Thursday, August 27, 2020

Free College Admissions Essays: Try, try again! :: College Admissions Essays

Attempt, attempt once more!   Messed up, demoralized and covered with mud, I sat on the walkway rambling while the tears dribbled down my knee. As I viewed the salty beads stream down my shabby leg and merge with the blood red driblets overflowing from my worn out shins, I felt a specific overpowering sentiment of vulnerability, of destruction. After an agreeable measure of time was spent floundering in self indulgence, my tenacious disposition capably marshaled the nerve to get back on my absolute first bike and give it another attempt. I was headed to vanquish one of my first colleagues with misfortune. Excellence and achievement isn't accomplished in flawlessness however in realizing you attempted your best. This is unquestionably the most impressive ethicalness that I've developed consistently. From figuring out how to stroll to figuring out how to drive and all the hindrances that I looked in the middle of I was consistently ready to utilize this proverb and trust that confidence in it would get me through whatever challenge I confronted. As a blameless, brilliant slip of a young lady I set out on my initial steps of life. I fell, and fell again until my base was wounded, I'm certain. In any case, I never surrendered, and was fully operational around instantly! I was prepared for greater and better things. In a little while it was the ideal opportunity for school. This, by a long shot, has been the most testing attempt middle the years. Regardless of what I generally gave it my everything and figured out how to stay a high distinctions understudy all through a lion's share of my scholarly profession until I was confronted with a considerably bigger task...high school. With issues creating in the family I turned out to be staggeringly pulled back and shockingly, apathetic. By my lesser year I was feeling so overpowered that, generally, I gave up to disappointment. I scarcely had the aspiration to go to class not to mention do well in my classes. I was tolerating rout and low evaluation s at that. At that point, at some point, an instructor said something to me that evoked idea, a second gander at my circumstance. While remaining after school, my English educator stated, Jessica, you're an exceptionally shrewd young lady, and you can accomplish a lot higher evaluations, however you aren't attempting which is miserable in light of the fact that there are kids that make a decent attempt and can't procure the evaluations that you're so able to do.

Saturday, August 22, 2020

10 Exploratory Essay Topics on Earthquake Prediction

10 Exploratory Essay Topics on Earthquake Prediction You have been approached to compose an exploratory exposition on whether seismic tremors are unsurprising or not. Despite the fact that you have more than 15 sites open in your window for reference, you can’t appear to uncover anything significant. Fret not, today is your day of reckoning since we are going talk about a broad three-section manage regarding the matter. In this segment, you’ll discover ten useful realities on seismic tremor expectation while the following segment is titled 20 subjects on quake forecast for an exploratory article, will assist you with choosing a decent theme. There’s additionally an example article on one of those subjects lastly, the third piece of this guide talks about how to compose the paper itself. We guarantee experiencing this guide, your exploratory paper will be uncommon and assist you with getting full credit. Here are 10 realities on seismic tremor expectation for an exploratory article:    To this day, there hasn’t been a framework that can foresee a seismic tremor, enormous or little, with 100% exactness. Again and again expectations have been marked bogus alerts. The bogus caution mark has made it hard to separate a specific recognition framework that shows constant and exact expectations as opposed to those depending on possibility or evaluations.    The components paving the way to a quake are multidimensional. In this manner, it is imperative to factor in space, greatness and time-related parts of the seismic tremor. It is imperative to think of estimates that depend on a probabilistic examination in view of the vulnerability in expectation parameters. It isn't attainable that the expectations are deterministic; the gauge of seismicity ought to be founded on factual investigation. Regardless of whether the figure is deterministic, it is significant that its assessment ought to be factual to expel any prospects of occurrence.    One significant parameter that should be considered during a tremor gauge is the central instrument. As indicated by a US Geological review by Dziewonski, Ekstrom Salganik done in 1996, the Forecasts of cutting edge quake classifying ought to incorporate data gathered from seismic second tensor reversals. Central systems alongside time-space-size are on the whole significant parameters of a seismic tremor. Through them, we can ascertain low-recurrence seismograms or static misshapening of an occasion.    Among all the proposed strategies for the forecast of quakes, there is an absence of quantitative hypothesis, subsequently, they should all be considered as experimental techniques. A portion of these techniques are quake grouping, seismicity varieties, changes in seismic speeds, bizarre creature conduct, preliminary strain, hydrological signs, and varieties in geochemical and electromagnetic signs. One of these techniques can be viewed as a quantitative estimating strategy, and that’s tremor bunching.    Quantitative strategies can anticipate seismic tremors undeniably more proficiently on the grounds that it’s a complex procedure. Worldwide structural gives us data about the strain amassing on plate limits, and through different geographical and geodetic strategies, structural twisting can be estimated. Another quantitative strategy is considering the low and state recurrence misshapening which happens in faraway fields because of seismic tremors through the direct versatility hypothesis, bringing about the expectation of quakes, since we can examine the aggregated strain of quake.    Earthquake expectations are accomplished for a couple of months, a year to 10 years or past 10 years. These timescales rely upon the tremor alleviation measures or the method utilized. Seismicity has an invariant scale, that’s why it’s unrealistic to characterize a constant transient component size of tremors. There are, be that as it may, two physical scales; the first is associated with the proliferation of tremors and versatile waves and the subsequent one is about the speed of structural twisting. The principal scale contains seconds or tenths of seconds because of the central zone size and the zone of outrageous shaking, while the subsequent one includes decades or even millenniums on the grounds that it’s taken from the gathered strain for the most part discharged by the biggest seismic tremors.    Evaluation of seismic tremor expectations should likewise have a similar trial of invalid speculation in it with the goal that occurrences and chance based outcomes can be ignored. Fleeting bunching of seismicity and spatial varieties ought to be remembered for the invalid theory. It is a lot simpler to devise invalid speculation for extraordinary tremors on the grounds that their bunching is powerless for in any event two or three years. Along these lines, the Poisson procedure can on occasion take a shot at sake of invalid theory. Despite the fact that the spatial inhomogeneity of the focal point of tremor creates issues during the time spent assessment.    Computer recreations of tremors haven’t demonstrated to be of much assistance either. The computations of liquid elements can be cross-referenced with the real speed field. While mimicked manufactured tremors may index, it should be coordinated with the genuine one. The issue is the unconstrained idea of seismicity; the scientific estimations of quake event must be done in measurable terms. In the event that the PC is to display seismicity, it needs to have manufactured succession which has the equivalent measurable qualities of a genuine tremor as for reality. This is the place the genuine issue creates.    We now have the registering power and the capacity to figure mass computations of seismic second tensor. We can likewise screen the association of stress tensors with tremor. Late investigations have indicated that there is a connection among stress and tremors. Troubles have happened because of the interpretation into the plans of pressure amassing, quakes and stress tensors.  People expect that if the climate can be anticipated so can the seismic tremors, however there are a ton of contrasts. Seismic tremors are unbalanced regarding time and measure of foreshocks are entirely irrelevant. Since seismicity is unbalanced in nature, it is not the same as the progression of liquids which are violent; this is the reason forecast of tremors is more troublesome than the expectation of climate. These realities will essentially help you in beginning your exploration. There is simply so much that you can expound on regarding the matter of seismic tremor expectation. We can likewise comprehend if choosing a point is giving you an extreme time. Not to stress, the following part will without a doubt give you more data to go on. References: Quake Storms: The Fascinating History and Volatile Future of the San Andreas Fault. (2014). S.l.: Pegasus Books. Advances in Earthquake Prediction. (2008). Berlin: Springer-Verlag Berlin and Heidelberg GmbH KG. Quake Prediction with Radio Techniques. (2015). S.l.: John Wiley Sons (Asia) Pte. Quake Time Bombs (2015) Hough, S. E. (2010). Foreseeing the flighty: The turbulent study of seismic tremor forecast. Princeton: Princeton University Press. Kagan, Y. (2015). Quakes: Models, Statistics, Testable Forecasts. Chichester: Wiley Sons. Lomnitz, C. (1994). Essentials of tremor forecast. New York: John Wiley Sons.

Summation of “Desire Intoxicationâ€Plant Marijuana” Free Essays

Plants produce an assortment of synthetics for an assortment of reasons. Most regular is the creation of a poison to repulse creatures. The antiquated Chinese and conceivably different societies got mindful of the impact of cannabis by watching creatures that had eaten blossoms and seeds. We will compose a custom paper test on Summation of â€Å"Desire: Intoxicationâ€Plant: Marijuana† or on the other hand any comparative subject just for you Request Now Development for human utilize started untold hundreds of years back and plant was utilized for garments and fiber just as for the â€Å"high† created. Development in the U.S. is unlawful with uncommon special cases. The creator believes the illicitness of development to be an incredible motivation behind why not to develop it; he relates an account of how he dreaded being busted years prior when developing a few. He additionally invested energy in Amsterdam exploring this subject. Pot is legitimate in Amsterdam and it is the informal central station for pot cultivators. U.S. law disallowing developing pot coincidentally made cultivators â€Å"go indoor†. Cultivators before long found the distinction between cannabis sativa and cannabis indica; indica is simpler to develop. Producers before long grew profoundly strong strains, for example, Purple Haze, Northern Lights, Skunk #1. The thought is to develop and clone just female plants as the unpollinated blossom has the best strength. Indoor cultivators utilize high-pressure sodium and other intriguing lights and develop hydroponically. Benefits can be tremendous. There is a lot of conversation on the prominence of pot just as the impact on clients. The impact can be viewed as supernatural, strict, engaging, and so forth. Note is made that the late researcher Dr. Carl Sagan had expounded secretly on the ethics of pot. Most clients report more prominent mindfulness and improved spotlight on what is close by. The cerebrum makes a concoction (cannabinoid) for all intents and purposes indistinguishable from dynamic fixing THC; mind is extremely open to these synthetic compounds. There are issues with transient memory misfortune. End: people like inebriation and nurseries will give it. The most effective method to refer to Summation of â€Å"Desire: Intoxicationâ€Plant: Marijuana†, Papers

