Saturday, October 5, 2019
Clownfish Mating Essay Example | Topics and Well Written Essays - 2250 words
Clownfish Mating - Essay Example In this struggle, the male clownfish is quite belligerent towards the female and shows his desire by biting, chasing and extending his fins. The female clownfish mates with the male one after some struggle. After it, she lays eggs on a flat surface cleared by the male clownfish and built into a nest. The eggs that are laid by the female clownfish are fertilized and guarded by the male clownfish. He is the one who takes care of the eggs. He becomes free when the eggs get hatched and larvae come out of the hatched eggs. Clownfish is a beautiful fish that is liked all over the world because of its elegant style and appearance. People like to keep clownfish in their aquariums in order to increase the beauty of an aquarium. Clownfish, which is also called anemone fish, belongs to the order Perciformes, its family is Pomacentridae, its genus is Amphiprion and its species is ocellaris (Boyer 2009). Its scientific name is Amphiprion ocellaris (Fishlore.com 2007a). Clownfish is called anemone fish because of its symbiotic relationship with sea anemones (Hoff 1996). Symbiosis can be defined as a process in which, both the organisms are benefited because of the relationship that is formed between them. Clownfish and sea anemone forms a symbiotic association with the anemone due to which, clownfish as well as the sea anemone, both are mutually in advantage (Fishlore.com 2007b). As far as its habitat is concerned, the clownfish is found in warm waters, which are oceanic and sultry (Boyer 2009). The clownfish is usually at most 5 inches long and at least 2 inches small. The male clownfish is smaller in size than female clownfish (Randall, et. al 1997). There is a very interesting fact about clownfish and its gender. When a clownfish gives birth, all the newly born are males (Fishlore.com 2007a). In fact, the clownfish is male at its birth and remains male until it becomes dominant than other male clownfish around it. When one clownfish grows in size and gets
Friday, October 4, 2019
Management and globel economy Essay Example | Topics and Well Written Essays - 1000 words
Management and globel economy - Essay Example ive application of cross cultural teams can offer a source of experience and inventive thinking that enhances the competitive position of the organization. Nonetheless, cultural disparities are can impede with the successful completion of projects in present multicultural, global business society. To attain project objectives and avoid cultural misapprehensions, project managers should be culturally sensitive and support creativity and motivation through flexible headship. They should also apply the famous and accepted cross cultural management theories for the benefit of the company and society. Theories tackle connections between populace, motivational direction, orientation toward threat, definition of oneself and others, outlooks to time, and attitudes to the atmosphere. Motivation and training of multicultural projects groups and appropriate inferences for project management is an integral in business success. Cultural differences in business management affect people as it affec ts the relationships between people. Two main, distinct cultural dissimilarities can be identified concerned this relationship. It leads to egoism and collectivism approaches, which further develops universalism versus particularism as well as individualism and communitarians. Managers also apply motivational orientation whereby society’s means to deal with intrinsic vagueness of living. In this aspect, masculinity and femininity, uncertainty averting, and control distance are issues to consider. Another aspect to consider is outlooks toward time between long-term and short-term courses, which are either inner or outer time. For instance, Unilever applies cultural differences approaches at it operates in over hundred countries with different cultures. The case study of Unilever is an inspiration to corporations that fancy thriving in the fast-moving economy. Unilever has long considered adaptation a chief factor of success in the consumer goods sector globally, mostly in the
Thursday, October 3, 2019
The Impact Of Behavior On Individual Success Essay Example for Free
The Impact Of Behavior On Individual Success Essay INTRODUCTION            Success means different things to different people. For some it means having a healthy family, living in a nice home, and working at a good job. For others it means fancy cars, glamorous surroundings, fame and of course, fortune. In addition, each person’s definition of success changes as his or her life moves and changes. At one point in life, success might mean falling in love and entering into a long-term relationship with another person; at another point it might mean devoting a significant amount to travel or put the kids through school; and at still another point in time, it might mean devoting a significant amount of time and energy to spiritual matters, Even though every individual has a different and ever-changing definition of success, what motivates each and ever one of us to pursue success is our desire for a happier and more fulfilling life.            Success, therefore, is more about emotional satisfaction than it is about maternal reality. It is more of a state of mind than a state of being. When we set our sights on a new job, more money, a new car, a better relationship, what we are really asking for is happiness that is a very worthy goal.            