Tuesday, December 31, 2019

Archimedes Profile - About the Ancient Mathematician

Name: ArchimedesPlace of Birth: Syracuse, SicilyFather: PhidiasDates: c.287-c.212 B.C.Main Occupation: Mathematician/ScientistThe Manner of Death: Probably killed by a Roman soldier in the aftermath of the Roman siege of Syracuse. Famous Quote Give me a lever long enough and a place to stand, and I will move the world.- Archimedes Life of Archimedes: Archimedes, a mathematician, and scientist who determined the exact value of pi, is also known for his strategic role in the ancient war and the development of military techniques. First the Carthaginians, then the Romans besieged Syracuse, Sicily, the birthplace of Archimedes. While in the end Rome won and killed him (during the second Punic War, probably in 212 at the end of the Roman Siege of Syracuse), Archimedes put up a good, almost single-handed defense of his homeland. First, he invented an engine that threw stones at the enemy, then he used glass to set the Roman ships on fire -- well, at least according to legend. After he was killed, the regret-filled Romans had him buried with honor. Education of Archimedes: Archimedes probably traveled to Alexandria, Egypt, home of the famous library, to study mathematics with the successors of Euclid. Some of Archimedes Accomplishments: The name Archimedes is connected to a pumping device now known as a Archimedes Screw, which he may have seen in operation in Egypt.He described the principles behind the pulley,fulcrum andlever. Eureka!: The word eureka comes from the story that when Archimedes figured out a way to determine whether the king (Hiero II of Syracuse), a possible relative, had been duped, by measuring the buoyancy of the kings supposedly solid gold crown in water, he became very excited and exclaimed the Greek (Archimedes native language) for I have found it: Eureka. Here is the relevant passage from a public domain translation of the passage from Vitruvius who wrote two centuries later: ​But a report having been circulated, that some of the gold had been abstracted, and that the deficiency thus caused had been supplied with silver, Hiero was indignant at the fraud, and, unacquainted with the method by which the theft might be detected, requested Archimedes would undertake to give it his attention. Charged with this commission, he by chance went to a bath, and being in the vessel, perceived that, as his body became immersed, the water ran out of the vessel. Whence, catching at the method to be adopted for the solution of the proposition, he immediately followed it up, leapt out of the vessel in joy, and, returning home naked, cried out with a loud voice that he had found that of which he was in search, for he continued exclaiming, in Greek, ÃŽ µÃ¡ ½â€¢Ã ÃŽ ·ÃŽ ºÃŽ ± [heà ºrÄ“ka] (I have found it out). - Vitruvius The Archimedes Palimpsest: A medieval prayerbook contains at least 7 of Archimedes treatises: Equilibrium of Planes,Spiral Lines,The Measurement of the Circle,Sphere and Cylinder,On Floating Bodies,The Method of Mechanical Theorems, andStomachion. The parchment still contains the writing, but a scribe re-used the material as a palimpsest. See William Noel Revealing the Lost Codex of Archimedes video. References: URL www.archimedespalimpsest.org/palimpsest_making1.html The Archimedes Palimpsest and URL www.thewalters.org/archimedes/frame.html Archimedes Palimpsest. Ancient Sources on the Weapons of Archimedes: Polybius Histories 8.2.3.2-8.4Livy AUC 24:34Plutarch Life of Marcellus 14:7 And yet even Archimedes, who was a kinsman and friend of King Hiero, wrote to him that with any given force it was possible to move any given weight; and emboldened, as we are told, by the strength of his demonstration, he declared that, if there were another world, and he could go to it, he could move this. 8 Hiero was astonished, and begged him to put his proposition into execution, and show him some great weight moved by a slight force. Archimedes therefore fixed upon a three-masted merchantman of the royal fleet, which had been dragged ashore by the great labours of many men, and after putting on board many passengers and the customary freight, he seated himself at a distance from her, and without any great effort, but quietly setting in motion with his hand a system of compound pulleys, drew her towards him smoothly and evenly, as though she were gliding through the water. 9 Amazed at this, then, and com prehending the power of his art, the king persuaded Archimedes to prepare for him offensive and defensive engines to be used in every kind of siege warfare. These he had never used himself, because he spent the greater part of his life in freedom from war and amid the festal rites of peace; but at the present time his apparatus stood the Syracusans in good stead, and, with the apparatus, its fabricator.Silius Italicus Punica 14:300-315Lucian Hippias 2 Reference:Archimedes and the Invention of Artillery and Gunpowder, by D. L. Simms; Technology and Culture, (1987), pp. 67-79. Archimedes is on the list of Most Important People to Know in Ancient History. Read more about Archimedes in Discoveries in Science Made by Ancient Greek Scientists.

Monday, December 23, 2019

Alcoholics Generated From Family Essay - 1979 Words

Alcoholics Generated From Family Many factors affect the way an adolescent reacts to the peer pressures of substance abuse. Many of these factors can be traced back to the adolescent’s family environment and upbringing. Researchers have described children of alcoholics as victims of an alcoholic family environment characterized by disruption, deviant parental role models, inadequate parenting, and disturbed parent child relationships. (Black.1982) An adolescent’s home and family are their primary source of the concepts of what is considered acceptable for drinking. Therefore, it is hardly surprising, that children follow their parents’ example. In many other cases†¦show more content†¦The problem only gets worse without and any help, and the drinking will continues to use alcohol even after bad incidents or criminal activity, such as being arrested for drunk driving or making a fool of himself or â€Å"being sick† in public. (A.C.A.W.S.O.2003) Characteristics of Children of Alcoholics (COA’s) ================================================= Children of alcoholics have many distinguishing characteristics that set them apart from other peers their age due to the different atmosphere that they are raised in such as; guilt, anxiety, embarrassment, and inability to have close relationships, confusion, anger, and depression. (Research Institute on Addictions.1997) The child may see himself or herself as the main cause of the mothers or fathers drinking and may feel the need to constantly worry about the situation at home, taking responsibility upon themselves. The thought that the alcoholic parent will become sick or injured, is also feared, along with fights and violence between the parents. (A.C.O.W.S.O.2003) Parents may give the child the impression that there is a terrible secret at home. The ashamed child does not invite friends home and is afraid to ask anyoneShow MoreRelatedAlcoholism As A Family Disease1368 Words   |  6 Pagesconcern is warranted because of the family influences on the development of problems with alcohol and the risk for family members developing alcoholism—and other mental or behavioral issues (National Institute on Alcohol Abuse and Alcoholism, 2005). Evidence points to problems with alcohol that are associated with various family factors, such as spousal and parental use, use by children, family principles and attitudes about alcohol consumption, dynamics of family and patterns of relationship, andRead MoreThe Problem Of Alcoholism And Alcoholism1539 Words   |  7 Pagesprofound debilitation. Regardless of the obviousness or clarity of the alcohol problem, â€Å"patients† are far more likely to announce their drinking problem openly. This i s where we get into areas of treatment and the most delicate aspects of handling alcoholic clients. A survey of American adults showed that drug use disorder is common, and accurse with a range of mental disorders and often goes untreated. National Institution on Alcoholism Abuse and Alcoholism Part of the National Institutes of HealthRead MoreAnalysis Of The Movie The Beer Wars Essay1654 Words   |  7 PagesStates. It’s a documentary that discusses the grassroots efforts of the craft beer industry having been filmed similar to a Michael Moore style documentary. It is a self-styled documentary by filmmaker Anat Baron portraying the beer industry in America from the vantage of small artisanal brewers and specialty beer producers. During the 30 days preceding the release, there was a flurry of social media activity that created a buzz about the documentary creating its publicity. In the buzz, the brand promiseRead MoreAn Open Discussion Meeting Of Alcoholic s Anonymous At Boone s Own Club 121280 Words   |  6 Pagessocioeconomic crisis. As I sat in anticipation for the meeting to begin, I noticed a lot of sidebar conversations taking place. Women were chatting about various subjects simultaneously and I was only able to discern the beginning of the meeting from the cacophony when the group leader announced that it was time to begin. When she made that announcement, my gaze was fixed on another part of the room. I was only cued into the beginning of the meeting because I received an auditory signal. If I hadRead MoreTutti Matti1504 Words   |  7 PagesMATTI sale decreases due to the economy downturn. 2. How to maintain strong customer base so that she can eliminate the impact of the economy downturn. The restaurant sales revenue will hit a dramatic downturn in the following season when less family and friends are coming in. 3. How to better promote TUTTI MATTI to attract more customers. The current marketing strategy and returning diners can’t ensure long term profitability; without a direct way to communicate with its target market, TUTTIRead MoreThe Events Of Temperance Movement1332 Words   |  6 Pageswith religious revivals during 1790 to 1830s known as the Second Great Awakening. From the Second Great Awakening in 1842, the United States was filled with different reform movement which was led by dreamers and activists who saw social injustice or immorality in the American society and wanted to fight to correct the sinful events that s been happening (Tindall and Shin 528-529). One of the most widespread from all the reform movement that spread around the 19th and 20th century was the temperanceRead MoreHealth diseases have become a rapidly growing epidemic in today’s society. Most people have begun700 Words   |  3 PagesStates. In the mid-1900’s, most of the food pr eparation was done by families who cooked their own meals. Now there is a mass production of food preparations so families no longer have to put much effort into making a meal for themselves. In 1965, married women who didn’t work spent at least two to three hours per day cooking and cleaning up from meals she made. In 1995, the same tasks take less than half the time. The switch from individual to mass preparation lowered the time price of food consumptionRead MoreFamilies Find Hope in Their Communities Essay2046 Words   |  9 PagesSociety dictates acceptable behavior. For many years society viewed family matters as being private and not open for public discussion. Therefore society failed to recognize the evil that alcoholism bestowed upon families and the community. As more and more catastrophic events began to appear in communities, which involved alcohol, society began to recognize the negative effects and the seriousness of alcoholism in families and the impact felt by the community. In 1935, through the efforts of BillRead MoreBasic Truths about Self-Fulfilling Prohpecy688 Words   |  3 Pagesdetermine the outcome. Some argue it is socially motivated other say it is internally generated through the wanting of something so bad. My general consensus is that self-fulfilling prophecy is a true concept, based on several mitigating factors including but not limited to family environment, educational interaction and medical settings. As stated several circumstances can contribute to your self fulfilling prophecy. Family are one of the key players in the self-fulfilling prophecy. Your parents theRead MoreThe Mountain Man Brewery Company975 Words   |  4 PagesMountain Man Brewery Company was founded by the now retired President and owners Oscar Prangel, in 1925. Oscar formulated an old family recipe with flavorful hops and barley that developed to become what is now known as West Virginia’s beer. Time had progressed and Mountain Man Brewery had become a thriving business and a common beer of choice amongst the working class men beer drinkers. In the 1960’s Mountain Man Brewery had established a well-respected brand throughout the Central Regions, beginning

