How the Macroeconomic Environment Affects Human Resource Essay Example for Free

How the Macroeconomic Environment Affects Human Resource Essay A microenvironment is simply a small environment within the operations of a business in which there are specialized features that make environment different from other business environments. In essence, it is the nearby and surrounding factors that affect and determine this environment. These factors affect the ability of the company in terms of service provision. As a matter of fact, it affects the supplies of the company, marketing strategies, marketing intermediaries, public relations and general company operations. Generally, a business microenvironment refers to the factors or elements within a particular organization and its immediate area of operations that in one way or another, has an effect on the performance of the company as well as the decision making processes of the company or business. CITATION Cal14 l 1033 (Monroe 2014)These elements are among the general public, since they form the bulk of the market, the channels of distribution among others. At the end of the day, this environment is of much importance to the success of a business. This paper gives an in-depth analysis of the microenvironments and macro environments of supermarkets as well as mobile companies thereby giving the empirical and theoretical relationships between the performance and of these business organizations as compared to their environments. The best strategy of analyzing the microenvironment of a business organization is through the SWOT technique in which one analyzes the Strengths, Weaknesses, Opportunities and Threats within the company. CITATION Sub07 l 1033 (Subrata Ghatak 2007)The Strengths of a Company greatly determine the success of business organizations. The strength of a business organization can be measured in terms of; technological advancements, economies of scale as well as the availability of resources. The technology of a mobile company determines the amount of their sales. For instance, high levels of technology for a mobile company would reduce the cost of production that a company incurs. Decrease in cost of production simply implies that the company makes super normal profits, that is, profits greater than zero. Technology therefore plays a very key role. Economies of Scale have the same effect as well. Economies of scale simply imply to the company’s or supermarket’s market base. Companies that enjoy economies of scale lower their cost of production, thereby increasing their profit margins. Resource availability is also equally important. As a matter of fact, the importance of availability of resources to any business organization can never be underestimated. Resource availability is could imply human, natural or financial resource. All these are the drivers of the business, both in a mobile company as well as for supermarkets. CIT ATION Arv l 1033 (Arvil Van Adams n.d.)The weaknesses within an organization also determine its level of performance to a very large extent. What matters at the end of the day is how the supermarket or mobile company in question addresses the weakness that it faces in terms of operation. The most common weaknesses in either of these two enterprises are in terms of the prices, globalization and marketing. For mobile companies for instance, it is very difficult to come up with price floors owing to the products they produce. Generally, mobile phones are relatively expensive. As such, they are not the easiest products to market. Globalization on the other hand, is important since it determines the market base and network of a business. Most mobile companies have done tremendously well in this particular area. CITATION Sub07 l 1033 (Subrata Ghatak 2007)Opportunities and Threats play a very crucial role in the microenvironment of a business organization. They either make or break the org anization. The opportunities of supermarkets and mobile companies most of the time come as a result of collaboration. For instance, supermarkets can collaborate with the companies that they sell their products. It is through such strategies that supermarkets can easily give their clients discounts and offers. Discounts and offers are simply marketing strategies in which business organizations attract their customers. Mobile companies, on the other hand, can take advantage of their opportunities through collaboration with other electronic companies. For instance, they could collaborate with network service providers and as such use this platform to market their products. It is very important therefore, for a company to take advantage of whatsoever opportunity that comes their way. CITATION Les12 l 1033 (Leslie Hamilton 2012)A threat is another factor that is prevalent in the microeconomic environment of a business. There are various forms of threats that can affect the performance of a business. Threats may result from social, political or economic sources. However, common threats that mobile companies and supermarkets face are in relation to risks and uncertainties. Risks and uncertainties face almost every business and they could be in terms of price fluctuations, the risk of a technology becoming obsolete, market variations and so on. Competition is another threat that mobile companies as well as supermarkets have to deal with. It is a challenge that also comes an opportunity. Competition encourages organizations to come up with more advanced forms of technology for instance of mobile companies. Supermarkets, on the other hand, experience a lot of competition due to the homogeneity of products. CITATION Les12 l 1033 (Leslie Hamilton 2012)The next part of the paper gives an insight on the macroeconomic market. This market environment deals with broader economic issues such as inflation, unemployment, national income and GDP. The Pestel model is the best analy sis to use so as to examine this economic environment. The Pestel assessment basically deals with the political environment, the environmental environment, the social, technological, economic and finally the legal environment that surrounds an organization. Basically, a macro environment defines the conditions that exist in the whole economy as opposed to particular sections or regions in the economy. As such, this environment follows up the trends in the GDP market, monetary policies, fiscal policies, level of spending as well as employment. CITATION Dee06 l 1033 (Deepashree 2006) The political environment generally deals with the political factors that affect the performance of a business. Political factors, more often than not, come with policies. The fiscal and monetary policies for instance, affect businesses to a great deal. This depends on whether they are expansionary or contractionary. The government of a country has control of most businesses. Another way through which pol itical factors affect businesses is through the political environment of a country, that is, whether the political temperatures are favorable for investment. Political instabilities in a country greatly discourage investment. This affects both mobile companies and supermarkets since it raises the question of globalization. With high political temperatures, it becomes very difficult to explore global markets. CITATION Arv l 1033 (Arvil Van Adams n.d.)The environment, on its own affects the performance of a business. The environment of a business is basically determined by the climatic conditions. The climate, or weather, in this case, will mostly affect a supermarket. As a matter of fact, there are goods whose demand rises with temperature. Such goods are among electronic fans. Supermarkets are bound to experience increase in sale of such product in the hot weather. On the other hand, there are other products such as umbrellas whose demand is bound to increase with the onset of cold weather. As such, though to a small extent, environmental factors play a role as factors in the macroeconomic environment. CITATION Sub07 l 1033 (Subrata Ghatak 2007)Social and cultural factors have a major effect as elements in the macroeconomic environment. This segment affects the performance of a business through the traditions, customs and beliefs of a society. It also deals with the issue of aging. Aging has an indirect effect on the demand and supply of a commodity. For the working population, when they age, they are paid handsomely in terms of pension. As a result, most of them might tend to spend more on luxury goods. This is how mobile companies get to benefit. The general consumption for this proportion of population increases and as such, this also affects supermarkets. The beliefs and attitudes of a population also determine the consumption pattern through tastes and preferences. CITATION Cal14 l 1033 (Monroe 2014)Technological factors affect the operations and performa nce of a business to a very large extent. Technology has a direct effect on production costs. This is because high levels of technology imply less production costs. The relationship between technology and consumption is quite simple. Technology is a major factor of production, both for mobile companies and supermarkets. There is low demand of human resource with high levels of technology. This makes production relatively cheaper. The total cost of production reduces as well. The end result of this is that the profit margin increases. Technology may also become obsolete and this has a negative impact on the performance of the business. CITATION Les12 l 1033 (Leslie Hamilton 2012)Economic factors are the other factors that are prevalent in the macro environment of a business. Under this umbrella lie major issues to do with inflation, unemployment, GDP, Per Capita Income and many others. These factors generally create an economic environment and have the same effect on mobile companies and supermarkets depending on their degree of severity. A highly inflated economy means that the general price level of goods be it in supermarkets or from mobile phone companies. As a result, such an economy does not encourage investment by either of the two enterprises. CITATION Dee06 l 1033 (Deepashree 2006)Legal factors; these are legislations that affect the performance of a business. The quota system, for instance, is a legislation that affects the amount of imports. Narrowing down to mobile companies, they are affected by government policies to a very great extent. This is because their transactions mainly involve importation and exportation of products. Most governments have extremely stringent laws and regulations. Governments are often very strict especially with the quality of goods they import. Moreover, with respect to supermarkets, governments may have very strict regulations with regard to importation so as to promote local industries. Such issues affect the performa nce of companies to a very great extent. Taxes, which are stipulated by the government, are other pieces of legislation that both mobile companies and supermarkets have to come to terms with. From the above analysis, we can conclude that both the macro environment and the microenvironment have on the performance of a business, both positively. CITATION Arv l 1033 (Arvil Van Adams n.d.) References l 1033 Arvil Van Adams, ‎Robert S. Goldfarb, ‎Terence Kelly. How the Macroeconomic Environment Affects Human Resource. n.d. Deepashree. Microeconomic and Macroeconomic Environment. Tata McGraw Hill Education, 2006. Leslie Hamilton, ‎Philip Webster. International Business Environment. Oxford University Press, 2012. Monroe, Calvin. An Analysis of the UK Mobile Environment. GRIN Verlag, 2014. Subrata Ghatak, ‎Nige Healey, ‎Peter Jackson. The Macroecoomic Environment. Oxford: Oxford University Press, 2007. Source document

