Friday, November 15, 2019
Influence of Self-Managed Learning on Lifelong Development
Influence of Self-Managed Learning on Lifelong Development Introduction Self management learning is the only way to know oneself, to develop oneself and to sustain oneself. Days are going very fast and people lagging behind lack of such attributes will not go very fast. So there is a need of self management to grow inner side. Such management abilities determine the present and future condition of an individual either in personal or in professional. LO1: Understanding how self-managed learning can enhance lifelong development 1.1 Evaluation of approaches to self-managed learning Self managed learning is a way individual finds different aspect in learning things, enhancing skills, developing oneself which could lead the society adjustable with the diverse environment. People learn those skills from the surroundings, family, culture and to some extent carrying nature in born. There are many ways to develop one but the thing is that the individual wants himself to be pouring into which dice. Sectors are available and with the interest factor one has to choose the preferable one. Here are some approaches described below: Seminars and Conferences: Seminars and conferences in colleges or universities to be performed or organized by the high professionals. These are the best suited option for anyone to express oneself. The way a seminar goes on is the snapshot of the real world knowledge which is quite absent in text books. Internet: Internet is going through our veins and now-a-days very few people are unaware of the fact of internet using. Internet has brought people an opportunity of distant learning. One sitting before the desktop or laptop may acquire the knowledge level of home and abroad with some clicks. (Micheal, 2008) Social Networking: Social networking has given a new era of people and people in present world are totally getting involved into this. Time spending in social networking may be the source of self managed learning. Facebook, Twitter or else sometimes provide very useful data or information that helps the people to learn the world. Workshops and professional consultancy: Some agencies sometimes create the opportunity for interested people by providing workshops and professional consultancy which to a large extent helps to people become self reliant. 1.2 Proposal of ways in which lifelong learning in personal and professional contexts could be encouraged, using any learning style for this criterion Lifelong learning either in personal or in personal contexts should be concrete and well determined. Some factors are to judge to assess the criterion of becoming self managed learner. This criterion may be SWOT analysis, as it the indicator or assessment of one individual and the easiest way to know oneself in the context of business or personal purpose. Perfect evaluation helps to determine the durability of an individualââ¬â¢s lifelong learning. Strength Good learning skills Determination Hard working Honesty Weakness Control of temper Laziness switching mind absence of perseverance Opportunity Globalization E-learning facility Digitized market Future leader Threat Racial criticism Location disadvantage Absence of proper communication Economic downturn Figure: SWOT Analysis SWOT analysis evaluates oneââ¬â¢s potential or judgment about going to take the advantage or not. This is nevertheless a superb criterion about self managed learning. If anyone can justify the way discussed above properly, undoubtedly he will be able to know his pros and cons and go to right direction. 1.3 Evaluation the benefits of self managed learning to the individual and organization: Self managed learning goes through the dedication of someone. The success rate of any business venture or in personal life is determine how long a person dedicates oneself to learning. Self managed learning helps people improve their some skills. These are: Brainstorming power: Brainstorming is the process which comes through relating many things together. People adopting this by various learning aspects. Ultimately this brainstorming helps people to create a new and innovative idea and helps building the leadership or entrepreneurship skill. Team work skills: Either in personal or in professional lives, every person has to work as a team to achieve the goal. Self managed learning helps to run the team in a right or perfect way. Individuals without the knowledge of self learning face various difficulties to deal with. Here is an opportunity of combining various knowledge in a package. Presentation skills: Presentation preparation has become mandatory in business era. Successful persons are successful is just because of their convincing presentation. Those presentation skills come from inner side which has to be developed with self learning. Communication skills: Those skills are preferred in business world. Business is for people and to satisfy the ultimate customer, the communication techniques have to adopt. These skills are highly demanded when it becomes a matter of product launching affairs. Hurdles breaking: Self learning obviates all hurdles coming towards the venture or in personal life. Learning curve here helps the people to overcome the situation. LO2: Be able to take the responsibility for own personal and professional development 2.1 Evaluation of own current skills and competencies against professional standards