Family Business-Cadbury (Chocolate) Essay

The Cadbury company is known for its chocolate-covered Cadbury Crà ©me Eggs, one of its many confectionary products.   Cadbury Chocolates hold a formidale 10% of the total market share of confectionary industry, making it the second-largest candy maker in the world next only to   Mars. Other candy brands produced by Cadbury are Dairy Milk, Flake, Trebor and Bassett, and Green & Black’s (Answers, 2009). I.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Organisational Structure Cadbury is a leading global confectionery company with an outstanding portfolio of chocolate, gum and candy brands. The company employs around 45,000 people and operate directly in more than 60 countries. Cadbury dates back to 1824, or 185 years and counting.   John Cadbury, the original owner, first opened shop in Birmingham, UK.   The first products sold were tea and cocoa. In 1831, Cadbury produced drinking chocolate and cocoa. In 1969, Cadbury merged with Schweppes and became Cadbury Schweppes. In 2003, Cadbury acquired Adams Confectionery which owned the Trident and Halls brands. On 7 May 2008, a demerging of Cadbury Schweppes occurred. Dr. Pepper Snapple Group Inc takes care of American beverages business and Cadbury takes care of the chocolate and confectionary business. The type of organisational structure being implemented in Cadbury is hierarchical structure. In a hierarchical structure, the chain of command starts from Managing director down to the Clerical Support assistants.   The top management makes the decision for the company.   These decisions are passed down to its staffs.   In this kind of organisational structure, the procedures and roles are clearly delineated.   This way the accountabilities are openly identified (Coursework Info, 2003). Cadbury organisation is being run based on the principles of democracy. Decisions are arrived at by conferring with several members of the company giving them a chance to voice their opinions before decisions are finalized (Coursework Info, 2003). Ideas are being discussed and given much thought as a group. The entire Cadbury organisation is built on Democratic structure because Cadbury wants all members to know and understand the importance of roles they are assuming.   Individuals are also given the chance to demonstrate their initiative, at the same time, and they are required to work as a team (Coursework Info, 2003). Cadbury remained a family business all throughout its operation.   Even when it merged wtih the Schweppes, Cadbury chairman must be a direct descendant of original owner John Cadbury and majority of its shares of stock are owned by family members or trusts. The Schweppes Limited however is never family-oriented.   For almost 200 years since its inception, the top management does not belong to a Schweppe (Answers, 2009). Current Cadbury Top Management Roger Carr, Chairman He became the Chairman in July 2008 replacing Sir John Sunderland. He became part of the Board of Directors in January 2001 and assumed the role Deputy Chairman and Senior Independent Non-executive Director in May 2003. He is also the Chairman of Centrica plc (Cadbury, 2009). Todd Stitzer, Chief Executive Officer He became part of the Board in March 2000 and CEO in May 2003. He was Chief Strategy Officer between March 2000 and May 2003. Prior to this he was President & CEO of Dr Pepper/Seven Up, Inc. between 1997 and 2000 (Cadbury, 2009). Andrew Bonfield, Chief Financial Officer Designate Became CFO Designate in February 2009 and CFO in April 2009. II.   Four Non-Core Elements a. Production United Kingdom Cadbury UK owns Trebor Bassett, Fry’s, Maynard’s and Halls. The confectionery company in the UK is Cadbury Trebor Bassett.   In August 2004, Cadbury UK had eight factories and 3,000 staff. Biscuits under Cadbury brand, such as Cadbury Fingers, are using the licence of Burton’s Foods. Ice cream using Cadbury products, is made by Frederick’s Dairies. Cadbury’s cakes and chocolate spread are made by Premier Foods. United States Cadbury plc’s in the United States owns confectionery unit Cadbury Adams, which produces gum and mints not chocolates. Hershey’s bought the chocolate business from Cadbury’s in 1988. The chocolate products may bear the Cadbury name but the chocolates are actually manufactured by Hershey’s and are being sold in Hershey’s chocolate stores. This has led to a marked distinct taste of the Cadbury products such as Whole Nut sold in the United States.   The chocolate is less sweet compared to those sold in the United Kingdom (Hersheys, 2009). In line with the production of Cadbury chocolates using cocoa for its main ingredients, the company forged ties with government bodies to promote the welfare of its cocoa farmers.   In January 2008, Cadbury formed the Cadbury Cocoa Partnership with the United Nations Development Programme, local governments, farmers and communities (Cadbury, 2009). This aims to promote sustainability of cocoa-producing areas such as the farmers in Ghana, India, Indonesia and in the Caribbean.   Cadbury intends to put up  £45 million to finance activities that would (Cadbury, 2009): †¢ increase incomes of the cocoa farmer †¢ find alternative sources of rural income †¢ invest in programs that promote the community †¢ to create partnerships Production activities of Cadbury have been aimed at producing the best chocolates at reasonable prices. By taking care of the welfare of the farmers, they are assured that they qualities of the main ingredient in their chocolates – cocoa – are not compromised. By making the farmers happy, they in turn, reaped benefits from it.

The Effects of Illiteracy

The Effects of Illiteracy Literacy is defined as the ability when reading, writing and working with basic numbers. On the other hand, illiteracy is fundamentally not being able to read or to comprehend written communication; in fact, illiterates cannot understand some opinions from other persons. People who are illiterate feel pressure from society and they start to feel emotions such as anxious and depressant because they cannot read or understand simple things, for example: read a newspaper, the inability to follow written instructions, read signs on the road, and so on.There are two effects of illiteracy: illiteracy creates an obstacle to their development as well as a function on society and toward their self esteem. Illiteracy has become an impediment for those people who want to improve in their lives, which include a social development or I could say â€Å"social function†. According to the Deputy Minister of Education of Lesotho, Mrs. Malijane Maqelepo says that illite racy is an obstacle that prevents people from participating in their country’s growth. Lena) But as we know, the growth of a country comes from the people who contribute with it and, of course, these people are not illiterates they had an adequate education when they were kids. Illiterates are concerned about this because it formed a basis for their general knowledge, and the consequence of not having a good education is that they cannot apply for a job that involves either read or write or both of them, normally both. Likewise, an illiterate wants to attribute to his country its development. Countries with a high illiteracy rate are more likely to be disadvantaged.If a populace is not literate, it cannot be involved in high tech jobs. New careers such the sciences, mathematics, and technology are primarily established in countries that have literate populations. Therefore, illiteracy does not encourage positive social change, personal growth, or the preservation and developm ent of language and culture. However, illiteracy not just affects the social development but self esteem. Self esteem can be affected by this issue to a point that the illiterate person may feel there is no hope of ever becoming literate, and in fact, they feel as a failure in the life.The self esteem in illiteracy has certain characteristics that lead to an attitude, which in sometimes the person can feel depressant and anxious for becoming a literate; as a result, its basic comprehension skills begin to decay and it makes difficult to gain or to develop skills such as writing and reading. Self-esteem is intrinsically tied to illiteracy. For instance, a qualitative study of the perspectives of adults with low literacy skills revealed how much patients feared that their poor reading skills would be exposed. â€Å"I don't tell anybody or say anything (about my illiteracy)†, said one. â€Å"They might think I'm a bad person. (Brez) These pressures can tempt them to feel unacce ptable for society so they do not have an emotional safety; as a result, their sense of control and personal responsibility cannot take it when given power and control, plus they do not have that confidence to deal with it. In addition, being literate can improve self-esteem, individual empowerment and the improvement of livelihood. In conclusion, illiteracy can be regarded as one of the most important problem on society because prevents the development of a person who wants to progress with its life, but not just that, it decays the self-esteem of them.So it has to be eradicated, likewise, illiterate people will not feel such a useless and will have the confidence to interact with people and give opinions of what had told to them because sometimes they get confused with some things; as a consequence, they are lost in what they have to think or to say. Works-cited list: * Brez S, Taylor M. Assessing literacy for patient teaching: perspectives of adults with low literacy skills. J Ad v Nurs. 1997; 25:1040-7. * Lena. â€Å"Illiteracy is an obstacle – Maqelepo. † 06 September, 2002 http://www. gov. ls/articles/2002/Illeteracy%20An%20Obstacle%20-%20Maqelepo. htm.

J.L. Mackie

J. L Mackie Introduction Mackie’s argument The proposed solution to be discussed and Mackie’s response to it is the claim that ‘evil is due to human free will’ and as such it cannot be attributed to God. Evil should instead be attributed to the free actions of individuals, the power of which has been endowed upon them by God. While it is acknowledged that there exists evil in the world, as a result of some human free will, it is claimed that freedom of will is a more valuable good than any resultant evil. Through God allowing such freedom, He has satisfied His ‘wholly good’ requirement. Creating men who always choose good Mackie’s first criticism of this solution is that if God was omnipotent and he created men so that they would favour choosing good over evil, why did he not create them such that they would always choose good? The obvious response to this claim is that to constrain man’s actions in such a way is to critically undermine freedom of the will; to demand that man always choose one way whether it be in the promotion of good or evil is still to control his will and deprive him of his freedom and autonomy. Paradox of Omnipotence Adequate solution For Mackie, an adequate solution is one that if adopted the initial problem does not arise for you, however the solution may have raised other problems. The only discussed solution that does not hold God responsible for evil in the world is the compatibilist approach to free will. Upon formulating this solution the two major issues are on the interpretation of omnipotence and freedom. Omnipotence has been revealed to be an almost meaningless term by way of the paradoxes that it gives rise to, such as the ability or inability of an omnipotent God to make rules or animals that restrict its own powers. The interpretation discussed and ultimately the proposal that gave rise to a compatibilist approach was that proposed by Mackie and so there is little that he could criticise about this part of the argument. Conclusion Mackie’s argument that God could have made men always choose good undermines the most valuable good which is freedom of the will. His claim that this implies that it must then be a logical necessity for man to choose wrong instead of good is not accurate, for it is sufficient to be a logical possibility for man to choose wrong. On this interpretation freedom is maintained, however the strongest objection arises with the omnipotence paradox. A resolution for this paradox can be reached using Mackie’s dichotomy of omnipotence. The resulting solution maintains God’s omnipotence and man’s free will and while there exist some issues as to the credibility of this interpretation of freedom, as described from a compatibilist perspective, these are ‘other problems’ and as such the solution can be classified as an adequate one.

