Saturday, August 31, 2019
Penalties for success: Reactions to women who succeed at male gender-typed tasks Essay
Women are subjected to gender-biased evaluations with their performance on male gender-typed tasks often devalued and their competence denied. This result from the inconsistency between stereotypic perceptions of what women is like and the qualities thought necessary to perform a typically male job. The main idea of this article is to demonstrate this phenomenon, to provide insight into why and under what conditions it is likely to occur, and to examine its consequences for how women are evaluated and rewarded in work settings. Key to their argument is the dual nature of gender stereotypes that not only denote differences in how women and men actually are but also denote norms about behaviours that are suitable for each about how women and men should be. Thus behaviours are positively valued for men and typically prohibited for women. Gender stereotypes and the self-fulfilling expectations that they produce prompt bias in evaluations of women. When a woman is acknowledged to have been successful at performing male gender-typed work, her motivation in achievement situations are inhibited by her fear of disapproval for not being feminine. Or there are penalties for women who violate gender-stereotypic prescriptions by being successful are apt to take the form of social censure and personally directed negativity. It states that success can be costly for women in terms of social approval. Competent women for example as compared with competent men have been depicted as cold and undesirable as fellow group and also as severely wanting interpersonally (e.g. bitter, selfish, devious). In their first study, they sought to demonstrate the reactions to women and men on a male gender-typed job when performance on that job was clearly successful rather than ambiguous with regard to performance outcome. They predicted 2 hypothesis:1)In a male gender-typed job, women will be rated as less competent and less achievement oriented than men when information about performance outcome is ambiguous but not when success is clear. 2)In a male gender-typed job, women will be rated as less likable and more interpersonally hostile than men when information about their success isà clear but not when the performance outcome is ambiguousThe result of this study supported those hypotheses. Women were viewed as less competent and characterized as less achievement oriented than men only when there was ambiguity about how successful they had been; when the womens success was made explicit there were no discernible differences in these characterizations. However, when success was made explicit, there was differentiation between women and men in how they were viewed interpersonally hostile. In the second study, the subjects reviewed and evaluated men and women who were all highly successful, but at jobs of different gender types. They expected the following:1)Successful women as compared with successful men will be rated as less likable and more interpersonally hostile when the job is male in gender type but not when it is female or neutral in gender type. The study provided strong support for the hypotheses. So negative reactions to successful women occurred only when the job was male in gender type, but not when it was female or neutral in gender type. Same negative ratings were directed at successful men occupying female gender-typed jobs. But the findings suggest that the failure to act in accordance with gender-stereotypic norms does not uniquely produce social disapproval for men, if it does not the same then for women. The study 3 was focus on the effect of being disliked on how individuals are evaluated and on the types of recommendations made about how they should be treated in work settings. The premise behind this study was that people who are disliked are at a serious disadvantage when evaluations are made and rewards distributed. 1)Information about likability will have a significant effect on overall evaluations and reward recommendations made about both male and female employees regardless of how competent they are. These results suggest that being disliked can have detrimental effects in work settings. The fact that an unlikable individual has a worthy of salaryà increase or promotions was found to be true, regardless of whether the individual is a man or woman. There are many things that lead an individual to be disliked but it is only women, not men, for whom a unique propensity toward dislike is created by success in a nontraditional work situation. That is meaning that success can create an additional impediment to womens upward mobility when they have done all the right things to move ahead in their careers. General discussion on this experiment:Success in traditionally male domains can have deleterious consequences for women. They are less liked and more personally derogated as compared with equivalently successful menNegative feelings about successful women can have serious consequences: affect on evaluations, recommended organizational rewards, including salary and special job opportunitiesWomens success would prompt disapproval only in situations in which the success signalled deviation from behaviour deemed appropriate for them (penalties for success only when the job was a male gender-typed)In none of the three studies, female subjects react differently to the stimulus targets than did male subjectsFinally, success in nontraditional areas is double-edged for women. The price is social rejection taking the form of both dislike and personal derogation, and appears to have definite consequences for evaluation and recommendations about reward allocation. Terms like bitch, ice queen, iron maiden, and dragon lady are invoked to describe women who have successfully climbed the organizational ladder. That provide some insight into why despite their success, high-powered women often tend not to advance to the very top levels of organizations.
Friday, August 30, 2019
The Song and Dance Man
Nicole Leroy Instructor Michelle Hudgens English 250 10 October 2012 The Song and Dance Man I choose the book The Song and Dance Man. This book was one of my favorites as a child. It was written by Karen Ackerman and illustrated by Stephen Gammell. The Song and Dance Man received the Caldecott Medal in 1989. The story is about grandchildren coming to visit their grandparents. The grandpa decided to show his grandchildren his past life as a song and dance man and what people did for entertain long before television. The theme of the story is that family is more important than being famous.He shows them that he appreciates his past but loves the life he currently has. The grandpa shows throughout the story how much he loves and cherishes his time with his grandchildren. He also shares with them his former life as a song and dance man on the vaudeville stage and what people use to do for entertainment. In the attic, the grandchildren see the posters of grandpa from the past realizing th at he was once a famous dancer and entertainer. The underlying message is that it is important to stay young at heart. Grandpa danced away even though he had to cushion the corns on his feet.In the story, the grandpa says, ââ¬Å"I wonder if my tap shoes still fit? â⬠all while he is smiling, knowing that the shoes will still fit. The grandpa shows the children that it is ok to make believe and use your imagination to have a good time by sharing his dancing and magic tricks. The grandchildren get to explore their own creativity by trying on old clothes pretending, singing and dancing their selves. The story is told from the point of view of the grandchildren. You can feel the admiration, respect, and love that they have for their grandfather.As the grandchildren watch their grandpa, they clap their hands and call out ââ¬Å"Yay, Grandpa! â⬠This sets the light-hearted, fun, loving mood and tone of the story. The language used by the narrator is calm, loving, with lots of e xcitement and amazement when grandpa begins to dance and becomes a different person, the song and dance man. The narrator shows his amazement when he says that the sounds coming from the shoes is too many to be made with only two feet. The children see their grandpa as a different person when he becomes the song and dance man.When they travel up the steps to the attic it is like they are going back in time. In the story it says, ââ¬Å"We forget that it is grandpa dancing, and all we can hear is the silvery tap of two feet, and all we can see is song and dance man gliding across a vaudeville stage. Occasionally during his performance, he becomes grandpa again when he tries to cure the hiccups of one of the grandchildren. Then he is back to performing telling jokes and playing tricks. The performance is over, he puts the shoes and clothes back in the trunk and heads for the stairway and he is grandpa again.When the children come back down stairs he whispers, ââ¬Å"He wouldnââ¬â¢t trade a million good days for the days he spends with us. â⬠The silver half-moon tap shoes, top hats, and bow ties all symbolize grandpaââ¬â¢s past as an entertainer before he became a husband, father, and grandfather. The posters still hung in the attic shows his love of the past. When they return down stairs, grandpa glances back up the steps it symbolizes his appreciation and fondness of his past life as a song and dance man. The illustrator used many colors in a light, pastel in nature.The use of light instead of bright colors seems to set the stage for happy, calm, and relaxing setting. Two of the main colors used by the illustrator are red and yellow. These colors give a feeling of warmth, cheerfulness, and excitement. Some of the pictures have a lot of blue. The blue seems to represent the calm, serenity of the setting. The pictures have a lot of texture through the picture marts because they draw with some sort of colored pencils. The use of colored pencils helps a dd to the youthful, light heartedness, and fun of the story. Shading shows is used to show depth and at time darkness at the edge of the lighted areas.The illustrator used of lots of empty space in the pictures to show quiet, serene time. For example, at the beginning of the story, before the children arrived, the illustrations are small and do not take up the whole page. Later in the story when the grandpa is dancing, the pages are full of color and pictures to show excitement, movement of grandpaââ¬â¢s performance. The illustrator used many lines around characters and objects to show that they are moving. He used lots of lines, sometimes in a zig zag form, to show fast quick motions like when grandpa is dancing or tossing objects into the air.He used fewer lines to show slower movements and no lines to show lack of movement. The objects in the picture are random and tilted in places to show the relaxed nature of the environment at the grandparentsââ¬â¢ house. In the end of t he story, the grandpa and grandchildren returned down the stairs, back to present time, where grandma has dinner ready. He hugs his grandchildren showing them that even though he loved his song and dance life, he loves his grandchildren more. He would not trade them for no amount of fame.
