Tuesday, December 31, 2019

The Youth Day Center Reflection Essay - 2044 Words

In my paper, I will discuss the Youth Day Center Reflections/Breaking Cycles, and their mission. First, I will talk thoroughly about Charles Desiderio, who was my interviewee for my final project. We will explore his background, his motivation, and his goals at Breaking Cycles. Next, we’ll discuss the requirements to be a Special Education Aid at Breaking Cycles. Following, we’ll analyze Breaking Cycles: how the process works, what they offer, who they serve, and what their goals are, and what challenges, if any, the agency faces. Next, I will give an evaluation review to the Youth Day Center Reflection/Breaking Cycles, based on Lisbeth Schorr’s seven attributes. Finally, I will discuss my experience at Breaking Cycles, and will touch on the two scholarly articles that I found through the California State University of San Marcos library, â€Å"Race, Ethnicity, and Youth Perceptions of Criminal Injustice† by John Hagan, and â€Å"Parent-Youth Conflict and School Delinquency/Cigarette Use: The Moderating Effects of Gender and Associations with Achievement-Oriented Peers,† by Ruth X. Liu. My goal is to inform other colleagues what Youth Day Center Reflections/Breaking Cycles has to offer to the juveniles. First all, I would like to thank Charles Desiderio for allowing me to have an opportunity to interview him. Charles Desiderio is a Special Education Aid from Youth Day Center Reflections/Breaking Cycles located in San Marcos, California. Mister Desiderio will be graduating fromShow MoreRelatedThe Crime Committed By The Three Boys1087 Words   |  5 Pageswas committed due to normative adolescent behavior. Since these boys did not deliberately plan and have a motive in this crime, it would be believed to be a norm in behavior due to their age. They would be sent to an institution made just for the youth, similar to what the three boys were sent to in the movie. The young offenders Act would react to this situation through custodial sentences, which is divided into 2 judgments; open and secure. In which secure would consist of considering the lastRead MoreA Reflection On Labeling Mental Illness1560 Words   |  7 PagesA Reflection on Labeling Mental Illness in Adolescence Over the past two months that I have spent enhancing my knowledge of mental health nursing with adolescence at the Youth Resource Center (YRC), I have encountered numerous learning opportunities that have allowed me to reflect both upon the profession of nursing as a whole, as well as my own future practice. As nursing students we are taught that the capacity to reflect critically is crucial to a nurse’s ability to grow as a practitionerRead MoreIs Technology Pulling Us Towards A Better Future? Essay1437 Words   |  6 Pagesthem out. The older generation compared to now don’t rely as heavily on the use of these electronics as the teenagers. For example, they talked more with others and interacted with them. Technology is really useful and anyone can do anything these days with it, such as Uber, Lyft, shopping, chatting, networking, homework, and more. But there’s more dangers of being on the internet, for example how students put their information onl ine for others to view. Students can develop bad habits and problemsRead MoreEagle Academy for Young Men: The Philosophical and Practical Foundation of the NYC Exploration Club1191 Words   |  5 Pageslead advisor of two special extensions ELO programs: Eagles in Flight Saturday NYC Exploration Club for 6th 7th graders and Artack for 7th-12th graders at the Bronx campus. These programs are designed to enhance the learning experience of at-risk youth. Unlike their wealthier counterparts, students who are socioeconomically challenged do not have expansive places to play after school or a long list of activities to go to. These programs attempt to address that deficit. This paper will specificallyRead MoreTeen Smoking : By Chris Woolston950 Words   |  4 PagesWhile the article text written about Teen Smoker. I found that, today, as months turn into days and days into hours, the population of teen smokers dramatically increases. Apparently, there is enough material that helps to e xpound on this thesis. The author gives sufficient data about how teen smokers are increasing among youths citing ample convincing evidence from prior researches. He also gives the causes of the augmentation of the smoking behavior among teens and effective ways through whichRead MoreEasy Rider: a Pursuit of American Identity1359 Words   |  6 Pagesthe American dream Easy Rider is the late 1960s road film tale of a search for freedom (or the illusion of freedom) and an identity in America, in the midst of paranoia, bigotry and violence. The story, of filmmakers Fonda/Hopper creation, centers around the self-styled, counter-cultured, neo-frontiersmen of the painfully fashionable late 60s. As for the meaning of Easy rider, Peter Fonda (Wyatt) said in an interview with Rolling Stone magazine,  ¡Ã‚ §it is a southern term for a whore ¡Ã‚ ¦s old manRead More Mellsy’s Outline for Research Paper1560 Words   |  7 Pagesmake sure it stays a safe environment for all the young children in it. (Webster’s Dictionary) Adolescence is a time for young people to define their place in the family, peer groups, and the larger community. During this stage of their lives, youth struggle with the transition from childhood to adulthood. During childhood, they depended mainly on their parents for economic and emotional support and direction. In adulthood, though, they will be expected to achieve independence and make choicesRead MoreIncreasing Violence Amongst Youth1420 Words   |  6 PagesYouth violence is an increasing concern in our society. Violence, as defined in Websters online dictionary, is an intense, turbulent or furious and often destructive action or exertion of (physical) force so as to injure or abuse. There is a growing perception that there is a steady rise in violence amongst todays youth, and with this increased attention, comes many sources of blame for their actions, however, all but one are simply excuses. There is a lack of hard evidence to support theRead MoreDoes Gangsta Rap Harm Black Americans?861 Words   |  4 Pagesthe genre’s dominant style in the 1990s, a reflection and product of the often violent lifestyle of American inner cities afflicted with poverty and the dangers of drug use and drug dealing. The romanticization of the outlaw at the center of much of gangsta rap appealed to rebellious suburbanites as well as to those who had firsthand experience of the harsh realities of the ghetto. â€Å" We all know that Hip Hop’s audience has expanded past our inner city youths. Hip Hop concerts are a melting pot of racesRead MoreA Moveable Feast By Ernest Hemingway1420 Words   |  6 Pagestime at the end of his life leading up to his premature death. If one is familiar with his life, and especially his later years, A Moveable Feast gives insight into his life at the time of writing his memoir. The text itself is about Paris, but the reflection comes from an older Hemingway who was sentimental, longing and nostalgic. Regardless of the comments from family, friends and academics, interpreting the text itself in A Moveable Feast is the best way to learn about Hemingway and his mindset during

Monday, December 23, 2019

The Key Elements Of A Successful Business - 1423 Words

I have chosen to do my research in small business. I want to know what it takes to build a successful business. What are the skills needed to start a new business? What are some of the steps to building a business model and plan? I am working on getting my degree in business. I am a general manager and will be soon help the company expand in opening two new stores in the next few months. This is something that is exciting to be able to expand the brand. This experience will help me when I am ready to own my own business. I know a small business is a big responsibility. As an owner, one has to dedicate lots of time and money to grow the brand and create customer loyalty. I know that simply being in love with an idea or product produced is not enough to survive in the business world. What are the key elements of a successful business? I want to learn more about creating a successful business plan and the logistics it takes to start a small business. I want to learn as much as possible about becoming an entrepreneur. I started my research at the MCC library. I was able to find the resources needed to help me research my topic. The book Entrepreneurship demonstrates some statistic, for example, 58% of Americans say they dream of starting a business and becoming their own boss. The most common reason for wanting to start a business is increasing one’s income followed by independence (3). I liked the different stories of companies started such as Home depot, Stacy’s Chips, andShow MoreRelatedPlanning For Long Term Success1014 Words   |  5 PagesPaul Frankenhauser Strayer University August 14, 2016 A successful business is like a road map covering all the highways and streets of the organization. The organization must be able to give a complete plan of the necessary task to keep the business moving from stage to stage. There are critical developing task to successfully grow in each stage of the business life term. An organization can start with a strong foundation by using some key components with development. The development skills haveRead MorePlanning For Long Term Success1009 Words   |  5 PagesFrankenhauser Strayer University October 27, 2016 â€Æ' A successful business is like a road map covering all the highways and streets of the organization. The organization must be able to give a complete plan of the necessary task to keep the business moving from stage to stage. There are critical developing task to successfully grow in each stage of the business life term. An organization can start with a strong foundation by using some key components with development. The development skills haveRead MoreAnalysis : Mind Maps And Work Flow Diagrams985 Words   |  4 Pages Each element or deliverable listed in the Project Implementation Model Mind Maps is further defined on Single Pages. Single Pages include the following: †¢ Defines the element and the reason (objective) for developing the element †¢ Lists key assumptions †¢ Specifies the action to be taken to develop the element and by whom †¢ Lists the key performance indicators †¢ Specifies the inputs that are prerequisites for developing the element †¢ Specifies the deliverables resulting from the element †¢ IdentifiesRead MoreValue Chain as Competitive Advantage1024 Words   |  5 Pagesdeveloped by recognized Harvard business management expert Michael Porter in his book Competitive Advantage (1985). It breaks up the various elements of producing and delivery value to customers into key components. The development of value for the customer begins with inbound logistics, with subsequent components that include operations, outbound logistics, marketing and sales, and customer service. The culmination of optimizing performance in each of these key elements is the establishment of productRead MoreSams Club and Costco1255 Words   |  6 PagesMission, Business Model, and Strategy Professor Lillian Schumacher Darrick Beckwith January 30, 2011 Costco 2 Costco Wholesale in 2008: Mission, Business Model, and Strategy What struck you as positive and/ or negatives? Were there certain strategic elements that were particularly insightful? Were there any glaring weaknesses that could jeopardize their success? There are many positives that can be drawn from the way that Costco runs and controls its business. Costco’sRead MoreThe Importance And Types Of Quickbooks702 Words   |  3 PagesAdvertising and promotions are the backbone to any successful business. The ability to convey a message or connect with a targeted group of people is the drive behind it. The marketing of products, skills, and services have become more valuable to the induvial, making big or small business pour money into advertisements and promotions. No matter the types of advertisement certain key elements continue to stay the same. The whole process cycling through again and again, because the formula for marketingRead MoreCostco Case Paper1290 Words   |  6 Pagesâ€Å"rapid inventory turnover, high sales volume per warehouse, leveraging an efficient operating structure, reduced handling of merchandise, and making themselves the low cost operator in retail are key elements that make Costco successful (2006 )†. (Thompson, 2008 p.c-32). Key Elements of the Company’s Business Model As stated by Thompson in the case study: â€Å"Costco leaders or managers believed that rapid inventory turnover and volume purchasing achieved by efficient operation, efficient distributionRead MoreProject Analysis : Enterprise Resource Planning993 Words   |  4 Pagesof cost and resources to any organization. It also takes a lot of time to successfully integrate the firm’s business model with the ERP functions. Therefore, most ERP implementations are project based and are spanned across a certain timeframe and include separate interdependent activities like planning, implementation and commissioning. This report will analyse the elements of a successful ERP project implementation project. Enterprise Resource Planning (ERP) System programming binds together theRead MoreStarbucks s Organizational Culture, Leadership, And Management Traits1260 Words   |  6 Pagesculture, leadership, and management traits. Suggest the key elements of Starbucks’ organizational culture that contributes to its success in a global economy. Indicate management’s role with creating and sustaining the organizational culture. A company’s organizational culture is a major influence on its employee and business performance. Organizational culture is one of the most distinct characteristics of Starbucks. There are several key elements of the company s organizational culture that contributesRead MoreThe Functions of Stage Management1022 Words   |  5 PagesTHE FUNCTIONS OF STAGE MANAGEMENT THE FUNCTIONS OF STAGE MANAGEMENT Abstract The four functions of management can be applied to business, sports teams or stage management to name a few. Stage management can apply to stadium size concerts to small theatrical acts. Planning is a key function that gets the party started. Proper planning leads to the event being organized. An organized show allows for some mistakes that can be solved in a quick and precise

