Cache Level 3 Childcare and Education

It important to build a good relationship with parents, an easy way to do this is to make sure you have good communication with them. For example make sure that you talk them in the appropriate language for example using their manners for example please and thank you. Therefore if you have good commutation skills and good body language when working with parents they are more likely to trust you when looking after their children. Children who can sense that their main carer has a good elationship with the childcare setting are more likely to be happy being left in the setting.According to Maskell (2010) â€Å"This links into the theorist bowlby (1950) who believed in his findings about secure and attachment†. Other ways that you can build relationships with a child's parent is that you could have regular contact with them e. g. parent-teacher interview. For example if the child was not feeling well at nursery you would know that they may want to be left alone to sleep or to pla y quietly. It is also important when building a relationship with parents that you understand what they think is best for their child. As a childcare practitioner you may think that it would be better for the child to learn though playing.Cooperation – The children see the benefits of people working together and cooperating with each other Consistency – All team members adopt the same approach to the task of caring for children and working with their families Encouragement – Members of the team stimulate, motivate, praise, encourage and upport each other Respect – Team membership satisfies the need to belong and to be respected and to have aims confirmed and shared by others

Belfast Confetti Essay

The poem ‘Belfast Confetti illustrates the aftermath of a bomb during the troubles that people in Belfast experienced. The title ‘Belfast Confetti’ is a heading that has a dual meaning. On one had the homemade bombs that the IRA used are referred to as Belfast confetti due to the nuts and bolts they put in the shrapnel. The second is more complicated. Confetti is usually used in times of celebration such as weddings, which is strange as the poem is about something completely different to a celebration. It is usually thrown over the heads of the bride and the groom, so it rains down on them. Carson may be using that title to create a metaphor; the nuts and bolts flew over the head of people just like confetti does. Carson presents the poem with widespread references to punctuation marks using words such as ‘Exclamation Marks’ and ‘Sentence’. â€Å"It was raining exclamation marks† this is trying to represent the noises made by fallin g shrapnel. Generally, exclamation marks are used when someone is shouting or when words need to be emphasised. As you can imagine, the noise of the bombs and chaos it caused must have had a huge effect on the noises that were being heard, people screaming, sirens sounding and huge fires blazing. To understand the poem you have to delve deeper into the meaning of the way in which the title of the poem is worded. This poem is very chaotic which matches this experience. The poet also does not present any type of metre or rhythm, this could be because he wanted the poem to be seen and read with the confusion which the people felt after the bomb was detonated. This gives the poem more reality than it would do if there was a clear structure to it. Analysing the lines in the poem, I can see a trend of contradictions and dual meanings. For example â€Å"All the alleyways and side streets blocked with stops and colons† on the outside this line tells us that the escape what blocked and there was n o way out of the chaos. Although looking at the line with more depth, that what is discoverable is that what is trying to be said is that there is no escape because of the violence in general. Using the word â€Å"stops† and â€Å"colons† could refer to the writers own beliefs. Carson may be trying to get a message across that all is being done to try and stop the attacks is through the Governments use of meetings and laws. Ironically, I think the author is trying to say we need to urgently tackle this violence with  actions rather than letters and meetings, hence the quote â€Å"Alleyways and side streets blocked by stops and colons† meaning by lack of action there is no escape. Furthermore, another example of these contradictions is the line â€Å"I know this labyrinth so well – Balaklava, Raglan, Inkerman, Odessa Street† This quote tells us that the author has a connection with these streets and knows his way round them. Carson compares the streets to a labyrinth, meaning the place where a man eating Minotaur lived and was said to be built like a maze, derived from Greek Mythology. This tells us that the streets were like a maze, probably due to the chaos and that there were dead people around. A bomb could be associated with the Minotaur as it was the cause of the deaths and streets to be its home as it is the place he kills. The overall message of the poem is to educate the readers of what it was like to be involved in a bombing. I also believe that the poem is trying to portray a message of invasion. His hometown was getting destroyed in front of him and the only way he believed he could teach people about this was through poetry. The fact that he chose to express his emotions through poetry is a really interesting way of getting his point across. The whole poem is an extended metaphor which shows the conflict and how chaotic the poem is.

Commercial Insurance Essay Example | Topics and Well Written Essays - 1250 words

Commercial Insurance - Essay Example Dealing with the business’ risks will involve evaluating the existing risk factors and developing robust contingency plans on ways of dealing with the risks whenever they occur. Therefore, laying down a concrete plan for these risks will be the central theme of ensuring efficient management of the business risks. In addition, with the understanding that it will be impossible to plan for everything, the hotel’s risk management plan will provide for efficient ways of reacting whenever risks emerge. The plan to establish the hotel involves the designing and construction of the hotel premises. This means that I will require a professional design and building team, which will not only be tasked with developing a concrete design for the premises on which the hotel will be based, but also building the hotel based on my specifications, as well as those of the state planning department. Rather than embarking on the designing and construction processes on my own, for instance, by hiring a design and construction team, I will float a design and construction tender in the local newspaper and journal for a specified duration. This will primarily be in order to avoid the risk of poor construction due to lack of expertise, or high costs. Consequently, the appointment of the best design and building group will involve tendering, specifically open tendering method. This tendering approach will mark a massive step in risk avoidance (Edwards and Bowen 43). Essentially, risk avoidance encompasses taking steps to deter a hazard thereby ending particular exposure. Additionally, open tendering is the preferred method since it will increase competition thereby guaranteeing the highest value for money on the design and building project. Open tendering will also enhance risk avoidance by ensuring that bidders or respondents are willing to work at low costs while also increasing their likelihood of accepting increased responsibility and risk. This will enable the hotel avoi d a vast proportion of the risks associated with designing and construction, including fluctuating costs of materials and difficulties transporting construction material. Additionally, open bidding will ensure the realization of a superior quality product, especially through the incorporation of a quality matrix in the assessment procedure (Edwards and Bowen 64). Another significant way through which open tendering will ensure risk avoidance is by the enforceability of the design and building contract, which will evade rogue contractors. As soon as the hotel begins serving customers, I will ensure risk reduction by adopting the public order approach. This will ensure that the hotel’s risk of theft, insecurity and fire is significantly reduced. Risk reduction encompasses the implementation of effective measures to diminish the severity or frequency of the occurrence of losses. Consequently, risk reduction is also referred to as loss control (Edwards and Bowen 120). In the hote l, risk reduction will involve fire protection, for instance, through the installation of fire extinguishers and training the staff on fire fighting approaches. In addition, routine safety inspections will be a mainstay of the hotel’s risk reduction strategy, particularly since hotels are

The untouchable Essay Example | Topics and Well Written Essays - 500 words

The untouchable - Essay Example It seems that in the story, Anand tried to give Bakha, the protagonist, a glimpse of hope for change. An example is when Bakha tried to wear some trousers just as the kind British Tommies that he worked for. Bakha for a moment believed that he could be better than his fellow outcasts; he was "possessed with an overwhelming desire to live their life" (Anand 11). At this part of the story, we could see how the main character actually had imagined, or perhaps had such a motivation to actually be someone other than an untouchable. Seeing how kind the Tommies actually treated him made him feel that he is not just another useless person in the world. But such dream is immediately dispersed when his community mocked his appearance. Through out the story we can see Bhaka’s struggle and his silent rebellion. His complex character continues to evolve as he tries his best to find for other possible alternatives to remove his undesirable disgrace. He was given three possible choices to re move his untouchable status, first was to become a Christian, but he did not understand the â€Å"idea of being called a sinner† (130) nor did he grasp the idea of confessing his sins.

Environmental Health Assessment Essay Example | Topics and Well Written Essays - 750 words - 5

Environmental Health Assessment - Essay Example Policymakers manipulate the real world to match formulae†. He further noted that the ability of risk assessment to provide clear guidance has been â€Å"overstated by risk assessors and overused by regulators and lawmakers†. We can infer from this that the latitude of uncertainty brought about by myriads of factors lend a propensity to appropriate the measure in accordance with one’s interest or advocacy. However, we do not preclude the validity of the concerns of the citizens. As noted by Contini, et al (1991), a risk analysis on the accidental release of ammonia conducted by teams of scientist from eleven European countries resulted in eleven risk estimates whose numerical results were dictated or dependent on many assumptions introduced during every step of the risk analysis. In presentation as to the uses, limitation and abuses of risk assessment, risk assessments are being used as tool/proof to advance technologies as hard science using unrealistic assumptions which are kept hidden and not stated openly (Howard). This gives credence to the citizen’s concern that there seem to be blind adherence or faith in assessments masked as hard science but oftentimes are based on unrealistic assumptions. So their clamor for validly tested models in assessing population exposure seems justifiable on this account. However, requiring that exposure assessments be based only on validated models do not in itself guarantee the integrity of an exposure assessment. In a study on Validation Strategy for the Integrated Exposure Uptake Biokenitic (IEUBK) Model for Lead in Children, the model has been admitted to be inadequate in prediction simply because of the multiplicity of specific variability and hence the model can be applied only to individual data sets due to â€Å"many community-specific characteristics which may be difficult to quantify† (Environment Protection Agency [EPA], 1994). However, as applied to environmental

What Is Globalisation and How Does It Affect the Multinational Essay - 1

What Is Globalisation and How Does It Affect the Multinational Enterprises - Essay Example This research will begin with the definition of globalization as the process through which isolated regions of the world become more integrated as a result of increased international cooperation in the exchange of knowledge, cultural values, political ideas, and economics. This process has largely been made possible by technology advances with special attention to the internet. Indeed, as the world has become more connected to the internet, people across the world have increasingly become interdependent in such activities as political policy, travel, communications, and trade However, while contemporary assumptions are that globalization is a fairly modern phenomenon as a result of ICT inventions, it has actually been taking place for hundreds of years. For instance, the Silk Road that spanned from East Asia into Europe is early evidence of international trade and cultural exchange, as is the invention of railroads and steamships. What has made globalization especially salient in the last one hundred years is that the invention of road vehicles and airplanes has dramatically eased international trade and exchange? Moreover, digital communication tools invented in the late 20th century have made globalization in the modern sense a reality. One organization that owes much of its success to globalization is Wal-Mart, which has been able to take advantage of cheaper imports, cheaper labor, and improved logistics and ICT capabilities in previously isolated regions like East Asia to gain a comparative advantage. The term globalization is derived from the verb â€Å"globalize† that encompasses the aspect of international influence and interdependence between diverse economic and social systems. The concept of globalization has several definitions and interpretations, which range from such diverse disciplines as anthropology, philosophy, sociology, and business. According to Dehesa, there are four fundamental aspects from a business perspective that define the c oncept, which are trade and transactions, movement and migration of people, investment and capital movements, and knowledge dissemination. Globalization, in essence, is a natural phenomenon that enables for synergy in both markets and cultures through the process of specialization.

