Hypothetical Research Proposal Request: Optimization Software Term Paper Writing Essay Help

Abstract Product planning, delivery scheduling is a burning issues in the sphere of industrial engineering because it is closely associated with supply chain management. This problem is especially important due to the rise of globalization and international cooperation.

This research proposal seeks to define how software optimization can contribute to the advancement of supply chain management and resources planning via route optimization. In order to conduct the analysis, the principle of genetic algorithms has been used as the basis of learning model. The following project is worth funding because it provides a wide range of opportunities and improvement that can foster the production process and increase the performance.

Introduction Problem Description and Proposed Solution

Due to the rise of technological advancement and global integrations, big companies and corporations have taken the course on cooperation and the development of chain supply management that also include the problem of materials flow management and resource planning. In this regard, the just-in-time method of delivery requires an effective time management and transport equipment capacity.

Recently, the researchers have been attracted by batch scheduling which provides a combination of partitioning and sequencing. According to the delivery principle, the products are divided into several equal lots and shipped at time and each shipment equals to each shipment. Our task is to evaluate the potential for one shipment and the ways that would increase transport capacity through optimization of vehicle routing. The introduction of JOpt.ASP is software programs designed for industrials applications and online solutions.

The importance of the Project

The project is of a great importance because it can greatly contribute to the delivery optimization by limiting the time costs and minimizing vehicle tear and wear. Aside from cost benefits, the software under consideration enables the evaluation of CO2 emission and assists in controlling the environmental issues.

Technical Description of Problem Detailed analysis of the problem

In order to comprehend the essence of the problem, it is necessary to provide a detailed description of supply chain process from the supplier to the customer. While assessing the vehicle routing, it is imperative to define such aspects the time of loading, the loading capacity of the transport, transport fitness for shipment and the number of loads for transmitting the entire product. Therefore, the problem is to work out an optimal rout with optimal shipment size and loading capacity.

Ignorance of these variables can lead to the malfunction of the entire chain of operations and wrong calculations of the required capacities including time and information management. Therefore, the optimization of time and routing can considerably simplify the process of delivery and minimize the time necessary for maintenance of products at inventory level. In addition, it is necessary to assess potential of shipment of sequence.

Get your 100% original paper on any topic done in as little as 3 hours Learn More Technical Description: Introduction of the Technologies and Their Contribution to the Problem Solution

Jotpt.ASP is technological advancement designed for the vehicle routing optimization through standard SOAP interfaces. It has been designed for industrial purposes that are based on ASP.NET (JOpt Advanced Vehicle Routing Component n. p.). The software allows to construct a population of solutions and scenarios and to bring optimization opportunities for various applications.

More importantly, JOpt offers a simple approach to linear distances between the junctions, or nodes. This distance model can automatically be utilized in case a distance matrix is not included. However, it is also possible to insert and exchange real values within the matrix that can enumerate all distances a truck or a care ought to go when passing from point to another (see Appendix 1).

For example if the variables are given in kilometers, it is necessary to distribute the matrix indices as the nodes ID applied to the function setDistMatrixld. Then, this matrix will be provided with the help of addDistaceMatrix. Time matrices are necessary to assess real travel time with respect with various road types. With the help of this matrix, it is also possible to identify the speed of individual vehicle.

Statement of Need

It should be stressed that the proposed software is based on the principle of genetic algorithm that is considered to be one of the most powerful tools of delivery optimization. Therefore, with the utilization of Jopt.ASP it is possible to develop one central optimization center and provide one wide solution to the problem. In addition, this optimization software can allow to integrate into any SOA enterprise by means of supporting multiple optimization task in parallel.

With regard to the above, the goal of the software introduction is improve the quality of deliveries and enhance the calculation of such variable as time distance, load capacity, and fuel energy with regard to road types. In addition, the component can also improve the basic operations between the supply and the customer and minimize the costs for additional equipment.

Proposed Solution Methods Used for Solving the Problem

The proposed software for route optimization is based on genetic and metric algorithms. Therefore, genetic algorithm is the best method for solving the problem because it is based on stochastic representation of a population of various solutions. In the project under consider, the presented optimization software is based on a real-code genetic algorithm, which implies that the information is presented as vector of real values, traditionally presented by binary system of variables.

