Friday, December 27, 2019

Financial Ratios of a Small Business - 1549 Words

Finance Information Imagine you are a small business owner. Determine the financial ratios that are important to the business. Compare your ratios with those that are important to a manager of a larger corporation. The ratios that would be most important to a business include: the current ratio, debt ratio and the return on assets. The current ratio is comparing the companys ability to pay its short term obligations. In general, the higher the number, the lower the risks that a firm will face from these challenges. This is important to a business, by helping executives to ensure that they have enough liquidity to pay creditors, employees and address other challenges. (Financial Ratios, 2011) The debt ratio is determining the total amounts of outstanding loans that a company owes to creditors. This number analyzes the firms ability to pay these obligations in comparison with its total assets. When this number is high, there are reduced risks of a potential default. For a business, this helps to determine if the company is taking on too much debt. (Financial Ratios, 2011) The return on assets is examining how effective the companys resources are being utilized to generate profits. For managers, this helps them to decide if a particular strategy is allowing the business to maximize its productivity. This is important, in determining if the firm will need to refocus their efforts on other areas in order to increase the total returns. (Financial Ratios, 2011)Show MoreRelatedSmall Business vs. Large Corporation: A Comparison of Financial Ratios1313 Words   |  5 Pages1.Small Business vs. Large Corporation: A Comparison of Financial Ratios Financial ratios are critical when it comes to the determination of not only the performance but also the financial health as well as stability of any given firm. In that regard, as a small business owner, I would utilize a number of ratios to find out how my business is really performing. Some of the ratios I would make use of in this case include the current ratio, debt ratio and net profit margin. According to Baker andRead MoreFinancial Performance And Position Of A Business Using Ratio Analysis1149 Words   |  5 PagesP5. M2. D2.Perform ratio analysis to measure the profitability, liquidity and efficiency of a given organisation.Analyse the performance of a business using suitable ratios.Evaluate the financial performance and position of a business using ratio analysis. Starbucks. The research method will consist of literature and financial data study. The data sources will be: Starbuck annual reports, and expert opinions. Starting from the balance sheet and Income statement of Starbucks will be analyzed. DifferentRead MoreFinancial Statements Are Key Aspects Of Business Operations1037 Words   |  5 Pages Introduction Financial statements are key aspects of business operations. In fact, it is the financial statement that provides management with the information needed to make sound business decisions. Other stakeholders, like investors and creditors, use financial statements to make decisions about whether or not to invest in, loan money to, or do business with a company (Jesswein, 2013). The importance of a financial statement is dictated by the need for certain information, i.e., the overall healthRead MoreWal Mart s Internal Strengths1446 Words   |  6 Pagesgrew rapidly and the fundamental business principles at that time were to provide high-class, brand name commodities at low-prices and to locate stores in small towns. Wal-Mart centered on small-towns first, and then tried to move on large cities. The customers wanted low price stores always and everywhere. The new business representation of Sam Walton’s was different from other traders not only in terms of discount but also he foc used on opening stores in small towns. The reason of doing this caseRead MoreInner-City Paint Corporation (Revised)1152 Words   |  5 PagesPaint Corporation? Objectives To analyze Inner-City Paint Corporations current situation. To determine the companys strengths, weaknesses, opportunities and threats. To make an industry analysis on Inner-City Paint Corporation. To make a financial analysis of the Corporation. To recommend alternatives that will determine the best solution to the given problem. Alternatives 1. Management Improvement - Mr. Walsh should take up management degree. He needs to learn employee empowerment andRead MoreExpanding The Dreamx Coffee Business1527 Words   |  7 PagesCoffee Business The Dreamx coffee business would be expanding one day keeping in view the trend in the area. This paper aims at proposing the desired expansion plan of Dreamx coffee business which is a small scale business. Financial plan: The expansion of a business will be based upon debt financing as all the available sum was used in launch of first branch. Thus, the Dreamx Coffee Parlor business plan has been created mostly by views that are all the basic components of an ideal business planRead MoreStarbucks Standards of Ethics and Compliance1647 Words   |  7 Pagesstandards when it comes to their financial environment. Upholding ethical standards within a business is important if a business wants to become successful and maintains their credibility, Starbucks does not just operate on one ethical standard but eight different ones. They are all different sources that are used for different reason within the company. Starbucks has two specific organization standards they go by that deal with their financial portion of the business. Transportation, manufacturingRead MoreBusiness Plan and Loan Package1412 Words   |  6 PagesSeptember 2011 Introduction Now that the small business idea has become more that just fine print, it is time to put together a loan package that explains the story of the company. There are important questions to answer, demonstrating the company’s ability to correctly make important financial decisions, and detail how the business will pay off the