Online Social Entrepreneur Essay Example | Topics and Well Written Essays - 2000 words

Online Social Entrepreneur - Essay Example From the essay it is clear that social enterprises are relatively different from the traditional commercial organizations in the sense that they apply business and commercial strategies for maximizing improvements in human and environmental well-being. As such, social enterprises are directed by the ultimate goal of making real change in the human life while not focusing on maximizing their own profits. There is therefore a fundamental difference between how social enterprises and commercial organizations approach the business. This discussion stresses thatmobile apps have been a new revolution in the international economy wherein small developers have been able to develop small applications fulfilling various purposes. Over the period of time, millions of applications have been developed for various platforms including Apple iOS, Google Android as well as Windows 8. These applications are sold through various business models wherein some are offered free, some are paid whereas some are hybrid in nature offering some features for free while premium features are paid in nature. This research proposal will outline as to how business models followed by mobile apps can have potential applications for the social enterprises. This paper will comprises of a literature review, research question and methodology, analysis and results, discussions and the implications and finally recommendations and conclusion will be offered.

Organizational Development in HRD Case Study Example | Topics and Well Written Essays - 750 words

Organizational Development in HRD - Case Study Example he lease by the state of Indiana through the Indiana Department of Natural Resources, mainly because of the economic strength of the investors. The Inn is operated as a separate business project, however, it does contribute to the sales of the marina as it is a lucrative business and is booked heavily in the season, which runs from Memorial Day weekend to Labor Day Weekend. Although the complex is operational year round, the sales decrease drastically after the Labor Day weekend. Jack Keltner has just recently replaced Leon McLaughlin as the general manager of the marina. He is also the accounting manager of the Inn. The Marina lacked any formal accounting checks till now, and Keltner has introduced certain changes and features to counter this problem. He has also proposed several improvements in the complex in order to increase the profits of the marina, which had just recently been going into loss. Strengths: The main strengths of the complex are its three docks to the left of the central dock, that is, E, F, and G. They are booked well in advance and there are waiting lists. The Inn is another lucrative business that augments the profits of the marina. It has the only showroom in the state with the biggest boats for sale, and is the largest marina of its kind in the country. Weaknesses: The main weakness is the lack of experience of the staff in the trade of marinas, especially the general managers; the former had experience in ship repair, and the current is an accountant. The three docks to the right, A, B, and C, are not rented to the full capacity. The rental boats are more in number than are required, with the average rental capacity around fifty percent. This means more labor for maintenance. The

The Design of Health and Safety Control Systems Assignment

The Design of Health and Safety Control Systems - Assignment Example â€Å"It is an employer's duty to protect the health, safety and welfare of their employees, and other people who might be affected by their business. Your employer must do whatever is reasonably practicable to achieve this† (â€Å"Your Employer’s Responsibilities, 2011, pgh. 2). This includes the fact that the gas emitted from the spray makes people drowsy. If that is the case, and people are going to have to go down in the tunnel, it should be a team of people who are working on this project. There should be support in terms of physical support, and the gentlemen working on the project should have walkie-talkies. Not only that, but they should make sure to wear all appropriate and proper protective gear for this project. This would include whatever kind of suit is needed to go down into the tunnel and spray this highly toxic (and potentially flammable) sealant. Since the subterranean chamber is located in the middle of a field, the area surrounding the work area shou ld be completely examined by the company that is going to be doing the work in order to ensure that there are no problems with the ground surrounding the area in which the work is to be completed. Additionally, the area should be assured that it is secure to work within before any work is ever started. â€Å"A check should also be carried out to ensure that there are no cellars, underground watercourses, ground conditions or made up or soft ground, etc., which could create hazards during the operation† (Construction Confederation, 2008, pp. 8F-3). This is to ensure that there will be no cave-ins during the project, which could herald an early death for the person going into the subterranean chamber. The person must definitely have radio contact of some sort with the outside world, and in addition to proper gear—obviously the ground around the work area must be checked for its stability. If the stability of the subterranean chamber or its immediate environs is in any wa y compromised, that chamber should be considered dangerous and unsuitable for being checked by humans. In that case, what might happen is that, if it is unsuitable for a person to complete, perhaps a machine might be able to be deployed in order to do the job. If the job is too difficult for a machine to do as well, what might be considered the best option is for the subterranean chamber to be sealed up with concrete due to the cracks being too severe to be fixed by human design. If that is the case, it is not worth putting human lives in danger in order to solve a problem that is that difficult. Not only this, but, perhaps—rather obviously—the farmer must give his permission for the work to be done since it is on his property (if there is work to be done), unless the tunnel is not part of what he owns and is part of the public domain. Either way, he will have to be notified that construction is going to have to take place outside of his property. Operation #2 Recommen dations (475 words) The employee who is made to tidy up the designated are near the junior school in the suburbs of a small town should first consult a landscape architect as to how the landscaping would be carried out. â€Å"All municipalities operating a form-based code must have professional design expertise on staff in the person of an urban designer, architect or landscape architect, or else a design consultant retained to work with elected

