The debate of online courses Essay Example | Topics and Well Written Essays - 1000 words

The debate of online courses - Essay Example One can also engage in web-based education whereby educational resources, communications, and accomplish all schoolwork activities via the internet. The following essay covers the main similarities and differences between online and traditional-based forms of education in order to enable learners decide which method best meets their needs. Similarities Everyone knows that obtaining a degree is not that easy and one has to struggle a lot. With the argument of joining a college, many learners wonder, which form of education, is better to pursue, whether online or on-campus. Although, both form of education are different from each other, there are a number of similarities seen in both (Bourne, 2004: 63). In both methods, there are assignments, teacher student interaction, and availability of reference materials. To begin with, the principal similarity of asynchronous online education vs. traditional education is availability of assignments. In any learning environment, assignments are v ery important. Schools would not be good learning opportunity if the learners do not incorporate what they learn in assignments. In both forms of education, there are individual and group discussion assignments. Such assignments include doing researches, answering group discussion questions, writing essays, and participating in class work, which are present in both online and traditional form of educations. For instance, presentations are not favorite top everybody, but they are given in class and online in a similar format of preparing to deliver certain information to the students. Even though assignments may be dissimilar in both education setting, both has similar intentions to help the learners acquire learning materials. Secondly, reference materials are highly valuable in any learning environment to help the learners acquire extra information especially when doing researches. The best form of reference materials are books, which are accessible in both online and tradition edu cational settings. In online learning, E-books make learning and referencing much easier and better. Students do not have to experience the burden of carrying heavy textbooks around (Bourne, 2004: 60). No matter whether one engages in online or traditional form of education, library will remain to be the main source of reference materials. This is because, in library, students have access to many textbooks and internet. Although every student requires his own reference materials relating to the course he is pursuing, internet is widely used and has become the main source of reference materials since one can access plenty of online books easily. Teacher student interaction is also another similarity found in both asynchronous and traditional form of education. With many learners, social interaction is a principal aspect of the campus experience. If one is planning to meet new friends and expand his social and professional networks, it is then essential to attend classes on campus. Ho wever, web-based education is not totally devoid of social interaction. Online learning involves video conferencing, and message boards, which ensures link between the students, classmate, and the tutors. In addition, online learning involves people form all the United States, giving student’s opportunity to interact with new people whom one would never meet on campus. Differences Flexibility E learning

Role of the Government in the Prevention of Recession Essay

Role of the Government in the Prevention of Recession - Essay Example This wall was constructed in the 1640s by the Dutch. History has it that the West Indians from the West Indian Company bought the Manhattan land from their predecessors by paying them with goods worth $25. This took the Indians that lived in Manhattan then by surprise because to them land could not be privately owned. When they realized that the Dutch West Indian company had taken their land, they began to demand their land back. For this reason, the Dutch Indians constructed the wall to keep the Lenape Indians out. Lenape is the name used for the people that lived in Manhattan. The Dutch Indians made use of the African slaves, and the white colonists to construct the wall to a height of 12 foot by 1.1 km length, all along the length of the original fortifications (Gigante?s, 99). The Wall Street developed into a business location around the year 1685 when traders used to gather in distinct locations to purchase and sell bonds and shares. Over time, the trade developed, and there was the specialization of these merchants into dealers and auctioneers. The Wall Street also became a place where people hired slaves. Due to these continued trading activities on this street, the New York City Common Council declared Wall Street to be a slave market, where people could buy slaves or hire them. In the year 1792, the formation of the Buttonwood Agreement led to the formation of the New York Stock Exchange. Over the centuries, the Wall Street developed its own institutions and individual personality with very little interference from other societies, or none at all. Within these years, there has also been many changes on the wall street. At first, there was the development of the agricultural trade, and then came the industrial, and finally there was the financial development, in the 19th century. In 1888, the stock exchange started to be tracked. In the early years of the20th century, there was the construction of business buildings, which were skyscrapers. The 20th cen tury also saw the introduction of taxes on stocks transfers, though this was protested by stock clerks. The Wall Street is currently the centre of the largest stock exchange market in the world. In the 19th century, there was the development of a class of businessmen that were very wealthy. This extremely wealthy class used brutal and dishonorable ways to maintain their dominance in the major industries. This was referred to as the as the robber barons. For instance, they exploited the workers of industries such as the railroads, petroleum mad steel among others. These industries became monopolies due to exploitation by these robber barons (Gigante?s, 89). This period of domination by the robber barons lasted for a while, but people rebelled against their dominance; thus they were brought under control. For instance Cornelius Vanderbilt, subjugated the whole of the transport industry of the united states. He amassed a lot of wealth from his domination of the fleet of steamboats; the also owned and dominated the railroads. Cornelius Vanderbilt was said to be the richest man in the united states in the year 1877. Robber barons were also used to refer to the German lords who charged tolls on the roads that crossed their lands. Some also charged huge toll on the ships. The year 1929 brought about a turn in the economic history of the United States. During this time, the New York Stock Exchange experienced a financial crisis that had ever been experience. There were huge losses that were made during this time. This was also known as the â€Å"Black Tuesday†. It started in October 1929 and extended for a long time. This crash in the New York Stock Exchange lasted for ten years. This would lead to negative effects on the industrialization of most of

