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Title
ABC/123 Version X
1
Sample SWOT Analysis
MGT/521 Version 14
1
Sample SWOT AnalysisSWOT Analysis That Might Apply to a
College
SOURCE: Figure 6.2 Kinicki and WilliamsSWOT Analysis
Table (Blank)
S – Strengths
(Internal Strengths)
W – Weaknesses
(Internal Weaknesses)
O – Opportunities
(External Opportunities)
T – Threats
(External Threats)
Copyright © XXXX by University of Phoenix. All rights
reserved.
Copyright © 2017 by University of Phoenix. All rights reserved.
NS-06 Response one
We start out this week watching the great Charles Hill and
Fouad Ajami discuss the struggles the international community
and their governments face with overall support and the rising
“rest”. Charles Hill states it perfectly in the novel, The Syrian
Rebellion, quoting, “the task of reversing Islamic radicalism
and of reforming and strengthening the state across the entire
Muslim world..is the greatest strategic challenge of the twenty-
first century.” This is what our RSO’s face today in national
security policies and cooperation with other nations. Just
following WWI the Middle Eastern region was brought into the
national state system of the already developed world. Military
regimes, hereditary monarchies, autocrats, and dictators all
came into power in this time period within the ME. The rest of
the modern world has been involved with the ME through wars
and challenging diplomacy to make ME states more responsible
for their actions and respectful of their citizens. It is interesting
when Fouad Ajami states that it is important to teach the Arab
World the rules of the Westphalian systems of the West, as this
system is obtained practically worldwide. We must understand
that the rise of the rest, or also the rise of the ME was built on a
different platform than the US or Europe. The history of the
Middle Eastern rulers or leaders were thieves and murders
(Saddam Hussein) according to Fouad Ajami. These were
working government's, yes, but they were not modern
governments, nor is there any history of working democracy
like that of the West. So, we are faced today with rising power
of the “rest”, or according to Zakaria 2013 the global trend and
further evidence that the Middle East is catching up to the rest
of the world. Starting with the Arab Spring and additional
uprisings in Northern Africa lead the rest of the world to see the
new Middle East region that is no longer the playground of the
great powers, as compared to years before. The Wars in Iraq and
Afghanistan have proved to be unaccomplished in the Western
World. We now have the Syrian war and the challenges that this
will pose on future security policies. With the unstable ME,
comes the spread of HIV/AIDS and global warming. According
to Holstine 2017, HIV/AIDS and Global warming are problems
that cannot be solved by the individual efforts of states but must
be addressed and acted upon collectively. Arab petrodollars
control many economies and keep them running, soon these
resources will run dry. This is a major issue that will either
bring the international world together or rip it apart.
Additionally, the effect of the financial crisis has been a lower
growth rate in the Western world and a higher growth rate in
China, while the growth rate in Brazil and India is unchanged
(Zakaria, 2013). Looking into the effects of global warming on
natural resources the international community created the Kyoto
Protocol and is an agreement under which industrialized
countries will reduce their collective emissions of greenhouse
gases by 5.2% compared to the year 1990. We must consider
other rising powers like China and Brazil when measuring the
effectiveness of RSO’s and their commitments to global
warming changes. China, India, and other developing countries
were exempt from the requirements of the Kyoto Protocol
because they were not the main contributors to the greenhouse
gas emissions during the industrialization period that is
believed to be causing today's climate change. This has changed
in recent years because these two countries are some of the top
countries contributing to greenhouse gas emissions. Eventually
petroleum will not be available, as our resources wither away. I
believe that with the declining of natural resources will come
new renewable energy technologies. There will be a massive
demand for these types of productions and will free some of
these countries from the dependency of Arab petrodollars. New
generations, technology, and globalization will help to make
many ME countries into Pro-Westphalian systems.
