Wednesday, November 27, 2019

Staffing for Global Operations free essay sample

In 21st century, we are seeing a big leap in the globalization of business and with this, the ability of management of an organization to work effectively across the cultural and national borders is playing a critical role in business success. Staffing management of multinational companies is a complex issue to the international human resource management (IHRM). With this stated, the statement, â€Å"Culture is a major variable for international management† is true in every sense.Keywords: expatriate, ethnocentric, polycentric, regiocentric, geocentric ? Introduction Culture generally refers to patterns of human activity and the symbolic structures that give such activity significance. Different definitions of â€Å"culture† reflect different theoretical orientations for understanding or criteria for valuing human activity. It refers to an ideal of individual human refinement, of the best that has been thought and said in the world (Wikipedia. org). In management, culture has a slightly different meaning.It can be explained as a set of policies, values, beliefs, and attitudes learnt and shared by the organizations member (Naylor, 2004). We will write a custom essay sample on Staffing for Global Operations or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page For this project, I will evaluate at how different kinds of management cultures in managing subsidiaries, which are located all over the world, can influence the development and growth of an organization in the modern era of globalization. International Business In the past, when people talked about international business, it only means that they exported their products to other countries.Nowadays, because of the development of free trade, any countries reduce their trade barriers in order to attract foreign companies in, to invest to and drive their domestic economy. Whenever people think about international business, it is no longer only trading from one place to another – they are thinking in terms of globalization. This means not only having investments, offices and businesses in their own country, but having similarly offices in different parts of the world as well (Citehr. com). In today’s global world, most big companies have their offices or business in many di fferent countries. Multinational enterprises often have their headquarters at their home countries and all their other offices, which may include offices in the same country but not at the headquarters and those located in other countries, need to report to them on a regular basis. Because culture is so different from one person to another and from one country to another, when an organization decides to open an office in a foreign country, they need to decide how they are going to manage their employees in the foreign country.Professionals sent a by their companies to work abroad and has been working and living in a foreign country is called an â€Å"expatriate† (Wikipedia. org). Company managers need to consider what kind of policies they should use within their subsidiaries. There are four main types of staffing for global operations: Ethnocentric, Polycentric, Regiocentric, and Geocentric approach. Ethnocentric Approach The definition of ethnocentric is â€Å"characterized by or based on the attitude that one’s own group is superior†(Merriam-webster. com, n. d. . Companies following the ethnocentric approach assume the home country approach is best and that employees from other parts of the world can and should follow its policies.Local companies may think that parent companies do not trust them and this may disincentive effect on local management morale and motivations. High costs, parent companies need to pay travel, residential, salaries, and other such expenses for expatriate employees and in most cases, the salaries for expatriate employees are much higher than salary for someone local. After assignments, normally a long-term oversea assignment is several years. The corporations need to have necessary arrangements on where the expatriates will go, and what they will do when they finish their assignments.Expatriate may not be able to adapt back to their original culture as they were away for too long (citehr. com). Polycentric Approach Polycentric staffing is an international staffing method in which multinational corporations treat each subsidiary as a separate national entity with some individual decision-making authority and hire host-country nationals as managers. This approach can minimize the dangers of cultural myopia, but it can create a gap between home and host-country operations (uslegal. com). Corporations use people from the countries in which their subsidiaries are located to fill management roles. General decisions and policies are made by local subsidiaries, which are suitable for their local environments and cultures to help them to achieve their parent company’s goals. Core strategic and functional capacities planning remain at headquarters (Marcbowles. com) Advantages of polycentric approach are low cost all the positions are recruited from the country where the subsidiaries are located. Organizations do not have to pay for travelling and accommodation expenses for the expatriate and his/her family. Increase acceptance. Government and people widely accept organizations that are willing to employ from their culture.They recognize this type of organization as legitimate participants in the local economy. It also demonstrates the business trust in the local population. Harmony, because all employees are also from the same country, they have similar culture which can reduce conflicts among the work force (Wikipedia. org) Disadvantages of polycentric approach are: Reduce of control of parent company, in this type of staffing, control exercise by headquarters may be reduce. This could make it difficult to balance local demands and global priorities.Different standards, each subsidiary have their own policies, which suit their cultures, but the standards will be different from one to another. This may lead to difficulties in achieving the organizations international goals. Short of communication. Communication between headquarters and subsidiaries is mainly just reporting. Headquarters may not know what is actually happening within the subsidiaries. This may lead to the postponement of difficult local decisions or problems as the local branches would try to solve it by themselves unless it is unavoidable (Wikipedia. rg) Regiocentric Approach Regiocentric approach is a philosophy of management whereby the firm tries to blend its own interests with those of its subsidiaries on a regional basis (College of Business Administration, 2007). A multinational corporation who has a regiocentric approach will divide parts of the world into regions. For example, a multinational company may divide Europe into different regions – Eastern Europe and Western Europe. Each corporation may have different definitions of the size of region, and which countries are in specific region. A company who adopts this approach selects suitable management level personnel within the region where the subsidiary is located. The regiocentric approach can be seen a development from ethnocentric or polycentric approach. It is similar to geocentric approach, but is limited to within different regions instead of the whole world. A regiocentric manager can be said to have a worldview on a regional scale, which could mean that the world outside the region in question might be viewed with an ethnocentric or polycentric orientation, or maybe a combination of two (marcbowles. om). Advantages of Regiocentric approach are effective; staff from the region where the subsidiaries operate will be more sensitive to regional needs. In general, people from the region will more in touch with the needs and concerns of the region and can make more suitable decisions based on this. These needs and concerns can also be communicated more effectively back to the company headquarters. Free movement, potentially, there are fewer difficulties in acquiring visas and work permits for staff moving from one part of the region to another.This will depend on the size of the region and the laws governing movement of people from one part of the region to another. Subsidiaries operating in Europe as a region should find it easy to relocate their expatriates from one part of the region to another without having to acquire work permits or Visas (ihrm. com). Some drawbacks of Regiocentric approach includes high cost, adaptability, social problems, and after assignments. Like in the case of ethnocentric approach, there is a high relocation, travel, and accommodation expenses incurred as staff are moved from one part of the region to another. Adaptability, managers who located within the region still encounters some difficulties adapting to the way of living in a different country within the region. For instance, people from Spain normally are more laid back, the pace of living and work is slower. They may find difficulties in working in fast-pace London. Social problems even though the expatriate employee(s) is not as far from home as those with ethnocentric or geocentric business, they still have to worry about how to bring their families with them or how to deal with being away from them.After assignments, as with the ethnocentric approach, the multinationals need to decide what they are going to do with the expatriates, whether or not they will have their original jobs back, and how well they can adapt to their home country after being away for a while (ihrm. com). Geocentric Approach A geocentric staffing policy seeks the best people for key jobs throughout the organization, regardless of their nationality. This approach is consistent with building a strong unifying culture and informal management network and is well suited to both global and transnational strategies.Immigration policies of national governments may limit a firms ability to pursue this policy (mhhe. com). Organizations that approach geocentric are focusing on commonalities across markets that allows corporations to take advantage of economies of scale in ways that polycentric corporations with decentralized operations cannot. Advantages of Geocentric approach are having the best employees, partnership relationship with parent companies and subsidiaries, and help in globalization. Best employees. Most of the employees that had been chosen are the most suitable person for the job. They have the knowledge and experience for the area in which they are recruited. Partnership relationship. The relationship between the parent companies and their subsidiaries are in partnership form. They are interdependent on each other. This kind of relationship is of more value due to each other’s presence. Help in globalization. Organizations recruit people from all over the world, which can help them to develop their business worldwide. Personnel are from every part of the world; their different cultures can help organization to achieve their goal and their local objectives (Wikipedia. rg) Just like the other approaches geocentric approach also have its own drawback, which includes, high cost and social problems. The regiocentric approach allows interaction between managers of an organization’s subsidiaries transferred to their organization’s regional headquarters. Managers have more sensitivity to local conditions as locals mostly staff the subsidiaries. It works in a similar way as the polycentric approach but towards a geocentric direction. The geocentric approach develops practices for worldwide use, which could be seen as seeing the global workforce as a whole. (ihrm. com) Which approach is the best? From the findings I got, there is no one best method.Organizations need to understand their aims and goals in order to decide which approach is the most suitable for their business. An organizations strategy on globalization strongly influences the approach it takes to management. It involves looking out and seeking competitive edge over other organizations by emphasizing and providing training for gaining insightful understanding of their global markets across different cultures and hence mobilizing the motivation triggers of their staff.

