Educational Pension Investments Case Study – Individual Assignment Question #1: What are the sources of conflict in this case? Personal Differences. In this case, Dan Richardson, a partner in Educational Pension Investments (EPI), founded EPI with a philosophy of maintaining low-risk investment portfolios with moderate income; a philosophy that has been in place for 50 years. This risk adverse philosophy found Dan considering the merits of a more aggressive investment approach to offset the fact that EPI’s growth has not kept pace with other investment opportunities. (Whetten & Cameron, 2011) Enter Dan’s longtime friend Mike Roth. Mike, an investment broker with a track record of using an aggressive philosophy to grow a brokerage firm …show more content…
How effective was each? Approach #1: Forcing. “The forcing response … is an attempt to satisfy one’s needs at the expense of the needs of the other individual” through the use of “formal authority, physical threats, manipulation ploys, or by ignoring the claims of the other party.” (Whetten & Cameron, 2011) Tom Watson, a partner at EDI, approached Dan regarding the conflict caused by Mike’s aggressive approaches. On behalf of the other partners, Tom informed Dan that “Mike must either conform to [EDI’s conservative] philosophy and management practices of the organization or else resign.” (Whetten & Cameron, 2011) Tom and his fellow partners are, in a sense, attempting to strong-arm Dan into taking action against Mike. Regardless of Mike’s decision to conform or resign, the partner’s remain firm in engaging a conservative investment strategy. The effectiveness of the forcing approach was not successful because Mike doesn’t want to conform to EDI’s conservative philosophy and continues to push his aggressive approach to reach greater returns for EDI. Had the forcing approach been between Dan and Mike, and not Tom and Dan, Mike would have most likely quit the
This paper explores the characteristics of traditional and Roth IRAs, as well as the similarities and differences between both. The main characteristic of both IRAs is that both are considered tax shelters—a way for individuals to receive reduced tax liability by decreasing one’s taxable income. Traditional IRA’s are called “deductible” because contributions made with earned income, up to specified limits, are fully or partially deductible from income depending upon factors such as adjusted gross income and filing status. Upon withdrawal, the money is then taxed as ordinary income. Roth IRAs are the antithesis—the money that you contribute here is already taxed at your marginal tax rate and the withdrawals are generally not taxed. Only money that is considered investment income is taxed. Because of the income limits of Roth IRAs, some individuals choose first to contribute to traditional IRAs or employer-sponsored programs and subsequently convert to a Roth IRA. For younger individuals with lower incomes, Roth IRAs seem to be the better choice based on the below research. The money is taxed at a lower rate and then contributed. As one ages, tax rates are probable to rise and the cost of contributing increases as a result. Saving in full measure, below the legal limit and beginning this process at a young age seems the best option for a enjoyable retirement in years to come.
Funds of knowledge goes hand in hand with inclusivity. The more you know and understand a students’ life outside of school, the more you can incorporate it into their education to forth bring their best learning abilities. The fundamental element for enabling us to apply the concept in our own teaching strategies is noticing and observing. Funds of knowledge means to engage in a student’s life outside of school in order to fathom skills and knowledge they have assembled from their household and other community resources. Through noticing and observing, we develop innovations in teaching that draw from these skills and knowledge (Moll 2016, p.71). Moll (2016) states, regular classrooms seem encapsulated from the social worlds & resources of
push the other party to make a confession of the truth to a matter if one does not wish to do.
Levy, Nathan. "Strategy shift; relaxed mind-set in Austin, Texas, moves toward economic success." Washington Times [Washington, DC] 10 Nov. 2003: C17. Opposing Viewpoints in Context. Web. 20 July 2014.
At what point do we say enough? Most of us can agree, these days the cost to attend some four-year universities can be extremely overwhelming. What exactly are students paying for anyways? There are many higher education videos and articles available to date in any college library, which ask this exact same question. I believe that if the powers that be cared more about the benefits and quality of higher education than they did about lining their own pockets, the cost of going to college would be considerably more affordable.
The political analysis of an organization begins with the identification of the stakeholders “groups that have a shared ‘stake’ that is affected by what the organization is and how it carries out its activities (Ancona et al., 2005: M-2, 35)” The CEO of Dynacorp is ultimately responsible for the turnaround of the company and its success versus its competition. The front end of the company is divided into three geographic areas. Carl Greystone, Executive Vice President of US Customer Operations, manages the largest of the geographic areas (Dynacorp Revisited, 2005: M-2, 86-87). The geographic areas are divided further into regions; Ben Walker is a Vice President overseeing the Northeast Region and reports to Greystone (Dynacorp Revisited, 2005: M-2, 87).
