Monday, May 11, 2020

The French Revolution And French Revolutions - 2006 Words

Although the American and French revolutions both took place in the late 18th century, both fought for independence, and both portrayed patriotism, the revolutions are markedly different in their origins; one which led to the world’s longest lasting democracy and the other to a Napoleonic Dictatorship. Political revolutions in America and France happened because people felt dissatisfied with the way their country was run. In North America they rebelled against rule from a foreign power, they wanted to rule themselves. In France the citizens executed their weak king and tried to introduce a democracy. Many features distinguish the French Revolution of English and American revolutions that preceded it. Finances: Both the American Revolution and the French Revolution were products of desperate economic conditions. France was having a budget crisis, they were bankrupt. Years of bad budgetary decisions and failed efforts to fix the problems. The king was forced to call together the estates general, a meeting of all three groups of the classes. During the meeting of the Estates General, the Third Estate spoke out on their unfair treatment. However, the nobles and clergy also felt that they too were being treated unfairly. Images of hungry and poor French peasants are still familiar. France was in crisis. Food was scarce, prices were high and the government was bankrupt. In order to line the royal coffers, Louis could either borrow or raise taxes, but first he would haveShow MoreRelatedThe French Revolution And The Revolution1523 Words   |  7 PagesThe French Revolution was a time rife with violence, with many revolutionaries using extreme actions to overturn the French Monarchy and create a government based on equality and justice, rather than tyranny and despotism. This violence reached gruesome and terrible heights throughout the revolution, but was justified by the revolutionaries, who believed that their goals of total equality, the end of tyranny, and the return to a virtuous society, allowed them to use means necessary to attain theseRead MoreThe French Revolution And The Revolution1336 Words   |  6 PagesAnalysis The French Revolution was such an important time history. Not only was it a massacre with many lives being lost, including that of Queen Marie Antoinette and her husband King Louis XVI, it was also a time of great political turmoil which would turn man against man that being the case of Edmond Burke and Thomas Paine. Edmond Burke a traditionalist who believed the people should be loyal to the king against his former friend, Thomas Paine a free thinker who believed in order for things toRead MoreThe Revolution Of The French Revolution1040 Words   |  5 PagesWhile there were political and social causes of The French Revolution the most important cause was actually economic. A few years before the French’s revolution the French spent approximately 1.3 billion livres, 13 billion dollars, on the American Revolution. This gracious contribution caused trouble at home. The French Revolution was one of the most important events in history. While it changed the social structure in France it also affected many different countries across the world. â€Å"the treeRead MoreThe French Revolution And The Revolution1640 Words   |  7 Pages The French Revolution is often seen as one of the most influential and significant events in world history (Voices 9). The surge of rebellion present in those against the old regime, or Ancien Rà ©gime, inspired reformers for generations to come. Nevertheless, the French Revolution would not have occurred without the aid of the Enlightenment Thinkers, or Philosophà ©s. These Philosophà ©s’ ideas sparked the French Revolution. Prior to the French Revolution, France was radically different. It was theRead MoreThe French Revolution And The Revolution1321 Words   |  6 Pages The French Revolution The French Revolution was an iconic piece of history that help shape the world. It was a time were great battles occurred. Blood sheds happen almost every day. The streets were red by the blood of bodies that were dragged from being beheaded. The economy was in bad shape. But before all of this the French had a few goals but there was one goal that they all wanted and that was to get rid of the monarchy. This idea did not arrive out of nowhere, the commoners were influenceRead MoreThe French Revolution And The Revolution1223 Words   |  5 Pages French Revolution As the Enlightenment began in the middle of the 17th century, people began to use reason rather than stick to tradition. New Enlightenment ideas spread throughout Europe such as ideas on government. Enlightenment thinkers such as Rousenan believed that the best government was one formed with the general consent of the people. Other Enlightenment thinkers such as Voltaire and Montesquieu believed in freedom of speech and a separation of power within the government. All of theseRead MoreThe French Revolution And The Revolution1221 Words   |  5 PagesWhen people think of the French Revolution, they immediately think of the country of France and how the Revolution affected it. What most people do not think about however, is how the Revolution affected other countries, specifically the country of England. England was affected positively and negatively by the Revolution in that there was an increase of political involvement, but there was a collapse in the economy due to war declared by France. The French Revolution created a battle of conflictingRead MoreThe French Revolution And The Revolution Essay2029 Words   |  9 PagesThe French Revolution was a period of great change it France. It was marked with approximately 10 years of extreme political, social and economic change, brought on by a great unrest from the French public, more specifically the third estate. The French Revolution is often deemed as one of the most pivotal moment in Modern European and world history. It is commonly referred as a political revolution with social consequences .It was perhaps one of the most volatile moment in history, historians themselvesRead MoreThe French Revolution And The Revolution1812 Words   |  8 PagesThe French Revolution was caused by a number of factors, all of which contributed to substantial shifts in lifestyle, government and power in France from 1789 to 1799 . These factors included, population growth and a declining standard of living, both of which increased pressu res on an inefficient economy. As well as writings and criticisms of the Royal government and Church, leading to harsher rule and subsequent rebellion. Also the efforts of the King and his ministers to reduce privileges, reformRead MoreThe Revolution Of The French Revolution1762 Words   |  8 PagesThe French Revolution was a huge turning point in the history of the world and also influenced a handful of future revolutions. This event also inspired a large assortment of paintings and literature. One of the most famous and recognizable paintings in the world that was created during the French Revolution was The 28th July: Liberty Leading the People. Eugà ¨ne Delacroix, whom was a French romantic artist, created this iconic painting in 1830 to commemorate the July Revolution (July 26th-29th, 1830)