Saturday, December 14, 2019

Fill in the Blank Summer Final Exam Free Essays

Sociology 101 Fill in the Blank Summer Final Exam Directions: This 50 question exam covers Chapters 1 through 15 and is due no later than noon Friday, 7/29. Each question is worth 3 points for a total of 150 points for this exam. There could be as many as 3 words necessary for the answer. We will write a custom essay sample on Fill in the Blank Summer Final Exam or any similar topic only for you Order Now The answer will be counted incorrect if all words are not exact and spelled correctly. This is an open book exam, but please do not share answers with your classmates. Remember that the integrity of the learning environment requires our honesty. Provide the number and the answer only and post in the message box located below these questions. Be sure to click on Submit when finished. 1. The ability to see how our personal troubles are connected to public issues and social structures is called the sociological imagination. 2. Structural functionalism addresses the question of social organization or structures of society and how it is maintained or functions. 3. Value-free sociology concerns itself with establishing what is, not what ought to be. 4. Empirical research is research based on systematic, unbiased examination of evidence. 5. Manifest functions or dysfunctions are consequences of social structures that are intended or recognized. . Conflict theory addresses the points of stress and conflict in society and the ways in which they contribute to social change. 7. Symbolic interaction theory addresses the subjective meanings of human acts and the processes through which people come to develop and communicate shared meanings. 8. The experiment is a method of research strategy in which the researcher manipulates indepen dent variables to test theories of cause and effect. 9. Social-desirability bias is the tendency of people to color the truth so that they sound more desirable and socially acceptable than they really are. 0. Replication is the repetition of empirical studies by another researcher or with different samples to see if the same results occur. 11. Content analysis refers to the systematic examination of documents of any sort. 12. The way of life shared by members of a community that includes language, values, symbolic meanings, technology and material objects is called culture. 13. Ethnocentrism is the tendency to judge other cultures according to the norms and values of our own culture. 14. Cultural relativity requires that each cultural trait be evaluated in the context of its own culture. 5. Cultural diffusion is the process by which aspects of one culture or subculture are incorporated into another. 16. Norms associated with fairly strong ideas of right and wrong that carry a moral connotation are called mores. 17. Counterculture are groups whose values, beliefs, interests, and lifestyles conflict with those of the larger culture. 18. Assimilation is the process through which individuals learn and adopt the values and social practices of the dominant group, sometimes giving up their own values in the process. 19. When one part of culture (usually technology) changes more rapidly than another, sociologists call this cultural lag. 20. The process of learning the roles, statuses, and values necessary for participation in social institutions is called socialization. 21. The process of learning to view ourselves as we think others view us is called the looking-glass self. 22. Primary socialization is personality development and role learning that occurs during early childhood. 23. An institution is an enduring social structure that meets basic human needs. 24. Dramaturgy is a version of symbolic interaction that views social situations as scenes manipulated by the actors to convey the desired impression to the audience. 25. The norm of reciprocity is the expectation that people will return favors and strive to maintain a balance of obligation in social relationships. 26. McDonaldization is the process by which the principles of the fast-food restaurants–efficiency, calculability, predictability, and control—are coming to dominate more sectors of American society. 27. Anomie is a situation in which the norms of society are unclear or no longer applicable to current conditions. 8. Differential association theory says that people learn to be deviant when more of their associates favor deviance than favor conformity. 29. Stratification is the institutionalized pattern of inequality in which social statuses are ranked on the basis of their access to scarce resources. 30. The world-systems theory is a conflict perspective of the ec onomic relationships between developed and developing countries, the core and peripheral societies. 31. Environmental racism refers to the disproportionately large number of health and environmental risks that minorities face daily in their neighborhoods and workplaces. 2. Double jeopardy means having low status on two different dimensions of stratification. 33. Sexism is a belief that men and women have biologically different capacities and that these form a legitimate basis for unequal treatment. 34. The manufacturers of illness are groups that promote and benefit from deadly behaviors and social conditions. 35. Marriage is an institutionalized social structure that provides an enduring framework for regulating sexual behavior and childbearing. 36. Propinquity is spatial nearness. 7. Exogamy means choosing a mate from outside one’s own racial, ethnic, or religious group. 38. The hidden curriculum is the underlying cultural messages that schools teach to socialize young peop le into obedience and conformity. 39. Tracking occurs when evaluations made relatively early in a child’s career determine the educational programs the child will be encouraged to follow. 40. Secularization is the process of transferring things, ideas, or events from the sacred realm to the nonsacred, or secular, realm. 41. The Protestant Ethic refers to the belief that work, rationalism, and plain living are moral virtues, whereas idleness and indulgence are sinful. 42. Authoritarian systems are political systems in which the leadership is not selected by the people and legally cannot be changed by them. 43. The power elite comprises the people who occupy the top positions in three bureaucracies—the military, industry, and the executive branch of government—and who are thought to act together to run the United States in their own interests. 44. Capitalism is the economic system based on competition, in which most wealth (land, capital, and labor) is private property, to be used by its owners to maximize their own gain and profit. 45. Socialism is an economic structure in which productive tools (land, labor, and capital) are owned and managed by the workers and used for the collective good. 46. Alienation occurs when workers have no control over the work process or the product of their labor. 47. Collective behavior is spontaneous action by groups in situations where cultural rules for behavior are unclear. 48. A social movement is an ongoing, goal-directed effort to fundamentally challenge social institutions, attitudes, or ways of life. 49. Relative-deprivation theory argues that social movements arise when people experience an intolerable gap between their expectations and the rewards they actually receive. 50. Frame alignment is the process used by a social movement to convince individuals that their personal interests, values, and beliefs are complementary to those of the movement. Instructions: Enter or paste your written work and/or click â€Å"Attachments† to upload your files. How to cite Fill in the Blank Summer Final Exam, Papers

