Thursday, January 30, 2020

Theories of Human Nature Essay Example for Free

Theories of Human Nature Essay In this paper I will contrast the five theories of human nature, and explain why I believe one to be more superior to the other four. To begin, the five theories of human nature are, rationality, divinity, man-machine, existentialism, and cultural. The first of the five theories is rationality, and simply states that one uses knowledge with the process of thought to draw a conclusion. If a dog’s bowl full of food in the morning, but later in the afternoon it has become empty. One could rationally draw the conclusion that the dog could have eaten all the food out of the bowl. The second is the theory of the five is divinity, and states that humans have all the qualities that the god of the Hebrews has. This would mean that all humans are immortal and infinite. Also this means that humans would be all loving, all knowing, and perfect. Man-machine is the third, and states that everything works like a system much like a robot. This means that one is the way he or she is because he was set up that way. This means that the only reason one acts the way he or she does is because that is the way he or she is â€Å"wired†. The fourth, existentialism, which states that one, must find or create his or her existence outside uniformity. One must get away from all the vices, problems, and routines of life, and must find his or her purpose in life. Finally the fifth, which is the cultural theory of human nature, and it states that there is not only one to define human nature. But, rather a mixture of the first four is the correct answer to the theory of human nature. I believe rationality is superior, and the other four fall short, because reason was used to conjure all other theories. Let’s consider a divine human nature. If we all had a divine human nature we would have no need to debate this, because we would be all knowing, and would know what our nature is. Man-machine falls short simply because it states that there is no rationality; however, it was probably thought up by a man who was searching for a reason why people act the way they do. Next, existentialism, where one must get away from everything and find out for him or her self what his or her purpose is. I really don’t mean to make a joke but this seems like Amish rationality. Then we are left with the cultural theory of human nature. This one just seems like someone wanted to end an argument between the other four. Also it just creates a circle, and does not help us determine which theory of human nature is superior; however the final nail in the coffin is the fact that this theory is trying to find a reason why they saw more than one of these in theories in human nature. I believe that rationality and logic are gifts from God, and are given to us to let us know he exists, and to draw us closer to him. For example take painting, how does one know that the painting had a painter? Because, the painting exists you can see, touch, smell, and even taste it even though you can’t see the painter. Likewise one knows a building had builder because it exists. Also, so that we can know that we have sinned against God by breaking His law. One of the Ten Commandments states: â€Å"you shall not bear false witness† or lie. If one were to tell a lie he would be a liar not only in the sight of God but also by the standard of men, and the bible states in revelation twenty-one eight â€Å"†¦every liar will have his place in the lake of fire†. Because, it also states â€Å"the wages of sin is death†¦Ã¢â‚¬  (Romans 6:23a), and this means that we have earned hell for what we have done. Now, rationally who wishes to spend eternity in a lake of fire? But, thankfully it didn’t stop there, because after we find out what we’ve earned we read about what we haven’t: â€Å"†¦but, the free gift of God is eternal life†¦Ã¢â‚¬ . This gift was given to us through the sacrifice of Jesus Christ on the cross for the payment of our sins, and all we must do is put our faith in him, and turn away from our sins in repentance. And, rationally who doesn’t want eternal life.

Tuesday, January 21, 2020

GlaxoSmithKline and the China Bribery Scandal Essay -- GSK Bribery in

Multinational corporations (MNCs) are investing and operating in many foreign markets around the world. With this globalization, it is becoming increasingly important for managers at all levels to become proficient in cross-cultural management. This paper will explore the challenges encountered by a British expatriate managing the Chinese business unit for a British pharmaceutical MNC. An assessment of the national cultural differences using Hofstede’s research on work-related values differences will be explored. The data will be analyzed to determine if these differences had an impact on the organizations ability to successfully manage cross-culturally. GlaxoSmithKline, Plc (GSK) is the largest British pharmaceutical company with a presence in more than 100 countries around the world. In July 2013, the Economic Crimes Investigations Unit of the China Public Security Ministry in Beijing accused GSK of bribing government officials and doctors to prescribe higher costing branded drugs to treat their patients. GSK reportedly offered approximately $489 million in illegitimate travel packages, meeting expenses, entertainment and cash over six years to these doctors and officials (Sukhija). Often, the incentives were funneled through travel agencies, who would send doctors on international trips and provide them with luxuries while at other times payments were simply made in cash. GSK released a statement explaining that the allegations made against the senior executives of the company are ‘shameful'. †We are deeply concerned and disappointed by these serious allegations of fraudulent behavior and ethical misconduct by certain individuals at the company and third-party agencies. Such behavior would be a clear breach of GSK'... ...013. El-emergente.com. Web. 20 May 2014. Okoro, Ephraim. "International Organizations and Operations: An Analysis of Cross-Cultural Communication Effectiveness and Management Orientation." Journal of Business & Management (2013): 1-13. Document. Philippidis, Alex. "China's Challenges Stretch Beyond the GSK Scandal." 01 August 2013. Genengnews.com. Web. 19 May 2014. Reilly, Mark. "Mark Reilly, China - GlaxoSmithKline." 10 December 2009. gsk.com. PDF file. 19 May 2014. Shobert, Benjamin. "Three Ways to Understand GSK's China Scandal." 04 September 2013. Forbes.com. Web. 18 May 2014. Sukhija , Sheetal . "GSK China scandal: What have been the highlights?" 31 July 2013. BioSpectrum Asia Web site. Web. 2014 May 16. Voreacos, David. "China's Bribery Culture Poses Risks for Multinationals." 21 November 2013. Bloomberg.com. Web. 19 May 2014.

