Wednesday, July 31, 2019

Sexual Harassment Policy

It shall remain to be the policy of this organization that no employee shall be intimidated by colleagues, male or female on sexual issues. When such incidents are reported, they shall be treated as cases of sexual harassment punishable by the measures outlined in this policy. In the case of this organization sexual harassment shall be considered to be unwelcome or unwarranted sexual advances, requests for sexual favors as well as all other verbal or non verbal (physical) conduct of sexual nature directed to an employee without his or her consented wish (Conte, 2008).This company shall therefore take the following issues as sexual harassment and shall all be punishable in equal measure without discrimination, favor or fear of contradiction; ? Any form of touching or any other body contact that may be sexually suggestive. This includes but is not limited to, o Grabbing any employee around the waist o Patting or scratching or another persons back o Pecking, tickling among other things ? Unwelcome gestures, jokes use of offensive and unsolicited comments on clothing? Unwanted flirting and repeated request for dates that are turned down ? Playing suggestive music ? Display of sexually suggestive posters, pictures or objects ? Transmitting emails of suggestive nature (Koss, 2008). Procedure for Reporting Sexual Harassment Unlike other complains that this company strictly demands that the clear channel of authority be followed, cases of sexual harassment can be reported to any person above the victim’s rank who the victim feels open and free to share the details of the harassment.After the senior officer has received these details, he is expected to channel those complains to the human resource department within eight working hours for investigation to be conducted. The human resource department shall take the case to its committee and initiate the initial fact finding mission that shall provide the facts to the case. After the facts have been gathered and the re is clear evidence that the accused is guilty of sexually harassing a colleague, he or she (offender) shall be summoned and his side of the story listened.He or she shall also be expected to either approve that the misconduct he is accused to have committed are true as the case is, are true but are exaggerated, or refuse to accept the allegation. If he or she accepts the happening of the misconduct, a chance for a formal defense shall be offered where his side of the story shall be listened and contrasted with the facts given by the complainant. After cross examining the accused as well as the victim, the committee shall then take the appropriate action depending on the nature of the harassment and the facts established.Severe cases shall be punished through termination of contract and a request to the relevant state authorities for trials in the judicial systems. This policy is expected to promote the laws that emphasize equal employment opportunities. The Equal Employment Opport unity Commission (EEOC) is the agency mandated to promote equal employment opportunities to all qualified citizens. It therefore discourages any form of discriminate against Sexual Harassment Age, National Origin, Disability, Race, Pregnancy, Religion, Sex or Gender.The commission also roots for Equal Pay among the workers irregardless of gender while at the same time gets to evaluate the response towards cases of Sexual Harassment Claim (Bohlander, 2007). Reference: Conte A. (2008), Sexual Harassment in the Workplace: Law and Practice, Vol. 5, New York; Panel Publishers Koss P. , (2008) Changed Lives: The Psychological Impact of Sexual Harassment. New York; University of New York Press. Bohlander, G. W. (2007), Managing Human Resources; New York, Thomson Publishers

A World Lit Only by Fire: the Medieval Mind and the Renaissance

In the first section of William Manchester’s A World Lit Only By Fire, we are taken into a world that is vastly different from our own, and we see a kind of attitude which is rarely seen today. Manchester stresses the fact that the peasants in the Dark Ages had no knowledge of what was happening in the rest of the world. In our age of twenty-four-hour news networks and instantaneous access to information from across the globe through the internet, it is hard to fathom that if we were still living in the Dark Ages most of us would be completely oblivious to the activities of the rest of the world outside of our small village.Manchester also points out that the common people in the Dark Ages had no conception of time. Most would not have known what century it was, let alone the specific date. For most peasants, time passed in a cycle of seasons, and they only needed to know the days of the week in order to know when it was the Sabbath. This is in stark contrast to the life of a modern man. We can know time down to the second. And we need to know time with greater precision. While the peasants of the Dark Ages needed only to recognize the passing of the seasons and when the Sabbath was, modern man often needs to know the time of day precisely.We are constantly on a schedule. School and work starts at a certain time, and we must be there on time. Another fascinating difference which Manchester points out is the fact that most of the peasants did not have surnames and were either referred to by their first name alone, or by a nickname. I found this very strange. Manchester does a good job of showing the differences between the modern mind and the medieval mind. Being aware of these differences allows the reader to appreciate the huge impact that the Renaissance had on Europe.Now in the next section of A World Lit Only by Fire, entitled â€Å"The Shattering,† Manchester shows us several events that â€Å"shattered† beliefs during the Renaissance. Most of these had something to do with the Church at the time because religion was one of the most important parts of Medieval and Renaissance life. The first event that shattered beliefs and changed life did not immediately cause a revolution but had a long-lasting impact on the future of Christianity. That event was the dissemination of the works of Erasmus.With his constant criticism of the Church and his calls for papal reform, he proved that one could criticize the church without being a radical revolutionary, for Erasmus was a devout Catholic. Before Erasmus, few had dared to criticize the Roman Church and those who did were not taken seriously. However, with his satires, Erasmus appealed to all classes of people and gave the people the encouragement to call for reform and criticize the Church. This may have influenced Martin Luther, even though he disliked Erasmus’ work, to nail his 95 Theses to the Castle Church door at Wittenberg.The fact that Erasmus was widely pop ular also contributed to the change in the thinking that anyone who criticized the church would be damned to hell. Even though Erasmus didn’t do anything as revolutionary as Martin Luther, his brilliant satires were able to change the mindset of Europeans and may have enabled, against his own wishes, the Protestant Reformation. The next event discussed by Manchester is the Reformation itself. Sparked by Martin Luther’s outrage at the sale of indulgences, this is the event that split Christianity in half.Those loyal to the existing Christian Church headed by the Pope became known as Roman Catholics, and those who were not loyal to that Church formed different Protestant Churches. Before the Reformation there was one authoritative representative of the word of God; i. e. , the Pope. Most Christian literature was in Latin, but since Latin was essentially a dead language, most people could not read or understand it, and this helped the Church maintain control of Christians of the age. Within this system, freedom of religious thought was extremely limited.Saying anything that contradicted the pope could get you labeled as a heretic and sentenced to jail, or even death. After the Reformation, several different Churches formed and as they formed, they warred with each other. The pope was no longer the supreme head of Christianity as he had been before the Reformation. Bibles where published in living languages. All kinds of opinions were published in pamphlets. One undesirable consequence of the Reformation was the different sects fighting with each other.Each different sect believed it represented the one true religion. Fighting between sects became common. Fighting between Catholics and Protestants was rife. Protestants burned Roman Catholic churches, smashing mosaics and statues, and even killing innocent women and clergy. The Roman Church started its notorious Inquisition, which was especially violent in Spain. Before the Reformation there was only one Christian Church so religious violence in Europe was rare, but after the Reformation religious violence and persecution became commonplace.The Reformation was a major turning point in the history of Christianity. Without it, America today would be a different country, since many settlers in early America came to escape religious persecution. Manchester’s section on the Reformation is therefore perhaps the most important section in the book. In the last section of A World Lit Only by Fire, entitled â€Å"One Man Alone,† Manchester writes about Ferdinand Magellan and his circumnavigation of the globe.In this section, Manchester takes time to go into extremely fine detail about Magellan’s voyage in order to explain what type of man Magellan was, and, more importantly, to show how big the odds were against his actually finishing his voyage. Manchester seems to idolize Magellan, in part because Magellan wasn’t seeking fame or wealth, but instead simply had a dream and was determined to make it a reality, something that I think most people can respect.

Tuesday, July 30, 2019

The Importance of Macbeth in Modern Society

The importance of continuing to read Macbeth in our modern society is to educate readers on valuable lessons in life. The significance of gaining power appropriately, the fact that there are consequences for every action and the importance of justice are a few of the many life lessons that are relevant in Shakespeare's tragedy, Macbeth. Primarily, Macbeth, the main character, is influenced by his wife and subsequently has a great desire to be King of Scotland. Macbeth is presently the Thane of Glamis, as well as an army general of the current King, Duncan. When Duncan is in Inverness, he decides to stay at the home of the Macbeths. Lady Macbeth eagerly devises a plot to murder Duncan, thus ensuring her husband's place on the throne of Scotland. Although Macbeth raises concerns about the regicide, he is eventually persuaded by his wife to follow her plan. â€Å" Stars, hide your fires! Let not light see my black and deep desires; the eye wink at the hand; yet let that be which the eye fears, when it is done, to see †(I. iv. 50-53). Macbeth knows that he must do wrong to achieve his goal, but plans to kill anyone in the way if he must. The method in which Macbeth chooses to use to gain power is neither civilized, nor humane. This extremity is perhaps hinting to the reader that Macbeth's actions were wrong, as well as showing the extremes one may go through to get what they desire. The witches' apparitions given to Macbeth and friend, Banquo, at the beginning of the plot play a monumental role in the thoughts of both men. Macbeth is told that he will be king, though Banquo's sons will be kings as well. â€Å"As the weird woman promis’d; and, I fear, thou play’dst most foully for’t; yet it was said it should not stand in thy posterity, but that myself should be the root and father of many kings† (III.  I. 2-6). Banquo explains that he will father all kings to come, and that Macbeth will not be king for a long period of time. This apparition challenges the friendship between Macbeth and Banquo. Macbeth is not afraid to show his jealousy when saying, â€Å"Upon my head they plac’d a fruitless crown, and put a barren sceptre in my gripe, thence to be wrenc’d with an unlineal hand, no son of mine succeeding (III. I. 61-64). † Uneasy about the prophecy, Macbeth plans to kill Banquo and his son, Fleance, so that the premonition will not occur. Macbeth hires two men to murder Banquo and Fleance, but they only accomplished to kill Banquo, and Fleance is able to escape. The actions of Macbeth had consequences, as most actions do in present day. At the time of the murder, Macbeth does not think of the cost of his deeds. His self-interest and desire for the throne of Scotland drives him to finish the act. â€Å" Methought I heard a voice cry ‘Sleep no more! Macbeth does murder sleep† (II. ii. 35-36). Macbeth achieves power, but due to guilt, he cannot sleep and starts to drive himself mad. Macbeth was not the only person who was suffering from guilt. Lady Macbeth shows her agony when sleepwalking and talking to herself, â€Å"Out, damned spot! Out, I say! One; two: why, then ‘tis time to do’t. Hell is murky! Fie, my lord-fie! A soldier, and afeard? What need we fear who knows it, when none can call our power to account? † (IV. I. 34-37) Lady Macbeth frantically tries to wash her hands, but the reality is that there is nothing on them. It is evident that she is feeling guilty for her actions and because of it, she is going mad. Insanity and loss of sleep are only minute consequences, but play an immense role in the development of the characters throughout the play. Lastly, Macbeth achieves justice and what he deserved at the end of the play when Macduff beheads him. Macbeth and Macduff battle, sword for sword, but Macbeth boasts that he has no reason to fear Macduff, because of his belief in the witches' prophesy. â€Å" Be bloody, bold, and resolute; laugh to scorn The power of man; for none of woman born Shall harm Macbeth† (IV. i. 86-87). This apparition informs Macbeth that he cannot be killed by any man â€Å"of woman born† (IV. i. 86-87). Macduff declares that he was â€Å"from his mother's womb untimely ripp'd† which means that he was born by Caesarean section, and was therefore not â€Å"born† of a woman. The lesson to be learned is to not become a victim of peer pressure, and not to believe everything said. In conclusion, the importance of continuing to read Shakespeare's Macbeth in our modern society is to educate readers about human behaviour on many valuable lessons in life. Whether the play teaches readers about gaining power appropriately, the fact that there are consequences for every action, or the importance of justice, it proves that they are important to learn.

