Absorbance - Chemistry Glossary Definition

Absorbance - Chemistry Glossary Definition Absorbance is a proportion of the amount of light consumed by an example. It is otherwise called optical thickness, annihilation, or decadic absorbance. The property is estimated utilizing spectroscopy, especially for quantitative investigation. Common units of absorbance are called absorbance units, which have the truncation AU and are dimensionless. Absorbance is determined dependent on either the measure of light reflected or dissipated by an example or by the sum transmitted through an example. In the event that every single light go through an example, none was retained, so the absorbance would be zero and the transmission would be 100%. Then again, if no light goes through an example, the absorbance is unbounded and the percent transmission is zero. The Beer-Lambert law is utilized to figure absorbance: An ebc Where An is absorbance (no units, A log10Â P0Â /P)eâ is the molar absorptivity with units of L mol-1â cm-1bâ is the way length of the example, for the most part the length of a cuvette in centimeterscâ is the convergence of a solute in arrangement, communicated in mol/L Sources IUPAC (1997). Abridgment of Chemical Terminology, second ed. (the Gold Book).Zitzewitz, Paul W. (1999). Glencoe Physics. New York, N.Y.: Glencoe/McGraw-Hill. p. 395. ISBN 0-02-825473-2.

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Economic and Political Development (EPD) concentration 101 COLUMBIA UNIVERSITY - SIPA Admissions Blog

Economic and Political Development (EPD) concentration 101 COLUMBIA UNIVERSITY - SIPA Admissions Blog The Economic and Political Development (EPD) concentration attracts diverse students from around the world who are committed to fighting inequality between and within countries, eradicating poverty and its causes, and promoting inclusive growth and human development by expanding people’s civil and political as well as economic and social rights and freedoms. To take on these global challenges, EPD curriculum equips students with a variety of skills in policy analysis, program planning, monitoring and evaluation, and advocacy. Through an interdisciplinary package of courses, workshop projects, and practical internships, students acquire both a broader understanding of the processes of economic, political and social change in the developing world as well as a more focused competence in specific fields such as microfinance, small business and social enterprise development, corporate social responsibility, gender and development, education policy, public health, sustainable development , post-conflict reconstruction and governance. One of the most exciting opportunities within the EPD concentration is the Workshop in Development Practice, through which students gain practical experience by engaging in on-going cutting-edge development projects, often involving country fieldwork. Working in teams with a faculty supervisor, students assist a variety of clients on a wide array of assignments in international development. Students take a multidisciplinary approach to their work and learn extensively from each other as well as from the hands-on tasks of the workshop itself. A list of past workshop projects can be viewed at the following link: http://new.sipa.columbia.edu/academics/capstone-workshops/epd#top_info. The EPD concentration is dedicated to enhancing students’ overall experience at SIPA. We sponsor a number of events throughout each academic year. This includes social events, such as the annual EPD retreat, happy hours, cultural trips around the city or off-campus parties; brown bag talks and evening lectures with practitioners and academics; and career events such as internship and alumni panels. We regularly collaborate with other concentrations, student groups and regional institutes to address the wide array of interests among our EPD students. EPD graduates are uniquely prepared for careers in international development. They seek leadership positions in the nonprofit, public and private sectors and pursue opportunities in development consulting, microfinance, small business and social enterprise development, corporate social responsibility, gender and development, education policy, public health, sustainable development, post-conflict reconstruction, governance and/or capacity development. EPD works very closely with SIPA’s Office of Career Services to provide a comprehensive support to our students. A sample of employers who hired EPD graduates is available here http://new.sipa.columbia.edu/careers/employment-statistics/career-paths-by-concentration.

Violence in America Essay examples - 660 Words

Violence in America America is a violent nation. Many people think that America is full of freedom and democracy. Do these people actually see what happens in America? Do they see the violence in schools, the crime in our society? Most likely, no, these people have loosely seen our society, the violence and the frauds that plague Americas history as well as the present. The short essay Violence in America demonstrates all violence in this country. Teddy Bears show how the public feels about guns and how they are used. In the Teddy Bears poster, guns are displayed as objects that are not regulated by laws. The toys are tested for hazardous parts, sharp edges, and anything else that would harm†¦show more content†¦In the early 1800s, when many immigrants came over from other countries, violence against the natives increased dramatically. America being the young nation it was could not deal with the violence in the nation. The author states Justice often meant frontier justice, in which groups of the local citizenry took the law into their own hands: hanging horse thieves, or riding undesirables out of town were among the ways early criminal sentencing was handled (Moser, Watters p 481). Following the Civil War, many whites started organizations such as the Ku Klux Klan, Bald Knobbers, and the White Cappers. These organizations mainly targeted guiltless blacks, and on occasion, other minorities. Lynching was commonly used to kill the blacks. About 3,209 blacks fell victims of these hate crimes during the years 1889 to 1918 by these organizations. Many minorities that worked at the factories, as well as the majorities, started many riots, boycotts and other forms of strikes to accomplish the goals they set out to achieve. Often the government would react violently to these people with brutality. Cities and jobs are not the only place where violence occurs. Homes and schools are no longer safe places to be. An increasing number of students are bringing weapons to schools so they can feel safe, or they plan to use them for ill purposes.Show MoreRelatedViolence in America: The Representation of Violence in the Media505 Words   |  2 PagesIn America, violence has always been an integral part of national culture. Crime and bloodshed, euphemized through use of â€Å"action† (this has a source) plots, are glorified both on and off screen. The more disturbing the act of violence, the more enthralled the public seems. The most prolific of crimes, those committed by infamous serial killers, inspire the most attention. As said by Jeff Lindsay, creator of the book series that inspired the wildly-popular television program, Dexter, â€Å"We’re sickenedRead MoreGun Violence And Its Effects On America1743 Words   |  7 PagesFor many decades, gun violence has taken the lives of many; friends, family, artist, presidents, and even law enforcement. These tragic losses are a result of rapid, furious reactions from people who don t stop and think, is this truly worth their life?†. Fortunately, some of these killers were put behind bars and loved ones were able to find justice but justice could never replace the life of someone. Gun violence is dividing America and the majority of those at risk are innocent. How many moreRead MoreEssay about Violence in America2573 Words   |  11 PagesViolence in America Beginning with the urban drug wars and the Rodney King riot all the way up the spectacular lynchings in Texas and Wyoming, and now the mass murder/terrorist strike by teenagers in their own high school, the 90s is a decade made numb by civil disorder. In between came the incidents at Ruby Ridge, Idaho, and Waco, Texas, involving dubious law enforcement assaults on separatists, which led to the terrorist bombing at Oklahoma City — the single worst terrorist act in AmericanRead MoreThe Problem of Gun Violence in America603 Words   |  2 Pages Gun violence is a big problem in America which needs to be fixed, enacting more laws that restrict usage and ownership of firearms is not the answer, doing so will only create more violence and deaths, American crime rates are lower when compared to other countries when the debates started, the crime rate sky rocketed making people buy more guns and ammunition. Between the years 2000 and 2010, 335,609 people died by injuries from firearms. With more guns on the streets, this puts a greater riskRead MoreMedia Violence and the Decline of America1786 Words   |  8 Pages â€Å"Corporate greed is the beating heart of America!† (Law Order) There is an insatiable hunger that strikes every commercial business. It is an unquenchable desire for more money. Who wants more money? Most corporations do not have to think more than once about this question. They already know the answer. Their only mission is to increase the amount of money they make in one way or another, and to discover effective ways to acquire even more of this coveted resource. Businesses exist for moneyRead More Decreasing Violence in America Essay6606 Words   |  27 PagesDecreasing Violence in America Today in St. Paul two people were murdered. It has been reported that the two were fighting with a third party about a phone call that was made. The suspect is in custody and the case is under investigation,† a reporter in the ten o’clock news reports. â€Å"Spouse and child abuse are on the rise. This year alone over ‘6 million men, women, and children were victims of severe physical attacks from their spouses or parents’(article 16)*,† another reporter reports.Read MoreThe Impact Of Gun Violence On America1905 Words   |  8 PagesJosh Olorunsaiye Ms. Middlebrooks Honors 10 Literature 5 March 2016 Gun Violence in America Gun Violence is a major problem in the United States, it leads to a lot of deaths every day. The area of focus is the United States of America. More controls need to be put on guns to make America a safer nation. More than 30,000 people are killed each year in this country due to guns. There are some questions that haven’t been answered like, Amendments that need to be made to reduce the availability of gunsRead More Domestic Violence in America Essay3058 Words   |  13 PagesUnited States is a large-scale and complex social and health problem. The home is the most violent setting in America today (Lay, 1994). Sadly enough, the majority of people who are murdered are not likely killed by a stranger during a hold-up or similar crime but are killed by someone they know. Not surprisingly, the Center for Disease Control and prevention has identified interpersonal violence as a major public health problem (Velson-Friedrich, 1994). Current estimates suggest that three to four mil lionRead MoreTeenagers in America and Dating Violence536 Words   |  2 PagesTeenagers in America are becoming more attuned to the social structures around them, like gender, social class, sexual orientation, and other aspects of life. With this social attunement comes uncertainty, the natural response to a new situation is fear and the next link in the chain is to hate what we fear. To change this response in all people the way we raise our children will have to change. The world is changing faster than ever before, the rearing of our children affects how theyRead More The Effects of Television Violence on America Essay1478 Words   |  6 Pages America has the highest crime rate in the world. Along with that crime rate is also the very high violence rate. Why is violence becoming and everyday event in our society? When you flip on the television and tune into the news, the highlight of every show is somehow directly related or connected to violence. We see it every evening and perhaps say Oh my gosh and then forget all about it two minutes later. Or perhaps we dont even make any comments at all, just a simple grunt or â€Å"Oh