Wednesday, May 6, 2020

Book Review Economic Justice in an Unfair World Free Essays

The book ‘Economic Justice in an Unfair world:Toward A Level Playing Field is written by ‘Ethan B. Kapstein’. This book focuses on the issue of what is meant by a fair global economy and how fundamental it is in this era. We will write a custom essay sample on Book Review: Economic Justice in an Unfair World or any similar topic only for you Order Now An unfair economy deprives the minorities or financially challenged of the basic rights of their life. The book is written in a market oriented manner which highlights the basic elements of an appropriate international economy as being inclusive, participatory, and welfare-enhancing for all states. The international economy should be structured so as it provides benefits to all economies of the world. Kapstein negates the radical redistribution schemes between rich and poor which cause the global economy to be unjust. He emphasizes, through his book on the point that a politically feasible approach to international economic justice could bring about the benefits of free trade and limited flows of foreign assistance so as to allow countries to earn more and make more profits. Kapstein not only focuses on the elements of a just international economy in his book but also writes about certain fundamental factors that contribute towards a just global economy such as: -Justice in labor -Migration -Investment The book is written for all those people who have concerns for the arguments and issues related to the reduction of poverty and global development. This book provides a detailed illustration of the international community, so as to locate the factors that should be considered in order to structure a global economy that emphasized the benefits of all nations. This book is a must read for people who would want to know about the basic questions relating to the moral economic philosophy. Kapstein makes the use of reasoned writing style in order to present his views to the reader. Through the contents of his book Kapstein attempts to challenge the West’s claim which states that the developing countries’ should aim at their own development efforts which should be focused on reducing poverty, and this aim should be achieved not through industrialization and economic growth but by the formulation of policies that are directed on the issue of poverty (Ethan B. Kapstein 2006). According to Kapstein, the fundamental element of an international compact is a ‘free-trade regime’ that provides a level playing field. The next factor on which Kapstein focuses in regard to the just international economy is ‘aid’. Kapstein emphasizes through the book on the concept that aid should be used and directed only towards the reduction of poverty but much importance should also be given on empowering the earning capacity of poor countries so that they can take active part on a level playing field. This objective can be achieved through the major shift from the present allocation priorities such as -Primary education -Basic health care -Favor of investment in ports, railways, and the customs and patents bureaucracies. The third point Kapstein discusses in the book is that since migration and remittance payments will become even more essential for developing countries in the future, it is important to create an umbrella regime so as to include issues related to migration, this would help in bringing stability and justice to policies that are now determined by each state. The fourth and last point discussed in the book is related to the issue of international investment most importantly foreign direct investment (FDI). He emphasizes that it should be included in the umbrella regime (Wade, 2006). Strengths and Weaknesses of the Book as compared to other similar readings The same point that is emphasized by Kapstein through his book ‘a just global economy