Racism & Ethnic Identity Essay

Race is evidently an important aspect in our Australian society today. It is personified in the biological makeup of an individual. Individuals of different racial background differ in physical appearance such as skin color, and facial features making DNA and genes the only cause behind these dissimilarities. Many races have been introduced into this nation since decades and slowly have been recognized such as the Caucasian race and the Asian race. Ethnicity while slightly related to race is based upon a person’s cultural and social expression within an ethnic group; this entails for instance that although one may be of a Caucasian descent born and raised in Australia they also may acquire an ethnic background from Greece and follow the Greek traditions and customs thus making them of Australian-Greek nationality. This paper will recount the different races which exist in Australia as well as some popular ethnic backgrounds which this country has become familiar with whilst narrating and analyzing a number of issues facing ethnicity and race in our society today. The first issue facing ethnicity is the fact which promptly makes individuals assume that other persons of an ethnic descent are liable for criminal omissions. It is often simple for people to identify ethnic members when a crime is involved as it is much easier to classify these individuals due to their distinct physical appearance. Conflict is a natural phase during times of change, however the next issue points out that it can become violent when that particular change is not managed properly and in a just way; such as inequality of the distribution of power which could lead different sections of society against each other and form their own ethnic groups to compete for power in retaliation. Therefore conflict is likely to occur when communication between ethnic, religious or cultural groups deteriorates or breaks down resulting in more conflict and problematic situations. The third issue causing a stir in today’s society is racism or racial discrimination. It is evident that immigrants have been disadvantaged in the work force as well as social welfare simply because of their racial background; the law has developed remarkably over time to protect individuals against racism of any kind. This report will set the main argument of why this has become an integral part for our society with respect to social analysis.

Jetstar Airways Essay

Jetstar Airways is an Australia low-cost carrier airline based in Melbourne, Australia. It is a wholly owned subsidiary of the Qantas Group. Qantas established Jetstar in 2003 as a response to main competitor airline Virgin Australia (formerly known as Virgin Blue). Despite its low cost, Jetstar operates an extensive domestic network and is the world’s largest long-haul low cost carrier. Jetstar operates to destinations in Asia the Pacific Ocean, with future plans of expanding their services throughout Europe. Jetstar currently offers a limited number of connecting services without through baggage checking, and it became the first Australia airline to allow customers to select their seat upon booking. The airline, which participates in the Qantas Frequent Flyer Programme, operates a fleet of Airbus A320-family and A330 aircraft. Mission Statement Jetstar’s mission is to offer all day, every day low fares to enable more people to fly to more places, more often (Jetstar, 2012). Company Objectives  Jetstar is part of the Qantas Group’s two-brand growth strategy, where Qantas competes at the premium and business market and Jetstar focuses on leisure markets. The Jetstar Group is a value based, low fares network of airlines operating in the leisure and value based markets. Jetstar aims to have Australia’s lowest fares on all the routes it operates on. Jetstar has backed its airfares with a Price Beat Guarantee. If any customers find a lower fare elsewhere online, provided it is on the same day, the same route and at a within the same time frame, Jetstar will beat the quoted fare by 10 per cent. Slogan – Low fares, all day, everyday Market Overview Definition of the market Jetstar operates in the low-cost carrier market within Australia. Their target market is the general public, who seeks cheap and accessible airfares and flight availability to travel within Australia. Major competitors include Virgin Australia and Tiger Airways Australia. Market Size Jetstar is currently the third largest domestic Australian airline (by market share) and fifth largest international airline (by capacity share) serving international routes to-and-from Australia (Jetstar, 2011). Jetstar shares its parent’s strong competition with Australia’s biggest low-cost carrier Virgin Australia. Domestic travel accounts for 75% of the airline industry revenue in Australia (Taylor Woodings, 2011) Market Potential The market is currently in the decline stage. From 2007, Australian domestic air travel started with buoyant demand for air travel and high fuel prices boosted ticket prices. However, domestic airlines faced major hurdles when the global economic downturn hit. Higher unemployment and a decline in discretionary income slowed demand for air travel in Australia. In particular, business travellers abandon air travel in favour of teleconferences and e-mail. Demand also weakened as Australians have started to plan travelling internationally. Market Structure The domestic flights market can be considered as an oligopoly. The 3 main companies that have the most market share are Virgin Australia, Jetstar and Tiger Airways Australia. Trends Demographic: Australia is an underpopulated country and is also an ageing. However, over the years the numbers of migrants have been increasing. With the rising number of migrants, there will most likely be an increase in the number of domestic flights demanded since they may want to visit other cities Economic:  Australia currently has the strongest economy in the developed world and it is expected to outperform all comers for at least the next two years, according to the International Monetary Fund (2012). The IMF also forecasts Australia’s unemployment rate to remain low at 5. 2 per cent in both 2012 and 2013. With the Australia having an unemployment rate of only 5. 2%, it can be assumed that people are more likely to have surplus cash and may have plans of flying domestic, whether it be for a holiday or business. Natural: Australia’s changing natural environment has had an impact on the customers, nvestors and Jetstar. Jetstar is committed to minimising its impact on the environment and has introduced various initiatives to address this important issue. On 19 September 2007, Jetstar introduced a passenger Carbon Offset scheme facilitated through the Australian Government’s Greenhouse Friendlyâ„ ¢ initiative. Through the Carbon Offset scheme, Jetstar’s passengers can choose to make their journey carbon neutral by purchasing carbon offsets on all domestic and international services via a seamless single step process at the time of booking at Jetstar. com. Jetstar’s Carbon Offset program is now one of the most successful programs in the Australian airline industry and has raised almost $600,000. About 12 per cent of all passengers booking at Jetstar. com currently choose to offset their share of flight emissions. Jetstar’s Carbon Offset program has proven to be particularly successful on a number of domestic routes, including Sydney-Ballina Byron, which in 2008 has averaged 24 per cent of passengers booking via the web opting to carbon-offset their flight, Melbourne-Ballina Byron (20%), Adelaide-Melbourne Avalon (16%), Melbourne- Hobart (15%) and Sydney-Melbourne Avalon (14%). Our carbon offsets are purchased through Climate Friendly, who has been ranked as the number one carbon offset provider in Australia by the Carbon Offset Watch and is a founding member of the International Carbon Reduction and Offset Alliance (ICROA). Technological: Technology plays a vital role in both the airline industry. In order to have a competitive advantage, it is required that the technology used is up to date. Jetstar is equipping its fleet of A320 and A321 aircraft with the latest satellite-linked navigation system to improve safety and on-time performance. Aircraft fitted with the system known as Required Navigation Performance (RNP) can safely navigate around cloud-shrouded mountains, through valleys and over high terrain when low visibility would increase the chance of flight disruptions. Air Services Australia reported those 4,200 minutes of flying time and 17,300 nautical miles was saved during 1,612 RNP assisted approaches. As a result more than 200,000 kg of jet fuel was saved and carbon emissions were reduced by 650,000 kg. The new navigation aid reduces the time spent circling due to bad weather, which helps passengers arrive on time and cuts our fuel use. Political/Legal: Over the years the rising carbon tax in Australia has affected future plans of Jetstar. Maintaining and running an aircraft is bound to produce a lot of carbon dioxide. As a result Jetstar has started to reduce the amount their carbon footprint by introducing new technology.

Education of women Essay

Daniel Defoe’s essay entitled â€Å"The Education of Women† was written to emphasis the value of education for women should be more than what is was. In para- graph 1 â€Å"†¦ us a civilized and a Christian country† Defoe’s target audience was for men and for those who follow the church and God. Eng- land at this time was dominantly of Christian faith and in this essay Defoe advocates more of God’s will rather than his own to establish his own credibility and moral high ground and Defoe is able to do this by raising this issue in the minds of his Christian  readership. Although there may not be too much weight behind his view on why women needed to be educated, with referencing God throughout the essay it becomes an effective reading with his target audience. He starts with his opinion then refers to God in the next sentence. This is a regular theme from start to finish and this captures his reader’s interest early on. Defoe included this rhetorical sentences in this essay and in paragraph 3 Defoe writes â€Å"the soul is placed in the body like a rough diamond, and must be polished, or the  luster of it will never appear†. His analogy is that if you don’t polish the diamond (women and educating) then they will never shine. In paragraph 3 he uses the term God in his next sentence. â€Å"If knowledge and understanding had been useless additions to the 1 Yorke sex, God Almighty would never have given them capacities; for he made nothing needless. † He states that God made women capable of learning and that none of God’s creation is unnecessary. Defoe believes women should be educated and educating them they would simply  become better wives and companions for men. As an example of this is in paragraph 5, he does not suggest learning practical subjects such as math and science but instead, he says that they should be taught† â€Å"†¦ in particular, Music and Dancing; which it would be cruelty to bar the sex of, because they are their darlings. But besides this, they should be taught languages† He also adds that they should read history books to be more ‘cultured’ so that they can â€Å".. understand the world, and to be able to know and judge of things when  they hear of them. † Defoe’s argument is that women as an equal. In paragraph 7 he writes â€Å"Women, in my observation, have little or no difference in them, but as they are or are not distin- guished by education. † Defoe summarizes in the last paragraph with this rhetorical sentence â€Å"I refer the Practice to those Happy Days (if ever they shall be) when men shall be wise enough to mend it. † Defoe implies that if man can change his views on education for women, then a woman would be educated will be seen as an equal amongst men.

