Todays Realities and Yesterdays Models Essay - 1156 Words

Todays Realities and Yesterdays Models Todays realities do not necessarily fit yesterdays models. In a universe where shifting paradigms are the norm, scientists are in continued search to establish cause and effect relationships between events that can be modeled. We see behaviorists scurrying for specific reasons as to why two youths could commit such heinous acts in Colorado. Their existing models could not predict such atrocity. Meteorologists and environmentalists are developing an explanation for global warming. What new factors will explain the condition? Will updated models accurately predict future trends? Economists are not exempt from this process. In todays world, where markets are defying what was previously†¦show more content†¦Phillips. Phillips theorized that high demand drives higher inflation and the growth of real output and corresponding lower unemployment rates.(McConnell and Bure, pg. 339) The viability of these models was challenged with the events of the 1970s and 1980s. Specifical ly, we began to see the simultaneous co-existence of both rising unemployment and inflation that was not indicated in either Keynes or Phillips models. Stagflation was the word used to describe this new phenomenon in which the economy was impacted by high inflation rates and high unemployment. The reality of the current events do not fit this model. The theories and terms used in the past modeled the times but none serve as a guide to describe todays reality. Unemployment has been falling for the past several years, and last month dipped to 4.2 percent, its lowest level in nearly three decades and well below any mainstream estimate of the natural unemployment rate. Economic growth, while slowing somewhat, remains robust. Yet, the predicted inflation is nowhere to be found.(Stevenson, April 11,1999) We are in the longest peacetime expansion in American history. We continue to move into uncharted water(Thurow). The growth rate for 1998 was 3.8 percent, the third consecutive year the economy has expanded at nearly 4 percent. Previous economic theory heldShow MoreRelatedMonte Carlo Simulation Analysis And Decision1698 Words   |  7 Pagesof an asset, such as a stock is: Today’s Stock Price= Yesterday’s Stock Price x er r=periodic daily return, the rate that the asset increased or decreased that day. Because the rate of return on an asset is a random number, to model the movement to determine possible future values, a formula is needed that models random movements. This was first done about a century ago by Louis Bachelier who first applied the Brownian Motion; a formula used to model random movements and physics to the movementRead MoreThe World Is A Super Tool Essay1276 Words   |  6 Pagesaimed to bring more convince and options to the consumer. In reality, this type of tactic is most beneficial to the corporation. What’s more, practices such as planned obsolescence further fuels the consumer cycle. Big business practices such as image propagation, branding, and planned obsolescence has led to excess waste in the wake if today’s global consumer culture, one that is centered around profit. There are companies in today’s global market that rely on branding to sell goods. ClothingRead MoreCustomer Centricity : Critical And Business Success1232 Words   |  5 Pages Being consumer focused in today’s world has to be seen as a complete necessity in order to drive business. Some would say it is a â€Å"licence to practice† (Zairi, 2000). This paper will examine and critically discuss the key elements in understanding why the consumer is your most valuable asset, and why fulfilling their needs is paramount to business success. Fundamentally, with an absence of consumers, a business would not exist. Indeed, the heart of any business model, mission statement, or companyRead MoreHenry David Thoreau s Civil Disobedience945 Words   |  4 Pagesgiven it supports slavery and aggressive war far. Thoreau thoughts of the government stepping up to abolish slavery and have equal rights for all was a myth. The reality thought by Henry is to protest and stand up for what you believe is right even if you have to spend a night in jail. Many like experiences were used by Thoreau to model his thoughts and ability to make changes without following the hideous ways of the government. His thoughts as time went on and no changes by the government to positivelyRead More Neal Stephensons Snow Crash Essay example1575 Words   |  7 PagesOur society has grown and expanded and has become extremely powerful because of new technologies. People are learning how to use computers in place of their tasks. The Internet is a prime example is of expanding technology. One can obtain yesterdays and todays news, listen to music, talk to a friend over seas, view pornography, and countless other things in the privacy of ones home via the Internet. There is no way to really regulate what is on the Internet. Essentially, the government has no placeRead More Postman: Rant or Reason? Essay1694 Words   |  7 PagesPostman describes to the reader, in detail, the immediate