Structural Unemployment

Technology has been a current trend all over the world. The labor that was previously provided by human beings is with time being replaced by machinery. Companies aim at eliminating employees in the industry to save on the cost of production. The cost of paying for the labor offered by humankind is higher compared to the maintenance and operational costs of the machinery. Additionally, the output of the machinery is much higher compared to the labor provided by the people. Firms also opt to use machinery since the output is of a higher quality compared to the production done by human labor. Thus, the process may leave many people unemployed. The above-described type of unemployment is Structural...

Business major 2

Date The role of the government is to create welfare for all the citizenry, business groups, and other parties in a country. However, legislation with good intentions may result in adverse externalities that may have adverse impacts on some people. For instance, lowering taxes increase employment and income but it makes the rich better off than the poor. One cause of the adverse outcome of legislation that has good intention is the profited-oriented nature of the businesses. The conflicting purpose of the public utilities and a private company has a negative impact on the legislation with positive intentions. A case in point is banning the box to enhance the employability of ex-convicts (Semuels...

Education as a Public and Private Good

Education as a Public and Private Good Education is both a public and a private good. It benefits both an individual who has it and the society where he or she lives. For instance, an educated person may get a job where he or she can get an income that can be used for the accomplishment of personal goals. On the other hand, a learned person may serve society with the knowledge that he or she could have. For example, a doctor benefits society with medical knowledge that he or she acquired from the university. Education may be categorized as a private good where an individual has to pay for his or her school fees. Contrary, the government or the society may have a burden to pay school fees for the...

Security Survey

Security SurveyStudent’s Name Institution Affiliation Security SurveyA security survey involves an analysis of a company’s facility, personnel, and assets with the aim of evaluating its potential risks and creating measures to protect them. This analysis ensures that an organization does not come to a standstill during a potential crisis. In fact, a security survey should be an integral part of a company’s security program as it enables the gathering of valuable information that is critical to the design and implements appropriate security systems. Risk assessment is a vital factor in security survey and is a determinant in formulating the security systems. This essay aims to discuss how...

Crime Scene

Crime Scene Student’s Name Institutional Affiliation Information that should be listed while collecting evidence is: Genetic evidence, for example, blood, hair, tissues, and human fluid. Hidden publish evidence, for example, fingerprints, footprints, and palm prints. Footwear and tire evidence. Tool and tool mark evidence. Weapons evidence. Drug evidence. Glass fragments Digital evidence The departments in charge of the professional code of ethics include the quality assurance, certification of staff, laboratory accreditation, specialization and scientific standards organizations. The quality assurance emphasizes on the required standards to ensure that crime scene users are...

Humor and Persuasion

Humor and Persuasion Name Institution Affiliation Humor plays a very integral part in the persuasion of an individual, especially in an advert. For instance, it is used to attract a consumer of a given product who has a negative attitude towards a model or a brand of that particular product. After the attraction of a consumer, it becomes easy to convince the consumer of the reasons why the brand that is being advertised is different from that which s/he has a negative experience about. The fact that humor attracts buyers, it results in the high sale being experienced on the good that is being advertised. Secondly, humor is used to change the attitude of the buyers (Cline & Kellaris, 1999)....

Pricing and Exchange rates

Pricing and Exchange Rates Name Institution A balance of payments registers all financial operation made between businesses, consumers, and the regime in one nation with others. In other words, the balance of payment refers to the recorded information of all global financial transactions completed by a nation’s residents. The balance of payments can clearly tell if a country saves adequately to recompense for its purchases from other countries across the world. It also depicts whether the nation produces sufficient economic yield to recompense for its development. If a country has a deficit in the balance of payments it means that the nation imports more products, capital, and services than...

Ethical Research

Topic Student’s name Instructor’s name Course title Institution Date Ethical behavior forms the basis for conducting meaningful and useful research in organizations. Ethics involves being able to differentiate between what is perceived to be right or wrong behavior. In the context of research involving human participants, ethics includes but not limited to the proper treatment of participants and upholding the integrity of the research. Some of the ethical considerations related to the use of human participants include ensuring voluntary participation, beneficence, respect for subjects’ confidentiality, as well as obtaining informed consent. Individual researchers have the...

How the interaction between consumers and producers enables optimal allocation of resources

How the interaction between consumers and producers enables optimal allocation of resources. A producer is a person who creates an economic value through the production of goods and services needed while consumers are buyers of the produced goods and services. In that sense, these two parties are connected by trade and prices as well as other factors like supply and demand. Prices play the role of information transmission to different agents in the market. The presence of supply and demand plays a role in determining the degree and magnitude of the relationship between producers and consumers. Demand is the need for a product while supply is making the product available (Peteraf 311). Thus, an...