The portfolio optimization theory by Markowitz

Table of Contents Introduction Boom and bust economy Normal economy Markowitz’s portfolio optimization theory Conclusion References Introduction A boom economy cycle refers to the period within which consumers have a high demand for products and those who provide the products make large sales that have high profit margins (Goldstein and Lardy 2004). A bust economy on the other hand refers to duration during which there is reduced levels of demand and supply and slow economic growth (Goldstein and Lardy 2004). A normal economy is one in which there is no marked acute market spirals. There is stability and economic activities are slower than they are in a boom economy.Advertising We will write a custom essay sample on The portfolio optimization theory by Markowitz specifically for you for only $16.05 $11/page Learn More According to Gibson (2008), asset allocation policy refers to manner in which investors place value on assets in long-term mix so as to show balance between returns and risk taken. This is of great importance to investors who seek to increase potential for returns while reducing chances of loses. Markowitz portfolio optimization theory indicates a method of allocating wealth in a way that incorporates the expectations on returns as well as preferences of investors for the amount of risk they want to take (Bai et al. 2007). Through the use of different alternatives in investment, investors can attain higher levels of profits while at the same time, distributing their investment risk and thus maintaining minimum risk for anticipated returns. The concepts for this are expressed in mathematical formulations. Markowitz modern theory has been in practice for over half a century guiding the principles of asset investment (Bai et al. 2007). Boom and bust economy The boom and bust economies are similar in some aspects. One of the effects of boom economy is that this type of economy does not necessarily stay stagnant and is liable to changes that might not be explained by normal market movement (Alpanda 2007). Booms increase the returns on investment because of a flourishing economy. By using Markowitz’s optimization theory an investor may increase the return and yet take a short minimal risk. However, in long-term investment, the risk would increase as the boom period turns to be bust. According Bai et al. (2007), investors do not necessarily invest according to the logic of mathematical calculations. Some times investors trust their feelings about stock or bonds and may choose to ignore the use of tools to indicate safer investments or investment that may yield greater returns. A bust economy like a boom economy does not necessarily stay stagnant and is liable to changes that might also not be explained by normal market movement. In a bust economy therefore investors would be led to make investment that may yield very little margin of returns. The prices of stock reduce during this per iod which is also marked by unemployment and less market confidence. As a result, less investment is made and investors often try to avoid losses by withdrawing their investment.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More As a consequence, this worsens the economic bust. Still, even during this time investment can be made. With greater risk, returns are usually higher. Markowitz’s optimization theory treats risk in upward volatility as negative. However, that may not be viewed the same by investors since it is only a marker of risk taken and not loss which investors try to avoid. Greater risk in any case may yet yield greater profits. According to Bai et al. (2007), Markowitz’s optimization theory model in most cases is not intuitive. As a result, its estimates do not reflect the reality in the market. This may both lead to unexpected returns or to higher risk taken than had been desired. Although this can turn out to be favorable (greater returns with the increased risk), it can also lead to less returns with less risk taken that had been anticipated. For this reason, Michaud (1989) cites markowitz’s optimization theory as having potential to mislead. According to Michaud (1989), Markowitz’s optimization theory in addition does not factor in asset valuation. This hampers its ability to effectively predict market reactions and the real value of an investment. For that reason, it is hard to predict the movements in the market which are not always effective. During a bust or boom economy, this is important as it leads to better choices of the investments to be included in the portfolio. According to Gibson (2008), an efficient portfolio is the one that maximizes the returns paired with regards to a certain volatility degree. During a boom economy, returns are high as stock prices rise and the confidence is also high. It is during this ti me that asset investment should be increased in order to maximize returns. There is less risk during a boom period when it is at its peak or early stages. However, as the boom economy progresses, it is marked by inflation, reduction in stock prices and greater risk in investment. Unemployment and lower confidence marks this period as it slowly unwinds. Another important part of investment is the ability to use macroeconomics factors in order to anticipate returns. There is more to a market than just the assets and their investment potential. People’s reactions can greatly affect the outcome of investment over time. Markowitz’s optimization theory additionally takes the duration of an investment singularly whereas in reality, returns tend to be correlated. This can make it a weak determinant of market movement and as such as an indicator of returns and risk. Nonetheless, as a consequence, risk is