Digital Nation

Online life, handheld gadgets and the Internet have enormously improved the personal satisfaction in the 21st Century. This is a decent an ideal opportunity to be alive as a result of all the cutting edge types of correspondence. This is the explanation which I believe is right and is the primary topic of the narrative â€Å"Digital Nation: Live on the Virtual Frontier. † The world is currently in the time of data and exceptionally propelled learning †explicitly in the field of science and innovation. It can for all intents and purposes be felt by practically all individuals in many pieces of the world as the globe has decreased and progressively reasonable, so to speak.Communication from inverse sides of the planet †which was just conceivable through significant distance voice calls under two decades prior †would now be able to occur in a split second through talk and messages. Training has gotten further developed, data has gotten all the more promptly availab le, and learning has gotten less inflexible. Workplaces have now embraced new innovation, some in any event, setting up their virtual workplaces online without fundamentally answering to a customary office to work.Even military battle †which a few years back involved a lot of setbacks †has gotten less unsafe, on account of virtual innovation. As appeared in the said video, most children nowadays are now prepared on the PC soon after they start to peruse and compose. This implies the offspring of today will be progressively furnished with mechanical information when they arrive at our age. It is simply astounding what the video shows where extremely small kids would already be able to make web journals, control recordings and do other cutting edge stuff on the computer.This affirms what one of the interviewees in the video said that these children are the locals in this innovation, and we are unimportant outsiders. A portion of the things they know were not educated to them yet they intuitively realized how to feel their way into this condition which they promptly adjusted to in an easy way. Along these lines, at the rate the standard of training is going, it is normal that the world will be increasingly disposed to turn into an all the more mechanically subordinate world in the close future.As of now, the vast majority can't work typically any longer without their being wired to their contraptions and additionally not being on the web. Five or ten years prior, this was not a typical situation as there were lesser mechanical devices, gadgets and contraptions accessible, however things have changed a great deal from that point forward. Nowadays, understudies at the M. I. T. who should be the most clever understudies in the U. S. have become an occupied bundle as they guarantee to be multi-taskers however flop at all parts of the test given to them.Still, there is promise for these children as they despite everything include the scholastic abilities ins ide them †all they need is only a little change from the interruptions influencing them so they can be progressively centered around their undertakings. The virtual world has additionally enabled most workplaces to permit their representatives to chip away at work from home. This implies lesser exertion and costs for the specialist to go to his/her ordinary occupation and makes work increasingly proficient and savvy. This set-up would not have been conceivable 10 years back since work at that point implied answering to the workplace and real nearness was required for the 8-hour job.Furthermore, the pervasiveness of online occupations on the web affirms this proclivity towards increasingly virtual work in the offing as the virtual condition turns into a progressively recognizable scene for human movement. Taking everything into account, there are various focal points which have been realized by the alleged Age of Technology, and these far exceed the detriments like dependence on web gaming, betting and other comparable issues. What's to come is surely worth-envisioning as current advances in innovation are as of now incredible, subsequently, a further extent of headway will be in all probability indefinable.

Journal 6 Essay Example | Topics and Well Written Essays - 250 words - 6

Diary 6 - Essay Example The book recommends that the schools of Haiti needs restoration as the administration need to stop imbalance rehearsed in school previously. So we can see that Haiti had been having a terrible social and affordable status which was relied upon to change after seismic tremor related helpful work. The creator expresses that being an immature country, Haiti’s clinical foundation has been exceptionally harmed and the displaced person camps were just transitory alleviation which had numerous dangers. The wretchedness, causality, absence of appropriate clinical offices all were matter of worry in Haiti after the seismic tremor event. He in his book points out to the unprejudiced nature and segregation in the nation and how media and remote specialists confined Haitian life during the calamity. He contends that the political and military ought not meddle with compassionate work as found in Haiti. So we can see from the readings that Haiti as a debacle struck country needs a progressively thorough technique from their legislature and

