Outsourcing In The Hotel Industry Business Essay

Outsourcing In The Hotel Industry Business Essay Chapter 1 1.1 Introduction Outsourcing is the opportunity for the organization in hospitality industry and some others industry as well which can provide service and product for them and can enhance their profitability without producing things are internally. As an example Hotels can outsource their food and beverage, marketing process, HR process etc., from their outsource provider. By outsourcing firms can get more opportunity in the market to run their business in a better way.Becouse it can be really risk free and more productive in terms of the flexibility and availability. According to Fair and Shaw (1997) abstract, outsourcing can be defined as the process of acquiring an item that the company cannot produce internally. It engages delegating or replacementing an internal service or role with an external service which is provided by experts who are skilful in the condition of that service accordingly. In another way outsourcing is the way to operate a business with less management and operation risk and within a time frame. It can increase the profitability within the organization and can enhance the brand image in terms of better service and efficiency. Because when firms prefer the outsource rather than doing things by won they can get some more option and more trust and less risk which can make their service more effective and productive. 1.2 Problem Statement In the new global economy, outsourcing has becoming a central issue among expert in the hotel industry. Outsourcing is a method, which has been adapted by various companies to provide various services to customers and employees. Someone else, from an external resource, implements outsoaring. By using this method, it helps the company to reduce cost. Most companies use outsourcing/third party for better efficiency. Established company utilize this method to improve their service quality. Outsourcing provides specialised functions to help complete the task. In fact, many hotels are opting for the outsourcing business strategy to help the hotel business in keeping up with their rival hotel and the same time cut on their cost. In the research paper it discussed that the benefit of hotels outsourcing of HR and Marketing section. So, the problem statement is To what extant hotels are benefited by doing outsourcing -a study on Holiday Inn hotel. In the research work, the researcher must have very clear understanding of the topic or problem they are investigating. Without clear and sufficient theoretical knowledge it will become difficult to conduct any research work. For my research topic it is important to acquire theoretical knowledge about the functions of outsourcing in order to analyse the importance, impact and prospects of outsourcing. This research work could not be completed properly without collecting data and gathering information correctly and using them appropriately. A lot of text books, reference books, journals and reports were consulted to prepare this research work in line of the aim and objectives of the research work. The most important task was to get the primary data from the management team of Holiday Inn Hotel. 1.3 Research Question Its absolutely essential to develop a research question that I interested in or care about in order to focus my research and my paper .This study is set up to answer following research question To do outsourcing is a good idea for hotel business? Is Outsourcing more effective than doing things by own? How outsourcing can give some extra benefit for the organization? How outsourcing can reduce the cost and risk for the organization? What are the main reasons for outsourcing HR and Marketing process? How outsourcing has positively contributed to the financial position of the hotel? How correctly executed outsourcing can enhance the hotels competitiveness? 1.4 Significance/scope of the research This research can help individuals, especially decision-makers and planners, as well as firms identify the various components of outsourcing that can bring many potential benefits, such as cost reduction, performance improvement, flexibility, specialisation, and access to innovation on the business of hotels by utilising it. It is a fact that most companies are at under great pressure to take up outsourcing as a major competition. The Hotel Industry is one of the thriving businesses in the world. In fact, in this globalised world many hotels are opting for the outsourcing business strategy to help the hotel business in keeping up with their rival hotels and at the same time cut on their cost. For this case study I want to try to find out to what degree the hotels can benefit from outsourcing their HR process and Marketing process from the study of Holiday Inn hotel in Brentwood, UK. There are two types of outsourcing which is implemented in the hotel industry. This includes selective outsourcing and complete outsourcing. Selective outsourcing pertains to certain functions which are chosen for outsourcing, which can be the database of customers or accounts records of the hotel and etc. On the other hand, complete outsourcing refers to the whole function which is outsourced. Though hotels are recognising the importance of outsourcing, this does not mean that this business strategy is applicable to all. Outsourcing can be viewed as the process whereby activities traditionally carried out internally is contracted out to external providers. Outsourcing has become a significant facet of modern hotel management. As the market for outsourcing grows, it will have a dramatic impact on how businesses are structured, managed and viewed by owners, employees, and customers. In spite of fairly extensive coverage given to hotel outsourcing management issues, there has been limited academic research in this area. Besides, no specific accounting focused studies concerned with hotel outsourcing have been found in the literature. 