Chaebols vs. Keiritsu Essay Example for Free

Chaebols vs. Keiritsu Essay The essay below talks about two major business organisations of Korean Chaebols and Japanese Keiretsus. It will be discussed the differences and commonalities of Keiretsus and Chaebol; the structure, history, and how the business is run by each organisation. Also, it talks about these two business organisations after the 1997-1998 Asian Financial Crisis. How did Chaebols and Keiretsus change its management style to overcome the bankruptcy and still keep the traditional way of management. And as a conclusion

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Book Review of January by: Elizabeth Nguyen 8B â€Å"Henry Ford† by Regina Z. Kelly is a non-fiction biography, which follows the life of a clever man born in a town called Greenfield Township, Michigan. This book revolves around Henry’s personal life, his successes, and the problems he faced. Henry was born on July 30, 1863. Over the years, Henry always had a small talent creating and fixing devices. Although he was never the best at literature, he usually found an interest in mechanical things as he grew up. He detested farming, but loved how mechanics worked. In 1879, he decided that he wanted to go work in a mechanic shop in Detroit. He started in the Michigan Car Company, and as the years passed he worked at others, like the Edison Illuminating Company, ran by Thomas Edison. On New Year’s Eve in 1885, Henry met an eighteen year old girl named Clara Bryant, who he soon married three years later. Clara was one of the key people in this book, by being a great supporter to his ideas, even if they seemed unbelievable. Especially the one about the â€Å"horseless carriage.† It was an idea that Henry had thought of. He wanted to create an automobile that wasn’t dependant on horses but rather something better. He soon began to undertake experiments to tr y to create his first automobile. When he personally met Thomas Edison, he gained his approval of Henry’s first automobile he made, and from that day, they grew a strong relationship with each other. They always supported and spent quality time with each other. After resigning from the Edison Illuminating Company in August 15, 1899, The Ford Motor Company was incorporated in 1903 with him and along with others. The Fo... ...gh man who was an executive of the business. Not many people liked him; Henry was only one of his close friends. For me, I would recommend this to other people only under a few circumstances. I find that biographies wouldn’t be a first choice for me, since I’m not really fond with them, unless it’s anyone I find intriguing. Yet, some people may be up for this type of book ¬Ã¢â‚¬â€ personal preference right? Ideally, the ones who enjoy biographies that tell the experiences of people who made an impact on the world would like this. But also, anyone who’s inspired to be a mechanic or a business person would enjoy this book, as they can get an idea of what might be happening in a business environment. Lastly, people ages ten and up will be able to read this book. Any person younger than that may not be able to understand the vocabulary and the main purpose of this biography.

Is Generation Y Unemployed or Just Lazy

Is Generation Y Unemployed or Just Lazy? In recent years, Generation Y is particularly underemployed in the United States. Some people consider sluggish economy as an important reason for Generation Y unemployed. Other said the most important reason is Generation Y is extreme laziness – despite the opportunities that await them. I agree with the second point. In my opinion, Generation Y just lazy, they don’t want to spend a lot of time to work. They are making a choice to work at companies that pay less but offer them that more free time.Although they have bachelor’s degree, they prefer to work in retail jobs. This may be due to their attributes, working attitude and government compensation. The first reason that leads to Generation Y lazy can be Generation Y’s attribute. â€Å"We can learn Generation Y does assign different levels of importance and partially assigns different levels of happiness to the five motivational factors examined in this study: re sponsibilities, compensation, work environment, advancement potential, and free time.This study represents the first attempt to explore motivational factors for the Generation Y workforce within the federal government†(Barford). Depend on my research, I learned Generation Y’s responsibility is least, and free time is the most important for Generation Y. They are making a choice to work at companies that pay less but offer them that more free time. Generation Y’s attributes showed us that they have less responsibility for company and they would like get more free time. In other word, they don’t spend a lot of time to work.Second, underemployed due to Generation Y’s working attitude. We can learn the best-paid jobs with companies ranked high among Generation Y are all in science and technology, the survey shows. Google, Intel and Microsoft are all among the top five best companies for Gen Y, ranked based on average pay for Millennial working there, jo b satisfaction and flexible schedules, among other things. At the same time, it's most common for Gen Y to work for small companies of 100 employees or less†(Hadley). We can learn Generation Y prefer to flexible schedules and chose small companies.They most likely to hold low-paying jobs in retail, so that degree is not important for them. They don’t want to study in high school or university because they can find a job without degree. On the other hand, Internet is very important for Generation Y. In fact more than half of Gen Y workers â€Å"will not accept a job that bans social media. † This report demonstrates that to Gen Y, they â€Å"consider the internet to be as important as air, water, food, and shelter and will choose a lower paying job in order to be able use it – especially in lieu of doing any actual work.Because Generation Y is lazy, they are not employed in large numbers inside America’s biggest companies. This is Generation Yâ€⠄¢s working attitude that is one of reason of lazy. The government compensation effects on unemployment, which stimulate unemployment people, are lazy to seeking job. The government unemployment compensation is likely to have increased the average rate of unemployment. â€Å"Our current system of unemployment compensation has two distinct but related bad incentives. The first one for those who are employed, it reduces and eliminated the cost of increasing the period of unemployment.The second effect for more unsteady work, it raises net wage to the employee relative to the cost to the employer. â€Å"(Feldstein ;amp; Martin, p 39). According to these two effects of unemployment compensation, it stimulates the people who are lazy to seeking job. The government unemployment entitlement gives guarantee for the people who are lose job or seeking job, however, this overprotected politics cases extreme laziness to underemployment to find job. In conclusion, I agree with this point that Generation Y is just lazy. This may be due to their attributes, working attitude and government compensation.Actually, Generation Y can improve their life quality, if they are not lazy. They have ability to get good degree and find a good job. Works Cited Barford, Ian N and Hester, Defense Acquisition Research Journal: A Publication of the Defense Acquisition University; Jan/Feb2011, Vol. 18 Issue 1, p63-80, 18p, 2 Color Photographs, 5 Graphs Hadley Malcolm, Gen Y most likely to hold low-paying jobs in retail, USA Today, 07347456, AUG 22, 2012. Feldstein ;amp; Martin. Unemployment compensation: its effect on unemployment. Monthly Labor Review; Mar76, Vol. 99 Issue 3, p39, 3p.

Has Globalization Reinforced or Undermined the Legitimacy...

Has Globalization reinforced or undermined the legitimacy of the nation-state? Globalisation is a phenomenon that has been increasingly used in the lexicon since the latter half of the 1980’s, achieving widespread and common currency amongst politicians, political analysts, academics, economists, the media, business, trade and finance. The term has become synonymous with the â€Å"global village† concept, where nations and states are drawn closer together; where economic, political and cultural spheres extend across the world’s major regions and continents. A world where development in one part of the globe will impact life in another part of the globe. The polemic surrounding the process of globalization has hitherto been a highly†¦show more content†¦Exclusive control meant an end to sharing joint sovereignty with other states, pertaining to their respective domestic jurisdictions. In the nineteenth and twentieth centuries, as states transformed into nation-states, the Westphalian system came to be regarded as the international system. Therefore with the advent of international relations between states and globalization, it becomes immediately obvious that the Westphalian system is obsolete, although the state survives in a more advanced and robust form. The concept of sovereignty originally intended to establish order within a state at the Peace of Westphalia, has been interpreted as legally, placing the state above the authority of all external laws. However in the real world today, international, political, judicial and practical obligations of states in the international system, such as becoming signatory to an international treaty, or when states are bound to abide by customary international law, the criteria of sovereignty as it was originally conceived in the Seventeenth Century is no longer is tenable. 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