This is where I found this article: http://www.businessweek.com/smallbiz/content/jun2006/sb20060606_087038.htm
The article discusses the negative effects that discrimination creates especially for women and minorities. Supporting discriminatory policies can in fact hurt a company. It can limit the company's competition by restricting certain groups or employees that truly have the qualifications and could make a difference in the business, but they're discriminated against. The overall morale could change if the employees feel that the company is causing negative attitudes by basing someone off of their gender or race. Job applicants can actually sense that something is wrong and if they are not hired then they will then spread the word to other people that may want to be hired by that specific employer. It could even become a big enough deal that the company would be in legal trouble. I totally agree with the author. Discrimination only causes negative effects to businesses and society.
Monday, November 10, 2008
Tuesday, October 28, 2008
Child Benefits
This article can be found: http://www.businessweek.com/lifestyle/content/healthday/618931.html
This article explains how California was the first to adopt the family leave law. It consisted of one dollar per week, an automatic payroll deduction funded by employees. The program provides most employees with a six week "non-job-protected" paid leave to care for ill family members. It actually pays up to 55% of an individuals salary. That is a lot of money. I think that it is a good idea because no matter what employees are helping one another by giving. The downside of this article is the survey that was taken of parents with ill children. The majority of the parents who took enough leave to qualify for the program actually did not know it existed. These parents stayed at work because they feared losing income or their jobs. I believe it is the corporation's responsibility to inform each employee of something this important.
This article explains how California was the first to adopt the family leave law. It consisted of one dollar per week, an automatic payroll deduction funded by employees. The program provides most employees with a six week "non-job-protected" paid leave to care for ill family members. It actually pays up to 55% of an individuals salary. That is a lot of money. I think that it is a good idea because no matter what employees are helping one another by giving. The downside of this article is the survey that was taken of parents with ill children. The majority of the parents who took enough leave to qualify for the program actually did not know it existed. These parents stayed at work because they feared losing income or their jobs. I believe it is the corporation's responsibility to inform each employee of something this important.
Web Privacy
Here is where I read this article: http://www.businessweek.com/technology/content/aug2008/tc20080813_306363.htm
This article explains the support for protecting consumers online privacy. It also suggests that the law may require companies to get approbal from consumers before collecting information about their Web-surfing habits. The legislation may also demand companies to diclose information on how they collect people's data. I believe that businesses should keep another individual's information disclosed because it violates our rights for that information to be exposed. Behavioral targeting is watching what people are doing on the Internet. There are now methods to track certain indivduals and their site-viewing. I think that the government should protect our rights and limit companies to access of what people are doing online.
This article explains the support for protecting consumers online privacy. It also suggests that the law may require companies to get approbal from consumers before collecting information about their Web-surfing habits. The legislation may also demand companies to diclose information on how they collect people's data. I believe that businesses should keep another individual's information disclosed because it violates our rights for that information to be exposed. Behavioral targeting is watching what people are doing on the Internet. There are now methods to track certain indivduals and their site-viewing. I think that the government should protect our rights and limit companies to access of what people are doing online.
Wednesday, October 15, 2008
Unions and Money
Here is the website I found my article
http://www.businessweek.com/globalbiz/content/aug2007/gb20070821_057707.htm
The article describes how the European Trade Unions Confederation freaked out at the internal market commissioner because of the financial crisis of regulating hedge funds. Hedge funds, "are entangled in the subprime mortage sector in the US, where loans ate given to home-buyers with poor credit histories." The ripple effect resulted in hedge funds not being able to make their payments due to banks. Trade unions, "argue that these funds are motivated only by profit so workers rights are forgotten and the social fabric of societies is undermined." I think the unions make a solid point about respecting the employees. Also, the issue of all these loans being given out, the banks are liable, in my point of view. Isn't is the bank's fault for not looking at their credit and whether of not the individual is able to pay.
