Thursday, August 27, 2020

Ethical Conduct in Psychology Essay

Proficient morals is related with making the right decision, both ethically and lawfully. Albeit numerous callings are related with a code of morals, it is progressively pertinent in the field of brain science. In brain science, this requires the specialist to act or herself in understanding to a few set down good standards. These standards endeavor to advance genuineness in educating and practice of mental science, and in executing their social obligations. The commitment of therapists to the general public is commonly founded on trust. The open trusts therapists to utilize their logical information and administrations for the advancement of people and the general public. The legitimate framework confides in therapists to offer specific subject declaration without undue inclination or favor. Client’s confides in clinicians to look after classification. Notwithstanding; the open trust in brain science to convey is disintegrated when therapists damage classification or practice in zones outside their preparation and competency, or when they distribute bogus outcomes. At the point when the lead of an analyst can be deciphered as a penetrate of morals, the issue can be brought to the person’s consideration through a casual goals. At the point when a casual goals appears to be wrong, the moral infringement might be accounted for to advisory groups on proficient morals. The job of morals is progressively worried in psychological well-being and brain science, significantly more than in most different fields. This is mostly in light of the fact that the determination and treatment of mental ailments is not quite the same as physical sicknesses. The immediate impact of the emotional wellness proficient or the clinician in creating an ideal treatment result autonomously, is significantly constrained and much relies upon the patient’s capacity to help out the treatment. As mental maladies are comprehended by the perception of standard of conduct of Ethical Conduct in Psychology 4 an individual, mechanical intercession can't help these experts, similar to that in physical medicinal services, where blood tests and other complex sweep frameworks and investigation indisputably pin point the infections which are then fittingly followed up for treatment. Authorities in different territories of medication have profited by the improvement in natural sciences, where sickness progress components have been increasingly definite and explicit. Psychological wellness experts including analysts don't by and by advantage from lab testing to affirm the nearness or nonappearance of psychopathology. This is essentially in light of the fact that, the fundamental procedures related with mental clutters in still obscure. Psychological wellness experts can't profit by recommending tests for hereditary deformities or cerebrum injuries, for assessing a psychological issue. Clinical therapists rely upon the perceptions of an individual’s conduct, individual experience and history to settle on finding and treatment choices. This interruption into the life of a customer, gives the clinician huge information on the person, which is expected to be utilized to improve the life of the customer. Subsequently the strategies used to look for information, the translation of the information, the helplessness of the customer because of uncovering, the legitimacy of the understanding and ends came to, are all vital to the customer. The abuse or maltreatment of the customer information can have genuine outcomes. Consequently, the treatment by clinicians is related with shielding the data of the customer, while utilizing it gainfully for the customer. There are circumstances when this classification ought to be penetrated as well. There are a few manners by which the analysts can decipher and utilize this information. The brain research practice consequently hurls a few circumstances for contemplating; to think and choose, to isolate the privilege from wrong. In this way brain research is associated with issues and morals. Moral Conduct in Psychology 5 To guarantee that analysts confront the obligations and desires related with them, the American Psychologists Association (APA) has figured its own morals; the APA Ethical Principles of Psychologists and Code of Conduct. This APA Ethics Code gives rules to both, general moral lead and explicit situational direct. The code causes therapists to confront moral issues and problems. Be that as it may, over the span of the act of brain research, therapists regularly go over complex moral circumstances, for which dependence to APA morals code alone, don't show the correct way. Once in a while a moral problem can have a few arrangements perfect with all morals; anyway the most suitable arrangement is chosen by basic reasoning. In some cases by observing one specific norm, clinicians may penetrate another norm. When settling on choices related with their calling, therapists must consider every material law and guidelines of the brain research board, notwithstanding the Ethics Code. Analysts can likewise look to rules that have been supported by other logical or mental networks, aside from their own still, small voice. At the point when the moral direct is in showdown with the law or guidelines, at that point the clinicians must demonstrate their pledge to the laws, while finding a way to determine the contention, mindfully. Fischer proposed an eight-advance model for dynamic, in light of basic reasoning; which satisfies moral guidelines for testing and evaluations (Fischer, 2003).