Monday, July 29, 2019

AMERICAN HISTORY SINCE 1900 Assignment Two Essay

AMERICAN HISTORY SINCE 1900 Assignment Two - Essay Example The argument that social benefits would result from unrestrained enterprise sounds very sincere when one reads Hoover’s writing. He actually adopts a moderate position at some points, recognizing that abuses of power do occur in the business world. He acknowledges that exploitation is possible; therefore he renounces a laissez faire attitude towards the regulation of business (Hawley, 218). The problem arises, says Hoover, when government exerts too much control over business. That is when abuses occur, only this time it is the government in the role of abuser. Finding the balance seems to be his message, but he undeniably states that the vast majority of business should be unregulated or else individual freedom would be lost. These documents reveal that Hoover really views business as a noble benefactor to all who participate. He seems to assume that businesses will pay a fair wage because it is the right thing to do. He also seems to assume that discrimination of any type do es not exist. Discrimination of sex, religion or ethnicity really hinders the freedom of some groups in America. He ignores the fact that business does nothing to address discrimination and the resulting loss of freedom for the individuals affected. Work Cited Hawley, Ellis W. Herbert Hoover as Secretary of Commerce: Studies in New Era Thought and Practice. Des Moines: University of Iowa, 1981. Print. Americans responded positively to the new business spokesmen because their priorities had shifted and they were looking for a new way to address the ills of society. Americans have always felt that their nation was unique among other nations. Some have expressed the idea that America was a sort of Promised Land because of the ideals that are expressed in the Constitution. Others point the freedoms in the Bill of Rights while some point to the abundant natural resources of America as evidence for the nation’s success. That said, most Americans recognize that there are still abidi ng difficulties in our society. Discrimination, poverty and homelessness are problems that were present in the 1920’s, and they still exist today. Americans were so receptive to the idea that business could solve all of societies ills because they recognized some in America were treated unfairly and that there was inequality. Business was so attractive partly because many of the other social institutions had failed to remedy the problem. It is apparent that the writing of the pro-business supporters exposes some assumptions Americans make about their society based on past experiences. Specifically, it shows that Americans have long looked to religion and education to help cure some of the ills in society. Edward Purington was such a supporter of business that he said there was more Christianity in a square inch of the office equipment of leading industrialists that there was in an entire Sunday congregation (Lorence, 188). For Americans to buy into this sort of rhetoric, they must have had bad prior experiences with religion and education. Work Cited Lorence, James. Enduring Voices: From 1865. Washington D.C.: Heath, 1993. Print. The 1920’s were a time of great social change. Many different groups were trying to advocate for their place in society. Division along ethnic lines was especially fierce during this decade. Mexican and Japanese immigrants were routinely denied citizenship and discriminated against in the courts. The rise of the KKK happened during this decade as well

Sunday, July 28, 2019

UK Commercial Law Scenarios and Questions Essay

UK Commercial Law Scenarios and Questions - Essay Example An implied agency under the agency by estoppel was created between Tom and Jerry since it was a verbal appointment. 1 An agency by estoppel states that whereas an agency can in general arise by the will of the principal, he may nevertheless so conduct himself leading another to believe that someone is his agent and he is then estopped from denying this fact. For instant, if a person is allows another to order goods on his behalf and always pays for them, then he will be estopped from denying the authority to a third person who relied on the appearance. (Emerson, 2003) This agency by estoppel is as effective as an agency intentionally created. The rule of estoppel is based on the principle of holding out and is not confined to contracts of employment only. (Jertz and Miller, 2004) Since there existed an agency relationship between Tom and Jerry, Tom need to be advised that Jerry might bring a case against him for refusing to accept the Land Rover he bought on his behalf knowing very well that Tom would be very happy with the purchase. Since Jerry was engaged to act as an agent by Tom (principal) whereby he ordered and paid for animal feed on his behalf we can say that Tom acted for undisclosed principal. When he was ordering the animal feed for Tom, he would not have disclosed that he was an agent engaged by Tom since they would not have sold the animal feeds for them because Tom had been banned from their premises. Tom on the other hand needs to be aware that, since his goat had ran amok causing a lot damages to the animal feeds supplier, a case can be brought against him. The animal feed supplier may sue him for trespass by cattle under the law of tort. A trespass by cattle of a person we usually treated as if he has committed it himself. If a man's cattle, poultry, sheep or goats trespass on another's land, the owner of such animals becomes liable for trespass and must pay damages for the damages caused to the plaintiff's crops or property. If the cattle trespassed without causing any damage, the owner is still liable to pay damages because trespass is actionable per se. 4 A relevant case studied under trespass by cattle is that of:- Anderson v. Buckton of 1815 In this case, the defendant's cattle affected by contagious disease trespassed on an adjoining pasture and infected the plaintiff's cattle. It was held that the defendant was liable for damage arising from the spread

Saturday, July 27, 2019

The argument in The Wealth of Nations by Adam Smith depends on the Essay

The argument in The Wealth of Nations by Adam Smith depends on the possibility of failure. Why is this so What implications does this have - Essay Example The wealth of nations forms the second branch of Smith's science, and its historical sweep contains part, but only a diminutive part, of such an account. Possibly a manuscript was among the objects consigned to the flames by his literary executors. We do, nevertheless, have two sets of notes recording Smith's early Lectures on Jurisprudence; these notes provide an inadequately early and imperfect indication of what his missing branch of the science might have contained. In spite of their mistakes, these notes have significantly increased our awareness of Smith's intention to communicate an integrated science. Several problems like probability of failure have been deliberated to reside in the interstices between the three branches of Smith's science. Clearly it was at one time likely to refer to the Adam Smith problem of failure as the (challenging) relationship between the wealth of nations and the Theory of Moral Sentiments. I desire to see the limitations of his branches as giving rise to interpretive uncertainties rather than problems. As far as the state goes, the fundamental uncertainty arises from the fact that parts of the wealth of nations seem to take nations for granted (especially the introduction and plan of the work), yet national boundaries form a very strong threat to social progress throughout Smith's intellectual system: to the development of material welfare at different points in the wealth of nations and to the progress of benevolence in the Theory of Moral Sentiments. The jurisprudential constituent of Smith's science was never concluded, but his early lectures on th e subject also propose that he regarded the nation state as a transitional form: one that already needed replacement in his day. Modern preoccupations with certain matters of policy have given Smith's economic analysis and associated prescriptions renewed prominence. The psychological judgments on which The Wealth of Nations is apparently based have also attracted attention and made familiar Smith's classic statement that: It is not from the generosity of the butcher, the brewer, or the baker, that we look forward to our dinner, but from the view to their own interest. Nobody except a beggar chooses to rely mainly upon the munificence of his fellow citizens. Even a beggar does not depend upon it completely. (Wealth Of Nations I. ii. 2) Economists have interpreted this statement to mean that Smith was dealing with a restricted range of human experience in The Wealth of Nations-- what Alfred Marshall was later to describe as the study of mankind 'in the ordinary business life' ( 1956, p. 12). Looked at in this way, the suggestion that men act in a self interested manner can be seen as a hypothesis which makes the task of economic analysis more manageable. Exactly this point was made by Smith's contemporary, Sir James Steuart, when be observed: 'The principle of self-interest will serve as a general key to this enquiry; and it may, in one sense, be considered as the ruling principle of

