What is fairness (fair) and what is justice (just) Compare and Personal Statement

What is fairness (fair) and what is justice (just) Compare and contrast both - Personal Statement Example 161). It means all citizens have the same rights as anyone else, regardless of their station or lot in life. In Platos definition, justice means attending to the proper order of things in society. Justice means equal respect for the rights of everyone, without discrimination to age, gender, race, color, etc. Fairness, on the other hand, means a quality of being free from bias, inequity, injustice, or making decisions or judgments without any discrimination. To be fair means to be making the compromises necessary for all parties concerned, although it may not mean complete justice. The notion of fairness can be better understood in the norm of need. This means being fair is to help all people meet their needs according to what is just, and also based on resource constraints. Not all individuals can be given what they need, but some can partly be satisfied based on fairness. A good example is the obligation of the state to provide everyone with health insurance coverage but not everybody can be covered due to limitations of financial resources or budget cuts. In this connection, the Affirmative Action program was designed to address the fairness issue, with regards to access to educational and employment opportunities (Jansson, 2009, p. 30) and intended to counteract the discrimination suffered by some minorities or segment of society. It attempts to create an equal or level playing field, with the stated aim to achieve social

Federal Support Programs- Contract administration and management Essay

Federal Support Programs- Contract administration and management - Essay Example In this sense, Government loan guarantee gives assurance of paying back part of a loan if the business owner fails (Stanberry, 2012). The General Service Administration would be the most beneficial to a small business in my community because it opens up ways for the business to get government contracts and offers awareness to the owners on the opportunities. Business Development Program would be the least beneficial because it may be difficult to recognize disadvantaged businesses, meaning that the program may not be of any help. These programs are behind the success of small businesses, thus setting a critical component to building a healthy and robust as well as creating jobs for the citizens. Most importantly, they support investment in and lending to small businesses. The two additional elements to support small businesses include fast loan closings and credit decisions for the reason that interest rates are a basis of confirming any good deal in a contract (Stanberry,

Leadership and Management Assignment Example | Topics and Well Written Essays - 1500 words - 2

Leadership and Management - Assignment Example oup Problem Solving: Leadership and Motivation: The performance of different members in a business organization largely depends on the leadership style followed within the organization and the factors that motivate the employees personally. Employees may be motivated either by external factors like wages and rewards or by internal factors like their relationship with their work. Based on the different needs of different individuals, there are three motivational theories that are applicable for business organizations. These are the Maslow’s Hierarchy of Needs, Alderfer’s ERG Theory, and McClelland’s Theory of Needs (Nader n.d.). Maslow divided the needs of humans into five divisions that include their psychological needs, safety needs, relationship needs, esteem needs, and self-actualization. Psychological needs involve the basic needs of an individual like food, shelter, and clothing. Safety needs include security of jobs, a good working environment, and plans fo r pensions and insurances. Relationship needs reflect the need to socialize and have friends and companions around. Esteem needs are those that are more than the basic needs such as need for appreciation and recognition. Finally, self-actualization is the stage where an individual feels the need to pursue further to achieve something for his own. This need may completely vary from one man to another and tend to become individualistic in nature (Nader n.d.). Alderfer’s theory focused on an individual’s need for existence, thus requiring suitable conditions and materials; the need for relatedness that may be achieved through interactions and communications with others; and the need for growth reflected through their achievements and self-actualization. According to McClelland’s theory individuals feel... From the assignment presented by the researcher, it can be concluded that Lee, who was analyzed as the leadership manager of the company proved to be an effective leader as far as finding solution to the problems that were established from the start, such as customer dissatisfaction and employee motivation that was concerned. The researcher analyzed his recommendations and states that instead of ignoring the problem, the leadership manager surveyed and determined that a reward program might prove to be effective to motivate the employees towards effective performance that was lacking in the present situation. The leadership manager also proved to be a responsible leader trying to improve the performance of all the team members such that the organizational goals may be achieved. The proposal for a standardized method of recruitment that was described in the assignment can also be said to be an effective measure suggested by the manager for recruitment of effective people which is othe rwise not achieved through unstructured interview patterns. The researcher then mentiones that understanding the particular needs of employees and hence fulfilling them would be a better option for future improvement and successful work. Moreover, transformational leadership would be recommended in such cases as described in the assignment as it allows to establish better communications between the leader and the employees, thereby improving the relation and move towards more cognitive consensus for problem solving.