1.5 Research Objectives The purpose of this research work is to examine and assess the effectiveness of outsourcing of the hotel. The main objective of this research is to examine and discuss the influence the outsourcing of the hotel and its impact on cost and benefits. This research work also aims to provide an insight of how important the outsourcing is to increase the productivity of the hotel. Outsourcing carries significant implications for a hotels cost structure and control procedures. In light of this, it is important that hotel accountants are appropriately equipped to play an active role in outsourcing decision-making and control. The objective of this research is to provide a management accounting perspective on issues surrounding hotel outsourcing management. This work outlines the many costs and benefits that should be considered when deciding whether to outsource. The objectives are as follows: To criticallydiscuss the effect and influence the outsourcing of the hotel on business performance. To study about how does outsourcing is managed by the hotel. To discuss and identify critically how it helps cut costs while managing outsourcing. To discuss about how it help compete with other hotels in order to cut costs and earn profits for the hotel. 1.6 Ethical Issues In preparing my research project it is important that I need to consider with the ethical issues that will arise when I was collecting data and trying to make communication with people. I also believe seriously the human rights and wrong of what I may be undertaking and the moral values and principles that guide my actions. à ¢Ã¢â€š ¬Ã‚ ¢ I have done my communication section very clearly and sincerely for the understanding of the nature and reasons for my research, whom it may benefit and how, and what costs or risks are involved for informants. à ¢Ã¢â€š ¬Ã‚ ¢ I respect peoples even they are not cooperate with me, or pull out from the project. à ¢Ã¢â€š ¬Ã‚ ¢ I also tried to avoid, or at least acquire some ladder to reduce, pointless Destruction, hazard or false to the collection of people I was learning and working with them as well as sourcing embarrassment to them. à ¢Ã¢â€š ¬Ã‚ ¢ I tried to protect the individuality of respondents where essential and treat them with respect. à ¢Ã¢â€š ¬Ã‚ ¢ For the privacy I did not allowed any third parties access to sensitive information I may have obtain. à ¢Ã¢â€š ¬Ã‚ ¢ Regarding the confidentiality it was totally in memory contracts with the person, the group of people, or an organisation, about what may be done with their data. à ¢Ã¢â€š ¬Ã‚ ¢ Regarding the anonymity I can give the certainty that there was a require of identifiers vis-à  -vis information that basically indicate which individuals or organisations provided which data. Consideration of the above issues clearly I can take it very critically when I need to handle the responsive information. 1.7 Hypotheses Successful implementation of outsourcing can result in enhanced brand recognition and profitable for the hotels. Outsourcing can reduce cost and risk and can give some better feedback for the organization. Outsourcing can enhance hotels competitiveness Outsourcing can be a positive contribution for the financial position of the hotel Chapter 2 2.0 Literature review 2.1 Introduction of Literature review 2.2 Outsourcing Contract with two organization one is outsource supplier and another one is outsource holder . most of the big companies currently prefer the outsource process for their different type of service, such as call canter services, food and beverage outlet-mail services, recruitment process ,Marketing and HR process. Those processing can be handle by the supplier and outsource holders can trust them fully because outsourcing providers basically more careful and aware regarding their responsibilities. Knowles and also Davis .Lockwood, Pantelidis and Alcott (2008) define contract catering and food services management as operations that provide meals in outlets that do not have the provision to produce them. Moreover Coates (1971 cited by Wilson, Murray, Black and McDowell 1998:74) define a contract caterer as: An individual or company, who in recognition of financial reward, will undertake to administer, control and direct a specified catering operation within the guidelines stipulated by the [client] company. 