and organizational objectives: Objectives of an organization: The purpose of the organization Employee satisfaction to achieve the goals Turning it to profitable one Problem solving elements Customer satisfaction Suppliers availability Inventory availability Innovative idea Retaining the maturity stage in product life cycle Support system Longevity of the business Combining these objectives with personal skills: a) To maintain the customersââ¬â¢ satisfaction level, communication skill is very important b) Supplier retention has to be complied with the knowledge of the absolute market c) Inventory or raw material availability needs the proper knowledge and prediction power d) Product life cycle affairs need some strategy which comes with the vast knowledge skills e) Digitized services comes up with the knowledge of internet surfing f) Innovative ideas and development of new products comes up with the pros and cons of the product changing capacity This is how the personal skills compile with the other factors to set a business objective and leads to a better future. 2.2 Identify own development needs and the activities required to meet them To work in an organization needs much more attention and skills. Practical lives are not written into the books. Working with different scenario and coping difficulties are just affairs of some acquired knowledge. Dealing with organization one needs to have Time management skills Organizing skills Leadership skills Technical skills Technological skills (John, 2003) Skills absence of different persons varies. Those having lack of time management skills have to adopt some completion of tasks measuring time. Those who are not efficient in organizing have to accumulate some affairs already scattered. Individuals lacking leadership skills have to raise their voice boldly in favor of some legal affairs might be of business purpose, social aspects or else. Absence of technical skills need much work to do onto them; this skill comes through various tools like statistical matters, accounting concepts, marketing hurdles etc. Lastly, technological skill is required to cope with the modern era of business, society or culture. 2.3 Identify development opportunities to meet current and future defined need: Development opportunities are always demanded from any class or any group of people. Identifying the current needs and then meet up the requirements when and where needed to rectify is important factor to go forward into professional or personal life. Current needs: Being a student, the time is to standardized oneself in a furnished way. These things donââ¬â¢t end with simple talks, rather it needs much perseverance. Current needs are limited to set the future and develop the humane inside with skills either personal or professional. Future needs: Past is past, present becomes past within a twinkle of eyes and so future is our present. So every person in his personal life or in professional is concerned with the future. To project a plan is always for future. So to make the future whatever design has been made is possible if maintained: Strategically leading needs strategic management Marketing obstacles need SWOT analysis Projected finance needs the cash inflow and outflow projection Preparing account for home and office needs accounting concept Combining all needs organizing skill 2.4 Devising a personal and professional development plan based on identified needs Development plan paves and indicates a man about their present condition and future prospects. Whatever the situation is now, it should not affect the future. And for this development plan has to be designed in a way that sets an entire plan into the mind. The development process should be flexible meeting the requirements needed up to different stages or hierarchy. Some of them are given here as a snapshot: Developing the curriculum vitae as it is the total pros and cons of an individual Learning technical skills to adopt with many tools used in accounting, finance, marketing, management Working on the enhancement communication skill as it is required most in the present era Technological adaptability is needed much at present times as technology is progressing over the night Innovative ideas are to generate to sustain oneself in the market Gathering knowledge from home and abroad to be compatible with the world Using globalization opportunity to make individual compatible Long term planning to design the entire project in pro forma sheet LO3: Be able to implement and continually review own personal and professional development plan 3.1: Discussing the processes and activities required to implement the development plan Individual Development process deals with six steps to be discussed here after: Conducting skills assessment: The two-way interaction process has to be dealt here to develop the plan. No person alone can execute the plan. It needs skill compiling and assessment to accomplish the work. Establishing development objectives: Development objectives deal with the notion ââ¬Å"whatâ⬠. The criterion one has to develop in him/herself is mandatory to recognize the facts. Identifying developmental activities and monitoring strategies: Development activities and work on monitoring on them have been discussed earlier such as seminar, workshop, job rotation, cross training, self development etc. Preparing Individual development Plan: Preparing development plan is needed to be focused on the ground of maintaining the potential of individual. It should be designed in a way that helps to develop the other matters and leads to success. Implementing plan: Implementation of plan has been executed towards the best suited goal. This factor is related with other variables and also dependable on the other variables to fetch it towards the success ratio. Monitoring and revising plan: To sum up, the factor to monitor the entire development plan needs much reviewing. It functions like the control factor of everything. 