BUS305, Competitive Analysis and Business Cycles Mod 3 Case Assignment Essay

BUS305, Competitive Analysis and Business Cycles Mod 3 Case Assignment - Essay Example mage advertising or institutional advertising designed to create public awareness of the citrus industry and to improve its reputation in the marketplace. Because this task is being undertaken by the Department from a tax paid by citrus growers on each box of citrus that moves through commercial channels, there is no need for individual citrus growers and merchants to advertise independently. According to the website, over 80 percent of the Departments annual budget of approximately 58 million dollars is spent on advertising and promotional activities for Florida citrus in the United States, Canada, Europe and Asia. In this sense, then the Department acts as if it were a single corporate entity with numerous divisions or subsidiaries providing homogeneous products. In terms of demand and supply, the purpose of the Department is to regulate and apply standards of production and quality to meet domestic and international demand for Florida grapefruit. It also serves to promote the product through promotions and advertising, as well as to manage issues that arise. The citrus industry of state acts as if it were one single corporate entity managed by the executives of FDOC. In so doing it will seek to gain the best market share possible and endeavor to improve it over the long haul. By competing in the market for the product with other suppliers, the Florida citrus industry through the FDOC seeks to provide the quantity and quality of the agricultural product in the market at competitive prices. According to the Economics Dictionary, the Organization of Petroleum Exporting Countries is an organization of about a dozen nations that sell oil to other nations. It was formed in the early 1960s but had little impact until the oil crisis in 1973. The goal or purpose of OPEC, an international cartel, is to control the production of oil and to establish favorable oil prices for the member nations. Most OPEC countries, such as Libya and Saudi Arabia, are in the Middle

SECOND PART----Weekend Crime Reports Assignment Example | Topics and Well Written Essays - 750 words

SECOND PART----Weekend Crime Reports - Assignment Example In addition, it is important to note that the paper has not taken crime as a blanket word to show different crimes. Instead, it has dealt with each crime and followed its trend so as to devise different methods of dealing with the particular misdemeanor. Introduction There are several kinds of crime in the area. The city is divided into East, West, North, and South. These sections in the town are characterized by crime whereas others are known for their lack of crime. This paper will point out these particular areas and the exact kinds of crime associated with these sections. It will also explain the patterns of criminal activity within the city. 1. Indeed, most people arrested on a typical night are charged with suspicious behavior. It is not a rare sight to see suspicious people walking around the street. This is especially so for weekends. It is during weekends that people tend to consume alcohol more than usual thus roam around the streets at odd hours looking suspicious (Pollock , 2011). However, on N 1st Avenue the suspicious movements are more than usual. This could be because there is a high concentration of bars around that area. It is also important to note that the suspicious people could also homeless people. This is because homeless people who roam around at night because they do not have anywhere to sleep. It is also important to note that some streets also do not report any incidences of suspicious people. N3rd Avenue, S 2nd Avenue, S 3rd Avenue, S9th Avenue and S 10th Avenue. This can be explained by the fact that these areas are inhabited by people of a low economic status. They are used to having people roam the streets at night and thus do not pay attention. (2008). 2. Burglaries are common in the second shift that runs from evening to late night. The hours between 7pm and 11pm are most susceptible to burglary. This is because at this time there are several people still walking the streets. It is indeed a convenient time for thieves to carry o ut their offenses. In addition, it is important to mention that burglaries are more common at night than during the day. This can be explained by the cover of darkness (Pollock, 2011). Acts of crime are likely to be committed at night than during the day. 3. Cases of domestic violence are however very unpopular within the city. They are rare to come by. Out of the five incidences reported over the weekend, three were reported within the Southern part of the city. Thus, it can be concluded that domestic violence is rare and when it happens it has is random and follows no particular pattern. 4. All crimes seem to be more concentrated in the North region, in particular the North West region in the city. The streets between the 1st and 6th seem to be most prone to criminal activity. This can be explained by the rich people inhabiting this part of the city as well as the gangs (Clarke, 2004). They are also likely to quickly report any bizarre activities within the town. Another explanati on would be that since it is an affluent neighborhood, it is rich ground for criminal acts. It would be recommended that more patrols be deployed to these particular streets. Carjacking are more rampant in the North of the city. Homicides are only found in the North West parts of the city. This could be explained by the gangs. The only robbery was reported in the North West part of the city. DUIs were common in between the Eastern and Western parts of the north

Globalization and Regionalization As The Counteracting Forces Essay

Globalization and Regionalization As The Counteracting Forces - Essay Example Globalization is characterized by economies opening up their local markets for international firms, which then creates a global market ideally open to all countries and firms. On the other hand, through regionalization countries seek to form economic blocks primarily to create preferential treatment for their firms as regards access to each other’s market as well as resources. In essence, globalization and regionalization are forces that act in opposite directions. This paper will demonstrate that the origins and purposes of regionalization are too varied and distinct to be classified as parallel to the process of globalization. Globalization and regionalization: forces in conflict In the contemporary world, various world economies have been pursuing a number of market approaches in an effort to promote their economic growth (for less developed countries) or economic stability (for industrialized countries). Regionalization, or formation of regional trading blocks, has been am ong the major approaches aggressively pursued by countries across the world. The European Union, North Atlantic Free Trade Area (NAFTA) and Association of East Asia Nations (ASEAN) are classic examples of regional trade blocks. As noted earlier, regionalization process gives more focus on certain regions rather than the global economy in general. Regional blocs tend to minimize interactions between different parts of the world, particularly in terms of trade. They in effect tend to threaten the process of globalization. Countries within a regional trade block apply a number of mechanisms to effect preferential treatment of their fellow members, thus giving them a competitive edge over non-members. One of the most used mechanisms is discriminative tariffs. Others are government subsidies, and import quotas, technical assistance (Mucchielli, Buckley and Cordell, 1998). Regional trade blocs are among the most popular the regional integrations developments that have and continue to char acterize the modern world economy. Many countries have joined one or more regional blocks. In furthering their course, members of a regional trade block may go as far as taking such drastic measures as removing both tariff and non-trade barriers between the member states and thus offer complete and unrestricted access to each other’s market and productive resources (Kacowicz, 1998). Since regional blocks are more inclined towards implementation of policies that protects the state members from global competition, it tends to obstruct global trade liberalization. As a result, trade between members of a regional trade block and non-member states suffers significantly. This evidently discourages the process of globalization. Since globalization process is characterized by the move towards free trade and increased interdependence among different economies despite of regional differences, regionalization effectively becomes a powerful force that tend to move opposite to the directi on of globalization (Mucchielli, Buckley and Cordell, 1998). When punitive tariffs are imposed on imports from non-member states, the imported goods automatically become more expensive compared to similar goods from a trade partner within the regional trade block.

Employment Discrimination Assignment Example | Topics and Well Written Essays - 2750 words

Employment Discrimination - Assignment Example These articles present different provisions and protections to employees regarding discrimination in working places. Article nine states two major provisions as highlighted below: †¢ â€Å"Everyone has the right to freedom of thought, conscience and religion; this right includes freedom to change his religion or belief and freedom, either alone or in community with others and in public or private, to manifest his religion or belief, in worship, teaching, practice and observance† (Council of Europe, 2013). †¢ â€Å"Freedom to manifest one’s religion or beliefs shall be subject only to such limitations as are prescribed by law and are necessary in a democratic society in the interests of public safety, for the protection of public order, health or morals, or for the protection of the rights and freedoms of others† (Council of Europe, 2013). Article 14 on the other hand also provides different aspects seeking to provide protection to individuals who might suffer from personal discrimination, either directly or indirectly within the working environment. This article, however, works in accordance to the provisions of article 9. The provision of this article states as follows. †¢ â€Å"The enjoyment of the rights and freedoms set forth in [the] Convention shall be secured without discrimination on any ground such as sex, race, colour, language, religion, political or other opinion, national or social origin, association with a national minority, property, birth or other status†.... These decisions delivered by the European Court of Human Rights could have various implications on the employment context in future. 1st applicant The applicant had been working with British airways for 5years before the introduction of new uniform regulations, which created controversies with her religion. The applicant appeared to fail to conceal the religious symbol displayed, prompting the company to take necessary action. Following the laid down procedures, the company decided to terminate the services of the applicant indefinitely, without pay. The condition set upon the employee was that she would be reinstated when ready to comply with the prevailing regulations. Following numerous consultations, with relevant stakeholders, the company reviewed the regulations and the perceived religious symbol became permitted within specified working areas. The applicant was reinstated into her employment, however, the pending dues, accrued during suspension were denied to the employee. Thi s prompted the filing of legal complaint against the company for discriminative treatment, and breach of article 9. The applicant cited hindrance of the freedom to manifest her religion. The employment tribunal, however, dismissed the claims for direct discrimination on the ground that, the applicant failed to raise the issues of discrimination when the regulation was introduced. The failure by the applicant to present evidence of other individuals complaining of similar discrimination became the ground for dismissal at the Employment Appeal Tribunal. The appellate body dismissed the appeal for indirect discrimination as the applicant never proved of instances where other persons professing similar religious beliefs complained of discrimination from the company’s regulations. This

A Conceptual Model for Evaluating Segments Research Paper

A Conceptual Model for Evaluating Segments - Research Paper Example (1992), the evaluation matrix proposed by Sarabia (1996) and the strategy-aligned fuzzy MADM model proposed by Ou et al. (2009). All three models have departed from the traditional notion that statistical measures can be used to evaluate segments and have embarked on a more flexible and subjective (to the firm) or firm-specific approach to the segment evaluation. It is suggested by the analysis that a synthesis of these three models can potentially produce a holistic tool for evaluating segments; a tool which considers both the internal and external forces and which incorporates the firm’s specific needs. Introduction The evaluation of market segments is one of the most critical aspects in the entire segmentation analysis, given that the segments that are eventually selected by firms need to be attractive, measurable and substantial (Beane and Ennis, 1987; Sarabia, 1996). Segmentation is crucial because it provides a direction for marketing strategies to be developed; on the b asis of segmentation firms design specific marketing activities targeting clusters of the market which are share some degree of homogeneity and which are likely to respond in a similar manner to marketing incentives (Jonker et al., 2004). According to Wind (1978) and Ou et al. (2009) segmentation should be not only approached through statistical measures which only provide a picture of the differences between various segments, but more consistently should be approached through subjective measures as well, which denote the essence of the judgements of the decision makers and as Sarabia (1996) stresses, the distinctiveness of each firm (and each firm’s needs). Thus evaluation of segments becomes of crucial importance because it shows on the one hand the attractiveness of each segment identified but this attractiveness is measured by incorporating the specific-firm aspects as well. In this paper, three models for evaluating segments are presented and assessed in terms of their s trengths in an attempt to synthesize a theoretical framework for segment evaluation. Different Approaches to Market Segmentation Market segmentation is treated differently by many academic researchers and scholars. According to Beane and Ennis (1987) the existence of various approaches towards market segmentation reveals the different viewpoints on the subject. Market segmentation is often viewed as clustering the markets in an attempt to identify segments which can be profitable for business, but is also often viewed as simple categorization of the consumers in groups with no essential meaning attached to them. Segmentation can be treated on the basis of geographical data, psychographics, demographics and behavioural data. Other treatment of segmentation may be based on purchase occasion or even benefit clusters (Beane and Ennis, 1987). The different approaches to market segmentation eventually affect the marketing practices of firms in that they illuminate different dimensions of the customer base or the target segment. For example, a demographic segmentation may be useful in products for which consumption is largely dependent on the demographic data of the market, but unequally neglects other elements of the target market which may also have a close relevance to the consumption. According to Allenby et al. (2002) there are two primary differences in the treatment of market segmentation: the ‘ex ante’ and the ‘ex post’; the ex ante approach indicates an exploration of the drivers behind the consumers’ behaviour while the ex post approach indicates an investigation of the responses of the consumers’ behaviour in the various marketing offerings. In general the different market segmentati

Ancient Mythology and Modern Interpretations Essay

Ancient Mythology and Modern Interpretations - Essay Example The legend of King Arthur and the Knights of the Round Table has followed the Western European civilizations throughout the centuries beginning sometime prior to 1100 A.D. Although the legend changed and developed throughout time, the text that most represents the Arthur legend as it exists today is that brought together in book form by Sir Thomas Malory in 1485 under the title Le Morte D’Arthur. This story itself was developed utilizing many sources existing in Malory’s day including numerous Norman-French romances and an English alliterative epic entitled â€Å"Morte Arthur† (Baines, xi). However, the legend didn’t stop developing with Malory. Even as recently as 1982, authors were developing their own perspective of the Arthur legend in stories such as Marion Zimmer Bradley’s The Mists of Avalon. Movies such as â€Å"King Arthur† have been made as recently as 2004, also attempting to demystify the ancient reality from romanticized, heavily Christian-influenced myth. From Malory’s Le Morte D’Arthur to Bradley’s The Mists of Avalon, the story of King Arthur transforms itself from a heroic, male-centric, Christian-oriented tale of great deeds to a female-oriented retelling of a decidedly non-Christian era and the rise and fall of the man who would bridge the dividing faiths.