and future dangers of television. The arguement starts out in a logical manner, explaining first the differences between todays media-driven society, and yesterdays typographic America. Postman goes on to discuss in the second half of his book the effects of todays media, politics on television, religion on television, and finally televised educational programs. All, he says, are making a detrimental imprint on our society, its values, andRead MoreMonte Carlo Simulation : A Computerized Mathematical Technique1932 Words   |  8 Pagesof an asset, such as a stock is: Today’s Stock Price= Yesterday’s Stock Price x er r=periodic daily return, the rate that the asset increased or decreased that day. Because the rate of return on an asset is a random number, to model the movement to determine possible future values, a formula is needed that model random movements. This was first done about 100 years ago by Louis Bachelier who first applied the Brownian Motion; a formula used to model random movements and physics to the movementRead MorePersonal Mastery Is A Lifelong Discipline, Learning, And Systems Thinking1927 Words   |  8 Pagesand integrated into our lives. The five disciplines are Personal Mastery, Mental Models, Building Shared Vision, Team Learning, and Systems Thinking (Senge, 1990). Personal mastery is a lifelong discipline; it is a special level of understanding in personal growth and learning. Personal mastery demands of us that we continually make clear what is truly important to us and continually practice seeing current reality as it truly is (Senge, 1990, p. 141). Too often we become trapped in thinking aboutRead MoreCompeting for the Future9005 Words   |  37 Pagesindustry status quo than protecting it? Ask yourself: Is senior management fully alert to the dangers posed by new, unconventional rivals? Are potential threats to the current business model widely understood? Do senior executives possess a keen sense of urgency about the need to reinvent the current business model? Is the task of regenerating core strategies receiving as much top management attention as the task of reengineering core processes? Ask yourself: Is my company pursuing growth and newRead MoreWalking in the City Essay4064 Words   |  17 Pagesvision. The gigantic mass is immo bilized before the eyes. It is transformed into a texturology in which extremes coincide – extremes of ambition and degradation, brutal oppositions of races and styles, contrasts between yesterday’s buildings, already transformed into trash cans, and today’s urban irruptions that block out its space. Unlike Rome, New York has never learned the art of growing old by playing on all its pasts. Its present invents itself, from hour to hour, in the act of throwing away its previous

Robert Cialdini And His Colleagues Essay - 1749 Words

Robert Cialdini and his colleagues (1976) introduced and formalized the social psychological phenomenon called basking in reflected glory (BIRG), recognizing how individuals tend to increase their identification with a person or group—with whom they share a preexisting ingroup identity—when the latter has succeeded in an endeavor that brings group pride. Social identity theory is typically invoked to explain how the phenomenon is manifested through ingroup affiliation and self-enhancement. Though BIRG as a phenomenon has been found to be replicable across cultures, its determinants and manifestations nonetheless vary cross-culturally. Through the current literature review that aims to integrate the results of previous studies, it is found that the noninstrumental nature of ingroup identification and the increase in association with a successful other are cross-culturally similar. However, the construal of social identity and the achievements that become a source of ingr oup pride are significantly determined by a country’s historical and economic milieu, while the characteristics of self-enhancement (on both ascribed group and self-esteem) are informed by the values and expectations set forth by the culture to which basking individuals belong. Keywords: basking in reflected glory, social identity theory Cross-Cultural Differences in the Determinants and Manifestations of Basking in Reflected Glory It is a common and understandable tendency for people who have beenShow MoreRelatedCrafting Normative Messages Of The Environment Essay1784 Words   |  8 Pagesby Robert B. Cialdini. Where there is an issue of the primary public not seeming to care about the damage being done to the environment, and the public service announcements intended to stop or lessen the damage, has little to no effect. In the scientific paper â€Å"Crafting Normative Messages to Protect the Environment†, a theory is developed to describe the causal reason for why the public is not responding to public service announcements about protecting the environment. Robert B. Cialdini believesRead MoreSocial Psychology, The Social Identity1492 Words   |  6 Pagespsychological phenomenon introduced in Robert Cialdini and his colleagues’ (1976) research: basking in reflected glory (BIRG). As reflected in the opening quote, individuals