Debate against humans being rational.. humans are irrational Coursework

Debate against humans being rational.. humans are irrational - Coursework Example Altruisms is necessarily being counted under the voluntary giving away of one’s financial resources or acting in a way which deliberately provides benefit to the other person at the cost of their own benefit. Hence in this way, humans act irrational defying the rules of the rationality. (Jensen, 2008). The expected utility model which is essential model which is based on the rational behaviors however it is not the case in all conditions. Through anchoring people are often overly influenced by outside suggestion. People can be influenced even when they know that the suggestion is not being made by someone who is better informed. (Kahneman & Tversky, 1999). Besides Expected Utility theory also do not seem to be in conformity with the rationality. The famous experiments conducted by Tversky and Kahneman suggested a revolutionary shift from the expected utility theory and clearly suggested than we humans are not essentially rational. These experiments were: Few of the surveys conducted by Stuart Sunderland widely suggest that the irrational behavior is far more widespread and is normal than the supposed. (Sutherland, 1994). According to Sunderland there are various natural phenomenon which suggest that the man can act in irrational way. There is also a growing debate among the cognitive psychologists which suggest that we act according to the principal that differ from those we ought to follow. (Stein, 1997) There is also a phenomenon called framing effect which basically outlines that we decide differently depending on how we frame the decision based on the losses and gains. (Wang & Fischbeck, 2004) This therefore necessarily does not mean that in all situations we act rationally. We don’t always seem to be behaving according to rationality. The deviation from the rationality seems to be due to Satisficing and heuristics effects. The

Administrator Challenges Essay Example for Free

Administrator Challenges Essay In modern society there are many challenges to police work. They can be very overwhelming but many grant satisfaction. It takes a special individual to be a police officer and perform the duties that are required by law for them to do. This paper will look at the satisfactions and challenges of police work on a day to day basis. One challenge that police officers face daily is the stress that accompanies the job. Many officers face very stressful and intense situations that need to be handled carefully. A police officer may face a crowd that is rioting and looting and is greatly outnumbered. He or she faces the risk of being overrun and this can be detrimental to their emotions. They may be in fear of their life because crowds feed off of each other and can become very aggressive and violent. In some instances the officer will face gunfire and this puts the officer in a life or death situation. See more: Foot Binding In China essay If the officer has to kill the subject then the officer may face Post Traumatic Stress Disorder (PTSD) and this can affect their performance of their daily duties and their personal lives. According to (Gersons, 1989) shooting incidents are a rare phenomenon in low violence police work; however, when a shooting incident occurs, the psychological impact for the officers involved may take the form of severe PTSD (Stewart,2011). There are programs that help individuals to cope with PTSD and can get help from The National Institute for Mental Health. Another challenge that our police officers face on a daily basis is the relations they have with the citizens of the community. Many members of society see the police officers as the enemy or are out to get them. This cannot be further from the truth. The officers need to know how to  communicate with the people in stressful situations. Most people do not realize that officers are called to show up at a residence and it may be the worst day of that individual’s life. Police officers communicate with people from a wide variety of backgrounds, attitudes, and preconceptions (2008). One skill an officer uses at one call may not work at another call. The officer must adapt and control the situation and use his or her training to get the facts and information from the bystanders or the victim(s). With all the challenges and stressors that come with policing there are also satisfactions that come with the job. Officers serve and protect the public. They patrol the streets to ensure the community is safe from would be offenders or to apprehend the ones that have already committed crimes. They take individuals of the streets that are a danger to society. They help people that may have a flat tire, domestic disputes, or have had their home broken in to. The officers feel satisfied when they capture the suspect and when they help people in need. When the officers are recognized for their good work they are satisfied with their job and may become more motivated to improve their performance on the job. Many strive to climb the ranks and with each promotion come more satisfaction. A career in law enforcement in itself is a satisfaction that many people do not get. Many officers do not do the job for the pay but rather the rewards that come with the job in serving and helping the community. Certain officers find it very rewarding when they can help a juvenile down the right path and to possibly mentor others from making life changing mistakes. Officers need to stay positive in their work and duties to ensure job satisfaction because it can affect the work they perform and also affect community relations as to how they see the police. Thus, poor performance can impact police-community relations by adversely affecting public attitudes toward the police (Buzawa, Austin, Bannon, 1994). In the routine of having a positive work attitude and environment it creates less stress levels and fewer symptoms of stress that can lead to absenteeism, burnout, and alcoholism. There are many reasons why people do not want to become part of the law enforcement community but there are a lot of reasons and rewards why other people feel they are being called to serve and protect. Officers face many  challenges every day from life threatening to resolving domestic disputes. They forever have a family in blue and will always share each other’s pain and satisfactions. Reference Buzawa, S. E. (1984). Determining patrol officer job satisfaction: The role of selected demographic and job-specific attitudes. Criminology, 22, 61-81. Gutahun, S., Sims, B., Hummer, D. (2008). Job Satisfaction and Organizational Commitment Among Probation and Parole Officers: A Case Study. PoliceOne, (). Police Communication: Why Does it Matter?. (June 2008). Retrieved from http://www.natcom.org/CommCurrentsArticle.aspx?id=886 Stewart, S. (2011, March). Post-Traumatic Stress Disorder and the Effect on Law Enforcement. Camp Robinson Police Department,