Sunday, December 15, 2019

Optimum Dividend Policy Free Essays

INTRODUCTION It is becoming increasingly difficult to ignore the significance of dividend policy, considering the fact that payment of dividend reduces earnings available for investment and increase external financing for investment purpose. Most households, investors and pensioners rely heavily on the dividends from their investments to make ends meet. A lot of theories have emerged regarding the dividend decisions made by companies. We will write a custom essay sample on Optimum Dividend Policy or any similar topic only for you Order Now While some are of the opinion that the choice of dividend is irrelevant to the value of shareholder wealth, provided all retained earnings are invested in projects that give a positive net present value, others held the view that the capital structure decision is relevant as the cost of loan capital is cheaper than that of equity and as such advocates external source of financing as oppose to the use of dividends. This report will therefore examine some of the theories on dividend policies using five year dividend policy of Tesco Plc and Apple Incorporation. TESCO PLC Tesco is a retail store whose head office is in United Kingdom. It has an unrivalled FTSE 100 record of increasing dividend for the 26th consecutive year. Its major shareholders as at July 2010 are Blackrock Inc which owns 5.24%, Legal general Investment Management Limited which owns 3.71% of the issued share capital of the company, Berkshire Hathaway Inc, 3.02% (Annual report, 2010, pp. 1-3 45). Tesco Plc final dividend payout extracted from the annual reports between 2006 to 2010 is: YEAR:2006 2007 2008 2009 2010 DIVIDEND (pence): 6.10 6.83 7.70 8.39 9.16 APPLE INCORPORATION Apple is an American multinational corporation incorporated in 1977 which manufactures computers, computer accessories and mobile phones. In 1980, the company went public, selling 4.6 million shares at a price of $22 per share and closing at $29. (CNET news, 1997). The company does not pay dividends despite its continuous increase in shares arising from the success in new products lunch. Below gives an overview of Apple dividend history. Year 2009 20082007 2006 2005 Dividends $0 $0$0 $0 $0 Price $170.31$110.99 $198.08 $84.84 $0 Estimated EPS (year) $5.84, Estimated EPS (quarter) $1.38 Estimated EPS Growth 18.58%, Payout Ratio0.00%. DIVIDEND AND DIVIDEND POLICY Dividend is a cash payment made to shareholders on a quarterly or twice in a year basis based on the amount of shares held and dependent upon the dividend policy adopted by the company. It is normally paid to every shareholder at the record date and can be either in cash or reinvested into the business to generate capital gains (Atrill and McLaney, 2008, pp. 138-139). They are paid out of profit after deducting interest and tax liabilities and the Company Act 1985 makes it mandatory for companies to pay dividend out of accumulated net realised profit, taking into consideration any accumulated loss according to Consultative Committee of Accountancy Bodies (Watson and Head, 2007, p.84). Dividend can be also in the form of bonus shares whereby instead of shareholders receiving cash as dividend, they receive additional share known as script dividend (Atrill, 2009, p. 365). Some companies like Google and Apple have a zero-dividend stock while others like Tesco Inc pays dividend. THEORIES OF DIVIDEND POLICY There is increasing pressure for companies to cut dividend in order to finance projects that gives a positive net present value using retained earnings which is a major source of finance for companies in the United Kingdom (Watson and Head, 2007, p. 285). Retained earnings are being used because there are no issue costs involve and are quick to raise (ACCA F9, 2010, p. 556). However, the decision of a company to use retained earnings to finance its investments will be dependent on the attitude of shareholders and capital market to a reduction in dividend, availability and cost of external sources of finance and amount of fund require relative to the available distributable profits (ACCA F9, 2010, p. 285). The following are some of the dividend policy theories that will be discussed in this report. DIVIDEND IRRELEVANCE THEORY This theory was pioneered by Modigliani and Miller in 1961. It argued that in a perfect capital market where there is the absence of transaction costs, taxation and market imperfections, shareholders are concerned with increase in wealth and will be indifference to whether the increase is a result of capital gain or dividend (ACCA F9, 2010, p. 556). To an investor, whether a firm pays dividend or not should make no difference to the value of the firm and it does not counts whether it is paid out as dividend or reinvested to yield a capital gain as dividend policy does not have any effect on share price (Chiang et al, 2006, pp.6413). This supports Human Resource Director of Aspire Plc of one dividend policy being as good as another as it has no effect on share price. Thus a company can choose to pay any amount of dividend and use retained earnings to finance projects that have positive net present value and maintain that shareholders who invest in a financial geared business will wan t a return that is the same with the return they will get from investing in a similar business that is ungeared and that returns the shareholders require from borrowing will remain unchanged with increase in levels of borrowing (Atrill, 2009, p. 344). Their argument is founded on the assumption that having a good security for the loans will prevent lenders from seeking additional returns. Modigliani and Miller fail to realised that human nature being naturally selfish and the business environment being chaotic, complex and unpredictable will make lenders seek higher returns so as to safe guard against such risk as global recession. Investors suffered dividend cuts with investments worth billions reduced to nothing in the wake of the financial crisis which were not matched by a reciprocal austerity on the part of investment bankers (Jones, 2011). Shareholders will require higher return due to the risk, inflation and interest. Moreover, their argument is founded on three assumptions of an ‘ideal business world’ devoid of share issue costs, market imperfections, transaction costs and taxation whereas in reality, these exist. A perfect market assumption of market prices not being influenced by a single seller or buyer (Hussainey et al, 2011, p.59) is unlikely to hold. The financial markets operate in a chaotic and unpredicted world and in reality, costs like agency, bankruptcy, and transaction costs are incurred when investors buy or sell their shares and tax will be charged as well as inflation (Abor and Bokpin, 2010, p. 180). Moreover, monopoly exists where a single seller can influence price. The ongoing war in Libya for instance has led to a large increase in fuel price all around the world (Barbajosa, 2011). However, the third assumption of no taxation will hold to a great extent giving that the United Kingdom no taxation rule on capital gains below ?9200 applies, whereas all dividends are tax charged (Atrill, 2009, p. 372). The tax position of an investor to a great extent will determine whether they prefer a capital gain to dividend and vice versa and shareholders will invest in companies whose dividend policies are in line with their investment needs DIVIDEND RELEVANCE THEORY This theory propounded by Lintner (1956) and Gordon (1959) is founded on the assumption that a shareholder will prefer to receive a dividend payment which is certain as oppose to investing the same amount in an investment whose value is not certain corroborating the point made by Aspire Plc Director of Operations that a known dividend now is preferred by shareholders to an uncertain capital gain in the future. This is similar to the bird in the hand dividend theory which says that a bird (dividend) in hand is worth more than two (capital gains) in the bush. Giving that future cash flows are uncertain, an investor will prefer dividends to retained earnings (Hussainey, 2011, p. 59). It therefore maintained that dividends are preferred to capital gains as a result of shareholders being risk averse. Some of their arguments is founded on the assumptions that dividends are a signal to shareholders and investors about the prospects of a company. This arises as a result of the asymmetry of i nformation between shareholders and managers (Alnold, 2007, p. 429). Thus shareholders see dividend as a means of passing across information to them as to the well being of their investments. A rise in dividend to the shareholder is a sign that the company has good prospects and share price tends to rise while a cut in dividend signals a poor performance (Tse, 2005, p. 14). Share prices thus go up when there is increase in dividend and go down when there is a cut in dividend and market makes use of announcement of changes in dividend payments in assessing the value of a security (Tse, 2005, p.14 in Pettit (1972). A pitfall of this notion is that an increase in dividend may implies that the company is short of positive net present value projects to invest in or has weak investments opportunities and as a result dispense cash out as dividend to shareholders (Baker and Wurgler, 2004, p. 1128). Apple does not pay dividend partly because of a similar reason that dividend payments give a negative perception that the company has run out of investments opportunities and as such will not grow much more (Elmer-Dewitt, 2010). Alternatively, companies with zero dividend shares like Berkshire Hathaway face a dilemma as to how to convey information about current performance and future prospects of the company if dividends are a means of passing on such information