Friday, December 27, 2019

Kerry James Marshall - Better Homes Better Gardens Free Essay Example, 5750 words

A group tried to start a whites-only bus service. There was also a wave of bombings. The homes of two black leaders, four Baptists churches, the People’s Service Station and Cab Stand, and the home of another black were all bombed. In addition, an unexploded bomb was found on King’s front porch. †2 Although none of these occurrences happened on Marshall’s own front door, they were nevertheless ever-present in the news and at home among the adults while Marshall was in his formative years. That small boys witnessed a part of this violence was captured in a note by Martin Luther King Jr. himself, â€Å"... [O]ne cold night a small Negro boy was seen warming his hands at a burning cross. †3 In the face of this increased violence and blatant segregation in spite of the Brown v. Board of Education decision, Marshall’s family decided to move to Los Angeles when he was only 8 years old, just in time to settle in before the outbreak of the famous Wat ts Riots of 1965. â€Å"In the rioting, which lasted five days, more than 34 people died, at least 1,000 were wounded, and an estimated $200 million in property was destroyed. We will write a custom essay sample on Kerry James Marshall - Better Homes Better Gardens or any topic specifically for you Only $17.96 $11.86/pageorder now An estimated 35,000 African Americans took part in the riot, which required 16,000 National Guardsmen, county deputies and city police to put down. †4 Studies conducted following the riots revealed that, although officials had been under the impression that the riot had been started by people from outside the immediate area, most of those who had participated in the riot had lived in Watts for most of their lives and were acting out in anger against the all-white community for the segregation of the neighborhood. In discussing these issues, Marshall said, â€Å"You can’t be born in Birmingham, Alabama, in 1955 and grow up in South Central [Los Angeles] near the Black Panthers headquarters, and not feel like you’ve got some kind of social responsibility. You can’t move to Watts in 1963 and not speak about it. That determined a lot of where my work was going to go. †5 Marshall freely admits that he comes from an African-American family that did not greatly encourage him to continue his education following high school, a cultural trait that he sees as being very prevalent among black families such as his. â€Å"I came from a family where going to college was not encouraged, because it was never something that even came up in discussion. I came from a family who thought that you went to school until you got out of high school and then you got a job. I was the first person in my immediate family to go to college.

Thursday, December 19, 2019

A Financial Ratio Quarterly Trend Analysis of Exxon

A Financial Ratio Quarterly Trend Analysis of: Exxon Mobil Corporation Stock Symbol: XOM Listed on New York Stock Exchange Prepared for: Dr. Edward Lawrence Department of Finance and Real Estate Florida International University In partial fulfillment of the requirements of Course: FIN 6406 By: Nicole Suarez Panther ID # 1101809 1.0 Introduction ExxonMobil Corporation and its affiliated companies operate in the United States and most other countries. Headquartered in Irvine, TX, ExxonMobil was formed following the merger of Mobil and Exxon. It is the world’s largest publicly traded international Oil and Gas Company. They hold an industry-leading inventory of global oil and gas resources. They are†¦show more content†¦Return on equity is stable throughout the year as well. Both profit margin and basic earnings power are stable. Regarding earnings per share, there is a slight increase in Q2 and then a continual decrease in Q3 and Q4. This is a result of a decrease in the average number of common shares. The following table represents the debt ratios for ExxonMobil for FY 2011: Debt Ratios | Q1 | Q2 | Q3 | Q4 | Annual | Total Debt | .51 | .50 | .50 | .51 | .51 | Interest Coverage | 653.31 | 414.76 | 191.61 | 223.25 | 296.08 | Debt/Equity | 1.07 | 1.06 | 1.04 | 1.10 | 1.10 | Total debt ratio remained stable in all periods in 2011 and is below 1:1, which is a good indication of the company maintaining its leverage. Interest coverage ratio shows a downward trend in Q2 and Q3 with a slight increase in Q4. These results are derived from an increase in interest expense. These changes are not very significant to the success of the business as the company’s ratio is well above 1.5, which implies the company is not burdened by its debt expenses. Debt/Equity ratio remained stable in all periods with a slight increase in Q4 as a result of increased liabilities. 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Tuesday, December 10, 2019

Redesigning Organisation Downsizing

