Opinions And Social Pressure Influences On Human Behaviour

Questions: Point: To value the effect of social impacts on human conduct Scenario: You are a word related analyst who has been approached to improve staff efficiency and consistence to enactment in an emergency clinic setting. At this emergency clinic staff don't follow the official set of accepted rules. A half year prior an exceptionally high status supervisor was utilized to fix the issue. The director was worried about the period of time, for example, it was taking staff to see patients and aware of the way that should this example proceed, the Care Quality Commission may force extraordinary measures against the emergency clinic. To address this quick concern, the chief expressed that staff ought not trust that a specialist will sign administrative work before taking care of patients. From that point forward new individuals from staff have been enrolled to facilitate the outstanding task at hand on staff. The new individuals from staff are following the activities of past staff individuals instead of the set of accepted rules. Undertaking : (1) Using your insight into social impact, fundamentally clarify the conduct of staff individuals working at the emergency clinic, making reference to investigate all through. (2) Critically propose and ponder direction (proposals) to the Hospital Board of Governors on the best way to improve the circumstance. Answers: The conduct of staff according to mental examination The point of the paper is to value the effect of the Social impacts on the human conduct. As a clinician, my first point will examine the conduct of staff. When the assessment is made, finding the arrangement will be simpler. This is such an emergency clinic where the staff individuals are rebellious. In contrast to different clinics, here the staffs are obstinate and don't follow the official set of principles. Be that as it may, let us investigate what the staff individuals need to state. Indeed, even they have disappointment in regards to the medical clinic authority and the framework is occurring inside the emergency clinic condition. (Bizfilings Team, 2012) In the wake of addressing a portion of the staff individuals, I discovered that, there is a major issue identified with documentation inside the medical clinic condition. Paper marking before meeting specialist is an issue. In this manner, staffs are accused and they can't arrive at the patients to the specialist on need. The medical clinic authority has enlisted the new staff individuals with the goal that the past representatives can get some straightforwardness. Yet, the difficult despite everything proceeds after their sending. Indeed, even the new staff individuals have begun following the strides of the old ones by defying the set of accepted rules. (Asch, 1955) Meanings of Key Psychological Concepts Brain science is an investigation of human psyche alongside its intricacy and capacity. The conduct of a human can influence the earth where he is remaining. This is the investigation of understanding the psychological condition of an individual or a gathering with general standards and exploration. Therapists have the capacity of understanding the psychological capacity and social conduct of people. With respect to intellectual capacities and practices, they pass impact on both mental and natural procedures. With the investigation of brain research, it is a need to investigate the idea of cerebrum work, feeling, recognition, insight, cognizance, character and so on. (Incorporated ociopsychology Team, 2013) Studies-Popular social impact contemplates incorporate Asch, Milgram, Crutchfield, Sherif, Hofling, Zimbardo Social impact investigation of Solomon E. Asch Social effect on an individual or a gathering can be discovered through a trial directed by Asch. Here, you can accept yourself to be one of the up-and-comers while running mental examinations. You alongside 7 additional individuals are approached to sit in a little space for the trial. This analysis will give the aftereffect of visual judgment of individuals. Here, two cards are set before your eyes. The one at the left hand side has a solitary vertical line. The card put at the privilege is having three lines with various length named as A, B and C. Presently, every one of you sitting in the room need to discover the line in right side card which has a similar length with vertical line in the left hand side. A few people would pick one line, while others would offer an alternate response. According to your observation, one gathering or an individual isn't right. Yet, in the event that your idea doesn't coordinate with the greater part, what will you do? Will you believe your judgment or will go with the larger part? Much of the time it has been discovered that individuals go with the lion's share regardless of whether he/she knows about right answers. As indicated by the analysts, Solomon Asch, this is the physiological weight from individuals which influences the correct recognition. (Asch Stanley Milgram, 1958) Social impact investigation of Milgram In Milgrams social impact try 40 guys were picked. They were between 20-50 years old. They were relegated employments that run from untalented till proficient. The sum paid to them was $ 4.50 in the year 1963. Milgram likewise remembered a student and an instructor for an examination. Two rooms were utilized, one for student and the other one for the instructor. The student was given the hot seat and the instructor was given electric stun. After the stun, he was approached to review his band together with four decisions. With each electric stun, the student furnished wrong response. Be that as it may, the educator would not take electric stun. In any case, 65% of the educator proceeds with the most elevated level of 450 volts. (McLeod, 2007) Milgram reasoned that lower level or lower level do follow the requests, in any event, when they are in the degree of murdering themselves. They are dutiful. Be that as it may, the authority of more elevated level takes care of themselves. Social impact investigation of Zimbardo The well known business analyst led an investigation on jail. Here the subjects were solicited to assume jobs from detainees and gatekeeper. The watchmen so framed were given glasses and sticks. Be that as it may, the people assuming the job of detainees were captured by the police division. They had to wear detainees piece of clothing and chains. They were then moved to the storm cellar of the Standford brain research division that takes after prison. This offered ascend to the progressiveness of the gatekeeper with twisted nature. There were uproars and a considerable lot of the subjects were harmed. This examination demonstrated human reaction to bondage with social impact. Alongside the bondage, the test additionally demonstrated acquiescence and susceptibility of individuals with the help of social organization and authentic philosophy. Basic conversation of the hypothesis As it is characterized over that there are three speculations which are propounded for the explaining the mental angles and the points of view. All the three speculations straightforwardly and in a roundabout way bolster the way that to deal with the social viewpoints, it is fundamental to adhere to the standards identified with the dutifulness. To follow the angles identified with the acquiescence, it is basic to adhere to the reasonable guidelines and the arrangements. This is considered in the kindness of the hypothesis. In any case, there are some negative perspectives too which neutralizes the hypothesis. The hypothesis of Zimbardo proposes that there are odds of the uproars and clashes are getting normal. While, in Milgram it is characterized that however they follow the lesser staff is keeping the standards, yet the seniors are abusing the position they hold. This negative angle additionally makes the negative impact on the handling of the procedure in the medical clinic. Suggestions Since the rebellious staff individuals in medical clinic are making multifaceted nature in the earth, there must be somebody or a gathering that handles staff issue and their prosperity. The Human Resource division ought to be built up by a certified HR chief and authorities to deal with the staff individuals individually. On the off chance that their needs are genuine, emergency clinic the board must help them. Yet, in the event that staffs raise hell intentionally, disciplinary move must be made against them. The emergency clinic authority must beginning with the end of the old staff. In the wake of review this, the new staff individuals may change their mentality and help out the organization. In any case, regardless of whether different staffs act in the comparable manner, its better to end whole bundle with the show cause and disciplinary standard. The new selected staff bundle will be substantially more helpful and will stay with the principles and guideline of the association. In the wake of watching the total situation altogether it is likewise suggested that the suitable desk work is fundamental to convey. By this desk work, the genuine state of the patients will be resolved and no space for the contentions will be left. The utilization of the various kinds of the speculations in the examination additionally helps a great deal in deciding the perspective identified with the situation. It is additionally prescribed that to recognize the mental and organic perspectives, it is basic t o treat the patients on the passionate level, with the goal that it gets simpler to distinguish these issues and to reassure them may likewise turn out to be simple. End Concise arrangement is consistently critical to help bosses who manage the resistance issues. Resistance is an issue looked in the vast majority of the associations. Here, the workers intentionally ignore with the real orders of bosses. They have an attitude of growing option to battle. It has been discovered that, the staff individuals are not offering appropriate support to the patients. They are patients, yet in addition clients of the medical clinic. They have basic medical problems which need quick consideration inside the emergency clinic condition. This is anything but an indication of mankind. Each staff working in a clinic ought not consider financial advantage. They will undoubtedly help patients as this is an honorable calling. Yet, the staffs are not under any condition staying with this idea. Indeed, even the new staff individuals who are selected have been damaged by the old ones. In any case, since there is an issue identified with sign and documentation of papers, they should be given an individual archive. This data will be a key to go from the patient till it arrives at the treatment system. This is the way the staff part

