Thursday, October 31, 2019
On the Privatization of IRS Tax Debt Collection Essay
On the Privatization of IRS Tax Debt Collection - Essay Example Now, what does this new development in the tax paying system tells the American people This tells Americans that despite being the world's most powerful country, the American government has its weaknesses and tax debt collection is one of them. In an ideal world, IRS as the primary handler of the country's revenues should have been capable and responsible to do its functions properly. Although the IRS fronts a positive face in light of this recent development for the privatization strategy, it does not hide the fact that in seeking the services of private companies, they are indirectly admitting incompetence or ineffectiveness on their recent and previous tax collection systems. Why seek the services of private sectors when the government agency itself should be or should have been capable given the capabilities and resources of the country Does it also mean that the employees of IRS are not capable enough to encompass the responsibilities of the government agency That they lack the needed skilled people in their side In this instance, public service has acknowledged defeat to private services. One other great concern of critics is that taxpayer's rights are greatly put at risk of violations on their rights given under this scheme.
Tuesday, October 29, 2019
Why is oil such an important resource in the region ( Middle East) Essay
Why is oil such an important resource in the region ( Middle East) - Essay Example The first step is to explore an area for the existence of oil. Once oil has been located, the commercial viability of the well, as it is commonly referred to, has to be ascertained. This depends on the quantity of oil that is available for extraction. Another factor is the quality of oil. Quality is determined by the percentage of sulphur and asphalt found in oil. On the basis of this content, oil is classified into three types. The best quality is known as light crude. This type of oil will be a golden brown in colour it will flow more easily and has low sulphur and asphalt content. Heavy crude, on the other hand will be thicker and dark in colour and its sulphur and asphalt content will be high. The third category, known as medium crude, has characteristics that fall between light and heavy crude. So the best quality oil is light crude, followed by medium, with heavy crude having the poorest quality. ââ¬Å"Crude oil is a mixture of many substances, mainly compounds of carbon and h ydrogen, together with varying proportions of sulphur.â⬠1 The awareness of oil and its use has been in vogue even 2000 years ago. Its uses were limited mainly to cooking and lighting since technology was primitive in those days. Since drilling methods were not in existence at that time, only that oil which naturally came up to the surface due to pressure could be used. Commercial drilling using crude techniques started in the United States about 200 years ago. The pressure of oil was such that the pioneers in this field often found it difficult to stop the oil gushing out form the wells. But as time passed and modern drilling methods came into to being, exploration has become more efficient and less wasteful. From the beginning of the 20th century, oil was explored and extracted from many regions of the worlds. A majority of the oil companies operating were privately owned. These companies were able to
Sunday, October 27, 2019
The Competitive Environment Of British Petroleum Management Essay
The Competitive Environment Of British Petroleum Management Essay This paper is basically about the analysis of British Petroleum PLC (Bp). The analysis covers the competitive environment of the company in terms of its stance in the midst of its various competitors and also how attractive is the industry in which the British Petroleum company belongs to. Apart from the competitive environment, this report also identifies the key business strategies of the company and also the various resources and capabilities of the company that has given the company an edge over it other competitors. In analyzing the competitive environment, business strategy and identification of the various resources and capabilities of British Petroleum, the following frame works will be used; sporter five force, strategic groups, Bowmans strategy clock, value chain analysisâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. OVERVIEW OF BRITISH PETROLEUM (BP) The British petroleum is one of the worlds largest energy companies and also one of the largest vertically integrated oil and gas companies in the world, which provides its customers with fuel for transportation, energy for heat and lighting, and also retail services and petrochemicals products for everyday use. The BP Plc operates across six continents which include: Africa, Asia, Australasia, Europe, North America and South America and their products and services are available in more than 100 countries in the world. British petroleums operations involve exploration, production of gas and crude oil, marketing and also trading of power, and natural gas liquids. British Petroleums headquartered is situated in London United Kingdom, and it has employs about 80,300 people as part of its labor force. Bp has various brands which include the Ampm, Arco, Castrol, Aral, Wild bean cafà © and Bp itself and the energy mix of the British Petroleum is a mixture of oil, gas, solar, wind and biofuels. BP is a company which focuses mainly on petroleum, but has some interest in alternative energy which shows that the company does not only specialize on oil and gas only like some of its competitors does. THE COMPETITIVE ENVIRONMENT OF BRITISH PETROLEUM (BP) . In analyzing the competitive environment of the British petroleum, as earlier stated, a very useful tool to consider is the five forces model of competition which was developed by Professor Michael Porter of the Harvard Business School in 1980, this model identifies factors that affect the organizations competitiveness in the industry and also help the firm to adopted the appropriate strategy in order to enhance its competitive advantage and also protect itself from threat as well. The five forces identified by porter include: Threat of entrants from organisations currently outside the industry Power of suppliers i.e. providers of inputs e.g. staff, IT, accommodation Power of buyers i.e. recipients of products/services Threat of substitutes i.e. things customers might buy instead Competitors/rivalry competition within the industry THREAT OF NEW ENTRANCE: The threat of entrance into the oil and gas industry is Low due to the fact that there is high barrier of entrance into the industry. Some of the companies that constitutes the oil and gas industry like British Petroleum uses heavy and very expensive equipments at well sites For example, pumping trucks and other huge equipments, huge capital investment expenses is involved, such as High infrastructure cost i.e. pipeline, road access in fields, land acquisition etc.à Availability of human resources in terms of scarcity of subsurface reservoir engineer and geologist all this contribute to the high barrier of entrance into the industry. POWER OF THE SUPPLIER: The bargaining power of suppliers is relatively high and this is driven by the presence of high cost of switching from one supplier to another and also the presence of relatively small number of energy and alternative energy suppliers (concentrated suppliers), also some of the buyers such as Bp and some other companies that constitute the industry are vertical integration companies so they might not even have the need to want to require the services of this suppliers so the power of the suppliers is Medium. POWER OF BUYERS:à The balance of power shifts toward buyers. Oil is a commodity and one companys oil or oil drilling services is not that much different from another companys and thisà leads buyers toà go in favor of lower prices and or better contract terms.à The power of the buyer will be regarded has being Medium because buyers are powerful and can switch from the consumption of Bp products to another oil and gas companys product and at the same time an individual buyers decision does not necessarily have an impact on the company. THREAT OF SUBSTITUTES: Threat of substitutes is Low and theà Substitutes for the oil and gas industry includes alternative fuels such as coal, gas, solar power, wind power, hydroelectricity and nuclear energy which is still in the developing phase and also involves high cost of production. Oil is of great importance; it is not only used in fuelling cars alone, it is also used in the production of plastics and other materials. Majority of the means of transportation still relies heavily on oil and Oil is needed in order to generate electricity which implies that oil and gas would be depended on rather than the alternative due to its level of development and high cost of production. COMPETITIVE RIVALRY:à The level of competitive rivalry is high; the industry is characterized by big companies which produce low differentiated products and there is low threat of substitute and also low threat of new entrance into the oil and gas industry. Another tool that can also be used in the analysis of the competitive environment of the British Petroleum is the strategy group framework by Porter in 1979. According to porter, a strategic group is defined as a set of companies within an industry pursuing strategies that are similar to each other and different from firms outside the group on one or more key dimensions of their strategy. In terms of the oil and gas industry which BP belongs to, the level of competition is very high because major players in the industry such as Royal Dutch shell, Bp, Exxon Mobil, Total, chevron, and Conoco Phillips all adopt similar strategy and competing on similar bases which is adaptation of a vertical integration to an extent and they also produces similar range of products. BUSINESS STRATEGY OF BRITISH PETROLEUM OVER PAST 5YEARS In analyzing the business strategy being adopted by Bp over the past 5 years, the Bowmans strategic clock would be a useful tool. The strategy clock considers both the price and the perceived added value of goods and services produced by a company and compares it to that of its other competitors. Placing the Bp group under the strategic clock show that the company uses Hybrid strategy which means that they operate at a low cost based, reinvest in low price and differentiated in operation. BP is one of the largest operators and also one of the most well established globally, the company operates both in the upstream and downstream operation and its operations is also increasingly diversified or differentiated in production offering various oil products to the market. At the same time British Petroleum (BP) has a cost base that permits low prices and which is sufficient for reinvestment to maintain bases for differentiation. BP has been adopting the Hybrid strategy for a long period of time now and the sole aim of the strategy is to achieve differentiation and a price lower than that of BPs other competitors.
