Economics - 2050 Words

Firm Behavior, the Organization of Industry, and the Long Run Real Economy Instructions: 1) For each topic area studied (and listed below), respond to one or two problems (equal to a total of 10 problem responses for module three) and post to your group discussion board. Note: Please copy the entire question you are responding to at the beginning of your responses. 2) In addition, as you know by now, please discuss your group members’ postings and respond to the comments made on your postings during the discussion period (see the course syllabus for the due dates and a more detailed discussion of the course grading scheme). The Costs of Production Select one or two of the following questions to answer. 1. What†¦show more content†¦Why might the government create one? Give an example. Also, what is the defining characteristic of a natural monopoly? Give an example of a natural monopoly. 2. In the market for home heating consumers typically have several options (e.g., electricity, heating fuel, natural gas, propane, etc.) yet we often think of firms in this industry as behaving like monopolists. Using your understanding of monopoly, discuss the context in which your electricity provider is a monopolist. Is this characterization universally applicable? Carefully explain your answer. 3. There has been much discussion of deregulating electricity and natural gas delivery companies in the United States. Using your understanding of monopolies, discuss the likely effect of deregulation on prices in these two industries. 4. Explain how a profit-maximizing monopolist chooses its level of output and the price of its goods. 5. Graphically depict the deadweight loss caused by a monopoly. How is this similar to the deadweight loss from taxation? 6. What is the deadweight loss due to profit-maximizing monopoly pricing under the following conditions: The price charged for goods produced is $10. The intersection of the marginal revenue and marginal cost curves occurs where output is 100 units and marginal revenue is $5. The socially efficient level of production is 110 units. The demand curve is linear and downward sloping and the marginal cost curve is linearShow MoreRelatedEconomics And Economics On Economics Essay1142 Words   |  5 PagesWhen we talk about economics we must first defined the word. Economics is a social science that studies human behavior and how to allocate our limited (scares) resources, efficiently and effectively to meet our unlimited human wants. Now as we dive deeper in to the field of economics we realized that there are two separate categories that the study of economics breaks off into. The first is macroeconomics, macroeconomics is the study of the whole picture when it comes to economics. Macr oeconomics willRead MoreEconomics : Economics And Micro Economics1238 Words   |  5 Pages Economics is the study of how our unlimited demand of certain things can be met by our limited amount of supply. For instance, if there was an unlimited amount of money for everyone, then everyone would have everything they had always wanted and would not have to work to get the money. Everyone would have billion dollar homes and the nicest cars in the world. Unfortunately, we do have a limited amount of money, so the economists find ways to get around that. There are two types of economicsRead MoreEconomics : Economics Of Business1361 Words   |  6 PagesHND Accounting Economics FINAL REPORT: The Economics of Business DUE DATE: 20 May 2015 Catherine Macintosh 11006620 For the attention of Sarah Sutherland Word count: 1,243 (Excluding Acknowledgements, Abstract/Executive Summary, Terms of Reference, References Appendices TABLE OF CONTENTS Page 1.0 Costs 3 1.1 Total costs 3 1.2 Average costs Read MoreEconomics1291 Words   |  6 Pageshis profit. Do you agree? Use a graph to illustrate your answer. The argument is incorrect. As the graph shows, a reduction in marginal cost will cause a monopolist to reduce his price. 2. Economist Harvey Leibenstein argued that the loss of economic efficiency in industries that are not perfectly competitive has been understated. He argued that when competition is weak, firms are under less pressure to adopt the best techniques or to hold down their costs. He referred to this effect as x-inefficiencyRead MoreEconomics1444 Words   |  6 Pagesresource is inefficient it means the resources are not used in the best distribution by firms or organizations. An ETS is executed when the environment has been polluted and the government intervenes in order to control the pollution by providing economic encouragements towards the firms and organizations to reduce the amount of pollution emitted in the environment (Brown* 2001). When ETS is implemented it reduces the pollution of the environment caused by different firms thus making it its main goalRead MoreEconomics1654 Words   |  7 Pagesï » ¿1. What is the ‘economic problem’? The fundamental economic problem is related to the issue of scarcity. Scarcity means that resources are limited and short in supply in the world (e.g. diamond). Because of limited resources and unlimited demands, society needs to decide how much to produce and distribute these relatively scarce