Saturday, August 22, 2020

Hel Essay Research Paper pepsico By deepmer free essay sample

Hel Essay, Research Paper pepsico By: deepmer Electronic mail: deepmer @ hotmail.com 1. Presentation: 1 What is PEPSICO? 1 Brief History of PEPSICO 1 Business Segments 1 Frito-Lay 1 Pepsi-Cola Company 2 Tropicana 3 2. Organization Analysis: 4 External Analysis 4 PEST Analysis: 4 Porter? s Diamond: 5 Five Forces 8 Internal Analysis 9 Porter? s Value Chain 9 Boston Consulting Group 12 Financial Analysis 13 SWOT 14 Strength 14 Weakness 14 Opportunities 14 Menaces 15 3. Choices 15 Marketing 15 General 15 4. Suggestions 16 Bibliography 17 Appendix 17 Appendix I 17 Appendix II 17 Appendix III 17 Appendix IV 17 Appendix V 17 Appendix VI 17 1. Presentation: What is PEPSICO? PepsiCo is one of the best beverage and chomp supplement worry known to man. The organization comprise of: Frito Lay Co. , Pepsi-Cola Co. , and Tropicana Products. Brief History of PepsiCo was subsidized in 1965 by Donald M. Kendall Pepsi-Cola president, and Herman W. Lay, leader of Frito-Lay. Caleb Bradham, a New Bern, N.C. pharmacist, made pepsi-Cola in 1890. Frito-Lay, Inc. was framed by the 1961 amalg amation of the Frito Company, established by Elmer Doolin in 1932, and the H. We will compose a custom exposition test on Hel Essay Research Paper pepsico By deepmer or then again any comparable theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page W. Lay Company, established by Herman W. Lay, other than in 1932. In 1998 PepsiCo obtains Tropicana Products from Seagram Company Ltd. Anthony Rossi established Tropicana in 1947. Business Sections Frito-Lay Frito-Lay, Inc was financed in 1961, by binding together of The Frito Company and H.W. Lay Company. Today, Frito-Lay brands history for 40 % of the universe, nibble bit industry, and 56 % of the U.S. industry. Frequently, Frito-Lay Company stocks are known by neighborhood names ( Matutano in Spain, Walkers in the United Kingdom and others. ) Major Frito-Lay Company stocks: # 8211 ; Lay # 8217 ; s Potato Chips # 8211 ; Baked Lay # 8217 ; s Potato Chips # 8211 ; Ruffles Potato Chips # 8211 ; Doritos Tortilla Chips # 8211 ; Tostitos Tortilla Chips # 8211 ; Baked Tostitos # 8211 ; Santitas Tortilla Chips # 8211 ; Fritos Corn Chips # 8211 ; Cheetos Cheese Flavored Snacks # 8211 ; Rold Gold Pretzels # 8211 ; Funyons Onion Flavored Rings # 8211 ; Sun french friess Multigrain Snacks # 82 11 ; Cracker Jacks # 8211 ; Chester # 8217 ; s Popcorn # 8211 ; Grandma # 8217 ; s Cookies # 8211 ; Munchos Potato Chips # 8211 ; Smart supplement Popcorn # 8211 ; Baken-ets Fried Pork Skins # 8211 ; Frito-Lay Dips A ; Salsa # 8211 ; Sabritas Potato Chips # 8211 ; 3D # 8217 ; s # 8211 ; Smiths Potato Crisps # 8211 ; Walkers Potato Crisps Pepsi-Cola Company Caleb Bradham established pepsi-Cola in 1890. Brand Pepsi and other Pepsi-Cola stocks represent about tierce of whole soda pop gross incomes in the United States, a purchaser showcase numbering about $ 58 billion. Outside the United States, Pepsi-Cola drinks are accessible in roughly 160 states. Today Pepsi-Cola stocks represent around a one-fourth of every single soda pop sold universally. The organization has other than built up activities in the developing markets of the Czech Republic, Hungary, Poland, Slovakia and Russia, where Pepsi-Cola was the first U.S. buyer product to be promoted. Pepsi-Cola gives commercial, offering, net incomes and special help to Pepsi-Cola bottlers and supplement administration customers. This incorporates a portion of the universe # 8217 ; s best and most perceived commercial. New promotion and energizing exposures keep up Pepsi-Cola exchange names youthful. Pepsi-Cola Company stocks: # 8211 ; Pepsi-Cola # 8211 ; Diet Pepsi # 8211 ; Pepsi One # 8211 ; Mountain Dew # 8211 ; Slice # 8211 ; Mug Root Beer # 8211 ; Mug Cr? me # 8211 ; All Sport # 8211 ; Lipton Teas ( Partnership ) # 8211 ; Aquafina Water # 8211 ; Frappuccino Coffee Drink # 8211 ; Mirinda # 8211 ; 7UP ( outside the U.S. just ) # 8211 ; Fruit Works # 8211 ; Pepsi Max Tropicana Anthony Rossi established Tropicana in 1947. The organization entered the dressed mineral squeezed orange worry in 1949, enlisting Tropicana as a trademark. In 1954 Rossi spearheaded a purification strategy for squeezed orange. For the main clasp, purchasers could lounge the gustatory impression of unadulterated not-from-concentrate 100 % Flo rida squeezed orange in a prepared to-serve pack. The organization opened up to the world in 1957, was bought by Beatrice Foods Co. in 1978, gained by Kohlberg Kravis A ; Roberts in 1986 and offered to The Seagram Company Ltd. in 1988. Seagram bought the Dole planetary juice worry in 1995. PepsiCo gained Tropicana, including the Dole juice worry, in August 1998. Today, Tropicana is the universe # 8217 ; s biggest dealer and maker of marked juices with stocks accessible in 50 states around the world. Tropicana stocks: # 8211 ; Tropicana Pure Premium # 8211 ; Tropicana Season # 8217 ; s Best # 8211 ; Dole Juices # 8211 ; Tropicana Twister. # 8211 ; Hitchcock # 8211 ; Looza # 8211 ; Copella. 2. Organization Analysis: External Analysis PEST Analysis: The Pest Analysis distinguishes the political, conservative, cultural a mechanical impacts on an association. Political impacts: # 8211 ; The creation dissemination and utilization of a significant number of PepsiCo stock are proficient to arranged government Torahs, for example, the Food, Drug and Cosmetic Act, the Occupational Safety and Health Act advertisement the Americans with Disabilities. # 8211 ; The worries are other than fit to region, nearby and outside Torahs. # 8211 ; The universal concerns are fit to the Government stableness in the states where PepsiCo is looking for obtain into ( creating markets ) . # 8211 ; The government, region, neighborhood and outside natural Torahs and mandates. # 8211 ; The worries are other than able to de income improvement strategy in each state they are runing. # 8211 ; They other than need to follow with government, area, nearby and outside ecological Torahs and laws. Financial impacts: # 8211 ; The organizations are competent to the harvest of the regular stuff that they use in their chomp supplements, soda pop and squeeze, similar to maize, oranges, Citrus paradisi, veggies, murphies, and so forth # 8211 ; Because of they depend on trucks to travel and direct a large nu mber of their stocks, fuel is other than an of import subject, so they are fit to the fuel grant vacillation, and to conceivable fuel emergency. # 8211 ; Operating in International Markets includes introduction to unstable movements in outside trade rates. The financial effect of outside trade rates movements on them is perplexing in light of the fact that such changes are every now and again connected to fluctuation in existent developing, rising costs, inclusion rates, legislative activities and different components. # 8211 ; PepsiCo is other than able to other practical components like cash flexibly, vitality handiness and cost, concern rhythms, and so on. Sociocultural impacts: # 8211 ; PepsiCo and moreover Pepsi is able to the way of life changes, in view of it bases her ad runs in a solid kind of individuals with a specific way of life, it is for that PepsiCo needs to pay a specific going to on the way of life modifications. # 8211 ; Particularly in the United States Pepsi con sumers are truly characterized, there is a kind of individuals who drinks Pepsi another sort who drinks Coca-Cola, it is for that they need to pay taking care of the cultural versatility for non losing a potential market. # 8211 ; Taking into history that PepsiCo is trying to introduce itself in creating markets, they must be cautious with the potential employments with the authoritiess of this states, and with the occupations could lift from PepsiCo act with the individuals of this states. Innovative impacts: # 8211 ; PepsiCo is able to new methods of manufacture, for their three concern parts, chomp supplement, juices and soda pops. # 8211 ; It needs to pay taking care of the new appropriation strategies. # 8211 ; And they need to fix their going to in the competency created, to cognize about the new stocks. Watchman? s Diamond: The Porter? s Diamond Analysis attempts to explain the Competitive Advantage of Nations. There are four properties of a state involve Porter? s Diamond of national bit of leeway, they are: Factor Conditionss: The essential factor conditions are common assets, clime, area, the further developed factor conditions are gifted work, base and building. There are a portion of these elements that can be acquired by any organization ( like incompetent work and normal stuffs ) and, thusly, do non deliver continued competitory favorable position. Despite the fact that, we need to take into history that particular elements include a substantial and continued contributing, we need to cognize that on the off chance that we can achieve them, we could deliver a competitory preferred position. A portion of the factor conditions PepsiCo needs to take into history, in each state where they need to introduce are # 8211 ; Unemployment. # 8211 ; Interest rate. ( Short term, long haul ) . # 8211 ; Labor rule law. Request Conditionss: We need to cognize that the idea of a state request makes PepsiCo dependant on them. For outline if in one state exists an a dvanced interest, these customers compel houses to be competitory. Is for that, houses that face a sophisticate local market are probably going to sell predominant stocks in light of the fact that the market requests high caliber and a nearby propinquity to such customers empower the house to all the more likely comprehend the requests of the customers, in a similar way it is simpler appropriate their homes in the planetary market. A portion of the interest conditions PepsiCo needs to take into history en the states where they need to introduce are: # 8211 ; Expectation of customers. # 8211 ; GNP A ; RPI. # 8211 ; Competitive research ( propensities ) # 8211 ; And with rivals are built up in the state. Related and Supporting Industries: For any organization it is

Friday, August 21, 2020

How to Find Good Marshall Scholarship Essay Samples

How to Find Good Marshall Scholarship Essay SamplesWith the new article writing opportunity, it is now easier than ever to write a Marshall Scholarship essay. A little advice here to get you started: If you're writing a Marshall Scholarship essay, you need to be able to write on a subject that has interest to you. You should make sure that the facts you're using are fact based, you should not use a subjective perspective or a 'so it was' approach.The first place to start when writing a Marshall Scholarship essay is to identify your personal style of writing. Your 'personal style' is a combination of what you like to read and the type of information you want to share with the reader. A good rule of thumb is to figure out what styles you find most interesting to you, then incorporate those styles into your essay.Another place to start when writing a Marshall Scholarship essay is to find Marshall Scholarship essay samples. Most of the essays written by recent graduates have been written for schools like Marshall. Find some sample Marshall essay samples and get a feel for how each one is written.In terms of Marshall Scholarship essay samples, you can look at all of the examples found in several Marshall Scholarship editors and publications. For example, there is a free essay, a grammar and usage example, and an essay sample about spring cleaning that you can download. You can also find sample essays on the internet. You can get free Marshall Scholarship essays online, but you'll have to do some research to find them.Most people find Marshall Scholarship essay samples very helpful, but the reason that they're so helpful is because of the vast number of styles and concepts that are included. If you're having trouble finding the ones that you need, you can search on the Internet for topics about as broad as you can imagine.Try to read at least three of the essays that you like, then take the following paragraph and ask yourself: What would I do if I were writing an ar ticle like this? Do I have a point of view about this topic? If the Marshall Scholarship essay samples were so general, would I really be able to express my thoughts clearly enough?Another way to find Marshall Scholarship essay samples is to ask someone who writes about essays. This person could be a Marshall Scholarship advisor, or it could be a former student who can give you a more personal approach to writing an essay. Either way, you will probably be able to get some great tips and examples on writing an essay on your topic.The next time you're wondering what to write in your essay, you won't have to think too hard. Find Marshall Scholarship essay samples, read through some samples, and you'll have a good idea of what to write and how to write it.

