Code of Ethics Comparison Essay

Contrasts and likenesses were portrayed in the Code of Ethics of the American Counseling Association and the American Association of Christian Counselors. The two codes are practically identical from multiple points of view. The American Association of Christian Counselors center around the Christian perspective and the American Counseling Association depends on world perspectives. Understand that guides ought not force their own qualities on customers, anyway religion essentially comprise of convictions that people adjust and practice. All advocates ought to stay inconspicuous when offering types of assistance customers and permit them to settle on the choice in the event that they decide to embrace a specific worth or strict conviction to assist them with adapting to life. The general likenesses of the ethic codes American Counseling Association and American Association of Christian Counselors comprises of giving assistance to customers who are in an emergency circumstance. As per the content, The ACA and AACC codes both empower customer development and improvement which cultivates sound connections. The two of them look to stay away from mischief and individual qualities while helping customers. The two of them illuminate customers regarding educated assent and secure customers to acquire their trust with the goal that they can make a progressing organization, by looking after classification. The two of them think that its imperative to keep up trust in attention to affectability with respect to social decent variety. Both ACA and AACC regard the privileges of protection of their customers (Corey, G, Corey M and Callanan, 2011, pg. 94). I feel it is fundamental for all advisors to comprehend a client’s social foundation, strict conviction and qualities to viably give proper consideration when deciding. This data will permit advocates to settle on better educated choices and construct a more grounded organization. As indicated by the content, both ACA and AACC keep up records to guarantee customers are given the best assistance which permits the instructor to keep up a congruity record for future meetings (Corey, G, Corey M and Callanan, 2011, pg. 173). The distinctions in the two morals codes comprise of the accompanying: According to the American Association of Christian Counselors (AACC) crucial to carry respect to Jesus Christ and his congregation, advance greatness in Christian guiding, and carry solidarity to Christian instructors. A progressively point by point and conduct explicit moral code is required for Christian instructors basically in view of awkward administrations among Christian advisors, unprotected lawful status, and the imperativeness and developing development of Christian directing. This code shows four floods of impact which incorporate the book of scriptures; norms of Christian guiding and the built up psychological well-being disciplines; Christian and emotional wellness callings; current and creating gauges got from emotional well-being and service related law. As per the content, Christian advisors ought to keep up the best expectations of ability with trustworthiness. Christian advocates are seen honest, instructed, and experienced. Christian instructors don't affront other expert advocates, emotional well-being experts (Clinton and Ohlschlager, 2012, pg. 264). Contrasting and balance obligations with customer and to the Profession According to the American Association of Christian Counselors, Christian advocates will ensure customers and do no mischief which is the principal rule of expert ecclesiastical moral direct. Christian advocates will communicate a caring consideration to any customer, administration asking individual, or anybody experienced over the span of training or service, regardless of race, ethnicity, sex sexual conduct or direction, financial status, instruction, category, conviction framework, values or political alliance. Christian guides recognize that customer clashes are unavoidable. Christian advocates make legitimate move against the destructive conduct of different advisors and ministers. Customers will be secured against damage and risk any place it is found. Christian instructors will not approve or advocate for premature birth and the fetus removal related exercises of customers. All advisors will consider and educate customers regarding elective intends to fetus removal and to the extent it is conceivable, will keep on serving customers and work sympathetically with them through the premature birth emergency. As indicated by the American Association of Christian Counselors, Compared to different experts, Christian guides will not excuse or backer for the quest for or dynamic contribution in gay, transgendered, and cross-dressing conduct, and in the appropriation gay and lesbian and transgendered ways of life by customers. Christian guides won't advocate for or bolster customers who wish to kick the bucket because of clinical reasons, or bolster the utilization of medications to be used to end a real existence. The passing of a patient may happen be that as it may, starting activity to end a critically ill patient’s torment is exploitative. As indicated by the American Association of Christian Counselors, Christian advocates don't give directing to close family or companions because of the irreconcilable situation. They assume that double relations with other relatives, colleagues, and intimate, club, affiliation, or gathering individuals are conceivably problematic and best stayed away from. In many cases, loved ones may get outraged when offering proficient help. Christian advocates alongside different guides will make sure about customer assent for all directing and related administrations. This may incorporate video/sound taping of customer meetings, the utilization of administrative and consultative assistance, the use of extraordinary methods and assessments, and the correspondence of customer information. As per the content, Christian advocates may allude customers who are past their capacity or extent of training or when meeting is improper, inaccessible, or fruitless. Referrals ought to be facilitated after the customer is given educated decisions regarding referrals (Clinton and Ohlschlager, 2012, pg. 264). As indicated by the American Association of Christian Counselors, Christian guides are energized, past their charge plan, to make a segment of their time and administrations accessible without cost or at significantly diminished expense to the individuals who can't pay. Then again, guides may not offer types of assistance to customers without some type of installment. In many cases, Christian instructors appreciate what they do and may stay away from money related practices that could bring about avarice. Christian instructors feel negative toward high charges and delayed treatment for fiscal additions. As indicated by the content, Christian guides don't retain administrations to anybody of an alternate confidence, religion, section, or worth framework. It is fundamental for Christian guides as ell as different instructors to comprehend the client’s conviction framework and social foundation so as to give the most ideal consideration (Clinton and Ohlschlager, 2012, pg. 273). Christian advocates ought not force their own qualities anyway support the client’s values in an expert way. Understand that Christian instructors don't forsake customers. Administrations ought to never unexpectedly end without adequate notification and legitimate notice for end or referral.

