CSR- the impact of organizational goals and design Essay

CSR- the impact of organizational goals and design - Essay Example A newer concept but still very similar to social responsibility is social responsiveness, which in simple terms means â€Å"the ability of cooperation to relate its operations and policies to the social environment in ways that are mutually beneficial to the company and to the society (Fredrick, Davis and Post, 1988). Both definitions focus on corporations but these concepts should be expanded: The main differences between social responsibility and social responsiveness is that the latter implies actions and the ‘how’ of enterprise responses. It is not enough to be philanthropic and not think in terms of consumers and other relevant stakeholders. It is not enough to be law abiding and leave matter at that for a business rival round the corner can raise the stakes by introducing commodities and services, as well as conditions of production that are much higher than those required by law. Consumers today are alive to these changes and react to them in a fashion that tells on the bottom line of a firm. Therefore, the fact of corporate social responsibility has to be carefully devised keeping in mind the specifics of the organization and the kinds of demands that can be made upon it as a corporate citizen by all its relevant stakeholders. At the same time, no company can afford to let its profits fall. In fact if that were to happen then it would be letting down i ts stockholders and employees, who are two of its very important stakeholders. The question then is how to devise a system of CSR that is related to business so that both can be sustained in synergy. Defining corporate social responsibility (CSR): In an influential essay entitled ‘social responsibility of business’ Nobel Laureate Milton Friedman argued that the espousal of ‘social responsibilities’ by the corporate sector was not just bad for business, but was tantamount

Emotional Quotient And Spiritual Intelligence In The Workplace Essay Example for Free

Emotional Quotient And Spiritual Intelligence In The Workplace Essay As the world progresses and advances towards globalization, the global economy is demanding for the existence of well-managed companies and organizations. Responding to this demand, organizations are trying to find more effective formula that will enhance or improve their outputs. Two of the latest discoveries that attract companies and organizations are the concepts of emotional and spiritual development of their human resources. More and more companies are integrating the said formula in their programs and action plans as they recognize the need of these concepts that were long been neglected. In this paper, we will analyze the arguments of two chosen articles which focus on Emotional Intelligence (Must Have EQ by Anthony Landale) and Spiritual Intelligence (The Practical Application of Spiritual Intelligence in the Workplace by Mike George). Anthony Landale, in his article entitled â€Å"Must Have EQ†, argued that Emotional Intelligence or EQ (Emotional Quotient) the key for an organization to meet the challenge of getting people work together more effectively (Landale, Andrew Feb/March 2007, page 24). In line with this, the author presented his stand in four clear points. First, he argued that EQ is vital in keeping the organization or team members intact. Second, he argued that each team member must be able to learn how to manage our emotions by constantly checking our own individual behaviors. Landale made it clear that behaviors are innate in humans and that every person has his own set of good and bad behaviors. Relative to this, a person who has high emotional intelligence is able to manage even the undesirable behaviors by expressing them in the right place, time and manner. Third, Landale argued that EQ development requires empathy, which is putting oneself in the place of others. This means that one is required to constantly deal with others at work, learn to adjust as needed and be able to adapt with the situation. Lastly, the author stressed that communication is vital in the development of emotional intelligence and of keeping the organization healthy. To be able to do this, every member must maintain an open and honest communication. It was also stressed that a two-way communication line is required which means that feedback to and from management must be kept working. Emotional intelligence is therefore measured according to the person’s skill of managing his or her emotions and behaviors because EQ is actually â€Å"Self-Management. † In partnership with EQ, a company must also train its human resources to develop Spiritual Intelligence (SQ). The author centered his arguments on the practical applications of SQ especially in the workplace because SQ development focuses on the three deepest motivations of humans: creativity, meaning and purpose (George, Mike 2006, page 3). The author argued that since Spiritual Intelligence directly work with these three human motivations, SQ development will definitely make a company a vibrant workplace. If a person’s SQ is well-developed, he will be able to have a clear sense of his identity and a definite purpose. Spiritual intelligence enables a person to live with integrity by setting a good example. Because SQ gives the individual the power the flexibility to adapt to the environment, a person with high SQ is able to be cool and focused even in a stressful situation. By developing one’s self-awareness, a person with high SQ also will have the power to find the cause of his emotions, its meanings and be able to manage them. This in turn will develop one’s empathy. Spiritual intelligence focuses on the development on a person’s ability to fight the ego in order for him to adapt to changes. Finally, development of spiritual intelligence enables a person to recognize the non-material reality of his being that is humans have non-material needs which when recognized alleviates life’s insecurity. If cognitive intelligence is about thinking and emotional intelligence is about feeling, then spiritual intelligence is about being† (McMullen, Brian 2003). In line with the arguments of Landale and George, this statement is parallel with their point of view that EQ has something to do with self-management while SQ deals with self-awareness of the non-material reality of the being. In the modern world, people are inclined to boosting their cognitive intelligence (IQ) as this may seem the measuring device for one’s success in life. But the real working world does not acknowledge the importance of IQ alone, rather the development of all four basic intelligences that define the successful individual. â€Å"IQ appears to be related to minimum standards to enter a given a profession† (Wiggleswoth, Cindy ). In line with Landale’s claim that EQ is of managing emotions, a study of store managers in retail chain proved that efficient management of emotions especially with stress is important for success (Cherniss, Cary 2000). However Cherniss stressed that this is just one aspect of the complex scope of emotional intelligence. He said that â€Å"emotional intelligence has as much to do with knowing when and how to express emotion as it do with controlling it. † This statement corroborates Landale’s idea that EQ is of acknowledging and identifying the emotions and learning how to express them in a proper behavior (Landale, Andrew 2007, page 24). The importance of this aspect of EQ was proven worthwhile in modern organizations as with the experiment done in the US navy wherein researchers found that â€Å"the most effective leaders in the US Navy were warmer, more outgoing, emotionally expressive, dramatic, and sociable† (Barsade, S. t. al 1998). Another aspect of emotional intelligence is empathy which is proven by researchers that it contributes to occupational success (Cherniss, Cary 2000). This is the aspect that overlaps with the concept of spiritual development which also acknowledges the importance of empathy in recognizing the cause of the emotions and be able to utilize them in adapting to changes. â€Å"EQ is the development of the capacity for self-control and the ability to respond with sensitivity and empathy† (Oxford Leadership Academy). This is also important if a manager or someone in the organization would like to positively influence the work behaviors of other members. A practical application of this as cited in one article is that one’s effectiveness can influence others depending on one’s ability to connect with them particularly of understanding the feelings of others (Goleman, Daniel 1999). To effectively influence others we also need to be able to manage our own emotions. Connected to EQ development is the spiritual intelligence which centers on developing the skills of the person in managing the inner self or the non-material reality of one’s being as claimed by George. One author defined spiritual intelligence as â€Å"the ability to behave with Compassion and Wisdom while maintaining inner and outer peace (equanimity) regardless of the circumstances† (Wigglesworth, Cindy). Since compassion encompasses the ability to understand the feelings of others, as what empathy suggests, the concepts of EQ and SQ therefore work together towards the complete success of a person and the organization where he belongs. The practical point of this is that when someone is emotionally and spiritually intelligent, he will be able to make the most out of his skills, emotions, behaviors and traits in managing himself and in turn will give him the power to positively connect with others. That optimism is brought about by the fact that the person, with empathy and compassion, understands the emotions of others which give him the ability to stay calm and focused no matter what the situation brings. Relative to George’s argument that spiritual intelligence in necessary for a person to live a life with integrity and in line with the clear purpose, one author has the same perspective. According to 1Wigglesworth, spiritual intelligence development encompasses self and universal awareness including the ego and social mastery. In the management world, spiritually intelligent manager is a â€Å"wise and effective change agent† who makes compassionate and wise decisions. Wigglesworth further said that SQ enables managers to have the calming and healing presence in the midst of stressful workplace. In contrast with George who did not acknowledge the importance of communication in the development of SQ, Landale stressed that EQ development requires a manager to â€Å"prioritize the giving and receiving of feedbacks† (Landale, Anthony 2007). Connecting with other members of the organization builds and cultivates relationships and that can only be possible when open communication is active in the organization. Putting the essentials of emotional and spiritual intelligence, we clearly draw out the idea that the development of these basic intelligences focus on relationships which is especially important in building an effective, efficient working environment. The human resources of the organization are its most valuable assets so it is vital that that training and development should include the wholeness of their being. Companies of the modern economy is already recognizing the fact the business is not all about making money, rather it encompasses the building of organization members with multiple intelligence. An organization with personnel, especially leaders, who have well developed cognitive, emotional and spiritual intelligence, is a happy and enthusiastic working environment. Developing the emotional and spiritual intelligence is the answer to the intangible needs of the organization: healthy working relationships.

