A Medium Is Defined As A Major Side Effect On Big Privacy

A medium is defined as â€Å"one of the means or channels of information† (Dictionary.com). In his most famous book Understanding media: The Extensions of Man, Marshall McLuhan said it was the medium itself that shaped and controlled â€Å"the scale and form of human association and action† (1964, p. 9). As an emerging medium, Big Data is pushing us into a new age of compiling and sharing information. It allows us to interpret information in remarkably efficient manners. For example, medical scientists can analyze massive amounts of data using wearable sensors, which could be very helpful for understanding major health problems, such as Parkinson’s disease. However, for full potential to be realized, individuals must embrace a major side effect: Big Privacy. Users must allow for the medical scientists to use the obtained data in any way they want. Big Data will spur a â€Å"Big Privacy Revolution,† which will change the fundamental way in which data and privacy is used. Private information will be used as a resource or means of exchange, and will decrease the digital divide discussed by Milad Doueihi in Digital Cultures (2011). To sustain my argument I should first discredit those who attempt to instill privacy fear over Big Data. President Obama’s request for a privacy review in response to the Edward Snowden revelations has spawned research in new privacy products. These technologies include homomorphic encryption, which allows for computations to be made while still encrypted, andShow MoreRelatedMass Electronic Surveillance is an Invasion of Privacy Essay2474 Words   |  10 PagesIntroduction Privacy is central to our understanding of freedom of expression and thus on a larger scale democracy. Mass surveillance is an invasion of common man’s privacy. Recent development in the way in which technology can invade privacy has heightened the need for greater protection freedom of expression. However, a major problem in this area is that the public are not provided with adequate information to act against such invasion of their rights. To date, there has been little agreementRead MoreInternet Of Things And The Cyber Security6553 Words   |  27 Pagesresearch study, we surveyed a sample of companies to see if they have the Data privacy policies governing them in protecting the data that they collect from very many individuals and companies via the internet of things devices. We go ahead to study the contribution of the lack or presence of these data privacy policies to the cyber security by looking at the trend of cyber security and we look at the relation between the privacy and integrity of handling the private data / information to the cyber securityRead MoreEssay on BIG Brother and the Internet4373 Words   |  18 PagesBIG Brother and the Internet The Internet invention has most certainly opened many doors for a faster, more efficient educational medium. One can find information about almost everything, discussions range from daily issues to highly academic and scientific issues. It has indeed helped this generation to be much more productive and efficient. The vast web of electronic media that connects us is heralding a new age of communications. New digital networks offer a tremendous potential to empowerRead MoreDetecting And Social Media Conversations2036 Words   |  9 Pagesthe real world. After the creation of The WELL (The Whole Earth ‘Lectronic Link) in the year 1985, over 25 social networking, and media websites have been created, the likes of Myspace, Facebook, Twitter, Instagram, and Skype, to mention a few. The major aim of social media is to be able to connect with people from all over the world as well as to be able to learn about new people, cultures, languages, behaviors and so on. Social media has its pros and cons. Pros, as we mentioned, is to bring peopleRead MoreEthics in Retail Industry5435 Words   |  22 Pagesreveals how the organizations are pressurized to create such ethically sustainable image for its customers. Studying various examples, the factors, influencing the ethical practices of an organization, can be related to find out what it takes to be defined as a socially responsible retailer. Finally the inter-relationship of profitability and ethical practices can be established to conclude the performance of retailing industry in terms of ethics and social responsibility. The approaches on ethicalRead MoreThe Role of Social Media in Customer Communication28631 Words   |  115 Pages.............. 55 5 SOCIAL MEDIA IN BUSINESS-TO-BUSINESS COMMUNICATION ....... 58 5.1 Presentation of the empirical study .................................................................. 58 5.2 Characteristics of social media as a communication medium ......................... 59 5.3 Opportunities the social media creates for communication in b-to-b context . 61 5.4 Challenges the social media creates for communication in b-to-b context...... 64 5.5 Social media in relationship building.......Read MoreConsumer Behaviour with Information Technology2778 Words   |  12 PagesThe first major impact of information technology, as we think of it today, was the facilitation of commercial transactions electronically, usually using technology like Electronic Data Interchange (EDI, introduced in the late 1970s) to send commercial documents like purchase orders or invoices electronically. Later, with the development of the internet, the effect of information technology on consumer behavior could be seen in the purchase of goods and services over the World Wide Web viaRead MoreNet Neutrality Research Paper2715 Words   |  11 Pages Introduction The Internet has historically been considered an â€Å"open and free† medium. Currently, Internet users get access to any Web site on an equal basis. Foreign and domestic sites, big corporate home pages and low-traffic blogs all show up on a user’s screen in the same way when their addresses are typed into a browser. (NY Times 2010) Having its beginnings in military and research facilities in the late 1960’s, ARPANET (Advanced Research Projects Agency Network) slowly evolved into whatRead MoreeCommerce Developments and Themes10793 Words   |  44 Pagescommerce ï  ® deepening of e-commerce channel ï  ® Broadband and wireless Internet access ï  ® refined e-commerce business models (→ higher levels of profitability) But at societal level: continued conflict over copyrights, content regulation, taxation, privacy, and Internet fraud and abuse. E-commerce E-business E-commerce involves digitally enabled commercial transactions between and among organizations and individuals → Digitally enabled transactions: all transactions mediated by digital technology Read MoreImpact of E-Commerce in India5599 Words   |  23 Pagesviable too. This would help increase the growth and for this a strong and a stable legal system is required. It is a fact that in liberal and open markets, e-commerce would dominate The other important essential features of electronic commerce are privacy and security. There should be suitable guidelines to establish them to ensure confidence among the players who transact through e-commerce. Today all countries are working to achieve structural reforms in society under the key paradigms of liberalization