What motivated the United States to pursue an Imperialist policy Essay

What motivated the United States to pursue an Imperialist policy during the 19th century - Essay Example (Fouskas and BÃ ¼lent, 2005 p 1) The factors that motivated the American policy of Imperialism in the 19th century can be grouped into military, political and economic interests. In the 1890s, America saw the emergence of new navalist’s ideologies, which were greatly advocated for. Alfred T. Mahan, a former president at the Naval War College argued out the need for America to battle out for naval supremacy in the world. Mahan pointed out that foreign commerce was crucial to the survival of any great nation and for a powerful country in the world; thus, there was a need to protect the sea routes. According to Mahan, all these could only be achieved by having a strong naval force. A powerful navy would facilitate the acquisition of colonies and overseas naval bases and oil fields In the early 1890s, America experienced an overproduction of commodities by industries. Majority of the prosperous business people and government officials saw the only solution to the crisis as the finding of new markets for American products outside the North American continent. Americans, thus, targeted territories in Middle East, Africa and Latin America. In the beginning of the 19th century, France, Germany and Great Britain were expanding their political powers and influence in the world through various means. One of such ways was the acquisition of territorial regions in Africa, the country of China and other areas of the globe. This made American policy makers to advocate for America to join other European Countries in acquiring colonies for it not to be left behind politically, economically as well as militarily. (Ramos, 2007 pp 30-31) Imperialism led to the strengthening of the American navy. Imperialism allowed the navy to establish ports in Pearl Harbor, Guantanamo Bay, Cuba and Hawaii. These ports made it possible for America to compete with European countries. America was able to expand its territory. Military forces were easily

BSBMKG501A Evaluate Marketing Opportunities Essay

BSBMKG501A Evaluate Marketing Opportunities - Essay Example In any organization, there are some tangible and intangible assets, which are used as resources, when company is searching and evaluating various opportunities. Basically marketing activity focuses on assessing and satisfying customer needs, with in the organization; management is responsible for establishing these goals. These are certain resources i. e., key people groups, forces outside the organizations, channels, brand values, relationship, partnership, suppliers, buyers etc. apart from physical resources like technology. In search of opportunities skill of the people working with in the organization always play's a crucial role, opportunities lies in best marketing research to know about innovative product requirements its time and cost well in advance and to exploit these requirements. Best marketing research need more strong financial background and personal skills. Shortage and delay in adopting, technologies plays crucial role in searching opportunities. Intangible like bra nd plays major role in exploring opportunities. When a particular brand already exists in the market and it launches some product in the market, needs lesser advertisement and hence needs less cost investment, but if brand is new and it is to be launched, needs more expensive and exhaustive promotional campaign. In present era, where consumer needs are changing continuously and fastly meeting consumer needs and preferences always cost heavily on the company. Firms spend billions of dollars annually in search of new opportunities on marketing and technical research to add to brand value and product improvement. For example, Hot Pockets, especially formulated meat and cheese, microwavable sandwiches and more than 20 varieties have been introduced but in 2002, after Nestle acquire chef America, it has added its marketing muscle to promote the brand, ability to invest in technologies, training to enhance skills of its employees, upgrading the skill of an employee are few of the resource s which could limit the search for the opportunities by the company. In any company search of opportunities needs financial resources, skill of its employees, its brand value, its technologies adoption, its organizational capabilities, and its ability to conduct market research as nearer to actual. Now as a marketing manager, one has been assigned a vital job is that of recognizing the nature of competition, the potential threats competitors may represent and development of opportunities response strategies. Michael Porter (1980) has proposed that competitive threats can be classified into five major steps: The threat of other producer firms already operating within the market sector (Kotler, 2003). The threats of customer moving up stream to also become producers and / or using their purchasing power to dominate terms and condition for purchase. The threat of supplier moving downstream to become a producer or using their control over critical resources to dominate terms and condition of sale. The threat of a substitute entering the market always been seen carefully. Finally the threat for new entrant who was not previously a major player in the market has to be analyzed properly. To avoid head on competition with competitors, Marketing manager has to opt certain initiatives, w hich must be strategic, cross functional and bottom-line oriented. Marketing manager

Rocks and Minerals in Indiana Assignment Example | Topics and Well Written Essays - 500 words

Rocks and Minerals in Indiana - Assignment Example Additionally, minerals occur in abundance within this state. Estimates are that Indiana has approximately 100 different minerals, although other minerals exist in scarcity. This implies the state has more than 100 minerals considering the scarce mineral deposits that are present within the region. Despite the huge deposits of minerals across Indiana, only some minerals occur in large quantities. The most plentiful of the minerals in Indiana include calcite, clay minerals and quartz (Smith, Brookley and McGregor 12). The largest percentages of the minerals that are present in Indiana are widely dispersed while others are totally covered by the earth crust. Therefore, this makes economical utilization of these minerals impossible, especially in large-scale mining. Additionally, the process of mining and searching for these minerals can be uneconomical since the minerals occur sparingly. Calcite occurs in Indiana as one of the most abundant minerals. It is usually present in different rock layers. The mineral is considered the largest carbon depository and takes up the form of limestone coupled with marble. Limestone is generated either through chemical precipitation of CaCo3 or changes that transpire on various constituents in the period that diagenesis occurs. Conversely, marble is generated in the instance that limestone gets exposed to towering temperature and pressure. Nearly all the calcite that is present in Indiana is colorless or possesses yellow and brown shades. Calcite has hexagonal shaped crystals in case they are visible to the eye. The calcite present in Indiana has crystals that bear other minerals such as pyrite although this phenomenon rarely occurs. Outstanding specimens of calcite and other related mineral deposits are present in Indiana, with some possessing large crystals (IGS1). The properties that calcite possesses makes the mineral exceptional during identification thus making it easier to recognize the mineral.

Is a College Education Necessary to Succeed in Life Essay Example for Free

Is a College Education Necessary to Succeed in Life Essay Education is the key that opens the door to all life has to offer. The benefits of a good education, enhanced vision, increased motivation, and improved performance is crucial to being successful in life. Success belongs to those who acquire a good education. Enhanced vision Getting a good education can help you gain a better view of what you are capable of doing. Education gives a person an enhanced sense of personal control (Schieman and Plickert, 2008). Sound theoretical and empirical research has established that educational attainment is the critical first step in improving communication skills, improving relationship skills and improving your life (Schieman and Plickert, 2008). The most important thing to remember about education is education is the most important element that can help you increase your personal control in life. Increased motivation Acquiring a good education can also help you improve your station in life. Abraham Maslow believed that what motivates people is a hierarchy of needs beginning at the most basic needs of food, shelter, and clothing and ending in self actualization (Wilson and Madsen, 2008). Maslow believed individuals have the ability through education to become whatever they want to become because the individual has an ability to learn (Wilson and Madsen, 2008). Through using this ability to learn and acquiring education you can find success and you can find the power to change your life. Increased performance Improving your education will improve your chance for success. Getting a good education has a tendency to make you feel good about yourself. When you begin to feel good your life takes on a new meaning and you are able to cast off the garments of a meaningless life and put on the garments of a meaningful life (The humanist, 1992). This change is accomplished through the renewal of your dreams. When you start dreaming again you will begin to learn through structured programs of learning, from friends and family, from daily experiences, and from self reflection (Teare, 1997). Learning will become a fun thing to do. Finally, education equips you with the critical career and life skills that lead to a successful life (Hays, 2008). When you learn through education to listen, have empathy, start caring about life, become persuasive, become aware of the world in which you live, develop foresight or vision, start seeing the big picture, become committed to your growth as a person, become concerned about doing the right thing, and realize that you are a small part of a greater whole (Hays, 2008) then you will be well on your way to being successful in life and will have proved that people really do need education to succeed.

