Friday, November 29, 2019

It Role in Green Economy free essay sample

Green Economy: We depend on the earths natural resources that have a limited capacity to regenerate and renew itself, forcing us to design an economic model which is good in conserving energy, natural resources, reducing emissions, reducing pollution and at the same time providing Jobs to people. This kind of a design leads to the Green Economy which is a clean energy economy. It aims in providing: Renewable energy sources such as wind and solar energy and the efficient use of it. Green buildings which uses environment friendly and recyclable materials 0 Recycling of waste-to-energy, recycling of water and it also encourages the production and marketing of cleaner technologies such as less power consuming fluorescent light bulbs. Trends in Green Economy: There are various trends that shape the green economy and helps in building a sustainable eco-system. Construction of building with renewable resources and recyclable materials called as green building are being encouraged. We will write a custom essay sample on It Role in Green Economy or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Many movements and companies like Dell, Toyota and Honda have restructured their business strategies to support a green economy. Recent happenings such as depletion of topsoils, sudden increase in water levels, melting of glaciers, poisoning of fresh water supplies and ozone layer depletion has aroused the fear in the minds of people and has forced them to know the importance of green economy. Various sectors such as solar-energy, wind-energy and organic products manufacturing are increasing and the people have started to show interest in buying green products. Importance and Impacts of Green Economy: The Green Economy can act as a good solution to sort out many problems such as Job losses due to economic crisis, low-carbon emission, drastic climatic change and efficient use of energy. It provides Jobs in the construction industry by introducing the technique of insulation of homes and it also helps in efficient use of energy. In addition to this, shifting the money spent on transport to a very efficient form such as creation of public transport which can reduce the carbon emission will also be very helpful. Information Systems: Stair and Ralph(2006) says that, Information system(lS) is a set of interrelated components that collect, manipulate and disseminate data and information and provide a feedback mechanism to meet an objective. Information system plays different roles in everyones day to day life and its effect on green economy is also a important point. Role of information systems in Green Economy: Learning about green economy Just can t help in building the same, it needs a tool, a system that can nalyze the current system and helps in developing the green economy which brings in the role of Information Systems. Information system can play a vital role in developing a report which analyses the cause and helps in reducing air and water pollution. According to an article published on ibmsystemsmag website on June 2009, The San Francisco Public Utilities Commission (SFPUC) reduces water pollution with the help of a software from 18M. Information systems can also help in proper energy

Monday, November 25, 2019

Leadership portrated in the movie, Crimson Tide.

Leadership portrated in the movie, Crimson Tide. Introduction.Set in Archbury Airfield, England, during World War II, "Twelve O'Clock High" is full of engaging individuals whose character development reveal insights into the different approaches to leadership and their resultant effectiveness. The movie centralizes on the American 918th Bomber Group, a flight crew suffering from low-moral, dismal performance and "hard luck" after several unsuccessful flight missions. However, their luck drastically changes under the leadership of a dedicated, relentless general bent on boosting the crew's morale and performance though self-actualization, motivation and pride.Many characters in this report display exemplary leadership qualities, but also highlight poor elements of leadership whose contrast sheds light on what truly makes an effective leader. Keith Davenport is the compassionate general and comrade to the 918th flight crew, who, after several mission mishaps with high crew and aircraft losses, is replaced by General Frank Savage. Sav age is a disciplined hard-ass who whips the flight crew into shape by introducing discipline, direction and structure within the 918 flight crew.They Don't Know (Savage song)Through it all, Major General Pritchard, the 'higher-up' in charge of delegating authority, reveals snapshots of leadership that his role plays towards the eventual success of the 918 flight crew.This report will highlight and compare these character's roles and approaches to leading the 918th crew towards self-actualization, success and excellence. Namely, this report will emphasize the four crucial elements of being a good leader that they display throughout the course of the movie: taking charge, maintaining strategic vision, communications and teamwork, and personal integrity. These components of leadership will be discussed in detail with supporting examples to reveal more insight into the crucial elements that make up a good leader.Taking Charge.An effective leader possesses the will, desire and the know-h ow of how to take charge in any situation. Prime examples...

