Class log Essay Example | Topics and Well Written Essays - 500 words

Class log - Essay Example uld involve making a decision against one or more employees without giving due consideration to their performing abilities and other morally legitimate qualifications and experiences. Secondly, the decision may originate solely on the basis of racial or sexual prejudice and other types of morally unjustifiable notions. Thirdly, the decisions could have harmful effects on employee morale and their interests which may include hiring for employment, promotion and work assignments of the employees. In addition to the above, the text also delves into wage differences among employees based on their race and gender. According to the book the comparison of the average incomes for men and women reveals that women earn much lesser compared to men. The various media reports published further substantiates this claim. This is considered to be one of the reasons for discrimination of women employees in the workplace. Such discriminations result in the violation of the person`s basic moral rights. Reading the content in the text, reminds me of a similar situation faced by my brother when he applied for a financial analyst position in a company in China. One of his female friends had also applied to the same position along with him. Their educational qualifications, work experiences and personal qualities were similar in many aspects. However, in the end my brother was appointed for the position and his friend was not considered as the company simply assumed that women were more likely to quit jobs after they get married or have children. Thus despite similar qualifications and experiences employers prefer to hire men in most cases. Such discrimination of women based on gender is morally unjust and such attributes is mostly based on stereotypes which consider women to be emotional and

Company Report of Barratt Developments PLC Essay

Company Report of Barratt Developments PLC - Essay Example In the comparison of the company’s recent performance to that of its closest competitor, Taylor Wimpey Plc it is noted that thou it generates more revenue than this competitor it posted lower profits due to huge expenditure arising from a huge debt repayment. Under the third section of the report, the strategies of market penetration and development are presented as the reasoned strategies for the future economic success of the company. 1.0 Introduction The historical background of the modern housing sector in the United Kingdom indicate that initially the sector was dominated by the government and private companies, which constructed houses for their workers but there was very little participation of private specialized construction companies. However, this changed with the increased pressure to adopt the neo-liberalization economic practices that encouraged privatization of most public corporations and led to the emergence of specialized construction companies, which revolut ionized the housing sector and resulted in the development of unique, well-designed, and constructed houses and business premises (Lowe, 2011). This report focuses on the Barratt Development PLC, which is among the largest residential property development companies in the United Kingdom. It has been in operation since 1958 and is largely acclaimed with the development of the UK residential property sector (Lowe, 2011). This study will commence by looking into the economic environment in which the Barratt Development PLC operates. Secondly, it will critically appraise the company’s financial performance in the recent years whilst comparing it to its closest competitor. Lastly, the study will incorporate an economic model and provide related information as appropriate in order to devise reasoned strategies for the future economic success Barratt Development Plc. 2.0 Economic environment in which Barratt Developments PLC operates Among the crucial economic factors that can indic ate the health of the UK economic environment in which Barratt Developments PLC operates in include interest rates and the prevailing income levels (Myers, 2013). This discussion will also incorporate an analysis of the impact of government policies on the housing sector and their impact on the operations of Barratt Developments Plc. 2.1 Interest rates In the studies conducted by Myers (2013), he stated that the interest rate levels within a country largely determine the accessibility of credit and in this case the accessibility of mortgage. The rate of interest at which borrowers are going to repay back their mortgage largely determines the booms and busts on the UK’s house prices. If the rate of interest charged on mortgage finance is considerably high, first time homebuyers will be discouraged and this will lead to a bust in the housing prices due to the low demand. If the level of interest rate is perceived to be at an affordable rate then first time homebu