Friday, July 26, 2019

Strategic management in the tourism industry Essay

Strategic management in the tourism industry - Essay Example However other airports in London like Heathrow and Gatwick which have a much wider passenger base have much more advanced communication systems built by the likes of Siemens. (Businesswire, 2001). Another strength that is available to Luton over all other airports is its geographic location. It is situated in London which is not only the centre for business in the UK, but also one of the major tourist attractions that is offered by the European Union. People who are either on vacations or on business tend to visit London throughout the year. Therefore the number of passengers arriving in London based airports is fixed and sees a constant gradual increase every other year. But considering in London, there are four other airports, Luton strives to compete with the traffic generated throughout London (Greater and the City). Each of these airports caters to a different market and a different geographic segment thus each airport remains competitive and unique. The airport boasts of having a spacious parking lot where passengers can leave their automobiles over short or long periods of time. The valet parking system frees the owners of having to find their own parking space and provides the assurance of security to the owners who can have peace of mind while they are on their trip. In comparison, Heathrow and Gatwick which caters to a much higher number of passengers and parking area is unable to accommodate passengers who want to leave their cars in walking distance from the airport. (Luton-Airport, 2008) Another major strength of Luton airport which can be noted is the number of destinations which Luton airport passengers get to go to. Luton airport forwards passengers to 85 destinations worldwide. Being the 5th largest airport in UK, its passenger base has been increasing by 5% for a few years now. Compared to Gatwick's growth by 2.5% and Stansted's growth by 10%, one can say that Luton's growth has been average yet steady. Weaknesses of Luton Airport Due to the fore mentioned strengths, Luton has a large passenger turnover rate. Thus more passengers equate to more luggage and baggage being brought into and sent out of the airport. The sheer amount of baggage being transferred results in quite a few cases of lost baggage over time. Luton does not yet have sufficient resources to fully manage the problem of the handling of luggage and is facing problems in this regard. But even with the best technology and hi-fi RFID systems implemented by Heathrow airport to track the luggage, the first day at the opening of the new Terminal 5 saw a great deal of problems. In

Thursday, July 25, 2019

Improving Student Academic Behavior Essay Example | Topics and Well Written Essays - 1000 words

Improving Student Academic Behavior - Essay Example Student performance goes beyond the mere student achievement in examinations and school tests to encompass the overall achievement of character strengths, particularly the specific dispositions, attributes, and skills that are linked with effective learning ability. Successful students are those that are not only knowledgeable in a variety of subject areas, but also those that have acquired the learning skills that will enable them fit into their respective roles in the future of societies; for that matter, improving student performance is more than just merely improving their test scores. With the great concern among educators and schools regarding improving student performance, numerous efforts have been directed towards establishing the most effective ways of improving student behavior, which has been highlighted as a core factor in education development. Student behavior has been found to be the most critical factor in improving student performance, study habits, time management, as well as personal/student accountability; parent-teacher relationships; on the other hand, are essential in encouraging positive student behavior among students generally.The relationship between parents and teachers has often been framed in terms of parental involvement or engagement in policy matters regarding planning for the provision as well as development of education throughout the world; even so, parental engagement is a new concept in the history of educational development, and an ambiguous one for that matter.

Criminalizing Marijuana Usage Essay Example | Topics and Well Written Essays - 1250 words

Criminalizing Marijuana Usage - Essay Example This paper will seek to influence the people in Congress and other pressure groups, such as non-government organizations, civil society organizations, etc. in trying to formulate the laws of the land that would prohibit the usage of Marijuana and deem the such as contrary to public interest. These people are the primary target of this paper as they are the ones in office, appointed by the power of the people’s suffrage, to govern the bureaucratic processes of the land, including the formulation and execution of the laws. This paper would show them a more or less holistic approach to the problem on drug usage and drug addiction, specifically Marijuana. In order to convince the targeted groups above-mentioned, this paper will utilize argue of how the positive effects of placing a ban on the use of Marijuana will outweigh the negative ones, all in the light of public interest and safety of the American people. Introduction: Cite real-life criminal cases that complicated and experienced lost of lives in the U.S. caused or affected by the use of illegal drugs and Narcotics. Introduction: Cite real-life criminal cases that complicated and experienced lost of lives in the U.S. caused or affected by the use of illegal drugs and Narcotics. I. Marijuana, due to its high content of narcotics and other addictive elements, causes addiction, which furthermore complicates into grievous medical conditions that are unalterable and life-threatening. a. Heart and blood vessel complications b. Stroke and other brain problems c. Threat to social security

Wednesday, July 24, 2019

Space race had a significant impact on United States' Hisotry Term Paper

Space race had a significant impact on United States' Hisotry - Term Paper Example About four months later, the US navy launched a rocket to compete with the Soviet’s initial rockets. The first US rocket was inferior compared to the Soviet’s as it crumbled and exploded into fire. The US felt humiliated and blamed the military and the all the specialists behind the rocket launch. President Dwight later approved the National Aeronautics and Space Administration despite the country having little knowledge in space program. He reasoned that the US will one day require the space technology since the Soviet already had it; in other words, he did not want the US to remain inferior (Thompson 89). Currently, one can comfortably say that the US is the super power due its advanced space program among other factors. This discourse tends to explain how space race has affected the US history. Space technology has improved the security of Americans in some complex ways. Americans have their rockets in every orbit of the earth attached to the satellite. This means that they can sense any strange and harmful substance on space then send the signals to the satellite so that responsible personnel can take the next step to ensure the safety of its citizens. Although the country recently faced some attacks like the 9/11, none of them was linked to space attack. This implies that the space program is in work. The US was not scared of the Soviets until the former first set a space station despite the fact that the Soviets were more steps ahead. The meeting between the president and NASA among other professionals changed everything. The bottom line is that the US is respected and feared by other developed nations because of its sophisticated and advanced space program. President J.F Kennedy will forever be remembered for the first attempt to initiate a successful trip to the moon (Turner 91). It removed the country from the inferiority wagon as the president compared the scenario with that

Tuesday, July 23, 2019

Information Security Management Assignment Example | Topics and Well Written Essays - 250 words - 1

Information Security Management - Assignment Example The GhostNet systems also facilitate downloading of a Trojan called Ghost Rat that enables attackers to have control of the attacked systems on a real-time basis(Villenueve & Walton, 2009). That makes monitoring and identification of security breach a complicated process. The fact that it can operate the web cameras and microphones is just beyond.The system is not able to achieve the expected security in operation especially after an attack by GhostNet since it can send email messages from the infected systems to other users alluding to be the authenticate persons. The detecting users become victims since these emails have malware spread-out to them.b)The detail in the headings below how might apply each of the SSE processes in the above diagram have helped the case study organizations to avoid their vulnerabilities being exploited?PA02-5 Assess Impact; Security Risk; Threat; VulnerabilityThe result will be forming a foundation for security that will address requirements both in the organization, meet the needs of the policies and the law. It helps achieve set security objectives in the system.PA10 Specify Security NeedsIt involves identification of particular security that affects the system in the case apart from the general threats. That will ensure that the solutions derived directly address the particular system.PA09 Provide Security InputIt ensures that the designing of the system and it's architecting is based on the security needs initially identified.