2.3 Reasons of outsourcing Although the main objective of outsourcing is often cost reduction, many companies fail to realize any cost benefits. In particular, Gartner is predicting that by 2007, 80% of organizations that outsource customer service projects with the primary goal of cutting costs, will fail in that attempt. Part of the reasoning behind this statistic is the high staff attrition rates at outsourcing companies, sometimes as high as 80% to 100%. Combine this added cost from attrition along with the hidden costs of client loss due to increased frustration and its clear that an outsourcing engagement, if not careful monitored, can easily fail. Among the lots of reason of outsourcing some key reasons are flexibility, cost reducing, availability, good quality etc. All those factors are influencing the organizations of hospitality industry to go for outsourcing. It can reduce the risk management for the particular organization as well. Another important reason for outsourcing is the time convenience in terms of quick service. Outsourcing is an important phenomenon in hotel sector. It is changing from a tactical to a strategic perspective, with greater scope and relevance to the creation of competitive advantages. The opening up of hotels to outsourcing and strategic alliances improves individual competitiveness, but also has strong repercussions on destinations, especially those in a stage of maturity and requiring new approaches to improve competitiveness. This change in inter organizational relationships to a strategic perspective requires new theoretical and practical frameworks to make it easier for hotels to outsource their operations with greater potential for competitive advantage. 2.4 Outsourcing and organizational performance Outsourcing is attractive to senior management because it improves some of the Dimensions of organizational performance (Lilly et al., 2005). According to the survey, conducted by Accenture and the Economist Intelligence Unit, two-thirds of the respondents all of whom had been outsourcing a major business process for at least two years agreed that outsourcers who know how to manage the process can enhance their companys performance and achieve a high level of satisfaction with the results (Lacey and Blumberg, 2005).Gilley and Rasheed (2000) proposed that organizational performance in hotels improves for three reasons. First, an increased focus on a firms core competencies is an important benefit associated with outsourcing (Dess et al., 1995; Gilley and Rasheed, 2000; Kotabe and Murray, 1990; Venkatraman, 1997). The evolving literature on core competencies has been concerned with the make-or-buy decision that every firm faces. Should a hotel run its own restaurant, clean its own rooms and common areas, and trim its own trees, or should it outsource these tasks to vendors that specialise in catering, janitorial services and grounds keeping (Espino-RodrÄ ±Ã‚ ´guez and Padro ´n-Robaina, 2005; Taylor, 2005; Walker and Weber, 1987)? Ronald Coase (1937) first tackled this question 70 years ago in a classic article. His broad argument was similar to Adam Smiths: if an outside party can do the work more efficiently and inexpensively than can the firm itself, then the outside party ought to do it: if the firms employees can do the job better, then the work ought to remain in-house (Bahli, 2002; Espino-RodrÄ ±Ã‚ ´guez and Padro ´n-Robaina, 2005; Taylor, 2005). 2.5 Conclusion of literature review There are a number of studies that focus on explaining the effect of outsourcing. Abraham and Taylor (1996) find that firms contract out services with the objectives of smoothing production cycles and benefiting from specialisation. Raa and Wolff (2001) find a positive association between the rate of outsourcing and productivity growth (Jiang and Qureshi, 2006). Elmuti (2003) also provided support for empirical evidence for an outsourcing-productivity relationship. He found that outsourcing accounted for about 40 per cent of the variance in productivity. Many outsourcing studies in hospitality industry debate the advantages and disadvantages contractor catering and food service management operations. This research critically discuses to what extent hotels can benefit from outsourcing their food and beverage operation. A hotel may benefit from outsourcing their Food and beverage facility because managers can focus on their core competency. Also, it brings to the hotels external suppliers investment and with it innovation at minimum financial risk. For this reasons hotels are likely to gain better competitive advantage. Chapter 3 3.0 Methodology 3.1 The nature of study In light of the substantial international literature describing hotel outsourcing, it appears that outsourcing in hotels is relatively limited. Like there are some key sections for outsourcing for the hotel Industry those are HR process, marketing and pay roll. 3.2 Source of Data and Data Collection Procedure The research has been conducted with primary data. For the primary data collection process I used the qualitative date collection process which is interview base. For my study I chose structure interview and prepared a list of question. Based on my question I have done my interview through asking question step by step which helped me to get result very clearly. 