References
Zakaria, Fareed . "Zakaria sees opportunity for the United
States in ''The Rise of the Rest''." Mario Einaudi Center for
International Studies. 2013. Accessed 2017.
https://edge.apus.edu/access/content/group/security-and-global-
studies-
common/NSEC608/The%20Rise%20of%20the%20Rest_.pdf.
Holstine, Jon. "The Changing Security Environment."
Https://edge.apus.edu. 2017. Accessed 2017.
Uncommon Knowledge with Charles Hill and Fouad Ajami.
Performed by Charles Hill and Fouad Ajami. 2012. Accessed
2017. https://www.youtube.com/watch?v=_bqe60_S1y0.
Response NS-02 ( one page)
Will soft power of Arab petrodollars or other resources
available from Russia and China erode the effectiveness of
RSO's? What might India's position be in this larger picture -
Pro-Westphalian or something else?
My opinion is this is possible in Africa. China is purchasing
many of the mining rights in Africa. The influence of Chinese
funds and a higher standard of living for countries and the
population in Africa could have a negative impact on the
African Union. China is a world power with influence that may
impact a continent that has wide spread corruption – trading of
funds for mining rights.
The majority of the URL pages within the syllabus for week six
have been deleted. There is an HTTP 403, access forbidden
error for the Uncommon Knowledge, Stanford University series
video with Charles Hill and Fouad Ajami. I’m not sure I have
found the correct one on Google. My opinion is this is possible
in Africa. China is purchasing many of the mining rights in
Africa. .
Dr. Zakaria’s address The Rise of the Rest: The Post-American
World address at Cornel University in 2012 discussed the world
since the end of the Cold War and the United States
involvement in the Middle East with the invasion of Iraq and
Afghanistan. Dr. Zakaria stated “that in the last 10 years the
"frozen" system in the Middle East has thawed and the region is
no longer the playground of the great powers, as it had been for
centuries. The United States has lost its appetite for backing
dictators in the Middle East because, "We're broke and are tired
of supporting nation building," and has realized that the cost of
subsidizing these regimes was the violent Islamic opposition
that they spawned.” This premise was echoed by the Uncommon
Knowledge, Stanford University video with Charles Hill and
Fouad Ajami and their discussion of the Obama Administration
and its withdrawal of troops from Afghanistan. The discussion
involved whether the United States government should be
responsible for providing military support for democratic
governments – Japan, South Korea, and Germany that have
developed economies. The general consensus was the United
States government is responsible for providing economic and
military support to those countries that have been invaded for
the foreseeable future. Considering the cost of these wars, the
economic burden is astronomical.
The address was given in 2012 but many of the points made are
well-taken. Dr. Zakaria stated the biggest challenge the United
States faces is economic – providing employment for the
population. The comparison was Apple that employed 80,000
with $63B in revenue and a Taiwanese company that employed
850,000 with $63B in revenue. The United States has provided
employment and a higher standard of living for the populations
of China, Taiwan, and India, but is losing its standard of living.
Dr. Zakaria discussed energy but was unable to predict the
advent of Elon Musk and Tesla and the growth in the research
and development of the lithium ion battery and the sales of
electric vehicles as well as the development of solar storage
cells for homes – partnership of Minnesota Mining and
Manufacturing (3M) and Tesla.
Source URL: http://einaudi.cornell.edu/node/7962
Response one: HUM-06
I have gathered that Adam Smith’s contemporaries accepted
slavery as a given and offered little sympathy toward the
institution. Adam Smith, however, offered great insight into the
construct of slavery. His “invisible hand” theory is the belief
that capitalism, which began by trading and bartering systems,
works out on its own without government interference. Human
nature guides it. In Book III, Chapter I of The Wealth of
Nations, Smith states, “That order of things … is in every
particular country promoted by the natural inclinations of man.”
This is all fine and dandy until one considers how slavery
factors in. Adam Smith is clear. Slavery enabled the white man
to rise in stature and wealth. With this wealth came ownership
of more slaves. This caused the social gap to widen between the
white man and black man as slaves were inevitably treated
worse as the white slave owner got richer. Smith surmised that
free labor would prove to be a better option.
