Public Relation Sector Feasibility Study on the Gulf Region Research Paper

Public Relation Sector Feasibility Study on the Gulf Region - Research Paper Example has grown over the years in the gulf region, being useful in sectors like charity and consultancy, where firms are seeking to build their image in the eyes of the public and make the most out of public relations. This report attempts to identify the correlation between the charity sector and public relation for the consultancy sector exemplifying their potential as a career option for practitioner using sector analysis. Although the size of the public relations in the charitable sector is currently small in the Gulf region with 78 nonprofit organizations (Özbilgin & Healy, 2003, p. 23), there are notable trends that point out to the increasing size and the need for public relations in this sector. The current small size may be owed to the previous notions that undermined the role of public relations in charity. Many organizations relied on crude means of publicizing their communications, instead of employing professional services to cater for such needs (Benthall & Bellion-Jourdan, 2003, p. 34). However, the art of public relations has been popular in the last decade and is increasingly used by most organizations. The value of public relations in the sector is enormous and there is increasing need to build good relationships as well as foster cooperation with other players in the industry (Hitchins, 2006). In the Gulf region, charity organizations need to employ strategic public relations as a means through which they communicate their valuable information to the public to help them understand what the organization does, its missions and objectives. One of the major players in the industry is Charity PR, an organization geared towards popularizing the art of public relations in charity organizations, as well as addressing key challenges that have faced the sector in the last few years. The key stakeholders the run the charity sector in public relation include government through agencies, the nonprofits organizations, public benefit authorities (PBA) and private

The Current United States Recession Research Paper

The Current United States Recession - Research Paper Example If the GDP decreases, it is a clear indication that the economy is performing dismally. Other indicators include national and personal income, and if these reduce, it is an indication of a recession. The retail sales reflect the purchasing power of consumers, so if there is a decline in retail sales, the country is likely to witness a recession. Evidence of a recession can be witnessed from a decline in government taxes due to the fact they are obtaining less taxable income and buying fewer goods that can be taxed. In the construction industry, the effects of the recession are felt when the sales of the houses drastically reduce. The construction industry is a segment of the financial system that is prone to recession. In the event a recession occurs it will be manifested in this industry. The purchasing power of consumers diminishes. The active growth seems to be slowed down near stagnation. Construction work therefore slows down due to the slump in the sales of the houses (Roubini, 2008). This in turn renders a lot of workers jobless. Expansionary fiscal policies have tried to limit the damage in conjunction with bailouts and government funds. With the recession, it is quite evident that the construction sector will face an extremely demanding task and it also threatens to limit any construction activity in the near future. Even despite the fact that the government is enthusiastic on prioritizing some of the infrastructure projects the spending cuts limit the job security for most of the construction workers. Additionally, the house building activity is likely to be restricted by the weak housing market activity and low house prices. The recession forces the prices of the houses to decline due to low purchasing power. In the society as a whole, the labor market is likely to decrease due to the lack of employment; consumer confidence is likely to diminish as they will be uncertain if they will be able to pay for the house once they are jobless (Cline, 2005). I nvestors in the construction industry are likely to pull out for fear of losing their money. Consumer spending is down to 4% since the recession began and the retail sales volumes have remained resilient. The recession has taken its toll on the labor market as the employment rate has fallen to 70%, which is much lower than in the previous quarter. The long term jobs are expected to be subdued. Apart from the public housing sector, the private sector also felt the effect of the decline on the economy. Due to the house price uncertainties and strict mortgage lending there has been a reduction in the sales. Buyer are opting for the â€Å"wait and see† approach to see if the prices can be reasonable. Objective 2 With reference to the business cycle, economic growth is not a steady phenomenon; rather it follows a specific pattern. These include an expansion of above average growth, a peak, a contraction of below average growth and a low point. The troughs are followed by periods o f expansion and the cycle generally repeats itself, though not in a usual manner (New York Times, 2010). The fluctuations in economic growth are regarded as the business cycle. The business cycle is related to the economic activity which is a popular indicator of the GDP. Economists generally consider two consecutive quarters of negative GDP growth to act as an