Monday, May 25, 2020

The Principles Of Communication And Communication Behavior

Letter of Advice Quinton Edwards COM200: Interpersonal Communication Joshua Misner Ph.D. June 27, 2016 It is great to see that you are getting married, but more importantly that you want tips and information on how you can communicate with one another appropriately and sufficiently to make your marriage last. Communication is not just listening and talking, but it involves wanting to maintain a healthy relationship, support on another, and identify with one another. As you continue to read my letter of advice you will see that I will be explain all the things that will help you communicate and not just talk at one another. Communication is a process not just listening and speaking. Explain the principles of and barriers to effective interpersonal communication There are several principles to effective communication and they are: Take responsibility for your communication behavior. Frist, strive to be truthful, accurate, and clear in your communication with others. Secondly, remember that communication involves shared meaning. Each person in an interaction and not just the sender who has an equal responsibility to work toward achieving this mutual understanding and interpretation. Next, you must acknowledge that your view of a situation is only one of many views. We need to take the perspective of other people and consider how their point of view makes sense to them. Then we must respect others as well as yourself. As we communicate we need to strive for win-winShow MoreRelatedEssay on MBA detail course outline1314 Words   |  6 Pages1st Quarter Effective : Spring Quarter 2011 Human Resource Management Finance Accounting Banking Finance †¢ Organizational Communication †¢ Organizational Communication †¢ Organizational Communication †¢ Organizational Communication †¢ Principles of Management †¢ Principles of Management †¢ Principles of Management †¢ Principles of Management †¢ Research Methods †¢ Research Methods †¢ Research Methods †¢ Research Methods †¢ Organization Theory †¢ OrganizationRead MoreDo Actions Speak Louder than Words? Preschool Children’s Use of the Verbal-Nonverbal Consistency Principle during Inconsistent Communications1452 Words   |  6 Pageslouder than words† principle also known as the â€Å"verbal nonverbal consistency† principle to process information where verbal cues contradict nonverbal ques. Three through five year olds were shown a video where an actor drank a beverage and made a verbal statement (ex. I like it) that was inconsistent with her emotional expression (ex. frowning). The children were then asked whether or not the actor liked or disliked the beverage. If children used the verbal nonverbal consistency principle, they shouldRead MoreObservation of a Non-Certified Satff Member Implement a Program Designed by a Behavior Analyst1651 Words   |  7 Pagesobserve a non-certified staff member implement a program designed by a behavior analyst. Ethical issues that were observed, or potential et hical issues that could arise will be discussed and how they relate to the Behavior Analyst Certification Board’s (BACB) ethical guidelines. Following the discussion of ethical situations will be possible solutions to prevent ethical dilemmas from occurring while practicing as a behavior analyst. Finally, this paper will conclude with the observer’s personalRead MoreApplied Behavioral Analysis993 Words   |  4 PagesAnalysis Introduction Behavior Analysis emphasizes on the values and principles that explain the process of learning through the development of human beings. Behavior analysis represents scientific approach that understands behavior within the context of occurrence. One of the principles of how learning occurs is positive reinforcement. In the process of implementing reward after behavior, there is a possibility of repetition of the action in the future. Applied behavior analysis (ABA) refers toRead MoreThe Attributes Of Managing Organizational Behavior1173 Words   |  5 Pagesorganizational behavior. This paper articulate an effective leadership approach from a biblical perspective. This paper describe core attributes and their roles for managing behavior. This paper presents linkage and support form scripture in the Bible. I have integrate biblical principles about leaders and leadership behavior. Lastly, this paper presents the distinctions from popular models in purpose and perceptive. My paper wil l discuss my beliefs on managing organizational behavior from experiencesRead MoreCommunication and Professional Relationships with Children, Young People, and Adults891 Words   |  4 PagesCommunication and Professional Relationships: One of the most important roles of teachers is helping children to develop positive relationships with others. For children, this process involves learning cognitive skills while at school and learning how to work and play in collaboration with others. In order for teachers to pass skills on communication and professional relationships with children, young people, and adults; they should be good role models. This involves demonstrating an understandingRead MoreDear Sacramento Chinese Community Service Center,. I Have1409 Words   |  6 PagesDear Sacramento Chinese Community Service Center, I have been recently taking an interpersonal communication course and have discovered a great deal of information that I believe can be extremely beneficial to our agency’s communication effectiveness. I invite you all to think back to one of our previous meetings, do you