Sunday, November 24, 2019

Symbolism and Parallelism In The Great Gatsby †English Essay

Symbolism and Parallelism In The Great Gatsby – English Essay Free Online Research Papers F. Scott Fitzgerald is known for his complex use of symbolism and his relentless use of parallelism to tell his readers a story that not only keeps them well entertained but has a deep meaning hidden between its words. One of Fitzgerald’s greatest books, The Great Gatsby has both the use of parallelism and imagery. One such use of imagery is his use of time throughout the whole book. This consistent use of time is not to show progression but to show the reader a deeper meaning of the Great Gatsby. The use of time comes into play once again when Nick forgets his thirtieth birthday, but this time it can be seen that the significance of this event is relative to the parallelism between Nick and Gatsby. The parallelism that Fitzgerald constructs between Nick and Gatsby ultimately leads to a significant realization when Nick remembers his thirtieth birthday. This parallelism is that they want to achieve a dream, a dream to become wealthy beyond imagine and become eternally happy forth rough. Fitzgerald uses this parallelism to show that this is indefinitely wrong. As Gatsby is fighting to â€Å"get† Daisy from Tom, Nick begins to realize that the dream that he has chasing, the dream that Gatsby has been chasing â€Å"†¦ was already behind him†¦Ã¢â‚¬  Gatsby’s dream was already behind him because he couldn’t change his past. This past ideal is parallel to Nick forgetting his thirtieth birthday, Nick knows that he is much too late to accomplish his dream, just as much as Gatsby has, and that he, like Gatsby, has already put his dream behind him, locked away in the unchanging time that Fitzgerald laces throughout the story. Nick’s thirtieth birthd ay is the turning point for Nick when he realizes that the dream was false because there are some things like time that cannot be bent. When Fitzgerald writes, â€Å"So we beat on, boats against the current, borne back ceaselessly into the past.† he is telling his readers that this timeless dream of becoming rich and ever happy will always be, because there are people like Gatsby who sill fight against society to achieve his dream. Fitzgerald makes it clear in this sentence that no one will achieve this dream because it is impossible to fully achieve. Gatsby may have been so close to achieving his dream, â€Å"that he could hardly fail to grasp it.† But he failed because the dream is false, Gatsby can’t change some things even though he has all the money and wealth imaginable, he can’t change back time to get Daisy. At the time of Nick’s remembrance of his thirtieth birth day he realizes this same idea, that the dream is false and that nothing ca n be done to change the past or how happy one is with wealth. Nick’s thirtieth birthday shows how false his dream really is and that is the main significance Fitzgerald is trying to convey here. The use of time ties into the falseness of the dream. Gatsby thinks that he can get daisy but he can’t change the past and loses her. When Nick sees this happen it reminds him of how he won’t be able to change his thirty years of following the same dream that Gatsby has fallen victim to. He knows that the dream is false and that thirty is now†the promise of a decade of loneliness, a thinning list of single men to know, a thinning brief-case of enthusiasm, thinning hair.† Later in Nick’s realizations he finds comfort in Jordan’s hand, â€Å"†¦ there was Jordan beside me, who, unlike Daisy, was too wise ever to carry well-forgotten dreams from age to age.† This shows that nick’s remembrance of his thirtieth birthday brings about his realization that his dream is a â€Å"well-forgotten dream†. He learns at this point from Gatsby’s failure that the dream he is in search of is completely false and that he has no reason to go after it. He has become at this instance like Jordan who isn’t chasing after some dream that in its true reality, creates a worse situation then promised by the age old dream that wealth brings happiness. In the end Nick’s birthday signifies the turning point of the story, where everything is revealed and then resolved. When Gatsby fails to grasp his dream, Nick realizes the falsness og the age old dream and stops chasing it. Fitzgerald’s use of time and Nicks thirtieth birthday to show the falseness of the dream shows how complex and tied together story the Great Gatsby really is. Research Papers on Symbolism and Parallelism In The Great Gatsby - English EssayMind TravelThe Masque of the Red Death Room meaningsCanaanite Influence on the Early Israelite ReligionHarry Potter and the Deathly Hallows EssayEffects of Television Violence on ChildrenTwilight of the UAWThe Effects of Illegal ImmigrationAnalysis Of A Cosmetics Advertisement19 Century Society: A Deeply Divided EraCapital Punishment

Thursday, November 21, 2019

IT Governance and Law Essay Example | Topics and Well Written Essays - 3000 words

IT Governance and Law - Essay Example CRM or Customer Relationship Management is the process whereby all the information relative to a customer linked to an organization is properly catered. This is done mainly with the help of information systems. Proper handling of information relative to customers is the key to the prosperity of any organization. The processing of customer related information such that it becomes the center of the information flow of any organization is the core responsibility of the Customer Relationship arena or CRM. Traditional CRM systems have been promoting the business arena for a number of years now. Benefitting from their services organizations have also evolved with the increasing technological advancements. The way CRM systems have incorporated with the emerging phenomenon of Cloud Computing and what the implications of such incorporation may be are integral need of the day discussions. The report is aimed such that the relativeness of CRM systems is narrated first as an introductory term an d then as a discussion evaluating the significance of the conventional old systems and the new cloud incorporated systems. Figure 1: Customer Relationship Management. ... omized particularly to each business’ needs CRM systems not only manage data but also result in the overall analysis and prosperity of sales figures. CRM for Investment broker? The main services that a Retail brokerage firm offers are collectively termed as Wealth Management Services. These include coverage of stock trading for individual investors, investments in different mutual funds and other financial products like insurance products. They also offer advisory services to strengthen their relationship with their customers. A new class of customer relationship managers has emerged that focused specially the business of offering financial services. Due to this development it is extremely essential for the Retail brokerages to opt for a sophisticated and proven Customer Relationship Management system in order to achieve better productivity, customer satisfaction and yield. What is cloud? The term cloud has become much prevalent nowadays. The cloud, in common words, may be ref erred to as a collective pool of resources which can be accessed by multiple users. The usage of the resources on the cloud is often associated with the authorizations given to the users but as per need the resources may be made publically accessible as well. The core concept of cloud, in a formal definition narrated by the National Institute of Standards and Technology (NIST) the organization terms cloud as: A model that provides accessibility to a set of resources being made available in the form of a pool. The resources are linked to network access of the on-demand type, which is being provided with suitability. The examples of the shared computing resources may be networks, storage areas, services, applications and servers etc. These readily available resources are available with very little

Wednesday, November 20, 2019

Consumer Analysis of new video game store in London Ontario Research Paper

Consumer Analysis of new video game store in London Ontario - Research Paper Example ormation as age, income, and gender characteristics, while behavioral analysis provides some patterns of behavior common for the targeted audience (Acsbdc.org, n.d.). According to the Statistics published by the government of Canada, the population of London census metropolitan area, Ontario in 2011 was 474,790. The percentage of children aged between 0 to 14 comprised 16,6%, the working age population - 68,4%, and the percentage of the population aged 65 and over – 15,0% (Statistics Canada). Population by sex category is divided into male and female, whereas there are 229,950 males and 244,840 females. Below are presented visual illustrations of both age and sex distribution. Behavioral analysis of the customer is also knows as a psychographic profile which is applied for identifying and evaluating the factors influencing consumers’ choice. Thus, in a given case study, behavioral analysis should be used in order to analyze the reasons why customers make decision to buy products at Push Star versus the products sold in other locations (Acsbdc.org, n.d.). There were identified four major factors, including the following: price, store location and accessibility, assortment and availability of new games. Price is essential for users of video games. This factor is critical as with the development of Internet technology and accessibility of free online platforms make video games less competitive on the market. Convenience and accessibility of the store also will play an important role in the inflow of potential consumers. Assortment of the video games and other relevant products also will have impact on the consumers’ behavior. The greater the ra nge of video games is offered the greater customer’s loyalty will be. Availability of newly issued video games will also influence customer’s choice of the video game’s retailer. This group is the largest demographic for rental services. Customers of this age are more focused on rentals from the traditional rental