Friday, November 22, 2019

Article on issues addressing a contracting issue Essay

Article on issues addressing a contracting issue - Essay Example In this paper the study of Akintan & Morledge will be discussed with its potential use in the defense sector. In the particular sector the challenges for those involved in contracts can be many. By improving the relationship between contractors and sub-contractors in the above industry the risks related to the industry’s contracts would be significantly limited. For Akintan & Morledge (2013) the current structure of ‘traditional construction procurement’ (Akintan & Morledge 2013 p.1) favors main contractors. Sub-contractors, in opposition, are left with no particular power to intervene in the construction process, even if the development of construction projects is quite demanding and the non-involvement of sub-contractors increases the risks for failures (Akintan & Morledge 2013, p.1). After highlighting the particular problem Akintan & Morledge (2013, p.2) present the benefits that the effective collaboration between contractors and sub-contractors would have in the construction industry. These benefits could also refer to other industries where a similar problem, i.e. poor collaboration between contractors and sub-contractors, appears. At the next level, Akintan & Morledge (2013) try to analyze the potential causes for the conflicts developed between contractors and sub-contractors. Emphasis is given to the key criterion on which contractors tend to choose their sub-contractors: price (Akintan & Morledge 2013, p.3). Building a business relationship only on this criterion can result to many risks as no room is allowed for trust and communication to be developed (Akintan & Morledge 2013). Other practices of contractors that increase the chances for conflicts between them and sub-contractors are the following: a) too strict contracting terms, b) most of risks related to the contract are transferred to sub-contractors and c) the use of ‘professional stereotypes’ (Akintan & Morledge 2013, p.3); in the context of

Wednesday, November 20, 2019

Persuasive Speech Assignment on seat belt Essay Example | Topics and Well Written Essays - 750 words

Persuasive Speech Assignment on seat belt - Essay Example I also referred to my speaker notes occasionally and glance at the presentation regularly to ensure that I was presenting the right content for each slide. So as to make the presentation more interesting, I ensured that I gesticulated. I also made use of my other body parts in application of whatever I have previously learnt about non-verbal communication. One of the things that make the audience get bored during a presentation is monotony. However good the content of the presentation may be, the audience will be distracted by a monotonous voice. In order to ensure that my presentation overcame monotony, I varied my tone and volume. My presentation was well organized. Each slide was not overcrowded with words. Also, each slide was dedicated to a subtopic. Essentially, this was done to ensure that my presentation and speech was well organized and flowed seamlessly. I believe that my presentation was a great

Monday, November 18, 2019

Managerial roles and responsibilities Coursework

Managerial roles and responsibilities - Coursework Example It is their responsibility to ensure that there is an effective flow of information in the healthcare system. They must, therefore, ensure that the equipment and design are efficient enough. A healthcare delivery CIO must be innovative and be able to design and implement the innovation process. This way, they can influence the other healthcare executives (Ball et al. (2013). When the CIO is innovative, the rest will have to follow suit in order to produce good results. A healthcare CIO has the responsibility to oversee the handling of all the data in the healthcare delivery system. This is a huge responsibility considering there is a lot of data to handle in this sector. This includes the medical care data, patient self-service applications as well as other medical uses around the hospital. CIOs are, therefore, required to work together with other stakeholders in order to be successful. Ball, et al. (2013) insist that a CIO takes into account the management of the population health, ensuring that all patients are taken care of appropriately and also in the individual level where each patient experiences an improved service delivery through IT. Additionally, A the CIO ensures that there is a reduction readmission procedure where real-time data is