High Expectations From Their Family Members And Parents

They grow up with high expectations from their family members and parents. In school, they are expected to be at the top, the number one in their class. Anything below a ninety is failure. â€Å"Education is the key to success† is all they hear, and that becomes a part of them. The pressure many Asian students receive from home and society is back-breaking. It is physically and mentally demanding. There are intimidating voices whispering through our ears, pressuring us to do the best, be the best and remain the best. HVCC is out of the question. We are expected to get into the best schools in the country. What if I don’t want to go to college? Ha! That’s a good one. Even with the high expectations from home, colleges and universities have them too. Especially from students of Asian descent. They expect the hundreds and the nearly perfect SAT scores. Anything less? You will be rejected. It’s wrong. Repulsively wrong. Applying for college ends up being a bat tle between your race and your grades. Colleges shouldn’t expect something more or less from students just because of their race. It’s stereotyping the applicants and because of this, applicants shouldn’t have to identify their race. Similarly, they shouldn’t accept Asian students based on the stereotypical expectations that they should have the higher grades and scores out of the application pool. People often believe that the stereotyping of Asians during the college applications process is a myth, but they are wrong.Show MoreRelatedRisk, Protective Factors And Resiliency1006 Words   |  5 Pagesbecome a meaningful member of the home, school, and community.† There are two types of risk factors; internal and external risk factors. Internal risk factors would be risk factors that are within the own individual; such as having concentration problems, anger problem or having a disability. Internal risk factors only involve the one child and they are built from within the child. Now, external risk factors are those that involve the child’s â€Å"environment conditions such as family, school, and community†;Read MoreExpectation Vs. Reality : Expectation1579 Words   |  7 PagesExpectation vs. Reality Expectation: a belief that someone will or should achieve something. Most parents have expectations for their children to live a successful life, whether that be the CEO of a giant company or just being the captain on the football team, parents overall want their child to grow and be triumphant. Nevertheless, there definitely is a point when the expectations become unrealistic. In fact, some parents have such high expectations, they resort to isolating their kids from anythingRead MoreAnalysis Of Franny And Zooey1062 Words   |  5 PagesThe Glass Family, consisting of seven children and a mother and father, were all a part of a quizzing radio show known as â€Å"It’s a Wise Child†. These seven children, all contributing to the show at some point of their childhood grew up having high expectations, and more often than not, being unable to meet them. In Franny and Zooey, J. D. Salinger portrays how success and fame at a young age has lasting negative effects on children and their families. The now grown kids and elderly parents both haveRead MoreThe Latin Word La Raza949 Words   |  4 Pagesby culture and spiritual beliefs, is translated into the race. This idea of La Raza brings the cultures separated around the world together based on the similar ideas of a great destiny and culture values. 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Teens are also expected to plan for, and have theirRead MoreWhat Are The Experiences Of African-American Male StudentsAcademic Success?1063 Words   |  5 Pagesglanced into the lives and experiences of fourteen African-American undergraduate male students to seek answers to the following questions: (1) What are the experiences of African-American male studentsâ€⠄¢ in California’s public high schools? (2) Are California public high schools and school-based professionals adequately preparing African-American male students’ for post-secondary education options? (3) What kind of barriers, if any, has impacted African-American male students’ academic successRead MoreNew Evolving Technology And Its Effects On Relationships Or Connections Within The Family940 Words   |  4 Pagestelevisions, cell phones, computers and other influential devices, being integrated into our homes and family structures. The inner workings of our family life have changed, and a great deal of those changes revolve around the rise of technology. My Theoretical Perspectives Paper will be revolved around how families use this new evolving technology, and its effects on relationships or connections within the family. In today’s modernized world, I feel that it is important to know the implications, both negativeRead MoreHow Birth Order Affect s Personality798 Words   |  4 Pagesthe first to compare birth rank stereotypes with reality. However, as the authors noted, do these stereotypes induce differences in parents expectations? (Herrera 150) Thus, the stereotype becomes a self-fulfilling prophecy. To examine the premise, I would like to design a research experiment that addresses how birth order affects personality in families that do not adhere to the beliefs in stereotypes for their children. To accomplish this study, I would employ both quantitative and qualitativeRead MoreStudents From Low Income And First Generation797 Words   |  4 PagesStudents from low-income and first generation backgrounds often struggle in different academic subjects. Subsequently, students have lower expectations for themselves when it comes to academic achievement. The majority of first generation students come from low socioeconomic backgrounds. Seeing that, families work countless hours in factories and other places where they are underpaid because of the lack of educational opportunity they experienced themselves. According to Blackwell and Pinder (2014)Read MoreHigh Quality Education Is An Opportunity For Childhood Education920 Words   |  4 PagesHigh quality education is an opportunit y that every child should be able to access. Numerous children have untapped potential that goes unexercised due to educational environments that are not conducive the utmost development of childhood education. In order to create a prosperous environment for childhood education we must first understand what makes high performing schools, learn how to create high performing schools and ultimately promote the motivation and fulfillment of childhood learning

Australian Labour Market Trends-Free-Samples-Myassignmenthelp.com

