Paraphrasing and Summarizing Essay

Paraphrasing is restating someone else’s ideas in your own words while providing proper in-text citations and references to acknowledge the original source, and let the readers know that the idea is not yours. It plays an important role in academic documents, legal documents, articles journals, etc. It requires crucial thinking, understanding and writing skills to rephrase a document in your own words.| paraphrasing reflects the understanding of a person rather than the writer who has presented the original work. Moreoever, a good quality paraphrased version of a work can be more concise and yet thorough than the original piece of writing. A summary is a concise version of a long detailed text while keeping the context clear. A summary can also be called an abstract, synopsis, executive summary or recap of the original. It highlights the main points of the original text, but it is smaller than the main article. Without summaries, a reader would have to read the entire text that definitely needs a lot of time. Instructions Summarizing 1. Read the original text straight through, quickly but thoroughly. 2. Reread the original material, highlight ideas that stand out to you as being important, and underline key terms. 3. Break the text into sections, with each conveying one of the author’s main points. The goal of a summary is to express the central ideas of the original work, leaving out secondary material. 4. Write your summary in sentence form, using the main points and key terms as the muscle of your summary. Try to keep the ideas in your summary organized in the same sequence as in the original text. 5. Compare the original text to your summary to ensure you have covered the main ideas and haven’t left out any key terms. Paraphrasing 1. Read the original text straight through, quickly but thoroughly. 2. Reread the original material, taking note of the concept the author is trying to convey. 3. Express the text in your own words without changing the author’s meaning. The goal of a paraphrase is to rewrite the original text without leaving out anything of substance. 4. Compare the original text to your paraphrase to ensure you have captured the essence of the author’s ideas and have not quoted the text directly. The paraphrase must be written with language and sentence structure entirely your own.

Epistemology and Knowledge Essay

Epistemology, or the study of knowledge, requires the scholar analyze the what, how, and why’s of their own knowledge. Asking these questions of themselves is essentially applying that which they have learned. There are different origins of knowledge as conceptualized by philosophers, educators, and scientists. Early philosophers defined knowledge as â€Å"justified true belief† (Cooper, pg. 23). In order for an individual to know something it must be true, he or she must believe it, and the belief in it must be justified or rationally reasonable. Later, early modern philosophers required knowledge to be proven and absolute. The scientific method was employed to provide proof for ideas and beliefs. The means by which knowledge is acquired varies. Feldman cites sources of knowledge as perception, expert testimony, memory, reasoning, and introspection (Feldman, 2003). As an educator, instructing primary age students on a daily basis, I must not only have great insight into what I believe, but I also must have insight into my student’s knowledge as well. Instructors need to know a number of things about their students, such as: Do the students have adequate prior knowledge to understand the new material being presented? Are the students sufficiently motivated to engage in the cognitive tasks required of them? Does the information fit an existing scheme of knowledge or will it require some alteration of current understanding? Understanding what my student know and at what depth they are able to apply that knowledge guides my instruction. My natural curiosity, a natural inclination for question, and a need for answers motivate the search for explanations. Knowledge and wisdom give an understanding of our position, role, and function in the world. Achterbergh and Vriens (2002) stated, â€Å"The role of knowledge in generating appropriate actions is that it serves as a background for articulating possible courses of action (articulation), for judging whether courses of action will yielded the intended result and for using this judgment in selecting among them (selection), for deciding how actions should be implemented and for actually implementing action (implementation)† (pg. 223). Knowledge enables interpretation of experiences, predictions of consequences, and provides the ability to make informed decisions. My own personal epistemology is a product of each of these views. Personal experiences have a major influence on beliefs and should be an acceptable source of knowledge but not the only consideration when acquiring knowledge. There is also a place for the scientific method which offers proven data to base knowledge. For me, knowledge is a product of reasoning (Feldman, 2003). I derive knowledge from information imported through different modes and from various sources, such as personal experiences, advice from experts, and data. These inputs of information are cognitively processed and filtered with the reference to past experience and prior knowledge to become new â€Å"justified true beliefs† (Cooper, ). Thus, knowledge acquisition is a process involving the collection of raw data or information, reasoning, and judgment making. For example, after my students have taken a test, I look at the data, think about the patterns in the data, or the lack of a pattern using prior knowledge and experiences as a filter. Finally, I decide what my next step or strategy will be. Do I need to reteach the subject because the pattern suggests that most of my students did not fully understand the skill or concept? Or do I move on to another more complex skill or concept because my students have proven themselves knowledgeable? It is in this way that I acquire knowledge and apply that knowledge to planning lessons for my students. Many of my colleagues rely solely on the scientific method to make decisions in regards to student learning. They are satisfied with looking at a spreadsheet full of data and believe that it tells the complete story in regards to students. They are also under the assumption that scores derived from a series of multiple choice tests given on a set of skills will reveal if a student has acquired the desired knowledge. Basing grades on these tests is also appropriate. I do not believe that this tells the full story of my student’s knowledge. These tests may demonstrate the ability to regurgitate this knowledge within a certain context, but out of this context this may not be true. I do, however, use this data to help inform many of my decisions, however, I do not make decisions based exclusively on this data. There must be a balance  of reasoning, using my 16 years of experiences and training, as well as raw data tells a more complete story of my student’s knowledge and abilities. I have worked for Porterville Unified School District (PUSD), in Porterville, California, my entire career. PUSD’s vision and mission statements read as follows: â€Å"PUSD students will have the skills and knowledge to be prepared for college and career and to make a positive impact in a dynamic global society. The mission of PUSD is to provide students a dynamic, engaging and effective educational experience that prepares them with the skills to be productive citizens in a global society. † As a result, it is perceived that all students will develop and demonstrate â€Å"critical thinking and problem solving skills; cultural awareness and the ability of collaborate with diverse groups; effective communication skills of listening, speaking and writing; creativity and innovation; leadership, self-management and organizational skills obtained through real world applications and community involvement; (and) the ability to navigate the global world of work and further their education (Porterville, 2012). † Porterville Unified (PUSD) has given explicit expectations for what students should know at the end of their educational career with the district, how students get to these end goals is a little less clear and left to the judgment of the teachers. There are some expectations of teachers and lessons presented to students given by the district. Many professional development hours have been spent on instructing teachers about the specific things that administrators will look for as they do brief observations of classroom instruction. The expectations include teaching explicitly to the essential standards; posting of the essential standard being taught; 80% student engagement during the lesson; display of exemplary work; higher order questioning and thinking skills. Administrators collect this data and share it with grade levels and school wide to help teachers focus on areas that are lacking. Administrator walk-throughs give a quick snap shot of the type of teaching and learning taking place during a lesson and they help to build a holistic picture of the teaching methods and resources being used (Hetzner, 2011). PUSD has placed an emphasis on the strategies needed for effective lessons and, in turn, effective student learning. As a 4th grade teacher for Porterville Unified School District, my task is to create daily lesson plans that serve to guide me as I teach my students. My first step in creating these lessons is to determine my student’s level of prior knowledge. I can accomplish this by looking at formal and informal assessments and data. Observation of this data gives me a better understanding of what my next steps with my student should be. In some cases, I need to go back and reteach skills, while in other cases I can teach my students a new skill. I have to make an informed decision as to what cognitive level I need to teach to next. Awareness of how my students are performing as well as where I need to be as far as pacing and staying on track to get through all the skills needed to be taught within the year are vital to my daily task as a 4th grade teacher. As I compare my personal epistemology with that of my district, I realize that I spend more time assessing data after the lesson has been taught while the district places more emphasis on data collected during a lesson. Both of these approaches are valuable and, in fact, the district does place value on the end result (i. e. State test scores), however, there is little action that can take place after the end of the year data is collected. PUSD has placed and emphasis on good instruction because they see it as the road to a good education, as well as, the skills and goals they have set in the mission and vision statements. Our epistemologies align in that we both rely on the research of experts. I trust, as does PUSD, that the data given by experts is valuable to our own knowledge and it should guide how I teach my students. The district also views its teachers as experts in the field and has given many freedoms in the presentation and uses of resources when teaching students. As I reflect on my school districts focus as compared to me I realize that even though our epistemologies are not exactly aligned we are aligned in our focus of the students. Students come first. That means I will use whichever strategies I need to in order to create effective student learning. Reviewing test scores and planning lessons are vital to student learning, however, I have been so centered on what I am teaching that my students have not been engaged as well as they could be and thus have not learned the subject matters to their full potential. Also, although pacing is important, it should not be of top priority. Top priority should be assessing my students during the lesson and changing strategies, or even the skills being taught, if my students are not engaged. There is no point in plowing through a lesson if the majority of my students are not listening to what is being taught. This new insight will definitely help to drive my instruction and will help make me a more effective teacher. References: Achterbergh,J. , Vriens, D. (May-June 2002). Managing viable knowledge. â€Å"Systems Research and Behavioral Science. † V19i3p223 (19). Cooper, D. E. (Ed. ). (1999). Epistemology: The classic readings. Malden, MA: Blackwell. Feldman R. (2003). Epistemology. Upper Saddle River, NJ: Prentice Hall. Hetzner, Amy, 2011. Walk-throughs give school administrators firsthand view of staff in action. JSOnline: Milwaukee, Wisconsin Journal Sentinel. May 14, 2011. Retrieved on November 20, 2012 from: http://www. jsonline. com/news/education/121843078. html Porterville Unified School District, 2012 . PUSD: Vision and mission statements. Retrieved on November 20, 2012 from: http://dnn. portervilleschools. org/dotnetnuke/District/VisionMission. aspx.