Define the concepts of altruism Essay Example for Free

Characterize the ideas of selflessness Essay Selflessness is characterized as a caring concern or represent the government assistance and great of others.â A benevolent individual isn't inspired to do great as a result of remuneration or duty.â A simply charitable individual gives without thought to advantages, prize or acknowledgment.  â â â â â â â â â â Autonomy in the general sense is a people ability to settle on objective choices without pressure from any quarter.â In the ethical sense, self-rule is the premise of a people moral obligation regarding his activities.  â â â â â â â â â â Human respect alludes to a people condition of trustworthiness, exemplary nature and ethicalness.  In another point of view, human poise implies the characteristic right of individuals to be agreed unqualified regard without respect for his sexual orientation, race, status, and political tendencies.  â â â â â â â â â â Integrity is an idea that alludes to a people consistency in getting things done and in his standards. Individuals with trustworthiness act as per their convictions and worth framework.  â â â â â â â â â â Social equity is an application, instead of organization, of equity in all aspects of society.â When there is social equity, each citizen is reasonably and impartially treated and gets a considerable amount of cultural advantages. Depict how each worth effects the act of an expert medical attendant. An expert medical attendant ought to have an inherent need to help without thought for reward.â By applying unselfishness to the training, the medical attendant improves as a guardian who genuinely thinks about the prosperity of the patient.  â â â â â â â â â â Autonomy impacts the expert medical attendant as in he is answerable for the life of his patients.â He must be alert and cautious in playing out his undertakings since it is his ethical commitment to ensure the patients life isn't jeopardized in light of errors.â The medical caretaker must be skillful in surveying and performing quiet consideration utilizing information and expert aptitude.  â â â â â â â â â â Human pride influences an expert medical attendant since he needs to regard his patients regardless of who he is.â at the end of the day, the medical caretaker can't victimize any patient.  â â â â â â â â â â In the nursing calling, a medical caretaker with honesty acts and plays out his obligations in understanding to measures and morals and he doesn't flounder in his obligations.  â â â â â â â â â â Social equity requires the expert medical caretaker to do his support of each individual from society.â In a similar way, the attendant is required to treat the entirety of his patients decently and evenhandedly as individuals from network. Talk about how understudy shows esteems recorded previously.  â â â â â â â â â â An understudy must examination nursing not on account of the apparent budgetary rewards or professional stability in the future.â He should contemplate nursing since it his most prominent want to do great.  â â â â â â â â â â Autonomy is appeared by an understudy when he shows duty regarding his studies.â He doesn't let his companions pressure him into doing exercises that are not viewed as good and legitimate.  â â â â â â â â â â Human poise is exhibited by an understudy when he shows regard for the entirety of his colleagues, instructors, and others he comes in contact with.â He doesn't engage musings of being socially better or sub-par compared to anybody.  â â â â â â â â â â An understudy of uprightness does his coursework reliably and responsibly.â He doesn't play hooky and doesn't perform irresolutely in class.  â â â â â â â â â â Social equity is relevant to an understudy by not impeding different understudies to have the benefit of education.â This could mean, avoiding harassing acts and different demonstrations of hostility towards different understudies. References Morgan, S.H. (2007, September 27).â The Forces of Magnetism: Core Characteristics to Achieve  â â â â â â â â â â Magnet Recognition.â Medscape Online.â Retrieved September 26, 2008, from  â â â â â â â â â â http://www.medscape.com/viewarticle/562944?src=rss Nermin, E., Altun, I. (1998).â Professional and Personal Values of Nursing in Turkey.â Eubios  â â â â â â â â â â Journal of Asian and International Bioethics, 8, 72-75. National University.â (2008).â Professional Nursing Values.â Retrieved September 26, 2008, from  â â â â â â â â â â http://www.nu.edu/LIBRARY/Reserve/nsg310.html

Resolve to Write More This Year 5 Important Articles About Writing

Resolve to Write More This Year 5 Important Articles About Writing For a long time I was an aspiring writer. Which means I didnt write much. Sure, I aspired as hard as I could, and yet my quill produced nary a paragraph. Of course once I got serious, I stopped aspiring and started writing. Perhaps you, too, aspire too much, write too little. If so, then maybe this is the year to  get serious. Here are five articles Ive written about writing to help inspire that change. 1. How to Improve Your Writing: 3 Tips. The three most important tips Ive learned about writing over the years. 2.  Create Your Masterpiece, a 16-Step Guide. I wrote this essay with my friend Julien Smith, the New York Timesâ€"bestselling author of  Trust Agents. 3.  Making Money as a Writer Is a Curious Thing. In this  interview from Micropublisher magazine, I discuss earning a living as a full-time writer. 4.  Steal This Blog Post. Thoughts on copyrights in the digital age. 5. How to Publish an Indie Book. A six-part, in-depth essay/podcast series that Colin Wright and I created to help people follow our publishing recipe. Bonus: 20 Recommendations for Your Blog. Blogging is perhaps the fastest way to improve your writing and gain a readership. These 20 lessons can help you start blogging in a meaningful way.  Piece of cake. For more free writing tips, follow my How to Write Better tips on Facebook and Twitter. Also, if you’re interested in taking a deeper dive, I teach an online writing class called How to Write Better. During my tenure, I’ve taught hundreds of students how to improve their writing (testimonials). Subscribe to The Minimalists via email.

The United States And Japanese Economies - 1583 Words

A Leading Indicators Comparison of the United States and Japanese Economies The United States has for more than a century maintained the largest economy in the world. Japan, on the other hand, currently has the third largest economy in the world (according to some estimates) after realizing incredible growth since the damage and ruin it experienced during World War II (BBC, 2015). This essay compares and contrasts the current economies of the United States and Japan in terms of three leading economic indicators: real Gross Domestic Product (GDP), inflation, and unemployment. While some similarities exist between the two economies this comparison will highlight what the differences mean in terms of economic health for the two countries. Real GDP (Gross Domestic Product) One of the most comprehensive measurements of the health and well-being of a country’s economy is considered real GDP (AIAA, 2003). Real GDP is defined as the â€Å"value of the entire output produced annually within a country’s boundaries, adjusted for price changes† (Arnold, 2011, p. 145). According to the American Association of Individual Investors (AIAA), (2003), real GDP indicates â€Å"how fast [a country’s] profits may grow and the expected return on capital† (p. 14). A country’s actual GDP can increase or decrease due to changes in inflation, so since real GDP is adjusted for changes in price, it is a truer measurement for comparison purposes. To present an apples to apples comparison, this section willShow MoreRelatedEconomic Growth Of Post War Japan1361 Words   |  6 Pagesand reconstruct their economy. It is revealed that the Japanese economy was on its way to recovery, which received a rapid development since the war, and t he reconstruction of Japan had spent less than forty years to become the world’s second largest economy in the 1980s. 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Acc 561- Week 4 - 1573 Words

Larson Inc. must consider the alternative economic futures for their industry. In any market, economic conditions will change over time. The company must be able to adapt and change with the economy to remain successful. The company needs to find solutions for the changing economy to keep increasing their revenue and decreasing their costs. The economy may go through a recession, expansion and peaks over their years in business. Larson, Inc. needs to analyze the difference scenarios and determine the best course of action for each type of economic future. Also, the company must consider the economy’s stage in the business cycle to make well-informed decisions. Economic projections The business cycle will have continual change†¦show more content†¦should engage in perfect price discrimination, because the monopolist practicing perfect price discrimination will produce a larger output than the monopolist that doesnt (McConnell 2009). 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Another benefit to an expanding economy is the likelihood that slower markets such as recreational electronics will likely grow. Research and development teams should begin to incorporate technology aimed at personal gaming devices, personal readers, and digital video recording devices. This will allow Larson Inc. to offer a technologically advanced battery that meets theShow MoreRelatedAcc 561 Week 4716 Words   |  3 PagesWeek 4: Costing Methods The week four individual paper addresses the implementation of Activity Based Costing (ABC) by Super Bakery, Inc., a virtual corporation founded by Franco Harris. Specifically, management strategies, the reasoning behind an ABC system, and the alternatives of a job order cost system or a process order cost system are assessed for this enterprise. 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E-Business Paper Free Essays

