Milton Friedm The Limitations Of The Market - 2139 Words

In contrast with Galbraith, Milton Friedman never appreciated the limitations of the market, he was a forceful critic of government. He takes as a starting point Adam Smith’s skepticism, but he is much more toward the relationship between morality and capitalism. He launched a point of view which later generated controversy. He asserts that only people have responsibility. A corporation is an artificial person and in this sense may have artificial responsibility, but business as a whole cannot be said to have responsibilities. The only responsibility of companies is to get involved in economic activities designed to make profit, any expense incurred for social and moral reason affecting this fundamental goal, such as any extra expense to support some communities or to protect and restore the environment, will result in decreasing the profitability and, in the end, everyone will have something to lose. The member of a corporation, their position such as a stakeholder can undert ake moral responsibilities, but as individual, not as representatives of the corporation. According to Friedman, there must not be any connection between business and ethic is that a corporation is a legal entity, not a person, and morality is a distinct attribute, belonging to human being. Thus, he stated that moral criteria have no place in the economy, especially in capitalism; economy and business are in the horizon of amorality and it is there that they should remain. To me, I do not completely

Human Resources Management - 150900 Words

CHAPTER 1 Changing Nature of Human Resource Management After you have read this chapter, you should be able to: ââ€"  Identify four major HR challenges currently facing organizations and managers. List and define each of the seven major categories of HR activities. Identify the three different roles of HR management. Discuss the three dimensions associated with HR management as a strategic business contributor. Explain why HR professionals and operating managers must view HR management as an interface. Discuss why ethical issues and professionalism affect HR management as a career field. ââ€"  ââ€"  ââ€"  ââ€"  ââ€"  3 HR TRANSITIONS HR Management Contributes to Organizational Success More effective management of human resources†¦show more content†¦Executives believe that their emphasis on HR activities has contributed significantly to the Bank of Montreal’s achieving period profits for seven years in a row. In summary, it is evident that the transition of HR management at GE Fanuc and at Bank of Montreal has enhanced organizational competitiveness and success.1 4 Section 1 HR Management—Strategies and Environment â€Å" HR should be defined not by what it does, but by what it delivers. DAVID ULRICH Human Resource (HR) management The design of formal systems in an organization to ensure the effective and efficient use of human talent to accomplish the organizational goals. As human resources have become viewed as more critical to organizational success, many organizations have realized that it is the people in an organization that can provide a competitive advantage.2 Throughout the book it will be emphasized that the people as human resources contribute to and affect the competitive success of the organization. Human Resource (HR) management deals with the design of formal systems in an organization to ensure the effective and efficient use of human talent to accomplish organizational goals. In an organization, the management of human resources means that they must be recruited, compensated, trained, and developed. † HR Management Challenges The environment faced by HR management is a challenging one; changes are occurring rapidly across a wide range ofShow MoreRelatedHuman Resources Management : Human Resource Management1140 Words   |  5 Pagesa business efficiently? Human Resource Management (HRM). Human Resources is the solid foundation that practically oversees the entire organization, whether its managing employees to surveilling the progress of every single department. There are six principle functions that Human Resource take into account: employee relations, recruitment, compliance, compensation and benefits, training and development, and safety (policies/regulations). Over time Human Resource Management has taken a new role intoRead MoreHuman Resources Management And Human Resource Management2123 Words   |  9 PagesIntroduction The study of human resource management becomes a major topic of the science of management at the beginning of 20th century and keeps attracting researchers’ attention (Merkle, 1980). The new models of human resource management derive from the advance of management theories and the accumulation of practices and experiences. With the development of global economy, the economic situation of each country deeply affects the world and becomes closely connected. In addition, the needs of customersRead MoreHuman Resources Management : Human Resource Management1138 Words   |  5 PagesHuman Resources Management Hilti continues to grasp on success and expand globally, but their path weren’t always well defined. The company began in 1941 and historically they’ve kept to traditional strategies when it came to recognizing human resource requirements. In the early 2000’s, the company established a new set initiatives, aimed at doubling revenue and operating profits. Hilti also recognized that this type of growth would require invigorating ideas to employ human resourcing requirementsRead MoreHuman Resource Management And Human Resources Management941 Words   |  4 PagesHuman Resources Management is one of the most important aspects of any organization, whether it be non-profit, not for profit, or profit. Human Resources Management is what makes it possible for a manager to be able to focus on their work and tasks at hand and not have to deal with lots of unneeded interpersonal activities. They are in charge of correctly evaluating the candidates that the managers will have to work with for the duration of the candidate’s stay. They are responsible for makingRead MoreHuman Resources Management : Human Resource Management835 Words   |  4 PagesHuman Resource Management â€Å"They humanize the brand and help workforce communities thrive† (Who). A human resource management position may be the job for you. Every business and enterprise has a human resource manager, including Starbucks, Disney and even Apple. This job includes planning and coordination, organization, consulting employees and to oversee the work and employees. All the schooling and stress that comes along with this occupation pays off in the end with an enjoyable job. HumanRead MoreHuman Resources Management : Human Resource Management1398 Words   |  6 Pages Human Resource Management Overview Tanya Phillips Dr. Andrea Scott, PhD HSA 320, Strayer University October 31, 2016 Human Resources Management Overview Human resources (HR) is the different kinds of clinical and nonclinical responsibilities for public and individual health involvement. The benefits and performance the system can deliver depends upon the knowledge, skills and motivation of those responsible for providing health services. Human resource managers don’t directlyRead MoreHuman Resources Management : Human Resource Management2534 Words   |  11 PagesIn most cases managers look at human resource management as an expense to a company rather than a source of benefit to the company however, research has proved that human resource management practices can be of greater value. Valuable decisions such as whom to recruit, what package to offer, the training necessary for the new recruits and how to assess employee performance directly affects the employee motivation and as such do affect the ability of the employee to provide products which the consumersRead MoreHuman Resources Management : Human Resource Management95 8 Words   |  4 PagesHuman Resource Management Overview As we all know when it comes to every business and organization that is out there, they all need help from Human Resources to continue to help the company grow. What is human resource management? Well Human Resource Management is the overall process that deals with how Human Resources manages their employees as well as different issues that can come across within the organization. Human Resource Management are in charge of different tasks including recruiting asRead MoreHuman Resources Management : Human Resource Management820 Words   |  4 PagesHuman Resources Management Proper Planning is one of the most important aspects of human resource management. Without proper execution of plans, the particular needs of an organization that are the responsibility of human resources will not be reached, and therefore, will fall short of what is necessary for meeting the goals of an organization (DeCenzo, Robbins Verhulst 2013).There are many facets a human resource manager must be familiar with in order to run an organization. The functions of humanRead MoreHuman Resource Management : Human Resources Management1264 Words   |  6 Pagesand research with my family, I decided to go into human resource management, specifically in a hospital. Many people questioned and often said â€Å"Why human resource management?† My answer, I chose human resource managers because I believe they are a vital part of a hospitals success. They make the plans, they direct the staff and they coordinate how people work together and where they need to be. Throughout this paper , I will describe human resource managers- what they do, what are the requirements

Music Concert Report ( Hayward / Russell City Blues Festival

Suritaneil Sahota Music Concert Report (Hayward/Russell City Blues Festival) I attended a blues concert in Hayward and it was one of the most culturing experiences of my life. I learned a lot about the culture and context surrounding the blues music. I found the lyrics thought provoking especially, B.B. King’s â€Å"Why I Sing the Blues† sung by Billy Dunn. Prior to me attending this concert I hardly knew anything about the blues music or historical roots. I never listened to the blues before, so I am unaware of this type of music, but I learned a lot about this style of music and enjoyed it. I also learned about the impact Hayward had on the blues and blues musicians when African Americans migrated from the deep south to the then unincorporated area of Hayward, known as Russell city. Ethnically, the majority of the attendees were African American, the second highest ethnic group attendees were Caucasian. This makes sense, since the blues and jazz were developed in the south of the U.S. and is associated with Africans. For African Americans, the blues and jazz goes a long way back in history, more specifically their history. It is associated with African American history in America, as well as African oppression and liberation. The blues is a musical style of feeling, a style about playing what comes from your heart. It came from work songs, field chants, spirituals, field hollers and revivalist hymns from the African American communities. Blues is associated with the sad times

Essay on Narrative Style and Structure of James and the...