Exporting US Engineering Labor Overseas, an Ethical Perspective Essay e

Exporting US Engineering Labor Overseas, an Ethical Perspective Introduction The recent trend of outsourcing white collar jobs overseas to countries such as India has angered many American Technology professionals. This is occurring specifically in areas such as computer software, chip design and technical support. This trend has contributed to the increasing difficulty many Americans, who are looking for technical jobs, are experiencing. The purpose of this paper is to determine whether this anti-outsourcing attitude has any moral basis and to discuss the conflict of interests involved. This trend has a huge number of stakeholders, impacting engineers working for US companies as well as the entire economies of the US and the nations who benefit from the practice. The consequences of this trend are newly established markets and improved standard of living in other countries at the expense of technical professionals in the United States and other countries with established technology industries. History of Overseas Outsourcing Outsourcing is defined as services provided for a company by a secondary company that would otherwise be supplied internally. The purpose of this is process is to reduce costs by subcontracting the work to an external company which can provide the service at a lower cost. In addition to lower cost, the benefits also include more predictable costs. This allows companies to concentrate on their core business. This system is advantageous to the secondary external company because they can achieve the benefits of the economics of scales in performing the same specialized work for many companies. Additionally the company can provide lower costs for a service if they can find lower labor costs. Duri... ...; I.B.M. Explores Shift of Some Jobs Overseas.† New York Times Late Edition – Final, Section C, Page1, Column 2. July 22, 2003. Country Profile: India. TechRepublic, 11/18/03, < http://techrepublic.com.com/5100-6298-1029727-4.html> Rachels, James. The Elements of Moral Philosophy. McGraw-Hill Companies, Inc. 2003 McLaughlin, Laurianne. "An Eye on India: Outsourcing Debate Continues." IEEE Software, IEEE Computer Society. May/June 2003. Bardhan, Ashok Deo, and Kroll, Cynthia A. "The New Wave of Outsourcing." Fisher Center for Real Estate and Urban Economics. University of California, Berkeley. Fall 2003. 11/18/03, <http://repositories.cdlib.org/iber/fcreue/reports/1103/> Breslin, David A. "On the Ethics of Outsourcing," PM, November - December 1999. 11/19/03, <http://www.dau.mil/pubs/pm/pmpdf99/breslind.pdf> Ulrich von Hutten (1488-1523)

The short story ‘The Bath’ Essay

?The short story ‘The Bath’ by Janet Frame tells of an old lady who has been widowed and now lives alone. It tells of the small, meaningless tasks that now make up her existence. She grieves for lost loved ones and frequents their graves. In this particular story, the mediocre activity of having a bath becomes a hugely difficult task for the woman as she struggles to get out once finished. The main themes portrayed in this story are: loneliness, the plight of the elderly and helplessness. The theme of loneliness is shown through the graves. One of the only things the old woman can do now is visit the graves of her loved ones as she has no other way to remember them and no people left in her life to provide company for her. She plants flowers on their graves showing tender care and talks to the graves as if they were living people. These actions make the reader feel sorry for the old lady, and the companionship she gets from the graves shows just how lonely she really is. This leads to the next theme, the plight of the elderly. Partway through the story it becomes apparent that the old woman cannot get herself out of the bath as a result of her weakened, elderly body. This proves to be incredibly frustrating for the old woman as this really is a very simple task but try as she might she simply cannot get out of the bath. As well as feeling sorry for the old woman the reader also begins to feel scared for her as she is all alone and cannot call for help. The author also uses symbolism to help get across the message of the old woman’s plight. The bath is described as being in a dilapidated state and this parallels the state of the woman’s frail body as she struggles to pull herself out of the bath. This in turn leads to the last and possibly most important theme; helplessness. In the prior paragraphs I have talked about all the things that have happened to the old woman but the one important factor that links them all together is that she is powerless to change any of it. Her body is failing her and she can’t help it, all her loved ones are dead and she can’t help it, and most of all, she is dying too, and she can’t help it. Symbols of death are all around her. The cemetery, a decaying house, and the bath. Being trapped in the bath makes it coffin-like, representing where she will eventually lie forever. The story of the old woman makes us fully aware of what growing old is really like. It is not graceful or fun, it is scary and lonely.

Hydrogen vehicle

The riots are still raging In the streets and gas prices are $200 a gallon. It has been 15 days since we have been told that there Is no more fossil fuels. Our civilization Is at the tipping point; Like I said there is violent riots in the streets the lights are not turning on and neither Is the water. My mom tells me it's like this because when she was a kid everyone abandoned the Idea of â€Å"clean energy† because they were told that scientists figured out how to clean up the pollution. No one thought of when we were going to run out fossil fuel and now e have.We need a new source of power, a clean and unlimited reserve of energy, hydrogen. Hydrogen Is a clean and unlimited resource. Hydrogen Is a completely clean resource, when used in cars it's only emission is water vapor and heat. Hydrogen is virtually unlimited when hydrogen runs out our universe will have ended ( most likely one hundred trillion years) years from now. Hydrogen is extremely efficient, it is 3 times mor e efficient than gasoline. You can get 480 miles a tank with the Toyota FICHE. From coral you can make it all the way to San Diego, CA and go another 156 mi on one tank.Some argue that hydrogen is very flammable and can explode. Those that argue this are 100% correct but it is not any more flammable than the gasoline in your car right now. Hydrogen is only $1. 80 gallon and 3 times more efficient than gasoline. You would be paying half the price of gasoline and going 3 times as far. Hydrogen would be saving you a lot of money for family trips or Just every day getting around and doing errands. Hydrogen fuel cells would be saving people money and time used filling up the tank. Hydrogen fuel is extremely efficient and will be getting people around everywhere.

