Parlement of Paris under Louis XV

The period of the reign of Louis XV is characterised by the significant public, judges, and parlements’ opposition to the monarch’s government and to the proposed policies and laws. The opposition can be explained from several perspectives. Thus, the judges did not consider the regent and Louis XV as powerful leaders because their economic and political reforms ended as the great losses for the country.Advertising We will write a custom critical writing sample on Parlement of Paris under Louis XV specifically for you for only $16.05 $11/page Learn More Furthermore, the role of the judges in the state was restored during the reign of the regent, but the fact only complicated the situation, making the opposition more obvious. From this point, the opposition against the reign of Louis XV and the associated policies was based on discussing the monarch’s reign as weak with references to the unsuccessful financial policies and to many inef fective diplomatic decisions with references to the results of the European wars. The government of Louis XV implemented two ineffective financial policies which made the country’s economics stagnate, and they even led to the decline of definite industries. Moreover, during a long period of time, the French economy depended on inadequate taxation policy. The first attempt to improve the financial situation within the country was associated with the implementation of John Law’s experiment which ended with the significant inflation. The next attempt to change the approaches to the country’s finances was the focus on the fiscal policies. The policy was implemented after the Seven Years War and provoked worsening of the economic situation with references to the newly increased taxation (Swann 1995). The opposition was inevitable. One more reason for developing the opposition is the inability of the government to propose the effective strategy and policy to contribut e to the country’s reputation and progress. The participation of France in the Seven Years War did not add to the country’s reputation or status, but it weakened the potential and all the country’s resources, leading to the economic and social instability.Advertising Looking for critical writing on eastern europe? Let's see if we can help you! Get your first paper with 15% OFF Learn More Moreover, the situation was not improved because the judges, as the main opposition force, questioned the authority of the monarch and his decision (Swann 1995). Thus, they did not support any reforms proposed to gain the economic and political balance within the country. However, it is also possible to assume that the opposition was significantly based on the ideological wars which were typical for France during the whole period of the monarch’s reign. The status of Unigenitus was one of the most controversial questions associated with the ideological and r eligious lives of the country. Thus, the role of opposition against the government of Louis XV can be discussed with references to the activities of the Jansenist representatives and to the fact of the Jesuits expulsion in 1764 (Linton 1995; Swann 1995). Nevertheless, the ideological wars had less significant effects on the further development of the country in comparison with the financial and diplomatic failures. Thus, much opposition to the government of Louis XV depends on the general weakness of strategies and policies used by the regent and monarch in order to rule the country. In spite of several years of stability achieved by the monarch’s ministers, the reign of Louis XV is characterised by the loss of the country’s international reputation and internal power. The end of the monarch’s reign is also associated with the opposition movement which became the real challenge for authority and led to the dramatic changes in the country’s politics. Refer ences Linton, M 1995, ‘The rhetoric of virtue and the parlements, 1770-1775’, French History, vol. 9 no. 1, pp. 180-201. Swann, J 1995, Politics and the Parlement of Paris under Louis XV, 1754-1774, Cambridge University Press, USA.Advertising We will write a custom critical writing sample on Parlement of Paris under Louis XV specifically for you for only $16.05 $11/page Learn More This critical writing on Parlement of Paris under Louis XV was written and submitted by user Demetrius Huff to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