Question: Discuss about the Redesigning Organisation Downsizing. Answer: Introduction Organizational downsizing has been a practice in most of the organizations across the United States since the 1000s. This is evident with over 85% of the current successful companies having engaged in a downsizing activity (Gandolfi, 2007). This practice is also observed in other major companies in various countries as a response to the increase in the global competition and has enabled the organizations to cut on their labor costs as they seek to increase their productivity (Gandolfi Littler, 2012). While organizational downsizing is continually being used as a common practice, it lacks the theoretical backing (Cameron, 1994). Cameron call this phenomenon a common yet understudied phenomenon in the world of business (Cameron, 1994). The generally understood meaning of downsizing is the overall reduction in the size of the work force of a firm, but this term has become almost generic in its meaning (Lee Strang, 2006). This has resulted to several other actions such as restructuring, rightsizing, delaying, resizing, and reengineering being settled under the term downsizing. Despite all these terminologies, downsizing has become prevalent form of change to any organization that seeks to be leaner, more responsive and more flexible (Lee Strang, 2006). This therefore calls for a more research into the field in order to comprehend more on how organizations are able to recruit new employees after the period of recession. The purpose of this assignment is to come up with a proposal on how organizations are able to do recruitment after downsizing. This is in light to unearthing what organizations go through in getting new recruits and whether these recruits can measure up to the tasks that were handled by the previously downsized work force. The assignment is centered more on the businesses that were affected more by the 2008 recession so as to enable other business make worthwhile decisions when it comes to downsizing of their work force. This assignment is organized into sections with each subsection marked by a topic and a sub-topic where necessary. It begins with problem statement, followed by research objectives, justification of the project, the expected outputs from the research, the conceptual framework, research hypothesis and the methodology to be used in carrying out the project. The assignment also has additional sections that comprises of organization of the study, Gantt chart and the budget of the research and finally, the list of references used in the study. Problem Statement Several organizations face recession at one point of their operations. During these periods, most of the organizations are affected economically and hence seek for ways to readjust in order to survive these economic hardships. One of the sure ways in which most companies and organizations settle on to cut on expenditure and other related costs is downsizing (Shama, 1993). However, the methods employed by various organizations to do the downsizing varies from one organization to another. This notwithstanding, the effects of downsizing on the organizations are similar across the organizations and these effects become more adverse with prolonged recession period. The end of recession period signifies a period when the organization picks up and begins to expand. This is the period when the organization seeks to employ more work force and to replace the work force that was laid off during the process of downsizing. However, this has constantly become a problem that most organizations since they cant get a replacement of the laid down staff with similar experience and understanding that is important for the growth of the business. Getting the right employee for the organization and the whole process of recruitment is the most complex and more involving for the organization and determines whether it will be able to pick up after recession or not. In his book on The Paradox of Managerial Downsizing, Littler enumerates how downsizing leads a company to a period of struggle to recover from the effects of downsizing and how difficult it is to do a recruitment of new staff thereafter (Littler, 2004). In this research, the companies that have undergone recession and downsizing of the work are studied in order to determine how the process of downsizing affected their recruitment process after the period of downsizing. This is then used to make recommendations for the organizations that are yet to do downsizing due to recession in order for them to benefit from the process rather than getting the negative effects. Research Objectives In this research project, the overall aim will be to investigate which principles and management methods that organizations employ in recruiting employees after the process of downsizing, and how these principles affect the organization and their overall productivity. The study therefore will seek to answer the following questions: 1. How do organizations recruit employees after the process of downsizing? 2. How productive are the methods of recruiting employees after the process of downsizing by the organization? 3. Is there any other alternative to employee recruitment after the process of downsizing? 