resources. The basic economic problem can be define as what to produce, how much to produce and for whom to produce. Some countries are lucky to have great naturalRead MoreEconomics999 Words   |  4 PagesManagerial Economics MIDTERM Exam What changes can you envision to the real economy, should Rifkin’s vision of a zero marginal cost society, become reality? For me, Jeremy Rifkin is a great social theorist. I’m mostly agreeing with him, with his conclusions and visions of the future economy. They looks like perfect and definitely it’s a â€Å"think big† way of delivering the information. His book â€Å"The Zero Marginal Cost Society† is must read, of course. Trigger is a zero marginal cost. I’m completelyRead MoreEconomics1000 Words   |  4 Pagesconsumer change, there will be a much greater change in the production output in the capital equipment required to make those consumer goods. This change in the production of capital equipment, that is , investment spending speeds up the rate of economic growth or slump Since we are focused on short-run business-cycle fluctuations here, it is reasonable to ignore changes in K/Y that may be associated with long-run advances in technology. 15 – 10 proportional to the level of output in t, Kt Read MoreEconomics1134 Words   |  5 PagesMF 7701 Managerial Economics Quiz #1 Fall 2014 Instructions: 1. You may work on this quiz alone or with as many other students as you wish. If you work with other students, please submit only one (common) answer. 2. You may not talk about this exam with anyone outside of the two managerial economics sections. 3. You may work with people from the other section if they are taking this course. In all cases, please submit only one, common answer. 4. You must e-mail your finalRead MoreEconomic Growth And Economic Development917 Words   |  4 PagesEconomic growth refers to an increase in the capacity for an economy to produce goods and services as compared from one period of time to another. It can be measured either in nominal terms which include inflation, or in real terms that are adjusted for inflation. It is mainly influenced by unemployment, inflation, technology levels, rate of investment, population growth rate, among other factors. These factors are used further to explain the differences in the varying level of output per capita

Improving My Essay Writing - 903 Words

The human being is created in this world to learn something every day. Also, he or she is to improve himself or herself. In the learning process people make mistakes all the time, and naturally, they learn a lot from their own and other’s mistakes. It is the same as my situation about my class. My goal that I was hoping to achieve was to pass my English class with a good grade. It has happened as I was hopping, and I learned from my own mistakes. I had English 49 last semester which I had a lot of problems with my first essay. My struggle was all in my first essay but after that I got good grades on my other assignments. For this reason, when I started my first essay, I did not know how to write and what to write. When I handed in my†¦show more content†¦It helped me a lot with the rest of my essays that we wrote in the class. My teacher said that it is very important to use correct grammar because if someone uses the wrong grammar, the essay will have a different me aning and will not be understandable. So, I learned that it is good to use correct grammar that an author can be able to read the essay and understand it. It was very helpful for me by going and using these programs because finally I was able to fix my own paper. Second of all, my papers would improve if I improved the structure of my writing. I learned that the introduction and conclusion can give a hook to the reader to pay attention to the essay. The introduction and conclusion wrap around the essay. By writing the essay, I learned that the important portions of each essay are the introduction and conclusion of that essay. If the essay doesn’t have structure, the reader will not be able to understand the story of the essay. For example, when I wrote my essay, I tried to expand my introduction and conclusion. In my essay, I worked on my introduction and conclusion a lot because I didn’t know what I had to write. I learned to start my Introduction with something interesting that intrigues the reader and causes him or her to want to read on. In my first essay, my conclusion was very similar to the introduction. However, I should avoid repeating the same words. I got a clear idea that the introduction andShow MoreRelatedAn Intern ational Student From An Asian Country Essay790 Words   |  4 PagesWhen I was in my native country, I didn’t do very well English, but after coming to U.S and attending Eng 121 class, I became better at speaking, thinking and writing in English fluently. Obviously the first reason is that my professor is a very good and taught me with a patience and in a good manner. Initially , when I came to my first class and I got first assignment for the Eng 121 class, I was very nervous because it was very hard for me. I didn’t know how to write 3 pages essays, journals. ButRead MoreSignificant Improvement : Things That I Have Learned From