I gained much from reading Spencer Pack’s article, Slavery,
Adam Smith’s Economic Vision and the Invisible Hand. Smith
saw the immorality of slavery and observed how the “invisible
hand” “increased the misery for the poor free citizens as well as
for the slaves themselves.” These poor free citizens had no way
of moving forward and obtaining jobs because the slaves did all
the work. If slavery fed the rich white man, why would the
consequential wealthy class have any need to offer work to
anyone else who needed it? This “invisible hand” pushed the
white man upward while degrading poor men and slaves more
and more. Smith hated slavery, but saw no way of abolishing it
except to plead his case.
Smith’s Lectures on Jurisprudence offer more
concerning his thoughts on slavery. In them he expresses his
theory on man’s “love of domination.” It is for this reason that
human nature would never be able to end slavery all together.
Pack, and Daniel Luban in his article Adam Smith on Vanity,
Domination, and History, both refer to Smith’s “deep
pessimism” regarding the abolition of slavery. In Lectures on
Jurisprudence, Smith states, “this love of domination and
tyrannizing, I say, will make it impossible for the slaves in a
free country to recover their liberty.” I think about the
aftermath of the Civil War. Slavery was abolished, but black
men were not truly free. They remained under the hand of the
white man. As we progress, we are still faced with ugly racism
perpetually nourished by the residual effects of the institution
of slavery.
Response two: HUM-06
I read Adam Smith, I began to really think how in our society,
do we not use others for our own personal gain? We trade with
others to gain something that we cannot create or do ourselves.
Humans tend to focus on their advantages and profit from those
advantages because of specialized workers or products made by
different men.
In Book I, Chapter 2, Adam Smith describes man’s interactions
and reasons for labor. Adam Smith concludes labor ignites
capitalistic ideas due to man’s preoccupation with fulfilling
self-interest. Man, uses trade and a barter system to achieve his
goal and will dedicate his life to do so because it is in his self-
interest.
Smith says self-interest generates labor force and revenue.
“He will be more likely to prevail if he can interest their self-
love in his favour, and shew them that it is for their own
advantage to do for him what he requires of them. Whoever
offers to another a bargain of any kind, proposes to do this.
Give me that which I want, and you shall have this which you
want, is the meaning of every such offer; and it is in this
manner that we obtain from one another the far greater part of
those good offices which we stand in need of. It is not from the
benevolence of the butcher, the brewer, or the baker that we
expect our dinner, but from their regard to their own interest.
We address ourselves, not to their humanity, but to their self-
love, and never talk to them of our own necessities, but of their
advantages” (Smith, I, Ch.2).
In other words, man, needs more than one thing or item to
survive. Due to needing specialized workers and labor forces,
man’s self-interest generates the evolution of capitalism. Men,
use other men or people to their advantage. The more someone
is willing to pay for an item; the more labor, the more products
made. I think back to the slave trade. The more slaves needed
meant more labor, the more labor needed meant more trade and
profit. The owners reaped the advantages, not the slaves.
Self-interest became the root words for labor and capitalism.
Labor and capitalism gain wealth for men and the more
specialized a society becomes. Capitalism determines the
strength or weakness of a society depending on which side one
may support. If you are a business owner, I would imagine you
support capitalism., if you are the laborer, not as much because
you are not profiting as much as the owners of the products. In
the end, self-interest for Adam Smith meant that labor was the
key to opening the door for capitalism which led to the
development of wealth for most men.
Works Cited
Smith, Adam. An Inquiry into the Nature and Causes of the
Wealth of Nations. Trans. Colin Muir and David Widger.
