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´╗┐Experience suggests that schemes for dealing with sovereign, less developed country debt to the commercial banks have a limited life span. This article looks at a number of modifications to the Brady proposals that might render them appropriate for dealing with the next stage. It is suggested (1) that a five-year target for getting rid of the debt overhang should be accepted for reforming LDC economies; (2) that debt servicing costs should be limited to a realistic Buy Beats Headphones Canada proportion of the debtor's foreign exchange earnings; and (3) that competitive sovereign debt tendering (CSDT) provides the most efficient method of extinguishing the debt overhang. Organizations are increasingly taking a customer orientation in an attempt to enhance their competitive position. However, is this orientation an effective strategy? What effect does it have on employees? In practice, this approach often translates into asking service employees to be extra cheerful, friendly, and pleasant with customers. Many articles have suggested that this service with a smile emphasis has positive benefits; few suggest that it can also result in negative consequences. This paper examines two potential negative outcomes: sexual harassment by customers and the dysfunctional psychological effects Buy Beats Canada of asking employees to display unfelt emotions.
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