International Human Resource Management and Organizational Behavior Free Essays

string(43) " create significant comparative advantage\." INTERNATIONAL HUMAN RESOURCE MANAGEMENT AND ORGANIZATIONAL BEHAVIOR II (1089) Individual Paper Review By Diana Kovacheva ID 0752805 I. Abstract This paper has the purpose to review the seven articles and parts of books stated in class and evaluate them with the help of 3 criteria. Firstly, the three chosen criteria are going to be defined. We will write a custom essay sample on International Human Resource Management and Organizational Behavior or any similar topic only for you Order Now Then a brief summary of each article or book chapter is going to be made followed by an evaluation according to the mentioned criteria. . II. The Criteria * Currency This criteria is supposed to define if the information in the article is current, not only by stating when it was published, but also by analyzing if this is from importance for the purpose/outcome of the article. This criterion might be very important when evaluating factual information, because new findings constantly emerge. However, for some type of information, currency is not an issue. * Objectivity This criterion is supposed to check if the information presented is mostly based of facts or it just expresses personal opinion. Important for the evaluation is to examine whether the claims are logical and credible and if there is evidence for that. * Relevance for practitioners Here it is important to evaluate if the information given in the article could be of use for the audience it is meant for. For this paper, under â€Å"audience† is meant people who deal with the issue of international human resource management and organizational behavior. III. Global Managers: no longer men alone The article of Nancy Adler explores the changing role of women in management position and traces the evolution of the perceptions of the female role and that of diversity in the context of successful global management. The introduction to the topic stresses on the fact that the traditional judgment for one’s skills and abilities based on gender is increasing the opportunity costs for the companies. Due to the global intensified competition, it is becoming more and more crucial for a company’s success to recognize a potential talent regardless of its gender. This has led to an increasing number of female representatives to be found in top leading position. Following this trend, questions about the difference in the management style of both genders have arisen. Furthermore, no consensus has been reached on the issue if male and female managers act differently or they are just perceived to do so. For the better understanding of this issue, a table with a set of six questions – three behavior- vs. hree perceptual-based, two descriptive vs. four evaluating, was presented. In it individual assumptions showed different dimensions of â€Å"difference†, some people stating just that both type of managers are similar or different, and others evaluating the difference as inferior or superior. It was criticized the fact, that most of the assumptions are based on perceptions and not on real observations, due to the fact that still not so many women are to be found in higher positions. After further reclassification of the questions, four approaches were presented about increasing the number of women in global management positions: 1) Identifying with men’s approaches to managing internationally : Here management by men is conceived to be superior to that by women and women try adopt their manner of managing; 2) Denying difference : this approach assumes that there are no differences, there is only one way to manage and both male and female managers are treated identically; 3) Identifying with women’s approaches to managing internationally : here the difference between the two gender is agreed upon, but also the women’s superiority in managing because of the typical characteristics of the female gender and their increasing importance in doing business globally; 4) Creating synergy : this approach stresses on the contribution and synergies of the combined management styles ‘ The article also presents the evolution of organizational culture and classifies it into 5 stages: 1) Homogenous culture: in this first stage it is mainly the historical-conditioned dominance of men in leading roles. This is possible only when no internal or external pressure is present and diversity is irrelevant; 2) Single-culture dominance: identifying with men – since the 60s, equality on the two genders was promoted which led to an increased number of women in domestic and low-level position; 3) Denial of differences: the stress here is not on the gender, but on excellent performers. However, the identical treatment of women like men led to many women in top positions resigning because of the unsatisfactory conditions; 4) Accepting differences: companies recognized and appreciated the different between the genders and the importance of tolerating women’s approach for market segments dominated by women; 5) Leveraging differences: the increased global competition since the beginning of the 20th century has led to the recognition of the importance of diversity and diversity-based learning and innovation. As a conclusion, the evolution of the role women has played over time was briefly summarized again, stressing on the shift from quantitative to qualitative measures. The authors mentions that still only few companies have reached the last level and recommends a more open discussion about the importance of diversity. * Currency : the article was published in 2002 and most of the sources are from the 90s; furthermore, the last trends discussed has started with the beginning of the century and so, are still current; * Objectivity: the statements made are mostly based on research on a global level and a logical relationship between the arguments and the stages presented in obvious * Relevance for practitioners: the topic is of high relevance and importance for practitioner. The issue presented in the article in increasingly discussed globally and represents a crucial part in the modern understanding of management. IV. Creating Values with Diverse Teams in Global Management The central issue in this article is how to create value with global diverse teams and the obstacles that arise using such teams. There teams are believed to have a lot of potential and be able to create significant comparative advantage. You read "International Human Resource Management and Organizational Behavior" in category "Essay examples" However, in practice this is usually not the case because of misunderstandings and lack of interaction between the various cultures. On the other hand, exactly the cultural differences are believed to create value due to the multi-sided approach and innovative solutions they can generate. According to the article, global teams were divided into three performance categories: * The destroyers: those team usually underperform because of mutual mistrust and lack of collaboration * The equalizers: by suppressing the differences, these teams are just performing on average in order for the business to keep going * The creators: here the potential of a global teams is fully taken advantage of and cost and time are saved while coming up with new and innovative products at the same time As stated in the article, the success of the creators? team was due to the use of the three principles of mapping, bridging and integrating (MBI). * Mapping to understand the differences: i. e. understanding the reasons that lead to the different approach of the team members. This principle includes the following steps: define the territory (identification of the crucial differences), draw the map ( assessment of members` characteristics), assess the terrain ( using the map generated in the prev ious step in order to identify future potential dynamics), develop cartographers ( mapping alone is not enough for high performance, incorporating the knowledge is what makes difference). Bridging to Communicate Across Differences: here of great importance in the well-functioning communication within the team, the latest define in the article as â€Å"sending and receiving meaning as it was intended†. Three steps are included in this principle : prepare the ground ( â€Å"motivation to communication†¦ and confidence to overcome any differences† are considered to be crucial, keyword here is also self-management), decenter : build to the other shore ( adapting one? s behavior and thinking to the other’s one, without judgment), recenter: span the bridge ( in contrast to the previous step, here essential is the building of a new basis of interaction after the differences are already known). Integrating to Leverage Differences: the final principle in order to ma nage diversity consist of the following steps: managing participation for basic leverage with the help of tools and techniques that can facilitate the interaction and include all the members, resolving disagreement ( also hidden ones) to increase leverage and building on ideas for optional leverage, where everybody should be given the chance to take part and to express their ideas. In conclusion, the article states that the MBI principles are just a prescription, and not a guarantee of success. Furthermore, a separate approach for each team should be applied since each team and its potential is unique. Last but not least, the article concludes with the statement that global teams hide great potential, but it takes time and effort in order for it to be exploited. However, global teams belong inevitable to the future and so, the sooner managers try to use differences and not to avoid them, the better their companies will be performing * Currency: The topic is quite current nowadays. It has been discussed for a large degree in the recent years and it is also going to be a leading issue in the years to come. Also, due to the high degree of unsatisfactory