Job hunting after graduation Essay

If you’ve left university and don’t yet have a job, here are tips on creating an action plan for finding work. It’s widely acknowledged that it’s harder than it used to be to land your first graduate job, and more people now find they are graduating without a job to go to straight away. If you are one of them, don’t panic. Take the opportunity for a short rest, then focus on what you can do to make things happen. 1. Keep looking The good news for graduate job hunters is that employers are now recruiting all year round. Traditionally, most graduate jobs were advertised in the autumn ‘milkround’, with many students having a job offer before they sat their finals. These days, graduate employers are more likely to advertise on an ad hoc basis, as jobs become available or as they get additional budget for recruitment. So don’t stop looking. The gradireland Summer Fair that takes place each June in Dublin is a chance to meet employers who did not fill all their jobs in the autumn or who have new vacancies. Use the same vacancy sources as when you were at university: gradireland.com, your careers service website etc. But don’t just rely on these: spread your net as far as possible. 2. Network Tell everyone you know that you are job hunting; be open to any suggestions. Start with family and friends, then build new relationships through them. The more contacts you make, the more likely you are to find out about opportunities and meet people who can help you. The majority of job vacancies are not advertised, so word of mouth can be very valuable. It can also be worth making speculative applications. These work best when they are targeted to an organisation that you have researched and know you want to work for: a few carefully-written applications are more  effective than hundreds of standard letters. Work experience or voluntary work can also widen your pool of contacts and provide a foot in the door of the industry you’d like to work in. Don’t spend all summer on Facebook. Use a range of social media to make new contacts and find out about new opportunities. Follow employers on LinkedIn, search Twitter for news of the industry you’re interested in, use everything to ‘meet’ new people. Start a blog: done well, it could be a good addition to your CV by highlighting your expertise, creativity or networking skills. 3. Apply for internships There are several internship programmes now available, many aimed specifically at graduates. These tend to vary from three months to a year. Some offer payment on top of your benefits while others carry accreditation; some even give an opportunity to work abroad for a while. Some of the main schemes currently available are:2. Network Tell everyone you know that you are job hunting; be open to any suggestions. Start with family and friends, then build new relationships through them. The more contacts you make, the more likely you are to find out about opportunities and meet people who can help you. The majority of job vacancies are not advertised, so word of mouth can be very valuable. It can also be worth making speculative applications. These work best when they are targeted to an organisation that you have researched and know you want to work for: a few carefully-written applications are more effective than hundreds of standard letters. Work experience or voluntary work can also widen your pool of contacts and provide a foot in the door of the industry you’d like to work in. Don’t spend all summer on Facebook. Use a range of social media to make new  contacts and find out about new opportunities. Follow employers on LinkedIn, search Twitter for news of the industry you’re interested in, use everything to ‘meet’ new people. Start a blog: done well, it could be a good addition to your CV by highlighting your expertise, creativity or networking skills. 3. Apply for internships There are several internship programmes now available, many aimed specifically at graduates. These tend to vary from three months to a year. Some offer payment on top of your benefits while others carry accreditation; some even give an opportunity to work abroad for a while. Some of the main schemes currently available are: Ireland JobBridge FAS Work Placement Programme IBEC Export Orientation Programme Graduates for International Growth (G4IG) Northern Ireland Graduate Acceleration Programme Applying for internships via an official programme gives you a degree of security. You may, of course, also find an internship by applying directly to the employer. It’s advisable to be aware of your employment rights and the Congress website is a useful source of information. Internships are not just a stop-gap on the way to a permanent job: as a ‘taster’ of a particular sector they can also help you to choose which career you ultimately would like to pursue. Whatever you do, you will gain new skills and experience to add to your CV. 4. Improve your employability Remember that you can still get help from university careers services after you graduate – either at your own university or, if you’ve moved back home, another higher education institution. Make an appointment if you need advice  on how to develop and market your skills or to improve your CV. Despite the downturn, there are still areas where there are skills shortages and unfilled vacancies. If you have the aptitude, consider upskilling, perhaps through a conversion course in IT, or by learning a language. ‘Lifelong learning’ is now considered essential even for those already in work, so if you have spare time use it to read and learn about the area of work you want to get into. Work on your employability skills: writing, administration, team-working, communication etc. You’ll be in a strong position if your job applications can demonstrate these qualities. Consider voluntary work as a way of adding to your portfolio of experience and learning new skills. There are opportunities for short and long-term involvement, whether it’s helping out at a local organisation or working for a national charity. 5. Be open to opportunities Realistically, it may not be immediately possible to get a graduate-level job. If something else is available – even if it is a casual or temporary job – try to use it as a stepping stone. A job in admin or customer support could lead to a more senior position in the same company later. It will let you prove that you have workplace experience and a good work ethic, and can give you transferable skills to add to future job applications. Don’t overlook small businesses. There are a lot of them, so add up to a major force as employers. They may not advertise specific ‘graduate’ vacancies but can be a good environment if you’re at the beginning of your career as there is often more flexibility to learn new skills. 6. Don’t give up Taking a year out or signing up for postgraduate study may be tempting as a way to postpone looking for work. They are worth considering if you are sure that you can demonstrate afterwards the benefits to employers. Otherwise, think carefully about whether this will help in the long term. It’s not necessarily the easy route, but the best course of action may be to stay put, stay positive and stay persistent. If things aren’t going well, review your progress and ask for help and support if you need it.

