Industrialization by Invitation

Industrialisation is the process of social and economic change whereby a social group is transferred from a manual labor based structure to a more technologically driven society and where the economy gains much more capital via manufacturing industries. Caribbean economies have been labeled as weak and dependent, and controlled by stronger foreign states and institutions (The Plantation Economy). Sir Arthur Lewis, St. Lucia? s first Nobel Prize winner, has released several publications on the issue of underdeveloped nations in the Caribbean and solutions to correct this underdevelopment.Of these publications is the concept of ? Industrialisation by invitation?. Lewis felt that this was a step needed to be taken for the British West Indies to develop. Sir Arthur Lewis policy aided in the development of the B. W. I but the policy itself also hindered development as well as left out major aspects of development. After Lewis studied the system known as Operation Bootstrap (policy of deli berately inviting foreign direct investors) in Puerto Rico, he set out to adopt and implement similar in the British West Indies.The economies of the British Caribbean were mainly agricultural and there was a need to stimulate industrial growth and trade in manufactured goods, to diversify the economic base, since these economies were mainly monocrop economies. This term not only refers to the dependence on sugar and bananas, it also characterizes the dependence on tourism or the oil industry. Lewis therefore proposed the strategy to invite foreign investment as a way to stimulate growth, not only in industry but also agriculture, and therefore to reduce the dependency on the export sector.He reasoned that the British West Indies had a great abundance of unskilled labour in agriculture and amongst the unemployed. These countries did not have much capital. Thus multinational corporations (MNCs) with millions of dollars at their disposal were to be invited to the British West Indies w here they could earn huge profits by employing cheap surplus labour from agriculture. They would also benefit from tax holidays for the first five or ten years of their operations, and other concessions such as subsidies.In other words incentives would be offered to encourage these corporations to invest . Caribbean governments popularly adopted this policy in the 1960s. Several foreign based companies that are established today in the Caribbean are the result of Sir Lewis’ policy. This is most apparent in the tourist industry many foreigners have invested in hotels which employ the majority of people. Several countries within the Caribbean have attempted Sir Arthur Lewis? concept of ? Industrialisation by Invitation? with the outcomes being mixed. This meaning that it expanded direct foreign investment, injecting capital into local institutions. However, this increase in foreign investment brought about a higher dependency level on technology, raw materials and capital from abroad. Without these investments, the Caribbean would still be in a pre-industrialised state, with little growth in the economies. It has been argued that Caribbean economies have achieved a lot of growth; however without or in fact limited development.Yes, the region? s infrastructure has improved dramatically but their industries and companies are mainly foreign and therefore a substantial amount of profits made are sent abroad. Development therefore has been limited with the major organizations within the economy being foreign and not indigenous. Sir Arthur Lewis? concept of ? Industrialisation by Invitation? was not completely successful since the ? development? of the countries? economies did not reach the limits Lewis predicted.Currently the world market has a major negative effect and influence on the Caribbean economies due to the region? s dependence on foreign investments. Example of an essay on industrialization invitation theory Arthur Lewis Industrializagtion by invita tion To what extent can it be argued that Sir Arthur Lewis policy of ‘Industrialisation by Invitation’ aided in the development of the B. W. I By Jennine Small. According to Nassur Mustapha development is defined as, ‘the progressive process of human, cultural, political, economic and social change, which shapes people’s lives. The southern countries particularly the Caribbean have been classified as developing countries, which are still somewhat dependent on the metropolis which once colonized them. Sir Arthur Lewis in the immediate post- World War II period advocated industrialization of the British West Indies, he adopted a policy called ‘ Industrialisation by Invitation. ’ He felt that this was a step needed to be taken for the British West Indies to develop. Sir Arthur Lewis policy aided in the development of the B. W. I but the policy itself also hindered development as well as left out major aspects of development.The Industrial Revoluti on was one of those historical events which drastically changed societies all over the world. Despite the revolution having its roots in Europe , particularly Britain it then spread to places like the U. S. A and later the Caribbean. Industrialization became the mechanism used for a society to make the transition from a traditional, labour intensive economy based on agriculture (agrarian) to a more capital- intensive economy based on manufacturing by machines , specialized labour and Industrial factories.Sir Arthur Lewis recognized the importance of Industrialisation but realized that the British West Indies could not do it on their own, they would need financial aid, in the form of investments which could stimulate Industrialisation. After Lewis studied the system known as Operation Bootstrap (policy of deliberately inviting foreign direct investors) in Puerto Rico, he set out to adopt and implement similar in the British West Indies.The economies of the British Caribbean were main ly agricultural and there was a need to stimulate industrial growth and trade in manufactured goods, to diversify the economic base, since these economies were mainly monocrop economies. This term not only refers to the dependence on sugar and bananas, it also characterizes the dependence on tourism or the oil industry. Lewis therefore proposed the strategy to invite foreign investment as a way to stimulate growth, not only in industry but also agriculture, and therefore to reduce the dependency on the export sector.He reasoned that the British West Indies had a great abundance of unskilled labour in agriculture and amongst the unemployed. These countries did not have much capital. Thus multinational corporations (MNCs) with millions of dollars at their disposal were to be invited to the British West Indies where they could earn huge profits by employing cheap surplus labour from agriculture. They would also benefit from tax holidays for the first five or ten years of their operatio ns, and other concessions such as subsidies.In other words incentives would be offered to encourage these corporations to invest . Caribbean governments popularly adopted this policy in the 1960s. Several foreign based companies that are established today in the Caribbean are the result of Sir Lewis’ policy. This is most apparent in the tourist industry many foreigners have invested in hotels which employ the majority of people. In Antigua for example, 50% of the population is employed in the tourism industry.In addition to this, infrastructure such as roads and transportation has been developed by governments to complement these businesses. Foreign investors have introduced the latest technologies and influenced the improvement of public services. On the contrary, the policy is very much economically based , its aim is for countries to achieve economic growth. However development also includes other aspects, there is no indication on how foreign investers may positively impa ct the quality of life , welfare or education.Therefore this policy cannot be seen as aiding development in the British West Indies as a whole , as the policy was based primarily on the stimulation of economic growth. In addition, most of the money earned by these investors have been repatriated to their home countries thus money is not invested in the economy, this is a grave issue with serious implications for the tourism industry. The policy eventually failed in the British West Indies, mainly because the Caribbean governments invited the MNCs but did not control them.When the initial period of the tax-free holidays were up they ‘closed up shop' and moved on. They were mainly capital-intensive industries, virtually no provisions were made for training citizens to organize and run similar plants, such as the assembly of motor vehicles and small appliances. Hence no sustainable development. Neo-marxists who came up with the dependency theory, also initially developed their th eory in Latin America. Andre Gunder Frank and Samir Amin were the two theorists associated with this school of thought .Both argued that the third world countries are classified as the Peripheries and the Western/ Industrialised capitalist countries are the core. The former being largely dependent on the latter. The development of the core countries caused the underdevelopment of the periphery since economic surplus was transferred from the latter to the former for expansion purposes. These sociologists recommended that the peripheries need to break the link between them and the core in order to be self- sufficient and independent.Therefore the MNCs can be seen as detrimental according to this perspective dependence is an undesired state and situation . It only causes, injustice, unfairness and exploitation. Following from the dependency theory, we can assert that foreign companies therefore would not be aiding development but hindering it for their metropolis benefit. They would en courage the mindset of preference for foreign goods thus maintaining dependence.It can be seen that the Industrialisation by Invitiation policy is indeed a controversial one when considering whether it has aided development in the Caribbean. There is no doubt that MNCs are an important means to economic development. However in order for a country to develop, the country must have control of its own businesses and resources, move away from traditional economic models that make them dependent on foreigners and also perpetuate the legacy of colonialism in how the Caribbean economy is structured.Grade Profile Knowledge & Understanding – 7/10 Interpretation & Analysis – 7 /10 Synthesis & Evaluation – 7/10 The student demonstrates a very good understanding of the subject matter under examination. Interpreted and evaluated the question well. Student should have named some Companies or a company that emerged as a result of IbyI in their territory and explain the advanta ges and disadvantges of the policy using the ‘live' example as the base. Altogether however this was a good