Saturday, November 16, 2019

Approaches to Economic Development

Approaches to Economic Development THE ECONOMICS OF DEVELOPMENT CONCEPTS AND APPROACHES Meaning of the term ‘Economic Development’ Actually, there are broadly two main approaches to the concept of economic development : The Traditional Approach or ‘The Stages of Economic Growth’ Theories of the 1950s and the early 1960s. The New Welfare Oriented Approach or ‘The Structural-Internationalist’ Models of the late 1960s and the 1970s. 1.  The Traditional Approach : The thinking of the 1950s and early 1960s focused mainly on the concept of the stages of economic growth. Here the process of development was viewed as a series of successive stages through which all countries had to pass. The propounders of this approach advocated the necessity of the right quantity and mixture of saving, investment and foreign aid to enable the LDCs to proceed along an economic growth path. They based their conclusions on the fact that this economic path historically had been followed by most of the more developed countries. Thus, in this period development had become synonymous with rapid, aggregate economic growth. This approach defined development strictly in economic terms and it implied : A sustained annual increase in the GNP at rates varying from 5 to 7 pcpa or more; Such changes in the structure of production and employment that the share of agriculture declines in both, while the share of manufacturing and the tertiary sectors increase. The policy measures that were suggested in this period were the ones which induced industrialization at the expense of agricultural development. The objectives of poverty elimination, economic inequalities reduction and employment generation were mentioned but only as a passing reference. In most cases it was assumed that the rapid gains in overall growth in the GNP would ‘trickle-down to the masses’ in one form or the other. 2.  The New Welfare Oriented Approach: Jacob Viner was probably the first economist (1950’s) to argue that an economy could not boast of having achieved economic progress if the incidence of poverty in that economy had not diminished. But it was in the early 1970’s that economists began to realize that Jacob Viner’s stance was relevant, as nearly 40 % of the developing world’s population had not benefited at all from the rise in the GNP and from the structural changes that had taken place in their respective economies during the 1950’s and 1960’s. Hence, in the 1970s it became necessary to redefine the concept of economic development. This modern approach views underdevelopment in terms of : international and domestic power relationships; institutional and structural economic rigidities; and, the proliferation of dual economies and dual societies both within and among the nations of the world. This approach places emphasis on policies that would lead to the eradication of poverty, provide more diversified employment opportunities, and reduce income inequalities. This approach insists that these and the other egalitarian objectives have to be achieved only within the socio-economic context of the respective growing economy. Thus today, economic development is a process whereby the general economic well-being (especially of the masses) of an economy is affected for the better. Meier defines economic development very concisely as: ‘Development is the process whereby the real per capita income of a country increases over a long period of time subject to the stipulation that the number below an absolute poverty line does not increase and that the distribution of income does not become more unequal’. This definition thus highlights the following aspects of the term economic development : 1.  Development is a PROCESS : Today, development implies the operation of certain socio-economic forces in an interconnected and causal fashion. This interpretation is more meaningful than merely to identify development with a set of conditions or a catalogue of characteristics. 2.  Development is a RISE IN THE REAL PER CAPITA INCOME : Since today the development of a poor country arises from a desire to remove its mass poverty, the primary goal should be a rise in the real PCI rather than simply an increase in the economy’s real national income, uncorrected for changes in the population. Simply increasing the real national income does not guarantee that there would be an improvement in the general living standards of the masses. If the population growth rate surpasses the growth of national output or even runs parallel with it, the result would be a falling or at best a constant PCI and as this would not be beneficial to the masses, it cannot be considered as development. 3.  Development can take place only over a LONG PERIOD OF TIME : This time period is significant from the stand-point of development being a sustained increase in the real income and not simply as a short-period temporary rise, such as occurs during the upswing of the business cycle. The underlying continuous upward trend in the growth of the real PCI over at least two or three decades is a strong indication that the process of development is on the right track. 4.  Development must lead to a DECREASE IN SIZE OF THE ABSOLUTELY POOR : Given the new orientation of the development thought, it is necessary that the quality of life of the masses must improve in fact improve to the extent of actually showing a fall in the amount of people living below the poverty line. This would automatically require, as suggested in the definition, a reduction in the economic inequalities in the economy. To achieve this goal, it is necessary that the policies implemented should actually divert economic power towards the economically vulnerable groups in the economy. The policies should aim at raising the real PCI, causing a diminution in economic inequality (ie., an alleviation if not an eradication of poverty), ensuring a minimum level of consumption, guaranteeing a certain socially relevant composition of the national income, reducing unemployment to a tolerable low level and removing regional development disparities. The framework of development as given by Charles P. Kindleberger and Bruce Herrick reiterates the improvement-of-the-masses emphasis of Meier’s definition. Kindleberger and Herrick maintain that economic development is generally taken to include : Improvement in material welfare, especially for persons with the lowest incomes, the eradication of mass poverty along with its correlates of illiteracy, disease, and early death; Changes in the composition of inputs and outputs that generally include shifts in the underlying structure of production away from agricultural and towards industrial activities; Organizing the economy in such a way that productive employment is general among the working age population and that employment is not a privilege of only a minority; and, Increasing the degree of participation of the masses in making decisions about the directions, economic and otherwise, in which the economy should move to improve their own welfare. The Economic Growth V/s Economic Development dEBATE The stress on the improvement in the quality of life of the masses has made it imperative to distinguish between the growth-oriented approach of the 1950s 1960s and the modern development-oriented approach of the late 1960s 1970s ie., the distinctions between Economic Growth and Economic Development must be highlighted. 1.  Definitional differences : Economic growth is a pure economic process whereby there is an increase in the economy’s GNP due to the increase in the productive capacity of the economy. Economic development, on the other hand, is a multi-dimensional process involving major changes in the social structures, popular attitudes and national institutions, as well as the acceleration of economic growth, the reduction of inequality and the eradication of absolute poverty. 2.  