WestJet Airlines Case Analysis

Introduction WestJet Airlines is an airline company in Canada that has gone beyond all odds and managed to be at the helm of the hospitality industry. All of its founders have always believed that the key behind the company’s success is their consistency in culture and service production. The origin of this company is 1994 when one entrepreneur, Clive Beddoe, thought it was cheap to own a private jet to facilitate his weekly business travels between the two cities of Vancouver and Calgary.Advertising We will write a custom essay sample on WestJet Airlines Case Analysis specifically for you for only $16.05 $11/page Learn More Amazingly, this did not just end at that. Clive and other partners thought it wise to offer charter transport to other likeminded business people who made trips to and from the two cities just like them. This eventually became a business opportunity for Clive and his crew. They realized the potential in commercializing the cha rter transportation of the likeminded business people. After extensive consultation with other entrepreneurs, Clive and his crew partnered with Neeleman to come up with a comprehensive financial model and business plan. They then came up with cheap, point-to-point airline services that were proposed to operate in the western region of Canada. This business plan seemed so viable and attracted quite a number of investors who miraculously raised the needed capital worth millions of US dollars in less than a month. The company’s first employees moved to their very first offices in downtown Calgary (Ken, and Gerard, 52). It is important to note that in November of the same year of its conception, the company managed to purchase two Boeings 737-200 and bought a third in early January of 1996. During its first stages of operation, WestJet Airlines flew its jets to the cities of Kelowna, Calgary, Vancouver, Winnipeg and Edmonton. It was not long before the company extended its wings to the cities of Ottawa, Moncton and Hamilton; where it actually built an international airport as its eastern base. Since then, WestJet Airlines has registered enormous growth. Problems facing WestJet Airlines The company’s culture could be a possible problem. WestJet Airlines’ founder, Beddoe, had once said in an interview that the success of the company lies entirely on its culture. The company is famous for its culture. Its director for communications and public relations describes the culture as youthful, fun and relaxed (Ken, and Gerard, 53). This is particularly true because it involves doing things in a standard way and in a completely different manner from other airline companies. For instance, the authorities at the call center where travelers make their bookings have the mandate to override fares. That notwithstanding, the authorities have the power to decide whether to charge clients for cancelling their flights or not. In some occasions, these personnel ha ve the power to decide whether to charge unaccompanied minors or not.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More To some extent, this culture has played a vital role in making WestJet Airlines a unique company. It might not seem like a problem or setback to the effective management of the company at this moment. However, this culture may pose serious challenges in the near future especially due to the fact that the company is growing rapidly. At this juncture, it is wise to say that the senior management still trusts the company’s representatives in having the company’s interests at heart. This may not be the case especially when the company expands and extends its branches to numerous cities. The reason for this is the difficulty in monitoring the extended branches remotely. Apart from the difficulty in monitoring company branches remotely, other managerial loopholes lik e overriding of fares and policies of cancelation of bookings needs unequivocal monitoring. This can only be done comprehensively when the number of such anomalies is manageable. In the event that the management has to monitor such scenarios in quite a number of branches, there is bound to be untraceable discrepancies. This should be a cause of alarm because of the high rate of growth of the company and especially because the errors involve money. First, additional employee training is inevitable when new patterns emerge in these trends (Ken, and Gerard, 53). The training obviously needs time and money. Additionally, there are probably no previous events to base the trainings on hence everything becomes pure guess work and bogus. Another problem is the fact that WestJet Airlines only flies one type of aircraft (Ken, and Gerard, 54). That notwithstanding, the company relies so much on internet tickets, provided limited in-flight services and does not have flyer programs. This is an i ndication that the company does not diversify its services. This translates to attracting only one type of client. At the moment, this could not seem like a possible challenge to growth. The company does well in its overall productivity and perhaps this is attributed to the standard procedures that have been operational since the inception of the company. In the future, however, this could be a serious hindrance to continued growth as it gives clients no diversified