Tuesday, August 25, 2020

Help in This Please *Urgent

3RTO Multiple Choice Test Section 1 3RTO: Resourcing Talent Question 1 Talent the board takes a gander at how an association utilizes the abilities of its workforce so as to keep up upper hand. Which of the regions recorded underneath would not be a piece of an ability the board program? Authority improvement Recruitment and determination Succession arranging Payroll handling Question 2 Talent the executives projects can help inspire staff and make them progressively gainful, which thusly benefits the association. One of the accompanying advantages is fanciful, which is it?Able to create aptitudes in light of a vocation way Organizations get good duty motivators for executing ability the board programs More inspiration as the business is supporting representative advancement The association can recognize aptitudes holes in the workforce Question 3 Internal work markets can frequently be the fundamental wellspring of future work prerequisites from inside an association. Which of comin g up next IS NOT a case of the utilization of an interior work advertise? Advancement in an association In-house progression arranging Company ability the executives plans HeadhuntingQuestion 4 External work markets give work arrangements/arrangements which are found from outside the association. From the rundown beneath select the case of the inward work advertise arrangement. Choice from a national pool of up-and-comers Redeployment Headhunting Relocation from another nation Question 5 One of the parts of enlistment recorded beneath is a case of an outside work showcase. Which right? The board progression In-house advancement Hiring by means of a nearby enlistment organization Job revolution Question 6 HR arranging is influenced by an assortment of variables, including those recorded below.However one of them isn't a factor in HR arranging †select which one this is. Representative Turnover Recruitment and choice Natural Wastage Payroll frameworks Question 7 Demand estimating analyzes what occasions may happen inside an association later on, yet among the four zones recorded beneath which isn't a case of interest determining? Scaling back Auditing Expansion Restructuring Question 8 Labor flexibly is influenced by an assortment of elements yet one of the models recorded underneath isn't a factor. Which right? Common wastage Skills blend of work flexibly Employment Levels InflationQuestion 9 Calculating representative turnover can be a helpful proportion of worker commitment and staff maintenance. One of the models recorded underneath doesn't shape some portion of the figuring referenced in your exercise manual †which right? Excusals Redundancy Retirement Redeployment Question 10 Which of coming up next IS NOT a cost from enlistment and determination? Enlistment preparing Advertising Interviewing time Annual Leave Question 11 Referring back to your exercise manual, one of the accompanying bits of enactment has no immediate importance to enrollment. Wh ich right? Sex Discrimination Act 1975 and 1986The Rehabilitation of Offenders Act, 1974 Health and Safety at Work Act 1974 Race Relations Act 1976 Question 12 Getting staff to take on additional obligations can be troublesome without motivators for them, regardless of whether they be budgetary or something else. From the accompanying rundown select which is certifiably not a positive impetus for a representative to acknowledge additional obligations. Further proficient advancement openings Some type of compensation or pay grant You are stressed over what your supervisor will consider you on the off chance that you don't acknowledge It is a piece of your CPD/evaluation goalsQuestion 13 Incentive plans are ordinarily comprised of monetary and non-money related prizes. Which of coming up next is a case of a non-budgetary prize? Execution related compensation Commission plans Flexible working hours End of month/quarter/year rewards Question 14 You would just be relied upon to explain o ne of the accompanying regions during a meeting †which right? Age Academic capabilities Religious convictions Marital Status Question 15 Which of coming up next IS NOT a phase one would expect inside the enrollment procedure? Short rundown/Short posting Long rundown/Long posting Telephone interviewOutplacement Question 16 Recruiters and bosses utilize an assortment of choice techniques to evaluate up-and-comers. Which of the accompanying would be a wrong way to evaluate a candidate’s aptitudes and capacities? Work introductions Interviewing Psychometric testing Religious convictions Question 17 The WASP talk with structure has four phases yet which of coming up next would one say one isn't of them? Welcome Assimilate Supply Part Question 18 Psychometric testing is a well known appraisal technique for bosses when selecting to another job. The following are measures that are a piece of it however one is inaccurate †which is it?Objective Standardized Valid Bias Questio n 19 Which of the accompanying would not shape some portion of an evaluation place? A possibility based meeting Written or oral tests In-plate practices Presentation practices Question 20 An employee’s work substance can be surveyed in an assortment of ways yet one of the models recorded beneath isn't one of them. Which right? Hands on perception Work journals Terms of the agreement of business Job/Work polls Question 21 Listed underneath are four purposes behind managers delivering an expected set of responsibilities, yet one isn't right. Select the INCORRECT statement.To have clear direction about what is anticipated from the person in their job It is a lawful necessity To use as a methods with which to execution oversee staff To help support PDP/advancement plans Question 22 Which of coming up next IS NOT data that you would hope to be remembered for an individual determination? Pay Academic necessities Skills and experience Which components of the job are basic or allurin g Question 23 Effective addressing during a meeting can help make an educated judgment about a candidate’s aptitudes and experience.Which of the models given beneath is a nonexistent addressing procedure? Open addressing Probing addressing Coercive addressing Reflective addressing Question 24 From the rundown underneath would you be able to choose which isn't a fitting methods with which to evaluate an applicant’s appropriateness for a position? Possibility Based inquiries Contact relatives for a reference Assessment focuses Obtaining references Question 25 Which of coming up next IS NOT one of the essential components of undivided attention? Appreciating Retaining Disregarding RespondingQuestion 26 Listening is said to have three unique levels engaged with it, yet one of the accompanying alternatives isn't one of them. Select the bogus level. Undivided attention Peripheral listening Staged listening Attentive listening Question 27 Non verbal correspondence can take an assortment of structures. Alluding back to your exercise manual, which of coming up next is a methods for non-verbal correspondence? Non-verbal communication Telephone calls Face to confront conversations Public talks Question 28 Employment references give data to associations to survey an up-and-comers reasonableness for a role.Below are recorded case of data you would hope to be remembered for a reference, with one special case †which right? Length of administration Job title List of obligations Personal Interests Question 29 Which of coming up next IS NOT a manner by which acceptance procedures can save money on costs? Less time other staff individuals need to go through on preparing inductees Less cash spent on having to continually re-enlist staff individuals It can help the new staff part comprehend the organisation’s culture and work rehearses all the more rapidly Developing HR Information Systems

Saturday, August 22, 2020

Target Express Expanding Strategy to Urban Markets, Customers Term Paper

Target Express Expanding Strategy to Urban Markets, Customers - Term Paper Example 10). Prevalent visitor administration is accomplished through the blend of an assortment of assets, for example, the utilization of visitor call catches, portable applications Target application and Cartwheel, vital arrangement of things on racks, sped up at checkout. The association of practically the entirety of the firm’s assets in improving visitor administration makes it hard for the contenders to emulate in light of the fact that they might not have the specific comparable assets as those accessible to Target Express. About the Target corporate culture, colleagues are utilized as the assets to make progress. The corporate culture is extraordinary and unmistakable from some other organizations. Since the corporate culture includes the representatives of Target and their devotion explicitly, it turns out to be exceptionally hard for contenders to impersonate the equivalent (Goldberg et al. 41). Further, the corporate culture includes a heap of assets which makes uniqueness and as such rendering it unsubstitutable. â€Å"The System† then again is made out of an assortment of assets, for example, gigantic databases used to store the client’s needs and a few PCs. The groups of assets utilized by The System and the linkages between them are uncommon. The System is matchless because of the immense measure of programming included, the groups of assets that are connected together, way reliance and the causal vagueness made in The System (Goldberg et al. 41). Considering Target Express’s want of venture into the urban markets, it is fundamental that center capabilities are either improved or gained/abused where already non-existent. Two of the center skills that require improvement/securing are examined as follows: There are plans to give store representatives iPod Touches, which will assist workers with keeping track of stock and in this way improve administration conveyance to the visitors. The clients may likewise utilize the contacts to