Friday, October 25, 2019
Semantic Web :: Technology, The Green Guide
To establish the extent to which semantic web has been applied in the sustainable building technology domain, an extensive literature search was undertaken. One of the key findings of the review was that there was no real significant application of the semantic web to sustainable building technologies. The few studies with at least some sustainability issues in the built environment are in Macris and Georgakellos (2006) and Edum-Fotwe and Price (2009). Macris and Georgakellos (2006) explored the use of ontologies to help students to understand the contemporary global environmental issues, how they are linked and interrelated and to consider the different views of these issues, before reaching a decision or judgment. Edum-Fotwe and Price (2009), on the other hand, explored the use of ontologies in appraising sustainability of construction projects and development from the social component of sustainable development. The ontologies developed by Macris and Georgakellos (2006) and Edum-F otwe and Price (2009) are nothing more than academic papers and have never gone beyond prototypical system levels. However, it emerged that there is abundance of green/sustainability specifications/standards/ratings/metrics in the literature dealing with various aspects of sustainable constructions. Some examples of these specifications are the Market Transformation Programme database that contains the different building household appliances in the UK houses arranged in a well-defined taxonomy (Market Transformation Programme 2010; Firth et al. 2008; Wood and Newborough 2007), the Green Guide to Specifications (Anderson et al. 2009), the Uniclass (Smith et al. 1997) and the Leadership in Energy & Environmental Design (LEED 2010). The Green Guide aims to provide a simple green guide to the environmental impacts of building materials which is easy-to-use and soundly based on numerical data. Uniclass is a new recent classification scheme for the construction industryindustry (Smith et al. 1997). It is intended for organising library materials and for structuring product literature and project information. It incorporates both CAWS (Common Arrangement of Work Sections for building works) and EPIC (Electronic Product Information Co-operation), a new system for structuring product data and product literature. The Green Guide is part of BREEAM (BRE Environmental Assessment Method) an accredited environmental rating scheme for buildings. LEED is an internationally recognized green building certification system developed by the US Green Building Council, providing third-party verification that a building or community was designed and built using strategies intended to improve performance in metrics such as energy savings, water efficiency, CO2 emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts. Semantic Web :: Technology, The Green Guide To establish the extent to which semantic web has been applied in the sustainable building technology domain, an extensive literature search was undertaken. One of the key findings of the review was that there was no real significant application of the semantic web to sustainable building technologies. The few studies with at least some sustainability issues in the built environment are in Macris and Georgakellos (2006) and Edum-Fotwe and Price (2009). Macris and Georgakellos (2006) explored the use of ontologies to help students to understand the contemporary global environmental issues, how they are linked and interrelated and to consider the different views of these issues, before reaching a decision or judgment. Edum-Fotwe and Price (2009), on the other hand, explored the use of ontologies in appraising sustainability of construction projects and development from the social component of sustainable development. The ontologies developed by Macris and Georgakellos (2006) and Edum-F otwe and Price (2009) are nothing more than academic papers and have never gone beyond prototypical system levels. However, it emerged that there is abundance of green/sustainability specifications/standards/ratings/metrics in the literature dealing with various aspects of sustainable constructions. Some examples of these specifications are the Market Transformation Programme database that contains the different building household appliances in the UK houses arranged in a well-defined taxonomy (Market Transformation Programme 2010; Firth et al. 2008; Wood and Newborough 2007), the Green Guide to Specifications (Anderson et al. 2009), the Uniclass (Smith et al. 1997) and the Leadership in Energy & Environmental Design (LEED 2010). The Green Guide aims to provide a simple green guide to the environmental impacts of building materials which is easy-to-use and soundly based on numerical data. Uniclass is a new recent classification scheme for the construction industryindustry (Smith et al. 1997). It is intended for organising library materials and for structuring product literature and project information. It incorporates both CAWS (Common Arrangement of Work Sections for building works) and EPIC (Electronic Product Information Co-operation), a new system for structuring product data and product literature. The Green Guide is part of BREEAM (BRE Environmental Assessment Method) an accredited environmental rating scheme for buildings. LEED is an internationally recognized green building certification system developed by the US Green Building Council, providing third-party verification that a building or community was designed and built using strategies intended to improve performance in metrics such as energy savings, water efficiency, CO2 emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts.
Thursday, October 24, 2019
Corporal Punishment Argument Essay
Corporal Punishment Argument Essay Corporal Punishment should not be enforced to teach children from misbehaving. To spank and to hit children in todays society Is considered morally wrong but often unpracticed. There is a fine line between abusive hitting and spanking your child on the caboose. Parents who hit their children wither at home or in public leave mental and physical scars that could untimely influence violent behavior in children. Children who are physically punished at home hardly ever learn their lesson.Researchers from the Catalog of Physiologic Study have proved that punishing a child through corporal punishment only leads to more misbehaver. Instead, by confronting them in a calm matter has shown to work better by 35 percent, rather than hitting. In addition, by taking away something that the child possess dear to their hearts for a certain period of time forces them to behave in an orderly manner. For example, when a child runs up a cell phone bill, it would make m ore sense to take away the cell phone rather than physically spank the child and allowing them to keep the cell phone.By keeping the cell phone, children are more likely to take risks. Although, by taking away the phone children understand if they were to take another risk they would jeopardize not having a phone. Society can be viewed as extremely hypocritical. Their viewpoints on public corporal punishment can be seen as evil. More than 90 percent of the community disagrees with corporal punishment while they are in public, but only 15 percent will practice what they preach in their homes. This leaves about 85 percent of parents who exercise spanking in the comfort of their own homes.This hypocritical trait is what leads to frustration in parents and confusion in children. Many times the frustration from not being able to punish children in public leads to a more severe punishment at home. This is often seen when teachers notify higher authority when they see or suspect some sort of violence in their studentââ¬â¢s homes. A child who receives corporal punishment undergoes more stress and emotional discomfort than any parent might from contributing punishment. The childrenââ¬â¢s helplessness can lead to more violent behavior; In addition, most children grow up to mimic the methods of discipline from their own parents or guardians.In 2008, child services survey announced that children who had been spanked at a younger age were at high risk of emotional damage, which often resulted to a poor and unsuccessful future. In addition most children loose respect and become accustomed to being hit by their parents. Most children arenââ¬â¢t fazed by others emotions because of their adapted ways. Spanking and hitting children are not the only idealistic methods to solving problems. The many viewpoints from parents, society and children are important to follow inorder to have a child who
Wednesday, October 23, 2019
Lululemon
Luncheon is poised and well positioned to move to another level in the luxury sports apparel marketplace. While our challenges over the last 18 months have been Impacting, we have maintained profitability and have not lost significant market share. In response, our leadership team conducted environmental and organizational scans over the last 30 days. From these scans, we have identified some future strategic opportunities and challenges that when addressed, will set us up to become the #1 sports luxury apparel brand in the world.We will continue our innovation by Introducing new products lines; there is a great opportunity for us to expand Into a children's line. Another opportunity for Luncheon Is to Investigate new channel strategies In diversification of sales revenues. In tandem with these opportunities, we urgently need to address several threats inclusive of diversifying our supply chain and improving public relations to resonate our core values and brand.Our environmental sca n included a macro trends report, examination of our industry/ competition, and a comprehensive review of our stakeholders' needs and expectations. Significant macro trends worth noting Include: sustained popularity of yoga fitness for the near term, continued growth in online sales, and sustained usage of social media (with women representing a disproportionately large amount of users engaging our brand). Due to the use of petroleum and cotton products, material and labor costs for Luncheon can sometimes be unpredictable based on fluctuations in these commodity markets.Our Industry analysis Indicates that the sports apparel brand Is a $106 billion dollar Industry with the two biggest players only owning 14 recent of the market share, [See Financial Analysis Slide]. We are the top ranked premium sports apparel organization and the 5th highest ranking organization overall. Our suppliers are more than suppliers; they are partners, [See Industry/ Competitive Analysis Slide]. Our collab orative relationship with our suppliers helps us create some of the most innovative products in the market.Supplier issues with materials and manufacturing have posed an ongoing issue due to various recalls creating a drop In company stock price, which In turn, has raised concerns with dockworkers, [See stakeholder Analysis slide]. These problems have caused Luncheon to face intense scrutiny in the market and media, which eventually resulted in negative Public Relations related issues. The inability for the Public Relations department to thwart such incidents has impacted the overall product brand within the market place.With that said, the financial health of the company Is good. Net revenue for the fiscal year 2013 Increased 16% to $1. 6 billion from $1. 4 billion In fiscal 2012. The company ended with $698,649,000 cash on hand, enough to fund its operating activities. Our operational support reveals Luncheon customer satisfaction remains high despite recent and ongoing manufactur ing issues, [See Stakeholder Analysis Slide]. We possess a loyal customer base and have recently moved all of our stores from the franchise model to being ran internally to maximize on our culture.From this environmental scan, we were able to conduct a comprehensive and In-depth Internal analysis to determine how well prepared we included an operational health report, a financial report, and a review of our culture. The current organization is structured so that there is an opportunity for open immunization throughout the business, while wellness programs create high employee satisfaction. Since our inception, our culture has been about creating components for people to live long, healthy, and fun lives.This culture permeates through our employees, our in-store experience, and of course our customer base. We believe in support of the communities in which we are a part by creating various festivals, retreats and continually focusing on sustainability. Overall, our internal report sho ws we are poised for growth and have the tools to take advantage of our opportunities while meeting our challenges head on. Luncheon is the leader in luxury sports apparel. In order for us to stay the premier luxury sports apparel provider, we have to make sure we keep our core competencies aligned.Our core competencies are defined as follows: 1 . Developing innovative luxury designs, 2. Grass roots marketing, 3. Creating a motivated workforce, 4. Creating a second to none positive customer experience. Our four recommendations outlined in the beginning of the memo align perfectly with these core competencies, and our reports show we have the ability to achieve success in each area. Developing new product lines, especially focusing on a line for the youth, will assure we stay diversified.In developing these lines we can start to diversify our suppliers by finding other markets in which to partner. Currently our depth in suppliers is large, however, the diversity is nominal. Our suppl iers are primarily concentrated in one region, Asia-Pacific, leaving us susceptible to natural disasters, border wars, and other issues that can affect production, [See Stakeholder Analysis Slide]. Creating additional channels of sales will work to enhance our second to none customer experience.Working with luxury hotels and other recognizable high end partners known for great customer service will also help with our grass roots marketing along with increasing our positive public relations presence. Also, by controlling our public relations and placing an increased emphasis on it, we will be able to better position our image and brand for lasting resonance in the marketplace. We are excited for Luncheon and look forward to partnering with you on implementing these four strategic objectives that will propel our great organization to another level.
