Saturday, January 25, 2020

Environmental and Organizational Audit of Nokia

Environmental and Organizational Audit of Nokia SWOT analysis as the assessment of the internal strengths and weaknesses and external opportunities and threats for a business in a given situation. It clarifies issues and problems but it does not take decisions for a business. S: Strengths W: Weakness O: Opportunities T: Threats POSITIVE NEGATIVE INTERNAL Strengths First company to provide mobile phone technology. High capacity switches. Strong management policies Providing a wide range of Models around the globe business. New products and technology Weaknesses Lack of Unity between various departments. They consider each other as lacking from knowledge, stupid and inexperienced. Poor quality equipments causing dis-interest of customers Installation in armored cars was a problem. Switches were Large and expensive EXTERNAL Opportunities High competitive environment, this leads to more customers Mass market High Sales since the product is new and unique Expand business Threats Major competitors, namely NEC, Motorola, Samsung, Sony Ericson, Sony iPod etc. Competitors offering financing solutions Small switches of competitors and cheap in price Intense competitionSWOT analysis of NOKIA PESTEL analysis: PEST analysis is defined as a management technique that enables an analysis of four external factors that may impact the performance of the organization. These factors are: Political, Economic, Social, and Technological. PEST analysis is often conducted using brainstorming techniques. It offers an environment-to-organization perspective as opposed to the organization-to-environment perspective provided by SWOT. PESTEL analysis of Nokia Political: Political entities played a vital role in the success of Nokia switches business,as a market are deregulated both operators and manufactures are free to Act independently of government intervention in countries like Pakistan and india. Where partial regulation exist, government intervention does not take place. Economical : In order to start the mobile telephony business Nokia needed a high market share, which they achieved by selling in pakistan and various countries .This increased the number of customers, thus increasing market share. After the company got substantially popular, major businesses started to co-ordinate with Nokia. Social: Consumer demanded for new functions and designs while Nokia was not successful in providing that, a banker expressed they are just a bunch of engineers who couldnt care less what the phone looks like. Also on the other hand consumer complained about the low battery life. Technological: There have been many global advancements in technology such As mms,wap,Bluetooth,cameras etc.the asian markets are more technologically than Their European counterparts for example in 2002 just 4% of phone had cameras.whereas in asia 90% did it. Environmental factors include, climate, and climate change, which may especially affect nokia industries. Furthermore, growing awareness to climate change is affecting how nokia companies operate new models and products-it is both creating new markets and diminishing or destroying existing ones. Legal factors include discrimination law, consumer law, antitrust law, employment law, and health and safety law. These factors can affect nokia. Company operates, its costs, and the demand for its product. Reason for choosing the particular organizational and environmental audit and strategic technique: S.W.O.T analysis: The reason for advising SWOT analysis to nokia in the current downfall situation is that for decades SWOT analysis has been a straight forward and basic model for providing strategic direction to the organization which conducts it. This is done by accessing the strength, weaknesses, opportunities and threats of the particular business entity. Individuals at nokia can also perform SWOT analysis in order to identify their intrinsic qualities that can help them at workplace. SWOT analysis is the most effective power tool nokia can use in order to optimize their career. The result of SWOT analysis will help the professionals identify their qualities and minimize their obstacles. PESTLE analysis: This was advised to nokia for conducting the environmental analysis, it was considered important as it is a key method of strategic analysis in order to study the microenvironment of the business. These include Political factors such as political stability, trading agreements and economic and taxation policies. Economic factors such as interest, employment levels and economic trend. Social factors such as religion demographic factors and cultural factors. Technological factors such as innovation, manufacturing cost, quality of product etc. Through the PESTLE analysis nokia will be able to understand the wider business environment i.e. understanding the international market and trends. One of the main reason why conducting PESTLE analysis for nokia is important is that it can raise awareness of future threats and will help nokia to anticipate future difficulties and take appropriate actions to avoid and minimize them. STRETEGIC POSITIONING TECHNIQUES Ansoff matrix: The Ansoff Growth matrix is a tool that helps businesses decide their product and market growth strategy. Ansoff Matrix of Nokia Ansoff matrix can help Nokia identify their future direction and strategic development. It may help Nokia find out the choices available in the market in order to use their strategic capabilities. Currently in terms of the case, Nokia is engaged in production of many existing products and one new product which is mobile telephone. This may