Assessment 2 Essay Example | Topics and Well Written Essays - 2000 words - 1

Assessment 2 - Essay Example raditional operation of open market policy, whereby the federal government buys and sells securities to change money supply to keep federal fund rates at a specified target value (Carbaugh, 2013, p. 361). Historically, researchers perceived QE as being negative to the currency because increase in supply of money may lead to inflation thus devaluing state’s currency (Yotov, 2013). However, in recent years there have been arguments suggesting QE is not necessarily bad for the currency. These arguments imply that there are benefits to QE when its usage is for the creation of inflation to avoid deflationary periods in the economy. This leads to quick economic recovery after a prolonged recession (Yotov, 2013, p. 64). According to Carbaugh (2013, p. 361), QE is not an exact science and there exists a debate on its effectiveness or lack thereof. Nevertheless, QE is a last resort measure used to stimulate the economy. The US Federal government has utilized quantitative easing several times. The first time was in 2008 that extended until March 2010. The original value was supposed to be $600 billion but in the end, the Fed had used $1.75 trillion (Costa, 2014). This Fed spread the amount on the mortgage-backed securities and the Treasury notes. The second quantitative easing included adding $600 billion in form of Treasury securities, which are long-term in nature (Costa, 2014). The Federal purchased the Treasury securities from November 2010 to 2011 June. The quantitative easing had several effects on the US interest rates and money market (Costa, 2014). The first effect of the QE was that it resulted to a surge of stock prices. When the Fed announced the first QE, money market experienced a big rally in the prices of stock. The S&P 500 gained by 36.4 percent when it elevated from 857.4 to 1,169.4 (Costa, 2014). The increase was from 25 November 2008 to 31 March 2010. The second QE fuelled the rally even more as the S&P 500 gained by 26 percent when it increased

Recruiting, Selection, and Training Assignment Example | Topics and Well Written Essays - 1500 words

Recruiting, Selection, and Training - Assignment Example The numerous efforts which have been undertaken by the organisation have provided a good organisational culture which can attract individuals into working for the organisation. Recruitment can be defined as the process of continuously attracting individuals with essential skills, qualifications and desire to make applications for jobs within an organisation. Recruitment process remains one of the fundamental human resource services which seek to ensure the organisation gets the required human capital for performing various functions which the organisations deems essential. Effective recruitment process remains a significant determinant of the quality and skills which employees within the organisation have. During the recruitment process, the organisation must seek to match the organisational requirements. The aspects of recruitment is necessitated by the increasing change in the requirement of human capital within organisations. Before organisations can engage in the recruitment process, a careful analysis of the labour needs, within the organisation remains essential. This enables the stakeholders to estimate the labour needs of the organisation and adopt effective recruitment procedures. Within the organisational structure of Sheraton, the recruitment process is undertaken based on the human capital requirements established by the organisation. The elements which are considered include the skills and experience of the individuals required, in order to undertake the responsibilities effective. Consideration of these factors result in the adoption of a recruitment process, which could either be internal or external recruitment. Internal recruitment refers to the recruitment of an individual from within the organisations. This is commonly undertaken for many of the managerial posts which become vacant. The top management