Summary of Recent Research 8 Assignment Example | Topics and Well Written Essays - 250 words

Summary of Recent Research 8 - Assignment Example history, ulcer history, physical activities, the nutritional preventive measures and the psychosocial measures applied during their illness was collected. The findings indicated that preventive activities coupled with social support prevented the recurrence of the leg ulcer (Finlayson, Edwards & Courtney, 2011). Multiple regression models were applied, where the survival analysis technique was applied to elicit the relationship between the preventive activities and the social support offered, to the survival and non-recurrence of the leg ulcer in the individuals. This was followed by the application of the Cox proportional-hazards regression model, which evaluated the influence of preventive activities and the psychosocial factors on time lapse before the recurrence (Berger, Shuster & Roenn, 2006). The findings of the study is statistically significant, since they indicated the out of the 80 individuals who participated, 35 of them had an ulcer recurrence, with 22 of them being those who lacked adequate preventive practices and social support (Alexander & Matthews, 2010). Finlayson, K., Edwards, H. & Courtney, M. (2011) Relationships between preventive activities, psychosocial factors and recurrence of venous leg ulcers: a prospective study. Journal of Advanced Nursing 67(10),

Building Community as a Leadership Discipline Dissertation

Building Community as a Leadership Discipline - Dissertation Example Such leaders avoid acting in a dictatorial manner. They are usually motivated while working in settings characterized by facts, whereby they can apply theories and their expertise as well as analytical skills. They set achievable goals that are understandable by everyone. These are achieved through the allocation of roles to the employees, and supervising to ensure that the process follows the right track while adhering to organizational policies. They respect the management hierarchy, whereby each level of management is significant in the process.  Due to the fact that an organization has to be faced with dilemmas, the structural leader is usually faced with situations whereby a balance has to be established between the external environment and the organizational practices. Such a leader usually focuses on plain and consistent thinking in order to deal with organizational problems as well as utilization of the available opportunities (Bolman and Deal 2008). This is dependent to a large extent on the environment that the leader works in. A favorable working environment is usually a derivative of the predecessors in the organization’s management. The structural leader ensures that he leaves an enabling environment once he leaves an organization. This facilitates learning in the leaders who come thereafter. On the other hand, he ensures that the present leaders within the organization, especially those working under him have such leadership qualities as him/her. The organizational strategy is usually developed through structural Leaders, who are keen on the working framework, environment, the realization of organizational goals, testing as well the necessary reforms within the organization.

AML- KYC (anti-money Laundering- know your customer) - TD Canada Trust Assignment

AML- KYC (anti-money Laundering- know your customer) - TD Canada Trust Retail Banking - Assignment Example The improvement of the KYC/AML policies would enable the TD Bank to better understand its customers, the principals underlying customers who play the agent role and their financial dealings which can assist mutual fund to control its risks vigilantly, as well as understanding the beneficial owners in instances of entities that are non individual. In order to improve the TB Bank (KYC/AML) Know Your Customer and Anti-Money Laundering policy and procedure emphasizes should be directed on the general doctrines undertaken by the bank to establish an effective process of record keeping, reporting, internal control, and customer identification in an effort to check money laundering related operations, or financial terrorism. The criteria for customer acceptance policy in TD Bank should be tightened in the sense that accounts must not be opened in a factious or anonymous entry or name; customers should only be accepted after identity verification; the customers must as a matter of caution, be classified in different risk categories, with each having a criteria of acceptance; new customers identity must be scrutinized to ensure that it does not have any criminal record or banned entries. However the implementation of customer acceptance policy should not be so stringent such that it obstructs banking services to the public in general, and those who are socially or financially underprivileged in particular. The TD Bank in an effort to improve its KYC/AML policies must adhere strictly to the rules of customer identification procedure. This should involve identification and verification of customers’ identity through independent and reliable source documents, information or data. To improve this policy, the bank must be satisfied that the potential customer is actually who he claims to be. In addition, TD bank must ensure that enough information is obtained on the purpose, identity, and

Why Has Apple become increasing popular Essay Example | Topics and Well Written Essays - 1250 words

Why Has Apple become increasing popular - Essay Example The company started as a computer company with the best known hardware being the Mac computers, the iPhone, iPod music player and the iPad tablet computer. All of the company’s hardware operates on consumer software known as the iOS operating system and for comparison purposes it can be likened to Microsoft’s operating system called Windows. The company has gone through a dynamic metamorphosis from a computer company to a consumer electronics company since its founding days in 1976 to present. The incorporation’s consistent innovation and inventions I the information technology industry has seen it steadily rise to become one of the leaders in the market. This can be attributed to a myriad of factors that have been strategically combined the founders of the company to facilitate the transition of the company from just a mere computer company to a giant in the industry. This paper seeks to discuss the factors behind Apple Inc.’s increasing popularity in the global consumer electronics market.... The advent of the internet and rapid advancement in information technology (IT) resulted in globalization and the propagation of mobile communication devices (West, Joel & Mace 2). Steve Jobs was the co-founder and owner of Apple Computers Inc. and his accredited with turning the company’s fortunes around when he designed, developed and introduced the iPhone into the company’s products portfolio. The company changed its name to Apple Inc. an indication that it was breaking away from tradition and venturing into the consumer electronics industry. The consumer electronics industry is characterized by electronic equipment meant for everyday use in office productivity, entertainment and communication (Gross 3). This can be lauded as Apple Inc.’s turning point to profitability after its slump pre-consumer electronics era. This led to the growth of Apple’s market share into a global phenomenon changing its previous market niche of the US only. The companyâ€℠¢s venture into the consumer electronics market with the iPhone, iPod and iPad revolutionized the mobile device communication and technology (Bostic 1). The combination of the introduction of new consumer electronic products and consistent innovation of mobile phones, personal computers and portable music players can be attributed to Apple’s rise in the industry. Apple Inc. operates in a technology intensive market that is characterized by cutthroat competition and a constantly changing environment in terms of product relevance and market dynamics. Technology is at the core of Apple’s contemporary market that ranges from commonplace consumer products which is the main focus of its niche market to esoteric products. Apple’s Steve

PSYCHOLOGY OF INDIVIDUAL AND ORGANISATIONAL HEALH Essay

PSYCHOLOGY OF INDIVIDUAL AND ORGANISATIONAL HEALH - Essay Example Therefore, it is important to understand how these common drugs work, its relation in history and to the economy as well as prevention and rehabilitation in the workplace. One of the most commonly used drugs in the workplace are the use of alcohol and tobacco products which are controlled substances regulated by the UK government and legislation. Alcohol is a depressant which depresses the central nervous system as well as other functions. Many people who are stressed turn to alcohol due to the wide variety of alcoholic substances that are available as well as the accessibility. Alcohol can act on multiple neurotransmitters in the body which affects the reinforcing behavior which can make it a liability in the workplace. Alcohol decreases the secretion of acetylcholine, can elevate GABA levels as well as increase dopamine and epinephrine (Light 1986). Acetylcholine is involved specifically with the regulation of the central nervous system which in turn under the influence of alcohol slows down reflexes, lowers concentration rate, blood pressure, etc. Increases in dopamine and GABA can also lead to a state of calmness. In contrast, many people find that they become tired at school and work as well. This has lead to a prevalence of tobacco in the workplace whether in the form of dip or in cigarettes. Nicotine in tobacco is a stimulant which acts on nicotinic receptors. It causes an increase in acetylcholine which is what causes the increased awareness and attention as well as keeps dopamine from breaking down as quickly by causing it to stay in the synapse longer. Also, with smoking you have the problem of positive reinforcement in that they associate the relief of stress when they smoke. Knowing the basic principles of human behavior and drug abuse is the first step in understanding why that pattern of behavior develops and what preventative measures can be taken to inhibit this behavior. It is also important to consider the personal factors that can make a pers on use a drug. Some of the main ones are hereditary factors, personality, psychological conditioning, and social class (Hanson et Al., 2006, p. 45). In genetics, it has been proven that certain people are more susceptible to drug use than others. In determining who is at risk for alcoholism, researchers discovered that genes encoding for alcohol dehydrogenase and aldehyde dehydrogenase play a role in determining a person’s susceptibility to alcoholism (Foroud et Al., 2010, p. 65). Personality and psychological conditioning are also important when determining susceptibility to drug use. Those that have what is considered to be an â€Å"addictive personality† may become fixed on drug use which then as a result can become an addiction based on psychological conditioning i.e. smoking. Social class and status may also play a role in drug use due to the type of budget that their income is based off of. The history of alcohol and tobacco use is also important in understanding their occurrence in the marketplace. There were a few key points in history that might have influenced the regulation of drugs and alcohol in the workplace and out as well. In the Victorian era, it was common for the gentleman to smoke and have a brandy while they discussed politics and other important matters. It was also common place for the users to engage in other elicit drugs such as cocaine and opium (Victorian Substance Abuse 2000). As both

Drug and Substance Abuse Testing Essay Example | Topics and Well Written Essays - 1000 words - 9

Drug and Substance Abuse Testing - Essay Example As the paper outlines, welfare was designed to help the underprivileged in the society. Through welfare, the poor and the disabled population in the society are able to re-enter the workforce and to subsequently care for themselves. The fact is that ever since its incorporation, welfare has been able to assist numerous families and needy individuals in the society. However, the Welfare Reform consequentially contributed to a significant reduction of welfare dependants. Consequentially, regardless of the significant financial savings accrued to the welfare reform, this policy has facilitated the increase in unemployment levels. Moreover, drug testing by itself does nothing to promote employment, economic stability or responsible parenting ("Drug testing for welfare recipients to be considered by state Senate" 6). Recipients point to data showing that those on welfare are far less likely to do drugs than those who are not on welfare. Moreover, the monthly assistance checks barely cover necessities (Dawkins 2011:1). Therefore, the implementation of such a policy is an indication of stereotyping by the legislature, based on the assumption that welfare recipients are more likely to abuse drugs.  The adoption of state drug testing requirements are unconstitutional and a violation of privacy. This issue came out as a result of the Michigan statute that was influenced by the Marchwinski case. In the case, Marchwinski v. Howard, the plaintiff challenged the Michigan state statute, arguing that the case suspicion-less drug testing was an unconstitutional search under the 4th amendment (Schaberg 583). The court held that suspicion-less drug testing is a blanket condition that is relevant in order to receive state assistance.