Case Study of Gillette Company-Free-Samples-

This paper aims to discuss the Gillette Company which launched the first blade system in 1998. The Company embraced technology and it introduced the five-blade system to outdo its competitors (Nye, 2016). However, the three-blade system was the significant element of the Gillette Company. Also, the three-blade system was introduced to minimize the irritation which was caused by the three-blade system when shaving. Therefore, the Gillette has its pros and cons in the marketing strategies as discussed in this paper. To begin with the pros, The Gillette embraced a new technology to improve the designs in the market. Through the strategy of embracing new technology Gillette would maintain its customers. The Gillette employed the strategy for success by launching the five-blade system to reduce the irritation caused to the customers when using the product (Dhebar, 2016). The marketing plan for the Gillette became more aggressive when they launched the new products. Therefore, the Gillette made a high profit and tried to outdo its key competitors in the market. On the other hand, the Gillette has cons in the marketing strategies as outlined in this paper. Due to the new technology, the Company was obliged to retrain the staff for them to understand the technology (Barrow& Stowers, 2013). At the same time the Gillette minimized the loyalty for the customers hence the market share declined.   Also, the aggressive marketing rollout strategy caused the Gillette to incur costs in advertising the products. Also, the Gillette received criticism due to the campaigns held when marketing the products (Stowell, Stowell,Grogan & Grogan, 2017). The launching of the Fusion Razor was a significant failure for the Gillette. In conclusion, the Gillette has employed good marketing strategies to help in attracting and maintaining the customers hence increase their satisfaction. Despite the marketing strategies, the Gillette has experienced challenges. However, there are many clients who are satisfied with it Barrow, C., & Stowers, D. (2013).  U.S. Patent No. D674,547. Washington, DC: U.S. Patent and Trademark Office. Dhebar, A. (2016). Razor-and-Blades pricing revisited.  Business Horizons,  59(3), 303-310. Nye, J. V. (2016). What do we really know about durable goods monopolies? The Coase conjecture in economics and its relevance for the safety razor industry. In  The Elgar Companion to Ronald H. Coase  (pp. 222-234). Edward Elgar Publishing. Stowell, D. P., Stowell, D. P., Grogan, C. D., & Grogan, C. D. (2017). The Best Deal GiIlette Could Get? Procter & Gamble's Acquisition of Gillette.  Kellogg School of Management Cases, 1-18.

Rene Descartes On Discourse on Method Essay Example | Topics and Well Written Essays - 2000 words

Rene Descartes On Discourse on Method - Essay Example He explained that since mathematics has achieved the certainty for which human thinkers seek, the traditional persons should rightly turn to mathematical reasoning as a model for progress in human knowledge. Expressing perfect confidence in the capacity of human reason to achieve knowledge, Descartes proposed an intellectual process that suggested the architectural destruction and rebuilding of an entire town. In Part 2, he writes: It is true, however, that it is not customary to pull down all the houses of a town with the single design of rebuilding them differently, and thereby rendering the streets more handsome; but it often happens that a private individual takes down his own with the view of erecting it anew, and that people are even sometimes constrained to this when their houses are in danger of falling from age, or when the foundations are insecure. What is true of buildings and constitutions is also true for knowledge. The fact that the existing sciences have often grown up gradually with no uniform plan explains this as a key role of processing the â€Å"unlearning† of what we have previously learned. Descartes used that as an example to explain that in order to be absolutely sure that we accept only what is genuinely certain, we must first deliberately renounce all of the firmly held but questionable traditional beliefs we have previously acquired by experience and education. However, he later warns about the consequences of the reconstruction, such that:

Compare three companies Essay Example | Topics and Well Written Essays - 1250 words

Compare three companies - Essay Example This used to happen only with Sony and Apple products before. Samsung is not only one of the greatest businesses today, but the company tends to have a great goodwill as a responsible global entrepreneurship. The objective of this paper is to explore the tactics and strategies that were employed by Samsun to climb up and reach the top of the success ladder at such lightning speed. It is important to review the success story of Samsung before analyzing the strategies it has utilized for achieving the numero uno spot in corporate world. Samsung came into being in 1938, as a small trading company and transformed into a business group. And from its branch in Tokyo it started to expand its business first by entering in the textile business, then started establishing electronics, introduced the company in heavy industry by affiliating in shipbuilding. Samsung itself had built huge companies based on sugar and seasonings and textiles; and LG on chemicals for household and industrial consump tion (Michell, 13). It also expanded the business by acquiring Hankook Semiconductor. Later on it also introduced first 10 – million seller cell phones, became world’s best TV manufacturer. And today Samsung claims to have the largest share in the global smartphone market, which is because of the Galaxy smartphones of Samsung. In 2012 it was awarded as world’s ninth best brand (Tek, n.p). Samsung now stands among the top tier global corporations, possesses good ranking in the superior management, and provides innovation in design along with improving its sales and earnings (Lee, 9). The competition between the two famous smartphones brands Samsung and Apple started in 2008, when Samsung targeted the smartphone market by investing on large scale in it. Apple is a multinational company, which provides phones, personal computers, iPads, iPods and much more. In 2008, the most valuable company of the world was Apple because it had the shares with prices up to $ 373 ( Zylla-Woellner, n.p). Samsung and Apple without any doubt were leading the cellular especially the smartphone industry, however, Samsung suddenly shifted gear and turned the entire game in its favor. Apparently, Samsung’s most significant tactic is that the company never ceased to introduce variety in their products and in their strategies of selling the products too. Samsung Corporation has successfully blended speediness, imagination and affordability in their offerings to capture the consumers’ attention. While Samsung was busy investing huge sums on extensive research and development to gain the market share, Apple was stagnant using only 2.4 percent of its revenues on innovation (Roll 154). Samsung spent around US$ 2.3 billion on research and development (Roll, 154). The major competitors Sony and Apple were badly defeated by Samsung. The reason is that whenever these companies introduced a new product Samsung copied the concept and followed their path to introduc e similar product but with a definite edge and innovation from its predecessors. In order to learn latest designs in trend, Samsung even started comprehensive training sessions for all employees. Apple only introduced several versions of iPhone whereas in the meantime Samsung not only introduced Samsung galaxy, note book, smart TV and other economical smart phones but has been regularly updating its products’

The HR and Business Management Book Essay Example | Topics and Well Written Essays - 500 words

The HR and Business Management Book - Essay Example The essay "The HR and Business Management Book" talks about a good HR manager who is the core business of every company that wants to start a business. The mode of hiring and employee management is the most critical affair that affects the success of any form of business. There are so many issues that arise in HR as well as the importance of HR creating a very big gap. For companies that find they are experiencing the gap and the dilemma of how to handle the two issues, they got a solution in the excellent HR and business management book authored by Lin Grensing-popular.The first part of the HR and business management book tackles the hiring process. The employees in the HR department can understand the typical issues to be considered when hiring. They also learn the process and steps of job creation as well as how to come up with adverts for jobs. They also learn and discover the secret of getting potential hires, prepare for and conduct interviews. The book also explores ways in wh ich one can check for references, selection criteria of the best and final candidates and how to make the job offers.The HR and business management book also explores and addresses the critical issues that affect employees. For instance, it addresses intellectual property rights of every hired individual. It also addresses company policies and issues that are related to pay and the working hours. The book addresses the issue of employee absenteeism, evaluation of performance, benefits of working in the company business.

Amazon Business Strategy Essay Example | Topics and Well Written Essays - 2000 words

Amazon Business Strategy - Essay Example Amazon.com targets three main audiences for its services. First, the company targets those consumers that value low prices, convenience, and a wide selection. The second target of Amazon.com is those sellers, who wish to make their sales through the Amazon.com platform, using the company’s infrastructure. Additionally, Amazon.com targets the enterprises, which wish to outsource technical capabilities to Amazon.com. In this case, therefore, the business it can be deduced that Amazon.com has three major business models for each category of its target customers (Johnson, Whittington & Scholes 2011). Amazon.com has a distinct business strategy, which has helped it to maintain the top position among the online retailers today. However, over the years, the company has adjusted its business model in order to increase its level of competitiveness in the market. Since the year 2007 to 2009, Amazon.com has adopted new aspects in its strategy, which have contributed to its sustained succ ess in the market. Therefore, the company introduced new business units, which it deemed relevant to its customers, and which it considered were capable of increasing company productivity and customer satisfaction. When Amazon.com was founded, the aspect of growth was core to its business strategy. Nonetheless, the company seems to have upheld the concept of growth, as seen in the further advancement and development of its business strategy. Today, there are different new business units that were adopted by Amazon.com and integrated in its business strategy between 2007 and early 2009 and these are still important to the company, as they have considerably led to a boost in the company’s productivity. First, in the year 2008, Amazon.com increased the number of its fulfillment centers. A major addition to the existent fulfillment centers was developed in Hazleton, PA, while another one was established in Arizona (Johnson, Whittington & Scholes 2011). This move by Amazon.com to add more fulfillment centers would benefit the company in various ways. Most importantly is that Amazon.com would be able to serve more customers, since the increased number of fulfillment centers increased the capacity of commodities, which the company could store for shipment to customers. Additionally, Amazon.com in 2008 launched the â€Å"Frustration-Free Packaging† (Johnson, Whittington & Scholes 2011). This kind of packaging reduces the overall amount of packaging materials used. This is advantageous to both the company and its consumers. To the company, this initiative saves costs, as less material is used for packaging. On the other hand, this makes the customers of Amazon.com to experience a great shopping experience. The frustration-free packaging is designed to be opened easily without a knife or struggles, while protecting the products inside, thus reducing customers’ wrap rage. Additionally, this packaging is recyclable. This initiative has been widely wel comed by most Amazon.com customers. This therefore, boosts customer loyalty to the company, which is paramount for increased company success. Technology is another core strategy, which Amazon.co has continually embraced. Between 2007 and 2009, Amazon.com has enhanced its technology levels by introducing new technological business aspects. First, in 2007, Amazon.com developed Kindle; an e-book reader device,

Discipline-- whether college education is important for future life or Annotated Bibliography

