Sunday, January 12, 2020
1 In the beginning God created the heavens and the earth. 2 Now the earth was formless and empty, darkness was over the surface of the deep, and the Spirit of God was hovering over the waters. -Day 1 Ã¢â¬â God created light and separated the light from the darkness, calling light Ã¢â¬Å"dayÃ¢â¬ and darkness Ã¢â¬Å"night. Ã¢â¬ 3 And God said, Ã¢â¬Å"Let there be light,Ã¢â¬ and there was light. 4 God saw that the light was good, and he separated the light from the darkness. 5 God called the light Ã¢â¬Å"day,Ã¢â¬ and the darkness he called Ã¢â¬Å"night. Ã¢â¬ And there was evening, and there was morningÃ¢â¬âthe first day. And God said, Ã¢â¬Å"Let there be a vault between the waters to separate water from water. Ã¢â¬ 7 So God made the vault and separated the water under the vault from the water above it. And it was so. 8 God called the vault Ã¢â¬Å"sky. Ã¢â¬ And there was evening, and there was morningÃ¢â¬âthe second day. -Day 2 Ã¢â¬â God created an expanse to separate the waters and called it Ã¢â¬Å"sky. Ã¢â¬ 9 And God said, Ã¢â¬Å"Let the water under the sky be gathered to one place, and let dry ground appear. Ã¢â¬ And it was so. 10 God called the dry ground Ã¢â¬Å"land,Ã¢â¬ and the gathered waters he called Ã¢â¬Å"seas. Ã¢â¬ And God saw that it was good. 1 Then God said, Ã¢â¬Å"Let the land produce vegetation: seed-bearing plants and trees on the land that bear fruit with seed in it, according to their various kinds. Ã¢â¬ And it was so. 12 The land produced vegetation: plants bearing seed according to their kinds and trees bearing fruit with seed in it according to their kinds. And God saw that it was good. 13 And there was evening, and there was morningÃ¢â¬âthe third day. -Day 3 Ã¢â¬â God created the dry ground and gathered the waters, calling the dry ground Ã¢â¬Å"land,Ã¢â¬ and the gathered waters Ã¢â¬Å"seas. Ã¢â¬ On day three, God also created vegetation (plants and trees). 4 And God said, Ã¢â¬Å"Let there be lights in the vault of the sky to separate the day from the night, and let them serve as signs to mark sacred times, and days and years, 15 and let them be lights in the vault of the sky to give light on the earth. Ã¢â¬ And it was so. 16 God made two great lightsÃ¢â¬âthe greater light to govern the day and the lesser light to govern the night. He also made the stars. 17 God set them in the vault of the sky to give light on the earth, 18 to govern the day and the night, and to separate light from darkness. And God saw that it was good. 9 And there was evening, and there was morningÃ¢â¬âthe fourth day. -Day 4 Ã¢â¬â God created the sun, moon, and the stars to give light to the earth and to govern and separate the day and the night. These would also serve as signs to mark seasons, days, and years. 20 And God said, Ã¢â¬Å"Let the water teem with living creatures, and let birds fly above the earth across the vault of the sky. Ã¢â¬ 21 So God created the great creatures of the sea and every living thing with which the water teems and that moves about in it, according to their kinds, and every winged bird according to its kind. And God saw that it was good. 22 God blessed them and said, Ã¢â¬Å"Be fruitful and increase in number and fill the water in the seas, and let the birds increase on the earth. Ã¢â¬ 23 And there was evening, and there was morningÃ¢â¬âthe fifth day. -Day 5 Ã¢â¬â God created every living creature of the seas and every winged bird, blessing them to multiply and fill the waters and the sky with life. 24 And God said, Ã¢â¬Å"Let the land produce living creatures according to their kinds: the livestock, the creatures that move along the ground, and the wild animals, each according to its kind. And it was so. 25 God made the wild animals according to their kinds, the livestock according to their kinds, and all the creatures that move along the ground according to their kinds. And God saw that it was good. 26 Then God said, Ã¢â¬Å"Let us make mankind in our image, in our likeness, so that they may rule over the fish in the sea and the birds in the sky, over the livestock and all the wild animals,[a] and over all the creatures that move along the ground. Ã¢â¬ 27 So God created mankind in his own image, in the image of God he created them; male and female he created them. 8 God blessed them and said to them, Ã¢â¬Å"Be fruitful and increase in number; fill the earth and subdue it. Rule over the fish in the sea and the birds in the sky and over every living creature that moves on the ground. Ã¢â¬ 29 Then God said, Ã¢â¬Å"I give you every seed-bearing plant on the face of the whole earth and every tree that has fruit with seed in it. They will be yours for food. 30 And to all the beasts of the earth and all the birds in the sky and all the creatures that move along the groundÃ¢â¬âeverything that has the breath of life in itÃ¢â¬âI give every green plant for food. And it was so. 31 God saw all that he had made, and it was very good. And there was evening, and there was morningÃ¢â¬âthe sixth day. -Day 6 Ã¢â¬â God created the animals to fill the earth. On day six, God also created man and woman (Adam and Eve) in his own image to commune with him. He blessed them and gave them every creature and the whole earth to rule over, care for, and cultivate. -Day 7 Ã¢â¬â God had finished his work of creation and so he rested on the seventh day, blessing it and making it holy.