Downstream Linkages in the Zambian Copper Industry

Downstream Linkages in the Zambian Copper Industry Resource extraction is often regarded by governments and people of resource-rich countries as a solution to poverty alleviation, ranging from tax revenues, technology transfer, and employment creation, export enhancement to upstream and downstream linkages. Downstream linkage industries do promise the widening of employment opportunities and high foreign earnings as a result of value-addition. Western resource intensive economies such as Australia, Canada, US and the like are examples of well-managed, resource-rich economies in which the mineral sectors spurred knowledge-intensive processes, created jobs and foreign exchange earnings and resulted in spill-overs into new industrial and service sectors. The scope of downstream linkages is often considered an important determinant of the extent to which a mineral-rich nation stands to gain additional economic benefits that come with it. This explains the continuous pressure that is always mounted on mining companies by host governments to engage further in downstream activities. However, downstream activities irrespective of their location are influenced by global market dynamics and competitive elements. Therefore, in an attempt to grasp the benefits that come with downstream activities, it is extremely imperative to examine the opportunities, risks and possible ways of striking a balance taking cognizance of the global demand and supply interplay to ensure that the highest possible net positive benefits are achieved and sustained. In focus is Zambia which has been an active copper mining country since 1900s though performed poorly along the line but revamped barely in the last decade. In 1968, Zambia held an important position as a copper producer, with peak output at 815,000 ton and a 15% share of world output, but the abysmal performance of its state-owned enterprises that took over after the 1969 nationalisation resulted in a drop of output to a trough of 250,000 tonnes in 2000 (Radetzki, 2009p.182). Nevertheless, the copper industry has been revitalised with the privatization of the mining sector which occurred between mid-1990s and early 2000s. In the period 2000-2005, copper exports contributed to around half of total foreign exchange earnings, but from 2006 onwards, this share increased to 73.5% 83.2% ( Fessehaie, 2012 p.3). Copper also provided 10% of formal employment and its contribution to GDP in the last decade increased on a yearly basis, reaching 9.1% in 2009. Copper mining has and continues to be one of the largest economic activities in Zambia, comprising approximately 10 percent of GDP and more than 60 percent of exports (Wilson, 2012pp798-799). The paper therefore examined downstream or for ward linkages to copper production in Zambia by first exploring the scope of downstream linkages and examined the risks, opportunities and risks mitigation measures in the downstream sector of Zambias copper industry. The rest of the paper is structured as follows; section two introduces the background and established the theoretical framework. Section three examined the scope of downstream activities, the risks, opportunities and possible measures for risks mitigation and section four concludes with recommendation. 2.0 BACKGROUND 2.1 A Brief Overview of Global Copper Production and Consumption The global cumulative annual growth in global mine output of copper has gone through significant changes over the period 1750 to 2007. It stood at 0.8% in 1750-1800, rose to 2.6% in 1800-1850 and from 1850 and until 1900, the annual growth of copper production accelerated to 4.5%. Output expansion subsequently reduced to an average of 3.3% between 1900 and 1950, and remained at this level until 2007 (Radetzki, 2009p.182). In 2011, global copper production reached an output level of 16100 metric tonnes from 15900 metric tonnes in 2010 with a total reserves value of 690000 metric tonnes (USDSp. 49) (2012). On the other hand, growth rates in global copper consumption fell from 4.48% in the period 150-1973 to 0.65 covering 1973-1983 largely explained by the oil price shocks of the 1970s and 80s and picked up again, reaching 2.51% for period 1983-2003 (Nishiyama, 2005p..132). The period following 1990 saw a significant increase of Asia, especially Chinas share of global copper consumption , currently about 40% (ICSG) which gradual spurred up copper prices in the mid-2000s. The interplay of Chinas demand growth and appropriate timing of additions to production capacity speaks a lot about the future global trends in both production and consumption. 2.2 Overview of Copper Mining in Zambia Copper mining in Zambia dates back to the 1900s under the control of two mining companies, Rhodesia Selection Trust and Anglo-American Corporation (AAC)( Fessehaie, 2011p.16) .The industry came to be nationalized in the late 1960 and was operated under state ownership and control, a typical characteristic of mining operations in mineral exporting countries in the decades following the Second World War. The government, following years of significant losses, privatized its copper mines, which were later consolidated into the Zambia Consolidated Copper Mines (ZCCM), majority-owned by Government (60.3%), with a minority share owned by AAC (27.3%)( Fessehaie, 2011p.16). For instance, Kansanshi mine, the largest copper project in Africa is 80% owned by First Quantum Minerals Ltd and 20% by the state run ZCCM Investments Holdings which replaced ZCCM (ARB, 2012). The mining sector is regulated primarily by Act No. 7 of 2008 (the Mines and Mineral Development Act of 2008). The Zambian copper industry is not insulated from the acquisitions and mergers characteristic of the global mining industry. In 2011, Barrick Gold Corp. of Canada acquired Equinox Minerals Ltd. of Canada (USp43.1). Newshelf 1124 (Proprietary) Ltd. of South Africa, an indirect subsidiary of the Jinchuan Group Ltd. of China acquired Metorex Ltd. of South Africa and its underground Chibuluma copper mine (Metorex Ltd., 2011, p. 8). Konnoco Zambia Ltd., a joint venture of African Rainbow Minerals Ltd. of South Africa and Vale, continues with the development of the Konkola North underground copper mine (African Rainbow Minerals Ltd., 2012, p. 70). Mining companies equally undertake joint ventures in explorative activities in