Sunday, November 17, 2019

Art History Assignment Example | Topics and Well Written Essays - 250 words - 3

Art History - Assignment Example A virtual tour, however, allows one to see all the details. In addition, there is the capability of zooming to get the finer details. Two religious paintings, the Ghent Altarpiece, commonly referred to as the Adoration of the Mystic Lamb from Ghent (Northern Europe) and Cimabue’s Madonna Enthroned from Italy, were created during the Renaissance for the same religion – Christianity .For this reason, the two have many similarities in spite of the differences in Renaissance settings of the two regions -Northern Europe and Italy. The two paintings have a span of more than a century apart, with the latter being the older. Both of these paintings were made at the helm of the Catholic Church in a Catholic and have Catholic background. The Ghent Altarpiece features Jesus as the main figure in the art piece while the Madonna Enthroned features Mary, the mother of Jesus; both of them prominent figures in the Catholic Church. In the Ghent Altarpiece, Jesus is seated on a throne and holding a scepter- a symbol of His royal power; conversely, Mary is also sitting on a throne and holding baby Jesus. Both of them are surrounded by numerous figures; Jesus is surrounded by Apostles while Mary is surrounded by angels wearing halos. In both, these figures help Christians to reach heaven. In addition, both Mary and Jesus are wearing long robes, also a symbol of royalty. A further analysis of the two pieces of art reveals little space around the two figures. There is even less space around Jesus. In both, there is symbolic gesturing with the hand; with Mary gesturing toward her son, symbolizing hope for the world. J esus also gestures with His hand; symbolic of the calling of all peoples of the world to come to Him. The striking difference is the use of color in the paintings. While the Ghent Altarpiece has much darker colors, the Madonna Enthroned has more bright colors. Further, there is a difference in time in the two paintings. While the Madonna

Friday, November 15, 2019

Enterprise Application Integration and Business Intelligence

Enterprise Application Integration and Business Intelligence Table of Contents (Jump to) Abstract Enterprise Application Integration Enterprise Application Integration requirements EAI integration Architecture EAI using XML interface Case study on Business Intelligence Steps converting file onto open source XML EAI moving forward Advantages and disadvantages of Enterprise Application Integration Conclusion References List of Figures Need for Enterprise Application Integration Abstract Business Intelligence helps in strategic alignment of businesses. By performing visualization and applying several Business Intelligence tools; company can understand in better way how the people, processes, income and technology can be used together at an Enterprise level. Enterprise Application Integration is an informal process which has been carried out with integration of various applications. With this research paper we can clearly understand EAI approach to integration, different level of interfaces and EAI with XML, also we can describe the advantages of Enterprise Application Integration at enterprise level. We will also study the case study on how different file formats gets converting with the help of Open source XML tool. Key Words: Enterprise Application Integration, Open Source XML, Metadata, Online Analytical Processing Engine (OLAP), Interface. Enterprise Application Integration Enterprise Application Integration is the combination of informal processes were all applications are integrated together to share information and processes freely. EAI helps in rethinking of technology which helps in making decisions in shorter duration with less cost. In today’s world vast majority of firms are depending on newer applications and hence integration of new applications at an enterprise level not only saves millions of dollars for different corporations who share application information inside the organization or with other multinational firm. Figure below gives the clear idea how the applications are integrated and the need EAI. (Linthicum, 1999) Need of Enterprise Application Integration Enterprise Application Integration requirements Business Process Integration: Most important thing for any organization is to check the process at which the integration and exchange of information takes place. Business Process Integration involves the management process, modeling and work flow. This helps in reducing the cost and satisfies the customers’ needs. Application Integration: Real time integration needs to be done by bringing data form one application to different application. In order to integrate successfully, backend application needs to be supported by Customer Relationship (CRM) Model and Business to Business integration model. CRM with backend application will help in building good systems for different businesses. Data Integration: Data needs to be integrated for successful Business Process and Application processes. Metadata must be constructed, location for that data needs to identify and recorded. By this way data can be shared with various database systems, available in XML, COBRA, EDI, COM+DCOM. Platform Integration: Platform Integration provides the tool that helps in communicating the systems optimally and securely. And data can be transferred to different applications. All these are needed requirements for Enterprise Application Integration (EAI) for eliminating different errors in integration. ( Fenner, n.d.) EAI Integration Architecture EAI consist of two types of Architectures, Direct point to point and Middleware based. Point to point architecture: If there are less systems to integrate this type of architecture is most valuable, easy to understand and helps newer websites to integrate with current sales order system. The disadvantage with this approach is that it will not provide integration with multiple systems. Also the coupling, dependencies and multiple integration points are its drawbacks. And hence we need to provide intermediate level for this integration points. Middleware architecture: A better way to integrate the organizations is to mediate with different applications. Generic interfaces can be provided and passed to different applications and each interface defines the process. With the help of middleware architecture routing, separating, aggregating is done on data; in this way applications can be modified, added or removed. ( Fenner, n.d.) EAI and different level of Interface We can understand EAI at an application level interface, data level interface and user level interface. Application level interface: This type of interface is most common interfaces which gives developers customized interconnection at various level of interface. With the help of Application Interface the developers can access to business processes and perform encapsulation of data without entering the database. Other advantage at Application Interface is to provide the mechanism which helps in sharing of data. Application level interface uses application programming which is used to connect servers, databases and middleware layers. Let us consider two systems one is the older system which is COBOL and other is the latest application interface system EAI, in order to have successful communication we use programming languages like C,C++ and java. To get the information of customer or to have product quantity we can write GetCustomerInformation (â€Å"cust_no†) Quantityavalilable (â€Å"product_no†) Data Level Interface: It involves the process of business flow directly with public interface with different applications. This level of interface is very much important as it customers data stored at various databases of an organizations. Several data centric flow tools are emerging in the market for e business, customer relationship management and business intelligence. Let us consider Data level EAI by taking an example were the needs to be moved from Oracle database to Informix, here a developer needs to understand metadata for each database. After this the second step is to find duration and frequency at which the transformed. There are various tools such as message brokers, database replication software, custom build utilities, etc. User Level Interface: This is widely used interface level with a mechanism for accessing logic and data. It has a mechanism of screen scraping in which the information present on the screen is accessed through programming language. It also uses middle ware drivers for processing and data transmission. (Linthicum, 1999). EAI using XML Interface In order to access the database using XML interface organizations needs to purchase custom â€Å"connector† application that helps in converting different formats in to XML form. XML messaging is used between an application and a portal server which helps in retrieving the native data through a portal. XML has various features like BizzTalk routing details, portal instructions that help in messaging, sending and receiving to applications. All depends on XML schema which is like a pattern, having information regarding message. It also uses to update, delete or modify the documents as well as update the metadata for specific documents. The sample below gives the XML file which provides one way and bi directional channel between portal and external source. (Hameed, 2004). BizTalk Routing Details filetype=txt mode=1> 12300 Steve Steve 7432 Silver Columbia 21045 2345678 4320659 01/06/1999 window.NREUM||(NREUM={});NREUM.info={"beacon":"bam.nr-data.net","licenseKey":"de6e6cfad9","applicationID":"221047987","transactionName":"bl0HMhMFDEYCWhJeWlcXMBQISwdGEFgfRBpYShEPAggHGxNRFg==","queueTime":0,"applicationTime":1,"atts":"QhoERFsfH0g=","errorBeacon":"bam.nr-data.net","agent":""} Case Study on Business Intelligence In this case study we can see how Winwise a leading software designer company wants to integrate reporting tool, reportsmith.net with Microsoft office software to satisfy customer’s demand. Reportsmith.net tool is providing cascading style sheets to change the application appearance; multiple reports can be created with drill down capability, data filtering, KPI and much more. Users with this tool are more flexible with applying filters, format graphs and tables and integrate them onto graphic charts and exports report with the help of Microsoft ASP.NET file format. The only disadvantage with ReportSmith.net is that users cannot export data to Microsoft excel sheets. As a result of which converting and deployment of report on binary file format is a big problem. Open source XML helps Business Intelligence with binary file formats that are helpful for exporting billions of documents and helps in exporting reports to Microsoft excel sheets. Winsight is a tool by which all queries are addressed to SQL server, online analytical processing (OLAP) engine in XML for analysis and return XML flow carried which was carried before. This flow can be displayed with the help of XML schema that converts file in to Open XML. By this way Winsight can sort out customer’s requests and convert any file into Open XML with which reports can be exported onto Microsoft excel sheets. And hence data integration is done at an Enterprise level. (Microsoft, 2007). Steps to Convert File into Open Source XML Select the package that is needed to be converted to Open source XML. Next thing is to generate XML schema. Using File name field set the desired output file. Using encoding field encode the desired XML. Generate the schema by clicking on generate button. Generated schema will be seen in progress edit box.( Web report, 2013). EAI moving Forward It is always better to know the present state and future state of Enterprise Application Integration; we need to think different approaches with respect to different technology. Message brokers, Open source XML are various tools which help in successful integration of Application to Application and Data base to database. Enterprise Data Interchange and XML are the sound solutions for integration, but organizations now days are moving for message brokers which are most cheaper and flexible approach. Security, Performance and administration are top aspects for company. (Lincthium,1999) Advantages and Disadvantages of Enterprise Application Integration With the help of message broking; applications can communicate asynchronously, messages can be send with less response time and less repetitive configuration. This disadvantage with EAI is that it uses central engine and broker can fail the whole network. All the applications run concurrently so messages between all applicants should pass through central engine. Message broker technique with its central engine also not suitable for larger geographic locations. Finally integration will be big problem with different vendors, internal systems, etc. Conclusion Enterprise Application Integration is successful tool in integrating different applications for many companies in IT industry. We have studied integration at data level, application level, and business level at different platforms. Also we have studied point to point architecture and Middleware architecture. We have seen Enterprise Application at different level of interface. Implementing Application Integration provides flexibility in interfacing different file formats with the open source XML tool, also we have seen the case study of Winwise organization, how they have interface Reprotsmith.net tool with Microsoft excel and successfully imported the reports. In conclusion we can say Enterprise Application Interface has advantages and disadvantages in parallel. References Linthicum, D.S. (November 5, 1999). A textbook on ENTERPRISE APPLICATION   INTEGRATION: Addison Wesley Ballard. C, Hamid. A, Frankus. R (August, 2006). A textbook on Improving Business   performance Insight: With Business Intelligence and Business Process Management:  IBM:Red Books. Microsoft. (August 30, 2007). Solution Provider Uses Open XML to Create Scalable Business   Intelligence Tools. Retrieved on January 24, 2013 from http://www.microsoft.com/casestudies/Microsoft-Office- 2007Suites/Winsight/Solution- Provider-Uses-Open-XML-to-Create-Scalable-Business-Intelligence-Tools/4000000485 Fenner. J ( n.d.) Enterprise Application Integration Techniques retrieved on January 25, 2013  from http://www0.cs.ucl.ac.uk/staff/ucacwxe/lectures/3C05-02-03/aswe21-essay.pdf Hameed. S ( March 26, 2004). Enterprise Application Integration (EAI) using XML: Codeguru,  retrieved on January 26, 2013 from http://www.codeguru.com/cpp/i-n/internet/xml/article.php/c6773/Enterprise-Application-Integration-EAI-Using-XML.htm Web Report ( January 14, 2013).XML schema generation retrieved on January 26, 2013 from  http://www.sparxsystems.com/resources/xml_schema_generation.html