loan. This paper will include the requirements of a loan package, creditor requirements, a ratio analysis, loan justification, and how the companyRead MoreNon Financial Performance Indicators1294 Words   |  6 Pagesanalysts on traditional financial ratio analysis. Does this analysis have any part to play in the modern commercial world, or should companies and analysts focus solely on non-financial performance indicators? Traditional financial ratio analysis is useful as it summarises quite complex accounting information into a relatively small number of key indicators, relating particular figures to one another, and covering profit, liquidity, growth and risk of a company. These financial analyses include: Read MoreMarketing Plan For A Business Plan1268 Words   |  6 Pages1 †Beer is proof that God loves us and wants us to be happy† Benjamin Franklin Sunny Brewing Company is located in Small Town USA. For the purpose of this assignment the following assumptions will be used: ï‚ · The liquor licensing laws allow for onsite consumption as well as distribution. ï‚ · The physical plant location is not geographically bound thus allowing for physical expansion, rather than total relocation, to add square footage for the operation. In this instance the term bound refers to no available

Thursday, December 19, 2019

The Health Promotion Measures For Healthy Living - 2749 Words

The Road to Healthy Living Abstract: A review of various literatures was done in order to suggest the best health promotion measures for healthy living. The World Health Organization definition of â€Å"health† which is quite board and holistic was considered for the same. The research tried to expand from just the physical dimensions of health to include other dimensions like physical, mental, social, spiritual, emotional, vocational, philosophical, cultural, socio-economic, environmental, educational, nutritional and preventive dimensions of healthy living. A Road map towards healthy living titled â€Å"The Road to Healthy Living† was thus prepared which included health promotion measures in the areas of physical activity and exercise, nutrition, weight optimization, prevention of chronic diseases, addictions, stress management, quality of sleep, healthy relationships and involving in socially and mentally stimulating activities was designed. Advocacy, Communication and Social Mobilization in o rder to promote healthy living using â€Å"The Road to healthy living† was given due importance. The concept of self-care in which the individual takes responsibility for his or her own health and takes active measures to promote health was emphasized. Finally it was suggested that further research was the need of the hour to explore healthy living in a holistic manner and studying multiple dimensions of health especially philosophical and spiritual dimensions which remains to be a challenge.Show MoreRelatedHaving Control Over Our Health Promotion Essay841 Words   |  4 PagesHealth promotion concept has been used for many decades to enable people have proper control over their health status. Health promotion is the process of enabling individuals to have and increase control of their health to improve their livelihood. In general, health promotion concept revolves around various activities mostly aimed at decreasing the threats and dangers to health. The activities referre d herein include various interventions that facilitate health promotion. The interventions includeRead MoreHealth Promotion793 Words   |  4 Pagesnow shifted to health promotion. The World Health Organization (WHO) defines health promotion as the â€Å"process of enabling people to increase control over, and to improve, their health. It moves beyond a focus on individual behavior towards a wide range of social and environmental interventions.† Health promotion focuses on changes to a community as well as an individuals health by modifying their behaviors to strive for optimal health, which The American Journal of Health Promotion defines as beingRead MoreEssay on Health Promotion in Nursing Practice939 Words   |  4 PagesThe American Journal of Health Promotion defines â€Å"Health Promotion as the science and art of helping people change their lifestyle to move towards a state of optimal health, which is a balance of the physical, emotional, social, spiritual and intellectual health.† The main purpose of health promotion in nursing practice is that nurses have a major role to play in order to guide individuals to make healthy decisions by in cluding their patients and families, communities that further form organizationsRead MoreHealth Education And Health Care863 Words   |  4 PagesHealth education encompasses a team of many different providers in a variety of settings. It has a diverse and ever changing role in health care, communities, and schools (Glanz, 2008, p. 13). The health care team works to provide education for patients and also their families. Physician Assistants play a major role in the prevention and detection of disease. With the encouragement to live a healthy lifestyle and the patient/provider discussions about decision making to improve overall health,Read MoreHealth Promotion975 Words   |  4 PagesHealth Promotion Health promotion is defined as the provision of information and/or education to individuals, families and communities that encourage family unity, community commitment, and traditional spiritually that makes positive contributions to their health status (Definition of wellness.Com). It is our job as providers to promote health by any means necessary to improve community wellness. The purpose of health promotion in nursing practice is to deliver health information to individualsRead MoreHypertension Among Hispanics : Hypertension883 Words   |  4 Pageslack of suitable transport services to enable them access health care, language barriers when communicating with others and lack of the required health insurance coverage. Due to these factors, early diagnosis of the condition is not possible in this population