Monday, February 17, 2020

Discuss the 6 Paradigms of Personal Interaction Essay

Discuss the 6 Paradigms of Personal Interaction - Essay Example Life is a competition and thinks only about winning and losing. It is a mindset that thinks that there is never enough for everybody. â€Å"Think Win Win† on the other hand seeks to find a common solution that is beneficial to everybody. It is based on cooperation and collaboration rather than competition. It always believe that in any situation, there is a way where everybody could end up winning. The key in this leadership principle of â€Å"Think Win Win† is to identify the needs of everybody and address it. Not all needs are the same so there is a way to satisfy everybody’s needs. 1. Win/Win  Ã¢â‚¬â€œ is the ideal form of personal interaction. It is a mindset that seeks to find solution that is beneficial to all parties concern in its interaction. It avoids the zero sum mindset of competition but rather seeks to collaborate and to cooperate in its interaction so that such interaction is satisfying and beneficial to all parties concern. 2. Win/Lose  Ã¢â‚¬â€œ is the most common type of personal interaction where one seeks to dominate the other in order to win. This is the authoritarian approach of seeing interaction as a means to win and thus uses, power, position, credentials, money and other resources to leverage themselves and win over the other party. 3. Lose/Win  Ã¢â‚¬â€œ is a martyred way of interacting where individuals only seek to please the other person or if such individual is seeking approval from the other party. It just gives and expects nothing in return which is unhealthy in the long run because it could breed resentment and ill feelings. Those unaddressed needs will eventually mount until it would become resentment. It could also affect the self-esteem of the individual 4. Lose/Lose  Ã¢â‚¬â€œ is an unhealthy mindset in personal interaction which usually occurs between two hostile parties. This is the mindset of â€Å"getting even† that does not seek to have any satisfaction in a relationship. The example of

Monday, February 3, 2020

Define supply and explain what causes change (shifts) of supply and Essay - 1

Define supply and explain what causes change (shifts) of supply and how supply can determine prices - Essay Example These players will try to compete with each other to provide significant amount of value to the customers and thereby generating competitive advantage. It is important to note that the state of equilibrium attained by the intersection of demand and supply curve keeps on moving and is not constant in nature. As a matter of fact, it can be said that there can be various factors which may lead to shifts in supply curve. Abrupt rise of prices of certain commodities, which has happened due to the rise of inflation rate in recent times, can at times lead to significant changes in supply. Due to the significant rise in prices of commodities, the general masses become incapable to purchase the same at high rates. This results in building up of inventory. As a precautionary measure to cool down inflation and maintain a significant amount of balance in the market, the suppliers and manufacturers focus on lowering down the supply rate of the commodities (Mankiw, 1998, p. 80). The effect of recession can also induce significant amount of supply shift. In times of recession, for the purpose of boosting the economy, the rate of interest is generally reduced. This automatically contributes to a significant rise in the institutional lending as well as boosting of production of various commodities in the economy. Hence, recession can also initiate significant shifts of supply of commodities in the economy of a particular region (Mankiw, 2011, p. 745). It is observed that the price of multiple input variables and resources can bring about a significant influence in the supply of a particular commodity. It can be said that in the case of rising input prices, there might be immense pressure on the manufacturer to cut down on various costs. This might contribute to a lower amount of production by the manufacturer. Hence, this can automatically contribute to a movement in commodity supply in the market