Proposal for Development of Petrol Chemical Plant on Jurong Island
Capital input for construction and maintenance of a petrochemical plant is high because of the large amounts of electricity and water id needed to heat up raw materials used in the petrochemical industry from which hydrocarbons are extracted. The main raw materials would be naphtha and kerosene, which are obtained from oil refineries. A highly skill labour force is required to run the advance machinery. Processes In the plant, crackers are used to break up large hydrocarbons in refined oil products like naphtha and gasoline. In the cracker, hydrocarbons heated by steam pass over the hot catalyst powered alumina-silica gel. The catalyst provides a huge surface on which the hydrocarbons break up into smaller more useful hydrocarbons. After crackling, the compounds are separated by fractionation. Some of these compounds are joined with other chemicals. Outputs Processed basic petrochemicals such as ethylene, propylene, butadiene, benzene, isoprene, and xylenes, which are the building blocks for innumerable chemical products spanning the range of the plastic, rubber, and synthetic fiber industries. Information about suitable location The proposed location, Jurong Island, formed by land reclamation to merge seven offshore islands off the southern coast of Singapore (figure1), is a highly integrated world-class petrochemical complex. Their total is home to leading petrochemical companies like Chevron, Sumitomo and Mobil. Figure 1Location of Jurong Island Figure 2Map of Jurong Island [d1]Central to the industry cluster concept and development of Jurong Island as an integrated complex is the sharing of common facilities. These include marine facilities, such as jetties and other berthing facilities; services such as warehousing, waste treatment, fire fighting, medical and emergency response; a common service corridor and infrastructure such as roads and drains. Connected to mainland Singapore by 2.6 kilometre causeway, Jurong Island is only a ten minutes journey form furthest part of Jurong Island to the mainland. There are also bus services plying the entire island. [emailà protected], which is the amenity centre found on the island itself as the community and transportation hub for Jurong Island customers. The amenity centre houses facilities like an air-conditioned food court, an alfresco restaurant, a medical centre, a hardware store and a convenience store. The Chemical Logistics Hub, called Banyan Logistics Hub, is a 80-hectare facility on Jurong Island to serve companies there. It will have berths, jetties and other marine facilities that provide linkage to the chemical plants via the common service corridors. Logistics services like storage tanks, chemical warehouses, tank cleaning, cleaning and maintenance, drumming, and waste treatment facilities will also be available. The Institute of Chemical Engineering Sciences (ICES) which will be situated on Jurong Island and to be is expected to be completed in early 2003. Reasons for Choice of Location There are many key factors for the choice of location. Singapore is well positioned to play a key role in the growth of Asia-Pacific's petrochemical industry with an integrated hub on Jurong Island. Many multinational companies are already enjoying the benefits of locating on Jurong Island. Thus Singapore's Jurong Island would thus be the choice location for the petrochemical plant. Jurong Island was formed by reclaiming the channels between the seven islands in phases, and extending beyond into additional sea space to form one big island. When completed, it will form a land area of about 2,650 hectares from an initial mass of less than 1,000 hectares. This will provide flat land for the building of the plant and also allow future expansion. Also the company will easy access to their customers worldwide, because of Singapore's strategic location, world-class transportation and logistics, telecommunication and IT infrastructure. Singapore also has a highly skilled labour force which are specialized in the field of petrochemisty. Productivity of Singaporean workers are high as they are noted to have good working attitude and aptitude which would positively affect total production and therefore profit. Furthermore there are many regulation patenting to strikes and work stoppages to Singapore thus there would be no worry for decline of productivity because of this. Moveover Chemical Process Technology Centre which will be ready in early 2003 will be situated on Jurong Island, will feature a production plant to provide practical training for students from the polytechnics and technical institutes so as to produce process technicians that are equipped with the latest technical skill sets to complement their academic knowledge, enabling them to meet future challenges of petrochemical industries. The Chemical Logistics Hub located on Jurong Isalnd itself will provide shippoing infractura other marine facilities would provide linkage to the chemical plants via the common service corridors. Logistics services like storage tanks, chemical warehouses, tank cleaning, cleaning and maintenance, drumming, and waste treatment facilities will also be available This will help be facilite transportion thus making it more efficient ans cost efficient . Furthermore it would save start up cost as we would not need in inoccur extear cost in building these facilities. Singapore also offers an extremely pro-business environment. The government is highly supportive of set up of petrochemical plants and offer finacial assistance such as tax incentives,innovation grants and low cost lows which will lower the start up cost. Being a petrochemical hub with 70 companies investing more than S$21 billion in oil refining, petrochemical manufacturing and specialty chemical manufacturing and supporting facilities on Jurong Island. There is a linkage among the companies located in Jurong Island. The oil refinery plants (e.g. Shell), which are also located on Jurong Island, will provide feedstock (e.g. Naphtha) for the petrochemical plant. The plants' outputs (processed petrochemicals) to end-users in the vicinity or to ports to be exported to other neighboring countries in South East Asia. The sitting of the related industries in close proximity results in an invisible network of partnership that connects companies on the island, Jurong Island's vertical integration will save about 25 to 30 per cent off capital outlay and 10 to 15 per cent logistics cost. Furthermore Jurong Island is located along tanker routes and the availability of infacturure such as ports means the plants outputs can be shipped out easily Future plans for Expansion As the number of petrochemical plants are set up, competition from varies companys will increase (Table 1). To maintain competitiveness and to expand, we must firstly maxism the output of the current plant. Ramping of production capacity automation machinery improve procedures Second third shifts Merger and acquisition Extensive reseach into making production more cost and laboour efficentive, R&D work to develop more efficient production procedures ,continusing to improve standards and skiulls of workers Proposal for Development of Wafer Fabrication Plant in Pasir Ris Wafer Fab Park To process bare wafers made locally and distributed its products worldwide Proposal for development of Wafer Fabrication Plant in Pasir Ris Wafer Fab Park Brief Information Input Capital input for Wafer fabrication is high because of the expensive start up cost huge investments with an average direct investment of US$1 billion per fab. Raw material is silicon. LA pool of skilled labour is needed to run machinesry and to manufacture wafer. Enginneres and researchers needed for R&D. High comsumpution of water and electicity. Processes Wafer fabrication refers to the multiple processes that a wafer goes through to become an integratred circuit product. A wafer, usually composed of silicon, is the base material for integrated circuits. Silicon is processed into cylinder shaped ingot and then sliced and polished into mirror-like wafers of uniform thickness. These go through highly precise and complex manufacturing processes such as oxidation, diffusion, thin film deposition, ion implantation, patterning, cleaning and etching. Outputs The finished wafer contains hundreds of chips which go though additional processes to become finished integrated circuit products. These integrated circuits are inputs for electronics and computer industries. Information about suitable location The proposed location, Pasir Ris Wafer Fab Park is located in the eastern region of Singapore, close to the Tampines Regional Centre and the Tampines Wafer Fab Park and served by the Pasir Ris MRT and Tampines Expressway. About 16.2 ha of the 59.1 ha site has been allocated. Industry luminaries have staked their chips here, including United Microelectronics Corporation (UMC), the world's second largest foundry and Systems on Silicon Manufacturing (SSMC). Figure 1Site Map of Pasir Ris Wafer Fab Park The park is fully equppied with specialized infrastructure such as a adequate and uninterrupted supply of electricity and water and a vibration-free environment. The JTC Tampines Dormitory for foreign workers nearby offers 400 units ââ¬â which can house up to 4800 workers to provide convienent and comfarable accommodation for foreign workers. The park is located only a ten minutes drive from the airport. Reasons for Choice of Location Singapore is a world-class electronics hub with global leadership in manufacturing solutions and in the creation and management of new products, applications and markets. The electronics industry in Singapore has the highest output in the manufacturing sector, accounting for 55% (or $70.1 billion) of manufacturing's total output in 2001. Thus the outlook of starting up a wafer fabrication plant in Singapore is promising. The semiconductor industry will be one of the key sectors driving growth in the electronics industry in the future. Its focus will be on integrated circuit (IC) design; wafer fabrication*; and testing and assembly. Singapore, with different economic and resource conditions from its neighbors, undertook reforms and infrastructure development that would make it an attractive location for regional offices of multinational corporations and increasingly high value-added manufacturing. Singapore-based MNCs are given incentives, such as tax and financial incentives and As the industry uses more new and sophisticated equipment and technology and automated manufacturing processes, the new jobs created require skilled workers, that is, workers with post-secondary educational qualifications and above. In 1999, 5,000 jobs were created in the electronics industry, of which 42% were jobs that required skilled workers. To meet the needs of the industry for skilled manpower, the Economic Development Board (EDB) works with the Institutes of Higher Learning (IHLs) and research institutes/centres, to carry out research and implement training programmes. In addition, companies are also encouraged to extend their resources to the IHLs to expose students of the state-of-the-art equipment and technology. One of the largest IT markets ($7.5 billion) in the APAC region. Highly developed business culture. Very open to outsourcing and well established Indian business presence-over 300 Indian business houses and 90,000 NRIs based out of here. Is India's eighth-largest investor with direct equity investments of about $1.3 billion at end-2001. India's investment in Singapore has also grown by 14% over the past decade. Adequte facilites, within wafer fabrication park, company will have advantage of being able to share ideas and information with other companies. Share maintainece and support services and basic amentites such as roads and power. Singapore headquarters of national and international backs. Wafer fabrication very captital intensive, devoplement agencies in Singapore provide financial help, schemes for loans to start up company help to pay for set up coast. In terms of product positioning, Singapore is more innovative and advanced. Its lands, infrastructure and facilities for wafer fab are all allocated in a certain area so companies can actually start working upon moving in to the building in either of the three wafer fab parks. However, when it comes to living environment, Singapore excels: It has no crime to speak of, offers excellent transportation and telecommunications infrastructure, has high-quality English-language schooling, and is generally a more ââ¬Å"westernizedâ⬠environment for overseas skilled workers. As testament to that, you'll find Germans, Japanese, Koreans, Americans, Taiwanese and mainland Chinese all working in Singapore's semiconductor sector.Good for foreign talent ie Italian and French. Excellt airport, near airport efficient exporting of wafers worldwide. Pasir Ris has industry luminaries United Microelectronics Corporation (UMC), the world's second largest foundry chance of working with large company. Future plans for expansion Is the heart of Southeast Asia and ideal for tapping into closer markets like China, Malaysia, and Australia. APAC headquarters of most MNCs based out of here. Big business opportunity in that sector.But base stioll in Singapore. Carry out R&D work to develop new, more sophisticated value-added products and more efficient methods of production in fields of wafer fabrication. Turn more to mechanization and automationm to achieve higher productivity. Set up wafer fabrication plants overseas in countries with lower labour cost such as Taiwan and China while still having hq in Singapore. Mus t be commited to carrying out product development and manufacturing actieveities in Singapore. Make Singapore base for manufacturing wafers and headquaters services to satellite factoris in the region go into partnership with EDB inrisk-sharing partnerhip to invest in overseas projects. Company to retrain worker to equip themselves with cerfiable and critical high-end skills needed by in production of wafer fabrication, obtain grants from Skills development fund to send employees for critical skills training.