Genetic algorithm is based on evolution simulation where a population of abstract solutions for optimization problem develops towards more effective solutions with each iteration. Hence, each iteration is followed by a new solution proposed by JOpt through recombination and mutation. During this process, the program also deprecates the solutions that have a worse fitness and the ones that perfectly suits the optimization process.

We will write a custom Term Paper on Hypothetical Research Proposal Request: Optimization Software specifically for you! Get your first paper with 15% OFF Learn More Solution fitness is closely associated with a cost function where all optimization objectives are taken into consideration. In order to direct the solution to desired objective, JOpt.ASP established the priority of different objectives by means of weighting factor identification. Each objective is objective is processed to fit the distance unit. For instance, if the value 1 to each hour exceeding the maximum time allowed will be cost as much as 100 extra km distance within the overall solution.

By calculating the routes carried out by a truck with different shipment weight, JOpt can also calculate fuel energy spent on the entire rout. What is more important is that the program can define optimal schedule for optimal energy efficiency with regard to truck payload and road mileage.

Theoretical Background Required for Solving the Problem

In order to properly implement the software for optimizing vehicle routing, it is necessary to analyze possible patterns of routing algorithms for calculating the most optimal paths. In particular, it is necessary to define such terms as linear structure and non-linear structure of traffic routes, traffic engineering, neural network, routing itself (Turky and Mitschele-Thiel 45). This sphere is closely correlated with supply chain management and industrial engineering in particular.

Further on, it is necessary to examine in more detail the essence of genetic algorithm that is considered to be the basis of numerous optimization processes in the sphere of industrial engineering. This method has become especially important due to the rapid development of evolutionary computation (Cantu-Paz 1589).

Finally, another important theory to analyze is various models of supply chain management to grasp the essence industrial and business operations that are based on online processing of digital data (Mentzer 307). Due to the fact JOpt is primarily based on the principle of computer processing of online information, the internet and electronic facilities are inherent components ensuring the relationships between the supplier and the consumer and developing different channel of the goods exchange.

Proposed Plan for Solving the Problem

After an in-depth analysis of technical characteristics of the optimization software and method used for the analysis of information, it is possible to develop a systematic plan for the introduction of improvements of supply chain processes and delivery of goods by batches. It will include:

Calculation of previous values and analysis of the current situation;

Introduction of JOpt.ASP and examination of its major principles;

Analysis of patterns of genetic algorithms;

Assessment of the result after the implementation of the optimization software.

The above plan should contribute to the solution of the identified problem and provide perspective for further development and advancement of supply chain management.

Concluding Remarks The Advantages of Using the Proposed Solution

The introduction of optimization software provide a wide range of advantage of enterprises and industries because it can greatly contribute deliver operations and to the increase of productivity and performance. To begin with, the program can solve the problem connected with scheduling and production planning and introduce flexible and effective memetic algorithms that can be quickly adapted to company’s specific requirements.

Not sure if you can write a paper on Hypothetical Research Proposal Request: Optimization Software by yourself? We can help you for only $16.05 $11/page Learn More Second, the software can considerably advanced the enterprise service architecture via standard SOAP interfaces. Third, the route optimization component can also guarantee an efficient performance of any requirements. Finally, such program can also simplify the flow of materials and improve the scheduling and allocation of resources.

Aside from improvement of supply chain management, big enterprise can significantly upgrade the technology and enter a new level of innovative development. Such advancement can contribute to company’s adjustment to changes and increase the quality of product because the less time will be required for transportation and more time will be spent on the product manufacturing.

Finally, the introduction of this device will foster the process of industries’ integration to the international market and will promote the establishment of fruitful cooperation with other international industries and companies.

Reasons for Funding This Project

JOpt.ASP is product enabling to carry out rout optimization and automatic resource planning. Based on evolutionary computation and genetic algorithms, the software is created for meeting various optimization needs for different manufactures. The product is enhanced by DNA’s practice and theory of natural evolution, which is a new step up in the sphere of innovative technologies. This device perfectly suits for application with a wide range of constraints such as load capacity, skills, and time windows.

What is more important is that this software can also be applied in other spheres of production. Finally, the implementation of the product allows to regulate the emission of carbon dioxide, which is especially vital when considering current environmental problems. Therefore, this project is worth considering and funding because provides best multiple variants of solutions for the established objects.

