Monday, September 30, 2019

Sprint Swot Paper

Sprint Nextel Corporation SWOT Analysis Edgardo L. Cartagena Luna Management 521 University of Phoenix February 14, 2013 Sprint Nextel Corporation SWOT Analysis Background Sprint Nextel Corporation (Sprint) is a communications company. The company provides a range of wireless and wireline communications products and services to individual consumers, businesses, government subscribers and resellers. It provides wireless services on a postpaid and prepaid basis to retail subscribers and also on a wholesale and affiliate basis.The company markets its postpaid services under the Sprint and Nextel brands, and prepaid services under the Boost Mobile, Virgin Mobile, and Assurance Wireless brands. The company offers its services through wireless networks, an all-digital global long distance network and a Tier 1 Internet backbone. (www. alacrastore. com, 2013) Mission Sprint’s mission is to be number one in providing a simple, instant, enriching and productive customer experience. (Spr int Nextel Corporation, 2013). VisionSprint’s vision is to be a world class company, with standards by which others are measured, including a commitment to developing a world class supplier base that is reflective of the communities we serve. (Sprint Nextel Corporation, 2013). History Sprint's red diamond logo represented the combined achievements of many legendary predecessors, including United Telecommunications, US Sprint and Centel. Each embraced the same bold approach that Sprint's founder Cleyson Brown showed in 1899, when the Brown Telephone Company successfully went toe-to-toe with the Bell monopoly in Abilene, Kansas.By the mid-1970s, the company's aggressive growth strategies had firmly established it as the nation's largest independent local telephone provider. (Sprint Nextel Corporation, 2013). During the 1980s Sprint led all U. S. telecom companies by completing the first nationwide, 100% digital, fiber-optic network. It was The Company that gave America pin-drop clarity and also became a global leader in voice and data services during the early 90s. Sprint took its wireless strategy a big step further in the late '90s by building the only nationwide PCS network in the U. S.Meanwhile, a visionary entrepreneur named Morgan O’Brien founded a company called Fleet Net in 1987. This company was renamed Nextel in 1993 and rapidly established itself as a nationwide force in the burgeoning world of wireless communications. In September 1996, the company introduced Motorola's breakthrough iDEN technology. This marked the first combination of enhanced digital cellular, two-way radio and text/numeric paging in one phone – the famed Nextel phone. (Sprint Nextel Corporation, 2013). By 2005 the company was launched as Sprint Nextel Corporation after a merge done between the two, Sprint Corporation and Nextel Corporation.Both companies with proven records of successful achievements were brought together to continue opening new doors for cust omers and the industry. (Sprint Nextel Corporation, 2013). Stakeholders A stakeholder is defined as a party that has an interest in an enterprise or project. The primary stakeholders in a typical corporation are its investors, employees, customers and suppliers. However, modern theory goes beyond this conventional notion to embrace additional stakeholders such as the community, government and trade associations. (www. investopidia. com, 2013).Going forward in the discussion let’s take a look on Sprints Internal and External stakeholders. External Stakeholders Sprint engages a broad range of Non Government Organizations (NGOs) that have experience on specific issues such as green electronics, paper certification, e-waste, human rights and scope 3-emissions measurement. Each Corporate Responsibility working committee seeks to establish relationships with one to three NGOs and/or investor stakeholders for dialog on the related issue as well as strategy, proposed policy, measurem ent and reporting.These relationships have been invaluable and have resulted in more knowledgeable team members on the working committees and stronger, more comprehensive policies that incorporate the perspective of stakeholder partners. (Sprint Nextel Corporation, 2013). Internal Stakeholders Sprint uses a multi-tier Corporate Responsibility (CR) Governance Model that effectively incorporates all levels of the employees, ensures tight linkage with their operations and strategy, and drives accountability for performance against their CR operating priorities and long-term goals.The structure includes the CR Steering Committee, chaired by CEO Dan Hesse; the CR Leadership Committee, chaired by Ralph Reid, vice president of Corporate Responsibility; an External CR Stakeholder Panel; CR working committees; and a CR scorecard. The CR Steering Committee provides periodic updates to the Sprint Board of Directors about Sprint's ongoing efforts in the area of social responsibility and environ mental sustainability. (Sprint Nextel Corporation, 2013). SWOT Analysis Strength One of Sprint strengths is their Average Revenue Per Unit (ARPU).The company has the higher ARPU within the three largest telecommunication companies in the U. S. An advantage of 2. 6% and 2. 1% increase over AT and Verizon’s ARPUs respectively, from 2010 to 2011, put Sprint finishing the 2011 fiscal year with a $57. 3 ARPU. These results came with new strategic plans implemented to acquire the rights to offer the Apple’s iconic models of smart phones the well known Iphones. Also in the postpaid, by the second quarter of 2012 ARPU increased to $63. 4 thanks to a $10 premium data add on charge established to all smart phones.The increase has been registered as the best ever Sprint platform postpaid ARPU as well as the best record for any major wireless company in the U. S. (â€Å"Company Profile Sprint Nextel Corporation,† 2012) Weakness Churn rates are one of the Sprint weaknesses. These rates are the percentage of subscribers to the services that discontinue their subscription in a given time period. (Investopedia, 2013). Sprint being a significant company in the U. S. wireless communications market ended in 2011 with 55 million wireless subscribers of which 33 million are postpaid and 14. million are prepaid subscribers and 7. 2 million are wholesale and affiliates subscribers. (â€Å"Company Profile Sprint Nextel Corporation,† 2012). During four straight years (2008-2011) Sprint lost about 8. 6 million postpaid subscribers while AT and Verizon took advantage and increased their respective subscriber based. Churn rates for Sprint where 0. 48% over AT and in comparison with Verizon came up to 0. 59% over by 2011 fiscal year. This represents to investors and public that there are some issues with services, devices or networks that make them difficult to retain customers. â€Å"Company Profile Sprint Nextel Corporation,† 2012) Oportunity In this i ndustry there is always a need to improve coverage, data speeds, voice quality and to find the most efficient way of doing that. Sprint has a plan of implementing a network called Sprint Vision. This modern network will have the flexibility to manage multiple technologies in just one network. One of the primary causes for Sprints lack of growth is precisely the operation of two different networks, the formerly Sprints network and the Nextel’s IDEN network.This plan will integrate this two network technologies into one low operating cost network with more efficient ways of delivering what customers expect. (â€Å"Company Profile Sprint Nextel Corporation,† 2012) Threat In the last couple of years we have seen smartphones are made with more technology and features. These technologies make them more expensive to companies and customers. Most telecommunications companies subsidies the cost of this devices in order to make them more affordable to consumers who subscribes to their services.This is considerate a threat for Sprint because it could put at risk the balance of growth and profitability. For example, during 2011 Iphones penetration and other new devices helped Sprints revenue to increase 8% or $208 millions in comparison to 2010 fiscal year. In the mean time during the same time period equipment subsidies increased 16% or $1. 1 billion. (â€Å"Company Profile Sprint Nextel Corporation,† 2010) Conclusion After 114 years of history, Sprint has proven to be an innovative company and a leader in the telecommunications industry.It is a company with corporate responsibility compromise that conducts businesses in a socially and environmentally responsible manner. It’s based on the premise that a company is much more than the products and services it sells. (Sprint Nextel Corporation, 2013). Sprint has great possibilities to succeed in today’s market environment and increase their profitability. By using what they have learned fr om his strengths, they can set the phase to reach their goals. When we looked at the Average Revenue Per Unit they have been making, it can be established that Sprint can be more profitable than its competitors.If it can be done once it can be done every time. Even though, Churn rates weaknesses Sprint credibility to maintain its subscribers, during 2012, Sprint reported the lowest churn rates ever at 1. 7%. (Sprint Nextel Corporation, 2013). Customer service experience has increased also to best ever levels. Also the line of devices like the Iphone is helping to keep customers happy and loyal. (Sprint Nextel Corporation, 2013). Sprint Vision network will help to . reduce cost of operations of the company and will provide customers with better services.Customers should be happier and more satisfied with Sprint products and services. Profitability will also be less affected by devices subsidies since network operations will be more cost efficient. After analyzing all the information gathered, it look that might be a bright future for Sprint Nextel Corporation. References Company Profile Sprint Nextel Corporation. (2012, August 10). MarketLine, 24-29. doi:8613378D-5CF0-49B7-93F8-346EE511D261 Sprint Nextel Corporation (2013). History. Retrieved from http://www. sprint. com/companyinfo/history/ Sprint Nextel Corporation. (2013). Corporate Responsibility GovernanceModel. Retrieved from http://www. sprint. com/responsibility/approach/cr-governance. html www. alacrastore. com. (2013, January). Sprint Nextel Corporation (S) – Financial and Strategic SWOT Analysis Review. Retrieved from http://www. alacrastore. com/storecontent/GlobalData_Company_Reports-Sprint_Nextel_Corporation_S_Financial_and_Strategic_SWOT_Analysis_Review-2087-25542 Investopedia. (2013). Stakeholder. Retrieved from http://www. investopedia. com/terms/s/stakeholder Investopedia. (2013). Churn Rates. Retrieved from http://www. investopedia. com/terms/c/churnrate. asp#axzz2KsiBeGpW

