Thursday, February 27, 2020

Should the Unemployed be required to do voluntary work Research Paper

Should the Unemployed be required to do voluntary work - Research Paper Example The rise of capitalism has also brought about tremendous hordes of people who are unemployed. For whatever reasons, these people cannot cope or cannot find the jobs they want with the skills they have. The global economy has undergone big changes due to this globalization trend in that the world has become â€Å"flatter† (or more flat), in the words of some economists. The world is now flatter because not only do people compete for jobs with other people within the same country but also vie for jobs with the people of other countries with cheaper cost of labor or some other competitive advantage. This has been shown by the phenomenon of outsourcing whereby jobs are â€Å"exported† to countries in Asia, the Middle East and other parts of the world where it makes more economic and financial sense to do so. The earlier method was contracting, then it became sub-contracting, near-shoring, off-shoring and then finally, outsourcing. Business leaders had welcomed this development but to the detriment of organized labor which had seen its union ranks dwindle with the loss of jobs. People opt to moderate their wage demands in view of this outsourcing threat. A consequence of this phenomenon is that millions are now jobless. Capitalist economic theory posits that unemployment will always be present despite all the best efforts of business leaders and politicians because it is nearly impossible to eradicate. In other words, full employment is a pipe dream (a near impossibility) but the collapse of the U.S. sub-prime mortgage market has greatly contributed to swelling the ranks of the unemployed. It destroyed the American middle class and the American Dream because well-paying jobs that had survived the outsourcing phenomenon were likewise wiped out. A prolonged and severe economic downturn made matters worse for most people. The economists have called this the Great Recession (in contrast

Monday, February 10, 2020

Small Business Enterprise Assignment Example | Topics and Well Written Essays - 2750 words

Small Business Enterprise - Assignment Example around 54 employees but has been voted by the Sunday times as the top ranked till managed to in its own respect. It is a small private firm that is based in London and has been established in the year 2009 (Best Companies, 2013). It is a great matter of pride for the company as the staff turnover is quite less. Moreover, the company is seen to employ young candidates who are of the age of 29 on an average. Considering all of these aspects, it can be said that small businesses if properly managed can lead to smooth flow of the business activities. In this respect, another small business i.e. TPP SystmOne which is specialized in delivering internet services to the consumers’ (Goundrey-Smith, 2012). TPP has been considered to be the best company for a fourth time pertaining to the review of the Sunday Times. Moreover, the company has also been bestowed with a special award as the best improver in the division of internet services. Moreover, it has been ascertained that the compan y has been heading towards the roadway of success. 1.1 Strengths/Weaknesses of the two companies In relation to Strengths/Weaknesses of Cloudreach, it can be said that the company operating with such a small number of employees and getting recognized at a larger scale is one of the major strengths of the company (Cloudreach, 2013). Another aspect that represents the strengths of the company is that it has been able to grab the top position for the cloud computing services that it renders to its customers’. Moreover, the company is responsible for providing a wide array of services namely: migration services, services relating to application development, managed services and consultancy services among others. The aforementioned services being rendered by the company reflects about its accelerated strengths irrespective of its size. In keeping up with the fact about the company’s strength, it assists in maintaining sustainability within the competitive market scenario. H owever, the small size and less employee turnover can be considered as the weakness of the Company i.e. Cloudreach. In relation to the aspects associated with this factor, it can be said that if the company plans for following expansion strategies in the near future then its small size may prove to be a hindrance in its growth (Cloudreach, 2013). On the other hand, the company i.e. TPP SystmOne endures certain major strengths that will enable the company to be in a much favourable position in near future. The company is mainly responsible for developing high end software that delivers fruitful sources of information to numerous health professionals around the world. This factor adds up to the strengths of the company to a greater extent (TPP SystmOne, 2013). The major weakness of the company can be considered as the small size. This factor can prove to be quite disadvantageous for the company if it goes for an expansion in diversified field worldwide. Furthermore, the company is spe cialized in the field of medicines and provides useful information pertaining to the best use of medicines. It does not reflect much diversity in its services which can prove to be a major weakness for the company (Beisse,