Finance in Corporate America - 1850 Words

Joanne Jackson June 1, 2011 Corporate Finance 620 M 600-950 Ch. 12 Mini Case A. Do you think Adam Lee should develop a strategic plan for the company? Why? What are the central elements of such a plan? What is the role of finance in a strategic plan? Yes. The goal of companies is to create more wealth for the owners and for financial managers to make their company more valuable and without well designed strategic and tactical plans in place it is impossible to do. The central elements of a strategic plan are: (1) statement for mission (2) corporate scope (3) corporate objectives (4) strategies (5) the operating plan and (5) the financial plan. The role of finance in a strategic plan is to add more†¦show more content†¦E. Define the term self-supporting growth rate. The self-supporting growth rate is the maximum growth rate that a firm can achieve if it had no access to external capital. Based on the Figure MC-1 data, what is Hatfield’s self-supporting growth rate? Would the self-supporting growth rate be affected by a change in the capital intensity ratio or the other factors mentioned in question d? M (1 – POR)(S0) 0.012(1 – 0.675)(2,000) Self-supporting g = = A0 * - L0* - M(1 – POR)(S0) 1,200 – 100 – 0.012(1 – 0.675)(2,000) $7.8 = = 0.7% $1,092.32 The self-supporting growth rate would be affected by a change in capital intensity because if the capital intensity ratio is high then the lower the self-supporting growth rate will be because the company would need more assets for each dollar of sales they have. The higher the profit margin the higher the self-supporting growth rate because the need for external financing would be low because the company would be able to support the increase in assets. 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492 risk management paper draft 2 - 1314 Words

Risk Management Paper Edgard Delos Santos 492/ NUR Senior Practicum: Leadership and Management January 26, 2015 Professor Kathy Smith I interviewed James Alviar RN, the Coordinator of Risk Management at my current place of employment the Queens Medical Center West Oahu. I asked him if there were any current risk management issues at our facility that we could discuss, but he said all current issues were confidential and he could not divulge any information to me. Instead, James pointed me in the generic direction of hospital falls that is a nationwide risk management issue and also pertains to us at Queens Medical Center. This paper will be discussing risk managements role, what falls are, how falls are addressed, how risk†¦show more content†¦A patients fall is an unintended descend to the floor that may or may not result in any injury to the patient. A fall is when a patient lands on a surface where you would not expect to find the patient. 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Importance Of Constitution Essay Example For Students

Importance Of Constitution Essay The Constitution of the United StatesThe Preamble states the broad purposes the Constitution is intended to serve to establish a government that provides for greater cooperation among the States, ensures justice and peace, provides for defense against foreign enemies, promotes the general well-being of the people, and secures liberty now and in the future. Article I of the Constitution is based on the legislative department. Section 1. Legislative Power; the Congress: is the nations lawmaking body. It is composed of two houses: the Senate and the House of Representatives. Section 2. House of Representatives: shall be made up of members chosen every second year by the people of the several States. Section 3. Senate: The Senate of the United States shall be composed of two Senators from each State for six years; and each Senator shall have one vote. Section 4. Elections and Meetings: the times, places, and manner of holding elections for Senators and Representatives, shall be prescrib ed in each State by the legislature. Section 5. Legislative Proceedings: each house will be the judge of the elections, returns, and qualifications of its own members, and a majority of each wins. Section 6. Compensation, Immunities, and Disabilities of Members: Senators and Representatives will receive a compensation for their services, to be ascertained by law. Section 7. Revenue Bills, Presidents Veto: all bills for raising revenue shall originate in the House of Representatives, but the Senate may propose or concur with amendments as on other bills. Every bill which passes both houses, will, before it becomes a law, be presented to the President of the United States; if he approves, he will sign, but if not, he shall return it with his objections. Section 8. Powers of Congress: the Congress shall have power in order to lay and collect taxes, duties, imposts, and excises, to pay the debts, and provide for the general welfare of the United States. Section 9. Powers Denied to Congr ess: the migration or importation of such persons as any of the States now existing will think proper to admit, shall not be prohibited by the Congress prior to the year one thousand eight hundred and eight; but a tax or duty may be imposed on such importation. Section 10. Powers Denied to the States: no state shall get into any sort of treaty, alliance, or confederation; grant letters of marque and reprisal; coin money; emit bills of credit; make anything but gold and silver coins, or grant any title of nobility. Article II of the Constitution is talks about the Executive department. This Article is only made up of 4 sections, compared to Article I and its 10 sections. Section 1. Presidents and Vice President: the executive power shall be vested in a President of the United States of America. He shall hold his office during the term of four years, and together with the Vice President, be chose for the same term. Section 2. Presidents Powers and Duties: the President is the Commander in Chief of the army and navy of the United States, and of the militia of the several States. He shall have power to make treaties, nominate, appoint ambassadors and judges of the Supreme Court. The President has power to fill up vacancies in the Senate. Section 3. Presidents Powers and Duties: he shall from time to time, give to Congress information of the stat of the Union, and recommend to their consideration if such measures are necessary. Section 4. Impeachment: the President and Vice President, and all civil officers of the United States, can be removed from office on impeachment for, treason, bribery, or other high crimes and misdemeanors. .u52da5f94b29432f9295d5867e150aa70 , .u52da5f94b29432f9295d5867e150aa70 .postImageUrl , .u52da5f94b29432f9295d5867e150aa70 .centered-text-area { min-height: 80px; position: relative; } .u52da5f94b29432f9295d5867e150aa70 , .u52da5f94b29432f9295d5867e150aa70:hover , .u52da5f94b29432f9295d5867e150aa70:visited , .u52da5f94b29432f9295d5867e150aa70:active { border:0!important; } .u52da5f94b29432f9295d5867e150aa70 .clearfix:after { content: ""; display: table; clear: both; } .u52da5f94b29432f9295d5867e150aa70 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u52da5f94b29432f9295d5867e150aa70:active , .u52da5f94b29432f9295d5867e150aa70:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u52da5f94b29432f9295d5867e150aa70 .centered-text-area { width: 100%; position: relative ; } .u52da5f94b29432f9295d5867e150aa70 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u52da5f94b29432f9295d5867e150aa70 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u52da5f94b29432f9295d5867e150aa70 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u52da5f94b29432f9295d5867e150aa70:hover .ctaButton { background-color: #34495E!important; } .u52da5f94b29432f9295d5867e150aa70 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u52da5f94b29432f9295d5867e150aa70 .u52da5f94b29432f9295d5867e150aa70-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u52da5f94b29432f9295d5867e150aa70:after { content: ""; display: block; clear: both; } READ: An Incident That Changed My Life EssayArticle III is based on the Judicial department and it consists of only three sections. Section 1. Courts, Terms of Office: the judicial power of the United States shall be vested in one Supreme Court, and in such inferior courts as the Congress may from time to time ordain and establish. Section 2. Jurisdiction: the judicial power will extend to all cases, in law and equity, arising under this Constitution, the laws of the United States, and treaties made. Section 3. Treason: Treason against the United States shall only in levying war against them. Congress shall have power to declare the punishment of treason. Article IV talks about the relation among states in the United States of America. Section 1. Full Faith and Credit: will be gave in each state to the public acts, records, and judicial proceedings of every other State. Section 2. Privileges and Immunities of Citizens: the citizen of each State shall be entitled to all privileges and immunities of citizens in the several States. Section 3. New States; Territories: New states may be admitted by the Congress into our Union; but no new State will be formed or erected within the jurisdiction of any other State. Section 4. Protection Afforded to States by the Nation: the United States shall guarantee to every State in this union a republican form of government. Article V of the Constitution is one of the shortest Articles next to the ratifications but is needed to confirm Provisions for Amendment: The Congress will propose amendments to this Constitution, with two-thirds vote of both Houses and they deem it necessary; they can call a conve ntion for proposing amendments. Article VI is about the National debts, Supremacy of National Law, Oath.

