The Cost of College Essay Example for Free

The Cost of College Essay The cost to attend college is high, and has been rising for many years. The cost of college is too high, a lot of people can’t afford it, and unemployment rates are sky high. Why is the cost of college so much? The best answer would be our economy. Our economy has a great effect on the rising prices of everything, including college tuition. Another factor influencing the price of college is the demand for a higher education, for a well-paying job is more than ever. The problem of the cost of college right now is that many people can’t afford to go to college, and it puts them in debt even though it may be worth it. Works Cited Adams, Caralee J. Mid-Income Students Incur Higher Debt. Education Week 29 August 2012. English, Ed. Cap In Hand: The High Price Of Higher Education: A College Degree Has Become An Indispensable Credential In Today’s Workforce. But With The Cost Of Postsecondary Education Soaring, A Degree Is Also Slipping Out Of Reach For More People. What’s Behind Tuition Inflation, And Can Its Trajectory Be Altered? EconSouth 2011: 6. Luhby, Tami. Is College Worth It? Careers and Colleges November 2000. ? Articles about College Tuition: The cost of college is rising, and has been rising for many years. Even though the prices can be more or less depending on what state the college is in, what degree students plan on getting, and what type of college students go to, the costs are still very high. At a private four-year college the total cost would be over $40,000. At a public four-year college the cost would be more than $20,000. The cost to attend a two-year college would be more than $14,000. Most jobs require employees to have some sort of degree. Even though the prices keep rising, more and more people are going to college to get a better education, so they can get a well-paying job (English). Another issue with the high costs of college is the debt that comes along with it. Sure, some people get scholarships, and others have the money they need, but some people don’t. The people that don’t have enough money or don’t get a scholarship that want or need to go to college have to borrow the money. Borrowing these large amounts of money causes a lot of debt. Graduates can have thousands of dollars in debt. Debt can cause many problems all throughout life. Since most graduates cannot get a well-paying job right out of college, they have problems paying the high amounts of debt off (Adams). Others think that the cost of college should not be a problem because it is worth it. Going to college means that graduates will be able to get a better paying job than they could without a degree. Having a better job will eventually allow graduates to pay off loans and thrive in the real world. People who have a Doctorate or Professional degree earn between $120,000 and $150,000 per year. People who have a Masters or Bachelor’s degree earn between $80,000 and $95,000 per year. People with only a high school education only earn about $45,000, and people with less than a high school education only earn about $30,000. It is important to have a job that will pay enough to live a good life and even support a family. Even though the cost of a college education is ridiculously high, it is completely worth it. Getting a college education and having better job opportunities to get a well-paying job helps people in many ways throughout their lives (Luhby).

Free Essays - Alices Adventures in Wonderland Essays :: Alices Adventures in Wonderland Essays

In Lewis Carroll's novel Alice in Wonderland, Alice is curious, well-mannered, and confused while she tries to find her way out of Wonderland. Alice meets many unique and weird creatures which eventually help her escape wonderland. Alice shows that she is curious through her actions. At the beginning of the book Alice gets distracted from her "boring" work, and chases a white rabbit down a hole. This excerpt describes Alices curiosity, "Alice started to her feet, for it flashed in her mind that she had never before seen a rabbit with either a waistcoat-pocket". When Alice is at the bottom of the hole she find a bottle labeled "Drink Me", she wants to see what it tastes like, this excerpt describes the event "...this bottle was not marked `poison', so Alice ventured to taste it, finding it very nice". Another instant that shows her curiosity when she looks for the white rabbits fan and gloves, she finds a bottle, this time there was no table, "There was no label this time with the words `Drink Me' ... `I know something interesting is going to happen' ... ` I'll just see what it does',". Alice is like a little girl that is still exploring the world around her, but she finds that she is more mature than the creatures in Wonderland. Alice is very well mannered in Victorian ways to the creatures of Wonderland. Alice shows her good manners when she enters the white rabbits house and the rabbit tells Alice to go fetch his gloves and fan, "I'd better take his fan and gloves- that is if I can find them", since Alice is a guest, uninvited, she follows the owners orders. When Alice runs into caterpillar she calls him "Sir", here is an excerpt from the book , " I can't explain myself myself, I'm afraid, Sir", this shows that she respects the creatures of Wonderland. When Alice enters the Duchesses house and the Duchess throws the baby to Alice, Alice starts to take care of it, " `Here! You may nurse it a bit, if you like!' Alice caught the baby with some difficulty ...", this shows her maternal side. Wonderland is an illogical land, nothing seems to make sense to Alice. She starts to become very frustrated and confused. When Alice meets the caterpillar the following conversation takes place, " `Who are you!' the caterpillar asked ... `I - I hardly know, Sir, just at present - at least I know who I was when I got up this morning' ... ", Alice is so confused she does not even know who she is.