3.3 Population and Sample Size of this Study Holiday Inn is the UKs largest and fastest-growing hotel brand with over 580 budget hotels and more than 40,000 rooms across the UK and Ireland And from all of them my research area is Holiday Inn Brentwood, UK, were considered as the population for this study. From the management team 8 to 10 were selected as the respondents for collecting the data for my research. The responses of the respondents interviewed were analysed to gain insights into qualitative aspects of the outsourcing activities used by their firms. Qualitative analysis of the collected data from the respondents firms has been made. 3.4 Interview Question The research data were collected using Interview Question. At first a request letter were e-mailed to all the operation management team of the Holiday Inn Hotel , a population of more than 8 team members in total. In all, 3 responses were received, representing a response rate of over 40%. And finally got the appointment for the interview with the Operation Manager of Holiday Inn Hotel and two of the members from their management team. Non-response bias may also possibly have affected the results. Respondents were asked to answer their question step by step .interview question was divided into three sections, each of which is detailed below. A copy of the questionnaire is included as Appendix 2. Interview with Operation Manager It was a face to face interview and the time period was one hour. There was a sample question which contains 3 sections. All regarding outsourcing of Holiday Inn hotel. First section was regarding outsourcing functions and benefits; second section was regarding the suppliers and quality of outsourcing and the third section was the opinion part of the respondent. Interview with the management team members It was also a face to face group interview with two management team members. It was more than 30 munities discussion and was a very effective session for my research. Location The interviews were in Holiday Inn Brentwood M25, Jct.28, and Brook Street, Brentwood, CM14 5NF United Kingdom. Other details The research was conducted between 5th December and 6th December 2010.Respondant was Ujjal Chwdhury the operation Manager, Ashfaq Khan and Azaz Bhimani the management team members.The researcher is Farhana Sorker. 4.0 Finding and Analysis 4.1 Background of the organization The first Holiday Inn opened in  Memphis,Tennessee  in  1952. The chain was established to provide inexpensive accommodations for families and travelers within the US. It was acquired by the Intercontinental Hotels Group  (IGH) in  1990. In October  2007, IHG announced a worldwide relaunch of the Holiday Inn brand including a redesigned welcome experience along with signature bedding and bathroom products. Included within the Holiday Inn brand is  Holiday Inn Express, a mid-priced chain of express hotels which focuses on value and convenience for business travelers who dont require more than the most standard amenities. 4.1.1 Brand Image of Holiday Inn Hotel One of the worlds most recognised hotel brands with a global reputation for service, comfort and value. Holiday Inn offer todays business and leisure travellers dependability, friendly service and modern attractive facilities at an excellent value and at convenient locations throughout the world. Since 1952 Holiday Inn Hotels have provided the services business travellers need, while also offering leisure travelers a comfortable, casual atmosphere where they can relax. And now, a global relaunch of the Holiday Inn brand family is in its final stages and is expected to be complete by the end of 2010. The relaunch will improve quality and service levels, and drive consistency, creating a new, more contemporary brand image at all Holiday Inn hotels around the world. 4.2 Summary of findings 4.2.1 Outsourcing Function in Holiday Inn Hotel Holiday Inn Hotel working with Hcareers to outsource their recruitment process which is basically working for their workforce. Hcareers have a very good image in the market as a outsource provider.And they are providing the accurate one in the accurate place for theorganization.Currently Hcareers operating their business among three countries, those are US which is Hcareers.com , Canada which is Hcareer.ca and Hcareers.co.uk in United Kingdom. And all are working for the hospitality related organization. Who are looking for the job in the hospitality sector they can go and open the page and can apply over their. Hcareers trying to provide more flexible system for the job seeker. According to the operation manager of Holiday Inn Hotel it is clear that they are really happy with Hcareers service and they are getting the right person in the right place for their organization. Also they are working with caters.com for their outsourcing And for their marketing process they are using HS company and getting all the services for their promotion process. 4.2.2 Benefits of Outsourcing Outsourcing is the exercise of getting service from outside firms to maintain work usually performed within an organization which can be a familiar concept. Holiday Inn currently outsources their recruitment processing and marketing as well. Most of organization do not concern about the benefits of outsourcing. Outsourcing can reduce cost and save money, which can be a big reason to go for outsourcing but there are some more reason as well .outsourcing can reduce the management risk for the organization and can give a financial support as well. Flexibility and availability of service or product is an good example as well. And Holiday Inn is one of the companies getting the following benefits from the outsourcing. Control capital costs:  reducing cost for the organization is not only the good point to outsourcing but also it is a really major factor. Outsourcing exchange fixed expenditure into changeable expenditure, which can make complimentary assets for savings somewhere else in their industry, and allows them to stay away from huge expenditures in the early phases of their business. Outsourcing also makes their organization more attractive for the investors, since they are able to drive extra assets in a straight line into revenue-producing performance. Increase efficiency:  Doing everything by own the companies need to follow some more investigate, expansion, promotion, and delivery charge. Thats why Holiday Inn decides to do the outsourcing process. By outsourcing they are getting more efficiency in their business. Reduce labour costs.  