Friday, August 21, 2020

Enthalpy Change for a Specific Amount of Reactant

Enthalpy Change for a Specific Amount of Reactant Here is the manner by which to determineâ the change in enthalpy of a concoction response with a given measure of reactant.â You may wish to survey the laws of thermochemistry and endothermic and exothermic reactions​ before you start. Issue: For the decay of hydrogen peroxide, it is known that:H2O2(l) â†' H2O(l) 1/2 O2(g); ÎH - 98.2 kJUsing this data, decide ÎH for the reaction:2 H2O(l) O2(g) â†' 2 H2O2(l) Arrangement: When taking a gander at the subsequent condition, we see it is twofold the primary response and the other way. In the first place, alter the course of the first equation. When the heading of the response is changed, the sign on ÎH changes for the response H 2O2(l) â†' H2O(l) 1/2 O2(g); ÎH - 98.2 kJ becomes H2O(l) 1/2 O2(g) â†' H2O2(l); ÎH 98.2 kJ Second, duplicate this response by 2. When increasing a response by a steady, the ÎH is duplicated by the equivalent constant.2 H2O(l) O2(g) â†' 2 H2O2(l); ÎH 196.4 kJ Answer: ÎH 196.4 kJ for the response: 2 H2O(l) O2(g) â†' 2 H2O2(l)

5 Essentials Offline Marketing Strategies for Your Online Business

5 Essentials Offline Marketing Strategies for Your Online Business Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!5 Essentials Offline Marketing Strategies for Your Online BusinessUpdated On 07/10/2019Author : Pradeep KumarTopic : BusinessShort URL : https://hbb.me/2QDZzi9 CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogOnline marketing today has become the main channel for many businesses to reach their customers. The majority o internet-based businesses dedicate the lion’s share of marketing budgets to online promotions. However, there are still many traditional, offline marketing strategy that can be effective at building and supporting your online brand. You can also combine online and offline techniques to get the most out of your marketing. Let’s see the best offline marketing strategies that you can use for your online business.Networking Networking is one of the things you can’t ignore when you have a business. joining business associations, attending business workshops and exhibit ions would be a good opportunity to expand your business relationships. Don’t forget to hand out your name cards to make people memorize your business. It’s important mostly for those who have just launched a company. To look for relevant, industry-related events, use social media such as Facebook and Linkedin and dedicated websites that future upcoming business events. Put them on your calendar and start networking with like-minded entrepreneurs.Warm CallingMost of the big companies are having huge success by using a warm-calling strategy. Different from cold calls, warm calls can be done to the customers or clients that already know your brand, from participating one of the events that you held, or through digital channels like your social media or website. Get their feedback and ask why they didn’t feel like using your services before. Giving them a warm call feels more personal than sending out emails, and it also requires an instant response, which saves time more than em ail prospection. Warm calling is one of the ways to do market research, you can get information from the specific target audiences that you can adjust your business according to the information and data that you got from them.Give Your Customers a RewardMaintaining good relationships with your customers is one of the most important elements of your marketing. There are many options to give your customers a reward like giving them the loyalty cards or small printed merchandise which they can use daily or put somewhere on their belongings. Make sure you design a unique and interesting look for your merchandise, don’t make it boring, but create something interesting and appealing to your target audience. Here’s an example: if you have a fitness club, you can design stickers that represent different achievements (Congrats! You’ve worked out 3 days in a row!) that your clients can put in their fitness journals to keep track of their progress. You don’t need to worry if you don’ t have time to take care of this, you can easily print stickers online without going to a print shop. READVoIP Is the Future of any BusinessBillboard or Screen AdsThis type of ads placement is one of the best ways to make people that never browse the Internet to know about your business. Make sure you choose the right spot for your billboard or screen ads and adjust their content in accordance with the chosen placement. If you want to place it next to bus or train stations, you can increase the length of the text as people have more time to read your message. But if you decided to place your billboard along the highway or streets, you would only need to design a catchy as with a strong but short CTA. Community EventYou can adjust the event that you want to create based on your target audience. If you target teenagers or young adults, you can create an interesting event with local guest stars to drive high attendance and improve your brand recognition. If your business’ target is m ore mature, you can host an event in the neighborhood so it doesn’t require locals to spend a lot of time on the commute. Include as much practical information as you can when you held your own event. Either make them buy your product or charge some money so they can enter the event. Another way, you can give free entrance but they need to give their personal contact to you. After that, you can put their data to your prospect list. This would help you to do the warm call.Sponsor Community EventIf you don’t have enough resources or a big budget to hold your own event, you can join the upcoming event that you think will have a lot of attendees. Sponsoring the event will give you an opportunity to put your brand name and information on the event’s marketing materials. Besides putting your logo on their promotional tools, you can also make a game booth. There you can make people come to play and get the prize from it. There are numerous offline marketing strategies that you can us e to complement your online marketing. It’s important to focus on online efforts but doesn’t forget to be present in the real world. You never know what strategy works best on your potential prospects.

Friday, July 3, 2020

Three Reasons Why You Should Pledge to Study Without Technology

1. You Save Time For teachers and students, there’s a way in which September 1 is our January 1, as far as resolutions and new starts go. And once you get back to class, whether it’s college or high school you won’t have time to think about resolutions. So think about this over the last week of summer: How about making a pledge to study without electronic distraction when school starts? Why would anyone do that? Well: 1. You Save Time You may think that having your phone, messaging, FB, Twitter, Snapchat etc., etc., etc., on doesn’t affect your studying but that claim doesn’t make sense. Even if it only takes 30 seconds to hear the notification, open it, look at it, laugh or get upset, respond or forward it, if you do that 20 times (and studies say many high school and college-aged students are actually responding to many more messages and posts per hour) you lose that time. In addition to losing that time, you continue to lose time after each response because it takes time for your brain to pick up where you left off in your work—could be more than 20 minutes. Do it three times and that’s a whole hour! So that means you’re sitting at that desk longer—explain to me why you’d want to spend more time doing homework if you didn’t have to! Finish earlier and you can actually go somewhere. But you love social media? Fine, but wouldn’t pictures of yourself out doing something be better than posting endless tweets about how you’re stuck at your desk? And, if you’re of the age where your privileges depend on the adults in your life, don’t you think efficient use of your time and being seen to be head down, nose to the book whenever someone glances in is likely to get you more â€Å"yes† answers when you ask to go out? 2. Studies Suggest Your Concentration Improves You may think that the consequence of having your study time be hours longer in order to keep your precious precious phone on is worth it. And maybe you are lucky enough that you don’t have a part-time job or other commitments that limit your time so you can spend as much time as you want sitting at that desk. But there are other issues. Maybe you even don’t care that studies have shown that the more distracted you are the more errors you make. As a student, you are trying to learn something, usually something new and difficult. And you are not just memorizing things and spitting them back. You are learning concepts and paradigms—different ways that thinking is done. These are hard to get. Readings that present these ideas are dense. As you do more and more advanced work, you will begin to be asked to use these concepts and paradigms to produce original ideas and solutions—and that means you have to understand them to begin with. To get that depth of under standing and that ability and that creativity you need uninterrupted time where you are very very focused on learning. You are also teaching your brain to concentrate and reflect on learning in a way that will lead to the kinds of thoughts and ideas that don’t emerge as quick responses. This article suggests that reflection may be interrupted when we are constantly using the forms of social media. "†¦ as our technologies increase the intensity of stimulation and the flow of new things, we adapt to that pace,† Mr. Carr said. â€Å"We become less patient. When moments without stimulation arise, we start to feel panicked and don’t know what to do with them, because we’ve trained ourselves to expect this stimulation — new notifications and alerts and so on.† What this often translates to in the discourse of the internet is demand for immediate and perfunctory â€Å"hot takes† rather than carefully weighed judgments, whether they’re about serious or superficial matters. I am an English professor so my first thought is that reading a serious work of literature requires concentrated reading and then you need to think about it further with deep concentration, not in between notifications. But I can’t imagine that people inventing something like Mozilla or designing a building or writing a song are able to do these things while constantly responding to social media. The same is true for your writing, your creative work, your test-taking, your technological creativity as an engineer. You need to be able to think slowly, deeply and completely. 3. With Increased Focus, Work Becomes Pleasurable One of the benefits of the kind of deep focus that can only come when you work at a task and force yourself to really get into it is what psychologist Mihaly Csikszentmihalyi famously identified as achieving â€Å"flow.† Another term you may have heard is being â€Å"in the zone.† Flow is what happens when you are completely involved in what you are doing, when the thing you are doing is challenging, and when you are interested (or become interested) in the task. Csikszentmihalyi started out studying high level creative artists, but his work has been applied to us ordinary people as well, both children and adults. Maybe you’ve had the experience when you were writing a story, or drawing a picture, or practicing an athletic skill, or were mapping out some kind of plan or arranging a room, even. You were focused, you enjoyed what you were doing, it wasn’t easy but it was doable and time passed without you noticing-- â€Å"it’s X o’clock alread y!† Flow, psychologists now know, makes people happy. The more flow people experience, the happier they are. But how can I enjoy homework or studying, you might ask. I would say there are a lot ways to interpret enjoyment. Sometimes even when I am doing something like grading papers, which is not my favorite thing, I experience flow because I am so focused on doing something well and getting it done. This article on â€Å"mono-tasking† as opposed to â€Å"multi-tasking† explains why that might happen: staying on task and making progress while immersing yourself in the moment of your work can actually make work more pleasurable. Ways to stick to this resolution: Get over the FOMO:This is easier said than done, I realize, especially since, according to several recent books on social media, there is a demanding etiquette where not responding to a post within an insanely short amount of time is a diss. But you know what—checking and responding all the time is a diss to whomever you are with or whatever you are doing. Let me suggest thinking about it this way—you can’t live as constantly available to everyone you know who wants to post something forever. Practically speaking, that’s not something your your internship supervisor, your part-time pre-career boss, your future career boss, really, anyone who pays you, is going be cool with. Wouldn’t you be annoyed if you were paying someone per hour and this person spent 15 minutes of every hour on social media? Professors notice these things too. Recently I went to write a letter of recommendation for a student of whom I had very positive memories. I went back to m y grade book and reviewed my notes on him, expecting to be able to cite specific assignments and wow the graduate programs to which he was applying. He was, unfortunately, barely a B+ student. My notes reminded me that he was very bright and engaged, personable and ambitious to learn—yet entirely open to everything that came to his phone. Even after I spoke to him about it he couldn’t stop. And when he was distracted, he couldn’t function in class as he should have, and he missed things we said in class, and that affected his note-taking, his participation and his grades. I wrote as positive a letter as I could, emphasizing his best performances, and wishing that I could have said he was in the top 10% of student contribution to the class. I know, though, that nothing can hide what’s on the transcript—he could have had an A, but he let the phone get in his way. Being open to every notification may soothe your FOMO for the present moment but lead to much more serious MO in the future. Don’t want friends to take offense? Put up a notification that you’re going off the grid temporarily, then turn everything off. Post another when you come back on. Maybe you’ll be mocked. But I think others will be secretly if reluctantly impressed that you have the guts to take time for yourself and your activities, and people will get used to your â€Å"strange† habit after a while. It is the people who really have something to do who aren’t available to sit around clicking â€Å"like† or composing a perfect Instagram all day. Or even better—get a resolution buddy. Take a selfie together, put up a joint notification, turn off the phones and the computer notifications and study together to keep each other honest. Modify your plan:commit to studying without the Internet and phones for one particular class or for certain days of the week. Get support: Start a â€Å"No Interruptions† study group that runs for a certain amount of time where you all meet at the library, send notifications that you are off grid together, turn off your phones and put them in a box. Make the internet a tool, not a distraction: People did research for hundreds of years without the Internet. The problem isn’t looking up something, it’s getting distracted while you are doing it or seeing a notification when you switch to your browser. You could do the research you know you need first, and put it in a document for yourself before sitting down. You could drop brackets in your work containing a note to remind yourself to check the cite or fill in the exact number later. Frankly, if you had to get off your butt and look things up in books, that’s what you’d do. One last thing that might help you focus better in general: Get a watch for your wrist and a clock for your desk/for your off the grid study group. I can see students in my classrooms without clocks looking at their phones to get the time and then getting sucked into seeing what the messages are while I am handing out information important to the exams and papers that flies right past them. Are you interested in getting homework help from Pat? ; Read more tips from Pat in the blog posts below: Did I Read The Same Text Everyone Else Did?! 4 Essential Tips to Get the Most Out of Your Undergraduate Courses

