Thursday, August 27, 2020

Motivational Practices in Companies Samples †MyAssignmenthelp.com

Question: Examine about the Motivational Practices in Companies. Answer: The accompanying exposition talks about the exploration done on three organizations that are situated in Singapore. The persuasive practices followed by these organizations have been talked about. The organization to improve work fulfillment and execution of the representatives plays out the inspirational practices. For each organization three inspirational practices have been distinguished. The three organizations considered here are the ST Kinetics, Singapore Press Holdings and the Systems on Silicon Manufacturing Co. Pte. Ltd or SSMC. The Companies propel their representatives inherently which is without the necessity for outer motivators or disincentives. The different talks and exercises that are led are pleasurable in nature (Ramsay D. , 2017) . These natural persuasive procedures are lined up with the inward wellsprings of rationale attitudes and mental needs. The principal inspirational practice utilized by the ST Kinetic Company is the production of a positive workplace. ST Kinetics rouses their laborers all through the improvement of a workforce with the expectation of advancement of development that is guided by the companys basic beliefs. There is compensating of greatness and empowering of work life amicability (Stengg.com., 2017). The second inspirational practice utilized by this Company is the open door for progression. ST Kinetics puts resources into the superior of the groups through the arrangement of continuous development for their kin by advancement and setting up the pioneers (Stengg.com., 2017). The third persuasive practice utilized by ST Kinetics, is the inspiration to challenge work. The workers are tested by the organization to push ahead to give their best to the organization. ST Kinetics gives persistent learning and improvement chances to fortify the specialized capabilities (Stengg.com., 2017). The ability the boar d programs happen for formation of likely replacements and developments by the representatives. The primary inspirational practice utilized by the Singapore Press Holdings is the open door for headway. Singapore Press Holdings functions as a group and grasps change. The multi-media organization has a positive workplace that supports collaboration and thought sharing. The organization follows the whistle blowing strategy for any debasement and misbehavior (Sph.com.sg., 2017) . The second persuasive practice for Singapore Press Holdings is to accommodate a brilliant expert future for their representatives (Sph.com.sg., 2017). The workers see a way for their headway in the organization and are roused towards the achievement of the organization and their own. The third inspirational practice utilized by the Singapore Press Holdings is allowing their representatives to partake during the time spent dynamic that assists with making a feeling of control among the workers (Sph.com.sg, 2017). The workers are spurred and henceforth step capable. The primary persuasive practice utilized by SSMC is the acknowledgment of the huge exhibitions and accomplishments openly. The representatives are stood up to by the organization to push ahead themselves to give their best to the organization. SSMC experiences thorough competency advancement structure to manufacture the aptitudes of the staff to exceed expectations in their activity (Ssmc.com.sg., 2017). The organization accommodates improvement programs for the representatives, which causes them to make progress at work. The workers experience specialized competency and initiative turn of events. The second inspirational practice followed by SSMC is the arrangement of the division of SSMC Cares to accomplish work-life joining for their representatives (Ssmc.com.sg., 2017). A feeling of sensational workplace with wellbeing offices and exercises are directed. The third inspirational practice is that the SSMC guarantees that a standard called as your decision, which is an adaptable adv antage. The representatives appreciate various leaves (Ssmc.com.sg., 2017). The workers offer top quality assistance through the inspiration of representative advantages. Along these lines, this paper talks about naturally the persuasive practices followed by ST Kinetics, Singapore Press Holdings and SSMC. References Ramsay, D. (2017). HRM261 WORK MOTIVATION. Singapore University of Social Sciences. pages Study Unit 3 19-22(SU3-19-22) Sph.com.sg. (2017). whistleblowing-strategy system. Recovered July 29, 2017, from Sph.com.sg: https://www.sph.com.sg/corporate-administration accessible at https://www.sph.com.sg/home/ Ssmc.com.sg. (2017, july 29). Profession/Benefits. Recovered from Ssmc.com.sg. accessible at https://www.ssmc.com.sg/ Stengg.com. (2017, july 29). manageability/our-kin/. Recovered from Stengg.com.: Stengg.com. (2017). Our People - Sustainability | ST Engineering. Stengg.com. Recovered 29 July 2017, from https://www.stengg.com/en/maintainability/our-kin/accessible at https://www.stengg.com/en/about/

