Stress Lab Report Example | Topics and Well Written Essays - 750 words

Stress - Lab Report Example Various risk factors are found to be associated with the job-related stress which may act independently or in amalgamation, including (Risk factors for work-related stress, n.d.)- A. Work Demands- As every individual possesses a limited capacity for work, exceeding these confines may generate job-related stress such as time pressure, getting insufficient time to accomplish tough tasks, greater mental tasks necessitating decision-making or requiring concentration. Monotonous work may generate stress due to unutilized skills or work that demands overtime or taking work home or erratic shift rosters disturbing personal life. B. Low levels of control- Poor control over the situation, lack of autonomy, needless inspection and burdened responsibilities with diminutive authority may generate stress. In some cases individual is also responsible for inadequately managing the work or not accomplishing the task on time due to poor control over the work may generate stress. C. Poor support from supervisors and co-workers- In certain cases the workers may not feel adequate transparency to talk to the supervisors regarding the work issues or the administration is unable to fix the issue may generate stress at work place. ... E. Poorly managed relationships- Co-workers may act as a support or a source of stress. Positive and negative relationship may generate conflict which could serve as an momentum or drive for betterment or it may generate strain. F. Low level of recognition and reward- Appreciation is a way of communication which is an expected of every person who is performing a task, this generates stimulus for diligence. On the contrary, no recognition of the work generates stress and frustration. G. Poorly managed change- Work condition may alter; poor management of uncertainties may generate stress. H. Organizational Justice- Evenhandedness is highly desirable in the organization, this not only generates healthy working environment but also protect the precipitation of stress in individuals. Organizational biases, bullying and harassment may culminate into generation of stress. To promote growth and development of the organization it is essential that both employee and employer work in co-ordinat ion to minimize stress at work-place. The employee must take the responsibility to be physically and mentally well, should avoid snags and negative approaches and by establishing better communication with the management and co-workers (Stress at work: Tips to Reduce and Mange Job and Workplace Stress, n.d.). The employer on the other hand must provide the employees with maximum control over their jobs, maintaining clear communication about important facts, by talking about the goals of the company, customer demands, company's efforts and directives, the supervisors must be able to bring out the best in sub-ordinates, encouraging open discussions and free talks, providing the employees with the freedom to design their job in a

Gp 3 managing organizational change Research Paper

Gp 3 managing organizational change - Research Paper Example Shared’ in which the members will be asked to form the teams and in each team there will be a note taker who will write the common traits of the team members and then the unique traits of the individuals (Unique and Shared). This activity will help each team member to understand the behavior of entire team to ease and open the intra-group communication and they will learn to manage the conflicts. Johari Window is used to create open communication by sharing information of each other to build trust and then attain feedback for further improvement (The Johari Window). Day 2 will be suitable for Johari window introduction as the day is dedicated to setting themes and priorities. Once the team members are fluently communicative with each other, they can easily work on priorities and themes. Unique and Shared - Icebreakers, Ice Breakers, Ice Breaker Games. (n.d.).Icebreakers, Ice Breakers, Ice Breaker Games. Retrieved May 17, 2014, from

Analysis Of Giddens On Agency And Structure Sociology Essay

Analysis Of Giddens On Agency And Structure Sociology Essay Anthony Giddens, a famous writer on society, had developed his thoughts in his books year after year. His book titled, Constitution of Society, written in the year 1986, has leaded him far ahead to achieve his goals. Each of the chapter, in this book; has covered the agency and structure theory and proposes good statements (Giddens, 1986). The author has clearly described what he means with the agency term. He has also given due focus on time and the social actions for space. The discussion on the ways of handling different norms by the people, and the social constraints that exists in the society, are done as well. In addition, he uses empirical research in his book to elaborate further the aspects associated with structure and agency within the society. The text thus discusses the routine practice, which becomes a social act as a principle of duality for the agency- structure relationship. It aims to understand what the strength areas covered in the text is. Additionally, weaker sections are also given consideration. Thus, the report here discusses about various aspects of relationship that exists between agency and structure. The notion of duality by the author is considered too, with due focus on the book Constitution of Society, by Giddens. The notion of studies done to relate the two terms is also covered within the scope of this report. Furthermore, the researchers involved to explore the term are also discussed hereon. This helps in understanding the extent to which both the terms are integrated in this society. These all have helped to reach to certain outcomes of the report at the end. Discussion Agency and structure have been termed as indispensible parts in the social context. These terms are required to relate at one or the other instance. Agency is termed as the capability of individuals to generate wide variety of powers in causal term, while the structure is the set of rules and regulations existing within the society (Frohlich et al., 2001). The relationship between these two instances is yet to explore. Some of the researchers stand in the point, that the two terms inter- relate in themselves, while others consider these as different terms. There does not exist, any discussion of relationship between structure and agency in real terms (Macintyre, 1997; Frohlich et al., 2002) according to some of the researchers. While others state that, these structure and agency are considered as co- dependent and recursive in nature (Nussbaum and Sen, 1993; Sen, 1992). This clearly demonstrates how conflicting the terms are in social context. There is no generalized thought in this arena, instead complete satisfaction and dissatisfaction is noted for the question at hand. This needs to be further explored to understand the concepts associated with the terms. There are different contexts, which integrates the agency and structure. Structural forces are the main determinants for the relationship between agency and structure (Williams, 2003). Thus, the structural forces shall be considered in discussion to understand the concept associated with the terms. This might also help in exploring the text by Giddens in a better manner. Although, in his writings, the discussion of structural forces is missed, he has attempted to use time and geography as basic parameters in his studies. There are number of authors who studied about the relationship of agency and structure (Musolf, 2003; Callinicos, 2004), however the work done by Giddens is important to note in his books such as Constitution of the Society (1986). Most of the writers believed that agency and structure are different terms; however, Giddens consider them as similar. Giddens consider these two as different ways to look one thing. Researchers contribute to routine activities, i.e. those that take place in a similar manner for continuation. Routine activities are considered as social for the organization, as these activities occur in regular fashion. This regular fashion further becomes the set of rules for the society. These rules act as the social orders for an organization. Giddens also consider that time and space results into organizing us in a better manner. Time and place are being considered as important aspects not only for the agency but also for the structure of society. The author considers the time as an aspect, which affects the routine practices. Proper time management is helpful in attaining good routine activities. Thus, author lays focus on right use of time to obtain maximum outcomes. In case one wishes to generate results, there is the need to perform with dual nature. The collaborated approach of using structure and agency is required at such instances. This would entail proper use of time management technique to minimize the wastage of social time. The author thus lays importance on the time. Time is the aspect that demonstrates routine activities. Time is an indispensible part for ones life. He considers people to utilize properly the daily schedule, to make optimal use of time. In case one does not use time in a proper manner, it mi ght result in losses of ones routine plan. Giddens also discussed about the consequences attached with improper use of time management. In case, one does not use the time in a proper manner, it affects the routine activities of an individual. However, if one wishes to work on his knowledge, he can act well in this arena. This affects the agency structure by the mismatch that generates due to lack of control on structure concerned of an entity. For the society to develop with its full potential, it shall discuss the relation between structure and agency (Hay and Wincott, 1998). This shall not be ignored. Giddens had worked to elaborate the point further. However, his writings were not able to describe clearly the point due to lack of clarity in his thought process. His attempt to contribute to agency structure relationship was though worth noting, but for a new reader, it becomes a point of confusion. Giddens, in his book named as Constitution of Society, had not given any clear definition of the terms considered in his writings. The content seems tough to be understood by a reader who has not gone through the previous writings of the author. Thus, it necessitates the basic concept to be clarified, before going through the book. The relation between agency and structure is always at perennial (6). It is not a one-time process. The author thus attempted to describe the relationship considering the time-geography too. This was in line with the time management of the author. This demonstrates the importance of time, and its relation to the geographic unit. The ways geographical parameters change with time are also discussed. Additionally, the variation of structure and agency with different time and geographic locations is considered in the study as well. This relationship between agency and structure is also well studied by researchers such as Rothstein and Hall (1993), Thelen, and Steinmo (1992). This is the reason, many researchers attempted to explore the relationship. However, the complexity associated with them in social context has acted as a hurdle to describe the two characteristics. Giddens further followed the tradition in his writings. He was unable to thoroughly explore the relationship between the two terms. The agency and structure were not thoroughly discussed in his writings. The discussion on duality of these terms was there though; the basic concepts associated with them were not described. Thus, on looking other side of the coin, we can see that the book of Giddens lacks in clearly describing the duality and social practice concept. It does not describe the ways in which practices are constituted, the way in which it relates social system etc. The book also misses practice concept, which is important to attain sust ainable analysis. Thus, the book is tough to understand for someone, who has not read previous books of the author. It directly summarizes the duality structure for understanding the agency- structure relationship. This way, he created a sort of confusion situation in the minds of readers who have not read his previous writings. For an individual to understand the text by Giddens it becomes mandatory to understand the basic concepts associated with the topic; else, it would become tough for them to understand the discussion done in his writings. The authors lacks in discussing the reason, why people want certain things. It just discusses the wants of people. The subject here is constituted in a social manner. There is also the discussion laid that wants arise from the needs, which are related to ontological security. The theory discusses the way individuals can achieve proper results using the agents. Thus, the concept of agency- structure relationship has always been a tough task. It is with not only Giddens, but also the researchers such as Dahlgren and Whitehead (1991) had failed to establish a relationship between these two characteristics of society in the daily life of the world. There is thus the need to understand the basic concepts in hand. The social context, with reference to time is to be understood at initial stages. This would help in creating a framework for the point at hand, and the integration of these two characteristics of society will be done in a better manner. The research in todays life is exploring further the structure and relationship and the behavioural pattern (Williams, 1995). These further explorations are expected to help the society in analyzing these duality and routine practices in the right manner. There would be lack of clarity, and the outcomes will be with a stronger research background. Thus, the main point of confusion exists to know the re lationship between structure and agency (Gerhardt, 1979), which if explored by the researchers, can lead to attain certain outcomes, which would help us in further understanding the concept at hand. This would entail the need to use proper time management techniques. The weak background of Giddens shall not be over- focused, but shall be given an opportunity of further exploration using the basic concepts at hand, to reach to the outcomes. This would help us to attain the results at a greater pace, and with clear outcomes, which does not have conflicting situations, as at present. Conclusion On considering the notion of duality and the social practice of relationship between agency and structure, we have come up with some important findings. We can interpret that the writings of Giddens are quite conflicting at certain instances. These act as the constraining and enabling at the same time. At certain instances, Giddens talk about the practical aspect of life. He considers time as real and factual to work out on the life. However, at other instances assumptions are encouraged by the author. This raises the problem of lack of clarity in his thought process. Additionally, the complexity involved with the writings of Giddens, enforce one to go through the basic concepts, prior to reading the text under review. Thus, there was a mixed approach obtained. At some instances, it was noted that the structure and agency are well integrated with each other, while at others there was noted the lack of control and dependency of one characteristic on the other. This mixed approach has resulted in further elaboration of the associated concepts, which would help in understanding the point. Else, it would be tough to understand this text in hand, with lack of control over the text and lack of clarity by the author. The basic concepts can however be of great help in understanding the concept at hand, and the associated relationship. Thus, overall the text was a good collection of data, but lacks clarity and mandates the reader to go through basic concepts, prior to going through the text at hand. This way, one would be able to understand the associated characteristics in a better manner.