English 10101105 Words   |  5 PagesI have improved my writing, reading, and critical thinking skills. I have accomplished this by effectively taking advantage of an opportunity to become a learner. All in all, I have completed with the learning outcomes of this class by improving the organization of my writing, by learning how to rhetorically analyze any situation, by supporting my arguments with specific details, and by improving my writing process. Throughout this year, I have learned how to organize my writing in a way that flowsRead MoreI Am Proud Of What I Have Accomplished951 Words   |  4 PagesBefore taking UWP1, I felt confident in my ability to write an essay; however I struggled with in-class essays because of the limited amount of time to draft, write, and edit. As a sophomore, I have experience writing academic essays for UC Davis classes. I have come accustomed to in-class essays and short-answer paragraphs in lieu of the typical multiple-choice test. With the time limit on an in-class essay, I always felt rushed, and by the time I reached the conclusion I felt I was only repeatingRead MoreImprovements As A Writer And Thinker853 Words   |  4 Pagesthinker I have noticed tremendous improvements in my work. My whole thought process and way of viewing topics has changed, giving me a better understanding when I write. In the beginning of the term I ran into many problems in College Writing I for instance, I was no t too familiar with writing in MLA format and struggled reaching the page count. I found myself to procrastinate when papers were assigned making my anxiety levels increase. Despite my struggles as a writer and thinker, I learned how toRead MoreDr Ponder Reflection1058 Words   |  5 Pageshave to work on my essay over the weekend. Dr. Ponder taught me things in his class, however, I taught myself things in his class as well. In this essay I will provide information on the course goals, how Dr. Ponder has taught me things in his class, and how I have taught myself. I have taught myself time management skills, focusing skills, and studying skills. I have taught myself many things in this class. Dr. Ponders English class focused on improving students reading, writing, and arguing skillsRead MoreStriving For Excellence As An English Student At Chaffey College908 Words   |  4 Pagesthrough my journey of earn my A in her class. Every day we learned something new that s what made it important for me to attend class every day. During this time, I have worked extremely hard and devoted adequate time to this course. Even when my hearing made it difficult at times; I never gave up, I worked harder. I did not allow this disability to hold me back. I have misunderstood at times however, I proven that I have earned my A by improving on my essay writing skills and improving on my readingRead MoreMy Experience Has Been A True Journey939 Words   |  4 Pagestwo months, my learning experience has been a true journey. At the beginning of this course, I figured it would be like any other English class I’ve taken, but the class has made a difference for me. A lot of information I have learned has not only helped me become a better writer for my future classes, but also for my job. Writing letters and referrals are something I constantly do while I’m at work, so improving my writing skills is crucial. Overall, I’ve learned how to make my writing easier toRead MoreReflection Paper In English937 Words   |  4 PagesLearning as much as my brain capacity can endure is my ultimate goal in life. School is not just a chore, it is a necessity to further me into the future. English class, specifically the writing portion has evolved my understanding of persuasive literature and how to explain my thoughts on paper for an audience to understand. Throughout the first semester of KCC English I have improved my essays from small to large mistakes. Overlooking my first draft of the Cause and Effect, I have realized I amRead MoreHigh School English Education Provides Every Students With A Basic Five Paragraph Formula872 Words   |  4 Pagesparagraph formula for writing an essay: you start with an introduction paragraph, provide three paragraphs that elaborate on your topic, and finally conclude with a single paragraph wrapping your whole point together neatly. along with the blueprints of writing an essay high school teaches basic grammar skills and then into the last year or so they beginner to scratch the surface of complex writing, writing with skill and uniqueness. what can I do to improve my own writing in college? Through highRead MoreI Am The Product Of Clark County Educational System Essay1503 Words   |  7 PagesReflection Introduction Writing has never been my forte. Nevertheless, this is not to say that I could not write. Throughout the semester with the assigned reading assignments and the given practical writing exercises I have come to grasp a vague understanding, I had never been taught how to write essays correctly. I am the product of Clark County Educational system. I have always struggled through my last classes and hoped to get out of my struggles this semester. One the greatest challenges that

Martin Luther King Juniors Inspirational Speech, I’ve...