and most of them will end up suffering the later consequences which are in most cases severe (Hispanics and Heart Disease, Stroke, 2016). Health Promotion Statistics Health promotion in this population will make it known to them on the bestRead MoreAnalysis Of Chinese Health Promotion Hospitals1155 Words   |  5 Pageson public health in post-disaster areas and has provided sufficient funding to support construction of local hospitals. Additionally, the government has attempted to improve medical services to promote public health [1, 2]. In 2013, the Chinese government proposed the Chinese Health Promotion Hospitals (CHPHs) programme [3].The Health-Promoting Hospital (HPH) is a concept of hospital development that be based upon the World Health Organization (WHO) Ottawa Charter for health promotion, in which theRead MoreHealth Promotion : Theories And Models1660 Words   |  7 PagesHealth promotion utilises theories and models to guide practice. A theory is the general principles of a framework of ideas in regards to a particular topic. (Merriam-webster.com, 2016) A model is a set plan of action based on theoretical ideas to achieve a set goa l. (Merriam-webster.com, 2016) The difference between a theory and a model is that a theory is related to evidence based knowledge and a model is built on this knowledge although it is presented as a process to reach certain targets. TheRead MoreUnderstanding Health And Health Promotion1348 Words   |  6 Pagesdefinition of both health and health promotion. I have determined that there is no â€Å"correct† way to describe these concepts, but multiple conceptualizations of each. An individual’s health status can be determined using a wide variety of factors, and there are several different methods of promoting health. This paper aims to identify the concepts that I believe define health and health promotion most accurately, based on my personal opinions and experiences. In my opinion, health is all encompassingRead MoreChildhood Obesity : Health Issues And Prevention921 Words   |  4 PagesChildhood Obesity: Health Issues and Prevention Introduction Obesity as an epidemic has become increasingly troublesome as it has tripled its rate in the current generation of children and adolescents (CDC, 2015). It has been linked to various health related problems that decrease the quality of life and a serious threat to the longevity of the young generation (MDCH, 2009). Obese children can suffer with debilitating, if not fatal diseases such as diabetes and hypertension, not to mention its psychosocial

Wednesday, December 11, 2019

TL Consulting Limited - Risk Management Case Study Free Sample

Question: Case study James is a project management Consultant at TL Consulting Limited. James is a very principled guy he has high standards and sticks to them, he is always ready to defend someone who has been unfairly maligned and believes in fairness and equity in the workplace. However, sometimes this philosophy gets him in to trouble. A couple of months ago, James believed his manager was bullying another staff member called Ruth who is 20 years old. James came to her aid, helped her to seek assistance from the union and informed management of this bullying situation. It seems that management were aware that this manager had in the past bullied her staff but had chosen to take no action. Although most employees were pleased that James had become involved in Ruths situation, some were not. These staff preferred not to rock the boat and tried to avoid involvement in any potentially confrontational situations. Some members of management were also unhappy with James involvement in what they viewed was a staff issue. They saw James as a troublemaker and believed that in the past James had been overtly critical of management decisions. This management dissatisfaction with James involvement in the Ruth issue led to many emails being sent back and forth between management and James. Of course, James wanted everyone in the company to know what management were up to and always provided a copy of the emails to all employees. This further upset management, but things eventually settled down and work carried on as usual. However, last week James heard about another bullying incident between the same manager and another young new employee. He confronted management about it and they told him to mind his own business. James decided to write to the local newspaper outlining the situation. The letter James sent to the local newspaper was published last Thursday. The management are now aware of the letter and want to take actions. They have hired you as an advisor to help with the current situation. Answers: Case Study 1 Introduction As a project management consultant at organization, named TL Consulting Limited, James works in a hardworking manner to attain higher quality standards and abide by them. Unfair malignancy is always attended and defended by him and he has belief in being fair and workplace equitable. Sometimes, however, this causes a complicated situation for him. Just some months before, James realized that one of his manager was being bullied by another members of the organization younger to him. James decided to blow the whistle and let the top management know about the bullying scenario. It was evident to James that the management knew about this scenario but chose not to react. Even though the employees were proud of this whistleblowing done by James but others were against this. James was seen as a troublemaker as most top management believed this to be a staff issue and James shouldnt get involved here. This led them to believe that in previous situations also, James must have been highly crit ical in taking decisions related to management. Furthermore, another incident of bullying came forward for the organization. James kept everyone in the loop and wanted all the employees to acknowledge what the management was doing. The top management told James to mind his personal business. This made James to the local newspaper about