloe and his two colleagues. According to Bloe, many people in the finance industry agree that ASIC is not a regulator that can be trusted. ASIC finally took action against TAFP by ordering them to submit client files going through investigations within two weeks. It also required TAB to come up with a compensation scheme placate customers who had been affected. As per the case study, it is hard to establish difficulties that ASIC might have faced during its investigations. However, I tend to think it was just negligence. Role of the Media in Promoting Good Governance The media plays a very big role in the promotion of good governance. As the Fourth Estate, it has a societal role of being the voice of the voiceless. That is, the media acts as a watchdog to all institutions and is expected to unearth any malpractices that affect the public in one way or another, (Van Hoorn, 2014). However, there are various factors that limit its effectiveness such as corruption, interference by the government, media house policies, conflict of interest and sensationalism, (Ali, 2014). Corrupt journalists engage in what is commonly known as brown envelope journalism' from subjects whose wrongdoings have been unearthed. They accept to take money so as not to let the public know these inactions. In so doing, they promote the continuity of bad governance. The government may restrict the freedom of the media in case it perceives that it is going too far than it wishes in bringing to light the inadequacy of the government, (Stewart, 2010). Media House policies are determined by many factors such as advertisers and shareholders. For example, if TBA were an advertiser earning Gotham Investor the highest amount of revenue, there would be a high likelihood that the story forwarded to Clarke Kent by The Three Musketeers.' In this advanced technological era, social media is capable of playing an enormous role in promoting good governance. By sharing information on their rights as consumers and employees, employers have no choice but to become accountable for their governance, (Otley, 2009). The growing number of active users on social media means that a whistleblower does not necessarily have taken issues to mainstream media. They can just share the information concerning the issue with the public on social media, therefore, creating a public debate that will ultimately promote good governance, (Meijer, 2009). Importance of a Good Whistleblower Policy Most, if not all, organizations yearn for integrity amongst and from its employees. The existence of integrity promotes devotion to the company's goals, missions, and visions. A whistleblowing culture encourages transparency, and effective communication, However, employees are many at times unwilling to report suspected malpractice due to the fear of victimization from those engaged in the misdoing, (Nayoni, 2011). This, in turn, hampers organizations from uncovering misconduct in the workplace. A safe route should, therefore, be established where employees can register grievances and issues of malpractice within the company, (Taylor, 2010). Such whistleblower protection policies promote early reporting as well as enabling early discovery of misconduct consequently lessening the potential loss. Besides, external complaints made by employees will be less likely. I dont think the regulator had a sufficient and reliable whistleblower policy that prompted Bloe to gather all the evidence he needed against Dons misconduct before submitting a report to ASIC. The formation of an efficient and independent protection policy would go a long way in encouraging employees who are aware of malpractices in a company to move the issue forward rather than being silent, (Van den Berghe, 2014). Challenges Faced By Tab Big companies have various challenges in promoting good governance, ethical behavior or compliance throughout its branches as opposed to small companies, (Wredge, 2008). They, for example, have the task to cultivate a culture that is going to be adopted by all employees of the company since they all share the company's goals, missions, and vision, (Tsutsui, 2013). Therefore, failure of one branch/department leads to the failure of the whole company. In case the CEO does not have efficient senior management teams, there is a high likelihood crisis occurring more than often since the managers are the ones who are more in touch with the employees as compared to the CEO. Managers in such organizations also have a lot of freedom that is not healthy corporate-wise, (Wu, 2009). They can, therefore, do whatever they want without being questioned most of the times. A lot of bureaucracies also act as a hindrance in the achievement of compliance, good ethical behaviors of employees and good gov ernance. References Ali, S...K.M., 2014. Business Ethics and Culture. Society and Culture, 2, pp.116-27. Meijer, m., 2009. Understanding modern transparency. International Review of Administrative Sciences, 75(2), pp.255-69. Nayoni, K., 2011. Corporate culture. [Online] Available at: https://knowledge.wpcarey.asu.edu/article.cfm?aid=31 [Accessed 5 May 2017]. Otley, D., 2009. Performance management. Management accounting research, 10(4), pp.363-82. Stewart, C.a.J., 2010. Corporate governance and company performance in Australia. Australian Accounting Review, 20(4), pp.372-86. Taylor, B., 2010. What is Organizational Culture? And Why Should We Care? [Online] Available at: https://blogs.hbr.org/2013/05/what-is-organizational-culture/ [Accessed 27 April 2017]. Tsutsui, Y...Y.K., 2013. Using cultural models for changing corporate culture. [Online] Available at https://www.changefactory.com.au/articles/change-management/using-cultural-models-for-changing-corporate-culture/. Van den Berghe, L.A.a.L., 2014. Corporate Governance: Role of the Media. Corporate Governance: an International review, 12(4), pp.461-78. Van Hoorn, J..N.P.M..S.B.a.A.K.R.., 2014. Whistleblower Protection. Pearson Higher Ed. Wredge, C.D.a.S.A.M., 2008. Corporate management. Academy of Management Review, 32(4), pp.736-49. Wu, D.D.a.O.D.L., 2009. Enterprise risk management. Production Planning and Control, 20(4), pp.362-69.