Thursday, August 29, 2019
Understanding the learning process Assignment Example | Topics and Well Written Essays - 2000 words
Understanding the learning process - Assignment Example Not being able to explain what one has learnt is a show of the lowest form of understanding. Application on the other hand is ability to put into practical use, the knowledge that an individual possesses. It could be the application of laws, principles or theories. Analysis is the display of oneââ¬â¢s ability to set apart the structural parts of a given material in such a way that it can be clearly comprehended. In the analytical process, the purpose of each part has to be defined and the relationship between the individual segments explained. Synthesis lays emphasis on creativity which is the ability to put different parts of ideas to formulate new material. It trickles down to the communication and presentation of this new material. 1Evaluation is a process through which the worth of a material be it a report or a This segment addresses the learnerââ¬â¢s emotions in relation to his/her learning experiences. The emotions could be in the form of the learnerââ¬â¢s: attitude, awareness or interest in the subject matter. The emotions depend on how the learner receives the information and their willingness to participate. The involvement level is reliant on the learnerââ¬â¢s compliance. Valuing of the learned material occurs when the learner can relate to the information given. Valuing is the aspect that enables the student to solve problems that may arise in a real life situation. Organization refers to a studentââ¬â¢s ability to balance values and emotions. For example: enjoying liberties in a responsible manner. If the student is able to internalise the learnt values, then he/she can work independently at a professional level. 2 This domain is based on physical activities, harmonisation and use of motor skills. It dwells on precision, techniques and timing. Perception is a skill that involves the interpretation of non-verbal cues like in the case of an ambulance driver in an
Wednesday, August 28, 2019
Personal Professional Development Essay Example | Topics and Well Written Essays - 4500 words
Personal Professional Development - Essay Example Correspondingly, my linguistic skills have enhanced my abilities to handle the linguistic labours. With enhanced experiences and skills, I am able to handle difficult issues that are likely to arise during my course of operation. My previous experiences gained from different courses in my career and educational life has enhanced my qualities to learn from operations and work with team. Psychometric test enhances the ability to measures my skills and even provides me with a guided framework to identify my major weaknesses. The scores attained from the psychometric tests have assisted in identifying my skill sets and develop the same. Furthermore, the psychometric tests that I have undergone have enhanced my skills to work out my weaknesses and develop my ability to meet with the changing needs of the present professional environment (Jenkins, 2001). The psychometric analysis of the tests I have undergone reflects that I have a high score on the index. This even reflects that I have a greater accuracy towards understanding a problem. The verbal score I have achieved is 97 percentile, which depicts that I have a good communication skill. In addition, the verbal score signifies that I have the ability to communicate effectively as compared to others. With the overall assessments of the different tests, I have identified to possess satisfactory level of innovativeness. I can think critically and develop my abilities to meet with a given problem in an efficient manner. I can even effectively develop an accurate understanding of the different problems by justifying the factors related to the problems witnessed. Furthermore, with an increased ability to efficiently handle and develop well-presented communication ability, I am able to develop a better interpersonal relationship and even prevent situations of conflicts. The added advantage that I have obtained from the test is my literacy rate that is even likely to enhance my ability to cater
Tuesday, August 27, 2019
Five-Year Career Development Plan Research Proposal
Five-Year Career Development Plan - Research Proposal Example I will know more as I investigate this opportunity. I intend to find a specific career and then look into what I need to do to augment the skills I have learned in my business classes. I know that I will need to go to a Chamber of Commerce or a specific program that can give me information on small business development. I will need to develop the skills of an entrepreneur which means I will need to work well on my own and be motivated to do the work that I love to do. Brown (2007) suggests that there are seven areas that an entrepreneur must have or must hire someone to do for them. These seven skills include: marketing and sales, customer service, human resources, accounting and finance, administration, worth the effort and operations and production. I have some skills in several of these areas and would hire out my needs in other areas. As an example, I would not do well with my own accounting and finance because I do not like numbers and my math is not strong. I would hire an accountant to help in this area. I will learn more abou t Internet marketing because I believe that this is the way that most businesses achieve greatness when they are small. I will investigate this area more and use social networking to further my marketing needs. Whether I have a product or a service I am certain that I can find the information I need about how to turn my business into a profit using the Internet. I have explored the Myers Briggs Type Indicator (MBTI) to find out information about my personality and how it relates to my skills. I found out that I am an Introverted Sensing Thinking Judger (INTJ). This means that I have several things in my current abilities that will work with my interests and beliefs. I am receiving my Bachelors Degree in business and I now I will need other training but I am not sure in what subjects yet. I have a high school diploma and I have attended a few other classes. Business has always interested me and to have my own business is
Monday, August 26, 2019
Research Case Study Example | Topics and Well Written Essays - 500 words
Research - Case Study Example (Baer, 34) Implementing a fixed exchange rate in Brazil is not a plausible concept because the value of the currency is constantly decreasing with the constant flooding of the currency in the market. The availability of the currency has prompted the currency to continuously lose its value, hence the increase in inflation (Taylor, 76). The same strategy (of using a fixed system) was applied in Zimbabwe, but the country succumbed to the harsh nature of inflation, this led to the country disregarding the local currency and using US Dollars instead. The URV or Unidade Real de Valor is a currency that is used in Brazil that is not subjected to the effects of inflation in Brazil. The aim was to absorb the effects of inflation in the country. The Brazil government implemented a fixed exchange rate for the URV to the Dollar (1 URV = 1 USD). However, the main problem was the fact that obtaining the URV was expensive as compared to using cruzerios reais, which is widely used in Brazil (1 URV = CR$ 2,750). The demand for the URV has only served to increase the exchange rate, and it is playing its part in the inflation that has plagued Brazil. (Blanchard, 54) Implementing a free-floating exchange rate will allow the currency to trade based on the conditions and regulations that are implemented in the market. The advantage is that the exchange rate will be stabilized by these market forces hence serve to regulate the exchange in the best interest of the market. However, the major disadvantage is that, excess freedom in the market, may encourage cartels to manipulate the exchange rate to their advantage, which may inconvenience other players in the market. Implementing both fixed and free-floating exchange rate mechanisms would be the ideal setting for the market. There should be freedom in the market that will allow the market to determine the suitable exchange rate for the operations of the market (Lagassa, 98). The
Sunday, August 25, 2019
Antibiotics Research Paper Example | Topics and Well Written Essays - 750 words
Antibiotics - Research Paper Example About eighty percent of all antibiotics available are used in agriculture, for the purpose of fighting infections and for promoting unhealthy but profitable weight gain. According to the Ontario Ministry of Agriculture, Food, and Rural affairs, on-going low-dose administration of antibiotics can increase the efficiency and rate of weight gain in healthy livestock. Further, it is likely that the presence of antibiotics may change the composition of the gut flora in favor of healthy growth. However, there is a debate concerning the way in which gut flora are changed. It may be merely a change in species composition, reduction in numbers, or a combination of both. Some antibiotics given to healthy livestock may also improve feed consumption and healthy growing by stimulating an animalââ¬â¢s metabolic process. Jill U. Adams of the Los Angeles Times argues that many ranchers and farmers give tetracycline, penicillin and other antibiotics to healthy animals to avoid them from being sick . They also grow big after they use the antibiotics (Adams, 2012) Raising healthier animals can be unhealthful for humans. Experts recently reviewed most of the scientific writings on the subject of the use of antibiotics in animals and the health hazards in humans. They concluded that, the extent to which antibiotics in livestock use contributes to antibiotic resistance in bacteria that cause food borne diseases in humans is unclear. The experts asserted that wide scientific studies affirm that individuals are most probable to get resistant illnesses due to their own use of antibiotics. Concerning food borne infections, luckily, for most healthy persons, majority of food borne infections including those brought by resistant bacteria, are not extremely severe to require antibiotic treatment (Chiras, 2005). Nonetheless, to help limit potential risks, the Food and Drug Administration policies include a procedure to establish if using a certain antibiotic can increase resistance risk. FDA also enforces that if deemed suitable, conditions for the prescription of the antibiotic would hinder resistance development. However, meat consumers should always adhere to recommendations to avert the occurrence of food borne illnesses, such as thorough cleaning of food preparation regions, frequent hand washing, and cooking foods, especially meat to recommended temperatures. Overuse and misuse of antibiotics may create selective evolutionary pressure that favors antimicrobial resistant types of bacteria to increase quickly than antimicrobial vulnerable bacteria. This increases the chance for people to be infected by resistant bacteria. Since antibacterial drug use contributes to the growth of drug resistant organisms, these vital drugs should be utilized judiciously in both human and animal medicine to slow down the emergence of resistance. Meat from animals treated with antibiotics is the main source of pathogens in humans that are resistant to antibiotics. This is evidenced when the author writes that for about 40 years, FDA has been concerned that the use of antibiotics in livestock may be accelerating the increase of pathogens in humans that are not susceptible to doctorââ¬â¢s medication. In addition, he mentions that people infected with antibiotic resistant bacteria or pathogens seem to be more seriously ill and are not easy to treat (Adams, 2012). Pathogens that are resistant to antibiotic accounts for approximately $20 or more billion healthcare expenses in the United States yearly, inclusive of longer
Saturday, August 24, 2019
Final Essay Example | Topics and Well Written Essays - 1000 words - 15
Final - Essay Example The word antique has been outlined by the poet to differentiate between those who donââ¬â¢t believe and those who believe (Dickson, 2591). The bible for example has been utilized to alienate the non believers and the believers. The deeply held conviction among the believers is seen not to have any bearings. The believers who are less in numbers are trying to find God by finding out that relationship that existed between him and the people who lived long time ago as presented by the bible. The poet acknowledges that those looking for Godââ¬â¢s guidance through the bible posses a relationship that is second hand to the loving and deeply personal God. Many of the boys who donââ¬â¢t believe tend to reject God because they believe that he is impersonal and outdated. She claims that the problem lies with the type of presentation that exists. The use of the word warble is however interesting. Calling song bird images to mind is a subtle nod aimed at bringing out her confidence in connection to the almighty God. She asserts that the people should be used to condemn people but has to lead them toward improving their relationships with the almighty God. She utilizes the poem in educating the youths and young men to seek God through studying the bible. She also advices preachers to avoid condemning the young men through use the bible. She uses the word; it didnââ¬â¢t condemn referring to the bible as the word of God (Dickson, 2591). Emily Dickson is seen to support the pagan and to criticize and make a mockery of God in most of her poems. The antireligious tone in most of her poems has been avoided in literature studies to paint a better picture to the society. The poet has used the bible as a mean of ensuring her message is able to reach the people. The term boys are symbolic and have been used to refer the many the people in the world. Dickson is easily appreciated and
Friday, August 23, 2019
The African American Term. Or Discrimination Essay