Tuesday, November 12, 2019

Purpose of Oral Hygiene in Conjunction with Chlorhexidine :: Nursing

Purpose of Oral Hygiene in Conjunction with Chlorhexidine Evidence- Based Practice Proposal The basis for the proposal is ventilator-associated pneumonia’s (VAP) occurrence can potentially be controlled by cautious consideration to the process of oral hygiene, where routine oral hygiene versus oral hygiene in conjunction with chlorhexidine (CHX) are examined to make sure the ideal outcomes for these patients occur. Background A ventilator- associated pneumonia (VAP) is a critical contamination preventable by a multitude of prevention strategies aimed at the care process. Pneumonia is an infectious disease of the organs of the lungs, with the ventilator as a device that facilitates patient respirations by providing oxygen through a tube. The tube can be located in a patient’s mouth, nose, or through a hole in the front of the neck, with the tube attached to the ventilator. Therefore, a VAP is pulmonary pathogenic infectivity that cultivates in a ventilator patient (CDC, 2010). Problem Statement A multitude of risk factors for VAP have been recognized with one of the risk factors as the colonization of the oral cavity by probable pathogens. After 2 days of entering the intensive care unit (ICU), seriously ill patient’s oral flora changes to mainly gram-negative inhabitants including more powerful organisms. Dental plaque offers an environment for microbes at fault for VAP, and probable pulmonary pathogens can colonize this plaque specifically of patients in the ICU (Munro et al., 2009). For the most part, there exist 2 approaches of intervention to eradicate the microbes on the dental plaque in critically ill patients: mechanical intervention and direct pharmacological. Even though mechanical elimination may be a successful approach for removal of oral pathogens, oral hygiene is deemed standard nursing care, often uncared for in critically ill patients or is performed by rapidly swabbing the patient’s oral cavity (Pedreira et al., 2009). Significance of Problem VAP is preventable with oral hygiene as one of the multitude of vital prevention strategies for VAP. VAP is significant because 15 % of all infectivity borne at the hospital and nearly 1/3 of all infectivity obtained in the ICU is VAP. Institutional fatality of VAP in ventilated patients is 46% measured up to 32% for ventilated patients who do not contract VAP. VAP extends ICU and hospital stay, totaling an extra $40,000 to the admission. VAP is the principal source of mortality of hospital associated infections (Pyrek, 2010). Target Population, Target Setting, Clinical Question, Objective The target population is the dependent adult oral care ventilator population susceptible to VAP.