Broadsheet and tabloid article comparison Essay

Three newspapers, ‘The Times'(a British broadsheet), ‘The Mirror’ ( a British tabloid) and ‘Newsweek’ (an American paper) have all related to the same ski incident where 20 people died in a cable car as an American Fight Jet sliced through the cable car’s wires sending its occupants hurling three hundred feet to their deaths in the Dolomite Mountains in Italy. The major differences between the three articles is that ‘The Times’ and ‘The Mirror’ were able to get reporters to the scene of the accident within hours of the crash but ‘Newsweeek’ wasn’t able to get a reporter out to the Dolomites as they weren’t a particuarly rich newspaper firm and it took them 2 weeks to publish the news and by then everyone had found out, whereas ‘The Times’ and ‘The Mirror’ chose to publish it the very next day. The Times’ is very factual throughout but ‘The Mirror’ uses very chatty language. ‘The Mirror’ and ‘Newsweek’ are biased towards the victims because they can’t defend themselves against what the American Fighter Pilots had done. The major similarities between the three newspapers is that they have all got the same account of what happened and that the American Fighter Pilots are to blame. Also how it happened and they agree on the basic facts. Within the three newspapers they all use factual content of some description. ‘The Mirror’s factual content is stating that why the incident occured, who was involved, that there were no survivors and how there bodies were found beneath all the rubble. ‘The Times’ goes into more detail about the incident and the paper is more business like and better grammar. ‘Newsweek’ is just stating the facts and is basically worded for the younger readers to understand. There are a couple of discrepancies between the three newspapers, ‘The Newsweek’s descrepancies are that it is has not been illustrated. It took them two weeks to publish the incident. It was using very basic writing techniques. It also prints that the incident was not that bad a disaster â€Å"By then, Prime Minister Romano Prodi had already judged the crash as an act of trajic recklessnesss†. The Mirrors discrepancies are that it uses too many opinions rather than facts. Too much surrounded the incident rather than what the American Goverment should will do to improve its training schemes and how to make it up to the victims’ families. The Times’ discrepancies is that it is too long and too intellectual. I feel out of these three newspaper articles surrounding this accident The Times is the best for facts but The Mirror is the best for witness accounts and opinions and pictures of the wreckage. The language used in the three papers are all different and targeted at a specific group of people. The Mirror is aimed at people who thrive on other people’s misfortunes. The Times is aimed towards the more intelligent and business like individuals. Newsweek is aimed at American people around where this paper is based to give them news about their state. There are not many differences in tone, mood or bias achieved due to the language used. The Mirror’s tone is very dramatic, emotional and to the point, its mood is shocking and is biased towards the victims and does not really mention opinions based on the American Pilots. The Times’ tone is very serious and business like, its mood is partially shocking but still remains serious and factual. The Times is not biased in its report as it considers both sides of the incident. Newsweek’s tone is very evasive and eluding, its mood is not shocking but almost normal, it is biased towards the American Pilots â€Å"An US Fighter Jet clip’s a gondola cable† and they act as if it isn’t such a bad crash. In ‘The Times’ and ‘The Mirror’ interview people who were next in line for the cable car and those who witnessed the incident. The Times also spoke to Fauseo Colasant; who was a police chief in Cavalese, many officals, a spokesman at Aviano, Giorgio Ruialdiwho was a rescue worker at Cavalese, Massimo Brulti who is the deputy Defence Minister. The Mirror’s interviewees were Neil Harmar and his girlfriend Stacey O’Donnell who were next in line, police chief Andrea Russo, a fire service spokesman, American Defence Secretary William Cohen, salesman Neil of Heathfield, Sussex, furious locals, Regional President Carlo Androtti, Cristina Antoniazzi the owner of the Hotel Locanda La Cascato just 100 yards from the cable lines and Air Force Chiefs. All the mentioned people above all commented on how low and dangerous this was, also how trajic an accident it was and that the Military war games should stop which put peoples lives at risk. Newsweek didn’t have any speakers because they it was a strategic choice and chose not to publish the article until two weeks later when everyone had found out about it through other people and other major newspapers such as ‘The Times’ and ‘The Mirror’. Most of the people who were interviewed said that it was a tragedy â€Å"If pilots want to put their own lives at risk that is up to them, but it is not acceptable that inncoent tourists should take the consequences† and many important people mentioned how many victims were confirmed dead. The US Defence Secretary William Cohen said â€Å"The victijm’s were nine women, ten men and one child†, and a fire spokesman said â€Å"It’s official- it’s twenty. † but Air Force Chiefs declined to comment. Regional President Carlo Androtti said â€Å"Military aircrafts should stop these war games which put innocent people’s lives at risk. Many people have told me how some Military Planes actually fly under the cables†, The Times has more factual content rather than content rather than speakers but the people who were interviewed said how much of a tragic incident this was. The Pentagon had launched and inquiry into the accident and expressed it’s ‘Deepest Sympathy’ for those killed, but this was an accident that should ahev nopt happened as the conditions were excellent â€Å"Visibility on the mountain had been ‘excellent’ at the time of the disaster. † the Newsweek had Italy’s Air Force Chief General Mario Arpino who said â€Å"The Prowler was four miles off of course and flying 3,300 feet below the altitude designated in the flight plan filed at Aviano. The minimum cruising altitude for US pilots in Italy is 500 feet. † Newsweek doesn’t use its article based on all on the one accident like the other papers did but it compares it to another crash. There is not really and explination for the different nationalities but they must think it is truly embarrasing for letting this get out of hand even with the amount of complaints recieved by the Regional President Carlo Androtti. The Mirror layout is so that the readers will straight away focus on the accident that happened and a photo of the devastation at The Dolomites because of the pictures and the headline. The layout of The Times shows it is a sophisticated paper that contains pictures of the EA-6B Prowler Jet that caused the accident, the devastation and a diagram of how it happened. The layout of Newsweek is very plain and un-interesting. It contains no photo’s of diagrams. This means that it is layed out very poorly and has no effect on the reader. The effect of the use of pictures, diagrams and headlines is expressed very well. The Times has great use of pictures, diagrams and headlines. Their headline is bold, catchy and to the point. Where-as The Mirror is more suttle and detailed, it’s headline is very effective because it stands out. But, Newsweek is exactly the opposite from The Times and The Mirror because it’s headline is based for the reader to become curious and to continue reading the article, thee are no pictures or diagrams which let this article down. In conclusion I feel that The Mirror explains what happened and suggests the full horror of the incident most effectively as it uses many techniques that are typical to a tabloid newspaper. In particular, it gives the incident a personal and British flavour by prominently reporting the reactions of two british Holidaymakers who narrowly avoided being involved in the incident. It also uses bold type, pull quotes and ‘Tabloidese’ – the pacy, dramatic language exemplified by the sub-headline ‘Brits tell of horror in snow’.

Tracing Changes Through a Thousand Years

In thirteenth century, the word Hindustan, used by Mining-I Syria, meant the areas of Punjab, Harlan and lands between the Gang and Yamaha. In modern times, the same word denotes the modern nation-state of India in its entirety. CLC The context changed from geographical and cultural to political. D In modern context, foreigner means a person who is not Indian. During the medieval period, a foreigner was any stranger who appeared in a village or city. It referred to a person who was not a part of that society or culture.CLC Historians and their sources Different types of sources are used by historians to learn about the past, depending on the period being studied and the nature of the investigation. CLC The major sources of historical information are coins, architecture, inscriptions and textual records. C] The period from 700 AD to 1 750 AD saw an increase in the number of textual records. The reason was easy availability of paper and its low cost. It enabled people to write holy tex ts, chronicles, letters and teachings of saints, petitions, judicial records, and registers of accounts and taxes.These slowly replaced the older sources of information. L Wealthy people, rulers, monasteries and temples collected manuscripts which were placed in libraries and archives. 0 Manuscripts still had to be copied manually. Variations in handwritten copies of the same manuscript developed due to lack of adequate technologies like printing. This made it difficult for historians to interpret textual records. CLC Social and political groups The scale, variety of events and developments that occurred over the period from 700 AD and 1 750 AD is enormous, making it challenging for the historians.L] New technologies in irrigation, agriculture, crafts and warfare were ushered n the subcontinent during this period. New crops like potato and tea, which later became very important, were also introduced with the arrival of new people. As such, it was a period of economic, political, soc ial and cultural changes. C] Traveling for trade and exploration also increased during this period. C] Ragouts, a group of warriors who claimed Ashtray status, gained in importance during this period. The Martha, Sikhs, Jets, Moms and Ashtrays also became important. Clearing of forests in order to expand agriculture, forced many forest Weller to migrate or become peasants. C] Societies became complex and acquired hierarchies. Peasants were required to pay taxes and offer goods and services to local lords. C] Economic and social differences, based upon amount of land, cattle and craftsmanship, emerged amongst peasants. CLC Sub-castes or stats became the primary factor of social differentiation. They had their own rules and regulations, enforced by a sati penchant or an assembly of elders.Ranks varied according to power, influence and resources controlled by the members of the caste. C] Region and empire C] Various dynasties gained ascendancy over different regions, leading to the ris e of kingdoms and empires. CLC The notable dynasties of the period were the Scholars, Challis, Thoughts and Mussels. The Mussels were the most successful in building a vast empire. After their decline in the eighteenth century, regional states re-emerged, but McHugh influence on administration, governance, and economy was still visible.CLC The creation of large empires, encompassing various regions, led to a fusion of traits. At the same time, each region was successful in preserving its individual culture. C] Religions C] Religion was the main force behind social and economic organization of local communities. Religious beliefs were shaped by social conditions. Important changes occurred in Hinduism during this period. They included the worship of new deities, royal patronage of temples and growing importance of Brahmas, the priests, as dominant groups in the society. C Knowledge of Sanskrit texts earned the Brahmas a lot of respect in society.C] The idea of backbit – of a l oving, personal deity that devotees could reach without the support of priests or rituals, evolved during this time. D The teachings Of Islam were also introduced through migrants and merchants. They were widely interpreted by their followers, leading to the emergence of various sects and schools of law. C] Time and historical periods L] In the context of history, time reflects changes in ideas, beliefs and socioeconomic conditions of people. For making historical assessments convenient, time is divided into periods on the basis of similarities in characteristics of events or phenomena.British historians divided Indian's history into three periods: â€Å"Hindu†, Muslim† and â€Å"British†, giving precedence to the religion of rulers rather than changes in the economy, society and culture. Modern historians focus on economic and social factors, dividing history into ancient, medieval and modern periods. CLC The medieval period of Indian history saw the rise of reg ional states, formation of peasant societies and the influence of Hinduism and Islam. O The arrival of European trading companies, who were attracted by the economic prosperity of the region, was amongst the most important events of this period.

Describe at least three different ways in which ethnography as a Essay

Describe at least three different ways in which ethnography as a research methodology and - Essay Example The three issues are of great importance to the African countries, because they directly influence the sociopolitical and economic development processes. The position of African women in political environment is a key cultural aspect. As from mid 1980s and early 1990s, women centered bodies have increasingly expanded operations and resources. Thus, women have been given adequate opportunities of illustrating and safeguarding their interests. Women are responsible for the unprecedented increase in the local and national women bodies, and also enhancing networking in the African continent. In majority of African countries, women organizations aggressively utilize the media to create awareness on their rights, in levels that were not seen before the 1980s. In certain African constituencies, women have illustrated their rights in terms of land ownership, property inheritance, and associational autonomy in the legal system. This is a very significant improvement in women welfare, which was rarely realized in the periods before the 1980s. Women leaders and many women organizations in Africa continuously challenge the laws, rules and legisl ations, which do not adhere to the concept of gender equality. Women leadership aims at effectively participating in the affairs of governance, legislation, political parties, non-governmental organizations, and the leadership positions in the private sectors of African countries (Cobbett, 2014). The key leadership positions in these areas were previously a reserve for the male members of the society. Therefore, women have effectively utilized the emerging political openings, which were realized mostly during the 1990s, even though the openings are insufficient and challenging. The second aspect of female activism in Africa is unique from the first activism realized during the early post independence period. The reasons for the changes are diverse as illustrated through; multi-partyism activities,

The persuaders review Movie Example | Topics and Well Written Essays - 1000 words