sort out Nokia into three sections of an Ansoff Matrix. These are explained as follows: Existing product and existing market; Market penetration: For the current production of various radio and telephone equipments, including AXE chip. Existing product and new market; Market development: For entering new markets including USA, Hungary, Pakistan Indian, and Middle east and all over the globe. Existing market and New Market; Product development: By launching Mobile telephone system in their existing market. Ansoff Matrix: This is a useful strategic positioning technique advised to nokia due to the fact that it helps in suggesting the business attempts to expand on a new or existing market or whether on the markets new and existing products. For the market development Ansoff can help nokia identify new geographical areas, for example where to sell the existing switches and radio equipments. They can seek out different pricing policies to attract customers. Similarly in the product development stage they can develop new competencies and modify their products on the basis of consumer appeal. On the basis of these qualities it was advised to use Ansoff matrix as a strategic positioning technique to identify their future direction. STRETEGIC THINKING AND PLANING In the view of F. Graetz, strategic thinking and planning are distinct, but interrelated and complementary thought processes that must sustain and support one another for effective strategic management. (F Graetz, (2002) Management Decision, pg 456, data accessed July 2009) The main focus of strategic thinking is to create unique and valuable opportunities for future success of a business. This is conducted by a creative and provocative dialogue between people who effect the direction of a business. Strategic thinking must take into account: Skills and competencies : Strengths of the company How can these strengths be used to create a competitive advantage Weaknesses of the company that makes it vulnerable. Products and offerings : Portfolio of offering product, price and services in the market Identifying the overlaps caused among offerings Uniqueness Brands associated with offerings Compare the brand with competitors. Industry and its environment : Identifying the overall economic situation of the country in which company is competing Structure of the industry Current position of the industry and where it wants to be in future. Link of the industry with other people(stakeholders) Customers and market: Target customer Needs of the customers Competitors : Nature of competition in the particular industry Unique strengths and weaknesses of competitors Similarities and differences between the company and its competitors Buyers and suppliers : Identifying the companies that needs to be worked with in order to make and sell the products the company is offering Relative power compared to the company Their strengths and unique points GAP ANALYSIS AND STRATEGIC PLANE FOR NOKIA: Product Development: An appropriate plan needs to be conducted for the mobile telephony business which lies in the product development section of the Ansoff matrix. The product and market are is relatively new; therefore a plan for a successful development of the product needs to be implemented. The plan must give nokia the ability to achieve a high market share. Although they are the first company to engage this business but the main problem which they face is their inferiority in technology, secondly their switch size are large and the competitors on the other hand are making smaller chips. Most importantly size and shape of the mobile phones are not up to the choice of customers, moreover they need to focus on the design if they want to boost up their sales. Company is already going through a financial crisis and on the other hand competitors are providing financial solutions in order to damage nokia. Management needs to issue new shares in the market in order to level up with the market trend. So talking on a wide scale, in the developing market, nokia needs to enter the market with a proper plan up to the expectations of customers in order to enhance the career of the product. This can be done by adding new features, technology advancement and revising their policies again. Market penetration: For nokia this includes the current products in the current market, these include various radio and telephone equipments, including AXE switch. This includes the Public telecom, which is the biggest part of nokia., later known as ERA when it moved towards the mobile telephone business. Company at the existing stage needs to expand their number of products and its features since the competitors on the other hand have moved towards smaller reliable equipments industry. They need to gain new customers by suitable advertisement and loyalty programs. In a mass market where chances for upward shift in sales are high, nokia also needs to focus on their product, and develop them on the basis of customer needs and the market trend. Market development: This is when the company tries to enter a new market with their existing product. For nokia on a global aspect the company would be able to achieve a high margin of sales since the number of customers will increase. Expansion should include business in the Western countries and the Middle East. In a competitive market where competitors are expanding globally, nokia should also plan to expand in order to level up with their competitors. They cant afford to stay back with the trend since the new technological advancement may lack them back with the trend. So for the market development section, it is to be advised for a plan on expanding the