Western Medicines Impact On The Traditional Beliefs Of The Kaliai Essa

Western Medicine's Impact On The Traditional Beliefs Of The Kaliai The people of the Kandoka village, located in Papua New Guinea, have quite a unique way of life that differs from that of Western civilization in several ways. They are essentially a simple society based on subsistence horticulture and occasional hunting. With a population of approximately four hundred people, the Kandoka village is the largest of the five coastal villages of Lusi-Kaliai speakers. Travel between these different communities is achieved by foot or sea and usually requires a substantial amount of time. This can be quite problematic in cases of medical emergency. Although a registered nurse is located at an Aid Post a few miles from the village, more serious cases are often referred to hospitals quite far away. The Kaliai have now been in contact with Western culture for over a century and with Western medicine for almost fifty years. They have still managed to maintain their strong cultural beliefs and practices while at the same time integrating certain aspects of West ern culture into theirs. In this essay I will discuss how the availability of Western medicine has affected how the Kaliai perceive and explain causes of illness and methods of treatment, when they seek this type of treatment, and how they explain and deal with it's failure. I will then proceed to comment on how and when traditional treatment is exercised and what happens if this method fails. The information used in the discussions is provided in a series of case histories documented by Drs. Dorothy and David Counts. It is from these cases we find that the people of the Kandoka village have generally accepted Western medicine and use it in varying combinations with traditional practices. Western Medicine's Impact on Perceptions of Illness With the introduction of Western medicine into the Kandoka village came new ways of explaining illness and providing treatment. Contact with Western missionaries had established a great deal of respect for their culture through both their kindness and their exciting different way of life. When Western medicine became available near by at a relatively low cost the Kaliai experimented with these new methods of treatment. This new system of health care differs from traditional Kaliai care in that it is based more so on scientific facts and discoveries. Illness and disease are diagnosed according to what symptoms the victim possesses. Once the diagnosis is established the associated treatment is administered. From the information presented in the case histories it does not appear that the Kaliai were unwilling to seek aid from Western medical care providers. Several of the victims mentioned in the cases sought advice and treatment provided by Westerners. In the majority of situations this was even the first avenue explored by them. Such was the case with Paul, Tina, Nathan, Bruno and Christy. It generally appeared that this method of treatment was selected over traditional medicine especially when symptoms were recognized as being similar to ones that had been cured through Western medicine in the past. Examples of this involve the infection of Paul's thumb, Tina's high fever, and Nathan's swollen face. Shortly after the symptoms appeared, Paul approached the Counts for first-aid treatment. With this infection continuing to worsen, his next action was to travel to the mission clinic to see if they could heal him. In Tina's case her parents wanted to take her to the Health Centre but bad weather prevented them from travelling there. They, like Paul, then approached the anthropologists for help. In Nathan's situation he was administered treatment at the Kaliai Health Centre and was then paid a visit by the Counts. The anthropologists, and their pills, were credited with predicting the time of his recovery and with his cure. These cases suggest a high level of confidence in Western medicine's ability to heal. Unfortunately, in Paul's case he was unable to get to a better medical facility in time and ended up needing to have his thumb amputated. Drs. Dorothy and David Counts were often consulted both because of their close proximity and because they were highly respected by the villagers. The other common place travelled to for treatment was the Kaliai Health Centre staffed by trained nurses. Although the people

Free Essays on A Million Little Pieces

A Million Little Pieces is a Shattering, honest memoir written by James Frey. Frey tells his story and struggles as a recovering crack head, glue sniffer, gas huffer, and alcoholic. This forthcoming memoir begins with the writer awaking on plane with his four front teeth knocked out, a hole in his cheek, and no recollection of the past two weeks of his life. Having come off a crack binge, and on the verge of death, Frey desperately needed help. He was fortunate to have beem scraped off the pavement by a friend, and sent on a plane to his clueless parents. When they saw their son’s battered carcass they knew that his addiction problems were a matter of life or death. They sent James to the famous Minnesota rehab clinic â€Å"Hazelden† to try and cure their son of a disease unbeenounced to them. Thus begins A Million Little Pieces, the raw account of James Frey’s six weeks in an intensive rehabilitation program. James is merely 23 years old when he arrives at Hazelden treatment center. Withdrawn from the outside world, and delirious to his chronic state, James is beginning the first stages of detoxification. He gives the brutally honest details of a less than glamorous day. â€Å"I awake and I start to shiver and I curl up and I clench my fists. Sweat runs down my chest, my arms, the backs of my legs. It stings my face. I sit up and I hear someone moan. I see a bug in the corner, but I know it’s not there. The walls close in and expand they close in and expand and I can hear them. I cover my ears but it’s not enough.† â€Å"I scream. I piss on myself. I shit my pants.† â€Å"I am blinded by blackness. I am gone† (Frey, 11.) Frey spends days in detoxification and contemplates if his life is worth this pain. Unlike other accounts of rehabilitation, Frey doesn’t glamorize the process the intensity of his account is overwhelming. For the first time in thirteen years Frey is sober and unable to run from his problems. He begins m... Free Essays on A Million Little Pieces Free Essays on A Million Little Pieces A Million Little Pieces is a Shattering, honest memoir written by James Frey. Frey tells his story and struggles as a recovering crack head, glue sniffer, gas huffer, and alcoholic. This forthcoming memoir begins with the writer awaking on plane with his four front teeth knocked out, a hole in his cheek, and no recollection of the past two weeks of his life. Having come off a crack binge, and on the verge of death, Frey desperately needed help. He was fortunate to have beem scraped off the pavement by a friend, and sent on a plane to his clueless parents. When they saw their son’s battered carcass they knew that his addiction problems were a matter of life or death. They sent James to the famous Minnesota rehab clinic â€Å"Hazelden† to try and cure their son of a disease unbeenounced to them. Thus begins A Million Little Pieces, the raw account of James Frey’s six weeks in an intensive rehabilitation program. James is merely 23 years old when he arrives at Hazelden treatment center. Withdrawn from the outside world, and delirious to his chronic state, James is beginning the first stages of detoxification. He gives the brutally honest details of a less than glamorous day. â€Å"I awake and I start to shiver and I curl up and I clench my fists. Sweat runs down my chest, my arms, the backs of my legs. It stings my face. I sit up and I hear someone moan. I see a bug in the corner, but I know it’s not there. The walls close in and expand they close in and expand and I can hear them. I cover my ears but it’s not enough.† â€Å"I scream. I piss on myself. I shit my pants.† â€Å"I am blinded by blackness. I am gone† (Frey, 11.) Frey spends days in detoxification and contemplates if his life is worth this pain. Unlike other accounts of rehabilitation, Frey doesn’t glamorize the process the intensity of his account is overwhelming. For the first time in thirteen years Frey is sober and unable to run from his problems. He begins m...

8 Ways to Avoid Barking Up the Wrong Family Tree

8 Ways to Avoid Barking Up the Wrong Family Tree There is nothing more frustrating than finding out the ancestors youve been so diligently researching, and have even come to love, arent really yours. Yet, it happens to most of us who research our family trees at some point. A lack of records, incorrect data, and embellished family stories can easily send us off in the wrong direction. How can we avoid this heartbreaking result in our own family research? It isnt always possible to avoid wrong turns, but these steps may help keep you from barking up the wrong family tree. 1. Dont Skip Generations Skipping generations in your research is the most common mistake made by beginners. Even if you think you know everything about yourself and your parents, you shouldnt skip directly to your grandparents. Or your immigrant ancestor. Or the famous person that youve been told youre descended from. Working your way back one generation at a time greatly lessens your chances at attaching the wrong ancestor to your family tree, because youll have the supporting documents- birth records, marriage certificates, census records, etc.- to support the link between each generation. 2. Dont Make Assumptions About Family Relationships Family terms such as Junior and Senior as well as aunt and cousin were often used very loosely in earlier times - and still are, even today. A designation of Jr., for example, may have been used in official records to identify between two men of the same name, even if they were unrelated (the younger of the two being called Jr.). You also shouldnt assume relationships between people living in a household unless it is specifically stated. The sole adult-aged female listed in your great-great grandfathers household, may indeed be his wife- or it could be a sister-in-law or family friend. 3. Document, Document, Document The most important habit to pick up when starting genealogical research is to diligently  write down how and where you find your information. If it was found on a website, for example, write down the title of the site, the URL and the date. If the data came from a book or microfilm, write down the title, author, publisher, publication date and the repository.  If your family information came from a relative, document who the information came from and when the interview took place. There will be many times when youll run across conflicting data, and youll need to know where your information came from. Often, its convenient to use a spreadsheet for this purpose, but it can also be helpful to keep physical records. Printing out hard copies for reference is a great way to back up information in case the data is taken offline or changes. 4. Does it Make Sense? Constantly review all new information that you add to your family tree to make sure that it is at least plausible. If the date of your ancestors marriage is only seven years after they were born, for example, you have a problem. The same goes for two children born less than nine months apart, or children born before their parents. Does the birthplace listed in the census correlate with what youve learned about your ancestor? Have you possibly skipped a generation? Look at the information youve gathered and ask yourself, Does this make sense? 5. Get Organized The more organized your genealogy research, the less likely that youll mix up information or make other simple, but costly, mistakes. Choose a filing system that works with the way you do research, making sure that it includes a way to organize both your papers and certificates ​and your digital documents and other computer files. 6. Verify Research Done By Others Its hard enough avoiding your own mistakes, without having to worry about the mistakes of others as well. Publication- whether in print or online- doesnt make anything fact, so you should always take steps to verify previous research  using primary sources and other tools before incorporating it into your own.   7. Rule Out the Other Possibilities You know that your great-great-grandfather lived in Virginia around the turn-of-the-century, so you look him up in the 1900 U.S. census and there he is! In truth, however, this isnt him; its someone else with the same name living in the same area during the same time period. It is a scenario that actually isnt all that uncommon, even with names you might think are unique. When researching your family, it is always a good idea to check the surrounding area to see if there is someone else who could fit the bill.   8. Turn to DNA Blood doesnt lie, so if you really want to be sure a DNA test may be the way to go. DNA tests cant currently tell you who your specific ancestors are, but they can help narrow things down quite a bit.