Narrative Style and Structure of James and the Giant Peach The books that Roald Dahl has written have very interesting narrative styles. In the story James and the Giant Peach, Dahl uses vivid imagination. He uses many imaginary situations but yet at the same time encompasses enough realistic situations that the reader can still relate to it. In James and the Giant Peach, it starts out introducing a boy named James Henry Trotter who lives with his loving mother and father. The narrator of the book tells us, the readers, that James and his familys dream is to sail to New York City and climb all the way to the top of the Empire State Building. This introduction makes us think that this story is realistic, because the†¦show more content†¦These bugs carry on many different human-like characteristics, which help make Dahls imaginative story seem somewhat realistic. All of these bugs talk to James about how they hate life on the hill and a bug eats away the stem of the peach and they go rolling down the hill. Throughout th e story the peach, with all of the characters inside, is on a dangerous adventure. After going through oceans and winds, the peach lands them on the top of the Empire State Building. The bugs help capture the evil aunts and they live happily together. This story is told in the third person point of view, which helps the reader understand the whole story and not just one characters side. If the story was told by just one characters point of view, the story could be similar but one would only see the view of that character. By Dahl using third person point of view, this allows the readers to see each characters views and thoughts of what is happening in the story. Also, throughout the book Dahl has the narrator asking many questions to make the reader imagine what is going to happen next. Usually the question comes toward the end of a page so the reader has to wonder or is caught in suspense until the page is flipped. This gives the reader a chance to use their imagination and guess what happens next. I believe this sort of writing helps Dahl pull hisShow MoreRelatedSymbolic Meaning of the Land in Gone with the Wind6993 Words   |  28 PagesReviewÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…...4 2.1 Brief Introduction of Margaret Mitchell and Gone with the WindÂ…Â…Â…Â…Â…Â…Â…Â…Â…4 2.2 Previous Researches of Gone with the WindÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….4 2.3 The Views about Sociology of NovelsÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…..5 Chapter 3 Narrative Analysis of the LandÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…...7 3.1 Contextual Meaning of the LandÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…..7 3.2 Social Emotions of Novels of the LandÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…8 3.3 Social Function of Novels of the LandÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…...Â…..9 3.4 Living Circumstances