are able to emphasize their affiliation with successful others, leading to the reinforcement of ingroup identifications shared with achieving individuals and the strengthening of one’s self-esteem by basking in the latter’s success (Bizman Yinon 2002; Boen et al, 2002). Basking in Reflected Glory Cialdini et al.’s (1976) classic socialRead MoreThe Act Of Basking And Public Image1127 Words   |  5 PagesIn 1976, Robert Cialdini and his colleagues first defined the concept of â€Å"basking in reflected glory† (BIRGing), the tendency to improve one’s self- and public image by publicly announcing one’s association with another person or group (identification) who has become successful in some endeavor (achievement) even if one is in no way the cause of the other’s success or â€Å"glory†. That is, the act of basking is done through association based on the person and the successful other belonging to the sameRead MoreProject Report On Productivity Improvement1447 Words   |  6 Pagesgratitude to everyone who has encouraged, motivated and guided me to make a fine effort for successful completion of this project. I would like to thank Sunlife Financial for giving me an opportunity to work on this project. I am very thankful my colleagues and managers who helped me throughout the project. Your contributions have been most appreciated. 1. Introduction 5-6 2. Literature Review 7-22 3. Research MethodologyRead More4 Ms of Marketing Essay3050 Words   |  13 Pagescompany then he must going to tell all his friends in his social network to buy the same product and this is called word-to-mouth which is being discussed by Emanuel Rosen in the book marketing guru. This is also known as BUZZ which is most powerful and cheapest tool of marketing (Rosen, Emanuel, 2000). Consider an example from everyday life. Suppose you have your own department store and someone in your department store tells you that one of your colleagues have shifted her soft drink brand fromRead MoreThe Impact of Impression Management on Performance Rating Essay3664 Words   |  15 PagesLITERATURE REVIEW Laura (2006) has stated, â€Å"Professional image is defined as the aggregate of key constituents’ (i.e., clients, bosses, superiors, subordinates and colleagues) perceptions of one’s competence and character†. This definition refers to an externally tilted, public guise based upon reflected appraisals rather than one’s self-image or others’ â€Å"actual† perceptions (Ibarra, 1999; Mead, 1934; Tice Wallace, 2003). Impression management is a common phenomenon in the organizations Read MoreSocial Influence4418 Words   |  18 Pagesthat are being researched in the field of social psychology. For more information, follow the main article links provided. [edit] Kelmans varieties There are three processes of attitude change as defined by Harvard psychologist Herbert Kelman in his 1958 paper in the Journal of Conflict Resolution.[2] The purpose of defining these processes was to help determine the effects of social influence: for example, to separate public conformity (behavior) from private acceptance (personal belief). [edit]Read MorePersuasive Tactics in Marketing Essay2393 Words   |  10 Pages 10 li value=50 Appendix 11 li value=10 Explanation of the two tactics /ol Effective communicators use six principles to get what they want and to influence and shape the behaviour of others, according to Robert B Cialdini, author of Influence: Science and Practice. Each of these principles is governed by a psychological principle that directs human behaviour and gives the users their power. The six principles are reciprocation, consistency and commitment, socialRead MoreUsing Job Satisfaction and Pride as Internal-Marketing Tools5365 Words   |  22 PagesPsychological aspectsCorporate culture​ ManagementOrganizational change​ ManagementJob satisfaction​ MeasurementJob satisfaction​ Psychological aspectsJob satisfaction​ Economic aspectsSales management Employees attitudes and opinions about their colleagues and​ the work environment may make all the difference between workers ​ merely doing a good job and delivering exceptional guest service.​ Increased competition in the hotel industry has caused many​ companies to consider new strategies for gaining

Relationships and Attraction Free Essays

From the beginning on time, being around others makes us feel affiliated. It is human nature to form relationships with people who attract us. As human beings, there has always been a desire to form relationships. We will write a custom essay sample on Relationships and Attraction or any similar topic only for you Order Now The lack of relationships and bonds with other individuals can lead to negative feelings, such as loneliness. In order to figure out the need to form bonds we must analyze the benefits and factors of attraction and relationships. There are six factors that describe attraction. The mere exposure happens when we are around someone or something so much, we grow fond of it. For example, you go to training classes for your new positions for the next 4 weeks. When you are hired you are more likely to hang around the people who sat closest