W2 Asign Determining Requirement in Data Warehousing Essay

W2 Asign Determining Requirement in Data Warehousing - Essay Example data warehouse, pick-up interesting data, format his or her own queries, drill through the data layers, and create custom reports and ad hoc queries† (Ponniah, 2010, p. 40). As such, these power users usually seek complex information, multidimensional (MD) analysis, and statistical analysis which could be facilitated through the online, intranet, internet, as the use of emails. As learned from Ponniah (2010), the â€Å"primary goal in the requirements definition phase is to compile information packages for all the subjects for the data warehouse† (p. 105). The kinds of requirements that one needs to gather at the requirements definition phase are categorized as follows: The gathering of information during this phase could be solicited through three (3) primary means or basic techniques: interviews, joint application development (JAD) sessions, and through questionnaires (Ponniah, 2010). Thus, the kind of details to be gathered would depend on the needs and demands of the users in the organizations. Through the use of the basic techniques for gathering information, as the query tools specialist, one must be able to comprehensively assess and determine the informational requirements of each user according to the category of requirements as stipulated above. Likewise, the types of questions that should be designed and communicated to the users should be structured in the most effective manner to facilitate solicitation of the appropriate response. Concurrently, it was also learned that aside from utilizing these three (3) basic techniques for data gathering and collection, one could gather useful information through the evaluation of existing documentation (Ponniah, 2010). As emphasized, â€Å"review of existing documentation can be done by the project team without too much involvement from the users of the business units. Scheduling of the review of existing documentation involves only the members of the project team† (Ponniah, 2010, pp. 115-116). Overall, as the

Image of Filipino Women Essay Example for Free

Image of Filipino Women Essay Like in Estrella Alfon’s Magnificence; she illustrated that Filipino women are tough when it is for her children; while Lumnay was very weak and couldn’t accept her husband’s marriage to another woman. . Filipino women could stand and hold firm on her virtues and ideals. No matter what the consequences are, they stand for what is right. Sometimes they are mocked and insulted because of their ideals. But these women, like Miss Noel stood determined to continue what she has started and what she was fighting for. Esperanza is also a woman of virtue. She despises sleeping with a man to whom you’re not married. Some Filipino women are very innocent when it comes to hardships, emotions or other things surrounding them. Majority of these women were born or they belonged to middle class family. They haven’t experienced difficulties while growing up. While some women are oblivious to difficulties and hardships, some are introduced to it a very young age. They sacrificed their happiness for the sake of their family and loved ones. They think of everything as they’re responsibility and it affects their way of thinking, their social life and even their marital life. Filipino women are generous and very caring. They support their family through thick and thin. They will never let their family down especially when it comes to children. They are also very sweet and understanding, Filipinas are also very jealous, they are very possessive not only on the material things but also with their loved ones, especially the mothers. There are also this conservative God-fearing Filipinas. They have principles and won’t go against it. There are many more character traits a Filipina could have, but whatever the point is, Filipinas are raised differently and you could see it by the way they talk or move. Filipino women may look independent and wise but still, they need to feel deserve to be respected and cared for. They need to be loved and feel loved.