Discipline-- whether college education is important for future life or not - Annotated Bibliography Example The system of mechanization is in fact changing the tectonic sects of education particularly in college and also bringing various changes in thinking and interpretation of issues, which is completely different than the previous times. Clare, S. (2013) University Libraries are Shaping the Future of Learning and Research, The Guardian,retrieved on January 23, 2014 from http://www.theguardian.com/higher-education-network/blog/2013/aug/06/university-libraries-learning-shapes-design In this piece of writing, Clare has hinted at the moribund state of libraries in various universities. According to Diane Job, the Director of Library Services, a library is one of the most important places of growth and progress as far as an educational institution is concerned. As a matter of fact, it is a place of discussion and exchange of culture and religion and a hub in which some of the most significant ideas come up for the first time that goes on to become history later. Thus, it can be said that a college is not only a place for attaining higher education, but an institution that shapes the future life of an individual to a great extent. However, such ideals are on the verge of death and the feeling of being together in an educational institution has become nonexistent. Nevertheless, the hope for better never dies and the old tradition certainly prepare the students for a better life. The authors Clawson and Page certify that higher education is important for individual achievements and also to ensure economic development of a nation. However higher education in USA is undergoing a period of crisis while public funding is falling freely, tuition fees have increased drastically and hence colleges and universities are less inaccessible. The book anlayzes the crisis in higher education and describes the manner in which a strong neo-liberal

Refugees in Erie Pennsylvania Essay Example | Topics and Well Written Essays - 250 words

Refugees in Erie Pennsylvania - Essay Example In the Erie region, refugees have limited access to health care services, as the provided care by the state agencies and local organizations are insufficient (USCRI, 2011). Additionally, they have limited, or no access and control of resources because they come from conflict-ridden communities such as Iraq, Bhutan, Somalia, Congo, and Ukraine among other countries. Refugees have little or no access to formal education that is enjoyed by other USA citizens. Although they make up a legal percentage of the population, these people are not entirely incorporated to the national budgetary allocation for education or other social amenities (USCRI, 2011). However, they benefit from the intervention of the local faith-based organizations. Furthermore, due to the living condition and lack of resources, these people live in adverse poverty. Their access to basic needs such as shelter and adequate nutritious food is limited. Regardless of the poor conditions experienced by the refugee in the Erie region, they contribute to the community with their cultural heritage used in day-care services. Specifically, the Bhutan’s cultural practice is a potential source of income for the women. The traditional songs of the refugees are necessary tools that enrich the lives of the day-care teachers and children (Pennsylvania Department of Health, 2012). The refugee women train for careers in childcare where they get employment to improve their

Of Mice and Men Essay Example for Free

Of Mice and Men Essay Explain how Steinbeck presents the character of crooks in of mice and men. What is the significance of his role? Explain how Steinbeck presents the character of crooks in of mice and men. What is the significance of his role? In the novel Of Mice and Men John Steinbeck, the author, uses the character of Crooks to represent racism and show the marginalization of the black community occurring at the time in which the novel is set (1930’s). Crook provides the reality of the Jim Crow law and the feelings of all the ranchers: their loneliness and need for company. We first hear of the Name Crooks when Candy calls him a nigger, this is meant as a white insult, in 2013 this would of be seen as racism and unacceptable. Candy also mentions Christmas when crooks had a fight with smitty. ‘So he took after the nigger, done pretty good too. The guys wouldn’t let him use his feet, so the nigger got him’ this implies that the term nigger is acceptable at the time period is in the 1930s during the Depression era and is what they would. The term nigger is used by most of the ranchers, Steinbeck proves that the term is used originally and black people were seen as unworthy. Crooks got his name from his crooked back,† this was from when he had a horse kicking him in the back. John Steinbeck describes Crooks room as a â€Å"little shed that leaned of the wall of the barn† Steinbeck uses the phrase ‘’leaned’’ this is explaining the conditions or his room and how he had to live even the fact that he has to live with horses when the other men have a bunk house and get to play cards and sleep in appropriate beds show that crooks was treated differently. Steinbeck also uses the description of ‘Crooks bunk was a long box filled with straw, Steinbeck uses this to show that he had a completely different way of living unlike the white men in the bunkhouse as they slept in proper beds on the other hand he also tells us about crooks possessions, â€Å"battered magazines and a few dirty books’’, ‘’tattered dictionary’’ this Is another way of showing how passionate he is about his rights and how much he reads. ] He mentions to lennie after their argument about George that when he was a kid he lived on a farm with chickens and had a strawberry patch and fed them alfalfa it looked almost like George and lennies real American dream. Crooks gets judged by the whites at the ranch. As he says â€Å"If I say something, why its just a nigger sayin it and this shows his anger at being pushed to the side. Being judged has made him look cruel, but also has turned him into a man who needs sympathy. Crooks confront Lennie and say You got no right to come in my room.. You go on get outa my room. I aint wanted in the bunkhouse and you aint wanted in my room. He’s trying to show Lennie that black people are segregated to white people and treated completely different he owns ‘Californian civil code ‘he is desperate to knows his rights as it says the verb ‘mauled copy’ this also shows when he uses mauled it’s the state of the book that its ripped and in a state because he has spent so much time to read the book. Steinbeck uses crooks in a full chapter to show to the reads how important the character crooks was to him and the significance of his roll we can tell by reading this chapter how much he wanted to get his point across about racism in his time, This gives us a feeling of sympathy for crooks because he was on his own in the barn, This is because of the other ranchers was racist and segregated. In a section in the book Steinbeck mentions were Curleys wife comes in and argues with crooks because crooks lashed out she threatened to get crooks lynched Steinbeck uses this part to show even the hated of them all can get a black person