Saturday, January 4, 2020
The Balfour Declaration was a November 2, 1917 letter from British Foreign Secretary Arthur James Balfour to Lord Rothschild that made public the British support of a Jewish homeland in Palestine. The Balfour Declaration led the League of Nations to entrust the United Kingdom with the Palestine Mandate in 1922. Background The Balfour Declaration was a product of years of careful negotiation. After centuries of living in a diaspora, the 1894 Dreyfus Affair in France shocked Jews into realizing they would not be safe from arbitrary antisemitism unless they had their own country. In response, Jews created the new concept of political Zionism in which it was believed that through active political maneuvering, a Jewish homeland could be created. Zionism was becoming a popular concept by the time World War I began. World War I and Chaim Weizmann During World War I, Great Britain needed help. Since Germany (Britains enemy during WWI) had cornered the production of acetoneÃ¢â¬âan important ingredient for arms productionÃ¢â¬âGreat Britain may have lost the war if Chaim Weizmann had not invented a fermentation process that allowed the British to manufacture their own liquid acetone. It was this fermentation process that brought Weizmann to the attention of David Lloyd George (Minister of Ammunitions) and Arthur James Balfour (previously the Prime Minister but at this time the First Lord of the Admiralty). Chaim Weizmann was not just a scientist; he was also the leader of the Zionist Movement. Diplomacy Weizmanns contact with Lloyd George and Balfour continued, even after Lloyd George became prime minister and Balfour was transferred to the Foreign Office in 1916. Additional Zionist leaders such as Nahum Sokolow also pressured Great Britain to support a Jewish homeland in Palestine. Although Balfour, himself, was in favor of a Jewish state, Great Britain particularly favored the declaration as an act of policy. Britain wanted the United States to join World War I and the British hoped that by supporting a Jewish homeland in Palestine, the world Jewish community would be able to sway the U.S. to join the war. Announcing the Balfour Declaration Though the Balfour Declaration went through several drafts, the final version was issued on November 2, 1917, in a letter from Balfour to Lord Rothschild, president of the British Zionist Federation. The main body of the letter quoted the decision of the October 31, 1917, British Cabinet meeting. This declaration was accepted by the League of Nations on July 24, 1922, and embodied in the mandate that gave Great Britain temporary administrative control of Palestine. The White Paper In 1939, Great Britain reneged on the Balfour Declaration by issuing the White Paper, which stated that creating a Jewish state was no longer a British policy. It was also Great Britains change in policy toward Palestine, especially the White Paper, that prevented millions of European Jews to escape from Nazi-occupied Europe to Palestine before and during the Holocaust. The Balfour Declaration Foreign OfficeNovember 2nd, 1917Dear Lord Rothschild,I have much pleasure in conveying to you, on behalf of His Majestys Government, the following declaration of sympathy with Jewish Zionist aspirations which has been submitted to, and approved by, the Cabinet.His Majestys Government view with favour the establishment in Palestine of a national home for the Jewish people, and will use their best endeavours to facilitate the achievement of this object, it being clearly understood that nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine, or the rights and political status enjoyed by Jews in any other country.I should be grateful if you would bring this declaration to the knowledge of the Zionist Federation.Yours sincerely,Arthur James Balfour
Friday, December 27, 2019
The study was undertaken among internet business subscribers in Bahrain, a small country in the Persian Gulf. The objective of the exercise was to bring to light the major issues that existed among the internet users majority of whom the majority were first time users. It was surprising to see that the shortage of Arabic sites. Similar observations made on the Asian Indians too revealed that the immigrants who are more active in the interpersonal communication are able to adjust both physically and psychologically to new systems of communication or information exchange. Thus the cultural adaption of an individual is said to be strongly influenced by their interpersonal communication skill (Kim, 1978). Earlier research was undertaken by Won (1977) to examine the association between the extent of mass media interaction and their cultural aspects. the researcher established that the choice of the media by the immigrants could lead to the state of acculturation. Thus in the case of inte rnet use, when any section of the population relies extensively on this medium of communication or for information interchange their ability to culturally adapt to the demands of the internet would make them more closely to the pattern of this system. We will write a custom essay sample on Cultural Factors of Internet or any topic specifically for you Only $17.96 $11.86/pageorder now The people with weak adaptive skills would tend to find this medium not very attractive to meet their intended purpose and hence might not be very convincing on the flexibilities offered by the internet. The impact of a cultural factor on the use of digital technologies like the internet, web and also information and communication technologies have been extensively investigated in diverse ways. The claims in this aspect are made available from the evidence obtained from large scale contemporary and historical research examples in relation to the societal structure at different instances of time. The social structure primarily deals with the culture in a particular region.