Saturday, August 8, 2020

Herpetophobia or Fear of Reptiles

Herpetophobia or Fear of Reptiles Phobias Types Print Herpetophobia and Its Treatment A Fear of Reptiles and Lizards By Lisa Fritscher Lisa Fritscher is a freelance writer and editor with a deep interest in phobias and other mental health topics. Learn about our editorial policy Lisa Fritscher Updated on June 24, 2019 Chris Cheadle / Getty Images More in Phobias Types Causes Symptoms and Diagnosis Treatment Herpetophobia is a fear of reptiles, specifically snakes and lizards. The severity of  this relatively common specific phobia  can vary drastically, making it difficult to decide without guidance from a mental health professional  whether you have a clinical phobia or simply a fear. Specific phobias are an irrational fear of a situation or object, and their boundless number is only limited by the number of nouns in any language. All types of phobia are a serious mental illness, known as an anxiety disorder, and affect 10 to 12 percent of people in the United States. The other two types of phobia are agoraphobia  and social phobia (social anxiety disorder). An Evolutionary Phobia There is a theory that herpetophobia, along with  arachnophobia (fear of spiders), is an evolutionary phobia. Theorists posit that our ancestors tended to fear animals, both vertebrates, and invertebrates, that could cause harm. So, the sheer number of venomous reptiles in the environment could have caused herpetophobia to develop over time. Herpetophobia Is Highly Personalized Herpetophobia is a very personalized phobia, meaning symptoms  can vary greatly from person to person. While you might only be afraid when touching a large snake, another sufferer might have a more severe case and cannot even look at photographs of small, harmless geckos. Your various symptoms of herpetophobia might include: Fear whenever you are in proximity to a reptile or even amphibianThe inability to shop in pet stores that offer reptiles for saleRefusal to go on hiking trips or other activities during which there is a chance of encountering a reptileOverreacting, such as screaming crying, shaking or hyperventilating, if you unexpectedly encounter the reptile of your fear Characteristics of a less severe phobia include being able to tolerate reptiles in the area, but panicking if you come into physical contact with one. Treatment for Herpetophobia A specific phobia only requires treatment if it interferes with your daily activities, including your job and personal relationships. If you think youre exhibiting symptoms of herpetophobia, consult a doctor or therapist to determine if its just an everyday fear or you meet the criteria for a clinical diagnosis. Therapeutic options include: Psychoanalysis, one-on-one talk therapySystematic desensitization, also known as graduated exposure therapy, may include Neuro-Linguistic Programming, virtual reality exposure therapy, eye movement desensitization, and reprocessingPsychoeducation to restructure your phobic thoughtsHypnotherapy With proper treatment, the vast majority of phobias are manageable or curable. Over time, however, untreated phobias can worsen and become life-limiting.   Systematic Desensitization Therapy Systematic  desensitization, based on the principles of cognitive-behavioral therapy,  can treat 90 percent of herpeto-phobics successfully. Depending on the severity of your case, according to Tom G. Stevens, Ph.D.,  a psychologist and professor emeritus at California University, you can guide yourself through the steps or seek the help of a mental health professional. This method takes various forms and is the common mode of treatment for the vast majority of specific phobia cases. It leaves the client in control and never terrorizes or causes discomfort to the person in treatment.

Saturday, May 23, 2020

Women s Rights Of Women - 1708 Words

It wasn’t until the early 1960’s when second wave feminism got its start. It focused primarily on mass social change and fought some of the oppression women were and still are facing today. It brought freedom for women in regards to their reproductive rights and sexuality amongst other things. Prior to this cultural shift, the women’s role in society was set. The image of the nuclear household dominated the time, and women were not only expected but in a way forced to become housewives and child bearers. The female Beats came in like a storm, being more interested in sex, drugs, and drinking. Because of sexism, and its undeniable grasp on American society, the male Beats were seen as outcasts, but the female beats suffered even more. The Beats, both males and females, were rebels for themselves. I believe that when they were writing at that time it was more for their own freedom and individual experience then other fellow Americans. Of course, that ended up not being the case, and today, over 60 years later American youth still read their works and feel powerful, inspired, and enlightened. I could write a massive essay of the importance of the female Beat writers as a whole, but today I find it important to focus on one who is still writing, still performing, and still inspiring today; Anne Waldman. Anne Waldman was born April 2, 1945 in a small town in New Jersey. She spent most of her time in New York’s Greenwich Village, a neighborhood known as an artist’s haven. HerShow MoreRelatedWomen s Rights Of Women Essay1455 Words   |  6 Pagesa myriad of women have expressed through outlets such as public assemblies, literature, and speeches. There have been three waves of the women’s movement, each targeting a variety of issues within each era. The third wave was in 1995, where Hillary Clinton spoke in Beijing, China, claiming that women’s rights were the same as human rights, that every aspiring girl deserved the civil liberties that every man was given around the world. Moreover, the movement had shifted towards women in developingRead MoreWomen s Rights Of Women1265 Words   |  6 Pagesstands in the way of women being equal to men? Journalist Carlin Flora suggests the following, â€Å"While not all claims to humanity are universal and no one context, culture or continent can truly represent all peoples, the following three examples from very different contexts, cultures and continents show that some violations of women’s human rights are universal. In particular, it is still the case the world over that a woman’s reproductive rights, which impact on her right to life, are still seenRead MoreWomen s Rights Of Women881 Words   |  4 PagesTwenty –first century ladies are discovering it a daunting task to keep up both sexual orientation parts as an aftereffect of the women s activist development. They are presently assuming liability for both the supplier and the n urturer, battling like never before to acquire and keep a superior personal satisfaction. Woman s rights has supported in equivalent vocation opportunity, battling to get ladies acknowledged into the employment advertise, and what initially began as ladies strengtheningRead MoreWomen s Rights Of Women Essay1647 Words   |  7 Pagesthe early 1920’s, women thought they had achieved the unachievable. They could finally work, keep their earned wages, marry whomever they please, and even vote. After reaching their goal and fighting vigorously, women could taste equality and the freedom they deserved. While women still have the right to work in today’s society, women are not exactly treated equal in the workplace. Regardless of the past and the extreme measures taken to ensure equal opportunities for both men and women, there are manyRead MoreWomen s Rights Of Women1590 Words   |  7 Pagesthe 1920s, women were ignored in every aspect of their life. From politics, to soc ial situations, women were constantly looked at as lesser. The 20s was a decade of women ready to fight for their rights. From gaining social freedoms, to getting political rights, the 20s was the first decade of feminism. Many women played key roles in the fight for women s rights through speeches, marches, and much more. The women that fought for their rights in the 1920s completely changed how women live their livesRead MoreWomen s Rights Of Women1230 Words   |  5 PagesWomen’s suffrage has stretched from the 1800’s to present day, as women have struggled to have the same civil and constitutional rights as men in politics and be appreciated as equals in the workforce. Groups of women known as suffragists questioned the customary views of women’s roles. Eventually our nation has evolved and realized that male-controlled societies suppress women’s rights. From the beginning steps taken in 1850 to 2013 with women earning combat roles in the military , women’s rolesRead MoreWomen s Rights Of Women1206 Words   |  5 Pagesto speak of women and the role of women in this election, the subject of women is tiresome but necessary in a world where gender is still existent as an obstacle for most. I cannot identify what woman is. I am basing my definition from our modern understanding of woman, our general view, and the popular experience. People are using younger women voting for Bernie Sanders as proof of gender’s irrelevant in this election, that women have achieved their rights. Even if women ‘have rights now’ it doesRead MoreWomen s Rights Of Women1393 Words   |  6 Pages Women all over the world are being treated different than men. Iran is one of the places that women are being treated the worst. From restrictions to punishments, women in Iran are being treated with no respect, and that is not okay. Women’s rights activists have tried to get it to change, and have traveled to many places to try and get more people to join their movement. There are many issues with women not having the same rights as men. One of the main problems is that they are treated lessRead MoreWomen s Rights Of Women1272 Words   |  6 PagesThroughout history, women have fought a strenuous battle for equal rights. Many men, and even some women, all over the world believe that women do not share the same value and importance to society as men do. On September 5, 1995, Hillary Clinton spoke at the 4th World Conference on Women, on behalf of women all over the world. Clinton raised awareness on how women s rights are being violated and why it is important to recognize women s rights as equal to everyone else’s rights. Even today, in 2016Read MoreWomen s Rights Of Women1052 Words   |  5 PagesThe family has traditionally been the basic unit of Chinese society where women have long been charged with upholding society s values in their roles as wives and mothers. Especially in the Qing Dynasty, women were required to balance society s i deals with the reality of raising a family and maintaining a household. Throughout the imperial period and into the beginning of the twentieth century, the relationship among family members was prescribed by Confucian teachings. The revered philosopher

Tuesday, May 12, 2020

Osama s Changes, For The Worst - 1246 Words

Osama’s Changes, for the Worst â€Å"We love death, the U.S. loves life. That is the difference between us two.† Osama bin Laden said this himself. This quote shows the hurt that Osama bin Laden wanted to cause us in the U.S. Whenever you think of people who have changed the world, you normally think of their changes being positive, not in his case. Unlike people such as Martin Luther King, Abraham Lincoln, Rosa Parks, Benjamin Franklin, etc, who have changed the U.S. for the better, he made us worse. Bin Laden made us scared, hurt, and unsure where to go from here. He has done a lot more than some may know. He is an evil man who did many evil things, he took the lives of the helpless, innocent, and clueless. America was not this way before.†¦show more content†¦Many people used to have greetings or goodbyes to friends and family at the boarding gate before boarding or un-boarding the plane, that is no longer allowed. Due to new regulations people have claimed from their travel experience that they have had to leave things behind with security such as, deodorant, shampoo, water, soda, fingernail clippers, etc, says (Hagler) New threats on the U.S. after 9/11, resulted in new procedures that included, requiring travelers to remove shoes and no longer allowing them to bring liquids on board. Also, racial profiling has become worse since the attack. Hagler says, â€Å"The Islam religion became a dirty word after 9/11.† There are anti-Muslim opinions and hate crimes that grew in the U.S. Places such as public events, and television have made it known what they now think of the Muslim Community. In America muslims began to be treated differently. They were watched more carefully, and arrested under suspicion only because of their race. In December 2002, up to 700 muslim men had been arrested. Costs of war website says that â€Å"Not a single one of these individuals were ever publicly charged with terrorism.† President Bush even said in January 2001, 8 months before the devastating attack, about racial profiling, â€Å"it’s wrong, and we will end it in America.† Next, 9/11 changed our morals. Andrea LeBlanc said this about the U.S. after the attacks, â€Å"Have we, as Americans,