A Study On A Structural Necessity Architecture Essay

Within the societal scientific disciplines the term construction besides seems have different options. At possibly the most cardinal degree, within the field, the societal scientific disciplines themselves are broken into separate subjects in an attempt to decently analyze, analyse, and categorise different types of information, therefore supplying a sense of order or construction. Yet even these divisions are inconsistent across the field. At one institute sociology and anthropology may be joined in a individual plan of survey yet at others they are wholly separate and possibly assorted with another, such as linguistics. Beyond specifying itself the societal scientific disciplines have a singular ability for classifying, reclassifying, and re-reclassifying things ( including but barely limited to race, civilization, historical periods, theoretical models, methodological analysiss, and gender ) on a regular footing. In 1978, Edward Said, in his book Orientalism, identified a really controversial division between Europe and the Orient. Since so there have been important arguments on the ground for such a division, and even if such a division genuinely existed. Janet Abu-Lughod, in 1989 wrote â€Å" Analyzing a System in Formation † , in which she agreed that there is a recognizable division between the Europe and the remainder of the universe. Indeed she suggests that there is a incorporate universe construction and it is based on a Eurocentric theoretical account which developed around the 14th century. Within societal scientific disciplines this of course raises the inquiry, is the strong accent we give to construction an unconscious affect of the Eurocentric beginning of our theoretical account? Or is construction a more permeant thought? This essay contends that while a big part of the authorship in societal scientific discipline literature is Eurocentric in beginning, the construction, and more specifically the thought of construction is non limited to European idea. Levi-Strauss ‘ thoughts of infrastructure offers a strong statement that construction, as Abu-Lughod describes it, is simply the superstructure representation of an implicit in infrastructure common throughout all human civilizations. Then before turn toing the signifier of construction in the superstructure of our modern universe system, we must inquire whether determine whether construction is needed, or instead can we gestate of a universe, or societal scientific disciplines, without construction? Finally, manners of communicating will be used to demo how construction is exhaustively embedded in our universe even when it is non perceived. InAnalyzing a System in Formation, Janet Abu-Lughod really indicates her beliefs that the current construction of societal scientific disciplines is dominated by its European beginnings. Indeed while citing others, she gives provinces that the current universe system is wholly Eurocentric. For illustration, she recognizes Immanuel Wallerstein for coining the term â€Å" modern world-system † and that Europe lead development of this system, which has lasted more than 500 old ages. ( Abu-Lughod, 4 ) She supports this contention with the plants of Fernand Braudel and Eric Wolff who describe how a euro-centered universe was established in the 14th century and was the footing for the current universe system. ( Abu-Lughod, 9 ) Indeed, she accuses Braudel of doing an â€Å" unconscious Eurocentric faux pas. † ( Abu-Lughod, 11 ) In these illustrations the thought of Eurocentrism is difficult to lose. As Abu-Lughod points out, â€Å" Before Europe becameoneof the world-economies in the twelfth and 13th centuries†¦ there were legion pre-existent world-economies. † ( 12 ) Looking at the modern system it is possibly excessively easy to see the strength of the European influence upon the system, whether in currency rates, human rights issues, or a assortment of other countries. But to state that the modern system is purely based on this influence suggests that all other systems have either been discarded or go subservient to the Euro-centric theoretical account. Yet we have merely to come in a non-European state to recognize merely how diverse the differences elsewhere remain. Surely the strong grades of European influences are felt in South Africa or India, where English is widely spoken. And similarly in Algeria and Egypt where Arabic is still the national linguistic communication but a turning per centum of the population speak French and English, severally. Yet in each instance, although they have adopted parts of the Euro-centric theoretical account, they have each molded their ain signifier. Rather than being consumed Europe they have been influenced by it. But the influence is non unidimensional, instead influences flow back and Forth between parts. The ongoing argument in France sing hijab and