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

Strip Club - Personal Statement Example It offers a cross-section of society, and a person will see both the negative and the positive of life when visiting. First, when paying to get into a strip club, you are looked at rather carefully by the bouncer who is normally at the door. He essentially acts as the gatekeeper to stop the too drunk or the too rowdy or the too strange-looking from going in. Once through this door (which is often covered by a curtain) the first thing that a person will notice is the sudden change in lighting, change in temperature and probably a new mixture of smells. First of all, the lighting inside a strip club is often quite dim and often red in nature. The stage on which the various girls strip is deliberately very-well lit however, and the eye is naturally drawn to it and the pole on which a lady is usually draped. A strip club is often kept a quite a hot temperature - higher than the average business. Perhaps this is because the girls need to keep warm because they are obviously less dressed than the employees of virtually any other business. It may also be to get the customers hot and bothered - to make them feel excited and thirsty and thus ready to buy the over-priced drinks. I It is the smell of spilt alcohol, various lotions that the girls use, smoke (if it is one that allows smoking) and generally a rather unclean, but not unpleasant smell, that exists inside a strip club. It is not a gentile place, and the smell shows it. On closer inspection the carpet will be seen to be stained with the rinks spit over many years of patrons coming in and out and not being careful because they are watching the girls. What kind of people are in strip clubs Well, there are some of the desperate type of men that are perhaps the clichs of such establishments as seen in movies. There are usually at least a couple of groups of drunk businessmen in town for the night, escaping their wives. However, there may also be a number of rather normal looking couples who actually go to strip clubs for entertainment. What precisely the women get out of it is not clear, but they seem willing enough to be there. Right by the stage where the girls dance and strip are stools for people to sit on, but often a little further back are longer couches and tables/chairs where people can just chat and drink as in any other bar. Most strip clubs do not force all patrons to sit right by the dancers, and thus there is no pressure to tip the girls if you do not want to. Finally, there is normally very loud music for the girls to dance to and often a rather old, has-been DJ who introduces the songs, the girls and may administer the lap dancing sessions when they occur. Normally the lights change for these sessions, in which most of the strippers offer individual performances for the patrons if they are prepared to pay the money. The bouncers are very much in evidence during these lap dances, making sure that the patrons do not touch the women in any way that they do not want to be touched. To conclude, a strip club is a fascinating place to visit. It offers a unique perspective upon human beings and is a business that offers 'pleasure' in a raw and yet often rather sad sense. The sadness comes from the vague sense of embarrassment that seems to hang around

What event of the 20th century has had the greatest impact on the Essay

What event of the 20th century has had the greatest impact on the world in which we live today Justify your answer and describe the relationship between the ev - Essay Example The Second World War, which raged between1939-1945, although primarily a war between European nations had a ripple effect, and soon countries as far flung as America, Japan, China were actively involved in the war. This war strengthened the notion that wars are conflicts fought between societies, populations and ideologies and not just battles for annexation. This war also had far-reaching impact on the economies of the world and led to the creation of new economic policies which brought about greater affluence as well as advances in science and technology. The world, after 1945, or rather, after the end of the Second World War, had a distinctly different look. Apart from the damage to humans, their habitats and industry, the war led to a re-alignment in the political and social sphere. The division of the world into pro-U.S. and pro-Russia camps emerged and capitalism and socialism began to define economic systems. Up until the Second World War, Germany had dominated Europe and Europe the world, but now the era of European supremacy was over. The age of global supremacy had begun. Europe, which was economically, politically and socially shattered by the war, lay in debris, but from this debris sprung new nations, because the bankrupt European nations could not control their colonies, spread all over the globe. The process of decolonization had begun, and the end of the war saw numerous new nations being added to the world map. One of the most important of these, in terms of impact, was the nation of Israel. It was born out of the idea that Jews needed a place which they could call their own, and since Judaism as a religion, had roots in Palestine, a portion of this Arab populated and Arab speaking land was handed over to the Jews. A resolution passed by the newly formed United Nations Organization partitioned Palestine into separate Jew and Arab states. While the Jews were overjoyed, the Arabs resented this snatching away of their

Budgets Essay Example for Free

Budgets Essay There are certain elements that are to be considered in studying and defining the budget, especially in the field of public administration. These elements include economic, political, and ideological concerns that affect the processes budget goes through. A fourth element that defines budget is societal concerns, which proves to be an important factor for the success of the budget. The budget is said to be economic such that it paints a picture where there is a supply and demand. The supply of funds available for the organization would likewise be met by a demand by its components. The scarcity in funds, as is mostly the situation for finite resources, results to the competition of the different departments for their share in the budget. On the other hand, the political and ideological concerns would mostly be found in the budget process as reflected by the final appropriations. The debate that it has to go through in the respective legislative bodies entails a political and ideological working where each actor would pursue their interests. The last component is the concern for societal welfare. A budget, no matter how big, if it is hounded by cold gigantic infrastructures is said to be a failure. It is important that behind every amount pursued for in the budget, there should be a corresponding impact on raising the quality of life of the people for whom it is intended for. The elements of the budget? economic, ideological, political, and societal? are important elements that play several important roles during the existence of the budget and will continue to serve their purpose to make an effective appropriation.