(Critical Analysis) Essay Example | Topics and Well Written Essays - 750 words

(Critical Analysis) - Essay Example She goes to the extent of looting to ensure that her sick brother gets daily medicine for his survival. The film shows some religious institutions, such as church, and they way they help suffering neighbors and members. Good neighbors, like Madea and Pastor Brian, take the responsibility of taking care of these young children by giving them food and ensuring they find their relatives in town. One of the relatives is the woman named April, who is the children’s aunty. She is a nightclub singer and an alcohol addict living with a married man who has ran away from the responsibility of taking care of his family. At the end of the film, she transforms from her past lifestyle into a loving and caring aunty and later gets married to Sandino; an immigrant who she accommodated in her basement. According to IMBd website, the film, cast actors and actress have been nominated and won several awards. Some of the awards include Bet Awards, Black Reel Awards and Image Awards in 2010. For ex ample, in 2010, Adams Rodriguez (Sandino in the film) won the Image Awards under â€Å"the Outstanding Character in a Motion Picture.† The film can be classified into three theories of communication namely inclusion, need for control and need for affection. The theory of inclusion applies in this film where Sandino a middle aged immigrant in search of work and a place to settle in a foreign country approaches church leaders for help. The church leader requests April to accommodate him, she allows her to stay in the basement. Sandino fits well in this theory as he seeks to be liked and loved by Jennifer and her little brothers. He goes to the extent of buying them the syringes and medicine for Jennifer’s younger brother. Jennifer wonders why he is concerned and good to them; according to her the world is unfair and presents a tough face to all the people in it. Sandino fights to be loved by all; April included, as he repairs one of the rooms and ensures that everything is in place for the comfort of the young ones. At the end, he comes out to defend Jennifer as he was about of be raped by April’s boy friend. Sandino makes April to transform her past behavior of mistreating her niece and nephews and addiction to alcohol. Sandino ends up to be loved by all in April’s family and church members, who end up organizing a nice wedding between him and April. The theory of need for control is also found in this film. One of the funny characters in this film is Madea, who is firm, in control and wants to be recognized as one in charge of the activities going on in her house and that of anyone she comes in contact with. The film introduces Madea from on set. She wakes up after Jennifer and her brothers try to loot her house. She firmly disrupts her husband’s sleep, she show her power of control when she invites Jennifer and her brothers to have a meal with them. She wants them to refer to her as ‘madam’ whenever they answer her questions. She shows the control in her by driving the children to April’s house. She orders one of them to knock the door as loud as he can until April wakes up. Madea commands April to take her niece and nephews, which she accepts without further argument. Although Madea may be seen as controlling freak, Jennifer goes to her to figure out how to pray. Though she did not understand the Biblical stories, she agreed to teach Jennifer. She extended her generosity by advising her how she could manage all her

Write a mission, vision, and values Article Example | Topics and Well Written Essays - 250 words

Write a mission, vision, and values - Article Example Marketing manager in Stratsim company should bear in mind that core values are important in the growth of the company and that he should establish a good personal relationship with the various stakeholders .For instance, the customers being served on time, tax returns are remitted on time and in full amount, maximizing shareholders return and finally the company should be able to meet their financial obligation such as paying creditors and suppliers. These will help the company develop a good personal relationship since it’s the core issue in business. Mission simply illustrates why companies exist, why the various stakeholders wake up in the morning and do what they do. It also outlines what function the company performs. It distinguishes one company’s activity from the other. A good mission is that which represents truth and reality about the company.Management should know that mission statement serve to inform various stakeholders such as management, shareholder, suppliers, government and employees of the company. The statement guides these stakeholders towards strategic and operational decision. Mission statement for Stratsim Company will be, â€Å"To manufacture high quality vehicles that satisfy consumers need at an affordable price†. This statement provides the consumer with two sets of information that is; vehicles being manufacture are of high quality and the price at which Strasim sell the vehicle is affordable allowing one to easily purcahse. This is a statement showing how Stratsim Company will do things, In other words it outlines a picture into the future. Without a vision statement an organization will never know where they are headed. Vision statement guides us, it gives us purpose and it is a powerful motivation tool for an organization. An example of a vision statement for Stratsim will be, â€Å"By the year 2020, Stratsim Company will be the leading

The importance of the achievements of Mesopotamian Society Essay Example for Free

