Bachelor Business Degree in Management of Information Systems Enter an IT Career in the Business Environment 2019

According to the U.S. Department of Labor, more education leads to more money and lower rates of unemployment for life. A worker who has earned a bachelors degree makes $900 each week, whereas the high school graduate makes only an average of $554 each week. During the 2016 2017 academic year, a total of 307,149 bachelor business degree diplomas were awarded. Many professionals are now opting to return to school to earn a bachelor of science degree in business (BSB) . Schools, such as Kaplan University, offer online bachelor business degrees for those working professionals who wish to advance or further develop their careers. Kaplan students can obtain their bachelor business degree in management of information systems or in one of three alternative specialty areas, including accounting, finance, and business security and assurance. Spotlight on Management of Information Systems at Kaplan University Business students who choose to focus on the management of information systems at Kaplan University learn how to manage systems development and stakeholder expectations. BSB management of information systems students acquire the technical skills essential for developing systems and controlling their life expectancies, and gain an understanding of how software and hardware fit the needs of various users. Kaplan University boasts that graduates of their bachelor business degree in management of information systems go on to attain positions in the IT departments of major companies and government agencies. .u65f1b3ff6c4dc27d486ec639c2202420 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#eaeaea; border:0!important; border-left:4px solid #34495E!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u65f1b3ff6c4dc27d486ec639c2202420:active, .u65f1b3ff6c4dc27d486ec639c2202420:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u65f1b3ff6c4dc27d486ec639c2202420 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u65f1b3ff6c4dc27d486ec639c2202420 .ctaText { font-weight:bold; color:inherit; text-decoration:none; font-size: 16px; } .u65f1b3ff6c4dc27d486ec639c2202420 .post Title { color:#000000; text-decoration: underline!important; font-size: 16px; } .u65f1b3ff6c4dc27d486ec639c2202420:hover .postTitle { text-decoration: underline!important; } READ Getting Started With a Career in BusinessAlternative Options with a Bachelor of Science in Business One of the reasons for its popularity as a bachelor degree choice is that a Bachelor of Science in Business provides a broad educational foundation for a wide variety of career paths. Students who graduate from an accredited bachelor degree business online program can pursue careers in: Banking. Financial services. Purchasing. Information technology. Marketing. Human Resources. Management and Leadership. In addition to the four specialty areas of its bachelor business degree, Kaplan University offers an Advanced Start Bachelor of Science in Business. This Advanced Start BSB allows students to complete a bachelor of science in business in as little as 12 months. The Bachelor of Science in Business helps students develop critical thinking skills that are essential to making effective decisions in todays business world and provides workers with the technical abilities to succeed in their specialty of choice. For students interested in learning more about their options for earning a bachelor degree in business, College-Pages.com, the education and career resource website, provides and extensive list of schools and available degree programs. .u8fee4e62f051eb416d8505e12b1c6b31 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#eaeaea; border:0!important; border-left:4px solid #34495E!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u8fee4e62f051eb416d8505e12b1c6b31:active, .u8fee4e62f051eb416d8505e12b1c6b31:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u8fee4e62f051eb416d8505e12b1c6b31 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u8fee4e62f051eb416d8505e12b1c6b31 .ctaText { font-weight:bold; color:inherit; text-decoration:none; font-size: 16px; } .u8fee4e62f051eb416d8505e12b1c6b31 .post Title { color:#000000; text-decoration: underline!important; font-size: 16px; } .u8fee4e62f051eb416d8505e12b1c6b31:hover .postTitle { text-decoration: underline!important; } READ Focused Health Care Planning For StudentsRelated ArticlesBachelor Degree in Business Focus Business Career Options with an Emphasis in FinanceBSB 5 Ways to Earn a Bachelor of Science in Business in as Little as 12 MonthsBachelor Business Management Degree Use a Degree from Kaplan University to Boost a Small Business Start-UpCriminal Justice Bachelor Degree Single Parents in Colorado Find Convenience at Kaplan UniversityRN to Bachelor of Science in Nursing 10 Highest Paying Nursing Specialties in ColoradoBachelor Degree in Business Online Improve Employment Prospects with Formal Training in Business