Differences in the objectives : Economic growth aims at: Increasing the size of the GNP, without actually considering the social relevance of the composition of the national income. Removing all the obstacles that could come in the way of increasing the economy’s productive capacity, eg., removing the market imperfections that exist in the economy. Supplying the ‘missing components’ like capital, foreign exchange, technology, skills and management, which are needed for improving the economy’s productive capacity. Hoping that the benefits of the increased capacity of the economy would some how reach the masses. Economic development, on the other hand, aims at : Increasing the availability and widening the distribution of basic life-sustaining goods such as food, shelter, health and protection. Raising the level of living including, in addition to higher incomes, the provision of more jobs, better education and greater attention to cultural and humanistic values, all of which serve not only to enhance material well-being but also to generate greater individual and national self-esteem. Expanding the range of economic and social choice to individuals and nations by freeing them from servitude and dependence, not only in relation to other people and nations, but also from the forces of ignorance and human misery. Thus, we see that the goals of economic growth are rather narrow in scope, while those of economic development are more broad-based in nature and in scope. 3.  Differences in the overall approach : a.  Quantitative versus Qualitative Approaches : According to Kindleberger, economic growth means more output, while economic development implies not only more output but also changes in the technical and institutional arrangements by which it is produced and distributed. Growth involves more output derived from greater amounts of inputs and with greater efficiency; but, development implies changes in the composition of the output and in the allocation of the inputs to the different sectors. Thus, growth is related to a quantitative sustained increase in the PCI accompanied by the expansion in its labour force, consumption, capital and volume of trade, while economic development is related to qualitative changes in economic wants, goods, incentives and institutions. b.  Revolutionary Speed versus Evolutionary Speed Approaches : Economic growth implies a certain degree of rapidity in the change process. Changes are introduced at a brisk rate and without a sufficient preparation of the socio-eco-politico foundations of the economy. Projects are literally imposed on the economy to create a global impression of progress. The masses are either not taken into confidence or are not considered vis-à  -vis the new projects. The rapid changes caused by the ‘Revolutionary Approach’ of economic growth ensure the failure of the system within a short time. Economic Development, on the other hand, adopts a more ‘Evolutionary Approach’ ie., it first ensures that the socio-eco-politico foundations are readied for the change. Hence, when the change actually takes place, it is readily and popularly accepted and supported. Thus, development involves creating a sense of awareness and a feeling of participation among the masses in the economy. This makes the development process painstakingly slow, long and drawn-out but it is this gradualness in approach that actually strengthens the economy in the long run. c.  Only Immediate Gains versus Also Futuristic Gains Approaches : The gains that accrue from economic development are far more sustaining than those made from growth, simply because of the differences in the way the future of the to-be-introduced projects are anticipated, analyzed and appreciated. Economic growth means increasing the economic activities, irrespective of whether the economy can continue supporting the newly introduced economic activity in the long run or not. For instance, along the lines of economic growth, an LDC would increase its current steel producing capacity, but it would not be able to keep up this new capacity for more than a few years. Hence, within a few years, the increased capacity would lay wasting leading to a wastage of scarce resources. Economic development, on the other hand, would consider the future sustaining capacity of the economy before actually increasing the steel capacity. If and only if the economy can continue supporting this higher rate in the future, the capacity would actually increase. Thus, economi c development guarantees that the scarce resources are currently used fruitfully and appropriately. d.  Only Economic versus Also Environmental concern Approaches : Economic growth, due to its rapid approach, more often than not, causes harm to the environment natural and/or social. Projects are undertaken without considering the cascading effects that could follow in the form of natural environment degradation, pollution, overcrowding, increase in crime rate, bottlenecks in infrastructural facilities, etc. For instance, an economy, for growth’s sake, could undertake an irrigational project without either making a thorough study of or without caring about its ramifications on the natural and social environment. Economic development, on the other hand, insists on the conservation and the protection of the natural and social environment. If a certain project could cause any sort of significant damage to the environment, that project would be either abandoned or altered. If the above mentioned irrigational project was approached from the development point of view, its site would be either changed, or its dimensions altered to prevent natural environmental harm; and if there is any sort of social environmental damage, like displacement of the inhabitants, then, rehabilitation projects would be undertaken, in consultation with the affected people. e.  The Trickle-Down versus The Direct-Attack Approaches : Economic growths, primary goal is to increase the productive capacity of the economy massively, irrespective of whether or not the poorer sections would benefit from this higher capacity. In fact, growth works on the assumption that the benefits that accrue from the increase in capacity would some how or the other trickle-down to the masses. Thus, growth makes no deliberate attempt ensure that the benefits do reach the poorer sections of the economy. The objectives of poverty eradication, economic inequalities reduction and employment generation are mentioned but only as a passing reference, as secondary gains that may or may not occur. Growth has a sort of an in-built tendency to bypass those very people in the economy who deserve to be supported the most by it. Economic development, on the other hand, by directly attacking economic misery, ensures that the benefits of the increase in the productive capacity actually reach the masses. The policies aim at diverting economic power towards the economically weaker sections of the economy. The policies directly aim at raising the real PCI, causing a diminution in economic inequality, ensuring a minimum level of consumption, guaranteeing a certain socially relevant composition of the national income, reducing unemployment to a tolerable low level and removing regional development disparities. 4.  Interrelationship between Economic Growth Economic Development : Although economic growth and economic development are indeed very different in their approaches, there exists an inter-relationship between them. It is difficult to conceive of development without growth. In low income countries, for instance, a substantial increase in the GNP is needed before they can hope to overcome their problems of poverty, unemployment and occupational distribution. However, it is possible to have growth without development, as growth is not concerned with the social aspects of an economy. In short, since development is a broader concept it encompasses growth and therefore can be said to be directly related to growth. Thus, development is growth with a human face. References: Todaro, M.Economic Development in the Third World. Chs 1 and 3 Meier, G.Leading issues in Economic Development. Ch 1 (1-A) Misra PuriEconomics of Growth and Development (4th Ed) Ch 1 Jhingan, M. L.The Economics of Development and Planning. (28th Ed) Ch 1 Mukherji, SampatModern Economic Theory Ch 50