sterilization Essays -- essays research papers fc

  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  The only way to ensure that sterilization has occurred is to use the biological monitoring methods. This is because these are the only tests done which show whether or not actual microbial life has been killed. Biological methods are the only ones which are recommended by the CDC (Centers for Disease Control and Prevention), the AAMI (Association for the Advancement of Medical Instrumentation), the AMA (American Medical Association), OSHA, and OSAP (Office Safety and Asepsis Procedures Foundation)   Ã‚  Ã‚  Ã‚  Ã‚  Biological monitoring is basically evaluating a sterilization process by rendering highly resistant bacterial spores biologically inert. The highly resistant bacterial spores used varies depending on what kind of sterilizer was used. For example Bacillus stearothermophilus spores for steam and chemical vapor sterilizers, Bacillus subtilis spores for dry heat and ethylene oxide sterilizers. These specific Bacillus spores are used because they are more resistant, and present in greater numbers than are the common microbial contaminants found on patient care equipment. If it is proven that these spores have been killed, it is strongly implied that other potential pathogens in the load have also been killed.   Ã‚  Ã‚  Ã‚  Ã‚  In this method, living spores which are resistant to whichever sterilizing agent is being tested are prepared in either a self contained system, such as dry sp...

Pop Culture in Todays Society Team Assigment

Popular culture changes frequently and occurs exceptionally in place and time. It forms currents and represents a complex of mutually interdependent perspectives and values that influence society and its institutions in a various amount of ways. Today, we rarely see the representation of television shows that embrace settings that set positive images for our children today, it is more towards exploiting the fact that times have changed and so should we as people. There was a time when families gathered together and listened to programs being broadcast over the radio. During this time, that was considered a special bonding family moment. Further more families at one time would allow their children to watch programs that created positive messages between each other. The physical connections among families have altogether been replaced by modern technology such as televisions, cell phones, and computers. The intimate relationship between Americans and their families has changed so that people do not indulge in an open conversation with each other; it has certainly been replaced by modern amenities. There was a time when programs such as The Brady Bunch, The Cosby Show, and The Partridge Family were number one hits with families of that particular generation, now those choices have been replaced by reality TV, what is now considered family shows, such as American Idol, Big Brother, and Survivor. Among other television shows, Bart Simpson of the Simpson’s and Stewie Griffin of Family Guy, which should be targeted as an adult program, surprisingly are viewed by American children. Most of what is known about the world comes from figurative rather than experienced reality, particularly in advanced media-saturated societies like the United States. Youth today tend to be more influenced by pop culture and are more likely to take information from media sources into their worldview than older people. Children and adolescents largely rely on popular culture rather than draw from symbolic reality to form their cognitive scripts.

Hinduism Architecture

Hinduism Architecture Hinduism is a predominant religion of the Indian subcontinent. It begins simply by differentiating between matter and spirit and the theology of the religion is based upon three main truths, God, Matter and Soul (Richard Blurter, 1992). It is also a conglomeration of intellectual and philosophical points of view, rather than inelastic common sets of beliefs. Hinduism believes in the real self which is called the â€Å"ATM† is distinct from the temporary body made of matter or â€Å"Portrait† ( Richard Blurter, 1992).Hinduism dates back to the early Harpoon period (5500-BECAME) and its life and practices during the pre-classical era are known as the Historical Vivid religion. Many Hindu ideas and thoughts are greatly reflected in the Hindu architecture. Hindu architecture bear witness to the strong spirituality of India. Hindu architecture is known as Vast Shasta. In Sanskrit the word â€Å"vast† meaner a building or structure and so the expr ession â€Å"vast Shasta† is the science of structure (Raja Kumar 2003).Hindu Architecture addresses two kinds of buildings, religious structures including temples and shrines and non-religious structures including civic buildings and residential homes (Raja Kumar, 2003). It is believed that astrology plays an important part in Hinduism theology and also Hinduism architecture and follows three principles. The first is the idea that the world is the body of God. A sacred structure such as a temple is designed to be not Just the home of God, but the actual body of God. The second principle concerns the relationship between the macrocosm and the microcosm where the temple is compared to the large universe.The third principle teaches that the part always contains within itself he whole. The design of a building should align with the universe so that we control the forces of the universe within that building (Villainies, 2009). The Hindu temples are designed to represent a cosmic mountain that serves as the earthly residence of the cosmic deities. Hindu traditions tell us that there are forces, some subtle and others not so subtle, some positive and some negative, around us at all times and it is in our interest to take full advantage of these positive forces and avoid the negative forces (Villainies, 2009).The architecture of the temples represents he faith's complex cosmology, with sanctuary walls accommodating statues, sacred emblems and myths of Hindu pantheon. In Hinduism the temple is a central element in all aspects of everyday life. It is significant not only for religious activities but also for elements of culture, society and education. The temples do not contain large internal spaces, they are tabernacles preceded by halls used for rituals, and music and dance since the architecture of the temples are the expression of faith (Raja Kumar, 2003).The Hindu temple is considered the centre of intellectual, artistic, virtual, educational and social ele ments of daily life. Furthermore, the temple is a place where God may be approached and where divine knowledge can be discovered therefore, the temple is designed to dissolve the boundaries between man and the divine. Hindu architecture combines harmony and symmetry with a high degree of outer adornment. Elements are designed to have correct proportions and exert a positive influence on their surroundings.The reason what makes the architecture so beautiful is the small details that harmonize and mix with the colossal architecture. The architectural plans are based on â€Å"wants† which is the diagrams of the universe. It is a circle within a square, within a rectangle, with four gates to represent the four directions of the universe. At the center of the temple is the sanctuary, where an image or symbol of the temple deity is kept. Many temples sit on top of a cruciform platform, with a tall spire called â€Å"sierras† ( Richard Blurter, 1992).They are usually set on p latforms, with stairways connecting different levels. Large temples sometimes have separate buildings for meditation halls, offices and other purposes, and elaborate porches. Hindu temples typically consist of a prayer hall called a â€Å"mandate† and a sanctuary or central shrine called a â€Å"agoraphobia† (Richard Blurter, 1992). The sanctuary contains an icon of the Hindu deity. The focus of a temple is the inner sanctum, which sits on elevated platform below the central tower. It is the most sacred part of the temple and symbolizes a womb.Most temples have an outer wall with gates or â€Å"asparagus† that represents the four directions of the universe and are considered thresholds between the universe and the outer world. The gates are usually protected by sculpted warriors and sometimes river goddesses (Richard Blurter, 1992). The main gate is on the auspicious east side. The west is considered inauspicious and associated with death. The north is linked wi th elephants, which are valued because of their strength. The south is considered neutral. Non-religious architecture always begins by laying the cosmic body of God or â€Å"Pursues† over every building site or â€Å"Mandela†.The cosmic body is positioned in relation to the site. The head of God lies in the northeast corner because it is lived that sun equals light which equals knowledge and that Fourth more equals consciousness and ultimately spiritual enlightenment (Villainies, 2009). The east is the source of light and the north-east point is the most important because it is the point of minimization of light. The south-west corner, which is the exact opposite of the north-east corner is not considered an auspicious place and so when arranging a home one should avoid placing the meditation, kitchen or offices in this place.