The importance of the achievements of Mesopotamian Society Essay Through the development of writing, mathematics, metalworking, detailed law codes, and the wheel, Mesopotamians have shown their ingenuity with many different achievements. The world as we know it could not survive without writing. I am writing right now in order to do this paper, and the economy and so much of our lives is dependent on writing. Although it goes hand-in-hand with writing, mathematics is also a very important achievement of the Mesopotamians. Mesopotamians based their math system on sixty, but it is just as important and influential regardless. Metal work is another great achievement of the Mesopotamians; it improved warfare, made better tools, and is very important in life today also. Law codes, although mostly used as a guideline, helped to keep the peace and gave a true sense of authority and respect for the king. The wheel was one of the most influential inventions of all time, despite its simplistic origins as a potters wheel and then later a solid way of pulling a cart easier. Writing is by far the most important achievement of Mesopotamian society. Developing from writing on clay envelopes as a way of keeping business records, writing was first used as a counting method. Later on, Sumerians, who were the first to develop a writing system, realized that it would be easier to simply write these notes on clay rather than on the round envelope. The writing system that began to emerge is called Cuneiform and pushing a reed into a clay tablet produced these Cuneiform symbols. However, before the Cuneiform we know today developed, pictograms were used to represent several different sounds or words. These pictograms gradually became more abstract over time, and developed into a system of triangular shapes and lines. Writing promoted a persons social status, if you knew how to read and write you were someone. The choicest profession in Mesopotamia was to be a scribe, as almost no common people knew how to write, and even kings usually did not know how to write. With writing and the writing profession, schools began to develop to teach their pupils to become scribes. Most scribes worked either for the government or worked as the town scribe. Writing is extremely important today. It has been used in as simplistic things such as writing journals, to much bigger things, such as declaring independence from a mother country. The clearest way of describing the importance of writing is to show that definable history begins with the  development of writing. Mathematics, used mainly for business transactions, arguably changed the world as much as writing did. The Sumerians were also the peoples to develop mathematics. Their math system was based on the number sixty, and this is where we get the sixty seconds in a minute and sixty minutes in an hour. This system of mathematics allowed the peoples of Mesopotamia to do everyday things such as the area of a room or how old a person was. The Sumerian system greatly improved trade, especially while using the barter system. It allowed Mesopotamians to put a value on goods so that it was possible to know the difference between the value of a sheep and a bag of grain, or the difference between the value of a pound of bronze and a pound of clay. The development of mathematics lead to great advancements in architecture as well. Planning and executing the construction of a building required a great deal of math in order to calculate wall size, shape, angle, etc. Today, mathematics is also very important. Students spend years studying the different methods of math to be able to apply it to their everyday lives. Math and numbers are used everywhere everyday from telling someone your phone number to calculating your percent profit at the end of a busy week. Another important advancement of Mesopotamians is their work with metals. Mesopotamians began to branch out from stone tools and use metals such as copper and bronze. This branching out and grasping a new material lead to widespread specialization of work. Blacksmithing became a known occupation, and allowed for the mass producing of metal weaponry (In the ancient near eastern sense). Metal weaponry became the basis for whether or not you would win the war. If you were still using wooden weapons, a city-state that had copper weaponry could wipe you out or defeat you fairly quickly. The same would be true if you were a city-state that was using copper weapons and an enemy using bronze weapons attacked you. The enemy would either destroy or capture your city-state with a fair amount of ease. Metalworkings and trading were not only important to the daily lives of Mesopotamians for tools and such, but for more than a thousand years they were the definitive factor in warfare. With the development for such weaponry, governments had to institute law codes to help to keep the control and the peace amongst their city-state or empire. The most famous of these law codes, though not the only one found, is the Law Code of Hammurabi, the ruler of Babylonia from about 1792 B.C.E to about 1750 B.C.E. This law code has hundreds of laws dealing with simple matters of contracts and other ordinary functions to laws regarding thievery, murder, and mal practice. Hammurabis code, although used as mainly a guideline for Babylonian judges, was presented to the people of Babylonia as a direct command from the Gods indicating that these were the proper behaviors. This caused the peoples to want to follow the laws even more, because they believed that the Gods would curse them if they did not obey. These punishments, however, had different punishments for different classes, showing the different levels of respect that the government had for its people. Most of these laws, however, dealt with criminals in a very strict, eye-for-an-eye, vengeful manner. Law is very important today because it continues to try and keep the peace on the streets and in our country by making people realize that there are consequences to their actions. This is a great achievement for Mesopotamians because it shows their realization that there must be order in the kingdom for the kingdom to survive, and that there also needs to be obedience and distribution of work for a kingdom to advance in status. The wheel is also one of the greatest achievements of Mesopotamians, because it allowed for faster travel, more efficient warfare, and also lead to thousands upon thousands of inventions in the future. The wheel began as part of a potters wheel for making pots, and then gradually the idea began to emerge to use a rolling something, the wheel, for easier ways to pull something in a cart. Before, sleds were used to drag stuff along, but this method was very tedious and slow because it created a lot of friction against the ground. The wheel was then used as a solid circle attached with an axle to a cart that pulled soldiers to and from places during a battle. A dependable, yet slow moving, donkey-like creature often pulled this cart. The idea for spokes in the wheels did not emerge until later, but it allowed for the cart to become a chariot and be pulled by a horse quickly around battlefields. With the initiation of horse-drawn chariots, warfare improved  by allowing soldiers to fight from their chariots, thus decreasing their chance of injury. The improvements of warfare, and the allowance that the development of the wheel has had on technological advances over time are the reasons that the wheel was such an important achievement of the Mesopotamians. The achievements and firsts of Mesopotamian society are great and numerous. These achievements have paved the way for outstanding advancements in technology that allow us to live the lives we live today and to do the things that we are so accustomed to doing, such as typing this paper using this computer with a spinning hard disk a writing system.