Friday, December 6, 2019

Growth - Degrowth and Climate Change

Question: Discuss about the Growth, Degrowth and Climate Change. Answer: Globalization Fundamentally, globalization can be characterized as the worldwide development toward budgetary, exchange, monetary, and correspondences incorporation. Globalization is the procedure of worldwide joining that rose from the trading of world thoughts, items, sees, and different parts of society. It is true that, in todays competitive and fast growing business era, globalization is not only essential, important and significant for the survival but also it provides innovative and specific business opportunities for future growth and success of domestic businesses directly or indirectly. For instance, globalization helps the organizations or business firms locally to develop its business operations not into nearby but rather additionally in the worldwide commercial centers viably Anderson, K., Strutt, A. (2014).. For example, the utilization of the web helped the household or neighborhood business firms to go worldwide and include some additional elements in their generation and operatio n exercises and enhance piece of the overall industry viably. Thusly, organizations can accomplish their benefit, piece of the overall industry, level of offer and income in a powerful way. Then again, globalization is likewise giving and offering particular choices to organizations or firms to enhance their business through entering in the new nation market. Besides, globalization is additionally helping the associations to enhance its business sector nearness in the overall market and present new creation plants in different countries of the world to give the right item to the right customers at the ideal time with the most reduced expense. In the meantime, globalization is likewise giving choices to the business firms to enhance their position in the local market by drawing in or achieving the new market and more clients. For case, innovation helped the associations to create nearby and overall open entryways through attracting customers for the things and organizations. Additionally, changes in the telecom and presentation of World Wide Web helped the business firms to connect with the varying social affair of customer effectively and develop the open entryways remembering the finished objective to improve market. Thusly, globalization is permitting the relationship in less industrialized nations to wind up some piece of far reaching time systems and supply chains that are the focal conductors of exchange. Henceforth, globalization is giving chance to future development of residential organizations (gert, 2015). In addition, globalization made more conspicuous open entryways for the local business to exploit progressively and greater markets. Furthermore, it provoked more access to capital streams, advancement, human capital, less costly imports and greater admission markets). Globalization of the business sector added to extend the business of the nations and added to upgrade piece of the overall industry and productivity of the organizations. Then again, it is likewise vital to realize that, globalization gave chances to organizations to separate their items from others and keep up their position in the aggressive business sector. For instance, globalization gave chance to the business firms to create an extensive variety of separated items. Also, globalization gave chances to the organizations from the economies of scale and utilize their upper hand of items specifically industry for make development and progress of the business in their universal accomplices. Globalization is likewise as sumed a key part in giving the chance to future development of local organizations. For example, it roused the neighborhood and residential organizations to concentrate on development for the items to grow the specific business and keep up their focused position in the nearby market (Victor, 2012). Globalization is encouraged the advancement of transportation, telecom and computerization, which diminished the creation cost and expanded the pace with changing data and merchandise. It likewise prompted new thoughts and items and in addition better approaches for working together. Globalization contributed in the advancement of innovation that enhanced foundation and operation procedure of specific industry in the household market. For case, innovation advancement through globalization enhanced correspondence and transportation offices for the residential business firms that lessened the expense and upgraded process proficiency of the organizations specifically industry. Because of globalization, essential base and offices for the organizations likewise expanded that improved the operational productivity of the organizations in the neighborhood or household market. Globalization is additionally assumed a key part in making business interest of items in household market. Case in po int, it helped the organizations to execute new innovations in their operations and to be aggressive in the neighborhood market. It is on the grounds that innovation helped the organizations to give more quality items at lower cost. Generally speaking, it can be presumed that, globalization is more important and crucial for survival, as well as for future development of household organizations (Shahiduzzaman, Alam, 2014). Trade Theories Absolute Advantage and Comparative Advantage are the two main trade theories that used in the international business environment. Absolute Advantage Trade Theory Absolute advantages infer an economy can convey an innovative and convincing thing at the lower cost as appear differently in relation to interchange nations or countries. In this way, it can be said that, it is a limit of a business firm or a nation to give and make stock and organizations at any rate cost as stand out from contenders by using same measure of advantages. Despite this, this in like manner gives cost purposes of interest or favorable circumstances to the nations or an association. Plus, it in like manner fabricates the degree of worldwide trade an economy satisfactorily. For case, UK or USA can have incomparable purposes of enthusiasm over the India in conveying and giving certain things or organizations (Helpman, Itskhoki, and Redding, 2010). Comparative Advantage Trade Theory Comparative Advantage is more huge and important on the grounds that it helps the business firms and associations in enhancing or upgrading their capacities to create items or administrations at the most minimal open door cost. Notwithstanding this, it is found that, comparative advantages additionally give noteworthy chances to the countries or organizations to interest in examination and improvement which can drive advancement and creation. Additionally, comparative advantages likewise support exchange improvement in the countries or nations. Thus, it can be said that, having comparative advantage in the present time is key for the associations as well as countries for the monetary and budgetary development (Sexton, 2010). Comparative Advantage is more enormous and vital in light of the fact that it helps the business firms and relationship in improving or overhauling their abilities to make things or organizations at the most negligible open entryway cost. Despite this, it is found that, comparative advantages furthermore give huge opportunities to the nations or associations to enthusiasm for examination and change which can drive headway and creation. Also, similar preferences moreover bolster trade change in the nations or countries. Therefore, it can be said that, having comparative advantage in the present time is key for the relationship and in addition nations for the money related and budgetary advancement (Sexton, 2010). Differences between Trade Theories: For the most part, there are a few contrasts and similitudes exits among the trade theories of Absolute and Comparative Advantages. For case, as per the trade theory of absolute advantages, economy can convey a creative and suitable thing at the lower cost as appear differently in relation to exchange nations or countries. In this manner, outright favorable position is a condition where the trade is not normally valuable, relative favorable position is a condition in which the exchange is commonly valuable. Conversely, the trade theory of comparative advantages address a critical inquiry that how and why nations pick up by exchanging (Sakamoto, 2008). Case in point, it for the most part disks limit of a particular country to convey a particular thing better than another country with According to this theory of international trade, comparative advantages is a particular and critical capacity of a firm or a country or a person to create products and in addition administrations at a low er opportunity cost as contrast with others in a compelling and appropriate way. Along these lines, comparative advantages trade theory gives chances to make more grounded deals edges by creating quality item at the best most minimal cost. Then again, the exchange hypothesis of supreme favorable position manages the capacity to make to a more noteworthy degree a given thing using to a lesser degree a given resource than a battling substance. On the other hand, the hypothesis of relative preferred standpoint gives discourse on the limit of a get-together to make a particular not too bad or organization at a lower negligible and opportunity cost over another. In any case, both the trade theories have a typical goal and reason that is to energize exchange improvement in the countries or nations viably. For case, both the exchange hypotheses additionally build the extent of universal exchange an economy viably (Helpman, Itskhoki, Redding, 2010). Limitations of Trade Theories: Limitations of Absolute Advantage Trade Theory: Generally, the main criticism of this absolute theory is that, it done not consider and involve transportation costs in advertising the product in the global market. Moreover, this theory is based on the statement that rates of exchange are constant which is infrequently. On the other hand, the other limitation of this trade theory is that it assumes work can switch between things easily and they will work with same capability which when in doubt can't happen. Moreover, there are several nations that have no absolute advantages and nations may be differing in the specialization of products or services. At the same time, this theory is also neglects various significant factors directly (Leonard, 2010). Limitations of Comparative Advantage Trade Theory: The main and key disadvantage of this trade theory is that, it measures fixed advantages and ignore dynamic and specific advantages. Along with this, the administration of a nation or country may restrict trade. Furthermore, increased specialization may lead to diseconomies of scale. Overall, it can be said that, this theory has various limitations that bound the business firms or nations directly (Abbas, Bouhga-Hagbe, Fats, Mauro, Velloso, 2011). References Abbas, S. A., Bouhga-Hagbe, J., Fats, A., Mauro, P., Velloso, R. C. (2011). Fiscal policy and the current account. IMF Economic Review, 59(4), 603-629. Anderson, K., Strutt, A. (2014). Emerging economies, productivity growth and trade with resourceà ¢Ã¢â€š ¬Ã‚ rich economies by 2030. Australian Journal of Agricultural and Resource Economics, 58(4), 590-606. Arnold, R.A. (2008). Macroeconomics. USA: Cengage Learning. gert, B. (2015). Public debt, economic growth and nonlinear effects: myth or reality?. Journal of Macroeconomics, 43, pp. 226-238. Helpman, E., Itskhoki, O., Redding, S. (2010). Inequality and unemployment in a global economy. Econometrica, 78(4), 1239-1283. Leonard, B. (2010). Report and Recommendations Pursuant to Section 133 of the Emergency Economic Stabilization Act Of 2008: Study on Mark-to-Market Accounting. USA: DIANE Publishing. Sakamoto, T. (2008). Economic Policy and Performance in Industrial Democracies: Party Governments, Central Banks and the Fiscal-Monetary Policy Policy Mix. UK: Routledge. Sexton, R.L. (2010). Exploring Economics. USA: Cengage Learning. Shahiduzzaman, M., Alam, K. (2014). Information technology and its changing roles to economic growth and productivity in Australia. Telecommunications Policy, 38(2), pp.125-135. Victor, P. A. (2012). Growth, degrowth and climate change: A scenario analysis. Ecological Economics, 84, pp. 206-212.

Friday, November 29, 2019

Kelvin Essay Research Paper Thomsons view on free essay sample

Kelvin Essay, Research Paper ? Thomson? s position on the recent age of the universe have been for some clip one of my sorest problems, ( pg. 107 ) ? This quotation mark is used to join forces the writer? s thought that Darwin was profoundly opposed to Kelvin? s computations about the ago of the Earth. The writer farther backs up this thought by utilizing another quotation mark in which Darwin calls Kelvin an? abominable apparition, ( pg. 107 ) . ? It is so stated that Darwin did finally compromise with Kelvin? s computations. Gould uses a quotation mark from the last edition of the Origin to do the statement more concrete. Darwin? s grounds for compromising with Kelvin? s theory are so explained in the undermentioned paragraphs. Gould discusses Darwin? s hurt as his taking protagonists in England, Wallace and Huxley, didn? t agree with him. He uses a quotation mark by Wallace to demo this: ? if Kelvin limited the Earth to 100 million old ages, so natural choice must run at by and large higher rates than we had antecedently imagined, ( pg. We will write a custom essay sample on Kelvin Essay Research Paper Thomsons view on or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 107 ) . ? Using several illustrations to endorse up the fact that Huxley wasn? T standing behind Darwin farther promotes this. Constructing upon the old thoughts, Gould goes on to expose Darwin? s hurt. Britain? s taking geologists tended to follow Wallace and Huxley ; therefor they went along with Kelvin? s computations and theories. In the book Gould says, ? They stated that Kelvin had performed a service for geology, ( pg. 108 ) . ? The writer concludes by demoing how geologists eventually rebelled against Kelvin, and his more stiff estimation of 20 million old ages. Subjects are changed and a treatment of the challenge imposed on Kelvin develops. The writer states the assorted parts of Uniformity, and how Kelvin managed to work his manner around it. He shows how Charles Lyell, the Godhead of Uniformity, smartly implied that, to be a scientist, one had to accept uniformity. Kelvin worked around this by to the full accepting uniformity and even establishing his computations upon it. He merely attacked the false side of Lyell? s position of uniformity.