A qu familiares puede pedir un residente permanente

A qu familiares puede pedir un residente permanente Los residentes permanentes legales, es decir, aquellas personas que tienen a su nombre una tarjeta de residencia (green card) pueden pedir a dos tipos de familiares: esposos e hijos solteros. Es decir, a diferencia de lo que ocurre con los ciudadanos americanos, los residentes permanentes no pueden pedir los papeles para sus hijos casados ni tampoco para sus padres o madres ni para sus hermanos. Ni tampoco a sus prometidos. Si tienen al novio/a en otro paà ­s y à ©ste desea visitar, hay que conocer las reglas. Desde el punto de vista de las leyes de inmigracià ³n, los familiares a los que puede pedir un residente permanente estn clasificados en dos categorà ­as, que es importante recordar, porque los tiempos de espera estn determinados por ellas: F2A: esposos y esposas de residentes e hijos solteros menores de 21 aà ±os de edad.F2B: hijos de residentes permanentes que estn solteros y tienen 21 aà ±os o ms. A tener en cuenta en los trmites para solicitar la green card para estos familiares Tiempos de espera Cada mes el Departamento de Estado publica un nuevo Boletà ­n de Visas. Comprobar en las categorà ­as F2A y F2B quà © fecha de corte se publica. Eso quiere decir que todas las peticiones con una fecha de prioridad anterior a ese dà ­a publicado en el boletà ­n de visas comienzan a tramitarse por el Centro Nacional de Visas (NVC, por sus siglas en inglà ©s). Se inicia la fase final del proceso y en unos meses habr llegado a su fin. Quà © pasa si la persona est ya en Estados Unidos Si est ilegalmente no puede ajustar su estatus en ningà ºn caso. Por lo tanto asesorarse con un abogado de inmigracià ³n antes de enviar los papeles al Servicio de Inmigracià ³n y Ciudadanà ­a (USCIS, por sus siglas en inglà ©s). Ya que si se envà ­an lo à ºnico que se hace es pagar por nada. Si est legalmente en Estados Unidos hay dos posibilidades: si puede mantener su estatus legal durante todo el tiempo que dure la tramitacià ³n, por ejemplo, si tiene una visa de trabajo, entonces puede optar a un ajuste de estatus. Si se hace asà ­ asegurarse de presentar bien los papeles y la persona pedida deberà ­a asesorarse legalmente antes de salir del paà ­s hasta acabar toda la tramitacià ³n.si est legalmente pero no puede mantener ese estatus durante toda la tramitacià ³n entonces debe salir de los Estados Unidos dentro del plazo que tiene para abandonar el paà ­s legalmente. Por ejemplo, si un extranjero entra como turista y se casa con residente permanente no puede esperar dentro de Estados Unidos. Debe salirse y si no lo hace pueden aparecer toda clase de problemas, como que se le aplique el castigo de los tres y diez aà ±os. La consecuencia es que por no querer esperar fuera del paà ­s unos meses va a tener que esperar varios aà ±os. Si se est fuera de Estados Unidos hay que esperar allà ­ hasta pasar una entrevista en la Embajada o consulado y recibir una visa de inmigrante. Estas son las posibilidades  de recibir una visa de turista mientras se espera por los papeles para emigrar. Quà © sucede si residente pide a hijo soltero y durante la tramitacià ³n à ©ste se casa La peticià ³n deja de tener efecto. Ya que no se puede conceder una visa de inmigrante a un hijo casado de un residente permanente. Si no se avisa lo que va a pasar es que al llegar la entrevista se va a denegar la visa. Jams mentir a Inmigracià ³n o a un consulado sobre una cosa tan importante como es el estado civil. En estos casos, todas las cuotas pagadas a Inmigracià ³n se pierden ya que no se reintegra el dinero. Quà © pasa si un residente permanente pide a un familiar y durante la tramitacià ³n se naturaliza y se convierte en ciudadano Puede notificarlo ya que los esposos e hijos solteros menores de 21 aà ±os de un ciudadano no tienen que esperar a que haya visa de inmgrante disponible para ellos. Esto quiere decir que probablemente el proceso se haga ms rpido. Quà © pasa si residente permanente pide a cà ³nyuge y à ©ste tiene hijos Los hijos del cà ³nyuge pueden tambià ©n ser pedidos incluyà ©ndolos en la misma peticià ³n si son menores de 21 aà ±os y estn solteros. Si durante el tiempo de espera de la tramitacià ³n alguno de ellos cumple los 21 se tendr que hacer una peticià ³n nueva para esa persona, incluyendo una copia de la peticià ³n original. Matrimonio, su validez y derechos migratorios de gays y lesbianas Para que un matrimonio produzca efectos migratorios tiene que tener validez. Adems, desde junio de 2014 desde el punto de vista migratorio no hay diferencias en cuanto a los beneficios entre el matrimonio entre un hombre y una mujer que el de entre gays o lesbianas. Consejo a tener en cuenta Las personas que desean emigrar a los Estados Unidos deben tener en cuenta un hecho irrefutable: es un paà ­s distinto. Por lo tanto, lo mejor para evitar problemas por un lado y para conocer los derechos por otro, lo aconsejable es familiarizarse cuanto antes con 10 aspectos bsicos de la vida en el paà ­s.   Este es un artà ­culo informativo. No es asesorà ­a legal.

Data Warehousing essays

Data Warehousing essays Determining which subjects will be created and populated in the data warehouse is called subject definition. A subject is a logical concept; for example, an organizations customers, including their names, addresses, etc. From this business logic, a logical data model is developed. Next, the logical model is translated into a physical data model that defines the actual data storage architecture for the data warehouse. Physical models can be based on several design constructs, such as an entity relationship model, star schema, snowflake schema, persistent multidimensional store, or summary tables. Data transformations are used to convert and summarize operational data into a consistent, business-oriented format. Transformation of data consists of two distinct steps: 1) integration and conversion and 2) summarization. Integration and conversion resolves data inconsistencies in value definitions and formats among data. Summarization, consisting of both numerical summarizations and groupings, provides analysts with a historical view, rather than the record-by-record view provided by the OLTP database. Metadata is the warehouse repository that defines the rules and content of the warehouse and maps this data to the query user on one end and to the operational sources of data on the other. As an abstraction layer, metadata masks the technical aspects of data access, making information resources access-friendly. Ideally, end users access data from the data warehouse without knowing where the data reside, the format, or any other physical attributes. The business benefits derived from implementing a data warehouse are tremendous. Data warehousing offers organizations an opportunity to reinvent the tools used for decision making by making the tremendous amounts of data collected by business yield copious amounts of useful information about customers. ...

Find out What the MILF Acronym Means

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Plan Essay Example | Topics and Well Written Essays - 500 words

Plan - Essay Example This may include private sector, non-governmental organisations and the federal government. Scope of the plan in the emergency operation plan includes the actions to be taken to support the local and state government efforts in protecting public health and property at the same time saving lives. It further contains a detailed description on the coordination of the federal and other states resources to mitigate the effects of the emergency. In the emergency operation plan, the concept of operation is outlined to ensure that there is smooth action. It prevents confusion at the time of emergency hence increasing effectiveness of the members of staff involved in the operation. Lastly organisation assignment and responsibility, are outlined in the plan to ensure that there are adequate resources available to mitigate the effects of an emergency. It outlines the resources to be released to the emergency area under the order of respective leaders. The release of resources, depend on the extent of the emergence as assessed from the initial received information from the area of the incident (Barr, 2008). The plan contains a well-defined emergency support functions that include transportation, public works and alerting, communication and alerting fire fighting, information planning among other support functions. They ensure that all the hazards are dealt with timely with adequate resources in case they occurred. The plan contains a hazardous material response plan, radiological emergency response plan and response to harsh weather changes. Thus the an covers all the most potential and disastrous emergency The plan has a well-designed emergency operation plan within the operation centre. This is aimed at ensuring that there are minimal collisions between people working at the centre. Thus it increases the effectiveness of the emergency response team. This is possible since

Internet Marketing and Consumer Behaviour Essay Example | Topics and Well Written Essays - 750 words