to the shareholders. Although investors invest in companies for various reasons, while some rely on dividend as a source of regular income like the pensioner and institutional investors who rely on dividend payments to meet various obligations and needs to meet, others prefer capital gains. However, like the argument put forward by the Sales Director of Aspire Plc that dividend policy should be structured to suit the type of shareholders a company has and dividend paid according to their needs, company dividend policy should be drafted base on the company’s clientele (shareholders) base and their needs or income requirements. Aspire Plc shareholders are majorly individuals, pension funds and insurance companies having total shares holdings of 66.7%, giving the obvious that the company’s majority clientele base is mainly shareholders who have liabilities to meet and would therefore prefer that dividend be paid as against having them invested for capital gains which a unit and investment fund company will have a preference for. Regardless of the fact that shareholders want dividends paid to meet obligations and income needs, they are also interested in the growth of the company. In dispensing cash as dividends to shareholders or reinvesting to yield a capital gain, a company should also consider shareholders tax preference. While some shareholders want dividends, they do not want the tax liability that comes with it. The United Kingdom tax law exempt capital gains below ?9200 whereas dividends are taxable. As a result, shareholders will want to delay dividend being paid to them to take advantage of this exemption. Similarly, if there is share appreciation, the tax benefits of deferring capital gains into the future may outweigh the cost of paying a higher tax rate on a relatively small dividend (Whitworth and Zhang, 2010, p.681). In an attempt to send a positive signal about future prospects of a company, company pays dividend despites its tax disadvantages. The cost of this signalling is that cash dividends are taxed higher than capital gains. While some investors would rather have capital gains to cut down on tax impact, others may prefer dividends because they prefer immediate cash in hand (Hussainey, 2011, p.60). RESIDUAL THEORY The theory which share a similar view with Modigliani and Miller’s except that it recognises issue costs but there is no taxation and market imperfections and argued that though dividend are important, the pattern is not. It further reiterates that a firm should pay dividend from cash remaining after investing in net positive value projects. The problem is how an investor knows that a company is investing in projects that will enhance the value of a company due to the asymmetry of information between management and investors or shareholders?. Payments of dividend is a means by which managers signal the true value of the firm and communicate insider information about the company to the shareholders (Tse, 2005, p.13). It brings about the issue of agency as an investor cannot tell that his or her dividend accrued to him or her has been reinvested in positive or negative net present value projects or used by the directors to pursue their own interest of empire building to the detr iment of investors. A typical example is Enron Corporation that has its managers claimed to have been reinvesting shareholders money and creating value through acquisition of over forty one companies, investments worth billions of dollars and increase in share price from $57.10 to $90.56 within 1998 by cooking fraudulent accounting information which the shareholders relied on. Its pre-initial public offering shares went from $10 million to $372 million within a day. It was soon discovered that the managers indulged in creative accounting to hide losses worth about $35 billion and had overstated income by $586 million. The share price went from $90.56 to $8.40 and subsequently to 61 cents (Gini et al, 2009, pp.110-114). Shareholders of firms can thus avoid incurring agency costs by reducing the cash available to the shareholders through the demand for dividend to reduce excess free cash flow. (ACCA F9, 2010, pp. 375-376) and (Hussainey, 2011, p. 60). ZERO DIVIDEND POLICY Some companies adopted a zero dividend policy whereby they do not pay dividends to their shareholders rather plough the cash back into the business to generate future capital gains. Companies such as Berkshire Hathaway, Google, Apple, and Microsoft until recently do not pay dividends. Apple do not pay dividend despite its holdings in cash and marketable securities which have grown from $24.5 billion to $46 billion. Its Chief executive Officer had said that the company has no plans of paying dividend in the near future. The company believes that cash hoard is a fast and easy means of financing investments projects such as acquisition, Research and Development in new products and put the company in less fewer risks by using retained earnings as opposed to external sources of finance to avoid exposing the entire company to risk (Ghosh, 2011). This may be due to the fact that the company’s major shareholders are co-founder Steve Jobs, who owns more than 5.5 million shares, Apple engineer and vice president Sina Tamaddon with 290,000 shares, and retail chief Ron Johnson with 232,000 shares. Other shareholders are institutional and Mutual Fund Holders. However, as of April 2009, more than 71 percent of Apple’s stock was owned by institutions and mutual funds with the largest institutional stock holder being FMR LLC, with 39.2 million shares, followed by Barclays Global Investors with 37 million. The top mutual fund holder is The Growth Fund of America with 24.1 million shares. In July 2009, the company’s stock was trading at $142.40 per share (Desjardins, 2011). This goes to show that 71% of its shareholders are mutual fund trusts who do not have immediate pressing needs to meet and would therefore prefer a capital gain to dividend, hence the use of retained earnings by Apple to finance its business. Also, giving the nature of Apple’s business, the company needs to invest in research and development which most times takes years for a brea kthrough to manifest. Apple would have also chosen not to pay dividend due to failure of who had almost $60-billion of cash on the balance sheet, from which they used about $32-billion to make a special one-time dividend in 2004. Microsoft’s share chart showns that its share price has gone nowhere in ten years. Not even a number of stock buybacks have helped push up the stock price. Also, Cisco Systems announcement to start paying a dividend had its shares plunged from almost $70 in 2000 to just above $20 no, while Apple shares have skyrocketed from $7 per share in 2003 to more than $333 currently (Ghosh, 2011). CONCLUSION REFERENCE ABOR, J AND BOKPIN, G,A. 2010. Investment opportunities, corporate finance, and dividend payout policy: Evidence from emerging markets. Studies in economics and Finance, 27 (3), pp.180-195). ATRILL, P AND MCLANEY, E. 2008. Accounting and Finance for Non-Specialists. 6th edn. England: Pearson Education. ATRILL, P. 2009. Financial Management for Decision Makers. 5th edn. England: Pearson Education. Apple, Inc. (AAPN) Dividend Summary [WWW] (http://www.dividendinformation.com/AAPL_dividends (May 2011). ALNOLD, G. 2007. Corporate Financial Management. England: Pearson Education Limited. ACCA, F9. 2010. Financial Management: Complete text-December 2010. Berkshire: Kaplan Publishing UK. Barbajosa, A. 2011. Analysis: U.S. leverage to crimp Iranian oil exports fades. [WWW] http://www.reuters.com/article/2011/05/04/businesspro-us-iran-oil-leveage- (May 2 2011). BAKER, M AND WURGLER, J. 2004. A catering theory of dividend. The Journal of Finance, LIX (3), pp. 1125-1166. CHIANG,K, FRANKFURTER,G.M, KOSEDAG, A, AND WOOD JR,B,G. 2006. The perception of dividends by professional investors. Manageria Finance [Online Journal], 32 (1), pp. 60-81. Available from Emerald at http://www.emeraldinsight.com/search.htm?st1=The+perception+of+dividends+by++professional+investorsct=allec=1bf=1go=Go (April 22 2011). COLLINS, D. 2006. Enron: the good, the bad and the really ugly. In: GINI, A and MARCOUK, A.M. Case studies in business ethics. 6th.Edn. London: Pearson prentice Hall, pp. 104-115. (CNET news, 1997). http://news.cnet.com/2009-1001-201295.html DESJARDINS, D. 2011. Who Owns the Apple Computer Company[WWW] http://www.ehow.com/about_5143792_owns-apple-computer-company.html (April 25 2011). ELMER-DEWITT, P. 2010. Why Steve Jobs doesn’t Pay Dividends. [WWW] http://tech.fortune.cnn.com/2010/08/13/why-steve-jobs-doesnt-pay-dividends/ (April 12 2011). GHOSH, P. 2011. Why doesn’t Apple pay a dividend[WWW] http://www.ibtimes.com/articles/98718/20110107/why-doesn-t-apple-pay-a-dividend.htm (April 12 2011). HUSSAINEY, K, MGBAME,C. O AND MGBAME, A.M. 2011. Dividend policy and share price volatility: UK evidence. The Journal of Risk Finance [Online Journal], 12 (1), pp. 57-68. Available from Emerald at http://www.emeraldinsight.com/search.htm?st1=Dividend+policy+and+share+price+volatility%3A+UK+evidencect=allec=1bf=1go=Go (April 15 2011). JONES, A. 2011. Barclays must Clear Mists for Investors [WWW] http://www.ft.com/cms/s/0/8bdc54f6-70f4-11e0-962a-00144feabdc0.html#axzz1Lnlyn0w7 (May 8 2011) TSE, C. 2005. Use dividends to signal or not: an examination of the UK payout patterns. Managerial Finance. 31 (4), pp. 12-33. Tesco Major shareholders http://www.tescoplc.com/plc/ir/financials/shareholders/ 9/5/11 TESCO. 2010. Annual Report. WATSON, D AND HEAD, A. 2007. Corporate Finance. 4th edn. England: Pearson Education Limited. WHITWORTH, J AND ZHANG,Y.2010. Accrued capital gains and ex-dividend day pricing. Managerial Finance Vol. 36 No. 8, 2010 pp. 680-702 How to cite Optimum Dividend Policy, Essay examples