Population Learning Importance To Quantity Of Education Economics Essay

Population Learning Importance To Quantity Of Education Economics Essay In every economy, the education sector is considered to be one of the biggest industries and in the twenty first century it is regarded as major contributor to economic growth and development of any country. There is a positive link between economic productivity and investment in human capital as they both are dependent on each other. Many authors have studied that a country can earn high returns if they invest properly in human capital. However today, many developing countries are facing problems with education quality. And there is an argument in academics also that what contributes to economic development quality or quantity in education (Hanushek Kimko, 2000, Gills et al., 1996, Mingat and Tan, 1996; Psacharopoulos, 1994; Krueger Lindahl, 2000; Hanushek Woessmann, 2007, Heyneman, 2004). Many theoretical and empirical findings have suggested that the economic development of a country is determined by its human capital and human capital is considered to be critical especially for the under developed or developing countries as they need to strive hard to achieve high economic growth (Barro, 1991, 1997, Barro Lee, 1993, Chen, Feng, 1996, Feng, 1997, Persson Tabellini, 1992 cited in Chen Feng, 2000). UNESCO Institute for Statistics, 2007. As in the case of China, whose GDP growth rate has been very impressive from several years the demand for education has been increased. However, the resources required to meet this educational demand are not sufficient. Hence the government in China has decided to invest immensely in the education sector in coming years as that leads to economic development and also raises the standards of living. (Wen and Yang, 2005 cited in Iacov.D, 2009).13.0% of government spending goes to education in China (UNESCO, 2007). There has been a debate in the literature as to whether what matters the most in the economic development of a country is it quality or quantity of education? (Ferranti, 2003, Cheng Tam, 1997, Link Ratledge, 1975). It has been argued when evaluating approximately the effect of education on economic development of a country it is crucial to focus on knowledge and learning instead of counting how long students have attended the school i.e. Quality is more important rather than mere quantity. It has also been suggested that although quality and quantity of education both leads to economic development of a country but quality of education has major effect on economic growth of a country (Hanushek Woessmann, 2007, Barro, 2001, Bosworth Collins, 2003). From several years the literature on link between education and economic growth of any country has been focusing on the importance of quantity of education and purely neglected the issue of quality of education and has also overlooked the core of what education is all about. It has been suggested that the earnings of an individual is directly affected by improvement in quality of education as it leads to greater productivity. An individual who procures more knowledge can enter the labour markets quickly and with greater capacity. However, it has been argued by Wolf, 2004 that although higher education can lead to high productivity and better quality of education but then it differs from country to country as circumstances are different in each of the countries. It has also been suggested that the workers productivity cannot be increased in the labour market by just spending long years of schooling (quantitative) rather than that it depends on workers experience (qualitative) (Solmon, 1985, Monastiriotis, 2002, Wolf, 2004). However, it has been argued that measuring the impact of quantity of education on the economic development of a country is not easy. And one of the main reasons for this is that both quality and quantity of education are equally necessary in order to determine the effects of education on the skills of work force i.e. High levels of schooling and greater amount of knowledge acquired at each level of education. However, Mingat 1996 argues that Quantity can be easily measured through various means like enrolment ratio and years of schooling because as the technology changes the demand for higher level of education increases. It has also been argued that there has been no sufficient research conducted on the subject of quality of education by the academics (Cheng, 1995, Mingat, 1996, Smart, 2004). However it has been argued that if an individual possesses higher education he is in better position to earn higher wages in the labour market than those who just have knowledge and skills. But this may not necessarily lead to the economic development of the country. In the past there was limited need of education because people were mainly engaged in agriculture which required less knowledge and experience. But today at the various stages of economic development of a country labour market demands for well qualified, trained and educated workforce has been increasing. Therefore, the central issue here is that quantity of education is more important as the supply of qualified people in the labour markets is a necessary criterion today which contributes to the economic development (Ramlee, 2007, Card 1994, Sianesi Reenen, 2003). Behrman and Birdsall, 1983 Boissiere et al., 1985 cited in Mingat 1996 that the governments throughout the world are investing heavily in the quality of education. In several countries like Brazil, Tanzania and Kenya research that was linked to job performance and education was conducted and it was seen that not only quantity but the quality of education is crucial for economic development of a country. It has been stated that to measure the returns from education and its impact on economic development of a country both the quality of learning and the quantity of schooling must be considered (Mingat, 1996). However in the case of developing country like China, the country is struggling with the issue of quality of education as there has been rapid massification of higher education in China. In China quality of education is very low than what has been expected. This is because their attitude towards adopting western culture is not very encouraging. But still China is making efforts to increase its quality of education by joining hands with Germanyà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒ ¢Ã¢â‚¬Å¾Ã‚ ¢s experts on quality management and quality assurance. This will be beneficial for China as Germany has one of the worldà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒ ¢Ã¢â‚¬Å¾Ã‚ ¢s best known quality education system. Also In vocational training and higher education, Germany has developed quality management and quality assurance standards in accordance with the Bologna Process and Copenhagen Process. From several years China has been mainly focusing on the issue of quantity of education and they have completely ignored the qualitative a spects which had led to the mismatch of demand and supply of Chinese Graduates in the labour market, thus leaving many graduates unemployed (Guyer, 2005, Brandenburg Zhu, 2007, Schulte, 