Hypertension Hypertension And Essential Hypertension Essay

Hypertension is widely considered to be one of the most important risk factors of cardiovascular diseases (angina, arrhythmia, etc.). It is the second leading disease that causes mortality in the world. Hypertension is the condition when there is an increase in the force of blood on the walls of vessels. It can also be defined as an arterial blood pressure that is raised above 140/90 mm Hg (systolic/ diastolic BP). Hypertension can be classified into Secondary hypertension and Essential hypertension. When specific cause is evident but heredity, and various physiological parameters play a role in increasing blood pressure is known as Essential Hypertension. Secondary Hypertension is one where the cause is known. According to WHO guidelines between 2006 and 2015, deaths due to cardiovascular diseases are expected to increase by 17% while the deaths from infectious diseases, nutritional deficiencies, maternal and prenatal conditions are projected to decline by 3%. The main causes of hy pertension includes the age ,hereditary, gender, extra weight, alcohol consumption, stress life, lazy life etc. Basically, arterial blood pressure (BP) is directly proportional to the product of blood flow (cardiac output, CO) and the resistance to passage of blood through pre-capillary arterioles (peripheral vascular resistance, PVR) Hypertension can be caused by either an increase in Cardiac Output (CO) or by an increase in Peripheral Resistance (PR) BP = CO X PVR Renin AngiotensinShow MoreRelatedStudy on Essential Hypertension2685 Words   |  11 PagesPRESENTATION BY: GIZELLE WILKINSON SUBJECT: ESSENTIAL HYPERTENSION STUDENT NUMBER: M00037713 CLINICAL SCIENCES II INTRODUCTION Essential hypertension, otherwise known as primary or idiopathic hypertension, is a condition of raised blood pressure with no identifiable cause. Secondary hypertension occurs when blood pressure elevation results from a specific and potentially treatable cause. These include renal diseases, endocrine causes, congenital cardiovascular causesRead MoreControl And Essential Hypertension Patients1013 Words   |  5 PagesTable 2 shows WBCs count /cmm and differential leukocytic percentage(mean ± SD) of control and essential hypertension patients. It has been found that the WBCs counts (7138 ±1444) and differential leukocytic percentage of neutrophils (60.385 ±9.014),eosinophils (6.86 ±1.573) and monocytes (7.154 ±1.519)of patients were higher than those of controls. Table 3 and figures 1-3indicate the values of measurements of true cholinesterase activity in units/l in male and female patients as wellRead MoreA Relationship Between Some Neurotransmitter Controlling Enzymes And Essential Hypertension1051 Words   |  5 Pages Hypertension affects about 20 percent of the adult population placing a high burden on health care systems. CholinesterasesEC 3.1.1.7 and 3.1.1.8(ChEs)catalyze the neurotransmitteracetylcholine into choline and acetic acid, allowing a cholinergic neuron to return to resting state after activation. Monoamine oxidase E.C1.4.3.4 (MAO) is responsible for degradation of endogenous monoamine neurotransmitters and dietary amines. Nitric oxide(NO) is a gas produced in endothelial cells andRead MoreTypes Of Hypertension And Secondary Hypertension1434 Words   |  6 Pagesestimated that about 25 percent of people worldwide had hypertension and this number is expected to keep rising further increasing the risk for millions in developing cardiovascular disease. There are two main types of hypertension. Secondary hypertension is caused from an underlying disease in the adrenal or renal systems or by use of certain medications. It is resolved when the cause is treated or removed. Primary or essential hypertension is the most common type with the cause being unclear althoughRead MoreHypertension: Mechanical Blood Pressure1413 Words   |  6 PagesHypertension Hypertension, also known as high blood pressure is starting to become a very common cardio vascular diagnosis. Hypertension is classified as a cardiovascular disease caused by elevated blood pressure (Mosbys, 2006, p. 923). Hypertension is more dominant for individuals that have unhealthy lifestyles and have a family history of hypertension. Hypertension is also dominant in individuals that consume more that 5.8 grams of salt per day (Makoff, 2006). Having high blood pressure may causeRead MoreHypertension: The Silent Killer Essay1390 Words   |  6 Pageswas a 57-year-old male admitted with an acute exacerbation of COPD. The patient also had a history of hypertension, pulmonary embolism, and deep vein thrombosis. The patient is a smoker as well as his family. He has had many problems with trying smoking cessation for years. The patient also has a history of depression and anxiety. The patient has been on many medications to control his hypertension, but it is still out of the nor mal range. This man was in great need of nonpharmacological interventionRead MoreCardiovascular Remodeling Concepts And Clinical Implications1020 Words   |  5 Pageshypertensive heart disease. Circulation 2011; 123 : 327– 334. Article PubMed ISI. 129. Dà ¡vila D, Donis J, Odreman R et., al. Patterns of LVH in essential hypertension. should echo-cardiography guide the pharmacological treatment? Int J Cardiol 2008 ; 124: 134 –138. 