Evironmental factor paper Essay Example | Topics and Well Written Essays - 750 words

Evironmental factor paper - Essay Example Domestically, Coca-Cola has designed a line of merchandise that features polar bears and many of these items are collectible. In fact, Coca-Cola paraphernalia has been a nostalgic collectible for several years as there are people all over the world hunting down items that are vintage but boast the company’s name and logo. It is all a means of advertisement and promotion but has been popular for several decades. It has become a leader among branding and includes the bottling of more than just Coca-Cola but also soft drinks and Vitaminwaters so to appeal to not only those whom drink soda, but also for those who wish to drink decaffeinated beverages and other non-carbonated drinks. Some of the environmental practices that could greatly impact the Coca-Cola company is that some people simply live in third world countries and may not have access to their products. This company does not necessarily target them as a priority audience but does its best to sponsor worldwide events which gain a lot of global attention such as the Olympic Games in which they have been corporate sponsors of the events on several different occasions. This familiarizes the entire world with the brand. Additionally, as chain restaurants such as McDonald’s has grown and become a global fast food chain, the company serves Coca-Cola beverages in their soda machines. This means that for anyone who orders a fountain drink at any location around the world, McDonald’s is under contract to serve Coca-Cola drinks. If one were to travel abroad, they might be interested to find that the formula of Coca-Cola is different in various different locations. In some parts of the world, the drink is sweeter than it is in other regions while in other areas of the world, the level of carbonation is also different as I have discovered this on my own, having ordered Coca-Cola products in other countries and the tastes are significantly different among a wide spectrum of

OHMs prac report Essay Example for Free

OHMs prac report Essay Introduction: OHMS Law states that the current passing through a conductor between two points is directly proportional to the potential difference (i. e. voltage drop or voltage) across the two points, and inversely proportional to the resistance between them. The mathematical equation that describes this relationship is: Independent Variable: changing the resistance (OHMS) Dependant Variable: The current (A) is decreased because of the increasing resistors. Constant: The voltage is kept constant but is changed at the end of each test to make the investigation more accurate. Materials: Method: 1. Collect materials listed in above diagram 2. Set up apparatus shown above 3. Set the voltmeter to 1 volts and place the lead in the 5 OHMs resistor 4. Turn to the Power Pack and record the reading on the ammeter 5. Repeat step 3 and 4 2 more times. 6. Change the volts to 3,5,7,9,11,13 and 15, remembering to only record with the 5 OHMs resistor. 7. Record the results using the 5 OHM resistor 8. Repeat steps 4 7 but instead of using the 5 OHMs resistor, use 10 OHMs, 18 OHMs and 56OHMs resistors 9. Clean up all equipment and analyze the results Results: Current (A) Volts 5 OHMs 10 OHMs 18 OHMs 56 OHMs 1It can be seen from the Graph that as the volts increased and so did the resistors, the current was recorded lower that the previous. The highest current recorded was, 2. 557amps with a resistance of 5 OHMs and a voltage of 15 volts. The lowest current recorded was, 0. 017amps with a resistance of 56 OHMs and a voltage of 1. This shows that as the resistors increased the current was weaker, than of a low resistor at the same voltage. Using the Formula and rearranging the equation so R is the average value for the Resistor can be found. The Formula now would be . The Average resistor value for: The 5 OHMs resistor = 5. 857, The 10 OHMs resistor = 10. 340, the 18 OHMs Resistor = 18. 038 and the 56 OHMs resistor = 56. 238. Discussion: Systematic errors: The resistor not calibrated to the exact value displayed Ammeter not calibrated properly Voltage on battery pack not correctly calibrated properly Random errors: Leaving the resistors on to long causing the resistors to over heat and decrease the resistance. Loss of resistance to the resistors due to ware and tare on the resistors over a long period of time. Damaged equipment. Humidity and room temperature Improvements: There are some possible improvements that could be made to improve the results and practical experiment. The Equipment should be checked prior to the practical to reduce errors during the experiment. Also introducing more accurate results by recording the results ten times, instead of five, and work out the average. Use digital ammeters to measure the current. Compare the results to other practicals that were conducted and compare views and data. The Results: It can be seen from the Graph that as the volts increased and so did the resistors, the current was recorded lower that the previous. The highest current recorded was, 2. 557amps with a resistance of 5 OHMs and a voltage of 15 volts. The lowest current recorded was, 0. 017amps with a resistance of 56 OHMs and a voltage of 1. This shows that as the resistors increased the current was weaker, than of a low resistor at the same voltage. Conclusion: The Hypothesis is correct, as the volts and the resistance was increased, the current decreased. Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Electricity and Magnetism section.