3.2: Undertake and document development activities as planned Development plan is to be measured based on some relevant factors which initiate: Priority identifies the factors: Critical to oneââ¬â¢s current role Critical to oneââ¬â¢s future role Cost benefit analysis between two time period Activities can constitute the learning variable among the individual and professional stages like seminar, on job training etc. Support describes the need to help achieve the development plan of individual, relates everyone in learning, collaborating and assisting each other. Target and actual dates relates the proposed work t be accomplished and cost benefit analysis regarding the time period of completion. Date Review describes the progress on personal development plan and involves all pros and cons to stand a complete data on the prospect. 3.3 Reflecting critically on own learning against original aims and objectives set in the development Development plan either personal or professional reflects the individual learning in both ways. They are to judge the current scenario and match it with the future prospects. If any error found in completing the factors, the conflicts should be resolved and hence develop the ultimate structure of the plan. Here is an assessment template in which the learning criterion is best judged through self questionnaires procedure. What are the development objectives? Priority What are the original aims of individual based on skills? What support/sources are needed to achieve the objectives? Target date for achieving objectives? Actual date for achieving objectives? Review Date: Figure: Personal Development Plan Questionnaires are to set here to match critically analyses original aims and objectives set earlier. 3.4: Update the development plan based on feedback and evaluation The above set questionnaire pattern shows the way to time to time check up the data needed and acquired. It will be easy to solve the gap between two variables, expected and already acquired. As human skills are not stagnant, it requires frequent update like any software. The experience thus shows the things mentioned. So based on those criterion individual needs to update their criterion and make the future requirements successful by making up to date acquiring process. It will help to: Enjoy the benefits of updating Relevance of knowledge with work Coping up with hurdles Time to time improvement (Jay, 2000) For example, one needs to start up his career with affiliate marketing. She has to acquire knowledge about the available sources where the marketing or promotion can be handled. To know the perfect knowledge she has to go through various stages keeping up to date as per the profession needs. LO4: Be able to demonstrate acquired interpersonal and transferable skills 4.1 Selecting solutions to work-based problem People many a time get frustrated and depressed when faced with challenges. There are ways to sort out the problem. First one is conflict arising and the other one is conflict resolving. These two methods help make a man conflict-friendly and conflict-competent. (Hicks, 1999) There are seven steps to be followed in resolving problem: Identifying the factors Clear about the problems Situation or problems arouse before may be different Realizing interest of all Relating all factor in favor of all Best suited option is when it meets interest of all Communicating others to choose Listing the probable solutions Creativity enhancing through brainstorming Separation of listing and evaluation of the options Evaluation of options available Positive and negative sides figure out Separation of evaluation and selection of options Selecting best suited option so far What the best option is. Any scope of compiling best suited alternatives Documenting the agreements Listing pros and cons though less important issues Agreeing inverse situation, monitoring and cross check Situation may vary, so always prepared for the possible hurdles Monitoring the facts Creation of opportunities and finally implement 4.2 Communicating in a variety of styles and appropriate manner at various levels in the negotiation practice in the class Negotiation is very important element in business world. Those who conduct fair negotiation through his/her personal life; s/he may be able to negotiate in professional life. Negotiation of various styles goes through- Preparation: Preparation of negotiation is the main concern. As much as it is good in preparation, it will be good for designing the plot. The class negotiation is the same case here. Exchanging Information: Information exchange through various medium plays major part here. It combines two people relating the same factors based on the self interest of both parties. Bargaining: Bargaining is the two-way channel and if successful, then moving on to the next step otherwise comes back to the previous stage, bargaining. Closing and commitment: Closing the negotiation based on the fulfillment of interest of both parties is the commitment of going forward. 