Monday, May 25, 2020

A Research On Interprofessional Collaboration Is Defined...

INTRODUCTION / BACKGROUND Interprofessional collaboration is defined as students from multiple health professions learning together and from one another with the end result of improving professional collaboration and patient outcomes1.The goal of IPE is to engage students across disciplines to work together and learn about collaborative practice, health literacy and to cultivate cultural awareness. Interprofessional collaboration in the health setting is a critical ingredient to achieving the Triple Aim of increased patient outcomes, increased patient experience and decreased costs Academic institutions play an important role in socializing students into professional roles specific to their discipline including discipline-specific codes of accepted and required practice. Traditionally, professional roles may conflict with the philosophy required in team-based health care, each provider acting as an island. Interprofessional education aims to address this problem. Literature ,2 has shown that undergraduate education aimed at: (i) reducing prejudices between professions; (ii) increasing knowledge of professional roles and duties; and (iii) improving teamwork and collaboration skills, prepares neonate professionals to embrace interprofessional collaboration from their first professional interaction. The University of New England’s (UNE) Department of Nursing was awarded the Community, Health, Access, Navigate, Network, Education, Leadership, and Services (CHANNELS) grant byShow MoreRelatedUse Of Interprofessional Practice For Patients1623 Words   |  7 PagesThe Use of Interprofessional Practice in Nursing to Provide Innovative Care for Patients Introduction Patient care today is far more complex than it has ever been, and one single profession cannot account for every physical, mental, social, or spiritual issue that may arise within an individual (Hilton, Ghaznavi Zuberi, 2002). In many health care systems, multidisciplinary care is used which involves a number of different types of professionals working alongside each other with separate goalsRead MoreThe Impact Of Interprofessional Collaboration On Health Care1569 Words   |  7 PagesInterprofessional collaboration has become an accepted important component in healthcare. Engel and Prentice (2013) define interprofessonality as â€Å"the process by which professionals reflect on and develop ways of practicing that provides an integrated and cohesive answer to the needs of clients, family and populations† (p.429). This process involves continuous interaction and knowledge sharing between professionals, coming together in an organized system, to solve or explore a variety of patientRead MoreWhat Is Interprofessional Education And How Is It Essential For Patient Quality Outcomes? Essay2162 Words   |  9 PagesUniversity. In order to start the process of Interprofessional education we will create a written plan. What is Interprofessional Education and how is it essential for patient quality outcomes? 1. Interprofessional competency education is essential to patient quality outcomes because as stated in the Institute of medicine’s report patients have complex medical issues that can best be addressed by interprofessional teams. By training current and future health care workers to work in such teams we facilitateRead MoreDefining Roles and Responsibilities in the Interprofessional Team2131 Words   |  9 PagesResponsibilities in the Interprofessional Team Abstract According to Barnsteiner (2007), â€Å"The work of the Institute of Medicine (IOM) and others has clearly demonstrated that when healthcare professionals understand each others’ roles and are able to communicate and work together effectively, patients are more likely to receive safe, quality care† (p. 144). There are many good practices to consider when evaluating the roles and responsibilities of an interprofessional team member. ThisRead MoreNursing Care Models Paper. There Are Varieties Of Care1008 Words   |  5 Pagesemphasized in the IOM reports on quality improvement by identifying the importance of all health professions meeting the interdisciplinary or inter-professional competency emphasizing the need to work in inter professional teams â€Å"to cooperate, collaborate, communicate, and integrate care in teams to ensure that care is continuous and reliable† (2003, p. 4). These teams include providers from different health care professions and occupation s designed to meet the required patient needs. With increasing complexRead MoreDischarge Planning6033 Words   |  25 Pagesdetails have been altered or obscured to make identiï ¬ cation impossible. Following the introduction of the knowledge and skills framework (DH 2004a) and emphasis on quality of health care and patient centred, interprofessional, health and social care (DH 2000; Leathard 2003; Thompson et al. 2002) health care professionals and students will need to be able to demonstrate the quality of our care and team working abilities. There is a connection between practice and thinking about practice – action and reï ¬â€šectionRead Moreâ€Å"Describe the Roles and Responsibilities of Four Members of the Multidisciplinary Team Who You Have Observed Planning and Implementing Care for One Child and Family3666 Words   |  15 Pagesacknowledges this by stating, â€Å"learning to work with many different types of professionals in a multidisciplinary team can be ex tremely difficult† (pg 5). However, before going further, it is first of all important to define, what is meant by inter-professional working (or multidisciplinary teams)? Barrett et al (2005) states that inter-professional working requires that individuals from different professions and agencies to work together. However within the context of health care, the service user isRead MoreA Needs Assessment Survey in a Gastroenterology Endoscopy Community of Practice12128 Words   |  49 Pagesï » ¿A NEEDS ASSESSMENT SURVEY FOR A GASTROENTEROLOGY ENDOSCOPY COMMUNITY OF PRACTICE A Clinical Capstone Proposal Presented to the Faculty of the School of Health Sciences La Salle University In Fulfillment Of the Requirements for the Degree Doctor of Nursing Practice By Jordan Hopchik Doctor of Nursing Practice Program COPYRIGHT BY JORDAN HOPCHIK 2014 Title of Clinical Capstone Proposal: A NEEDS ASSESSMENT SURVEY FOR A GASTROENTEROLOGY ENDOSCOPY Read MoreNursing Essay41677 Words   |  167 PagesThe Future of Nursing: Leading Change, Advancing Health http://www.nap.edu/catalog/12956.html Committee on the Robert Wood Johnson Foundation Initiative on the Future of Nursing, at the Institute of Medicine PREPUBLICATION COPY: UNCORRECTED PROOFS Copyright  © National Academy of Sciences. All rights reserved. The Future of Nursing: Leading Change, Advancing Health http://www.nap.edu/catalog/12956.html THE NATIONAL ACADEMIES PRESS 500 Fifth Street, N.W. Washington, DC 20001 Read MoreLeadership for Health and Social Care and Children65584 Words   |  263 PagesQUALIFICATION HANDBOOK Level 5 Diploma in Leadership for Health and Social Care and Children and Young People’s Services (England) (3978-51/52/53/54/55/56) December 2011 Version 2.1 (July 2011) Qualification at a glance Subject area City Guilds number Age group approved Entry requirements Assessment Fast track Level 5 Diploma in Leadership for Health and Social Care and Children and Young People’s Services (England) 3978 19+ There are no entry requirements Portfolio of Evidence, Practical