American Home Products Corporation Essay Example for Free

American Home Products Corporation Essay American Home Product Corporation (AHP), a profoundly developing American organization, has four business lines: professionally prescribed medications, bundled drugs, food items, house products and family unit items. Its arrangements include: - A tight money related control and kept up a forceful capital structure strategy. Bring in cash for its investors and to boost benefits by limiting expense. It has had the option to back inside its development while paying a high bit of its gaining to its investors (60%). As of now, AHP appears to have no business hazard however may confront a specific hazard over the long haul. In light of the proportions appeared on the joined sheet, AHP ought not stress over business hazard since its working capital is extremely sound ($1472.8 million) and money overabundance $233 million. The high ROA, high overall revenue, low current-to-resource proportion and 49.71 assortment days show that AHP can create money rapidly, therefore it can keep up current high development rate. Notwithstanding, it’s diminishing yearly deals development from 14.1% in 1978 to 8.8% in 1981 (display 1) shows that it faces future danger of losing pieces of the pie in the entirety of its business lines in the event that it doesn't anticipate rivalry and keeps on concentrating on expanding stockholders’ esteem. AHP’s current money related execution is generally excellent since it has high ROE (30.3), high snappy proportion (42.68), low obligation to-value proportion (0.09) and low obligation to-resource proportion (0.01). In any case, an examination of various obligation proportions shows that if AHP builds obligation proportion, it will confront a monetary danger of expanded obligation to-value and obligation to-resource proportions. At the end of the day, it will confront dissolvability issues in long terms. AHP additionally face liquidity issues since the speedy proportions decline when the obligation proportions increment. 2 The proposed system follows a double component of utilizing:- (an) Increase the Debt Equity Ratio. (b) Buy back the offers. This likewise brings about the accompanying:- (I) Improves EPS as the sum gets shared by lesser number of offers. (ii)Improves Price/income proportion (iii) The abundance capital gets used. (iv)Sends a +ve sign to the market and offer costs liable to increment. (v) Improves Return on Equity proportion. The counts encased show that the best alternative as per the organization expressed strategy is have Debt-Equity Ratio of 70%. Shareholders’ esteem increments when obligation proportions increment. EPS increments from $3.18 to $3.49. The profit payout proportion likewise increments from 0.597 to 0.602. Thus, the profit yield from 0.063 to 0.070. It implies that the organization can increment shareholders’ esteem by expanding obligation proportions. Anyway the accompanying should be thought of:- (I) The esteemed total assets of the firm which diminishes may not pass on the right picture to the financial specialist and along these lines nullifying the positive signs of repurchase of offers. (ii) The firm has no procedure identified with RD in new items and spotlights on me-too items in this way comprising an enormous business chance. (iii) The firm would diminish the money to obligation proportion considerably presenting itself to monetary hazard. The nearest contender has Debt †Equity Ratio of 30% which whenever taken as a benchmark gives a traditionalist strategy for choosing the proposed utilizing, anyway this doesn't expand the investor esteem, however is in accordance with the solid conservatism theory of the firm. It likewise gives a superior Return on Assets proportion and has a more secure Debt to Cash proportion. Despite the fact that AHP has an awesome current money related execution, it should change the budgetary approach to expand obligation proportion at a specific level. To meet the objective of expanding shareholders’ esteem, AHP ought not utilize its overabundance income to repurchase its stocks since this is just an impermanent arrangement and may produce genuine monetary issues over the long haul. Rather, AHP should utilize this overabundance money to put resources into beneficial undertakings to improve its present items and dispatch new items that fulfill current market needs. Thusly, AHP can limit the business chance, set itself up for rivalry and increment deals development. On different hands, AHP should build obligation proportion to a specific level that is appropriate for itsâ business to increment shareholders’ esteem. Additionally it should keep on practicing tight fiscal arrangements as prior to take care of the obligation in a trained way This arrangement doesn't carry budgetary hazard to AHP however empower it to limit business chance. On the off chance that AHP stays just worried about how to increment shareholders’ esteem and disregards showcase dangers, it may lose its business to its rivals.

Just Everyday Life

Just Everyday Life Hey guys, Very soon, a lot of you high schoolers will find  out whether or not youve been accepted into Illinois, and that is a very exciting prospect! This will be the culmination of all of your hard work throughout high school, and whether or not you decide to attend Illinois, you should be proud of yourself. One of the very cool things about being able to attend a university as big as Illinois  is the availability of resources and opportunities that many other schools are not able to boast about. For instance, just today at my internship that the university assisted me in getting, I was able to speak to and interview the Executive Director for the NCSA (National Center for Supercomputing Applications), which is one of the worlds best supercomputer centers! You just cant do things like that everywhere. Image found on skylinepictures.com. On top of all of the opportunities that Illinois  students are able to take advantage of, the ability to be at a large university yet also feel at home within a tight-knit community is rare. The way colleges and majors are grouped here at Illinois, students can really be given a sense of belonging that other large universities cant really compete with. Combine that with the large international community that we have, a strong (albeit currently ailing) tradition in athletics, and  a thriving campus, and you have yourself a place that you can truly call home.  And these are things that we, as students at Illinois, experience here all the time! Well, I hope this was convincing to all of you incoming freshmen, and I wish you all luck in your endeavors, wherever they may be. Until next time, Kenny Kenny Class of 2016 I’m in the Creative Writing program in the College of Liberal Arts and Sciences. I’m originally from Tampa, Florida, but I’ve been calling Illinois my home since 1998. I’ve lived all over the Northwest suburbs, from Palatine to Lakemoor to where I currently live back home, Mundelein.

Just Everyday Life

Just Everyday Life Hey guys, Very soon, a lot of you high schoolers will find  out whether or not youve been accepted into Illinois, and that is a very exciting prospect! This will be the culmination of all of your hard work throughout high school, and whether or not you decide to attend Illinois, you should be proud of yourself. One of the very cool things about being able to attend a university as big as Illinois  is the availability of resources and opportunities that many other schools are not able to boast about. For instance, just today at my internship that the university assisted me in getting, I was able to speak to and interview the Executive Director for the NCSA (National Center for Supercomputing Applications), which is one of the worlds best supercomputer centers! You just cant do things like that everywhere. Image found on skylinepictures.com. On top of all of the opportunities that Illinois  students are able to take advantage of, the ability to be at a large university yet also feel at home within a tight-knit community is rare. The way colleges and majors are grouped here at Illinois, students can really be given a sense of belonging that other large universities cant really compete with. Combine that with the large international community that we have, a strong (albeit currently ailing) tradition in athletics, and  a thriving campus, and you have yourself a place that you can truly call home.  And these are things that we, as students at Illinois, experience here all the time! Well, I hope this was convincing to all of you incoming freshmen, and I wish you all luck in your endeavors, wherever they may be. Until next time, Kenny Kenny Class of 2016 I’m in the Creative Writing program in the College of Liberal Arts and Sciences. I’m originally from Tampa, Florida, but I’ve been calling Illinois my home since 1998. I’ve lived all over the Northwest suburbs, from Palatine to Lakemoor to where I currently live back home, Mundelein.

Discover The Cuban Swimmer, a Play by Milcha Sanchez-Scott

The Cuban Swimmer is a one-act family drama with spiritual and surrealistic overtones by the American playwright  Milcha  Sanchez-Scott. This experimental play can be a creative challenge to stage because of its unusual setting and bilingual script. But it also presents actors and directors with an opportunity to explore identity and relationships in modern California culture. Synopsis As the play begins, 19-year-old Margarita Suarez is swimming from Long Beach to Catalina Island. Her Cuban-American family follows along in a boat. Throughout the competition (the Wrigley Invitational Women’s Swim), her father coaches, her brother cracks jokes to hide his jealousy, her mother frets, and her grandmother yells at the news helicopters. All the while, Margarita pushes herself onward. She battles the currents, the oil slicks, the exhaustion, and the family’s constant distractions. Most of all, she battles herself. Theme Most of the dialogue within â€Å"The Cuban Swimmer† is written in English. Some of the lines, however, are delivered in Spanish. The grandmother, in particular, speaks mostly in her native tongue. The switching back and forth between the two languages exemplifies the two worlds which Margarita belongs to, the Latino and the American. As she struggles to win the competition, Margarita tries to fulfill the expectations of her father as well as the crass American media (the news anchormen and the television viewers). However, by the play’s end, when she drifts beneath the surface when her family and the newscasters believe that she has drowned, Margarita separates herself from all outside influences. She discovers who she is, and she saves her life (and wins the race) independently. By almost losing herself in the ocean, she discovers who she truly is. The themes of cultural identity, especially Latino culture in Southern California, are common in all of Sanchez-Scotts works. As she told an interviewer in 1989: My parents came to California to settle, and the Chicano culture there was so different to me, very, very different from Mexico or where I came from [in Colombia]. Yet there were similarities: we spoke the same language; we had the same skin color; we had the same interaction with culture. Staging  Challenges As mentioned in the overview, there are many complicated, almost cinematic elements within  Sanchez-Scott’s The Cuban Swimmer. The main character is â€Å"swimming† the entire time. How would you, as a director, portray this action on stage?Margarita’s family puts along on a boat. How would you convey this? With a set? Pantomime?Helicopters and news commentators â€Å"interfere† with the characters. In what ways could sound effects enhance or sully the play? The Playwright Milcha  Sanchez-Scott was born in Bali, Indonesia, in 1953, to a Colombian-Mexican father and an Indonesian-Chinese mother. Her father, a botanist, later took the family to Mexico and Great Britain before settling in San Diego when  Sanchez-Scott was 14. After attending the University of California-San Diego, where she majored in drama, Sanchez-Scott moved to Los Angeles to pursue an acting career. Frustrated by a dearth of roles for Hispanic and Chicano actors, she turned to playwriting, and in 1980 she published her first play, Latina. Sanchez-Scott followed the success of Latina with several other plays in the 1980s. The Cuban Swimmer was first performed in 1984 with another one-act play of hers, Dog Lady. Roosters followed in 1987 and Stone Wedding in 1988. In the 1990s,  Milcha  Sanchez-Scott largely withdrew from the public eye, and little is known of her in recent years. Sources Bouknight, Jon. Language as a Cure: An Interview with Milcha Sanchez-Scott. Latin American Theatre Review, Spring 1990.Mitgang, Herbert. Theater: Dog Lady and Swimmer. The New York Times, 10 May 1984.