What is Sarbanes-Oxley Act

What is Sarbanes-Oxley Act Free Online Research Papers Sarbanes-Oxley Act has been implemented since 2002. It main purpose was to regain the confidence in the capital market by forcing mandatory standards and rules for companies. This paper studies the reasons for the Sarbanes-Oxley Act and the positive and negative impact that Sarbanes-Oxley Act has placed on companies. Reason for SOX The reason for the Sarbanes-Oxley Act of 2002 came about because of Kenneth L. Lay, CEO of Enron Corp. Enron began in 1986 but originally was Houston Natural Gas a gas pipeline operator in 2001 Enron was the number one energy trader in the world. Enron direct competition was Duke Energy, El Paso, and Williams Companies to name a few. However, in 2002, Enron filed for bankruptcy and Lay was involved in one of the biggest accounting fraud crimes. Lay hide sales of the company’s shares and said that he was buying more shares (Henry, 2006). No one ever questioned Lays acts and never questioned or investigated the trading rules for someone trading within an organization. In that time, executives did not have to report their transactions with their companies the end of a company’s fiscal year and after 45 days and some times it they could take up to 12 months (2006). â€Å"Congress clamped down and directed the Securities Exchange Commission to require reporting of tra nsactions within two business days, effective Aug. 29, 2002. At the time, recalls then-SEC Chairman Harvey L. Pitt, regulators didnt even know companies were backdating options grants† (Henry, 2006, pg.38). As result of Enron’s scandal and public bankruptcy of such a well recognized corporation. Congress passed the Sarbanes-Oxley Act of 2002 known as the Sarbanes-Oxley Corporate Accountability Bill. The Sarbanes-Oxley Act requires for all public companies that have business in the United States must have an accounting framework (Nelson Staley, 2006). Sarbanes-Oxley Act of 2002, made it mandatory for all public companies to contain internal financial auditing controls and to present the results in annual assessment their internal financial auditing control efficiency. This must be reported to the Securities and Exchange Commission (SEC) in an annual basis. Also, the Sarbanes-Oxley Act of 2002 required for all public companies to have an external auditor and the external auditor would have audit and test on the company’s internal control reports of management and the company’s financial statement (Baker, Bealing Jr, Nelson Staley, 2006). Sarbanes-Oxley Act of 2002 The following provides an overview of the Sarbanes-Oxley Act in which public company are required to comply. Title I of the Act – established the Public Company Accounting Oversight Board (PCAOB). Title I which was given broad oversight over public accounting firms who perform audits of publicly traded companies. According the Public Company Accounting Oversight Board states, section 103(a)(1) of the Sarbanes-Oxley Act of 2002 that Board establishment and their responsibilities and to establish auditing standards and rules. In addition, this Board defines the ethics standards for the audit reports that registered accounting firms must prepare and submit (Baker, Bealing Jr, Nelson Staley, 2006). Title II of the Act – established the Auditor Independence which pro services. The Securities and Exchange Commission adopted amendments to its existing requirements regarding auditor independence to enhance the independence of accountants that audit and review financial statements and prepare attestation reports filed with the Commission. In addition, these rules and standards affect the foreign accounting firms that perform audits of foreign subsidiaries and affiliates of U.S. issuers, as well as of foreign private issuers. According to Baker, Bealing Jr, Nelson, Staley: Many of the modifications to the proposed rules, such as those limiting the scope of partner rotation and personnel subject to the cooling off period, have the added benefit of addressing particular concerns raised about the international implications of these requirements. Moreover, additional time is being afforded to foreign accounting firms with respect to compliance with rotation requirements. The release also provides guidance on the provision of non-audit services by foreign accounting firms, including the treatment of legal services and tax services (2006, p.5) Title III of the Act – established the Corporate Responsibility which imposed public company audit committees. It defined the corporate responsibility for financial reports. It defined the improper influence on conduct of audits. It clearly points the penalty of certain bonuses and profits. In addition, section 302 is one the most important sections of the SOX Act. Established the Corporate Responsibility for Financial Reports it demands for CEO and CFO to review all financial reports. The financial reports must not have any fabrication or faulty information. It also directs the responsibilities to the companies CEO and CFO for the internal accounting controls. The CEO and CFO have the obligation to report any leakage in internal accounting controls. In addition, CEO and CFO must report any management of the audit committee for fraud actions or participation. They must point out any internal accounting controls information modification. Title IV of the Act – Established Enhanced Financial Disclosure. Section 401 Disclosures in periodic reports conflict of interest provisions. Section 402 Enhanced conflict of interest provisions. Section 403 Disclosures of transactions involving management and principal stockholders. Section 404 is another most important section of the SOX Act of Title IV. Section 404 established Management Assessment of Internal Controls this demands for management that all annual financial repots must have an Internal Control Report stating that management is responsible for an â€Å"adequate† internal control structure. Any shortcomings in these controls must also be reported. In addition, registered external auditors must attest to the accuracy of the company management’s assertion that internal accounting controls are in place, operational, and effective. Sarbanes-Oxley Section 404 (SOX 404) requires a security management process to protect against attempted or successful u nauthorized access and use with system operations. Sarbanes-Oxley Section 404 also involves security management for disclosure, modification, or interference with system operations. Section 405 is defines the exemption to the TITLE IV. Section 406 is the Code of ethics for senior financial officers. Section 407 is the disclosure of audit committee financial experts. Section 408 is the enhanced review of periodic disclosures by issuers. Section 409 Real time Disclosures states that must disclose information on material changes in the financial conditions or operations of the issuer on a rapid and current basis. Section 409 is another most important section of the SOX Act of Title IV. However, section 409 is the only section that is not currently in effective. This section is Real Time Issuer Disclosures meaning companies are required to disclose on almost real-time basis information concerning material changes in its financial conditions or operations. Title V of the Act – established the Analyst Conflicts of Interest. Section 501 the treatment of securities analysis by registered securities associations. The national securities exchanges and registered securities associations must adopt conflict of interest rules for research analysis who recommend equities in research reports. Title VI of the Act – established the Commission Resources and Authority. Section 601 is the Authorization of appropriations. Section 602 is appearance and practice before the commission. Section 603 is Federal court authority to impose penny stock bars. Section 604 Qualifications of associated persons of brokers and dealers. Title VII of the Act – established the Studies and Reports. In section 701 is GAO study and report regarding consolidation of public accounting firms. Section 702 is commission study and report regarding credit rating agencies. Section 703 is the Study and report on violators and violations. Section 704 is the study of enforcement actions. Section 705 is the study of investment banks. Title VIII of the Act Corporate and Criminal Fraud accountability. In section 802 are criminal penalties for altering documents. Section 803 Debts non-dischargeable if incurred in violation of securities fraud laws. Section 804 is Statute of limitations for securities fraud. Section 805 is review of Federal Sentencing Guidelines for obstruction of justice and extensive criminal fraud. Section 806 is Protection for employees of publicly traded companies who provide evidence of fraud. Section 807 defines the criminal penalties for defrauding shareholders of publicly traded companies. Title IX –White-Collar Crime Penalty enhancements. Section 902 is the attempts and conspiracies to commit criminal fraud offenses this section is another of the most important section of the SOX Act. It states that any person who attempts or conspires to commit any offense under this chapter shall be subject to the same penalties as those prescribed for the offense, the commission of which was the object of the attempt or conspiracy. Section 903 states criminal penalties for mail and wire fraud. Section 904 is criminal penalties for violations of the Employee Retirement Income Security Act of 1974. Section 905 is the amendment to sentencing guidelines relation to certain white-collar offenses. Section 906 states it is corporate responsibility for financial reports. Title X of the Act – established the corporate tax returns. Section 1001 Sense for the Senate regarding the signing of corporate tax returns by chief executive officers. Title XI of the Act – established the corporate fraud and accountability. Section 1102 is the tampering with a record or otherwise impeding an official proceeding. Section 1103 is temporary freeze authority for the SEC. Section 1104 is the amendment to the Federal Sentencing Guidelines. Section 1105 Authority of the Commission to prohibit persons from serving as officers or directors. Section 1106 is increased criminal penalties under the Securities Exchange Act of 1934. Section 1107 protects whistler blowers section 1107 is the retaliation against informants. The Impact of Sarbanes-Oxley Act The Sarbanes-Oxley Act has applied positive effect to companies. The public companies are forced to compliance with the Act and ensure that their accounting operations are up to standards with SOA. However, private or non profit organizations are being exempt from this Act. â€Å"Still, many such entities are finding that certain aspects of the act can benefit their overall operations and are cherry-picking those parts that will do them the most good† (Savich, 2006, pg. 71). In addition, many private organizations are taking advantage of only select the sections of the Act that beneficial. Why would these private organization voluntary adopt SOA knowing how public companies struggle to comply with the SOA standards? One reason why private organization would want to comply with SOA standards is if the private organization is planning to merge with a public organization. Then they have advantage of preparing for the cost and sufficient time to prepare to meet those required for Sarbanes-Oxley Act. A second reason for an private organization to voluntary adopt SOA would be if the private company knows that is going to become public then they adopt the Sarbanes-Oxley Act since they know it will be mandatory (Savich, 2006). Another reason would be if a private company is forecasting a IPO within next years it would be benefit for them to start compliance with the Sarbanes-Oxley guidelines earlier than later to avoid any delay and expect cost (Savich, 2006). Even non-profit organizations are volunteering to comply with Sarbanes-Oxley provisions. â€Å"In California, for example, the Nonprofit Integrity Act of 2004 requires charitable organizations with over 2 million in gross revenues to have an audit committee, which also approves non-audit services, and audited financial statements† ( Savich, 2006 ). Private organizations are in position that they adopt the sections that they want with advantage of not having to spend excessive amounts of money to set up for an auditors assessments of internal controls. Instead, their company can intake the benefits of the Sarbanes-Oxley Act without incurring significant costs (Bednarz, 2006). Congress intended for the Sarbanes-Oxley Act to apply only public companies. But a national study by Foley Lardner LLP, showed that Sarbanes-Oxley Act took another path. It has been revealed that these private and nonprofit organization continue to adopt provisions of the act as best practices with out have obligation. The study concluded nonprofit organization was more impulsive to adopt the Sarbanes-Oxley standards, while private companies have been steadily adopting Sarbanes-Oxley standards but not as much as nonprofit organization. In addition Nonprofits organization are more likely to implement or plan to implement whistle-blower procedures, board approval of non-audit services by auditors and restrictions on executive compensation, among other changes. According to study findings of Foley Lardner LLP: Private companies tend to adopt the least expensive reforms, as opposed to more costly initiatives such as section 404 audits of internal controls. Some 84% of private organizations responding to the survey believed corporate governance reform was about right, an increase over the 78% who had responded that way in 2005. Survey respondents estimated an average annual price tag of $105,000 for corporate governance procedures, a 26% increase over their estimated costs before Congress Foley Lardner surveyed 56 private entities in January 2006-20 nonprofit organizations and 36 for-profit private companies enacted Sarbanes-Oxley (Savich, 2006) In another study named Voluntary Compliance survey conducted by CEO’s of â€Å"fast-growing† private companies. 27% said their companies had adopted Sarbanes-Oxley best practices in areas such as governance and transparency. 73% opposed any future federal or state regulations that would impose Sarbanes-Oxley provisions or entities other than public companies. 67% of those considering going public said the cost of Sarbanes-Oxley compliance was a potential barrier (Savieh, 2006) Many public companies are struggling to comply with the Sarbanes-Oxley because of the high costs and implementations complexity. Even larger companies like: General Electric, Lockheed, and Emerson Electronic are struggling to meet the Act standards. In meeting held in Washington, D.C. the Executives of these corporations emphasis the challenges they face to comply with Sarbanes-Oxley Act. (Bednarz, 2006) Executives stated, that cost for comply with Sarbanes-Oxley does compensate for benefits of having Sarbanes-Oxley. The cost for implementing software that complies with Sarbanes-Oxley Act is very expensive. This is affecting smaller public companies that do not have the funds to implement these softwares. According to Robilliard, In the recent study of IT managers in the US, the Aberdeen Group found that most companies plan to leverage their existing software tools to fill any gaps to comply with the Act, (Ismail, 2005, p 4). Critics of regulation argue that the Sarbanes-Oxley Act has raised the cost of being a public company so much that it is unreasonable to impose this burden on smaller public companies. The critics main concern is Section 404, which deals with internal control audits. These critics assert that the high cost of being a smaller public company will stifle economic growth and ultimately hurt U.S. competitiveness (Hermanson, 2006). According to Hermanson, For honest corporate officers, this is classic governmental over-regulation-a dagger aimed at the heart of the U.S. economy. . . . The most dangerous aspect of this regulatory overkill is a further inclination by corporations to hold onto money rather than put it into productive investment, thereby threatening to stifle economic growth. Even the SECs advisory committee concluded, after hearing testimony from various parties, that Section 404 is a burden for smaller public companies. In an August 18, 2005, letter to SEC Chairman Cox, The committee stated, The costs of implementing Section 404 have been far more expensive than originally forecasted and these costs are disproportionately larger for smaller companies. (200 According CPA Journal survey by Financial Executives International reported that small companies are projected to spend $824,000 in order to comply with Sarbanes-Oxley Act. In addition, the average cost for all companies is $4.3 million estimates. However, public companies are estimated to spend $6.1 billion in order to implement Sarbanes-Oxley Act (Koehn DelVecchio). The Sarbanes-Oxley Act and the Security Exchange Committee rules can impact internal auditors in numerous ways. One way is internal auditors probably will be asked to expand their internal control evaluation and testing work in order to provide assurance to upper management when they attest to the relative strength of their internal control system (Aldhizer III, Cashell Savlyor, 2003). Pricewaterhouse Coopers in a discussion document stated, that good internal controls are no longer just a best practice, but are now reinforced in the Sarbanes-Oxley Act as a critical component of good corporate governance (Aldhizer III, Cashell Savlyor, 2003). Upper management and the audit committee are depending on internal auditors to help them comprehend difficult financial reporting issues and their impact on the quarterly and annual report (Aldhizer III, Cashell Savlyor, 2003). If the Sarbanes-Oxley Act increase internal auditors responsibilities companies take the risk of this having an impact on the current level of services provided by internal auditors. Many organizations may be unwilling to increase internal audit resources to the level required to completely fulfill both existing and new responsibilities. If this occurs, internal audit departments will have to decide either which services to cut or how to continue providing the same level of service with fewer resources (Aldhizer III, Cashell Savlyor, 2003). Audit fees are arise because of the need to present more in depth audit work in order to gain the necessary information and the loss of income from higher-margin consulting work are affect the higher costs. Eventually, it will affect the relatively few companies that were involved in the accounting frauds, but all companies and consumers (Gifford Howe, 2004). According to a recent Financial Executives International (FEI) survey conducted, it reported that the first-year compliance costs ranging from $2 million to $5 million. (Gifford Howe, 2004) consulting firm The Johnsson Group has estimated total 2004 costs to run upwards of $15 billion, with many large companies seeing thousands of hours diverted from staff support and research activities to compliance work. Many of the smaller companies are affected by this because they do not have money to obtain staff support and necessary requirements. Another provision that may notably increase audit fees relies in the Sarbanes-Oxley Acts to far-reach authority. The act affects any firm that audits a publicly traded U.S. company (Gifford Howe, 2004)). For example, any foreign subsidiaries or affiliates of public accounting firms may conclude that they do not want be involved with a clients operations in its native country because of U.S. regulations. Therefore, U.S. firms would have to conduct the audit for client’s foreign subsidiaries, at the client’s expense. This sufficiently require more time and cost. â€Å"In addition, the move by U.S. regulators to review the work of foreign accounting firms could prompt retaliation by other countries in the form of reviewing the work of U.S. firms that audit U.S. subsidiaries of foreign multinationals† (Gifford Howe, 2004, p. 7) Another reason for fees to arise can the fact that auditor have the obligation to include in the audit report the effectiveness of internal controls over financial reporting and managements assessment of it (Gifford Howe, 2004). Although Sarbanes-Oxley Act is not intended for increase of charge fees be based on the auditors evaluation be the basis given the increased political costs and potential legal liability associated with such an assertion, audit firms and management will probably need to spend significantly more time evaluating controls, particularly for engagements or audit areas with low reliance on controls (Gifford Howe, 2004). The expectation that audit firms would accept additional risk without doing additional work, and that they would perform the additional work without increased compensation. Conclusion The Sarbanes-Oxley act has provided negative and positive impacts to companies regardless of the size of the company. However, small companies are definitely being more deeply affected by the Sarbanes-Oxley Act in their pockets. The positive impact of compiling with Sarbanes-Oxley Act has provided standards and rules for organization that needed them. Even though Sarbanes-Oxley Act is not mandatory for private and non-profit organizations many are adopt Sarbanes-Oxley Act because of its positive benefits to the organization. Reference Aldhizer, G.R., III, Cashell, J.D., Saylor, J. D. (2003) Ten months later: Internal audit directors assess the impact of the Sarbanes-Oxley Act. Internal Auditing, 18(3), 3. Baker, R. L., Bealing, W. E., Jr., Nelson, D. A., Staley, B. A. (2006). An institutional perspective of the Sarbanes-Oxley Act. Emerald. Retrieved from May 15, 2006, from emeraldinsight.com/0268-6902.htm Bednarz, Ann. (2006, May 15). Sarbanes-Oxley: Too much for too little? Network World, 23(19) 1-2. Gifford, R. H., Howe, H. (2004). Regulation and unintended sequences: Thoughts on Sarbanes-Oxley. The CPA Journal, 74(6), 6-10. Hermanson, D. R. (2006). What to do about smaller public companies’ internal controls? Internal Auditing, 21(1), 41-43. Henry, D. (2006, June 12). A SarbOx Surprise. Business Week. Retrieved May 22, 2006, from http://0-proquest.umi.com.novacat.nova.edu/pqdweb?did=1051235551sid=1Fmt=3clientId=17038RQT=309VName=PQD Ismail, I. (2005, April 7). Raising awareness of Sarbanes-Oxley Act. New Straits Times, pp.04. Koehn, J. L., DelVecchio, S. C. (2006). Revisiting the ripple effects of the Sarbanes-Oxley Act. The CPA Journal,76(5),3. Savich, R. S. (2006). Cherry-Picking Sarbanes-Oxley. Journal of Accountancy, 201(6), 71-74). Research Papers on What is Sarbanes-Oxley ActThe Project Managment Office SystemTwilight of the UAWAnalysis of Ebay Expanding into AsiaMarketing of Lifeboy Soap A Unilever ProductDefinition of Export QuotasPETSTEL analysis of IndiaUnreasonable Searches and SeizuresIncorporating Risk and Uncertainty Factor in CapitalCapital PunishmentStandardized Testing