E-Business Paper Jim Jones ACC/340 Joyce Williams December 3, 2012 ? Barnes Noble has functioned well as a brick and mortar store since its inception. The company has developed over the years by adopting new products and keeping up with e-commerce as it has started develop. The company has been able to keep up with changes in the economy due to the development of the internet and e-commerce. We will write a custom essay sample on E-Business Paper or any similar topic only for you Order Now We will examine how e-commerce has affected how the world around has changed. E-commerce has taken affect on how supply and demand functions in markets. Price is a bigger point on an online purchase than it is in brick and mortar stores. It is much easier for customers to search for a product and the cost of them doing their research is greatly decreased. A customer is able to see all or most of the products that are available and are easily able to compare them side-by-side. Many retailers do not have brand recognition. This is due to the somewhat high turn around in the internet business along with newer existence of e-commerce. Online stores may not be able to exist in markets that have high demand products where the consumers want the product now. For this reason, there are not many online markets for perishable products. This is due to the delay because of shipping needs to occur and the high cost of immediate shipping. There is a lower cost for e-commerce because you have less overhead and you do not need to go through a middle man to get your product. Many internet stores will sell to customers that live nowhere near their physical location. This allows a company to break into a whole new audience that they would not have been able to develop with just one physical store. A deterrent for using an online store is the time it takes to get a product after it has been ordered. Most physical items that can be delivered through an online store are also available at a brick and mortar store. Consumers will weigh the opportunity cost of waiting to determine if it is worth the wait. For this reason, some brick and mortar stores can justify higher prices for high demand products. A risk that some businesses run into is their consumers’ personal information. There is an extra cost the secure their consumers’ information. Information like an address or a consumer’s social security number may be stored in the online system so it is important to protect this information. A large benefit from using a business through e-commerce is that there is a lower distribution cost. This often occurs because certain areas of the supply chain have been removed. The development of the internet has made it much easier to track trends. This means that there are fewer inventories that need to be maintained because we can easily determine when certain products will be bought. Since there is already a delay because of shipping times, it is less of a problem when something is out of stock versus a brick and mortar store. (Lieber, 2011) Barnes Noble has been able to keep up with its main competitors Amazon and Google by investing in its Nook e-business and developing an online store for physical books and e-books. Over the second quarter in 2012, Barnes Nobles’ â€Å"digital content revenue grew 38 percent during the second quarter, but that was down from a 46 percent increase in the fiscal first quarter. † (Anderson, 2012) Despite the shortcomings of the most recent fiscal quarter, the overall stock for Barnes Noble has increased by 11 percent throughout the past year. Barnes Nobles’ e-business continues to be challenged by the further development of Apple’s iPad Mini, new Amazon Kindles and Google’s Nexus tablet. Barnes Noble has done fairly well to keep up with the e-business competition and has only lost 3 percent in revenue from brick and mortar stores. (Anderson, 2012) Where Barnes Noble falls short is their lack of apps for their tablets. Some of the other tablets are selling better because they are multi-functional whereas the Nook primarily functions to read books and magazines. Barnes Noble has done well to keep up with the competition and maintain a viable stronghold in the bookstore industry. ? References Anderson, M. (2012). Barnes Noble reports net income for 2Q. Retrieved from http://www. miamiherald. com/2012/11/29/3118537/barnes-noble-reports-net- income. html#storylink=cpy Lieber, E. , Syverson, C. (2011). Onlive vs. Offline Competition: Prepared for the Oxford Handbook of the Digital Economy. Retrieved from http://home. uchicago. edu/syverson/onlinevsoffline. pdf How to cite E-Business Paper, Essay examples