Saturday, December 7, 2019

Health Management Health Care Framework

Question: Discuss about the Report for Health Management for Health Care Framework. Answer: Introduction: An efficient governance arrangement identifies the inter-dependencies that exist between the financial, clinical and corporate governance across the service. Addition to this the governance assimilate them together to generate high quality, reliable and safe healthcare. According to Cowan (2013), Clinical governance is the a system through which the professionals of the health care system are responsible for delivering quality, safety and patient centered service to the community. As stated by Trong Tuan (2014), the contemporary model of the health care provision, several times is subjected to fragmentation and inadequate rationality. This appears to be one of the main reasons which are limiting the effectiveness of the various interventions and the quality of the outcomes related to the health care sector. Therefore, the accountability of the health care professionals is essential in upholding the clinical governance. This report will highlight the concepts of the clinical governanc e and its management issues. The dependence of the health service on the clinical governance framework will also be highlighted. In addition to this the report will also present a critical reflection on health care practice as a health care practitioner and will highlighting the strength and weakness of the clinical governance framework (Andreassen et al., 2015). Concepts of clinical governance, management, and clinical governance: Clinical governance is defined as a systematic approach that is designed to maintain and improve the quality of the patient centered care within a specific health care system. In terms of the health care professionals clinical governance means specification of the clinical standards that are delivered by them and the measures demonstrated by them. The main components of the clinical governance are risk management and information management (Trong Tuan, 2014). In the health care system Risk management is a potentially important component which is implemented in order to prevent, alleviate the financial loss and promote patient safety. According to Arnold Boggs (2015), Risk management in this sector is significantly needed since it can bridge the difference between life and death which makes the stakes considerably higher. Risk management in the health care system can be implemented by recognizing various factors and activities which can produce ill effects to the patients. In regards to the medical practitioners, if they are aware of the risk factors that are associated with the medical interventions, better vigilance during the patients assessment and treatment would be proper (Abimbola et al., 2014). In order to persist in the professional development it is critical for the medical practitioners to update their knowledge and skills in terms of the new and innovative intervention. At this point evidence based study becomes an important guide in the practice of risk management. As discussed by Arnold Boggs (2015), promotion of clinical governance takes place when the leaders of the health care sector provide the opportunity to the clinicians, nurses and other medical professionals to upgrade their skills. One more tool which is used by the health professionals is clinical auditing. By the use of clinical auditing the health professionals they can measure the quality of patient care provided by them. The measure is possible by comparing ones clinical practice with the national standard (Atrash Carpentier, 2012). Information management in terms of the health care system involves collection, management and utilization of the patient information within the clinic settings. Such a component helps in the determination of a systems effectiveness in identifying health issues, defining priorities, recognizing certain new and innovative solutions and assigning resources in order to improve the outcome. According to Black (2013), one of the essential attribute in clinical governance is openness. This attribute can only be maintained when every single information related to the clinical treatment is communicated with the patient and his family. Implementation of the advanced health research works can develop clinical governance in the health sector in a proper way (Bowling, 2014). Contemporary health service delivery: The framework of the health care system should be constructed in such way that the location of the health care service should be patient centric. The patient care involves a team of health care leaders and care givers. As stated by Da Costa et al. (2013), the leaders should be responsible for the management of the health performances. As discussed by Enthoven (2014), the contemporary health care can be categorized by involvement of two initiatives. Firstly, translational medicine which contributes to the health care quality by inculcating and promoting the rapid growth of the basic medical research results into the clinical practice. Secondly, Community health involves the improvement of the public health by emphasizing the environmental interventions and contextual causes. If these two advances combine together, then a potent future can be assured where the community will reflect a location for the best technologically advanced care practices. Thus, the challenges of such a contemporary health care demand for understanding and utilization of the resources provided by the patients and give the patients the information technologies which can support the patients as partners (Ellis Johnson, 2013). According to Heyrani et al., (2012), the clinical governance framework gives opportunities for the clinical practitioners to employ in the organizational planning of effective and safe health care services. According to Hooshmand et al. (2014), the management should focus on teamwork attributes. This will effectively augment the health service deliverance. Certain countries have adopted four-level model in order to provide patient-centered health care system and alter the dynamic of health care system. According to Idowu et al. (2013), the four-level model involves individual patients, the team of professionals such as the clinicians, nurses, and pharmacists, the modern resources and the political and economic environment of the health care system. The patient requirement has become a defining factor in this type of systems. The first level starts with changing the perspective of the clinical practitioners and patients in such a system are considered as partners in the process of care. The second level includes the summative effort of the team of health care practitioners and it is relied on the effective planning strategy of the whole team. The third level deals with the health care organization which can bring about significant change in the organization through the implementation proper human resource practices and operating systems. In term of the government the can promote transparency through designing of certain standard for the safety of the customer and quality of care. Reflection: As a health care professional one such experience that was gathered as a person during the clinical practices which can be discussed through a personal reflection. During the clinical practices one such incident was encountered with a patient who was suffering from sickle cell anaemia. According to Liaw et al. (2014), Sickle cell anaemia is a genetic disorder that occurs due to the distorted shape of the RBC. As such the RBC cannot bind to the oxygen molecule. In cases of this type the patients require folic acid medication and blood transfusion in regular basis. The patient was only 15 years old boy. His weakness and regular blood transfusion hampered the quality of life in the boy. As concerned with the parents of the boy, the approach of treatment involved bone marrow transplantation (Kavaler Alexander, 2012). The whole team of clinical practitioners was ready for the surgery but there occurred a complication suddenly in the middle of the operation. The patient lost around 1500 ml of blood. Later it was realized that when the instruction given to the nurse to use the central venous catheter which marrow transplantation, the nurse due to incompetency in the use of the tool she could not set up the tool properly. It was not in the knowledge that the nurse was not aware of the use of the tool neither she had communicated with the superior professionals. This caused major complication in the operation therefore the surgery was delayed. After this event it was realized that the health care system involves a team of medical workers who are assigned for providing patient care. Thus, it is very important to have good interpersonal relationship among the members and also effective communication should be developed that is essential for providing care to the patient through a holistic approach. It c ould realize the weakness of the clinical governance after this incidence (Masters, 2015). Recognition of the strength and weakness: In order to provide quality care and safety it is essential for the health care organization and its leaders to understand their duties and responsibilities well. As stated by Ravaghi et al. (2013), the strength of the clinical governance depends in promoting an atmosphere and culture with modification in certain rules and regulation of the organization for betterment of the patient. But in this case the main complication developed due to the lack of coordination between the medical practitioners. As stated by James (2013), the regulation of the provider organization and private payer may aid in managing the financial and political environment of the health care system. According to Reeves et al. (2013), the second most important strength of clinical governance is proper communication and coordination between health care team. If the medical staff understands the role of each other the provision of medical care can be easier and more effective. In this case the lack of communication among the members created the problem. Thus, the challenges and issues of such a current health care insist for understanding and utilization of the resources which are received from the patients through proper communication and give the patients the information technologies which can support the patients as partners. Moreover, with the advancement in the field of science and technology, the medical sector has also brought advancements and innovations in its system. In order to provide the patients with best care the physicians need to exhibit their sophisticated performances. The main attribute of the clinical governance scaffold are undertaking the medical responsibilities suitably, identification of high quality care and endorsement of a steady improvement of the complete health care system. This may include the learning skills related to the knowledge about the recent medical development, learning about careful handling of new clinical equipments. If the instruction was provided initially by me then such a complication would not have arrived. After all this health service, delivery will enhance the quality of the health care system. It is very necessary to manage all the sectors of the healthcare to provide the health service delivery (Pirie et al., 2016). In order to deliver proper health service efficient communication should be maintained and should be informed among the various existing levels. The higher authorities should be supportive in nature and problems should be resolved through problem solving techniques during the season of crisis (Cowan, 2013). As discussed by System et al. (2005), the main weakness of the clinical governance is the obstacles that it experiences in the transformation for developing effective management and delivering efficient care and safety. As a health care professional it can be felt that the main challenges encountered by the clinical governance is the development of the managerial and organizational system. Addition to this most of the health care organizations cannot manage the elevation of the cost and the quality crisis. This kind of challenge faced by health care leaders highlights the need to change the health care system and invest in information technology, system engineering tool and providing integrated patient-centered care. Thus, it can be said that realization of appropriate clinical government framework in the organization is the technique to enhance accountability of patient care. (Spitzer Silverman Allen, 2015). Conclusion: Thus from the report on clinical governance and reflection on personal practice, it can be concluded that health care system faces several challenges in the delivery of care. The report summarized different component of clinical governance that transform healthcare organization. The detailed information on contemporary health care delivery demonstrates how health staff and hospitals can work to implement changes in the organization and manage risk in the delivery of care. Finally reflection on personal practice reveals shortcoming in the professional skills, and this can be corrected by use of clinical governance framework. Identification of challenges in clinical governance made us understand which areas should be a priority in the delivery safe and high quality of patient care. Reference Abimbola, S., Negin, J., Jan, S., Martiniuk, A. (2014). Towards people-centred health systems: a multi-level framework for analysing primary health care governance in low-and middle-income countries.Health policy and planning,29(suppl 2), ii29-ii39. Andreassen, H. K., Kjekshus, L. E., Tjora, A. (2015). Survival of the project: A case study of ICT innovation in health care.Social Science Medicine,132, 62-69. Arnold, E. C., Boggs, K. U. (2015).Interpersonal relationships: Professional communication skills for nurses. Elsevier Health Sciences. Atrash, K., Carpentier, R. (2012). The evolving role of public health in the delivery of health care.Revista brasileira de crescimento e desenvolvimento humano,22(3), 396-399. Black, N. (2013). Patient reported outcome measures could help transform healthcare.BMJ (Clinical research ed),346, f167. Bowling, A. (2014).Research methods in health: investigating health and health services. McGraw-Hill Education (UK). Cowan, J. (2013). Clinical governance and clinical documentation: still a long way to go?.Clinical Performance and Quality Healthcare. Da Costa, L., Galimand, J., Fenneteau, O., Mohandas, N. (2013). Hereditary spherocytosis, elliptocytosis, and other red cell membrane disorders.Blood reviews,27(4), 167-178. Ellis, B. W., Johnson, S. (2013). The care pathway: a tool to enhance clinical governance.Clinical Performance and Quality Healthcare. Enthoven, A. C. (2014).Theory and practice of managed competition in health care finance. Elsevier. Heyrani, A., Maleki, M., Marnani, A. B., Ravaghi, H., Sedaghat, M., Jabbari, M., ... Abdi, Z. (2012). Clinical governance implementation in a selected teaching emergency department: a systems approach.Implementation science,7(1), 1. Hooshmand, E., Tourani, S., Ravaghi, H., Ebrahimipour, H. (2014). Challenges in evaluating clinical governance systems in Iran: A qualitative study.Iranian Red Crescent Medical Journal,16(4). Idowu, S. O., Capaldi, N., Zu, L. (2013).Encyclopedia of corporate social responsibility. Springer Berlin Heidelberg. James, J. T. (2013). A new, evidence-based estimate of patient harms associated with hospital care.Journal of patient safety,9(3), 122-128. Kavaler, F., Alexander, R. S. (2012).Risk management in health care institutions. Jones Bartlett Publishers. Liaw, S. Y., Zhou, W. T., Lau, T. C., Siau, C., Chan, S. W. C. (2014). An interprofessional communication training using simulation to enhance safe care for a deteriorating patient.Nurse Education Today,34(2), 259-264. Masters, K. (2015).Role development in professional nursing practice. Jones Bartlett Publishers. Pirie, J., Kappus, L., Sudikoff, S. N., Bhanji, F. (2016). Simulation Curriculum Development, Competency-Based Education, and Continuing Professional Development. InComprehensive Healthcare Simulation: Pediatrics(pp. 181-193). Springer International Publishing. Ravaghi, H., Heidarpoor, P., Mohseni, M., Rafie, S. (2013). Senior managers viewpoints toward challenges of implementing clinical governance: A national study in Iran.International journal of health policy and management,1, 295-299. Reeves, S., Perrier, L., Goldman, J., Freeth, D., Zwarenstein, M. (2013). Interprofessional education: effects on professional practice and healthcare outcomes (update).Cochrane Database Syst Rev,3(3). Spitzer, W., Silverman, E., Allen, K. (2015). From organizational awareness to organizational competency in health care social work: The importance of formulating a profession-in-environment fit.Social work in health care,54(3), 193-211. System, N., Reid, P., Compton, W., Grossman, J., Fanjiang, G. (2005). A Framework for a Systems Approach to Health Care Delivery.National Academies Press (US). Retrieved from https://www.ncbi.nlm.nih.gov/books/NBK22878/ Trong Tuan, L. (2014). Clinical governance, corporate social responsibility, health service quality, and brand equity.Clinical Governance: An International Journal,19(3), 215-234.