Development of Indias Banking System

Development of Indias Banking System Introduction With a population of over 1 billion, India is one of the most important countries with accelerating economic growth. According to the World Bank (2009), the annual GDP growth of India has been more than 7% over the past ten years. The financial crises in 1997 and 2008 have revealed the importance of robust banking system towards economic development. Indian Government liberalized the banking system through Indian Banking Sector Reform in 1991. From the first bank in India in 1786, the development of Indian Banking System has three distinct phases. Early Phase (1786 1969) There were 1100 small banks in India. The Government implemented the Banking Companies Act 1949 to facilitate the functioning of commercial banks. Reserve Bank of India (RBI) was authorized to supervise the Indian banking sector and became the Central Banking Authority. Post Nationalization Period (1969 1991) State Bank of India was formed to act as a principal agent of RBI and handle banking transactions in India. Fourteen major commercial banks were nationalized as there was a decline in public confidence during the early phase. Nationalization guaranteed the sustainability of banking industry and aroused public confidence. Post-Liberalization Period (1991 now) Liberalization of banking practices occurred. Foreign banks, ATMs, phone banking, net banking were introduced to make the banking system more convenient and efficient. The development of banking system is transiting. Public-Sector Banks contributes to 78% of total banking industry asset. Private-Sector Banks, on the other hand, are experiencing great progress in internet banking, ATMs and other technology advancements. They are likely to expand in India. Central Bank Reserve Bank of India It was established in 1935 and was nationalized in 1949. It has 8 functions explained as follows: Note Issuance: It has the sole right to issue bank notes of all denominations as an agent of the Government. Government Banker: It acts as Government banker, agent and adviser. It controls the banking system through licensing, inspection and calling for information. It also supervises and controls commercial and cooperative banks. Maintenance of Minimum Reserve Ratio: RBI set the cash reserve ratio is 5% and repo rate is 4.75 % in 2009. Lender of Last Resort: It acts as the lender of last resort by providing rediscount facilities to scheduled banks. Credit Controller: It controls the credit operations of banks quantitatively and qualitatively like open market operations, discount policies and reserve requirements. Settlement of Clearing Functions: RBI facilitates the inter-bank clearing of current accounts in 1050 clearing houses in India. Custodian of Foreign Reserves: RBI sets a limit on money transfer in and out of India under Foreign Exchange Management Act. It examines Indias reserve of international currencies and maintains the official rate of exchange with all member countries of International Monetary Fund. Promotional Functions: RBI is responsible to extend banking facilities to rural and semi-urban areas, and establish and promote new specialized financing agencies. Banking System Banks in India The Reserve Bank of India heads the Indian commercial banks. Banks in India can be categorized into three tiers scheduled commercial banks; regional rural banks which operate in rural areas not covered by scheduled banks; and cooperative and special purpose rural banks. There are approximately 98 scheduled commercial banks, both Indian and foreign, almost 200 regional rural banks, more than 350 central cooperative banks, 20 land development banks, and a number of agricultural credit societies. Commercial Banks Commercial banking is dominated by 28 state-owned banks controlling 69.9% of assets in the sector in 2007/08. Private domestic held 21.7% and foreign banks had the remaining 8.4%. Commercial banks can be categorized into domestic banks and foreign banks. Domestic Banks They include public-sector banks, private-sector banks and savings, mortgage and co-operative banks. The biggest domestic bank is a public-sector bank, State Bank of India with market share 16.83%. The second biggest domestic bank is a private-sector bank, ICICI Bank with market share 9.11%. Public-Sector Banks They have a country wide networks and each has its own geographic stronghold. They provide a full range of banking services and are an important source of short-term funds. State Bank of India is the largest bank providing 16.83$ of loan advances in 2007/08. In 2008, SBI merged its subsidiary, State Bank of Saurashtra, and is increasing its international presence. The introduction of stringent capital-adequacy, income-recognition and asset-classification norms in economic reform promoted public-sector banks to reveal true positions in financial statements. The gap between strong and weak banks is thus widened. Private-Sector Banks There were 41 private-sector banks and 18 of them were listed on the stock exchange as of 2009. They usually have strong regional client bases and upgrade their technology and services. ICICI, the largest private-sector bank, merged with Bank of Madura in 2001 and Shangli Bank in 2007. Life Insurance Corporation of India raised its stake in Corporation Bank to 27% from 12.32% in 2001. It is expected that more mergers and acquisitions will be found in the coming decade. Savings, mortgages and co-operative banks They are small and contribute slightly to the source of funds for most companies. They tend to finance rural and small sectors and have geographically-restricted operations. New RBI regulations have imposed restrictions on them in 2001 as some urban cooperative banks were discovered to have a high exposure to the stock market. Foreign Banks The biggest foreign bank is Citibank with market share 1.55%. Standard Chartered Bank ranked the second. Citibank, Standard Chartered Bank, HSBC and ABN Amro Bank dominate the sector in the diagram shown below. Comparing the advances of foreign banks and that of commercial banks, it is shown that foreign banks play a small role in banking industry. They accounted for 8.4% of total commercial-bank assets in 2007/08. But the rising net profits of the banks to Rs66.12bn in 2007/08 from Rs45.85bn in 2006/07 suggested the increasing importance of this sector. Foreign banks offer borrowing terms similar to local banks, but their benchmark prime lending rates are 1 to 3 percentage points higher. Foreign banks usually form part of a lending consortium. Foreign banks without a branch presence can conduct business through representative offices. These banks concentrate on providing offshore currency loans and related foreign-exchange products, rather than retail banking or local-currency lending. Investment Banks and Brokerages Investment banks and brokerages rely on advisory business. They have a limited involvement in risk capital. They can weather the downturn without the risk of going out of business. However, if the downturn continues in 2010, some banks may leave the small Indian market. Citi(US) and JM Financial Group have the greatest market share in this sector with their contribution of more than half deal value. Given the growth of Indian market, major foreign investment banks have reworked their partnerships with investment banks to help them to capture a greater market share. Development Banks Public-sector development banks were traditionally the principle source of long-term capital. Development banks provide medium and long-term rupee and foreign-currency financing, underwrite and subscribe to stocks and debentures. Due to the financial sector reform, they offer new services and products, set up organizations to provide a variety of financial services. Some countrywide development banks are Industrial Finance Corp of India and Industrial Investment Bank of India. The Post Office Saving Bank It has the largest retail-bank network, with over 155,000 branches. A growing number of post offices are also connected electronically. Given its large distribution network, India Post now leverages its presence to become a general financial-services distributor. It provides various mutual funds and bonds. It also offers an inward international money-transfer service. Offshore Banks Banks are allowed to set up overseas banking units within the countrys special economic zones functioning as overseas branches of domestic banks. Six domestic banks set up overseas banking units: Bank of Baroda, Canara Bank, ICICI Bank, Punjab National Bank, State Bank of India and Union Bank. Domestic banks can enjoy a tax deduction on the income from OBUs and advantages of global presence. Banks Deposit Composition The deposits of national banks dominate the banking industry because they are backed up by the government and the public thus have confidence in nationalized banks. However, regional rural banks have a small share of deposits. It is mainly due to the lower income level in rural areas. Although foreign banks have a second smallest share of deposits, liberalization of the banking industry will allow them to expand their business. Competitive Situation More aggressive merger and acquisition are stemming in India. One advantages stemming from merger is the ability to cross-sell a slew of retail products including housing loans, car loans, personal finance and credit cards. Further, merged entity will be able to compete with threats from global players, for instance, HSBC and Citibank. However, challenges of merger are the integration of financial and human resources, as well as satisfying statutory requirements. Also some FIs faced the problem of relying on an increasing cagey market to raise capital. As FIs were funding long-term projects with money rose short term, there was a critical asset-liability disparity. RBI then proposed to convert financial institutions into universal banks recently. A reverse merger with their own subsidiary banks will now give FIs access to low-cost funds. The trend of mergers and acquisitions will prevail in the coming years. Economic Conditions Indian banks balance sheets are not directly exposed to sub-prime mortgage leading in US. The GDP and GDP per capital are expected to grow in the coming decade. The global financial crisis does not undermine the banking industry in India in a great extent. The assessment of the banking sector risk is rather low compared to that in Asia and Australasia in 2009. The expansion of consumer credit does not pose a high risk to the banking industry as the level of debts per customer remains low. In contrast, RBI moved the focus of its policy from boosting economic growth to containing inflation. Interest rates are expected to rise and tighter monetary policy are expected to be implemented. Conclusions The liberalization of banking system has (1) strengthen the banking sector (2) provide more operational flexibility to banks (3) enhance the competitive efficiency of banks (4) strengthen the legal framework governing bank operations. This well-developed banking system is favourable when it comes to expansion in India. However, a keen competition is found in India. Each sector has various existing banks with strong customer loyalty. Numerous state-owned banks and FIs are the dominant players in India. Despite the stable Indian economy and the steady and slow movement towards liberalization of banking system, the Government will probably strengthen the financial regulatory system sufficiently before a complete liberalization. Therefore, it is concluded that India is not suitable for expansion. References World Bank (2009). Word Bank in India. Retrieved November 25, 2009, from http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/SOUTHASIAEXT/0,,contentMDK:22398481~menuPK:2246552~pagePK:2865106~piPK:2865128~theSitePK:223547,00.html India Finance Investment Guide (2009). Introduction. Retrieved November 25, 2009, from http://finance.indiamart.com/investment_in_india/banking_india.html Maps of India (2008). Banks in India. Retrieved November 25, 2009, from http://business.mapsofindia.com/banks-in-india/ Kamath, G.B. (2009). Emerald. The Intellectual Capital Performance of Indian Banking Sector, pp.4. Retrieved from, http://www.emeraldinsight.com.eproxy1.lib.hku.hk/Insight/viewPDF.jsp?contentType=ArticleFilename=html/Output/Published/EmeraldFullTextArticle/Pdf/2500080104.pdf Bank of India (2009). Main Functions. Retrieved November 25, 2009, from http://www.rbi.org.in/scripts/AboutusDisplay.aspx#MF OneIndia News (2009, July 28). RBI Keeps All Key Rates Unchanged. Retrieved November 25, 2009, from http://news.oneindia.in/2009/07/28/rbi-keeps-all-key-rates-unchanged.html Hubbard, R.G. OBrien (2006). How the Fed Reserves Manages the Money Supply. In Macroeconomics (2nd Ed.), Money, Banks, and the Federal Reserve System (pp. 451-452). United States: Pearson International Edition. NK Infobase (2009). Reserve Bank of India. Retrieved November 30, 2009, from http://money-transfer.in/reservebankofindia.html Economist Intelligence Unit (2009, July). Country Finance, India. Domestic Banks, pp. 14. Retrieved from http://www.eiu.com.eproxy1.lib.hku.hk/report_dl.asp?issue_id=1784732363mode=pdf Economist Intelligence Unit (2009, July). Country Finance, India. Foreign Banks, pp. 14. Retrieved from http://www.eiu.com.eproxy1.lib.hku.hk/report_dl.asp?issue_id=1784732363mode=pdf Economist Intelligence Unit (2009, July). Country Finance, India. Investment Banks and Brokerages, pp. 16. Retrieved from http://www.eiu.com.eproxy1.lib.hku.hk/report_dl.asp?issue_id=1784732363mode=pdf Economist Intelligence Unit (2009, July). Country Finance, India. Development and Postal Banks, pp. 18. Retrieved from http://www.eiu.com.eproxy1.lib.hku.hk/report_dl.asp?issue_id=1784732363mode=pdf Economist Intelligence Unit (2009, July). Country Finance, India. Offshore Banks, pp. 20. Retrieved from http://www.eiu.com.eproxy1.lib.hku.hk/report_dl.asp?issue_id=1784732363mode=pdf Subhash, D.V. (2002, February). Birth of a Universal Bank. Retrieved 2 December, 2009. from http://search.ebscohost.com.eproxy1.lib.hku.hk/login.aspx?direct=truedb=bthAN=7210765site=ehost-live Economist Intelligence Unit (2009, October). India: Banking Sector Risk. Retrieved 28 November 2009, from http://www.eiu.com.eproxy1.lib.hku.hk/index.asp?layout=displayIssueArticleissue_id=1514868936article_id=1664868951 Scribd (2009). A Report on Non-Performing Assets Challenge to the Public Sector Banks, pp. 10. Retrieved December 2, 2009, from http://www.scribd.com/doc/8817767/A-REPORT-ON-NPA-IN-BANKING

Abortion is a Global Issue :: Essays Papers

Abortion is a Global Issue Sonia Correa wrote an article for Women’s International Network News entitled â€Å"Abortion is a Global Political Issue†. In this article, abortion is looked at as a political issue that affects the world. The idea of a mother terminating her own pregnancy has been an issue since the Ancient Romans ruled the known world and Christianity was established. They did not believe in depopulating a world when the expected age of death for four out of 100 people was 50 years of age. The Catholic Church in the time of the Inquisition was permitting extreme punishment for women who aborted their babies and their midwives, if they assisted in the abortion. After the United States ruled on the constitutionality of abortion in 1973, Senator Jesse Helms achieved an agreement of a provision prohibiting American aid funds in activities related to abortion. Correa uses logic and reasoning in her article that abortion is a political issue that affects the entire world. She states that â€Å"†¦abortion is a worldwide public health problem.† One example is in the time of the Roman Empire. During this time period, the world was having a crisis with depopulation and fertility was looked at as a blessing. Killing an innocent, unborn child would have been unheard of at that time period. Another instance is the European Catholic Inquisition tracked down and even executed those who would abort a child. These women being executed, usually thought as witches, were the mothers and the midwives. The logic of these times would not make abortion a way of life. Abortion was portrayed as wrong for oneself and wrong for the society in which they lived. Many credible sources are used to show how abortion is a political issue that affects the world. The United States Supreme Court in 1973 decided on the constitutionality of abortion. Senator Jesse Helms approved a condition that prohibited activities that were related to abortion were not permitted to use American funds. During this period of time the Right to Life movement was growing. A group of agents from this movement decided to get their point across to bomb clinics and kill the doctors who performed abortions.