Maintaining the HR department by own can be very costly for an organization, and its also heard to get feedback on right time by the temporary employees. So that Hiloday Inn working with Hcarear and caters.com and this Outsourcing by which they can focus their human resources where they require them mainly. Start new projects quickly.  Holiday Inn getting the best service and facilities from their outsourcing firms. Because of the flexibility, efficiency and availability they can start a new project within a very short time and can get the services from their outsource providers as their requirement. Focus on your core business.  All organization has restricted capital, and all managers has inadequate time and concentration which is not different for Holiday Inn. Outsourcing helping them for their business to move its focal point from tangential performance toward work that hand out the customers outsourcing helpful for managers to place their precedences extra evidently. Reduce risk.  All business has some risk and they have to face it when they operate their business. Every thing can change very quickly in this world .Outsourcing providers take for granted and handle this risk for the Holiday Inn Hotel, which normally a large amount better for come to a decision how to avoid risk in their section of proficiency. 4.2.3 Suppliers Hcareer and caters.com and HS company are the outsource suppliers for Holiday Inn Hotel.Hcareer and Caters.com is for their recruitment process and HS Company is for Marketing strategy. 4.2.4 Quality maintain by outsourcing The Product Specification Quality Requirements (PSQRà ¢Ã¢â‚¬Å¾Ã‚ ¢),The ultimate goal of The PSQR is to act as a central point to assemble, share and verify critical information related to the product. The Product Specification (PS) details the products bill of materials, packaging and other physical components and their assembly or relationship together. The Quality Requirements (QR) details what is expected from the product in terms of appearance, workmanship, performance, testing and packaging. Together they form the complete PSQR, which becomes a controlled document, and becomes the marching orders for the Quality Team at the outsourced manufacturers facility to see that the product produced and shipped is equivalent to everything outlined and detailed in the PSQR. Typically, the development of the PSQR is a cumulative and additive process with a focus on continuous improvements over a reasonable amount of time. Team involvement is essential to make the PSQR comprehensive and relevant for all users. Seldom is it perfect from the start. It is only after considerable c ontributions and sharing / debating by various personalities and disciplines within the system that a PSQR can be at its peak of usefulness and relevance. All participants in the PSQR development process must pay very close attention to details to ensure success. The following template has been developed and refined over a number of years in practice of managing the quality of products at outsourced suppliers facilities. Designed to be prepared in close collaboration with the outsourced supplier it presents a standard format for compiling the Product Specifications and Quality Requirements and may easily be adapted to meet special requirements as needed. In this way Holiday Inn getting the more quality service from their supplier and controlling the quality of their company. 5.0 Recommendation The key things for outsourcing that have to have a good negotiation power when an organization decide to do any outsource, need to have a right people in contract respect to details to be actually tern on the negotiation basis and the contract need to be actually followed up so ether way in terms of breach of contact than both party should know in respect of what is can do things and what cant do things in respect to the both of the organization (Outsourcing provider and outsourcing holder) to help. And the same time the cost element effect organization can subsidise quite a lot because the delivery will be on time. So based on that its better for organization to move forward and to get a better product and resource its better to go for outsourcing. 6.0 Conclusion At the end of this research it clearly understandable that hotels are really benefited by doing outsourcing in terms of management risk and cost quality control process. It can enhance the hotels competitiveness and can reduce the operational risk which indicate that outsourcing has positively contributed to the financial position of the hotel. By outsourcing when an organization can get more benefit rather than doing things by own, so it can be happen that most organizations are really dependent on outsourcing. From the hospitality industry hotels are like Holiday Inn hotel getting a big amount benefit which is helping them to operate their business very frequently with a good quality and assured them to keep the business for long time. By this kind of facility organization can achieve their goal on time.