Zambia. Argonaut Resources NL of Australias subsidiary Lumwana West Resources Ltd. in a joint venture with Mwombezhi Resources Ltd. of Zambia set to explore in Northwestern Province (Argonaut Resources NL, 2012, p. 2). Zambias economy is heavily reliant on mining, particularly its copper and cobalt, and the mining sector makes significant contribution to Zambia exports and economic growth. Copper output rose dramatically following the copper price rise in the mid-2000s with annual copper production increased from 335,000 metric tonnes in 2002 to over 569,000 metric tonnes in 2008 (Wilson, 2012) . From 2007, copper exports contributed 73.7-80.5 per cent of total foreign exchange earnings, 10 per cent of formal employment, and in 2010 Zambia was the largest copper producer in Africa and the 7th largest in the world ( Fessehaie, 2012). Copper exports jumped from $474 million in 2000 to almost $4 billion in 2008. In 2010, the mining and quarrying sector accounted for 9.9% of Zambias real gross domestic product (at constant 1994 prices) compared with a revised 9.3% in 2009. Copper exports earnings increased by 15.5% to US $6,660.2 million from US $5,767.9 million in 2010 (Bank of Zambia, 2012, p. 23,) a nd in 2011, copper exports were valued at $6.9 billion (Mobbs, 2012 p.43.1). 2.3 Theoretical Framework The concept of linkage development in the academic discourse has its root from early works of Leontief (1936) who applied an input-output analysis to static quantity modeling (Lenzen, 2003 p.1), modified by Rasmussen (1956) for inter-industrial analysis as setting the basis for structural interdependence. In determining the key sectors of an economy, Hirschman (1958) argued that above-average linkages are pre-requisites for economic development and structural changes within an economy or a region (p1-2). Contrary to this argument, Bharadwaj (1966), Panchamukhi (1975) and McGilvray (1977) highlighted that international comparative advantages, technical and skill endowment, final demand structure are among the driving forces of economic growth and concluded that linkage interconnectedness is a weak rod to rationalising a development policy(1-2) According to Hirschman as cited in Morris et al (2012), there are three main types of linkages in the commodity sector thus, fiscal, consumption and production linkages. In his view, fiscal linkage encompasses royalties and taxes which together form mineral rents; consumption linkage entails the consumption demands of workers of the commodity sector, whereas the production linkage encapsulates both backward and forward linkages. Authors such as Sonis and Hewings (1989, 1999) and Sonis et al. (2000) in their works on the dynamics of backward and forward linkages, and economic landscapes of multiplier product matrices pushed further the arguments of Hirschman and Rasmussen (Lenzen, 2003 p. 2). The linkage thesis has been applied in a number of studies in attempts to examine the impact of mining on economies. Lenzen (2003) utilised the input-output application in his analysis of the key environmentally important factors of production, linkages and key sectors in the Australian economy and concluded without a factual basis that strong forward linkages are characteristic of primary industries like grazing and mining whereas strong backward industries characterized secondary industries (p.29). Similarly, Cristobal and Biezma (2006 p1,5) analysed the forward and backward linkages of mining and quarrying in ten EU countries to determine whether the industry constitute a key sector and came to a conclusion that the mining and quarrying industry has a strong backward link to regional economys production more than other sectors and otherwise holds for forward linkages. Though not a metal mineral, the Southern Louisiana offshores oil fields is the most apparent successful linkage ca pture identified throughout the 20th century. The ability to sustain pre-existing competition and the availability of the commodity in large quantities were largely responsible for the successful linkage capture (Freudenburg and Gramling (1998p 575-576). Moreover, Aroca (2001p 131) employed the input-output Leontief matrix to determine the impact of the mining sector on the Chilean II region and analysed the driving forces to the extent of the impact. With regards to the volume of production, his analysis indicates that the mining sector is very important but loses its importance in developing forward and backward linkages in the economy. Lydall (2009 p.2, 119) investigated backward linkage capture of South Africa platinum group metals and found different categories of supplier firms, ranging from base, medium to large able to satisfy the needs of the various PGM mines, concentrator plants, smelters and refineries. She however cautioned the existence of market-related and firm-speci fic factors militating against the growth and expansion of such linkages. Morris et al (2012 p 1-2,14) examined the underlying factors to linkage capture in the commodity sectors in low income countries in Sub-Saharan Africa with much attention on backward linkage capture and recommended for strategies to be mapped to propel industrial sector upgrading especially in commodity exporting countries. Also, Fessehaie (2012p 2,7) examined the determinants of upstream linkages to copper production in Zambia. She noted that backward linkage was growing and copper mining presents opportunities and recommended that in order to broaden backward linkage to utilize such opportunities there is the need to eliminate barriers to upgrading through an industrial policy which takes care of supplier competitiveness constraints. From the preceding literature reviewed, much attention on linkage capture studies has been directed at the backward linkage capture. The few works on linkage development in Zambia copper (Fessehaie, 2011 and 2012; Morris, 2012), the emphasis has been on the backward linkage. Therefore, the existence of paucity of studies that investigate forward linkages in the mineral sector particularly the copper industry in Zambia exposes a gap which the study aims to contribute to. 3.0 ANALYSIS AND DISCUSSION 3.1 The Scope of Downstream Activities Forward linkages encompass the establishment of downstream activities, at least processing and refining of copper ore and concentrates into primary metal, the fabrication of primary metal into semi-fabricated products and possibly, induced industrialisation. For the purpose of this study, mining ends with primary metal production and downstream activities begins with semi-products fabrication and beyond. Zambian copper industry has long history of existence but became more active and copper mine production