Works Cited Cantu-Paz, Erick. Genetic and evolutionary computation – GECCO 2003: Genetic and evolutionary computation conference, Chicago, IL, USA. July 12-16, 2003: proceedings. US: Springer, 2003.

JOpt Advanced Vehicle Routing Component. DNA evolutions. n.d. Web. http://www.dna-evolutions.com/

Mentzer, John T. Supply Chain Management. US: SAGE, 2001.

Turky, Abutaleb Abdelmohdi and Mitschele-Thiel, Andreas. MPLS Online Routing Optimization Using Prediction. Network Control and Optimization: Second EuroFGI Workshop, NET-COOP 2008. US: Springer, 2009.

Appendix 1: Using Time and Distance Matrix

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Organizational Design and Culture Evaluation Essay college essay help online: college essay help online

This paper aims to discuss the changes in organizational structure of healthcare institutions. In particular, it is necessary to show how workplace hierarchy in these hospitals was restructured and how the administration modified means of coordinating and monitoring work of healthcare professionals.

Furthermore, we need to evaluate the efficiency of these changes and the improvements they brought. Overall, it is possible to argue that the majority of hospitals attempt to become less bureaucratic and turn themselves into adhocratic organizations. This means that they try to eliminate formal barriers between the top managers and their subordinates in effort to improve the quality of healthcare and remove time-consuming red tape (Mintzberg

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Newspaper Response on Buddhism Essay (Article) custom essay help

Buddhism is one of the largest religions in the world. It is quite different from other world religions. For example, almost all religions have a God who is a sacred spirit. Buddhism has Buddha, who was a man reached nirvana. There are several “types” of Buddhism that are now considered different religions: Hinduism, Buddhism and Jainism. However, all these religions are based on one teaching and have common principles.

In the article by Tenzin Gyatso “Many Faiths, One Truth”, author discusses this question comparing the basic principles of Buddhism with basic principles of other religions. The author claims that there is not the best religion, all world religions teach people the same basic virtues but interpret them in different ways. Thus, it can be summarized that Buddhism is related to other religions of the world in spite of all its peculiarities, consequently, all “faiths” share “one truth” that is universal for all people.

The article by Tenzin Guatso is devoted to the exploration of different religions and comparing them to Buddhism and its basic principles. The author writes about situation in the Middle East and Europe. He says that there are still fights between representatives of different religions.

However, apart from these conflicts, there is also a tendency for globalization and tolerance, “peoples and religions become ever more entwined” (Gyatso). The author finds common things in Buddhist’s and Christian’s religious ideas, myths and rituals, thought, these religions were considered to be absolutely different. Finally, the author estimates that harmony is the “essential ingredient” of all religions and it is a guarantee of the welfare of all nations.

Giving a response on this article it should be mentioned that the author discusses one of the most urgent questions of the modern society concerning questions of religion.

According to Bailey and Fisher, “traditional cultures and religions naturally assumed their own points of view…Every culture saw itself as the center of the universe.” (2). However, the truth is that the world’s nations seek to uniting. And the same thing can be said about religion. Moreover, a proper analysis of different religions proves that the standpoints of all these religions are common.

For example, Buddha teaches to lead a pious life and live in piece with nature and people around. In addition, one of the core ideas of Buddhism is the theory of emptiness, which means that all things around are out of importance and the aim of everyone is to reach “nirvana”. The same assumption (but in different words) can be said about a core idea of Christianity: one should lead a right life in order to go to Heavens after the death.

Get your 100% original paper on any topic done in as little as 3 hours Learn More Gyasto supports this idea in his article when suggesting the example with “compassion”. He says that the theme of compassion can be found in Talmud and Bible. He also found “centrality of selfless compassion in Hinduism and Islam” (Gyasto). Thus, in his article, the author provides a very important idea that “Finding common ground among faiths can help us bridge needless divides at a time when unified action is more crucial than ever” (Gyasto).

The article “Many Faiths, One Truth” by Tenzin Gyasto is devotet to the exploration of the similarities of the Buddhism with other religions of the world. The author assumes that there are very many common things, for example, a theory of compassion. Thus, having analyzed this article, we can assume that harmony between different religions is possible and very important for the welfare of our world.