W and R toilet makes are thinking of expanding by becoming PRIVATE :: Business and Management Studies

W and R toilet makes are thinking of expanding by becoming PRIVATE LIMITED CO (LTD) evaluate this decision. I think that W and R should become a PLC because there are a lot of advantages to them there must be at least two shareholders and there MUST be at least one director while this is good that their only has to at least two people shares cannot just be transferred freely, their must be some kind of agreement with the other shareholders so if you have the majority rule it wont work her as everyone must agree. They are easy to set up they mainly have the flexibility of a sole trader and a partnership but without the risks of unlimited liability. Small private companies if successful can raise capital more easily the liability makes people want to invest in the company more and its easier for it to borrow money as sole traders and partnerships often find this very hard. One of the key advantages is that the business will not come seize if one of the partners (owners) decide to pull out as the owners can choose who they want to sell their products to (shareholders). But there are a few disadvantages but compared to a sole partnership or trader much less, people might be unwilling to buy shares, there is more control over how the business is run and it can sometimes be very hard for shareholders to get their money back when they want but its much less risky. Ed wood ltd needs to raise a very large amount of capital to build a new factory. It is thinking of becoming a PLC. Analyze this decision. Public companies must start out with at least 50,000 pounds there must be at least 7 shareholders but only 2 are needed to sign a Memorandum of Association and shares are sold to the public. Anyone can come and inspect the shares, but at the same time shareholders who want their money back can simply just sell their shares back to the stock market. This makes people more willing to invest, large amounts of capital can be gathered from just one organization large companies can be formed but there is also a lot of competition. Nevertheless you are also able to benefit from other companies from and from their economies of sale. Banks are also willing to give loans to companies who have a large share capital. Shareholders might not have very much power of have very little influence and public companies are controlled by the law but in a public company you can check up on your stock and the

My Best Friend Essay -- Friendship Essay

My Best Friend Have you ever had someone in your life who helped you figure out who you were? Someone who showed you the right path. Someone who was there right next you even if you did not take that path. Someone who always seemed to be right, but never held it against you when you were not. Someone whom without your life would most likely be entirely different. I have. Her name was Jessica.   Ã‚  Ã‚  Ã‚  Ã‚  Jessica was more than my neighbor. She was more than my mentor. She was my best friend. Jessica lived three houses down from me when I moved into a new neighborhood. She made moving to a new neighborhood a lot easier. She was one of those people who was friends with everybody. She was friends with everyone because she was so special. She was always in a good mood, always had something pleasant to say, and no matter what was going on, she could get you to smile.   Ã‚  Ã‚  Ã‚  Ã‚  Jessica was a few years older than me but we were both young. I was in the fifth grade and she was in junior high when we met. She was tall for her age and practically towered over me. She almost always kept her long golden hair pulled back into a pony tail because she was a bit of a tomboy and liked to be athletic. But when she let it down and it waved in the gentle breeze, there was no doubt she was a girl. Her facial features were very soft, yet if you met her once, you would never forget her name. She also had the deepest green eyes that would sparkle so bright when she flashed her pearly white teeth, s...

My Sister’s Keeper Essay

In My Sister’s Keeper, Jodi Picoult weaves a gripping tale of pathos, humor, and love. As thirteen-year-old Anna Fitzgerald struggles to define herself as a person apart from her sister Kate, Picoult exposes the universal truths of human relationships. Life is full of choices and consequences. Love demands risks and sacrifice; self-examination and sharing. As the characters unfold, in their own words, the importance of communication emerges as a unifying theme. Kate Fitzgerald is dying of acute promyelocytic leukemia. A kidney transplant is her only hope. Anna’s parents assume without question, that she will offer her kidney. Aware that she was conceived to be a genetic match, and ongoing donor for Kate, Anna wants a chance to live her own life. Though she loves her sister dearly, Anna retains Campbell Alexander, seeking medical emancipation, knowing that without the surgery Kate will die. Thus begins the saga of seven lives intertwined in ways none could ever have imagined. Anna forces a legal confrontation that compels each character to examine the relationships in their lives. Sara Fitzgerald has focused obsessively on Kate’s medical needs, unwittingly ignoring the needs of other family members. Brian, a firefighter, finds respite from his family’s ills on the job, and in the stars, which become a metaphor for life. Jesse, eighteen, is the family misfit. Unable to help Kate, he is wracked by guilt. A rebel, he becomes an unlikely healing force. As the court proceedings swirl around Anna, all involved are forced to reckon with the ghosts of their pasts and the paths they have chosen. Picoult addresses the ethics of the situation only tangentially. The ending is superbly crafted, literally pulling the reader into the text. This is a cosmic tale about relationships and endurance, and the ability of love to change lives forever.

Psychodynamic vs Behaviourist Theory

Psychology is not just philosophical speculation and reasoning over the years it has evolved and it is now also recognised as a science, to understand what psychology is all about it is necessary to know it’s origins and the theorist who brought it out of obscurity, Sigmund Freud. He developed the Psychodynamic or Psychoanalytical perspective to enable better understanding of human behaviour these concepts will be discussed further later in this study. After Freud opened the gateway other perspectives and approaches have been developed, now with five main areas of psychology – Cognitive, Behaviourist, Biopsychology and Humanist approaches. For a comparison with the Psychodynamic theory, Behaviourist Theory will be discussed. Psychodynamic theory is referred to in psychological literature more than any other. This is the stereotypical psychology – looking into your past, discovering hidden desires, rummaging through the unconscious. It is the most radical of the five theories, and by far the most criticised – accused of being sexist, seeing the human population as ill, and considering sex and hostility as the only motivation for human actions. However, this theory has proven to be one of the most influential forces in the twentieth century. Sigmund Freud believed that humans are driven from birth by two innate instincts Eros the life instinct – the self-preserving and erotic instinct and Thanatos the death instinct – the self destructive, aggression and cruelty instinct. These are controlled by a free floating sexual energy, the libido and is seen to be the single most important motivating force in adult life, driven from birth to enhance bodily pleasure. There is a lot more to the mind than meets the eye, much like an iceberg – only the very tip is showing. He is the one who came up with the concept of one's unconscious – the part of the mind where desires and memories are stored, unrecognised, only hinted at through dreams or slips of the tongue or the ‘Freudian slip’ as it is more widely known. Rallying between the conscious and unconscious are the id, ego, and superego – separate and conflicting forces, requiring a balance for mental health and normal behaviour. The id is a person's animal force, their need to satisfy basic psychological needs. The superego is the ‘ideal' force, the civilised, competent figure the person strives to be. The ego sort of regulates the two, keeping the id satisfied while staying within the guidelines of the superego. The strength of each individual force is a factor in personality – if a person's superego is too strong, they are seen as rigid and guilty. If a person's id is too strong, they are seen as delinquent and antisocial (Boeree, 2000). The psychodynamic theory also established the idea that what happens in a person's childhood is one of the most important factors in personality development, especially traumatic experiences. The theory states that children who go through such things repress their memories, and this is the cause of adulthood mental disease. In order to further understand how personalities are shaped during childhood, Freud thought up the psychosexual stages. This shows the development of the id and the establishment of pleasure-sensitive areas known as erogenous zones. This also brings about the idea of fixations. Such things are developed in the Oral stage of a child’s development from birth to eighteen months where the mouth is the source of nourishment and pleasure an example of this is seen in a nursing infant and if deprived of nourishment will fixate their pleasure seeking energies on this stage, the need to constantly stimulate the mouth through smoking, biting and chewing. The next is the Anal stage between eighteen and thirty-six months focus on bladder and bowl elimination and is seen as a source of pleasure when the child is able to control them, this is why toilet training usually happens around this age and if not mastered an adult would be seen to be anal expulsive or anal retentive. Phallic stage between age three and five years where sexual energy is focused on the genitals. Oedipus and Electra complex in which the child unconsciously wishes to posses the parent of the opposite sex and rid themselves of the parent of the same sex. The result of this desire in boys would experience castration anxiety which would drive them to identify with their fathers. If there is no male figure in this stage of a child’s development it is thought that the child will have problems with authority figures later in life as he has never had the chance to conclude this stage. Freud’s explanation for the female development claiming that they would experience penis envy (a realisation they do not have a penis) they would eventually overcome by achieving motherhood and having their own baby. Latency stage from six years through puberty here the child will develop their confidence and mastery of the world around them. He believed that during this stage their experiences and excitations of previous stages are repressed and children develop infantile amnesia being unable to remember much of their earlier years. The Genital stage from twelve years upwards to adulthood is the culmination of the psychosexual development and the fixing of sexual energy in the genitals. This eventually directs humans towards sexual intercourse and the beginnings of the next cycle of life (Breger, 2009). John Watson a theorist who rejected the idea of introspection and every part of the psychodynamic theory, suggested the Behaviourist view is an objective, experimental branch of natural science who are interested in prediction and control of behaviour, most of the early research was carried out on animals before moving onto humans. This is an approach that believes people are born ‘Tabula rasa’ literally meaning ‘blank slate’, that all human behaviour is infinitely plastic and therefore is ultimately explainable in terms of the experiences that an organism goes through rather than any genetic predisposition of characteristics that the organism possesses. The relationship between the environment and the organism is seen as a straight line, in that the organisms act on their environment, which in turn provides rewards and punishments to determine the future probability of a response occurring. Behaviours are acquired or learned in one of two main ways, these are classical conditioning and operant conditioning. Examples of classical conditioning applied to real life are things like, taste aversion, learned emotions, advertising and development of phobias. Use of operant conditioning is referred to as behaviour modification such as in a classroom or therapy settings (Wyman, 2005). Watson suggests that children have three basic emotions, fear, rage and love and attempted to prove that these emotions could be artificially conditioned. The experiment of Little Albert is his most famous and controversial experiment, Watson and a graduate assistant named Rosalie Rayner conditioned a small child to fear a white rat. They accomplished this by repeatedly pairing the white rat with a loud, frightening clanging noise. They were also able to demonstrate that this fear could be generalized to other white, furry objects. The ethics of the experiment are often criticized today, especially because the child's fear was never deconditioned. Another example of classical conditionning is Ian Pavlov ‘Dogs’, in this experiment he noted that dogs would salivate before the delivery of food. In a series of well-known experiments, he presented a variety of stimuli before the presentation of food, eventually finding that, after repeated association, a dog would salivate (response) to the presence of a stimulus (noise) other than food (Bitterman, 2006). The most influential of all behaviourists is B F Skinner he is famous for his research on operant conditioning and negative reinforcement. He developed a device called the ‘cumulative recorder’ which showed rates of responding as a sloped line. Using this device, he found that behaviour did not depend on the preceding stimulus as Watson and Pavlov maintained. Instead, Skinner found that behaviours were dependent upon what happens after the response, therefore, using positive and negative reinforcement responses can be conditioned to a stimulus, those that are rewarded will increase and those that are not will decrease (Rubin, 2003). Not unlike other perspectives Behaviourism has gone through many transformations in the years since is conception by John Watson, one of the recent extensions in this approach has been the development of Social Learning theory. This theory is most relevant to criminology. Bandura suggests that we learn through observation, imitation and modelling of a significant other, people learn through the outcome of those behaviours and later a person will form an idea which serves as a guide for action. A significant other could be someone one aspires to become, not necessarily family, it could be someone famous for instance. If a person sees another being rewarded or punished for a certain behaviour they may or may not copy that behaviour, what is seen as a punishment or reward for one person may not be for another. However, if it is a person they aspire to be children in particular tend to emulate this behaviour either good or bad. Part of this study was the ‘Bobo doll’ experiment, he demonstrated that children learn and imitate behaviours they have observed in other people. The children observed an adult acting violently toward a Bobo doll. When the children were later allowed to play in a room with the Bobo doll, they began to imitate the aggressive actions they had previously observed (Green, 2003). Psychology has changed its face over the many years since Freud first introduced the psychodynamic theory putting forward a different way of trying to understand why people behave the way they do, moving onto the Behaviourist approach which completely refutes Freud’s theory by refusing to accept that people are born with natural innate instincts and that consciousness is the subject matter of psychology, who believe that psychology is about behaviour and activities and that the consciousness is not definable. They leave a huge gaping whole in their theory relating to perception, sensations, memories and imagination. Whereas Freud simply focused on his masculinity and the inferiority of the female population, although he can be forgiven for this as his theory came about in the Victorian era and this theory was a major breakthrough in history and is still one of the biggest thinkers and without whom psychologists and the like would not know as much about ourselves as people do. References Breger, L. (2009). From Instinct to Identity: The Development of Personality. 1st ed. New Jersey: Transaction Publishers. 1-18. Grieve, K. (2006). A student's A-Z of Psychology. 1st ed. California: Juta Academic. Hayes, N. (1993). A first course in Psychology. 12th ed. Cheltenham: Thomas Nelson and Sons Ltd. Bitterman, M. (2006). Classical Conditioning since Pavlov. Review of General Psychology. 10 (4), 365-375. Wyman, R. (2005). Experimental anaylasis of nature-nurture interactions. JEZ. 03A (6), 415-421. Boeree, G. (2000). Freud and Psychoanalysis. Available: http://webspace. ship. edu/cgboer/psychoanalysis. html#Johann_Reil. Last accessed 10 November 2010 Geen, C. (2003). Transmission of aggression through immitation of aggressive models. Available: http://psychclassics. asu. edu/Bandura/bobo. htm. Last accessed 10 Nov 2010. Rubin, J. (2003). From Pavlov to Skinner Box. Available: http://www. juliantrubin. com/bigten/skinnerbox. html. Last accessed 10 November 2010

