The Greek word pleonasm is the use of unnecessary words. Pleonastic words are unnecessary words. Strunk and White are the first pleonists that we know. One thing that every writer wants to know is how to earn more money from writing. I once set up a Web page for an IT company where project managers posted updates on key projects, with that information visible to customers. Have you ever spoken to a group of people, only to get a blank stare? Is it your subject? Or is it you? An essay is a piece of writing that discusses or describes a particular topic. In a slow economy you may consider handling copywriting in-house to conserve money. How to create great headlines and titles to turn your prospects into buying customers using hypnotic words that will empower them to purchase your product or service, join your ezine. Websites are becoming the norm among progressive realtors around the country. But I dont want to sully my gift with rote education. Have you ever heard anyone say this? I have; even said similar things myself. And its true to a point.
Efficient Help – should make a point of spending no more than 20 seconds helping a student so that the class as a whole stays on task. Group Focus – should call on students randomly to keep the interest of those who are participating and encourage those not participating to do more. Before any action is taken, first evaluate the situation and determine if there are obstacles preventing John from meeting his need for belonging, fun, power, and freedom. Take the time briefly between classes to talk with him about this matter. Remind him that participation is one of the class rules, and that this is a warning. Make certain that he understands that it is his choice in the matter, but help him choose some alternate behaviors and continually encourage him to participate in class. Do not allow John to make excuses for himself: accept no excuses. When he shows improvement, be certain to openly praise him. Lastly, never give up on John. Michelle M Spiers I’m a mother of two, my oldest being 14 and our newest addition is now 8 months. With this new bundle of joy, I’ve decided to focus more of my time here at home with the children. Prior to all of this I worked with a finanace company here in Louisiana, and now work out of my home. My husband is very supportive as I juggle family, career, and college. I’m currently working towards a BAOM (Bachelors in Organizational Management) taking evening classes. With all of the additional time here at home, I decided to write about my experiences, and observations in college. Feel free to respond or share your thoughts.
Introduction – All over the western world it is becoming more common for governments to privatize publicly owned companies. However, is the privatization of publicly owned businesses beneficial to the Australian economy? This essay will examine this question with specific reference to the recent privatization of the Commonwealth Bank of Australia (CBA). History – The Commonwealth Bank of Australia was first founded in 1911 and was the first bank to combine both savings and general trading in the same company. This ingenuity gained them the security of a federal government guarantee and created ties between the bank and the federal government. From this foundation, the CBA became a government owned company. However, poor returns and inefficiency recently left the government no option but to privatize the company. Privatization Theory – A basic argument given for privatization is that persons who work in government owned companies have few incentives to ensure that the enterprises they own are well run. On the other hand, it is believed that private owners do have incentives, for if their businesses perform poorly the companies will lose money.
The theory holds that, not only will the business’ customers see benefits, but as the privatized company becomes more efficient, the whole Australian economy will benefit. In the privatization of the CBA customers saw improvements in customer service, with the specialization of labour within the company. This included the creation of branches designed solely for processing, which utilized the specialization of labour. Similarly there are some negative consequences to the privatization of companies. Improvement in company efficiency is almost always accompanied by large layoffs of staff. The Commonwealth Bank was no exception, as the specialization of the workers dramatically improved their efficiency, which enabled the company to layoff staff without sacrificing any working capacity. An example of this can be found in rural Australia, where many workers were made redundant to improve branch productivity and company profits. Commonwealth Bank Events – The Australian Government decided to sell off the Commonwealth Bank in small sections, before fully privatizing the company. This proved successful. However, one minor problem the process encountered was in the selling of their shares to foreigners off shore.
The state allowed this, for the money invested by foreigners helped to provide the capital needed to upgrade and modernize the firm, making it internationally competitive. Improvements in the CBA’s operating and stock market performance, and rival banks reaction to the partial and full privatization announcements, were strongest after the Bank had been fully privatized. Long-term stock market performance improved markedly as the proportion of government ownership decreased, with the Bank’s cumulative abnormal returns being 50% more than those of its rivals three years after the Bank had been fully privatized. By reducing costs and improving its profitability in the post-privatization period, it has outperformed its rivals on almost all the operating performance measures, and has become the most profitable bank in Australia. This is partly due to the effectiveness of the ‘performance based incentives’ system. The profits don’t end there, for the Government also benefits directly from the privatization. This is because Privatizations are usually organized as auctions, where bidders compete to offer the state the highest price, creating real income that can be used by the state as investment capital.