See uploaded question paper Essay Example | Topics and Well Written Essays - 2000 words

See uploaded question paper - Essay Example These provisions are fundamentally categorized as Consumer Protection Acts which further constitute of Sale of Goods Act 1979 and Unfair Contract Terms Act 1977 in the European Union (EU) legislation1. With reference to the case situation witnessed by Greg when dealing with his supplier Sprewfit, this study will aim at recommending the consumer (i.e. Greg) with certain remedial measures to suffice his losses with the application of Sale of Goods Act 1979 and Unfair Contract Terms Act 1977. As observed in the case scenario, Greg was working on a new project of renovating a home and estate of â€Å"Downly Abbey†, in the village named Downly. The required materials for the renovation project were supplied to him by Sprewfit. The company also took the contract that to serve with the required amount of plaster which would be used in the interiors of the home and estate of â€Å"Downly Abbey†. After certain period of time, Greg noticed that the materials that were provided to him were of low quality, and certainly incompetent to suffice his requirements for a Grade II home and estate renovation project. ... There are certain specific contracts to which this particular act has been applicable. One of the most crucial norms of this law is that it is applicable only to the contract of the sales of goods that took place on or after the 1st of January 1884. It has been learnt that a sales contract is a contract where the seller agrees to transfer the possession of the goods or any other property in exchange of money which can also be referred as the price of the property or goods delivered. The goods sold may be of existing goods, owned or possessed by the seller or it may also be goods or property which would have to be manufactured after the contract is made. These types of goods are referred as called ‘future goods’. As per the provisions mentioned in the act, the goods are sold under a certain terms and conditions that must be agreed by the seller as well as the buyer prior to the validation of the agreement. Notably, if the conditions are not satisfied by the seller which r esults to the losses suffered by the buyers, the entire issue would be termed as a breach of contract. Consequently, the buyer could claim for compensation or damage if such situations indicating breach of contract arises2. Unfair Contract Terms Act 1977 The Unfair Contract Terms Act 1977 set to enforce additional limits on the level to which civil accountability for breach of contract on the basis of the inattention towards the liabilities, obligations and of duties of the sellers can be shunned by means of contract terms and otherwise. It has often been witnessed that companies focus on applying terms and conditions explicitly in their agreement offered to the customers mentioning certain aspects which might hinder the interests of the

Ebay and Market Entry Challenges Essay Example | Topics and Well Written Essays - 750 words

Ebay and Market Entry Challenges - Essay Example eBay maintains the seller platform much like the United States that is set on fixed auction philosophy, which limits real-time discussion with sellers. GMarket is also more innovative in setting up excitement with buyers and sellers, acting as a middleman for various lottery schemes that provide more incentives (Ihlwan, 2006). eBay attempted to simply export in its market entry strategy, using the same business model that had found success in the United States. In a market where GMarket was an innovator creating incentives-based packages, eBay was having a tough time being the dominant auction and selling site of choice. eBay’s fixed price selling concept was considered unfavorable by Chinese customers used to more direct sales tactics between buyer and seller. The use of mobile technology in China is also limited based on distribution of cellular technology and cultural adoption of this modernized selling format. Therefore, the ability to gain more market share through mobile technology sales was limited or eBay (Chan, 2007). Lack of ability to use mobile sales and marketing in this region limited the brand visibility of eBay with potential target markets and thus made it difficult to establish brand loyalty for eBay. The inability to use technology to improve the competitive position of eBay posed significant expansion problems. Pricing was another reason why eBay found difficulty in Asia, where the fixed price auction format made it appear to buyers and sellers that product listing costs were much higher than competition. The ability of sellers to contact customers and the flexibility of GMarket gives the buyer the ability to instantly reduce prices or add certain incentives, which makes eBay look rigid in pricing structures that is a turnoff to the price-sensitive Chinese buyers. Thus, it should be said that place, product, price and promotion were all negatively impacted by competition and the current sales platform being used by eBay. Simply export ing American talent and technology to this market was a poor market entry strategy since the Chinese online sales environment differed culturally than in the United States. It was a mistake to think that Chinese buyers would maintain the same market characteristics and therefore eBay entered this market without adaptable tools to better fit market conditions and buyer/seller attitudes and brand familiarity with other auction and sales competition. eBay simply did not have any quality tools to differentiate the business from competition other than mobile marketing which is not a common sales practice in the Asian markets. References Chan, Isabelle (2007) â€Å"EBay Has Its Eye on Southeast Asia â€Å", 29 Oct 2007, Business Week. Retrieved August 27, 2012 from http://www.businessweek.com/globalbiz/content/oct2007/gb20071029_295570.htm Ihlwan, Moon (2006) â€Å"Gmarket eclipses eBay in Asia†, 28 June 2006, Business Week. Retrieved August 27, 2012 from http://www.businessweek. com/globalbiz/content/jun2006 /gb20060628_910393.htm?chan=search RUNNING HEADER: Google and Asian Online Censorship Google and Asian Online Censorship BY YOU YOUR SCHOOL INFO HERE DATE HERE Google and Asian Online Censorship In Asia, Google faced many problems with establishing a market presence and gaining consumer revenues associated with its search engine business. In China, the government censors much of