Monday, May 25, 2020

Inequality in Social Classes - 1668 Words

Imagine living in a society full of equality, where everyone would have the same income, house, and social class, in other words a ‘perfect’ world, free of competition, greed, classes, and more importantly inequality. Unfortunately, living in classless society falls under the category of a utopia, as long as greed exists in the heart of society, inequality and the division between classes is not going to end. As Mary Douglas once stated, â€Å"Inequality can have a bad downside, but equality, for its part, sure does get in the way of coordination.† If in today’s society, social classes is more important than race and inequality is breeding more inequality, what effects is elevating the low income class going to have on our society and our way of living, will this further shorten the gap or perhaps break the balance between social classes? In Matthew O’Brien’s article, â€Å"RIP, American Dream? Why It’s So Hard for the Poor to Get Ahead Today,† published on June 2013 in The Atlantic, the author presents how today’s economy is based in more inequality and not equality, and how it has affected the economy’s mobility by further widening the social class gap between the people at the top incomes and the less fortunate at the lower income. Listing several issues such as the deregulation in Wall Street, globalization, and even marriage, the author illustrates how America’s top one percent has caused the widening of the economic gap between the top and the rest of society. For instance,Show MoreRelatedThe Inequality Of Social Classes982 Words   |  4 Pagesdiscrepancy is the iniquity in social classes. On September of 2011, Matt Wuerker a political cartoonist for Politico, published Kitchen Tables that highlighted the injustice in social classes. It is a cartoon that consis t of three different drawings of kitchen tables that Americans sit around: a luxurious upper class, an average middle class, and a deprived underclass. Wuerker used unequal proportion between each of the drawings size to represent the iniquity within social classes. He not only gave theRead MoreGap of Inequality Between Social Classes in the United States749 Words   |  3 PagesIn the article â€Å"Confronting Inequality†, Paul Krugman argues that the gap of inequality between social classes in the United States is growing because of self- interest. He cites a â€Å"movement conservative†, Irving Kristol, who claims income inequality is not important because there is social equality. Krugman uses Kristol’s statement as a starting position to state his own. Krugman describes the claim as being a â€Å"fantasy world† and not the â€Å"real America we live in† (Krugman 246). I agree with hisRead MoreHidden Curriculum and Processes Within Schools Pro duce Inequalities Between Children of Different Social Classes709 Words   |  3 PagesCurriculum and Processes Within Schools Produce Inequalities Between Children of Different Social Classes Through many different researches, it has been shown that working class students are underachieving compared to that of their middle class peers. Middle class pupils are obtaining better grades, and more of them are staying on in education past the compulsory age. The difference that is noticeable is that they are from different social class backgrounds, and therefore theyRead MoreSocial Inequalities And Social Class1150 Words   |  5 PagesSocial classes have been prominent in societies since the beginning of civilizations. These classes are shaped by the distribution of unequal opportunities amongst each division. Social classes can result from varying factors such as race, gender and wealth. Due to social classes, there comes social inequalities. Social inequalities are beneficial to people only at the top of the hierarchy. For those at the bottom, social inequalities has the opposite effect. Rather than the bottom of the hierarchyRead MoreThe Black Report1284 Words   |  6 PagesThe Black Report There are considerable health inequalities amongst Britain’s social classes. Health is formed by socio-economic, political and environmental factors; these elements shape inequalities and influence the health of various social groups in Britain. Health inequalities is the term used to describe the consistent recurring differences of the health complaints involving the social classes of Britain. These differences were first highlighted by Sir Douglas Black in a researchRead MoreFamily Inequality757 Words   |  4 PagesPeople often neglect to acknowledge the inequality present among them in society; however, inequality is a main contribution to the changes in American families whether or not people accept it as a fact. In â€Å"From Marriage Markets: How Inequality is Remaking the American Family† by June Carbone and Naomi Cahn, they explain how American families have changed due to inequality in the social classes of the economy. The authors discuss the plummeting rate of marriage, more children being born out of wedlockRead MoreAnalysis Of The Film Snowpiercer1655 Words   |  7 PagesSocial class—a division of society based on social and economic aspects—has been the foundation of The United Sta tes government and its policies. America’s society is heavily based on social class and the idea that social class is prevalent and important to have, in order for society to function. For hundreds and hundreds of years, America has operated under social and economic inequalities that greatly benefit the wealthiest and richest, but greatly devastate the poor. Thus just like America functionsRead MoreEssay on Class in Australia Today1059 Words   |  5 Pagessimplistic view on what classes are and the inequalities existing within; Marshall. Part 2, (2005: p1 p6). (p1) Broadly speaking, class is about economic and social inequality†¦ (p6) We have a tendency for groups of advanced people to congregate together, and groups of disadvantaged people to congregate so that inequalities persist from generation to generation. Marshall (2005) identifies that â€Å"financial inequality† is not the solitary cause of â€Å"social inequality†, but it is often relatedRead MoreSocial Class And Its Relevance1702 Words   |  7 Pagesbeen an ongoing debate about social class and its relevance in contemporary society. Marx’s social class theory was relating to man and his access to the means of production. He stated there are two classes the bourgeoisie, those who own the means of the production and the proletariat who only possess their labour power to sell ( Ollman, 1976). Pakulski and Waters argued that social is dead, due to changes in economic and social structures along with adaptions in social identity and belonging (1996)Read MoreThe Hunger Games By Max Weber1437 Words   |  6 Pages Social stratification is a concept used within sociology that explains the divisions and social inequalities of large groups of people within a particular society. The Hunger Games (2012) is a film that demonstrates this through amplifying how the power of the rich members in a polarised society are taking control of the poor and separating them in different districts which create specific social rankings. This essay will use the perspective of conflict theory to examine how Australian society is

Tuesday, May 19, 2020

Critical Analysis Of The Wound Dresser By Walt Whitman

In Walt Whitman’s poem, â€Å"The Wound Dresser,† the moments expressed throughout take place during the Civil War and are experienced by an old, devoted wound-dresser. The poem begins with the wound dresser having to make a choice on whether he should tell a group of children what he went through â€Å"or silently watch the dead† (17). Through the poem, the narrator captures the internal struggles he faces when dealing with a numerous amount of wounded soldiers day by day while at the same time trying to do his job. It is when the narrator is having these inner struggles that the poem distinctively uses punctuation and diction to fully capture unforgotten flashes imbedded in the mind of the narrator. The strong use of diction is a lot more†¦show more content†¦As the poem progresses, the narrator continues to use certain terms that overall portray what he went through. Not only is diction rather key to the poem, but so is the use of punctuation. In ord er to have a distinction between what the Wound Dresser experiences and what he’s thinking, the use of parenthesis becomes key. In the stanza previously chosen, the old man uses the parenthesis to not only show what he is thinking, but in this case almost warn himself and the listeners mentally of the story he is about to tell. Because the narrator is thinking that those who are about to listen to his story need to be â€Å"of strong heart,† there’s a hint of how much of an emotional ride recalling these memories will be (17). Although, the wound dresser isn’t using the parenthesis as strongly in the third stanza to show his internal struggles, he does so a lot more in the rest of the poem, particularly in the seventh stanza, which shows what a typical day for the Wound Dresser is. At the end of the seventh stanza, the narrator uses the parenthesis to state, â€Å"(Come sweet death! be persuaded O beautiful death! In mercy come quickly.) It becomes apparent that the use of parenthesis is used as to show thoughts because the wound dresser wouldn’t particularly announce something welcoming death while attending various patients on the verge of dying. Furthermore, the use of the exclamation mark reflects how defeated the narrator is after