Tuesday, October 22, 2019
SOM Assignment Essays
SOM Assignment Essays SOM Assignment Essay SOM Assignment Essay Question no. 1 Which of the eight elements of the service marketing mix are addressed in this case? Give examples of each ââ¬Å"Pâ⬠you identify. Answer. Product Element: Beckettââ¬â¢s core product is dentistry services in a quality environment. All facilitating supplementary services increase the value of her core product. She tries to differentiate her core product from her competitors in terms of quality. Place Element: Place is the Dr. Beckettââ¬â¢s Dental Office. Time can be the working hours of the office. Process Element: Patient is the direct recipient of dental service, so it is a people processing service. Patients must be physically present to receive the service. Productivity Element: She wants to differentiate her service in terms of the quality. She moved a new office to provide an efficient environment for employees. People Element: Dr. Beckett employees are her people. She motivates her staff with training, vacations. She gives importance to her staffââ¬â¢s suggestions and staffââ¬Ës motivation increases. Physical Environment: Dr. Beckettââ¬â¢s new office is modern and attractive. Herà staff wears uniforms which match with the decoration of office. Price Elements: Price is higher than other competitors. Other than financial costs, patients have non-financial costs which can be listed as: physical, psychological and time expenditures. Promotion Element: There is no advertising. Main tool is ââ¬Å"word of mouthâ⬠. They use VCR to show the dental processes. Also a literature is available for the patients about after treatment procedures. Question no. 2 Why do people dislike going to dentist? Do you feel Dr. Beckett has addressed this problem effectively? Answerà Patients can have nonfinancial costs in dental service. These are psychological, physical and time cost. Yes, I think Dr. Beckett has addressed this problem effectively. She knows that patient must have a dental treatment and tries to do the best job and make them as comfortable as possible. Question no. 3 How do Beckett and her staff educate patients about the service they are receiving? What else could they do? Answerà à Dr. Beckett and her staffs provide videos about the dental operation to educate patients. They can have before and after treatment photo album for new patients and this may be reduce their fear. Also brochures can be useful to educate patients. Apart from educating the customer, maybe she can have a dentist partner to balance the excess demand. Question no. 4 What supplementary services are offered? How do they enhance service delivery? Answerà Both facilitating and enhancing supplementary services are offered. Facilitating supplementary services: Beckettââ¬â¢s patients know dental procedures before the treatment. (Information) When patients make an appointment for dental care (order taking) Enhancing supplementary services: There was a small conference room with toys for children. They can play with toys when their parentââ¬â¢s receiving dental service (safekeeping) Before and after treatment, Dr. Beckett and her employees consult with patients. They consult them about how to maximize their treatment outcomes. (Consultation) Dr Beckettââ¬â¢s office provides a comfortable and modern environment to patients. Patients can listen classical music, drink a cup of coffee, and sit on comfortable chairs. Also employees make follow-up calls to patientsà after treatment which is a competitive advantage in service Question no. 5 Contrast your own dental care experiences with those offered by Beckettââ¬â¢s practice. What differences do you see? Based on your review of this case, what advice would you give (a) to your current or former dentist and (b) to Dr Beckett? Answer My dental care experience is absolutely different from Beckettââ¬â¢s practice. My dentist office is poorly designed and there is no rescheduling option. She always makes me wait more than 30minutes. There is no headphone, classical music or abundant of flowers. She has what she needs. But her dental practice is perfect; I feel no pain when I have operations. a)Although if she redesigns her office and provide more f acilitating and enhancing supplementary services, I will be more happy. It is clear that there is a tradeoff between the cheap cost and expensive cost. If you want to be in a comfortable environment, you should pay more money. b)From my point of view, Dr. Beckett provides her service in a quality environment. May be she can offer pet care for patients who have pets. Also a parking place can be a good idea.
Monday, October 21, 2019
TKAM Essay (To Kill a Mockingbird) essays
TKAM Essay (To Kill a Mockingbird) essays To Kill a Mockingbird: Symbolism of the Mockingbird "I'd rather you shoot at tin cans in the backyard, but I know you'll go after birds. Shoot all the bluejays you want, if you can hit 'em, but remember it's a sin to kill a mockingbird (Lee 90). Harper Lee, a creative novelist, uniquely quoted this from To Kill a Mockingbird. Lee uses symbolism rather extensively through out this novel and much of it refers to the problem of racism in the south during the earls 1900s. To Kill a Mockingbird is a well-written novel that symbolizes three mockingbirds, and they are Arthur Radley (Boo), Tom Robinson, and Mr. Dolphus Raymond. Boo Radley is one of the novels mockingbirds, a good person injured by the evil of mankind. The first reason is that Boo went through his life never wanting to hurt a fly; he was a gentle man. He left gum, pennies, a pocket watch, and wax dolls for Scout and Jem. He just stays inside because he does not want to face the corrupt and prejudice world outside. The second reason is that he never left his house because the people of Maycomb created unjustifiable rumors and remarks about him. Boo was about six-and-a-half feet tall, judging from his tracks; he dined on raw squirrels and any cats he could catch, thats why his hands were blood stained if you ate any animal raw, you could never wash the blood off (Lee 13). The final reason is that Boo, emotionally damaged by his cruel father, provides an example of how evil is a threat to his innocence and goodness. It would be a sin to send Boo to jail because it would be like killing a mockingbird. Tom Robinson was an innocent mockingbird who was destroyed by evil. First of all, in Maycomb during the 1930s, a white mans word weighed more than a black mans word, like when the jury convicted innocent Tom. Secondly, it was like a mockingbird being shot down when Tom was accused of t...
Saturday, October 19, 2019
Analyzing Aristotle Essay Example for Free
Analyzing Aristotle Essay The soul and the body are different forms. While the body is visible and mortal, the soul is invisible and immortal. He suggests that although the body dies and decays, the soul continues to exist. I do believe there is life after death, everyone must eventually die, and it cannot be avoided. However, even though death is a fact of life, it is a topic that many people prefer not to talk about. This avoidance of discussion is usually due to the denial of oneââ¬â¢s own death and the denial is usually due to fear. The fear is, for many people, a fear of the unknown. In my opinion i believe that when humans die, the body and the brain dies, but the mind still exists and it creates our afterlife according to our own beliefs and expectations. If a person believes there in nothing after death then there will not be a dream, it will be as if the person is asleep forever without dreaming. 2) Yes, I agree that the universe is purposeful. The purpose of the creation, every though you have is creating your tomorrow. The universe has mysterious ways of revolving what we do day by day. For example Karma: The sum of a personââ¬â¢s actions in this and previous states of existence, viewed as deciding their fate in life. ââ¬â Aristotle said: ââ¬Å"Yet there is God, though not perhaps the simple and human god conceived by the forgivable anthropomorphism of the adolescent mind. â⬠Aristotle represents God as self-conscious spirit. A rather mysterious spirit; for Aristotle Godââ¬â¢s never does anything; he has no desires, no will, no purpose; he is activity so pure that he never acts. He is absolutely perfect; therefore cannot desire anything; therefore He does nothing. His only occupation is to contemplate the essence of things; and since He himself is the essence of all things, the form of all forms, his sole employment is the contemplation of himself. Analyzing Aristotle. (2018, Nov 04).
Friday, October 18, 2019
Cyber Threats Assignment Example | Topics and Well Written Essays - 1000 words
Cyber Threats - Assignment Example ARP poisoning Address Resolution Protocol spoofing, also referred to as ARP flooding, or ARP poisoning/ARP poison routing is a mechanism that is employed when one wants to attack an Ethernet wireless or wired network. This technique may allow the attacker to undertake packet sniffing. In case of email, the attacker will sniff the traffic sent by one host to another host ion the network (Tan & Ruighaver 2005). In the normal operations of ARP, there will be broadcasting of host IP address and MAC addresses. When some host wants to send some information to a certain host, it will send a broadcast asking who has a certain IP address. The host with the respective IP address will reply to the request and will do so with the correct IP address and the MAC address. This communication happens with a lot of gullibility (Salomon &Cassat 2003). This is because, ARP does not have authentication. The reply and the host which replies that it has the said IP address and MAC address will not be authe nticated. In ARP communication, there is no authentication of the hosts. The host replying will be taken to be correct. ARP does not have a mechanism of correcting the information that it gets from the hosts which are communicating in the network (Salomon & Cassat 2003). Since there is no authentication of the ARP requests and replies, the attacker will insert a wrong IP address to a computer cache. The ARP request will then be fed with the wrong IP address. This is called ARP poisoning, that is the ARP table has been poisoned with wrong information. The attacker manages to lie to the machines and to the people in the network (Russell & Gangemi 2011). What these attacks do is that they will get what is taking place with the two parties. When the parties communicate, the attacker will get the packets and get the email password of either parties or even both parties. They can then use the passwords to undertake attacks (Peltier 2005). The possibility for an IP address to be associated with any given MAC address is another loophole for attacks. They are able to undertake many forms of attacks to the unsuspecting users and hosts in the network. In this state, other forms of network attack can be experienced. Other common forms of attacks that can be experienced include man-in-the-middle attacks, MAC flooding, and denial of service attacks (Orebaugh, Ramirez & Beale 2007). Man-in-the-middle attacks This is an attack which is common in local area networks. This attack is a form of active and aggressive eavesdropping where the attacker will create independent connections between the parties communicating so that the attacker will feign either parties communicating. In the end, the parties communicating will think that they are having a private communication and yet in the real sense, the communication is being controlled by eth attacker (Neumann 2006). A hacker can make use of ARP spoofing/poisoning to attack the communication between communicating parties. This can sim0ply be undertaken by having the attacker sending ARP reply to a router. The router could be communicating with computer A. The router will send information regarding its IP address and the MAC address thinking that the requesting agent is computer A. After getting this information, the attacker will also send an ARP replies to machine A. Machine A will respond to the reply thinking that the machine is a router. It will then send information to the attacker. After getting the IP and MAC address, the attacker will then use the operating system characteristic that is referred to as IT forwarding. This feature will
Managerial Economics Essay Example | Topics and Well Written Essays - 2750 words
Managerial Economics - Essay Example In general, the Coarse theory is a legal and economic theory which affirms that, where complete competitive markets with no transaction costs are, an efficient set of outputs and inputs from and to the production-optimal distribution will be selected. This is without paying regard to how property rights are being divided. The parties involved can negotiate or bargain terms beneficial to them than an outcome of a property rights assigned to them (Mankiw, 2007). This is to say that they are not completely obliged by the property rights to trade for as long as they are able to trade and produce an outcome that is mutually advantageous to all of them. For this to exclusively occur, then the cost of bargaining or any cost associated with it such as cost of meetings must be extremely costless as any cost at all will influence the outcome of the bargain. However, no exact definition of the Coarse theorem has been established (Sloman & Sutcliffe, 2003).Theory of the FirmEconomically, a firm is referred to as a legally organized and recognized organization that is designed with the main purpose of providing goods and services to the consumers. Coarse in establishing his theory, used applications based on the activities of the firm and related the same to the planning capability of a firmââ¬â¢s management. This might be metaphorically perceived as the firm being an island of planning in a sea of markets. When firms make decisions regarding production of the goods or services they produce., they do so guided by certain principles and which are as described by this theory proposed by Ronald Coarse (Rasmusen, 2007). This theory of the firm consists of several economic theories that seek to describe, explain and predict the nature of a firm. It seeks to answer questions about the existence of the firm, its behaviors and structures, their organization, the boundaries of firms and the heterogeneity of the performance of the firms. In reality, most firms are known to exist as alternative systems to the market-price mechanism if it can produce efficiently in a non-market environment. Consider an example of the labor market: it can be very costly for firms to produce efficiently if they have to hire and fire their employees based on the demand and supply conditions. Similarly, a shift by employees from one company to another everyday may be seen as costly or when companies shift each day in search of new suppliers (Williamson et al, 1991). This is because any action involves costs in it hence, the essence of firmsââ¬â¢ transactions costs. The safest modality for the firm in such scenarios is to engage in long term contracts with either their workers or suppliers so as to be able to minimize on costs and at the same time maximize on the property rights.
