A building that inspires me Essay Example | Topics and Well Written Essays - 1000 words

A building that inspires me - Essay Example Earlier this year, I was asked to help in the restoration works of this building by a colleague. There are several reasons why this building has inspired me. Despite being built in 1690, Buckie House is still standing today. When Buckie House was built, most buildings in Europe were built with stone and clay mortar - materials which can easily cave in to neglect and climate changes over time. A lot of tourists visit Anstruther and as these pass by Buckie House cracks on the wall and damage to the shells have been the result of 80-90 years of heavy road traffic. Aside from these â€Å"wear-and-tear† consequences, Buckie House has also survived changes brought about by modernization. Some buildings in the Anstruther area have been demolished, abandoned or used for purposes other than the initial reasons for putting them up. For example, according to an appraisal report by Arc-Architects, â€Å"a magnificent medieval church in Anstruther Western was reduced in the 19th century, changed into a church hall in 1963 and is now marked for foreclosure.† Through the years, the city council has made decisions regarding infrastructure in this part of Scotland to satisfy the need for more efficient land & property allocation. Another battle Buckie House has won is aesthetic in nature. The house features various styles. Some shells are formalised in a pattern to mimic ashlar (large rectangular stones) whilst other areas have completely artistic patterns and form abstract designs, even a huge butterfly. Although it had been the trend in the 1900’s to decorate one’s house with shells, there is only a small handful remaining today. Changing fashion has seen the shells removed from many similar houses. For Buckie House, there has been much effort to maintain it and keep it as a landmark for this city in Scotland. Previous restoration works had been done on the house prior to the job I was asked to help out with. The public has been

Why Did America Become Involved in WWI Essay Example for Free

Why Did America Become Involved in WWI Essay Why did America become involved in WWI? How did President Wilson justify his decision to enter the war in 1917? Was the war in the national interest? At the start of 1917, the United States and its president was not interested in fighting in the war. President Woodrow Wilson wanted to remain neutral. Even though 2 years earlier in 1915, a Germen u-boat destroyed the R. M. S Lusitania, in which 128 Americans were lost. The United States was interested in selling weapons and help with funding the allies in the war. There were several factors that propelled the United States into the war. One of the factors that contributed in the President’s design in entering the war was a message intercepted by the United States government from German Foreign Minister Arthur Zimmerman to the Mexican government. This proposed a German-Mexican alliance, if Mexico declared war on the United States. If this happened, it would return Texas and other territories to Mexico. On April 6, 1917, the U. S. joined its alliesBritain, France, and Russia to fight in World War I. World War I was also know as the great war or the war to end all war’s. This Great War cost the United States $33 billion dollars, and 116,708 were killed, along with 204,002 were wounded from the United States. The Great War cost over 37 million lives from both sides. As Woodrow Wilson would describe this war, The Americans who went to Europe to die are a unique breed. (They) crossed the seas to a foreign land to fight for a cause which they did not pretend was peculiarly their own, which they knew was the cause of humanity and mankind. These Americans gave the greatest of all gifts, the gift of life and the gift of spirit.

The Punishment of Homosexuality in Germany Essay -- Homosexuality Nazi

The Punishment of Homosexuality in Germany As the Nazis rose to power, they constructed strict laws regarding male homosexuality for many reasons. The Nazis were primarily concerned with preserving and reproducing people of pure German blood. Consequently, in order to catalyze the purification of the German population, the Nazis sterilized those who were not fit to reproduce and forced those who were fit to procreate. The Nazis wanted all able men and women to produce and bear offspring, however homosexual males would not take part in the male role of reproduction because of their sexual orientation. As a result, many of Germany’s two million male homosexuals were imprisoned and/or incinerated for their homosexual acts and desires. In order to further cultivate the population of Aryans, the Nazis tried to construct a heterosexual society by creating or revising new laws and documents that aimed to discriminate male homosexuals. This goal of discrimination was an attempt to decline the rate of male homosexuality i n order to persuade able men in becoming heterosexual and produce children to support the Volksgemeinschaft. Although female homosexuals existed in Germany, they were not targeted and discriminated against like male homosexuals. Male homosexuality posed a greater threat to the Nazis because it was considered to be a waste of procreation for men to be gay. It also posed a greater threat because it went against â€Å"man’s nature-given position† to woman. Male homosexuality was also far more hazardous because it posed a moral threat to the German â€Å"Volk† and its morals. In the report â€Å"Attacks on Morality† presented in the Humanities Core Course Reader (270-273), Prof. Dr Wenzeslaus Graf von Gleispac... ...e fit to produce into reproduction. The Nazis goal of producing a pure bred German blood race contained problems not only with the Jews, but also with the homosexuals within the nation. The homosexuals were going against everything the Nazis wanted. Because they were homosexual, they were not able to procreate due to their sexual orientation. Along with their lack of procreating, they attacked the morals of the â€Å"Volk† and degraded the nation’s image. They didn’t want to produce offspring to preserve the nation and was only concerned about their own pleasure. They also made Germans appear frail and sickening. Because of this, the Nazis had to find a way to keep homosexuals from their nation. And in order to do so, the Nazis created and revised strict laws to rid the nation of male homosexual activity to fulfill the ideals of the Volksgemeinschaft.

Mental Pressure

Mental Pressure? It is because of something that was said or done has overwhelmed your mindset and it becomes difficult to think. A number of students has been encountered feeling and complaining about this said â€Å"Mental Pressure† nowadays. It happens because your brain is receptive of everything, meaning it will take information and process it how it sees it. This topic does not aim only for the Mental Pressure that students experience now but also what makes them feel stressed a lot ore than the usual and how they cope from it.Thus, Stress or Mental Pressure is not always a bad thing, having to experience cramming, staying up late at night doing home works or projects or even doing your task at the last minute when the paper or any sort is being collected by the teacher or the person in charge makes you think of how you, yourself is making your own life more complicated, it will make you do what is right the next time around. But that doesn't mean that it has an advantag e that it is to supposed to be fixed, It may have an advantage but it has more disadvantage than anyone would thought.This may also cause some serious response to the human body that is why this topic's aim is to know how students deal with this sort of stress and have to research more about it to improve for future references and to help make students feel more comfortable with their studying routine and not feel stress than the way they experience it before. Statement of the Problem This research aims to scrutinize the various ways or plans of selected fourth ear high school students regarding on how they cope with stress and mental pressure.The present study, within the context of the school, will be concerned with the following research questions: 1 . When do you often encounter Stress with school works? 2. How do you manage to finish a task with all the stress and pressure you have packed in with you? 3. How does Mental Stress affect you with your educational purposes? 4. What is your most recommended way of coping or having to deal with stress or mental pressure? 5. Significance of the StudyThis study is beneficial, first, to the students, that they may be able to convey their reactions and feedback of the K-12 program through the survey. This study may also be beneficial to the school and the members the faculty that they may look at the K-12 program through the eyes of the students and find out Just how they could help students learn and understand their respective subjects better, and how they can help this students' learning experience become an enjoyable one, while still maintaining the objective to produce world- lass and globally competitive persons of whole person learning.This study may also be beneficial to the parents of each student, that they may understand why exactly they are paying for two more extra years of secondary education and how this can affect the betterment of their child/children's future. Scope and Delimitation The study will only focus on the perceptions of selected senior high school students of Notre Dame of Greater Manila SYS 2014-2015 regarding the adapted K-12 program.The study will not be including research regarding other factors hat are affected by the program such as the perceptions of the freshmen and sophomores regarding the program, the preparations made by the school staff for the students who are affected, and the likes. Definition of Terms The following terms were mentioned in this study: Adaptation – the process of changing to fit some purpose or situation. Autonomous – existing or acting separately from other things or people. Pedagogical – relating to teachers and academics and education. Perception – point of view; the way one thinks about or understand something.