cannot be achieved with only focusing on the factor of poverty reduction, but importance should also be given to the economic settings of nations’, is also debated over in ‘ The No-Nonsense Guide to International Development’ by Maggie Black. Through this article Maggie Black also emphasized that: -The facts that seem to wrong on paper look as wrong technologically or wasteful may have good characteristics on other terms like promoting local leadership, or vice versa -The main aid=development=poverty reduction does not help to understand the meaning and implication of what aid is or how it works (Black, 2002). The main strength of the book is that Kapstein has identified that focusing on poverty reduction will not be enough to justify the global economy by providing convincing arguments with references and quotes from established sources. The same issue has been brought into the light through ‘What I Learned at the World Economic Crisis’ written by Joseph Slightiz. He traces the failures of IMF’s out dated policies to asses and support, the economic conditions of developing countries through his article. Through this he claims that a large flow of power has occurred to the people who have brought the market to the far corners of the globe. These people were economists, bureaucrats, and officials who acted in the name of the United States and the other advanced industrial countries but they were not able to communicate as effectively as they spoke a language that few citizens could comprehend and that few policymakers bother to translate. Economic policy is the most fundamental part of the communication between America and the rest of the world. But it is a grave fact that the nature of the justice of international economy is not just or democratic where big parties such as IMF do not take country constraints into consideration while formulating policies (Stiglitz, 2000). A part of the book by Kapstein is focused on tracing some of the detail issues which are linked to the issue of a just global economy, as they are critical to a couple billion people around the world. Even if some modifications are made in how the WTO works, it would have a negative impact as on the lives of rural peoples, particularly in developing countries. Through the book Kapstein has debated over the topic that merely emphasizing on the issue of poverty is inadequate to make the global economy just as it does not put relations between states front and center. â€Å"It is governments,† he writes, â€Å"that sign treaties and agreements, impose sanctions and boycotts, and make war and peace, and it is governments that — for good or for bad — are ultimately accountable for their actions at home and abroad. † It can be simply said that a theory devised to justify the global economy must stress on the relations between states and the kinds of economic arrangements states subscribe to. Individuals are not the only moral agents but the states are also moral agents, who are responsible to one another as well as to their citizens (Rosenthal, 2006). Bibliography Black, Maggie, 2002. The No-Nonsense Guide to International Development, ch 2 3 Ethan B. Kapstein (2006) Review: Economic Justice in an Unfair world: Toward a Level Playing Field. . Retrieved on November 7th 2006 from: http://pup. princeton. edu/titles/8162. html Stiglitz, Jospeh,( 2000). â€Å"What I Learned at the World Economic Crisis. †Retrieved on November 7th 2006 from: http://www. mindfully. org/WTO/Joseph-Stiglitz-IMF17apr00. htm Joel Rosenthal, (2006). Economic Justice in an Unfair World: Toward a Level Playing Field Retrieved on November 7th 2006 from: http://www. cceia. org/resources/transcripts/5402. html Wade, Robert, 2006. Economic justice in an unfair world Retrieved on November 7th 2006 from: http://pienso. typepad. com/pienso/2006/09/economic_justic. html How to cite Book Review: Economic Justice in an Unfair World, Papers