The Wrestler s Body Identity And Ideology - 1365 Words

Alter, Joseph S. 1992. The Wrestler’s Body: Identity and Ideology in North India. Berkeley: University of California Press. Anthony, Susan B. 1896 [suffragist], History of Women in Sports Timeline. Bale J. 1991. The Brawn Drain: Foreign Student-Athletes in American Universities. Urbana, IL: Univ. Ill. Press Bale, John, and Joseph Maguire, eds.1994 The Global Sports Arena: Athletic Talent Migration in an Interdependent World. London: Frank Cass Bailey, R., Wellard I., and Dismore, H., 2005 Participation in Physical Activities and Sports: Benefits, Patterns, Influences and Ways Forward. Canterbury Christ Church University College, Journal of Physical activity and health alliance Bain, Alison L., Nash Catherine J. Undressing the researcher: Feminism, Embodiment and Sexuality at a Queer Bathhouse Event. Besnier, Niko 2012 the Athlete’s Body and The Global Condition: Tongan Rugby Players in Japan American Ethnologist, Vol. 39, No. 3, Pp. 491–510 Besnier, Niko and Brownell, Susan 2012 Sport, Modernity, and the Body Annual. Rev. Anthropol. 2012. 41:443–59. Billig, M. 1995. Banal Nationalism. London: Sage Blanchard, Kendall 1995 The Anthropology of Sports: An Introduction, rev ed. Westport: Bergin and Garvey. Bourdieu, Pierre1977 Outline of a Theory of Practice. Richard Nice, trans. Cambridge: Cambridge University Press. Brownell, Susan 1995. Training the Body for China: Sports in the Moral Order of the People’s Republic of China. Chicago: University of Chicago Press. Burke MichaelShow MoreRelatedGender Masculinity And Sexual Double Standards1795 Words   |  8 Pagesarchetypes of gender which you are bombarded with from birth. ‘Traditional’ gender stereotypes have remained consistent over many years, and, despite a rise in awareness and the challenge to these social norms, gender stereotypes raise issues with body image, labelling and genderfication. Both genders are subject to these stereotypes, where they are expected not only to accept them, but act within them, which is where we find the sexual double standards faced by sportspersons in the modern day.Read MoreMargaret Mead, A Famous Female Anthropologist From The 1920 S1775 Words   |  8 PagesIncreasingly more frequently, people are considering how important gender roles truly are, and if they have a beneficial impact on people’s lives. As Margaret Mead, a famous female anthropologist from the 1920’s recognizes in â€Å"Sex and Temperament,† countless individuals may suffer from strict standardization of gender roles and temperaments. These standardizations in America equate women to being â€Å"feminine;† beautiful, caring, soft, sweet, emotional, and dainty—the fairytale princess, while menRead MoreOrigin And Themes Of Popular Soccer Chants2296 Words   |  10 Pagesof purposes, such as supporting their own club, celebrating after a goal, or even intimidating the opposing club. Some chants, such as Liverpool FC’s You’ll Never Walk Alone, may be passed down through generations of fans, engrained in that club’s identity. However, there are many others which are based off of popular music of the time, which come and go, just as popular music usually does. I will not be discussing these temporary chants in this paper. In this paper I would like to explore the originsRead More_x000C_Introduction to Statistics and Data Analysis355457 Words   |  1422 Pageschapter. 5. Use technology for develop ing conceptual understanding and analyzing data. The computer has brought incredible statistical power to the desktop of every investigator. The wide availability of statistical computer packages such as MINITAB, S-Plus, JMP, and SPSS, and the graphical capabilities of the modern microcomputer have transformed both the teaching and learning of statistics. To highlight the role of the computer in contemporary statistics, we have included sample output xvi Read MoreLogical Reasoning189930 Words   |  760 Pagesinnocent as she. One June night, she staged an impromptu slumber party in her bedroom, covering the floor with mattresses, including her own. Before going to sleep, the eight flustered and excited young women discussed what men were like and how their bodies were formed. No one had any specific information; indeed, their talk was so ill-informed, incoherent, and unhelpful that Catherine said that in the morning she would ask her mother. She did so, but Johanna—herself married at fifteen─refused to

Medical School Personal Essay Samples: the Ultimate Convenience!

Medical School Personal Essay Samples: the Ultimate Convenience! What's Truly Going on with Medical School Personal Essay Samples If you know that you're interested in going into the medical profession, then perform well in academics and attempt to maintain a high grade-point average. Also state why you require the course in your college schedule and the way that it will potentially impact your college career if you aren't permitted to retake it. Each school could possibly be different. Research the site of each individual school which you're applying to. It's wise to apply to a broad range of schools as you've got a reduce prospect of acceptance than a younger applicant. Comparable to GMP certification, applicants must complete four courses and pass the exam given at the conclusion of each program. Make a list of colleges and health care schools you want to attend. Although medical schools aren't legally permitted to discriminate on the grounds old, you will probably encounter skepticism about your application. What Medical School Personal Essay Samples Is - and What it Is Not Ensure you know everything the committee would like you to have in your letter of intent. Start the letter by identifying the candidate you're recommending. Organize your ideas and make certain your letter is well organized. Your nomination letter must incorporate all relevant information. When you deal with letter and state your intent, include the explanations for why you were not able to finish the course successfully on previous attempts. Don't forget that there's nobody right approach to craft a personal statement, but nevertheless, it should sound like you, and it needs to be professional and sincere. For instance, if you're writing a personal statement as a portion of a graduate school program, you'll most likely want to concentrate on your academic achievements and educational history. A goal statement, otherwise called a statement of purpose, is a typical element of several college applications. The Secret to Medical School Personal Essay Samples Talk yourself through how you are going to answer awkward questions regarding your age and your choice to have medical training late in life. After discovering our website, you will no longer will need to bother friends and family with these kinds of requests. You should have your reasons, and our principal con cern is that you find yourself getting a great grade. The whole cost might or might not consist of everything students will want to successfully finish the training course. New Questions About Medical School Personal Essay Samples Writing an official letter is intimidating. Statement of Purpose is among the hardest thing that you'll ever write if you apply to graduate school. Essays always gain from an assortment of perspective. Academic papers cannot contain any signals of plagiarism. Details of Medical School Personal Essay Samples To find out more about what things to anticipate from the study of medicine, have a look at our Study Medicine in america section. Early research and application is critical. Most programs are four to six decades, based on the specialty. Some on-line training programs provide package deals that include things like course enrollment, equipment, books and job placement support. Medical School Personal Essay Samples Secrets That No One Else Knows About When the admissions committee at the health care school gets the application from a possible candidate, the members will appear at the individual's academic and personal profile and background. May be you never considered going for higher studies and because of this you didn't care that much to keep a greater CGPA. For instance, a student might argue that he doesn't have enough time to volunteer. Every student necessitates help with homework from time to time. There are many ways to get new info. Use the aid of true academic experts and receive the service you have earned! Tell our experts what kind of homework help on the internet you want to get. When you've already applied for a scholarship, record all the info in a spreadsheet on your PC. The Foolproof Medical School Personal Essay Samples Strategy Attempt not to get frustrated if you're not able to fulfill some of your targets. Well being Despite your best efforts, there might be times when you're not really able to pursue your ends. Now that you've really defined your goal you're prepared to go. Explain the way that it contributes to your upcoming career objectives.

Educational Research Foundation Essay Example For Students

Educational Research Foundation Essay Richmond, California, is a predominately low-income city across the bay from San Francisco. In some of its hard-pressed neighborhoods, children are at high risk of gang involvement, drug abuse, and violence and teen pregnancy. But instead of relying only on law enforcement agencies to keep children safe, the people of Richmond have taken matters into their own hands. Community agencies and schools are working together to break the cycle of poverty and violence. Catching Them Early profiles the extraordinary efforts of Richmonds Lincoln Elementary School to ensure a bright future for its children. Ninety-nine percent of the kids attending Lincoln qualify for federal meal subsidies; many have family members in a gang. So the school makes special efforts, including the hiring of outreach workers, to provide the kind of support kids need to stay in class and do well. Teenagers in Richmond find support at Families Unites, an unusual community health organization that has made crime prevention part of its mission. Families Unites and its caseworkers like outreach worker Gonzalo Rucobo, who was himself once a gang member, help kids stay out of gangs and avoid conflicts that can lead to violence. Catching Them Early observes one teenagers struggle to remove himself from gang violence without alienating his old friends. Two of my friends, he says, have got shot down, and they were not banging anymore. Im just trying to stay out of trouble. I dont say Im lucky until probably ten years from now. You never know whos going to come up behind you. Catching Them Early also explores how Richmond is responding to the growing tendency of teenage girls to become involved in violence and crime. Richmond targets teen mothers, providing them with training in child rearing and help in anticipating the difficulties they will encounter, and makes a special effort through programs like Head Start to make sure that young children get the support they need to become successful students. Richmond is inspiring, says series writer/producer Roger Grief, because its a community under pressure that is challenging its youth crime problem without relying solely on cops, courts, and corrections. In Richmond, its those who work with the babies and mothers, the pre-teens and the teens at risk who are the real heroes. In Search of Law and Order: Reclaiming Americas Kids brings viewers into close contact with a diverse mix of people from across the political and socioeconomic spectrum-from professionals working within the system to young offenders, their victims and ordinary citizens who simply want to reclaim their neighborhoods and their children. Bibliography: .