of ore, anode and cathode increased following the privatization of the mining industry through the 1990s to early 2000s. The majority of copper ore mined in Zambia is smelted locally before being exported to foreign markets (Fraser and Lungu, 2007 Wilson). Fig 3.1 confirms that though greater share of mine output is refined locally, very less of it is used in the country. The graph covered a short period due to lack of access to up-to-date quality data. Zambias copper is mainly exported as cathode or blister, the standard forms of the internationally-traded commodity. Zambia uses less than 5 percent of its copper output to make fabricated products (World Bank, 2011 p ii). However, finished goods containing copper are mainly imported into the country. Zambia has developed a small copper fabrication industry that produces a narrow range of products for domestic use and for export to regional markets, largely informed by proximity to customers guided by profitability. However, these markets are small, and yet the industry competes with larger and more developed industries especially that of South African copper fabrication industry. Zambias fabrication industry is growing rapidly, but from a small base, led by Metal Fabricators of Zambia Ltd (ZAMEFA), a subsidiary of the US-based General Cable Corporation followed by others such as the Cast Product Foundry Non Ferrous Metals, Kavino and Central African Recycling in the scrap metal busi ness (World Bank, 2011p ii). ZAMEFA which has a domestic, regional and international market orientation produces wire rod, wire, cable, and a few other products. Its product portfolio is growing. Kavino, wire and cable manufacturer has a domestic market orientation whereas Central African Recycling is well positioned to utilized opportunities as they arise. Total number of employees falls below 1000. In 2008, Zambian mine, smelter and refined copper output in tonnes stood at 546 600, 232,000 and 416,900 respectively. The fabricated metals production sector contribution to GDP grew at an annual average of 0.2 percent for the period 2002 to 2008.(World Bank, pp 18). 3.2 Risks Associated with Downstream Activities The resource-based industrialiation that characterized the development process of resource-rich developed economies is often quoted to back resource-rich developing countries quest for resource-driven industrialisation which in their view masterminded the in dustrialiation process of some mature economies. However, the growth strategy of the Nordic countries, United States and Canada for instance did not based entirely on mineral extraction but span from a low-technology based on low-cost labour to highly sophisticated knowledge-intensive activities (Walker and Jourdan, 2003. P.30.). Nevertheless, risks, largely economic, abound alongside the potentials of further downstream activities. Downstream activities beyond primary processing are capital intensive and require less skilled labour. Guided by profit motive, firms seriously consider capital cost in securing capital to finance assets. Backed by the electronic revolution, market efficiency sets the ground for capital and skills to be deployed to most productive locations (Walker and Jourdan, 2003p 30) and countries without traditional comparative advantages like Zambia are less strategic in competing for foreign direct investment. Again, the capital intensive nature of further processing of copper questions the employment multiplier and rather breed associated risks of either expanding or contracting employment opportunities. Moreover, the fabrication industry uses 37 percent of copper that is derived from scrap metal which is limited in the country (World Bank, 2011p.iii). Therefore, importing other raw materials including scrap for fabrication may not make any comparative advantage sense in the short to medium t erm and highlights the risk associated with an uncompetitive and injudicious allocation of the nations scarce economic resources. The ability to compete and access adequate market, both regional and global to justify downstream activities on any significant scale comes with a risk. Committing resources into fabrication without any competitive market edge exposes the copper mining sector to possible collapse and the entire economy to possible shocks. This is because upon the small size of the sub-regional market (less than 1 percent) of the global total for fabricated copper products (World Bank, 2011p ii) better established firms in South Africa have captured a greater portion of the regional market. Internal demand for fabricated products is woefully inadequate and therefore, the promised job expansion, high foreign earnings and associated growth potential are easily erodible, if even attained. Walker and Jourdan, 2003p 33 noted that domestic demand was instrumental in Swedens initial resource-oriented industrialisation. Closely linked is tariff escalation that discourages exports of higher value-added products from Low Income Countries (LICs) (IMF, 2011p.16). Tariff escalation and high physical transport cost jointly further accentuate the risks to Zambian copper downstream activities. Consuming countries of copper metal and semi-fabricated products especially the newly industrializing countries and roaring developing countries of China and India, in their industrialization drive, have in one way or the other resort to restrictions in the form of differential tariffs (varies directly with the value already added) on raw materials imports for their industries. Dimaranan et al, (2006 p. 13) note that Indian policy measures in this regard include more effective duty exemptions for intermediates used in the production of manufactured exports. The high transport cost and tariffs imposed on value-added products together can cancel completely if not negate the often expectant high profits and associated em ployment multipliers. The prices for both the primary and fabricated products of the mining industry are characterized by troughs and peaks. However, the existence of terminal markets such as London Metal Exchange (LME), the Commodity Exchange Division of the New York Mercantile Exchange (COMEX/NYMEX) and the Shanghai Metal Exchange (SHME)(ICSGP.33factbook) provides mitigation to the risk on primary metal resulting from price volatilities. On the other hand, high-value added downstream products are more prone to price shocks as there exist no such terminal markets in that sub-sector of the industry. Therefore, the often envisaged employment multipliers and high foreign earnings that motivate pressure for further downstream processing places the entire economy at risk in the event of weak prices without any competitive edge. Mainstream fabricated metal products are largely low margin items. However, high level of capacity utilization and throughput is required to generate sufficient margins which are currently in non-existence in Zambian copper industry. This is largely informed by the uncompetitive and comparative disadvantages to the downstream sector of Zambian copper industry. The situation exposes the downstream copper fabrication industry to the risk of at best earning low margins. In 2008 for example, First Quantum Ltd, a leading European copper rod producer made profits of 12.2% and 49.6% from large Cap Cast Copper Rotors (CCR) rod mill and Oxygen-free High Conductivity (OFHC) rod fabrications respectively (World Bank, 2011p.13) but earned a profit of 85.4% from primary cathode production. Such low margins in fabrication gives the signals that even internationally competitive manufacturers of range of specialist copper products rather earn high margins in primary metal production. 