The African American Term. Or Discrimination - Essay Example His demand that he should be considered an African-American because he is an African and an American citizen sounds genuine at first glace. But Swarn reveals the issues related to such a proposition from the perspective of those who oppose it. The fact that Colin Powell, the son of Jamaican parents, and Barack Obama, the son of a Kenyan father and an African mother, have reached the pinnacles of US politics explains how the African immigrants have become an integral part of the black community. However, it remains to be seen whether the essentialist African-Americans would identify with them in all spheres. Mr. Alan Keyes, Obamaââ¬â¢s Republican challenger for the Senate seat in Illinois had questioned Obamaââ¬â¢s claim to be an African-American, stating that he lacks the consciousness that was formed by a heritage of slavery that the ancestors of African-Americans had gone through. Though Obama and Powell prefer to call themselves African-American, many of the children of Afri can Immigrants just prefer the term African, or Jamaican-African or Nigerian-African, depending on the places of their origin. Some others prefer the more generic term ââ¬Ëblackââ¬â¢ for their identity. Bobby Austin, who opposes the African immigrants being integrated to the category of African-Americans, explains that some people feared that ââ¬Å"black immigrants and their children would snatch up the hard-won opportunities made possible by the civil rights movementâ⬠. Several surveys support this view, indicating that the children of black immigrants are making use of educational and employment opportunities in a greater number than African-Americans. Dr.Austin affirms that the suffering of the African-Americans that have lasted many decades is not at alleviated with the help of the civil rights movement, because the black immigrants pose a threat and hindrance to their social and cultural development. Mr. Obamaââ¬â¢s view is that the African
Thursday, August 22, 2019
Kant's Miscarriage of All Philosophical Trials in Theodicy Essay
Kant's Miscarriage of All Philosophical Trials in Theodicy - Essay Example This paper presents a critique of the Miscarriage of All Philosophical Trials in Theodicy. In his essay, Kant starts by stating that the occurrence of sin on earth disrupts three main attributes of an almighty God.à Kent questions all efforts to think against the question of evil in the essay. In this essay he looks at the holiness of God, secondly, he looks at Godââ¬â¢s goodness as a ruler, and God as a judge. These are the major questions in this essay. In the essay, he argued that great intelligence could not be comprehended by an individualââ¬â¢s thought because he perceives it to be higher (Firestone and Palmquist, 2006). According to him, he was right because an individual cannot comprehend supersensible objects within the environment (Firestone and Palmquist, 2006). à From the essay, this cannot be said to be a justification. Therefore, individuals cannot justify God, and they need to understand that thought cannot give accurate responses to Godââ¬â¢s justifications.In the essay, there is nothing as counter-purposiveness, which are individual laws that violet human rights. An individual cannot stand for the truth he or she says. However, an individual must always stand for the truth of Godââ¬â¢s holiness. Itââ¬â¢s this holiness that guides an individualââ¬â¢s consciousness.à à In his essay, Kant claims that a human being is only good so long as he or she stays away from sins and deception, or any form of individual deception. He used this thought following individual consciences, because when one behaves without sin he, or she is a good individual. This is challenging because it does not answer the question of holiness. Kant only talks about an individual tendency to deception, and not an individualââ¬â¢s pure reason.Ã
Born in the Usa Essay Example for Free
Born in the Usa Essay The song deals with the effects of the Vietnam War on Americans that can be depicted after going through the wordings of the song. The song is often misinterpreted as a patriotic song as the starting lines and the body of song resembles so. The song was initially written in 1981. It served as a title song for the film maker Paul Schrader. The song became so popular that Springsteen used it for his multi-platinum album. During his concerts, the crowd used to enjoy a lot with national flags. The song was treated as a patriotic song. People were generally not focusing on the wordings in the song. The song tries to show up the cultural diversity been faced by the people who had experienced Vietnam War. It is a tribute to Springsteenââ¬â¢s friends who were involved in the war. Some of them did not come back. These people tried to get fitted in Vietnam, but they found themselves unsuccessful. When they came back, they faced too much of hardships. The songs narrative traces the victimsââ¬â¢ working-class origins, induction into the armed forces, and disaffected return back to the States. An anguished lyrical interlude is even more jolting, describing the fate of the writerââ¬â¢s brother (in some recordings or live shows, the word brother is replaced with buddy): ââ¬Å"I had a brother at Khe Sanh Fighting off the Viet Cong Theyre still there, hes all gone He had a woman he loved in Saigon I got a picture of him in her arms nowâ⬠Springsteen is talking about the country that he was born into, raised in, touted as the greatest in the world. He is talking about it in context to the Vietnam War. The character in the song has a brother and a lover of his brother, both whom are killed during this meaningless conflict. Down in the shadow of the penitentiary Out by the gas fires of the refinery Im ten years burning down the road Nowhere to run, aint got nowhere to go The above lines show that these vets are living dead-end lives with little or no positive change in their future. Even the line where he talks about the woman and his brother Theyre long gone, shows that some people really did not pay any attention to the people returning from Vietnam. The North Vietnamese Army was involved in the Battle of Khe Sanh, not the National Front for the Liberation of South Vietnam (the Viet Cong) heard in the song lyrics. Eventually the Americans prevailed and broke the siege, only to withdraw from the outpost a couple of months later. Khe Sanh thus became one of the media symbols of the futility of the whole war effort in the States. Some of the scholars writing in the journal American Quarterly explored the song as a grievance for the embattled working-class identity. Deeply analyzing the unspoken feel behind the song, it can be noted that the anthem chorus contrasts with the desperate narrative, a tension which informs an understanding of the songs overall meaning: the nationalist chorus continuously overwhelms the desperation and sacrifice passed on in the verses. The imagery of the Vietnam War could be read as metaphor for the social and economic siege of American blue-collar communities at large, and that lyrics discussing economic devastation are likely symbolic for the effect of blind nationalism upon the working-class. The song as a whole, express grief on the destabilization of the economics and politics protecting the industrial working class in the 1970s and early 1980s, leaving only a deafening but hollow national pride. In attaining the hollow national pride, the miseries of War affected people were neglected. The writer clearly describes his frustration regarding the negligence given to a particular culture. He says about non-acceptance of the culture by their own people. He is not saying that the group he is addressing is not capable of meeting challenges of the culture, but the culture was not accepting those people in their ethnic group. Ultimately those people were left alone in their own society and the society didnââ¬â¢t bo ther about them.
Wednesday, August 21, 2019
Corporate governance and firm performance
Corporate governance and firm performance Introduction Corporate governance is concerned with the process and structures through which members interested in the overall well being of the firm take measures to protect the interests of the stakeholders. (Ehikioya, 2009). Corporate governance generally refers to the external rules and regulations and internal system that are designed to minimize agency problem and is the system by which companies are directed and controlled (Cadbury 1992, Cited in Lam and Lee, 2008) Good Corporate governance is centered on the principles of accountability, transparency, fairness and responsibility in the management of the firm. (Ehikioya, 2009). Accountability comes from both within and outside the company. Responsible management works entirely in the interests of the owners. Board composition plays an important role in keeping the company transparent in its affairs. Board structure is important to keep the interests of management and owners aligned (Byrnes et 2003, cited in Ehikioya, 2009). The institution of corporate governance in a firm is an attempt to ensure the separation of ownership and control, and this often results in Principal-Agent problems (Byrnes et 2003, cited in Ehikioya, 2009). Managers always have incentives to misuse a firms assets by undertaking projects that benefit themselves more personally but its impact on shareholder wealth works adversely (Jensen and Meckling, 1976; Fama and Jensen, 1983; cited in Brown and Caylor, 2004) and same goes with (Shleifer and Vishny, 1997) Researchers have mixed opinion in Principal-Agent problem. According to (Jensen and Mecklings 1976 cited in Lia,Wang and Deng, 2009) managerial agency costs always increase with the separation of ownership and management. Managers, as the agents of shareholders, are inclined to waste the corporate resources to satisfy their exploitative purposes. In contrast, stewardship theorists counter-argue that managers are inherently trustworthy and are good stewards of company resource (Donaldson, 1990 cited in Lam and Lee, 2008). Central to the boards effectiveness is the question of board structure (size and independence). In addition to board size, board independence should also have an impact on firm value and performance. Inside directors provide firm and project specific knowledge that assists the board in understanding the detailed aspects of the firms business. In contrast, outside (or independent) directors contribute expertise and objectivity that ostensibly mitigates managerial entrenchment and expropriation of firm resources (Bhagat and Black, 2002). The governance literature generally suggests that as boards become increasingly independent of managers, their monitoring effectiveness increases thereby decreasing managerial opportunism and enhancing firm performance. (Harforda, Mansib, and Maxwellc, 2006). Gov-Score is used in different researches to assess the governance and firm performance has been used with 51 factors (Brown and Caylor, 2004) or less i.e. 37 (Nishat and Shaheeen, 2005). This paper will use the GOV-SCORE with 38 factors and including new factor i.e. more than one family member on board The paper proceeds as follows: Section II is the Literature review, Section III will discuss rationale of study, Section IV will include theoretical framework, Section V hypotheses development and theoretical background, Section VI data and methodology, Section VII sample, instrument and structure of instrument, Section VIII Work cited and then Appendix. Literature Review: Corporate governance is the process and structure through which a firms business and affairs are managed by enhancing business prosperity and corporate accountability with the ultimate objective of enhancing shareholders wealth (Mir and Nishat, 2004). A well defined and functioning corporate system helps a firm to attract investment, raise funds, and strengthen the foundation for firm performance and good corporate governance shields a firm from vulnerability to future financial distress (Ehikioya, 2009). Effective corporate governance minimizes control rights of stockholders and their creditors to give on managers and increasing the probability that managers should invest in positive net present value projects for the firm gain (Shleifer and Vishny, 1997). Prior studies have predominantly focused on US companies, while those are related to Asian countries are rather few (Kiel and Nicholson, 2003 Cited in Lam and Lee, 2008). The notion that corporate governance affects positively corporate performance is based on the fact that management in shareholder-friendly firms, in making corporate decisions, do what shareholders themselves would have done, had they been in charge of corporate decisions ( Kanellos and George, 2007). It was found (Ehikioya, 2009) that where the CEO also acted as chairperson and more than one family member had a place on the board of directors this had an adverse effect on firm performance. Corporations can be said like a republic. The major and highest level of authority is stockholder (Owners). These voters have the right to vote and elect their representatives which serve as directors, who delegate their most of their power to bureaucrats (managers). As in any form of government (republic), the real power-sharing depends upon the set of rules called governance. On one extreme, which is inclined toward a democracy, have little power for management and enable stockholders to immediately and easily replace directors of the company. On the other hand, it is vice versa to the democracy (Gomper, Ishii, Metrick, 2003). CEO duality is another concern in corporate governance. In USA 70-80% of them combined the roles of CEO and Chairperson. (Rechner and Dalton, 1991; Rhoades et al, 2001, Cited in Lam and Lee, 2008). However the prevalent corporate governance practice in Europe separates the CEO and chairperson (Coles et al 2001; Higgs, 2003; Zardkhoohi, 2005, Cited in Lam and Lee, 2008). This Duality position places CEO in powerful position of managing the operations of the firm and also overseeing the direction the firm will take into the future (Petra and Dorata, 2008). It is often alleged that boards of directors are more independent as the proportion of their outside director increases (Jhon and Senbet 1998, Cited in Brown and Caylor, 2004). Strong positive relationship between the portion of independent directors on the board and profitability ratios in continental Europe countries (Krivogorsky 2006, Cited in Li, Wand and Deng, 2008). A higher proportion of the independent directors may lead to lower probability of financial distress (Li, Wang, Deng, 2008). However, there is no relation between the proportion of outsider directors and various performance measures (i.e., SGA expenses, sales, number of employees, and return on equity) (Fosberg 1989, Cited in BRown and Caylor, 2004). and (Bhagat and Black, 2002) find no linkage between the proportion of outside director and Tobins Q, ROE, asset turnover and stock returns. Thus