Monday, November 25, 2019

Nanotechnology essays

Nanotechnology essays Summary-Nanotechnology May Aid Environment Nanotechnology is considered a clean technology, also a key to solving some current environmental problems. The field of nanotechnology is rapidly growing. The time has been cut from five to ten years down to two or three years, according to Mihail Roco, National Science Foundations senior adviser. Nanotechnology will have such a strong impact on the way science deals with medicine, food, electronics and the environment, that within a decade, it is seen to have a $1 trillion yearly market in the products that carry nano-components. With the worlds population expected to reach more than 11 billion by the year 2050, nanotechnology is believed to be able to allow governments and industry to keep the planet livable, by cutting down on waste and helping to provide sustainable food, water and energy. The NSF has been studying nanotechnologys potential environmental benefits. For example, filter systems for drinking or wastewater, natural gas pipelines and smokestacks to remove even the smallest impurities. For water, it means much cleaner drinking, for gas, it means finer filtration for cleaner burning, with less smog. Industrial plants may also me able to use more sensitive emission scrubbers that serve as protection against even nano-sized pieces of soot from waste gases. Nanoparticles are also being researched for use as sensors to monitor air or drinking water for the presence of toxins. Further more these sensors can be networked to give a full description of the environment and any encroaching pollutants, even chemical or biological weapons. Along with this study pollution-absorbing nanoparticles can be used to clean up tainted water or soil. Reflection-Nanotechnology May Aid Environment I liked the article very much. I believe that this is a very important subject. With the population vastly growing it is necessary ...

Thursday, November 21, 2019

Education and Skills in Japan Essay Example | Topics and Well Written Essays - 1000 words

Education and Skills in Japan - Essay Example Adult education has also offered to cater for those never had childhood education or those who want to further their informal education. Market offers avenues where the skills acquired through the education system are applied. A balance between education which supply skilled and vocationally-oriented workforce and the market has to be established for viable economy of a country to grow. The future of a country economic growth and development is much dependent on emphasis placed on the education system which supply work force in the market. Education and skills that an individual possesses form the personality and worthiness in the society. The role of education is the social purpose, intellectual purpose, economic purpose and civil/political purpose. The economic purpose reflects that most of those countries with high levels of literacy are the richest countries in the world based on GDP per capita. Market requires education and skills that are able to meet its workforce qualifications successfully. There are usually two approaches i.e. basic scenario and target scenario which if well formulated leads to high levels of employment coupled with high quality jobs for economic growth. Current Market requires individuals who are knowledgeable and well equipped with new sophisticated technologies to offer solutions in the society. The market offers opportunities for employment based on education and skills possessed by an individual but market forces tend to exploit education qualification at the expense of supply and this should be controlled and regulations formulated by government through the ministry of education of different nations to offer terms and conditions for any opportunities that arise in the market. 2 Japan has level of education due to well formulated system after war in the country. The model of education consists of mandatory free basic schooling for children aged 6 to 15 years. Upper secondary not mandatory but about 94% of those who attend lower education enrol and about a 40% of upper secondary graduates make to tertiary education. Today there is high enrolment rate in public institutions leading to high productivity rate in its population. This has led to a mature and learning society with rising incomes, more free time and rise in old population engaged in learning activities. The graph 1.1 below reflects the number of students who advances to high school from the year 1960 to 2001. There is positive growth in percentage from 57.7% in 1960 and tend to stagnate at 95% by the year 2000.3 This indicates high level of retention of students who forms part of 40 % tertiary institutions. Graph 1.2 reflects the gender parity among those who advance to tertiary institutions for the period. Male students dominated female the whole period but it reached at time between 1975 and 1990 when male enrolment decline significantly while that of female kept a positive growth. This led to narrowing the gap from 40.4% male and female 12.5% in 1970 to 46.9% male and 32.7% female in 1990.4 - Source: Asahi Shumbun Newspaper, 2006 Source: Asahi Shumbun Newspaper, 2006 Conclusion Economic prosperity of country heavily relies on education system that produces the work force. Market alone cannot shape the destiny of education and

Wednesday, November 20, 2019

Public health core function Research Paper Example | Topics and Well Written Essays - 500 words

Public health core function - Research Paper Example In order to monitor, information regarding health issues and causes for having health hazardous elements is gathered. Agency is responsible for collecting the data on regular basis to find out the current pattern of illness and share the collective knowledge with the upper authorities so that appropriate measures can be taken to prevent the health hazardous elements (FDNU, 2011). State Health Departments have developed a system to collect the information and process it from individual who are suffering from HIV/AIDS and also monitors the pattern divided demographically. The information is kept very confidentially and is processed with confidentiality to plan accordingly to prevent the disease in the local community (NASTAD, 2007). State Health Departments ensures the development of policies in regard to prevent the spread of this disease. The departments also monitor different policies and ensure the adequate monitoring of such policies. Most of the developed policies are to prevent the elements which cause this disease and also make it sure that individuals suffering from such diseases are able to avail the proper treatment (FDNU, 2011). State Public Health departments also make it sure that local government is also supporting their steps to implement different policies like partner notification program and also to protect the confidentiality of individuals suffering from HIV/AIDS . Policies include many different programs like to educate the people of every age so that they can take the precautionary measures; by this the departments are able to provide better services even without the duplication of hard work. More policies are to be developed to prevent this disease from spreading like to create awareness (FDNU, 2011). State Public Health departments also supports in terms of monetary and financially to education programs that

Monday, November 18, 2019

Sex differences in response to actual infidelity. (How men and women Research Paper

Sex differences in response to actual infidelity. (How men and women react differently towards infidelity and why) - Research Paper Example The point of discussion here is how men and women behave differently when they discover that they are being cheated or their friend or spouse is being unfaithful to them. Men and women show dissimilar emotional responses to events. Their psychological differences help us understand why their responses are different. Nannini and Meyers (2000) studied the male and female response to social and emotional infidelity. They conducted their experiment on 165 women and 152 men, and examined their responses â€Å"using both Smith and Elsworth’s six cognitive dimensions of emotion and a measure of emotional upset.† They found that the gender of the victim was as important as the nature of the scenario itself, and concluded that women were more emotionally distressed when they faced infidelity than men. They state in their research that evolutionary psychologists have agreed upon another fact that there is also a big difference in the jealousy content of male and female reactions in that men are more jealous if their mates are cheating upon them. Men fear sexual infidelity and women fear emotional infidelity, and their reactions are also more limited to their areas of jealousy. Bjorklund and Shackelford (1999) had also supported this previously by stating in his research that the psychological differences and the gender roles assigned to women by the society, like caring more for children and looking after the spouse, maker her react more to emotional infidelity rather than sexual infidelity. Women tend to be more emotionally insecure than men and so they are hurt more when they fall prey to emotional infidelity by another person may he be a spouse, friend or a colleague. Men are, on the other hand, emotionally strong in nature so they are not easily moved when they undergo an emotional situation; however, they show more distress than women when they encounter sexual infidelity (Sagarin et al., 2003; Harris, 2000; Pietrzak et al., 2002). DeKay and Buss (1992 , p.184) state that evolutionary psychology shapes human psychological mechanisms and this is the difference in the functioning of these mechanisms in both sexes that makes them react differently to different situations. More of the research and literature is based on spousal infidelity. Duncombe (2004, p.106) talks about the double standards put forward by men in which they engage more often in extradyad sex than women and also do not forgive women to engage in extradyad sex. Research states that men like to and do engage in extramarital short span relationships, and also fall prey to vehement jealousy if their female counterparts do the same, and this jealousy often results in murders or murder attempts. However, there are researchers like Mead (1975) who agreed that women are the more jealous sex because they are jealous even when they are not in love while men are only jealous when they are in love. Mead states that the reason for this is the women are generally dependent on men and they do not want to lose them for the sake of their social stability and financial resources. Researchers agree that men possess low levels of anxiety and stress within them due to which their reactions to infidelity other than sexual one is not that stronger as women whose stress levels are much higher. But the case is opposite in sexual infidelity. Cann, Mangum and Wells (2001, p.185) suggest that besides evolutionary aspects of human psychology, there are also