3.3 Opportunities in Downstream Value-addition The existence of copper deposits in substantial quantities is a basic requirement for mining in the first place and possibly, further downstream processing (Freudenburg and Gramling, 1998). The existing domestic and regional market does not incentivise further copper fabricating on any significant scale, but some localised small-scale opportunities may emerge. In this regard, there may be a scope for some gradual scaling-up of existing output and/or product diversification by existing operations especially ZAMEFA and for some small-scale artisanal processing, probably based on scrap metal. Sectorial opportunities could be enhanced if the basic and mainly infrastructural bottlenecks are remedied. One of such opportunities is the World Bank support to revamp Zescos existing distribution networks in selected areas to reduce losses and improve supply quality (World Bank, 2011p.33,34). Depending on the roll-out of electrification extensions, there may be some demand for low and medium vol tage. Moreover, the global copper industry has identified a potential market which could exploit the known biocidal properties of copper in combating Methicillin-resistant Staphylococcus aureus (MRSA,) spread by its use in touch surfaces and all fixtures and fittings in hospitals and clinics. The international competitive nature of the downstream activities of fabrication limit these opportunities as well established firms are ever ready and prepared to cease any market opportunities as they arise and compete out less competitive ones. Chinas dominance in the recent global copper consumption forecloses in comparative and competitive terms, any opportunities of developing an internationally competitive further copper processing in Zambia at least, for the short to medium term. For instance, Chinese refined copper consumption expanded by an annual 15.3% in the 1998-2007 period and by 2007, Chinas share of global copper usage rose from 10.5% to 26.9% (Radetzki , 2009. P. 177) in a decade. Though very important, the geological potential does not itself guarantee comparative and competitive advantage in any appreciable further downstream processing. For instance, Chile, the worlds largest copper producer, accounting 34 percent of world mined copper output and 17 percent of wor ld refined copper output, yet its use of refined copper is less than 1 percent of the world total (World Bank, 2011.8) 3.4 Mitigating Downstream Activities-Associated Risks and the Way Forward Value-addition is critical to ensuring greater benefits and competitiveness for countries incorporated in the global economy (Mtegha and Minnitt, 2006 p. 236) hence further downstream processing should be encouraged and driven by state incentives taking cognizance of the external environment. A strong manufacturing base has to be developed if any significant expansion of copper value-addition activities is to grow. In order to grow and sustain a downstream fabrication sector and even beyond, new sources of accessing competitive foreign direct investment and the continual adaptation and innovation of technology which is critical to maintaining technological competitive edge globally are ideal prerequisites. Moreover, demand is indispensable in industrial development and therefore any effort in that regard must first address the market end of the value chain ranging from local, regional to global levels. The ability to create a clear niche advantage is required if the copper downstream activities are to undergo substantial growth. Ideally, attaining global competitiveness is the single most important driver in mitigating risks ranging from further downstream processing or fabrication. While this may possibly be a long term growth and development goal in the downstream sector, the provision of adequate energy, communication and other infrastructure coupled with the effective and judicious use of economic returns from copper mining for diversification in new comparative advantage industries would in the papers view set the foundation for any competitive industrialisation in the long run. From table 1 below, South Africa is better positioned to cease any downstream copper fabrication and market opportunities at regional level and at the global level, China. 4.0 CONCLUSION AND RECOMMENDATION The study explored the scope of downstream linkages in the Zambian copper industry and examined the risks of engaging in downstream fabrication as well as the opportunities and suggested ways for mitigating the risks. The study reveals a small and modest fabrication activity producing a narrow range of products for domestic use and for export to regional markets, largely informed by proximity to customers guided by profitability. The decision in going downstream beyond primary metal processing encapsulates political and economic dimensions hence, requires striking a balance between both dimensions. Shaping a competitive mining industry alongside conscious efforts to diversify into other industries which gradually grow to shake off the initial copper-based dependence is a policy option and at the same time revitalizing the national science, technology and innovation policy to provide the foundation for long term skills and knowledge development. Chile, having built a competitive minin g industry, diversified its economy into other competitive sectors which propelled its growth. In the short to medium term, developing a competitive copper mining industry is plausible and more realistic in comparative advantage terms while mapping out strategies to attain competitiveness from national, regional to global scales which will mitigate further copper processing or fabrication risks.

