Poverty and Economic Devastation in Jamaica Essay

Poverty and Economic Devastation in Jamaica - Essay Example This essay analyzes not only positive changes that independence gave to Jamaican people, but also the negative role of multinational corporations, that was foreseen as early as 1776 by the father of Economics, Adam Smith. In his ground-breaking book, â€Å"Wealth of Nations† that was discussed in the essay and set the foundation for the field of modern Economics, Smith wrote that corporations would eventually work to cleverly escape the laws that govern the market, they would narrow the competition, raise their profits and try to meddle with setting of prices and control of trade. Such negative role of the corporation in the country's history happened in Jamaica as well. amaica’s problems began in 1962 when it secured independence from England. This essay focuses on effects of struggling economy that is characterized by chronic debts, illiteracy, and an ancient medical system. The researcher describes that the country badly needed finance to address its problems and app roached private banks, but only got the cold shoulder treatment. The researcher also describes Jamaican government policies on social topics and refers to cultural features of modern Jamaica and it's citizens through examples such as movies, books on the topic of economic devastation and poverty in the country. The Rastafari movement, that emerged as a platform to fight local poverty and disenchantment also is mentioned in the essay. In conclusion, the researcher hopes that proper boost in tourism can generate much needed revenue to Jamaica and its beleaguered citizens.

Research on Ford Manufacturing Paper Example | Topics and Well Written Essays - 2000 words - 1

On Ford Manufacturing - Research Paper Example Effective employee management is the most critical factor for organization’s success. This paper evaluates some findings at the multinational automobile giant, Ford Motor Company, in terms of employee performance and team structures. In this process, an attempt is made to understand the relation that exists between the two, if any. A short research will be conducted based on literature on Ford Motor Co and a case will be built to identify what could be the potential obstacles towards better performance and employee motivation. Further, this paper tries to establish that conflicts among teams members and between teams can affect performance at individual, team and organizational levels. These conflicts can also affect employee motivation and performance, which can be restored with effective leadership and appropriate organizational practices. 1.1 The Ford Motor Company: Ford Motor Company is an automobile producer, founded by Henry Ford in 1903 and has multinational presence. The automotive operations at Ford involve designing, developing, manufacturing, sales and servicing of cars, trucks and other automotive parts. Ford Motor Co revolutionized its operations and business by making ‘quality’ its main focus and adopted Total Quality Management approach to improve quality as well as reduce costs and wastage. The company has its presence all over the world, with its main manufacturing units based in many parts of the US, some parts of Europe and Asia Pacific (Ford Motor Co., n.d). Ford Motor Co is known for the concept of Fordism, which Siegel (1988) explains as the systematic control of all stages of accumulation from producing raw materials through marketing (cited in Jessop & Sum, 2006; p.59). This management concept yielded huge success to Ford during early 20th century. With changing markets, capitalistic structures and advent of other mass production techniques, Fordism was transformed from an