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What The United States Can Learn From Japan

... high tech businesses and help existing U.S. business remain competitive with East Asia. In Japan the government both during the Meiji period and the post World War II period followed a policy of active, sector selective industrial targeting. Japan used basically the same model during both historical periods. The Japanese government would focus its tax incentive programs, subsidies, and R&D on what it saw as emerging industries. During the Meiji period Japan focused it's attention on emulating western technology such as trains, steel ...

Number of words: 587 | Number of pages: 3

Inaccuracies Of The Consumer Price Index (CPI)

... overstates the increases in the cost of living. For this reason, the CPI has been said to be inaccurate. First, consumers do change their spending patterns. Even though the composition off the market basket is assumed not to change, it does because consumers change their spending patterns. Because consumers substitute lower priced products in lieu of higher priced ones, the weight has shifted. The CPI assumes that this does not occur and therefore it overcompensates the standard of living. Secondly, because the base period was over a deca ...

Number of words: 452 | Number of pages: 2

Ray Kroc

... that they have set an example for others to follow. When Ray Kroc bought the first McDonald's in 1955, he focused on what people wanted. With this focus came the utilization of Mr. Kroc's theory of QSC ( quality, service, and cleanliness ). QSC successfully got McDonald's off the ground, but as times changed, the company saw many more market segments and opportunities. In the 1970's and 1980's once again McDonald's lead the way in the fast food industry. The changes we saw included, for example, the fact that women were now a major part of t ...

Number of words: 853 | Number of pages: 4

Minimum Wage Legislation

... fix the problem, so in most cases it has effects that we cannot foresee as it is a reaction instead of a prevention method. Minimum wage actually helps very few people. The only ones that benefit from minimum wage are those unskilled workers who are currently employed. Minimum wage restricts employment opportunities for the young, unexperienced, and those people with educational disadvantages. They will continue to find themselves handicapped in the job market as long as the minimum wage legislation remains in affect. In society today the dema ...

Number of words: 936 | Number of pages: 4

U.S. Wage Trends

... dropouts, by a sixth for high school graduates, and by about 7% for those with some college education. Only the wages of college graduates are up. Of the fastest growing technical jobs, software engineering tops the list. Carnegie Mellon University reports, “recruitment of it's software engineering students is up this year by over 20%.” All engineering jobs are paying well, proving that highly skilled labor is what employers want! “There is clear evidence that the supply of workers in the [unskilled labor] categories already exceed ...

Number of words: 1224 | Number of pages: 5

Success

... way. He defines it as to finding the best in others. When we accomplish a certain goal or excel in something, we can say that you successfuly accomplished that or excelled it. When Emerson looks at the word Success he look's at it as finding the best in others or to appreciate the beauty. Emerson tries to look at life of other people and when one is Successful because of him that's when Emerson feels he is also successful. But Success to us is when we move up in our life by accomplishing a certain goal that we faced. So if that wou ...

Number of words: 219 | Number of pages: 1

Warner-Lambert

... over time in the selling prices received by domestic producers of goods and services. This is a measure of price change from the perspective of the seller. The PPI for prescription pharmaceutical increased 22.3% during the period of July 1997 to July 1997. During January 1997-1998 the overall prescription drugs index rose 3%, the rest of the increase was attributed to a drastic rise in psychotherapeutics. This drastic increase also effected the aggregate PPI by 0.3%. Introduction: Warner-Lambert’s principal line of operation is phar ...

Number of words: 2968 | Number of pages: 11

The Promotion Of Products And People

... just as importantly. Charles addresses the fact that Coca-Cola makes a play on the cultural background of inner-city blacks in order to sell its product (Charles 353). Charles argues this by showing his audience the regional dialects and imagery Coke uses to appeal to its audience. Charles tells us about a Coca-Cola advertisement he found in VIBE magazine: The ad depicts a young black man and woman with their backs to one another, drinking out of contoured plastic Coke bottles. Behind this attractive couple is a massive fan, its blades r ...

Number of words: 1153 | Number of pages: 5

The Use Of Credit Cards

... until the balance is paid off. With credit cards however, every year more and more people get into debt. According to American Bankers Association (ABA), Americans owe more then $387 billion on their credit cards. This frightening number, averaging about $3,900 per family, is just as bad for the economy as it is for the consumers. In September of 1995, for example, The AT&T Universal card charged $15 per month for late fee to people who paid their bills just one day after the due date. Visa, on the other hand, was charging the pen ...

Number of words: 465 | Number of pages: 2

The McDonaldization Of Society

... authority structure, well-established division of labor, written rules and regulations, impersonality and a concern for technical competence. Bureaucratic organizations not only represent the process of rationalization, the structure they impose on human interaction and thinking furthers the process, leading to an increasingly rationalized world. The process affects all aspects of our everyday life. Ritzer suggests that in the later part of the Twentieth Century the socially structured form of the fast-food restaurant has become the organizat ...

Number of words: 1565 | Number of pages: 6

Strikes And Alternative Forms Of Coping

... collectively agree to stop working in order to try and force management to agree to a new collective bargaining agreement. Under the law a strike can only occur if the existing collective bargaining agreement has expired and generally strikes do not occur unless labour and management have reached a stalemate in the contract negotiations. Negotiations often stall for a number of reasons, but the most common reasons are wage and benefit levels. Often both sides over estimate the other sides willingness to concede and when both sides have give ...

Number of words: 1764 | Number of pages: 7

Labor Unions

... and merchants who rarely saw their workers. They were less concerned with their welfare than with the cost of their labor. Many workers were angry about the changes brought by the factory system. In the past, they had taken great pride in their handicraft skills, and now machines did most of the work, and they were reduced from the status of craft workers to common laborers. The were also replaced by workers who would accept lower wages. The Industrial Revolution meant degradation rather than progress. As the factory system grew, many wor ...

Number of words: 4440 | Number of pages: 17

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