Gutenberg, 2013. 10 September 2017. <An Inquiry into the
Nature and Causes of the
Response three: HUM-06
One of the most impressive aspects of Adam Smith’s An Inquiry
Into the Nature and Causes of the Wealth of Nations is the wide
scope of its content. The sections of the book that are most
commonly discussed and celebrated are those discussing
economics and which deal with the laws of supply and demand,
natural price versus market price, and the various detrimental
effects of regulating markets. However, Wealth of Nations is
also chock-full of history, sociology, and philosophy. For
instance, in Book one, Smith discusses the history of the advent
of money. In Book three, he lays out a sociological theory in
which he traces the progress of civilizations through four
distinct stages (hunters, shepherds, agricultural, and
commercial). And, in Book five, he follows in the footsteps of
philosophers like Hobbes, Locke, and Rousseau by discussing
the responsibilities that the sovereign has to the people (it is
important to remember however, that Smith roundly rejects the
idea of a “social contract”).
It is book five that I personally found most interesting. In book
five, Smith identifies three key responsibilities of the
sovereign; national defense, the dispensation of justice, and the
creation and maintenance of public works and institutions. Of
these three responsibilities, the first is found in the social
contract theories of all three aforementioned philosophers. The
second responsibility is fundamental in Locke and Rousseau’s
theories, but the third seems to me to go above and beyond
Hobbes, Locke, and Rousseau. Of public institutions established
by the sovereign, Smith says, “After the public institutions and
public works necessary for the defence of the society, and for
the administration of justice…the other works and institutions
of this kind are chiefly those for facilitating the commerce of
the society, and those for promoting the instruction of the
people” (5.3). Because Adam Smith is specifically expounding
on the requirements of a “commercial society”, it is not
surprising that he includes the facilitation of commerce as a
major duty of the sovereign. Smith speaks of the necessity for
well-kept roads, canals, turnpikes, and the need to build forts
and create ambassadorships to facilitate foreign trade. What is
perhaps more surprising is Smith’s inclusion of both child and
adult education. The beginning of book one of Wealth of
Nations is primarily devoted to Smith’s ideas on the advantages
that come with the division of labor and the development of
specialization. If one were to read this section alone, one might
get the impression that Smith thought of the specialization of
labor as the sole concern when considering the ways in which a
society might improve the circumstances of individual laborers.
However, his insistence on the need for widespread education
demonstrates that he is not concerned merely with
the individual’s value as a specialized laborer, but also with
the individual’s entire social, intellectual, and spiritual life.
Smith says:
The man whose life is spent in performing a few simple
operations, of which the effects too are, perhaps, always the
same, or very nearly the same, has no occasion to exert his
understanding, or to exercise his invention in finding out
expedients for removing difficulties which never occur. He
naturally loses, therefore, the habit of such exertion, and
generally becomes as stupid and ignorant as it is possible for a
human creature to become. The torpor of this mind renders him,
not only incapable of relishing or bearing a part in any rational
conversation, but of conceiving any generous, noble, or tender
sentiment, and consequently forming any judgment concerning
many of the ordinary duties of private life (5.2).
Smith sees this “torpor of the mind” of individuals as an
inherent danger in advanced commercial societies that must be
counteracted by government. Therefore, Smith argues that “For
a very small expense the public can facilitate, can encourage,
and can impose upon almost the whole body of the people, the
necessity of acquiring those most essential parts of education
[reading, writing, arithmetic]” (5.2). He also insists that public
education focus on those disciplines that he feels will prove
most useful to the people (instead of subjects like Latin or,
worse yet, the semantic and logical contortions of
scholasticism). Though the nation may not necessarily see any
monetary advantages from the education of the people, what it
would gain, according to Smith, is the advantage of a more
rational, more loyal, and even more courageous, populace. One
that would be less vulnerable to factionalism, sensationalism,
sedition, and whose self-respect would in turn engender respect
for others and for authority.