Monday, July 22, 2019

Marketing a New Product Internationally Essay Example for Free

Marketing a New Product Internationally Essay Marketing is the field which deals with market. By defining the meaning, market is a place where people gathered and contact with one another, build relationship between two, in broad terms after the globalization world become a village and in this global business era marketing is the system of globalized promotional activities of a business which take place to achieve the organizational and financial goals The circle of marketing revolved around the market demands, product development, and reasonable proportion which can learned to instigate a market research that clarify the needs and demands of customer. Although focal process for a product promotion is market research, relying on that a producer can easily plan and develop his product well crafted, innovated, according to the socioeconomic factors, reflect the social and cultural ethics and will meet the consumer demands. Target Market and Product Information: Defining marketing on macro-level; the macro-level marketing is extremely challenging for an organization to market their product â€Å"Unique TV† internationally even branded by Philips, especially in Indian market which is a multi-cultural society have many social and religious boundaries, but economically emergent country and have great potential and competition in electronic media which create a huge space for television industry as well as competition. Marketing of a television product that is extraordinary and modern with built-in fingerprint scanner, and an innovative crafts of modern technology, the exceptional fingerprint technology allow users to customize the individuals settings, for instance when a person turns the TV on via their fingerprint the individual can set his own customized profile which contains his favourite channels, recordings etc. It is also ideal for parental control, parents can set the TV to only display the channels they choose for their Childs individual fingerprint as well as the time they allow their child to watch TV. But the perceived quality, emotional constructs, and a particular justification of the purchase can only impact the customer’s decision to purchase a brand. Target Market, Society and Culture: Before the satellite and cable network Indian had only one state owned channel broadcast, but after the influx of satellite and cable network a huge expansion in the electronic media industry has been witnessed, as well as great competition established in the television products. By determining broadly the rapid growth of Indian television industry since inception to expansion the social practices, including politics and democracy, sport and identity formation, cinema and popular culture has influenced on the daily lives of Indians. Today the electronic media cater immense involvement in the social and cultural lives of Indians, as well as India become a very potential market for the innovative and modern television products. Local Economic Development: India has traditional economy largely based on village farming, modern agriculture, handicrafts, modern industries, and a massive amount of services. The emerging sector of Indian economy is service sector which has expended remarkably in last decade. But a large force of human resource has attached with the agricultural economic activities, this sector retains the backbone of the Indian economy. Foreign direct investment is increasing especially in the telecommunication and information technology sector, but the privatization of government owned industries and entities is still debateable in the government avenues. The economy has posted an average growth rate of more than 7% in the decade since 1997, reducing poverty by about 10 percentage points. India achieved 8. 5% GDP growth in 2006, and again in 2007, significantly expanding production of manufactures. Software industry is the emergent sector of Indian economy; government is capitalizing on the human resource especially English literacy for a competent force to raise the exports of software products and services to western world. This economic growth facilitates India to reduce the fiscal deficit, but the boom in speculative real state business and increased interest rates have influenced the inflation in 2006 to 2007. But a huge problem facing by India is growing population. (Central Intelligence Agency, 2008) Regional Economic Development: Asian economy comprises on the 4 billion people living in 46 different states (60% of the world population). Asia is largest continent of the world and six fourth stats of the world lie in Asia with world’s second largest economy China. The wealth and economic activities of Asia are distributed in different states of Asia as others; which is because of its large size and multiple state’s differing cultures, environments, historical ties and government systems. In term of nominal GDP the large economies in Asia are Japan, China, India, and South Korea. By measuring the economically Asia pertains China, the second larges economy in the world by nominal GDP, to Cambodia one of the poorest. The GDP of china in term of purchasing power parity to be the largest economy in Asia and the second largest economy in the world, followed by Japan and India as the worlds third and fourth largest economies respectively. Market Competition: As Indian retains the third largest economy of the world, and massive social and cultural influence on the television industry generates enormous competition in the television industry. India now producing diversity of television products locally, as well as international products is also there. With these competitive forces it is very hard for a new product to attract the audience, but not as much hard for a product with some extra ordinary and exceptional features, to mesmerize and accomplish the needs of the users. As compare with the other products the new and innovative product â€Å"Unique TV† can make a difference, because of its fingerprint scanner which can help the user to control and customize the profile of every individual. After the creation and deep study of international and regional scenario the producer and marketer follows second challenge to market the product with new scientific methodologies, which can effectively get the quick and excellent response of the customer. Brand Marketing: There are enumerated factors that affect the buying intentions of customers as quality of services, equity, perceived value, satisfaction, past loyalty, perceived cost of changing supplier and brand perception. Most of them variables are inter-related and they impinge upon customer purchase behaviour cumulatively. High quality products can be created without input from marketing. However, in practice, it has been established that products that make market success received market or customer research support. There are several determinants that contribute to the success of a brand. The ideas of brand marketing lead to the recognition of the research as being based on consumer perception. This leads to the question if different ethnic backgrounds impact the consumer perception of the brand strategies. Marketing Methodologies: Questionnaire Survey:- The survey questionnaire was chosen for its cost effectiveness. The telephone questionnaire allows for a sample population to be easily reached with responses documented and easily dissected using data entry and statistical analyzing methods. Because of their widespread use, questionnaires are non-confrontational to the sample population and do not force opinions or options, allowing for accurate and viable responses to be gathered with little bias or influence from the researchers or complicated research equipment. The questionnaire development will take into consideration possible defects in the question distribution and has made all attempts to use common language and word organisation that is not technical or industry based with the hopes to remove the larger concerns in relation to comprehension and cognition. However, it is important to note that in any research methodology that is dealing with human responses to qualitative or quantitative questions remains the possibility of language bias. Advertisement:- Advertising is any paid form of no personal presentation of ideas, products, or services by an identified sponsor. Most advertising media are mass media: e. g. newspapers, magazines, television, radio, billboards, etc. Thus rather than transmitting messages to one buyer, most ads communicate to thousands or even millions of buyers: this makes each contact for less expensive than personal sales presentation. Sales Promotion:- Like personal selling and advertising, sales promotion stimulates consumer buying and middlemen’s effectiveness, but with a wide variety of means. Sales promotion tactics are expected to supplement salespeople and advertising to make them more effective. Retail store window displays, product sampling, premium offers, and coupons are all examples of sales promotion. In contrast personal selling and advertising, many sales promotions are non-continuing, such as exhibits at fairs or contests. Manufacturers and retailers have substantial control over their sales promotions. Publicity:- In contrast to â€Å"Advertisement†, â€Å"Publicity† may be defined as any â€Å"Unpaid† form of non-personal presentation of ideas, goods or services. Personal selling advertising and sales promotional are all direct forms of promotion, whereas publicity is indirect: a firm cannot just go out and buy it. Publicity has been defined as non-personal stimulation of demand for a product, service, or business firm by planting commercially significant news about it in communications media. Some publicity about companies and brands is of course not solicited by sellers: indeed, it may even be negative. Conclusion: In brief we have reached on the conclusion that the most important activity in the business and to promote a brand is marketing. From above literature, it can be stated that marketing in general is based on the consumer’s perception of the brand, regional and local economical factor, social and cultural manners and the methodologies applied to market the product. The perceived quality, emotional constructs, and justification of the purchase impact the customer’s decision to purchase a brand. This research demonstrates that market research cater foci point of marketing strategy, then identifying the organizational and product’s potentials for the effective product understanding, the marketing consultant and organization should analyze the product strengths and weaknesses to cover it with appropriation. To determine the supply and demand identify the main competitors, and craft a good and competitive piece of product which can compete according to the economical and technological factors prevailed in the market. Then the identification of distribution options is to be the major decision to market the product, a great establishment of distribution channels will pertains a great proportion in successful marketing of a product. Marketing and advertisement campaigns play pivotal role in the success of any product. However, a significant amount of money, time and resources have to place behind marketing to the ethnic (or minority) â€Å"masses† and that was many years on the making when an organization advocated for that initiative, that too was looked upon as radical. Coming off the heels of that accomplishment, painting the picture of a viable affluent ethnic consumer might be easier. Ultimately, relevant, comprehensive and actionable insight will lead to informed business decisions and the implementation of marketing best practices. If the world has changed so must a brands attitude and actions towards marketing to new target audiences.

