The Crisis Of The Global Economy Essay - 2016 Words

The Banking crisis began in 2007 and despite the efforts of the central banks and regulators to restore calm, it continued and gathered intensity for a further year. By the end of 2008 and early 2009 the financial system and the global economy appeared to be locked in a descending spiral and the prevention of a prolonged downturn became the primary focus on government policy. This was a global crisis with many countries suffering a drop in GDP, negative growth, bankrupted businesses and banks and thus high unemployment rates. This crisis was a systematic failure in which many problems led to an eventual meltdown of the global economy. But how did the UK manage this crisis and what policies are we using in the current macroeconomic environment where there is so much uncertainty surrounding the UK EU referendum and the current election of President Donald Trump. As the financial crisis intensified the government sought to use a mix of monetary and fiscal policies in order to keep inflation around 2% and maintain positive economic growth. Monetary policy aims to control the money supply through the central bank interest rate. Fiscal policy is the way in which a government adjusts its spending levels and tax rates to change the level of output in an economy. Both policies effects can be shown using a IS-LM diagram. Figure 1 IS-LM Model The IS/LM model, shows the relationship between interest rates and real output in the money market and goods services market. WhenShow MoreRelatedGlobal Economy : Global Economic Crisis1249 Words   |  5 PagesGlobal Economic Crisis Introduction Trade among countries has been an important accelerator of economic growth. It has created employment opportunities for many people in the world. However, due to this trade-like financial openness the economy is exposed to external shocks. In 2008, the U.S.-originated financial turmoil threatened the global capitalist system. All countries in the world were affected. The repercussions of the turmoil widespread around the globe resulted in various issues in theRead MoreFinancial Crisis And Global Economy933 Words   |  4 PagesCompanies are facing a highly uncertain environment due to financial-crisis and global economy. Regardless high-competitiveness markets, organizations foresee as a priority become an intelligent enterprise leveraging people, process, data and technology through establishing strategic plans. The strategic planning is a complex process of collectivity efforts between executives, middle managers and employees. Organizations endure several factors during this practice depending of the maturity lifeRead MoreGlobal Financial Crisis And Its Effects On The Global Economy1900 Words   |  8 PagesIntroduction The global financial crisis had a profound on the financial markets leading to recession in a majority of advanced economies and massive growth declines emerging and developing economies. A financial crisis occurs when disruption increases asymmetric information in the financial system affecting efficient channeling of funds (Mishkin Eakins, 2012). The information asymmetry disrupts the transmission of funds from savers to productive investments and households. The profound natureRead MoreThe Global Financial Crisis And The Macro Economy1511 Words   |  7 PagesIntroduction The global financial crisis has attracted considerable attention in recent literature. It is well known that the true origins of this financial crisis is that the over-borrowing of US households, especially to finance housing. It had serious affected the financial sector and the macro-economy. According to Shiller (2007), the main reason of the sub-prime mortgage crisis and the worldwide economic and financial crisis of 2007-2009 is the housing bubble. He also believes that the precedingRead MoreThe Effects Of Global Finance Crisis On Brazils Economy2567 Words   |  11 PagesThe Effects of Global Finance Crisis 2008-2009 on Brazil’s Economy While researching written articles about the effects of global finance crisis 2008-2009 on Brazil’s economy, I found numerous financial researchers that had published documentations in reference to the impact on the Brazil economy. In addition, the banks and government interactions to the global finance crisis 2008-2009, particularly research papers, financial journals, newspapers, pamphlets, and brochures. The Brazil government policiesRead MoreThe Global Financial Crisis Hits The World Economy2301 Words   |  10 PagesGoing global was common for almost every company out there, until the year 2008 when the global financial crisis hits the world’s economy. The global economy since then entered into a new phase of globalization, known as ‘guarded globalization’. Developing nations began defending their local industry, and became more cautious when allowing multinational companies to operate in its soil (Bremmer 2014). They heightened their national securit y, recognizing the importance of more sectors and taking measurementsRead MoreGlobal Economy Is Finally Stabilizing Following The Global Financial Crisis And Great Recession1084 Words   |  5 PagesThe global economy is finally stabilizing following the global financial crisis and Great Recession. Our base-case outlook for average annual