Title
ABC/123 Version X
1
SWOT Analysis
MGT/521 Version 14
1
SWOT Analysis
Interview Questions for Leader/Manager
1. What are some of the internal strengths of your organization?
2. What are some of the internal weaknesses of your
organization?
3. What are some of your organization’s external opportunities?
4. What are some of your organization’s external threats?
Copyright © XXXX by University of Phoenix. All rights
reserved.
Copyright © 2017 by University of Phoenix. All rights reserved.

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TitleABC123 Version X1Sample SWOT AnalysisMGT521 V.docx

  • 1. Title ABC/123 Version X 1 Sample SWOT Analysis MGT/521 Version 14 1 Sample SWOT AnalysisSWOT Analysis That Might Apply to a College SOURCE: Figure 6.2 Kinicki and WilliamsSWOT Analysis Table (Blank) S – Strengths (Internal Strengths) W – Weaknesses (Internal Weaknesses) O – Opportunities (External Opportunities) T – Threats (External Threats) Copyright © XXXX by University of Phoenix. All rights reserved. Copyright © 2017 by University of Phoenix. All rights reserved.
  • 2. NS-06 Response one We start out this week watching the great Charles Hill and Fouad Ajami discuss the struggles the international community and their governments face with overall support and the rising “rest”. Charles Hill states it perfectly in the novel, The Syrian Rebellion, quoting, “the task of reversing Islamic radicalism and of reforming and strengthening the state across the entire Muslim world..is the greatest strategic challenge of the twenty- first century.” This is what our RSO’s face today in national security policies and cooperation with other nations. Just following WWI the Middle Eastern region was brought into the national state system of the already developed world. Military regimes, hereditary monarchies, autocrats, and dictators all came into power in this time period within the ME. The rest of the modern world has been involved with the ME through wars and challenging diplomacy to make ME states more responsible for their actions and respectful of their citizens. It is interesting when Fouad Ajami states that it is important to teach the Arab World the rules of the Westphalian systems of the West, as this system is obtained practically worldwide. We must understand that the rise of the rest, or also the rise of the ME was built on a different platform than the US or Europe. The history of the Middle Eastern rulers or leaders were thieves and murders (Saddam Hussein) according to Fouad Ajami. These were working government's, yes, but they were not modern governments, nor is there any history of working democracy like that of the West. So, we are faced today with rising power of the “rest”, or according to Zakaria 2013 the global trend and further evidence that the Middle East is catching up to the rest of the world. Starting with the Arab Spring and additional uprisings in Northern Africa lead the rest of the world to see the new Middle East region that is no longer the playground of the great powers, as compared to years before. The Wars in Iraq and Afghanistan have proved to be unaccomplished in the Western
  • 3. World. We now have the Syrian war and the challenges that this will pose on future security policies. With the unstable ME, comes the spread of HIV/AIDS and global warming. According to Holstine 2017, HIV/AIDS and Global warming are problems that cannot be solved by the individual efforts of states but must be addressed and acted upon collectively. Arab petrodollars control many economies and keep them running, soon these resources will run dry. This is a major issue that will either bring the international world together or rip it apart. Additionally, the effect of the financial crisis has been a lower growth rate in the Western world and a higher growth rate in China, while the growth rate in Brazil and India is unchanged (Zakaria, 2013). Looking into the effects of global warming on natural resources the international community created the Kyoto Protocol and is an agreement under which industrialized countries will reduce their collective emissions of greenhouse gases by 5.2% compared to the year 1990. We must consider other rising powers like China and Brazil when measuring the effectiveness of RSO’s and their commitments to global warming changes. China, India, and other developing countries were exempt from the requirements of the Kyoto Protocol because they were not the main contributors to the greenhouse gas emissions during the industrialization period that is believed to be causing today's climate change. This has changed in recent years because these two countries are some of the top countries contributing to greenhouse gas emissions. Eventually petroleum will not be available, as our resources wither away. I believe that with the declining of natural resources will come new renewable energy technologies. There will be a massive demand for these types of productions and will free some of these countries from the dependency of Arab petrodollars. New generations, technology, and globalization will help to make many ME countries into Pro-Westphalian systems. References Zakaria, Fareed . "Zakaria sees opportunity for the United