performance of such teams, the topic is going to be further analyzed till some form of advance has been found. Objectivity: The arguments presented are following a certain, easily-traceable scheme, with logical relationships and empirical supported information. The logical transition from one stage to another is solidly explained. * Relevance for practitioners: this is highly important topics for practitioners. Because of the effects o f increasing globalization and the more free movement of people on a global level, work in diverse teams has become a major issue for managers. Especially the fact, that in such teams a huge potential is hidden, makes the article very attractive for this audience. V. Understanding cultures and implicit leadership theories across the globe : an Introduction to the project GLOBE The article of House et al. ntroduces and gives a more detailed description of the GLOBE (Global Leadership and Organizational Behavior Effectiveness) research program as well as the motives that hide behind the idea. The aim of the survey is to identify how and to what extend could cultural-specific attributes have an influence on effective leadership. The need for a deeper understanding of the influence of culture on management and leadership styles has arisen for various reasons. Apart from its practical relevance, nowadays it is also highly important to know in what way one should conduct business in a dif ferent cultural environment. In addition to that, factors, not taken into consideration in the existing theories ( e. g. eligion, ethnic background) could play a key role in identifying new relationships. Literature on this issue shows an established connection between culture and leadership styles. However, different points of view also exist. According to the article, some believe that historical background inevitably has an impact on the degree of cooperation and commitment. On the other hand, some aspects of leadership are thought to be universal in practice. The GLOBE research consists of several phases and different methods are being used in order to study the relationship between societal and organizational culture, as well as organizational leadership. Its team is represented by the Principal Investigator (who is author of the article), Co-Principal Investigators and Country Co-Investigators (CCIs), who have a specific knowledge of the examined cultures and are able to interpret the results in a proper way and context. As stated in the article, the main goal behind the idea for the GLOBE project was to develop an empirically-tested theory which examines the impact of different cultural variables on effective leadership. Of course, this was achieved with the help of numerous sub-questions, which studied different aspects of the acceptance of leader behavior. The following phases were used in the research: Phase 1 – development of research instruments (societal and organizational measures of culture) ; * Phase 2 – assessment of nine relevant dimensions and testing the hypotheses made; additional measures of ethnic, social, political and economic background were also included; * Phase 3 – impact and effectiveness of leadership styles, culture-specific and organization-specific aspects; long-term effects on the organization; In order to conduct the research, unanimous definitions of the examined factors were needed. A consensus was reached about the definition of â€Å"an organizational leadership† and â€Å"a leader†. However, it was not so easy to give a definition for â€Å"culture†. As House et al. states in the article, the chosen variables were â€Å"indicators of shared modal values of collectivist† (House et al, 2002, p. 5) The studied nice dimensions were: Uncertainty Avoidance, Power Distance, Societal and In-Group Collectivism, Gender Egalitarianism, Assertiveness ( reflecting the Hofstede dimensions), Future Orientation ( Kluckhohn Strodtbeck ), Performance Orientations ( Mcclelland ) and Human Orientation ( Kluckhohn Strodtbeck ) . The empirical research identified six of those nine dimensions that could be generalized for different cultures. The results were not presented in the article with further details but a reference to another article of the same author was made. The integrated theory in the areas of leadership, values/belief, implicit motivation and organizational form and effectiveness that hides behind the GlOBE model is based on various propositions about the relationships between cultural values, leaders’ actions, organizational and societal culture, strategic organizational contingencies and leader’s effectiveness and his acceptance by others. Currency: The GLOBE project began in the mid-90s and so, the data analyzed has been collected also towards that time, which makes them considerably current. Furthermore, the topic is of great relevance and this would remain so also in the future. Many current studies are also based on the GLOBE project, which means that the information and data it provides are considered to be up-to-date. * Objectivity: The research has been conducted in several phases, also with the usage of different methods, which means that the results presented could be considered for highly reliable. Also, the logical connection between the arguments and the main points discussed are easy to follow and well-grounded. * Relevance for practitioners: Leadership is also one of the main issues of the new century. Due to the fact that business is conducted worldwide and one and the same company is expanding to new and foreign markets, the problem of effective leadership has been worrying many managers. This is why this article provide an important and relevant information for managers and leaders. VI. Cultural Acumen for the Global Manager: Lessons from Project GLOBE The article by Javidan House focuses on cultural similarities and a difference among many of the countries examined in the GLOBE project, discusses the results and explains their implications for global managers. Globalization itself in considered to be bringing many opportunities, but with respect to cultures, it also brings many challenges. As stated in the article: â€Å"Being global is not just about where you do business. It is also about how you do it. † ( Javidan House, 2001, p. 292). As an introduction to the topic, the authors mention the drivers and results of globalization and their impact on international business. Nowadays different cultures come more and more often in contact with each other and business is becoming more global than ever. The main drivers for that are considered to be the increasing trade between nations, internet, foreign direct investments and various mergers and acquisitions. As a result of that, collision of different cultures in the business life has become something common. From this, however, could not be concluded that cultural differences diminish. Quite the opposite, major problems and misunderstandings arise from the lack of awareness for the various cultural values and practices. This is why the importance of a competent global leader is becoming crucial. His role was even rated the most important factor for business success in a survey of Fortune 500. An expert in international business is required to accustom and take into consideration differences as well as to consider the ideas and opinion of the partners he is doing business with. Because of the mentioned above, the authors stress the importance of the GLOBE project as a guide for managers in international business. With the help of the nine dimensions (already mentioned in the previous article as well), the derived results could be used for better understanding of cultural similarities and differences. In the articles the nine dimensions are briefly explained and the results of cultural practices are shortly presented: * Assertiveness – explained as the extent to which a self-confident and assertive behavior is tolerated. Here high score the U. S. , Austria and Spain; low – Sweden, New Zealand respectively, the last being thought to prefer cooperation over competition. * Future Orientation – the inclination for planning and investing in the future. As highly future-oriented appear Singapore, Switzerland and the Netherlands. On the contrary, Russia, Argentina and Italy are characterized with shorter planning horizon * Gender Differentiation – the emphasize on garner role differences; As paying less importance on gender appear Hungary, Poland and Denmark. , where more women could be found on higher positions. On the other hand, in South Korea, Egypt and China men enjoy higher social status. * Uncertainty Avoidance – in Sweden and Germany more attention is paid to orderliness and structure, whereas in Russia, Greece and Venezuela people are more tolerant towards uncertainty. * Power Distance – here high rank Russia, Thailand and Spain, where superiors are granted greater power and obedience. In countries like Denmark and the Netherlands, however, there is less differentiation in the hierarchical structure. Institutional emphasis on collectivism versus individualism – individual performance counts more in countries like Greece, Italy and Argentina. Cooperation and collective good is more important in Sweden, South Korea and Japan, where because of historical reasons people tend to help and rely on each other for their â€Å"survival†. * In-group collectivism- in Iran, India and China belonging to a group is of great importance. In contract, in Denmark, Sweden and New Zealand people do not feel obliged to the others belonging to their groups. * Performance Orientation – in Singapore, Hong Kong and the U. S. results show a high interest in development and training. In countries like Russia, Italy and Argentina people pay more attention to loyalty and tradition than performance and competition * Humane orientation – in Malaysia, Ireland and the Philippines support of each other is highly valued, whereas in Germany, France and Singapore people are more interested in power and material