Warm Fuzz Cards Case Essay Example

Warm Fuzz Cards Case Essay This case deals with the dilemma faced by Eric Mills who is the founder and CEO of Warm Fuzz Cards. She is the sole decision maker of the organization and currently is facing a problem with regards to deciding her business growth strategy. Eric is married to Craig and they decided to start a family within one year. She is therefore unsure whether to grow the business quickly or at a slower rate and therefore has to decide at this point which strategy to implement. Warm Fuzz Cards sole owner is Eric Mills who founded the organization with simply a laptop and a gifted card printer from a relative. We will write a custom essay sample on Warm Fuzz Cards Case specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Warm Fuzz Cards Case specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Warm Fuzz Cards Case specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Mills has always had a strong passion for art which she pursued at an early age and developed sales/ management expertise during her work in the medical field. Craig while having a Job as a human resource executive at a large firm also assisted Eric with assembly and in quality control. Currently, all the management functions are performed by Eric Mills which include accounting, finance, marketing and sales departments. The firms organization structure is fairly straightforward with Eric being the sole owner/ manager and Craig as quality control and assembly worker. The philosophy for Warm Fuzz Cards came from Ericas desire of having cards not only for occasions but Just to spread warmth and fuzziness. While Eric enjoys more control and considered a slow growth prospect, Craig on the other hand was a proponent of faster growth. This is perhaps the only conflict of objective existent within the firm as Craig obviously as a husband would play a major role in advisory. Warm Fuzz Cards current marketing and sales strategy is focused on building more relationships with retailers, exploring new opportunities in card industry and developing custom cards. Mills has a base of 150 retail customers across Canada. Most of her customers are small store owners and thus Mills maintains a strong personal relationship. Unlike most Mass card manufacturers, Mills also made card modifications and loved the feedback from customers to help her generate better ideas. Apart from this, Mills also identified an opportunity in custom card products such as wedding invitations and business cards. Mills used the internet as her promotional strategy by developing a website and using social media tools to promote her ideas, designs and products. The Corporate market was another customer that Mills identified as companies looked for custom cards for holidays, events etc. Most of the marketing for corporate clients was carried out through word of mouth. The design strategy and expertise of Mills is what separated her from the competition. There was a unique modern style to Ericas products and the focus on high quality and customer satisfaction set it apart from the rest. The production strategy for Mills focused on the type of customer and was extremely customer specific. Retail customers made really small orders and Eric used a Just-in-time model which enabled her to meet unique wants at low risk. She invested in a high quality printer to make small batches but this significantly increased her material costs as it would be cheaper to mass print. The rest of the stationery supplies were purchased from a local store for the lowest price available. Embellishments were bought from a local craft store. For custom card products, Mills currently had them in her office while larger orders were outsourced to a print house. Cost of this varied depending on the handwork, embellishment and size of order. So far the results for Eric are positive with monthly sales averaging $3,500 in 2008. Warm Fuzz Cards does not have a particular mission statement that defines its objectives. It is based on a philosophy to make people smile and gifting people cards for almost any or no occasion whatsoever. The pure purpose was to spread warmth and fuzziness. Mills clearly had a strong passion for card design and leading a business. Her openness to ideas, creative mind and graphic designing skills make her fulfill the philosophy in a perfect manner. Current customers as mentioned primarily include retail stores mostly small vendors, marriages and corporate clients. The custom card business accounts for 50% of the sales, while retail makes up the other 50%. She sold the cards to retailers for $2. 25 whilst material cost in office was $0. 50 per card. Mills labor cost is hard to estimate although she did withdraw a small salary from the monthly revenues. Custom cards however offered greater margins as wedding invitations were sold between $5-10 each whilst material cost was only $1 per card. Custom business cards also provided good revenue generation as corporate clients would place large and repeat orders. It appears that the custom radar business is more profitable than the retail business and offers a great opportunity for Warm Fuzz Cards to expand. The channel of communication used by Mills for her retail clients were mostly through personal telephone calls. In this way Mills was able to develop a more personal relationship and at the same time receive valuable feedback from the customers. In terms of custom cards, corporate clientele was communicated purely through word of mouth. For wedding invitations, Mills used online communication channels by creating a website, social media pages and free listings on websites. The firms pricing in comparison to its competition was fairly similar. Greeting card price range between $0. 50 to $10 in the market. Typical cards would have average price of $3 while other custom cards were sold for higher prices. In terms of the industry, annual card sales were estimated at $7. 5 billion. Warm Fuzz Cards sales for 2008 were a mere $42,000 which makes its market share insignificant. In terms of revenue generation, Warm Fuzz Cards revenue has grown from its previous year of operations. In 2007, annual sales were $24,000. This meaner that the percentage growth in revenue between the years 2007-2008 is 75%. It indicates the great potential the business has to grow even though its small nature. Cost structures based on 2008 sales would mean that $21,000 was revenue through retail stores while $21,000 from custom cards. This meaner that around 9,300 cards were sold through retail stores, which gives a material cost for the year of $4,600. This meaner gross profit would be around $16,400. It would be hard to estimate the profit generation from custom cards due to the varying price and cost structures. Overall due to low overhead, it would be safe to conclude that Warm Fuzz Cards is operating profitably. There was no financing required for the initial setup as Eric had a laptop and the printer was gifted by a relative. As everything was produced to order, there was no financing required for inventory and overhead costs were very low and included costs such as phone, internet, website etc. It is sold mostly in retail stationery stores. The greeting card market itself can be broken down into several segments such as seasonal and everyday cards, Occasions, custom cards etc. The industry is fairly large and likely to boom during strong economic periods. In terms of competition, major competitors included Hallmark and American Greeting brands with their overall market share being 85%. As need for convenience rose, more cards were sold at convenience chains and specialty stores were slowly getting eliminated from the marketplace. These two firms clearly dominate the card industry and can threaten to eliminate small businesses. E-cards were another significant competitor as use of electronic cards increased due to the availability of technology. Generally, firms in this type of industry compete with each other on innovation and ideas. High quality product and great service are other areas f competition due to the nature of the card industry. Warm Fuzz Cards measures perfectly to how most firms in the industry compete. It has the creative entrepreneur in Eric with great graphic designing skills and openness to ideas. Mills great passion for her work meaner she ensures quality in the product. Customer service is also of high priority with reruns being made if any issue arises. A SOOT analysis would provide us with a good indication of the current situation of Warm Fuzz Cards. The strengths associated with the business lies pretty much in the entrepreneur Eric Mills. Her passion for her work, experience in leadership, graphic design and sales skills make her the most important asset of the firm. Another strength is the favorable growing conditions of the greeting card market with an average of 11% growth between 2004 to 2006. Mills also possessed an extensive portfolio of designs which enabled creation of custom designs in a speedy and efficient manner. The Just in time production strategy is another strength of the firm as it does not lead to money tied up in the inventory and gives the business flexibility. In terms of weaknesses, we can identify several that Warm Fuzz Card faces. The firm has a market share thats insignificant which meaner it would be hard for Mills to gain any financing for expansion. The lack of enough staff is another weakness within the organization as Mills has too much tasks to handle. This would not help her to focus on the more strategic objectives of the business and would slow down the progress of growth. The other major weakness is the inability to produce large quantities which can lower costs significantly as well as enable the business to greaten its market share through greater revenue. Several opportunities can be identified for Warm Fuzz Cards. The first big opportunity is her Toronto retail connection that has nationwide stores selling cards and gifts. This would enable her to expand the business and take it to new heights. Another opportunity is the wedding invitation segment which yields a high profit margin for Mills. By investing more in this area, profitability can improve and she would be able to finance the growth of the company internally. Further, she could use her own sales skills and invest in trade shows/events to expand her client base. The threats faced by Warm Fuzz Cards include the heavy competition faced from industry leaders. Another wreath is the booming electronic card industry, which could make the traditional card industry obsolete. The fact that smaller specialty stores were closing down was biggest competitive edge Warm Fuzz Cards has is its entrepreneur who has the ability to create unique modern designs and who is passionate about her business. Eric Mills is considering several alternatives with regards to the current problem. She basically has to decide whether to partner with someone or seek for an investment/loan as the main issue was funding. She could grow the business slowly which would allow her greater control and flexibility. The other alternative would be to expand the retail aspect of the business by partnering with a large national chain of stores. This would greatly boost revenues and profitability as large orders would be required. However, this would require a significant investment in inventory. Another option was to hire staff in accounting and finance so that Mills could focus on other more important aspects of the business. Other possibilities were hiring a sales broker, marketing team or graphic designer. A sales broker would have a good network which would allow Mills to promote her business. However, since Warm Fuzz Cards might not get attention from a broker due to the small size of the business. Online campaign would enable her to focus on high margin wedding invitation cards which would boost profitability considerably. The recommended strategic option would be for Mills to grow her business. It would be better to get the business to a certain level before starting a family. Mills should therefore close the deal with the Toronto connection as this gives great revenue potential for her firm. An investment in inventory would be required since order sizes would be large. Mills would also have to hire someone for the financial and accounting side of business as well as quality control. This would increase costs but allows for mass production. In order to implement this plan, Mills should focus on getting a loan from a bank or an angel investor. By using her sales skills, she should then seal the deal with the Toronto connection. The cash should then be invested into inventory and employing of staff. Mills should then take charge of sales, marketing and strategy of the business whilst employing staff for accounting, finance and production.