real growth between 2015 and 2020 is between 3 and 4 percent Lower global commodity prices are an important factor supporting stronger economic growth. Although economies that are dependent on commodity exports may suffer, lower input prices for industry as well as lower fuel prices for households will provide a boost to aggregate demand and global growth.Read MoreHow The Financial Crisis Has Significant Influence On The Global Economy1348 Words   |  6 Pages The financial crisis had significant influence on the global economy in 2008. China is a typical example in economic shock. For example, financial crisis affect the economy of China’s coastal areas badly, causing many businesses closed down. In the meantime, the credit crisis broke out due to the fact that the large number of using credit card is beyond the self-repayable ability, thereby formingRead MoreThe Big Picture By Award Winning Authors That Offer Great Insight Into Th e Reason Behind The Global Economy Crisis1402 Words   |  6 PagesThe Big Picture is a book by award-winning authors that offer great insight into the reason behind the global economy crisis. The book offers insight into the ways in which one can navigate their way into being successful economists where competition is stiff and the uncertainty of what the market could be tomorrow are a serious challenge. The authors give a clear pathway on how consumers, businessmen, federal reserves and the governments should take account of what is happening about them in orderRead MoreEurozone1735 Words   |  7 PagesOn November 1, 1993 the fate of our economy was decided. After one half of a century of waiting, the Eurozone came to a solemn existence. The once great powers of the world, the European nations, had completed a risky, and perhaps foolish, task. The world’s first regional economic system was successfully created. Now, almost two decades later, the world’s economies are on the verge of collapse, and it seems that no economy, other than the Eurozone, is at fault, due to its recent and quite careless

The Big Five Personality Traits Essay - 1076 Words

The personality trait that I chose is one of the big five personality traits known as Extraversion. Extraversion is a trait, within the factor called plasticity, which relates to individuals who are social and outgoing. More specifically, they like a lot of various stimulation, it comes of no surprise that these individuals seek out people, activities and noisy places. These individuals can seek excitement; they are impulsive, risk taking, argumentative and unreliable, while also upbeat, optimistic, warm, assertive, and like to be active. As well, extroverts tend to be viewed as more attractive and popular than introverts are, and can be seen attending more parties and drinking in excess. The individual that I will address is, Hank Moody, the main character on the T.V. show Californiacation. Hank approaches life in a satirical manner, making everything into his own little joke, making life seem less serious. Hank is seen as a popular, enthusiastic, assertive, dominant and attractive woman admirer, having a way with his words, which is related to his career as a writer. His charming and warm approach also makes him successful with so many women. Hank constantly seeks out attention and stimulating situations, whether it be fights, or making his presence known in a room. He becomes victim to mate poaching at parties, and when things finally look good for him and his ex, he gets swept up by other women and loses the momentum he builds. In the show, Hank is always friending newShow MoreRelatedThe Big Five Personality Traits867 Words   |  4 Pages Of the Big Five personality traits, I scored highest on neuroticism. I compared myself to my friend. My friend scored highest on extraversion. I scored lowest on extraversion, whereas my friend scored lowest on agreeableness. I was somewhat surprised at my results that my friend received. However, I was not surprised by my results. I am a typically anxious person, so I knew I would probably score high on neuroticism. However, I thought my friend would score higher on agreeableness. I don’t agreeRead MorePersonality Traits Of The Big Five915 Words   |  4 PagesAs we all know, humans come in all shapes, sizes, and personalities. A big part of being an adult is entering the work field and finding a career. That’s where the â€Å"Big five† personality traits come in. The five traits that most employers base their tests off of are; neuroticism, extroversion, agreeableness, conscientiousness, and openness to experience. So the next time you take a pretest for employment would these would be good to keep in mind. Especially when determining if you’re a good fit forRead MoreThe Big Five Personality Traits1020 Words   |  5 PagesThe Big Five Personality Traits Kelly Wilson Benedictine University Organizational Behavior MGT 320-D2A5 Teresa Pavone November 06, 2015 The Big Five Personality Traits Personality traits reflect people’s characteristic patterns of thoughts, feelings, and behaviors. Motivation is a factor that is highly dependent upon personality and because of this, managers must be able to recognize and respond to the different traits. Personality has been studied extensively throughout the years andRead MoreBig Five