other spiritual symbols in public schools is declarative of the concern felt by many in France of the turning Muslim population. Likewise, the alterations in corporate leading methods over the past decennary, from individualistic to more group-oriented, reflect an inflow of new thoughts from Japan and other states in Southeast Asia. In the terminal, Abu-Lughod was at least partly right ; Europe has influenced the construction of the world-system. But the world-system, and including Europe, has been influenced by the remainder of the universe. In a similar mode, while the construction of societal scientific disciplines found its beginnings in Europe it has, particularly in recent decennaries, been strongly influenced by the remainder of the universe. The construction that remains is non a massive creative activity but instead an merger which is invariably in flux. Leading possibly to the inevitable inquiry, are we utilizing the right, or the best system? Or do we even need to make this construction? When composingThe Ritual Processin 1969 Victor Turner gave us the term ‘anti-structure ‘ . His term was non meant to connote a deficiency of construction. In â€Å" Metaphors of Anti-Structure in Religious Culture † he clarified his term stating, â€Å" †¦ the ‘anti ‘ is here merely used strategically and does non connote a extremist negativeness. † ( 272 ) He farther explains, â€Å" I do non seek the obliteration of affair by signifier. † ( 273 ) Rather than proposing non-structure, the term anti-structure is conceived as yet another portion of the whole non to the full accounted for within the bing construction ; they are two-sides of the same coin. Within societal scientific disciplines as a whole at that place ever seems to be a construction. Disciplines are broken down by topics or methods. Subjects are broken down by location or clip period. Information is so pigeon-holed into a peculiar subject within a topic under a subject. Sometimes these topics and subjects are realigned, and sometimes information is referenced in multiple topographic points, but there is consistent effort to happen a topographic point everything ; or as the expression goes, â€Å" A topographic point for everything and everything in its topographic point. † But why must everything be put in its topographic point? And is there truly a topographic point for everything? Historically, our classification systems last until something does n’t suit. After seeking legion unsuccessful ways to accommodate our theoretical account and our information we acknowledge the job and expression for a new construction ; what sociology of cognition would cal cubic decimeter a revolution of cognition. But is a construction necessary? Can we gestate of our societal scientific discipline information outside the restraints of construction? If it is possible, we do we invariably seek to develop a more accurate and/or effectual construction? One might reason that early ethnographers, such as Marco Polo and Sir Richard Francis Burton worked outside the restraints of construction. They successfully documented important information without being purely attached to a peculiar subject. Indeed such plants frequently contain a wealth of information because they include a great assortment of different types of information. In a similar mode Clifford Geertz ‘ experience as described inDeep Play: Notes on the Balinese Cockfightcan be viewed as working outside the constituted construction. His intended survey was, no uncertainty, sanctioned and developed along certain guidelines. However, when he allowed himself to be caught up in rabble outlook brought on by the sudden reaching of the constabulary he was non moving within the restraints of any guidelines. Indeed Geertz ‘ description of the police officer ‘s action on page 415 suggest that he was movingagainstthe established construction. When we read about the Balinese cockfight and implicit in construction is easy to individuality. Peopless are identified by originals and specific subjects are ethical motives are indicated. The analysis itself is really structured, and that is where the construction seems to fall within much of the societal scientific disciplines, particularly anthropology. In order to pass on the information to others we construction it in such as manner that it becomes relevant to our audience. Yet the existent assemblage of information, though possibly limited by a pre-defined field site and research inquiries, can be a non-structured action. In my research of the effects of nomadic communicating engineerings, I frequently find it hard to non see a construction. Due to my experience working on the mechanical side of the engineering, I frequently construction the engineerings, and thereby the people, without detecting. A adult male in a suit utilizing a Blackberry phone seems is deemed a concern adult male, while a similar adult male have oning