Friday, November 29, 2019

Van Goghs Starry Night Essay Example For Students

Van Goghs Starry Night Essay Despite my limited knowledge about art, its components, and the artists who create their masterpieces, Vincent Van Sagos The Starry Night is probably my favorite piece of artwork in the textbook. I love this painting and chose it because to me, this piece of work is so serene yet captivating and stimulating at the same time. I believe that if a piece of art can evoke that many emotions in a person, then it is truly a masterpiece. I actually have a replica of The Starry Night hanging in my house, which as another reason why I chose to discuss this particular painting. We will write a custom essay on Van Goghs Starry Night specifically for you for only $16.38 $13.9/page Order now One of my favorite aspects about Van Sagos work is the lines depicted and painted in the art. I think that is the main element that makes The Starry Night so unique and beautiful. Van Gogh uses colorful and curvy lines in an energetic and stimulating way. The color used in this piece of art is also a powerful element included . I think that the colors Van Gogh chose to use are genius because it makes the painting more rueful yet sets almost a cool and serene atmosphere by using the blue colors and its hues. The textbook suggests that many have depicted The Starry Night to reflect Van Sagos disturbed mind. However, I find the painting to have almost a mystical and calming effect. The different lines that Van Gogh uses in this piece of art also provide the piece with texture. Looking at The Starry Night hanging in my living room or the one in the textbook makes me want to reach out and actually be able to feel he artwork itself and the lines to feel the texture it appears to have. Van Gogh also uses the elements of light and dark superbly in this painting. The whole painting is created using darker colors yet the sky reflects lighter hues variously throughout which I believe provides The Starry Night with a nice contrast. I think that Vincent Van Sagos The Starry Night is my favorite piece of artwork I have seen yet and contains many different design elements and principles that help make it the masterpiece that it is today.

Monday, November 25, 2019

CHAPTER 30 Essays - United States, Conservatism In The United States

CHAPTER 30 Essays - United States, Conservatism In The United States CHAPTER 30 UNCERTAIN TIMES, 1974 - 1992 Chapter Outline I.Searching for Direction, 1974-1980 A.A Faltering Economy B.Welfare and Energy Initiatives C.Negotiation and Confrontation in Foreign Policy D.The New Right II.The Reagan Revolution, 1981-1992 A.The Election of 1980 B.Supply-Side Economics C.Curtailing Unions, Regulations, and Welfare D.Reagan to Bush III.Renewing and Ending the Cold War A.The Defense Buildup B.Deploying Military Power C.The Iran-Contra Controversy D.The Cold War Eases E.Post-Cold War Policy and the Persian Gulf War F.The Election of 1992 IV.The Politics of Social Movements A.Women's Issues B.Sexual Politics C.Activism among African Americans D.Activism among American Indians E.Activism in Spanish-Speaking Communities F.Activism among Asian Americans G.Anti-Government Activism Chronology 1974Nixon resigns and Ford becomes president; Ford soon pardons Nixon 1975South Vietnam falls to North Vietnam; Ford asserts U.S. power in Mayaguez incident 1976Jimmy Carter elected president; OPEC sharply raises oil prices. 1978Carter helps negotiate Camp David peace accords on Middle East 1979Soviet Union invades Afghanistan; Sandinistas come to power in Nicaragua; U.S. hostages seized in Iran 1980Ronald Reagan elected president; U.S. hostages in Iran released 1981Reagan tax cut passed 1983U.S. troops removed from Lebanon; Reagan announces SDI ("Star Wars") program 1984Reagan defeats Walter Mondale 1986Reagan administration rocked by revelation of Iran-Contra affair 1988George H.W. Bush defeats Michael Dukakis in presidential election; Congress enacts Indian Gaming Regulation Act 1989Communist regimes in Eastern Europe collapse; Berlin Wall falls; Cold War, in effect, ends 1990Bush angers conservative Republicans by agreeing to a tax increase 1991Bush orchestrates Persian Gulf War against Iraq, 1992Bill Clinton defeats Bush Lecture Outline 1.In the aftermath of the turmoil of the Vietnam War and the Watergate scandal the nation was searching for direction, 1974-1980. The presidency of Gerald Ford suffered from popular impressions that he was a weak, indecisive, "caretaker" president. a.Ford was undermined by a faltering economy and his effort to "Whip" inflation was both ineffective and a public relations failure. Under Jimmy Carter, the economy only seemed to worsen with rising unemployment and soaring inflation. b.Carter pushed hard for both welfare and energy initiatives; although he could not forge an agreement for welfare, he used the new Department of Energy to "declare war" on the nation's reliance on fossil fuels. c.The U.S. foreign policy of containment played itself out in Southeast Asia as a long U.S. war in Vietnam ended under Ford with the fall of Saigon. Carter infused his approach with more negotiation than confrontation and a respect for human rights. Though his results were mixed, they did yield the Camp David agreement between Israel and Egypt. d.There appeared a new right on the American political landscape that was as deeply interested in advancing a conservative social agenda as they were for political and economic issues. 2.Ronald Reagan emerged as the brightest star and best hope for the new right. His defeat of Carter in the election of 1980 signified the beginning of what came to be called the Reagan Revolution, 1981-1992. a.Offering a sunny persona and more optimistic outlook than the comparative gloom of Carter, Reagan swept to a convincing electoral victory in the election of 1980. b.Reagan embraced a theory of "supply-side" economics, which held that tax reductions would stimulate investment and thereby create economic growth. These changes in government policy did create wealth, though it was uneven, favored the rich, and led to soaring national debt. c.Another part of Reagan's agenda was the curtailing of government support of union and the cutting of regulations and welfare measures. d.The Republicans Party kept control of the presidency as the personal appeal of Reagan helped his vice-president, George H.W. Bush, gain victory despite the new right's lack of enthusiasm for his candidacy. 3.Reagan's promise to reverse the post-Vietnam "passivity" by the nation on the world stage led to both his renewing and ending the Cold War with an aggressive American foreign policy. a.Reagan supported a dramatic defense build-up with massive increases in military spending, most visibly in the failed Strategic Defense Initiative. b.The Reagan administration proved eager to deploy military power in numerous confrontations. c.The Iran-Contra controversy, the illegal selling of arms to Iran to fund a military effort to overthrow the government of Nicaragua, proved the biggest scandal of the Reagan administration. d.Mikhail Gorbachev, the new Soviet leader, played a vital role as the Cold War eased via his policies of glasnost ("openness") and perestroika ("economic liberalization") until the collapse of the Soviet Union

Friday, November 22, 2019

Personal Statement Example | Topics and Well Written Essays - 750 words - 7

Personal Statement Example This becomes one of the major reasons why I am applying for MSC Finance course at the Manchester Business School. To introduce myself, I am Mr. Shawn, a three year student from Bangor University. I studied at the Beijing Institute of Technology for two years. After that, I planned to come to UK for further studies. I achieved an excellent academic result during my second year Bachelor degree study with average score of 75.7. Finance was one of my strongest subjects, in which I scored 86 marks. Strong basic knowledge of math and flexible thinking supported me to get exceptional results in Probability and Optimization and Statistical Methods, with 99 and 94 scores respectively. This proves that I have always been a first-class student. My teachers and professors always considered me a student worthy of reward. I feel that I have enough knowledge and passion to know more about the financial market. Studying finance will not only increase my learning about the financial market, but will also help me achieve a reasonable job. I shall prove to be an excellent professional as I am really interested in solving different financial challenge. To maintain my interest, I keep myself updated with market requirements. I have always thought about bringing my knowledge into use that I gained during my college. I keep on reading related journals, books and magazines, and attend related seminars held in my vicinity. I feel that I possess those special skills needed to fulfill the requirements for this course. I have always come up fresh, innovative and unique ideas. I believe that I have huge potential to improve my academic ability. I always visit the business part of BBC news which enables me to connect what I learnt with the real business world. I am especially interested in the news about Finance and Economics. Now, I shall discuss some of my personal qualities that make me proud of who I am, and which will surely help me in my professional life as well. My best talents incl ude good organization, discipline, carefulness, thoughtfulness, and getting things done in time. I like to put in my best efforts in whatever I do, and I never give up no matter what it takes. I am good at basketball as a point guard. I also have a craze with music, and I love playing piano. I am proud to state that I am a very good learner, and pick up concepts quickly. I keep myself updated with the latest tech information. I have expertise in MS Excel, Word, Power point, Publisher, and Access. I also love working in Adobe Photoshop and Corel Draw. I am a very kind-hearted person, an example of which is my efforts to help Jiaheng Peng, who was a pilot of American volunteer group (the customer gave me this name) in Second World War. He is suffering from leukemia, and my friends and I raised around 1,000 Yuan by launching a donation campaign in Zhongguancun, China. It is also important to state why I chose MBS. The Manchester Business School is a reputable institute, and the atmosph ere of study is incredible. I realized this after listening to a lecture of Xianping Lang, who is a famous Chinese economist. This proves that MBS enjoys a high reputation in the world. Also, the contents of the courses offered by MSC Finance at MBS are first-rate and basic, and they suit today’s business field. I am still preparing to apply for MSC Finance and Investment, MSC Finance and Econo

Wednesday, November 20, 2019

Strategic management Assignment Example | Topics and Well Written Essays - 2000 words - 1