Thursday, April 30, 2020

Organizational Staffing at Effective Management Solutions Company

Staffing is a very crucial management element that is involved with the coordination of the human resource or work force in an organization. It is a concept that has evolved over the years due to changes in the understanding of the aspect of human resource and the value attached to it. In the early days for example, employees were treated in a bad manner and could be replaced more often without consideration of the consequences the organization would face.Advertising We will write a custom essay sample on Organizational Staffing at Effective Management Solutions Company specifically for you for only $16.05 $11/page Learn More Currently, the need to treat employees in a good manner in an effort to maintain and retain them has been recognized and embraced. This is because the human resource is a crucial element that contributes to the success of an organization through driving other forces, for instance, the assets (Ployhart, Schneider and Schmitt, 2006). This paper looks at organizational staffing at the Effective Management Solutions Company with much emphasis being given to the Hiring and Variable Pay program (HVP). The situation Effective Management Solutions Company is an organization that has undergone a lot of changes in regard to the human resource area. It is a growing company whose focus areas include management systems, human resources, business process improvement as well as quality improvement. The organization’s desire to increase its revenue has necessitated the establishment of a strategic revenue growth plan, which in return has touched on the issue of human resource in the company. There is a need to enhance the workforce in the organization through increasing the number of staff and making the working conditions better for the purpose of retention. Currently, there is a high rate of turnover and hence the need for replacement staffing. This situation has therefore led to the need for changes in the human res ources and thus the establishment of the HVP program Attractiveness of the HVP program Despite the EMS Company’s efforts to enhance the human resource sector for instance through provision of competitive salaries and good benefit packages, there is still much that need to be done so as to achieve the targeted goals especially in regard to revenue growth. The HVP program has been proposed in an effort to place the EMS Company in a better position so as to achieve the projected results in terms of revenue growth. Its main focus is however to look into the current job offer practices in the organization so that the staff needed to fill the gaps are attracted and also retained in the company for consistence and good performance. The HVP program is relatively attractive to both the applicants and those who receive offers since the salary and benefits terms are enhanced. However, those who receive offers would find the HVP program most attractive. This is because they are presented with three plans from which they can choose the most suitable. This brings about convenience that will in turn enhance job satisfaction and good performance.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More HVP Program and Job Offer Acceptance Rate The HVP program will definitely have an effect on the job offer acceptance rate. The HVP program aims at bringing positive changes in the organization for instance increased job offer acceptance rate, reduced turnover and increased job satisfaction among others. The HVP program is likely to increase the job offer acceptance rate. This is because the new terms that are presented in the program are attractive. This includes the salaries and benefit packages which are some of the factors that determine an individual’s choice and acceptance of a given job in one company at the expense of another. This is however subject to other factors, for i nstance, the working conditions since some employees are not only interested with the pay but also working conditions such as job satisfaction and job security. HVP Program and Turnover Employee turnover is a concept that should be kept to the minimum rate possible. Staff turnover is the rate at which an organization gains and loses employees. It can be determined or viewed on the angle of how long an employee is retained in a certain organization. In regard to staff turnover, the HVP program is likely to reduce the rate of employee turnover. This is because the factors that facilitate employee retention such as good pay and benefits are looked at by the HVP program. This will increase job satisfaction of the employees and they will therefore not find reasons to move to other companies in search of satisfaction. It is therefore the responsibility of the human resource management body in any organization to ensure that employees’ job satisfaction is always enhanced since it no t only foster retention of the employees but also enhance performance that in turn leads to increased productivity and profitability (Taylor and Chartered Institute of Personnel and Development, 2002). Reaction of Current Associates to the HVP program Just like in any other aspect, there ought to be different reactions from the current associates in regard to the HVP program. Initially, there ought to be mixed reactions with some of the current associates supporting the HVP program fully and others rejecting it due to doubts of its effectiveness or the positive effects it would have to their employment. Resistance is the most probable reaction where even though the current associates may perceive that HVP program to be advantageous, they may not be willing to embrace it fully. However, there are those who may advocate for it due to the fact that its terms and conditions seem promising (Mathis and Jackson, 2010). Issues and Problems of the HVP Program Plan In as much as the HVP progr am may seem so attractive and promising, it will present some problems and issues not only to the human resources but also to the hiring manager. The three plans presented to the offered receiver, for instance, may bring about confusion where some may make wrong decisions. The problem comes in where the switching from one plan to another is only allowed once in a period of two years.Advertising We will write a custom essay sample on Organizational Staffing at Effective Management Solutions Company specifically for you for only $16.05 $11/page Learn More This may lead to job dissatisfaction and hence poor performance and to the extreme, it may lead to quitting. To the human resource manager, the HVP plan will add to his/her workload where he/she needs to look into all the changes that are proposed. There is also the issue of dealing with all the human resources problems that will emanate from the implementation of the HVP program. Recommended Changes in the HVP program To ensure that the HVP program is effective, there need to be some changes. There ought to be some flexibility where the staff is given some chance to switch from one plan to the other whenever there is a reason, for convenience purposes. The program should also be introduced at a moderate rate rather than at once to avoid any chances of confusion among the parties involved including the employees and the management body. Reference List Mathis, L.R. and Jackson, H.J. (2010). Human Resource Management. 13th Ed. Mason, OH: Cengage Learning Ployhart, E.R., Schneider, B. and Schmitt, N. (2006). Staffing Organizations: Contemporary Practice and Theory. 3rd Ed. New Jersey: Routledge Taylor, S. and Chartered Institute of Personnel and Development. (2002).The Employee Retention Handbook. London: CIPD Publishing This essay on Organizational Staffing at Effective Management Solutions Company was written and submitted by user Gisselle Nielsen 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.