Sunday, September 29, 2019

Creating a Sustainable Environment Essay

The terms Sustainable and Sustainability are used to describe many different approaches toward improving our way of life. Sustainability is a way to develop the environment without harming it, creating a system that keeps its self-feasible for future needs. Thus, sustainability means taking the long-term view of how our actions affect future generations and making sure we do not deplete resources or cause pollution at rates faster than the earth is able to renew them. Hence, if sustainability is enforced and took in action it will create a world where everyone can have fulfilling lives and enjoy a rich level of well-being within the limits of what nature can provide. Nowadays, there are many lifestyle trends that are rapidly damaging the environment and which are not sustainable. The main three lifestyle trends I am focusing on are; Children’s toys, entertainment focusing on cinema and pubs/clubs and office work environment. These lifestyle trends have a lot of unsustainable factors that can be changed and improved till year 2020. It is important that from a young age children will be taught the values of sustainability because they will inherit the world that we create today. Therefore, the stuff given to them should not damage the environment. Today there is the possibility to make sure that children’s playthings are green and healthy. Finding sustainable and less toxic toys for children is important since it can do well both for children and the environment. When buying toys it is important to look for PVC-free toys (polyvinyl chloride). PVC releases toxins into the environment all the way through its lifecycle from manufacturing to disposal. Many PVC toys also contain, chemical compounds that make the PVC plastic more flexible, which can lead to both cancer and hormonal disruption. Therefore, when choosing PVC-Free toys one will not only be sustainable but will prevent children from hazardous toxins. A better and safer alternative is to choose toys made from wood since, they are more sustainable and most importantly will last generations longer than the cheap plastic stuff. Batteries have become second nature in most toys today. Not only this is harmful for the environment due to massive battery consumption but also easily children can chew batteries which are toxic. Hence, one can easily replace these battery-powered toys by simpler toys which still are of an entertainment and fun. Furthermore, these would be cheaper and sustainable. However, for the older children that have more sense and always look for original and new toys which have the latest electronics, one should opt to look into rechargeable batteries to eliminate waste. Sometimes the most rewarding toy might not be a toy at all it might be the act of planting a tree, play catch or hide and seek. Getting children outside provides them with abundant opportunities to run around, have fun, get exercise, and learn about th e urban and natural environments around them. Outdoors needs to get revived again and children should be given the opportunity to play and enjoy more outdoors activities. Another way of being sustainable is by buying Second-hand toys because it does not mean that when a toy has been used once it would not be just as much fun the second time around. Thus, this will decrease the waist of toys which sometimes are hardly used or damaged, also these would be cheaper and one will be more sustainable. Additionally, for children sometimes is not what’s in the box but it is the box! Sometimes it is the stuff that one already has that can prove the most fun to imaginative children. Therefore before throwing the box from that new toy away, think of it as a potential arts and crafts project instead. These factors are really important and not such difficult to practice and understand. These simple adjustments are both beneficial for children and the environment itself. Moreover, the children will be grown up in well sustainable grounding and mentality. Entertainment consists of any activity which provides a diversion or permits people to amuse themselves in their leisure time. Entertainment may also provide fun, enjoyment and laughter. However, it is still important to be aware of a more sustainable entertainment environment. Thus, the challenge is to create good entertainment that sustains an audience and it is sustainable. Looking at the cinema industry there are so many things that go to waste that can be easily used more than once. Starting from when one arrives at the cinema each person that pays gets a ticket, why not making it a stamp on our hand to prove that we have paid therefore, this will eliminate the use of all those paper usage every day. Furthermore, when buying snacks a lot of packaging material is used, normally it would consist of paper and plastic which are all thrown away after usage since, most of them are not good to be recycled due to certain chemicals that are present. What a waste! So let’s entre a new cinema trend instead of a paper bucket or cups let’s replace them with plastic bowl and cups, which remains in the cinema to be reused. Why Plastic? Plastic is more safe, to prevent broken glass on the floor and since people themselves has to walk with them it will prevent certain accidents. This will be more sustainable due to less of waste and even less expenses since one will diminish the cost of buying so much packaging every year. Looking and the pubs/clubs sector one has no idea how unsustainable they are. From my own experience I work in this industry and therefore know a lot of what goes on. From the bar itself the amount of plastic thrown away every night is crazy. Why this? For safety purposes drinks are given in plastic cups to prevent having a lot of injuries during fights. However, these cups are not reused or recycled thus a plastic cup is only used for a couple of minutes and then thrown away. Therefore, replacing them with solid plastic cups which can be washed during the night and reused again is a better option which is more sustainable, more environmentally friendly and cheaper on the long run. Moreover, a lot of empty plastic bottles of soft drinks and glass bottles of alcohol and beers are thrown away in the same bin without recycling them, which is a pity because one only needs two separate bins to do so. Additionally a lot of paper made tickets are given when paying beforehand for parties. Yes, giving a ticket is the best way to prevent hassle and chaos when entering the club however, the size of the ticket sometimes is too much! Since, sometimes one can actually make three tickets from the size of the normal ticket that is normally given nowadays. If minimizing the size of the tickets one will decrease the amount of paper usage every night. Moreover, a lot of fliers are used to market other parties, fair enough marketing is important however, printing thousands of fliers and not even using half of them is a waist. Today, one can market their party through facebook, internet and even automatic mobile messages, this will decrease the amount of fliers printed which is more sustainable. What about noise pollution? The sound at the clubs is set at a very high volume that one cannot even talk to someone else because it will be impossible to understand one another. Noise pollution has an effect on our health, the extra sound can damage physiological and psychological health. Noise pollution can cause annoyance and aggression, hypertension, high stress levels, hearing loss, sleep disturbances, and other harmful effects. Then there are certain factors that can be adopted in both sectors, both in the cinema industry and the club/pubs environment. For example focusing on the bathrooms, automatic sensors can be fixed to switch on the light when entering and then switch off when no one is present. Even automatic water turn off devices can be installed to prevent water loss. Additionally, electric hand dryers with automatic turn-off system are good to prevent the use of disposable paper towels. Furthermore, it is good to use water pressure system to save water and energy by adding a water saving device for water taps in wash hands basins to decrease the consumption of water usage. These all are changes which can make a better sustainable environment. Increasing awareness on the work place about sustainable principles can encourage workers to implement sustainability principles into their own personal practices and beyond. There are also sustainable factors that can be adopted till 2020 in an office work environment. Such as using electronic mail to send memos, or route memos to staff members rather than making a paper copy for each person. One can use reused envelops for internal mail. Moreover, is better to do direct deposit instead of making a paycheque every time. Furthermore, it is essential to have a photo copier that makes double sided copies to minimize the amount of paper used every day. Also, cleaning shell be done within office hours rather than at other times which this would require lighting and air conditioning to remain on. It is also vital to encourage employees to bring their own washable mugs to work rather to use disposable cups. Also having a thermos for beverages is a good practice to decrease the use of energy daily. Additionally, it is better to use reusable containers rather than cover launches in plastic or disposable paper bags. It is also good to use a reusable cloth then disposable tissue every time one needs to wipe his/her hands. This will result to a better sustainable environment and less expenses since, an object is used consequently rather used once and then thrown away. These mentioned above are all practices that can be adopted in the future which can make the world more sustainable. If from now people will change their mentality and get more informed how to become more sustainable in 2020 people will be able to live a healthier life, a life where less money is spent, a life which helps build stronger relationship between them and their neighbours, and a life which helps protect, conserve or improve the natural environment. Children are the future, so teaching them sustainability is essential to the well-being of the planet. As a Home Economics and Textile studies teacher it is important to teach students that everything on this earth is related and demonstrated by their behaviours and actions that affect the environment. By teaching students the importance of sustainability, they will be empowered and be more convinced that even they are capable of making a difference. Moreover, in order to make students aware of the importance of sustainability, as a teacher I have to make them aware of the consequences of their actions and decisions taken know and the affect it would have in the future on the environment. Furthermore, it is important to teach students how their daily decisions can affect their ecological footprint so that they make more conscious decisions to boost the sustainability of their lifestyle. Home Economics gives the opportunity to the teacher to entre deeply in the topic (sustainability) therefore it gives us the opportunity to teach and show students the importance of sustainability and build more awareness and knowledge on the meaning and the term sustainability. Furthermore, as a teacher I can show students that being sustainable is not something that require a lot of work but only require some thought. Additionally, show students that we can be sustainable in everything that we do in our life, example trough textile studies I can encourage students to use recycled fabric and teach them how to sew simple things example; repair a zip, make patches to holes, these will prevent from throwing clothes away when little adjustments is required. Therefore it is essential that awareness and education will increase to enhance sustainability. Moreover, encouraging and stimulating good practice in the use and management of natural resources, in particular their minimal use and maximum reuse by recycling in an environmentally sustainable manner is a vital issue. Hence, Education is an essential tool for achieving sustainability.

Saturday, September 28, 2019

The Science Fiction about Robotic Mission Essay

The Science Fiction about Robotic Mission - Essay Example In particular, the sun has been studied to explore sun’s features link the black-holes that space exploration has revealed as fascinating blacks spots to which no information exists and it is believed that even information cannot escape from them (Gao, Sun & Jing, 2014). As such, a journey to the exploration of the sun and its obits also has some profound effects on the environment since the space activities pass through important or crucial transitional areas above the atmosphere including the ozone layer whose interference has the potential of jeopardising the entire environmental characteristics of the earth’s atmosphere (Lilenstern & Bornarel, 2005). Therefore, this science-fiction story explores the journey to the sun to explore black holes and as such discusses some of the effects of such events on the earth’s environment. The solar system is a collection of many stars orbited by planets, but the most prominent feature is the sun as undoubtedly the largest object within the solar system. The visible layer of the Sun is the photosphere, with the temperatures as high as 6,000 degrees Celsius (Lilenstern & Bornarel, 2005). The solar energy is created within the sun’s core where the conditions favor nuclear reaction. At the sun’s core, the nuclear reaction causes the fusion of hydrogen nuclei thus forming helium nucleus or an alpha particle.