130. Lavie C, Ventura H, Messerli F. LVH. Its relationship to obesity hypertension. Post grad Med 1992;91:131-143. 131. Lee M, Gardin J, Lynch J et., al. DM echo-cardiographic LV function in free living, elderly men women. TheRead MoreA Short Note On Diabetes And Adolescent Adolescents1577 Words   |  7 PagesHypertension in Adolescents I. Case Presentation A 16 year old African American male arrives at his pediatrician’s office for a preparticipation physical evaluation. His history includes asthma as a toddler, tonsillectomy in 2010. His mother, grandmother, and uncle all have hypertension. His grandmother has diabetes as well. He has an older brother and younger sister, both are healthy. His father is a paraplegic due to a MVA, otherwise his father has no health issues. The patient vital signsRead MoreSymptoms And Treatment Of Hypertension1599 Words   |  7 Pages Psychosomatic disease affects both mind and body; hypertension certainly applies to this due to its effect on both the mind and the body alike. Hypertension occurs when an individual has abnormally and excessively high blood pressure, in which stress is highly related to. High blood pressure can be perilous because it makes the heart work even harder in order to pump blood into your body, which ultimately leads to heart failure or other illnesses such as kidney disease and strokesRead MoreHypertension : Symptoms And Symptoms Of Hypertension1141 Words   |  5 PagesHypertension What is hypertension? Hypertension is another term for high blood pressure. Blood pressure goals vary depending on your age and presence of other medical conditions. For example, the current recommendation for adults age 60, who have no chronic kidney disease or diabetes, is a goal blood pressure below 150/90. For all other adults, including those with chronic kidney disease and diabetes, the goal blood pressure is less than 140/90. Hypertension is exceedingly common in the United

Finance

Question: Discuss abouth the Corporate Communication Plan. Answer: Introduction Samsung was found in the year 1938 in South Korea. It entered into the electronics industry business in late 1960s and has expanded its area of operations worldwide for mobile phones and semi conductors. Its rapid increase in revenue has made it a noticeable company and today ranks 4th worldwide. The success can be attributed to the strong development and strategic plans it made. The economic development of South Korea is largely influenced by Samsung and it is the driving force for media, politics, and cultures. The revenue generated by Samsung is estimated to be 17% of the GDP of South Korea. It has comfortable and conveniently established itself in the global markets. As it is rightly said that bad news travels like fire, the company has to be very tactful in communicating such a critical matter that is likely to bring in a lot of negative feedback and criticisms. Communication standards and conventions in business The standards aim at the set of activities adopted by the management in managing the external and internal communications are such a way so as to maintain the favorable viewpoint of the company. The coherence, credibility and ethical value of the message need to be maintained. It helps in translating the vision and mission of the company into cohesive message value for the stakeholders. It is an integrative communication structure linking the stakeholders of the organization (Samsung, 2015). Hence, the organization follows a strong pattern of communication that helps in attaining a strong position. The aims of these standards of corporate communication are as follows: Minimize discrepancies with reference to the message that is being communicated. It ensures that the message is properly communicated and that the related parties are able to understand it with precision. Delegation of tasks of communication Formulation of effective decision-making Decision making is highly influenced with the aid of proper communication (Youndt Snell, 2004). Coordination with the government and regulatory authorities. The communication leads to a strong link between the company and the regulatory bodies which in turn provide a strong benefit. It leads to transparency and creates better understanding (Freedman, 2013). Mobilization of internal and external support. When the