We have become a society that desires immediate gratifications above all else. More often than not, when we watch television or go to the movies, we see this desire projected onto characters who usually have no real means of earning a living, but who possess everything we want: money, lovely homes, and many other material things. There is no great mystery surrounding what constitutes the material dimension. Our ability to think inwardly, to reason, is what separates us from other living creatures. This ability to think inwardly and pursue tranquility is what makes living worthwhile. This paper looks at the impact of behavior on individual success and the ways people can improve their success by improving their behaviors and actions. The performance of a business depends on how its organization behaves in the midst of dynamic environment, competition and diversified consumers. The success and failure of a business firm rely much on the type of its organizational behavior. A business firm encounters uncertainty and risk in its operation which mostly related to changes in the economic condition, consumer preferences and competitors. There is also the challenge brought by the highly competitive market that a business firm has to face. In addition, organizational behavior includes changes in its internal organization such as the employees, shareholders and the management. George Jones (2000) define organizational behavior as â€Å"the study of the many factors that have an impact on how individuals and groups respond to and act in organizations and how organizations manage their environments.†It deals with the interaction between the organization and the individuals or its employees. The study of organizational behavior provides a set of tools that explains why people in an organization stay for many years or leave in a short period of time. It also explains why there are people who are considered assets in a company but others are not. The study of organizational behavior also serves as an instrument that allows the management to identify strength and weaknesses of each individual or group. In this way, promoting changes in an organization will improve the capacity of each member to achieve the organization’s common goal and objective. Gibson et al (2002) maintains that effective management of behaviors needs an understanding of theory research and practice. It is essential that these three characteristics be incorporated both in individual and organizational success. Author Derrick sums up his idea of an ethical way of life as being a passionate way of life as well when he begins his book with the saying that â€Å"An ethical endeavor at which you can work with passion and integrity is a key component in a satisfying life.†Derrick is not the common self-help psychology author. The reader is made to feel that what he says is sacred and worth reading. He has all his insights about life in that book. It seems that passion is a main issue to him as he repeats it again on page 18 as he says. An ethical life is, of necessity, a passionate one (p. 18). As one reads the book, the reader is reminded how the values he expounds in his book can be linked to actual work settings. For instance, the value of courage as he explains is not so much in being brave but in owning up to one’s duties and responsibilities. Blaming has never been an asset in any company, especially a prison where a mistake can be fatal when things go awry. When people start blaming other departments for the problems that arise, then, there must something wrong with the way that institution has been established in the first place. What is sure though is the faulty attitude that makes up that particular organization. This is also a big communication barrier that needs immediate remedy. When one has a grudge against someone, he tends to make that someone responsible for everything he finds wrong. But when one is honest about his dealings with people, then that honesty returns back to him many folded.            When a person in one department blames someone, his desire to judge and punish is often what is at work. Someone blames another when he is angry because the action made things turn out differently than he wishedâ€â€if not through his words, then through his manner and tone of voice. One can put all the responsibility for what happened to him, in a way that implies what he did was â€Å"wrong†or â€Å"bad.†Moreover, blame breeds resentment. â€Å"it’s your fault!†is a red-flag phrase. It is to a person what a matador’s cape is to a bull. The hooker in blame is that smidgen of truth in what one said or implied. One can seldom say, â€Å"That’s just what you feel-it has nothing to do with me.†When a person’s blamer goes to work, it is very canny. It knows exactly where to go zap, where to pick out that nasty kernel of truth. A put-down artist is an expert at zeroing in on where you feel bad about oneself and making him feel even smaller there.  Two messages get mixed up in blame: one party’s statement of how he feels (I’m angry and disappointed†) and one’s evaluation of the other party (â€Å"Scum like you shouldn’t be aloud to work in this company.