Australian Economic Review Essay Example for Free

Australian Economic Review Essay The calculation of poverty lines are published in the year 1987 and latest in the year 1996. (Australian Economic Review) Melbourne Institute analysis of poverty states that as per the year 2005, June first quarter, household disposable income per head stands at $477. 73 per week. View on Australia poverty states that there are 340,000 unemployed people and nearly 800,000 children are growing in jobless families (ACOSS). Payments for unemployed people are very low as just $200 per week for a single parent / jobless people continue to live in poverty. Poverty is evident in Australia due to various reasons such as single-parent families, inadequate education for people in families, unawareness of career opportunities and computer technology or lack of opportunities for employment or under development in suburban areas of Australia where people are not utilizing the resources of job opportunities or disinterested in advancing ahead with good standards of economic living, for all these reasons, in a macro perspective, G8 summit was focused on poverty all over the world. Poverty is prevalent all over the world, where it is quite apparent in some parts of the world and unseen in other parts of the world although the problem of poverty is persistent in gripping the lives of people. It is important here to define ‘poverty’ for clear understanding and demarking the poverty line. Widely accepted definition poverty states that â€Å"an enforced lack of socially perceived necessities†(ACOSS) which means that people are disabled or have deficient money flow to buy enough food, pay rent and stay in a good accommodation, good clothes, lack of clean water and electricity for non-payment of government charged bills which otherwise drive people to compromise and adjust with whatever comes in a way either by choice or by chance and compels to stay satisfied. Alleviation of poverty is a long-term process and mostly it is recurring in several states. In order to completely eliminate poverty, strong laws of social welfare and status of living standards must be construed in order to ensure economic growing of living as a whole in all nations particularly in Australia as this paper discusses. A thorough study and survey, research must be made in order to conclude and identify the ground reasons of poverty. ACOSS view on Australia poverty states that, firstly it is required to raise the income levels of people which will help parents and children to the process of thinking in making good opportunities and also offers satisfaction and comfort in living. Families with low education get placement in lower cadre jobs which carry low salaries, which otherwise emphasize that good and appropriate education is much more important to draw a bigger pay to meet the challenges of life style and family needs. This can never be reversed at any point of time. In Australia there are 11. 3 unemployed people who are not holding even a high school certificate as compared with 3 per cent of people who have a bachelor degree. This would further leaves greater impact on children such that, if 15 per cent of children are doing well whose parents have completed 10 STD, 44 per cent of children are outstandingly doing well whose parents have completed university education. This point clearly indicates that parents need good education, good job, good pay which in turn would help to lead children into a greater success areas. This cannot be achieved by a community or a societal organization whereas from the ground level, the work must begin i. e. from federal government and politicians who have to work hardly in bringing an efficient industries, developing infrastructure and creating employment areas and encourage people to advance in career and education for betterment of economic growth and also in satisfying the basic requirements of its people. In fact, for all governments of all nations, people and meeting the needs and basic demands must be its priority with the fact that, without people’s happiness, there cannot be healthy and prosperous nations. There is a huge gap between rich and wealthy people and poor people, which means that wealthy people continue to expand riches whereas poor and needy people continue to live in deteriorated poverty which is unacceptable and should not be encouraged keeping the future generations of children. A study of UNICEF confirms that Australia has 56. 2 per cent of children who are living with solo mothers which provides a fact that, how difficult it is for single mothers to make a status for living and in settling children. This is further confirmed by Australian Democrats, â€Å"Overall, the results demonstrate that unemployment continues to be a major cause of poverty in Australia and that employment only provides an escape when it comes in the form of a full-time job. Because many of the new jobs created over the last two decades have been either part-time or casual, they have not been sufficient, by themselves, to protect workers and their families from poverty†. (Peter Saunders of Social Policy Research Centre )

oil :: essays research papers

It is easy to see why DWI would like to consider Iraqi oil reserves for its exploration, drilling, refining, and transport. Iraq has become a popular country for there oil. Over the past decade since the 1991 Gulf War, many companies from over 12 countries have been signing deals to develop the Iraqi oil reserves, as part of the limited United Nations "Oil-for-Food" program. Many of these companies were from Russia and France, and both countries keep their Iraqi oil concessions for financial reasons. (ABC News) More than a fourth of Iraqis surveyed described themselves as being poor and 96 percent said they receive monthly food rations under the public food system set up through the â€Å"Oil-for-Food† program. The median income in Iraq was equivalent to about $255 (366,000 dinars) in 2003 and decreased in the first half of 2004 to about $144 (207,000 dinars). (Report paints grim picture of Iraqi life) This could be a little misleading for some. You may see numbers like this and feel investing some new business could be very helpful, yet many security issues are a major factor. Security continues to be the number one concern of the Iraqi Government and the international business community. The security situation in Iraq remains serious. Theft and violent crime persist in Iraq, and the potential for attacks against U.S. citizens and facilities remains high. Roads and other public areas can be dangerous for conspicuous foreign travelers. Law enforcement is limited, although Iraqi police units continue to be trained and deployed. (Oil connections) DWI’s current oil division is successful with Siberia, and South China Sea. At this time I feel that more research and time should be considered before investing too much money and personal into the Oil of Iraq.

