... five years, it caused quite a stir. When the Fed decides the economy is growing at too quick a pace, or inflation is getting out of hand, it can take actions to slow spending and decrease the money supply. The Fed does this by selling securities on the open market. This, in turn, reduces bank's reserves and forces the interest rate to rise so the banks can afford to make loans. People seeing these rises in rates will tend to sell their low interest assets, in order to acquire additional money, they tend move toward higher yielding accounts, also further increasing the rate. Soon this small change by the Fed affe ...

... have their problems. Maybe drug or family, but we hardly ever catch a glimpse at this side. One of the people that I see living the great American dream would have to be Will Smith. I feel that he is living the dream because it seems as though he has it all. Hit movies, hit cd's, a beautiful wife, a beatiful child, money and lots of it, and health. The main reason though that I think he is living this dream is because he was voted the number one nicest actor on and off the set. This would be a great title to be given. I would be honored if I was voted this. He is an inspiring actor because of this. He is a great ro ...

... addressed were pay equity, the value of human resources, unity versus diversity, fostering innovation, and Global sensitivity. Now, I don't dispute that these are challenges that we as human resource managers are going to face in the upcoming years but I think that the technology revolution, AIDS, downsizing or outsourcing, and sexual harassment are going to be bigger challenges. The first item that senior human resource managers felt a challenge was pay equity. Specifically, high executive compensation compared to the wages paid to regular employees. It will be a challenge to manage the whole compensat ...

... coal producers in the United States. The company is very interested in the environment and more than half of the company's reserves are of low sulfur coal. Chevron's latest accomplishment is geared towards capturing much of the oil reserves waiting to be found in Russia. Before the fall of the Soviet Union in 1991, Chevron had nearly signed a deal with the government to buy Tenghiz, the biggest oil field to become available in twenty years. Hug reserves of oil, approximately 250 billion barrels, were waiting to be taken from the earth. After the uprising in Russia, Chevron feared that the deal would be off. Fortu ...

... du Pont was a student of Antoine Lavoisier, the father of modern chemistry, and when he came to America he brought some of the new ideas about the manufacturing of consistently reliable gun powder. His product ignited when it was supposed to, in a manner consistent with expectations. This was greatly appreciated by the citizens of the growing nation, including Thomas Jefferson, who wrote thanking du Pont for the quality of his powder, which was being used to clear the land at Monticello. Many other heroes of early America owed their success, and their lives, to the dependable quality of DuPont's first product. ...

... which open this year will fail within the first 12 months of opening their doors. The same conventional wisdom also suggests that about 50% of the remaining restaurants will fail in their second year of operation and another 33% in the third year. This means that if 100 new restaurants were to open this year, 50 to 80 would fail before their first anniversary. That would leave 30 restaurants open in the year two. Half of these 30 would subsequently fail in their second year, and a final third of those remaining would fail in their third year. As a result, there is about a 90% compound failure rate over th ...

... of this somewhat adversarial relationship, corporations and labor have developed strategies to strengthen their positions. One of Labor's main defenses is to organize in unions. The existence of unions can be an effective method of gaining a position of strength, especially when dealing with power corporations. Depending on the size of the corporation, they might have the power to employ methods which are difficult for the workers to prevent or counteract. One tactic used by corporations to reduce labor costs is the utilization of “sweatshop� labor. A sweatshop is a manufacturing facility that operates b ...

... at times, there are simple measures a company can take to make the process easier on the laid-off employees and those who survive with the company. - STAGES OF DOWNSIZING - The downsizing process can generally be broken down into three distinct stages. The first stage is called the diagnostic stage. In this stage, management staff pulls together and determines the amount of costs and expenses that need to be reduced, and how much can come out of layoffs (Moore 49). This stage usually takes about two to three months to complete. During this time, the upper management reviews all financial records in ord ...

... 5.2%, while the Canadian rate has and still remains at 9.4%, with a current rate of 9.7%. This substantial difference in Canada's unemployment rate can be attributed mostly to the safety net which the government provides, including generous payments of unemployment insurance and other social services; but also to the high payroll taxes; and the under performing Canadian economy. There is no single reason for the persistent gap in the unemployment rates of Canada and the U.S., but rather a combination of the above factors. "No society can be flourishing and happy, of which the far greater part of the members are p ...

... one's ability to influence other people. One study found that people dressed in suits versus people dressed in casual or working-class clothes actually affects a subject's likelihood of answering a question correctly. In this study, a person dressed in a suit had a 77% percent chance of getting money returned to them, while those dressed casually or in working outfits had a 38% chance (Bickman, 1971). This study suggests that a person's status affects how well they are received by the person they are trying to influence, and thus their likelihood of being able to influence them into buying an idea or product. ...