History of economics Essay Example | Topics and Well Written Essays - 500 words

History of economics - Essay Example Before the evolution, slave trade was the only trade that people knew and they considered it an economy. During the sixteenth century, people were uncivilized and war was known to be the main economic activity (Canterbery 18). Many economists have come up with many theories to explain the history of economics. The western history of economics is divided into four theories (Deane 1). 1. Classical Greek: This period is also referred to as the feudalism (survival for the fittest). This is a time when political philosophy focused on ethical problems of the Aristocratic slave based. This was a time when people stopped slave trade and there was no economy and people only produced the necessities like food, clothing, and shelter. 2. Mediaeval Scholastic: During this era, economics was a clerical monopoly and the mediaeval economic ideas were essential. Individual economy behavior was relevant in the market economy rather than exchange economy which actually worked. 4. Modern: During the eighteenth century, Adam Smith, a French physiocrat, came up with the study of economics as a distinctive discipline, a science and a technique of analysis, and it was a time when economics was introduced to the people and everyone understood the essence of the economy. The two economic ideologies (classical Greek and mediaeval) which came up were mainly historical. The Greek and Mediaeval was based on political and theological interest and the approaches had little to do with modern economics. The mercantilist theory was developed during the seventh century. Mercantilists described economics as the art of managing a state, and they had created the element of demand and supply. They developed theories of interest rate, which had factors like yield of investment in the capital stock and the supply of loanable funds (Deane 3). The main focus was on external trading relationship on nations,

The 7-S framework model is suggested as a tool for identifying the Essay

The 7-S framework model is suggested as a tool for identifying the interrelationships between different aspects of corporate str - Essay Example The core notion behind the model is that effectiveness in an organization is a result of several interrelated factors (Waterman, Peters & Phillips, 1980). The framework aids to take all the knowledge of the above mentioned organizational variables which are informal, soft or does not require the purview of the senior management team. The model suggests that other than structure and strategy, style, superordinate goals (shared values), systems and skills are also important for aligning the staff to perform certain aspired organizational activities. The model thereby urges users to focus on the interactions between the 7S and propose to bring about a balance in the organization (Bhatti, 2011). Effectiveness of the 7S framework Effectiveness is perceived in diverse manners. This is possible as every individual in a team may have a distinct idea of the meaning of being effective. The task of the management in a firm is to recognize an issue which is already present in the firm. However, the issue is related to effectively diagnosing the problem. The 7S framework is effective in this case as it helps in acting as a guide to taking and making decisions as it aims to provide several suggestions and consultations with respect to issues with respect to structure and organization. This is especially necessary during the change management situations when firms need to restructure the three hard variables, systems, strategies and process. The other soft variables like style, staff, structure and superordinate goals are often neglected by the organization during the change management process and this result in failure. The model, on the other hand, serves as a useful connection to identify certain weaknesses and strengths within the 7S framework. The 7S framework highlights the fact that a change in any one of the 7S affects the other variables in the organization. It helps business leaders to understand that the manner in which interrelated elements come together during th e stage of strategy implementation (Choi et al. 2011). The 7S framework has not only been successful in helping to reorganize structures for enhanced organizational performance but also has proved to be effective in destination management. This is because the McKinsey 7S model helps in effectively implementing strategies – be it in the perspective of an organization or to enhance the image of a destination. This is because it helps in suggesting and arriving at a balance between seven interdependent factors (Oakley & Sugarman, 2013). The effectiveness of implementing the 7S model in destination management is to strategize and implement enhanced plans for marketing and changing the image of a particular place or destination. The same model was used in changing the image of Czech Republic by ably defining and explaining certain soft and hard variables like shared values or superordinated goals, strategy, system and structure, style and staffs and skills (Palatkova, 2011). In to day’s changing world, many business and management models have been rendered obsolete; but there are a few which are still practiced by most business organizations. The 7S framework is one of them. This is mainly because the model focuses on the significant function played by coordination between the hard and soft variables and thereby bringing about a balance during the stages of strategy formulation and implementation. This

Video game controversy Essay Example for Free

Video game controversy Essay Technology has (had) come a long way since the early years of life. The use of technology to humans, is to enhance or improve whatever it may be to have a much quicker advancement or have a better and easy going lifestyle. But in the more recent years, technology has turned for the worst. Specifically speaking, video games. Video games in its early years were meant for a positive use, much like any other type of game; to simply act as a fun activity to pass time. That is not the case anymore because of how dangerously advanced and addicting video games can be. In fact it’s so dangerous nowadays that countries like South Korea are contemplating whether or not to ban video games. Why is it dangerous? Video games influence a type of negative social behavior, has a direct correlation to the cause of Insomnia, and is relevant to the increasing obesity rates in America. Playing video games can lead to many negative effects on a person. Video Games influence a type of negative social behavior. â€Å"The effects of videophilia are substantial and include obesity, attention disorders, lack of socialization and poor academic performance† (Video Game Addiction). The person (game player) may lose social skills and qualities depending on the level of video game addiction. Usually, the player is spending so much time on the game that he/ she is neglecting other areas of life. A common sign of video game addiction is constantly talking about the game almost constantly. â€Å" It is more likely to talk down upon a peer after a violent video game session† (Tiret). These types of social skills are not acceptable to continuously practice. The people that talk down on peers because of the violent video game session could go into depression or anxiety because of what others say or think about them. Young Children love playing rated M 18+ games that contain violence and other profound content (Parks). â€Å" the more time children and teens spend playing violent video games the more likely they are to display aggressive behavior† (Tiret). The more violent the game is, the more violent the player will be. It’s morally wrong to be mean for absolutely no reason towards other human beings. The effects on aggressive behavior can be long lasting (Tiret). A build up in anger is not healthy. If the constant aggression keeps up, the aggressive person will be ostracized by classmates or friends. Insomnia is easily caused by the lack of sleep, which is a common symptom of a video game addict. â€Å"Studies have shown that people deprived of contact with nature were at greater risk of depression and anxiety† (Wilderness Adventure). â€Å"In a study by Breslau and associates, patients with insomnia were nearly 4 times more likely to suffer major depression than those without insomnia† (Johnston). A depressed person will look at everything negatively and have no motivation to go outside. The person may even view his/ her life not even worth living. Stress and depression can be caused by a variety of things resulting in insomnia. Stress may be caused by hours on the computer playing a game without rest. Depression may hit the person, depending on intimacy with the video game, once he/she loses a lot. â€Å" insomnia and its associated daytime sleepiness had significant negative effects on cognitive functioning and impaired their subjects’ ability to perform ordinary tasks† (Johnston). â€Å"Excessive Sleepiness has been linked to learning disabilities in children and cognitive and memory problems in adults† (Johnston). If this keeps up then the next generations will become less capable than the ones before which shouldn’t happen. Remembering what you ate for breakfast will be very difficult. â€Å"Poor sleep hygiene includes an irregular sleep schedule, stimulating activities before bed†¦Ã¢â‚¬  (Mayo Clinic). The ‘stimulating activities’ could translate into playing video games before you sleep. The effects of the stimulating activities causes the person to stay awake longer in bed. Some argue video games can be healthy to a person. One of the biggest positive effects video games can have on a person is the fact that makes people happy. As a result, video games have become an easy scapegoat for numerous violent tendencies and social behaviors. Video games are indeed a scapegoat, but it doesn’t hide the fact that the people who play these games as a scapegoat are neglecting themselves from the real world. These people will not get to experience what it’s really like in the real world. Based on solid scientific evidence, video games may actually fill basic human needs that the real world fails to satisfy (Shapiro). This applies to people who have social anxieties causing these people to refrain from the outside even more. The people are not completely solving their problems, only temporarily. It is not the game’s fault for these negative effects. There are millions who play the game and don’t go out and do the negatively portrayed actions on the news. The criminals mention the games’ names and blame the games. Violent games are very influential on a person. â€Å"Reality is too complicated to blame playings games, moving pictures, or letters on a page† (Parks). Games are where people get ideas from. Life is commonly sealed into one perception for a person, and curiosity comes from ideas that have never been heard of before. Addiction of video games can easily lead into obesity which is a dangerous and lethal disease. Video games create an obstacle for children. â€Å"Children today spend an average of 6 hours each day in front of the computer and TV, but less than 4 minutes a day in instructed outdoor play† (Wilderness Adventure). There is an extreme amount of physical inactivity. The calories are not burned which turn into fat later on. â€Å"Getting less than seven hours of sleep a night can cause changes in hormones that increase your appetite† (Mayo Clinic). Less sleep IS a vital cause of obesity. Eating most of your calories at night contributes to weight gain. â€Å"Overweight and obesity are linked to more deaths worldwide than underweight† (WHO). Being overweight and obese brings cardiovascular diseases, diabetes, and even some cancers. The obese people are not outside and running which leads into no training for the cardiovascular system. While playing video games, gamers do not pay attention to what they eat which could lead into a massive buildup of diabetes. â€Å"More than 40 million children under the age of five were overweight in 2011† (WHO). 41% of certain cancer burdens are attributable to overweight and obesity. Children who play video games fit into this category. The topic of video games being perceived as a positive thing today is growing out of hand. It’s like spreading a humongous lie to gullible innocents. Affecting social behavior in a negative manner, causing obesity, and developing insomnia are serious matters. The negative effects of playing video games are severe and the idea of playing video games should not be taken lightly.

