Deregulation of energy Research Paper Example | Topics and Well Written Essays - 2000 words

Deregulation of energy - Research Paper Example Energy is necessary for carrying on our daily activities. Both individuals and businesses consume energy. Individuals use it at home in the form of gas for heating and electricity for lighting, providing power for the operation of washing machines, computers, televisions, radios, small appliances such as irons and blenders. Businesses use energy in some form to keep their operations going. However, manufacturing firms use energy to produce the goods they depend on in order to generate revenues. Oil and natural gas has been deregulated since the late 1970’s (Horwitz 1990). While deregulating the industry may provide benefits it may have other less favorable consequences. This paper looks at the impact of deregulation of the energy industry on consumers, producers and United States economy. The null hypothesis is that deregulation of the energy industry has resulted in increased benefits for both consumers and producers but has resulted in increasing levels of imports and therefore a negative impact on the US trade balance. This study is significant since it will indicate how various levels of deregulation in the energy industry over the years have impacted the US and Canadian economies. This research will definitely help in directing policy changes in the future. Hammond and Knott (1986) while looking at deregulation in the financial industry indicated that although theories relating to regulation do not always focus on the same types of variables, researchers indicate that many of them reproduce the same effects – once they have been initiated they are difficult to eliminate and it is almost inevitably leads to more regulation. However, Hammond and Knott (1986) indicate that these arguments do not support the trends since 1975 as there have been significant deregulations in almost every year. Deregulation in various industries such as telecommunications has

Question x 2 Essay Example | Topics and Well Written Essays - 500 words

Question x 2 - Essay Example In somewhat similar way, the same technology also permits unwarranted communications, especially copies of official communications mailed by insecure people, whether such copies are relevant to the mailed people or not. Not everyone indulges in faceless abuses on the Internet, and in a similar manner not everyone in a work environment is a coward. Most people realize the positive power of technology and harness it beneficially. It is a matter of behavior. People with emotional or issues need to be identified and appropriate methods devised to inculcate proper behavior. This may be in the form of counseling and training, especially with respect to expression of inner fears or venting out stress. This is best done by skillfully identifying the underlying causes and giving a chance to speak up, in private. i) Line functions are directly responsible for reaching organizational goals in terms of production or marketing that result directly bring in revenues. Staff managers are experts in their fields and advise line managers and hence are support functions (Line and staff functions, 2010). It is the hierarchical heads of the line functions that manage a business at the corporate level as well as at the functional head levels. ii) Internal customers do not generate revenues; only the external customers do. Hence, the latter are more important. Having said that, it is noted that internal customers create value and hence are important. For example, for the design engineer ( a staff function) the production manager and the marketing manager (both of which are line functions) are internal customers and the efficiency with which a design is created in terms of material use, processing and application will determine the production costs as well as customer satisfaction. iii) No. Creating a black box only enhances the employee apprehension and may even give rise to acts of settling personal