services. It is important to note that competition will do whatever it takes to woo clients. In this hospitality scenario, utter guest satisfaction is the key to success. For instance, WestJet Airlines does not offer any meals and offers only one class services (Ken, and Gerard, 54). This might be seen as a weakness by competition.Advertising We will write a custom essay sample on WestJet Airlines Case Analysis specifically for you for only $16.05 $11/page Learn More Alternatives Provide me als for travelers Offer different types of flights Offer different classes of services Provide standards for operation as opposed to employee own judgment In a hospitality industry like WestJet Airlines, impressing the customer is paramount. Clients have a weakness of revisiting only the places where they were previously most satisfied and impressed. In as much as the company does well in its overall performance without offering meals to clients, it should think about doing better by giving its clients a reason to smile. It is important to note that if the company does not impress its customers another company will. For this reason, the management of WestJet Airlines should not wait until their customers are impressed by other companies before they do the same. The fact that WestJet Airlines offers only one type of flights indicates that it attracts only one type of clients (Ken, and Gerard, 56). There are customers who would want to hire jets to their destinations. However, they a re driven away to other airlines by the fact that WestJet Airlines only has Boeings. The last thing a business institution should do is create market for its competitors. In this case, a client will less likely return to WestJet Airlines even if he or she needs ordinary transport services. WestJet Airlines does not provide different classes of services (Ken, and Gerard, 54). In business, differential pricing helps in maximizing the profits. There are obviously clients who are willing to pay more than others for traveling in the same aircraft and covering the same distance simply because of a little more comfort. The company should take advantage of this and make more money. The reason why WestJet Airlines is able to tally its financial records even after its representatives at the call center make independent decisions of whether to fine clients for late cancellation of bookings and whether to charge unaccompanied minors is because of the manageable number of clients. While consider ing the enormous growth of the company, it is important to note that the number will be unmanageable soon. The company should, therefore, consider implementing a standard procedure for handling such issues. Solution The best of the alternatives that WestJet Airlines should be keen about is formulating standard policies for handling certain issues as opposed to giving employees the liberty to make certain independent decisions. For instance, the decision of whether to charge unaccompanied minors should be standardized. The management should decide whether the minors should be charged for services or not. Whatever decision it makes should become a policy and a standard procedure for handling all similar cases. This may be part of a longtime strategy to factor in the possibility of registering an increased number of clients in future.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This is perhaps the most reliable means of avoiding all the financial discrepancies that may be associated with dissimilar pricing. It is sometimes important to have standard prices especially in rapidly growing organizations like WestJet Airlines in order to ease auditing. It is, therefore, imperative that the company considers having in place strategies projected to counter future anomalies (Ken, and Gerard, 59). Conclusion WestJet Airlines has been, for a long time, ranked among the few most money-making airlines in North America (Ken, and Gerard, 52). It has overcome serious challenges including high fuel costs and the dwindling economy. Nonetheless, the company should opt diversifying its services in a bid to attract a variety of clients. Works Cited Ken, Mark D., Gerard, Seijts T. â€Å"WestJet Airlines.† The culture that breeds a passion 38.3 (2001): 52-61. Print. This essay on WestJet Airlines Case Analysis was written and submitted by user Dark Wasp to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Standing Waves on a String Essays

Standing Waves on a String Essays Standing Waves on a String Paper Standing Waves on a String Paper The objective of this experiment is to study the resonance modes of a stretched string by measuring directly in order to test the theoretical formula which relates the tension in the string to its length, mass, resonance frequency, and mode of vibration.  Definition of Standing Waves:  An oscillation pattern that has an outline which is resulting from the superposition of two identical waves traveling in opposite directions. Superposition occurs when two or more  waves are moving through a same linear medium at any point that the algebraic sum of the waves will be the resultant wave. Standing waves are produced from transverse sinusoidal waves having the same amplitude, frequency, wavelength, but traveling in the opposite directions in the same medium.  