Saturday, August 22, 2020

Short Description of the Regulating Acts †History Essay

Short Description of the Regulating Acts †History Essay Free Online Research Papers Short Description of the Regulating Acts History Essay The ‘Regulating Acts’ were a progression of decrees to subordinate the East India Trading Company to the British Government. In 1772 due to all the monetary issue and disarray the organization was looking in India, Warren Hastings was embedded as the main senator general of the company’s Indian domains; his objective was to build up an arranged arrangement of government for British India. During Hastings’ time in office he didn't confront anything however issues. It was amazingly hard for Hastings to build up an administration in view of an absence of information on Indian culture just as the failure to communicate in any Indian dialects. On the issues Hastings confronted really managing the Indian individuals, there were interior clashes. The company’s operators in India were reluctant to surrender productive exchanging exercises for the dubious favorable circumstances of government. It was clear now that the East India Company was not, at this point equipped for administering the domain it had made. In 1783 the ‘Board of Control’ was set up, whose president sat in British Parliament, authoritatively finishing the power of the East India Company. Research Papers on Short Description of the Regulating Acts - History EssayPETSTEL investigation of IndiaAppeasement Policy Towards the Outbreak of World War 2Moral and Ethical Issues in Hiring New EmployeesMarketing of Lifeboy Soap A Unilever ProductBringing Democracy to AfricaAnalysis of Ebay Expanding into AsiaQuebec and CanadaRelationship between Media Coverage and Social andNever Been Kicked Out of a Place This NiceAssess the significance of Nationalism 1815-1850 Europe

Friday, August 21, 2020

Blog Archive Monday Morning Essay Tip Include School-Specific Information

Blog Archive Monday Morning Essay Tip Include School-Specific Information In MBA application essays, many business school candidates unwittingly discuss their personal experience with a specific MBA program in the most vague and general way. Because they are writing from memory and discussing their authentic experience, they do not realize that they are not being specific enough. Consider the following example: “During my experience at Cornell, I was struck by the easygoing classroom discussion, the warmth of the professors and the time spent by the first-year student who not only toured the facilities with me but also took me for coffee and asked several of his colleagues to join us.” While these statements may in fact be true, the text contains no Cornell-specific language. If Yale, Michigan or the name of any other school were substituted for Cornell here, the statement would otherwise not change at all. This statement could be applicable to any other schoolâ€"and this is not good. In contrast, the following statement could refer only to Darden: “While on Grounds, I was impressed by Professor Robert Carraway’s easygoing and humorous style, as he facilitated a fast-paced discussion of the ‘George’s T-Shirts’ case. Although I admittedly felt dizzied by the classs pace, I was comforted when I encountered several students reviewing the finer points of the case later at First Coffee. I was impressed when my first-year guide stopped mid-tour to check in with her learning teammate and reinforce the case’s central point. It was then I recognized that this was the right environment for me.” If you were to substitute the Darden name and even the professor’s name with those of another school and professor, the paragraph would no longer work. The Darden-specific information regarding the day’s case, First Coffee and learning teams ensures that these sentences have a sincere and personal feelâ€"showing that the candidate truly understands what the school is about, and necessary for a compelling personal statement that will catch the attention of the admissions committee. Share ThisTweet Monday Morning Essay Tips