Friday, May 15, 2020

Serious Illness And Disability Of The Workplace - 1926 Words

Serious Illness and Disability in the Workplace Serious, or chronic, illness and disabilities affect nearly 72 million working age adults, which is 39 percent of the working population in the United States (Tu and Cohen, 2009). Serious illnesses are ailments that are protracted, do not resolve spontaneously, and are rarely cured completely (Centers for Disease Control, 2009). Similar to serious illness, disabilities tend to be longer-term conditions. The Americans with Disabilities Act defines people as disabled if they have an impairment that substantially limits one or more major life activities, a record of such impairment, or are regarded as having such impairment (United States Department of Labor, 1996). A diagnosis of a chronic illness does not automatically signal the end of one’s employment; people with chronic illness often continue to work during treatment and recovery (Beatty, 2012). Workplace schedules and structures help people maintain their normal life patterns, diverting their attention from the troubles of their ongoing illness (Beatty, 2012). Supportive social relationships with work colleagues can also help people cope with difficult, uncertain, and serious illness symptoms (Beatty, 2012). Maintaining employment is especially important for United States since 65 percent of the working population aged 16 to 64 have employer-provided group health insurance and are reliant on employer provided health care (Mishel, Bivens, Gould, Shierholz, 2012).Show MoreRelatedThe Goals Of Disability Management Programs1419 Words   |  6 Pagesand costly. Each year an estimated 270 million workplace accidents occur worldwide. The annual cost of these accidents is $1.25 trillion U.S dollars. Under the Canadian human rights legislation, employers have a â€Å"duty to accommodate individuals† as they return to work. Meaning those who are attempting to return to work following an injury or illness via change in job task and or the work environment to enable workers with temporary or permanent disability to perform work productively. In light of financialRead MoreA Brief Note On Chronic Illness And Disabilities2019 Words   |  9 PagesDiscussed and the Nature of the Issue Serious, or Chronic, Illness and disabilities affect nearly 72 million working age adults, which is 39 percent of the working population in the United States (Tu and Cohen 2009). Chronic illnesses are ailments that are protracted, do not resolve spontaneously, and are rarely cured completely (Centers for Disease Control, 2009). Similar to chronic illness, disabilities tends to be a longer-term condition. The Americans with Disabilities Act defines people as disabledRead MoreThe Effects Of Bipolar Disorder On Individuals, Families And Society1109 Words   |  5 PagesMental illness is a leading cause of disability in Canada. All Canadians are likely to be indirectly affected through a mental illness in a family, friend or colleague. Statistics showed that 1 in 5 Canadians experiences a mental health or addiction problem. (Mental Illness and Addictions: Facts and Statistics, n.d.). This report will be focusing on one of the more common mental illness — bipolar disorder. Bipola r disorder, also known as manic-depressive illness, is a serious medical condition thatRead MoreDiversity Analysis : Diversity Management Essay1040 Words   |  5 PagesOrganizations must integrate diversity in their thoughts, actions and innovations. Diversity in organizations goes beyond making numbers to how people are treated in relation to its business model. It’s a time-sensitive necessity in the current workplace. Diversity cannot be bought or lip serviced. Based on authenticity, diversity is people-centered. It responds holistically to the dire needs of both the employees and clients. Long term strategies must therefore be considered so that diverse talentsRead MoreEqual Employment Opportunity and Employee Rights Review Paper1352 Words   |  6 Pagesof discriminations. This allows organizations to focus on promoting employment based on a person’s abilities. The two laws chosen for review are the Pregnancy Act of 1978 and Family and Medical Leave Act of 1993 . We will also discuss Drug-Free Workplace Act of 1988. Provide a General summary of each Law The Pregnancy Discrimination Act of 1978, was an amendment of Title VII of the Civil Rights Act of 1964 that prohibited sex discrimination on the basisRead MoreList Nine Elements That Directly Impact The Work Environment : Excessive Workload Essay1237 Words   |  5 Pagestermination, or who are just unhappy in a job may resort to violence. The Americans with Disabilities Act (ADA) and many state laws prohibit discrimination against employees based on actual or perceived disability. Mental illness is included within the definition of disability. It is unlawful to fire someone solely because he or she has a mental illness. An employer also must reasonably accommodate employees with disabilities—including those who are mentally ill—to allow them to perform the essential functionsRead MoreThe State Should Stay Out of the Employment Relationship1504 Words   |  7 Pagesand safety (OHS) to prove the state should stay in the employment relationship. According to the Australian Bureau of Statistics, a work related injury survey indicated a 53 out of every 1000 wo rkers had experience some kind of injury or illness in the workplace (Alice 2012). Overall, this essay will make a conclusion; combine these two main points to argue that the state should stay in the employment relationship. Norris (as cited in Loudoun, Mcphail amp; Wilkinson, 2009, p.225) states that discriminationRead MoreMy Company Is an Equal Opportunity Employer Essay581 Words   |  3 Pagesdiscrimination. This includes discrimination based on disability. The company, therefore, makes sure that it observes the federal laws, which prohibits discrimination of applicant employees based on the disabilities regardless of their qualification. This law is known as the Americans with Disabilities Act (ADA). In fact, the company has a policy that ensures there is no discrimination against the qualified individuals, who have disabilities concerning the application procedures, advancement, hiringRead MoreFederally Mandated Employee Benefits Essay1061 Words   |  5 Pagesprovide financial support to workers and their families when workers retire, die, or become disabled. Medicare provides healthcare assistance to older workers and to people with long-term disabilities †¦ often referred to as FICA (Fede ral Insurance Contributions Act) or OASDI (old age, survivors, and disability insurance) for Social Security deductions and as MHI (Medicare hospital insurance)† (BLS.org, 2005). In other words, Social Security and Medicare provides for the needs of both individualsRead MoreInsurance Act of State Employees of 19481459 Words   |  6 Pageshospitals . Treatments can range from open heart surgery for the bone marrow transplant , kidney transplant , etc. An employee covered by the scheme for the first time are eligible for medical assistance for a period of 3 months. 2) for Illness Benefit Periodic cash payments made ​​to an insured person during the period of certified sickness occurring in a benefit period , in which IP requires medical treatment and attendance with abstention from work on medical grounds. An employee is

Wednesday, May 6, 2020

A Scientific Discussion About Diet And Exercise For Health...