Sinusoidal Wave  Standing Waves at Fixed Ends:  When a string is put at two fixed ends and a tension is applied, waves are set up in the string as a superposition of waves that are reflected from both ends. Under a tension the string will oscillate and can reach several nodes of vibration. Nodes occur where there is not any amplitude, motion, in the string (wave). Antinodes occur where there is maximum amplitude and motion in the string (waves). The fixed ends of string are each nodes on the string. The distance between two nodes is equal to   where is the wavelength. The distance between a node and antinode is equal to 4. In the figure indicated below, the nodes and antinodes of the wave are labeled. In a wave, the distance between the nodes (1) and antinodes (2) is given by the formula:  (1) X = n (? / 2) n = 0, 1, 2n, where n can be any real number  Ã‚  (2) X = n (?/ 4) n = 1, 3, 52n+1 where n can be any real number  In a string that is fixed on both ends, no vertical oscillation will take place at the points of nodes. However, for the rest of the points in the medium of the wave there will be the same frequency, and vertical displacements will differ for each point throughout the medium of the wave. The string can have several patterns of oscillation. Each pattern is unique in its own form, and there is a different frequency for each pattern. These different patterns of oscillation are referred to as normal modes or harmonics. The length L of the string between the fixed ends of each different pattern of oscillation is given by the formula:  It was observed that the mass of the string per unit of length () can be found by knowing the frequency of a string, tension and the mode of vibration. In this experiment the mass of the string per unit of length was measured with two different methods. In the first method, the mathematical formula was used to calculate the for different patterns of created standing waves. In this formula, slope can be found from the à ¯Ã‚ ¿Ã‚ ½ vs. n graph. Then the final result was found by calculating the average of obtaineds. The second method was measuring the directly by using the formula , where the mass of the string was determined by using the electrical balance. The average that was calculated in the first method was (4.84 0.05) 10-4 Kg/m, and The value of by using the direct measurement was 5.1010-4 Kg/m 1.03   10-6 Kg/m. These two results are close to reach other, but the result by using the second way is more accurate because of the fact that in the second method an electrical balance was used to measure the weight of the string which is relatively more accurate. Since the mass of the string per unit of length values obtained through the both methods had minimum differences, this experiment was relatively a success. When finding resonance frequencies it was also known that the 2nd mode of vibration should be double the fundamental frequency. For example3 = 1 and so on. Although the values obtained for higher modes of vibration were close to being multiples of one another, they were not exact. The causes of why these errors have occurred are due to a number of reasons. The air resistance could have affected the standing wave of the string which consequently affects the frequency of the wave. When the string reaches higher modes of vibration becomes more difficult to sense where the nodes are which will impact the frequency. There also could have been some errors in weighing and measuring the length of the string. To reduce the errors of this experiment it could have been performed several times.

The Consequentialism Approach Adopted by Andrews and Dans Research Paper

The Consequentialism Approach Adopted by Andrews and Dans - Research Paper Example The fundamental theory underlying Kantian ethics emphasizes actions in congruence with laws that are universally known/accepted and to avoid actions that are against laws that are internally inconsistent. The present situation has the need to follow this deontological reasoning. Applying another perspective to this situation, it is the utilitarianism that needs to be considered because the decision to be taken by the management should seriously consider the consequences versus advantages. Hence, revoking the incentive program needs a serious thought keeping various perspectives in mind other than cost-saving and business growth. Contemporary ethics place people at the centre of all ends, and hence the decision-making should be based on strategic and ethical grounds. From the Kantian deontological perspective, it is imperative that ZNE Technologies abides by the law that is constant and well-defined. The French employment law does not permit unilateral modification of employment contr act or parts of the contract. If modification becomes imperative, it might be accomplished only after renegotiation and mutual consent of all parties involved, which in this case would be every employee that was promised the incentives in the employment agreement and the management. Any other formalities involved should also be respected and abided by. The modifications have to be in written form in order to ensure clarity and avoid future problems. By doing so, management can also avoid violation of a statute of frauds and prior approval obtained from all necessary people, if required.