Friday, September 27, 2019

FIFA Case Study Example | Topics and Well Written Essays - 3000 words

FIFA - Case Study Example Football is normally governed by a worldwide body. This is called the FIFA. In the year 1930, the first world cup finals were held. This was done in Uruguay. After this the next world cup finals were held in the year 1994.This was held in the United States of America. In the past, FIFA never used to allocate the world cup finals evenly. Recently FIFA decided to give equal considerations to every FIFA confederations. FIFA has got 204 members who are quite ambitious who have highly contributed to this. This organisation has really expanded in the resent past. In the year 2006, the word cup finals were held in Germany after the members voting. 1 FIFA usually has presidential elections and the aspirants are the ones that that offer this improvements. The one that was in Germany was supposed to have been held in South Africa but it brought in many accusations concerning intimidation. There is a high probability that the finals will not be held in Europe any soon, maybe until the year 2020.It was noted that there were huge costs incurred in hosting the 32 national teams when the world cup final were held in Korea and Japan. FIFA increased the amount of money it is offering to world cup winners .This was by 70% increased. This was effective in the year 1998 when this amount was paid to France after winning the world cup finals. ... There is a high probability that the finals will not be held in Europe any soon, maybe until the year 2020.It was noted that there were huge costs incurred in hosting the 32 national teams when the world cup final were held in Korea and Japan. FIFA increased the amount of money it is offering to world cup winners .This was by 70% increased. This was effective in the year 1998 when this amount was paid to France after winning the world cup finals. Initially, each team that participated in the world cup finals used to be paid 400,000. Each game that is played in the tournament was attracting 550,000.FIFA is now paying 2m to each team that participates in the world cup games even if it doesn't succeed in the initial group games. There are chances that FIFA could pay the winners an amount of 5m.This will depend on several factors. It includes the number of sponsorships that the world cups will attract and the amount rose by these finals in general. World cup finals were in the past hosted by Japan and Korea. This was tricky because the two nations have their own differences and have tense relations. These differences are in the social development, cultural and economic sectors. Regional discord could very much be promoted by the world cup finals in the two nations. 2.0 FIFA This organisation was founded in May 1904.It is the Federation International de Football Association in full. The nations that signed the act of foundation include; Sweden, Spain, Denmark, France, Belgium, Switzerland and France. At the start of the twenty first century, the first official matches under this organisation took place in Europe. The intention of starting up this organisation was to understand the role played by English in the matches. Netherlands Football Association's secretary got

Thursday, September 26, 2019

The Volcker Rule and its Consequences for the Financial and Banking Essay

The Volcker Rule and its Consequences for the Financial and Banking System - Essay Example Federal Reserve has publicly announced that the banking system of US does not need to accept and operate according to the rule before the month of July of 2014 but the banks will have to conduct the process of â€Å"good faith planning efforts† to get ready to accept the rule in the future and during the temporary phase. As banks and the financial system is still not aware of the bans that will be levied, there will be a cloud of uncertainty that these systems will experience for two years (Ciro 2012). These systems are experiencing ambiguity in understanding what does the Federal Reserve means by good faith planning efforts. The ambiguities are making condition worse thus decision makers should make the scenario clear and present the effects of the rule on US and other nations. The cloudy situation was made clear when a draft of the regulation was prepared and this draft consisted of details regarding the services offered by financial system and the way these services are use d by the common public. The situation is still quite unclear for financial institutions as even the draft wasn’t clear enough to identify the effects that the rule will have on financial sector. The European Union and other countries have even showed concerns as they expect that the rule will decrease the liquidity in world financial markets, thus it is quite clear that the rule will impact the financial systems negatively. Body The delay in implementing and clearing the effect of the rule may not help the banks and make situation worse as banks do not have the correct idea of when the rule will be implemented and banks will have to accept the rule legally regardless of whether they understand its effect or not. Legally it is stated that those banks that have operated in good faith effort during the temporary implementation phase will experience less problems in complying with the actual rule. The policy makers should make the scenario clearer instead of making the financial system of US and overseas operate according to their own guess work. The delay is making the financial system take decisions under ambiguous situation which is already hurting the system. Volcker Permitted Bank Activities According to the rule there are certain permitted activities that can be performed by the banks, these activities comprise of banks acting as market maker, underwriter, hedger, deals of government securities and other activities that are stated under the act as permitted activities. These activities have been permitted to ensure that banks continue to provide liquidity to the markets and help companies in raising capital. But these activities have been restricted to ensure that banks do not cross the line and the funds with the bank do not become unsafe. If the permitted activities cannot be conducted in a safe environment and without risky conditions, then the federal system has the right to barge banks from conducting such activities or increase charges and fines on these activities so these activities become unfavourable to the banks. The activities that have been stated as acceptable in the rule are done on the basis that the bank conducts these activities for the customer and only to meet the short term demands of the customers. Rule Effect The Volcker Rule has received its name from the Paul Volcker who was the Federal Reserve Chairman during the period of the financial crises of 2008. The

Wednesday, September 25, 2019

Preparing Students for Work and Prior Learning Assignment

Preparing Students for Work and Prior Learning - Assignment Example The research analyzes the necessity for schools and universities to change the way of teaching in order to prepare their students for their future careers and supply them with a set of necessary skills. The works indicates two polar views on the educational system: one is negative, the other one is positive. The author claims changes should be done at all levels of education. Schools need to prepare students broadly for work and provide work experience opportunities. They should ensure that their employment engagement interventions offer career advice to the students. The writer also describes the program called The Prior Learning Assessment and Recognition (PLAR). It refers to evaluating informal learning that has occurred outside formal academic environment. This learning process assists individuals to identify what they already know and what they need to know in order to achieve whatever they desire. In conclusion the author states Universities need to take into account prior lear ning to enable students to enhance their image, and increase students’ placement in programs. PLAR promotes individuals’ self-esteem as it recognizes their previous learning accomplishment. Prior learning also validates appropriate learning and important skills acquired through life or work experience. Applicants for PLAR need to provide evidence by providing appropriate certificates, resume, and references from employers to prove that they have indeed acquired the necessary skills and knowledge. PLAR has proved to be an important initiative in education system.

Tuesday, September 24, 2019

Flexibility in Education in order to cut cost in college. E.g allowing Essay

Flexibility in Education in order to cut cost in college. E.g allowing students not to take classes not related to there major and still graduate - Essay Example Community colleges also have a reduced cost of tuition, as they charge a fraction of what regular colleges charge thus the debt incurred by students is low. Another way of reducing the cost of college education is allowing for dual enrollment programs where students do not have to go through all their classes in college. It also reduces the workload on the students by removing unnecessary requirements that only bloat their duties as students. This can be done by colleges cooperating with high schools in order to accumulate credits and higher placement in college. With this option, students will not have to go through the burden of classes as some of the courses will have been covered in high school. Joining college with early credits, cuts costs by an enormous margin and the advanced placement cuts the number of classes that one has to attend (Vedder et al. 8). Furthermore, colleges can offer reduced time to students to complete their degree programs. This is by offering 3-year programs instead of four by streamlining the curriculum significantly (Vedder et al. 26). Reduced amount of time in completing a program can be done by offering online courses, summer sessions and taking increases credit hours per semester. As a result, students will end up saving their finances and time for other productive purposes. This is unlike having a 4-year program in which students pay dearly for each semester, and the cost at the end of the 4 years is enormous. In addition, eradicating unnecessary programs also cuts the cost of college education by removing courses that bloat the curriculum.

Monday, September 23, 2019

Article Review Example | Topics and Well Written Essays - 500 words - 11

Review - Article Example g tool of promotion, but it has provided a wide platform of online market between the consumers and sellers in selling and purchasing of goods and services. Unfortunately, with infinite quantities of information being published on the internet, the protection of intellectual property rights has been introduced in order to protect various brands and products from unscrupulous vendors. Notably, the countries around the world have been striving to best utilize the technological advancement. Among these countries, Canada has efficiently been able to take benefits of e-business, as the country is witnessing an increasing trend of business transaction based on electronic links and data exchange between the sellers and the customers. Accordingly, it was reported by Statistics Canada in its ‘Internet use survey’ that the people of Canada are making greater and more diverse use of the internet and in 2010 nearly 79 percent of the Canadian household had internet access, while 81 p ercent in metropolitan and 71 percent in rural areas possessed internet access (The Economist Intelligence Unit Limited, â€Å"Intellectual Property and E-Commerce†), Intellectual property includes creation of mind such as names, symbols and designs that are used in e-business or in general commercial activities as well as artistic works. There has been a number of Acts being enacted to protect these e-business intellectual property including the patent rights, Trade Marks Act, Industrial Design Act, and Copyright Act among others. These require the inventor to register patents, symbols, designs, music and artistic work with respective Acts or the agencies dealing with such activities. Any infringement relating to intellectual property permits the licensers and the licensees to sue against the third party under the Canadian intellectual property rights (The Economist Intelligence Unit Limited, â€Å"Intellectual Property and E-Commerce†), Privacy is a major issue which is concerned with the