business in other countries in order to get excess to new customers. EVALUATION OF POSSIBLE ALTERNATIVE STRATEGIES AND ADVICE NEW FUTURE STRATEGY The company had major weaknesses which were advised to be solved through the help of appropriate planning .Planning was conducted on the basis of important strategic analysis; this included SWOT analysis, PESTEL analysis and Ansoff matrix. However there are certain other strategies which can possibly be implemented on nokia. These strategies are summarized as follows: Lean production technique: Peter Simpson defines lean production as the term used to describe the whole concept of trying to manage the production process more efficiently with the minimum of resources. (Peter Stimpson, business studies, data accessed July 2009) .Considering the financial crisis which nokia is going through, it is appropriate for nokia to implement Lean production technique since the main objective of this technique is to eliminate the waste of resources and time. nokia is already facing inferiority in technology, thus a lean production will help them manage their adequate resources in an appropriate manner in order to develop new products with less complexity in production process. Job enlargement: This is a term used to attempt any particular increase in the scope of the job by broadening and deepening the tasks. Reason for conducting this strategy is to overcome the financial problems and quality issues faced by nokia, company can implement this strategy by branding the amount of task given to important workers, thus on the other hand terminating the unwanted employees. This may help in cutting the future costs faced by the business and improve the quality and performance. Keeping substantial inventory: Inventory includes raw material, work in progress and finished goods. The reason why nokia needs to keep substantial inventory is that due to time lags in the supply chain management, there can be late delivery of stock, thus keeping certain amount of inventory is necessary. As mentioned in the given illustration, when company made their first deal with Saudi Arabia. The Saudi order included 8000 mobile stations, this put pressure on the company since no terminals were left to sell in the home market. Team approach: This is when production is organized in such as way that groups of workers complete a substantial amount of work all together. Currently in nokia workers perform their own task on the basis of specialization, allowing them more empowerment at work. This have lead to disunity between workers, since most of them do not know what work each department is engaged in. A team work approach will also lead to important discussions relates to the performance of business and its various departments. Important advises can be given to various departments through this approach which indirectly will improve quality and performance. Quality control: The term quality does not necessarily focus on the best that can possibly be produced, a high quality product is one which best fulfills the particular needs of the customers at a reasonable price on the basis of consumer needs. The reason for improvement in nokia mobile quality is due to the fact that it may easily help them create consumer loyalty, also on the other hand will save the costs associated with complaints made by customers. Most importantly if nokia works on their product quality by improving their functions, they may achieve a longer product life cycle. BEST FIT FUTURE PLAN FOR NOKIA BASED After studying the organization on all the aspects of a proper business strategy and business analysis, a final future plan is to be advised for nokia .Keeping in mind the internal and external environment of the organization and the future analysis of the market, a strong strategy was made for the future of nokia business. This plan is summarized as follows: Before every activity takes place, it should be kept in mind that nokia has a high finance.Issue of more shares may easily boost up the finance. Secondly the technological equipments should be replaced with new ones, following the hiring of skilled labors in order to reduce training costs. Customer needs and market trends need to be kept in focus because customer has the buying objective and if their meets are not fulfilled, then they may be forced to change their brand. Costs needs to be reduced, this can be done by the use of Lean production technique. Quality needs to be managed with the implementation of lean production since a reduction in cost can have an indirect effect on quality of the product. One important future plan which can help nokia is to make a small team of experts, who only work for future plans and ideas for business, looking at an approach at least two years ahead of current market trends. The strategic plan was made on the basis of all previous organizational and environmental audits and strategic positioning techniques. An approach to previous analysis was also taken into consideration. Alternative strategies Deliberate and Emergent strategies DELIBERATE STRATEGIES: Any strategy that is intestinally planned for running the business successfully for example nokia might have deliberately wanted to change the models. EMERGENT STRATEGIES: Are those that occur unexpectedly naturally .for example strike cause unexpected decrease in sale because shops are forced to close down. Future strategies: mokia future strategies They focuses on different shapes and improving our quality products. because their competitors are too much strong .nokia employees thinking about his new models. when they launch a model . Then They suddenly starts working on another model.