Thursday, May 14, 2020

Symptoms And Symptoms Of Bipolar Disorder - 2326 Words

Elin Larsson Professor Faraji Psychology 25 Abnormal Psychology November 6th 2014 Article Assignment Bipolar disorder is a chronic mental illness, and is characterized by alternating between elevated moods such as mania or the milder condition hypomania and periods of depression. Bipolar disorder often shows during late teens or early adult years. At least half of all cases start before the age of 25. Some people experience symptoms during childhood, while others might develop symptoms late in life (Bipolar Disorder in Adults). The purpose of the study was to investigate if quetiapine monotheraphy is an effective medication in managing relapse or recurrence of critical elevations in mood and the tolerance level of quetiapine amongst†¦show more content†¦This was a case-control, which compared the subjects who have bipolar disorder with subjects who do not bipolar disorder but are otherwise alike, like same sex and age. The main focus of the comparison between the participants and the control subjects were weight, BMI and cognitive functioning as the study proceeded. The sub jects started with a period of 8 weeks where quetiapine was titrated against clinical symptoms with an increase of 50 mg per day to 800mg per day while other psychopharmaceutical drugs were halted. After the titration phase, subjects pursued to consume quetiapine at bedtime for a maximum of 40 weeks. Since this was a monotheraphy treatment, a maximum of 10 mg of the sleeping aid zopiclone, and the anti-anxiety medication clonazepam of 2 mg were permitted to be consumed per day. During the eight first weeks of the study period, visits were scheduled for the subject where the research psychiatrist assessed the patients according to Young Mania Rating Scale, Montgomery Asperg Depression Scale (MADRS), Clinical Global Impressions – Severity Scale (CGI-S), Clinical global Assessment scale (CGAS) and the Affective Morbidity Index (AMI). After eight weeks, study visits were scheduled for at least once a month during the course of the study where the same assessment procedures took p lace. Each patientShow MoreRelatedSymptoms And Symptoms Of Bipolar Disorder706 Words   |  3 PagesBipolar disorder is a serious mental illness that is characterized by changes in mood. It can lead to risky behavior, damage relationships and careers, and even suicidal outcomes if it’s not treated. Bipolar disorder is more common in older teenagers and young adults, it can affect children as young as 6. Women experience more periods of depression than men. More remains to be learned about this condition that affects millions of people. Aretaeus of Cappadocia began the process of detailingRead MoreSymptoms And Symptoms Of Bipolar Disorder1454 Words   |  6 PagesOne of the greatly investigated neurological disorders is Bipolar Disorder. Regrettably, due to social stigma, funding issues, and a lack of education, many who are dealing with this disorder do not receive adequate treatment. Bipolar disorder, is also known as manic-depressive illness, it is a brain disorder that causes unusual shifts in mood, energy, and the ability to carry out normal daily tasks. Symptoms of the disorder are severe and diverse from the normal ups and downs that everyone goesRead MoreBipolar Disorder : Symptoms And Symptoms1486 Words   |  6 Pagespeople may think that having bipolar disorder means that anyone with the disorder are just simply put, â€Å"crazy†, I was one of those people but the meanings of those two things couldn’t possibly be any more different. Bipolar disorder is defined as â€Å"A disorder ass ociated with episodes of mood swings ranging from depressive lows to manic highs.†(google.com) â€Å"Bipolar disorder is a chronic illness with recurring episodes of mania and depression†(nami.org). â€Å"The term â€Å"bipolar† — which means â€Å"two poles† signifyingRead MoreSymptoms And Symptoms Of Bipolar Disorder1020 Words   |  5 PagesBipolar disorder, formally known as ‘manic depression’, is known for its extreme mood swings; these can last anything from weeks to months and are far more extreme than moods most people would experience. Mood swings include episodes of highs and lows; these are known as mania and depressive episodes. Bipolar is a disorder that affects men and woman equally and affects around 1 in 100 adults. Symptoms usually start during or after adolescents and rarely start after the age of 40 (Royal CollegeRead MoreSymptoms And Symptoms Of Bipolar Disorder1648 Words   |  7 PagesBisecting Bipolar Disorde r Introduction and Background Overview 3.9% of adults in the United States are suffering from bipolar disorder as of 2014 according to the National Institute of Mental Health (Jann, 2014). Although rare, it is still a prevalent disease in the realm of mental health and requires special attention from healthcare providers. Bipolar disorder is a lifelong condition described by repeated manic or depressive episodes. Furthermore, due to the extreme mood swings and emotionalRead MoreSymptoms And Symptoms Of Bipolar Disorder Essay1278 Words   |  6 Pages1 HelenKeller541 Physiology October 26, 2016 Abstract: Bipolar Disorder Bipolar disorder is a mood disorder; also referred to as manic depressive disorder according to the Diagnostic and Statistical Manual of Mental Disorders (DSM-V, 2013). Bipolar disorder is a depressive disorder with manic episodes, it is placed between the chapters on schizophrenia spectrum and other psychotic disorders in recognition of their place as a bridge between the two diagnostics in terms of symptomology, family historyRead MoreBipolar Disorder : Symptoms And Symptoms Essay1384 Words   |  6 PagesBipolar disorder is simply defined as a manic depressive illness, which affects a persons mood and energy. However, the way it affects a person’s mood is dramatic and severe. These are severe moods are called episodes of mania and depression, which means a person who suffers from bipolar disorder might be extremely excited and happy one day, and extremely depressed the next day. In some cases, depressive or manic episodes last weeks, and in some cases these episodes last days. People who suffer fromRead MoreBipolar Disorder : Symptoms And Symptoms1493 Words   |  6 PagesRorman Ms. Chrisman English 10 30 November 2016 Bipolar Disorder If people don’t get enough sleep and miss a meeting, they are just upset, but for people with bipolar disorder, it can trigger another episode to their week. Bipolar Disorder is a brain disorder that can cause shifts in people s mood that are more unusual. Signs and symptoms can be different depending on if the person has manic or depressive episodes. A person with the disorder can also give their family and friends struggles, asideRead MoreBipolar Disorder : Symptoms And Symptoms1390 Words   |  6 Pagesresearch of bipolar disorder will not only describe in detail the symptoms and affects of this mood disorder, but it will also include the advantages, disadvantages of the treatment and medications, and the major role that medications take. Bipolar disorder involves periods of elevated or irritable mood (mania), alternating with episodes of depression (Moore and Jefferson, 2004). The â€Å"mood swings† of mania and depression are very sudden and can happen at anytime any place. Bipolar disorder is categorizedRead MoreSymptoms And Symptoms Of Bipolar Disorder1700 Words   |  7 PagesIntroduction Bipolar disorders, also known as manic depression, are mental disorders characterized by shifting moods between depression and mania (Bressert, 2016). Those with a bipolar disorder, have extreme emotional states called mood periods. In the United States, more than 10 million people have bipolar disorder (Kennedy, 2015). It is lifelong, but can be treated. Although it can easily be treated, once patients choose to stop taking their medication their symptoms worsen. Around 15 percent

Wednesday, May 6, 2020

Funeral Oration was a Great Speech Delivered to Honor...

All of us understand that as one of the greatest politician in the history, Pericles is on behalf of slave owners, the middle and lower people. Therefore, he attaches great importance to the value of people. Funeral Oration is a famous speech delivered by Pericles to honor the dead soldiers during the war against Sparta. In the speech, Pericles talks about the lives of the ancestors of the deceased and the deceased themselves. However, he seems to undermine the speech and urge that deeds are more significant than a mere speech. In addition, at the end, Pericles is not sure whether he has conveyed the speech in the right way. There are three reasons for Pericles to say that deeds are more important than speech at the beginning of the Funeral Oration. The first reason for his argument is the political system of Athens at that time is a democratic one which emphasizes the rights to rule the country should belong to the majority of citizens, not just a small group. In this sense, these s oldiers died for their country to win the battle so they deserve something more important than just some empty word. He also believes that speech is just mere words that the law of the country emphasized on and had no importance to the deceased or the ancestors of the deceased. The second reason for his argument is that Pericles wants to show people that the political system in Athens is not only equal to everyone but also rewarding if you do something good for your country. Through this,Show MoreRelatedHow Athenian Nature Is Delineated through Pericles Funeral Oration809 Words   |  4 PagesIn The History of the Peloponnesian War, Thucydides chronicles the events, battles, and democratic processes of the war between Athens and Sparta. Shortly after war broke out, Pericles delivered his funeral oration in honor of the courageous Athenians who already perished in battle. Through his funeral oration, Pericles reveals the true nature of Athenians. Ultimately, they were good nature d since all the citizens of Athens willingly and dutifully served their country, and ultimately the commonRead MoreFamous Speeches Of The Great Awakening3901 Words   |  16 Pages The first known recordings of eulogistic discourse emerged from the ancient Greek tradition, where the â€Å"funeral speech developed out of the formal laudation or commemoration of those who had fallen in battle for their country.† Some of the best examples of this type of eulogistic rhetoric include Cicero’s de Orator and Pericles Funeral oration. Stylistically the structure of these orations typically concentrated heavily on the mourning of the deceased and then transitioned into the celebration