recall any of the following? A lack of eye contact, a lack of enthusiasm, and frustrated looks on faces? How about an overall sense of discontent so much so that people are disengagedRead MoreThe Ethics Of The Treadway Commission ( Coso )984 Words   |  4 PagesBusiness ethics refers to a code of morals that specify what form of conduct is expected from an individual. For that reason was established a Code of Professional Conduct which provides the set of principles to guide members of an organization in performing their duties in professional and accountable way. Every member of an organization from top to bottom is responsible to act in an ethical way. Members of the company very often get involved in mi sconduct when management sets up unrealistic objectivesRead MoreUsing The Internet And E Mail1010 Words   |  5 Pagescell phone has many benefits and can make workplace communication more efficient and effective. Therefore, employees are encouraged to use the Internet and e-mail systems appropriately. Unacceptable use of the Internet and e-mail can place the company and others at risk. The policy outlines the company’s guidelines for acceptable use of the Internet and e-mail Problem Statement Electronic communications has become the most popular communication practice in the professional environment, because ofRead MoreCommunication : Understanding Interpersonal Communication1554 Words   |  7 PagesI. Introduction AND Thesis Statement Communication is the number one key in a relationship, especially when you re talking about marriage. I would like to take this moment to say congratulation on your recent marriage. I want to tell you that communication helps build a healthy personal foundation by implementing small talk in helping resolve conflicts through growth and helps reduce any barriers that prevent you from having a happy, successful marriage. Remember that no one is perfect at communicating

Friday, May 15, 2020

Discuss how the six macro-environments (demographic,...

Discuss how the six macro-environments (demographic, economic, natural, technological, political, and social/cultural) forces may affect the marketing of a drink or food company. Companies and their suppliers, marketing intermediaries, customers, competitors, and publics all operate in a macro-environment of forces and trends that shape opportunities and pose threats. Within the rapidly changing global picture, the firm must monitor six major forces: demographic, economic, natural, technological, political-legal, and social-cultural. Although described separately, marketers must pay attention to their interactions, because these will lead to new opportunities and threats. Demographic Environment In the demographic environment, marketers†¦show more content†¦This creates a large market for pollution-control solutions, such as scrubbers, recycling centers, and landfill systems. Changing role of governments: governments vary in their concern and efforts to promote a clean environment. Many poor nations are doing little about pollution, largely because they lack the funds or the political will. Richer nations are able to help the poorer nations control their pollution, but even the richer nations today lack the necessary funds. For Pepsi-Cola, the packaging of Pepsi is closely related to the natural environment. If litter and solid waste problems continue to plague nations, a bottle bill might be passed, resulting in Pepsi available only in returnable bottles. If this is imposed, additional costs will be tied to it. Technological Environment This is one of the most dramatic forces shaping peoples lives. The economys growth rate is affected by how many major new technologies are discovered. New technology also creates major long-run consequences that are not always foreseeable. Therefore, the marketer should monitor the following trends in technology: the pace of change, the opportunities for innovation, varying RD budgets, and increased regulation. Accelerating pace of change: many of todays common products were not available 40 years ago. An increasing number of ideas are being worked on, and the time between the appearance of new ideas and their successfulShow MoreRelatedLodging Inductry24737 Words   |  99 PagesCHAPTER 1 Introduction: Marketing for Hospitality and Tourism CHAPTER OVERVIEW This chapter begins by explaining the business philosophy of marketing. Marketing is not a function that is only carried out by the marketing department, but rather a way of doing business. The main focus of marketing is the customer; this customer orientation must be integrated throughout the organization. Next is a discussion of how customer satisfaction leading to profits is the central goal of hospitalityRead MoreComment on How Changes in Macro and Market Environment Forces Impact on the Level of Competition in an Industry.18606 Words   |  75 Pages PART 2 Marketing Analysis 3 4 5 6 7 8 The marketing environment Understanding consumer behaviour Understanding organizational buying behaviour Understanding marketing ethics and corporate social responsibility Marketing research and information systems Market segmentation and positioning 72 108 145 180 216 259 CHAPTER â€Å" Change is the only constant. 