The Most Important Qualities of An Outstanding Educator Essay -- essay

The Most Important Qualities of An Outstanding Educator   Ã‚  Ã‚  Ã‚  Ã‚  An outstanding educator possesses unique qualities that set him or her apart from others in the field. Ask any student about a favorite teacher and listen intently as he or she describes that person with a smile. Ask a parent of a child who will enter first grade in the fall about the teacher choice for their child. The parent would describe the outstanding educator in their desire for that special teacher. The qualities of an outstanding educator are easily recognized by those whose lives they touch, shape, and change on a daily basis. It is in this writing piece that they will be described and discussed.   Ã‚  Ã‚  Ã‚  Ã‚  Outstanding educators are caring. While most educators possess this quality, it is the notable teacher that is able to transcend his or her feelings into concrete and measurable ways that demonstrate an investment in the individual student. The outstanding educator asks and continues to ask; what can I do for this child? What does this child need? How will I deliver? What resources are available? The student’s progress and goals are constantly assessed and evaluated. Outstanding educators care about the whole child- academically and socially.   Ã‚  Ã‚  Ã‚  Ã‚  Another important quality of an outstanding educator is competence. Outstanding teachers are highly capable. They know how to do their job, and they do it very well. They are smart, well ed...

His Panic: Why Americans Fear Hispanics in the US Essay

Review by Howard Jordan, The City University of New York – Hostos Community College of book His Panic: Why Americans Fear Hispanics in the U. S. written by Emmy-award-winning journalist Geraldo Rivera. Rivera has truly emerged as a true warrior in defense of the Latino community and immigrant rights by dissecting and clarifying several myths that feed the anti-immigrant prejudice against the growing number of United States-born and foreign-born Latinos in our nation. One of the most obvious untrue assumptions surrounding immigrants is that Latinos are more prone to crime than their American counterparts. Rivera confronts the question of whether immigrants are committing crimes at higher rates than U. S. citizens. The debate started with a story about a drunk driver in Virginia Beach who killed two teenage girls in a terrible accident. The driver was an â€Å"illegal† Mexican. Rivera accusing Bill O’Reilly of making this same â€Å"cheap political point,† Rivera said, â€Å"[He] could have been a Jewish drunk, an Italian drunk, or an Irish drunk, would you still care? (p. 5). I believe this is the perfect example to showcase the constant double standard that exists when it comes to use Latinos as ‘scapegoats’ to take the blame for high rates of crimes or other issues. Statistics show that immigrants are no more prone to committing crimes than are the native-born. Another false rumor that causes anti-immigrant hostility is that Latino immigrants come here to take jobs from U. S. citizens. This statement cannot be further from the truth. With agreements like NAFTA, immigrants are not the ones to blame for stealing the jobs of American citizens. Conversely, the ones truly affected before any U. S. citizen is deprived of any opportunity are Mexicans because the jobs that NAFTA secures in the U. S. were jobs previously held by Mexican workers across the border. So, let’s take a moment to rethink who’s taking what from whom? In addition, Rivera cites several studies that show â€Å"Latino immigrants are not displacing American workers†¦ and rarely over-utilize social services†. Those criticizing must know that illegal immigrants are not entitled to receive any governmental assistance, because of their immigrant status. Going further Rivera has evidence in his book about â€Å"nonpartisan, non-ideological, scientific data [that] proves that immigrants contribute greatly to the America economy† (p. 169). Again this corrects the misinformation that immigrants are not a burdensome to the U. S. if not a huge contributing force of this nation whose rights are often violated. A further huge inaccurate detail Rivera addresses in his book is the assumption that immigrants use ‘anchor babies’ presumably to further the parents’ quest for citizenship. Anchor babies are children born of illegal immigrants to help their parents acquire citizenship status in the U. S. That cannot be further from the truth because under current law, an illegal immigrant parent seeking citizenship cannot use the fact that their child is a citizen, until that child reaches the age of twenty-one. However, immigrants are being wrongfully and constantly criminalized for intending to build and raise a family. In conclusion I believe that the United States has to stop using fear mongering to influence, manipulate the opinions and actions of its citizens with the goal of fueling anti-immigrant sentiment. This country was built by immigrants’ sweat and hard labor not just from Latin America, but from Europe and Africa. How can the U. S. carryon with not only taking their land, but also taking their pride, belittle them by inviting immigrants into this country and then deporting them as they conveniently desire when ‘those second class citizens are no longer useful’. I genuinely believe that American are in fear of Latinos. And they act they way they do to keep them at a margin, contain at a place where they are in need to settle and at often times take the poor jobs they get. It is embarrassing as a U. S. citizen that my own country carries this behavior. How can anyone be the cause of such horrible acts, of separating families due to technical issues and then praise to be the most powerful country in the world. The United States is the most powerful country in the world because our predecessors have gone out of their way to steal anything of value, not other communities’ ideas like Iroquois, or from the other developing countries of the world. The U. S must stop this way of politics and reach an agreement. An agreement where immigrants and workers are rewarded for their efforts, where we pay the price they are worth and earned for their hard work, that we restore what has been stolen, where the rich upper class get taxed according to the gross income they are earning. Where the jobs stolen are restored to Mexicans and Africans, restored for everything they have lost as a result of being brought here to build this country. This should be the land of opportunity, where everyone is equal at all levels and topics, not the land of exploiting the weak and enslaving them. Where is all this nonsense going to stop? I know is not that simple, to reverse the damage that has been done after so many years but we must start somewhere, perhaps by acknowledging the truth and not hiding the real facts behind the Latino scapegoat. People must be educated before taking a stand on what spot on the spectrum to be in. It is a very sensible topic that involves the lives of actual people, actual families. Thank you Geraldo Rivera for not forgetting about your roots, and using your position as a media figure to be an activist against the Latino immigrants.