The persuaders - Movie Review Example Conflict Theory asserts that people with economic power control the formation of culture through media and other basic social institutions (Andersen and Taylor 73). Symbolic Interaction Theory believes in the power of human agency in shaping culture and media products (Andersen and Taylor 73). The media is actively shaping culture through its code of norms and morals that have become increasingly insistent in consuming the visual and auditory landscapes, although consumers continue to struggle in controlling their cultural development through selective media consumption. The media uses its economic resources to send messages about cultural norms and behaviors that benefit the economic elites, according to Conflict Theory. This theory asserts that culture rests on and supports social inequalities (Toland, and Barbara Mueller 92). The Persuaders show that the media does not definitely always or openly show the support for these inequalities, and yet these media messages contain values that divide people from one another. A good example is the relationship between mainstream media and the sexualization of women. Globalization is a phenomenon that has made it imperative for the media to find themes that transect cultural differences (Albarran 299). The media then bombards people with messages of sex and violence, which are universal themes. In the essay â€Å"Two Ways a Woman Can Get Hurt,† Kilbourne contends that countless advertisements perceive women as sexual objects and this message results to sexual harassment and violence against women. She explains the dangers of sexualizing women. She stresses that media promotes a culture that sexualizes women and children, thereby diminishing their value to society. Kilbourne offers numerous examples of print ads that show women either naked or in sexually provocative positions (Kilbourne 473). The main purpose of these ads is to entice people into consuming these media images, as if they are the norm. Some people then act according to these norms; thereby supporting the idea that media creates destructive cultures that support existing power structures. Naomi Klein, author of the book No Logo, warns audiences of becoming too intimately involved with brands that they forget its impact on their value systems (The Persuaders 3). Conflict Theory opposes global media messages that homogenize cultures and create cult-like obsession of brands. In the end, these messages only serve big multinational companies. Media’s power seeks to further influence identity and culture. The media wants to control more visual and auditory space to shape how people see themselves and the world they live in. Modern consumers are a paradox. On the one hand, they want to exert control over advertisements and prefer to screen out ads that annoy them. On the other hand, scores of consumers have become vulnerable to the emotional appeals of the brands that they love. Columnist for Advertising Age, Bob Garfield, ta lks about being bombarded with advertising messages in every nook and cranny of the American metropolis. Correspondent Douglass Rushkoff examines the evolving nature of marketers in what he calls â€Å"The Persuasion Industry† (The Persuaders 1). He notes the difficulty in finding advertising space in a congested landscape. Rushkoff stresses that because THE media needs to reach more and to affect people more, it increases the number of ads, which results to a vicious image of

All the Pretty Horses, by Cormac McCarthy Essay

All the Pretty Horses, by Cormac McCarthy - Essay Example Here Grady is more experienced with the cruelties and whims of life. His innocence and ignorance push him to do things at the risks of his life. Gail Moore Morrison portrays him as a man who â€Å"will risk much, for he is a man of action, of passion, of character and of honor† (184). Being pushed by his innocence he runs away to Mexico in quest of unnamed fulfillment. This unnamed fulfillment is more than the promise of adventure. In Grady’s case, it is the annihilation of the pain of ignorance. For the sixteen years old boy, his innocence changes into experience and consequently his adventure turns into struggle for life. In a world, full of struggles, Blevins’ death prove that a boy of broiling blood like Blevins must die unless he receives supervisions a realist like Rawlings. As the romanticism of the adventure begins to dispel, Cole starts to realize that a life-supporting job, as Cole takes the job of a wrangler in Mexico, is a must to survive amid the whi ms of life. In this regard, Seth M Packham comments on the change of the protagonist, â€Å"His heroism, and stubbornness to the cowboy code of chivalry are severely circumscribed by the evils of hostile Mexico† (14). In the novel stern realities and unexpected truth appear with their naked faces. The novel is fraught with the theme that the precondition of experience necessarily demands the interactions between human beings and the evil presences of this universe. In his journey to the region of the unknown Grady Cole confronts the evil that appears to be the inevitable component of the world in which human beings live, as Walter Sullivan comments, â€Å"In McCarthys novels evil is too endemic to require motivation† (651). The paradox of innocence and experience in the novel is that Grady Cole has to interact and at the same time be acquainted with the evil in the world and the evil within himself in order to

Economics Essay Example | Topics and Well Written Essays - 1000 words - 17

Economics - Essay Example In a closed economy where there is no foreign trade, the level of outputs that are produced will be at market equilibrium as the demand levels will further be met by the supply levels. However, during recessions, when unemployment rate rises, the demand will still be met by the supply, although the demand level will be lower. This is why in the goods market prices and quantity will settle at the equilibrium but high unemployment can still be present in the economy. This has been termed as the â€Å"Keynesian unemployment†. As what has been described earlier, in determining output to meet the demands, there are two views—the Keynesian and the classical view. The classical view argues that prices and wages are flexible, in such a way that excesses in either demand or supply will quickly be absorbed by the economy and resume full employment of resources after economic shocks—or abrupt changes in the aggregate demand and supply curves. The Keynesian view on the other hand argues, as apparent in its sticky theory of prices and wages which says that these two factors are sticky in the short run because of contractual rigidities such as agreements made with different interest groups such as the labor unions. In the latter situation, the one proposed by Keynes, higher levels of aggregate demands are needed for output to respond positively because aggregate supply curve is relatively flat especially when output levels are low. In this situation, the economy can have long periods of unemployment b ecause prices and wages are slow to adjust to shocks, and reaching full employment of resources is slow to reach. When classical economists argue that unemployment results from the interaction of the labor demand and supply curves, and lowering the wages will spread the labor supply which can curb unemployment in the process,

Service Marketing Article Example | Topics and Well Written Essays - 3000 words

Service Marketing - Article Example Among these major sectors retail industry has undergone a spurt growth as a result of the emergence and mushrooming of departmental stores and malls in many cities. Many reasons can be attributed to this unprecedented growth and the insatiable appetite of the never satisfied consumers seems to the major reason. This paper examines the marketing issues and challenges of retail banking in the UK with special reference to HSBC in the banking sector. The paper attempts to dwell on the intricacies of service marketing that may arise in the efforts to sell financial services of the bank. Retail banking is not a new buzzword in the banking industry as banks have been providing retail banking services since its inception. But, the retail spurt in banking industry has only a few years history. Retail banking means and includes all dealings and transactions of a bank with its individual customers. In the words of Shyamala Gopinath, Deputy Governor of Reserve Bank of India, "Retail banking is, however, quite broad in nature - it refers to the dealing of commercial banks with individual customers, both on liabilities and assets sides of the balance sheet. Fixed, current / savings accounts on the liabilities side; and mortgages, loans (e.g., personal, housing, auto, and educational) on the assets side, are the more important of the products offered by banks. Related ancillary services include credit cards or depository services" (Gopinath, 2005, 1). In her opinion, "Today's retail banking sector is characterized by three basic characteristics: Multiple products (deposits, credit cards, insurance, investments and securities); Multiple channels of distribution (call centre, branch, Internet and kiosk); and Multiple customer groups (consumer, small business, and corporate)" (Gopinath, 2005, 1). Over the last few years, retail banking in the country has been experiencing a tremendous innovation and spectacular growth owing to the rapid advances in information technology, financial sector reforms, growth of the country, increasing per capita income and several micro level demand- and supply-related factors. The retail loan segment shows an unprecedented growth in the country and there seems to have a boom in the housing sector, though badly affected by the US sub prime crisis. The official source of one of the successful retail bank (KPMG Bank) in the country states that "here are some exciting opportunities in emerging markets, driven by rapid GDP and population growth. In the mature markets branch banking is being revitalized and multi-channel delivery continues to evolve. Mobile payments and pre-paid cards are taking off and ageing populations are helping to drive demand for new and different products" (Retail Banking). All these can be attributed as the reasons for the su dden growth of retail banking in the UK. In terms of the economic benefits and its contribution to the populace, retail banking in the country assumes much significance. The British Bankers Association in its manifesto remarks "In 2002, UK financial services account for 5.3 % of the UK economy and it provided for 1 million jobs, which is around UK's 3.5% of total UK employment. The UK is one of the cheapest countries in the world to bank in, with free 'if in credit' banking being a unique national feature of UK bank accounts. The cost to

Wings of Desire Movie Review Example | Topics and Well Written Essays - 1250 words

Wings of Desire - Movie Review Example The movie opens in a gloomy city of Berlin, a city which at this time was recovering from the 1945 bombing and various years of neglect. The angels are then revealed to the viewers. Dressed in black garments, the two, Damiel and Cassiel, have melancholic and benevolent expressions from their faces. Their role is to watch over the city of Berlin and ensure that its inhabitants are safe. We learn that these two are invisible to the inhabitants, but children and other angels are able to see them. Damiel and Cassiel seem to the audience as caretakers of people’s memory. We see them taking down notes and listening to the thoughts of the people. They also travel around the city watching the inhabitants’ actions and extensively studying them. Most of their days are spent serenely whereby they only observe people, but, are not able to interact with them. They are emotionless in that, they are unable to experience joy or pain. This sums up the life of an angel in Berlin. On a normal day, we see Damiel meeting an artist Marion. Damiel gets enchanted and smitten by her beauty. The company that Marion works for reveals that it is out of money, hence, they must be forced to disband. This really upsets Marion. As Damiel watches her, he starts developing human feelings and he makes a decision; that he wants to start living as a human. Damiel is really moved by what marion is going through, hence, decides to be part of her life, share in her pain, and console her in times of distress. As this happens, Cassiel assumes an otherwise opposite trait; he walks around unsmiling and unmoved by events of humans. Perhaps, Cassiel was disturbed by his friend’s continued fondness of the human beings. From this, we learn of the extreme juxtaposition between these two major characters of the movie. While Damiel is enthusiastic, honest and exploitative, Cassiel is dry and wary, and devoid of passion. He is not attracted at all to the human side unlike his friend wh o aspires to lead a human life; however the viewer can begin to note his frustration with the life that he is leading (Willcock 76). The movie depicts the exact nature of human beings in the contemporary life. Angels in the movie keep witnessing human emotions and with time, they become enchanted by it. They start experiencing the sweetness of simple pleasures like a cup of tea and a cigarette stick. From the viewpoint of the angels, the city of Berlin is seen in a tinge of white and black, which is beautiful, yet unreal. Later, when these angels join humans, the color shifts from black and white into a natural looking color and into a harsher rhythm. Through these changes, we see the movie having enigmatic, wistful, somber, dreamlike and meditative tones. Later, Damiel falls from grace by dropping into the world, and we see him roaming about the berlin streets looking for his love Marion. As Damiel does this, his friend Cassiel remains in his black and white world of angels and sti lls retains his sulking mood. Later, unable to hold it longer, Cassiel also becomes human and drops to the Berlin world. Cassiel later meets Marion and Damiel at a concert in Nick Cave. They clown around and the