3 1 2 3 4 5 A. TOFFLER † The marketing environment LEARNING OBJECTIVES After reading this chapter, you should be able to: describeRead MoreCarlsbergs Strategic Analysis15976 Words   |  64 Pages10 2.5.4 Criticism of sources 10 3 Internal Analysis 11 3.1 Company Introduction 11 3.2 Carlsberg’s Vision and Objectives 11 3.3 Organizational Structure 12 3.3.1 New Organization structure 13 3.3.2 The Supervisory and the Executive Board 13 3.4 Value Chain 15 3.4.1 Primary activities 15 3.4.2 Support activities 16 3.5 Financial analysis 18 3.6 BCG matrix 21 4 External Analysis 23 4.1 Porter’s 5 Forces 23 4.1.1 Competitive rivalry 23 4.1.2 Bargaining Power of SuppliersRead MoreCarlsbergs Strategic Analysis15964 Words   |  64 Pages5.4 Criticism of sources 10 3 Internal Analysis 11 3.1 Company Introduction 11 3.2 Carlsberg’s Vision and Objectives 11 3.3 Organizational Structure 12 3.3.1 New Organization structure 13 3.3.2 The Supervisory and the Executive Board 13 3.4 Value Chain 15 3.4.1 Primary activities 15 3.4.2 Support activities 16 3.5 Financial analysis 18 3.6 BCG matrix 21 4 External Analysis 23 4.1 Porter’s 5 Forces 23 4.1.1 Competitive rivalry 23 4.1.2 Bargaining PowerRead MoreStandardisation and Adaptation Within International Marketing Context24708 Words   |  99 PagesTHE UNIVERSITY OF HULL Integration of Standardisation and Adaptation Marketing Mix Strategy Reference to Shiseido Company in UK and China Being a Dissertation submitted in partial fulfilment of the requirements for the Degree of Master of Business Administration (General) in the University of Hull by Ai Jun Hou , BA (Honours) (April 20, 2001) Acknowledgement This dissertation reflects the contribution and insights of many people. I shall take the opportunity to thank the followingRead MoreMarketing Exam Preparation for Monash Diploma 2 Students9515 Words   |  39 PagesExam Preparation MCD 2050 Marketing Section A – Long Essay (4o marks) It will have a quite from Phillip Kotler – don’t even read the friggin’ quote Read the bit below the quote, it will have something like this: A. What customer value is (3.5 marks) – page 7 in the textbook B. How marketing creates and deliver values (3o marks) * Start with market research the idea of giving data about consumer behavior * Why do we need marketing research * 3 main sources of information Read MoreMarketing Exam Preparation for Monash Diploma 2 Students9523 Words   |  39 PagesExam Preparation MCD 2050 Marketing Section A – Long Essay (4o marks) It will have a quite from Phillip Kotler – don’t even read the friggin’ quote Read the bit below the quote, it will have something like this: A. What customer value is (3.5 marks) – page 7 in the textbook B. How marketing creates and deliver values (3o marks) * Start with market research the idea of giving data about consumer behavior * Why do we need marketing research * 3 main sources of information Read MoreConsumer Behavior Essay15664 Words   |  63 PagesWhat is opinion leadership? Q2. (a) What are the strengths and weaknesses of motivational research? Q2. (b) What is social class? Q3. (a) What is the relationship between Brand loyalty and brand equity? What role do concepts play in the development of marketing strategies? Q3. (b) Sony is introducing a new 27- inch TV with a picture- in- picture feature. How should the company position and advertise the product to (i) Generation- X Consumers (ii) Affluent’ baby boomers. Q4. (a): Are there anyRead MoreInternational Management67196 Words   |  269 PagesPublished by McGraw-Hill, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY 10020. Copyright  © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Previous editions  © 2009, 2006, and 2003. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written consent of The McGraw-Hill Companies, Inc., including, but not limited to, in any network or otherRead MoreAirheads Business Analysis Essay34215 Words   |  137 PagesIndustry Life Cycle 11 Trend 12 Key Competitors 12 Pest Analysis 13 Exhibit 1: Factors of the PEST Analysis 14 Political and Legal Factors 14 Economic Factors 16 Socio-Cultural Factors 20 Technological Factors 21 PEST Analysis Conclusion 22 Porter’s Five Forces 24 Threat of New Entrants 24 Exhibit 2: Barriers to Entry Checklist 24 New Entrants Conclusion 26 Threat of Substitutes

Wednesday, May 6, 2020

Liability Liability And Liability - 1681 Words

Liability has to do with the responsibility of one party, group or organization to another. Usually it deals with financial compensation. Liability may not always come from some intentional action or negligence. Sometimes liability can even be a way to keep peace between different parties rather than an injured party taking more serious action. The affixing of liability may have been enacted as a peace keeping intuitive. In law a person can be liable she or he is financially or legally responsible for something. Liability can be covered by insurance and can be imposed jointly. There is some different forms of liability such as vicarious liability which is the responsibility of an employer to compensate for the behavior and actions of a worker or an employee. You have strict liability which is for people who perform certain task such as working in ultra-hazardous types of work like high explosives. In strict liability those engaging in these actions are responsible for injury without the need for inquiry. Under strict liability there is no need to provide proof, negligence or intention. Limited liability is when business owners are legally and financially responsible for nothing more than the amount they have contributed to a particular venture. If a bank or business goes bankrupt an owner who has limited liability they will not lose unrelated assets like a home. Manufactures liability is a legal concept in many nations that shows the fact that producers of a products have aShow MoreRelatedLiabilities944 Words   |  4 