Leadership Essay Example | Topics and Well Written Essays - 250 words - 17
Leadership - Essay Example An example of a transformational leader motivating followers is M. Fethullah Gà ¼len. He has convinced a movement in Turkey promoting a different kind of Islam. Gà ¼len motivates his followers with education, a promise of peace, and tolerance. He has built education centers world wide. These educational centers are based on the Islam faith, but do not require students to be Muslim. Gà ¼len teaches of respect among all religions, Christian, Muslim, or Jewish. Dialogue should be shared among all. Many of Gà ¼lenââ¬â¢s student and followers are motivated by the thought of peace between the religions and furthering of education. The vision is also important. Anyone can say they want to go to the moon, but it takes a leader to get followers to build a rocket ship. The vision must be practical and achievable, with benefits for the followers. It might be impossible to those not wanting change, but Gà ¼lenââ¬â¢s vision is achievable. Thousands of Muslims have heeded Gà ¼lenââ¬â¢s cause of non-violence. Gà ¼lenââ¬â¢s followers believe Islam is a religion and a way of life, just like Islamic terrorists. However, his followers believe that terror or forcing Islam on other cultures is morally wrong. Gà ¼lenââ¬â¢s vision is being carried out, maybe not by every Muslim, but by a good following in Turkey. Hopefully one day Muslims can achieve a lasting peace with each other and the world through transformational leaders like
Thursday, October 17, 2019
Marketing Environment Case Study Example | Topics and Well Written Essays - 3000 words
Marketing Environment - Case Study Example (netMBA.com,n.d.) My company Sainsbury is a "UK based food retailer with vested interest in financial services. The company comprises Sainsbury supermarkets, convenience stores,an internet based home delivery shopping service and Sainsbury Bank. The group is headquartered in Holborn, London and it recorded revenues worth pounds 17151 million during the fiscal year 2006-2007, an increase of 6.8% over 2006." (Data monitor plc.,2007) This essentially implies that the factors impacting any one of it's strengths such as it's internet based home delivery shopping facility, changes in demand/supply or organic foods that form the most profitable component. Even factors that impact it's banking service i.e. Sainsbury Bank may impact Sainsbury plc on the whole. There are several internal as well as external factors. The internal factors help the internal analysis part of the equation since they focus to provide a detailed evaluation of the internal analysis part of the equation since they focus to provide a detailed evaluation of the internal environment's strengths/weaknesses. These factors include several such as "company culture, market share, brand awareness,financial resources.." (netMBA,n.d.).These will be internal to the organization; whilst external factors include competitors, in this case ASDA and TESCO that are leading supermarkets in the UK as well. However, the last four mentioned factors are mainly the macro environmental factors and maybe employed in a PEST analysis. PEST stands for political, economic, social and technological factors that have an impact on the economy. In Sainsbury's case these may be sanctions on the import of a certain kind of fertilizer used for growing organic foods that ends up affecting it's organic food sales and hence, it's profitability. Interest rate fluctuations due to an over all economic downturn may lead to lower profits as well. Apart from this, several other macro environmental variables that have an impact include: "pricing regulations. industrial safety regulations,labor costs,inflation rates, interest rates,education, culture, technology's impact on product offerings, like Internet selling etc."(netMBA, n.d.) Three Opportunities The three main opportunities that are basically the outcome of the environmental factors that impact it and that Sainsbury can make use of in the future and convert into it's strengths are the following: Increasing demand for it's organic based products According to the Data monitor, "increasing consumer awareness of health and environmental issues along with an increasing resistance towards genetically modified (gm) food products and GM farming, has led to the rapid increase in the demand for organic food."(Data monitor plc, 2007). According to the UK Telegraph, "Sainsbury's sales have risen once again thanks to the growing popularity of it's organic and premium food ranges. The company which had come under pressure from investors to sell off its property assets is pushing ahead to recovery and it's strong quality food offer has helped it take customers away from rivals such as TESCO and ASDA"(UK Telegraph,2007) This clearly indicates that organic foods have become a Sainsbury trademark with more and more of the supermarket outlets being revamped to include the greens section equipped with quality based organic food supplies. Online market Nowadays, more and more
Sustainable Project Management Essay Example | Topics and Well Written Essays - 750 words
Sustainable Project Management - Essay Example ng the social, environmental, and economical interests in project management life cycle to attain a bearable, sustainable and equitable environment (Kohler & et.al., 2012). In other words, it bonds the people, planet, and profits realized in a construction project. This paper discusses sustainable project management under four concepts; project quality, economic studies (risks and benefits), construction waste management, and build operation and maintenance. Rose (2005) defines quality as the total characteristics of a product that satisfies the implied needs. A construction project has an anticipated project deliverables. Therefore, project quality management is a process that ensures that the delivered project meets the value for money to the client. The details of the scope of works and contract specification document determine the expected and the level of quality. Project quality management should be compatible with ISO 9000 and ISO 1000 quality standards as well as the guidelines. Project quality also focuses on management of the project and the delivered. Project appraisal is a forecasting technique rather than a formulation one. Despite this, there is no forecast without problems (risks). Uncertainties in certain scenarios can be transformed to risks. Therefore the risks are subjected to empirical measurement, analyzed and managed. Risk assessment is a study of existing probabilities that the project will attain a satisfactory performance. The following are the recommended steps for assessing project risks; Cost-benefit analysis is the commonly used appraisal technique for evaluating construction projects. It is required by the client to ascertain the value for money for the delivered project. A sustained project is thus that which he benefits outweigh costs. Cost-benefit analysis is a process that determines the pros and cons on the project life cycle. It is concerned with the benefits from quality management versus the costs of quality management
Wednesday, October 16, 2019
Leadership Essay Example | Topics and Well Written Essays - 250 words - 17
Leadership - Essay Example An example of a transformational leader motivating followers is M. Fethullah Gà ¼len. He has convinced a movement in Turkey promoting a different kind of Islam. Gà ¼len motivates his followers with education, a promise of peace, and tolerance. He has built education centers world wide. These educational centers are based on the Islam faith, but do not require students to be Muslim. Gà ¼len teaches of respect among all religions, Christian, Muslim, or Jewish. Dialogue should be shared among all. Many of Gà ¼lenââ¬â¢s student and followers are motivated by the thought of peace between the religions and furthering of education. The vision is also important. Anyone can say they want to go to the moon, but it takes a leader to get followers to build a rocket ship. The vision must be practical and achievable, with benefits for the followers. It might be impossible to those not wanting change, but Gà ¼lenââ¬â¢s vision is achievable. Thousands of Muslims have heeded Gà ¼lenââ¬â¢s cause of non-violence. Gà ¼lenââ¬â¢s followers believe Islam is a religion and a way of life, just like Islamic terrorists. However, his followers believe that terror or forcing Islam on other cultures is morally wrong. Gà ¼lenââ¬â¢s vision is being carried out, maybe not by every Muslim, but by a good following in Turkey. Hopefully one day Muslims can achieve a lasting peace with each other and the world through transformational leaders like
Sustainable Project Management Essay Example | Topics and Well Written Essays - 750 words
Sustainable Project Management - Essay Example ng the social, environmental, and economical interests in project management life cycle to attain a bearable, sustainable and equitable environment (Kohler & et.al., 2012). In other words, it bonds the people, planet, and profits realized in a construction project. This paper discusses sustainable project management under four concepts; project quality, economic studies (risks and benefits), construction waste management, and build operation and maintenance. Rose (2005) defines quality as the total characteristics of a product that satisfies the implied needs. A construction project has an anticipated project deliverables. Therefore, project quality management is a process that ensures that the delivered project meets the value for money to the client. The details of the scope of works and contract specification document determine the expected and the level of quality. Project quality management should be compatible with ISO 9000 and ISO 1000 quality standards as well as the guidelines. Project quality also focuses on management of the project and the delivered. Project appraisal is a forecasting technique rather than a formulation one. Despite this, there is no forecast without problems (risks). Uncertainties in certain scenarios can be transformed to risks. Therefore the risks are subjected to empirical measurement, analyzed and managed. Risk assessment is a study of existing probabilities that the project will attain a satisfactory performance. The following are the recommended steps for assessing project risks; Cost-benefit analysis is the commonly used appraisal technique for evaluating construction projects. It is required by the client to ascertain the value for money for the delivered project. A sustained project is thus that which he benefits outweigh costs. Cost-benefit analysis is a process that determines the pros and cons on the project life cycle. It is concerned with the benefits from quality management versus the costs of quality management
Tuesday, October 15, 2019
What Lies on the Other Side Essay Example for Free