Thursday, December 19, 2019
Adolescent Girls at Risk What risks are really in existence for adolescent girls growing up on the Arizona-Mexico border? Well, more then anyone in their right mind might be able to imagine. Adolescent girls growing up on the border or in a multicultural area are generally from lower income homes, which in itself introduces an entire set of risk factors. The main focus, but certainly not the only ones at risk, being that of minority groups, such as Hispanic and American Indian girls. In general, they are at a risk for teen pregnancy, drug and alcohol abuse, gang affiliation, and academic and social challenges at school. Now this might not seem entirely foreign or surprising to some people. In fact, almost all high schoolÃ¢â¬ ¦show more contentÃ¢â¬ ¦All of which will be discussed in further detail. First, the family environment, as would be expected, is a very influential factor as to how much an adolescent girl is actually at risk. The sad part is, many adolescents do not have a strong support system at home, and this is a base cause for many of their problems. In multicultural areas, it can be expected that people of different ethnic backgrounds and cultures will intermarry. As this happens, the Ã¢â¬Å"complexities surrounding communication and expectations are at risk of increasingÃ¢â¬ (Finkelstien, 3). With any culture, the ethnic heritage determines how children are valued and raised, and how they are prepared for the future (Finkelstien, 25). With many marriages consisting of two different ethnic backgrounds, conflicts will arise in the area of how the child should be raised, further confusing an adolescent girl as to what her own personal identity is. One of the most common parent-adolescent conflicts with adolescent girls is that the girls Ã¢â¬Å"Ã¢â¬ ¦want to be able to be themselves. They feel threatened and sometimes even overwhelmed, by the influence and forcefulness of their parents, and they are clearly anxious that they will not be allowed to be the person they want to beÃ¢â¬ (Social Work, 29). Many adolescent girls will then turn to their peer groups for a sense of identity and acceptance. This suggests, with supportingShow MoreRelatedThe Prevalence And Risk Factors Associated With Adolescent Depression872 Words Ã |Ã 4 Pagesreviewed had a similar consensus that the prevalence and risk factors associated with adolescent depression are a common problem worldwide. In a longitudinal study in Sweden, Wirback, Moller, Larsson, Galanti, and Engstrom (2014) examined whether multiple measures of low social status of the family are longitudinally associated with depressive symptoms in adolescence and whether or not there is a difference among genders. 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Wednesday, December 11, 2019
Question: Discuss the evaluation of steps, Pros and cons of the Model and Critical evaluation of authors advice? Answer: Introduction To survive in a comparative market every company tries to innovate. Some of them do it in a reliable traditional long-term way for effectiveness. Increase in revenue can be achieved greatly by innovation process. Most commonly giant companies like Apple, Procter and Gamble use to appoint a big resource and project team for such innovation process. Small to medium size company does not have such resource to do innovation (Schiederig, Tietze and Herstatt, 2012). Minimum viable system allows overcoming that situation. A 90 days work also can innovate through Minimum viable Information System (MVIS). MVIS gives the opportunity to come up with new strategically focused and reliable innovation task. MVIS gives the opportunity to identify, review, develop and encourage working on the focused topic achieve the end point with a restricted investment and resource. That mean without any extra hiring. Evaluation of steps: Part 1; Day 1-30: Large innovation begins with developing particular insights that will open up the way for one to have a distinctive vantage point to build and resource work streams ahead of another competitor in the similar industry (Davenport, 2013). Higher insights and competencies can help to win the battle in business competition, only strength and will is not enough to win the competition. Various terms of innovation terms are there, but at the days end it only fits into two areas. Sustaining innovation, disruptive innovations, incremental innovation, breakthrough innovations, continual improvement programs, new growth initiatives, organic growth initiatives, white-space and blue ocean strategies are the most common terms of innovation (Oerlemans, Knoben and Pretorius, 2013). But in original practice business can be increased by two ways, one is an enhancement of existing offerings or by the improvement of operations done internally. Another way of innovation is that which cre ate new growth by attaining new markets or customer segments, often through fresh business policy. MVIS cover these two types of innovations, but the critical thing is the understanding between the involved members on these two types. Rough but honest number of profit and revenue can be calculated in two weeks by the size of the gap that is worked up as a serviceable estimate. When growth gap is much large, the creation of division between the gaps should be done and taking care of them as a single part and directing those into a different way for further growth. The larger the organizations growth gap, the additional from the managements core those innovation hard works will possibly need to be, and the extra amount time it will consume to understand substantial profits from them. To reach the long-term financial target, it is necessary to go for new growth innovation that will support the operations taken previously (Lundvall et al.2013). Part 2; day 20 50: Description of the concept is done here with three dimensions analytically, visually and by narration. This part is to come up with an elaborate process of the program from the small draft. Best practice in this part is to continuously summarize the key concepts of part one and external understanding and testing to be done by the concept and ideas of an allowance of process tool application. Unlike the elaborate process of innovation to achieve goals on short