Saturday, November 16, 2019

Workload Management in Mental Healthcare

Workload Management in Mental Healthcare Workload Management / Transition to Practice (Mental Health) Prescribed Evidence General Introduction The clinical setting I have chosen for the workload management is Connolly Norman House Mental Health Clinic. For my seven week placement in this clinic I was working with the CMHNs from the Mater Sector Community Services. The aims of the Mater Sector Team continuously focused on providing the highest standard of care to each patient while working in partnership with the service user and its family and respect the person’s individuality. The Mater Sector Team consisted of two consultant psychiatrists, two medical registrars, five CMHNs, one social worker, one clinical psychologist and one administrative secretary. Other services which were linked to the clinic included the main hospital, the day hospital, day centres and numerous other support services. Each CMHN had assigned a number of service users for which she has designated responsibility. Each patient’s care was planned in collaboration with them and the amount of input provided to each patient depended on how unwell somebody was and how much input was necessary was decided by the CMHN. In order to identify the care needs of service users, the Bio-Psycho-Social Nursing Assessment is used in the particular clinical setting chosen for this assignment. This model is recovery oriented and involves service user’s opinions on what is needed in order to improve their recovery journey. The main goal of this assessment framework is to empower the service user re-gaining a life, which includes responsibility, choice, risk taking, hope and social inclusion. The Quality Framework for Mental Health Services in Ireland (Mental Health Commission 2007) was the philosophical framework which guided my delivery of nursing care. The framework promotes a user centred, recovery focused approach. It aims to empower users of the service while also emphasising the person’s journey towards recovery. This framework is very broad and enabling as it applies to all services equally regardless whether care is being delivered in an in-patient setting, in the community or in the home. Client Work For the duration of my seven week placement in this clinic I was delegated a caseload of five patients but for this assignment I will focus only on three patients because of the word count limit. The patients to be taken onto my caseload were selected by my preceptor and the other CMHNs. John is a 76 year old man with a history of depressive disorder and anxiety. John lives alone and socially isolates himself. He is divorced for many years. He has two sons but has contact with only one of them who visits him regularly. His physical health is not very good as he has a history of diverticular disease which causes him abdominal and stomach pain. At the moment, objectively John does not display any symptoms of depression or anxiety and subjectively John reported â€Å"I am feeling ok now.† John’s main issue at the moment is that he continues to be socially isolated and remains unmotivated to go out for walks or to attend any of the groups in the Day Care Centres. When I met John for the first time I informed him what my role is and together we devised a care plan for him in order to reduce his social isolation and to remain well in mental and physical health. The first plan devised was in relation with his daily routine. I explained to him that incorporatin g short walks in his daily routine will benefit his physical and mental health. I also explained to John that social interaction is very important in reducing and preventing the symptoms of depression. John also agreed for me to refer him to â€Å"Befriending† services with a view to reduce his social isolation as they can make available one-to-one companionship once a week. John also agreed for me to visit him once a week and to go out for short walks. For the first two weeks John denied going out for walks together with me as we planned previously. He was displaying lack of motivation and he would find different reasons to avoid going out. As a former psychiatric nurse, John would always like to talk to me about his career and the hospital he was working with. As he was still living nearby his previous workplace, on my third visit I asked John if he would like to show me around the grounds next to the hospital where he used to work. John was very happy about this and agreed to go for a walk. For the next few weeks John appeared to be more motivated to go out for walks while me accompanying him and reported that he really enjoys the walks. Because John has a history of non-compliance with medication, on each of my home visits to him I ensured that he was taking his medication as prescribed and checked his dosset box. At the end of my placement John informed me that he is socialising more with his friends and agreed to continue to go out for walks few times a week. Sarah is a 44 year old lady with a diagnosis of chronic paranoid schizophrenia with prominent negative symptoms. Sarah has two sisters and one brother who died two years ago. She is living with her parents and they look after her at home. Sarah has major difficulties in attending self-care and ADL’s in general. She has a lack of daily routine spending much of her time in bed. She has isolated herself from the outside world since her early teenage years. Sarah has also difficulty in retaining information and is unable to travel on her own around town because of her lack of awareness regarding directions and safety. Because of this, her parents fear of her welfare or becoming lost. Since Sarah’s medication was changed to Clozapine, she has been more interactive with others and increasingly initiating conversation. She has also expressed an interest to attend the art and music therapy group in a Day Centre. I worked closely with Sarah and together we devised a care plan wi th a view to improve her self-care and to have more structure throughout the day. She also agreed for me to accompany her to the Day Centre in order to attend the art and music groups. This would improve her social activity outside of home and her independence by improving her directions skills to and from the Day Centre. Next, we formulated a plan to be followed every day and that consist of her to have a shower in the morning, helping her mum to prepare the meals for the day and going out for walks daily accompanied by one of her parents. While I accompanied Sarah to the Day Centre I used picture and monument identification folder to identify what bus to get and what stop to wait at. I also allowed Sarah to lead the way with minimal assistance. At the end of my placement Sarah had more structure to her day and her mum informed me that she could see a real improvement in Sarah’s behaviour while attending her activities of daily living. Sarah’s interaction with other p eople in the day centre also improved and she reported that she really enjoys the groups. She was still unsure of bus route numbers but she was able to lead the way from the bus stop to her house. Sarah and her family were delighted of her improvements. Mary is a 77 year old lady with a long history of paranoid schizophrenia. Mary has one daughter and after the separation from her husband, she lived with her mother who would look after her and her daughter. Since her mother died twenty years ago Mary lives on her own but her daughter and her sister visit her regularly. At the moment Mary’s mental state is stable and she complies with the medication prescribed. However, Mary feels that her memory is poor and she is worried about not being able to manage paying the bills. After I had been introduced to Mary, together we devised a care plan in order to reduce her anxiety in relation of not being able to remember things and to reduce her worries regarding bills. Mary agreed to use a notebook to write down what she needs to remember. I also encouraged her to attend for an assessment with psychiatry of old age and she agreed for me to talk with one of the doctors in the clinic about this. Mary also agreed for me to complete a budge t plan form for her and to send it to†¦.I also encouraged her to pay the bills weekly until this would come into effect. Furthermore, I advised Mary to have more social outlets by attending day services or community social services. Mary agreed with this and asked me to refer her to one of the day centres. At the end of my work with Mary she informed me that using the notebook helped her significantly about recalling things she has to do and that she is using it very often. I also informed Mary that I was in contact with one of the charity organisations and they agreed to help her pay the bills until she could use the budget plan and she was very happy with this. Mary continues to attend a day centre once a week and she finds it very enjoyable. Mary was pleased with the help she received from me as she informed me and I advised her to contact the CMHN if she has concerns regarding her mental health and for support. Management Tasks During my placement, I carried out numerous administrative and management tasks, including: answering the phone and taking messages for other members of the team, carrying forward patient’s appointments for their depot injections and ordering from the pharmacy if necessary. I would also take part in organising and filing medical and nursing notes. Seeing that there was an administrative secretary in the clinic she carried out many of the administrative tasks. Workload Management For this assignment I am going to describe a typical working day within Mater Services Team in the clinic of Connolly Norman House. The day usually commences at 9:00hrs and ends at 17:00hrs. After arriving I informed my preceptor that I have to carry out two home visits to two of the patients in the morning. At 9:30hrs I left the clinic to visit one of my patients. I arrived at my patient’s house at 9:45. I accompanied my patient for a walk and to the local coffee shop for a cup of tea. After we returned to my patient’s house I completed a nursing assessment with him. I left the patient’s house at 11:00hrs. I walked to visit my next patient. I arrived at her house at 11:15. After I have talked with my patient about how she feels and about her concerns I went back to the clinic. I arrived at the clinic at 12:15hrs. I recorded in the patients nursing notes regarding the home visits. I also did a handover to my preceptor about the two patients. While in the office, I had to answer the phone and record a few messages in the message book. I also had to make a referral for one of the patients to one of the support services for people with mental illness. After I completed the referral, I went for my lunch break from 13:00hr to 13:45hrs. In the afternoon from 14:00hrs to 17:00hrs patients are expected to attend the clinic in order to receive their depot injection and to attend their appointment with the doctor. At 1:45 I went to the clinical room to prepare the trolley for the depot injections. The clinic lasted from 14:00hrs until 16:30hrs. During this time I had to administer depot injections under the supervision of staff nurse and afterwards I sign the patient’s kardex and get it co-signed by the nurse who supervised me. I then ensured to follow up the depot book and document when his/her depot is next due and I informed the patient when they are due to return again and provide them with an appointment card. I also had to check each pat ient’s vital signs and weight as part of a physical screening evaluation programme. At one point I had to link with the secretary as I couldn’t find one of the patient’s kardex but she couldn’t find it either. Therefore I had to ask the doctor to re-write a new kardex in order for the patient to receive her depot injection. While in the clinic I also had to take two phone messages and pass them on to one of the CMHN. At 16:30hrs I went for a hand over from the doctors working within our catchment area. The handover was regarding new referred patients to the services and lasted for 30 minutes. I had to record all the information from the doctors with regards new patients referred to the services. I finished work at 17:00hrs. Conclusion After completing this placement I feel I have gained a lot of experience in working in the community. By having my own caseload it encouraged me to use my own initiative and whenever I felt in a challenging position I always asked for guidance from my preceptor or other staff nurse. My preceptor and the other CMHNs supported and guided me throughout my seven weeks placement.

Wednesday, November 13, 2019

Macbeths Mistakes in Shakespeares Macbeth Essays -- essays research

Macbeth’s Mistakes At times man is prone to call into states of disillusionment, whether it be their own fault, or that of others, and this may cause them to commit grievous errors. The character of Macbeth suffers from a delusional view of the world. The diluted ways in which he interprets many of the prophecies foretold by the witches brings forth a detrimental effect upon many of his peers and acquaintances and leads him to execute grave mistakes. It is Macbeth’s choice to interpret things in a more literal meaning, rather than a prophetic one, that becomes the downfall of many characters in the story. The meddlesome witches can not be left dry of blame, for it was their prophetic truths that led Macbeth to take such a literal stance on all of the forthcoming prophecies. â€Å"Men at times are masters of their own fates: the fault is not in the stars, but in ourselves.† It is however Macbeth at fault for pushing the prophecies further than fate would take them. At first encounter with the witches, Macbeth is foretold three prophecies. The witches call him Thane of Glamis, Thane of Cawdor, and king hereafter. Macbeth at first dismisses the prophecies as fantastical. Then thoughts of the greater power seep into Macbeth’s mind. The â€Å"fiends that lie like truth† (Shakespeare) encourage Macbeth’s malice thinking by foretelling the truth that Macbeth does indeed become Thane of Cawdor without any extra effort on his part. Banquo, although at first charmed by the witch’s prophecy for him, tends to eventually dismiss it as a trick by the witches. â€Å"To win us to our harm, the instruments of darkness tell us truths, win us with honest trifles, to betrays in deepest consequence,† (Shakespeare) Once Macbeth has been named Th... ...y Macbeth, many of Macbeth’s mistakes led him into a delusional state of mind which in turn directed him to commit heinous murders against many characters, including his best friend and his cousin and king. It is evident that Macbeth’s main mistake was taking the witches’ prophecies to literal and listening too closely to his wife. Instead of letting fate run its course, he took it into his own hands, and lost sight of reality on the way. Lady Macbeth also played a big role in his mistakes, because he let him manipulate and persuade him to perform these atrocious tasks all in order to gain power. Works Cited Boyce, Charles. Shakespears A to Z. New York, NY: Roundtable Press, 1990. Foster, Edward e.. Masterplots. Englewood Cliffs: Salem Press Inc., 1949. Shakespeare, William. Macbeth. New York, NY: Washington Square Press, 1992.