Monday, May 25, 2020

Charles Dickens A Tale Of Two Cities - 1573 Words

The French Revolution is frequently referred to as one of the bloodiest time periods in history, being branded as an event that would evidently spawn ideals that were barely indulged in before and were built primarily on equality. The historical premise presented within Dickens’ A Tale of Two Cities introduces similarities between the Revolutionaries he created, and of the prominence of the French Revolution, as well as the Revolution itself; however, its representation of figures as well as society in relation to the French Revolution is misleading and historically unsound. Dickens is one of many to have stood for equality within his time, yet he demonized such a revolution in order to both enhance a storyline as well as to alert his contemporaries of the dangerous path he felt would result from the social inequalities of his own time. Dickens is accurate to describe frequent arrests due to the supposed siphoning of food from the peasantry, suspected Royalism and conspiracy o f counter revolution; all of which were common and often accurate allegations of the time. Dickens is also correct to illustrate the occasional cruel treatments upon the aristocracy from the revolting classes. However, while many portrayals are truthful, Dickens often displays an inaccurate society in which society thirsts for nothing but bloodshed and is headed by vicious revolutionaries that wish to fill out their own personal vendettas over the needs of the lower classes. Dickens writes inShow MoreRelatedA Tale of Two Cities, by Charles Dickens1420 Words   |  6 Pageshistory – the best of times and the worst of times. The violence enacted by the citizens of French on their fellow countrymen set a gruesome scene in the cities and country sides of France. Charles Dickens uses a palate of storm, wine, and blood imagery in A Tale of Two Cities to paint exactly how tremendously brutal this period of time was. Dickens use of storm imagery throughout his novel illustrates to the reader the tremulous, fierce, and explosive time period in which the course of events takesRead MoreA Tale Of Two Cities By Charles Dickens1024 Words   |  5 PagesAt the beginning of A Tale of Two Cities, Charles Dickens writes, â€Å"every human creature is constituted to be that profound secret and mystery to every other (14).† Throughout the novel, Dickens incorporates the theme of secrets to connect characters and add mystery to the story. The three characters with the significant secrets are Charles Darnay, Alexandre Manette, and Madame Defarge. Darnay, Manette, and Defarge are all of French blood, living in either France or England in the heat of the FrenchRead MoreA Tale Of Two Cities By Charles Dickens1704 Words   |  7 PagesA Tale of Two Cities by Charles Dickens is a novel set during the time of the French Revolution in England and France. The Revolution is a time of great danger and constant change. Dickens’ novel expresses the theme of fate through metaphors in many different ways. These metaphors connect the fates of Dickens’ characters that are intertwined in some way whether they are aware of how they are connected or not. Charles Dickens illustrates to his readers that fate is predetermined as shown throughRead MoreCharles Dickens Tale Of Two Cities1079 Words   |  5 PagesFated Coincidences Charles Dickens was a distinguished writer during the 1800s and was inspired by Thomas Carlyle’s book French Revolution. Dickens was influenced by this book to write his novel Tale of Two Cities. Even though he wrote the book seventy years after the French Revolution, he studied many different books from two wagons from Carlyle which he sent as a joke. Throughout the book Tale of Two Cities, Dickens has a recurring theme of fate. Dickens illustrates that everyone’s lives areRead MoreA Tale Of Two Cities By Charles Dickens1831 Words   |  8 Pagesthese horrific acts, there was a revival of French spirit after the Revolution had ended, in the sense that the French are resurging after being an inch from death. In A Tale of Two Cities, Charles Dickens shows the reader that the general idea of resurrection can occur at any given point of time. The novel is set in two cities, London and Paris, during the French Revolution. The story begins with Mr. Lorry, an official from Tellson’s Bank in London, and Lucie Manette as they make their way to ParisRead MoreA Tale Of Two Cities By Charles Dickens987 Words   |  4 PagesIn a Tale of Two cities. Dickens juxtapositions suspense and humor in a intricate tale of love and loyalty. The book takes place in the late 18th century, during the french revolution. the book is set in England and France, more specifically London and Paris. These are the two cities that the book centers around. In the city of London, the neighborhood of