the relationship between the proportion of outside directors, a proxy for board independence, and firm performance is mixed (Brown and Caylor, 2004). Researchers (Gomper, Ishii, Metrick, 2003) and (Bebchuk, Cohen, Ferrell, 2004) showed in their studies that with stronger stockholder rights have higher Tobins Q, their proxy for firm value, suggesting that better-governed firms are more valuable our second measure of firm performance. Most of the empirical work for exploring possible relationship between corporate governance and firm performance is done for single jurisdiction. For US Firms a broad measure of Corporate Governance Gov-Score is prepared by (Brown and Caylor, 2004)with 51 factors, 8 sub categories for 2327 firms based on dataset of Institutional Shareholder Service (ISS). Their findings indicate that better governed firms are relatively more profitable, more valuable and pay more cash to their shareholders. (Gomper, Ishii, Metrick, 2003) Earlier (Mir and Nishat, 2004) empirically tested the relationship between the structure of corporate governance and firm performance in Pakistan, and (Nishat and Shaheeen, 2005). Mir and Nishats study included a different set of performance parameters which include ROE, net profit margin, sales growth, Tobins Q and dividend yield. Moreover (Mir and Nishat, 2004) used secondary data from the annual statements. While (Nishat and Shaheeen, 2005) study was based on secondary as well as on primary survey of different companies listed with Karachi Stock Exchange (KSE). This study is different to (Nishat and Shaheeen, 2005) as it extends the GOV-Score factor to 38 by adding the More than family members on the board to (Nishat and Shaheeen, 2005)s study which was 37 factors. Rationale: As the global debate on corporate governance heats, the importance of this topic to any country-particularly any developing country-cannot be ignored. Being one of the important countries of South Asia, with immense trading potential and ideal geopolitical location, Pakistan has proactively pursued various policy reforms to stimulate its economic activity, in recent years (Mehwish Mumtaz, 2005). Pakistan stock market is one of the leading emerging markets in the world. It has gone through series of reforms and structural changes since 1991 (Nishat and Shaheeen, 2005). Financial reforms during 1990s have influenced the pattern of capital structure, dividend policy and compliances to corporate governance (Nishat, 1999 Cited in Nishat and Shaheen, 2005). Better Corporate Governance is supposed to lead to better corporate performance by preventing expropriation of controlling shareholder and ensuring better decision-making (Nishat and Shaheeen, 2005), (Shleifer and Vishny, 1997). Most of the research in the area of corporate governance is done for developed economies, as rich data is only available for these economies where active market for corporate control exists and the ownership concentration is low (Bohren and Odegaard 2001, Cited in Shaheen and Nishat, 2005). This study will fill the gap by analyzing the relationship between corporate governance and firm performance for the firms as previous studies lack a factor in GOV-SCORE i.e. more than one family member on board while measuring level of governance. As this variable was found very first time by Benjamin Ehikioya as in his study (Ehikioya, 2009). Theoretical Framework: Hypotheses and Theoretical Background: According to above mentioned literature following hypotheses are formed. H1: Better-governed firms have better operating performance Better and effective corporate governance minimizes the control rights of both stockholders and creditors confer on managers which increases the probability that managers will invest in positive NPV projects (Shleifer and Vishny, 1997) leading it to better operating performance, which is our first proxy to firm performance H2: Better-governed firms are more valuable (Gomper, Ishii, Metrick, 2003) and (Bebchuk, Cohen, Ferrell, 2004) show that firms with stronger stockholder rights have higher Tobins Q which is the proxy of firm value and suggest that better governed firms are more valuable which is second proxy for firm performance. H3: Better-governed firms pay more cash to stockholders Firms with smaller dividend payout have low earning growth, suggesting that better-governed firms payout more cash to stockholders, which our third proxy to firm performance (Arnott and Asness 2003, Cited in Nishat and Shaheen, 2005). Data and Methodology: Gov-Score will be used to measure the strength of a firm governance on the patterns of (Brown and Caylor, 2004), (Nishat and Shaheeen, 2005) and (Y Attiya and R Iqbal, 2007). Computation of Gov-Score for 20 firms using data obtained from annual reports. The primary data will be collected through questionnaire containing 38 factors as either 0 ot 1depending on whether the firms governance standards. Then sum of each 38 binary variables to derive GOV-Score. This paper consider four performance measures spread across three categories: operating performance, valuation and shareholder payout. This paper selects two operating measures i.e. ROE and profit margin. One valuation measure i..e. Tobins Q and single measure of stockholder payout i.e. dividend yield. This paper adopts methodology used by (Nishat and Shaheeen, 2005) which involves two types of cross-sectional analyses. Firstly, correlation between Gov- Score with each industry-adjusted fundamental variable using Pearson and Spearman correlations. Then order Gov-Scores from highest to lowest (i.e., from best to worst governance), and analyze if firm performance differs in the extreme governance deciles. Next to assess which categories and factors are associated with expected/unexpected (good/bad) performance, we correlate the four performance measures with seven governance categories and 38 governance factors. Sample and Instrument: The sample size will be 20 firms listed in Karachi Sock Exchange. Convenience sampling technique will be used. A structured questionnaire will used containing 38 factors of governance spread across seven categories Works Cited Kanellos and George. (2007). Corporate Governance and Firm Performance: Results from Greek Firms. Arnott and Asness 2003, Cited in Nishat and Shaheen. (2005). Corpoirate Governance and firm performance AN exploratory Analysis. Bebchuk, Cohen, Ferrell. (2004). What matters in Corporate Governance. Bhagat and Black. (2002). The Non-orrelation Between Board Independence and Long Term Firm Performance. Journal of Corporation Law , 231-274. Bohren and Odegaard 2001, Cited in Shaheen and Nishat. (2005). Corpoirate Governance and firm performance AN exploratory Analysis. Brown and Caylor. (2004). Corporate Governance and Firm Performance. Byrnes et 2003, cited in Ehikioya. (2009). Corporate governace structure and firm performance in developing economies: evidence from nigeria. Cadbury 1992, Cited in Lee, Tin Yan Lam and Shu Kam. (2008). Chief executive officer duality and firm performance: Hong Kong. Corporate Governnace , 299-315. Coles et al 2001; Higgs, 2003; Zardkhoohi, 2005, Cited in Lam and Lee. (2008). Chief executive officer duality and firm performance: Hong Kong. Corporate Governnace , 299-315. Donaldson, 1990 cited in Lam and Lee. (2008). Chief executive officer duality and firm performance: Hong Kong. Corporate Governnace , 299-315. Ehikioya, B. I. (2009). Corporate governace structure and firm performance in developing economies: evidence from nigeria. Corporate Governance Vol. 9 No. 3 , 231-243. Fosberg 1989, Cited in BRown and Caylor. (2004). Corporate Governance and Firm Performance. Gomper, Ishii, Metrick. (2003). CORPORATE GOVERNANCE AND EQUITY PRICES. Harforda, Mansib, and Maxwellc. (2006). Corporate Governance and Firm Cash Holdings. Jensen and Meckling, 1976; Fama and Jensen, 1983; cited in Brown and Caylor. (2004). Corporate Governance. Jensen and Mecklings 1976 cited in Lia,Wang and Deng. (2009). Iindependent directors, Ownership agency costs and financial distress: evidence from chinese companiess. Corporate governance , 622-636. Jhon and Senbet 1998, Cited in Brown and Caylor. (2004). Corporate Governance and Firm Performance. Kiel and Nicholson, 2003 Cited in Lam and Lee. (2008). Chief executive officer duality and firm performance: Hong Kong. Corporate Governnace , 299-315. Krivogorsky 2006, Cited in Li, Wand and Deng. (2008). Iindependent directors, Ownership agency costs and financial distress: evidence from chinese companiess Mehwish Mumtaz. (2005). Corporate GovernanceAdopt or Adapt. Dissertation, Judge institute of Management Sciences, University of Cambridge Research. Mir and Nishat. (2004). CORPORATE GOVERNANCE STRUCTURE AND FIRM PERFORMANCE IN PAKISTAN- AN EMPIRICAL STUDY. Nishat and Shaheeen. (2005). Corpoirate Governance and firm performance AN exploratory Analysis. Nishat, 1999 Cited in Nishat and Shaheen. (2005). Corpoirate Governance and firm performance AN exploratory Analysis. Petra and Dorata. (2008). Corporate Governance CEO compensation. Corporate Governance , 141-152. Rechner and Dalton, 1991; Rhoades et al, 2001, Cited in Lam and Lee. (2008). Chief executive officer duality and firm performance: Hong Kong. Corporate Governnace , 299-315. Shleifer and Vishny. (1997). Asurvey of Corporate Governance. NBER Working Paper 5554. Y Attiya and R Iqbal. (2007). Relationship between corporate governance and its Indicators and firm value: A case study of KSE
Tuesday, August 20, 2019
The Fight for Sanity in The Yellow Wallpaper -- Yellow Wallpaper essay
The Fight for Sanity in The Yellow Wallpaper à à à à à à Charlotte Perkins Gilman's The Yellow Wallpaper is partly autobiographical and it illustrates the fight for selfhood by a women in an oppressed and oppressive environment.à In the story, the narrator is not allowed to write or think, basically becoming more dysfunctional as she is entrapped in a former nursery room where bars adorn the windows and the bed is nailed to the floor.à In this story there is an obstinacy on behalf of the narrator as she tries to go around her husband's and physician's restrictions, however, there is no resisting the oppressive nature of her environment and she finally surrenders to madness even though it represents some kind of selfhood and resistance because it allows her to escape her oppression, "She obsesses about the yellow wallpaper, in which she sees frightful patterns and an imprisoned female figure trying to emerge.à The narrator finally escapes from her controlling husband and the intolerable confines of her existenc e by a final descent into insanity as she peels the wallpaper off and bars her husband from the room" (Gilman, 1999, 1). à Gilman herself suffered from post-partum hysteria and was treated by a famous doctor of the era, one who prescribed his famous "rest cure", the same cure the female narrator cannot tolerate and defies in The Yellow Wallpaper.à In this story the narrator remains nameless and there is good reason for it.à She feels as if she has no identity or control over obtaining fulfillment and unity and satisfaction in life.à Her husband is a doctor who also prescribes complete rest for her and is opposed to her doing the one thing that seems to give her a unique voice, writing.à Thus, the narrator defies her... ...ation of the personality)" (Brown, 1999, 1).à Gilman shows how this descent is inevitable in such an oppressive environment, unless, of course, one is as strong as Gilman herself in overcoming such an environment.à à Works Cited The Yellow Wallpaper. http://members.aol.com/luvthebard/111/yellowwallpaper.html, Aug. 2, 1999, 1-2. Brown, B. D.à A Psychological Approach to Charlotte Perkins Gilman's The Yellow Wallpaper. http://www.usinternet.com/users/bdbourn/yellow.htm, Aug. 2, 1999, 1-2. Dewey, J.à Art and Education: A Collection of Essays.à Pennsylvania, The Barnes Foundation Press, 1954. Gilman, C. P.à Charlotte Perkins Gilman Reader.à New York, Pantheon Books, 1980. Gilman, C. P. Charlotte Perkins Gilman:à The Yellow Wallpaper. http://endeavor.med.nyu.edu/lit-med/lit-med-db/webdocs/webdescrips/gilman87-des-.html, Aug. 2, 1999, 1-2. Ã
Monday, August 19, 2019
Belle Boyd Newspaper Obituary :: American History Civil War
Yesterday, June 11, 1900, we lost Belle Boyd, one of the most heroic ladies of the Civil War. This famous Confederate spy has died after a cardiac arrest at age 56, while on tour in Kilbourne City, Wisconsin. She will be remembered as a great writer, actress, and spy who had courage in even the most trying times. Belle Boyd played the part of spy as if the war were a lighthearted game of cards. Born on May 4, 1843, she was raised just like any other southern lady. She was the daughter of a merchant and grew up in Martinsburg, West Virginia with her parents, Benjamin Reed Boyd and Mary Rebecca Glenn, three brothers, one sister, and grandmother. She went by the name Belle Boyd instead of her original name, Maria Isabella Boyd. Boyd attended Mount Washington Female College of Baltimore from age 12 to 16 after receiving a preliminary education. People knew her to be a fun-loving debutante. Her low voice was charming and her figure, flawless. Her irregular features rendered her either completely plain or extremely beautiful. The Civil War started when Boyd was 16, and she became a die-hard secessionist. She raised money for the South and organized parties to visit the troops until her career took a more active turn. Her spying profession began by chance when Boyd?s father and brothers were off to fight the war, leaving her with her mother, grandmother, baby brother, and sister. A band of drunken Union officers broke into her home, intent on raising the Federal flag over her house and one of the men insulted her mother. She drew a pistol and killed the man. Union officers were so charmed by her and felt such sympathy for her that they spared her from punishment. Though she was acquitted of the crime, officers still kept close watch over her. Clever Boyd took advantage of them and bewitched them into revealing military secrets. She then made her slave, Eliza Hopewell, carry the secret messages to confederate soldiers in a hollowed out watchcase. Her espionage career continued when in 1862, a Union troop gathered in her local hotel. Boyd hid upstairs, eavesdropping through a hole on the floorboards where clandestine Union information was revealed. Late that night, Belle rode out acting and bluffing her way past the Union sentries and conveyed this information to Col. Turner Ashby, who was scouting for the Confederates.