Internet Marketing and Consumer Behaviour - Essay Example Theoretically, you win! Yapiee! You should get sales now but what happens, when you get in to the Google Analytics you see good amount of traffic but no sales, bounce rate of 80% or plus, OMG! Practically, ranking in the top of the search engine from the desired key phrases is very important but this will only bring the targeted visitors to the website and if your website is not strong enough to convert them in to leads and customer then your ranking is a waste! One should seriously consider the consumer behaviour while creating web pages and websites for businesses. So, what is Consumer Behaviour? â€Å"Consumer behaviour is the study of when, why, how, and where people do or do not buy a product. It blends elements from psychology, sociology, social anthropology and economics. It attempts to understand the buyer decision making process, both individually and in groups.† I extract the word that will be the centre of the circle for the rest of the post and that is ‘Decis ion Making Process’. When a visitor is on your website the decision making process starts, there are different stages of decision making processes, which are as follows: 1. ... The website should have to have enough content (i.e Articles, eBooks, Images and Videos) to make visitor aware of the possible unsatisfied needs and how a product or service can fulfil the need of the customer. 2. Search for Information: Now you have supplied with the enough information online that he is satisfied the next stage is to search for the company information. Nobody will buy a product or service online without researching about the company information, product reviews and related information. In the online industry, we all know the power of review websites and the impact of positive reviews on product or services. In this step, consumer will more likely research about the company on other review websites, testimonials and feedbacks. Your website should have to have good reviews on and off the website (on review sites) in order to help customer to pass this step and move to the other one. 3. Expected Outcome: The customer at this stage is supplied with enough information an d this is the time for him to evaluate the information and come up to possible outcome. At this stage he has decided either he is going to buy from your website/company or not. In case of negative the consumer will bounce away from your website but if yes then he will possible narrow down his research to only few products and will care about different factors like price, quality and more, sales copy written against the product also plays a vital role in the decision making process. Studies have proved that attributes that play with emotions (such as trust, comfort and excellence) are rated higher in the decision making process. 4. Purchase a product: Finally this is the last stage of the decision making process. At this stage consumer will decide which product to buy or leave the

Campus Crew Customer Communication Coursework Example | Topics and Well Written Essays - 250 words

Campus Crew Customer Communication - Coursework Example As a function of this, this brief analysis will consider the customer communication strategy for campus crew in Peterborough Ontario. Due to this particular understanding of the customer communication strategy, the Peterborough Ontario campus crew has a limited scope and interaction with the end consumer. Whereas other aspects of the business cycle integrate directly with the consumer and expressly state their function/purpose/and service offerings, the campus crew is non-proactive and its offerings and services to the end consumer are merely taken for granted (Hennig-Thurau 57). As such, this does not present a situation in which the business model or business plan has a high degree of interaction with the consumer and therefore risks the continuation of services due to an under-appreciation and or misunderstanding of responsibilities and services engaged upon. In this way, it is the recommendation of this author that in order to engage with shareholders in a more complete way, the customer communications strategy of the campus crew in Peterborough Ontario must be completed overhauled and updated so as to engage the shareholders and customers with the services and products offered. Hennig-Thurau, Thorsten. "Relationship Quality And Customer Retention Through Strategic Communication Of Customer Skills." Journal Of Marketing Management 16.1-3 (2000): 55-79. Business Source Premier. Web. 25 Mar.

Book report on Beast on the Haitian Hills Essay Example | Topics and Well Written Essays - 750 words

Book report on Beast on the Haitian Hills - Essay Example He does not believe in Voodoo and its beliefs. He considers that those people who believe in Voodoo are irrational and gullible. For him, Voodoo has no importance in life. The story revolves around the character of Morin. Morin is shown as a sycophant who is involved in extramarital affairs for most of his time. He belongs to upper class society and works at a grocery store. Morin gets an opportunity to fulfill his dreams when his wife gets expired. He moves to the countryside to leave his life there. After reaching the countryside, he recognizes that all his imaginations concerning country life are faulty as he judges country life as boring and unrespectable. He comes to know that all the farmers working in country life are uneducated and are free from any etiquettes. The residents of countryside are unable to give Morin his due respect as a learned and educated person. Morin becomes an alcoholic by considering his flawed dream and his wife’s death. In his alcoholic state, he misbehaves to the peasants and farmers. After considering about the behaviors of peasants of countryside, Morin decides that he would not allow any peasant or farmer to develop any kind of relationship to him. By adhering to the notion of restricting the peasants to correspond with him, he builds a wired boundary around his land due to which, the entrance of farmers and peasants is blocked in his locality. The peasants and farmers face a lot of problem because of his action as his land is present at a place, where there is major resource of water. The peasants and farmers are required to go to distant place to fetch up water for their needs because of Morin’s restriction. This action of Morin infuriates the residents of countryside. Bossuet is a country resident who is profoundly infuriated because of Morin’s actions. People living in the countryside fear Bossuet because of his exercising of

Principle cells of the immune system Essay Example | Topics and Well Written Essays - 500 words

Principle cells of the immune system - Essay Example Three of such principal cells of the immune system are lymphocytes, antigens, and effector cells. Below, brief descriptions of the roles of these three cells in immune response are discussed. Lymphocytes have been noted to be cells that emanate from stem cells within the larger immune system. As far as immune response is concerned, the lymphocytes take charge of the adaptive response (Guermonprez et al., 2012). For this to happen, there are a series of functional activities that come together. Working together with specific receptors, the lymphocytes function towards the recognition of specific antigens that enter the body. Consequently, the effect of antigens in the body would be hampered if the lymphocytes are not functioning properly. Bryant, Trinder and Curtis (2004) also noted that one the lymphocytes emanate from the stem cells, they go on to form three different populations of cells which are B cells, T cells and natural killer (NK). Of the three however, it is the B and T cells that take part in the adaptive immunity as NK cells function as innate immunity. The B cells for example produce antibodies, whiles the T cells engage in cell-mediated immunity (Guermonpre z et al., 2012). The second principal cells are the antigen presenting cells, which have the core role of aiding the lymphocytes to undertake the adaptive response. In some cases therefore, the antigen presenting cells are considered to be also responsible for adaptive response. The antigen presenting cells function by bringing antigens to the lymphocytes. Writing on the anatomy of the immune system, Zen and Parkos (2003) indicated that the location of the antigen presenting cells (APC) makes it very convenient for it to play its role. This is because these APCs are found in the periphery. From this location, they are able to examine the tissues to identify antigens. One major difference between the function of the lymphocytes and APCs is

Social Security Essay Example | Topics and Well Written Essays - 1750 words

Social Security - Essay Example Social Contract (representative governance) This describes a model that typically shows cases and questions the origin of the society and the capability of the authority in place of a State over an individual (â€Å"The Social Contract†). â€Å"Man was born free and he is everywhere in chains†. Jean Jacques Rousseau, was the greatest theorists in the areas of social contract and natural rights. According to the belief of Rousseau, freedom was the best method to be used so as to self-maintain an individual. He tried to understand the freedom a person has and why they would subject themselves to the rule of a government rather than their own (â€Å"The Social Contract†). When related to social security, Social contract can form a basis where individuals of a state have a legal right to have access to their pension plans and are subjected to have an equal share of their stipulated benefits. The State despite being the governing body should have the capability to give those dependent on the plan their due right. As related to what Jean Jacques Rousseau states, â€Å"Man was born free and he is everywhere in chains† ( â€Å"The Social Contract†). b) Classical Liberalism (natural rights) This can be described as a political belief where the aim is securing the freedom of the individual by limiting the power of the state. Classic Liberalism in an economic factor can be related to respecting private property and free markets. Classical Liberalism should not be confused with democracy or American liberalism since an individual can be a liberal and not a democrat and socialism is slightly related to socialism (â€Å"Glossary of historical terms: Classical Liberalism†, 2003) Jefferson's Declaration of Independence, â€Å"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men,

Principle cells of the immune system Essay Example | Topics and Well Written Essays - 500 words

Principle cells of the immune system - Essay Example Three of such principal cells of the immune system are lymphocytes, antigens, and effector cells. Below, brief descriptions of the roles of these three cells in immune response are discussed. Lymphocytes have been noted to be cells that emanate from stem cells within the larger immune system. As far as immune response is concerned, the lymphocytes take charge of the adaptive response (Guermonprez et al., 2012). For this to happen, there are a series of functional activities that come together. Working together with specific receptors, the lymphocytes function towards the recognition of specific antigens that enter the body. Consequently, the effect of antigens in the body would be hampered if the lymphocytes are not functioning properly. Bryant, Trinder and Curtis (2004) also noted that one the lymphocytes emanate from the stem cells, they go on to form three different populations of cells which are B cells, T cells and natural killer (NK). Of the three however, it is the B and T cells that take part in the adaptive immunity as NK cells function as innate immunity. The B cells for example produce antibodies, whiles the T cells engage in cell-mediated immunity (Guermonpre z et al., 2012). The second principal cells are the antigen presenting cells, which have the core role of aiding the lymphocytes to undertake the adaptive response. In some cases therefore, the antigen presenting cells are considered to be also responsible for adaptive response. The antigen presenting cells function by bringing antigens to the lymphocytes. Writing on the anatomy of the immune system, Zen and Parkos (2003) indicated that the location of the antigen presenting cells (APC) makes it very convenient for it to play its role. This is because these APCs are found in the periphery. From this location, they are able to examine the tissues to identify antigens. One major difference between the function of the lymphocytes and APCs is