Monday, November 11, 2019

Sase study on leadership skills Essay

Mary Herzen felt lucky to be hired for the supervisory position in the Patient Services Depart-ment at North side Hospital. She had lost a similar job at Central Hospital three months earlier. Chris Sapiro was Mary’s boss and had conducted the selection process. It took him five months to fill the position as a result of the internal job-announcement and job-interviewing procedures. Two employees in the Patient Services Department had applied for the supervisory job: Juanita Ramirez, 32, who had been in the department for eight years, and Sue Williamson, 26, who had less experience. Both were rejected because they were not seen as strong enough to be promoted. Chris told Mary about this when he met with her on Mary’s first day on the job. He suggested that Juanita might be a problem and told Mary to handle it the way she saw best. He then took her to the department, introduced her to the staff, and left her to settle in. Later that day, Mary held meetings with each of her new employees. The meeting with Juanita turned out as predicted: she was defensive, uncommunicative, and noncommittal. For example, Mary wanted to learn what Juanita’s job duties were, but could not get adequate replies. Finally, in exasperation, Juanita began arguing that it was Mary’s job to tell Juanita what to do. Mary replied that they would have problems if this was as well as they were going to communi-cate. Juanita then told Mary that she had not been promoted because she was Hispanic, and accused the hospital of discrimination. She began to cry and said she was not going to answer any more questions. Answers to Case Questions 1. Should Chris have informed Mary about the internal applicants before offering Mary the job? Yes. It is important to give job applicants all relevant information about the job for which they are applying. This is especially true for information that might be considered negative. The bulk of research in this area makes it clear that â€Å"realistic job previews† are very important for creating the most favorable initial job conditions. 2. Was meeting with each employee as part of Mary’s orientation a good idea? Although Mary’s idea was backed by good intentions, problems resulted. In general, individ-ual and group meetings both have advantages and disadvantages, and whether one would work better than another for a new supervisor is a matter of personal judgment. One obvious advantage of a group meeting is that certain messages from the new supervisor can be given to everyone at the same time. Another advantage is that the presence of a group has the potential to pressure employees into opening up and sharing what is on their minds. In Mary’s situation, a group meeting could have been especially helpful in this regard, creating an environment in which Juanita felt additional pressure to be more forthcoming. It should also be noted that a new supervisor can also follow up a group meeting with individual meetings, thus combining the two methods. 3. Evaluate the agenda Mary used. How could it be improved? Again, the general intention was appropriate, although the execution was not as good as it could have been. The purpose of the introductory meetings is to initiate dialogue. Mary needed to share information as well as receive it. A more suitable agenda would have Mary share information on such matters as her personal background and goals, her leadership style and practices, her priorities for the near term, and how she would like to work with the employees. She should ask each employee for informa-tion on their job duties, where they stand on projects, any particular problems they are experiencing, and anything else they can tell Mary that would help her supervise CASE STUDY 2: Right Boss, Wrong Company Betty Kesmer was continuously on top of things. In school, she had always been at the top of her class. When she went to work for her uncle’s shoe business, Fancy Footwear, she had been singled out as the most productive employee and the one with the best attendance. The company was so impressed with her that it sent her to get an M.B.A. to groom her for a top management position. In school again, and with three years of practical experience to draw on, Kesmer had gobbled up every idea put in front of her, relating many of them to her work at Fancy Footwear. When Kesmer graduated at the top of her class, she returned to Fancy Footwear. To no one’s surprise, when the head of the company’s largest division took advantage of the firm’s early retirement plan, Kesmer was given his position. Kesmer knew the pitfalls of being suddenly catapulted to a leadership position, and she was determined to avoid them. In business school, she had read cases about family businesses that fell apart when a young family member took over with an iron fist, barking out orders, cutting personnel, and destroying morale. Kesmer knew a lot about participative management, and she was not going to be labeled an arrogant know-it-all. Kesmer’s predecessor, Max Worthy, had run the division from an office at the top of the building, far above the factory floor. Two or three times a day, Worthy would summon a messenger or a secretary from the offices on the second floor and send a memo out to one or another group of workers. But as Kesmer saw it, Worthy was mostly an absentee autocrat, making all the decisions from above and spending most of his time at extended lunches with his friends from the Elks Club. Kesmer’s first move was to change all that. She set up her office on the second floor. From her always-open doorway she could see down onto the factory floor, and as she sat behind her desk she could spot anyone walking by in the hall. She never ate lunch herself but spent the time from 11 to 2 down on the floor, walking around, talking, and organizing groups. The workers, many of whom had twenty years of seniority at the plant, seemed surprised by this new policy and reluctant to volunteer for any groups. But in fairly short order, Kesmer established a worker productivity group, a â€Å"Suggestion of the Week† committee, an environmental group, a worker award group, and a management relations group. Each group held two meetings a week, one without and one with Kesmer. She encouraged each group to set up goals in its particular focus area and develop plans for reaching those goals. She promised any support that was within her power to give. The group work was agonizingly slow at first. But Kesmer had been well trained as a facilitator, and she soon took on that role in their meetings, writing down ideas on a big board, organizing them, and later communicating them in notices to other employees. She got everyone to call her â€Å"Betty† and set herself the task of learning all their names. By the end of the first month, Fancy Footwear was stirred up. But as it turned out, that was the last thing most employees wanted. The truthfinally hit Kesmer when the entire management relations committee resigned at the start of their fourth meeting. â€Å"I’m sorry, Ms. Kesmer,† one of them said. â€Å"We’re good at making shoes, but not at this management stuff. A lot of us are heading toward retirement. We don’t want to be supervisors.† Astonished, Kesmer went to talk to the workers with whom she believed she had built good relations. Yes, they reluctantly told her, all these changes did make them uneasy. They liked her, and they didn’t want to complain. But given the choice, they would rather go back to the way Mr. Worthy had run things. They never saw Mr. Worthy much, but he never got in their hair. He did his work, whatever that was, and they did theirs. â€Å"After you’ve been in a place doing one thing for so long,† one worker concluded, â€Å"the last thing you want to do is learn a new way of doing it.† QUESTIONS: ï‚ · What factors should have alerted Kesmer to the problems that eventually came up at Fancy Footwear? Could Kesmer have instituted her changes without eliciting a negative reaction from the workers? If so, how? Case study 3: Mini Case Study on Leadership and Dysfunctional Management â€Å"Trouble in a Mental Health Center† Alessandro Cavelzani, Ph.D., Psy.D. Ten years ago, a well-known and highly respected hospital located in the center of Rome, opened its Mental Health Center dealing patients with anxiety issues and depression. The administration and its staff included a lead psychoanalyst and four psychologists who were serving as unpaid interns. The leader of the Center supervised the interns who meet weekly in order to help them solve difficulties with patients and to offer clinical suggestions,based on his years of experience. Despite their busy schedules, the interns were required to prepare weekly written reports about their patients for the supervision session with the lead psychologist. The four psychologists felt comfortable, supported, and generally happy with their training. In the past ten years, the Mental Health Center has grown tremendously. It has become well-known in Rome and abroad as a well-organized, professionally run mental health center for psychological treatment. Three years ago, the administrative leader of the Center retired. The Human Resources department of the hospital recruited and hired Dr.xxx, a well-known external psychiatrist, as the new administrative leader and chief psychiatrist for the Mental Health Center. The new Mental Health Center leader has been given a part-time (three days per week) contract because he has other professional commitments at the university and in his own private practice. The Center’s popularity has grown over time. Many local citizens and some foreigners have sought psychological treatment at the Center. To handle the increased patient load, Dr.xxx has increased staff psychologists-in-training from four to eight. In order to provide amore thorough treatment service, Dr. xxx has also added a second group of eight cognitive psychologist interns. Now there are sixteen psychologists-in-training, evenly split between psychoanalytic and cognitive psychologists.Dr. xxx’s many commitments have forced him to schedule supervision meetings with the psychologists approximately every two weeks. Now however the meetings are very tense.Many psychologists try to discuss patients enigma, but the scheduled time is insufficient to accommodate all sixteen psychologists. An additional problem concerns divergent professional philosophies about treatment plans (psychoanalytic vs cognitive), proposed respectively by the two different groups of psychologists. Often, it is almost impossible to reach a common understanding or to compromise on treatment plans for patients. Some young practitioners are voicing complaints that the supervision meetings are useless because Dr. xxx has limited time to help them with the most challenging patient dilemmas. As a result, now only five psychologists –fewer than a third- attend Dr. xxx’s bi- weekly sessions. The other practitioners argue they cannot do any pro-bono work, because they aren’t allowed to leave their offices to attend to

Friday, November 8, 2019

Globalisation in Australia essays

Globalisation in Australia essays However, many will agree with me that globalisation has come to affect nearly every aspect of daily life, and has a profound effect on the development of the policies which shape our future lives. Globalisation perhaps the buzz-word of the nineties has come to mean many things to people, and our perspective of what it means is largely influenced by how we are affected. Some view globalisation as removed from human values - a bloodless enterprise, made up of computer blips, stock market figures and sales graphs. One person I asked joked globalisation meant 1950s lighting. My local Loys soft drink deliverer tells of his fears that Schweppes will be swallowed up by Coca Cola and no more discounts will be available to home deliverers like himself. He sees that globalisation once a buzzword used only by politicians and economists could intimately affect his life and his ability to bring up his children. People see globalisation like a giant pacman: eating up their familiar brands they took pride in. They went through the angst of losing the corner store thirty years or so ago, now they see they are losing everything that was home grown and familiar in which they had a stake. They feel disenfranchised, angry and diminished. They intend to make someone pay a price for that. Theyll take their anger to the ballot box and heaven help the political Party which pleads globalisation as an excuse. People are wary of change, especially when they are told they have no say in it. The most profound change in the workings of international financial, trade, political and security relations is being passed off as inevitable. National governments have facilitated the growth of globalisation through their dedication to the creation of a global level playing field - a concept in which people have as much faith as, say, Collingwood winning this years Grand Final (with all due respect to Mr ...