Siomai Maker - 1097 Words

1.0 Executive Summary The Market The market for Siomai Making Machine is huge in the Philippines. The researcher has identified two distinct market segments that they will market their products to. The first segment is the DIY segment of individuals. The second segment is people that will utilize a semi-automatic machine to have the products made at their home. The Product Siomai Making Machine is introduced to the market, but has planned to mass produce for greater markets’ demand. Since it is semi-automatic, Siomai Making Machine can save the individual entrepreneur from 70%-90% of the total time and effort spent on making siomai. The Management Siomai Making Machine is invented by Mr. Rey Pauig (informations about the†¦show more content†¦The first segment is the DIY segment of individuals. The second segment is people that will utilize a semi-automatic machine to have the products made at their home. There are other companies that only sell ready-made siomai. Most of them sell their products as franchise. 4.1 Market Segmentation Siomai Making Machine has identified two market segments to target. DIY These people usually work from their home. They have entrepreneur skills and like to expand business for bigger customers. This segment has a variety of motivations for do-it-yourself work. One motivation is saving money. Another is the satisfaction of completing the product on their own. Some demographic information of this group includes: †¢ Age 26-56. †¢ Male/Female †¢ Married with at least one child at home. †¢ Household income ranges from 50,000-80,000php †¢ Has couple of regular customers Convenience This segment is looking for the advantages of a Siomai Making Machine without the challenge of exerting too much time and effort. They appreciate the value of the machine. This group recognizes the environmental and/or economic benefits of Siomai Making Machine. Demographic information is as follows: †¢ Ages 35-65. †¢ Married with at least one child at home. †¢ Household incomes of 65,000-100,000php †¢ 79% have an undergraduate degree. †¢ 27% have a graduate degree or post undergraduateShow MoreRelatedList of the Top Foodcart Franchising Business in the Philippines1759 Words   |  8 PagesFoodcart Franchise 83. Dipped Banana on Stick Franchise 84. Don Camote Foodcart Franchise 85. Doriyaki Twist Franchise 86. Egg Mess Express Franchise 87. Egg Moo Express Franchise 88. El Bonito’s Pizza Franchise 89. Emperor’s Siomai Foodcart Franchise 90. Ferino’s Bibingka Franchise 91. Filtrepreneur Franchise, Inc. 92. Five Spices Shabu-Shabu Foodcart Franchise 93. Float D’ Floating Ice Cream Franchise 94. Fresh Fruit Juice Foodcart Franchise 95. Fried Bites

Annotated Bibliography and Company Advertising or Online Review

Question: What do consumers believe more -company advertising or online reviews? Answer: Tarkan Remziye; the importance of creative advertising and marketing according to University student perspective. Advertising products and services by various companies inform consumers of the importance and value of the service or product they are selling. According to the author of this work, advertising is very critical in the current competitive market and creativity for customer attraction is very necessary. Some of the creativity the author mentions include proper market research, pricing, product conception and design, good advertising and distribution. However, Terkan illustrates that various challenges are encountered in the process of publicity and marketing of their products hence, companies should adjust strings to attract more consumers and increase their geographical coverage. From this context, we can be able to identify the preference of customers for products advertised by companies regarding the illustration given by the author. Oxera; Benefits of Online platforms The author talks about the importance of online platforms for advertising and reviewing products and services. Due to technological evolution, people are always interested in knowing the new product and what it comes. Active customer care experiences given online will lead to many liking a product or service of an organization compared to the silent comments about a product that is advertised by a company. This increases the reputation of one product of a company over the other. Businesses can make good use of these technological changes to make known their products. Tavor Tchai; Online Advertising development and their economic effectiveness The author mentions on the astounding events and modifications of the internet and technology. Many people have embraced its use and are part of their lifestyles. Online businesses have significantly improved over the years as a result of online marketing hence a preference for many. Online reviews provide faster access to information, in any geographical location and 24 hours a day. The author also illustrates that online advertisements are less intrusive, and conservative compared to banners and other forms of company announcements. This seems convenient by many consumers compared to business advertisements which may be are found in newspapers and billboards hence not suitable regarding availability, accessibility, and cost. This can show us that consumers prefer online reviews compared to company advertisements. Jozef Vladimir and Bartlomiej; Advertising Activity and Its Importance in Management On the Example of SMEs Enterprises The authors talk about various forms of advertisements used by companies and the characteristics with which the ads are embedded. Newspapers, radios, televisions, and banners are used, which are presently become less important to consumers due to the availability of all kind of information online. The adverts are said to be paid for, are costly which results in giving only brief information about the product, without providing finer details that may change the mind of a consumer. These can apparently lead us to the kind of media in which users will prefer. Celine ARCA social media marketing benefits for businesses: why and how should every company create and develop its social media sites? The author focuses on the benefits accrued from advertising their products on social media. Social media is ubiquitous and efficient for both the business and for the customers. The cost effectiveness and efficiency of using these sites has increased sales of their products hence the most preferred. The most commonly used sites, mentioned by the author include you tube, twitter, Facebook and blogs. References Terkan Remziye (2014); importance of creative advertising and marketing according to University student perspective. Oxera(October, 2015); Benefits of Online platforms. Tavor Tchai (2011); Online Advertising development and their economic effectiveness Jozef, Vladimir and Bartlomiej (2012); Advertising Activity and Its Importance in Management On the Example of SMEs Enterprises Celine ARCA (2012); Social Media Marketing Benefits for Businesses: Why and How Should Every Business Create and Develop Its Social Media Sites

