Tuesday, January 28, 2020

Impact of Corporate Social Responsibilities

Impact of Corporate Social Responsibilities Corporate Social Responsibilities as the culture of Foreign Investor There are many reasons that attribute and would attribute to the failure, some being corporate social responsibility concept being new in Tanzania whereby majority of corporate or organisational employees, management included and civilians have not thoroughly understood the gist of the concept. Only corporate or companies that mostly implement corporate social responsibility (CSR) are foreign-oriented who bought shares in the companies through privatisation of the public sector and Foreign Direct Investment (FDI) which support each other in facilitating sale, acquisition, take overs and monopoly of business depending on techniques and tactics applied or that would be executed to accomplish investors or shareholders, board of directors, management of an organisation, mission, objectives and goals. Organisational operating philosophy and work culture could either substantiate sustainably or fail completely. Relationship marketing which is a process of creating, maintaining , and enhancing strong, value -laden relationship with customers and other stakeholders. So far, transaction marketing is part of the larger idea of relationship marketing. Beyond creating short-term transactions, marketers need to build long -term relationship with valued customer, distributors, dealers, and suppliers. They build strong economic and social ties by promising and consistently delivering high -quality products, good service, and fair prices. Increasingly, marketing is shifting from trying to maximize the profit on each individual transaction to building mutually beneficial relationships with consumers and other parties. Marketing Network Infact, ultimately, a company wants to build a unique company asset called marketing network. A marketing network consists of the company and all its supporting stakeholders, such as customer, employees, supplier, distributors, retailers, advertising agencies, mass media and others with whom it has build mutually profitable business relationship. Increasingly, competition is not between companies but rather between whole networks, with the prize going to the company that has build the better network. The operating principle is simple. Build a good network of relationship with key stakeholders, and profit will follow. Further, competitors reactions flow a set of reaction policy or a flesh analysis of each situation.  [1]  Marketing occurs when people decide to satisfy needs and wants that customer can obtain a desired object. Exchange is the act of obtaining a desired object from someone by offering something in return. Thus, exchange allows a society to produce much more that it would with any other system.  [2]   Not all transactions involve physical direct money. In the broadest sense, the marketing tries to bring about a response to some offer. The response may be more than simply buying or trading goods and service. Marketing consists of actions taken to obtain a desired response from a target audience to some product, service, idea, or other object. Nevertheless, customer satisfactions depend on a products perceived, performance in delivering value relative to buyers expectations. If the products performance falls short of customers expectations, the buyer is dissatisfied and risk of losing him or her money also arise, threatening business investment potentiality and well being. If performance wins expectations, the buyer is satisfied. If performance exceeds expectations, the buyer is delighted. This is why corporate social responsibility going together with Marketing and the Events and Promotion activities in many organisation. Their duties are kind of the same mainly to build the brand awareness and build reputation in a given situation. Outstanding marketing companies go out of their way to keep their customer satisfied. Satisfied customers buy again, and they tell others about their good experiences with the product. The key is to match customer expectations with company performance. Smart companies aim to delight customers by promising only what they can deliver.  [3]   Marketing and Industrial Activities Marketing as a link between societys needs and its industrial activities, is also a function that adjusts the organisations offering to the ever- changing needs of the market place. It is an external sensor of the organisation that provides its adaptations and growth. Problems, such as high and persistent worldwide inflation, material and energy shortages, economic stagnation, consumerism, environmentalism, increased government regulation, changing consumer life styles, and under marked public sector needs. Marketers have to find solutions to these problems that reconcile corporate profitability, customer satisfaction, and social responsibility. Besides, problems are also opportunities. Still marketing plans, shape and interact with other corporate or organisation plans. However, societal marketing concept is among four alternative concepts under which business and other organisations can conduct their marketing concept, it is a management orientation aimed at generating customer satisfaction and long -run consumer and public welfare as the key to satisfying organisational goals and responsibilities. The underlying premises of societal marketing The main mission of the organisation is to create satisfied and healthy customers and to contribute to the quality of life. The organisation constantly searches for better products and services defined in terms of appeal and benefit to consumers. It is ready to promote benefits that are in consumers interest even if not in his or her mind. The organisation eschews those products that are not in the best interest of the customer. Consumers will sense and patronise those organisations that demonstrate concern for their satisfaction and welfare. Other alternative concepts under which business and other entities operate their marketing undertakings are product concept, selling concept and marketing concept which of late has been revised into or replaced by the human concept, the intelligent consumption concept and the ecological imperative concept.  [4]   Nonetheless, making a distinction between passive and active strategies is essential. Passive investment strategy regards market prices of products and services as fairly set, rather than attempting to beat the market by exploiting superior information or insight. In contrast, and active investment strategy attempts to achieve returns greater than those commensurate with the risk borne. The sustainability of relationship marketing through social responsibility could mainly depend on resource components strategically considered worth strategic action implementation to achieve and enhance competitive win-win advantage, vision, mission, objectives and goals in whatever culture of investment operations, strategy development and market place. The issue in question in not the merit of the agenda itself, but rather how and to what extent it relates to the development affairs in general. The impression that it only takes quantifiable objective to ensure sustainable development is a common as it is over blown and the idea that tripartite comprising government, business, community and general society or public, focus on long-term beneficial objectives to all parties despite profit difference that will accrue as net safely is justifiable. However, corporate social responsibility has been operative some decades ago in developed countries, likes one of the United States of America. In the case of Tanzania the concept is not much known by various native societies and general public. To mostly, Tanzanian, it is understood as a helping facility to the needy to easy certain difficulties facing some people at a particular area. In most cases, the CSR is extended by corporate mostly banks, mining sectors ,cellular (mobile) telephone service providers, breweries and soft drinks processors. Almost all the latter three industrials sector sponsor games and beauty pageantry. The sponsorship is almost publicity winning and advertisement. The corporate role and responsibilities to society are provided to the needy especially in the rural areas after much lobbying and sometimes, to secure the services unless a god father or good mother politician or senior government officer has been involved in the lobbing for various reasons, mostl y political to ensure his or her political ambitions in high government office or constituency are sustained and safe without such support the ambitious politician risk losing influence and political power and other hidden interest the person or group could have and whose easy channel to process successful would be through political channels. Corporation sake to win Political favours In other instances, the corporate themselves for the sake of winning political favours for their business undertaking they prefer to help disaster stricken areas such as flood and hunger hits constituencies and where school mostly primary school teaching and learning aids are insufficient, therefore, just to easen the problem would facilitate either some desks or text books depending on the learning institutes need sought for. Most of the societies that benefit even during tragic times are those whose native members have high office in government and political ruling party, else it cumbersome to secure it for various reasons, some of which could be corporate internal weakness to communicate policies to all levels of its employer from top management to the bottom, and from bottom to the top(top-bottom-bottom-up communication) else traits of nepotism and corruption could be existing within corporate lines of operations and functionalities. Such weaknesses are attributable to board of d irectors and senior management. Business ethics have to be considered and given due weight in all cases; however, difficult it could be in certain instances. Besides, ethics conflicts can arise when what might be best for company is wrong morally or professionally.  [5]   No law Binding CSR in Tanzania Another attribution to the ineffectiveness of corporate social responsibility in Tanzania, is the country having no law -binding or guiding on corporate social responsibility, however a bill has been prepared by the government of Tanzania for enacting a law on the matter. The Parliament of the United Republic of Tanzania enacts the law while the President of the Republic either assents or not. If not assented, it doesnt become a law. Once assented it will be part of business law that governs the conducts of people and organisation engaged in business. So far, apart from what have been explained above, there are other many ways on how business and society interact. The majority of them are through direct sales and purchase of goods and services. On business law, major areas include antitrust, business organisation, bankruptcy, contracts, uniform commercial code, consumer protection, product liability, intellectual property, securities regulation, taxation, employment, real estate and insurance.  [6]   Social Investment Programmes by various Industries Corporate organisations are trying to support the society the do business with in different ways. Below are some of the organisations discussed in the case of Tanzania. In case of Stanbic Bank Tanzania, what they consider as a support to the community is only 1% of their post tax profit of the year. The rate of post -tax profit allocated to corporate social investment is fixed by the management. But what is this support for, they only building a class, supply of books, help in eradication of Malaria, and support orphanages.  [7]  The resources provide does not satisfy they need of the of the community as its only for the wishes of the bank and its only for a short time period and not long -term development of the community. The aim of the Stanbic Bank on other perspective is to gain brand awareness or brand equity building in the community. I can say this as regards to the profit gain by the bank while knowing that the money is coming from the Tanzanians who are doing transaction on daily basis. Also, I have not seen a bank going back to the society and keep supporting them after the first attempt. They normally go only once and later they go to another area without bother the previous development of the society. When these Corporate Bank doing social responsibilities support to the community, they call the media for them to be published on the newspapers and on the televisions station intentionally for publicity. I see directly their strategy is to marketing the company more than support the development of the community. However, other bank likes CRDB Bank Limited they introduce School Bus project for Primary School in the Dar es Salaam City. The project was launched by Mr. Mizengo Pinda- the Prime Minister of Republic of Tanzania, starting with five buses only. The project will be running by (UDA) Shirika la Usafiri Dar es Salaam for the students who are in need of transport to and from the school in the city.  [8]   This is fine I can see, but the issue is that, the bus need to have services and other maintenances now and then. Does the CRDB Bank aware of this concern for the future? Do they have a plan of 3-5 years maintenance expenses for the school buses? If yes, does the CRDB bank plan to increase the services to other areas as for now is only few routines considered. There is need of 50 buses to and from school for the student to cover the chaos they face on their daily transport said by the UDA General Manager, Mr Victor Milanzi at the launching ceremony held at Karimjee grounds in the city last year.The answer to the questions is not clear as most of the community project are their for the purpose of advertising the specific organisation and not having permanent programs for supporting the society as a whole. Authority should ensure sustainability of the project, effective and efficient management, and ways to increase the number of buses to carter for more students as each year enrolment has been increasing. Authority should bear in mind that, the most important factor for the student is to have a calm psychological state of mind for them to concentrate in their studies. The assurance of the transport to the student will reduce absenteeism, unwanted pregnancy for the girls hence better generation in the near future. As now we were having two types of generation, there are student who are coming from wealth family and be able to use school bus from their school famous knows as Academic School and those come from poor family who really face this chaos of transport to and from Government School. If this is not supported well, after 10year we will find the generation of Academic people having sophisticated life whiles those of Government struggling to survive in the society. Professionalism will become an issue as in Tanzania majority of the people are living under one dollar per day which does not support their daily life. This will even disturb the investment as their will be few human resource to be employed in a certain career. Cellular (mobile) telephone service providers are now engaged in community development and sponsorships. In Tanzania we have more than five company operators in this industry, to mention we have Airtel Tanzania, Vodacom Tanzania, Tigo, Zantel, Benson, Sasatel and TTCL (Tanzania Telecommunication Company Limited). Here I can talk of Vodacom Tanzanias the leading cellular network where they sponsor Tanzania Premium League Soccer. But still the players complain on the quality of the items provided to them by other sponsors. One of the team leader was comparing jerseys from Vodacom Tanzania and other sporsors in the forum at Channel 5 Television Station recently.  [9]  He gives bigup to Vodacom Tanzania for the standard of their jerseys. Vodacom Tanzania has been supplying team participating in the league with playing shoes, balls and jerseys labelled with their brand name for the publicity. Though Vodacom Tanzania jerseys are not of high quality but he mention at least are best than others. Vodacom Tanzania also engaged in beauty sector by sponsoring Miss Tanzania Beauty Pageant in each year.  [10]  Vodacom Tanzania sponsoring help contestants to get the opportunity to be known and make easy for them to get employment in different area like business promotion, public relations, customer care officer and advertising business. Again, this is excellent for the young generation once they get the opportunity to represent our nation in other country during the final competition worldwide and gain exposure. The question is after the first year of contract with Vodacom Tanzania been finished, Vodacom contract is not going to be renewed. As most of them are not famous any more and its not known what they up to. This means that, Vodacom Tanzania does not intension support the carrier development of the beauty but only to keep the community aware that they do sponsorship and build their good name. We have seen that Vodacom Tanzania support education sector especially in the poorest community in our country. I was asking if that support is measurable as they only build one to three classes in one area. Then that is called sponsorship and calling media to take new for the public to know their effort. This is laying peoples mind as it does not fulfil the needs of specific demand. Airtel also engaging in local community in which they operate, education is one of the organisation key pillars of the Airtel brand. Moreover, Airtel strive to reach and uplift the underprivileged in the community in which they operate through education. By consulting the Ministry of Education, Airtel provides uniforms, text books, furniture, teaching and learning aids focus in primary school.  [11]  Doing marketing is so expensive, it also take time to get people attention on advert whether in the radio, television station or in the newspaper. So the easiest way is to support the community they do business with and then customer will pay attention on what as been offered by the company meanwhile the company advertise it products or service they provide. That why in every activity that Airtel participate they put their brand name on it. Fun enough they even paint walls with their brand name to create awareness. So whatever they offer/ support it has to be with their log for publi city. The case of Morogoro floods disaster of 2010, 2000 homes in Kilosa were engulfed by the rising water and more than half were destroyed completely.  [12]  Camps have been established across the region to secure safe ground for the displaced families. Damage of infrastructure has been immense, roads and bridge have been swept away, and parts of the railway line left impassable slow down the region transportation system. Still that community are suffering because the support was on short bases and not for the future life of that society. But we have seen corporate organisation support has been sent in the areas for their daily life and now no one was responsible to know the future of the affected area for 3-5 years to come. Thats why people are still suffering because the get bread and water for their hunger and not able to start their life again and remain beggars from the society. I have seen Airtel previous knows as Zain Tanzania support the victims of hunger as flood have swept acres of crops in the region. The biggest problem is shelter where corporate organisation should join hand to support those families affected by the floods. Mining Sector also support community development and do sponsorship in Tanzania society. Tanzania has been rich in mining sector in various region. We are having gold mining in Bulyanhulu, North Mara, Tulawaka, Buzwagi Goldmine, Golden Price, Behemba Godmine, Geita Goldmine( the largest gold mine in the country) and others. Diamond mining in Mwadui/ Williamson/ Peter-Diamond and El Hillal Diamond. By 2008, Tanzania had become Africas third -largest exporter of gold; accounting for as much as 44% of the countrys of exports.  [13]  . An export drop to 50 tonnes in 2009 now places Tanzania at the fourth position after South Africa, Ghana and Mali. Mining sector provide 3% royalty base on the net instead of gross revenue of mining companies. This means that the government only receive revenue from royalties after subtracting cost on transportation and processing instead of subtracting from the amount that the minerals are sold for in the market. Considering the mining sector development in the country and the way they use to do corporate social responsibilities in the society is very awkward. They get millions of money from the gold sector from our land and left us with empty hand and holes in our mother land. The case of Barrick Gold Corporation engaged on their alleged poor treatment of local employees. Moreover, in 2009 at the companys North Mara gold mine heavy metals and toxic chemicals were reportedly leaked into the river Thigite. The incident has since become a bone of contention and source of conflict between locals and the mining business. The previous two paragraphs show how much the mining sector does not consider the society they do operation with. Mining sector are excluded from corporate tax when they operating for some year, some its about 50years. So they do what is called corporate social responsibility as covering to make the society calm. But still the support does not satisfy the utility of the community comparing to the profit they earned from the business. Kilimanjaro Premium Lager do sponsor Yanga and Simba , the nations biggest and best known football clubs that have been historic arch-rivals in Tanzania. Tanzania Breweries Limited (TBL) they value sports as they lifted the spirits of every true fan of football in the country. The company believe that by doing the sponsorship of these two teams will primarily be an experience about gaining a share of heart in the society. TBl hopes by doing corporate social responsibility help to build and sustaining the two teams by provide kits for teams, match gear, casual and training. On top of this, if you look on other perspective TBL uses their resource to support the two teams to build the brand loyalty. TBL Marketing Director and the Events and Promotion Manager are the one who dealing with social responsibility but deep you can figure out its only marketing and brand awareness. If you compare the figure in the income statement and the expenses they incur on supporting the teams are of so minimal.  [14]  Kilimanjaro Premium Lager also sponsors Tanzania Music Award in each year where by the participant and the winner receive award for TBL. The event was Live in the TBC1 where individual from different part of the world can watch it, and there is when TBL get p ublicity. CSR support to Society is only a Publicity of the Business itself As mostly corporate social responsibility support to society through contributions has political affiliations, it does not mean producing solution to the needy society, such organisation could be focusing only on marketing myopia, sticking to existing wishes, desires and wants of the politicians in power while losing sights and meaning of the corporate social responsibility to the genuine needy people without enabling resources to overcome their ordeals or problems. Business scandals are to be avoided for the betterment and interest of corporate governance that refers both to the policies by which a company operate and the system of controls and oversight that enables the company to operate according to those corporate policies.  [15]   Operating according to corporate policies and total quality management (TQM) will also enable companies sustain substantially organisational success through effective planning and plan implementation to ensure product, service and brand are proactively incorporated with societal long-term interactions. Yet, any organisational plan has no values unless it is put into action, and production and service methods must be continuously improved. Single or occasional standard performance review and revision are to be discouraged and stay unacceptable organisation wise, so that also through corporate social responsibility, company business grows sustainably in good and bad times. The CSR can also help organisations get extraordinary results from ordinary people, depending on how parts of business could be accessed to various societies and societal culture, else corporate social responsibility in Tanzania wont succeed in sustaining substantial relationship marketing. Building a strong company brand identity in the public and societal marketing places to enforce and reinforce all corporate images and messages are essential to be constantly in place. Conclusion Its clear that corporate social responsibility is new to our culture. We learnt this from foreign investor who brought shares in our local companies. These investors once they invest in a certain activities they are excluded from corporate tax for 5year. Smart investor terminates the contract after five years and said they did not earn profit for the past year on their operations. While they are on operation they try to build their public relations, through direct contribution to society. That why you can find a certain organisation changes its business name after 4-5 year. There is no law guiding Corporate Social Responsibility currently. Government need to pass a law where by the President of Republic of Tanzania has to assent for the law to be practise by the corporate organisation. By having a law organisation will stop doing social responsibility as a marketing strategy to build the brand loyalty. Hence corporate organisation will extends the benefit of CSR and compensation to social, economic and environmental losses suffered by communities living within operation areas will be diminished. Orphan project, water supply and sanitation will not be a issue for the people around the organisation and even the one far from the company.

Sunday, January 19, 2020

Cloning and Bioethics :: Argumentative Persuasive Topics

Cloning and Bioethics Bioethics, which is the study of value judgments pertaining to human conduct in the area of biology and includes those related to the practice of medicine, has been an important aspect of all areas in the scientific field (Bernstein, Maurice, M.D.).   It is one of the factors that says whether or not specific scientific research can go on, and if it can, by which rules, regulations and guidelines it must abide by.    One of the most recent and controversial issues facing our society today is the concept of cloning.   On February 23, 1997, Ian Wilmut, a Scottish scientist, along with his colleagues at the Roslin Institute and PPL Therapeutics, announced to the world that they had cloned a lamb, which they named Dolly, after Dolly Parton, from an adult sheep (Mario,Christopher).   The two share the same nucleic DNA, but differ in terms of their mitochondrial DNA, which is vitally important for the regulation of the cell.   The media and the press ignored this fact, and thus claimed that Dolly and her 'mother' were genetically identical, which sparked a fury of outcry all around the world.   