Question: Write a report to evaluate career opportunities within the current Australian labour market with a specific focus on your target industry (health care). Answer: Introduction: Nursing can be considered one of the most noble professions that provides not only financially secure future, but also provides the opportunity for the professional to have a fulfilling career with job satisfaction and the chance to save lives and provide care and support to the sick and ailing. Hence, it has to be mentioned in this context that the profession of heath care and nursing most importantly, receives a huge competition and it is very important for a graduating nurse to research the options available and the employability trends before deciding on a particular sector (Holmes 2015). Along with that it has to be mentioned as well that for different nations, the international cultural influence is also a very important factor that plays a profound role in the employment sectors. For instance, Australia is a nation with a different national culture and there is a significant impact on the labor market and employability statistics. This assignment will attempt to explore the di fferent factors associated with the labor market of the health care sectors of Australia and how the intercultural trends impact on the labor market of health care. Australian labour market trends: First and foremost, the national and state level employability trends are needed to be checked in order to begin the discussion on the labor market of the nation in the particular sectors. According to the department of employment of the Australian government, the employability of the nation is expected to entertain a hike of 7.8% in the next 5 years (Department of Jobs and Small Business 2018). The predicted rise in the total employment statistics is based entirely on the steady industrial growth that the nation has achieved in the last couple of years. Considering the recent report by the Australian government, from the year of 2015-2016, there has been a reported hike of close to 2% (225000 to 11939600). According to Docs.employment.gov.au. (2018), considering the figures from the growth rate sustained by the national employment statistics in the last ten years, this has been the most notable rise, which is expected to continue. According to the recent report it has to be mentione d that the most important factor behind the notable increase in the employability statistics is generally attributed to infrastructure enhancement and resultant industrial growth. Along with that, it has to be mentioned that for the most part, this increase can also be attributed to part time employment hike among the students and gradating individuals, although it has to be highlighted here that the marked increase in the part time employment also has had a significant impact on the total number of hours worked as well, which has only attained a decent 0.6 % hike (Lmip.gov.au. 2018). According to the critical analysis, it can be mentioned that the growth in the employment sector indicates a paradigm, shift towards the scientific or technical sectors and the service based sectors as well. The youth unemployment rate however is still looming at a 13.2 % as per the data of 2016, and the unemployment rate among the youth has increased 1.2 % in the past year mostly due to part time empl oyment tenure. However, the statistical data indicates at the rising competition in the labor market, preferably in the technical, sceintifc and service based structures (Hajkowicz et al. 2016). Healthcare sectors and occupations: Coming to the health care sector, which is the sector under focus for this assignment, the employment statistics are also very poignant in the Australian demographics. It has to be mentioned in this context that there has been a significant hike in the number of people that have been employed in different sectors within the health care workforce. According to the recent statistics, the total number of people employed in the health care sector is 1663900, including the full time and part time employees. According to the Lmip.gov.au. (2018), the total employment in the health care sector of the Australia represents 13.4 % of the total workforce of the nation. The health care industry of the Australia has been growing tremendously and there has been a significant impact on the demand of health care services as well. With the most remote areas being included under the coverage of the health care services, the need for manpower has increased more than ever. According to the report, there has been a significant 22.1 % increase in the employment in the health care industry (Lawson 2014). Along with that, the earnings of the full time employees in this sector are $1200 without taxes on a per week basis. Hence it can be mentioned that health care industry is a growing industry in the Australian demographics, with great scope for professional growth and sustainability. The most sought after sectors in the health care industry include the posts of registered nurse, aged and disabled carers, and child carers (Lmip.gov.au. 2018). Focusing on the aged sector, it is undoubtedly one of the most sought after sectors for the fresh graduates looking for an opportunity to begin their professional journey on. It has to be mentioned that the aged care service is under tremendous demand in the Australian demographics. The population of the Australia is aging considerably at a high rate nad hence with the critically ill and aging patient population rising every single day, the demand for aged care sectors is rising rapidly. Hence this is one domain that I would like to apply for when I embark on my professional journey. There are a few overlapping designations within this sector, namely the aged or disabled carer, personal care worker or personal carer. The job responsibilities are very similar in all the cases and comprises of providing personal, physical and emotional support to the older people that require assistance with the activities of daily living. A certificate II or III or at least 1 year of relevant experien ce is required to work in this sector and the remuneration details include $679.90 and $799 per week. Coming to the prospects of this health care sector, it can be mentioned that this sector is growing rapidly and in the Australian demographics there are at least close to 163700 workers employed in the aged care sector. And according to the research in the coming 5 years this sectors are going to increase up to 241200. And presently the vacancies in this aged acre sectors are closely 184000 in most parts of the Australia, with lower unemployment rates in this sector, hence it is a considerably promising option (Kryger 2015). The second sector, that is have chosen to pursue is the private health sector, which also a highly demanding service in the health care industry of not just Australia, but the entire globe. The private health care workers provide assistance, support and direct care benefits to disabled patients and critically ill patients in need for daily assistance. This health care sectors also requires a certificate II and certificate III and a year worth experience to start working for a reputed organizations. There are a few designations