Holmstrom, et al.

Holmstrom, et al. On Friday, I attended a Undergraduate Economics Association(UEA)-sponsored lunch with Professor Bengt Holmstrom, the head of the MIT Economics Department. Not too shabby. Professor Holmstrom spoke about different routes to take in life, and how we should do things that we like, not necessarily things that we are expected to do, etc. and then when he spoke about research he said, The one thing all the sciences have in common is that there are still no answers to the most basic questions. Physics, biology, economics they all wonder the same things they wondered 200 years ago. Heh. While googling Holmstrom for this entry, I found this juicy bit of information: Hes on the Board of Directors for Nokia! Nice. Professor Holmstroms economic research focuses on incentives and the organization of firms, inspired by his work straight out of undergrad when he was in Finland. Anyway, his term as department head ends this summer, when he will be replaced by Professor James Poterba, pictured below: You may think its repetitive for me to post two pictures from C-SPAN (see Spam?) but you are so wrong. Poterba serves on the bipartisan Presidents Advisory Panel on Federal Tax Reform. He is married to the economist Nancy Rose, who is my 14.20: Industrial Organization professor. Their children will probably grow up to run the world.

Tips for Finding a Great Deal on a Used Car

Tips for Finding a Great Deal on a Used Car Tips for Finding a Great Deal on a Used Car Tips for Finding a Great Deal on a Used CarThere are many traps out thereâ€"like sketchy salesmen and deceptive price tagsâ€"that can turn buying a used car into a profoundly spendy experience.Cars are one of the biggest expenses in our lives, as well as one of the largest industries in the United States. In 2017, Americans purchased more than 17.4 million cars and trucks. They can cost thousands per year just to own, operate, and maintain.No wonder buying cars is an extremely stressful process. But don’t worryâ€"we’ve got your back in making the best decision possible with this guide.Shop before your car breaks down so you can compare.Car salespeople can smell desperation like no one else. If your car has broken down and you can no longer drive it, they know you need a car ASAP. Therefore, they will be pushier and less likely to budge on price.You should start shopping for cars near the end of your car’s life, but before a breakdown happens. That way, you have time to comparis on shop, haggle, and make a decision about the best deal for you. Plus, youll still be able to get a couple hundred bucks for the trade-in.Consult the Consumer Reports Car Issue.Once you’ve decided it’s time to shop for a car, it’s time to do your research.The Consumer Reports Car Issue does reviews of used cars and lists details about the features and how they compare, along with price ranges.Another thing to research is the annual maintenance costs of different makes and models. Some cars have a reputation for requiring frequent and costly repairs. They may be offered at a lower cost up front, but the expensive maintenance will catch up with you and make the car less of a deal.Once you’ve narrowed down your list to the cars that you’re interested in, be sure to do research on everything about those cars, including warranty information. Often, salespeople get the details mixed up and you could be misled about certain facts.Doing your research will also help you detect man ipulative salespeople. If you know what you’re talking about, and they are saying something that contradicts what you know, that should be a red flag. It doesn’t mean you have to walk away, but it’s a reason to be more careful.Search on used car sites.There are many sites, such as CarGurus.com, that are designed for comparison shopping used cars. They’re extremely useful, and you can put in specific filters for make, model, year, mileage, location, and more.This tool will at least give you an idea of what to expect in your area.However, dealers and used car lots often tack on additional fees to the online price. While the online listing may give you an idea, you still need to go into the shops in order to truly compare prices.When looking at the car, be sure to ask for a deal sheet with a bottom line price. You can hold onto this sheet in order to haggle with other dealers and to prove the price a salesperson quoted you should you return to buy the car.Compromise on appearan ce and features.When buying used, you won’t have the pick of the litter when it comes to choosing the colors and details of your car. If you get attached to a certain car color, you might end up paying a higher price than the same car with the same condition of a different color.It’s also useful not to get caught