Sunday, November 10, 2019

Input-Output Multiplier Analysis for Major Industries in the Philippines.Pdf

11th National Convention on Statistics (NCS) EDSA Shangri-La Hotel October 4-5, 2010 INPUT-OUTPUT MULTIPLIER ANALYSIS FOR MAJOR INDUSTRIES IN THE PHILIPPINES by Madeline B. Dumaua For additional information, please contact: Author’s name Designation Affiliation Address Tel. no. E-mail Madeline B. Dumaua Statistician III Statistical Research and Training Center Quezon City +632-4260620 [email  protected] gov. ph INPUT-OUTPUT MULTIPLIER ANALYSIS FOR MAJOR INDUSTRIES IN THE PHILIPPINES1 by Madeline B. Dumaua2 ABSTRACT The study aims to assess the impact of the different major industries of the Philippines using Input-Output Multiplier Analysis. It attempts to do this by using the 2000 Input-Output Accounts of the Philippines (I-O Accounts), the most recently published tables by the National Statistical Coordination Board (NSCB). As the economic importance of the 11 major industries is growing among the policy makers and researchers, this study applied input-output technique in determining economic effects to gauge the significance of these industries in generating output, income and employment. Key sectors are identified in term of multipliers; the higher the multiplier, the stronger is the ability of the corresponding sector to create multiple impacts in the economy. The obtained multipliers showed that among major industries, the Manufacturing Industry showed the highest final demand-to-output multiplier; the Construction Industry gained the highest output-to-output multiplier; and Private Services Industry is found to have the highest income and employment multipliers. KEY WORDS: Input-output, Multiplier 1. Introduction Sectors of an economy are naturally interdependent. An input stimulates production in a sector directly, but it may also stimulate production in other sectors as well, where the intensity can be downgraded. The residual effect of an input beyond the intended sector is called multiplier that describes interrelationships among sectors of the economy. The multiplier effect provides a quantification of the direct and indirect effect on growth of the sector, possibly measured in terms of production output. Different economic multipliers like those for output, income, and employment can be used to determine economic effect for an industry. The Leontieff model or the Input-Output model can be used to track the complex web of production linkages among industries in the country within the framework of interdependencies. This study will assess the impact of the different sectors of the economy in terms of output, income and employment. Thus, Input-Output multiplier analysis was performed to determine the effect of the different major industry groups. 2. Objectives of the Study The study aimed to measure the economic effects of the major industry groups using Input-Output Multiplier Analysis. Specifically, the study intended to: 1. easure the multiplier effect of changes in final demand on the output of individual industries and the whole economy (Final Demand-to-Output Impact Multiplier) 1 2 One of the in-house research undertakings of the Research and Information Technology Division (RITD) of the Statistical Research and Training Center (SRTC) of the National Economic and Development Authority (NEDA) Statistician III, Res earch and Information Technology Division (RITD) of the Statistical Research and Training Center (SRTC) of the National Economic and Development Authority (NEDA) 1 2. etermine the impact of changes in each industry’s output on the total output (Outputto-Output Impact Multiplier) 3. find out the impact of changes in each industry’s output on household income (Household Income Multiplier) 4. determine the impact changes of output in an industry on employment (Employment Multiplier) 3. Significance of the Study In economics, the multiplier effect refers to the idea that the initial amount of money invested by government leads to an even greater increase in national income. In other words, an initial change in aggregate demand causes a change in ggregate output of the economy that is multiple of the initial. This measures the degree to which various businesses and households in an economy are interrelated. This measure the impact of a given external change, such as new inv estment, export expansion, start up of a new businesses, on total economic activity in a given community or country, through the respending of new dollars within that economy. The multiplier has been used to justify government spending or taxation relief that will stimulate aggregate demand. Many governments consider spending/tax break as instruments to stimulate aggregate demand. This is usually implemented during a period of recession or economic uncertainty. The money invested by a government is believed to create more jobs, which in turn will mean more spending that further fuel activities in various sectors of the economy. The idea is that the net increase in disposable income by different stakeholders throughout the economy will be greater than the original investment. As this happens, government can increase the gross domestic product by an amount that is greater than an increase in the amount it spends relative to the amount it collects in taxes. Multiplier focuses on the relationship between spending and consumption. It is also referred as expenditure multiplier. The concept holds that a spending, whether initiated by the government, corporations or households, will trigger the national income. Expenditure multiplier does not differentiate between consumption and investment spending. Examples of multipliers include I-O multipliers which are derived from I-O tables and show the impact of spending in certain industry on various economic variable including GDP, employment, output and wages and salaries, etc. . Limitations of the Study The paper makes use of the 2000 Input-Output tables from the National Statistical Coordination Board (NSCB). It only uses I-O multiplier analysis in estimating multipliers. While I-O multipliers can be a rich source of information, they also have some limitations. These include: I-O models treat all inputs as complements and exclude substitutes implying that increases in the demand for one input w ill only lead to demand increases for other inputs. The I-O model does not consider price-adjusting behavior or substitution effects. Because the model is entirely open, there is no scarcity of resources. The economy is assumed to have limitless amounts of all the inputs it requires. 2 I-O models produce a snapshot of the economy at a given point in time. Structural changes in the economy over time will reduce the validity of results produced by I-O models. Analysis based on I-O models does not explicitly consider alternatives and tends to show only benefits of expenditures while ignoring costs. The impacts considered through the I-O model are short-term and at the margin: there is no consideration of whether the economy has the capacity to incorporate the changes and whether changes in production are sustainable or cost competitive. Given these limitations, I-O multipliers can still provide a useful, but rough, initial indication of the economic impact of changes in spending in different industries. 5. Data and Methodology This study was primarily carried out based on the 2000 Input-Output Accounts of the Philippines (I-O Accounts), the most recently published tables by the National Statistical Coordination Board (NSCB). In order to assess the economic effect of all major industries in the whole economy, the Input-Output Multiplier Analysis was used. The major industry groups used in the study include the following: For the employment multiplier analysis, data for the total number of persons employed in each industry was taken from the 2000 Census of Philippine Business and Industry (CPBI) of the National Statistics Office (NSO) while data for the Gross Value-Added (GVA) was taken from 2000 Economic Accounts of the NSCB. Table 1. Major Industry Groups Major Industry Groups Code 01 Agriculture, Fishery and Forestry 02 Mining and Quarrying 03 Manufacturing 04 Construction 05 Electricity, Gas and Water 06 Transportation, Storage and Communication 07 Wholesale and Retail Trade 08 Finance 09 Real Estate 10 Private Services 11 Government Services 5. 1 Computation of Final Demand-to-Output Multiplier The step by step procedure in generating Final Demand-to-Output multiplier analysis is described below: 1. Get the column elements of the inverse matrix for all major industries. 2. Multiply the column elements by the impact variable to get the specific impact on each industry. . Get the total of the column elements of the inverse matrix for all major industries. 4. Multiply the total column elements by the impact variable to get the impact on the entire economy. 3 5. 2 Output-to-Output Multiplier The step by step procedure in generating Output-to-Output multiplier analysis is described below: 1. 2. 3. 4. Obtain the IO inverse matrix for all major industries. Divide each column by its diagonal element. Get the column sums of the output-to-output inverse matrix. The column sums are the output-to-output multipliers for each industry. 5. 3. Household Income Multiplier The step by step procedure in generating Household Income multiplier analysis is described below: 1. Get the household income coefficients of all the major industries in the economy by dividing the compensation of employees by the total input of the corresponding industry. 2. Multiply the column elements of the inverse matrix of all major industries by all the household income coefficients. 3. Add all the products to get the household income multiplier. 5. 4 Employment Multiplier The step by step procedure in generating employment multiplier analysis is described below: 1. Get employment coefficients of all industries in the economy by calculating the employment in each industry and dividing it by gross value-added (GVA). Data for the total number of persons employed in each industry was taken from the 2000 Census of Philippine Business and Industry (CPBI) of the National Statistics Office (NSO). Data for GVA was taken from 2000 Economic Accounts of the NSCB. 2. After getting the employment coefficients, get the employment multiplier. Employment multiplier is computed by multiplying employment coefficient with inverse matrix. This gives the individual effects of construction for each industry. If we sum up the multipliers, this somehow gives an effect of the construction industry in the economy. 3. In doing simulation, i. e. , government increases construction output by One (1) Billion, multiply the 1billion increase to each employment multiplier where the result will provide possible additional jobs in every industry creating a corresponding effect in the whole. 