The technique of transferring a nucleus from a somatic cell into an egg cell of which the nucleus had been removed, called nuclear transplantation, is an extension of research that had been ongoing for over 40 years. Up until now, scientists thought that adult cells could not be "reprogrammed" to behave like a fertilized egg and create an embryo, but the evidence obtained by Dolly's success prove otherwise.   The issues of cloning have been around for a long time, starting with the publication of Joshua Lederberg's 1966 article on cloning in the American Naturalist.   The public's interest has been perked by many sci-fi books, films, and movies including Aldous Huxley's 1932 novel "Brave New World," 1973's "Sleeper," the 1978 film "The Boys from Brazil".   Most recently, the movie "Multiplicity" dealt with replicating Billy Crystal over and over (Mario, Christopher).   The ethical, legal, and moral issues aroused by cloning have been raised by previous projects, and are now simply emerging again, with its focus on three major points: the shift from sexual reproduction with that of asexual replication of existing genes; the ability to predetermine the genes of a child; and the ability to c reate many genetically identical children (Report/Recommendations of the NBAC). The public responded to Dolly with a mixture of fear and excitement, questioning the benefits and the disasters that could happen in the future if research was to continue. Cloning and Bioethics :: Argumentative Persuasive Topics Cloning and Bioethics Bioethics, which is the study of value judgments pertaining to human conduct in the area of biology and includes those related to the practice of medicine, has been an important aspect of all areas in the scientific field (Bernstein, Maurice, M.D.).   It is one of the factors that says whether or not specific scientific research can go on, and if it can, by which rules, regulations and guidelines it must abide by.    One of the most recent and controversial issues facing our society today is the concept of cloning.   On February 23, 1997, Ian Wilmut, a Scottish scientist, along with his colleagues at the Roslin Institute and PPL Therapeutics, announced to the world that they had cloned a lamb, which they named Dolly, after Dolly Parton, from an adult sheep (Mario,Christopher).   The two share the same nucleic DNA, but differ in terms of their mitochondrial DNA, which is vitally important for the regulation of the cell.   The media and the press ignored this fact, and thus claimed that Dolly and her 'mother' were genetically identical, which sparked a fury of outcry all around the world.   The technique of transferring a nucleus from a somatic cell into an egg cell of which the nucleus had been removed, called nuclear transplantation, is an extension of research that had been ongoing for over 40 years. Up until now, scientists thought that adult cells could not be "reprogrammed" to behave like a fertilized egg and create an embryo, but the evidence obtained by Dolly's success prove otherwise.   The issues of cloning have been around for a long time, starting with the publication of Joshua Lederberg's 1966 article on cloning in the American Naturalist.   The public's interest has been perked by many sci-fi books, films, and movies including Aldous Huxley's 1932 novel "Brave New World," 1973's "Sleeper," the 1978 film "The Boys from Brazil".   Most recently, the movie "Multiplicity" dealt with replicating Billy Crystal over and over (Mario, Christopher).   The ethical, legal, and moral issues aroused by cloning have been raised by previous projects, and are now simply emerging again, with its focus on three major points: the shift from sexual reproduction with that of asexual replication of existing genes; the ability to predetermine the genes of a child; and the ability to c reate many genetically identical children (Report/Recommendations of the NBAC). The public responded to Dolly with a mixture of fear and excitement, questioning the benefits and the disasters that could happen in the future if research was to continue.

Saturday, January 11, 2020

Advantages of using CNG

Appeared like a monster for the first clip in 1999 and threatened all Egyptians, it was immense, unsafe and cruel. So the Egyptian authorities declared the war against it, and started to take serious actions. Now its 2009 but no alteration, it ‘s still there darkening the skies of Cairo from October to December doing a batch of environmental and wellness casualties. Apart from the grey looking skies and atrocious odor distributing in metropoliss, the Monster causes Respiratory jobs. Mahmoud Abdel Majeed, caput of Abbasiya Chest Diseases Hospital, said, † People suffer from take a breathing troubles, coughing and sometimes respiratory failure which requires unreal respiration. † Adding that kids and the aged were the most at hazard. Most of you now know who the monster is, it ‘s the BLACK CLOUD. Funny enough that it ‘s non a natural phenomenon but it is chiefly caused by us! ! Harmonizing to some statistics it ‘s said that 40 % of the pollution is f rom the combustion of rice straws, another 23 % from vehicle exhausts – as Cairo now has about 4.3 million vehicles in its streets. Factory emanations besides cause 23 % and 6 % from combustion of wastes. We need solutions! One of the solutions is to utilize Compressed Natural Gas ( CNG ) as a fuel for autos alternatively gasolene. Natural gas autos are non different from gasolene fuelled autos except that the natural gas autos are fuelled by CNG non gasolene. And its mechanism is so simple ; when u get down your engine, the CNG enters a regulator that reduces