Human behavior Essays

Human behavior Essays Human behavior Essay Human behavior Essay After instinct theories were discredited, explanations for behavior shifted to needs. A need was defined as an internal state of disequilibrium or deficiency which has the capacity to trigger a behavioral response. The cause of the deficiency could be physiological, such as hunger; psychological, such as a need for power; or sociological, such as a need for social interaction. The presence of a need motivates an individual to action to restore a state of equilibrium, as shown . A basic assumption of all need theories is that when need deficiencies exist, individuals are motivated to action to satisfy them. One of the earliest theories of needs was the manifest need theory proposed by Henry A. Murray. Murray believed that needs are mostly learned rather than inherited and are activated by cues from the external environment. For example, an employee who has a high need for affiliation will pursue that need by associating with others only when the environmental conditions are appropriate. Only then would the need be manifest. When the need was not cued, the need was said to be latent or not activated. Murray identified a wide range of needs that people supposedly acquire to one degree or another through interaction with their environment. Murray first developed a list of fifteen needs that were classified as viscerogenic (primary) and psychogenic (secondary). The needs for food, water, sex, urination, defecation, and lactation, all associated with physiological functioning, are examples of Murrays viscerogenic needs. Murrays psychogenic needs include abasement, achievement, affiliation, aggression, autonomy, deference, dominance, and power. Murrays need categories attempted to focus on specific, relatively narrow need-related issues and a separate need was created for almost every human behavior. Murrays list of needs was not derived from empirical research but from his personal observations and clinical experience. Periodically he added additional needs to his list, and the length of the list increased with his career. Maslows need hierarchy Abraham Maslow was a clinical psychologist whose theory of motivation was part of a larger theory of human behavior. Maslow was a humanist who was deeply concerned about the dignity and worth of individuals. He frequently talked of the differences between healthy and unhealthy individuals, and believed that individuals had a positive capacity to improve the quality of their lives . His theory of behavior emerged from his clinical experiences as he was able to sift and integrate the ideas of other leading psychologist. Maslow formulated a hierarchy of five general needs. The term drive was first introduced by Woodworth (1918) to describe the reservoir of energy that impels an organism to behave in certain ways. While Woodworth intended the term to mean a general supply of energy within an organism, others soon modified this definition to refer to a host of specific energizers (such as hunger, thirst, sex) toward or away from certain goals. With the introduction of the concept of drive, it now became possible for psychologists to predict in advance-at least in theory-not only what goals an individual would strive toward but also the strength of the motivation toward such goals. A major theoretical advance in drive theory came from the work of Cannon in the early 1930s. Cannon (1939) introduced the concept of homeostasis to de- scribe a state of disequilibrium within an organism which existed whenever internal conditions deviated from their normal state. When such disequilibrium occurred (as when an organism felt hunger), the organism was motivated by internal drives to reduce the disequilibrium and to return to its normal state. Inherent in Cannons notion was the idea that organisms exist in a dynamic environment and that the determining motives for behavior constantly change, depending upon where the disequilibrium exists within the system. Thus, certain drives or motives move to the forefront and then, once satisfied, retreat while other paramount. This concept is also reflected in the works of Maslow. The first comprehensive-and experimentally specific- elaboration of drive was put forth by Hull. In his major work Principles of Behavior, published 1943, Hull set down a specific equation to explain an organisms impetus to Effort = Drive X Habit. Drive was defined by Hull as an energizing influence which determined the intensity of behavior, and which theoretically Habit was seen as the strength of relationship between past stimulus and response (S-R). Hall hypothesized that the resulting effort, or motivational force, was a multiplicative function of these two central variables. If we apply Hulls theory to an organization setting, the motivation to seek employment would be seen as a multiplicative function of the need for money (drive) and the strength of the feeling that been associated with the receipt of money in the past (habit). Later, Hull added an incentive variable to his equation. His later formulation thus read: Effort = Drive x Habit X Incentive. This incentive factor, added in large mea- sure in response to the attack by the cognitive theorists, was defined in terms of anticipatory reactions to future goals. Just as drive theory draws upon Thorndikes law of effect, so do modem reinforcement approaches (e. g. , Skinner, 1953). The difference is that the former theory emphasizes an internal state (i. e. , drive) as a necessary variable to take into account, while reinforcement theory does not. Rather, the reinforcement model places total emphasis on the consequences of behavior. Behavior initiated by the individual that produces an effect or consequence is called operant behavior (i. e. , the individual has operated on the environment), and the theory deals with the contingent relationships between this operant behavior and the pattern of consequences. It ignores the inner state of the individual and concentrates solely on what happens to a person when he or she takes some action. Thus, strictly speaking, reinforcement theory is not a theory of motivation because it does not concern itself with what energizes of initiates behavior.