Does the adoption and implementation of strategy guarantee an organizations success

Thesis Statement The following paper intends to take an objective look into how the formulation, implementation of marketing strategies and planning have contributed to better performing multinational corporations. Given today’s competitive business environment, commercial success in the corporate world can only be achieved through proper coordination between the top and middle management, and the subordinates and involving both in the strategic management process.Advertising We will write a custom research paper sample on Does the adoption and implementation of strategy guarantee an organization’s success? specifically for you for only $16.05 $11/page Learn More The extend of ambiguity that organizations face in the commercial environment require business executives to understand that goods and services would not just sell themselves, but as the selling concept of marketing postulates, some effort to sell must be put in place by those resp onsible. Consequently, the selling efforts usually manifest itself in the form of strategies which usually manipulate the marketing mix to achieve what is best for both the organization and its consumers. Therefore, this is the reason why business executives must involve their organizations in numerous and rigorous research processes so that they can understand what is specifically targeted to consumer market usually need and therefore attempt to make strategies that favor their consumers. It is thus assumed strategizing in certain functional areas such as marketing makes sense of security in the organization, increases the chances of success. In a case where an organization lacks sound marketing strategies and other strategies that are used in various functional areas, an organization is likely to face a lot of ambiguities and hence sub-optimal use of resources within the organization and even failure or numerous inefficiencies could be imminent. Table of contents Introduction Res earch question Findings and analysis Strategy and Planning Marketing Strategy process and illustrations The process of planning and formulating marketing strategy Illustration 1: The Coca-Cola Company Illustration 2: The Apple Company Conclusion and recommendation Works cited Appendix Introduction Starting and successfully running a business is a daunting and exhausting task that is not just achieved overnight or by wishful thinking (Campbell, Stonehouse Houston 11). Entrepreneurs are aware of the consequences of not planning well, which can make even empires collapse, and are always a keen to boundless benefits that arise out of the planning process. With numerous resources being dedicated in the production of products, it becomes necessary for a business to implement sound strategies that will make sure that it sells its inventories and realize revenue streams from the various avenues (Frey 112). Looking at the world’s largest multinational companies like the coca-cola co mpany, Nike, starbucks, Toyota, Sony, Mitsubishi, Amway and many others, it is quite clear that a company which desires to join the market leaders must apply some form of extra effort so that it can achieve its vision and mission in the business community (Kotler 62).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Turning a blind eye on the importance of planning is like committing a commercial suicide. With limited funds and resources commercial organizations and entrepreneurs are more critical and aim to obtain an optimal mix that would enable them realize high levels of efficiency and consequently achieve their targets. Companies ignorant to planning find themselves in all sorts of financial and environmental problems that could threaten their existence. If a commercially-oriented business is about to delve into the global market or operate with the main goal of making profits, it is necessary for it to be extremely careful and use systematic approach. This is because companies that are much more experienced and highly skilled in the art and science of strategy can easily take advantage of lesser experienced companies and make them face multiple hurdles when operating. Consequently, management must carefully assess a comprehensive market analyses, look at various available forms of strategies of entering the market as well as various partnership candidates that will enable it enhance its business prospects. Enterprises wishing to be successful in the international market need sufficient management resources coupled with superior research, strategy and planning techniques (Porter 82). This paper will use secondary sources of data including books scholarly articles and data from the internet and conduct a case study looking into how both the coca-cola company and Apple have both successfully implemented the strategic management process especially on the fun ctional area of marketing to achieve organizational success. Additionally, charts and diagrams will give more insight into how strategy management is applied within organizations. Research question Recent business trends among the world’s largest multinational corporations have led business executives believe that organizational success is dependent upon how well a commercial organization embarks on formulating, implementing and continuously involving itself in the process of monitoring and evaluating marketing strategies. This poses the several questions on business executives: Does the implementation marketing strategies hold the key to success, thus to what extent does the adoption and implementation of marketing strategies guarantee the success of multinational organizations such as The Coca-Cola Company and Apple Inc? Findings and analysis Strategy and Planning According to Kotler (23), strategic management is the process by which an organization, through its human resou rces, formulates short term, midterm and long term plans, implement these plans and continuously evaluate and control these plans with the aim of realizing the overall organizational objectives included in its mission and vision statements (illustration fig. 1).Advertising We will write a custom research paper sample on Does the adoption and implementation of strategy guarantee an organization’s success? specifically for you for only $16.05 $11/page Learn More Businessmen and business executives always find themselves in a dilemma, because of their ambitious nature, which often leaves them wondering how they will get out of their current situation and get to the position which they wish. There exists a big gap between the present and the future forcing them to decode the how and come up with a clearly documented process that will enable them surf smoothly from their now to the future because without doing this, then the company may never reach wh ere it desires to be. Hence, this becomes the basis of forming and formulating strategy, as each and every functional area of the business requires strategy in order for effectiveness and efficiency to be realized (Geoff Withey 63). The hierarchy of strategy suggests that there are three levels of strategies that are arranged in an ascending order, corporate strategies, are the highest level of strategy that can be set in an organization and define the specific direction that a company is to follow in order to realize its goals and objectives. Corporate strategies may include ensuring stability, achieving growth or employee downsizing. The second level of strategy is business level strategy, which is basically strategy that occurs at the business unity or the product level and can either be categorized as either competitive or cooperative. The last level of strategy is functional strategies, which are carried out in specific functional areas within a business. The importance of the se strategies that are primarily concerned with nurturing a distinctive competence for an organization’s various functional areas, including, marketing departments, finance department, manufacturing department, research and design departments, and the human resource department, with the number of functional areas within an organization varying from organization to organization. Marketing Strategy process and illustrations Marketing is all about selling goods and services to consumers with an aim of satisfying them. All commercial organizations more often than not aim to satisfy their consumers and maximize the revenue streams got from selling their products. And this is why the phrase ‘customer is king’ is familiar to all those commercial enterprises that have consumers as the pivot of their day to day operations (figure 3). Marketing is a broad and wide discipline but in order to understand how commercial companies understand and approach marketing it is critica l that the facets of marketing to be used in order to formulate and develop strategies. The most common facets of marketing are the 4P’s that represent place, price, product and promotion.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The most successful companies in the world have understood the importance of these facets and therefore dedicate huge efforts and massive resources towards developing strategies that will enable the marketing function of their organizations operate as world class organizations. Since understanding the customer is the fulcrum of strategic planning in marketing, each and every effort of altering and maneuvering the marketing mix should be made in the context of the targeted market. There is simply no way that a company that has superior marketing mix can fail to perform better as compared to a company, which has poor marketing plans. Marketing involves groups and individuals who create and exchange goods and services aspiring to bring about satisfaction. Customer needs and wants are the major reasons behind why companies design, manufacture and distribute products into the market. On one hand, consumers demand for satisfaction and companies therefore sell to make a profit and meet the ir other objectives such as growth, and ensure continued existence. The process of planning and formulating marketing strategy A company’s marketing goals may often involve setting high revenue targets and unit sales and by having such an objective a company can go ahead and set the particular strategies that will enable the end targets to be achieved. A company’s overall mission and goals are vital to the process of strategic planning and often decide the end product of the strategic planning process. Furthermore, marketing strategies must be aligned with overall corporate strategies (figure 4). This is simply because a failure to align marketing strategies and corporate strategies can end up endangering the existence of the whole organization. It is therefore in the same way that a company’s mission and vision operate, for instance Nike intends to be a world leader of high performance athletic shoes, and hence they make sure that their marketing strategies por tray this. According to Wikinvest 2010, Nikes outshone competitors especially Reebok, Puma, Adidas, despite the stiff competition they offered to Nike. In the last financial cycle Nike made revenues of $ 17.9 billion. Current statistics as suggested by Bloomberg Business weekly magazine show that Nike enjoys a 37.5% lead on the entire global market share as compared to Adidas’s which has enjoy also an impressive 33.5%, and these is attributed to Nikes superior marketing strategy techniques (Kourdi 101). The company has a very aggressive marketing communication strategy that costs it well over $ 1 billion annually (Wireless News) It’s therefore essential that the management sets goals that are really achievable and realistic in the planning stage. When the goals and objectives of the entire planning process are clear and understood, then it becomes simpler and clear to proceed into the other stage which is analyzing the current situation that the company is in and comin g up with a comprehensive current report of the status which the company is in. Back in the 1970s and 1980s, IBM was the world’s giant in the computer industry but as the 90s approached things started going wrong and 1991 through 1993 the company made very huge loses running up to $15 billion dollars (Wheelen Hunger 73). But with the coming of the then new CEO, Louis Gerstner, the company was forced to analyze its current situation then and conduct a serious marketing audit, SWOT analysis that was to assist in carrying out a turnaround strategy that luckily also turned around the marketing strategy of IBM and pulled the company out of the mud. A marketing audit is a systematic process that is carried out in order to identify any weak links in the currently existing marketing strategy and systems, therefore an audit will look at elements that belong to the 4P’s of marketing these include pricing, advertising and other marketing communication avenues, distribution and a lso product design. By looking at marketing strategy then a company may be forced to take a clear look at its segmentation, targeting, positioning and other marketing variables. Often companies which lack a clear vision that describe their specific target market that the company intends to cover and how it intends to cover this market the company may in turn send mixed signals to the market. Commercial organizations should therefore clearly evaluate the effective strategies that intend to highly differentiate and send a clear message to their target market. Furthermore, during the process of analyzing the current situation becomes very important for a â€Å"SWOT analysis to be carried in order to ascertain the validity of the strengths, weaknesses, opportunities and threats that the company faces† (Wheelen Hunger 68). A situation analysis is a process by which the current position that the company faces is critically analyzed using the key performance indicators, which inclu de sales, brand switching, revenues. This is because it would be ignorant to assume that the environment is static and not change. Because at the end of the day the strategy that is formed may turn out to be completely useless because the elements of the SWOT analysis might have changed. Today’s business environment is full of challenges that may hamper corporations from achieving their main objective and it therefore becomes necessary to continuously scan the environment so that the businesses can thrive or else die. Due to the dynamic nature of the environment, a SWOT analysis should cover economic forces, technological forces, sociocultural environment, political forces and legal forces, and also take a look at other publics such as stakeholders and shareholders such as suppliers, employees, competitors, trade associations, regulatory bodies, activists, creditors, special interest groups, the government, and the media among others (Wheelen Hunger 73). And lastly the inter nal environment which exists within organization which also plays a big role in ensuring the