Personality Traits808 Words   |  4 PagesBig five model †¢ Lewis goldberg proposed a five dimension personality model , nicknamed the big five /five factor theory. †¢ The Big Five model is a comprehensive, empirical, data-driven research finding. †¢ In psychology, the Big Five factors (Five Factor Model) of personality are five broad domains or dimensions of personality which are used to describe human personality. Big five factors are †¢ Factor I: Extraversion. †¢ Factor II: Agreeableness. †¢ Factor III:Read MorePersonality Traits Of The Big Five925 Words   |  4 PagesOne main goal of psychology has been established a model to describe and understand human personality. The five-factor model of personality is the most widely used model in describing personality types. The components of the Big Five are extraversion, openness, agreeableness, conscientiousness, and neuroticism. Each of these components have personality traits that are associated with them. Extraversion refers to the degree in which a person is active, energetic, talkative, and assertive. OpennessRead MoreBig five Personality Traits7561 Words   |  31 Pages------------------------------------------------- Big Five personality traits From Wikipedia, the free encyclopedia In  psychology, the  Big Five personality traits  are five broad domains or dimensions of  personality  that are used to describe human personality. The theory based on the Big Five factors is called the  Five Factor Model  (FFM)[1]  The Big Five factors are  openness,  conscientiousness,  extraversion,  agreeableness, and  neuroticism. The Big five has been preferably used, since it is able to measure different traits in personality withoutRead MoreThe Big Five Personality Traits Essay1617 Words   |  7 PagesIntroduction: The â€Å"Big Five personality traits† is also called as the FFM or five factor model which is a model formed on general language descriptors of personality. These descriptors are formed jointly utilizing a statistical method known as factor analysis which is stated as this model is not formed on the tests/experiments†. This broadly observed hypothesis recommended 5 wide dimensions, utilized by few psychologists to explain the psyche the personality of the human. These 5 elements are explainedRead MoreEssay on The Big Five Personality Traits997 Words   |  4 PagesReaction Paper #1 The â€Å"Big Five† Personality Traits Throughout our lives, we, as humans, encounter others that we may either have an immediate connection with, must discover more about the individual to determine the relevant connection, or simply, we just cannot manage to maintain a cordial relationship. What determines whether or not we can get along with someone else is defined by an individual’s personality. A personality is an array of â€Å"psychological† characteristics that makes each personRead MoreEssay THE BIG FIVE PERSONALITY TRAITS1629 Words   |  7 Pages The Personality Traits of a Manager Amelia Martin MOD 310: Issues in Management Week 5 September 17, 2014 A person’s personality trait can define who they are. Some can tell these traits by the way a person reacts to certain situations, personal or on the job. A person develop traits from the way they were raised and the environment that surrounded them. Everyone carries some type of personality trait, but no one carries any that are identical. Managers have personality traits just likeRead MoreBig Five Theory Of Personality Traits955 Words   |  4 PagesAmong the many established trait theories, the most widely known and used is the Big Five Theory of Personality Traits. It is a five-factor model composed of the broad personality traits of openness to experience, conscientiousness, extraversion, agreeableness and neuroticism. There are a variety of ways to assess one’s broad dimensions of personality in these five categories. One of which is Psych Central’s personality assessment that consists of fifty questions in which there is a statement of

Essay On Responsibility In An Inspector Calls Example For Students

Essay On Responsibility In An Inspector Calls The following essay will question who the enigmatic inspector is and how J.B Priestly the social critic, incorporates dramatically effective devices into the play. I would like to begin the essay with some background information about priestly and why it is he decided to write this play.  John Boynton Priestly was a socialist writer who used an inspector calls to convey his message of equality among all the classes; he had strong political views and was concerned about the inequality between different statuses in society. Social Darwinism was widely practised all over the country and he felt it was wrong and unjustified. He was so concerned that he, along with others, set up a new political party called the commonwealth party. Priestly was a strong believer that future conflicts could only be avoided by mutual respect and understanding between the countries. Consequently, he became an active member of the early movement of the United Nations. The play was written during the Edwardian era, also known as Belle poque -meaning beautiful era, when the British class system was at its most rigid. Coincidentally, it was at this time that socialism was beginning its rise which bought to attention the conditions of the