4.3 Evaluation and usage of effective time management strategies Time management strategy deals with some factors: (Mikolu, 2013) Setting priorities: First setting up the demand the things of a person or a business. It helps set the latter factors. Breaking things down: All issues should be broken down into many segments to deal with all small to small issues. Creating a schedule: Schedule set up is the timing management which helps to focus on the work to be completed part by part. Focusing on quality: Time management does not mean that one sacrifices the quality. It has to be directed by the best quality of service or products. Avoiding distraction: Distracted matter should be resolved and hence the lead got to rectify the affairs regarding the issues. Help from professional: If any matter unsolved, it needs the consultancy of experts and settling down the issues. Conclusion: Self management planning helps set up an individual in the way the career needs. The pros and cons of relating all factors may be justified in building oneââ¬â¢s potential. The possibilities grown up are to deal with these self management planning. REFERENCES BPP. (2013). Business Decission Making Business Essential. BPP Learning Media. Drucker, P. F. Management: Tasks, Responsibilities. Drucker, P. ( 1967). The Effective Executive: The Definitive Guide to Getting the Right Things Done. Glei, J. K. ( 2014). Make Your Mark: The Creatives Guide to Building a Business with Impact. Hicks, T. (1999). The Business Journal of Sonoma/Marin. Institute, P. M. (January 1, 2013). A Guide to the Project Management Body of Knowledge: PMBOK(R) Guide. Jay. ( 2000). How to Write Proposals and Reports That Get Results) Mullins ââ¬â Management and Organisational Behaviour (Pitman Publishing, 1996)
Wednesday, November 13, 2019
Biography of Franklin Delano Roosevelt :: Biographies Presidents American History Essays
Biography of Franklin Delano Roosevelt Franklin Delano Roosevelt was the 32nd President of the United States of America. Roosevelt served longer than any other President did in office. (1933-1945) Franklin was in office for four terms as President. Roosevelt held office during two of the greatest crises in the United States history. These two obstacles are the greatest and most crucial events that our nation has ever faced. First came the Great Depression, which was a stepping stone in Roosevelt's path to the Presidency of the United States. Then came one of the biggest events in the history of the world, which was World War 2. Roosevelt was born at his home, in Hyde Park, New York on January 30, 1882 to James Roosevelt and Sara Delano Roosevelt at 8:45 p.m. He had weighed 10 pounds at birth. It was a difficult delivery, which nearly killed Roosevelt's mother and himself. When he came out he was unconscious at the time and only the mouth to mouth resuscitation continued to keep him alive. Franklin was named after a great-uncle. Roosevelt lived in Hyde Park in his younger years. During the summers he was taken on trips to Europe with his parents. Also spent time on Campobello Island in New Brunswick. Franklin grew up as a protected child. When a child he was with his parents very frequently. He wore dresses until he was 5 years old. Then there was clad in kilts, then finally at 8 years old he began to wear pants. At the age of 8 he finally was able to take his first unsupervised bath. When he was four he was given his first pony, then when he was 11 he was given his own hunting rifle. At the young age of sixteen he was given a 21' sailboat. You could say he lived an ok childhood. In 1887 his father took Roosevelt to the While House where he meet Grover Cleveland. President Cleveland said to Roosevelt "My little man, I am making a strange wish for you. It is that you. It is that your may never be president of the United States." Roosevelt had a great interest in natural history and was a very involved bird watcher. He loved the outdoors. He had always been outside playing with his servants or a few children that lived in the near area. He had become an expert swimmer and a very good sailor.
Sunday, November 10, 2019
Basic Problems of Philosophy
ââ¬Å"Aristotle: He argued for the existence of a divine being, described as the Prime Mover, who is responsible for the unity and purposefulness of nature. God is perfect and therefore the aspiration of all things in the world, because all things desire to share perfection. Other movers exist as wellââ¬âthe intelligent movers of the planets and stars (Aristotle suggested that the number of these is either 55 or 47).The Prime Mover, or God, described by Aristotle is not very suitable for religious purposes, as many later philosophers and theologians have observed.Aristotle limited his ââ¬Å"theology,â⬠however, to what he believed science requires and can establish. â⬠Source: Brumbaugh, Robert S. ââ¬Å"Aristotle. â⬠Microsoft Encarta 206 (DVD). Redmond, WA: Microsoft Corporation, 2005 This falls under problem number one,â⬠What is the ultimate nature of reality, existence or being. â⬠It is not the perfect one for me. Because it just recognizes that t here is a God, who is the Prime Mover. Everything starts from him, the ultimate nature of reality, and existence. But it does not answer the relationship of God with Man or to each and everyone of us.Other Movers