4. These multipliers are additional jobs aside from the existing employment in the construction. In other words, the multiplier analysis assumes that from start to finish, these additional employments were generated already, or in place. The IO multiplier analysis cannot determine whether these additional jobs happened before, during or after the construction stages. 6. Results and Discussion 6. 1 Summary of Multipliers Following the computation procedure presented above, the I-O multipliers were estimated for output, income and employment in the Philippine economy. An I-O model has the ability to identify the important sectors of an economy at a national (or even at a regional level). Key sectors are identified in term of multipliers; the higher the multiplier, the 4 stronger is the ability of the corresponding sector to create multiple impacts in the economy. The sectoral multipliers are used in the impact analysis to estimate the impacts for policy change in all 11 sectors, see Table 2 for details. Among the 11 major industries, the Manufacturing Industry yields the largest finaldemand to output multiplier of 2. 15. The Construction Industry and the Transportation, Communication and Storage Industry constitute the second and third most important output generating industries with both multipliers of around 1. 93, respectively. However, output-to-output multiplier shows that the Construction Industry yields the highest multiplier of 1. 2, which means that a one-peso change in the output of the Construction Industry generates a 1. 92 pesos worth of additional output in the economy. This is followed by Transportation, Communication and Storage and the Private Services, with multipliers of 1. 85 and 1. 70, respectively. Output-to-output multipliers can be used to measure the impact of a change in output in a particular industry on the output of the whole economy. The Private Services Industry is the most important income generating sector with the highest income multiplier of 0. 39. The second most important sector is the Construction Industry in terms of income generation which is holding an income multiplier of 0. 36. The Agriculture, Fishery and Forestry ranks third among the income generating industries with an income multiplier of 0. 33. 5 Table 2. Summary of the Multipliers: Final Demand-to-Output, Output-to-Output, Household Income, and Employment. Final OutputHousehold Total DemandOutput Income Employment Industry Description Output Multipliers Multiplier Multipliers Multipliers Agriculture, Fishery and Forestry 1. 466693 1. 321942 0. 336922 0. 000001 Mining and Quarrying 1. 702768 1. 647777 0. 235379 0. 00002 Manufacturing 2. 152964 1. 340648 0. 265802 0. 000004 Construction 1. 937681 1. 923491 0. 365889 0. 000003 Electricity, Gas and Water 1. 567449 1. 431400 0. 198316 0. 000002 Transportation, Communication and Storage 1. 937634 1. 859610 0. 256182 0. 000003 Trade 1. 658849 1. 611999 0. 265008 0. 000005 Finance 1. 654636 1. 636633 0. 244516 0. 000003 Real Estate 1. 197308 1. 194264 0. 05703 0. 000004 Private Services 1. 919238 1. 701126 0. 391793 0. 000006 Government Services 1. 533628 1. 533628 0. 080845 0. 000001 6 The number of employment generated for a given unit of expenditure/output can be estimated by employment multiplier. The result shows that the Private Services Industry has the highest employment multiplier of 6Ãâ€"10-6. The second highest important sector in generating employment is the Trade (Wholesale and Retail) Industry with a multiplier of 6Ãâ€"10-5 followed by the Manufacturing and Real Estate Industries with both employment multipliers of around 6Ãâ€"10-5. 6. 2 Final Demand-to-Output Multiplier Effect The final demand-to-output multiplier is used to measure the impact of a change in final demand on the output of individual industries and the whole economy. This tells us about the additional output generated in each industry given an impact increase in the investment in each industry (impact variable). Table 3 shows the impact of a 100 million peso increase the investments in the 11 major industries. Results showed that this spending has the greatest impact in the Manufacturing Industry with an additional generated output of 215 million pesos. This is followed by the Construction Industry and the Transportation, Communication and Storage Industry with both an additional output of approximately 193 million pesos. 7 Table 3. Final Demand-to-Output Multiplier Effect for a 100 Million Investment. Industry Output Multipliers Impact Agriculture, Fishery and Forestry 1. 466693 146,669,300 Mining and Quarrying 1. 702768 170,276,800 Manufacturing 2. 152964 215,296,400 Construction 1. 937681 193,768,100 Electricity, Gas and Water 1. 567449 156,744,900 Transportation, Communication and Storage 1. 937634 193,763,400 Trade 1. 658849 165,884,900 Finance 1. 654636 165,463,600 Real Estate 1. 197308 119,730,800 Private Services 1. 919238 191,923,800 Government Services 1. 533628 153,362,800 8 Table 4 shows the inverse matrices of the 11 major industries, which is the direct and indirect effect of a one-peso change in final demand for a particular industry on the output of other industries and the economy as a whole. The sums of column elements of the inverse matrix for the 11 industries are called final demand-tooutput multipliers. The Manufacturing Industry yields the largest output multiplier of 2. 15 among the 11 major industries. Of its 2. 15 multiplier, the additional output generated in the Manufacturing itself for a peso change in the final demand for Manufacturing Industry is 1. 0; an additional output of 0. 19 in the Agriculture, Fishery and Forestry Industry; and an additional generated output of 0. 13 in the Trade Industry. The Construction Sector, which constitutes the second most important output generating industry, has a multiplier of 1. 93. This shows that a peso change in the final demand for the Construction Industry generates 1. 93 pesos worth of additi onal or incremental output in the economy. Moreover, of this total multiplier, a peso change in the final demand for the Construction Industry generates an additional output of 1. 00, 0. 53 and 0. 0 in the Construction, Manufacturing and in the Transportation, Communication and Storage industries, respectively. 9 Table 4. Final Demand-to-Output Impact Multipliers Code 01 02 03 04 05 06 01 1. 109499 0. 045780 0. 195436 0. 066634 0. 030540 0. 073292 02 0. 013579 1. 033373 0. 084080 0. 055157 0. 086973 0. 031180 03 0. 241695 0. 342875 1. 605913 0. 536138 0. 238312 0. 582694 04 0. 001967 0. 013762 0. 002122 1. 007377 0. 002711 0. 002136 05 0. 018788 0. 073066 0. 045204 0. 021301 1. 095046 0. 023748 06 0. 011616 0. 026676 0. 031898 0. 108802 0. 020999 1. 041957 07 0. 028925 0. 037978 0. 131903 0. 058128 0. 042323 0. 059100 08 0. 13211 0. 025827 0. 020688 0. 028335 0. 008581 0. 042086 09 0. 001723 0. 004155 0. 004100 0. 010400 0. 001524 0. 012501 10 0. 025690 0. 099276 0. 031620 0. 045409 0. 040440 0. 068940 11 Total 1. 466693 1. 702768 2. 152964 1. 937681 1. 567449 1. 937634 Source: Input-Output Accounts of the Philippines 2000, NSCB. 07 0. 058268 0. 023337 0. 313948 0. 001075 0. 016836 0. 125663 1. 029063 0. 043095 0. 009477 0. 038087 1. 658849 08 0. 034172 0. 014104 0. 235991 0. 004210 0. 029420 0. 069130 0. 023819 1. 011000 0. 037840 0. 194950 1. 654636 09 0. 009747 0. 004625 0. 069402 0. 008938 0. 005641 0. 008494 0. 007558 0. 034009 1. 002549 0. 46345 1. 197308 10 0. 091426 0. 028537 0. 491699 0. 000990 0. 049594 0. 030003 0. 053011 0. 033758 0. 012004 1. 128216 1. 919238 11 0. 039646 0. 014503 0. 240350 0. 025834 0. 023496 0. 032847 0. 026221 0. 037171 0. 011392 0. 082168 1. 000000 1. 533628 10 6. 3 Output-to-Output Multiplier Effect In many instances, the impact on the economy comes from a change in output instead of a change in final demand. In this case, an output-to-output multiplier analysis is required. This gives us information that a one-peso or one-u nit change in the industry’s output will generate pesos worth of additional/incremental output in the economy. Table 5 shows the individual and total effects of a one-peso change in the output of a particular industry. Out of the 1. 92 multiplier for the Construction, the Construction, Manufacturing and the Transportation, Communication and Storage industries generated additional outputs of 1. 0, 0. 53, and 0. 10 respectively, for every peso change in the Construction output. 11 Table 5. Output-to-Output Impact Multipliers Code 01 02 03 04 01 1. 000000 0. 044302 0. 121698 0. 066146 02 0. 012239 1. 000000 0. 052357 0. 054753 03 0. 217842 0. 331802 1. 000000 0. 532212 04 0. 001773 0. 013318 0. 001321 1. 000000 05 0. 16934 0. 070706 0. 028148 0. 021145 06 0. 010470 0. 025814 0. 019863 0. 108005 07 0. 026070 0. 036751 0. 082136 0. 057702 08 0. 011907 0. 024993 0. 012882 0. 028128 09 0. 001553 0. 004021 0. 002553 0. 010324 10 0. 023155 0. 096070 0. 019690 0. 045076 11 Total 1. 321942 1. 647777 1. 340648 1. 923491 05 0. 027889 0. 079424 0. 217627 0. 002476 1. 000000 0. 019176 0. 038650 0. 007836 0. 001392 0. 036930 1. 431400 06 0. 070341 0. 029924 0. 559230 0. 002050 0. 022792 1. 000000 0. 056720 0. 040391 0. 011998 0. 066164 1. 859610 07 0. 056622 0. 022678 0. 305081 0. 001045 0. 016361 0. 122114 1. 000000 0. 041878 0. 09209 0. 037011 1. 611999 08 0. 033800 0. 013951 0. 233423 0. 004164 0. 029100 0. 068378 0. 023560 1. 000000 0. 037428 0. 192829 1. 636633 09 0. 009722 0. 004613 0. 069226 0. 008915 0. 005627 0. 008472 0. 007539 0. 033923 1. 000000 0. 046227 1. 194264 10 0. 081036 0. 025294 0. 435820 0. 000877 0. 043958 0. 026593 0. 046987 0. 029922 0. 010640 1. 000000 1. 701126 0 0 0 0 0 0 0 0 0 0 1 1 12 6. 4 Household Income Multiplier Effect Moreover, changes in an industry’s output can impact on household income. To quantitavely determine the impact of changes in each industry’s output on household income, a household income ultiplier analysis is needed. This tells us about the additional household income in the whole economy due to a one-peso or one-unit cha nge in final demand for each industry. Table 6 shows the individual and total effect of a one-peso change in the final demand for each major industry. Private Services Industry is found to be the most important income generating sector with the highest income multiplier of 0. 39. This means that a peso increase in final demand of private services implies an increase in household income by 0. 39. For individual effects, additional household income of 0. 29, 0. 02 and 0. 4 are generated in the Private Services itself, Manufacturing, and the Agriculture, Fishery and Forestry respectively, due to a one-peso change in the final demand for Private Services. 13 Table 6. Household Income Multipliers. Code 01 02 03 04 01 0. 293397 0. 012106 0. 051681 0. 017621 02 0. 001810 0. 137770 0. 011210 0. 007354 03 0. 023844 0. 033825 0. 158427 0. 052891 04 0. 000478 0. 003347 0. 000516 0. 244972 05 0. 002275 0. 008849 0. 005475 0. 002580 06 0. 001532 0. 003519 0. 004207 0. 014351 07 0. 005075 0. 0066 64 0. 023145 0. 010200 08 0. 001846 0. 