4. Are the downsized employees ready and willing to be recruited again by the same organization? This research will seek to answer these questions and in the process, the research will be able to give a recommendation on how to best recruit employees after a downsizing is done by an organization. Justification of the Project Downsizing is a healthy act that every organization must undergo in its guest to try and survive through trying economic times (Lee Strang, 2006). However, the risk is when the downsizing is not done in a proper manner. Several authors and researchers have tried to document ways in which downsizing can be done in a proper manner but what all these researches fail to address is how the aftermath recruitment of the work force can be done by companies that have just undergone a downsizing process. The recession experienced in 2008 was an all-time major hit to several organizations and major businesses were hit by bankruptcy in the process (Sharma, et al., 2011). To ensure that the businesses are well prepared when undertaking downsizing, this proposal will be undertaken based on a wide selection of data from major businesses and other experts taking into account the previous study in the area. This study will therefore be viable and of greater benefit to major organizations and businesses because of the following advantages: It will be beneficial to organizations that wish to understand how recruitment after downsizing affects the organization. The research proposal will enable the interested parties widen their mind on how recruitment after downsizing influences the activities and performance of the business as a whole. The managers of the organizations and the human resource department can make use of the strategies and techniques presented in this research study when recruiting new work force after the organization undergoes downsizing. The results presented from the analysis of data collected in this research will form the basis of future studies and will be of great benefit to business owners, policy makers and other interested stakeholders. The proposal will be of great benefit to new ventures and startups as they are able to gather information on the best practices and what to expect when the organization is on the path of downsizing. Expected Research Output/Outcome This research proposal will result to a framework that will act as a guide to recruiting a new work off as a result of organizational downsizing. This framework will act as a road map for small organizations and startups to follow when experiencing difficulties that might be as a result of recruiting new staff after a massive downsizing in the organization ("Life after downsizing", 2002). Different organizations undertake their recruitments of staff differently and in fact, downsizing is defined in a much different way in various organizations, but this document will act as a general picture that will help the businesses understand the whole picture of recruitment after an organization undergoes downsizing. Small business adjustment and execution all through such circumstances depend upon a few variables simply like the available assets and outside impacts together with item, work and capital economic situations. These elements can have an orientation on the last result of this exami nation. All the investigation destinations/questions as known in the proposition can be addressed construct for the most part with respect to the information accumulations, discoveries and examination that might be administered for consistent. These examination yields are seen as essential instructive work for the matter that has been known for this investigation proposition. Likewise, this examination can benefit future house proprietors of new businesses/new pursuits before they start up their undertaking. Conceptual Framework and Research Hypotheses In this paper we tend to consider 3 key variables that affect the methods downsizing sways advancement: velocity of downsizing, level of downsizing and rationale in downsizing. Beneath we have a tendency to talk about the levelheaded for picking the issues and expect the effect each variable has on advancement. Like most key activities, the effect of downsizing is extensively impacted by the methods it's implemented ("Who Suffers Most after Downsizing", 2008). The methods associations actualize downsizing changes from a stun associate in nursing stunningness or enormous detonation vogue wherever downsizing is authorized in an extremely focused on time allotment to a progressive usage approach wherever downsizing is implemented over a developed sum. Mitchell observed that ninety four of the human asset chiefs had however 2 months to set up and execute downsizing at interims their association and accordingly they were compelled to utilize a tremendous blast vogue (Mitchell, 2004). On Associate in nursing general premise, high chiefs as a rule endeavor for rate in actualizing downsizing to restrain the outcomes of imperviousness to that that may postpone or wreck it. Cameron et al., (1993: 32) depict the