Foreign market entry strategies Essay Example for Free

Foreign market entry strategies Essay â€Å"Firms which participate in the business system as partners complement the company and its suppliers, thereby increasing the value to customers†. Explain your understanding of this view and provide examples to reinforce your arguments. For a company, entering new foreign markets may be achieved in a variety of ways. Each of these ways places its unique demands on the company in terms of organizational and financial resources. Most of the times, entering international markets is not a matter of choice but of necessity to remain competitive in new or established markets by meeting the consumer’ needs and values. The decision to go international represents an important commitment, to go into a new line of activity, this being the reason why it should be taken step by step: obtaining information, analyzing them, formulating alternative action plans, (Tookey, 1975) and of course find the right partners that match the company brand image and values. The international business system model is focused on the advantages determined by the internationalisation process and less on the development process of the internationalisation of companies. The main scope obtained by applying the Uppsala Model is predicting the company’s evolution on foreign markets. Two elements are at the basis of the model: the notion of essentiality attributed to the process and the notion of physical distance. The internationalisation of a multinational company takes place step by step, according to the Uppsala Model, which minimises the risks regarding the new market (Johanson; Wiedersheim-Paul, 1975). Therefore, the company is being involved gradually (investments, control and profit), getting to the point of creating a production subsidiary which ensures also the selling of the products on the new market. The stages of the internationalisation process are presented in Appendix 1. The concept of physical distance, the second element the Uppsala Model is based upon determines the companies to select, in a first stage, the neighbour countries in order to reduce the cultural, economical, political differences. According to this approach, the bigger the physical distance, the bigger is the incertitude about the new market and bigger the risks associated to this market. In the view of the globalisation phenomena, there are numerous criticisms about the â€Å"physical distance† notion. Many papers have developed the subject of the company’s internationalisation; a special place holds J. Birkinshaw who analysed the problems regarding the role of the subsidiaries and the evolution of the mandated in the internationalisation process at the multinational’s level. Therefore, Birkinshaw and Hoods (1998) have shown that creating a subsidiary can be explained on the basis of the interactions between the decisions of the mother-company, the initiatives o f the subsidiary and the specific conditions existing on the new market. The model developed by Birkinshaw (1997) is based on three variables: The relation headquarters – subsidiary; the subsidiary’s initiatives and the local environment. Regarding the internationalisation process, the company has more options (see Appendix 2) The first choice is represented by the development of the existing markets and it is being used by companies that are acting on highly competitive markets; the second choice – the company can choose to develop its activity on new markets, similar to the ones they are already acting on – in this case, they are usually choosing to export their products; the third strategy is developing a new line of products similar to the ones they already have and which will be sold on similar markets- in this case the company can choose between strategic alliances: creating a joint venture or licensing. . Management’s involvement in export operations is different, as we talk about passive exporters (when selling abroad is induced by the demand existing on the foreign market, meaning that the business is initiated by the importer) or active exporters (when the operation is initiated by the seller, which has an export strategy and a suitable business plan (Popa, 2006) From the operational point of view, exporters can be indirect exporters(with the participation of trading houses), when it isn’t necessary to create an organizational structure specific to the export activity or direct exporters, which is made by the producer, which is creating services or departments for international business. The determinants of export behaviour are experience and uncertainty effects; behavioural and firm-specific influences and strategic influences. 1. Experience and uncertainty effects Knowledge and learning regarding the exporting activity may be possessed or accumulated by the company in time. Experience has a key role, as firm’s involvement in international markets is most of the time a gradual process. During the early stages of exporting, firms have a more concentrated foreign market focus, while increased involvement in foreign market encourages diversification to a wider range of markets. As a firm’s knowledge of an export market increases, the uncertainty factor diminishes. This knowledge allows the identification of concrete opportunities, as distinct from theoretical that may be apparent from objective knowledge. 2. Behavioural and firm-specific influences Recent theories of exporting are strongly influenced by the behavioural theory of the firm, which stresses decision-maker characteristics, organizational dynamics and constraints, ignorance and uncertainty as key variables in decision making. Exporting has been described as a development process based on a learning sequence involving six stages Bilkey and Tesar, 1977): Stage 1: the firm is not interested in exporting Stage 2: the firm supplies unsolicited business, doesn’t examine the feasibility of active exporting Stage 3: the firm examines the feasibility of exporting in an active way Stage 4: experimental exports on neighbour countries Stage 5: the firm becomes an experienced exporter Stage 6: the firm explores the feasibility of exporting to additional countries of greater business distance. According to Welch (1982), the export commitment is influenced by four groups of factors (see figure 4): pre-export activities, direct export stimuli, latent influences on the firm and the role of the decision-maker. 3. Strategic influences The opinion among researchers and managers is divided on the issue of the relation between the firm size and export success. Still, the importance of a positive managerial attitude to exporting and the necessity of committing managerial and financial resources to the internationalization process are crucial to the success of the firm, irrespective of size. As a mode of international market entry, strategic alliances allow the firm (Bradley, 2002): †¢ Access to assets not readily available in the market †¢ Access to technology and markets †¢ The smaller firms can have access to technology and new products †¢ The larger firms can have access to markets †¢ Synergetic effects in the partner firms. Choosing the way to enter a foreign market represents an important part of the foreign direct investment strategy. The companies should select the new market, decide upon the types of operations that are about to be developed on these markets and decide the type of entry –green field investments, acquisitions, joint ventures. Choosing the way to enter a foreign market was also explained through cultural and national factors. Many studies have been concerned about this topic: †¢ Kogut and Singh (1988) after researches have concluded that a big cultural distance between the country of origin and the host country have as a result choosing joint ventures or green field investments. †¢ Gatignon and Anderson (1988) have shown that an important socio-cultural distance, measured with the help of the Index developed by Ronen and Shenkar (1985) goes to the partial propriety right. †¢ Gatignon and Anderson (1988) have concluded that multinational companies avoid having 100% owned subsidiaries in high risk countries. †¢ Cho and Radmanabhan (1995) have shown that companies from Japan are not willing to make acquisitions in developing countries. Choosing the joint venture as a mechanism to enter new markets (especially the developing countries and the ones with centralised economy) is usually a sec ond-best option for the companies from developed countries. Still, the companies show through this the major interest for the local market; the participation in the joint-venture could be qualified as a foreign direct investment. Many times, this mechanism represents the only way to be present on a certain market. Licensing in international markets: License is the purchase or sale by contract of product pr process technology, design and marketing expertise (Bradley, 2002). It involves the market contracting of knowledge and know-how. International licensing takes place when a company provides, for a certain fee-royalty, a technology needed by another company in order to operate a business in a foreign market. Licensing of this firm involves one or more of these elements: †¢ a brand name †¢ operations expertise †¢ manufacturing process technology †¢ access to patents †¢ trade secrets. Licensing may be attractive when host countries restrict imports or foreign direct investment, or when the market is small and when the prospects of technology feedback are high. Franchising to enter international markets: Franchising is a derivative of licensing. In franchising a business format is licensed, not a product or a technology. Trademarks, trade names, copyright, designs, patents, trade secrets and know-how may all be involved in different mixtures in the „package† to be licensed. Franchising is a form of marketing and distribution in which the franchisor grants an individual or company, the franchisee, the right to do business in a prescribed manner over a certain period of time, in a specified place (Ayling, 1986). A franchise is, according to International Franchise Association (IFA), the agreement or license between two legally independent parties which gives: †¢ a person or group of people (franchisee) the right to market a product or service using the trademark or trade name of another business (franchisor) †¢ the franchisee the right to market a product or service using the operating methods of the franchisor †¢ t he franchisee the obligation to pay the franchisor fees for These rights †¢ the franchisor has the obligation to provide rights and support to franchisees. Types of Franchises There are two main types of franchises: product distribution and business format. Product distribution franchises simply sell the franchisor’s products and are supplier-dealer relationships. In product distribution franchising, the franchisor licenses its trademark and logo to the franchisees but typically does not provide them with an entire system for running their business. The industries where you most often find this type of franchising are soft drink distributors, automobile dealers and gas stations. Some familiar product distribution franchises include: Pepsi, Exxon, Ford Motor Company. Although product distribution franchising represents the largest percentage of total retail sales, most franchises available today are business format opportunities. Business format franchises, on the other hand, not only use a franchisor’s product, service and trademark, but also the complete method to conduct the business itself, such as the marketing plan and operations manuals. Business format franchises are the most common type of franchise. The United States, today reported that the 10 most popular franchising opportunities are in these industries: fast food, retail, service, automotive, restaurants, maintenance, building and construction, retail—food, business services, lodging. The many advantages and disadvantages of owning a franchise should be carefully evaluated before deciding to purchase one. Throughout all these different foreign market entry strategies, by understanding every characteristic detailed we can conclude that partnership can be at the core of international marketing decisions and enable possibilities of internationalisation. Partnerships can be structured in various ways depending on their purpose. Wholly foreign-owned enterprises, non-equity/contractual/co-operative strategic alliances, equity strategic alliances/joint ventures, and franchises, are basic types of formal partnerships. There are numerous other types of informal partnerships including; joint marketing promotion, joint selling or distribution, technology licensing, R D contracts, design collaboration, production agreements, and other synergies. Consequently, the ideal partner in a business partnership is one that has resources, skills and assets and values which complement the company. The partnership has to work financially and contractually, but it is also essential that a partner’s areas of strength and weakness are known and that an assessment is made of what actions would be needed to achieve an appropriate level of operational fit between the cultures of the two organisations. To meet the market needs effectively and in a sustained way, the business partnership must be based on a systematic and transparent agreement between the client and the partners (common values). That agreement provides the basis for a partnership deal and has to be sufficiently strong to engage the sustained commitment of both parties but also sufficiently flexible to enable the partnership to be responsive to changes in market needs and conditions. Being at the forefront partners are an extension of the company capability, image and valu es perceived by the consumer, therefore, complement the company by increasing the value to customers. For instance, Sony is an international and reputed company for its high standards range of TVs. Today, within the UK market, Sony position itself as a seller of durable and high end products by practicing a selective distribution. Their products are mostly found at Sony Centres (Sony own shop) or PC Currys World, exclusive partner (distributor) chosen by Sony well known in the market and sharing similar values such as expertise in the audiovisual area or guarantee of quality products and services. It reflects well a relevant and consistent image of the values conveyed by both organisations to the customers.