term and long term measurement, MVIS gives a simple way. Comprehensive research can take up to a year, but here only a maximum of three weeks research will give a fruitful solution towards the innovation effort by the executives. At least twelve customer meet can be done for unmet needs that can give the opportunity for new growth innovation and also do the investigation over the similar industry for new developments (Drucker, 2011). Taking a closer look at the organization for the growth efforts trending in will make the job done. After that a session with the leadership team for the purpose of findings about the market and keeping them engaged with the finding process till the identification of three opportunities like; no one is stating in good manner about the job that number of probable consumers need to do, opportunity by seizing the special capabilities of the organization that is not so much easily copied by other competitive organizations. Need for the job which can greatly intensify either by a change in the social landscape, economy or regulatory function or by a help of technology that will give the way to the customers to do the job in a comfortable manner. Innovation traps can be overcome through the combination of these three criteria. Part 3; Day 20 - 70: Short listing to be done to decide the intended innovation to the gate. Set up of a team not an army to go after a long hard work for the innovation and to identify the market as per the ideas, opportunities size as per the estimation, currently devoted resources and inventory (Johnston and Marshall, 2013). One who can assign people to go with the thought and develop a process as premeditated on step one and two. Zombie projects are known as those slowly shuffling but did not find any end point. Zombie projects divide the strategic focus as well as resources that can be utilized other ways. Selecting the appropriate innovation leader gives the push to innovation project while the capability and orientation towards the development team are connected with the development teams success. The situation will stay stable if the process is according to the forecasted manner. Possibly two ways are there by which an organization can go wrong. Firstly an organization can al low only a single innovation program that proposes low risk and secondly an organization goes for an allowance of too many programs with high risk. Innovation programs are made according to the resource availability of an organization. Otherwise an execution can move slowly if placement gets into a pipeline in a high number. The collection has been made to quantify a quality team to focus solely on the innovation excluding other no compatible elements (Zhu, Sarkis and Lai, 2012). Process checklist updated as per the available resources, market identification. Part 4; days: once the dedication is made to measure the innovation, every scenario gets changed. The best exercise in this part is to transfer the innovator to consultant and introduce a process leader that has conducted this gantlet before. The whole process will be supervised by the senior leader. As per the business forecast, oversight rules are developed to see and advise the process. Starting with a group formation of the senior leaders and giving the authority to start, stop or redirect projects with new growth innovation (Schiele, 2012). This group maintains some standard venture capital (VC) working procedure, like; VC partners sometimes oppose about investment chances. While an MVIS approach looks over the tough job of rewiring an organizations systems for performance. All innovation has to review to get the actual status of the project. First review of first innovation project has to be done, and the advancement of the innovation according to the required direction needs t o be evaluated. Total project development should maintain the previously forecasted goal, where frequent look after need to be done by the trained senior leader, who are appointed to oversee the whole process as per previously set up checklist for the development of the innovation process. Pros and cons of the Model: Advantages- MVIS actually focuses more on the innovative plans that decides to improve in offerings in the product. One of the advantages of this model is that it helps in improving in the overall internal operations that are related to customer segments. Further, the company is focusing on creation of new growth strategies that will aim at getting new product for the customers who are brand loyal towards the business enterprise. Another way that made this organization globally viable is the leadership team who aim at moving in broad perspective in geographic markets as well as maintaining a strict core values (Chen et al.2014). Leadership is all about leading the team in order to provide with resources as well as time. All leaders can manage the team in an effective manner but the managers, on the other hand, cannot manage the team to co ordinate in attainment of the organizational goals as well as objectives. Ablaza was advantageous as compared to others because they thought of taking one more challenge in presenting in Manilla water that can help in overcoming the difficulty part. From day 20 to 50, it was all about to discuss on the various strategic opportunity areas keeping in mind the innovation pattern of big shot companies like, PG, Apple etc (Hardash et al. 2014). This actually helps in looking forward with the long term as well as short term objectives of the particular business enterprise. This company particularly believes in a comprehensive research work done with the help of top Professional Executives because they are experienced in this specialized area. Specialist has the expertise to take strategic decisions keeping in mind about all the other employees present in an organization. Their decisions will be out of bias, as they are external employee to the organization so they will not know the employees personally. They can easily guide the employees about the pros or cons of any change that is applicable in an organization (Weng, 2014). Not every change is advantageous as well as time consuming and if proper co ordination is built among employees, then it is easy to achieve the individual as well as