gigantic blast technique as "like tossing a bomb into a crouched range, shutting the entryway, and anticipating that the blast should kill an exact offer of the men. Its troublesome to foresee accurately WHO are killed and WHO can remain". Because of the rapid execution, it's modest to contend that administration wouldn't have sufficient energy to expect the procedure through and impart it legitimately to staff. In addition, laden of your time, administrators may choose WHO to cut back in Associate in nursing optional means or utilize an unrefined general guideline like rank, and wage levels ("Why Does Health Decline After Downsizing?", 2008). This could conjointly prompt downsizing the "wrong individuals" like to a great degree rehearsed staff. In qualification to the gigantic blast methodology, once administration require some serious energy to execute downsizing, they will deliberately, impart the clarifications and system of usage to staff and by along these lines doing ensure that workers' positions and feelings square measure dropped at bear on level and procedure of downsizing. Its most likely that understanding would be expanded underneath long run execution since staff feel that some of their issues are self-tended to. Assention among the different gatherings is essential to achieving the degree of common duty, acknowledgment and bolster important for prospering execution of key activities (Sheng Tzeng, 2014). Dooley and Fryxell (1999) reported that once amasses require some investment to determine question all through the execution of vital activities they tend to have higher responsibility to the decision, and positive states of mind to vary subsequently expanding the change of a prospering usage. Probably, the hi gher than said negative ramifications of expedient downsizing would be less once downsizing is authorized over a broadened measure of your time. Furthermore, investigation by Tsai and Shih (2013) found that once downsizing was presented over a broadened measure of your time, staff were prepared to remake their development systems and linkages and had room schedule-wise to repair the system once it lost key players. Subsequently, organizations weren't exclusively prepared to kill the negative impacts of downsizing on development, however were likely to support their advancement capacity (Tsai Shih, 2013). Upheld the higher than, we have a tendency to suggest that downsizing over a brief measure of your time is a great deal of unsafe to advancement yield than that implemented over an expanded measure of your time. Consequently, we tend to place that: 1.Pace of downsizing is adversely identified with development yield. 2. The size of men lessening is adversely identified with development yield. 3. Cut downsizing methodology is adversely identified with development yield. Center downsizing technique is totally identified with development yield. Methodology In order to accomplish all the research aims and questions of the research proposal, a number of methodologies will be employed. These are methodologies that have been proven to deliver consistent and accurate information hence will aid in arriving at viable conclusion. These methodologies are discussed in details below: Review of the literature: it is definite that various studies have been done in this field. To be relevant in the study and research, it is only reasonable enough to consider these studies and previous researches by doing an in-depth literature review. This will be based on books, journals, internet sources and other materials. This will act as a base for the subsequent study and research into the subject. Data collection methods through surveys and questionnaires: The various literature reviewed has several information and data that has been collected before. Other data are available with survey organizations and government agencies. These data will be scrutinized and analyzed for some consistencies and their results used as a base and guideline for the data to be collected. It will also act as a format guideline for the collected data. The above data will act as a base for collection of data for the study through questionnaires and interviews. This data will be seeking to understand how organizations and businesses are recruiting their new work force after they face a period downsizing (Tuazon, 2008). The questionnaires will be designed in such a way that they will be easy to interpret and presents data in a simple manner to ensure that during analysis, less work is involved. Observation of the Key Indicators: Inspecting key information from the National Bureau of Economic investigation that focuses on the study and correspondence of monetary conditions inside the U.S.A. they require laid out beyond any doubt key pointers that encourage live subsidence well heretofore all together that organizations will create cautious strategies to counter the aftereffects of retreat before it at long last hits. (Research, 2015). Data Analysis Methods: two methods of data analysis will be used in this research proposal, Qualitative and