Friday, January 17, 2020

To Build a Fire

â€Å"To Build a Fire† Theme Analysis Behold, how great a matter a little fire kindleth! -New Testament: James 3:5 â€Å"To Build a Fire† is a short story written by Jack London. This story was originally published in 1902, with the famous version being published in 1908. When London was a student at the University of California, Berkeley, he had discovered the name of his biological father and wrote to him in an attempt to establish a relationship. His letter was returned with the man denying paternity. This denial negatively overwhelmed London, resulting in him dropping out of college and sailing to the Yukon in Canada to pursue the gold rush.This location had a profound impact on London and has resulted in his naturalist writing type. The Yukon has been the setting in many of his stories including â€Å"To Build a Fire. † This short story details a logger new to the Yukon Territory and his trek down a trail with his wolf dog. While walking down the trail, the man breaks through the ice and plunges shin deep into the frigid water. Knowing frostbite would set in, he is forced to take up camp and start a fire to dry off and warm up. His first fire is extinguished and he is unable to light a new one. Frostbite and hypothermia set in and the man eventually succumbs to his fate. Also read The Story of an Eyewitness Essay AnalysisThis short story showcases the theme of Man vs. Nature. London is able to support this theme with his use of setting, foreshadowing, and irony. This theme is confirmed by the published analysis â€Å"To Build a Fire† written by James Welsh, which was published in 2004. London’s detailed use of setting has the greatest influence in showcasing the theme of Man vs. Nature. This story takes place in the Yukon Territory of Canada where â€Å"There was no sun nor hint of sun, though there was not a cloud in the sky† (London 127). His initial meticulous detailed setting of the trail and weather virtually puts the reader in the boots of the logger. He spat again. And again, in the air, before it could fall to the snow, the spittle crackled† (London 128). This explanation shows the extreme level of coldness that the man is being challenged with. This detail gives readers the ability to compare the cold that they are used to with the cold that he is facing. This adds to the impending fears that the reader feels, even though the man shrugs it off. This statement also details the isolation the man is facing when he mentions, â€Å"A foot of snow had fallen since the last sled had passed over† (London 128). This isolation sets the one man vs. ll of nature impending battle. The trail is also later described to include more of the possible dangers the man is against such as, â€Å"He knows the area and realizes the danger of springs hidden beneath the snow, covered only by a thin sheet of ice† (Welsh). This adds more dangers to an already dangerous hike. London’s detailed description of the setting showcases the merciless features of nature and places the environment as the antagonist against our inexperienced logger. When London isolates the character and combines the violent characteristics of the setting, he emphasizes the theme of Man vs. Nature.Foreshadowing is the literary device used to suggest certain plot events that might happen in the future. London is able to use foreshadowing to enlighten the readers into the possible traps the logger is facing all while building the suspense of the story. The human condition is explained by the logger as the, â€Å"frailty as a creature of temperature, and upon man’s frailty in general, able to only to live within certain narrow limits of heat and cold† (London 128). This statement exposes the weakness of humans and gives the readers a glimpse of how the logger might face hardship due to weakness to temperature.Later in the story the dog’s manner changes and he develops a â€Å"menacing apprehension that subdued it and made it slink along at the man’s heels†¦ it wanted fire, or else to burrow under the snow† (London 129). This gives readers the feeling that the dog knows that the weather is too terrible to travel and an impending danger is present. Traveling down the tr ail, the dog breaks through the ice and is forced to lick the ice away to prevent frostbite foreshadowing that the man would be going through the same trials. Before the coming of winter, the old-timer from Sulpher Creek had warned him that one should always travel in winter with a partner and that one should never attempt to travel alone in temperatures colder than fifty degrees below zero. In his ignorance, the tenderfoot had laughed at the old-timer’s advice† (Welsh). This builds on the anticipation that the advice may become used later in the story. â€Å"Every time he comes on a suspected trap, he forces the dog to go ahead to see if it is safe† (Welsh). By putting the dog into harms way, it gives a sense of impending karma.Throughout the beginning and middle of the story, London uses foreshadowing to build the suspense and give readers a look at aspects of nature that may come to challenge the protagonist. Throughout the story, London uses irony to demonstr ate Man vs. Nature all while offering some dark comedy. When the man first decides to take a break and eat lunch he stops and builds his first successful fire. â€Å"The fire has restored his confidence, but the dog wants to stay by the warmth and safety of the fire† (Welsh). Looking back, one may see the irony of the knowledge level of the dog and understand how the man should have stayed with his fire.The man also shrugs off frostbite earlier in the story as â€Å"a bit painful, but never serious† (London 129). Readers are more aware than the traveler that frostbite can kill and the traveler eventually finds this out. Throughout the story the man was extremely careful and he eventually breaks through the ice â€Å"At a place where there were no signs, where the soft, unbroken snow seemed to advertise solidity beneath† (London 131). The man then has to build a fire to dry his feet so frostbite doesn’t set in. He decides to build the fire underneath a tre e so that he has fuel readily available and protection for the fire.This idea backfires and snow from atop the tree falls and extinguishes the fire. When a reader examines the mannerisms of the dog, he or she may see that he has a better understanding of the weather and environment. He wants to set up camp instead of travel. â€Å"The dog did not want to go. It hung back until the man shoved it forward† (London 130). The irony being the dog is smarter than the man. London uses these examples of irony to better describe the merciless personality of the setting and add dark humor in an otherwise depressing story. An ironic strain that runs throughout the story is the tenderfoot’s sense of superiority and contempt for the old trapper on Sulphur Creek. The irony is dramatic in that the reader soon realizes that the old man was right, a realization that escapes the tenderfoot until the very end of the story† (Welsh). Jack London’s â€Å"To Build a Fire† is an image provoking heart-pounding story and his use of setting, irony and foreshadowing perfectly exemplifies the Man vs. Nature theme. This theme has been also noted in many published literary works such as James Welsh’s analysis.London’s level of detail and ability to place you in the situation makes this story one that will remain a classic for years to come. WORKS CITED Kennedy, X. J. , and Dana Gioia. â€Å"To Build a Fire. † Literature: An Introduction to Fiction, Poetry, Drama, and Writing. Twelfth ed. Boston: Pearson, 2013. 127-37. Print. Welsh, James M. â€Å"To Build a Fire. † Masterplots II: Short Story Series, Revised Edition. Salem Press, 2004. 1-3. Print. http://ezproxy. cfcc. edu/login? url=http://search. ebscohost. com. ezproxy. cfcc. edu/login. aspx? direct=true&db=lkh&AN=103331MSS23119240001174&site=lrc-plus