Tuesday, May 5, 2020

Risk Management in Tourism - Events and Hospitality - myassignmenthelp

Question: Discuss about theRisk Management in Tourism, Events and Hospitality. Answer: Introduction This study provides a detailed analysis and description of the factors that might influence the level of risks associated with service industries such as tourism, events or hospitality industry. The risk management team of such industries develop appropriate risk management strategies to cope with the emerging risks and situations that may cause the threat to the general, personal as well as public safety. These industries hold a major position in the social, political and economical growth of a particular area or country. Thus, it is important to identify critically and analyse the factors causing a crisis and disaster situations as well as those that influence the level of risk or danger in these situations. Further, this study will help to go through the risk management and treatment options that can help reduce the level of risks that might occur in fields of tourism, events or hospitality industries. Factors that influence the level of risk at Tourism, Events and Hospitality Industry Tourism Industry Analysis Tourism plays one of the major roles for social and economical development. It is considered as one of the many leading driving forces of universal trade (Auer and Stone, 2014). The World Tourism Organization (2003) measures threats based on the security and safety of travellers, hosting groups, visitors and employees working in tourism from these following different sources: The Human and Institutional Environment factors: Common breaking of law (theft, assault, burglary, fraud, theft, pick pocketing, deception) Violence that are targeted and indiscriminate (rape, eve-teasing, harassment, etc.) Common organized criminalities (extortion, coercion, forced labour or slave trading etc) Terrorist attacks and unlawful actions, kidnapping, hijacking etc Political unrest, civil conflicts etc The scarcity of protection service facilities (Berk, 2015). Tourism and Other Related Services: Tourism Industry and other similar industries e.g. transport industry etc can endanger a visitors' personal safely and physical security or can harm them economically by: Inadequate standards for safety in tourism departments and establishments Lack of necessary defence against illicit actions, criminalities and negligency at tourism services. Fraud or deception in business transactions. Dissent with contractors. Disagreements among the employees in the industry (De Keukeleire, Descheemaeker and Reynders, 2015). Individual Travellers: According to Rashid and Robinson, Travellers might risk their personal safety in the following ways identified: Getting involved in dangerous activities or reckless driving etc Travelling with bad physical condition, and if health further deteriorates during travelling Creating conflict among neighbours with inappropriate behaviour and misconduct and violating state laws, engaging in unlawful activities. Performing unlawful activities (taking drugs etc) Travelling to unsafe places Missing personal belongings, money, important documents due to absent mindedness and carelessness. Physical and Environment Oriented Factors: The physical and environment oriented factors which influence risks of the travellers: The natural characteristics of the place or the general climate in the area does not suit the visitor They do not carry sufficient medical supplies for the trip. Carelessness in consuming eatables or drinkables while travelling thus violating personal hygiene. Travellers are exposed to various risky environments caused from physical and natural hazards and disasters. (Jangid et al. 2015). Factors that influence the level of risks at Events industry The governments and businesses are getting lots of opportunities, challenges and revenues from the events industry (Morgan, 2015). But the risk involved in such events is in constant growth. It reflects a wide variety of present-day courses as well as introduces new dangers. Cyber attack and crimes related to terrorism Environment menace Disasters caused by nature Technological glitch or mishaps Fluctuation of global power Economic threats and pandemic breakouts. Factors influencing level of risk in events industry It is possible to classify the risks involved in events industry into the following two categories Those which are man made in some way Those which are outside the scope of instant controlling i.e. the factors which cannot be handled directly or indirectly but they can decide the fate of the event whether it will be successful or a failure. Man-made factors: Minor technical glitch, e.g. power failures, disruption of machine or instruments etc can be of serious threat to the safely and security of workforces, audience or even the participants. Involvement of crimes such as fraud or theft can cause an event to be a major failure. Another set of risks that can be seen in this industry is cost overrun. Mainly large scale events or mega events involving greater infrastructure are more prone to cost overrun (Sto?rmer, Schmeiser and Maas, 2015). Factors which cannot be directly managed or prevented: There also exist a number of risks or threats which are beyond the scope of immediate control and management: The events industry has been a direct target for the terrorist attack in the past. There are a number of incidents in the history which supports the fact that there is chance terrorism might strike on the events planning or staging events industry. Natural disasters can also be a potential threat for the events industry (Campos-Soria, Marchante-Mera and Ropero-Garca). Earthquake, heavy flood or storm can be the cause of disruption of an event and might prevent it from executing successfully. Natural disasters have caused damage in the event industry in the past (Yang et al. 2014). Another factor that can influence the risk in event industry can be pandemic outbreaks or civil turmoil. Factors that influence the level of risks in Hospitality industry:- The hospitality industry is a sub division of the other broader category of industry which is the service industry. Within this industry there are a number of operations included. Few of them include hotel and restaurant industry, lodging, event planning and organising, theme parks, etc. A hospitality unit such as a restaurant, hotel, or an amusement park comprises of a number of units (Morgan, 2015). Factors influencing risks in hospitality industry:- Traditional risk factors: High costs of energy Threats of power failures or technical disruption Non-delivery or delayed delivery by outsourced partners or suppliers Theft, fraud, burglary or employee dishonesty Accidents and injuries of travellers due to illness, furthermore vandalism of personal property caused by carelessness of the customers Damage of property due to fire Breakdown of equipments The hospitality industry is exposed to various newly emerging risks which are not included in the chain of traditional risks. Traditional type of risks has direct impact on the customer service, food and beverage quality. But there are other slightly uncommon risks which are often overlooked in the industry (Jackson and Kwansa). Hotel managers and hospitality risk management teams but be aware of these types of threats by constant evaluation of their risk management strategies (Sto?rmer, Schmeiser and Maas, 2015). The hospitality industry risk managers have the threat of pandemic at the top of their minds. Aside from pandemics, the other risks that can threaten the hospitality industry are: Risks of property damage Risk in reputation Brand management risks Terrorism attack and political risk. Risk treatment option to manage crisis and disaster situation of a tourism industry, Hospitality Industry and Events Industry Risk Management options for Tourism Industry Crisis can be defined as a situation that has a long term negative effect on the operation of a business or products. Risk management can be referred to as a process which act as a guide to prepare the organization to recover from disasters. (Mathew et al. 2012) Crisis can be occurred in a tourism industry due to following facts- Poor establishment of a safety standard. Poor asepsis and disregard for environmental viability. Absence of defence against the activity which is unlawful activities and crime. Trickery in commercial transaction. Disagreement of contractor. Industrial conflict amongst the staff of the organization (Card, Ward and Clarkson, 2015).The process of crisis management in a tourism industry can be defined as identifying and assessing the disaster or risk to the organization and taking decision to recover from that crisis which should be logical as well as systematic (Frevert and Potter, 2011) The risk management treatment of a tourism industry should include the following- The management should care for the safety of visitors and also for employees of their organizations. They should develop a secure system which would be helpful in communicating with persons. The tourism industry should establish a security system for securing travellers and employees from disaster (Frevert and Potter, 2011). The management should train their employees to work efficiently during the recovery operations. They should supply sufficient resources to manage recovery operation. The industry should have procedure to get back to the normal business operation after disasters have happened. (Dionne, 2013) The process of crisis management of a tourism industry is described below- Communication and consultation This process is fundamental to the risk management. Appropriate communication ensures that the stakeholders are focussed and committed towards the process of tourism risk management. Monitoring and reviewing Establishment of context- In this step a framework is established for activities of risk management. In this some criteria are also developed in order to compare them to the risk. Identifying risk- It is defined as a systematic process where all the risks are identified which will be needed to manage. Analysing the risk- In this step the risks are analysed in order to find consequence of those risks. According to this analysis the criteria to recover from the risks are also developed. Evaluation of risk- In this process the risk is arranged according to their degree. Previous criteria for risk management will provide necessary information and depending on this current criteria have to be developed. Treatment of risk- In this step the industry assesses them to find out whether they have all the resources to implement the risk management criteria. After this process the risk management process is implemented (Frevert and Potter, 2011). Risk treatment option to manage Crisis and Disaster situation in an event industry: Event industries are responsible developing and creating large events like ceremonies, festivals, concerts etc (Gjerald and Lyngstad, 2015). The steps to be involved in the risk management of an event industry are described below- Identification of activities due to which risk can be occurred- In this step the activities in an event management industry which can cause risk is identified. Identification of risks which are associated with every activity- This step is to check whether or not any risk is associated with any activity which the event industry handles. Determining the chances of occurrence of disaster and the consequence of those disasters- This step determines the degree of severity of any risk. And also determines how they will affect the operation of the business Giving priority to the risks- In this step the management gives priority to the risks according to their degree of severity. Formulation and implementation of strategy for management of risk- There are some common strategy to manage risk like- avoidance of risk, retention of risk, transfer of risk, reduction of risk. Periodically reviewing and monitoring the risk- This is the last step in which the strategies which are adopted to recover from risk are reviewed and monitored periodically (Frevert and Potter, 2011). Risk treatment option to manage risk and disaster situations in a hospital industry: Risk management in any hospital industry is a complex process. It involves identification, assessment, and resolving risk in each area of the hospital industry. The role of risk management is a difficult process because it involves implementing new act to protect the patients and employee from risks and this process should be affordable for the industry (Mathew et al. 2012). The practices for managing risk in a hospital industry are described below- Assessing risk proactively The manager in the risk management department should assess the risk to identify the risk before it causes damages. The manager should also identify the risks that might be encountered in the operation of the business. Assessing risks help managers to make score upon the risks. They can also detect the frequency with which the risks can result from damages. Based on this assessment the managers can establish practices that would be beneficial to protect the industry from damages. Hardwiring practices for risk mitigation In order to be able to maintain an environment with low risk the manager needs to ensure that the practices which are adopted for risk mitigation are according to the standard policy. For better implementation of these practices the staffs and providers of the industry need to be educated and trained. They should provide alert in the health record to remind the staffs about the practices of the of risk management. Prioritizing of risk The manager of risk management department needs to prioritize the risk according to their degree of damage and frequency. It is a difficult task because it needs to assess and prioritize all actual risk and as well as risk which might be encountered in the business operation. Establishing a comfortable culture If all the responsibility belongs to only the manager of the industry, then this would be too much difficult for the manager to detect each and every risk associated with operation of the business. So the other staffs and providers also cooperate with the manager to find out the risk. People would feel comfortable if they can speak up about their problem which would be beneficial for the industry to detect the risk. For this the environment of the hospital industry need to be comfortable to all the members. Safety of patient is the main responsibility any hospital industry. So for this the members of the hospital industry need to make the patients and their family members feel easy so that they can easily speak up about their problem they are facing in the service provided by the hospital (Zhang, Morse and Li, 2015). Reference List Auer, J. and Stone, G. (2014). Routine angiographic surveillance for risk stratification in PCI-treated patients: fact or fiction?.European Heart Journal, 36(2), pp.71-74. Berk, K. (2015).Modeling and Forecasting Electricity Demand. Wiesbaden: Springer Fachmedien Wiesbaden. Card, A., Ward, J. and Clarkson, P. (2015). Rebalancing risk management-Part 2: The Active Risk Control (ARC) Toolkit.Journal of Healthcare Risk Management, 34(3), pp.4-17. De Keukeleire, S., Descheemaeker, P. and Reynders, M. (2015). Potential risk of misclassification HCV 2k/1b strains as HCV 2a/2c using VERSANT HCV Genotype 2.0 assay.Diagnostic Microbiology and Infectious Disease, 82(3), pp.201-202. Dionne, G. (2013). Risk Management: History, Definition, and Critique.Risk Management and Insurance Review, 16(2), pp.147-166. Dressel, K. (2015). Risk culture and crisis communication.International Journal of Risk Assessment and Management, 18(2), p.115. Frevert, D. and Potter, K. (2011).Watershed Management Conference 2010. Reston, Virginia: American Society of Civil Engineers. Frevert, D. and Potter, K. (2011).Watershed Management Conference 2010. Reston, Virginia: American Society of Civil Engineers. Gjerald, O. and Lyngstad, H. (2015). Service risk perceptions and risk management strategies in business-to-business tourism partnerships.Tourism Management Perspectives, 13, pp.7-17. Hall, J. (2010). Journal of Flood Risk Management.Journal of Flood Risk Management. Jangid, K., Doraiswamy, J., Varghese, S. and Malaiappan, S. (2015). Periodontitis as a Risk Factor for Cardiovascular Diseases- Hype or a Fact?.Journal of Cardiovascular Disease Research, 6(1), pp.24-27. Mathew, J., Ma, L., Tan, A., Weijnen, M. and Lee, J. (2012).Engineering Asset Management and Infrastructure Sustainability. London: Springer. Mathew, J., Ma, L., Tan, A., Weijnen, M. and Lee, J. (2012).Engineering Asset Management and Infrastructure Sustainability. London: Springer. Morgan, M. (2015). Our Knowledge of the World is Often Not Simple: Policymakers Should Not Duck that Fact, But Should Deal with It.Risk Analysis, 35(1), pp.19-20. Sto?rmer, T., Schmeiser, H. and Maas, P. (2015).Essays on Risk Differentiation and Price Transparency in the Insurer's Pricing Process. St. Gallen. Yang, L., Wang, H., Liang, X., Chen, T., Chen, W., Song, Y. and Wang, J. (2014). Bacteria in hernia sac: an important risk fact for surgical site infection after incarcerated hernia repair.Hernia, 19(2), pp.279-283. Zhang, D., Morse, S. and Li, B. (2015). Risk management of Chinese food companies; a management perspective.Journal of Risk Research, pp.1-17.