Nike Ethical Dilemma

Ethical dilemma is an issue involving moral principles with no right or wrong. There will always have debates on whether one matter is considered being right or to some people’s perspective, it might be wrong. Take for example in Singapore, many people will be against the idea of abortion as it is the same as murder. However, there are also some who are not against the idea. In fact, abortions were considered legal so long the pregnancy does not exceed 6 months.It actually depends on one’s conscience and moral to how they look at the matter. In this paper, the ethical issues we will be covering will be on Nike child labour. NIKE inc, a well-known brand in the market that specialize in sporting goods has been reported that the manufacturer engaged, were using children as labour from as young as 10 year of age. These children were for the making of sporting equipments such as soccer ball, shoes and clothes in Pakistan and Cambodia. Using children as labour were seemed mor ally wrong for many people.It is considered as exploitation of children as they were deprived of their educational and individual rights. However, in the eye of the developing countries, known as â€Å"third-world countries†, child labors were seen perfectly fine with various reasons behind their point of views. The main factor contributing to child labour was mainly due to the poverty face in these developing countries. These children worked so in order to earn money to support their families where parents do not earn enough to support the families (Catherine, 2010).Therefore, there are no doubt these children was not send to school for appropriate education. From the business point of views, is Nike wrong by engaging these manufacturers for the production of sporting products? Well, it depends. Firstly, strictly from business point of view, the manufacturer has an agreement with Nike. This means the manufacturer has to fulfill the amount of soccer balls to be ready for sale at an agreed time or within a time frame.Nike main concern was the final product, soccer ball, and had no wish to interfere or rather was unaware of the working situation in Pakistan In support of the unawareness of the labour, report have shown that one of the manufacturers such as Saga Sports was secretly outsourcing many balls to casual worker where sewing of these balls took place in their homes in which Nike were unaware of, thus, monitoring and keeping track of the labour situation be extremely difficult (Clark, 2006). Children ages were also easily forged since birth records do not exist in Pakistan. As such, Nike ight have employed them according to the information given to them which they assume is correct and real. From another point of view, Nike was actually providing job opportunities to the developing countries where their culture encourages children to start working as early as the age of 10 due to insufficient money earn from parents to support the families. In this point of view, Nike actually did a great help in term of improving the country poverty condition. I believe that the culture and the practices of child labour in Pakistan were present way before Nike was involved. Read also â€Å"Glengarry Glen Ross†Ã‚   by David MametSo, technically speaking, Nike was not wrong to employ this manufacturer as Nike could not and will not have control over these cultural issues. In this case, Nike does not have sufficient good reason to terminate the services of these manufacturers and therefore, Nike strictly were evaluating manufacturer based on their supply chain performance. All other issues such as the age group to use for labour, Nike technically speaking can choose not to interfere in the child labour issue even if it has the power or discretion to do so.Therefore, Nike does not seem to be morally wrong in the continuation of partnership with the manufacturer in Pakistan. Take a look from another perspective, Nike may be morally wrong for the partnership with these suppliers. As everyone is aware, children should be receiving proper education when they are young and not working. Nike action has not only tarnished their images but as well sending a message globally, in supporting the use of children as labour in these developing countries should Nike continue to engage these manufacturers.It is definitely an ethical dilemma in a business situation with the strong reasons on both sides on the employment of these manufacturers. Nike has to make a decision somehow. 2. Proposed Solution The proposed solution was to implement a manufacturer selection system where Nike could place emphasis on the labour selection, specifically, the age group. The purpose of the selection systems was to ensure that no children were to be use in these manufacturing factories.Terms and condition will be stated in the agreement contract where Nike has the rights to take legal action against manufacturer when contract were breach. Nike should also closely monitor the labour situation by conducting regular checks at factories so as to ensure that the standard sets were follow. Auditor and representative from Nike could conduct surprise check on these fact ories with goals to prevent or reduced manufacturer from deviating from the agreement on the labour requirement.Towards the extreme side, Nike has the right to terminate manufacturer that has repeatedly not adhere to the agreement signed. It 2006, Nike terminated one of the manufacturer in Pakistan namely, Saga Sports after a six month investigation revealed of the non-compliance of the labour standard and requirement set by Nike. With the various proposed solution and some measurements to take into consideration, Nike could definitely enjoy the benefit of outsourcing and at the same time not destroying the children bright futures.