Incarceration of African American Males Essay Example for Free

Incarceration of African American Males Essay Introduction The trend of African American males between the ages of 25 and 29 has seen a dramatic increase of incarceration. Attention has been focusing on areas of housing, education, and healthcare but the most prominent problem for African American males is the increase in the incarceration rate. African American males between the ages of 25 and 29 incarceration rate has been thought, by many, to be caused by economic factors such as under employment or unemployment, poor housing, lack of education, and lack of healthcare. Yet, others believe it is due to the imbalance of minorities within the criminal justice system, such as judges, lawyers, and lawmakers. This paper will explore two different outlooks; society has come up with so far, as to why African American Males between the ages of 25 and 29 are increasingly incarcerated. Finally, the information will give awareness to the problems that is faced by African American Males between the ages of 25 and 29. Prevalence – Problem 1 More than 40% of all American prisoners, men and women, are African American men, yet they make up just 13% of the U. S. male population (Roberts, 2004). This statistic does not include those African American men who are in local jails nor does it include those African American men under custodial supervision (Table 2). They enter the state and federal prison system, at the prime of their economic and reproductive lives and yet they exit prison behind both economically and socially. The high rate of incarceration among African Americans has been noted by the interconnection of poor economy, lack of affordable housing, mental illness, substance abuse, domestic violence, absence of a strong black male role model, lack of access to education, or some type of combination of these factors. Statistics don’t even give African American males a good chance to stay out of jail. They have a one in four chance of being incarcerated, while Hispanic American males have a one in six chance, and white males only have a one in twenty three chance of incarceration. The color of African Americans sets them apart and makes them targetable. Prevalence – Problem 2 There is evidence, in our American Justice System, of structural inequality as seen in the percentages of minorities to the percentage of majorities employed in high ranking positions, within the system. The percentage of United States judges by race are 79% Caucasian, 12% African American, and 2% Hispanics American (Federal Judicial Center, 2012), as for the thousands of lawyers in the United States it is approximate of 3% are African American (National Law Group, 2010-2011), and about 1 in 4 police officers are members of a racial or ethnic minority in 2007 (Bureau of Justice Statistics, 2013). An investigation into racial profiling showed that African American and Hispanic American offenders, who often are young unemployed males, are more likely than their white counterparts (Spohn, C., 2000). Their prison sentences are also typically longer or they receive differential benefits from guideline departures than do similarly situated white offenders (Spohn, C. , 2000). We must acknowledge the problems of racial disparity within the criminal justice system, communicate racial disparity within the criminal justice system with those we who are not informed of the problem, and stay committed to changing racial disparity within our justice system for change to begin. Causes In researching the high rate of incarceration in America it is more likely than not that the increase in African American Males being incarcerated is due to the War on Drugs (Table 1). It is public knowledge that drug crime ranks high among the effects of poverty. These poor neighborhoods not only endure crime they have poor schools, poor food, cramped living areas, and shortage of jobs if any jobs at all. Drugs and drug crime has become regularity in low income communities, arrests of Hispanics made up 55% of cocaine powder offences and 52% of marijuana offenses and 49% involving opiates: African Americans were suspected in 75% of crack cocaine cases; White males were suspected in 41% all methamphetamine cases (Motivans, M. , 2011). Decades of failed public and private remedies for chronic disparities and disadvantages in communities of color invite us to reexamine systems and institutions that provide and restrict opportunity in new ways (Lawrence, K. , 2011). The causes seem to be intertwined being poor equals, equals a poor education, equals lack of employment, and ultimately equals an increased rate of crime. Consequences The causes seem to be intertwined being poor, equals lack of education, which equals lack of employment, which equals increased rate of crime which equals impossibility to join criminal justice system. Also, many of these men are incarcerated while all the other non-incarcerated American young men are finishing school, starting careers, earning seniority at work, marrying and having children thus gaining capital. Even when released from prison, these men return back to their communities with a felony record that will pose extreme problems for them. The incarceration leads the released convict into a lower social class even if they were considered lower class Americans prior to their incarceration; they now are lower in social class standing in most instances. This leads to a poor African American community, perhaps as many as 50% of the male population will have been in prison. These incarcerated African American Males, who are in their prime of life, also are leaving half the families in this community facing such things as poverty, lack of affordable housing, mental illness, substance abuse, violence, absence of a strong black male role model, lack of access to education, or some type of combination of these factors. The community ultimately will become poverty stricken, struggling to survive, and ultimately vulnerable to the situation repeating. Solutions – How can this be changed? There are four key aspects to addressing racial disparity, in my opinion: 1. Acknowledge 2. Communication 3. Setback = Strength 4. Commitment Not only is the problem of racial disparity under recognized by society it is not being communicated effectively to make change. Majority groups needs to acknowledge racial disparity and minority groups need to communicate their knowledge regarding racial disparity. As each group majority and minority begins to become share their information with each other and work together for a common solution acknowledging there will be setbacks but with continued commitment systemic change will happen. Conclusion By refusing to tolerate disparate treatment of people of color or anyone within the criminal justice system we empower ourselves and our country. It is time that everyone including our legislators, law enforcement, prosecutors, defense attorneys, and judges work collectively and courageously to eradicate this negative stigma. Despite, America being known for its equal rights we are living proof that in this era inequality is a factor that cannot be taken lightly. The statistics that are surrounding African American males is astounding. We need to empower African American males with the knowledge that they have a one in four chance of becoming incarcerated. It is also important to know that Hispanic males have a one in six chance, and white males have a one in twenty three chance of incarceration. All of these statistics need to be addressed to empower each and every one us. Throughout history we have not seen a change in majority groups (White, Male) and minority groups (Women, anyone that is not White) although we have seen numbers of minorities increasing at a fast pace. Today, however, the election of Barack Obama, not once but twice, may set the new ideal of what an American actually is. As we embrace different cultures and their ethnic backgrounds society will prosper. As society increases their knowledge, in regards to each person’s differences, they will acquire greater strength and prosperity. The only issue, that can occur, will be in the short term empowering others to embrace diversity. When we look beyond short-term, focus will shift to diverse empowerment through embracing the knowledge of our differences thus making us stronger as a society. TABLE 1: BLACK PROPORTION OF DRUG ARRESTS, EXCLUDING MARIJUANA POSSESSION YEAR BLACK % 1999 40. 1 2000 39. 3 2001 39. 1 2002 35. 8 2003 33. 8 2004 33. 1 2005 33. 2 Data calculated from drug arrest figures by race provided by the Uniform Crime Reports division of the FBI TABLE 2: FBI CRIME REPORT Arrests By Race, 2006 [11,249 agencies; 2006 estimated population 216,685,152] Total White Black American Indian or Alaskan Native Asian or Pacific islander Total White Black American Indian or Alaskan Native Asian or Pacific Islander TOTAL 10,437,620. 7270214 2924724 130589 112093 100. 0 69. 7 28 1. 3 1. 1 Drug abuse violations 1376192 875101 483886 8198 9607 1000 63. 6 35. 1 0. 6 0. 7 DUI’S 1034651 914226 95260 13484 11681 100 88. 4 9. 2 1. 3 1. 1 Liquor laws 466323 398068 50035 12831 5389 100 85. 4 10. 7 2. 8 1. 2 Drunken-ness 408439 344155 54113 7884 2287 100 84. 3 13. 2 1. 9 0. 6 Dis-orderly conduct 5117264 325991 179733 7606 3934 100 63. 0 34. 7 1. 5 0. 8 (The FBI: Uniform Crime Report, 2010) References Bureau of Justice Statistics, 2013, http://bjs. ojp. usdoj. gov/index. cfm? ty=tptid=71 The FBI Uniform Crime Reports, 2010, Table 43, http://www. fbi. gov/about-us/cjis/ucr/crime-in-the-u. s/2010/crime-in-the-u. s. -2010/tables/table-43 Federal Judicial Center, 2012, Overview of the United States Court System, http://www. fjc. gov/public/pdf. nsf/lookup/FJC_Standard_PPT_English_June_2012. pdf/$file/FJC_Standard_PPT_English_June_2012. pdf Lawrence, K. , 2011, Race, Crime, and Punishment: Breaking the Connection in America, http://www. aspeninstitute. org/sites/default/files/content/docs/pubs/Race-Crime-Punishment. pdf Motivans, Mark, 2011, Washington, DC: US Dept. of Justice Bureau of Justice Statistics, http://bjs. ojp. usdoj. gov/content/pub/pdf/fjs09. pdf National Law Group 2010-2011, http://blacklawyers. net/ Roberts, D. , 2004, Measuring the Social and Moral Cost of Mass Incarceration, in African American Communities, http://www. law. fsu. edu/faculty/2003-2004workshops/roberts. pdf Spohn,C. ,2000, Thirty Years of Sentencing Reform: The Quest for a Racially Neutral Sentencing Process, http://www. justicestudies. com/pubs/livelink3-1. pdf.

