Gross domestic product (GDP) measures a nation’s economic growth or decline based on productivity and purchases. It can be evaluated on a real or nominal basis, and a GDP price index takes inflation into account. GDP is reported quarterly and can be revised up to two times, impacting how economists determine business cycle shifts. Gross […]
Corporate responsibility programs can be integrated into every area of an organization or as a separate unit. The triple bottom line – people, planet, and profit – should be considered in decision-making. Annual reviews and separate reports document progress. Some companies use sustainability as a marketing tool. Each organization can implement its own corporate responsibility […]
AI approaches can be classified into brain simulation, symbolic and subsymbolic, and statistical. Symbolic approaches include cognitive, logic-based, and knowledge-based intelligence. Subsymbolic approaches include bottom-up and computational intelligence. Integrated approaches combine principles from multiple schools of thought. AI development made major advances in the 1940s but progress was limited until the mid-1950s to early 1960s […]
Companies can choose to invest in workforce development through on-the-job training, apprenticeships, seminars, or reimbursing workers for off-the-job training. The return on investment is a key factor in deciding whether to invest in human capital. Employers may expect workers to continue working for the company after training. Onboarding new hires is also considered a wise […]
The three main means of persuasion in rhetorical approaches are ethos, pathos, and logos, while the three main purposes are legislative, forensic, and ceremonial. Logos uses facts and logic, pathos uses emotions, and ethos involves building credibility. Legislative rhetoric is politically oriented, judicial rhetoric accuses or defends, and ceremonial rhetoric offers blame or praise. Rhetorical […]
Discourse is a formal expression of thought on a particular subject, studied by various disciplines including linguistics, communication studies, literature, philosophy, anthropology, sociology, and neurosciences. Approaches to discourse analysis include speech act theory, which posits that speech creates an action-reaction dynamic between the speaker/writer and the listener/reader. Speech is more than casual conversation or a […]