monetary policy Essay

monetary policy Essay monetary policy Essay Analyse how monetary policy might be used to influence the level of Australia’s economic activity. Monetary policy is the Reserve Bank’s use of changes in interest rates to influence the level of the money supply and economic activity to achieve the basic economic objectives. This involves stability of Australia’s currency, maintenance of full employment and the economic prosperity and welfare of Australians. More importantly, the Reserve Bank of Australia’s approach to monetary policy is based on the achievement of an inflation target between 2 to 3 per cent. The main instrument of monetary policy is Market Operations (DMOs) whereby it involves actions by the Reserve Bank to buy or sell second- hand government securities (CGS) in the official money market to influence the cash rate. This, in turn, may dampen or enhance economic growth. The cash rate is the interest rate in the official money market. In order to reduce economic activity, the RBA will increase interest rates through the use of a tightening monetary policy. This will involve the RBA selling securities in the official money market which is comprised of banks with exchange settlement funds. The RBA will offer a high yield in order to retrieve excess funds from banks, which ultimately reduces the supply of cash in the official money market. As a result, cash rate will rise, forcing banks to push this cost onto their customers through increasing interest rates to remain profitable. Consequently, changes in interest rates will affect the level of economic activity, however these impacts are unlikely to be immediate as articulated by Philip Lowe in 2010, â€Å"It takes time for changes in monetary policy to have their full effect on the economy.† Employing a tightening monetary policy to increase interest rates will be effective in discouraging consumer spending whilst enhancing the level of savings within an eco nomy as obtaining loans become increasingly difficult. Interest rate changes can also affect the value of assets Consumers will also be more inclined to make mortgage and debt repayments rather than spend. Accordingly, aggregate demand and economic activity will decrease allowing for the achievement of government objective regarding the maintenance of economic growth between 3-4%. Evidently, the rate increases of 0.25% in May, August and November 2006 were intended to keep economic growth on target and reduce inflationary pressures. A rise in interest rates will additionally lead to significant capital inflow through attracting foreign investment which may lead to the appreciation of the Australian dollar and a decrease in the global competitiveness of its exports. On the domestic scale, however, higher interest rates result in a decline in business investment levels as firms tend to save their income rather than purchase capital when the cost of servicing debt rises and cash flows decline. Despite lowering inflation, reduced aggregate demand will consequently contribute to a decrease in income levels and reduced employment growth, as part of the transmission

Intermediate Macroeconomics Coursework Example | Topics and Well Written Essays - 1000 words

Intermediate Macroeconomics - Coursework Example (c) Calculate and graph the ratio of each of real residential investment, real non-residential investment and real inventory investment to real GDP. How do these components rank in terms of variability? Provide some explanation. 2. Consider a consumer who maximizes a utility function that depends on leisure and consumption, and who is subject to a budget constraint. The government imposes no tax on workers on wage rates up to a certain number of hours worked. Beyond this number of hours the government imposes a proportional tax rate. 4. In the Solow model, suppose there is government spending G=gN where g is fixed, and N is the number of people, and S=s(Y-T), where T=G. Show with a diagram that there are two possible equilibria, but that only the larger is stable. What is the effect on growth rates of an increase in s? 5. Suppose that part of people’s time is taken up with a given level of childcare, so that this cuts into leisure and working time. Suppose now that government raises lump sum taxes to pay for this itself. From a consumer’s perspective, assuming that wages are unchanged, what will be the effect on the consumption/leisure tradeoff? A parent who stays home to care for his or her children receives home production value for providing the service; a parent who works and hires a caregiver must pay the caregiver for the service. In the absence of a deduction for child care costs, payment for nonparental child care is made with income on which tax has been assessed. Thus a parent who pays for child care must earn more than the caregiver’s payment, before taxes, to pay the caregiver. Home-provided child care is â€Å"paid for† by forgoing untaxed wages, so the cost of home care is less than the cost of a hired caregiver. Making child care expenses tax-deductible would lead to greater social efficiency by eliminating this difference and