The Basics of Money Management

The Basics of Money Management Do we really know where our money goes? And even worse, do we know how to stop it from slipping out of our hands?There are countless situations where we stopped to buy something we dont even need, got out for dinner when we could have made it at home, purchasing clothes that are not currently unnecessary, etc. Stop for a moment and think.It is basic human nature to spend money on items that keep us satisfied and fulfill our wishes, despite the state of our budget. This is what stands behind the idea of money management techniques.They are being developed to decrease the amount of individuals, companies or institutions spend on products with no significant value to their living standards and assets.Since the educational system failed at teaching us most of the life skills, we have to do it ourselves. And handling money is definitely an important one in the modern world we live in today.This article was inspired by a need for such knowledge.Keep reading to learn more about the basics o f money management and get some useful tips to keep track of your finances. Source: caryacalgary.ca/THE BASICS OF MONEY MANAGEMENTMoney management is a useful process of expense tracking, budgeting, investing and evaluating taxes of ones money. It is also known as investment management.It helps in overseeing the capital usage of individuals or bigger groups. These strategic techniques are used for saving and making money yield the highest interest output value for every amount spent.Money management involves services and solutions within the entire investment industry.In the market, there are plenty of applications and resources that allow consumers to individually manage almost all aspects of their own finances.As investors increase the net worth, they have to look for the services of financial advisors for more professional money management.These experts are commonly associated with brokerage services and private banking, and they offer support for complete money management plans which may involve retirement, estate planning and similar.Money management is a central feature of the investment industry. Investment company money management can offer consumers investment fund options that cover all investable asset classes in a financial market.Since the financial technology market is growing fast, personal finance apps are created to help consumers with almost every aspect of their finances.It deals with risks consumers must take in uncertain situations, more precisely what part of their wealth should be put into the risk to get the best results. Also, money management could give advice for gambling or stock trading.Basically, money management helps us gain better control over income and expenses, both in business and personal perspective.This is achieved by analyzing costs and income and establishing budgets.In stock trading, money management is an important part of the success of a trading system.In combination with an efficient market strategy, it will enable the trader to make money over the long term.A successful trader takes risks knowing that it’s not about entering a trade since managing is much more important.An important reason for having a proper money management technique is to be sure you can remain in the market long enough to make a profit.What many people fail to understand is the psychology of trading.This is often the hardest part to control even for experienced traders.Correct money management techniques can help us distance our emotions, but we will still have available capital for future trading opportunities.HOW TO MANAGE MONEY BETTERSince being good with money is not only about being able to pay the bills, some good financial skills are required. It is very important how you spend your money since that impacts the debt you end up carrying.Its not complex math; actually, all you need is basic addition and subtraction.When it comes to purchasing decisions, you cant just assume that you can afford something; be sure that those funds are not intended for another expense already.According to yo ur budget and the balance in your savings account, determine that you can afford the purchase. Also, consider all the bills and expenses that must be paid.Having enough money doesnt always mean it should be spent.But you should know that it will take some time to get used to putting off purchases and plan ahead.Being good with money takes time and practice.In the text below, we picked some habits you can add to your everyday life to make money management easier.Beneficial HabitsLets start with making a budget. Not having (or not wanting to have) budget determined is a common mistake when it comes to finances.Sometimes, listing out all expenses might seem a little boring but it is definitely worth it, especially for those who are bad with handling money.The process of creating a budget is short so the focus should be on the results.This list should be close to you all the time to guide you while purchasing. It should be updated with each bill paid or money spent.Also, consider making plans on how to spend the money left after paying all the necessary expenses. Some amount can be left for entertainment, but not whole. Make a reasonable limit.Obviously, the next step would be tracking spending. Write down all the places you’ve been spending money at, and at the end of the month summarize the costs to see where you were overspending.There are some useful apps to help you track it better. Find the one that suits you best here.Along with delaying some purchases, try to look for the lowest prices whenever you spend your money.Discounts, coupons and cheaper options will help saving up for more important purchases.Think twice before buying and evaluate whether the purchase is necessary.And if you simply cant avoid using a credit card, then set a limit. It is certainly your worst enemy if youre bad with money.Most people, when they run out of cash, just take a credit card not considering whether they can afford the purchase and still have for necessary items. Learn to control yourself.And perhaps the most useful habit to add to your daily routine is adding to savings regularly.Moving small amounts of money to a savings account often can help you develop better financial skills.That way, you don’t have to worry about spending too much.And remember that this takes some time to get used to, so don’t expect to become an expert overnight.For more advice on how to manage your money better, watch this video: BEGINNER’S GUIDE TO MANAGING MONEYTaking some time to manage money can really help to stay on top of the bills, and still save thousands of dollars each year.These extra savings can be used to pay off debts you may have or spend them on some items from your wishlist.We have already mentioned some helpful tips on how to save money by tracking spending and keeping the budget updated.Now, well explain it in detail to make it even simpler.Read the steps below.Setting Up a BudgetAs already mentioned, the best way to control your finances is by mak ing a budget.There are plenty of reasons why and here are just some of them:You will be able to see where you overspendIt is more likely that youll have a good credit ratingYou probably wont end up in debt or get caught out by the unexpected costIt will be easier to save up for a holiday or anything you’ve always wanted.When you get started, you will first have to think about how much you spend on household bills and living costs, financial products like insurance, traveling, friends, leisure, etc.Get as much information as possible for all of these and write them down.You can make your own budget planner, or use one of the internet planners since there are plenty of them.TrackingKeep writing whenever you spend money or use one of the apps we discussed before.This will show you where you are spending more than you should and where you can cut back.Then you’ll know if you should get rid of some unnecessary and unimportant costs (maybe cancel some club membership). Update this dia ry regularly.As much as it seems weird, your family can help a lot too. If they get involved in making a budget, they might often remind you of some unusual costs or bills that have to be paid.It is much easier when the whole family sticks to one plan. Track how much money is available each month and agree between you how it will be shared.Also, try to cut household bills a little since they make up a huge chunk of our spending.Save hundreds of dollars by shopping around for a new mortgage, or even better â€" reviewing the one you have already.Be a Conscious ConsumerWhenever you go to the grocery store you should have a list of all the items you are looking for.Plan forward.Maybe you have some coupons lying under the bed totally forgotten.Examine the prices before buying to make sure youre paying the best price. It is just a few cents of difference, but if you count all the times you overspent it makes a huge difference.Paying Off LoansThere is a useful tip on paying off loans and i t says: pay off first the debt which charges the highest rate of interest.This includes credit cards, store cards and personal loans from the bank.The last one charges a lower rate of interest than the others, while store cards have the highest rates.Try not to break the terms of your agreements. Pay at least the minimum on any credit card, and monthly required payments on any loan agreements.You can also seek advice from a free debt advice charity if youre behind with debts such as rent, mortgage, energy bills, council tax, etc.Set Goals, Think Like an InvestorMake an emergency fund by paying small amounts into a savings account every month.Once youve done that, you are ready to take a holiday, buy a new car and even have some extra money for unexpected urgent situations.There is no need to worry about the bills waiting for you home anymore.As savings start growing, you could make an investment plan based on your goals or even put more money into a pension. That way you will be abl e to feel more comfortable with your finances.Everything is easier with determined goals so set a savings goal.When speaking of goals, commitment is everything. Anything can’t be done half-way. Be consistent and stay on course.TOP MONEY MANAGERSIt is very common for people to not have a deep understanding of money management and investing, or not have it at all.This is why when institutions (or individuals) invest money, they mostly seek the help of an  asset management company to take control of the investments and make money for everyone who is involved.These companies offer retail and institutional investment management funds or services which cover all investment asset classes in the industry.After investing collected funds from clients, they work through different investments including bonds, real estate, stocks, limited partnerships, etc.They are referred to as money management firms or simply money managers.The list below presents the top 5 international money managers by a ssets under management in 2019.Fidelity InvestmentsFidelity Management and research firm was found by Edward Johnson in 1946. With more than 24 million clients and $6.9 trillion in total assets in August of 2018, it is one of the leading companies of today. They offer 386 mutual funds including domestic equity, foreign equity, sector-specific, fixed-income, index, money market, and asset allocation funds.Black RockBlack Rock Inc. was launched by the Black Rock Group in 1988, and it was rapidly growing to reach $6.32 trillion in AUM by October of 2018. That makes Black Rock the largest global investment management company with nearly 12 000 employees across 30 countries. Black Rock’s ETF division named iShares has $1.6 trillion in AUM (which amounts to 27% of the group’s total assets).The Vanguard GroupWith more than 20 million clients across 170 countries, The Vanguard Group is definitely one of the most popular investment management companies. It was found in 1975 by John Bogle , in Valley Forge, Pennsylvania. In October 2018, their total assets were over $5 trillion, with 388 funds.Pacific Investment Management Company LLCPacific Investment Management Company (PIMCO) was found in 1971 by Bill Gross, in Newport Beach, California. Since its launch, PIMCO has grown his assets to $1.7 trillion as of October 2018. It is one of the leading money management companies with over 100 funds and 775 investment professionals.Investco Ltd.Investco is a global company headquartered in Atlanta, with regional offices in 25 countries. They have been offering their services since the 1940s. In August of 2018, the company had $987 billion in AUM across 100 fund products. Despite some decline in AUM from 2017, Investco remains one of the worlds best asset management companies.MistakesAlong with every step in money management, there are mistakes we should be aware of.They are common among people of all income levels and decrease the ability to manage finances or save on long t erms.Here are some mistakes you might be making or things youve been missing all the time.Not Having an Idea Where the Money GoesMany people, when being asked how much they spend, list a few bills and expenses that first come to their mind.Just later they realize how rich they would be if those were the only ones. Most of us dont really know where does all the money go.We are almost regularly surprised by an empty wallet or bank account.But we never really considered saving or at least remembering where did that money go. It is easy to slip from our minds how fast it disappears when being spent regularly on daily products (such as food or cosmetics).There is so much you can do about this. You know the saying â€" You can’t manage what you don’t measure. Here, we’ve already offered numerous solutions for this one so go ahead and work on it.Forgetting Irregular ExpensesHolidays and vacations are surely one of the largest sources of credit card debt, and those we often forget with ease. Its better to turn them into monthly expenses by dividing the amount you usually spend every year by 12.Then you can set that money aside each month and be sure you’ll have enough when you need it. It doesn’t seem like much but it will save you from paying high interest on credit card debt.Getting a Big Tax RefundIf this happens to you, you might be having too much tax withheld from the paychecks. This is not the most efficient way to save, even if it’s better than nothing.You are losing the ability to earn something on that interest-free loan and also might lose access to your money in case of an emergency. Be sure to have some extra money set aside in this case.Even if its forced saving, it is still better than nothing.Paying a Little Extra on Your Credit Card DebtEven if it is better than not paying your bill in full, it is still not the best option you have.The debt can be paid off faster by putting extra money towards the debt with the highest interest rate and the n making just the minimum payments on the rest.When one balance is paid off, you can put those payments for a remaining card with the highest rate until you become debt-free.Thinking that Borrowing from Home Equity is WrongThere is some truth in this but lets leave it for another time. You are putting your home on the line so this is definitely not a great idea if there is a good chance you wont be able to make the payments.However, refinancing high-interest credit card debt with a home equity loan makes sense because your interest rate could be much lower.Saving Everything Left at the End of the MonthMostly, there will be nothing left to save if you get used to this method. It is better to have savings automatically set aside instead, so you don’t have a chance to spend it.The best way to do this is in the employers retirement plan because it is deducted right out of your paycheck.You can use this for medical expenses as well. Also, try having money automatically transferred from checking account to savings account.Setting Aside Minimum for Your Employer’s Retirement PlanIt is important to know how much to save for your retirement as much as it is important to save for the vacations.Contributing just enough to get it is good for beginners but perhaps it wont be enough.To understand how much you need, take a look at the expenses and think about how each one of them could change in retirement to create a retirement budget. Use a retirement calculator to see how much you have to save.The Right TimingMoney is necessary to live well in the society of today, but we dont need a lot to stay successful and independent. All we need is to learn on time how to manage it.The good financial sense is an important part of money management. But it takes some time and effort.As you progress in your career, it becomes more and more important to understand how to wisely invest your money. Being a good manager will allow you to accumulate savings and give you security.You wil l have resources to deal with unexpected expenses.Sometimes, not being able to pay the bills and costs on time or being broke now and then can lead to higher stress level and serious health problems. This includes migraines, insomnia, and cardiovascular disease.Learn how to manage your finances to relieve the pressure and become able to enjoy your life in full. Proper money management can bring a feeling of peace and calm your mind.It is important to learn all sides of money management from a young age.Teaching children about finance will help them be better with money later in life and also save them from huge amounts of stress and health problems.When is the best time to learn about money management?Although it’s wise to teach them these skills from a young age, it’s even better to start just before they reach high school.Children then begin to have their own financial responsibilities and some of them even get a part-time job.Parents also play a big role in shaping their chil dren’s financial habits and they should be aware of it.They should give them the responsibility, set the right example and help them manage their first wage.Student financial wellness has become a hot topic in higher education.Education on student loans and repayment will make students more aware of what they owe and their options for successfully paying it back.Financial literacy education on topics such as budgeting, credit scores, and debt management will help students manage their money better, making them likely to be able to afford those loan payments.CONCLUSIONWhether youre striving to become a successful entrepreneur or you have something else on your mind, its important to manage your resources.One of the most important resources you need to learn to manage is money.Having numbers involved doesnt make it any easier. General economic education is a valuable asset these days so get familiar with the terminology and the ways that you can spend and save money.One of the main differences between being rich and wealthy is the amount of money you manage to save as opposed to the amount of money you spend. Even if youre spiritual and youre not that into materialism, your time and energy are precious to you and if you dont manage your money accordingly, you will lose both money and energy to compensate for the loss of income.Having said that, go through this text one more time just to make sure you got it all right.

