Introduction Of Healthcare.gov As A Health Insurance...

The Introduction of HealthCare.gov Introduction HealthCare.gov is a health insurance exchange website operated under the United States federal government under the provisions of the Patient Protection and Affordable Care Act (ACA, often known as Obamacare ), designed to serve the residents of the thirty-six U.S. states that opted not to create their own state exchanges. The exchange facilitates the sale of private health insurance plans to residents of the United States and offers subsidies to those who earn less than four times the federal poverty line. The website also assists those persons who are eligible to sign up for Medicaid, and has a separate marketplace for small businesses. History The federal website HealthCare.gov†¦show more content†¦Additional contractors were hired for security systems, such as Experian for digital identity authentication and Quality Software Services, Inc. (QSSI), a UnitedHealth Group company. According to the GAO, a total of 55 contractors were hired to help build the marketplace. Development Seed started working on the site in March 2013, mainly the home page, over the course of four months until the large contractors stepped in. The firm used Jekyll, a Ruby-based open-source software project that originated at GitHub in 2008 designed to generate static websites. To promote ease of use when publishing content to Jekyll on GitHub, Development Seed created Prose.io, a web-based content editor. Pairing Jekyll and Prose.io enable building simple, flexible, and reliable sites without the overhead of dynamic CMSs. The agency’s work has been commended for using smart underlying technology, a clean responsive design, a developer-friendly API and an open source project. The firm has since removed the HealthCare.gov code from public view on GitHub. After Development Seed created the front end of the health insurance marketplace, they sent their files to CGI Federal, who thenShow MoreRelatedThe Biggest Software Disasters1159 Words   |  5 PagesIntroduction This research paper takes a look at two of the biggest software disasters in the past decade, Healthcare.gov website and the DIA Baggage system. In this paper, I analyze the different engineering approaches that were used, assess the success or failure of each to draw conclusions regarding â€Å"best† practices. Healthcare.gov The Affordable Care Act also known as ObamaCare was signed into law by President Barack Obama on March 23, 2010 to overhaul the US healthcare system. HealthCare.govRead MoreThe Importance Of A Conversation On The United States Government And Its Risk Management Involvement1659 Words   |  7 PagesIntroduction More software projects have gone awry for lack of calendar time than for all other causes combined (Brooks, 1995). 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The states had the option to establish a state managed exchange, partner with the federal government, or let the federal government establish the exchange for them. Several states have opted to let the federal government establish the exchange for them. As of May 28

Stress Can Make Existing Problems Worse - 2132 Words

Social Stress and Health Kasia Tuturice SOC 240 December 9, 2014 Professor: Dr. Jodi Levinthal Stress can make existing problems worse. It is very important to recognize that interaction between the human mind and body represents a critical factor in regarding to health. Illness of any kind disrupts routines and interferes with day-to-day functions, all of which stresses an individual. Stress affects the mind, body, and behavior in many ways, and everyone experiences stress differently. Not only can overwhelming stress lead to serious mental and physical health problems, it can also take a toll on your relationships at home, work, and school. People stress about the minor things (such as screaming kids and barking dogs) as†¦show more content†¦With so many sources of stress, it is difficult to find time to relax. This is why, in my opinion, stress is one of the biggest health problems facing people today. There are various stress related topics. This paper will discuss the â€Å"Unemployment and ill health: a connection through inflammation?† research study article (Hintikka et al., 2009). It will also define the connection between social stress, health and relation to society and daily life as well as how it relates to my life experiences. Article Summary The research article, â€Å"Unemployment and ill health: a connection through inflammation?† revealed that unemployment causes acute and long term psychological stress (Hintikka et al., 2009). The human immune system is weakened by psychosocial stress. According to researchers, any disturbance in an immune system can cause health issues. Poor health, stress symptoms, mental disorders, coronary heart disease may lead to unemployment or be a reason for having fewer employment opportunities (Hintikka et al., 2009). People that are unemployed are likely to develop stress-induced low-grade tissue inflammation. 93 men and 132 women were included in the sample population. After completing a questionnaire, they were asked to disclose personal information which included socio-demographic variables like sex, age, marital status, education. Alcohol usage, smoking habits and physical diseases diagnosed by a doctor was also taken in consideration, as well as

For the Fire Poem Analysis Fom the Authors Perspective Essay Example For Students