  • 4. States in ''The Rise of the Rest''." Mario Einaudi Center for International Studies. 2013. Accessed 2017. https://edge.apus.edu/access/content/group/security-and-global- studies- common/NSEC608/The%20Rise%20of%20the%20Rest_.pdf. Holstine, Jon. "The Changing Security Environment." Https://edge.apus.edu. 2017. Accessed 2017. Uncommon Knowledge with Charles Hill and Fouad Ajami. Performed by Charles Hill and Fouad Ajami. 2012. Accessed 2017. https://www.youtube.com/watch?v=_bqe60_S1y0. Response NS-02 ( one page) Will soft power of Arab petrodollars or other resources available from Russia and China erode the effectiveness of RSO's? What might India's position be in this larger picture - Pro-Westphalian or something else? My opinion is this is possible in Africa. China is purchasing many of the mining rights in Africa. The influence of Chinese funds and a higher standard of living for countries and the population in Africa could have a negative impact on the African Union. China is a world power with influence that may impact a continent that has wide spread corruption – trading of funds for mining rights. The majority of the URL pages within the syllabus for week six have been deleted. There is an HTTP 403, access forbidden error for the Uncommon Knowledge, Stanford University series video with Charles Hill and Fouad Ajami. I’m not sure I have found the correct one on Google. My opinion is this is possible in Africa. China is purchasing many of the mining rights in Africa. . Dr. Zakaria’s address The Rise of the Rest: The Post-American World address at Cornel University in 2012 discussed the world since the end of the Cold War and the United States involvement in the Middle East with the invasion of Iraq and Afghanistan. Dr. Zakaria stated “that in the last 10 years the
  • 5. "frozen" system in the Middle East has thawed and the region is no longer the playground of the great powers, as it had been for centuries. The United States has lost its appetite for backing dictators in the Middle East because, "We're broke and are tired of supporting nation building," and has realized that the cost of subsidizing these regimes was the violent Islamic opposition that they spawned.” This premise was echoed by the Uncommon Knowledge, Stanford University video with Charles Hill and Fouad Ajami and their discussion of the Obama Administration and its withdrawal of troops from Afghanistan. The discussion involved whether the United States government should be responsible for providing military support for democratic governments – Japan, South Korea, and Germany that have developed economies. The general consensus was the United States government is responsible for providing economic and military support to those countries that have been invaded for the foreseeable future. Considering the cost of these wars, the economic burden is astronomical. The address was given in 2012 but many of the points made are well-taken. Dr. Zakaria stated the biggest challenge the United States faces is economic – providing employment for the population. The comparison was Apple that employed 80,000 with $63B in revenue and a Taiwanese company that employed 850,000 with $63B in revenue. The United States has provided employment and a higher standard of living for the populations of China, Taiwan, and India, but is losing its standard of living. Dr. Zakaria discussed energy but was unable to predict the advent of Elon Musk and Tesla and the growth in the research and development of the lithium ion battery and the sales of electric vehicles as well as the development of solar storage cells for homes – partnership of Minnesota Mining and Manufacturing (3M) and Tesla. Source URL: http://einaudi.cornell.edu/node/7962 Response one: HUM-06
  • 6. I have gathered that Adam Smith’s contemporaries accepted slavery as a given and offered little sympathy toward the institution. Adam Smith, however, offered great insight into the construct of slavery. His “invisible hand” theory is the belief that capitalism, which began by trading and bartering systems, works out on its own without government interference. Human nature guides it. In Book III, Chapter I of The Wealth of Nations, Smith states, “That order of things … is in every particular country promoted by the natural inclinations of man.” This is all fine and dandy until one considers how slavery factors in. Adam Smith is clear. Slavery enabled the white man to rise in stature and wealth. With this wealth came