Can you imagine being in Martin Luther King Junior’s position in a hall or church somewhere speaking to people with the hope of challenging and inspiring them? I’ve Been to the Mountaintop is a speech made by Martin Luther King’s Junior or 3rd April 1968. It is a speech that presented a long term mission for the City of Memphis. It was a time when African Americans struggled with racial prejudices. There were inequalities whereby the African-Americans were forced to live separately from the whites. Martin Luther King believed that if they join hands together, African-Americans will be able to fight against the unfair inequalities. King wanted to inspire the people that they can achieve justice without the use of violence. Martin Luther King used elements of logos, ethos and pathos in his speech to inspire the audience. Martin Luther King uses ethos to grab the attention of his audience in his introduction where he says, is â€Å"am delighted to see each  œ here tonight† (King 3rd April 1968). He is very confident in delivering his speech because a large umber of people has turned up. Martin used words such as â€Å"victory†, â€Å"rightful place†, and â€Å"freedom† to create a sense of pathos in his audience. These words inspired his audience because the wanted that freedom and justice and through Martin’s inspiration that they can get it through non-violent means, they were convinced with his speech. In his speech, Martin speaks slowly, with lots of pauses and with great passion of what he

My Journey Towards Motherhood At Graduate School Essay

Making the decision to have a child is momentous. It is to decide forever to have your heart go walking around outside your body. (Stone, 2014) My journey towards motherhood was one I have always hoped that I would embark on once I was fully prepared. When I planned for this journey, I envisioned owning a beautiful home, being in my career and being with my dream man. However, I guess I was not committed enough to myself to ensure my journey would be traveled as planned. This was evident by the fact that I chose to start my journey in October of 2013 while still attending graduate school, being a renter, working a mediocre job and dating a mediocre man. My decision to continue an unplanned pregnancy has resulted in me moving back in with my mother, in order to receive adequate emotional and physical support. Although, I am employed in a job that provides me with a sense of financial security, it fails to feel the void of fulfillment. My choice to continue my pregnancy was one that I currently find perplexing because it have impacted my personal and professional life. Additionally, it has also affected my identity and relatio nships. As expected it has also lead to a shift in my role within my family, society, and culture. Most importantly, my transition into motherhood has affected my mind, body and soul. My journey towards becoming a mother was one that I began as a psychological voyage. This voyage was one that I had to travel alone, in spite of having theShow MoreRelatedMy Family : My Mother1546 Words   |  7 PagesI view my family as being unique, loving, hardworking, and supportive. I have an older sister who is 27 years old, a younger sister who is 24 years old, and I am the lucky 25 year old middle child. My mother is Colombian and my father is Cuban. My mother came to the United States about 30 years ago with the hope of finding a good job and earning enough money to someday return back to her homeland. My father came to the United States over 35 years ago to open up his own business. Once my father lostRead MoreProfile of My Mother1755 Words   |  8 PagesGetting to know my Mom It took me eighteen years to spend some quality time with my mother and discover what an incredible journey she has had with my brothers and me. She is the kind of person who has always been very involved with all parts of our daily lives. In fact, she was the kind of mother who always had time for her three sons, worked full-time and had time to devote to community projects too. Her energy and enthusiasm for all of these things seemed endless and she always triedRead MoreAlternative Medicine Program : The Power Of A Journey4129 Words   |  17 Pages Alternative Medicine Program: The Power of a Journey Jomiryz Thomas Everglades University Abstract Upon entering the Alternative Medicine degree program at Everglades University I did not know what I was going to do with the degree. I did know, however, that I wanted to understand the concepts of alternative healing methods better because I had just experienced the death of my grandfather from a diabetic induced disease while I had stood idly by—with nothing I could do to helpRead MoreContent Analysis of Focus Group Data7519 Words   |  31 Pagesself-confidence, social disapproval, situational barriers, negative attitudes toward school, and low personal priority. When low self-esteem, multiple situational barriers, and negative attitudes toward school converge, the chances are low that an adult will pursue education. The chances are also reduced when complex situational barriers are compounded by a low personal priority on learning (Hayes, 1988). Once they decide to return to school, adult students must be empowered to persist and complete their programsRead MoreLibrary Management204752 Words   |  820 PagesAutomation to Distributed Information Access Solutions Thomas R. Kochtanek and Joseph R. Matthews The Complete Guide to Acquisitions Management Frances C. Wilkinson and Linda K. Lewis Organization of Information, Second Edition Arlene G. Taylor The School Library Media Manager, Third Edition Blanche Woolls Basic Research Methods for Librarians Ronald R. Powell and Lynn Silipigni Connoway Library of Congress Subject Headings: Principles and Application, Fourth Edition Lois Mai Chan Developing LibraryRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesManagement Strategies 56 Attracting, Selecting, Developing, and Retaining Diverse Employees 56 †¢ Diversity in Groups 58 †¢ Effective Diversity Programs 58 Summary and Implications for Managers 60 S A L Self-Assessment Library What’s My Attitude Toward Older People? 40 Myth or Science? â€Å"Dual-Career Couples Divorce Less† 47 An Ethical Choice Religious Tattoos 51 glOBalization! Images of Diversity from Around the Globe 54 Point/Counterpoint Men Have More Mathematical Ability Than Women 61 QuestionsRead MoreMarketing Mistakes and Successes175322 Words   |  702 Pagesthis 11th edition. Who would have thought that interest in mistakes would be so enduring? Many of you are past users, a few even for decades. I hope you will find this new edition a worthy successor to earlier editions. I think this may even be my best book. The new Google and Starbucks cases should arouse keen student interest, and may even inspire another generation of entrepreneurs. A fair number of the older cases have faced significant changes in the last few years, for better or for