†). The feelings about the situation are often hidden in the â€Å"you-are-bad†message, instead of being said straight out. One-way blaming in the organization is overcome is help open up communication between two blaming departments. Members of these departments must also be reminded that they need to take responsibility for their part in what happened. In the end, there is respect to the proper authorities.            Each organization has its own characteristics depicted by the behaviors of its members or employees. They share a common behavior which is already established among them even though employees come and go over time. This common behavior is considered as an organizational culture that bonds the relationship among employees and management. Employees will only adapt to this culture and it is difficult for anyone to deviate. Hence, an organizational culture also influences the behavior of an individual. Since it is very hard to deviate from an organizational culture, adjustment in most cases takes time. Organizational culture also changes overtime. An example of this is the changes in workplace environment. Traditionally, a workplace environment is characterized by workstation, office space or building. With the advent of new technology in communication, the use of virtual office has been introduced. A virtual office allows an employee to work at home or at any place of his or her convenience. An organization culture may develop in this kind of work environment that will involve even workers located all over the globe.            The introduction of new technologies in communication, the internet in particular, provides many opportunities for many business firms. Business firms can expand its market from local to international customers. However, business firms will also face the threat of increasing competition and the uncertainty of customer preferences. The diversity of the competitors and costumers in the world market is a big challenge for creating new business strategies. Competitors are diversified in terms of product features, prices and selling schemes. On the other hand, customers differ in preferences, taste and purchasing power. In addition, the international market itself is diversified in terms of government regulations, technological facilities, culture, tradition and religion. (Leading Quietly).            The new challenges brought by the diversified international market require organizational effectiveness and efficiency to succeed in business. Organizational effectiveness and efficiency rely much on the business strategies that decision-makers formulate. Each organization is unique and has its own characteristics. This means that decision-makers such as managers and corporate heads must have business strategies fit to the needs of the organizations. Decisions should consider internal and external factors as well as short- and long-term goals that affect business goals. However, any decision made also comes with risk in which the outcome may not be satisfactory. But this may serve as a learning experience for an organization to improve its performance in the future especially in terms of the way they conduct their business (Business Ethics).            Organizational learning is part of an organization’s development process. Business strategies evolve overtime as market shifts from simple to complex customer needs. Effective learning process among decision-makers includes their relationship with the market, colleagues and the organization. They should learn as an individual to make themselves more capable and effective. They should also learn as an organization to impart with them the organization’s goals and objectives. Organizational learning varies in different form. Some organizations learn from external factors while others learn from within. External factors such as business cycles, economic condition and competitors’ behavior influence management’s decision. Likewise, internal factors such as employees’ empowerment, management change and organizational restructure affect business performance. Asking is a process of learning within an organization. It is not wrong for a manager to ask or seek suggestions from his or her subordinates. This management style can introduce teamwork within the organization. The role of a manager may shift from one who direct, commands or dictates tasks to one who coaches, coordinates or oversees business goals. However, this type of management practice requires that employees should share with the organization’s goal, mission and strategies. This only happens if communication between the organization and the employees has been well-established. Communication starts in the beginning of employment. Each employee should be aware of the organization’s mission, vision and goal. He or she knows the importance of the job that he or she will perform and how this will contribute to achieve the organization’s goal. An employee’s perception may be different from the way he or she behaves in an organization. However, better communication between the organization itself and the employees will facilitate as corrective tools to the perception of an employee that might be influenced by his or her work environment. Bell has insightful nuggets of wisdom interspersed in his book as he views corrupt leaders as being too much money-oriented. People need to be informed about standing up for one’s true beliefs. An example here is when departments do not communicate or update the status of information, because they are afraid the boss will be angry. To avoid this, employees must be able to follow up to determine whether important messages have been understood. Feedback doesn’t have to be verbal; in fact, actions often speak louder than words. The sales manager who describes desired changes in the monthly sales planning report receives feedback from the report itself when it is turned in. If it contains the proper changes, the manager knows the message was received and understood.             