Saturday, February 15, 2020

Job Discrimination Essay Example | Topics and Well Written Essays - 500 words - 1

Job Discrimination - Essay Example The following will explore job discrimination with an eye to how this form of discrimination affects certain groups of people in the labor market and how society has attempted to protect these people from discrimination. Discrimination in the workforce affects people from all walks of life. Accordingly, the employment opportunities of half of our population are hindered by latent and overt sexism in the offices of America. It is well known that women in America earn substantially less than their male counterparts. The Equal Pay Act (EPA) of 1963 was established more than four decades ago to protect men and women who perform the same tasks from wage-based discrimination. Sexism is an unfortunate aspect of our modern society but the EPA seeks to combat it through positive legislation aimed at correcting the pay discrepancy between men and women in the labor force. Older workers also face a variety of impediments to their active inclusion in the labor force and the Age Discrimination in Employment Act (ADEA) of 1967 protects individuals who are 40 years of age or older from discrimination at work. Finally, people with disabilities face a plethora of hurdles in society and the Americans with Disabilitie s Act (ADA) of 1990 was established to ensure the full inclusion of people with disabilities in American society. Covering a wide variety of instances of discrimination, the ADA is the most recent piece of legislation mentioned above which aims to tackle problems associated with discrimination in the labor force (Bernbach 1996; Ripa 2007). Job discrimination prevents the active inclusion of certain types of individuals in the work environment and is detrimental both to the diversity of an office as well as to the productivity of a particular work space. Seeking to address the major challenges minorities face with respect to discrimination at work, the government has legislated policies to protect certain groups from harmful work practices. Job

Sunday, February 2, 2020

Petroleum economcs and project management Assignment

Petroleum economcs and project management - Assignment Example OPEC’s first price band mechanism was developed at its 109th meeting of its Conference in March 2000. This mechanism directs that the price of a barrel will range between $22-$28 in order to balance the needs of both the consumers and producers. This method has ensured that OPEC’s role in stabilizing the market is successful because since its inception, the average price of a barrel has been $25.30 per barrel. However, this price band mechanism states that 500,000 barrels per dollar should be added to the market in instances where prices rise above $28 per barrel. This is to ensure that cartels in the industry do not take advantage of high prices and create a shortage hence destabilizing the market. (Alvaro, 2003) As part of its role in ensuring stability in the oil market, OPEC is supposed to deal with shortages that arise from political instability in oil producing areas that may lead to sprawling up of prices. For instance the 2000 September 11 incidence in the USA followed by war in Iraq lead to ‘war premium’; a speculation of oil shortage due to effects of war. Therefore as part of its role in ensuring stability, OPEC convened a consultative meeting to discuss on the ways of countering the looming shortage. This conference was aimed at finding ways in which OPEC could provide assurances to the market that its member countries have the capacity to overcome any shortfall that may occur due to war in Iraq. During the conference, it was agreed that member countries raise their outputs to maximum to meet the market needs and at the same time reduce actual production so as to ensure the threat of over-supply during the season of low demand. (Edmund, 2006) Also, OPEC must demonstrate its commitment to ensuring that the prices do not rise and fall unstably. For instance, in the wake of the price weakness that followed the tragic bomb in September 11 and the war in Iraq, OPEC used the price band strategy in