Quantitative. Qualitative analysis will utilize online forums and surveys with recruitment advisors, whereas Quantitative analysis uses figures, excel sheets, pie charts, mathematical and statistical analysis modelling which are available online with the help of the scholarly articles. The strategies utilized for dissecting quantitative data can be clear insights (getting the distinct measurements for the mean, middle, change and dispersion of the key variables to see however singular qualities group around the mean) and theory testing that can ponder the possibility of sort I and sort II mistakes (which identify with regardless of whether the information bolsters acceptive or dismissing the speculation). Additionally, multivariate investigation can be utilized to check, say for e.g., "To what degree will economy affect the efficiency of the association?" For investigating qualitative data, thoughts from writing can be utilized as a supply of encourage to set up the discoveries and connections can be inspected upheld the answers from on-line discussions and studies. This study will use a mixture of the above mentioned methodologies so as to ensure that an accurate solution for the problem stated earlier is arrived. This will involve an in-depth review of the literature to get an in-depth understanding, the consideration of the responses that will be obtained from the questionnaires and surveys carried out, which will enable the deduction of relevant findings from the data collected. These data will be arranged and grouped together using various factors as their basis of groupings. Organization of the Study This study will be organized based on the standard organization of any research. This means that the study will be organized in chapters and each chapter will have a particular topic under study. The proposed organization will be as follows: This will comprise the research proposal as outlined in this assignment. This chapter will delve in an in-depth case study that describes the topic under study in details This chapter is made up of the methodology that will be used in the study and specifically describes; literature review, data collection and analysis techniques This chapter will discuss the findings and analysis done in the previous chapter of the proposed research. This chapter will give a summary of the important findings from the research and their implications on the recruitment by the organizations immediately after undergoing the downsizing process. Gantt chart The schedule for this project is as shown in the Gantt chart below. The project will take approximately seven months. Task Name Start Date End Date Duration (Days) Project Proposal 04/03/2016 18/03/2016 14 Literature Review 18/03/2016 03/06/2016 77 Data Collection 03/06/2016 05/08/2016 63 Data Analysis 05/08/2016 02/09/2016 28 Final Report Submission 02/09/2016 30/09/2016 28 Project Budget and Budget Justification For this research proposal to be done to completion, some expenditure is necessary. It is upon the person undertaking it to justify the expenditure of the research in the proposal for its sponsors to buy the idea and accept to finance it. The overall cost of the research is estimated at $6050 and financing is necessary for the project to be completed in the proposed timeline. The justification of the project budget is as follows; The literature review to be undertaken involves the use of materials such as books, journals and online resources which do not come free hence requires some money to acquire them. Collecting data also involves a lot of movement and materials such as questionnaires and surveys requires to be printed which also cost money. The materials have to be taken in person and others posted to remote people and organizations managers for timely response. The analysis of the data can be done using software analysis which requires experts and expensive software are involved, hence money has to be spend also in the same. This expenditure is summarized as; Purpose Estimated Amount Literature Review $1250 Data Collection $2300 Data Analysis $2500 Total Budget Estimate $6050 References Cameron KS, Freeman SJ, Mishra AK. 1993. Downsizing and redesigning organizations, Organisational change and redesign, in Huber G. and Glick W. (eds) Oxford University Press, New York: 19-63. Cameron KS. 1994. Strategies for successful organizational downsizing. Human Resource Management, 33: 477-500. Dooley, R. S. and Fryxell, G. E. 1999. Attaining decision quality and commitment from dissent: The moderating effects of competence and loyalty in strategic decision-making teams. Academy of Management Journal, 42: 372-388. Gandolfi, F. (2007). How do large Australian and Swiss banks implement downsizing?. Journal Of Management Organization, 13(2), 145-159. https://dx.doi.org/10.5172/jmo.2007.13.2.145 Gandolfi, F. Littler, C. (2012). Downsizing is dead; long live the downsizing phenomenon: Conceptualizing the phases of cost-cutting. Journal Of Management Organization, 2244-2267. https://dx.doi.org/10.5172/jmo.2012.2244 Lee, C. Strang, D. (2006). The