SoHo, and Paris, the french countryside, and city of Dover. b city houses, palace of Versailles. The house in Paris where the Darnay s stayedRead MoreA Tale Of Two Cities By Charles Dickens1363 Words   |  6 PagesTale of Two Cities A Tale of Two Cities is a 19th century novel that conveys the terror of the French Revolution through the story of the Manette and Darnay family. Charles Dickens intertwined characters throughout the novel to convey the equivocal viewpoint of the citizens throughout England. The ambiguous characters of Charles Darnay, Madame Defarge, and Mr. Carton, work to show both the innocence and savagery of the revolution. Charles Darnay spent the early years of his life as nobilityRead MoreA Tale Of Two Cities By Charles Dickens1426 Words   |  6 Pagesanxiety, and misery, the French Revolution was a trying time for all involved, even the characters crafted by Charles Dickens’ imagination. Charles Dickens’ strongly enforces the hardships of this arduous era in his remarkable novel, A Tale of Two Cities, while exhibiting his keen ability to leave hints for the readers, allowing them to predict upcoming events in his skillfully fashioned plot. Dickens utilizes vivid imagery to construct menacing settings. He presents his characters as impulsive to indicateRead MoreA Tale Of Two Cities By Charles Dickens1398 Words   |  6 PagesHuman Cruelty is a Result of Hatred Charles Dickens is a very famous novelist, who was born on February 7, 1812, in his home of Portsmouth, England. He was a very dedicated man with a great imagination, and he shows his writing skills in his book A Tale of Two Cities, a historical fiction that focuses on the French Revolution. In this book Dickens uses both atmosphere and imagery to describe how brutal and inhumane men can be to each other. He uses scenes of a man’s need for tyranny, a man’s needRead MoreA Tale Of Two Cities By Charles Dickens1301 Words   |  6 PagesThe famous paradoxical line throughout history, â€Å"It was the best of times, it was the worst of times†¦Ã¢â‚¬  captures the essence of the French Revolution. Charles Dickens, the Victorian age author of A Tale of Two Cities vividly captures the fright and upheaval of the Pre-Revolution time period. By evoking the French Revolution, love is evident throughout all characters in the novel. Love eclipses tyranny, poverty, and all ot her problems that sansculottes in the novel face as love cannot be taken away Charles Dickens A Tale Of Two Cities - 1573 Words The French Revolution is frequently referred to as one of the bloodiest time periods in history, being branded as an event that would evidently spawn ideals that were barely indulged in before and were built primarily on equality. The historical premise presented within Dickens’ A Tale of Two Cities introduces similarities between the Revolutionaries he created, and of the prominence of the French Revolution, as well as the Revolution itself; however, its representation of figures as well as society in relation to the French Revolution is misleading and historically unsound. Dickens is one of many to have stood for equality within his time, yet he demonized such a revolution in order to both enhance a storyline as well as to alert his contemporaries of the dangerous path he felt would result from the social inequalities of his own time. Dickens is accurate to describe frequent arrests due to the supposed siphoning of food from the peasantry, suspected Royalism and conspiracy o f counter revolution; all of which were common and often accurate allegations of the time. Dickens is also correct to illustrate the occasional cruel treatments upon the aristocracy from the revolting classes. However, while many portrayals are truthful, Dickens often displays an inaccurate society in which society thirsts for nothing but bloodshed and is headed by vicious revolutionaries that wish to fill out their own personal vendettas over the needs of the lower classes. Dickens writes inShow MoreRelatedA Tale of Two Cities, by Charles Dickens1420 Words   |  6 Pageshistory – the best of times and the worst of times. The violence enacted by the citizens of French on their fellow countrymen set a gruesome scene in the cities and country sides of France. Charles Dickens uses a palate of storm, wine, and blood imagery in A Tale of Two Cities to paint exactly how tremendously brutal this period of time was. Dickens use of storm imagery throughout his novel illustrates to the reader the tremulous, fierce, and explosive time period in which the course of events takesRead MoreA Tale Of Two Cities By Charles Dickens1024 Words   |  5 PagesAt the beginning of A Tale of Two Cities, Charles Dickens writes, â€Å"every human creature is constituted to be that profound secret and mystery to every other (14).