Creating and capturing value through corporate p ortfolio management Coursework

Creating and capturing value through corporate p ortfolio management - Coursework Example In this case, the ability to have effective strategies and approaches in managing their running costs and increasing their particular value chains goes a long way in increasing business’ competitive advantages. Despite the uncertain existing business environment, organisations in the modern times have remained to face mounting pressure in the process of creating effective and reliable innovation in order to grow, expand and remain successful (Bonham 2005, 27). In this case, technology has seemed to be the most reliable aid, helping organisations to develop various aspects of value addition and qualitative elements in the products and services they develop. Additionally, business organisations in modern times are supposed to ensure that they effectively maintain their costs and other operational efficiencies, something that pause a serious challenge especially as far as economic challenges that keep changing affects business practices. It is important to ensure that as the business prepare to grow and take on the increasing opportunities in different countries with globalisation; many are faced with inadequate abilities as far as portfolio management resources and practices is concerned (Brentani 2004, 51). Businesses are currently involved in various practices that can increase their abilities to undertake effective portfolio management, with the aim of creating effective competitive advantages and increasing their market share. This paper examines the process of effective portfolio management as undertaken by General Electric, an American company, a multinational conglomerate that deals in various aspects of energy, capital finance, technological infrastructure as well as different kinds of industrial and consumer products and services. General Electric, often abbreviated as GE is a multinational conglomerate that has an America origin, with its headquarters in New York City at the Fairfield, Connecticut (Wald 2011,

Air Pollution Essay Example | Topics and Well Written Essays - 1750 words

Air Pollution - Essay Example This is to the extent its obliteration could extend to affecting our lives in return though in diverse ways including causing cancer. The topic highlights how depositing of varied contaminants in the atmosphere ends up altering the state of air, hence affecting humanity in diverse ways. Depositing in this case not only is it possible through human activities but also natural means like vulcanicity, which based on studies so far conducted these eruptions comprise of HFCs as well as other significant Cl2 quantities. Besides other contaminants, these two agents there severity is worse because they take long before they attain their respective inactivity stages. To date, diverse environmental scholars including scientists through their studies have relayed how varied contaminants by have increasingly yielded to current extent of air pollution. Hence, contributing to worsening of climate change evident in the way varied current incidents are unexpectedly occurring. For instance, rising of sea levels, increased temperatures as well as augmenting prevalence of skin cancer as a result of ozone layer depletion. Recent studies contend early deaths currently experienced globally that approximate to 600,000 their core causes are linked to air pollution (Copenhagen and Haifa, 2015). Hence, prompting states especially in Europe incur economic cost of about $1.6 trillion while trying to manage air pollution related maladies as well as other varied health predicaments (Copenhagen and Haifa, 2015). This is despite states and respective global authorities pushing for the implementation of effective policies known to reduce this kind of pollution. One of this policy of summit whose core intention was to reduce depositing of contaminants in the atmosphere was the today’s famed Kyoto protocol, which some of the super powers declined to append their signatures. Hence, leading to the current increasing rate of air pollution due to competition especially

