Letter on current issue to the editor of the Wall Journal Essay

Letter on current issue to the editor of the Wall Journal - Essay Example Piereson acknowledges the income disparity that exists between the top one percent and the ninety nine percent of American population. Addressing this inequality, however, is the contentious issue. Both economists and politics are yet to agree on the most appropriate course of action. As the debate continues, I disagree with Piereson on the argument that the top one percent population is not the cause of the income inequality problem. The issue is that the rich are getting richer and the poor are further plunging into poverty. In this respect, it is fundamental to address the problem before things get worse than they already are. It is important to note that the proposed taxation approach is just one of the many avenues that the government can use to bridge the gap between the rich the poor. Amid critical disagreements on the way forward, it is evident that income inequality is already a crisis that could get out of control in the next few years. The one percent, the ninety nine percent, and all other stakeholders should collaborate to reach an ultimate compromise. Piereson, James. The Truth About the ‘One Percent’. The Wall Street Journal, Feb. 17, 2014. Web. 18 Feb. 2014.

MGT499 - Strategic Management Essay Example | Topics and Well Written Essays - 500 words

MGT499 - Strategic Management - Essay Example Companies are not always able to be what they want to be; they fail to develop a clear strategy which will help them achieve their strategic goals and objectives. The reason for this positive tendency of Toyota’s activity and the stability in supplying and servicing its customers is in the fact that the company keeps to the principle of finding the rational balance in production – without overloading the equipment and overburdening the staff. The basis of the organizational knowledge and the companys long-term philosophy should be under constant protection, which is provided through the stability of personnel and its slow promotion. Fast promotion may serve as a negative factor in companys vision as it will make the staff feel the easiness of achieving the highest posts, while the career path of each worker should go through the each stage of production, assuring that this worker totally accepts the long-term philosophy of the company and his future activity will be aim ed at supporting it. All 14 principles show, that Toyota has created a new quality system, which works effectively for the benefit of the company. Intensive training is performed with the following formation of project team, aimed at increasing the profitability, reducing non-productive actions and the time of production cycle. However, In 2010, Toyota has become the object of the peer professional attention. During the first half of 2010, customers came to associate Toyota with regular troubles and the beginning of a deep strategic crisis. Whether these troubles are the result of the lack of strategic vision or a well-developed consumer fraud is yet to be discovered; but the company regularly recalls its cars for minor or major technical problems. The current state of literature treats Toyota like a company, which must learn the lessons of crisis and their influence on the company’s brand. For further analysis, the