System Law Essay Example for Free

System Law Essay Law is a system that can give a person rights, restrictions, and forbid a person from many different acts. Laws are to protect communities in many different forms. It was designed to protect our rights as Americans. It is also set to protect people as consumers and business owners alike. Although, many people refer to law as a restriction it is also a protection for many people. The most known way law is a protection is for consumers and business owners. It protects consumers from false advertising, which protects the health or well-being of a consumer. It protects business owners in some situations by allowing business owners to own their business separate from their personal finances. I am currently employed with Southwest Securities, FSB. Southwest Securities is a full service bank and investment firm. Over the most recent years banking has been under the gun for many changes in the law and also regulations for protection of consumers and banks around the country. Currently my bank is operating under a cease-and-desist order that is allowing us to make changes on our policies to better the company. Southwest Securities FSB, as mentioned is a full service bank for customers. There are many regulations to follow in banking. Regulation E protects the bank and consumer on electronic funds transfers which includes ATM, debit cards, bill payment, and online banking transfers. Any transaction that is considered â€Å"electronic† and requires no paper is covered by this regulation. When a customer comes in to open an account they are given a disclosure that covers this regulation and outlines the companies policies for this regulation. The most common regulation that is used the most is regulation CC. This regulation is known as the funds availability policy. This policy protects our banking customers and our bank. This allows the bank to place a hold on a check that is a large amount, a check that is forged, or a check we believe is no good for any reason. This policy protects the consumer from immediately using funds on a check that may bounce or be returned. This also protects the bank from having to pay for an overdraft on a customer’s account. If the bank doesn’t place a hold on the account then the bank may end up covering the costs to put the customer’s account back in the positive. The cease-and- desist order that was put on our bank is an order that was issued from the Federal Deposit Insurance Corporation (FDIC). We were placed under this cease-and-desist order because we had many loans that were not being paid off and the bank was taking a large loss on these loans. The FDIC ordered our bank to follow certain rules and meet certain requirements for them to â€Å"lift† the order. One of the many changes the bank made was we changed our Board of Directors. The new Board of Directors has changed many policies and has worked closely to meet regulators requests. We have part of the order lifted already but we are restricted on the types of loans that we can originate at this time. With continued efforts, improvements on policies and ensuring we are following all banking laws closely the bank will be able to lend money again in the near future. These regulations listed above are just the beginning of laws that apply to banking but they are the ones that are referred to daily in my job duties. The law is not used just to protect businesses and consumers. It is also used to protect us as citizens. For instance, a person who feels they were wronged by another person or has a debt due to them from someone else may file in civil court.