Monday, January 13, 2020

Assess the Extent to Which the Wilson Government Achieved

Assess the extent to which the Wilson Government achieved its objectives by 1970 To assess the Wilson Government which ran from the years 1964 to 1970 you have to look at what the Labour government promised to achieve if they won the election in 1964. You have to look at what the changes the Wilson government brought forward in their time in office and how the personalities of its politician’s effects decisions made. The election campaign in 1964 was a close run contest even though there was a low public approval of the current Prime Minister Alec Douglas-Home.The labour party only won a majority of 3 seats. The reason for the decline in support for the Conservative party was because of events and scandals such as the Profumo affair in 1963. Looking at Labour in the run up to the General Election, they promoted themselves with a more modern youthful image that was more in tune with the times rather than the aristocratic feel of Home’s Conservative government, this lead the Labour party to create an increased lead when it came to looking at the opinion polls.Wilson then leader of the opposition went into his 1963 conference speech talking about how Britain was ready to fully exploit the â€Å"white heat of the technological revolution. † The labour party was trying to show itself as being the right force to progress Britain against the ineffective current political establishment. As Peter shore said â€Å"†¦ it was a case of smart Alec against dull Alec†¦ â€Å". The Labour party won the General Election in 1964 because of a skilful election campaign and certain errors in the Conservative party around the time of the election being called.The Labour party during the first years in Government between 1964-66 were successful in achieving its objectives, Labour wanted the tackle the problems in the Economy and the changing of Britain into a post industrial society. The Labour party therefore projected the image of following a  "third way† in which the economy would be managed with scientific planning. This lead to Wilson creating the Department of Economic Affairs (DEA) with George Brown at its head, this department would be separate from the treasury and would allow Britain to plan its way out of the economic difficulties.It was created because the treasury was seen with being strongly conservative and the high ranks of the Labour Party considered this as key to Britain’s economic failure. The Idea seemed a successful resolution as France was working on a more planned economy also and had much higher GDP growth rate. However the reality showed that the government failed in its objectives. Ironically the problem of this â€Å"Super Department† was that it wasn’t planned prior to its introduction. As George Brown stated â€Å"I think it is a pity that we didn’t produce a ‘Blueprint’ setting out precisely what we wanted to achieve†.The treasury also went out of its own way to make the work of the new department fail, reports suggested that Brown’s phone was bugged to allow the Treasury to keep track of the dealings he made and the dealings of the office. Even though these difficulties Brown still produced the ‘National Plan’ which aimed at the economic targets set out in the General Election of 1964. It was an achievement to create this plan which aimed at stimulating industrial production and exports by encouraging cooperation between the government, employers and trade unions.It was a success that the plan was drafted however it was a failed attempt. The grand expansion targets set out in the plan were not met because at the time it was published the economy was in too bad of a way for cooperation alone to work. An emergency budget was released in July 1966, which aimed at cutting public spending and increasing taxes. This was seen as a turning point in the Wilson government in which the public had a growing d istrust about the government’s capability to fix the economy.In 1966 Wilson called a General Election in the aim of increasing his parliamentary majority, The Election was called for March 1966 and The Labour Party was victorious and increased their majority from 3 to 96. The Wilson Government had many difficulties in the period from 1966-70 with the difficulty with the trade unions due to economic problems leading to tension. Wilson believed that increasing inflation and Britain’s balance of payments deficit presents major treats to economic progress, wages and salary increases much be kept more in check.A prices and incomes board was established to regulate pay settlements. The trade unions hoped that the Wilson government would bring those benefits and they resented being lectures and told to be reasonable. This failure with the trade unions set back government objectives and the economy took heavy blows. The government was hit with a series of industrial strikes an d disputes which included the National seamen’s strike in 1966 and the Dockers’ strike of 1967. The Wilson government was running out of ideas on how to control the economy and in November 1967 devaluation of the Pound was introduced.This was because of the deficit being so large that Wilson had asked for another loan from the IMF, blaming the seamen’s strike. The loam was only seen as a stop gap. The Devaluation involved reducing the exchange rate of sterling from $2. 80 to $2. 40 for every ? 1. The aim was to make British goods easier to sell abroad. The delayed implication of the measures meant that the mere financial adjustment turned into a political and economic failure for Wilson and the Labour party. Showing that the government could not run the economy and had failed to deliver objectives set out in 1964 and 1966.Callaghan stood down as Chancellor in 1967 swapping places with Home sectary Roy Jenkins. The trade unions were angered that Wilson had tried to blame those for the government’s financial difficulties and many academics had concluded that Wilson overestimated the Balance of Payments deficit, leading to a failure in the majority of its economic objectives. However aside from the Political and Economic side the Wilson government did achieve some of its objectives in the social changes it set forth to create. The Wilson government can’t be criticised from its social reform.The Race Relations Acts, 1965 and 1968 prohibited racial discrimination in public places and in areas such as employment and housing and make Incitement to racial hatred an offence. More important social reforms such as the Abortions act of 1967 which permitted the legal termination of pregnancy and the abolition of the death penalty in 1969 which made permanent a measure that was passed in 1965 that had suspended the operation of the death penalty. These social changes and reforms may be said to mark an important stage in the modernising of Britains social attitudes. Many were the work of Roy Jenkins.He personified the tolerant, sophisticated attitudes that he wished to see become predominant in Britain. These were successful for the labour party and Wilson government. Showing objectives were achieved which cannot be said as much in industry and the economy. By the time of the general election in 1970 there was the feeling that the Labour government had failed to live up to expectations. The sense of disappointment was felt harsh by the young. Arguments stated that Wilson entered office claiming to be the head of a modernising and reforming government but really all that was changed was the style and not the content.In conclusion the Wilson government had some success in the social reforms it implicated but didn’t plan enough to address the economy and industry, it lost the support of the trade unions and was seen to be a failure from the public. In 1970 even through labour party optimism Edward heath walked int o 10 downing street as the Conservative prime minister with a 30 seat majority. This showed the ultimate fail of a clever but seemingly unorganised Labour party and government which didn’t successfully achieve enough of its objectives and therefore lost the 1970 election.