Works Cited Gyatso, Tenzin. “Many Faiths, One Truth”. The New York Times. (2010): n. pag. Web.

Fisher, Mary P. and Bailey Lee W. An Anthology of Living Religions, 2nd. Ed. Upper Saddle River, N.J.: Pearson Prentice Hall, 2008.

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United Kingdom and the “Opt Out” from the European Monetary and Economic Union: Was this a Good Decision for British Business? Essay a level english language essay help: a level english language essay help

Introduction The United Kingdom opted out of the European Union Monetary and Economic Union (herein referred to as EMU) for several reasons, specifically what came to be referred to as the five economic tests. In retrospect, the “opt out” was not a good decision for the British business given the fact that businesses in this country effectively became outsiders to the Eurozone, and will be affected by policies made by this union just like any other foreign country.

Verdun (1999) provides a working conceptualisation of the term monetary union. This is the definition that will be adopted throughout this essay. According to this author, a monetary union can be viewed as an agreement between several nations to use a common currency amongst themselves (Verdun 1999: Stauffer n.d). The nations may go as far as establishing a single central bank and other centralised agencies that are tasked with the role of regulating the financial aspects of the nations.

The European Economic and Monetary Union (EMU) is such an example of a monetary union as defined by Verdun (1999). According to Adiong (2008), this union was to be implemented in three stages over a period of several years. Adiong (2008) refers to these steps as discrete but evolutionary, meaning that a step builds on its predecessor.

It is not all European Union nations that joined the EMU and this can be attributed to several reasons. There are those, specifically Greece and Sweden, that failed to meet some of the criteria put down to qualify member states to be part of the monetary union.

Others, like the United Kingdom, negotiated for what Willis (2010) refer to as opt outs. This means that these nations are exempted from the provisions and regulations of the monetary union, and they can join whenever they feel like, provided of course they meet all the necessary conditions.

This essay is going to look at the case of United Kingdom’s opt out from the European Monetary and Economic Union. The author is going to look at the reasons why this country opted out this union among other issues. The author will especially critically appraise whether the decision to opt out was the best or not for British businesses.

The European Economic and Monetary Union: Overview Before looking at the reasons why the United Kingdom opted out of the monetary union and analysis of the impacts of this decision to the British business, it is important to provide a brief overview of this union. According to Stauffer (n.d), the European Economic and Monetary Union’s idea can be traced back to the year 1979.

Get your 100% original paper on any topic done in as little as 3 hours Learn More This is the year that the European Council ratified the decision to adopt the European Monetary System [herein referred to as the EMS] (Stauffer n.d). This system was mostly concerned with the regulation of the union’s currency exchange rates.

However, the European monetary and economic union was not to be formed until the year 1992. This was the year that saw the signing of the famous Maastricht Treaty, the treaty that led to the founding of the European Union (Stauffer n.d). In this treaty, provisions, referred to as the convergence criteria (Adiong 2008), that were to be met by each of the European union member states before they could be allowed to join thee monetary and economic union.

The European economic and monetary union was to be set up in three steps, a process that was recommended by the findings of the Delors Report (Bojden 2010). This was the report of a commission that was structured by thee European council to look into stages that can be followed in forming and adopting a monetary union for the European Union member states. The figure below depicts these steps and the provisions of each of them:

Figure 1: The Three Stages to the Adoption Economic and Monetary Union

Source: European Central Bank 2010-11-27

The first stage of the adoption was initiated on July 1st, 1990, and it provided for the elimination of virtually all restrictions imposed on the movement of capital from one European Union state to the other (Cash and Jamieson 2004). The second stage of the adoption saw the structuring and adoption of the European Monetary Institute (herein referred to as EMI) and the European Central Bank [herein referred to as ECB] (European Central Bank 2010).

This second stage commenced in the year 1994. The third stage begun on January 1999 (European Central Bank 2010: Blackstone, Lauricella and Shah 2010). This stage is still continuing, and it aims at fixing a common exchange rate for all the members of the monetary union.

We will write a custom Essay on United Kingdom and the “Opt Out” from the European Monetary and Economic Union: Was this a Good Decision for British Business? specifically for you! Get your first paper with 15% OFF Learn More The United Kingdom has remained in stage two of the adoption of the monetary union. It has failed to move with the other members to the third and final stage of the EMU that would have seen the abolishment of the sterling pound and replacement of the same with the euro. This move has been informed by several factors, ranging from political, economical to social considerations.