organization is highly dynamic and in line with the outside environment consists of various elements such as the organization structure, the organizational culture and furthermore organizational structure. After the organization has conducted a marketing audit and identified where it is currently and where it would like to be, it needs to formulate the actual marketing strategy that will act as a blue print and radar for guiding it to reach where it is heading to. It is therefore safe to say that a company that has perfect marketing strategies will manufacture the right products, price them well, distribute them well, promote them well and satisfy all its consumers (figure 5). Illustration 1: The Coca-Cola Company The Coca-Cola Company is a good example of company that operates in multiple geographical regions and formulates their marketing strategy in order to please diverse consumers. Espe cially when it comes to issues of distribution which is really a problem to many multinational organizations, Coca-Cola has successfully come up with franchising agreements that ensure timely and efficient distribution of its products and ensure that its soft drinks always reach where they are intended to in time. The Coca-Cola company headquarters in Atlanta handles much of the advertizing and promotion activities by itself and has developed a multinational marketing communication mix that is able to make consumers aware, remind them and persuade them to buy their products. The Coca-Cola Company uses both a push and pull strategy that normally involves using a lot of investment on trade promotion and getting hold of shelf space by both offering franchisers benefits and the later strategy which habitually involves using a lot of money in advertising to pull products through channels. Therefore, by using both these strategies in a promotion exercise the company is able to maximize un it sales and revenue streams for their numerous product lines (Wheelen Hunger 73). With a superior product strategy the Coca-Cola Company has been able to come up with various product lines that have a much deeper product mix. The advantage of having such a large product line and a much deeper product mix within each and every product mix is that the market and consumers in turn have a wide variety of choice and therefore the company has a better chance of having maximized revenue streams. The coca-cola company’s product lines include carbonated soft-drinks, energy drinks, juices, and water and the product depth within the carbonated soft drinks include Coca-Cola, Fanta, Sprite and Krest. Within the product line of Coca-Cola itself there consists’ a further product variety of Diet Coke, Vanilla Coke, Cola Green Tea, Cola Lemon, Cola Orange and Cola Raspberry. The company follows a highly differentiated approach which is costly and risky, but the company has been able to carry it out successfully by coming up with a superb product strategy by coming up with superior product designs and development plan that has made good flavored carbonated soft drinks and managed to keep their formulae secret. Not only does the Coca-Cola Company has a perfect product mix but the company has gone ahead to develop a more superior marketing strategy that is able to complement and increase the sales of their products. Coca-cola is known for using a discriminatory pricing strategy that prices its products differently across the various regions. The company understands that the purchasing power parity (PPP) and issues to do with GDP per capita is not universally equal and therefore a man living in India and a woman leaving in Australia will therefore not be equal when their purchasing powers are compared. Therefore, the company is able to practice both a skimming/milking pricing strategy and penetration price strategy depending on the purchasing power of a county and therefore that is why the same bottle of Coke can be cheaper in an Africa country and more expansive in Switzerland (Wireless news). The advantage of such an approach is that a company can tremendously increase its revenue streams and obtain a suitable revenue mix by stimulating unit sales and using the higher mark-up profits obtained from one region’s make up for low mark-ups obtained from regions with lower purchasing power. This is the reason why the company has successfully operated in over 190 nations and has been able to sustain a very stable business model since its inception in the 1890s (Porter 43). Illustration 2: The Apple Company In the 1980s, while working for Apple, Steve Jobs’ ideas were found too radical and somehow out of the ordinary. He soon fell out with the board and went to start his own company, called NeXT, but soon after, Apple bought his company with an aim of having his inventing talents back to Apple (the Rest is now history). Apple is now a leader in manufacturing and selling premium electronic, communication and software products in not only America but also throughout the world. Apple is not only known to have good functional strategies that govern its research and design department but it also has marketing good marketing strategies. The facets of marketing that are associated with apple products have made it also possible for individuals to understand and embrace its products. While consumers always desire to run away from purchasing premium and expensive products, especially given this economic hard times, Apple has made this possible with millions of people always lining up to get their products as soon as they are launched. Apple has a very successful segmentation and target marketing strategy targeting high end market clients who are mainly attracted to products that are highly differentiated and leading in technology. With such a market the company is able to use a price skimming approach and therefore charge s high prices that go forward to pay for the high product development costs that the company generally incurs during the process of manufacturing (Wheelen Hunger 73). With products such as Mac book, music production software, iPhone, iPAD, Mac OS and many other products the company cannot go wrong the product strategy of iPod is quite clear and precise and thereof consumer oriented. Current consumer trends suggest that individuals have desired to have products that have good display and moreover easy to use and understand plus additionally consumers desire to have products with sleek and superior design. The iMac Book super ultra slim design that has both the central processing unit and the display joined together is quite convenient and beautiful, and therefore this is why consumers are willing to part with $ 1200 to have the computer. Moreover, apart from having good product design strategies, appropriate pricing and product distribution strategies, the company has a good strateg y for promoting its products (Kourdi 108). The company normally publicizes the launch of its products and releases a limited number of copies, therefore with all the hype plus the few number of copies consumers more often than not rush into the outlet stores to acquire their copies, thus forcing consumers who are considered as early adopters to get copies within the first days of the launch. A unique integrated marketing communication program like Apples should therefore aim to: identifying target audiences, analyzing the situation, setting marketing communications objectives, developing strategies and tactics, setting a budget and finally evaluating the effectiveness of the campaign. From the above diagram it is clear that the message sent must be customized specifically to reach the target audience and therefore bring desired results for the sender which is normally to initiate purchase and adoption of Apples products addressing the target market. Both coca-cola and Apple typicall y operate with back-up strategies that by and large can be used to counter any form of crises. Coca-Cola frequently adjusts its advertising programs depending on the sales and forecast targets and therefore when they are well over their targets the company habitually may decide to reduce or increase the amount of investment spent on promotional activities. The 2007-10 recession that led to a credit crunch frustrated many businesses, entrepreneurs and business executives around the world, the scarcity of resources to expand and better business organizations especially commercially-oriented enterprises, led to closure in worst case scenarios and change of strategy by companies which intended to survive. Both Coca-Cola and Apple were faced by the same and had to pursue alternative strategies that were to help them save on funds and optimally use available resources to maximize their revenues. Apple reduced the amount of money it normally allocates to research and design, it counterpart , Coca- Cola, also reduced the amount of funds that it spends on mass advertising and instead concentrated on trade promotions therefore saving funds. Form the above illustrations it becomes quite clear that both Coca-Cola Company and Apple participate in the process of strategy formulation, implementation, and evaluation and control. It is not enough for an organization that is commercially-oriented to only develop strategy but also to put its money where its mouth is (Geoff Whitey 122). The strategic management process has a high affinity for resources because the process of implementing strategy regularly involves putting in place programs, procedures that more often than not involve the consumption of a lot of resources that include money, human resource and money. Because strategic management is usually a continuous process, which is applied from the short-run to long run it becomes apparent to have a detailed action plan report that consists of detailed incremental action pla ns. It is also important that strategic controls are intertwined with marketing plans so that any deviation from expected results can be smoothly corrected. In addition, business executives should incorporate the use of gaunt charts and other measures to assist them in ensuring that incremental action plans are set up in time. Conclusion and recommendations It is apparent that successful firms should institute marketing strategies and embrace the importance of strategy in their operations. Through strategy, it becomes possible for the organization to move forward carefully since its strategy is somewhat equated to the radar therefore enabling the organization to do what is considered best and good for the organization. The discipline of strategy is therefore vital in organizational success and organizations ignoring this fact, however successful they are, may find it hard to steer their organizations especially when a crisis hits them. Organizations with superior planning and strate gy, such as the Coca-Cola Company, Apple and Nike, can attribute their success to the strategic planning process. It is thus necessary for any organization which wishes to replicate this kind of success to emulate them and dedicate resources and time in coming up with marketing strategies that will in turn increase unit sales and hence enable them compete equally in their respective industries. Furthermore, the strategic management process is not optional as it involves the whole organization starting from top to bottom, meaning that the management should institute techniques that will enable subordinates embrace and accept the importance of formulating, implementing and continuously assessing strategies. It will therefore not be enough for the organization to only apply too much effort towards formulating, implementing and controlling marketing strategies but rather apply the same zeal towards other functional areas of the organization such as logistics, finance, research and desig n, manufacturing and so on. By doing so, the organization will gain some form synergistic advantage that would translate to a positive effect on the performance and efficiency of the organization as a whole. It has as a result become quite clear as the thesis suggested that commercial success of the world’s most prosperous companies such as coca-cola and Apple Inc. Can be attributed to the fact that the companies have rigorously and continuously dedicated a lot of resources and effort towards putting in place relevant and essential marketing strategies that have contributed highly to the success they enjoy in the market. Works Cited Campbell, David, Stonehouse George Houston Bill. Business Strategy An Introduction, 2 edn. Banbury Rd: Butterworth-Heinemann, 2002. Print. Frey, Robert. Successful strategies for Small Businesses: using product knowledge, 5 edn. Norwood: Artech House Inc, 2008. Print. Geoff, Lancaster Withey Frank. Marketing Fundamentals’: CIM Course book . London: Oxford publishers, 2006. Print. Kotler, Philip. Marketing Insights from A to Z: 80 concepts every manager needs to know. New Jersey: John Wiley Sons Inc, 2003. Print. Kotler, Phillip. Principles of marketing, 2nd edn, New York, Prentice Hall, 1999. Print. Kourdi, Jeremy. Business Strategy: A Guide to Effective Decision Making, 2 edn, New York: Economist books, 2009. Print. Porter, Michael. The Competitive advantage of nations, illustrated edn. Northampton, MA: Free Press, 1990. Print. Wheelen, Thomas Hunger David. Strategic management and business policy. New Jersey: Prentice hall, 2002. Print. Wireless news. â€Å"Nike Releases Fiscal 2008/09 and Full Year Results.† bNET. June 26th 2009. Web. Appendix The path that leads an organization into embracing the importance of strategy in organization comparing the current state to the desired stage thus forcing management towards formulating strategy (the how). Figure 1: The hierarchy of strategy in commercial organiza tions The hierarchy of strategy of strategies used by multinationals such as Coca-Cola and Apple inc to ensure that the whole organization is covered by appropriate strategies starting from the highest to the lowest level. Both Coca-cola and Apple Inc understand the customer is always the king and therefore in order to please consumers they ensure that before coming up with any products the marketing strategy process is followed. Figure 2: The marketing planning process. The marketing strategy process that both Coca-cola and Apple inc go through before coming up with appropriate marketing strategy that is meant for their target market. Figure 3: Apple’s marketing strategy for a new product (like the iPad) works something like this. Figure 4: Apple: Guerrilla Marketing at its Finest Figure 5: Apple iPad: Marketing Strategy and Tech Blogs Figure 6: Coca-Cola’s evolving nature   Figure 10: Coca-Cola’s consistency Marketing slogans A chart of Coca-colas evo lution as forged by consumer needs since its inception in 1886 to date. This research paper on Does the adoption and implementation of strategy guarantee an organization’s success? was written and submitted by user Rodrigo Z. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Causes of the Great Recession of 2007