The Leader-Follower Relationship :: leadership, motivation theories

Leadership is studied and analysed so that the effective practices can be taught and applied in today’s organizations. The concept of leadership has been expanded to discuss the follower’s role in the leader-follower relationship. While leading is often considered an active role, following can have a negative connotation, especially when seen as a passive, subordinate position. However, following can be a choice, and the difference between the leader and follower is the activities, rather than abilities (Wren, p.201). An organization possesses effective followers is just as important for success as having effective leaders. Hersey and Blanchard describe this relationship as dynamic and use Situational Leadership (R) as a model for the leader’s to improve the performance of their followers. Manz and Sims describe a historical view of leader types which has evolved to view the superleader as the most effective type for our current culture. The role of the superleader is to empower followers to become self-leaders themselves. The Situational Leadership model may contain the word â€Å"Leadership†, but it is mostly about effective management practices and does not address developing the role of the follower. There is a difference between managing and leading. In Managerial Roles, H. Mintzberg describes 10 roles, grouped under the categories of interpersonal, informational and decision roles, that a manager should posses. An effective leader should have those skills as well, in addition to having an overall vision, clearly communicating those goals and motivating their followers to work towards it (Wren, p.378). Leadership is also about directing change. Without change, leadership is only management of the status quo (MacNeil, Cavanagh, Silcox, p.6). There is nothing wrong with begin a successful manager, just as there is much value to be an effective follower. The role of the follower and subordinate is very different in terms of ability and choice. Subordinates are considered passive, lacking in initiative and responsibility. The image of sheep comes to mind, where as followers are more active, and engage in more critical thinking (Wren, p.195). Robert Kelley further describes the effective followers have good self-management skills, abilities and motivation, which are exactly the same qualities apparent in effective leaders. That relationship between leader and follower is defined by the role they play, since an effective follower has the skills to switch positions with the leader.

Conclusion: Hotel and Customer Loyalty

Recommendations According to my research, brand image as direct affect customer loyalty. As a five-star hotel have a good brand image is important for customer loyalty and long-term business. Brand image also affect customer loyalty through use customer satisfaction as the medium. If you are selling to people who are willing to pay a premium price for choose your hotel, you have to have a quality in you brand. Without a hotel brand image which in some way you will get the wrong customers or in the extreme case, no customer and this will lead to you making no money and therefore no profits.After my research have clearly relationship between hotel brand image and customer loyalty. Here I will give some recommendations to hotel. The way to improve hotel brand image Hotel should pay more attention to customer’s perceived value as they would like to get affordable price, quality service for the product and service they pay for. To attract more customers, hotel can have regular VIP or member customer’s appreciation activity. Hotel also can have advertising campaigns with a consistent theme. Brand image is not fixed in customer’s heart.It is changed every times, such as this time stay in this hotel have new feeling of brand image take over before brand image in customer’s heart. Thus, it still has some ways to improve hotel brand image. 1, First impressions which hotel give customer is important. The hotel has prominent logo with fresh color and sample design. When customers fist time see that can easy to memories. As simply speaking, human nature dictate that people will often substantiate their first decision or impression by focusing on the positives and even overriding or blocking out any negative points.Hotel needs customer fist time to confirm their brand image. Hotel brand image should be based on what their customer expects. Hotel brand shout speak to their market in a way that they like to be spoken to. Hotel need to define their b rand fonts, color, and logo shape appears. For example the Shangri-la hotel, they said that Our ‘S' logo, which resembles uniquely Asian architectural forms, suggests majestic mountains reflected in the waters of a tranquil lake†. All these little things together will create a highly successful brand image for a five-star hotel. . Brand values are very important to improve a brand image. Creating a predefined set of values is extremely important in getting hotel brand to work. Decide which values apply first and foremost to hotel business. For Shangri-la hotel, they give the slogan is â€Å"a luxurious sanctuary for the discerning traveler†. For this sentence, not only give a promise to their customer, but also as a standard for hotel staffs. These also can instantly be able to convey to your clients how hotel operate. It will be a useful way for hotel to improve their brand image. 3.The aim to highlight the benefit such hotel can provide quality service to custom er and put it on the forefront of any marketing. This is what they’re most interested in. How will spending money with hotel benefit. According to research data analysis shows that customer think the most importance element when they choose a five-star hotels is product quality. Then hotel should highlight their quality at any marketing activity and advertisement. This means that hotel have set out why customers should choose your hotel and therefore why customers shout pay your price. 4. Hotel can share their business growing with their customer.They can put the hotel growing history in their web side. The time will come where hotel business grows to a size where hotel brand image no longer accurately reflects and how much customer have stayed in this hotel, how long time the brand have created. At this point it’s worth looking at re-branding. It can get customer approved. Let customer feel that he joins the hotel growing and feel kind with your hotel brand image. 