The Basics of Money Management

The Basics of Money Management Do we really know where our money goes? And even worse, do we know how to stop it from slipping out of our hands?There are countless situations where we stopped to buy something we dont even need, got out for dinner when we could have made it at home, purchasing clothes that are not currently unnecessary, etc. Stop for a moment and think.It is basic human nature to spend money on items that keep us satisfied and fulfill our wishes, despite the state of our budget. This is what stands behind the idea of money management techniques.They are being developed to decrease the amount of individuals, companies or institutions spend on products with no significant value to their living standards and assets.Since the educational system failed at teaching us most of the life skills, we have to do it ourselves. And handling money is definitely an important one in the modern world we live in today.This article was inspired by a need for such knowledge.Keep reading to learn more about the basics o f money management and get some useful tips to keep track of your finances. Source: caryacalgary.ca/THE BASICS OF MONEY MANAGEMENTMoney management is a useful process of expense tracking, budgeting, investing and evaluating taxes of ones money. It is also known as investment management.It helps in overseeing the capital usage of individuals or bigger groups. These strategic techniques are used for saving and making money yield the highest interest output value for every amount spent.Money management involves services and solutions within the entire investment industry.In the market, there are plenty of applications and resources that allow consumers to individually manage almost all aspects of their own finances.As investors increase the net worth, they have to look for the services of financial advisors for more professional money management.These experts are commonly associated with brokerage services and private banking, and they offer support for complete money management plans which may involve retirement, estate planning and similar.Money management is a central feature of the investment industry. Investment company money management can offer consumers investment fund options that cover all investable asset classes in a financial market.Since the financial technology market is growing fast, personal finance apps are created to help consumers with almost every aspect of their finances.It deals with risks consumers must take in uncertain situations, more precisely what part of their wealth should be put into the risk to get the best results. Also, money management could give advice for gambling or stock trading.Basically, money management helps us gain better control over income and expenses, both in business and personal perspective.This is achieved by analyzing costs and income and establishing budgets.In stock trading, money management is an important part of the success of a trading system.In combination with an efficient market strategy, it will enable the trader to make money over the long term.A successful trader takes risks knowing that it’s not about entering a trade since managing is much more important.An important reason for having a proper money management technique is to be sure you can remain in the market long enough to make a profit.What many people fail to understand is the psychology of trading.This is often the hardest part to control even for experienced traders.Correct money management techniques can help us distance our emotions, but we will still have available capital for future trading opportunities.HOW TO MANAGE MONEY BETTERSince being good with money is not only about being able to pay the bills, some good financial skills are required. It is very important how you spend your money since that impacts the debt you end up carrying.Its not complex math; actually, all you need is basic addition and subtraction.When it comes to purchasing decisions, you cant just assume that you can afford something; be sure that those funds are not intended for another expense already.According to yo ur budget and the balance in your savings account, determine that you can afford the purchase. Also, consider all the bills and expenses that must be paid.Having enough money doesnt always mean it should be spent.But you should know that it will take some time to get used to putting off purchases and plan ahead.Being good with money takes time and practice.In the text below, we picked some habits you can add to your everyday life to make money management easier.Beneficial HabitsLets start with making a budget. Not having (or not wanting to have) budget determined is a common mistake when it comes to finances.Sometimes, listing out all expenses might seem a little boring but it is definitely worth it, especially for those who are bad with handling money.The process of creating a budget is short so the focus should be on the results.This list should be close to you all the time to guide you while purchasing. It should be updated with each bill paid or money spent.Also, consider making plans on how to spend the money left after paying all the necessary expenses. Some amount can be left for entertainment, but not whole. Make a reasonable limit.Obviously, the next step would be tracking spending. Write down all the places you’ve been spending money at, and at the end of the month summarize the costs to see where you were overspending.There are some useful apps to help you track it better. Find the one that suits you best here.Along with delaying some purchases, try to look for the lowest prices whenever you spend your money.Discounts, coupons and cheaper options will help saving up for more important purchases.Think twice before buying and evaluate whether the purchase is necessary.And if you simply cant avoid using a credit card, then set a limit. It is certainly your worst enemy if youre bad with money.Most people, when they run out of cash, just take a credit card not considering whether they can afford the purchase and still have for necessary items. Learn to control yourself.And perhaps the most useful habit to add to your daily routine is adding to savings regularly.Moving small amounts of money to a savings account often can help you develop better financial skills.That way, you don’t have to worry about spending too much.And remember that this takes some time to get used to, so don’t expect to become an expert overnight.For more advice on how to manage your money better, watch this video: BEGINNER’S GUIDE TO MANAGING MONEYTaking some time to manage money can really help to stay on top of the bills, and still save thousands of dollars each year.These extra savings can be used to pay off debts you may have or spend them on some items from your wishlist.We have already mentioned some helpful tips on how to save money by tracking spending and keeping the budget updated.Now, well explain it in detail to make it even simpler.Read the steps below.Setting Up a BudgetAs already mentioned, the best way to control your finances is by mak ing a budget.There are plenty of reasons why and here are just some of them:You will be able to see where you overspendIt is more likely that youll have a good credit ratingYou probably wont end up in debt or get caught out by the unexpected costIt will be easier to save up for a holiday or anything you’ve always wanted.When you get started, you will first have to think about how much you spend on household bills and living costs, financial products like insurance, traveling, friends, leisure, etc.Get as much information as possible for all of these and write them down.You can make your own budget planner, or use one of the internet planners since there are plenty of them.TrackingKeep writing whenever you spend money or use one of the apps we discussed before.This will show you where you are spending more than you should and where you can cut back.Then you’ll know if you should get rid of some unnecessary and unimportant costs (maybe cancel some club membership). Update this dia ry regularly.As much as it seems weird, your family can help a lot too. If they get involved in making a budget, they might often remind you of some unusual costs or bills that have to be paid.It is much easier when the whole family sticks to one plan. Track how much money is available each month and agree between you how it will be shared.Also, try to cut household bills a little since they make up a huge chunk of our spending.Save hundreds of dollars by shopping around for a new mortgage, or even better â€" reviewing the one you have already.Be a Conscious ConsumerWhenever you go to the grocery store you should have a list of all the items you are looking for.Plan forward.Maybe you have some coupons lying under the bed totally forgotten.Examine the prices before buying to make sure youre paying the best price. It is just a few cents of difference, but if you count all the times you overspent it makes a huge difference.Paying Off LoansThere is a useful tip on paying off loans and i t says: pay off first the debt which charges the highest rate of interest.This includes credit cards, store cards and personal loans from the bank.The last one charges a lower rate of interest than the others, while store cards have the highest rates.Try not to break the terms of your agreements. Pay at least the minimum on any credit card, and monthly required payments on any loan agreements.You can also seek advice from a free debt advice charity if youre behind with debts such as rent, mortgage, energy bills, council tax, etc.Set Goals, Think Like an InvestorMake an emergency fund by paying small amounts into a savings account every month.Once youve done that, you are ready to take a holiday, buy a new car and even have some extra money for unexpected urgent situations.There is no need to worry about the bills waiting for you home anymore.As savings start growing, you could make an investment plan based on your goals or even put more money into a pension. That way you will be abl e to feel more comfortable with your finances.Everything is easier with determined goals so set a savings goal.When speaking of goals, commitment is everything. Anything can’t be done half-way. Be consistent and stay on course.TOP MONEY MANAGERSIt is very common for people to not have a deep understanding of money management and investing, or not have it at all.This is why when institutions (or individuals) invest money, they mostly seek the help of an  asset management company to take control of the investments and make money for everyone who is involved.These companies offer retail and institutional investment management funds or services which cover all investment asset classes in the industry.After investing collected funds from clients, they work through different investments including bonds, real estate, stocks, limited partnerships, etc.They are referred to as money management firms or simply money managers.The list below presents the top 5 international money managers by a ssets under management in 2019.Fidelity InvestmentsFidelity Management and research firm was found by Edward Johnson in 1946. With more than 24 million clients and $6.9 trillion in total assets in August of 2018, it is one of the leading companies of today. They offer 386 mutual funds including domestic equity, foreign equity, sector-specific, fixed-income, index, money market, and asset allocation funds.Black RockBlack Rock Inc. was launched by the Black Rock Group in 1988, and it was rapidly growing to reach $6.32 trillion in AUM by October of 2018. That makes Black Rock the largest global investment management company with nearly 12 000 employees across 30 countries. Black Rock’s ETF division named iShares has $1.6 trillion in AUM (which amounts to 27% of the group’s total assets).The Vanguard GroupWith more than 20 million clients across 170 countries, The Vanguard Group is definitely one of the most popular investment management companies. It was found in 1975 by John Bogle , in Valley Forge, Pennsylvania. In October 2018, their total assets were over $5 trillion, with 388 funds.Pacific Investment Management Company LLCPacific Investment Management Company (PIMCO) was found in 1971 by Bill Gross, in Newport Beach, California. Since its launch, PIMCO has grown his assets to $1.7 trillion as of October 2018. It is one of the leading money management companies with over 100 funds and 775 investment professionals.Investco Ltd.Investco is a global company headquartered in Atlanta, with regional offices in 25 countries. They have been offering their services since the 1940s. In August of 2018, the company had $987 billion in AUM across 100 fund products. Despite some decline in AUM from 2017, Investco remains one of the worlds best asset management companies.MistakesAlong with every step in money management, there are mistakes we should be aware of.They are common among people of all income levels and decrease the ability to manage finances or save on long t erms.Here are some mistakes you might be making or things youve been missing all the time.Not Having an Idea Where the Money GoesMany people, when being asked how much they spend, list a few bills and expenses that first come to their mind.Just later they realize how rich they would be if those were the only ones. Most of us dont really know where does all the money go.We are almost regularly surprised by an empty wallet or bank account.But we never really considered saving or at least remembering where did that money go. It is easy to slip from our minds how fast it disappears when being spent regularly on daily products (such as food or cosmetics).There is so much you can do about this. You know the saying â€" You can’t manage what you don’t measure. Here, we’ve already offered numerous solutions for this one so go ahead and work on it.Forgetting Irregular ExpensesHolidays and vacations are surely one of the largest sources of credit card debt, and those we often forget with ease. Its better to turn them into monthly expenses by dividing the amount you usually spend every year by 12.Then you can set that money aside each month and be sure you’ll have enough when you need it. It doesn’t seem like much but it will save you from paying high interest on credit card debt.Getting a Big Tax RefundIf this happens to you, you might be having too much tax withheld from the paychecks. This is not the most efficient way to save, even if it’s better than nothing.You are losing the ability to earn something on that interest-free loan and also might lose access to your money in case of an emergency. Be sure to have some extra money set aside in this case.Even if its forced saving, it is still better than nothing.Paying a Little Extra on Your Credit Card DebtEven if it is better than not paying your bill in full, it is still not the best option you have.The debt can be paid off faster by putting extra money towards the debt with the highest interest rate and the n making just the minimum payments on the rest.When one balance is paid off, you can put those payments for a remaining card with the highest rate until you become debt-free.Thinking that Borrowing from Home Equity is WrongThere is some truth in this but lets leave it for another time. You are putting your home on the line so this is definitely not a great idea if there is a good chance you wont be able to make the payments.However, refinancing high-interest credit card debt with a home equity loan makes sense because your interest rate could be much lower.Saving Everything Left at the End of the MonthMostly, there will be nothing left to save if you get used to this method. It is better to have savings automatically set aside instead, so you don’t have a chance to spend it.The best way to do this is in the employers retirement plan because it is deducted right out of your paycheck.You can use this for medical expenses as well. Also, try having money automatically transferred from checking account to savings account.Setting Aside Minimum for Your Employer’s Retirement PlanIt is important to know how much to save for your retirement as much as it is important to save for the vacations.Contributing just enough to get it is good for beginners but perhaps it wont be enough.To understand how much you need, take a look at the expenses and think about how each one of them could change in retirement to create a retirement budget. Use a retirement calculator to see how much you have to save.The Right TimingMoney is necessary to live well in the society of today, but we dont need a lot to stay successful and independent. All we need is to learn on time how to manage it.The good financial sense is an important part of money management. But it takes some time and effort.As you progress in your career, it becomes more and more important to understand how to wisely invest your money. Being a good manager will allow you to accumulate savings and give you security.You wil l have resources to deal with unexpected expenses.Sometimes, not being able to pay the bills and costs on time or being broke now and then can lead to higher stress level and serious health problems. This includes migraines, insomnia, and cardiovascular disease.Learn how to manage your finances to relieve the pressure and become able to enjoy your life in full. Proper money management can bring a feeling of peace and calm your mind.It is important to learn all sides of money management from a young age.Teaching children about finance will help them be better with money later in life and also save them from huge amounts of stress and health problems.When is the best time to learn about money management?Although it’s wise to teach them these skills from a young age, it’s even better to start just before they reach high school.Children then begin to have their own financial responsibilities and some of them even get a part-time job.Parents also play a big role in shaping their chil dren’s financial habits and they should be aware of it.They should give them the responsibility, set the right example and help them manage their first wage.Student financial wellness has become a hot topic in higher education.Education on student loans and repayment will make students more aware of what they owe and their options for successfully paying it back.Financial literacy education on topics such as budgeting, credit scores, and debt management will help students manage their money better, making them likely to be able to afford those loan payments.CONCLUSIONWhether youre striving to become a successful entrepreneur or you have something else on your mind, its important to manage your resources.One of the most important resources you need to learn to manage is money.Having numbers involved doesnt make it any easier. General economic education is a valuable asset these days so get familiar with the terminology and the ways that you can spend and save money.One of the main differences between being rich and wealthy is the amount of money you manage to save as opposed to the amount of money you spend. Even if youre spiritual and youre not that into materialism, your time and energy are precious to you and if you dont manage your money accordingly, you will lose both money and energy to compensate for the loss of income.Having said that, go through this text one more time just to make sure you got it all right.