Strategic management - Assignment Example It will be noted that competitive advantage is created when a company is able to make its products and services the preferred option for customers within a market where competitors are offering products and services of the same nature or kind (Carter, Daniel and Betty, 2006). For competitive advantage to be achieved, the need for a critical understanding and appreciation of what the customer wants is very important. This is because the customer is always the end user of the product and service that the company offers. With the immediate direction and scope where the company wants to prioritize the interest of customers in product and service innovation, there is every hope that competitive advantage will be created because the company will offer precisely what the customer wants from the hospitality and tourism industry that it is not getting from other competitors. QUESTION TWO The business approach to strategic management is selected as the most suitable framework for Thomas Cook G roup to maximize its strategic impact with key stakeholders. This business approach to strategic management framework is however made up of a number of strategic options that makes it very important for the company to be highly critical in its selection of an appropriate strategic. Generally, two strategic approaches namely sociological approach and industrial organizational approach will be identified. Though each of these two approaches will at any point in time help a company in achieving some level of strategic success with its stakeholders, the use of industrial organizational approach is opined as the optimum strategy among the suitable framework that can bring about strategic development with stakeholders. The reason for this point is that in the use of industrial organizational approach, companies are admonished to take up the combined use economic theory and assumptions. Under economic theory, considerations are base for key economic factors such as resource allocation, com petitive rivalry and economies of scale. Meanwhile, in the current global economic crunch, these economic factors are very important for the achievement of economic growth and development. This is because based on economic theory, the company will be offered the opportunity to naming its competitive rivalry and know how to rightly allocate its scarce resources in a manner that presents a better competition against the competitor. With reference to assumptions also, Thomas Cook Group will be allowed the use of rationality, profit maximization and self discipline principles to compete (Carter, Daniel and Betty, 2006). QUESTION THREE In the current state of global economic recession within which Thomas Cook Group is forced to compete and growth as a leader in the hospitality and tourism industry, the effective management of resources and competences would be the only remedy to ensure that the company survives the recession. This is because world economic crunch is generally associated with cut downs and limitations in resources and competences. This situation is created because the input into resource availability of companies hardly synchronize with the resource output that the company undertakes (Breiman et al, 2009). With the scarcity therefore, effective

Monday, November 18, 2019

Internet and UK Tourism Industry Coursework Example | Topics and Well Written Essays - 8000 words

Internet and UK Tourism Industry - Coursework Example It has been used for various transactions from information transfer to interpersonal communications. Businesses have greatly improved with the onset of internet usage. The utilization of internet has come to the point of it becoming a necessity rather a luxury. The popularity of the internet usage has made it a subject of various studies not only in the academe but including industries that nowadays depend on it. The properties, advantages as well as the disadvantages have been the focus of these studies. The introduction of internet as one of the modes of communication has made significant changes in the lifestyle on the people. It began in the 1980s as the Computer Revolution and now it became the Computer and Internet Revolution. During the computer revolution, the computer usage has increased rapidly and between 1985 and 1999, the usage of computers at work or at home increased from 30 percent to 70 percent as the increase in computer ownership rose from 15 percent to 60 percent (Kim, 2001). Consequently, these factors have made businesses change their strategies. They introduced e-commerce in which consumers can exchange goods and avail themselves of the services offered by companies thru the internet. E-commerce follows the same basic principles as traditional commerce that, buyers and sellers come together to exchange goods for money. But unlike traditional commerce in which the consumers go to a particular place to avail necessary products, they can visit the web sites of multiple vendors anytime, any day to compare prices and make purchases online. But this does not only benefit the consumers, the sellers as well can cut costs and expand their market. Because they sell over the internet, which can be accessed globally, they have the potential to market their products or services worldwide and are not limited by the physical location of a store. At the same time, internet technologies also permit sellers to track the interests and preferences of their customers with the customer's permission and then use this information to build an ongoing relationship with the customer by customizing products and services to meet the customer's needs. Nielsen (2005) wrote that there is an upward trend in global online shopping. Popular items purchased on the internet are books at 34%, videos and games at 22%, airline tickets and reservations at 21% and clothing and accessories at 20%. The study also showed that even one percent of the total population purchase using the net does not necessarily mean successful online sales but it is still important for retailers big and small to understand the factors that drive brand equity and site usage. It also shows that sites and brands with higher brand equity attract higher visitation and sales. But e-commerce has also its downside; some costumers are reluctant to buy products which need actual assessment such as furniture and appliances. Some also consider shopping a social experience; they may be going to a store with family or friends. Security and assurance of transactions are also some factors why some consumers are apprehensive to use the internet for purchases (Microsoft Encarta 200 7). According to a survey by HM Revenue and Customs, web users especially in the UK are using the internet to make their lives easier. The surveys shows that the top three uses of internet are researching

Saturday, November 16, 2019

Disempowered Individuals With Learning Disabilities Social Work Essay

Disempowered Individuals With Learning Disabilities Social Work Essay Being in the institution was bad. I got tied up and locked up. I didnt have any clothes of my own, and no privacy. We got beat up at times but that wasnt the worst. The real pain came from being a group. I was never a person. I was part of a group to eat, sleep and everything it was sad. (As cited on Mencap.org) Historically people with learning disabilities have suffered disempowerment by being excluded from mainstream society through segregation in large institutions. ( Wolfensberger, 1972) people were dismpowered by having little control over how they lived their lives. Although the Community Care Act 1990 has resulted in the closure and the resettlement of people with learning disabilities, people are still suffering disempowerment through exclusion by not being able to choose how to live their lives (Ramcharan,et al 1997). Empowerment is: à ¢Ã¢â€š ¬Ã‚ ¦concerned with how people may gain collective control over their lives, so as to achieve their interests as a group, and a method by which social workers [and other care providers] seek to enhance the power of people who lack it (Thomas and Pierson 1996, p.134). The Same As You? review is the Scottish Governments strategy for learning disability services in Scotland.   The review sets out the Scottish Governments wider policies of social inclusion, equality and fairness to enable changes to happen for the better in the lives of people with learning disabilities. A key area identified within The Same As You? is Person Centred Planning. Person-centred planning means starting with the individual and putting the supports around them that will enable them to have the life that they want. Person centred planning is a tool that can be used to plan with a person. This can be to help the person think about what is important in their life now and also to think about what what they would like in the future. Planning should include the persons circle of support and involve all the people who are important in the persons life. (Stalker and Campbell, 1998). The idea behind person central planning was to respond to problems of social exclusion, disempowerment and de-evalution. Person centred planning was developed in the 1980s by a small number of people including John O Brian and Michael Smull. As a way of enabling people with learning disabilities to move out segregated institutions and back into the main community. Person-centred planning is designed specifically to empower people, to directly support their social inclusion, and to directly challenge devaluation. By looking at what support is needed to allow the person included and involved in the community. (Magito-Mclaughlin et al., 2002). Person centred approaches offer a different alternative to the traditional model of planning used for service provision. The traditional methods of service provision operated around the individual receiving the service, with health and social care professionals making all the decisions on the type of support the individual received. The traditional model was disempowering to people with learning disabilities as it focused on the persons medical problems, ignoring the qualities of the person as human being. (Sanderson, 2003) Person centered planning places the individual at the center of the decision making process, allowing family members to become involved in the planning as Joynab, Mohammeds mother states: Person-centred planning has given us hope and a vision for a better future for Mohammed. We feel now we can have a say in how and what service support he receives. We no longer believe that only professionals know best for our son. Mohammeds faith and cultural needs are recognised and responded to.(DoH, 2010) Person centred planning looks at the persons qualities and is a way of listening to what is important in the persons life. People can direct their own services and supports, in a personalised way rather than attempting to fit within pre-existing service systems. An area where person planning has helped the person by listening to what they want enabling them to direct their services and support is through training and employment. People with learning disabilities have been marginalised from gaining employement, through the employers lack of understanding about learning disabilities and stereotypical beliefs that they are incapable of working. As a mother states I have a son who has Down syndrome..I go to the supermarkets and ask if they could try my son outà ¢Ã¢â€š ¬Ã‚ ¦I explain that he has Down syndrome, then they change the subject and say they will give me an application form.I explain my son cannot write, and they tell me he cannot get an interview without an application form.Is this a way of eliminating the disabled? (Anonymous contribution as cited by Williams,2009) People with learning disabilities benefit from working as it helps them to gain fiancial independence and security, increases their self confidence and skills and allows them to socialise. Todd (2002) demonstrates this in his report planning a new future where an agency worked with a young man with autism whose goal in life was to be an airline pilot, even though this goal was unrealistic. The support worker involved in his person-centered plan, suggested and arranged a visit to Heathrow airport once a week. The idea was to find out what interested the young man about being a pilot, was it the flying, planes or uniform? After visiting the airport for a couple of months it became apparent that the baggage carousels captivated him. The young man was then supported to get a part time job as a baggage handler. (Todd, 2002) enabling the person to become part of the community. In a way that values their human rights, gives them independence and choice. Person centred planning has a particular approach that can be used for different individuals in different situations. The four main tools that can implemented include: McGill Action Planning System (MAPS), this process is a useful tool for gathering information in the early stages of planning, helping to identify the person talents and needs. ELP (Essential Lifestyle Planning) is more commonly used to plan for people who are moving out of instititionalised care. Personal Futures Planning is less service based, tending to be used for building relationships with family, friends and fitting into the wider community. PATHS (Planning Alternative Tomorrows and Hope) is used to develop an action plan for the individual. (Stalker and Campbell, 1998, Sanderson, 2000) People with learning disabilities can have communication problems and should not be disregarded from having person centred planning for that reason. There are various techniques that can be used allow a person with a learning disability to communicate in their ideas for the plan, such as Makaton, talking mats, sign language and picture banks. (Grove, 2005) the plan can be done any format that is accessible to the person such as a written document, a drawing or mind map with images or an oral plan recorded on to a compact disc. Plans are the updated when the person wishes to make a change or when they have achieved their goal. Person centred planning is for eveyone, not just for people who can communicate. As it can engage participants personally by allowing them to hear of deeply felt hopes and dreams and fears, even if the person feels they are silly. As the planning process allows the person to break free from the misconceptions and conventions that can harness their future. Some examples of peoples dreams were a young man wanted a trip to Mexico as part of his vision. Another is taking guitar lessons as a way to achieve his goal of being a country and western singer. An older woman, in her plan, decided to retire. Another is taking art classes and learning to paint watercolours. Starting a business, going to college or university, buying a house, these are all things that are possible through person centered planning. (ne-pdd.org) Person centered planning has helped people achieve empowerment is their choice to form relationships, get married or have children. People with learning disabilities have the same need for love and relationships as do all human beings. However this need is not being met for people with a learning disability. Literature on the subject provides information about sexuality in regards to learning disabilities, however it seems to focus on disability and sexuality from the perspective of it being a problem. (Parritt, 2005.) This negative view of people with learning disabilities and sexuality stems from the historical perspective of learning disabilities, where people with disabilities were placed in institutions and segregated (Potts and Fido,1991) This level of control can still be seen today with professionals and families trying to discourage intimacy and relationships, viewing the person with a disability as vulnerable, seen as the eternal child (McCarthy, 1999) Mrs Susan Hurst and Mr Frank Hurst tell their story of Our Wedding, Our Dream where person centred planning enabled them to get married. Mrs Hurst states, some people felt there wasnt a need for us to get married but we wanted what every one else hadà ¢Ã¢â€š ¬Ã‚ ¦Getting married had always been our dreamà ¢Ã¢â€š ¬Ã‚ ¦. (csrpcp.net) Mr. and Mrs. Hurst describe how the tools of person centered planning enabled them to identify both their hopes, goals and dreams for the future this enabled them both too make all the decisions in planning for their wedding. Mr and Mrs Hurst explain that they even planned their honeymoon and travelled to their honeymoon destination without the aide of support workers, as person centered planning had enabled them to plan ahead of the difficulties that might occur and how the couple would resolve them when on holiday. Without Person centered planning Mr and Mrs Hurst would never have been able to get married or go on honeymoon. Mr and Mrs Hurst felt that person centered planning helped them to achieve their goals enabling them to feel in control of their lives, allowing them to choose their human right to get married and respect for private and family life. (csrpcp.net) There is legislation that supports the rights of people with learning disabilities to have fulfilling relationships and sex lives if that is their choice. (Article 8) states that every human being has a right to respect for private and family life. The Disability Discrimination Act (1995) gives people the right to access family planning clinics and advice centers. People with learning disabilities should be accepted as people who have the same capacity for loving as others in society.(Lesselliers, 1999) Loneliness and isolation may occur through the lack of opportunity to have loving relationships. Therefore person centred planning can enable people with learning disabilities to be empowered by allowing them to make these decisions and choosing how they want to live their lives. person centred planning improves the person quality of life. Increasing the persons right to empowerment through the right to work where they want, where they would like to live and increasing their social network by letting them choose how they would to socialise. (Whitney-Thomas et al., 1998). Relationships improve for the person at the centre of the planning, as they became more motivated and goal oriented. As the participation process allows friends and family to join in the planning and help the person achieve their goals. Parents also reported that person centred planning had such an impact on their familys lives, that they choose to become involved in training other families in the importance of person centered planning. As person centred planning is designed to focus on one person at a time, it increases the potential to broaden opportunities for people with learning disabilities in gaining the life they choose. As Person centred planning allows the person to choose how, when and where they want support or services delivered rather than the standard one size fits all approach. (OBrien Lovett, 1993). However there are limitations to person centered planning for people with learning disabilities. Insufficient funding and resources can hinder the planning process persons and their opportunity to achieve their goals, leaving people disillusioned with the process. Person centered planning requires trained and well equipped staff who are knowledgeable about inclusion, rights of people with learning disabilities and how to help empower people by directing them. As people can lose trust in centered planning if these values are not upheld. (Kinsella 2000), Person centered planning can take time to achieve targets, it is not suitable for people who require emergency planning where action needs to take place in a few days. The process is not a quick fix (OBrien Lovett, 1993). In conclusion people with learning disabilities have suffered from disempowerment in the past as a result of institutionalised care. However person centered planning has enabled people with disabilities to become empowered by allowing them to make their own choices and be fully supported about how they would like to live their life. By allowing people with learning disabilities to choose their right to employment through what job they would like to work, this in turn empowers them by gaining fiancial independence and increased self confidence, as well as learning skills and getting to meet new people. Person centred planning has allowed people to gain their right to family life and marriage, by allowing people to plan their own wedding and honeymoon giving them independence to start married life. Therefore person centered planning creates positive effects that go beyond effective planning. In that it allows people to be listened to and what is important to them. However this is only effective if what is recorded on the plan is acted on, as people will lose faith in person centered planning if no action comes from their choices.