Overview of Systemic Functional Linguistics

Overview of Systemic Functional Linguistics Systemic functional linguistics is the  study of the relationship between language and its functions in social settings. Also known as  SFL, systemic functional grammar, Hallidayan linguistics, and systemic linguistics. Three strata make up the linguistic system in SFL: meaning (semantics), sound (phonology), and wording or lexicogrammar (syntax, morphology, and lexis). Systemic functional linguistics treats grammar as a meaning-making resource and insists on the interrelation of form and meaning. This study was developed in the 1960s by British  linguist  M.A.K. Halliday (b. 1925), who had been influenced by the work of the Prague School and British linguist J.R. Firth (1890-1960). Examples and Observations SL [systemic linguistics] is an avowedly functionalist approach to language, and it is arguably the functionalist approach which has been most highly developed. In contrast to most other approaches, SL explicitly attempts to combine purely structural information with overtly social factors in a single integrated description. Like other functionalist frameworks, SL is deeply concerned with the purposes of language use. Systemicists constantly ask the following questions: What is this writer (or speaker) trying to do? What linguistic devices are available to help them do it, and on what basis do they make their choices?(Robert Lawrence Trask and Peter Stockwell, Language and Linguistics: The Key Concepts. Routledge, 2007)that language use is functionalthat its function is to make meaningsthat these meanings are influenced by the social and cultural context in which they are exchangedthat the process of using language is a semiotic process, a process of making meaning by choosing.Four M ain ClaimsWhile individual scholars naturally have different research emphases or application contexts, common to all systemic linguists is an interest in language as social semiotic (Halliday 1978)how people use language with each other in accomplishing everyday social life. This interest leads systemic linguists to advance four main theoretical claims about language:These four points, that language use is functional, semantic, contextual and semiotic, can be summarized by describing the systemic approach as a functional-semantic approach to language.(Suzanne Eggins, An Introduction to Systemic Functional Linguistics, 2nd ed. Continuum, 2005) Three Kinds of Social-Functional NeedsAccording to Halliday (1975), language has developed in response to three kinds of social-functional needs. The first is to be able to construe experience in terms of what is going on around us and inside us. The second is to interact with the social world by negotiating social roles and attitudes. The third and final need is to be able to create messages with which we can package our meanings in terms of what is New or Given, and in terms of what the starting point for our message is, commonly referred to as the Theme. Halliday (1978) calls these language functions metafunctions and refers to them as ideational, interpersonal and textual respectively.Hallidays point is that any piece of language calls into play all three metafunctions simultaneously.(Peter Muntigl and Eija Ventola, Grammar: A Neglected Resource in Interaction Analysis? New Adventures in Language and Interaction, ed. by Jà ¼rgen Streeck. John Benjamins, 2010)Choice as a Basic Sy stemic Functional ConceptIn Systemic Functional Linguistics (SFL) the notion of choice is fundamental. Paradigmatic relations are regarded as primary, and this is captured descriptively by organizing the basic components of the grammar in interrelated systems of features representing the meaning potential of a language. A language is viewed as a system of systems, and the linguists task is to specify the choices involved in the process of instantiating this meaning potential in actual texts through the resources available for expression in the language. Syntagmatic relations are viewed as derived from systems by means of realization statements, which for each feature specify the formal and structural consequences of selecting that particular feature. The term choice is typically used for features and their selection, and systems are said to display choice relations. Choice relations are posited not only at the level of individual categories such as definiteness, tense and number but also at higher levels of text planning (as in, e.g., the grammar of speech functions). Halliday often stresses the importance of the notion of choice: By text . . . we understand a continuous process of semantic choice. Text is meaning and meaning is choice (Halliday, 1978b:137).(Carl Bache, Grammatical Choice and Communicative Motivation: A Radical Systemic Approach. Systemic Functional Linguistics: Exploring Choice, ed. by Lise Fontaine, Tom Bartlett, and Gerard OGrady. Cambridge University Press, 2013)

Lower Leg Ulcers Essay Example | Topics and Well Written Essays - 1750 words

Lower Leg Ulcers - Essay Example Venous ulcers, often referred to as stasis ulcers or varicose ulcers, are wounds occurring on the legs due to improper functioning of venous valves. Referring to a research organized by Weller, Ademi, Makarounas-Kirchmann and Stoelwinder (2012), venous ulcers are the main causes of chronic wounds that constitute 70-90% of leg ulcer cases. The authors indicate that it develops along the medial distal legal mainly and this medical condition can be very painful. Venous ulcer is the major cause of lower extremity ulceration and it is growing to be a potential health issue in Canada. In their article titled ‘Diagnosis and treatment of venous ulcers’, Collins and Seraj (2010) say that endothelial damage, intracellular edema, platelet aggregation, and inflammatory processes resulting in leukocyte activation are the major identified causes of venous ulcers. The authors add that older age people and individuals with obesity, venous thrombosis, previous leg injuries, and phlebitis are greatly prone to the risk of developing of venous ulcer. Collins and Seraj point out that venous ulcers seem to be irregular and shallow in physical examination and they are mainly located over bony prominences.  Ã‚  Ã‚  Ã‚  Ã‚   Studies indicate that the chance of developing venous ulcers in Western population is relatively high and 10-20/1000 adults in the Western world are likely to be diagnosed with venous ulcer at some point in their lifetime. In order to evaluate the status of venous ulcers in Canada, a group of researchers including Graham., Harrison, Shafey, and Keast (2003) organized a study about various issues concerning this medical condition. For this, the researchers collected responses from physicians who were members of the College of Family Physicians of Canada. Among the participants, 107 physicians reported that 226 patients had been diagnosed with leg ulcers but only a few had undergone ultrasound assessment. When 16% of physicians were confident about man aging this complex medical condition, a vast majority (61%) reported that they were not knowledgeable about wound-care products. The researchers noted that over 50% of the participants were unaware of the fact that compression could be an effective treatment for venous ulcers. Referring to the study, the researchers listed a number of issues negatively affecting venous ulcer management. First, physicians often failed to deal with venous ulcer care effectively due to lack of evidence-based clinical practice guidelines. In addition, lack of evidence-based protocols in home care agencies also contributed to inefficient disease management. Finally, poor communication among health care providers and restricted access to wound-care produc

Assigment #2 Creating youir dream job Essay Example | Topics and Well Written Essays - 1500 words

Assigment #2 Creating youir dream job - Essay Example e increasing technological exposure, every graduate wants to be a part of the successful and drastically boosting Information Technology Organizations. The impacts of technology in our society are so clear that no one can deny the fact that we humans are now totally technologically dependent. Students in the universities are not only choosing this field of science, but they are also pursuing their own research in this particular field. There are several huge companies that are competing in this field. The list is endless from Super Laptops by Dell to the micro-chip designs by the Fabless Company. My dream job is the job of the analyst software engineer in a leading oil and gas company. The combination of the software technology and the oil and gas sector is a rare one, but if we look deep into both fields, the relation gives birth to several new, challenging opportunities. These opportunities will help boost the learning process in both fields simultaneously. The combination of the software technology and the field-based job is fascinating. Normally the software engineers sit in air conditioned offices and pursue designing most of the time. In the field-based job, the engineer will be able to learn and implement the advance theories of information technology in relation to the oil and gas field. The field-based analyst software engineer will be assigned many duties. The job mainly comes under the supervision of the company’s managing director. In some urgent cases the engineer can report directly to the director. The analyst software engineer can have a group of technical trainees. The main responsibility of the analyst software engineer is to invent the technology tactics and several code-based applications that are relevant to the field operation. Challenges: The engineer can face several challenges while working in the field. Some of them can be the automation of the field computers and the development of proper technology infrastructure within the remote

File Systems sed by Windows Essay Example | Topics and Well Written Essays - 750 words

File Systems Used by Windows - Essay Example In a more generalized format, these are a set of non-figurative data types, put into practice to serve the purposes of storing, the formation of hierarchies, maneuvering, routing, admittance, and reclamation of data. The File System that is supported by nearly all the versions released of MS Windows is File Allocation Table (FAT). It was an advanced version of what MS used in Disk Operating System (DOS) – the operating system launched by MS prior to Windows. FAT included several features and had much more to offer to its customers through Windows than its previous versions did. On a general note, many further features have been added to it making it a further enhanced file system; these features have been derived mainly from UNIX. The other file system used by Windows is Net Technology File System (NTFS), alongside the previously mentioned FAT system. FAT has a lengthy history against its name; its previous versions were known as FAT12 and FAT16 that had a number of constraints reducing the level of its performance. The first and the foremost major constraint was a limit on file name i.e. 8 characters, and then there was also a restriction on the extension characters utilized and that was 3 characters. These two restrictions were bundled together by the name of 8.3 filename limit. Microsoft then introduced VFAT which was essentially an advanced version of both FATs i.e. FAT12 and FAT16 in the NT 3.5 version of Windows. This version was also a part of the Windows 95 version launched by MS; it essentially permitted the utilization of Long File Names (LFN). Another version of FAT introduced was FAT32; it did address a number of constraints that were present in 12 and 16 FATs respectively, but yet it had issues that needed repair work.

Cathay Pacific Portfolio Essay Example | Topics and Well Written Essays - 2000 words