Analysis and Treatment of Hunter S. Thompson for Substance Use Disorder

Hunter S. Thompson once said, â€Å"I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they’ve always worked for me.† There are no other words that would describe Dr. Thompson in a more accurate fashion. He lived his life like no other human being could ever imagine. He is arguably the most famous and creative writer to have lived, especially considering that he was the one who created the new style of writing that is referred to as â€Å"Gonzo† writing. He was the eye of a culture movement that left a significant impact on society’s perspective overall. Hunter was raised in a household that was below of average wealth; all while his friends were from the other side of town with considerable more wealth. His father passed away when he was at the age of 14, forcing his mother who was a heavy alcoholic to raise him and his brothers. His mother never had a grip on him allowing him to do as he pleased with no remorse. He was a child from hell that was continuously getting into mischief, whether it be vandalism, violence, pranks, theft, underage drinking, and just stirring up about anything he could. During his final days of being a senior in high school, he and two friends were arrested for theft. He was left in the jail system, while his two friends were released on the sole basis that they came from a family of wealth. He had the choice of staying in jail or joining the United States Air force, which he chose to serve his country. The one thing that Hunter really had a passion for was writing, in which he started at a young age and would continue to further develop his very own unique style of writing. His style of writing was non-traditional that went against every rule of journalism. It was a subjective form that ... ..., NSW: Centre for Parenting and Research Carter, G. & Gibney, A. (2008). Gonzo: The life and works of Dr. Hunter S. Thompson. United States: Mognolia Home Entertainment Studio. Higgins, C. (2013). Hunter S. Thompson’s daily routine. Mental_Floss, l. Hunter Stockton Thompson. (2013). The Biography Channel Website. Retreieved 6:39, Nov. 13, 2013. From Kring, M.A., Johnson, L.S., Davison, G., & Neale, J. (2012). Abnormal psychology. Danvers, MA: Wiley, John & Sons, Inc. Michael, S. (2010). The stress diathesis model of addiction. Psychneuro. Paulsen, O. & Moser, El. (1998). A model of hippocampal memory encoding and retrieval: GABAergic control of synaptic plasticity. Trends Neuroscience, 21, 273-278. Perkins, D. Lecture presented at Ball State University, Muncie, IN. (October 2013). Tucher, A. (2000). Thompson, Hunter S. American National Biography Online.