The Dangers of Television Free Essays

SUMARY The Dangers of Television by Harriet B Fuller (USA) According to Harriet in the United States, television has played in changing American values as follows. In the 1940s, television was predicted to bring families closer together. Its influence, however, has splintered family relations. We will write a custom essay sample on The Dangers of Television or any similar topic only for you Order Now The first danger of television, as the author mentions is the lack of as family outings‚ the going of the whole family together such as family take a walk, dine out, go to the cinema are constrain when one or more family members do not go by they want watching more go out. The second danger mentioned by the author is the limitation of family time together at home. The recreational activities before TV include: games, songs, and hobbies. They will replace the time of the occasion for talking in family: debate and talk with family members. The final danger as the author claims is the â€Å"domination† of TV in our daily life. This is â€Å"dominates† the family. The family activity depend on TV. In conclusion, the writer gives an alarm that if children watch TV for hours; it has become a pacifier and a baby-sitter. Parents’ roles as educators have been replaced by TV, preventing necessary interactions between family members Reaction paragraph According to Harriet in the United States, television it now â€Å"dominates† the family and In my opinion, the writer is completely true. Obviously,I have seen the effects of television on my family and agree with the author of this article. As a child, I can remember watching very little television. The majority of my time was spent outdoors with my family gardening, playing, caring for livestock. However, I did have a younger brother who preferred watching television to joining our family activities. and bad effect to our family. In conclusion, it is significant that we need to consider the dangers of television to our life and future because it effect to family relationship. How to cite The Dangers of Television, Essay examples

Celebrity Influence free essay sample

Teens and Celebrities Teenagers often turn to their favorite celebrities for guidance in their every day lives. Celebrities have become more mainstream role models for teens as their images and lifestyles are normally splashed across television, movies, magazines and all throughout pop culture. Teens that try to emulate their favorite celebrities may select good role models or bad ones that can be positive or negative for teens. Problems with teens linked to celebrities include: †¢Teen behaviors resulting in celebrity influence †¢Self esteem and body images issues for teens Teens, Celebrities and Behavior Many teens will try to mirror their favorite celebrities. While sometimes these role models can be good for teens, in today’s day and ag e, many celebrities uphold standards the average Joe can’t live up to. Sometimes that behavior is also dangerous such as drug abuse or partying excessively. Celebrities promote behaviors that are not always positive for teenagers to see on a daily basis. We will write a custom essay sample on Celebrity Influence or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Celebrities Promoting Drinking To Teens In television, movies and magazines, celebrities are often portrayed drinking heavily or in excess. This can be harmful to teens that pick up on these behaviors and think it is normal to drink excessively like their favorite celebrity. Often times, the celebrity is not the best role model, turning to drinking without realizing their fans, in large part teens, are watching and taking notes. Drug Abuse By Celebrities Almost every other day, a celebrity is in trouble with the law in terms of drug abuse or addiction. Teens see their favorite movie stars or singers doing drugs and they think they should too. Celebrities often cultivate behaviors that are bad, such as drug addiction, and make teens believe these lifestyles to be cool and exciting. Celebrity Influence On Teen Image Many teens become curious about their own image when they see their favorite singers or celebrities throughout magazines, TV shows or in films. Teens normally like to have a role model they can turn to for how to dress, look and act. However, these role models are not always cultivating the best body images and self esteem for teens and it’s important for you to recognize that. Teen Self Esteem When a teen is constantly inundated with picture perfect images of their favorite celebrities, they can often feel the weight of trying to live up to airbrushed images. Movie stars and musicians are often portrayed as perfect, which can in turn make a teenager feel inadequate. Self-esteems in teens can plummet if they are always faced with living up to such perfection. Teen Body Image The norm among celebrities when it comes to body image and weight is often super skinny and unrealistic. Teens that don’t look like their favorite celebrities often try to lose weight or dress like their celebrity role models. Problems such as anorexia and bulimia can develop when a teenager is trying to look like a celebrity. A teen’s perception of their own body image can often turn drastically different than it actually may be with a celebrity’s influence and it can be hard for you to feel as though you’re content to be who you are with those pressures; but you need to overcome those effects that celebrities have on you.