Wednesday, May 6, 2020

Of Mice and Men Euthanasia Free Essays

Death is one of the things humans have to understand in order to be able to live through life. Being born, growing up, learning to survive, and earning a living, these are all the milestones into becoming a statistic. Like dying, mercy is a fortunate circumstance that a person has in any situation towards a variety of offenders. We will write a custom essay sample on Of Mice and Men: Euthanasia or any similar topic only for you Order Now Some say that mercy is a blessing resulting from a divine favor. In the story, â€Å"Of Mice and Men† by John Steinbeck, Lennie was euthanized by George, Lennie’s caretaker/ friend. I believe that George, as a friend, only killed Lennie in grand admiration of Lennie’s already ill-fated continuance, like Candy’s dog. In the world of â€Å"Of Mice and Men†, Candy’s dog represents the fate awaiting anyone who has outlived his or her purpose. Quotes from Carlson, a ranch-hand, reveals this saying, â€Å"†Whyn’t you get Candy to shoot his old dog and give him one of the pups to raise up? †, â€Å"I can smell that dog a mile away. †, â€Å"Got no teeth, damn near blind, can’t eat. Candy feeds him milk. He can’t chew nothing else†, and â€Å"He’s all stiff with rheumatism. He ain’t no good to you, Candy. An’ he ain’t no good to himself. † After this scene, Candy finally lets Carlson euthanize his dog. Both Lennie and Candy’s dog would suffer if they lived. Candy’s dog relates to the reason why Lennie was killed by George. Candy’s dog wasn’t in good health and Lennie killed Curly’s wife and would be in trouble with the law. Although Carlson promises to kill the dog painlessly, his insistence that the old animal must die supports a cruel natural law that the strong will dispose of the weak. Afterwards, Candy has regrets about the ordeal, and wishes he would have killed the dog himself instead. Like how Candy’s dog was euthanized, Lennie also was. He was killed with far greater compassion though. George loves his friend Lennie, whom he has looked after faithfully, and he doesn’t want Lennie to die horribly. He euthanized him out of love, therefore he is justified. Since Lennie unwittingly killed Curley’s wife, George knows that there is no way to save him now. Even if they do escape, Lennie will never be safe because he doesn’t know how to avoid getting into trouble. Furthermore, if Curley gets his hands on Lennie, he will make his revenge be slow, terrifying, and painful. Therefore, George knows that the only way to protect Lennie is to shoot him. Lennie’s puppy is one of several symbols that also represent the victory of the strong over the weak. Lennie kills the puppy accidentally, as he has killed many mice before, by virtue of his failure to recognize his own strength. When Curley’s wife screamed, he didn’t know how to make her stop, except by force. Evidence supports that George must save his friend by mercifully killing him. †Of Mice and Men† reflects upon many situations of mercy in many varieties. In this manner George is a divine favor over Lennie’s life bestowed upon him by Aunt Clara. As Lennie’s blessing, George had the god given right to distribute mercy upon his â€Å"other-half† in unfortunate circumstances. For this reason, Carlson and Curley represent the harsh conditions of a distinctly real world, a world in which the weak will always be vanquished by the strong and in which the rare, delicate bond between friends is not appropriately mourned because it is not understood. How to cite Of Mice and Men: Euthanasia, Papers