Causes of the Great Recession of 2007 In Economics, recession refers to decline in a country’s gross domestic product for two consecutive quarters. There are several factors which caused recession but inflation is a key element. It is believed that global financial crisis was activated by liquidity decline in the banking sector following problems related to valuation of property. The resultant is a collapse in banking institutions and its subsequent bailout.Advertising We will write a custom research paper sample on Causes of the Great Recession of 2007 specifically for you for only $16.05 $11/page Learn More Being a sub-sector in the financial market, the stock market suffered adverse effects. Furthermore, other key businesses and wealth of consumers or rather consumer confidence declined to its minimum level. Other factors which caused the 2007 recession include: ‘‘the credit crunch, decreasing prices of houses, inflation resulting from the costs and loss of confidentiality of the financial institutions’’ Turner (9). Collapse in the prices of houses Statistics indicate a crash in the prices of home from the year 2005 to the end of the year 2006 consequently sending a message that recession was finding its way to the economy (Turner, 14). This was motivated by a 14% fall in construction of houses. Arizona, Florida and 40 other estates registered a decline in sale of homes. A further investigation proved an increase by approximately 34% in the number of vacant homes in the year 2006. Cumulatively, low sales level demonstrates that profits are less and the economy will automatically face shrinkage. Furthermore the housing bubble decelerates consumer spending while sending more dedicated labor force into unemployment. Statistics illustrate an estimate of 6 trillion US dollars mortgage debt in 1999 which translated to 12 trillion US dollars in 2007 and a further higher level in later years (Turner, 12). If these figures are compared with annu al value of gross domestic product of approximately 11.5 trillion US dollars with a debt of 9 trillion US dollars then it was not possible to pay the losses. This acted as the beginning of the present predicament of never ending financial crisis. Although expansionary fiscal policy has been used to counter the effects of financial crisis, there were minimum positive results. Inflation As mentioned earlier in the text, inflation is the progressive increase in the prices of commodities. Between the years 2007 – 2008 the price of oil was three times its original price (Read 8). More funds were used to buy fuel thus registering an outward flow of wealth from importing nation to exporting nation. Prices of other commodities like copper and nickel also fluctuated hence affecting the stability of an economy through a hampered purchasing power.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The credit crunch This refers to absence of finance or putting in place strict rules and procedures necessary in order to obtaining loans. In such a situation, the interest rates and availability of credit are two independent variables. Collapse of prices due to inflation brings about credit crunch. If investors cannot access loans from banks, it means that investment level declines. Subsequently, national income will reduce as the prices of common goods goes up. A simple Keynesian rule states the correlation between savings, investment, imports and exports and consumption. A decline in liquidity can lead to unemployment because companies seek to save other than spend the little amount of money they have. Easy credit setting Straightforward economics shades light on the effects of easy conditions when lending. If interest is lowered, people will go for more borrowings from banking and other lending institutions. At the beginning of the year 2002, Federal Reserv e Bank reduced its lending rates by approximately 5.5% (Turner, 11). This action was initially triggered by security alert and the risk of deflation. In 2006, the United States of America faced unfavorable trade deficit with rising current account. This forced the US treasury to borrow funds from Asia and some Middle East nations in order to supplement on its budget. Purchase of bonds was the form of borrowing used. The net effect was a rising prices of bonds while the interest rates face an acute fall. With reference to balance of payment, existence of current account deficit means running a concurrent surplus capital account. Influx in the amount of capital after an external borrowing created demand for monetary assets while lowering interest rates. Individuals spent the money borrowed for consumption while financial institution diverted the funds to securities which were mortgage-backed. Subprime mortgage lending This type of lending simply refers to giving credit to persons who does not qualify for loans at the prime rates (Cooper, 13). Use of credit cards and mortgages covers this category of lending. The nature of sub-prime borrowers has a characteristic that they do not pay for the loans given to them. Consequently, they are riskier when given loans as compared to the prime borrowers. In the United States of America, sub-prime lending has increased over the years beginning 90s. This saw a rise in loans to an estimate of $1.3 trillion in relation to subprime mortgages. The increase in the amount of loan followed an action by financial institution to package mortgages in form of securities and subsequently selling them to investors.Advertising We will write a custom research paper sample on Causes of the Great Recession of 2007 specifically for you for only $16.05 $11/page Learn More In the year 2006, decline in prices of homes resulted to losses as owners discovered that the amount they owed on mortgage was more than the value of their homes. The effect of this discovery was a loan default and a later reduction in the price of homes. This destroyed the mortgage backed securities making companies to write off their assets since they did not have any value. Declining prices of homes with increasing interest rates made borrowers to default paying their loans causing the mortgage industry to cave in. The lenders in the subprime industry were adversely affected as investor confidence declined steadily. Furthermore, Instability in the financial market was caused by depression of collateralized debt obligation. The credit crisis and mortgage industry has elicited varied views on how it caused the recent recession experience in the world. It is important to note that Banks are vulnerable to risks emanating from financial crisis. Some of these risks are related to overdrafts and the risks to credit where those who borrowed fail to pay their financial obligation. During the financial crisis many banks collapsed o r merged to ensure their continuity in the market. Banking industry had to borrow excessive amount of money as compare to their equity capital an event which made them highly leveraged and susceptible to unpredictable market conditions. Banks like the Lehman Brothers went bankrupt while others merged. In the same context, governments pumped in funds in form of bailout plan. Institutions which benefited from the bailout plan include: AIG and Freddie Mac Burden of debt Too much external borrowing increased individual and financial institution’s indebtedness thus putting housing bubble to collapse while deteriorating the economic situation. Economic statistics of 2007 indicate a 27% rise in home mortgage debt as compared to GDP (Read, 42). On the other hand, household debt expanded by 127%. By mid 2008, US private debt had increased by more than 100%. These are unfavorable economic conditions which gave way to recession but can be reduced by borrowing internally and reshaping m icro financial institutions. Deregulations The DIDMCA Act of 1980 widened bank’s lending powers and their insurance deposits. This motivated them to lend for speculative purposes. In the year 2004, the United States Securities and Exchange Commission relaxed the net capital rule enabling banks to increase the level of their debts. Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This action fueled development of mortgage- backed securities and subprime mortgages. Banking sectors in the shadow banking system do not operate as depository banks. These banks are allowed to take up additional debts comparative to their capital base. Another important point to note with regard to deregulation is the course taken by accounting regulators in allowing some banks i.e. Citigroup and Enron to make use of structured investment vehicles (Cooper, 33). This off balance sheet events hid the weakness of the financial institution. Cooper, George. The Origin of Financial Crises. London: Harriman House, 2008. Read, Colin. Global financial meltdown: How we can avoid the next Economic Crisis. New York: Palgrave Macmillan, 2009. Turner, Graham. The Credit Crunch: Housing Bubbles, Globalisation and the Worldwide Economic Crisis. London: Pluto Press, 2008.