The Development of Machine Translation Essay Example for Free

The Development of Machine Translation Essay Introduction What is machine translation? Simply put, machine translation is the application of computer text from one natural language into another natural language text translation. The translation climax in the history of China again and again set off, the translation of Buddhist scriptures in the Eastern Han to the Tang and Song dynasties, the Ming and Qing technology translation and the Opium War to the May Fourth Movement to promote the progress of history. Today, the advent of the global information age is the translation climax conditions, requirements, involved in the field of computer science, mathematics, linguistics. However, the science of translation career how? Effects? How we will develop and make progress? In this paper, a review of the development of machine translation, disadvantages, role and prospects of superficial discussion, to answer these questions. i. A history of the development of machine translation The 17th century French philosopher, mathematician Descartes and the German mathematician Leibniz put forward the idea of using the machine dictionary overcome language barriers. In 1946, the worlds first electronic computer was born, after 50 years of development, through the tortuous road success, there are setbacks, presented numerous challenges for researchers. Machine translation potential social and economic benefits, some Western countries as well as Japan and other countries have spent a lot of R D, machine translation into the boom by its start-up period of the trough, the recovery period and make showing unprecedented prosperous and developed. The following is a brief overview of the various periods of its development. That is start-up period (1947 to 1954), Trough period (1954 to 1975), Recovery period (1975 to 1989),Prosperous Period. ii. The problem of machine translation The machine translation prosperity does not mean it does not have any problems. According to statistics, machine translation with human translation, translation accuracy and readability is less than 70%, many ways, there are a large number of problems, yet computer, language experts and machine translation users to jointly overcome. Opened the translation history at a glance the criterion the eyes of the beholder, the wise see wisdom. Three Kingdoms period follow essentially, Gavin ornaments East Jindao An best of Record, not so prejudicial statements were made tour word Tang Xuan Zang, neither shall seek the truth, and shall Yu vulgar to modern Yan Fu, letter the relentless pursuit of Dayak Chinese letter, Fu Lei quite similar , environment of Qian Zhongshu Gu Zhengkun best approximation . Tytlers three principles abroad, the famous translator Nidas dynamic equivalence the the fee Road Rove equivalents, otherwise Gorlee, alleged meaning on qualitative quantity. But are all demanding translation standards. The machine is translated as a translation, of course, should pay attention to the quality of the translation. The translation quality of machine translation can understand and loyalty, it is difficult to achieve the ideal standard. These examples to illustrate (1) The erroneous translation of part of speech and meaning. These problems with the machine error on the part of speech, meaning Discrimination are inseparable. Once the parts of speech in this connection vocabulary to syntax bridge is the wrong resolution, the translation will be wrong. Therefore, it is the wrong resolution mistranslation phenomenon should arouse the attention of machine translation researchers. (2)Adverbial wrong translation Of mistranslation. Such as the num ber and type of vehi2cles be misinterpreted as such a number of types of vehicles. Comparative sentence mistranslation. The earlier a smog alert can be issued, the greater its effectiveness is as it al2low s were wrongly translated: constitutes more time this smoke alarm can be as early as issued, the greater its efficiency as it does allow and the correct translation should be: the sooner the alarm, the greater the role, because it will make the Sketch word mistranslated. Small words, such as articles, conjunctions, English is not fluent in English. Chinese On the contrary, they become redundant, this machine translation can not be a good conversion. On these issues, there have been a lot of research, but always simple description, do not be traced. I believe that the key to these problems is not a simple computer program driving hard to the issue of slavery, but the context of the language itself is not a thorough analysis, we should ponder the question is how to make the machine with minimum knowledge. How to make the long-term accumulated cultural knowledge to penetrate into the machine translation. When they make the machine and from the search context, and in a certain culture play a role in its translation, what will? Mentioned Context, we can get some inspiration from the M alinow ski and Firth, Firth linguists task should be to study the text language phenomenon and its context combination, machine translation is the translation of a natural language another natural language should be set analysis, Discrimination select processing as an integrated process, asked to do , Shindaya. Gave us think of fruitRevelation, the word of the keys on the piano, alone has no effect. Keep context together makes sense. Another factor is the cultural context. Firth social scene decided to play social role social role is limited. Therefore, the social scene is also limited. Event enables the machine translation These limited role in society, the social scene analysis processing, translation will be able to improve the understandability credibility and While this robot suspected, but this is the trend. Since the machine translation represents the high-tech should be a breakthrough in the current information age. ii. The role of machine translation. Machine translation through a saddle-type process, PaulDeposit and flourish, today turned into a tool, the reasonIt is its role in promoting. (1)Promote social progress Human leave no stone unturned to develop and complete a machine. Is translation systems, has developed a translation software, promoted by Economic development, social progress, eliminating the language in the world among people Introduction obstacles, communicate with the entire world. (2) Improve translation efficiency With the machine translation research has improved continuously, the field of translation achieved unprecedented success. In our translation work, We can make use of a variety of translation systems or software to complete the translation task, Samples can improve the speed and accuracy of the translation, translation efficiency. (3) Promote the development of other areas Machine translation to get involved in mathematics, computer science, linguistics, translation Science and other multi-discipline areas need strong development of these disciplines, substantial based on the outcome, so as to promote the development of these areas. Fourth, the outlook on the prospects for machine translation. The birth of the machine translation system, especially to people translation, who brought hope. Although machine translation the understandability and loyalty also not ideal, but if the mathematics, computer science, translation studies and language science and other researchers in the field of work together, will make the machine translation out more beautiful flowers, bear more fruit. Conclusion In the above mentioned, if the context of the language environment and cultural context for consideration in the process of programming, will be able to make the translation discourse stronger language three functions, namely the concept of function, people interpersonal function and textual function was more prominent. It is also the author most would like to suggest, hope, serve role. It should be believed that through the tireless efforts of many researchers make machine translation. Having been properly developed, thus will be able to promote vigorous translation cause development.