Gang Violence Essay -- Argumentative Persuasive Gangs Teen Essays

Gang Violence Gangs are becoming a growing problem in American society. More young people are turning to gangs to solve problems in their lives. When youths join gangs they drop social activities with family, friends and school. Members fall behind their classmates in school and do not try. A study shows that less than 1% of gang bangers is literate1. Gangs destroy teenager lives and destroy their chances for a good education and happy life. Gangs are now a haven for rats.   Ã‚  Ã‚  Ã‚  Ã‚  Teenagers are joining gangs every day. They join gangs for many reasons. A former gang member known as G-Ball was very young when he joined a his gang. He and a friend would play a game. They would pose as gang members to be cool. Then police arrested him and other gang members for stealing cars. G-Ball never wanted to be a gang member he wanted to act and dress like one.   Ã‚  Ã‚  Ã‚  Ã‚  Another former gang member, Alonzo, age 17 wanted to join a gang because he had nothing to do after school. Both he and G-Ball joined a gang by choice. Keith, age 17 was forced into a gang. If he didn't join, he'd be hunted down and killed by the gang members. When older family member already in a gang, younger siblings are often forced in.   Ã‚  Ã‚  Ã‚  Ã‚  Many gangs use graffiti to show their power and to mark their turf. "Everywhere you go you see graffiti." Professor Allen Walker Read of Columbia University said, "The pen is mightier than the sword." Gangs in Parma are very active with the pen. They "tag" their property buildings and houses everywhere. Police want to know where all the parents are. Why aren't they doing anything about this? Many people in Parma want to know the answer to the same questions.   Ã‚  Ã‚  Ã‚  Ã‚  Cincinnati also has active gangs. "Graffiti is a creeping problem in every neighborhood and in and on public buildings" said Mayor Roxanne Qualls of Cincinnati said. Graffiti is so bad that Star Bank has donated $25,000 to have students to help clean up all the graffiti.2 The city made a group called the "E-Racers". These people are ready to clean up all the graffiti. The gangs set school buses on fire, tear-up park benches, and drive across lawns including the police station lawns.   Ã‚  Ã‚  Ã‚  Ã‚  Graffiti comes in many forms. Pictures are used to mark property (turf) but you may also see strange writing below it. They say to other gangs that they're the best, the number 1 gan... ...30 Jun. 1994. Breckenridge, Tom. "Gang graffiti makes its mark on Parma." The Plain Dealer 26 May 1994. Clinton, William J. "National Gang Violence Orivencion Week, 1994." The White House: Office of the President of the United States Sept. 10,1994 Internet. Delgado, Robert. "Anti-Gang Movement" Doug's Home Page Sept. 28, 1995. Internet. Gillispie, Mark. "Chicago gangs still thrive in the city of their birth" The Plain Dealer 12 Jan. 1992. Gillispie, Mark. "Federal agencies shift concentration to gangs" The Plain Dealer 19 Jan. 1992. Gillispie, Mark; Shepard, Paul. "Former gang members recall `gentler times`." The Plain Dealer 12 Jan, 1992. Gillispie, Mark; Shepard, Paul. "Suburban police hoping to nip gangs in the bud." The Plain Dealer 17 Jan 1992. Horswell, Cindy. "Gangs get a dressing down." Houston Chronicle 28 March 1992:1A+ Marrison, Benjamin. "Mayor seeks `New Cleveland`." The Plain Dealer 1 Feb., 1992. Neff, Jon. "On-line Guide to Gang Signs and Graffiti" Highway 51 1995 Internet Phoenix Police Department -- G.R.E.A.T. Phoenix Police Department Home Page 1994 Internet. Welson, Roger. "Off the wall" Natural History May 1993

Economic Growth And Standard Of Living Essay

To understand any topic it is always important to take note of the key words. In this case I am going to first pin point the key words. Economy in a lay man’s language is the management of finances or care in the use of resources. Others may say it is a system of producing and managing resources. This then puts everyone in light that economic growth as the increment of management and use of resources like finances, wealth and so on. Standard of living can measured by types of living styles that is quality (living in high standards and able to afford especially the basic needs) or of no quality that is (poor quality most especially not being able to afford the basics in life and probably living below the poverty line) (Elkington J. , 1974); Economic growth is seen on both extremes by different individuals that is the best or worst and the sides of it depending on how it has affected their standards of living. The way it affects the standards of living in the present and how it affected in the past is very different from the way it will be tomorrow. Its further expansion today has also affected different individuals differently. Others have seen it to have caused more harm than good while others see it to have caused more than more good than harm and this second group appears to be the majority hence increasing the gap between these two groups of people (The World Business Council for sustainable). Nevertheless economic growth to a larger extent is seen as a valuable vehicle for raising standards of living in aspects like social life, political aspects and even psychological aspects. Since time immemorial, everyone valued a high standard of living and every member of the family and