Thursday, November 14, 2019

Gay Rights: Homosexuals Deserve the same Rights as Heterosexuals Essay

Homosexual people do not want to have special privileges. They just want to have the same rights as heterosexuals, nothing more, and nothing less. Homosexuals are a growing minority with nearly a million gays and lesbians identifying themselves as members of same-sex couples in the 2000 census. But the total gay population is much larger, since the census didn’t provide an opportunity for single homosexuals to identify their sexual orientation, and didn’t count gay couples who live apart (Mason 1). There are no legitimate reasons why homosexuals should not have the same rights as heterosexuals. Our country disgraces itself when it â€Å"[†¦] accepts homosexuality as a sufficient cause for deprivation of normal civil rights [†¦]† (Nava, Dawidoff 144). If a homosexual is United States citizen, they should receive the same rights as all other citizens, regardless of their sexual orientation. Gay men and lesbians deserve the right to marry, to not be discri minated against, and to be in the military. Marriage is ever changing. Wives are now equal rather than subordinate partners; interracial marriage is now widely accepted; and marital failure itself, rather than the fault of one partner, may be grounds for a divorce (Stoddard 32). With all of these changes would it not be accurate to say that legalizing and recognizing same-sex marriages is the next step? Marriage is more than a commitment to love one another. â€Å"Aside from societal and religious conventions, marriage entails legally imposed financial responsibility and legally authorized financial benefits. Marriage provides automatic legal protections for the spouse, including medical visitation, succession of a deceased spouse’s property, as well as pension and other rights† (Stoddard 4... ...cause there is no law stating it is illegal, but 48 states, all but Vermont and Hawaii, will not acknowledge a gay marriage. If a homosexual is United States citizen, they should receive the same rights as all other citizens, regardless of their sexual orientation. Gay men and lesbians deserve the right to marry, to not be discriminated against, and to be in the military. Does it seem fair to keep all homosexuals from what they justly deserve? References Jackson, Benjamin. â€Å"Anti-homosexual Crime†. Pages 1-2. Southern Poverty Law Center. 2002. Mason, Margie. â€Å"Census Figures on Same-Sex Couples†. Page 1. www.speakout.com. 8/8/01 Nava, Michael, and Robert Dawidoff. â€Å"The Ick Factor: Yes†. Taking Sides. Pages 144-151. 1994. Stoddard, Thomas. â€Å"Gay Marriage: Make Them Legal†. Current Issues and Enduring Questions. Pages 31 – 52. Bedford Books. Boston. 1996

Monday, November 11, 2019

Brittens Assignment

Bernie and Pam Britten are a young married couple beginning careers and establishing a household. They will each make about $50,000 next year and will have accumulated about $40,000 to invest. They now rent an apartment but are considering purchasing a condominium for $100,000. If they do, a down payment of $10,000 will be required. They have discussed their situation with Lew McCarthy, an investment advisor and personal friend, and he has recommended the following investments: The condominium – expected annual increase in market value = 5%.Municipal bonds – expected annual yield = 5%. High-yield corporate stocks – expected dividend yield = 8%. Savings account in a commercial bank-expected annual yield = 3%. High-growth common stocks – expected annual increase in market value = 10%; expected dividend yield = 0. Calculate the after-tax yields on the foregoing investments, assuming the Brittens have a 28% marginal tax rate (based on Public Law 108-27, The Jo bs and Growth Tax Relief Reconciliation Act of 2003). How would you recommend the Brittens invest their $40,000? SolutionWe use the provisions outlined in The Jobs and Growth Tax Relief Reconciliation Act of 2003 to compute the applicable tax rates to be faced by the Brittens – a married couple subject to a 28% marginal tax rate – for the different investment decisions they will pursue. Given that the tax-free yield for each investment has been provided, we compute for the after-tax yield using this formula: After-Tax Yield = Tax-Free Yield x (1 – tax rate). But first, let us determine the tax rate applicable to the Brittens for each of the investments.A. The condominium – expected annual increase in market value = 5%. The 5% increase in market value of the condominium is not subject to taxes. While taxes are set at 18%, the Brittens can expense up to $100,000 of the property pursuant to the Section 179 Expensing, and can take advantage of the bonus depre ciation. Hence, tax rate is de minimis, or maybe assumed at 0%. B. Municipal bonds – expected annual yield = 5%. Any annual yield from municipal bonds is not taxed at the Federal Level.Municipal bonds are usually-tax exempt. Hence, tax rate is 0%. C. High-yield corporate stocks – expected dividend yield = 8%. Dividends received by a stockholder are taxed the same way as capital gain income. The 8% dividend yield, if it qualifies as a qualified capital gain or dividend, will be subject to the 15% tax rate, for the Brittens. D. Savings account in a commercial bank-expected annual yield = 3%. Savings account in a commercial bank is subject to the Britten’s marginal tax rate, which is 28%. E.High-growth common stocks – expected annual increase in market value = 10%; expected dividend yield = 0. High-growth common stocks are subject to 15% taxes. While the yield, which is subject to capital gains tax, is 0, any gain from the disposition of stock is considered a â€Å"gross income†, and is considered a capital gain, which is subject to 15% tax. Using those tax rates, we can compute for the after-tax yields: Pre-Tax Yield Tax After-Tax Yield Condominum 5% 0% 5. 00% Municipal Bonds 5% 0% 5. 00% HY Corporate Stocks 8% 15% 6. 80%Savings Account 3% 28% 2. 16% HG Common Stocks 10% 15% 8. 50% Basing from the after-tax yield itself, the best investment for the Brittens would be the High Growth Common stock. The Brittens’ 40,000 dollar investment may grow by 8. 50% if the whole amount is invested in High Growth Common Stock. However, if we take in to account the risks and the degrees of liquidity, or if the investment could be easily turned to cash. Municipal bonds and savings account (which are guaranteed) for example, while low yield, have low default risks.High yield corporate stocks, and high growth common stocks, while high yield, are subject to the volatility of the stock market, and are very high risk. Stock prices are fluctua ting everyday, and the value of the stock would depend upon the company’s performance and investor interest on the company. The condominium investment is medium risk, since it is also subject to supply and demand – real estate investments, for example, at these times are subject to risk due to the subprime mortgage crisis.