The Conflicts Dead Poet Society Essay Example For Students

The Conflicts: Dead Poet Society Essay Describe at least ONE conflicts in the text(s). Explain why the conflict was important to the text(s) as a whole, supporting your points with examples of visual and/or language features. Tradition, honor, discipline, excellence is what Weldon Academy pursues. John Keating the new English teacher has a new way of teaching. Peter Weir has shown in the film that Keating makes the boys look at a new perspective of life, Carper Diem, seize the day making the boys think out of the tradition and encouraging free thinking. In this essay Im going to describe two conflicts that are essential to this hem within the film. Rip them all out boys, I dont want any of the Introduction pages left, Mr. Keating say. What the hell is going on? the Latin teacher yells as he barges in the door, not realizing that Keating was in the class room. This is the prime example of the main conflict throughout the movie. Mr. Seatings teaching style is remarkably different to the traditional teaching of Weldon. Poetry has no boundaries; there are no rights and no wrongs. By ripping out the introduction, Mr. Keating is teaching them to write poetry in their own expressive way. Hes showing a path to where they inspired to hint for themselves and not be restricted from the traditional ways of writing poetry. This conflict of Settings outrageous teaching style Is leaving him with a bad Impression as he Is not following the four pillars. The most Important lesson Keating teaches Is Carper Idle, which means Seize the Day. Standing up on the desk In the class room, far from Welters conventional system. Keating Is getting them to gain a different perspective, thinking for themselves, living life on the edge, not being stuck In conformity. This Is causing major conflict as the boys are now stepping out Instead of following the crowd. Which Is all reflecting back to Mr. Settings teaching of Carper Idle, selling the day through self-expression. This Is causing conflict with the other teachers at Walton and also with all of the boys parents as tradition In Carper Diem Isnt exactly used. In conclusion Peter Weir has shown the conflicts strong through this film Dead Poet Society with Crape Diem and not teaching traditionally to what Welters four pillars are. Tradition, honor, adolescence, excellence. It stood out very clearly that Walton Academy does not stand for free thinking, you have to follow the rules and never to step out of line. The Conflicts: Dead Poet Society By Landlocked Rip them all out boys, I dont want any of the introduction pages left, Mr. Keating say. What the hell is going on? the Latin teacher yells as he barges in the door, not conflict throughout the movie. Mr. Settings teaching style is remarkably different to This conflict of Settings outrageous teaching style is leaving him with a bad impression as he is not following the four pillars. The most important lesson Keating teaches is Carper Diem, which means Seize the Day. Standing up on the desk in the class room, far from Welters conventional yester.