Wednesday, November 6, 2019

Free Essays on Girls Night Out

Have you ever heard anyone say something like, â€Å"My life changed completely,† or maybe, â€Å"I am a completely different person now?† Well these people may have been telling you the truth and their lives may have changed completely, but the ultimate change of anyone’s life would be to become a member of the opposite gender. Yeah that’s right, a complete change in your gender. No matter who you are or what you do on an everyday basis, you would experience a tremendous change in your life if you became the opposite sex all of a sudden. Try to picture this; you are a twenty-year-old guy attending your sophomore year at college. You are brushing your teeth one late evening after studying for a big midterm, and you just happen to look into the mirror to see a young female staring at you. This girl isn‘t behind you looking in your eyes, it is actually you that is the girl. What would your life be like then? Well, I am about to give you a few insights on what you may experience in your new lifetime as a college female. My first feelings of being a woman would be pretty interesting, because every man out there has dreamed of being a woman at some point in their life or at least dreamed about what women think under certain circumstances. These thoughts would soon get old, and I would start to witness the real challenges of my new life and how I was going to cope with being a female. My college years would appear to become easier in some aspects. As a woman, I would practice the â€Å"traditional style† of behavior and make a guy approach me for a date or a conversation. There will be no approaching guys because I think they are hot, or because they are staring at my body. With this thought running through my head, I could sit back and relax and take my pick between the guys that had enough guts to ask me out on a date. This relieves a lot of stress and worries that I had when I was a guy, because guys always have to do ... Free Essays on Girls Night Out Free Essays on Girls Night Out Have you ever heard anyone say something like, â€Å"My life changed completely,† or maybe, â€Å"I am a completely different person now?† Well these people may have been telling you the truth and their lives may have changed completely, but the ultimate change of anyone’s life would be to become a member of the opposite gender. Yeah that’s right, a complete change in your gender. No matter who you are or what you do on an everyday basis, you would experience a tremendous change in your life if you became the opposite sex all of a sudden. Try to picture this; you are a twenty-year-old guy attending your sophomore year at college. You are brushing your teeth one late evening after studying for a big midterm, and you just happen to look into the mirror to see a young female staring at you. This girl isn‘t behind you looking in your eyes, it is actually you that is the girl. What would your life be like then? Well, I am about to give you a few insights on what you may experience in your new lifetime as a college female. My first feelings of being a woman would be pretty interesting, because every man out there has dreamed of being a woman at some point in their life or at least dreamed about what women think under certain circumstances. These thoughts would soon get old, and I would start to witness the real challenges of my new life and how I was going to cope with being a female. My college years would appear to become easier in some aspects. As a woman, I would practice the â€Å"traditional style† of behavior and make a guy approach me for a date or a conversation. There will be no approaching guys because I think they are hot, or because they are staring at my body. With this thought running through my head, I could sit back and relax and take my pick between the guys that had enough guts to ask me out on a date. This relieves a lot of stress and worries that I had when I was a guy, because guys always have to do ...

Monday, November 4, 2019

WTO Dispute Settlement Procedures Dissertation

WTO Dispute Settlement Procedures - Dissertation Example ed system, the facts are that is simply installed a complex legal system that is basically beyond the capabilities of developing nations to effectively use in terms of staffing and expertise. The realities of the WTO Dispute Settlement Understanding as brought forth in this study indicated that the organisation needs to review its process to provide a pooled legal staff to represent the interests of its emerging nations. This examination will bring forth information and examples to provide an understanding of the WTO dispute handing processes as a means to reveal the issues. Â   Table of Contents 1.0 Introduction 6 1.1 Background Summary 6 1.2 Problem Statement 7 1.3 Aims and Objectives 8 1.4 Significance of the Study 8 2.0 Literature Review 9 2.1 The World Trade Organisation – An Overview 9 2.1.1 Uruguay Round Additions 11 2.2 WTO Dispute Settlement Process 17 2.3 WTO Disputes Settlement and Developing Countries 22 2.4 WTO Dispute Settlement Study 36 2.5 Developing Country I nvestigations 42 3.0 Methodology 50 3.1 Framework 50 3.2 Research Strategy 51 3.3 Data Collection 52 3.4 Limitations 52 4.0 Findings and Analysis 53 4.1 Problem Statement 53 4.2 Aim 55 4.3 Objective 57 4.3.1 The various problems associated with the system while seeking resolutions and various reforms within the dispute resolution process to make it more suitable for the developing countries. 57 4.3.1 Examine the WTO dispute settlement process using examples of Gulf States in the Middle East as well as other developing countries in terms of equity and fairness. 59 5.0 Conclusion 64 References 67 Figures and Tables Figures Figure 1 – WTO Dispute Settlement System 19 Figure 2 - Value of world merchandise trade by region, 2000-2009 22 Figure 3 - Regional shares in world merchandise exports, 2000 and...As developed and brought forth under the Introduction segment, the World Trade Organisation grew from the experiences, understandings and lessons learned under GATT. The preceding s tatement represents a sweeping broad generalisation in that within the processes of the WTO the settling of disputes represents a real as well as important part of the system. It is this area that has given rise to comments and issues that this study seeks to explore. The summary background pointed out that the prior weaknesses in terms of dispute settlement, was contained in its procedures that were not effective and were politically charged that clouded the justice process. Bello and Holmer (1994, p. 1096) add to the above by telling us that any nation, especially the one against which the complaint had been filed, could effectively delay or even block the dispute resolution process. In understanding the context of this study, one needs to understand that the prior organisation had its flaws and areas that frustrated the developing nations. This situation is clearly a part of the history of the WTO and thus needs to be understood as a means to effectively examine the present Dispute Settlement Understanding. Factors that worked against GATT were that it did not operate as a formal institution, thus it lacked official procedures for making rules that were obligatory on all parties (Georgetown Law Library, 2009).

Saturday, November 2, 2019

Electronica Music and Its Impact on the Music Industry Essay - 1

Electronica Music and Its Impact on the Music Industry - Essay Example Electronica Music and Its Impact on the Music Industry Ultimately, within a span of a decade the elements comprising the original electronica genre were reborn within the recent music scene itself, as it became infused with other popular genres such as hip-hop, rap, rock, and dance music (Bogdanov 634). This helped the next generation of audiences in appreciating electronica’s legacy as one of the earliest predecessors of contemporary music today. The Historical Background of Electronica as a Musical Genre Electronica was originally used around the 1950’s in Hollywood movies for background music, in order to emphasize on the emotions of the characters being portrayed (Collins 78). Influenced by classical music, electronica became a mood-maker in cinema, implying the character’s detachment from reality. It was also borne out of a cultural purpose of widening and increasing what is considered to be musical sounds (Dunn 2). In later years there was an increase in the frequency of electronica played outside the movie ind ustry, and in the late 1960’s Europe electronica can be heard in the radiowaves, most notably in Germany (Keith). The avant-garde music scene along with the movies gave way to electronica becoming a futuristic and space-themed music (Dunn 14; Reynolds). Some of the known composers of early electronica include William S. Burroughs, Klaus Schulze, and Walter Carlos (Keith; Reynolds). They usually worked together with performers to create a distinct sound for each one. Some of the performers of early electronica that collaborated with these early composers and became well-known were Tangerine Dream, Tomita, Can, Faust and Neu!, King Crimson, and ELP (Keith; Reynolds). These early performers became known due to their strong resolve in making distinct, wild, and original sounds that use nearly everything from home-made gadgets to large, modular synthesizers. As the genre grew, there were also important changes in electronica such as its beginnings of being trickled slowly with traditional instruments (Collins 137). Gradually there became an acceptance of a wide variety of electronic instruments included with other non-electronic ones, and has now became staples in commonly-heard music (Dunn 6). This also allowed the increased use of elec tronic music instruments in the growing disco scene of the 1970’s (Mickley). Electronica rapidly evolved due to the vast leaps in technological advancement (Dunn 8). As a result, there came a wide availability of electronically-based instruments such as synthesizers and analogs that can alter the sounds produced, and the arrival of other electronic-based instruments such as keyboards and guitars. There was also an increased acceptability of electronica amongst listeners, leading to the development of important genres from electronica (Bogdanov 14). These include music that have a greater focus on accompaniment instead of vocals such as electronic dance music (EDM), funky beats, dance-pop, techno, and experimental rock. The Cultural Background of Electronica Most of the original listeners and audiences of electronica were late teens to people in their early 30’s, people from middle or working class and with near-equal mix of genders appreciating it(Campbell 323).Countri es that allowed the proliferation of