Money Laundering Essay - 1166 Words

According to the U.S. Department of Justice, money laundering is the process by which one conceals the existence, illegal source, or illegal application of income and then disguises that income to make it appear legitimate. Money laundering involves a three step process which includes placement, layering and integration (Albrecht et al, 2009). Placement is the first step and it includes the launderer opening up an account at a bank or some other type of financial business to make deposits with the illegal money. The placement step is often looked at as the most risk taking step because the launderer does not know the reaction of the bank and how they are going to accept a large cash deposit. If the deposit is too large the bank can†¦show more content†¦Money Laundering According to Hopton (2009), the Bank Secrecy Act of 1970 was created in order to prevent money laundering. The act was made to try to discourage illegal acts such as money laundering from happening and to deter the criminals from even thinking about committing the crime. Woods (1998) stated that money laundering was not a criminal offense at the time the Bank Secrecy Act was passed. The act provides information on the movement of money through financial institutions in the United States and it monitors the movement of money into and out of the United States. It requires banks and other financial businesses to help the government in trying to prevent and detect money laundering. The federal government law enforcement agencies use the information gathered through the Bank Secrecy Act to detect criminal activities and regulatory violations. These businesses are required to keep track of all of their cash transactions of ten thousand dollars and more and report them to the IRS within forty five days. These transactions could include anything such as deposits, withdrawals, exchanges, payments, multiple transactions in one day and any cash deposits over the weekend or holidays (Wo ods, 1998). They also have to identify individuals who are requesting these large transactions and keep any records that relate to their transactions.Show MoreRelatedMoney Laundering Essay1211 Words   |  5 PagesAccording to Hopton (2009), money laundering tends to allocate dirty money around the world on the basis of avoiding national controls and therefore tainted money tends to flow to countries with less stringent controls. Money laundering has a major affect on the businesses that were used for the crime. The integrity of the bank and their financial services are depended heavily on professionalism and ethical standards. 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Money laundering is when funds from criminal activity are converted into â€Å"clean money† and cannot be traced back to the criminal activity. The goal is to conceal the criminal activity and the criminals involved. One of the main reasons people commit criminal acts is to make money off of it. Money laundering allows criminals to enjoy these illegal proceeds without law enforcement noticing. 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He persuaded clients/investors to purchase hundreds of millions of dollarsRead MoreAnti-Money Laundering Mantas Solutions7570 Words   |  31 Pagesfinancial institutions worldwide with analytic applications that concentrate on risk management, performance management, fraud detection and operational analysis needs to improve business. The company primarily focuses on enterprise-wide anti-money laundering, surveillance and trading compliance software. Some of the companies that Mantas provides its services to include: ABN Amro, Barclays Capital, Charles Schwab, Citibank and Merrill Lynch. These companies receive solutions that address theirRead MoreBusiness Fraud: Pyramid Schemes, Tax Fraud and Money Laundering1682 Words   |  7 PagesUK reports businesses of all sizes are vulnerable to fraud and as much as 25% of SMEs in the UK fall victim to fraudsters (Action Fraud). This paper discusses three common types of business fraud, which include Pyramid schemes, tax fraud and money laundering. Business fraud is highlighted by illegal and unethical business behavior which is very serious in the business world and calls for very punitive measures like lengthy jail sentences, being blacklisted in business and end to very promising careersRead MoreEssay about The United States Law Enforcement and Money Laundering1932 Words   |  8 Pageswithout being exposed? If a criminal wants to enjoy his money successfully, he knows he has to hide the true proceeding of his wealth. Since criminals began doing misdeeds for money, there have been ways to disguise the real origins of the profits. For example, the famous Al Capone was so careful hiding the true proceedings of his criminal activities that the police could only arrest him for tax evasion charges, now considered money laundering, too. It was not until the late 20th century that a formal