poor and the status of women. It may have been due to Priestleys potent socialist beliefs that the distinctions in class were given in such detail in the play. Moreover, writing it in 1945 but setting in 1912 meant that he could use gender and class as two controversial themes within the play. This enabled him to express a portrayal of what society was like before two wars had passed. Therefore, not only could he incorporate dramatic irony but also create characters that were flawed through ignorance of what the future holds, the titanic- she sails next week and is absolutely unsinkable. It is also due to the variation in time that he allowed the audience to know that the status quo had changed, thus ensuring that spectators felt more involved by possessing information the characters do not. Armed with hindsight, the audience can now see through faades, disprove predictions and realise that some characters are flawed from the very beginning of the play, youll hear some people say that war is inevitable, to that I say- fiddlesticks.  I have already established that Priestleys own political opinions have influenced the play, and so I feel it would also be plausible for me to believe that the fictitious city of Brumley may have been influenced by the Northern City of Bradford where Priestley grew up. An industrial city in the North Midlands. Considering that Priestly has influenced the play with his views and memories, he may have also used other sources to inspire his plot, like using the name Eva Smith as the victim of the play. Could this character have been based upon Eve, the first women god created? If so, then Priestleys intention may have used her to represent all of the women in her class, or it may have been another ploy to incorporate irony by not only using a woman as the victim, but using a woman who gave into temptation. Another interesting dramatic device may well be the recurrence of the message of unity within community. Throughout the play Priestly emphasizes the importance of interdependence in society we do not live alone; we are members of one body. We are responsible fore each other. I feel this is another message to urge the audience to understand what the end of a war had taught them. It may have been intended as a warning of what the refusal of learning from our mistakes would prevent. .u46a6a332186da8af2b870bf4ceb86e77 , .u46a6a332186da8af2b870bf4ceb86e77 .postImageUrl , .u46a6a332186da8af2b870bf4ceb86e77 .centered-text-area { min-height: 80px; position: relative; } .u46a6a332186da8af2b870bf4ceb86e77 , .u46a6a332186da8af2b870bf4ceb86e77:hover , .u46a6a332186da8af2b870bf4ceb86e77:visited , .u46a6a332186da8af2b870bf4ceb86e77:active { border:0!important; } .u46a6a332186da8af2b870bf4ceb86e77 .clearfix:after { content: ""; display: table; clear: both; } .u46a6a332186da8af2b870bf4ceb86e77 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u46a6a332186da8af2b870bf4ceb86e77:active , .u46a6a332186da8af2b870bf4ceb86e77:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u46a6a332186da8af2b870bf4ceb86e77 .centered-text-area { width: 100%; position: relative ; } .u46a6a332186da8af2b870bf4ceb86e77 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u46a6a332186da8af2b870bf4ceb86e77 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u46a6a332186da8af2b870bf4ceb86e77 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u46a6a332186da8af2b870bf4ceb86e77:hover .ctaButton { background-color: #34495E!important; } .u46a6a332186da8af2b870bf4ceb86e77 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u46a6a332186da8af2b870bf4ceb86e77 .u46a6a332186da8af2b870bf4ceb86e77-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u46a6a332186da8af2b870bf4ceb86e77:after { content: ""; display: block; clear: both; } READ: Final act dramatically effective EssayLearning is a key theme of the play as the plot evolves in the sense that it is continuous and grows from ignorance and arrogance to realisation and shame. The way in which this is achieved is that the play progresses by everything taking place within the same day, during the same time frame and conforms to the same plot. A continuous plot also means that not too much attention is diverged from the message that the play is trying to convey. This structure could be regarded as dramatically ironic because as the plot progresses, the tension builds which all leads up to the inspector final speech. From the very beginning of the play we can see that the Birlings are members of the upper class as the stage direction include a maid. We can also see that Gerald is of a high status too, as his mother and father have the title; Sir and Lady Croft. It is also noted in the stage directions that Mrs Birling is socially superior to her husband so it becomes evident that status can be changed through marriage. The stage is naturalistic as Birling is enjoying a meal with his soon-to-be son in law Gerald Croft and his family. The atmosphere is calm and serene although there is a hint of hostility as Geralds parents are not present at the engagement meal. When I say that the stage is naturalistic I implied that everything is very typical, the Birling household is a representation of what the ordinary middle class family of that era would look like substantial and heavily comfortable.