Friday, April 17, 2020

Sample Essay For College Entrance Exam

Sample Essay For College Entrance ExamThe problems of gender inequality in the US have been addressed through a number of efforts. One way is to use sample essays that are then used as review essays for students at various colleges and universities. These sample essays are the most commonly used samples because they are just so good, and they can give every student of every gender an opportunity to learn about gender inequality.College women have been very successful in recent years in achieving a higher education. The gender imbalance at many of the colleges and universities is attributable to the fact that there are more men who are applying to college than there are women. This has created a situation where women have to pay much more attention to college admissions, and they must make sure that they are not left out in the first round of the college admissions process.There are many ways in which a student can become aware of gender inequality in college, but it has to start in e lementary school. A sampling of gender inequality is helpful because it shows how gender inequity is ingrained in society and in institutions. These samples are free for anyone to download, and they can be used as reference materials for the college applications that students must write.There are many different samples that are available. These include some of the best essays ever written for college admissions. The essays that are used can help every student prepare themselves to write a better essay in the future.The American Educational Research Association, or AERA, has provided a tool that can be used to determine the prevalence of gender inequality at various colleges and universities. By filling out a small form with the college that a student wishes to apply to, the sample essay gender inequality can be obtained. This is an excellent tool that can show just how prevalent the problem of gender inequality is.The issue of gender inequality in the workforce is one that is gettin g attention from politicians and the media in order to prove that women should be able to handle the full-length essay that is required for college admissions. The sample essay gender inequality is a method that helps to show that gender disparity is not only a matter of when you are born, but also a matter of how you are treated. Those who are born to be discriminated against cannot win, because their educations will not be complete without the element of gender inequality.Students can fill out the sample essay gender inequality form and receive it as a PDF file. This is a very simple form that can be filled out online and submitted. The form requires the student to provide some information about their life before the submission of the form, but all of the questions that are asked will be included in the paper.The sample essay gender inequality is available at no cost to the student. If they provide the information on the form, they can provide a better essay in the future. In the meantime, the student can learn about the challenges and the inequalities that women face in society and in the workplace.

Saturday, April 11, 2020

Mercedes Benzs E-Biz Solution free essay sample

The fact that we would be one of the first car manufacturers in the United States to have a factory delivery program would be seen as a very positive thing in this regard. William Engelke, Assistant Manager, IT Systems, Mercedes Benz US International, commenting on the FDRS. Linking Customers By 2000, Mercedes Benz United States International (MBUSI), builder of the high-quality MClass sports utility vehicle (SUV), established itself as a company that also delivered superior customer services. One such service was the delivery option where by the customer could take delivery of the vehicle at the factory in Alabama, US. The program called the Factory Delivery Reservation System (FDRS), enabled MBUSI to create and validate 1800 orders per hour. FDRS also automatically generated material requirements and Bills of Material1 for 35,000 vehicles per hour. The Customer Relationship Management (CRM) solution that made FDRS possible was based on Lotus Domino2 and IBM Netfinity3 server4. Analysts felt that with its innovative use of the new program, MBUSI not only managed to improve its customer relations by providing the best service, but also demonstrated its commitment to customers by making them an integral part of the process. We will write a custom essay sample on Mercedes Benzs E-Biz Solution or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Customers were, in a way linked directly to the factory floor – which was a powerful sales tool. Background: Mbusi and its Business Challenges MBUSI was a wholly-owned subsidiary of DaimlerChrylser AG. 5 In 1993, Daimler Benz realized that the Benz brand could be extended to wider market segments. Traditionally, Mercedes Benz6 appealed to older and sophisticated customers only. Daimler Benz wanted to attract customers below 40 years of age, who wanted a rugged vehicle with all the safety and luxury features of a Mercedes. Daimler Benz decided to develop a SUV known as the M-Class. It expected strong demand for the new vehicle and therefore planned to build its first car-manufacturing facility – MBUSI – in the (Tuscaloosa, Alabama) US. The MBUSI facility had many advantages. First, labor costs in the US were almost half that of in Germany. Second, the US was the leading geographic market for SUVs. Third, as the vehicles were assembled in the US, they could be distributed to Canada and Mexico more efficiently. In January 1997, the factory started production at partial capacity and by the end of the year, it was producing at full capacity. By 2000, the factory was rolling out around 380 vehicles per day. The new M-Class „allactivityvehicle represented a new concept for the company. Also, mass customization required that each vehicle be treated as a separate project, with its own Bill of Material. To deal with these challenges, Daimler Benz decided to implement an enterprise wide Information Technology (IT) system, with the help of IBM Global Services7. To further strengthen the image of Mercedes Benz in the US, MBUSI planned to deliver vehicles at the factory, becoming the first international automobile manufacturer in the US to do so. MBUSI also wanted to enrich the customersexperience. Commented William Engelke, â€Å"The factory delivery option gives Mercedes-Benz customers something that they do not get from other automobile manufacturers which is why we think the program will resonate with our customers. We think that having the factory delivery program available to Mercedes customers adds to the overall experience of the customer. † The Design of FDRS The FDRS program was proposed in the first quarter of 1998. In the third quarter of 1998, MBUSI entered into a contract with IBM. A development team was constituted with IBM Global Solutions specialists and IBM e-commerce developers, who worked closely with MBUSI. The program became operational by the first quarter of 1999. The IT team at MBUSI had a clear set of functional specifications for FDRS. However, they relied on IBM to transform the concept into an e-business solution. The FDRS was designed in such a way that customers buying the M-Class SUV could specify that will take delivery of their new vehicle at the factory. They could place the order at any of the 355 Mercedes Benz dealers in the US. An authorized employee at the dealership entered the factory delivery order the web interface. Timing was the most important aspect of the FDRSfunctionality, as it was closely linked with MBUSIs vehicle production schedule. Mercedes Benz United States of America (MBUSA)8, based in Montvale, NJ, was the first link in the FDRS program. It was the point where the dealer actually placed the order. MBUSAs role was to coordinate the distribution of vehicles to dealers across the country. Later, it had to add the order to the companys Baan Enterprise Resource Planning (ERP)9system, which scheduled the order for production. About three months before the production date, the dealer could schedule in a window, the date and time of arrival of the customer at the factory for delivery. The window was then automatically computed by the FDRS to give the dealer, the possible delivery dates. Apart from the delivery date, the customer could also specify the accessories for the car and also request a factory tour. FDRS was based on Lotus Domino (Refer Exhibit I), Lotus Enterprise Integrator10 and IBM Netfinity servers. It also interfaced with IBM S/390 Parallel Enterprise Server, Model 9672-R45 located in Montvale, NJ (Refer Figure I). There were two Domino servers – an IBM Netfinity 5500 and an IBM Netfinity 3000. FIGURE I SYSTEM ARCHITECTURE OF FDRS Source: MBUSI The former that acted as the „internal Domino serverwas placed behind a firewall 11. It replicated databases through the firewall to the external server. The replication, which was encrypted, represented the primary means by which the FDRS system achieved security. Netfinity 3000 acted as an „external Domino server. It had public information and was also the primary communication linkage for dealers. The ack-end of the FDRS was equipped with an Oracle database that updated the internal Domino server database with order information. The updation was done using Lotus Enterprise Integrator. The data which was replicated to the internal Domino server included lists of valid dealers and lists of order numbers. When an order was placed by the dealer on the FDRS system, the data was first stored on the external Domino server, after which it w as replicated to the internal Domino server. Then it was replicated to the back-end database via the Lotus Enterprise Integrator. Data replication between the Lotus Notes servers happened every 15 minutes and data exchange with the back-end database three times per day. There was also a link between the back end database and an IBM S/39012 mainframe based system located at MBUSA via a T113 line. MBUSA managed the flow of vehicles to Mercedes dealers across the United States. This mainframe based system, received new vehicle orders (as opposed to factory delivery reservation requests) from individual dealers. The orders were then sent to MBUSIs Baan system and also to the back-end database. The vehicle ordering and factory reservation data were coordinated with each other when the back-end database uploaded the data to the internal Domino server. This coordinated the production and delivery information. FDRS Implementation One of the most challenging aspects of the implementation seemed to be the complexity of the Lotus and Domino scripts. The development team had to group all the information from diverse systems. Commented William Engelke, â€Å"There was a substantial amount of very complex coding involved in the FDRS solution. This application involves a lot more than having our dealers fill out a form and submitting it. There are many things the servers have to do for the system to function properly, such as looking at calendars and production schedules. We built a solution with some very advanced communication linkages. † IBM faced many technical challenges during the implementation of the program. One of them was the different timing schemes of the Lotus Notes databases and backend databases (ERP). This led to discrepancies in the data. Domino server was a Near Real Time (NRT) Server14, and MBUSIs backend activities were both real time15and batch processing16. Also, to get the best results, the Domino server was an optimised subset of the ERP table set17. However, the development team achieved a balance between the two „sidesof the solution by focusing on issues of timing, error detection schemes, and alerts. Customer Satisfaction: FDRS Primary Benefit MBUSI seemed to measure FDRSsuccess in terms of increased satisfaction of its customers. The company also believed that the marketing and customer satisfaction aspects outweighed the significance of more traditional cost-based benefits. Apart from the factory delivery experience, the program also offered the customer a factory tour and ride on the off-road course at a low cost. The company also seemed to gain strategic marketing benefits from the FDRS program, as it was able to establish Mercedes-Benz as a premium brand. (Refer Table I for advantages of FDRS in different areas). Customers could also visit the various tourist spots in Alabama after picking up their M-class vehicles. TABLE I ADVANTAGES OF THE FDRS PROGRAM AREA Strategic Marketing Benefits Cost Savings ADVANTAGES FDRS was expected to improve customer satisfaction and brand loyalty, as it enriched Mercedes customers experience. The program also strengthened the brand image of Mercedes in the US. Development of a web-based solution enabled MBUSI to offer the factory delivery program at substantially lower costs, due to less reliance on administrative personnel. â€Å"Package Marketing† the FDRS program with a ride to tourist sites, enhanced the image of Alabama as a tourist destination. The creation of a similar – albeit smaller – factory delivery system to the European Customer Delivery Center in Sindelfingen, Germany, reflected favorably on the MBUSI business unit. Source: MBUSI Regional Economic Development DaimlerChrysler AG Future of FDRS In 2000, MBUSI planned to leverage FDRSplatform by adding a range of other services. MBUSI built an advanced platform to create communication links to its suppliers. Through the link, MBUSI provided them feedback on the quality of supplies it received. The dealers and suppliers had a user-ID and password, which the system recognized. It then routed them into the appropriate stage of the FDRS. The company also planned to extend the innovative system to include transactional applications such as ordering materials and checking order status on the Web. The company expected that the new system based on FDRS, would be more cost-effective than the Electronic Data Interchange (EDI)18 system. ] Bill of Material keeps track of all raw materials, parts, and subassemblies used to create a finished product. 2] A product of IBM Corp. , Lotus Notes and Domino R5 are the industrys leading client/server combination for collaborative messaging and e-business solutions. 3] The IBM Netfinity server offers solutions for file-and-print and application computing needs. 4] A computer or de vice on a network that manages network resources. For example, a file server is a computer and storage device dedicated to storing files. Any user on the network can store files on the server. A print server is a computer that manages one or more printers, and a network server is a computer that manages network traffic. A database server is a computer system that processes database queries. 5] DaimlerChrysler AG was the result of a merger between two leading car manufacturers – Daimler Benz of Germany and Chrysler Corp. of the US in 1998. 6] A luxury brand of passenger cars, Sports Utility Vehicles from DaimlerChrysler. 7] IBM Global Services is the services and consultancy division of IBM Corp. that offers extensive ebusiness solutions. 8] MBUSA is the wholly owned US subsidiary of DaimlerChrylser. ] ERP attempts to integrate all departments and functions across a company onto a single computer system that can serve all those different departments particular needs. 10] A server-based data distribution product that enables data exchange between Lotus Domino and a number of host and relational applications. 11] A system designed to prevent unauthorized access to or f rom a private network. Firewalls can be implemented in both hardware and software. Firewalls are frequently used to prevent unauthorized Internet users from accessing private networks connected to the Internet, especially intranets. All messages entering or leaving the intranet pass through the firewall, which examines each message and blocks those that do not meet the specified security criteria. 12] The IBM S/390 servers offer direct high speed access to the e-business application and are used for Enterprise Computing. 13] A dedicated phone connection supporting data rates of 1. 544 Mbits per second. A T1 Line actually consists of 24 individual channels, each of which supports 64 Kbits per second. Each 64 Kbit per second channel can be configured to voice or data traffic. 14] The NRT Server System supports real time distribution of near-real time data. 5] Real time refers to events simulated by a computer at the same speed that they would occur in real life. 16] Executing a series of noninteractive jobs all at one time. The term dates back to the days when users entered programs on punch cards. They gave a batch of these programmed cards to the system operator, who fed them into the computer. Usually, batch jo bs are stored up during working hours and then executed whenever the computer is idle. Batch processing is particularly useful for operations that require the computer or a peripheral device for an extended period of time. Once a batch job begins, it continues until it is done or until an error occurs. Note that batch processing implies that there is no interaction with the user while the program is being executed. 17] The ERP tables are the database tables, (thousands of them), on which the package is built. The programmers and end users must set these tables to match their business processes. Each table has a decision „switchthat leads the software down one decision path or another. 18] EDI connects all the suppliers in and out of the US. www. icmrindia. org/free resources/casestudies/Mercedes Benz-ITSystems-Case Studies. htm