gains. As the authors point out, the results of the GLOBE project provide information managers can rely on when confronted with cross-cultural communication. Because of the high sensitivity of each culture, for successful negotiations it is crucial to be aware of some cultural differences in the other country, concerning direct language and punctuality, contract horizon, hierarchy etc. As a further advantage of the project, the author point out the high reliability that the findings provide. All in all, the GLOBE provides guidance and help for the global managers and enhances their cultural acumen. Currency: As already mentioned by the evaluation of the previ ous article, the information that the GLOBE project provides and the possible areas of its implication are a topical relevance and high interest. Furthermore, the problem discussed in the article in a global problem at the moment and will probably be in the next decades. * Objectivity: Data for the research has been gathered in several phases, also with the usage of different methods, which means that the results presented could be considered for highly reliable. Arguments are logically connected and relationships between the results of the project and the problem discussed are supported. Relevance for practitioners: Since globalization brings so many opportunities and doing business abroad always includes minimum a collision of two different cultures, the impact of culture on the business and negotiation process has been of high relevance for practitioners Because the article provides important information in this matter, it could be used as a guide with real-life related tips. VII . Culture: the neglected concept The book chapter â€Å"Culture: the neglected concept† has as main issue the prediction of behavioral differences across cultures. At the beginning the role of culture is discussed as a tool for cross-cultural comparison, as well as the different aspects that culture, social system and society imply. However, no clear conclusion was reach at on how to differentiate cultures. Furthermore, the author mentions also that there is a huge diversity within major nations (e. g. Japan, UK, the Netherlands) and also that there are many conflicts within nations. As next, with the help of key studies, the author tries to develop a conceptual framework which would help to identify variables with which cultures could be differentiated. Different studies using economic development factors, or ecological and sociopolitical indicators were discussed, but in both cases there were criticism and inconsistent findings. A positive contribution was considered the work of Hofstede in his book â€Å"Culture’s consequences†. He has analyzed a large scale data bank and on this basis has developed a model how to compare countries. He has classified them into four dimensions: power distance, uncertainty avoidance, individualism-collectivism and masculinity- femininity. Of course, that model is considered to be just one possibility in finding differences among on a country level. Hofstede’s study was criticized on various basis, but still the data used covers a substantial global sample. Furthermore, conformity is identified in the definition of culture by Hofstede and Rohner. However, it has been pointed out that the core values of Hofstede are applicable to national cultures and not individuals, and as still, they are average results. The Chinese Culture Connection pointed out the necessity to discount cultural bias from the results Hofstede came with. The results of their research overlapped to a great extend with those of Hofstede (three out of four factors). In addition to that, another variable was also proposed which led later on to the supplement of a fifth dimension. Another study by Schwarz was reviewing earlier history and defined three needs as essential: biological needs, social coordination needs, and the survival and welfare needs. This study was more analyzing the meaning different people put into values and it focused more on individuals rather than countries. However, the results were seen as a more detailed version than those of Hofstede. Furthermore, Trompenaars examined value dilemmas across nations. He proposed seven dimensions, some of them very close to the ones of Hofstede plus conservatism-egalitarian commitment and loyal involvement – utilitarian involvement. In the last part of the chapter a step-wise approach towards identifying a useful conceptual framework was adopted. Firstly, a search for universal aspects of social behavior, mainly used by social anthropologists and psychologist, has been discussed. In this place universals are further divided into simple, variform and functional ones, the first two mainly used by ‘etic’ analysis of human behavior and the third one- in ‘emic’ analysis. The last one (emic analysis) is considered for the most reliable method for making generalizations on a local level. In this first step also the four elementary forms of social relations by Fiske are mentioned : ‘communal sharing’ , ’authority ranking’ (these two similar to two of the Hofstede’s dimensions) , ‘equality matching’ ( i. e. parties relate on the basis of equal contribution) and ‘market pricing’ (i. e. people use their comparative advantages over the others). The second step mentioned is the dilemma about the cultural causation of human behavior. A problematic point here is to determine if the research question is to be examined at the individual- or at the culture- level (the so called levels of analysis). The article proposed several different approached by different researchers. Furthermore, Smith and Schwartz (1997) proposed the following dimensions: autonomy vs. embeddedness and equality vs. ierarchy, which resemble again some of the Hofstede’s dimensions (namely individualism-collectivism and power distance), but u sing the updated results from some more recent studies. Then the authors introduce a further division of collectivism according to the context it is meant: in a hierarchical or egalitarian one. According to Parsons and Shils there is also another pair of concept: universalism and particularism. The first is describing the equal distribution of justice and the second – the subjective desire to associate with somebody. The final part of the chapter comes back to the major issue if values of people serve as a sufficient orientation point when cultures are being compared. Behavior is also mentioned to play an important role in this matter. Different studies are offering different approaches and assumptions concerning those variables and it is also presumed that this is a potential future field of further research. * Currency: Concerning this criterion, this chapter might be classified as a bit old. A reason for that is not only the publication year (1998), but also because many of the studies and data used for it are already dating to even earlier. As it is quite well-known, the new century brought with itself many new directions for the futures and the impact of globalization on culture-related issues changes every now and then. * Objectivity: In this chapter various authors and research results are mentioned, however with the criticism that some of the researches conducted do not based on a solid and reliable data. The different concepts are relationships between concepts and studies are explained, but due to the large number of studies and various explanations, the comprehensiveness sometimes goes lost and this might lead to losing the logic of the argument. * Relevance for practitioners: the approach in this chapter is more theoretical relevant than practical. Many studies are discussed, which are based on different approaches and research fields. However, less practical applicability in real business life has been detected. VIII. Theoretical Basis: Intercultural Communication and Cooperation The article of Thomas begins with a discussion about culture and its meaning. He compares it with a ‘system of orientation’ that creates a sense of belonging among the members of the same culture due to its specific features. Moreover, based on the usage of the same symbols and meanings, people can identify that they belong to the same group. However, in the socialization process it often happens that we are confronted with an unfamiliar behavior. Here a crucial point is what orientation signals to use when two persons from different cultures are in a conflict situation. A good example of the different approaches of Germans and Americans is given – the first handing more customer-oriented and the second caring more about technical perfection. Those examples lead to the conclusion that some general cultural standards exists that can explain why different cultures act differently and the same situation. Furthermore, domain-specific cultural standards also exist, which are bound to a specific context. Lastly, another study indicates also the existence cultural-specific behavior patterns. The main use of cultural standards in that they provide a helping hand for orientating and explain why the partner behaves unfamiliar. The knowledge of other culture standards can be very important by interpersonal negotiating and cooperating. In addition to national culture, the concept of corporate culture also exists and it is highly influenced by the first one. In an organization, many factors, such as the industry the company in operating in and other job-related factors have an impact on the behavior of its members/employees and thus they can also form a â€Å"common language† and values. It is suggested that corporate culture can be analyzed on the basis a three-level-model suggested by Schein. Those are: material and immaterial artefacts (easy to identify, but not to interpret their impact), values, norm and rules of behaviour (great influence) and basic assumption (vastly accepted values that help attain corporate goals). Thus, due to the daily interaction people in a corporation create their own subjective reality, based on the common