Interrelationship Between HRM and an Organisation

Interrelationship Between HRM and an Organisation INTRODUCTION The aim of this assignment is to examine the interrelationship between Human Resource Management (HRM), an organization and its environment. This essay will cover four main topics which will be discussed in detail. First part is The Strategic HRM with reference to Armstrong and Long (1994). Second part is Policies and practices with reference to Devanna, Fombrun Tichy (1984). Third part is challenges in human resource planning and fourth part is stages in planning process. Human resource management is defined as a tactical and coherent approach to the group of an organization’s most cherished assets; the people working at hand who individually and collectively contribute to the accomplishment of its objectives. Boxall et al (2007) illustrates HRM as the management of job and people en route for desired ends. Strategic HRM is an approach that explores how the organization’s goals will be achieved throughout individuals by means of HR strategy and incorporated HR policy and practices. Strategic human resource management â€Å"Strategic HRM addresses broad organisational concerns relating to changes in structure and culture, organizational effectiveness and performance, matching resources to future requirements and the management of change. Overall it will consider any major ‘people’ issues (Armstrong and Long 1994) Pak and save is best known as a supermarket retailer for grocery goods in NZ. It believes that they have a variety of employment policies to make certain that their workforce is as representative of the wider community.(Bized.co 2012) For changes in structure and culture employees usually has several options of employment including part time, flexible contracts for retail employees, job share, enhanced maternity leave/pay, paternity leave, special leave for personal development. (Bized.co(2012).It may be well argued that in many cases the human feature is over and done in relative to how they deal with people, leaving most employees unhappy creating a high staff turnover which harms organisational performance. It is then a great importance that individuals as opposed to just workers want to be managed in a way that dependable with broad organisational requirement such as effectiveness. Mainly organisational efficiency relies on they’re being a fixed ‘fit’ amongst human resource and business strategies. Overall strategies illustrate the general intentions of the association about how individuals must be managed on which potions must be taken to make sure so that as far as possible workers are dedicated, inspired and occupied. All operations regard quality as an important part whereby customers find is easy to judge the operation. As far as customer satisfaction is concerned, the empirical findings demonstrate that most of respondents are satisfied with the overall level of performance of their most preferred supermarket while others are neutral and dissatisfied. Department managers and staff are accountable for the way they communicate and conduct business within the organization. It engages the staff in learning and training techniques to improve their own management skills to meet up the everyday challenges of the working environment. Matching resources to future requirement for Pak and save is by keeping communicating support to employees. The employer develops clear goals, expresses the company’s commitment so that staff can work hard and achieve them, it assigns responsibilities such as training job analysis etc to designated staff members to achieve their set goals, and it ensures that assigned responsibilities are fulfilled. Also it provides appropriate resources for future. Management of change is adapting of knowledge to increase its capabilities. In order to keep Pak and save competitive it has to adopt strategic changes. It enables the organization to widen their services and provides the customers diverse options. It enables the customers to derive information about various products and services. Policies and Practices The formulation of HRM policies and implementation of personnel practices and procedures must be based on fundamental philosophies of controlling behaviour and employee relationships. Often referred to as the original model of strategic HRM the ‘matching model’ developed by Devanna, Fombrun Tichy (1984) shows how HR policies and practices are inextricably linked to the formulation and implementation of strategic corporate or business objectives. This model emphasises the need for ‘tight fit’ between HR and business strategies but also recognises the role of external forces and environmental circumstances in determining just what an organization’s mission and strategies might be. HRM is a top-level activity concerned with setting board directions and strategies. In this model planning is used. There is logical approach to the plan and organization of HR systems based on an employment policy and staffing strategy often underpinned by a philosophy. HR policies and activities are matched to some explicit business strategy. The Michigan model shown recognises the external and internal forces of HRM as a triangle. Management decides the mission and strategy, it designs the organisational structure to meet the strategy and mission, and integrates and organises HRM to fi t in with the structure and to fulfill the mission and strategy. The mission, strategy, organisational structure and human resource management cannot operate in isolation. They also need to respond to the external forces of politics, economics and culture. Once