Wednesday, November 13, 2019

Audience Perception of the Stereotypical Black Image on Television Essa

Audience Perception of the Stereotypical Black Image on Television In the introduction to the section on understanding social control in Race, Class, and Gender in the United States, Paula Rothenberg states â€Å"The most effective forms of social control are always invisible†(507). One of the most prevalent forms of invisible social control the creation and perpetuation of stereotypes. Studies have shown that stereotypes can become so ingrained in the minds of those exposed to them that the target of the stereotype might not only believe the mythological image, but also inadvertently act out the image they are expected to play (Snyder). In addition, those who subscribe to the stereotypical images of others will â€Å"notice and remember the ways in which that person seems to fit the stereotype, while resisting evidence that contradicts the stereotype†(Snyder 514). Stereotypes control by creating false images that work to maintain the status quo and keep those who hold power in their positions of power.   Ã‚  Ã‚  Ã‚  Ã‚  For stereotypes to be an effective method of social control, they must be created, dispersed and perpetuated. Though the process of using stereotypes as social control is invisible, as Rothenberg declares, the distribution of those images is anything but invisible. The average American watches between 30-31 hours of television per week (World Book). That constitutes the number of hours for a full-time job. This statistic illustrates that television is an incredibly powerful medium for dispersing information, entertainment, and misinformation: â€Å"negative images of African-Americans propagandize misinformation about African-Americans†(Cosby 137). Misinformation about disadvantaged groups in America has historically found plenty of airtime on television: â€Å"television brings to an otherwise heterogeneous audience a single set of values and social descriptions produced to the specifications of the owners of the broadcast industry and their advertising sponsors†(Matabane 21). These images have been shown to affect the way these groups are perceived and acted towards by the white mainstream (Ford 1997). The combination of the prevalence of negative images of minorities and the scientific proof of the effect these images on the behavior of the majority group lead to an invisible form of social control perpetuated through a most visible medium. Th... ...African-Americans on Person Perception.† Social Psychology Quarterly. 60. 1997 (266-278). Frye, Marilyn. â€Å"Oppression.† Race, Class, and Gender in the United States. Ed. Paula Rothenberg. New York: Worth, 2001 (139-143). Gray, Herman. Watching Race. Minneapolis: Univ. of Minnesota, 1995. Lewis, J. and S. Jhally. Enlightened Racism. Boulder: Westview, 1992. Malik, Sarita. Representing Black Britain: Black and Asian Images on Television. London: Sage, 2002. Matabane, Paula. â€Å"Television and the Black Audience: Cultivating Moderate Perspectives on Racial Integration.† Journal of Communication 38(4). 1998 (21-31). Ross, Karen. â€Å"In Whose Image? TV Criticism and Black Minority Viewers.† Ethnic Minorities and the Media. Ed. Simon Cottle. Buckingham: Open University, 2000 (133-147). Rothenberg, Paula. Ed. Race, Class and Gender in the United States. New York: Worth, 2001. Snyder, Mark. â€Å"Self-Fulfilling Stereotypes.† Race, Class and Gender in the United States. Ed. Paula Rothenberg. New York: Worth, 2001, (511-517) World Almanac & Book of Facts 2003, p282, â€Å"Statistics on the average number of hours Americans spend watching television per week as of October 2001.†

Monday, November 11, 2019

Cash Flows and Financial Statements at Sunset Boards

CASH FLOWS AND FINANCIAL STATEMENTS AT SUNSET BOARDS Below are the financial statements that you are asked to prepare. 1. The income statement for each year will look like this: | Income statement| | | 2008| | 2009| | Sales| $247,259| | $301,392| | Cost of goods sold| 126,038| | 159,143| | Selling & administrative| 24,787| | 32,352| | Depreciation| 35,581| | 40,217| | EBIT| $60,853| | $69,680| | Interest| 7,735| | 8,866| | EBT| $53,118| | $60,814| | Taxes| 10,624| | 12,163| | Net income| $42,494| | $48,651| | Dividends| $21,247| | $24,326| | Addition to retained earnings| 21,247| | 24,326| . The balance sheet for each year will be: | Balance sheet as of Dec. 31, 2008| | Cash| $18,187| Â  | Â  | Accounts payable | $32,143| Â  | Accounts receivable| 12,887| Â  | Â  | Notes payable | 14,651| Â  | Inventory| 27,119| Â  | Â  | Current liabilities | $46,794| Â  | Current assets| $58,193| Â  | Â  | Â  | | | Â  | | Â  | Â  | Long-term debt | $79,235| | Net fixed assets| $156,9 75| Â  | Â  | Owners' equity | 89,139| Â  | Total assets| $215,168| Â  | Â  | Total liab. ; equity | $215,168| In the first year, equity is not given. Therefore, we must calculate equity as a plug variable.Since total liabilities ; equity is equal to total assets, equity can be calculated as: Equity = $215,168 – 46,794 – 79,235 Equity = $89,139 | Balance sheet as of Dec. 31, 2009| | Cash| $27,478| Â  | Â  | Accounts payable | $36,404| Â  | Accounts receivable| 16,717| Â  | Â  | Notes payable | 15,997| Â  | Inventory| 37,216| Â  | Â  | Current liabilities | $52,401| Â  | Current assets| $81,411| Â  | Â  | Â  | | | Â  | | Â  | Â  | Long-term debt | $91,195| | Net fixed assets| $191,250| Â  | Â  | Owners' equity | 129,065| Â  | Total assets| $272,661| Â  | Â  | Total liab. & equity | $272,661|The owner’s equity for 2009 is the beginning of year owner’s equity, plus the addition to retained earnings, plus the new equity, so: Equity = $89,139 + 24,326 + 15,600 Equity = $129,065 3. Using the OCF equation: OCF = EBIT + Depreciation – Taxes The OCF for each year is: OCF2008 = $60,853 + 35,581 – 10,624 OCF2008 = $85,180 OCF2009 = $69,680 + 40,217 – 12,163 OCF2009 = $97,734 4. To calculate the cash flow from assets, we need to find the capital spending and change in net working capital. The capital spending for the year was: | Capital spending| | Ending net fixed assets| $191,250| | – Beginning net fixed assets| 156,975| | + Depreciation| 40,217| | Net capital spending| $74,492| And the change in net working capital was: | Change in net working capital| | Ending NWC| $29,010| | – Beginning NWC| 11,399| | Change in NWC| $17,611| So, the cash flow from assets was: | Cash flow from assets| | | Operating cash flow| $97,734| | – Net capital spending| 74,492| | – Change in NWC| 17,611| | Cash flow from assets| $ 5,631| 5. The cash flow to creditors was: | Cash flow to credito rs| Â  | | Interest paid| $8,866 | – Net new borrowing| 11,960 | | Cash flow to creditors| –$3,094| 6. The cash flow to stockholders was: | Cash flow to stockholders| Â  | | Dividends paid| $24,326 | | – Net new equity raised| 15,600 | | Cash flow to stockholders| $8,726| Answers to questions 1. The firm had positive earnings in an accounting sense (NI > 0) and had positive cash flow from operations. The firm invested $17,611 in new net working capital and $74,492 in new fixed assets. The firm gave $5,631 to its stakeholders. It raised $3,094 from bondholders, and paid $8,726 to stockholders. . The expansion plans may be a little risky. The company does have a positive cash flow, but a large portion of the operating cash flow is already going to capital spending. The company has had to raise capital from creditors and stockholders for its current operations. So, the expansion plans may be too aggressive at this time. On the other hand, companies do need capita l to grow. Before investing or loaning the company money, you would want to know where the current capital spending is going, and why the company is spending so much in this area already.