Recruitment And Selection Plays A Vital Role In Every Industry

Recruitment And Selection Plays A Vital Role In Every Industry Recruitment and Selection plays a vital role in every industry. Recruitment is also the process of locating and attracting the applicants which are capable for the vacancy. Recruitment and selection both are very closely linked. Both of the activities directs towards achieving the appropriate candidate with the requisite competencies and attitudes. The recruitment can also be understood as the foundation for the selection process by providing the number of applicants from which the selection panel and select the suitable candidates. So it is the source of manpower to meet the requirements which are needed in the staffing (Flippo, 2000). There are basically two types of recruitment, internal and external. Internal recruitment can be understood as they where the suitable candidate is chosen amongst the employees within the organization; however external recruitment is where the suitable candidate with the required competencies and attitudes are chosen externally. In simple words the ou tsiders are invited to fill the current vacancy. The aims of recruitment are: To get a pool of candidates with appropriate competencies for the vacant posts To choose the candidate with the fair process To make sure that all the recruitment activities are achieved as per lines to the organizational goals The recruitment process is conducted in a cost effective manner The term selection can be the best understood as the process to fill the vacancy either internally or externally. . It is to make a choice among all the applicants and to choose the best for the organization (Banfield, P.Kay,R, 2008). The major goal of selection is to choose the best person for the job. Selection matches the candidates as per the job requirements to understand that how well the candidate will perform to the requirements of the offered position as they do not want that the candidate to leave the organization in a short span of time. As the recruitment and selection process costs to the company hence the selectors want the best candidate. Basically the objectives of the selection are as follows: To collect the relevant information. Organize and study the information collected. Evaluate each candidate. Hence, it could be better understood as the important aspects in the organisation. The organisation does the recruitment and selection to achieve the organizational goals. The inappropriate selection can result in the loss to the organisation. There are various ways of doing the recruitment, like advertisement, head hunters and some do the recruitment fairs. Hence the recruitment and selection process differs from the sector to sector. In current scenario, the company invests the considerable amount of money to recruit and select the best suitable person for the organization so that the person could be an asset for the organisation. The long process starts from, Identifying requirements, screening, process design and the process end by offering the appointment letter. After this the training is provide to the candidate. The training also cost a considerable amount of money on the candidate. The following stages are used in the recruitment process. Refer Fig . Identify vacancy Prepare job description and specifications Advertising the vacancy Managing the response Short listing Arrange interviews Conduct interviews and decision making India is recognized as the emerging economies worldwide. India has a large population and it has got a vast land size. The land size has a diverse culture and extreme diversities in income level which vary state to state. The country has a high level of illiteracy rate among the large population, however, the country still got a huge reservoir of managers and technological advanced talent. Between 30%-35% of population resides in metros and urban cities and rest in urban, semi urban and rural centres. The countrys economic policy framework reflects features such as structure, size and diversity of the banking and the financial sector. There are basically two types of sectors operated in India, Private sector and the Public sector. In the private sector there are three main types of organization, which are Sole traders, Partnership and the franchises. The public companies are those companies which are owned by the government. These companies are well known in national and as well as the international companies. Recruitment Process Fig , Different Stages for Recruitment process The country need to have a sound and effective banking system so that the country could have a healthy economy. The banking system of any country should be smooth and should be ready to face of the challenges which could be incurred by the technological or the other external or internal forces. The major name in the Indian banking industry is State Bank of India. This bank originates in the first decades of the 19 century. Later, it got merged with the imperial bank of India. Further the government of India nationalized the Imperial bank along with the reserve bank of India and the name was changed to State bank of India. It is one of the Indias largest commercial banks. The government controls maintains a stake of 60% in State bank of India. The bank has 13,500 branch offices throughout India, staffed by nearly 220,000 employees (Source: www.sbi.co.in). State Bank of India is also present worldwide. Not only is this but the important point to notice here that, because of the effective management the SBI has to manage to make an international presence as well. Thats the only reason that they have office in almost 12 other countries around the world apart from India such as the ones listed below (Source: www.sbi.co.in) Bahrain China Japan Mauritius United States of America Indonesia United Kingdom Nepal Singapore SBI Canada SBI California South Africa Aim of the Project The main aim of this research would be to target on the importance of recruitment and selection in one of the leading public and private sector banks in India, State bank of India and I. C. I.C.I and how does it differ from a private limited bank. Secondly, would try to find out, how the recruitment and selection process affects the applicants and their views, with the help of a questionnaire. Objectives of the project To identify the general practices used by both the public limited bank, State bank of India. To identify the general practices used by both the private limited bank, I. C. I. C. I. To make a broader understanding as how the recruitment and the selection process affects the State bank of India and I. C. I. C. I banks. How the recruitment and selection in State bank of India differs from a private limited bank. To determine as which practice is the best form the comparison study. To find out the recruitment policy of ICICI Bank Importance of the Project Study The study that I have done is quite significant in one sense; its to highlight the practical application that the HR Managers need to deal with their HR policies relations and responsibilities. The study is to provide a flavour the recruitment and selection process is carried out in these banks. Reason for the Project The reasons for the project are quite clear, having a look the tremendous history of the bank. Its quite evident that any passerby would like to have a look, what is that has made the bank to become of the biggest in the country and a worldwide presence too. That is the reason that these project and research studies have been designed. The main reason for the project is to understand the business areas of these two major Indian public and private banks and understand their way of business and then primarily understand the HR plans and their working cultures. Because India being such a diverse nation and to put across any business lines or strategies it needs to be really sound and the people who are behind the planning and the implementation of these strategies need to be having the exact idea and the way the people are going to respond the idea of the bank. All this is done with a clear picture of the banks goals and objectives. So these are the main areas that are basically tired t o be analysed. The other important area to be analysed for this project is the customers and the bank relationships too. Scope of the Project The scope of this project is to understand the working and the recruitment and selection of the employees. The following points Extent of the Research Inclusions On the research Exclusion of the research Limitations to the research Literature Review As mentioned earlier, the term recruitment can be determined as the process of identifying the pool of appropriate candidates which is suitable for the job vacancy outside the organization or within the organization is a cost effective manner. However selection can be best understood as the process where the best person is chosen from a pool of desired candidates. The recruitment and the selection are the core areas of the human resource management. Hence, it makes the company to choose the appropriate person for the organization which helps in achieving the goals and performance of the organization. In simple words the recruitment selection chooses the best person for the organization. The recruitment and selection process focuses on the candidate which fulfils all the requirements of the vacancy and also trains them for the desired post. The employees are recruited on the basis of many things, good communication skills, flexibility and openness of the person etc. The recruiters sel ect the candidate on the basis of many qualities for the good performance and also on the qualities which they notice while interviewing the person (Hay, 2006). The largest country in South Asia is India. It has a huge financial system with varied financial institution. Indian banking sector was well developed prior to its Independence (1947). There was a significant presence of both foreign and domestic banks and well developed stock market. (Bery, 1996). In India there are 26 public sector bank, 22 private sector bank, 56 Urban and cooperative bank and 29 foreign banks in India (Indian banking Association). In India the top banks among all the banks is the Reserve bank of India. The Reserve bank of India supervises the banking functions of the other banks (Source: www.sbi.co.in). State bank of India is the largest financial service provider company. It provides a range of banking products. It has got 16,000 branches and India and has the highest branch in India. The company had a profit of Rs.10, 998 crores ($24.18 billion) (Source: www.sbi.co.in). Recruitment and selection plays a major role in any of the banking or financial sector. The people are the main force on which the economy depends. If the HR people take a wrong decision in selecting a candidate to work the company can die. The majority of the companies use the same pattern of recruiting and selecting the employees which are as follows: Job analysis profile of knowledge, skill, competencies, ability and the temperament suggest decision made on recruitment and selection. Identification of the need for the new employee through the re organization or by the replacement of the employee. Select the employee internally. Format the application and the process foe examining the criteria determined. Job vacancy and the other publicity material are put into the public domain. An application arrives Experimental procedures Research Methodology In my research I will be using the qualitative and the quantitative methods but will focus majorly on the qualitative method. The reason is that the qualitative data is quite descriptive and I will be able to express the results and also the feedback from the employees in a descriptive manner. The main aim of the study will be the recruitment and selection in State bank of India. The reason of retention in the companies, as the research requires more of interviews, which can be telephonic or face to face makes the report more descriptive. The questionnaire will be distributed in both the public and the private bank and the analysis will be done as which practice is the best. The project will be done in two stages. Primary research Secondary research Primary research Primary research involves the collection and also the raw data which is collected through surveys and interviews will be analysis. The result will be discussed and evaluated. The primary sources which I will be using to collect the data are- Collecting the data from common using questionnaires. Interviewing the employee and the HR managers of the multinational organization. Secondary research This research includes the study based upon the reading of the books and the journals which are referred in the library. The reading will involve the reading which is written by the different scholars on the same issue. All the arguments from the different scholars will be deeply analysis will be conducted. The conclusion will be drawn and then evaluated with the date and the finding collected by me. The basic understanding can be achieved by the review of the different books. The secondary sources which I will use to collect the data are- The digital library B.C.U library Human resource management articles and journals Business magazines Reports News paper articles Data Processing The graphs and the pie charts will be used to show the data collected from the questionnaires. The result be descriptive and will be achieved by the questionnaires and the personal contact with the Human resource management people and the employees of both the public and the private limited company. Concept of the Project The project is basically broken down into three broad areas Basic Recruit process and their importances Recruit and selection process of State Bank of India Recruitment and selection process of I. C. I. C. I A brief qualitative study is done on the three highlighted areas of the project, the main area of research is to analyse how the recruitment process of the bank are in line with the ones commonly followed by the general companies and the ones that are specifically developed by the bank keep in view their requirements etc. Methodology The following methodology is followed in this project in order to achieve the aim objectives. The following flow chart gets the information regarding the flow of the project and the way in which the result is and the analysis is carried out. Refer Fig . Recruit and Selection Process in Banks Recruit and Selection Process in Banks Recruit and Selection Process in Banks Recruit and Selection Process in Banks Recruitment Process Definition Understanding of Recruitment Recruitment means is the process of estimation of the available vaccines and to make the required arrangements for their selection and appointment. Recruitment can also be defined as the process for obtaining people for a certain job, and from the pool the right people can be selected. The formal definition of the recruitment process is Its the process of attracting and finding among them capable and suitable candidates for possible employment. The whole process starts when the new recruits are sought, and their applications are submitted to go to the next level of the process. This first process results in a pool of applicants for whom the potential new employees can be selected. The process with a wide range of publicity through different sources and the interested candidates are encouraged to submit applications for further processing and the following interviews. The most important thing to remember is to say that recruitment is the first step of contact that a company makes with its potential future employees. Recruitment is the process of searching for prospective employees and stimulating them to apply for jobs in the organisation Edwin Flippo Need for Recruitment The recruitment can be as a result form the following reasons that may arise in any of the companies or organisations The vacancies that are as result of internal departmental promotions, Employee transfers, Retirement of employees, Termination or Resignation of Employees, Permanent Disability of Employees and Death of Employees Requirement of new jobs due to expansion of the organization or diversification of business activities. Requirements that may arise due to increase in business resulting from the unexpected or massive success of a specific product or service of the company Refer fig . Fig , Reasons for Recruitment Importance of Recruitment The main purposes of the requirement are listed down of the many advantages of the requirement process a few are listed below. Refer Fig . To determine the present and the future requirements of any business in line with the HR planning To increase the capable resources for the business with a minimum impact on the budget for recruitment To increase the success and the efficiency of the selection process. This can be achieved by the reduction of under qualified and over qualified candidates To minimize the probability of candidates who may leave the organization after a short time. Because the recruitment process involves money and time. To help the company or the organization to meet the legal rules and regulations of the country Evaluate and increase the efficiency of the recruitment process and enhance the process and find out flaws from time to time in order to maintain the company standard. Fig , Functions of Requirement Effects of Improper and Unplanned Requirement Process The recruit process can be considered the deciding factor that plays a very important role in the companys search for the best talent available in the market in the form of the employees who are going to take the company to meets its goal and objectives but if the process is not carried in a planned fashion then it may result in catastrophic damage for the companys future operations. The following are a few effects that the company may face due to the poor recruitment techniques. Low productivity of the Employees Low or very little turnover of the company due to incompetency of the employees Excessive wastage of the resources due to lack of the best in class knowledge of the tools More accidents that may result at the work place creating a loss to the company Inefficient use of the tools and the companys processes Process of Recruitment The process of recruit is attracting the able candidates to fill the vacancy and become employees of the organisation. The process of recruitment has a few procedures that need to be followed at all times in order to successful completion of the recruitment process The recruitment process can be considered to be completed in the following five stages Planning the recruitment process Developing a strategy for the process Searching for the right candidate Screening the candidates Evaluation and control of the process The best recruitment process is the one that attracts a large number of applicants, who can survive all the above mentioned process. If not properly planned and executed may result in the loss of potential candidates. In order to avoid this the HR department needs to have clear idea of what is the job profile that is required and the type of assessment that are to be carried out in order to have the perfect applicant to be chosen. Refer Fig . Fig , Stages of Recruitment Process Phase 1 Planning Recruitment Process This is the first stage of the recruitment process, proper planning and process would help the company to select skilful and good potential employees from the pool of candidates. The main goal of the planning stage is the translation of the available job vacancies and the job description into an understandable format for the candidates to apply. The places where the walk-in interviews need to be taken and the people who are going to assists for the technical and the administration departments also need to made well in advance so that the potential loss of a expected candidate can be avoided. The main targets include. Refer Fig . The number of vacancies available in each of the specific category The type of applicants the company is interested The job descriptions and roles involved in the jab category Planning of the whole recruiting process from the venue to the people who are going to support the whole process. Fig , Recruitment Planning Process in an Organisation Phase 2 Developing a strategy for the process When the planning phase is successfully completed with de acceptance, form the head of the department s of the different departments. The next and the important phase of the process is to build a strategy for how the whole process is going to work and what is to be done the event of a unplanned scenario etc, who are the key and the responsible people for the whole event and any other related information tot assists the HR people to make decisions. The main important points to develop a strategy for the recruitment process are listed below. Refer Fig . Create the New Employees or Buy the New Employees * The technological tools that are required for the recruitment process Study of the Geographical distribution of the skill markets (Labour Markets) Study of Sources of Recruitment Sequencing the activities in the recruitment process Fig , Developing the Strategy for Recruitment *A Creating new employee is the process of hiring new applicants forms from the pool of skill that is a result of the advertisement and publicity. These after a proper and strategic assessment will be used for the selection of the candidate. On the other hand the Buying means hiring form a third party manpower suppliers a or taking people on a contract for a specific period of time. This type of recruitment is basically when you want people to work on a very specific and a limited basis. Phase 3 Searching for the right candidate The third phase in the process after the successful implantation of the other two is where and how to search for the perfect candidates and the perfect skills you are looking for. Studies have suggested that there are two basic ways of searching for the right candidate with the right skill set etc. This is taken in a step by step process with each other working back to back. Refer Fig . Step 1: Resource Activation request declaration form the middle management Step -2: Selling Step 1: Resource Request Typically in an organisation the recruitment process starts with a vacancy that has aroused in any of the departments such as the technical or non-technical or any of the administration departments. Once there is a vacancy or a n extra resource is required for the job then the middle mangers have need to pass it over to the top management or the bosses for a resource in the weekly or the bi-weekly meeting , then that is further cascaded to the HR to search for the suitable candidate. Firstly they have study in various aspects of the requirement, such as the Budget etc and try to see and internal was of filling the post and if they have no one to fill in then they starts using all the above mentioned ways to fill in the post. Step 2: Selling This is the second step is the immediate reaction the company is going to undergo once when they find a vacancy due for a filling, then they may use the advertising agencies in order to attract the right candidates and for further assessment before they can be hired Fig , Steps in searching phase of Recruitment Phase 4 Screening the candidates Screening is the most important of all the four in the sense that it differentiates or filter the good candidates from the bad or the ones that company would like not to hire. The recruitment process starts from the screening phase. All the scrutinised in this phase of the recruitment process, the following points are worth consideration to understand the process in more detail. Purpose of the screening process The main purpose of the screening process is for sough ting out the unfavourable conditions or the candidates who are not up to the mark and the standards at a early stage of the recruitment process. In the screening process there are no clear job specifications that are required for the candidate to have for the job. But as a good experience and good practice the candidates qualifications are judged on the basis of their skills, knowledge of the subject, attitude and important of all the interest to do the job. Refer Fig . Fig , Screening process for Recruitment The screening process vary for the different for kind of jobs that are required for filling and every job will need to be handle in a different way depending on the criticality of the job and the type of skills that are required for Example: There are some specific jobs such a s hiring a Professor for a educational Institution such as a university is a kind of typical situation. The applications that are received as a response to the publicity and the advertisements are screened and only the eligible candidates are called fro a personal interview. Then the interview is taken y a selection committee which may comprise of the important people of the university such as the Vice Chancellor, Registrar and the Subject Experts who can conduct the interviews. So even there are some certain ways to follow for the general situation for the screening process there may be certain situations there may be some enhancement to be made to the existing system or special type of committees can be brought in to do the job screening the candidate for the job. Phase 5 Evaluation and control of the process The evaluation and control is necessary and termed as the important step in the recruitment process. Because of the recruitment process there are costs incurred by the company so there needs to some kind of control over the money that is going into the recruit process with the budget that has been selected by the company. The following are the ways in which there can be money to be spent by the company. Salaries and perks for the people involved in the recruitment process The time of the management and the professional people spent on the preparation of the job vacancy numbers, Job descriptions, Advertisements, Agency Liaison, so on and so forth. The important and major way of spending on the recruitment is the advertisement and the contracts with the third party agents. Overheads and unplanned events that are a result of recruitment process and the administrative expenses. The extra cost that is resulting from the overtime and the outsourcing while the vacancies remain unfilled for a long time or there are very limited resources on a specific skill set. The cost that the company needs to bare due to the selection of unsuitable or candidates not fitting the bill for the job are selected. The above mentioned five phases of the recruitment process are the very common ones that are used for the recruitment by the organisation. But as it mentioned earlier as well that there may be other ways in which the recruitment process can be taken. So this implies to say that the recruitment process is a critical process and needs a lot of planning and in depth knowledge to pick the best candidates who have the desired qualities professionally and personally. The more the people who fit the job are picked the company will have a sure success then by selecting unsuitable people. Sources of Recruitment The other important area of the recruitment process is the sources of recruitment. The following the common ways in which the organisations generally source for the recruitment process in their companies. Refer Fig . The flow chart gives the information regarding the major of sourcing that can be used in the recruitment process. In order to have a diverse work force and good work culture its always better to have a new recruitment in order to have a new ideas to come in the process which may help the organisation in many ways. Because by the internal referral schemes it may be for a certain and a certain number of vacancies but if this type of sourcing is followed then it may have a certain disadvantages as well. Because this would have an impact on the companys future as well, if not corrected and acted in time. The sources of recruitment are broadly classified in two main categories Internal Sources of Recruitment External Source of Recruitment Internal Source of Recruitment Promotions and Transfers This is a very effective measure for the filling of certain type of vacancies depending on the personal records and the achievements of an employee. The personal records may include educational qualifications and the skill level incurred in the process of acquiring experience. Promotions are a best way to build up good relations between the organisation and the employee. This is way to build the morale of the employee apart from the encouraging the component individuals who are self motivated to make them more recognisable for a promotion. So, this is a good way to enhance the performance for the employees. On the other hand the transfers are other way to make the employees view the organisation on a broad spectrum. This may even be helpful to find employees for the future promotions. Employee Internal Referrals Employees can help their pals and family by acquainting them with the advantages of the company and the vacancy that are available in the company. The major advantage of this type of source is that the employees may only bring those referrals those they feel will fit the bill. This also gets the feeling of ownership for the employees. Former Employees This type includes the employees who are retired by but still can work on limited time basis such as Part time and also other employees who have left the company in the past but would return for better prospects or higher compensations. There are a lot of advantages in this type because these employees have a lot of information and good understanding of the processes of the company. This would further minimise the time in a sense there is no need for induction etc. This in turn saves time and money to the company. Recalling Earlier Employees This type can be used to recall certain employees who have left the company or made redundant in the past, because of recession or lack of business or order to conti