Saturday, November 9, 2019

Cultural Diversity in Nursing Essay

Introduction Cultural diversity in nursing is concept that is derived from nursing and other cross-cultural health-related disciplines such as psychology, sociology and anthropology. Culture is simply used to refer to the belief systems held by groups of people in the society. Therefore, cultural diversity is defined as, â€Å"the differences between people based on a shared ideology and valued set of beliefs, norms, customs, and meanings evidenced in a way of life† (Lowe & Archibald, 2009). Culture influences individual’s behavior, perceptions and also interpretations. Therefore, integrating culture in healthcare is critical. This is in efforts to create a healthcare system that is sensitive to the needs of patients. For that reason, this essay focuses on cultural diversity in nursing by looking at the background of the issue, current trends, significance to nursing profession, controversies and strategies for dealing with cultural diversity. Background and Historical Development of Cultural Diversity in Nursing As defined earlier, cultural diversity refers to, â€Å"the differences between people based on a shared ideology and valued set of beliefs, norms, customs, and meanings evidenced in a way of life† (Lowe & Archibald, 2009). In the healthcare system, there are people from different cultural groups. For instance, we have people from different racial groups, ethnicity, tribe, religion and so forth. This includes both the providers and the patients. To a great extent, our culture defines our practice. The concept of cultural diversity in nursing was first established in 1955 by Madeleine Leininger, one of the pioneers of transcultural nursing. As an area of knowledge, cultural diversity in nursing, also known as transcultural nursing, was aimed at equipping nurses with knowledge that  will help them in delivering culturally appropriate nursing care (Lowe & Archibald, 2009). Madeleine Leininger believed in the diversity and universality of cultural care. For that reason, he established transcultural nursing from the year 1955 to 1975. Madeleine refined the concept of transcultural nursing through the â€Å"sunrise model†. The expansion of the concept continued even after 1975 to present. In 1966, the University of Colorado started transcultural nursing courses. The concept was later established internationally in 1983 (Lowe & Archibald, 2009). Current Trends in Cultural Diversity Currently, there are several issues trending in regard to cultural diversity. Among them is the slow and episodic movement towards cultural diversity in nursing. According to Lowe and Archibald (2009) in the article entitled, â€Å"cultural diversity: The intention of nursing,† the nursing profession was since the introduction of cultural diversity in 1986 focused on provision of cultural-sensitive care. The authors express their concern that despite the continued cultural growth witnessed in the country, the same does not reciprocate inn nursing. The progress in nursing towards creating cultural diversity in nursing has been slow and episodic. Hence, there is need to put efforts in order to expand cultural-sensitive practices in nursing. Another trending issue in respect to creation of a cultural diversified healthcare system is promotion of diversity. According to Pilkington, Singh, Prescod and Buettgen (2013) youth mentorship provides an important avenue for promoting cultural diversity. Through mentoring the youth, they will be equipped with relevant knowledge regarding diversity which will result in creation of a society which embraces diversity. Significance of Cultural Diversity Cultural diversity is a crucial concept in healthcare. Our current society is made of people from different ethnic, racial, religious and tribal groups. All these groups have their own culture. It is worth to mention that our culture affects how we interpret information, our perceptions and even  behavior. These aspects of culture make it important in nursing practice. The patient is always the center focus of care. Hence, the nurse is required to be sensitive to the needs of the patient. It is only through consideration of patient needs that the nurse is capable of establishing a strong therapeutic relationship with the patient. Establishing a strong relationship of trust with patients is important in involving the patients fully in their care (Pilkington, Singh, Prescod & Buettgen, 2013). Among the needs of patients are the spiritual needs. Nurses in some cases will handle patients from different faiths. Under such cases, the nurse might not be aware of some of the spiritual