organizational goals. The various organizational energy was taken consideration to view at the competitive forces. Group discussion should be encouraged between the managers in order to discuss the key factors and findings so that there is no issue regarding the opportunity in the strategic areas (Ndubisi, Capel and Ndubisi, 2015). The main criteria are to come up with innovative ideas that will be helpful for the entire organization. The employees should think of future so that they come up with ideas to form a small and dedicated team whose focus will be on the creation of innovative practices. Every innovation system requires a specific person who is experienced in the fields in order to take strategic decisions. The team should be effective to that extent that each should be given equal amount of opportunity to come up with their own thought process (Intarakumnerd and Gerdsri, 2014). As soon as any project is established, all the employees should participate as far as possible for them. In other words , employees should not be of feeling that their ideas are too small that will not bring any difference in the organization. Rather, individuals should think any changes is good or bad for the organization, so it is wise to give a chance to everything possible to get an edge in the competition (Narula, 2014). A healthy environment are needed that will make the employees feel free to come up with new ideas and opinions that can help in bringing a change in the overall organizational pattern. Disadvantages: The disadvantages caused are the budgeting systems that do not encourage the innovative practices that prove to be a reason for negative impact on the entire organization. Borrowing is done based on venture capital because entrepreneur put emphasis on the growth strategy but still it is on the processing stage. Any innovation practices are time consuming but in order to compete with the market, the time is not provided to the maximum that leads to creation problems. The main emphasis should be done in order to understand the needs and requirements of the customers, but often there is biasness as well as the data is not accurate. This actually keeps the company unaware about the data of the business enterprise (Chen, 2014). In other words, if every employee are given chance to communicate in the decision making process, then there will be a sense of jealousy if their verdict is not taken. Not all the employees can be a good decision maker because they lack experience but as they work in the practical world, it may happen that some have the expertise in providing trustworthy information. Employee centered organization often lacks equality because all the feedbacks or opinions are not looked into from same point of view. There will be always a gap in the status as well as future organizational goals (Chesbrough and Brunswicker, 2014). Financial targets need to be achieved and that is not possible within a short span of period. Therefore, the disadvantage is that there is often a gap in the innovation for the purpose of new growth. It is difficult to manage with the time, resource as well as efforts that are required for the five-year goal plan. Managers in an organization fail to understand the requirements of the employees and to give them with the available resources so that they can perform well. In other words, special emphasis is given on the employees who are target achiever and rest is kept aside that brings down the morale of other employees at the same time (Chesbrough and Bogers, 2014). Proper training sessions are not provided to the employees and that is the reason why the employees are not aware of the rules and regulations of the desired organization. Innovation is a process that is not acceptable by everyone and sense of differentiation starts here resulting in high demand for change in culture (West and Bogers, 2014). Difficulty was found to critically investigate on the strategic opportunity issues that pose a threat to the company. Critical evaluation of authors advice: First Advice: According to the author, hardware, which is working in good condition in a very much formal system of innovation, must be considered first in the innovation process. Mainly the hardware is the resource, which is mainly required in the innovation process. There is a development team assigned to the innovation process and some trained individuals to oversee the project or the innovations way of development (Damanpour, 2014). The adherence of the innovation process is according to the process checklist. Before going to the last stage of the innovation model a compactness required in the resources to generate an outcome as per innovation forecast. Minimum viability is done by using the least resources in the innovation process, monitoring the main resources are the most important part. The words from the author are there that at least a single project person should go to bed with the thought of the innovation and wake up with some possible thinking to that innovation. Basic tools of the innovation process stay still, which are already done for another type of formal models (Hemlin et al. 2014). Source, destination, lock up time in case of innovation continuously monitored with the trained personnel and the already available gap filling measurements need to lines from the basics. Big companies can win the competition battle with the innovation but on a large scale of the option as the resources they have to go for the innovation in their organization. They could find the problem solving option during an innovation process easily as there is the huge scope. But in small or medium size company, the resource is limited, and the option for such business forecast is small. The common way of innovation could not be done, and the MVIS technique has to be implemented (Adner and Kapoor, 2015). So, in this case, to achieve the goal with the minimum resources they have to take the most common factors in concern. Second advice: It is better for a small or medium size organization to break up the tasks among small groups or individuals those having a limited resource or workforce (Slater, Mohr and Sengupta, 2014). Specialized personnel should get assigned to a particular process instead of the large group. Big