in this sector like nursing support worker, personal care assistant, and even therapy aide. The pay in this sector on the weekly basis is $900 approximately. The workforce strength in this sector is close to 92700 workers and is expected to increase up to 105900 in the coming five years. The vacancy statistics in these sectors has been estimated to a promising figure of 64000 openings all across Australia. Hence, it is a promising sector as well and promises co nsiderable professional growth in the near future (Lmip.gov.au. 2018). Intercultural challenges: Cultural trends have a significant impact on the professional attitude and dealings as well. And along with that, the impact of the cultural values can be far more overpowering for the students that migrate to different nations for higher employability statistics and better opportunities (Wiewiora et al. 2013). I would like to mention that coming from a different cultural background the westernized culture of Australia has been a slight challenge for me o overcome in my education experience. Now exploring the employment or professional context of the Australian demographics, there is also a significant impact of the basic national culture and principles as well (Pham and Tran 2015). It has to be understood that Australia is a country that has very low power distance and a very approachable or welcoming relationship among the different designations regardless of the powers and position (Abdelkerim and Grace 2012). The professional culture in here is a more of an open door policy where the employees are expected to be confident and sure of them along with having credibility and qualifications. Coming from a more ethnic culture myself, high power distance and a little discomfort is what I have been comfortable with when it comes to professional attitudes. Hence, open culture and the go-getter extrovert attitude expected in the Australian organizational culture can act as a significant challenge for me. Approachability is also very high in the Australian professional culture and there are no certain boundaries to professional attitude (Beer et al. 2016). The work environment in this country is very relaxed and causal with people keeping a very individualistic approach to living. Hence, although the people are helpful and warm, there is a lack of collectivist approach to the lifestyle very little sense of responsibility for people outside of their close knit circles. Hence, starting out my professional journey in this country it can be a significant challenge for me as well as I come from a collectivist social culture (Kosny, Santos and Reid 2017). Apart from that a few common challenges facing the international students while working in the Australian demographics include the language barrier. For a vast variety of students that belong to the different intercultural backgrounds, acculturation with the language spoken and the accent can prove to be a significant challenge as well. Along with that, a vast variety o the Australian patients belong to the indigenous or aboriginal backgrounds (Lu et al. 2014). As I have had no prior interaction with the aboriginal culture and their understanding health, working with native patients can also be a grave change for an international student like me. Lastly, according to the research, it has to be mentioned that the racial discrimination and bullying is a very common occurrence for the international youth that come to either study or start a professional journey in Australia. Hence, for international students acceptability and bullying can be a significant challenge for the most part (Ri enties et al. 2012). Recommendation: From the extensive research that I have carried out for the study, it can be clearly stated that the employment market in the Australian demographics are charming without any doubt. Over the past years, there have been a remarkable improvement in the employability rate and statistics of this country and the increasing growth rates are expected to entertain promising rise in the near future as well. For the health care industry most preferably, there has been a myriad of different opportunities opening up for the aspirants of this field and hence Australian health acre industry undoubtedly is a highly promising professional domain without any conflict. However, for international students like myself there are a few challenges that is needed to be overcome for us to be able to attain excellent job opportunities (Tuckerman et al. 2012). According to the health care industrial reports and panel discussions, employment in this sector depends heavily upon overall credibility, confidence and cultural connections, hence the first recommendation strategy for me as an international student will be to focus on my personal image and confidence to suit the open door policy of this westernized professional culture. I would like to attend cultural safety programs and language assistance to attune myself with the dialect and cultural trends of this country. I would also like to join continuous professional development programs, especially in the cultural competence sectors so that there is maximal chances of my resume being of same weightage as any native candidate (McDermott et al., 2012). A few job searching strategies that I will like to employ will include setting up a detailed and updated Linked in profiles to be able to attract the attention of the most of the reputed aged care and private care sectors. I would like to develop a resume with professional assistance to highlight my skills and key strengths to attract the most attention. As I would like to join a aged care sectors most preferably, I would like to enhance my qualifications and skills as well to have a competitive edge, hence I would join additional vocational aid trainings and aged care support workshops to gain experience and make professional connections along with finding sector specific recruiters. Conclusion: On a conclude note, it can be stated that the Australian labour market is enhancing and enriching very rapidly and there are a thousand different opportunities that are opening in different employment sectors in this nation. Among the different employment sectors, the health care industry can be considered a booming sector with a myriad of opportunities. This report provided a detailed analysis of the job market and employment trends of the health care industry along with the possible intercultural challenges that international students like me can face while establishing a career in the nation. However, with the recommendation strategies outlined the process can be easily simplified and best opportunities can be attained for a marvelous professional future in the land of new opportunitie References: Abdelkerim, A.A. and Grace, M., 2012. Challenges to employment in newly emerging African communities in Australia: A review of the literature.Australian Social Work,65(1), pp.104-119. Beer, A., Bentley, R., Baker, E., Mason, K., Mallett, S., Kavanagh, A. and LaMontagne, T., 2016. Neoliberalism, economic