5. Differentiate yourself from your competitors. Nowadays have many different five-star hotel brand image. How to let customer can memories your hotel brand?Everything from the vocabulary your use to the tone of your advertisements and the color and shape of your logo should be distinctly yours. The customer can easy find the shining point from your brand and live a deep impression in their heart. Your hotel brand image can give the different feeling to customers. Therefore, in order to create a successful brand, marketing managers should be more devoted on building brand image, customers’ satisfaction and customer loyalty as the most important parts of branding strategy. By strengthening and maintaining the brand images will hopefully position the brand positively in the customer mind.The target market of Five-stat hotel From research, the majority of customers are middle age and the purpose is for business or leisure. It also shows a high personal income to support five-star h otel consumption. Thus, hotel should pay more attention to male, middle age customers who are 40-49 years old, and consumers who have a diploma or degree and who and high personal income for increasing market share. Look at the guest database and define your target market and desired amenities. Developing a business plan for an existing business or conducting a feasibility study for a new venture requires a through analysis of market conditions.The correct target market is importance for success a hotel business. We can know that hotel need to focus their target market at middle age group people. List the business goals for your hotel. For these group customers, hotel need to know what is they pay attention to when they stay in a hotel. It is advisable to improve hotel meeting facilities, room facilities and quality service. Making pointed references plan for business and leisure and give many meeting or leisure package to customers. Improve customer loyaltyAccording to the research data analysis, brand image and customer satisfaction affect customer loyalty. As a hotel, improve customer loyalty from these two aspects. From literature review and analysis we understand that customer loyalty is important for a hotel operation and market. First of all, to improve customer loyalty need to focus on brand image. A good brand image is conducive to get more customer loyalty. Hotel finds the correct way to improve brand image, therefore the customer loyalty will increase. The customer loyalty is directly proportional to how good brand image in customer’s mind.On the other hand, is having customer satisfaction. To get customer satisfaction, hotel should provide good service, high quality facilities to let customer feel is worthy of expense their money in your hotel. Hotel also can do some regular customer research to get fresh feedback information about customer satisfaction and can timely find problem and vulnerabilities then solve it. Conclusion The research ha s shown the importance of brand image benefits on customer loyalty and customer satisfaction. The finding supports H1, the five-star hotel brand image is a direct path.For H2, brand image is also a factor that significantly affects the customer satisfaction then finally effect customer loyalty in five-star hotel. For H3, the positive hotel image increase customer loyalty in five-star hotel. Based on my research results, hotel brand image is as a determinant of customer loyalty in five-star hotels. The hotel brand image also affects customer satisfaction and customer satisfaction has strong impact on customer loyalty. With regard to satisfaction and loyalty, it is important for five-star hotels to measure customer’s satisfaction in order to analyze their product or service image performance.Hotel satisfied customers are willing to recommend their branded hotel product and service to others as well as having the intention to purchase their product and services in the future. Th e research findings of this study showed that hotel brand image plays the most important role in creating and maintaining customer loyalty in five-star hotel industry markets. As a five-star hotel have to specifically focus on these factors in order to build a long-term and mutually profitability relationship with customers. Hotel also needs to create loyalty as competitive advantages in the market.To identification of five-star hotel brand image benefits of their branded product and service will help to establish effective marketing strategies. Marketing managers should consider the roles of hotel brand image in creating customer loyalty. The brand image target in hotel business is the target customers of the brand. Nowadays, the customer oriented marketing theory requires an enterprise to take customer satisfaction into account when making decisions and establishing brand image. Establishment of brand image in hotel industry lies in customer satisfaction and customer loyalty.Hotel need to improve internalize the value of brand image. Establishment of brand image in hotel industry is to firmly establish a brand image basis. Therefore, when the core value of brand image spreads to customer will the brand image in the hotel business is clearly established in the bran of the customer. This research endeavored to help hotel marketing practitioners better understand the key drivers. Creating and maintain customer loyalty in a highly competitive market. The important point of brand image in hotel industry is the customer benefit brought by brand.When the brand positive hotel brand image was aggressively improved, the hotel business would be able to in maintain their current customers and loyalty. Truly loyal customers are manifestly satisfied. With the five-star hotel have a positive image towards the hotel. Therefore, hotel should always strive to ensure that their customers are very satisfied and improve their hotel brand image to get more customer loyalty. The s econd of limitations of my research is that data quality can be compromised via a number of potential routes, such as cultural and other type of bias.We all have biases, whether we are conscience of them or not. Bias is when a place, things or person is viewed or shown in a consistently inaccurate way. It is usually negative, though one can have a positive bias as well. During my research, different people have different opinion about brand image and customer loyalty. So, it must be acknowledge that is a kind of limitation in my research. The sample was collected from a group of consumers in certain area Malaysia. Future research need to extend to diversified samples in order to ensure the full applicability to other settings in this model.Future research In future I plan to continue to work on analysis about marketing; research could use a different design to examine the causal relationships posited by the theories, such as relationship quality or marketing mix which is 4Ps to expl ore other antecedents on hotel industry customer loyalty. It also continues my research will be conducted in other industry, such as transport industry, club med industry or casino industry. In addition, for my future research plan can focus other different countries or different global regions. It till can focus on a limitative group person.

What Is ‘Creativity’ and How Can It Be Assessed?