the force per unit area before come ining the fuel-injection system. The gas is so assorted with air and injected into the cylinders of the engine where it ‘s ignited by a flicker stopper ensuing in an detonation which is used to drive the Piston. CNG is non merely good for the environment but besides as for persons there are other benefits. Using CNG is a new revolution which has economical, environmental and proficient pros, yet non all people use CNG as a fuel for their autos for different grounds. CNG is rather economical ; it ‘s about tierce of the monetary value of regular gas, good intelligence for the low paid and cab drivers. Besides people who own a natural gas auto will hold some revenue enhancement inducements ; the authorities makes them pay fewer revenue enhancements as a wages for lending in protecting the environment from pollution. Further more, the cost of care of natural gas autos is really low in long term compared to that of gasolene autos. From all sides, CNG is rather more economical than gasolene. The chief advantage of utilizing CNG as a fuel is because it ‘s environmentally friendly. Since it is the cleanest firing fossil fuel, as methane Burnss cleaner than crude oil fuels. Harmonizing to a study by the Air Pollution Research Department at the National Research Center in Cairo, it was found that, â€Å" compared to petrol, CNG has a critical potency to cut down C monoxide, hydrocarbon and C dioxide concentrations in fumes released from electronic fuel-injection and well-carbureted engines by an norm of 73 per centum and 66 per centum, 39 per centum and 31 per centum and 21 per centum and 19 per centum, severally. † With these figures, CNG became a friend to the environment and people every bit good, since it causes no or less negative wellness effects than the crude oil or gasolene. Using CNG besides has some proficient advantages. CNG gives a high compaction ratio, which means that most of the fuel is burnt. The advantage of high compaction ratio is that it gives the engine a higher HP ratio ensuing in a high public presentation engine. One of the best things about CNG is that u can change over your auto to be natural gas fuelled. The transition procedure is an easy procedure ; it is merely fitting storage armored combat vehicles in the bole of the vehicle and put ining injection noses in the engine. After this U will hold a bi-fuel vehicle! Bi-fuel vehicles have the capableness to exchange between utilizing gasolene and other fuel like CNG manually or automatically to run the auto, what do we necessitate more! ! But what makes some people refuse or afraid to change over their autos to natural gas autos? Well, like everything in the universe, CNG has some disadvantages excessively. First, the transition procedure can be dearly-won as he/she will hold to purchase the transition kit and wage for the machinist who will change over it. Yes CNG is cheaper in monetary value, but this is when you replenish your auto but when it comes to transition, it can be dearly-won. Another disadvantage is†¦

Friday, January 3, 2020

Benefits of Raising the Minimum Wage Essay - 614 Words

â€Å"Paying your employees well is not only the right thing to do, but it makes for good business†-Jim Sinegal, CEO of Costco. Many of America’s employees are not being paid well, however, for the annual income of a full-time employee who works year-round is less than $16,000 (about $15, 080) according to the current federal minimum wage (Rebuilding). To put into retrospect how out-dated the federal minimum wage is, consider that the minimum wage of 1956 amounted to exactly $7.93 in 2009 (Henderson). How progressive is it that our nation’s workers being paid less today than workers from the 50’s? The federal minimum wage should be raised in order to assist families out of poverty, to ensure the effort and loyalty of workers, and†¦show more content†¦Raising the pay of one’s workers is proven to increase productivity in the workplace: Worker productivity increased 104% while the minimum wage rose 101% between 1947 and 1973 (Henderson). Com mon sense also plays a role here. If you were being paid a penny an hour when you really deserve a quarter an hour, would you work your hardest? Would you begin your work enthusiastically at full-throttle? No, you wouldn’t, and the second you saw a better opportunity at another place of employment, you would jump to it. Why should you feel loyal towards a job or company which does not pay you enough to live? The federal minimum wage should be raised in order to ensure the effort and loyalty of workers. The most prevalent and steadfast myth surrounding the raising of the federal minimum wage is that it will doom the economy. This might seem logical at first, but just think about it for a second. Why do minimum wage employees need more cash? The answer is simple: To spend it, to buy the things that they and their families need to survive. â€Å"Most minimum wage workers need this income to make ends meet and spend it quickly, boosting the economy. Research indicates that for every $1 added to the minimum wage, low-wage worker households spent an additional $2,800 the following year† (Fair). Furthermore, EPI estimates that if the federal minimum wage were raised to $10.10 an hour, it would result in overShow MoreRelatedThe Benefits Of Raising The Minimum Wage1656 Words   |  7 Pagesto be should the minimum wage be raised or should it be lowered or eliminated altogether. From where I stand minimum wage should be