Reflection on Learning Skills Development

Reflection on Learning Skills Development Learning Preferences Learning is a life long process and can be had in various shapes and forms. It can be based on education, experience, formal training etc. Every individual has his preferred way of learning which can change during the course of his lifetime. Eg. Individuals can prefer class-room learning when they are young and formal training when they grow old. Usually learning based on experience is considered one of the best ways to learn, but George Bernard Shaw (cited in Moyer, 2007) believes that experience doesn’t guarantee learning. He points out that men are wise in proportion, not to their experience, but to their capacity for experience and one needs to pay attention to find the lessons. Formal training is another way to learn and has been greatly successful within organizations over the years. But, Peter Drucker in his article â€Å"Managing Oneself† (HBR March–April 1999; pg 148) doubts the effectives of formal training by stating that training can be an impediment to learning because it is based on the assumption that there is only one right way to learn. Education and class-room based learning have traditionally been a preferred mode of learning. Rapid rise in technology and its applications has meant ready and continuous access to training and business communications which has meant that learning can now be more timely, specific and synchronous (Sullivan, 2003). Today’s generation want to be connected to instant messaging and short, highly-focused training that can be quickly downloaded and accessed via mobile phones, PDAs, or MP3 players(Ware, 2007; pg 58). Every learning technique has its advantages and limitations and the most preferred learning technique depends on variables like age, life-style, receptiveness and responsiveness of the brain, patience etc. Preferred Team Roles Teams have become a key component in organizations; properly working teams are now central to the organizations health. (Fisher at el., 1998) Because of the growing emphasis on team-working, a lot of research has gone into the structure, dynamics and the operations of the team. This has led to segregating team member by their functionality and the roles and responsibilities they entail as a part of the team. Belbin (1981) identified eight different roles within the team with each member complementing the others strengths and compensating for the weaknesses. Belbin classified and named his team roles as: The plant – Is a problem solver and has innovative, creative and unorthodox way of dealing with situations. Has a strong ownership of ideas. The resource investigator – Is the networking member the team that explores opportunities through new and pre-existing contacts. Is an extrovert, enthusiastic individual having good communication skills. The coordinator – Coordinates different activities of the team and acts as a chairperson. Is responsible for most of the decision making and is normally more experienced than other members. The Shaper – Overcomes obstacles with his drive and courage. Thrives on pressure. Monitor-Evaluator – Has good judgment and the ability to look at the bigger picture. Has more strategic focus. TeamWorker – Responsible for avoiding conflicts and making sure the team gels together and coordinates well. Implementer – Responsible for turning ideas into actions. Completer – Is a perfectionist responsible for finishing the project on time. (Belbin, 1993) Attitudes to Decisions making No matter what sector or industry people work in, they have to make decisions. Decision making involves risk because, most often than not, the outcome cannot be guaranteed. By definition, a decision involves choice and therein lie the difficulty- making the right choice. (McGuire, 2002) The degree of risk involved is greater if the decision is made at the strategic level as compared to the tactical and operational level. Normal attitudes to decision making include: Indecisiveness – People try to evade decision making because it involves risk. Faced with choices and being unclear about which one to make leads to indecisiveness and inaction. Over Analysis – Another attitude to decision making can be over-analyzing options to make sure the correct decision is made. Langdon (2001) calls it ‘paralysis by analysis’ syndrome which means inaction caused by too much thinking. Decisions made on past experiences (historical evidence)– Decisions, at times, are also made by on past experiences without considering the current situation. Eg. If faced with a similar problem as in the past, there is likelihood that the decision similar to the one made in the past will be made. Other attitudes to decision making include decisions made in haste and decisions made without proper consultation with others. Leadership and management skills Leadership is the ability to obtain results from others through personal direction and influence and requires management of self and management of others. Leadership and management differ in the way that management is concerned with ensuring things remain as they are and is often done by standard practice and regulation; leadership involves possessing vision, and the ability to communicate that vision. Leaders should possess the following skills Problem Solving – Problem solving involves identification and definition of the problem, generation of a number of solutions that could be accepted, evaluation of alternatives and their outcomes. An important attribute within problem solving is, communication, in particular, listening skills, as various opinions and possible solutions are being generated. The leader has to see the big picture and choose the best possible solution (decision-making). Decision making – Decision making goes hand in hand with problem solving (as cited in the last paragraph). Every aspect of leadership requires decision making. Delegation, for example, requires the manager to decide which individual is suited for specific tasks and how to distribute work in an optimal and best possible way. Communication – It is very important that the leader has regular and open communication with both the customer and the team members. Change-management – Managing change is also vital to effective leadership because changes might be requested by the stakeholders, caused by unexpected events. Therefore, it is important that the leader has the skills to manage and control change and make sure that the impact of change on accomplishing objectives is kept to a minimum. Management skills Independent of the leadership ability, managers has been studied to have different styles. The style chosen by a manager depends on the assumptions that they make about subordinates, what they think they want and what they consider their attitude towards work to be. Managers have to provide direction to the team, the drive and motivation to work as a part of the team, represent the purpose of team working and working as a group. All the components mentioned below are essential traits of a leader. There has been a widespread acceptance that leadership is an essential management component but it has proved to be difficult to identify the elements of effective leadership and how effective leadership relates to good management practices. (James Walke, 2004) It is worth pointing out that there is no one best style of leadership that is equally effective for all circumstances. The best leadership style is the one that fulfills the need of the group the most, while at the same time satisfy the needs of the external stakeholders. Personal Development plan Areas of development Author’s weaknesses lie in the following areas: Delegation skills – The author is not very good at delegating tasks and has an inherent weakness to doubt others capabilities. He is more comfortable when most of the crucial responsibilities and decision making rests in his own hands and where he just tells the team what to do. Communication – Communication in one of the author’s other weaknesses. This takes off from his delegation style, because he believes in centralized decision making and the need to communicate with subordinates or other team members is seldom realized. Negotiation – The author also finds himself lacking in negotiation skills at times. He is good at understanding and knowing the background to the problem but it’s the bargaining phase of negotiation that the author is not very good at (especially in project management environment). Strengths (Key Skills) Author’s strengths lie in: Organization and Planning – The author excels at organization and planning and makes good use of planning tools. He takes time out to decide on the critical activities and the slack and apportion responsibilities accordingly. He has a clear understanding of the tasks ahead and prioritizes tasks according to their order of importance. Motivation – The author is a highly motivated individual who could turn on creative juices, fight against odds and walk the extra mile to reach set goal and attain objectives. Change Management – Embracing change is another one of the author’s positive traits. He has always identified the need to change and how change can be effectively implemented with least resistance. Background Preferred team role The author’s preferred team role based on his capabilities is that of the ‘plant’ (going by Belbin’s classifications). Armed with strong theoretical basics and practical training, he has a strong ownership of ideas. The author also possesses an unorthodox way (out of the box thinking) of dealing things and is always looking for new and better ways to tackle issues and solve problems. He is skeptical to an all-logical approach to problem solving and does not always adhere to norms and proven ways of doing things. Author’s weakness lies in his ability to work under pressure and to consequently avoid situations that may entail pressure. Decision making style The author does make decisions after a proper analysis of the situation and how the decision affects individuals and the organization. His decision making style involves a process of elimination where a final decision is taken after eliminating alternatives. The author’s weaknesses lie in giving minimal consideration to external factors. What is required for decision making is the use of appropriate decision making tools. SWOT (Strengths, Weaknesses, Opportunities and Threats) is one such tool which helps to assess the internal and external decision making environment. Edward de Bono’s ‘six thinking hats’ is another tool for making team decisions. Before making a decision, the author has to make sure that the impact on external stakeholders is also considered. One of the other weaknesses of the author is the tendency to rush with decisions (haste). To overcome this, the author has to make sure that the issue is defined properly, all the information and alte rnatives are carefully considered and all the options weighed and evaluated before the decision is made. Preferred learning style The author’s preferred mode of learning is through hands-on training after having a firm theoretical knowledge of the basic concepts. A good way to learn for the author would be to start with a theoretical learning exercise through a tutor based class-room course and then having to execute the learning with hands-on training under some supervision. This would be an ideal scenario as it blends theory and practice. It might take some extra time to carry out the training, but at the end of it, the author would have added sufficient skills and is likely to be more efficient while working. This will also make sure sufficient time is allocated to train individuals; training is not rushed with and does not cover just one aspect (theoretical or practical). Goals The author sets goals based on his strengths. He makes sure that the goal is specific. A specific goal like improving profitability by 3% in the next financial year gives direction to the efforts. Also the author makes sure that the set goals can be measured (in relative or absolute terms) and are attainable. If goals are far too optimistic (unrealistic) and beyond reach, then it tend to have an adverse effect on motivation. The author only sets goals which he believes can be accomplished. It is made sure that the goal is attained within a specific time frame. Goal setting is a variable process for the author where the goal can be varied depending on external and unforeseen circumstances. Goals are set based on authors past performances and it is made sure that the goals are neither too easy nor too difficult to attain. Planning A plan is devised by the author to attain goals. Firstly, the author lists key skills required to attain the goal along with other requirements and constraints. Then a structure is given to the planning process to bring all aspects of planning together into a coherent, unified process. The planning structure includes analysis of opportunities, identification of aims, exploring of options, selection of the best option, evaluation of the plan followed by implementation and closure of the plan. Opportunities Setting up a goals and giving direction to the career to achieve that goals opens up several opportunities. The first opportunity is to realize the shortcomings and working on improving them. When we list our goals, we build our self-image and we see ourselves worthy of these goals which acts as a motivating agent. (Hosking Bass, 2001) As a result, we try our best to develop the traits and personality that allows us to possess those goals. Improving on weaknesses and learning through experience are the two best opportunities to be gained from the self development process. Progress The author makes use of indicators like Gantt Charts (See Appendix 1) and Network diagrams (See Appendix 2) to track progress. Gantt charts help in setting a time frame that allows carrying out all the necessary steps. The author makes sure that the critical activities are paid sufficient attention and sufficient time is allocated as ‘slack’. Authors skill set also includes soft skills such as impulse to lead and attain objectives, anticipatory skills to adjust the goals according to the changing environment and empowerment skills. Successful plans make optimal use of skills, experience and specialist knowledge. References Belbin, R.M (1981) Management Teams –Why they succeed or fail, London, Butterworth-Heinemann Belbin, R.M (1993) Team roles at Work, Oxford, Butterworth-Heinemann Drucker, P (1999) People and Performance: Managing Oneself ,Harvard Business School Press Books, p1, pg 148 Fisher et al., (1998) The distribution of Belbin team roles among UK managers, Personnel review, volume 29, 2, pg 1-14 Janice, W (2007) TRAINING Tomorrows WORKFORCE., Rosemary; Kerschenbaum, Steve. T+D, Vol. 61 Issue 4, p58-60, Hall, B (2007) Five Ways to Use Social Networking for Learning.,. Chief Learning Officer, Vol. 6 Issue 5, p17-17 Hosking, D. M., Bass, A. (2001). Constructing changes in relational processes:Introducing a social constructionist approach to change work. Career Development International, 6/7, 348-360. McGuire, R (2002) Decision Making, The Pharmaceutical Journal, Vol 269, pg 647-649 Moyer, D. (2007) The Stages of Learning,. Harvard Business Review, Vol. 85 Issue 5, p148-148 Mumford, A (2002) Horses for Courses, Learning Centre, Accessed from http://peoplemanagement.co.uk Date accessed 21/05/2007 Sullivan, A. K., Strang, H. R. (2002-2003). Bibliotherapy in the classroom: Using literature to promote the development of emotional intelligence. Childhood Education,79, 74-80.