Examples Of Acute Injuries Health And Social Care Essay

To be fit and healthy it is of import that you exercise, nevertheless, exert excessively much and you could wound yourself. This can be caused by ; An accident while developing Insufficient equipment Pushing yourself excessively difficult Not warming up decently Sports hurts can be classed into two classs ; Acute hurt Overuse hurt An acute hurt is on in which there is rapid oncoming of hurting is ensuing from an incident that has been traumatic for illustration, an hurt. It is usually impact on a specific portion of the organic structure. Examples of acute hurts are ; Sprains are hurts to ligaments by stretching them excessively far or by being torn. Ligaments are hempen tissue which holds castanetss together every bit good as to maintain your organic structure in place forestalling any unwanted motions. Examples of ligaments are ; the calcaneoifbular ligament in the mortise joint which is the damaged ligament in the image on the right. A sprain is an hurt to a musculus or to a sinew. Muscles move your skeleton and this in bend pulls on a sinew which is connected to a bone. Both can be stretched but if they are stretched to far it can do a tear in it. A bruise or contusion in common footings, is one of the most common athleticss hurts. These occur when a blood vas underneath the tegument ruptures due to compressive force to a musculus. Blood so leaks into the dermis bed of the tegument, doing stain. This can besides happen to variety meats. Dislocation is the separation of two castanetss at their meeting articulation due to sudden force to the joint ; this is clearly shown by the image on the left. Therefore, the bone is no longer in its normal place. Dislocation can do harm to the tissues environing the bone every bit good as any ligaments attached to the bone. Damage can besides be done to the blood vass and nervousnesss. A break is a status where the bone has broken or when there is a cleft nowadays in the bone. These occur due to high force or emphasis on the bone. Fractures can happen in any bone in the human organic structure, nevertheless, castanetss can usually defy most impacts and it is merely if the force is excessively much it fractures. There are several different categories which breaks can be classed into ; all are identified on the right. Closed/Simple break is when the bone is merely damaged and there has been no harm done to the tissue or tegument environing the bone. Compound/Open break is when the tegument or tissue environing the break has been damaged. There is a higher hazard of infection with this type due to the harm to the tegument. Overuse hurts are those that are caused by repeating actions which damage sinews, ligaments, musculuss and tissues in the same topographic point over a period of clip. Common overexploitation hurts are ; Tennis cubitus is due to hurt of both the musculus and sinew on the exterior of the radius and ulna, or more specifically the sidelong epicondyle. It is caused my overexploitation of the forearm musculuss ensuing in hurting. It is most common in tennis participants ; nevertheless, you do non necessitate to be a tennis drama to acquire this. Golfer ‘s cubitus is a similar status to tennis cubitus, merely this status affects the musculus and sinews on the interior of the arm. Iliotibial set syndrome ( ITBS ) is caused by insistent injury to the Iliotibial set which is present in legs and runs along the exterior of the thigh which keeps the articulatio genus in topographic point as it flexes and extends. ITBS is the overexploitation of this set ensuing in hurting specifically during running and redness of the iliotibial set. A Shin splint occur when there is a repeating and a big sum of exercising being done. This puts big sums of force per unit area onto the leg which can do hurt to the bone and tissue that surrounds it. Shin splints can besides be where little cryings develop in the interosseous membrane in the leg or bantam breaks develop on the surface of the shinbone. Sports hurts are really common. One of which is a broken leg, this happened to American football broad receiving system Tyrone Prothro who played for the University of Alabama between 2003 and 2005. On 1st October 2005, during a game versus the Florida Gators, Prothro went for a touchdown base on balls and got hit in the air and the manner he landed on the land he fractured both the shinbone and calf bone. Since the leg is deformed, this would be classed as a terrible shinbone and fibula break ensuing in the inability to stand and walk every bit good as failing in both the leg and pes. Damage was more than probably done to the environing tissue, nervousnesss and blood vass.First assistanceFirst assistance is really of import when it comes to an injured individual. There are a figure of regulations in which you can follow ; DR ABC is a mnemotechnic which is used shortly after person got injured ;Danger –Check the country and do certain you and the people around you are safe, particularly the injured individual.Response –Can the injured individual hear you? Can they open and shut their eyes? Any motions? Response to touch?Airway –Is there a obstruction in the pharynx or have they swallowed their lingua? Is the caput in a suited place to let external respiration? Care should be taken non to do anything worse but the air passage must be cleared if it is blocked.Breathing –Can the injured individual breathe clearly?Circulation –Is there a pulsation? Is the pulse weak / strong / racing R.I.C.E is another mnemonic that is used for tissue hurts ;Rest –This is of import for mending the organic structure as without it more strain would be placed on the injured country taking to more hurt.Ice –Ice is perfect for cut downing redness and any hurting caused. It is recommended that you ice for 20 proceedingss and so no ice for 20 proceedingss. This can cut down the opportunity of acquiring frostbite, every bit good as wrapping the ice in a towel before puting it on the injured country. If you use the ice for excessively long, this can protract the repairing clip as it will curtail the blood flow to the country, which can cut down the foods acquiring the tissues of the injured country.Compression –Compaction is used to cut down the puffiness that is from redness but everyone does acquire some puffiness. For this an elastic patch is better as it does non curtail the blood flow every bit is non to be excessively tight.ElevationA ­ –Elevation is go od at cut downing swelling by the higher sum of blood which returns to the systemic circulation. This interruption is easy to name by the usage of modern imaging techniques ; X raies CT scan Magnetic resonance imagings scan Bone scan Extremity ultrasound However, in Tyrone Prothro fortunes, he was given an X-ray as this was the fastest technique to utilize and is the least expensive. X raies are high photon energy electromagnetic radiation which can be used in both diagnosing and therapy. As the beams pass thought the organic structure, the photons present in your organic structure are absorbed at different rates ; this is what produces the image. The stuffs in your organic structure which are heavy, like bone, show up as white countries on the image. The parts of your organic structure which are made of softer stuff, like musculuss and variety meats, show up as darker countries. X raies can be unsafe if the does given is excessively much for the organic structure, nevertheless, medical X raies are usually are a really little dose degree, intending the opportunity of radiation harm to your organic structure is little. Due to the manner in which Tyrone Prothro fractured his shinbone and calf bone, surgery had to be the option due to being the quickest option as without it, it would take old ages to mend or might ne'er mend and will invariably be in hurting. He had to acquire three separate surgeries due to the harm done to the tissue, nervus and blood vas harm. The physicians put an intramedullary rod in his leg which will aline the leg and aid to repair the break. The IM rod was inserted into the inside of the castanetss, where the bone marrow is present. This is the best manner to assist mend the broken shinbone and calf bone as it does non back up the bone ; alternatively it portions the burden with the bone. Rehabilitation of the broken shinbone and calf bone would be used to reconstruct the map of the limb, every bit best as possible and to cut down the uncomfortableness the patient is in. The patient may necessitate the usage of crutches, depending on the weight bearing place. The physician may besides make up one's mind if Tyrone would necessitate the usage of an orthopedic dramatis personae, which means the leg would be covered by plaster to make a shell type shell. This is to cut down the motion the injured limb to make which will diminish the healing clip. Once the dramatis personae has been removed, the patient will hold to see a physical therapist to recover strength and scope of gesture in the leg. However, it will ne'er be the same as what he had before the hurt. Both the shinbone and calf bone may get down to mend within 6 to 16 hebdomads of the hurt, but the capableness of the bone to prolong a heavy burden could take up to a twelvemonth, intending the injured may be is some kind of uncomfortableness until so.REHABILITATION VISITSNon-surgicalSpecialist Fracture, Tibia or Fibula Physical Therapist Up to 20 visits within 8 hebdomadsSurgicalSpecialist Fracture, Tibia or Fibula Physical Therapist Up to 16 visits within 8 hebdomads hypertext transfer protocol: //www.mdguidelines.com/fracture-tibia-or-fibula/rehabilitation The tabular array is how frequently you would hold to see a physical therapist if you had a broken shinbone and calf bone. Or Tyrone Prothro, surgery was the option, intending one time he was released from infirmary and ready, he would hold to see the physical therapist 16 times within the infinite of 8 hebdomads, means 2 times a hebdomad. Due to the harm that was done and his leg ne'er to the full retrieving, intending he was advised ne'er to play football once more, his calling finished. Prevention of athleticss hurts There are six stairss that are extremely of import to cut down the hazard of athleticss hurts ; Warm up Do non over do it Stay hydrated Using the right technique Use of the proper equipment Cool downSports businessThe athleticss profession that I have chosen to analyze in this unit is physiotherapy. Physiotherapy helps to reconstruct the map and motion in any portion of the organic structure where the homo has been consequence by a disablement, unwellness or hurt. This is usually done through motion, exercising and instruction. The American Board of Physical Therapy Specialties ( ABPTS ) , province that there are 8 believable types of physical therapy ; Sports – This has to be the most common type of physical therapy, being used every twenty-four hours. It is the direction of hurts for all types of jocks, amateur to Olympian. It involves the intervention and healing of hurts. Orthopedic – This type helps to place and care for hurts or upsets of the musculoskeletal system. Pediatric – This type is all about bettering coordination and balance within a human every bit good as their motor accomplishments. It can besides be used to concentrate on strength and endurance. Worlds with conditions such as, spina bifida and intellectual paralysis. Normally this is used on kids and striplings. Cardiovascular and Pneumonic – This is for the intervention of worlds with cardiovascular and pneumonic upsets, every bit good as those who have had cardiac or pneumonic surgery such as, beltway surgery. This is used in worlds with the undermentioned upsets ; pneumonic fibrosis, CORD ( Chronic Obstructive Respiratory Disease ) , bosom onslaughts. Geriatric – This type of physical therapy is for the huge sum of conditions that affect worlds as they grow old and hence would merely be practiced on the aged. A few illustrations of the conditions are as follows ; Alzheimer ‘s disease, malignant neoplastic disease, arthritis and osteoporosis. Neurological – This type is practiced on those with a neurological upset such as, Alzheimer ‘s disease, intellectual paralysis, Parkinson ‘s disease and motor neurone disease Clinical electrophysiology – This type usually is used with electrophysiological rating where an EMG ( electromyography ) is used. Integumentary – This is used as a intervention for tegument and organ conditions like Burnss and lesions.University degreePhysiotherapy is degree based calling, intending you have to travel through university if you wish to go a physical therapist. University of Ulster is the lone university in Northern Ireland to offer a grade, specifically, a BSc Hons in physical therapy. ‘The university provinces that appliers must ; Keep a GCSE base on balls in English Language at Grade C or above ( or equivalent ) .A You must besides hold obtained a GCSE base on balls in Mathematicss at grade C or above ( or equivalent ) .A degreeGrades BBB to include one scientific discipline topic from Biology, Chemistry, Maths, Physics or Double Award Applied ScienceA ( with a BB in Double Award Applied Science ) .Irish Leaving CertificateB2B2B3B3B3 at higher degree – to include two topics from Maths, Physics, Biology or Chemistry. English and Maths Grade D at Higher Level or Grade C at Ordinary Level.BTEC National DiplomaSuccessful completion of a scientific discipline related BTEC National Diploma with a DDM profile.A Base on balls with overall norm of 70 – 71 % to include 70 % in each concluding twelvemonth faculty. Concluding twelvemonth faculties must include 2 from the followers: – Mathematicss ( with maths to be presented at degree 3 ) , Biology, Physics, Chemistry. Applicants must besides sit the Health Professions Admissions Test consequences in a satisfactory public presentation in the HPAT. Equally good as proving all campaigners are required to undergo a medical scrutiny and condemnable records cheque ( AccessNI ) . ‘ hypertext transfer protocol: //prospectus.ulster.ac.uk/course/ ? id=9773 BSc Hons in Physiotherapy is a three twelvemonth class consequences in peoples run intoing the demand of physical therapists in the current wellness attention system, the NHS or via private patterns. In each of the three old ages you study ;Year 1Development of professional individuality and professionalism – ‘Knowledge and Skills for Professional Practice ‘ , and ‘Communication and Psychology for the Health Sciences ‘ . An apprehension of nucleus topics: Physiology and, Structure, Function and Assessment of the Human Body. Specific accomplishments are taught with respect to cardio-respiratory, galvanism, walking rehabilitation and curative exercising. Students undertake a one hebdomad orientation and a six hebdomad clinical arrangement.Year 2Neurological rehabilitation. Spinal disfunction and rehabilitation. Musculoskeletal. Pediatricss. Oncology. Amputation rehabilitation. Students undertake two six hebdomad clinical arrangements.Year 3Cardio-respiratory and professional issues develop consciousness of the function of the physical therapist within the multidisciplinary squad and in a altering clinical environment. Students undertake an fact-finding undertaking or thesis Students undertake two six hebdomad clinical arrangements. hypertext transfer protocol: //prospectus.ulster.ac.uk/course/ ? id=9773Professional AdministrationsOnce you have completed the class, you leave with a BSc ( Bachelor of Science ) in Physiotherapy and are hence eligible for ‘registration with the Health and Care Professions Council ( HCPC ) , this was set up with the Health Service reform 2002 and rank of the Chartered Society of Physiotherapy ( CSP ) . As a physical therapy pupil at the University of Ulster, they recommend that you join CSP every bit shortly as possible with rank being a one off payment.Personal QualitiesAs a physical therapist it is of import that they are fit and healthy, to put an illustration to your clients. Good communicating and societal accomplishments are cardinal to guarantee a good relationship between the healer and the patient. Tolerance and forbearance is an of import quality, due to this being a really manus on calling.CareersBeyond obtaining the BSc in physical therapy, you can either travel into a calling or make a graduate student grade, MSc which is a Maestro of Science. The University of Ulster offers Physiotherapy at MSc degree. If one does non desire to travel on to make a graduate student grade so it is possible to travel into the universe of work, the possibilities are eternal with physical therapy due to the huge sums of athleticss played in the universe or any other types of physical thera py ( ABPTS ) are needed on a day-to-day footing.NHS V. Private CareThere are assorted occupations available on the NHS ( National Health Service ) and private practicians, both of which are extremely regarded. With the NHS based occupations, they would be working in a infirmary environment and are needed in most of the sections ; Outpatients Intensive attention Women ‘s wellness Care of the aged Stroke patients Orthopedicss Mental unwellness Learning troubles Occupational wellness Terminally ill Pediatricss This means that they will invariably be on the clocked and needed for assorted things. Physical therapists do non merely work in the infirmary environing ; they would work in assorted environments ; Industry Particular schools The private sector ( for illustration, private pattern ) Education Leisure & A ; athletics For physical therapists that are in the private sector would work in the same rules as those on the NHS, nevertheless, the private subdivision physios will hold to be paid for. There are three sets for physical therapists on the NHS, all have a different wage ; 21,176 – ?27,534 ( band 5 ) 25,472 – ?34,189 for specializer physical therapists ( band 6 ) 30,460 – ?40,157 for advanced physical therapists ( band 7 ) The physical therapists that work in the private sector will by and large hold the same wage as those on the NHS. Medical Physics – Roger Muncaster hypertext transfer protocol: //www.nhs.uk/conditions/sports-injuries/Pages/Introduction.aspx hypertext transfer protocol: //www.sportsmd.com/sportsmd_articles/id/347.aspx hypertext transfer protocol: //sportsmedicine.about.com/od/glossary/g/acute_def.htm hypertext transfer protocol: //orthopedics.about.com/cs/sprainsstrains/a/sprain.htm hypertext transfer protocol: //www.howtotreatasprainedankle.org/wp-content/uploads/2011/11/sprained-ankle-pic.jpg hypertext transfer protocol: //www.examples10.com/e/ligaments/ hypertext transfer protocol: //www.umm.edu/graphics/images/en/19618.jpg hypertext transfer protocol: //emedicine.medscape.com/article/88153-overview hypertext transfer protocol: //www.emedicinehealth.com/script/main/art.asp? articlekey=135557 & A ; ref=132720 hypertext transfer protocol: //images.emedicinehealth.com/images/healthwise/medical/hw/n5550698.jpg hypertext transfer protocol: //www.empowher.com/files/ebsco/images/si55550720.jpg hypertext transfer protocol: //www.chanorthopaedics.com.sg/wp-content/uploads/2011/09/type-of-fracture.gif hypertext transfer protocol: //www.medicalnewstoday.com/articles/173312.php hypertext transfer protocol: //www.nsmi.org.uk/articles/overuse-injuries.html hypertext transfer protocol: //img.webmd.boots.com/dtmcms/live/webmd_uk/consumer_assets/site_images/articles/health_and_medical_reference/joints_bones_and_muscles/arthritis_tennis_elbow.jpg hypertext transfer protocol: //www.webmd.boots.com/osteoarthritis/guide/tennis-elbow hypertext transfer protocol: //davidrobertsphysio.co.uk/wp-content/uploads/golferselbow.gif hypertext transfer protocol: //www.sdri.net/wp-content/uploads/2010/02/ITBS1-201Ãâ€"300.jpg hypertext transfer protocol: //www.medicinenet.com/iliotibial_band_syndrome/article.htm hypertext transfer protocol: //0.tqn.com/f/p/440/graphics/images/en/19482.jpg hypertext transfer protocol: //sportsmedicine.about.com/b/2007/08/21/shin-splints.htm hypertext transfer protocol: //www.nhs.uk/conditions/shin-splints/Pages/Introduction.aspx hypertext transfer protocol: //blog.al.com/rapsheet/2009/04/medium_t1_proth_si.jpg hypertext transfer protocol: //www.manlyweb.com/sports/injuries/prothro.htm hypertext transfer protocol: //medical.cdn.patient.co.uk/images/i77_l.jpg hypertext transfer protocol: //www.freemd.com/tibia-fracture/overview.htm hypertext transfer protocol: //image.sciencesource.com/photos/preview/7w/7w2937.jpg hypertext transfer protocol: //www.teachpe.com/multi/dr_abc.htm hypertext transfer protocol: //www.freemd.com/tibia-fracture/evaluation.htm hypertext transfer protocol: //sportsmedicine.about.com/cs/rehab/a/rice.htm hypertext transfer protocol: //www.body-dynamics.co.uk/rice.html hypertext transfer protocol: //www.nhs.uk/conditions/x-ray/pages/introduction.aspx hypertext transfer protocol: //www.tyroneprothro.com/news.htm hypertext transfer protocol: //orthoinfo.aaos.org/figures/A00525F02.jpg hypertext transfer protocol: //orthopedics.about.com/cs/brokenbones/g/imrod.htm hypertext transfer protocol: //www.mdguidelines.com/fracture-tibia-or-fibula/rehabilitation hypertext transfer protocol: //www.louisbarnett.com/leg-cast.jpg hypertext transfer protocol: //sportsmedicine.about.com/cs/injuryprevention/a/aa101801a.htm hypertext transfer protocol: //www.nhs.uk/Conditions/Sports-injuries/Pages/Prevention.aspx