International Diffusion of Public-Sector Downsizing: Network Emulation and Theory-Driven Learning. International Organization, 60(04). https://dx.doi.org/10.1017/s0020818306060292 Life after downsizing. (2002). Human Resource Management International Digest, 10(3), 19-21. https://dx.doi.org/10.1108/096707302760052510 Littler, C. (2004). The Paradox of Managerial Downsizing. Organization Studies, 25(7), 1159-1184. https://dx.doi.org/10.1177/0170840604046314 Mitchell Williams, S. (2004). Downsizing intellectual capital performance anorexia or enhancement?. The Learning Organization, 11(4/5), 368-379. https://dx.doi.org/10.1108/09696470410538260 Research, 2015. Measure a Recession. [Online] Available at: https://m.wikihow.com/Measure-a-Recession [Accessed 1 June 2016]. Shama, A., 1993. Marketing Strategies During Recession: A comparison of small and large firms. Journal of Small Business Management, I (1), pp. 62-72. Sharma, D., Garg, S. K. Sharma, C., 2011. Strategies for SMEs after Global Recession. Global Business and Management Research: An International Journal, III (1), pp. 58-66. Sheng Tzeng, D. (2014). Physical Quality of Life among Military Health Care Workers in Downsizing Organization. Occup Med Health Aff, 02(01). https://dx.doi.org/10.4172/2329-6879.1000144 Tsai, P. Shih, C. (2013). When responsible downsizing strategy meets employee-oriented leadership: Implications for downsizing performance. Journal Of Management Organization, 19(05), 583-597. https://dx.doi.org/10.1017/jmo.2014.1 Tuazon, N. (2008). Survivor guilt after downsizing. Nursing Management (Springhouse), 39(5), 19-20,2223. https://dx.doi.org/10.1097/01.numa.0000318060.48716.49 Who Suffers Most After Downsizing. (2008). The Back Letter, 23(12), 140. https://dx.doi.org/10.1097/01.back.0000343828.23223.3e Why Does Health Decline After Downsizing?. (2008). The Back Letter, 23(12), 141. https://dx.doi.org/10.1097/01.back.0000343829.93580.35

Tuesday, December 3, 2019

Richard Wright Was Born On September 4, 1908 On A Farm In Mississippi,

Richard Wright was born on September 4, 1908 on a farm in Mississippi, the first of two sons born to Nathan Wright, an illiterate sharecropper, and Ella Wilson Wright, a schoolteacher. When Wright was a small child, his father abandoned the family to live with another woman. After this, Wright's mother was frequently sick, and he and his brother shuffled between various relatives. During one particularly tumultuous time, Wright and his brother spent a month in an orphanage. Wright worked a variety of jobs throughout his childhood and adolescence. His mother's illnesses were a financial drain on his extended family, often forcing Wright to work rather than go to school. Nevertheless, despite his sporadic schooling, Wright became an avid reader. Shortly before the beginning of the Depression, the family moved to Chicago, where Wright began to seriously devote himself to writing. He joined the Federal Writer's Project and started to publish his work. In 1932, Wright became a member of the Communist Party. He wrote for Communist publications and met several famous writers through his affiliation with the Party. Wright later moved to New York to be the editor for The Daily Worker, a Communist publication. Around this time, Wright wrote and published Uncle Tom's Children, a collection of short stories that deals with the social realities faced by American black men. The novel (like its namesake, Harriet Beecher Stowe's Uncle Tom's Cabin, was banned or censored in parts of the United States. However, it was Wright's novel, Native Son, that stirred up real controversy by shocking the sensibilities of both black and white America. The protagonist, Bigger Thomas, hails from the lowest rung of society, and Wright does not infuse him with any of the romantic elements common to literary heroes. In effect, Bigger is what one might expect him to be given the social conditions in which he lives: he is sullen, frightened, violent, hateful, and resentful. Wright wrote Native Son to draw attention to what he thought was a serious problem in American society. He had witnessed a peculiar social phenomenon--there was a distinct pattern of Biggers in the United States. Wright realized that this did not apply to black men only--that in general many men, when confronted with an impossibly narrow avenue to a human life, become, like Bigger, disasters waiting to happen. Wright believed that the structure of American society itself was the direct cause. Native Son is an urgent warning that the American social structure must change before the needy, oppressed, and restricted masses rise up in fury against those in power. In the late 1940's, Wright moved with his wife and daughter to Paris, where Wright became interested in existentialism. He often socialized with Jean-Paul Sartre and Simone de Beauvoir, and began corresponding with Franz Fanon in the 1950s. However, his writing career never again reached the peak it had when he published Native Son and Black Boy, his autobiography. Wright died of a heart attack in 1960.