Tourism is largest industries in uk

Tourism is largest industries in uk 1. Introduction Tourism is one of the largest industries in the UK. In accordance with VisitBritain (2009a) which is Britains national tourism agency, the economic contribution of tourism was worth  £114.4 billion to the UK economy in 2009 which is equivalent to 8.2 % of UK GDP. On the other hand, VisitBritain (2009a) also comments that, â€Å"The 31.9 million overseas visitors who came in 2008 spent  £16.3 billion in the UK, the figures represent a 2.7% decline in volume and 2.3% increase in value compared with 2007†. Apparently, there are some opportunities and challenges for a new comer in this industry. Therefore, if the company do not has effective scenarios to manage the uncertainty issues in future, the company will in danger, even can not survive. By research secondary data, and some analysis methods namely PSET and Impact/Uncertainty Model, this essay tries to seek the effective scenarios for AirFreedom Travel Agent which is first venture in British inbound tourism. Moreover, thi s essay will beginning with PEST analysis in order to examining the external factors. Secondly, Impact/Uncertainty model will undertake for finding the most important issues. Then, Scenarios will design for AirFreedom Travel. Lastly, the essay is going to analyse the impact of those scenario on the organisation. AirFreedom Travel Agent is a company first involved in British inbound tourism market, which provide variable services related to tourism, such as ticket booking and hotel reservation. OECD (2001) indicates that â€Å"inbound tourism is the tourism of non-resident visitors within economy territory of the country of reference.† The 31.9 million overseas visitors who came in 2008 spent  £16.3 billion in the U.K. (VisitBritain, 2009a). Moreover, according to a study undertaken by Deloitte (2008), the tourism sector created more than 2.75 million jobs, and the number of direct industry employment was 1.32 million. Unfortunately, both number of inbound visits and inbound visitor spending suffered from decline during the period from October, 2008 to September, 2009 by 9.2% and 0.7% respectively (VisitBritain, 2009b). The importances of U.K inbound tourism is not only the contribution to economy but also benefits other industry, namely retail industry and transportation. 2. Environmental Analysis (PEST) PEST Analysis stands for Political, Economic, Social and Technological Analysis, and it is a framework of macro-environmental factors for strategic factors. However, the company is involved in tourism and environmental issues are vital important for tourism. So this essay will examine those factors from five segments and appendix 9.1 shows the factors will assessed. 2.1 Political Political environment of U.K. is quite stable. It has positive impact on potential customers. U.K.s transportation infrastructure is both effective and efficient; London Heathrow Airport for example is the airport which the most international passengers landed in 2007 (ACI, 2007) and government plan to expand this airport for more landing capacity. The red double-decker bus is also a symbol of London. In addition, Border policy is another factor, entry fee is the direct result of it. According to UKBA (2008), â€Å"To encourage even more tourist a new shorter three-month group visa is being proposed at a possible reduced cost of  £44†. Apparently, the new visa fee policy is a positive factor. Due to growing awareness of the green issues, U.K. Government is planning to declare some policies to protect environment. For instance, on one hand, the main road fuel duty rate in the U.K. was  £0.5035 per litre in from 1 October, 2007 (OPSI, 2008). However, the latest increase to  £0.5619 per litre from 1 September, 2009 (HMRC, 2009). As a result, tourists will pay more for the transportation system in U.K. On the other hand, VAT on the airline ticket is also adds cost to travelling, namely Member states of E.U have a minimum standard rate of VAT of 15% (EU, 2006). Adversely, terrorism is always a significant negative factor influence on tourism. 52 people died in 7/7 London tube and bus bombings (BBC, 2008) and Shooting of Jean Charles de Menezes (Guardian, 2009) are two setbacks for British tourism which were happened in 7 July 2005 and 22 July 2005 respectively. 2.2 Economic Most countries of the world suffered from recession by Credit Crisis, except some nations namely China. Baily and Elliott (2009) comment that the GDP at annual rates for the first quarter of 2009 declined 14.4% for Germany, 15.2% for Japan, 7.4% for the U.K., 9.8% for the Euro area and 21.5% for Mexico. Recession resulted in less people travelling because of purchasing power is decreasing. Exchange rate of pound to foreign currency is not strong recently, so foreign traveller can spend less money than before for travelling U.K. For example, one Euro was equal to 0.68675 British Pounds in 21 November, 2005 (ECB, 2009) and one Euro was equal to 0.89915 British Pounds in 20 November, 2009 (ECB, 2009). Inflation is arising in the level of price of goods and services in an economy in a period time. For example, the inflation rate of U.K. year over year was 1.5455% which compared to 1.0879% for the pervious month (RI, 2009). It means you need to pay more money for the same commodity than last month, and it leads to increasing cost for travelling U.K. Seasonality is another issue need discussion because of holidays is the busiest time for tourism market. It also is a problem for this industry, after the peak season tourism companies do not have many deals. According to Visitbritain (2009c), the number of U.K. inbound tourists in 2008 was approximately 7.20million, 8.41million, 9.36million and 6.93million by quarter. The percentage of spending of travellers who visit U.K. was 19% and 32% in January-March and July-September in 2008 respectively. 2.3 Social As a result of the increasing concerned on environmental issues on tourism linked to such as carbon footprint. People who focus on the green issues will refuse to travel in order to reduce the CO2 emission. Spread of disease is vitally important for a countrys inbound tourism. People do not want to travel to places which spread serious disease such as SARS. In accordance with NHS (2009), ‘There were an estimated 53,000 new infections in the past week, down from 64,000 the week before. It is a negative symbol for U.K. inbounds tourism industry. Safe nations are more attractive than insecurity. Travellers do not want to be involved in crime during their journey. Home office (2009) points out U.K. experienced a 45% down of all BCS crime from 1995 to 2008/09 which is favourable. On the other hand, social event is another positive factor for tourism, such as FIFA World Cup. The examples in Britain are the activities of Royal Family and 2002 Commonwealth Games in Manchester. For example, Kuala Lumpur in Malaysia host the 1998 commonwealth games, and about 60,000 tourists visited Kuala Lumpur in 1988 (FCO, 2009). 2.4 Technological On-line booking is a method booking ticket of plane or other type transportation which is the result from rapid development of technology. It saves time and money of both companies and consumers. Furthermore, hospitality network system is another example for tourism industry. It is useful to the travelling agencies provide package service including flight ticket and hotel booking. Moreover, the technology development is also affecting the manufacture. Aircraft become more efficient, for instance new aircraft are 70% more fuel efficient than 40 years ago and 20% better than 10 years ago (IATA, 2009). It is not only saves the cost of aircraft operators but also reduces CO2 emissions. The efficient airplane resulted in lower price of ticket and lower air pollution. It attracts more tourists which is including people who are concern on green issues. 2.5 Environmental In the first place, the average total annual sunshine from 1971 to 2000 in U.K. was only 1354.9 hours (Met Office, n.d.). Secondly, the high latitude and close to a large ocean of the west caused U.K. experiences strong winds. After that, the average days of rainfall≠¥1mm were 154.4 days during 1971 to 2000 (Met Office, n.d.). Lastly, U.K. some times suffered from flood which is negative factor to tourism (Environment Agency, 2009). Graceful environment of the travel destinations is attractive. Environment of U.K. is pretty clean. According to EEA (2009), the measurement stations of air quality of U.K are slight. 3. Impact/Uncertainty Model Impact/Uncertainty model is an effective tool for examining the factors which are impact on British tourism. The chart below is the Impact/Uncertainty model for U.K. inbounds tourism. Terrorism always has negative impact on the destinations, especially, tourism. People travel to other countries in holidays for fun, and they do not the trip make their life in danger. For instance, the al-Gamaa al-Islamiyas attack happened in Eygpt resulted in 62 deaths, and 58 of which were overseas tourists (Essner, 2003). Essner (2003) is also cites that international tourists avoided came to Egypt owing to 13% decline in arrivals. On the other hand, it is difficult to predict. Meanwhile, exchange rate is direct related to the purchasing power of overseas tourists. Moreover, it is unpredictable because of the exchange rate fluctuates everyday. For example, recently, GBP is weak for exchange to Euro. It is a positive factor for attracting the tourists to U.K. from countries which use Euro. Another unpredictable factor is spread diseases, it influences not only the border policy which is resulted in more difficult to obtain visa but also the security of the destination. Additionally, people do not want go to the place which is possible infected diseases. Overseas travellers come to U.K. by several transportation methods, namely, aircraft, train and ship. All those transportation methods use fuel as energy. Therefore, the price of fuel is directly related to the cost of trip. Purchasing power of overseas travellers is another factor impacts on the British inbound tourism. Many factors have negative impact on purchasing power, such as recession, inflation and financial crisis. Extreme weather is not usually happened in U.K and the advanced weather forecast system helps government predict it. It is also resulted in the seasonality of British inbound tourists number. However, it still a negative factor to tourism, namely winds of up to 100mph have hit parts of the UK which was caused damage of property (BBC, 2009). Social events hold by Britain is also attracts tourists to travelling U.K. In future, 2012 London Olympic Games is a brilliant opportunity to encourage U.K. inbounds tourism. Most of the social events are applied by government, so the level of uncertainty is low, but high impact on tourism. For instance, in the last quarter of 1999, international visitor arrivals Australia increased by 15 per cent compared to the same time in 1999 (ATC, 2001). Environment pollution is not in the high impact and high uncertainty quadrant. Although environment is essential of tourism, and tourists put pressure on the area, namely overusing water resources in hotels and increasing plastic pollution. Consequently, new environmental legislations will regulate the market, but the impact and uncertainty level are low. 4. Scenario Planning There are four scenarios below designed for AirFreedom based on the findings of Impact/Uncertainty model above. Appendix 9.2 shows the developing of the four scenarios. The four scenarios will describe below. Scenario A: Crusades, it arises in the situation which U.K. suffers from terrorism and GBP is weak to other currency. It will leads to the demand of U.K. inbound tourism decrease in long-term and government will restrict overseas tourist enter to certain places. On the other hand, the infrastructure and environment will damage by terrorism. However, the travelling cost will reduce, and it will attract customers who take advantage of price. Scenario B: Pandoras Box happens when U.K. with terrorism and GBP is strong to other currency. It resulted in demand of U.K. inbound tourism dropping sharply in long-term and significant financial losses. Some problem namely rising unemployment rate and crime rate will increase. On the other hand, the government will declare entry regulation owing to terrorism. The situation of Scenario C: Heavenly Love is similar to the present which U.K. inbound tourism is a â€Å"sunset industry† without terrorism and GBP is weak to other currency. Due to the circumstance, the travelling cost will decline and U.K. government will encourage inbound tourism for example, overseas tourists easy to obtain entry clearance. Scenario D: Seraphim occurring when GBP is strong to other currency and without terrorism. As a result, the demand of U.K. inbound travel reduce in short-term due to the costly tourism spending. Instead, overseas travellers will go to alternative destinations and possibly U.K. government will encourage this industry by entry policy. 5. Analysis AirFreedom as a new player in British inbound market, those scenarios are vitally important for the company, because of the trend of British tourism is directly related to not only the external competition but also the internal operation of AirFreedom. The table in appendix 9.4 shows the implications of each scenario on the company. Crusades: the market share will rapidly decrease in long-term and the company need to afford extra expense to hire security staff. On the other hand, AirFreedom will focus on the tourists who take advantage of price under this circumstance by penetration pricing strategy. Moreover, the company should consider about reduce the price of service by cooperation. Pandoras Box: the U.K. inbound tourism market will suffer significant decline, and the company need to reduce cost by downsizing. Then, company need also hire security staff. Furthermore, the company should consider venture the U.K. outbound tourism service market. Heavenly Love: U.K. inbound tourism will as a â€Å"sunset industry† resulted in potential growth in market share of AirFreedom. The company however should focus on the competitive market with market-oriented pricing strategy and hire more staff for expanding. Seraphim: the market share will stagnate or slight decline and people with strong purchasing power will become the main potential customers. In addition, The company need to dismiss some staff for reduce cost and it should also consider enter the U.K. domestic tourism service. The price strategy is also market-oriented pricing. 6. Adopt Strategy In according to Mckinsey (2001), 86% of the biggest business winners followed market-shaping strategies between 1985 1995. However, AirFreedom as a new comer, the company is not powerful enough to influence or determine the structure of U.K. inbound industry. Therefore, AirFreedom should to follow Adopt strategy which is the company follow the existing structure and then developing with speed in order to capture opportunities in future. For instance, AirFreedom could launch â€Å"Olympic-Travel Package† for expanding which contains the air ticket, two weeks hotel and tickets of several Olympic Games during the 2012 London Olympic Games. 7. Conclusions In conclusion this essay has argued that the future developments in British inbound tourism for AirFreedom which is first venture in the industry by several methods, namely PSET analysis and scenario. The question posed at the outset was to evaluate and discuss the future development trend of British tourism. It has been seen that the two most impactful and uncertainly issues for the industry are terrorism and spread of serious diseases. One can therefore conclude from the proceeding discussion that the scenarios influence not only the profitability of the company but also the operation strategies. More primary is required for this topic in further research. How much 2012 London Olympic Games will impact on the development in U.K. inbounds tourism under global recession is a key question still not solved. Given the current economic climate, AirFreedom should face both challenges and opportunities in this industry.