Critical Review of Work-life Balance Initiatives

Question: Given the recent economic downturn critically review whether Work Life Balance initiatives are no longer feasible. Critically examine the role that technology can play in the recruitment and selection process. Women now make up almost half of the labour market but continue to face barriers to their career progress. Debate why gender discrimination still exists in the UK despite equal opportunities legislation. Answer: Critical Review of Work-life Balance Initiatives Work-Life balance is a concept where the balance between work and lifestyle has been prioritized. A healthy work place takes into consideration a more holistic aspect such as the spiritual, physical, environmental, emotional, intellectual, mental health and occupational aspects of the employees. Health and Welfare Committees are created by more and more organizations that are responsible for creating safety and health concerns for the employees and to identify solutions. Studies have shown that investing in work life balance can reduce absenteeism, it can improve working and morale relationships, it can increase productivity, decrease stress, and helps retain current employees and also attract new employees. In todays economic downturn, employees search for and try to find out organizations that provide them with a balance between work and personal satisfaction(Acas.org.uk, 2015). The work- life balance initiatives are based on employee needs, so there should be initiatives to understand what can be the way to increase their work life balance. In organizations that are small this could involve a one to one discussion while in large scale businesses this needs to be done through a formal survey. Work life balance include two main organizational risks: Cultural And structural factors. There are mixed consequences of work life balance for organizations and individuals. The concept of wok life balance is relatively new as it was first coined in 1990. The term is more inclusive, broader and gender neutral. Lewis et al (2000) has said that this term is applied to both men and women who have family commitments. Moreover, it is also applied to young adults who do not have family engagement by simply wants to enjoy life beyond their work life. Numerous studies have been carried out on work life balance. The work life balance is mainly disrupted by longer working hours (Beinkandescent.com, 2015). 60% of employees experience work life conflict. Todays employees have much duties such as children, work, house-hold work, spouse, elderly care and volunteering and this increase stress for families, communities and individuals. This problem is increasing at a higher rate in todays world due to the increased participation of women labor force, the dominance of dual earner families, the numbers of single parent families and emerging trends such as elderly care. Moreover, it has now been extended due to globalization, low employment rate and aging population. Highly stressful jobs and long working hours hampers the employees ability to harmonize family life and work and are also involved with health risks, such as alcohol consumption and smoking increase , depression and gaining of weight. Work life conflict has been associated with many mental and physical implications of health. According to a study done by Duxbury and Higgins in 2007, Women are more sub jected to work life conflict than men. This is because women devote more time to non work activities such as elder care, childcare and have devoted much time to unpaid work such as domestic work. They also experience less spousal support for their career than their male counterparts. Still the number of work life conflicts for men is on a high rise(Commons.lbl.gov, 2015). According to this study 1 in 4 Canadians complain that their work responsibilities are interfering with their contribution towards family life. The 24/7 expectations and increasing pressure of globalization are demanding more and more from their employees. The elderly people are now demanding more different work arrangements to accommodate their work life balance. The reason because of which companies participate in work life balance can be stated as below. They are: recruitment and retention of employees, costs and union regulations and high return on investment. There are varieties of practices that organizations undergo to initiate work life balance nowadays. These work life balance practices help employees to stress handling and to cope up with the increasing workload. A good number of organizations have contributed towards wellness programs for the employees and also pay for the gym membership as part of the benefits package. Some companies invite yoga and fitness trainer to hold a session in lunchtime for the employees. Some companies also take initiative in managing healthy eating habits of the employees. Other offers stresses on managing programs which involve yoga, counseling, stretching and also sending for professional message therapist to work. Many employers are also offering longer holiday period while others are