The Expectancy Theory Of Motivation And Company X Management Essay

The Expectancy Theory Of Motivation And Company X Management Essay Company X produces a line of audio products for the industry professional and prides themselves on the efforts to provide the highest quality available. Furthermore, the company touted high production standards while attaining their goals. Implementation of a newly-designed production process to enable employees to achieve their production goals occurred and their efforts have not been successful. Observations have included a lack of effort to master the process, deficiency in reaching those goals by those who have mastered it, and a lack of concern regarding goal achievement from individuals who are regularly top producers. Through interviews and informal conversations that were conducted, employee concerns were expressed and the result has been a breakdown in the relationships and components in the expectancy theory of motivation. The attitude of Company Xs production staff and the lack of motivation to complete goals is a direct result of a breakdown in the relationships within th e expectancy theory of motivation. Building the Expectancy Theory of Motivation Definition Victor Vrooms expectancy theory of motivation relates that employees within an organization will be motivated when they hold certain beliefs to be true. The strength of a tendency to act in a certain way depends on the strength of an expectation that the act will be followed by a given outcome and the attractiveness of the outcome to the individual (Robbins Judge, 2007). The theory is comprised of three relationships, or variables, that behave much like a chain. When all three are successfully satisfied, then motivation is fully achieved. When one of the relationships is broken or out of sync, then it is not. The result is a combined lack of efficiency, minimum effort, and no goal attainment. Component 1: Expectancy Expectancy is built upon the belief that effort exerted will beget recognition of favorable performance. Several factors can interfere with this piece of the motivation equation. These variables include the belief that a worker has the skills and ability to perform their tasks successfully, how difficult the goals are to achieve and where they fall in relation to the workers expectations, and whether there is any control over their performance. For example, if a departments members share the belief that no matter how hard they work, the likelihood of getting a good performance appraisal is low, then motivation will be low due to a low level of expectancy (Robbins Judge, 2007). Component 2: Instrumentality Instrumentality is defined as the belief that if a person meets or exceeds expectations, then they receive a greater reward than those who do not. Instrumentality will be low if the rewards follow all levels of performance with no distinction between what is acceptable and unacceptable. It is influenced greatly by the trust employees have in their leaders and the likelihood that the promises of reward for good performance is believable. Another factor that determines the level of instrumentality present is demonstrated when the workers do not trust the leaders, yet have the ability to control the rewards system through another means. This control raises instrumentality. Policies also affect instrumentality; the formal documentation of pay and other rewards and benefits contributes to raising levels of instrumentality. Component 3: Valence The third component within the expectancy theory of motivation is valence. Valence is the level of value that an individual places on the rewards as a function of their needs, goals, and values. The employees preferences will determine the level of valence present for motivation. If the worker desires a certain reward but receives another, the level of valence will be lower. Higher levels of valence are present when the understanding of the individual employees goals are understood by their leader and are then considered along with the relationship between their efforts and performance. Good effort equates to good performance when a strong relationship is present (Robbins Judge, 2007). Correcting the Motivation Problem Company X is experiencing dysfunction within the expectancy theory of motivation and thusly, motivation is low. The workers are not motivated to expend the extra effort to meet the high standards and production goals as a result. Expectancy is low, as are the levels of instrumentality and valence. Correcting these problems is achieved by addressing concerns to raise the levels of these three variables. Raising Expectancy Levels Expectancy levels at Company X are suffering. The employees do not put any extra effort into mastering the new production process and those who have done so are not putting forth the effort to achieve goals as the company has directed. Some of the employees stated that they cant be successful because they do not believe they have the skills to do so. Suggestions to correct these problems would include providing extra training time to enable the employees to gain the hand dexterity they believe they are lacking. This would boost their confidence in the new process and give them the tools to achieve the new goals while fostering the belief that the goals are realistic to meet. Boosting their skills and ability to complete the tasks successfully leads to higher performance and also returns control of their perceived performance levels back to the employees. Raising Instrumentality Levels Instrumentality levels are faltering at Company X as well. In Supervisor Bs informal conversations with Supervisor As employees, it is noted that there is no difference in salary increases for workers who meet departmental goals and those who do not. Workers feel as if they are resigned to the rewards system currently in place and they dont see a difference in salary increases or bonuses based on merit. Recognition is therefore non-existent, and the reward for all employees regardless of performance sends the wrong message. Workers do not have to meet goals to receive rewards and they are not motivated to work to attain the higher standards. In fact, salary is only affected if performance is very slow. Because the employees do not feel the recognition for a job well done co-exists with more stringent guidelines for when a poor job is done, they do not put forth the extra effort. This relationship in the expectancy theory is broken. An improved system of handling performance appraisals needs to be implemented. Ideally, it would better recognize those individuals who are putting in extra efforts to ensure that goals are being met while providing feedback for low-performers on areas for improvement. Employee incentives like raises and bonuses would be contingent on meeting or exceeding certain criteria. In restructuring, use performance appraisals, or individual performance in tandem with departmental and production goals to better challenge and reward the workers. A low performance appraisal and poor or mediocre performance would not be rewarded at the same levels as those with high-scored performance appraisals and above average production. By creating a tiered bonus system, the bonuses would be larger and create a desire to attain that level of reward. Once this occurs and is formally documented within the company policies, instrumentality levels rise and are corrected because confidence and trust in their lead ers would be restored. Raising Valence Further discussions with Supervisor As employees uncovered a break in the third piece of the expectancy theory of motivation, valence. The rewards offered by the company do not meet the personal goals of the workers. The bonus offered to employees is too small after taxes and the workers perception is that it is not worth their effort; after taxes come out of their bonus, overtime pay surpasses the amount a bonus would provide. This information explains yet another key breakdown in the expectancy theory of motivation. The system is in need of restructuring so that the bonus meets the personal goals of the production workers. The Whats in it for me? question needs a suitable answer that does this. If an employee is interested in a promotion, bonus, raise, or otherwise, its important that their feedback is taken into consideration in offering a reward that has personal value for the workers. Boosting the valence level is satisfied and once the variables of value, needs, goals, and preferences are met, motivation will increase. Conclusion The problem is three-tiered but in working within the three relationships and by breaking down each piece, the leaders at Company X can boost motivation by raising the three levels of expectancy, instrumentality, and valence. By following a checklist of issues to address, arising from the theory itself, and by bestowing rewards in an appropriate fashion, the leader is enabled to adopt [an] influence strategy that enhances levels of personal motivation (Zerbe et al, 2001). Because an employees expectancy her or his judgment about the attractiveness and probability of a prospective reward strongly influences that persons willingness to take on a new task, the result will be more effort expended by the workers to meet goals they perceive as attainable (Newstrom, 2007).

Anthrax :: essays research papers fc

ANTHRAX   Ã‚  Ã‚  Ã‚  Ã‚  One of the most important responsibilities a Secretary of Defense has is to make sure the United States’ military members are protected as much as possible from any type of harm. Since the cease-fire of the Gulf War, the Joint Chiefs of Staff have discovered that anthrax has become the number one biological threat to our troops. With finding this information, the Secretary of Defense, William S. Cohen, has decided to ensure that each military member is protected from anthrax with its vaccine. Senior military leaders are accepting nothing less than total acceptance for the anthrax vaccine. The reason is that military members have been refusing to take the vaccine due to unsubstantiated reports popping up on various Internet sites. These sites have been claiming that the anthrax vaccine is â€Å"experimental† and will cause harm if taken. However, the senior military leaders also have been doing what they can to properly educate their members about the anthrax vaccine. Anything less than total acceptance of the anthrax vaccine is not permissible. ALIFF-SANCHEZ 2 Anthrax is an infectious disease which is caused by the spore forming bacterium Bacillus anthracis. Anthrax can be deadly if the symptoms haven’t been caught in time for treatment. Anthrax infection can occur in three forms: cutaneous (skin), inhalation, and gastrointestinal. B.Anthracis spores can live in the soil for many years and humans can be infected with anthrax by handling animal products from infected animals or by inhaling anthrax spores from contaminated animal products. Eating uncooked meat from infected animals can also spread anthrax. Anthrax can also be spread by biological warfare. Any country that has biological warfare capability can use anthrax on its warheads to spread anthrax (FAQs1). Since the threat of anthrax has been discovered, the Joint Chiefs of Staff recommended that all members of the military receive mandatory vaccinations against this disease. However, the first set of immunizations will go to troops scheduled to go to the Middle East and Korea (Cohen 1). Force protection should not be optional. Moreover, it would be totally incomprehensible to send a soldier on the front lines without ALIFF-SANCHEZ 3 a helmet; it would make even less sense to send a soldier out into a biologically unfriendly environment without being immunized against it (Cohen 2).   Ã‚  Ã‚  Ã‚  Ã‚  The fear of anthrax vaccine has been unfounded. Unfortunately, the anthrax vaccine has been getting unreasonable criticism in some circles. In particular, a few people have posted incorrect information on Internet sites and distributed it through e-mail campaigns.

Essay --

Over the years, there have been multiple studies on the stimulation effects on the brain from brain exercises. Some of the more prominent studies are the IMPACT, ACTIVE, and IHAMS studies. First off, the IMPACT study which had 487 participants. It is the largest experiment ever to examine whether or not brain stimulants are able to improve cognitive abilities in adults. Led by distinguished scientists from Mayo Clinic and the University of Southern California, the IMPACT study proves that people can make statistically significant gains in memory and processing speed if they do the right kind of scientifically designed cognitive exercises. Studies prove that people can make statistically large gains in memory and processing speed if they do certain brain exercises. The study was conducted on the original Posit Science Brain Fitness Program, which contains six of the auditory exercises in BrainHQ: Sound Sweeps, which was called â€Å"High or Low†, Fine Tuning, Memory Grid, Syllable Stacks, To-do List Training, and In the Know. Those who participated in the study trained with these exercises for a total of about forty hours. Specifically, the IMPACT study found that the people that used the exercises became more efficient in the exercise tasks. This was an expected result, seeing as how the exercises would make the people think quicker to respond to the tasks. The improvements included better memorization, quicker response, and just overall increased efficiency. â€Å"Gold standard† memory assessments—tests that are widely known to and accepted by doctors—showed that the Posit Science exercises genuinely improve memory overall.(Posit Science, 2013) This was a major achievement because it showed that the exercises don’t just teach shor... ...ctive control group, who followed a computer-based program of active learning. The IMPACT study proves that cognitive decline is not inevitable and irreversible. Adults—regardless of their education level, IQ, or other demographic factors—can improve their cognitive abilities. Just as every adult can benefit from physical exercise, every adult can benefit from the right kind of cognitive fitness as well. Using Posit Science exercises available as part of BrainHQ can effectively strengthen and build memory and processing speed. These improvements help people perform better at work, connect better with others, enjoy their favorite activities more, and keep up with daily tasks efficiently. There have also been studies to show that physical training helps stimulate the brain as well. Sports, working out, simply running can help the brain get into a routine and learn

A Multidisciplinary Approach to Patient Care Essay -- Nursing, Health

The goal for nurses as a profession is not only to be â€Å"patient advocates† but also assist the patient to learn and gain the necessary skills to achieve the best level of functioning for the patient based on their current illness. In order to help a patient achieve their optimal level of functioning the nurse must work with the patient and the interdisciplinary team to create a collaborative plan that is logical for the patient. Through examining a musculoskeletal disorder case study #35 from Preusser (2008), one can create a critical pathway for the patient, S.P. a 75 year old female, with severe rheumatoid arthritis (RA) and admitted to the orthopedic ward for a hip fracture status post fall (p. 183). Since the patient’s needs is unique and complex the nurse must tailor a plan with the patient which will include â€Å"†¦assessments, consultations, treatments, lifestyle changes, disease education†¦Ã¢â‚¬  in order for the patient have the most appropriat e evidence-based care and make informed decisions when it is necessary (Oliver, 2006, p. 28). The aim for the nurse caring for the S.P. is to help prepare the patient for an upcoming procedure and focus care to the patient by gathering necessary information about her while. Collaboration with the patient, family members, rehabilitation, medical and surgical team about the treatment plans can help us provide proper patient’s care by utilizing actions and interventions within the scope and standards of the nursing practice. This Preusser (2008) case study involves a 75 year old female, S.P., who fell at home and is admitted to the orthopedic ward for an intracapsular fracture of the hip at the femoral neck (p. 183). Assessment data includes her height is 5’3†, weight is 118 lbs, blood pressure... ...National Association of Orthopedic Nurses. (2009). Total hip replacement. Retrieved from http://www.orthonurse.org/ResearchandPractice/PatientEducation/tabid/490/Default.aspx    Oliver, S. (2006). Benefits of patient pathways in rheumatoid arthritis care. Nursing Times. 102 (16), 28-33. Retrieved from http://www.nursingtimes.net/nursing-practice-clinical-research/benefits-of-patient-pathways-in-rheumatoid-arthritis-care/203268.article Oliver, S. (2009). Understanding the needs of older people with rheumatoid arthritis: the role of the community nurse. Nursing Older People, 21(9), 30-38. Preusser, B. (2008). 4th Ed. Winningham and Preusser’s critical thinking in nursing: Medical-surgical, pediatric, maternity, and psychiatric case studies. New York: Elsevier/Mosby Inc. Wilkinson, J. M. (2011). 5th Ed.   The Nursing process and critical thinking. Prentice Hall.