Creativity refers to intuitive solutions that are of genuine value. A characteristic seen as most desirable, linked to problem solving and expertise (Garnham and Oakhill,1994). Additionally, Weisberg(1993) believed intended originality is involved with creative thinking. Despite its difficulty to define, creativity has been studied in diverse disciplines, often in conjunction with intelligence testing. According to Mooney(1963), the study of creativity arises from 4 perspectives; creative people, creative processes, products of creativity and creative places.The psychometric approach attempts to predict creative achievement and identify the products of creativity. Several established tests have been administered to creative people, to explain differences between intelligence, as measured by IQ and creativity tests. Guilford(1956) derived a hypothesis regarding this difference, differentiating between convergent and divergent thinking. Convergent thinking seeks to find the correct ans wer to specific problems, a strategy for solving most well-defined problems.Conversely, divergent thinking requires flexibility and originality, leading to many possible solutions which aid solving ill-defined problems. Guilford identified the process of divergent thinking as important for creativity, since involving indirect and productive thinking. However, research has indicated only slight correlation between performance on divergent thinking tasks and other measures of creativity.Additionally, its mixes creativity with intelligence or originality therefore is difficult to establish. The autobiographic and biographic approaches focus on the products of creativity. Unlike above, assumptions that intelligence and creativity correlate are ignored, as they are based on observation. Wallas(1926) proposed a four stage account of creative insights. Beginning with; perception, preparatory work on a problem; incubation, internalisation of problem into the unconscious mind.Followed by the most crucial stage, inspiration, the solution begins to appear in conscious awareness, in the form of flash of insight. Intimation occurs, feelings of the solution about to emerge; sensitivity is crucial in order to avoid distraction. Finally, verification is when the solution is applied and elaborated, ensuring the problem is solved. Wallas considered creativity to be a legacy of the evolutionary process, allowing humans to adapt to rapidly changing environments. What Is ‘Creativity’ and How Can It Be Assessed? Creativity refers to intuitive solutions that are of genuine value. A characteristic seen as most desirable, linked to problem solving and expertise (Garnham and Oakhill,1994). Additionally, Weisberg(1993) believed intended originality is involved with creative thinking. Despite its difficulty to define, creativity has been studied in diverse disciplines, often in conjunction with intelligence testing. According to Mooney(1963), the study of creativity arises from 4 perspectives; creative people, creative processes, products of creativity and creative places.The psychometric approach attempts to predict creative achievement and identify the products of creativity. Several established tests have been administered to creative people, to explain differences between intelligence, as measured by IQ and creativity tests. Guilford(1956) derived a hypothesis regarding this difference, differentiating between convergent and divergent thinking. Convergent thinking seeks to find the correct ans wer to specific problems, a strategy for solving most well-defined problems.Conversely, divergent thinking requires flexibility and originality, leading to many possible solutions which aid solving ill-defined problems. Guilford identified the process of divergent thinking as important for creativity, since involving indirect and productive thinking. However, research has indicated only slight correlation between performance on divergent thinking tasks and other measures of creativity.Additionally, its mixes creativity with intelligence or originality therefore is difficult to establish. The autobiographic and biographic approaches focus on the products of creativity. Unlike above, assumptions that intelligence and creativity correlate are ignored, as they are based on observation. Wallas(1926) proposed a four stage account of creative insights. Beginning with; perception, preparatory work on a problem; incubation, internalisation of problem into the unconscious mind.Followed by the most crucial stage, inspiration, the solution begins to appear in conscious awareness, in the form of flash of insight. Intimation occurs, feelings of the solution about to emerge; sensitivity is crucial in order to avoid distraction. Finally, verification is when the solution is applied and elaborated, ensuring the problem is solved. Wallas considered creativity to be a legacy of the evolutionary process, allowing humans to adapt to rapidly changing environments.

Was Thomas More a medieval, essays

Was Thomas More a medieval, essays Sir Thomas More was an Englishman who lived from 1478-1535. During that time period, he was a well revered and respected man, a chancellor of England who served under Henry VIII. He his most known for two acts; the writing of his book Utopia, and for dying for what he believed in. More was also a Christian Humanist, many of which now view him as a martyr of their cause. Based historical facts, and actions he took, More can be considered more of a rather modern man than a medieval man. Luthers ideas and reforms on Christianity were in direct conflict with the Catholic Church. These ideas, reforms, and thoughts on faith was the spark plug that started the Protestant Reformation. Luther began his career as an Augustinian Monk in the Roman Catholic Church. Consequently, Luther was initially loyal to the papacy, and even after many theological conflicts, he attempted to bring about his reconciliation with the Church. But this didnt last long because Luther waged battle with the papacy. Luther was to become a theologian. This is where he wrote the Ninety-Five Theses. It is usually considered to be the original document of the Reformation. Basically, this document exposed all the wrongs of the Catholic Church from indulgences to immoral behavior of priests. When Thomas More wrote his book, its name showed people how he felt on the subject. He called it Utopia, which means literally nowhere. Why would More write a book on an ideal civilization, and call it nowhere? Most scholars believe, that he was trying to show the people of his time how far they were from an ideal society, and at the same time implying the hopelessness of the human race to ever achieve a Utopia. He deemed it A good place which is no place. Mores book dealt widely on the faults of mankind, and almost nothing with religious aspects. If More was truly a medieval man,...