Essay --

Colonial Super Powers: From its birth in early 15th century to its decline in dominance by the 20th century, Colonial Super Powers fueled/sustained empires across oceans. Territories such as Portugal, France, Spain and Great Britain fought incessantly at times for various countries and islands across the world. The largest of all, the Superpowers during that Era, was Great Britain; considered as the Giant Empires with the largest number of colonized countries under its control. These Countries gained their enormous wealth and power from the many countries they claimed as colonies. But while wealth was stripped from the Colonies/Caribbean islands, some things were gained-things that weren’t tangible; things that stand even decades after these former colonies’ independence. This adopted Heritage, architecture, social institutions, languages, customs all form part of the culture of the islands such as Barbados and Dominica. Barbados is known as the â€Å"Little England† because of the rich British Influence in the country. The names of streets, places, religion, sports, Architecture are all evidence of the British Influence. Religion in Barbados: The Anglican church, the official Church of England is the dominant religious denomination on the island of Barbados. According to 2000 census, it indicates that 28 percent of Bajans are Anglican. The Various Churches (10) that still stand are example of how British architecture was very well emulated. Sports: Cricket, an English Sport which was derived as an interval sport during the British Empire can be seen practiced in all former colonial Countries especially Barbados. Cricket is an essential part of the Barbadian culture .Over the Decades, Barbados/Bajans have mastered and adopted cricket... ...in the early 1700s.For instance, King George V street, Queen Mary Street(British name) and Vielle Casse & Petite Savanne(French) are all evidence of both French and English influence. Architecture- is uniquely interesting; the class of both 18th century French and British architecture can be seen around the island. Educational System: The Educational System in Dominica is very similar to the British; education is divided into four categories their education system is divided into four categories: Preprimary (preschool), Primary School, Secondary/High school and tertiary College. Like the British, Uniforms are compulsory in most educational Institution across the island. The colonial Super Powers have influenced many countries, cultures and traditions over the course of history. These mixed traditions and cultures have created a form of identity for each country.

Portrayal of Latinos in Film Essay -- Movies Films Latino spanish Essa

From the late 1800's to the 1960's, Puerto Ricans began to rise to recognition as a dominating influence, creating chaos in American society. This comment is based on the immigration of Puerto Ricans to America, and the problems it caused. Most of it began in the 1980's, when a great influx of Puerto Ricans flooded urban American cities in large numbers, creating chaos in the White House. This immigration happened to coincide with the downfall of inner cities as well as the youth, who began to show delinquent behavior paralleled by the decline in the inner city's stable structure. A general social decay was in the works, and a distressed Ronald Reagan staged one of the most endurable campaign stops against Carter in front of the run-down, burned down city of the Bronx. To compensate for the unknown disorder of American cities at this point in time, Reagan and many others assumed that the rise of the ghetto of Hispanic immigrants was synonomous with the deterioration of our cities. So it became Hollywood's task to create false images that linked society's decline ...

How to Conduct Strategic Analysis

One critical piece of the Strategic Planning process is Strategic Analysis. It is an integral part of a company’s evaluation program; it provides managers with a comprehensive assessment of the organization’s capabilities and market factors; revealing growth opportunities and vulnerabilities. With this information, managers can more effectively choose from strategic alternatives and create the greatest future reward potential. A)Company Mission – Vision The first step I would take as part of my Strategic Analysis process would be to look at the Company’s mission and its vision.Mission statements include the aim of the organization, the organization’s primary stakeholders, the product or service offered and a declaration of the organization’s core purpose. A vision statement is similar to the mission statement but it doesn’t include customers or clients in the statement. The vision statement is for members of the company and it paints a picture of what the company aims to be in the future. Both the mission statement and vision statement must be examined before beginning the strategic analysis as they provide the framework for this process.B)External Analysis The next step I would take for my strategic analysis process would be to examine the company’s external environment. The external environment includes all factors that affect the firm. Some of these forces may be outside of the firm’s control such as technological, governmental, economic, cultural, and demographic factors. Knowing these factors however, enables a firm to look at strategies that work within their respective environments.Other factors within the external environment include: competitive rivalries, threat of new entrants, supplier power, buyer power, and threat of substitute products. These external industry environmental factors would be analyzed using Porter’s Five Forces Model which is discussed below. -Porters 5 Rivals fo rces One of the earliest models used to examine industry economics and industry activeness is Michael Porter’s Five Forces Model. This model identifies five forces at play in an industry’s environment (external).The five forces are: competitive rivalry, threat of new entrants, supplier power, buyer power, and threat of substitute products. The weaker these forces are the greater opportunity for superior performance by firms within the industry; the stronger these forces are the more difficult it will be. C)Internal Analysis The next step I would take in my Strategic Analysis Process would be to examine the company’s internal environment. The internal environment consists of those factors that exist inside the company.Some of these factors include the company’s identity, the knowledge of their employees, their financial situation, etc. Again, similar to the external analysis, there are many different models that analyze a company’s internal environm ent. The one to be discussed in this report would be the Value Chain which is explained below. – Value Chain Every company’s business consists of a collection of activities undertaken in the course of designing, producing, and marketing, delivering, and supporting of its product or service.All of the various activities that a company performs internally combine to form a value chain. This is because of the underlying intent of a company’s activities, which is to do things that ultimately create value for buyers. A company’s value chain also includes an allowance for profit because, it is customarily part of the price (or total cost) borne by buyers. The value chain consists of two types of activities: the primary activities that are foremost in creating value for customers, and the support activities that facilitate and enhance the performance of the primary activities.To conduct a Value Chain analysis you first have to make sure all activities both prima ry and support are identified. After this is done, costs must be allocated to these activities using activity-based costing. Performing this analysis will provide a picture of which activities cost the most money and identify problem areas or areas that could be more cost efficient. D)SWOT Analysis The next step I would take for my Strategic Analysis Process would be to take the findings of my internal and external analysis and lay it out in a SWOT (Strengths, Weaknesses, Opportunities and Threats) Analysis.The SWOT analysis guides you to identify the positives and negatives inside and outside of the organization. A SWOT analysis will provide perspective, and reveal connections and areas for action. The SWOT analysis breaks down Internal Strengths and Weaknesses of the organization along with External Opportunities and Threats. Strengths and Weaknesses of the Organization (Internal): In this part of the analysis, factors which are internal or within the control of the organization s hould be identified.These factors may include: skills and resources, structure, shared values, finances, staff/directors, and style of leadership within the organization or systems such as communications channels. All of these things will ultimately play a role in the organization and its mission. Opportunities and Threats Facing the Organization (External): All organizations are affected by outside influences over which they may have little control, this part of the analysis these factors will be identified. These factors have varying degrees of impact which are both positive and negative, on the organization.Factors to be addressed here will relate to the mission. They may include activities of competing organizations, government policies, society/community influences or trends, markets, the economy, lifestyles, the environment, demographic trends, technological advances or alternatives. E)Long-term objectives/Key Issue or Decision Point When information regarding the company and its internal and external environments has been laid out, long term objectives must be established. The key issue or decision point must be addressed.With the information gathered, realistic and measurable long term objectives may be set. One way of addressing or scoring these long term objectives would be to use a balanced score card. If the company’s long term objectives have already been set, then perhaps there is a key issue addressed or a decision that must be made. In this section of the strategic analysis process this issue or decision will be identified and analyzed in detail. F)Alternatives In this section of my strategic analysis process, alternative strategies to meet the long term objectives or to solve the issue or decision will be xplored. At first, all possible options will be laid out, including the status quo. The options will be narrowed down using pros and cons, as well as forecasting the outcomes of the various strategies. G)Choosing the Strategy/Recommend ations This is the final piece of the strategic analysis process. This involves choosing the best possible strategy of all the alternatives listed above. After the best strategy is chosen, recommendations may be given as well as an implementation plan developed.