For the Fire Poem Analysis Fom the Authors Perspective Essay ‘For the Fire’ poem analysis †¢Some poems I have written in the past such as ‘For the Fire’, ‘Martin and the Hand Grenade’ and ‘Summer Rain’ contain a deliberate, overlying theme. The theme of violence is clearly evident, in ‘For the Fire’ we read about a vicious encounter between a kookaburra and a lizard. In ‘Martin and the Hand Grenade’ a child shows his other class members a grenade, on old weapon of warfare, and I use imagery to create a classroom battle scene. Finally in ‘Summer Rain’ a car crash is depicted. In ‘For the Fire’ the theme of violence is more refined, the theme, is of violence in nature and it is centred around the phrase ‘survival of the fittest’. In this poem strong words are used to help convey the theme some include ‘hacks’, ‘pouting blood’, ‘bones are smashed’ and ‘dead’. †¢Ã¢â‚¬ËœFo r the Fire’ is a poem where I am basically describing a situation I was in. I left the civilised comfort of my home and went outside to gather fire wood. While outside the harshness of nature dawned on me, it was like I had arrived on another plant. The humble kookaburra is normally depicted as a gently animal that seems to laugh at everything from the safety of the tree tops. My perspective changed as I now realised it to must do whatever it can to survive. †¢At the beginning of the poem the mood contains an aspect of loneliness especially when the persona is depicted as being the only living thing in the forest. As the poem continues the mood changes to that of violence and fear, when the scene of a kookaburra attacking a lizard is vividly described. Imagery is used in the poem, in the first and second stanza I wrote ‘Its singular, human thud. No one is there, only the wind through sparse leaves’. Through this technique I get the image of myself standing in a forest and the only sound I hear is the axe I am using to chop wood, but occasionally I hear the soft gust of air weaving through the leaves. This imagery creates the feeling of loneliness amongst the ominous and silent trees. †¢Enjambment is used i n the poem; this is where a sentence runs onto a new stanza with no pause intended. This technique makes the poem run more fluently instead of sticking to the traditional poem structure. †¢Alliteration is used in the poem, this technique usually makes the poem run more smoothly or even make something easier to remember but in this poems case it emphasises the meaning of the words it is involved in. Alliteration can be found in the fifth stanza when I write ‘claws clutching’, this example contains the repetition of the ‘c’ sound which is a consonant. It helps better describe what the lizard is doing and also helps us feel what the lizard is going through as he tries desperately to escape the kookaburras grip. †¢Similes are used in the poem and they help describe a scene by comparing to something we might be familiar with. In the second stanza I wrote ‘through sparse leaves like clockwork’. This technique helps create an image of leaves being gently blown by the wind continuously, like the clicking on a clock. Personification is a technique where a poet gives an inanimate object human like qualities. This helps in imagining what something might look like or sound like. An example of personification is used in the second paragraph when I write ‘the sound drops’. †¢Onomatopoeia is a technique used to make a poem more interesting by using words that describe sounds; an example of onomatopoeia is used in the first stanza. ‘Thud’ is used to help describe the sound made as I chop wood. Th is gives the poem a sense of reality by appealing to our senses of hearing.