raised. Everyone is more successful when people are paid a livin g wage. Changes to the minimum wage would strengthen the economy and business, Lift Americans out of poverty, and will be unlikely to significantly impact prices. The only way to grow the economy in a way that benefits 90% is to change the structure of the economy. Paying people a fair wage is a sign of respectRead MoreThe Benefits Of Raising The Minimum Wage706 Words   |  3 Pages Minimum wage is a difficult number to decide on because it affects different income earning citizens in different ways. According to Principles of Microeconomics, by N. Gregory Mankiw, minimum wage is a law that establishes the lowest price for labor that and employer may pay (Mankiw 6-1b). Currently, the minimum wage in the United States is $7.25 per hour. For many years politicians and citizens have argued on what should be the minimum wage that would benefit the economy and society in generalRead MoreBenefits Of Raising The Minimum Wage908 Words   |  4 PagesIn our modern society one of the seemingly least controversial topics is the minimum wage. The popular opinion wants to raise the minimum wage, but is the popular opinion always right? Throughout recent years, politicians have made promises to raise the minimum wage to help low-income earners live a better life. Contrary to popular belief, raising the minimum wage actually hurts low-income earners and low-skilled workers. We must first define a low-skilled worker. A low-skilled worker does not meanRead MoreBenefits Of Raising Minimum Wage1291 Words   |  6 Pages In recent years, the demand for an increased minimum wage has erupted across the nation. During the ongoing debate, a few states, cities, counties, and companies have taken the initiative to raise the minimum wage of $7.25 per hour to the varying wages of $7.50-$11.50 per hour. According the United States Labor Department, 29 states and the District of Columbia pay above the minimum federal level of $7.25 per hour. The raising of the minimum wage has numerous supporters; however, there are individualsRead MoreBenefits Of Raising Minimum Wage1757 Words   |  8 Pages Minimum wage has been a constant battle in the United States for decades. The ultimate goal is to put the American people in the best position possible to succeed and be the least limited. Many believe the immediate thought that higher wages equals higher standard of living a nd mitigating the poverty gap because more money will be in the hands of consumers, but this is a near sighted belief. The long term effects of raising wages not only will cause detriments of loss of employment, mistargetingRead MoreBenefits Of Raising Minimum Wage Essay2170 Words   |  9 PagesRaising minimum wage has become one of today’s most popular issues to debate. Minimum wage has not grown along with inflation throughout the years and it has caused many people to fall into poverty in the United States. But what is Minimum wage? It is the minimum pay a worker is entitled to for their labor. Meaning that it is illegal for employers to pay a worker less than the minimum with the exception of a few jobs like waitressing. On July 24, 2019 the The Federal Government set minimum wage atRead MoreBenefits Of Raising Minimum Wage1250 Words   |  5 PagesCreating jobs, raising minimum wage, donating to the poor are not going to erase the poverty out of the United States of A merica. The government defines poverty as the bottom fifteen percent of annual income. No matter what one does to increase a person’s income there will always be someone in poverty. Across America there are always charities, religious groups, and civic clubs who are giving to the poor--from food giveaways, clothing giveaways, free tutoring, free health screenings, whateverRead MoreThe Benefits of Raising the Federal Minimum Wage1334 Words   |  6 PagesPicture this: You are a single parent of two, you work 40 hours a week plus occasional overtime at a minimum wage paying job, you struggle to put food on the table to feed your family, and then you receive a call from the bank saying that your home is being foreclosed. This is the situation faced by thousands of Americans every year due to low income and wealth inequality. The federal minimum wage (FMW) as of April 2014 is $7.25, which is not enough to keep a family of two above the poverty line.Read MoreRaising Minimum Wa ge Will Benefit Our Economy1576 Words   |  7 PagesThere are many people who will debate whether-or-not raising minimum wage will benefit our economy. Money is what helps us survive and acquire our necessities of life. Most children are instilled with the thought that going to school, getting a good education, and obtaining a good job would guarantee success and happiness; although everyone does not have that privilege, and may end up with lower paying jobs. Almost anyone can get a job at a fast food restaurant, clothing store, or any general jobRead MoreRaising the Minimum Wage: A Counter-Intuitive Solution Essay753 Words   |  4 PagesWhile some believe that raising the minimum wage will resolve poverty issues and lack of pay with the signing of legislation, the raising of the minimum wage to $10.10 an hour (as advocated by President Obama and the Democrats) would cause the poverty issue to be worse than it already is; inflation would occur, employees would be laid off, and minimum wage employees would lose welfare benefits, thus offsetting the wage increase. The Government should consider the effects on the American economy as