values and social norms. So, as stated in the article, corporate culture is influenced by and influences national culture on the one side, and on the other, there are also subcultures formed within the corporate one. As a further point in the article the effects of internalization are discussed. Because of this phenomenon, the international atmosphere that is more often to find in many work places, cause that many different national cultures collide in an organization. Here an importance should also be paid to the industry the company is operating. The author mentions both the advantages and challenges of internalization and mentions that the inability to identify with the newly formed corporate culture can has a serious negative impact on the newly formed company. This is why the issue of the transition from the old to a new system has become a central concern for the leaders of such international corporations. The last part deals with cultural overlap, more precisely, the situation when two people with different cultures (values and understandings too) are supposed to work together. This difference can either improve the work together or threaten it. In the article four type of behavioural ruler are presented: either the own culture is considered for superior and the other party has to adapt or vice versa. The third option would be the one, where the two parties are too different in order to cooperate in any case. The best option, however, is when significant elements of the two cultures and combined and integrated into a new one. A Challenge in those rules is to gain more understanding about the cause-effect relationship of each other’s behaviour and also to have a deeper understanding about the own way of thinking and judgement and the reasons defining the way of perception of the other. New opportunities could be recognized and exploited only if a person is open for and interested in the different culture, and not taking right away the unfamiliar behaviour for one of lower rang. Obviously, none of the too extreme options (convergence or divergence) are good for the interaction. As stated in the article, differences should be recognized and acknowledged, and a gradual modification of the own, and adaptation to the other’s culture should follow. The next question that arises is: to what extend should that happen? As a conclusion it is said, that interculturality is only possible is one of the partners has a dominant role. However, he should also be able to understand and accept the other’s behaviour, be tolerant and respect it. This characteristic can be best developed by specialized trainings and intercultural coaching. * Currency: The book from with this chapter comes was published only in 2010, which is an obvious sign of its currency. Furthermore, the issue discussed in it is becoming more and more important with the ever increasing trend towards internalization. Objectivity: The chapter includes different theories, but no own empirical research. Many situations are given as an example for the stated arguments and those sound quite convincin g. Also for the issue discussed, probably observation of behavior in cultural overlap should also be more appropriate. * Relevance for practitioners: The topic is quite important for managers doing business abroad. Even if they are not aware of the fact, that cultural overlap can cause huge problems in negotiations or work together, the topic should be seriously taken by them. The main argument behind that is the fact that the majority of foreign ventures are not successful mainly due to misunderstandings between the parties. IX. The A, B, Cs of Acculturation This chapter is a review of both theory and empirical research concerning acculturation. The term of acculturation is defined here as â€Å"changes that occur as a result of continuous first-hand contact between individuals of different cultures† (Ward, 2001). Furthermore, it can be divided on the basis of various dimensions. In this chapter the focus falls on sojourners, immigrants and refugees on the one hand, and social identification, culture learning and stress and coping theoretical approaches, on the other. The first of the theoretical approaches – social identification- concerns the perception of oneself and others. This can be measured on two levels- on individual (focuses on how acculturation is defined and measured) or on group-level (interaction between a member and a foreigner of a community). Culture learning, on the other hand, blames for the cross cultural problems the ‘foreign’ parties and suggests that they should adapt to the culture-specific variables. The third approach defines the process of adapting as a series of stress-provoking situations, followed by attempts to cope with them. In a reversed order, those approaches constitute the three components of acculturation- affective, behavioral and cognitive, the so called A, B, Cs of acculturation. The question how to define adaptation has been mentioned as an important point. Many indices resulting from numerous researches have been proposed, each offering different approach and models. However, as common variables in all mentioned measures appear the psychological well-being/satisfaction and the effective relationships with representatives of the new culture. Furthermore, the author proposes two major categories for intercultural adaptation – psychological adjustment and sociocultural adaptation – that provide a good but still scarce overview. A model that combines the three theoretical approaches and the two aspects of cross-cultural adaptation is further introduced and described in details. On the cognitive side (social identification), three models are mentioned for fundamental changes of cultural identity: assimilation of the foreign culture, a middle position between assimilation and separatism (bicultural identity) and the perception of the host and home cultures as independent. The following findings were presented: younger immigrants tend to be more easily acculturated; men get accustomed quicker than women and second generation immigrants are more opened to adapt. In addition to that, demographic, educational and socioeconomic factor also have an impact on acculturation. However, a recommendation for further theory development has been because of the insufficiency and inconsistency of the existing ones. The next approach – cultural learning- focused on behavioral changes in connection with cultural interaction in order to gain useful skills to adapt. Social skills and social interaction has been mentioned as crucial. However, many barriers, may threaten the successful intercultural communication. For example, nonverbal forms, such as gestures, silence or facial expression, that have different meaning across cultures, may lead to even an insult without any purpose. These obstacles can be over masters with the help of cultural trainings, participation and intercultural friendships. Sociocultural adaptation could be facilitate with more culture-specific knowledge, it follows a learning curve and it is easier for sedentary groups. Of greatest importance for the last theoretical approach is the prediction of psychological adjustment. For the stress-and-coping approach cultural contact and change are crucial because they lead to the search of a response. Here also a recommendation for further research in the area has been made. In the conclusion the author mentions that concerning acculturation, the field of research is vast. The combination of theory and conducted research contributes to the better understanding of the issue, but it is still not universal. Cultural differences could easily be translated into assimilation discouragement and psychological and sociocultural problems. Even if great development in the area of acculturation has been witnessed, for the future more comprehensive and larger scale studies would be warmly welcomed. Currency: The chapter has been published in the beginning of the century, thus also marking the beginning of the century where borders have less and less meaning. The topic is also one that is highly discussed and many future researches will be directed towards the issue of accul turation. * Objectivity: The chapter represents a mix of various theories and empirical studies, the results of various relevant to the topic studies has been presented and so, this criteria could be considered as fully fulfilled. * Relevance for practitioners : No doubt the problem of acculturation and the impact on a global level is of high relevance for practitioners. Especially since borders has lost their meaning, nowadays people are moving all around the world, and consequently, are directly faced with the problem. References: Adler, N. : Global managers: no longer men alone. In : The international Journal of Human Resource Management, 2002, Vol. 13(5) (pp. 746-761) Distefano,J. , Maznevski, M. : Creating Values with Diverse Teams in Global Management. In : Organizational Dynamics, 2000, Vol. 19 (1) (pp. 45-63) House, R. , Javidan, M. , Hanges,P. , Dorfman, P. : Understanding cultures and implicit leadership theories across the globe: an introduction to the project GLOBE. In: Journal of World Business, 2002, Vol. 37 (pp. 3-10) Javidan, M. , House, R. Cultural Acumen for the global manager: Lessons from project GLOBE. In: Organizational Dynamics, 2001, Vol. 29, (4) (pp. 289-305) Smith,P. B. , Bond, M. H. : Culture: the neglected concept. In: Social Psychology across Cultures, 1998, 2nd edition, Harlow, London, New York (pp. 38-69) Thomas, A. : T heoretical Basis of Intercultural Communication and Cooperation. In: Thomas, A. , Kinast, E. , Schroll-Machl: Handbook of intercultural Communication and Cooperation: Basics and Areas of Application, 2010, 1st edition, Vandenhoeck Ruprecht (17-52) Ward,C. : The A,B,Cs of Acculturation. In: Matsumoto (ed. ): The Handbook of Culture and Psychology, New York, 2001 How to cite International Human Resource Management and Organizational Behavior, Essay examples

