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Topic Review
Organizational Self-Management
Organizational Self-management, also referred to as Workers' Self-management, Labor Management and Autogestión (see also workers' control, industrial democracy, democratic management and worker cooperative), is a form of organizational management based on self-directed work processes on the part of an organization's workforce. Self-management is a characteristic of many forms of socialism, with proposals for Self-management having appeared many times throughout the history of the socialist movement, advocated variously by libertarian and market socialists, communists and anarchists. There are many variations of Self-management. In some variants, all the worker-members manage the enterprise directly through assemblies while in other forms workers exercise management functions indirectly through the election of specialist managers. Self-management may include worker supervision and oversight of an organization by elected bodies, the election of specialized managers, or self-directed management without any specialized managers as such. The goals of self-management are to improve performance by granting workers greater autonomy in their day-to-day operations, boosting morale, reducing alienation and eliminating exploitation when paired with employee ownership. An enterprise that is self-managed is referred to as a labour-managed firm. Self-management refers to control rights within a productive organization, being distinct from the questions of ownership and what economic system the organization operates under. Self-management of an organization may coincide with employee ownership of that organization, but Self-management can also exist in the context of organizations under public ownership and to a limited extent within private companies in the form of co-determination and worker representation on the board of directors.
  • 640
  • 09 Oct 2022
Topic Review
1998–99 Ecuador Economic Crisis
The 1998–99 Ecuador economic crisis was a period of economic instability that resulted from a combined inflationary-currency crisis, financial crisis, fiscal crisis, and sovereign debt crisis. Severe inflation and devaluation of the Ecuadorian sucre lead to President Jamil Mahuad announcing on January 9, 2000 that the US dollar would be adopted as the national currency. Poor economic conditions and subsequent protests against the government resulted in the 2000 Ecuadoran coup d’état in which Jamil Mahuad was forced to resign and was replaced by his Vice President, Gustavo Noboa.
  • 1.1K
  • 08 Oct 2022
Topic Review
German Gold Mark
Goldmark (officially just Mark, sign: ℳ) was the gold standard-based currency of the German Empire from 1873 to 1914. Papiermark was the Mark after the gold standard was given up in August 1914, and gold and silver coins ceased to circulate.
  • 3.9K
  • 08 Oct 2022
Topic Review
Business System Planning
Business systems planning (BSP) is a method of analyzing, defining and designing the information architecture of organizations. It was introduced by IBM for internal use only in 1981, although initial work on BSP began during the early 1970s. BSP was later sold to organizations. It is a complex method dealing with interconnected data, processes, strategies, aims and organizational departments. BSP was a new approach to IA; its goals are to: The result of a BSP project is a technology roadmap aligning investments and business strategy. BSP comprises 15 steps, which are classified into three sections by function.
  • 2.5K
  • 08 Oct 2022
Topic Review
Presbyterian Church (U.S.A.) Disinvestment from Israel Controversy
The General Assembly of the Presbyterian Church (U.S.A.) adopted a policy of "phased, selective divestment" from certain American corporations operating in Israel beginning in 2004, as a means of influencing the government of Israel. This policy has been controversial both within and outside of the denomination, even resulting in charges of antisemitism. The policy was changed in 2006 by another vote of the General Assembly.
  • 433
  • 08 Oct 2022
Topic Review
IBIDA
A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, pronounced /iːbɪtˈdɑː/, /əˈbɪtdɑː/, or /ˈɛbɪtdɑː/) is an accounting measure calculated using a company's earnings, before interest expenses, taxes, depreciation, and amortization are subtracted, as a proxy for a company's current operating profitability (i.e., how much profit it makes with its present assets and its operations on the products it produces and sells, as well as providing a proxy for cash flow). Though often shown on an income statement, it is not considered part of the Generally Accepted Accounting Principles (GAAP) by the SEC.
  • 4.3K
  • 08 Oct 2022
Topic Review
Brazilian Agribusiness in the Beef Sector
The current international commercial structure places Brazilian Agribusiness in constant conflict to protect its interests before other nations in the global market. Technological innovations are used in all stages from the simplest production tasks, up to the design of negotiation tactics at high-level affairs.
  • 301
  • 08 Oct 2022
Topic Review
Wages in Thailand
Wages in Thailand, as used here, includes all compensation paid by an employer to an employee for work done, whether based on hours worked, piece work, or fixed salary. Since wage labour is the predominant form of work, the term "wage" here refers to all forms of employee compensation. Wages are the major source of household income in Thailand,:32 although wage income distribution varies by region: Almost three-quarters of the population in Bangkok are in households that receive wage income, compared with less than half in the northern region.:30-31 During the period 2007–2014, wage income grew markedly, and then began to drop starting in 2015. (As of 2020) wage growth stagnation afflicts most occupations. Wage growth was negative in urban areas, but positive in rural areas. In the period 2007–2013, wages, farm incomes, and remittances contributed to poverty reduction; in the period 2015–2017 these were sources of rising poverty.:65
  • 9.0K
  • 07 Oct 2022
Topic Review
Integrated Landscape Management
Integrated landscape management is a way of managing a landscape that brings together multiple stakeholders, who collaborate to integrate policy and practice for their different land use objectives, with the purpose of achieving sustainable landscapes. Integrated landscape management is one approach to addressing the major global challenges of poverty, food security, climate change, water scarcity, deforestation and loss of biodiversity at the local level. Proponents of integrated landscape management argue that as these challenges are interconnected, coordinated approaches are needed to address them, in order for landscapes (heterogenous geographic areas) to generate multiple benefits. For example, one river basin can supply water for towns and agriculture, timber and food crops for smallholders and industry, and habitat for biodiversity; the way in which each one of these sectors pursues its goals can have impacts on the others. The integrated approach goes beyond traditional sector-based practices that manage these different land uses independently of each other, even where they depend on the same resource base. The intention is to manage landscapes in a joined-up way, so that society's needs can be met in the short term, and in the long term. Integrated landscape management is increasingly recognised and taken up by intergovernmental bodies, government initiatives, research institutes, and some of the world's largest conservation NGOs, resulting in an increase in the number of examples of the approach in practice. However, barriers to uptake include difficulties in monitoring integrated landscape management and the proliferation of definitions and terms relating to it.
  • 1.4K
  • 07 Oct 2022
Topic Review
Pseudo-reorganization Acquisitions
Pseudo-reorganization acquisitions are acquisitions that are done in order to repatriate income earned by foreign subsidiaries to a parent corporation while avoiding taxes ordinarily owed on the repatriation of foreign income in countries with a worldwide system of taxation. Prior to the passage of the Tax Cut and Jobs Act of 2017, multinational firms based in the United States avoided taxes on the repatriation of income earned abroad through the use of pseudo-reorganization acquisitions.
  • 502
  • 06 Oct 2022
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