to you during your weeks of training. We are more attracted to individuals who are attractive. In a study that evaluated attraction bias and the effect it had on hiring managers, 112 managers were given four potential candidates resume and pictures to go over. The managers chose candidates who were more attractive (Marlowe, Schneider, Nelson, 1996). We are attracted to individuals that we can relate to. For example, advocates for PETA and a person who works on a slaughter farm are less likely to be associated with each other. Along with being attracted to those we relate to, we are also attracted to individuals we look like. For example, in a room full of Hispanics and Blacks, Hispanics are more likely to mingle with Hispanics; the same with black individuals. We are less likely to befriend someone of another culture because of the factor, we are more attracted to individuals we look like. Feenstra also suggest we like individuals who are had to get because â€Å"they are selective in their social choices† (Feenstra, 2011, Ch. 3. 1, â€Å"We like Those Who Are Hard to Get†). If we can form a bond with this individual, it can possibly boost our self esteem because of the exclusivity of the relationship. Humans are more likely to be attracted to individuals they can benefit from. This involves equity. Equity in relationships is receiving back from your partner what you p ut in. A relationship can be under-benefited or over-benefited. Under-benefited relationships involve someone giving more than receiving; and an over-benefited relationship involves receiving more from your partner than giving (Feenstra,2011). Bonds and relationships are natural instincts we as humans want to have. We have an innate need to belong. The need for frequent positive contact and the need for enduring connections marked by mutual concern for the welfare of the other are two parts of the need to belong theory (Feenstra, 2011). Our social bond, emotions, and fear of deprivation are all connected to our need to belong. Positive emotions stem from relationships we have with others. Not being able to form relationships and bonds with others may lead to negative emotions. Social bonds are formed quickly and easily (Feenstra, 2011). For example, you go to a job interview and before the interview you are waiting with a group of people also waiting to get interviewed. You are more likely to end up talking to someone who is sitting next to you. We need contact and attention from others so that we do not feel deprived. Mental illnesses and depression stem from deprivation. Love is a word that is often spoken, and has many different definitions. For example, I love the Atlanta Falcons versus I am in love with Johnny Depp. There are three types of love. Being in love suggest having a desire for someone. There are three types of love, they include: companionate love, compassionate love, and passionate love. Companionate love involves intimacy and commitment. This love can be described as a love you may have for friends and family members. . Trust and past shared experiences contribute to companionate love. Passionate love describes the â€Å"in love† kind of love and involves desire, emotional arousal, and physical attraction (Feenstra, 2011). For example, a man decides to ask his girlfriend to marry him because he is in love with her. Compassionate love describes the love you may feel for your mother. This love is broken into two parts: communal relationships and exchange relationships. In communal relationships things are done for an individual without expecting something in return. In exchange relationships things are done based on whether or not something will be given in exchange. Communal relationships are ones we more likely will have with our friends and family members. For example, if your child is sick you will take care of him or her regardless if they will give you anything back in return. Communal relationships deal with people who aren’t apart of your close friends and family social circle. In Figure 14. 1, Sternberg’s Triangular Theory of Love distinguishes romantic love from empty love. Sternberg’s theory describes romantic love as passionate and having intimacy . Empty love is described as having only commitment (Feenstra, 2011). Along with these two theories, Sternberg also lists other different components of love. Intimacy, passion, and commitment are all components that make up the kinds of love listed in the table. Intimacy is the closeness you may have with an individual. Its about opening up emotionally and trust. Passion is the emotional desire you have for you partner. Commitments are the decisions we make within relationships. For example, a decision to move to another state along with your partner after they accept a job offers shows your level of commitment to the relationship. We stay healthy by forming bonds with others. When we are deprived we risk depression and other mental illnesses that can have lasting effects on ourselves and others around us. The benefits of relationships show us why we form bonds with other individuals. How to cite Relationships and Attraction, Papers