Sunday, January 5, 2020

Hedge Fund and Investment Industry Free Essay Example, 2000 words

All of the tools, which are mentioned above are considered as the basic requirements of hedge fund management activities. Therefore, conducting research in the field of hedge fund management has always been an integral part to build career in finance. Moreover, developing the cognizant regarding the basic requirements of finance can help me in achieving a competitive advantage in getting into the field of hedge fund management. Research Based Articles on Hedge Funds Management Article1: Emerging Market Sovereign Debt Funds The Research based article by McIntosh (2012) indicates that the Adelante Emerging Market Debt Fund, which is focused on the returns based on emerging markets. The fund, which is based on emerging markets is relatively an unusual strategy and can be established only in the hedge funds. Theoretical Relevance to Hedge Funds Research The article gives knowledge regarding how hedge fund strategies can be established and how the returns are designed. Moreover, the article can help in identifying the innovative and highly risky strategy, which can guide the reader regarding the hedge fund management strategies. Methodological Relevance to Hedge Fund Research The research methodology followed by the research based article is quite exploratory in nature. We will write a custom essay sample on Hedge Fund and Investment Industry or any topic specifically for you Only $17.96 $11.86/pageorder now There are no hard and fast rules that need to follow for managing the hedge funds. Therefore, the research work on hedge fund management can help in identifying the new horizons for further research on the topic area under study. Relationship between selected article and the research on hedge fund investments The Research article, which is based on Adelente Emerging Market debt Fund, identifies the fund management activities in the area of Hedge funds. In addition to this, the article is clearly focused on identifying the financial fundamentals of emerging markets along with the comparison with the financial fundamentals of developed markets. Therefore, the article is directly related to identifying the hedge fund management strategies, which is my area of interest for research. Strengths & Weaknesses The Strength of this article is that the researcher has very minutely studied the comparison of financial indicators between emerging markets and developed markets. The weakness of this article is that it has missed some other factors, such as the sustainability of the developed markets. Article 2: Institutional Investor’s Sentiments The second research based article by Morgan Brokerge (2012) identifies the link between the institutional investor sentiments due to the market movements and the hedge Funds Strategies.