Lack of Nationalism and Patriotism of the Filipino Youth Today Essay

â€Å"Lack of Nationalism and Patriotism of the Filipino Youth Today† Nationalism and patriotism both show the relationship of an individual towards his or her nation. The two are often confused and frequently believed to mean the same thing. However, we have lost that sense of nationhood particularly among youth. It wasn’t long time ago when young people here, loved to die for their country. The evident reasons were patriotism and love in their souls for their motherland. But the situation is not so now. Nowadays, if you ask them to die for their country, believe it or not, they either will slap you or laugh out loud at you, thinking it as a frivolous roguery, you are trying to pull at them. Many wonder, if there is a foremost problem, then there must be a solution to it, education reformation, globalization awareness and westernization regulation. Modern education is a major influence for such a situation because the subsequent generation was never taught of patriotic acts and sacrifices of people for their country which resulted in lack of inspiration and moral education also wasn’t encouraged as it should have been. Young people were taught to be self-independent and to only ponder on their well-being. Movies and songs also stopped showing patriotism and partisanship and started making them believe in fantasies, driving them apart from veracity. These are the few reasons why the present generation is devoid of patriotism. I believe that the Department of Education should give also importance on how nationalism be engraved to Filipino youth. Globalization describes the processes by which economies, societies and cultures have become integrated through communication, transportation and technology. It is a new form of culture that knows no boundaries and is spreading globally which is quite alarming. Youth tends to be blind about the process of globalization in our country. For me, having knowledge about social culture is such a big count for patriotism. Westernization is a process whereby societies come under or adopt Western culture in areas such as industry, technology, law, politics, economics, lifestyle, diet, clothing, language, alphabet, religion, philosophy, and values. This particular process plays a big role in lack of nationalism of the Filipino youth today. Idolizing Korean-pop, adulating  imported products and simulating foreign fashions are the norms. In this case, parents and teachers or authorities must not tolerate those actions. They should be the first to encourage youth about nationalism and patriotism. The nation built by today’s youth will be the nation they pass along to their own children. If young people today wish their children to have an America of freedom, the young people of today must protect and defend that freedom by supporting our country’s greatness and working to make her ever better. The youth of today owe a debt to those of the past who sacrificed, worked hard, and even died to build us a free nation. To keep faith with those who have gone before and upon whose toil and sacrifice the nation was built, youth need to show patriotism. Through education reformation, globalization awareness and westernization regulation, nationalism and patriotism will not be lost among Filipino youth.

Miracles and Tragedies with Stem Cell Treatment Essay

Miracles and Tragedies with Stem Cell Treatment Abstract: This research paper will discuss about some life impacting cases from various sicknesses using stem cell treatments. It will cover a case in which have given people another chance to live a normal life. In one of the cases, the stem cell treatment has been able to cure a fatal genetic disease called RDEB for two young brothers. The second will show that after autologous stem cell transplantation a woman had died two days after. A stem cell is a cell that can go on to become, basically, a different cell. What this means is that a stem cell isn’t programmed specifically to a job in the body, so with that the stem cell could be used to cure a sickness or a disease. Using the†¦show more content†¦The children’s skin is so astonishingly fragile that with minimal friction, tearing and blistering can occur, consequently leading to painful wounds and scarring. (Thomas H. MaughII page 1) Since solid food provides erosion of the esophagus. Nate has been forced to eat pureed food But death most likely comes from malnutrition, infections, or aggressive skin cancer. The only treatment has been to keep the sick children wrapped in bandages to protect and hold the skin preventing fatal complications. (Josephine Marcotty page 2, Thomas H. Maugh II page 1)Until now, Dr. Angela M. Christiano of Columbia University Medical Center developed an idea of using circulating stem cells to treat the disease in mice. ( Thomas H. Maugh II page 1) Along with Dr. John Wagner and Dr. Jakub Tolar a blood specialist at the University of Columbia helped Nate get the cells he needed in a full transplant using cord blood and bone marrow.(Josephine Marcotty page 2) This is the first time that cells from a bone marrow and cord blood had been used to treat the disease or condition that does not involve blood. 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