The First Generation Currency Crisis Model Finance Essay

The First Generation Currency Crisis Model Finance Essay Reinhart, 1999). A currency crisis is an episode in which the exchange rate depreciates substantially during a short period of time. The models in this literature are often categorized as first-, second- or third-generation. FIRST GENERATION CURRENCY CRISIS MODEL: The classic first-generation models are those of Krugman (1979) and Flood and Garber (1984). It is a model without uncertainty. It states that, traders speculate against fixed exchange rate in order to profit from an anticipated speculation. Speculative attacks in this framework are inevitable and respect an entirely rational market response to persistently confliction internal and external macroeconomic targets. In first-generation models the collapse of a fixed exchange rate regime is caused by unsustainable fiscal policy. A hallmark of first-generation models is that the government runs a persistent primary deficit. This deficit implies that the government must either deplete assets, such as foreign reserves, or borrow to finance the deficit. The key ingredients of a first-generation model are its assumptions regarding purchasing power parity (PPP), the government budget constraint, the timing of deficits, the money demand function, the governments rule for abandoning the fixed ex change rate, and the post-crisis monetary policy. Burnside, Eichenbaum and Rebelo argue that their model accounts for the main characteristics of the Asian currency crisis. This explanation of the Asian currency crisis stresses the link between future deficits and current movements in the exchange rate. In first-generation models the government follows an exogenous rule to decide when to abandon the fixed exchange rate regime. The things to note about this model of currency crisis are- The root cause of the crisis is poor government policy. The source of the upward trend in the shadow exchange rate is given by the increase in domestic credit. The crisis, though sudden, is a deterministic event: the crisis is inevitable given he policies and the timing is in principle predictable. The first generation currency crisis model seen to do no harm. In this model, there is no effect on output, but even a richer model will not generated a real economy slump in the aftermath of a first generation currency crisis model. The crisis determination is a future policy stances that investors foresee, not the one observed in the past. The importance of policy choice in deciding to quit the fixed exchange rate regime. There was no mechanical link between capital flight and abandonment of the peg. There was no obvious trend in long-run equilibrium exchange reate. There was no evidence of irresponsible policies in any of the country involved. SECOND GENERATION CURRENCY CRISIS MODEL: The logic of this model is the interactions between expectations, macro economic trade-offs and decisions. This class of model is characterized by multiple equilibria and the interactions between market expectations and policy outcome can lead to a self-fulfilling crises. As long as the peg is credible this is the price the government is willing to pay because there are political and/or long-run economic goals. In second-generation models the government maximizes an explicit objective function (Obstfeld, 1994). This maximization problem dictates if and when the government will abandon the fixed exchange rate regime. Second-generation models generally exhibit multiple equilibria so that speculative attacks can occur because of self-fulfilling expectations. It differs with the first generation models in- 1. No irresponsible policy. 2. No predictability of the crisis and 3. If the country leaves the peg, there is no negative impact on employment and output. Since the monetary policy constraint is removed and the result is positive in terms of short-run macroeconomics benefits. 2. MORAL HAZARD Moral hazard is a situation in which one party in a transaction has more information than another. The party that is insulated from risk generally has more information about its actions and intentions than the party paying for the negative consequences of the risk. Moral hazard arises because an individual or institution does not take the full consequences and responsibilities of its doings, and therefore has a tendency to act less carefully than it alternately would, leaving another party to hold some responsibility for the consequences of those actions. Moral hazard also arises in a principal-agent problem, where one party, called an agent, acts on behalf of another party, called the principal. EXPANDED GOVERNMENT GUARANTEES FOR BANK LIABILITIES: Government provision of a financial safety net for financial institutions has long been a key element of the policy response to crises and the current crisis is no exception. This particular crisis is fairly severe however, so governments have felt obliged to go beyond the usual support measures, moving to expand existing guarantees and to introduce new ones, in some cases quite markedly. Valuation problems are also complicit in the duration of the problems. These and other related actions (such as loss sharing arrangements for assets and capital injections) appeared to have avoided a further loss of confidence on the part of market participants, by raising the likelihood that retail depositors and other creditors would continue to provide a stable source of funding for banks, thus reducing the threat of insolvency of these entities. Thus, these actions have bought time, with limited if any upfront fiscal costs. Actually, just like financial guarantee insurance companies, the governm ent earns a small fee from the debt issuer for lending out its top credit rating. There are nonetheless potentially substantial costs associated with these measures. Even if guarantees do not generate significant upfront fiscal costs, they create large contingent fiscal liabilities, as well as other potential costs that may arise as a result of distortions of incentives and competition. In recognition of this situation, the discussions of financial safety net issues at the past CMF meeting concluded that, going forward, policy makers need to consider the issue of exit strategies from expanded guarantees. Another important issue related to the additional guarantees is their pricing. In this respect, the premise of the discussion in the present note is that potential distortions should be limited to the extent that government guarantees are priced appropriately. By contrast, distortions are more likely to arise where guarantees are offered at prices that appear to be substantially low er than market or some form of fair prices. It has long been known that financial intermediaries whose liabilities are guaranteed by the government pose a serious problem of moral hazard. The U.S. savings and loan debacle is the classic example: because depositors in thrifts were guaranteed by FSLIC, they had no incentive to police the lending of the institutions in which they placed their money; since the owners of thrifts did not need to put much of their own money at risk, they had every incentive to play a game of heads I win, tails the taxpayer loses. WORKING OF CIRCULAR PROCESS IN REVERSE TO CAUSE ASSET PRICES COLLAPSES The mechanism of crisis involved that same circular process in reverse: falling asset prices made the insolvency of intermediaries visible, forcing them to cease operations, leading to further asset deflation. This circularity, in turn, can explain both the remarkable severity of the crisis and the apparent vulnerability of the Asian economies to self-fulfilling crisis which in turn helps us understand the phenomenon of contagion between economies with few visible economic links. Asian economies experienced a noticeable boom-bust cycle not only in investment but also or even especially in asset prices. Presumably this reflected the fact that assets were in imperfectly elastic supply. The easiest way to do this is to imagine that the only available asset is land, which cannot be either created or destroyed. Again, let us initially consider a two-period model. In the first period investors bid for land, setting its price. In the second period they receive rents, which are uncertain at the time of bidding. But now suppose that there are financial intermediaries, once again able to borrow at the world interest rate (again normalized to zero) because they are perceived as being guaranteed. And also as before, we assume that owners need not put any of their own money at risk, but that competition among the intermediaries eliminates any expected economic profit. The result is obvious: intermediaries will be willing to bid on the land, based not on the expected value of future rent but on the Pangloss value in this case 100. So all land will end up owned by intermediaries, and the price of land will be double what it would be in an undistorted economy. 3. MORAL HAZARD CAUSE A DEADWEIGHT SOCIAL LOSS The phenomenon of undertaking risky and often corrupt loans and transactions, but knowing that if the gamble fails someone else (usually the state) will pick up the tab, is known as moral hazard. In the table 1, two alternative investments are available. One yields a known present value of $107 million; the other will yield $120 million if conditions are favorable, but only $80 million if they are not. The good state and the bad state are equally likely, so that the expected returns on this risky investment are $100 million. However, the owner of the financial intermediary knows that while he can capture the excess returns in the good state, he can walk away from the losses in the bad state. So if he chooses the safe investment he gains a sure 7; but if he chooses the risky investment he gains 20 in the good state, loses nothing in the bad state, for an expected gain of 10. Thus his incentive is to choose the risky investment, even though it has a lower expected return. And this distortion of investment decisions produces a deadweight social loss: the expected net return on the invested capital falls from $7 million to zero. 4,5, 6 7. DIFFERENCES BETWEEN THE EXPECTED VALUE OF LAND RENT AND ITS CORRESPONDING PENGLOSS VALUE. There is a two period model to explain land value. In the first period, investors bid for land and setting its price. In the second period they receive rents, which are uncertain at the time of bidding. The financial intermediaries will be willing to bid on the land, based not on the expected value of future rent but on the Pangloss value. So all land will end up owned by intermediaries, and the price of land will be double what it would be in an undistorted economy. In an undistorted economy we can solve backwards for the price. The expected rent in period 3, and therefore the price of land purchased at the end of period 2, is 50. The expected return on land purchased in period 1 is therefore the expected rent in period 2 (50) plus the expected price at which it can be sold (also 50), for a first-period price of 100. This is also, of course, the total expected rent over the two periods. Now suppose that intermediaries are in a position to borrow with guarantees. Again working backwa rd, at the end of period 2 they will be willing to pay the Pangloss value of third-period rent, 100. In period 1 they will be willing to pay the most they could hope to realize off a piece of land: the Pangloss rent in period 2, plus the Pangloss price of land at the end of that period. So the price of land with intermediation will be 200 in period 1 again, twice the undistorted price. It seems, then, that the multi-period version of the model, in which part of the return to investment depends on the future prices of assets, makes no real difference to the distortion of those prices imposed by guaranteed intermediaries. However, this result changes in a dramatic way once we allow for the possibility of changes in the financial regime that is, if we believe that moral hazard may be a sometime thing. 8. KRUGMANS MODEL JUSTIFICATION ON OCUURANCE OF SELF-FULFILLING FINANCIAL CRISIS Using a signalling approach-based EWS model, this paper has attempted to provide more empirical evidence on the causes of the 1997 Asian financial crisis, with a view to discriminating between the two hypotheses of weak fundamentals and investors panic. The results show that the overall composite leading index of the EWS model issued persistent warning signals prior to the 1997 crisis in not just a few, but all of the five countries most affected by the crisis. This finding appears not to square well with the investor panic, market overreaction and regional contagion postulate. Instead, it lends support to the hypothesis that weaknesses in economic and financial fundamentals in these countries triggered the crisis. First, in most countries under consideration, there were appreciations in the real exchange rate against both the US dollar and the basket currencies of their major trading partners. The real appreciations appeared to have contributed to the deteriorations in these countri es trade and current account positions. Second, there were apparent problems in the capital account, as indicated by persistent warning signals by the ratio of M2 to foreign reserves in the case of Indonesia, and the ratio of foreign liabilities to foreign assets of the banking sector in Indonesia, Malaysia, and Thailand. Third, there was strong evidence of excessive growth of domestic credit, particularly in Korea, Malaysia, Philippines, and Thailand. Last, there was also evidence of deteriorations in the real sector in most countries, and the burst of asset price bubbles, especially in Korea and Thailand. The fact that all these individual leading indicators issued warning signals prior to the 1997 Asian crisis indicates that they had reached the critical levels that historically had often triggered currency crises, lending further support to the weak fundamentals hypothesis. 9. EXPLANATION OF ASIAN CRISIS 1997 BY KRUGMANS MODEL The crucial point here is that capital is not so much interested in aggregate growth rates as sectorial profitabilitythus a growing economy might still experience declining profitability in certain sectors which in turn can scare off financial capital and possibly later productive capital. However, in East Asia, this would have meant hundreds of banks and finance houses being forced to shut downthreatening not only the financial system of Asia, but also institutions across the globe with which they have myriads of dealings. The credit crunch that followed led to massive layoffsthis is the classic paying for the crisis. The East Asian crisis does shed light on developments in the world economy which make it highly likely that similar crises will erupt in the future. Such developments relate to the deregulated nature of world financial markets, so that the triggering mechanism of a crisis may be financial (currency devaluations, runs on banks, etc) even though the ultimate origins lie in the real economy . This is not to deny that financial panics may also emanate in situations where there has been no significant deterioration in the real economyabove all on the profit rates. Hence when profits start to dip, or are likely to fall below expectation, a careful calculation needs to be madeeither stay with the gamble or move elsewhere. In regard to direct investment, the decision naturally cannot be acted upon with immediate effect, but in financial markets exiting from markets can be done almost instantaneouslyand this potentially accentuates the stampede and contagion. Evidence suggests that the origins of financial instability in East Asia do indeed reside within the real economyabove all in the falling returns on investment.