are also recognized, and it confuses the proposal, Aristotle mentions the existence of a divine being, and also other intelligent movers. It did not answer how they relate to each other. Just a mere mentioning of their existence, may not be enough. Somehow, there must be a way in determining their existence and most especially to Man. It must be considered that the existence of Man has never reached a Harmonious level. But instead we are always in trouble, such as anger and hunger are everywhere. Codeâ⬠31147726 Basic Problems of Philosophy Page 2Type of order: Research paper Deadline: March 18, 2007 5:35 2. According to Socrates, the principal speaker in The Republic, an ideal state would consist of three classes. The Philosopher-Kings would exercise political power i n the service of justice and wisdom; the soldiers would protect the state as a means of acquiring honor; and the civilian population would provide for the material needs of society. A large part of The Republic is devoted to a detailed presentation of the rigorous intellectual training of future rulers.This section also contains a fundamental analysis of metaphysical and scientific thought. The government of the state acts to enforce the virtue, and consequently the true happiness, of the individual citizen, and an ordrerly and productive public life is the result. Criticizing the doctrines of atheism and materialism, Plato reaffirmed his idealistic position and asserted this belief in the moral government of the universe and the immortality of the soul. Source: ââ¬Å"Republic (literature). â⬠Microsoft Encarta 2006 (DVD). Redmond, WA: Microsoft Corporation, 2005.This is about problem number 2 and three. (3) Ethics, answering such questions as: How do we determine the basis fo r making moral judgments such as, this action was right and that wrong? (4) Logic, answers questions as: How should society be organized? What should be the relationship between the Government and the People? This is almost what we have today, a democratic government. Generally good, as long as the Philosopher-kings will be righteous ( I think this is equivalent to our president and the congress now. ) Because they are in power, or the one who rule. But when they becomeCode: 31147726 Basic Problems of Philosophy Page 3 Type of order: Research paper Deadline: March 18, 2007 5:35 cruel and corrupt, the government or the Republic will be in trouble. Probably this is Platoââ¬â¢s greatest contribution to mankind. This is an exact example of how society should be organized and managed. The relationship between the government and the people, may not be perfect but at least law and order is establish. Because a decent life is offered to ordinary folks and they have a good chance of contr ibuting their talents for a better government and society.Ethics and Logic goes together, in such a way as how the government will deal with its people, there must be moral values and judgment such as to get the support, respect and most of all the trust of the people. That will be a healthy relationship. 3 ââ¬Å"Anselm:Scholastic thought was less interested in discovering new facts and principles than in demonstrating the truth of existing beliefs. Its method was therefore dialectical (based upon logical argument), and its intense concern with the logic of argument led to important developments in logic as well as theology.The Scholastic philosopher Saint Anselm of Canterbury adopted Augustineââ¬â¢s view of the complimentary relation between faith and reason and combined Platonism with Christian theology. Supporting the Platonic theory of ideas, Anselm argued in favor of the separate existence of universals, or common properties of thingsââ¬âthe properties Avicenna had call ed essences. He thus established the position of logical realismââ¬âan assertion that universals and other ideas exist independently of our awareness of themââ¬âon one of the most vigorously disputed issues of medieval philosophy. â⬠Source: Carpenter, Andrew N.ââ¬Å"Western Philosophy. â⬠Code: 31147726 Basic Problems of Philosophy Page 4 Type of order: Research paper Deadline: March 18, 2007 5:35 Microsoft Encarta 2006 (DVD). Redmond, WA: Microsoft Corporation 2005 (2) Epistemology, answering such questions as what does it means to know something? What is the difference between knowledge, belief, faith, absolute certainty and so on? I believe in the separate existence of universals or common properties of things. ââ¬âan assertion that universals and other ideas exist independently of our awareness of them.It is my personal view that knowledge is another thing while faith must be different. Since when talking about knowledge, it starts from the mind and to be implemented physically, so its nature will be more materialistic. While Faith is another thing in a sense that it may not be necessarily materialistic, example is in the belief of God, whom we cannot see nor touch but just the strong belief and faith goes along with it. For me, when considering absolute certainly, it has something to do with our materialism and our materialistic society. Such as, when you throw a stone, it is certain that will go back to the ground, at a certain distance.While faith is more of the mind, never physical. The relationship with belief is that it may not be necessarily logical or scientific but you still believe on it. Faith is beyond reason. 