communication process is strong internal and external course of action is well defined and hence have a better support. The communication philosophy has to be first decided upon and then policy decisions are to be made about: The benefit of the intended audience has to be identified The key issues and hierarchy of issues has to be listed down The flow of information has to be decided visual or verbal The type of graphics and text to be used is to be identified The approved font styles has to be selected The font size has to be decided based on the hierarchy of the information Use of proper logotypes, trade names, and trademarks has to be followed The flow of communication should be directed by bullets, tables, color, left justification, etc. The purpose of these standards is to ensure consistency in the internal and external corporate communication and to maintain the corporate image by the use of communication standards. The corporate image of any organization can be enhanced with the aid of strong communication as it links the organization with the outside world (Freedman, 2013). These communication channels and protocols are used to inform and persuade people, specifically stakeholders. Therefore, a vital role is being played by the communication process. It is effective in enhancing the goodwill and improves the link up with the external environment (Nisen, 2016). Current Scenario Cell phone exploding due to faulty chargers is not a new thing. But in this case, the exploding of Samsung Galaxy Note 7 has become a serious issue. The root of the problem lies in the battery and since the phone does not have a removable battery, the company has made the decision to recall the cell phones sold both at home and abroad (Khoury, 2016). Out of several millions of phones sold, less than 0.1% of the users are affected but still it continues to be a hazard and the company is not ready for a gamble that will spoil its image. The company will have to face a lot of disclosure and transparency related issues as the customers would like to know the results of the research that have led to this problem. If the process of communication is strong it helps in maintaining a cordial relationship with the external and internal environments and contributes to the success (Kamis, 2016). Thus it is a crisis communication in this scenario. In crisis communication, the public relations aspect occupies a special position as the company tries to defend its public reputation. There is an investigation from the government agency, shareholder lawsuit, media inquiry, criminal allegation, environmental regulations violation and a host of such problems involving legal, financial and ethical standing of the company (Walter, 2016). Objective Scope of Communication Plan As a major catastrophe has occurred leading to tangible destruction, it is an irreparable damage to the reputation of the organization. It is having a significant potential impact on the financial structure of the company and hence the communication should be in such a way that the company admits its mistakes and assures that the customers will not suffer more damage (Robert et. al, 2010). The scope and objective of the communication plan are to assure that the customers will not suffer from any risks or hazards and to provide the required assistance to ensure a hassle free replacement. Any kind of assistance with reference to the return of the phone will be provided and the money will be refunded (Kamis, 2016). This is the core objective since it does not wish to fall low in the eyes of its customers. The company still seeks continued trust and hence wants to communicate the same in the best possible way. Samsung Galaxy Note 7 Recall Official Company Statement It reads that Samsung has announced a voluntary recall of all the original or replaced Note 7 phones as the device gets overheated and can pose a significant risk for the customers. This recall is in accordance with the regulatory requirements. Customers owning this device have to power it down and contact the vendors or retail outlets from where they have purchased the same. The contact numbers and the online link for refund are also provided. Apart from this the company also acknowledges offering a credit of $100 upon selection of another Samsung Smartphone and a credit of $25 for the purchase of another brand of Smartphone in exchange for the current owners of Samsung Galaxy Note 7. Reception Customers have felt that the company could have had detachable batteries on the phone which would make it much easier for the company to replace. It is likely that the company is processing faster refunds in the US but same might not be the case in the rest of the world. These non-timely refunds are tarnishing the image of the company in countries like India. The problems seem to be never ending as these phones are also being banned in airplanes