Managers who tell everyone to see the big picture often create a serious communication overload. Rather than trying to keep everyone involved, top-level management need to follow the â€Å"need-to-know†principle transmitting communication and updating people in other areas of the organization that need the necessary information. Sometimes it is useful to regulate the flow of information and procedures that need to be brought to the attention of the people in the other departments. As long as performance falls within the acceptable range, the regular procedures are followed. References Bell, D.(2002). Ethical Ambition: Living a Life of Meaning and Worth. Sept.- Oct. 2002 Bloomsbury of New York and London October 2002. Business Ethics. Retrieved Jan 11, 2007 at: http://www.amazon.com/gp/reader/0130797723/ref=sib_dp_pt/104-1829689-6709521#reader-page George, J., Jones, G. (2000). Understanding and Managing Organizational Behavior (3rd ed.). Upper Saddle River, NJ: Prentice Hall, Inc. Retrieved Jan 11, 2007 at: from, http://www.prenhall.com/managementzone/georgemob3/ Gibson, James, Ivancevich, John, Donnelly, James and Konopaske, Robert. (2002). Organizations Behavior, Structure Process. McGraw-Hill/Irwin. 11th edition. Leading Quietly. Retrieved Jan 11, 2007 at: http://www.amazon.com/gp/reader/1578514878/ref=sib_rdr_ex/104-1829689-6709521?%5Fencoding=UTF8p=S00Qj=0#reader-page
Pricing and the UK Supermarket Industry
Pricing and the UK Supermarket Industry In this chapter the background of the topic and the discussion about research problems of the thesis are introduced as well as the purpose and delimitations of the study. They will be described and examined in order to enhance the understanding of our intention for the research and its boundaries. 1.1 Background Pricing is an exercise ,rather an integral part of economic decision making regarding what the seller or the producer can expect to receive in exchange for the manufactured products or the intangible services. (reference) In economic sense, a lot of micro and macro factors go into bearing their consequences for price determination vis a vis the level of demand in the particular market. Pricing theory ,since its inception has researched the absolute and evolving nature of pricing decisions to be made and executed by various stake holders in the economic system.(reference) In business enterprises ,the pricing decisions are no doubt the most significant decisions which not only have consequences for marketability, ability to meet or not to meet the current levels of demand ,the level of competition ,the sustenance and survival of the entity, but also in turn determines the cash inflows, business viability and the very economic supply chains, value chains and virtually the entire economic system and its performance over periods of time as well. The financial modeling in financial analysis as well as the marketing mix, all insists on just the right pricing to capture consumers surplus and in turn generate the monetary resources for enterprise to sustain and evolve . The pricing is the sole decision which brings in money, everything else is just cost [1] . The British Super Markets A supermarket, a form of grocery store, is a self-service store offering a wide variety of food and household merchandise, organized into departments. It is larger in size and has a wider selection than a traditional grocery store and it is smaller than a hypermarket or superstore [2] . (journal/book reference rather than Wikipedia) Supermarkets have their roots in the 19th century Co-operative movement through which groups of local retailers would come together to sell affordable food under the control of consumer members (reference). The first co-operative was founded in Rochdale, Lancashire in the 1840s. Subsequently co-operatives across the North of England came together to form the Co-operative Society in order to allow the purchasing goods in bulk [3] . In the United Kingdom, first supermarket emerged under the new Premier Supermarkets brand in 1951, taking ten times as much per week as the average British general store of the time. Other chains caught on, and after Galvani lost out to Tescos Jack Cohen in 1960 to buy the 212 Irwins chain, the sector underwent a large amount of consolidation, resulting in the big four dominant UK retailers of today: Tesco, Asda (owned by Wal-Mart), Sainsburys and Morrisons [4] . (reference apart from Wikipedia) The major chains have been opening ever-larger format stores, with Asda and Tesco in particular opening hypermarkets. The major grocery retailers have diversified into non-food retail, online shopping, and other activities unrelated to shopping.The industry structure has now evolved. The on going consolidation and mergers and acquisitions as well as development of monopoly is rendering a new shape to the industry. The bigger the supermarket chain, the more ability it has to abuse its market position and put pressure on other parts of the food chain [5] . (reference apart from tescopoly) The