Ethical Communication and Team Work †Free Samples for Students

Question: Discuss about the Ethical Communication and Team Work. Answer: Ethical Communication and Team Work In an organization, it is very essential for individuals to work in a team. Two or more people working on a task can any day perform it better than one person doing it entirely on his own. The complex tasks in an organization need expertise of various people to bring out the best result. However, lack of effective communication between all the team members can prove to be harmful for the team, thus affecting the results delivered by them as a team. A well coordinated team can take an organization to greater heights while the one which lacks coordination can bring it down. So it becomes very essential to understand the factors affecting the effectiveness of the team. In order to do so, we need to understand various concepts such as teamwork, factors responsible for its effectiveness, team performance and communication its ethics. After understanding the concepts, we would be able to understand how these are related to one another (Garcia-Calvo et al. 2014). Communication amongst the team members is a major factor affecting its effectiveness. Intra-team communication also forms an important aspect of organizational behaviour. In second section, the same would be elaborated. In the last section, we would link team work, communication and its ethics to understand how the latter two affect the former. For effective communication, it is essential for it to be ethical at all the levels i.e. Individual and Group level. Further for team to work effectively and efficiently, it is very essential for all team members to communicate effectively. So, all three factors are linked and affect each other in an organization. Thus, it is very essential for an organization to establish good working environment and healthy relationship amongst its employees. Also every individual should constantly work towards developing the skill of ethical communication. To understand the relation between Teamwork, Communication and Ethics, we need to first understand the concept of Team Work, Team Effectiveness, Team Communication and Communication Ethics. After understanding these concepts, it would be easier to understand their inter-dependence on each other. Teamwork is a process that allows people to achieve special goals. A team has a common goal for which its members develop effective relationships to achieve those goals. Teamwork is individuals working together to achieve common team goals by sharing knowledge and skills. Successful teamwork depends upon coordination between all team members where they are willing to work together to promote a positive team environment. Factors affecting team work are members commitment to the team success; inter dependence of members, inter personal relationships, ethical communication. Team effectiveness is the capacity/ability of the team as a whole to achieve the task assigned to them. According to Hackman (2012), team effectiveness is defined with the help of three criteria- Outputi.e. the work delivered by the team should be as per or better than the expected outcome, Social Processes the process of achieving the task should enhance teams ability to work together in the future and Learning the members should learn to amalgamate their personal targets with that of the group. In order to evaluate team effectiveness, the factors to be assessed are the final outcome of the team work and the intra group processes. Intra group processes which are examined are Intra Group conflict, Team Cohesion and Team efficacy. Intra Group conflict can be conflict in interpersonal relationship between members and/or the conflict is task where in different members can have different opinion about a method relating to the completion of task. Team Cohesion is the extent to which each member of a team is willing to contribute in the team. Cohesiveness is usually developed over a period of time with development of interpersonal relationships and sense of belonging in the group/team. Team efficacy refers to the perception of the members towards the entire team as a whole. This can help team stand strong even while faced with hardships. Team communication is broadly defined as exchange of meaningful information between two people/members in context to the team. It is the way members identify, collect, discuss, analyse, and evaluate the information they have in order to take decision and to complete the task at hand. All team members need to interact and exchange information with one another to achieve their target. For making decision within the team, effective communication is one of the most important factors to decide the success of the particular decision. Communication is the integral part of teamwork through which critical information can be pooled and errors can be identified (Bove?e and Thill, 2012) (West, 2012) (Hackman, 2012) Now, it is important to understand why effective communication is an important part of team work. It is evident that the teams are formed so that more than two people can work on a common task bringing together their expertise to minimize cost and time taken to