Sunday, September 22, 2019

Self awareness and career development Essay Example | Topics and Well Written Essays - 2500 words

Self awareness and career development - Essay Example This theory explains the need of self awareness and how it will be useful in leading a better life. According to this theory, one can develop interpersonal skills. A person should co-operate with his team members and must be a good team player. If a person following Holland's theory will have a strong career and will find it easy to develop his skills. This will help in minimizing the problems with in colleagues. This theory will guide in enhancing one's personality in terms of his behavior, skills and growth in career. Without self awareness, a person cannot progress in career, as they find it difficult to move well with others and unable to carve a niche for himself. Holland's theory of career development comprises of two categories that helps in achieving careers that are stable. Aim of his theory is to enhance people's interests and help them pursue in their career which leads to success. According to Daniel Goleman(1995), emotional intelligence plays a vital role in self awareness and career development. Emotional intelligence sharpens one's attitude of analyzing others. (Goleman 1995). This theory Emotional intelligence helps a complete organizational process, right from the selecting a candidate, conducting test and interviews and appointing him in a correct job. It takes care of client's service and the client's relationship with the manufacturer. Almost all the organizational activities can be done in a perfect manner by following this theory. Theory on emotional intelligence can be used to know the abilities and capacity of an employee. This paves the way to a successful career. Major disadvantage is, this theory fails to concentrate on the behavior and elements like a person's character. Possessing a good emotional intelligence and not having interpersonal skills will not help in getting a good career. Instead a person must have both these skills to be sure of his career development. As mentioned by Goleman (1995), there are two categories of emotional intelligence. One deals with self understanding in terms of behavior, realization of one's goals. The second category emphasizes on knowing other's feelings and behavior. The important concept of this theory is self motivation, managing and understanding own emotions. Relationship management and managing other's emotions are also a part of emotional intelligence theory. All this in turn leads to self awareness and enhances social skills too. By increasing the emotional intelligence one can be more successful in his career. I personally feel that, Goleman's theory concentrates only on emotional aspects, but in lacks in describing the situational aspects. Though behavior is an important part, knowing only that is not sufficient in developing self awareness. This theory is useful only to understand our own behavior. As mentioned by Albert Bandura (1995), self efficacy is one of the major qualities one should definitely possess. Efficacy is, having a trust in oneself and faith in his abilities to control and manage. One should believe in his talent so that he can excel in his life. (Bandura 1995). In a problematic situation, how a person reacts and behaves also comes under efficacy. One can have a control on his behavior and is responsible for his normal

Saturday, September 21, 2019

How I Reach My Dream Essay Example for Free

How I Reach My Dream Essay As human being, all of us have dreams needs to achieve them. The poor people have dreams and the rich people as well. Dreams are the most amazing thing in the life. We all love to dream to hope and see ourselves going to be better and better each day. However, I know some people may say that dreams are hard to follow and it’s impossible to be real. But that’s actually not true, because our dreams are in our hands. We are the ones that can control them and makes them real. For me, I was looking up to many things during my life like; learning English, and I am good at it and completing my higher degree. I will show you how I reach my dream and became true. In 2005, when I graduated from high school, I was planning to major in Computer Engineering at King Fahd University or King Faisal University, but my accumulative GPA was not what they are asking for. Therefore, they didn’t accept me. I felt like I had the worst luck ever. After a few days my friend informed me that I have been accepted in College of Technology At Dammam. I was more than happy, because I can get my diploma degree. I studied English language and Math in my first year. I did a great job, so they approve my major as Computer Engineering. But, I was depressed at the beginning because this college didn’t have Bachelor Degree they only have diploma degree. However, having diploma degree is better than nothing. After I graduated from College of Technology At Dammam In 2008, I started looking for a job for about three months. Finally, I had been accepted in Tide Company. The offer told me that I have to work as IT Helper for 8 hours from Saturday to Wednesday. Working in a company as helper is not my dream. However, I have no other choices. So I worked for this company to have experience and to save money as well. I really got a huge experience from coworkers and I used to love my job. Unfortunately, a huge problem occurred between the supervisor and me. The supervisor did not give me a recommendation to raise my salary. However, I was working hard for Tow years and half. I sat at home for more than a month thinking about the old thought and what I suppose to do. Although, my mother doesn’t write and read she said you have to make the right move I asked her HOW? She said you want to become an engineer don’t you? So, why don’t you go to Canada to complete your study? I will be proud of you. I felt like yes this is my chance. I talked with my father about going to Canada to study and he encouraged me to do it. So, he promised me to help me as much as he can. I applied for ELS English Language Center. Then I filled out the VISA application and after two weeks I got the Canadian VISA. I arranged everything to travel and I sold my car. The last day for me in Saudi Arabia with my family was difficult. I hate to say bye to whom I love. In the morning, I went with my family and my colas friends to the airport. My flight was like this from Dammam to Qatar, then from Qatar to Toronto. It was too long; the total duration is 16 hours. Finally, I arrived to Toronto to study English. I studied for one year in Toronto to complete my English program. When I have done my program, I applied for the IELTS Test. After 15 days I got my scare. I did a greet job I got 5 in the IELTS, after that I decided to came to the United State. At the same month I applied for The ISU and I have been accepted and they transfer all my previous credits. The life here in the United State is different, because of the cultural differences between Middle East and western countries. I had many problems, but I am truing to achieve my dreams. In conclusion, dreams are nothing but thoughts and ideas of ones mind, so set your dreams right in front your eyes and work hard for them. There is no doubt you will reach them someday. Basically, what you would like to be actually depends on you in the first place. All you need is a relentless pursuit to achieve your dreams and dont stop until you do. Through sweat, blood and tears, let nothing slow your pursuit. So, I wrote my story to help any hopeless person who belief that life will not end with the first problem.