† Throughout the novel, Dickens incorporates the theme of secrets to connect characters and add mystery to the story. The three characters with the significant secrets are Charles Darnay, Alexandre Manette, and Madame Defarge. Darnay, Manette, and Defarge are all of French blood, living in either France or England in the heat of the FrenchRead MoreA Tale Of Two Cities By Charles Dickens1704 Words   |  7 PagesA Tale of Two Cities by Charles Dickens is a novel set during the time of the French Revolution in England and France. The Revolution is a time of great danger and constant change. Dickens’ novel expresses the theme of fate through metaphors in many different ways. These metaphors connect the fates of Dickens’ characters that are intertwined in some way whether they are aware of how they are connected or not. Charles Dickens illustrates to his readers that fate is predetermined as shown throughRead MoreCharles Dickens Tale Of Two Cities1079 Words   |  5 PagesFated Coincidences Charles Dickens was a distinguished writer during the 1800s and was inspired by Thomas Carlyle’s book French Revolution. Dickens was influenced by this book to write his novel Tale of Two Cities. Even though he wrote the book seventy years after the French Revolution, he studied many different books from two wagons from Carlyle which he sent as a joke. Throughout the book Tale of Two Cities, Dickens has a recurring theme of fate. Dickens illustrates that everyone’s lives areRead MoreA Tale Of Two Cities By Charles Dickens1831 Words   |  8 Pagesthese horrific acts, there was a revival of French spirit after the Revolution had ended, in the sense that the French are resurging after being an inch from death. In A Tale of Two Cities, Charles Dickens shows the reader that the general idea of resurrection can occur at any given point of time. The novel is set in two cities, London and Paris, during the French Revolution. The story begins with Mr. Lorry, an official from Tellson’s Bank in London, and Lucie Manette as they make their way to ParisRead MoreA Tale Of Two Cities By Charles Dickens987 Words   |  4 PagesIn a Tale of Two cities. Dickens juxtapositions suspense and humor in a intricate tale of love and loyalty. The book takes place in the late 18th century, during the french revolution. the book is set in England and France, more specifically London and Paris. These are the two cities that the book centers around. In the city of London, the neighborhood of SoHo, and Paris, the french countryside, and city of Dover. b city houses, palace of Versailles. The house in Paris where the Darnay s stayedRead MoreA Tale Of Two Cities By Charles Dickens1363 Words   |  6 PagesTale of Two Cities A Tale of Two Cities is a 19th century novel that conveys the terror of the French Revolution through the story of the Manette and Darnay family. Charles Dickens intertwined characters throughout the novel to convey the equivocal viewpoint of the citizens throughout England. The ambiguous characters of Charles Darnay, Madame Defarge, and Mr. Carton, work to show both the innocence and savagery of the revolution. Charles Darnay spent the early years of his life as nobilityRead MoreA Tale Of Two Cities By Charles Dickens1426 Words   |  6 Pagesanxiety, and misery, the French Revolution was a trying time for all involved, even the characters crafted by Charles Dickens’ imagination. Charles Dickens’ strongly enforces the hardships of this arduous era in his remarkable novel, A Tale of Two Cities, while exhibiting his keen ability to leave hints for the readers, allowing them to predict upcoming events in his skillfully fashioned plot. Dickens utilizes vivid imagery to construct menacing settings. He presents his characters as impulsive to indicateRead MoreA Tale Of Two Cities By Charles Dickens1398 Words   |  6 PagesHuman Cruelty is a Result of Hatred Charles Dickens is a very famous novelist, who was born on February 7, 1812, in his home of Portsmouth, England. He was a very dedicated man with a great imagination, and he shows his writing skills in his book A Tale of Two Cities, a historical fiction that focuses on the French Revolution. In this book Dickens uses both atmosphere and imagery to describe how brutal and inhumane men can be to each other. He uses scenes of a man’s need for tyranny, a man’s needRead MoreA Tale Of Two Cities By Charles Dickens1301 Words   |  6 PagesThe famous paradoxical line throughout history, â€Å"It was the best of times, it was the worst of times†¦Ã¢â‚¬  captures the essence of the French Revolution. Charles Dickens, the Victorian age author of A Tale of Two Cities vividly captures the fright and upheaval of the Pre-Revolution time period. By evoking the French Revolution, love is evident throughout all characters in the novel. Love eclipses tyranny, poverty, and all ot her problems that sansculottes in the novel face as love cannot be taken away