How has environment influenced who I have become? Essay

How has environment influenced who I have become? According to Merriem-Webster, environment is â€Å"the circumstances, objects, or conditions by which one is surrounded.† Many people believe that our environment is not in danger. With advance of technology, certain thinks that we are not in worry of natural resources renew, recycling and exploitation of new energy. There are also many people who believe that one person’s effort is insignificant in global environment change. Colin Beavan is one of several pro-environmental who contribute to provide awareness in how environment is in danger. As the person I have become, environment has affected my everyday life. â€Å"I didn’t just want to have no carbon impact, I wanted to have no environmental impact†, Beavan said. (P.14) This environmentalist has struggled about ways to get the environment clean. As Colin Beavan im against carbon pollution that kill our trees, creates global warming etc. as long as human continues to pollute the environment with carbons from vehicles, airplanes, spill of toxic waste, humanity will get more troubles with the raise of divers illnesses, the lack of vegetation, the growth of desertification especially where I came from. Environmental impact comes from the non-respect of the nature. For example chemicals products use is the major concerned fact. Where I came, the government doesn’t have the economic power to face this, so, everybody does whatever they want without paying attention to the environment. According to Beavan, â€Å"I have to be an experiment in putting the habit first and seeing how that affects us.† (P.16) Beavan, which is the author of â€Å"No Impact Man† try to give the right behavior if wants to be a no impact man. For that him and his family were the first experiment for their project. It influences me too much because everything people want do in life, they have to be the first who will endure that. At the beginning, he stopped driving a car because of car pollution, and then he eliminated the plastic bags, controlled his trashes and eat only natural food. I think if we both start a least by trying to do the same, environment will be much better than it is  right now. â€Å"I blew my nose on a dead tree†, Beaven critiqued. (P.20) Have chosen to be a â€Å"No Impact Man† has it part of recriminations. He as all of us realized that in today’s world it is so difficult to go against our past habits but it is possible. So Beavan did. For example, when we try to make the environment better and accidentally make pollution by any manners, we recriminate ourselves and try to give up, but if we have real objectives to change the environment we could. Environment is not just one person’s conduct, but it could be one person’s conduct to changes others behavior. In conclusion, Colin Beavan is one of impressive people who give the right way to help protecting environment. He put himself as experiment in danger in order to guide people’s conscience. With â€Å"No Impact Man†, I found inspiration to protect in my way the environment. Since that, I try to eat natural food, living with the minimum necessary and try to get my environment clean and healthy.

4 questions to ask when negotiating a job offer

4 questions to ask when negotiating a job offer You have a job offer- awesome! Your work is done, right? After all, you’ve made it through the resume pile/interview/second interview gauntlet and emerged as the winner. Not so fast, champ†¦you still have some work to do. The job offer is just the start of the next phase: negotiating. This is your chance to get as much compensation as you can as you prepare to start this new phase of your career. Let’s review the most important questions to ask as you start to negotiate salary and/or benefits with your new employer.1. How are employees reviewed, and how is this tied to salary increases?This question lets you know what you can expect down the line and what you should negotiate up front. If the salary seems low up front and the company is unlikely to budge very much during this first phase, you can start making your plan- and your case- for an increase later on. If raises at this company are tied to good performance reviews, you can go in to the job on day one with t he goal of achieving an â€Å"excellent† (or whatever the metric is), and can talk with your manager to set specific goals so you’ll be in good shape when it comes time to talk about a pay bump.2. Besides the base pay, are any benefits negotiable?This gives you a sense of the playing field. If you can’t negotiate time off, insurance coverage, or other benefits, there’s no point in spending your time and energy on those points. It also lets you push a bit on the salary, if nothing else is up for discussion. Knowing what’s flexible and what’s not will help you target your negotiation.3. What is the fiscal year for this company?This question is a good one to ask because it’ll tell you when your next window for negotiation or a raise will be. If you’re starting at the beginning of a year and the company’s fiscal year starts in January, then you’ll have a straightforward year before an increase. But if you’re st arting in January and their fiscal year ends after the first quarter (April), you’ll be waiting significantly longer than a year for a potential salary increase. That gives you a bit of leverage to say, â€Å"Since it will be more than a year until I’m eligible for a salary review, I’m hoping we can start with a slightly higher initial salary.†4. Can you send me employee benefit costs?The company should be able to send you a one-pager or a packet outlining the basic benefits offered by the company (insurance, vacation time, etc.) and any related employee contributions/costs. Benefits aren’t usually highly negotiable, but you can use this cost information as part of your proposed salary.As you get started with the job offer negotiation process, the most important part is having as much information as possible at your disposal. That way, you can make realistic requests and have a good idea of how far you can push with your negotiation- or when you sh ould retreat and live to negotiate another day.

Creative Story Writing Lesson for ESL Students

Creative Story Writing Lesson for ESL Students Helping Students Write a Creative Story Once students have become familiar with the basics of English and have begun communicating, writing can help open up new avenues of expression. These first steps are often difficult as students struggle to combine simple sentences into more complex structures. This guided writing lesson is intended to help bridge the gap from simply writing sentences to developing a larger structure. During the course of the lesson students become familiar with the sentence connectors so and because. Aim: Guided Writing - learning to use the sentence connectors so and because Activity: Sentence combination exercise followed by guided writing exercise Level: lower intermediate Outline: Write a sentence with so and a sentence with because on the board: Example: We needed some food so I went to the supermarket. | He studied all night because he had a difficult test the next day.Ask students which sentence expresses a reason (because) and which sentence expresses a consequence (so).Now, write these variations of the sentences on the board: Example: I went to the supermarket because we needed some food. | He had a difficult test so he studied all night.Ask students to explain what has changed in the sentences. Check the students understanding of the differences between so and because.Give the students the sentence matching exercise. Students should match the two sentences that logically go together.Once students have completed this exercise, ask them to combine the two sentences in each pair using so or because. Check their answers as a class.Read the example story to the class as a listening exercise which also sets the tone for the follow Story:A young Swedish man na med Lars met a beautiful young French woman named Lise. They met in a cafe in Amsterdam during the afternoon. As soon as Lars saw Lise, he fell hopelessly in love because she was so beautiful and sophisticated. He wanted to meet her, so he introduced himself and asked her if he could speak to her. Soon, they were talking about their two countries and having a wonderful time. They decided to continue their discussion that evening so they made a date to have dinner in a wonderful restaurant. They continued to see each other every day because they had such a wonderful time together. Five months later, Lars moved to France and they married and lived happily ever after. Have students write a similar story using the guided writing prompts provided on their worksheet. Tell them they should be a creative as possible as that will make their story all the more enjoyable.Circulate around the room helping students with their short compositions.As a follow-up listening exercise which can be a lot of fun, have students read their stories aloud to the class. Results and Reasons I had to get up early.Im hungry.She wants to speak Spanish.We needed a vacation.Theyre going to visit us soon.I went for a walk.Jack won the lottery.They bought a CD.I needed some fresh air.She takes evening courses.Their friend had a birthday.We went to the seaside.I had an early meeting at work.He bought a new house.We havent seen them in a long time.Im cooking dinner. Writing A Short Story Quickly answer the questions below and then use the information to write your short story. Use your imagination to make the story as enjoyable as possible! Which man? (nationality, age)Loved who? (nationality, age)Where did they meet? (place, when, situation)Why did the man fall in love?What did he do next?What did the two do together that day?What did they do after that day?Why did they continue to see each other?How does the story end? Do they get married, do they separate?Is your story a sad or happy story?

MACROECONOMIC Essay Example | Topics and Well Written Essays - 750 words

MACROECONOMIC - Essay Example 2). The objectives of economic growth, stability in prices and the desired level of employment can be attained through fiscal policies. Instruments of fiscal policy and the effectiveness of the different measures in stimulating aggregate demand There are three main instruments of fiscal policy as discussed below. They are public debts, taxation and public spending. The instruments can be sued by the concerned authorities to achieve the desired level of production, national income as well as consumption. The term aggregate demand refers to the total expenditure made by the households, government and businesses on the goods and services that are produced domestically. It describes the behaviour of the buyers in response to changes in the policy implementations. If the level on inflation rises, the purchasing power of the consumers fall and therefore the aggregate demand curve is downward sloping (Auerbach, 2005, p. 3). This is described in the diagram below. Increase in government spen ding: The increase in the expenditure from the part of the government is likely to shift the aggregate demand curve to the right. The diagram below will provide the realistic picture. The increase in government spending means more money or disposable income on the hands of the consumers. The level of employment will take the upward rising curve and therefore it is natural that the aggregate demand curve will budge to the right as the overall level of demand within the economy will rise. Increase in tax cuts: The increase in tax cuts is expected to have the same effect as the cut will stimulate investment spending and the level of demand exiting in the economy will rise. Therefore the aggregate demand curve will budge to the right in this case as well. Fiscal policy stance 2012 (Australia) The fiscal deficit of Australia reached at the level of 44.7 billion dollars during the year 2012. The fiscal stance that the government adopted during the federal budget during that year was mostl y emphasized upon reducing the government expenditure. There were announcements of several new taxes namely minerals resource rent tax and the carbon price. There were some additional to fund reconstruction after natural disasters. The following diagram will show the government spending for the 2012 for Australia. The following table shows the personal tax rates for the country in 2012. Appropriateness of the fiscal policy stance Variation in outcomes can be witnessed among the different industries. The high commodity prices boosted the national income while the terms of trade reached at the record level in that year. On the other hand the conditions remained subdued in the fields of investments as well as in the arena of household spending (WACE Revision Centre, 2013, p. 12). The rate of unemployment has remained at the level of 5.25% although there was slight improvement in the unemployment conditions in the middle periods of 2011. The expenditures made by the consumers have remai ned at the moderate level with no surprising trends. The ratio of net wealth to disposable income has fallen in the recent years. The business investment rose sharply till the second half which drove in capital imports into the country and the impact of the capital imports had significant effects on the current account balance of the country. The demand stimulus of the country contracted