Hiring an Effective Staffing Manager

Abstract This paper examines the attributes needed to hire an effective staffing manager, compares human resource planning for a large international bank and for a local police department as well as evaluates the processes behind recruitment effectiveness.Advertising We will write a custom essay sample on Hiring an Effective Staffing Manager specifically for you for only $16.05 $11/page Learn More Through globalization and the process of outsourcing and offshoring, employee teams are no longer isolated to merely being within the same building, state or country, rather they are now scattered across a wide breadth of countries, regions and business cultures which staffing managers need to take into consideration. It is based on this that this paper will tackle the various characteristics needed in hiring an effective staffing manager, the inherent differences between a local and international organization and how to measure recruitment effectiveness. Hirin g a Staffing Manager When it comes to hiring a staffing manager for an organization, the following are the key skills and attributes I would focus on when deciding on a proper candidate: Capacity to understand the requirements of a job The most important capacity for any staffing manager is the ability to understand the needs of a job versus the type of employee candidates that would apply for it. A job’s requirements are not limited to the skills needed in order to perform it well; rather, they extend to the capacity of an employee to be able to understand the various nuances and key details needed to be able to do a job well. Such an attribute is often gained through experience and, as such, it is necessary for a staffing manager to be able to determine how an employee’s experience correlates into being able to meet the requirements of the job that is available successfully. Being able to create an effective hiring strategy Another of the requirements needed by a sta ffing manager for an organization is the capacity to develop an effective hiring strategy. What must be understood is that most large enterprises have a relatively high churn rate as compared to smaller organizations due to the sheer amount of employees that work there. As a result, it is often necessary to replace a percentage of a company’s employees on a yearly basis.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More An effective staffing manager should be able to examine the staffing needs of the company versus its regular employee churn rates and come up with a hiring strategy that ensures that a constant stream of employees are able to replace those that leave while at the same time ensuring that the company does not hire too many workers. This can help to reduce operational losses as a result of having an insufficient workforce. Other examples of effective hiring strategies that a staffing manager needs to take into consideration are the type of medium they would utilize in order to hire employees. Within the past 15 years the internet has created a means for the HR departments of companies to reach out to a broad selection of employees through websites such as LinkedIn.com. Taking this into consideration, a staffing manager might consider using traditional means of getting prospective new hires (i.e. through newspaper ads) or use the internet, which is far cheaper. The ability to determine which strategy would be the best and most affordable for the company is one of the qualities needed in a staffing manager. Hiring Experience within a Particular Industry In explaining the intricacies in hiring practices, Moeller Harvey (2011) state that â€Å"no two industries are equal† in that a staffing manager in one particular industry cannot be unilaterally placed into a whole different industry and be expected to be able to do their job well without a few years of experience. Moeller Harvey (2011) explain that employee candidates in various fields of expertise each have their own different nuances and unique skills that they bring to the table. However, there are subtle differences in their aptitude that only experienced staffing managers are able to discern and are thus able to place the correct employees in the right teams (Moeller Harvey, 2011). One example of this can be seen in the case of hiring a game designer for a gaming company, there are different specializations that need to be taken into consideration such as an individual’s expertise in the programming language that will be utilized, the platform that will be used for development as well as their knowledge in developing new applications to suit the needs of the company. Due to the various technicalities associated with game development, it would take an experienced staffing manager in this industry in order to determine whether someone is a right â€Å"fitâ⠂¬  for a particular position.Advertising We will write a custom essay sample on Hiring an Effective Staffing Manager specifically for you for only $16.05 $11/page Learn More If you took a hiring manager that was experienced in hiring people for call centers and had them develop a hiring strategy for the gaming company that was just mentioned, it is likely that they would put in place ineffective strategies (Guthrie Olian, 1991). It is based on this that when hiring a new staffing manager, it is important to determine how much experience they have within the industry that the company operates in. Comparing Human Resource planning for a large international bank and for a local police department While banks and police departments have a similar need for personnel in order to handle day to day operations, their organizational structure is significantly different, thus necessitating different human resource planning strategies. First and foremost, the org anizational structure of most international banks is more horizontal rather than vertical as compared to a local police department. Vertical organizations, such as police departments are â€Å"militaristic† in their organizational structure since a clear emphasis is placed on the structure of authority and how it results in the distribution of tasks. This can be seen in its use of titles such as captain, chief, etc. wherein a pyramidal structure of authority is implemented with little in the way of horizontal authority and capacity for shared responsibility for particular activities. While banks do have a similar leadership structure, as seen in the case of vice presidents, presidents, CFO, CEO, etc., the fact remains that its organizational structure is more horizontal in terms of task delegation and employee job roles. This can be seen through its various departments, units and resource divisions where there is a certain â€Å"overlap† in terms of authority, operatio nal guidelines and shared practices. Also, the main â€Å"luxury† so to speak for banks is that they can often hire and then train personnel and place them into particular positions. This means that they can source potential employees from a vast pool of potential candidates whereas police departments, with their clear emphasis on rank, cannot practice the same human resource development strategy and have to rely on a limited pool of candidates who have the correct rank despite other candidates showing a greater deal of aptitude and skill for a particular position. Thus, when it comes to human resource planning the main difference is that placement for local police departments is usually based on achieved rank regardless of skill whereas for an international bank hiring practices are based on perceived skill and capacity to do a job regardless of what sort of â€Å"rank† they used to have. Another difference between the two organizations comes in the amount of personne l needed.