Saturday, November 9, 2019

Adolescence Acting Out In Group Theraphy

Acting-out means performing an act that expresses emotional conflict in the individual. The emotional conflict may be subconscious. The actions done in acting out are usually antisocial and are meant for getting attention. Behaviors acted out include drug taking, or behaving promiscuously.Actions in this category are harmful to the individual and stand in the way of the individual developing constructive behavioral responses to feelings. Acting out is the opposite of response to feelings in ways like talking out, or psychodrama. (Blatner, 1996)This behavior happens within group processes and is studied in group dynamics which is the study of groups. The group dynamics study’s primary concern is small group behavior. A group is a number of individuals who are brought together by social relations. Groups develop peculiar dynamic behaviors among its members due to their close interaction.According to psychoanalysis findings by Sigmund Freud, human actions can be explained by look ing at the conscious and the subconscious part of the mind. The unconscious is a section of the mind that is not immediately connected to perceptions but is a store of a persons past experiences. The past experiences come out of the unconscious to the conscious and in a way affect our personalities.The imperative here is that the motivations for acting out are beyond conscious control. However the motivations can be accessible through inference on behavior as the actions are believed to be the expression of repressed material. (Jones, 1973)The term used to describe the relation of experiences from one interpersonal setting to another is called transference. It deals with revisiting past experiences in existing circumstances. The relation of past and present behaviors are established by other people who come into contact with the individual. The individual will be discovered to be trying to address the unresolved issues from his/her past.  In this paper, group therapy is tackled on the basis of psychotherapy, and psychoanalytic studies. Psychotherapy is the field that specializes in investigating the manifestations of relations of past actions on the present actions with aim of helping the persons overcomes the influence. Psychotherapists look into the unconscious projections of transference.In psychoanalytic study transference is seen as a source of conflict and as one of the influences of choices in life including occupations. They lead a person to be interested in certain things like settings, and people. It therefore unites the past and the present.A good understanding of transference helps psychotherapists understand the causes of some human behavior more clearly in order to be able to implement effective interventions. According to Sigmund Freud the formative experiences of a person are critical, and relationships of childhood years are reflected with other significant ones through life. The earlier events come out in repeated difficulties in relationsh ips and dreams.Lack of happiness and conflict can in this case be understood through knowledge of unconscious human motivations. (Nickel, 1987)The repressed materials are thus acted out. Interpretations of acting out of individuals vary with the contexts under which they act, and the audiences that witness the actions. In the context of parenting acting out is literally understood. It means acting those desires that are forbidden by the society.According to psychoanalysis study the laws in the society make the Superego and a person’s body of desires is called the Id. The Superego acts on the Id to make a person behave in socially acceptable manner. Freud used the theory of psychoanalysis to devise ways of treating patients with mental problems.  The initial desires of the individual are replaced with socially accepted behavior in a process called sublimation. However, in acting out the individual goes contrary to the authority of the superego on the Id. Acting out entails c oping with pressure by giving in to the desires of the Id. The person who acts out their desires do it with little or no regard to their conscience and with little thought.Hence the acts are either deliberately bad or unpremeditated wrongdoing. Even when the people are aware of their wrongdoing they try to protect themselves against the society’s censure by hiding their deeds. Other coping mechanisms that use are such as denial which is used to protect one from feelings of shame. (Freud, 1972)Acting out in essence is handling pressure by giving in to the desires. It is however not actually coping, for coping mechanisms try to handle pressure and not conforming to it.Acting out is the opposite of sublimation. Unlike in sublimation where the desired action is replaced by another socially acceptable activity, here the desire is acted out bluntly. Such things as temper tantrums are episodes of acting out. At the early age the children have not developed communication means for th eir distress feelings.Thus they use tantrums as an effective means of alerting parents of their needs and commanding attention. But then when the children pass through the society they learn to get attention through strategies that are socially acceptable and that are constructive.It is then interesting that the behavior of acting out shows again during the years of adolescence in many youths. It comes in the form of acts of rebellious nature such as smoking, and drug abuse that can be seen as a cry for recognition.The youth may be disruptive, a behavior that is caused by an inability to control emotions in other ways. During adolescence emergence of antisocial and criminal behavior occurs. This behavior goes on into adulthood with considerable loss that comes from the action to the individual, families and also the community. Attempts to identify risk factors of antisocial and criminal behavior have been done with aim of preventing the problems.Some of the risk factors are identifi ed in the years of beginning primary school. At this age there is identified difference of acting in that two groups are found. The groups are the antisocial and social. From this age there is difference of behavior between the two groups. In mid childhood the antisocial group manifested higher levels of acting out, and showed more trouble behaviors like hyper action and aggression. They were also found to act in manner craving for attention.Problematic behavior continues in late childhood. The children continue showing problematic behavior. They also become less cooperative; have lesser self control, as well as poor communication with their parents. At this age the children probably have acquired friends who practice antisocial behavior. During adolescence, the antisocial group gets more significantly different from the social group.The differences between the groups were centered on aspects of temperamence such as negativity, low persistence, volatility, involvement in risky activ ities, and acting out. Acting out is a manifestation of all the other aspects of the individual psyche at this time.A study on the prevalence of HIV and AIDS among Australian youths illuminates the study of acting out. Heckerman in the report of the study states that there has been an increase in infection rates of youths with the deadly HIV through engaging in promiscuous behaviors. The rate of levels of adolescents who are infected with the HIV has increased in the past ten years, in spite of the education on the disease being taught in the schools and family courses.With the teens receiving this information it becomes a matter of concern that the rate of infection continue to rise.  Ã‚   However, studies show that knowledge and behavioral changes are not directly correlated.   It has been established that despite the youths having adequate knowledge on HIV, the knowledge does not influence a change of risky sexual behavior.It is seen here that the youths who act out by resort ing to risky social behavior have influence that is manifested in the subconscious. (Heckerman, 2002)  In an essay on group analysis Rosenthal relates the issue of the persistent influence of subconscious on the actions of the individual on an aspect of psychoanalytic study called resistance. Resistance is understood to be an inadequate, wrongly adopted, and an indirect manner of self revelation.Using the media of resistance the psychoanalytic patient tips that he/she cannot engage in verbal communication with emotional significance. (Rosenthal, 1979).Analytic treatment exacts great demands for efforts on the part of the patient as it does on the physician. They are both demanded to overcome their inner resistances. By overcoming the resistances the patients’ mental, life is changed permanently.The patient is hence lifted into a higher level of development and remains above possibilities of regression. It takes effort to overcome the resistances as the analytic treatment is achieved. (Freud, 1916)In the essay above it has been seen that the phenomenon of acting out has got many sides to itself. A clear understanding of the concepts of transference, resistance, psychotherapy, leads one to a better understanding of the concept of acting out and helps in discerning the processes involved in the minds of those who act out and hence help in administering group therapy.References Blatner, A. (1996). Acting-in: Practical Applications of Psycho-dramatic Methods.Springer Publishing Company.Freud, Sigmund (1922) Group Psychology and the Analysis of the Ego. New York: Liveright Publishing.

Thursday, November 7, 2019

The Touch of God (A Testimonial Story) Essays

The Touch of God (A Testimonial Story) Essays The Touch of God (A Testimonial Story) Essay The Touch of God (A Testimonial Story) Essay My life has consisted of ups and downs just like it would be in anyone’s life. I grew up in the church and knew who God was. It wasn’t until my parents’ divorce, when I started turning more and more to God; and God answered with the simplest thing a touch. It all started on a local mission trip ran by the local Baptist Church. The event was a week long. The purpose of this event was to help families that lost parts of their house during Hurricane Ike. We helped a single mother build a carport and a front porch; also we helped this elderly couple rebuild their whole bottom of their house. I was paired with the group that went to build the carport and porch. The house was fairly old and clearly needed some work. So as the first day went by everything went smoothly we had started on the carport. When we came back to the church it was time for supper and worship. The second day we had started progressing more and more toward the completion of the carport. It was frame day, that meaning that we had lumber to frame out the carport. Anytime you are messing with lumber of any sort that has not been sanded; you are most likely to run into some splinters, and that’s exactly what became my problem. Man oh man them splinters torn me up that day; but it was all for a great cause. The third day we were getting the carport handled so a group started on the front porch I did not take part in that project because of all the splinters the day before, so I just stayed working on the carport. As the day progressed on it got really bad for me due to the fact that more than half of my swings I took nailing I ended up smashing my fingers talk about holding back some very vulgar words, but all in all I got the job done. Then the fourth day came around this was the last day of the mission we finished the carport and the porch; also we fixed up some foundation problems with the house. We finished the house around one that afternoon. Then we got a call