METHODOLOGY POLICY Essay Example | Topics and Well Written Essays - 250 words

METHODOLOGY POLICY - Essay Example Organizations operate with the aim of attaining economic efficiencies. Production is guided by the law of marginal utility and continues until marginal returns equal marginal cost of production. Beyond this point, production is inefficient and organizations stop production. The graph shows an increasing trend in production and therefore explains that marginal utility from production is still lower than unit production cost. Based on the theory, advantage in production cost or higher demand into higher utility could explain the trend. The theory however fails to recognize the role of social utility in production and resource distribution (The State of Working America, 1; Wolf and Reinsick 52- 55). Labor theory of value explains that labor cost is the main driver of commodities’ cost, and therefore indicators of productivity. The graph, based the theory, shows that labor costs have been increasing at a higher rate than median family income. It also demonstrates inequality in labor wages. The theory’s rationale is similar to that of neoclassical theory (The State of Working America 1; Wolf and Reinsick 169). Keynesian theory explains a relationship between productivity and aggregate demand. The graph, based on the theory shows an increase in demand despite lower increase rate in income and therefore suggests increase in number of households towards higher demand and productivity values. Rationale of Keynesian theory is similar to that of neoclassical theory (The State of Working America 1; Wolf and Reinsick 126). Institutionalist methodology focuses on social utility instead of economic efficiency. Based on the approach, the graph demonstrates increasing investments into social utilities while demand driven production could have similar changes to median income. The investments could be from the government and private entities. This is contrary to neoclassical perspective economic efficiency (The State of Working America

INTERPERSONAL COMMUNICATION Essay Example | Topics and Well Written Essays - 250 words

INTERPERSONAL COMMUNICATION - Essay Example The chapter has addressed a way of initiating a relationship. There are relationships of circumstance and those of choice. (172) the former is characterized by individuals’ lives overlapping, which enhances contacts, while the later is defined by the relations made with friends or partners. Both relationships are however not mutually exclusive. In the same page, the author reveals a number of issues that would define personal attraction particularly what is referred to as short term initial attraction and long-term maintenance attraction. Away from sexual and physical attraction, it is also noted that intellectual, spiritual and personality attraction plays a huge role in personal attraction. In their further arguments, the author identifies a few more things that they believe plays a very important role in defining interpersonal attraction. Some of these issues that have been identified include; similarity. By this, it is noted that there are things that brings individuals together based on characteristics, attitudes, values as well as interests, which are common among them. Others that have also been noticed are physical attraction, sexual attraction, the proximity with which one is to another, the complementarity of others specifically people whose interests and activities differ but complement one another. The chapter looks in details, what one would say first and in what context does one say something. In the process of saying things for the first time, one would certain ask questions. The chapter is quick in highlighting things that are believed to come out in questions and therefore provides some clue on how one can ask great questions. The author describes what he believes to mean a great question. Asking a great question is noted to mean tailoring the question to the person as much as possible then using what one has learnt and observed to formulate the question. The chapter provides a hint on how people can