Friday, May 1, 2020

Financial Market And Investment Analysis Theoretical Validity - Empiri

Question: Discuss about the Case Study on Financial Market And Investment Analysis for Theoretical Validity, Empirical Intractability and Practical Applications? Answer: Introduction Carnival Corporation Plc is the British cruise company and it is one of the largest Cruise ship operators. It is a dual listed company. The company is composed of two separate companies one is Carnival Corporation and the other one is the Carnival Plc. It is the only company which is listed both on the FTSE 100 and SP 500 indices. In the year 2015 they have more than doubled income than the previous quarter as reported in their financial statement. The company is now operating in the most lucrative market like the market of UK where almost half of the cruises passengers are used the passengers ships. The performance of the share market for the last 10 years is not very much stable as in the year 2008 the share price were very low but from 2014 onwards the market is moving upward. UK yield curve The yield curve is the curve that provides a quick view of the relationship between the yield and the maturity of fixed interest bearing securities. As per several economists, there are different shapes of a yield curve depending upon the trend of the yield payment. Some important yield curve shape is discussed below, Normal yield curve This curve is generally an upward sloping curve. This yield curve represents that as the maturity period increases the demand for yield is also started to increase. Generally in a growing economy the shape of the yield curve is like this (Traficanti, 2014). Inverted yield curve This curve is just opposite to the normal yield curve. Here the yield for the shorter maturity bearing security is more than the long-term security. The shape of the curve is as follows: When the investors find a bearish trend in the market and have the opinion that the economy is going to crash in the near future then they want to lock their money in longer-term bonds and as a result the price of the long-term bonds are getting higher and the yield become low. Flat Yield Curve Flat yield curve represents whatever may be the maturity the yield from the investment is remaining the same. This curve indicates that the economy is under depressing trend, and the investors expect slow economic growth. So they want to tie up their money in the longer maturity investment. The Shape of the UK yield curve It is very difficult to predict the shape of the yield curve of any particular economy because the shape does not always match with the accurate shape given by the economists in their research. There is also exists the possibility of more than one yield curves as the economy is continuously changing. Here the UK Treasury yield curve for the year June 2014 is taken into consideration (Todorov, 2009). Explanation The above yield curve is based on the US Treasury security and the data is plotted on the UK gilt market. Here the data are plotted starting from 3 moths and ending in 30 years. The yield curve shows the following trends. Initially from the three months up to the 2nd year the curve is following a decreasing trend and looks like the inverted yield curve. May be at that point of time the investors were not confident about the market, and so they try to secure their money investing in higher maturity bond(Rzakhanov, 2012). On the other, after the 2nd year to the 30th year initially the curve is in growing trend as the percentage of yield is going up with the longer maturity period. After 10th year the trend of growth is stagnant. It shows that the economy is growing, but at this particular point the investors are indifferent about the growth so the shape is stable now but shape also suggests that in future the investors will be more confident about the market and will purchase more of long term bonds for book the profit. So from the above discussion it can be said that the UK yield curve is passing through three stages initially an inverted shape, then normal shape and at last the shape of the normal yield curve. (Ranganatham and Madhumathi, 2006). UK market risk premium Individual investor wants to invest in that market which yield a good return for them. Now if he is investing in a risk-free asset, then he will get an assured return. The risk premium is the extra return that an investor expects in order to take more risk. In UK market, the risk premium implies the additional return over and above the UK Treasury and gilt market. The risk premium in the UK market is calculated by the incorporation of CAPM method, Dividend discount model, Sharpe Index as well as on the basis of some historical data, etc. In this method, the cost of capital is calculated first and then it is multiplied by the market risk that is known as the beta (). The UK market is considered to an efficient market, and so the premium offered by the market is satisfactory for the investors. Any return over and above the calculated value is treated as the risk premium. All these concepts are relevant to the prevalent market economy of UK. If we analyze the data of UK economy, then it is observed that their personal income and international investment is in increasing direction. There is also an increase in the real and nominal GDP in 2014. All these indicate that there is a growing trend in the UK economy. So the incorporation of the above methods is very necessary for an economy like the UK. There should not be any single method for the valuation as each and every method has some advantages and disadvantages. Since 1928 to 2013 there are an increasing percentage of implied risk premiums of UK market. In 2013 the implied risk premium of UK market reached at 4.20% (Londonstockexchange.com, 2015). Estimation of market model Here evaluation is made on the basis of Carnival Corporation plc whose share listed in the London Stock Exchange. The benchmark index for the Carnival PLC sector is taken as FTAS The regression between FTAS and the Carnival PLC are as follows SUMMARY OUTPUT Regression Statistics Multiple R 0.497444 R Square 0.247451 Adjusted R Square 0.234476 Standard Error 0.015604 Observations 60 ANOVA df SS MS F Significance F Regression 1 0.004644 0.004644 19.07137 5.26E-05 Residual 58 0.014123 0.000243 Total 59 0.018767 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept -0.00043 0.002042 -0.20992 0.834463 -0.00452 0.003658 -0.00452 0.003658 X Variable 1 0.269999 0.061826 4.367078 5.26E-05 0.146241 0.393757 0.146241 0.393757 From the regression statistics the model is not properly fitted as the value of R square is less than 0.5, but the p value of the model signifies that it is less than 0.05 so the model is justified. The coefficient of the variables is 0.269999, but the intercept is negative. So it can be stated that there is a negative co relation between market return and the stock return (Annualreports.com, 2011). The entire model is not justified as valid as the F significance is 0.05. The R square is less than 30% so it is not a good estimator of beta. Estimation of the cost of equity capital The beta from the market regression model is 0.269999 The risk free rate of return (Rf) is 0.74 The market rate of return (Rm) is 0.000959335 The calculation is shown as follows: CAPM method Ra = Rf+ (Rm-Rf) [where Rf = Risk free rate of return, = market risk, Rm= expected rate of return, Ra = cost of the equity] Ra = 0.74+ 0.269999(0.000959335-0.74) Ra=0.350659 Cost of equity capital is 0.350659 iii) Valuation of share as per Dividend value Model From the annual report of the Carnival Corporation Plc following observation for the dividend payment is made: 2010 2011 2012 2013 2014 d-4 d-3 d-2 d-1 d0 0.40 1.00 1.50 1.00 1.00 The growth rate of the company is in fluctuating trend so the growth rate can be calculated by taking the average yearly growth rate 2010 0.4 2011 1.00 1.5 2012 1.5 0.5 2013 1 -0.333333333 2014 1 0 1.666666667 g 0.333333333 Under the Dividend value model the price of the share is P0= D0(1+g)/(Ke-g) [where D1 = Expected dividend, k = cost of equity, g = growth rate, P0 = price of the shares] P0 = 1(1+0.333333)/( 0.350659-0.3333333) P0 = $ 76.9548965 Price of the Carnival Corporation PLC share on June 2015 is $ 5.7495. Note : Here the overall calculation is made on the weekly stock prices commencing from November 2013 to May 2015. The risk free rate of return is assumed to be 0.74. This assumption is based on the rate of UK treasury market. The rate of dividend per share represented in the annual reports of Carnival Corporation PLC is taken into consideration (Annualreports.com, 2014). There is more than one method under the dividend discount model, but here the commonly used method is taken into account (Hrdahl, Tristani and Vestin, 2008). All the relevant calculations for beta are shown in the appendix. (Hiriyappa, 2008). Recommendation From the calculation made it is found that the expected price of the equity share is 76.9548965 whereas in the stock market it is traded at $ 57-58 on May 2015 (daily). The price that is calculated is the actual value of the shares based on the dividend expectation of the shareholders (Kozul, 2014). As the market value is less than the actual value of the shares, then an investor should take his decision as follows- If the investor is willing to invest in the share but not yet invested then it is the right time for him to select the shares because the actual value of the shares is much more than the market value. When the actual and the market value are not same, then there is always a tendency that market value moves towards the intrinsic value. If this situation is true then it can be predicted that very soon the price of the share will go up and if the investor buy the shares right now then he can make a gain by selling those shares at a future date. If the investor already holds the shares then it would be better for him to hold these for some more times as the price will go up in near future and if he sells those at that time then he can make some gain (RAHEJA, 2011). So in brief it can be said that the investors should either buy or hold the shares, but they should not sell the shares. Moreover, the existing share price also indicates a bulling trend of the market; it implies that at present there will be more of buying and less selling. Assumptions and criticisms All the assumptions in the recommendation are made by keeping the efficient market theory in mind. The relevant data are extracted from the annual report and the data available in London stock exchanges. Following are some of the assumptions- Most of the investors invest in the security of getting profit. The economy is in growing trend. There is no unpublished price sensitive information that affects the price of the shares The market is an efficient market. The investors are behaving in a rational way (Brown and Walter, 2012). Criticism of the CAPM and Dividend Discount Model These two models are based on the assumption that there is an efficient capital market but in practice there is no existence of the perfectly efficient market (De Graeve, Emiris and Wouters, 2009). The expectations for all the investors are not same, but when the calculation is made it is assumed that all the investors have a similar expectation. This assumption is not true in the practical situation. The CAPM model assumes that there is no transaction cost and no tax rates, but in the actual scenario no such condition exists. The price of shares is such a variable that changes regularly. So if the investor invests today on the basis of the dividend valuation model it is not assured that he will get a certain return as expected. In dividend evaluation model, the growth rate is estimated by following the historic records and the share price is calculated on the basis of that estimation but it is a very complex task to make an accurate estimation. In CAPM, only the beta is taken as the indicator of risk measurement but beta only indicates the systematic risk portion. So from the above discussion and the criticism made it can be concluded that there is no accurate method for calculating the value of the share. It depends on the investors and the market situation at a particular point in time. References Brown, P. and Walter, T. (2012). The CAPM: Theoretical Validity, Empirical Intractability and Practical Applications.Abacus, 49, pp.44-50. De Graeve, F., Emiris, M. and Wouters, R. (2009). A structural decomposition of the US yield curve.Journal of Monetary Economics, 56(4), pp.545-559. Hiriyappa, B. (2008).Investment management. New Delhi: New Age International (P) Ltd., Publishers. Hrdahl, P., Tristani, O. and Vestin, D. (2008). The Yield Curve and Macroeconomic Dynamics*.The Economic Journal, 118(533), pp.1937-1970. Kozul, N. (2014). Bond yield curve construction.Bankarstvo, 43(2), pp.36-47. Ranganatham, M. and Madhumathi, R. (2006).Investment analysis and portfolio management. Delhi, India: Pearson Education/Dorling Kindersley (India). Ray, S., Savin, N. and Tiwari, A. (2009). Testing the CAPM revisited.Journal of Empirical Finance, 16(5), pp.721-733. Rzakhanov, Z. (2012). Multistage investment, systematic risk premium and CAPM beta: empirical evidence from product development.Applied Financial Economics, 22(10), pp.777-790. Todorov, V. (2009). Variance Risk-Premium Dynamics: The Role of Jumps.Rev. Financ. Stud., 23(1), pp.345-383. Traficanti, H. (2014). Risk Premium, Variance Premium, and the Maturity Structure of Uncertainty.CFA Digest, 44(7). Li, M. (2014). Moving Beyond the Linear Regression Model: Advantages of the Quantile Regression Model. Journal of Management, 41(1), pp.71-98. Londonstockexchange.com, (2015). Home - London Stock Exchange. [online] Available at: https://www.londonstockexchange.com [Accessed 17 Aug. 2015]. Annualreports.com, (2010).Carnival Corp. - AnnualReports.com. [online] Available at: https://www.annualreports.com/Company/carnival-corp [Accessed 18 Aug. 2015]. Annualreports.com, (2011).Carnival Corp. - AnnualReports.com. [online] Available at: https://www.annualreports.com/Company/carnival-corp [Accessed 18 Aug. 2015]. Annualreports.com, (2012).Carnival Corp. - AnnualReports.com. [online] Available at: https://www.annualreports.com/Company/carnival-corp [Accessed 18 Aug. 2015]. Annualreports.com, (2014).Carnival Corp. - AnnualReports.com. [online] Available at: https://www.annualreports.com/Company/carnival-corp [Accessed 18 Aug. 2015].

Sunday, March 22, 2020

On U.S. Health Care Barack Obama and Hillary Clinton an Example of the Topic Health Essays by