Knowledge Management - the Knowledge Creating Company Essay

Knowledge Management - the Knowledge Creating Company - Essay Example Another important element of the Japanese perspective on knowledge is how an organization is treated as a living organism. It is not merely a separate legal entity or merely a machine for production wherein people are divided into parts that play specific roles but considered as sentient due to the collective sense of identity and fundamental purpose. According to Nonaka, this makes the area of research, product development, marketing and planning not exclusively the domain of research and development or marketing departments. Rather, each employee contributes something and is a working and functional knowledge worker. The above points were supported by several principles and Nonaka attempted to be as comprehensive as possible, outlining many very important ones. For instance, he cited the idea that innovation would always come from an individual – a manager who has the skill to keep up with the fickleness of the market, a researcher who has the knowledge to develop effective strategies or a cleaner who may have a brilliant idea about effective processes based on his work experiences. So each employee in an organization regardless of his or her position is considered a source of excellent ideas.

Decreasing agitation in demented resident in nursing home Assignment

Decreasing agitation in demented resident in nursing home - Assignment Example Keywords: agitation, dementia, nursing home, nurse leader, evidence based practice Decreasing Agitation in Demented Patients Living in Nursing Home Behavioral and emotional disturbances, particularly agitation, are the major problems commonly observed in impaired elderly people dwelling in nursing homes, particularly those who are suffering of dementia. According to Tariot, Daiello and Ismail (2002, p. 2), behavioral symptoms affect a large population of dementia patients in the United States, where â€Å"as many as 90% of patients with dementia develop significant behavioral disorders at some point.† Based on a clinical research conducted by Bartels, et al. (2003, p. 236), the condition of patients with dementia is â€Å"complicated by mixed agitation and depression accounts for over one-third of complicated dementia†. Compared with other subgroups, elderly patients with dementia which are also experiencing bouts of agitation have the â€Å"highest rate of hospitaliza tion, the greatest number of medical diagnoses, and the greatest medical severity, and they receive the greatest number of psychiatric medications (Bartels, et. al. 2003, p. 234)†. As such, there is a great need to decrease agitation in dementia patients especially in the nursing home settings. Studies on psychiatric disorders recommend that agitation symptoms in patients with dementia should be efficiently treated through proper diagnosis and medication, together with the efficient management of the nurses and caregivers in enhancing the clinical outcomes according to evidence based practices (Salzman, et al., 2008). Cohen-Mansfield, Marx and Rosenthal (1990, p. 3) defined agitation as â€Å"inappropriate verbal, vocal, or motor activity that is not a necessary by-product of the needs or confusion of the agitated individual.† Agitated behavior may be manifested as an appropriate behavior executed with inappropriate rate of recurrence or it may be inappropriate based on social standards for the particular situation, as exemplified by the three syndromes such as aggressive behaviors, physically non-aggressive behaviors, and verbally agitated behaviors. The abusive or aggressive behavior of a patient may be directed towards him or others and are often apparent in the advanced stages of dementia. Physically non-aggressive behaviors are observed as adaptive to nursing home residents during their deteriorated stage of dementia, where their bodies need to be stimulated or undergo physical exercise. Verbally agitated behaviors are regarded as a form of help-seeking behaviors by patients that are experiencing depression and physical diseases (Cohen-Mansfield, Marx and Rosenthal, 1990). In addition, agitation may be brought by various physical and emotional factors like fears, insecurity, frustrations, and false beliefs brought about by impaired hearing, sight, or aphasia, most commonly observed in persons with cognitive impairment (Cohen-Mansfield, Marx a nd Rosenthal, 1990). There are also reports that nursing home staff frequently misapprehends symptoms of cognitive impairment as agitation instead of thoroughly checking if the said behavior stems from other reasons such as pain, hunger, boredom, fatigue, environmental chaos, or consequence of medical issues or medications. Sedatives and atypical antipsychotic drugs are usually administered to patients exhibiting dementia-associated agitation and