up in looking for cars with certain features such as Bluetooth radio or automatic lights. If such a feature is important to you, research how much it costs to get that feature added later. It’s likely only a couple hundred dollars. It’s not worth passing up a car that’s $1,000 cheaper because it doesn’t have the $200 radio you want.Another thing to not weigh heavily is small surface-level dings. In fact, a car with a tiny dent or some damaged paint that doesn’t affect the function of the car might be a better deal because cars with cosmetic issues will be priced lower.Haggle.Here’s the fun part of used car shopping: haggling. Many salespeople are willing to haggle, even if they tell you when you walk in that they’re already giving you their lowest price. But don’t make the mistake of being too aggressive. You can’t force a salesperson to offer a lower priceâ€"if they want to, they will at the slightest sign of hesitation.Haggling is more simple than you think. All you have to do is let the salesperson know what price you are willing to pay. Say something like “Here’s the offer that I would like to make.” They will say yes, counter with another offer, or say no. If they say no, accept their response and walk away. It’s always possible that they will call tomorrow and give you a lower price, but they won’t if you become angry or insistent.Another option is to tell the shop that you are undecided between their car and another car. Show them the deal sheet for the other car to prove that it’s a similar or lower price. You could also say, “I like this car better but the other car is cheaper.” If they want to give you a nother offer, they will.This is a good option for people who are nervous about haggling. This writer tried this method when shopping for her last car, and after hearing about the other car, the salesperson fetched the manager, who asked what he could do to convince me to buy the car today. She named a price and he gave her the price she wanted.Consider trying dealerships instead of used car lots.Car dealershipsâ€"that is, shops that sell mostly new carsâ€"are more likely to haggle on a used car. Dealerships get used cars on their lot when people trade in old cars for new ones. They don’t want to deal with these cars because they might not be the brand they are used to selling. They aren’t as profitable as new cars. They’re so eager to get rid of them, they are more happy to haggle.Used car lots make used cars their business. They want to get as much profit as possible from every car that crosses their path. They price used cars carefully and are less likely to budge on price.D on’t be scared by a salesperson telling you the used car is one of a kind.If youve ever gone shopping for used cars, then youve probably heard this line: “Because it’s used, this car is one of a kind, and I can’t guarantee it’ll be here tomorrow.”While technically true, this line is simply an attempt to create a sense of urgency. They want you to buy it right now instead of taking your time and comparison shop. Don’t let it work on you.If the car sells, you won’t find a clone of that car, but you will be able to find a similar deal. Don’t let salespeople rush you to purchase before you’re ready.Discuss your financing options.Be smart about the financing options you sign up for after you hand over your down payment. Some financing is better than others, and some will involve interest rates that turn the great deal you just found into a bad one.For example, if you purchase a $7,000 car, and put $1,000 down, and the interest is 4.5 percent, over a standard 60 month return period the car will ultimately cost you $7,720.If you get an interest rate on a loan that’s more like 10 percent, then the ultimate cost will be $8,620.Struggling with your credit doesn’t mean you don’t have options. Be especially careful about avoiding predatory loans, such as payday loans, cash advances, or secured bad credit loans.This means you have to consider your financing options as a part of that bottom line deal. If a more expensive car comes from someone offering you a better financing option, it could still be the best deal for you.By following these tips, you can expect a smooth car-shopping experienceâ€"at least as smooth as handing over thousands of dollars and choosing the car you’ll spend the next several years driving can be. To learn more about car-related financial issues, check out  these other posts and articles from OppLoans:Should You Get Dealer Financing?Car Maintenance Tips That Will Save You Money Down the RoadCan Renting a Car Affect Your C redit?Are Cheap Tires Safe Enough to be Worth the Savings?Do you have a personal finance question youd like us to answer? Let us know! You can find us  on  Facebook  and  Twitter.  |Instagram