Friday, September 20, 2019

Inflation and economic growth

Inflation and economic growth This section of the paper provides literary evidence on the relationship of inflation in the economic growth and helps in the understanding of any causal relation between them, if there exists any. We start with the conclusive evidence provided by Min Li (of the University of Alberta). We extract this support from the research conducted by Li on the Inflation Threshold Effects in the Finance-Growth Nexus and Transmission Mechanism Analysis. During the course of this research, the author examined the relationship between the inflation and the finance and economic growth, utilizing data collected from 90 countries. The authors research finds evidence of the existence of a nonlinear effect of the inflation the relation between finance and growth. The research also finds that though finance may stimulate growth at low inflation, however, the relationship does not hold beyond the threshold of 15% for inflation. The main features of this research includes the implication that the adverse e ffect inflation has on economic growth during a period of high inflation can only be controlled by improving the course of actions of all financial intermediaries (Li M. , 2007) The findings of the research show a strong positive and a significant relationship between finance and growth. However, as far as the effect of inflation on this relationship is concerned, there is little accord, and a threshold is agreed to be an existing component in the theory. This implies that as the inflation rises above a certain threshold level, which is estimated to lie between 14-16 %, the positive finance-growth relation weakens. The research also implies that the cost of inflation can be be said to have been derive by the management capabilities of financial intermediaries with regard to accumulated capital. The paper examines the productivity of capital in a high-inflation environment, concluding with the findings, which provide evidence on the existence of a robust non-linear relationship between inflation and the productivity of capital, and also identifying it as a causal relationship in a way that inflation has adverse effects on the productivity of capital. (Li M. , 2007) In another research, in which Li talks about a general agreement among economists upon the problems caused by inflation, an examination of relationship between inflation and economic performance has been brought into play. in contrast to the other research that, examines the adverse effects of inflation on the capital productivity, the author attempted to shift the focus to economic performance and its relationship with inflation. This research, Inflation and Economic Growth is collected from a data of 90 countries that are developing and 28 developed countries besides them, over the period of 1961-2004 in order to extract relevant evidence on the target relationship analysis. According to Li, in this research, the evidence provided buy the research findings supports the concept of the existence of a non-linear relationship between inflation and economic growth, not unlike capital productivity. (Li M. , 2006) However, a detailed study revealed that this result varies between developed and developing countries in terms of nonlinearity in the proposed variable relationship. The findings of the research lead to shaping of important phenomena pertaining to relationship between inflation and performance. Li claims that at lower than first threshold, of the two identified, level of inflation, the effects of inflation on growth are not significant and are positive. at moderate rate, between the two levels the effect is significant and negative and above the second threshold the marginal impact of additional inflation vanished from the growth but the relationship is still found to be negative. This can only be said for the developed countries, where only one threshold is to be found which has proven to have any significance. Thus according to the non-linear mechanism that follows , the magnitude of the negative impact that inflation has on the growth falls with an increase in inflation while at l ower than moderate level of inflation, the effect is even positive on the level of investment (Li M. , 2006). Li concludes her research with the findings that consistently support the nonlinearity of relationship between inflation an economic growth or performance. Li, also finds that the policy makers should not keep inflation rate at zero as single digit inflation does not hinder rather even stirs up economic growth. Furthermore, a hyperinflation, the one that surpasses beyond the second threshold level, does not have a an even worse negative impact on growth, rather the marginal impact actually falls with increase in inflation level. Thus controlling a moderate level of inflation should be a countrys primary goal pertaining to inflation (Li M. , 2006). The discussed literary findings proceed with the impact of inflation on the capital accumulation and the economic growth. Winding its path along other literature contents, the study of inflation effects on the economic growth finds its way into a research conducted by M. Ali Kemal in Is inflation in Pakistan a Monetary Phenomenon? during the course of conducting research, Kemal attempted to analyze and identify the impact that other factors, specifically change in money supply, would have on the rate of inflation. Kemal found that an increase in money supply over a long period leads to high inflation. The concluded research of Kemal, besides having relevance to our research, provided a decent level of support to the quantity theory of money as well. Thus empirically coming to a conclusion, Kemal claimed that inflation is indeed a monetary phenomenon. In order to study the impact of inflation on economic growth, it is pertinent that we examine the effect of other factors on inflation as well and employ it in enhancing our understanding of the important of inflation in the growth process. According to Kemal, a change in money supply effects the rate of inflation in the long run. Since the Quantity Theory of Money also holds in the long run, this led him to believe and later on evidently prove that inflation is a monetary phenomenon (Kemal, 2006).Kemal argues that money supply does not have an immediate impact on the price levels. on the contrary, a change in money supply would start indicating any affected changes in the price levels with a lag of about 9 months time. The study conducted by Kemal, emphasize the efficiency of the system that the money supply works through, showing that it takes less than a year to convey an induction. However, it also points out that once a stir up takes place, the system takes it time to achieve equilibrium state again under the circumstances that the induced change works it way from a change in one the three variables which include GDP, money supply and prices. In the short run, the impact of a change in money supply on inflation in not instant. the effect seeps through the system to actually induce any change with a lag of at least a period of 3 quarters (Kemal, 2006). Having had proven that inflation is a monetary phenomenon through evidence provided by Kemal, we move on towards the research conducted by Abdul Qayyum who, in his study Does Monetary Policy Play Effective Role in controlling Inflation in Pakistan, has conducted a research in the light of the data available for Pakistan in order to get a clearer understanding of monetary Policy framework and the extent to which and how it controls inflation specifically in Pakistans economy. this includes a number of factors that are a source of rise in price level like wages, exchange rate, external shocks, depletion of natural resources, taxes etc. wheat prices have specifically been allegedly been known as the cause of the increasing inflation in Pakistan (Government of Pakistan, Various Issues). Following what Abdul Qayyums research study , we found through the inflation control in not a recent phenomenon, but a topic of interest and of utmost importance since 1970s. there have been many debates regarding the causes of inflation however, controlling it is an collectively agreed topic of prioritized importance among economists and policymakers. which makes it central banks responsibility to control inflation, since central controls monetary policy and inflation is deductively a monetary phenomenon. The thing that most intrigued in Abdul Qayyum in this regard was the effectiveness of monetary policy in controlling inflation. we observe from the data provided for Pakistan that whenever the money supply target was controlled the inflation was controlled successfully (Qayyum, 2008). However, not too many rare occasions like this have occurred and due to the absence of coordination between the government and the central bank, the implementation of monetary policy has lost its effectiveness. Other problems have risen as well and the monetary policy has been experiencing inconsistency in reaction time along with ineffectiveness, nevertheless, we have evidence enough from the recent years of the effectiveness of monetary policy in controlling inflation by observing that when SBP failed to control the money supply , it consequently failed to control the rate of inflation within the target levels. If worked out efficiently it produces outcome effectively (Qayyum, 2008). Another study Does Volatility in Government Borrowing Leads to Higer iInflation? conducted by Adnan Haider and Safdar Ullah Khan analyzes the impact of volatility in the borrowing of the government from the central bank on the rate of inflation that persists domestically in Pakistan. The findings of the research study that was conducted for the sake of examining the sensitivity of inflation rate to volatility in government borrowing, indicate that there exists a relationship between the two especially in the long run. The research was conducted in the light of supporting fiscal dominance hypothesis in the determination of in inflation in Pakistans economy (Haider Khan, 2007). The result enlightens us with very important piece of information pertaining to the relationship, in connection with the fiscal dominance hypothesis, between the two variables; volatility in governments borrowing and the inflation rate. Its indicates that a significantly strong relationship exists between the two. even in the long run this relationship holds significantly. According to Haider and Khan, the estimated coefficient implies that one standard deviation change in volatility in borrowing from the central bank leads to a change of 8.5% in domestic inflation. specifically it indicates a relationship but not the direction or the causal dynamis of the relationship. these findings lead us to posession of evidence relationg to the importance of monetary policy in affecting inflation which in turn effects the economic growth (Haider Khan, 2007). Pertaining to the factors that affect the inflation, political stability goes hand in hand in holding equal importance with regards to being a factor determinant of the inflation in an economy. Safdar Ullah Khan, together with Omar Farooq saqib conducted a study Political Instability and Inflation in Pakistan, to investigate the impact of the instability in government and political situation in the country on inflation rate in Pakistan. The results are implies in terms of monetary model and in terms of non monetary model. In term of monetary model, results conclude that the monetary determinants effect inflation marginally and they are dependent upon the political situation of the country. (Khan Saqib, 2008) In non monetary terms, Adnan and his associate found a positive relationship between the variables; political instability and inflation. The analysis was done on interactive dummies that represent political instability and induce high inflation. The research may, however, also lead us into believing that inflation is a non monetary phenomenon due to its strong affiliation with changes in government infrastructure and political crisis. It may also lead to an implication that government crisis rather than oil prices are responsible for the high inflationary pressure. Nevertheless, we observe a lack of significant research studies relating these two variables and given the high volume of political unrest in our country in the recent years (Haider Khan, 2007). In his other paper, Qayyum attempted to examine the link between the excess growth in money supply and inflation in Pakistans economy, investigated the soundness of the theroy that inflation is a monetary phenomenon. Qayyum conducted this research to come with an outcome that indicated that there is a positive alliance between inflation and money supply growth. The way the implication of the research went about is that the growth in money supply at first affects the GDP which in turn affects inflation. This further indicates and hence, implies that money supply growth is a factor contributor in rise of price level. Thus money supply affects inflation and we can deduce from this implication that inflation is after all a monetary phenomenon , which is controlled by monetary policy and can be controlled by tight monetary regulations (Qayyum, 2006). The validity of the theory has been confirmed by the study conducted consisting of tests and analysis by Qayyum and therefore its stands safe to assume that money supply is one of the key determining factors of inflation in Pakistan. To find the relationship between money growth and inflation, Qayyum estimated the relationship between the rate of inflation, money growth, growth in real income, and growth in velocity in Pakistan for the data provided covering the 1960-2005 period. An important conclusion that surfaced from this research was that there exists a significant relationship between the variable; inflation and money growth proving that the growth in money supply is a vital contributor to the rise in inflation. Furthermore, even the recent act by the State Bank of Pakistan to tighten the monetary policy, supports the theory that inflation in Pakistan is a monetary phenomenon. (Qayyum, 2006). The same argument was made by Wasim Malik in his study Money, Output and Inflation that the effect of changes in money supply seeps into output through inflation, however, with some lags. And through a series of tests Malik found that above hypothesis cannot be rejects owing to its strong and valid stance. Malik claims that the three possible argument can explain the high inflation in history including monetary policy, supply side factors and foreign inflation. tests however show that effect monetary policy transfers into inflation with a lag of half a year and then takes another year to reach the peak. The reason why this happens can be explained by two possible situations, according to Malik; First, central bank focuses on future targets more than on the previous trends while deciding on the money growth and second, th central bank does that out of fear of losing higher growth (Malik, 2006). Having analyzed the research studies, that examine variables affecting inflation and rendering it a monetary phenomenon and we come back to our literature review in examining the literature contents that would help us find material evidence on the importance of inflation and its relationship to growth. So far conclusive researches conducted by Min Li have been very helpful and have been supporting our expected findings smoothly. This brings us to reviewing a research by Vikesh Gokal and Subrina Hanif on Relationship Between Inflation and Economic growth. These authors work their way through research with the initial observation that show the many developed countries have a predetermined goal of achieving high growth and maintaining it side by side with a low inflation rate. This inspired them to carry on with their research given o much importance that it holds in the economy. The nature of relationship that exists between inflation and growth has been a debatable topic for quite some time. The authors have reviewed different theories on the inflation-growth relationship including those that are Classical; emphasizes on the need to save and invest for growth purposes, Keynesian; emphasizes on the critical role of monetary growth in changing inflation rates and Neoclassical; emphasizes on the impact the inflation has on capital accumulation and investment. The paper also reveals the findings of other research studies conducted n this filed and incorporating their results to conclude their own research, testing whether a momentous relationship exist between the two mentioned variables (Gokal Hanif, 2004). Contrary to what Li found later on, Hanif and Vikesh found there, to be a weak correlation between inflation and growth. Also the causality was found to be running from GDP to inflation. These results were in accordance and derived from the review of other research studies conducted by authors before their own time. According to Michael Sarels inflation impacted a negative growth after 8% (Michael Sarel, 1996). In another research authors found the threshold of inflation in industrial countries to be around 1-3% and in developing countries o be 11-12 % (Khan; Senhadji, 2001). These findings led the authors of this paper to conclusions that the two variable; inflation and growth has weak negative correlation and the causality ran from growth to inflation rather than what was proposed and found by Li later in time (Gokal Hanif, 2004). Following the course the was led by Gokal and Hanif, Chimobi conducted a study in Nigeria to follow a similar suit of finding any existing relationship between inflation and economic growth, but his study was specific to Nigeria. Chimobi found, as a result of the study he conducted based on the data for Nigeria inflation and growth over the period 1970-2005, that there was no co-integrating relationship between inflation and economic growth for Nigeria. The second attempt the author made in his research as to determine the causality of the relationship between inflation and economic growth. Conclusively a unidirectional causality was found between the variable running from inflation to economic growth that were in orderly support of what Min Li found, however quite the contrary to what Gokal and Hanif proposed (Gokal Hanif, 2004). This was an indication implied by the empirical evidence that a relationship does exist between inflation and economic growth and inflation indeed does ha ve an impact on economic growth (Chimobi, 2010). However it was not concluded whether the relationship that existed between inflation and economic growth was positive or negative for Nigeria. We can only deduce from other studies that have been reviewed in literature that inflation has never had a favourable impact on the economic growth outcome (Chimobi, 2010). This shall be covered in the discussion to come. A study estimate of the threshold level of inflation in Pakistan was covered by Yasir Ali Mubarik in his research on Inflation and Growth. According to the research conducted by Yasir, a finding surfaced that showed that threshold level of 9% exists in Pakistan beyond which inflation will be rendered harmful for economic growth (Mubarik, 2005). Having put the home dataset through causality test and then analyzing it for sensitivity for inflation and economic growth the research concluded the some findings that include the existence of a relationship between inflation and economic growth. Since a threshold level was determined , any impact of inflation on economic growth, whether negative or positive, is still considered as a relationship between the two variables. Another finding that was deduced was that there existed a unidirectional relationship between the variables running from inflation to economic growth. Since inflation was found to have a negative impact beyond a threshold level on the economic growth, therefore, the relationship was taken to be causal running from inflation to economic growth and not vice versa. the research conducted however did not specify a lower level of threshold below which economic growth would not occur. Regardless the research poses as an important conclusion for the policymakers (Mubarik , 2005). A study analysis of Relationship between inflation and growth is performed by Erbaykal Okuyan in their study Inflation in Pakistan in which the relationship between the inflation and the economic growth in Turkey has been examined for the data covering the period of 1987-2006. Through their research they discovered the existence of a long term relationship between the two variables; Inflation and economic growth in turkey. Using the causality test used by Toda Yamamoto, Erbaykal Okuyan examined the causality relationship between the two (Yamamoto, 1995). However, they found no causal relationship between the two variable from economic growth to inflation but they did found a causal relationship from inflation to economic growth. implying the inflation has an impact on the economic growth (Erbaykal Okuyan, 2008). Khan Schimmelpfennig, in this paper observe the factors that help forecast inflation in Pakistan and explain it. The research conducted by Khan Schimmelpfennig emplys a simple inflation model, which includes standard monetary variables (money supply, credit to the private sector), an activity variable, the interest and the exchange rates, as well as the wheat support price as a supply-side factor to estimate the forecast while indicators like private sector credit growth and broad money growth are considered effective for inflation forecast which can be used for future developments pertaining to inflation. The results found empirically during the course of the research conducted by Khan Schimmelpfennig show that monetary factors are good indicators of inflation, since inflation is a monetary phenomenon (Khan Schimmelpfennig, 2006). Thus, according to Khan Schimmelpfennig, the two key variables that explain inflation developments are Broad money growth and private sector credit growth. In order to control Inflation in Pakistan and thus spur growth ,price stability should be the prime objective of the SBP. With monetary policy in action, the exchange rate shall no longer be able to offset the effect external shocks on the economy which leaves the SBP with nothing but to maintain price stability, which will ultimately prove to be the best policy contribution for sustained growth. The course of the research provided us with results that show that in the short run, there may not be a trade-off between inflation and growth, however, in the medium- and long-run, it blissfully exists. Moreover the authors argue that monetary policy should be more concerned with core inflation because given the volatility in some part of CPI, food prices and energy prices, core inflation is a better measure of underlying trends of infl ation than headline inflation. Furthermore, the authors conclude that even though core inflation is the right tool for monetary policy, nevertheless, the SBP must keep a watch over headline inflation. (Khan Schimmelpfennig, 2006).