4. ââ¬Å"Aquinas: The subject treated in Aristotleââ¬â¢s Metaphysics (substance, causality, the nature of being, and the existence of God fixed the content of metaphysical speculations for centuries. Among the medieval Scholastic philosophers, metaphysics was known as the ââ¬Å"transphysical scienceâ⬠on the assumption that, by means of it, the scholar Code: 31147726 Basic Problems of Philosophy Page 5Type of order: Research paper Deadline: March 18, 2007 5:35 philosophically could make the transition from the physical and theologians St. Thomas Aquinas declared that the cognition of God, through a casual study of finite sensible beings, was the aim of metaphysics. With the rise of scientific study in the 16th century the reconciliation of science and faith in God became an increasingly important problem. â⬠Source: ââ¬Å"Metaphysicsâ⬠Microsoft Encarta 2006 (DVD). Redmond, WA: Microsoft Corporation, 2005 (2) Epistemology, answering such questions as what does it means to know something?What is the difference between knowledge, belief, faith, absolute certainty and so on? Though, I donââ¬â¢t consider this proposal as the exact points of Aquinas. Because when talking about God, Truly it is not only faith but absolutely about the exact opposite of materialism. So, faith is not enough either, but you shall live with it. And that must be impossible in our materialistic society now. One example is, can you live without money? I stand that God and science are the exact opposite. My proposal is, ââ¬Å"why look for food when the Omnipotent Being already provided us everything.â⬠And when you say, so many are hungryâ⬠¦. blame Yourself, Man or Us. 5. Discartes: The most famous exponent of dualism was the French philosopher Reneââ¬â¢ Descartes, who maintained that body and mind are radically different entities and that they are only fundamental substances in the universe. Dualism, however, does now show how there basic entities are connected. Source: ââ¬Å"Metaphysics. â⬠Microsoft Encarta 2006 (DVD). Redmond, WA: Microsoft Corporation, 2005. Code: 31147726 Basic Problems of Philosophy Page 6Type of order: Research paper Deadline: March 18, 2007 5:35 (1) What is the ultimate nature of reality, existence, or being. (2) Epistemology, answer ing such questions as what does it mean to know something? What is the difference between knowledge, belief, faith absolute certainty and so on? Both of these problems may not be the exact points of Dualism. Since the body, or the physical composition of man is like any material objects. While in the mind, where knowledge and faith resides, it is not material, I mean you cannot see or touch them. And I believe that is the ââ¬Å"True Knowledgeâ⬠.Descartes got it right, that body and mind are radically different entities. I believe that it is not only ideas or anything else which comes out of the mind, because it is a lot more. Such as no matter how scientist work for years to duplicate the human brain, I believe it is a useless endeavor because success is impossible. Because God is deep within us, and nobody could copy our Creator, the Omnipotent Being. You may create duplicates, but it is only physically and never the inside, because the Truth is in thereâ⬠¦and it is not m ade of anything material. 6. Lucretius:He is an exponent of Classical Materialism.There are other more recent schools of metaphysics, which also versions of materialism. Although classical materialism seems at times naive in its scientific outlook, it is not altogether out of date. Classical Materialism is the standard variety of atomic materialism- the view that all that exist if composed of matter, matter is constituted by combination or juxtapositions of ultimate particles, which are called atoms and are solid, indestructible, ever-lasting, and Code: 31147726 Basic Problems of Philosophy Page 7Type of order: Research paper Deadline: March 18, 2007 5:35 indivisible; and-for Lucretius-all there is in the universe is just matter, and empty space or vacuity. (1) What is the ultimate nature of reality, existence, or being? If Lucretius call it as Classical Materialism, I believe that is the same thing with the nature of reality, existence, or being. Since the Truth must be indestructi ble, ever-lasting and indivisible. But I wonder why he called it as Classical Materialism, since it might be the exact opposite of materialism. Because a wooden chair.Will have the atoms of a wood and no longer a chair, same thing also with a chair made of steel. And the human body after all is composed of its smallest parts the atoms of water? And who put them together to become what we are now, a human being. My answer is the Energy coming from a divine source, the Creator. Who knows absolutely and exactly who we are, male or female. Is it the same energy that binds this smallest particles together to form a certain entity, is the atoms we know today the smallest or is there something else much smaller than the atoms.Such that, it is not these atoms which matter but the energy that will combine or bind them together to create objects or materials. What is that energy all about. Where it came from, I believe it is an energy coming from an Omnipotent Being Lucretius only mentioned a bout the atoms, but matter cannot be formed with a single atom, it must be more than one and bound together at a certain energy. And what kind of energy is it, is it inherent between the atoms combining together. But I believe that energy comes from an Omnipotent Being and not from anything else.
