Cultural Factors of Internet Free Essay Example, 1750 words

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.

Adolescent Girls at Risk Essay - 1945 Words

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 school†¦show more content†¦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 â€Å"complexities surrounding communication and expectations are at risk of increasing† (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 â€Å"†¦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 be† (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   |  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. A total of 1880 adolescents in Sweden, self-reported their depressive symptoms byRead MoreTeen s Body Image And Eating Disorders996 Words   |  4 PagesTeen Girls’ Body Image and Eating Disorders In today’s society, many adolescent girls are dissatisfied with their body image due to comparing themselves to the media’s unrealistic ideal thin body. Since they grow up in a world filled with mass media such as television, films, magazines, movies, music, newspaper and the Internet, it is very easy to come across this ideal body image (Morris Katzman, 2003). As teen girls associate with this ideal thinness they tend to be dissatisfied with theirRead MoreLearning Styles And Sociocultural Influences On Child And Adolescent Development1641 Words   |  7 Pagesessay will describe child and adolescent behaviours reported in the media and will examine the link to development theories, learning styles and sociocultural influences on child and adolescent development. As a developing secondary school preserve teacher, my focus will be mainly on adolescent behaviours and development. I will be examining an article from a media how these developmental theories analyses an d helps us to understand the behaviour of child and adolescents. I will also try to explainRead MoreWomen and adolescent girls are exposed, daily, to the medias portrayal of perfect beauty. Being1600 Words   |  7 PagesWomen and adolescent girls are exposed, daily, to the medias portrayal of perfect beauty. Being bombarded with images of beautiful women with perfect figures and porcelain skin has had an effect on the way women and young girls portray their own bodies. This, in return, causes a drive for thinness which, ultimately, can ignite feelings of dissatisfaction which can cause eating disorders and poor health decisions. This epidemic has captivated many women and adolescents as they go to tremendous lengthsRead MoreHigh Prevalence Of Adolescent Smoking1261 Words   |  6 Pagessecondary school adolescents in Madinah, Saudi Arabia smoked. Although the proportion that smoked was higher among male and secondary school students, it remained also alarmingly high among female and intermediateschool students. Further analyses showed that in both secondary and intermediate schools, male smoking outweighed female smoking. A similarly high prevalence of adolescent smoking was also reported in previous Saudi studies [8-10]. The reported overall prevalence rates of adolescents smoking inRead MoreAdolescent Depression And Its Effects1339 Words   |  6 PagesEnglish 3 1st period January 5, 2015 Adolescent depression While researching I found out that many things about adolescent depression and thanks to the authors that published books, newspaper and magazines. These authors provided useful information about adolescent depression that helps me understand the results or tragic outcomes which made me value this issue. Providing me with graphs, rates, discussions and informing me with important information about adolescent depression. The information authorsRead MoreEffects Of Teen Pregnancy On Teenage Pregnancy1620 Words   |  7 Pagesâ€Å"Teen childbearing is associated with negative consequences for the adolescent parents, their children, and society,† (The Office of Adolescent Health, U.S. Department of Health and Human Services). Teenage females associated with childbearing expose themselves to many risks and negative effects that can affect their future. Females result with many consequences due to teenage pregnancy. This paper will strictly focus on the effects females experience through teenage pregnancy. The reader will beRead MoreA Stress And Coping Theory Proposed That Stress From Social And Environmental Factors1308 Words   |  6 PagesVrshek-Schallhorn et al. 2014). Romantic relations could increase the risk of depression more by the stress produces and because younger girls do not possess adequate coping skills, they are unable to deal with the stress (Starr Hammen 2016). Neurobiological processes such as brain development was suggested as a risk factor for depression development in romantically involved, early adolescent girls. Early, adolescent girl’s brains are still developing so they do not have the required skillsRead MoreSocial Anxiety And Its Effects On The World1738 Words   |  7 Pagesand heightens suicide peril. The most vigorous risk factors for melancholy in adolescents are a family history of depression and exposure to psychosocial stress. Inherited peril, develop phrenic factors, sex hormones, and psychosocial adversity interact to increment risk through hormonal factors and associated perturbed neural pathways. Albeit many homogeneous attributes between dejection in adolescence and despondence in adulthood subsist, in adolescents the utilization of antidepressants is of concernRead MoreEthical Considerations Of Compulsory Hpv Vaccination1677 Words   |  7 PagesVaccination Mandates for Adolescent Girls Human papillomavirus (HPV) is a sexually-transmitted infection (STI) which includes over forty strains, several of which are the cause of 70% of cervical cancer cases (Thomas, 2008). The Food and Drug Administration licensed the vaccine, Gardasil, produced by the pharmaceutical company, Merck, in June 2006 as a safe and effective means for preventing cervical cancer caused by HPV (Thomas, 2008). The vaccine can be administered in young girls starting at the age

Technology - Management - and Society

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: Reà ¢Ã¢â€š ¬Ã‚ examining technology Sà ¢Ã¢â€š ¬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.