often minimized than it should be if correlation is depended upon. It is f or this reason that Markowitz’s optimization theory can be helpful in measuring risk irrespective of correlation between past investment periods and new investment period.Advertising We will write a custom essay sample on The portfolio optimization theory by Markowitz specifically for you for only $16.05 $11/page Learn More During a boom economy, economists encourage investment and asset allocation to be reviewed. According to Goldstein and Lardy (2004), during a boom economy there is a forward momentum that propels people to invest as they feel certain that the current situation will prevail, at least in time for them to receive returns. As a result, the economy is accelerated which in turn brings about an end to the boom after some time (Goldstein and Lardy 2004). In an examination of China economy that has been moving towards a boom period in late 1990s and early 2000, Goldstein and lardy (2004), state that the economists call for a slowing do wn of the economy to avoid the sharp turn in economy. The slowing is particularly targeted at banks and investment institutions (Goldstein and lardy 2004). The result of a boom economy is often the case as has been seen in China according to Goldstein and Lardy (2004), where investment becomes unstable. In order to avoid a collapse of the investment, measures have to be taken through macroeconomics to ensure that investment and economy pace is well maintained and adequately balanced. An examination of China’s asset allocation indicate that every time the boom in China rises above 30% it falls again in about four years to lower than 30% (Goldstein and lardy 2004). Despite theories used, these trends persist and have come to be associated with China’s economic history. Michaud (1989) states that in cases like these, Markowitz’s optimization theory does not offer optimum portfolios but is instead inadequate to offer meaningful portfolios that will survive the bust economy following a boom economy. The failure of Markowitz’s optimization theory to correspond to its theory according to Bau, Liu and Wong (2007) has been largely attributed to indicate that optimum returns are as a result of large returns from a numerous stocks. This is contrary to what Markowitz’s optimum theory proposes. It is this stocks that provide optimum returns and not smaller portfolios. According to Michaud (1989), the bases for Markowitz’s optimization theory which is returns and risk are prone to errors in estimation. This lead to Markowitz’s optimization theory to favor investment that presents bigger returns while indicating little variance (Michaud 1989). In essence, however, the covariance matrix is complex and changes may exceed expectation due to margin of error. In a study by Weiwei (2007), Chinese investment by firms was examined between 1993 and 2004. The results found were that during the bust economy, companies reduced their capit al so as to secure assets investment. Still there was considerable similarity between the sensitivity to sales and to asset investment. A somehow similar study was conducted by Alpanda (2007) on Japanese market and the effect of macroeconomics on asset prices.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Alpanda (2007) noted that there were crashes in stock and land prices for the period of 1980-1990. Alpanda (2007), study revealed how assets prices were determined by government policy and productivity growth. The government policies led to cycles that maintained the fall in asset prices due to taxation. However as the economy continued to slow down, the prices stabilized and people were once more able to invest despite the macroeconomics variables witnessed. Normal economy A normal economy is regarded as falling between a boom and bust economy. This economy is marked by moderate prices in stock without surges as witnessed during a boom economy or drops as witnessed during a bust economy. A normal economy can change at any time with economic growth and give way to a boom economy. Asset allocation at this time correlates more with Markowitz’s optimization theory and it is during this time that Markowitz’s optimization theory calculations could be most dependable. This i s because according to Michaud (1989), at its peak, this period presents stability in market without sharp changes in market confidence. Growth indicated by a growing gross domestic product (GDP) is generally steady and as a result, it is easier to calculate the expected returns and risks. However, as the normal economy progresses to a boom economy, there is marked growth and asset allocation can be adjusted to reflect the market changes in investment potential. Markowitz’s portfolio optimization theory According to Gibson (2008), asset allocation is determined by client’s individual tolerance of risk. The efficient frontier although ideal may still not present levels of volatility than all clients can handle despite the maximization of returns (Gibson 2007). As a result, Markowitz’s optimization theory can be used to calculate the returns particular to a client. According to Gibson (2008), however, historical data does not always help to make proper estimations for making returns and reducing risk. This is because variations occur and become part of the input that is computed in the calculations during asset allocation. Past returns can be adequately used to make sound expectation of returns in the future for an investment (Gibson 2008). Gibson (2008) states that the returns from stock though unexpected may sometimes exceed those of safer options like government treasury bills. This is what happened in the period 1978-1987 in America. The stocks which had showed limited returns