Psychology. Diary Activity Essay Example | Topics and Well Written Essays - 1750 words

Psychology. Diary Activity - Essay Example Submissive Diary Exercises: 1. I should more aggressive in fulfilling what I want to achieve in life. I should be assertive of my rights, and I should be submissive to the rule and policies of the schools. 2. I should be more assertive of my right to be heard when I am accused of something that I have not done. I should be less passive when I feeling that my rights are being trampled. 3. I should be more assertive in expressing what I want to do. I should be less aggressive when explaining my points. Activity: 1. When you were late for the third time and I feel all right because you were always apologetic. 2. When you raise your price in the clinic, I feel unhappy because I cannot afford the price anymore. 3. When you complained of not getting the result, I feel frustrated because you did not implement what were recommended. 4. When my partner leaves his dishes in the sink after coming home late from work, I feel irritated because he continued to do so for a week. 5. When you borrow my car, I feel irritated because you left it without petroleum. Diary Exercise: 1. A situation where I said yes but would have wanted to say no was when I was asked to donate some money for a non-governmental organization. 2. I wished to say no because I was afraid I will be short of money. 3. I decided to say yes because I do not want to disappoint the expectations my classmates. 4. I felt good because I have something good for humanity and that I did not embarrass my classmate. 5. I feel that I earned his respect. 6. I would have preferred saying yes. After all I can ask from my parent additional allowance for school. Page 43 1. Active listening reduces the defensiveness of the other person because when one is actively listening he can effectively employ...Where in her childhood a woman experienced humiliation or never appreciated or recognized for what she had done or said she will not feel comfortable of expressing her thoughts even when she becomes older. 3. Language is a barrier to assertion. When a person cannot express his thoughts and his ideas because he does not have ample language facility he cannot assert his point. It is important therefore that a person must have a rich world bank so that he can competently express what he has in his mind. 1. Active listening reduces the defensiveness of the other person because when one is actively listening he can effectively employ different skills that would physiologically and psychologically encourage the speaker. The listener can be persist, or negotiate or employ the three-part messages of assertion. Scenario 1: There is the need fro active listening and assertion. As soon as the client is ready to listen there is the need to explain the process and explore on the needs. The client must collaborate and must be patient undergo the process of treatment. He should be willing to put his trust. Mapping can be utilized in this situation. Scenario 2: There is the need to come up with an action plan that must be implemented or carried out so that it would be clear who would work on it, how it should be done, and when it shou

Import and Export Coursework Example | Topics and Well Written Essays - 1000 words

Import and Export - Coursework Example (Maxwell, 2014) In China, under the Hygienic Standard for Cosmetics (2007 edition), cosmetics cover all kinds of industrial chemicals for daily use which are spread on the outer surface of the human body (e.g. skin, hairs, nails, lips etc) for the purposes of cleaning, deodorizing, skin care, beauty and make-up. The approval of imported cosmetic products is usually going through at the national level in Beijing, while the registration of domestic products is performed at the regional level. (Và ©rot, 2013) For a brand, the whole registration process would require one year in average for new products with a new formula, in particular due to the toxicology tests that must be performed in China. Such a delay may lead to tricky situations, in particular for products that must be marketed quickly, especially on some special occasions such as Chinese New Year or the upcoming Singles Day on the next November 11th. (Và ©rot, 2013) The EU is committed to open trading relations with China. However, the EU wants to ensure that China  trades fairly, respects intellectual property rights and meets its WTO obligations. China Company looks for materials that are in the middle range, based on the marketing analysis and the price range that our prospective customers can pay. At the 16th EU-China Summit held on 21 November 2013 both sides announced the launch of negotiations of a comprehensive EU-China investment agreement. The Agreement provides for progressive liberalization of investment and the elimination of restrictions for investors to each others market. (Anonymous, 2013) All cosmetics imported into China are required to obtain pre-market approval or notification from the Chinese State Food and Drug Administration (SFDA). The approval is referred to as either the Administrative Approval or Administrative Notification. (Matthew, 2012) III. Hygiene license or record-keeping certificate; for cosmetics