Anthropology And The Study Of Culture - 1221 Words

1. Anthropology and the Study of Culture a. The field of anthropology that I find to be most interesting is anthropological linguistics. Personally, I believe this subdivision is so interesting because it is so diverse and covers so much ground on how our language and others have evolved over time. Ranging from early cave writings, to sign language, to the language and slang we all know and use today, language among not only our cultures but also others have vastly changed and there is proof of this that dates back to ancient times. The mere complexity of our current language is beyond what past civilizations could have even imagined it would come to be. What I find to be very interesting is the fact that even today our upbringing, social class, or cultural norms, can define how we speak. For instance, there are certain slangs or terms that someone may say because they were brought up around people who spoke using that kind of language. While this is true for some, but not all, children of an upper class parents may grow up speaking very formally, and be taught to not use any slang or vulgar words. They continue using this vocabulary further on in life because it is what they were taught to do. This can also be applied to any other social class, or even differ between people from different geographic locations. Linguistics is often learned and adopted from generation to generation and from civilization to civilization. b. A person who studies anthropological linguisticsShow MoreRelatedAnthropology Is The Comparative Study Of Human Societies, Cultures And Their Development Essay1651 Words   |  7 PagesAnthropology is the comparative study of human societies, cultures and their development. There is a need to understand various human aspects both in the past and in the present which has led to a massive growth in the field. Cultural anthropology specifically analyses the norms and the values of societies (Bodley, 4). Anthropologist should have a strong understanding of the interactions that exist between human beings and their environment. It is important for anthropologist to carry out case studiesRead MoreAnthropology : A Study Of Humanity1202 Words   |  5 PagesGenerally, anthropology can be defined as the study of humanity. This includes every aspect of the human condition: language, history, culture, biology, past and present. Anthropology is all encompassing and due to its breadth, it can be considered both a study in humanities and science. However, anthropology is easily distinguishable from both hard sciences and humanities. The aspects that distinguish anthropology lie mostly in the methodology that anthropologists use to study human beings. MethodologyRead MoreAnthropology : Anthropology And Cultural Anthropology1472 Words   |  6 PagesWhat is anthropology? This is a question that can be answered in numerous ways, but we are going to define it as simple as possible. If we break the word down into its two components it means the study of human beings. â€Å"Anthropo† means human beings or human kind and â€Å"logy† or â€Å"logia† is Greek for the study or knowledge of something. When we put it all together, it is the study of human beings which can be very broad. Anthropology can be broken down into four subfields: physical anthropology, archaeologyRead MoreWhy Do We Study Anthropology?863 Words   |  4 PagesWhy Study Anthropology? Intro: The study of anthropology is important because it gives the public insight as to why people act the way they do. By studying anthropology the world can have a better understanding of different cultures and why people have different norms and values. If people have more insight on why individuals act the way they do we can appreciate and respect peoples’ choices more. For instance, instead of people looking at hijabs as a restricting clothing item that women in theRead MoreImportance Of Time, Context And Material1309 Words   |  6 PagesARC1 Supervision (Monday, 20 October) Daniel Orvomaa Discuss the importance of time, context and material culture in archaeology. Which of these three, based on your analysis of their use in archaeology, is most important to the distinctiveness of archaeology as an anthropological discipline? Introduction If we were to imagine all the humanities, and especially the anthropological disciplines at the centre of them, together with the natural sciences trying to form some sort of grand narrativeRead MoreApplied Anthropology: Domains of Application Essay1502 Words   |  7 Pages Applied Anthropology is difficult to fully implement into a being’s existence. When using applied anthropology, many factors must be taken into account such as the Darwin approach, theological approach, or any other specialized field of anthropology. All can have an effect on human culture and relationships, but all have their benefits and harms that can behoove or dismay a human individual in their field of study. The study of humanity is unfortunately as fallible as humanity itselfRead MoreAsdfghjkl894 Words   |  4 PagesSociology of Children * Sociology of Culture * Sociology of Education * Sociology of Emotions * Sociology of Law * Sociology of Mental Illness * Sociology of Population (a.k.a., Demography) * Sociology of Religion * Undergraduate Sociological Education Anthropology is the study of humans, past and present. To understand the full sweep and complexity of cultures across all of human history, anthropology draws and builds upon knowledge from the socialRead MoreThe World A Global Village1644 Words   |  7 Pageseveryday basis, which affect organizations, relationships, culture and other dynamics of human nature. In fact, different changes have different effects on people, but the fact remains that society is a changing structure. Historians and sociologists have attempted to account for the changes that have taken place and are still taking place at rapid rates (Duranti, 45). The lack of a fixed process in society has forced anthropologists to study humans and the mechanisms of societies across the world.Read MoreEssay about The Study of Anthropology and the Humanities1361 Words   |  6 Pagesmultidisciplinary field of study where its disciplines aren’t in just one department. Therefore, studying the humanities correlates t o the study of anthropology. Simply put, anthropology is the study of humanity and the origins of human beings. Learning about the humanities can help those studying anthropology because the humanities looks into understanding and exploring the human condition. There is an idea of culture that is used to describe what humans do. Anthropology explores what culture is, how it influencesRead MoreAnthropology Essay : The Importance Of Anthropology1622 Words   |  7 PagesThe Importance of Anthropology Anthropology is a scientific field that seems to be largely misunderstood by the general public. Many people hear the word â€Å"anthropology† and think of an old man with a magnifying glass looking at some dusty old fossils. In reality, anthropology is much more broad than archaeology, which people normally associate with it. Forms of anthropology are used in many aspects of daily life from advertising to law enforcement. Anthropology is difficult to define, as it is extremely