2010, RIETI, 2010). Also For example in a country like Mauritius, they have been concentrating on improving both the quantity and quality of its higher education system. Since 1989, the number of students enrolling themselves in universities has been increasing tremendously it was around 40 initially which has risen to over 400 students today. It has also collaborated with other universities for improving their quality issues in education. Economic Growth of the country has been the central focus of the education system in Mauritius. They have designed their educational courses in such a way that the economy benefits the most from courses like engineering, it has lead to the technological development, textile, it has been the major contributor of economic growth since several years in Mauritius, law and management etc as all the above degrees contributes to the economic growth of the country and the economy can diversify into the highly profitable sectors. Hence quality and quantity of education has bee n the crucial factor for the economic development of Mauritius. (Bloom, Canning Chan, 2006). However, it has been critically argued that as and when the earnings of an individual increases, and people become richer the demand for education in turn also increases but there is lack of empirical evidence as to whether the countries who spend more on education and training reap economic benefits or not an also there is still consensus in the literature that whether quality or quantity of education leads to economic development of a country (Wolf, 2004). The second issue has been the role of Human capital theory and screening theory in quality and quantity of education and its effect on economic growth. Both of these theories are considered to be most important theories in the economics of education. These theories suggest that there exists a direct and positive relationship between earnings and education which leads to the economic development of the country. Human capital theory suggests that the skills of an individual are directly affected by education and it also affects ability of a person to earn profits in the labour market. The main reason behind this is that the better educated and trained workers have higher productivity and also they possess ability to learn more which in turn leads to the economic benefit as well as social benefit. This further leads to economic development of a country. The Human capital theory suggests that if an individual enrol themselves in number of courses, obtain high scores in their exams and fi nd a suitable job for themselves this all will improve the earning capacity of an individual. Human Capital theory further states that the education comes with economic benefits so it is generally productive. (Weiss, 1995, Becker, 1964, Schultz, 1975, Feng Liang, 2009). However in contrast to human capital theory, screening hypothesis assumes that the capacity for productivity depends on individuals themselves and that the education rarely has any effect on productivity of an individual. And according to screening hypothesis, high test scores and class ranks will not necessarily lead to significantly higher earnings or economic development of a country. Also screening theory argues for the informative value of education. In short human capital theory suggests that economic value of education is productive as compared to screening theory which argues that greater productivity can be obtained through informative value of education which enhances economic growth. (Spence, 1973; Stiglitz, 1975; Riley, 1979 cited in Feng Liang, 2009). On the basis of empirical research it was seen that Chinese labour market for higher education graduates is characterised by the signalling or screening hypothesis. In the Chinese labour market, employers give priority to the total number of degrees obtained by an individual and years of schooling i.e. quantity of education rather than the ranks of an individual in class or credits obtained by them i.e. quality of education. Also the higher education system of China has adopted screening hypothesis to admit deserving students (FengLiang, 2009). There is another major argument in the literature, about who should pay for education? It was observed that in many developing countries the Central Government finances the basic education on a large scale. It has been suggested that the subsidies which government provides to finance education of a country increases the quality as well as quantity of education. Also many Individuals consider education as a cost rather than an investment this may hamper the economic development of a country because less number of students will enrol themselves in the higher education courses. And governments should pay only for primary education as it leads to social benefit whereas investment in higher education leads to private benefits. Hence investment in mandatory education increases the quality of education as people are equipped with basic knowledge and skills which also leads to the economic growth of a country as its literacy rate increases. An individual should pay for higher education becau se he gets better qualifications and he can eventually earn more when he enters the labour market. High earnings can lead to high productivity and lower the rate of unemployment, also when well educated and trained individuals earn more they need to pay more taxes to government and hence the burden of government finances on education decreases which will increase quality and quantity of education and thus the government can use that money to invest in other sectors of the economy which further contributes to the economic development of the country. (Cummings Riddell, 1994, Woodward, et al, 2000, Bloom et al, 2006). However the idea of individual spending on education has remained a subject of debate and it has been argued that government alone should not pay for education. Tilak argues that an individual benefits the most from the basic as well as higher education so he should pay for his education expenses and government should not intervene in this. Moreover the demand for training and education institutions have been increasing this clearly indicates that people are willing to invest in private education so government should not be the main suppliers. It has been argued that if the governments are the only suppliers of financing the education then there can be a problem because the education resources for public are declining and the demand for the same has been increasing tremendously so if only the government pays for education then the quality of education will be declined this is the case with China as well. (Alchian, 1968 cited in Brown, 2001 and West, 1995 cited in Raines, Leathers, 2003, Mwikisa, 1999, Tilak, 2003). Ling and Zhang, 2006 cited in Iacov, 2009 that the funding of education in China has been very low and this is still the same. The education system in China has undergone a change wherein previously they had centralised system of financing for education i.e. the Central Government was considered to be the main supplier of education. But now they have adopted decentralised system of education