Housing Policy and Strategy Essay Example | Topics and Well Written Essays - 1500 words

Housing Policy and Strategy - Essay Example How do agenda become policies The two terms, which are often confused, need to be clarified. These are the agenda setting and problem definition. Agenda setting is bringing issues to active consideration by the government (Cobb and Ross 1997 as cited in Dery 2000 ) while problem definition is what issues are selected for agenda setting (Rochefort and Cobb, 1994 as cited in Dery 2000). Weiss (1989 as cited in Dery 2000) clarifies this hazy boundary between agenda setting and problem definition by stating that problem is defined as how people perceive a circumstance while agenda setting is process by which some problems come to public attention at a given time and place. In the past the policies were based on a general approach. During the past two decades , however, policies are outcome of creative inputs from local authorities, housing associations and lenders. The government is also required to play role in supporting and sustaining rather than directing and controlling. The implementers in UK judge an idea on pilot scale prior to changing it into a policy. (Williams & Holmans 1997). The UK policy making has undergone further change. The evidence based policy has taken over, to some extent, the earlier opinion based policymaking. Now the hard data, thoroughly analysed on statistical and economic scales, are central to a policy (Defra 2008). The development of a policy can be explained by technocratic or political model (Majone 1989). In the former, the policy develops or changes as per the preferences (or opinion) of policy makers . In the political model, the agenda setting occurs when the public support is gained for an issue. (Cobb & Elder, 1983; Kingdon, 1984; Baumgartner & Jones, 1993 as cited in Dery 2000). Several ideas generated by policy analysts, researchers, and others have become trends as these have been integrated into thinking and policy making (Basolo 2003). Evaluation of a policy brings necessary changes, if required. For e.g. many public housing developments, especially in cities, were originally designed and built to accommodate large numbers of households. The problems to residents in such houses brought attention to the design of public housing developments. It was also realised that the return of policy responsibilities to state and local governments from the central government would offer more suitable policy framing to the local needs.The ill effects of the concentration of poverty developed as observed by public officials and policy scholars. The minorities and poor were shifted to white areas. It is an example where significant amount of public policy attention is aimed at reducing the concentration of poverty (Goetz, 2000 as cited in Basolo 2003). Beland (2005) refers (Lieberman 2002) that while framing or changing a policy equal importance to ideas and institutions should be given. He thinks ideas are 'roadmap' to framing a policy. The pioneer in agenda setting study, Kingdon (1995) states that agenda could be defined as the most aggravated problem of the moment and alternative as policy options capable of solving it. He further elaborates that agenda and policy options arise by the interaction of three elements viz. Problem, policy and politics. The social groups and politicians to mobilize system in favour of a specific issue use these three elements. The

Thinking Book Review Essay Example for Free

Thinking Book Review Essay Book Review:   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The chapter speaks about personal barriers and the system of enculturation. Enculturation meaning the way we were raised up by our families, the culture, work and religion affecting us through the way we see things. Importantly, are the factors of acceptance in society and following those norms through your lifestyle.   The things you eat, drink, religious beliefs, violence and discrimination are all generated by enculturation.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   When people step aside from the conditions of enculturation, they become more aware of the teachings and the ideas of others. It creates a theme of having an open mind and of better understanding. If the individual would step aside from some of the things brought down by family and the environment it would disregard many of the misconceptions being spread and taught. If those who are unable to resist the process of enculturation tend to be fanatics instead of thinking things objectively on different social and ethical concerns. Critical Review:   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Overall, the chapter allows one to reflect upon ourselves to see how culture, environment, and family affect us in many different ways. From the ideology to the way we treat people, we see others who think different than us as ignorant or blind but in actuality it is us who categorize and judge others based on our beliefs. Our own egos get in the way of learning and understanding other people or from experiences we would not have if it was not because of our own ideas. In the long run, we have to rationalize and understand that different ideas and personalities are what make us unique and learn to disagree or agree without regarding your personal emotions. We ourselves placed these personal barriers that as time pasts leads us to regret and stress.

Henri de Toulouse-Lautrec Essay -- Visual Arts Paintings Art

Henri de Toulouse-Lautrec Henri de Toulouse-Lautrec was arguably the greatest graphic artist of his time; he is best remembered for his bold, colourful posters of Parisian entertainers. His childhood years were spent at his family chateau in the southwest of France where he broke both of his legs and therefore stunted his growth. This left him ill proportioned and dwarfish. This unfortunate event probably helped his artistic ability as he spent most of his time on his own. Lautrec was at his peak as a painter and poster artist in the early 1890's at the time of the post impressionists. During his life Lautrec felt most comfortable in the nightclubs, dance halls and brothels of Paris. The narrow life he led is clearly shown in the art that he produced. Lautrec was best renowned for his paintings of the Moulin Rouge and other Parisian entertainers. Lautrec was not the first artist to make the Parisian entertainers serious subjects to paint, Edouard Manet and Edgar Degaswere among the first to paint the Paris nightlife and others soon followed their lead like Lautrec. Although Lautrec's many paintings looked spontaneous and carefree he as never "slapdash" as in he was never messy or careless. He was in fact a dedicated craftsman who knew a lot about the technical matters of his work, especially printmaking. Even after a rough night he would be up to supervise the printing of his lithographs bright and early. Lautrec always carried a small sketchbook with him so he could quickly draw or sketch whatever caught his attention and today thousands of his rapid drawings still survive in the original sketchbooks. He has also reached the elevated position of a dead artist where there is a museum dedicated to him and his work in Albi, France close to where he was born near Toulouse. In the actual paintings of his sketches he tried to keep the spontaneity of the first sketch and therefore liked to work quickly. To work fast he liked to use paint that was thinned considerably with turpentine, which was called peinture a l'essence, which allowed him to so called 'draw with the brush'. He also liked to use absorbent cardboard instead of canvas so the paint would dry quicker and therefore could maintain his momentum. Most painters have a trademark technique and Lautrec's trademark was the printmaking technique called 'crachis' or ... ...reas before this addition the painting must have been a restrained and balanced masterpiece. The unidentified redhead sitting at the table is wearing an exotic headdress that stands out magnificently against her red hair. If you look at each person they each have a distinctive hat or hairstyle as Lautrec was fascinated by different styles of headwear. The mirrored background that lines the walls gives the painting an undefined background so the silhouetted figures stand out boldly in the mirror. I liked this painting because it shows the somewhat quiet of the normally busy Moulin Rouge. The way Lautrec contrasted the brightly painted woman and the redhead at the forefront of the painting with the blacks and browns of the background also attracted me. I also admired the way Lautrec maintained the spontaneity all through his work. My favourite painting of the two that I have talked about is 'At the Moulin Rouge' because I think that this one looks more difficult to paint than 'At the Circus Fernando' as it is in greater detail and most importantly I think it looks better. But take nothing away from 'At the Circus Fernando' as this is also a brilliant piece of art.

Christian Reformation :: Religion, History, Informative

The Protestant Reformation   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Many ideas of the Renaissance like humanism, individualism and secularism stimulated a strong critique of the church ´s policy and the clergy ´s behaviour. Many people regarded it as a scandal that the catholic church sold indulgences. Indulgences were documents, stamped by the church which could reduce your sins. People who bought indulgences believed that this document could pave their way to heaven. In northern Germany they went so far that they even sold indulgences which could reduce the sins which you are going to commit in the future. They also sold indulgences for the salvation of somebody ´s dead relatives.   Ã‚  Ã‚  Ã‚  Ã‚  Martin Luther a German priest, who lived in the small city of Wittenberg was the the most famous critic of the corrupt practices of the Catholic church. He wrote his critiques down in 95 theses on a door of a church in Wittenberg. These 95 theses spread quickly all over Germany and parts of northern Europe. The first reaction of the catholic church was a reduction of the sales of indulgences. But this sale was not the only point Luther criticized in the Catholic church. The Catholic church taught that salvation comes from faith, good deeds and the assistance of the church. Martin Luther ´s concept was that salvation comes by faith alone. Martin Luther also translated the bible into German. So far the bible was only written in Latin and the most people could not read it. For Protestant people the bible was the only source of truth.   Ã‚  Ã‚  Ã‚  Ã‚  After a long argument between Luther and the church Luther was excomunicated from the church in the year 1521.