Sunday, August 18, 2019
Essay --
ââ¬Å"The process of learning continues throughout oneââ¬â¢s life says an old adageâ⬠. As one goes on learning new things, one realizes that there are many more things which one needs to learn to quench oneââ¬â¢s thirst for knowledge. During the course of my undergraduate study I have learnt many things but I have also realized that I need to learn more to advance frontiers in my field of interest. A graduate study is the next step in my quest for knowledge and to bring out my forte to the fore. I Pavan Kumar Vanga completed my Bachelor of Technology in Computer Science Engineering at Joginpally B.R.Engineering College affiliated to Jawaharlal Nehru Technological University at Hyderabad, one of the renowned institutes for undergraduate study in India. My decision to pursue graduate study has been motivated by my objective of seeking meaningful graduation related to computers. I firmly believe that I possess the requisite background and aptitude for pursuing graduation in this field at your university with the complete knowledge of programming languages like C, C++, Java. I was fascinated by the concept of Object Oriented Concepts, Operating System and Computer Networks, which virtually shrunk the globe and its omnipresent nature. This diverse nature of these subjects with its new avenues for research motivates me to be part of this exciting field. I have excelled in academics at every step of my education. I completed my schooling from Bhashyam Public School, Hyderabad securing 83.3%. In my pre-university at Narayana Junior College, Hyderabad. I took Mathematics, Physics and Chemistry as majors and secured 90.7%. My undergraduate study was the most pivotal period for shaping my future in the right direction. I took Computer Science Eng... ... to pursue my further education in your esteemed university, as my most important years of learning stretch right ahead. The journey ahead, promises to be a challenging one, it may well be arduous and demanding at times. After a careful study of various schools and the courses offered by universities, I finally decided to apply for your university owing to the quality of courses it offers. I strongly feel that I can match the high standard of your university and contribute fruitfully for the research endeavors at your university. An assistantship besides providing financial support would give me invaluable research-teaching experience. I am keen to join as a graduate student at your esteemed department with suitable financial assistance. I thank you in anticipation for considering my candidature and giving me an opportunity to express myself. . Pavan Kumar Vanga
Saturday, August 17, 2019
Religious Revival of the 1950s Essay
After Americans endured two decades of continuous depression, war and crisis through the 1930ââ¬â¢s and 40ââ¬â¢s, they sought a return to normalcy and longed to focus on the more private details of existence. Instead of national objectives, the public concentrated on family, home, and career, while becoming increasingly absorbed in religion. As the 1950ââ¬â¢s saw America in a state of national exhaustion, religion-in-general experienced a surge in popularity. Many critical views were silenced or ignored as people became more accepting of a wide variety of beliefs. While the revival was unexpected and unstructured, several events fueled the movement. World War II left the country weary and drained. During the four seemingly-endless years of conflict, almost all churches had rallied behind the war effort. Post-war America a burst in prosperity, and with this support, churches expanded. Church attendance soared while their purpose and goals shifted. As all denominations gained a more powerful voice, they used it to increase their role in society. In 1950, several of the oldest Protestant denominations formed the National Council of Churches in order to improve relations with the government, encourage interchurch connections, and promote projects such as Bible translation.1 This organization also helped to do away with the harsh attitudes and antagonism aimed at Catholicism after the war. Toleration and acceptance seemed to be the key to deepened communication between both church and state as well and Protestants and Catholics. Following World War II, an era known as the Cold War shook American faith in the possibility of a peaceful nation. A war with the Soviet Union looming overhead, the threat of a communist takeover, and the potential for nuclear disaster sent Americans rushing to churches in part to find a sense of stability and security. Survey data shows that Church attendance reached an all-time high 49% of the American population in the mid-1950ââ¬â¢s2 while nearly 96% claimed ties to some religious affiliation or another.3 Religion helped them cope with the uncertainty of having to live one of two opposing ways of life; a poverty-stricken, war torn country, or a thriving, peaceful nationà with an economy to support their growing families. Beneath the surface of mainstream optimism due to the booming economy, Americaââ¬â¢s crises with other countries instilled a sense of urgency concerning salvation. Moral values became somewhat self-indulgent, and self-absorption became characteristic of the religious movement, explaining in part the lack of conflict due to varying beliefs. While foreign affairs helped to shape religion in the 1950ââ¬â¢s, it was perhaps the more informal networks that anchored public interest and in turn became more influential. A small organization called the National Association of Evangelicals, founded in 1942, united several theological groups in an effort to spread the message of the gospels. They promoted such campaigns as that of Billy Graham, perhaps the most popular evangelist in American history. Graham both warned the nation of the peril they faced due to communism and failing American foreign policy, while also providing them an escape through salvation in Jesus Christ. His combination of religion and public concern set Protestants to action in the effort to ââ¬Å"saveâ⬠America. His rallies attracted crowds upwards of a half million in the mid-1950ââ¬â¢s.4 Another man offered a much more relaxed message concerning oneââ¬â¢s role in society in relationship to religion. Norman Vincent Peale, a minister from the Reformed Church of America who pastored a church in New York City, preached to large crowds using ââ¬Å"psychological, therapeutic, and scriptural elements.â⬠5 Peale encouraged people to practice their faith and visualize how they wanted to live their lives in order to achieve their goals. This approach to religion caused many to call him ââ¬Å"the rich manââ¬â¢s Billy Graham.â⬠6 He wrote the book The Power of Positive Thinking, in 1952. ââ¬Å"Positive thinkingâ⬠eased the minds of Americans who remained uncertain about war with the Soviet Union and the permanence of economic expansion in the states. Catherine Wood Marshall also wrote a book offering realistic insight and moral inspiration. Women were contributing more directly to public life inà the 1950ââ¬â¢s, and when her husband, minister Peter Marshall, died, she gathered his journals and sermons to publish A Man Called Peter. Not only were women writing religious books, but Post-war America saw women entering the ministry. Women had made up the majority of members in church congregations for centuries, but few denominations had recognized them as leaders before the 50ââ¬â¢s. Conservative churches limited leadership to Bible studies and social programs, but many major denominations joined the Quakers and Pentecostals in ordaining them as ministers. With an endless reserve of new students and a thriving economy to fall back on, theological schools flourished. Seminaries and other Bible-based schools saw record enrollment. New faculty was added and new areas of study were introduced into the curriculum. Most of these schools became part of the evangelical enterprise, with traveling ministers or radio broadcasts, like those of the Moody Bible Institute in Chicago. These schools sought to guide the church leaders of the future while also creating a positive public image for evangelism and religious education. With these new advancements in the Protestant and Catholic churches, also came the growth of other religions. A network called the ââ¬Å"Beat Movementâ⬠connected young writers who demonstrated a care-free, often reckless approach to both literature and religion. They joined small religious communities called ashrams, where Eastern religions, including Hinduism, Daoism, and Zen Buddhism were explored. Meditation and yoga were widely practiced. Like other groups of their time, they used their religious beliefs as a social stance. Their opposition to government policy and their desire to separate themselves from mainstream social activity was somewhat evident in their religious preferences. These movements and individuals of the 1950ââ¬â¢s have all altered the America in which we live today. One of the most obvious changes that is so often overlooked was the adjustment of the Pledge of Allegiance. In 1954, following a crusade led by the Knights of Columbus,(a Catholic mensââ¬â¢ society), Congress added the words ââ¬Å"under God.â⬠Their desire was for theà pledge to serve both as a patriotic oath and a public prayer.7 Politicians, however, argue to this day about the constitutionality of endorsing religion in the nationââ¬â¢s pledge. Many of these decisions were made before there was substantial concern surrounding the relationship between church and state, and how much each side should be involved in the other. At the same time in Washington, after President Eisenhower was elected, the prayer room and the prayer breakfast were established in the Capitol building. Then in 1955, with the support of the president, Congress added the words ââ¬Å"In God We Trustâ⬠to all paper currency. One year later, the same phrase replaced ââ¬Å"E Pluribus Unumâ⬠as the nations official motto. Legislators even began to submit Constitutional amendments that ordered Americans to obey ââ¬Å"the authority and law of Jesus Christ.â⬠The government directly fueled the revival in the 1950ââ¬â¢s, and the American public fell deeper and deeper into their own interests all the while believing ââ¬Å"what is good for oneââ¬â¢s own private interest is good for all,â⬠8 as was mentioned to the country by General Motorsââ¬â¢ Charles E. Wilson. National needs began to fall by the wayside as personal improvement took over top priority in the American household. Still, spiritual rebirth was the topic of concern in the minds of the American people. Southern revivalism got a boost with the beginning of the Civil Rights movement. Thousands of black and white Americans alike took part in the movement for justice. The ââ¬Å"Southern Christian Leadership Conference,â⬠attended by Dr. Martin Luther King Jr., sought to end racial segregation and was fueled by Christian ideals rather than political agenda. Dr. King, a Southern Baptist minister, lead the non-violent undertaking, which lead to a civil rights movement that extended well into the 60ââ¬â¢s and 70ââ¬â¢s. He urged Americans to ââ¬Å"stand up for justice, stand up for truth.â⬠9 Americans felt a sense of moral responsibility in the 1950ââ¬â¢s. The revival of the decade, if nothing else, proved there was a civil religion in the nation. Most Americans at the time put faith in four basic points. First, the existence of God; second, a life to come; third, they would be rewardedà for the good and punished for their sinful actions; and lastly, that there was no room for religious intolerance if there was to be peace in the nation.10 A change in the religious tone of the country was perhaps most evident in Washington. Even the government and its leaders recognized a ââ¬Å"higher law,â⬠and evidence of their dedication to the fusion of religious principles and democratic ideals is evident still today. They believed that a nation with strong values and beliefs would lead to a responsible social system, a strong sense of patriotism and common ideals around which to base strong communities. Such beliefs created an atmosphere that encouraged religious pluralism and as a result the 1950ââ¬â¢s saw some of the most rapid spiritual growth in American history to date.