offering flex days. Sometimes, to accommodate the employees need of work life balance the employers have o reduce the number of tasks given to the employees (Dulski, 2014). To accomplish these employers might hire new employees, allow for job sharing, reduce time spent in job related travel or re-evaluate the work itself. According to the study of Mesmer in 2006, the benefit that is valued by most of the employees is flexible time. The problem with work life balance is that it cant be balanced. There is a trade off that one side must be up while the other side must be down. W spend 1/3 rd of our lives working and work is also a part of life which should be cherished. So when a person is working he/she should forget his/her family life and vice versa. The most difficult job is that of the senior executives. Their works make it very difficult for them to attain work life balance. Trying to attain equal number of working hours and to balance personal activities is usually and unrewarding. The right balance for a particular employee will vary with time. The work life balance which he will be looking for while he is single will be different from when he is married with kids, when h will be starting off a new career and when he will be approaching retir ement. The best work life balance is different for all individuals as all have different lives and priorities. Enjoyment does not only mean happiness but it means satisfaction, pride, celebration, happiness and love. It means to have a sense of well being. Enjoyment and Achievement are two synonymous terms where you cant have the one without the other. One cannot get the full value of life without both achievement and enjoyment (Lebowitz, 2015). Without clear boundaries, it is difficult to achieve work life balance. In a world where achieving work life balance is becoming more and more tough Eric Barker have given some useful tips in Time Magazine. The key to this is to stop trying to do everything yourself. There should be a list of the most important things to do today that needs priority. If a person does fewer things he is better in that one particular work. The most important thing in the list should be done first which would provide beneficial for the employees. Employees should do work which only they a do. The rest of the work should be delegated to the other employees (Loder, 2014). The recruitment and selection process is important for established and new businesses alike. The HR department has the assistance of employee specialists who help in hiring of managers and to make sure that the leaders and company are making right decisions of hiring. There are many phases of selection and recruitment process and they are candidate sourcing, conducting interviews, tracking candidates, reviewing and selection for hiring. Recruiting employees is a very costly affair. When a company selects the proper candidate for the job, train them properly and treat them with courtesy these candidates produce productive results and also most likely to stay with the company for longer. An organization may have all the latest technologies and best resources but it needs appropriate work force to get the task done. This is true for all spectrum of business like hospitals, schools, restaurants, legal practices, airlines and diesel engine manufacturers(K, 2010). In todays world, more and more firms are relying on technology to deliver the right selection of candidates. It cannot be denied the growing importance of technology in recruitment and selection process of candidates. More and more interviews are conducted via online platforms and video interviewing, which allow companies o sit comfortably with candidates regardless of their location. Connectivity rather than technology is changing the way companies communicate with their employees. The first experience for a candidate comes from technology where they apply for jobs online via a career site and by filling up an online application form. This then sets up eventually all the face to face interviews that might take place. The advent of computers has made it easy for employers to scan international and national applicant qualification. United Kingdom employment equality law is a body of law which legislates against prejudiced based actions in the work place. UK labor law states that it is against the law to differentiate employees on the basis of age, gender, disability, marriage and civil partnership, religion, , sex, sexual orientation and belief. The term equal opportunity states that everyone in the organization should be subjected to fair treatment and should have equal chance of promotions and recognition, to have equal pay for equal work, and an equal chance of trained and being promoted. In UK there are series of anti discrimination legislations to fight against discrimination because of the struggles that the earlier generations have to undertake to get rid of these unfair acts (Ec.europa.eu, 2015). Most of the women in UK are less paid than men in the same type of job. One of the main causes behind this is the way women roles are given value rather to mens