Fides et Ratio Essay

When looking at the context of the Fides et Ratio, John Paul II expresses on â€Å"crisis of meaning† in contemporary society. Throughout this section John Paul II offers examples on how the crisis of meaning has emerged. John Paul II touches on â€Å"scientism† and â€Å"pragmatism† and how these have affected modern society and are believed to be steering individuals in the wrong direction. John Paul II also includes other non-religious or philosophical based attitudes toward the contemporary society. John Paul II seems to be expressing his thoughts towards the â€Å"crisis of meaning† in hope to regain focus from individuals on the value of religion in contemporary society. Although John Paul II raises many well thought out reasons supporting the idea that there is what he calls a â€Å"crisis of meaning† in modern society, Sigmund Freud’s theories of how humanities’ desire for meaning in life is actually just delaying the inevitabl e and compounding the struggles of life. The sooner people accept that in the end, everyone dies, and after that there is nothing, the sooner one can succeed without regret or worry, and the better society will be. â€Å"Crisis of meaning† is stated by John Paul II to be one of the most important attributes in the current state of our society around the world. Pope John Paul II believes that people in contemporary society are beginning to question if it still makes sense to know the meaning of one’s life. When looking at â€Å"crisis of meaning† from a scientific perspective, the increase in knowledge on the subject makes the search for the meaning of life problematic. The amount of research and data introduced because of the increase in human knowledge in contemporary society has started to â€Å"compromise the fabric of life† (Fides et Ratio, #81). The display of theories that compete with one another, and how people view and interpret the world and human life serve to â€Å"aggravate the radical doubt† (Fides et Ratio) which than leads to scepticism, indifference and the rejection to religion and religious moral principles. Theories that were specifically developed to show an individual the answers to the big  questions in human life are consequently invading the human spirit and offering different interpretations to the meaning of life. John Paul II states that a philosophical perspective that no longer expresses on the meaning of life would reduce importanc e of â€Å"accessory functions† (Fides et Ratio, #88) and take passion away from the search for the truth. Philosophy will have to regain focus on the â€Å"sapient dimension† in order to regain a sense of harmony with the word of God. If Philosophy conformed back to its natural ways it will would be a critical factor that discovers the foundation of â€Å"scientific learning† and would also join together human knowledge and action. Philosophy has the potential to create a path to a final goal of a better understanding of the meaning of life. John Paul II discusses that â€Å"sapient dimension† in philosophy is much more necessary in modern society because peoples technical capabilities are demanding a renewed understanding of ultimate values. John Paul II argues that â€Å"If this technology is not ordered to something greater than a merely utilitarian end, then it could soon prove inhuman and even become potential destroyer of the human race.† (F ides et Ratio, #81) This quote from Fides et Ratio by John Paul II expresses his thoughts on how technology has the power to prove inhuman and possibly ruin the human race. He believes that the word of God gives people an understanding of one’s destiny and the true meaning to life. Philosophy is invited to give reason to the natural impulse within everyone on the meaning of life. Another threat that John Paul II relates to the â€Å"crisis of meaning† is through â€Å"pragmatism† and â€Å"scientism†. John Paul II believes that â€Å"scientism† is another threat the â€Å"crisis of meaning† faces in contemporary society. â€Å"Scientism† only validates the forms of knowledge through factual sciences and will not accept knowledge based on religious beliefs. Scientism views religious and theological knowledge as fantasies and considers it to be meaningless. â€Å"Positivism† and â€Å"neo-positivism† expressed the same idea in the past on the meaningless of religion and now has been revived through â€Å"scientism†. Due to technological progress and factual scientific research, science has now taken control of human life, as people have begun to believe that if something is technically or scientifically possible it then can be morally accepted. John Paul II also looks at â€Å"pragmatism† to be none the less as dangerous to the â€Å"crisis of meaning† as â€Å"scientism†. John Paul II defines â€Å"pragmatism† as, â€Å"An attitude  of mind which, in making its choices, precludes theoretical considerations or judgements based on ethical principles.†(Fides et Ratio, #89) He believes that a particular action can be morally accepted if it is backed by a majority of votes by a parliament. John Paul II expresses that â€Å"scientism† and â€Å"pragmatism†, or both philo sophical views that modern society is now trusting, are is causing this â€Å"crisis of meaning†. Pope John Paul II expresses what he sees to be a problem of â€Å"crisis of meaning† through ideas such as â€Å"scientism† and â€Å"pragmatism†. When examining John Paul II encyclical to the Bishops of Catholic Church it becomes obvious that the â€Å"crisis of meaning† is not a problem in modern society but only a positive development. People are now realizing that the meaning of life is not to be accepted by a God but to succeed in personal goals. When looking at modern society and religion it is evident that times have changed and the value of religion has slowly diminished. People in modern society are gaining a better understanding of life through â€Å"scientism† and the advancement of technology. The advancement of technology and human knowledge has begun to alter the thoughts and views people have on the meaning of life. John Paul II e xpresses that â€Å"scientism† is having a negative effect on modern society. â€Å"This leads to the impoverishment of human thought, which no longer addresses the ultimate problems which the human being, as the animal rationale, has pondered constantly from the beginning of time.†(Fides et Ratio, #81) In this quote he is stating that â€Å"scientism† is effecting how people are beginning to think and that people are being persuaded away from addressing the main problems in life. Rather than looking at this change in modern society negatively, this change has actually given people a more modern and realistic way of looking at life. Science is overpowering religious beliefs with its factual evidence challenging religion in many ways. Another point presented by John Paul II is the idea of â€Å"pragmatism†. In modern society people are beginning to base their decisions upon ethical principles rather than religious beliefs. Individuals in modern society can distinguish between right and wrong and understand the practical way in dealing with situations rather than looking to religion to guide them in the right direction. The â€Å"crisis of meaning† stated by John Paul II is not a crisis but simply a positive adjustment within contemporary society. Sigmund Freud who was a well-known psychoanalyst developed a psychoanalytic theory  on religion. He came up with the idea that people who believe in a God suffer from what he refers to as a childish neurosis in that they use religion as a way to cope with the fact that life has no meaning. He believed that the concept of religion was false. Freud believed that an individual’s life is meaningless and that people have a difficult time accepting that life does not a have an overarching meaning or purpose. In contemporary society pe ople are beginning to believe, or accept that one’s life may not have a higher meaning. Freud argued that once one accepts that there is no greater meaning, it would be easier for them to set personal goals that can be achieved, allowing them to accomplish personal enlightenment. Even though, John Paul II raises many well thought out ideas and concepts that argue his belief of the problem â€Å"crisis of meaning†. Sigmund Freud believes that one’s life is meaningless and when a person can understand that, they can then begin looking at life in a more personal way without regret rather than looking to be accepted by a god. â€Å"Scientism† and â€Å"pragmatism† are both philosophical views that are allowing modern society to grasp a more realistic idea of life, instead of living life through a specific religion. John Paul II believes that philosophy is now leading society in the wrong direction, persuading people away from asking the ultimate questi ons in life. This however is not a negative in modern society it is simply a modernized way of looking at life and is leading society in the right direction.

Reaction Paper on Trust Doctrine on Intergenerational Responsibility

REACTION theme ON TRUST DOCTRINE OF INTERGENERATIONAL debt instrument by Felrose Lynn V. Acenas We be poised beneficial at the edge of some truly major changes on Earth. Maybe it is then safe to say that we really atomic number 18 a geological force thats changing theplanet. Within the lifetimes of todays children, scientists say, the climate could reach a state unknown incivilization. Whether we take for granted it or not, Climate commute is upon us. It is reasoned to know that many of us are active in bringing more(prenominal) or less change and are concerned with the environment.Climate Change is a major problem and unlike entities around the world are doing their beat to address this problem. This is why Trust philosophical system is proposed, it is for the litigation of climate change issues with an speech pattern on the in force(p)s of future generations. The usual affirm doctrine provides a method whereby environmental lawyers can bring suit against govern ments on behalf of current and future generations. Deriving from the park law of property, the public trust doctrine is the most fundamental legal machine to ensure that government safeguards inherent resources requisite for public welfare and survival.In the context of the climate crisis, which threatens the life of innumerable human beings into the future, the public trust doctrine functions as a judicial tool to ensure that the semipolitical branches of government protect the basic sort out to life held by citizens. An ancient even enduring legal formula, it underlies modern statutory law. At the core of the doctrine is the principle that both sovereign government holds vital natural resources in trust for the public. As trustee, government moldiness protect the natural trust for present and future generations.It mustiness not allow irrevocable accidental injury to critical resources by private interests. In the Oposa Vs Factoran Case, the petitioners, all minors, sou ght the help of the irresponsible Court to order the respondent, the Secretary of DENR, to inscribe all existing Timber indorse Agreement in the country and to foreswear and desist from receiving, accepting, processing, renewing or authorize the new TLAs. They alleged that the massive commercialised logging in the country is causation vast abuses on rainforest.They furthered the rights of their generation and the rights of the generations provided unborn to a fit and medicative ecology. The Supreme Court decided in the Affirmative. Under Section 16, Article II of the 1987 Constitution it states that The state shall protect and realise the right of the people to a balanced and strong ecology in accordance of rights with the rhythm and harmony of nature. Needless to say, every generation has a responsibility to the neighboring to preserve that rhythm and harmony for the effective enjoyment of a balanced and healthful ecology.Put a little differently, the minors assertio n to their right to a sizable environment constitutes, at the same time, the writ of execution of their obligation to ensure the protection of that right for the generations to come. This is an eye opener, If these minors did their part, how much more those with discernment, and especially those who are legally knowledgeable. We must all remember that we all hold up an intergenerational responsibility to our future generations.

Automobile and Porsche Essay

The automobile might be used for different functions in various terrains.I have thoroughly researched and gathered as many as additional information on Porsche cars and also visited two red Porsche companies in California because I have great interest in Porsche cars. Therefore, I feel deeds that I am credible source.Invention and history of Porsche new cars a. German cars are known to be a very good cars i.The auto could be jeopardized labeled by pricing thats not been examined and the reliability thatll be set by time.It took Ferdinand almost 3 years to come up with design of longer his first Porsche car called 356, which impressed the German government. second One month after the first car 356 left the factory it won its first race and louis Ferdinand was encouraged by the government to design many more models.Now that I have discussed the invention and recent origin let me move on to my next important point which is III. Models/Types of Porsche b.

Cars is going to be.Some of the Porsche models are 911, Panamere 4s, cayenne, 356 speeder, turbo and etc†¦. c. Some of the most wanted and bought by the costumers all over the world are 911 Carrera, new convertible D, Panamera 4S and cayenne.v.When pricing the concept car, aggressive marginal pricing ought to be supplied a priority to allow the free enterprise to enter successfully in the business.IV. Best features and personal Qualities of Porsche d. Best Transmission and small engines vi. Unlike any other sports car Porsche has a very good oral transmission and engine system.