the critical situation. Issues It seems evident from the case study that the top management does not understand the importance of whistleblowing and the harmful effects of bullying practices in the workplace. Bullying is an act by which a person is assaulted merely without a reason either because he or she is new or because he or she is taken to be different from the rest. From the case study, it is evident that the issue lies in the conflict between the management and James who has published an article against the company. James should have further consulted or taken some legal support in order to advocate against the company. Furthermore, it was evident that even though the employees were proud of this whistleblowing done by James but others were against this. James was seen as a troublemaker as most top management believed this to be a staff issue and James shouldnt get involved here. This led them to believe that in previous situations also, James must have been highly critical in taking decisions related to m anagement. Furthermore, another incident of bullying came forward for the organization. James kept everyone in the loop and wanted all the employees to acknowledge what the management was doing. This situation has caused immense damage to the reputation of the organization and its members as well. Also, in this situation the top management also is at fault because they did not appropriately explain James the consequences of such hasty steps. There also does not exist a whistle blower policy at the work place which provides the whistle blower with basic rights and responsibilities to follow. James has taken hasty steps and the management was in conflict with him due to the emergent actions that James was taking. In the case of workplace bullying however, TL consulting Limited is at fault and is also unethical. However, working to improve the situation will resolve the issue. The issue also lies in the fact that is workplace bullying still ongoing at TL consulting? The answer should be yes because not much is done by the company to go against the issue. Solutions As the issues kept piling up, money and time ended up running out. With respect to this, the management team of the organization realized that it had been facing two difficult choices. It could end up winding down in a painful way and disappear in an eventual manner because James has blown the whistle and now the newspaper authorities know of this situation Or, it could be making a strong bet over the situation by proving that no workplace bullying was done and that internally the top management ensured the practice is subsided. The next choice was to work in the presence of security related to stability in the position of finance for the absorption of these mistakes. With respect to this, there had been less scope of error involved in this (Swartz, 2009). The structure of the business organization plays a significant role as well. This choice will be highly dependent on the culture and size of the organization. As the organization is of mid- size, it may not be making sense for sett ing up a different function of risk, there is not much that can be done about it. The risk lies in the reputation of the company at stake. In addition to this, there is a significant need for the involvement of dedicated resources where there is clarity in the objectives set for individual for being executed in the actual setting (Allen, 2003). There must be some authority holding the charge for all of the organization for supporting and ensuring visibility in the entire business organization for getting things done in terms of workplace bullying. The board and team of management should further consider turning up to James and asking him to take such words back. James does require his job in the company and he is well aware that if he might lost it as he has gone against the company. Incidences such as this will keep enhancing day by day and therefore it is a priority for the organization to formulate a workplace bullying policy and whistle blower policy. This should consider creating a focus immediately in order to understand the risks being inherited in the second option as discussed above. This is important to make sure that they all had been in agreement regarding what was required for being done and on which grounds has James made such claims (Dahlquist, 2000). Under various whistle blower laws, the objection has to be made in written but objecting to employers policies breach is commonly not a protected way to blow whistle. Retaliation of employers such as in this situation will make James be fired and this will only cause significant loss to James. From this perspective steps need to be taken by the organization in order to inform regarding its whistle blowing policies and workplace bullying justifications because only this will help the organization to enhance its reputation. According to the research on whistleblowing it has been suggested that there are various conditions which are important for effective management of whistleblowing. The employees first need to be informed of the necessary steps that will be taken to communicate the ethical dilemma arisen internally. Federal government based employees related studies have indicated that exists an important relationship between the knowledge of employees in appropriate channels internally and the perceived wrongdoings reports. Secondly, the employees need to believe that their problems are seriously catered to and that whoever has a problem should first report the incident rather than involving other members of the staff. James should have also been away from the incidences because nothing was done wrongly with him. Thirdly, employees need to be made confident that their individual roles and responsibilities will be maintained so they should keep calm in such scenarios and follow legal guidelines. Furth ermore, according to the studies of whistleblowing employees need to understand that retaliation of management is common and it is better