Sunday, July 21, 2019

Human Capital Development and Productivity Relationship

Human Capital Development and Productivity Relationship ABSTRACT This study examines the relationship between human capital development and productivity. Productivity is the dependent variable while human capital development indicators and gross capital formation are the explanatory variables. Recurrent and capital expenditures on health and education are used as human development indicators. The scope of the study is from1977 to 2003. The Ordinary Least Square method was used to determine this relationship. It has revealed a negative relationship between gross capital formation and productivity. However, human capital development was found to affect productivity significantly. It is therefore advocated to adopt policies that will improve the expenditure on health and education. CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The issue of human capital development is of great importance in any economy particularly developing economy such as Nigeria. The twentieth century has become the human capital century. People and skills matter, the wealth of a nation is embodied in its people, that is, the working class. Although advanced countries but the poor countries are becoming more aware of the importance of people the advantage countries but the poor countries are becoming more aware of the importance of people the advancement of the economy. This study is therefore of great significance to the world at large. Labor is one of the four factors of production. The others are capital, land and entrepreneur. In the nineteenth century, people were of little importance to industrial giants such as Britain, Germany, France and the United States. However, in the early 1900 attention began to shift to education of people at secondary and higher levels and provision of welfare services such as health services. The Nigerian economy has however failed to move at the pace of other countries in the world. Although effort have been made in the area of human development in the part, there has not been a substantial improvement in the human capital development in the past, there has not been a substantial improvement in the human capital indicators such as education and health. Productivity can be perceived as the output per unit or the efficiency with which resources are utilized. Therefore productivity with respect to human capital development refers to the development of human capital which will lead to efficiency with which resources are utilized and this will increase output. The trend of productivity in Nigeria is one that fluctuates. Productivity in Nigeria compared to that of other countries is very low. Sustained productivity depends on the economys human capital. Human capital can be defined as the skills, knowledge, competencies, and attributes that reside in a worker. Human capital development involves the improvement of a nations human capital through better healthcare, nutrition, accommodation, working environment, education and training. The economies of nations and the world at large is dynamic in nature, it follows that the human resources of these nations should be constantly improved on. That is, training of manpower should be a continuous process in order to meet up with the demands of the world market. Here, the emphasis is placed on education and health. These can also be referred to as indicators of human capital development on productivity. ducation in Nigeria has improved over the years with increased interest in the tertiary institution. However, a closer attention has to be paid to the needs of the educational sector because the quality and level of educational attainment on the productivity of a country. Certain measures have been put in place to improve the quality of education in Nigeria by the Federal government and other agencies. However, these efforts have not brought about the much desired change in the standard of the education in Nigeria. Failure in the educational sector has been accounted for due to some problems. They include; inadequate allocation by the government to education, lack of dedicated teachers, poor political environment, poor implementation of policies and several others. Private organizations have sprung up to resuscitate the educational sector. This is evident through the increase in private schools in the primary, secondary and even the tertiary level. Nigerians have lost confidence in t he ability of the government to provide good education and this has resulted in high patronage of these private institutions by Nigerians who can afford it. This leaves the bulk of Nigerians that cannot afford private education at the mercy of the government funded schools. The government has failed to realize the gravity of what an underdeveloped human capital can do to an economy. The need for more attention to be centered on this aspect is very necessary. The health sector is also faced with similar problems as that of education. Health is a very important factor in human capital development. The state of health of labor affects the level of performance thereby affecting the level of productivity. Government has tried in improving health services by reducing the number of population per doctor, providing more health facilities, hospitals and other required health personnel. However, there is still room for improvement in this aspect. The rural areas of the country have been neglected while the urban areas have been focused on, there is still need to reduce the population per doctor, provide preventive healthcare and take drastic measures to reduce the infant maternal mortality. These discrepancies in education and health of the country have a very significant effect on productivity and hence economic growth. 1.2 STATEMENT OF THE PROBLEM The Nigerian economy has solved several problems facing it. There has been prolonged economic recession followed by the collapse of the world oil market from the early 1980 and fall in the foreign exchange earnings of the country. Other problems include overdependence on imports for consumption and capital goods, lack of adequate social and economic infrastructure and neglect of the agricultural sector. Nigeria is rated to be one of the poorest countries in the world. Putting the countrys economy back on track requires a lot of activities that will advance the economy such as rebuilding the economy and making goods and services available and affordable for every one. This is where the issue of productivity comes in since productivity refers to the level of output of a country. The problem therefore deals with increase in productivity through human capital development so as to increase growth. This study raises questions on how the indicators of human capital development affect productivity. 1.3 SCOPE OF THE STUDY This study covers all sectors of the economy and all countries in the world as the issue of human capital and productivity affects everyone. However, the study is based on the Nigerian economy and all considerations and analysis refers to the Nigerian economy. This study covers the period from 1977 to 2004. 1.4 OBJECTIVES OF THE STUDY The major objective of the study is to determine the relationship between human capital development and productivity in the Nigerian economy through the use of two human capital development indicators; education and health. The specific objectives include: To ascertain the relationship between human capital development and productivity To examine the impact of health on the productivity in the Nigerian economy. To examine the impact of education on productivity in the Nigerian economy. To determine the indicators of human capital development. 1.5 JUSTIFICATION OF THE STUDY This study is relevant to every sector of the economy. This is because every sector of the economy has labor as its most important factor of production. It is therefore of great importance to the industrial, agricultural, mining sector and so on. It gives them more incentive to invest more in their human resources. It is also of great importance to the government who have in their hands the authority and responsibility over important indicators of human capital development. This study will encourage government to increase expenditure on education, health and other areas of the economy that affect productivity. It provides a basis for which investment in health and education will be measured against productivity. This study is therefore of great importance to all sectors of the economy, the government and other stakeholders such as consumers, shareholders and so on. 1.6 RESEARCH QUESTIONS The following questions arise in the course of this study and will subsequently be answered. They include the following; What is the relationship between human capital development and productivity? What is the effect of health on productivity? What is the impact of education on productivity? What are the other factors that lead to the development of human capital? 1.7 HYPOTHESIS OF THE STUDY The following hypotheses hold for this study; H0 : Education has the lowest impact on productivity H1: Education has the greatest impact on productivity. H0: Health has no significant impact on productivity. H1: Health has a significant impact on productivity. H0: There is no significant relationship between human capital development and productivity. H1: There is a significant relationship between human capital development and productivity. 1.8 RESEARCH METHODOLOGY The issues to be raised in this research work are both empirical and theoretical. The Ordinary least square method of analyzing data will be used and the results will be interpreted. 1.9 DATA SOURCES Data was obtained from the Central Bank Statistical Bulletin, 2004. 1.1.0 OUTLINE OF CHAPTERS In order to achieve the stated objectives, the project work has been subdivided into five chapters. Chapter one is the introduction which consists of the background, statement of the problem, objectives, justification, hypotheses, scope, research methodology, organization and limitation of the study. Chapter two is devoted to past literature written on the subject matter. Chapter three is the methodological framework and the model specification. Chapter four is presentation, interpretation and empirical analysis of regression results. Chapter five boarders on the summary, recommendation and conclusion of the study. CHAPTER TWO LITERATURE REVIEW 2.1 CONCEPT OF HUMAN CAPITAL DEVELOPMENT Human resources make up the standard or the basis for the wealth of a country. Human resources are the summation of efforts, skills, knowledge and experience available in a country. It is the managerial, scientific, engineering, technical, craftsmen and other skills which are employed in creating, designing, developing organizations, managing and operating productive and service enterprises and economic institutions (Yesufu, 1962). They are a nations most valuable resources. They constitute a nations human capital. Human capital refers to the skills, education, health, and training of individuals. It is capital because these skills or education are an integral part of us that is long-lasting, in the way a machine, plant, or factory lasts ( Gary Becker, 1992). Before the nineteenth century, investment in human capital was not important in any country. Expenditures on schooling, health and other forms of investment were quite small. This began to change during that century with the application of science to the development of new goods and more efficient methods of production, first in Britain, and then gradually spreading to other countries. During this century, education, skills, and other knowledge have become crucial determinants of a persons and a nations productivity. One can even call the twentieth century the Age of Human Capital in the sense that the primary determinant of a countrys standard of living is how well it succeeds in developing and utilizing the skills, knowledge, health, and habits of its population. It has been estimated that human capital-education, on-the-job and other training, and health-comprises about 80 percent of the capital or wealth in the United States and other advanced countries. (Gary Becker 1992). Therefore a country without effective human capital development skills will be lagging behind in the issue of development. The concept of human capital refers to the abilities and skills of human resources of a country, while human capital formation refers to the process of acquiring and increasing the number of persons who have the skills, education and experience that are critical for economic growth and development of a country (Okojie 1995:44). Human capital is so important that in the Khartoum Declaration of 1988, it was asserted that: .the human dimension is the sine qua non of economic recovery .no SAP or economic recovery programme should be formulated or can be implemented without having at its heart detailed social and human priorities. There can be no real structural adjustment or economic recovery in the absence of the human imperative (Adedeji 1990:390). In other words, there cannot be meaningful economic growth without adequate human resources. Human resources development involves the improvement and the transformation of a nations human resources by better medicare, nutrition, accommodation, environment, education and training (Yesufu, 1962) Human capital development can be described as a deliberate effort by Government and people to provide the right number of workers, at the right areas of need and at the right time in an economy that is incentives that will increase the morale of the workers. For example, in Japan, training of human resources is seen as very important in development of the economy. They also provide incentives that boost the morale of the workers. The government is expected to provide policies or programmes that provide the labour needs and a requirement in all sectors of the economy. The existence of a large population does not translate to a productive resource. Human resources can only be productive due to effort made by the government and the private organisations in developing human resources. Human beings become productive resource or human capital only when they are able and in a position to contribute meaningfully to productive economic activities. They have to be trained to become agents of p roduction and economic activities. Without training they remain passive, potential and inactive as other factors of production. Human beings can be fashioned to lead useful and happy lives and contribute to societal development by the development of their characters and potential abilities through education, training, health services and so on conducted over a long period of years. The enterprise of human capital development therefore is the impartibility of knowledge and skills to human beings through education and training for productive as well as consumptive ends (U.O Anyanwu). Education is only one form of investment in human beings. Others include expenditure on medical care, migration to more prosperous regions, information about job opportunities and career prospects and choice of jobs with higher training contents. Human capital development is a form of investment with expected economic as well as social returns not only to the individual investor and his family but also the society at large. The economy, with time, begins to experience growth, while the beneficiary acquires the opportunity to contribute