On U.S. Health Care: Barack Obama and Hillary Clinton As the race for the most powerful seat in the White House draws near, the nominations for the Presidential candidate of the U.S. Democratic Party have also gained momentum. With two of the Democrats strongest bets competing to ultimately become the flag bearer of the party, an initial wave of national campaign has already been witnessed by the Americans. Obama and Clinton have constantly wooed the American voting population while backing themselves with their platforms and plans for addressing the crucial issues faced by the country. One of the major national concerns highlighted in both candidates plans for action is the improvement of the U.S. health care system. Now, universal health care is being raised by both sides alongside with addressing the nations rising health care costs. Need essay sample on "On U.S. Health Care: Barack Obama and Hillary Clinton" topic? We will write a custom essay sample specifically for you Proceed College Students Often Tell Us: How much do I have to pay someone to make my assignment today? Essay writer professionals suggest: Calculate The Price Here Buy Essay Online Reviews Get Paid To Write Essays For Students Write My Paper For Me Cheap Best Essay Writing Service In 2006, the cost of U.S. health care has already increased by 6.7% with total expenses amounting to more than $2.1 trillion which is equivalent to $7,000 per person in the country (Kuttner, 2008). At present, the cost of health care is already worth 16% of the U.S. gross domestic product and is still bound to increase up to 20% until 2016. Such overwhelming increase in medical care costs is caused by several factors including the abundance of new medical technologies, commercialization within the health industry, poor health habits of the people, and the heavy burden of tax on acquiring health insurances. However, despite the devastatingly high medical costs, there is no guarantee that quality health care is being provided as it has been found that around one fifth and one third of such medical expenses do not actually deliver in making peoples health any better. Hence, the current health care system of the country which takes more from the peoples pockets while leaving out more suf fering in health problems without aid is aimed to be resolved by both Democrat presidential candidate-hopefuls Barack Obama and Hillary Clinton in case either of them wins the U.S. presidency. Both have laid out their proposals for improving the countrys health care condition, and the thrust of their health care solutions revolve around providing health insurance for the American population and strategic planning for reducing medical care expenditures. Illinois Senator Barack Obama intends to provide universal health insurance by making way for quality, affordable and portable coverage for all the Americans. Obamas national health plan is to ensure insurance eligibility for every applicant regardless of previous medical history. Such new health plan also include a wide range of benefits such as health packages like those received by federal employees; low cost premiums, co-pays and deductibles; and subsidies for unqualified Medicaid or State Childrens Health Insurance Program applicants in acquiring the new public plan or a private health care insurance. Along with these, the new health plan for the public shall be accessed and availed easily with portability, as changing jobs would no longer affect insurance coverage; and efficiency, as the companies providing insurances shall be evaluated based on health information technology and administration standards. Obama also aims to establish the National Health Insurance Exchange which shall be of assistance to those who plan to avail of private health insurance plans while ensuring the equality, affordability, and accessibility of the coverage of such health plans (Montgomery, 2008). Moreover, Obama plans to require employers, excluding small-time ones who fall under a range of a relatively low income bracket, to contribute a portion from their salary budgets to the funding of the national health plan. He will also execute a mandatory health care coverage for all the American children, expand qualifications for programs under Medicaid and SCHIP, and allow the flexibility of state health plans that are already being implemented in several states as long as they would coincide with the national health plans minimum standards. In addition to these, Obama also targets the lowering of medical costs by modernizing the current American health care system. This shall be done by reducing the costs of catastrophic illnesses for both employers and employees through reimbursements; assisting patients through support disease management programs, coordinated and integrated health care, and medical care and costs transparency; ensuring quality care delivered by health providers; and lowering medical costs by investing in electronic health information technology systems and increasing the competition in health insurance and drug markets. Thus, Obama claims that a typical consumer will have $2,500 worth of annual savings if his health care plan worth $50 billion to $65 billion per year will be actualized (www.cbsnews.com, 2007). Furthermore, Obama also plans to lobby for new health initiatives such as the advancement of the biomedical research field, fighting AIDS worldwide, supporting disabled Americans, improving ment al health care, protecting children from lead poisoning, reducing risks of mercury pollution, and supporting Americans with autism (www.barackobama.com/issues/healthcare, 2008). On the other hand, New York Senator Hillary Clintons primary program in her American Health Choices Plan is to provide mandatory health insurance for every American. Clinton plans to require everyone to have an individual health insurance, and to do so, she would provide for tax credits limited to a portion of household income for families to be able to pay for coverage. Although small businesses would not be covered under the health insurance mandate, Clinton will also support them with tax credit grants (www.cnn.com, 2007). Her health plan would also be offering new health insurance coverage choices, which include coverage similar to the members of Congress and public plan options, for both insured and uninsured Americans. Moreover, she also intends to distribute benefits for current health insured people by reducing costs through removing hidden taxes, strengthening insurance security, and eliminating unfair health insurance discrimination. Clintons implementation of universal hea lth insurance shall also promote shared responsibility from all who will benefit under the system, whereas insurance and drug companies shall be barred from exercising discrimination and unfair pricing tactics; individuals shall be required to avail and maintain an affordable and accessible insurance within the system; insurance providers shall cooperate with patients and businesses while rendering quality and inexpensive health care; employers shall be assisting in financing the system of national insurance coverage by apportioning for its funds while also ensuring that they provide coverage for their employees; and the government shall constantly monitor the status of national health insurance by implementing new policies or reforms for the further improvement of the nationwide insurance coverage if necessary (www.hillaryclinton.com, 2008). As part of Clintons goal to provide affordable and accessible health care in her American Health Choices Plan, she has revealed a seven-point plan which aims to resolve the health care cost inflation. Such medical care cost reduction plan includes focusing on prevention of illnesses and diseases, usage of more computer technology, coordination and streamlining of care for chronically-ill patients, offering individuals and small businesses market access to larger insurance pools, improving the quality of health care, controlling prescription drug costs, and reforming medical malpractices (Paddock, 2007). In terms of implementing such plans, her funding will be derived from the savings that will be realized from overhauling the current wasteful and expensive health care system. Moreover, Clinton is also geared towards further health actions in the future with her plans for fighting cancer, autism, HIV and AIDS, an agenda for reproductive health care and for supporting senior citizens, and an attempt to find a cure for breast cancer. Looking closely, there are several similarities in both Obamas and Clintons plans for national health care. Primarily, both focused on providing health care insurance coverage for the Americans and making way for a substantial decrease in current medical care costs. Obama particularly pushes for the availability of health insurance for all Americans while Clinton is determined to require every American to be health-insured. With regard to diminishing medical care costs, Obama and Clintons plans have concurred in terms of improving medical information technology and establishing a wider market for the health insurance and drug industry. Although their methods and strategies are different, they are both guided by the same objective of ensuring that American citizens enjoy proper health and wellness. In a country as progressive as the United States, it is a glaring irony that its overly expensive medical care cost of almost twenty cents per every dollar earning does not ensure effective health care at all. In response to this, both Obama and Clinton have drafted national health care plans offered to the Americans, either of which is upheld and implemented, will give a known possibility of developing the current health care system of the country. Within a few months, the final Democrat presidential nominee shall be made known and Republican candidate John McCain will finally meet his rival. Yet, in the event that either Obama or Clinton shall be excluded from the official presidential race, none of both should back away with spite and drop everything they have meticulously planned for the countrys progress, including their comprehensive national health care plans. Being in an elected position is not the only way to improve and serve America. As dominant figures who have already gained influence and power over the nation, even if they do not make into presidency, Obama and Clinton can still make a difference by pursuing their noble intentions and grand plans for the country. And as they hail from the same political party, Obama and Clinton should still support whichever of them reaches the farthest in the countrys race for political supremacy. And until a new president is in position, America will still await for its current h ealth care system to head towards a better direction. References Kuttner, Robert. Market-Based Failure A Second Opinion on U.S. Health Care Costs. The New England Journal of Medicine. 358:549-551(7 Feb. 2008). 1 May 2008. Montgomery, Kelly. Senator Barack Obamas Healthcare Reform Proposal. About-Health Insurance. 13 March 2008. Healths Disease and Condition. 1 May 2008. http://healthinsurance.about.com/od/healthinsurancebasics/a/obama.htm> Obama Unveils Universal Health Care Plan: Government, Businesses and Consumers Would Share the Programs Cost. CBS Broadcasting Inc. 29 May 2007. Politics. 1 May 2008 http://www.cbsnews.com/stories/2007/05/29/politics/main2863074.shtml> Providing Affordable and Accessible Health Care. Hillary for President. 2008. 1 May 2008. Clinton unveils mandatory health care insurance plan. Cable News Network. 2007. 1 May 2008. Paddock, Catharine. Hillary Clinton Unveils Plan For Reducing Health Care Costs. Medical News Today. 25 May 2007. Health News.

Thursday, March 5, 2020

Bill Gates Bib

Bill Gates Bib Bill Gates is one of the most influential people in the world. He is cofounder of the most recognized brands in the computer industry with nearly every desk top computer using at least one software program from Microsoft. According to Forbes magazine Gates is the wealthiest man in the world and has been in the number 1 position for at least seven years.Gates was born and grew up in Seattle, Washington USA. His father, William H. Gates II was a Seattle attorney and his mother, Mary Maxwell Gates was a school teacher and chairperson of the United Way charity. Gates and his two sisters had a comfortable upbringing, with Gates able to attend the exclusive secondary "Lakeside School".Bill Gates started studying at Harvard University in 1973 where he met up with Paul Allen. Gates and Allen gates worked on a version of the programming language BASIC, that was the basis for the MITS Altair (the first microcomputer available).English: Melinda Gates in World Economic Forum (Cr...He did not go on to graduate from Harvard University as he left in his junior year to start what was to become the largest computer software company in the world, Microsoft Corporation.Bill Gates and the Microsoft Corporation"To enable people and businesses throughout the world to realize their full potential." Microsoft Mission StatementAfter dropping out of Harvard Bill Gates and his partner Paul Allen set about revolutionizing the computer industry. Gates believed there should be a computer on every office desk and in every home.In 1975 the company Micro-soft was formed, an abbreviation of microcomputer software. It soon became simply "Microsoft"Â ® and went on to completely change the way people use computers.Microsoft helped to make the computer easier to use with its developed and purchased software, and made it a commercial success. The success of...