Evolutionary Approaches to Economic Change

Evolutionary Approaches to Economic Change What is the evolutionary approach to economic change? How does it compare with conventional approach in mainstream economics? Introduction The changes in the economic process brought about by innovation, together with all their effects, and the response to them by the economic system, we shall designate by the term Economic Evolution†, Schumpeter (1939).[1] The above description of economic evolution by Schumpeter aptly illustrates the picture of the evolutionary approach to economic change, where innovations and technology set the economic system in dynamic motion.[2] It takes into account the complexity of economic change by emphasizing: a.) the importance of technology as a contributing factor to economic change; b.) the factors that create states of disequilibrium; c.) the uncertainty of the economic system; d.) the importance of entrepreneurship; and e.) the diversity of growth rates. The evolutionary approach emphasizes dynamism in terms of competition between and among firms, which necessitates making new adaptations to the changing environment brought about by transformations created by other firms. [3] On the other hand, the conventional approach to economic change in mainstream economics perceives economic change as a function of savings, population growth and technological progress (which are viewed as exogenous), ascertain t he static income per capita levels. [4] It assumes that the growth rate of total output will in fact, always move towards a given constant level which represents a state of steady economic growth. [5] Moreover, the conventional approach operates on the basis of assumptions that center on the existence of perfect information, absence of uncertainty and achievement of warranted economic change. Comparative Analysis of Evolutionary and Conventional Approaches to Economic Change Evolutionary and conventional approaches to economic change differ in many aspects. In the context of economic change, these important differences center on the following points: a.) use of metaphors; b.) states of equilibrium / disequilibrium; and c.) emphasis on technological progress as input to economic change. Use of Metaphors The evolutionary approach uses biological metaphors to explain economic change, which uses the living organism in its analogy in effecting such change. This approach uses biological / genetic mutations to represent the small changes coming from investments in already existing enterprises. The process of mutation as evolutionary adaptation for survival lies on the nature of biological mutations which happens at random and where natural selection weeds out the unsuccessful species. Similarly, economic change in the context of the evolutionary approach occurs in a competitive environment where changes are made at random and where enterprises with less efficient management systems become the unsuccessful ones. On the other hand, the conventional approach uses physical metaphors such as investments taking the form of physical inputs such as â€Å"modifications of existing factories, fields, roads, harbours, etc†. [6] States of Equilibrium / Disequilibrium The evolutionary approach highlights the dynamic interaction of the various firms, consumers, households and markets, taking into account the distribution of income and production among them, thereby emphasizing the influence of a diverse group of variables on economic change. This is in stark contrast to the consideration of the economy as an aggregate entity by the conventional approach. In effect, the variables being diverse and numerous in the perspective of the evolutionary approach, potentially create states of dynamic disequilibrium within the economic system. These states of disequilibrium are in fact embodied in the structural change within the economic system which is â€Å"a necessary reflection of diversity in the growth rates of different activities.[7] It rejects the classical assumption of Say’s Law [8] , [9], since the evolutionary approach is grounded on a more realistic view of the economy where society places a value on the goods produced based on its prefe rences and tastes, thus, the uncertainty of gains and losses are well taken into account. This realistic view of the evolutionary approach to economic change therefore delves into the interaction between the diverse agents or actors involved in the economic system as a whole. These interactive processes being essentially dynamic and transformative in nature, expose the economic system into more random forces that lead to a disorderly state or to a state of disequilibrium. In this scenario, market processes shape the competitive process which breeds innovation consequently leading to the restless quest for technological progress. Technological progress later determines market share and hence, becomes a useful yardstick of competitive edge. In this case, there is hardly any state of equilibrium, but instead, there exist randomly interacting forces colliding with one another, producing further disequilibrium in the economic system. A useful analogy would be to equate biological evoluti onary forces that determine the likelihood