Notes on Madonna and Child essays

Notes on Madonna and Child essays Madonna and Child, a tempera on panel piece from about 1215, utilizes rich, deep tones and smooth brush strokes to convey the reflective nature of this piece. Mother and child are shown both looking down, which leads one to believe that they are in deep reflection. The overall tone of the painting is rather somber, as expressed by the deep colors and shadowed effect on the subject of the piece. The composition is traditional portrait style, with a naturalistic approach to the subjects in a plain, centered orientation. This allows for the focus to lie on subject and child, which can be inferred to be Madonna and Child. The background of the painting shows a supposed view of a country road through the window, which adds a simplistic and calming feel to the painting. It can be inferred that the painter wished to portray the deep reflection Madonna and Child are enduring. This is done through the composition as a whole, but specifically, the physical positioning of mother and child, the deep tones and color palette chosen, and the stance and direction of the subjects glance. The focal point of this piece lies in the mothers grip of the child. By the manner in which she embraces the child, it is apparent that she is in deep reflection. The fact that they are looking downward is also significant, as that provides a saddened connotation for their thoughts. This also permits the piece to maintain its sentimental feel, which is empathized by the viewer. It is profoundly remarkable that the described sentimental, reflective disposition of the piece could be empathized by the viewer, and that positions the artist as doing his job successfully. Inherently, the viewer feels that there is some source of conflict to the right hand side of the subject and her child, as neither subject is engaged at the painter painting their portrait, but something off to the side of the portraits frame. The deep tones and...

How to Easily Get Iron Out of Your Breakfast Cereal

How to Easily Get Iron Out of Your Breakfast Cereal ​Cold breakfast cereals are usually fortified with iron. What does the iron look like? Use this easy experiment to find out. It only takes about 15 minutes! What You Need 2-3 cups fortified cerealMagnetBowlSpoon or another utensilWaterBlender (optional)Napkin How to Get Iron from Breakfast Cereal Pour the cereal into the bowl or blender.Add sufficient water to completely cover the cereal (its not an exact measurement - you can add as much as you like as iron doesnt dissolve in water)Mash the cereal with a spoon or mix it with the water using a blender. The more finely ground the cereal is, the easier it will be to get the iron.Stir the magnet through the crushed cereal. Iron is heavy and will sink, so be sure to pay attention to the bottom of the bowl. If you used a blender, make sure you can get to the particles at the bottom of the jar.Look for the black fuzz or iron on the magnet. Its easiest to see the iron if you wipe the iron on a white napkin or paper towel. Mmmm Mmm Good!

How airlines have been effected by the economic recession and how they Essay

How airlines have been effected by the economic recession and how they adapted - Essay Example ironment of cutthroat business, the company must adapt dynamic strategies within the broader paradigm of ethical consideration which would meet the shrinking pocket of the customer. At the same time, the strategic plans must also ensure comfortable margin of profit for the companies. Hence, airlines are being creative in the following ways: Dynamic pricing as per the demands of the customers have become the most common strategy of the airlines. Low fare strategy and giving fringe benefits with higher fare has become popular as it attracts not only those customers who work within the defined budgets but also the premium class who an afford extra. Interesting some airlines have also started offering different classes like business class, executive, economic and premium economic depending on the legroom and extra facilities like free drink, enclosed cabin, etc. Customers are being offered innovative packages and arrangement within flights. While some airlines like Virgin offer personal space by allotting front row for business class, others like British Airways is giving its premium economy class more privacy, space and comfort in a secluded cabin. Kay (1995) says that business relationships are linkages that promote organizational growth. Airlines are evolving new ways of earning and seasonal tickets for defined tourist places are being offered at flexible prices. Thus, airlines are also forging alliances with leisure market, corporate world etc. to boost their revenue. In the current times, food and drinks that were taken for granted on long routes have now become charged items. The local airlines and some international airlines have started charging for the food and drinks from the customers. The airlines compensate the financial loss on low fare by charging exorbitantly on eatables on flight. Space allocation or leg room has become a scarce item. The airlines have increasingly been charging customers for extra legroom and for preferred seat like window or

Mega project. Toronto, Canada Research Paper Example | Topics and Well Written Essays - 2250 words

Mega project. Toronto, Canada - Research Paper Example Historically, employment activity is conducted in the area being part of a larger precinct. It is along rail corridors designated as Employment areas in the City of Toronto Official Plan and Zoning By-law No. 438-86. The proponent submitted the application to amend the City of Toronto Official Plan to convert the industrial property in question into a residential property in June 28, 2005. The applicant asked the City Council to amend the former City of Toronto Zoning By-law No. 438-86 in order to convert the industrial property into residential. It argued that it is consistent with the Provincial Policy Statement related to employment areas and permission for conversion of lands within the designation as long as a proposal provides a comprehensive review that there is a need for conversion. The proposal argued that the â€Å"existing uses have coexisted with nearby residential uses for decades,† (Lintern, p 7). The proposal was supported in part by residents who attended a community meeting in October 24, 2005. It also proposed that the amendment will contribute to the City’s housing supply. The Office of the Director for Community Planning in Etobicoke York District disagreed and recommended for the refusal of the said proposal. Others who opposed the proposal include local industries Canada Bread, NRI Industries, St. Mary’s Cement, and Topper Linen Supply Limited. The industries mentioned argued about the possible impacts to their operations about the proposed amendment of the property into a residential one. Aside from the proposal’s failure to pass the two tests necessary as part of the Provincial Policy Statement (PPS) which should justify that the land will no longer have a role for employment purposes in the long term as well as provide enough ground for the need t convert the area into a residential one. In addition, the following were