Thursday, May 14, 2020

The Middle East Geography, History, Politics

The Middle East as a term can be as contentious as the region it identifies. Its not a precise geographical area like Europe or Africa. Its not a political or economic alliance like the European Union. Its not even an agreed-upon term by the countries that constitute it. So what is the Middle East? A Controversial Term The Middle East is not a term Middle Easterners gave themselves, but a British term borne of a colonial, European perspective. The terms origins are seeped in controversy for having originally been a European imposition of geographic perspective according to European spheres of influence. East from where? From London. Why Middle? Because it was half-way between the United Kingdom and India, the Far East. By most accounts, the earliest reference to the Middle East occurs in a 1902 edition of the British journal National Review, in an article by Alfred Thayer Mahan entitled The Persian Gulf and International Relations. The term gained common usage after it was popularized by Valentine Chirol, a turn-of-the-century correspondent for the London times in Tehran. Arabs themselves never referred to their region as the Middle East until the colonial usage of the term became current and stuck. For a time, the Near East was the term used for the Levant--Egypt, Lebanon, Palestine, Syria, Jordan--while Middle East applied to Iraq, Iran, Afghanistan and Iran. The American perspective lumped the region into one basket, giving more credence to the general term Middle East. Defining The Middle East Today, even Arabs and other people in the Middle East accept the term as a geographical point of reference. Disagreements persist, however, about the exact geographical definition of the region. The most conservative definition limits the Middle East to the countries bound by Egypt to the West, the Arab Peninsula to the South, and at most Iran to the East. A more expansive view of the Middle East, or the Greater Middle East, would stretch the region to Mauritania in West Africa and all the countries of North Africa that are members of the Arab League; eastward, it would go as far as Pakistan. The Encyclopedia of the Modern Middle East includes the Mediterranean islands of Malta and Cyprus in its definition of the Middle East. Politically, a country as far east as Pakistan is increasingly included in the Middle East because of Pakistans close ties and involvements in Afghanistan. Similarly, the former south and southwestern republics of the Soviet Union--Kazakhstan, Tajikistan, Uzbekistan, Armenia, Turkmenistan, Azerbaijan--can also be included in a more expansive view of the Middle East because of the republics cultural, historical, ethnic and especially religious cross-overs with countries at the core of the Middle East.

Wednesday, May 6, 2020

Power of Classical and Scriptural Witches Essay - 1309 Words

1 Mà ³nica Rodrà ­guez Pà ©rez 801-09-6274 To what extent does the Classical Tradition agree with the Scriptural Tradition on the powers witches can wield? The two biggest differences we have from the Classical witch and the Christian Ideal featured in their sacred texts, is definitely the connotation that either receives and, the powers they may or may not have. In the first, witches aren’t seen in a negative light; just as they are in the later doctrine (the word Witch was created by the Christian Faith later on.) Before, they were known as oracles, and in some cases, as humans gifted by pagan deities, or the deities themselves (the case with some†¦show more content†¦being covetous, incestuous, lascivious, vengeful, choleric and many more). During the time of the Inquisition, the term witchcraft gained a new meaning. It didn’t only limit itself to prescribing certain acts of earlier pagan religions as not virtuous, but to be an act of Devil worship. An example of the kinds of negative consequences th at would result of consulting witchcraft is the story of King Saul and the Witch of Endor in the book of Samuel 1.He is the first king, appointed by the prophet Samuel. He has a couple of shining moments when he defeats the Ammonites. He commits his first big mistake not soon after, he spares the Amalekites who are sworn enemies of the Jewish people, as per dictated by God. After he spared the Amalekites, he is tormented by the Lord’s unresponsiveness to his pleas. He is full of doubts, concerning his upcoming battle with the Philistines and their leader, David. When his doubts are not appeased via prophet, a dream and such, he decides to go to this woman, who is also called â€Å"familiar withShow MoreRelatedWho Goes with Fergus11452 Words   |  46 Pagespresence (â€Å"a flame that cannot singe a sleeve†). The narrative and imagistic arrangement of this poem is highly ambiguous and complicated; it is unclear whether Yeats intends the poem to be a register of symbo ls or an actual mythological statement. (In classical mythology, dolphins often carry the dead to their final resting-place.) In any event, we see here the same preference for the artificial above the actual that appeared in â€Å"Sailing to Byzantium†; only now the speaker has encountered actual creatures