of an organism to survive in a constantly changing environment, to the economic factors that cause disequilibrium which determine the competitive strength of firms in the face of imperfect competition. The conventional approach views economic change as a stationary or static process, and thus, the growth of all activities† are â€Å"at a uniform rate†. [10] The neoclassical theory which follows a conventional approach negates the importance of economic forces that often influence the rate of economic change, making it an idealized approach. Thus, in this case, there is a total absence of unemployment or inflation, while what exists is a uniform return to scale. This approach models economic change in a state of equilibrium where economic decisions are made from perfect information, and are carried out with â€Å"perfect foresight and precision so that there is never any excess supply of or, excess demand for, labor or land.† [11] This approach also assumes that a perfect suitability exists in production between capital goods and consumption goods, thus, â€Å"only one commodity is produced which may be used either for final consumption or for addition to the st ock of instruments of production.† [12] Hence this steady state of economic change in the perspective of the conventional approach assumes that: (i) all elasticities of substitution between the various factors are equal to unity, (ii) technical progress is neutral towards all factors, and (iii) the proportions of profits saved, of wages saved, and of rents saved were all three constant, [13] The conventional approach inherently possesses an â€Å"apparent inability to account for observed diversity across countries† and a â€Å"strong and counterfactual prediction that international trade should include rapid movement towards equality in capital-labor ratios and factor prices.† [14] Since it emphasizes the production function where the relationship of inputs of factors used to generate the output becomes a major consideration, in effect, it uses the classical assumption of Say’s Law.[15] Technology as Input to Economic Change The evolutionary approach to economic change emphasizes the role of technological knowledge in the improvement of economic productivity. It presupposes that technological progress and innovation are central to the attainment of economic change. J.S. Gans asserts that acceleration to the growth rate could be achieved if resources would be allocated to the production and distribution of knowledge. [16] The endogenous sources of technological progress and innovation are the institutions and organizations within which it becomes an integral part. This approach emphasizes the need to capitalize on institutions and organizations as sources of technological knowledge, in effect highlighting the importance of entrepreneurship in the quest for economic change. The costliness of technological innovation becomes embedded in the central factor of entrepreneurship which is viewed as a factor that drives capital deepening through shifts in the production function to achieve a higher rate of techno logical progress.[17] The conventional approach regards technology as exogenous and therefore is not regarded as an inherent part of the economic system . It does not trace the source of economic growth to technological innovation and consequently assumes that technology is a free good,â€Å"manna from heaven.† [18] Conclusion In the final analysis, the revolutionary and conventional approaches to economic change lie on opposite planes of the overarching concept of economic change. Their differences lie on the following salient points: The evolutionary approach emphasizes: the use of biological metaphors, dynamic change, and disequilibrium factors in a diverse economic system and entrepreneurship; and puts significant consideration on the role of technological knowledge as an endogenous part of institutions and organizations responsible for wealth creation and distribution. The conventional approach on the other hand, espouses: the use of physical metaphors, static or comparative static condition; disregards entrepreneurship due to the aggregate production perspective; and considers technological knowledge as a free, exogenous good , not directly associated with wealth creation and distribution. References: Dosi, G., Nelson, R. R., â€Å"Evolutionary Theories†. In Markets and Organization, ed. Arena, R., Longhi, C., 205-234. New York: Springer – Verlag, 1998. Gans, Joshua, S. â€Å"Knowledge of Growth and the Growth of Knowledge†. Information Economics and Policy, 4 (1989/91): 201 – 224. Green, Eric Marshall. Economic Security and High Technology Competition in an Age of Transition: The Case of the Semiconductor Industry. Westport, CT: Praeger Publishers, 1996. Lucas, Robert, E. Jr., â€Å"On the Mechanics of Economic Development† . Journal of Monetary Economics , 22 (July 1988): 3-42. Martens, Bertin. The Cognitive Mechanics of Economic Development and Institutional Change. New York: Routledge, 2004. Meade, J. E. A Neo-Classical Theory of Economic Growth. New York: Oxford University Press, 1961. Meliciani, Valentina. Technology, Trade, and Growth in OECD Countries: Does Specialisation Matter?. London: Routledge, 2001. Metcalfe, J. Stanley. Evolutionary Economics and Creative Destruction. London: Routledge, 1998. Metcalfe, J.S. â€Å"Knowledge of growth and the growth of knowledge.