What Lies on the Other Side Essay Imagine looking out to the other side wondering how life goes on in a different world. Mexican citizens often wonder that same thought. Some Mexicans would like to share a piece of the American dream. The only issue at hand though, is whether the citizens of Mexico cross United States Borders legally or illegally. Illegal immigration has become an ever growing problem, adding to the United States debt and causing controversy nationwide. The issue at hand occurs for numerous reasons, although a few are a direct reason why illegal immigration occurs. One main and probable cause for illegal immigration can be accounted for by the introduction of The North American Free Trade Agreement. Illegal Immigration exploded after the 1994 passage of the North American Free Trade Agreement, which removed tariffs on American farm products imported into Mexico. As a result Mexican farmers could not compete with U.S agribusiness and were forced to find other ways to earn a living. (Dvorak 99) Due to lack of work and pressure to earn a living many were forced to find and alternate and quick way of living. Some chose local jobs, others legal immigration and for the desperate risking their own lives and safety for a better life illegal immigration. Illegal immigration was not always a common occurrence. Before 1960 the number of illegal immigrants entering the country was not well known and never emerged as a major issue (Dvorak 99). This connection proves that years ago illegal immigration was a mere spot on the United States map. Today however, the problem at hand is an ever growing issue. Not only is illegal immigration increasing but puts stress upon the American economy and job market. The effects of illegal immigration in the United States, as well as other countries, provides a vivid view about how illegal immigration effects economics and job market of the country in which illegal immigration takes place. Persons in the United States often talk about the millions without work, but in some cases ââ¬Å"millions of illegals continue to flood into theà United States, competing for scarce U.S. jobsâ⬠(Katel). Due to increased competition illegal immigration causes legal citizens to start reaching out to their government and demanding things be done to solve the issue. Some citizens even go as far as to try and take the issue into their own hands. Illegal immigration does not only take away job opportunities but also governmental funds, which in turn is the peoplesââ¬â¢ money. One must pay taxes in order to fund ones way of life. Illegals, although some do pay taxes, cause U.S. government funds to deplete. â⬠¦an average low skill illegal immigrant household received $30,160 in direct benefits, means-tested benefits, education, and population-based services from all levels of government, while paying only $10, 573 in taxes. (Greenley) Taxes are a major contributing factor for the awareness of illegal immigration. Taxes are such a factor because the legal citizens pay into the government and receive things in return such as education, but the money is also given to those who do not pay for aid or not enough. Taxes and the job market are two major issues the United States faces, but the money the United States spends to combat and control the issues is also a major determining factor. ââ¬Å"Last year 438,997 people were apprehended by the U.S. border Patrol in Tuscon sector for illegally entering the United Statesâ⬠(Nussbaum). The issue is not the fact of the apprehensions, but the money that is spent in order to apprehend. It is said that billions of dollars are spent annually keeping the issue at bay. In order continue, the war on immigration, the federal government and local government must work together. The federal government may spend the most counteracting illegal immigration, but things must be done at a state level as well as a local level. One major state that has seen some of the most seismic illegal activity is Arizona. Arizona ââ¬Å"Americaââ¬â¢s most porous border is a 262-mile stretch, from the New Mexico state line to near Yumaâ⬠(Nussbaum). Illegal immigration causes the state to spend not only money but time and effort to clean up issues that have evolved from illegal immigration. Many are without jobs and with border crossing also causes drug issues. Without jobs people pay no taxes and rely on government aid. The U.S. battle with illegal immigration adds up, on average a single border state spends millions to defend against their border problems (Nussbaum). The States that participate in the war on illegalà immigration pay a hefty price for the safety and security of not only their citizens but the countries as well. There are many ways the citizens of the United States with the governments help can halt or drastically slow illegal immigration from happening at all. The United States was built upon immigration. The United States has one of the most diverse if not the most collaboration of people. ââ¬Å"The United States accepts 200,000 immigrants legally each year, more than the rest of the world put togetherâ⬠(Katel). The immigrants excepted by the United States have gone through all the right criteria in order to become a U.S. citizen. Unlike illegals they have made a life fairly and promote good competition and add to The United Statesââ¬â¢ ever growing society. For those who come legally it is not just to put them through all of the work to become a citizen while illegals do none of the United Statesââ¬â¢ criteria to become a citizen. One of the best ways one can try to alter the odds in the United States favor of stopping illegal immigration is ââ¬Å"ending birth right citizenship for children of illegal immigrantsâ⬠(Greenley). In order for this to occur, congress and the people must vote upon what is to happen. By ending birthright citizenship causes less to leave Mexico. Another way one can try and put a stop to illegal immigration is ââ¬Å"preventing the hiring of illegal immigrantsâ⬠(Greenley). Possibilities open up, such as no green cards and less competition in the job market. Prevention of hiring illegals also causes less to come because many are in search of work but can no longer do so due to their illegal status. There are still many pending issues and problem solving tactics being thought of everyday but no one is certain what the outcome may be. Illegal immigration to this day is a growing problem, causing United States debt to rise and national controversy over the dispute of what to do about the issue. All countries around the world experience illegal immigration. Mexico may be the United States worst culprit; however Mexico is not the only country to have citizens crossing illegally across the border. The only certain idea is the uncertainty of the future between the United States and Mexicoââ¬â¢s relations between immigration. Works Cited Dvorak, William. Five. Immigration in the United States. New York: H.W. Wilson Co., 2009. 360-398. Print. Greenley, Larry. How to Fix Illegal Immigration. new american 24.5 (2008): 15-18. SIRS. Web. 4 Sept. 2013. Katel, Peter. Illegal Immirgation. CQ Researcher 15 .17 (2005): 393-420. Print. Nussbaum, Paul. The Border Wars: Drawing Lines in the Sand. Philadelphia Inquirer 30 Apr. 2006, sec. A1+: n.p.. SIRS. Web. 4 Sept. 2013.
Monday, October 14, 2019
Advantages, Disadvantages: Electronic Record Systems
Advantages, Disadvantages: Electronic Record Systems In the recent past there has been a significant emphasis for the need to implement Electronic Medical Record systems. However, the benefits and shortcomings of these systems need to be evaluated (Amenwert et al. 2004) and a sufficient evidence base gathered using a well structured scientific approach to justify the change and measure the organizational impact (Wager et al. 2000). This essay will address the benefits and challenges of implementing Electronic Record Systems. It will look at applications of these systems in different care settings located in different environments so as to provide a broader view of some of the issues. The roles of the various stakeholders as well as the benefits and challenges they derive from electronic health records will be outlined and a detailed evaluation of paper records and electronic records will be done. Conclusions will then be made based on this analysis. BACKGROUND In context of health care, electronic record systems can be defined as any structured record keeping system, specifically designed to support users by providing context specific information which is electronically accessible, relevant, easily transferable, accurate and complete. These records will usually hold information regarding patients care histories, non specific clinical data, medical knowledge or other health care centered information. (Coiera 2003) As the scope is very broad and Electronic Health Records (EHR) has not been well defined (Hayrinen et al. 2008a), the definition used was limited to EHR and allied systems such as Picture Archiving Systems (PACS), Pharmacy Management Systems, Computer Physician Order Entry (CPOE) amongst other systems used day to day in a clinical setting. These areas are well documented and evidence easily obtainable (Clamp Keen 2005) Role of electronic records and patient Information in population based care A study carried out by Qresearch utilized electronic records extensively with an aim to report on population trends and disease risk factors. The analysis covered a 5 year period and was able to establish that in the UK, London had the highest percentage of patients recorded as being smokers at 25% and the lowest in the South East and South West at 20%. It also established that majority of the smokers ranged from 25-34 years of age across all regions. (Qresearch- NHS 2008). The information obtained provided a platform for decision making to determine the interventions to be undertaken, where resources should be focused and to whom it should target. This kind of data mining is only possible when data is electronically stored (Bocij and chaffey, 2005) as paper records suffer from massive fragmentation (Dick et al. 1997) making it difficult to bring all the data for analysis. It has also been established that manual methods would be ineffective to deal with such large data sets and the multi dimensional analysis required (Fayyad 1996). The ability to perform such operations is a strong argument for electronic record adoption in decision support and knowledge discovery for population based interventions (Kraft et al. 2002). Furthermore, electronic records encourage consistent recording of clinical information and this becomes a key component when aggregating individual records to form datasets. Use of clinical codes allows relevant data to be derived from these unified datasets enabling reliable analysis across different sites. This in effect is key in providing specific information for health research as well as in public health planning (Ambinder 2005) Keeping in line with Pawsons model for context specific evaluation the literature was reviewed by looking at studies done in various sites represented on table 1 and later highlighting advantages and disadvantages to various stakeholders identified. General practitioners General practitioners are the initial point of contact between clinicians and patients, they play a pivotal role in ensuring that a patientÃÆ'à ¯Ã ¿Ã ½s Electronic record is accurate, complete and current (Dick et al. 1997). As direct users of Electronic records, GPs benefit from the linkage of these record systems to other systems such as PACS or CPOE. Requests for ancillary care services can be done at a click of a button and results for tests can be accessed immediately they become available. This in effect enhances the completeness of patient records as they are updated in real time (Ambinder 2005) reducing the GPs administrative load as well as accurately populating records for future encounters (Wager et al. 2000). Additionally, GPs are able