The Future Hospitality Trends Tourism Essay Essay Example

The Future Hospitality Trends Tourism Essay Essay The cordial reception industry is one of the most of import industries globally since it generates one million millions of dollars across the world.This industry is big and it indirectly and straight employs staff in different professions including hotel industry, touristry industry, air travel industry and other industries. The cordial reception industry chiefly relies on disposable income of clients and presence of leisure clip since many services in this industry are enjoyed during leisure clip ( Beaver, 2002 ) . This industry is an of import gross earner in different economic systems particularly those which rely on touristry as a major beginning of authorities gross. However, the cordial reception industry is a really sensitive industry which thrives on economic and political stableness of assorted finishs and economic systems. Political and economic instability has a direct inauspicious consequence on this industry and may take to drastic gross losingss by such economic systems ( Clifford, 2008 ) . We will write a custom essay sample on The Future Hospitality Trends Tourism Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Future Hospitality Trends Tourism Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Future Hospitality Trends Tourism Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer It is hence of import to analyse this industry in relation to available chances and present menaces in order to foretell future tendencies. This paper will measure the hereafter trends in the cordial reception industry. The available chances and present menaces will be used to determine these tendencies. The paper will concentrate on both a planetary attack and an attack from the United States concern environment. Recommendations on what should be done to better the hereafter of the cordial reception industry will besides be given. The discussed issues will be summarized at the terminal. Future tendencies Short term diminution of industry due to economic crunch The cordial reception industry is one of the most affected industries every bit far as the planetary economic crunch is involved. This industry relies on disposable incomes of households and due to the effects of the crunch ; people are no longer able to afford vacations and leisure activities. Almost all states experienced inauspicious effects of the crunch and the touristry industry was one of the most affected. For case, touristry in Europe declined by over 5 % over the past three old ages, due to effects of the fiscal crisis ( Theobald, 2008 ) . In the US, the industry declined by 3 % in footings tourist reachings. Worldwide, the touristry industry declined by an norm of 4 % over a similar period, which translated to 880 million tourers ( John, 2010 ) . Although many economic systems are fighting to cut down the effects of the crisis, the cordial reception industry will be among the last to bask the benefits of monolithic fiscal injections to economic systems by authoritiess. Thi s is because services in the cordial reception industry are considered luxuries by many families and luxuries are the concluding demands satisfied by rational existences after all other demands are exhausted. Long term growing due to monolithic investings In the long tally, the cordial reception industry is expected to turn mostly due to the massive investings which are being undertaken around the universe. One of the finishs where there is heavy investing in the industry is the Middle East and specifically Dubai. Billions of dollars have been invested in Dubai with the intent of developing substructure needed to do it a universe category finish. Investing in hotels, belongingss, golf classs, conveyance, edifices, cultural museums and other tourer attractive forces have been realized in recent old ages. This includes the worldaa‚Â ¬a„?s tallest edifice and a seven star hotel ( Conrad A ; Alison, 2009 ) . Other authoritiess which rely on touristry as an industry for gross aggregation have besides made monolithic investings. This shows that in the long tally, consumers will hold a larger assortment of leisure activities to take from, which will promote the growing of the cordial reception industry. Execution of entire quality direction There has been a gradual betterment of service proviso in the cordial reception industry due to the execution of entire quality direction. This scheme involves betterment of the quality of services provided to increase efficiency, cut down costs and run into the demands of all stakeholders in the industry. The Malcolm Baldridge Awards introduced in recent old ages has helped better quality of service in this industry since it targets entire choice direction of houses in the industry ( Christine, 2006 ) . The Ritz Carlton hotel was one of the first to win the award, and to put new criterions in proviso of service in the hotel industry. Many houses in the cordial reception industry have recognized the importance of bettering service proviso due to intense competition and market consciousness of merchandises offered. The betterment of service proviso is likely to promote the growing of the industry in the long tally. Potential menaces and chances There are assorted chances which can be exploited in the cordial reception industry. There are besides assorted menaces to this industry and these should be mitigated to guarantee the industry is successful in the long tally. These chances and menaces will be discussed below ; Opportunities The major chance in the cordial reception industry is investing in substructure needed to fuel the growing of the industry and aim new and emerging markets. It has been discussed that many authoritiess and private house are puting in the industry particularly in the Middle East. It is of import to promote consumers to demand such services if the effects of the planetary economic crunch are to be mitigated. This can be done through supplying markets with unique services which were antecedently non offered and decrease of merchandise monetary values to promote local touristry in different states ( Jacques, 2000 ) . Local touristry has a really big potency in many finishs, although it is underexploited in most instances. Packages which encourage local touristry should be developed and services which meet local demands made available in order to enable long term growing of the industry. Menaces Global economic crisis One of the greatest menaces to the hereafter of the cordial reception industry is the planetary economic crunch. The planetary economic crisis has led to decrease of the growing and development degrees of most economic systems. This crisis has besides led to massive unemployment and decrease of the disposable income of many households ( Lennon A ; Malcolm, 2008 ) . It was antecedently discussed that the cordial reception industry thrives on disposable income of clients and presence of leisure clip. The planetary economic crunch has reduced the disposable income of households. It has besides led to decrease in leisure clip since many employees strive to work for longer hours in order to gain higher wages which can extenuate effects of the crisis. The decrease of incomes and leisure clip has led to a lessening in purchase of services in the cordial reception industry by consumers. Fewer people are able to go for leisure or have repasts at eating houses and hotels since they consider t hese services to be luxuries. Unless equal stairss are taken to cut down the effects of the planetary crunch, many houses in the cordial reception industry may confront losingss in the long tally. Deductions of the tendencies on cordial reception industry The deduction of these tendencies in the cordial reception industry is a short term diminution and a long term growing of the industry. Although the industry has declined late due to the effects of the fiscal crunch, there is possible for growing in the hereafter due to monolithic investings and consumer consciousness of merchandises offered. However, the private sector and authorities have a duty of collaborating of this growing is to be achieved. Massive investings, invention of alone services and consumer consciousness of merchandises offered is cardinal to accomplishing this growing. It is of import to do the undermentioned recommendations if long term growing of the cordial reception industry is to be achieved in future. Recommendations Government intercessions There are assorted authorities intercessions which should be implemented if the cordial reception industry is to turn and develop in future. Government intercessions should largely affect steps which stimulate economic growing and development every bit good as the creative activity of an environment which encourages the growing of the cordial reception industry ( Cooper, 2005 ) . This includes a fiscal bundle which is geared towards promoting more public investing and economic stableness of houses particularly during the current planetary economic crisis. It should besides affect development of substructure which will guarantee that the cordial reception industry is able to run into the diverse demands of clients. Merchandise distinction Product distinction is of import in run intoing alone market needs across different environments. It involves developing alone merchandises to run into diverse demands in different environments. Firms in the cordial reception industry should set about research on market demands and develop merchandises which meet alone demands across different environments ( Wilkerson, 2003 ) . This will guarantee that customersaa‚Â ¬a„? demands are satisfied and they remain loyal to suppliers of such services. In bend, the cordial reception industry will bask long term profitableness.

Political polling essays

Political polling essays The web site I chose to critique explains political polling and the statistical process behind the polling numbers. This was of particular interest to me, because I like many other Americans have never been asked nor know of anyone that has been asked a political question used in political polling. In short, the site explains what the numbers actually mean. The site uses a fictional mayoral election to explain the numbers. Also, it discusses margin of error and how it affects the polls. Next, the site goes on to clarify confidence. Finally, elucidation on what can go wrong in the polling process is discussed. In the fictional case Republican Stephanie Higgins was running against two-term incumbent, Democrat Webster Fletcher. Once Higgins formally announced she was running for mayor, the polls showed that Fletcher would win with 56% of the vote. However, six months before the election the mayoral race was tightening up. The polls showed that Fletcher continued to have a slight lead of 3%, with a margin of error of +/- 5%. The site raised the question of whether or not Fletcher actually had a lead if the margin of error is +/- 5%. Three months before the election Higgins took a 15% lead in the polls with same margin of error. Oddly enough, the day before the election some polls showed Higgins winning by a landslide. As expected it was a close election. The lead changed hands several times. However, Higgins pulled ahead and won the election in its last moments. To begin the site discusses the importance of the random sampling used in political polling. In class we defined a random sample as, everything in the sample stands the same chance of being selected at any point and any time. A great example was given on the site. If a doctor wants to figure out a patients white blood cell count, the doctor doesnt drain out all the patients blood and count the white blood cells. The doctor randomly samples the patients blo...