Is College for Everyone Essay

Going to College is a choice that everyone has. I think that College is for everyone because everyone in this world has a right to a good education. I know that good education will improve my chances of having a good job and a higher wage. But on the other hand, College is not free and mostly it is expensive. We have to pay for every semester, for the books and for some student loans and some students do not want to carry big responsibilities like getting into dept or paying loans so instead of going to College they just seek help from a master craft man. A Master craft man gives you a job and share his knowledge to you straightly to the point and without consuming a lot of time. There is also a chance of being successful like a master craft man even if you don’t go to College especially if you have better learning at a trade. But even though College is not free and it cost a lot, but I think everyone should at least try going to college because everything that you spend for College will get back to you ‘cause College will afford us more opportunity to make money for the reason that most of the highest paying jobs require a college degree. And knowing you earn a degree will undoubtedly give a lifetime of pride to yourself and to the whole world. College will make you an expert at something which you can share with others. Many social service positions like Doctor, Lawyer, Teacher or Scientist require a College degree and being able to help others means you have to educate yourself first through higher education. If you have a College degree, you will be able to support your family with a larger salary. You will be able to help your children with their homework and can give them a better future as a result they will be more likely to attend College. Otherwise, if you think you already have skills and expertise and if you think it is not better to spend half of your life in school then College is not for you. You can just improve your skills and expertise by yourself or by the help of others and you can apply to a job that you are interested in and at the same time to a job that doesn’t require a College degree. Like me, I am good at working with people, I love helping them and socializing with them however, it doesn’t mean that my skills and expertise are enough. I also want to work at the field of medicine so I should go to a University because there, I can get a Doctorate degree and I believe that my skills and expertise are not enough to reach my goals in life. Going to College will more improve our ability, flexibility, skills and expertise and will expand our understanding of the world and what it has to offer. You have more chances and choices at getting a good job by going to college. You will have a better chance to stay employed longer if you have a degree. I believe that College education is extremely necessary in our modern society. Jobs now are becoming increasingly harder to get, and with the increase of the uneducated population, having a College education will allow you to get most any job you apply for. However, people can still earn money even if they won’t go to College through jobs that don’t require a College degree like Web Developer, Medical Secretary, Teacher’s Aide, Hair stylist or House painter. Also, if you join an apprentice program and you are offered full employment when you become a journeyman you will get a good pay or if you already have a secure job and you are contented in the salary, you can survive even if you don’t go to College. But if the reason of not going to College is you can’t afford it, there are solutions; you can get into College through scholarship and student loans, or if the reason is you already have a secure job, then you can go to College at night because they are open about 7 o’clock in the morning to ten o’clock in the evening and also if you lose your job, at lease you still have a choice because you go in College and you got a degree. In reality and in most cases the more education we have, the more careers and jobs we can choose from and the more money we can earn. College is a proven pathway to greater awareness socially and academically. College will expose you to things that you will not find anywhere else. You will meet new people and you get to do amazing and new activities. College will improve your socializing skills because every day you will be able to socialize with different people from different countries with different attitudes and point of views in life. College will help you to be aware in your life and in the surroundings. It will help you realize what kind of society we have in this generation. In our generation, we have a watchful and judgmental society and because of that, College will open up our eyes, it will make us conscious and will make us think what kind of life we want to have in the future with this society, in other words, College is encouraging us to have a good educational background . Yet, Colle e will give us a lot of problems like having many projects, sleeping late because of homework, and dealing with strict professors also, managing schedules but I strongly believe that those problems are helpful to us. Through the problems that we will encounter at College, surely it will make us firm, stronger and will let us stand in our own and at the next time that we will encounter problems, it would be easier for us and more likely we can handle it in a right way. W will also be able to help people to solve their problems with confidence and knowing that through our College experiences, we learned to stand up and don’t easily give up. College will greatly prepare you to create and take the jobs of the future. College prepares you for the career you’re interested at and also it prepares every student in their way of facing life. Your experiences in College education make you stronger and help you grow up maturely and your manner of working is very important because it reflects what kind of educational background you have. Higher Education will increase our knowledge which we can use it if we already got a job. College open doors of opportunity and expands our horizons. I truly believe that education is valuable because education is our passport to the good future and education is the key to success. Everything can be taken away from us but not our knowledge and skills acquire through experience and education and I strongly believe that by going to College we will reach our goals and we will be able to live in a comfortable life.

A Guide to Harvards Online Certificate Programs

A Guide to Harvard's Online Certificate Programs Harvard Extension School students can choose from more than 100 online courses taught by Harvards distinguished faculty. As you would expect, these classes are challenging and require a significant time commitment. The majority of extension school professors are Harvard affiliates, but some teachers come from other universities as well as businesses. No special requirements are needed to enroll in Harvard Extension Schools online courses. All courses have an open-enrollment policy. As Harvard explains, A certificate demonstrates to employers that you have acquired a certain body of knowledge in a field. The courses for each certificate give you the opportunity to gain a currently relevant background for a field or profession. And the educational quality of the Harvard Extension School is widely recognized by employers. Harvard Extension School Certificates Harvards online program is accredited by the New England Association of Schools and Colleges, a  regional accreditor. Students can take Harvard’s online courses individually or enroll in a degree or certificate program. In order to earn a certificate, new students must take five classes. There are no other admissions or capstone requirements. Students desiring no on-campus work may earn a Certificate in Environmental Management, a Certificate in Applied Sciences, a Citation in East Asian Studies, or a Citation in Web Technologies and Applications completely online. Other programs have mandatory residencies. A bachelors degree may be completed by taking four on-campus courses in addition to online work. Masters programs with limited residencies include  liberal arts, management, biotechnology, environmental management, and information technology. Open Admissions Individual classes at Harvard Extension School have an open-admissions policy. Certificate courses are conducted at the graduate level, so most students have already completed their undergraduate education. In order to complete the courses, students should also be proficient in English. By enrolling in the courses themselves, students will be able to determine if the level of coursework is appropriate for their experience. Costs Harvard Extension School tuition averages approximately $2,000 per course, as of May 2017. Although this price is more expensive than some online programs, many students feel they are receiving an Ivy League education for the price of a state-funded school. Federal financial aid is not available for students enrolled in degree or certificate programs through the extension program. Something to Consider Although the extension school is part of the university, earning a certificate from Harvard does not make you a Harvard alum. As Harvard explains, Most Extension School graduate degrees require 10 to 12 courses. With only five courses and no admissions requirements, certificates offer a quicker path to a professional development credential... Since the on-campus and online certificates are not degree programs, certificate awardees do not participate in Commencement or receive alumni status. Interested students may also want to look at other prestigious colleges offering certificate programs, including eCornell, Stanford, and UMassOnline. Experts generally recommend that students take online classes due to their relevance and their potential for advancement in a particular field, rather than their association with an Ivy League institution. However, some career counselors argue that a certificate from a prestigious school can help make your resume stand out from the crowd.

Free Essays on Earnings Gap

Earnings Gap Lester Thurow has presented the issue that women have failed to make more progress towards closing the earnings gap between women and men in his article, â€Å"Why Women are Paid Less than Men.† He begins the article with comparing the earnings of racial groups such as black men to white men, Hispanic women to white women, and black women to white women. He also gives statistics about the earnings of black men to black and Hispanic men to Hispanic women in order to show how minority earnings are increasing faster than women’s earnings. By emphasizing on race, he sidelines from the real issue at hand. Thurow presents many causes as to why women are paid less than men, before he presents his own reason. He suggests to the audience that men are, â€Å"programmed,† economically, to provide for their families while women are â€Å"programmed,† to take care of their family’s needs. This statement is used to convince us that this cause is due to the â€Å"biological facts of life† (187). Thurow gives this assertion and also explains that it has no evidence. The next topic that Thurow suggests is that discrimination is the cause for the difference in salaries between women and men. This cause was directed towards an audience of men due to statements like â€Å"your wife.† Thurow’s tone suggests sarcasm as he talks about this cause. He would not use a statement such as this if he were persuading an audience including women. Thurow also tries to persuade the audience that discrimination may be an issue. He wants readers to believe that for men to discriminate against women would be illogical because their household incomes would decrease by lowering their wives’ income. This argument is not valid unless husbands are the ones who decide women’ salaries. Thurow talks about educational gaps between men and women. He dismisses this as a cause due to the fact that the educational gap between the two has been closed since World... Free Essays on Earnings Gap Free Essays on Earnings Gap Earnings Gap Lester Thurow has presented the issue that women have failed to make more progress towards closing the earnings gap between women and men in his article, â€Å"Why Women are Paid Less than Men.† He begins the article with comparing the earnings of racial groups such as black men to white men, Hispanic women to white women, and black women to white women. He also gives statistics about the earnings of black men to black and Hispanic men to Hispanic women in order to show how minority earnings are increasing faster than women’s earnings. By emphasizing on race, he sidelines from the real issue at hand. Thurow presents many causes as to why women are paid less than men, before he presents his own reason. He suggests to the audience that men are, â€Å"programmed,† economically, to provide for their families while women are â€Å"programmed,† to take care of their family’s needs. This statement is used to convince us that this cause is due to the â€Å"biological facts of life† (187). Thurow gives this assertion and also explains that it has no evidence. The next topic that Thurow suggests is that discrimination is the cause for the difference in salaries between women and men. This cause was directed towards an audience of men due to statements like â€Å"your wife.† Thurow’s tone suggests sarcasm as he talks about this cause. He would not use a statement such as this if he were persuading an audience including women. Thurow also tries to persuade the audience that discrimination may be an issue. He wants readers to believe that for men to discriminate against women would be illogical because their household incomes would decrease by lowering their wives’ income. This argument is not valid unless husbands are the ones who decide women’ salaries. Thurow talks about educational gaps between men and women. He dismisses this as a cause due to the fact that the educational gap between the two has been closed since World...

10 Helium Facts - Atomic Number 2 on the Periodic Table

10 Helium Facts - Atomic Number 2 on the Periodic Table Helium is the second element on the periodic table, with atomic number 2 and element symbol He. Its the lightest noble gas. Here are ten quick facts about the element helium. Check the full listing for helium if you would like additional element facts. The atomic number of helium is 2, meaning each atom of helium has two protons.  The most abundant isotope of the element has 2 neutrons. It is energetically favorable for each helium atom to have 2 electrons, which gives it a stable electron shell.Helium has the lowest melting point and boiling point of the elements, so it only exists as a gas, except under extreme conditions.  At normal pressure, helium is a liquid at absolute zero.  It must be pressurized to become a solid.Helium is the second-lightest element.  The lightest element or one with the lowest density is hydrogen. Even though hydrogen typically exists as a diatomic gas, consisting of two atoms bonded together, a single atom of helium has a higher density value. This is because the most common isotope of hydrogen has one proton and no neutrons, while each helium atom typically has two  neutrons as well as two protons.Helium is the second-most abundant element in the universe  (after hydrogen), though it is mu ch less common on Earth.  On Earth, the element is considered a nonrenewable resource.  Helium does not form compounds with other elements, while the free atom is light enough to escape Earths gravity and bleed out through the atmosphere. Some scientists are concerned we might one day run out of helium or at least make it prohibitively expensive to isolate. Helium is colorless, odorless, tasteless, non-toxic, and inert.  Of all the elements, helium is the least reactive, so it does not form compounds under ordinary conditions. In order to bond it to another element, it would need to be ionized or pressurized. Under high pressure, disodium helide (HeNa2), the clathrate-like titanate La2/3-xLi3xTiO3He, the silicate crystobalite He II (SiO2He), dihelium arsenolite (AsO6 ·2He), and NeHe2 may exist.Most helium is obtained by extracting it from natural gas.  Its uses include helium party balloons,  as a protective inert atmosphere for chemistry storage and reactions, and for cooling superconducting magnets for NMR spectrometers and MRI machines.Helium is the second-least reactive noble gas (after neon).  It is considered the real gas that most closely approximates the behavior of an ideal gas.Helium is monatomic under standard conditions. In other words, helium is found as single atoms of the element.Inhaling helium temporarily chan ges the sound of a persons voice. Although many people think inhaling helium makes a voice sound higher, it doesnt actually alter the pitch. Though helium is non-toxic, breathing it can result in asphyxiation due to oxygen deprivation. Evidence of heliums existence came from the  observation of a yellow spectral line from the sun. The name for the element comes from the Greek god of the Sun, Helios.

Report of Michael Hill Jewellery Case Study Example | Topics and Well Written Essays - 2250 words

Report of Michael Hill Jewellery - Case Study Example This leadership theory describes two extremes of leadership concern. Concern for production and concern for people, the leader who is concerned for production targets high results and productivity while the one concerned about people care little about productivity and is more concerned about being loved and approved by the people. This theory defines a few types of leaders; the country club leader has the highest concern for people. This type of leaders assumes that if an employee is happy, work will be well carried out. The relationship between the leader and the employee is casual just like that of friends. The impoverished leader is more concerned about productivity as well as the employees. This leader gives little motivation, therefore, leaving the employees confused about their job and find no joy in doing their set duties. The middle of the road leader balances between his concern for the people and productivity. He settles for less satisfying work and the end result is the mediocre performance. There is also the team leader who insists on high levels of production and employee performance. The leader sets goals and assists the employees in meeting these goals. Finally, the authoritarian leader who leads by controlling, overpowering and demanding; the leader is more concerned about productivity and employees are a tool for achieving this productivity. The objective of this model of leadership is to show that when employee and results concerns are high, productivity will increase accordingly. The leadership at MHJ should better understand this theory as it will greatly improve the productivity of the employees and in turn, lead to higher profits. The organization strives to provide the most fun and friendly environment for the employees. They emphasize that just like their collection, each employee is seen as unique with valuable insights and ideas.

Written assignment Essay Example | Topics and Well Written Essays - 250 words

Written assignment - Essay Example The information in the video is closely linked to chapter 9 practices shown in age 12. The key information directly related to love, involves service and monetary contributions to the individuals in need. Love entails caring for each other in times of need, and also being concerned about the interest and welfare of our neighbors who are experiencing challenging situations and in need of help. The services provided to needy neighbor include, voluntary medical services, legal advice, and even financial advice services. Monetary assistance can be used to acquire basic necessities like medical supplies for the benefit of deserving cases. Page 10 of chapter 9 also has interesting aspects of love. The goals are aimed at ensuring love through safeguarding the interest of other individuals in the society. Reducing energy use by embracing energy efficiency shows love. This is because it aims at safeguarding the environment for the benefit of both present and future generations. Efficient energy sources are considered green, and thus environmentally

Enron Corporation Scandal Research Paper Example | Topics and Well Written Essays - 2500 words

Enron Corporation Scandal - Research Paper Example The Enron Corporation was founded in the year 1985 and was one of the leading companies offering services in electricity, communications, natural gas and pulp and paper industries. The financial performance of Enron Corporation had also been uniquely impressive before its collapse in 2001 where its annual revenues showed an increase of $9 billion to over $ 100 billion from year 1995 to 2000. However at the end of year 2001 it was brought to attention and revealed that the company’s reported financial condition was sustained mainly because of the systematic, institutionalized and creative plan of accounting fraud. It has been reported by Thomas (2002), that the shares of Enron Corporation dropped from $90 per share in the mid of year 2000 to nearly less than $1 per share by the end of year 2001, this drastic decrease in the stock price of the company caused shareholders a loss of $11 billion. Thus Enron Corporation revised its financial statements for the past five years declar ing a loss of $586 million only. In the December of 2001, Enron fell to bankruptcy. Also with the revelation of Enron Scandal in 2001, Arthur Andersen, one of the biggest audit and accountancy partnerships also dissolved. Enron undoubtedly was the biggest audit failure but this company that was famous in the world, also became famous for its so sudden collapse (Li, 2010). The scandal of the Enron Corporation is one of the most notorious scandals of the American corporations. It is commonly believed by economists, historians and analysts that the case of Enron is undoubtedly a case of White Collar Crime. The term White Collar Crime is used as a phrase when various interrelated and overlapping areas of law including the misappropriation, securities law, fraud, bankruptcy, money laundering, financial frauds, corruption, tax frauds, cybercrime, government frauds, bribery etc happen or occur. Hence white collar crime is not a discipline that is autonomous rather it is interdisciplinary t hat tends to combine individuals and professionals from various professions and disciplines which may include auditors, accountants, law enforcement, investigators and attorneys (Â  Gill & Scott, 2008). In view of the white collar crime Enron Corporation which was a big name in the corporate sector and was of one of those corporations that were seen to be practicing price stability, merchant bank selling and hedging of funds. However the later discovery of this information that Enron was nothing less than a giant fraud changed the course of it. The nature of fraud at the company was both classic as well as modern frauds. The charges of White Collar Crime include: 1. Involved in Ponzi Schemes The company was engaged in the Ponzi scheme, whereby the top executives of the company that were in charge of running the company became rich at the expense of its employees and the investors. This all was happening with the support of Arthur Anderson, an accounting firm – which further disclosed that the main business of Enron Corporation was selling of stocks, which was the main profit generating source for the company (Pontell). 2. Involved in Hype and Dump Manipulation Schemes Similarly Enron was also involved in the hype and dump manipulation schemes, whereby it greatly inflated its stock prices

Implenting Lean Case Study Example | Topics and Well Written Essays - 2500 words

Implenting Lean - Case Study Example (Womack and Jones, 1996). USA was the first country where the concept of "Lean" has been adopted in service or non-manufacturing concerns. (Womack and Jones, 1996). The advantages and benefits are now known and accepted by almost all top managers. However, there is still a bit of a hesitation in implementing "Lean" in service and non-manufacturing organizations. The reason is not that they do not want to implement the change but rather because they are unaware of the process involved. This paper seeks to describe the modalities and implications of implementing "Lean" in service and non-manufacturing organizations with a reference to the concept of Kaizen as a Continuous Improvement (CI) agent. Simply stated, Lean thinking is about achieving more with less. It is not about 'sweating the assets' but about carefully analyzing how best to achieve a given result with the purpose of utilizing resources to their best advantage. In broad terms Lean is usually defined as elimination of waste and things that do not add any value as defined by the customer. It is also pertinent to note at this stage that "Lean" principles are alternatively known by a number of synonyms e.g. Lean Manufacturing, Lean Production, Toyota Production System, etc. But whatever the name given to the process, this definition holds well. Advantages of Lean in Service Organizations Lean is not just a concept to be implemented at various tiers; it is also a commitment at all levels that can bring about dynamic and far-reaching changes in the very culture of an organization. Its advantages are more pronounced and identifiable in manufacturing concerns but service and non-manufacturing organizations can also reap the same benefits. Some of the advantages of implementing Lean in service environment are as follows:- It can not only improve the standard of services but also increase the competitiveness of the people involved. It can resolve severe organizational problems by uniting the change efforts

Organizations and Behavior Essay Example | Topics and Well Written Essays - 1250 words

Organizations and Behavior - Essay Example However dealing with how organizations behave, it is necessary to see how the concept of leadership is in an organization. Leadership is all about the needs of the individuals of an organization. Leadership styles are mostly related to the situation in hand. They are used by considering the requirements of people involved and the particular challenges that the organization is facing. There are apparently six different leadership styles or approaches (Kotter and Cohen, 2002, p124). The first one is Visionary. This style is needed when an organization is looking for a new direction and its aim is to move people towards a new goal. Second one is coaching. This style deals with the development of individuals and showing how they can improve their performance and connects their aims to the aims of the organization. Coaching is best for organizations in which the workers who are initiative and want more professional development (Hatch, 2006, p19). Thirdly there is the Affiliate style. This style talks about team work and how a good connection between groups is important. This approach is important in improving and increasing team harmony and morale and improving communication or repairing any type of broken trusts within an organization. However too much praise can lead to poor performance as well. The fourth one is the Democratic style. This style deals with people’s knowledge and skills and introduces a commitment towards goals. However this style will fail in times of crises and in times of urgent decisions. The fifth style is Pacesetting. This style deals with the high standards of performance. The leaders want a perfect work and better and faster things. This style fails in if used too much hence it should be used sparingly. The final and sixth style is Commanding style. This style is also known as the military model. This is the most often used one but the least effective though. It deals with less praise and more criticism; it

Implenting Lean Case Study Example | Topics and Well Written Essays - 2500 words

Implenting Lean - Case Study Example (Womack and Jones, 1996). USA was the first country where the concept of "Lean" has been adopted in service or non-manufacturing concerns. (Womack and Jones, 1996). The advantages and benefits are now known and accepted by almost all top managers. However, there is still a bit of a hesitation in implementing "Lean" in service and non-manufacturing organizations. The reason is not that they do not want to implement the change but rather because they are unaware of the process involved. This paper seeks to describe the modalities and implications of implementing "Lean" in service and non-manufacturing organizations with a reference to the concept of Kaizen as a Continuous Improvement (CI) agent. Simply stated, Lean thinking is about achieving more with less. It is not about 'sweating the assets' but about carefully analyzing how best to achieve a given result with the purpose of utilizing resources to their best advantage. In broad terms Lean is usually defined as elimination of waste and things that do not add any value as defined by the customer. It is also pertinent to note at this stage that "Lean" principles are alternatively known by a number of synonyms e.g. Lean Manufacturing, Lean Production, Toyota Production System, etc. But whatever the name given to the process, this definition holds well. Advantages of Lean in Service Organizations Lean is not just a concept to be implemented at various tiers; it is also a commitment at all levels that can bring about dynamic and far-reaching changes in the very culture of an organization. Its advantages are more pronounced and identifiable in manufacturing concerns but service and non-manufacturing organizations can also reap the same benefits. Some of the advantages of implementing Lean in service environment are as follows:- It can not only improve the standard of services but also increase the competitiveness of the people involved. It can resolve severe organizational problems by uniting the change efforts

Inflammation and Cardiovascular Disease Essay Example | Topics and Well Written Essays - 1500 words

Inflammation and Cardiovascular Disease - Essay Example It has been observed that patients with pre-existing inflammatory diseases have a higher risk of cardiovascular disease, for instance, systemic inflammation causes atherosclerosis. Section 2: Anti-inflammatory and heart-healthy foods and nutrients. Garlic and onions have anti-oxidant and anti-inflammatory properties, which promote a healthy heart. Consumption of a diet containing these foods has been associated with a reduction in systolic blood pressure, oxidative stress and vascular inflammation (Vazquez-Prieto et al 5). A study on the effect of garlic on cardiovascular disorders by Banerjee and Maulik (2002) indicates a significant cardio-protective effect. Section 3: Evidence that garlic and onions are anti-inflammatory. Garlic and onions have organosulphur compounds, which have different effects on human health (Hedges & Lister). Consumption of diets rich in garlic and onions may help to counter inflammation (Maffetone 7). Research has shown that these foods inhibit the aggregat ion of platelets and lower levels of cholesterol (Srinivasan 170; Kochhar 338), which catalyses the production of anti-inflammatory chemicals. They also reduce oxidative stress (Vazquez-Prieto et al 5), which is responsible for the production of inflammation causing free radicals. Moreover, experiments with fructose fed rats (Vazquez-Prieto et al 5) showed that extracts of garlic and onions reverses increased vascular inflammation. Section 4: Comments on anti-inflammatory evidence. The evidence for the anti-inflammatory properties of garlic and onions is precise and clear. It provides a comprehensive basis on the anti-oxidative properties of these foods, which is essential in dealing with chronic inflammation. Section 5: A study design to reinforce the anti-inflammatory properties of garlic and onions. A randomized controlled trial will be used to assess the anti-inflammatory nature of garlic and onions. A sample of participants will be randomly chosen from the population, and their ethical approval will be sought. Those who grant ethical approval will be included in the study. They will then be split and assigned randomly to two equal groups, experimental and control group. The experimental group will be assigned meals containing a specified amount of garlic and onions. On the other hand, the control group will be assigned meals without garlic and onions. The study will ensure compliance such that participants in the control group will not consume garlic and onions during the study period. Pre-test and post-test measurements for blood cholesterol will be taken for all participants. Comparison for the efficacy of garlic and onions will then be made based on these measurements. Q2: CVD Risk Dietary fiber refers to the edible part of plants, which is resistant to digestion and absorption in the small intestine (Lattimer & Haub 1266). Soluble dietary fibers are fibers that dissolve in water to form viscous gels. The increased consumption of dietary fiber is assoc iated with low risk of chronic diseases (Coleman 1), for instance, obesity, type-2 diabetes, cancer and CVD. Soluble dietary fibers such as ?-glucan reduce CVD risk by reducing blood cholesterol (Queenan et al 2). This soluble fiber is common in oats, which have a cholesterol lowering effect. However, despite the clear health benefits, the consumption of dietary fiber has been inhibited by its low palatability (Queenan et al. 2). Section 1: How dietary soluble fiber can lower CVD risk. Dietary soluble fiber reduces the serum cholesterol levels hence lowering CVD risk (Queenan et al. 6).

Interpersonal Relationship Essay Example for Free

Interpersonal Relationship Essay Introduction Nursing is the protection, promotion, and optimization of health and abilities, prevention of illness and injury, alleviation of suffering through the diagnosis and treatment of human response, and advocacy in the care of individuals, families, communities, and populations. American Nurses Association (ANA) An interpersonal relationship is an association between two or more people that may range from fleeting to enduring. (http://en.wikipedia.org/wiki/Interpersonal_relationship). Seemingly to Hildegard Peplau, nursing is an interpersonal process because it involves interaction between two or more individuals with a common goal. Peplau, emphasized the nurse-client relationship as the foundation of nursing practice. A therapeutic nurse-patient relationship is defined as a helping relationship thats based on mutual trust and respect, the nurturing of faith and hope, being sensitive to self and others, and assisting with the gratification of your patients physical, emotional, and spiritual needs through your knowledge and skill. This caring relationship develops when you and your patient come together in the moment, which results in harmony and healing. Effective verbal and nonverbal communication is an important part of the nurse-patient interaction, as well as providing care in a manner that enables your patient to be an equal partner in achieving wellness. (Pullen Mathias 2010) Patient-centered communication is a basic component of nursing which facilitates the development of a positive nurse-patient relationship and along with other organizational factors, results in the delivery of quality nursing care. In most instances, a nurse plays an essential role in the life of a patient. The concerns and cares they give to their patients is a big factor that uplifts each one’s spirit, therefore the goal of the nurses of Olivarez College BSN IV is to create a harmonious relationship between their patients through a well organize and meaningful interactions. The study of the relationship between patient and nurse is important to see how efficient a patient recovers, to understand his illness fully; whether there’s a chance of recovery or nothing to expect at all. Moreover, the role of the nurse is to lessen the emotional and physical pain of every patient. In dealing with these, a need for better communication strategies and methods should be applied. There may be some existing practices exercised by hospitals for their nurses and patients, but a thorough study to improve it better is an advantage. (Cruz, JA 2010) One good way of communicating with a patient is by merely listening to them. Letting them express their thoughts and anxieties may help them feel better. Furthermore, an understanding smile, a good sense of humor, a compassionate outlook and friendly gestures can alleviate their pain and anxiety. The focus of this research is the patient’s perception of an effective nurse-patient relationship. The most common method of interaction is communication. Communication is the sending of ones information to another and may be done verbally or non-verbally. Background of the Study An internal problem of nurses is common. There are so many things to adjust especially working with people that they knew for the 1st time. An interpersonal problem not only occurs with co-workers, it can also be applied with nurse-patient relationship. Everyday different types of patient are being encountered by the nurses. This study gives interest to the researchers to develop and enhanced interpersonal skills and confidence during nurse-patient interaction in the area. Mostly, nurses do not practice good communication skills because of low-self esteem to deal with the patient, resulting to the insufficient gathering of important details and information on the patient’s data. Nursing students should practice well on developing nurse-patient relationship to be an effective and a qualified nurse. Nurse has important role enhancing communication skills. Nurses play an important role in health communication. They are the ones who are always in close contact with the patients. Having effective communication skills and being able to employ them in communicating to the patients is very essential for every nurse. A nurse must be able to communicate effectively to the patient, its family and their co-workers, as well. It is important for health care personnel to understand the doubts, fears and the anxieties of the patients who come to them for treatment. It is equally important to talk in an understanding tone to those who have not voiced their fears but are obviously scared. Patience is also essential in dealing with hard headed and unbeliever patients especially when the patient is suffering and in pain during medication and they tend to refuse taking medicines anymore. Nurses feel a sense of accomplishment when they give a positive influence on their client’s health status. Learning experiences with simulation offer the nursing student an opportunity to further develop knowledge, skills and critical thinking abilities prior to practicing in the clinical setting. Role play, as well as manikin use, can enhance the nursing student’s ability to respond to a variety of patient care scenarios before actually encountering them in the clinical setting (Billings Halstead, 2005). Active learning with immediate feedback reinforces the nursing student’s performance and confidence in relating to patients and other professionals in the healthcare setting (Billings Halstead, 2005). A student nurse can easily relate to the situation of their patients in terms of their know-how and further sturdy of their illnesses. This study aims to know how patients can perceive and cooperate for the fulfilment of their rehabilitation. Cutcliffe and McKenna (2005) reported that during treatment, hospital and community patients interact more with nurses than with any other health professional in the multidisciplinary team. These authors also highlighted that nurses are continuing to expand their role into medical and even surgical practice. Nursing proves as difficult to define as ‘care’, which means that the role of the nurse and how it is differentiated from other health professions is often misunderstood. Perhaps nurses provide care and doctors provide trea tment, but (McMahon 2007) argues that neither addresses the skills and knowledge needed in modern nursing to provide good-quality care, nor explains why students take three years to train before they become qualified nurses. Since Florence Nightingale’s time, nursing could be seen as having moved from a task-oriented practice towards a therapeutic process that encompasses a wide range of nursing roles, focused on the individual patient and his or her health and well-being. (McMahon 2007) attempts to define therapeutic nursing abilities as being characterized by six skills: developing the nurse-patient relationship; caring and comforting; using evidence-based physical interventions; teaching; manipulating the environment; adopting complementary health practices. These are all the skills developed by nurses during their pre-registration education; all of them demand good communication skills for effectiveness. It appears that this argument supports the notion that ‘nursing’, in addition to the applied knowledge and attitude, is underpinned essentially by communication skills. Review of Related Literature and Studies FOREIGN The relationship between the nurse and the patient is often seen as a therapeutic relationship in itself that is based on partnership, intimacy, and reciprocity (McMahon, 2007). Its purpose is different from a social relationship in that it has a focus on the patient’s well-being as a priority, and the nurse and the patient do not need to have anything in common or even like each other (Arnold and Boggs, 2006). This relationship can last only five minutes in an accident and emergency department or primary care practice, or can continue and develop for months or years during chronic illness management. It can be intensely personal when breaking bad news, or quite superficial such as when directing a patient to the appropriate clinic room. However, all of these scenarios are nurse-patient encounters that impart to the patient something of the support and meaningfulness of their engagement with health care. They tell the patient whether they are viewed as important and valued, and whether they will be listed to or discriminated against. Since Florence Nightingale’s time, nursing could be seen as having moved from a task-oriented practice towards a therapeutic process that encompasses a wide range of nursing roles, focused on the individual patient and his or her health and well-being. (McManhon 2007) attempts to define therapeutic nursing abilities as being characterized by six skills: developing the nurse-patient relationship; caring and comforting; using evidence-based physical interventions; teaching; manipulating the environment; adopting complementary health practices. These skills are developed by nurses during their pre-registration education; all of them demand good communication skills for effectiveness. It appears that this argument supports the notion that ‘nursing’, in addition to the applied knowledge and attitude, is underpinned essentially by communication skills. For instance, reticence from the others may prompt encouraging remarks of prompt questioning timing of social responses: This requires the communicator to know when to speak, when to listen, when to interrupt or prompt, or when to take the lead or be led. Self-presentation: A good communicator has self-awareness and is able to use this self-knowledge to present themselves to the other. This gives the other feedback about who the communicator is and therefore how to interpret and respond to them. For instance, sitting in a forward-leaning position assures the other that they are being listened to. Rewardingness: This is the ability to engage the other in the communication and know how to reward communication behaviour. For instance, using nods, smiles, and eye contact encourages someone to talk about themselves. For instance, if they realize that being dressed formally is off putting to a young teenager, they can respond by removing a tie or rolling up their sleeves. Argyle breaks communication skills down into behavioural skills rather than skills of insight, understanding, and cognition. Another definition of good communication comes from (Becker et al.) who suggest that skilful communicator ‘must be able to identify the emotions or intent expressed by the other person and make sophisticated judgements about the form and timing of the appropriate response ‘. In this definition, the skilled communicator uses accurate perception and good judgement to understand the interactions and know how to make appropriate judgements. It may be that all of these factors are part of the skills of a good communicatorthat skills are made up of a good sense of reality, awareness of self and others, accurate reading of situations, good timing, and ability to use the self to facilitate meaningful and positive communication. Many of these skills can be learnt and developed through the practice and through personal development by improving self-awareness, and awareness and understanding of other people and heir cognitive and emotional states. Related Studies Patients’ Perceptions of Interpersonal Continuity of Care by Nancy Pandhi, MD and John W. Saultz, MD (2005) this is the qualitative and quantitative study of Interpersonal continuity of care is important to a majority of patients, particularly those from vulnerable groups. Patients value the relationship with their physician, their physician’s knowledge about them, and the ability to communicate their concerns. Over time, contact with a physician seems to lead to the development of trust and confidence. However, continuity of care is not valued by all patients or across all settings. Nurse-patient relationship: analysis of problems Encountered by the nursing students of Olivarez College (2010). In this study the purpose of descriptive studies is to observe, describe and document aspects of a situation as it naturally occurs and sometimes to observe as a starting point for the hypothesis be it as general or theory development. The survey analyzed the data of the faculty needs of the nursing college department, the degree on which these needs were met. Synthesis Patients’ Perceptions of Interpersonal Continuity of Care by Nancy Pandhi, MD and John W. Saultz, MD (2005) this is the qualitative and quantitative study of Interpersonal continuity of care is important to a majority of patients, particularly those from vulnerable groups. Patients value the relationship with their physician, their physician’s knowledge about them, and the ability to communicate their concerns. Over time, contact with a physician seems to lead to the development of trust and confidence. However, continuity of care is not valued by all patients or across all settings. The studies utilized results quantitative (19/36), qualitative (16/36), or mixed methods (1/36). The largest number of the studies (15/36) took place in the United States. Several took place in the United Kingdom (8/36), The Netherlands (4/36), and Canada (4/36). The remainder took place in other European countries (2/36), Australia (2/36) or both the United States and England (1/36). All recruited patients from ambulatory settings. A summary of results from these studies regarding our contextual questions is reported below. Nurse-patient relationship: analysis of problems Encountered by the nursing students of Olivarez College (2010). In this study the purpose of descriptive studies is to observe, describe and document aspects of a situation as it naturally occurs and sometimes to observe as a starting point for the hypothesis be it as general or theory development. The survey analyzed the data of the faculty needs of the nursing college department, the degree on which these needs were met. According to researchers, this study is a qualitative phenomological research to a patient-centered communication is a basic component of nursing which facilitates the development of a positive nurse-patient relationship and along with other organizational factors, results in the delivery of quality nursing care. In most instances, a nurse plays an essential role in the life of a patient. The concerns and cares they give to their patients is a big factor that uplifts each one’s spirit, therefore the goal of nurses of Olivarez College BSN IV is to create a harmonious relationship between their patients through a well-organized and meaningful interactions. Theoretical Framework This study is based on Hildegard Peplau’s Theory of Interpersonal Relations. The Theory of Interpersonal Relations is a middle-range descriptive classification theory. It was influenced by Henry Stack Sullivan, Percival Symonds, Abraham Maslow, and Neal Elger Miller. The four components of the theory are: person, which is a developing organism that tries to reduce anxiety caused by needs; environment, which consists of existing forces outside of the person, and put in the context of culture; health, which is a word symbol that implies forward movement of personality and other human processes toward creative, constructive, productive, personal, and community living. The nursing model identifies four sequential phases in the interpersonal relationship: orientation, identification, exploitation, and resolution. The orientation phase defines the problem. It starts when the nurse meets the patient, and the two are strangers. After defining the problem, the orientation phase identifies the type of service needed by the patient. The patient seeks assistance, tells the nurse what he or she needs, asks questions, and shares preconceptions and expectations based on past experiences. Essentially, the orientation phase is the nurses assessment of the patients health and situation. The identification phase includes the selection of the appropriate assistance by a professional. In this phase, the patient begins to feel as if he or she belongs, and feels capable of dealing with the problem which decreases the feeling of helplessness and hopelessness. The identification phase is the development of a nursing care plan based on the patients situation and goals. The exploitation phase uses professional assistance for problem-solving alternatives. The advantages of the professional services used are based on the needs and interests of the patients. In the exploitation phase, the patient feels like an integral part of the helping environment, and may make minor requests or use attention-getting techniques. When communicating with the patient, the nurse should use interview techniques to explore, understand, and adequately deal with the underlying problem. The nurse must also be aware of the various phases of communication since the patients independence is likely to fluctuate. The nurse should help the patient exploit all avenues of help as progress is made toward the final phase. This phase is the implementation of the nursing plan, taking actions toward meeting the goals set in the identification phase. The final phase is the resolution phase. It is the termination of the professional relationship since the patients needs have been met through the collaboration of patient and nurse. They must sever their relationship and dissolve any ties between them. This can be difficult for both if psychological dependence still exists. The patient drifts away from the nurse and breaks the bond between them. A healthier emotional balance is achieved and both become mature individuals. This is the evaluation of the nursing process. The nurse and patient evaluate the situation based on the goals set and whether or not they were met. The goal of psychodynamic nursing is to help understand ones own behavior, help others identify felt difficulties, and apply principles of human relations to the problems that come up at all experience levels. Peplau explains that nursing is therapeutic because it is a healing art, assisting a patient who is sick or in need of health care. It is also an interpersonal process because of the interaction between two or more individuals who have a common goal. The nurse and patient work together so both become mature and knowledgeable in the care process.

Human resource development

Human resource development INTRODUCTON Human resource development is defined by Heathfield (2010) as the framework for helping employees develops their personal and organizational skills, knowledge and abilities. Human resource development involves using a range of learning and training techniques and strategies to change the work related behavior and attitudes of an employee (Megginson et al 1999) and it also engages in performance management in other to ensure that people can do things well or do new and better things (Gibbs 2008). This study is aimed to analyze the purpose of Human resource development and also using this aims to analyze how it helps organizations achieve sustained competitive advantage by using organization example. AIM OF HUMAN RESOURCE DEVELOPMENT Human resource development according to Philbeam and Corbridge (2002:285) is concerned with enhancing organizational performance through effective development and deployment of organizational members. To enhance performance, a human resource developer has to ensure that the individuals in the organization has the knowledge, expertise and the right attitudes to execute their work (Swanson and Arnold 1996), also, human resource development aims at ensuring that the organization has the skilled, committed and well-motivated employee it needs to sustain competitive advantage by focusing on processes that develop skills, knowledge and the attitude of the employee (Swanson Arnold 1996), such as training, developing, learning, educating and mentoring the employee (Stewart and McGoldrick 1996), and also by identifying and improving the skills and motivation of employees (Philbeam and Corbridge 2002:284). In other to ensure that the organization as the right people to sustain competitive advantage, Human resource development engage in the following training, learning, development of the individual and mentoring but before the Human resource developer makes a decision on how to train, develop, teach or mentor the employee they need to have a concept on performance management in other to see how training and development will improve the effectiveness of the employee and to know what aspect in the performance of the employee needs to be trained in other to meet the goals and values of the organization (Megginson et al 1999). Performance management Performance involves what an employee does in carrying out their duty (Mathis and Jackson 2003). Before performance is managed the performance needed by the organization should be identified in other to achieve their goals which in most organization is linked to the mission statement of the organization so that the performance can be managed in line with the organizational values and some organization will manage the performance in line with the business strategy of the organization that are required in the business context to be competitive (Torrington et al 2005). Performance management is defined by Armstrong (2009:618) as a systematic process for improving organization by developing the performance of individuals and teams. Torrington et al (2005) cited Mabey and Salaman (1995) who defined performance management as establishing a frame work in which the performance by individual can be directed, monitored, motivated and rewarded and whereby the links in the cycle can be audited. Human resource development is a means to an end. That end is usually acknowledged to be getting better results from the organization, teams and individuals by understanding and managing performance within an agreed framework of planned goals, objectives and standards(Gibb 2008). Every organization wants an employee that performs well in their duty it is believed that an effective performance management scheme can make the likely of good performance to occur (Mathis and Jackson 2003). Performance management goes beyond the ability and motivation of the individual it involves how goals are clearly identified in enabling the employee to understand what is expected of them in the area of their job and to set their priorities (Torrington et al 2005). Performance management scheme involves processes that can be used to encourage, motivate, evaluate, reward and identify the performance of the employee (Mathis and Jackson 2003). Performance management develops the capacity of the employee to meet, exceed and to achieve their full potential for the benefit of the organization as well as themselves, it can also serve as the basis for self development and ensure that the support and the guidance need by the employee to develop and improve is available (Armstrong 2009). Megginson et al (1999) discuss the work of Ulrich (1998) who was of the view that performance management is what employees and managers do at work, that the way they act and interact is crucial to the success of the organization and in doing this it will raise the profile and value of training as a strategy for achieving competitive advantage. Training Staffs are important resources to an organization in other to achieve economic and effective performance, in other to ensure that an organization has staffs that are capable of career advancement into the role of a specialist or a manager an organization needs to engage in adequate training (Mullins 2002). Training is defined as learning and development undertaken for the purpose of supporting development and maintenance of operational capability in employment: skills for work and in work, on-job or off-job, to enable effective performance in a job or role (Gibb 2008:5). Training involves modifying skills, knowledge and abilities through learning to achieve effective performance (Wilson 2005). It is believed that training makes an individual become effective managers as a result of their techniques having impact on inherent abilities, competence and skills (Hunt and Baruch 2003). Training makes the employees believe that the organization is committed to them and in securing their future in the organization which motivates the employees to Work harder and better (CIPD 2008), and it also develops the expertise of the individual in other to increase their performance in the organization (Swanson). Training and development is equipping the employee with the right skills, knowledge and competence to maximize performance (Philbeam and Corbridge 2002).Also, training improves the level of the organization as well as the individual competence and its also a key element in improving organizational performance (Mullins 2002). Competence is defined by Stensgaard (2004) as the combination of awareness, skills, knowledge and abilities that enables an individual to perform a job to the standards required for successful job performance. Competence is more than learned knowledge, skills and abilities but involves motives, traits, values and self concept of the individual (Clardy 2008). Clardy (2008) discuss the work of Spencer and Spencer (1993) who claim that training competence however expanded the focus on skills and knowledge which includes personality traits, increasing the number of variables that could explain and promote job performance as well as shifting emphasis from enabling adequate performance to producing superior ones. However, competence is based on skills rather than knowledge, in other word; competence training will convince employees of the need to give time and commitment to learning new skill in other to increase their performance and to see their role as accepting these challenges for change (Bramham). Having a well designed and structured competence based training and development program; the organization can work towards ensuring that they have the right skills and the right people to achieve their organizational goals and sustain competitive advantage which can only be achieved by having employees that can effectively and efficiently perform their job (Stensgaard 2004). Training is believed to improve the knowledge and the skills of the employee as well as change their attitudes toward work which can lead to benefits such as the increase in the confidence, motivation and the commitment of staffs, broaden the opportunity for career progression, give a feeling of personal achievement and satisfaction and help to improve the availability and quality of staffs (Mullins 2002). Training can be a source of motivation development for the employee if it is carried out as a form of support for the employee and in the process of training the employees learns what is expected of them in doing their job and what they need to do better (Thomason 1988). Learning One of the functions of Human Resource development is to assist the organization by creating an environment suitable for learning which is required to help develop staffs to meet agreed objectives (Wilson 2005). Learning is defined as a change in an individuals level of knowledge, skills or attitudes (Gibb 2008). Learning is believed to be the individuals ability to cope with change which can be acquired either through formal education or training or through informal experiences (Wilson 2005). As much as organizations are interested in ensuring they utilize the knowledge and skills of all their employees it is believed that little is gained through training provided at work but it is believed that most learning acquired by the individual is through their interaction with colleagues, clients which is said to be learning acquired through experience (Mullins 2002). It is believed that learning and development has helped develop employees skills in organizations which have prompted employees performance and lead to organizational success (CIPD 2008). Learning is believed to be linked to behavioral outcomes in other words learning does not only involve what is being taught but making sense of experiences and by doing that learning new skills (Stewart and McGoldrick 1996). Learning at work can be said to be learning for work and it is believed that what people learn will be applied to work in other to support current and future work requirement, also, as learning at work increases the ability of the individual at work so does learning outside work increase the individuals work performance (Megginson et al 1999). Learning can be beneficial to an organization as well as the individual in the organization by increasing the capacity and the ability of everyone to contribute to the growth of the organization, by developing the individuals skills and potentials and enabling them to be able to meet the demand of change, also, it provides a solution to organizational issues, enables the organization to meet its goals and produce a wider range of solutions to organizational issues (Mullins 2002). Development Development is believed to be a form of learning and training which changes the individual intellectually and not just changing their work skill or knowledge but the individual as a whole and it also helps the individual to grow in their career and also in all aspect of life (Gibb 2008). Development is said to involve preparing the individual in the organization for expected changes in their job or for a future job or a role (Mullins 2002). Development involves the growth of an individuals ability through learning which can be conscious or unconscious (Wilson 2005). Wilson (2005:6) cited the work of Bolton (1995) who points out that development occurs when a gain in experience is effectively combined with the conceptual understanding that can illuminate it, giving increased confidence both to act and to perceive how such actions relates to its context. Employee development involves attitude which includes concepts like growth, expansion, improvement, and education (Maund 2001), and also gives the employee opportunity to develop their skills, abilities, realize their potential and to advance their career in or outside the organization (Armstrong 2009), and to change their attitude as a result of going through the process of motivational development (Thomason 1988). Development involves the acquisition of skills which is derived from learning (Thomason 1988).Employee development as wide impact on the individual and not just on the individual but also on the organization and the community in which the organization works (Maund 2001). Mentoring Mentoring is a relationship in which experienced managers aid individuals in the earlier stage of their career and such relationship provides an environment for convening technical, interpersonal and organizational skills from the more experienced to the less experienced (Mathis and Jackson 2003). Mentoring is seen as a variable in the achievement of success for both the individual and the organization who seek to manage the development of their employees who are the future leaders to engage in order to grow and to develop to senior managers (Gibb 2008). It is believed that mentoring is a form of support in enabling women to progress up the career ladder particular in the area of professions and management (Gibb 2008). Effective mentors will not only encourage individuals to reflect upon their career goals, thereby promoting a sense of purpose and control they will also help individuals acquire the skills necessary to operate within a less hierarchical structure (CIPD 2008). The skills, approaches and the general behavior of the mentor have an important effect on the employees willingness to learn and also on the commitment shown by the employees towards the learning process (Megginson et al 1999). Also, mentors can serve as a source of motivation for the individual in a way of support in the early stage of their career (Mathis and Jackson 2003). Motivation can be used to aid the employee to give their best to their job or increase their performance in the area of their job or work according to set standards, also, it is believed that people tend to work better if they understand the nature of their job and how they are suppose to carry it out and why they are suppose to carry it out in that particular way (Thomason 1988). SUSTAINING COMPETITVE ADVANTAGE THROUGH THE WORK OF HUMAN RESOURCE DEVELOPMENT (ORGANIZATION EXAMPLE) Human resource development is viewed as an important necessity to Walt Disney because to them training is seen as an important investment in the success of their company, while some organizations see training as necessary but expensive, Walt Disney make it top priority (Handout). Walt Disney believe so strongly in a companys responsibility for training its employees (handout), and they believe that it is the talent, enthusiasm and the dedication of their employee that has sustained them over the years (Disneyland paris.com). they believe that in other for their employees to perform excellently and not embarrass themselves they need to go through a training program and also need to practice whatever they have been trained on (Handout). Before starting in their new job their employees go through training program that is based on their profession and what their job entails, in other to develop their skills (Marie). They believe that everyone that works with them from the senior to the junior employer has a right to learn, develop and to grow (Marie). According to them, training, learning and practicing has important roles to play in the in the development of their employees talent and in other for them to perform well they need to be thoroughly trained and also they need to rehearse their roles which lead to the establishment of the Disney university (Hand out). Disney University is believed to be a training process and Walt Disney makes sure that every new employee goes through a training process before starting in their new job and the training process is directed towards imparting knowledge about specific job skills, competencies and also ensures that the employee has a good understanding of the companys culture and tradition (Handout). Their training is based on developing the professional ability and the performance of their employee and they believe that the employees should be able to develop themselves and in turn develop others in the process (Marie). At the Disney University student receive complete orientation called Traditions, which includes an explanation of the companys values and traditions, on-the-job training, and procedures for advancement (Handout). Their employees are also provided with teachers who serve as mentors who has more experience and who can show the employees what should be done and what not to do (handout). The implementation of training in Walt Disney was to train their employees in other to develop their skills, knowledge and their ability and as a result, get the performance needed to be competitive and to sustain a competitive advantage by having the right employees (handout). Walt Disney sees training as the bases for Human resource and as a way of developing their business, their workers and also themselves (Marie). CONCLUSION Human resource development has an important role to play in the development of an employee and in the growth of an organization, by providing an organization with the proper employees who have undergone training and learning new skills in other to develop their skills, knowledge, abilities and their competencies Reference Armstrong, M. (2009) Armstrongs Handbook of Human Resource Management Practice, 9th edn, Kogan Page, London. Brumback, G.H (2003) Blending we/me in performance management [Electronic copy], Team performance management, Volume 8, Issue 7/8, Pg 167-173. Clardy, A. (2008) Human resource development and the resource based model of core competencies: Methods for diagnosis and assessment [Electronic copy], Human resource development review, Volume 7, Issue 4, Pg 387-407. Disneyland Paris (2010) Corporate responsibility Disneylandparis.com corporate.disneylandparis.com/corporate-responsibility/our-people/diverse-and-multicultural/cast-member-interviews.xhtml [Accessed 05/04/2010]. Gibb, S. (2008) Human resource development: Processes, Practices and Perspectives, 2nd edn, Palgrave, New York. Heathfield, S.M. (2010) What is human resource development (HRD) About.com humanresources.about.com/od/glossaryh/f/hr_development.htm [Accessed 27/03/2010]. Hunt, J.W, Baruch, Y. (2003) Developing top managers: the impact of interpersonal skills training, [Electronic copy]. Journal of Management Development, Volume 22, Issue 8, Page 729-752. Lasbleis, J.M. (2010) Training Disneylandparis-casting.com http://disneylandparis-casting.com/en/our-hr-philosophy/training [Accessed 03/04/2010]. Mathis, R.L., Jackson, J.H (2003) Human resource management, 10th edn, Thomson, Ohio. Megginson, D., Banfield, P., Joy-Mathews, J. (1999) Human Resource development, 2nd edn, Kogan page, London. Mullins, L.J (2002) Management and organizational behaviour, 6th edn, Pearson education, Harlow. Philbeam, S., Corbridge, M. (2002) People resourcing: HRM in practice, 2nd edn, Pearson education, Harlow. Stensgaard, A.B (2007) Competence based training and Development, Ameinfo.com, www.ameinfo.com/43457.html [Accessed 29/03/2010]. Stewart, J., McGoldrick, J. (1996) Human resource development: Perspectives, strategies and practice, Pearson education, Harlow Swanson, A.R, Arnold, D.E (1996) The purpose of human resource development is to improve organizational performance, Richardswanson.com www.richardswanson.com/publications/Swanson(1996)ThePurpose.pdf [Accessed 27/03/2010]. Swanson, R.A. () Human resource development: performance is the key cmapspublic.ihmc.us/rid=1217113903859_1440042561_12670/Overview%20of%20HRD%20-%20Swanson.pdf [Accessed 27/03/2010]. Thomason, G. (2003) A text book of human resource management, institute of personal management, London. Torrington, D., Hall, L., Taylor, S (2005) Human resource management, 6th edn, Pearson education, Harlow. Willson, J.P. (2005) Human resource development: Learning and training for individuals and organizations, 2nd edn, Kogan page, London.

Essay --

a) Physical characteristics of your virus 1. What is the shape of the viral capsid? Shape of the viral capsid is icosahedral. 2. Is the virus naked or enveloped? Varicella zoster is enveloped. 3. Which type of genome (ssDNA, dsDNA, ssRNA, or dsRNA) is found in the virus? Type of genome where VZV is found is double stranded DNA. b) Viral Infection 1. What is the host range (species and types of cells infected) of the virus? Humans are the only natural host. 2. What are the signs and symptoms of your viral infection? The first symptoms to appear are fever and rash. After fever the most prominent symptom of VZV are itchy skin lesions that become raised and filled with clear fluid (vesicles). After several days the blisters pop and start to crust over. c) Pathogenesis 1. How does your virus cause the signs and symptoms of the viral infection? The lesions are caused by the virus destroying the boundaries of the cells in the skin, this causes multiple cells to merge into one large cell. 2. Which types of cytopathic effects are caused by your virus? The formation of syncytia. This is where a virus turns several host cells into one giant cell with that has several nuclei. Another cytopathic effect of VZV is inclusion bodies. This is a very high concentration of the virus inside the nucleus and cytoplasm of a cell. d) Culture and diagnosis 1. How is your viral infection diagnosed? Although diagnosis for VZV is generally based on visual appearance there are few diagnostic tests that can be used to determine it. A. Virus culture- Takes a specimen of the fluid inside one of the vesicles. B. Polymerase chain reaction- Where a small amount of DNA from the virus becomes amplified. The virus is replicated until it reaches a quant... ...doses? For Varivax 1st dose between 12-15 months and the 2nd dose between 4-6 years. The second dose may be given earlier as long as at least 90 days has lapsed since the 1st dose. People over the age of 13 who have never been vaccinated should have 2 doses administered at least 28 days apart. For Zostavax people over the age of 50 should have the vaccination once. Both Varivax and Zostavax contain weakened strains of the live virus. g) Fun facts: Include any additional information that you find interesting, strange, or alarming about your virus. One thing I found alarming about Varicella zoster virus is that it can lead to the development of Reye’s Syndrome if child with an active infection takes a product that contains salicylates. Reye’s syndrome effects the central nervous system and can be the cause of amnesia, seizures, or coma to note a few symptoms. Essay -- a) Physical characteristics of your virus 1. What is the shape of the viral capsid? Shape of the viral capsid is icosahedral. 2. Is the virus naked or enveloped? Varicella zoster is enveloped. 3. Which type of genome (ssDNA, dsDNA, ssRNA, or dsRNA) is found in the virus? Type of genome where VZV is found is double stranded DNA. b) Viral Infection 1. What is the host range (species and types of cells infected) of the virus? Humans are the only natural host. 2. What are the signs and symptoms of your viral infection? The first symptoms to appear are fever and rash. After fever the most prominent symptom of VZV are itchy skin lesions that become raised and filled with clear fluid (vesicles). After several days the blisters pop and start to crust over. c) Pathogenesis 1. How does your virus cause the signs and symptoms of the viral infection? The lesions are caused by the virus destroying the boundaries of the cells in the skin, this causes multiple cells to merge into one large cell. 2. Which types of cytopathic effects are caused by your virus? The formation of syncytia. This is where a virus turns several host cells into one giant cell with that has several nuclei. Another cytopathic effect of VZV is inclusion bodies. This is a very high concentration of the virus inside the nucleus and cytoplasm of a cell. d) Culture and diagnosis 1. How is your viral infection diagnosed? Although diagnosis for VZV is generally based on visual appearance there are few diagnostic tests that can be used to determine it. A. Virus culture- Takes a specimen of the fluid inside one of the vesicles. B. Polymerase chain reaction- Where a small amount of DNA from the virus becomes amplified. The virus is replicated until it reaches a quant... ...doses? For Varivax 1st dose between 12-15 months and the 2nd dose between 4-6 years. The second dose may be given earlier as long as at least 90 days has lapsed since the 1st dose. People over the age of 13 who have never been vaccinated should have 2 doses administered at least 28 days apart. For Zostavax people over the age of 50 should have the vaccination once. Both Varivax and Zostavax contain weakened strains of the live virus. g) Fun facts: Include any additional information that you find interesting, strange, or alarming about your virus. One thing I found alarming about Varicella zoster virus is that it can lead to the development of Reye’s Syndrome if child with an active infection takes a product that contains salicylates. Reye’s syndrome effects the central nervous system and can be the cause of amnesia, seizures, or coma to note a few symptoms.

When Filing for Bankruptcy in Canada :: essays research papers

This received a 27/28 in my OAC law class so, have a blast..... WHEN FILING FOR BANKRUPTCY IN CANADA The law sometimes seems to pervade all aspects of our lives and an involvement with bankruptcy and insolvency law has proved to be almost unavoidable for business people in Canada during the 1990's. In simplest term, corporate and individual bankruptcy law provides a set of rules to prevent chaos among the creditors of an insolvent corporation or individual. The legislation is a complex in part because those creditors fall into so many categories-secured creditors, unsecured creditors, government creditors, and so on-each with its own special rights and interests in the bankruptcy process. Canada's federal bankruptcy statute, the Bankruptcy and Insolvency Act, also deals with corporate receivership. A receivership is not the same as a bankruptcy. By the same token, a receiver is not the same as a trustee in a bankruptcy. However, the two systems have a lot in common and a receivership of an individual or a corporation usually occurs at the same time as a bankruptcy. Corporations that have become insolvent can try to avoid bankruptcy and receivership by reorganizing their finances. The Bankruptcy and Insolvency Act deals with reorganizations and another federal statute, the Companies' Creditors Arrangement Act, may offer relief to some corporations. Some of Canada's biggest news stories of the past few years have concerned the attempts of major Canadian companies such as Olympia & York, Algoma Steel, Grafton Fraser, Woodwards, Westar Mining, and Birks, to complete reorganizations. But the most well known companies were both Air Canada and Canadian Airlines. Air Canada, Canadian Airlines, and United Airlines are all commercial passenger air carriers. Beyond that, they have only a few similarities. All are old commercial carriers that were facing bankruptcy together until the Canadian Postal Service approved air travel for Canadian Mail in 1925. There, they reached a point of divergence that continues today. AIR CANADA Time Magazine's November 17, 1958 cover sported a diagonal banner across one corner reading "Jets Across Canada." (Goutierez, 1997). At the time of the article's publication, "Air Canada had earned a reputation as an industry leader, and this, coupled with the high-profile leadership of 'Mr. C.R.,' made Air Canada's imminent transcontinental jet service the catalyst for an exciting new era. Time wrote that although Pan Am had already flown jets across the Atlantic, C.R. Smith and Air Canada would usher in the 'Jet Age' for most Canadians with the introduction of

One fine example of which is religion Essay

Once again after years of oppression the natives savored freedom for the first time. However, one cannot deny the fact the three hundred years of colonization has brought about changes in society that until now is evident in the daily life of its Citizens. One fine example of which is Religion. The Spanish empire was indeed victorious in spreading the Catholic faith since as of the 2000 census, 87. 9% of its citizens claim to be Catholics. Churches that were built at the time of the Spaniards were maintained by the devotees and the church still holds power in society. Another by product of the colonization is the prevalent language which is Spanish. This is the most widely used language in Mexico and followed by English. Spanish has also taken different versions in the country. The language therefore is Localized which vary only in accents and tones. There are still parts of the country that uses their native language however it can’t be denied that almost the whole of Mexico is using Spanish as their primary language. Spanish Colonialism can also be observed in the names of its people. Since together with baptism the friars had given them new names, much of the population today have Spanish names. Example of which is Jose, Maria, Juan and etc. Further more; the population of Mexico is largely constituted of mixed blooded Spaniards who proudly carry with them Spanish names. The country has been branded as a Mestizo country wherein 60 to 70 percent of its population is composed of Mestizo. This is what three hundred years of colonialism did to the country. It has not only changed thief religion but their identity as well. Bibliography Almanac, World.Aztec People Today. USA: World Almanac Education Group, 2005. Anderson, J. O. â€Å"Pre-Hispanic Aztec Colorists El Palacio. † vol. 55 (1948). Anna, Timothy E. , The Fall of the Royal Government in Mexico City, Lincoln, NE. , University of Nebraska Press, 1978 MacLachlan, Colin M. , and Rodriquez O. , Jaime E. , The Forging of the Cosmic Race, A Reinterpretation of Colonial Mexico, Expanded Edition, University of California Press, Berkley and Los Angeles, California, 1990 Ruiz, Ramon Eduardo, Triumphs and Tragedy, a History of the Mexican People, W. W. Norton & Company, New York, 1992.

The Reasons Why the World’s Languages Are Disappearing

The reasons why the world’s languages are disappearing Language is everything; because language is a part of culture which is inseparable with human’s life. People speak by their language regardless of what language they use. There are more than 60. 000 languages which do exist in the world; but unfortunately nowadays every fortnight, a language dies; more than half of the world’s languages are in danger; and by the end of this century it is going to disappear completely. The pace of the languages extinctions are faster than the extinction of flora and fauna. The proof is in the last 5 centuries, an estimated half of the world’s languages have become extinct; but now language does not even need much longer period to become extinct; a century and it will be done. The primary reason as to why the world’s languages are disappearing is it has no longer speakers. Research proved that for the minor language, only a few people speak. Ironically, what research means by minor is the local languages; in fact there are much more languages that is considered as minor or local rather than the major. It means that there are lots of languages which potentially extinct. Next, the second reason is the languages are considered old-fashioned. Moreover, some societies are surrounded by people who speak more common language. Therefore, those societies decide to leave their mother tongue because it is some kind of disgrace of still speaking it in the middle of the society who speak more modern languages. The third one, it is because of natural disaster. It just disappeared instantly. People died and also the language. Therefore there is nobody who can spread the language; because they themselves as the native speakers died. Reason number four is because of the complexity. People hate learning a difficult language; lots of minor and local languages have a high complexity as of finally people do not want to learn it and by doing so, they do not speak it. Finally, there are 4 reasons why lots languages died out. All of them are the basic reasons; but not only human who has contributed to the disappearing but also the nature. Therefore to stop the disappearing, there must be something that we are suppose to do; such as try to learn the local language, learn to be proud of it and learn to keep it all the time.

Personal Development Essay Example | Topics and Well Written Essays - 1250 words

Personal Development - Essay Example In addition, some level of qualitative research will be conducted to determine real-life attitudes of currently-practicing nurses and administration (where appropriate) to determine what credentials or habits would be best-suited to an administrative nursing role. I believe these practices will enhance my knowledge of the nursing profession by being able to link theoretical nursing theory with tangible practice dynamics. As part of my vision for excellence in holistic nursing practice, servant leadership and transformational leadership will be critical to becoming a well-rounded nursing professional able to take a solid leadership position in a dynamic health environment. Servant leadership demands having a focus on others, providing empathetic and benevolence toward others while still developing my own professional competencies (Farazmand et al., 2010). Servant leadership demands being altruistic in virtually dimensions of practice, creating a global perspective that recognizes dive rsity of culture and non-biased servitude for a variety of different patients and professionals. Transformational leadership is also critical for becoming a Chief Nursing Officer as this requires the ability to establish followership, team performance and loyalty from subordinates. Fairholm (2009) describes transformational leadership as being inspirational, while setting a vision for team practice, and then routinely conveying this vision through role modeling and constant communication with team members. Transformational leadership requires the nurse to be a teacher and coach, helping others to develop their own competencies and, ultimately, self-actualization at the psychological level. Transformational leadership provides local-level leadership within the microeconomic health care environment. I must also be considerate of my own personal needs as a professional in this field. I have conducted several self-analyses regarding my preferred learning styles, personality type and lea dership characteristics. These assessments and evaluations have returned very consistent results that indicate I am well-suited for a servant leadership role, maintaining considerable empathetic characteristics and high emotional intelligence. An effective leader in a highly-visible nursing role in administration must be able to gauge the emotional states and needs of their followers and patients in order to provide effective care. At the same time, I must be equipped to regulate my own emotional responses in professional meeting environments, when dealing with disheartening patient scenarios, and when working with diverse cultural representatives. Personal satisfaction will come by finally being self-actualized in relation to my very legitimate desire to assist others in need. Personal satisfaction will also be achieved by having a dominant role in the organization, which tends to suit many of my personality characteristics. Based on honest self-assessment and the results of many d ifferent evaluation tests, I have many dominant characteristics when it comes to leadership, both socially and professionally. I am very self-confident about my abilities and my problem-solving competencies and therefore I trust in my

Chapter 4 Assignment Example | Topics and Well Written Essays - 250 words

Chapter 4 - Assignment Example The correct answer is (c), to solve for I, one must identify the value of I that causes the PV of the positive CFs to equal the absolute value of the PV of the negative CFs. This is, essentially, a trial and-error procedure that is easy with a computer or financial calculator but quite difficult otherwise. The formula for effective rate of r= (1+i/n)n- 1, for Riverside Bank, the effective annual interest rate will be, rR = (1 + (0.065/12))^12 = 1.067, while for the Midwest Bank, the effective annual interest rates will be, rM = (1 + (0.07/1))^1 = 1.07. Hence the effective annual rate is higher for Midwest Bank by (1.07 – 1.067) 0.003 or 0.3%. To arrive at the annual contribution for Ed’s trust, first we calculate the total amount that will accrue for Steve in the next 46 years using the formula, FV= (A.(1+i)˄n-1)/i(1+i) where A is the equal annuities, i is the interest rates and n the number of years (Wegner, p 530). From their initial amount of $15,000 at the rate of 9%, they will accumulate, 15,000x (1+0.09)^7 = 27,420.059. From their regular contribution of $5,000, they will accumulate: $5,000 x 1.09^7 + $5,000 x 1.09^6 + $5,000 x 1.09^5 + $5,000 x1.09^4 =$32,276.7, the total will be: = $59,696.76 At t=11, the amount of $8,103.14, will have a deficit of $12,350.54, so an additional amount of $9,536.88 should be saved before the study begins, hence distributing the amount in three equal installments we use the annuity formula, Ax (1.09^3), A =