Microeconomics Essay Example | Topics and Well Written Essays - 500 words - 6

Microeconomics - Essay Example The nation with the greatest income disparity associated with inequality is Great Britain (Economist, 2007). Having equity in a system is very important. Equity is relative to the size of the family nucleus. A family with an income of $40,000 with six members has a lower standard of living than a single person with the same income. The importance about balance is that it has helped transform the United States into a society in which unity exists due to the existence of equity. In any system in which inequality a way to change the nation faith is by emphasising in the nation’s educational system. Those who waited for the reward that comes with education will have more opportunities that those who are not in a position to do the same and achieve a higher educational status such as a bachelors or a masters degree. In the village depicted in the story Patient Capital (2007) the Indian tribe members were witness of inequality rising within their communities due to a variety of factors. One of the most influential factors for the appearance of inequality among the Indian members was education levels. Most of the society did not have opportunities for college education due to family and village responsibilities which were necessary for the survival of a group of people living in very high levels of poverty. The educated member of the tribe gain much more wealth than the rest of the members. In the United its agriculture trajectory is good example how a group of people was able to evolve its economy by switching from agriculture model to a manufacturing and service economy. Such an economy is better able to provide greater levels of income which improve standard of living of the people. There are many persons in the US who have struggled to break the barriers of inequality. In systems such as the United States prior to the civil movements of the 1960’s or in South Africa prior to the elimination of apartheid in 1994

Tradable Indices Essay Example for Free

Tradable Indices Essay 1) How many boards are available in Malaysia share market? It consists of a Main Board, a Second Board and MESDAQ with total market capitalization of MYR700 billion (US$189 billion). 2) What are the characteristics of all boards MESDAQ (Malaysian Exchange of Securities Dealing and Automated Quotation) was launched on 6 October 1997 as a separate securities market, mostly for listing technology-based companies. It is part of Bursa Malaysia. The Mesdaq has now been changed to the ACE Market. Bursa Malaysia offers three (3) boards, Main Board, Second Board and MESDAQ Market. Generally, Main Board is for more established companies, Second Board for relatively smaller companies and MESDAQ Market is for high growth and technology companies. Both the Second Board and MESDAQ Market provide an avenue for relatively smaller companies to access the capital market early to fuel their expansion plans. Once established, they can transfer their listing status to the Main Board. 3) Index. How many index traded? (e.g. KLCI) TRADABLE INDICES FTSE Bursa Malaysia KLCI Index (effective 6th July, 2009) * This tradable index comprises the 30 largest companies in the FTSE Bursa Malaysia EMAS Index by market capitalisation. FTSE Bursa Malaysia Mid 70 Index * Comprises the next 70 companies in the FTSE Bursa Malaysia EMAS Index by full market capitalisation. FTSE Bursa Malaysia Top 100 Index * Comprises the constituents of the FTSE Bursa Malaysia KLCI and the FTSE Bursa Malaysia Mid 70 Index. FTSE Bursa Malaysia Hijrah Shariah Index * The FTSE Bursa Malaysia Hijrah Shariah Index is a tradable index which comprises the 30 largest companies in the FTSE * Bursa Malaysia EMAS Index that meets the following triple screening process: * FTSEs global standards of free float, liquidity and investability * Yasaars international Shariah screening methodology * Malaysian Securities Commissions Shariah Advisory Council (SAC) screening methodology FTSE Bursa Malaysia Asian Palm Oil Plantation Index (USD and MYR) * This index comprises the companies from the universes of developed, advanced emerging and secondary emerging countries as classified by FTSE in the Asia Pacific region excluding Japan, Australia and New Zealand that derive substantial revenue from palm oil activities 4) What is characteristics of Index (e.g. FTSE composite index) The two main eligibility requirements stated in the FTSE Bursa Malaysia Index Ground Rules are the free float and liquidity requirements. Free Float * Each company is required to have a minimum free float of 15%. The free float excludes restricted shareholding like cross holdings, significant long term holdings by founders, their families and/or directors, restricted employee share schemes, government holdings and portfolio investments subject to a lock in clause, for the duration of that clause. A free float factor is applied to the market capitalisation of each company in accordance with the banding specified in the FTSE Bursa Malaysia Ground Rules. The factor is used to determine the attribution of the company’s market activities in the index Liquidity * A liquidity screen is applied to ensure the company’s stocks are liquid enough to be traded. Companies must ensure that at least 10% of their free float adjusted shares in issue is traded in the 12 months prior to an annual index review in December. * It contains 30 companies from the main market with approximately 900 to 1000 listed companies. The index has a base value of 100 as of January 2, 1977.[2]