Structure and Management

Introduction Organizational structure is the hierarchical model of operation, based on subdividing the entire organization into functional units that are mutually dependent.Advertising We will write a custom essay sample on Structure and Management specifically for you for only $16.05 $11/page Learn More There are two types of structures: the traditional structure (the functional structure, the line structure), and the division structure (market structure, product structure and geographical structure). For our online second-hand book store, we decided to use the functional structure which entails classifying the groups of people according to the functions they perform and their skill sets (Miles, 2003). The structure The functional structure includes the president, the sales and marketing department, customer care division, accounting, procurement and administration. The business will include three founders and fifteen other staff members. The founders w ill hold key positions in the business, including the presidency, accounts and administration. The president will be the overall overseer of the company, making important decisions and he is the final authority in the company. The position can, however, be switched amongst the three founders if they so desire. However, it mainly falls on the person who came up with the original business idea. The accounts department shall be held by a professional accountant, thereby controlling the financial aspects of the business that means all the revenues and expenditures.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The procurement department will mainly deal with the acquisition of the books from the different sources buying them off from other students who have finished their courses, online sources and book stores, and also cataloguing them if and when they are procured. The sales and marketing department will use advertising and other resources to ensure that the business target of selling large amounts of books is reached. Key to achieving this goal is to use our website and other social sites to capture the intended audiences. The administration department will perform the function of staffing and assessing the growth and development of the business, hiring and dismissing. This will ensure that all the departments perform their duties as required. Every company requires a public relations department that deals with any enquiries, suggestions and complains from the customers. Below is a chart showing the organizational structure of our business. Organizational structure chart For the company to perform, the individuals should be professionals in whichever department they hold. They should be able to work independent of each other but accomplishing the tasks set out for them. The marketing and sales department should have the bulk of the staff, consisting of professional marketers with a convincing business marketing and sales skills.Advertising We will write a custom essay sample on Structure and Management specifically for you for only $16.05 $11/page Learn More They should be able to come up with marketing and sales designs that will attract the customers to the online store. The business largely depends on this department for success. The procurement team has professionals who understand the customers’ needs and get the right books at the right time. This is the department that equalizes the supply and demand of the customers. Skill gap Management A start up business has numerous challenges at the beginning, but the management should come up with ways of dealing with the situations as they arise. Most important is the communication issue (Galbraith, 2001). There should be clear channels of communication all way from the bottom to the top. As a small business, the company may not be able to employ a large sta ff, so it is important for the existing staff to be versatile and able to switch departments easily. References Galbraith, J 2001, Designing your organization: An executive guide to strategy, structure and process, John Wiley Sons Inc, Denver. Miles, R 2003, Organizational strategy, structure and process, Stanford University Press, Stanford. This essay on Structure and Management was written and submitted by user Barbara Berry to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.