The United Kingdom and the European Economic and Monetary Union: Why the Opt Out? Overview

The United Kingdom has been cynically referred to in many quarters as the master opt outs. This is given the fact that her majesty’s government has an affinity to negotiate for exemptions from major treaties, the provisions of which would have naturally affected the nation.

The latest in these escapades is the country’s total “opt out” from the provisions of the Justice and Home Affairs policy region (Willis 2010). Her Majesty’s negotiators were able to secure this preferential treatment during the negotiations that went into the Lisbon Treaty (Willis 2010: Blackstone et al 2010).

It was thus not entirely surprising when the United Kingdom negotiated for opt out from the European Economic and Monetary Union in the year 1992. The provisions of this opt out were that this country will be exempted from the participation in the third stage of the adoption.

Addressing the issue of the country’s participation in the third stage of adoption, the government was of the view that this will depend on several factors. This included the achievement of five economic tests as formulated by the then Labour Party Chancellor and later Prime Minister of the United Kingdom, Gordon Brown (Bojden 2010). When the five tests are met, a referendum will be held, seeking the approval of the British citizenry before the joining of the union.

Why the Opt Out?

As earlier indicated, several obstacles stood in the way of the adoption of a single currency by the United Kingdom’s government. These included economic, political and social obstacles (Cash and Jamieson 2004).

Economic Barriers

One of the major economic reason informing the refusal to join the economic union is the fact that the economy of this country is “out of synch” (Willis 2010 p4) with the others in the European continent.

This is especially so considering the fact that the sterling pound, the United Kingdom’s currency, has performed relatively well as compared to other currencies in the region. It is also noted that the unemployment rate, economic growth rate ad other aspects of the United Kingdom’s economy are not at par with the rest of the region’s (Bojden 2010).

Not sure if you can write a paper on United Kingdom and the “Opt Out” from the European Monetary and Economic Union: Was this a Good Decision for British Business? by yourself? We can help you for only $16.05 $11/page Learn More It is also important to note that, at the time the United Kingdom negotiators worked out the opt out provisions, the degree of trade interdependence that the United Kingdom had with the rest of the economies making up the European union was quiet low (Willis 2010). This is unlike in the case of today, where sixty percent of the United Kingdom’s foreign trade is made up of trade between this country and the European Union economies (Willis 2010).

Political and Social Barriers

It is important to note that, despite being an economically oriented treaty, a lot of political and social overtones are discernible in the European Economic and Monetary Union.

The European Monetary Economic and Monetary Union and the European Union in extension have been very unpopular with the British public. Successive opinion polls and surveys have consistently indicated that the United Kingdom citizens do not support the idea of the country embarking on the third stage of adoption.

This realisation might have informed the decisions of the negotiators credited with the EMU opt out. For example, in the year 2005, 57 percent of the public polled opposed the country’s adoption of the euro (Bojden 2010). This opposition has been consistent over the years, with 59 percent opposing in 2008 and 64 percent in 2009 (Blackstone et al 2010).

Majority of those opposing the adoption of the euro and the elimination of the sterling pound are of the view that their opinion is not only economically motivated, but also social to a large extent. They are of the view that if the country adopts the single currency policy, it will lose its identity in the process (Blackstone et al 2010). This is given the fact that majority of the citizens in this country have a strong attachment to the sterling pound, and have come to regard it as part of their national heritage.

These are some of the social considerations that have ensured that the United Kingdom remains an “opt out” as far as the European economic and monetary union are concerned. Politicians- eager to appease the populace and win votes necessary to keep them in power- have ensured that the country hangs onto the sterling pound, adhering to the provisions of the “opt out” clause.

This line of thought is significant given the fact that Gordon Brown, who was the chancellor who formulated the five economic tests, rose up the political ladder to become the country’s prime minister (Willis 2010). As the incumbent of this position, Gordon Brown has ensured that the country remains an “opt out” case, giving this phenomenon one of its most obvious political overtones.