Democracy A System Of Government - 849 Words

Jacqueline Mora Elizabeth Olmos English 101 Unit 2 Rough Draft Democracy Democracy is â€Å"a system of government in which power is vested in the people, who rule either directly or through freely elected representatives†. It is the way that the people have a say on how they want the government to be ran. It gives citizen the voice and the right to speak up for change and wants. Democracy is a governmental system to help those who are in greater need. Democracy is ran by checks and balances because people are empowered to the same rights no one is higher or lower than another. The voice of the people are heard versus of those few who have special interest. The driving force behind democracy is for the people to have a say in what law is†¦show more content†¦When in reality, we the people elect someone to represent us. Those elected by the people to represent then make decisions based on what is best for the people. While they re term is temporary, their decisions in office often impact the nation for years to come. The United States is in between pure democracy and republic, but it contains aspects of both. Having a democracy, benefits the people by empowering individual practices, as Cornel West states, how Emerson views were, â€Å"to be a democratic individual is to be flexible and build, rescissory and reformational in one’s dealings with fellow citizens and the world, not adhering to comfortable dogmas or right party lines†(116-117). It is all about self-reliant upon your decisions and choices in a democracy. Without this, a democracy would rely on the power and control of others. A new democracy requires new outlooks, new visions, and mind sets for it to be successful. The constituents of a nation get to chose what they want to see in their leader, and there are many benefits from a democratic nation. The people force change through the involvement of the public, and surrounding communities. This voluntary involvement shows that the people have power and knowledge and deserve to be treated with such standards. Individual involvement is important as it shapes the way we understand democracy today,

Biology Essay - 3361 Words

Biology: Concepts and Connections, 6e (Campbell) Chapter 12 DNA Technology and Genomics Multiple-Choice Questions 1) When DNA fingerprinting was first used, A) genetic evidence was collected using only DNA from blood. B) blood samples from theGenomic libraries can be constructed using either bacterial plasmids or what other vector? crime scene were used to match the blood of a person who confessed. C) the two semen samples did not match the person who initially confessed. D) genetic testing revealed that the two murdered girls were killed by two different people. E) the DNA evidence was not convincing enough to convict the suspect. Answer: C Topic: Opening†¦show more content†¦C) is cultured inside the human cell, which contains the gene to be cloned. D) is used to insert the human gene into the bacterial chromosome. E) comes from the same organism as the gene of interest. Answer: A Topic: 12.1 Skill: Factual Recall 6) DNA ligase binds A) exons together. B) polymerase to the promotor. C) nucleotides together. D) introns together. E) an intron to an exon. Answer: C Topic: 12.1 Skill: Factual Recall 7) When plasmids are used to produce a desired protein, A) the plasmids are inserted into the bacterial chromosome. B) the plasmids multiply and produce the protein outside of the bacterium. C) the bacterial chromosome is genetically engineered and the plasmid is used to help the bacterium replicate. D) the desired gene is inserted into the plasmid and the plasmid is returned to the bacterium by transformation. E) the bacterial genome and plasmid are inserted into the genome of the cell containing the desired gene (perhaps the cell of a plant or animal). Answer: D Topic: 12.1 Skill: Factual Recall 8) ________ are a major source of restriction enzymes. A) Chief cells B) DNA technologies C) Parietal cells D) Archaea E) BacteriaShow MoreRelatedA General Overview of Biology607 Words   |  2 PagesBiology What is Biology? Biology is the scientific study of living things and their vital processes. There are more than 10 million species of living things on Earth. They range from microscopic bacteria to huge blue what and towering redwood trees. Living things vary from where and how they live. Types of Biology Biology is a broad subject and that is why it is subdivided into separate branches for convenience of study. The four main subdivided branches are: ï‚ ³ Botany-the study of plants Read MoreBiology Final Paper : Biology1909 Words   |  8 Pagesgrandfather had to endure. When learning about Biology in high school I really enjoyed the subject and found that I had a natural talent in the subject. I took standard and AP biology and excelled in both, I began finding myself to be very intrigued by the subject, and the study of the human body and learned about the difference between plant, animal and human cells, their structure and function. My favorite thing that we learned about in biology was discovering the way our bodies react to differentRead MoreBiology2708 Words   |  11 PagesLaboratory Exercise #8 DNA Fingerprinting: Identification of DNA Restriction Fragmentation Patterns I. Introduction All humans have in common the coding sequences of their DNA, but, unless you are an identical twin, the non-coding sequences of your DNA are like no other person’s on the planet. The bulk of human DNA does not code for specific genes and is highly repetitive. A British geneticist, Alec Jefferies, developed laboratory techniques in 1984 that became known as DNA fingerprintingRead MoreWildlife Conservation and Biology Essay1571 Words   |  7 Pagesanimals as their everyday life. I should be a wildlife biologist so I can study land mammals. Wildlife biology is a field of biology in which land animals are studied. It deals with all animals with backbones and studies individual species of wildlife, their habitats, and surrounding ecosystems (Fitzgerald). It also studies how animals may interact with their ecosystem. Without wildlife biology we would not have extensive knowledge of other animal species, and how they could be linked to humans.Read MoreA Research Study On Synthetic Biology1324 Words   |  6 Pages2.1 Fundamental research Synthetic biology has a lot to offer in fundamental research. Starting from the most well characterised laboratory organism, E.coli, we are still in half way from full knowledge of understanding the function of all its genes as the functions of 20% of them are still to be identified (Keseler et al., 2011). Moreover there are many more other microorganisms with great importance which are even less-well understood. 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I believe that a doctoral degree from Icahn’s School, Mount Sinai will help me achieve my

Cloning Animals Essay Research Paper free essay sample

Cloning Animals Essay, Research Paper # 65279 ; The cloning of animate beings will be good to human existences inthe near future. Experiments in cloning animate beings started in theearly nine-teen-fifties. Over the following 40 old ages, scientistswere merely able to clone animate beings from really immature embryologic cells. When these scientists tried to utilize older cells for cloning, theydid non acquire normal consequences. This led many scientists to believethat animate beings could non be cloned from grownup cells. ( Pennisi, 1997 ) However, this all changed in the Summer of 1995 with the birth oftwo lambs, Megan and Morag, at the Roslin Institute in Scotland. The birth of these two lambs led to one of the most astoundingbreakthroughs in scientific history, the birth of a lamb namedDolly. Megan and Morag were two lambs carried to term by a surrogatemother. However, Megan and Morag were non produced by normalbiological methods. Their familial codification came from the cells of anine-day-year old embryo. We will write a custom essay sample on Cloning Animals Essay Research Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Thus, Megan and Morag were geneticcopies, or ringers of this embryo. The key to this cloning was aprocess called atomic transportation. This procedure requires the usage oftwo cells, the giver cell and the receiver cell. The recipientcell is normally an unfertilised egg. Research workers at the RoslinInstitute used microscopic instruments, like a micro pipette, toextract all of the chromosomes from the receiver cell. Therecipient cell was so fused to the giver cell and placed into thesurrogate female parent. The birth of Megan and Morag was a tremendousbreakthrough because these scientists proved that older cells couldbe genetically reprogrammed to move like cells in an early embryonicstage. ( Wilmut, 1998 ) The research that went into the development of Megan and Morageventually led to the birth of the first mammal cloned from anadult mammal. To carry through this, the research squad at the Roslininstitute used cells removed from a six-year-old Ewe s bag. These cells were so depriv ed of any nutrition, which forced thegenes to go inactive. The research workers did this because theywanted the cell-cycle phase of the receiver to be the same as thedonor s cell-cycle phase. The research workers so performed thenuclear transportation and tried to excite the inactivated cistrons tostart to develop into a new lamb. Merely one out of two-hundred and 77 eggs produced a healthy lamb, which was named Dolly. The difference between the cloning of Megan and Morag and thecloning of Dolly is that Megan and Morag were cloned from a youngcell, while Dolly was cloned from an adult cell. This was thefirst time that an animal had ever been cloned from and adult cell. Thus, proving the theory, that an animal could not be cloned froman adult cell, was wrong. (Pennisi, 1997) The birth of Dolly, which was in February of 1997, has led toincreased research and development into the cloning of animals. OnWednesday, the eighth, the Washington Post printed an article whichstated that Japanese researchers had cloned eight calves from oneadult cow. This achievement is a big improvement over Dollybecause eight calves were born from ten attempts, while Dolly wasthe only successful birth out of two-hundred and seventy-seveneggs. These calves were cloned from cells taken form a cow sovaries and fallopian tubes. The cells that were taken from thefallopian tub es were a kind of cell that had never been used forcloning before. The cloning of these calves is big news becausecows are one of the most commercially important animals. Thecloning of cows will allow for an easier way of expanding the herdsand developing cows to produce more and better milk. (Weiss, 1998) The cloning of animals will be a very important part of ourfuture, especially the animals that we rely on. One way thatcloning animals will be important to us is that only the best ofeach type of animal that we rely on, like cows that produce qualitybeef and milk, would be cloned. Thus reducing the possibility ofdisease carried in these animals, like mad cow disease. A secondway that cloning would be beneficial to us, is that once scientistsfigure out how to add other beneficial characteristics to a donorcell, then animals could be genetically engineered to be resistantto all forms of disease. These animals could also be engineered tobe able to donate organs to humans. In the case of cows, theycould be developed to produce medicines in their milk that would bebeneficial to humans. Researchers at the Roslin institute arealready working on cloning sheep with a gene that would allow thesheep to produce milk that contains a beneficial protein thathemophiliacs use to aid in allowing their blood to clot. (Pennisi,1997)

Cybernetic model

Introduction The term cybernetic describes the recent advancements in information science and the consideration of how the systems work. Cybernetic describes a complex type of information broadcast and the operations associated with the modern computers. The cybernetic models have advanced beyond the simpler models in a variety of ways. They are somewhat more complex and they identify a larger number of variables as compared to the simpler models (Mullen Johnson, 1990).Advertising We will write a custom research paper sample on Cybernetic model specifically for you for only $16.05 $11/page Learn More How leaders could function in a more cybernetic fashion According to Morrill (2010), a cybernetic leadership is compared to a self regulatory system that routinely regulates the activities it manages (p. 33). Burnbaum uses a thermostat to demonstrate the working of a cybernetic system. Burnbaum explains that the thermostat maintains room temperature by auto matically adjusting its heating system. When this idea translates to organizational leadership, it can be noted that each area of the administration employs a set of what might be termed as regulators in order to control its operations. For example in a case where one of the departments overspends, purchase of more products may be limited until necessary adjustments are done to correct the imbalance. If an admissions office fails to hit its annual enrollment target for students, there might be automatic adjustments to allow more transfers. The cybernetic model promotes independence of the various units within an organization. Adopting the cybernetic fashion would mean that leaders would be able to operate more independently and this would be advantageous in the sense that the imperfect operation of one unit would have minimal impact con the organization has whole (Morrill, 2010). How would the various players in shared governance act differently, if they were behaving in a cyberneti c fashion? Cybernetic design would create an environment in which the discrete organizational units have a proportionate amount of influence. The leaders manage the units as separate cognitive frames elicited by control mechanisms that balance their operations. The integration of a cybernetic fashion would create a form of leadership that only responds to indicators of operational difficulties but with limited capacity to implement new possibilities that could inspire other leaders to take a new direction in response to change. The leaders develop a cognitive insight and wise counsel regarding administrative techniques rather than the leadership process (Morrill, 2010). What are the benefits of moving toward a more cybernetic model? The cybernetic model tends to build on the collective behavior of a set of organizational units and the interaction between the unsophisticated entities. It recognizes that intricate group behavior does not need a function of complex individual behavior. Smith (2004) explains that the cybernetic fashion functions most efficiently with an open systems methodology.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More It promotes two-way communication between the organization and its internal as well as external environment, hence facilitates the organizational efforts toward attaining its objectives (p. 243). The approaches adopted by the units are constantly adjusted according to the feedbacks obtained from the public. Another significant benefit of moving towards a more cybernetic model is that it has simpler techniques of controlling and harmonizing internal organizational processes in a more systemic design with respect to delivering particular systemic goals. The cybernetic fashion also simplifies the assessment and examination of the components of a given system or organizational units and makes it easier for individuals and leader s to understand how the entire system operates (Smith, 2004). What are the positive and negative aspects of working more cybernetically? Cybernetic systems make use of computers and sophisticated technological approaches that constantly provide new techniques of computation and information processing. The systems contain a vibrant proportion of intelligence. For example telephone networks, radar systems, programmable disks and communication systems, all reveal the potential to process information and execute particular commands. They utilize self regulating methods that work within predefined limits to perform predefined tasks (Smith, 2004). Another positive aspect is that the cybernetic operation enables establishment of various profitable relationships between units. The various components are able to work as a single unit. The collectivity provides a good platform for creativity and supportive explorations which facilitate developments and enhance organizational capabilities. It also provides a secure base for the emergence and development of constructive ideas that help in handling circumstances from different angles. On the other hand, a typical cybernetic system has three essential elements which include the sensor, comparator and an activator. The sensor is charged with the task of sensing the factors about the environment such as the internal state of the components. The comparator uses the feedback from the sensor determines whether there is a need for change. The activator then responds by activating the change if there is a need. The operation of these three elements may sometimes take longer than expected to realize certain objectives. Negative feedbacks may lead to adaptive behavior and there may be an attempt to sustain the same conditions. Another negative aspect is that the technological progress that accompanies the cybernetic system may be so demanding on the individuals and workers within an organization. It may create an increased demand fo r the managers. For example, apart from the normal managerial activities of the manager, the manager may be expected to type, receive and send emails which may lead to considerable deterioration of the services offered (Morril, 2010).Advertising We will write a custom research paper sample on Cybernetic model specifically for you for only $16.05 $11/page Learn More References Morrill, R.L. (2010). Strategic leadership: Integrating strategy and leadership in colleges and universities. Maryland: Rowman Littlefield. pp.32-48. Mullen, B., Johnson, C. (1990). The psychology of consumer behavior. London: Routledge. pp.6-20. Smith, R.D. (2004). Strategic planning for public relations applied psychology series (2nd ed.). London: Routledge. pp.241-310. This research paper on Cybernetic model was written and submitted by user Kiara Prince to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Labor Relations,Unions and Organization

Labor Relations,Unions and Organization Free Online Research Papers In today’s business market, some of the employees in the workplace either belong to a union organization, or are seeking to organize one, especially in the state of California. In many cases this idea is not the employer list of main concerns. Employees are always looking to obtain the best possible benefit when becomes to work efforts. Employees want to be able to select jobs, negotiate pay, benefits, working hours, and working conditions (Noe, Hollenbeck, Gerhert, and Wright, 2009). When employees are seeking of all these working conditions terms, and employees believe that are not being hear by the management team, employees will look for other alternatives such as coming together to form, or be part of a union organization. The constant balancing act between the needs of the employee and the goals and needs of the company are a fine line. Each of these should be protected and preserved. The purpose of this paper is to define unions, labor relations, and the impact on organ izations. The paper will then examine the impact of changes in employee relations strategies, policies, and practices on organizational performance. Last, describe if unions are still relevant in the United States. Unions, labor relations, and their impact on the organizations Unions Union is defined as an organization formed to represent its member’s interest, and deals with the employers to achieve these interests (Noe, Hollenbeck, Gerhert, and Wright, 2009). Some of the union roles is to deal with problems when is a conflict between the employees and the employers. An example of this occurs when employees believe that are not being paid the right amount of money for the job performed, employees believe that they have been exposed to a non-safety working environment, and employees do not have access to enough benefits. When the employees have exposed these concerns to the employer, and the employer’s response is without feedback from the employee, the employees will believe that the staff’s concerns were not given enough consideration from the manager side of view. Therefore, union organizations will step in to assist. Unions will deal with the employer, and try to accommodate the employees concerns within the organization. Labor Relations Labor relations can be defined as relations between company management and staff. Labor relations are also referred to as industrial relations. Personnel or a group of workers are represented by trade unions. Labor relations with unions can take place on a variety of different levels from regional and national to an international stage. The main challenge is the labor relations ability to adapt to changes in the market. Technology develops at a rapid rate as should the relationship between union workers and management. Labor relations is considered the management skills of a union leader who are used on effective ways to minimize expenses on conflicts such as strikes, and work to accomplish a win-win situation for any disagreement (Noe, Hollenbeck, Gerhert, and Wright, 2009). Strikes can be very cost-effective for the patties involved. Without any lead on a situation like this, the results could be very unsatisfactory. Leaders are seeking for the best solution that will meet the empl oyee’s interests. Impacts on the Organizations Unions and labor relations have caused some negative impacts within the organization. Unions are not cost-effective to the organization. Some organizations try to avoid union organizations in the workplace by providing and meeting employee’s interests. Once a union has started within a company, the union will weave itself into every part of the organization as it pertains to the employee while the mother company has no control over that entity as to where the union ends and the company begin. However, some of these interests are not reachable, and occur when the conflict between employees and employers begins. Changes in employee relations strategies, policies, and organizational performance Some of the impact changes in employee relation strategies are that management will make decisions within the organization with employees who are part of union organizations or are not. The organization’s policies and procedures will be followed the same to accomplish the organization’s goals and objectives. The organizational performance is measured to accomplish the same goals. Companies are concerned about union organization’s activities and how they will affect the performance and impact profit, productivity and stock performance (Noe, Hollenbeck, Gerhert, and Wright, 2009). â€Å"Are the unions still relevant in the United States?† Unions are still relevant in the United States organizations. This is an every day debate between the workforce and organizations. The workforce is always looking on how to accomplish the best employee’s interest in the workplace, and organizations are always finding how to keep unions off in the workplace. Unions as was mentioned are organizations that deal with employers in any union’s members concerns. Unions help its members on different ways. Unions are responsible for campaigns and elections. These campaigns and elections are performed to support and re-enforce the union organizations. Unions are responsible to negotiate contracts. In these contracts decisions such as: pay structure, job security, work rules, and workplace safety are discussed and negotiated. Employers and employees are part of the terms and are affected by these contracts (Noe, Hollenbeck, Gerhert, and Wright, 2009). If the contract is violated, or it was a disagreement of terms between the two parties, the unions will form a union strike to fight for the employees rights. An example of this event is at the San Francisco’s California Pacific Medical Center. This hospital had been on strike from union workers for several weeks. This strike was caused by the rejection of the management contract and violations of the guidelines of a settlement. The contract was based on three terms. First, allow third party arbitration to assist employee’s concerns. Second, set up union organization’s rules. Third, establish terms of training and education firms for union members. The strike continued until an agreement between the unions and organization parties were convened by civic leaders as the mediator (Colliver, 2005). Conclusion In conclusion, unions are organizations that seek employee’s interest and concerns in the workplace. Unions are brought to the workplace to develop a labor relation. This will cause an impact to any organization. Unions are still relevant in the United States. Therefore, organizations try to keep out unions in general by providing for the employees needs. The key strategy in providing for the employees needs is to provide clear and open communications between management and staff to be able to address the employees concerns as they arise. References Raymond Andrew Noe, John R. Hollenbeck, Barry Gerhert, Patrick M. Wright. (2009). Trends in Human Resources Management. (3 ed.). The McGraw-Hill Companies Colliver, V. (2005) Hospital Workers set day to strike at St Luke’s. San Francisco Chronicle. Retrieved November 25, 2005 from: www.sfgate.com Research Papers on Labor Relations,Unions and OrganizationTwilight of the UAWAnalysis of Ebay Expanding into AsiaThe Project Managment Office SystemPETSTEL analysis of IndiaResearch Process Part OneNever Been Kicked Out of a Place This NiceMarketing of Lifeboy Soap A Unilever ProductBionic Assembly System: A New Concept of SelfIncorporating Risk and Uncertainty Factor in CapitalPersonal Experience with Teen Pregnancy