Saturday, March 21, 2020

Victor Frankenstein Essays

Victor Frankenstein Essays Victor Frankenstein Paper Victor Frankenstein Paper I have been given the assignment of comparing three stories of anticipation in three dissimilar styles of script. Throughout this essay, I will converse on the subject of the way each story is written, how and why particular special effects are accomplished and what rudiments and elements contribute to the atmosphere and anticipation of the story. Finally, I will conclude as to which story I have found the most successful and explain why I liked it in detail. A principal feature to examine when studying a story, in my opinion, is the title. Titles of some stories give away the plots or endings, whereas others are totally abstract and thought provoking, providing absolutely no clue as to what the story will be about. Either Frankenstein or The Raven has the best titles out of the three stories that I have read. They give away that the story is about someone named Frankenstein or a raven, but nothing else that would ruin the plot or ending. This is beneficial to the reader, who would be able to get more involved in the story as more of the plot unfolds, particularly in a novel. The title Man Overboard, tells us that the story is about a man falling overboard. Primarily I considered it could be a metaphor, but after reading the story, I found that it wasnt. A story with a title that gives away the plot has some advantages and disadvantages. Giving away some of the plot could make the reader interested and make him or her want to know how that certain event happened, for example, how the man fell overboard. A lot of the time that is not always what happens. In some cases, the plot is given away too much by the title, which makes the story less exhilarating and impulsive for the reader. The three stories I read were in the form of a novel, a short story and a poem. This had a striking outcome on the way I thought about the stories and how I could scrutinize them. The novel contained many characters and minor plots scattered around a central story line. This made it exceptionally complex and hard to understand at times, which in fact kept me interested for the reason that I was determined to understand the story. Eventually, all of the smaller plots merged into one main plot. The novel contained various distinct ideas and philosophies about crucial and valuable subjects such as life, death and religion. The short story contained one plot and one main character and was a great deal easier to grasp. The plot was portrayed in a fair amount of detail and didnt contain any ideas or philosophies like the novel. The poem, in contrast, was written in structured verses and contained an even-handed amount of rhyme in each verse. It contained nineteenth century ideas about superstition and death, which made it more similar to the novel, but only had one plot neighbouring one main character. In Frankenstein, Mary Shelley creates many differences amid Victor Frankenstein and his creation, but simultaneously creates parallels between the two. Victors siblings and parents are perfect in his eyes and never deny him anything; whereas the creature is rejected by everyone who sees him from the moment he begins breathing. In spite of these differences, both characters develop problems as adults based on these childhood experiences, which ultimately cause others deaths as well as their own. Although Victors seemingly idyllic upbringing sharply contrasts with the creatures neglected childhood, both of these scenarios lead to their mutual destruction. While Victor experienced an apparently perfect, but in truth, overindulgent childhood, the creature is faced with constant rejection from the moment he is given life despite his inborn warmth and compassion. From the beginning of each of their existences, the two beings grew up under totally dissimilar pressures and influences. Victors parents respond to his birth as a gift from Heaven, whereas from the moment the creature draws breath, Victor, his father, abhors him. Indicating that as a child he never experienced unhappiness to any degree, Victor explains that his earliest memories are his mothers tender caresses and his