The grief over a lost pet

The grief over a lost pet This grief may be so difficult that the person may feel more upset over a pet than a human loved one; there are many feelings, and stages that are involved in losing a pet. Five stages that are included in losing a pet are denial, bargaining, anger, depression, and resolution. Pam Brown once said, If there is a heaven, its certain our animals are to be there. Their lives become so interwoven with our own, it would take more than an archangel to detangle them (Brown, n.d.). I awoke to a fresh spring breeze gusting through my window, the sounds of newly born birds chirping, and the smell of blooming flowers. Yet, for some reason something inside me begged and pleaded for me not get out of bed. Something shouted inside me, shouted inside this little twelve-year-old girl that this world was full of anger, hate, and unconscious drones moving around like people, people that were not living but just existing. Against my bodies, wishes and my horrible thoughts I heaved myself up and began to start my morning. I remember it was about 9:00 AM and I had a chiropractor appointment at about noon. I wandered around the house as if I had never been there before, feeling lost, in an unfamiliar body but with no reason for this feeling just pushed myself on. Assuming the feeling would go away eventually, I stumbled into the kitchen in my pajamas. Only to be greeted by the only thing in the world that filled the void inside me, my dog Shiloh. A flash of memory came to me and I lived in that memory standing in my kitchen remember the memory of the struggles it took me to convince my mom that getting a dog was the best possible therapy and telling her that it would heal everything. I began to chuckle to myself, I was not sure if I was laughing because she believed me and let me get him or because I had strung a line of BS to her in hopes of a yes answer and here it turned out that my BS was right. I got Shiloh from our local pet store. Every Saturday this pet store would have one cat and one dog up for adoption. Once I had convinced my mom this was the answer to everything, we got ready and went to look for my psychologist in a dogs body. The drive to the pet store was exhausting I could hardly contain myself. I remember watching the lines on the side of the road stream by the car; I thought that maybe if I concentrated on something, that it might put me in some sort of hypnosis and before I knew it that, we would be there. That did not work, actually it made me quite ill and when I looked up, we had driven maybe about a mile so much for that brilliant idea. I began to imagine what my dog would look like black, white, or spotted. Maybe with long hair and those enticing puppy eyes every dog owner knows. I thought up thousands of names, only stressing myself out more, what collar I would pick, would I get a boy or a girl dog. The most overplayed question in my head was if my lin e of BS was going to come true, would it fill that feeling of hatred, loneliness, and worthlessness. Then I found myself asking would he or she like me? That to me was one of the most apparent reason I needed help, I was worried if a dog was going to like me. We pulled into the parking lot of the pet store, the sounds of the tires rolling across the pavement and the screeching halt awoke me from my hypnosis. There was that last question ringing in my ear, would he or she like me? I realized we were there and felt this tension in my chest, hands, and me as a whole. This is what I had been waiting for and all of a sudden I felt scared what if I picked the wrong dog what if that feeling that everyone talks about, the feeling of knowing its the right choice is not there. I gathered my thoughts and pushed my stomach from my throat back to where it belonged and left what I hoped would be the last of those feelings in the car. As my hand grasped the handle and opened the door the sound of the one dog reverberated in my ear. At that moment nothing else mattered, I was for once in my life numb to those awful feelings. The nervousness, fear, and anxiety must have latched on to someone else that was in close range. There was a line in front of the two cages all of a sudden a thought came into my head what if someone in front of me adopts the dog first. I quickly tried to grab the thought and throw it away I did this so vividly that I thought perhaps I had acted it out in the middle of the store, luckily, I was not that crazy. That is when I heard the little boy in front of me say EW, mommy, I dont want this dog. A sense of relief flew threw me. As the people in front of me moved aside I saw him, sitting in the cage alone completely aware of his feeling of being unwanted not feeling good enough to go home with a little boy. His dark brown eyes glazed over almost like tears, his color almost like the grainy sand , and little spots almost like God had peppered him just on his feet before he sent him on his way. My attention focused on why in the world this little boy did not want him. That is when I noticed his back right leg was limp. The woman informed us that he did not utilize this leg he was born with it but had more want of love and loyalty then I had ever felt. I realized he was just like me but just did not have the capability to say it. I imagined him screaming out as I had done multiple times to my father I am here! Love me, want me, and give me the chance to show you how wonderful I am. I needed him, I wanted him, and there was without a doubt in my mind that I wanted to be that person to give him what I so longed for. In that instance, I looked at my mom and said, He is the only thing I want in life right now, and he is mine. We brought Shiloh home, the whole ride home I glared into his walnut eyes and noticed that that glaze was gone. In my eyes, I had given him what I longed for and for that moment, I felt peace of mind, a feeling that everything was going to be okay. That day he became my everything, my world. I signed on to a silent pact that day, a pact of friendship, loyalty and love that would be unmatched by anyone. A dog that loves unconditionally, without judging and does not need anything explained or asked he just knows. I loved him and he loved me, my question was answered he did love me. There was nothing in the world that would take him away from me, we were invincible together, or so I thought. A year had passed by and it was the best year of my life, he was perfect. He amazed me his leg never bothered him it was as if his hardest struggle in life had floated away. He ran on three legs and pounced around in the yard as if he were a gazelle roaming the plains of Africa. I recall thinking to myself that a person who has never owned a dog has missed a wonderful part of life. I came back to my senses standing in my kitchen the morning of my chiropractic appointment wondering why this day is so different from any other day, Why I thought about all of this so in depth. I stared at those same walnut eyes thanking God for letting me own such a courageous, loyal dog. I went into the bathroom only to notice I still was not dressed, my hair was disheveled, pointing in all directions, much like roadways on a map. I decided that since it was only 9:00 in the morning that I had time to take Shiloh outside and play for awhile, knowing that he would not judge me on how I looked I stayed in my pajamas. Opening the door I felt the crisp breeze glide over my face, my bare feet on the sun bathed porch, noticing the great warmth under my toes. I stretched as far as I could reach, staring at the sun as if I were grasping it in my hands, Shiloh did the same. As I opened my eyes, I realized the cows across the street were intently focusing on us as if they wanted to engage i n a staring match. We sat in the front for awhile, just listening to the rustling leaves, the crackling of pine trees branches as if they were all stretching in unison enjoying the same things we were. I sat there, admiring how simple life could be when you had what you needed right by your side. The smell of freshly baled hay filled the air and the sound of the baby calves across the street calling to each other to play. A day like any other day, the smells and sounds of a normal day, but something was still lingering, something that was unknown, which I think, is why I was so sensitive to this incognito feeling. I walked through the dampened dew grass, reached down, grabbed the felt covered toy, and began to toss it around for Shiloh. My mom had woken up and come outside to look for me. She stood on the porch and told me that I should probably start to get ready for my appointment seeing as to how I was still in my pajamas and frankly a mess. My mom turned and went inside to get ready. Little did I know that the feeling I had been having all morning would soon show itself in true form. It was almost as if the next seven minutes were stuck in a time warp. As I turned around for Shiloh I noticed he had went across the road to the barn. Worried and frantic I did the first thing I thought of and last thing that he would consciously hear, I called his name, SHILOH come here! He then did what he did best, listened to me. Shiloh came running across the pavement of the road; I remember hearing his toenails clipping on the pavement. A sudden sense of relief came over me, followed by complete and utter trauma. I could smell the diesel, hear the sound of the roaring engine, I ran for my life and let out a horror-filled shrie k that took a part of me with it. I saw I was too late, I saw my everything, my world take the impact that I raced so hard to take for him. I fell to my knees, feeling the cold mud mush around my knees. I felt nothing, not a heartbeat. I heard nothing, no birds, no