† Journal of Evolutionary Economics, 12 (March 2002): 3-15. Nelson, Richard. How New Is New Growth Theory?. Challenge 40, no. 5 (1997): 29+. Reinert, E. S., Riiser, V. Recent Trends in economic theory – implications for development geography. Oslo, Norway: Studies in Innovation and Economic Policy ( Step Group) , 12 (August, 1994): 1-12. ISSN : 0804-8185. Available from: http://www.step.no/reports/Y1994/1294.pdf. Accessed ; 18, November, 2006. Scott, Maurice Fitzgerald. A New View of Economic Growth. Oxford: Clarendon Press, 1991. Sengupta, Jati K. New Growth Theory: An Applied Perspective. Northampton, MA: Edward Elgar, 1998. 1 Footnotes [1] J. Stanley Metcalfe, Evolutionary Economics and Creative Destruction (London: Routledge, 1998 ): 103. [2] Giovanni Dosi, Richard R. Nelson, â€Å"Evolutionary Theories† in Markets and Organization, ed. Arena, R., Longhi, C. (New York: Springer – Verlag, 1998): 205-234. [3] Maurice Fitzgerald Scott, A New View of Economic Growth (Oxford: Clarendon Press, 1991): 124. [4] Jati K. Sengupta, New Growth Theory: An Applied Perspective (Northampton, MA: Edward Elgar, 1998): 13. [5] J. E. Meade, A Neo-Classical Theory of Economic Growth (New York: Oxford University Press, 1961): 30. [6] Maurice Fitzgerald Scott, A New View of Economic Growth , 125. [7] J. S. Metcalfe, â€Å"Knowledge of growth and the growth of knowledge†. Journal of Evolutionary Economics 12 ( March 2002): 3-15. [8] Say’s Law assumes that â€Å"everything produced has some value for the community†. [9] Joshua S. Gans, â€Å" Knowledge of growth and the growth of knowledge†. Information Economics and Policy 4 (1989/91): 203. [10] J. Stanley Metcalfe, Evolutionary Economics and Creative Destruction, 3. [11] J. E. Meade, A Neo-Classical Theory of Economic Growth (New York: Oxford University Press, 1961): 4 [12] Ibid, 6. [13] . J. E. Meade, A Neo-Classical Theory of Economic Growth, 30. [14] Robert E. Lucas, Jr., â€Å"On the Mechanics of Economic Development†. Journal of Monetary Economics 22 (July, 1988): 3-42. [15] Joshua S. Gans, â€Å"Knowledge of growth and the growth of knowledge†. Information Economics and Policy 4 (1989/91):203 [16] Joshua S. Gans, â€Å"Knowledge of Growth.., 220. [17] J. S. Metcalfe, â€Å"Knowledge of growth†¦, 4. [18] Erik S. Reinert and Vermund Riiser. Recent Trends in economic theory – implications for development geography. (Oslo, Norway: Studies in Technology, Innovation and Economic Policy: Step Group, 1998): 10. ISSN: 0804-8185. Available from: http://www.step.no/reports/Y1994/1294.pdf. Accessed: 18 November, 2006.

Up The Coulee :: essays research papers fc

Reconciliation   Ã‚  Ã‚  Ã‚  Ã‚  In â€Å"Up the Coulee,† Hamlin Garland depicts what occurs when Howard McLane is away for an extended period of time and begins to neglect his family. Howard’s family members are offended by the negligence. Although his neglect causes his brother, Grant McLane, to resent him, Garland shows that part of having a family is being able to put aside negative feelings in order to resolve problems with relatives. Garland demonstrates how years apart can affect family relationships, causing neglect, resentment, and eventually, reconciliation.   Ã‚  Ã‚  Ã‚  Ã‚  After a decade of not seeing his mother and brother, Howard returns to his hometown in Mississippi. It is evident how thrilled he is. As the train approaches town, he begins â€Å"to feel curious little movements of the heart, like a lover as he nears his sweetheart† (par. 3). He expects this visit to be a marvelous and welcoming homecoming. His career and travel have kept his schedule extremely full, causing him to previously postpone this trip to visit his family. Although he does not immediately recognize his behavior in the past ten years as neglectful, there are many factors that make him aware of it. For instance, Mrs. McLane, Howard’s mother, has aged tremendously since he last saw her. She has â€Å"grown unable to write† (par. 72). Her declining health condition is an indicator of Howard’s inattentiveness to his family; he has not been present to see her become ill. His neglect strikes him harder when he sees â€Å"a gray â₠¬â€œhaired woman† that showed â€Å"sorrow, resignation, and a sort of dumb despair in her attitude† (par. 91). Clearly, she is growing old, and Howard feels guilty for not attending her needs for such a long time period: â€Å"his throat [aches] with remorse and pity† (par. 439). He has been too occupied with his â€Å"excited and pleasurable life† that he has â€Å"neglected her† (par. 92). Another indication of Howard’s neglect is the fact that his family no longer owns the farm and house where he grew up. They now reside in a poorly conditioned home: It was humble enough--a small white house, story-and-a-half structure, with a wing, set in the midst of a few locust trees; a small drab-colored barn, with a sagging ridge pole; a barnyard full of mud, in which a few cows were standing, fighting the flies and waiting to be milked. (par. 74) Grant explains to Howard, who has obviously forgotten, that the mortgage on the old farm was too expensive for them to afford.