companies usually go for a group of individuals for a bunch of tasks where from the authors advice it looks better to assign a single person to a small defined task to complete. The main architecture of the innovation process still stays for the overseeing of the whole project and an individuals personal performance (Kanter, 2015). It seems in actual practice also where a big company goes for a business development team; in MVIS a scout may be good to see the changes inside the focused market. In an MVIS system one cannot be hired or included in a team for the innovation process and the already available resources can be used, so took up a process in parts are easy to handle instead of t ook up the process in a bunch. Third advice: MVIS gives the prominent indication to the barriers to a greater extent as the tasks are divided into multiple parts instead of a bundle work and particular individuals get appointed for particular tasks in the project. Monitoring and evolution of responsibility can point out a particular obstruction towards the innovation process (Liu, Hodgkinson and Chuang, 2014). Budgeting, strategic planning, incentives are some of the areas where obstruction are mainly seen. Conclusion Minimum viable innovation system gives the opportunity for innovation mostly parallel with the traditional, simple innovation process of the giant companies. Giant companies have huge resources to carry out an innovation process and solve a problem faced during the innovation through introduction of extra resource in the process but small and medium size companies does not have the opportunity every time. MVIS gives the opportunity to conduct the innovation process with the help of small resource available to a company with a small timeline to get an absolute output. The four steps of MVIS elaborate the choice of assigning of individual to work and supervising process to get the right way for the innovation. MVIS also shows the difficulty of an innovation process and possible affecting areas. Reference List Adner, R., and Kapoor, R. (2015). Innovation ecosystems and the pace of substitution: ReÃ ¢Ã¢â ¬Ã examining technology SÃ ¢Ã¢â ¬Ã curves.Strategic Management Journal. Chen, P. (2014, July). Enterprise Technology Innovation Capability Evaluation Based on Knowledge Management. InComputational Sciences and Optimization (CSO), 2014 Seventh International Joint Conference on(pp. 280-283). IEEE. Chen, Y., Tang, G., Jin, J., Xie, Q., and Li, J. (2014). CEOs Transformational Leadership and Product Innovation Performance: The Roles of Corporate Entrepreneurship and Technology Orientation.Journal of Product Innovation Management,31(S1), 2-17. Chesbrough, H., and Bogers, M. (2014). Explicating open innovation: clarifying an emerging paradigm for understanding innovation.New Frontiers in Open Innovation. Oxford: Oxford University Press, Forthcoming, 3-28. Chesbrough, H., and Brunswicker, S. (2014). A fad or a phenomenon?: The adoption of open innovation practices in large firms.Research-Technology Management,57(2), 16-25. Damanpour, F. (2014). Footnotes to research on management innovation.Organization Studies,35(9), 1265-1285. Davenport, T. H. (2013).Process innovation: reengineering work through information technology. Harvard Business Press. Drucker, P. F. (2011).Technology, management, and society. Harvard Business Press. Hardash, J., Decker, B., Graham, C., and Thompson, V. (2014, March). NASA Innovation Ecosystem: Host to a Government technology innovation network. InAerospace Conference, 2014 IEEE(pp. 1-10). IEEE. Hemlin, S., Allwood, C. M., Martin, B., and Mumford, M. D. (2014).Creativity and Leadership in Science, Technology, and Innovation. Routledge. Intarakumnerd, P., and Gerdsri, N. (2014). Implications of technology management and policy on the development of a sectoral innovation system: Lessons learned through the evolution of thai automotive sector.International Journal of Innovation and Technology Management,11(03), 1440009. Johnston, M. W., and Marshall, G. W. (2013).Sales Force Management: Leadership, Innovation, Technology. Routledge. Kanter, R. M. (2015). From spare change to real change: The social sector as beta site for business innovation.Havard Business Review. Liu, X., Hodgkinson, I. R., and Chuang, F. M. (2014). Foreign competition, domestic knowledge base and innovation activities: Evidence from Chinese high-tech industries.Research Policy,43(2), 414-422. Lundvall, B. _., Joseph, K. J., Chaminade, C., andVang, J. (Eds.). (2011).Handbook of innovation systems and developing countries: building domestic capabilities in a global setting. Edward Elgar Publishing. Narula, R. (2014).Globalization and technology: Interdependence, innovation systems and industrial policy. John Wiley Sons. Ndubisi, N. O., Capel, C. M., and Ndubisi, G. C. (2015). Innovation strategy and performance of international technology services ventures: the moderating effect of structural autonomy.Journal of Service Management,26(4). Oerlemans, L. A., Knoben, J., and Pretorius, M. W. (2013). Alliance portfolio diversity, radical and incremental innovation: The moderating role of technology management.Technovation,33(6), 234-246. Schiederig, T., Tietze, F., and Herstatt, C. (2012). Green innovation in technology and innovation managementan exploratory literature review.RD Management,42(2), 180-192. Schiele, H. (2012). Accessing supplier innovation by being their preferred customer.Research-Technology Management,55(1), 44-50. Slater, S. F., Mohr, J. J., and Sengupta, S. (2014). Radical product innovation capability: Literature review, synthesis, and illustrative research propositions.Journal of Product Innovation Management,31(3), 552-566. Weng, C. S. (2014). Technology Management: The Perspective of Social Network.International Journal of Innovation and Technology Management,11(03), 1440011. West, J., and Bogers, M. (2014). Leveraging external sources of innovation: a review of research on open innovation.Journal of Product Innovation Management,31(4), 814-831. Zhu, Q., Sarkis, J., and Lai, K. H. (2012). Green supply chain management innovation diffusion and its relationship to organizational improvement: An ecological modernization perspective.Journal of Engineering and Technology Management,29(1), 168-185.