if whistleblowing is done by consulting with the members of the organization. Conclusion Workplace bullying and whistle blowing are both important considerations that the management should consider. With respect to this, the management team of the organization realized that it had been facing two difficult choices. It could end up winding down in a painful way and disappear in an eventual manner because James has blown the whistle on local newspaper or the organization can strengthen its policies to protect against the scenario. The organization had been competing against its own employees and the power to keep or let go off that employee is also with the company only (Lam, 2003). But with an evolution of the technology, these insignificant organizations ended up becoming extremely formidable competitive organizations, and an organization leading the market ended up suffering several competitive erosions. Hence, the organization will be successful in management of this risk by strengthening its work place policies regarding whistleblowing, retaliation and bullying. The b oard and team of management should consider creating a focus immediately in order to understand the risks being inherited in the second option (Mesler, 2004). This is important to make sure that they all had been in agreement regarding what was required for being done. Case Study 2 Introduction The operational activities of an insurance organization having headquarter in Zurich, Switzerland, in United States of America has been having a long tradition to embed management of risk in its culture. This is being done in order to ensure that Enterprise Risk Management contributes in informing all of the aspects related to management of capital and finance (Aven 2008). This has been considered as a significant part of business processes on daily basis. This case study will be analysing the issues faced by the insurance organization of Switzerland in managing their risks in the operations being conducted in United States. Issues The main issue involved in the management of risk at the branch of United States is that there is a significant need for having an iterative process established to evaluate exceptional situations and establishing plans of action for the achievement of compliance. This is due to the fact that there is no possibility for coming up with an individual policy that can be applied in a number of different cases (Stevens, 2009). There is a need for having a group and combined policy that can be applied in a significant manner across the entire organization in United States. However, it has been identified that the most significant issue is involved in having a policy of one- size- fits- all. Thus, there is a need for policy in order to deal with certain exceptional situations as one- offs for making sure that adequate factors are being considered in a significant manner. When there is an involvement of an exceptional situation in the management of risk, it has to be considered and revisited on regular basis (Mesman 2008). As there are changes in the environment of operations and the area of market, the revision of policy for management of risk must be done in accordance with this. However, this agreements should be made in accordance with the committee of risk related to the board. The organization at United States should consider developing their structure of governance in a well manner for successfully managing the risks at the enterprise. The team at headquarter of Switzerland must consider making a move to support the business units spread across the United States in order to maintain success (Bergstedt 2008). There is a significant need for the reinforcement of culture at the organization in United States. Even though the staff of sales had been aware about the rise of threat in the context of new technology after considering the views customers who had been considering the transition of the new technology. There was diluting of the message and this ended up chang ing as it increased in organization in a significant manner. Worse for the scenario, as the products had been the leaders in the market traditionally, the organization did not need the input in the staff of sale. Thus, this overlooked the well- developed loop in the feedback from the team of sales with respect to the emergence of competitors. As there had been a decline in the amount of sales, the absence of accountability with accountability resulted in prompting a number of questions (Aven 2008). Was it the problem in the force of sales as they failed in the management of relationships? Was it the team of marketing to fail in keeping the boost of share? Or was there a default in the development and research in order to fail in anticipation of the newly involved technology? In total, the process for the management of risk in the organization was extremely piecemeal for being effective in a significant manner. There was a need for a system in order to manage risks at the enterprise that held the capability of managing the capital in a significant manner. The main focus of the system had not been intact for the protection of the capital base at the organization. There was instability in the finance due to the lack of capability in order to deliver effectiveness and efficiency in the services being provided (AZ/NZS 2004). There had been less objectivity in the process and there was a need for being analytical but contributed in the incorporation of specific considerations of quality. Solutions Considering the approach of governance, the organization must consider aligning it with the management strategies of the business that will contribute in the reinforcement of culture. This should be done by the defence model having three lines. The three lines of this model are as follows (Stevens, 2009): 1. The initial line in this particular model is the management of business that include the decisions being taken by the people on daily basis in the business such as the decisions to underwrite 2. The next