jobs, experiences qualifications are underpaid and poorly evaluated when they are being done by women rather than men in organizations. For example women cashiers in super markets are less paid than men who are responsible for physical tasks such as stacking the shelves. The evaluation of performance and the pay level is also biased in regard of men and women. The gender pay gap is also prevalent by the differentiation in the labor market. Women and men basically does different jobs at the same sector also women are predominant in lower paid and lower valued occupations. Female workers work in areas where usually they are given low pay and their work is lower valued than those dominated by men. In health sector alone 80 % of the employees are predominantly female. Moreover, women are mainly employed as shop assistants, admini strative assistants or unskilled and low skilled workers. More and more women are working in low paying occupations for example care and cleaning work. Women are generally not promoted in senior or managerial positions. Women represent only 17% of board members in the biggest companies within EU; there are only a third of women engineers and scientists around the globe. Consequently, there are a very few women working in technical and scientific (Tutor2u.net, 2015). Moreover, women find it challenging to have work life balance in their life. As women have to take care of domestic works, of children and elderly people they find it more difficult to concentrate on their official work and as a result only 65.8 % of women with young children are working in the EU compared to 89.1% of men. More and more women are taking recourse to part time jobs to find a work life balance. There is also proof of a gap in pay in earnings that is hourly counted of part time and full time workers. Across UK only 32 % of women work part time. Women working part times earn 38.4 % less than men performing equal manner of task (Hawks, 2008). For workers who are working full time, the gap is 17.2 % compared to 42%, 30 years ago. There are few reasons behind why after thirty years of sex discrimination act in UK; women still have to face such discriminations. Some of the situations that women have to face that they are forced to resign when they get engaged, most of them are terminated as soon as they get pregnant, there is a lot of pressure from in-laws for married women, They have been forced to work in such environments where they have to face blatant sexual harassment. But these behaviors are clearly illegal now and women can appeal to the tribunals for justice against such harassment. In conclusion it can be said that work life balance is the reality of todays world where it has become inevitable for employees to give their hundred percent to their work. Studies have shown that investing in work life balance can reduce absenteeism, it can improve working and morale relationships, it can increase productivity, decrease stress, and helps retain current employees and also attract new employees. Technology has played a vital role in the recruitment and selection of organization .Nowadays recruitment can happen over video conferencing, emails and other online platforms which enable employers to contact he candidates despite of their varied locations. In UK, despite of the presence of sex discrimination law, the discrimination against women have been in a high toll where gender pay gap is the highest and women have to work for less pay in same kind of job like men. References: Acas.org.uk,. (2015). Sex discrimination | Acas advice and guidance | Acas. Retrieved 23 February 2015, from https://www.acas.org.uk/index.aspx?articleid=1814 Beinkandescent.com,. (2015). BeInkandescent: Striving for Work-Life Balance: Is It Feasible?. Retrieved 23 February 2015, from https://www.beinkandescent.com/articles/1996/march-hiring-barb-mitchell Commons.lbl.gov,. (2015). Telecommuting -- Work-Life Balance - Human Resources Human Resources. Retrieved 23 February 2015, from https://commons.lbl.gov/display/hr/Telecommuting+--+Work-Life+Balance Dulski, J. (2014). Theres no such thing as work-lifebalance. Fortune. Retrieved 23 February 2015, from https://fortune.com/2014/10/14/theres-no-such-thing-as-work-life-balance/ Ec.europa.eu,. (2015). What are the causes? - Justice. Retrieved 23 February 2015, from https://ec.europa.eu/justice/gender-equality/gender-pay-gap/causes/index_en.htm Hawks, M. (2008). Life-work balance. Chicago: Association of College and Research Libraries. K, R. (2010). Recruitment management. Mumbai [India]: Himalaya Pub. House. Lebowitz, S. (2015). A Much Better Way to Think About Work-Life Balance. Greatist. Retrieved 23 February 2015, from https://greatist.com/happiness/work-life-balance Loder, V. (2014). Work - Life Balance -- Is It Even Possible?. Forbes. Retrieved 23 February 2015, from https://www.forbes.com/sites/vanessaloder/2014/08/01/work-life-balance-is-it-even-possible/ Tutor2u.net,. (2015). Discrimination in the labour market. Retrieved 23 February 2015, from https://www.tutor2u.net/economics/revision-notes/a2-micro-labour-market-discrimination.html