Wednesday, February 26, 2020
Case study Example | Topics and Well Written Essays - 1000 words - 21
Case Study Example Additionally, ââ¬Å"Persuasionà is a matter of persuaders engineering actors decisions to produce the desired actionâ⬠(Funkhouser & Parker, 1999, p.28). Jill presents raw data to her guests that require her to breakdown for them so that they may be emotionally appealed. She further makes the assumption that once they leave they will read the information in the folder that she presents to them. Jill completely fails to communicate to her guests effectively because of the lack of emphasis to the significance of her proposed research. Effective communication requires adequate appeal to the passion, logic and the character of an individual. Jillââ¬â¢s does not appeal to these aspects hence she is not able to convince her guests to donate towards her research. As pointed out by Barker (2010), ââ¬Å"the key to effective persuasion is having powerful ideas and delivering them wellâ⬠(p.75). Though Jill presents herself and her work in a systematic and orderly way, she does not convince the guests to be passionate about her work. In addition, she does not appeal to their logic by demonstrating clearly in very basic language how the project would be helpful to the society as well as the donors. Instead, she assumes that the guests (donors) will understand what she is up to. Nothstine & Michael (1989) have mentioned that ââ¬Å"most people have never been trained in formal logic and reasoningâ⬠(p. 47). On the other hand, the potential donors are people that are rich and their character may be based on the need for self-actualization. Jill fails to clearly communicate to the guests by appealing to their character. It is clear that there is an aspect that is lacking in the communication, as well put by Mayo and Jarvis (1992), ââ¬Å"Persuasiveà communicationà is more effective when salespeople create a sense of togetherness with those with whom they speakâ⬠(p.1). At the ends of the day, she ends up not getting any correspondence from
Sunday, February 9, 2020
Worldcom Article Example | Topics and Well Written Essays - 250 words
Worldcom - Article Example He managed his company indirectly and took the firmââ¬â¢s money to spend it on personal purchases which were extravagant in nature. The extravagant lifestyle left him in debt when the company started posting losses. The stock that he took a loan with from the company was the same stock he had used as security for the startup fee of the firm. This is one thing that he kept from the board of directors. He had taken a loan of $415 million and yet he had promised a $1 billion to the creditors, this became a major problem when he failed to meet the financial targets the following year. With the company losing its grip on the share of the market, the 2002 economic downfall of communication companies served as a major blow to the entity. On March of the same year, the SEC investigated the financials of WorldCom which was an economic giant at the time. They found improprieties that led to a 7% drop in the share of the market. This was attributed to the $415 million loan to Ebbers. The firm survived on merger reserves from there on, more inconsistencies were discovered on the reporting of revenues and altering of financial
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