line is management of risk and compliance. Compliance is known to be looking at the concerns of regulation that is to play in accordance with the rules in a number of different nations, provinces and states in which activities of business are being conducted 3. The last line is referred to as the independent function for conducting internal audit As a significant solution, the organization must consider availing support from the top- most level. It is crucially relevant that majority of the levels in the organization should be supporting and communicating the program for management of risk in the enterprise. If leadership is not considered by the organization to support the process and to actively engage within the process, they will not be going ahead for thinking it is relevant. There are a number of other organizations that fail in management of risk within the enterprise as they take decisions for implementation of program in the management of risk in enterprise (Mesman 2008). The CEO must consider assigning responsibilities to the CFO who will be assigning it to the Cashier who will then be considering the risks involved in finance. There is a cycle of life involved for the implementation of these programs. For ensuring that support is achieved from the top- most level, it can be considered as a strong point for getting started. The team at headquarter of Switzerland must consider making a move to support the business units spread across the United States in order to maintain success. There is a significant need for the reinforcement of culture at the organization in United States (Bartram 2005). The structure of the business organization plays a significant role as well. This choice will be highly dependent on the culture and size of the organization. As the organization is of mid- size, it may not be making sense for setting up a different function of risk, there is not much that can be done about it. In addition to this, there is a significant need for the involvement of dedicated resources where there is clarity in the objectives set for individual for being executed in the actual setting (SVGW 2003). There must be some authority holding the charge for all of the organization for supporting and ensuring visibility in the entire business organization for getting things done. In addition to this, it is important to note that there is a need for using the capital of risk in an appropriate manner that contributes in satisfying the needs and requirements of the organization. This will help the organization in improving its system for management of risk. The final step is to se t up a process of governance that contributes in explicitly recognizing the risks. There should be an involvement of committees for dealing with the risks at all of the significant levels in the entire business organization. There must be clarity in the responsibilities and processes in order to engage with risks involved in the organization of business (Niewersch 2010). People should be having an understanding as to what they should expect from the area of risk. There is a significant need for maintaining robustness in the policy of risk being adopted and must be considered and modified on regular basis. Facing the issues mentioned above, the team of management considered the development of an understanding related to the risks and how there was a close interrelation, and developing intelligence regarding the risk in the organization on the basis of experience in knowledge about the industry, risks involved, and business in relation with these types of risks. The team of management also started looking at the strategic goals and evaluating the threats, how these threats are related to the risks that had been identified, and what was the level of tolerance with respect to these types of risks (Paprnk 2008). Conclusion There is a need for having a group and combined policy that can be applied in a significant manner across the entire organization in United States. As there are changes in the environment of operations and the area of market, the revision of policy for management of risk must be done in accordance with this. However, this agreements should be made in accordance with the committee of risk related to the board. The organization at United States should consider developing their structure of governance in a well manner for successfully managing the risks at the enterprise with better success (Bergstedt 2008). If leadership is not considered by the organization to support the process and to actively engage within the process, they will not be going ahead for thinking it is relevant. References Aven T. (2008). Risk analysis: assessing uncertainties beyond expected values and probabilities, John Wiley Sons, Ltd. AZ/NZS (2004). Hanbook: Risk Management Guidelines - Companion to AS/NZS 4360:2004, Standards Australia/Standards New Zealand. Stevens, M. (2009). Water safety plan manual: step-by-step risk management for drinking-water suppliers, World Health Organization, Geneva. Mesman G. (2008). Risk assessment case study Amsterdam, The Netherlands, Report no. D 4.1.5c, TECHNEAU. Bartram J. (2005). Water Safety Plans. Managing drinking-water quality from catchment to consumer. (WHO/SDE/WSH/05.06). WHO, Geneva. SVGW (2003). Recommendations for a simple quality assurance system for water supplies (WQS). Regulation W 1002e. Schweizerischer Verein des Gas- und Wasserfaches SVGW, Zrich. Niewersch C. (2010). Methods for analysing risks of drinking water systems from source to tap, Deliverable no. D 4.2.4, TECHNEAU. Paprnk V. (2008). Risk assessment case study Beznice, Czech Republic, Report no. D 4.1.5e, TECHNEAU. Bergstedt O. (2008). Risk assessment case study Gteborg, Sweden, Report no. D 4.1.5a, TECHNEAU. Rstum J. (2007). Generic framework and methods for integrated risk management in water safety plans, Deliverable no. D 4.1.3, D 4.2.1, D 4.2.2, D 4.2.3, TECHNEAU. Eikebrokk B. (2009). Risk assessment case study Bergen, Norway, Report no. D 4.1.5b, TECHNEAU. Ball