An International Investment Portfolio Accounting Essay

International investing seems to pull many investors resulted from the many benefits of the published international investing portfolio by houses all over the universe. Fund investors can play a portion in the economic growing of the other states, able to reexamine their rate of hazard, recognizing variegation effects and taking advantage of different market sections on a planetary graduated table. Globalization reflects the world-wide growing of marketing single states. These advantages may look alluring but the hazards involved for international investing must non be overlooked. In an international investing position, fiscal investings are non merely subjected to currency and political hazard. However, there are many organisations drawbacks and troubles, one of which is related to revenue enhancement issues. These failings of an organisation normally benefited those investors who are able to pull off to get the better of those troubles in a well-organised attack. 1 IntroductionThe international economic activities presently have been increased dramatically due to the investing of concern internationally. International economic systems have become incorporated through a huge web of communicating and trade with the aid of globalisation. Due to globalisation, international flow of fiscal assets have been improved by many progresss in better lower cost of communicating and conveyance, which means that geographical distances are unimportant and therefore national economic systems are closely linked. Investing portfolio normally involves the purchase of bonds, portions, stocks and assets by foreign international investors, all of them with the cardinal aim of accomplishing a fiscal net income. It works in a assortment of different ways toward the end of conserving and bring forthing net incomes. Money could be made from perchance any investing environment even though international fiscal markets are really much composite. International portfolio investing is someway hazardous. The greatest challenge faced about by all investors in doing an investing portfolio work is by cognizing precisely what to make at the right clip. The factors that usually affects are foreign exchange rates, involvement rates and revenue enhancement rates on involvements. Therefore, a well-diversified portfolio is recommended to extenuate hazard. When the investors want to broaden their investing, they will detect the international market and puting in foreign companies. The important ground why internation al portfolio investing might heighten stable returns and cut down hazard is the broader variegation. One of the benefits of broader variegation is risk-return trade-off, which is more profitable while puting internationally. Another possible benefit is the variegation of currency, which means it non merely exposed a foreign company ‘s operation, but besides to this foreign currency. As an investing fund director, the direction includes make up one's minding what assets to buy, how many to buy, and when is the best clip to buy. These determinations must hold some analysis of measurings, which typically involves expected return on the portfolio and the hazard on the return. 2 Evaluation of the listed houses2.1 Brief debut of the 3 list housesDASHANG GROUP ‘A ‘ Code: CN: DDS ( P ) explain SPECIALTY FASH.GP. ( BER ) Code: Calciferol: MVJ ( P ) explain Pacific Internet Code: Joule: PNET ( P ) explain2.2 Asses the VaR exposure of the investings 2.3 Analyzing the economic exposure of each company Figure2.3.1: Figure 2.3.2: Figure 2.3.3: 2.3.1 Arrested development Analysis Arrested development analysis is a widely used statistical tool agencies on concentrating on analysing the relationship between a dependant variable, Y, and independent variable, X, utilizing the simple additive theoretical account Y = a + bX. Regression analysis gives an apprehension on how the dependant variable Y alterations with changing independent variable Ten. The values of X and Y are inputted into Microsoft Excel and by utilizing the arrested development attack, values of a and B are calculated. Excel will so end product a drumhead consisted of a arrested development statistics table and ANOVA. The R2 is a grade of fluctuation, measured in per centum, in the dependant variable that can be accounted for by the independent variables. Multiple R is fundamentally the square root of R2. The standard mistake is an estimated value that is determined by Excel in concurrence with the estimated coefficient. Adjusted R2 is calculated utilizing All calculated values are as shown in table 2.3.1.1. explain observations ( N ) .Arrested development StatisticssDASHANG GROUP ‘A ‘SPECIALTY FASH.GP.Pacific InternetMultiple R0.598157750.6082954860.907217302R20.3577926930.3700233980.823043232Adjusted R20.3565529110.3688165460.822704235Standard Error2300.21234338.18072501118.5093191Observations520524524Table 2.3.1.1:Arrested development Statisticss 2.3.2 ANOVA ( Analysis of Variance ) There are two tabular arraies in ANOVA. 2.3.2.1 ANOVA OUTPUT I The constituents of the ANOVA were tabulated utilizing the undermentioned equations: P represents the figure of coefficients and K represents the entire figure of coefficients which in this instance k=p+1= 2.Regression df = k – 1. Residual df = n – K. Entire df = n – 1. Entire SS = Regression SS + Residual SS. Regression MS = Regression SS/ ( k – 1 ) . Residual MS = Residual SS/ ( n – K ) . F =Regression MS/Residual MS. Significance F = FDIST ( F, k – 1, n – K ) .The consequences are as shown in tabular arraies 2.3.2.1, 2.3.2.2 and 2.3.2.3.Analysis of variancedfUnited states secret serviceMultiple sclerosisFSignificance FArrested development115269395491526939549288.598.99811 & A ; times ; 10-52Residual51827407259955290976N/AN/AEntire5194267665544N/AN/AN/ATable 2.3.2.1:ANOVA end product I – DASHANG GROUP ‘A ‘Analysis of variancedfUnited states secret serviceMultiple sclerosisFSignificance FArrested development1446954.807446954.807306.62.40467 & A ; times ; 10-54Residual522760954.7721457.8N/AN/AEntire5231207909.58N/AN/AN/ATable 2.3.2.2:ANOVA end product I – Forte FASH.GP.Analysis of variancedfUnited states secret serviceMultiple sclerosisFSignificance FArrested development134098162.834098162.82427.91.8982 & A ; times ; 10-198Residual5227331207.4514044N/AN/AEntire52341429370.2N/AN/AN/ATable 2.3.2.3:ANOVA end product I – PACIFIC Internet 2.3.2.2 ANOVA OUTPUT II The following phase is the coefficients. ( Note that the Numberss have been converter to 3 denary topographic points to salvage infinite ) . It gives the coefficient for each parametric quantity, including the intercept. T-stat value is the ratio of the estimated coefficient value divided by the standard mistake value. T-stat value can be compared across all variables in comparing with the criterion error.. The p-value is associated with the variable, and the assurance intervals of the parametric quantity estimates as evaluated by Excel.Analysis of varianceCoefficientsStd. MistakeT statP-valueLower 95 %Upper 95 %Intercept-4642.803833.091-5.5734 & A ; times ; 10-8-6279.455-3006.151X Var 11212.555971.37716.9889 & A ; times ; 10-521072.3321352.78Table 2.3.3.1:ANOVA end product II – DASHANG GROUP ‘A ‘Analysis of varianceCoefficientsStd. MistakeT statP-valueLower 95 %Upper 95 %Intercept424.12819.53521.7116 & A ; times ; 10-75385.751462.505X Var 1-165.3979.446-17.512 & A ; times ; 10-54-183.953-146.84Table 2.3.3.2:ANOVA end product II – Forte FASH.GP.Analysis of varianceCoefficientsStd. MistakeT statP-valueLower 95 %Upper 95 %Intercept-412.87230.206-13.671 & A ; times ; 10-36-472.213-353.532X Var 19.1250.18549.2732 & A ; times ; 10-1988.7619.488Table 2.3.3.3:ANOVA end product II – Pacific Internet 2.3.3 Assurance Time intervals for Slope Coefficients 95 % assurance interval for incline coefficient & A ; szlig ; 2 is from Excel end product ( -1.4823, 2.1552 ) . Excel computes this as b2 Â ± t_.025 ( 3 ) – Se ( b2 )= 0.33647 Â ± TINV ( 0.05, 2 ) – 0.42270= 0.33647 Â ± 4.303 – 0.42270= 0.33647 Â ± 1.8189= ( -1.4823, 2.1552 ) . Other assurance intervals can be obtained.For illustration, to happen 99 % assurance intervals: in the Regression duologue box ( in the Data Analysis Add-in ) , look into the Confidence Level box and set the degree to 99 % . 2.3.4 Test of Statistical Significance The coefficient of HH SIZE has estimated standard mistake of 0.4227, t-statistic of 0.7960 and p-value of 0.5095.It is hence statistically undistinguished at significance degree a = .05 as P & gt ; 0.05. The coefficient of CUBED HH SIZE has estimated standard mistake of 0.0131, t-statistic of 0.1594 and p-value of 0.8880.It is hence statistically undistinguished at significance degree a = .05 as P & gt ; 0.05. There are 5 observations and 3 regressors ( intercept and ten ) so we use t ( 5-3 ) =t ( 2 ) .For illustration, for HH SIZE P = =TDIST ( 0.796,2,2 ) = 0.5095. 2.3.5 Test Hypothesis on a Regression Parameter Here we test whether HH SIZE has coefficient & A ; szlig ; 2 = 1.0. Example: H0: & A ; szlig ; 2 = 1.0 against Ha: & A ; szlig ; 2? 1.0 at significance degree a = .05. ThenT = ( b2 – H0 value of & A ; szlig ; 2 ) / ( standard mistake of b2 ) = ( 0.33647 – 1.0 ) / 0.42270 = -1.569.2.3.5.1 Using the p-value attackp-value = TDIST ( 1.569, 2, 2 ) = 0.257. [ Here n=5 and k=3 so n-k=2 ] .Do non reject the void hypothesis at degree.05 since the p-value is & gt ; 0.05.2.3.5.2 Using the critical value attackWe computed t = -1.569The critical value is t_.025 ( 2 ) = TINV ( 0.05,2 ) = 4.303. [ Here n=5 and k=3 so n-k=2 ] .So make non reject void hypothesis at degree.05 since T = |-1.569| & lt ; 4.303.2.3.6 Overall Test of Significance of the Regression Parameters We test H0: & A ; szlig ; 2 = 0 and & A ; szlig ; 3 = 0 versus Hour angle: at least one of & A ; szlig ; 2 and & A ; szlig ; 3 does non equal nothing. From the ANOVA tabular array the F-test statistic is 4.0635 with p-value of 0.1975. Since the p-value is non less than 0.05 we do non reject the void hypothesis that the arrested development parametric quantities are zero at significance degree 0.05. Conclude that the parametric quantities are jointly statistically undistinguished at significance degree 0.05. Note:Significance F in general = FINV ( F, k-1, n-k ) where K is the figure of regressors including the intercept. Here FINV ( 4.0635,2,2 ) = 0.1975. 2.3.7 Predicted Value of Y Given Regressors See instance where x = 4 in which instance CUBED HH SIZE = x^3 = 4^3 = 64. yhat = b1 + b2 x2 + b3 x3 = 0.88966 + 0.3365-4 + 0.0021-64 = 2.37006 2.3.8 Excel Restrictions Arrested development in Excel has a figure of restrictions:No standardized coefficients. It was really hard to construe unstandardised coefficients. The standardized coefficients could be calculated utilizing the unstandardised coefficient if it is needed.Lack of diagnostic graphs. The standard diagnostic graphs were non available in Excel, such as the secret plan of the remainders, the scatter-plot or remainders against predicted values.Lack of Diagnostic statistics. There were no co-linearity nosologies, which would supply a more apprehension of the informations that was analyzed.Excel standard mistakes and t-statistics and p-values are based on the premise that the mistake is independent with changeless variable. Excel does non supply alternaties, such autocorrelation criterion mistakes and t-statistics and p-values.3 Decision 4 Mentionhypertext transfer protocol: //www.qimacros.com/qiwizard/regression.htmlhypertext transfer protocol: //mallit.fr.umn.edu/fr4218/assigns/excel_reg.htmlhypertext transfer protocol: //www.jeremymiles.co.uk/regressionbook/extras/appendix2/excel/