Impact of Inflation and Real Wages on Labor Productivity

Impact of Inflation and Real Wages on Labor Productivity 1.1 Overview The study attempts to determine the relationship between inflation, real wages and labor productivity. Inflation is an increase in the average level of prices of goods and services in an economy over a period of time, not a change in any specific price. When the general price level rises; each unit of currency buys fewer goods and services. Output is the amount of goods and services by a firm, industry, or country. For output variable the index of value added is used. Nominal wages are the Average Annual Earning in Perennial Industries. Real wages are the wages that have been adjusted for inflation. Real wages are obtained by deflating the nominal wage index by the consumer price index (CPI). 1.2 Problem Statement The objective of the study is to find out the impact of Inflation Real wages on Labor Productivity. 1.3 Hypotheses H1. There is an Impact of Inflation on Labor productivity H2. There is an Impact of time on Labor productivity H3. There is an Impact of Real wages on Labor productivity H4. There is an Impact of time on Real wages. 1.4 Outline of the study The scope of this research was to find out the impact of inflation and real wage on labor productivity. The data was collected from state bank of Pakistan and through various websites. CHAPTER 2: LITERATURE REWIEW Malik and Ahmed, (2001) studied that Information on income levels was essential in evaluating the living standards and conditions of work and life of the employees. Since nominal income failed to explain the purchasing power of employees, real income was considered as a major indicator of employees purchasing power and was used as proxy for employees level of income. Any variation in the real wage rate had a significant impact on poverty and the distribution of income. When used in relation with other economic variables, for instance employment or output they were valuable indicators in the analysis of business cycles. The aim of the adjustment program was to increase national income or output in such a way that it resulted in fair distribution of wealth. That was, the two objectives of enhanced growth and reduced poverty were being followed through more efficient use of resources and policy instruments like exchange rates adjustment, monetary and fiscal policies, and banking sector reforms to improve cash-flow position (Irfan, 2008). The relationship between real wages and output was intricate and also inconclusive. Regardless of the truth, which method of estimation was used or which deflator was used for the real earnings the results remained the same. Only different time periods (for the manufacturing sector) have changed the cyclical nature of the real earnings. For the manufacturing sector the real earnings had turned out to be counter-cyclical. While for agriculture, transport and communication, construction and the overall economy real earnings is pro-cyclical, i.e., real earnings tend to increase with economic growth and increases in real earnings rate tend to reduce poverty. Its the other way round in the manufacturing sector. Its important to mention here that the measure of nominal earnings used for manufacturing was different from the measure used for other sectors and the overall economy (Irfan, 2008). Productivity was the fundamental determinant of distinction in living standards, often measured as GDP per capita, across countries and across regions within a country. Over a longer term, productivity growth was the only way to sustain improvements in living standards or quality of life (Krugman 1994). It provided the economic base for investment in education, environmental improvement, health, infrastructure, poverty reduction, and social security. In addition, it was a key determinant of international competitiveness. Given its importance, improving productivity had become an essential national agenda for many countries. That had led to an emphasis on understanding factors that lead to higher, or lower, productivity growth in both research and strategy (Tang and Wang, 2004). Individual industrial contributions to cumulative labor productivity increase, which often requires decomposing cumulative labor productivity increase into industrial components. When real output was additive, that is, the cumulative real output was equal to the sum of the real outputs of its industries, the decomposition was straight forward. The only problem was that the decomposition was susceptible to the choice of base year. In other words, an industrial contribution calculated based on base year t was different from that based on base year s. That takes places because output prices change over time at different paces across industries. (Tang and Wang, 2004) It was usually expected that industries with high productivity growth and thus declining real output prices attract demand and accordingly increase employment shares. Why do the observed facts in the two countries run against this expectation? One possible explanation was that income effects had reduced the demand for manufactures, which broadly speaking became a satisfied market whereas the expansion, especially of personal service, suffered from rising