T. (2008). Risk assessment case study FreiburgEbnet, Germany, Report no. D 4.1.5d, TECHNEAU. Techneau (2005). Technology enabled universal access to safe water: Annex I - "Description of Work", Proposal/Contract no. 018320-02. WHO (2008). Guidelines for drinking-water quality [electronic resource]: Incorporating first and second addenda, Vol. 1, Recommendations, 3 ed., World Health Organization, Geneva. Swartz C. (2009). Risk assessment case study Upper Mnyameni, South Africa, Report no. D 4.1.5f, TECHNEAU. Allen, S.L., (2003) Financial Risk Management: A Practitioners Guide to Managing Market and Credit Risk, (Hoboken, New Jersey: Wiley). Bank of International Settlements, (2005), Quarterly Review, (Basle, Switzerland: BIS) (September). Dahlquist, M. (2000). The Forward Premium Puzzle: Different Tales from Developed and Emerging Economies, Journal of International Economics, Vol. 51 (June), pp 115144. Walker, P.L. (2002). Making Enterprise Risk Management Pay Off: How Leading Companies Implement Risk Management, (Brookfield, Connecticut: Fei Research Foundation). Wystup, J. (2002). Foreign Exchange Risk: Models, Instruments, and Strategies, (London: Risk Publications). Holton, G.A., (2003). Value-at-Risk: Theory and Practice, (San Diego, California: Academic Press). Lam, J., (2003). Enterprise Risk Management: From Incentives to Controls, (Hoboken, New Jersey: Wiley). Mesler, K. (2004). Advanced Financial Risk Management: Tools and Techniques for Integrated Credit Risk and Interest Rate Risk Management, (Hoboken, New Jersey: Wiley

Tuesday, December 3, 2019

The Effects of Media on Teenagers

Media has played a central part in the liberalization of communication across the global village. Through the media, exchange of information has not only become easier, but also efficient. By a click of a button, an interested party may be in a position to pass important information to as many recipients as possible. Advertising We will write a custom case study sample on The Effects of Media on Teenagers specifically for you for only $16.05 $11/page Learn More As the world steadily embraces the use of internet, teenagers are not left behind. These teenagers communicate and use internet to interact with peers. Often, internet use among teenagers is addictive and robs them of the physical interaction and association with family members as they dedicate excessive time blogging with those they perceive as equals and members of the teenage culture. Thus, this reflective treatise attempts to openly analyze the connection between teenagers’ internet us e and their interaction with the society. Besides, the paper attempts to establish an existing association between internet as a tool of communication and loss of desire for face-to-face communication society. In addition, the paper looks into the high risk of social networks. Reflectively, to enable a clear understanding of the above concept, the source of media reference in this paper dwells on the internet use among teenagers which has surpassed other means of communication. Scholars in the field of communication media are still fully glued to the well distributed channel of communication known as internet to predict and explain the underlying factors that enabled certain cultural influences to be more popular than others and how these cultural influences were integrated into the society as part of society alongside the pre set norms and regulations. Moreover, still up to date, internet remains to be the most popular central element of information transference landscape (Burton 31). In the last decade, many scholars and media consultants have come up with the open idiom ‘internet communication ‘to represent the substantially declining use of face-to-face model of communication assumed to be traditional among teenagers. With the modern technology, consumer of information has comprehensively redirected their interests on the content, reliability, comfort and privacy rather than just means of conveying information. The target audience and their response are explored after which a conclusion is made depending on the derived results. In addition market position is steadily undergoing transformation posing a threat to the usual face to face communication (Ott Mack 34).Advertising Looking for case study on social sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More Due to the entry of technological advancement in the world today, internet has been the most common means of social media communication among teenagers. In fact, more than 89% of American families’ teenagers have access to the internet and are literate in its use, whether positive or negative (Shaffer 49). It’s been statistically established that teenagers spend more time in the internet watching news, commercial advertisements, blogging, and getting entertained than any activity, averagely taking a quarter of teenager’s daily time. Internet communication has become affordable and very efficient in teenager group interaction. The positive effects are vital for the teenager’s growth and development as the teenager is basically at the developmental process in life (Ott Mack 24). Exposure is the main positive effect since the teenager is in a position to express him or herself with confidence and freely speak his or her mind without the fear of drawing controversy or jeopardizing family relationship. Through the internet, teenagers get exposed to the current issues that happen regionally and t he world at large without having to engage in continuous face-to-face communication with people around them. Despite technological breakthrough in internet media communication, face-to-face communication remains the most reliable means of expressing cultural attachment and affirming family and friends bond. Family being a unit and an institution, face-to-face communication remains the most trusted and sufficient means of expressing views, strengthening union, and creating mutual understanding among members of this unit. People’s understanding of the dynamics of