There are extensive studies on retirement covering education in general. The findings suggest that education is an important factor in affecting retirement planning preparedness (Hogarth, 1985; Joo&Pauwels, 2002). Education enables individuals to explore more information relating to their retirement planning and that sources of information will influence their decisions, attitude and intention to do retirement planning (Hogarth, 1985; Joo&Pauwels, 2002). Also, DeVaney (1995) addressed that the effect of education level may serve as a motivator or guidance for individuals to start the preparation for retirement planning. With the increase in age and educational level, individual tends to be more motivated to work on retirement planning preparation or take some action for their retirement (DeVaney, 1995).
I end this essay by saying, it can be said that there are a few utilitarian individuals who would disagree with the stance that Peter Singer has taken based on the fact that individuals and other bodies cannot be expected to give more than they able to. Despite comparing their generosity with other funds it should be noted that it is these same investments that are more likely to provide the financial stability for them to continue their generous donations. A change in the individual mindset will also take time to accomplish and thus cannot be expected to take effect overnight.
The Canadian Pension Plan (CPP) helps people who are planning to go into retirement. However, some people going into retirement will face problematic issues and will lead to anxiety and depression. Marxism is an economic power and material wealth create a situation of natural competition between different classes in society. The millennials and the baby boomers clashing at work because it's not easy to get jobs in the field where it may be in because the employers want employees who are proficient in the work. Millennials may be young urban and educated that but it is easier to have employees who have the experience and skills, the baby boomers. The retirement of the baby boomers represents a challenge and response theory. A theory, in which every society faces an initial challenge posed by its environment. External factors such as Population changes. While the baby boomers may have a higher life expectancy due to the advancement in technology of the impact of medical research sooner or later there is going to be a need to replace them in terms of jobs, paying of taxes, and other reasons to keep society functioning normal. Therefore, this conflict propels change to the economic system and in society as a
... getting emotional. However, he acknowledges that experience has helped him to avoid situations where he would make these mistakes and to be more cognizant of how and when these mistakes occur. Overall, Mr. Dinino and KBD Investments are excellent examples of how power, influence and negotiation can lead to success
The performance measurement should be built around quality and quantity. I recommend to record production statistics such as number of products and number of defects for each individual or team. The performance of each team should be evaluated by the management. The team which produces the highest quality and quantity will be awarded to encourage a quality focused culture. The team who demonstrates the most significant improvement based on the metrics will also be recognized.
...the agents to be the gatekeepers for keeping the corporation alive. While some of Dr. Friedman’s opinions came across bold and harsh, ultimately I feel that he presents a strong case for developing a profit-motivated company that does not treat its stockholders inappropriately.
In regards to school finance, the ultimate goal of school administrators is to provide all students with the most cost effective, comprehensive education that meets all federal, state, and local requirements and that reflects the values and beliefs within the community. This means that it is an expectation for schools to equip all students equally with the best possible educational opportunities that a community is willing to furnish. However, to accomplish this, school administrators must be able to sustain school programs throughout various economic periods.
Social Security, Medicare, and Medicaid are all government programs that provide economic security to people who are retired, unemployed, or unable to work. Social Security is provided through payroll taxes called Self Employed Contributions Act Tax and Federal Insurance Contributions Act tax. Tax is taken by the Internal Revenue Service and is dispersed to the retired, unemployed, and to people who are incapable to have employment. Almost all people that are paid by salary as their income are taxed by FICA and/or SECA. Almost all legal United States citizens working in the United States now have their own Social Security number. Nearly all working residents, since Social Security came about in 1935, have a Social Security number required to get a job or to pay the IRS.
Social Security was founded on the idea that those who work extensively and hard should not become impoverished due to retirement or disability, nor should their families suffer in the event of early death. As the nation’s income protection program, Social Security supports families, not just individuals. Children, youth, and grandfamilies (grandparents and other relatives raising children) increasingly rely on Social Security as a safeguard against poverty, however their voices are often overlooked. More than 6.5 million children in the United States receive part of their family income from Social Security. One thirds of the 50 million people who receive Social Security benefits today is younger than age 65. If Social Security didn’t exist, the older generations would stay in their positions even longer not allowing for the younger generations to take their places in the workforce.