and hence the Central Government is not the sole administrator or financier of basic and secondary education. The local Chinese governments mainly finances the mandatory education and generally the full cost of secondary education this will improve the quality of education (Iacov, 2009, Rong and Shi, 2001, Zhao, 2009). However, Zhang Kong, 2009 argues that the Chinese Government must make increasing efforts to raise their investments in the education system because it is essential for the economic development of a country and also education is the major contributor to the GDP of any country. People must be relieved from contributing to the cost of education (Zhang Kong, 2009) Summers, 1992 cited in Mingat, 1998 that investment in primary education is generally regarded as a cost effective instrument as broader social objectives can be achieved which leads to the social economic development of the country. Harbison and Hanushek, 1992 Hanushek, Lavy, and Hitomi, 2006 cited in Hanushek, Woessmann, 2007 that there is the direct link between education quality and primary education as in the case of Brazil there are increasing rates of repeaters and school dropouts hence achieving skills through primary education can lower the chances of getting failed. In many primary schools of Egypt the dropout ratios of students are higher because of the low quality of Primary education and failure to achieve cognitive skills at primary level. This in turn has affected the economic growth of the country, hence it is crucial for governments to invest in quality of Primary education so that the dropouts and repeaters ratio is reduced and economic development of the country is achieved (Mingat, 1998, Hanushek, Woessmann, 2007). It was also found that the Asian Economies who were investing heavily in the primary education were very successful in achieving the quality of education which further leads to the social benefits and the overall economic growth for the country. It has been stated that the economic growth and productivity of a country depends upon its investment in quality of primary education. In a study done by Hanushek and Wobman, 2007 it was suggested that as the number of years of schooling advances it contributes to the economic growth of the country by 0.58% (Burnett, 1996, Yeung Mathieson, 1998, UNESCO/ OECD 2003). However, Psacharopoulos, 1994 cited in Mingat, 1996 and Hanushek and Wobman, 2007 argues that in the developing countries even though rate of return is higher from lower levels of education but this higher rate of return from lower levels do not necessarily contribute to the economic development of country. It has been critically argued that in the countries like Ghana, Brazil, Pakistan, United States, Mexico, and Indonesia although investment in Primary education leads to greater returns but as compared to the secondary and higher education the returns are relatively low. Also it has been argued that if the quality of primary education is very poor then the returns will also be low. Some of the countries like India, China, Sri Lanka and Bangladesh they donà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒ ¢Ã¢â‚¬Å¾Ã‚ ¢t spend much for primary education it is just around 7% of the per capita Gross Domestic Product (Fasih, 2008, Schultz, 2003, Ferranti, 2003, Manacorda, Sanchez, Paramo and Schady 2005 cited in Fasih, 2008, Kingdon and Soderbom, 2007, Copper, 1980). However, there have been many problems in investing in the primary education one of them is there is a wide gap between years of schooling and the investments made in it hence it takes long time for educated and well qualified people to enter the labour markets. Secondly, some portion of Investments are also lost due to number of dropouts, repeaters and if the quality of training and education is low. The Third main problem of investing in the primary education is that some of the individuals after completing their education they never take part in the labour markets because of some restrictions this is generally prominent in the case of women and also many talented, well qualified and trained individuals migrate to some other countries hence there is a loss of stock of human capital which further affects the development of any economy as brain drain is a kind of loss to the country (Psacharopoulos and Arriagada, 1986). Conclusion

Key Reasons For Outsourcing Through Three Ethical Theories Business Essay

Key Reasons For Outsourcing Through Three Ethical Theories Business Essay When a company gets outsourced, the people who are culturally removed from the parent company have to transfer the knowledge to the new employees those who come to the board. Can these services meet quality expectations? In some cases it does not satisfy the full requirements. There may be a communication gap when you transfer your knowledge to the third party. It may be that have a lack of interest to train the third party people, but you are forced to do it. In this case, honesty in communication and doing the right duties bring attention to ethical issues. This is against the Freedom of Speech.   There are language and cultural barriers while communicating with the overseas workers. The overseas workers communicate with Americans in broken and incomprehensible English. As a result, the companies have to compromise on the quality of the product. Nowadays, because work outsourcing has peaked, overseas workers have good communication and are very talented. They can easily understand the situation and come up with good ideas, providing a high-quality and safe product. End users benefit from the outcome of the result. The utilitarian theory states outsourcing is good.   Companies outsource due to highly skilled, educated labor, with cheaper price in foreign countries. Sometimes foreign countries use cheap-quality, raw materials and less manual effort to finish the project for their profit. As an example, China often use lead paint in toys, resulting in a poor-quality product, in which both customers and the company suffer. Utilitarianism Theory Analysis: The services or projects which are outsourcing are the Intellectual Property of the company. The company has the right to protect their intellectual property. For that need company has to enforce proper planning strategy on what services should be outsourced and what services should not. If there will be lack of proper planning, then may be chances of Identity Theft and the company goes through loses. In opposite way, if there is a proper planning, then company can focus on core services and outsource the ancillary duties and at the end provides a good quality product to the users. All the users and company get benefited, no one get harm. In conclusion by providing proper training to the replacement employees, good communication to new employees, proper planning strategy of the company before outsourcing, then users get benefited and satisfied at the end with the quality and safety product. So according to Utilitarianism, outsourcing is good and no need to compromise the quality and safety of the product. Kantian Theory Analysis: If there is drop in quality and safety of the outsourced product, the