Case Study The Automobile Manufacturing Industry

The automobile manufacturing industry is one of the largest industries in the United States and there are some worldwide famous companies such as Ford and General Motors. Henry Ford innovated mass production techniques that became standard, with Ford, General Motors and Chrysler emerging as the â€Å"Big Three† auto companies by the 1920s (Foner - Garraty 1991) (Bland,A).† As I wrote earlier, Ford, General Motors and Chrysler are called â€Å"big three†. They used be the best of best and still are. But the appearance of those companies such as Toyota, Honda, Nissan, Volkswagen and FIAT make the industry more competitive. Now, we (consumer) have more choices which car to buy and that s how the industry become more and more competitive. According to the Motley Fool, Toyota sold 10.23 million vehicles in 2014 and ranked number one (Rosevear, 2015). Volkswagen group ranked the second, it sold 10.14 million vehicles in 2014 (Rosevear,2015). Finally, General Motors the company from the United States ranked the third place, it sold 9.92 million vehicles worldwide in 2014, falling to third place in a race that it led as recently as 2011. But GM is under different management these days, and CEO Mary Barra is focused much more on the company s profitability than she is on its sales rankings. Given that GM s profits have trailed its global peers for years, that s absolutely the right emphasis now (Rosevear, 2015). And Ford Motor Company ranked at sixth with its sales of 6.32 million.Show MoreRelatedCase Study : Global Automobile Manufacturing Industry1109 Words   |  5 PagesWhen analyzing and industry, it is important identify and define the industry in question before the industrial analysis begins (Parnell, 2014). Additional important considerations when analyzing an industry include determining which stage in the industry life cycle the industry currently resides, as well as a thorough identification and analysis of key competitors. Skoda opera tes in the global automobile manufacturing industry. The global automobile manufacturing industry, for the purpose of thisRead MoreBrazils The Brazilian Automobile Industry1461 Words   |  6 PagesKubitschek, established a plan to develop an automobile industry. The plan included attracting foreign automaker investors into the Brazilian automobile industry with financial incentives and the use of market restrictions. Volkswagen, Ford, and General Motors embraced the plan and competed to be market leaders in the Brazilian automobile industry. In this case study we will look more closely into why the Brazilians wanted to build an automobile industry. We will examine the strategy that the BrazilianRead MoreResearch Report On Elon Musk Cofounded Tesla Motors Essay1454 Words   |  6 Pages(Rothaermrl, Zimmer, 2014 p.4). These foreign automobile manufacturing companies have over the years eaten into the market share of local firms, which as at the end of 2012 stood below 30 per cent because of the quality, and fuel efficiency of these cars and other features. The automobile market in the United States is currently not very attractive. Firstly, the number of competing firms in the industry has gone up to more than eleven firms competing in an industry that has high revenues volatility. ChangesRead MoreCase Study on the Rise of the Indian Automotive Industry1174 Words   |  5 Pages Case Study on the Rise of the Indian Automobile Industry Anthony Bradley Brown Mid-Continent University MGT 6013; DL 4M Case Study on the Rise of the Indian Automobile Industry The purpose of this document is to assess the growth of the automobile industry in India, and to discuss some of the advantages and disadvantages of manufacturing automobiles on a large scale in this region. As the car manufacturing industry in this region grows, it is important to understand why companies wouldRead MoreThe Concepts Of Activity- Based Costing1584 Words   |  7 PagesInterdepartmental Dependencies in Manufacturing Brian L. Ayers Professor Christie Novak Syracuse University September 30, 2015 ABSTRACT This paper will discuss and analyze the concepts of Activity- Based Costing (ABC) in the manufacturing industry. Specifically, the document will focus on General Motors (GM), and the innovation of one of their manufacturing facilities who used ABC to predict energy usage in the manufacturing of automobiles. The study yielded a successful ABC predictiveRead MoreThe Concepts Of Activity- Based Costing1344 Words   |  6 Pages ABSTRACT This paper will discuss and analyze the concepts of Activity- Based Costing (ABC) in the manufacturing industry. Specifically, the document will focus on General Motors (GM), and the innovation of one of their manufacturing facilities who used ABC to predict energy usage in the manufacturing of automobiles. The study yielded a successful ABC predictive energy model which provided a structure for competitive advantage for the corporation. INTRODUCTION General Motors (GM) is one of theRead MoreU.S. Automobile Manufacturing in the Twenty-First Century1540 Words   |  7 PagesThe innovation of the automobiles had a significant social and economic impact on the United States. In the early 1900s, Henry Ford was well known for establishing the Ford Motor Company and five years after he launched his company, he introduced the first Model T (History.com, 2013). During this time, automobiles were considered luxuries, and 10,000 Model T automobiles were sold that year (History.com, 2013). In the 21st Century, automobiles are no longer luxuries but necessities. In additionRead MoreS Curve for Ev1155 Words   |  5 PagesS-Curve Insight into the Electric Automobile Industry Introduction Many technological improvements have been made to vehicles to reduce their environmental impact. Some of these advances have been imposed by environmental legislation, others have been incentivized by commercial pressure to improve energy efficiency and limit our dependence on fossil fuel. Greening the transportation sector is thus important for meeting global emissions reduction targets. One innovative technology to achieve a greenRead MoreBMW USA: Country of Origin and Consumer Perception697 Words   |  3 Pagesbut this is often not the case with finished goods (Jones Martin, 2012). Country of origin is therefore typically determined on a case-by-case basis, with the country providing the bulk of manufacturing usually considered the country of origin but with major materials suppliers or corporate domestic operations sometimes serving as the basis for country of origin selection (Jones Martin, 2012). Despite the fact that BMW USA has a substantial US-based manufacturing operation, the company andRead MoreGeneral Motors And The U.s. Auto Industry1029 Words   |  5 Pages Five Forces Analysis of General Motors and the U.S. Auto Industry Trinity Washington University Jessica Jackson I realize the responsibility involved in membership in the Trinity community. I agree to abide by the rules and regulations of this community. I also affirm my intentions to live according to the standards of honor, to which lying, stealing, and cheating are opposed. I will help others to maintain this responsibly in all matters essential to the common good of the community.