wind, the trees that were just stretching in the wind had stopped as if they knew the severity of the situation. A part of me died that day that I have never gotten back. My mom rushed outside, I had not moved, not blinked, not conscious. I came back to reality, and I came back with such anger, anger I had never experienced. I cursed every word that seeped through my body and directed it at the driver. As quick as the cursing began, it stopped I went into the house in silence and stared at my reflection telling myself it was a dream, to wake up damn it! I closed my eyes and counted to ten, nothing changed. This was reality. I sat in the house, in silence. My mom ran in the house told me she was going to the vet, I said nothing. My sister stayed with me while my mom did what I was not able to do, and I blame myself every day. I sat there for hours while my mom was gone and repeated please let him be okay God, please let him be okay. I received a phone call from my mom that he needed to be euthanized, and asked what I wanted to happen with his body. I said, He needs to come home, bring him back to me. A little while passed by and then I heard the crunching of the gravel, the squeaks of the brakes, and the car door shut. A sense of relief came over me he was home, but not home with me, home in heaven. I told myself I would not look at him. I found myself busting through the door like a horse on the racetrack. My baby, my Shiloh was in a sky blue bag tied shut, and alone. The day we got him came to my mind and I realized I could not save him from his loneliness again. The unbearable anger came over me, I briskly opened the bag as if maybe they made a mistake and he was alive or maybe if I opened it quickly enou gh he would breathe again, just for me. I ever so slightly touched his face, and quickly pulled back he was cold. I grabbed him from the bag and immediately cradled him, rocking him back and forth. I do not know how long I sat there holding him, but I do know that at twelve years old I learned what it felt like to lose a child. The sound of the shovel hitting the dirt was deafening. I wondered how I was going to be able to put him in this hole, my hand began to tighten around the bag like a vice grip. It dawned on me that someone was going to have to break both my hands before I would toss him away. The sick feeling came to me that if I could just keep him maybe it would not be so hard. The thought of letting go became harder to do than anything. I was angry at Mother Nature, the birds were still chirping, people laughing, cars zooming by. I expected the earth to stop turning and everyone to grieve with me. Shiloh was not just a dog he was my world, I wanted to die with him, lay next to him for eternity. The shovel stopped, it was time I had to let him go. As my fingers started to release from the bag the crackling of the bag unstuck itself from my hands as if Shiloh himself were clinging to me, begging me not to let him go. I sat in the cold dirt next to the hole, the grass creeping up my knees; I lowered my arms, hesitantly, not to let him go to quick in fear that I might hurt him. He was dead, he felt nothing, not the whistling wind, the warmth in my hands, or my pounding drum beat that my heart was letting out. So loud that the angels that were watching could hear it, perhaps it made some angelic sound that drew them to me. As I let go, I felt like I was letting go of everything I knew about myself, all the esteem, every fiber of my being was being buried in the hole with him. I stood there the guilt overwhelming me I should have went to the vets office with him, that cold sterile place, without his mom, how could I abandon him in his most precious time of need. If I could have been there maybe they would have saved him, maybe my need for him to live would have been enough if I had been there. That day will forever be a part of me. If you have a dog, you will most likely outlive it; to get a dog is to open yourself to profound joy and, prospectively, to equally profound sadness (Garber, 2011). After the death of Shiloh I became extremely depressed and cried daily, I could not get over it. I waited for a year and hoped it would get better and now almost ten years later I have for the most part had resolution. It was not until I took the course Vet 123 that I learned why it was so difficult. There are different stages in what we call the grieving process. These stages are not linear, meaning that a grieving person can move in and out of stages in any order. These stages include: Denial, Bargaining, Anger, Depression, and resolution (Mccurnin, 2010). The denial stage is a defense mechanism that helps to ease the humans from any unbearable news or reality. This is shown in the way that the client will act; they will often want the veterinary staff to repeat diagnoses, prognoses, and treatment plans (Mccurnin, 2010). The stage of bargaining is when the grieving person acts out helpless attempts to control and change the reality of the situation. They will often try and find miracle cures or even attempt to treat it at home with home remedies. The client may also get second opinions and even replace a pet too soon. In hopes that this new dog will ease the pain and suffering they may get a dog that is the exact same breed, color, and even name the dog the same name (Mccurnin, 2010). The sad thing is that most will try this and then when the new dog does not fill that position, the owners will often become mad. The next stage is Anger. Anger is very difficult to work through and work with. This is when they will feel overwhelmingly guilty. Guilt is the hardest for people to relinquish. This stage is usually directed at the veterinary staff, they feel that perhaps it was the clinics fault that their pet did not survive. Once they are able to let go of the guilt and anger the process continues (Mccurnin, 2010). The Depression stage consists of feelings of extreme sadness, worthlessness, and the grieving person may not function normally. You become irritable, sleep depravated, and very restless. This stage must be worked through and should not be avoided (Mccurnin, 2010). The final stage of the grieving process is resolution or acceptance. Once the grieving person reaches this stage things balanced themselves out, they feel okay, and are able to function no rmally. The pet has not been forgotten and new attachments can be made without hesitation or guilt. (Mcurnin, 2010). Usually the grieving process is easier for children than it is for adults. There are some factors that change how a person grieves such as: multiple losses, a loss that was associated with a special person or event, traumatic death of a pet, loss on an important day, inability to be able to afford treatment, and guilt about the death (Mccurnin,2010). Many people deal with grief very differently, for a lot of people their pets are their children. 50% of people consider their relationship with their pets as extremely strong (Mcurnin, 2010). So in knowing this people may react and act in very odd or even absurd ways sometimes due to how they grieve. Some other instances that make the grief process more difficult is a disappearance of a pet, witness a violent and unnecessary death of a pet, sudden illness or trauma, and not being present when the pet dies or not being able to say goodbye. The loss of a pet is difficult for everyone involved, including the veterinary staff. Euthanasia of a pet is the number one cause for burnout in the clinic (Mccurnin, 2010). Some reasons that the death may be more difficult for the veterinary staff is that the pet could not fight the disease and died after much time and medical effort. The staff also becomes attached to these pets. Often in euthanasia the client may be present during the euthanasia which makes the situation more stressful. Due to problems arising during the procedure and the clients witness this (Mccurnin, 2010). It is never uncommon for a veterinary technician or any member of the staff to cry with the clients, this can often help in some situations. However over time in the practice you will acquire the skill to read situations and now how to respond (Mccurnin, 2010). Dogs dont know about beginnings, and they dont speculate on matters that occurred before their time. Dogs also dont know or at least dont accept the concept of death. With no concept of beginnings or endings dogs probably dont know that for people having a dog as a life companion provides a streak of light between two eternities of darkness .For those who love dogs, it would be the worst form of a lie to call any place where dogs were banned Paradise. Certainly no loving God would separate people from their canine friends for eternity (Coren, n.d.). In conclusion the death of a pet is one of the hardest things you could face. The feelings that you get when losing a pet can come in many forms, and may take a few weeks to months to years. It all depends on how you grieve. The day I lost Shiloh I remember wondering if I was ever to get over it or if I would ever be able to own another animal knowing the unavoidable reality in the end. I pondered if it was really worth it in the end worth the pain, unhappiness, and the worthlessness. The same things I had wished away with getting Shiloh in the first place. It was all worth it in the end for it is better to have loved and lost then to have never loved in the first place. I have learned so much from this tragedy, because I feel that that was a turning point in my life and that is one of the reasons I am where I am today. I want to help and save animals to the best of my ability to be able to send that dog back home to his or her little girl. Until one has loved an animal, a part of ones soul remains un awakened (France, n.d.).

Exile and Suffering Essay

Early scholars of Anglo-Saxon literature believed that â€Å"The Seafarer† represented an early pagan poem that had been adapted for Christian audiences by the insertion of pious formulas throughout and a moral at the end; accordingly, these scholars expended considerable ingenuity in attempting to excise the Christian elements to discover the â€Å"real poem† hidden beneath these composite overlays. Pound’s famous translation, in line with this emphasis, systematically removes or downplays many explicitly Christian elements of the poem and stops before the overtly homiletic conclusion, which features some dozen direct references to God and the heavens in the last twenty-five lines. Now, however, critics seem generally to agree that the two halves of the poem are unified by a movement from earthly chaos to heavenly order and that its coherent thematic thrust is the Christian message that the afterlife is more important than life on Earth. The poem is frequently discussed in conjunction with â€Å"The Wanderer,† another Exeter Book poem that shares many themes and motifs with â€Å"The Seafarer,† including the structure in which a specific treatment of biographical subject matter—the plight of a wanderer or Seafarer—is followed by a more general homiletic section that draws a religious meaning from the earlier material. The sailor, as a man required traveling over a hostile and dangerous environment, had always seemed to Christian poets to be a naturally apt image of the believer’s life on Earth, which should be viewed as a hazardous journey to the true homeland of Heaven rather than as a destination to be valued in itself. In this poem, the speaker seems to be a religious man (or reformed sinner) who has chosen the seafaring life as much for its efficacy as a means of spiritual discipline as for any commercial gain to be derived from it. The original opposition in the poem between landsmen and Seafarers gives way to the insight that all men are, or ought to think of themselves as, Seafarers, in the sense that they are all exiles from their true home in Heaven. As lines 31-32 (previously quoted) establish, the land can be just as cold and forbidding as the sea, and the virtuous, at least, should hope that they will be sojourning in this harsh world for only a brief time. True Christian â€Å"Seafarers† must psychologically distance themselves from secular life, as the Seafarer of this poem has done both literally and figuratively. The poet appears to encapsulate his theme at the pivotal midpoint of the poem: â€Å"therefore the joys of the Lord seem warmer to me than this dead life, fleeting on land. † This recommended ascetic withdrawal from worldly interests should enable the Christian to properly reject the comforts of life on the land as transient and seek spiritual rather than physical comforts.

Why Is It so Difficult to Forecast Exchange Rate Movements

Introduction The stability of currency values plays a significant role for economic and financial stability. It is not difficult to see the exchange rate fluctuations are widely regarded as damaging. As the movements of the exchange rate have significant and large effects on the trade balance, resource allocation, domestic prices, interest rate, national income and other key economic variables. Then can exchange rate movements be predicted by these fundamental economic variables? Economists have long taken the view that economic fundamentals determine exchange rates. Nevertheless, in the early 1970s, after the collapse of fixed exchange rate regimes of the Bretton Woods system, excess volatility, nonlinear and disorderly movements in†¦show more content†¦The third assumption is static exchange rate expectations. Both the Monetary Model and the M-F model have ignored the effect of expectations, which is the heart of current exploration of the disconnect puzzle in exchange rates. It seems obvious that the expectations from the market are hardly to keep unchanged, especially when policies change or shock emerge. The last assumption is imperfect capital mobility. The Mundell-Fleming Model puts high concentration on the capital flows and ignores the stock level of capital. Moreover, the ad hoc setting of money demand function simply ignores the microeconomic point of view. Literature evidence As the famous study of Meese and Rogoff summarized, none of these models, which are based on economic fundamentals can provide a better prediction than a random walk model, a simple predictor. There are reasons why economic fundamentals are not very helpful in predicting exchange rates, even if currency values are likely determined by these fundamentals. Primarily, the inherent limitations of the fundamentals models. These structural models usually rely on coefficients in the equations to forecast which are based on historical data that may vary over time (Meese and Rogoff 1983). In the research of Meese and Rogoff, they provided the model withShow MoreRelatedWalt Disney Yen Financing Essay1439 Words   |  6 PagesShould Disney hedge its yen royalty cash flow? Why or why not? If so, how much should be hedged and over what time period? Yes, Walt Disney Company should hedge its royalty cash flow to protect against currency fluctuations. The company has revenues in Yen and does not have expenses in Yen. Thus it would be converting the Yen to Dollar and so is exposed to foreign exchange risk. The value of Yen has declined recently and it is difficult to forecast what the value could be in the future. Also currencyRead MoreAn Inverse Relationship Between Japanese Yen The Chinese Yuan Renminbi1747 Words   |  7 PagesJanuary through April. 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Sustainability Is Becoming An Issue Of Critical Importance...

Sustainability is becoming an issue of critical importance for designers and society as a whole. It is important to pay attention to the factors that impact negatively on our environment by balancing economic, environmental and social dimensions as they interact and converge in the current crisis of our unsustainable civilisation (Wahl and Baxter 2008). It is critical for designers of today to be more aware and understand the importance of the material choices and resources used, as well as putting more consideration into the early stages of design to prevent causing unnecessary waste and eliminate the need for additional resources by re-using materials and recycling. Corporate social responsibility (CSR) should be a key issue for all†¦show more content†¦Although this is no small challenge, it is vital for this process to occur cooperatively at a local, regional and global spectrum (Wahl and Baxter 2008). An Internet survey showed that the environmentally sustainable interior design practice was defined by the following 3 factors. Environmental sustainable design; reducing negative effects and maximizing positive effects of interior design on environmental systems over the life cycle of the building. Indoor environmental quality that provides a healthy physiological and psychological indoor environment. i.e.- air quality, noise pollution (Guerin and Kang 2009, 181; Brown 1996). Studies from an online survey presented the idea that there were three factors that illustrate the environmental sustainability in regards to interior design practices. These were noted as One of the most common causes of bad design is not considering the design within the complexity of its materials and immaterial context. It may be an effective way of problem solving by changing our lifestyle, our intention and the way we view the world as to creating more technical solution. It is crucial for designers to become more aware of the power of visioning at a meta-design level as they can influence changes in lifestyles and resource use in which will drive transition in sustainability. Designers can also help changes in the personal and cultural value as well as in helping to shape the intentionality behind material design (Wahl and Baxter 2008).