to and secure qualitative live by being able to make the right choices and command higher earnings profile. Consequently human capital development has been seen as the ultimate concern of all types of development-economic, social, cultural, political, etc. Capacity building or human capital development responds to a wide-range of questions such as what people are able to be or do, the issues longevity, health and mind development, their inalienable fundamental human rights to freedom of choice, speech, association, political, economic, social and other needs and ability to escape from avoidable diseases, malnourishment and illiteracy (HDR Nigeria 1996). Human Development Report (1996) maintains that sustainability of human capacity building is the essential component of the ethics of universalism of life, stressing that it is a matter of sharing development opportunities between all classes and groups of people between the rich and the poor, between the present and future generations. It is of the view that sustainability demands what it calls intra-generational and inter-generational equity (HRD Nigeria 1996). Capacity building or HRD has other associated benefits and returns. (Umo 1995) has itemized other crucial contributions of human capital to development in general to include; the generalized capacity to absorb economic shocks as well as cope with the complexities of modern development; creating a corps of well informed citizenry with positive attitude to national development, providing persons for technology base needed for industrialization; 2.2 CONCEPT OF PRODUCTIVITY The most widely accepted definition of productivity is that it is the ratio of inputs to output. This definition enjoys general acceptability because of two related considerations. One, the definition what productivity is thought of to be in the context of an enterprise, an industry or an economy as a whole. Two, regardless of the type of production, economic or political system, this definition of productivity remains the same as long as the basic concept is the relationship between the quantity and quality of goods and services produced and the quality of resources used to produce them. Eatwell and Newman (1991) defined productivity as a ratio of some measure of output to some index of input use. Put differently, productivity is nothing more than the arithmetic ratio between the amount produced and the amount of any resources used to produce them. This conception of productivity goes to imply that it can indeed be perceived as the output per unit input or the efficiency with which resources are used. Olaoye (1985) observed that productivity as a concept can assume two dimensions: namely total factor productivity (TFP) and partial productivity. The former relates to productivity that is defined as the relationship between outputs Growth in productivity provides a significant basis for adequate supply of goods and services thereby improving the welfare of the people and enhancing social progress (Mike Obadan). Demburg (1985) said without productivity there would be no growth in per capita income and inflation control would be more difficult. A country with high productivity is often known for high capacity utilization (optimal use of resources), high standard of living, low rate of unemployment and social progress. Productivity measures the relationship between quantitative and qualitative value of goods and services produced and the quantity of resources needed to produce them (that is, factor inputs such as labour, capital, technology) (Sumbeye, 1992; Okojie 1995; Roberts and Tybout 1997). Mali (1978) defines it as the measure of how resources are brought together in organisations and utilized for accomplishing a set of results. It is reaching the highest level of performance with the least use of resources. In this definition, the issue of efficiency is being referred to. Increased productivity will involve the use of less resources and an outcome of more output. Roberts and Tybout (1997) and Tybout (1992), assuming a neoclassical production function at the sectoral or industry , define total factor output to be a concave of inputs and time (a proxy for technological innovation). To them, the elasticity of output with respect to time is the total factor productivity. TFP = Total output / Weighted average of all inputs..1 The factor inputs include labour, capital, raw material and purchase of spare parts and so on. In a particular sense, these factors are reduced to the weighted average of labour and capital (Okojie, 1995; Roberts and Tybout, 1997). Partial productivity (PP) is defined as: PP = Total output / partial input.2 According to T. M.Yesufu, labour productivity refers to the output result of workers organised within a given economic unit or enterprise. Yesufu outlined the three basic deficiencies associated with the use of labour productivity. They include the following; the term labour as generally conceived , is ambiguous and far from inclusive. It excludes some very important categories of human inputs, especially management, marketing, accounting and the white collar workers generally, who are not directly on the production line. even the acknowledged workforce generally used for labour productivity measurement(the blue coated production line- skilled and unskilled labour) as far from homogenous, which complicates the allocation of output between the constituent classes; for example , adult and child labour; male-female, artisan, technician, etc. the output of an enterprise itself usually varies in terms of type , material inputs, labour mixes, sizes of unit products, etc., that are not easily dis-aggregated. Due to these shortcomings of the use of labour productivity some economists prefer to use total factor productivity as it is said to be superior and more acceptable for purposes of determining enterprise or macroeconomic performance. Partial productivity is particularly used for analytical purposes, to test the relative efficiency of, or returns to, various forms of inputs, and to check, for example, the effect on marginal productivity an increase or reduction of a particular type of input. 2.2.1 The Traditional Concept of Productivity The traditional concept of productivity focuses on the efficiency in the production or delivery process. In this wise, the focus is merely on the ratio of output to inputs. Thus, productivity is measured as the amount of output per unit of inputs. Since the emphasis was more generally on labour productivity, the measure was often the amount of output per worker working for one hour. This traditional approach implies a simple Mathematical relationship so that productivity improvement means producing more with less or the same amount of inputs; or sustaining the same level of output with less input. This traditional view derives from the economic logic of cost minimisation. One implication of this approach is that traditional productivity improvement schemes tend to focus on how to reduce inputs employed and improve the skills of the workers they retain. Workers lay-offs, while seeking to maintain the same levels of output with the reduced work force became popular at enterprise levels. The present policy of the Federal Government to reduce the work force in the public service is as a result of this traditional logic. 2.2.2 New Emerging Concept of Productivity Globalisation and the new forms of competition which it has brought about, however, today require us to focus on a much broader concept of productivity. Likewise, we need to appreciate more fully the changing dynamics of the factors involved in the process of productivity improvement. As a recent analysis points out, increased competitiveness, the increased complexity of markets, the globalisation of manufacturing and the increased concern about social and ecological issues make productivity improvement more important at the same time that the need for a broader meaning of productivity is required. Thus, the focus today is increasingly on total factor productivity and the process of its improvement involves improving the overall business environment. This involves the promotion of better labour-management relations, continuous improvement in products and processes, enhancement of the quality of work life and continuous development of the human resource. In this new conception, the emphasis of the direction to productivity improvement is on increased added value creation, rather than the minimisation of labour inputs. Emphasis has also been brought to bear on the distribution of the benefits of productivity improvement among all stakeholders (workers, employers, consumers). Productivity is not seen any more just as the physical increase in output, but also as the improvement in the quality and value or acceptability of the product or service. Thus, productivity is not just an efficiency concept any more, but equally an effectiveness concept. In an increasingly globalized world, productivity improvement does not just involve the efficient production of products or services, but of products and services that are needed and demanded and bought by very discerning customers. Customer orientation is increasingly in the fore and quality is now an important index of performance. Productivity is becoming identical with quality. 2.3 DETERMINANTS OF PRODUCTIVITY A number of factors affect productivity. Major among these are the complementing factors of production as well as technology/innovation, institutional backup, worker motivation, the quality of labour, environment, etc( U.O. Anyanwu). To discover the effect of each of the cooperating factors on productivity, we have to go into a theoretical world where we can hold other things constant while varying each of these factors one after the other. Here, we are still relying on the theory of diminishing marginal productivity which states that if increasing amounts of a variable factor, say labour, is applied to a fixed amount of other factors (e.g. land, capital, materials etc.), given the level of technology then beyond a certain number the extra or marginal product of the variable factor begins to fall down or diminish (Todaro 1985) However, in a real world all the factors impact productivity simultaneously. (a) Land, A Factor of Labour Productivity Growth Land can affect productivity both quantitatively and qualitatively. If land is identified as the limiting factor of labour productivity more arable land can be brought under cultivation to relax the land constraint. In this regard a number of forest reserves have, for this purpose, to be deforested. The quality of land can be improved through the application of manure and fertilizer, which also increases the yield per hectare. Other methods of farming that make for more yields per hectare of land such as improved seed and grain varieties have been adopted by modern farmers. New land policies that alter tenure ship and ownership are devices for relaxing land constraints and improving productivity. (b) Capital Accumulation and Labour Productivity. If identified low labour productivity is attributable to lack of capital, capital can be raised through the mobilization of domestic and foreign investment. Acquisition of new factories, equipment, and machinery will lead to increases in productivity and output per capita of the nation. The Nigerian Governments are committed to the attraction of foreign investments to, among others; improve the capital base of the country. However, while the efforts are being made to cover the need for further capital, installed capital such as the Liquefied Natural Gas Project, Petrochemical plants, Refineries and Iron and Steel factories, among others need revitalization if our productivity is to increase. Investment in social and economic infrastructure gives a significant effect to productivity such as roads, electricity, water, sanitation, communication for the facilitation of economic activities. Road networks are needed to bring the additional product to areas of need, while electricity, water, communication, all play very dominant roles in bringing about the additional product and service arising from the new investment. Dams, irrigation facilities, bridges and road extensions to interior areas all raise product per hectares of cultivated land. Use of chemicals, fertilizers, pesticides, etc. is part of the capital needed enhanced productivity because by raising value of the farm land, productivity is also being improved. (c)Technology/Innovation and Productivity Most economists regard technology/innovation as the most important source of growth. Technology is being seen as a new and improved ways of achieving or performing traditional tasks. Technology can be neutral, labour or capital intensive. Technology is said to be labour and capital neutral when higher output levels are achievable using the same quantity and combinations of factor inputs in a production process. Simple innovations such as re-distribution of labour can result in higher output levels, too. On the other hand, technology may be capital intensive or labour intensive if higher levels of output are possible, with more capital or more labour. Use of simple implements such as those of cottage and small scale industries are said to be labour intensive while those such as electronic computers, automated textile looms, mechanical ploughs, tractors display capital intensity (Todaro 1985). In industrialized countries where unit cost of labour is very high and expensive technology choice favors one that is capital intensive or labour saving, while in developing countries such as Nigeria where there is abundance of labour and scarcity of capital, choice of technology gravitates towards those that are labour intensive, and capital saving. There is the fourth aspect of technology called labour or capital augmentation technology. The quality or skill of labour can be augmented by the use of, for example, videotapes, televisions and other electronic communication devices while capital augmentation is said to occur when productivity can be enhanced by the use of existing capital goods for instance iron types etc can replace wooden hoes. Today hybrid products such as cassava, rice, etc that give higher yield per hectare are being developed through technological augmentation. (d) Labour Force Growth and Labour Productivity. Labour Force growth an important part of the population growth stimulates economic growth and productivity growth particularly when growth has not attained its optimum level. A large labour force, all things being equal, means a large population and the latter is potentially a large domestic market, and if well endowed, empowered and developed, a great international market, too. However, much depends obviously on the capacity of the economic system to productively employ the additional workers arising from the population/labour force growth. Again this will equally depend on the rate and kinds of capital accumulation and the availability of related factors such as managerial and administrative skills and competence the level of commitment of the political administration. 