Small And Medium Enterprises And Larger Scale Businesses Commerce Essay

Small And Medium Enterprises And Larger Scale Businesses Commerce Essay For this assignment I have done a lot of researches on the small and medium enterprise and larger scale businesses and sole trader. The first question on this assignment is distinguish between small and medium enterprise and large scale businesses .Small and medium enterprise and larger scale businesses are precise and varies by their own factors. The U.S government defines the sizes of businesses, such as the number of employees and number of revenues. Furthermore, these enterprises are sized by employee size, features of small scale industries and characteristics are successful small scale and medium scale business. The next question is interview a sole trader, identify the difficulties that he/she is facing and give suggestion on how to overcome the difficulties. A sole-trader or sole-proprietorship is a business that is owned (and usually operated) by one person. It is the smallest form of business ownership and the easiest to start. For this question I learnt more about a sole-trader. A sole trader a simplest form of business structure. It is also easy and inexpensive to maintain. SMALL AND MEDIUM ENTERPRISES ARE PLAYING A SIGNIFICANT ROLE IN OUR ECONOMY. DISTINGUISH BETWEEN SMALL AND MEDIUM ENTERPRISE AND LARGER SCALE BUSINESSES 2.0 Small and Medium Enterprises and Larger scale Businesses 2.1 Definition of Small and Medium Enterprises The Small Business Administration (SBA) of US defines a small business as one which is independently owned and operated for profit and is not dominant in its field (Hughes, 2011). However in Malaysia, there is no common definition of small and medium enterprises (SMEs). Different agencies define SMEs based on their own criteria, usually benchmarking against annual sales turnover, and number of full-time employees or shareholders funds. In addition, present definitions focus mainly on SMEs in the manufacturing sector. The following definitions are issued by National SME Development Council of Malaysia: Primary Agriculture A small and medium enterprise in primary agriculture is an enterprise with full-time employees not exceeding 50 or annual sales turnover not exceeding RM5.0M. Manufacturing (including agro-based) A small and medium enterprise in manufacturing (including agro-based) is an enterprise with full employees not exceeding 150 or with annual sales turnover not exceeding RM25million. Services (including ICT) A small and medium enterprise in services is an enterprise with full-time employees of between 5 and 19 or with annual sales turnover of between RM200,000 and less than RM1.0million. The above definitions are then divided into smaller entities, micro, small and medium. The following table summarizes the approved SME definitions based on number of full-time employees: SECTOR / SIZE PRIMARY AGRICULTURE MANUFACTURING (including agro-based) SERVICES SECTOR (including ICT) MICRO Less than 5 employees Less than 5 employees Less than 5 employees SMALL 5 19 employees 5 50 employees 5 19 employees MEDIUM 20 50 employees 51 150 employees 20 50 employees Source: National SME Development Council of Malaysia The table below summarises the approved SME definitions based on annual sales turnover: SECTOR / SIZE PRIMARY AGRICULTURE MANUFACTURING (including agro-based) SERVICES SECTOR (including ICT) MICRO Less than RM200,000 Less than RM250,000 Less than RM200,000 SMALL RM200,000 RM1.0million RM250,000 RM10.0million RM1.0million RM5.0million MEDIUM RM1.0million RM5.0million RM10.0million RM25million RM1.0million RM5.0million Source: National SME Development Council of Malaysia Bank Negara Malaysia had conducted a number of case studies on successful SMEs in Malaysia to identify the key success factors of these SMEs. SMEs involved in the case study had been in operation for more than 10 years, and had been selected based on their financial performance and track record. The case studies demonstrated that although SMEs were from different industries, all the enterprises shared common critical success factors, namely: Sound management capability and integrity; sound business culture and entrepreneurial spirit; Prudent financial management; High quality products and services; Good programme for human resource development; Strong support from financial institutions in terms of lending and advisory services; and Strong marketing strategies, including good network with suppliers 2.2 Definition of Large scale Businesses Large scale can always be defined as a measurement (Hughes, 2011). Scale means a form of measurement and when it is referred to as large it means that you have a more than average amount on the measurement scale. Thus any industry that is large scale will mean that products are produced at a high volume. This in turn provides a higher capital. Large scale industry requires a huge amount of capital to be invested in the industry first. It will provide many jobs for employees in order to offer a high output. This type of industry is found in places such as the USA, Germany, Japan, Russia, and Australia. All of these countries are big money makers and have large operations producing a variety of products. This is different from a small scale industry that does not require as much capital or as many workers. Given these definitions, a large scale industry can be just about anything from construction to the auto trade. Wal-Mart for example is a company in a large scale industry as they offer plenty of jobs and products to the consumers of the world. Size will matter when it comes to industry. Small companies employ about 60% of the work force in the USA due to the 30 million existing companies. Unfortunately, these companies have a lower survival rate meaning that they usually run for five to ten years and then end. 2.3 Differences between a small and medium enterprise and large entities There are many differences between a small and medium enterprise and large entities, namely: speed of decision-making, attitude towards risk, allocation of resources, understanding of business models and management of business models, and differing definitions of innovation. Decision-Making Process Large enterprises, in view of the different bureaucratic levels, will often require longer time to make decisions. This can be very frustrating especially when a decision needs to made immediately. Delay in decision-making may hinder the progress of the company. In this way, SMEs are better-off as more often than not, decisions can be made at the point of urgency. This helps the SMEs top grow more rapidly compared to a large-scaled enterprise. Attitude Towards Risk Large-scale enterprises can afford to take a bigger risk in running the operations of their businesses. This is mainly due to the fact that their capital is larger and there is buffer to absorb any uncertainties. Large size firm, such as Sime Darby and Petronas can afford to invest in foreign countries and earn much more profits compared to other SMEs. However, SMEs need to be wary of the negative consequences should their investments does not bring back the desired returns which may affect their operations in totality. Allocation of Resources In small businesses, every ringgit counts. Resources can be scarce and are allotted based almost solely on whether they will boost the bottom line. This bottom line focus may not be so distinct in a larger corporation. With more abundant resources at least in comparison to smaller companies people in large enterprises may be relatively free spenders. Understanding of Business Models A large enterprise understands the business models in a wider perspective as compared to SMEs. Large enterprises have the resources to conduct in-house trainings or sent their employees (especially management executives) to overseas countries to attend training programme. Such programmes would provide a bigger horizon to its employees who are then able to strategies their activities towards achieving the companys goals and missions. This normally lacks in SMEs. Innovation Competition in the business environment is getting more violent with more and more business entering the market due to a more relax rules and regulations in setting up business entities. In order for a company to remain competitive and relevant in the industry, huge investments need to be made on the product or services. Consumers have the choice of choosing the goods in the market. Large enterprises have the capacity to investment in such innovations compared to SMEs. For example, recently Malaysian Airlines Systems (MAS) purchased new planes (A380 series) to remain relevant in the airline industries. SMEs will have limitation due its limited financial resources. 2.4 Conclusions Even though SMEs and large-scale enterprises have differing characteristics, both plays a pivotal role in Malaysias gross domestics products (GDP). Both institutions provides employment opportunity, contribution in the form of taxes, corporate social responsibility activities and many more. No business had emerged in large entity automatically. Every business needs to start up from a small and medium entity before moving to a larger enterprise. BIBLIOGRAPHY Danks, S. Business Studies (1st edition), 2009, DP Publications, London, UK Hughes, Pride Kapoor, Business Foundation (3rd edition), 2011, South-Western Cengace Learning, Australia Mubarak Ishak, Structure of Business (2nd edition), 2008, S.S.Mubarak Bros (Pte) Ltd, Singapore Susan H, Business Studies (3rd Edition), 2008), Longman Publication, Australia www.bnm.gov.my/sme assessed on 19/7/2012 www.sme.gov.my assessed on 19/7/2012 APPENDIX 1 Members of the National SME Development Council of Malaysia I. The Prime Minister (Chairman) II. Minister of International Trade and Industry III. Minister of Domestic Trade and Consumer Affairs IV. Minister of Entrepreneur and Cooperative Development V. Minister of Agriculture and Agro-Based Industries VI. Minister of Human Resource VII. Minister of Finance II VIII. Minister of Energy, Water and Communications IX. Minister of Plantation Industries and Commodities X. Minister of Science, Technology and Innovations XI. Minister of Tourism XII. Minister of Rural and Regional Development XIII. Minister of Education XIV. Minister of Higher Education XV. Minister of Housing and Local Government XVI. Minister in The Prime Ministers Department XVII. Governor of Bank Negara Malaysia APPENDIX 2 CLASSIFICATION OF ECONOMIC ACTIVITIES ACROSS SECTORS I. Primary Agriculture: à ¢Ã‹â€ Ã¢â‚¬â„¢ Agriculture, Hunting and Related Service Activities à ¢Ã‹â€ Ã¢â‚¬â„¢ Forestry, Logging and Related Service Activities à ¢Ã‹â€ Ã¢â‚¬â„¢ Fishing, Operation of Fish Hatcheries and Fish Farms; Service Activities Incidental to Fishing ii. Manufacturing (including Agro-Based): à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of food products and beverages à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of tobacco products à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of textiles à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of wearing apparel; Dressing and dyeing of fur à ¢Ã‹â€ Ã¢â‚¬â„¢ Tanning and dressing of leather; Manufacture of luggage, handbags, saddlery, harness and footwear à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of wood and products of wood and cork, except furniture; Manufacture of articles of straw and plaiting materials à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of paper and paper products à ¢Ã‹â€ Ã¢â‚¬â„¢ Publishing, printing and reproduction of recorded media à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of coke, refined petroleum products and nuclear fuel à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of chemicals and chemical products à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of rubber and plastic products à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of other non-metallic mineral products à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of basic metals à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of fabricated metal products, except machinery and equipment à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of machinery and equipment n.e.c. à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of office, accounting and computing machinery à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of electrical machinery and apparatus n.e.c. à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of radio, television and communication equipment and apparatus à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of medical, precision and optical instruments, watches and clocks à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of motor vehicles, trailers and semi-trailers à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of other transport equipment à ¢Ã‹â€ Ã¢â‚¬â„¢ Manufacture of furniture; Manufacturing n.e.c. à ¢Ã‹â€ Ã¢â‚¬â„¢ Recycling iii. Manufacturing Related Services (based on 5-digit MSIC 2000 codes): à ¢Ã‹â€ Ã¢â‚¬â„¢ 73101 Research experimental development services on physical sciences à ¢Ã‹â€ Ã¢â‚¬â„¢ 73102 Research experimental development services on chemistry and biology à ¢Ã‹â€ Ã¢â‚¬â„¢ 73103 Research experimental development services on engineering and technology à ¢Ã‹â€ Ã¢â‚¬â„¢ 73104 Research experimental development services on agricultural sciences à ¢Ã‹â€ Ã¢â‚¬â„¢ 73105 Research experimental development services on medical sciences and pharmacy à ¢Ã‹â€ Ã¢â‚¬â„¢ 73109 Research experimental development services on other natural sciences à ¢Ã‹â€ Ã¢â‚¬â„¢ 60212 Factory bus services à ¢Ã‹â€ Ã¢â‚¬â„¢ 60230 Freight transport by road à ¢Ã‹â€ Ã¢â‚¬â„¢ 60300 Transport via pipelines à ¢Ã‹â€ Ã¢â‚¬â„¢ 61102 Freight transportation by sea-going coastal water vessels à ¢Ã‹â€ Ã¢â‚¬â„¢ 61202 Inland water freight transport services à ¢Ã‹â€ Ã¢â‚¬â„¢ 62109 Other scheduled air transport (e.g. helicopter services) n.e.c. à ¢Ã‹â€ Ã¢â‚¬â„¢ 62209 Other non-scheduled air transport n.e.c. à ¢Ã‹â€ Ã¢â‚¬â„¢ 63011 Stevedoring services à ¢Ã‹â€ Ã¢â‚¬â„¢ 63020 Storage and warehousing services à ¢Ã‹â€ Ã¢â‚¬â„¢ 63091 Activities of freight forwarding / forwarding agencies à ¢Ã‹â€ Ã¢â‚¬â„¢ 63099 Activities of other transport agencies n.e.c. à ¢Ã‹â€ Ã¢â‚¬â„¢ 74950 Packaging services on a fee or contract basis à ¢Ã‹â€ Ã¢â‚¬â„¢ 74300 Advertising à ¢Ã‹â€ Ã¢â‚¬â„¢ 74130 Market research and public opinion polling à ¢Ã‹â€ Ã¢â‚¬â„¢ 74142 General management consultancy services à ¢Ã‹â€ Ã¢â‚¬â„¢ 74143 Public relations consultancy services à ¢Ã‹â€ Ã¢â‚¬â„¢ 74149 Other business consultancy and management consultancy services n.e.c. à ¢Ã‹â€ Ã¢â‚¬â„¢ 92201 Printed news supply services à ¢Ã‹â€ Ã¢â‚¬â„¢ 92209 Other news agency services à ¢Ã‹â€ Ã¢â‚¬â„¢ 22190 Other publishing à ¢Ã‹â€ Ã¢â‚¬â„¢ 71230 Rental of office machinery and equipment (including computers) à ¢Ã‹â€ Ã¢â‚¬â„¢ 71302 Rental of furniture à ¢Ã‹â€ Ã¢â‚¬â„¢ 90003 Industrial waste collection and disposal services à ¢Ã‹â€ Ã¢â‚¬â„¢ 37101 Recycling of tin à ¢Ã‹â€ Ã¢â‚¬â„¢ 37109 Recycling of other metal waste and scrap à ¢Ã‹â€ Ã¢â‚¬â„¢ 37201 Recycling of textile fiber à ¢Ã‹â€ Ã¢â‚¬â„¢ 37202 Recycling of rubber à ¢Ã‹â€ Ã¢â‚¬â„¢ 37209 Recycling of non-metal waste and scrap à ¢Ã‹â€ Ã¢â‚¬â„¢ 74212 Engineering consultancy services à ¢Ã‹â€ Ã¢â‚¬â„¢ 27310 Casting of iron steel à ¢Ã‹â€ Ã¢â‚¬â„¢ 27320 Casting of non-ferrous metal à ¢Ã‹â€ Ã¢â‚¬â„¢ 28910 Forging, pressing, stamping and roll-forming metal; powder metallurgy à ¢Ã‹â€ Ã¢â‚¬â„¢ 28920 Treatment and coating of metals, general mechanical engineering on a fee or contract basis à ¢Ã‹â€ Ã¢â‚¬â„¢ 28999 Manufacture of other fabricated metal products n.e.c. à ¢Ã‹â€ Ã¢â‚¬â„¢ 29220 Manufacture of machine tools à ¢Ã‹â€ Ã¢â‚¬â„¢ 74220 Technical testing and analysis iv. Services: à ¢Ã‹â€ Ã¢â‚¬â„¢ Electricity, Gas and Water Supply à ¢Ã‹â€ Ã¢â‚¬â„¢ Wholesale and Retail Trade; Repair of Motor Vehicles, Motorcycles and Personal and Household Goods à ¢Ã‹â€ Ã¢â‚¬â„¢ Hotels and Restaurants à ¢Ã‹â€ Ã¢â‚¬â„¢ Transport, Storage and Communications à ¢Ã‹â€ Ã¢â‚¬â„¢ Financial Intermediation à ¢Ã‹â€ Ã¢â‚¬â„¢ Real Estate, Renting and Business Activities à ¢Ã‹â€ Ã¢â‚¬â„¢ Education à ¢Ã‹â€ Ã¢â‚¬â„¢ Health and Social Work à ¢Ã‹â€ Ã¢â‚¬â„¢ Other Community, Social and Personal Service Activities v. Mining and Quarrying: à ¢Ã‹â€ Ã¢â‚¬â„¢ Mining of Coal and Lignite; Extraction of Peat à ¢Ã‹â€ Ã¢â‚¬â„¢ Extraction of Crude Oil and Natural Gas; Service Activities Incidental to Crude Oil and Natural Gas Extraction Excluding Surveying à ¢Ã‹â€ Ã¢â‚¬â„¢ Mining of Uranium and Thorium Ores à ¢Ã‹â€ Ã¢â‚¬â„¢ Mining of Metal Ores à ¢Ã‹â€ Ã¢â‚¬â„¢ Other Mining Quarrying vi. Construction: à ¢Ã‹â€ Ã¢â‚¬â„¢ Construction Interview a sole trader, identify the difficulties that he/she is facing and give suggestion on how to overcome the difficulties. 3.0 Sole-Trader A sole-trader or sole-proprietorship is a business that is owned (and usually operated) by one person (Hughes, 2011). It is the smallest form of business ownership and the easiest to start. Looking back at the history of business, some of the giant players in todays market, for example Walmart and Procter Gamble, started their operations as a small entity, i.e. sole-traders. This type of business organization is most commonly established in the construction, retailing, hairdressing, car-servicing and catering trades (Stimpson, 2008). 3.1 About a Sole Trader In order to fulfill the requirements of this assignment, I had interviewed Mr Raman, the proprietor of Raman Supermarket in Cheras, Kuala Lumpur. Mr Raman, 48, had started to venture into business in 2000. Initially, he was operating a sundry shop in front of his house at Jalan Loke Yew. However, as business grew, he decided to rent the current shoplot and expanded his business into a supermarket. He sells variety of groceries, which includes fish, vegetables, and other daily consumption goods.He is being assisted by his wife and two Indonesian workers to run the daily chores. His business operation is from 6.30 am to 11.00 pm. 3.2 Problems faced By a Sole-Trader The disadvantages of a sole-trader stem from the fact that these businesses are owned and often managed by one person (Hughes, 2011). Mr Raman had faced similar problems in running his business. Limited capital is the main issue faced by Mr Raman. Banks, suppliers, and other lenders are not willing to finance their business, mainly due to its business entity and low confidence on their repayment capabilities. Working capital is important for daily business operations. Non-granting of credit facilities by suppliers hampers the idea of Mr Raman in running his business in a larger scale. Tight cash flow leads to lower stocks and order-taking. Company is not able to earn a good discount rate from the suppliers. Continuity of the supermarket business or succession plan is another problem faced by Mr Raman. His three children are not interested in continuing his supermarket business. He is worried that the business will cease to exist should he give-up his business when he is old enough to retire. Unlimited liability is perhaps the biggest problems faced by Mr Raman. Due to the nature of the liability, Mr Raman faces the consequences of losing even his private properties should he fails in rejuvenating the business entity. This may lead to him being declared a bankrupt should his properties are insufficient to settle the debts. He can be sued either by the bankers or his suppliers. This is one of the worst disadvantages faced by sole-traders ,such as Mr Raman. Mr Raman also faces difficulties in getting workers for his daily operations. Locals are not willing to accept a low salary as compared to foreigners. However, foreigners have other social and cultural problems. Due to staff shortage, customer service is being compromised. Once he had a bad experience when one of his foreign workers ran off with RM800-00, being the days business proceeds. Currently, he is being assisted by his wife on a part-time basis. This makes it difficult for him to take leave or go for a long vacation as this will jeopardise his business proceeds and may also lead to losing his loyal customers. Mr Raman confessed that the last time his family went for a vacation was five years ago. Competition from bigger retailers is another major problem being faced by Mr Raman. The superstores are able to sell at a lower price due to their bulk purchase and higher discounts offered by the suppliers. Usage of credit / debit cards, which is not viable in Mr Ramans case, is another factor that leads the consumers to larger superstores, for example Jusco, MidValley and Giant, to name a few. Mr Raman is not able to offer similar service due to its limited and tight cash flow. 3.3 Suggestions on how to overcome the difficulties In order to solve Mr Ramans problems, I would therefore propose to him to convert his sole-tradership into a partnership. The US Uniform Partnership Act defines a partnership as a voluntary association of two or more persons to act as co-owners of the business for profit (Hughes, 2011). Regardless of the number of people involved, a partnership often represents a pooling of special managerial skills and talents. In order to mitigate the disadvantage of limited capital, Mr Raman can request his family members or friends to become his partner. This additional capital will assists Mr Raman to scale up his business activities for a better profit. Banks and suppliers will be willing to provide additional financing as they will be more comfortable and confident of Mr Ramans repayment capability. Each partner is responsible for the well-being of the business entity. The pride of managing the supermarket and solving the daily operational problems will enhance the partners motivation to work harder to reap more business proceeds. Customers can be better served and eventually through word of mouth on the excellent services rendered at Ramans Supermarket will help to boost his business. Currently, Mr Raman is the only one actively running the daily operations of his supermarket. Partners often have complementary skills Mr Raman could manipulate of his partners specialization to further enhance its services. Furthermore, should there be any problems or issues, the partners can discuss and arrive at a better decision synergy effect. The sharing of profits would also motivate the partners to work harder. Higher business turnover leads to higher profit-sharing among the partners. However, Mr Raman should document the methods of profit-sharing at the initial stage of the partnership deeds or agreements. At the same time, the liabilities are also shared by each of the partners and not by the sole-trader alone. Losses are borne by each of the partners based on their shares. The legal requirements of setting up a partnership are minimal as compared to corporate entities. As long as the business is registered legally, it is good to go. However, Mr Raman should create his own Partnership Deeds in order to avoid any problems in the future.