Toyota Quality Management

Name of organization Toyota Motor Corporation (TMC), commonly known as Toyota in the stock markets. Japanese Toyota is multinational automaker headquartered in Toyota, Aichi, Japan. The company was founded by Kiichiro Toyoda, as a spinoff from his father's company, Toyota Industries, to create automobiles. In July 2012 the company reported that it had manufactured its 200 millionth vehicle. Background/overview of organization Size of company – 300,734 employees worldwide as of 2012 Type of industry Automotive Manufacturing Product or service – Largest automobile manufacturer in the world. Brief synopsis of Quality management processes Toyota quality control, in the strict business sense, with monitoring the means of production to ensure that the finished product meets a certain standard. There are number of different elements that are important for the control quality that which includes the skilled management, knowledge of the production process, and the motivation and eagerness of the workers at all levels. In general, Toyota makes sure that the quality of automobile remains the standard across the board in the manufacturing that involves the assembly line. Quality control is the general process that seeks out to bring together a wide variety of factors which helped to meet the standard set by Toyota. Introduction to the Problem Identify the Quality Issues that need to be addressed Vehicle recalls, November 2009 through 2010, Toyota recalled more than 9 million cars and trucks worldwide in several recall campaigns, and briefly halted production and sales. National Highway Traffic Safety Administration (NHTSA) regarding the defective accelerator pedals issues in which in early 2010, Toyota paid the fines without an admission of wrong doing. The U. S. NHTSA, and Japanese Ministry of Transport have been involved in the investigations with the driver error or pedal misapplication was found responsible for most of the incidents. This included sticking accelerator pedals, and pedals caught under floor mats. Through the years Toyota Motor Corporation has seen major growth throughout their timeline hierarchy. Toyotas growth can be attributed to Toyotas company orientation and that is recognizing the consumers demands, having the right products in place to meet these demands. Opportunities Since Toyotas massive vehicle recalls, Toyotas management implemented new initiatives that included equipping all 2011 and future vehicles with Smart Stop Technology, and enhanced event data recorders. Toyota also launched a training center that will be utilized just for quality training, and training team members in customer first practices. These initiatives and training will evolve Toyota Motor Corporation back on top as the leading quality car manufacturer. Toyota is taking an approach to what it calls performance-based facilities management (PBFM). PBFM is facility management with a twist, were the focus will be on more what needs to be done, then leaving the decisions to the employees that are doing the work. This will allow Toyota to spend more time looking at the strategic planning as opposed to the micro-managing what the company has done in the past. Throughout the years Toyotas Total Quality Management (TQM) has been its strength year after year, winning numerous quality awards. Along with quality, Toyota pioneered their own lean system called Toyota Production System (TPS) which identifies and reduces/eliminates waste and variance in processes. Managing product quality was Toyota Motor Corporations claim to gaining market share over other U. S. car manufacturers but recently, during the last few years, Toyotas product quality has been somewhat dismal with over 5. 3 million vehicles recalled since 2009 and 2010 due to safety issues. Possible Quality Management Initiative Lean Principles – Today, Toyota is not so much focused on automobile production like it was back in the 1970s. Instead Toyota is focused on creating a continuous and uninterrupted flow in operations. Thus, for many of their processes, they are continually striving toward a target condition of a single or one-piece flow, sometimes known as make one, move one. Where this can be achieved, work-in process are naturally reduced and velocity is drastically increased as a result of the single-piece transfer batch size. Managing Quality – Quality is an integral focus of operations management. Quality offers companies a way of enhancing their competiveness and strategic position in the marketplace. Recently, with more and more companies accepting the importance of quality, it has become both an order qualifier and, if lacking, an order loser. Product quality was Toyota Motor Corporations claim to gaining market share over other U. S. car manufacturer but recently in the last few years the product quality Toyota hung their hat on, shattered like broken glass, and in order for Toyota Motor Corporation to regain 75 plus years of quality excellence, that was shattered these last few years, Toyota needs to recognize that it once again need to qualitatively improve on its supply chain management processes.

HUMAN RESOURCE MANAGEMENT ASSIGNMENT - 3474 Words

Gaizka De Rotaeche CIB00001JJ 610 - HUMAN RESOURCE MANAGEMENT ASSIGNMENT. Case Analysis: Enterprise Rent-a-Car. By Gaizka De Rotaeche June 2014. Gaizka De Rotaeche CIB00001JJ Gaizka De Rotaeche CIB00001JJ SECTION 1: Human resource management, Business environment and Human resource planning. LO1 a b (26 marks). Question 1 With the support of relevant examples from the given case: a) Define personnel management and human resource management, and discuss TWO major differences between the two concepts. (6 marks) b) Analyze TWO potential external business environment challenges faced by Enterprise Rent-a-Car and their implications on the Company. (10 marks) c) Based on the challenges analyzed in Question 1b), above,†¦show more content†¦c) HR Planning and Process For the Technological challenge described in item b), above, the Human Resource Planning and Methods suggested would be based in external human resource suppliers. Enterprise has an organizational need to add a department which primary task would be to manage all the communications between the vehicles‘ tracking systems and have all the data updated real time for customer enquiries and monitoring. Enterprise also needs someone to maintain all the systems and software. To be able to achieve all this a lot infrastructure and investment is required, so the solution is to externally recruit a company that provides this services, after evaluating few candidates. For the Social challenge described in item b), above, the Human Resource Planning and Methods suggested would be based in internal human resource supply. The personalities of the staff will be evaluated, the most charismatic one will be appointed as the leader of the Enterprise Social Club, NZ Branch. This Club will be self managed by the staff, promoting interaction, understanding and tolerance between the employees. A local venue will be selected for gatherings, parties and any social event that involves the company. Gaizka De Rotaeche CIB00001JJ Conclusion The purpose of the question was to determine why and how important HRM is,Show MoreRelatedAn Assignment On Human Resource Management8731 Words   |  35 Pages AA Hamilton College HND in Business Unit 21: HUMAN RESOURCE MANAGEMENT Submitted by: Name: Ana Maria Vasile Group: B9 ID: 23243 This assignment focus on analyzing human resource management in two companies: Tesco and Sainsbury which are in retail industry. It will highlight key area: human resource management, motivation, employment low. 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