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More For large international banks, it is normally the case that they would need substantial amounts of personnel in order to keep operations running while the amount of personnel needed for a local police department is usually much smaller. Police departments can usually source personnel from local residents or through graduates of a police academy that is nearby whereas international banks have to take into consideration international locations and source personnel from a wide array of countries. There are also skill specializations that need to be taken into consideration wherein banks often need a more diverse array of employees with skill specializations (i.e. business development, accountancy, customer service, etc.) as compared to a police department that does not have the need to specialize in as many different kinds of operations. The last, and certainly one of the most important differences between the two organizations, is the fact that police departments have two classificati ons of personnel (i.e. civilian and police officer) whereas banks have just one (i.e. an employee). The reason behind this dual method of employee classification is due to the nature of law enforcement agencies (i.e. enforcing social law and imposing order) resulting in the need for civilians to handle the day to day operations as seen in the case of the HR department of most precincts which are composed of civilian personnel. This, of course, creates a far more distinct human resource planning endeavor as compared to banks since the HR department has to balance the needs of the precinct between its police and civilian personnel whereas a bank just concentrates on its one type of employee classification. Evaluating Recruitment Effectiveness When it comes to evaluating recruitment effectiveness, this can be analyzed through: employee churn rates, proper alignment with job requirement, meeting a company’s hiring goals, and job performance (this can be seen through supervisor re ports). Employee churn rates This term refers to the rate of employees leaving a company versus the amount who enter or stay. Based on the work of Hilditch-Roberts (2012), it was noted that churn rates are often a good indicator of effective recruitment practices since it is the responsibility of the HR department to hire people that they know would be able to stay for a significant period of time within a company (5 years or more). The problem with high churn rates in companies is that this can create severe problems in operational performance given the time needed to hire a new employee, train them to be able to do the job properly, and help them integrate into the company culture (Hilditch-Roberts, 2012). As a result of nonperformance within a specified job role (whether managerial, upper management or lower-tier employee), this limits the capacity of a company to be able to provide services or manufacture products effectively. It is based on this that when examining the effectiv eness of the recruitment methods utilized by an HR department within a company, the employee churn rate would be one of the first indicators of either the presence of good policies in hiring employees that would help to raise the operational performance of a company or the presence of adverse policies that result in employees staying for a relatively short period of time (i.e. 1 year or less) resulting in operational losses. Alignment with Job Requirements Another method of evaluating recruitment effectiveness is to examine whether the individual that was hired has the proper skills and experience that are required by the job. As explained by Blasco Pertold-Gebicka (2013), when it comes to examining the effectiveness of the hiring practices employed by a company, it is necessary to determine whether proper care and attention have been made towards aligning an employee’s skills and capabilities with the requirements of the job. Blasco Pertold-Gebicka (2013) go into more deta il in regard to this perspective by explaining that one of the current practices utilized in most companies has been a form of role integration wherein instead of having two employees doing two different jobs, it is often the case that job roles are combined into a single job to save money on employee salaries and benefits. As a result, job requirements often require a more diverse skill set requiring HR departments to implement more stringent hiring guidelines (Blasco Pertold-Gebicka, 2013). Failure to do so often results in reduced operational effectiveness on the part of the employee, which is an indicator of ineffective recruitment practices. Operational Performance of a Company Another means of determining recruitment effectiveness is by examining the overall operational performance of a company based on the adherence of employees to their performance metrics. Within the past decade, one of the ongoing trends when it comes to measuring employee performance and thus their eligi bility to be promoted to different positions within the company has been through the use of metrics of performance (Carter, 2004). These are often numerical based means of measuring the performance of an employee via the amount of work accomplished within a particular period of time, the number of orders fulfilled, the amount of sales made, etc. Basically, metrics can be thought of as a statistically proven means of determining the â€Å"worth† of an employee based on the level of work they do for the company. Woodka (2011) explains that it is the correlation of employee scores based on their rates of performance with the expected level of operational performance set forth by the company that helps to determine whether the company is performing at an operationally adequate level. If the metrics by which employees are measured show that they are underperforming, then this would reflect on the overall operational performance of the company (Woodka, 2011). If there are low level s of operational performance which can be traced to employee performance and not to external factors (i.e. changes in consumer tastes, natural disasters, etc.), then it can be stated that the recruitment practices that have been implemented within the company are ineffective and need to be changed since the employees that have been hired are not performing at an adequate rate by the company’s standards. Examples of instances where this occurs can be seen in the call center industry and the retail industry wherein the statistical basis between employee performance and their expected output by the standards of the company can be seen more easily. Reference List Blasco, S., Pertold-Gebicka, B. (2013). Employment policies, hiring practices and firm performance. Labour Economics, 2512-24. Carter, M. R. (2004). The ABCs of staffing decisions. Nursing Management, 35(6), 16. Guthrie, J. P., Olian, J. D. (1991). Does context affect staffing decisions? The case of general managers. P ersonnel Psychology, 44(2), 263-292. Hilditch-Roberts, H. (2012). A best practice guide for hiring consultants. Strategic  Direction, 28(3), 3-5. Moeller, M., Harvey, M. (2011). Inpatriate Marketing Managers: Issues Associated with Staffing Global Marketing Positions. Journal Of International Marketing,  19(4), 1-16. Woodka, M. (2011). Staffing solutions. A manager’s guide to labor cost management.  Long-Term Living: For The Continuing Care Professional, 60(8), 24-26. This essay on Hiring an Effective Staffing Manager was written and submitted by user Math1as to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Planning and decision making in management