society worked toward achieving more and more resources so as to live a better life. Men, women and children for instance did farming and cultivated food crops for home consumption. This was in the past before the innovation of cash economy. In that era, the three fundamental processes used in economic growth were identification, cooperation and imitation Aragon-Correa and Sharma S. , 2003 and Dunphy D, Griffiths A, and Benn S. , 2000). Today or presently it is true that further economic expansion has been seen. This is why the world today bases on the mechanism of â€Å"survival for the fittest†. This mechanism is mainly trying to see that everyone actively participates towards economic growth and hence improving their standards of living. So people have just deliberately decided to be lazy and they are the same people complaining of economic growth as unnecessary. They have given others the opportunity to even grow richer as they (the lazy ones) become poorer. It is important to note that as the world economy grows, the standard of living also grows. It does not remain stagnant hence the capacity of manpower in the society should also increase so as to match the economic growth and avoid lagging behind. It is done in this manner, and then the difficulty of economic growth affecting the standards of living presently will not be felt (World Economic Forum). It is seen clearly that as world’s life proceeds, very many aspects change. For instance, the population of South Africa in early 1930’s cannot match or be the same as the population today. Today’s population has definitely outgrown the one of 1930’s hence the economic growth will remain a valuable vehicle for raising and not degrading the standards of living if we check into issues like education, population control, employment especially skilled manpower in professional fields, etc. good example here is population control. In the past population was not as big and huge as today hence the issue of poor standard of living was not intensely felt. Today the population has double even tripled in specific places. This then has led to shortage of land, food, employment, schools hence giving the first priorities to the rich who can scramble. This then has led to high illiteracy, creation of slums, high crime rates. So if population standards are controlled by example introducing and sensitizing people on the issue of using contraceptives, keeping people in schools especially women who can go up to high institutions of learning hence making them concentrate in books and by the time they think of marriage, they are old enough not to give birth to too many children as compared to when they are out of school making them marry early and bearing many children. The issue of education, population control will improve both the economic growth and standards of living in the long run (World Economic Forum). Another very crucial thing is and that we in the world today cannot do without is the fact that of the machineries invention and innovation. This was not in the past, but today it has actually improved our majority standards of living. It is a fact that even the poor man at least can afford some kind of machinery for instance he or she may not afford a television set but may afford a small radio of about three dollars. This is because it is extremely important to listen to and know what is going on in the world through that small radio an issue that was not there in the past though people at that time were still comfortable because these machineries were not there. This hence is seen that economic growth is vats and can accommodate everyone. This means that despite the economic growth, there are still some cheap commodities that can be afforded by the low level people so as to enjoy their lives. The economic growth is also seen to incorporate the non professional activities for example engaging in vegetable sales, shoe shining, house helps and so on. Not everyone has a professional duty like teaching; nursing, etc yet even the non professional people must live and enjoy their lives. By doing their non-professional duties, they also actively participate in economic growth. For instance, a person doing the shoe shine job will have to buy the shoe polish hence contributing to the economic growth of the shoe polish company. On the other side of the economic growth, which is also to a lesser extent, I see its further expansions to be unnecessary and especially when its undesirable effects are considered from a true – cost perspective rather than form a true – benefit perspective (World Economic Forum). As I have discussed in the previous paragraphs, everyone cannot be the same in terms of gifts and talents, in brain, strength, authority and understanding. There must be both low and high level people. This also applies in the standard of living which is determined by the economic growth. For sure it is true that it affects people differently. In the real world, today, this economic growth has made the rich richer and the poor poorer. This hence has made the poor group to look at economic growth as an enemy. This is mainly because the poor have not been given a chance to enjoy the changes that come with economic growth. For instance, most of the poor people are not computer literates hence when employment opportunities come up, the first requirement is computer literacy which