Tuesday, December 3, 2019
Breathe in. Breathe out. Look up. Toss arm. SMACK! The ball sails across the net and lands neatly in the service box. As I jump into the box and pull my body into the ready position, my opponent moves toward the ball. The world slows, and the girl on the other side of the net swings her racquet wildly at the ball. She misses, and the ball continues to bounce. My first ace. I pounce on the loophole. He probably didnÃ¢â¬â¢t even see this angle. But itÃ¢â¬â¢s a gaping hole, and detrimental to his case. WeÃ¢â¬â¢re supposed to be in a seminar, but I am so enraged by his statement I can hardly see straight. I smile triumphantly as Michael flounders. He glances at me, and laughs. We are both so passionate in class, so at odds in our beliefs it is comical. It is a battle of wits, based on passion, not facts, and the most fun IÃ¢â¬â¢ve had in days. We will write a custom essay sample on Moments of the Puzzle or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The girl next to me has her eyes closed and is quite literally rolling on the floor. Our laughter bounces off the high ceiling, which only amplifies it. I havenÃ¢â¬â¢t seen Julie in months, and the laughter was a pleasant reminder of what IÃ¢â¬â¢ve missed. We donÃ¢â¬â¢t even need to catch up, the jokes pass at lightning speed. I laugh until my abs ache. The wind whips my hair into what probably resembles a birdsÃ¢â¬â¢ nest. The town below, with its buildings that had towered above me just moments ago, is smaller than my fingernail. Cows moo nearby and horses clamber among the rocks. IÃ¢â¬â¢ve never been to the Pyrenees before, but IÃ¢â¬â¢m comfortable. The vivid blue of the sky and the snowcapped top of the mountains is so different from the mossy green grass. I donÃ¢â¬â¢t think IÃ¢â¬â¢ve ever seen such vibrant colors. IÃ¢â¬â¢m being called back to the car to begin the descent, but my feet are planted. IÃ¢â¬â¢m on top of the world, and I never want to come down. My mom is talking, but I can hardly hear her voice over the din of the restaurant. SheÃ¢â¬â¢s wishing me happy seventeenth birthday, and is telling me sheÃ¢â¬â¢s glad she had me. She thinks sheÃ¢â¬â¢s such a comedian. Miguel beams at me, and clinks my glass. My dad hands me another cracker. IÃ¢â¬â¢m a year older, but IÃ¢â¬â¢m glad nothing has changed. Life is made up of moments. My favorites are the ones that you can feel in the pit of your stomachÃ¢â¬âwhen youÃ¢â¬â¢re so satisfied, the world seems to shine. These moments determine who you are, and who you want to be.
Wednesday, November 27, 2019
Using the example (simplified) bank balance sheet below show and explain why the Leverage And Capital Ratios are changed as a result of a 6m write-down in mortgages Essay Example
Using the example (simplified) bank balance sheet below show and explain why the Leverage And Capital Ratios are changed as a result of a 6m write-down in mortgages Essay The initial balance sheet shows that the total equity is Ã £16m and the total asset is Ã £305m. After the written-down of Ã £6m on mortgages, the mortgages have converted Ã £120m into Ã £114m so that the new total assets change to Ã £299m. In addition, due to the decrease of total assets, the total equity also turned into Ã £10m In order to make the total equity equal to total assets. As we know, the formula of leverage ratio and capital ratio is: Leverage ratio= Total Equity/Total Assets *100% We will write a custom essay sample on Using the example (simplified) bank balance sheet below show and explain why the Leverage And Capital Ratios are changed as a result of a 6m write-down in mortgages specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Using the example (simplified) bank balance sheet below show and explain why the Leverage And Capital Ratios are changed as a result of a 6m write-down in mortgages specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Using the example (simplified) bank balance sheet below show and explain why the Leverage And Capital Ratios are changed as a result of a 6m write-down in mortgages specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Capital ratio= Total Equity/Risk-adjusted assets *100% So, as the changing of total equity and total assets, the leverage ratio also change at the same time. Due to the changing of mortgages, the risk-adjusted assets of mortgages also change so that the total risk-adjusted assets turned into Ã £191m compared with previously figure Ã £194m. Therefore, capital ratio has changed attributable to changing of total risk-adjusted assets. In a word, the leverage ratio and capital ratio are changed as a result of a Ã £6m write-down in mortgages. Part B: In the event that this write-down in mortgage assets was widespread; explain what measures all banks would have to take in order to rebuild their capital ratios back to the required minimum of 8%. Answer: 1. The first method is by increasing total equity (with no change in risk-adjusted assets) 1. As we know, the capital ratio = total equity/ risk-adjusted assets *100% From the table, we can see the current capital ratio=5.24%.the target capital ratio =8%.given the risk-adjusted assets Ã £191, we suppose to find how much total equity is need to achieve capital ratio of 8%? Assume X=total equity. 