Friday, November 8, 2019
Securities Paredes3 03 Essay
Securities Paredes3 03 Essay Securities Paredes3 03 Essay SECURITIES REGULATION OUTLINE PART ONE: RAISING CAPITAL I. SECURITIES REGULATION OVERVIEW A. Goals of Securities Regulation: The goals of securities market focus on the issuance of securities. These laws are all about disclosure. Investors need information. They are not able to kick the tires or to squeeze the fruit to test the product. So they need to make an informed decision when buying the product ââ¬â a future stream of earnings. Nearly 84 million Americans (43.6%) of the US own some sort of stock. Institutional (pension funds, mutual funds, commercial banks, insurance companies) own the rest. 1) Assuring Informed Investor Decision-Making & Consumer Protection: Investors need to trust that the company they are investing in is doing the right thing. Securities laws instill trust because the disclosure of information will mean that the investor can be confident in the company. The investor knows that that there are protective measures and legal recourse. However: this can also lead to complacency. Ex. Enron: Thus investors not confident when laws not enf orced. Enronââ¬â¢s forms hadnââ¬â¢t been looked at in 3 years. 2) Allocative Efficiency: We want to ensure that stocks and other securities are priced accurately according to their true objective value. So long as the information that the regulations require is processed appropriately on the market, capital will flow to productive uses. The higher the value, the higher the price of the security and vice versa. We donââ¬â¢t want money being spent in places it shouldnââ¬â¢t be. However, corporations may restrict the outflow of information to prevent later liability actions. 3) Corporate Governance and Agency Costs: Sometimes agent/corporate interests will diverge from shareholder interest. Securities regulation mitigates these concerns, telling corporate managers donââ¬â¢t cook your books or stock will go down. Brandeis: ââ¬Å"Sunlight is the best of disinfectants.â⬠4) Economic Growth, Innovation, Access to Capital: We want companies to be able to expand and grow. Securities regulation ensure that investors will feel confident about investing and then companies can get capital, expand, grow. A securities-centered economy like the US encourages entrepreneurial ventures. A banking-centered economy like Europeââ¬â¢s encourages firms dominance and corporate consolidation. 5) The Market for Lemons: Investors need to know which companies are lemons, which arenââ¬â¢t. Rigorous scheme of securities regulation allows the non-lemons to signal to market that theyââ¬â¢re not lemons and thus investors wonââ¬â¢t be afraid of investing. B. Overview of the Financial Markets: The securities markets are a subset of the many financial markets. There are non-securities markets (bank loans, treasury bills, CDs and commercial paper) and equity markets. The decision of which market for a company to enter is based upon the cost of capital in the particular market, the time necessary to effect a transaction, and regulatory supervision. When a financial product is considered a security, the breadth of the securities laws applies. C. The Equity Markets: 1) The Trading Markets: a) The Primary Market: The primary market is issuer transactions sold to investors. b) The Secondary Market: The secondary market are trading transactions between investors, done on NYSE, NASDAQ, Electronic Communications Markets. D. Regulatory Framework: 1) The SEC: The Securities & Exchange Commission is an independent administrative body charged with the administration of the securities laws. Subject to the Administrative Procedure Act, thus there are open meetings, advance notice of regulatory changes, opportunities for interested parties to comment. Very New Dealesque. Maintains EDGAR (Electronic Data Gathering, Analysis and Retrieval). a) The Composition: One Chairman and four commissioners. Each commissioner has a five-year term, staggered, no more than three can be from the same party. b) The Divisions:
Wednesday, November 6, 2019
Hell-bent and Hell-for-leather
Hell-bent and Hell-for-leather Hell-bent and Hell-for-leather Hell-bent and Hell-for-leather By Maeve Maddox A reader has asked about the expression hell-bent for leather. The expression fuses ââ¬Å"hell-bentâ⬠with another expression, ââ¬Å"hell-for-leather.â⬠The bent in hell-bent is the past participle of the verb to bend, a word with at least 23 definitions in the OED. To be ââ¬Å"bent on somethingâ⬠is to be determined to do a specific thing. Ex. He was bent upon becoming Prime Minister. She was bent on proving him wrong. One of the meanings of ââ¬Å"to bendâ⬠is ââ¬Å"to go in a certain direction.â⬠Literally, then, to be ââ¬Å"hell-bentâ⬠would mean ââ¬Å"going in the direction of hell.â⬠The way we use it, to be ââ¬Å"hell-bent on somethingâ⬠means to be wholeheartedly determined to get something done. The OED gives these citations: 1731 Ab-origines in Arms..did then resort, In Haste to Susquehanna Fort, Hell bent on Thoughts of Massacree. 1835 A large encampment of savages,..ââ¬Ëhell-bent on carnageââ¬â¢. 1891The state of Texas, or at least its legislature, went hell-bent for the reform of railroads. The OED defines ââ¬Å"hell-bentâ⬠as both adjective and adverb: hell-bent: adj.à à à Usually in predicative use, with on, upon, or infinitive. Determined to achieve something at all costs; passionately or recklessly intent. hell-bent: adv.à à In a hell-bent manner; with no effort or resources spared; all out, wholeheartedly, totally; determinedly, doggedly. The expression hell-for-leather means at ââ¬Å"breakneck speed, very fastâ⬠and was originally used with reference to riding on horseback. It may have originated with Kipling. The earliest citation in the OED is from an 1889 Kipling story, ââ¬Å"The Valley of the Shadow.â⬠CAPT. M. (Jealously) Then dont say it! Leave him alone. Its not bad enough to croak over. Here, Gaddy, take the chit to Bingle and ride hell-for-leather. Itll do you good. I cant go. JUNIOR CHAPLAIN. (Flicking M.s charger.) Thatll do, thanks. Turn in, Gadsby, and Ill bring Bingle backahemhell-for-leather. The fused expression hell-bent for leather (1926) is apparently an American coinage that fuses hell-bent with hell-for-leather and means ââ¬Å"recklessly fast.â⬠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 Expressions category, check our popular posts, or choose a related post below:36 Adjectives Describing Light3 Cases of Complicated Hyphenation10 Functions of the Comma