out performed the treasury bills that had been expected to lead in returns (Gibson 2008). Thus, it is advocated that for Markowitz’s optimization theory to really make better estimates, longer historical relationships should be drawn upon (Gibson 2008). According to Choi (2006), it is important in asset allocation to invest in non-related assets. This offers a much better opportunity to subsidize risk while maintaining returns. Investment that readily show t heir performance like mutual funds are also ideal as investors can gauge them and make better investment that will satisfy their level of desired returns and risk tolerance (Choi 2006). Choi (2006), states that diversification remains important in asset investment as in every quarter, asset allocation speaks to around 93% total variations. In addition, between 75% to 98% total variation can be explained by it (Choi 2006). It is because of this impact that diversification of portfolio is important in ensuring that asset allocation is well primed. According to Goldstein and Lardy, as has been noticed in China, a boom unwinding can last longer in large economies. As a result, there is an extended period in the last stages of a boom. This increases the time period within which returns can still be high. However, since investment is already on a downward spiral it increase risk in new investments. According to Markowitz’s optimization theory, this time may be harder to predict as the market movements are unpredictable. In this kind of economic situation, Markowitz’s optimization theory model has received criticism as it does not make use of factors which could increase its accuracy in predicting returns and risks that will be actualized in the market. According to Michaud (1989), Markowitz’s optimization theory needs to be modernized to minimize its limitations. There has been a push towards improving Markowitz’s optimization theory by the use of what is now called modern Markowitz’s optimization theory. According to Goldstein and Lardy (2004), this can give better estimates that will relate to the market trends witnessed in the global business. Conclusion Markowitz’s optimization theory model has been in use and has guided the way asset allocation was conducted since 1950s. However, there have been increased efforts to make it more reliable in the current economy which have been less predictable. Global business and invest ment further complicates the use of Markowitz’ optimization theory as there are factors which make the market different in different markets. The tools used in one market may prove unreliable in another foreign market. In addition, emerging markets may not behave as might be expected. It is for this reason that more diligence has to be used in accurately determining the level of risks and expected returns. References Alpanda, S., 2007. The boom-bust cycle in Japanese asset prices. Web. Available At: https://mpra.ub.uni-muenchen.de/5895/1/MPRA_paper_5895.pdf  . Bai, Z. Liu, H and Wong, W., 2007. Making Markowitz’s portfolio optimization theory  practically useful. Web. Web. Choi, D., 2006. Cases for asset allocation. Journal of Business and Economics  Research, 4 (9), pp. 17-24. Gibson, R. C., 2008. Asset allocation: balancing financial risk. New York, NY: McGraw-Hill, Inc. Goldstein, M and Lardy, N. R., 2004. What kind of landing for Chinese economy?  Institute for International Economics, 4 (7), pp. 1-10. Michaud, R. O. 1989. The Markowitz optimization enigma: is ‘optimized’ optional?  Financial Analysts Journal, 45 (1), pp. 31-42. Weiwei, Y., 2007. Does macro economy have any effect on firm investment cash flow sensitivity? Frontiers of Economics in China, 2 (3), pp. 388-403. This essay on The portfolio optimization theory by Markowitz was written and submitted by user Prism 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.

Rude Literary Agents

Rude Literary Agents A long-time follower and fellow mystery author wrote me recently after the smack-down from a rude literary agent. I recently got a nasty rejection letter from an agent that said, When we said we were looking for new Southern writers, we were looking for the next Pat Conroynot the next Dukes of Hazzard. I should have been insulted, but it kind of rings true, and I reminded her the show was on the air for seven years! A back-wood badge of honor! I understood. An agent once asked me in a rejection letter, Why would we want a book about an insurance agent? She was talking about Carolina Slade, the protagonist in my original mystery series who was an investigator for agriculture. My first instinct at reading that ignorance was that I didnt need an agent with that attitude or lack of sense, and I considered that rejection as me dodging a bullet. Ive been to enough writers conferences to see agents act foolishly, behaving as if they were royalty walking amongst the commoners. Theyve laughed on panels at the naivete of certain writers, chuckled behind their hands during blind critiquing panels, and sat at tables at banquets, only with other agents, mind you, while sniggering at the speakers. Regardless of how lofty these souls think they are, you do not want that personality representing you. They will not be loyal. If they sign you, youll be the current favorite toy until a brighter, shinier thing comes along. Last week, I spoke of self-respect. The more self-assured you are, the better your chances are of landing an agent. . . the right agent. Of course, your writing has to be good, but if you are confident in yourself, a good agent will recognize that strength. Theyll see you wont be deterred Most of all, theyll see that youre interested in creating your stories and spreading them to the world, and thats what any reputable agent wants, too.