The Car Rental Industry In The Us Economics Essay

The Car Rental Industry In The Us Economics Essay The car rental industry is a multi-billion dollar sector of the US economy. The US segment of the industry averages about $18.5 billion in revenue a year. Today, there are approximately 1.9 million rental vehicles that service the US segment of the market. In addition, there are many rental agencies besides the industry leaders that subdivide the total revenue, namely Rent-A-Car, Dollar Thrifty, Budget and Vanguard. The rental car industry is highly consolidated which naturally puts potential new comers at a cost-disadvantage since they face high input costs (since companies in this industry have revenues of billions of dollars), with very low possibilities of economies of scale. Moreover, most of the profit is generated by a few firms including Enterprise, Hertz and Avis. For the fiscal year of 2006, Enterprise generated $7 billion in total revenue. Hertz came in second position with about $3.9 billion and Avis with $2.75 in revenues. During this year, revenues were about $20 billio n, with the top six companies having combined market shares of over 90 percent. Competition in this industry goes beyond nationally, companies are expanding globally, and for example Rent-A-Car is operating in the U.S, Canada, U.K, Ireland and Germany. In the U.S market there is a strong competition between the six largest companies, especially between Enterprise Rent-A-Car and Hertz for the rental facilities in airports. The level of vertical integration in the industry has been reduced in the last decades, by letting these companies more flexibility in the market and leading to higher profit margins. In fact, among the industry players only Hertz is vertically integrated through Ford. The market size of this industry is large so there is high demand for renting, but due to the very strong competition, the profit margin is not so high or attractive, moreover, it is best attained by economies of scale. Competitiveness has risen to such an extent that, according to Business Travel Ne ws, vehicles are being rented until they have accumulated 20,000 to 30,000 miles until they are sent for sale to the used car industry. What is competition like and how strong are the competitive forces? There are many factors that shape the competitive landscape of the car rental industry. Competition is fierce not only because the market is saturated and well guarded by industry leader Enterprise, but competitors operate at a cost disadvantage along with smaller market shares since Enterprise has established a network of dealers over 90 percent the leisure segment. On the corporate segment, on the other hand, competition is very strong at the airports since that segment is under tight supervision by Hertz. Competitively speaking, the rental car industry is a war-zone as most rental agencies including Enterprise, Hertz and Avis among the major players engage in a battle of the fittest. The five competitive forces Competitive Rivalry Among Sellers There are many factors that drive competition within the car rental industry. Over the past few years, broadening fleet sizes and increasing profitability has been the focus of most companies within the car rental industry. Enterprise, Hertz and Avis among the leaders have been growing both in sales and fleet sizes. In addition, competition intensifies as firms are constantly trying to improve their current conditions and offer more to consumers. Hertz, for example, integrates its Never-Lost GPS system within its cars. Enterprise, on the other hand, uses sophisticated yield management software to manage its fleets. The Potential Entry of new Competitors Entering the car rental industry puts new comers at a serious disadvantage. Over the past few years following the economic downturn of 2001, most major rental companies have started increasing their market shares in the vacation sector of the industry as a way of insuring stability and lowering the level of dependency between the airline and the car rental industry. On one hand, this action has ensured the success in the long run of the existing firms; on the other hand it has made it much more difficult for new entrants to join this market. Existing firms such as Enterprise, Hertz and Avis carefully monitor their competitive radars in order to be ready to attack any potential new entrant in the market. Another barrier to entry is created because of the saturation level of the industry. In 2006, Enterprise had a rental location within 15 miles of 90 percent of the US population. Because of the network of dealers Enterprise has established around the nation, it has become relatively s table, and most importantly, less reliant on the airline industry compared to its competitors. The Threat of Substitute There are many substitutes available for the car rental industry. From a technological standpoint, renting a car to go the distance for a meeting is a less attractive alternative as opposed to video conferencing, virtual teams and collaboration software with which a company can immediately setup a meeting with its employees from anywhere around the world at a cheaper cost. In addition, there are other alternatives including taking a cab which is a satisfactory substitute relative to quality and switching cost, but it may not be as attractively priced as a rental car for the course of a day or more. While public transportation is the most cost efficient of the alternatives, it is more costly in terms of the process and time it takes to reach ones destination. Finally, because flying offers convenience, speed and performance, it is a very attracting substitute; however, it becomes an unattractive alternative in terms of price relative to renting a car. On the business segment, car rent al agencies have more protection against substitutes since many companies have implemented travel policies that establish the parameters of when renting a car or using a substitute is the best course of action. Generally, the threat of substitute is reasonably low in the car rental industry since the effects the substitute products have do not pose a significant threat of profit erosion throughout the industry. The Bargaining Power of Buyers An interesting trend that is currently underway throughout the industry is forcing car rental companies to adapt to the needs of corporate travelers. This trend significantly reduces supplier power or the rental firms power and increases corporate buyer power since the business segment is extremely price sensitive, well informed about the industrys price structure, purchase in larger quantities and they use the internet to force lower prices. The Bargaining Power of Suppliers Supplier power is low in the car rental industry. Because of the availability of substitutes and the level of competition, suppliers do not have a great deal of influence in the terms and conditions of supplying the rental cars. Because the rental cars are usually purchased in large quantities, rental car agents have significant influence over the terms of the sale since they possess the ability to play one supplier against another to lower the sales price. Another factor that reduces supplier power is the absence of switching cost. That is, buyers are not affected from purchasing from one supplier over another. What forces are at work to change industry conditions? One of the most important forces in the car renting industry is the use of internet in companies. Internet has made possible instant linking between renting stores in different locations and provides a lower distribution and inventory cost. What is more, improvement in technology and the installation of different tools, including the GPS system in rented cars has made this industry more competitive for customers. The installation of specialized software in the facilities where cars are given for rent, for checking preferences of customers in different regions, gives details about what cars are mostly preferred and how many of them should be in that store, reducing storage costs. Which companies are in Strongest/ Weakest positions? As a moderately concentrated sector, there is a clear hierarchy in the car rental industry. From an economic standpoint, disparities exist from a number of dimensions including revenue, fleet size and the market size each firm holds in the market place. For instance, Enterprise dominates the industry with a fleet size of approximately 600,000 vehicles along with its market size and its level of profitability. Hertz comes in second position with its number of market shares and fleet volume. In addition, Avis ranks third on the map. Avis is among one of the companies that is having issues recovering its revenue margins from prior to the economic downturn. For instance, in 2000 Avis returned revenues of approximately $4.23 billion. Over the course of the next several years following 2000, the revenue of Avis has been significantly lower than that of 2000. As a way of reducing uncertainty most companies are gradually lowering the level of dependency on the airline industry and emerging t he leisure market. This trend may not be in the best interest of Hertz since its business strategy is highly linked to the airports. What strategic moves are rivals likely to make next? Since this industry operates in very narrow profit margins, it is very important to predict what the competitors next moves will be in order to be as prepared as possible. In 2007 there were some developments in this industry which were concerning Rent-A-Cars executives. These developments included a possible merger between Dollar Thrifty Automotive Group and Vanguard Car Rental as well as direct attacks on Enterprises off-airport rental markets and insurance company clients by Hertz, the second rental company in the industry. Avis uses its OnStar and Skynet system to better serve the consumer base and offers free weekend rental if a customer rents a car for five consecutive days. What are the key factors for competitive success? There are many key success factors that drive profitability throughout the car rental industry. Capacity utilization is one of the factors that determine success in the industry. Because rental firms experience loss of revenue when there are either too few or too many cars sitting in their lots, it is very important to efficiently manage the fleets. This success factor represents a big strength for the industry since it lowers if not completely eliminates the possibility of running short on rental cars. Efficient distribution is another factor that keeps the industry profitable. Despite the positive relationship between fleet sizes and the level of profitability, firms are constantly growing their fleet sizes because of the competitive forces that surround the industry. In addition, convenience is one of the crucial attributes by which customers select rental firms. Another key success factor that is common among competing firms is the integration of technology in their business proc esses. Through technology, for instance, the car rental companies create ways to meet consumer demand by adding the convenience of online rental among other alternatives. Furthermore, firms have integrated navigation systems along with roadside assistance to help their customers find the desired location easier and faster. Is the industry attractive or unattractive and why? There are many factors that impact the attractiveness of the car rental industry. Because the industry is moderately concentrated, it puts new market entrants at a disadvantage. What is more, existing companies in the industries can take measures to attack new entrants. Because of the risks associated with entering the industry among other factors, it is not a very attractive sector of the marketplace. From a competitive standpoint, the leisure market is 90 percent saturated because of the active efforts of Enterprise to dominate this sector of the market. On the other hand, the airport terminals are heavily guarded by Hertz. Realistically speaking, entry in the industry offers low profitability relative to the costs and risks associated. For most consumers, the main determining factors of choosing one company over another are price and convenience. Because of this reason, rental firms are forced to offer more to the consumers for less just to remain competitive. Based on the impact of the five forces, the car rental sector is not a very attractive industry to potential new market entrants.

Stepfamilies and Divroce Essay -- essays research papers

â€Å"Money, frequently cited as the biggest source of stress in family life, is often an even more challenging matter for members of stepfamilies† Statistically, in our world today, half of all marriages will end in divorce. About fifty-percent of our population will also live in a stepfamily environment. In other words, more than half of the American families today, are now or eventually will be in involved in one or more stepfamily situations during their life according to the U.S. Census Bureau in 1990. The â€Å"U.S. Bureau decided to discontinue providing estimates of marriage, divorce, and remarriage, except for those that are available from our current census. Thus many of our current estimates were derived from the 1990 census and earlier sources† (Step Family Fact Sheet, 1). Therefore the exact statistics in regards to stepfamilies today may be more or less from the estimated fifty- percent. Stepfamilies nowadays consist of many family members and are very complex. â€Å"Today’s stepfamily consists of you, me, your kids, my kids, our kids, your ex’es, my ex’es, even our ex’es new mates, and all the kin of these various folks. Stepfamilies give a new meaning to the concept of complex family relationships† (Hildebrand, 255). For that reason, the interactions within this family unit can be complicated and uncomfortable. There are many changes, positive and/or negative, that stepfamilies try to adapt to. For instance, adults take on new parenting roles and children take on new roles as well, such as a new stepparent or sibling. The parents and/or children may be required to relocate into a completely different house in a completely new neighborhood or city, which leads to separation issues with their nuclear family. With all these issues at hand it is obvious that this can be very stressful for everyone. Even more, this causes even more str esses, such as money. An ecological factor such as economics can have a huge impact on stepfamilies. This means financial decisions within a stepfamily have more people contributing to economic decisions. In turn, this can lead to more rules, emotions, and financial wishes and requests. When a couple decides to marry, especially for their second, third, or fourth time, it only brings in past experiences into the picture. Both spouses in the stepfamily most likely are in the work force as well. This also leads to the assumption th... ...ely on each other, and all members of a stepfamily adapt to rely on each other. As the entire family is going through change. In conclusion, money is powerful in our society and always has been throughout history. Therefore money has a major impact on families and research show’s that it may even have a larger impact on stepfamilies. References Clark, Janet A., Leigh, Sharon. Financial Decision Making in Stepfamilies. Retrieved from http://www.muextension.missori.edu/xplor/hesguide/ humanrel/gh6603.htm Facts and FAQ’s- Stepfamily Fact Sheet. Retrieved from http://www.saafamilies.org/faqs/index.htm Fletcher, N. Cynthia, (1992). Living in Stepfamilies: Making Financial Decisions. Iowa State University. Hildebrand, Verna (2000). Knowing and Serving Diverse Families (2nd ed.). New Jersey: Upper Saddle River. Klein, David M., White, James M.(1996). Family Theories. Pill, Cynthia J.(1990). Stepfamilies: Redefining the Family. Family Relations, 39, 2, 186-201. Stepfamilies: Meeting Challenges and Building Strengths (1995). Research Review. Retrieved from http://montana.edu/wwwhd/family/ f1195res.html Keri Smith CFD335-Booth Stepfamilies: Economic Factors