Monday, November 4, 2019
Leadership in Ambulance Services Term Paper Example | Topics and Well Written Essays - 3000 words - 5
Leadership in Ambulance Services - Term Paper Example It needs to exercise discretion when transferring patients to primary trusts or hospitals across the City of London because it is one of the parties responsible for overcrowding in health institutions. It is a known fact that demand for LAS service fluctuates between seasons. Sometimes the institution may be overwhelmed with calls from various parts of the City. It is tempting for employees to simply follow the usual routine when dealing with rising demand. This creates a backlog in corresponding hospitals. Workers need to think of new ways to deal with overwhelming demand. Additionally, funding for acute services from the NHS has been reducing dramatically over the past few years. Therefore, the LAS cannot respond to this issue by using resource-intensive approaches. It is only possible to minimize patient waiting times at hospitals and other partner institutions through alternative methods of response. One such strategy is the Clinical Telephone Advice method, which will be the focus of this change management process (Snooks et. al., 2004). In order to ensure that members of the ambulance service understand the implications of this problem, they will be told about it by their respective supervisors. Each leader will be responsible for ensuring that employees understand why the status quo cannot prevail. They are likely to understand the implications of this when they realize that they are doing too much already. Workers will welcome the opportunity to reduce the backlog in corresponding health institutions through this approach. Furthermore, senior leaders will also be expected to demonstrate the same urgency by pointing out the need for alternate methods of response.Ã It is not possible to lead this change process alone. As a leader, one cannot develop the vision for change single-handedly.
Friday, November 1, 2019
Security Practitioners Essay Example | Topics and Well Written Essays - 750 words
Security Practitioners - Essay Example The whole procedure of software/application development is usually guided by a systematic software/application developing method that includes the following phases. The first step is evaluating the weaknesses of the existing software by interviewing the users; the second phase is where the new system is defined which takes care of the deficiencies in the old model. The third phase involves designing of the proposed system, in this phase, strategies are put in place regarding the physical development, hardware, operating system, programming, communication and security matters, the fourth phase is the development of the new software, in this phase, the users are also trained on its use. In addition its performance capabilities are also tested, if need be, adjustments are made at this stage. The next phase is putting the software into use where it can be phased in by gradually removing the old system or removing the old system at once and replacing it with the new system. ... This forms the basis of handling future projects whereby the background knowledge endowed to the students (what they learnt at school) is fundamental in enhancing their skills. A major challenge through this form of learning is that the security part, which is very critical in any software, is usually left to the professional to handle it therefore denying software development learners a chance to have an intensive hands on experience in software security. Software developer training and learning involves certification in SAS certified base programmer and SAS certified advanced programmer which are very important especially to programmers who deal with business applications and software. The other relevant certifications include Siebel, Oracle and Microsoft (McGraw, 82). Due to the rise in cybercrimes, it is vital for security training to be undertaken to ensure that all the information is safeguarded. To enhance security, IP filtering is necessary to ensure that specific information is only available at restricted areas; the students should b taught on the same though practical lesson by working alongside professionals while undertaking such assignments. Software developers learning has not been much concerned about the security of the applications that they make since their training involves creating applications with little attention to security issues of the software. This can be explained by the fact that the curriculum that is used in formal training institutions was made when there were few security threats therefore it did not put into account training in security. However, with increased security concerns, there has been a change in the tread with most software
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