IKEA Expansion Strategies

IKEA Expansion Strategies IKEA was established in 1943 by its founder, Ingvar Kampard when he was just 17 years old. During its early days, the company mainly supplied fish, Christmas magazines and a variety of farm seeds. In 1948, Kampard started to sell household furniture (Back 2). During this era, elegant furniture was expensive.Advertising We will write a custom essay sample on IKEA Expansion Strategies specifically for you for only $16.05 $11/page Learn More Therefore, young individuals usually inherited old furniture from their relatives since it was expensive to buy new ones given their minimal salaries. As a result, Kampard focused on selling high quality furniture that meets the needs, desires, and expectations of his target market at an affordable price. This strategy proved to be effective in the business operations as IKEA increased its market share in Sweden. Due to the viability of the business, the firm expanded its operations in Western Europe, America, and Asia (Bac k 2). At the present moment, IKEA is the leading furniture retailer in the world. It has over 300 outlets in 35 countries in the world. However, to achieve all this success, the company’s operations have been based on basic plans and strategies that have ensured that its operations are sustainable and profitable in the short run and in the long run. IKEA’s operations are based on its basic principle that aims at producing high quality furniture at the lowest price possible (Back 3). With this strategy, IKEA has been able to stand at a competitive edge over rival firms in almost every market that it enters into the world. In the USA for example, IKEA faced stiff competition from companies such as Wal-Mart and Costco that had low quality that were sold at low prices. On the other hand, companies such as Ethan Allen that sold high quality products at a high price (Back 3). To stand at a competitive edge, IKEA sold high quality products that meet the needs and desires of i ts target market at a low price. This strategy enabled the company to maintain its loyal and satisfied customers hence increasing its market share as well as its profitability. Success of IKEA Strategies IKEA success was also determined through its market analysis strategies. The company had a clear understanding of its target market, its purchasing power, and its tastes and preferences. Throughout its operation, IKEA has always been targeting young individuals who are between their 20s and 30s. This target group has a taste of elegance.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More However, it lacks the purchasing power to achieve this dream. Therefore, to meet the needs of this target group, IKEA has an effective pricing strategy that ensures that the final product is priced at the lowest price possible. The company sources its products from the cheapest manufactures within an d outside their target markets. In its early years, the products that were sold in the Swedish market were manufactured in Poland (Back 5). To reduce the operating costs in the US market, IKEA sourced its products from local suppliers to cut on transportation costs. This move ensures that the final product is not only sold at the lowest price possible but it is also of a superior quality, hence meeting the tastes and preferences of its target market. Modification of IKEA Strategies In the course of its operations, IKEA has modified its strategies to meet the requirements of its target market. For instance, IKEA’s location strategy has changed over time. All IKEA stores are located outside the city enhancing the shopping experience of customers. At the same time, the stores have been divided into different sections with each section containing a range of goods that can meet the specific needs of different customers. With the home assembly strategy, customers can easily carry t heir products and assemble them at the comfort of their homes. Most importantly, the stores are run by highly qualified, skilled, and dedicated individuals (Back 4). It has been the tradition of IKEA to employ young individuals who have the passion of the company rather than experienced individuals from other firms. Through extra-role performance and high quality service delivery, IKEA employees always meet the needs and desires of their customer. As a result, the customers are always satisfied with IKEA products, as well as the services they receive from the company. This has increased the global success that the company is enjoying. IKEA’s Current Strategy The operations of IKEA are based on the transnational strategy (Hill 402). To ensure that its operations are sustainable and profitable in the long run, IKEA has come up with strategies modified its store layout, store location and product line to suit the local market while entering the Chinese market (Back 3). In the pr ocess, the firm has greatly reduced its production hence selling its products at lower prices as compared to its competitors. This move was successful and by 2008, IKEA had 4 stores in China alone. Given the current market conditions, this strategy is effective since it has greatly increased the number of units sold hence increasing its global market share as well as its profitability.Advertising We will write a custom essay sample on IKEA Expansion Strategies specifically for you for only $16.05 $11/page Learn More Future Changes All businesses operate in a dynamic environment. Therefore, IKEA will have to modify its operations to keep up with market trends. For instance, the firm needs to enhance the application of internet technology to enhance its internal and external operations. IT will enable the firm to monitor its inventory and staff in an effective and effective and efficient manner. IT will also increase its profitability through online sales. Wi th the help of social media, the firm can enhance its relationship with its customers hence having a better understanding of their tastes and preferences. Through research and development, the firm can come up with better products, effective marketing and pricing mechanisms and better management systems. Back, Alison. IKEA: Furniture Retailer to the World. PDF file. Web. Hill, Charles. Global Business Today. New York: McGraw-Hill, 2011. Print.