Isolation of Aspirin

Once the aspirin is prepared, it is isolated from the reaction solution and then it is purified. The aspirin is insoluble in cold water, and it is isolated by filtering the chilled reaction solution. Purification is essential to remove any unreacted salicylic acid and acetic anhydride as well as the acetic acid product and phosphoric acid. Acetic anhydride is caused to decompose by the addition of water once the formation of aspirin is complete. C4H6O3 (Acetic anhydride) + H2O (Water) ————————-> 2C2H4O2 (Acetic Acid) The acetic acid and phosphoric acid are water soluble and it is removed by washing the aspirin with chilled water. Salicylic acid is only slightly soluble in water and is not completely removed in the washing steps. Phosphoric acid can be used instead of sulphuric acid if desired to obtain the higher yield, as sulphuric acid reacts more readily with the organic molecules involved in the reaction than phosphoric acid. However, phosphoric acid does not absorb water in the reaction; therefore it may be a slower process. Final purification is completed by the process of Recrystallisation. By recrystalising the crude aspirin slowly, it was possible to obtain large crystals with an exact structure by allowing the aspirin molecules to join together in a precise way. The regular molecular crystal structure of the final product makes it more difficult for impurities to be included, eliminating impurities present in the formless crude product. The impure aspirin is dissolved in warm ethanol. The solution is then cooled slowly, and the aspirin crystallises out of solution leaving the salicylic acid and other impurities behind. In my experiment, pure aspirin was obtained after filtering out the impurities and excess reagents through the filter paper. A method to check a solid compound’s purity after recrsytallisation is to check its melting point. The melting point of a compound can be used to identify it and also to estimate its purity. Normally an impure compound will show a melting point which is lower than that of a pure compound. Therefore, if the sample of aspirin melts at a temperature below the accepted melting point two possibilities can exist; either the sample is impure or it is not aspirin. A pure substance will melt sharply at 1-20C per minute when nearing the expected melting point in order to get a more accurate range. An impure compound will melt over a wider temperature range.

Chevrolet Case Analysis Essay

Then: ​ In the beginning, Chevrolet positioned itself strongly as a theme of â€Å"quality vehicle with deep roots in America’s past. Priding themselves on the traditional representation of the sporty car brand, Chevrolet has made great strides over the years. Firmly entrenching the brand as a key part of the American culture, Chevrolet has made many attempts to associate with American sporting events. For example, Chevrolet sponsored the All ­American Soap Box Derby for a decade. In addition to sponsoring events, Chevrolet also sponsored drivers with their vehicles for racing circuits such as NASCAR. Another subcategory Chevrolet used along with the American theme was patriotism in its promotional aspects. Taglines with the phrases â€Å"America’s Best Seller,† â€Å"America’s Best Buy,† and â€Å"Like a Rock,† were all famous for reminding consumers about Chevy’s great history as an American leader for automaking. This was perhaps the biggest aspect of Chevrolet’s branding as a company in the United States. However, when it came to Chevrolet as a leading automaker overseas, four values represented the company to their foreign consumers: durability, value, practicability, and friendliness. Many of their various taglines surrounding these values create  strong brand cohesiveness. Although Chevrolet has adopted more of a global brand strategy, it still customizes its branding to appeal to certain markets. Now: ​ Currently, Chevrolet is making plans to launch new vehicles and continue advertising and promoting their brand to consumers. Despite the recall at the beginning of the 2014 year, according to Chevrolet’s marketing leaders,â€Å"†¦the automaker is not spending more on advertising or incentives than previously   budgeted and isn’t likely to change that strategy† (â€Å"GM Stick with Marketing Plan Despite Recall†Ã‚ ­ USA Today). The plan is to focus on the product and not the publicity of trying to defend themselves as a company. Therefore, there will not be a recall ad and instead there will be just ads showing new products introduced recently. As stated before, Chevrolet is looking to spend more marketing money and energy on its full ­size pickups and SUVs this year. On the other side, Chevrolet is using the NFL Superbowl in hopes to boost not only national but global awareness with its ads. Chevrolet continues to also sponsor sports with â€Å"​  Chevrolet’s jersey sponsorship with English soccer club Manchester United†¦will put the Chevrolet bowtie logo in front of the club’s worldwide fan base of some 700 million people..† (â€Å"Audi, Chevy and Lincoln Plan to Boost Ad Spending in 2015†  ­ AdAge)​ . Chevrolet’s current marketing innovations regarding technology with 4G LTE in its vehicles also proves that Chevrolet plans to remain relevant with consumer wants and needs. The GMC Problem Chevrolet’s biggest problem is in fact it’s biggest company supporter, GMC. GM is the starting point for Chevrolet, yet it has been not once but twice in a position that jeopardizes the equity of the Chevrolet brand. GMC is the problem for Chevrolet because of their bad publicity regarding the 2008 bailout and 2014 recall crisis thus far. As mentioned before, Chevrolet’s association and alliance with GMC causes them to have a bad reputation at times, even with Chevrolet’s freedom to stand on   its own as a brand. In the case of GM, the company’s bankruptcy and subsequent bailout had the ability to contaminate its four brands of vehicles, in spite of their individual merits. Therefore, Chevrolet has to figure out how they are going to deal with the bad publicity domino effect that falls upon them every time GM fails. Recommendations Even with a company as successful as Chevrolet, there is always room for improvement. Tactical modifications that can be made to enhance the Chevrolet brand’s equity to remain substantial while in alliance with GM could be examples of: brand decisions to enhance self ­image and product loyalty, increasing brand value from recognition and preference to brand  insistence for their products, and focusing slightly on marketing strategies for ethical and social responsibility if they continue to be a part of GM. Chevrolet is a high quality brand nonetheless, however, they focus on American vehicle tradition where they could take a step back and focus on the consumer. If Chevrolet would reposition a few of their vehicles to show how it would enhance the self ­image of the consumer driving a sporty yet luxurious car, there is a possibility they will get great feedback in sales. Consumers currently are looking for mass customization products that can be used on every level of purchasing decisions. Therefore, it would a smart move for Chevrolet to focus on the consumer even more as the â€Å"person behind the car† (â€Å"man behind the mask†), while still including valuable information about the car itself.