these have been taken into account, managers can commence to plan the human resource system. The Michigan model is based on strategic control, organisational structure and systems putting place for managing people. (Blog spot 2012). It explores the need for human assets to be managed to achieve strategic goals. Motivation and rewards are important but only as a means of achieving the organisational mission and goals. Economic forces that affect Pak and save are income, inflation, recession and interest rate. Political forces are either positively or negatively depending on the existing circumstances in the country. It mostly forms the outside factors which are a fraction of the macro-environment which controls the ability of individuals. Cultural forces are dealing with different ethnic groups of people for example like in Pak and save we deal with all kinds of races like asian, polynesian etc. Mission and strategies is the description of what the organization does. Every staff member’s actions in Pak and save express the mission statement by the behaviour and attitude in action. Organisational structure of any organization will vary upon the size and type of business. In retail store (Pak and Save) creates a variety of divisions for every particular function along with many layers of management. It has employees consisting of a manager, assistant manager and sales associates. An organisation operating ‘hard’ HRM would aim to have a rational fi t among the organisation’s strategy, structure and HRM systems. The management style would see employees as a means of achieving business goals, and employees would be valued only if their worth had a positive effect on business strategy. The hard model of HRM is much closer in its philosophy to free market thinking with the use of hiring, fi ring and cost-cutting to ensure that the human resource is fully utilised. Challenges in human resource planning Human Resource Planning (HRP) could be expressed as a procedure by which the organization ensures the right number of people and right kind of people, at the right place, at the right time doing the right things for which they are recruited and positioned for the accomplishment of goals of the business.(Mullick.H 2013). It is a procedure of deciding what positions the firm will have to fill up, and how to fill up them. (Mullick.H 2013).It also determines HR needs of the organization in the context of its strategic planning. Human resource planning is a continuous process. According to Dale S Beach (2013) â€Å"Human Resource Planning is a procedure of determining and assuring that the business will have an satisfactory quantity of skilled people on hand at the appropriate time, performing jobs which meet up the requirements of the enterprise and which give satisfaction for the people involved†. Some of the challenges of HRP are firstly, Economic and Technological Changes which is shift jobs for developing and to examine industries and telecommunications, pressures of global competition cause firms to adjust by lowering costs and rising production, growth of information technology (Thomson Business Professional Publishing.(2005). Secondly, Workforce Availability and Quality which is insufficient contribution of employees with required skills for â€Å"knowledge jobs†, education of workers in basic skills. Thirdly, Growth in Contingent Workforce which is Increases in short-term employees, independent contractors, leased workers, and temporary staff members caused by necessitate for flexibility in recruitment levels, greater than before trouble in sacking usual workers, reduced legal accountability from contract workers.(Essays.com 2013) Fourthly, demographics and diversity Issues which are more diversity of race, gender, age and ethnicity. Fifth, balancing Work and Family such as dual-career couples, single-parent households, decline in the â€Å" traditional family†, working mothers and family/childcare, single employee â€Å"backlash† against family-oriented programs. Lastly, Organizational Restructuring, Mergers, and Acquisitions which is â€Å"Right-sizing†Ã¢â‚¬â€eliminating of layers of management, closing facilities, integrating with other organizations such as Intended results are flatter organizations, increases in production, quality, service and lower costs, expenses are survivor approach, loss of employee loyalty, and turnover of priceless workers. HR managers must work in the direction of ensuring cultural compatibility in mergers. Stages in Planning Process Human resource planning is a strategy for the acquisition, utilisation, improvement retention of an organization’s human resources.(Scribed Inc 2013).It is the procedure of analyzing and identifying the requirement for and accessibility of human resources so that the business can meet up its objectives. There are six steps in this approach: first is strategic business plans .The organization’s mission and strategies form the foundation for all human resources planning. By analysing the strategies and plans managers gain a clear view of the organizations directions and to be able to find out what type of organizational skills and proficiency are essential to achieve strategic goals and planned targets. Relation to Pak and save supermarket uses strategies to attract attention of consumers and to increase the sales. Different techniques are implemented so that they can achieve the goals and managers are being guided by the store manager on how planning has to be done prio r to the activities. Secondly, human resource requirements the organization must plan how it will organize and manage the work involved. Whether