Comparing Christopher Marlow’s Doctor Faustus and William Shakespeare’s

Desire for Knowledge and Power in Christopher Marlow’s Doctor Faustus and William Shakespeare’s Macbeth Plays written during the Renaissance often show how an individual is shaped by that person’s deepest ambitions, such as the desire to know, to rule, or to love, and how these aspirations can lead people down dramatic paths.   Christopher Marlow’s Doctor Faustus and William Shakespeare’s Macbeth both involve noble protagonists who are portrayed as true subjects -   tragic heroes; their selfhood is defined by their ambition and the decisions that they struggle with while attempting to reach their goals.   Knowledge and power are the key objects of their desires:   Faustus’ desire is intellectual, he seeks omniscience, and Macbeth wants to rule Scotland, absolutely and unconditionally.   The desires that Faustus and Macbeth follow lead them to keep striving after more and more.   Both protagonists embark on a classic Renaissance pursuit - the consummate desire for knowledge and power, and these plays depict the tragedies that can arise from over-r eaching toward those desires.   An example of over-reaching on the part of Doctor Faustus and Macbeth is that, to fulfill their ambition, both characters look to activities that go against the prominent religious beliefs of the time, and that were considered offenses to the Crown.   They engage in transgression through unorthodox disciplines such as witchcraft and black magic, and supernatural elements exist within each play that help to define both protagonists as human beings.     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The Prologue of Doctor Faustus presents the themes of transgressions and overreaching when the chorus says, â€Å"his waxen wings did mount above his reach† (Prologue.21).   This line alludes to the prover... ...beth as key figures to represent the tragic consequences that can result from over-reaching toward goals, and through their unorthodox endeavors to fulfill their personal desires, Faustus and Macbeth are defined as subjects with humanistic qualities.   Both protagonists attain heroic status by their tragic flaw – excessive ambition and determination to pursue what they have undertaken to the bitter end Works Cited Marlowe, Christopher Dr Faustus in ed. WB Worthen The Harcourt Brace Anthology of Drama, 2nd edn., Texas: Harcourt Brace 1996. Shakespeare, William. "The Tragedy of Macbeth." Prentice Hall Literature: Timeless Voices, Timeless Themes. The British Tradition. Upper Saddle River, NJ: Prentice Hall 1999. Sources Consulted "William Shakespeare." BBC Homepage. Online. Available http://www.bbc.co.uk/history/culture/shakespeare.shtml. 26 Mar. 2004.