Functions of Corrections essays

Functions of Corrections essays When we hear the word corrections the first thing that most people will think of is jail or prison; some custodial institution. Many people dont realize that the same term also applies to non-custodial alternatives such as parole or probation, programs and/or facilities specifically designed for juvenile offenders and halfway houses. It is popularly believed the function of corrections is merely to lock criminals up. While this is not entirely untrue, it is also only a very small portion of the role that corrections plays in our society. The functions of corrections are to provide control, custody and care to any person convicted of a criminal offense. Providing control for correctional clients is twofold. The first thing that needs to be addressed is the correctional employee. These employees work in any governmental jurisdiction in the country. They sport various titles such as Correction Guard, Warden, Social worker, Doctor, Lawyer, Cook, Grounds Keeper, and Secretary among others. Each of these various professions plays a vital role in keeping our many correctional institutions operational. The second component of control lies in classifying a correctional client. All clients that are in a custodial institution require that they be housed in an environment which will provide them security as well one in which their individual medical andor program needs will be met. Custodial clients are classified to either a maximum, medium, or minimum security facility. Once there, they are assigned to a unit or mod. At this point the correctional client is also assigned a Unit Manager, a Case Manager, a Correctional Counselor as well as some one from the Education, Psychology and Work departments. Correctional clients meet on a regular basis with their Unit Team to develop, review and discuss programs they should be involved in as well as to address any other concerns or needs they may have...

Lessons from the Womens Fiction Festival in Matera

Lessons from the Womens Fiction Festival in Matera United We Stand - Lessons from the Women's Fiction Festival in Matera Here’s an excerpt from  Ricardo’s guest post for the Alliance of Independent Authors â€Å"self-publishing advice† blog. You can read the full article here.Unity and connection between authors has been widely discussed over the past few weeks. This is mainly the result of the much too commented Amazon vs Hachette dispute, which is rekindling the opposition between some traditionally published authors and the indie community.This is why I was particularly looking forward to the panel on the last day of the conference called â€Å"United we stand†. Four American indie authors were present: Bella Andrà ©, Tina Folsom, Debra Holland and Shelley Adina (who is also Bella’s copy editor) along with the representatives of a new European association, the EWWA.About the Women’s Fiction FestivalBut before I get there, let’s talk a bit about the festival itself. It is organized essentially by three incredibly energetic women: Elizabeth Jennings (author and translator, and a member of the ALLi), Maria Paola Romeo and Mariateresa Cascino. It has been taking place every year for the past 11 years in the magical city of Matera (I spent most of my spare time taking pictures.The choice of the city, which might be surprising for a truly international conference, isn’t a coincidence. Matera is currently running for the â€Å"2019 cultural capital of Europe† title, and thus supports and sponsors a lot of cultural events and conferences. Moreover, it is a city laden with history. It underwent an exceptional change over the past 50 years, and is now living in a mix of traditionalism and modernism. Much like the publishing industry†¦Read the entire post on The Alliance of Independent Authors’ blog.

The Man, the Message, the Mission Article Example | Topics and Well Written Essays - 750 words

The Man, the Message, the Mission - Article Example Walker focused in his undertakings and at the age of twelve became an organist at the Providence Baptist Church. Charles concentrated on participation in numerous musical activities in the church, because of his family’s close affiliation with the church. His collaboration with the churches intensified as he matured into adulthood leading to his appointment as the revival leader and a pianist in the churches. At the positions served Dr. Charles Walker maintained high level of integrity that earned him respect and love from many people. After High school graduation in 1953, he won a scholarship to study with Alexander and Ming Tchere prin at the Chicago’s DePaul University, School of music. He graduated from the university with Bachelor’s and Master’s degrees in music with specialization in piano music. Walker studied song coordination with Paul Stassevitch, organ with Herman Pedtke and coached with Rudolph Ganz of Chicago College of Performing Arts. He became the first Black American student, to become president of Beta Pi music fraternity at the University. He succeeded in the position because of the leadership skills peers saw in him. Reverend Dr. Charles Walker extended his musical studies in Paris France at L’ecole Magda Taliaferro and performed many concerts in France, Germany, and Hungary. He also played with the New Orleans Philharmonic Orchestra, while serving as an artist-in-residence at Southern University in Barton Rouge, Louisiana. He kept displaying and performing his art in music in other concerts where he excelled. While globally performing his arts, DR. Walker finally accepted a call to the ministry and joined Colgate Divinity School to finish his studies. He later attained ordainment as a minister and served as a pastor of the Nineteenth Street Baptized Church for 40 years. As an internationally celebrated concert pianist, composer, conductor, and musicologist, Dr. Walker, had the opportunity to merge

Discuss the key challenges for social workers in working in Essay

Discuss the key challenges for social workers in working in partnership with parents and protecting children in Northern Ireland - Essay Example However, social workers have not been without challenges in their daily work. Among the challenges social workers face in Northern Ireland comes from partnering with parents in protecting children. Examples are physical violence, abuse, violent attacks, aggressive clients, criticisms and intimidation (Davey, p.34). Over the year there have been reviews and establishment of laws and policies that affect the children’s rights and duty of care. This has brought misunderstanding between the social workers duties, those of the parents and those of the state. 1. Under the Kids and Younger Individuals Act (Northern Ireland) 1950, the generalist welfare authorities were accountable for rendering of services to children and young persons in need of proper care or security (cited in Geen, p.15). 3. The Ingleby Report outlined the need for power to fight neglect, ill treatment and child offending in all manners. This led to the Kids and Younger Individuals Act 1963 in Britain and Wales and, in turn, to the Children and Younger Individuals Act (Northern Ireland) 1968. Both established prevention as an actual concept in childcare exercise (Haringey Local Safeguarding Children Board. Serious Case 2010, p.45). 4. The Report of the Panel on Regional Power and Allied Personal Social Services 1968 (the Seebohm Report) suggested that professional local authority divisions should be taken off by overall social services divisions offering society care services to families, children and other grownups in need of proper care or support. It was envisaged that a single public employee could deal with all the public problems within one family. In North Ireland in Europe generic welfare divisions had since 1948 offered an extensive set of public services for family members, children and grownups in need of proper care and protection(Cited in Ferguson, p.56). 5. The Kids

A Key Role of Culture Essay Example | Topics and Well Written Essays - 1000 words

A Key Role of Culture - Essay Example The following sections examine the importance of national culture in the business context.How People See Themselves: In some countries people are viewed as basically honest and trust worthy where as in others as suspicion and distrust. This may result from the way people see themselves. They assume others are like them; they set certain schemas about different people. For example, it took Mc Donald’s a year to realize that Hindus in India does not eat beef, this hamper their sales initially until they get shifted to lamb meatEthical Decision Making: Society continues to be apprehensive about the impact of ethics on decision making. The increased globalization of today's business suggests that more emphasis should be given to the potential impact of culture on ethical decisions. Understanding of cross-cultural ethical differences is quite important in today’s world because the ethical standards are variable in different cultures.Individualism versus Collectivism: Individ ualism refers to people regarding themselves as individual like USA, Canada, Britain etc, while collectivism refers to people regarding themselves as a part of a group like Japan, China, Israel etc. The differences between the two reflect in many ways, such as in hiring practice. In countries where individualism is important, job applicants are evaluated on the basis of personal, educational and professional achievement where as in group oriented societies applicants are evaluated on the basis of trustworthiness, loyalty.