denims and utilizing an iPhone is deemed a college pupil. Likewise, person utilizing Linux is considered more technologically savvy than person utilizing Windows or an Apple OS, irrespective of their existent competency. From a proficient position, nomadic phones require a physical web to enable communicating. Unlike a land line phone which offers interaction between to fixed points in infinite, a nomadic phone offers an tantamount interaction at two random points. Furthermore, the cellular engineerings allow for non-stationary points, significance communicators are no longer tied to a fixed location. Enabling this nomadic communicating is an substructure web kindred to Levi-Strauss ‘ infrastructure of society. This is the unseeable, underlying system which ties everything together. With nomadic phones, a cellular web must be developed and maintained. This web must let easy connexion and must be linked to other cellular webs to enable transferring of one communicator to different locations with disrupting the manner of communicating. Finally, for this method to be genuinely effectual the web must be built around the communicators and their venues ; a cellular web in an empty desert serves no intent. Developing an effectual web therefore requires consciousness of bing locations of communicators and a method of mapping that information into a cellular web. Thus a construction develops based on the demands of a community. Of class, the communicators are by and large incognizant of this web. A adult male simply dials a figure on his Mobile phone, irrespective of where he is, and his married woman replies at some other unknown and apparently unrelated location. There is no demand for the users of this system to be cognizant of its nature, however the system does be. It is really easy to look around and see merely pandemonium. We are non required to see constructions in our day-to-day life. We take the construction itself for granted, yet that does non intend it does non be. We may gestate of cases where persons move outside the construction, or in a non-structured signifier. Yet when we seek communicate these actions we do so in a structured mode. The analysis, the manner we present the information, even the really linguistic communication itself contains an in agreement upon construction which allows us to pass on. But the construction is non massive and unchanging. A changeless duologue between different influences forms and reshapes the construction. We influence others even while we are influenced. At times a certain type of construction, such as the European theoretical account may look to rule but in clip even it is seen to be influenced by others. In the terminal thought of construction is in an built-in thought throughout the universe, a nd it is merely the peculiar signifier, what Levi-Strauss called the superstructure, that is distinguishable. Bibliography Abu-Lughod, J. ( 1989 ) . â€Å" Analyzing a System in Formation. † InBefore European Hegemony: The World System A.D. 1250-1350. Oxford, UK: Oxford University Press. Pp 3-40. Althusser, L. ( 1970 ) .Ideology and Ideological State Apparatuses.Retrieved on 28 Feb 10, From The Louis Althusser Internet Archive: hypertext transfer protocol: //www.marxists.org/reference/archive/althusser/1970/ideology.htm. DiTornaso, N. ( 1982 ) . â€Å" ‘Sociological Reductionism ‘ from Parsons to Althusser: Associating Action and Structure in Social Theory. †American Sociological Review, 47 ( 1 ) : 14-28. Geertz, C. ( 1973 ) . â€Å" Deep Play: Notes on a Balinese Cockfight. † InThe Interpretation of Cultures. London, UK: Hutchinson, Pp 412-454. Geertz, C. ( 1973 ) . â€Å" Thick Description: Toward an Interpretive Theory of Culture. † InThe Interpretation of Cultures. London, UK: Hutchinson, Pp 3-30. Goffman, E. ( 1963 ) . â€Å" Stigma and Social Identity. † InStigma: Notes on the Management of a Spoiled Identity. Englewood Cliffs, NJ: Prentice-Hall. Pp. 1-40. Levi-Strauss, C. ( 1958 ) . â€Å" Structural Analysis in Linguistics and in Anthropology. † Retrieved on 13 Feb 10, From The Marxist Internet Archivess: hypertext transfer protocol: //www.marxists.org/reference/subject/philosophy/works/fr/levistra.htm. Mintz, S. ( 1977 ) . â€Å" The Alleged World System: Local Initiative and Local Response. †Dialectical Anthropology, 2 ( 4 ) : 253-270. Nugent, D. ( 2009 ) . â€Å" Knowledge and Empire: The Social Sciences and United States Imperial Expansion. †Identities:Global Studies in Culture and Power, 17 ( 1 ) : 2-44. Trouillot, M-R. ( 1991 ) . â€Å" Anthropology and the Savage Slot: The Poeticss and Politicss of Otherness. † InRecapturing Anthropology: Working in the Present. Richard Fox ( erectile dysfunction ) . Pp. 17-44. Turner, V. ( 1975 ) . â€Å" Metaphors of Anti-Structure in Religious Culture. † InDramas, Fields and Metaphors: Symbolic Action in Human Society. Ithaca, NY: Cornell University Press. Pp. 272-300.

Compare Assignment Example | Topics and Well Written Essays - 2750 words

Compare - Assignment Example The role of decision making for the recruiters is a complicated as there is a need to evaluate all factors of the candidate based on his qualifications, experience and capabilities to carry out his job responsibilities effectively. Moreover, there is a need that there is no bias attitude by the employer. In this report, two companies are considered namely Qatar Airways and British Airways and their decision-making policies are discussed and analyzed for recruiting members of cabin crew. Decision Making in Recruitment In order to select the right individual, the recruitment team needs to adopt effective methods using technology like recruitment software through which hiring is carried out. Such system weighs whether a candidate is suitable to carry his or her responsibilities effectively or not. The results, which are coming through this process, are more reliable and it is easier to make a decision about the candidate. Interview is the most important feature of the recruitment proces s, however, by using recruitment software it is easier to choose the right person as there is no biasness or personal preferences. Qatar Airways Qatar Airways is one of the premium and leading airlines in this world, which is covering destinations across Europe, Middle East and all regions of Asia Pacific and America. It has more than 27,000 staff members who are representing different functions of the Qatar Airways Group. British Airways British Airways is a UK based airline, which is covering about 160 national and international destinations in the world. Recruitment in Qatar and British Airways Both organizations carry out their recruitment process, which is based on assessment of academic qualifications for the required job and work experience specifics. In order to recruit members of cabin crew, the induction process carried out is based on demonstrating the skills required to carry out this particular job. Candidates go through a series of interviews, tests and group discussio n. Qatar Airways: Recruitment in Cabin Crew Qatar Airways has a recruitment team, which selects the right kind of employees through online applications as well as other means. They take into consideration various individual qualities required to do the job of cabin crew, and also good leadership skills which can allows individuals to provide solutions to complex situations through problem solving techniques. The candidates need to be presentable and dynamic with an optimistic approach towards life and their career. Moreover, the company has a clear set of values, which candidates need to fulfill. Video Interviewing As Qatar Airways is expanding its network at a tremendous rate so the need to hire suitable candidates is on the rise. Hiring is conducted in all major cities of the world. In order to make hiring simpler and easier video interviewing is performed. With this communication with the candidates can be carried out at a personal level and they can be judged of their technical knowledge through these interviews and keeping the cost of the recruitment process low (Hall, 2010). Qatar Airways uses recruitment software by the name of Sonru-QR to make it easier for people who are living in different parts of the world to apply online. Sonru Strength based video Interviewing Even though hiring candidates through telephonic interviews is a good way to evaluate them, but there are some issues, which the recruiters may