Hello Ms. Zimmerman and agents of the Zimmerman Agency, I would like to introduce myself, I am James Clark. I came across your contact information through your website as an agent that might be able to assist me with getting a completed manuscript published. The working title of this book is A scientific discussion about diet and exercise for health and weight loss. What we know†¦ what we think we know†¦Ã¢â‚¬  This manuscript was previously examined by Pegasus Publishing, unfortunately, it did not move forward following a full review of the text. The reason provided, as explained to me was budgetary reasons. Upon following up with the submission editor, it was suggested that I reach out to literary agencies, as I was informed that they enjoyed the book and were consolatory in their inability to move forward with this project. Therefore, I am reaching out to you. The idea for this book is to produce a synopsis of what is understood in regard to the effects that diet and exercise has on overall improvements in health for peop le who are overweight or obese. Unlike 99.9% of all books on this topic, it is not a selective review of the information to forward a dogmatic agenda, or intended to be a marketing pitch for any particular program. The focus of within each section of the book is to present the science of the issues of being overweight and the methods utilized to lose weight based on what we know (have proof) works across the population, as opposed to the format that manyShow MoreRelatedThe Negative Effects Of The Perfect Body And Obesity1026 Words   |  5 Pagesthe trend. The rest of the people who enter these diet regimens will stop due to the lack of time and motivation for them to keep up with others. Unfortunately, these shortcuts to a thin body for beauty and overall health can lead to extremes such as liposuction and multiple eating disorders. Corporations have taken advantage of the idea of fat being similar to that of an unattractive and undesirable body and use the negative effects on health to help further their marketing for their productsRead MoreHistory Of Medicine And Public Health Essay1548 Words   |  7 Pagesbachelor degrees in sociology and anthropology at the Australian National University, as well as a Masters in Public Health and a doctorate from the University of Sydney. She has written 14 books and 130 academic journals on the topics of medicine and public health from a sociological perspective. She is currently researching topics such as sociology in a digital culture and digital health analysis (Lupton, 2012). II. Research Questions †¢ â€Å"What does it feel like to be a fat person in a cultural contextRead MoreThe High Protein Diet Controversy Essay example2620 Words   |  11 PagesThe High Protein Diet Controversy The traditional dietary guidelines most of us were taught in school are now being challenged as a result of a new diet. Remember when your teacher told you that all you needed to do to eat healthy you just needed to consume a lot of pastas and breads and eat meats and fats sparingly. Times have changed. In todays fast paced world of dot coms and international space stations, everyone is looking for something new. Its in with the new and out with the oldRead MoreData commentary on obesity2500 Words   |  10 PagesAfter reading and evaluating six articles written by experts on obesity, the data seems to imply that better educating people about how their behavioral lifestyle choices effect their future and current health is the best solution. The six journal articles evaluated and analyzed include: David Freedman’s article, â€Å"How to Fix the Obesity Epidemic,† published in Scientific American in 2011. Green Gregory’s article, â€Å"Physical Activity and Chi ldhood Obesity: Strategies and Solutions for Schools and ParentsRead MoreThe Problem of Obesity3993 Words   |  16 PagesProblem of Obesity Obesity is a major problem in American. Year after year, new diets are published, and new medications are hailed as wonder drugs that will take weight off with little physical effort, yet the problem still exists unabated. In testimony before the US Congress, Berzins (2001) asserted that, â€Å"[weight] is a complex result of heredity, culture and lifestyle.† According to Rosin (2004), â€Å"About one-third of the U.S. population is 20 percent or more overweight and is therefore atRead MoreKetogenic Diet3772 Words   |  16 PagesKetogenic diet does not affect strength performance in elite artistic gymnasts Antonio Paoli1,2*, Keith Grimaldi3, Dominic D’Agostino4, Lorenzo Cenci5, Tatiana Moro1, Antonino Bianco6 and Antonio Palma6 Abstract Background: Despite the increasing use of very low carbohydrate ketogenic diets (VLCKD) in weight control and management of the metabolic syndrome there is a paucity of research about effects of VLCKD on sport performance. Ketogenic diets may be useful in sports that include weight classRead MoreObesity : A Growing Problem4014 Words   |  17 Pagesproblem that needs to be addressed because health care professionals have observed obesity-related health risks like early onset of Type 2 diabetes, respiratory problems, cancer, depression, and cardiovascular disease and the longer someone is obese, the more serious these factors become. The USPIRC article mentions that 85% percent of people with diabetes have type 2 and 90% of those people are obese or overweight (â€Å"Stop Subsidizing Obesity†). Additional health risks include infertility, skin problemsRead MoreDiabetes : The Leading Chronic Disease3040 Words   |  13 Pagesdiabetes worldwide. It is projected that by 2035, this number will rise to 592 million (Atlas, 2013). In 2012, a total of 29.1 million people or 9.3% of the United States population have diabetes (Centers for Disease Control and Prevention, 2014). That’s about 1 out of every 11 people. According to 2010 statistics, diabetes is the seventh leading causes of death in the United States (Centers for Disease Control and Prevention, 2014). The estimated diabetes costs in the United States for 2012 was $245 billionRead MoreTaking a Look at Maternal Obesity2007 Words   |  8 PagesThe references used are located in the last part of this essay. The literature search was conducted using the keywords and terms maternal obesity, overweight, pregnancy obesity complications, pregnancy risks for obesity, weight gain in pregnancy and prevalence of maternal obesity in Australia. Articles, researches and journals published within the last five years were chosen to gather the most recent peer-reviewed and evidence-based information. The databases that were used include CinahlFT andRead MoreJean Watsons Theory Of Human Caring: Applying It To My Own Practice2314 Words   |  9 Pagesseldom took care of herself. She was overweight, pre-diabetic, and had hypertension. By giving her permission to care about herself and enabling the two of us to explore ways for Ms. X to put caring for herself into action and improve her health and reach her life goals, I believe we had a caring moment that resulted in a breakthrough in the patients ability to reach her health goals. Another valuable component of Watsons theory is that Watson is one of the few nursing theorists who consider

Tuesday, May 5, 2020

Narrative Essay About a Dangerous Situation free essay sample

Im going to talk about a time when I was in a dangerous situation. When I was ten years old two guys mugged me, they threatened me with a gun and I was so scared I remember thinking they were going to hurt me or even kill me. My father had a restaurant and he needed smaller bills to give change he could not leave the restaurant, so he sent me to buy some groceries. On my way to the groceries store two guys told me to come closer I refused and walked away as fast as I could, they came after me and grabbed me from my arms. I can clearly remember them saying What do you have? Give me all that you have or we will hurt you. I did not respond to them I was so scared that I could not do it they started to drag me to a near dumpster. We will write a custom essay sample on Narrative Essay About a Dangerous Situation or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I remember I thought that would be my end. Seems like it was not my time to go, because a man saw what was happening and ran to help me, he yelled at the muggers and they panicked they grabbed my cellophane and ran, they did not find the money my father gave me, because hopefully I had hidden it on my socks Just in case ND my precaution was worth it.The man asked me if I was k I was still In shock trying to assimilate what Just happened but I replied yes, thank you, he took me to my fathers restaurant and told him what happened, my father hugged me and thanked the man for saving me. Being mugged was probably the scariest situation I have ever experienced. I was a 10 years old kid who did not know if he was going to return to his home or see his parents again. I never want to live that experience again and I would never wish that to anyone.

Sunday, April 12, 2020

Adjusting to Terrorism. Essay free essay sample

In this current situation, local and federal law enforcement were involved, and due to local law enforcements initial involvement, it seems that some things were missed, despite the men being apprehended on conspiracy charges. I would have to make a change, and this change would come in the form of more effective Information gathering. The benefit of this change for the local law enforcement agency would allow the force to be up to date on any or all information, as it pertains to the citizens f that county or city, as well as sharing vital information with other criminal Justice agencies, such as the FBI and TAFT.In this particular story, these men were suspected members of the Georgia Militia, and had ties to various off-shoot organizations in the South that oppose the government. The negative consequences of the change may come in the form of Fourth Amendment challenges, and the Idea that law enforcement Is invading a persons privacy, which Is also protected by the constitution, but do to the Patriot Act, this has allowed the government and criminal justice agencies to pry into a persons business and life without consequence. We will write a custom essay sample on Adjusting to Terrorism. Essay or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Another negative aspect is the possibility that Information can be abused, and according to the CAP abuse can happen if such operations are not properly organized, focused, and directed (2003). There are several resources that factor into this change of obtaining information more efficiently and effectively, and human resources play a vocal role, as these individuals In this department would be responsible for record keeping of vital Information. Whether It may be personnel files. Or classified Information and assigning resources to assist in various areas of information sharing operations.Human resources is also involved in the planning and resource allocation, and according to Carter this intelligence function assist in providing information to decision makers about changing the nature of threats, emerging threat idiosyncrasies, and developing strategies and reallocating resources (2004). There are also financial and management aspect as well, as management will be erected to defin ing mission statements, staying current with potential threats, and holding individuals accountable, as possibly deception, abuse, and misguided Information can be catastrophic.

Tuesday, March 10, 2020

Balkan Nationalism as WWI cause essays

Balkan Nationalism as WWI cause essays Nationalism is an infantile disease. It is the measles of mankind,- Albert Einstein. Over the course of humanitys march out of the East and into the west, the Balkan Peninsula has been a crossroads of political, cultural, and artistic developments. The Balkans, much like the other regions of Europe during the turn of the twentieth century, were experiencing strong nationalistic ideologies. Nationalism in this scenario would be defined as the desire for people to be ruled by themselves. For the Balkans this meant the expulsion of all foreign presence. Tensions caused mainly by nationalism in the Balkans between 1870 and 1914 contributed to the beginning of the first World War because of the chain reactions that occurred after the assassination of the Archduke Franze Ferdinand. A rise in military power in Europe began after 1870. Germany had taken the territory of Alsace-Lorraine from the French in the Franco-Prussian war. Due to their quick and embarrassing loss in the war, and concerns about another German attack, France began to build up their military and place strong fortresses on the German border. Frances military building would foreshadow the arms race Europe would see. In 1890 Bismarck was dismissed as Chancellor of Germany by a naive Kaiser Wilhelm II. Wilhelm wanted to expand the German navy and began so by building a fleet of battleships. Britain attempted to maintain twice the navy of its enemys; hence they began to build as well. In 1906 Britain developed the HMS Dreadnaught, a new battleship, which was capable of the speed of 21 knots. The navy was not the only part growing. Weaponry advanced, submarines and airplanes appeared, and Europes military count was at its peak. The arms race left a frustrated continent on the edge and trigger happy. Bismarcks absence changed the alliance of Europe. Kaiser Wilhelm II refused to renew the Reinsurance Treaty with Russia. Russia did not wa...