Speeches with the Power of Pesuasion Essay Example | Topics and Well Written Essays - 3000 words

Speeches with the Power of Pesuasion - Essay Example The paper tells that in the past, we have had a number of great speeches that have persuaded many people into doing something or buying something. In addition to that, other speeches assisted in negotiation plus conflict resolution. In life, without such people with great power of persuasion, the world could be elsewhere. Any negotiator in any conflict has to be a skilled person if resolution is going to be achieved. Many a times, we have heard cases of poor negotiators entering into bad agreements that cost businesses to collapse. When one is faced with someone who is doing something that one does not like, persuasion can be a very important tool in such scenario. In as much as power is considered to be or coercion, persuasion can also be vital too as evidence from the statement ‘power of persuasion.’Social-interest theorists liken persuasion as a form of exerting social influence on someone or about something. It is usually influence that investigates the reason why hu mans change. Inducing any form of change in an individual’s attitude is what is commonly referred to as persuasion, but inducing a change of belief is what is referred as propaganda or education depending on how one looks at it. Rhodes in his book uses the term ‘influence’ in a manner similar to how one he uses the word ‘power’ in an attempt to bring change. From Rhodes perspective, it is vital in identifying what is supposed to be change by the power of persuasion.... Many a times, we have heard cases of poor negotiators entering into bad agreements that cost businesses to collapse (Levine 7). When one is faced with someone who is doing something that one does not like, persuasion can be a very important tool in such scenario (Levine 10). In as much as power is considered to be or coercion, persuasion can also be vital too as evidence from the statement ‘power of persuasion.’ Â   Social-interest theorists liken persuasion as a form of exerting social influence on someone or about something. It is usually influence that investigates the reason why humans change. Inducing any form of change in an individual’s attitude is what is commonly referred to as persuasion, but inducing a change of belief is what is referred as propaganda or education depending on how one looks at it. Rhodes in his book uses the term ‘influence’ in a manner similar to how one he uses the word ‘power’ in an attempt to bring change . From Rhodes perspective, it is vital in identifying what is supposed to be change by the power of persuasion (Levine 15). Scholars in socio-influence sometimes include the term persuasion in the concept inducements that tends to better fit in my definition of coercive power or exchange power, rather than persuasive power. Sometimes efforts aimed towards behavioral change can be left out. In other cases, the writer seems to be concerned with efforts that change attitude and not on efforts that change behaviors. There are very many useful researches on persuasion that can be located in social-influence literature, but here, my use of persuasion may be quite different (Levine 16). In this paper, I use the word persuasion to refer to a

Does teaching yoga to older adults improve their overall health Research Paper

Does teaching yoga to older adults improve their overall health - Research Paper Example 2. Conducting a survey or an actual experiment to ascertain the effect of yoga on the overall health of adults would limit the researcher’s conclusions to the population in a particular area where he or she had conducted the experiment or survey. If the researcher wishes to make a representative conclusion for the older adult population across different states, he or she can do so with a systematic review. 3. (Related to number 2) Budgetary, logistics and time constraints to making a nationwide or interstate study will be eliminated because the data is already collected for the researcher. The researcher won’t have to travel that long and won’t need to shell out money for the expenses of printing our hundreds of survey forms. This is ideal for college students especially those that still have subjects because they won’t have to take time off of their classes to accomplish the research. The constraint lies on the organization and the selection of articles i ncluded in the review because this entails hours and hours of arduous library and computer research wherein most of the articles the researcher will read will not make it to the final list of articles that will be included in the systematic review. Sampling: Choosing the articles will require the library data base of the university as well as its access to different printed and online journals. Articles included in the study should be products of first hand, qualitative or quantitative research which are peer reviewed and came from reputable journals. No review articles will be included. Only articles published within the span of 3 years including the present year will be incorporated so as to keep the information pool up-to-date. The ages of the participants in the articles should be not less than 45 years, so as to comply with the â€Å"older adult† category in the research question. Articles should be focused on the effects of yoga on different facets of health (emotional, mental, environmental, social, spiritual, and physical) – these effects must include both positive and negative reaction to yoga. Among the articles that have passed these criteria, a final list of 30 articles will be included in the actual systematic review paper. This will require the researcher to be patient, diligent and exhaustive in doing the selection and making the final cut of articles included in the final paper. Key Variables: Two types of data are expected to be gathered and examined for this review – qualitative and quantitative data. Qualitative data like satisfaction in the effect of Yoga, perceived improvement in the quality of life, and testimonies of yoga practitioners will be collated and summarized then presented as text in the final paper. The qualitative data can also be nominalized and presented in a graph with the frequency of people that was a significant improvement in their wellbeing with yoga. Quantitative data will also be summarized and a ppropriate graphs will be presented for each health facet. The if data gathered did not use the p-test to statistically validate their hypothesis then a re-analysis of the data and normalization of the data set will be done as to make it analyzable by test statistics that can be

Analyze the reasons for the growth in UK low-cost airlines in recent Essay

Analyze the reasons for the growth in UK low-cost airlines in recent years and then discuss the implications for the tourism as a whole - Essay Example It is important to note that in many countries, tourism has been taken as an important sector that has caused growth and development of the economies of these countries (Fan 2006, 92). In this understanding, many of these countries have developed proper infrastructure in order to attract people to visit various sites and scenes for the growth of their tourism industry. The tourism industry has been offering various employment opportunities to people directly and indirectly. In this case, it has helped to achieve various micro and macroeconomic policies in these countries. People have exchange their cultures and learnt various things from those that come from various countries, underpinning the significance of the tourism industry. Aviation services are inseparably interrelated with the tourism; it provides the essential links to the tourism destinations and gives straight and significant impacts in the business arena as well. As the general standard of living increases and the globalization goes by, the demand for overseas trip has been increasing (Davison & Ryley 2010, 437). Consequently, the importance of functionality of aviation services in tourism is being magnified these days. Due to the nature of the aviation industry, the overall profit structure of industry is inherently vulnerable to irregularity. According to the IATA statistics, aviation industry has earned over $ 1 trillion in the last 60 years, but they have produced mere $ 32 billion as profit. In other words, an average profit margin is only 0.3 % (Smith 2009, 14). Moreover, Losses and profits fluctuate in accordance with the cyclical pattern. Under these unfavorable circumstances, the United States deregulation act has brought enormous changes in the airline industry. This has enabled aviation corporates to begin turning to the Low-Cost Carrier (LCC) market to secure profitability and competitiveness.

Does teaching yoga to older adults improve their overall health Research Paper

Does teaching yoga to older adults improve their overall health - Research Paper Example 2. Conducting a survey or an actual experiment to ascertain the effect of yoga on the overall health of adults would limit the researcher’s conclusions to the population in a particular area where he or she had conducted the experiment or survey. If the researcher wishes to make a representative conclusion for the older adult population across different states, he or she can do so with a systematic review. 3. (Related to number 2) Budgetary, logistics and time constraints to making a nationwide or interstate study will be eliminated because the data is already collected for the researcher. The researcher won’t have to travel that long and won’t need to shell out money for the expenses of printing our hundreds of survey forms. This is ideal for college students especially those that still have subjects because they won’t have to take time off of their classes to accomplish the research. The constraint lies on the organization and the selection of articles i ncluded in the review because this entails hours and hours of arduous library and computer research wherein most of the articles the researcher will read will not make it to the final list of articles that will be included in the systematic review. Sampling: Choosing the articles will require the library data base of the university as well as its access to different printed and online journals. Articles included in the study should be products of first hand, qualitative or quantitative research which are peer reviewed and came from reputable journals. No review articles will be included. Only articles published within the span of 3 years including the present year will be incorporated so as to keep the information pool up-to-date. The ages of the participants in the articles should be not less than 45 years, so as to comply with the â€Å"older adult† category in the research question. Articles should be focused on the effects of yoga on different facets of health (emotional, mental, environmental, social, spiritual, and physical) – these effects must include both positive and negative reaction to yoga. Among the articles that have passed these criteria, a final list of 30 articles will be included in the actual systematic review paper. This will require the researcher to be patient, diligent and exhaustive in doing the selection and making the final cut of articles included in the final paper. Key Variables: Two types of data are expected to be gathered and examined for this review – qualitative and quantitative data. Qualitative data like satisfaction in the effect of Yoga, perceived improvement in the quality of life, and testimonies of yoga practitioners will be collated and summarized then presented as text in the final paper. The qualitative data can also be nominalized and presented in a graph with the frequency of people that was a significant improvement in their wellbeing with yoga. Quantitative data will also be summarized and a ppropriate graphs will be presented for each health facet. The if data gathered did not use the p-test to statistically validate their hypothesis then a re-analysis of the data and normalization of the data set will be done as to make it analyzable by test statistics that can be

An in-depth understanding of the organizational and the individual Essay

An in-depth understanding of the organizational and the individual performance of a company - Essay Example From an individual level, it has also been witnessed several times that an individual worker who was a ‘good performer’ previously has turned to be a ‘bad performer’ within a short-term period. However, there can be various reasons to cause ‘poor performance’ active in both the organizational and the personal level of the workers (Jackson & Et. Al., 2008). With this point of view, the paper shall intend to identify few factors in an organization which is solely based on the marketing of various kinds of products through telesales. Certainly, the sales force of the organization plays a vital role in signifying its overall performance. According to the job responsibilities of the sales force of the company, the individuals require to call the potential customers and influence them to buy the product. Thus, the workers should possess a high level of competencies in terms of learning skills, interactive skills, change-ability, and readiness. The com petencies of the workers or the task force shall in turn influence the competency of the organization. However, the actors of competencies shall be measured according to the determined instructional objectives, i.e. to identify the causes of poor performance, assess the potential of the workforce and enhance their competencies which in turn shall positively encourage the organizational competencies.