Thursday, January 9, 2020

The Effect Of Sleep On The Regulation Of Emotional...

Introduction The goal of this study was to investigate the role of sleep in the regulation of emotional reactivity and mood, and in particular the role of rapid eye movement (REM) sleep. The research team led by Rosales-Lagarde measured the impact of total sleep deprivation (TSD) by evaluating subjective responses to frustration and aversive stimuli. It was found that coping skills and emotional regulatory abilities were decreased along with decision-making skills following REM sleep disturbances. It was also found that the subjects that experienced disturbances in REM sleep displayed a greater degree of impulsiveness when faced with a risky decision and favored utilitarian judgments. The data was collected using functional magnetic resonance imaging (fMRI) imaging of the brain during the various stages of the experiment, and during the administration of the Emotional Reactivity Task. It was found that there is a greater and longer lasting activation of the amygdala while viewing negative stimul i, and specifically following TSD. This study was based on previous research that suggests that REM sleep plays a significant role in emotional regulation, as brain areas associated with emotion are specifically activated during REM sleep cycles. These include the amygdaloid complex, medial and orbital frontal cortices, and posterior association areas. Background Other related studies have evaluated the effect of REM sleep in animals and emotional reactivity. It has been foundShow MoreRelatedPerceived Stress Levels and Stress Management Among Paramedical Students Lyceum of the Philippines University: Towards Stress Management Enhancement15005 Words   |  61 Pagesis therefore important to study the experience of stress in dental students and to identify ways to manage it. (Sanders, 2002). Stress can also be defined as the biological reaction to any adverse internal or external stimulus—physical, mental or emotional—that tends to disturb the organism’s homeostasis. If the compensating reactions are inadequate or inappropriate, they may lead to disorders. However, stress is not all bad. Certain stressors inspire people to make a greater effort; for example, aRead MoreMedical Test with Answers Essay example16933 Words   |  68 Pagesmedication in milliliters should the nurse administer? (Enter numeric answer only.) Correct: 3 20 grams is equivalent to 20,000 mg. 20,000 mg/100 ml = 200 mg/1 ml. Using Desired/Have X Volume: 600 mg/200 mg x 1 ml = 3 ml The nurse dons gown, mask with eye shield, and gloves before entering a clients room that has airborne precautions. Upon leaving the clients room, in which sequence should the nurse remove the personal protective equipment (PPE)? (Arrange in order. ) 1. Remove gloves. 2. Remove gownRead MoreComprehensive 1 Essay18452 Words   |  74 Pages  Correct B.   complained of pain; PRN pain medication given. C.   smiling while visiting with family members. D.   was talking on the phone 30 minutes after pain medication was given. Evaluation of effectiveness must indicate if the drug has had the desired effect, in this case, a decrease in pain (A). (B) does not indicate whether the drug was effective, just that it was given. (C and D) do not indicate whether the drug was effective--the client may still be in pain, although talking on the phone or visitingRead MoreDeveloping Management Skills404131 Words   |  1617 PagesSupplement C Conducting Meetings 651 Appendix I Glossary 673 Appendix II References 683 Name Index 705 Subject Index 709 Combined Index 713 iii This page intentionally left blank CONTENTS Preface xvii INTRODUCTION 1 3 THE CRITICAL ROLE OF MANAGEMENT SKILLS The Importance of Competent Managers 6 The Skills of Effective Managers 7 Essential Management Skills 8 What Are Management Skills? 9 Improving Management Skills 12 An Approach to Skill Development 13 Leadership and ManagementRead MoreFundamentals of Hrm263904 Words   |  1056 PagesManagement Recap 31 The Strategic Nature 32 The HRM Functions 33 Staffing Function 34 Training and Development Function 35 Motivation Function 36 Maintenance Function 37 How External Influences Affect HRM 38 The Dynamic Environment of HRM 38 Laws and Regulation 38 Labor Unions 38 Management Thought 39 Structure of the HRM Department 40 Employment 40 Training and Development 41 Compensation and Benefits 42 Employee Relations 42 vi Contents Top Management Commitment 43 Effective Upward Communication