community and the users are going to suffer. Company use overseas workers at cheaper rate to accomplish the goal, the quality of the product drops. Overseas workers use as a means to an end for the company benefit. Most of the previous workers who used to work before are getting laid off. Company treated them with disrespect. So outsourcing is not good. Social Contract Theory Analysis: Company has the right to give a good quality product to the community. If there is drop in quality, the rational begins are not get benefited to the maximum level. So according to social contract theory, outsourcing is not good, as it drops the quality. It affects the global economy. People in the developed countries like US and UK tend to blame outsourcing for their job losses, low paying jobs. But offshore outsourcing is an inevitable phenomenon that has many viable benefits to the world economy. Global outsourcing helps in creating newer international markets, promotes global citizenship, helps recognize global talent and in a larger sense helps in the development of economics of all the countries taking part in it. People are more worried about job loses rather than realizing new jobs are getting created. Outsourcing is an evolution that is revolutionizing our societies and laying the foundation for a better world economy. Utilitarianism Theory Analysis: Companies exploit the cheap labor of offshore countries and cut down on man power costs, reduce operational costs and capital expenditure. The overseas workers dont get greatest happiness but in the end, the global economy rises, all the people are getting benefited. So outsourcing is good. Kantian Theory Analysis: Though outsourcing increases the global economy, the companies exploit the workers and infrastructure facilities available in the third world countries and use as a means to an end. So outsourcing is not good. Social Contract Theory Analysis: All the rational begins are getting benefited through outsourcing as it increases the global economy. So for the world benefits, outsourcing is good. An employer outsources some work to escape taxes and regulations. By outsourcing certain tasks, the companies can save money based on taxes they pay in the offshore countries. Developed countries like America and Europe have more corporate tax rate than other countries. The U.S. tax code allows American based companies to get the tax exemptions for that percentage of tax already paid to foreign countries, which is very less compared to U.S. Some companies even move some tasks to the small offshore island, such as Caymans, where they can create tax-free account and avoid paying taxes. The company uses the materials and resources of the foreign country and that helps in building small local companies and foreign country generate more tax revenues from those small local companies. In overall the outsourced company end up with paying less tax or sometimes get the tax exemption to the foreign country, because it increases the economy of the foreign country and create more jobs in that country. The U.S. companies only give tax based on their operation ac count income in U.S. Utilitarianism Theory Analysis: According to Utilitarian point of view, the companies move certain tasks to the offshore countries for tax benefits. They help other foreign countries to grow and create jobs there and also give tax to the countries based on the profit in those countries. The tax rate at foreign country is very low compared to the parent country. The parent country gets less tax revenue where as the foreign countries and the company both are getting benefited with this. So outsourcing is good. Kantian Theory Analysis: The companies create more jobs in the overseas for tax incentives. They do not invest money in their country and do not create jobs for their society. According to Kant, this is morally wrong, the companies has some responsibilities for the country. They cheat to the country and give less tax based on profit in the parent country, not the profit through overseas. Social Contract Theory Analysis: The outsourced companies give lower foreign tax rate to the foreign countries as compared to U.S. and deduct those foreign taxes on their American tax return. The outsourced company creates jobs overseas and give tax based on profit earned in the overseas, as a result the overseas countries get financially benefited. As a moral rule, if all the U.S. based companies move their business overseas for their tax benefit, then economy of the U.S. will drop, it is not right. So outsourcing is not good. Honesty in communications is at the ethical core of trustworthiness. Another problem in outsourcing is transfer of knowledge. How honestly the parent employees who are culturally removed from the company, will transfer the knowledge to the foreign employees. The offshore countries have the responsibilities to give back the quality and safety product to the company; how much honesty will exist in this process, is a question? Honest in relationship between the developed country and the foreign country is a key constraint for better and successful business. Utilitarianism Theory Analysis: According to Utilitarianism Theory, if a work is done with honest, it will give satisfaction at the end. When two countries are working together with handshaking, one should have trust with another and they should do work with honesty. If that criterion meets, then both the countries get benefited. Outsourcing is good. Kantian Theory Analysis: An outsourced company gets profit with the help of other foreign countries; simultaneously foreign country also gets profit with the outsourced work. Both should do work with honest and trust. If one country uses other as a means to an end for its benefit, then it is wrong. If there is honesty, outsourcing is good. Social Contract Theory Analysis: As a moral rule, honesty in communication required for better business and makes a better word. So in outsourcing, honesty is a key factor. Skilled and talent professionals work for other nation. Developed country like U.S. moves some tasks to foreign countries to utilize skilled and talented workers at lower rates compared to U.S. talented workers that will lead to an increase in productivity and save costs in a major way. Large number of engineers is graduating every year from India and China compared to U.S. As a result there is an oversupply of talented workers from overseas. But these foreign countries sometimes can not produce quality and challenging jobs for them at a good rate, where they get their satisfaction jobs from other developed country at a feasible rate. They leave their own countries because they are not absorbed by the economies of these developing countries and work for other nation. Outsourcing offers opportunities for talented individuals to stay at own country and work for the other country. Utilitarianism Theory Analysis: According to Utilitarianism Theory, if talented and skilled workers stay at own country and work for another country, the workers get satisfaction with their job as well as the economy of their own country gets better. At the end, even though workers drain brain for other