Sienkiewicz V Greif free essay sample

From 1966 until 1984 she was an office worker at the defendants factory premises. The defendant manufactured steel drums and during the course of this process, asbestos dust was released into the factory atmosphere. Although Mrs Costello did not work on the factory floor, her duties took her all over the premises. In common with other inhabitants of the local area, however, she would also have been exposed to a low level of asbestos in the general atmosphere. Causation The general rule at common law is that a person suffering injury must show on the balance of probabilities that the defendants tort (most commonly negligence) caused the injury or condition. But for the defendants wrongdoing, the claimant would not have suffered the damage (this is sometimes called the but for test). There is an important exception to this rule. In the case of a divisible disease such as pneumoconiosis, the amount of dust  inhaled operates cumulatively to cause the disease and determine its severity. If exposure to the dust is partly due to the defendants negligence and partly not, the defendant will be liable to the extent that his breach of duty has materially contributed to the disease. If there is more than one defendant, liability can be apportioned. This approach, however, causes difficulties in mesothelioma claims because, unlike pneumoconiosis or asbestosis, mesothelioma is an indivisible disease. It is still uncertain whether its contraction or its severity can be  related to the amount of asbestos fibres ingested, or even which fibres triggered the disease. In Fairchild v Glenhaven [2003], the House of Lords (as it then was) recognised that, in a mesothelioma case where the claimant had been exposed to asbestos at different times while working for different employers, it would be impossible to satisfy the conventional but for test and prove which exposure was the cause of the disease. Consequently, the Law Lords created another exception to the normal causation rule. In mesothelioma cases, it would be enough for the claimant to show that a negligent exposure ad materially increased the risk of his developing the disease. In Barker v Corus [2006], the House of Lords went on to decide that, in cases where there had been successive negligent exposures, liability should be apportioned between defendants. Each employer would be liable for that proportion of the damage which represented his contribution to the risk that the employee would contract mesothelioma. Parliament, however, swiftly intervened to pass section 3 of the Compensation Act, which allows the claimant to obtain full compensation from any one of them. The section applies where (1) a person has negligently or in breach of statutory duty exposed the victim to asbestos and (2) the victim has contracted mesothelioma as a result of exposure to asbestos, but (3) it is not possible to determine with certainty whether it was this or another exposure which caused the disease and (4) the person in question is liable in tort whether by reason of having materially increased a risk or for any other reason.    The defendant in this case said that any negligent exposure to asbestos fibres while Mrs Costello was at work would have been minimal and far less than the environmental exposure, which was not negligent. It argued that the Fairchild exception did not apply because this was a single exposure– in other words, the defendant was the sole known source of occupational exposure to asbestos dust. In any event, the exposure was not material. According to the defendant, the appropriate causation test to apply was a doubles the risk test. Only if the occupational exposure could be shown to have at least doubled the risk of Mrs Costello contracting mesothelioma could the defendant be held liable. The judge at first instance agreed and concluded that Mrs Costellos exposure to asbestos at work increased the risk by only 18%. The claimant appealed, arguing that the judge had failed to apply the law correctly. The Court of Appeal judgment The Court of Appeal found that the proper test was whether the occupational exposure had materially increased the risk of contacting the disease. In its view, Fairchild effectively created a new tort limited to cases of mesothelioma the tort of negligently materially increasing the risk of injury. Section 3 of the Compensation Act made it law that, provided all four conditions were satisfied, causation could be proved by demonstrating that the defendant wrongfully materially increased the risk of the victim contracting mesothelioma. It did not matter whether the other exposure was negligent or non-negligent. The claimant could prove causation by any available method, including showing a material (i. e. ore than minimal) increase in risk. The defendant appealed. The Supreme Court judgment The Supreme Court unanimously dismissed the appeal. The Fairchild exception was developed for mesothelioma cases because of ignorance about the biological cause of the disease. Under it, a defendant is liable if it materially increases the risk of the claimant contracting mesothelioma. The same principle applies whether it is a case of single exposure or multiple exposure. The Court of Appeal, however, had misread the Compensation Act as creating a statutory rule of causation. Section 3 merely provides that, if a defendant negligently exposed the claimant to asbestos and the claimant contracts mesothelioma, the defendant would be liable in tort whether by reason of having materially increased a risk or for any other reason. Whether and in what circumstances liability attached to the defendant was still a matter for the common law. The Supreme Court, however, considered that the doubles the risk test put forward by the defendant was unsuitable as a test for causation in mesothelioma cases. The idea is borrowed from epidemiology, which is the study of the occurrence and distribution of events such as disease over human populations. If statistical evidence indicates that the wrongdoers act has more than doubled the risk that the victim would suffer the injury, the argument goes that it is more likely than not that the wrongdoer caused the injury. The Supreme Court concluded that, as long as medical science is unable to demonstrate the exact origin of mesothelioma, data relating incidence to exposure was not a satisfactory basis for making findings of liability. What constitutes a material increase in risk? Something more than minimal. But Lord Phillips said: I doubt whether it is ever possible to define in quantitative terms what for the purposes of the application of any principle of law is de minimis. This must be a question for the judge on the facts of the particular case.    He continued: In the case of mesothelioma, a stage must be reached at which, even allowing for the possibility that exposure to asbestos can have a cumulative effect, a particular exposure is too insignificant to be taken into account, having regard to the overall exposure that has taken place. This case involved low levels of exposure. But currently there is no known lower threshold of exposure that determines whether or not a person contracts the disease. In any event, the Supreme Court was satisfied that the exposure in this case materially increased Mrs Costellos risk of developing mesothelioma. Commentary The decision could  pave the way for claims by mesothelioma victims who have been exposed to levels of asbestos that, until now, might  have been considered too low to be actionable. The Supreme Court judges resisted any attempt to limit the applicability of the Fairchild exception or the Compensation Act to multiple exposure mesothelioma cases. As Lord Phillips commented: The 2006 Act, coupled with Fairchild, has draconian consequences for an employer who has been responsible for only a small proportion of the overall exposure of a claimant to asbestos dust, or his insurers, but it would be wrong to have regard to that fact when considering the issues raised by these appeals. Parliament has willed it so. Comments made by some members of the Supreme Court, however, questioned the wisdom of creating special causation rules, even for such a disease as mesothelioma. Lord Brown doubted whether special treatment could be justified. Although [†¦] mesothelioma claims must now be considered from the defendants standpoint a lost cause, there is in my mind a lesson to be learned from losing it: the law tempers with but for test of causation at its peril. Lord Rodger looked forward to a day when medical science can identify which fibre or fibres caused the disease, at which point the problem that gave rise to the Fairchild exception will have ceased to exist.