it is necessary to change the structure of the organization and how the workload can be distributed. This stage involves job design, job analysis and person profiles. For example in Pak and savethe store manager instructs the department managers on their duties and the managers assign their department staff member’s duties. On checkout department, my manager instructs on which shifts I should be working and tells in detail on how the job should be done. Thirdly human resource availability – The supply side of the equation requires equally carefully analysis. It involves the assessment of the organisations current human resources stock and the prediction of movement likely to occur in future. For example in Pak and savethe stock is ordered before a day so that shortage doesn’t arise and by having available stock all the time makes customers happy to do shopping rather than discouraged to come in store. For future it shows a positive view for the customers and the job is secured for the staff members. It is the estimation number and value of customers necessary to gather future desires for the business. Fourthly, assessment of human resources needs is comparing human resources needs with existing resources is at the heart of HR successful planning. It covers internal and external sources of supply.Fifthly action planning which involves planning of organizations current human resources and its future needs which are preparations of new organizations charts, job descriptions, and job evaluations, development of remuneration management plans, performance appraisal, career development and counseling activities. Sixthly, implementation and monitoring Implementation and monitoring – The planning effort can be wasted if the resulting plans aren’t carefully implemented and monitored. HR planni ng however is not a static or one time exercise. It is a continuous process which requires constant checking and adjustment as circumstances and needs change, at the quantitative level, supply and demand forecast should be updated from time to time. At the quantitative level there is need of checking required so that the recruitment selection, development and training, retention activities and downsizing plan. Conclusion The aim of this assignment has been to investigate the connection between the function of an organization’s HRM within its wider strategy. This essay argued that the development of strategic HRM in the literature is a clear indication and also provided a literature review of specific areas for developing strategic approach to HRM. Reference Armstrong, M and Long, P (1994) the Reality of Strategic HRM, Institute of Personnel and Development, London. Bized.co(2012). Sinsbury Case Study. Retrieved from http://www.bized.co.uk/compfact/sainsbury/sainsindex.htm?page=15 Blog spot.com (2012). Michigan model. Retrieved from  http://paulooliveiramartins1967.blogspot.com/2012/11/unit-1-michigan-model.html Dale.S.(2013). What is Human Resource. Retrieved from http://www.whatishumanresource.com/human-resource-planning Fombrun, C., Tichy, N., Devanna, M. (Eds.). (1984). Strategic Human Resources Management. New York: John Wiley. Mullick.H(2013).Human Resource Planning. Retrieved from  http://www.slideshare.net/HARENDRA_MULLICK/human-resource-planning-10503057 Rudman, R. (2000).Human resources management in New Zealand.(4th ed.).Auckland, New Zealand: Pearson Education New Zealand Limited Scribd Inc. (2013).Human Resource Planning. Retrieved from  http://www.scribd.com/doc/37546102/Human-Resource-Planning Singh, S (2013). Human Resource (handout). Auckland, New Zealand: Aotearoa Tertiary Institute: Diploma in Business. Thomson Business Professional Publishing.(2005).Nature of human resource management. Retrieved from  http://www.cob.sjsu.edu/virick_m/bus150_slides/Ch1.ppt Retail.com(2013). Organisation. Retrieved from  http://retail.about.com/od/staffingyourstore/a/organization.htm?vm=rvm=r UK Essays.com(2013).The Current and Future Conditions of HRM Management. Retrieved from  http://www.ukessays.com/essays/management/the-current-and-future-conditions-of-hrm-management-essay.php

What is Art? Essay -- Essays Papers Definition Arts Artistic

What is Art? What a question! This very same topic has been on the minds of many great people for many years. Just what exactly is art? Art is a form of expression. It is beautiful, ugly, tasteful, distasteful, impressionistic, realistic...you get the point. Art is everywhere. It lives in the soul, mind, and even the heart. Art is an outlet for people to express themselves. Art is a way for the human mind to express itself. Even a loud, outgoing person has feelings that they do not feel comfortable sharing with people. These expressions often come out through their art. What is classified as art? Besides the obvious?paintings, drawings, architecture, etc?Art can be dancing, singing, acting, etc. It can be pretty much anything that expresses an idea. Even something as common as speech is art. Everyone speaks with a different voice, and each voice is a piece of art. Art surrounds us. It is encountered so often that often we don?t realize art when we see it. All too often we ignore art. We overlook the ideas and thoughts behind it. Anyone can look at a painting and say ?Wow! That?s beautiful!? How many of us can actually stop and say ?Wow! Now I understand!? Art is around to teach us. We can learn so much about ourselves and the world around us. Many times we create art without a conscious reason. We believe that we are just making a pretty picture. Usually we are expressing a subconscious idea. If take the time to actually analyze and criti...