Friday, August 16, 2019
AT&T Wireless Case Essay
1. [10 points] Describe the cost behavior in the wireless industry. What are the implications of this cost behavior for cost-volume-profit (CVP) relationships? Cost behavior is how a companyââ¬â¢s costs change given a change in that companyââ¬â¢s activities. Variable costs are costs that change proportionately with the changes in a companyââ¬â¢s activities. In contrast, the costs that do not change with a change in a companyââ¬â¢s activities are known as fixed costs. In the case of AT&T, costs are focused primarily into the fixed category. This means that as the companyââ¬â¢s activities shift, its costs remain relatively unchanged. This combination of high fixed costs and low cost variable costs gives AT&T and the rest of the industry a large amount of operating leverage. The high operating leverage of AT&T means that the company utilizes a higher risk strategy which leads to higher profits as volumes increase. Essentially, as long as AT&T maintains a volume that covers at least its fixed costs, any additional volume translates into profit. This works both ways however, if volume decreases below the threshold for covering fix ed costs then every decrease in volume yields proportionately equal losses. According to the case, there is little cost associated with text messaging. The case states that text messaging has an incredibly low variable cost, estimated at only a few cents per text. So basically, once AT&T has covered the cost of the required infrastructure to facilitate text messages, any revenues garnered from text message and virtually pure profit. 2. [5 points] What are the key cost drivers? Can a cost driver be used to continually raise prices? A cost driver is the root cause of why a cost occurs. For AT&T and the wireless industry there are several cost drivers. The most obvious ones in this case would be the number of texts sent per minute and the number of customers handled by the carrier. However, there are many more. These include the number of cell towers in the area and the amount of databaseà storage needed for handle the messages. In addition, individual cell phone plans and how many devices that are currently handled by a carrier in a given area are cost drivers. The primary cost driver used for the purpose of determining costs in this case is the amount of texts per minute. In this case, with its high fixed costs and low variable costs, any given change in volume will have little effect on costs. So, for AT&T, the cost drivers are unlikely to raise prices. However, this is not the case for all industries. If a company has high variable prices and low fixed prices we would expect the opposite. 3. [15 points] What does it cost AT&T to send a text message?[Consider costs of the channel, billing cost, storage cost] Based on this cost, what is AT&Tââ¬â¢s profit margin as a percentage of its short message service (SMS) text messaging business? [Consider per-use pricing and package pricing] The case states that the average cost per voice minute is $0.07. From this the case determines that the equivalent amount of texts that can be sent, given the data transmission rates, is eighty-one. Thus the cost per text can be calculated as: $0.07 / 81 = $0.0008641 per text This, however, is not the total cost of a text. We must also factor in the costs of billing, databases, and storage. The case estimates the cost of billing at twice that of the wireless costs. Therefore we calculate the cost of billing as: $0.0008641 x 2 = $0.0017283 per text Database costs are estimated to be $10 million and AT&T is expected to carry 1% of the 3.5 trillion in world traffic. Knowing this we calculate the cost of storage as: $10 million / ( 3.5 trillion x .01) = $10 million / 35 billion = $.0002857à per text The cost of storage is assumed to be negligible in the case. However, I felt that it would still be interesting to calculate the cost. The case states the cost of storage to be $1,000 per terabyte and that worldwide traffic requires 1,343 terabytes of storage. Given that AT&T carries only 1% of the traffic storage costs can be calculated as: ($1,000 x (1343 Tb x .01) / 35 billion = $13,430 / 35 billion = $0.0000003837 The combined cost of sending a text is thus: $0.0008641 + $0.0017283 + $0.0002857 + $0.0000003737 = $0.002878 To calculate the profit margin, we simply divide gross profit by total revenue. We will take into account the profit margins for three of AT&Tââ¬â¢s data plans. The per message plan which charge $0.20 per text, the $5.00 for 200 messages plan, and the $15 for 1500 messages plan. Per message plan: ($0.20 ââ¬â $0.002878) / $0.20 = 98.56% $5 plan: (($5.00 / 200) ââ¬â $0.002878) / ($5.00 / 200) = 88.49% $15 plan: (($15.00 / 1500) ââ¬â $0.002878) / ($15.00 / 1500) = 71.22% 4. [5 points] How strong a relationship should exist between the price charged to a customer for a good or service and the cost of providing that good or service? Explain. It depends largely on the profit goals of any given company and can vary wildly depending on a number of factors such as whether a company is nonprofit or not. In the case of AT&T, the price should at least cover the cost of the product in order for the company to break even. Any amount greater than that will translate into profits. AT&T should price their products based on the supply and demand of the given products. For text messaging, the demand is massive and AT&T gauges their prices accordingly. However, I feel that a degree of morality should be taken into account. I know that in the business world morality is generally ignored in search of profits. But with text messaging, they are metaphorically printing money for themselves. The cost of sending a text message is infinitesimal compared to what they charge their customers. The sad truth is that as long as we remain willing to pay their price for the service they will continue to charge it. 5. [5 points] Why is the price that AT&T charges to transmit a kilobyte of data via text message so much higher than the price charged to transmit a kilobyte of data via a Smartphone? The price of text messaging is higher than simply transmitting data by smartphone largely because of supply and demand. The wireless industry prices their products based on demand. Currently, the demand for text messaging is high and still growing. Because of this prices remain high. Perhaps if the average consumer was more aware of the cost of texting this would change their preferences and cause the price to ultimately drop. Texts are not the only source of revenue for the wireless industry. For example, the industry also experiences revenues from sales of devices such as cell phones. The industry prices their devices in order to compete with others in the industry and this leads to low prices in the device market. The revenue from texts is used to offset the loss of potential revenues in the device market. 6. [10 points] What should the management of wireless firms seek to do now? Wireless firms should seek to improve their infrastructure to increase the capacity and efficiency of their networks. This would allow the firms to handle a larger amount of data and improved rates. This would, in turn, increase the amount of customers that the firms could service and would increase the firmââ¬â¢s revenues. In the case of the wireless industry, an increase in revenues would likely lead to proportionately large increases in profits. The most efficient ways to improve the wireless infrastructure is to add additional towers and storage capabilities. According to the PCIA, revisions in networking policies would also help to achieve this goal. Byà allowing the wireless industry access to existing support structures such as towers, buildings, water tanks, and utility poles, the need for constructing expensive cell towers could be eliminated. In fact, the new generation of antenna systems no longer require the construction of older cell towers and are designed to be at tached to the previously mentioned pre-existing support structures.
Filipino food for thought Essay
Food is a very important part of a Filipinoââ¬â¢s life. No gathering would be complete without the lechon and so many other Filipino delicacies that we so enjoy. In my personal observation, it can be said that Filipinos seem to live simply for the pleasure of eating. You canââ¬â¢t visit a home without being offered a drink and food from the people there. It seems that food and the Filipino have been deeply rooted together. It may be that through food that brings the Filipino family close together. Indeed, we have come a long way from simply catching our prey and eating it raw and bloody. We have turned cooking and baking into an art form. Of course, through the help of modern inventions, cooking has evolved so much that it doesnââ¬â¢t even take you the whole day to prepare a meal that tastes like a feast! Microwaves and electric stoves replace all those clay pots and stone oven used a long time ago. Everything we need comes in neat little packages that just need to be opened, reheated and, Voila! Dinner is served. It wasnââ¬â¢t this easy during the time of our grandmothers although there were many improvements in the culinary arts. Women still had to slave over hot stoves, go to the market each morning to buy fresh ingredients and transform it to the sumptuous meals we all enjoy. Hard as it was to prepare food, this was the daily chores women did together that has bound them into one close-knit family. Yes, modern equipment have made lives so much easier, but some things in life that canââ¬â¢t be replaced by machines. In addition, some very important things are completely lost thanks to the modernization. Just imagine this quaint little scene in the lives of our grandmothers in the provinces. Come the day of the feast of whoever their patron saint, all of the women would gather in houses to start the preparations for the feast. Congregating in a specific spot (most usually the house of the wealthiest neighbor), they would formulate their game plan. Who would cook this and that, who would be in-charge of doing every little thing imaginable. For almost a week every year, they would busily go about their cooking with the other women in their village. This secret ritual is somewhat like the essay of straightening hair as a secret society. These cooking pros are in fact secret societies of the village women where children and men arenââ¬â¢t allowed, secret recipes kept within themselves and only when a girl reaches the right age would she be assimilated into the group. One would never think of this at this particular angle. With the dawn of technological advance, traditions are being replaced with the convenience of modern living. Nowadays, food preparation has become something too bothersome to worry over. Microwavables and ready-to-eat meals are the way to go especially in the busy lifestyle of the people, like some who hold two jobs to keep up with the expenses. Gone are the days when food preparation was a tradition. It has become a meaningless process most especially for the people in the cities. It is true that modernization is Godââ¬â¢s gift to mankind. Everything has become so simple and effortless. Food cooked in minutes rather than hours, people can communicate to each other all over the world with just a press of a button and so many more. The advantages of improvement are undeniable. Yet, when it comes down to the basics, we must think; is it really worth it? Does this so-called improvement really improve the people I am with as well as myself? Is what we are giving up or paying for the price of modernization worth it? Personally, I find that some things are meant to be forever. There may be changes and yet the basic essence can remain the same. People who dwell in the modern world, living a modern life have forgotten what really matters. Custom and traditions make a country what who they are. The personality of each and everyone is molded by the way they are brought up or according to what belief the parents have reflects on their children. Modernization takes away the tradition that has been passed on from parent to child. Tradition is not the only thing that can describe what kind of people we are. What we eat also shows us the people we have become or have been. Take for example dinuguan, which is made of pork meat, blood and heart. It sounds kind of disgusting but it is simply divine! Tastes aside, it tells the people of what kind of people we were. It shows us that long before, we were not the stiff and super-civilized people we think we want to be now. Dinuguan seems like dish made by savages, according to the standard set by foreigners, but who is to judge us? Many of our creme ala creme of society have flatly refuse to eat any more of this delicacy. Why? Honestly, I think they are afraid to let the real Filipino inside them shine through lest it would ruin their high-class standards they have set for themselves. Another delicacy that tells so much of us Filipinos is the native bagoong. This is a pungent Filipino sauce made out of tiny shrimps and salt. The process of making bagoong is quite simple. All the ingredients are mixed together and stirred in a special way, by means of the feet. The makers of the bagoong would go up on a stone ââ¬Å"bowlâ⬠where all the ingredients and secret spices are put together, then the fun begins. There is no special style on how to make this, but if you look at it seems so much like the grapes that are turned into the greatest wine. Who knows, maybe this is the best way to make bagoong? I think that this lowly sauce captures the true essence of the Filipino people. You see, we were conquered so many times, first were the Spaniards, then Americans and the Japanese. The longest being the Spaniards, we have experienced so much pain and suffering from them, the Friars and the government officials, who neither cared for the country or the people. They just wanted to get a piece of the wealth and resources of this poor native country down there. Time and time again, we were stepped upon and crushed by these so-called leaders of the church and state, and yet we survived only to become stronger and more powerful than before. It did take a long time before we reached our goals, but we did get there. Just like bagoong, its stepped on, everything is mashed into tiny pieces, and it seemed that everything (shrimps and spices) were lost in this gooey mess. Ironically, the longer they stepped on the bagoong, the tastier it got, the better the sauce. Some even say the feet had something to do with it. Yes, we Pinoys did get crushed, we were stepped on but then we have managed to make the most out of our situation. All those oppressors left a mark on us, which we accepted and turned to our advantage, very much like the effect of stomping does on the bagoong. What we eat makes us what we are. It sounds kind of funny to think of eating this way. If France can eat steak that makes them feel their power, or drink wine, Filipinos must also have something that shows the world what they are. The bagoong, mashed shrimp that doesnââ¬â¢t really look appealing, tells the world of its history. The many culinary dishes made up of so many different things show that even if we are all have diverse cultures and have so many differences, we Filipinos can still make something great together as one country. We may have Muslims in the South and Christians in Manila and Aborigines up in the north, but one thing is for sure. We are all Filipinos and no matter what, we are united as one people. How we prepare our food reflects our culture and tradition, even if modern technology is taking the place of so many things, our basic core is still the same. We should be proud of what we have achieved.