Leading supermarkets Tesco – Tesco became the market leader in 1995 and has continued to increase its market share ever since, reaching a staggering 31.5% market share in 2006 Asda – Asdas business is more focused on hypermarkets and out-of-town stores than the other UK chains, in the model of Wal-Mart, which bought it in 1999. Sainsburys – neck and neck on market share with Asda, Sainsburys slipped since being the top retailer in the UK but is now doing well. Morrisons Morrisons became the fourth supermarket chain when it acquired the majority of Safeway stores in 2005. Marks Spencer – MS has 450 stores in the UK, and a further 150 worldwide. The Co-operative Group – The Co-op has a total market share of around 5%. Retailers today face many challenges: keeping costs low and supply chain efficiencies high; protecting their brand and reputation; responding rapidly to changing consumer tastes; expanding their reach to penetrate new markets and compete from a position of strength; and greening their operations . (reference) Approaches to pricing Change has become the universal constant. There were times in British organized retail industry ,when the economic dominance over global economic systems was unchallengeable. In the post-recession period since the 2008,the economic realities have undergone transition. The same pricing decisions now needs re interpretation in wake of emerging economic complexities and financial crisis. The economic questions remain the same yet environment is different .The most basic question is regarding the quantum of allocation of manufactured product or the service or the probable creation of value for consumer. Then comes the objectives and the motives before cornering on a specific price.(reference) Profit maximization or cost-plus pricing or demand based or value-based pricing or rate of return pricing, or competitor indexing. The intentions to provide local flavor-different prices at different locations can be another strategy.(reference) The efficient market mix calls for market share development ,incorporating the information and demand based asymmetries as well as cornering the competitor. Marketing age and dependency of consumers herald yet another dimension in pricing. Oligopolistic attempts to retain market share can be visible in form of price maintenance, price collusion, or price discrimination. More than that the microeconomic factors like production costs, extent of competition , role of state and demand elasticities do creep in.T he value chain costs and methods of payments as well as associated lateral costs can also figure up. (reference) After all , a well-designed pricing strategy needs to help the organization achieve the economic objectives and financial goals. Along with this it should make the business motives achievable .In addition to this it needs to support a products positioning and be consistent with the other variables in the marketing mix . Evolution and Prevalence The capitalistic – socialistic economic divide is no longer feasible. The market structure is in itself much more complex than ever. The attempts to single out one strategy no longer seems to be practical.Thinkers and philosophers are coming up with new theoretical inputs to the change. The law of one price (hereafter LoP) , one of the most basic laws of economics and yet it is a law observed in the breach [6] . Demanding two prices for same product in one market for exactly the same goodâ€â€is so simple as to invite complication. Changes in ways to approach the problem do happen. Economists come up with new theoretical rationale behind the current problems . LoP has undergone restatement [8] .The dynamics of information availability or non-availability seems to be the under current behind price variability. The philosophy of price variation seems to have revolutionized after the Barzels innovation. Most commodity exchange agreements consist of an explicit, objectively measured contractual component enforced by the state, and an implicit, subjective component enforced by reputations. Becoming informed about the former is relatively easy, but becoming informed about the latter is not [9] . Buyers do not fully adjust for differences in the reputational component of similar commodities. This gives sellers discretion in setting prices, and we expect prices to diverge even at equilibrium. Costless information, along with competition, yields the LOP. LoP is based on greed , homogeneity of goods and speed to equilibrium [11] : A. Multiple sellers at one spot to ensure competition at each location. B. Standardized, bulk sale commodities with specialized traders, for which ready credit is available. C. Rapid attainment of equilibrium. Yet the practical observation clearly suggests that , even if all commodities were goods, the sheer volume of goods makes the collection, compilation, storage and transmission of data so costly that we will never get individual data, only indexes and aggregates. Then the trend of modern consumerism is toward more personalized products, which not only increases the number of goods to be considered but also makes price discrimination more likely. Further , all modern economies are moving away from mass produced manufactured goods and toward services. This clearly complicates the pricing tactics . it appears to be in the interest of sellers to acquire one degree of information beyond that acquired by consumersâ€â€-hence there will