Healthcare Consent legislation Essay

Healthcare Consent legislation applies to everyone above the age of 18 (some places 16) and has the following rights (Ref 1) 1)The right to give or refuse consent 2)The right to choose a particular form of healthcare on any grounds including moral or religious grounds 3)The right to revoke consent 4)The right to expect that a decision to give, refuse or revoke consent will be respected 5) The right to be involved to the greatest degree possible in all case planning and decision making Mostly all nursing actions are an invasion of a person’s privacy and giving consent is carried out by going into the hospital or being treated at home. So one can say that consent is based on the principle of respect for a fellow human being. (Ref 1,2) This legislation tells me that all patients and clients have a right to receive information about their condition. As a nurse I should be sensitive to their needs and respect the wishes of those who refuse or are unable to receive such information. (Ref 1,2) For instance, there may be a language barrier and I should not just go about reading the consent form in English, rather I should arrange for a interpreter or find a nurse who speaks the clients language. I also respect their decision of autonomy-their decision to accept or decline any health intervention even if a refusal means loss of life, example Jehovah s witness refusing blood transfusion. The client will now have alternate options given by the Health Care Providers. Informed consent is obtained by a legally competent person, who voluntarily accepts or declines the consent after being informed of the treatment including side effects, adverse effects.(Ref 1,2) Many people are frightened by unfamiliar medical procedures and interventions and may thus want to back off from any treatment. This decision should be respected, and the client should not be forced into taking any of these medication or treatment. Rather the nurse can educate them to the best of her education and training if the client wants to know about it. Historically dating back to 1914, it was Justice Cardoza who changed the concept of research ethics involving human beings. The foundation of modern day informed consent is based on his statement â€Å"Every human being of adult years and sound mind has a right to determine what should be done with his (or her) own body.†(3) There were many historical events that lead to present day consent acts. Some of them were as follows (ref #3) 1) Tuskegee Study of Untreated Syphilis in Black  Men (1932-1973) 2) The Nuremberg Code as a result of the Nazi Medical Experiment during World War II (1947) 3) The Thalidomide experiment that resulted in birth defects (1950) 4) The declaration of Helsinki (1964) I feel these events all had a big role in shaping modern day HCCA and Consent legislature.Previously, a simple consent question would be â€Å"did the patient agree to surgery?† (Ref 2), which now has evolved into â€Å"Did the physician provide the patient with adequate amount of information for the patient to consent?† This newer version of the legislation allows the nurse to participate in proper advocacy so as to promote patient autonomy in self-determination. Initially informed consent meant saying â€Å"YES† to any treatment or intervention laid out by the physician and advocated by a nurse (Ref 1). Now informed consent means being able to say â€Å"NO† and this in itself is a part of exercising ones autonomy.(Ref2)Nurses should practice with the knowledge that clients must consent to be touched ,to have treatments administered , to undergo surgery, for bathing, positioning, taking vital signs, physical assessment ,changing dressings, venipuncture,wo und irrigation, catheter insertion just to name a few. If a patient or client is not capable of giving consent then besides the HCCA (1996) Ontario does have the Substitute Decision Act(1992) SDA . This act allows a substitute decision maker –a spouse, a relative, a parent and in the absence of these someone can be appointed by legal authority if the patient has not indicated otherwise. In emergencies where the priority is preservation of life, a nurse or HCP can provide care to the patient or client without their consent if they are incapacitated, provided it is demonstrated that this action was carried out in the best interest of the patient or client.(Ref 1) In conclusion, I can say that nurses are patient advocates and an essential member of the healthcare team contributing meaningfully to the informed consent process. There are many barriers to the HCCA especially in terms of informed consent, but the well informed and knowledgeable nurse is competent enough to have a thorough understanding of her clients’ needs. She being the clients best advocate will implement the informed consent procedure so as to maintain the clients’ autonomousity so that he or she can maintain their self-determination. This legislation has allowed nurses to be accountable for the best interest of the client and  carry out their role as a client advocate.

Grading System or Salary Scales for an organization Assignment

Grading System or Salary Scales for an organization - Assignment Example r most of the varied local government services workers and for this reason all these are totally decided by the National Joint Council for the local government services. Thus it is of prime importance to understand that the employers use the past salary arrangement whichever they have used successfully during the past years to make payments and also to structure the salary structures for the present and the future years. Hence though it is up to the sole discretion and up to the employers to determine the salary of the employees they have to always bear in mind that the salary structure will always have a huge impact on the minds of the employees and also their productivity which can surely affect the performance of the company and also the profits acquired by the company and also the individual performance of the employees with respect to their commitment to the organization. This will surely go a long way and a simple fault on these lines in determining the salary structure of the individual employees will surely affect the overall organization in the future. For this very reason the employers have to be very clear and also very honest and also should be very liberal and also use all their discretionary powers when determining the salary structure of the employees. Hence it is of prime importance that the managers who are entrusted with the determination of the3 salary structure have to take extra precautions and also structure the salary scales based on various factors and not based on their individual whims and fancies. It is for this very reason that the organization and its managers who are going to structure the salary scales have to attend meetings and also should be very well trained pack of officials who can very well determine what type of salary should be fixed for the employees and also on what basis. Thus before the determination of the salary structures they should have high level meetings and also conduct a proper performance appraisal for the

Analysis of the War on Terror Discourse from the Perspective of Dissertation

Analysis of the War on Terror Discourse from the Perspective of Systemic - Functional Linguistics - Dissertation Example Halliday’s Systemic-Functional Linguistics. Before we go into the actual formation in the speeches, let us first re-examine the core essence of the Interpersonal Metafunction within SFL itself. There are three component areas: the speaker/writer persona, social distance, and relative social status. Interpersonal Metafunction within SFL Societies, or individual if you like, form contexts based on experience. The evolution of experience, therefore, equals the evolution of meaning. However, the system of this formation is more a maze than a cycle because almost every components is a variable whose value is relative to almost every receiver in the formation of the experience. On the interpersonal level, the context and meaning of a text depends largely on speaker/writer, the giver of the text. From the image, persona, and all that constructs the speaker/writer stands for, the context is formed and subsequent meaning to the text is attached. It is, therefore, almost impossible to e xamine any process of information exchange by isolating the speaker or source of the message from historical frameworks. By now, some of you are probably saying that contexts are also largely formed by the receiver’s personal experience. ... However, expressions of future orientation or modalities are not independent causations that you can examine in isolation. In fact, these are results rather than causes of a long process where language is constructed, evolved, deconstructed and elevated to a position of power that can change countries and its destiny. A political speech is one clear example of how the interpersonal metafunction can influence and even manipulate human experience through systematic functional linguistics. Political speeches are delivered rarely as a mode of reporting. Political speeches are delivered to convince, gain votes, get approval of current and prospective voters primarily and all the other secondarily. There is, perhaps, no other platform of communication where meanings are pre-formed even before actual linguistics than a political speech. The persona or source of the message has already formed his meanings through the political parties he or she has chosen to join, stance on political issues, overall media behaviour, and even, physical appearance. The personal forms the social standing and establishes the social distance. Yes, those meanings can be changed as receivers form their own contexts but it can also be enforced once the speaker imposes his or her own using different rhetoric, form different ideas, and establish different presets. The rhetoric used in that speech was one that inspired, not forced take note, the entire nation into war. The text that was used, the thematic formation, and the poetry above the message operated across texts and across time. To demonstrate how the Interpersonal Metafunction in a Political Speech can manipulate human

Case analysis Study Example | Topics and Well Written Essays - 2000 words

Analysis - Case Study Example He speaks in a stream of words that refer to the world and how â€Å"screw up it is†, when he reflects back on the traumatic experience he underwent. Signs of PTSD can be activated by sounds, memories, and dreams linked to the past trauma (American Psychiatric Association, 1994). In addition, seeing the objects or the people who may have taken some part in the trauma may trigger the symptoms of PTSD. He desperately wants to call his sister because he feels that she could be a source of solace when he is in problems. Jack exhibits post-traumatic stress symptoms, which are classified into three DSM IV categories. First is the persistent re-experiencing of the incident, which is also referred to as the intrusive signs. In this category, the victim could be experiencing vivid recollections, nightmares and a feeling of re-living the incident. Second is the persistent evasion of any stimuli, which might remind them of the traumatic condition. Finally, is a state where the victim experiences hyperaousal condition that causes hepervigilance, sleep interruption, and startle reflexes (Yehuda et al. 2002). The consequence of all these behaviors is some level of mental distortion, which prevents the victims from taking part in their daily activities. Other signs include bad temper, emotional liability, agitation, and sometimes eruption of violent behavior. If Jack is not treated on time, he may result to substance abuse in an attempt to seek self medication. Depending on the duration that Jack has suffered from this disorder since he experienced the traumatic event, the disorder can be categorized based on the DSM IV 4 including acute stress reaction, acute PTSD, chronic PTSD and delayed onset of PTSD. A multiaxial Diagnostic System commonly denoted as DSM-IV-TR uses diagnostic system with 5 levels used in the classification of disorders and illnesses. These five levels assist whoever is providing a

Evidence for Practice Innovation. Evidence-Based Nursing Essay

Evidence for Practice Innovation. Evidence-Based Nursing - Essay Example Due to the fact that evidence in nursing practice is a recent idea, it has not been embraced by many nurses. In fact only about 15% of the nurses in practice work within the requirements of evidence based practice. This small percentage is quite devastating since this concept has been well explained and its significance documented . This figure also shows the negative attitude that is present among the nurses towards the concept in question. Due to this negative attitude they have not embraced the concept thus derailing its success. It is also human that people become resistant to changes that occur in their field of work, especially if the change is as demanding as in the case of carrying out researches as in this case of evidence based practice. Many decisions that are made in bid to improve the quality of health care services offered always leaves out EBPN showing some bias towards the idea. This calls for the nurse leaders to take the initiative to find a way through which they can facilitate the diffusion of the concept of evidence among the nurses. These leaders will have to innovate an easier way to facilitate the nursing workforce to adopt this excellent concept of evidence based nursing practice. This thus forms the platform for the discussion of this topic on evidence based practice innovation amongst the nursing workforce. In this essay the issues to be discussed include the following. First, is the reason as to why the subject was chosen for discussion, second is to formulate a focus question. The essay also requires the writer to plan and carry out a structured search in order to find relevant evidence that will answer the focused question. Synthesis, appraisal and evaluation of differing types of evidence will be discussed and so will be the relevance of this topic to practice development.   Ã‚   Rationale for the choice of the subject Evidence for practice innovation being the topic of the discussion was chosen for various reasons. To begin with, there is a great necessity to innovate the concept of evidence for practice so as to make it easy for the nursing workforce to embrace the idea of evidence in practice. This is because the idea of evidence is very beneficial in the nursing profession and it will ensure that the services offered by the nursing workforce are scientific. Being one of the people in favor for the evidence based nurse practice; the writer is obliged to facilitate its innovation so as to eradicate the negative attitude many nurses have towards it3. Many nurses that are in practice face a huge challenge in translating research evidence into their practice. For this reason many of them recent the idea of using EBPN in their practice. If this idea was innovated making the interpretation process easy, many of these nurses would embrace the idea with lots of ease. Innovation would also be a wise move to ensure that there is adequate time for clinical attention to the patient. Time has always been a challenge for the nurses due to the increasing demand in health care services. Another