ownership of more slaves. This caused the social gap to widen between the white man and black man as slaves were inevitably treated worse as the white slave owner got richer. Smith surmised that free labor would prove to be a better option. I gained much from reading Spencer Pack’s article, Slavery, Adam Smith’s Economic Vision and the Invisible Hand. Smith saw the immorality of slavery and observed how the “invisible hand” “increased the misery for the poor free citizens as well as for the slaves themselves.” These poor free citizens had no way of moving forward and obtaining jobs because the slaves did all the work. If slavery fed the rich white man, why would the consequential wealthy class have any need to offer work to anyone else who needed it? This “invisible hand” pushed the white man upward while degrading poor men and slaves more and more. Smith hated slavery, but saw no way of abolishing it except to plead his case. Smith’s Lectures on Jurisprudence offer more concerning his thoughts on slavery. In them he expresses his theory on man’s “love of domination.” It is for this reason that human nature would never be able to end slavery all together. Pack, and Daniel Luban in his article Adam Smith on Vanity, Domination, and History, both refer to Smith’s “deep pessimism” regarding the abolition of slavery. In Lectures on Jurisprudence, Smith states, “this love of domination and
  • 7. tyrannizing, I say, will make it impossible for the slaves in a free country to recover their liberty.” I think about the aftermath of the Civil War. Slavery was abolished, but black men were not truly free. They remained under the hand of the white man. As we progress, we are still faced with ugly racism perpetually nourished by the residual effects of the institution of slavery. Response two: HUM-06 I read Adam Smith, I began to really think how in our society, do we not use others for our own personal gain? We trade with others to gain something that we cannot create or do ourselves. Humans tend to focus on their advantages and profit from those advantages because of specialized workers or products made by different men. In Book I, Chapter 2, Adam Smith describes man’s interactions and reasons for labor. Adam Smith concludes labor ignites capitalistic ideas due to man’s preoccupation with fulfilling self-interest. Man, uses trade and a barter system to achieve his goal and will dedicate his life to do so because it is in his self- interest. Smith says self-interest generates labor force and revenue. “He will be more likely to prevail if he can interest their self- love in his favour, and shew them that it is for their own advantage to do for him what he requires of them. Whoever offers to another a bargain of any kind, proposes to do this. Give me that which I want, and you shall have this which you want, is the meaning of every such offer; and it is in this manner that we obtain from one another the far greater part of those good offices which we stand in need of. It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity, but to their self- love, and never talk to them of our own necessities, but of their advantages” (Smith, I, Ch.2). In other words, man, needs more than one thing or item to survive. Due to needing specialized workers and labor forces,
  • 8. man’s self-interest generates the evolution of capitalism. Men, use other men or people to their advantage. The more someone is willing to pay for an item; the more labor, the more products made. I think back to the slave trade. The more slaves needed meant more labor, the more labor needed meant more trade and profit. The owners reaped the advantages, not the slaves. Self-interest became the root words for labor and capitalism. Labor and capitalism gain wealth for men and the more specialized a society becomes. Capitalism determines the strength or weakness of a society depending on which side one may support. If you are a business owner, I would imagine you support capitalism., if you are the laborer, not as much because you are not profiting as much as the owners of the products. In the end, self-interest for Adam Smith meant that labor was the key to opening the door for capitalism which led to the development of wealth for most men. Works Cited Smith, Adam. An Inquiry into the Nature and Causes of the Wealth of Nations. Trans. Colin Muir and David Widger. Gutenberg, 2013. 10 September 2017. <An Inquiry into the Nature and Causes of the Response three: HUM-06 One of the most impressive aspects of Adam Smith’s An Inquiry Into the Nature and Causes of the Wealth of Nations is the wide scope of its content. The sections of the book that are most commonly discussed and celebrated are those discussing economics and which deal with the laws of supply and demand, natural price versus market price, and the various detrimental effects of regulating markets. However, Wealth of Nations is also chock-full of history, sociology, and philosophy. For instance, in Book one, Smith discusses the history of the advent of money. In Book three, he lays out a sociological theory in which he traces the progress of civilizations through four distinct stages (hunters, shepherds, agricultural, and commercial). And, in Book five, he follows in the footsteps of philosophers like Hobbes, Locke, and Rousseau by discussing