These economic, political and social barriers are inexplicably interlinked with the five economic tests that Gordon Brown formulated. Following is an analysis of these tests:

The Five Economic Tests

The following are the five economic tests for the United Kingdom:

Convergence of business cycles

Economic flexibility

Improvement of foreign and domestic investment

Improvement of United Kingdom’s financial services

Positive effects on growth, stability and employment

A detailed analysis follows:

Convergence of Business Cycles

According to this test, business cycles in this country have to be compatible with those in other economies in the European Union region (Adiong 2008). Several indicators for this test were identified, and it is the achievement of these indicators that will determine whether the test itself is achieved or not. These include inflation and interest rates, output differences between the economies and currency exchange rates (Adiong 2008).

According to this test, the inflation rate had to be less than 1.5 percent of higher term (Adiong 2008). This is when compared to the mean of the three lowest inflation rates, according to this test (Adiong 2008). As far as the interest rate is concerned, it had to be less than or equal to two percent above the three lowest such rates that have been recorded (Adiong 2008). The deficit of the government’s financial estimates, according to this test, should not be above 3 percent of the gross domestic product (Adiong 2008). The debt of the government should also not exceed sixty percent of the gross domestic product (Adiong 2008).

Flexibility of the Economy

The second test provides that the economy of this country, before the adoption of the single currency, should be resilient enough to ensure that the local economy can absorb any fluctuations in the euro economy (Adiong 2008). For example, the labour market in the United Kingdom must be flexible enough to cushion the economy against adverse developments in the euro economy.

Foreign and Domestic Investment

If the United Kingdom was to take part in the single currency economy, the third test that must be met provides that there must be proof that this participation will improve investment (Adiong 2008). For example, there must be proof that in the long term, the number of local and foreign investors in the United Kingdom economy will increase, as well as the increase in the number of United Kingdom investors able to expand their wings to other economies outside the border of this country. This means that the exchange rates, the restrictions and such other provisions of the single currency must be friendly to investors.

Financial Services

According to this fourth test, the competitive advantage of the country’s financial services sector must be enhanced by the adoption of the single currency economy (Adiong 2008). This is especially so considering the fact that the United Kingdom’s financial services market is one of the most competitive ones in the world, and as such, the government will not adopt policies that threaten this position.

Growth and Stability

Gordon Brown and his advisors were of the view that the integration of the United Kingdom in the single currency economy must impact positively on the employment and growth rates of the country (Adiong 2008). This improvement can be gauged by the effects that the euro zone will have on this country’s foreign trade and economic stability.

A review carried out in the year 2007 found that only one of the tests has been met fully (Bojden 2010). This is the first one, the one on convergence of business cycles. This means that this country is not ready to adopt the single currency economy in the near future.

This state of affairs is not good at all to the business in the United Kingdom. This is given the fact that businesses in this country stands to lose a lot if they remain outside the euro zone, despite the public’s opposition of this kind of integration.

The Opt Out Bad for Business The businesses in this country are losing from the adoption of this decision by the country’s political class keen on appeasing the emotions of the public. For example, the businesses are losing as far as exchange rates are concerned. This country, as earlier stated in this paper, imports and exports a lot within the euro zone as compared to other economies in the world (Willis 2010).

This means that the business people in this country have to incur the extra costs of exchange rates, a cost that they could have avoided if the country was operating on the euro currency (Willis 2010).

The businesses in this country interact heavily with the euro economies. However, despite these interactions and interdependency, British business is treated as foreigners or outsiders in the euro zone (Blackstone et al 2010). This means that they are affected like any other outsider by the economic decisions that are ratified and adopted by the economies party to the monetary union.

There are arguments within the circles of those proposing the adoption of a single economy, arguments to the effect that should the EMU economy succeed, this will sound a death knell to the United Kingdom businesses’ competitive advantage (Bojden 2010). This is given the fact that competitive advantage brought about by the success of this monetary union translates into losing of business for economies outside the union, Britain included.

Conclusion There are those who argue that, by opting of the EMU treaty, the United Kingdom made the right decision which was the best for its businesses. They argue that, given the foreign nature of this country in relation to the EMU, United Kingdom businesses will not suffer negatively from instabilities within the union.

This is for example the fluctuations and weakening of the euro against major currencies such as the US dollar, fluctuations that may affect British businesses negatively. A lot of political friction, according to the views of these conservatives, is inevitable in the process of the United Kingdom’s adoption of the euro. This includes public outrage within the United Kingdom and political misunderstandings with other nations. All of this can be avoided by sticking to the “opt out” clause.