The Implications of Downsizing (Rightsizing) to the Employees, Research Paper

The Implications of Downsizing (Rightsizing) to the Employees, Communities, and Families of the Employees - Research Paper Example    Downsizing exposes the employees, communities, and the families of employees to psychological, emotional, and physical distress whether they remain employed or get fired. Generally speaking, the implications of downsizing include embarrassment, lack of the source of income, depression, low self-esteem, emotional abuse, social exclusion, and poverty.   I shall also identify the relative importance of the three kinds of stressors, so that the most significant, the significant, and the least significant stressors are identified separately. The expected outcome of the result is a list of contributors of psychological, emotional, and physical distress for the identified populations, along with the relative importance of each category of stressors. Knowledge of these stressors is the preliminary step towards the identification of the potential ways in which the effect of these stressors can be reduced. ... The first challenge in front of these employees is to seek employment somewhere else. Since they have not left the organization on their own and have rather been fired, this serves as a very negative point if the employees cannot somehow manage to prove that they left the organization on their own. The recruiters tend to suspect the eligibility of such employees for the job because they were rejected by their previous employers. Downsizing is mostly a consequence of the deteriorating political and socioeconomic conditions in a country, so when one organization downsizes, most of the other organizations are also doing the same. Finding a job in these circumstances becomes even more difficult for the employees. The process of searching for the job is not only physically tiring but is also emotionally demanding as one has to face the high expectations of the friends and family members who depend financially on one with no job in hand. The second challenge in front of the unemployed empl oyee is the constant feeling of embarrassment in front of the friends and family members. Owing to the shortage of money, it is not very uncommon for one to decline to the level that one has to ask friends for money, which in itself is a very embarrassing process, and often the loan is not granted without interest that puts the individual into an even greater financial stress for the time to come. The employees have to meet the daily needs in an increasingly tough environment wherein the prices of things are skyrocketing. All of these factors mutually function to negatively affect the individual’s health and psychology.  Ã‚  

Questions For A Second Reading Assignment Example | Topics and Well Written Essays - 1000 words

Questions For A Second Reading - Assignment Example Richard Miller organizes the whole chapter in further sub heading in an easy manner so as to give something useful in his all passage from major points to lower one. Its very first passage tells about the failure of modern world. According to him the problem actually lies in the advancement of technology and all the imagination unrestricted by realities that has called forth, which has dimmed the line between reality world and fantasy, between fact and fiction. Therefore he has given stress on the use of old fashioned and modest way of entertainment like reading novels, books and other story books that create a strong human interaction in man and always keep the man in reality. He first gives the example of modern world with Columbine Massacre and its failure. Miller has described all the problems of modern world in an organized manner and selected the major problems lies in the modern world in a very easy way. He at start tells about two master minded boys, Harris and Dylan Klebold, were outsiders in whom one was follower and one is leader indulged in evil activities, killed many adults and finally were in funerals, himself in his writing did not accept the idea of blaming others on his actions. Miller has started from the problems of Harris then goes to further more critical problems in a very systematic and organized manner. He forces us to think how do the threats of unforeseen and unpredictable can be eliminated either with the help of educational system or legal system. According to him problem should be stopped at its roots. It should not be increased. It is a challenge for legal and education institution to control the problem from its ground. Miller has used lexis phonic and dense style in his writing. His writing style is very cognitive and knowledgeable. He shows that such a long sentence with a lot of antonyms and large words do not always correlate and give such

All About Malaria Coursework Example | Topics and Well Written Essays - 1000 words

All About Malaria - Coursework Example 451). As studies indicate (Rietveld & Schlagenhauf 2008, p.214), malaria produces more complications in pregnant women and young children because these groups are more vulnerable to malaria. If diagnosis for this infection is not done at proper time, it may lead to disastrous results. The disease is said to have supplied by chimpanzees and gorillas to mankind. The comparative lack of genetic variations in plasmodium falciparum also testifies that it has the recent origin from some other primate species (ibid). How malaria is caused Normally this disease is transmitted to people by a certain kind of female mosquito called Anopheles. These parasites are usually found in the saliva of the female mosquitoes of this type. As described by Jacoby and Youngson (2004 p. 1123), when a person is bitten by a female mosquito, the parasite enters the bloodstream through the mosquito’s saliva and makes their way to the liver. Initially, they cause no troubles, but the infected liver then get s damaged releasing merozoites that badly affect the red blood cells (ibid). The multiplying parasites eventually cause the signs of malaria in the host. As stated above, the parasite that causes malaria is called a plasmodium. Typically, there are four different species that cause this disease in man. They are plasmodium falciparum, plasmodium malariae, plasmodium vivax and plasmodium ovale. Among them, the most dangerous one is plasmodium falciparum as it causes most serious complications and often becomes fatal. The rests are less malignant that cause severe fever at alternative intervals. Another peculiar characteristic of these non falciparum parasites is that they may get into the liver and be inactive for long; and the disease will be caused long after original infection (ibid). The different phases of communication and the life cycle of malaria parasites in the human body are illustrated in figure 1. (Figure 1: Source: Davis & Shiel, n.d.) Symptoms of Malaria If a person is affected with malaria, the signs will be visible from ten to twenty eight days of the mosquito bite. The first sign will be tiredness and loss of liveliness. The affected person will have continuous muscle pain and pain in the joints. Some other symptoms of malaria include fever, headache, nausea and diarrhea. The symptoms also include shivering and fever, heavy sweating and fall in temperature. As Ichhpujani and Bhatia (2002 p. 98) points out, Blackwater fever is another complication of malaria in which red blood cells break and release hemoglobin directly into the blood. Cotter (2001, p.39) finds that hemolysis, which is the phenomenon of red blood cell breakage, is the direct cause of Blackwater fever. The most alarming factor about malaria is that the parasites have developed resistance to a number of malaria medicines. Malaria Diagnosis It is a hard task to diagnose malaria with the clinical criteria as the general symptoms of malaria such as fever and headache are common to a number of illnesses. Therefore, in highly industrialized countries where malaria is rarely reported, physicians have to order special test to identify the presence of malaria. The widely used method of malaria diagnosis test is the Giems blood smear on a microscope slide that is discolored to show the parasites that have got into the red blood cells. The slide of such a blood smear showing Plasmodium parasites are pictorially represented in figure 2. (Figure 2: Source: Jacoby & Younson, 2004.). Though this test is comparatively easy, the

Ideology and Political Education Development Research

Ideology and Political Education Development Research A study on College Students Ideological and political education from the perspective of system harmony and traditional culture Summary In this paper, we analyze the unique paradigm of ideological and political education, ideological and political education of traditional paradigms no longer meet the growth of university students, by ideological and political education paradigm from Monologue to dialogue conversion, combined with the actual college students, give full play to college students the role of ideological and political education paradigm. The arrival of the era of big data, not only brings opportunities to the ideological and political education of college students, but also posed a serious challenge. Virtual social identity shaken the existing system, a profound impact on the ideological and political education environment, threats Students privacy and how to interpret scientific data become big new issues. Promote ideological and political education work based on large data Mechanism Innovation students, educators to enhance their level of information, to take a scientific means to enhance the ef fectiveness of large data acquisition, based on innovation paradigm of big data, improve the relevant rules and regulations, Big Data Application processing procedures, accurately grasp the ideological trend of dynamic students, sharing complex associated data. From Effectiveness departure ideological and political education, noting that the era of ideological and political education needs paradigm shift, put forward the ideological and political education paradigm shift orientation: Students diversification purposes of ideological and political education, humanity; target specific ideological and political education technology, equalization; ideological and political education of life, flexible technology; ideological and political education means of penetration, interactive. Four aspects of ideological and political education of the people Paradigm conducted a preliminary inquiry, hoping to take this direction to ensure the ideological and political education Paradigm successfully converted. Keywords Students; ideological and political education; paradigm shift; teaching evaluation; orientation Ideological and political education involving teaching paradigm major culvert and Research Paradigm Paradigm these two core level, the traditional ideological and political education paradigm into a monologue instead of focusing on an increasingly prominent theory diehard Lack of Realistic. For ideological and political education of college students real practical results, the building is conducive College Students Growth paradigm of ideological and political education has become essential, which also makes educators actively seek reasonable paradigm ideological and political education has become inevitable. Ideological and political education refers to a certain class, political parties, social groups with certain ideas, political views, ethics, applied to its members purposeful, planned, organized influence, so that they meet certain social formation, a certain class of the social practice needs moral character. Ideological and political education is a relatively independent of the particular system, there are more perfect the basic theory, basic concepts and basic methods, educators to certain ideological and political education and information by means of a certain carrier media, effectively act on the process of college students . Common body in the ideological and political education, some common beliefs or views on the ideological and political educators recognized in the field of education and ideological and political nature of the Institute of Theoretical support, produced a series of ideological and political education ideas and genres, formed the ideological and political diversified Education development Paradigm. Ideological and political education paradigm is that people has occurred in the ideological and political education of views held, general way of thinking and thinking framework, its core is the way of thinking. Thought educators engaged in educational activities, follows the norms, ways of thinking, mode of education, experience and learn from others through examples and so called ideological and political education paradigm, the paradigm ideological and political education mainly with the characteristics of ideological and political education of college students formed unique educational system, it provides tools for the concept of ideological and political education of college students. Construction of ideological and political education paradigm is both ideological and political education of practical reason and call return, but also a reflection on the value of ideological and political education and the integration of scientific rationality. Despite ideological and political education paradigm undisputed facts, but because of the special nature of the ideological and political education, the division of its type paradigm has divergent views. Depending on the standard paradigm of ideological and political education can be divided into different types. According to the