A Transnational Corporation That Is Engaged In International Production And Usually Sales Business Essay - Free Essay Example

Sample details Pages: 6 Words: 1875 Downloads: 1 Date added: 2017/06/26 Category Economics Essay Type Analytical essay Did you like this example? Introduction A transnational corporation (TNC) is a large company engaged in international production and, usually, sales. The largest TNCs-also known as MNEs, for transnational enterprises-have production sites in several or even dozens of nations. An TNC typically scans the whole world, or at least substantial regions of the world, for markets, production sites, and sources of raw materials. Don’t waste time! Our writers will create an original "A Transnational Corporation That Is Engaged In International Production And Usually Sales Business Essay" essay for you Create order A TNC can be defined as a company that is headquartered in one country but has operations in two or more countries. Large TNCs account for a large percentage of world sales and employment and are therefore courted by governments of the world. TNCs have existed for centuries for example, the East India Company which was founded in 1600, but it is of late that we witness a proliferation of TNCs. This is due to many factors, such as advances in transportation and telecommunication, and the availability of capital across the globe, all of which are the results of globalization. Globalization means different things to different people. To capitalists, it is an extension of laissez-faire economy on a global scale which promotes free trade and elevates the quality of life. Indeed, globalization has improved the lives of countless citizens across the globe by reducing the price of goods and services of items that were previously viewed as luxuries like computers and mobile telephones, and reducing poverty in developing countries. However, globalization has also brought about an unprecedented level of uncertainty and paranoia about jobs being lost and a disappearance of security (Certo, 2000). Even developed countries institute some form of protectionism against unfettered capitalism and populist leaders denounce it as the scourge of humanity, a popular political tool used as a smokescreen over their own inadequacies. The target of protests against globalization in the developed world are of course TNCs, as they are perceived as the root of all economic woes by mercilessly laying off workers and moving operations to locations with cheaper material and labour. In developing countries, TNCs become the target of abuse for human rights violations and creating a loss in the traditional way of life. The monumental changes to the social, economic, political and educational environment are all the outcome of the new global economy (David, 2005). Throughout human histor y, change has never before occurred in such a dramatic and accelerated manner and on such an international scale as what is happening at present. . This new economic order was born as a result of the interplay of three forces which are the liberalization of trade, the information and communication technology boom and of course, globalization. The impact of these forces cannot be understated. With the liberalization of trade, greater integration of economies is made possible (Robbins, 2007). Time and distance have been rendered obsolete because of the information and communication technology boom and national boundaries have become porous due to globalization. Significantly, this new economy is the outcome of an innovative culture (Rugman Hodgetts, 1995). In fact, what defines the new global economy is new ideas, new ways of doing things and new innovations. The complete overhaul of cash flows, the grouping of small businesses into clusters, dramatic changes in the production pro cess and new approaches in marketing have collectively contributed to the economic progress and development that we now enjoy. As international trade flourished, enterprises realized the need to create new and better technology to serve in their best interest (Porter, 1980). Consequently, the entire structure of society had to be reshaped. The driving force of economic growth is innovation, though it alone is not enough. A nation needs to be equipped with the necessary human capital who can contribute via innovation to the new economic model, and this would require a high level of education and technical proficiency among the populace. This entails perpetual skills upgrades, the commitment towards acquiring knowledge and skills at all stages of life and the realignment of the work structure and organization. Productivity and economic performance have risen exponentially in this new economic model because of advances in technology, research and development and human capital. In a nut shell, technology powers the new economy which is propelled by human capital. Knowledge is the new trading commodity and the internet is its virtual marketplace (Adams, 1965). To harness the best out of international opportunities entails more attractive tax frameworks, more capital invested in research and development and greater stress on training and education. Industries should group into clusters that promote excellence to develop global niche markets. The impact of the new international economy is all encompassing and is not merely restricted to economic boundaries. Its influence can be seen in all aspects of our lives ranging from the way in which we interact with one another to how we are educated and perform our social obligations. For instance, sectors that lead the information revolution such as banking, e-commerce, public services and education enable users to access information, products and services from a global marketplace at the click of a mouse. Never before in human history has change occurred at such a lightning speed and with such profound implications that reverberate throughout the globe. It can be said that the information and communications technology revolution have made distance and time inconsequential, and new technology continues to push boundaries and limitations further away (Cravens Piercy, 2006) . It is nothing short of a Brave New World. Due to the negative impact of globalization, governments around the world have