Wednesday, January 1, 2020

Is The American Dream Still Alive Today - 1888 Words

America has long been known as â€Å"The Land of the Free†, â€Å"Home of the Brave†, and has established that â€Å"All men are created equal.†(US Declaration of Independence 1776) Although all of these things are what made America a choice place to live; she has not been without her flaws. One of the major flaws that stands in the path of the American dream today is the inequality of the sexes. Women are treated so unjustly when it comes to economic and social equality, women are not given the same opportunities as their male counterparts; but women should take a stand today to guarantee equality in the future . The question that lingers in the hearts of all Americans is: is the American dream still alive today? Or has it simply become too unobtainable that it has vanished from our eyes? A seemingly simple question to answer, â€Å"What is the American dream exactly?† becomes much more complex when we actually think about it. The American dream is com pletely different for everyone, but a well-known dream is the â€Å"Bigger is better† mantra that many Americans tend to want: bigger houses, bigger televisions, bigger cars, bigger handbags, and bigger savings accounts. America has been the land of opportunity, and has stretched her arms out to all who likened to take a trip across a sea or border. But early it was stated that the American dream is different for everyone, so what possibly could be a dream other than working hard and getting rich? Well, what about this: equality. Equality,Show MoreRelatedThe American Dream Is Still Alive Today1078 Words   |  5 Pagesto work to succeed.The American Dream is that every United States citizen should have an equal opportunity to achieve success and prosperity through hard work, determination, initiative, and happiness. But many wonder if it is still alive today. Many studies have proven that the American dream is still alive today. 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The idea that one can radically change their life and become â€Å"rich† was extremely attractive and can give incentive into movingRead MoreEssay on The American Dream: An Essential Part of America1498 Words   |  6 PagesThe American dream is about working hard for what you are trying to achieve. The American dream comes from our past clear down to today and with influences it becomes a superior ambition. Even though the dream grows more throughout time; the dream is stronger and it’s easier to achieve what you want to have in this nation as a dreamer. The American dream has been discussed in literature for more than two centuries in our history. Way earlier in time before anything, our first used way of the AmericanRead MoreAnalysis Of The American Dream1063 Words   |  5 Pagesthe American Dream? Is it home ownership, gaining fame or wealth, having a great family or is it gaining a peace of mind? Many people have different versions of what the American Dream is, some people believe the dream is lost, and some people are right in the middle and still believe the American Dream is still alive. â€Å"The American Dream† by Brandon King debates about what the true state is left in the American Dream now. Throughout the essay, King asks if the American Dream is dead, alive, on holdRead MoreHow Hard Will You Work For The American Dream959 Words   |  4 Pageswork for the american dream The issue of whether or not the american dream is dead, alive, or on hold has become very important lately to the working class american. with trillions of dollars lost in the stock market crash and high unemployment rates.There is a nation wide panic on whether or not we can as a country bounce back. In fact in the article â€Å"The American Dream; dead, alive, or on hold.† King claims that the ideas of the so called â€Å"American Dream† are still very much alive. (King pg2 p1)