different fields of application, the ideological and political education into ideological and political paradigm Education Paradigm and Paradigm. Teaching Paradigm is the path of ideological and political workers in the teaching practice followed, an important factor in the ideological and political education concepts, theories and techniques routes include. Paradigm is the ideological and political education theory researchers to obtain results of a path of thinking, conduct and mode of discourse. According to the status of ideological and political education, the content and methods of three perspectives, ideological and political education models can be classified as instrumental paradigm ideological and political education, ideological and political education knowledge-based paradigm and instill ideological and political education paradigm. Instrumental ideological and political education is an educational paradigm based on the existing ideological and political education in society to define, and the ideological and political education as a tool for countries in need of salvation, contrary to the nature of the ideological and political education, shelter human values ideological and political education paradigm function and meaning of functions. Knowledge-based paradigm of ideological and political education is an educational paradigm in accordance with the content of ideological and political education to define, excessive pursuit of knowledge economy era thirst for knowl edge, ideological and political education lost its essential function of teaching people to learn in life. Type instill ideological and political education paradigm is to educate those who use mechanical, simple way to inject educated fixed values à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹and behavior required for specific social habits educational paradigm from teaching methods to the existing level of ideological and political education to define the way of education advocating simple infusion method, the object will be placed in the educated, passive acceptance of the status. Based on ideological and political education to understand the nature, it can be divided into ideological and political education paradigm paradigm and text Humanistic Paradigm. Text paradigm is to the book-oriented, policy-oriented policy document from the theory of ideological and political education philosophy and time mode. It is talk about abstract theory while ignoring students practical, pay attention to the text while ignoring students need logic, summed up only heavy books, than to men present. Humanistic Paradigm people-oriented, to meet the reasonable needs of people play human body, promote personal improvement and achieve comprehensive human development as the purpose and the starting point of ideological and political education. Students believe that education is both the object and the subject is education, not only education, guidance, encouragement, and respect, understanding, care and help students grow talent.   Ã‚  Ã‚  Ã‚  Ã‚   At any time, ideological and political education in the ideological field will not disappear, cultivate socialist builders and successors, maintain its existing regime is always the same mission. However, in the ideological and political education course in order to achieve the set goals, we need to take into account the relationship between good individual needs and social needs, adhere to the people-oriented, and only in this way can always get peoples sincere support and cooperation in the implementation process. Marxist ideological and political education science paradigm is to be the times produced, it only emphasizes the social function of ideological and political education, but also take into account the individual features of ideological and political education, new perspective and height to locate the object of ideological and political education scientific and rational handling of the relationship between social needs and the needs of the individual. R ound development of people has become the main theme of ideological and political education. Purpose of ideological and political education in modern society continues to be diversified, humane, this is not a historical regression, on the contrary, ideological and political education of college students is in self-denial and constantly explore new trend of ideological and political education of survival and development.   Ã‚  Ã‚  Ã‚  Ã‚   Affected specific social environment, collectivism, value orientation in all areas of China has been fully developed and carried forward. This tendency to pursue the centrality of collective interests, the collective interests of one-dimensional thinking absolute priority in order to achieve collective interests, to achieve the desired goal of collective, personal interest in a certain range is weakened, or even limit. This situation is reflected in the ideological and political education objects, particularly reflected in the university student body, the college students is abstract, and college students into a passive capital of the people. Anti-Japanese War and the process of socialist construction, it unifies the ideological, college students gather strength, greatly enhancing the capacity-building and the construction of a new socialist enthusiasm of Chinese college students, the history of the mountain had also once appeared Students the countryside, the de velopment of the western region and other boom, visible contribution to the construction of the motherland Students tremendous power. However, with the economic and social development, multiculturalism began life full of college students, college students consciousness continues awakening, significantly enhanced sense of independence, this time should have timely adjustment of the kind of neglect, even limiting ideological and political education of college students individual needs, However, due to the lag of action, combined with ideological and political education for ideological and political education to understand the function of individual weaknesses, so that ideological and political education in modern society has become a university student can not fully reflect the thoughts of college students from reality pure class life. So, the social philosophical paradigm ideological and political education is facing serious challenges in modern society.   