Critical analysis(mini essay) Essay Example | Topics and Well Written Essays - 750 words

Critical analysis(mini ) - Essay Example t of harmful patterns in settings such as vulnerable families, schools, and communities, and universal strategies to reduce attractiveness of substance use. Regulatory interventions aim to increase perceived costs and reduce availability and accessibility of substances. Increasing price, restricting settings of use, and raising legal purchase age are effective in reducing use of alcohol and tobacco and related harms. Screening and brief intervention are efficacious, but efficacy of a range of treatment approaches has not been reliably established. Harm-reduction interventions are effective in young people involved in risky and injecting substance use. One of America’s leading health and social problems is the abuse of addictive substances, specifically drugs and alcohol. In the late 1800s, during the industrial revolution, the medical profession began to recognize the effects of alcohol abuse on factory workers and on pregnant women and their unborn children. Malnutrition, brain damage, liver disease, fetal alcohol syndrome and child abuse were linked to the habitual use of alcohol. The effects of substance abuse are widespread. According to the National Institute on Alcohol Abuse and Alcoholism, alcohol is involved in more than half of all child abuse cases, rapes, traffic deaths, felonies, fire fatalities and homicides and a third of all suicides. Conservative estimates indicate that the problem of alcoholism and drug addiction exists in four to thirteen percent of the population, with those affected coming from every economic, educational, and age level and from every race and gender. Furthermore, each substance abuser directly affects at least four to six other individuals, whether a spouse, children, or innocent victim of an accident or crime. Substance abuse plays a major role in accidents resulting in head, hand, and spinal cord injury, and in other impairments typically requiring rehabilitation services. All too often, the substance abuse is left

Twentith-century british history Essay Example | Topics and Well Written Essays - 1250 words

Twentith-century british history - Essay Example In addition, Great Britain saw its popular culture change a great deal, as musical acts like the Beatles helped to share the British culture with the rest of the world. Unfortunately, it is this popular culture movement that makes it very difficult to distinguish between American culture and British culture during this time period. In fact, even though this pop culture movement is sometimes referred to as the British Invasion, it could also be seen as the Americanization of British culture. Overall, the 1960s should be remembered as a time that brought about great political change in Great Britain because the people began to see that left wing political ideologies were not necessarily associated with communism and a time where the people began to stand up against the establishment for the greater good of democracy. In 1964, the Labour Party took power in Great Britain, which is significant because it was the first time a leftist government had power in the country. This was a significant change in the political culture of Great Britain because up until this point, the country had been exclusively left wing. As the United States carried on the Cold War with the Soviet Union, all of the United States’ allies were forced to exclude these left of centre ideologies from their political spectrums. Electing the Labour Party was significant because it showed that Great Britain was evolving as a country and was open to new ideologies. It is also symbolic of the country’s more liberal stance on things like drug use, sex, and rock and roll, especially among the younger members of society. It also finalized the country’s desire to get away from its imperial past, as the Labour Party was decidedly anti-Imperialist. During this time period, the number of British citizens living in other countries declined significantly and this was the time period when the British empire finally came to an official end. This was

Globalization And Impact On Indian Banking Sector Finance Essay

Globalization And Impact On Indian Banking Sector Finance Essay INTRODUCTION PREVIEW This is an introduction chapter which describes the structure of the dissertation. It begins with a brief introduction to the area of research, purpose and aims and objectives set for this research. This section also includes justification for selecting banking sector to study the impact of globalization for this study. 1.2 INTRODUCTION A bank is a licensed body by the government which is primarily engaged in the process of borrowing and lending money which in turn helps in economic development of the country. The customers of a bank are mainly households government, public/ private corporations who invest and borrow funds from these institutions. Banks have a monopoly in creating credit in the market. If companies are provided with finance, it encourages enterprises which leads to increase in production, leads to promotion of jobs, less reliance on foreign imports. If personal customers are provided with finance it would stimulate the demand for goods which then leads to an in increase production of goods. Therefore banks play a very important role in the economic development of the country (Cox 1983, pg2-4). Initially there were many barriers in the banking sector through out the world. These were lack of information about foreign companies, tax liability which was applicable to income earned from these transactions, cost of executing international transactions were expensive. Regulations were eliminated in 1980s and early 1990s. Government allowed privatization in 1990. Government owned firms were sold to individuals, trading of stocks of firms was allowed publicly. This led to globalization, deregulation and liberalization. Under the influence of globalization Internet and telephone banking, ATM, credit and debit cards and many other services provided by the banking sector were introduced which has increased the efficiency of banks and has brought the banking revolution( Madura 1995, pg-7 ). Globalization has led to a revolution in the banking sector though Indian banks stiff face severe challenges . This study will highlight these challenges and the researcher will also suggests some of solutions found in the literature to overcome these challenges and will co-relate solutions found through primary research. This will help in understanding the Indian banking sector in dept. In addition to this if the Indian banking sector overcome these challenges it can mark its place with other leading global titans. 1.3 RESEARCH AREA To examine critically the impact of globalization on Indian banking sector highlighting the challenges faced by the Indian banks is the primary focus of this research. Since the days of Bretton Woods era financial world has witnessed tremendous changes. Technological change and cut throat competition has enforced the financial world to adopt better techniques and attract customers. The range of products and services were limited in the 70s(Raul 2005, pp 39). After gaining independence in 1947 Until 1991 there has been regulations like administered interest rates and government control etc. upon implementation of recommendations by Narsimha committee led to rapid and radical changes. Now the banking sector offers wide range of services like securitization, leasing and hire purchase, custodial service, depositories , factoring etc. New financial institution, dis-intermediation, greater professionalism and technological innovation have emerged as a result of liberalization, privatization and globalization. In addition to this capital adequacy norms, income recognition and assets classification were introduced in the ambit of banking activities and banks are compelled to cope up with the process of deregulation, competition, asset liability management and globalization(Raul 2005, pp 39). 1.4 AIMS AND OBJECTIVES The main aim of this research work is to analyze critically and examine the concept of globalization and its impact on the Indian banking sector along with and challenges which arise as a result of globalization. The researcher also aims to find out the adverse effect of these challenges and what measures can be taken to reduce them. Research question A study on the impact of globalization on the Indian banking sector highlighting the challenges faced by the public sector banks in India. The main objectives of this research are as follows:- To examine the the challenges faced by the Indian public sector banks with regards to technology, human resource, customer service , NPAs. To analyze and explore the potential solutions to overcome these challenges. 1.5 PURPOSE OF THE STUDY Indian banking sector is resilient and has shown tremendous growth yet it faces many challenges which needs to be controlled and managed. Recently there have been waves of bank failures throughout the world. Banks became insolvent due to which there was financial downturn globally. Banks are highly volatile in nature and have a direct impact on the economy of a country. So every country should aim to make their banking system stable and sound only then they will be able to withstand the shocks. Many changes have taken place in the Indian economy since 1990s that has revolutionized and revitalized the Indian economy. During this phase the key growth sectors and consumer demands have undergone a series of changes. The researcher is keen on investigating the impact of changes with respect to banking sector. India is a developing economy there lies many areas in the Indian banking sector to be explored also this is an untouched area in the UWIC. All the above mentioned points motivated the researcher to study in detail about the Indian banking sector, impact of globalization on it, and challenges arising as a result of globalization also highlighting potential solutions. This piece of work can provide guidance or a framework for other developing countries which are also facing similar challenges. Moreover ,The researcher is a permanent resident of India and would be able to gain access or conduct interviews of the bank managers to retrieve information which would further form a basis of research. 1.6 JUSTIFICATION FOR THE RESEARCH ROLE OF UBLIC SECTOR IN BANKING Anglo Saxon and Asian model are the two models of ownership by the banks. Many developed countries have adopted the Anglo Saxon model. Under this model the key decisions are taken by the top executives independently dictated by short term requirements and regulations may not be stringent .The latter model is adopted by many developing countries like India . India has a financial system which has substantial ownership by the public sector and has a different structure of incentives for the top executives. It is more likely that in this model where more complex products are involved there is less financial innovation . thus this sector is likely to be less efficient and less innovative but would be more steady. The advantage of this sector during the time of crisis is the perceived sovereign backing. While the former model during crisis came under pressure whereas the later model like the presence of public sector made the Indian financial system sound and stable. It was evident from t he fact that during 2oo8 and 2oo9 foreign and private sector banks NA ratio increased significantly and as an after effect of crisis , the public sectors NA ratio declined. It was lowest amongst all bank groups. For the Indian Banking sector , the public ownership has proved to be a source of strength rather than weakness. On the contrary to the belief that public ownership weakens the efficiency of a firm does not stand true in the case of the Indian banking sector. RBI organized an analytical exercise which indicates that cost and technical efficiency of the public sector banks have been much higher than private and foreign banks in India recently. Moreover public sector banks key role played by the banks is social development and to meet the objectives of developmental finance which is very essential for a developing economy like India. public ownership plays a significant role in the economic development of the country. (RBI 2OO7 2OO8 , pp 22 In addition to the above mentioned reasons the main motive of the researcher to highlight the challenges faced the public sector banks was because if these banks overcome their challenges they can mark a place for itself with the other leading banks. 1.7 STRUCTURE OF THE STUDY This dissertation is divided into five chapters which are as follows:- Chapter 1- This is an introductory chapter. It highlight the aims and objectives; purpose ; justification of the study. This chapter explains the structure/body of this dissertation . Chapter 2- This chapter forms a base/ platform for this dissertation. It consists of ideas and opinions put forward by scholars and different authors who have successfully researched on this field. The researcher has critically reviewed the literature also highlighted the key issues, ideas, arguments by different authors. This chapter mainly covers globalization , its characteristics, theory of globalization, Indian banking sector and challenges faced by the Indian banks. Chapter 3- Primary focus of this chapter is on the methodology adopted for this research. This will include the research design, data collection methods, research ethics, validity and reliability. It also includes limitations of this study. Chapter 4- This chapter explains the analysis of the data/information gathered . Interviews and questionnaires are critically analyzed to give a clear picture about the study. Chapter 5- The previous chapter of data analysis enabled the researcher to draw conclusions and provide recommendations which is described in this chapter, along with the research findings and research area which the researcher intends to cover and undertake next year after successful completion of this research. 1.8 SUMMARY This chapter explicitly explains the structure of this dissertation along with aims and objectives set up for the study by the researcher. It also explains about the research area, purpose and highlights the reason for selection of banking sector in Indian to study the impact of globalization.