needs of these patients. For instance, let us take a Christian nurse and a Muslim patient. Muslims are supposed to pray five times in a day, and cleanse themselves with water every time they visit a washroom. The failure of the nurse to identify such things may hinder creation of trust between the nurse and the patient. In other words, the nurse will fail to deliver culturally-competent care (Lowe & Archibald, 2009). Therefore, providing culturally competent care is important in efforts to increase patient satisfaction, which translates to improved patient outcomes which signify improvement in quality of nursing care. Impact of Cultural Diversity in Nursing Profession The issue of cultural diversity greatly influences nursing profession and professional nursing practice. Nursing as a profession has for many years struggled to be seen as a field which is aimed at providing optimal care to the public. The profession is determined to be viewed in the light of universality, meaning it embraces people from all cultures. Therefore, by integrating cultural diversity, nursing profession will be recognized and respected in all parts of the world (Lowe & Archibald, 2009). In the nursing practice, cultural diversity is paramount. Every healthcare facility and provider is determined to provide patient-centered care. This is due to the fact that among the six goals of healthcare is provision of  patient-centered care. In order to provide patient-centered care, it is important to understand all the needs of the patient. This includes the culture. The nurse should understand what food the patient takes or does not take his or her beliefs and dressing style, among others. By doing so, the nurse will gain the trust from the patient which is important in the care. Eventually, the patient is satisfied with the quality of care which results in improved patient outcomes (Pilkington, Singh, Prescod & Buettgen, 2013). Controversies Related to Nursing Despite the benefits associated with integration of cultural diversity in healthcare, there are some areas of this concept that have brought about some controversies. Some cultural beliefs or practice are in contrary with the goals of healthcare. For instance, there are some people based on their faith who refuse to take any medication or seek conventional treatment. Hence, under such cases there is a controversy on which way to handle the situation (Pilkington, Singh, Prescod & Buettgen, 2013). The other area of controversy is extreme faiths held by some people. In some cultures, some behaviors such as undressing before someone of opposite sex are considered immoral. Hence, when a nurse from an opposite gender s handling such a patient, there is always some controversy. Enhancing Cultural Diversity in Nursing As noted, cultural diversity is critical in nursing practice. Therefore, there is need to embrace this concept. In order to improve the progress towards establishing cultural competence in nursing, it is important to introduce courses on cultural diversity in nurse training curriculum (Pilkington, Singh, Prescod & Buettgen, 2013). Another way of promoting cultural diversity in nursing is through training nurses on the importance having diversity at workplace. In addition, recruitment of nurses from different cultures will help in enhancing diversity in nursing. My Position Personally, I support the establishment of cultural diversity in nursing. My  position is based on the benefits associated with establishment of this concept. Hence, enhancing cultural diversity is crucial in improving the quality of care (Pilkington, Singh, Prescod & Buettgen, 2013). Conclusion In conclusion, cultural diversity refers to â€Å"the differences between people based on a shared ideology and valued set of beliefs, norms, customs, and meanings evidenced in a way of life (Lowe & Archibald, 2009).† Cultural diversity in nursing is important in improving the quality of care. The concept of transcultural nursing was established in 1955 by Madeleine Leininger (Lowe & Archibald, 2009). American Nurses Association adopted the concept of cultural diversity in 1986. Currently, the progress of nursing profession towards establishment of culturally competent care is trending. Establishing a culturally competent nursing care is an important milestone in improving quality of care. References Lowe, J. & Archibald C. (2009).Cultural diversity: The intention of nursing. Nursing Forum Volume 44, No. 1. Pilkington, F., Singh, D., Prescod C. & Buettgen, A. (2013). Inclusive Mosaic: Promoting Diversity in Nursing through Youth Mentorship. International Journal of Nursing Education Scholarship Vol. 10(1): 1–10