relative prices (ten Raa and Schettkat, 2001). Another possible explanation was that increased female labor force contribution resulted in a substitution of market purchased served for home produced services (Grubel and Walker, 1989). An industrys input from an increase in relative size to aggregate labor productivity growth could be wellbeing improving or reducing, depending on its causes. For example, if an increase in the real output price of an industry hence an increase in its relative size was caused by an increase in demand for the output of the industry (an upward shift in the output demand curve), then it was wellbeing enhancing, because it increased both consumer and producer surpluses. On the other hand, if an increase in real output price was caused by a decrease in output supply (e.g., due to a natural disaster) or an upward move in the output supply curve (e.g., due to an increase in production costs from events such as real earnings increases), then it was wellbeing reducing, because it reduces both consumer and producer surpluses. Thus, from a wellbeing perspective, failure to report for the causes of change in relative size could create a confusing perception of an industrys contribution to aggreg ate labor productivity (Tang and Wang, 2004). Taylor (1990) found that the value of productivity in an open economy was distributed among at least three parties: Profit recipients, workers and the rest of the world. There are two key nominal prices: the exchange rate, which is established by policy, and the money wage, which follows from institutional considerations. A change in one with the other constant is bound to have effects on distribution and productivity, by changing the profit share, the real wage or the real exchange rate. In an open economy in which non-competitive intermediate imports were an important component of cost, currency devaluation derived up prices and reduced the real earnings. Output reduction could easily follow if exports were not strongly elastic to exchange rate changes. When devaluation is contractionary, then money earnings increases make output to go up. Under such circumstances, a successful tight money policy that derived down nominal earnings to ratify the equation of exchange reduced output and improved the trade account. The reduction had been offset by fiscal growth, but in an orthodox stabilization attempt that has been a strange move. (Taylor, 1990) Prices did not rise before the earnings demands had been made and accepted: in a large segment of a modern economy prices were administered ones. Thus in these segments excess of demand evident itself in deficiency rather than in a rise of prices, as the over riding objective of maximizing profits over time (and the fear of price wars) keep oligopolistic competitors from meeting excess demand by increasing prices to the short-run maximum. Thus there were always un-liquidated monopoly increases which permit earnings increases (and which would be taken once a general increase of costs reduces the inhibition against raising prices (Balogh, 1958). A detailed analysis of production, productivity, earnings and prices, both in domestic and in international dealings, irresistibly and increasingly leads away from the explanation of the continuous raise in current prices here and somewhere else by the excess of money demand, and in particular by the raise in the volume of money. Separately no entrepreneur could grant wage increases as it was difficult to bypass the addition to costs by increasing prices. But if all (or most) entrepreneurs were faced with almost the same wage demands, and react to them in more or less with the same manner, experience has taught that it was safe to agree to those demands: it was the increase in income due to the wage bargain (including of course the increased profit) that provided the additional demand required to sell output at the improved price. There was no need to hypothesize a hidden, unspent or dormant, excess demand which became active. The myth of those who were looking for the unseen and unseen able was that all applied the ceteris paribus (With all other factors or things remaining the same) method to a situation where it was changed by itself because it was of a limited and not of a minute magnitude. Provided that the process was general, as it was, and repetitive, as it was bound to be, if single earnings good dea l overshoot the average, as they were bound to do, there was nothing to stop it from speeding up its velocity as anticipations of further earnings and prices increased enlarge speculation (Balogh, 1958). CHAPTER 3: RESEARCH METHODS 3.1 Data Collection The data was collected from state bank library and searched through various internet search engines e.g. jstor and Google scholar for articles, index mundi and UN website. 3.2 Sampling Technique Convenience sampling was used as data was not collected from the companies but it was collected from state bank of Pakistan. 3.3 Sample Size: 30 annual observations of real wages, inflation and labor productivity are taken for this study. 