renewable energy :: essays research papers

Fuel Cell: Fuel cells have been known to science for 150 years and have become the subject of intense research since World War II. A fuel cell generates electricity by producing a chemical reaction. It consists of two electrodes (cathode and anode), which is also where the reaction occurs. Hydrogen is the basic fuel cell, but all fuel cells also require oxygen, and both are supplied from external reservoirs. Most of the hydrogen and oxygen used, combine to form a harmless byproduct, namely water. Therefore, fuel cells generate electricity with very little pollution. It is the purpose of the fuel cells to produce an electrical current that can be directed outside the cell to do work, such as powering light bulbs or an electric motor. There are five different fuel cells, solid oxide, alkali, proton exchange membrane (40-50% efficiency), phosphoric acid, and molten carbonate. Biomass Energy: This is one of the oldest sources of energy known to man. Biomass energy is energy from organic matter. The organic matter contains stored sunlight in the form of chemical energy. Biomass fuel, which can be a liquid, solid, or gas, comes from plants, residues from agriculture or forestry, and the organic component of municipal and industrial wastes. Even the fumes from the landfills can be used. When the fuel is burned, the energy is released. The use of this energy has potential to greatly reduce greenhouse gas emissions. The waste generates about the same amount of carbon dioxide as fossil fuels but as the plants grow (for biomass purposes), carbon dioxide will be removed from the atmosphere. This is the major source of energy in the developing world. Wind Energy: Surface air currents that are warmed by solar rays create wind, which is an indirect source of energy. Wind farms consist of many

Iphigenia, The Diary of a Young Lady Who Wrote Because She Was Bored Es

Expression and Repression in Parra’s Iphigenia, The Diary of a Young Lady Who Wrote Because She Was Bored Like Ruby, Iphigenia uses water imagery to dramatize her feelings and fantasies. But she also turns to the river to express her wants and desires because she cannot do so freely in her Venezuelan home. After the death of her father, Marà ­a Eugenia leaves Venezuela and her best friend Christina, to visit friends of the family in Paris. In Paris she experiences a sense of freedom that she has never known before, walking the streets alone, going to operas, and dressing as she pleases. But when she gets back to Caracas to live with her aunt and grandmother, she becomes bored, feels imprisoned, and finds out that her Uncle Eduardo stole her inheritance, leaving her penniless and completely dependent upon him. Her only recourse is to get married to a wealthy suitor. Unfortunately, Marà ­a Eugenia falls in love with Gabriel, who is not her family’s suitor of choice. Uncle Eduardo moves the family to the country and intercepts Gabriel’s letters to Marà ­a Eugenia. Soon Leal, a suitor to the family’s liking, whom Marà ­a Eugenia does not love, asks her to marry him and she accepts. A short time later, Marà ­a Eugenia’s uncle Pancho falls ill, and Gabriel, a doctor, comes to the house to tend to him. When they see each other again, Marà ­a Eugenia and Gabriel realize that they are both still in love, and he entreats her to run away with him, but Marà ­a Eugenia cannot summon the courage to accept his offer. Instead, she accepts the life that her family condones, sacrificing herself as Leal’s wife. In this story water is closely associated with Marà ­a Eugenia’s ability to express herself. She struggles throughout the novel to communicat... ...eal because of their influence. Splitting off from her family by going to Paris, confiding in and symbolically becoming the water, the green-world token, falling in love with Gabriel, the green-world lover, rebelling from her family, and engaging her unconscious bring her to the tip of self realization. But as a result of the influence of her family, Marà ­a Eugenia accepts her family’s expectations as her own, that which is contrary to the desires she expresses in the process of her transformational journey. In Pratt’s words, instead of growing up, Marà ­a Eugenia experiences a â€Å"growing down† in which the protagonist accepts â€Å"auxiliary or secondary personhood† instead of self realization (36, 168). Instead of accepting herself during the process of individuation she rejects her love for Gabriel and her desire for freedom to conform to the wishes of her family.