Sunday, February 23, 2020

How Germany's Hospitality Has Changed During the Olympic Games in 1936 Essay

How Germany's Hospitality Has Changed During the Olympic Games in 1936 Compared To the WM In 2006 - Essay Example World War 2 is considered to be a black mark in the history of the mankind. This was the war which changed the geo-political scenario of the world. Even today in some or the other form we still face the repercussions of this war. Germany bid for the 1936 XI Olympics in 1931, year in which Hitler had not surfaced so strongly. There were only two countries which bid for the hosting of the Olympic Games, Spain and Germany, out of which Germany won the bid with good voting margin. It is interesting to note that there were only two countries who bid for the games. The year 1931 was extremely depressing for the world. The crash of 1929 affected almost all the countries in a real adverse way. Germany was no different. Economic crisis is a phenomenon in which the society crumbles faster and deteriorates more than any other calamity. We have to understand this background to understand the extreme nationalism that rose to the surface. Adolf Hitler came to power 2 years prior to the Olympic Games in Germany. The racial and anti-Semitic policies adopted by him were becoming well known. Due to treaty of Versailles the size of the German military was restricted. The pretext of athletic training was used for military training. All these areas were banned for the Jews to participate in. It was not difficult for any political party for that matter to ignite the already inflammable conditions. In the third edition of his textbook (with E. Baur and E. Fischer), professor Fritz Lenz writes: "We must of course deplore the one-sided anti-Semitism of National Socialism. Unfortunately, it seems that the masses need such anti feelings... we cannot doubt that National Socialism is honestly striving for a healthier race. The question of the quality of our hereditary endowment is a hundred times more important than the dispute over capitalism or socialism, and a thousand times more important

Thursday, February 6, 2020

Campaign Finance Essay Example | Topics and Well Written Essays - 750 words - 1

Campaign Finance - Essay Example The Supreme Court Case Citizens United vs. Federal Election Commission did extend the free speech rights to the corporations. However, in the light of the doubts raised by the documentary Big Sky, Big Money and a thorough perusal of the views of Justice Anthony Kennedy and Justice John Paul Stevens in the given case, it would be pragmatic and fair to say that corporations should not have the free speech rights as the individual citizens and much more needs to be done to protect the American elections from the influence of â€Å"big money†. The big question is to decide as to what extent the personification of corporations should be allowed in a democratic society like the US? This question needs to be analyzed in the light of the assertion made by Justice Stevens that â€Å"†the special characteristics of the corporate structure require particularly careful regulation† in an electoral context (Stevens 301).† Thereby, the one salient characteristic of corpora tions is the kind of financial wherewithal they have at their disposal, to influence the outcomes of an election. This doubt needs to be approached in the context of the claim made by Professor David Parker of Montana State University in the documentary Big Sky, Big Money that in Montana elections, almost 68 % of the money being ascribed to the election campaigns could be traced to outside groups, who are taking the advantage of the Citizens United vs. ... It simply amounts to a base and shallow playing with the statutory rules to pump corporate money into the election campaigns of the select candidates, as Rodell Mollineou, the President of the research group American Bridge extending services to 501C4 groups like WTP blatantly asserts in the documentary that â€Å"I am playing by the rules given to me (Frontline 1).† Thereby, the Citizens United vs. Federal Election Commission in a way gave a free hand to the corporations to use the pecuniary power at their disposal, to extend the much needed financial brawn to the candidates whose views happen to be in tandem with their designs. Till today the biggest obstacle before the corporate interference in the American election system was the challenge as to â€Å"How to use money to effect elections without disclosing where money is coming from (Frontline 1).† The Supreme Court decision in one stroke ameliorated this impediment by declaring corporate financing of private issue advocacy groups like WTP to be legal. The other salient hassle before the corporate interference in the election process was the onus of endowing this criminal practice with a moral justification. However the premise lay down by the Supreme Court decision that the independent corporate election expenditure aided the cause of democracy by increasing â€Å"the number of issues discussed, the depth of their exploration, and the size of the audience reached (Kennedy 296)†, further facilitated the corporate electoral intentions. As was expected, this decision provided the much needed fuel to the corporate lobbyists like the campaign finance attorney James Bopp to accrue the much required

Wednesday, January 29, 2020

Shakespeares portrayal of Hotspur in Act 3 Scene 1 Essay Example for Free

Shakespeares portrayal of Hotspur in Act 3 Scene 1 Essay With close reference used to dramatic methods, discuss Shakespeare’s portrayal of Hotspur in Act 3 Scene 1. Hotspur has several ongoing characteristics in the play, with the main one that is constantly being brought forward is his egotism that shows in his interaction with other characters. In line 16, after listening to Glendower’s boast, Hotspur feels that his ego has been threatened. This character development tells us that Hotspur doesn’t like to be outshone by others. â€Å"Why, so can I, or so can any man, but will they come when you do call for them?† Hotspur’s taunting tone is shown here as he claims anyone can do what Glendower says he can do, but questions if it will actually work, belittling him. â€Å"Methinks my moiety, north from Burton here, in quantity equals not one of yours.† Hotspur believes he deserves more, and he would re-route the channel to get his way; â€Å"And here the smug and silver Trent shall run in a new channel, fair and evenly. It shall not wind with such a deep indent, to rob me of so rich a bottom here.† Hotspur wants more of what he has already got and isn’t grateful for his shares, with this showing his self-centered and egocentric personality. Hotspur constantly speaks in a derisive tone to others and often rudely interrupts them in pieces of dialogue. In this particular scene, Hotspur is being portrayed by Shakespeare as a disrespectful character. He bluntly denies Glendower’s boast about his magic powers and mocks him when he mentions the meteor shower that occurred on the night of his birth, â€Å"Why, so it would have done at the same season if your mother’s cat had but kittened, though yourself had never been born.†, which lets his antagonistic ego to foster friction between his allies. His obvious opinions is not necessarily a bad trait however, as this shows us that he wears his heart on his sleeve, and is very honest with others; whether it be negative or positive. â€Å"Let me not understand you, then; speak it in Welsh.† This recurring characteristic adds character development to Hotspur. When it comes to plot development, Hotspur forgetting the map at the start of the scene shows that he is impractical and has a lack of foresight. Also, his lack of sophistication and refinement is shown when he insults literature, meaning Shakespeare portrays Hotspur as very uncultured. His fiery and argumentative side is exhibited with his use of imagery in the scene, however his political naivety in also revealed as he allows personal feelings to intrude on his personal relationships, and presents his lack of diplomatic maturity. Hotspur’s arrogance is exposed when he begins arguing for the sake of arguing after interaction with Glendower in a battle of wills makes Hotspur boast after Glendower gives in, and once again feeds into his egotistical side. Another thing established in this scene is Hotspur’s reputation, as after more interaction with Glendower, he reveals what others say about him and that he has a renowned, infamous and fearsome reputation. Hotspur is known to be a brave, ruthless warrior in battle. His short temper and reckless attitude has not only gained himself a nickname, but also a rash status. Hotspur’s best trait, his boldness and quick temper, is also his worst flaw, as he may be valiant in battle but cannot manipulate or work with allies, and is very tactless. His quick temper causes him to alienate Glendower, one of his family’s most important allies, which is not a smart move. Hotspur is not only rude to his allies, but also his Lady. He jokes to her â€Å"Come, Kate, thou art perfect in lying down. Come, quick, quick, that I may lay my head in thy lap.† He later says â€Å"Come, Kate, I’ll have your song too.† To which she replies â€Å"Not mine, in good sooth.† Instead of letting it go, Hotspur becomes enraged at Lady Percy; â€Å"Not yours, in good sooth! Heart, you swear like a comfit-maker’s wife!† He tries one last time to convince her â€Å"Come, sing.† But she still won’t, to which he leaves in anger; â€Å"I’ll away within these two hours, and so come in when ye will.† and leaves her in tears. Hotspur disregards other’s feelings and wishes, even his Lady’s. This brings up Hotspur’s cruel ways and his childlike actions when he does not get his way, along with his selfishness, and his irresponsibility towards his personal relationships. In this scene, Shakespeare continues to portray Hotspur with a mocking attitude, a hot tempered mind, his open mind and the fact that he is a ruthless fighter, and starts to bring up his self centered, impatient and immature acts, that is mainly brought to our attention through his interaction with other characters and his actions during heated and normal moments, from battle, to conversations in the Boar’s Head Tavern.