003608 0. 002890 0. 003959 09 0. 000043 0. 000104 0. 000102 0. 00259 10 0. 006621 0. 025587 0. 008150 0. 011704 11 Total 0. 336922 0. 235379 0. 265802 0. 365889 05 0. 008076 0. 011595 0. 023510 0. 000659 0. 132620 0. 002770 0. 007426 0. 001199 0. 000038 0. 010423 0. 198316 06 0. 019381 0. 004157 0. 057484 0. 000519 0. 002876 0. 137434 0. 010370 0. 005880 0. 000312 0. 017768 0. 256182 07 0. 015408 0. 003111 0. 030972 0. 000261 0. 002039 0. 016575 0. 180568 0. 006021 0. 000236 0. 009816 0. 265008 08 0. 009036 0. 001880 0. 023281 0. 001024 0. 003563 0. 009118 0. 004179 0. 141245 0. 000943 0. 050246 0. 244516 09 0. 002578 0. 000617 0. 006847 0. 002174 0. 000683 0. 001120 0. 001326 0. 04751 0. 024990 0. 011945 0. 057030 10 0. 024177 0. 003805 0. 048507 0. 000241 0. 006006 0. 003957 0. 009302 0. 004716 0. 000299 0. 290783 0. 391793 11 0. 010484 0. 001934 0. 023711 0. 006282 0. 002846 0. 004333 0. 004601 0. 005193 0. 000284 0. 021178 0. 080845 14 6. 5 Employment Multiplier Effect Changes in every industry’s output can impact on employment. To quantitavely determine the impact changes of output in an industry on employment, an employment multiplier analysis is done. This shows us the additional/incremental employment in the whole economy due to a one-peso or one-unit change in each industry’s output. Given a 100 Billion peso increase in the investment, the number of additional employment generated can be estimated by employment multiplier. The result shows that the Private Services Industry has the highest employment multiplier effect of 572, 637 additional employment in the whole economy due to a 100 billion change in the final demand for Private Services. The second highest important sector in generating employment is the Trade (Wholesale and Retail) Industry with a multiplier effect of 504, 821 followed by the Manufacturing Industry with additional employment of 430, 785. 15 Code 01 02 03 04 05 06 07 08 09 10 11 Total Table 7. Employment Multiplier Effect Due to a 100 Billion Investment. 01 02 03 04 05 06 07 35,541 1,467 6,261 2,135 978 2,348 1,867 1,108 84,309 6,860 4,500 7,096 2,544 1,904 51,498 73,057 342,175 114,236 50,778 124,156 66,894 194 1,359 209 99,452 268 211 106 1,553 6,039 3,736 1,761 90,508 1,963 1,392 1,758 4,036 4,826 16,463 3,177 157,656 19,014 10,921 14,338 49,800 21,946 15,979 22,313 388,519 2,324 4,542 3,639 4,983 1,509 7,402 7,579 589 1,420 1,401 3,554 521 4,273 3,239 9,651 37,294 11,878 17,058 15,192 25,898 14,308 115,136 227,861 430,785 286,088 186,005 348,762 504,821 08 1,095 1,151 50,283 416 2,432 10,460 8,993 177,811 12,933 73,234 338,807 9 312 377 14,788 882 466 1,285 2,853 5,981 342,644 17,410 387,000 10 2,929 2,328 104,767 98 4,099 4,540 20,014 5,937 4,103 423,823 572,637 11 1,270 1,183 51,212 2,550 1,942 4,970 9,900 6,538 3,893 30,867 114,325 16 7. Conclusion and Recommendation This paper quantified the multipliers of the 11 major industries for the Philippine economy using in put-output technique. As the economic importance of the 11 major industries is growing among the policy makers and researchers, this study applied input-output technique to determine multipliers that will measure the significance of these industries in generating output, income and employment. The obtained multipliers showed that among major industries, the Manufacturing Industry showed the highest output multiplier; Construction Industry yielded the highest output-to-output multiplier; and Private Services Industry is found to have the highest income and employment multipliers. The results of the study will still have to be evaluated when the NSCB will release the latest I-O table. 8. Future Directions Since the study utilized a competitive type of I-O table wherein each cell element does not explicitly distinguish the domesticallyproduced from the imported, the study is bound to construct a noncompetitive or domestic type of IO table wherein the import content of each I-O transaction is netted out. After which, the Leontief inverse matrix will be re-estimated which will be used to calculate domestic multipliers for the major industries. This is important in order to be able to quantify correctly the impact of final demand on the various economic variables. 9. Appendices 9. Input-Output Analysis There are a number of methodologies developed to determine the multipliers. The most widely used approach is the input-output technique. The major strength of the input-output analysis is that it provides detailed information on the direct and indirect effects of spending on all economic measures for different industries in the 17 local economy (Loomis and Walsh, 1997). Th erefore, in order to satisfy the aforementioned objectives, the methodology employed in this paper in based on Leontief input-output techniques where structure of an economy is analyzed in terms of inter-relationships between economic sectors (e. . Miller and Blair, 1985). The inputoutput technique of a particular economy represents the flow of goods and services among its different industries for a particular time period. In the framework of the input-output technique, the relationships between economic sectors can be described in a system of linear equations where total output produced by each sector is either consumed as an intermediate input by other sector, or, sometimes internally by the producing sector itself, or, by the final demand sector, or both. The presentation of the flow of goods and services could be expressed either by physical units or in money terms. To define, let there be an economy with n-producing sectors and a final demand sector. Total output of sector i will be: Supply = Demand n Qi = ? qij + Fi j =1 (1) where Qi = gross output of industry i; qij = the sales of industry i to industry j; Fi = the final demand vector; i = 1, †¦, n. Let ij be the technical (input) coefficient which represents the amount (value) of sector i’s output needed to produce one unit (one peso) of sector j’s output; thus using the assumption of constant production coefficient, we get: a aij = qij Qi or qij = aij Q j This means that the total value of purchases of goods and services by sector j from sector i is aij Q j . Therefore, for a given target of final demand on goods and services, F, this relation defines how much each producing industry must produce in order to satisfy a particular bundle of final demand on goods and services, i. e. , Equation (1) in reduced matrix form can be written as: 18 Q = AQ + F Solving the Equation (2) can be found as: (2) (3) Q = [I ? A] F ? and [I ? A] is the total requirement matrix or mostly known as Leontief inverse matrix. ? In equation (3), Q is the output vector; I is an identity matrix The general solution of Equation (3) determines how much each industry of the economy must produce in order to satisfy a given level of final demand. It is mandatory that [I ? A] should be a equal to zero to have a unique solution in the form of [I ? A] . When ? non-singular matrix meaning that the determinant of [I ? A] does not the Leontief inverse matrix is assumed to be [I ? A]? = Z, then zij ’s stand for the elements of the Leontief inverse matrix. Each element of the Leontief inverse matrix shows the direct and indirect requirements of output sector i per unit of final demand. . 2 Output Multiplier The final demand-to-output multiplier is used to measure the impact of a change in final demand on the output of individual industries and the whole economy. This will tell us about the additional output generated in each industry given an impact increase in the investment in each industry (impact variable). An output multiplier for sector j is defined as the total value of pr oduction in all sectors of the economy that is necessary in order to satisfy a peso’s worth of final demand for sector j’s output. For the simple output multiplier, this total production is the direct and indirect output effect, obtained from a model in which households are exogenous. The initial output effect on the economy is defined to be simply the initial peso’s worth of sector j output needed to satisfy the additional final demand. Then formally, the output multiplier is the ratio of the direct and indirect effect to the initial effect alone. 19 The output multiplier measures the sum of direct and indirect output requirements from all sectors needed to deliver one additional peso of output of i industry to final demand. It is derived by summing the zij ’s or the entries in the column under industry i in the Leontief inverse matrix tables. Although the output multiplier represents total requirements per unit of final output, it is not particularly useful concept except as indicator of the degree of structural interdependence between each sector and the rest of the economy. In economic impact studies we are more usually concerned with income or employment generating effects, and these require income or employment multipliers. 9. 3 Income Multiplier Changes in an ndustry’s output can impact on household income. To quantitatively determine the impact of changes in each industry’s output on household income, a household income multiplier analysis is needed. This tells us about the additional household income in the whole economy due to a one-peso or one-unit change in final demand for each industry. The income multiplier is obtained by multiplying the row vector of income coefficient s, say e with the zij ’s, which are entries in the column under industry i in the Leontief inverse matrix tables. Row vector of income coefficients or e are referred to as salaries and wages (compensation) for each industry divided by the corresponding output. This gives us the following equation for income multiplier: ? ? I = e[I ? A] 9. 4 Employment Multiplier ? ?1 (4) Impact analyses are frequently preoccupied with employmentcreating effects of industrial expansion, because policymakers may be primarily and legitimately concerned in forecasting jobs in a particular area. For this reason, it is often useful to be able to derive not only income multipliers from an I-O model, but as well as employment multipliers. 20 The following method was used to estimate employment multipliers. The employment coefficients, l , defined as employment per million pesos of outputs, was multiplied by the zij ’s, which are entries in the column under industry i in the Leontief inverse matrix tables, in order to obtain the multiplier. Mathematically, employment multi ? plier is expressed as follows: L = l [I ? A] 10. References ? ?1 (5) Miller, Ronald E. and Blair, Peter D. Input-Output Analysis: Foundations and Extensions. Englewoods Cliffs, N. J. Prentice Hall 1985. Thijs Ten Raa. The Economics of Input-Output Analysis. Cambridge University Press 2005. National Statistical Coordination Board. The 2000 Input-Output Accounts of the Philippines. Economics Statistics Office 2000. National Statistics Office. 2000 Census of Philippine Business and Industry. Presentation Material of Dr. Cid L. Terosa, UA&P Professor. 21