Ã‚  Ã‚  Ã‚  Ã‚   Common body in the ideological and political education, some common beliefs or views on the ideological and political educators recognized in the field of education and ideological and political nature of the Institute of Theoretical support, produced a series of ideological and political education ideas and genres, formed the ideological and political diversified Education development Paradigm. A. Meaning Education Paradigm Ideological and political education paradigm is that people has occurred in the ideological and political education of views held, general way of thinking and thinking framework, its core is the way of thinking. Thought educators engaged in educational activities, follows the norms, ways of thinking, mode of education, experience and learn from others through examples and so called ideological and political education paradigm, the paradigm ideological and political education mainly with the characteristics of ideological and political education of college students formed unique educational system, it provides tools for the concept of ideological and political education of college students. Construction of ideological and political education paradigm is both ideological and political education of practical reason and call return, but also a reflection on the value of ideological and political education and the integration of scientific rationality. B. Path Selection Despite ideological and political education paradigm undisputed facts, but because of the special nature of the ideological and political education, the division of its type paradigm has divergent views. Depending on the standard paradigm of ideological and political education can be divided into different types. According to the different fields of application, the ideological and political education into ideological and political education Paradigm Paradigm and Paradigm. Teaching Paradigm is the path of ideological and political workers in the teaching practice followed, an important factor in the ideological and political education concepts, theories and techniques routes include. Paradigm is the ideological and political education theory researchers to obtain results of a path of thinking, conduct and mode of discourse. An educational paradigm, ideological and political education as a tool for countries in need of salvation, contrary to the nature of the ideological and political education, ideological and political education paradigm obscured human value function and meaning of functions. Knowledge-based paradigm of ideological and political education is an educational paradigm in accordance with the content of ideological and political education to define, excessive pursuit of knowledge economy era thirst for knowledge, ideological and political education lost its essential function of teaching people to learn in life. Type instill ideological and political education paradigm is to educate those who use mechanical, simple way to inject educated fixed values à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹and behavior required for specific social habits educational paradigm from teaching methods to the existing level of ideological and political education to define the way of education advocating simple infusi on method, the object will be placed in the educated, passive acceptance of the status. Based on ideological and political education to understand the nature, it can be divided into ideological and political education paradigm paradigm and text Humanistic Paradigm. Text paradigm is to the book-oriented, policy-oriented policy document from the theory of ideological and political education philosophy and time mode. It is talk about abstract theory while ignoring students practical, pay attention to the text while ignoring students need logic, summed up only heavy books, than to men present. Humanistic Paradigm people-oriented, to meet the reasonable needs of people play human body, promote personal improvement and achieve comprehensive human development as the purpose and the starting point of ideological and political education. Students believe that education is both the object and the subject is education, not only education, guidance, encouragement, and respect, understanding, care and help students grow talent. C. Predicament and Breakthrough Bearing on the ideological and political education paradigm abstract scientific theory, then under the specific educational practice, it is join the ideological and political education theory and practice of ties and bridges. The current lot of ideological and political education paradigm was unable to meet the needs of development of college students, ideological and political education must be based on Marxist epistemology and methodology as a starting point, strive to get rid of the existing paradigm fetters, build a reasonable paradigm, the students of human dignity, freedom, happiness and overall development as the ultimate concern of ideological and political education, students fairness, tolerance, integrity, independence, self-reliance, self-consciousness and ideas. From the ideological and political education paradigm type of view, instrumental only pay attention to ideological and political education paradigm social needs, ignoring the overall development of the people, who put their professional education as a means to earn a living, pay attention to the teaching of the theory of norms preaching, not too much consider the relationship between political theory and the development of students, and students is that learning is the ideological and political theory needs of the country, we need to test, regardless of their own development, not to be combined with their own growth, there is no urgent need to learn, eventually leading to the ideological and political education value lost. Knowledge-based ideological and political education paradigm of the function of ideological and political education is only limited to imparting knowledge level, the ideological and political education equivalent to the intellectual, focusing on students knowledge indoctrination, ignoring the student body characteristics, according to the students knowledge learning logic to arrange teaching, moral education to make educated, humanistic value of training style education, ideological and political education is lost. Instill type of ideological and political education paradigm emphasizes subjectivity body, ignoring subjectivity object, ignoring the object carried by the culture, interests, needs and realities of life factors likely to cause differences in ideals and beliefs of society and college students real desire between educational purposes and human development out of touch, ideological and political education by subjectivity lost. D. Significance of Education Ideological and political education paradigm coupling ideological and political education and ideological and political education community, education is the intermediary between the subject and object of education. Reasonable ideological and political education paradigm, ideological and political education subject and object of education closely linked, so that the subject of education, education and education paradigm object organic education recognize the overall composition. Paradigm has a point