Pmc Case Answers Essay Example for Free

Pmc Case Answers Essay 1) List the important facts in the case. SAS Pvt Ltd is a rapidly growing software firm in IT industry. Employee compensation package is one of the major factors which help SAS to maintain its employee loyalty. They facilitate activities like game, sports, yoga etc, which helps the employee to feel more relaxed in their workplace. Both mental and physical strength is necessary for deliver a better result. Activities offered by company helps the employee to balance both work life and family life together. Working hours of company is scheduled in such a way that to ensure the employee work life balance. Company following a relaxed culture which avoid stress and tension which is the major problem which is seen in majority IT companies. Enough leaves and medical facilities are providing by company without any salary cut which will help the company to make a secure feeling among employees. Job security is the major factor which all employees are looking for. Even though company is not providing stock options and higher salary, employees won’t feel any bad about it because of the loyalty they have towards the company. Layoff rate of company is maintained in a minimum level when compare to competitors and which helps them to save employee replacement-related costs and lost work time. Even though they are spending more for employee compensation they have a high rate of return from that. 2) Are progressive HR practices like those at SAS, a cause or a result of high profits? Yes. By doing progressive HR practices company can maintain a loyalty among employees which helps the organization for better performance. Work life balance helps the employee to maintain a healthy family life along with job and they feel more secure in their job. It helps the organization to reduce the rate of layoff which is the major loss for a company. Company can save employee replacement-related costs such as recruitment, interviews, moving costs for new hires and lost work time. Following are some of the major benefits: Job satisfaction: Employees would be happy with their jobs and would love to work for you if they get fair rewards in exchange of their services. Motivation: We all have different kinds of needs. Some value achievement more than money, they would associate themselves with firms. A compensation plan that hits workers’ needs is more likely to motivate them to act in the desired way. Low Absenteeism: If they enjoy the office environment and are happy with their benefits and get what they need and want. Low Turnover: Employees don’t want to work for any other company if you offer them fair rewards. Advantage to Your Employees: Peace of Mind: Offering of several types of insurances to your workers relieves them from certain fears. Your workers as a result now work with relaxed mind. Increases self-confidence: Every human being wants his/her efforts to get acknowledgment. Employees gain more and more confidence in them and in their abilities if they receive just rewards. As a result, their performance level shoots up. 3) What possible problems could the management at SAS face (from employees) due to the benefits offered? If employees are getting more benefits like employees getting in SAS there is a chance to have a tendency to give second priority to work. It is because of less strictness about the timing and more benefit without any deduction in salary. And it can lead to a mismatch in benefit and productivity. Because they have lot of benefits but there is no specific par in terms of productivity an employee should have. It may leads to mismatch. 4) If you are appointed as the HR manager at SAS, what changes would you recommend in the compensation structure? If I am appointed as an HR manager then I will modify the existing salary. Main modification should be on productivity and benefits. If an employee is working more productively then benefit given also will be high. It is better to implement some specific target to each employee to achieve and if he/she achieved the target within the specific time then rewards should be given. Rewards can be in both tangible and intangible. It will give motivation to employees to attain more and its leads to increase in productivity. I will ensure a better career growth so that employee feels more responsible and loyalty towards the firm. â€Å"Work more†¦. get more †Ã¢â‚¬â€this will be the strategy in terms of Benefits.

Tender Reports in Construction

Tender Reports in Construction Tender report is an analysis or evaluation report that was prepared by a quantity surveyor about the tenders which submitted by the tenderers. This report was prepared to give suggestions to the public sector client, i.e. the government or the private sector employer about the best contractor for the project through evaluating the submitted tender documents in various aspects and to establish a price for the ensuing contract. After taking the recommendations from tender report and advice from the consultants into consideration, the client or employer will select his or her preferable choice of contractor. The throughout process and results of the tender evaluation are keep confidential. Upon the submission of tenders from the tenderers, a Tender Board or a Tender Assessment Panel will be formed. Tender Board or Tender Assessment Panel is a group of independent officers which included the quantity surveyor, to carry out a tender receipt process for competitive tenders, revise and confirm best and final offers. The tender board meets on a set date at a specified time to open and process tender documents submitted which they then forwarded to acquisition teams for commercial, technical and financial evaluation. The Tender Board will ensure that tenders are opened and processed in an open and transparent way. In addition, the tenders will be evaluated and recommendations will be made to the the client and the Tender Board. The approval and acceptance of a tender is made within the validity period of tender, which is normally 60 days as set in the tender document. To avoid the extension of one tender, tender should be evaluated and recommendation made within 30days from the date set in the handing over of tender. In case tender has to be extended due to unavoidable circumstances, agreement from the recommended tendering party should be obtained at least two weeks before the expiry of validity date. Generally, the tender evaluation process can be divided into two stages, i.e. preliminary stage evaluation and final stage evaluation. The preliminary stage of tender evaluation or also known as Preliminary Analysis, comprises of analysis on completeness of tender, analysis on compulsory documents and analysis on minimum capital required for the project, whereas the final stage of tender evaluation comprises of analyses on technical and financial capabilities of the tenderers. Besides that, arithmetical check will also be carried out on the tenders along the tender evaluation process. Before the tenders to be taken into consideration, the precondition of tender evaluation is the tender must be submitted before the tender closing date and time set out in the Letter of Invitation to Tender, i.e. usually before 12.00pm noon of the tender closing date. If the tender was submitted later than that, it is fall under the category of late tender. Late tender will not be accepted or of submitted, not opened for further consideration due to reasons of fairness and accountability. This is normally applied to public sector projects where the standards pertaining to transparency and accountability are especially high. However, the decision whether to open and consider such a tender is purely at the discretion of Tender Board and the private sector employer. Furthermore, tender amended by the tenderer on his or her own initiative whether in writing or other forms, without consent from the project client or employer will also be rejected for consideration. After that, the Quantity Surveyor will conduct the preliminary or first stage of tender evaluation process, i.e. Preliminary Analysis. It is an assessment system based on a few precondition set to determine whether the tenderers are qualified to be considered for the next stage evaluation. Purposes of this assessment system are to ensure that the tenderers to be considered are reasonable in term of tender price, complete of required documents and have sufficient capital to commence works. Firstly, the Quantity Surveyor will analyse the tenders whether the tenderers have offered the reasonable tender price. For government projects, if the number of tenderers is less than 10 persons, the department estimate or consultants estimate will be used for the comparison of tender prices. Usually, a variation price of 15% of department estimate or consultants estimate for tender prices offered by tenderers is assumed reasonable. If the number of tenderers is 10 persons or more than that, the Public Works Department will adopt the cut-off method to shortlist the tenderers for further evaluation. A cut-off price is established as the minimum tender price which is assumed feasible and reasonable to be accepted in accordance to market price through a statistical method. This is to avoid project implementation failure due to the contractors inability to undertake or complete the works caused by awarding contract to a tenderers with too low or unrealistic tender price. Therefore, usua lly only tenderers with tender price above or equal to the cut-off price will be considered and evaluated. In addition, completion period proposed must not exceed the range of estimated completion period. Then, the Quantity Surveyor will check the aspect of Completeness of Offer or Tender submitted by the tenderers. Some elements of Completeness of Tender which taken into consideration are the Form of Tender must be signed, the signature must be the authorized person, tender price must be stated in the Form of Tender, registration with Contractor Services Center (PKK) or Construction Industry Development Board(CIDB) must be valid and have stated the proposed completion period. Only tenders that complete and free from any deficiency or mistakes which may affect the current contract practices in legal aspects, are qualified to be considered. Tenderers which failed to do so, their tenders will be mentioned as INCOMPLETE to the client and stated the reasons. The following process is to check the aspect of Sufficiency of Compulsory Documents. All tenderers are obliged to submit all compulsory documents needed which stated in the Instructions to Tenderers for the tender evaluation purpose. The compulsory documents are the company auditors report, bank accounts monthly statement, banks report on company financial status and report on current project by resident architect or resident engineer or project manager. These documents are needed to prove whether the tenderers have sufficient financial capability, i.e. possess minimum sufficient capital to start the works. Without submitted the compulsory documents, especially for company financial documents, tender evaluation cannot be carried out and that tender is not qualify to be considered and can be rejected. Besides, an analysis on minimum capital required for the project will be conducted. The analysis will be done on the companys current assets, current liability, bank account statement, fixed deposit, bonds, credit facilities from bankers or suppliers, overdraft and bank loan. Hence, the company financial documents submitted by the tenderers will form a basis or proof for this evaluation aspect. For government projects, the minimum capital analysis is made through calculation of 3% of the Builder Works value based on department estimate. Along the tender evaluation process, the Quantity Surveyor will carry out the arithmetical checks on the tender documents. It comprises of correcting arithmetical errors in extensions, casting, etc and isolating palpable errors on pricing, but the tender amount remains unaltered. This measure is to correct mistakes for the purpose of future variation. A detailed examination of Bills of Quantities including comparison of prices will also be carried out on all tenders submitted. If the tenderers have fulfilled all the requirements in the preliminary stages evaluation, then the tenderers are considered or qualified for the final stages evaluation. The final stages evaluation is carried out based on a marking or scoring system which the marking are made objectively and quantitatively for each criterion assessed. Firstly, it will analyse the tenderers first aspect of technical capability, i.e. experience. Assessment is made based on the total value of same and similar nature of tendered works completed in the past five years. This is to get know that whether the tenderer is capable or have similar nature of works experiences for the tendered project. Next, it will analyse the tenderers second aspect of technical capability, i.e. financial. It is based on the total annum value of project predicted to be provided from the tenderers various sources of finance. It is important to prove that the tenderer has the financial capability to execute the project. Marks are given according to their financial capability. After this, it followed by the third aspect of tenderers technical capability assessment, i.e. the technical workers and possession of basic plant and machinery. Assessment is made based on their technical workers, such as architects, engineers, quantity surveyors, technician, and polytechnic and technical works assistants. The tenderers need to submit the KWSP statement and photocopies of Certificates of Workers Qualification to prove that they have qualified and enough number of technical workers to execute the tendered works. The lists of plant and machinery with supporting documents are also required to submit for the evaluation. Lastly, it will analyse the tenderers current works performance. This analysis is aimed to ensure that the tenderers do not have projek sakit, i.e. projects lagged behind 30% or more from the schedule of works or works programme. In addition, it is important to ensure that the tenderers do not have problems of employments determination by other client or employers. After the both preliminary and final stages of tender evaluation have completed, the results, justification, recommendation, and tenderers necessary detail information and facts will arrange and compiled together in a systematically way to form a tender report and submit to the client or employer. In conclusion, tender report is produced to assist the client or employer in decision making process in order to select most suitable and capable contractor to complete the project within specified time and quality.