Thursday, September 19, 2019

The Physics Behind Parking :: physics science cars vehicles

Background: After a long day of cruising through town with your buddy, the two of you have grown quite an appetite. You spot a McDonalds at the top of a very steep hill. Unfornately a local biker gang must of had the same idea. Encredibly, the only available parking spot is on the street, uphill of nearly 15 Harleys. There are no other restaurants for 100 miles in all directions. Famished, your friend skillfully manuvers his car to the side of the road. The breaks shudder as the car comes to a stop on the hill. He holds the brake, puts it into first, and shuts off the car. Problem: Biker's don't take kindly to people messing with their bikes. Your friend is about to let off of the brake. Being the physics major you are, you have to decide whether it's safe to park or safer to go hungry. Your friends car is pretty old, and the e-brake hasn't worked for years. The car will be held in place solely by the moter. There are two mean looking bikers smoking outside entrance. They are watching you so there probably wouldn't be time to make a run for it. Known What You Know: Your buddy's car is classic, and I'm sure he would want to make more than an educated guess. I've done a little investigating to help you out a bit. I took a torque wrench to the motor, and resists it resists aproximately 46 ft*lbs of torque at the crankshaft. After the compression bleeds down this number is reduced to 38 ft*lbs. The cars rear differential has a 3.73 to 1 gear ratio and a manual transmission with a 3.35 to 1 ratio in first gear. The tires are 28 inches in diameter and the gross weight of the car is approximately 2100 lbs. The hill is often travelled by truckers, and on the way up you noticed a sign that said the hill was at a 26 degree angle with the horizontal. Summary: When the car is at rest this means it is in a system of static equilibrium. Gravity is pushing forward on the car, and the tires are pushing back on the car via the reaction force of friction in the motor. The steeper the hill, the greater the force of gravity acting on the car, the greater the reaction force in the motor must have. As stated before, the maximum torque that can be applied to the motor before it rotates is 38 ft*lbs.

Wednesday, September 18, 2019

Desires for freedom :: essays research papers fc

Desire for Freedom and Desire for Limitations on Freedom   Ã‚  Ã‚  Ã‚  Ã‚  People have the desire for freedom as well as a desire for limitations on their freedom. Freedom and the limitations on freedom are both needed to live peacefully. Absolute freedom cannot be achieved because when you take away limitations you take away a freedom. With out rules governing our society, people would be able to do what they want to each other with out fear of punishment. An examination of the advantages and disadvantages of both arguments helps this become clearer. One of the major reasons freedom is so desirable is because many of the limitations on freedom are disallowing humans the right to have control over their bodies. Control of the human body is the only thing that people have power over. A large number of the prohibited freedoms are crimes where the criminal makes himself the victim. For example, the use of drugs, prostitution, suicide, vagrancy, minor in possession, dodging the draft, entering the country illegally, and disregard for the age limits set on the purchase of pornographic materials. All of these crimes are punishable under the law. These crimes are set apart from most others because the person willingly chooses to victimize themselves (An exception can be made sometimes in the case of prostitution if they are being forced to prostitute against there own will). What people choose to do to themselves, in my opinion, is the least of our worries as a country. The last thing the government should have control over is what you c hoose to do to yourself. As long as you are not directly harming anyone else in the process, the government should not waste their time and money on something that is so trivial in comparison to crimes involving a victim. In general, people do not agree with the government controlling what they can and cannot do to themselves. It should be no one's decision but the people if they want to be homeless, drug addicted, or a prostitute. As long as the only damage done affects the self. These laws only exist in response to popular demand. An immense amount of money, time and labor goes to waste dealing with these types of crimes. It would be a lot more productive and profitable to let people have rule over what they do to our bodies. There is no reason why we need to put this much energy into people who will rid of themselves for us.

Tuesday, September 17, 2019

Nature Versus Nurture: Both Play a Role in Development Essay -- child

Nature versus nurture is a commonly debated topic in the scientific world. For example were all child molesters abused as children themselves or are their genes or other factors to blame for their bad decisions? Genes seem to determine much about children, such as eye color and height, but do they also determine behavior and overall health, or is the environment the children were raised in to blame? For example, when a child is misbehaving, is it the parents responsibility to take the blame for their offspring's behavior due to how they have chosen to raise their son or daughter, or is the child's genetic makeup to blame for their faults? Can a child's environment override the genes a child is born with? Mischievous children's genes and environment are both to blame for their actions. Just because a child sees his or her parents invest their time in drugs or alcohol does not make the child themselves end up in the same situation proving that environment is not the only determining factor in a child's behavior. Genetics play an important role as well. The environment a child is ...