Why personal management is important to firms

Why personal management is important to firms Human Resource Management, in simple, is a way of management that links people-related activities to the strategy of a business or organization, which at the same time satisfies individual needs and wants of employees. Over the years, Human Resource management went through lots of changes in its functions, roles, objectives, etc and, in the present day, it has reached a milestone from being just an administrative and operational management (personal management) to a strategic contributor (SHRM). The purpose of this report is to critically analyze the importance for HR management to transform from being primarily administrative and operational to becoming a more strategic contributor. The objectives of this report are to, Explain What is Personal Management and what is Human Resource Management Identify the factors which influenced the change Explain The importance of shifting from Personal Management to SHRM Present real world examples to prove the importance of the change This report will be focusing on the secondary research materials such as Human resource books, business articles, online journals, professional web pages to provide explanations and real world examples for the reader, to support the argument. Personnel Human Resource Management Traditional HRM or Personnel HRM can be defined as handling, directing, and controlling of individual employees rather than of employee as a group. It deals with individual relationships, including employees problems with management with employees as non-organized groups. It covers the acquisition andà ¢Ã¢â€š ¬Ã‚ ¦. (Perfecto S. Sison,2009,p17) Basically personnel HRM is considered as a traditional, routine, maintenance-oriented, administrative function which doesnt involve the higher level managers of the organization, and, maneuver at the operational level of an organization, performing tasks such as dealing with pay sheets, complying with employment law, and handling similar functions, etc. This mainly focuses on the individual person rather than the employees as whole and tries to satisfy the employees using wages, bonuses, compensations, simplified jobs, etc and to ultimately result in achieving organizational success. As mentioned above, the functions of personnel HRM can be broadly classified as employment, development, compensation and employee relations, which involve only the lower level management of an organization, making it a separate function from the main management of the organization. Strategic Human Resource Management Strategic HRM focuses on aligning all the HR functions of an organization with the business strategy that the organization is currently based on. SHRM is generally perceived as a distinctive approach to managing people which seeks to achieve competitive advantage through the strategic development of a highly committed and capable workforce (Appleby Mavin (2000) s555). SHRM is about managing the human capital of an organization in such a way as to achieve some type of competitive edge. Having not only a committed workforce, but also having a workforce that is highly trained for the job that must be performed achieves the competitive edge. Moving in this direction is where human resources become SHRM. The starting point for SHRM, unlike the traditional HRM which starts from the people, starts from the organizations requirements and needs about having a suiatable workforce. Also SHRM involves not only the operational level managers, it involves higher level managers such as HR managers and it directly incorporates with the organizations strategy by formulating, implementing and evaluating companys strategies through human resource activities which may involve recruiting, selecting, rewarding and training company personnel. The Below diagram shows how Human Resource Strategy matches the Organization strategy. Managing human resources: personnel management in transition/   By Stephen Bach/4th edition Blackwell bublishin, 2005 The above diagram suggests that modern HRM is not a separated function as it was in past, and clearly shows that it is interconnected with the strategy, culture, current situation, financial resources of the organization. SHRM is focused on the contributions that the HR strategies could make to enhance organizational effectiveness, and how these strategic contributions are achieved and it involves designing and executing a set of internally constant policies and procedures to ensure that an organizations human capital contributes to the core business objectives and strategies. Contrasting Personnel Management with Strategic HRM Personnel management, from name itself suggests that, it is all about managing and developing the people and the skills employed. On the other hand, SHRM is focused on developing employee knowledge, abilities, talents, aptitudes, creative abilities, etc. Personnel management is a more reactive way of managing HR because it only includes administrative tasks that are both routine and traditional only providing a response to demands and apprehends as they are presented. Where as SHRM is more proactive, involving continuous development of HR functions and policies for the purposes of improving a suitable workforce for the company, in present and for future needs. Personnel management is often regarded as an independent function which typically the sole responsibility of the personnel department of an organization, where as SHRM is an integrated function which often involves all the managers of an organization in some manner to develop the skill sets and abilities of different employees in different departments to achieve a main goal of the entire organization. Personnel Management creates high ambiguity in achieving goals and taking decisions as its a separate function from the core management where as SHRM delivers less ambiguity as it is in line with the organization strategy and integrated with other functions of an organization. Personnel management motivates employees through increased salaries, bonuses, compensations, simplified jobs etc, where as in SHRM, the motivation is gained through work groups, effective strategies for meeting challenges, and job creativity. Transition from Traditional HR to SHRM In the modern business world, the key for a successful business is to integrate all the functions of a business to make sure all departments and functions of the business flows in the same direction. To achieve that competency, the traditional HR managing system had to be transformed into a more integrated, top-management-involved, strategy oriented function, known as SHRM. Competition, Globalization, technological advancement, demographic factors are the most possible factors which influenced the change. Competitive advantage When a firm is implementing a value creating strategy not simultaneously being implemented by any current or potential competitors, then it can be said the firm has a competitive advantage (Managing human resources: personnel management in transition/  By Stephen Bach) SHRM system capabilities can contribute to sustainable competitive advantage because they 1) can help exploit opportunities and neutralize threats in a firms environment, (2) are difficult to develop and therefore rare in the competitive environment, (3) are very difficult to imitate, and (4) cannot be easily displaced by strategically significant substitutes. Delta Air Lines, Southwest Air lines, Walmart are good examples for businesses which climbed to the top of the ladder using the competitive advantage. Changing the Mind Set Businesses have to completely change their mind set in the process of making personnel management into a more strategic partner. Personnel managements strong focus on administrative tasks and the inability to directly measure its impact on the outcome was the major down fall of personnel management, limiting its contribution to the business strategy. Therefore, Strategic HRM needed a completely different mind set, which focuses mainly on transformation using change management instead of focusing on administrative and operational activities. Demographic Influence If the business strategy of the organization is to spread the business in different geographic areas or in different cultural backgrounds, the business should use, not personnel management but SHRM to match the business strategy. Using the personnel management will disregard the fact that the employee should culturally match the job, should be equipped with appropriate language skills, match the required gender and the religion, to suit the area that he has to work, and it will only facilitate to achieve the HR strategies like recruiting cheaper people, having basic qualifications etc. This has a negative impact on the business as it cannot effectively serve their customers, so the business has to use SHRM in order to align the HR strategies with business strategies, to consecutively match the business that they are doing. IBM in Australia and New Zealand is made up of many different people from many different cultures and backgrounds. The common thread between us is our commitment to IBMs success in the marketplace and IBMs long-standing values and belief in inclusion http://www-07.ibm.com/au/diversity/cultural_awareness_and_acceptance.html Impact of Globalization In order to grow and prosper many companies are seeking business opportunities in global market. This has affected the HRM management system as well. So globalization is the main component that would affect to the shift of THRM to SHRM. It is the integration of business activities across the geographical and organizational boundaries. Coca Cola Company has 92,400 associates around the world live and work in the markets we serve more than 86 percent of them outside the U.S. In this geographically diverse environment, employees learn from each market and share those learning quickly. As a result, Coca Cola Company culture is ever more collaborative. From beverage concept and development to merchandising, our associates are sharing ideas across departments and markets in new ways. Consequently, Coca Cola Company associates are increasingly enthusiastic about their work and inspired to turn plans into action. Coke website Technology As the rapid change of technology, the companies have to change their human resource management system into more strategic approach. The strategic HRM along with technology; facilitates employees to improve their work life balance, creativity and productivity. For example Motorola is extending human capabilities by providing integrated wireless communication and embedded electronic solutions for the individual, the work-team, the vehicle, and the home. Motorola is committed to providing technology that will increase employee productivity attract and retain key talent and help employees balance their professional and personal lives. Source; http://www.bc.edu/centers/cwf/research/highlights.html) The recruitment goes high-tech in Vietnam; the service is an extension of the Labor Departments website (www.vieclamhanoi.net), where employees can access job information. It is said to be the Departments solution to ineffective and formulaic job fairs in Vietnam. The new service will make it faster and easier for employers and job seekers to connect. As a start, the new online site has employment details from over 1,000 foreign and local companies in Hanoi, and will soon expand to 1,400. Within the first week of its launch, employers had connected with and hired nearly 1,300 job seekers through the service. Current Role of SHRM The business world today uses the SHRM methods and benefits thorough it very effectively. Some businesses focus on HR strategy more than the business strategy sometimes, and in some occasions the HR strategy becomes the business strategy as well. Microsoft is a good example for the HR strategy to become the core business strategy as well. A lot of what we do with the employee value proposition is just win in the marketplace. People want to know theyre with a winning teamà ¢Ã¢â€š ¬Ã‚ ¦. I tell Lisa still that in some senses our No. 1 HR strategy is our business strategy. When were succeeding and winning and doing great stuff, success breeds success. Business week The following diagram indicates how the Australian Governments Department of Education, Science and Training has executed their HR strategies to be align with the key organizational strategies. This resulted a positive outcome of the departments people management strategies in creating a motivated and engaged workforce and, through this, achieved a strong contribution to the delivery of business outcomes. An emphasis on strong leadership is a key strategic element for creating an environment of respect, support and development for all people in the department. In this way, the department has built and maintained a creative and engaged workforce able to deliver the governments growing and diverse education, science and training agenda. http://www.annualreport2007.dest.gov.au/chapter_eight/people_management.htm During the recession back in 2008, Pepsi came up with a business strategy to cut their cost, and the HR strategy matched the business strategy by laying off employees. According to Pepsi Bottling Groups chairman and chief executive officer Eric Foss, Pepsi Bottling Group Inc is planned to slash about 3,150 jobs across US, Canada Europe and Mexico as part of its restructuring plan. This is expected to result in pre-tax savings of up to $160 million. These moves will allow our business to better deal with the challenging macroeconomic conditions that currently exist, http://www.newsweek.com/id/121095 Coca-Cola has proved that tailoring career development to suit high-potential employees can dramatically increase internal promotions and thereby save the company huge recruitment costs which was a major objective of the finance division to reduce the overall cost. Conclusion Personnel HRM is considered as a traditional, routine, administrative function which doesnt involve the strategic level of the organization, and, creates high ambiguity, tends to be more reactive and works as a separate unit apart from the organization. strategic human resource management is a function which is focused on aligning the HR strategy with the overall business strategy to achieve organizational success and, is considered as a more proactive, integrated, and less ambiguous way of managing HR. Factors such as competition, globalization, economy, demographic factors, improving technology caused the human resource management to change from Personnel management to Strategic HRM Microsoft, IBM, Motorola, South West Airlines, Delta Air lines, Toyota are few examples for organizations who achieved business success through implementing SHRM in their organizations. By critically analyzing all the factors in this report, it can be concluded that it was exceptionally important for the businesses to change their way of managing human resources from traditional HRM to Strategic HRM, in order to face the external factors effectively and lead their business into the top of the ladder.