after a so-called safely replaced device exploded in the US flight (Katkyama, 2010). Thus the communication is not received to the best of its form and is adding worries for the company and its customers. Ethical Framework of Business communication The ethical framework requires that if the company realizes something is wrong with the product or its distribution and consumption, then it should make immediate attempts to withdraw the same from the market and not wait until complaints are lodged or regulatory authorities step in and force the company to take such steps (Dahlen et. al, 2010). In this case, there were more than 50 cases reported worldwide after which Samsung announced its decision to withdraw. This makes a few people view that the announcement of recall came in a bit late though the company might require time for investigation and research into the real causes. Identification of relevant stakeholders Samsung strives to create value for the stakeholders. The management believes in active communication with stakeholders. This helps to strengthen the relationship and bring transparency thereby leading to an effective atmosphere. The factors and interest in decision making are communicated. Further, the important stakeholders need to be updated that helps to enhance the goodwill and this can be done with the help of an effective communication process. The relevant internal stakeholders are Employees including Managers and Executive personnel Owners The relevant external stakeholders are Shareholders / Investors Customers Media NGO The Government Local Communities Suppliers Samsung uses an array of communication channels to engage in productive relationship driven conversation with customers where they are free to express their honest opinions about the matters related to the company. The communication type and pattern depend on various factors. The country of origin plays a leading role as a pattern of language differs. (Slaper et. al, 2011) The communication channels used by Samsung are depicted below: Source: 2013 Sustainability Report The receivers of communication are belonging to different countries, different cultures, and languages. Hence there are common issues like receptivity, effectiveness and perception value of the message, so on and so forth (Newman Scott, 2013). Same is the case with managing teams and people from different countries as Samsung is having an operation in almost all the major countries of the world. For instance, a message seen as critical in the East might not be perceived to be the same in the West. Hence to aid a smooth communication flow, Samsung follows the below pattern. Different Communication Styles Across cultures, the words and phrases used might be interpreted differently. For instance, in countries with English as the native speaking language, the meaning of the word yes is different from may be, Ill consider it, definitely so and the right use of right words for different audiences needs to be decided (Belch Belch, 2012). The degree of assertiveness also differs across cultures. Hence, the pattern of communication plays a leading role in shaping the destiny of the organization. It depends on from one country to another and thereby the place of operation needs to be considered to attain a better result (Sustainability reporting, 2012). Different attitudes towards conflicts A few countries view conflict as a positive thing whereas a few other countries wish to avoid it. Also the manner of dealing with conflicts in different countries. The Eastern countries like to work out conflicts quietly and also in form of written communication while in the U.S people are encouraged to deal directly and in face-to-face meetings to resolve conflicts. Hence, the perceptions matter when it comes to resolving conflict (Byford, 2016). Different Approaches to knowing disclosure Every country has a valid, acceptable and most trusted means of access to information and knowing. While word of mouth is preferred in one country, web based might be preferred in another. Acknowledging these means, the appropriate method of disclosure is selected (Ballot et. al, 2006). The ethnic, family, educational, personality differences exist in ever culture. Thus the differences in multi-lingual communication channels and requirements are respected and practiced. Samsungs formal informal communication channels The formal communication channels are through official statements announced on the website of the company or by making a press release. Formal communication is direct in nature and is considered to be authentic. The advantage of this communication is that the company accepts and owes liability and responsibility for whatever is said in the statement. It carries evidence and hence has a strong validity. The disadvantage of this method is that it cannot differ or alter or take back what is said