2.4 IMPACT OF HUMAN CAPITAL DEVELOPMENT ON LABOUR PRODUCTIVTY Human Capital Development enhances labour productivity and the productive capacity of the economy. Employers regard the qualification arising from capacity building, as a reliable indication of personal ability, achievement drive reasoning for instance that, a graduate must make a better salesman than a man who had never met the Human Capital Development and Productivity Relationship Human Capital Development and Productivity Relationship ABSTRACT This study examines the relationship between human capital development and productivity. Productivity is the dependent variable while human capital development indicators and gross capital formation are the explanatory variables. Recurrent and capital expenditures on health and education are used as human development indicators. The scope of the study is from1977 to 2003. The Ordinary Least Square method was used to determine this relationship. It has revealed a negative relationship between gross capital formation and productivity. However, human capital development was found to affect productivity significantly. It is therefore advocated to adopt policies that will improve the expenditure on health and education. CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The issue of human capital development is of great importance in any economy particularly developing economy such as Nigeria. The twentieth century has become the human capital century. People and skills matter, the wealth of a nation is embodied in its people, that is, the working class. Although advanced countries but the poor countries are becoming more aware of the importance of people the advantage countries but the poor countries are becoming more aware of the importance of people the advancement of the economy. This study is therefore of great significance to the world at large. Labor is one of the four factors of production. The others are capital, land and entrepreneur. In the nineteenth century, people were of little importance to industrial giants such as Britain, Germany, France and the United States. However, in the early 1900 attention began to shift to education of people at secondary and higher levels and provision of welfare services such as health services. The Nigerian economy has however failed to move at the pace of other countries in the world. Although effort have been made in the area of human development in the part, there has not been a substantial improvement in the human capital development in the past, there has not been a substantial improvement in the human capital indicators such as education and health. Productivity can be perceived as the output per unit or the efficiency with which resources are utilized. Therefore productivity with respect to human capital development refers to the development of human capital which will lead to efficiency with which resources are utilized and this will increase output. The trend of productivity in Nigeria is one that fluctuates. Productivity in Nigeria compared to that of other countries is very low. Sustained productivity depends on the economys human capital. Human capital can be defined as the skills, knowledge, competencies, and attributes that reside in a worker. Human capital development involves the improvement of a nations human capital through better healthcare, nutrition, accommodation, working environment, education and training. The economies of nations and the world at large is dynamic in nature, it follows that the human resources of these nations should be constantly improved on. That is, training of manpower should be a continuous process in order to meet up with the demands of the world market. Here, the emphasis is placed on education and health. These can also be referred to as indicators of human capital development on productivity. ducation in Nigeria has improved over the years with increased interest in the tertiary institution. However, a closer attention has to be paid to the needs of the educational sector because the quality and level of educational attainment on the productivity of a country. Certain measures have been put in place to improve the quality of education in Nigeria by the Federal government and other agencies. However, these efforts have not brought about the much desired change in the standard of the education in Nigeria. Failure in the educational sector has been accounted for due to some problems. They include; inadequate allocation by the government to education, lack of dedicated teachers, poor political environment, poor implementation of policies and several others. Private organizations have sprung up to resuscitate the educational sector. This is evident through the increase in private schools in the primary, secondary and even the tertiary level. Nigerians have lost confidence in t he ability of the government to provide good education and this has resulted in high patronage of these private institutions by Nigerians who can afford it. This leaves the bulk of Nigerians that cannot afford private education at the mercy of the government funded schools. The government has failed to realize the gravity of what an underdeveloped human capital can do to an economy. The need for more attention to be centered on this aspect is very necessary. The health sector is also faced with similar problems as that of education. Health is a very important factor in human capital development. The state of health of labor affects the level of performance thereby affecting the level of productivity. Government has tried in improving health services by reducing the number of population per doctor, providing more health facilities, hospitals and other required health personnel. However, there is still room for improvement in this aspect. The rural areas of the country have been neglected while the urban areas have been focused on, there is still need to reduce the population per doctor, provide preventive healthcare and take drastic measures to reduce the infant maternal mortality. These discrepancies in education and health of the country have a very significant effect on productivity and hence economic growth. 1.2 STATEMENT OF THE PROBLEM The Nigerian economy has solved several problems facing it. There has been prolonged economic recession followed by the collapse of the world oil market from the early 1980 and fall in the foreign exchange earnings of the country. Other problems include overdependence on imports for consumption and capital goods, lack of adequate social and economic infrastructure and neglect of the agricultural sector. Nigeria is rated to be one of the poorest countries in the world. Putting the countrys economy back on track requires a lot of activities that will advance the economy such as rebuilding the economy and making goods and services available and affordable for every one. This is where the issue of productivity comes in since productivity refers to the level of output of a country. The problem therefore deals with increase in productivity through human capital development so as to increase growth. This study raises questions on how the indicators of human capital development affect productivity. 1.3 SCOPE OF THE STUDY This study covers all sectors of the economy and all countries in the world as the issue of human capital and productivity affects everyone. However, the study is based on the Nigerian economy and all considerations and analysis refers to the Nigerian economy. This study covers the period from 1977 to 2004. 1.4 OBJECTIVES OF THE STUDY The major objective of the study is to determine the relationship between human capital development and productivity in the Nigerian economy through the use of two human capital development indicators; education and health. The specific objectives include: To ascertain the relationship between human capital development and productivity To examine the impact of health on the productivity in the Nigerian economy. To examine the impact of education on productivity in the Nigerian economy. To determine the indicators of human capital development. 1.5 JUSTIFICATION OF THE STUDY This study is relevant to every sector of the economy. This is because every sector of the economy has labor as its most important factor of production. It is therefore of great importance to the industrial, agricultural, mining sector and so on. It gives them more incentive to invest more in their human resources. It is also of great importance to the government who have in their hands the authority and responsibility over important indicators of human capital development. This study will encourage government to increase expenditure on education, health and other areas of the economy that affect productivity. It provides a basis for which investment in health and education will be measured against productivity. This study is therefore of great importance to all sectors of the economy, the government and other stakeholders such as consumers, shareholders and so on. 1.6 RESEARCH QUESTIONS The following questions arise in the course of this study and will subsequently be answered. They include the following; What is the relationship between human capital development and productivity? What is the effect of health on productivity? What is the impact of education on productivity? What are the other factors that lead to the development of human capital? 1.7 HYPOTHESIS OF THE STUDY The following hypotheses hold for this study; H0 : Education has the lowest impact on productivity H1: Education has the greatest impact on productivity. H0: Health has no significant impact on productivity. H1: Health has a significant impact on productivity. H0: There is no significant relationship between human capital development and productivity. H1: There is a significant relationship between human capital development and productivity. 1.8 RESEARCH METHODOLOGY The issues to be raised in this research work are both empirical and theoretical. The Ordinary least square method of analyzing data will be used and the results will be interpreted. 1.9 DATA SOURCES Data was obtained from the Central Bank Statistical Bulletin, 2004. 1.1.0 OUTLINE OF CHAPTERS In order to achieve the stated objectives, the project work has been subdivided into five chapters. Chapter one is the introduction which consists of the background, statement of the problem, objectives, justification, hypotheses, scope, research methodology, organization and limitation of the study. Chapter two is devoted to past literature written on the subject matter. Chapter three is the methodological framework and the model specification. Chapter four is presentation, interpretation and empirical analysis of regression results. Chapter five boarders on the summary, recommendation and conclusion of the study. CHAPTER TWO LITERATURE REVIEW 2.1 CONCEPT OF HUMAN CAPITAL DEVELOPMENT Human resources make up the standard or the basis for the wealth of a country. Human resources are the summation of efforts, skills, knowledge and experience available in a country. It is the managerial, scientific, engineering, technical, craftsmen and other skills which are employed in creating, designing, developing organizations, managing and operating productive and service enterprises and economic institutions (Yesufu, 1962). They are a nations most valuable resources. They constitute a nations human capital. Human capital refers to the skills, education, health, and training of individuals. It is capital because these skills or education are an integral part of us that is long-lasting, in the way a machine, plant, or factory lasts ( Gary Becker, 1992). Before the nineteenth century, investment in human capital was not important in any country. Expenditures on schooling, health and other forms of investment were quite small. This began to change during that century with the application of science to the development of new goods and more efficient methods of production, first in Britain, and then gradually spreading to other countries. During this century, education, skills, and other knowledge have become crucial determinants of a persons and a nations productivity. One can even call the twentieth century the Age of Human Capital in the sense that the primary determinant of a countrys standard of living is how well it succeeds in developing and utilizing the skills, knowledge, health, and habits of its population. It has been estimated that human capital-education, on-the-job and other training, and health-comprises about 80 percent of the capital or wealth in the United States and other advanced countries. (Gary Becker 1992). Therefore a country without effective human capital development skills will be lagging behind in the issue of development. The concept of human capital refers to the abilities and skills of human resources of a country, while human capital formation refers to the process of acquiring and increasing the number of persons who have the skills, education and experience that are critical for economic growth and development of a country (Okojie 1995:44). Human capital is so important that in the Khartoum Declaration of 1988, it was asserted that: .the human dimension is the sine qua non of economic recovery .no SAP or economic recovery programme should be formulated or can be implemented without having at its heart detailed social and human priorities. There can be no real structural adjustment or economic recovery in the absence of the human imperative (Adedeji 1990:390). In other words, there cannot be meaningful economic growth without adequate human resources. Human resources development involves the improvement and the transformation of a nations human resources by better medicare, nutrition, accommodation, environment, education and training (Yesufu, 1962) Human capital development can be described as a deliberate effort by Government and people to provide the right number of workers, at the right areas of need and at the right time in an economy that is incentives that will increase the morale of the workers. For example, in Japan, training of human resources is seen as very important in development of the economy. They also provide incentives that boost the morale of the workers. The government is expected to provide policies or programmes that provide the labour needs and a requirement in all sectors of the economy. The existence of a large population does not translate to a productive resource. Human resources can only be productive due to effort made by the government and the private organisations in developing human resources. Human beings become productive resource or human capital only when they are able and in a position to contribute meaningfully to productive economic activities. They have to be trained to become agents of p roduction and economic activities. Without training they remain passive, potential and inactive as other factors of production. Human beings can be fashioned to lead useful and happy lives and contribute to societal development by the development of their characters and potential abilities through education, training, health services and so on conducted over a long period of years. The enterprise of human capital development therefore is the impartibility of knowledge and skills to human beings through education and training for productive as well as consumptive ends (U.O Anyanwu). Education is only one form of investment in human beings. Others include expenditure on medical care, migration to more prosperous regions, information about job opportunities and career prospects and choice of jobs with higher training contents. Human capital development is a form of investment with expected economic as well as social returns not only to the individual investor and his family but also the society at large. The economy, with time, begins to experience growth, while the beneficiary acquires the opportunity to contribute to and