Linking Media Violence and Negative Behavior Essay -- Argumentative Pe

  Ã‚  Ã‚  Ã‚   Many Americans feel that the viewing of violence in the media reinforces negative behavior in society, especially among children and young adults. "Three thousand studies have been done since 1955 on the link between television and violence; 2,980 of them found a correlation between the two.   We hear little about that because we get most of our news from television" (Peterson).   With this much research one must acknowledge that there is a problem in America involving sex and violence in the media.   We cannot blame all societal problems on the media and its portrayal of these issues, but we can become educated, ourselves, in order to better facilitate the healthy lives of our children. "We, as a society, did this to ourselves," said psychologist Dr. David Walsh, executive director of clinics and systems operations for Fairview Behavioral Services in Minneapolis. "Violence grabs the headlines, but violence itself is a result of a society that promotes selfishness, greed and instant gratification" (Peterson).   Violence on public television often catches us in a serious debate.   Concerned parents fear that viewing inappropriate images presented by the media will corrupt America's youth.   They cringe at the idea of our nation's children growing up to be vicious killers due to the brutal violence often seen on TV.   Some blame television for most, if not all, of the ills of society and its children.   "Truly it accounts for about 10 percent of violence, which means that 90 percent is caused by other things," Leonard Eron says.   "Violence is a multi-determined behavior. It's caused by genetic, biological, physiological, macroeconomic and macrosocial facto rs, all of which can account for some part of the variance."   Understanding... ...http://www.apa.org/pubinfo/violence.html "Media Violence Chronology."   [Online] http://www.cfc-efc.ca/docs/00001061.htm Mortimer, Jeff.   "The 'V-Chip' and TV Violence."   [Online] http://www.umich.edu/~newsinfo/MT/96/Jun96/mta14j96.html Murray, John P. "Children And Television Violence." [Online] http://www.ksu.edu/humec/kulaw.htm Peterson, Patricia.   "Are We Selling Out Our Children's Minds?".  Ã‚   [Online] http://www.cyfc.umn.edu/Media/tvviol.html Redfern, Michael G.  Ã‚   "Youth Need Help to Process Messages of Sex and Violence."   [Online]   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   http://www.mediaawareness.ca/eng/med/class/support/mediacy/violence/mediavi.htm Run, Alvin B.   [Online] http://guide.lp.findlaw.com/casecode/ Talbot-Allan, Laura M.   "Canadian Radio-Television and Telecommunication Commission."   [Online] http://www.media-awareness.ca/eng/gov/crtc/crtc.htm

The Power of the Single Set in Educating Rita Essay -- Educating Rita

The Power of the Single Set in Educating Rita   Ã‚   There are obvious financial and logistical reasons for making Educating Rita a two-handed play, but Willy Russell does far more with this format than simply save money on actors and sets. The play is essentially about the impact of education on the lives of two people and it therefore does not need to distract the audience with Rita and Frank's other relationships and concerns. The depth and intensity of Rita and Frank's relationship is also highlighted by having them as the only characters on stage. It could be argued that the single room set does not give the audience enough of a sense of the social context of the two characters, but this is more than made up for by the incidents that they narrate about their lives outside Frank's study.    The single set represents Frank's personality and position in the intellectual elite. From its description in the opening stage directions, it is a typical don's room; lined with books, strewn with papers and decorated with a 'good print of a nude religious scene'. But Frank's first actions on stage undermine the high intellectual impression created by the room. He is searching his bookshelves not for a book, for but a bottle which he duly finds behind the highly respectable Dickens. When Rita eventually enters after her struggles with the door (symbolic perhaps of the obstacles placed on her road to enlightenment) she comments perceptively on the painting that, for all its value as art, is still just an excuse to look at a naked woman's body.    In Scene 2 Rita admires the room's appearance in spite of the fact that it is a mess.    Rita: How d'y' make a room like this? Frank: I didn't make... ...ople in a room talking is not a problem. The talk is what is important and Willy Russell marks Rita's progress even in this. Her early statements are full of colloquialisms, swearwords and references to popular culture, but as the play progresses the way Frank and Rita speak gradually comes closer together (apart from the Trisha-inspired false start of Rita talking, as Frank says, like 'a Dalek').    Ultimately, Educating Rita is a comic play which examines some serious themes such as social class and the transforming effect of education on working class people, who choose to take it up. The monotony of only ever seeing one set and two actors is more than made up for by the quality of Russell's comic imagination and the importance of his themes in today's society.    Work Cited: Russell, Willy. Educating Rita Methuen Publishing, Ltd. 2001

The Pruitt-Igoe Myth

In the middle of St. Louis, Missouri, just northwest of the Gateway Arch, is a vast and vacant fifty-seven-acre woodland. Oak and hickory trees are slowly reclaiming ground and overtaking the scant remains of thirty-three eleven-story apartment buildings, which once comprised the Pruitt-Igoe public housing complex. Completed in the mid-1950s before construction of the Arch even began, Pruitt-Igoe was one of the largest low-income public housing projects in the country. For nearly a decade, the complex distinguished the St. Louis city's skyline and received praise for its innovative modernist architecture that incorporated the planning principles of a radiant city. Yet just eighteen years after residents moved in, state and federal authorities demolished the towers with explosives and abandoned the site. What caused this immense failure in urban planning and public housing? This critical question is at the center of Chad Freidrichs' documentary, The Pruitt-Igoe Myth: An Urban History. The documentary claims that three interconnected issues account for Pruitt-Igoe's collapse. First, the economy essentially abandoned Pruitt-Igoe. After World War II, midwestern cities like St. Louis were flooding with poorer minorities from the southern states farms, where technology in agriculture displaced laborers. When these minorities arrived, the white middle class moving to the suburbs was nearly complete. Coincidentally, the same act that made Pruitt-Igoe possible also fueled this suburbanization via expanded Federal Housing Administration (FHA) loans that made houses on the city's outskirts more affordable. The documentary makes it clear that the move to the suburbs was problematic because it caused the de-population and de-capitalization of Midwestern urban centers, where public housing initiatives were underway and premised upon continued urban growth, demands for high density living, and available jobs—all trends that did not come true. The Pruitt-Igoe myth was confirmation of whites disinterest in accepting minorities into their communities. For example, the whites' exodus to the suburbs (getting away from black people) began reversing itself when some minorities began to move into the suburbs and some whites moved back to the city. Throughout St. Louis history, we see countless number of incidents like these in terms of gentrification. Homes are taken away from minority families through gentrification forcing families to leave their only habitats and social support with services and other needs. The history of Pruitt-Igoe sheds light on today's challenges the city of St. Louis faces in regards to racial disparities. Second, the documentary finds fault with the laws that built and maintained the complex. Pruitt-Igoe was a product of the 1949 Public Housing Act, passed to address mounting problems in urban low income neighborhoods by providing safer houses and eliminating profit making landlords. When it first opened, residents dreamt that Pruitt-Igoe could be a â€Å"poor man's penthouse,† offering beds for all family members, privacy, and healthier living conditions. However, as the documentary maintains, it was a naive assumption on the legislatures that better housing alone could fix the broad societal problems that gave rise to the â€Å"ghettos† in the first place. Further, former residents assert that one of the main reasons Pruitt-Igoe fell was the failure of authorities to plan for the future and secure funds for maintaining the large housing complex. Last and not the least, segregation and racism effectively eliminated any meaningful opportunities remaining for the residents of Pruitt-Igoe. From the beginning, authorities planned to officially segregate the complex and use public housing as a tool to prevent what was termed â€Å"negro de-concentration.† When Pruitt-Igoe opened, though, the Supreme Court's decision that same year in Brown v. Board of Education (1954) required a change of plans, but white residents simply left, which resulted in perpetuating the effects of segregation. Moreover, white public housing authorities attempted to control the predominantly African American inhabitants with moralistic rules, such as restricting adult men, single or married, from living in Pruitt-Igoe. This resulted in broken families and no role model black male figures to help guide the young ones. The residents of Pruitt-Igoe brought these and other numerous issues like sanitation, water, heat and electricity problems to the city and housing officials but to no avail. The City and housing officials failed the residents of Pruitt Igoe. The people were living under deplorable conditions and concentrated poverty but because of the color of their skin they couldn't get any meaningful help or attention. Today, the â€Å"Pruitt-Igoe† issues in St. Louis still exist. Houses and complex apartments may not be demolished, but the constant negligence and lack of support from St. Louis City and housing officials is quite stunning considering we're living in the year 2018. It's so unfortunate that the â€Å"Pruitt-Igoe's† racial issue and the affects are still present today.

