The U.S. is considered a rich country due to its large pool of services and goods. There exist various resources such as forest, metal, water, land among others, and human capital (skills, technology, and knowledge) which assist in boosting growth of the economy in the nation. Even in an abundance of land, there can be scarcity as resources or goods are limited while the human wants are countless. Therefore, it cannot be the case that people can acquire everything they want at the prices they pay. There will always be periods where citizens cannot afford what they need or acquire what they want due to goods and resources’ scarcity.
Higher learning in the U.S. is costly, and therefore higher education institutions should give full or partial scholarships to learners and additionally attract sports students to the institutions. However, due to the schools’ terms and conditions by the National Collegiate Athletic Association, schools should find other ways to capture the attention of students looking for schools to undertake their higher-level learning.
The procedure followed by students in selecting where to receive their higher learning seems substantial and confusing with much distinctive and influential considerations such as geographical placement of the university, weather conditions, and academic performance. However, the selection procedure may also depend on only one of the many factors considered. Regarding the immense process, the procedure of recruiting students in colleges has become vastly expensive and firm. In addition to the above complications, a body known as the National Collegiate Athletic Association (NCAA) gives out terms and conditions on how to operate athletics in higher educational facilities in the U.S. With the increase in competition for higher ranking athletes and escalating problems in students’ recruitment process, higher educational centers must introduce recruitment ideas that rely on characteristics that are deemed as crucial by athletics students in their choice-making processes.
How University Coaches, Administrators, and Alumni Can Lure College Athletes to Prioritize Their University Over Others
There are many ways which an institution can use to lure athletes into making the university a priority over others. First of all, the reputation of the institution must be made a prime concern by management, students and the entire fraternity (Czekanski & Barnhill, 2016). Other factors to consider are medicinal amenities, food amenities, training amenities, the reputation of the athletes’ trainer, hostels, and care amenities. A university should show all their distinctive systems to the athletes to prove and provide the viable solution to the sports’ challenges.
The reputation of a university represents the way people see or perceive it in terms of credibility, how they rank the university, and how they talk about it. Reputation is as simple as preference. Although different people have various preferences, there is a common agreement on what a quality university should entail and what it should not. The reputation includes discipline of students, the institution’s success in research, sports, technology, and the management’s ability to handle matters or concerns raised by the students. A university that wishes to attract the most talented athletes should try to rank as one of the best universities by ensuring its reputation is excellent.
Any athlete looking for a better institution to further his or her studies and advance in their athletics talent would want to know what type of athletics trainer will be training him or her. Talent rehabilitation and growth need a dedicated coach. The school’s administration should make sure they have the best trainer to attract as many talented athletes as possible.
Every institution has at least a dispensary where students are given medical assistance any time they have health problems. Health is a key factor since any person can become sick or develop an injury. The better a university makes its medicinal amenities, the easier it is to lure more athletics students.
Another way to make athletics leaners and other talented learners choose one university over the other is to make their dining amenities better. One of the most important needs of a human being is food. In addition to good meals, they should be clean and healthy. The staff serving in those amenities should maintain all the health standards provided in order to curb risks such as food poisoning and the spread of diseases attributed to dirty food. Additionally, the dining halls should be well spaced to accommodate all the students.
Another important need for every human being is shelter. A university should have enough hostels to host all the students they recruit. Good hostels should be spacious, secure, clean, should have good water and power supply, and should maintain student’s privacy. The university’s management should also make sure that the prices for the hostels are relatively cheaper. They should display images of the hostels they have for their students and indicate the options available in terms of distance from the university, the sizes, and prices.
Additionally, apart from good classes, athletes would not want to train on pathetic grounds. The gaming facilities should be of the best standards, and all the required tools should be available at school. Better gaming amenities in the institution places it in a better position than its competitors. Moreover, an institution should consider maintaining a winning habit in the games its students have participated in the past. Any person who taking part in competition has the ambition to win the game. If the institution, therefore, has a habit of winning, then it is in a better position in the recruitment of athletics students compared to other institutions.
China and U.S.A. GDP Comparison Associated Problems
Gross Domestic Product (GDP) is commonly used in the measurement of countries’ economic performance or the nation’s standards of living. GDP is the total market or treasury value of the total services and commodities produced by a country within a specific time frame. Different countries use different currencies and have a varying number of population. Consequently, statistics received from Gross Domestic Product have various reasons to be criticized.