Racism is Unacceptable Essay examples -- Racial Prejudice Discriminati

Racism is Unacceptable From the beginning of recorded history, possibly before then, humans have found a necessity for classifying and categorizing every aspect of life. This need for order has been used to efficiently organize and clarify the endless details on Earth. This arrangement of objects in groups has also created a very sinister and volatile mindset that some people live by. This associative manner of classification has lead to the formation of beliefs in race identities, stereotypes, and superiority in the form of racism. Racism is contempt for people who have physical characteristics different from your own (Nanda and Warms 1). This concept is often combined with what is called racialism. Racialism is an ideology based on the following suppositions: There are biologically fixed races; different races have different moral, intellectual, and physical characteristics (Nanda and Warms 1). This is the ideal that many people engage in consciously and the way some people think without even realizing i t. The only way to overcome this derogatory belief system is to define the meanings and misunderstandings of racial differences. Race is the term for classifications of people based on opinions about physical characteristics and differences between groups of individuals. The problem with this is that these differences do not really provide distinctions between ancestral lineages. In fact, these subtle differences between so called races, like broadened noses, physical structure, and skin color, are the results of environmental circumstances encountered by early nomadic human groups as they moved and settled in new territories. These traits are the products of many thousands of years of genetic hit or miss. Some of these... ... not curious about the skin colors, hair textures, bodily structures, and facial features associated with racial background (Rensberger 57). As a result of this, we can only hope that by not tolerating this type of thinking in our children and not being part of it with our associates we can help make racism an unpopular and unacceptable way of life. Works Cited 1. Keita, S. O. Y. and Kittles, Rick A. â€Å"The Persistence of Racial Thinking and the Myth of Racial Divergence.† American Anthropologist. 99 (September 1997): 534- 542. 2. Nanda, Serena and Warms, Richard L. Cultural Anthropology. Belmont, CA: West/ Wadsworth, 1998. 3. Rensberger, Boyce. â€Å"Racial Odyssey.† Science Digest. (January/ February 1981) Reprint. 57- 63. 4. Wachtel, Paul L. Race in the Mind of America: Breaking the Vicious Circle between Blacks and Whites. New York: Routledge, 1999.

oF MICE AND MEN :: essays research papers

Of Mice and Men is a novel of defeated hope and harsh reality of the American Dream. However, regardless of how much one may hope and strive to reach it, the American Dream does not always provide complete fulfillment. Of Mice and Men takes place in America during the Great Depression of the 1930’s. Formerly known as the land of opportunity and fortune, America had soon earned the label of being the complete opposite. It was during this time that many migrant workers moved their family west in search for the â€Å"American Dream.†   Ã‚  Ã‚  Ã‚  Ã‚  The American Dream; there are similarities that are in most people’s dreams regardless of when they lived or who they are. Most peoples dream includes being happy, healthy, and surrounded by loved ones. However, dreams often differ in the aspect that some people may want to work hard, be healthy and have great financial success, while others dream of living off the land they work on and doing enough work to survive, while still remaining healthy and happy.   Ã‚  Ã‚  Ã‚  Ã‚  Being the best of friends, George and Lennie are different in many aspects yet they both seem to share one common goal; to purchase a few acres of land they can call their own, â€Å"an’ live off the fatta the lan’† ( Steinbeck, pg. 14). Being able to own a humble home, where they can work for themselves and be free of the torment and scrutiny of society. A place away from all the ignorance of the outside world, where it seems Lennie was not meant to live.   Ã‚  Ã‚  Ã‚  Ã‚  George and Lennie’s struggle for their tiny piece of the American Dream is best summed up by Crooks when he said that he’s â€Å"seen hundreds of men come by on the road an’ on the ranches, with their bindles on their back an’ that same damn thing in their hands. Hundreds of them. They come, an’ they quit an’ go on; an’ every damn one of ‘em’s got a little piece of land in his head.