fathers smile of benevolent pleasure while regarding him. When the creature is born, conversely, the first thing that happens to him is that his creator irrationally abandons the new being in his state of innocence because he is unable to endure the aspect of the being he had created. Shelley even uses parallel scenes where both Victor and the creature reach out for a parents love and reassurance and meet opposite responses to demonstrate their differing childhood experiences. Victor later becomes a egotistic adult who does not understand consequences and the creatures natural kindness develops into vengeful misery. Because Victor was never denied anything as a child, he grows up to be a self-centred being. While during his childhood he supposedly receives lessons of patience, of charity, and of self-control, he was so guided by a silken cord that all seemed but one train of enjoyment to him and, as a result, he never makes any mistakes and does not learn that there are in fact consequences to his actions. The creation of the monster itself is a selfish act that results from his pampered childhood because he never considers that there might be ramifications of some sort for the rest of humanity or even for himself. Because he develops this feeling of his own invincibility, when he decides to unfold to the world the deepest mysteries of creation, Victor is really only thinking of his own personal glory as a scientist and fails to recognise the possible problems that controlling nature to this extent can present. Victors and the creatures individual faults arising from their upbringings ultimately lead to their mutual destruction. Victors selfishness and the creatures vengefulness as adults lead to the deaths of those close to Victor. Because Victor denies the creature everything from love and compassion to acceptance, the creatures anger deepens and he is driven to kill Victors brother William as punishment. Williams death consequently causes the death of innocent Justine who is believed to be guilty of his murder. These deaths occur because Victor grew up without the understanding of consequences and he, as a result, selfishly denied the creature of the necessities that would have prevented him from committing such abhorrent crimes. By killing Victors closest friend Clerval and then Elizabeth, his lifelong companion, the creature continues to act on his vengeful feelings because Victor continues to deny him necessities and destroys the monsters own future companion before his eyes. The creature resorts to this life of despondency and violence because of his childhood of neglect and the resulting adult rejection he later experiences.

Thursday, March 5, 2020

Renaissance King Francis I of France

Renaissance King Francis I of France King Francis I was also known as Francis of Angoulà ªme (in French, Franà §ois dAngoulà ªme) King Francis I was known for His sponsorship of the arts; he has been called Frances first Renaissance King. Francis is also known for his bitter rivalry with Emperor Charles V. Occupations and Role in Society KingMilitary Leader Places of Residence and Influence France Important Dates Born: Sept. 12, 1494Crowned: Jan. 1, 1515Cloth of Gold Meeting Ends: June 24, 1520Treaty of Madrid ends imprisonment: Jan. 14, 1526Captured at Battle of Pavia: Feb. 24, 1525Died: March 31, 1547 About Francis I Known as Francis of Angoulà ªme (in French, Franà §ois dAngoulà ªme) until he succeeded his cousin at age 20, Francis was a passionate, intelligent, chivalrous knight who loved life. His trusting nature made him a poor politician, but he nevertheless saw success as a conqueror and a peacemaker before the accession of his bitter rival, Emperor Charles V, made his life and reign a tragedy. Late in his reign, Francis wish to diffuse the fanaticism of Reformation conflict was overrun by his staunchly Catholic ministers, and France became the site of severe persecutions of Protestants. As a young man, Francis was also a humanist and sponsor of the arts, and is sometimes considered Frances first Renaissance King. He supported and encouraged many fine artists, among them Leonardo da Vinci, who died at Cloux (now called le Clos-Lucà ©), the summer residence of the French king.