Thursday, November 7, 2019

Sophie essays

Sophie essays Sophies World, by Jostein Gaarder, is a fantasy novel that explores the history of philosophy. It takes place in Norway in the 1990s. Some of the themes in the book are philosophy and free will. Dreams in the book often foreshadow events that occur later. Sophie is the primary narrator but point of view begins to switch between Sophie and Hilde. Albert Knags point of view is also told in a few pages of the novel. The story comes to a climax when Sophie and Alberto disappear from the party. The falling action is when Hilde gives Albert Knag a taste of his own medicine, while Sophie and Alberto explore life as a spirit. The characters are Sophie, Alberto, Hilde, Albert Knag, Sophies mother, Joanna, Hildes mother, Sophies father, Jeremy, and Hermes. Sophie is the main character. She is a creation of Albert Knags, and is meant to be a birthday present for Hilde. She is the same age as Hilde and their birthdays are on the same day. She learns from Albert but she thinks by herself. She is critical of everyone around her. She is very mature for her age and is quite the little philosopher. Although Alberto knows more about philosophy than Sophie, when they escape Albert Knags mind and gain an existence of their own, as spirits existing within Hildes world, Sophie gets along better. Alberto is Sophies philosophy teacher. He is a true philosopher in the fact that he thinks he knows nothing. He values time spent with company that can teach him something. In the beginning he is the one teaching Sophie but in the end they treat each other as equals. He holds onto his ability to think as the one thing that makes him human. He is great at reasoning and thinking things out. Hilde is Albert Knags daughter. She is why Sophie and Alberto were created. She is compassionate. She is willing to believe in things no matter what anyone else thinks, like Sophie. On her fifteenth birt...

Monday, November 4, 2019

How do electric cooperatives impact the local, as well as the national Essay

How do electric cooperatives impact the local, as well as the national economy - Essay Example The electric cooperatives have raised the standard of living for millions of Americans and have contributed greatly to our gross domestic product. Though electric cooperatives had operated sporadically since the early 20th century in the US, by 1935 electric power was available to very few US farmers. In the United States, electric cooperatives were established to bring electric power to rural areas that were not being served by the large public utilities. The large investor owned utilities saw this as a losing venture with few customers per mile of line ("A 2005 Snapshot, 8). However, by 1941, electric cooperatives were serving 35% of the nation's rural homes ("Historical Overview"). The immediate economic impact was to bring business, manufacturing, and commerce to areas that were previously dependent on agriculture and self-sufficiency. The introduction of electricity also placed an increase demand for electrical appliances such as refrigerators, washing machines, and radios. This has been extended to "Alaskan fishing villages, dairy farms in Vermont and the suburbs and exurbs in between" (NRECA). Today, the electric cooper atives in the US maintain 43% of the lines and deliver 10% of the nation's electric needs (NRECA). While the impact on the national e... They provide employment for 67,000 workers in the United States that contribute a payroll of $3 billion to the businesses and commerce of the local area of the cooperatives (NRECA). In addition to providing a direct benefit for the people who are employed in the generation and distribution of electricity, there are also indirect economic impacts. Electric cooperatives supply their businesses through local purchases of the required resources. This can be anything from computers to vehicles. This money circulates back through the local economies and generates a ripple effect through the communities. Construction of major projects, though temporary, contributes a considerable financial input to a local area during the life of the project and can have a significant effect on the local economy (Schunk 5). The economic activity from these business transactions creates local jobs for service and retail businesses. In addition to providing employment and stimulating the local economies around the country, the cooperatives contribute $1.2 billion in local, state, and federal tax revenue (NRECA). These revenues provide relief for the tax system and generate increased economic activity through the funding of federal infrastructure programs. In addition to the direct input of tax revenue, the electric cooperatives receive a smaller federal subsidy than municipal and investor owned power companies. According to Lawrence R. Klein of the University of Pennsylvania, "...all types of utilities (Investor Owned Utilities (IOUs), Municipal Owned utilities and electric cooperatives enjoy some form of subsidy" (qtd. in NRECA). However, the lower subsidy received by the co-ops is substantial and may amount to as much

Saturday, November 2, 2019

The City To Surf Fun Run Case Study Example | Topics and Well Written Essays - 2750 words

The City To Surf Fun Run - Case Study Example The race is conducted in four categories which are Marathon, Half Marathon,  12km Run and 4km Run while each category has two sub-categories for male and female (City 2 Surf b). The event calls for a large number of runners around 60,000 runners from around the world to participate in the run in different groups to promote fast runners. On its 40th anniversary in August 2010 almost 80,000 people joined race making it largest run of its kind (The Sun Herald, 2012). A number of participants have been growing since then and last year 85000 people joined (Richardson, 2012). A similar event is also conducted in Perth state of Australia initiated by ACTIV foundation with the road course of 4km, 12 km and 42 km first initiated in the year 1975. This event is the largest in state and second largest in the nation (City 2 Surf c). This report will conduct the analysis of the event in reference to the project management factors in project management domain. Project Management, first coined in 1950’s has largely grown its domain in years. From the beginning of the topic, it was only confined with planning, budgeting and controlling areas of the given project (Bredillet, 2005) whereas now it has grown to link projects with corporate strategies to enhance corporate competitiveness (Richardson, 2012). For understanding nature of projects, it requires understanding the two fundamental modes in which firm operates; an operational mode and project management mode. In former existing competencies are exploited to increase firms’ competitiveness whereas latter is aimed at researching new opportunities, new competitive advantage by using resources and money (Alojairi and Safayeni, 2009). Difference between both is given in the image below: