Capital Asset and Pricing Model

Questions : 1.A Critical Assessment of The Capital Asset Pricing Model (CAPM)You are required to- (a) Describe the Capital Asset Pricing Model, including the suppositions fundamental the hypothesis. (b) Explain the connection between the Security Market Line and the Capital Market Line, utilizing charts and guides to outline your clarification. (c) Briefly set out contentions for and against - the hypothesis, diagram its uses and make a scrutinize of its hidden presumptions. (d) dentify any choices which have been proposed instead of CAPM. (e) Conclude with a general appraisal of the hypothesis and express any suggestions you may have from your examination. (f) Conclusion a short generally speaking evaluation of the CAPM hypothesis. 2.You are required to work the accompanying issue, utilizing a limited income (NPV) examination. Gordon Hall is thinking about supplanting an old machine with another one from Li Ho. The old machine (purchased 5 years back from Tom Lee) cost $340,000, while the upgraded one will cost $280,000, completely financed by a multi year 9% per annum intrigue just advance. The new machine will be devalued prime expense to $50,000 over its multi year life. Gordon gauges that it will be worth $40,000 (rescue esteem) following 5 years. The old machine is being deteriorated at prime expense to zero over its unique anticipated existence of 10 years. In any case, George can sell the old machine today for $86,000. The new machine will spare Gordon $70,000 per year in cooling costs. Different expenses are that, one year back, a plausibility concentrate on the new machine directed for Gordon by an outer firm of advisors, cost Gordon $20,000. With the new machine, Gordon will likewise lose $10,000 of deals of another item to Tom Lee. With the new machine, an irregular measure of cleaning supplies (current resources) at an expense of $9,000 will be required, and Henry gauges that money due (likewise current resources) will increment by $14,000. Both of these increments in working capital will be recovered toward the finish of the new machines life in five years time. Gordons cost of capital is 9%. The duty rate is 30%. Assessment is paid in the year in which income are gotten. (a) Calculate the net present estimation of the proposed change, that is, the net advantage or total deficit in present worth terms of the proposed changeover. (b)Should Henry buy the new machine? State plainly why. Answers : (1)Introduction Capital Asset valuing Model (CAPM) has been on the most significant hypotheses identified with money related administration and present day monetary financial aspects that has applications in venture financing and protections advertise concerning estimation of cost of capital of the organizations and assessment of the presentation of the portfolios separately. It is one of the most generally utilized models despite the fact that has been provoked a few times regarding its applications and precision. This article gives the fundamental comprehension of the CAPM by featuring the suspicions basic the hypothesis. Further the connection between the Security Market Line and the Capital Market Line is considered. The exposition additionally talked about the applications, advantages and restrictions of CAPM. Ultimately the suggestions have been made for the option of CAPM or what changes can be made to CAPM to diminish the impact of constraints. Capital Asset Pricing Model CAPM gives the connection among hazard and anticipated return. This relationship is given by the numerical equation Here is normal return is the hazard free return is affectability of the advantage for the adjustments consequently on advertise is the normal return of the market The relationship that is given by the CAPM is valuable in two different ways. Right off the bat it gives benchmark pace of return that must be normal from the given venture openings. Besides it is utilized for anticipating the profits partially. There are sure presumptions dependent on which CAPM has been created. These are as referenced beneath Hazard Return enthusiasm of speculators: The financial specialists are chance disinclined and want more degree of profitability. The hazard will be maintained a strategic distance from if the arrival is same on two speculation alternatives. Enhanced portfolio is held by the financial specialists: This suspicions depends on the way that it has been expected that there is no unsystematic hazard and that Acquiring in danger free rate: Another supposition that will be that the speculators can put resources into exceptional yield ventures by getting in danger free rate. Short Selling: There is no limitation on short selling in the market and all the financial specialists can exchange all the accessible alternatives. The purchasing or selling of the stock won't have any effect on the costs. Entirely proficient market: It is accepted that the market is totally effective and that equivalent data is accessible to all the speculators. There is no exchange cost or whatever other expense that is appropriate. In light of these presumptions the CAPM model has been created. Different angles as for CAPM have been talked about underneath. Security Market Line Capital Market Line Capital Market Line (CML) is utilized in CAPM for representing the arrival from proficient portfolio which is reliant on the hazard free rate and the degree of hazard related with the portfolio. CML is the connection of come back with chance estimated regarding standard deviation. Then again Security showcase Line (SML) shows the connection between the beta of the stock and the arrival related with it. The proficient boondocks that has been appeared in the above graph is the arrangement of every ideal portfolio that offer most noteworthy expected return for a given hazard level or the least hazard. The portfolios that lie beneath the effective portfolio are over-esteemed as ideal expected return isnt there while the portfolio that are over the CML have higher hazard. The condition of CML is demonstrated as follows. The protections, resource or portfolio that are over the SML are undervalued while that beneath the SML are exaggerated. One of the most significant contrasts between the CML and SML is that CML is pertinent to the portfolio while the SML is appropriate for security, resource or portfolio. Further the other distinction between the SML and CML is that SML recognizes chance as far as beta while in CML standard deviation is the proportion of hazard. Utilizations of CAPM CAPM has its applications in various sections. These have been talked about underneath Portfolio investigation: CAPM has its application in portfolio examination. In view of the CML that has been talked about above it tends to be assessed whether the portfolio is underestimated or over-esteemed. Proficient portfolios lie on the CML. Further the benefits that are over the SML are undervalued comparative with true to form dependent on CAPM while the advantages that lie underneath the SML are overrated according to as meant by CAPM. Venture Decisions: the speculation choices as for the estimation of the undertaking and the arrival it can produce might be evaluated dependent on the CAPM. Applications to capital Budgeting: CAPM is utilized for building up the obstacle rate for the activities. Therefore dependent on the CAPM WACC can be assessed which can additionally be utilized for the estimation of the Net Present worth (NPV) or Internal Rate of Return (IRR). The above applications recommend that dynamic has been disentangled dependent on the CAPM model and the thought might be given to different factors instead of the expense of capital or the estimation of profits at the essential level. Advantages and Limitations CAPM has been one of the most significant and has been executed endlessly in different examinations. There are sure advantages which support CAPM rather than different speculations and models that have been created. Methodical Risk Estimation: the straight relationship that has been referenced above is spoken to by the Security showcase Line featuring the connection between the beta, advertise chance and the normal return. Further the unsystematic hazard is wiped out making the model very basic and straightforward and execute. The experimental testing of CAPM shows that regardless of its mistakes it is significantly more dependable than different models, for example, exchange valuing model and so forth. It is accepted that CAPM can be the reason for the further investigation and improvement in the estimation of return in contrast with different models. There are sure constraints of CAPM that have been talked about beneath Right off the bat CAPM depends on specific suspicions. The suspicions that have been referenced before, for example, no exchange cost, expenses or impact of swelling available are ridiculous. This impacts the unwavering quality of the CAPM. For instance in the ongoing past the CPM has inadequately clarified the stock returns in USA and UK showcase as there has been impressive effect of these components. There are sure restrictions concerning the system that is embraced in CAPM. The arrival estimated by the CAPM is an element of hazard. The overall instability of the venture is the premise of estimation of return. Anyway this is essential to comprehend that the unpredictability might be higher in contrast with what is delineated by CAPM. Furthermore the record that has been chosen as the market intermediary may not be sufficiently pertinent to quantify the profits on the speculation. In conclusion, as referenced over the utilizations of CAPM is in estimation of weighted normal expense of capital. Since CAPM utilizes authentic information and it is normal that a similar connection as delineated by the recorded information will be relevant. Anyway the effect of different elements affecting the exhibition in future likewise must be thought of. End Recommendations CAPM is absolutely one of the most helpful models that has its applications in planning, protections and task examination. The different advantages of the model show why this has been embraced over the budgetary division. Then again the constraints feature the need to lead concentrates on the model and create options to CAPM and ways by which this can be actualized (Fletcher Kihanda, 2005). One of the ways is to present the param

Critical Analysis of Dramatic Irony in Hamlet free essay sample

Basic Analysis of Dramatic Irony in Hamlet Ophelia adores Hamlet in spite of the fact that we accept he doesn’t feel a similar path towards her by the manner in which he treats her at specific occasions in the play, yet he genuinely at long last shows he cherished Ophelia. This episode controls crowd feelings, creates character and builds up the contention of the play. It controls the crowd feelings on the grounds that it’s indicating something that the crowd has presumably found in actuality. When there’s an episode like this happening, all things considered, individuals will feel tragic on account of the pessimistic things that are going on to an individual. In this episode, the crowd realizes that she’s been succumbing to Hamlet, and still the crowd would incline toward witnessing the best result to Ophelia, however the crowd knows the purpose behind it to not occur, hence the crowd feelings become controlled. This episode builds up the character on the grounds that by Hamlet not feeling the manner in which she does towards him, it gives the crowd a knowledge on how Hamlet feels about ladies. We will compose a custom exposition test on Basic Analysis of Dramatic Irony in Hamlet or then again any comparative subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page For this situation, the crowd can see that Hamlet’s disturb of his mother’s unexpected marriage causes him to turn into an enemy towards ladies. He thinks they’re all indistinguishable, simple to convince like his mom was convinced by his uncle and in scramble as well. It builds up the contention of the play on the grounds that all through the play, another negative sentiment of Hamlet’s, consistently gets communicated, and tails in a steady progression. It expands on to the play, which makes Hamlet state later on, â€Å"to be or not to be. Each time Hamlet feels awful the more he doesn’t esteem his life and the more he wants to be dead. All in all, this is the means by which the occurrence has an effect. It does such huge numbers of things to the play, similar to how it draws out a character, how it contacts a crowd of people, and how it expands on the contention. This episode is one of significant pieces of the play on the grounds that without it , we may not see Hamlet as far as we can tell now.

2017 Freshman Denials - UGA Undergraduate Admissions

2017 Freshman Denials - UGA Undergraduate Admissions 2017 Freshman Denials We plan to make the final wave of freshman decisions available late afternoon on March 17th. Unfortunately, we were not able to admit a number of strong applicants as we are limited in the size of our freshman class. We know that you have a number of other strong college options and suggest you focus on the other great opportunities that are ahead rather than on a denial from UGA. If your ultimate goal is to graduate from the University of Georgia, then we suggest you look at transfer opportunities down the road. For now, focus on your current college options, find one that fits you best, and have a great freshman year there. Please read ourDenied Student FAQif you have questions. If you decide to contact us next week, please understand that we will not be able to give you a specific reason for a denial, as in this process we have looked at everything within everyones file, and the overall reason is really that the overall applicant pool is very large and very strong. Please remember that this is not a blog where you should post statistics or throw fellow classmates under the bus. These types of comments will be deleted.

The Study of Motivation Essay - 2041 Words

Literature Review Motivation MacIntyre et al. (2001) define motivation as â€Å"an attribute of the individual describing the psychological qualities underlying behavior with respect to a particular task† (p. 463). The study of motivation as a predictor of second language learning performance was initiated by Gardner and his Canadian colleagues (1972). According to Gardner and Lambert (1972), there are two kinds of motivation: integrative motivation, referring to a holistic learning approach toward the speech and culture of the target language group, and instrumental motivation, referring to language learning for more immediate or practical goals. Intrinsic and extrinsic are the new classifications of motivation. Intrinsic motivation is the†¦show more content†¦Both types are important. A learner might learn an L2 well with an integrative motivation or with an instrumental one, or indeed with both (Cook, 1991). . The level of identification with bilingual or trilingual identity is also influenced by the learners’ attitudes toward the learning situation. These attitudes refer to the individuals’ reactions to anything associated with the immediate context (e.g., the course and the teaching environment) in which the language is taught (Gardner, 1985).All the men show higher instrumental motivation towards foreig n language learning than woman. Instrumental motivation, also called rational, pragmatic and utilitarian, refers to the individual’s desire to acquire a second language in order to use it for operational purposes, to pass an examination, acquire a job, or visit a foreign country (ibid). Rahman explains rational language learning as the learning of a language â€Å"in order to empower oneself by acquiring the potential to acquire employment† (2002). . It has been pointed out that Gardner’s motivation theory includes an educational dimension and that, the Attitude/Motivation Test Battery (AMTB), that he and his colleagues developed contains several items focusing on the learners evaluation of the teacher and classroom learning situation. Gardner and MacIntyre (1991) themselves had noted later that the old characterization of motivation in terms ofShow MoreRelatedMotivation Case Study On Motivation1756 Words   |  8 Pages PERSONAL CASE ANALYSIS â€Æ' Contents INTRODUCTION 2 BACKGROUND 3 MOTIVATION KEY ISSUES 3 ALTERNATIVE SOLUTIONS 4 OFFER REWARDS 4 PROVIDE AN EFFECTIVE COMMUNICATION 5 PROPOSED SOLUTION 5 CONCLUSION 5 RECOMMENDATIONS 6 REFERENCES 7 â€Æ' INTRODUCTION Motivation is the basic needs to improve the performance in the workplace to attain a goal. In today’s era, the impossible things are going to be possible through effective motivation which gives us the quality of work. Being a successful manager means deliberateRead MoreMotivation and Study Strategies2436 Words   |  10 Pagescan unravel effective study strategies by discovering what their learning style is and by embracing inspirational motivation skill. Motivational skills can trigger cognitive reasoning, and allow the mind to learn and become successful. As a group, we chose motivation and efficient study strategies, because these topics parallel with each other, illustrating the need for both to be victorious in academic goals. Negative motivators can prevent learning in one’s life. Motivation comes in all forms creatingRead MoreA Study On Employee Motivation Essay6476 Words   |  26 PagesCHAPTER-1 1.1 INTRODUCTION The project titled â€Å"A study on employee motivation with reference to network 18†, is conducted to identify factors that are responsible for motivating the employees and the organizational functions of Network 18, Noida. The focus of the project is on what motivates the employee the most. Hence the main subject which have been focused on was Employee motivation or motivation in general. Management’s basic job is to utilize human resources effectively to achieve the organizationalRead MoreMotivation Case Study1769 Words   |  8 Pagesthis essay is to discuss the topic, motivation, by conducting a detailed literature review, interpreting the results from motivation self-assessment tests and analysing a motivation-related case study. This paper will be divided into three main sections and the first section will demonstrate the key concepts suggested by various researchers such as Ryan (1995) and Herzberg’s (1996) theory about motivation. Secondly, an analysis of outcomes from personal motivation surveys will indicate my work behaviourRead MoreMotivation And Rationale For The Study2130 Words   |  9 PagesMotivation and Rationale for the Study As a former elementary school teacher and a reading specialist in an urban school setting, I have had the opportunity to work with many English Language Learners (ELLs) in my teaching career. About 75% of my ELLs had limited English proficiency when they first entered my classroom as first graders. I witnessed first-hand the frustration and silence of students who simply could not formulate coherent sentences or understand texts that were being read becauseRead MoreCase Study 1 Motivation994 Words   |  4 Pages1- In the first paragraph: â€Å"†¦were substituted by new â€Å"fresh * enthusiastic†Ã¢â‚¬ ¦Ã¢â‚¬  Job Engagement Motivation Theory –Because these new managers are fresh and enthusiastic they have a higher probability of being engaged with their jobs, and therefore more motivated In the middle of the second paragraph: â€Å"Felt angry and unfair†¦Ã¢â‚¬  Equity Theory- Discussed in question no. 2 In the second paragraph: â€Å"Mr. Armaghani gave them an offer†¦Ã¢â‚¬  Reinforcement Theory- The stimuli–employees sadness- is followedRead MoreCase Study Art of Motivation5060 Words   |  21 PagesHUMAN RESOURCE MANAGEMENT THE ART OF MOTIVATION Human Resource Management MRB 2032 Case Analysis 3 THE ART OF MOTIVATION EXECUTIVE SUMMARY This article is about the art of motivation in Nucor, about strategy and action plan to motivate the people such as talking to them, listening to them, taking a risk on their ideas, and accepting the occasional failure. It s a culture built in Nucor with symbolic gestures with unblinking focus on the people on the front line of the business inRead MoreEmployee Motivation – a Short Case Study1198 Words   |  5 PagesEmployee Motivation – A Short Case Study I joined CVS Caremark project at TCS-Noida in November after a successful stint at Aviva in TCS-Bangalore, where I had worked as a trainee. I had always wanted to go back to my hometown and live with my parents and when I got a transfer to Delhi I didn’t waste a single moment in saying yes to the new project and heading towards Delhi. Many of my friends were also moving out from Bangalore at the same time which only made my decision easier. I felt that CaremarkRead MoreMotivation Rent-a-Car Case Study3200 Words   |  13 PagesTopic: Rent-A-Car Case study Course: 501 HUMAN INTERFACES Final Assignment Instructor : Michele Vincenti Student Name : Navanjot Singh Bajwa Class : MBA 501 Table of contents: Abstract†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.3 1. Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 2. Motivation and approach used by Rent-A-Car†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6 3. Culture of an organization†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.9 4. Analyzing the Vote System†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..10 5. Effectiveness of MotivationalRead MoreStarbucks’ Corporation: Case Study in Motivation2241 Words   |  9 PagesCase Study Report Starbucks’ Corporation: Case Study in Motivation Submitted to: ----------------------------- Faculty, MBA Program, BRAC University Submitted by: SNS MBA, BRACU Course Title: Organization Behavior and Leadership Course Code: HRM 501, Section: 03 Semester: MBA, Fall-2013 Date of Submission: 8 November 2013 Introduction: This report is a part of Masters of Business Administration (MBA) program, Organization Behavior and Leadership (HRM 501) course of

My Nursing Philosophy My Philosophy Of Nursing Practice

Nursing philosophy My philosophy of nursing practice is being kind to others. I use my knowledge and skills to help people. I also respect patients’ preferences, values and choices even though they differ from mine. I will try to understand and show empathy to my patients through seeing them beyond their illness and provide holistic and culturally sensitive care. Nursing is not just a job that looks after the sickness, rather, it is about the humanity, about being a human for another human. As a profession, nursing is accountable for patients or clients, communities and society. Therefore, my practice should always adhere to professional standards, guidelines and professional codes of conduct. I have a commitment to quality of care†¦show more content†¦My professional learning plan, therefore, focuses on both clinical practice—being prepared for transitional practice, and academic training—developing advanced research skills. While developing my learning plan for career development, I also engaged Donald Super’s five stages self-concept theory (Super 1953) and Benner’s five levels of clinical competence (Benner 1984). According to Super (1953), between the age 25 to 44 is the establishment stage when a person experiences a process of settling down and then advance the career. It requires the person to build entry-level skills and stabilises position through work experience. As I am a culturally and linguistically diverse (CALD) nurse , it could take 2 to 3 years for a CALD nurse to adapt into a new working environment (Jeon Chenoweth 2007). Therefore, my five-year professional learning plan was developed with a focus on the next two years (Table 2). Three strategies These three strategies can support my both professional and scholarly development in becoming a clinical research nurse. 1) Mentor and networking The emotional stress and the needs to develop competence are commonly challenging newly graduated nurses (Oermann Garvin 2002). Mentoring or coaching young professionals can support them in career development and resilience (Davidson, Elliott Daly 2006). Mentors play various roles in clinical settings, such as advisers and counsellors (Ali Panther 2008). Their support does not limit toShow MoreRelatedMy Philosophy Of Nursing Practice929 Words   |  4 PagesPHILOSOPHY OF NURSING 2 My Philosophy of Nursing Practice: What Does Nursing Mean to Me? â€Å"Why do you want to be a nurse?† A question that has been asked more times than can counted on fingers. As a nursing student, you are encouraged to discover why nursing spoke to you. There is the cliche, inner desire of wanting to help people of course, however, there is more to it than just that. As a nurse, you are challenged every day and pushed beyond your limits to new heightsRead MoreMy Personal Nursing Philosophy For Professional Nursing Practice808 Words   |  4 Pagesdefine, research and utilize the concepts that underscores my personal nursing philosophy for professional nursing practice. This paper also discusses the four metaparadigms of nursing with reference to professional practice. Nursing Autobiography I believe this about nursing, it is not just a profession, but merging of passionate and holistic care. My desire to become a nurse sprouted when I went for a mission trip to a Leprosy Hospital near my home town in India. There was still a social stigma againstRead MorePhilosophy Has Influenced The Development Of Nursing1572 Words   |  7 PagesPhilosophy of Nursing Philosophy has influenced the development of nursing. Philosophy of Nursing promotes the application of nursing knowledge and helps develop nursing theory and knowledge. Nursing theories and philosophies of nursing influence each other. Nurses designed Philosophy of nursing to explain the beliefs, role, and interaction with patients. Philosophy is the application of one s knowledge to different situations that occurs when practicing as a nurse. It changes the identities, beliefRead MoreNursing: Providing The Best Possible Care For Patients1457 Words   |  6 PagesPersonal Nursing Philosophy Nursing has developed from its original roots, to become a personal philosophy to those who practice it. This paper describes my personal philosophy of nursing that I plan to practice in my own personal career. I believe that nursing is founded on the principles of it being a helping process with a focus on interpersonal relationships between a nurse and someone else. Nursing not only involves treating an illness, but it also provides quality patient-centered care. My philosophyRead MoreNursing : Health Cooperation, And Personal Philosophy Of Nursing Care1339 Words   |  6 PagesPersonal: Philosophy of Nursing Care Introduction Nursing philosophies are used by many institutions and places of employment. It is important that student nurses and nurses read and gain knowledge from their facilities nursing philosophy. Philosophies give the nurse a guideline of how their facility defines the aspects of nursing and what is expected of them as nurses of that facility. It is essential for nurses to go back after they have graduated from nursing school and reread the nursing philosophyRead MoreMy Personal Philosophy Of Nursing1304 Words   |  6 PagesMy Personal Nursing Philosophy A nursing philosophy is concepts or values that a nurse embraces within his/her practice and allows these concepts and values to shape the way he/she practices nursing and drives the purpose of their nursing care. It is important for each nurse to develop his/her philosophy of nursing to be a purpose driven nurse. Each nurse will have his/her own nurse philosophy because each believes differently. Nursing philosophies might come from different understandings butRead MoreMy Personal Philosophy Of Nursing949 Words   |  4 PagesMy Personal Philosophy of Nursing My inspiration to pursue a career in Nursing began at a young age, after reading the biography of Florence Nightingale. I was in middle school, and intrigued at her courage, and dedication to care for the sick. As I entered college, and into a formal nursing education program, I still viewed nursing as, the care provided to another in need. Without my knowing, I was developing a philosophy of nursing for myself. As the years passed, I began to realize that nursingRead MoreMy Philosophy Of Nursing Philosophy1481 Words   |  6 PagesMy philosophy of nursing My own nursing philosophy arises from my Knowledge as a nurse, personal beliefs and experiences, I have gathered throughout the years from my interactions with diverse patient population and other healthcare professionals, while working in different setting as a nursing in the health care. This also addresses nurse s ethics, goal and values as it relates to my nursing practice. My Nursing Philosophy is based on five components: nursing, Person, environment, holistic careRead MoreMy Personal Philosophy Of Nursing1676 Words   |  7 PagesFor the purpose of the paper, famous philosophies and a personal nursing philosophy is presented, including the personal definitions of the four phenomena of nursing namely person, environment, health, and nursing. The said philosophy will then be compared to other professionally-acclaimed philosophies. Included in the discussion is the importance of a nurse’s role in providing health care to persons, family, and the society and how it is able to address problems in the face of cultural and spiritualRead MoreThe Philosophy Of Nursing Is The Essence Of A Successful991 Words   |  4 PagesThe philosophy of nursing is the essence of a successful health care practice. The idea of helping patients lies in the understanding of their needs. It is the approach that helps me to perceive the nature of a successful nursing practice. In fact, the best health care professionals are as people know them since they have their personal philosophy of nursing. Thus, the vast majority of patients trust such nurses and are eager to follow their recommendations on the medical interventions. The purpose

Can You Imagine a World Without a Superpower Free Essays

Coined by Dutch-American geo-strategist Nicholas Spykman in 1943, the political term ‘superpower’ is used to refer to a country with the ability to influence events or project power on a global scale. ’ It is difficult, if not impossible to envisage a world without a superpower. There are a number of reasons to support this assumption. We will write a custom essay sample on Can You Imagine a World Without a Superpower? or any similar topic only for you Order Now We begin with the first and most blaring- It is simply difficult to imagine a world without a superpower because history itself has shown that there has yet to come a time when one or more powers do not rise above its counterparts in terms of economic and/or political factors to the extent that they are able to impact various issues on a global level. From the ancient civilizations such as the Persian, Roman, Mongol, Portuguese and Spanish empires to the Russia during the Cold War and the USSR today, we have yet to observe a period of time when the world has observed an equitable balance of power. It can be argued that just because it has not happened yet, does not mean it will not happen one day. This is a firm basis for a counter-argument, however, it must be understood that in the foreseeable future, with more and more powers working towards this ‘superpower’ status (examples include China, Brazil, India and Russia), a world without superpowers is merely a sanguine, idealistic idea. Another issue that would make a world without a superpower a seemingly utopian concept is the difficulty of administrating such a world. Indeed, if no policing power (such as the USA) had the ability to influence global issues, the world would lack a clear sense of direction. Indeed, major decisions would probably be taken by a representative, multilateral body such as the UN (without a system of permanent seats). In such a scenario, it would be quite difficult to please all the parties involved and a conflict of interest would be inevitable. In a setup such as today, whereby the United States largely acts as the dominant political enigma, at least decisions are made and issues addressed. For example, in 1991, when the USSR was finally removed from its position as the dominant power of Eastern Europe, its surrounding sphere of influence fell into a spiral of economic and political despair. One can only imagine the repercussions if this happened on global level. According to Professor Niall Ferguson at New York University’s Stern School of Business ‘power, like nature, abhors a vacuum. In the history of world politics, it seems, someone is always the hegemon, or bidding to become it. ’ This idea proposed by professor Ferguson, is based on the theory that inherently, every country would like power. It is this elusive pull of power and all that it brings with it that would make a world without a superpower merely a product of idealism. How to cite Can You Imagine a World Without a Superpower?, Papers

People Work and Employment

Question: Discuss about thePeople Work and Employment. Answer: Introduction: There is no gain stating the fact that any private organization works with the ulterior motive of profit maximization. However, it is noteworthy here that employee health is a major factor that ultimately leads to organizational wealth. Hence, an organization must ensure that each of its employees is physically as well as mentally healthy enough to execute the tasks responsible for taking the organization ahead. In case the issue of workforce well-being is overlooked by the organization, it may eventually lead to absenteeism, reduced employee engagement and loss of productivity. Hence, as it can be understood from the case study, the management authority of an organization must respond to the employee health risks, if it is willing to sustain its business n the long run (Larson 2015). Discussion: A healthy, engaged workforce will always lead to organizational success, through increased rate of employee productivity and employee retention. As it can be understood from the case study, the HIV disease was not only affecting the well-being of the employees, but was also a huge loss for the South African economy, as a result of absenteeism and loss of productivity. Hence, John Standish White, the then General Manager of Goedehoop realized the importance of undertaking sustainability initiatives, if the organization was willing to retain its position in the coming years. As more and more young and middle aged youths, especially the semi-skilled employees started getting affected by HIV disease, it became absolutely imperative to promote and maintain the health of the employees so that they could work with greater efficiency and enthusiasm in future (Robbins et al. 2012). Identification of the Sustainability Initiatives and Their Authenticity: As HIV emerged as a huge threat to the life, health, well-being of the employee as well as the profitability of the organization, Standish White realized that such lifestyle diseases usually have a negative, lasting impact on the employee and the organizational performance (Merrill et al. 2013). However, in order to discover a solution, Standish White had to gain an insight into the root of the problem. Hence, the organization follows the initiatives, through a 3 step procedure: Research about the problem Communicate the problem Introduction of health programs (stbye et al. 2015) For the successful implementation of any sustainability initiative, a thorough research into the problem is required. Hence, Standish White visited a sex worker, got himself informed about the local sex industry that was leading to the spread of the epidemic in South Africa, and accordingly decided to undertake the initiatives needed to heal the disease. Standish White knew the change in lifestyle was primarily required to control the further spread of the disease, and consequently the organization started arranging meetings and interactive sessions that would help the employees become aware of the way their unhealthy sexual habits were taking a toll on their lives. Further, he realized that without an organized and systematic approach to the problem, the situation could not be brought under control. Keeping this in mind Standish White understood that convincing and persuading the employees about the need of maintaining healthy lifestyle could be possible with the formation of a stro ng team, and hence a team was formed that not only constituted senior managers, but also health professionals such as medical staffs and workplace health educators. Next, regular health check up became an integral part of the well-being program goals, and hence oral tests and other tests were also being arranged to ensure that the health of the employees is being examined, assessed and properly taken care of. Further, the authority also ensured that if the health report showed positive results, the employees were being motivated, and encouraged, and was being sent for further treatment. It is pointless to assume that the employees would be able to take care of their health issues on their own, hence offering financial assistance to the employees, and the introduction of free antiretroviral therapy was an impressive step taken by the organization (Bor et al. 2012). The initiatives undertake were absolutely authentic. The organization did not approach the problem on a random basis, but instead adopted an effective, organized method. John Standish-White formulated new staffing policy in the organization. He made it mandatory for the jobseekers to take on overall medical checkup before joining services of the firm. This ploy would help the firm to screen out the infected incumbents from the process and aboard only