Cathay Pacific Portfolio - Essay Example During a research carried out by global Skytrax Research poll carried in population of 4.4 million travelers, it lead to an award to Cathy Pacific for being considered the best airline (Exter & Tamara, 2012). In the following year, it was also awarded with another award for being the best airline Europe and best airline Transpacific for two consecutive years. Cathy Pacific Airlines of UK was founded in 1946 by Roy Farewell a businessperson as well as a pilot and Sydney de Kantzow an adventurous pilot operating Calcutta, Burma and Chungking (Lasok, 1998). Earlier, during the Second World War, the duo was flying to shanghai with a DC-3. Later, the British colonial government demanded that they officially register their company in order to operate Hong Kong. It was on the 24th of September that the two entrepreneurs registered their company by the name Cathy Pacific Airways Corporation. It was though the registration of Cathy Pacific that Roy Farrell import and export Company was formed . The purpose of forming Roy Farrell Import-Export Company was to undertake tax issues; they would also lease aircrafts from the Cathy Pacific Airlines. By the end of one year after its formation, Roy Farrell had possessed a second DC-3 and had ferried over 3000 passengers and an estimated cargo of 15000 kilograms from Australia and Asia. Cathy Pacific’s growth was rapid because in 1947, the airline had acquired an additional five DC-3 and another two smaller aircrafts (Catalina Fling boat), this enabled them to extend their operations to Macao towards the southern China. In 1948, Cathy Pacific had acquired a 45% market share in the airline industry. In 1962 to 1967, the airline’s growth was rapid; this made them enjoy its spectacular growth. The huge profits that they realized brought in the first international services in Osaka, Nagoya and Fukuoka in Japan. In late 1970s, the airline had expanded its services to other parts of Europe and North America. In mid 1980, t he airline was moving to London, Frankfurt, Amsterdam, Brisbane, san Francisco, Vancouver, Zurich, and Manchester. In 1990s, Cathy Pacific assembled the youngest fleets in the world. For the last five years, Cathy pacific has improved drastically in terms of carriage per annum. In 2008, it carried 13, 066, 011 passengers and 4046 tons of cargo. In 2009, it carried 37, 683, 812 passengers and 32, 128 tons of cargo. In 2010, it increased to 122, 544, 546 passengers and 111, 234 tons of cargo. This is a clear indication that Cathy Pacific is growing rapidly (Malcolm et al., 2013). This is because it was established long time ago thus making them to secure a larger market share. In addition, its long service has demonstrated its capabilities to carry even more passengers and cargo as time goes by. The future of Cathy Pacific seems exciting. The airline’s expectations are that they should have bought 100 aircraft by the year 2020. They will also introduce a third runway in Hong Ko ng, which is an international airport. Cathy Pacific substantial investment is to build their cargo terminal at the airport. They also plan to nurture catering, ground handling companies, aircraft maintenance and corporate headquarters at UK. Vision The vision of Cathy Pacific airlines is â€Å"To be the leading airline in the world†. this means that they should strive to excel in all they do. Objectives The main objectives of Cathy Pacific as set by the company management include: To ensure that customers are well served and satisfied To

Personal Statment Essay Example | Topics and Well Written Essays - 500 words - 1

Personal Statment - Essay Example He always seemed to know how to help one of us feel better whenever we were sick and was so knowledgeable about how different medications we were each taking might interact with other medicines or herbal remedies my mother might be trying. I remember thinking how smart and intelligent he was. I could see that it probably took a great deal of creativity to understand the various medications on the market and how they might interact with each other. He had to constantly study to remain updated on the latest drugs coming out on the market, which indicated to me that his job was challenging and exciting. Yet it wasn’t until I actually had the opportunity to start working with my uncle that I truly began to appreciate the depths of the job. Beginning in the summer of 2006, I started working with my uncle at his pharmacy. More than simply being aware of the various forms of medications that were on the market, my uncle had to know about the main properties of the herbal remedies people will often take as a substitute to medicine, particularly when they can’t afford doctors. He also had to be able to answer a tremendous number of questions that the patients would ask about their medications, about possible side effects, about the other things they’d like to try and about things completely unrelated to the illness for which they were picking up medicine. It was my uncle’s pride and privilege to be able to help these people and become their friend. Through the relationship he built with them, my uncle was able to help many people avoid potentially dangerous mistakes and I was certain that this was the field for me. I can’t imagine anything more rewarding than being a pharmacist. Working toward this goal, I spent three summers working with my uncle in his pharmacy in order to help me gain real-world experience and knowledge regarding what it truly means to be a pharmacist.

Cathay Pacific Portfolio Essay Example | Topics and Well Written Essays - 2000 words

Cathay Pacific Portfolio - Essay Example During a research carried out by global Skytrax Research poll carried in population of 4.4 million travelers, it lead to an award to Cathy Pacific for being considered the best airline (Exter & Tamara, 2012). In the following year, it was also awarded with another award for being the best airline Europe and best airline Transpacific for two consecutive years. Cathy Pacific Airlines of UK was founded in 1946 by Roy Farewell a businessperson as well as a pilot and Sydney de Kantzow an adventurous pilot operating Calcutta, Burma and Chungking (Lasok, 1998). Earlier, during the Second World War, the duo was flying to shanghai with a DC-3. Later, the British colonial government demanded that they officially register their company in order to operate Hong Kong. It was on the 24th of September that the two entrepreneurs registered their company by the name Cathy Pacific Airways Corporation. It was though the registration of Cathy Pacific that Roy Farrell import and export Company was formed . The purpose of forming Roy Farrell Import-Export Company was to undertake tax issues; they would also lease aircrafts from the Cathy Pacific Airlines. By the end of one year after its formation, Roy Farrell had possessed a second DC-3 and had ferried over 3000 passengers and an estimated cargo of 15000 kilograms from Australia and Asia. Cathy Pacific’s growth was rapid because in 1947, the airline had acquired an additional five DC-3 and another two smaller aircrafts (Catalina Fling boat), this enabled them to extend their operations to Macao towards the southern China. In 1948, Cathy Pacific had acquired a 45% market share in the airline industry. In 1962 to 1967, the airline’s growth was rapid; this made them enjoy its spectacular growth. The huge profits that they realized brought in the first international services in Osaka, Nagoya and Fukuoka in Japan. In late 1970s, the airline had expanded its services to other parts of Europe and North America. In mid 1980, t he airline was moving to London, Frankfurt, Amsterdam, Brisbane, san Francisco, Vancouver, Zurich, and Manchester. In 1990s, Cathy Pacific assembled the youngest fleets in the world. For the last five years, Cathy pacific has improved drastically in terms of carriage per annum. In 2008, it carried 13, 066, 011 passengers and 4046 tons of cargo. In 2009, it carried 37, 683, 812 passengers and 32, 128 tons of cargo. In 2010, it increased to 122, 544, 546 passengers and 111, 234 tons of cargo. This is a clear indication that Cathy Pacific is growing rapidly (Malcolm et al., 2013). This is because it was established long time ago thus making them to secure a larger market share. In addition, its long service has demonstrated its capabilities to carry even more passengers and cargo as time goes by. The future of Cathy Pacific seems exciting. The airline’s expectations are that they should have bought 100 aircraft by the year 2020. They will also introduce a third runway in Hong Ko ng, which is an international airport. Cathy Pacific substantial investment is to build their cargo terminal at the airport. They also plan to nurture catering, ground handling companies, aircraft maintenance and corporate headquarters at UK. Vision The vision of Cathy Pacific airlines is â€Å"To be the leading airline in the world†. this means that they should strive to excel in all they do. Objectives The main objectives of Cathy Pacific as set by the company management include: To ensure that customers are well served and satisfied To

Case Study Wk7 Essay Example | Topics and Well Written Essays - 750 words

Case Study Wk7 - Essay Example i.e 1,000,000. The duration of the television campaign will be one month, three times a week, shown before the most preferred shows like soap operas, the newspaper campaign will last one month, it will appear on Sunday newspapers, the magazines campaign will last one month and the print advertisement will appear to men and women magazines, the radio spots campaign will last 22 days and it will appear during the afternoon news and finally, the billboards campaign will last 23 days and it will be shown on the main roads of the city. The goals of the media campaign will be reaching as many people of the targeted audience as possible. Therefore radio and TV as well as newspapers and magazines are used. The main focus will be on the first three months of the year since it is the period when people decide to buy more clothes (sales period). The targeted groups watch mass media. The print advertisements in the magazines will be set in the last page whereas in the newspapers the print advertisements will be set at the life style section. Television spots will be shown before soap operas and radio spots will be played during the afternoon news when most of the people are on the road. Spot Thompson is the advertising company that provides the company with useful statistics regarding the target groups. The statistics concern the TV and Radio shows that the target audience prefers the newspapers and magazines that it reads etc. The media plan is based on the date that Spot Thompson has provided to the

Various ways a student can pay for his education Essay Example for Free

Various ways a student can pay for his education Essay Pursuing education may be expensive, but the cost incurred during one’s education may be offset by the rewards resulting from education, which are usually long-term. Various factors determine the amount spent in education, especially college education. For instance, the level of education, type of college, and the total number of courses an individual is taking. Though there are various programs, which for education, timely saving for our education remain to be a very good start. There are several ways and payment options a students may use in order to cater for their education expenses as well as other expenses that may be incurred in the course of his or her education. For instance, through the award process of financial aid, universities and the federal government offer financial assistance to the needy. Several ways which one can use to finance for his higher level education include the following; The plan of monthly payment which is interest-free and can help one to manage his or her expenses of education by allowing one to pay tuition over several months course rather than paying lump sum amount at one time. This makes it easy for a person to pay for the education finance since it can reduce the amount one want to borrow and thus saving your money. The enrollment fee is low and there are no charges to this plan of monthly payment. This is also an effective way of paying education finances since it has different ways of payments which include: the credit card, money order, check or e-check. Other way students can pay for their education is through tuition assistance provided by the employer. Many organizations and companies offer programs of tuition assistance to their employees so as to retain them and also develop their skills and knowledge. For students who are employees of federal government or who are service member of active-duty have a chance of being eligible for assistance of tuition. A student may request his supervisor, representative of human resource or the personnel in education office as to whether benefits of tuition may be available to him or her. If the tuition benefit is available, then the student should register and pay his education bill using the tuition assistance by employer. A student may also be catered for his or her education bill by a scholarship. Scholarships are usually awarded to needy students who achieve high academic excellence, especially in high schools. Scholarships are prized highly since they represent financial aid form, which does not need to be repaid back. Both university and state, and federal scholarships are being awarded through process of financial aid. Scholarships are more often awarded on basis of financial need and academic performance. Students can also be considered if they apply for scholarship programs of such as coveted legislative scholarships. Scholarships awards by universities and colleges are based on several criteria which include financial need, academic achievement, and enrollment in a certain academic area or degree program. Furthermore, universities offer other several other programs of special scholarships for the college graduates and also for the military personnel, dependents and spouses. Student can pay for his education bill by the federal loans. As is in the case of several students, one may be in need of additional financing so as to supplement his or her savings, scholarships awards or grants. Many packages of financial aid usually offer aid in form of the federal loans. The federal loans have advantage since they offer interest rates which are low and repayment plans are flexible. Students may also be paid for their education finances by scholarships which may be awarded by organizations or companies. Several companies offer scholarships for artists, academic, athletic achievers among others. Interested students may apply for such scholarships and may be awarded. They may search those scholarships through the online search engines. Students may also choose to apply for private loans as a supplement to the federal loans so as to cater for their education bills. A student may find loan programs or lenders who offer repayment terms and interest rates which are reasonable. Grants are another means which a student may use to finance his or her higher education. Grants are financial awards which do not need to be paid back. Grants usually vary and depend on need level and enrollment status of the student. There are grants which are designated for students who are undergraduates only and they include the grants of federal pell, federal educational opportunity supplemental grants, and the part-time Maryland grants. Students can also pay their education bills through the earnings they get from the job opportunities provided the program of federal work-study. Amount awarded tend to vary according to the students need of finance and also fund availability. The work study is paid biweekly and students are paid according to number of worked hours. In conclusion, students have several means of paying their education bills and thus no student should stop learning due to lack of finance to cater for his or her education finances. References Oklahoma Higher Education. (2010). Financial Aid: Managing the cost of college. Retrieved July 24, 2010, from http://www. okhighered. org/student-center/financial-aid/