Monday, January 20, 2020

Cultural Aspects of Korean Boshintang :: Papers

Does Korean plan to serve Boshintang soup for the visitors to Seoul during the World Cup tournament? This is one question from an American to Korean English newspaper last month, condemning Koreans for eating dog as cruel abuse to animal. Some of the Western media treat Koreans as savages for eating dog meat and put it on the air as a most intriguing piece of news. As well, many international people who know something of Korea or visit to Korea always ask about this dog-eating. And then, how should we react to this issue? Should we scold them back for lacking of understanding others? Or should we really feel embarrassed about this old part of our culture and throw away like old shoes? Boshintang is apparently our traditional food habit, which can be irrational and not easy to understand for foreigners. But whenever Koreans were heard criticism or asked about it, most of them could not defend themselves or answer the question logically. We have to know that it is our responsibility to inform them the right view of thinking. I am here now to give some interesting informations about ou r eating habit to look at it in a new light. What we eat or not is patterned by culture. Some eating habits may seem disgusting to others who don't share the same culture. A sense of cultural superiority is wrong because every culture is a specialized adaptation of environment. Korea is very cold during the winter, so it was difficult to raise cattle a long time ago. Besides, bullocks were the essential farming animals that pull plows and carts. As a result, generally eating beef in Korea was very uncommon to people. So Korean started to raise dogs which grew well even in the cold weather and without special food or care to obtain insufficient nutrition. Many westerners think that dogs have been bred for centuries to be man's best friends or even family, and not to be livestock. But Korean concept of dog is very different. There are distinct differences between human and animal in Korea. Many Koreans even don't like living with any animal under the same roof of the house and get them their own home outside. As well, the family relationship has been very strong in Korea, so they don't treat dogs as pets in the western way. That's why Koreans do not have much affection for dogs, which is usually given to eat leftovers and manure traditionally.

Sunday, January 12, 2020

Global Economic Crisis: Implications and Challenges to the Philippines Essay

This is a forum where we can wonder, what is really happening in our country? Mr. W.D. Hilton our keynote speaker discussed the possible effects of the Global Economic Crisis in the Philippines. In this paper, I will write some of the highlights when we talked about Global Economic Crisis. The primary target of the said crisis is the people. There are so many people suffering in crisis and covered by clouds of hopelessness. Is there any hope, waiting for us to a brighter prospect of life? There are so many problems that we are experiencing right now. For our country Philippines, the Global Economic Crisis really put our country at stake. There is a big probability that there are many fellow Filipinos will be put to the test; on how high are their faith and how strong they are in facing the Economic crisis as of now. As a citizen concern, there are so many questions that are bothering to me at this time such as, what is Global crisis exactly means? When will economic crisis end? How to cope with the global financial crisis? And, what would be the possible effects of Economic crisis in the Philippines? What is really a Global Economic Crisis means? Based on my own understanding, Global Economic Crisis is the situation where more than one country is affected by scarcity of resources to be needed enable to provide for all citizens globally. When you say crisis, as what the dictionary defined it as, a condition of instability or danger in social, economic, political or international affairs leading to decisive change. This definition implies that our country is obviously affected by the so called Global Economic Crisis. As what the symposium explained and emphasized during the discussion, it is visible to the eye that we are one of the most affected by the crisis because as a third world country, this is not impossible to happen. The hardest question that crossed my mind was, when will economic crisis end? This would be a difficult question that the answer is still unclear for us, Filipinos. Another question is, is the Philippine Economy ready to battle the Global Financial Hardship? In our status right now, we are still struggling for some very broad reasons such as, corruptions, poor leaderships and rich in stealing wealth from others. If we still continue this type of system in our country, there’s no hope for any survival in crisis. Our superior in the government doesn’t have any heart for the poor and the rich people are getting richer. As a democratic country, how can we fight for what is right when all that we have is the left over of the government? Global economic Crisis touches the people’s lives negatively in some other ways. Here is some example of situations that is occurring right now. We can’t stop the time from approaching to us and will surprise us that one day; there would be a downsizing in the organization. One of the main reasons of downsizing of employees is, the company cannot afford to pay their salaries anymore due to financial crisis. It is hard for the organization to motivate their employees well because of lack benefits and expenses for their compensations would be budgeted only. For those who graduated recently, it would be difficult for them to get hired because there are no available jobs for them or the organizations are not yet ready for hiring new employees. It implies that there is no assurance even if you are holding a degree. Unfortunately, for the undergraduates are more difficult for them to find a job because of no vacancies for them available. For the prices of products or goods in the store, the consumer will buy it by bundles or dozens because they are aware or expecting that there is a price hiking because of high demand of goods. This is also the time that only few consumers because only few people can afford for the expensive price. That’s why they are taking the opportunity to buy the goods as many as possible. For our fellow Filipinos in other countries such as the OFW (Overseas Filipino Workers) they are also affected by Economic Crisis in such way. Have you heard the news that there was a time that the OFW’s were forced to send back to their respective countries due to poverty. Of course, the foreign country will prioritize first their fellow countrymen before the other citizens while experiencing the crisis in their country. Lastly, for those who are my fellow students also got affected. Example of this, they are millions of students taking up â€Å"Nursing† because it is in demand this time. Without noticing it, that there so much rivals or competitors with that job, to the extent that they are only few of them got a vacant seat due to overflowing of graduates with that course. Because of the crisis, they are hoping to go abroad, but unfortunately, they are only selected and rare people has the capability or could meet the requirements in going abroad. So, where are they going? It takes time to wait for other demand from other countries. With these situations, it would really pull us down. We are almost poor in everything even though we are rich in natural resources. We just didn’t know how to use our natural resources wisely. Even in making wise decisions are very hard for us. Poor in leadership, has a big impact in our country that’s why we are suffering and experiencing these unwanted state in life. We owe USA with a big amount. We are still hoping to pay for it but, if the occurring of corruptions in our country; it would be difficult for us to cope up because if greediness ruling inside of us, with no hesitations, our country is slowly dying. To sum up everything, Global Economic Crisis is a big threat because we allow vulnerabilities and the threats to come. What would be the mitigating measure that we are going to use to cope up with the big crisis? I think truth shall always prevail. Our politics has a big part in our crisis right now. We should stress what should be stress out. We have to overcome the crisis this time because we are all accountable for whatever may happen.