However, objective analysis of the situation reveals that the British business stands to gain more from the adoption of the euro economy. The public opposition to this is motivated by irrational fears of the unknown together with unrealistic and emotional attachments to the sterling pound.

References Adiong, N. 2008. United Kingdom’s challenges in the European Monetary and Economic Union (EMU). New York: Free Press.

Blackstone, B., Lauricella, T., and Shah, N. 2010. Global markets shudder: Doubts about U.S. economy and a debt crunch in Europe jolt hopes for a recovery. The Wall Street Journal, February 2010.

Bojden, K. 2010. The United Kingdom-does it belong in the EU? Wall Street Journal, March 2010.

Cash, B., and Jamieson, B. 2004. The strangulation of Britain

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Keeping Employees Happy in a Post-Recession World Essay (Article) essay help online free

Table of Contents Suitability of the article

Author’s view point

Impact on management as a profession

Opinion on the contents of the article

Impact on future career

Work Cited

Suitability of the article This is an excellent article, since the author has clearly identified his target audience and tailored his message in line with their areas of expertise. While this article is addressed to managers, the message is relevant to different categories of persons in the society.

Proprietors of small-scale enterprises and other ventures may find this article beneficial in their daily undertakings. Employees perched at different hierarchical levels in the organization may also use it to their benefit. The paper is well written in clear-cut English with coherent ideas, making it easy to understand.

Author’s view point The author lays emphasis on the importance of retaining employees. He argues that this move provides continuity hence ensures efficiency in the firm. Managers are urged to embrace and deploy strategies that will ensure they retain most of the employees. He contends that managers should be flexible, taking up all possible options which create a favorable environment for their employees. Summarily, managers are challenged to leave their comfort zones and engage with their employees from a different perspective (Ryan).

Impact on management as a profession Employing principles proposed in this article will create responsive managers. The author quotes a survey, which revealed that a majority of employees are comfortable if the management cares about their affairs (Ryan). This will result in a low-employee turnover, hence relative security and stability. These constitute crucial aspects of company growth, which is necessary after the recent economic downturn.

The move is also beneficial, since companies will minimize the budgetary allocations reserved for the recruitment and selection process. Time spent on orientation and assimilation will also be minimized substantially. It should be noted that retaining the core of a company’s workforce implies familiarity among the workmates. This translates to a commendable team spirit and synergy, which is essential in realizing the established organizational goals.

According to the writer, ignoring these proposals may prove detrimental to the firm, with grave ramifications on the future of the said business venture. This is true, because unresponsive managers ignore the importance of feedback (Ryan).

This implies the existence of severed connections with their workforce, due to the difference in perception; hence methodology of achieving established goals. He also argues that rigid managers are content with the status quo. This may be damaging to company prospects in case managers utilize unsuitable management techniques. I concur with this argument, and the proposal that managers should take up coaching in order to improve on their areas of weakness (Ryan).

Get your 100% original paper on any topic done in as little as 3 hours Learn More Opinion on the contents of the article Primarily, the article proposes changes in the way managerial responsibilities are discharged. Given his credentials and work experience, the author is better placed to offer advice on this topic. The timing for the release was also blameless, because most firms are recovering from the economic melt down. This was a period characterized by loss of jobs hence reduced spending power.

As a result, management strategies should be altered, due to the changed situation of employees. Most of them are mentally disturbed as a result of the unstable market. I agree with the concepts the author is advancing, since they strive to introduce humanity into management practices. This implies that managers will consider their subordinates before decisions are arrived at. Subsequently, realistic targets will be set for clients and administrators operating at a lower cadre than the policy makers.

Impact on future career This article has contributed immensely in changing my perspective towards management. Consequently, I have been inspired to adopt a dynamic approach when handling employees and other work related responsibilities. Most importantly, I appreciate the fact that constant evaluation is an integral ingredient in the advancement of organizational ambitions (Ryan). This should be done across the board, beginning with the management before employees are taken through the process.

The article has also enlightened me on the importance of appreciating the efforts displayed by employees. This way team spirit and collective responsibility will be encouraged in the process of realizing organizational goals.

Work Cited Ryan, John. Keeping Employees Happy in a Post-Recession World. Bloomberg Business week. 2010. Web.

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