nation, their  own nation also get benefited. Skilled workers work for other nation is good. Kantian Theory Analysis: Developed countries give jobs to talented and skilled workers overseas for their benefit in place of own talent workers. According to Kant, this is wrong because developed countries workers use as a means to an end. Social Contract Theory Analysis: Talent and skill workers get opportunities and build their career and company also gets benefited. It does not matter where these workers drain brain, but global economy increases. Restricted access to secured data for maintaining the privacy and confidentiality. Outsourced company should concentrate on core business and need specialized attention while moving some operations to the third party company. The core concern of outsourcing is to maintain the confidentiality, integrity, security and privacy of the company business. It is wise if outsourcing partner does not have adequate information security measures. As a practice of ethical rules and privacy policies of the organizations like non-disclosure of trade secrets and non-disclosure contracts with staff, third party service providers and visitors should sign the disclaimer contract. So the outsourcer feels safe to do the business with a partner who is miles away. Everyone has right to protect his intellectual property. Privacy is a prudential right. From the point of view of rule utilitarianism, social contract theory and Kantianism, it is necessary to maintain some privacy and confidentiality information to the third party company. It increases the productivity of the services. By employing more numbers of skilled and talented manpower at lower cost, company boost up their productivity. Companies produce better product at low price which increases the demand for the product and also increases revenue of consumers. In order to produce more products, workers must be hired, that results in more job creations. Companies operate on an around the clock, 24/7 production cycle, provides customer service 24 hours; which further adding productivity. By outsourcing it is possible for projects to be shuttled between multiple sites, allowing around the clock and get the tasks done in time. For an example, a team in Palo Alto spends its day to find bugs in a piece of software, then hand the bug reports to Bangalore team of India that spends its day fixing the bugs. Outsource results into better customer satisfaction and increased profitability. If we see in other way, infrastructure in less developed countries can make business more difficult, which hampers the productiv ity. Utilitarianism Theory Analysis: According to Utilitarianism, the customer gets good product in less price, which enhances the total happiness of the customer. It also creates new jobs. So outsourcing increases the productivity. Kantian Theory Analysis: By employing skilled manpower at lower cost, the company boosts up productivity which is morally wrong according to Kantianism theory, because the company uses skilled manpower as means to an end. Social Contract Theory Analysis: Outsourcing process increases the productivity of the company and also provides customer satisfaction. According to social contract theory, outsourcing is good. Conditions when the outsourced get outsourced: Outsourcing Company outsources jobs to offshore countries to get the product at a much reduced cost. To get maximum revenue benefit, offshore countries outsource some of their job areas to third offshore country to reduce their operating costs. The outsourced jobs in the offshore countries get outsourced to another offshore country because of reducing the cost of infra structure, cost of raw materials, and cost of labor. Most of the times offshore country keeps the core functionality of the outsourced jobs and outsources their non-core jobs to third offshore country for the utilization of available skilled labors. Also the offshore country outsources their jobs to get the benefit out of lower corporate tax rate of 3rd offshore country. Sometimes Supply of demands can be a factor to get the jobs outsourced from one offshore country to another offshore country. For example, developed country like America outsources mostly IT jobs to India to get a better quality product at a lower pric e. India outsources certain tasks like software testing, software documentation of those IT services to other offshore country like Philippines and other south Asian countries to get the tasks complete within very low labor cost. Sometimes Indian corporations outsource job to developing nations to meet the need for workers who speak the varieties of languages that global clients demand. Utilitarianism Theory Analysis: The business of the company spread globally. Three countries get benefited and also skilled and talented workers get good job. Sometimes own country skilled workers do not get job, this is a negative consequences. Managing the tasks is difficult as it spread to country to country. The confidential information are less secure, this gives negative impact. Total benefits is more than total harms. So outsourced get outsourced is a good phenomenon. Kantian Theory Analysis: The developed country like America outsources job to developing country like India for their benefit. Similarly, India outsources some task to a third developing country like the Philippines. According to Kantian theory, America uses India as a means to an end. India uses the Philippines as a means to an end. This is not a good idea. Social Contract Theory Analysis: The businesses of the company get distributed around the world. The Higher quality product is sold at the best possible price due to competition among possible providers of the same product. This is beneficial for the society. Poorer countries gain employment, creating jobs around the world reduces unrest and leads to more stability. For everyones mutual benefit, outsourced get outsource is good. Conclusion: Outsourcing has tremendous impact on economic growth, national security, balancing between Jobs vs. the workforce. These impacts are both positive and negative. When the business owners and BPO consultants move jobs overseas, they claim that their actions have a clear net positive. In contrast certain group of people and the community of outsourced country are adversely affected by outsourcing. It is very difficult to determine who are the ones affected by outsourcing. The jobs as well as the capital resource are transferred from developed to developing countries. As a result unemployment rate increases in the parent country and in most cases the qualified skilled labors in their own domestic land are forced out of jobs. Also people in their own domestic land are losing interest in education because of lack of skilled jobs originating in their own country. Based on various arguments and discussions from different sources, outsourcing also enhances the global economy of the domestic country and creates new jobs in the country. If we consider each key reasons of outsourcing through ethical theories, some key reasons have more moral value than the others. So it is very hard to decide whether outsourcing is good or bad.