Proximity of fastest growing region in China Essay

The Hong Kong HIT has been noted for its excellence in high end services, range of shipping lines and extensive coverage of destinations. Excellent institutional framework, a business-friendly environment, the professionalism of workers. The most important is Hong Kong legal system, which is trusted, tried and tested by international business. Hong Kong retains a distinct advantage in permitting the parties in maritime arbitration, to have the contract governed and construed in accordance with Hong Kong or English law. As an international financial centre, Hong Kong position itself as the business, trading and services hub for the Mainland and the region as a whole. At the same time, Hong Kong and the Pearl River Delta will continue to be the main economic engine of southern China, as well as an increasingly wealthy consumer market and a strong regional economy aiming the global export market. Hong Kong does have a number of advantages over other Mainland cities, and will continue to do so in the future. A strong and well-regulated financial sector, a free press, the free flow of information, low taxes and a simple taxation system, a pool of ighly skilled managers with international experience, proximity to major markets, and a close network of services companies are among the strengths and advantages for business in Hong Kong. Hong Kong is supporting services for the maritime sector in Hong Kong, for example export finance, trade documentation and logistics. The business-friendly tax policy and favourable customs laws make Hong Kong competitive. Sufficient terminal basin and its approach channel depth to accommodate the increasing draughts of ultra-large container ships. The Marine Department has an annual tonnage charge reduction scheme in place for Hong Kong registered ships. It has also recently reduced fees for 24 marine-related services such as port dues, seafarers? licences fees, and certificate fees. Hong Kong competitiveness is further enhanced by the Closer Economic Partnership Agreement (CEPA) with China. Weakness The absolute majority of the world bigest container ports are located in Asia. Most of the container ports belongs to Mainland China, the second bigest economy in the world. All this provides enormous opportunities for HIT, however every individual port faces new challenges and competition. Hong kong HIT is not an exception. Competitiveness of HIT has become a key issue. In other words any other Mainland port could be considered a competitor threatening the success of the HIT. As before many Chinese ports were poorly equipped to handle the sudden increase in exports from a rapidly expanding manufacturing sector, HIT was the obvious port of choice. After returning Hong Kong to China almost immediately many manufacturing industries relocated from Hong Kong to Shenzhen. A report released by the Better Hong Kong Foundation noted that Hong Kong was rapidly losing market share in cargo throughput to Shenzhen „newer and cheaper ports?. Carolyn Cartier, „Transnational Urbanism in the Reform-era Chinese City: Landscapes from Shenzhen?. Oportunities It is difficult to distinguish precise opportunities for HIT. The shareholders of HIT has indicated support for closer crossborder cooperation with other ports in the region. For instance, Shenzhen Port is controlled by the owners of Hong Kong HIT and is closer to manufacturing sources. However, many vessels continue to call at both ports. It is also important to recognise the vast amount of active industry companies located in Hong Kong which makes it (the Pearl Delta Region) a sustainable location for maritime businesses. Hong Kong advantage lies in its ability to cooperate effectively with the Mainland under the CEPA (HK and Macau, Closer Economic Partnership Arrangement) and its well advanced industry. CEPA continues to provide benefits for Hong Kong businesses. As an economy, where 90% of GDP comes from services, Hong Kong strengths lie in services. On the other hand, the Mainland services sector has been developing as a noticeably slower pace compared to its manufacturing sector. The potential hence for overseas firms under CEPA is enormous. A problem with a large number of China FTZ was that they were not connected to ports. Thus cargo had to undergo customs check procedures prior to entering the FTZ or port. The opportunities for businesses in the services sector is enhanced by CEPA. The best way for overseas service suppliers to leverage on CEPA to gain access to the Mainland market is to set up a service company in Hong Kong, or partner with, invest in or even acquire service suppliers in Hong Kong. Overseas service suppliers acquiring an existing Hong Kong service supplier need to operate in Hong Kong for one year to demonstrate they are carrying on substantive business operations after the acquisition. If a foreign services supplier acquires less than 50 percent equity interest in a Hong Kong service supplier, the one year time bar does not apply. Better transport infrastructure will improve access to Mainland markets and enhance CEPA aims. For example, the integration of regional transport networks will be enhanced by the development of the Hong Kong-Zhuhai-Macau Bridge which has an expected completion date of 2016. Notably, it is an ongoing process of liberalization between the Mainland and Hong Kong. Hong Kong long-term economic prospects based on being able to maintain competitiveness and importance as a major centre for international finance, trade, transport and logistics, professional services, communications and tourism. In the past five years, Hong Kong has been positioning itself to sustain reasonable economic growth in a rapidly-changing, knowledge-based world. Reforms have been launched in the key areas of financial services, education and the public sector to enhance Hong Kong attractiveness as a business hub with a highly-skilled workforce and a small, efficient government. Major steps have been undertaken to improve the environment, consolidate and enlarge Hong Kong position and to build the infrastructure needed to ensure continued development as a hub for trade and transport in Asia, and in particular the rapidly growing Pearl River Delta. Concerted efforts have been taken to promote and position Hong Kong as Asia world city. The Brand Hong Kong programme, launched in May 2001, is a long-term undertaking to focus greater international attention on Hong Kong strengths and advantages as the most free, open and cosmopolitan city in Asia. Container Terminal 9 (CT9), now being completed on Tsing Yi Island by the private sector, will consolidate Hong Kong position as the worlds busiest and most efficient container port. The 68-hectare project will have six berths and a design capacity to handle more than 2. 6 million twenty-foot equivalent units (TEUs) a year. CT9 in a following years will bring annual total capacity at the Kwai Chung Container Terminal Basin to more than 15 million TEUs. The new marine basin will be able to handle the largest container ships. Threats Since 1997 when Hong Kong was returned to PRC the HIT has served as the gateway to China because of its strategical location in the Pearl River Delta region of southern China, the most advanced trading region in China. The Pearl River Delta Economic Zone, has been the most economically dynamic region of the Chinese Mainland since the beginning of China reform programme in 1979. The Chinese government establishment of a special economic zone in Shenzhen in 1979 gave an oportunity for Hong Kong and its container port to benefit from access to China, however development of mainland container ports in recent years has challenged HIT. Mainland ports invested in upgraded facilities with the help of foreign capital and a rapid move to privatization of ports. „Since 1985, mainland China has invested more in its port development than the rest of the world combined?. Kevin Cullinane, Wang Teng Fei and Sharon Cullinane, „Container Terminal Development in Mainland China and Its Impact on the Competitiveness of the Port of Hong Kong? Recent reports suggest that Chinese factories are moving further inland and in some cases, closer to Shanghai and the Yangtze River Delta, seeking to lower evergrowing costs. The forecast annual growth rate for cargo in the region is 8. 6 per cent to 2020. The forecasts imply that Shenzhen market share of cargo in the region will increase to 55 per cent (from 16 per cent in 1999). Furthermore and contrary to the implications suggested by the report outlined above, the United Nations Economic and Social Commission for Asia and the Pacific pointed out that „by 2020 Shanghai is expected to be overtaken by Shenzhen to become the world? s largest container port.? Kevin Cullinane, Wang Teng Fei and Sharon Cullinane, „Container Terminal Development in Mainland China and Its Impact on the Competitiveness of the Port of Hong Kong? It is, of course, impossible to forecast which outcome will prevail. In the meantime most ports in China are concentrating on expanding capacity and upgrading and modernizing port facilities and operations. It is possible that many of Shenzhen business-friendly policies have been inspired by Hong Kong well-established and competitive customs and trade regimes, low tax and industry incentives. Nevertheless Hong Kong retains a number of competitive advantages such as well-integrated finance, legal and other service sectors, including a healthy body of industry groups. Hong Kong is clearly establishing itself as a hub for maritime services. Its traditional role as a transshipment hub will continue to face pressure from mainland China where the vast majority of export goods historically shipped from Hong Kong are manufactured. The implementation of FTZ and associated financial incentives for the maritime sector establishes the Mainland ports as a sustainable option for marine businesses, especially those seeking to move closer to manufacturing sources. Mainland ports traditionally competed at the lower end offering the lowest port charges in the region but with limited destinations and low service frequency. Yantian Port had the highest charges on the Mainland but offered a more competitive turnaround time and better global network integration. Various incentives and a rapidly developing economy in the Pearl River Delta region have shifted the balance.

Gun politics in the United States Essay

To draw up case studies, it is first important to understand its various aspects. For an effective case study, one must first understand the principles of a case. It is important to understand what a case is, the types of cases there are and their purposes. Following this understanding, the methods of analyzing and discussing cases must be explored. After mastering these skills, The three stages of problem, decision and evaluation are vital to the organization of the case study. 4 ? 5 6 7 ? In all case studies we should first explore the brief synopsis of the case and its pedagogical objectives. 8 9 ? In a case method classroom, both the instructor and students must be active in different ways. The art of a case method instructor is to ask the right question at the right time, provide feedback on answers, and sustain a discussion that opens up meanings of the case. If students don’t come to class well-prepared, the case method will fail because the people responsible for making meaning from the case are not equipped to do it. ? 10 ? Case discussions are full of facts and information, but they aren’t shaped into single interpretation, the â€Å"truth†. Instructors don’t announce definitive conclusions or right answers, although they may discriminate between more and less plausible solutions. Students enter and leave the classroom responsible for the outcomes of the discussion. For students, this is a shift from the comfort of authority and single truth to the hard work of personal responsibility and the unease of ambiguity and multiple meanings. ? 11 ? Cases are verbal representation of reality. Real business situations involve uncertainty and don’t present selected and sorted information. ? A case must have 3 characteristics: 1) a significant real world business issue or issues 2) Sufficient information on which to base conclusions 3) No stated conclusions 12 ? Many cases have these complicating properties: 1) Information that includes â€Å"Noise†- false, irrelevant†¦ testimony by characters in the case 2) Unstated information that must be inferred from the information that is stated 3) Nonlinear structure 13 ? A well-written case must have these characteristics. Reader of the case must be able to: 1) Construct conclusion from the information in the text 2) Filter out irrelevant portions of the text. 3) Furnish missing information through inferences. 4) Associate evidence from different parts of the case and integrate it into a conclusion. 14 ? Noise is a characteristic of real situations. Today, we are flooded in information, much of it of little value. Every case, whether it has a large amount of information or very little, requires the reader to make inferences. This can be the most difficult transition from textbooks and lectures. ? If memorization is the primary skill of the lecture model, inference is the primary skill of the case model. Furthermore, cases do not have a linear structure and are not presented in the most logical way. ? 15 ? There are 3 possible approaches to reading the case: 1) Receive it 2) Find it 3) Make it (appropriate for cases) ? â€Å"Receive it† states both subject and its significance (fits a text such as news story) â€Å"Find it† states keys and clues to find the solution (fits a text such as mystery novel) On the first reading of the case, it can seem to be a whole that is less than the sum of its parts. Indeed, the most basic matters of fact are not clearly stated or are stated in multiple ways. Students have to read a case actively (Active Reading) and construct their own meaning based on pedagogical objectives of the case and the theories and concepts already discussed in the class. 16 ? ? ? A case is a text that refuses to explain itself; hence, a meaning needs to be constructed for it. To analyze a case, the contextual factors concerning it must first be studied in order to allow a deeper understanding of the case (Situational analysis) Contextual information helps to limit and narrow the analysis of the case. Courses are often divided up into different modules or themes defined by certain types of situations and, often, concepts, theories, and practices appropriate for these situations. Students should learn how to make a case with relevant information based on the objectives of the case or questions already given by the instructor. 18 ? ? ? The method of analyzing a text is heuristic, meaning that important aspects of the situation in which the case is set must be identified and understood. This is a term used for self-guided learning that employs analysis to help draw conclusions about a situation. 19 ? Analysis has two closely related definitions: to break something up into its constituent parts; and to study the relationships of the parts to the whole. To analyze a case, you therefore need ways of identifying and understanding important aspects of a situation and what they mean to the overall situation. ? Thinking about a case must start before you begin making it. This way, the different questions arising about the case can be answered during the reading process. For example, the framework of a certain concept may guide a product launch decision. Hence, specialized methods are advantageous in achieving well-defined purposes. 20 21 22. 23 The following will provide a starting point for further understanding the different aspects of analyzing a case: ? There are four types of situations which appear repeatedly in case: †º Problems †º Decisions †º Evaluations †º Rules (complicated for beginners) 24 ? The definition of â€Å"problem† as a case situation is quite specific, unlike its other suggestions. Problem is a situation in which there is a significant outcome or performance, and there is no explicit explanation of the outcome or the performance. A problem in a case study is when the outcome or performance is significant yet there is no clear explanation of why it has happened. The causes of these outcomes are important to know so that the situation can be improved. ? 25 ? The outcomes of the cases may be negative. This is as a result of the fact that the change effort of the manager may be self-destructive. This result may arise from weaknesses that are unapparent. For efficient problem analysis, the problem first has to be defined. This is where success can come to be seen as a problem, in its own special meaning. ? ? Next, the problem must be explained by linking the outcome or performance to its root causes. Specialized methods of business disciplines are needed as tools to carry out this analysis. 26 ? Problem analysis begins with a definition of the problem. That seems obvious, yet many cases do not state a problem. As a result, you will first need to realize that a problem does exist. After this, you must define it yourself. Next, you must work out an explanation of the problem. This can be done by linking the outcome or performance to its root causes. This is the main work of problem analysis. To carry it out, you will need to employ the relevant tools, the specialized methods of business disciplines such as Strategy or SCM or operations management. 27 ? Would Barnes & Noble have benefited (or been hindered) by its physical organizational structure and management processes in its attempt to strengthen its position as an electronic commerce product/service provider? Defend your arguments. 28 ? Many cases complicate the decision immediately. Many of these are organized around an explicit decision. The decision, however, should not be based on other situations. The existence of an explicit decision is an important distinction, because nearly all business cases involve decision. In many other cases, however, the decisions are implicit and dependant on another situation. The decisions featured in various cases vary greatly in scope, consequence and available data. An executive must decide whether to launch a product, move a plant, pursue a merger, or provide financing for a planned expansion. ? 29 ? Analyzing a decision requires the following, regardless of the dimensions of a decision: †º Decision options †º Decision criteria †º Relevant evidence ? The decision options are often mentioned in the case itself. A stated decision needs to be followed by a statement of the alternative decision options. Finding these or coming up with them can be set as the first goal of the analysis. 30 ? In making a rational decision, the appropriate criteria need to be determined. By thoroughly studying the specifics of the case with the help of specialized methods, the criteria can be derived from the case, as they are not likely to be directly stated. The criteria are then used to develop evidence so as to complete a decision analysis. The decision must be the best option between the evidence and criteria available. In decision analysis, no decision is objectively correct. The goal is to find a decision that creates more benefits than the alternatives, as well as having less severe downsides. 31 ? ? â€Å"If we are to continue outsourcing, and even consider expanding it, why should we keep paying someone else to do what we can do for ourselves? † what are the stimuli behind such a statement to reflect on eBay customer support decision? 32 ? In an evaluation, a judgment is expressed about the worth, value, or effectiveness of a performance, act, or outcome. An outcome can be the subject of an assessment. The analysis of an evaluation can be based on any unit, from an individual to a global region. ? The outcome can be the subject of an assessment. The competitive position of a company, for instance, is the outcome of numerous decisions and performances as well as contingencies such as macroeconomic conditions. 33 ? Evaluations require appropriate criteria for setting the standards for assessing worth, value, or effectiveness. These criteria can be inferred from the particulars of a situation, with the aid of specialized methods. An overall evaluation will express the best option between the evidence and the criteria. Another requirement of an evaluation is that it includes both positive and negative aspects. Both strengths and weaknesses require analyzing. ? ? 34 ? 1. Is it justifiable for a company like Amazon. com to continue investing so much money and effort in a business operation that not only has made a profit for nearly 5 years but was incurring heavier losses? (Refer to the company’s financial statements) 35 ? The key to the analyzing process is active reading in order to make a case, as it is interrogative, purposeful, and iterative, meaning that you make multiple passes through a case and each time reading with various purposes. 37 ? Three factors contribute to active reading: a goal, a point of view, and a hypothesis. Goal of Analysis – Concrete limits must be set in order to derive the desirable information form the case. In addition, a time limit can be used to make the time spent on analyzing the case more productive. the main character. This way, making a decision as a person in that situation will help making conclusions easier. compare and contrast a concrete statement against case evidence. †º Point of View – It is effective to pout oneself in the place of †º Hypotheses – This gives the advantage of being able to 38 ? The process of working on a case has five phases: 1) Situation 2) Questions 3) Hypothesis 4) Proof and action 5) Alternatives 39 The analysis can first be structured as a series of questions and then identifying the situation by reading the first and last sections. The opening or end of a case may present partial or complete descriptions of the problem as well as expressing a tension or conflict vital to the analysis. 40 Knowing the situation allows you to ask questions pertinent to a problem, a decision, or an evaluation. Hence, the stages previously stated can develop the needed understanding to ask the questions in this second phase. Making a content inventory of the case, to locate information that might be used to answer the questions about the situation, can be useful. 41 †º Problem – Who or what is the subject of the problem? What is the problem? Am I trying to account for a failure, a success, or something more ambiguous? What is the significance of the problem to the subject? Who is responsible for the problem and what might he need to know to do something about it? †º Decision – What are the decision options? Do any seem particularly strong or weak? What is at stake of the decision? What are the possible criteria? What might the most important criteria be for this kind of decision? Are any of the criteria explicitly discussed in the case? †º Evaluation – Who or what is being evaluated? Who is responsible for the evaluation? What is at stake? What are the possible criteria? What might the possible criteria be for this sort of evaluation? Are any of the criteria explicitly discussed in the case? 42 ? Instructor may decide to provide situation guidelines and questions regarding the case study for students: 1) Situation 2) Questions 3) Hypothesis 4) Proof and action 5) Alternatives 43. This is the most important phase while working on the case. This involves narrowing the possibilities to the one that seems most plausible. There are different aspects to take into consideration, depending on if you are dealing with a problem, a decision, or an evaluation. Recording your thought process can help the development of this stage. 44 ? – Make sure you know the problem that needs to be diagnosed. Consider whether the characteristics of the problem suggest causes. – Think about the frameworks that seem most appropriate to the situation. Quickly review the specifics of the frameworks if you are not certain about them. – Pursue the diagnosis by looking at case information through the lens of the cause you are most certain about. – For each cause, make a separate pass through the case looking for evidence of it. – If the case has a lot of quantitative evidence, to what case is it most relevant? If you do not have a case relevant to the quantitative evidence, formulate one. Work up as much relevant, high-value quantitative evidence as you can. – In a case with a protagonist (central character), consider whether she is a potential cause. If you think she is, work out how she contributes to the problem. Problem 45 Energy = 2/3 consulting + all of technology service Industry = 1/3 consulting + all of certification 46 ? Decision – Review the criteria you have come up with so far. Which do you have the most confidence in? – Review the decision options. Do any seem especially strong or weak? – Apply the criteria that seem to identify the most evidence in the case. – Investigate the strongest decision option with the criterion you have the most confidence in. or, if you are reasonably certain about what which is the weakest, see if you can quickly dismiss that option. – If the case has a lot of quantitative evidence, which criterion is most relevant to it? If you do not have the criterion relevant to the quantitative evidence, formulate one. Work up as much relevant, high-value quantitative evidence as you can. – If there are conflicts about the decision between individuals or groups, think about why it is. Look at the decision from the point of view of each of the parties to the conflict. – If the protagonist is in a difficult position in relation to the decision, consider why that is. 47 48 49 ? Evaluation – Review the criteria you have come up with so far. Which do you have the most confidence in? – What are the terms of the evaluation going to be? Do any stand out in the case? – Do you already have a sense of the bottom-line evaluation you favor? If you do, what are the reasons for the preference? Pursue those reasons. – Start by applying the criterion that seems to identify the most evidence in the case. – Investigate the most positive range or the most negative with the criterion you have the most confidence in. – Investigate the most positive rating or the most negative with the criterion you have the most confidence in. – If the case has a lot of quantitative evidence, which criterion is most relevant to it? If you do not have a criterion relevant to the quantitative evidence, formulate one. Work up as much relevant, high-value, quantitative evidence as you can. 50 08 😕 ?†¢  «  » ( )? ?†¢  «  » ( )? ?†¢  «  » ( )? ?†¢  «  » ( )? 😕 ?15? A hypothesis drives a different approach to the case. You will start proving something you have already found out. Evidence supporting the hypothesis can be found in this stage. After this, the evidence can be assessed and a decision option can be drawn up, also finding the actionable content of the decision made. The last phase involves questioning your own hypothesis. This means reading your hypothesis and evidence with a critical eye. In this way, you can be the one who notices the weaknesses in the first place. †º †º Problem – Can the problem be defined differently? Would that make a difference to the diagnosis? Are there any holes in the diagnosis – could there be causes missing? What is the weakest part of the diagnosis? Could an entirely different diagnosis be made? What would it look like? Decision – What is the biggest downside of the recommended decision? How would you manage the downside? What is the strongest evidence against the recommendation? How would a case for the major alternative look? 55 †º Evaluation – Have you been objective and thorough ? If a hypothesis, after all these stages of analyzing and evaluation, fails, looking at alternative ideas can help to come up with another, stronger, hypothesis. This can be made into a useful learning experience for gaining more expertise. Such a case may arise if you perhaps overlooked important information or not used specialized tools effectively. about the evaluation findings that oppose your overall assessment? Think how a different overall evaluation might be proved. Have you accounted for factors that the subject of the evaluation could not control? 56 ? Potential for further discussion 57 ?†¢ 02 0102 ? Deepwater Horizon , 11 ? 71 . 3 002 ? ? .? ?85? ? The variables that influence the path and quality of a case discussion include the instructor, the students, the case, and a host of other possibilities such as the physical setting, the time of day, or the proximity to exams. The only variable that you can control is yourself. Case discussions are the most important part of Industrial Engineering and Business studies classrooms. This method encourages students to apply their learned theories and be able to contribute as part of a group to converse in a business matter. Therefore, skills to communicate and participate are very essential. 60 ? ? A case is a condition explained in which the students attribute with giving their own opinions about it, as well as listening to their peers. It is important for everyone in the case class to contribute in the discussion and comment on it. 61 ? Unfortunately there are some students who do not find it comfortable to participate in the class and feel threatened. This could be due to several reasons. ? The language used in the class might be different from their mother’s tongue and therefore give them the fear of making a mistake in front of their native speaker peers. They might have the fear that they do not have enough knowledge and background about business as others do, and therefore make themselves look silly by making a useless comment and several other reasons, which limits students from participating. Strategies have been used by instructors to overcome these kinds of fears. 62 ? ? Preparing comments and speeches are among the tactics used to overcome fears. Students prepare all their comments and what they want to say before the class and write them down, ready to be said. They will feel comfortable thinking they will have a valuable point to make. This is not always right. A discussion is not predictable, and the preparation might not work very well. The discussion might go into a totally different path in which the prepared points are irrelevant. On the other hand a flexible plan preparation can be helpful. It only causes problems when it is â€Å"over prepared†. ? 63 ? Another tactic is to enter the discussion with a delay, which is after listening to the peers and the professor and trying to make a comment relevant to theirs. This is not a very good way. In fact, it makes it harder to enter a discussion, thinking that only a perfect comment will give him the power to break into the discussion. Therefore the earlier the student starts participating, preferably from the first class, he will feel more comfortable. ? 64 ? Case method exposes risk which is shared by everyone. Risk isn’t purely negative; it is a motivator to do the hard work the case method requires. The most valuable advice about case discussion is to speak up early. Speaking up early not only reduces the nervousness of being in the spotlight It also assists you in setting realistic expectations for yourself. †º Setting a limit on your case preparation has several benefits: it puts a healthy pressure on students to use the time well; and it encourages students to pay attention to how you analyze a case. †º Read the case actively. Reading passively is one of the most important obstacles to efficient analysis. 65 ? In addition, students can try to get to know each other outside the classroom. This reduces their fear and strangeness towards each other. ? They can meet outside the classroom. This will definitely change the environment in the classroom. Building a social network is important to case discussion. Students surrounded by classmates who clearly respect them will probably be at least a little more willing to take risks in discussions. The often subtle but damaging influence of stereotypes about gender, personal appearance, and many other characteristics can be muted when people get to know each other as they are instead of what they are projected to be. A classroom friend can encourage a quiet student to speak up or to take bigger risks with his/her comments 66. Regardless of business seriousness, it is also  helpful to be funny at some points, and make others enjoy the class with a little humor. participation. However it should be accompanied by participating. It is important to listen to everyone carefully and contribute equally, and do not hesitate to talk whenever an idea pops in the mind. †º Listening is the most important factor of 67 †º Take a little time after class to think about the discussion before the memory of it fades away, you’ll capture more of the value of the classroom experience. The short-term benefit is greater clarity about the issues that link on case to another and lends coherence to a course. In long run, these takeaways become your personal bible for leadership. is the product of useful contributions over a period of time, not occasional bravura performance. †º You need to be patient. Effective collaboration 68 ? In conclusion, it is important to first analyze and discuss a case to develop one’s understanding of it. Afterwards, the knowledge gained can be employed to draw up the planning of the casebased essay. Finally, using the guidelines outlined, the different aspects of the case analyzed can be used to write up a well-researched essay. 69 ? Ellet W (2007) The Case Study Handbook: How to Read, Discuss, and Write Persuasively About Cases (Boston: Harvard Business School Press) ECCH Case Study Workshop 2010 ? 70 View as multi-pages TOPICS IN THIS DOCUMENT Scientific method, Casebook method, Case study, Qualitative research RELATED DOCUMENTS How to analyse case study †¦ How to analyse a case study Step 1: Get a general impression †¢ Which organisations and industries/sectors does it relate to? †¢ Is the organisation doing well or badly and how has it performed in the past? Is it an organisation that has an unbroken record of success or has it fallen on hard times? †¢ Look at the development of the organisation over time. What strategies has it pursued? Which have succeeded and which have failed? 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Key elements of a case study report What is a case? A case might be: ? A†¦ 4076 Words |