Annotated Bibliography on Education Example | Topics and Well Written Essays - 1500 words

On Education - Annotated Bibliography Example The topics of self-esteem, moral development, cultural influences, peer relation, and family influence are all addressed as they pertain to this development of self-concept. Also some of the issues that may arise in any one of these categories are addressed as they may negatively impact this curtail developmental stage in an adolescence life. This book generally covers the psychological view of the stages of development, but it is written from an educational perspective, so they add in many relevant topics and solutions to aid educators in their pursuit of knowledge and growth. This source is very useful in giving a more clinical approach to the study of adolescent behavior and how outside influences can affect or alter psychological development. This source is very comparable to the other sources listed in that it comes from an educational point of view. However, it does have a slightly less emotional, more factual approach, which could prove useful in crediting my essay. I feel the information written in this book is very reliable, and all facts, concepts written are based on credited, sited works. I also do not feel that this source is biased. It is a source based on information, not emotion. The goal of this source is to inform the reader of the different stages of development. Laura E. Berk, is a distinguished professor of psychology at Illinois State University, where she teaches human development to both undergraduate and graduate students. She has a doctoral degree in early childhood development and education. from the University of Chicago. This bo ok was very helpful in aiding me in my search for information on how issues such as community, prejudices, and cultural acceptance affects the youth of our society. It helped to shape my argument by giving me factual, relevant information on ways one’s acceptance into society and by peers, especially at this age, can affect the entire well being and person one becomes. I can use the facts given in this source to aid the development of my argument and the credibility of my essay. This source did not change my initial outlook on the topic, it did, however, give me useful information in developing my ideas. Bode, Patty, and Sonia Nieto. Affirming Diversity: The SocioPolitical Context of Multicultural Education. 5th ed. Boston. Allyon & Bacon, Inc., 2008. Print. This books looks at the necessity and benefits of a multicultural education for all students. It is intended for both current and soon to be teachers. It discusses the topics of how personal, social, political, cultural, and educational factors affect whether a student succeeds or fails in the classroom. It uses several case studies to demonstrate how the issues discussed in this book have played out in a real classroom. With the goal of this book being to enlighten the reader on how diversity affects students in today’s classroom I found it very informative for my research topic. Being that this is a reliable source, with an objective based approach, I found it very comparable to the other sources listed in this bibliography. The primary goal of this source was to inform, not persuade the reader on diversity in the classroom. The authors, Patty Bode and Sonia Nieto, are both well known, reputable publishers and active in the educational community. Patty Bode is a director of education at

Outliers and The Rockefellers Habits Essay Example | Topics and Well Written Essays - 500 words

Outliers and The Rockefellers Habits - Essay Example This is evident by the way he has intensified research and development in the company as well as the intensive marketing strategies that he has put in place. As a result of his hardworking aspect, he has served in several senior positions such as general manager of Coca-Cola Central Asia and Turkey prior to becoming the CEO (Gladwell 27). Kent is innovative. This has enabled him to diversify the company products based on the market needs. Additionally, the CEO has established an expansive research and development that has ensured that the company brands meet the international standards. In this way, the products are acceptable in all countries. Fifthly, the CEO is academically qualified. Based on the size of Coca-Cola Company, it is imperative to note that the skills that Kent gained while in Tarsus American College, University of Hull and Cass Business School in London have significantly enhanced his performance making him successful. Coca-Cola is focused at developing its employees. In this regard, the company has provided ample opportunities that ensure employees undertake part time studies thus enhancing their skills. For example, the company has established Coca-Cola University that is focused at talent development as well as leadership enhancement. Another notable handful rule of Coca-Cola is to increase productivity. Despite the stiff competition in the soft drink industry, Coca-Cola has undertaken extensive marketing strategies with an aim of putting at bay its rivals such as Pepsi. As a result, the company revenue has continued to increase thus making it one of the most profitable companies in the world. Coca-Cola is also aimed at product diversification to meet the needs of its customers in the international market. Under the strong leadership of Kent, Coca-Cola has launched more than 500 brands thus making its sales to be high in all regions. Through such wide range of products, the company has attracted a large network of