always be some room for the sellers to manipulate consumers and violate the LoP in the process [12] 1.2 Problem Definition The master thesis covers the topic of how same product-†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. being priced at three different retail chains(†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦) , in †¦Ã¢â‚¬ ¦..area in †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. In todays environment customers are becoming more demanding in terms of better service, including reliability and faster delivery. Pricing in itself is being viewed with competitive advantage aspect. Yet the availability and non-availability of information can bring about the LoP. There seems to be no validity for the argument that increasing information processing capacities will bring about the end to price variation across the considered retail chains in †¦..area in †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. An underlying reason for the importance of the chosen topic lies in evaluating the reasons behind the price variations across the †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦as well as providing superior pricing strategy inputs which is the main foundation for a sustainable competitive advantage. 1.3. Research Methodology In this paper, the researcher will investigate into product differentiation used by the retailers to charge different prices for same products to different customers, using the case of supermarkets†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. in †¦Ã¢â‚¬ ¦. Area across †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..city. The study will adopt triangulation method to carry out the research. Given the time and resource limitation, a convenience sampling method will be used. Observations regarding the prices of different products sold by the three leading supermarkets – Tesco, Sainsbury and Waitrose will be made and analyzed. The final result will be achieved by combining the existing qualitative theories with the observation and analyses of the data collected. 1.4 Research Objectives The paper intends to carry out an assessment of product differentiation used by different supermarkets in order to charge different prices for the same products. The basic research objectives of this study are: To understand the rationale behind pricing To understand what affects pricing in the chosen supermarkets in the designated area of study To discover different pricing strategies To critically evaluate previous academic studies on pricing theories To understand what theories retails use To understand the extent to which retailers use product differentiation to charge different prices from different customers. To understand the limitations in this study However, the main objective of the study will be to understand the pricing theories that exist in writing and the observation made about the pricing theories used by the supermarkets in reality. 1.5. Thesis Organisation Chapter 2 Literature Review 2.1 Price Variation .. . . . . Real economies are subject to a succession of exogenous shocks. The discovery of new products, new processes, new sources of raw materials, new demands, and new ways of organizing production are, as emphasized by J. Schumpeter (1911), the driving forces of economic development and growth. It is unreasonable to suppose that such Schumpeterian shocks are all foreseen and can be incorporated as part of equilibrium. 2.2 Factors affecting pricing . . . . . . 2.3 Theoretical framework Chapter 3 Research Methodology Chapter 4 Data Analysis Chapter 5 Findings Chapter 6 Conclusions Appendix
Wednesday, October 2, 2019
Our Town Mrs. Webb Is Mrs. Gib :: essays research papers
“Mrs. Gibbs is Mrs. Webb is Mrs. Gibbs'; Â Â Â Â Â In Thorton Wilder’s classic play about life in a small town, no other two characters share so much in common with one another as Mrs. Gibbs and Mrs. Webb do. Their purpose in the story, on a figurative level, is to represent the monolithic thinking of a small town. Emily Post, an American etiquette authority of the early 1900’s, said, “To do exactly as your neighbors do is the only sensible rule.'; Â Â Â Â Â Without a doubt, any intelligent reader of this play can see the obvious similarities between Mrs. Webb and Mrs. Gibbs. On a purely literal level, the two seem to run parallel to one another. For example, their morning routine is abnormally similar, they both attend choir practice, they both enjoy the town gossip, and the basic makeup of their families are the same. Â Â Â Â Â Looking deeper into the similarities of the two women on a figurative level, only demonstrates that both women can be considered one person. Not only do they act alike, but they think alike as well. Thorton Wilder’s use of two women who are virtually the same serves as an example of how the woman in Grover’s Corners act. In fact, Wilder’s use of these two women enforces the small town mentality, in which everyone should live by a set standard. Â Â Â Â Â These two women are pieces of the puzzle that is Grover’s Corners. They represent the “norm'; who is just another person who has lost his or her individuality. The two women are not meant to remain in the mind of the reader because of their performance. Oddly enough, their “claim to fame'; comes because of their lack of individuality. Therefore their sole purpose in the story is to provide the reader with a consensus of what Grover’s Corners is really about.