TColorButton Delphi Component Source Code

TColorButton Delphi Component Source Code The background color of a  TButton  is controlled by Windows,  not Delphi. TButton is a simple wrapper around the standard Windows button, and Windows does not allow it to be colored except by choosing the colors in Control Panel.   This means you can not set the background color of a TButton, nor you can change the background color of TBitBtn or TSpeedButton. Since Windows insists on doing the background coloring with clBtnFace, the only way to change it is to draw the button yourself by making an owner-drawn button component. TColorButton Source Code The TColorButton adds three new properties to the standard TButton: BackColor  - Specifies the background color of the buttonForeColor  - Specifies the color of the button text. Note that this overrides the Font.Color propertyHoverColor  - Specifies the color used to paint the buttons background when the mouse hovers over the button. Heres how to set color-related properties of the TColorButton at runtime: ColorButton1.BackColor : clOlive; //background ColorButton1.ForeColor : clYelow; //text ColorButton1.HoverColor : clNavy; //mouse over Installing Into a Component Palette The TColorButton comes  as  a single unit file with the .PAS file extension. After downloading the component, you need to install the source component into an existing package.

Sustaining L.A. Interview with Fallen Fruit Assignment

Sustaining L.A. Interview with Fallen Fruit - Assignment Example As an artist involved in community gardens, this is a whole new world of idea for me. The excitement of being able to intertwine two of what I consider most interesting aspects of my personal (and maybe even professional) life is amazing. I remember when Viegener recounts the story of giving free fruit jams in an L.A. art exhibit, stating that it is free because â€Å"it's public jam, it's from public fruit, and you're the public. We get it from you, it goes back to you† and how â€Å"people at the art fair L.A. don't like to maybe see themselves as the public† (2007). This is perhaps one of the most amusing things that struck me because I see the act of making fruit jams and giving them out for free as already an art in itself. Viegener is right in saying that â€Å"the meaning that's created in any work of art is about sort form of exchange that is always social† (2007). This can be applied to my interest in community gardens. The social exchange that is aimed at in Solano Canyon Community Garden is a sort of an inspiration. ... Viegener, Mattias and Burns, David. â€Å"Fallen Fruit.† Interview by Bill Kelley Jr. YouTube. kcet web stories, 2007. Web. 30 Nov. 2011. http://www.youtube.com/watch?v=z5pcdeZCmK4&feature=player_embedded B. Photo Essay on Solano Canyon Community Garden Photo: Al Renner. Credit: Ann Summa. http://latimesblogs.latimes.com/home_blog/2010/11/solano-canyon-community-garden.html When we talk about Solano Canyon Community Garden, we think of Master Gardener Al Renner, an admirably strong and robust man in his 70s who is a legend in his successes in acquiring more lands and funds for community gardens all over the country. He may be a picture of a kindly old grandfather who smiles at little grandchildren, but his active and alert mind makes one think that maybe his gardens give him something that nourishes his inner youth. For someone who hasn't been in Solano Canyon Community Garden before, one would realize that the freshness and vigor of this man can be seen from one's entry to on e's exit in the garden. http://www.mosaicsalltheway.com/publicsccg.html These are the walls the stretch on either sides of the garden's entrance. From the wall art itself, one can immediately sense the meaning the garden people want to send across: diversity and history. The rainbow and the mosaic replica of the elementary school are shown on the walls, and they immediately tell you that yes, this is California diversity and yes, this place has a historical value. You can always look for that face from the first photo and ask all about the garden's story and be amused at how history and diversity can be reflected immediately in his words.

Management Risks in Financial Institutions Essay

Management Risks in Financial Institutions - Essay Example Basically, risk and return are related in the same direction. A minor example of this would be a bank charging different interest rates on different individuals who have opted for the same loan. The individual who has a relatively poor credit history is likely to receive a higher interest rate as there are chances of him/her not paying the loan bank. Therefore, there is a higher risk and the bank gets a higher return through the higher interest rate charged. However, risk needs to be managed and there can be several huge losses if the financial institution is not ready to deal with it. Risk management is a type of strategy which every financial institution needs to have at its core and there are several parts involved in this including monitoring the risks, measuring these risks and controlling risks. It is the analysis of risk mixed with the element of quality risk controls. Risk management is required by banks and financial institutions as a safety measure to protect the institutio n from any major financial problems. The uncertainty and the potential inherent risks that come with the financial markets makes it important for most of the financial institutions and banks to use risk management. The risk management controls are one of the major determinants of the financial stability of a bank. The most common types of risks faced by most financial institutions There are several types of risks involved with financial institutions and these risks are as follows: Systematic risk. This is also known as diversifiable risk. Basically this particular type of risk means the risk of the change of asset value associated with systematic factors. Therefore, the risk cannot be fully diversified. There are several subcategories under systematic risks and there are various ways in which the value of an asset can be affected. The determinant of the change in the value of the assets owned by the institution and it depends upon natural and economic factors including interest rate s affecting the value of the assets, an increase in inflation might cause an increase in fuel prices which might affect transportation and stock value and changes in economic conditions which may cause several changes in the value of assets. Interest rate risk is one of the major parts of systematic risk and the institutions needs to measure the variation and the responsiveness of the rate sensitive assets towards the changes in interest rates. Commodity price risk and foreign exchange risk are other risks which come under systematic risks that many investors try to measure and try to minimize these. Credit risk. This is the risk which is related to the payment by the debtors. Credit risk is the risk which all the banks face and they need to manage this in order to be proactive against any future losses. Basically the bank is the lender and is the creditor for the borrower and the risk is that the borrower might go bankrupt and might not be able to pay the bank back. This seems as a pretty low type of risk if a sole individual is involved, however, credit risk also involves borrowings worth millions of dollars by huge businesses. Even if the business is popular and has a good credit history, it can go bankrupt which might result in a loss of millions of dollars to the bank. In other words, it means that the company or the individual defaults which is why this risk is also known as default risk. Counterparty risk. This arises from the

ADHD Impact on family Essay -- essays research papers fc

The Impact on the Family After reading the articles Driven to Distraction and Lost in Translation, both from Today’s Parent magazine, I have learned many new things. I learned that it is sometimes not very easy to pick out a child with ADHD, even if it is your own child. It could take years to discover that a child has ADHD. It can be easily detected once the child has entered elementary school. One of the signs of ADHD is falling behind in school, or acting up and not being able to pay attention for long periods of time. This causes frustration for the child, the parents, teachers and the other students in the classroom. It is difficult for parents because they do not want to believe that their child has a disability. It is even harder for the child because they are the ones that have to deal with the name calling, being held back a grade or two and just knowing that they are different. The issue of being different for a child living with ADHD is very stressful and could make the child not want to le arn new things or pay attention in school. They just give up on trying to learn. From these articles I have also learned that it is easier to pick out boys with ADHD than it is with girls. This is because the boys are generally more active, restless and known for impulsiveness. Girls with ADHD are normally up and down in regards to their grades. One day she will get zeros and the next will be perfects on the same assignments. The attention level that boys show tends to be the...