Moments of the Puzzle free essay sample

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 didn’t even see this angle. But it’s a gaping hole, and detrimental to his case. We’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 I’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 haven’t seen Julie in months, and the laughter was a pleasant reminder of what I’ve missed. We don’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 birds’ 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. I’ve never been to the Pyrenees before, but I’m comfortable. The vivid blue of the sky and the snowcapped top of the mountains is so different from the mossy green grass. I don’t think I’ve ever seen such vibrant colors. I’m being called back to the car to begin the descent, but my feet are planted. I’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. She’s wishing me happy seventeenth birthday, and is telling me she’s glad she had me. She thinks she’s such a comedian. Miguel beams at me, and clinks my glass. My dad hands me another cracker. I’m a year older, but I’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 stomach—when you’re so satisfied, the world seems to shine. These moments determine who you are, and who you want to be.

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  £16m and the total asset is  £305m. After the written-down of  £6m on mortgages, the mortgages have converted  £120m into  £114m so that the new total assets change to  £299m. In addition, due to the decrease of total assets, the total equity also turned into  £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  £191m compared with previously figure  £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  £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  £191, we suppose to find how much total equity is need to achieve capital ratio of 8%? Assume X=total equity. 8%=X/ £191m*100% X= £15.28m. In conclusion, total equity most increase to  £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 has £10 in total equity. From 1 X is given  £15.28m. X- £10m= £15.28m- £10m= £5.28m. In conclusion, bank needed additional equity  £5.28m from the existing equity of  £10m to achieve the total equity of  £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  £10m in equity The total risk-adjusted assets= £10m/8% *100%= £125m. In conclusion, assume total equity is fixed; the total risk-adjusted assets have to decrease to  £125m in order to achieve the capital ratio of 8% 1. Form the table, we can see, current risk-adjusted asset = £191m and the target risk-adjusted asset = £125m. The change of risk-adjusted asset =new risk-adjusted assets-old risk-adjusted assets= £125m-  £191m=- £66m. In conclusion: the total risk-adjusted assets must reduce by  £66m in order to get  £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= £125m Because the risk weight of loans and advances is 100%. We need to make it smaller, old loans and advances= £125m, new loans and advances=old loans and advances +changes in composition of assets= £125m+ (- £66m) = £59m. In conclusion, to achieve the value of risk-adjusted asset= £125m, we need to reduce the loans and advances by £66m in order to get the new loans and advances = £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= £5m+ £66m= £71m. In conclusion, to achieve the value of risk-adjusted asset= £125m, we not only need to reduce the loans and advances, but also need to increase the cash in tills by  £66m in order to get the new cash in tills = £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  £m Assets  £m Risk Weighting Risk Adjusted Assets ( £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. Answerà ¯Ã‚ ¼ The bank starts to rebuild the capital ratios by reducing the risk-adjusted assets. Under the reducing the risk—adjusted 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 don’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 don’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.

Homeless vote essays

Homeless vote essays Los Angeles social advocates, who were the first in the nation to submit homeless shelters as polling place, are working to increase the numbers of homeless and low-income voter who vote. They hope to register 5000 new voters and plan extensive voter education and mobilization drives before Nov. 2. In California, several ballot initiatives are particularly compelling to homeless and low-income individuals. According to the National Coalition for the Homeless, voter registration drives show that about 60% of homeless people identify themselves as Democrats, 20% as Republicans and 20% as independents. The overall number of homeless people appears to be growing. Census data from 2000 show that homeless and low-income individuals are the least likely to register to vote and the least likely to turn out at the polls, but they are surprisingly well informed about local, national and even international events. Los Angeles registration drives have been a model for other cities for concentrated homeless population. Homeless people have the right to vote, and hope to register hundreds of them for this year's elections, to make sure their voices are heard on social issues and to encourage them to participate actively in society. As an example of how homeless people could make a difference by voting, 2000 Florida presidential election results, in which W. Bush beat Al Gore by only 537 votes to win the presidency. By exercising their right to vote, it makes them feel like they are part of a community, whether they are living at the LAX or one of the downtown bridges. ...

Ethnocentrism Article Example | Topics and Well Written Essays - 500 words

Ethnocentrism - Article Example The only reason behind such a behavior was ethnocentrism. Of importance is the fact that ethnicity is not related to the biology of a person, therefore being alterable and flexible. This is not true for race, which is considered to be the innate qualities of a person, which therefore is unalterable and fixed. Therefore, we can infer that race is a profound reality based on biological origins while ethnicity is relatively superficial. Ethnocentrism therefore does not gives importance to the physical characteristics of a person as long as that person remains a member of that culture. Contrary to this, racism does not give importance to cultural attachment. Rather it favors those who are biologically similar. Racism therefore fails to accommodate those who have similar ideas and interests but are biologically different. The delivery of health care to growing populations of multiple ethnicities in modern day world is a challenge for modern day health care providers. Lapses in cross-cultural communication and mutual understanding which mainly stems from the ethnocentric behavior of health care professionals result in non-compliance of the patients (Thiederman, 1986). Differences in religions and practices may in turn become the cause of disliking a patient by the health care providers. Superstitious behaviors may lead a health care provider to think that patient has some mental abnormality, while the patient is merely practicing what he believes in. Such matters require careful consideration by the health care providers to avoid causing loss to patients. Similarly, patients may suffer from poor standard of care due to the fact that a particular health care provider dislikes a particular ethnicity. Vienna Declaraction states that â€Å"the universal nature† of all human rights and fundamental freedom is â€Å"beyond question† (Ayton-Shenker,