3.4 Research Model The following research model was used Labor productivity = ÃŽÂ ± + ÃŽÂ ² (real wage) LP= -1.472E12+3.3909E11RW 3.5 Statistical Technique Regression analysis was applied. CHAPTER 4: RESULTS ANALYSIS 4.1 FINDINGS AND INTERPRETATIONS H1. There is an Impact of Inflation on Labor productivity. Table 4.1 ANOVA Sum of Squares Df Mean Square F Regression 6.022E21 1 6.022E21 .001 Residual 2.623E26 27 9.713E24 Total 2.623E26 28 The independent variable is CPI inflation. Impact of inflation on labour productivity is studied through curve estimation. As data was not normal, linear, ln , exponentiate , inverse transformation was applied. Significant relationship was not found even after applying transformation as it is evident by the sig value of .98 which is greater thatn .05. H2. There is an Impact of time on Labor productivity Table 4.2 Model Summary R R Square Adjusted R Square .998 .995 .995 The independent variable is YEAR. Table 4.3 ANOVA Sum of Squares Df Mean Square F Regression 81.851 1 81.851 7528.575 Residual .391 36 .011 Total 82.242 37 The independent variable is YEAR. Table 4.4 Coefficients Unstandardized Coefficients Standardized Coefficients t B Std. Error Beta YEAR .134 .002 .998 86.767 (Constant) 2.282E-104 .000 . The dependent variable is ln(All Industries output). There is a positive impact of time on labour productivity. Sig value is less than .05 therefore it is significant. It means there is an Impact of time on labour productivity. Its constant value is H3. There is an Impact of Real wages on Labor productivity. Table 4.5 Model Summary R R Square Adjusted R Square .862 .743 .732 The independent variable is realwage. Table 4.6 ANOVA Sum of Squares Df Mean Square F Regression 7.068E25 1 7.068E25 69.357 Residual 2.446E25 24 1.019E24 Total 9.513E25 25 The independent variable is realwage. Table 4.7 Coefficients Unstandardized Coefficients Standardized Coefficients T B Std. Error Beta ln(realwage) 3.909E11 4.694E10 .862 8.328 (Constant) -1.472E12 4.929E11 -2.986 LP= -1.472E12+3.3909E11lnRW As its sig value is H4. There is an Impact of time on Real wages. Table 4.8 Model Summary R R Square Adjusted R Square .728 .529 .510 The independent variable is YEAR. Table 4.9 ANOVA Sum of Squares Df Mean Square F Regression 244.833 1 244.833 26.998 Residual 217.648 24 9.069 Total 462.481 25 The independent variable is YEAR. Table 4.10 Coefficients Unstandardized Coefficients Standardized Coefficients t B Std. Error Beta YEAR .409 .079 .728 5.196 (Constant) -805.624 156.901 -5.135 Sig value is less than .05 therefore it is significant. It means there is an Impact of time on Real wages. Its F value is 26.99. Its Adjusted R Square is .510 4.2 HYPOTHESES TESTING After applying the statistical test and based on the p (sig.) values, researcher has obtained all the tables and results have been provided in the following table three hypotheses were accepted and one hypothesis was rejected. 4.2.1 ACCEPTED HYPOTHESES H2, H3 H4 is the accepted hypotheses. 4.3 HYPOTHESIS ASSESSMENT SUMMARY Table 4.11 Hypothesis R Square F Significance Value Empirical Conclusion H1: There is an Impact of Inflation on Labor productivity .001 .98 Rejected H2: There is an Impact of time on Labor productivity .995 7528.57 .000 Accepted H3: There is an Impact of Real wages on Labor productivity .743 69.357 .000 Accepted H4: There is an Impact of time on Real wages. .529 26.998 .000 Accepted CHAPTER: 5 DISCUSSIONS, IMPLICATIONS, FUTURE RESEARCH AND CONCLUSIONS This study empirically tested the relationship of inflation, real wage and labor productivity Inflation and real wage were the measures which are the predictors of Labor productivity. Initial estimation was that there is an impact of inflation on labor productivity, there is an impact of time on labor productivity, there is an impact of real wages on labor productivity and there is an impact of time on real wages. Jarret and Selody (1982) had considered that inflation and productivity growth are negatively related. Inflation diminished the incentive to work, distorted the informational content of relative price levels, and contracted tax reductions for depreciation. Studies suggested there was a negative relationship between inflation and productivity. It was assumed that there is a positive relationship between real wages and productivity because higher real wages increased the opportunity cost of job loss and stimulated greater work effort to avoid job loss. That positive relationship was also assumed because higher real wages put upward pressure on labour costs and cause firms substituted capital for labour, thus increasing the marginal productivity of labour (Wakeford, 2004). The results supported the conclusion that inflation has no effect on the labor productivity as its analysis showed it is not significant after applying regression analysis. Real wage have significant impact on labor productivity and real wage have positive relationship with labor productivity. Its results showed that relationship between Real wages and labor productivity is significant and 74% of variation (table 4.5) in labor productivity was explained by Real wages. Where as time has a positive relationship with real wage as well as with labor productivity. Further research should be carried out to study the relationship of inflation and labor productivity in the future as other variables (which could have relationship with inflation) are not included in this research.