An Overview Of Learning Three Theoretical Perspectives Education Essay

An Overview Of Learning Three Theoretical Perspectives Education Essay There are myriad perspectives on the learning process, understanding the mechanisms of and our understanding of learning as theory and the practical application of methodology has evolved considerably over time. Each theory contributes to our understanding of how learners integrate information and experiences from their environment. This has implications for individual growth and also for institutional policy and practice. In this paper I will review three theoretical perspectives on learning, namely the Constructivist/Cognitivist perspective, the Phenomenographic perspective, and the Socio-cultural perspective, I will describe the salient features and characteristics of each theory, and compare the similarities and differences across perspectives. This will include a discussion of how learners access information, make sense of that information, and act on it in deliberate and purposeful ways as a means of engaging with the world. From there I will investigate what these learning theories emphasize or give relevance to the concepts of context, meaning, and experience. The various perspectives each have something to say about the relationship between context, meaning, and experience as they relate to learning, however the importance of these core concepts differs in how each theory conceptualizes learning, and the importance of the role of context, meaning, and experience. Finally , I will conclude with examples that bring these perspectives to life in my everyday experience, and I will bind these theories together within a cohesive understanding of learning and education as it relates to the interrelationship of the concepts of intrinsic motivation, variation, and transfer. Three theoretical perspectives on learning There are numerous theories of learning, each emphasizing a particular feature of the learning experience. Various theories of learning also describe learning in different ways depending on the viewpoint of the observer. Each theory emphasizes ideas related to context, meaning, and experience in different ways as they relate to learning, both from the perspective of the learner and from the instructor/teacher/coach/mentor. Constructivist/Cognitivist Perspective Objectivity is the delusion that observations could be made without an observer (von Foerster, 1995, pg. 5) The Constructivist theoretical orientation holds that knowledge is acquired experientially, is mediated by our prior understanding, and is based on the belief that we learn by doing rather than observing, and that knowledge is built upon previous learning. The essential core of constructivism is that learners actively construct their own knowledge and meaning from their experiences (Doolittle, pg 1) Piaget was primarily concerned with cognitive constructions that occurred as a result of interactions with Constructivism emerged from early studies of learning, behaviour, and psychoanalysis, and the behavioural viewpoints of Watson, along with Kohler and Koffkas Gestalt psychology. (Tools pg. 7) Constructivism as theoretical understanding exists along a continuum from weak to strong forms constructivism This is an adaptive process whereby behaviours evolve to meet the changing demands of the environment, and cognition serves to makes sense of subjective experience. (Doolittle, 1999, 1) Constructivism emerged from schools of behaviourism and objectivism, which held that there was a knowable objective reality that existed independent of the individual. Constructivism takes the view that meaningful personal experience is the basis of knowledge and learning. Individuals construct meaning within a context of personal experience that is rooted in language, culture, and the social experiences of each individual. There can be no objectively verifiable truth or knowledge within constructivism, as each individual brings a unique perspective grounded in their own previous knowing. Much of this knowledge is tacit and resides in the implicit memory of the learner, but it exerts its influence and acts as a filter through which the individual sees new information and relates it to their understanding of the world. Knowledge and thus learning is constructed within the mind of the individual. Constructivism rejects the notion of an objective and knowable reality independent of the observer, and holds that knowledge of the world is constructed through the active cognitizing on the part of individuals. Constructivism rejects the notion of an oberver-independent world in favour of knowledge reflecting the subjective realities of the observer. (Glaserfeld, 1989, p. 3) Knowledge is not a representation of reality, but instead a collection of conceptual structures that turn out to be adapted or, as I would way, viable within the knowing subjects range of experience. (Glaserfeld, 1989, p. 4) Within Cognitive constructivism (explanation of scheme theory, accomodation, assimilation). Cognitive constructivism adheres to models of knowledge construction that consider the role of memory, cognitive constructs, and schemas without considering fully the subjective nature of knowledge as resident within the mind of the subject. Knowledge in this sense implies an internal representation that accurately reflects an observer-independent external reality. (Doolittle, 1999, 2) Radical constructivism differs from cognitive constructivism by advancing the idea that learning is an adaptive process, and that it is observer-dependent and resides in a fluid and dynamic cognition that considers the subjective experience of knowledge construction. Radical constructivism, like social constructivism, also accepts social interactions as informing knowledge construction. Social constructivism takes the view that social interactions contribute to knowing, and views the social and cultural context as anchoring knowledge to a specific time and place. (doolittle pg 4) These various perspectives exist on a continuum, however the most fundamental understandings are shared. We all hold memories of previous experiences; those collected memories and experiences, both tacit and explicit, become the lens through which we view our current unfolding reality. Emerging evidence within the realm of neuroscience and interpersonal neurobiology may predict further homogenization of constructivist philosophy and understanding. Interpersonal neurobiology views the brain as a social organ built through experience. This insight shifts Cognitive Constructivism further along the continuum in the direction of radical and social constructivism by lending supporting evidence to the two remaining epistemological tenets, namely that cognition organizes and makes sense of ones experience, and that knowing has roots in both biological/neurological construction, and social, cultural, and language-based interactions. (Doolittle, 1999) Learning is transactional, with experience influencing cognitive construction and the pliable cognitive constructions influencing our experience in a duality of experience and subjective reality. As Carr states, the growing body of evidence makes clear that the memory inside our heads is the product of an extraordinarily complex natural process that is, at every instant, exquisitely tuned to the unique environment in which each of us lives and the unique patterns of experiences that each of us goes through. (Carr, 2010, p. ) Carr recounts some of the current research on memory and experience, and expands on the idea that our brain structure continuously changes with experience; brain plasticity, the growing and pruning of synaptic connections over time, changes our very memories and our recollections of experience based on new experiences. (Carr, 2010, p. 190) Researcher Kobi Rosenblum further describes how memory, which in a sense is our recalled experience, can be a pliable and moving target. As he explains, ..the human brain continues to process information long after it is received, and the quality of memories depends on how the information is processed. (Carr, 2010, p. 191) Meaning within Cognitivist/Constructivist Perspective Meaning as significance for each perspective, but it is integral to an understanding of constructivism. Meaning is central to the intentionality of learners; relevance and meaning enhance a learners ability to relate with their world. It also relates to concepts of motivation as it relates to a learners sense of agency and engagement with their experience, ad it highlights the importance of culture and language as social mediators of learning The importance of these memory mechanisms to the development of cognitive psychology is that, once understood, they make it very clear that a persons ability to remember items is improved if the items are meaningfully related to each other or to the persons existing knowledge. The key word here is meaningful.Wynn pg.4 What is meaningful to people is determined by what they can remember of what they have already learned. Wynn pg 4 Opportunities for learning within a constructivist framework occur most readily when what is being learned has relevance or high emotional valence for the learner; in other words when information or experiences are meaningful. In order for learning to be meaningful it should be relatable to previous knowledge and experience. This building-block model of knowledge and experience is entirely consistent with a learner as meaning-maker. The implications for teaching and educational pedagogy are that tasks that have meaning and relevance tend to be of greater intrinsic interest to learners. Research on the experience of learning speaks to the importance of meaning as it relates to knowledge construction, and speaks of the importance of autonomy, agency, choice, and collaboration in driving our instrinsic motivational desires to engage in meaningful tasks, remember and recall information, self-organize, and be curious. A learning context rich in meaning is crucial. Context within Cognitivist/Constructivist Perspectives Learning occurs most successfully at the intersection of a learners previous knowledge of the world and the experience of socially mediated interactions with others, and is influenced by all accumulated social and cultural experiences. (Bodrova Leong, 2007, p. 9) The context for learning resides within the experience and imagination of the learner, and is rooted in prior experience and is mediated by teachers/facilitators and the ecological setting or context. Within this learning context, Feuerstein describes the role of mediation. The mediator creates in a person an approach, a form of reference, a desire to understand phenomena, a need to find order in them, to understand the order that is revealed, and to create it for oneself. (Feuerstein, Feuerstein, Falik, 2010, p. 37) Mediators can take many forms, but they share in common an ability to potentiate a learners ability to benefit from learning experiences. In the absence of a mediator, even in cases where individuals acquire knowledge, they may not understand its significance. (Feuerstein et al., 2010, p. 37) Experience within Cognitivist/Constructivist Perspectives As learners construct their own experiential reality within a social and cultural context, the dyadic interactions that unfold imply a degree of collaboration and engagement with learning that is intrinsically motivated by a meaningful context within which learning occurs/unfolds. Collaborative learning is by its nature socially constructed learning, where the interest of learners is central, meaningful, and contextual. Decontextualized learning by contrast lacks a sense of connection to the experience of learning. Prior experiences of learning are diminished when there is no meaningful context, and authentic experiential learning suffers. When choice around structure and content is collaboratively negotiated, learners are granted a level of autonomy around how and what they learn, and experiences that are meaningful place learning within a context more suitable to the learning style, goals, and priorities of the learner. Kohn emphasizes these conditions of collaboration, content, and choice, as creating the conditions necessary for authentic and intrinsically motivated learning to emerge. (Kohn, ) Phenomenograpy/Variation Theory There is no learning without discernment. And there is no discernment without variation. (Marton, Trigwell, 2000) The theory of phenomenography is connected with the study of human experience, particularly as it relates to educational research. Phenomenography examines thinking and learning within the context of educational research, and seeks understanding of the different ways in which people experience, interpret, understand, perceive, or conceptualize a phenomenon, or certain aspect of reality. (Orgill, ) Marton defines phenomenography as a qualitative research methodology, within the interpretivist paradigm, that investigates the qualitatively different ways in which people experience something or think about something (Marton, 1986). One of the key epistemological tenets related to Phenomenographic theory relates to concepts of variation, discernment, and transfer. Marton postulates that in order for learning to occur, there must necessarily be a pattern of variation present to experience, and this pattern must be experienced. (Marton, variation, pg.1). In order for learning to occur, learners must experience a wide range of variation in experience, with sameness or similarity contributing little to our understanding of experience. Variation and difference create a broader context for understanding experience, and also expand our repertoire when encountering novel situations or circumstances. This transfer of learning is integral to variation theory and a key underpinning of phenomenography. Experiencing difference or variation may be likened to experiences of cognitive dissonance within constructivist models of learning, where an individual experiences dissonance and a perturbation and must adjust their conception of this new information within their existing paradigm. How we categorize, makes sense of, or identify with that difference relates to our discernment skills. Discernment allows a subject to see or sense an experience against the background of his or her previous experiences of something more or less different. ( Marton, pg.386). In essence, as subjects experience greater variation they become more attuned to increasingly subtle differences between the physical, cultural, symbolic, or sensual world that they inhabit. (Marton, pg 386) Every phenomenon that is experienced only in contrast to alternate experiences of the same phenomenon (marton, pg 387) The implications for pedagogy center on the manipulation of the objects of variation in order for learners to experience variation, become adept at discerning, and transfer learning across situations. Excellence in teaching has very much to do with what aspects of the object of learning are subjected to variation, and what aspects of the object are subject to variation simultaneously. (Marton, pg. 391) Subjects learn to manage novelty as a result of having experienced novelty through variation. (Marton, pg. 394). Transfer is concerned with how what is learned in one situation affects or influences what the learner is capable of doing in another situation. (Marton, pg. 499) Meaning within Phenomenographic/Variation Theory Perspective Context within Phenomenographic/Variation Theory Perspective A concept that illuminates ideas of context within the phenomenographic perspective relates to concepts of situated learning. Situated in this instance refers to what surrounds the learning event; that is, to the socially constructed life-world in which a particular instance of learning occurs. (Sameness in transfer, pg. 511) Sameness and difference in learning and experience are acknowledged, however the extent to which we can make use of something we have learned in one situation to handle another situation is a ma Conclusion Learning is not simply acquiring new information and storing it on top of the information we already have. It involves meeting something unexpected (what might describe as a perturbation), something that cannot be easily explained by those theories or understandings we have already developed. To resolve that conflict we have to change what we previously believed (kohn, pg 187) This explanation is the tie that binds constructivism, variation, theory and scheme theory to social learning, along with ideas of motivation and personal agency.