Tuesday, May 5, 2020

Local Labor Market Effects of Import Competition - Free samples

Question: Describe about the Local Labor Market Effects of Import Competition. Answer: Macroeconomics is that branch of economics that studies the behavior of the aggregate economy. Activities and topics such as inflation, unemployment and gross domestic product are studied in the theory of macroeconomics. The author critically analyzes the article titled as Wage Rise as U.S. Unemployment Rate Falls Below five percent. The article was published by Nelson D. Schwartz in February 2016. Unemployment is a situation of joblessness where the employees do not have any source of income for a certain period of time. The main concern of the article is to discuss whether the rise in wages reduces unemployment in the economy especially in America. The rise in the wages that is salary that workers get for the work they do led to a fall in the unemployment rate in America (Schwartz, 2016). The unemployment rate in America is falling from 2013 and is currently below five percent according to labor bureau of statistics. The main reason for rise in wages in America is that companies want to retain the employees that are efficient. The market of America is efficient despite of economic activities such as disturbances in stock market, slow market of china and risks due to growing emerging market. The labor market is growing despite of turmoil in financial market (Schwartz, 2016). The efficiency wage theory can be used to describe such scenario where the companies are ready to pay higher wages to retain the experienced employees. The interest rate is likely to increase in next fiscal year because of the downward pressure on prices from strong dollar and slow pace of hiring (Weiss, 2014). The minimum wage is the wage that the employers have to pay the employees and cannot pay less than that. The rise in the minimum wages also one of the factors that led to a rise in the salary of employees. The main fear of the corporate in America is that rise in wages could decrease the profit margin as the cost of production would rise. The economy of America is likely to have lees effect of recession because of the rise in income, employment and home values (Low Pay Commission, 2013). Slow growth of chinas market, collapse of oil prices and decrease in sales are some of the economic activities that are likely to affect the economy. Fall in the prices of oil led many workers jobless as some of energy industries could not maintain the profit level. The wage rate was rising and the oil prices were falling due to which the cost of production was high (David et al., 2013). The recovery of the American market began in 2009 and its biggest achievement was rise in wages and fall in unemployment. The amount of job creation has fallen. However, seasonal and cyclical unemployment do exists where the workers are laid off due to changes in economic activities. For example a rise in the price of oil can lead to unemployment as the companies are not able to cop up with the cost. Figure: unemployment rate in America (Source: Schwartz, 2016). The government of America should increase the wage rate not much as it will then lead to unemployment. As the cost of production rises the producers will stop hiring the employees. This will lead to a rise in unemployment. In order to solve the problem of unemployment government of America should open more jobs for the youth of the country. Government should also concentrate on providing training and development and invest on education so that employers does not have to think twice before hiring the employees. References David, H., Dorn, D., Hanson, G. H. (2013). The China syndrome: Local labor market effects of import competition in the United States.The American Economic Review,103(6), 2121-2168. Low Pay Commission. (2013).National Minimum Wage: Low Pay Commission Report 2013(Vol. 8565). The Stationery Office. Schwartz, N. (2016). Wages Rise as U.S. Unemployment Rate Falls Below 5%. Nytimes.com. Retrieved 20 July 2016, from https://www.nytimes.com/2016/02/06/business/economy/jobs-report-unemployment-january-fed-interest-rates.html?_r=0 Weiss, A. (2014).Efficiency wages: Models of unemployment, layoffs, and wage dispersion. Princeton University Press.