Attkins: Hoax or Legitimate Diet? Essay -- Health Nutrition Diet Exerc

Attkins: Hoax or Legitimate Diet?  Ã‚  Ã‚   I will confess I had dismissed Atkins as a total hoax, especially when my mom’s fifty-three-year-old friend developed serious osteoporosis, after a few years on the diet. Now, having researched the Atkins diet, I've learned there is a lot that's positive about Atkins' approach. Still, I'm convinced there are better ways to get the benefits of Atkins without its downsides. As you're undoubtedly aware, Dr. Atkins' basic premise is that we've all been eating too many carbohydrates, especially refined white flour and sugar. â€Å"If you Replace most of those carbohydrates with more fat and more protein†, says Atkins, â€Å"then you'll lose weight.† However, contrary to popular opinion, Atkins is not a "no carb" diet. Even in its strict initial "induction" phase, Atkins allows three cups of salad greens or two cups of greens plus one cup of chopped non-starchy veggies like broccoli or red peppers. You must remember fruits and vegetables are carbs! Gradually anyone on this diet is suppose to increase their carbs in their diet until they discover their individual Atkins Carbohydrate Equilibrium (ACE), which is the level of carbohydrate consumption at which you will not gain weight. It is factual that much of the rise in American obesity and diabetes can be pinned on our enormous consumption of refined carbohydrates. A person’s body turns carbohydrates into glucose (blood sugar) to fuel your body. Intaking too much glucose too quickly your body will be overstrained; your pancreas must extract excess insulin to rush the excess glucose out of the blood stream, and into your fat cells. If you eat fewer carbs or limit yourself to whole unrefined carbs that tr... ...beneficial in the context of a low-carb diet. This seems risky and still unproven to me. I think that it is better to just eat good, healthy food. If you cut all the processed junk from your diet, you're left with a huge, delicious universe of whole foods like fruits, vegetables, whole grains, poultry, fish, legumes, eggs, nuts, and seeds. You can lose excess pounds and maintain a healthy weight by simply eating the good stuff and exercising; without getting excessive and counting each and every carbohydrate, gram, and calorie. I will confess I was biased and had dismissed Atkins as a total hoax. Now, having researched the Atkins diet, I see that many people have benefited from the diet. I see that there are a lot of benefits about Atkins' approach. Yet, I'm still convinced there are better ways to lose weight without facing Atkins downsides.

Rikki Tikki Tavi Theme

Theme is a big idea we take away from a story after reading it. In the short story, â€Å"Risk Tick Davit† by Rudyard Kipling, the primary theme of the story is the Idea of good versus evil. Above all, Risk's character represents good, and the cobras In the story represent evil. In Dalton, another possible theme for this short story could be courage versus fear. By and large, the story contains action and dialogue that helps us determine what the author wanted to reveal about mankind. Body Paragraph 1Risk = Good Explain each characteristic of Risk's through summarizing and quotations. Protective courageous loyal Kipling develops the character of Risk to represent the good in our world. Though Risk is somewhat of an underdog, he demonstrates protectiveness, courage, and loyalty. Risk's protectiveness Is evident at the beginning of the story when he went to bed with Teddy, the young boy. He was awake on the pillow as Teddy was sleeping. Teddy's mother didn't like it, because she thought Risk might bite Teddy.But Teddy's ether explains, â€Å"He Is safer with that little beast than If he had a bloodhound to watch him. † Rural was motivated to protect the family because he wanted to live with them. Courage was a trait Risk showed several times throughout the story, but when Nag came into the house through the sluice, he became very frightened when seeing the size of the big cobra. At that point, Risk began to reason and ask himself questions about what he should do. Then he says to himself, â€Å"It must be the head, the head above the hood; and, when I am once there, I must not let go.Though he was afraid, he showed courage and never gave up even during the toughest battles. When Rural Interacted with Dare, he discovered that the tailboards were miserable because one of their babies fell out of the nest and Nag ate him. Risk demonstrated loyalty to his friends by standing up to Nag, the big black cobra, and asking him, † Do you think It Is rig ht for you to eat fledglings out of a nest? † This loyalty helped him gain hero status with Dare and his wife. Body Paragraph 2 Anglia = Evil selfish 1 OFF determined Body Paragraph 3Alternate claim Courage vs.. Fear Risk = courage Schnauzer = fear Conclusion: Kipling used the theme of good versus evil to help us think about what this means for mankind. When we demonstrate protectiveness, loyalty, and bravery we make life better for others not Just ourselves. If we are selfish and threatening, and our only goal is survival, then we aren't contributing and making the world a better place. In conclusion, we learn that our focus in life should be to think about others before we think of ourselves in order to make a difference in the world.

The North American Free Trade Agreement (NAFTA) - 1345 Words

The North American Free Trade Agreement (NAFTA), came into effect on January 1, 1994, creating the largest free trade region in the world, generating economic growth and helping to raise the standard of living for the people of all three countries participating. By strengthening the rules and procedures governing trade and investment, the NAFTA has shown to be a great base for adding to Canada’s prosperity and has set a valuable example of the benefits of trade liberalization for the rest of the world. NAFTA was designed with many economic results in mind. Hopes were that not only trade would be easier, cheaper, and easier for all countries involved, but economic wealth and growth would follow. The support for NAFTA was spilt among the†¦show more content†¦That created a lot of pay cheques in Canada.†(Marville) Trade of commodities is not the only thing that has grown in response to NAFTA as Canada also has benefited from an increase of trade in services. In Canada, NAFTA has helped to increase the imports of goods over the past decade in these fields: machinery and equipment, communications equipment, and automotive equipment. This has caused Canadas automotive industry to have a noticeable rise, allowing the economy to increase positively. Exports of goods from Canada have also grown significantly. Example being, in 1998, the increase in Canadas exports to the NAFTA regions was approximately equivalent to the entire value of our exports to Japan and to the 15 nations of the European Union combined. These simple statistics can easily show how the North American Free Trade Agreement has impacted the imports and exports to Canada positively. (Rolf Mirus) Canada has benefited directly from NAFTA as every one in five jobs are in linked to international trade. 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