BMW focuses on potential customer delight and a buy of an auto is always accompanied by devoting a number of moments that are unforgettable to the particular client for the purchase of the vehicle.Some of the slogan used are â€Å" beautiful and fast†, â€Å"drive it like you mean it† (Tingwall,2010) e. Comfortable for apply your spines ix. According to Eric Tingwall form much his book â€Å"Automobile Magazine† (2010,March), not only Porsche cars have a comfortable dark inside and seat it also has parliamentary seats actually designed to provide a good care to the spines logical and shoulder especially for people who drive a lot. x.Itll continue to concentrate as a means of making sure deeds that its key aims can be accomplished within a legal brief period of time.Porsche is one the most famous and wanted cars logical not only for its look but it consider also have a good system and good higher prices when it comes to sports new cars in general. Review 1. First I discussed about the first inventor Ferdinand Porsche and the origin of the car. wired And how it’s one the most amazing German car it is.

introduction Porsche is one the most well-known and wanted new cars not just for its appearance.How it is useful in so many ways. Summary statement–Porsche cars what has been the most famous and highly sold cars Since 1950 till the present first day Porsche cars been favored by many around the world received how many awards for it’s amazing purposes and also it is the only car that is made with seats that control give a good care to human spine logical and shoulder.ReferencesEasyStreet; Porsche gets into the business. (2002, December 16).Just like keyword with any other high quality automobiles Porsche has new its best features as soon as the auto central system is regarded by it.ezproxy. etsu. edu:2048/ps/i. do? id=GALE%7CA95667758&v=2.

Dedicated customer loyalty platforms provide a means unlooked for businesses to deal after the point of purchase start with the customer experience.In J. S. Baughman, V. Bondi, R.The domestic market is diversified and extremely competitive.Detroit: Gale. Retrieved from http://ic. galegroup. com.

The business is extremely aggressive.Mechanical Engineering-CIME, 113(5), 12.Retrieved extract from http://go. galegroup. com.The worldwide automobile business has changed with tactical priorities logical and business challenges.1&u=tel_a_etsul&it=r&p=ITOF&sw=w Tingwall, E. (2010, March). Porsche bookshelf. Automobile Magazine, 24(12), 57.

The business is innovative with the debut of new manufactured goods a competitor brings another in the marketplace.etsu. edu:2048/ps/i. do? id=GALE%7CA219684328&v=2. 1&u=tel_a_etsul&it=r&p=ITOF&sw=w Tingwall, E.Investment in free market research should boost to think of the proper public image in the marketplace.galegroup. com. ezproxy. etsu.

Slave Dbq

Julie Giaimo DBQ deprivation corroborate to 1619, Africans were bought to the States and sell to Americans as giveers. It wasnt unyielding out front thralldom became a moot issue. all over the signifier of around ii and a half centuries the regard of weather condition to pass on or obliterate thraldom went on. The supporters and the abolitionist had their arguments on how they viewed thralldom, and the brass vie their breach too. Those who back up striverry were for the most(prenominal) expose southerners. Senator washstand C. Calhoun states that bondage is a positivistic healthy.He says that done sla real, the conditions of the races amend physically, morally, and intellectually and the two races of shameful and white were brought to directher. Calhoun overly says that the bread and only whenter conditions for the slaves were nigh and they were interpreted look at of. nevertheless in reality, the slaves were nutrition in shacks fearing for th eir lives and hoping non to bugger off shell by their slave possessor later a bulky wakeless solar day of running(a)(a) in the astringent sun on the plantations (document 2). other universe against the abolition of slaveholding is chancellor Harper.According to Harper, the emancipated slaves would reproach the frugality of the united States and Europe. This is because he relyd that the sic out laborers would bastinado against working for higher(prenominal) pays and they wouldnt do their jobs, and so affecting the trade. The slaves did get stipendiary but very natural depression amounts compargond to the sturdy work that they put into their jobs (document 3). Those were many arguments of peck who support thrall and believed that it should be continued. good deal who didnt believe in slavery are cognize as abolitionist.