to view different aspects of a patients care at a glance, preventing duplication in testing or medication and reducing costs (Jones et al. 2008). Attention can also be drawn to areas that require GPs action through medical alerts thereb y guiding the clinician in the disbursement of care (Coiera 2003). In effect, this increases the efficiency of the GP and a study done in the Veterans Association has shown electronic records has allowed patients information to be available 100% of the time as opposed to 60% of the time reducing the amount of sessions required to resolve patient issues (Wilson 2009) this, as well as enhance patient safety through, for instance, reduced prescription errors (Kaushal et al. 2001) Unfortunately, there is a substantial learning curve and clinicians require training to use these systems (Anderson 2007). GPs may spend substantial amounts of time inputting and retrieving data from these systems at the expense of interacting with their patients (Poissant et al. 2005). As information grows exponentially there is also a fear of clinicians becoming overwhelmed due to the explosion of information (Berner 2005) and the paradigm shift in culture also presents opportunities for resistance to change (Hendy 2005). System usability is also a major concern when dealing with electronic records. Young (2006) argues that this has been a major deterrent to widespread adoption of these systems. Patients and their carers In the UK, The NHS care record service is responsible for holding Electronic records for all UK citizens centrally (NHS 2008a). There is policy in place that will see all patientsÃÆ'à ¯Ã ¿Ã ½ summary records being held nationally and detailed records held locally within the various GP practices (NHS 2008a). This in effect will lighten the burden to the patients and their carers of having to remember the list of drugs, allergies or adverse reactions they may have encountered in the past (Jones et al. 2008).This will reduce the risk from adverse events and near misses that can occur from wrong administration of medication through prescription errors and increase the amount of confidence patients will have on their clinicians (Jones et al. 2008). Furthermore, In the UK, Patients will also be able to view their own summary care records via health space (Greenhalgh et al. 2010) and ensure their records are complete and accurate leading to better patient outcomes (Waegemann et al. 2002 ). Additionally, in emergencies, where GPs may not be readily available, rapid access to the patientÃÆ'à ¯Ã ¿Ã ½s medical history can reduce the time taken to provide critical care (Potts et al. 2004) Ultimately, the main benefit to patients will be increased quality of care and patient safety through increased choice in their care options (Eysenbach Jadad 2001). This will largely be due to portability of these records across different care functions allowing for access by a variety of clinicians. Unlike paper records, electronic records are easily and readily accessible due to the interconnection of systems through networks making them vulnerable to unauthorized access (Berner 2005) This brings a set of legal challenges as to who has access to this information (Delpierre 2004). Under the UK data protection act of 1997 and the privacy act of 1974 in the USA, data about patients is protected by law (Koeller 2002). However, with records widely distributed and at times held by third parties adequate legislation needs to be put in place and security measures such as firewalls and audit trails need to be implemented to protect this data. This raises complexities in implementation as well as expands cost (Koeller 2002) Health service teams and clinicians Health service teams such as pharmacists alongside other health care professional benefit immensely when records are easily shareable and quickly available (Wager et al. 2000) This is information can be used to reconcile medication lists as well as provide key information to multi disciplinary health professionals in a secondary care setting where information is fragmented and spread across different care pathways (Miller Sim 2004). This will reduce clinical risk as well as save time and associated costs (Koeller 2002). Furthermore, the problem inherent in paper records of ineligible notes becomes nonexistent (Schloefell et al. 2001). Coding systems in electronic records also avoids incidents of ambiguity that may be present in free text during care episodes (Dick et al. 1997). On the other hand, there is currently no universal standard for indexing and coding clinical information (Schloefell et al. 2001) this in effect is a challenge to health teams who may have difficulty in accessing patients data across different system platforms (Schloefell et al. 2001)The lack of unanimity in creating uniform standards leads to interoperability across physicians systems, hospitals and pharmacies (Wilson 2009). This limits the amount of choices available to patients and adds unnecessary difficulty to health teams when such incidences occur. Health providers, and allied organizations In the UK health providers such as health trusts and Strategic Health Authorities derive their benefits as a result of benefits derived from patients and health care teams (Jones et al. 2008). Other gains are made from quantifying resources not utilized as a result of implementing EHRs (Byrne et al. 2010) these benefits accrue and are reflected as cost savings to these authorities. Funds realized as a result of these savings allow for better planning on both macro and micro levels with resources efficiently allocated to interventions that have greater impact on the populace (Jones et al. 2008). Furthermore, organizations concerned in medical research benefit immensely when records are electronically stored. The nature of the record allows for data to be easily derived for specific research purposes for learning and for use by other allied institutions with minimal overhead (Mathers et al. 2009). Alternatively, the cost, size and complexity of implementing these systems are prohibitive (Hendy 2005). Many health providers such as the NHS in the UK meet many of these costs. According to the Donabedian perspective, the inputs required in setting up a working electronic record system are both time and cost intensive (Koeller 2002). Infrastructure in terms of hardware and software, expertise, training and associated costs are high especially when these are scaled to a national level (Cressman et al. 2006). In the UK 105BN pounds has been allocated to the NHS for 2010/2011 fiscal year (DoH 2010) and $19BN has been allocated for the year 2011 to promote the adoption of EHR in the USA (Wilson 2009). This however is seen to be inadequate and further investments needs to be done. Comparison of Electronic and paper records physical and described as being material objects with concrete locations, attachments and marking (Bearman 1996). Data is usually handwritten and takes the forms of Narrative text in most instances forms can also be used to insert data. Data entry lacks validation and prone to errors. Conclusions The literature reviewed provides evidence that supports adoption of electronic health records. An analysis of the literature as represented on table 1 showed good evidence indicating improvement of patient safety and increase in efficiency of clinical staff as a result of implementing EHR. Evidence showing an increase in information quality was mainly qualitative and cost benefit analysis was scarce and hard to find. Future benefits and cost savings were predictive at best and were mostly attached to reduction in risk to patients and the assumed calculation of costs savings associated with this. Hayrinen et al. (2008b) stated electronic health systems are as yet not properly defined and methods to evaluate these systems are still not well developed as a result. This in effect raises major concerns, the first being the sustainability of these systems over the long term, the safety of the patients and the quality of information provided (Coiera 2009). As we move forward, systems are becoming larger and more complex and the cost to benefits have major implications to the national GDP of most countries implementing a nationwide health strategy. It is in this respect that the top down approach adopted by the NHS has been favored to the bottom up approach or sporadic approaches in other parts of the world (Cressman et al. 2006). This approach aims to reduce incompatibility in data reconciliation across systems which not only hinders the continuity of patient care but also makes deriving data in a coordinated and timely manner for use in public health highly complex. However, both systems are challenged and other arguments have been made that favor a middle out approach where local institutions drive the process but with oversight from governing bodies who set the standards and policy to guide it (Coiera 2009).
Sunday, October 13, 2019
Buying Favor: Why Congress Depends on Funding From Special Interests Es
There is a problem with Congress. The previous sentence summarizes the collective sentiment of the general public concerning the legislative branch of the federal government. A 2010 Gallop poll revealed that over eighty-nine percent of Americans have no confidence in Congress (Lessig 2). It is theorized that Congress is so far out of favor because it has been unable to resolve the nationââ¬â¢s most important issues, such as Medicare, Medicaid, immigration reform, and the growing budget deficit, due to seemingly trivial reasons. Some theorize this lack of significant legislative action is due to growing partisanship between the systemââ¬â¢s dominate political parties, the Democratic Party and the Republican Party. According to Mark Brewer, ââ¬Å"Politiciansâ⬠¦are more likely to support their party and oppose the other party today than any other time since the 1950s (219).â⬠Another hypothesis explaining the lack of legislative action by Congress is the special in terest theory. According to the theoryââ¬â¢s advocates, the Congress has not accomplished much because of the institutionââ¬â¢s dependency on large-scale campaign contributions; and these donors would rather there be little regulation or regulations supporting their specific industry. To support this hypothesis, Harvard University law professor Lawrence Lessig authored Republic, Lost: How Money Corrupts Congressââ¬âand a Plan to Stop It in 2011. The book details the effect of campaign funding by special interests and its effect on congressmembers and government policies. Within Republic, Lost, Lessig attempts to draw interest to the issue he believes is the reason for the federal governmentââ¬â¢s inactivity: dependence corruption. He argues congressmembers have become unresponsive to the will ... ...ed States Trade Representative. ââ¬Å"Statement by U.S. Trade Representative Ron Kirk on Congressional Passage of Trade Agreements, Trade Adjustment Assistance and Key Preference Programs.â⬠Web. 4 May 2012. . ââ¬Å"Public Support for Increased Trade, Except With South Korea and China.â⬠9 Nov. 2010. Pew Research Center. Web. 4 May 2012. Tea Party Platform. ââ¬Å"Ten Core Beliefs of the Modern-Day Tea Party Movement.â⬠2011. Teapartyplatform.com. Web. 4 May 2012. . United States Bureau of the Census. ââ¬Å"Income, Poverty, and Health Insurance Coverage in the United States: 2010.â⬠By Thom File and Sarah Crissy. May 2010. Census Bureau. Web. 4 May 2012. .
