Historically, the purpose of business was defined as generating as much profit for shareholders as possible. However, given numerous negative externalities created by business and the impact businesses have on their other stakeholders, this definition of a business corporation is limiting and no longer correct. Profit and wealth are great motivators for individuals and businesses, but measurement of success cannot be simplified into “the bottom line”; thus, profit should not be the sole…
to take initiative and recognizes them for their accomplishments,” Dan Gilbert stated when talking about the company’s environment (Quickenloans.com). Some of the company’s top competitors in the mortgage lending market include Lending Tree and Wells Fargo Home Mortgage Inc. As a result, Quicken Loans has to adapt to the competition within the environment in order to stand out and succeed. With that being said, those are not the only environmental factors that affect Quicken Loans. Economic…
Question #1 Response: As a Project Manager for the Los Angeles Parks Foundation from 2012 to 2014, I implemented over $4 million in public-sector capital improvement projects. This involved drafting requests for proposals, contractor and subcontractor agreements, right of entry permits, and contract completion statements. One of my main responsibilities was to perform regular on-site inspections and ensure compliance with our contract performance standards. In addition to my regular site…
When they arrived and went into the barracks, “I must have been smiling because the drill sergeant told me to get down and do some pushups because ‘we aren’t happy here.’” This leads me to assume that the drill sergeant stereotype is well-founded. The drill sergeant also told them that basic was going to be the, “fastest eight weeks of your life.” When they went to eat, my grandpa shared that, “the cooks told us ‘You have three minutes to eat, and two minutes are up.’” So they ate as…
Nerd about Sports Everyone 's a nerd when it comes to something, whether you like it or not. It may be something technology related or just if you lack being social or interactive with people. Everyone has their interests. When it comes to me, I would say I am a nerd about sports. I am always studying the game. Trying to find a way to get better any way possible. This obsession has some strange twists behind it. Sports are a way for me to relax and take my mind off of other things. They make me…
Maxx Fargo, ND. In the beginning of June, all store associates went through an annual performance review conducted by the store’s assistant mangers. To handle the store’s performance reviews the three assistant managers divided the store associates up, on who…
at night. In this situation you may be in a rush or feel no need to stop, but these reasons do not justify running a stop sign. Sure, no one is looking but professional responsibility relates to things that you do when people are not watching you as well. However, I did not always think this way about professional responsibility. Coming into the semester, I always thought about things in the short term. I would have ran a stop sign at two in the morning and attempted to justify this decision…
In order for a place where more than two people live laws need to be establish, or anarchy is more likely to happen. Our country since it was found laws where put in place for this same purpose. However, since population has grown since the 1700’s hundreds not only new laws have been created, but how in who enforce them has also changed. The first agency created to keep the order in the land was the sheriff’s, and they have still countywide jurisdiction. The law enforcement executive chief…
Wealth and income inequality is the greatest threat to organizations and workers in the 21st century. According to Thomas Piketty, wealth and income inequality is when “r>g, the rate of return on capital is greater than the rate of growth in an economy” (Piketty and Goldhammer, 2014). This leads to a slowdown in the countries growth, gross domestic product. According to the OECD, “Rising inequality in the two decades after 1985 shaved 9 percentage points off the UK growth between 1990 and…
It's Sunday on a cold evening in mid-March. While others are freezing their buns outside, you're sweating out a possible heads-up victory in your fantasy league that will ensure a playoff spot. All of your opponent's players are done and you've got Kevin Durant facing a leaky Kings defense that's already scouting their latest lottery pick. Your fantasy team is already up 5-4, but can claim two more categories if KD can pour in 35 points and 2+ three-pointers. Here's the dilemma. You live in…