Please read and give advice, Thanks....

[Justo]

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.

[Justo]

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 reading.

 

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.