http://www.businessweek.com/globalbiz/content/aug2007/gb20070821_057707.htm
The article describes how the European Trade Unions Confederation freaked out at the internal market commissioner because of the financial crisis of regulating hedge funds. Hedge funds, "are entangled in the subprime mortage sector in the US, where loans ate given to home-buyers with poor credit histories." The ripple effect resulted in hedge funds not being able to make their payments due to banks. Trade unions, "argue that these funds are motivated only by profit so workers rights are forgotten and the social fabric of societies is undermined." I think the unions make a solid point about respecting the employees. Also, the issue of all these loans being given out, the banks are liable, in my point of view. Isn't is the bank's fault for not looking at their credit and whether of not the individual is able to pay.
Monday, October 6, 2008
Capitalizing
The article I used can be found at http://www.businessweek.com/bwdaily/dnflash/content/jun2007/db20070622_285766.htm
The stock market is a big deal in the economy. If a specific stock is doing well, they're going to let [eople know and have people talking. Blackstone has, "cultivated a mystique as the biggest, most audacious and most successful among the private-money 'value' creators." Blackstone and a rival seemed to explore a way of increasing taxes for private equity firms. This is a big deal because these businesses are capitalizing on their own profits and trying to gain more money and not thinking twice. The tax rate could possibly increase, interest rates are higher now and could increse in the future. They would be risking a lot, on the other hand they could increase productivity and earnings. Anything could happen at anytime.
The stock market is a big deal in the economy. If a specific stock is doing well, they're going to let [eople know and have people talking. Blackstone has, "cultivated a mystique as the biggest, most audacious and most successful among the private-money 'value' creators." Blackstone and a rival seemed to explore a way of increasing taxes for private equity firms. This is a big deal because these businesses are capitalizing on their own profits and trying to gain more money and not thinking twice. The tax rate could possibly increase, interest rates are higher now and could increse in the future. They would be risking a lot, on the other hand they could increase productivity and earnings. Anything could happen at anytime.
Prisoner's Dilemma
The article I used can be found at http://www.businessweek.com/globalbiz/content/jun2008/gb20080630_831726.htm.
Europe truly does truly has it's own way of doing things. The article basically states the fact that Europe wants to be stronger and more powerful through politics. The treaty consists of making Europe a full-time president and foreign policy chief to represent and eliminate national veto power in several areas. It was designed for a union of 27 countries. Countries rejected the bill causing a cluster. This deals with the prisoner's dilemma because countries have the right to self-regulate themselves. I believe it is the country's choice to have changes that are necessary for it's people.
Europe truly does truly has it's own way of doing things. The article basically states the fact that Europe wants to be stronger and more powerful through politics. The treaty consists of making Europe a full-time president and foreign policy chief to represent and eliminate national veto power in several areas. It was designed for a union of 27 countries. Countries rejected the bill causing a cluster. This deals with the prisoner's dilemma because countries have the right to self-regulate themselves. I believe it is the country's choice to have changes that are necessary for it's people.
Wednesday, October 1, 2008
Corporate Downsizing
Here is the website that I used to find the article: http://www.businessweek.com/archives/1993/b334510.arc.htm
The author states that there is an increasing fear and loathing of losing their jobs and employees experience this because employers and management feel the need to worry more about profit than having a commitment to their employee's. Downsizing also sends a message to the nation; leading to general worker apprehension about job security and less job satisfaction.
It is understandable if the business is going bankrupt and must layoff a couple hundred of workers, but it is not right if the company knew ahead of time if they were in financial trouble.
The author states that there is an increasing fear and loathing of losing their jobs and employees experience this because employers and management feel the need to worry more about profit than having a commitment to their employee's. Downsizing also sends a message to the nation; leading to general worker apprehension about job security and less job satisfaction.
It is understandable if the business is going bankrupt and must layoff a couple hundred of workers, but it is not right if the company knew ahead of time if they were in financial trouble.
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