Tuesday, March 10, 2020

U.S. Debt Crisis Essay Example

U.S. Debt Crisis Essay Example U.S. Debt Crisis Essay U.S. Debt Crisis Essay Name: Course: Lecturer: Date: U.S. Debt Crisis As of September 2011, the US National debt was at almost $15 trillion. The national budget has grown tremendously over the years. Much of the spending in the national debt cannot be controlled. Social Security and Medicare and Medicaid account for more than 40% of the budget. The Medicare costs can be attributed to the fact that there is still a huge percentage of ‘baby boomers’ in the country. Medicare pays 80% of insurance for people who are older than sixty-five years old and for the disabled. Defense takes up 20% of the budget, and 19% goes to discretionary spending. Other mandatory spending by the government is at 12%. The total spending by the government is more than $3 trillion dollars while the receipts amount to about $2 trillion dollars. This budget deficit continues to add to the national debt. The government needs to cut spending and it can do this is by cutting down defense, and discretionary spending. Foreign investors have invested heavily in the US by buying bonds and other market securities. More than 30% of the government receipts come from foreign investors. China and Japan have are the main foreign investors in the US, with a share of 40% of the foreign investment. Most of the country’s money comes from Individual income taxes, which make up 42%. The government needs to find ways of increasing the country’s income. Most of the government money can be collected from taxes, tariffs and other fees collected from businesses. It is however, interesting to note that only 3% of income is collected from excise and only 9% of the country’s income come from corporate taxes. Whenever there is a deficit, the government usually borrows from the public. Intra government borrowing accounts for more than 40% of the government is borrowing. The government seems to be relying too much on the Social Security and Social Insurance, which contribute 40% of the country’s income. It is borrowing from the Social Security and Social Insurance because there is a surplus in this area. The country has not been paying off its national debt over the years. This is clear from the fact that the debt has continued to increase. Different presidents have had an effect on the American economy. Although there was significant growth of the economy when Reagan was president, the national debt also grew tremendously over this period, increasing to 159%. The people did not care much about the national debt since the economy was growing, and so they never asked or got involved. The debt also increased tremendously when Bush was president. This can be attributed to the fact that he allocated a lot of money for defense and security, and most of this money was borrowed. President Obama has also increased the budget deficit. He was faced with the 2008 financial meltdown, which had a huge impact on the economy. He has put forward several measures to try to resolve the crisis. The legislators seem to be more interested in fighting and campaigning rather than solving the debt crisis. T he debt will continue to increase if the relevant authorities do not do something to decrease it. The government cannot continue to get its income from borrowing and it needs to find ways through which it can increase its revenue. It cannot continue to depend on foreign lenders since this already makes a huge percentage of the country’s income. The best alternative for the country is reducing the amount it spends and increasing the revenue collected. The government cannot continue spending money it does not have. It needs to revise the Medicare and Medicaid programs and look for ways where it can cut some of the costs. Much of the money used in defense has gone to fighting terrorism. This is important for the country, but the government should consider ways of reducing these costs. The decision to move American troops from countries such as Iraq means that the government will spend less on them. The government should also consider raising the taxes progressively in such a way that the people do not feel burdened.

Saturday, February 22, 2020

The Knowledge Based Economy Essay Example | Topics and Well Written Essays - 250 words

The Knowledge Based Economy - Essay Example This will facilitate the transition of technological change into productivity gains that will ensure organizational changes and as such, raise flexibility (OECD, 1996). These changes shall be achieved through financial, information and competition changes. Using allocation, the government’s policy would be to upgrade the human capital. The policy would, for instance, provide a broad-based formal education. It will also handle creating incentives for organizations and people to take part in unceasing training and learning. Subsequently, through the policy, it will be easier for the government to match labor supply and demand by the skill requirements (OECD, 1996). Using distribution, the government’s policy would be to enhance knowledge diffusion. In this case, the policy will be geared towards supporting innovation so as to establish â€Å"diffusion-oriented† programs. The policy will lay out a clear framework for the collaborations and hence, promote the diffusi on of new technologies to various sectors in the economy. The policy will also be instrumental in facilitating the development of information infrastructures. All these approaches have both strengths and weaknesses. The use of all these policies will make it possible for the economy of a country to be knowledge-based. As such, it will benefit from all the advantages of a knowledge based economy. However, the policies require huge financial investments.  Using regulation, the government’s policy would be to promote organizational change.

Thursday, February 6, 2020

Titled Modern Portfolio Theory or Investment Management Essay

Titled Modern Portfolio Theory or Investment Management - Essay Example Thus, a portfolio may be defined as a combination of securities with varying risk and return characteristics which in turn contribute to the net worth of the investor. (Swisher, 2005) The topic of discussion in this paper is Modern Portfolio Theory or Investment Theory, which may be defined as the concepts that revolve around educating an investor regarding the steps that must be taken in order to develop a portfolio that will speak of rational choices and optimisation of financial resources. Before going any further, it is imperative to point out that investement brings a certain degree of speculation, especially in today's economic scenario where there has been a boom in the information transmission trends due to an increase in the number of people from various quarters flocking towards investing in portfolios. This paper will endeavor to study modern portfolio theory (MPT), in terms of its various elements like Markowitz diversification, the efficient frontier as well as concepts like the Capital Asset Pricing Model, better known as CAPM. The tools used in the course of application of these concepts include the Capital Market Line and the Security Market Line apart from alpha and beta coefficients which help measure mean, variance, risk and returns of the portfolio as a whole. To begin with, the paper will introduce the Modern Portfolio Theory as propounded by Harry Markowitz in the early 1950s, before moving on towards defining the elements like beta, risk and return that are concerned with the various concepts of Modern Portfolio like diversification and Capital Asset Pricing Model or CAPM. (Swisher, 2005) The intorduction of the key elements before discussing and analysing the actual concepts has been carried out so as to ensure that there is full understanding of the tools that will be used in the study of the Modern Portfolio Theory. The paper will progress through a series of headings that are relevant to introduce new topics. These topics are linked with each other through the tools like beta, risk, return, mean and variance, among others. There will illustrations in terms of formulae and diagrams for all sections of the paper. Markowitz and Modern Portfolio Theory Modern Portfolio Theory has come up a practical model for the measurement of the various trends affecting the portfolio market. As a body of concepts and tools, it is concerned with the identification of markets that have high return potential and those which have a heavy risk factor, so as to help the investor choose more wisely. At the same time, the modern portfolio theory also brings us face to face with the fact that it is equally concerned with varying combinations of assets to zero in on the favourable markets and customers. (Markowitz, 1952) Born in the year 1952, the modern portfolio theory was the brainchild of Harry Markowitz who recognised the need for a certain set of parameters within which the obvious diversification trends may be