Employee performance and motivation in organizations, a brief review - Free Essay Example

Sample details Pages: 5 Words: 1490 Downloads: 9 Date added: 2017/06/26 Category Management Essay Type Analytical essay Did you like this example? Introduction: The assignment requires us to select a topic; identify two associated peer reviewed journal articles, and make our own comparative analysis of them in relation to the topic. The topic selected is the The relationship between retention of the employee and the employees motivation. Accordingly two articles were selected Performance and Motivation prepared by Alfred W. Don’t waste time! Our writers will create an original "Employee performance and motivation in organizations, a brief review" essay for you Create order Huf III, and Employee retention and turnover: Using Motivational Variables as a panacea, by Michael O. Samuel and Crispen Chipunza. The author of the first article says that this main aim is to look at the link between performance and motivation. This article mainly considers the employees perspective, and how they have performed in relation to improvement in the quality of their working life. Most of the cases in the article show how performance can be kept at a top level, getting the best from each employee. Motivation always follows the standard of the leadership, and if there is a good leadership in the organization there will be top level motivation as well. This article also discusses how employees are motivated by having non-cash rewards and / or the cash rewards. Importantly, it also describes that there are contradictions in the work of a few major policy makers such as Herzberg, Maslow, and Taylor. The author shows and discusses the facts regarding this matter. The au thors of the second article Employee retention and turnover: using motivational variables as a panacea aim to emphasize research that tells the story of why the people working in an organisation are leaving. It describes intrinsic and extrinsic factors that will influence the turnover of employees in the workplace. And for this the authors have chosen a few organizations and have focused research regarding this. They have also identified the motivational factors that affect the turnover and the retention of staff. So this is a research based article that will guide us to consider the important factors of motivation and the turnover or retention of employees in an organisation. It is often hard to keep skilled employees in an organisation. We have to provide many incentives and many rewards to retain these people. So, motivational factors are the most important factors to be considered in any kind of organization. In this article the authors have shown some theoretical and practical factors that influenced the turnover and retention of employees. As it very hard for mangers to retain their skilled employees in the organisation, a good plan is needed which has to be worked hard at. With this understanding we can also identify certain similarities as well as disparities in these two articles. This report will provide more specific analysis of them. Comparative Analysis: In the first article, Performance and Motivation; the author is mainly aiming to identify the link between motivation and performance within large organisational behaviors. He suggests that is really essential to improve to improve motivation and so reduce the turnover in the organization. But in the second article Employee Retention and Turnover: Using Motivational Variables as a Panacea. The authors discuss the motivational factors or the variables that will keep the workers in the organisation, and affirm how important it is to keep the skilled workers bonded to the organisation. So the two articles share the focus on the motivation and the retention of skilled workers. In the first article the few case studies which will guide us to identify some factors that are important to understand the motivational factors in an organization are discussed. It also describes the theoretical comparison. The non-cash rewards can be a vital part of employees motivation. The author of the first article suggests that the non-cash rewards such as flexi time, goal based incentives, and rewarding the employee of the month will motivate rather more than giving an amount of money to the workers. It is also said that communicating this among the employees is the most important part of motivating them. So these kinds of rewards may lead to the top performing employees remaining in an organization. In the incentive packages they offer the authority can consider that giving merchandise awards is more effective than giving top seller trips. In weekly or monthly meetings the authority can decide to offer such awards to the top sales teams or individuals as a motivation tactic. This falls into the category of motivation by no-cash rewards. The author also identifies another critical motivational factor, i.e. employees being asked to suggest, or demonstrate, change that could be made to improve performance. This is crucial, particularly if an employee is looking elsewhere f or a better offer, as it gives the opportunity to explain their need to look elsewhere, and to suggest what might improve their immediate situation. It also gives people who are performing well the opportunity to negotiate incentives. Within such a culture, one in which the need to perform well is encouraged, employees have to worry less about employees turnover. And there is one thing that arises in the article that the relationship between employer and employee is so important to the retention of employees. This can be done by having a conversation with the employee and the employer. The employer can ask the stories that the bad and the good situation from the employees of their life. So this will create a big bond between the two parties and the employee may unable to bargain incentives after this kind of conversation. And finally an important motivational factor is identified in the latter part of the article. The motivating language used by the leader or the manger when t aking to employees is one of the most powerful ways in such better motivation and high work performance can be encourage. As we can see, the above factors can be used as motivational strategies in an organisation. So, it is important to consider the other well-established factors in the second article to compare the linkage between the two articles. We have found in the second article that the authors state the theoretical aspects of the motivation. They propose that Herzberg has defined some motivational factors that can be taken into consideration. He defined the intrinsic variables as achievements, recognitions, advancements, responsibility, work itself and the growth of employee. These are some of the most well-known motivational factors that can be used to retain employees. However, the article also states that extrinsic factors also may have some influence on the retention and turnover of employees. The factors we have identified in this article are: competitive salar y, friendly working environment, better interpersonal relationships and, the most important, job security. According to the article the most effective employee retention strategy would be the combination of both intrinsic and extrinsic variables. This article is focuses on linking the literature of motivational factors with current practical knowledge, and constructs a model to describe the entire story of why the employee, turnover and retention happen. The second article distinguished many practical factors that directly affect the motivation and retention of employees. So we can identify some extrinsic and intrinsic motivational factors that influence employee turnover and retention. The following motivation variables appear to have significant influence over employee motivation, retention and the turnover as well. Training and development Job security Sense of belonging to the organisation Interesting / challenging work environment Freedom and encourageme nt of innovative thinking Performance based promotion rather than automatic seniority. Building a life-long relationship Work autonomy. . Conclusion: As discussed in the study, there are many motivational factors that can be identified from the two articles. The major findings from the first article identify the theoretical aspects of how motivation could be used to develop better performance in an organisation. It also specifies the motivational factors that are related to the cases explored, and this is the essence of that study. Some motivational factors identified in the article can be very important to the performance of the workers. The main motivational techniques discussed in this article are goal incentives, flexi time, employees of the month, merchandise award, top seller tips and language to employee. Basically, this article gives emphasize on motivational factors for maximize the employee performance. The second article identifies practical approaches to the development of the motivation that will reduce turnover and retain the skilled workers in the organization. Some important factors related to growth in the organisation can also be identified in the article, factors which are required in order to retain skilled workers; meanwhile employees can be given wider experience and offered further training. In this article it becomes clear that certain motivational factors are crucial in influencing the employees decisions. Analysis of the two articles leads to the conclusion that, though approaching issues of motivation and retention of employees from different directions, both agree that training and development, a competitive salary package, job security, work autonomy and recognition / rewards are the main motivational variables that will influence workforce stability, increase ability, higher skill base, and better performance in the workplace.