and published. Therefore, once said or approved it will remain as it is and cannot tamper in any scenario. The informal communication channel is more of a word of mouth and grapevine started through a few contacts of the company and spread to the public. The advantage is that this provides temporary relief for the worrying customers whereas the disadvantage is that there is no responsibility or liability created as it is more of an oral communication spread through different mouths. Therefore, the informal communication cannot be considered as an evidence because it is not from a formal source. Critical Evaluation of effectiveness of Communication plan As it is very easy to protest, a few customers had started protest from the initial cases shouting slogans against the company and the miserable fact is that such incidents have occurred in different parts of the world (Khoury, 2016). Thus though the company believes and has made the best of its efforts, it is still not a complete assurance and customers are acknowledging the host of difficulties placed despite the refund and exchange process. It needs to be noted that the process of communication cannot be the safeguard once the customers have a negative notion. However, the same can be filtered and removed by the possible acts of communication in the long run. Conclusion It can thus be seen that the company has definitely suffered a drop in the sales due to this unfortunate incident which is more of a technical snag and not an intentional act by the company. Hence, the shortfall cannot be tagged as a voluntary act by the company however, the aftermath cannot be ignored. The company has also apologized for all the inconveniences caused on the appropriate media and forums. Thus the veracity and level of professionalism of the communication is vital and can possibly try to save the company (Simonin, 2016). The possible act by the company reveals that the company has tried its level best in terms of communication to save the patronage. Despite the communication plan made by the company, the damage is huge and it might take a long time for the company to revive its position. References Ballot, B., Heitger, D. L. Landes, C. E. (2006). The future of corporate sustainability reporting: A rapidly growing assurance opportunity. Journal of Accountancy 20, 65-74 Belch, G. E., Belch, M. A. (2012).Advertising and promotion: An integrated marketing communications perspective. New York, NY: McGraw-Hill Irwin. Byford, S. (2016). Samsung recalls Galaxy Note 7 worldwide due to exploding battery fears. Retrieved December 18, 2016 from https://www.theverge.com/2016/9/2/12767670/samsung-galaxy-note-7-recall-fire-risk Dahlen, M., Lange, F., Smith, T. (2010).Marketing communications: A brand narrative approach. West Sussex, UK: John Wiley Sons. Freedman, L. (2013). Strategy. Oxford University Press Kamis, N 2016, Value chain and competitive advantage of Samsung, viewed 11 September 2016, https://dewimir.blogspot.in/2012/11/value-chain-and-competitive-advantage.html Katkyama, H. (2010). Significance of Lean Management and Contribution toward Customer Satisfaction . Industrial Engineering Magazine, 47, 22-27. Khoury, R.E (2016). Samsung Galaxy Note7 global recall due to exploding batteries could be imminent.Retrieved December 18, 2016 from https://www.androidpolice.com/2016/09/01/samsung-galaxy-note-7-recall-due-exploding-batteries-might-imminent/ Newman, A, Scott O. (2013). Business Communication. Mason: South-Western Nisen, M. (2016). Acknowledge a crisis, Samsung is trying to improve its corporate culture, Retrieved December 15, 2016 from https://qz.com/288923/samsung-is-trying-to-improve-its-corporate-culture-amid-crisis/ Nisen, M. (2016). Samsung Has A Totally Different Strategy From Apple, And It's Working Great. Retrieved December 15, 2016 from https://www.businessinsider.in/Samsung-Has-A-Totally-Different-Strategy-From-Apple-And-Its-Working-Great/articleshow/21250813.cms Robert C, Brian H.L Paul C 2010, How to Understand Business Finance, Kogan Page Limited Samsung. (2015). Samsung: Annual report and accounts 2014, Retrieved December 15, 2016 from https://www.samsung.com/se/aboutsamsungfile/SAMSUNG_SUSTAINABILITY_REPORT_2015_ENG.pdf Samsung. (2016). Samsung Corporate profile. Retrieved December 15, 2016 https://www.samsung.com/us/aboutsamsung/corporateprofile/ Simonin, D. (2016). International Strategy: The Strategy of Samsung Group. Retrieved December 15, 2016 from 2016,https://www.researchgate.net/publication/285370984_International_Strategy_The_Strategy_of_Samsung_Group Slaper, T. F., Hall, T. J. (2011). The Triple Bottom Line: What Is It and How Does It Work? Indiana Business Review. 86(1), 6-10. Sustainability reporting. (2012). Using sustainability to drive business innovation and growth 2012, Retrieved May 30, 2016 https://www.deloitte.com/view/en_IN/in/index.htm. Walter, D. (2016). Official recall for exploding Galaxy Note7 phones coming, Samsung and US confirm. Retrieved December 18, 2016 from https://www.greenbot.com/article/3119205/android/official-recall-for-exploding-galaxy-note-7-phones-coming-samsung-and-us-confirm.htmlYoundt, M. A. Snell, S. A. (2004). Human resource configurations, intellectual capital, and organizational performance. Journal of Managerial Issues, 16(3), 337-36