Tuesday, February 18, 2020

Consumer Behaviour - Learning Theory Essay Example | Topics and Well Written Essays - 500 words

Consumer Behaviour - Learning Theory - Essay Example Looking at this advert, emotions are aroused making it so attractive and appetising especially when the viewer combines what he sees with environmental experiences with sausages or his perception of just how delicious this breakfast dish looks like. As such, cognitive, emotional and environmental influences as well as prior experiences all play a part of how understanding is acquired and knowledge and skills retained and ultimately how this advert could be received. Learning theory proposes that individuals learn in different ways and styles and how they perceive the information. Cognitive conditioning embraces situations where a learner’s behaviour is studied rather than studying his environment. As a result, in these adverts, cognition conditioning becomes very important as they target the psychology of the viewer thereby persuading him to looking for the dish or outfit described in the adverts. The conditioning looks beyond behaviour to consider how human memory works to promote learning. The advertisement is designed in such a way that it enhances the memory of the audience. It is usually argued that pictures speak more than words – a picture is worth a thousand words (Vakratsas & Ambler, 1999). The images used in both advertisements are, therefore, intended to ensure that the information is captured and retained by the intended audience. While attracting more of the potential clients, the advents’ cognitive potential ensures that they retain the actual clients of the brand. Cognitive conditioning explains social role acquisition int elligence and memory in regards to age. Consumers store information on products or a print advert of the product in their brains which they later would retrieve. Retrieval of information is assisted by clues which may be self generated or external and may take forms of images, shapes and Colour (Rothschild & Gaidis, 1991). The Company needs to focus on

Monday, February 3, 2020

Financial management Essay Example | Topics and Well Written Essays - 3000 words - 2

Financial management - Essay Example The theory acknowledges the use of both equity and debt financing of the firm operations. It holds that each firm has an optimal capital structure at which it maximizes the value of the firm, which is the point when the attractiveness of each additional debt unit declines, upon balancing its costs and benefits it brings to the firm (Ghazouani, 2013). By this the theory links a firm’s financial leverage to its profitability and optimum debt ratio. Proponents of the theory argue that debt financing can enable firms to achieve maximum profitability and value by making a trade off of the accrued benefits and cost. Financing firms with debt has the advantages of corporate tax benefits of the debt, but also suffer risks from bankruptcy and agency costs, which create financial distress for the firm. Tax shields are firm specific factors that influence firms financing decisions. Firms may choose to take additional debt with increases to tax shield offered. According to Chen, â€Å"the trade-off theory predicts that firms will increase their debt level to capture fully tax benefits until the expected marginal benefits are equal to the expected marginal costs of debt† (2012, p. 1). The higher the tax rate the greater the firm’s leverage and effectively a higher enterprise value. By maximizing the use of debt, firms on the other hand become more prone to losses due to increasing risks of bankruptcy. The firm’s over-borrowing could result to failure of paying the principle, chances of defaulting, and in the event of financial distress are unable to get extended credits from financial institutions, failure to pay dividends or attractive for investment (Kim, Heshmati and Aoun, n.d.). In turn they affect the firm’s profitability, performances and its value. Holding other variables constant, a point comes when a further debt increment becomes inversely and directly proportional to its marginal profits and costs,

Sunday, January 26, 2020

What Is Necessary To Be A Hero?

What Is Necessary To Be A Hero? How would the world be, without those people who are always doing something to help others. They are called heroes. Heroes are individuals who demonstrate bravery and altruism for superior and virtuous good of humans when they are in danger. A hero is also someone who can provide his or her existence to people. Although the concept is related with ferocity, a hero is defined as someone with moral brilliance. It is easy to mention several examples of heroes since the beginning of history, but the important thing is that they share some features, which make them different from the rest of people. However, there are some people who think that heroes are just in movies or myths and that they look like athletes or actors (http://www.studymode.com/essays/Characteristics-Hero-58475.html), but the fame or the aptitude are not the characteristics that make a person be a hero. There are three basic characteristics of a hero: the value and dignity of human life, the faith in self and his or her actions, and courage which can confront whatever comes. There are some heroes that are known as noble and that have a wonderful effect on people, such as Mahata Gandhi and Martin Luther King. Most heroes are just normal people that come from family, neighbors, and the community, but something important about heroes is that they respect human life. Heroes respect human life because they take care of peoples lives, and are always fighting for peoples rights to give them the life that they deserve. Heroes expose their life for people and they like to take care of people. They also dedicate their life to make others lives better, since they think that peoples lives are important. They risk their life for others. All these things make their passion for people obvious. Heroes always want to get peoples rights. This kind of problem always happens if they are between people and a high position or organization such as a government or people who work with the government. There is an example of that kind of heroes: Martin Luther King. He made the Africa Americans get their rights. He made them get their freedom. Finally, he achieved his goal. In all, heroes are the hardest times and difficult situations. They respect human life because they know that it deserves it, and that human life is a value or an important gift. They care about people and they also help people get their rights. Everything in human life has advantages and disadvantages. Also, people determine which they choose. Sometimes heroes help people be in good shape or get new knowledge. Nowadays, people pay more attention to heroes because heroes are always doing adventures to draw peoples attention. It can be easy to see that heroes are not regular individuals, since they are not able to do what heroes can do. There are a lot of heroes that are really famous in this time, for example: Iron Man and Spider Man. People believe that they are different and that anyone can be like them because they are not real individuals. People know a lot of things about heroes, but some people think that they are able to be like them and this is impossible because what heroes do is out of imagination and nobody can do it. For example, Spider man is called a hero because he can go up the high buildings and fly in the air without injuries. However, people have to know and believe they cannot do what they watch on the T.V. In contrast, a person can be a hero to someone, or society. People will like the person if he or she is a hero to the whole society. There are some different kinds of heroes that common people look up to, but in a friendly sort of way, like firefighters and police. In some circumstances, they need to risk their lives to save someone else. The important thing to remember is that being a hero is something that starts from the heart. Moreover, everyone dreams of being a superhero. However, as they get older, people will realize that they do not possess the supernatural powers of Spiderman or Batmans primo cache of gadgets. And also they notice the absence of the kind of otherworldly arch nemeses that plague a comic book heroes in the real world. The idea of being a hero is gradually as kids stuff, but while evildoers may not appear in the real world painted up as sadistic clowns, the world has never ceased its need for heroic men willing to come to help those in danger and stand up for what is right. To sum up, people have to read more about heroes to know what happened around them and to know what has to believe. Heroes always do something different from others in order to become more and more famous. Heroism means a person who is always acting to protect other individuals or society in a special way, even though this kind of behavior will risk a persons life. Depending on its nature, heroism requires physical courage, both physical and mental. A traditional hero often risks death or injury. The defiance of death becomes one of the accepted signs of heroism as a way to get peoples attention. A hero may lose his or her life when enhancing others welfare. Actually, the hero considers that the purpose is more important than the risk of death or injury (162). Even though in this century, when saving others, a hero sometimes should face the injury and death. Thus, it is necessary to say heroism needs courage. The physical courage enables the hero to face the difficulties and to do the preparation of surrendering their own comfort in order to achieve their goals. The mental courage of a hero wants him or her to know the accepted truths and yet not be limited by them. In a fairy tale, a child says loudly that the emperor wears no clothes just because of innocence, not courage. However, heroic men are aware of the danger and still want to make people recognize the truth. For them, it is not enough for people to think traditionally and they choose to let the public understand clearly (163). The heroic act may be against the habits and customs of the society. Disagreement is inevitable although supporters do not happily welcome opposition. A hero needs mental strength to keep energy and talent when facing personal loss, difficulties or disapproval. Ostracism or expulsion will take place. Obviously, a hero may be lonely and sometimes cannot get the recognition or encouragement (163). Courage helps a hero overcome the loneliness, regard the disagreement and persist in pursuing his or her goals. Thus, it is almost unnecessary to say that heroism requires courage, both physical and mental. After see these characteristics that are typical or the expected about heroes, there are several characteristics that the real heroes have. As is it mentioned before heroes are not just those ones that we can see in movies, myths, and other fabulous stories. The concept of a hero is more than that, since a hero can be anyone. There are various characteristics that real heroes have, within these are: that heroes are surprising, unfamiliar, normal and conventional, they become heroes by confronting difficulties, they fight for others, and they have no fear. Almost in all the heroic acts people is amazed and surprised by the shocking and unexpected brave action of someone that seemed normal. This is another characteristic of a hero, anyone expect her or his actions, and anyone expect the problem neither. For instance, there is a group of students taking their daily classes, when they are surprised by a huge earthquake, and there is one student who takes the decision to help and save to her or his peers. This is an unexpected action, made it by a normal person, who became a hero in a surprising way. Sometimes people expected good actions or get to know to those famous heroes or super heroes, but heroes can be unfamiliar or unknown persons. Not all the heroes are in the movies, magazines or something more credible like newspaper. The majority of heroes are lack of fame, because not all of them tell to everyone the good actions that they did before. Heroes are normal and common people. How many times did someone see to Spider man or Batman doing something for a child in trouble, or helping to a senior to cross the street? A hero is someone who is doing something good for others, so all the good actions that most of people can see every day are made by heroes. These heroes can be found day to day, no matter if the actions are very little or big and famous, but the real heroes are normal people. If there is no danger or something wrong is not necessary to do something good or to turn a normal person into a hero. Heroes convert into a hero during a situation that demands it. For instance: there are a lot of people sleeping at 1:00am in one of the dormitories, and there is a fire, someones roommate is not able to go out of the dorm so her or his peer decide to help her or him to go out before something bad happened. Another example can be when sometimes there is a kid into the pool playing without parents attention and the lifeguard is distracted by other things, while the kid is drowning in the pool, but there is a normal guy who is near and when he see this, he decide to save the kid immediately. Without these terrible situations either the good roommate or the guy cannot turn into a hero. Even though these heroic actions are not on the newspaper or on the television, there are two persons benefited by them. Also heroes have an original perspective that make them different from others As mentioned before, there are several examples of different kinds of heroes and also different concepts of them. However, there is a convergence between them, and it is that all of them share the same values and attitudes included in their features. All heroes start to do their good actions because they are generally encouraged by the value and dignity of human life, since they know that human life is worthy and they completely understand that because it is always oriented to do something to value human life. Another characteristic of heroes is the faith in themselves and their actions; otherwise, they cannot have the courage to do those unbelievable and brave actions. Thus, with confidence any person can do something for their lives or others lives. Although the heroes that we know have done some incredible actions, every person has inside a hero who has the ability to confront the difficult situations that he or she has to go through every day with courage, respecting others and d oing all the actions with faith (http://www.personalitytutor.com/qualities-of-a-hero.html).

