Which Of Adam Smith’s Quotations Most Closely Relates To Leadership In Your Work Organization? Mba Program Essay

903 words - 4 pages

MBA 660: Economics Past, Present, and Future
Week 4 Paper- Mini Essay
Which Of Adam Smith’s Quotations Most Closely Relates To Leadership In Your Work Organization?
By: Dan Barden
Dan Barden is a student in Saint Joseph’s College MBA Program.
For my essay I have decided to use two of Adam Smith’s quotes to illustrate how the leadership in my office works. The first one I chose is “in general, if any branch of trade, or any division of labour, be advantageous to the public, the freer and more general the competition, it will always be the more so.” (Smith, The Wealth Of Nations, Book II, Chapter II, p.329, para. 106.) Many people might think of competition as a fact of life, in which, it truly is. But Adam Smith also views it as a symbol of all that is noble and admirable about human existence. He also believes that nothing contributes more to human happiness than competition, because competition causes all of us to raise our game and be better. In other words, competition gives us access to better products and services for cheaper prices because the folks producing these things are always trying to outdo each other. There is almost no part of life (in Smith's theories) that can't be improved by competition. For example, in banking where Smith thinks that "free competition too obliges all bankers to be more liberal in their dealings with their customers, lest their rivals should carry them away" (Smith, The Wealth Of Nations, 1976) So laymen’s terms, you have a much better opportunity to qualify for a bank loan if more bankers are competing with each other to keep you satisfied. In my job as an insurance broker, it is all about competition in the marketplace. If competition were not such a vital factor in the business then my job would not exist. The leadership in my organization has taught me to use my market acumen, utilize my relationships with fellow brokers and underwriters, and use my drive to not stop at good and strive for greatness for my clients.
The next quotation I decided to use is “Without the assistance and co-operation of many thousands, the very meanest person in a civilized country could not be provided, even according to, what we very falsely imagine, the easy and simple manner in which he is commonly accommodated.” The quote apprehends Smith's account of the complexity and scope of the division of labor, and its aptitude to upsurge the standard of living in a given society. Smith believes that the propensity to truck, barter and exchange is part of human nature, and it is precisely this capacity that best organizes the economic system in large scale societies. The cooperation of the many thousan...


Importance of Leadership in Merger and acquisition - MBA - Discussion Board

1161 words - 5 pages Importance of Leadership in Merger and acquisition Leadership vs Management: Leadership and management tend to work together like a glove and a hand. Management and leadership are not the same approach, but they complement each other and can be linked together. Both roles are vital parts of an organization.  Managers achieve the desired goals through the key functions of planning and budgeting, organizing and staffing, problem solving and

the heart is one of the most import thing in your body. - health - essay

457 words - 2 pages Heart Essay (Oxygenation) The heart is your most vital organ and its main job is to pump blood throughout your body. The heart’s job is to replace deoxygenated blood for oxygenated blood. This is a very complicated process that has many pieces working together simultaneously. Starting with deoxygenated blood in the superior vena cava going all the way to the aorta I will begin to illustrate how the oxygenation process occurs. The start of the

Leadership strengths for graudate school - MBA - Essay

1963 words - 8 pages management skills I will gain from my MBA will aid me in creating solutions for Centracare partners and clients. Give an example of how you have demonstrated excellence as a leader and how it impacted the organization? I took leadership positions in a few organizations, and helped others become more involved as well. These positions provided unique opportunities to help the Somali community which ranged from monthly education, toy drive and

Business ethics and how it relates to the work place

290 words - 2 pages , professional and business ethics has been increased. Finally, mass media made possible for society reveal secrets that were kept from public before. The importance of business ethics is like the foundation to your company is you do not have good ethic practicing in the workplace, your production will not me at it maximum and if that's not at its maximum profits wont be neither, same as if you do not have a good foundation to the company may lead to undesirable results. In conclusion ethics of Business is a very necessary thing to establish the way things are done or prepared in a company, how company policies are followed and so forth.