8%=X/Ã £191m*100% X=Ã £15.28m. In conclusion, total equity most increase to Ã £15.28m to achieve the capital ratio of 8% with no change in risk-adjusted assets. 1. From the table we can see, given the bank hasÃ £10 in total equity. From 1 X is given Ã £15.28m. X-Ã £10m=Ã £15.28m-Ã £10m=Ã £5.28m. In conclusion, bank needed additional equity Ã £5.28m from the existing equity of Ã £10m to achieve the total equity of Ã £15.28m so that the capital ratio of 8% can be achieved. 1. The second method is by decreasing risk-adjusted assets (with no change in equity) 1. With no change in equity, we calculate the total risk-adjusted assets. Using Ã £10m in equity The total risk-adjusted assets=Ã £10m/8% *100%=Ã £125m. In conclusion, assume total equity is fixed; the total risk-adjusted assets have to decrease to Ã £125m in order to achieve the capital ratio of 8% 1. Form the table, we can see, current risk-adjusted asset =Ã £191m and the target risk-adjusted asset =Ã £125m. The change of risk-adjusted asset =new risk-adjusted assets-old risk-adjusted assets=Ã £125m- Ã £191m=-Ã £66m. In conclusion: the total risk-adjusted assets must reduce by Ã £66m in order to get Ã £125m so that the capital ratio of 8% can be achieved. 2. We now have to change the composition of Assets to make risk-adjusted assets=Ã £125m Because the risk weight of loans and advances is 100%. We need to make it smaller, old loans and advances=Ã £125m, new loans and advances=old loans and advances +changes in composition of assets=Ã £125m+ (-Ã £66m) =Ã £59m. In conclusion, to achieve the value of risk-adjusted asset=Ã £125m, we need to reduce the loans and advances byÃ £66m in order to get the new loans and advances =Ã £59m 1. In order to achieve liabilities=assets, we also need to change the value of cash in tills. New cash in tills balance= current cash in tills + change in composition of assets=Ã £5m+Ã £66m=Ã £71m. In conclusion, to achieve the value of risk-adjusted asset=Ã £125m, we not only need to reduce the loans and advances, but also need to increase the cash in tills by Ã £66m in order to get the new cash in tills =Ã £71m. By reduce the loans advances and increase the cash, which will reduce the lending. The liquidity ratio will increase lead to the credit crisis. [C]New balance sheet with the capital ratio of 8% Liabilities Ã £m Assets Ã £m Risk Weighting Risk Adjusted Assets (Ã £m) Deposits Cash Current accounts 195 Cash in Tills 71 (0%) 0 Time deposits 94 Money at call 5 (0%) 0 Total Liabilities 289 Available for sale assets Gove Bonds ; Bills 10 (10%) 1 Other Bonds ; Bills 40 (20%) 8 Equity Shareholder Capital 7 Other assets Retained Profits 3 Loans and Advances 59 (100%) 59 Mortgages 114 (50%) 57 Total Equity 10 Total Liabilities + Equity 299 Total Assets 299 Total Risk- Adjusted 125 UK Liquidity Ratio 3.34% Leverage Ratio 3.34% Capital Ratio 8% Part C: Explain how, in rebuilding capital ratios, aggregate demand will change, as a result the economy as a whole, could slide into recession. AnswerÃ ¯Ã ¼ The bank starts to rebuild the capital ratios by reducing the risk-adjusted assets. Under the reducing the riskÃ¢â¬âadjusted assets, it will change the composition of the assets by reducing the loans ; advances and increasing cash in tills. It will cause the overflow of the liquidity. Bank is suddenly reducing profitability. Loans become lesser and lesser to firms, individuals and so on. The bank refused to give loans to others in order to rebuild the capital ratio to achieve a higher figure, which will cause the credit crisis. Assuming the entire bank do that, the aggregate will fall due to the falling of the consumption of domestically produced goods ; services and the investment. All of these are depend on loans. For people, they want to take loans from banks by buying cars and house. They also want to pay the educational fees. For the firms, they are in trouble they cannot finance the loans. Sometimes, they donÃ¢â¬â¢t have enough money to buy the new equipment and pay the sa lary to their employees, so they take loans from banks, the issue is they cannot take enough loans from banks so as to firms are tending to make less investment. Due to rebuilding capital ratio, banks donÃ¢â¬â¢t want to give loans to others, the Cd will fall down. As a result, the economic will go into the recession. The economic will experience a huge fall in terms of their aggregate demand. Also, the banks start to rebuild the capital ratio by increasing the equity. Through increasing retained profit, it can delay the payment of dividends and increase its loans rates ; bank charges, or by laying off staff and closing underperforming branches so that it will cause the increasing of the unemployment rate and reducing spending. Everything is tending to fall. Spending lesser and lesser, the aggregate demand will fall. Thus, GDP will fall leading to the recession.