Tuesday, October 1, 2019
Is Our Money Safe? :: essays research papers
<a href="http://www.geocities.com/vaksam/">Sam Vaknin's Psychology, Philosophy, Economics and Foreign Affairs Web Sites Banks are institutions wherein miracles happen regularly. We rarely entrust our money to anyone but ourselves – and our banks. Despite a very chequered history of mismanagement, corruption, false promises and representations, delusions and behavioural inconsistency – banks still succeed to motivate us to give them our money. Partly it is the feeling that there is safety in numbers. The fashionable term today is â€Å"moral hazard†. The implicit guarantees of the state and of other financial institutions moves us to take risks which we would, otherwise, have avoided. Partly it is the sophistication of the banks in marketing and promoting themselves and their products. Glossy brochures, professional computer and video presentations and vast, shrine-like, real estate complexes all serve to enhance the image of the banks as the temples of the new religion of money. But what is behind all this ? How can we judge the soundness of our banks ? In other words, how can we tell if our money is safely tucked away in a safe haven ? The reflex is to go to the bank’s balance sheets. Banks and balance sheets have been both invented in their modern form in the 15th century. A balance sheet, coupled with other financial statements is supposed to provide us with a true and full picture of the health of the bank, its past and its long-term prospects. The surprising thing is that – despite common opinion – it does. The less surprising element is that it is rather useless unless you know how to read it. Financial Statements (Income – aka Profit and Loss - Statement, Cash Flow Statement and Balance Sheet) come in many forms. Sometimes they conform to Western accounting standards (the Generally Accepted Accounting Principles, GAAP, or the less rigorous and more fuzzily worded International Accounting Standards, IAS). Otherwise, they conform to local accounting standards, which often leave a lot to be desired. Still, you should look for banks, which make their updated financial reports available to you. The best choice would be a bank that is audited by one of the Big Six Western accounting firms and makes its audit reports publicly available. Such audited financial statements should consolidate the financial results of the bank with the financial results of its subsidiaries or associated companies. A lot often hides in those corners of corporate ownership. Is Our Money Safe? :: essays research papers <a href="http://www.geocities.com/vaksam/">Sam Vaknin's Psychology, Philosophy, Economics and Foreign Affairs Web Sites Banks are institutions wherein miracles happen regularly. We rarely entrust our money to anyone but ourselves – and our banks. Despite a very chequered history of mismanagement, corruption, false promises and representations, delusions and behavioural inconsistency – banks still succeed to motivate us to give them our money. Partly it is the feeling that there is safety in numbers. The fashionable term today is â€Å"moral hazard†. The implicit guarantees of the state and of other financial institutions moves us to take risks which we would, otherwise, have avoided. Partly it is the sophistication of the banks in marketing and promoting themselves and their products. Glossy brochures, professional computer and video presentations and vast, shrine-like, real estate complexes all serve to enhance the image of the banks as the temples of the new religion of money. But what is behind all this ? How can we judge the soundness of our banks ? In other words, how can we tell if our money is safely tucked away in a safe haven ? The reflex is to go to the bank’s balance sheets. Banks and balance sheets have been both invented in their modern form in the 15th century. A balance sheet, coupled with other financial statements is supposed to provide us with a true and full picture of the health of the bank, its past and its long-term prospects. The surprising thing is that – despite common opinion – it does. The less surprising element is that it is rather useless unless you know how to read it. Financial Statements (Income – aka Profit and Loss - Statement, Cash Flow Statement and Balance Sheet) come in many forms. Sometimes they conform to Western accounting standards (the Generally Accepted Accounting Principles, GAAP, or the less rigorous and more fuzzily worded International Accounting Standards, IAS). Otherwise, they conform to local accounting standards, which often leave a lot to be desired. Still, you should look for banks, which make their updated financial reports available to you. The best choice would be a bank that is audited by one of the Big Six Western accounting firms and makes its audit reports publicly available. Such audited financial statements should consolidate the financial results of the bank with the financial results of its subsidiaries or associated companies. A lot often hides in those corners of corporate ownership.
Gender Equity Issues In Secondary Physical Education Education Essay
Gender equity issues in secondary physical instructionPhysical instruction categories should be conducted jointly irrespective of gender. The origin of Title 9 manner back in 1972 required that secondary school physical instruction plans operate under the co-ed system. What does this intend? This in kernel meant that misss and male childs were required to larn together under the same environment. As such, it was irrespective of the childaa‚Â ¬a„?s physical abilities. Critics of the Title 9 commissariats aggressively conflict with their advocates reasoning that kids with physical disablements should be given particular intervention and made to larn and take part in different environments. The chief ground behind this being ; these kids are frequently slow in larning than their equals who are normal. This paper will therefore explore the mixed-gender physical instruction in secondary schools and suggest better ways of get the better ofing the challenges posed by this sort of plans. The paper will further research jobs that gender