Alcoholism :: essays research papers

Alcohol is the intoxicating part of beer, wine and liquors-the part that causes drunkenness. It is formed during fermentation, the process that creates the alcohlolicbeverage. When sugars from the fruits or grains are combined with yeast and water, alcohol results. Alcohol is a drug and, like all drugs, it has an effect on a person’s body and mind. Because drinking alcoholic beverages makes some people feel more alive and more outgoing, alcohol is sometimes seen as a stimulant. But in fact it is a depressant, and slows down the central nervous system, of which the brain is a part. Small amounts of alcohol can affect a person’s coordination and judgment. Drinking a large amount of alcohol at one time can even cause death. Alcohol is estimated to be contributing factor in 20-30% of all accidents. In fatal car accidents involving young men after 10pm it is a contributory factor in 60% of these cases. About 30% of all drowning are estimated to be alcohol related. This propo rtion may rise to 50% between the ages 20-30. Alcohol is also a poisonous. It must be broken down and removed from the body. However, it leaves behind toxins, or poisons, that can cause health problems and contribute to serious diseases. Beer contains the least amount of alcohol, about 3-6%. Wine is 8-14 percent alcohol. Distilled spirits have a much higher alcoholic content. The alcoholic content of gin, scotch, vodka, whiskey, rum, and bourbon is about 40%. When alcohol enters the body this is what happens. Within 20 minutes of entering the stomach, as much as 20% of the alcohol in a drink is absorbed into the bloodstream. The rest remains in the stomach where it stimulates the secretion of gastric juices. Large amounts of alcohol entering an empty stomach can irritate the gastric lining and cause the stomach to become inflamed. From the stomach, the alcohol passes into the small intestine. Here the rest of it is absorbed through the intestinal wall into the bloodstream. From the bloodstream, about 5 percent of alcohol leave the body unchanged through urine, sweat, or exhaled breath. Next the alcohol travels via the bloodstream to the heart. Small amounts of alcohol produce a slight increase in heart rate and blood pressure. Larger amounts reduce pumping power of the heart and can cause an irregular heartbeat. The heart then pumps the alcohol through the blood vessels to other parts of the body, including the brain.

Macroeconomics Economics Commentary †patterns in America’s unemployment statistics Essay

Unemployment is defined as â€Å"individuals who are actively seeking for a job but cannot find one.† The rate of unemployment however is the number of employed individuals expressed as a proportion of the labour force. During the recent 2010 recession, the United States (US) faced an incredibly large unemployment rate. Despite the fact that America has mostly recovered from the recession, some sectors of the American economy have not yet left the ‘recessionary zone.’ In this article, the dilemma of American teenagers and blacks discrimination is discussed. The statistics given from the article demonstrate a decrease in the rate of unemployment within the American economy. This is illustrated in the graph below as we can see the aggregate supply of labour closing the gap between itself (in blue) and the aggregate demand in order to achieve market equilibrium. Statistically, this improvement can be seen by the drop in unemployment figures from 9.4% in December 2009 to 9.4% one year later in December 2010. Analysing the situation, numerous factors could have resulted in this dip. Primarily, gender discrepancy should be taken into respect. Females dominated industries have increased in size such as education and healthcare industries. Supporting my analysis, the rate of unemployment for women minimally fell by 0.1% unlike their male counterparts whom suffered greater losses. Males as a result saw a greater decrease in their unemployment percentages, falling by 0.8% in comparison to the female’s 0.1% probably due to discriminating reasons, academic motives or other social aspects. Another yet the most principle core dispute raised in the article is the fact that blacks and teenagers are being discriminated suffering from the highest rates of unemployment. Teens topped a high unemployment percentage of 25.4% whilst blacks a little lower tallied at 15.8%. Logically this makes sense for teenagers (assuming they are in the job searching range of 16 to 19 years old), in this age group most teenagers have had little professional experience as emphasis is placed on completing their high school diploma, meaning that the labour force is fundamentally less productive as these teenagers would have no or relatively no real previous real work experience in comparison to an elder person making them less appealing to employers. A growing number of teenagers choose to work as servers/waiters as a consequence of preference and taste for the job yet more importantly, due to their lack in qualifications to work in offices and large firms. As laws enforcing compulsory education up to a certain age become stricter and a higher number of adolescent individuals choosing to complete their studies exists, these individuals are not counted in the ‘pool of unemployment’ as they do not wish to have a job at that moment in time. By estimating, blacks who seem to comprise largely of adults seem however to be facing discriminatory reasons resulting in their rather high unemployment rate. America could modify a few of its structural policies in order to circumvent such dramatic results if a recession were to occur again. Firstly, better and wider training programmes in all academic fields should be offered to students at schools. If the education became more flexible, offering courses in a wider range of subjects, the creation of a possibly more productive workforce is probable and more importantly, having acquired many skills and talents, these teenagers would be capable of finding new jobs in case of a structural change in the economy that demands different skills. Another policy could be to fundamentally ensure that every teenager is granted some type of access to good education/training programme. Lastly, as teenagers in school are not recorded as part of the unemployment rate, the rate of unemployment could be reduced if the government were to provide some type of incentive for teenagers to go back to/attend school. Not only would this reduce unemployment figures in the short run, it would mean that these same teenagers will be capable to offer society much more as they would have gained professional qualifications According to Alicia Robb,†Asians are the most educated, so when you have the largest pool of workers, employers are going to pick the most qualified† Robb’s statement explains the situation of the Asian race, having suffered the lowest increase in unemployment yet highest fall un unemployment figures from 8.4% in December 2009 to 7.2% a year later. Recently, a voluminous amount of Asians have flocked to the United States. Not only do they usually obtain higher qualified or greater work experience but Asian labour has been branded to be relatively cheap lowering a firm’s total costs, increasing profits. The later generation of these Asians (20 – 30 years old) are thus already qualified enough due to the development in America after 1980s and most of them are employed in good companies and are very well paid now. The young generation of Asians, which are contributed to the teenagers are now concentrating on education in America and most of them would go back to their countries after graduating.