  • 9. the responsibilities that the sovereign has to the people (it is important to remember however, that Smith roundly rejects the idea of a “social contract”). It is book five that I personally found most interesting. In book five, Smith identifies three key responsibilities of the sovereign; national defense, the dispensation of justice, and the creation and maintenance of public works and institutions. Of these three responsibilities, the first is found in the social contract theories of all three aforementioned philosophers. The second responsibility is fundamental in Locke and Rousseau’s theories, but the third seems to me to go above and beyond Hobbes, Locke, and Rousseau. Of public institutions established by the sovereign, Smith says, “After the public institutions and public works necessary for the defence of the society, and for the administration of justice…the other works and institutions of this kind are chiefly those for facilitating the commerce of the society, and those for promoting the instruction of the people” (5.3). Because Adam Smith is specifically expounding on the requirements of a “commercial society”, it is not surprising that he includes the facilitation of commerce as a major duty of the sovereign. Smith speaks of the necessity for well-kept roads, canals, turnpikes, and the need to build forts and create ambassadorships to facilitate foreign trade. What is perhaps more surprising is Smith’s inclusion of both child and adult education. The beginning of book one of Wealth of Nations is primarily devoted to Smith’s ideas on the advantages that come with the division of labor and the development of specialization. If one were to read this section alone, one might get the impression that Smith thought of the specialization of labor as the sole concern when considering the ways in which a society might improve the circumstances of individual laborers. However, his insistence on the need for widespread education demonstrates that he is not concerned merely with the individual’s value as a specialized laborer, but also with the individual’s entire social, intellectual, and spiritual life. Smith says:
  • 10. The man whose life is spent in performing a few simple operations, of which the effects too are, perhaps, always the same, or very nearly the same, has no occasion to exert his understanding, or to exercise his invention in finding out expedients for removing difficulties which never occur. He naturally loses, therefore, the habit of such exertion, and generally becomes as stupid and ignorant as it is possible for a human creature to become. The torpor of this mind renders him, not only incapable of relishing or bearing a part in any rational conversation, but of conceiving any generous, noble, or tender sentiment, and consequently forming any judgment concerning many of the ordinary duties of private life (5.2). Smith sees this “torpor of the mind” of individuals as an inherent danger in advanced commercial societies that must be counteracted by government. Therefore, Smith argues that “For a very small expense the public can facilitate, can encourage, and can impose upon almost the whole body of the people, the necessity of acquiring those most essential parts of education [reading, writing, arithmetic]” (5.2). He also insists that public education focus on those disciplines that he feels will prove most useful to the people (instead of subjects like Latin or, worse yet, the semantic and logical contortions of scholasticism). Though the nation may not necessarily see any monetary advantages from the education of the people, what it would gain, according to Smith, is the advantage of a more rational, more loyal, and even more courageous, populace. One that would be less vulnerable to factionalism, sensationalism, sedition, and whose self-respect would in turn engender respect for others and for authority. Title ABC/123 Version X 1
  • 11. SWOT Analysis MGT/521 Version 14 1 SWOT Analysis Interview Questions for Leader/Manager 1. What are some of the internal strengths of your organization? 2. What are some of the internal weaknesses of your organization? 3. What are some of your organization’s external opportunities? 4. What are some of your organization’s external threats? Copyright © XXXX by University of Phoenix. All rights reserved. Copyright © 2017 by University of Phoenix. All rights reserved.