restructuring and policy change: Precarious housing and precarious employment in Australia.Urban studies,53(8), pp.1542-1558. Department of Jobs and Small Business. (2018).Analysis of trends in the Australian labour market. [online] Available at: https://www.jobs.gov.au/annual-report-2016/analysis-trends-australian-labour-market [Accessed 8 Apr. 2018]. Docs.employment.gov.au. (2018).July 2017 Hot Topic: The Labour Market Experience of Recent Migrants | Department of Jobs and Small Business - Document library, Australian Government. [online] Available at: https://docs.employment.gov.au/documents/july-2017-hot-topic-labour-market-experience-recent-migrants [Accessed 8 Apr. 2018]. Hajkowicz, S.A., Reeson, A., Rudd, L., Bratanova, A., Hodgers, L., Mason, C. and Boughen, N., 2016. Tomorrows digitally enabled workforce: Megatrends and scenarios for jobs and employment in Australia over the coming twenty years.Australian Policy Online. Holmes, P., 2015. The cultural stuff around how to talk to people: immigrants' intercultural communication during a pre-employment work-placement.Language and Intercultural Communication,15(1), pp.109-124. Kosny, A., Santos, I. and Reid, A., 2017. Employment in a Land of Opportunity? Immigrants Experiences of Racism and Discrimination in the Australian Workplace.Journal of International Migration and Integration,18(2), pp.483-497. Kryger, T., 2015.Casual employment in Australia: A quick guide. Parliamentary Library. Lawson, C., 2014. International higher education student satisfaction with opportunities for work experience and employment in Australia.Department of Education. https://internationaleducation. gov. au/research/Publications/Documents/Employ ment% 20report. pdf. Lmip.gov.au. (2018).Welcome to the Labour Market Information Portal.. [online] Available at: https://lmip.gov.au/default.aspx?LMIP/GainInsights/IndustryInformation/HealthCareandSocialAssistance [Accessed 8 Apr. 2018]. Lu, S.H., Dear, B.F., Johnston, L., Wootton, B.M. and Titov, N., 2014. An internet survey of emotional health, treatment seeking and barriers to accessing mental health treatment among Chinese-speaking international students in Australia.Counselling Psychology Quarterly,27(1), pp.96-108. McDermott, S. and Edwards, R., 2012. Enabling Self?determination for Older Workers with Intellectual Disabilities in Supported Employment in Australia.Journal of Applied Research in Intellectual Disabilities,25(5), pp.423-432. Pham, L. and Tran, L., 2015. Understanding the symbolic capital of intercultural interactions: A case study of international students in Australia.International Studies in Sociology of Education,25(3), pp.204-224. Rienties, B., Beausaert, S., Grohnert, T., Niemantsverdriet, S. and Kommers, P., 2012. Understanding academic performance of international students: the role of ethnicity, academic and social integration.Higher education,63(6), pp.685-700. Tuckerman, P., Cain, P., Long, B. and Klarkowski, J., 2012. An exploration of trends in open employment in Australia since 1986.Journal of Vocational Rehabilitation,37(3), pp.173-183. Wiewiora, A., Trigunarsyah, B., Murphy, G. and Coffey, V., 2013. Organizational culture and willingness to share knowledge: A competing values perspective in Australian context.International Journal of Project Management,31(8), pp.1163-1174.

Stranger And Meursault Essays - Absurdist Fiction, The Stranger

Stranger And Meursault The way a person reacts to ordinary situations determines the opinions of others based on their behavior. Yet, when this behavior is abnormal or different from the rest of society, it causes society to form an opinion based totally on a person's behavior not their true personality. In Meursault's case, his strange opinions and unexpected remarks put him in this position, without ever really giving him an opportunity to be truly understood. However, Meursault cannot change his actions and behaviors from the past, therefore making him responsible in the society he freely chooses to live in. Meursault's complete indifference to society and human relationships causes him to appear as the actual ?stranger? with those he encounters, which eventually leads to his incarceration and inevitable date with the guillotine. Meursault is definitely a man who is set in his ways. He has his own opinions and outlooks on life and because of that fact he is constantly reminded of his inadequacies within society. His refusal to look at his mother one last time after she had passed away seemed pointless to Meursault at the time, where as the funeral director viewed this as extremely odd: ?We put the cover on, but I'm supposed to unscrew the casket so you can see her.? He was moving toward the casket when I stopped him. He said, ?You don't want to I answered, ?No.? He was quiet, and then I was embarrassed because I felt I shouldn't have said that. He looked at me and then asked, ?Why not but without criticizing, as if he just wanted to know. I said, ?I don't know.? (Camus 6) The difference of opinion between Meursault and all of society, but in this example the funeral director, brought about a feeling of inadequacy to Meursault and an appearance of him as a stranger to society. Alice J. Strange explains his situation perfectly by saying: Holding Meursault to his words, and recognizing the voids they reveal, the reader sees Meursault as the stranger?. (Strange 3) Throughout the novel, these encounters and/or relationships gradually set Meursault aside from society. His encounter with the Arab shows how the presence of other people in his life makes absolutely no impression on him. Taking the Arab's life was something he did as a natural reaction, he pulled the trigger thinking it was justified where as any normal human being would think other wise. Once on trial, Meursault constantly observed the people in the courtroom as if he had no idea of how the rest of society lived. Every thing he saw was new to him and it brought him a feeling of excitement, as if he was enjoying being on trial. Fear only came after his verdict. He didn't even consider his fate early on in the trial because he was in awe of the rest of society; their behaviors and actions were all new to him. In chapter three part two Meursault explained this by saying: Usually people didn't pay much attention to me. It took some doing on my part to understand that I was the cause of all the excitement. I said to the policeman, ?Some crowd!? He told me it was because of the press and he pointed to a group of men at a table just below the jury box. He said, ?That's them.? (83-84) The only thing Meursault is worried about is the press, not the fact that his fate is about to be determined by a group of people that don't even know him. He doesn't even care about death at this point, only how he is excited to see all these new people and be able to watch the court proceedings. Before Meursault's incarceration, he lived a life of desire based on his own satisfaction. His life was completely self-centered and focused on his own physical pleasures. Meursault's obsession with his own desires can be explained by saying that: His contempt for man-made necessities', such as religion, morality, government, is supreme; but his attitude toward natural coercion, hunger, sex, the weather, etc., though less explicit, seems almost equally disdainful. Meursault is a non-participant (Carruth 8-9). He took absolutely no consideration of other's feelings and how his actions affected them. Meursault's love of smoking, eating, drinking, having sex, swimming and being outside, all of which are physical pleasures, are taken to extremes. Take away these and try to imagine what Meursault would be like. He would be practically lifeless because he wouldn't enjoy anything. He is never concerned with what is going