Economic Growth Essay -- Economy, Neoclassical Model

According to the New Classical Model, economic growth can be achieved by accumulating labor, capital and other factors of production. Since all these factors experience diminishing marginal returns, the economy can only achieve a steady equilibrium income through continuous increase in saving and investment but at the same time reduce population growth. However, a policy that helps to increase both savings and investment but at the same time reduce population growth especially in developing countries is difficult to be implemented. This was supported by Blomstrom and Kokko (2003) who claimed that developing countries have low-income that lead to low savings with higher population growth rates. Solow (1956, 1957) also recognized the importance of technical progress as a determinant of economic growth. Technology is an exogenous factor. Per capita income cannot be increased to a steady state or even to a high level income economy unless these technologies are converged. The modern growth theory also supported the importance of technological progress because it can convert diminishing returns to increasing returns. Technological progress can take place in the form of education, training and research & development (R&D). With this, developing countries have the potential to grow faster. Blomstrom and Kokko (2003) confirmed that the potential of converting this knowledge of technology depends on the economic level of capital. The economic level of capital in a nation is determined by two sources. One is the domestic capital and the other is the foreign capital. Domestic capital is obtained through domestic savings made by the public and private sectors. Meanwhile, the foreign capital is obtained through the inflow of foreign dire... ...ious channels that create location advantage. Thus, location advantage can be obtained through channels like financial development, human capital development and environmental condition. In contrast, Chakraborty and Nunnenkamp (2008) claimed that economic growth influenced by location advantage does not necessarily bring positive impact but also negative impact to the economy. This supported the study by Li and Liu (2004). When foreign direct investment inflow takes place it can create job opportunity, economic growth, solve indebtedness and transfer technology but at the same time it can also create negative impacts like deficit in the balance of payment, pollution, economic dependence and social problems. Kugler (2005) also claimed that foreign direct investment can also affect industry negatively as well as positively, where it is usually underestimated.

SPARTACUS Project

Please be advised that you have been selected to join the SPARTACUS Project beginning June 1, 2011. This project requires complete confidentiality due to the sensitivity of its workers. The current company has selected to outsource our company to manage their labor functions. There are 300 skilled labor workers currently employed. We would like to keep all 300 on board, have them join our company, and continue doing their current job roles. Our team will be evaluating the current process and work instructions on the floor to understand the job functions, to ensure the LEAN process and identify any opportunities for improvement. During this evaluation we will be communicating with the workers. Since they are not aware of the change in management, it is our goal to make them feel at ease with our presence, answer any questions as honestly as possible, try to eliminate any uncertainty that they may have, and establish somewhat of a relationship with them. We will have 30 days of evaluation prior to taking over the complete process. On the 25th day the company will announce the outsourcing of management of their labor and advise the workers the option to join our company with the same pay, benefits and seniority. If they do not choose to remain they will be offered a severance package based on the length of time with the company. Again our goal is to retain as many of the skilled workers as possible. This company has a very low attrition rate and workers are loyal with 5, 10, and 15 years of service. On this project you will experience different attitudes, emotions, and personalities, you are to establish a relationship with the worker and motivate them not only to stay on board but to energize them with change. This is a difficult task; however keep in mind our reading in Chapter 6 of the Organizational Behavior textbook regarding Abraham Maslow’s hierarchy of needs. These needs are: 1. Physiological: Includes hunger, thirst, shelter, sex, and other bodily needs 2. Safety: Includes security and protection from physical and emotional harm 3. Social: Includes affection, belongingness, acceptance, and friendship 4. Esteem: Includes internal esteem factors such as self-respect, autonomy, and achievement; and xternal esteem factors such as status, recognition, and attention 5. Self-actualization: The drive to become what one is capable of becoming; includes growth, achieving one’s potential, and self-fulfillment As a team we need to recognize that these skilled workers have these needs and as the new company we need to cater to them. When you are out on the floor inquire what the worker would like to see change. Many workers are waiting on an opportunity to be heard and have never received a chance to voice it until now. Also praise the loyalty, dedication, and morale that you see on the floor, let them tell you about their time here with the company and their families, what they have accomplished and achieved both personally and career wise. Take notes of what they said, acknowledge them by name, and ask them how they are doing when you see them. We have 25 days to fulfilling these needs. In those 30 days we know that we will not retain everyone. Workers may leave as it is an opportunity to change careers, a chance for early retirement, leave the job force, or for many other reasons. You have been chosen to be part of this team as your personality, motivation, and leadership play a large part in this project; to retain as many skilled workers as possible. Your personality characteristics contain or scored high positively in the Big Five factors mentioned in Chapter 4 of the Organizational Behavior textbook. The Big Five factors are: 1. Extraversion: This dimension captures one’s comfort level with relationships. Extraverts tend to be gregarious, assertive, and sociable. Introverts tend to be reserved, timid, and quiet. 2. Agreeableness: This dimension refers to an individual’s propensity to defer to others. Highly agreeable people are cooperative, warm, and trusting. People who score low on agreeableness are cold, disagreeable, and antagonistic. 3. Conscientiousness: This dimension is a measure of reliability. A highly conscientious person is responsible, organized, dependable, and persistent. Those who score low on this dimension are easily distracted, disorganized, and unreliable. 4. Emotional stability (often labeled by its converse, neuroticism): This dimension taps a person’s ability to withstand stress. People with positive emotional stability tend to be calm, self-confident, and secure. Those with high negative scores tend to be nervous, anxious, depressed, and insecure. 5. Openness to experience: The final dimension addresses one’s range of interests and fascination with novelty. Extremely open people are creative, curious, and artistically sensitive. Those at the other end of the openness category are conventional and find comfort in the familiar. Think of yourself as Spartacus leading himself and others from gladiator slavery with mere kitchen tools. History books state that Spartacus was able to influence 200 slaves to fight, only 80 of them got away in the first fight. You are utilizing the skills that you have learned to influence and motivate the skilled workers of this company to stay on board and let us manage them. You will face both acceptance and resistance. Resistance will come from workers who do not adapt to change well, and those that feel insecurity. Focus on them, take that challenge that you can influence them to accept, grow, and prosper with the change. Please feel free to discuss any questions, concerns, or ideas that you may with me at any time. My door is always open and your insight is always valuable. Remember you are an important asset in making this project a success. Reference Robbins, S. P. & Judge, T. A. (2007). Organizational behavior (12th ed.). Retrieved from https://ecampus.phoenix.edu/content/eBookLibrary2/content/eReader.aspx

Freedom VS Security Essay

Many theories and assumptions have been fabricated upon the basis of man’s desires and beliefs. H. L. Mencken wrote, â€Å"The average man does not want to be free, only to be safe. † However, this observation does not correlate with what has been witnessed over the course of contemporary society. Since the 18th century, man has sacrificed safety for a reward that is much more paramount, freedom. Patrick Henry, an orator for freedom in the middle to late 1700’s, knew that liberty was a vital necessity in every man’s life, and that one must do whatever it takes, including sacrificing their security, in order to achieve it. In his speech to the Virginia House of Burgesses, he is most memorably quoted for his concluding antithesis, â€Å"Give me liberty, or give me death! † Henry conveyed to his audience, as well as the entire nation, that freedom is a virtue worth dying for. Mencken’s allegation fails to attribute this instance, even though Patrick Henry was able to convince a whole nation that their liberty was worth dying for. In the past we have had many examples of security vs. freedom. During the civil war we had soldiers and people fighting to be free. They risked their own life everyday stepping out on the battle field just so they could have their own rights. This also happens in the American Revolution; people fight and risk their lives for freedom. Many events in history show how much people truly care about their freedom. Our Founding Fathers created this nation so we wouldn’t have to be living in a society full of regulation. Freedom vs. Security is a non-stop debate in our country. However, freedom is unalienable. Freedom is what keeps the common man happy. Freedom allows us to treat every day as a new day, knowing that we can do and accomplish anything because we are free. On the other hand, while safety is what keeps man calm and secure, it is not what our nation thrives off of. Security is a blanket, while freedom is a threshold. Therefore it is desired, while security is expected. No man cries out for safety, but the same cannot be said about freedom. Freedom gives us hope and excitement, while security gives assurance. Both are essential, yet only one is craved. Mencken’s presumption of what man wants, and what man deserves are in disarray. Freedom is everything, and not even safety can over shadow it.

Descartes Views on God Essay

From reading some of his works, one might assume that Rene Descartes does not believe in the existence of a heavenly being, a God that presides over humans and gives us faith. I do not believe this to be the case. I believe that Descartes is simply trying to destroy all of the uncertainties that have come about do to inadequate explanations of such a supreme being. For Rene Descartes and all of the other believers in the world, the existence of God provides a convenient answer to unexplained questions, while never providing answers to the questions about God himself. This is evidenced a great deal in the circular argument made by Descartes in the Meditations on First Philosophy. What follows is a brief account of the third and fifth meditations, which provide Descartes’ response to the masked question, â€Å"What is God? † Can one perceive or confirm the existence of an idea that is external to him, an idea such as God? In order to determine the answer we must start by understanding the ways in which we can conclude an objects’ existence. Descartes explains three ways in which a person might come to such a conclusion ?the first, through nature; the second, through feeling a value that is independent of the will of the object; and the third, the objective reality of an idea, or the cause and effect profile. Descartes drills us with the idea that an object will have an effect when it stems from a legitimate cause, or an initial idea that precedes with equal or superior properties in one’s intellect. In other words, the mind generates thoughts and ideas about a physical form, and develops a reality for this form, through previous schema and beliefs. â€Å"And although an idea may give rise to another idea, this regress cannot, nevertheless, be infinite; we must in the end reach a first idea, the cause of which is, as it were, the archetype in which all the reality that is found objectively in these ideas is contained formally. † The only problem with Descartes’ argument is when the existence of God arises as a notion, for there is no sustenance or idea for the notion of God to originate from. Is it possible, then, to create the idea of a finite being from an infinite existence, outside of the physical and mental, in a state all of it’s own? Descartes quickly answers that the response would be that a finite being cannot completely, if at all, comprehend the ideas that would cause God to exist, and therefore the basis for doubt is lost in an intangible proof. Additionally, the mere fact that he believes that there is a God provides yet another piece of proof towards His existence. This must be true, according to Descartes, with the provision that the idea and belief must have been placed in his consciousness by an outside factor. The final factor that convinces Descartes that there is a God is the fact of his own existence, along with the fact that he, himself, is not a God. This belief stems from the theory that if a man is independent from all other existence and ideas about forms and matter, then he has the ability to become infinite. Descartes says that if he himself were the â€Å"author of his own being† and independent of all existence, then he would attain a Godly level of existence. Ultimately, it is his own dependence on another being that proves to him that there is a God. Many people are bred into religion, or borne into a set of ideas about a particular infinite being. The interesting problem with most types of faith in this manner is that the scripture that has been deemed to come from your god is also the proof that God exists. This is the type of circular definition that Descartes is trying to avoid at all costs. Basically, it’s like using a word in it’s own definition, or ? the definition of an apple is an apple. ‘ The argument begins to get a little bit ambiguous when he begins discussing the uncertainty of his beliefs. He is, as he claims, as certain of the idea of the sun, the moon, the earth, even his own rational thought, as he is certain of God’s existence.