The Foreign Exchange Market Essay Example | Topics and Well Written Essays - 2000 words

The Foreign Exchange Market - Essay Example For example, the desire to purchase a foreign automobile or to travel abroad produces demand for a currency in which these goods or services are produced. Second reason maybe to acquire foreign currency is to purchase financial assets in a particular currency. The desire to open a bank account, purchase foreign stocks or bonds or acquire direct ownership of real capital would fall into this category. A third reason that individual's demand foreign exchange is to avoid losses or make profits that could arise through changes in the foreign exchange rate. Individuals acquire that currency today at a low price in hopes of selling it at a profit later at a high price and thus make a profit. Such risk taking is activity is referred to as speculation in a foreign currency. Others who have to pay for an imported item in the possibility that the foreign currency will become more valuable in the future and would associate with the changes in the exchange rate is referred to as hedging. The tot al demand for a foreign currency at any one point in time thus reflects these three underlying demands: the demand for foreign goods and services, the demand for foreign investment and the demand based on risk taking or risk avoiding activity. It should be clear that the demands on the part of a country's citizens correspond to debit items in the balance-of-payments accounting framework. SUPPLY SIDE Participants on the supply side operate for similar reasons (reflecting credit items in the balance-of-payments). Foreign currency supply to the home country results firstly from foreigners purchasing home exports of goods and services or making unilateral transfers or investment income payments to the home country. For example, U.S. exports of wheat and soybeans are a source of supply for foreign exchange. A second source arises from foreign purchases of U.S. stocks and placement of bank deposits. Japanese joint ventures in U.S. automobile or electronic plants are all examples of financial activity that provides a supply of foreign exchange to U.S. Finally, foreign speculation and hedging activities can provide yet a third source of supply. The total supply of foreign exchange in any time period consists of these three sources. The foreign exchange market in the figure below is presented from a U.S. perspective and, like any normal market, contains a downward sloping demand curve and an upward sloping supply curve. The price on the vertical axis is stated in terms of domestic currency price of the foreign currency, for example $/franc and the horizontal axis measures the units of Swiss francs supplied and demanded in at various prices (exchange rates). The intersection of the supply and demand curves determines simultaneously the equilibrium exchange rate and the equilibrium quantity of Swiss francs supplied and demanded during a given period of time. An increase in the demand of Swiss francs on the part of the United States will cause the demand curve to shift out to D' and the exchange rate to increase to e'. Note that the increase in the exchange rate means that it is taking more U.S. currency to buy each

Caring in a technological world Assignment Example | Topics and Well Written Essays - 750 words

Caring in a technological world - Assignment Example Accurate documentation and integration of medical treatments and confidentiality is a pre requisite for the nursing staff as it endeavors to promote effective communication. Informatics plays a major role in communication in health care today. Use of cell phones and internet as tools for communication between physicians and patients is useful. It makes the patients to make informed decisions and focus on questions that they seek to ask their physicians because they provide written texts. They are also efficient because they provide a mode of communication though both parties may not be present at the same time (Ball, 2000). Research in the last decade showed that nearly 100,000 people die annually in the U.S.A due to medical errors (Ball, 2000). The introduction of medical informatics has led to the steep decline of these numbers. The technology can be used in diagnoses and treatments of patients. The invention of the COSTAR (Computer Stored Ambulatory Record) shows improvement in cases of misdiagnosis as this application software has an electronic patient that reminds clinicians and physicians about the guidelines of medical practice (Ball, 2000). There are also computerized programs that assist the physicians on the line of proper antibiotics to be prescribed. Processing prescriptions through this system ensure that the possibility of errors is reduced by over 45% (Ball, 2000). Managing knowledge involves proper dissemination of intrinsic and valued information after its acquisition. This information can be patient specific or evidence based. Examples of such information include electronic medical records and administrative (Ball, 2000). The ability to put into use the knowledge derived from informatics is the determinant of success of these systems. Health care information should be managed to promote confidentiality and the integrity of such data. These data should only be accessible to the appropriate individuals.