Assignment #1 Example | Topics and Well Written Essays - 500 words

#1 - Assignment Example His work can be used by the central banks to curb inflationary expectations appropriately. 2005: Robert J. Aumann and Thomas C. Schelling: They received the award for their research of conflict and cooperation through game-theory analysis. Schelling applied the concepts of game-theory to international relations. Prof. Aumann’s work focused on the issue of effect of continued repetition of games on co-operation. 2004: Finn E. Kydland and Edward C. Prescott: They received the Noble prize for their research on effects of business cycles on international trade. They examined the driving forces behind business cycles, and analyzed the temporal consistency of economic policy 1998: Amartya Sen: Prof. Amartya Sen received the Noble prize for his work on welfare economics in case of famine, and suggestions to prevent it. His work focused on the human development theory, the underlying mechanism of poverty, and political liberalism. The Oxford English dictionary defines theory as â€Å"an idea or set of ideas that is intended to explain something† (â€Å"Theory†). Formulation of a theory is a step-by-step scientific process, starting from an opinion to stating the final theory. The starting point of a theory is an observation of a particular process. The interest created by this observation then leads to the formulation of an opinion regarding the process. This opinion is based on the available information regarding the same process, and the researcher’s beliefs. These opinions are also a reflection of the researcher’s expectations regarding the outcome of the enquiry. These opinion and observation then lead to the formulation of hypotheses. Hypothesis is a possible theoretical explanation of the observation made by a researcher to fill the gaps in the research previously done on the subject matter. This is followed by collection and classification of the data. Data collection is followed by the formulation of invariance

Corporate communication plans Essay Example | Topics and Well Written Essays - 2000 words

Corporate communication plans - Essay Example In the analysis using the various model such as power- interest matrix and stakeholder salience model, it shows the areas in which the Ryanair airline need to improve and change to be able their customer satisfaction. The report has put an effort to help the Ryanair Company to address the challenge by outline several proposals that can improve its reputation, quality of customer services and promotion of the company in the market by using its corporate communication effectively. Corporate communication is the strategy that organizations manage and plan both internal and external communications aiming at creating favorable and reputable view among its stakeholders. It is an integrative communication structure linking stakeholders to the organization, through it, stakeholders perception of the organizations identity and image and reputation are formed (John& Balmer, 1999). Corporate communication is considered key management function. It all about managing the relationship with a company with stakeholder to maximize the corporate reputation capital. Corporate communications have the significant role in creating and maintaining businesses images of corporate entities. It is an efficient strategy organization uses to communicate the brand value and reputation to its customers, stakeholders and the target audience. Corporate reputation is the major pillar that builds the image and distinguishes an organization from its competitors. Organizations with the good reputation have developed a picture of their customers mind that help in identifying the brand, logo, product and services an organization offers. The perception of financiers, customers, and stakeholders of any organization is based on the elements of corporate communication, where the corporate reputation is the core and enormous impact on both internal and external environment of the organization. However, when