completely excludes them from the race even when one had the potential of doing that job. These computer courses are mainly provided in the schools of the rich (International Chamber of Commerce, Business charter for sustainable Development, 1990). Economic growth has been accompanied by a lot of bureaucracy. The rich people have taken the top levels and the poor people the low levels. It becomes very difficult for the one at the bottom to reach the one at the top. Before one reaches to the top from the bottom he or she must have used a lot of time, some little finances so as to get favours fro above. Those favours mainly may not be there because the ones at the top always are interested in doing things that favour and benefit them especially when it comes to finances thus rendering the poor back to or get stuck in poor living standards (World commission for Environment and development, 1987). When it comes to distribution of resources, it is clearly seen that some regions in countries are not considered or given priorities. This then instead of improving their standards of living through economic growth, they continue to deteriorate. A good example is usually when the politicians especially the presidents in the third world countries who give priorities to their regions of origin neglecting the other regions. This is even worse when a certain region has got no representative in the government hence making them curse the economic growth (World Economic Forum). In summary, I have discussed that economic growth is for raising the living standards to a larger extent in that †¢ It helps improve the capacity of manpower thus encouraging participation to improve the living standards Because everyone wants to olive in a good standard population will be controlled and hence more savings for more economic growth. †¢ Education is seen as an important factor leading to both economic growth and standard of living though in the long run †¢ Employment opportunities which leads to earnings and savings hence considering both the economic growth and living standards as valuable †¢ Economic growth being vats tha t is accommodating both the rich and the poor through machinery. An example is if one cannot afford a television then he r she can buy a radio which he or she can afford to listen to hence seen as improved his or her standards of living. †¢ it has too much bureaucracy making low level people not reach the top people †¢ Top people are seen as selfish and just for issues that benefit them especially finances. †¢ Poor people not given a chance to enjoy changes that come with economic growth for example computer literacy which is mainly taught in schools for the rich. In conclusion, economic growth is important to our living standards but can be disastrous especially when others are deprived of it. This ends up creating gaps between people hence leading to other social problems. There is a low level of economic growth rate. Economists’ researchers have maintained that in order for economy to realize good standard of living 10% increase in her economy is necessary, she must invest 10 % of her national income. Reduce consumption, increase investments or savings at same time reduce the family size children or they end up in vicious cycle of poverty. There is a lot of pressure in terms of provision of social services in un developed world. This leads to difficulty in distributing resources equally. It is also costly because of the large numbers thus social service provision becomes inadequate. It is seen to be affecting the nature of social services for example leading to poor housing and low quality of education.

Essay on Control Theory Corporate Crime - 3821 Words

Conflict theory primarily argues that it is the economic system of capitalism itself that produces crime however, in order to understand the causes of corporate crime, the neoliberal framework and its utilization must be examined. Neoliberalism accords the state not to intervene or regulate the market, and in effect produces inequality but most importantly crime. Criminal acts are committed by the elites that are following the core of the neoliberal doctrine which is maximizing profits while minimizing costs. Corporate crimes are committed by executives or executive officers on behalf of corporations to further their own interests or the interest of the organizations’. These crimes can result in harming the working class which may†¦show more content†¦This result in a conflict between the culture of competition and ethical standards however, corporations are not like humans they are artificial legal entities with perpetual life chartered by the government for their ex istence (Nadar, 2004; pg 8). Corporations have achieved a status where they have all constitutional rights that people have except the right against self-incrimination. Corporations engage in criminal activites on a number of different levels that harm and affect the general public however, the public for the most part remains unaware of these activites because these elites invest in hiding the truth which thereby renders their actions invisible. THE INVISBALITY OF COPRORATE CRIME Secondly, Marxists argue that is it the connected ability of the powerful to manipulate values of society which is why corporate crimes are rendered invisible. 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