Singapores Economy Essays - Economy Of Singapore, Singapore

Singapores Economy SINGAPORE - A Survey of its Economic Institutions Since its inception, the Republic of Singapore has combined the fastest growth with the lowest inflation of any industrial economy. This feat was accomplished with a strict set of economic goals including a conservative monetary and fiscal policy, free trade, and a commitment to stable prices (Wood, 25). This evaluation of Singapore's economy will look at the history and forces behind their success. Background Sir Stamford Raffles established Singapore as a British trading post in 1819. At the time the island was scarcely inhabited, had no valuable resources, was mostly marsh and jungle land and wasn't located on the major commercial trade routes. The only thing the island had going for it was its location for secondary trade and its deep water port. It wasn't until the 1860's, when the Suez Canal opened, that the port's true potential was realized. With the canal thoroughfare, the island suddenly became attractive as a resting point. Initially, it was used as a coaling station for the steam boats traversing the new routes between the East and West. From here, Singapore was rapidly integrated in the commercial channels as a source for rubber and tin, and as a distributor for goods collected from Europe and America (Woronoff, 121-2). This newfound prosperity came to a halt in World War II when Singapore's occupation was juggled between Japan, Britain, and Malaysia. After all the commotion w as over, Singapore secured its independence on August 1965 and was declared a republic in December 1965. At this point, the Republic of Singapore had to start anew (Buchanan, 31). In effect, it had to develop it's own system of government and economic policies to retain its success. After all the smoke cleared Singapore was able to accomplish this feat and much more. Setting Singapore has approximately the area and population of the city of Chicago. The total land area is about 239 square miles including 58 surrounding islets. It is separated from the mainland of Malaysia by the Johore Strait to the north. Across the Strait of Malacca and the Singapore Strait to the west and south of the island lies Indonesia. It is situated just 85 miles north of the equator so its climate is tropical (Deyo, 104). The population is entirely urban with "a strong manufacturing base, and active service sector, and virtually no agriculture" (Gregory, 261). There are also virtually no natural resources (Woronoff, 122). Throughout its development, Singapore's population has increased at a blinding rate due to immigration and high birth rates. It went from a few thousand when Raffles arrived to about a million after the war to about 2.8 million today (Buchanan, 162). Economy Singapore has one of the World's most open economies, rivaled only by Hong Kong. There are few protective tariffs and the government has provided an attractive climate for foreign investment. It has one of the world's largest and busiest ports and oil refinery centers. Also, it is a major financial center, trailing only London, New York, and Hong Kong in the number of commercial banks (135) and is the center of the Asian Dollar Market with 190 financial institutions that cater to foreign depositors. Compared to the size of its economy, Singapore leads the world in foreign trade (Wood, 30). Goals are something Singapore holds dear. Among them are "the diversification and upgrading of industry while developing the island into a center of regional services and international finance." Skill-intensive and high-tech industries are encouraged (Buchanan, 164). Among the main industries that have made Singapore successful are as follows. Manufacturing is responsible for about 25% of the GDP. From 1965 to 1980, manufacturing grew at an annual rate of 13.3%. Other major activities are petroleum refining, and machinery and appliances (including the large electronics industry). Interestingly, agriculture is responsible for the employment of only about 1% of the labor force (Wood, 139-40). This is a drastic difference to many of its neighbors and the reason will be introduced shortly. Though Singapore is a capitalist society, their monetary policy hardly takes a laissez faire approach. In their commitment to monetary stability, the government sets economic goals and "unhesitatingly interferes with market forces to achieve those goals" (Wood, 30). Examples