Saturday, January 18, 2020

Why do Nurses earn less than rock stars?

There are many reasons as to why nurses earn less than rock stars. The first, most important one, is to recognise that we are comparing these two respective salaries on a statistical basis, most likely average such as a mean, or median wage. We must take into account the range of salaries, to see how much the data we are comparing is skewed. A nurses salary cannot really vary much, as rates in hospitals (in the same area) will be similar, only varying slightly for higher positions within the nursing profession. This is in complete contrast to what rock stars can earn – some can earn just $10 an hour, despite enjoying tremendous popularity. Others, however, can earn millions and billions, and therefore, this will mean that the results for pop stars' wages will be skewed, given the wide range of salaries. Wages are set very much like price is – by market equilibrium. Looking at the labour market, we can see that, once immensely popular, demand for an artist becomes very inelastic – people will buy his merchandise even if the price increases quite a lot. Supply for nurses, on the other hand, may be elastic, as there are plenty of individuals who are willing to try and seek employment in that field, assuming that the skills required aren't very hard to come by (to enter the profession). On the other hand, it can be argued that supply for artists is inelastic, due to the relatively small numbers of people in the industry. This argument can easily be refuted by pointing out the hordes of riff-raff and other emotional junkies who pander towards an illustrious career of fame and fortune, and attempt to become rock-stars. However, if they are not famous or are deemed lacking of the talent needed to earn that label, they will most likely not be counted as a â€Å"rock star† and they will find it hard to enter the music industry and therefore their efforts will be in vain, and they will be discounted by those seeking to make their fortune by accumulating and manipulating market trends. Thus, we can see that demand and supply is inelastic for rock stars, while elastic for nurses. If you draw a demand and supply diagram, who will be able to see that the rock stars' wages will be determined by a higher market equilibrium than their hospital-working (female) counterparts. Immobility of labour is another thing which contribute towards the supply of the respective professions. Being a rock star is unlikely to be one of the first or main jobs an individual will undertake in his life. Thus, stars will probably have other vocational skills ready to be of use if they suffer an untimely demise at the hands of fickle fans. This will encourage people to try and become rock-stars as they will be able to find another job later or before they strike success. Nurses, on the other hand, have less of a reason to be as occupationally mobile, as their career is more likely to be a steady, longer one, quite predictable in nature. This would mean that nurses would have to aim to try and stay in that profession for a long period of time, which may actually discourage some people from becoming nurses. However, the mobility of labour seems o have little impact in actuality as it seems that this would make supply of labour more inelastic and elastic for nurses and pop stars respectively. Geographical mobility of labour also seems to have little bearing on the supply of labour. Lastly, there are many benefits to be gained from each profession. Rock stars have the opportunity to make millions very quickly, become famous, recognised and more influential. Nurses' benefits lie more in the vicinity of pension payments, and possibly the knowledge that you are helping the community. These seem to be the main reasons as to why nurses get paid less than pop-stars. Why do Nurses earn less than rock stars? There are many reasons as to why nurses earn less than rock stars. The first, most important one, is to recognise that we are comparing these two respective salaries on a statistical basis, most likely average such as a mean, or median wage. We must take into account the range of salaries, to see how much the data we are comparing is skewed. A nurses salary cannot really vary much, as rates in hospitals (in the same area) will be similar, only varying slightly for higher positions within the nursing profession. This is in complete contrast to what rock stars can earn – some can earn just $10 an hour, despite enjoying tremendous popularity. Others, however, can earn millions and billions, and therefore, this will mean that the results for pop stars' wages will be skewed, given the wide range of salaries. Wages are set very much like price is – by market equilibrium. Looking at the labour market, we can see that, once immensely popular, demand for an artist becomes very inelastic – people will buy his merchandise even if the price increases quite a lot. Supply for nurses, on the other hand, may be elastic, as there are plenty of individuals who are willing to try and seek employment in that field, assuming that the skills required aren't very hard to come by (to enter the profession). On the other hand, it can be argued that supply for artists is inelastic, due to the relatively small numbers of people in the industry. This argument can easily be refuted by pointing out the hordes of riff-raff and other emotional junkies who pander towards an illustrious career of fame and fortune, and attempt to become rock-stars. However, if they are not famous or are deemed lacking of the talent needed to earn that label, they will most likely not be counted as a â€Å"rock star† and they will find it hard to enter the music industry and therefore their efforts will be in vain, and they will be discounted by those seeking to make their fortune by accumulating and manipulating market trends. Thus, we can see that demand and supply is inelastic for rock stars, while elastic for nurses. If you draw a demand and supply diagram, who will be able to see that the rock stars' wages will be determined by a higher market equilibrium than their hospital-working (female) counterparts. Immobility of labour is another thing which contribute towards the supply of the respective professions. Being a rock star is unlikely to be one of the first or main jobs an individual will undertake in his life. Thus, stars will probably have other vocational skills ready to be of use if they suffer an untimely demise at the hands of fickle fans. This will encourage people to try and become rock-stars as they will be able to find another job later or before they strike success. Nurses, on the other hand, have less of a reason to be as occupationally mobile, as their career is more likely to be a steady, longer one, quite predictable in nature. This would mean that nurses would have to aim to try and stay in that profession for a long period of time, which may actually discourage some people from becoming nurses. However, the mobility of labour seems o have little impact in actuality as it seems that this would make supply of labour more inelastic and elastic for nurses and pop stars respectively. Geographical mobility of labour also seems to have little bearing on the supply of labour. Lastly, there are many benefits to be gained from each profession. Rock stars have the opportunity to make millions very quickly, become famous, recognised and more influential. Nurses' benefits lie more in the vicinity of pension payments, and possibly the knowledge that you are helping the community. These seem to be the main reasons as to why nurses get paid less than pop-stars.