The Effects Of Global Warning On The World - 1208 Words

In truth before taking this class I never really cared about the environment, sure I would hear the occasional uproar about the effects of global warning or the growing hole in the ozone layer, however, it was always a non-factor. My passion has always been humans, their problems were my problems and I am always looking for a way to make their lives better. So, the planet may have been dying the ice caps may have been melting however I always believed that one day humans would solve the problems we had created. So whenever anyone mentioned the damage we had done and continue to do, I always shake it off. However, after taking this class, I now realize how important the environment is to human life, for this a future generation. Modernity†¦show more content†¦However, over time industrialization would have a dangerous effect on the world’s environment. During the Industrial Revolution would see an increase I environmental pollution, as new sources of fuel were burned such as coal, which fueled factory furnaces, machinery, and steam engines. (Glover 200). As the years continued countries such as Spain, the U.S and the rest of the west would begin to Industrialize, and the increase in pollution would grow exponentially. The movement from an agrarian-urban pattern of life to industrialize city and towns. A blanket of smoke would fill the air, composed of carbon dioxide, nitrogen, and other harmful substances. Today nearly  ¾ of the world countries are industrialized and with new because of this, industrialization has created more carbon emissions than the trees and oceans can absorb and the consequences of this is global warming, according to the text Patterns of World History â€Å"Until about the last quarter of the twentieth century the carbon footprint of these countries had risen from 280 parts per million (ppm) pounds---commonly called â€Å"greenhouse gases†Ã¢â‚¬â€to 330 ppm. Between 1975 and 2010 the concentration of greenhouse g ases in the atmosphere climbed to 380ppm.† (Sivers, et. al., 1134) Showing that through the emissions of these gases the world is getting hotter. The consequences of a hotter world are changing weather patterns, the melting of glacier causing sea levels to rise , the continued

Belonging the Crucible, Lord of the Flies and Animal Farm

Without comprehension one cannot fully belong, but with comprehension, belonging will thrive. If you do not understand someone or their beliefs or someone does not understand you or your beliefs it is not likely you will feel like you completely belong with them. In Arthur Millers The Crucible intolerance, hysteria and suspicion, greed (for wealth, land, power)and corruption of power turns a town against each other and highlights the different groups in the town and how they are linked or exiled from the rest of the town and how better understanding of each group could effect this. In Lord of the Flies by William Golding the different views and beliefs of Ralph and Jack and the need for power in both boys’ segregates the group and†¦show more content†¦When someone’s greed is not controlled it can lead that person down a very destructive path which is exactly what happened in Salem, with more understanding from the town this death path or greed could have been stopped by the Salem town’s people. The Witch trials would not have happened if it was not for the corruption of power Abigail had power over the other girls who were dancing in the woods and she maintained this power by threatening them â€Å"And mark this. Let either of you breathe a word, or the edge of a word about the other things, and I will come to you in the black of some terrible night and I will bring a pointy reckoning that will shudder you.† Abigail understands completely the ramifications of being found guilty of witchcraft and admitted to dancing in the forest but threatens the girls not to tell anyone about her drinking a potion in order to kill Elizabeth proctor. Reverend hale corrupts his power unknowingly, as he believes that Abigail and the girls are telling the truth, his image as a well educated Godly man makes him the perfect model for the towns people to mold their opinion of the witch trials from. â€Å"Let you not mistake your duty as I mistook my own. I came into this village like a bridegroom to his beloved, bearing gifts of high religion; the very crowns of holy law I bought, and what I touched with my bright confidence, it died;Show MoreRelatedRastafarian79520 Words   |  319 Pagesutilized to produce bananas and coffee. As a result, the peasantry that had emerged after emancipation became increasingly landless and â€Å"agroproletariat,†1 having to sell their labor for the meager wages offered by big estates (mostly sugar and banana farms). Furthermore, the expulsion of squatters from government lands in the rural areas led to an urban explosion as many moved to the city in search of work. As usual, urbanization was accompanied by massive levels of unemployment and sprawling slumsRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesapply the relevant information to the question or case at hand. You might think it difficult to argue against this (what manager would say decisions shouldn’t be based on evidence?), but the vast majority of management decisions are still made â€Å"on the fly,† with little or systematic study of available evidence.13 Systematic study and EBM add to intuition, or those â€Å"gut feelings† about what makes others (and ourselves) â€Å"tick.† Of course, the things you have come to believe in an unsystematic way are notRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 Pagesusually was judged and measured by the depth and capability and hard-asset credentials of the company’s management. That, of course, remains critically im portant. However, American companies whose performance most readily slipped in the economic crucible at the beginning of the twenty-first century (and whose recovery was among the slowest) seemed to rate highest in hard-asset terms compared with the many companies with a higher mix of soft-asset management strength, whose results were far better

