Thursday, February 13, 2020

Environmental Case Analysis Essay Example | Topics and Well Written Essays - 750 words

Environmental Case Analysis - Essay Example The individuals in effect make up the society and hence have to decide what they want to do with their resources but the ultimate decision maker is the government who has to look after the environmental as well as economical side of each decision. The society's concern is to increase their welfare from the amount of resources that they have and the government has to take the decision with economic viability in mind, the case points out that the only way to strike a balance between the two is to have a free market economic system in place which will balance the amount of resources that need to be put in to reduce pollution and those that need to be employed else where. The major economic concepts in the case are of opportunity costs and cost benefit analysis, these concepts are the binding factors for the environmental and economic side of the argument. The analysis can be divided into two portions: the scientific point of view and the ethical point of view, talking of the scientific point of view the first thing that is to be understood is that all things that are achievable in a laboratory are not achievable in the world outside it for example clean water only exists in laboratories and not outside them. But who is to decide what clean is What is clean for some one is not clean for some one else and hence there is no agreement. ... extent does it have to be curbed Should it be cut off from its roots Should it be allowed to remain at a level These are the questions that have to be answered by the scientific side of the issue. When we speak of science, inevitably we have to speak of economics because it is economics that shows us the way to have a cost effective method of curbing pollution. Such methods and processes should be introduced, which tend to minimize maximum amount of pollution using the minimum amount of resources available. The first thing to understand is that there are a limited number of resources that every community has on its disposal and it has to decide how and where to use these resources, hence not all the resources can be used to curb pollution because then the community will have nothing to eat, wear and will have no shelter over their heads. On the other hand if none of the resources are used to curb pollution then pollution would become a major issue for that community. Hence this shows that we have to strike the right balance, that is, the right decision in the right area at the right time. As stated in the case, the right balance can only be achieved if there is a free market economy in place. A free market economy is one where every individual seeks to attain his or her goals in any suitable way he or she wants without any specific restriction or restraints and hence increase his or her satisfaction. By doing this they increase the over all utility of the community and hence in a free market economic system there is a negligible role of the government. Adam smith, the father of economics, said the free market economy operates as if an invisible hand guides each and every individual to attain their goals, and keeps on shifting the economy to the right equilibrium

Saturday, February 1, 2020

STRATEGIC MANAGEMENT Coursework Example | Topics and Well Written Essays - 1000 words

STRATEGIC MANAGEMENT - Coursework Example In this entire period, the Canadian Aluminum company shifted its strategies from immediate to deliberate strategies. However, its external factors were very influential on the decisions made. As the company continued centralizing its structures, it relied on deliberate strategies. The authors have a high credibility in that, they are attempting to evaluate whether the growth of a company depends on either deliberate or emergent strategy. Their credibility is evident since they try to apply what Henry Mintzberg had already introduced. Other scholars have reviewed the source of their information. In their findings, they disclose that emergent and deliberate strategies vary in their continuum. The authors research and findings support the research topic, that their exist similarities and differences between the emergent and the deliberate strategies. I endorse their conclusion on the ground that, the two strategies cannot be equally exclusive since either occurs because of varied factor s. Mintzberg, H., Waters, A. J, 1985, Of Strategies, Deliberate and Emergent: John Wiley & Sons, Strategic Management Journal, Vol. ... The article is relevant to the research topic since it supports that there is a sharp dichotomy between the deliberate and emergent strategies. Some of the features that I consider useful in supporting the research topic is when the authors confirms that the two strategies are like two end points of a scale upon which the organizations base their strategies. In presenting their credibility, the authors come up with a notion that and some other fundamental issues linked to strategic decisions. In their conclusion, they disclose the various types of strategies that concealed in research. In extent, these may compromise the validity and reliability of their research since most of the strategies unearthed are not peer reviewed. The strategies uncovered in research include; planned, entrepreneurial, ideological, umbrella, process, unconnected, consensus and imposed strategies. Even though, I support their research that there is a great comparison between the emergent and deliberate strate gies, I am not quite certain about the other strategies they introduce and consider that they also vary. Mintzberg, H, 1990, Design School: Reconsidering the Basic Premises of Strategic Management, John Wiley & Sons, Strategic Management Journal, Vol. 11, No. 3 (Mar. - Apr., 1990), pp. 171-195. Accessed: 30/07/2010 04:57. Web: Retrieved from: http://www.jstor.org/stable/2486485 Among the opinions held by particular groups on the formation of strategy, there is one that lies beneath the descriptions in the area of study, and that is the design school. The main purpose of this paper is to suggest on a simple model, which evaluates the process, as a design to accomplish a fundamental anchor between