Introduction to Financial Management free essay sample

MGT201 (Financial Management) MGT201 Lecture No. 01 Introduction to Financial Management Learning objectives: The purpose of this lecture is to provide you with an overview of financial management. After finishing this lecture, you would be able to have a better understanding of the following. Definition of financial management Significance of financial management for non-finance students and professionals Important concepts and areas in financial management The position of financial managers in organizational hierarchy and their respective work domains. Different business legal entities, their advantages and limitations. The external and internal business environments and their relevance to financial management. Different types of financial and real assets markets. What is FM? FM is the management of financial resources – how to best find and use investments and financing opportunities in an ever-changing and increasingly complex environment. Why should CS majors study FM? First of all, financial management is a core life skill; almost every one needs to understand some concepts of finance to manage his/her business personal finances. We will write a custom essay sample on Introduction to Financial Management or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It is generally and quite rightfully said, â€Å"Money makes the world go round†. Finance is like a life-blood for a company. Even the best of the companies and CEOs go out of the business because of poor financial management policies. Management Information Systems (MIS) and Information Technology (IT) are just a part of the overall corporate strategy which runs on finances, the major resource. So the computer sciences professionals need to have an understanding of the financial concepts to understand and contribute to the overall corporate strategy. Financial Engineering is an upcoming field that requires people with CS, math/science, and finance background. Financial engineering is the application of engineering methods to finance. One important area of study is the design, analysis, and construction of financial contracts to meet the needs of enterprises. This field is experiencing an increased demand for professionals, especially those who are trained in both the underlying mathematics/computer technologies and finance. Page 1  © Copyright Virtual University of Pakistan MGT201 (Financial Management) Definitions Finance: Finance is the science of managing financial resources in an optimal pattern i. e. the best use of available financial sources. Finance consists of three interrelated areas: 1) Money Capital markets, which deals with securities markets financial institutions. 2) Investments, which focuses on the decisions of both individual and institutional investors as they choose assets for their investment portfolios. 3) Financial Management, or business finance which involves the actual management of firms. Major Areas Concepts of Financial Management Following are some of the important areas and concepts of financial management, which would be discussed in detail in the lectures to come. Analysis of Financial Statements: Analysis of financial statement is one of the most common techniques of financial analysis, in which the financial performance and financial health of a company are analyzed based on its past performance. The following financial statements are used in the analysis process. †¢ Profit Loss Statement or Income Statement Income statement reflects the operating efficiency or profitability of a company as a result of its operations along with the net profit available to the shareholders for a given year (usually one accounting period). This statement provides the analyst with some insight into the financial performance of the company. Balance Sheet Balance Sheet is a snap-shot of an organization’s financial health at a particular time. It shows what assets are owned by the business and the sources of acquiring these assets. Statement of Shareholders’ equity Statement of shareholders’ equity provides the share of the owners in the business. Statement of Cash Flows Statement of cash flows explicitly reflects the cash movement (inflows and outflows) during the operations in an accounting period. o o o Taken together, these statements give an accounting picture of the firm’s operations and financial position. Financial statements report what has actually happened to the assets, earnings, and dividends over the years. The analysis of the information contained in these statements help management of the organization to Page 2  © Copyright Virtual University of Pakistan MGT201 (Financial Management) evaluate the performance and activities of the concern; it also helps the investors and creditors to have an idea of the profitability potential and creditworthiness of the business. Investment Decisions Capital Budgeting: Investment decisions are the most critical as they usually involve huge sums of money and these decisions are likely to bring prosperity or doom to a business. A company’s future income depends on how much investment is made, in what type of assets, and how these assets add to the overall value of the company. Capital budgeting is a term strictly related to investment in fixed assets; here, the term capital refers to the fixed assets that are used in production, while budget is a plan which details projected cash inflows and outflows over some future period. The following concepts and techniques are employed while analyzing investment decisions. o Interest rate formulas o Time Value of Money o Discounted Cash Flows o Net Present Value o Internal Rate of Return Risk Return: Investors, individual or institutional, invest their money with the expectations of earning a return on their investment. While investors wish and attempt to earn maximum return, they are constrained by risk. How the risks and returns are related and how do investors make a choice of their portfolios is important for investment decision making. Following concepts and theories would be discussed while discussing the risk-return choices of the investor: o o o o Uncertainty Risk Portfolio Theory Capital Asset Pricing Model Corporate Financing Capital Structure: When a firm plans to expand, it needs capital or funds. Acquisition of funds is considered to be a primary