do the same task if done by single person. Working as a team in an organization has many benefits such as developing interpersonal relationships, sense of group achievement and sharing of ones responsibilities. However, teamwork may also cause stress and anxiety amongst the members due to poor communication. Effective communication can reduce much of such stress and negativity associated with working in a team. Employees should be motivated to communicate with each other in clear manner. Especially in small companies where employees need to work closely with one another. For effective communication within the team every team member should keep an open mind, be an effective listener and have a thorough understanding of team goa ls and requirements. The most important factor of effective communication is active listening. Active listening involves making notes of the details being delivered, and putting forward questions in case of confusions. Effective communication can lead to the success or failure of tasks requiring teamwork, and sometimes of the entire business itself. Team member who keep an open mind and dont assume things further ask questions build faith and sense of belongingness in the work environment. Teammates must develop trust, since it is not automatic. Accordingly, members must communicate more openly than they normally would in everyday life. The team members should be honest with each other at all the times, since teams integrity can be damaged by withholding the truth. All the essential information should be shared between the team members who would lead to total trust amongst all of them. With Effective communication, teams can achieve their target faster and sometimes achieve more than the expectation. Ac curacy of the work being done is also increased. Effective communication gives role clarity to each and every team member which results in lesser cost being incurred due to non duplicity of work. There are varieties of ways in which team members communicate with one another. Types of communications include e-mail, letter writing, phone conversation and face-to-face communication. Each method has its own rules, advantages and disadvantages. But with appropriate training every employee can learn how to use each method of communication effectively. Teams which fail to communicate effectively ends up wasting time, money and energy doing irrelevant work which might not be required, or there can be duplicity in the job due to lack of understanding of the role and job being assigned to the members. The employees can also develop misunderstandings which would affect the overall health of the organization. Team members not open to effective communication in the team, not only fail to achieve group goals but also their personal goals as they are not open to the suggestions and feedback of other team members which reduces their self growth as well. It is imperative on the part of managers to identify the signs of poor communication in a team. Slow problem solving and inability to report on deadline are few signs of poor communication in the team. Communication skills are also needed to find the balance between time taken to decide on the strategy and to implement the same. If the team is spending majority of time contemplating the strategies and has no or little time left to implement it, the communication in the team is thus ineffective. No clear focus and direction, tension amongst team members and regular arguments are other signs of poor communication in the team. In such a case it is essential for management to take steps to help employees make better teams through training and other activities, for better organizational productivity and revenue generation. (Guffey and Loewy, 2012) (West and Turner, 2013) Communication, in a large way can be affected by various factors such as morals and values of the member communicating. Here comes the importance of ethical communication in the team. For team to work effectively it is essential that no member should practise unethical communications. Ethical communication involves conveying the point to the audience/team members without offending them, maintaining same wavelength with all the members so that everybody feels equally responsible and important in the team, not withholding crucial information so that appropriate decisions are made, well organized value system so that each employee respects fellow members and accuracy of the information is very important (Raman and Sing, 2013) There are various factors influencing Ethical Communication such as Ethical Decision of Speaking up or Staying Quiet. Sometimes for ones own advantage, the member of the team may decide to either speak up something that was supposed to be insiders information or stay quite in the dilemma that speaking up would impact him in a negative way. Another such factor is where the communication is taking place. If the communication is meant to be a secret within the team or organization, and some irrelevant person or competitor overhears it, the loss of information can cause losses to the organization. So it is very crucial to take care of Who, When, What and Where of the communication. Also there are various dilemmas