Saturday, October 12, 2019
Notebook Computers :: Technology Informative Essays Laptop
Notebook Computers Imagine working on your English papers sitting comfortably on your couch in front of the TV, or working outside on a beautiful day. This dream could be a reality for those who purchase a notebook computer. Today's notebooks have just as much computing power as desktop models but are more compact, and with wireless internet access are now more portable than ever. This paper will give a brief history of notebook computers, explain how they work, and compare a couple models. First Notebook 1979 Notebook computers have been around longer than most people would realize. The first notebook was designed in 1979 by William Moggridge of Grid Systems Corporation. It was one-fifth the weight of any equivalent desktop model and was used by NASA on the space shuttle in the early 1980s. Apple Computer introduced its first notebook-sized computer in 1984. Although the Apple IIc was genuinely a portable computer it was not a true laptop. The actual computing system weighed about 10 to 12 pounds total, but the monitor was heavier than the computer itself. In 1986, IBM introduced the first compact computer small enough to be called a laptop, the IBM PC Convertible. It weighed 12 lbs and sold for $3,500. The PC Convertible was a success, and ushered in the laptop era. The major aspects of notebook computers are the same as desktops. They contain processors, operating systems, memory, disk drives, input/output ports, sound cards and speakers. The ââ¬Å"brainâ⬠of the notebook is called a ââ¬Å"microprocessor.â⬠It coordinates all of the computer's functions according to programmed instructions. The operating system, such as Windows 98/2000/NT/XP, Linux and Mac OS, is the set of pre-programmed instructions that tell the processor what to do. Notebooks contain both RAM and ROM memory. ROM stands for Read Only Memory. It can be read from, but not written to. ROM is where the basic input/output is stored. RAM is the memory that stores application software and data files while the computer is operating. In order for notebooks to be more portable and durable than a desktop, the memory modules have to be different.
Friday, October 11, 2019
For Which of the Boys Essay
The boy that I felt the most sympathy for in The History Boys would have to be Posner. The portrayal of his character compared to that of the other boys is entirely different. Throughout the play, Posner is shown to be an outsider; ââ¬Å"too youngâ⬠to understand most things, and even to be included in Hectorââ¬â¢s inappropriate behaviour. It is evident from the start that Posner has feelings towards Dakin, however Dakinââ¬â¢s behaviour towards Posner is far from romantic, hence we can sense that he doesnââ¬â¢t return the romantic feelings that Posner so desperately desires. This immediately creates sympathy for him, as it shows that he has no hope of happiness with the person whom he clearly loves. As the play progresses and develops, we can see that Posner is confused about his sexuality and is tormented by the idea that heââ¬â¢ll never fit in anywhere. He confesses his feelings and worries to Irwin who sympathises, however this does nothing to comfort Posner. As the other boys begin to change their attitudes towards life and learning, Posner seems to remain the same and spend more time with Hector. This could be viewed as very odd behaviour, as the other boys seem keen to avoid any time alone with Hector due to his ephebophilia. This, again, highlights the fact that Posner is extremely lonely and confused, therefore is willing to seek comfort with even the most inappropriate of people. When the disastrous event of the motorcycle accident happens at the end of the play, we are given an insight into just how much it affected the boys in years to come. While it seems that the others have moved on in life, Posner is described to have ââ¬Å"periodic breakdownsâ⬠and to have been the only one that ââ¬Å"truly took everything to heartâ⬠. This proves that Posner was really affected by those particular years of his life, despite the fact that he was never directly targeted by Hector. Overall, Posner is presented as a confused, lonely character which generates large amounts of sympathy from the audience.
Thursday, October 10, 2019
Reflection upon NSTP Essay
Jim Henson once said, ââ¬Å"Kids donââ¬â¢t remember why you try to help them. They remember what you are.â⬠Helping doesnââ¬â¢t necessarily mean that you have to be smart; you have to be a rich person or government officials. In fact, being a good and intellectual person does make you belong. A program named Civic Welfare Training Service (CTS) will help you acquire those required qualifications in order to possess an effective community helping even without getting in contact with government officials. CTS are one of the means for us students to help those in needs as well as for us to contribute to society by aiding these people to become better citizens. At first, I only require myself to attend and give presence every meeting just for the sake of passing and completion of units. Little did I know that CTS was not just a subject to attend but rather exposing oneââ¬â¢s self into realities of life. As a student, I am not very much exposed to different kinds of people, different situations of everyday life, and to different communities as well. In our immersion that was held twice, I have seen those. It made me realized how blessed I am compared with them. So I have attained the urge of taking it as challenge. I am challenged because I am not typically a patient person and not quite interested in helping our community. As a beginner, you must possess virtues like integrity, dedication, fairness and an open mind to greet new ideas and innovate. You should also bear in mind the value of positive reinforcement. I was also taught that we should always establish good relationships with the kids. I witnessed many scenes that a helper encounters in his/her civic service career. I felt what those people oneââ¬â¢s being generous when he/she wants community to learn something new from his/her. Here, I felt pity with the students not having a proper care from their family. I learned so many things in this serving experience. I learned how to be more prepared for the foods that I will give to them, and to be patient in making understand our purpose of helping them, and to be a good listeners too in their own stories. I learned the difficulty of servicing community and the joy I got from it. I learned how to have sympathy for others, to understand their weaknesses and to appreciate their abilities. Most of all, I learned how to socialize with other people, expose myself to the community and adopt their surroundings. CTS helped me develop and grow even more as a student. It opened our minds for us to be able to understand the different circumstances as to what the children experienced. It helped us not to be judgmental to these children and instead to extend our patience until they will be able to understand what is taught to them. We always end our program with a prayer, making the children realized that whatever happens, we should always thank God about everything for what He had given to us, that we should ask for forgiveness and hoping that by the next immersion, it would be much better.
Wednesday, October 9, 2019
A sociological investigation into cohabitation in Britain today Essay Example for Free
A sociological investigation into cohabitation in Britain today Essay ? In my coursework I shall conduct a sociological investigation into cohabitation in Britain today. This is expanded from my previous coursework, which updated past research into the stigmas attached to cohabitation. It interests me to investigate whether facts and opinions of cohabitation have changed over time. To achieve this aim I shall look at the following questions throughout my research: 1. Why has cohabitation increased? 2. Does cohabitation have an effect on children? 3. What advantages and disadvantages are there to cohabitation? 4. Is there still a stigma attached to cohabitation? 5. Do cohabiting couples ever wish to marry or is it a permanent status? I believe that cohabitation is increasingly replacing marriage. I intend to research cohabitation using a questionnaire, which will be given to both cohabiting and married couples to complete. 133 Words Context Cohabitation has doubled since 1981 to around 25% and is greatly increasing. It is defined as when two people live together in a relationship without being married. This can be either a short-term arrangement or a permanent status in which the couple do not see the need to be legally married. Sociologists have researched into many areas of cohabitation and the family. However, more recently the main focus has been on the increase in cohabitation. It is argued that marriage is becoming less popular and so people are developing alternatives to conventional married life. Also, there are increasing numbers of marital breakdown, which are reflected in rises in the divorce rates. The General Household Survey from Social Trends (2000) found that in Great Britain between 1998 and 1999, 26% of males and 25% of females, between the ages of 16 and 59, were in a cohabiting relationship. This is relevant as it show evidence of the large numbers of cohabiting couples in society today. Chester (1980) has argued that cohabitation is only a temporary situation that often leads to marriage. Chester said that in many cases it is not possible for a couple to marry, due to one or both partners being married. Also, many couples see cohabitation as a trial period, which often determines whether they choose to marry. Chester concluded that around 2% of single women aged 18-49 are living and bearing children in ââ¬Å"constitutional unionsâ⬠which may be permanent. However, Chandler argues against this theory, seeing the increase in cohabitation as more significant. Chandler says that couples appear to be spending lengthening amounts of time cohabiting and seem to be choosing cohabitation as a permanent replacement for marriage. Chandler (1993) supports this by noting that 28% of children were born to unmarried mothers, 70% of which were registered by both parents. These arguments show the conflicting opinions, between sociologists, regarding the status that cohabitation appears to now have. Approximately 15% of one-parent families are created through the break-up of cohabiting unions, showing that cohabitationââ¬â¢s with children are even more likely to break-up than childless ones. Today, more than 20% of children are born to cohabiting couples, although around only a third of these children will remain with both parents throughout their childhood. This means that children born to cohabiting parents are more likely to experience a series of disruptions in their family life, which can have negative consequences for their emotional and educational development. Berthoud and Gershuny found, in ââ¬Ëseven years in the lives of British familiesââ¬â¢, that 70% of children born to married parents are likely to live their entire childhood with both parents whereas only 36% of children born to cohabiting parents remain with both parents. It has also been shown that children living in cohabiting stepfamilies are at a significantly higher risk of child abuse, showing that these informal cohabiting families are the most unsafe environments for children. This is interesting as it shows an insight into the effects that cohabitation can have on children. There have been many theories as to why cohabitation has increased, alongside the simple and more obvious explanations. Marriage is seen as a more risky choice in a relationship due to the divorce rates and expense of marriage, along with the decline in religious influence and growing economic and employment insecurity worries. Single parenthood has been a partial explanation as to why cohabitation has increased as many women choose to cohabit in a relationship, rather than having the irresponsibility of raising a child outside of a stable relationship. Cohabitation has greatly occurred from the great rise in divorce rates, which may also have the effect if children, from divorced parents, being wary of marriage. However, the decline in childbirth and the conscious decision to not have children may have made it less necessary for couples to marry. Past research conducted into sociology appears to indicate that the once prominent stigma attached to cohabitation has greatly declined in society. Th decline in the negative view to cohabitation, in society, has been shown in the Social Trends Survey (1996). The results from ââ¬Ëpeople who feel cohabitation is wrong: by gender, 1994ââ¬â¢ show that between 1960 and 1978, 7% of males and 6% of females felt that cohabitation is wrong. This has greatly decreased from 40% of males and 37% of females in 1930. These statistics could also imply that these numbers are still decreasing in society today. Ronald Fletcherââ¬â¢s (1988) theory shows an inclination as to why this social stigma has decreased. He suggests that cohabitation is a form of marriage, which is similar to that of a nuclear family, rather than a different relationship form altogether. He argued that cohabiting couples are concealed nuclear families that are not legalised through marriage. This theory not only suggests reasons for cohabitation but also indicates that it could continue to increase in society. 