Monday, February 17, 2020

Business Studies Essay Example | Topics and Well Written Essays - 250 words

Business Studies - Essay Example Teamwork, time management, personal organization, among others are examples of transferable skills. These activities may be a particular initiative in school, corporate leadership, volunteerism, supervisor ship, among others. A good work skill needed in my business career may include change in managerial technique and adoption of information technology in business management. A transferable skill in my business career would be ability to communicate effectively with managers and subordinates at workplace. Transferrable skills such as effective communication may be used professionally when communicating with customers. Transferrable skills are crucial for success in today’s world where competition is high and establishing professional niche is challenging. In addition, these skills are good as they are applicable from job to job. It is worthwhile noting that job related skills are unique (Â  Rothwell 323). More importantly, work related skills are unique to a particular work environment. However, it is imperative to integrate job related and work content skills in order to achieve more synergistic approach to

Monday, February 3, 2020

Macy's case Essay Example | Topics and Well Written Essays - 1500 words

Macy's case - Essay Example Macy’s has for some period has been one of the most influential and innovative players in departmental store sector, contributing to adoption of numerous managerial and technological innovations that include data processing, store merchandising, inventory control, among others. By the 50s, almost every state, in America, had its own departmental store. However, fifty years later, this had changed drastically with a decline in sales. Macy’s decided on converting regional departmental stores into one brand while also repositioning the store in order to differentiate it from its competitors. While the move was derided in some quarters as futile due to the demise of the departmental store as a whole, some analysts were of the idea that the store’s strategy was vital in revitalizing the declining industry. Which factors in the external environment could affect (positively and negatively) the success of Macy’s new strategy? Which internal factors could affect th e success of the company’s strategy? Departmental stores are currently in danger of extinction. While there were thirty-five major chains of departmental stores in the 80s, there are only thirteen left in operation today. Conventional departmental stores in the 90s accounted for two and a half percent of total income for American households, which have dropped to 1.6%, forcing departmental stores to reinvent their business strategies or suffer the risk of being run out of business. This results in the emergence of two models in for the departmental store sector in search for a profitable return. One has been the strong retail brand. The approach has been successful for departmental stores in the promotion and creation of in-house merchandise brands. Departmental stores are, therefore, able to promote their brands and name, assuming that the brands will reach a significant level of popularity, as opposed to relying on individual third party brands. Another model involves the s howcase approach that involves leveraging vendors of brands that are accountable for a substantial share of the retail process. The key, in this model, is the promotion of the shopping experience attraction, although this model leads to lower margins of profit. One factor that affects retail sales is the economic environment that dictates the consumer’s expendable income. At Macy’s 2005 consolidation, the retail business operated under positive economic conditions. This changed in 2008 with the advent of the economic recession that stretched throughout 2010. Some improvement was noted in 2011, although this was tempered by the increased oil prices and an increase in cotton prices. Another factor was industry products and services with the new departmental store model of the 90s utilizing decreased space and coming to resemble specialty-clothing stores. Women’s products, such as cosmetics and apparel wear accounted for sixty percent of floor space, men, and child ren accessories accounted for 20%, and household goods accounted for 20%. The new model did away with traditional departmental store wares. Departmental stores placed increased emphasis on fashion, differentiating them from low-end competitors and responding to complaints of blandness from customers. Departmental stores also began attempts at developing unique positions from a selection of five categories including low end, lower middle, upper-middle, high-end