Impact of Telephone Technology on Society Research Paper

Impact of Telephone Technology on Society - Research Paper Example Specifically, the upsurge in 3G connections, sustained by the production of the current data-enabled devices which permit mobile internet connectivity, caused a huge growth in mobile data use. Currently, an examination of the economic influence of this technological transformation has been restricted by data availability. However, Van (2012) used VNI Index data of Cisco for 14 nations to investigate this concern and he found a strong relationship existed between economic growth and mobile data usage per 3G connection. Van also asserts that doubling the use of mobile data causes the GDP per capita to increase by 0.5 percentage points. Although the effects of telephone have fully been realized in developed markets, telephone technology continues to offer strongly assist developing markets. Issa, Isaias & Kommers (2013) who measured the influence of ‘simple’ telephone penetration on Total Factor Productivity of a nation – a parameter of economic productivity which al ways reflects the technological dynamism of an economy – found out that an increase of 10% in telephone penetration upsurges Total Factor Productivity by 4.2% in long run. Telephone technologies add considerably to GDP growth. It is projected that the technology will occasion a 1.8% GDP growth in UK and 24.9% GDP growth in Egypt across 2010-2020. Again, Issa, Isaias & Kommers (2013) claim that the impact will be great in developing nations. They claim that the impact of increasing phone subscriptions, across 10 nations.

Answering Questions 1 Research Paper Example | Topics and Well Written Essays - 500 words

Answering Questions 1 - Research Paper Example Not only are they fundamental to him, but through his shared thoughts, the world is made aware of the effects of imperialism; the misfortune that inferior human races are made to go through against their own will, the slow death that faces innocent civilians who are made to bow to their colonial masters all in the name of political imprisonment and consequent incarceration. This is evident when the author recurs that â€Å"†¦but in reality, I was only an absurd puppet pushed to and fro by the will of those yellow faces behind†¦Ã¢â‚¬  critically analyzing this quote brings out the significance of the dying elephant in compiling of Orwell’s thesis. The elephant is used as an eye opener to enlighten the sub divisional police of the plight of the oppressed civilians. All along the officer is being driven by emotions and a subconscious mind which turns him into a puppet of his own self. Whereas he is subtle that the elephant has cooled down its temper, he is unsure of what step to take. He is more concerned with what the natives will have to say behind his back. In addition, the author is unsure of the impression he would create on the faces of the two thousand people behind his back. Though his motive was not to kill the elephant because it will be a big loss to the owner, he is driven by the unconscious thought of being a super hero. The author is more focused on portraying dominance over his subjects and that deters him from taking a second thought on shooting the elephant. That is the same way the colonial masters impose imperialism to unsuspecting police officers by turning them into their puppets. At first the author is content about his job. He fails to realize that he is a puppet being manipulated by the European government. His eyes are misted and his heart is too roughed up to understand the feelings of the Burma’s.