Saturday, January 4, 2020

Consequences Of Liquidity Crisis On The Interbank Market Finance Essay - Free Essay Example

Sample details Pages: 6 Words: 1712 Downloads: 5 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? Interbank markets are the mean for the liquidity management and the transmission of monetary policy. Actually they work as the markets that banks use, to trade among themselves in order to remain liquid and meet their liabilities. Interbank markets function with two ways within the financial system. Don’t waste time! Our writers will create an original "Consequences Of Liquidity Crisis On The Interbank Market Finance Essay" essay for you Create order Firstly they can be used from the central banks as their median to intervene and enforce their policies so to configure the desired interest rates. Secondly, a well organized interbank market enable the financial system to effectively circulate liquidity by transferring funds from financial institutions that face surplus to those that are in need of liquidity (Furfine, 2001).Therefore, policy makers are in deep concern about any malfunction in the interbank markets, even more in the case of a liquidity crisis within the interbank markets. Their worries refer in particular in the patterns followed from the interbank interest rate, as the performance of the later represent the marginal cost of funding among banks. In the case that interbank interest rates rise, banks will face a higher funding risk and their only response will be higher liquidity hoarding. Banks will prefer to hold more reserves, being reluctant to any potentially risky investment through interbank lending to other ins titutions that will possibly be affected by an ongoing financial instability. This fact will coincide to the failure of the interbank market to function successfully by allocating funds within the financial system and will conclude to an interbank market liquidity crisis. In addition to these effects an increase in counterparty risk and asymmetric information will cause an adverse selection problem in the interbank market, resulting in even more higher level of liquidity hoarding and in a severe impairment of the market possibly concluded in its total break-down (Heider et. al. 2009). This view comes in line with Flannery (1996), who observed that even if policy makers are well informed interbank markets can fail. The reason is that, during a crisis it is neither clear to the market participants, nor to the central bank how to distinguish an insolvent from an illiquid bank. As a result its creditworthiness is doubtful. Implicit in this the lending bank itself is unsecure about the creditworthiness of its counterparties (counterparty risk) so is unable to diversify its interbank lending portfolio across other assumed illiquid banks resulting in refraining from interbank lending and thus provoking liquidity crisis. Interbank activities among financial institutions will be limited and financial intermediation will collapse. This inability of banks to obtain the funds needed to maintain their business, failing to remain liquid and meet theirs depositors demands for withdraws and borrowing will generate a credit crunch with implications for the general economic stability. Interbank credit lines allow institutions to cope with liquidity problems while reduce the cost of maintaining reserves. At the same time though, they expose the financial system to the risk of coordination failure even if all the banks that participate are solvent. The systemic risk that arises throughout the interbank transactions is capable of generating a chain reaction to the whole economic system triggered by the default of only one bank. Meanwhile, Freixas et al (2000) went further to the reasons that cause liquidity crisis, pointed out that liquidity needs that set in function the interbank markets are generated from the uncertainty the consumers have, in where they want to consume. So in case that the depositors of one location wish to consume in another location and think that there will not be enough resources in that destination then their best response will be to withdraw deposits at their home location. This fact will trigger the early liquidation of the investment in the home location witch with backward induction will make it optimal for the depositors to other location, imitating the behavior of the formers. The consequences of this series of actions will be once more, the malfunction of the interbank market in a way that a small liquidity shock in one location may spread to the rest of the economy. It can be reasonably argued given the recent literature that interbank markets played a major role in the last liquidity crisis. The financial markets turmoil in the summer of 2007 caused by a severe subprime crisis in the U.S housing market set the alarm for the experts to re-appraise the phenomenon of financial crisis, as the liquidity problems that were provoked into the economic system were profound have never been met in the past. The events that led to the credit crunch of 2007 might have started from the housing markets but the combination of trade frictions, expected liquidity shortage and increase in the credit risk, was that triggered the most prolonged depression of all times. A series of events increased the funding risk of banks which with their turn responded with higher liquidity hoarding that resulted in even higher interest rates. The majority of interbank activities are conducting through overnight unsecured lending where there is no need for collateral and since this is the safest option for a lender to solve its liquidity problems. Thus, overnight rates are very sensitive to illiquid situations and any problem in the interbank market is being reflected firstly in them and afterwards to the rest of the markets. In the case of the crisis of 2007 such effects were witnessed with severe increases on overnight bank rated lending activities for both secured and unsecured markets (Acharya et al 2009) The event of the crisis of 2007 in asset backed securities[1]within the housing markets, affected the money markets and the interbank market as well. Market participants pursued to higher yields and turned into more risky and high leveraged investments as a consequence of a prolonged peaceful period characterized by financial stability with consistent and low interest rates since 2003. These reactions increased the market liquidity and encouraged investors to take positions in even more risky assets as the increasing liquidity reduced the interest rates volatility. Meanwhile, commercial banks have already adopted the model of the originate and distribute providing the money market with a whole new range of assets. The idea of the model originate and distribute, was to securitize and sell the loans on the financial markets allowing in this way the banks that initially granted the loans to diversify part of the risk by transferring it to the counterparties and gain back liquidity for further lending. Normally banks create separate entities the so called structured investment vehicles (SIV) which are dependent on the banks that originate them but do not appear on their balance sheet. These tools are responsible for the diversification of the risk as it spread among other parties contributing in this way to the financial stability. Nevertheless these functions require an effectively and correct asset pricing system along with accurate risk assessment and proper management. Always under the assumption, that the procedure of securitization does not change the incentives for ex ante screening and ex post monitoring. Unfortunately in the case of the crisis of 2007 none of the above mentioned assumptions obtained Uncertainty concerning the condition of the structural investment vehicles, which relied on the assets-based paper markets as the source of finance, forced the banks to consider possible support of their subsidiaries. Since the exact magnitude of the losses was initially unknown, the banks assumed the worst and acted as if they were facing an impending out of low of liquidity. Such behaviour constitutes a deviation from the rational expectations hypothesis since it is impossible for all the banks to become short of liquidity when aggregate liquidity does not change. (Kempa 2009) In that case of the suspended withdrawals from some of its hedge funds invested in sub-prime mortgagebacked securities due to the inability to mark these assets to market. The result was a freeze in the market for asset-backed commercial paper (ABCP), which caused rollover problems for structured investment vehicles (SIVs) and conduits set up by banks as off balance sheet vehicles for liquidity and regulatory arbitrage purposes. As the ABCP liquidity dried up, banks took assets from SIVs and conduits back on their balance sheets. The resulting uncertainty about the extent of such assets that banks would have to take back on balance sheets, the magnitude of losses banks faced, and whether they had enough capital to bear these losses affected not just capital markets but also the inter-bank market for borrowing and lending activities. The average interbank market interest rate which is the tool of operational policy, increased especially for the longer maturities along with the increase in rates volatility. There was when liquidity hoarding came into the spotlight when banks in their attempt to satisfy their reserves requirements started to hold cash beyond the necessary level, a fact that blocked the efficient allocation of liquidity among banks. This precautionary hoarding by some settlement banks raised lending rates for all settlement banks, following a chain result triggered of contagion style systemic risk. Thus, volatility in overnight interbank rates affected immediately rates in commercial banks having effects to the rest of the financial system. As pointed in Acharya et al (2009) the subprime crisis of 2007 was partly triggered from the liquidity crisis of the interbank market which in its turn was a result of precautionary hoarding of liquidity from the financial institutions due to their insecurity about their ability to lend or to be lent in the future. According to sources from the Bank of International Investments (BIS) only in the United Kingdom liquidity hoarding increased 30% in the period right after the 9th of August of 2007. Brunneti et al (2009) suggested that the sub-prime crisis has created serious liquidity issues for the interbank market. Banks, unsure about the depth of the problems on other banks balance sheets, have simply not been willing to lend to each other without substantial accommodations for counterparty risks. To counteract the resulting lack of liquidity in the interbank market, central banks have been proactive in injecting liquidity into the system. Regarding the channel through which the liquidity crisis affected the interbank markets, the European Central Bank (E.C.B 2007) official statement is that: The squeeze in the interbank money market reflected the fact that participants in the market became fearful about counter party credit risks and they also hoarded liquidity in case of unexpected need.