Planning and decision making in management Planning and decision making are among the most valuable foundations on which businesses and organizations are built. For any organization to succeed in its undertaking, it needs to properly plan for virtually all aspects of its operations. The right decisions have to be made by its managers to see the business through successful operations.Advertising We will write a custom essay sample on Planning and decision making in management specifically for you for only $16.05 $11/page Learn More Since the success of managers is reflected by the welfare of the organizations they manage, it is indubitable that planning and decision making cannot be separated from the practice of management. This paper is a thoughtful reflection of the usefulness of planning and decision making skills, acquired in class, in the practice of management. As an aspiring manager, the ideas I acquired about planning and decision making in organizations will be very useful. This is because t he topic was covered with clear explanations of the usefulness of planning and management in management and it also covered how one can plan well and make right and acceptable decisions. Among the things that will be particularly useful in my life as a manager is the idea that planning and decision making is efficiently done using a bottom-up approach. This is because the use of a bottom-up approach in planning and making of decisions results in decisions that are characterized by sufficient consultation. More importantly, the decisions made using a bottom-up approach are in most cases acceptable to both managers and junior employees (Smith 33). Other issues covered in the topic were equally useful and I am sure I will be applying most of the ideas I got in class, about this topic, in my life as a manager. There are so many new things I learnt about planning and decision making. One of the new things that substantially impressed me is the fact that good managers are able to make dec isions by just listening to their fellow employees (Smith 35). That is, if someone comes with an idea of objection to a given plan, a good manager will listen to him/her and after evaluating the value of the suggestion, approve it or reject it. Since his/her evaluation is assumed to be based on shrewd judgment, the suggestion is, in this case, bound to have a positive effect on the organization. Much of the credit from such success goes to the manager for his/her coordination and leadership skills.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More My realization of the fact that listening to other people’s ideas makes a good manager will be very useful in my life. This is primarily due to the fact that I like putting my ideas across so much that it sometimes interferes with my listening skills. After the course, I am a better manager since I can now start working on my listen ing skills and try to have a positive perspective towards every idea that another person puts across. I now appreciate the fact that to be a good manager, I do not have to do all the thinking and planning work but I should have good evaluation skills for gauging the usefulness of ideas suggested by other people. As it can be deduced from the discussion above, good managerial skills require good planning and decision making. Taking a course that tackles the same is very important since, as students are taught on how to be good planners and decision makers, they are given a chance to evaluate themselves. This is very useful since after evaluating themselves, students are able to perfect their weaknesses as far as planning and decision making is concerned and consequently be good managers. Smith, Jane. Planning and Decision Making. New York. Wadsworth Publishing, 1996. Print.