Overview Of The Water Purifier Industry Environmental Sciences Essay

Overview Of The Water Purifier Industry Environmental Sciences Essay Approximately 80% of diseases in India are caused by water borne micro organisms. This is true in rural as well as urban India. However, awareness of health risks linked to unsafe water is still very low among the rural population. The few who treat water resort to boiling or use domestic candle filters. In comparison, the urban Indian is definitely more health conscious and understands the necessity of purifying water before it is fit for consumption. Even so, it is estimated that roughly 7% of urban Indians use non manual water purifiers. More Indians need to become aware of the importance of installing drinking water purifiers. There remains a huge untapped market. Though quite a few city dwellers still boil water, many are switching over to modern domestic water purifiers. Electrical or chemical based home water purification systems are most suitable for urban households because they require little or no manual operation and depending on the technology can eliminate biological contaminants, chemical toxins and excessive salts. The main contaminants are, however, micro organisms. UV purifiers and advanced chemical based systems deal effectively with viruses, giardia and bacteria. This is one of the reasons why UV and resin based purifiers are the most widely used water purifiers in India today. It is estimated that around 80% of urban dwellers do not purify tap water. Many of them are from the lower income strata and cannot afford UV or reverse osmosis water purification systems. They are the potential buyers of economical but effective chemical purifiers. This is the market that Eureka Forbes and Hindustan Unilever are tapping aggressively. Chemical based purifiers, Aquasure and Pureit, together account for 20% of water purifiers sold. Both are becoming increasingly popular because they are effective and affordable. The two brands are reported to be growing at 100 percent per annum. Also, they do not run on electricity and are ideal for locations where power supply is unpredictable. Neither do they demand continuous water supply. Power and water are still scarce even in urban India. It is estimated that roughly two thirds of the existing water purification market belongs to UV water purifiers and one third is shared between reverse osmosis purification systems and chemical purifiers. In the UV purifier segment, Eureka Forbes Aquaguard is the clear market leader with approximately 68% market share. Other brands include Philips Intelligent Water Purifier and Kents UV purifier. The UV purifier market is estimated to be growing at a lower rate than the chemical based segment. Reverse osmosis purifiers, which are rather expensive and not the preferred option in many areas, have a smaller share of the market when compared with UV purifiers and chemical based systems. In the reverse osmosis segment, Eureka Forbes is again the major player with 60% share. A major portion of the remaining 40% belongs to Kent reverse osmosis Systems. That the Indian market has tremendous potential is evident from the fact that global majors such as Philips and Hindustan Lever have stepped in and are looking to increase their share of the market. The three principal players today are Eureka Forbes, Hindustan Lever and Philips. In the years to come, we are likely to see others entering the fray Water purifiers are one of the most used kitchen utilities Available in India. Water Purification and Backpacking is an industry in itself in India. Portable versions of Water Purifiers are available for Camping and Hiking. Water Purification Methods include the mechanized versions as well as the age-old and time-tested Water Purification Tablets. The Water Purification Process includes removing contaminants from the raw water source. Some of the home remedies for Water Purification are boiling or the use of the household charcoal filter. But these do not ensure the required standard of Water Purification thus a proper treatment is mandatory. Thats where the Water Purifiers For Home step in. treatment of water by ozone also provides certain levels of purity. Utilizing the advanced technology and machines, we offer water purifiers, which are widely used for the domestic water purification. It makes the water suitable for drinking and everyday usage like drinking, bathing, cooking and washing etc Features Low maintenance No Chemicals Compact Light Weight Eco Friendly Easy Handling Available 250 Liters per hour 500 Liters per hour 1000 Liters per hour Chapter 2 Various technology used by different water purifier Activated Carbon (AC). Activated carbon (AC) is particles of carbon that have been treated to increase their surface area and increase their ability to adsorb a wide range of contaminants activated carbon is particularly good at adsorbing organic compounds.   We will find two basic kinds of carbon filters Granular Activated Carbon (GAC) and Solid Block Activated Carbon (SBAC).   Contaminant reduction in AC filters takes place by two processes, physical removal of contaminant particles, blocking any that are too large to pass through the pores (obviously, filters with smaller pores are more effective), and a process called adsorption by which a variety of dissolved contaminants are attracted to and held (adsorbed) on the surface of the carbon particles. The characteristics of the carbon material (particle and pore size, surface area, surface chemistry, density, and hardness) influence the efficiency of adsorption. Reverse Osmosis (RO)- Diffusion is the movement of molecules from a region of higher concentration to a region of lower concentration. Osmosis is a special case of diffusion in which the molecules are water and the concentration gradient occurs across a semipermeable membrane. The semipermeable membrane allows the passage of water, but not ions (e.g., Na+, Ca2+, Cl-) or larger molecules (e.g., glucose, urea, bacteria). Diffusion and osmosis are thermodynamically favorable and will continue until equilibrium is reached. Osmosis can be slowed, stopped, or even reversed if sufficient pressure is applied to the membrane from the concentrated side of the membrane. Reverse osmosis occurs when the water is moved across the membrane against the concentration gradient, from lower concentration to higher concentration. To illustrate, imagine a semipermeable membrane with fresh water on one side and a concentrated aqueous solution on the other side. If normal osmosis takes place, the fresh water will cross the membrane to dilute the concentrated solution. In reverse osmosis, pressure is exerted on the side with the concentrated solution to force the water molecules across the membrane to the fresh water side. Reverse osmosis is often used in commercial and residential water filtration. It is also one of the methods used to desalinate seawater. Sometimes reverse osmosis is used to purify liquids in which water is an undesirable impurity (e.g., ethanol). For example Kent RO is present in the market Ultraviolet Radiation (UV)- Ultraviolet purification uses a UV light source (lamp) which is enclosed in a protective transparent sleeve (usually quartz). The lamp is mounted such that water passing through a flow chamber is exposed to the UV-C light rays. When harmful microbes are exposed to the UV rays, their nucleic acid absorbs the UV energy, which then scrambles the DNA structure of the organism. The cell is rendered sterile and can no longer reproduce. The cell is now considered dead and is no longer a threat. UV treatment is an excellent choice to eliminate biological contamination from most home drinking water, whether your home is on a municipal water system or untreated private system (well, lake water, etc.). Its sole purpose is to kill harmful biological contaminants, and therefore should always be combined with other forms of filtration (GAC / carbon block, KDF, or reverse osmosis) for reduction of heavy metals, chlorine, VOCs, and other chemical contaminants. Ion Exchange (IEX) -Most popular Ion exchange (IEX) media in POU for heavy metals reduction is ATS or ATC media, zeolite etc. Various IEX resins are often used for industrial processes for specific water use. Ion exchange theory in layman language is simply gaining and loosing atoms (swapping atoms). In drinking water for example soluble lead is a positive ion whilst chlorine is a negative ion (cat ions+, anions-). Most common ion exchange in rural area is Softener. Another popular often called redox technology. is IEX media used in POU is KDF 55 (copper zinc alloy in granule form) for its high chlorine reduction. By simply swapping atoms this metal alloy turns chlorine into harmless chloride. Many POU makers using this alloy claim soluble lead reduction, bacteriostatic proprieties, some go as far as cysts and bacteria removal and a host of other miracles. KDF 55 is widely use for shower and garden filters which are impressively compact and effective de-chlorinator Chapter 3 Water Purifier Companies in India The main Manufacturers of the water purifiers are following Eureka Forbes Philips Kent Usha Brita Jaipan Kenstar Maharaja Whiteline Orpat Zero B . Chapter 4 On the basis of Porter 5 force model we can analysis the water purifier industry Competition in the market Porters 5 force Model for water purifier industry Threat of new Entrants- High Market entry barrier is not high. Brand Identity. Low cost of capital imposes a Low entry barrier. High RD cost. Market Exit Barrier is also not so high. Intensity of Rivalry among existing Competitors- Very High Customer loyalty is very capricious. Entry level Advertisement war in water purifiers. Low profit margins. Perceived lack of differentiation in technologies by customer. Pressure from Substitute product Medium Packaged drinking water. Ground water / Municipal Supplies. Chemical distributed by government to clean water. Boiled water Bargaining power of Suppliers -High Suppliers product is an important input to the buyers business. Number of suppliers are also few. Supplier to buyer ratio. Bargaining power of Buyers-High Customers are price sensitive. Spreading towards rural areas with increased awareness and health Consciousness Chapter 5 Target Customers Water purifier industry is focusing on middle class of the society because this class is educated and enough money to buy the products. Companies have to work less to sell their products to consumers. If company starts focusing on rural area it very difficult to tell them what are the benefits of water purifier. Company have to do lots of effort to sell their products. by this way the sale will be very less. With increasing number of people becoming conscious of the risks of drinking contaminated water, the demand for water purifiers is rising rapidly. In the past few years, Indian water purifier industry has witnessed an exponential growth of 22% CAGR. The water purifier industry sales grew dramatically during 2009 as compared to previous fiscals due to improving demand and expanding production capacity. The industry saw high growth of rate 17% during 2008 due to the increasing awareness for safe drinking water. The UV segment, which constitutes more than 55% of the industry and is a key focus area for water purifier manufacturers, due to the higher margins it offers, is expected to continue its rapid growth. According to Research, Indian Water Purifier industry will continue its growth trajectory and is expected to witness a turnover growth of more than 22% CAGR during the period between 2011 and to 2014. To get high sales in market the companies have to differentiate their products from other products present in market. Lot of advertisement should be done to boost the sale of product. Free samples of water purifier should be installed in some houses to show the efficiency and effectiveness of product. CONCLUSION There are number of water purifiers players are present in the market. There is also huge rise in demand of water purifier in market because increase in awareness of general public. To grab the market, companies need to heavily advertise and make their product differentiate. So that general public can attract toward their product. From Proter 5 force therom, it easier to start company of water purifier. Target customers are the middle class of society. The industry should focus on the middle class of society to increase their sales and revenue.

It’s Time to Toughen the Laws on Teen Drivers :: Argumentative Persuasive Essays

It’s Time to Toughen the Laws on Teen Drivers      Ã‚  Ã‚  Ã‚   Turning sixteen years old in teenagers' lives is an exciting event. It allows them to get a drivers license and is a big step towards adulthood.   With this, it gives them freedom and control over something they have never experienced before.   In most cases, people stress about gangs, drugs, and violence in our communities as a big result of teenage deaths, but the leading causes of accidents today are teenage drivers, especially sixteen and seventeen year olds.   Maria Purdy, an author for "Teen Magazine", writes about statistics with young teenage drivers.   She sites that, "To equal the number of youths killed in motor vehicle crashes in 1995, a plane with 520 people on board would have to crash with no survivors once a month for a full year" (online).   Legislators should pass a law changing the drivers licensing age to eighteen instead of sixteen.   By doing this, it could decrease driving problems we face today.   Ã‚  Ã‚  Ã‚   In most European Countries, teenagers aren't able to earn a license until they are at least seventeen or eighteen years old.   There have been less fatal crashes among teens in these countries because of this.   Cheryl Tevis who wrote an article in the "Successful Farming" magazine, writes about American teenagers compared to other teenagers around the world.   She states that "American teens drive at an earlier age than those in most countries" (online).   This is not surprising to me since there are some states that have allowed teenagers to drive at age fourteen in some circumstances.   Ã‚  Ã‚  Ã‚   For the most part, sixteen and seventeen year olds don't realize the importance and responsibility that comes when getting a drivers license.   They feel it is something to play around with and don't take it seriously.   For instance, immaturity is a cause of being   irresponsible.   Because of this there are many accidents that happen that could have been prevented.   Allan F. Williams, an author for "Public Health Reports" writes about the characteristics all teenagers have in common.   He observes that "Qualities generally associated with immaturity (such as chance taking, testing limits, poor decision-making, overconfidence) are associated with the more risky driving styles characteristic of teenage drivers" (online).   Almost half of the accidents today caused by teenagers were linked to peer pressure and immaturity.   Ã‚  Ã‚  Ã‚   Often, in teenagers' lives, they look towards their friends for advice and guidance rather than their teachers, parents, and others.