governing ethical communication such as secrecy of the information, excess of which can lead to lack of innovation in decision making and excess it can be misleading and treated as casual communication. Information Leak is another such challenge wherein it becomes, which can lea d to failure of plans, increased cost of altering plans and/or implementing new ones altogether. Another challenge faced in communication is that of Rumours and Gossips, due to which some people in the team may feel less motivated or cheated and thus reduce their productivity (Guffey, Rogin and Rhodes 2012) Lying and Euphemism are also communication challenges faced in a group. By lying, one member takes away the right of truth of all the other members and this can lead to inappropriate decision making, which might benefit the one lying but can harm the entire group. Similarly Euphemism can influence the decision made by one member to complete his task which would eventually lead to loss of entire team. Every team member needs to understand the importance of ethical communication and should try to not deviate from the same (Hybels and Weaver 2015) Reviewing the literature of Ethical Communication, Communication in Team Work and its importance in Team Effectiveness, one can relate that the three factors co-exist with one another. In a team it is very essential for each and every member to communicate one another effectively. Communication however does not mean gossiping and irrelevant talking. Communication here means exchange of ideas, suggestions, important information relating to the project, decisions being made, and implementing and discussing various possible plans of actions (Braun 2013). For a team to achieve its target effectively, it is essential that every person should develop sense of ethical communication and refrain from indulging in spreading rumours and gossiping, lying to other members, holding a secret for self benefit, talking about teams plans at inappropriate place and in front of irrelevant people. For the communication to be effective enough to improve team work and effectiveness, every employee should be motivated to interact and discuss with each other, avoiding conflicts of thoughts and interests. Through ethical communication, the negative feelings like jealousy, hatred, incompetency etc can be avoided amongst the group member. It is the responsibility of the leader of the group to ensure trust and harmony amongst the members. If all these factors are sorted and the communication in the team is effective, then the team can succeed in achieving its target effectively and efficiently. Whereas in the team where people do not communicate with each oth er, follow unethical ways of communication, aim to achieve only personal goals and lack group harmony, it is almost impossible for such team to achieve its set targets in time. Thus, ethical communication is very essential for team to work and achieve its target efficiently and effectively. In every organization, there are various teams and every team is created to achieve a set target. In a team there are typically more than two members, who can be of same department or of different departments who have come together to achieve common organizational goal. So it becomes essential for these diverse people to communicate in order to pool their expertise. Lack of which can cause ineffectiveness of the group as a whole. The success of an organization broadly depends on how its employees can perform as a team. To understand the aspects of communication in team work, we review various definitions and factors that affect communication. We have understood various dynamics relating to Team Work such as Team Effectiveness, Team Performance, Team Cohesion and Team Communication. All these factors affect the overall working of a team. Narrowing our focus to Team Communication, which affects the various decisions made in the group and the flow of information. It is highly affected b y factors such as morals and values of the member communicating. Every person has a different background and it is important for them to understand that at a professional platform one has to keep in mind the ethics of team communication and try sticking to them for the good of entire team. Ethical communication involves conveying the point to the audience/team members without offending them, maintaining same wavelength with all the members, not withholding crucial information from the team, refraining from lying and euphemism, not leaking information and cheating other team members, not indulging in gossips etc. For a team to perform effectively it becomes essential that its members trust each other, are open minded and are focused to the team goal. They communicate with each in most ethic manner and there shall be transparency and harmony in the group. (Thill and Bove?e, 2012) References Bove?e, C. and Thill, J., 2012.Business communication today. 1st ed. India: Pearson Education India. Braun, S., Peus, C., Weisweiler, S. and Frey, D., 2013. Transformational leadership, job satisfaction, and team performance: A multilevel mediation model of trust.The Leadership Quarterly,24(1), pp.270-283. 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