A+P vs Araby

Araby and A&P are both short stories, written by famous authors. Although they were written in different times, as well as in different countries, they have many similarities. These similarities can be found both in their contexts and their settings. Both stories are about young men, leading dull lives, and who go through a major change by the end of the story, while trying to get away from their lives. In both stories this change takes place while trying to please a female who triggers something inside them, causing them to act.Araby and A&P are stories of unsuccessful attempts to escape from ordinary lives, only in different ways. What catches the readers’ attention in both stories first, are the settings. In both stories the protagonists describe the neighborhoods and the daily life in the cities that they live in, in detail. While they make these descriptions, telling the reader about the neighborhood through their eyes, they also give information about their mindscapes, a nd we understand what they think of the places they live in. The boy in Araby uses many negative words while describing the setting. ‘‘†¦ ninhabited†¦ blind end†¦ detached†¦ imperturbable†¦ dark†¦ muddy ( pg 427)’’ That is how we empathize with him: being able to picture the dullness and the gloominess of that city in Ireland, and also its detachedness from other places. Similarly, Sammy in A&P describes the town he lives in by referring to everyone around him as sheep, vividly describing the distinction between the beach and his town, which causes us to again picture a small town with many mostly older people who lead uneventful lives, and a young boy who has lived there and worked in the same shop all his life. ‘†¦ all three of them went up to the cat-and-dog-food-breakfast-cereal-macaroni-rice-raisins-seasonings-spreads-spaghetti-soft drinks-crackers-and-cookies aisle. ’’(pg 865) In this way we know that both characters are not happy with the lives they are leading. They have no ambitions and nothing to hold on to. Everything they talk about sounds too simple. With nothing to hold on to, both characters are in search of something that will give them the courage to do something different, something that will spice up their lives.For the boy in Araby, the escape from his boring everyday life comes with his love for a girl. She is the only light in his dark life, his only source for joy. He devotes himself to this girl so much that she becomes a god-like figure. ‘‘The light from the lamp caught the white curve on her neck, lit up her hair that rested there and, falling, lit up the hand upon the railing. (pg 429)’’ The same thing happens to Sammy when the three girls in bathing suits come into the store that he is working at. The leading girl of the group, who he calls ‘Queeny’, is different from everyone he knows in the town.He is fascinated by her. ‘†¦ just her, this clean bare plane of the top of her chest down from the shoulder bones like a dented sheet of metal tilted in the light. I mean, it was more than pretty. (pg 865)’’ The girl is the long-awaited lights in Sammy’s life. Since they are fascinated by these girls so much, the boys can’t stand their being sad. The girl in Araby is sad because she is not able to go to a festival that she wants to go to, where as ‘Queenie’ is sad because she has been scolded in front of everyone by the manager of the market.The boys, finally having found something to fight for. They feel themselves as their saviors. The boy in Araby feels like it is his duty and responsibility to make the girl happy. ‘‘I imagined that I bore my chalice safely through a throng of foes. (pg 428)’’ In the same way, Sammy in A&P quits his job, thinking he is now the girl’s hero, who stood up against his boss to save he r from the embarassment. ‘‘So I say ‘I quit’ to Lengel quick enough for them to hear, hoping they’ll stop and watch me, their unsuspected hero. pg 868)’’ It is not long before both of them realize that it was not actually worth it, and that what they had imagined weren’t actually true. The boy realizes that he is not capable of doing what he was trying to do. He is too young to be buying a gift with the little money he has, from a big bazaar, and for a girl much older that he is. Sammy realizes that in reality he can not do anything else other than to be a cashier at a supermarket. They both understand that they were not actually who they thought they were.The boy in Araby was never going to be the lover of the girl he loved, and Sammy was never the girls’ hero. After these realizations they both find themselves in an emptiness, having suddenly lost the mission of their lives. The boy is angry with himself (I saw myself as a creature driven and derided by vanity; and my eyes burned with anguish and anger(pg 431)) and Sammy doesn’t know what to do next. ‘‘My stomach kind of fell as I felt how hard the world was going to be to me hereafter. (pg 869)’’ But they both know it is going to be

Palm Inc – from handhelds to smart phones

From Handheld to smart phones. The pioneers of Palm Inc. Palm had been the leader in the market of hand-held computers with high market share and profitability as well as a brand name recognition level to which many other firms could only dream. Palm's brand has faded substantially and as of April 2010, the company was acquired by HP for $ 1 -B. Below , I have listed Palm Inch's list of errors that the organization made over Its life cycle and necessary recommendations. Error 1 . Palm Inc. Did not establish a great enough sense of urgency. Since Palm Inc. ‘s inception, no formal business strategy was designed and implemented.Based on the â€Å"Ecology Theory† Palm Inc. Entered the market as a r-Specialist and eventually transited as a K-generalist, by approaching different product markets. However, Palm Inc. Failed to be successful as a k-generalist due to operating with outdated skills and competencies. The company has failed to examine the market and competitive realit ies for potential crises and untapped opportunities. Palm's efforts stopped at the PDA product, while the competition has managed to find ways of implementing he Pad's features Into cell phones market. Error 2. Palm did not create a powerful enough gulden coalition.Based upon the â€Å"Institutional Theory† firms that do survive – they become legitimate In the eyes of the shareholders. Chances of survival increase by adopting the rules and codes of conduct found In the Institutional environment. Despite having started as the industry leader, Palm's development over the years did not look as rosy. Palm failed to get the shareholders, board of directors, senior management and even a customer representatives together to help them evolve a shared assessment of their company problems and opportunities, and create a minimum level of trust and communication.Error 3. Lack of vision. Palm had no clear vision – of what was the picture of the future that the company wanted to achieve ( product , customer target,etc). The company changed its name several times , and also changed its vision and strategy. From the case, we know there was no new product offerings during 2001 thru 2008. At the same time, other competitors Injected the marketplace with new Innovations, Palm gradually became a small and marginalia player In the Industry. The Innovation Is the basic power of the company,but Palm doesn't have the strong impetus. Demographic change.Customers and clients that are being targeted are ever changing. In earlier times, smart phones were necessary for business members who would need to keep up with e-mail. However, these days there is the prevalence of a much younger generation using smart phones for a variety of reasons (social networking, picture taking, communication etc. ). Palm Inc. Must adapt with these changes and keep up with the demographic changes of its relevant customers. Palm Inc. Needs to create a Sino to direct the change and effort bu t also to develop strategies for realizing that vision.It Is essential that the organization communicate the vision both inside the company as well as with their partners. Error 4. Under communicating the vision help If they believe that useful change Is possible. Without credible communication the hearts and minds are never captured. It is imperative that Palm Inc. Established Also ,employees and managers from all levels of the organization adopt the change. In 2001 Palm Inc. Initiated a radical internal restructuring and decided to reduce the cost base making the first-ever layoffs.Microsoft had reduced staff during the technology recession too , but they made more research money available for developing mobile software – But Palm Inc. Failed this aspect. Error 5. Not removing obstacles to the new vision. Palm Inc needed to empower other to act on the vision by creating a value proposition for employees. In 2001 Palm Inc. Initiated an internal restructuring by separating th e hardware and software divisions into two distinct units. The split resolved the inherent conflict of interest by licensing software or its win competitors in the hardware market.The hardware innovations were features that could be added to the phones and music players. Palm spent too much cash to develop the new SO and new smart phone. And the marketing capitalization is much shorter than the competitor. This situation causes Palm to not balance the money within each department. So the whole company can't run efficiently. For example, Palm can't self-finance marketing campaigns and in-store training of sale staff. In 2003 Pal Inc. Decided to spin off the software business and to use the raised cash to rather invest into the development of new smoothness.Palm Inc. Could have saved time and money by completely focusing on smart phones. Palm can't bring up the effective marketing strategy. The price of a new phone is more expensive than the ‘phone. The competitiveness is tiny t han other brands. After failing to seizing the market with new phone, Palm made an â€Å"attractive† product bundle on its phone. That turns out to be stressful to Palm. Failure of negotiation ability. Nevertheless Palm's new product was delayed because of certification issues with the carrier. At the same mime, Palm has a conflict with the dealer. Error 6.Plan for and create short term goals. In 2001 Palm Inc. Initiated an internal restructuring by separating the hardware and software divisions into two distinct units. The spiff produced good short-term results and due to high quality the software was used in phones for some time. In 2004 Palmate devoted more resources to smoothness and expanded Tree Family . The new Tree series was relatively successful with good margins. Error 7. Declaring victory too soon. After a few years of hard work, managers got tempted to Clare victory with the first clear performance improvement.Palm had a huge success in 2006, with the Tree series . Tree smart phones let Palm earned 30 percent of market share in the United States and brought Palm back to life. Having this success experience, Palm could have used this experience to bring out more great ideas and make them come true. However, between 2007 and 2009 new Palm product launches were rare, while the demand for the Tree and Centre fell quickly or never took off as expected. Error 8. Not anchoring changes in the corporation's culture.Until new behaviors are rooted in social norms and shared values, they are subject to degradation as soon as the pressure for change is removed. In order to overcome this issue many organizations need to invest in leadership development and succession plans consistent with the new approach. Recommendations : 1 . Apply R skills in new areas and diversify Palm's business : operating system know how could have been ported to other applications and platforms. E. G. : Possibility to enter new related businesses with high market growth rates: Ta blets, Notebooks. 2.Overcome entry barriers in the smartened market: increase the negotiation power by teaming up with major players like Samsung. 3. Limiting their development and costs by encouraging the open source development community to develop applications. 4. Entering other market segments by making use of Palm's â€Å"know how' by starting to develop commercial applications for other smartened operating systems. Fill smaller niches in the smartened market with respect to general environment forces: Coloratura and Political and Legal Forces: Smartened operating systems with high data regulations for users with sensitive data.As the fear of theft of personal information's or sensitive data is rising in certain groups of society (e. G. Decision makers like politicians and managers). Demographic Forces: Senior Friendly Smoothness for aging societies with health or special care features. Remote GAPS tracking, monitoring and streaming of health parameters to doctors and relative s. Global Forces: Provide a low-cost operating system which runs on cost effective hardware for the growing low income population of the world (Reverse Innovation). 5. Invest in leadership development and succession plans consistent with the new strategy.