those who are tested with no symptoms if HIV/AIDS. This would help the firm to check contamination of the disease among the existing workforce and the recruitment team had made it obligatory to divulge about any AIDS symptoms while applying for a defined role (Ilies et al. 2016). Contribution of the Initiatives to Positive and Social Outcomes of the Employees: Goedehoop exercised a huge impact on the lives of its employees, by the effective adoption of the health programs. The sustainability initiatives adopted by the organization not only assisted the employees in restoring their physical health, but also provided them the moral support necessary to combat a fatal disease (Ganster and Rosen 2013). By employing smooth, effective communication with the employees, the organization succeeded in creating awareness among the employees regarding the cause, symptoms as well as the preventive measures of the disease. Usually, with the spread of an infectious disease, the employees usually start getting panic-stricken apprehending the possibility of their termination, but things were different with Goedehoop. One of the most important impacts of the initiative was that the management has already been able to streamline the infected workers from the large pool of resources. They understood that it might not be a viable idea for the management to dis charge them from services since doing so, would attract ire from various quarters. Goedehoop invested in treatment and care facilities for the infected employees, and this employee oriented approach to the problem certainly increases the motivation of the employees. Usually, people tend to have a negative and slightly pessimistic attitude towards sexually transmitted diseases such as HIV AIDS, which are often discarded and scorned as the poor mans disease. Consequently, this often leads to stark indifference that makes an employee remain ignorant of the cause of the disease, and hence get victimized by the same in future. Hence, Goedehoop organized campaigns and health programs that helped in creating greater awareness among the employees, while at the same changing the negative and contemptuous attitude of the society towards the victims suffering from the disease. This helped in increasing greater social acceptance, and hence encouraged the employees to come up with the HIV issue with less awkwardness, that in turn quickened the treatment procedure. However, confidentiality was not being always maintained, and those affected with the disease, might not always feel comfortable to discuss about the issues publicly (Goetzel et al. 2012). Difference in Outcomes from the Implementation of the Initiatives in Different Organizations: The adoption of these initiatives yielded huge benefit to Goedehoop, but it should be remembered that the implementation of the same initiatives in a different business situation or organization, might have different outcome. First of all, the organization in the cases study was financially strong enough to adopt the most effective strategy needed to help the employee stay aware, or get cured of the fatal disease. However, in case of many small scale organizations, the adoption of these cost-intensive initiatives, especially the health promotion campaigns would have implied a huge financial loss, that cannot be recovered easily, even if the complete health restoration of the employees was possible. It was being observed from the cases study that ART or Antiretroviral Therapy and nutritional supplements were provided to employees diagnosed with HIV at free of cost, however the organizations with less capital, would have incurred a huge loss because of the adoption of this procedure (Y un et al. 2016). Again, the public sector organizations at present are also implementing workplace programs for dealing with the problem of HIV AIDS at workplace. However, unlike the situation of the case study, the public sector organizations may fail to have an integrated and organized approach to the problem. The public sector organizations are likely to suffer from a lack of integration of HIV/ AIDS policies and programs, and it could have happened that instead of a joint effort to control the situation, the HIV/AIDS responsibility could be allocated to the junior staffs with limited skills and expertise, that may ultimately lead to the failure of the system. However, funding the medical expense would have been easier in case of the public sectors, and hence it might lead to greater success in terms of the dsease prevention and health promotion programs (Clemens and Cutler 2014). Conclusion: The management of Goedehoop Colliery was vulnerable to the challenge posed by HIV and AIDS regarding value addition to the shareholders. It is bound by public opinion. No business operation is alienated from the community and the firm in question is also socially responsible and hence the adoption of the effective programs is highly commendable. The active engagement of the management authority in ensuring employee health and well-being not only motivates the employees, but also increases their loyalty and retention rate. Reference List: Bor, J., Tanser, F., Newell, M.L. and Brnighausen, T., 2012. In a study of a population cohort in South Africa, HIV patients on antiretrovirals had nearly full recovery of employment.Health Affairs,31(7), pp.1459-1469. 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