Thursday, October 31, 2019

Trademark laws in the United Arab Emirates Research Paper

Trademark laws in the United Arab Emirates - Research Paper Example The symbol trademark of this company that indentifies its products is swoosh, which is a trademark that ranks as one of the best, among the most recognized and popular logo in the world. The symbol of trademark was designed in 1972, after the owner of the company, which was then known as the Blue Ribbon Sports, required a symbol that would effectively indentify his products, and thus serve to allow him more of inventory control. Thus, the symbol was designed to represent one of the wings of the Greek goddess of victory, called the Nike. This goddess served as a great inspiration to the ancient Greek warriors, granting them courage and strength to gain victory in the battles (Coleman, 19). Thus, this symbol was designed to represent the products of this company, signifying winning, achievement, as well as excellence (Smith, 6). This did tally very well with the image that the ancient Greek Goddess Nike was associated with; commonly having the then Greek warriors, believe and attest to the fact that when they went to a war and won, then they said it is Nike. Thus, swoosh, previously referred, as the stripe became a symbol of victory, which is evident of the company’s brand worldwide. The owner desired a symbol that would show an element of movement, which is represented by swoosh, a symbol of progressive growth and achievement (Coleman, 22). The symbol was registered in 1995 as the trademark for the Nike Inc., and, is solely responsible for the successful brand identification and success. The rules governing Nike and its use of swoosh trademark applies inform of regulations, that restricts any use of its trade name or the logo for any commercial purpose, other than for placing an order or purchase of the Nike products. Under the copyright regulation rules of this company, anybody is prohibited from modifying, copying, or reproducing the company’s trade name or logo to represent any other product that is not a brand of this company (Smith, 7). Anothe r of the regulation guiding the company’s use of the logo and its trade name is the fact that the company has issued a warning that any order placed with the company can be cancelled at any point. This can happen even after the order has been confirmed, should such an order placement be deemed inappropriate or as an attempt to tamper with the trademark rights of the company (Coleman, 25). An indemnification is issuable to the buyer whose order has been cancelled. The trademark laws in the UAE do not just protect the logo or the trade name. They are attached to the product or services the trademark represents (Ashour, 10). Some example of trademark laws include such laws as prohibits any mark that violates public morals. Symbols of a pure religious nature are also prohibited from being applied as trademarks (Smith, 8). Such laws are relevant and appropriate to preserve the morals of the society, while avoiding confusion with marks of religious entities. However, the restrictio n on the registration of a translation of a previous trademark should be removed, to allow for the improvements of logos and trademarks by commercial entities. Any infringement of the rights of the com

Tuesday, October 29, 2019

The Efficient Market Hypothesis Essay Example for Free

The Efficient Market Hypothesis Essay In modern financial economics, one of the most essential constructions , which plays a significant role in financing strategy, is efficient market hypothesis (henceforth EMH). Despite the fact that its first theoretical formulation, which was founded by Paul Samuelson in 1960s, is almost five decades old, numerous academic studies have been conducted about it (Alajbeg, Bubas Sonje, 2012). According to Alajbeg et al. (2012), in the middle of 1960s market efficiency was defined by Samuelson as the existence of a complete competition in a market, albeit under an assumption that all participants have equally the same opportunity to access the available information. Furthermore, Fama (1965) cited in Alajbeg et al. (2012) attempts to show the EMH empirically. This essay will try to critically debate all the forms of efficiency and give sensible evidence why most of the forms seem to be illogical in the current economic situations. It will start by introducing how to recognise efficiency and what are the forms of the EMH, following by testing each form in today’s economic circumstances with presenting coherent arguments. Damodaran (2001) points out that market efficiency is distinguished by three different measurements. First is considering the amount and the distance of diverting price from real value in the market. The second measure is by looking at the pace and the quantity of adapting prices to new information which come to the market. Finally, it is measured by determining the possibility of usual gaining higher profits by some investors in the market while they may expose the same rate of risk that other investors reveal. Generally, economists have divided the EMH into three main forms based on the type of the information reflected in security prices. The first type of the EMH is weak form. In this form of efficiency, the only information depending on is the past prices information. However, any other available stock information seems to be invaluable in these markets. As Hillier, Ross, Westerfield, Jaffe Jordan (2010) state no information, apart from the historical prices, is relied on by the investors in the weak form efficiency. In the light of this, a capital market is considered to be w eakly efficient when it contains price information about the past share prices. Hillier et al. (2010) also confirm that predating strategy is unlikely to be able to produce returns in the market operations. Put another way, information for future is not predicted in this form of efficiency. This seems to be a possible reason why these markets are called weak efficiency. The second type of the market efficiency is semi-strong form. According to Ross, Westerfield Jordan (1993), the semi-strong efficiency is the most controversial form among all the three forms. From this perspective, Ross et al. (1993) mention the reason why this form in the markets is more controversial than the other forms is that it warns an expert, who analysis financial information in order to find mis-priced stock, to not waste time in analysing some possibly useless information, for instance, financial statement information because this information is already included in the current stock prices. Brealey, Myers Allen (2011) maintain that in these markets, prices rapidly incorporate whole publicly available information, such as last quarters earning declaration, a proposal of unifying other companies and an unfamiliar matter of stock. In the light of this finding, it can be said that the semi-stro ng market efficiency rely on both historical and public information at the same time (Brealey, Myers Allen, 2008). Strong form efficiency is the final form of efficiency. Ross et al. (1993) emphasise all types of information, either public or private, are more likely to be incorporated in the stock market prices when the market is efficiently strong. Additionally, in this kind of market, it is impossible to determine any incomparable investors who are able continually to vanquish the market (Brealey et al., 2011). Expressed differently, strong competition is highly considered among the investors of the strong market efficiency. Therefore, the crucial investors may not be able to keep their high position in the long-term. According to Brealey et al. (2011), since Maurice Kendall published his controversial paper in 1953 on the behavior of stock prices, a significant amount of financial research has been done to test the EMH. In the light of that background information, both supporting and disapproval evidence has extended to each of the three forms weak, semi-strong and strong. Firstly, in order to test the weak form of this hypothesis, Brealey et al. (2011) evaluate the profitability of some trading rules which is utilised by investors who seek to determine patterns in security prices. Hillier et al. (2010) claim although the share price movements are random, investors tend to notice patterns. However, the existence of patterns in the past price data, which is the main information in weak form efficiency, seems to be unreal, according to Hillier et al. (2010). As an example, Hillier et al. (2010) illustrate the participation between Shell transport and Royal Dutch Petroleum, which randomness is highly predicted instead of pattern in their stock price. Then Brealey et al. (2011:352) demonstrate ‘‘since both companies participated in the same underlying cash flows in 2005, it would be expected the stock prices to have moved in exact lockstep, while the real price of the tow shares sometimes diverged substantially’’. Therefore, Hillier et al. (2010) confirm that the security choices based on patterns of historical price changes would not be as acceptable as random choice. As a consequence of this evidence, it can be assumed that the weak form efficiency seems to be a meaningful form in the new economic environment. Secondly, in examining the semi-strong efficiency, the speed of reacting security prices towards announcements is measured (Brealey et al., 2011). According to this form of efficiency, previous price information would not have any influence on present actual return because this form implies that in an efficient market, historical information has merely reflected in the current prices (Hillier et al., 2010). Whereas, in many empirical cases past information impacts on stock prices. For example, Hillier et al. (2010) highlight the global credit crisis of 2008 which firstly started only from the British bank Northern Rock. Then it slowly continued and cover some other banks, such as, Bear Stearn, the US investment bank, HBOS and Lehmann Brothers. Hillier et al. (2010) also state that it had not stopped unless the short selling would have been temporarily avoided by the US and UK governments. From the light of this empirical circumstance, the semi-strong efficiency is probably no longer a sensible form in todays economy because the standard test requirement, which economists follow , may not be reflected in it. Finally, In terms of testing the strong form efficiency, Brealey et al. (2008) point out that the performance of the managers in the markets is depended on. Hillier et al. (2010) imply that it is more likely to profit from a personal information which the other investors do not have in the market, whilst in the strong efficient market it is unlikely to be profited from this information by their owners. Further to this, Brealey et al. (2011) claims that it is probably more common that a particular manager in a market, who is more clever than the others, could make superior profits. This seems to be an appropriate evidence against the EMH in the case of strong form. Similarly, Damondaran (2001) points out that some investors can earn more profit than the others whilst they have the same chance of risk. Brealey et al. (2011) take a large sample of the US companies in order to test the proportion of annual profits among them from 1926 to 2008. Brealey et al. (2011:349) prove ‘‘since 1926 the stock of the firms with the lowest market capitalizations have performed substantially better than those with the highest capitalizations’’. In the same way, Alajbeg et al. (2012) criticise the EMH because of the effectiveness of some anomalies in the market, for example, January effect, weekend effect and momentum effect. As a result of the aforementioned arguments, it can be argued that the strong market efficiency does not make sense in the current economic situations because of the possibility of out-performance in the market. In addition, the EMH has faced many criticisms. For example, Brealey et al. (2011) mention a stock market bubble in property prices in the US. In a way, the price has almost doubled by 2005. Nevertheless, the EMH considers that prices always equal to the values inside the efficient markets (Brealey et al., 2011). This can also be noticed as an evidence against the EMH. In conclusion, the participants mostly try to exploit each single discovered mis-pricing in the stock market. This competition results in market efficiency (Brealey et al., 2008). There are three forms of efficiency: weak, semi-strong and strong. The weak form efficiency seems to be significant in todays economy because it considers that prices are random and that is proved in the empirical situations. However, the strong form is generally considered to be meaningless because of the out-performance which can be executed by some investors. Similarly, the semi-strong form may be seen as an insensible form of the EMH in the current economy. This form is unlikely to provide the common test demands when it tests to find how rapidly prices respond to the new information. Furthermore, there are many debates about the EMH in empirical situations because of occurring some bubbles and crisis. Apparently, there are considerable arguments about market efficiency along the history of the capital market. Nonetheless, financial market efficiency is constantly under debate. In other words, it is still a challenging issue in the current financial economics (Alajbeg et al., 2012). References: * Alejbeg, D., Bubas, Z. And Sonje, V. (2012)The efficient market hypothesis: problems with interpretations of empirical tests. Financial Theory and Practice. Available at: http://core.kmi.open.ac.uk (Accessed at 17th August 2012). * Brealey, A., Myers, C. And Allen, F. (2011) Principles of Corporate Finance (global edition). New York. Mcraw Hill/Irwin. * Brealey, A., Myers, C. And Allen, F. (2008) Principles of Corporate Finance (nine edition). New York. Mcraw Hill/Irwin. * Damodaran, A. (2001) Corporate Finance: theory and practice. Second edition. United States. John Willey Sons, Inc. * Hillier, D., Ross, S., Westerfield, R., Jaffe, J. And Jordan, B. (2010) Corporate Finance. Mcraw-Hill. * Ross, S., Westerfield, R. And Jordan, B. (1993) Fundamentals of Corporate Finance (second edition). Boston. Irwin Inc.