responsibility of a finance department in an organization. There are numerous ways to acquire funds, i. e. , finances can be raised in the form of debt or equity. The proportion of debt and equity constitutes the capital structure of the firm. Financial experts attempt to find a combination of debt and equity that could increase the overall value of the company, i. e. , they try to find the optimal capital structure. The following concepts would be used to understand how an optimal capital structure could be attained. Cost of Capital Leverage Dividend Policy Page 3  © Copyright Virtual University of Pakistan o o o MGT201 (Financial Management) o Debt Instruments Valuation: Asset or company valuation is important not only for financial managers, but also for creditors and investors. It is important to know the value of the company or its assets to make important financing and investment choices. Different valuation techniques and factors that influence the value of a company or its financial instruments would be discussed in this section. o o o o Share Bond Option Corporate Working Capital Inventory Management: Working capital and inventory management pertains to the effective management of current assets. As we will see, an optimal and effective utilization of working capital and inventory increases the operating efficiency of the firm. International Finance Foreign Exchange: With the increasing importance of international trade and global markets, the role of international finance has increased manifold. In a global environment, the finance managers have more choices pertaining to investing and financing than ever before. However, it is important to understand the implications of working in a global environment, since fluctuations in the currency rates can convert a good financing or investment decision into a bad one. This section of the course would discuss the international financial environment and the financial implications of working in a global environment. Organizational Structure (Who does the FM work? ) Chief Executive Officer (CEO) Chief Financial Officer (CFO) Treasurer Controller Cash Investment Accounts Capital Budgeting Audit Capital Structure Inventory Page 4  © Copyright Virtual University of Pakistan MGT201 (Financial Management) Business Legal Entities †¢ Sole Proprietorship : It is an unincorporated business owned by one individual. Going into a business as a sole proprietor is simple – one merely has to begin business operations. Proprietorship consists of 80%of the total number of businesses worldwide. Advantages: i. ii. iii. It is easily inexpensively formed. It is subject to few government regulations. The business pays no corporate income tax; only personal income tax is paid by the proprietor. Limitations: i. ii. It is difficult for a proprietorship to obtain large sums of capital. The proprietor has unlimited personal liability for the business debts, which can result in losses hat exceed the money invested by him in the business. The life of the business organized as proprietorship is limited to the life of the individual who created it. iii. Partnership: A partnership exists whenever two or more persons associate to conduct a noncorporate business. It could be registered or unregistered. Advantages: i. ii. Limitations: i. ii. iii. iv. Unlimited Liability. Limited life of the organization. Difficulty of transferring ownership. Difficulty of raising large amounts of capital. Low cost involved Ease of formation. Corporation: A corporation is a limited company and a separate legal entity registered by the government. It is separate distinct from its owners managers. It Can be Private Limited Page 5  © Copyright Virtual University of Pakistan MGT201 (Financial Management) (Pvt. Ltd. ) or Public Limited (which may be listed on Stock Exchange). The businesses in the form of corporations control 80% of global sales of products and services. Advantages: i- Unlimited life: A corporation can continue even after the death of its original owners. ii- Easy transferability of ownership interest: Ownership interests can be divided into shares of stock, which in turn can be transferred far more easily than can proprietorship partnership interests. ii- Limited Liability: The liability of the shareholders is limited up to the extent of nominal value of shares held by them. Creditors and banks cannot confiscate personal properties of director shareholders in case of its bankruptcy. Limitations: Double Taxation: Corporate earnings may be subject to double taxation – the earnings of the corporation are taxed at corporate level, and then any earnings paid out as dividends are ta xed again as income to the stockholders. ii. Legal Formalities: Setting up a corporation, and filing many official documents, is more complex and time consuming than for a proprietor ship or a partnership Hybrids (Mixed): Hybrid organizations are specialized types of partnerships, which combine the limited liability advantage of a corporation with the tax advantages of a partnership. S-Type Corporation: S- Type corporations are Limited Liability Corporations without double taxation. In a regular corporation, the company itself is taxed on business profits. In addition, the owners pay individual income tax on money that they draw from the corporation as salaries, bonuses, or dividends. In contrast, in an S corporation, all business profits pass through to the owners, who report them on their personal tax returns (as in sole proprietorships, partnerships, and Limited Liability Companies). The S corporation itself does not pay any income tax, although a co-owned S corporation must file an informational tax return like a partnership or Limited Liability Companies – to tell the tax authorities what each shareholders portion of the corporate income is. i. Page 6  © Copyright Virtual University of Pakistan MGT201 (Financial Management) LLP: Limited Liability Partnership (LLP) is also a form of partnership with allows limited liability to the owners and avoids double taxation. These organizations are similar in many ways to the S Corporations; however, LLPs offer more flexibility and benefits to the owners. PC: Personal Corporations ( PC) or Professional Corporations are generally formed by professionals to protect them against litigations. Professionals like doctors, lawyers and accountants prefer to register their business as Professional Corporations. Balance Sheet – An FM Perspective Page 7  © Copyright Virtual University of Pakistan MGT201 (Financial Management) Internal and External Business Environment Internal Business Environment: Internal environment of business normally consists of the following. i. Finance ii. Marketing iii. Human Resources iv. Operations (Production, Manufacturing) v. Technology vi. Other Functions (Logistics, Communications) External Business Environment: The following business environment factors outside an organization have a profound effect on the functions and operations of an organization. . ii. iii. iv. v. vi. Customers Suppliers Competitors Government/Legal Agencies