Evolution of Medical Practice Essay

1) Great Cases in Bioethics, compiled & edited by Paul A. Lombardo (2005) [available at the law school copy center] 2) Limits: The Role of Law in Bioethical Decisionmaking, by Roger B. Dworkin (Indiana, 1996) & Strangers at the Bedside: A History of How Law and Bioethics Transformed the Practice of Medicine, by David J. Rothman (Harper-Collins, 1991). [These are available for background material.–on reserve at the Law Library & the Center for Bioethics] The field of Bioethics has developed over the past thirty years as a product of several shifts in American cultural consciousness. The pervasive use of rights-based rhetoric borrowed from the civil rights movement contributed to the evolution in the role of physicians as they relate to patients. An ongoing conversation about the impact of law in shaping medical practice also influenced the current complexion of Bioethics as an area of study. A number of legal cases stand as signposts for critical moments in the history of Bioethics. They mark the changing public perception of the intersection of science, medicine, personal values and law. This seminar explores those cases. The first two weeks of the seminar will include a course orientation and exploration of two cases by the instructor. Each week thereafter will feature a presentation on one or more seminal cases, prepared by one or more students. The second hour of the seminar will be a discussion period that focuses on the cultural impact, legal significance and ethical issues raised by the cases. In addition to a class case presentation and involvement in seminar discussions, each law student will be required to complete a research paper building on material presented during the case presentation. Students should be prepared to choose a topic and presentation date at the first seminar meeting. Guidelines for Class Presentations and papers Each student is required to choose a case and make a class presentation that explores the historical, legal, and ethical context of the case. The rest of the students will prepare for the class by reading the case opinion(s). In the first hour, students should: Present the case in its historical setting, budgeting time to entertain questions during or at the end of the hour. The presentation should highlight critical facts of the case, with particular attention to both facts and arguments that have engendered ethical debate. Describe the responses of commentators (ethicists and other) to the case when it was decided; Note the prevailing norms of that period with reference to the ethical and legal issues in the case—this will require a search of the literature of the period; Be prepared to answer the question: Why is this a paradigm case (or set of cases) in the history of bioethics, in other words, why does this case have enduring significance in ethical and legal debate? Students should plan their seminar presentation by meeting with the Professor well in advance of the scheduled presentation date. Resources: A variety of resources may be used, including journal articles from the legal and medical literature, other cases that preceded and followed it, and contemporary media coverage that will explain the social/cultural reaction to the case. Audio visual aids, including video/audio tapes, slides or overheads may be used to elucidate elements of the case. Depending on the time at which the case occurred and the amount of commentary (of various kinds) it may have generated, each student may use different types of resource material, and may choose a different disciplinary perspective from which to present the case. Research for the presentation should range from popular & professional books and articles that elucidate the case and its impact to information found on the Internet. Students will be expected, as part of the class session, to provide other seminar participants with copies of a detailed outline of their presentation. A bibliograpy (1-2 pages) of sources must accompany the materials. The second hour will involve A discussion with assistance from other students and the Professor, to place the case in the current ethical and legal context. What are the contemporary ethical issues with which the case is now associated? What current cases need to be examined in reference to the â€Å"Great Case?† Where does the debate stand today? What is at stake ethically in the debate and what is your position on the issues? Seminar Paper Each student will be required to write a research paper of significant size and substance on a topic that expands on or relates to the case presented in class. The paper will provide an in-depth exploration of issues raised during the class discussion or in conference with the Professor, and will incorporate reference material discovered during research. The paper should be no less than 25 pages, and should demonstrate familiarity with the scholarly literature in the relevant areas.

The Truth of Obama Care

Obama care 1 The Truth of â€Å"Obama Care† American National Government/ POL201 Nicole Emery Instructor: David Williams Obama Care 2The Truth of â€Å"Obama care† Obama Care is the unofficial name for The Patient Protection and Affordable Care Act which was signed into law on March 23, 2010. In a more general sense Obama Care and the Health Care for America Plan or any such name is a reference to the ongoing health care reform under President Obama. (http://obamacarefacts. com/whatis-obamacare. php) The ACA is landmark legislation designed to increase access to health care coverage for millions of Americans. Wizemann,2011) This legislation represents one of the largest and most comprehensive reforms to the American health care system since the enactment of Medicare and Medicaid in 1965. The ACA seeks to extend coverage to roughly 50 million uninsured Americans, slowing down the growth in the cost of health care, and improving the quality of care health care by chan ging the delivery system. ( Some people who oppose the Act are concerned that it gives the Federal government too much control over personal health care decisions and benefits, forcing a complex one-size-fits-all health system onto the states.Some people who are in favor of the Act want lower health care costs overall by making it affordable for more people. The Patient Protection and Affordable Care Act of 2010 significantly changed health care in the U. S. , making insurance available to 32 million more Americans — a total of 95% of the legal population. The Act, is being phased in over four years. By 2014, every citizen will be required to have health insurance, or face a penalty. However, they can choose how to get coverage.If they already have a plan, either through their employers, Medicaid, Medicare, or privately, they can keep it. Those who can't currently get health insurance will have additional options. They can purchase it from a state-based health insurance excha nge (and possibly get subsidy) or they may be eligible under expanded Medicare guidelines. Obama Care 3 The program is originally designed to add to the federal budget $930 billion dollars.The act was designed to offset the budget by lowering payments to hospitals, Increasing Medicare taxes on higher income households, assessing penalties on employers who don't offer, and individuals who don't take, health care insurance, assessing taxes on various health related activities, and reducing overhead by consolidating the higher education loan program with the Pell Grant program. Although there has been tremendous opposition before; during and after its becoming law, the Supreme Court ruled it was constitutional that all U.S. citizens must purchase health care insurance from a private carrier, or pay a penalty, is for the right for congress to impose a tax. Even with our house of representatives trying numerous times to repeal the law and still keeps getting over ruled. The opposition h as been so great that many Americans think the law has already been repealed. I am sure you are asking yourself what does this mean, when does this come to affect and how does this affect you? Here are the changes that happened in 2010.Medicare beneficiaries who fell into the Medicare Part D Prescription Drug â€Å"donut hole† received a $250 rebate. They received a 50% discount on brand name drugs in 2011 and the doughnut hole are eliminated in 2020. Children were allowed to stay on their parents' health insurance until they turn 26. New private plans were required to cover preventive services with no co-payments, and they are exempt from deductibles. Consumers who applied to new plans have access to an external appeals process if coverage is denied. Insurance ompanies were prohibited from dropping coverage if someone got really sick. They couldn't create lifetime coverage limits. They could no longer deny coverage to children with pre-existing conditions. The same will appl y to adults in 2014. Until then, adults with pre-existing conditions who have been denied coverage will get access to temporary health insurance coverage until the exchanges is set up. These are the changes that happened in 2011Medicare-covered preventative services were Obama Care 4 xempted from deductibles and the co-pay was eliminated. Insurance companies must prove they spent at least 80% of the premium payments on medical services, rather than on things like advertising and executive salaries. Those that didn't were required to provide rebates to policyholders. States were funded to require health insurance companies to submit justification for all rate hikes. Funds were expanded to increase the number of doctors and nurses, and more community health centers — enough to double the number of patients they can treat in the next five years.These are future changes to look forward to. Medical expenses must be at least 10% of income before they are deductible for those under 65. Manufacturers and importers of medical devices will pay a 2. 3% excise tax. Federal funds will increase to allow Medicaid to offer free preventive services, and to extend CHIP for an additional two years. The Federal government will fund states to pay primary care physicians 100% of the Medicare fee. Medicare will start a pilot program to encourage hospitals to bundle services before submitting for payment.Additional taxes will be paid by the 1 million people who make more than $200,000 and the 4 million couples filing jointly who make more than $250,000. Specifically, they would pay 3. 8% Medicare taxes on dividends, capital gains, rent and royalties and 2. 35% (up from 1. 45%) Medicare taxes on income. In 2014, the state-run health exchanges will be set up. Medicaid eligibility will be expanded to include those with incomes up to 133% of the Federal poverty line ($29,000 for a family of four). New subsidies will become available for with incomes up to 400% of the poverty leve l ($88,000 for a family of four).Those who don't purchase insurance will be assessed penalties: 2014 – The greater of $95 or 1% of income. 2015 – $325 or 2% of income. 2016 – $695 or 2. 5% of income. Businesses with 50+ workers must pay $2,000 per worker (except for the first 20) if they don’t offer health insurance. Those that do receive a tax credit of 50% of the premium cost. (Donmoyer, 2012 ) Obama Care 5 References: Wizemann, Theresa.Health Literacy Implications for Health Care Reform: Workshop Summary. Washington, DC, USA: National Academies Press, 2011. p 5. http://site. ebrary. com/lib/ashford/Doc? id=10488622;ppg=19 Copyright  © 2011. National Academies Press. All rights reserved. http://obamacarefacts. com/whatis-obamacare. php The Affordable Care Act Turns Two,Lee Goldberg, Sabiha Zainulbhai, http://www. nasi. org/discuss/2012/03/affordable-care-act-turns-two? gclid=CLOuyv-9vrICFURxQgod3TwALA March 2012 HealthReform. gov, Ryan Donmoyer, â₠¬Å"New Health Care Taxes,† Bloomberg, March 22, 2010) Article