Friday, January 10, 2020

Strategic Knowledge Management Technology Essay

The magnitude of the work or activity that qualifies to be a project differs in various states. however, it is very clear that however small the task may be, the need for a project management tool or technique is essential. this will help in the planning stages to achieve successful outcomes. Therefore, project management tool s is required in the project for planning and managing purposes though it is not restricted to business activities. Some of these projects may involve weddings plans and house relocation. Positive results are expected whenever an efficient project management tool is used to avert problem risks and failures. Project management may involve changing or introducing things hence involve in human resources, financial matters, security and various stakeholders among others. In a proper project management, there are about six major steps to be followed such as term of reference, planning, communication, monitoring and project completion among others. During this process, project management tools are fundamental in ensuring the success of the project. This study focus on the 2013 – 2014 relocation project en route projects, which is a consultancy project. There are several tools to be chosen and in this project are communication log a Gantt chart (called project time line) and risk management log (Young, 2003). Each of these tools has its procedures and its benefit as far as this project is concerned. The choice to use Gantt chart tool and its benefits The choice to use the Gantt chart in this assignment is almost obvious in the project management field. The tool is named after the founder Henry Gantt, who invented it a more than a century ago (1910). After the concept was outlined, it was remarkably implemented initially during World War 1. The major use of the Gantt chart at that time was by American general Crozier to manage complex weapon production and logistics operations. Since then, many people have used the tool, especially the work breakdown structure (WBS) that has been relevant until today. To start with, the reason to choose the Gantt charts in my project was that it is an easy-to-use graphical tool among operations and project managers when determining condition of projects. this project includes various activities during the process that require close monitoring over the period to ensure these activities are carried out as planned. As a consultant and the leading project manager, it becomes easy to pay close attention to the progress of the operations to ensure that the functions involved are completed by their scheduled date. Secondly, the choice to use the Gantt chart is intertwined to the efficiency and reliability it has on project management. That is why Gantt and pert charts remain the two major and commonly used graphical tools among managers in making diagrams on the activities engaged in the project. In fact, the existence of the tool since 1910 has proved major tool although in the recent years it has witnessed some drawbacks, as projects are not fixed whereas daily updating may be tiresome. Nevertheless, people have insisted on using the tool as people have faith on it. As a fan in diagrams and charts, i decided to use the Gantt charts for my project because it creates complexity. Pictures bring a bigger idea of a situation like this once you master the art of interpreting them. More so, picture or charts yielded by this tool are easy to understand once studied. In fact, Gantt charts helps in organizing thoughts. This is enhanced through the dividing and conquering concept. On the other hand, the decision to use the Gantt charts was based on its ability to show visibility of the whole project. Once the chart is creating, it was possible to place the chart in either a bigger version of actual version to see the progress. This helped in realizing and reminding me of the objectives as well as when various activities are supposed to take place in the process (Johnson, 2003). This does not require high intellectual ability when interpreting how the project is going on. Largely, the Gantt charts helped in demonstrating to my clients that i know what is doing in my consultation duty. This is reflected after producing nicely presented Gantt chart showing proper organization of high-level tasks as well as resources allocated to these tasks. It generally helped in sending the bigger picture on whether the needs of the project are met or not as well as determining if there will be a success in the project. Lastly, the Gantt charts helped in setting realistic periods. The Gantt chart had bars indicating when a particular task or set of tasks will be completed. As a result, it was possible in planning and arranging various functions in a proper perspective. This help in limiting the events during this projects that may end up using much time and resource yet they could not add any value to the project. By studying the charts, it became easier to focus real issues and saved much of my time (Wilson, 2003). According to Peterson (1991), Gantt charts are fundamental in the planning theory. Planning theory traces its background even during the ancient times. Even in the bible, it depicts how various individual and groups were connecting with agricultural pursuits through planning some of their religious practices. Similarly, governments and other economic groups are as well using the planning theory to determine the profitable times when there is need to allocate the scarce resources. More so, the entrepreneurs have used this to decide when to deliver good s and services. As a result, they have tried to avert risks that may undermine their activities through planning. The choice to use risk management log and its benefit On the second tool used for this project was the risk management log. it is worth noting that project risk management entails a process involved in identifying risks, analyzing risks, developing appropriate responses to risks, and monitoring risk triggers in which as a project manager i had to effectively utilize (Ward, 2003). As a result, it was possible to ensure that risk management is done and that risk triggers were monitored. The decision to use this tool alongside the Gantt chats was the capability to use the tool in identifying, managing, and ranking risks throughout the life of the project. The use of the risk management logs was preferred because it is very brief and direct on point. As a result, it could be easier to explain to the client on the progress of the project as well as explaining on why some activities may delay as risks engulf the functions. On the other hand, it will be easier for the client to realize the probable reasons for projects delay and understanding the risks and threats that may face the project (Rosa, 2013). The tool has a risk management worksheet helped in realizing the types of risks likely to be encountered during the project period. To start with, the general risks were categorized as well as the specific risk. The general risks are noted risks likely to recur throughout the life of the project without a specific date associated with it (Cerner, 2001). On the other hand, the specific risks encompassed risks being associated with a particular date when they may occur during the project period (Bouchaud, & potters, 2000). The clarity on these risks was based on the assumptions or risks based on the probability and the impacts on my project. Depending on the level of probability between probability and impacts on project, various risks were categorized as high, low, or medium. The emphasis should be given to the highly categorized risks to ensure success of the project. On the other hand, the risk management log was chosen because after categorizing the risks it was possible to formulate contingency plan of action on issues triggering the level of risks (smith, 1999). In this case, the tool played a crucial role in organizing various activities related to the en route project. The contingency plan of actions laid safety measures to avert the project failures led by adversities. .the tool demonstrated a clear picture of sequential commencement and closure of various activities involved in the project. The risk categories were determinant factor on the period used on various functions. The use of the risk management tool helped in realizing the risks or threats likely deter the success of the project. It started with risk identification to determine risks likely to affect the project and documenting the characteristics of those risks (wells, 1996/1997). Both the internal and external aspects of the project were tracked in which the emphasis on internal risks was on directly controllable items by the project team whereas the external risks were events happening outside the direct influence of the project team. The tool contribute a final document that is presentable and areas of much interest t=are bolded especially on the probability and impacts. There is a systematic arrangement of causal effects and the outcomes at various stages. This was beneficial in this project in making forecasts and projecting possible changes to avert high risks or threats. With the help of the triggers at the last column, to show ‘how do we know this may be starting to happen?’ Sometimes obvious, but often not. May be worth also noting my responsibility of keeping an eye on this to make alerts on the project. The presence of the ‘contingent actions’ president as to do if the risk does happen (Gottschalk, 2005). . It is useful to think about this at the beginning, as you may need to make preparations or alert people in advance. To repeat, this is all much more important for higher impact/probability risks. Conclusion The presence of various project management tools may sometimes be hard for project managers to chose (Howes, 2001). However, good choice of the appropriate tool will be a milestone in achieving a successful project. In this case, the use Gantt charts and the risk management logs were preferred for their ease and presentation to the client. They made it possible to explain to the client on various stages and expected threats during the project life. The link between the client and the project manager is fundamental to ensure the smooth completion of the project whereas the mutual understanding could help in developing trust and long-term relation to make the projects successful. References Bouchaud, J., & Potters, M. (2000). Theory Of Financial Risks From Statistical Physics To Risk Anagement. Cambridge: Cambridge University Press. Gottschalk, P. (2005). Strategic Knowledge Management Technology. Hershey Pa: Idea Group Pub.. Howes, N. R. (2001). Modern Project Management Successfully Integrating Project Management Knowledge Areas And Processes. New York: Amacom. Johnson, J. (2003). Managing Time (4th Ed.). Oxford: Elsevier Science & Technology. Kerzner, H. (2001). Strategic Planning For Project Management Using A Project Management Maturity Model. New York: John Wiley. Rosa, M. (2013). Business Process Management Workshops Bpm 2012 International Workshops, Tallinn, Estonia, September 3, 2012. Revised Papers. Berlin: Springer. Smith, N. J. (1999). Managing Risk In Construction Projects. Oxford: Blackwell Science. Ward, S. (2003). Transforming Project Risk Management Into Project Uncertainty Management. International Journal Of Project Management, 21(2), 97-105. Wells, G. L. (19961997). Hazard Identification And Risk Assessment. Rugby, Warwickshire, Uk: Institution Of Chemical Engineers. Wilson, J. (2003). Gantt Charts: A Centenary Appreciation. European Journal Of Operational Research, 149(2), 430-437. Source document

Thursday, January 2, 2020

A Brief Note On Diabetes Mellitus ( Dm ) Is A Serious...

Discussion Post Week Nine NURS6051, N-20 Diabetes Mellitus (DM) is a serious disease that affects much of the U.S. population. DM occurs when the body had trouble regulating the amount of glucose in the blood stream. Although they share a similar name, Diabetes Insipidus (DI) is a different process, which involves kidney-related fluid retention problems. As advanced practice nurses (APNs) one must be able to differentiate, diagnose, and treat all three disorders appropriately. The purpose of this paper is to discuss the hormonal regulation alterations in both DM and DI respectively. Diabetes Insipidus DI is either central or nephrogenic and is a partial or total inability of individuals to concentrate urine. Inadequate ADH activity causes the elimination of large amounts of dilute urine. Central DI is can be transient or permanent, depending on the history of the underlying disorder (Elsie Hammer, 2010, p. 542). Central DI is due to lesions of the posterior pituitary, hypothalamus, pituitary stalk, which interfere with the synthesis of antidiuretic hormone (ADH). This type of DI is seen mostly with closed head injuries. Nephrogenic DI is due to an insufficient response of ADH by the renal tubules. This kind of DI occurs from disorders such as polycystic kidney disease and pyelonephritis, but may also be due to drugs such as lithium carbonate, colchicines, loop diuretics, and general anesthetics. Patients tend to crave cold drinks, and urine output drastically