Speaking Spanish Has Always Been A Struggle Free Essays

She played a huge role in teaching me how to speak Spanish. The only language she would speak to me while growing up was Spanish. As I grew up I never realized the method that was being used which was direct method until now. We will write a custom essay sample on Speaking Spanish Has Always Been A Struggle or any similar topic only for you Order Now She was teaching me on how to communicate with others while speaking another language. My grandmother only spoke to me in Spanish though I had a rough time understanding and trying to speak it back to her, she was determined to teach me. The role of the teacher who in this case is my grandmother is to teacher me on how to become a communicator. Not merely to learn vocabulary or grammar but to know whom, when and what to say or how to ay certain things. The role of my grandmother was to acquire a learning system which was not focused too much on how to write or learn vocabulary but to learn the proper way to use Spanish first. The students role is to accept the corrections as well as absorbing and putting my Spanish speaking skills to test. Though till this day I am not that great at speaking my second language, know the basic fundamentals of this language, my language in this case would be â€Å"Spangling†. This is where I incorporate both Spanish and English while speaking to Spanish speakers, which my grandmother isn’t too fond of. One characteristic that is good for teaching Spanish would be proficiency, in order to teach a foreign language you must know the language yourself. One must learn how to speak it, read it as well as write it. It was easy for my grandmother to teach me because she was well educated in that language. She was able to exhibit a high level of accuracy in Spanish because of her background with the language. As for the learning process I was able to surround myself with other family members to communicate and improve in my foreign language. As well as watching my grandmothers intense Spanish wows which educated me more and taught me on how to express myself. The nature interaction between my grandmother and I wasn’t too bad, though I struggled in the beginning as time went by I was able to learn it eventually, not as good as I had wished though. It was harder for my because growing up because had a New Yorker accent so for some words had a hard time saying in Spanish, and for that my grandmother made fun of me but thought it was adorable. Plenty of corrections were made during my process of learning Spanish which better my knowledge and understanding in this language. While learning Spanish it was pretty difficult and frustrating especially since I had an accent which was harder for me to comprehend in also my sisters made fun of me because of it Especially when it came to rolling the Or’s that was the most difficult part of Spanish was being able to roll letters. As well as learning on how to speak very fast in my language, normally all Spanish speakers have a tendency to speak very fast, still haven’t gotten the hang of that but I’m learning. When speaking Spanish I have made plenty of mistakes but I was able to remind myself that it’s okay to make mistakes, but to ask ND seek help from people who are great in speaking Spanish. Speaking Spanish in my household was and still is a must, the only way to communicate to my grandmother was through speaking Spanish. Especially since it is my second language it is important that I know how to speak it. Am also able to expand my horizons and know more and how my language works. It’s not just about learning a new language and how to speak it but you learn about its culture as well. It’s important so we can empathic with people in our country who struggle to learn English, so therefore learning more engages and about different cultures will help us develop more knowledge of other languages. The area of language that is emphasized are vocabulary and grammatical structure. Vocabulary is very important for every language especially so you’re able to use it in the correct form. I know for myself whenever use the incorrect word while speaking to my grandmother she looks at me with a confused face and waits for me to correct myself. Vocabulary is an important factor because you want your sentences understandable while using the right terms. As for grammatical, its important to govern the compositions of harass, clauses and words so you can acquire a better sense of how to use these while speaking to an individual. As a child my grandmother would have me repeat every word after her in Spanish and once we did that, she told me what each word meant. Of course we started off with the easy terms first such as animals, fruits and parts on our bodies. As we did those every day as a child my vocabulary increased and little by little began to understand the basics, once we did that we moved onto the harder stuff. Learning different terms helped me improve in this engage and gave me a better sense on how to use them and when to use them. As only able to speak Spanish whenever I would see my grandmothers, or went to visit people in my country. My native language which is English is Of course my strongest skill but speaking Spanish has given me the opportunity to explore more in my foreign language and not rely so much on my native language. The role of my native language should not be used when learning another language, should be able to get out of the habit of not depending so much on it and being able to be open to learning different languages especially my own language. How to cite Speaking Spanish Has Always Been A Struggle, Papers

Swot Analysis of Louis Vuitton

Question: Describe the various aspect of the Louis Vuittons (LV). Answer: Introduction This paper described the various aspect of the Louis Vuittons (LV). The main purpose is to evaluate the external and global environment of the LV. This paper covers the environmental issue under the industry, remote and operating environment. These papers depicted the external and global environment in the LV in Japan. Indeed, Louis Vuitton was an international famous fashion boutique brand that provides craftwork leather bags and trunks. It is established in France in 1854 by LV. It is oldest luxury houses of fashion in France. The founder of the company was born in 1821 in Anchay, France. Further, In the 1885, the organization started its overseas store in London. In the 1888, Louis Vuitton produced Canvas Damier Pattern to make unique and recognizable by anybody. In the 1913, the company was building started on the Champs-Elysees. LV was the largest travel good store in all over the world. The company introduced Keepall bag in the 1930. (Baker, Baker, Saren, 2010) External environment External environment of the Louis Vuitton is depicted by following points that are described below: Demographic and social environment: LV includes men and women range of young people that belong to 22 to 65 age years from middle class and above them. LV is facing many challenges from demographic concern such as aging population and ethnic proportion changes in the world. LV products have good demand in Asian as compare to France. LV logo is also contributing to raise its sales and profit margin. LV product provides to only few people because its price is too high and cant be afforded by low class people. (Ireland, Hoskisson, Hitt, 2011) Political and legal elements: Due to its high price no one can afford it so many fake companies came up in the market to produce low price product as their competitor. They got licensed from government due to poor intellectual property rights. Due to weak law against this kind of company no one is punished. Those fake companies are producing similar product in low cost. So, company setup new anti-counterfeiting (fake) to handle those kinds of agencies which providing fake or similar product without any legal licensed. (Armstrong, et al 2014) Moreover, they should work with government that helps to LV fight against fake companies. They forced to French parliament that conduct a criminal article against counterfeit. Economic elements: The most important elements that impact the LV sales in India is the tariff. Due to high taxes and lower incentive is to purchase those goods its sales is not going quickly in future. LV main aim is to produce their product for richest people in the country so it has limited market to sale their product. However, there are rich people group who would marking luxury outlets in the worldwide because there are only few outlets out of France. (Ireland, Hoskisson, Hitt, 2011) Global environment Before growing into abroad market, we need to consider that organization will enter the market. Each firm has strength and weakness that must carefully weighted according to business and legal climate of the nation we are entering our business policy. (Armstrong, et al 2014) The three kinds of business firms were used by Louis Vuitton in their entry to international environment or business that is described below: First, Louis Vuitton applied the joint venture to partner with business in several nations. Most of nations are prohibited the abroad firm to operate their business in our country without any partner of local business. This strategy made more capable to the LV Company. Through the joint venture they prefer to sell their product so LV became partner with Damat. LV and Damat from Orka Group firm in Turket joint venture developed to increase their business in the Turkish area. (Hall, 2011) Second, the pre-operation of LV was conducted through channel of distribution in abroad market. Michelle trading firm was the selected distributor of LV. Through the license of Michelle Company acquired sample product of LV and resold the product of residents to purchase the costly product to allocated price of transportation. But instead of this the product came available by channel distributors. (Armstrong, et al 2014) Third, LV Company has successfully entered operational transaction in abroad market. LV had several subsidiaries in different nations in Asia and North America. The etiquette of the firm of new business entity would be explained by the desire of LV and rules and regulation of the abroad nations. (Hall, 2011) Conclusion On the basis of above analysis, it can be concluded that clear external and global environment as well as high ability to adopt new technology in Louis Vuitton helps to maintain its competitive position in all over the world. References Armstrong, G., Adam, S., Denize, S., Kotler, P., (2014). Principles of Marketing. Australia: Pearson Australia. Baker, M., J., Baker, M., J., Saren, M., (2010). Marketing Theory: A Student Text. USA: Sage Publication Inc. DeSombre,E., R., (2007). The Global Environment and World Politics. USA: Bloomsbury Publishing. Hall, R., (2011). Narcissistic Behavior in the Postmodern Era. USA: Xlibris Corporation. Hoskisson, R., Hitt, M., Ireland, R., D., Harrison, J., (2011). Competing for Advantage. USA: Cengage Learning. Ireland, R., D., Hoskisson, R., Hitt, M., (2011). Understanding Business Strategy Concepts Plus. USA: Cengage Learning.

The United States Of America free essay sample

The USA is one of the largest states in the universe. It is situated in the cardinal portion of the North American continent. The country of the USA is over nine million square kilometers. It is washed by the Pacific Ocean and by the Atlantic Ocean. The most northern portion of the USA is Alaska, the largest province, separated from the remainder of the state by Canada. The population of the United States is about 250 million people, most of the people live in towns. Peoples of different nationalities live in the USA, The official linguistic communication of the state is English. The capital of the state is Washington. It was named in honor of the first President, George Washington. As the USA is a big state, the clime is different in different parts. For illustration, the Pacific seashore is a part of mild winters and warm, dry summers, but the eastern Continental part is watered with rainfall. We will write a custom essay sample on The United States Of America or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The part around the Great Lakes has mutable conditions. There are many mountains in the USA. For illustration, the highest extremums of the Cordillera in the USA are 6,193 and 4,418 meters. The chief river of the state is the -Mississippi. But there are many other great rivers in the USA: the Colorado in the South and the Columbia in the north West. There are five Great Lakes between the USA and Canada. The USA produces more than 52 per cent of the universe s maize, wheat, cotton baccy. There are many large metropoliss in the state. They are Washington ( the capital of the state ) , New York ( the metropolis of contrasts, fiscal and concern Centre of the USA ) , Boston ( there are many colleges and universities in it ) , Chicago ( one of the biggest industrial metropoliss in the USA ) , San Francisco, Los Angeles, Philadelphia, Detroit ( one of the biggest Centres of the car industry ) . The USA has an Academy of Sciences. There are many scientific establishments, museums, libraries, theaters and other interesting topographic points in the state. The USA is a extremely developed industrial state. The USA is rich in mineral resources, such as aluminum, salt, Zn, Cus, and others. The state is rich in coal, natural gas, gold and Ag, excessively. It holds one of the first topographic points in the universe for the production of coal, Fe, oil, natural gas. Such industries as machine-building, ship-building are extremely developed in the state. American agribusiness produces a batch of nutrient merchandises: grain, fruit, veggies. The USA is a federal democracy, dwelling of 50 provinces. Each of these provinces has its ain authorities. Congress is the American Parliament which consists of two Chambers. The president is the caput of the province and the authorities. He is elected for four old ages.

The Long and Short of Long- Words

The Long and Short of Long- Words The Long and Short of Long- Words The Long and Short of Long- Words By Mark Nichol Longevity, longitude, and other words with the root long- (or altered spellings of the root) are derived not from long, which stems from the Old English adjective lang, but from the Latin equivalent longus, which shares its Proto-Indo-European ancestry with the Germanic cognate. This post lists and defines words that stem from the Latin term. Longevity, from the Latin adjective longaevus, means â€Å"long life.† Longitude, meanwhile, in general means â€Å"length† or â€Å"height,† but it usually pertains to horizontal distance on the surface of Earth or any sphere (and to a line marking such a distance). The adjectival form is used in the measurement sense but also pertains to long-term research studies and to a vehicle engine that runs a lengthwise rather than crosswise crankshaft. Elongation and prolongation both refer to extension, but the former applies in a physical sense, while the latter sense is chronological. The verb forms differ, too: They are, respectively, elongate and prolong. Oblong, meanwhile, describes something that is longer than it is wide, though it can be used as a noun as well as an adjective. English borrowed longeurs, a word describing a tedious passage in a book or a play, from French. Two obscure words derived from longus are longanimity and longinquity. The former word means â€Å"forbearance† or â€Å"patience†; the element animity is from the Latin noun animus, meaning â€Å"mind† or â€Å"soul,† which is the source of animal. The latter is an archaic synonym for remoteness. Several words with disguised kinship are lounge, from the French verb s’allonger, meaning â€Å"lie at full length†; lunge, originally a fencing term meaning â€Å"sword thrust† (from the French noun allonge) with the extended meaning â€Å"sudden reach or rush†; and purloin, meaning â€Å"steal† (from the Anglo-French verb purloigner, meaning â€Å"remove†; the connection to longus is the idea of delaying something or moving it far away). Along, belong, and length are, like long, of Germanic origin, as are compound words such as longbow, longhaired, and longtime, as well as headlong, lifelong, and so on. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Cost-Effective vs. Cost-EfficientDisappointed + Preposition25 Idioms About Bread and Dessert

Meet Zapier CoSchedules Latest Integration [NEW FEATURE]

Meet Zapier s Latest Integration [NEW FEATURE] Managing a marketing team with MULTIPLE tools Is more than tough†¦ It’s CHAOS. You end up spending a majority of your day jumping from screen to screen. Commenting on the SAME updates in a hundred different places. And wasting a huge portion of your day on mundane tasks. If only there was a way to sync all your productivity tools in ONE place ;) Introducing ’s latest integrationZapier!  Connect your favorite tools + automate your workflows with your NEW secret weapon. Meet @Zapier: @’s Latest IntegrationWith Zapier, you can: Automatically sync all your productivity tools in ONE place. No more jumping from screen to screen to manage multiple applications! With Zapier, you can easily sync all your events, tasks, content AND projects from other tools directly into your calendar. Eliminate mundane tasks + duplicative efforts! With the Zapier integration, you can easily set up automatic workflows that put time back on your calendar so you can focus on creating content that *actually* grows your business AND increases profits. 💠° Which means you can spend less time worrying about tracking + managing a million different tools†¦ and finally have time to focus on projects that *actually* matter to your business. 😎 Automatically Sync All Your Productivity Tools In ONE Place As marketing lead, you have a THOUSAND things to manage. (And honestly, you like it!) But constantly jumping from screen to screen to keep track of everything across multiple applications†¦ that’s the part that’s not so fun. #truth Luckily, with Zapier, you can stop jumping from screen to screen to manage multiple applications! Easily sync all your events, tasks, content AND projects from other tools directly into your calendar. Let’s dive into how it works. Sync Up Your Events Have trouble managing the thousand events you have scattered between Google Calendar and ? Set up a Zapier integration to create an event in any time a new event is added in Google Calendar. Sync Up Your Tasks You love your project management tool, but you also love . The problem? You waste precious time tediously adding the SAME tasks in both tools. *sigh* But it doesn’t have to be that way. 😠 Easily sync up your tasks inside from Asana, Trello, Basecamp 2, Basecamp 3, or Wrike by setting up a Zapier integration! Sync Up Your Content Tired of managing content between multiple applications? Set up a Zapier integration to create content in any time a new card is added in Trello, or a new row is added in Google Sheets. Which means you can stop jumping from screen to screen, save time, and easily manage your ALL your content in . Sync Up Your Projects Managing large projects is already hard enough. But having to jump between multiple applications to keep track of the SAME projects? It’s insanity. Luckily, with a little help from Zapier, you can get all your projects in one place! Easily set up a Zapier integration to create a marketing project in any time a new project is added in Basecamp 2, Basecamp 3, or Asanawhen a new event is added in Google Calendaror when a new row is added in Google Sheets! Which means you can stop jumping from screen to screen (and focus on executing your projects instead). No matter how many tools you use (or what tools you use)†¦ With Zapier, it’s easy to automatically sync every  event, task, piece of content, AND project in one place! Eliminate Mundane Tasks + Duplicative Efforts! When you spend half your day copy/pasting comments about project updates.. . Transferring content from one tool to the next†¦ Or sifting through random to-do items scattered in your email inbox Something’s gotta give. Because honestly†¦these mundane tasks (while important) don’t have huge impacts on your bottom line. (And take you away from important, profit-driving projects). #yikes Luckily†¦with Zapier, you can easily set up automatic workflows that put time back on your calendar so you can focus on creating content that *actually* grows your business AND increases profits. 💠° Stop Jumping Between Your Email Marketing Tool + Keeping track of content for every email campaign is a nightmare, especially when you have to constantly flip between an email marketing tool, like MailChimp, and . The solution? Set up a Zapier integration to create content in any time a new campaign is scheduled in MailChimp. Save your sanity, never lose track of content, and easily manage every email campaign in . Stop Sifting Through Your Emails Nothing’s worse than trying to track down to-do items (in random emails) scattered throughout your inbox. The solution? Set up a Zapier integration between the Zapier Email Parser + to add a new task to anytime your Zapier Email Parser receives a new email! No more email sifting for you, my friend. Stop  Copy/Pasting Between Google Sheets + You LOVE spreadsheets. But you DON’T LOVE having to copy + paste information from your spreadsheet into . Luckilyyou can use a Zapier integration to automatically add tasks, content, and/or projects to anytime a new row is added in Google Sheets! Which means as an avid spreadsheet and user, you can have your cake AND eat it too :) Automation is a BEAUTIFUL thing. Besides putting time back on your calendar†¦ you can STOP getting stuck in the weeds of mundane tasks + duplicate efforts. Which means you can focus on creating content that *actually* grows your business AND increases profits. 💠° Managing a marketing team that uses MULTIPLE tools used to be chaos. ;) You’d spend half your day jumping from screen to screen Commenting on the SAME updates in a hundred different places And wasting your precious time on mundane tasks. But with Zapier†¦Ã°Å¸ËœÅ½ It’s easy to sync all your productivity tools in ONE place! Which means you can spend less time worrying about tracking + managing a million different tools†¦ And finally have time to focus on projects that *actually* matter to your business.

Managing the Impaired Nurse Research Paper Example | Topics and Well Written Essays - 2750 words

Managing the Impaired Nurse - Research Paper Example As an integral part of the delivery of quality healthcare, the functioning capabilities of the nurse must be on par with the standards required by the institution and the position within that institution held by the nurse. An impaired nurse, by definition, is lacking in the ability to perform their duties at a level sufficient to successfully provide their patients with quality care and meet the standards defined by their position. The complete technical definition, according to Dunn considers a nurse to be impaired â€Å"when alcohol or drug use affects their cognitive, interpersonal or psychomotor skills to the point where they can no longer satisfy their professional code of ethics or standards of practice†. As a management leader, the quality of the decisions made regarding the identification of a nurse impaired, whether due to drug abuse or the use of other mind-altering substances, is vital to the success or failure in the ability of the staff to provide their patients w ith proper care. Since nurses represent the largest discipline within the healthcare infrastructure, strong leadership is vital to a healthy work environment, job satisfaction, improved patient safety outcomes, lower turnover rates, and positive outcomes for organizations, patients and healthcare providers. (Curtis, de Vries, & Sheerin, 2011). The primary requisites for successful management and leadership, as depicted by Marquis & Huston (2012), are decision making, problem solving, and critical thinking, which are considered to be learned skills that improve over time and with consistent use. The overall imperative of nursing, like all healthcare practices, is to provide optimal care to patients to help cure or better their conditions and, since the ability of the impaired nurse to achieve this function degrades according to their degree of impairment, it is vital for nurse leaders and managers to address these issues. Impaired nurses pose a significant risk to the health and safe ty of patients and it is essential that management and leadership staff members have accurate information regarding the prevention, identification, investigation, and reporting of a nurse with a substance abuse or chemical dependency problem so that they are able to assist in the referral of a nurse with a substance abuse or chemical dependency problem for appropriate assessment and monitoring (Colorado Board of Nursing, 2003). In addition, seeking help for the impaired nurse can potentially enable the nurse to eventually return to their duties once they have completed their recovery. Each year, statewide monitoring agencies receive thousands of complaints against RNs and LPNs, and a significant number of these complaints are regarding suspected drug/alcohol/chemical dependency issues, which makes the condition of the impaired nurse a significant national problem. For this reason, the topic of managing the impaired nurse is of significant interest and is one I feel should be address ed.

Genetics and Crisis Intervention Research Paper

Genetics and Crisis Intervention - Research Paper Example The nurse spoke to Kim kindly and provided information pertaining to various types of aneuploidies, their clinical presentation and complications. The nuchal test was suspicious of aneuploidy and maternal serum markers hinted at the presence of some aneuploidy. Kim was 14 weeks pregnant now and the obstetrician advised amniocentesis to confirm the diagnosis. Kim underwent the procedure and the nurse told her that she had to wait for a week for the report to come. One week later, the obstetrician confirmed that the amniocentesis report was suggestive of Huntington's disease. Kim felt disastrous. She was referred to a genetic counselor. The genetic nurse took a detailed history and went through the medical reports and noted them down. Kim enquired the nurse about implications of Huntington's disease and whether she should opt for abortion. Discussion The profession of nursing has labored continuously to document a wide and yet full range of nursing diagnoses, various nursing interventi ons and patient outcomes. This has been possible because of a steady knowledge base of the profession and continuous assimilation of new knowledge by means of nursing research. One such new area in which the profession of nursing has begun to get involved deeply is genetics (Carroll-Johnson, 2000). When nurses work in genetic diseases detection and management units, they are likely to come across patients and parents who will ask them about genetic disorders related questions especially in relation to a particular disease like Aneuploidy and Hungtinton's disease. In case of fetal diagnosis one question that plaques the nurses is "Is the diagnosis right? How sure are you that the diagnosis is correct?" This is more so because there is no particular symptomatology in this case and the diagnosis is often made after getting clues from routine screening. Also, in several genetic related conditions, the advice is to terminate the much awaited pregnancy, shattering the dreams of the young couple. It thus becomes difficult on the part of the nurse to convince the parents that such a decision must be taken in the best interests of both the parents and the child. Nurses, because of their proximity of the patients and easy approachability are likely to be hovered with more questions and doubts from the patients and it is obliging on the nurses to answer the question in the most understanding manner. Thus, even nurses must have appropriate knowledge about various genetic disorders that may be encountered in their clinical practice (Kirk, 2006). According to the Genetics White Paper (DOH, 2003) advances in the knowledge and also the understanding of various genetic problems, disabilities and diseases have contributed towards more accurate diagnosis with better personalized prediction of risk, better preventive strategies, improved treatment modalities and newer drugs and therapies. Such an enhanced improvement in diagnosis and prediction has already made a great impact in the clinical practice of genetics. Advances in genetics have made it possible to provide more insight into the genetic component of the disease and also various environmental triggers of the condition (Kirk, 2006). With reference to nursing in the field of genetics, seven-point competence standards have been outlined. The nurses must be able to identify patients who might benefit from various genetic

Ramayana and Diwali Essay Example for Free

Ramayana and Diwali Essay Festivals are the lifeblood of all nations. They add charm and thrill to our humdrum life. India being a melting-pot of religious race an d cultures, it has a plethora of festivals and feasts. Among these, Diwali perhaps is the most pan-Indian festival celebrated with great pomp and mirth throughout the length and breadth of the country, largely in Northern and Central India. Diwali, better known as Deepawali among the Indian masses, is a festival of lights. There are many reasons why Diwali is celebrated. It’s not just the festive mood in the air that makes us happy, or just that it’s a great time to enjoy before the advent of winter. The Goddess of wealth, Lakshmi incarnated on the new moon day of the Kartik month, hence Diwali is associated with Lakshmi. It is also believed that Diwali is connected with the triumph of Lord Krishna over the demon king Narakasur However, the most prevalent belief is that the festival marks the victory of Lord Ram over Ravana. On this day, it is believed that Rama came back to Ayodhya after his victory over the evil king of Lanka, Ravana who had taken away his wife Sita. People greatly rejoiced the return of their beloved prince. They lighted up whole Ayodhya with earthen lamps, decorated their houses and welcomed them with pomp and ceremony. The present day celebration of Diwali is held in remembrance of this event. Diwali is generally celebrated in late October or early November, soon after the rainy season is over. A lot of preparation goes in before the actual festival. Houses are cleansed, white washed and painted. Every nook and corner of the house is swept clean. Thereafter, in the evening earthen lamps and decorative lights are put in and around the house giving an atmosphere of joy and happiness. As the night approaches, children and people light up the sky with their firecrackers. The streets and markets bear a dazzling look. Illumination of every hue and color light up shops and buildings. Thus, there is gaiety, cheerfulness, merrymaking and fun everywhere. There is joy on every face. On this day every one puts on their best dress which has been purchased well in advance. Special meals and sweets are prepared. People exchange greetings and share sweets and meals as a mark of friendship and brotherhood. The festival of Diwali teaches us many values of life. More than anything else this festival symbolizes the ultimate victory of good over evil. It teaches us that one day or other the evil existing in this world would be subdued by goodness and righteousness. Rama’s obedience to parents, Sita’s faithfulness,  Lakshman’s unflinching love for his brother, etc. teach us many noble lessons of life. The festival is a national festival celebrated by everyone irrespective of caste, creed and race. It therefore, promotes unity, common brotherhood, and communal harmony. Hence, in a world like ours, broken by narrow domestic walls of religious fanaticism and social disharmony, a festival like Diwali can bring people together, heal wounds, and can help in fostering national integration. Diwali is thus, my favorite festival.

Deontology and Homosexuality Essay -- Ethics

If a faculty advisor censors an article written by a gay student, they are following their traditional viewpoints against the homosexual lifestyle. Several researchers have addressed the issue of sexual preferences and consequential discriminative beliefs. According to research by Herek (1987), religion is one of the most important social agents in defining viewpoints against homosexuality, and their intolerance reflects on both the academic community and the entire society. As a moral realist, I cannot form prejudices because the main rule of moral realism states that the objective truth is not related to subjective beliefs. The perlocutionary analysis will be used in evaluating and responding to the issue because my goal is to persuade the faculty advisor that censoring articles based the author's sexual preferences is morally incorrect. In the letter, I will aim to persuade the faculty advisor that the ethical decision-making model behind removing the article is at fault, a nd I will explain both personal and community worldviews that endorse diversity while avoiding generalized statements to preserve the relationship with my significant other. The Church follows deontology because they consider their own rules as absolute. From a deontological position, the Roman Catholic Church is acting under the proposition that God himself is against homosexuals, so people should follow His rule that homosexuality is a sin. However, I believe that there are two types of deontological positions in this situation because I have observed two types of deontologists. While all deontologists consider rules absolute and follow them independently of external circumstances, some deontologists follow rules and norms set by other institutio... ... to homosexuals in the letter. My concern is to persuade the advisor to encourage true values, such as unconditional love and compassion, while preserving my status in the community. Another reason why I should choose my words with care is to preserve the relationship with my significant other and avoid potential conflicts. Although I am apparently attempting to promote a generalized ethical statement, my significant other should not bother with my actions if I express my statements subjectively. Non-cognitivism is against objective and universal truths because subjective views define truths, but it accepts statements that reflect subjective worldviews (Garner & Rosen, 1967). If I write the letter about equality of human rights for everybody as my personal viewpoint, I should avoid conflicts with my significant other regarding the expressions used in the letter. Deontology and Homosexuality Essay -- Ethics If a faculty advisor censors an article written by a gay student, they are following their traditional viewpoints against the homosexual lifestyle. Several researchers have addressed the issue of sexual preferences and consequential discriminative beliefs. According to research by Herek (1987), religion is one of the most important social agents in defining viewpoints against homosexuality, and their intolerance reflects on both the academic community and the entire society. As a moral realist, I cannot form prejudices because the main rule of moral realism states that the objective truth is not related to subjective beliefs. The perlocutionary analysis will be used in evaluating and responding to the issue because my goal is to persuade the faculty advisor that censoring articles based the author's sexual preferences is morally incorrect. In the letter, I will aim to persuade the faculty advisor that the ethical decision-making model behind removing the article is at fault, a nd I will explain both personal and community worldviews that endorse diversity while avoiding generalized statements to preserve the relationship with my significant other. The Church follows deontology because they consider their own rules as absolute. From a deontological position, the Roman Catholic Church is acting under the proposition that God himself is against homosexuals, so people should follow His rule that homosexuality is a sin. However, I believe that there are two types of deontological positions in this situation because I have observed two types of deontologists. While all deontologists consider rules absolute and follow them independently of external circumstances, some deontologists follow rules and norms set by other institutio... ... to homosexuals in the letter. My concern is to persuade the advisor to encourage true values, such as unconditional love and compassion, while preserving my status in the community. Another reason why I should choose my words with care is to preserve the relationship with my significant other and avoid potential conflicts. Although I am apparently attempting to promote a generalized ethical statement, my significant other should not bother with my actions if I express my statements subjectively. Non-cognitivism is against objective and universal truths because subjective views define truths, but it accepts statements that reflect subjective worldviews (Garner & Rosen, 1967). If I write the letter about equality of human rights for everybody as my personal viewpoint, I should avoid conflicts with my significant other regarding the expressions used in the letter.

A Woman Without Paint Is Like Food Without Salt

People may be surprised to know that makeup has its own past. In fact there is a long history of makeup that has led it to the point where it is today. Pharaohs and great queens of Egypt wore, makeup thousands of years ago and while it wasn't composed of the same materials, they still used it in similar ways as people do today. Women and men have been wearing cosmetics for over centuries and still are now in days. The styles have certainly undergone some dramatic changes over time but makeup is still being used the same way. Everyone wore makeup Nutt Amy from the website History of Make Up discovered that the ancient Egyptians took a lot of pride in their appearance. Everyone, of all ages or gender wore make up. Men, women and children of all ages and classes wore makeup for important ceremonies like marriage, rebirth after death, temple festivals and religious ceremonies, and it was also used in the daily basis. Women wore it to attacked man, and men wore it to let the women know that they were clean men and liked to be attractive, most of the children wore it to be creative and fun. All women and men wore this makeup for medical reason to protect themselves from the sunlight and other infections that were in Egypt. Now a day’s makeup is not worn to cure diseases or protect your self from sunlight but it is used to look more attractive. How it was made According to Mega Partin from the website Egypt Makeup. com Udju was made from green malachite (green ore of copper) from Sinai. Sinai and its mines were considered under the spiritual dominion of Hathor, ancient goddess of beauty, joy, love and women. Lady of Malachite. † Mesdemet, a dark gray ore of lead, was derived from either stibnite (antimony sulphide) or, galena (lead sulphide. ) Galena was found around Aswan and on the Red Sea Coast. The powders in ancient Egypt, preparations were a little more different then ours. The cosmetic material had to be powdered on a palette and then this powder mixed with a substance, (analysis indicates that these were usually ointments derived from animal fat) to make the powder adhere to the eye. Eyes liner was usually a powder substance it was made out of kohl made of crushed antimony, burnt almonds, lead, oxidized copper, ochre, ash malachite, chrysocolla (a blue-green copper ore). Mascara was made out of blended kohl with crocodile dung, water and honey blended together. These were they materials that Egyptian men slaves used to create makeup. Although we don’t make makeup with the same material it is still used in the same way as in Ancient Egypt, Eye Liner in Egypt According to Tiller Christy, eye liner was applied with a small stick. The upper and lower eyelids were painted in a line that extended to the sides of the face for an almond effect. Dark thickly lined eyes were the fashion; eyeliner could restore poor eyesight and reduce eye. It was even thought. Eyeliner can be found in liquid, powder, wax, kohl, and even gel varieties. This was used in different ways by both men and women. It was worn in different styles women wore it in an almond shape because the eyebrows of the women were much more even. The men wore it under their eyes but a little bit darker. Women now a day wear the eye liner like they used it in Egypt witch is called the â€Å"cat eye†. Mascara in Egypt Ancient Egyptians play a large part of the rich history of mascara. As far as 3400-30 B. B. Mega Partain from Egypt. com found in the sands of Egypt used bones and ivory as mascara applicators, water and honey to create the first mascara. Egyptians used mascara to deepen their lashes. Because eyes were believed to be the windows of the soul, they said that the makeup was used to ward of evil sprits and bad energy. Egyptian men wore mascara, as did Egyptian women. Ancient drawings of Cleopatra suggest that mascara was widely using for protection, celebration and war and death practices. Although the Egyptians were the first know era that used mascara. The history of mascara began with cake mascara reformulated, and is still found today. Cleopatra’s beauty is a result of some excellent makeup, for their eyes. By the 1sy Dynasty of Egypt decided that decorating persons eyes, heeks and lips was consider a statement of royalty. We don’t use it the same and don’t look at it the same because back then they were queens and kings and today we don’t have any queens and kings to show royalty to because of their beauty. Lipstick in Egypt Lipstick was also applied with a small stick just like the eyeliner. The ancient Egyptian women squeezed out purple red color from iodine and bromine, leading to serious diseases. With time, it came to be known as â€Å"the kiss of death†. Most of the women and also men died because of this lipstick the women died because they were wearing it and it went through their skin, the men died from it because they got kissed by the ladies who had it. It is said that Cleopatra’s lipstick were made from carmine beetles, which gave a strong red color pigment. This was mixed with and eggs, which provided the base. This lipstick is still used like it was used in Ancient Egypt it has the same base and shine to it. Eye Shadow in Egypt The Egyptians used eye shadow in their burials and back in 10,000 BC. Tillery Christy French from the website the History of Makeup. om says Eye shadow has been used in different parts of the world. However, the common fact in this culture is that eye shadow is generally used on females and very rarely on males. The western worlds consider eye shadows as a female makeup. This is because the average distance between eyebrows and eye lashes is more in women than in men. For the fact that its more girly then manly and men don’t believe in wearing makeup because it would make them feel feminine and in Egypt men like wearing makeup because it would make them look clean and attractive to women. Makeup has been with us for centuries and is and can be used in many different ways with men and women, men use it for movies or any other type of action, and women use it to beautify themselves and attract males with the beautiful colors. Lip liner, lipstick, eyeliner, eye shadow, and mascara create gorgeous designs on your face that’s what they are made for, to create a different person and to make you feel better about your self. It’s incredible what makeup can do, and how it was made before with animals, insects, and oil, the techniques that Egyptians used with the tools and the different Egyptian design they did on the lady’s face. I never imagined that makeup was used even before I was born. And now the different techniques that were used before are used now and are being passed on because of the queen Cleopatra. You will never see a woman walk out of their house with out being beautified, Cleopatra never walked out with out her makeup on why should you?

Analysis of Madame Bovary

The story begins with Charles, a young boy who is scorned by his peers in school. He lived a life of mediocrity and dullness even as he grew older, failing his first medical exam and ends up being a second rate doctor. His mother finds him a would-be rich wife, who dies leaving him less money than he expected. Soon afterwards, he meets and falls in love with Emma, the daughter of one of his patients and marries her. However, Emma grows disappointed as her new life of marriage failed to meet her cravings in life. She also felt the same even when she gave birth to Berthe, the Bovarys’ first child. Soon, she starts a romantic affair with Leon, whom the couple met earlier, but felt guilty after finding out that he loved her. Leon, convinced that Emma would never love him back, goes to Paris to study law, leaving the latter miserable. Emma then meets Rodolphe, a wealthy neighbor, and begins a passionate affair with him and even borrows money from a merchant, Lheureux, to buy him gifts. Charles on the other hand, is in trouble for following the medical procedure suggested by Homais, a bourgeois who talks about things he doesn’t know anything about. The medical procedure leads to the amputation of a patient’s leg due to gangrene. After some time, Rodolphe grew bored of her and ends the relationship, leaving Emma very ill. After her recovery, they watch an opera in the nearby city of Rouen and again meet Leon. Emma and Leon rekindle their love affair. This time, however, Emma and Leon grew tired of each other and decide to part ways. Meanwhile, Emma is unable to pay her debts even after pleading for help from both Rodolphe and Leon, forcing Lheureux to seize her properties. This causes Emma extreme sorrow and misery, which ultimately results in her committing suicide by swallowing arsenic. Charles, for a short while, preserves the memory of his wife, but soon discovers the love letters from her past affairs. He dies alone in his garden, struck with pain and agony, leaving their daughter Berthe to work in a cotton mill as an orphan. Analysis Basically, there are many scenes in the story that could one way or another portray realism but possibly the best example is Emma’s affairs with Rodolphe and Leon. This is, without a shadow of a doubt, an act of adultery, which is common among families in the real world and committed by both the husband and the wife. In the story, the example used was the wife’s boredom and frustrations with her husband, who is unable to satisfy all aspects of her needs. Charles’ laziness, mediocrity, and incompetence disappointed Emma as she yearned to live a life of higher status, something that he failed to give her thereby causing the latter to commit adulterous acts. The supposed union of Emma and Charles dissolved during their deaths leaving their only child, Berthe, a poor and helpless orphan. The dysfunctional family of three characters portrays a common scenario in the world and also conveys the message that ultimately, it is the children who suffer most. One other theme the story depicts is the â€Å"showpiece of French realism.† The story took place in the 19th century France, a period where bourgeois or French people belonging to the middle class thrived. Emma was basically a bourgeois but was clearly dissatisfied with her status as she constantly wanted more. She clearly didn’t like this group of people and wanted to escape her apparent â€Å"prison† of being in the middle class. Her hatred for her class also possibly echoes the sentiments of the novel’s author, Gustave Flaubert. This was further emphasized with the depiction of Homais as a pharmacist of the bourgeois class who spoke a lot about things he actually didn’t know of. Charles and Homais’ incompetence fuels Emma’s hatred for the bourgeois even more. Historically, these feelings toward the bourgeois became a growing trend among people in France during the 19th century so in a sense it depicted what the conditions of the people were and how they felt during that period. Works Cited Flaubert, Gustave. Madame Bovary. USA: Penguin Classics, 2002.

November Writing Prompts for Journaling

November Writing Prompts for Journaling November is a great month to step back and count our blessings. The month offers a range of activities, many associated with football and meals and family. Here are writing prompts, one for each day of the month of November. These prompts been chosen to highlight special days throughout the month. These can be used as daily warm-ups, journal entries, or opportunities for speaking and listening.  Thanksgiving  does not have a date, as it is always the fourth Thursday in November. For this holiday, a great prompt would be: What are five things that you have to be thankful for? November Holidays Aviation MonthChild Safety and Protection MonthLatin American MonthNational Model Railway MonthNational Novel Writing Month   Speaking and Listening Opportunity Participate in  Storycorps  The Great Thanksgiving Listen.​The Great Thanksgiving Listen is a national movement that empowers young people- and people of all ages- to create an oral history of the contemporary United States by recording an interview with an elder. To date, thousands of high schools from all 50 states have participated and preserved more than  75,000 interviews, providing families with a priceless piece of personal history. Writing Prompt Ideas November 1 - Theme: National Authors Day. Who is your favorite author? Why do you like his or her writing?November 2 - Theme: Cookie Monsters birthday. Which of the Sesame Street characters was your favorite as a child? Why?November 3 - Theme: Sandwich Day. Whats your idea of a perfect sandwich? Whats on it? What type of bread would it have? Describe it in detail.November 4 - Theme: End of daylight savings time. Do you think that America should continue to observe daylight savings time? Why or why not?November 5 - Theme: National Donut Day. Use your five senses to describe your favorite type of donut.November 6 - Theme: Voting. What are your feelings about voting? Is it something you look forward to doing or do you not really care? Explain your answer.November 7 - Theme: Magazine Day. Pretend you are creating a new magazine. What would it be about? What type of features would it include? Make sure to give your magazine a name. If you were going to create a magazine, what would it be called, and November 8 - Theme: X-Ray Day. Have you ever had to have an x-ray? If so, what was it for? Describe what happened to cause your injury. If you never had an x-ray, write about your worst injury.November 9 - Theme: Parade Day. Write a poem or a short piece of prose about a parade. It can be serious or humorous, your choice.November 10 - Theme: National Novel Writing Month. If you were going to write a novel, what would it be about? What would its title be?November 11 - Theme: Veterans Day. Describe at least three ways that you can honor veterans who have served in Americas armed forces.November 12 - Theme: Nuclear energy. Which type of energy do you think America should focus on for the future: solar, wind, fossil fuel, or nuclear? Explain your answer.November 13 - Theme: World Kindness Day. Describe an instance where someone was really kind to you. How did it make you feel?November 14 - Theme: Childrens Day (India). In India, November 14th is Childrens Day. Do you think that America s hould institute a special day set aside as childrens day? Explain your answer. November 15 - Theme: National Recycling Day. Do you believe that people should be penalized if they dont recycle? Explain your answer.November 16 - Theme: Scorpios. According to the Astrological calendar, people born on November 16th are Scorpios.  Do you believe in astrology and sun signs? Why or why not?November 17 - Theme: International Students Day. Would you ever consider studying in another country? Why or why not?November 20 - Theme:  National Peanut Butter Fudge Day. What food combinations do you think are delicious such as the combination of chocolate and peanut butter?November 21 - Theme:  National Stuffing Day. Stuffing is one of the most traditional foods for a holiday. What are some of the foods you associate with the holidays?November 22 - Theme: National Start Your Own Country Day. Pretend you have decided to start your own country. Give your country a name. Describe what symbols and colors would be on its flag. Finally, write about at least three protections gua ranteed to all citizens. November 23 - Theme: National Espresso Day. What kind(s) of food gives you a boost of energy?November 24 -Theme:  National Native American Heritage Day. What do you know about the Native American tribes who lived in your area? OR Read a Native American myth or folktale. How is this story like or unlike other cultural myths or folktales?November 25 - Theme:  National Parfait Day. Parfaits are desserts created with layers of sweets, but they can serve as a metaphor for someone who has different talents or layers of ability.  What kinds of layers do you have?November 25 - Theme: National Cookie Day. If you are not tired of all the holiday food options in November, then write about your favorite kinds of cookies.November 27 - Theme: Celebrities. If you had the ability to meet one celebrity, who would it be? Why?November 28 - Theme: Red Planet Day. If it was announced that a new colony was being planned on Mars, would you want to join it? Why or why not?November 29 - Theme: King Tut s Tomb Opened. Do you believe that something like the curse of the mummy against those who opened old Egyptian tombs really exists? Why or why not? November 30 - Theme: Dinner Party. If you were going to have a dinner party and could invite five historical figures, who would you choose? Explain why you would invite each one.

The Gold Standard vs. Fiat Money

The Gold Standard vs. Fiat Money An extensive essay on the gold standard on The Encyclopedia of Economics and Liberty defines it as: ...a commitment by participating countries to fix the prices of their domestic currencies in terms of a specified amount of gold. National money and other forms of money (bank deposits and notes) were freely converted into gold at the fixed price. A county under the gold standard would set a price for gold, say $100 an ounce and would buy and sell gold at that price. This effectively sets a value for the currency; in our fictional example, $1 would be worth 1/100th of an ounce of gold. Other precious metals could be used to set a monetary standard; silver standards were common in the 1800s. A combination of the gold and silver standard is known as bimetallism. A Brief History of the Gold Standard If you would like to learn about the history of money in detail, there is an excellent site called A Comparative Chronology of Money which details the important places and dates in monetary history. During most of the 1800s, the United States had a bimetallic system of money;  however, it was essentially on a gold standard as very little silver was traded. A true gold standard came to fruition in 1900 with the passage of the Gold Standard Act. The gold standard effectively came to an end in 1933 when President Franklin D. Roosevelt outlawed private gold ownership. The Bretton Woods System, enacted in 1946 created a system of fixed exchange rates that allowed governments to sell their gold to the United States treasury at the price of $35/ounce: The Bretton Woods system ended on August 15, 1971, when President Richard Nixon ended trading of gold at the fixed price of $35/ounce. At that point for the first time in history, formal links between the major world currencies and real commodities were severed. The gold standard has not been used in any major economy since that time. What system of money do we use today? Almost every country, including the United States, is on a system of fiat money, which the glossary defines as money that is intrinsically useless; is used only as a medium of exchange. The value of money is set by the supply and demand for money and the supply and demand for other goods and services in the economy. The prices for those goods and services, including gold and silver, are allowed to fluctuate based on market forces.   The Benefits and Costs of a Gold Standard The main benefit of a gold standard is that it  ensures  a relatively low level of inflation. In articles such as What Is the Demand for Money? weve seen that inflation is caused by a combination of four factors: The supply of money goes up.The supply of goods goes down.Demand for money goes down.Demand for goods goes up. So long as the supply of gold does not change too quickly, then the supply of money will stay relatively stable. The gold standard prevents a country from printing too much money. If the supply of money rises too fast, then people will exchange money (which has become less scarce) for gold (which has not). If this goes on too long, then the treasury will eventually run out of gold. A gold standard restricts the  Federal Reserve  from enacting policies which significantly alter the growth of the money supply which in turn limits the  inflation rate  of a country. The gold standard also changes the face of the foreign exchange market. If Canada is on the gold standard and has set the price of gold at $100 an ounce, and Mexico is also on the gold standard and set the price of gold at 5000 pesos an ounce, then 1 Canadian Dollar must be worth 50 pesos. The extensive use of gold standards implies a system of fixed exchange rates. If all countries are on a gold standard, there is  then  only one real currency, gold, from which all others derive their value. The stability of the gold standard cause in the foreign exchange market is often cited as one of the benefits of the system. The stability caused by the gold standard is also the biggest drawback in having one.  Exchange rates  are not allowed to respond to changing circumstances in countries. A gold standard severely limits the stabilization policies the Federal Reserve can use. Because of these factors, countries with gold standards tend to have severe economic shocks. Economist  Michael D. Bordo  explains: Because economies under the gold standard were so vulnerable to real and monetary shocks, prices were highly unstable in the short run. A measure of short-term price instability is the coefficient of variation, which is the ratio of the standard deviation of annual percentage changes in the price level to the average annual percentage change. The higher the coefficient of variation, the greater the short-term instability. For the United States between 1879 and 1913, the coefficient was 17.0, which is quite high. Between 1946 and 1990 it was only 0.8. Moreover, because the gold standard gives the government little discretion to use monetary policy, economies on the gold standard are less able to avoid or offset either monetary or real shocks. Real output, therefore, is more variable under the gold standard. The coefficient of variation for real output was 3.5 between 1879 and 1913, and only 1.5 between 1946 and 1990. Not coincidentally, since the government could not have discretion over monetary policy, unemployment was higher during the gold standard. It averaged 6.8 percent in the United States between 1879 and 1913 versus 5.6 percent between 1946 and 1990. So it would appear that the major benefit to the gold standard is that it can prevent long-term inflation in a country. However, as  Brad DeLong  points out: ...if you do not trust a central bank to keep inflation low, why should you trust it to remain on the gold standard for generations? It does not look like the gold standard will make a return to the United States anytime in the foreseeable future.

Employee Relations Essay Example | Topics and Well Written Essays - 3000 words

Employee Relations - Essay Example Employee involvement as well as participation is measured to be equally significant for the reason of attaining organisational objectives along with ensuring the effectual functioning of the organisations (Light, 2004). Human capital has been considered to be an imperative asset since long for every kind of organisations. All the other existing resources are made use of and dealt by the human resources itself. It is in this context that it becomes essential to achieve the involvement and participation of the employed human resources with regard to every sphere of work so as to ensure enhancement in their respective performance as well as attaining satisfaction. The present business environment is considered to be quite competitive as well as turbulent which makes it mandatory for organisations to look for various ways to attain increased adaptability, flexibility and competitiveness (Light, 2004). The research study would aim to provide a lucid understanding regarding the aspects of employee involvement and employee participation along with vividly identifying their key differences. Understanding the Aspect of Employee Relations The aspect of employee relation is perceived as strategic with regard t o the management of the business risk associated with organisations. Employers are learnt to make use of the proficiencies and potentials linked with employee relations. These mentioned proficiencies as well as abilities are regarded by the employers or the organisations to be vital for attaining performance specifications with the help of concentrating on employee participation as well as involvement. The employee relations are supposed to be strategic with regard to the management of business perils that exists both upside and downside risks. Notably, the upside risk refers to the disappointment regarding the failure of displaying or attaining utmost business performance. The downside risk refers to the nonconformity with the rules as well as regulations related to employment (Williams & Smith, 2010). In this regards, Human Resource Management (HRM) is learnt to emphasise on the ways organisations build and encourage employees to attain the superior specifications related to perfo rmance that is considered and believed to be essentially imperative in the present competitive environment. Employee relations can therefore, be stated as the emphasis that is exerted on the broader associations existing among the employer and the employees (Dicker, 2003). Superior degree of employee relations is believed to be the primary essential condition that is required to attain success by the organisations. The methods related to the facet of employee involvement are believed to prove helpful in circumstances where the employees and the management maintain flexibility in their respective behaviour as well as attitudes. It is believed to trigger employee participation accompanied with employee encouragement with the help of mutual agreement. Therefore, it can be deduced from the stated explanation that with the intention to ensure superior and successful employee relations, there need to pertain an environment of dependency and belief (Gennard & Judge, 2005). Concept of Emplo yee Involvement Employee involvement refers to the assortment or series of processes that are devised so as to employ the comprehension, encouragement and the best possible contribution of every individual