Giving Wings to Your Leadership Style - Management - Essay

1232 words - 5 pages Popper championed a “mistakes-as-learning” style in which errors are not hidden, but rather recognized and studied as opportunities to improve future performance (Peus, p. 21). Gotthold Ephraim Lessing emphasized collaboration, even between members of conflicting groups; Lessing would likely endorse including diverse points of view from diverse employees. Taken together, these underlying theories support a humanistic leadership approach that

Your essay is designed to increase your understanding of nonverbal communication in relationships. - COM3404 - ESSAY

671 words - 3 pages Tammy Castillo For this essay I will be evaluating the nonverbal communication between me and my best friend when we interact with each other. I will be focusing on the oculesics, touch and time of our nonverbal communication. My best friend is known as the outgoing one and I am the shy one. Anytime she meets someone she always gives the person direct eye contact in order to establish a relationship with them and interact with them. Meanwhile, I

Summary of Black Panther and how it relates to the African Diaspora - African American Diaspora - essay

1846 words - 8 pages sustain themselves but also help others that are oppressed around the world, especially people of color? The movie starts out as a recap that shows the five tribes uniting in Wakanda and explaining why they have hidden their secret identity from the world, which is so they can strive and not be affected by outsiders. They also revealed to us this purple glowing flower that gives the Black Panther unlimited strength, and the identity of the Black

Fast food franchise - customer satisfaction - People Leadership Organization - essay

1598 words - 7 pages naturally result in employee experiences. In fact, people are the most crucial factor in the hospitable industry. Human resource has to recruit right people which adapt organization environment and develop guidelines and procedures which orientate right service. The ways to build human capital are training, work – based development opportunities, learning activities outside of work, and career planning McDonald’s thus has strong human capital

Then and Now: The Organization of Singapore’s Social Service Landscape - Post Grad Diploma in Social Work - Assignment

1424 words - 6 pages meals at child-feeding centres, of which the first was set up at Havelock Road. Later, these child-feeding centres evolved into Children Social Centres (CSC) to engage and educate children so that they do not fall into juvenile delinquency (Maisharah, 2008). Till today, feeding schemes such as Willing Hearts’ free meal program are still active in the provision of meals to the underprivileged. Although volunteer-run, the vision of Willing

Essay about who's the protagonist in Julius Caesar (with quotations)

1545 words - 7 pages Petit Edgard Petit Mr. Alain Gauthier EAE4U-01 November 8th 2018 Julius Caesar Essay According to Oxford Dictionaries, an antagonist is a person who actively opposes or is hostile to someone or something. In Williams Shakespeare’s Julius Caesar, Cassius is the main antagonist. He is throughout the play, the one who is the most hostile against the idea of Julius Caesar becoming king of Rome. He is the driving force behind the conspiracy and the

What drove Victor Frankenstein to Create Adam - Mann, Mrs.Moore - Essay

506 words - 3 pages wanted; so he dropped out. After he left, he began thinking more and more of human anatomy, which led him to study human decay and such. Like he had said on page 53, he studied the causes and effects of human decay; staying in vaults and charnel houses days at a time. He also found out how man's "fine form" was treated badly. After all of that he believed that he had figured out the way to reanimate life. So he thought about it for a bit; trying

stereotypes of women in society - leadership - essay

1085 words - 5 pages Aguilar 2 Paulina Aguilar English 1302 Essay Introduction 03-27-2019 “Stereotypes of women in Advertising” This essay will be expressing thoughts about the struggles that women have to go through. Society has always made woman believe that they have to act or look some kind of way to be what is called an “ideal” woman. Since the introduction of advertising, women have been objectified, insulted or degraded. They have made women believe that they

work Essay on how to work in an agency - lv6 - Essay on how to work in an agency

446 words - 2 pages Personal Data Statement I confirm that all the information I have given is correct. I am aware that personal data relating to myself (including, where relevant, sensitive personal data*), whether obtained from myself or from any other source, will be retained by SEMESTER RECRUITMENT ('the Agency') for the purposes of providing temporary work and/or employment opportunities and/or training and/or auditing. I understand and agree that the Agency

How 'Roseanne', the tv show relates to the sociological aspect of women and work. I had to write this for an extra credit paper, it's not great, but it gets the point across

524 words - 3 pages character. She works on and off in a diner and most likelyreceives minimum wage. Whenever she is at work, she is constantly arguingwith her male boss or complaining about something or other. He's a nice guy,but outright says that he doesn't want to know about Roseanne's personalproblems all of the time. He wears a suit and tie whenever he shows anappearance (which is only occasionally) and he is always nicely puttogether, unlike Roseanne and her other

was asked to describe my leadership style while using strengths based finders - usc social work 611 - essay

2774 words - 12 pages Delivery quiz rated me as 35 in Discovery, which rates as moderate to high, and a 33 in Delivery, which rates moderate to low. I would expect discovery to be moderate to high as I enjoy learning and experiencing new cultures, cuisines, and I love to travel. One the biggest leaps of faith I have taken was the Master of Social Work at the University of Southern California. Now that I am nearing the completion of the program, this decision to discover