society is represented in details by the trusted family and society face-to-face interaction. During these interactive discussions, an open free atmosphere enables people to express their independent opinion on issues touching social realities. In relating to the above argument, it is in order to state that excessive preference of internet to interact will negatively and substantively put stress on existing society bo nds. Same as face-to-face communication, internet media can reverse a group’s view of life either positively or negatively. If the content directed to an audience is demystifying, the final effect over a period of time is the same. On the other hand if the content is inspirational, the audience may end up being an inspired lot. Often, teenagers prefer internet to face-to-face communication to express their teenage culture. However, this results in strains in relationship among family members as time and attention allocated for family interaction is limited.Advertising We will write a custom case study sample on The Effects of Media on Teenagers specifically for you for only $16.05 $11/page Learn More Too much involvement with internet produces passive teenager. Passivity in most of these cases leads to development of persons with inadequate creativity as the individuals do not have time to exploit their talents in other fields such as creativity in expressing opinion and confidence in speaking. Such passive teenagers might also find it difficult to creatively come up with solutions for problem solving in real life situations involving direct interaction with another party, friend, or even family member. In addition, internet addiction might undermine family life and create commercial hostility among teenagers. These can be attributed to the fact that most teenagers take their time on the internet neglecting their social responsibility at the family level, have limited time interacting with their family members and are in most cases tempted to practice content borrowed from the internet in full during interaction characterized by vulgarity, slangs, and excessive informality (Preiss 17). In the process, the result forms part of strain in relationships and creation of rebellious attitude. Generally, internet among teenagers provides a fertile ground for argumentative discussions on political, social, and religious aspects a s the parties involved share very unique ideas. In fact, their thoughts are well articulated to create the desirable views independent from societal conformity parameter. However, interpretation of messages discussed is not inclusive of the interface between the audience, the message, and the existing culture. This is due to the fact that the decoder may not have substantive information to make out since they fall in the same age group and may lack knowledge on the topic. With the audience consisting of mostly people of the same age group, there is a connector between the audience and message. However, this connection lacks the aspect of cultural behavior practiced by this audience who don’t have time to acquire the same from the family or society. Unless the message is integrated to factor in differences existing among the audience, the message is prone to misinterpretation or at worst rejection by the society who will feel sidelined (Burton 24).Advertising Looking for case study on social sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More From my findings, it is apparent that addition to the internet has also been blamed on poor academic performance which translates into strain in family relationships as the family will develop perception that excessive time is spent on internet than in studies. As a result, the face to face interaction will be greatly affected as the teenager is likely to develop a rebellious attitude. excess in this area compromises the time that teenagers take consulting and doing assignments. In fact, most parents have faced a rough time in their quest to instill good studying habits among teenagers, as some are prone to studying while blogging despite protest from parents (Preiss 27). Violence and aggression has also been identified as another negative effect of excessive dependence on internet as a means of communication. Since most of teenagers who spend excessive time lack social etiquette and negotiation skills, they are easily angered and response may lead to abusive language and physical confrontation. This generally makes most teenagers to grow up with violent and aggressive behavior. Furthermore, these teenagers are often forced to emulate such characters and attitudes they obtain from the internet rather than seek guidance on the reality form family and the society (Shaffer 67). Conclusively, from the above study, it is apparent that over reliance on internet as a means of communication negatively affect face-to-face interaction among family members, friends, and society for teenagers. It is apparent that expression of culture and affirmation of relationships are greatly compromised by internet communication as limited time is allocated on the same. Therefore, the family should discuss differences between desire and reality to tell the teenagers on facts about actuality and offer other alternative sources of information other than relying on internet. This is achievable through creation of a general face to face interactive discussion among family members that include views of their teenage members. Works Cited Burton, Graeme. Media and Society: Critical Perspectives, New York: McGraw-Hill, 2009. Print. Ott, Brian, and Mack Leverette. Critical Media Studies: An Introduction, London: John Wiley and Sons, 2009. Print. Preiss, Raymond. Mass media effects research: advances through meta-analysis, New York: Routledge, 2007. Print. Shaffer, David. Social and Personality Development, Florence: Cengage Learning, 2008. Print. This case study on The Effects of Media on Teenagers was written and submitted by user Raelynn Valencia to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.