Regulations Macro Economy/Markets: Technological Revolution Page 8  © Copyright Virtual University of Pakistan MGT201 (Financial Management) An analysis which is used in a business is called SWOT Analysis. SWOT is an acronym where S stands for Strengths W stands for Weaknesses O stands for Opportunities T stands for Threat s Strengths and weaknesses are within an organization, i. e. , they pertain to the internal environment of the organization. Opportunities and threats, on the other hand, pertain to the external environment, i. e. , outside the organization. Financial Markets †¢ Capital Markets: These are the markets for the long term debt corporate stocks. Stock Exchange: A stock exchange is a place where the listed shares, Term finance certificates (TFC) and national investment trust units (NIT) are exchanged and traded between buyers and sellers. Long term bonds: Long term government corporate bonds are also traded in capital markets. Money Markets Money market generally is a market where there is buying and selling of short term liquid debt instruments. (Short term means one year or less). Liquid means something which is easily encashable; an instrument that can be easily exchanged for cash. Following financial instruments are traded in money markets. Short term Bonds o Government of Pakistan: Federal Investment Bonds (FIB), Treasury-Bills (T-Bills) o Private Sector: Corporate Bonds, Debentures Call Money, Inter -bank short-term and overnight lending borrowing Loans, Leases, Insurance policies, Certificate of Deposits (CD’s) Badlah (money lending against shares), Road-side money lenders Page 9  © Copyright Virtual University of Pakistan MGT201 (Financial Management) †¢ Real Assets or Physical Asset Markets Following are the active markets of real and physical assets in Pakistan o o o Cotton Exchange, Gold Market, Kapra Market Property (land, house, apartment, warehouse) Computer hardware, Used Cars, Wheat, Sugar, Vegetables, etc. Page 10  © Copyright Virtual University of Pakistan

What is a History Research Paper

What is a History Research Paper Whats the difference between a history essay and a history research paper? Read here to get the answer. What Is a History Research Paper? A history research paper differs from a common history essay by requiring greater effort while doing background research, organizing structure, reviewing the literature and so on. These factors are actually lying on the surface, but if you dig deeper, you will see at least a dozen other parameters that need to be taken into account. Unlike a simple history essay, which only requires proper structuring and language, research papers on history topics require a more substantial approach, which will be discussed further. Although the topics below are aimed to write a history essay on, they may serve you as good ideas for your research paper topic: 50 Ideas for History Essay Topics General Tips for Writing a History Research Paper 1. Select a topic  that is neither too broad nor too narrow. The pitfalls of either choice are obvious: if the topic is too narrow you will have nothing to research or write about. 2. Present an argument. Your research paper should be designed in such a way that it should give your opponents the chance to ask questions. Your role is substantiating your claim by referring to the background research. The quality of your argumentation will determine the overall success of your paper. 3. Rely on primary information. Your history project should rely on primary sources and thoroughly analyze secondary information. History projects require that you work with primary facts and then interpret them, showing your judgment and analysis. Again, dont forget to back up your claims with facts and research. 4. Think of a title. Think of a good eye-catching title for your paper, it will provoke readers interest in your paper, at least on initial stages. 5. Consider your opposition. You take into account the audience you are writing for and write having your specific audience in mind. 6. Use proper language. Research papers require a use of formal language, dont allow any slang, contractions and also demand that the overall voice of your research paper remains consistently objective throughout the text. Needless to say that your paper should be proofread for errors, should contain no mistyped words and flow nicely. 7. Dont forget formatting structure. The structure and format are generally dictated by the writing format. Depending on whether you have APA, MLA, Chicago or Harvard standards to follow, you should modify your paper accordingly. The writing standard will impact almost everything in your research paper, starting from your cover page and formatting to referencing and the bibliography page. Therefore format should be paid great attention to from the start. Bear in mind the above-mentioned tips to write your research paper on history. If this writing task is too complicated  for you, we are here to assist you. Visit our Order Page for details.

The Energy Crisis in 2050, Global Warming, Renewable Sources of Energy Essay

The Energy Crisis in 2050, Global Warming, Renewable Sources of Energy and Types of Geothermal Energy - Essay Example The researcher states that the crisis determines their survival, collapse or fate of prosperity. Some of the most respected economic, social and political setups have been twisted on their heads. In a sense, entrepreneurship is still the leading economic model. It is now, however, growing radically in response to resource scarcity, demographic trends, ecological impacts, technology plus a host of other reasons. The continuous consumer tradition that was widespread all of the first world has all but fallen. It is now reinstated by the people’s societal need to preserve resources. Although there are still several wealthy individuals around, money is concentrated in the lessening higher class of people. By 2050, customary free-market entrepreneurship is mostly viewed as a wrecked system. In an environmental view, carbon discharges from previous decades remain kept away in storage tanks because of the high carbon tax. This belated reaction will persist to change climate stability and weather patterns, as will the constant destruction of the earth's rainforests, some of which are transitioning from carbon sinks to carbon sources. Almost half of the Amazon rainforest has been destroyed. Global warming refers to the increasing normal temperature of the land and oceans as from the late 19th century as well as its estimated prolongation. As from the early 20th century, the earth standard ground temperature has gone up by about 0.8 Â °C (1.4 Â °F). This is with two-thirds of the growth happening since 1980. Warming of the atmosphere is clear. Scientists are more than 80% sure that nearly all of it is attributable to increasing concentrations of greenhouse gases produced by human actions. Such actions are the burning of fossil fuels and deforestation. These findings are documented by the National Science Academies located in all leading industrialized countries.