secure qualitative live by being able to make the right choices and command higher earnings profile. Consequently human capital development has been seen as the ultimate concern of all types of development-economic, social, cultural, political, etc. Capacity building or human capital development responds to a wide-range of questions such as what people are able to be or do, the issues longevity, health and mind development, their inalienable fundamental human rights to freedom of choice, speech, association, political, economic, social and other needs and ability to escape from avoidable diseases, malnourishment and illiteracy (HDR Nigeria 1996). Human Development Report (1996) maintains that sustainability of human capacity building is the essential component of the ethics of universalism of life, stressing that it is a matter of sharing development opportunities between all classes and groups of people between the rich and the poor, between the present and future generations. It is of the view that sustainability demands what it calls intra-generational and inter-generational equity (HRD Nigeria 1996). Capacity building or HRD has other associated benefits and returns. (Umo 1995) has itemized other crucial contributions of human capital to development in general to include; the generalized capacity to absorb economic shocks as well as cope with the complexities of modern development; creating a corps of well informed citizenry with positive attitude to national development, providing persons for technology base needed for industrialization; 2.2 CONCEPT OF PRODUCTIVITY The most widely accepted definition of productivity is that it is the ratio of inputs to output. This definition enjoys general acceptability because of two related considerations. One, the definition what productivity is thought of to be in the context of an enterprise, an industry or an economy as a whole. Two, regardless of the type of production, economic or political system, this definition of productivity remains the same as long as the basic concept is the relationship between the quantity and quality of goods and services produced and the quality of resources used to produce them. Eatwell and Newman (1991) defined productivity as a ratio of some measure of output to some index of input use. Put differently, productivity is nothing more than the arithmetic ratio between the amount produced and the amount of any resources used to produce them. This conception of productivity goes to imply that it can indeed be perceived as the output per unit input or the efficiency with which resources are used. Olaoye (1985) observed that productivity as a concept can assume two dimensions: namely total factor productivity (TFP) and partial productivity. The former relates to productivity that is defined as the relationship between outputs Growth in productivity provides a significant basis for adequate supply of goods and services thereby improving the welfare of the people and enhancing social progress (Mike Obadan). Demburg (1985) said without productivity there would be no growth in per capita income and inflation control would be more difficult. A country with high productivity is often known for high capacity utilization (optimal use of resources), high standard of living, low rate of unemployment and social progress. Productivity measures the relationship between quantitative and qualitative value of goods and services produced and the quantity of resources needed to produce them (that is, factor inputs such as labour, capital, technology) (Sumbeye, 1992; Okojie 1995; Roberts and Tybout 1997). Mali (1978) defines it as the measure of how resources are brought together in organisations and utilized for accomplishing a set of results. It is reaching the highest level of performance with the least use of resources. In this definition, the issue of efficiency is being referred to. Increased productivity will involve the use of less resources and an outcome of more output. Roberts and Tybout (1997) and Tybout (1992), assuming a neoclassical production function at the sectoral or industry , define total factor output to be a concave of inputs and time (a proxy for technological innovation). To them, the elasticity of output with respect to time is the total factor productivity. TFP = Total output / Weighted average of all inputs..1 The factor inputs include labour, capital, raw material and purchase of spare parts and so on. In a particular sense, these factors are reduced to the weighted average of labour and capital (Okojie, 1995; Roberts and Tybout, 1997). Partial productivity (PP) is defined as: PP = Total output / partial input.2 According to T. M.Yesufu, labour productivity refers to the output result of workers organised within a given economic unit or enterprise. Yesufu outlined the three basic deficiencies associated with the use of labour productivity. They include the following; the term labour as generally conceived , is ambiguous and far from inclusive. It excludes some very important categories of human inputs, especially management, marketing, accounting and the white collar workers generally, who are not directly on the production line. even the acknowledged workforce generally used for labour productivity measurement(the blue coated production line- skilled and unskilled labour) as far from homogenous, which complicates the allocation of output between the constituent classes; for example , adult and child labour; male-female, artisan, technician, etc. the output of an enterprise itself usually varies in terms of type , material inputs, labour mixes, sizes of unit products, etc., that are not easily dis-aggregated. Due to these shortcomings of the use of labour productivity some economists prefer to use total factor productivity as it is said to be superior and more acceptable for purposes of determining enterprise or macroeconomic performance. Partial productivity is particularly used for analytical purposes, to test the relative efficiency of, or returns to, various forms of inputs, and to check, for example, the effect on marginal productivity an increase or reduction of a particular type of input. 2.2.1 The Traditional Concept of Productivity The traditional concept of productivity focuses on the efficiency in the production or delivery process. In this wise, the focus is merely on the ratio of output to inputs. Thus, productivity is measured as the amount of output per unit of inputs. Since the emphasis was more generally on labour productivity, the measure was often the amount of output per worker working for one hour. This traditional approach implies a simple Mathematical relationship so that productivity improvement means producing more with less or the same amount of inputs; or sustaining the same level of output with less input. This traditional view derives from the economic logic of cost minimisation. One implication of this approach is that traditional productivity improvement schemes tend to focus on how to reduce inputs employed and improve the skills of the workers they retain. Workers lay-offs, while seeking to maintain the same levels of output with the reduced work force became popular at enterprise levels. The present policy of the Federal Government to reduce the work force in the public service is as a result of this traditional logic. 2.2.2 New Emerging Concept of Productivity Globalisation and the new forms of competition which it has brought about, however, today require us to focus on a much broader concept of productivity. Likewise, we need to appreciate more fully the changing dynamics of the factors involved in the process of productivity improvement. As a recent analysis points out, increased competitiveness, the increased complexity of markets, the globalisation of manufacturing and the increased concern about social and ecological issues make productivity improvement more important at the same time that the need for a broader meaning of productivity is required. Thus, the focus today is increasingly on total factor productivity and the process of its improvement involves improving the overall business environment. This involves the promotion of better labour-management relations, continuous improvement in products and processes, enhancement of the quality of work life and continuous development of the human resource. In this new conception, the emphasis of the direction to productivity improvement is on increased added value creation, rather than the minimisation of labour inputs. Emphasis has also been brought to bear on the distribution of the benefits of productivity improvement among all stakeholders (workers, employers, consumers). Productivity is not seen any more just as the physical increase in output, but also as the improvement in the quality and value or acceptability of the product or service. Thus, productivity is not just an efficiency concept any more, but equally an effectiveness concept. In an increasingly globalized world, productivity improvement does not just involve the efficient production of products or services, but of products and services that are needed and demanded and bought by very discerning customers. Customer orientation is increasingly in the fore and quality is now an important index of performance. Productivity is becoming identical with quality. 2.3 DETERMINANTS OF PRODUCTIVITY A number of factors affect productivity. Major among these are the complementing factors of production as well as technology/innovation, institutional backup, worker motivation, the quality of labour, environment, etc( U.O. Anyanwu). To discover the effect of each of the cooperating factors on productivity, we have to go into a theoretical world where we can hold other things constant while varying each of these factors one after the other. Here, we are still relying on the theory of diminishing marginal productivity which states that if increasing amounts of a variable factor, say labour, is applied to a fixed amount of other factors (e.g. land, capital, materials etc.), given the level of technology then beyond a certain number the extra or marginal product of the variable factor begins to fall down or diminish (Todaro 1985) However, in a real world all the factors impact productivity simultaneously. (a) Land, A Factor of Labour Productivity Growth Land can affect productivity both quantitatively and qualitatively. If land is identified as the limiting factor of labour productivity more arable land can be brought under cultivation to relax the land constraint. In this regard a number of forest reserves have, for this purpose, to be deforested. The quality of land can be improved through the application of manure and fertilizer, which also increases the yield per hectare. Other methods of farming that make for more yields per hectare of land such as improved seed and grain varieties have been adopted by modern farmers. New land policies that alter tenure ship and ownership are devices for relaxing land constraints and improving productivity. (b) Capital Accumulation and Labour Productivity. If identified low labour productivity is attributable to lack of capital, capital can be raised through the mobilization of domestic and foreign investment. Acquisition of new factories, equipment, and machinery will lead to increases in productivity and output per capita of the nation. The Nigerian Governments are committed to the attraction of foreign investments to, among others; improve the capital base of the country. However, while the efforts are being made to cover the need for further capital, installed capital such as the Liquefied Natural Gas Project, Petrochemical plants, Refineries and Iron and Steel factories, among others need revitalization if our productivity is to increase. Investment in social and economic infrastructure gives a significant effect to productivity such as roads, electricity, water, sanitation, communication for the facilitation of economic activities. Road networks are needed to bring the additional product to areas of need, while electricity, water, communication, all play very dominant roles in bringing about the additional product and service arising from the new investment. Dams, irrigation facilities, bridges and road extensions to interior areas all raise product per hectares of cultivated land. Use of chemicals, fertilizers, pesticides, etc. is part of the capital needed enhanced productivity because by raising value of the farm land, productivity is also being improved. (c)Technology/Innovation and Productivity Most economists regard technology/innovation as the most important source of growth. Technology is being seen as a new and improved ways of achieving or performing traditional tasks. Technology can be neutral, labour or capital intensive. Technology is said to be labour and capital neutral when higher output levels are achievable using the same quantity and combinations of factor inputs in a production process. Simple innovations such as re-distribution of labour can result in higher output levels, too. On the other hand, technology may be capital intensive or labour intensive if higher levels of output are possible, with more capital or more labour. Use of simple implements such as those of cottage and small scale industries are said to be labour intensive while those such as electronic computers, automated textile looms, mechanical ploughs, tractors display capital intensity (Todaro 1985). In industrialized countries where unit cost of labour is very high and expensive technology choice favors one that is capital intensive or labour saving, while in developing countries such as Nigeria where there is abundance of labour and scarcity of capital, choice of technology gravitates towards those that are labour intensive, and capital saving. There is the fourth aspect of technology called labour or capital augmentation technology. The quality or skill of labour can be augmented by the use of, for example, videotapes, televisions and other electronic communication devices while capital augmentation is said to occur when productivity can be enhanced by the use of existing capital goods for instance iron types etc can replace wooden hoes. Today hybrid products such as cassava, rice, etc that give higher yield per hectare are being developed through technological augmentation. (d) Labour Force Growth and Labour Productivity. Labour Force growth an important part of the population growth stimulates economic growth and productivity growth particularly when growth has not attained its optimum level. A large labour force, all things being equal, means a large population and the latter is potentially a large domestic market, and if well endowed, empowered and developed, a great international market, too. However, much depends obviously on the capacity of the economic system to productively employ the additional workers arising from the population/labour force growth. Again this will equally depend on the rate and kinds of capital accumulation and the availability of related factors such as managerial and administrative skills and competence the level of commitment of the political administration. 2.4 IMPACT OF HUMAN CAPITAL DEVELOPMENT ON LABOUR PRODUCTIVTY Human Capital Development enhances labour productivity and the productive capacity of the economy. Employers regard the qualification arising from capacity building, as a reliable indication of personal ability, achievement drive reasoning for instance that, a graduate must make a better salesman than a man who had never met the