Friday, November 8, 2019

Lousi riel essays

Lousi riel essays Louis Riel should not have been hung because he represented those who couldnt represent themselves. Louis Riel was disappointed with the way the Mtis were, so he took it upon himself to represent the Mtis and their rights. Even though the actions that followed, such as keeping the new governor out the colony, was illegal and very wrong. Riel risked it for the rights of the Mtis. As for Thomas Scott, Riel has absolutely no legal right to have him shot, but Riel himself never touched a gun for that purpose. He had a firing squad shoot Scott. Although, Riel may have ordered the squad to shoot, but the men could have backed down, no matter how powerful Riel seemed. After the rebellion, he was elected by Manitoba to sit in the House of Commons. Riel went to Ottawa but was not allowed to sit as a member in the House, for he was threatened by many to be shot if he appeared in the House. This was the mistake of the government. They should have sopped the nonsense and threats. For ! Riel was a man of ideas. He was a man who was knowledged in the government. It was obvious since he formed his own government. Riel would have been an asset to the Canadian government. In 1884, Gabriel Dumont rode to Montana and asked Riel to defend the Mtis once again. Riel returned to help the natives once more. Riel was risking capture when he returned. This was a very noble act on his part. Instead of staying nice and safe in Montana, Riel gave up his safety for the Mtis. Riel decided to try an unviolent approach this time instead of starting an all out rebellion. Riel and the Mtis drew up a petition and presented it to the government. The petition, which demanded more food and money for the natives, was looked over but not acted upon. The petition was fair in all parts but the government turned it down. It only demanded that what belonged to the natives be returned. In early 1885, Riel formed another pro ...

Wednesday, November 6, 2019

Self Efficacy essays

Self Efficacy essays In the Personality chapter, I have read and learned about perceived self-efficacy. The section about this important cognitive factor was very brief, but I gained a lot out of it. Based on Banduras cognitive theory, perceived self-efficacy is ones learned expectations about the possibility of achievement in assured situations. Seeing that this is an issue for me, I realize that my perceived self-efficacy about numerous things is very low in many cases. I have learned that an individuals evident behavior is controlled by their belief that they can successfully carry out a task. I think that a significance of having knowledge of perceived self-efficacy is that an individual with knowledge in this area can learn to look for the good in what I would call, not so good tasks/situations that may be presented to them in the future. What I mean by this is that, even if an individual may feel that they may continue to get dealt a bad deck of playing cards, they continue to play the game of life. Sometimes I feel like the odds of good things happening are against me. A prime example is this: I have put out so many job applications and resumes, yet I still havent received a phone call from any of the companies that I applied for. I know that I am qualified for many of the positions, since I have all of the credentials. If I didnt meet the qualifications, I wouldnt tell myself otherwise, due to my high perceived self-efficacy about working. I have come to believe that if anyone continues to see things in such a positive way, then they will become a better individual, and everything that they wish for will come to them if they truly deserve it. In high school, I had the most positive stance about everything I had attempted to do. My self-efficacy was pretty high at that point and time. Now, in college, things are different. I have had a negative mind-set about everything that I have ...

Sunday, November 3, 2019

MODERN BUSINESS in Comparative Perspective (EXAM PREPARATION) Essay - 1

MODERN BUSINESS in Comparative Perspective (EXAM PREPARATION) - Essay Example The population in the cities increased drastically. There was a widespread discontent between the rich and the poor. This triggered new reform movements. Due to the increase in American industry, many developments emerged and there was value for the American goods. In addition, due to the use of machines, workers were able to produce goods faster than they could when using hands. Moreover, the availability of natural resource played a big role in the rising of big business. In the UK, industrial revolution began in the late 1700. People manufacture goods in their homes using hand tools or basic machines. Industrialization led to the shift and there was mass production of goods. The development of the steam engine played important roles in ensuring there was an improvement in the transport, communication, and banking industry. It also brought about employment opportunities that led to the improvement of the living standards of the poor as well as the working class. Before industrialization, people used to live in the rural area practicing farming. The textile industry was transformed by industrialization that were made in people’s homes. It was difficult for merchants to regulate their own schedules in the manufacture of textiles thus resulting in numerous inefficiencies. In addition, the transport system was also advanced from the use of horse-drawn wagons to steam boat then later steam ships. Late or newly, industrialization refers to those countries whose level of economic development is between the developing and the first world classifications (Wyatt, 2009).  This means that these countries have moved from the agriculture based economy to the industrialized urban economy. Some of the countries that are industrialized include Germany, China, and Japan. The development of a the railway network fastened the transportation of goods from one

Friday, November 1, 2019

The Most Common Strategy Mistakes Assignment Example | Topics and Well Written Essays - 500 words

The Most Common Strategy Mistakes - Assignment Example He asserts that strategy is formulated while keeping customers in mind and so the value proposition is created, but this only serves the demand side of the strategy. He believes that organizations need to take into consideration the supply side of the strategy in order to be more effective and they should take both sides of the strategies to cover all grounds. Another mistake that organizations make is the overvaluation of their strengths. He believes that organizations are biased towards identification of strengths and they develop their strategies accordingly. He asserts that an organization’s strength may be best customer service, but this strength can be attained by any organization. He believes that strengths of one organization should be different from the strengths of another organization and other organizations should not be able to obtain the same strengths as one organization already has. 2. There are several barriers due to which managers fail to devise an effective strategy. Porter asserts that various obstacles are created due to covert biases that are invested in a particular business, the way the organizations are structured and the way decisions are made. For example: managers fail to obtain the accurate data required for making any form of decisions because of internal issues and conflict within the organization and there may be cases where those who are performing well are undervalued and those who are not putting in too much effort are simply sitting and absorbing all the rewards. Another issue is that managers have failed to accept and count upon differentiation strategies and they rather believe in having a huge customer base. Due to this they fail to enhance their value proposition and only focus on serving to serve. Barriers to creation of effective strategy even exist in the external environment of an organization; Porter claims that there are