Monday, September 16, 2019

Effective partnership working Essay

A partnership is an arrangement between two or more groups, organizations or individuals to work together to achieve common aims. Effective partnership working must have some sort of personal stake in the partnership. All partners should work towards the same goal. The partners should have similar system of beliefs and work together over a reasonable period of time. Partners should understand the value of what each of them can contribute to the set aim. Both should respect and trust each other. Partnership working also shares creativity, and responsibility. Working together can highlight different issues, problem and solutions and there is more potential for productivity or effectiveness. All partners must always tell each other what is planned and consult everything together before making any decisions. They must act together as everyone working towards the same outcome. 1.2 Working in partnership with colleagues it’s very important .We all need to work in the same way and be consistent. People I work with on daily basis are the best source of advice and information needed when some issues may arise. By working together I am able to see all recorded information and being able to use them when needed .Communication within the home is a key to effective support .By working together everyone can be supported and all ideas can be taken into consideration on meetings and solving issues become easiest. Working with other professionals like Learning Disability team or Intensive support team also gives me a different point of view on situation and this way I receive support from qualified and understanding people. I can share information and seek advice .This way I get an excellent feedback and much needed support .Some individuals have a complex needs which are very difficult to cope and seeking support from others is very important .Organization receive different training and do specialize in giving help .Therefore maintaining good relationship with them is important to provide the quality support for Service Users. Working in partnership with advocates is needed when Individuals have a lack of capacity and have no one who can act on their behalf . Working together with independent advocates shows that setting follows the guidelines and regulations .Independent person can see the different point of the situations discussed and help to decide what is  the best for the person concerned .As a support staff will share all relevant information with them and act on the best interest of the individual. Working with families, Service users, friend of individuals give me a never ending source of information’s so I’m able to provide the care they want .By working together we gain information and that can help make Individuals live easier in the care setting. This way parents feel valued and respected. Parents and family feel comfortable when visiting the setting talking to and planning with workers .Every opinion must be valued and treated seriously as we all want the best for the Service Users .Talking and working together with individuals gives us a chance to get to know they likes and dislikes and be able to make them happy. 1.3 Partnership is about relationship between people and the aim of it is to achieve what couldn’t be achieved alone. By working together we build a relationship. We improve outcomes and achieve more equal life for the individuals and better future for them. Because everyone works together Service User can feel safe and have choice of where and how they want to live. As staff I need to listen to them and give them choice and information’s must be available in the right format .Individuals feel valued and respected. They know that there is a lot of different people who are happy to help and give advice .It also makes staff feel more valued as they have they say and their opinion is more valued what means that they are more happy to stay in the work place like that.

Baseball – Hobbie

Relationships are something you can gain In many different ways, but for me It was baseball. From the mime I first started playing I began to make many friends which still to this day have been there for me In some of my hardest trials. The best thing about playing a sport Is having a different coach every summer. I've played baseball now for sixteen years of my young life, and in doing so I have met a lot of different people. My favorite coach of all time has to be Dale Anderson.Dale was able to show me so much in junior high, and some of which I still use today. My hobby of baseball has given me more than enough relationships in life. It has been hard for me over the years to build my character, but after all the practice I have gone through I'm sure I have come out a different person. Me being a pitcher takes a huge amount of character. I'm basically in control of the game at all times, and with character comes the composure.Composure and tempo are the two hardest things on the mo und you have to think about. You have to keep the right tempo when you have base runners on, so they will not steal off of you. Working out, getting faster and stronger are three of my favorite things about sports. It is plain and simple; if you're not physically fit you will not play to your fullest potential. Baseball has given me the opportunity to get faster and stronger than I ever thought I could be. Working out is not the only way a person gets fit.Practice is another way also, because when you practice baseball you are going at game speed. Anyone who plays sports can say, when they play/practice at game speed you will burn calories. Being fit is one of the best ways to excel In a sport. I'm glad to say that I have done the work, and It Is really starting to pay off for me. Baseball has given me so much over the years, from relationships, character, and to being physically fit. This hobby has given me the opportunity to reach for what I need In life.I thank God that he has ma de It possible for me to become a pitcher In college, and let me chase the dreams I have always wanted to come true. Who knows, maybe one day you will see me In the lights, and living my dream/hobby. Baseball – Hobbies By Brendan Baseball is a hobby and also a sport that many people love to play or Just watch. In my life. Baseball is something that has changed my life in many different ways omitting you can gain in many different ways, but for me it was baseball.From the been there for me in some of my hardest trials. The best thing about playing a sport is having a different coach every summer. Eve played baseball now for sixteen years speed you will burn calories. Being fit is one of the best ways to excel in a sport. I'm glad to say that I have done the work, and it is really starting to pay off for me. Need in life. I thank God that he has made it possible for me to become a pitcher in maybe one day you will see me in the lights, and living my dream/hobby.

Sunday, September 15, 2019

Internal Business Process Perspective

Internal Business Process Prospective BUS 499 – Strategic Management Module 3 Case February 1, 2013 Duke Children’s Hospital fell into a crisis within the mid-1990s. Expenses were rising while dramatic reductions in net margin were occurring. Staff productivity fell and staff satisfaction was at an all-time low. They overcame the crisis by implementing the balanced scorecard. Their way of designing their scorecard catered to their business in healthcare. The higher officials of Duke Children’s Hospital made a three-step process in designing their balanced scorecard. The three steps of proven rapid-fire approach are to: get connected, get results, and get smarter† (Meliones, 2001). Step one consisted of establishing key linkages. By linking the mission, strategy, objectives, targets, key performance indicators, and initiatives across the organization, stakeholders within the hospital were able to stay on the same end goals. Each stakeholder was given informa tion to diagnose opportunities for improvement. There were three vital areas that helped the scorecard stay connected. Key performance indicators linked the business and clinical aspects of healthcare.Staff satisfaction was related to preserving or increasing quality of care. Regulatory area maintained the compliance of laws and procedures within the organization. Step two consisted of analyzing performance to get results. Data was collected to enhance the productivity and satisfaction of stakeholders within the hospital. The goal was to â€Å"improve performance in stakeholders while enhancing quality† (Meliones, 2001). This affects the customer perspective by increasing customer satisfaction. The key factor to help analyze data and improve efficiency was to implement new technology.By supplementing telephone calls with fax and email and setting up automated notifications, the â€Å"total denials decreased from fifteen percent to less than one percent† (Meliones, 2001 ). Step three consisted of gaining knowledge and strategic control of your organization by getting smarter. New ideas and approaches result in making new connections. The scorecard was updated accordingly to maintain the key goals. By implementing the balances scorecard, the hospital was able to track stakeholder’s performance data while keeping an eye on the effects of the business process.Each stakeholder was analyzed with their own data instead of looking at the department as a whole. This stopped stakeholders from pointing fingers at one another when a mistake within the department was made. Physicians, clinicians, and nurses were tracked in an integrated matrix to optimize performance. The balanced scorecard focused on the internal business process of â€Å"operations management, customer management, innovation, and regulatory and social clusters† (Niven, 2010). By making certain stakeholders adjust their performance according to data, an increase in productivity was accomplished in an intelligent matter.By increasing efficiency without compromising quality, cost per case was reduced and patient satisfaction increased. Duke Children’s Hospital became a well-known treatment center for children. Within the customer management, prospective patients were wooed by the increase in acknowledgements and success of the hospital. This may have helped gain and attract new customers. Innovation was a big factor within Duke Children’s hospital. Officials implemented â€Å"the use of technology to turn data into information† (Meliones).By updating their system of keeping track of financial and customer data, shareholders performance and satisfaction increased while gaining efficiency throughout the internal process. The regulatory and social perspective was readily focused in their step one of implementing their balanced scorecard. The hospital was ready to â€Å"facilitate regulatory compliance as a collateral benefit of routine cli nical practice† (Meliones, 2001). Employees of Duke Children’s hospital were the main characters affected within the change of the internal business perspective.Before the balanced scorecard was implemented, staff productivity was in decline and staff satisfaction was at an all-time low. The positive shift in staff satisfaction and productivity was seen after the step one and two of implementing the scorecard. Employees were connected with the same mission and strategy of the whole organization. After analyzing their performance results, stakeholders were able to improve the way they work and handle patients. Clinicians, physicians, and nurses were able to provide quality clinical care without dramatically affecting the financial performance.This aligned each stakeholder within the system into a single platform. The key was â€Å"to identify the key drivers of their performance and implement initiatives to optimize them† (Meliones, 2001). The customers of Duke Ch ildren’s hospital saw a major change in efficiency within the organization. Without cutting staff, the hospital was able to â€Å"improve their performance while enhancing quality† (Meliones, 2001). By implementing a new system of records, patients were able to pay bills on time without suffering through denial claims. Automatic reports gave patients the qualitative data they needed to for physicians and nurses to evaluate.The hospital was able to work in sync to provide excellent care for new patients. Duke Children’s hospital did a superb job in implementing, planning, and executing their transition to the balance scorecard. Officials of the hospital knew they had a crisis within their hands. If they did not change their ways, the future of the hospital would be at stake. By planning a three-step process of shifting their strategic management, officials were able to improve all perspectives within the hospital. â€Å"The cost per case was reduced from $14,889 to $10,500† (Meliones, 2001).This resulted in a $30 million reduction in cost within four years. The net margin shifted into the positive by $4 million from a previously negative $11 million, all within four years. Productivity and staff satisfaction grew to elevating levels. The significant transition of the hospital is clear evidence that the implemented scorecard positively changed the hospital. The three-step process was the framework that guided their goals. The strategy of Duke Children’s hospital should be guidance for all businesses in any industry to accept and try the balanced scorecard management system. ReferencesCQI (2012) Introduction to Quality. The Chartered Quality Institute. Retrieved August 24, 2012, from http://www. thecqi. org/Knowledge-Hub/Resources/Factsheets/Introduction-to-quality/ Meliones, Jon N. ; Ballard, Richard; Liekweg, Richard; & Burton, William (2001, April). No mission () no margin: It's that simple. Journal of Health Care. 27(3): 21- 30. Retrieved May 17, 2010, from the library: https://coursenet. trident. edu Niven, P. (N. D. ) Internal Process perspective. EPM Review. Retrieved May 17, 2010, from http://www. epmreview. com/Resources/Articles/InternalProcess-Perspective. html