Nike Case Study Analysis Essay Example | Topics and Well Written Essays - 750 words

Nike Case Study Analysis - Essay Example According to Jeff Ballinger, a key Nike critic, he argued that Nike’s policy of competing on the basis of cost reduction by outsourcing manufacturing to countries where production cost were low encouraged contractors to mistreat their workers. He believed that, Nike contractors flouted labor laws by paying below subsistence wages that did not enable the workers meet daily needs. The contractors bribed their way out. Ballinger also found Nike’s attitude at the height of these labor practices galling. In 1992, August issue of Harper’s magazine, Ballinger published an annotated pay-stub, comparing workers’ wages with Michael Jordan’s endorsement contract. He noted that it would take an Indonesian worker 44,492 years to make an equivalent of Michael Jordan’s endorsement contract. Other critics, Newspapers (The Portland Oregonian), Protestors, ran critical articles and were vocal at the 1992 Barcelona Olympics where they charged Nike with exploitation of factory workers. On July 1996, Life magazine, ran a story of a Pakistan boy stitching a Nike ball a concern about child labor, this prompted calls to endorsers such as Michael Jordan to investigate the source of the products before endorsing them. Critics, such as Ballinger, goals were to draw worldwide attention to the exploitation of third world factory workers by using Nike as the ideal target. Nike responded to the allegations through several ways, through the intervention of President Clinton, Nike was the first company to join the Apparel Industry Partnership (AIP), a taskforce of leaders of apparel and footwear industries whose role was to develop acceptable labor standards for US firms in foreign countries. This committee also included members of activist, labor and religious groups. It was meant to be collaboration between the industry and its most outspoken critics. Nike also set up a labor practices department; this was meant to promoting fair

Marketing strategies of the Big Four U.K. banks Case Study

Marketing strategies of the Big Four U.K. banks - Case Study Example The analysis results are summarised in Table 2. HSBC, as the biggest bank in the group, would want to stay in the lead, even widen it by increasing its customers, so the ad campaign would reflect a strategy to accomplish such, using the tagline "The World's Local Bank" to communicate the bank's credentials and highlight its expertise to give customers what they want. Striking images that generate opposite sentiments allow its advertisements to emphasise HSBC's knowledge of customers' intimate details, sending the message that the bank knows what they want. This is based on the recognition that each person may see the same thing in different ways because each one is unique. Emphasising its knowledge of different cultures where the bank operates, HSBC shows that it retains a local touch, appealing to customers to trust the bank. Gaining the customer's trust is important because the bank is a repository of something of value to the customer's present and future: wealth. The bank has to look trustworthy, competent, but daring. HSBC's recent change to the "What's Your Point of View" campaign relies on customer-generated content to extend and reinforce its previous message in a way that is consistent with the assumption that in a world increasing in sameness, customers are tired of the same things and are looking for something new, and that being new and different creates the potential to discover new experiences that could make the customer rich in their humanity. Associating the knowledge of other cultures with personal growth, HSBC sends the message that its familiarity with the unique, the unexpected, diversity and uncertainty is a quality that helps the bank grow the customer's wealth. The bank's consistent use of "The World's Local Bank" and the single, unified, and easily recognisable global brand represented by the red and white hexagon logo reveals HSBC's core marketing strategy, which is to make the bank the preferred choice for every customer, retaining what they have and encouraging potential customers to give HSBC a try. HBOS: Always Giving You Extra Halifax Bank of Scotland (HBOS) is playing catch up with HSBC and would want to distance itself from its Scottish cousin, the Royal Bank of Scotland. As can be seen from Table 1, HBOS is not as profitable as RBS, so it would design a marketing strategy that would allow it to get closer to HSBC and make it more profitable than RBS. This means increasing its customer base and revenues, and finding a way to get more profits out of each. HBOS does this uniquely, using its staff - colleagues as the bank calls them - to sell products in print and TV ads. For years, HBOS has been running singing auditions amongst its back office and front line colleagues to choose a "Star Colleague" to appear in their ads. Behind such a marketing strategy are two messages HBOS wants to send. First, that the bank has a "human" touch, that its people are extra special and possess an X-factor (playing on the bank's logo) that makes them go to extraordinary lengths for their customers. Second, building on this human and personal connection makes it easier to cross-sell other products and services. The first brings in the customers, whilst the second brings in the profits because as Reicheld (1994) argued, increasing customer loyalty can

Importance of Good Communication Skills Essay Example | Topics and Well Written Essays - 500 words - 22

Importance of Good Communication Skills - Essay Example Huge tasks were easily achieved through team work proper cooperation amongst individuals. Lack of teamwork resulted into a series of disagreements and the struggle for superiority which slowed down progress. In addition to the two lessons I have mentioned above, I also learnt on the importance of proper leadership skills especially for the managers of the organization. Poor leadership skills, such as lack of rules and regulations in the organization can sink down an organization like it attempted to in this organization. Personally, I have added value to my organization through learning the foreign language Spanish for 60 hours in three months, hence enabling me to communicate effectively with Spanish speaking clients. Many Spanish speakers therefore feel a sense of belonging to the organization (Tovey, 1998). My professional development as a sales agent through the learning of Spanish has spiraled me to higher levels. I was, six months ago appointed to be the regional supervisor for sales agent for six states with a major on the states populated with Mexicans, with a salary that is twice what I got as a sales agent. Besides my organization and my clients gaining from my development, my family has also gained. This is because, my monthly income has improved, and I can afford a better house, and a better school for my children. To identify my learning and professional needs, I look at the needs of the clients and the organization at large. For example I identified the need to study Spanish to communicate with the increasing number of clients of Mexican Origin. In the next one year, I seek to advance my skills in the sales industry by acquiring a Masters degree in Sales and Marketing. Secondly, I would also like to develop my team functioning skills by enrolling for classes with the human resource department.

IRR v. MIRR Valuation Methods Research Paper Example | Topics and Well Written Essays - 2250 words

IRR v. MIRR Valuation Methods - Research Paper Example However, the MIRR valuation method still exhibits a number of limitations noticeable with the use of IRR technique, for instance, its inability to value investments that are mutually exclusive. Additionally, the teaching of both IRR and MIRR in learning institutions has been a cause of concern, with claims that the IRR technique has had more attention at the expense of the MIRR valuation method. This paper focuses on analyzing IRR and MIRR with regard to major issues of concern, emerging issues, factors that have been instrumental in the understanding of IRR and MIRR in class situations, and present and future applications of the two valuation methods. Keywords: IRR (Internal Rate of Return), MIRR (Modified Internal Rate of Return), NPV (Net Present Value) Table of Contents Abstract 2 Table of Contents 3 introduction 3 Main issues in IRR 4 Main issues in MIRR 6 New Learning in IRR 6 New Learning in MIRR 7 Class activities that have facilitated learning and understanding of IRR and MI RR 8 Specific current and future applications and 8 relevance in the workplace 8 Conclusion 10 References 11 introduction The pertinent question in the discussion about IRR and MIRR valuation methods lies in the differences that exist between the two investment appraisal methods. The chief difference in IRR and MIRR valuation methods is traceable to the factors that come into play when calculating the value of an investment with either of the methods. More specifically, the IRR valuation methods, which is more traditional form of the two, measures the worth of an investment with emphasis on internal factors, conspicuously overlooking the impact of interest rates and inflationary impact on the value of an investment. On the contrary, MIRR is a valuation technique that seeks to mitigate the impact of limitations brought about by IRR (Eagle, et al., 2008, p. 70). Just as the name implies, MIRR valuation method is a modification of the IRR valuation method. MIRR allows the value of the investment under query to show the impact of both future and present value of currencies at different times in the life of a project. Largely, IRR technique is an optimistic view on the value of an investment, while the MIRR is a more realistic view on the present and future value of an investment and is deemed more accurate than IRR valuation method (Kierulff, 2008, p. 328). This paper explores the variations between the IRR and MIRR valuation method at length, while taking into account the main issues surrounding the valuation techniques and the future and present applications of the methods. Main issues in IRR The major issue surrounding the IRR valuation method is the method’s inconsideration of environmental factors that have an impact on the value of an investment. The IRR approach compares the net present value of cash inflows and outflows. The point at which the negative cash flows and positive cash flows become equal is the IRR value. Another way to look at the valua tion equation is the point at which the difference between cash inflows and cash outflows equate to zero. In establishing what project to undertake in a scenario where the different projects are under comparison, the project with the highest internal rate of return gets preference over the rest of the projects. Even under this consideration, the IRR value has to exceed the cost of capital rate for the project to be economically viable (Kelleher & MacCormack, 2004, p. 1). Despite its contribution to