Post-modern Performing Art Essay Example | Topics and Well Written Essays - 3500 words

Post-modern Performing Art - Essay Example One feature of recognizing dance as a performing art is recognizing its evanescence. Once we accept the transience of dance in this sense, we must still acknowledge its permanence: that the very same dance can be re-performed at some later date. But that fact itself must be explained. And if we want to understand the performing arts a little better here, it is first necessary to say something about the arts more generally. The critic writes an interpretation of a work of art—a poem, a painting or a dance. These interpretations are centrally, often exclusively, verbal in character, even when they are interpretations of dance or music. We call these ‘critic’s interpretations’. Second, there is the interpretation of the performer in a performing art. The performer is irrelevant to what the work of art (in a performing art) means, although my earlier remarks may have tended in that direction. It is not as though something that could be interpreted by the critic is instead interpreted by the performer. Rather, whenever the critic confronts the work of art itself (rather than the score, say) he necessarily confronts something already interpreted by some performer, if this is a work in a performing art. Works in the performing arts come, as we have seen, with a label reading ‘And now perform it’. The content of such a label is always relevant to the meaning of such-and-such a work of art. For only in performance is a token of that type-work available for criticism. The performer’s interpretation does not really.... But that fact itself must be explained. And if we want to understand the performing arts a little better here, it is first necessary to say something about the arts more generally. The critic writes an interpretation of a work of art-a poem, a painting or a dance. These interpretations are centrally, often exclusively, verbal in character, even when they are interpretations of dance or music. We call these 'critic's interpretations'. Second, there is the interpretation of the performer in a performing art. The performer is irrelevant to what the work of art (in a performing art) means, although my earlier remarks may have tended in that direction. It is not as though something that could be interpreted by the critic is instead interpreted by the performer. Rather, whenever the critic confronts the work of art itself (rather than the score, say) he necessarily confronts something already interpreted by some performer, if this is a work in a performing art. Works in the performing arts come, as we have seen, with a label reading 'And now perform it'. The content of such a label is always relevant to the meaning of such-and-such a work of art. For only in performance is a token of that type-work available for criticism. This means that the performer's interpretation does not really constitute a level of interpretation at all. For one cannot confront the work of art except in this 'interpreted' form. So speaking of the dance/language analogy, and of the linguistic character of our understanding, emphasizes that the place at which the meanings of dances are most readily located is in discussions of those dances, that is to say, in the linguistic element which is

Working with your own definition of culture, how important do you Dissertation

Working with your own definition of culture, how important do you think culture is when considering change and innovation - Dissertation Example Culture and innovation 3 2.1 Definition of culture 3 2.2 Cultural influence on innovation 4 3. Own teaching situation 6 3.1 Classroom culture in Japan: realities in the classroom 6 3.2 MEXT's Top-down drastic reforms 7 4. Importance of considering culture and the need for innovation 7 4.1 Importance of culture for ELT innovation in Japanese secondary English education 8 4.2 Why Japan needs such a drastic innovation in English education 8 5. Suggestions for successful implementation of ELT innovation in Japan 8 5.1 Milder implementation of CLT 9 5.2 Adaptation not adoption 9 5.3 Intercultural competency 10 5.4 Reformation of yakudoku 10 6. Conclusion 11 References 12 Appendix 14 List of Figures Figure 1: Resistance to culturally incompatible ELT innovations 4 List of Tables Table 1: High and low context cultures 5 Abbreviations used ALT Assistant Language Teacher CLT Communicative Language Teaching ELT English Language Training ESL English as a Second Language JET Japanese Exchange an d Teaching (Programme) JTE Japanese Teacher of English MEXT Ministry of Education, Culture, Sports, Science and Technology (of Japan) 1. Introduction Japan has been going through a period of major reforms in English language education over the past two decades with the Japanese Ministry of Education, Culture, Sports, Science and Technology (MEXT) attempting to promote the Communicative Language Teaching (CLT) methodology. ... In the 1989 guidelines, it was declared that the development of students' communicative abilities in English was to become the focus of English language education in Japan (MEXT, 1989). The latest reforms in 2008 introduced more drastic reforms favouring the adoption of CLT and instructing Japanese teachers to teach English by using only English in class. This innovation is set to be implemented in senior high schools in April 2013 (MEXT, 2008). CLT is now widely accepted as a dominant methodology in second/foreign language teaching in the West. But when imported into non-Western countries such as Japan, it has caused confusion and led to resistance by teachers and students alike. As with many other East Asian countries, Japan now faces a big challenge in implementing CLT in actual classrooms (Littlewood, 2007). White (1995: 118) asserted that if innovators take the beliefs, values and history of the surrounding culture into deeper consideration then the positive innovation they prop ose can usually stand a better chance at long-term acceptance. The discussion of the significance of culture in implementing innovation in English language education in this paper begins with defining culture and describing the characteristics of Japanese culture using the high-low context culture framework developed by Hall (1976). The writer's own teaching experience at a senior high school English class in Japan is then described to provide insight into classroom realities in Japan and the impact of MEXT's reforms. This is followed by an analysis of the cultural influence on innovation and a discussion of how and why culture is an important consideration in English language education in Japan. It is hoped that the suggestions made thereafter will

Hedging An Equity Portfolio Essay Example | Topics and Well Written Essays - 2000 words

Hedging An Equity Portfolio - Essay Example 7 Reference: 9 1.0 Introduction A US equity fund manager holds â‚ ¬100m in a portfolio comprising the largest US stocks which perfectly replicates and benchmarks the S&P 500 index. The US Federal Reserve indicated that the programmed quantitative easing of purchasing $85 billion is not going to be carried out. The quantitative easing is used to stimulate the price when the corresponding interest rate decreases to 0%. The non execution of the quantitative easing is set to correct the equity market. The fund manager predicts that the reluctance of the US Federal Reserve to perform a quantitative easing is going have a profound effect on the performance of the portfolio. For this reason the fund manager as such wants to hedge the portfolio using option instead of futures. 2.0 Advantages and disadvantages of using options to hedge this scenario compared to using futures only Fund managers use both futures and options to order to hedge their portfolio. Though there are some marked diff erences in the two types of hedging tools. The choices of the hedging tools depend on the fund manager as well as the objective to hedge. In the present scenario, the fund manager has decided to use the options instead of futures (Reilly and Brown, 2000). This is because of the reason that the options provide certain leverage in comparison to futures. The most basic advantage is that an option gives the option holder the right and not an obligation. In case of the futures both the parties have equal obligations. The second advantage is that the amount of loss is limited to the buyer of option while in futures the losses can be unlimited. Option and future both provides same opportunity to the holder to minimize loss and at same time make profit. The US Federal Reserve has decided to stop quantitative easing. The quantitative easing techniques are supposed to create a stimulant which helps to ease the pressure on prices of funds. The price decreases when the interest falls or drops s harply. The sharp drop of interest is associated with a corresponding decrease in the price level. This means if the fund manager wants to invest in various funds, then the increase in the price of the various funds will limit the ability of the fund manager to invest effectively (Hearth and Zaima, 1998). The fund manager is not sure what will happen in the future but the non execution of the quantitative easing program indicates that the fund manager can only invest in limited fund with the present value of the equity portfolio, since the price of the funds have increased. If the fund manager anticipates that the share price will increase then he can buy a future. The sudden growth in the share price of equity may not find enough buyers. The problem with buying a future contract is that if the price of the funds drop then the fund manager is obliged to sell the future at the decreased price. So the future holder is in a risk, if the anticipated increase in price does not take place and instead of that the price actually decreases. So on one hand there is chance to make profit while on the other hand there is chance to incur loss. There are no restrictions to the limit of profit or loss. This is one of the greatest disadvantages of using the future contract. The advantage of the options with respect to future can be explained with the help of an example. As already explained the find manager is anticipating in increase in the p

Cultural Sensivity Essay Example for Free

Cultural Sensivity Essay The manner in which color is employed in an international context is a significant factor which is frequently maltreated or neglected by the developers of Web sites and instructional material. What is more, its application is even more complicated due to the notion that perception of color is conditioned not merely by ones physical competence to see it. It is even more important for a designer to understand the meaning of a color in terms of cultural preferences. Following are some recommendations in regards to the worlds attitudes toward the basic colors. So, the developer of a site oriented on an international viewer should keep in mind that blue is the best-tolerated color worldwide. Blue is one of the colors that is unobjected in the majority of ethnical traditions. Therefore, a designer can employ it for all sorts of sites, no matter what its audience, purpose, or placement are. In regards to the pleasant perception of this color specialists state that on our planet you cannot find anything that would be isolated from the surroundings – that is, excluding the sky. This may be the cause for prevailing religious beliefs place their deity somewhere above, while evil usually resides under the ground. There is a group of colors that possess somewhat indistinct characteristics and meanings. Among those one should mention pink. When developing sites for citizens of East India, it is recommended to avoid pale version of this color for the reason that male audience consider it as having a feminine attribute. In some states, on the other hand, representatives of both genders favor pastels; the perfect example is Japan. But the most important category for the designer to remember is the group of unsafe colors. The most noteworthy example is purple, which is received negatively in all around the world. Catholic-dominated countries, for example, have this color as a representation of death and crucifixion. Moreover, it symbolizes mystical teachings and practices that oppose the tenets of Christianism, Judaism and Muslimism. It is crucial for instructional designers to realize that all material is unseparatable from culture. Thus, Web site developers must take some special aspects of culture like, for example, color preferances, and integrate them into the project in order to create culturally sensitive presentation. Reference List 1. Design at Work Leaning Network. (April 2003). A brief introduction to information design. Retrieved on February 23, 2007, from http://http://www. christiania. edu/iforum/iforum/ePaper_no_4_3003. pdf.