Eighteenth President Ulysses S Grant Fast Facts

Ulysses S Grant attended West Point but was not impressive as a student. After graduating, he fought in the Mexican-American War as a Lieutenant. However, after the war he retired to become a farmer. As in a lot of his personal life, he did not have much luck. He didnt rejoin the military until the start of the Civil War. He started as a colonel but quickly rose through the ranks until President Abraham Lincoln named him as the Commander of all Union forces. He would then move on to become Americas eighteenth president.   Here is a quick list of fast facts for Ulysses S Grant. For more in depth information, you can also read the Ulysses S Grant Biography. Birth: April 27, 1822 Death: July 23, 1885 Term of Office: March 4, 1869-March 3, 1877 Number of Terms Elected: 2 Terms First Lady: Julia Boggs Dent Nickname: Unconditional Surrender Ulysses S Grant Quote: My failures have been errors of judgment, not of intent. Major Events While in Office: ReconstructionTranscontinental Railroad Completed (1869)Black Friday Scandal involving James Fisk and Jay Gould (1869)Fifteenth Amendment Ratified (1870)Credit Mobilier Scandal (1872)Panic of 1873Whiskey Ring Scandal (1875)Belknap Bribery Scandal (1876)Battle of Little Bighorn (1876) States Entering Union While in Office: Colorado (1876) Related Ulysses S Grant Resources: These additional resources on Ulysses S Grant can provide you with further information about the president and his times. Ulysses S Grant BiographyTake a more in depth look at the eighteenth president of the United States through this biography. Youll learn about his childhood, family, early career, and the major events of his administration. Civil WarUlysses S Grant was the commander of Union forces during the Civil War. Learn more about the war, its battles, and more with this overview. Top 10 Presidential ScandalsUlysses S Grant was president during three of these top ten presidential scandals that occurred throughout the years. In fact, his presidency was marred by one scandal after another. Reconstruction EraAs the Civil War ended, the government was left with the job of mending the horrendous rift that had torn the nation apart. The programs of reconstruction were efforts to help achieve this goal. Chinese-Americans and the Transcontinental RailroadChinese immigrants had a huge impact on the history of the west in America. They were instrumental in the completion of the railroads, despite intense discrimination from fellow workers and bosses. Chart of Presidents and Vice PresidentsThis informative chart gives quick reference information on the presidents, vice-presidents, their terms of office and their political parties. Other Presidential Fast Facts: Andrew JohnsonRutherford B. HayesList of American Presidents