Nepalese migration to Japan

Nepal is landlocked between India and China, situated between the Himalayas. With no industrialization worth the name, its mainstay is agriculture. Its major export is labor; most of the rural households have one family member abroad and expect the inward remittances from them month after month for their livelihood. The Nepali migration to Japan is governed by the Labor Act of 1985. The armed conflicts between the forces loyal to the King and Government and Nepal and the Maoist People’s War groups, have created a fear psychology in the Country and encouraged migration. Historical & Structural contexts: The majority of the Nepalese workers in Japan hail from ethnic group designated as ‘martial races’. They are popularly known as ‘Gurkha’ soldiers. They were an important segment of the Indian and British Army. In India, even now, they are the prominent part. Nepal has a long history of migration; Nepalese migrated to the city of Lahore and joined as soldiers in the army of Sikh Ruler, Ranjit Singh. The martial aspect has now taken the form of economic criteria with the fast advancement of the modern materialistic civilization consequent to the industrial and internet revolutions. A new culture of emigration and remittance economy in rural Nepal has taken concrete shape. Migration is, mostly, an economic option now. From the cinders of the II World War, Japan’s industrial structure took an unprecedented leap. Manufacturing and construction industries created a vacuum consequent to shunning of the jobs by the Japanese workers. Economically distressed migrants from countries like Nepal, secure elevated wage levels, and that in turn accelerated the process of migration from Nepal. The subsequent living conditions, isolation, distress and discrimination added to their woes, but the offsetting factor was the financial rewards. As for the women immigrant workers, Japan’s share is 9%. Most of them work in the service sectors or as domestic helps. Push –Pull factors: Economic agents are responsible for the homogenous optimizing behavior as for various theories of migration. In contrast, â€Å"Lipton assumes heterogeneity of group behavior – rich persons optimize whereas poor persons are more reactive than proactive. Hence, the migratory decisions of the rural poor are more likely to be influenced by push factors while pull factors more likely apply to the rural rich.†(Asian, 2000†¦) To some extent the conditions obtaining in the migration scene in Nepal today in relation to Japan, gives credence to Lipton’s hypotheses as for migratory and remitting behavior of both poor and rich families. Socio-economic differentials are one of the important factors for migration determinants. Globalization has worked wonders in all the segments related to human beings. For economies and individuals who possess mobile capital and knowledge, it has proved to be a boon. But the conditions of the less educated workers have remained the same, as their options are limited. The bargaining power of the employers is in tact, if anything it has increased because of their capacity to adopt latest technology, with less labor requirements, outsourcing and moving elsewhere. The labor migration, both short term and long term, to countries like Japan from Nepal has adverse effects on account of this development. Network and social capital: Indian sub-continent was the traditional destination for the migration of the Nepalese labor, but with the passage of Labor Act of 1985, countries like Japan became the much sought after destinations.   The trade unions also began to show interest in the welfare and working conditions of the overseas workers. â€Å"Foreign labor migration from Nepal is still largely a privately organized affair in which individuals make use of their own personal networks or make arrangements through a number of private, government-registered manpower or recruitment agencies.†(Seddon, 2005). As for Southeast Asia, the popular destination at that time was Japan. Immigration then was not legal, the repatriation incidents occurred often, but the reward for the lucky ones who stayed on was high. The wages were 10 times the average wage in Nepal. The remittances from Japan to Nepal recorded a steep increase. This further kindled the curiosity and enthusiasm of the rural folks of Nepal, both men and women to migrate. â€Å"The implications of this situation are far-reaching for Nepal as a whole, for the structure and dynamics of regional and local economy and society, and — perhaps most of all — for households and individuals all over the country, both those directly involved in foreign labor migration and those left behind.†(Seddon, 2005) Labor migration increases unity of the countries of sending and receiving migrants. Migration serves useful purposes for both the countries. It is the twice-blessed concept. It blesses those who receive, and those who give. The reality behind this poetic comparison is that the two ethnic groups have to come to terms for a happy living. Legal citizenship is one thing. The actual assimilation and the willing acceptance from the local society is another thing. The development of commonality is a slow process. To oppress the minority and obliterate the differences is not a welcome procedure and the consequences will be bitter. History has enough examples of such disastrous failures. Historical conditions and the related racial stigma, will not get obliterated easily. References Cited: Article: ASIAN AND PACIFIC MIGRATION JOURNAL, 1999,2000..www.cicred.org/rdr/rdr_uni/revue101-102/101-101-102.html – 26k – Retrieved on October 2, 2007 Seddon, David-Article: Nepal’s Dependence on Exporting Labor, January 2005-Migration Information Source www.migrationinformation.org/Feature/display.cfm?id=277 – 35k –   Retrieved on October 2, 2007         

Nursing Care Plan & Basic Conditioning

COMMUNITY COLLEGE DEPARTMENT OF NURSING CLINICAL ASSESSMENT TOOL Subjective Data (Basic Conditioning Factors) Student: Date of Care: 10/03/09 Patient’s Initials: P. V. Age: 37 Room #: 3114 Bed 1Allergies: Food: NKA Gender: FMedications: NKA Environmental: NKA Admitting Diagnosis: Pancreatitis Developmental Stage (Erickson and Havinghurst): (List Developmental stage and tasks, assess each task) 1. Selecting a mate: Although patient is single, she has many friends. Patient was happy to introduce her friends that came to visit. Introductions were all made as friends, no boyfriend or husband mentioned. 2. Starting a family and raising children: Patient is not interested in these aspects of life. Patient is more concerned over her friends and their activities that they do together. 3. Managing home: While the patient lives alone, she would prefer to have a roommate to share housekeeping tasks and rent. 4. Taking civic responsibility: Patient is not interest in helping out community. 5. Starting occupation: Patient has been a Title Researcher for two years, she claims that it is just a job to pay the bills. 6. Finding congenial social group: Patient claims that she has a tight group of friends that she enjoys going out with. While the patient was agreeable, she wanted to be left alone. The Erickson stage that the patient is in is adulthood; Intimacy vs. Isolation. I find that Miss F. V. to be in isolation, developmentally. She wanted no socialization from myself, lives alone, and works alone. She is not actively looking for a mate and was demanding to have her door shut my entire shift, which was the norm since she was admitted 20 days ago. History of present illness: On 9/13/09 patient presented with severe ABD pain in ED. A computed tomography Scan (CT-Scan) of the abdomen and pelvis with contrast was performed; showing severe pancreatitis with prominent pancreas demonstrating significant edema. Moderate to large amounts of ABD ascites demonstrating simple fluid attenuation was noted. Peritoneal enhancement was predominantly noted within the left ABD, reflecting significant peritonitis. No bowel obstruction was noted and pancreatic necrosis was not excluded. Moderate bilateral pleural effusions were also noted. Past medical history : Irritable Bowel Syndrome Anxiety Depression Cocaine use (1998) Smoker Past surgical history: none Medications: Drug NameDoseRoute FrequencyClassification Metoprolol Tartrate50mgPO q12hAntihypertensive Enoxaparin Sodium40mgSQ dailyAnticoagulant Esomeprazole Mag Trihy40gmPO dailyAnti-ulcer Hydromorphone hydr2mgPO PRN Opioid Analgesic Ergocalciferol800int unitsPO daily Vitamin Complementary/Alternative Medical Practices Herbal Remedies: None Vitamins/Minerals: Daily multivitamins Meditation/Yoga: None Massage: None Acupuncture/Acupressure: None Aromatherapy: None Other: None Health Care Systems (Current orders and role of health care members): Low fat diet IV [email  protected]/hr q24h Double Lumen PICC line Left AC CBC OOB Sociocultural / spiritual orientation: none Family system: Patient has family support, however lives alone in a walk up apartment. Patterns of Living: A. Employment: Title Researcher B. Education: Some college C. Hobbies / interest: None D. ETOH / drug use: Social only Environment (Conditions of living and working): Client lives alone, although the answer changed from 9/13/09 to 9/14/09 to lives with a friend. Family is supportive. Friends are supportive. Available Resources (Economic, personal, agencies): Primary Insurance: Primary Insurance is a HMO with BlueCross BlueShield. Objective Assessment of the USCR's Pt: F. V. Room 13314 Bed 1 Jennifer Hughes Please use Y, N, NA to indicate Yes, No or Not Applicable Day 1Day 2Additional Data Psychosocial Solitude v. Social Interaction or Normalcy Well groomed/Good hygieneY Appropriate/Full range affect Y Maintains eye contactN Calm moodN Cooperative attitudeY Able to concentrateY Clear speech (volume/tone) Y Psychomotor retardation N Tics/Tremors N Hyperactivity/Restlessness/Agitation N Hallucinations/Illusions N Suicidal/Homicidal Ideations N Activity/Rest Well-rested N FatiguedN Slept through night N Neuromuscular (prevention of hazards) Alert and oriented Y Times 3 Gait steady Y Hygiene independentN Refused AM care Primary notified Pain free NDilaudid 2mg given @ 6am by primary Hand grasp, strong and equal bilat Y Foot push, strong and equal bilat Y Smile symmetrical Y Tongue to midline Y PERL Y Meets developmental task Y Cardiovascular (air or water) Palpable pedal pulses bilaterally Y Oral mucosa pink Y Conjunctiva pink Y Capillary refill within 2 seconds Y Absence of edema Y Apical/radial regular rhythm YRate= 94 Blood pressure YBP= 86/60 primary notified Telemetry Y Integument (prevention of hazards) Temperature YTemp= 98. 0 Skin turgor WNL Y No tenting noted Skin warm to palpation Y Cool to touch Skin intact Y Incisions N Wounds N Day 1Day 2Additional Data Respiratory (air) Resps easy and even Y Lungs clear Y Secretions N Oxygen in use N Oxygen saturationY 98 Cough and deep breathe N Chest tubesN Gastrointestinal (Food or Elimination) Abdomen softY Tender to the touch Abdomen non-distended Y Bowel sounds presentYAll 4 quads Abdominal drainsN Stomach tubesN Bowel movementN Nausea/vomiting N Feeds selfY Breakfast (% consumed) 50% Lunch (% consumed) 75% Dinner (% consumed) Tube feedingN IV solution (type and rate) YTPN @83cc/hr bag @ 1200cc @ 07:40 IV site (location)YLeft AC PICC Double Lumen IV site without redness or swelling Y IV dressing dry and intact Y Chemstick n/a Gastrointestinal (food or Elimination) Voids in bedpan or bathroom Y Pt. using bathroom Foley catheterN Suprapubic tube N Urine clearY Color yellow-amber Y Yellow Amount (cc's)n/a Continuous bladder irrigation N Lab Data (explain abnormal values) RANGE WBC: 4. 5 – 11. 0 HGB: Men 14. 7 – 16. 1 Women 9. 3 L12. 0 16. 0May indicate anemia. HCT: Men 42. 0 – 52. 0 Women 27. 1 L37. 0 47. 0May indicate anemia, bone marrow dysfunction, malnutrition, over hydration Platelet 490 H150. 0 – 450. 0 Could indicate hemorrhage or inflammatory disorder. Glucose 8370. 0 – 110. 0WNR Sodium 140135. 0 – 145. 0 WNR Chloride 10395. 0 – 110. 0 WNR Potassium 4. 3 3. 5 – 5. 1 WNR Calcium 8. 1 L8. 4 – 10. 2May indicate protein & vitamin D deficiency, malnutrition, cushing syndrome, acute pancreatitis Albumin 2. 6 L 3. 4 – 5. 0Could indicate malnutrition, ulcerative colitis, use of penicillin, sulfonamides, aspirin or ascorbic acid. BUN: 127. 0 – 20. 0 WNR CR: . 40. 3 – 1. 5 WNR PT: Not in labs 10 – 12 sec PTT: Not in labs 3045 sec INR: Not in labs 2 – 3