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Thread: Please read and give advice, Thanks....

  1. #1
    Dare To Dream
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    Please read and give advice, Thanks....

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    The desire of corporations to maximize profits creates conflict with the general welfare of the nation at large.

    Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons and/or examples from your own experience, observations or reading
    .

    The old age debate about the conflict between capitalist corporations and their
    conflict with the welfare of nations is still topical. I believe that there are
    pressing arguments for the fact that the maximization of profits by corporation
    is in harmony rather than in conflict with the general welfare of the nation at
    large.

    First and foremost it should be mentioned that governments should be at the
    forefront of the peoples welfare and are therefore tasked with making sure that
    corporations together with the population and other sources contribute to the
    pool of welfare. Having said that, one can therefore argue that, where a
    government has set up the necessary framework for corporations to be taxed
    accordingly, the corporations will contribute their fair share to the general
    welfare of the nation notwithstanding their desire to maximize profits.

    It is sometimes said that the existence of "sweat shops" is one of the
    disadvantages brought about by the desire to maximize profits. I believe that in
    these instances it is the governments themselves, overzealous to bring about
    employment, that fail regulate the work conditions thereby failing to ensure that
    proper conditions are maintained and people well compensated. It is also
    worth mentioning that the buyers of goods (being the nation at large) can force
    the corporations into maintaining good standards by not buying the goods of
    exploitative companies.

    It is evident from the discussion above that where a government and the
    general populace play their part in regulation and ensuring compliance, the
    desire of corporations to maximize profits can coexist in harmony with the
    desire to maintain the general welfare of the nation.

  2. #2
    Dare To Dream
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    Hi guys,

    I've posted another essay for comment. Please, any comment is much welcome....

    Thanks.

    Seniority (years of service) should not be the basis of employee compensation. Employees should be promoted and given raises solely on the basis of their work performance and merit. That is a better way to encourage high productivity.

    Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons and/or examples from your own experience, observations or read
    ing
    .

    Companies are faced with the problem of using the correct proportion of tools
    such as salaries, performance bonuses and promotions to keep their staff
    motivated and hence retain them. There arise a question whether seniority or
    work performance should be used as the basis for employee compensation.
    The following arguments will assert my position that seniority should be the
    basis for compensation.

    Let me start by clarifying that I believe that seniority should be the basis for
    compensation only to the extent that the skill set and work functions of the
    employees in consideration are similar. The main reason why seniority should
    be the basis for compensation is that this leads to a clear organizational
    structure in the workplace and juniors will be willing to take orders from their
    superiors without feeling that they are more important than their
    superiors.

    Secondly where junior employees are compensated better than their seniors
    for work performance reasons, the senior staff may lose morale because they
    feel less important and hence they may not be able to provide the necessary
    support and guidance to their juniors.

    It cannot be disputed that excellent performance has got to be rewarded in
    order to keep staff morale high and to encourage innovation. This can be
    achieved by compensating high performers through bonuses while keeping
    basic salaries and promotions dependant on seniority.

    It can be concluded from the discussion above that seniority should be the
    basis for compensation. It is assumed that seniority almost always translates
    into better performance and better managerial skills. In instances where a
    superior is constantly outperformed by his juniors then it may be clear to the
    company that they have to let go of that employee.
    How can you get it if you never even try?

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