810 Words Methodology feelings towards discussing such information. Using a questionnaire will allow me to get results in a short period of time, which will be easy for both me and my participants as it will take into account any individual variables, such as the participant being in a rush etc. Questionnaires will be the best method of data collection for my study as I can then easily quantify and analyse the results in relation to my rationale. I shall conduct my study by In sociology, structionalists and interactionists have each used different methods of attempting to research areas of sociology. Structuralists are positivists and so use scientific, quantitative methods if collecting data. Common methods used by structuralists are laboratory experiments, which isolate the variables to find a relationship between them and field experiments, which, attempt to control variables in a natural situation. Also used by structuralists are questionnaires, structural interviews and the analysis of official statistics. Interactionists, however, are anti-positivists and reject scientific research methods, using qualitative methods of collecting data. Common methods used by interactionists are informal/unstructured interviews, where the subject directs the interview, and participant observation, where the participants are observed during their daily activities. For my research I shall be using the quantitative research methods of questionnaires. I considered using formal interviews to collect my data as I would have been able to get more in-depth and personal results, but decided that this would be more difficult to conduct and a suitable sized sample may be harder to find for reasons such as time difficulties and personal handling out questionnaires to randomly aged cohabiting, married and non-cohabiting couples. I shall use 25 questionnaires to complete my study as I feel that this is a relatively suitable sized sample to gain reliable results with. I have chosen this sample in the hope that I will gain a wide variety of couples and ages, without attempting to manipulate who participates. The gender of my participants shall also be randomly selected, rather than pre-determined. I shall also distribute my questionnaires in a variety of places sixth form college, workplace, public areas) to aid my aim of getting a varied sample and ensure that my results are representative. I shall ensure that I am ethical in my approach of this by gaining their consent before handing them the questionnaire. The questionnaires shall also have details of the nature of the study written above the questions and they shall be verbally informed that it is not required of them to answer any questions that they do not wish to. The questionnaires shall also be confidential and so will not require a name or contact details from the participant, which may increase the validity of my results as they may be less likely to lie or refuse to disclose information. When constructing my questionnaire I ensured that I considered all of my aims, stated in my rationale. I included questions which required both written answers and a choice of pre-selected answers, depending on the nature of the question. For two of my questions, the answer choices were given in ranges, rather than individual answers (e. g. are you, 26-35 etc). I did this with ages to male the question less personal as the participant may be uncomfortable disclosing their exact age. It has also been done when asking how many cohabiting couples they know of, as it is unlikely that they would consider the exact amount accurately. I constructed the questionnaire in a form that is suitable for both married and cohabiting/non cohabiting couples to complete, and based all of my questions on a more personal form of my aims, which will hopefully result in valid results. Before conducting my final study, I completed a pilot study of four questionnaires to find any area of improvement which could better my final study. I conducted and distributed these questionnaires in exactly the same way as planned for the final study. I feel that my pilot study was successful and without any major problems. I shall, however, change some minor aspects of the questionnaire. I found that the question regarding ââ¬Ëbenefits of cohabiting couplesââ¬â¢ may have been misinterpreted as financial benefits only, and so I shall change the structure of that question. I also found that people were writing more, for their answers, than the allocated space and so I shall add more lines per question on my final questionnaires. The remainder of my questionnaire shall stay the same. 741 Words Evidence To present the results of my questionnaire I shall display and discuss each question individually, in the order which they appear in on the questionnaire itself. 1. Are you: Male Female I decided to first gain some knowledge of the participant so that any relations could be made between the results and their personal details, if necessary. For my research, however, I am looking at the overall current opinions of the public and so am not looking for any direct relationships related to gender. Due to my random sample it was not expected that an equal number of males and females would be used, and this is shown in the above table. A sociological investigation into cohabitation in Britain today. (2017, Sep 10).
Tuesday, October 8, 2019
Progress report Essay Example | Topics and Well Written Essays - 1000 words
Progress report - Essay Example A credit crunch usually happens during a recession (as what we are in right now) that results in greater difficulty in getting or securing borrowed money from banks and lenders. A crunch occurs because the usual lenders are nervous about lending out their monies due to the reduced prospects of repayment, such as during a recession when the economy is not doing so well and impacts negatively on peopleââ¬â¢s ability to repay a loan. This brief paper aims to look and discuss how the current credit crunch is affecting all consumers. Most academic research and newspaper reports only talked about a credit crunch and its impact on big corporations but neglected its effect on individuals. It is the objective of this paper to correct this oversight and enlighten people on how the credit crunch affects them individually on a personal level. The rationale for choosing this topic is that a credit crunch has a negative effect on everybody from availability of jobs to the ease of getting a loan and to the interest charged on credit cards and home mortgages; its impact is very wide ranging. Discussion Consumer spending accounts for roughly 70% of the United States economy. GDP is the measure of all the goods and services produced by labour and property within the country (Young, 2011:1). The United States economy has a big impact on the world economy because of its sheer size. However, there are also some constraints to consumer spending, primarily a depressed economy that contributed to a high 9.8% unemployment rate. Even here at United Kingdom, the economy is also largely dependent on consumer spending. Figures produced from the statistics office showed that household final consumption expenditure (HHFCE) had grown by 1% only in the third quarter of last year (at current prices) compared to1.9% growth in the second quarter of 2010 (Clancy, 2011:7). The practical implications of a credit crunch are more expensive credit cards, higher rates for housing mortgages, decreased savings or pension funds reduced in value and perhaps even much worse, personal bankruptcies and repossessions. A cause of the credit crunch that is experienced today can be traced to the ââ¬Å"housing bubbleâ⬠in the US where house prices kept increasing due to low interest rates. An asset price bubble (residential properties) came about when house prices went up without any corresponding change in the fundamental demand. It simply means house prices increased due to speculation (Kroszner, 2005:3). Because of this sudden drop in housing prices, the wealth of most home owners had been wiped out. Structure of this paper follows the trail of effects of a credit crunch on people. It begins with different channels of credit, then how it affects jobs and employment, then on to interest rates and then followed by the implosion in savings and pensions. The last part of this portion talks on the pain of home foreclosures. The next parts of the paper discuss how an asset price bubble will start to form because once a bubble bursts, it results into a recession and a credit crunch. The last part discusses how the central bank deals with it and how people can cope with it. Because of the credi
Monday, October 7, 2019
Choose a topic urself for my research proposal in finace .i am doing
Choose a topic urself for my in finace .i am doing mba in finace and i have to submit a for my dessertation.find tha infromation file about this - Research Proposal Example termining the answers to these questions, there is a need for conducting a research study, which may provide the guidelines to the investors while selecting the right stocks. Small-cap, Mid-cap and Large-cap companies show varied performance based on the difference in time-horizons and geographic setting thereby creating discrepancies in the expected/predicted and actual movement in company performance Fisher (1966), Fisher and Lorie (1968, 1970, and 1977) and Ibbotson and Sinquefield (1976) studies are primarily based to determine the long-run returns of different cap companies.2 According to Casey, Quirk & Associates (2006), ââ¬Å"The Small Cap universe has grown much faster than the Large Cap universe.â⬠3 The small cap European companies outperformed the large cap European companies in first quarter of 2006, thereby, continued their six year cycle of out-performance.4 ââ¬Å"Market expects 21% growth in small caps, 16% in mid caps and 10% in large caps.â⬠5 Brad (2006) argued that market capitalization-based indexes signify the clearest explanation of the market opportunity set.6 According to Integrity Research Associates (2007), during the last five years, the small cap companies have outperformed large cap companies and the assets of these companies have grown from $86 billion in 2005 to $102 billion in 2007.7 ââ¬Å"Today, there is a growing demand for managers with a broader small/mid cap, or ââ¬Å"SMIDâ⬠cap mandate to manage the non-large cap equity portion of a portfolio.â⬠8The mid cap companies outperform the large cap companies because mid cap stocks are flexible, innovative, capitalised, globally diversified and high growth aspects.9 In order to evaluate the impact of the market cap on the performance of the companies, Ibbotson Associates conducted a study, which showed that 94 percent of the 20-year periods from 1976 to 1995, the smallest cap companies performed better as compared to the large cap companies.10Roxy Capital Management, LLC also conducted a
Sunday, October 6, 2019
Five Secrets of Charismatic Leader Assignment Example | Topics and Well Written Essays - 500 words - 2
Five Secrets of Charismatic Leader - Assignment Example It enables people to go beyond the confines of mediocrity and tread into the realm of existence. In the process, it induces people to define their desires and to pursue them with passion. Ultimately, leadership transforms potential into reality. Charisma has been identified as one of the characteristics of transformational leaders. Tasler indicated that ââ¬Å"displaying charismatic leadership is one of the most effective ways to boost everything from motivation and creativity to productivity and plain old satisfactionâ⬠(Tasler, 2010, par. 2). In this regard, leaders who do not seem to possess the charismatic qualities have renewed hope to develop the rudiments for honing this potential. Through a research conducted by Francesca Gino from Harvard Business School and David Hofmann of the University of North Carolina, the secrets of unraveling the charismatic powers in leaders are revealed. As presented by Tasler, there are specifically five steps to assist leaders in developing a more charismatic personae, to wit: (1) through a definition of the main character; (2) identifying the ultimate goal or the happy ending; (3) pinpointing the weakness of the current situation; (4) identifying the alternative courses of action; and (5) encourage outpouring of emotions. Simply put, Taslerââ¬â¢s advice is focused on: ââ¬Å"charisma can be conveyed simply by using emotional words. Incorporate such words as nervous, afraid, and frustrated to heat up your descriptions of the not-so-happy beginning, and then use words like excited, confident, proud, and peaceful to make the happy ending feel happier. The goal is to create a stark contrast between the unpleasant feeling of the place they are currently in and the wonderful place they can go to if they do what you askâ⬠(Tasler, 2010, par. 12).
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