instituted legislature to contain and mitigate the harmful effects TNCs may cause. For example, the government of Malaysia has placed restrictions on the opening hours and location of foreign-owned hypermarkets to minimize their impact on small and petty traders. Various forms of protectionism and trade barriers have caused TNCs to adapt their operations in the countries that they operate. This is because there are numerous problems of implementation which may adversely affect a countrys attractiveness as a place to do business. However, governments and people are still wary of them. This is why TNCs need to engage in corporate social responsibility to prove that they benefit the community as a whole, or in other words, to legitimize their activities. TNCs need to prove that they contribute to the community in which they operate and are sincere in their efforts to improve it and not siphon off the countrys riches and flee to other places that provide lower operating costs. As mentioned earlier, owing to the scale and scope of TNCs, whatever action taken by them will impact the environment and the lives of many. For example, the petroleum and mining industries cause widespread damage to the environment either through accident or negligence. Any negative impact will ultimately affect the TNCs the most. Lawsuits can arise as a result of harmful activities that could potentially run for years and ruin the TNCs financially and in reputation. Therefore, TNCs in high risk industries would actually be acting in their best interest by minimizing their impact on the environment. As a start, TNCs should at least clear up oil spills or fill deadly mines which are caused by their activities. Many large industries cause rampant air, water and in some cases, sound pollution. The increased emission of greenhouse gases has contributed to global warming. Through globalization, companies that are in the same industry but based in different countries are linked together through alliances or coalitions. As a result of these alliances and coalitions, international policies and agreements play an important role in maintaining good relationships among companies. Also, international alliances foster closer bonds among companies which in turn strengthen a particular industry as companies cooperate to come up with new strategies (Johnson, Scholes Whitting, 2005). Another positive impact of globalization is that organizations mature and improve as a whole in their attempts to deal with problems on a more global scale. The organization structure needs to be streamlined so that it is adept to identify and respond to challenges. This is done by altering levels of hierarchy and control, linkages and reward structure. Consequently, we can surmise that development goes hand in hand with globalization. Companies need to innovate, improve and formula te new strategies and work methods to better cope with changes in the operating environment so that they can function effectively. Therefore, it is imperative that the organization is modified and possibly restructured so that it can cope with an increase in workforce and operating processes that characterizes a transnational corporation. Two good ways of adjusting a company are restructuring and remodelling. Another major impact of globalization is the formation of formal relations between governments and corporations. Transnational corporations need to negotiate with governments to decide on how and which markets to enter. Corporations need to make negotiations with governments and comply with the legal, political and social environment in the country they wish to enter so as to ensure a harmonious relationship between the government and the company. Indeed, understanding another country and its government well can prove to be advantageous to the company. Building good and meaningful relationships with governments will help a company to have long term presence in a foreign country. Finally, globalization promotes the competitiveness of companies within the same industry. A transnational corporation is well poised to compete with companies of similar size as it can utilize its resources on a global scale. Participating in an international market is beneficial to a company because it is better able to meet the needs and demands of a wider public and this gives it a competitive advantage over its peers that operate domestically only. This is a matter of perception as stakeholders such as suppliers, would prefer to engage with firms that have a global outreach. Conclusion TNCs should take the lead in environmental issues by investing in technology that minimizes the destruction and degradation of the environment of which they are sometimes the main culprits. They should find ways to reduce their carbon footprint and engage in community activities such as planting trees, adopting a forest, cleaning up polluted water supplies and protecting mangrove swamps. In the area of safety and human rights, TNCs often fall short of societys expectations. Issues like contamination of food products, excessive levels of lead in childrens toys and faulty cars will negatively affect the sales of a company. Likewise, cases of lax safety precautions and accidents at mines or the use of child labour to manufacture shoes will tarnish the reputation of any TNC. Many customers will recoil from purchasing items that have been made by children who are forced into slavery while human rights groups may protest against labour exploitation of workers in factories. Based on this discussion, one can infer that business management and globalization are concepts that are symbiotic in nature, when placed in the context of transnational organizations. A firm must formulate strategies that allow it to jump on the globalization bandwagon, strategies that endow it with the ability to better cope with the challenges and problems that it faces. Furthermore, formulating international market strategies permit a transnational organization to collect appropriate and extra information pertaining to its target markets. Such information is extremely useful when a company develops new products and services to cater to the needs, wants and demands of its target customers. Companies are motivated to become globalized for a number of reasons.