Saturday, September 14, 2019

Lisa Benton

1. What are the background factors important to understanding the case?In the Benton Case, important background to understand is how Lisa questioned if her decision on accepting the position with House world was the right-move for career goal. Second, her initial meet with her boss and lack of communication to what is going to be expected from her. Lisa felt, as she is not being utilized to her full potential.Benton, decision on accepting the product manager position, she based it on a long-term goal. She based it on what best will benefit her in the long run. When Lisa met who her reporting supervisor was, she felt as if there was a lack of interest on her being a part of the team. Linton should have met and have some type of initial counseling to go over the expectancy from Lisa and Benton.2. What are the issues of power and influence in the case, organizationally, managerially, interpersonally, and personally?In the case study it did not seem that there was any power of influence organizationally. Houseworld, seemed like a great place for Benton to work and reach her career goal. However, managerially there seems to be many issues of power. Linton really did show Benton a great interest of joining her team, which made Benton feel as if she was not being utilized for what she was really worth. When both managers from pure & fresh met Benton, they both expressed their feeling towards Harvard MBA’s. Ron did have some influence on Benton, because of him she was under the impression that she should be in a learning mode.By being in a learning mode it made Lipton assume that she lacked motivation, which led to the negative statements in her evaluation. Personally, I think that Benton did have all the right intentions to succeed in her current role, but because there were communication barriers it led to many assumptions that caused a great deal of frustration. The one thing that Lisa can do is learn from her experience and utilize what she learns to future situations.3. Is Benton powerless in the case? What are the sources of power? It might seem as Benton was powerless, but in reality she had the upper hand to improve her leadership and communication with management, which would  empower her to become a product manager and reach her career goal.The source of power that Benton has in this case is the opportunity to move every 12-18 months. She can utilize her learning experience that she learn from her current team with pure & fresh to improve her communication when introduce to future managers or team members.4. List and discuss the critical incidents in the case and suggest how Benton could have been more effective in each one.When Benton started to feel frustrated by the way her team made her feel, she could have taken control of the situation by communicating to Linton, which would have allowed her to take control of the situation. It would have primed Linton to meet with Lisa and go over her expectancies in her position, instea d of thinking that she was in a learning mode. A critical incident that Benton could have been more effective is by being more assertive in her role with Pure & Fresh.5. What are your recommendations for Lisa at the end of the case?I would recommend that Benton continue to work with Houseworld, she should keep in mind her motive on accepting her current position, as Houseworld offers the benefit that encouraged her to make that transition from Right-a-way. One thing that Benton can take away from the situation is not assuming what will be expected from her, but to actually know her expectations of her duties. If Benton had not allowed her frustrations to build up and to actually communicate to Linton, she could have avoided the negative aspects of her evaluation.

Friday, September 13, 2019

Compensation Plan Outline (Wal-Mart) Assignment

Compensation Plan Outline (Wal-Mart) - Assignment Example Wal-mart is widely known for its vast range of chain stores that provides the world with the best and most affordable and accessible forms of technology. It is more so known to provide some of the latest stellar digital forms of technology and other appliances that are vital for human use. However, Wal-mart success has been hanging on the balance due to its recent controversy on its compensation plan. For sure this has not been a piece of cake and exasperating has it been for the company to retain back its lost glory. It is because of this that this paper is written to providing stellar corrective measures on compensation plan. Compensation management is the strategic process of aligning pay, incentives and benefits of employees with the organizational goals and objectives (Bhatnagar,  2004)). Compensation management further aims at linking an employee and the organization though an employment relationship in such a way that the Company achieves its objectives and strategy effectively whilst the employee gets to be compensated well for making it possible. An effective and fair compensation to the employees is thereby vital in steering the employees to the path of greater productivity and optimized output. Wal-mart Company based in United States is one of the top retail chain stores that were known to incorporate compensation plan as part of its policy. This was done through sub paying the workers whilst providing an insurance scheme for its employees. Even though one could term the insurance scheme as being the best package for the employees of Wal-mart Company, the process did not do much in increasing the Company’s profitability and productivity. Instead, a great number of Wal-mart employees felt deprived of what they would say were their own hard work. Actually, Wal-mart Company was providing insurance scheme as part of compensating the employees due to the advent of

Thursday, September 12, 2019

Female body obsession through the media Research Paper - 2

Female body obsession through the media - Research Paper Example Irrespective of the actual weight, most of the females are concerned about their body image of being thinner, due to which, they develop a sense of strong body obsession. Emphasizing this phenomenon, researchers have revealed that British females conceive losing their body weight will positively change their lives and help in making it better, alleviating their social status among friends and the society on the whole. Studies have also revealed that while most of the American females conceive that losing their body weight will help them achieve the desired results in life, it can be argued that cultural differences and varying ideologies have negated influence on the impact media has created on females, fuelling their body obsession. As a consequence, maintaining a good body image along with appearing thin and beautiful can be observed as an increasingly prominent trend in almost every culture around the world, especially those wherein media has had a strong penetration and worthines s. The trend of food consumption for females has significantly changed over the past few years, wherein the females have become more conscious about their dietary habits, often, directly indicating their body obsession. This particular trend has allegedly induced eating disorders among females, as the food they consume lack proper nutrition and proteins. On the whole, the trend of food consumption has adversely affected the health of females worldwide, causing the major threat to the long-run social health in the global economy.

Wednesday, September 11, 2019

Comparing and contrasting the marriages of John and Margaret Winthrop Essay

Comparing and contrasting the marriages of John and Margaret Winthrop and John and Abigail (Portia) Adams - Essay Example From the analysis that will be performed, it will be plainly obvious to the reader that even though these couples were relatively closely related, in terms of their historical life span and the fact that they both had strong relationships with their spouses, the nature of these relationships were quite dissimilar from one another. Ultimately, the only similarity that can be noted is with respect to the fact that both Abigail and John Adams as well as Margaret and John Winthrop experienced an unbelievably close and intimate relationship in which they shared a litany of their innermost thoughts, fears, longings, and goals. Firstly, with regards to a level contract, it can quickly be, even a cursory level of analysis, that Abigail and John Adams shared an unbelievably close relationship that was tamed with elements of mutual intellectual stimulation, political thought, humanistic interpretations of philosophy, and a litany of other hopes, dreams, and aspirations. As such, the relationsh ip that John and Abigail Adams shared was very much as strong as the relationship of Margaret and John Winthrop shared; however, the key differential was with regards the range and depth of topics that these two discussed within their letters. Whereas one particular letter may be concentric upon focusing on the health concerns that John and Abigail had at any particular time in their life, this discussion could easily segue into religious, philosophical, or political discussions with regards to the way in which the nascent Republic was growing. By means of comparison the relationship that Margaret and John Winthrop shared, as exhibited throughout their letters, was less expansive as compared to John and Abigail Adams. This should not be understood to mean that the relationship that Margaret and John Winthrop illustrated within their letters was somehow less fulfilling or less close than that which has been described between John and Abigail Adams. Rather, the key differential that c an be noted is with respect to the fact that Margaret and John Winthrop’s letters are almost exclusively formulated around a very rigid interpretation of religion and the means through which an Almighty power governs each and every aspect of life; no matter how negligible or no matter how seemingly trivial such an aspect might be. Whereas it is true that different topics besides religion are discussed, a return to religious the means and a focus upon the fact that no matter which alternative, the variant, or decision is brought about in the fullness of time, the Almighty will ensure His will is done. This of course begs the reader to question why Margaret and John Winthrop e’sxpended such a great deal of time and ink discussing the issues that they had. If indeed it were true that their faith was so strong that they placed any and all of their concerns into the divine hands of an Almighty God, one wonders why it was necessary to continually reference these issues and u ltimately end the conversation with a representation of the fact that God was in control and the only thing that they need to do about it was submit their will to him and pray. What can be understood with regards to the differential between these two relationships has to do with the dynamics of how they were formed. Whereas Abigail and John relied upon each other as a function of determining which course of action was best and how they should proceed and consider key situations within their lives,

Tuesday, September 10, 2019

Social Media Assignment Example | Topics and Well Written Essays - 1000 words - 1

Social Media - Assignment Example Value laden attitudes allow a social marketing manager conduct business within the existing ethical channels. The manager appreciates the value of the law in regulating good business conduct. They appreciate the role of good counsel and rely on the law for guidance. Cyberspace business is infamous for scams and swindles. Therefore, several brands online lose credibility in the market. A legally astute manager uses the law to uphold ethics and therefore create a strong brand with commendable public image and relations. A legally astute social marketing manager exercises informed judgment. The manager recognizes the law as an essential element of business in cyberspace. They hold themselves responsible for legal decisions rather than leaving them to counsel. The counsel therefore plays the role of advisor but not decision maker. In e-commerce, this trait is beneficial in making informed decisions to maximize returns. Context-specific knowledge refers to a manager’s deep understanding of the law. The legal decisions made by the manager are binding to a company as he serves as an agent. Cyberspace commerce is regulated by several laws. Understanding specific facts regarding these laws is essential in ensuring marketing managers practice their roles within the confines of the law. The last component requires the manager to display a proactive approach. This involves the manager’s application of the law from the early stages of designing a business model. Particularly, the manager seeks c ounsel early enough before any major crisis. This is essential in ensuring the business is operating within the legal standard in cyberspace. 2. List and analyze methods of alternative dispute resolution and determine which would be most effective in resolving genuine disputes that arise with consumers who may make purchases from businesses that provide links via social media. The