Thursday, August 15, 2019
Care and Administration of Medicines
Candidate's Name: Company: Date: Please write your name, in the blocks provided, as clearly as possible. The date should be written in the AD/MM/HAY format. This will ensure your certificate has the correct spelling and date. V. 021 1 @ Redeemer Publications Limited 201 1 Care & Administration of Medicines Index Page 2 Unit One Introduction & Legislation Pages 3 ââ¬â 6 Unit One Questions page 7 Unit Two What are Medicines / Methods of Administration Pages 8- 13 Unit Two Questions Page 14 Unit Three Prescribing & Monitoring pages 15- 17 Unit Three QuestionsPage 18 unit Four Policies & Procedures / Administration pages 19- 25 Unit Four Questions Page 26 N. B: We are aware that official practice is to use the terms ââ¬Å"service usersâ⬠or ââ¬Å"people using this serviceâ⬠to describe those receiving care. We prefer the term ââ¬Å"client' and use it throughout our training package. Key: worksheet important example 2 please note unit One Introduction As of February 2006 nearly half of all nursing and care homes were failing to meet the minimum standard Of safe handling Of medicines. The principles for the safe handling of medicines do not vary depending on hype of care offered, people cared for or size of business.Your home, and you, have a duty of care to properly handle medication and to support your clients to take their medicines safely The majority of people living in care homes take some kind of medicine. Some will be administering their own medication; others may take medicines that can only be administered by trained doctors and nurses. As a care worker you will need to be familiar with the medicines taken by your clients and you may even be trained to administer a number of them; you should be aware of issues concerning their control and must have knowledge of your home's own policies and procedures.As a career you are most likely to be administering medicines that are taken by mouth, inhaled or applied to the skin; you may also receive sp ecific training to use suppositories and to carry out certain types of injection. Clients requiring medicines that cannot be administered by you should, unless they are clandestineness be treated by doctors and / or nurses. This course is designed as an introduction to the care and administration of medicines. It will make you think about the type of destined used in your Care home and the reasons for their use; it will also look at how they need to be controlled and administered.Medicines can be highly dangerous substances and as such must be carefully controlled. It is essential that only competent staff administer medications and that there are suitable in-house policies and procedures for the safe storage and use of all medicines in the home. Staff administering medications must have received appropriate training that must include: Basic knowledge of how medicines are used and how to recognize and deal with problems in useThe principles behind all aspects of the homes policy on medicine handling and records Administration of medication must be carried out by a designated, appropriately trained member of staff and should be witnessed by a second designated, appropriately trained member of staff. 3 In essence the members Of staff responsible for the administration Of medication should have enough knowledge and experience to carry out the task safely and efficiently. All staff must receive in-house training on policies and procedures relevant to their workplace. This may form part of the induction programmer and must be updated regularly.Health and social care Act 2008 Regulation 13 Health and Social Care Act 2008 (regulated activities) Urge lotions 2010 (OUTCOME 9: Management of medicines) ââ¬ËThe registered person must protect service users against the risks associated with the unsafe use and management of medicines, by means of the making of appropriate arrangements for the obtaining, recording handling, using, safekeeping, dispensing, safe administrati on and disposal of medicines used for the purposes of the regulated activity. ââ¬Ë Managers must: Make sure a person-centered approach is taken regarding medication Manage riskFollow relevant guidelines Promote rights and choices Us port clients appropriately Ensure staff are competent Health and Safety at Work Act 1974 Appropriate measures must be taken to ensure the safety of all staff and anyone who may be affected by work practices. Medications are hazardous substances therefore their use must be risk assessed and safe procedures should be implemented. Adequate training must also be available. Control of Substances Hazardous to Health 2002 Medicines can cause ill health if they are given in incorrect amounts, administered by the wrong method or given to the wrong person.Clients, staff and even visitors may be at risk. 4 Employers must: Ensure correct storage of medicines Provide information sheets about the hazards associated with each type of medicine Provide appropriate per sonal protective equipment e. G. Gloves Employees must: Handle medicines according to in-house policies Make themselves aware of associated hazards use personal protective equipment where provided Safe administration of medicines is a vital part of care homes' responsibilities for their clients' welfare. Both over and under medication can be signs of career abuse and willful or accidental neglect.Clients should receive appropriate medication whether they are self-administering or dependent on staff; you must also be able to account for all medication received in the home. You must be able to demonstrate that all medications have been stored, used and disposed of appropriately, failure to do so could result in investigation and, where necessary, prosecution. Medicines are hazardous substances and may have a high value, in-house policies and procedures must protect against misuse, abuse, theft and accidental harm.As it is important for you to encourage your clients' independence effor ts would be made to support them in controlling their own medication. Decisions as to who is able to do this will be made jointly between the client, their family, doctors and care staff; there should be ongoing monitoring of the situation to prevent clients suffering if they become more forgetful or fail to recognize the importance of taking their medication. It may be considered an invasion of privacy to check up on clients each time they are supposed to have taken medication. Monitoring should be discreet and appropriate.Clients who are able to self-administer must be provided with a lockable rawer or cupboard for safe storage of their medicines; in case of problems occurring there must be a fall back policy to allow care staff to access this drawer or cupboard with the client's permission. Any clients who are mentally able to choose are free to buy their own remedies for minor ailments, they should be supported to do this and encouraged to discuss options with the pharmacist. It is important that staff take care of the needs of other, less independent, clients when they suffer from complaints such as coughs, colds and headaches.The home may keep a tock of over the counter treatments from a list that has been compiled with the assistance of clients' Gap's and the pharmacist, policies must exist for their safe administration and there should be procedures in place for recording their receipt, storage and use. 5 Complementary or alternative treatments may only be used with the informed consent of the client or a person authorized to speak on their behalf. Advice should be sought from the pharmacist regarding the possibility Of reactions between these remedies and any prescription medicines being taken.Some personal control over medication is better than none at all, so for example if a client suffering from arthritis is unable to open containers staff should be able to provide help but medicines may still be retained in the client's own room. A client may be able to apply creams but decide to let staff administer tablets etc. Clients who become forgetful or lack understanding may be given 24 hours medication in a compliance aid. 6 1 . Give two examples of hazards associated with medicines. 2. 2. If you are going to administer medication what training should you have received? . What does self-administration mean? 4. In your opinion why is it important to encourage and support solidification's? 5. Who is responsible for the administration of medication in your workplace? 7 What are Medicines? Dictionary Definitions: Medicine ââ¬â 1. Any substance used to treat or prevent disease or illness, esp.. Taken internally. 2. The science or practice of treating or preventing illness esp.. Using prepared substances rather than surgery. Drug ââ¬â 1 . Any substance used in the treatment of disease 2. Any substance taken (esp.. Illegally) for its affect on the mind 3. Anything craved for There are ore than 5,000 substances that can be classed as medicines; the definition of medicine as something that can treat or prevent disease may be applied to prescription drugs, over the counter remedies, herbal preparations, vitamin and mineral supplements and even foods. Think about the sort footings that you use for medicinal purposes; how do you deal with headaches, what if you're feeling a bit down? Do you take anything to keep you healthy? Do you use anything that might be considered ââ¬Ëalternative' such as herbal remedies? How do you know that the medicines which you use are safe?Development of Medicines Originally all medicines came from natural, mainly plant, sources; today with advances in science and technology conventional medicines are a mixture of refined plant sources and chemical compounds. Chemists are constantly trying to create new substances that will be more effective in treating and preventing illness. Below are some examples of medicines derived from natural sources with comments concerning their use and p otential problems : 8 Aspirin made from willow bark and used for pain relief, as an nondiscriminatory, to reduce temperature and to lower blood pressure.Aspirin thins the blood and an cause stomach ulcers. Morphine made from poppies it is used for pain relief and sleep induction. Morphine is highly addictive and may cause serious breathing problems. SST John's Worth used for a variety of reasons including as an anti-depressant it can cause diarrhea, may turn skin yellow and has been suspected Of increasing depression in certain individuals. Attainment a cancer treatment made from yew tree clippings. Penicillin a type of mould used as an antibiotic that can cause serious allergic reactions.As the above list shows ââ¬Ënatural' remedies are no less effective than chemical impounds nor are they any safer. As new medicines are developed they are rigorously tested often over a period of six to ten years, if shown to be medically effective and safe to use the Committee on Safety of Medi cines (SCM) will approve them for marketing. Classes of Medicine While some medicines can only be obtained from a pharmacist, others are more readily available. Care must be taken with all medicines but some are more strictly controlled than others.SSL ââ¬â General Sales List -? these medicines can be purchased in all kinds of places including grocery stores and garages. These products are unlikely to cause harm if taken according to instructions but their quantity may be limited as, for example, happens with painkillers (e. G. Paramedical) which are sold in boxes of 12 with restrictions on the number of boxes that can be bought. P ââ¬â Pharmacy medicines ââ¬â also known as over the counter (ETC); these may only be sold in a pharmacy under the supervision of a pharmacist.The pharmacist, or staff, will check the suitability of the medication by asking questions about the patient, their health problem and any Other medicines they may be taking. POMP ââ¬â Prescription O nly Medicines ââ¬â medicines that are expensed by a pharmacy in accordance with a prescription written by a doctor, dentist or specially qualified nurse. CDC ââ¬â Controlled Drugs ââ¬â prescription only medicines which have certain properties, such as addictiveness, which mean that stricter controls are necessary. How do Medicines Work?Even with today's increased knowledge scientists are still unable to say exactly how all drugs work, however, loosely speaking effects can be split into three main categories; those that replace chemical deficiencies, those that interfere with cell function and others that act against invading organisms and abnormal cells. 9 1 . Replacement of chemical deficiencies Examples: vitamin injections insulin hormone replacement When the body cannot properly produce its own chemical requirements they may be given artificially.The downside of this approach is that artificial supplements may reduce the body chances of producing its own in the future and in cases such as the use of vitamin tablets and injections the effects may not be as beneficial as if they were achieved through a healthy diet. 2. Interfering with cell function painkillers These types of medication either block the action of hormones or slow them r, alternatively, they block the transmission of messages through the nervous system.
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