Corruption within Hamlet Essay

Everything is connected in Hamlet, including the welfare of the royal family and the health of the state as a whole. The play’s early scenes explore the sense of anxiety and dread that surrounds the transfer of power from one ruler to the next. Throughout the play, characters draw explicit connections between the moral legitimacy of a ruler and the health of the nation. Denmark is frequently described as a physical body made ill by the moral corruption of Claudius and Gertrude, and many observers interpret the presence of the ghost as a supernatural omen indicating that â€Å"something is rotten in the state of Denmark† .The dead King Hamlet is portrayed as a strong, forthright ruler under whose guard the state was in good health, while Claudius, a wicked politician, has corrupted and compromised Denmark to satisfy his own appetites. Hamlet feels Disillusionment. Depression. Despair through the course of the play as he attempts to come to terms with his father’s death and his mother’s incestuous marriage to his uncle. While he is attempting to pick up the pieces of his life he consciously embarks on the truth hidden in Ellsinore brought to light by his late father’s appearance at the gates. Deception versus truth; illusion versus reality. In the play, Prince Hamlet constantly has to differentiate amongst them. The exception to the rule in this case lies in Act 2, Scene 2, where an â€Å"honest† conversation takes place between Hamlet and Rosencrantz and Guildenstern. By the use of prose and figurative language, Shakespeare utilizes the passage to illustrate Hamlet’s view of the cosmos and mankind. Throughout the play, the themes of illusion and deceit have been carefully developed. The entire royal Danish court is ensnared in a web of espionage, betrayal, and lies. Not a single man speaks his mind, nor addresses his purpose clearly. Addressing Rosencrantz and Guildenstern, Hamlet pleads with them to deliver up honest speech about the intent of their arrival and being the bumbling fools they are, Rosencrantz and Guildenstern disclose their intentions and purposes to Hamlet, revealing the King and  Queen’s instructions. So for once, truth prevails in this passage. The recurring motif of corruption also appears in the passage. Due to the wicked  internal proceedings in the state of Denmark (e.g. murder, incest), Shakespeare implies that the whole state is â€Å"soiled†, which in turn has a direct negative consequence in the grand scheme of things. Imagery of rank plants is used to enforced and convey this view by using replacing the image of the traditional â€Å"aesthetically correct† beautiful flowers in a garden. â€Å"‘Tis an unweeded garden that grows to seed. Things rank and gross in nature possess it merely.† Those lines represent Hamlets views on the corruption that is taking place at Ellsinore on how the world to him has become empty and lifeless, dirty and diseased and his place in the world to be entrapped and isolated. He describes the land, in which he lives as, â€Å"A goodly one, in which there are many confines, wards, and dungeons, Denmark being one o’ th’ worst.† Hamlets search for truth and truth inside people is highly unsuccessful as only one truthful man exists apart from himself and that is Horatio. Claudius is lustful and deceitful, Polonius is a mindless fool and Rosencrantz and Guildenstern are mindless idiots. This loss of enthusiasm and faith in man also stems from the fact that he knows there is more wickedness brewing under  the superficial surface of calm that Claudius is trying to promote. As a culmination of all these factors, Hamlet loses all faith in man and using biblic ideas Hamlet redefines the position of man as simply â€Å"that which came from dust†. From this stance, it is inferred that solely God is Truth. Man, coming from the lowly earth, cannot be depended upon to deliver true thoughts, as his source of origin itself is impure. Through this, Hamlets concludes that Claudius’ actions and others actions can be accounted for but  not forgiven. Claudius is corruption personified within the play, Hamletà ¢â‚¬â„¢s major antagonist is a shrewd, lustful, conniving king who contrasts sharply with the other male characters in the play. Whereas most of the other important men in Hamlet are preoccupied with ideas of justice, revenge, and moral balance, Claudius is bent upon maintaining his own power. The old King Hamlet was apparently a stern warrior, but Claudius is a corrupt politician whose main weapon is his ability to manipulate others through his skillful use of language. Claudius’s speech is compared to poison being poured in the ear–the method he used to murder Hamlet’s father. Claudius’s love for Gertrude may be sincere, but it also seems likely that he married her as a strategic move, to help him win the throne away from Hamlet after the death of the king. As the play progresses, Claudius’s mounting fear of Hamlet’s insanity leads him to ever greater self-preoccupation; when Gertrude tells him that Hamlet has killed Polonius, Claudius does not remark that Gertrude might have been in danger, but only that he would have been in danger had he been in the room. He tells Laertes the same thing as he attempts to soothe the young man’s anger after his father’s death. Claudius is ultimately too crafty for his own good. Rather than allowing Laertes only two methods of killing Hamlet, the sharpened sword and the poison on the blade, Claudius insists on a third, the poisoned goblet. When Gertrude inadvertently drinks the poison and dies, Hamlet is at last able to bring himself to kill Claudius, and the king is felled by his own cowardliness and corruptive nature.

Media And The Reporting Of Hurricane Katrina - 1817 Words

Unit 4 DB 1 Media and the reporting of Hurricane Katrina For this discussion we were asked to answer a question in regards to Hurricane Katrina. The question that we were to answer was: After reading the article, what were our thoughts and opinions about the article? Thoughts and o opinions about the article The article is exactly what this learner expected, especially after living through Hurricane Andrew that hit Miami, Fla years ago. So, when this learner read the article it was exactly what she expected from the media after such a major disaster like a hurricane Katrina. When there is a disaster like this, the media expects a lot of looting, lack of response to the disaster, victims in need of rescue, and even death. But if the media†¦show more content†¦In what way was the disaster managed? This learner is sorry to say it, but you can prepare all you want for any type of disaster, but all you will be doing is the bare minimal, because if we could prepare for disasters, then we could prevent some of the damage. Since we are not GOD, the only thing you can do is hope you can protect what you have and hope that all the public safety, National Guards, FEMA, State and Federal etc. are equip to handle the after math, and respond as quickly and effectively. All these organizations can do is the best they can to deal with the disaster, but they can never be prepared for this or any other disaster no matter how much training they have. Immediately after Hurricane Katrina hit land, the â€Å"U.S. populace, and Washington officialdom all tried to comprehend what went wrong with their intergovernmental response to Hurricane Katrina† (Tierney, Bevc, Kuligowski (2006, p. 69). As far as the media was concern, the disaster was handled very badly by the then director Michael Brown and what the media called his lack of qualifications and his basic consciousness during Hurricane Katrina disaster. No one was safe from the Medias criticisms, not even the broader management system whose failures made them subject to a congressional investigation. What this learner can never understand is that in the midst of a disaster management, they found the time to restructure theirShow MoreRelatedMedia And The Reporting Of Hurricane Katrina1763 Words   |  8 PagesMedia and the reporting of Hurricane Katrina For this discussion we were asked to answer a question in regards to Hurricane Katrina. The question that we were to answer was: After reading the article, what were our thoughts and opinions about the article? 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For the short time it existed as an untampered image on Elysian Fields Avenue, it managedRead MoreThe Goals of Community Organizing Essay1402 Words   |  6 Pagesforming groups; bringing about social justice obtaining, maintaining or restructuring power; developing alternative institutions; and maintaining or revitalizing neighborhoods (Kuyek, 2011). In the wake of the devastating ï ¬â€šooding that followed Hurricane Katrina in New Orleans, community organization prospers. Some of this organizing involves addressing and transform ing racial and class inequities. As mentioned before local groups and non-governmental organizations (NGOs) undertook these social developmentRead MoreNews Stories That Changed the World2522 Words   |  11 Pagesstories of the past 12 years; but rather to demonstrate the power the media holds. It’s no secret that journalism is under attack in a myriad of ways; particularly the notion that it deserves to exist as a governmental watchdog. 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Once the levees failed, it took days before residents of New Orleans to get the help that they needed and many people lost their lives waitingRead MoreCrisis Management Essay1103 Words   |  5 PagesFatality Analysis Reporting System Encyclopedia (2008) in the year 2007, there were 2,022 children ages 0-15 and 5,338 teens ages 16-20 who died in fatal car accident. Other crises include disasters. Since 2003 there have been 4 hurricanes (hurricanes Isabel, Ivan, Katrina, and Ophelia) in the United States. Hurricane Katrina displaced over 372,000 school-aged children (Dickenson, 2008). In the September 11 attack, there were 3,051 childr en who lost a parent (New York Media, 2008). EarthquakesRead MoreSocial Construction Emergency Response579 Words   |  2 Pagesregard to Hurricane Katrina illustrates the difficulty of proving swift, comprehensive responses. 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