Impacts of Rupee Appreciation/Depreciation on Import

INTRODUCTION CURRENCY APPRECIATION:- An increase in the value of one currency in terms of another. Currencies appreciate against each other for various reasons, including capital inflows and the state of a country's current account. Typically, a Forex trader trades a currency pair in the hopes of currency appreciation of the base currency against the counter currency. CURRENCY DEPRICIATION:- A decrease in the  value  of a  currency  with respect to other currencies. This means that the depreciated currency is worth fewer units of some other currency.While depreciation means a reduction in value, it can be advantageous as it makes  exports  in the depreciated currency less  expensive. For example, suppose one unit of Currency A is worth one unit of Currency B. If Currency A depreciates such that it becomes worth half of one unite of Currency B, then exports denominated in Currency A are only half as expensive when trading in a Currency B market. SIGNIFICANCE:- * When a c ountry's exports are high, the buyers of these exports need its currency to pay for those exports. When the country's central bank increases interest rates, people will want that currency to deposit in the banks to earn that higher interest rate. * When employment and per capita income in a country increase, the demand for its goods and services increases, along with demand for that country's currency in the local market. * Demand for any country’s currency on the foreign exchange market is determined by demand for that country’s exports of goods and services and by changes in foreign investment in that country.This is because when foreigners buy another country’s exports of goods or services they must pay for these in the currency of the exporting country. * In the same way, Supply of any country’s currency on the foreign exchange market is determined by that country’s imports of goods and services and by its investment in other countries. * Thus when the demand for a currency rises its price goes up and it becomes costlier. *   An increase in exports of a country will lead to an increase in demand for the currency and thus the value rises. *   Rapid domestic growth increases the demand for mports, while slow or no growth with foreign economies can cause a decline in demand for the country's exports. * If prices in both countries remain the same, depreciation will make foreign goods relatively more expensive to you, leading to a fall in imports. It also means that, even if prices remain the same, your goods will be cheaper to foreigners. They will buy more of your goods and exports will rise. As a result, your country's  net exports will increase. * The devaluation of the dollar will have a positive impact on the importers, while it will have adverse effect on the exporters.Importers of goods and services will be getting the goods and services by paying less THEORETICAL FRAMEWORK:- Currency depreciation is not at all g ood for economy of a country. Government always keeps an eye on currency fluctuation. More depreciation can cause major loss to a country. All this is related to export and import of a country. If a currency depreciates, it is the exporters who make good profit, where as importers are on the losing side. Depreciation discourages purchases of imported goods stimulating demand for domestically manufactured goods.The governments worldwide monitor appreciation and depreciation by using powerful tools like the base interest rates, which are usually set by the country’s central bank. Many a times this tool is often used to intentionally depreciate the currency rates to encourage exports. However, this can cause major damage to imports. Always a balance has to be maintained between export and import. Within a span of 5 year, the value of INR has significantly increased from around 40 to 54. 24 with respect to dollar. Indian economy is among the fastest growing economies of the world .The appreciation of the rupees against the dollar would be another giant sign towards its economic prosperity and augmentation. However, the economic epidemics like poverty, unemployment etc. , could not be dealt in the short-run. In the past one year, the dollar has dropped by around 15 per cent against Indian rupees. This reveals that positive or negative impact on volume of export or import would be around 15 per cent, which cannot be over looked as the exporters are suffering losses, whereas importer are on gain. However, the impact will remain until there is depreciation of dollar against rupees.If it continues, then a great change can be expected on a long run in international trade arena. Another impact would be the fantasy of dollar has been losing ground day by day. From analyses made it clear that earlier people were, fascinate about dollar due to its value against Indian rupees. However, the scenario has completely changed. Those, who were planning to move to US for job, now might plan to settle in Britain, as British economy is one of the strongest economies in the world REASONS BEHIND INR DEPRECIATION (SINCE AUGUST 2011)Since the transition from fixed exchange rate regime to market determined exchange rate regime in March, 1993, the INR value with respect to the United States Dollar [USD] had decreased manifold (Dua & Ranjan, 2010). The primary reasons that catalyzed the INR fall could be the increased trade between other countries. Post liberalization, the country witnessed an ever-increasing flux in the foreign inflows particularly due to the enticing growth potential of the country. However, this effect could not overpower the gap between import and exports [called the Trade Deficit].The offsetting effect of foreign inflows strengthened till mid-2008 (the rupee was once comfortably trading at 39. 15 INR/USD) when the banking crisis unfolded in the US leading to recession. Though commentators say that emerging economies like India and China wer e the least hit by the recession (in terms of output) (Ghosh & Chandrasekhar, 2009), the crisis took its toll on the INR. With the flight of foreign funds to safer haven currencies and better investment opportunities, the INR had no other choice but to fall. However, the recent round of depreciation of the INR is peculiar in some aspects.Though there was another crisis that hit the world markets, i. e. the Euro zone crisis, there was considerable lag in the effect, with the Euro zone crisis started looming as early as late-2010, the INR’s depreciation is felt only in August 2011. Major reasons behind this depreciation can be listed [in decreasing order of importance] as follows: * Outflow of funds (and/or) Impeded inflow. *   Ã‚  Ã‚  Increasing Current Account Deficit [CAD] *   Ã‚  Recovery of USD and Japanese Yen [JPY] – the long-term safe haven currencies. *   Ã‚  Ã‚  Lack of intervention from RBI FALLING RUPEE AGAINST DOLLAR 011 was the year of great stress fo r Indian Rupee. It has lost greater than 10 % of its value in the year 2011, making it one of the worst performing currencies in Asia. Logic says rupee appreciation shows the Indian economy is strengthening against US economy and depreciation makes the economy weaker. Overseas funds sold more than US$500 million worth of Indian-listed shares over the last 5 years, reducing net income for 2011 to less than US$300 million – a tiny sum compared with record investments of greater than US$29 billion earned last year, on November 21, 2011 alone.According to Federal Bank report, the premium banks pay to borrow dollars overnight from central banks will fall by half a percentage point to 50 basis points. The move was coordinated with the monetary authorities in Canada, the U. K, Japan and Switzerland and the Central Bank of Europe. ROLE OF GOVERNMENT OF INDIA AND RESERVE BANK OF INDIA The exchange rate is a significant tool used to examine the efficiency of economy. The exchange rate of the Indian rupee is dependent upon the market conditions, where the demand and supply play a major role.In order to adopt the effective exchange rates the RBI makes buy and sell transactions to keep the low variability and volatility in exchange rates. RBI also removes the excess liquidity from the economy by increasing the CRR and SLR. The Government of India also managed floating exchange rate mechanism. This means that the Indian government interferes only when the circumstances demand and/or if the exchange rate gets out of control by increasing or reducing the money supply. Hedging: Using forwards and futures contracts help in mitigating the risks arise due to exchange rate fluctuations.This process is known as Hedging, but none-the-less the impact is substantial. Reduce Trade Deficit: The main factors for the depreciation of rupee are slowdown in capital flows, high trade and current account deficit and high crude oil prices. To stop fluctuations in rupee it is necessary to reduce these deficits. RBI Control Policy: When rupee depreciates, it results in a price hike in the petroleum products and fertilizers. This increases the inflation. This becomes a challenging period for RBI. If they increase the key rates, it will affect our growth rate and there will be stock market crash.If it is not, inflation will kill the normal public. As per analysts, say the rupee depreciation is considered as a short-term scenario. The Indian market will be a good destination for FIIs in years to come. Huge investment is expected in the coming years. Gradually the rupee will gain its value. Investors need not worry about the rupee depreciation. Since March 2010, Reserve Bank of India [RBI] hiked the interest rates 13 times and thus compromising on growth. RBI’s interest rates hikes seemed futile since the inflation was due to supply falling short rather than the demand rising.Both inflation and RBI’s action reduced the color of the vibrant economy once Indi a displayed in 2007-2008. According to intelligence reports by the Associated Chambers of Commerce and Industry of India, sectors of India Exports are as follows- Sector of Import| Share in Total Imports| Petroleum| 77| Heavy Engineering Goods| 22| Pharmaceuticals| 19| The sectors of Import gain if the rupee appreciates. They would have to pay less for the imported raw materials, which would increase their profit margins. Likewise, depreciation in rupee value makes exports cheaper and imports expensive.Exports from India are of handicrafts, gems, jewelry, textiles, ready-made garments, industrial machinery, leather products, chemicals and related products. Since the 1990s, India is the world’s largest processor of diamonds. The mentioned export items contribute substantially to foreign receipts. During the periods when the dollar was moving high against the rupee, exporters stood to gain, when $1 = Rs. 48, was getting them Rs. 4800 for every $100. Since the beginning of the y ear 2007, rupee appreciated by about 10%.With its value of rupee Rs. 39. 35 = $1 as on 16 Nov 2007, for every $100, exporters would get only Rs. 3935. This difference is towing away the profit margins of exporters and BPO service providers alike. Imports to India are of petroleum products, capital goods, chemicals, dyes, plastics, pharmaceuticals, iron and steel, uncut precious stones, fertilizers, pulp paper etc. With the same scenario as given for export, if we analyze – an importer is paying Rs. 3935 now instead of Rs. 4800 paid during yester years for every $100.This gain on FX is likely to create savings in cost, which could be passed on to consumers, thereby contributing to control inflation Exhibit showing the quarterly values of Foreign Investment Flows in India Source:  Public Debt Management Quarterly Report (July-September 2011), Ministry of Finance, November 2011 CONCLUSION:- Conclusively, appreciation and depreciation of rupee cannot certainly be taken as benef icial to the Indian economy in general. On one hand, the rupee appreciation will affect exporters, BPOs, etc. , on the other, rupee depreciation will affect importers.So now, it depends on what the future has to reveal for, how effectively the central bank can balance the FX rates with little impact to the relative areas of FX usage. Though RBI is trying its level best in controlling inflation, due to the inherent supply-driven nature of the inflation, monetary controls remain as futile attempts. Systemic inefficiencies, like improper supply chains, must be immediately addressed by the Government to stall inflation. RBI has already done the damage by ruthlessly increasing the base rates and thus compromising the growth and discouraging investments.In order to control currency depreciation, any central bank is expected to hike the interest rates. Since the prevailing interest rates have already reached a high, RBI is helpless in managing the exchange rates through interest rate hike. Another option left with RBI is to use its foreign exchange reserves to sell dollars in the currency market to improve the value of INR. Though RBI’s argument of non-intervention is justified (Gokarn, 2011), it must strike the right balance between intervention and controlled-intervention.Generally, foreign exchange reserves deplete because of daily operations of central banks in the wake of domestic currency depreciation. Considering all the above factors, is the way ahead gloomy for the Indian rupee? Well, nothing can be told so surely in this uncertain environment. The market sentiments truly drove the INR to the edge. The INR may correct itself and settle in a lower value than that is prevailing currently as the market sentiments fade out. On the other hand, tight monetary control by the RBI, which led to high interest rates, widened the interest rate differential thus inviting inflows.Overselling of rupee than that is necessary might have caused the slide in the value o f INR. If the rupee starts rebounding, it would definitely start yielding high results due to the low base effect. Therefore, if the rupee is actually oversold, investors who are confident about the resilient Indian economy might put their money on the rupee since no other asset would give such high returns in this current scenario. However, there are conditions attached to the argument – rupee must bounce back and foreign inflows must find their way back into the Indian economy.