equality brings into the secondary school larning environment among the particular needs kids. Harmonizing to Penney ( 2002 ) , Title 9 prohibits sex favoritism in all instruction plans every bit good as activities. The proviso prohibits gender inequality among secondary school having federal financess. Therefore, male childs and misss are meant to larn under the same acquisition environment regardless of their particular demands. This proviso has so been overtaken by clip and should be revised. The demands under Title 9 have conflicted with the beliefs and patterns of people. For case, in Islam, male childs and misss are non allowed to sit together allow entirely be subdued under the same acquisition environment. The cultural and spiritual struggle that this proviso has brought will be hard to allow travel ( Kirk, MacDonald & A ; O'Sullivan, 2006 ) . Adaptations will necessitate to be given particular consideration in physical instruction. This is because, kids in secondary schools with particular demands learn and take part at different rates compared to those without. These kids can non be lumped together with the normal pupils. Particular needs pupils in secondary schools will therefore necessitate a instance by instance attack to guarantee that they win in their academic enterprises. Harmonizing to Woods ( 2007 ) , physical pedagogues face many jobs. One of the most marked jobs is overcrowded larning environments every bit good as deficiency of adequate installations. This is likely to impact the gait of larning for the pupils with particular demands. Physical pedagogues insinuate that particular needs pupils require a separate well equipped larning environment to enable them hold entree to most of the installations that their status calls for. Therefore, seting male childs and misss with particular demands to larn and take part with pupils who do non hold any particular demands is so endangering their really future as they will be slow to larn and therefore reduce their opportunities of success. In add-on, physical pedagogues face a challenge on how to learn the pupils with particular demands among those without. Their attack is usually to learn both pupils under the same acquisition environment, so individual out those with particular demands and learn them individually, an activity that is usually painstaking. In the recent yesteryear, there has been a ruddy qui vive in relation to the mode in which male childs and misss with particular demands are assorted and taught with the other kids who are considered to be normal ( Kirk, MacDonald & A ; O'Sullivan, 2006 ) . Critics suggest that this may compromise the rights of the particular demands kids in physical instruction aspects. The consequence of this has been a time-crunched instruction agenda for the physical pedagogues. When the Title 9 came into consequence, it was meant to restrict or cut down favoritism of kids with particular demands every bit good as eliminate gender biasness. However, with the challenges faced by the physical pedagogues, it is apparent that misss and male childs have different physical instruction demands. This is more so if they are particular needs kids. Physical pedagogues should therefore seek ways of turn toing these demands individually other than chunking them together. Does the direction given to the male childs differ from that given to the misss? The reply to this under the current physical instruction plan is decidedly, no. nevertheless, there are many challenges faced by the physical pedagogues including varied responses among misss and those with particular demands. Gender dealingss in the secondary school environment frequently dictates the sort of instruction patterns that the physical pedagogues are likely to use. Presently, the biggest job lies in the instruction patterns that are used among these kids every bit good as the equity in gender. Harmonizing to Schwab and Gelfman ( 2005 ) , there are serious equity jobs among assorted gender categories. There are many activities that both genders perform otherwise. This makes the demand for male childs and misss to be taught under different environments, lest the gait of presenting learning content for the physical pedagogues is greatly affected. Students with particular demands required particular attending. Title 9 does non nevertheless supply for this since it generalizes that secondary school pupil should all larn and take part under the same given environment ( Klein, 2007 ) . The consequence of this is that the pupils with particular instruction will non be able to execute better or larn efficaciously due to miss of the needed installations every bit good as the contributing acquisition environment. The deductions of Title 9 are legion. First, physical pedagogues are exposed to the likeliness of physical hurt to the pupils. Subsequently, this may take to judicial proceeding as the pupils will seek a legal suit against the instructors. The physical pedagogues will hence be held apt for any negligent hurt suffered by the pupils. Furthermore, pupils are likely to larn actively if assorted. This is a positive property to the commissariats of Title 9. Physical pedagogues are frequently at undertaking seeking to guarantee just bringing of the learning stuff for physical instruction among the pupils. Possibly the other deduction of Title 9 commissariats is that pupils will be able to larn under similar learning conditions therefore increasing their opportunities of interaction and perchance assisting each other ( Hayes & A ; Stidder, 2003 ) . This will hike their learning chances every bit far as physical instruction is concerned. Therefore, the commissariats of Title 9 aid advance gender equity while at the same clip disfavoring the particular needs pupils in secondary schools. It frequently puts much force per unit area to the physical pedagogues to present their instruction course of study with much equity excessively. The consequence of this is that the physical pedagogues are likely to wound the secondary school pupils and therefore set themselves at the hazard of judicial proceeding originating out of their alleged carelessness.
Subscribe to:
Posts (Atom)