Merchant Banking Essay

A merchandiser lodgeing is a fiscal unveiling in the master(prenominal) engage in pass m singletary run and advice to ph atomic issuing 53r and sloshed individuals on how to habituate their nones. A merchandiser keep in line enshroud with mer discounttile argoting inevitably of buckle under, dispely & coarse correspond loans and var. writing. merchandiser entrusting does non throw off sell offices where invitee rear go and assenting their visor. A merchandiser depose is in handle manner c ei at that placed as wholesale desireing. im individualised of import prey of merchandiser pious platitudeing is organise the consummationivi seizes akin the put upters, advertizement agency, pr lays and chthonianwriters and so forth occur companies to force venture enter in that respect portion chthonic SEBI chip.The merchandiser wedgeing deposit the derive of sh atomic number 18, charge of the lines and the clock of the tir e of this fresh extr treat. They too put up campaign to the pay housing strategys for the tress of houses and geting of land. floor and emersion of merchandiser sticking in India earlier six stick tos in that respect was no merchandiser intrusting in India. This governance started aft(prenominal) 1960s. The munch im soulfulnessates nest egg situate was the curtain heave deposit which started merchandiser fag endfulting run. stab dumb effects deposit is the galacticst distant bank in the farming. The patriarchal winding(prenominal) wait on set uped by merchandiser banking ack promptlyledges the wariness of cosmos hand overs and close to aspects of fiscal consultancy. later(prenominal)ward this much(prenominal)(prenominal) banks took initiative of merchandiser banking run. Bank uni shorten a crap Citibank came in 1970. merchandiser banking with Citibank antic trope in novel enterprisingnessr and dedicategrade of sunrise(prenominal) puke. upbringing finances by heart and soul of justness took channelize. heed consultancy serve were started. conjure up bank of India started the merchandiser banking in 1972. place front 1972 express bank of India use to but generate silver. scarce subsequently 1972 res normala bank of India started multi-tasking. commercialised banks which followed recount bank of India were1. cardinal bank in 1977.2. family whole bank in 1977.3. measurement charter bank, mer brooktile bank and bank of Baroda in 1978.4. get together bank of India, Punjab depicted object bank, corporationara bank, Indian overseabank in rising-fangled 70s and in be prison terms 80s. grandeur of merchandiser Banking engage for merchandiser Banking is matte in the c gibely forth of commodious un circumscribe savings imposition untapped. merchandiser bankers heap influence extremely material char diddleer reference in mobilizing currency of savers to investible buy in assure b remedy returns on enthronizations and hence ground course dish up in shock the massiveening affect for ineluctable bullion for stinting torso process. With ontogenesis of merchandiser banking occupation corporal enterprises ar confinement expansion, modernization, and diversification of the vivacious enterprises. This reinforces the awaitment for a busy region to be compete by merchandiser banking.Reasons why specializer merchandiser banks switch significant absorbment to dawdle in India 1) ontogeny industrialization and increase of technologi skirty submit industries. 2) motive for encouragement of miniature and modal(a) industria keep d induces, who bear specialiser services. 3) growing complexity in rules and procedures of the disposal. 4) move over to slide by slow beas and states which require distinguishable criteria. 5) Exploring the opening night of vocalise dangers overseas and str ange food securities industryplaces. 6) Promoting the division of virgin foodstuff in mobilizing savings from the earth.Functions actioned under merchandiser BankingThe definitive serve wells of merchandiser bankers be1) guidance of Debt and right OfferingsThis editions the main individuala of the merchandiser banker. He assists the companies in raising currency from the mart. The under spill tasks include instrument designing, set the appear, enrolment of the mountain pass document, underwriting support, grocery storeing of the recognise start, storage tryst and rejoin and listing on descent alternates. 2) placement and diffusionThe merchandiser banker benef wreakors in distributing mingled securities like impartiality sh bes, debt instruments, correlative pecuniary resource, insurance policy products, and commercial paper, to hit a few. The distribution ne twork of the merchandiser banker can be classified advertizement as exc ogitational and retail in nature. The institutional pro go by outsworkconsists of reciprocal storehouses, let outside institutional investors hidden rightfulness bullion bounty funds, pecuniary institutions, and so on3) merged consultive goIt de nones advice appropriated by a merchandiser banker to a corpo substantive social unit to check go integrated unit to go by means of ameliorate somatic work in damage of image shuffling among investors, stiff ripening by estimable working, admiration in commercialise entertain of its loveliness sh ars. The counsellor is moderate to tho thinkings and suggestions and all(prenominal) diminutive synopsis would form part of a specialised service4) interpret consultative work stomach rede is a precise serious and mercantile merchandiser banking service. It keeps increase of an supposition into a pop out, cookery of the confound tarradiddle , mind of the constitute of the consider and d eciding upon the means of mo crystallizeary and techno-stinting judgement of bug outs for upper- sequel garner exit/ fiscal support and so forth The honorarium aerated for puke overcompensate education / idea ranges amid 0.25% to 2% of the descend endure cost. The angle supercharged depends upon- a)Total coat of the flipb)The aggregate complexity of the project5) lend Syndication merchandiser bankers crop to tie up loans for their clients. This sells place in a serial of stairs. Firstly, they try out the image of the clients cash flows, establish on which the cost of the borrowings can be defined. because the merchandiser banker prep bes a lucubrate loan entry, which is circulated to versatile banks and fiscal institutions and they atomic number 18 invited to introduce in the syndicate. The banks thusly conceive off the mo winningsary value of alter on the foundation garment of which the lastt allocation is done. 6) Providing embark smashi ng funding merchandiser bankers help companies in obtaining venture outstanding pecuniary support for pay their clean and groundbreaking strategies. 7) forethought of jacket crown catersa) Pre- departure commission travel motive to be egressn to eradicate Pre- answer natural process atomic number 18 as follows1) Obtaining stock transfigure approvals tomemorandum and articles of association.2) victorious serveion as per SEBI road maps.3) Finalising the pretendments of the sideline agencies Co managers / advisers to the edit out.Underwriters to the neck.Brokers to the liberate.Bnakers to the retire and hark back banker. human existencesizing agency.Printers and fipple pipes to the take.4) purpose the party to mention attendants, sanctioned advisers and broad point of view mount of Directors.5) propagatetery the rush catalog.6) Obtaining approvals of bill of exchange grade catalogue from the partnerships well-grounded advisors, underwri ting monetary institutions/banks.7) Obtaining coincide from parties and agencies playing for the protrude to be wrap with the prospectus.8) citation of prospectus from Securities and exchange board Of India(Sebi).9) register of the prospectus with registrar of companies (Roc)10) reservation an practise for persist in with stock(a) rally on with write of the prospectus.11) advancement of the issue with advertisement and conferences12) uncovered subscription list.B) chain armour edit out attention go complicated1) To verify and body forth that the issue is bid to the effect of 90% including using from insurance comp all(prenominal)(prenominal)s in result of subscription. 2) To contend and align the allocation procedures of registrar to the issueas per overconfident phone line transfigure guidelines. 3) 3)To envision issue of devolve club , assignation letter/ security departments indoors the irrefutable clip reverberate of 10 weeks later th e city block of subscription list 4) To bailiwick tipically to SEBI slightly the progress in the matters relate to allocation and requites. 5) To verify the listing of securities at a stock exchanges. 6) To project the investors for managers regarding the familiar issue. 7) The merchandiser bankers managing world issue can act slant depicted object to a detonator .This wages is to be divided up by all blow over managers, advisers etc.tera alteration with SEBI as merchandiser Bankermerchant banks argon chiefly setup as appurtenant companies of banks. For e.g. SBI caps, ICICI securities etc. at a beat the feasibleness studies atomic number 18 admitn and it comes out to be workable and so the hobby steps atomic number 18 under taken for adaptation with SEBI exercise for leave of security measuresAn coating for tiltd of present is inevitable to be make with SEBI as without property the security department no person can act as a merchant banker. The coat can be do in one of the adjacent categories 1. syndicate 1 To keep out either body process of issue charge which includes preparation of prospectus and impudently(prenominal) tuition relating to issue, find financial structure, tie up of financers and financial assignation, and refund of the subscription. both(prenominal) a nonher(prenominal) operation that pertains to this course of instruction is of advisor, adviser manager, insurance broker, portfolio manager. 2. syndicate 2 To act as advisor. Consultant, co manager, underwriter and portfolio manager. 3. household 3 To act as underwriter, advisor, and advisor to an issue. 4. form 4 To act tind as advisor and adviser to an issue. To turn back on the employment of underwriter and portfolio manager, a fail security system of enrolment involve to be obtained from SEBI.Furnishing of entropy, miniature, and personal mold The applicator whitethorn wish to declargon oneself gain discip line or clarification regarding matters link to body process of merchant banker. context of performancein the beginning leave behinding the present, the posting shall take into bet that the applier complies with the chase demand 1. The applier shall be a body unified some opposite than a non banking financial comp some(prenominal). 2. The merchant banker who has been reach outn(p) the certificate by run batted in to act as primal consort shall suffer on much(prenominal)(prenominal) bodily process with the condition that it should non occupy or hold some(prenominal) commonplace deposit. 3. The applier should lead obligatory foundation to carry on his activities. 4. The applicator should employ at to the lowest degree two persons who suck up the run by and by means of to subscribe the personal confidence line of merchant banker. 5. The applicator should fit the smashing enough need as follows The seat of government adequacy need should no t be less(prenominal)(prenominal) than the net value of the applier. The net outlay shall be as follows kinfolk 1 5 crores syndicate 2 50 lacs course of instruction 3 20 lacs sept 4 zip fastener6. The applicant or either of his assort should be withdraw of whatever efficacious charges, should not fool been convicted for two criminal offense and not found shamed of either economic offence. 7. The applicant should birth master copy dexterity from each recognize govt. build in finance law of nature or descent direction. cognitive operation for brookanceThe SEBI on world fit with the eligibility of the applicant shall fall in him a certificate . defrayment of leansThe applicant has to pay Rs. 5 lacs at bottom 15 eld of learn of go along of wind regarding grant of certificate. If the merchant banker fails to pay the requisite fee, the come on whitethorn deflect the registration and applicant whitethorn terminate to carry on activity as merchant banker for the period during which the subscription subsists. The merchant banker whitethorn arrest on the subscriber line as merchant banker on the skill of security system of modification from SEBI after the completion of supra mentioned formalities. social occasion for recap jump ons pay to call in The lineup whitethorn key one or to a capitaler extent persons as discerning permission to undertake cargon of the books of accounts, book of accounts and documents of the merchant banker for some(prenominal) of the purposes undertake in sub-regulation (2). observe forwards management in the prime(prenominal) place working class an charge, the come on shall leaping a healthy happen upon to the merchant banker for that purpose. Where the control panel is squelched that in the bet of the investors no much(prenominal) score should be chip inn, it whitethorn inspect without earlier notice. During the course of critique, the merchant banker against wh om an followup is organism carried out shall be skip to fill in his obligations. Obligations of merchandiser Banker on revueIt shall be the barter of e actually director, proprietor, partner, ships incumbent and employee of the merchant banker, who is macrocosm inspected, to arrive at to the inspecting representation much(prenominal) books, accounts and tonic(prenominal) documents in his hold or control and furnish him with the statements and information relating to his activities as a merchant banker within such(prenominal)(prenominal)(prenominal) time as the inspecting means whitethorn require. The merchant banker shall allow the inspecting allowance to stupefy fair(a) entrance money to the exposit active by such merchant banker or by all an opposite(prenominal) person on his behalf and to a fault extend intelligent facility for examining each books, records, documents and figurer selective information in the monomania of the merchant banker or w hatever such other person and withal provide copies of documents or other materials which, in the opinion of the inspecting government agency be relevant for the purposes of the supervision.The inspecting potence, in the course of follow-up, shall be authorize to date or record statements of any tether officer, director, partner, proprietor and employee of the merchant banker. It shall be the occupation of every director, proprietor, partner, officer or employee of the merchant banker to give to the inspecting sanction all helper in confederacy with the inspection which the merchant banker may be passably evaluate to give. debut of encompass to the maturateThe inspecting authority shall, as presently as achievable submit, an inspection repute to the gore. bodily function on watch or probe penningThe get along of the chair shall after servant of inspection or investigation extend take such pull through. assigning of tenderThe jump on may appoint a pe ndant auditor to wonder into the books of account or the personal patronage of the merchant banker. dialogue of findingsThe placard shall after servant of the inspection report communicate thefindings to the merchant banker to give him an hazard of being comprehend before any action is taken by the mount up on the findings of the inspecting authority. On k today of the history if any, from the merchant banker, the posting may call upon the merchant banker to take such measures as the Board may number fit in the absorb of the securities foodstuffplaceplace and for account payable configuration with victual of the Act, rules and regulations.Guidelines of SEBIThe SEBI has issued guidelines for the issue of detonating device by companies. The guidelines in the first place cover the want for the first issue by a newfangled or subsisting lodge. The guidelines issued by SEBI ar mentioned to a lower place If any guilds other income exceeds 10% of the total income , the detail should be keyd. The connection should kick downstairs any adverse note which affects the trading operations of the smart set. The partnership should in like manner snitch the susceptibility purpose of botany for the die 3 years. The promoters essential find their dimension at least 20% of the grow crown. The stripped diligence money payable at the time of issue should not be less than 25% of the issue price. The gild should produce the time usually taken for the organization of investors grievances. The vagabond can make sign of the zodiac allotments in domain issues as follows 1. Indian plebeian funds (20%)2. FIIs (24%)3. unfaltering employees of the partnership (10%)4. financial institution (20%)The club should set off the safety device net scheme or buy back arrangements of the servings proposed in public issue. In case of public issues, atleast 30 authorisation ingathering centres should be established. In the guidelines regar ding right issue, the family should give advertisements in not much than 2 newspapers intimately the excursion of letter of states. No invidious allotment to be make along so rights issue. The company should disclose the assoil parallelism amidst the lead managers and the company in the memorandum of understanding. leaving amidst merchandiser Banking and commercial Banking merchandiser BANKING technical BANKING merchandiser banking deals with justness and candor connect finance. merchandiser banks atomic number 18 management oriented. merchandiser banks unbidden to submit risks of business.The activities of merchant banks include project hash out in stadium of upper-case letter restructuring, mergers, amalgamations e.t.c. mercantile banking deals with debt and debt connect finance. technical banks ar asset oriented. commercialized banks broadly stave off risks of business. mercantile bankers are exactly financiers. distinction between merchant Banking a nd enthronisation Bankingmerchant BANKING enthronisation BANKING merchandiser banking is purely fee base. merchandiser banking are unfeasible to stay reserved from world(prenominal) trends. merchandiser banks expands into the k presentlyledge domain of securities, underwriting merchant banking chiefly perform world-wide pay activities such as1. hostile incarnate investment funds2. distant real body politic investment.3. portion out finance and inter effect facilitation. merchandiser banks tends to operate on venial outgo companies and offer seminal impartiality financing ,and numbers of unified credit products. investing banking is both fee ground and fund based. enthronisation banking commits their own funds. enthronisation banks switch finance activities. investiture banking despatch mergers and acquisitions through allocate gross revenue and provide research and financial consulting to companies. It focuses on initial public offerings and bountiful public and surreptitious share offering. firearm investment banks tends tofocus on large companies. new-fangled developments in merchant BankingThe upstart developments in merchant banking are collectible to real contributory factors in India are The merchant banking was at its outflank during 1985-1992 when at that place were umpteen an(prenominal) new issues . It was judge that 2010 going to be commodity time for merchant banks , as some new issues are feeler up . The extraneous investors- both in the form of portfolio investment and through opposed direct investments are venturing in Indian Economy. It is change magnitude the kitchen stove of merchant bankers in umteen ways. Disinvestments in the government field in the country give a astronomic kitchen range to the merchant bankers to function as consultants. Introducing of new financial instruments in the grocery has change magnitude the hazard for the merchant banks. The merger and in bodied restruc turing along with MOU and MOA are gravid huge opportunities to the merchant bankers for consultancy jobs.Challenges set about by merchant Banker in IndiaSEBI guideline has restricted their operations to Issue charge and Portfolio .Management to some intent collectible to which the cooking stove of work is limited. The net price fatality is very postgraduate in categories I and II in particular so many professionally experient person/organizations cannot come into the picture. pathetic forward-looking issues market in India is drying up the business of the merchant bankers. eye socket for merchant Banking1. egression of primary market if the primary market grows and issues increases, the grasp of merchant banking leave be enhanced.2. presentation of orthogonal investment now India outstanding market right away lights-out foreign with child(p) through euro issues.FDI is increase in peachy market .so merchant bankers is infallible to advice them for their invest ment in India. The increase number of say ventures also requires dear services of merchant bankers. if more and more NRIs enroll in capital market ,there volition be great demand for merchant banker services.3. ever-changing policy of financial institutions now the impart prices of financial institutions are based on project orientation, so the merchant banker services pull up stakes be unavoidable by corporate enterprise to provide secure guidance.4. suppuration of debt markets if the debt market is enhanced, there result be howling(a) background for merchant bankers, now NSE and OTCEI are be after to reprimand funds through their debt instruments.5. corporeal restructuring ascribable to ease and globalisation companies are cladding lot of competitions .In order to compete, they accept to restructuring, merger, acquisitions or disinvestments. They offer groovy opportunities to merchant bankers.