PagesLiabilities The role of a liability and what it means to the business as a whole is different for every business. What remains the same is the definition. A liability is a company’s legal debts or obligations that arise during the course of business operations and is recorded on the balance sheet. Liabilities can include many things to a business, such as, loans, accounts payable, mortgages, accrued expenses, etc. All the named liability accounts are just fancy for any money or service that isRead MoreCurrent Liabilities and Contingencies2104 Words   |  9 Pages11 Current Liabilities, Contingencies Provisions Required Reading: Alfredson – Chap 5, Keiso – Chaps 13, IAS 37 Learning Objectives 1. CURRENT LIABILITIES: – Define and explain types of current liabilities. – Account for the major types 2. IAS 37 PROVISIONS CONTINGENCIES – Define Provisions and answer the following questions: †¢ †¢ †¢ Why do them When to provide How much to provide – Calculate and account for Restructuring Provisions – Define Contingent Assets Liabilities and applyRead MoreCurrent And Long Term Liabilities1504 Words   |  7 Pagesis to make profits, but understanding how to manage both current and long-term liabilities will insure an organizations success. A liability is a debt incurred by a business that must be repaid. There are current liabilities, which need to be repaid within one year and there are long-term liabilities that are repaid over a period of time longer than a year. A business needs money to operate, and by incurring liabilities it gives a business the extra money or assets that are needed to extend the operationalRead MoreLimited Liability And Unlimited Liability1686 Words   |  7 PagesLimited liability is a socialist market economy terminology, generally referred to in the economic field. Limited liability and unlimited liability is relative, the two investors to assume its responsibility in the form of de bt-funded enterprises. The so-called limited liability that is limited repayment liability means investors only invest their own capital to the business enterprise debt repayment bear responsibility, insolvency, excess liability form part of its natural exempt. Limited liabilityRead MoreAsset Liability Management in Banks2021 Words   |  9 Pages5 Asset and Liability Management (ALM) 29. There are different organizational and governance models that guide the management of bank asset and liability activities. The models reflect fundamentally different risk philosophies that tend to evolve with the growing sophistication and depth of financial markets together with the position and activities undertaken by a bank in the market. The terms ‘ALM unit’ and ‘treasury unit’, can be confusing as they are often used by organizations who assignRead MoreVicarious Liability1503 Words   |  7 PagesSeminar 7 Vicarious Liability The problem question deals mainly with the issue of Vicarious Liability and Negligence. In order to advise Jerry one would have to explore the rules of vicarious liability, relevant statute law and case law which may apply. Vicarious liability has been defined as the person who commits a wrong must be an employee and not an independent contractor, the employee must have committed a tort and the tort must have been in the course of employment. The doctrine of ‘vicariousRead MoreBalance Sheet and Current Liabilities8274 Words   |  34 PagesCh8 Student: ___________________________________________________________________________ 1. Delta, Northwest, and United Airlines have all, at one time, filed for bankruptcy. True 2. In a classified balance sheet, we categorize all liabilities as current. True 3. False A line of credit is an informal agreement that permits a company to borrow up to a prearranged limit without having to follow formal loan procedures and paperwork. True 9. False We record interest expense in the period inRead MoreVicarious Liability4718 Words   |  19 Pagessubmitted to prof. manjula batra | LAW OF TORTS PROJECT | VICARIOUS LIABILITY | | | SUBMITTED BY:VAIBHAV PRATAP SINGHFIRST SEMEMSTER, 2012BA., LL.B. (HONS.) | | ACKNOWLEDGEMENT I would take this opportunity to thank the people who helped me in making this project which has been a learning experience. In that endeavour, first and foremost I would express my gratitude toward my professor of Law of Torts Ms Manjula Batra. Her immense knowledge and teaching skills along with her helping dispositionRead MoreProfessional Liability And Legal Liability Insurance911 Words   |  4 PagesThe profession that I have chosen to concentrate on is that of a personal trainer, specifically issues concerning liability insurance. Personal trainers provide direction and supervision to clients within the realm sports and exercise realm. The chosen place of employment is often work out facilities. It may also include working with clients at other locations, such as the client or trainer’s homes. Personal trainers work both as employees and as independent contractors. I think that I wouldRead MoreBalance Sheet and Assets B. Liabilities1126 Words   |  5 Pagesworld -class business. Which student is correct? A. Both B. Student A only C. Neither D. Student B only 3. Which of the following represents the basic accounting equation? A. Owners Equity − Liabilities = Assets B. Liabilities = Assets + Owners Equity C. Assets = Liabilities + Owners Equity D. Assets + Liabilities = Owners Equity 4. Nearly a week before Hurricane Katrina reached New Orleans, Wal-Mart began moving trucks and supplies into position, as specified in the company s ________ plan.

Tuesday, May 5, 2020

Singapore Macroeconomic Analysis 2005-2014-Samples for Students

Question: Discuss about the Singapore Macroeconomic Analysis 2005-2014. Answer: Introduction Singapore is an island country located in Southern Asia between Malaysia and Indonesia. Its size is 697 sq km with 10 sq km being covered by water and the rest by land (Cia.gov, 2017). This economys population is approximately 5.8 million. The economy has strong trade links and is a major tourist destination. It has many natural and artificial features that has contributed to its improved demand for tourism activities. The improvements in the transportation sector has improved the trading networks with other major trading economies. This economy has the busiest port in the world (the Singapore port); the number of containers handled in this port are many in comparison to other major ports. This economy has been experiencing growth in the current years owing to the improved performance in the manufacturing sector attributed to increased external demand (FocusEconomics, 2017). Production Output Performance Analysis Singapore Real GDP The definition of GDP provided by many scholarly articles and many economists is that it is a monetary value of everything a country produces in the given year. Its measure of economic growth is that it is an important true for deriving the real growth rate and the GDP per capita. The higher the real GDP, the higher the GDP per capita if there is no variation in the population change. It is referred to as real GDP when it is in the constant prices; meaning that it is estimated with a basis of a set year price. This ensures that a change in prices does not cause a change in GDP that cannot be compared with the other years. Fig: Real GDP for Singapore The total monetary value of all goods produced within the Singapore boundaries for the 10 years is presented in the graph above and is expressed into real terms. The trend line is derived to show the direction in which production is taking, in the graph, the real GDP can be argued to have gone up from 2005 to 2014. The increase have been recorded every year except in 2009; this is because there was a global financial crisis during this period which led to contraction of economies. Singapore was not much affected by the GFC as there was an increase in the value of production if the subsequent years. Singapore Real GDP Growth Rate The economy grows at different rate every year. It is nearly impossible for an economy to experience an equal growth rate for two consecutive periods. The economic situations are different every year and this explains the existing differences. Real GDP growth rate is thus a measure of the changes in the Real GDP from a period to another. It measures the economic performance in that it helps the policy makers and the interested parties to determine whether the economy is contracting or expanding. Also when the economy is expanding, it helps determine whether this is at an increasing or decreasing rate. A healthy economy should be experiencing a periodical increasing growth rate which is at an increasing rate. Fig: Singapore real GDP growth rate The real GDP growth rate for Singapore was very impressive from 2005 to 2007; an observation from the graph above can reveal an increasing growth rate during this three years. There was a sharp decline in the growth rate in 2008 and a continued fall in 2009 where the economys growth rate was less than zero. The negative growth rate coupled with the fact that the rate had fallen for two consecutive periods is an explanation that Singapore was in a recession in 2009. The recession did not last for long as a positive growth rate (highest level ever; more than 1.5 time the high level recorded in 2007) was recorded. This was good for this economy but was not sustained as there was a more than a half decline in 2011. The rate continues to fall and the lowest rate since the recovery was achieved in 2010 got recorded in 2014. On average, the Singaporean real GDP growth rate fell in this 10 year period as shown by the trend line. Singapore Real GDP per Capita It is the division of the Real GDP value for an economy by its population that we arrive at the real GDP per capita. It thus shows the worth of each individual in the given economy. It is used in the estimation of economic growth as an economys health is also determined by the living standards of its citizens. A heathy economy is expected to have a higher standards of living. Fig: Singapore vs Seychelles Real GDP per Capita comparison The real GDP per capita for Singapore as shown in the graph above represented by the orange clolour in the legend has exhibited a positive growth over the 10 year period. It went up before 2008 and 2009, fell during the two years, but continued rising after the recovery in 2010. In 2009 when the real GDP was falling, the lowest real GDP per capita was experienced in Singapore. However, even though there is growth in the real GDP per capita, the growth rate is too slow since the change is not big. A comparison with Seychelles economy represented by the blue colour in the legend shows that, Seychelles standards of living are better than for Singapore. The trend is also rising and also experienced the same decline in 2008 and 2009. Governments Measures GDP The success of improvement in Singapores real GDP is attributed to support given by the government on business entrepreneurship. Through the promotion Singapores industries to be highly technologically based, its industries have become more competitive and a source for cheap labour. The government has improved its transportation system so as to facilitate the movement of goods and services to the markets both internally and externally. The government has also promoted the growth and development of its service and tourism industries. Trade has a significant contribution to its real GDP and thus to promote trade, the government supports the ASEAN Free Trade Area (AFTA) and also the maintenance of membership with many regional organizations. Labour Market Analysis Unemployment Types The global definition of unemployment is under three conditions according to Stats.mom.gov.sg (2016); one is that it includes only those who have no jobs, second these people must have been actively looking for a job, and lastly they must be willing to take any job offered to them. Unemployment have different causes which results in different categorization of unemployment types based on the causes. One of the causes is the presence of business cycles; this category is the cyclical unemployment. It is dependent on the performances by the businesses in an economy. In a period of slow economic growth such as during a recession, the unemployment rate rises; businesses contraction results in the cut on the number of workers since demand in the economy falls making the businesses to produce less. The second cause is the technological advancements; this category is the structural unemployment. It is dependent on the structural changes resulting from technological advancements. Workers who are not able to keep up with the advancing technology are laid off. New technology demands unique skills that may not be held by all the workers. Unless these workers find another job matching their current skills, the may be forced to acquire the demanded skills or to remain unfit for the available job vacancies. According to Feng (2015), structural unemployment is evident in Singapore as there exist unfilled job vacancies annually. The third cause is the information asymmetry; this is the frictional unemployment category. It is dependent on the information on job vacancies presented to the job seekers, and the information on the suitability of a job seeker to the employers. The labor markets are not efficient in informing all the job seekers of the available jobs (Tucker, 2008). Some people lack the means of receiving such information and may take time before accessing it. Unemployment Trend in Singapore Fig: Unemployment in Singapore The falling Singaporean unemployment trend observed in the graph above is an indicator that there is improvements in its labor market. The unemployment rate was highest in 2005 and fell continuously for the next two years. It rose for the next two years (2008 and 2009). The rate fell in 2010 and continued declining until 2013, but a small rise was observed in 2014. Government Measures Unemployment The government has ensured the presence of various organizations that facilitate the matching of jobs at the lowest time possible for example the Community Development Council (CDC). It has also ensured a strong networking of companies in order to control frictional unemployment by improving the accessibility of information; this is facilitated by Singapore Workforce Development Agency (WDA) (Jie, 2017). He also noted that Employment Employability Institute (E2I) and the WDA runs programs to upgrade workers skills; this controls structural unemployment. Seow (2016) also noted that the government formulated a program for career support for the workers under 40 years looking for a job. Price Level Analysis Inflation Trend in Singapore Inflation is a major concern since it is not good for an economy. It is a loss in the purchasing power for an economys currency owing to an increased general price level. During an inflation, the income held cannot buy the same amount of goods as it could before the inflation; it thus causes the standard of living to fall as households are force to spend more income to buy less goods. Fig: Singapore Inflation rate A rising trend of Singaporean inflation rate is observed in the graph above. Very low inflation rate is as bad to the economy as high inflation rate. The lowest inflation rate for Singapore was present in 2005 and rose for the next three years. The inflation rate in Singapore was very high in 2008 for the 10 year period. A low rate closer to that recorded in 2005 was recorded in 2009. The rate went up in the next two years but started falling again in 2012. Since 2011, the Singaporean inflation rate was on a falling trend till 2014. For the 10 years period, the economy experienced high inflation rate in the last 5 years. Causes of Inflation Inflation is caused by both the demand and supply forces. The demand forces are stimulated by the government expansionary monetary policies. For instance the increase in money supply by the governments bank results in increased money in the circulation and thus the households income expands. The households demand goes up creating an excessive demand which pushes up the price level. On the other hand, the supply forces are stimulated by the increase price of output resulting from an increased price of raw materials. The higher the costs of production, the higher the price of outputs. Government Measures Inflation During the periods when inflation rate in Singapore was high, the government implemented the policy of allowing its currency to appreciate so as to ensure tightening of the monetary policy (Mof.gov.sg, 2012). This was aimed to curb demand-led or imported inflation e.g. on food. Inflation is noted to result mainly on food, accommodation and transportation. The government has also introduced policies to supply build-on-order flats and other private residential houses to curb the rising housing prices (Kit, 2016). Conclusion Since the GFC, Singapore economys real growth rate has been too low; its only in 2010 when the growth rate was extremely impressive. It is as if the policy implemented in 2009 to stimulate growth were not sustainable for this economy from 2011 to 2014. However the policies can be argued to have worked effectively to bring massive growth in 2010. The real GDP for Singapore has been rising even though its GDP growth rate has been falling. The positive low records made is an explanation that Singapore is growing at a decreasing rate. All the macroeconomic indicator have one thing in common; there was a poor performance in 2008-09. All the indicators are interrelated; it can be observed that similar movement were recorded in the 10 year period. Finally it can be concluded that the Singaporean economy does not have a good economic performance. Even with some indicators like unemployment rate performing well, the rate is still too high and the decline is insignificance. Therefore, a health y economy can be argued to a country whose all the macroeconomic indicators records a positive desired movement Bibliography Cia.gov. (2017). The World Factbook Central Intelligence Agency. Cia.gov. Retrieved 14 August 2017, from https://www.cia.gov/library/publications/the-world-factbook/geos/sn.html. Feng, Y. (2015). Unemployment Rate in Singapore. DollarsAndSense.sg. Retrieved 15 August 2017, from https://dollarsandsense.sg/unemployment-rate-in-singapore/. FocusEconomics. (2017). Singapore Economic Outlook. FocusEconomics. Retrieved 14 August 2017, from https://www.focus-economics.com/countries/singapore. Heritage.org. (2017). Singapore Economy: Population, GDP, Inflation, Business, Trade, FDI, Corruption. Heritage.org. Retrieved 15 August 2017, from https://www.heritage.org/index/country/singapore. Imf.org. (2017). Report for Selected Countries and Subjects. Imf.org. Retrieved 14 August 2017, from https://www.imf.org/external/pubs/ft/weo/2016/02/weodata/weorept.aspx?pr.x=68pr.y=14sy=2005ey=2014scsm=1ssd=1sort=countryds=.br=1c=718%2C576s=NGDPRPCgrp=0a=. Jie, W. (2017). Measure to Reduce Unemployment. Scribd. Retrieved 15 August 2017, from https://www.scribd.com/doc/56052178/Measure-to-Reduce-Unemployment. Kit, T. (2016). Breaking Singapore's record streak of negative inflation: 5 key questions. Channel NewsAsia. Retrieved 16 August 2017, from https://www.channelnewsasia.com/news/business/breaking-singapore-s-record-streak-of-negative-inflation-5-key-q-7656780. Mof.gov.sg. (2012). Government Measures to Contain Rising Costs and Help Lower Income Group. Mof.gov.sg. Retrieved 15 August 2017, from https://www.mof.gov.sg/news-reader/articleid/325/parentId/59/year/2012?category=Parliamentary%20Replies. Seow, J. (2016). Parliament: New measures to help unemployed Singaporeans and employers who take them on. The Straits Times. Retrieved 15 August 2017, from https://www.straitstimes.com/singapore/manpower/new-measures-to-help-unemployed-singaporeans-and-employers-who-take-them-on. Stats.mom.gov.sg. (2016). Unemployment. Stats.mom.gov.sg. Retrieved 15 August 2017, from https://stats.mom.gov.sg/SL/Pages/Unemployment-FAQs.aspx?Flag=2Category=FAQ. Tucker, B. (2008). Survey of economics. Mason, OH: South-Western Cengage Learning.