Voice-overs and Flashback in Film Noir Essay Example | Topics and Well Written Essays - 1000 words

Voice-overs and Flashback in Film Noir - Essay Example One of the stylistic features common to many noir films is the use of extraordinary narrative devices like voice-overs and flashback sequences. These structural elements are included to underscore or otherwise complement thematic elements of the film. Flashbacks too became an effective medium of remembering and recreating the past, another significant activity in psychoanalytic practice. Apart from the psychological dimension, voice-overs could also be used to emphasize the eerie or dark tone of noir films. With the right tone, the narratorial voice could easily intensify the feeling of doom and generally dark settings of the typical noir film. Flashbacks were also useful in creating suspense or experimenting with the narrative flow, allowing for creative use of plot. This paper will seek to further explore the role played by these two specific stylistic devices with reference to three films: Double Indemnity (1944), The Big Sleep (1946) and D.O.A (1950). Double Indemnity has a simil ar opening to D.O.A with the film starting in medias res to reveal a harassed-looking William Neff enter his office room and begin recording his ‘confession’ addressed to Keyes on his Dictaphone.. The confession triggers off the flashback which presumably will explain the events that lead up to the murder that Neff has just confessed to. Interestingly, just a few minutes into this flashback and the confession of Neff also appears as a voice-over superimposed over the past retelling of events. This film employs both devices then, to build-up its atmosphere. The first of the flashbacks serves to describe what can already be seen on the screen, but with added detail like how the room smelled and how the sunlight made the dust visible. More importantly, it allows access to Neff’s mind and his initial impressions of Phyllis Dietrichson. This voice-over and the next also let the audience know the level of engagement with the crime that Neff had at the beginning and how the plan to murder Dietrichson is initiated entirely by his wife. However, the voice-over that marks the return of the narrative from the past back into the present, with Neff still at the Dictaphone, reveals to the audience that Neff too had been thinking about committing murder since as an insurance agent he believes: ‘In this business you can’t sleep for trying to figure out all the tricks they could pull on you.’ Other than tell us about who did what in the murder plot, the voice-overs also give us significant insight into the criminal’s mind – in this case, Walter Neff’s. As said in the introduction, this was a period of great faith in Freudian psychoanalysis and the idea of exploring one’s sub-conscious was quite popular. The Dictaphone-taped ‘confession’ acts as catharsis for expunging guilt. This is especially evident when Walter says that although he knew everything had gone off perfectly he still felt that it co uld all go wrong. He claims to not be able to hear his own footsteps; that he was walking like a ‘dead man.’ This is a classic instance of the psychoanalytic notion of guilt becoming the driving force behind a person’s actions and being the ultimate reason for that person to give himself or herself up. The Big Sleep does not use either voiceovers or flashbacks but there are several silences in the plot where Marlowe is seen tailing or waiting for action to happen, which act as narrative ‘fillers’. Insights into Marlowe’s psyche are not spoken or recounted as clearly as in Double Indemnity but as Marlowe’s character is sketched out to be hard-boiled but honest, what he says in sincerity can be taken by the audience to be true. For instance,

Positive and Negative Impacts on International Business Assignment

Positive and Negative Impacts on International Business - Assignment Example These forces include economics, religion and politics. Globalization can corrode and globalize the characteristics and individualities of a local cluster. Globalization is the scheme of interface among the economies and countries in order to develop and grow the global economy. The term globalization has been increased since the mid of 1980s. In the year 200, the IMF have identified four fundamental aspects of globalization, such as dissemination of Knowledge, Trade and Transactions, migration and movement of human beings and capital and investment movements. Moreover, several environment challenges like, cross-boundary air and water pollution, climate change, and over fishing is directly and indirectly linked with globalization. Globalization has able to influence and strengthen the power of several intuitions, such as World Bank, International Monetary fund and World Trade Organization. The global business outsourcing has significantly increased due to the globalization. Several co untries face challenges as they tend to maximize positive outcomes from globalization. They did not bother about the minimization of necessary elements. Due to globalization, the control of consumers over the suppliers from other foreign countries gets weaker. Multinational A multinational corporation is a corporation, which is registered in more than the host country. The multinational corporations both manufacture and sell products and services in various countries (Gitman and McDanniel, 2008, p.52). Moreover, the multinational corporations have business operations in more than one country. The first ever multinational corporation was the East India Company. These multinational corporations play an important role in globalization. Business practices of multinational corporations in several countries can overcome the unemployment problem of the nation. Moreover, it helps to increase the GDP growth rate of a country. Multinational corporations can have exerted controversial politica l and economic power in some countries. As a result, critics have viewed these multinational corporations distrustfully and sometimes seek to have host countries inflict restrictions on them. Accountability is also a challenge for Multinational Corporation. These organizations’ annual revenue over and over again exceeds the Gross Domestic Product of several developing countries. It will affect the financial and economic structure of a country. Glocalization Glocalization is a combination of both the terms globalization and localization. It is a business terminology for the adoption of goods and services to each culture and locality in which it used to sell. This term and process is very much similar to internationalization. This term was first introduced in late 1980 in global market. The increasing restaurant chains in global market is an example of globalization, but the change of menus in several countries in order to attract the people of particular countries is an exampl e of Glocalization (Hesselbach, J., 2011, p.2). Organizations, individuals and households are trying to maintain the social networks that used to combine the long-distance and local interactions. The declaration of particular locality, such as a state or a city or a town is used to consider as a world territory, with rights and responsibilities on a global scale. Before