Problems
First of all, the Gross Domestic Product of a nation is determined using the nation’s currency. For instance, the United States of America uses the U.S. dollar, euro is used by several republics in the West of Europe, the republic of Japan uses its Japanese yen, peso is the currency used in Mexico, and China utilizes yuan. Due to the reason mentioned above, before making the comparison of the Gross Domestic Product of any two nations, it is a requirement to convert the nations’ currency to a common currency.
Second, the number of people differ from country to country. For example, the Republic of China has a population estimated to be four times higher than that of the United States of America. Additionally, there is a variation in how income is distributed in the nations whose Gross Domestic Product is being compared. Two countries may bear the same Gross Domestic Product per capita but their income distribution many not be the same.
Another problem arising when making a comparison of the Gross Domestic Product of the two nations is that they have a varying number of hours worked. When carrying on the comparison of a nation over a span of time, the total amount of time taken to yield a given income might differ. Workers from the two states under comparison may not work for the same hours in a day. The Gross Domestic Product of the nations whose laborers work longer is falsely inflated over other nations’ GDP. When comparing the economic growth of the two countries, it is usually required to adjust the Gross Domestic Product to account for the value of leisure.
Moreover, international commodity prices vary from country to country. The purchasing power of a country relies on the price as related to the nation’s income. Gross Domestic Product can be re-evaluated in relation to the purchasing power of a country in order to solve the problem as mentioned earlier. A currency’s buying power is the amount of money required to buy a given measure of a commodity and service. A country’s buying power is set in relation to the living cost and inflation rates in the country.
There is another problem, which is the difficulty in the assessment of exact values. The exact value of public assets such as infrastructure, defense, education, and healthcare is unknown. Consequently, it is not easy to make a comparison of two nations whose expenditure on the assets and goods is different. In conclusion, the main problem when comparing two countries’ GDP is the validity of the results, and therefore there should be a constant value to use in the comparison, for instance, purchasing power parity, which takes into account living standards and market exchange rates.
Alternatives
As noted in the problems section, every country has its currency. For instance, China uses the Yuan, and the United States utilizes the US dollar. In order for the Gross Domestic Product statistics to be valid, the currencies of the two nations being compared should be converted to commonality. The conversion should be done using the rate of exchange. The exchange rate is one currency’s value in relation to another currency, for example, China’s Yuan per America’s US Dollar.
Another alternative is to calculate the Gross Domestic Product of a nation per the nation’s population. The reason for this alternative is because various countries have a different number of people. Additionally, when comparing the Gross Domestic Product of two different countries, it is necessary to remember that laborers in these states are entitled to a different number of working hours per day. It would, therefore, be more relevant to take into the value of leisure through the GDP adjustment.
In addition, since the international commodity prices vary in different countries and a country’s purchasing power relies on the price related to the nation’s income, Gross Domestic Product can be re-evaluated in relation to power of purchasing of a country. Additionally, exchange rates of markets change on a daily basis depended on the demand and supply in foreign exchange markets. Therefore, exchange rates of the markets and the purchasing power parity, abbreviated as PPP, can be used to compare two different nations’ GDP.
Purchasing power parity is the equalization of two different currencies by accounting for the variations in the costs of living. For instance, if to change China’s Gross Domestic Product to US dollars based on the exchange rates in the markets, the comparative power of purchasing will not be accounted for, and the Gross Domestic Product comparison validity will be made weak. For the purpose of obtaining more valid comparisons, the market rates should be adjusted to put in place the variations in the local purchasing power, known by the name purchasing power parity altered rates of exchange.
Selecting the Best Alternative, Implementation, and Evaluation
There are various options or alternatives to follow when comparing the GDP of two different nations, China and the United States. Nevertheless, there are as many problems in the comparison process as there are solutions, and different alternatives have various limitations and give varying statistics. Therefore, the best alternative is to take into account the major problems of the process of Gross Domestic Product comparisons, such as inflations, standards of living, and exchange rates of the various markets. Consequently, the best solution to the whole problem is to re-evaluate a nation’s Gross Domestic Product in relation to its purchasing power parity. Comparing the Gross Domestic Product of the Republic of China and the United States of America using the above method will give the best, reliable and valid statistics.
Reference
Czekanski, W., & Barnhill, C. (2016). Recruiting the student-athlete: An examination of the college decision process. Journal for the Study of Sports and Athletes in Education, 9(3), 133–144.