to ideological and political education practice features and content, can be thought of education, practice methods lead to a common paradigm-based research who are committed to the same rules and standards in the practice of science. Formation of ideological and political education paradigm established a common belief common body of ideological and political education groups, ways of thinking and common theoretical basis, so that researchers from scattered to integration, relatively close, you can conduct in-depth exchanges of academic community. The researchers thinking, ideas and methods of ideological and political education focused on the existing problems, to keep the achievements that have been made to deepen. Ideological and political education is the ideological and political education paradigm real-world complexity in the method for decomposing the ideological and political education, paradigm, once formed, it will have a strong vitality, when the paradigm can not be used to explain and guide the resolution of the ideological and political education in the field most problems, paradigm shift will occur. Therefore, the current ideological and political education paradigm from monologue to dialogue with the conversion will be the ideological and political education theory and practice to promote the in-depth and in full swing. Big Data era, many privacy protective efficacy have shown a downward trend, whereas the previous privacy protection mechanisms have also been hit hard, for example, in anonymity, blurring and other aspects, its role is gradually reduced, and the new set up for the protection of privacy institutional mechanisms right is also facing many challenges. Fast developed communication technology, social development and structural change and gradually form a network of virtual structure, are showing growing trend change. The newly formed venture is likely to be caused by the use of advanced technological means to prevent and defuse the risk, not only of the existing system is facing greater challenges of identity, and even lead to the acceleration of normal social order into chaos. Thought awareness and value judgments big boost Students wave data from the network for more internet. It is due to the growing diversity of the characteristics of the network information content presented on both the mainstream concept of a strong impact, one-way interaction between the members of society as a guide for both methods produced profound effects sexuality, network development process by showing innovative mode of transmission for both itself has produced a strong challenge stereotyping. To enhance the ideological and political education, ideological and political education workers is an urgent need for large data essence, features in-depth understanding, and thus establish a large data thinking, that is comprehensive, ambiguity, open mind, and ultimately to develop a scientific accurate large data collection, and analysis judged the ability to choose. Big data can threaten the privacy and freedom of college students, exacerbated by its dependence on big data. Related Information Students Internet use is likely to be compromised, even by others or some unscrupulous people to grasp. Meanwhile, college students are actually a lot of information of the data, a dedicated, the corresponding database information system. Therefore, those in the more vulnerable party information university administrators and students will seriously affect the effectiveness of ideological and political education, which seriously threaten student privacy issues. In the data age, social dependence on big data is growing, but the reliability and interpretation of scientific certainty how big data is becoming a challenge in todays society. If the poor quality of the collected data is large, reach the quantification purposes, data analysis, there is bound to highly misleading or even wrong. Standardized data to test the ideological and political quality of college students on a comprehensive assessment of its university set reasonable incentive issues, whether objectively reasonable to highlight the desired quality of teachers? For these problems, data analysis is difficult to ensure the reliability of conclusions. At the same time, gradually to the era of big data transformation process, we can not accurately predict the existence of data between non-objectivity and even misleading, as similar risks if not addressed, will affect the Ideological and Political Education Effectiveness. Advanced information technology to continuously promote ideological and political education and the high degree of integration between information technology, it has become an inevitable choice of ideological and political education of college students study. Opportunity data Ideological and Political Education in the following areas. A. Enhance the comprehensive study Big data can be used to record the ideological and political education of the complete process. Through data integration platform to build, constantly bringing together public data relating to a public network platform and network questionnaire presented, can fully understand the needs of contemporary college students, more personalized service to student growth and success; the original resource data, intermediate outcomes to be three-dimensional applications, so that the ideological trend of college students to highlight the problem and empirical quantification, with a distinct sense of the times and lead, is conducive to strengthening the whole dynamic of research on college students ideological; through the collection of data and large campus induction, both ideological and understand the whole picture, living conditions, concluded that sampling can not be obtained, but also validate previous findings by the full sample data, discover the intrinsic correlation between data to pre dict trends, which has targeted to carry on the thinking and behavior of college students early warning. B. Scientific structure   Ã‚  Ã‚  Ã‚  Ã‚   In the rapid development of information era, microblogging, letter, forum, Baidu Post Bar and BBS and other social media use has become college students space for free speech, mobile phones, tablet PCs and other mobile network terminal equipment, in favor of the Internet to view the information, opinions and participate in the network a hot topic, so in a timely manner crawl structured data and unstructured data, data-oriented, structured process to become a reality. Universities also through the campus network and campus card business and other relatively sophisticated systems have been built up, the gradual accumulation of student data, overall objective and accurate simulation of diversity. C. The depth of excavation   Ã‚  Ã‚  Ã‚  Ã‚   Rich data types between the depth of data mining association offers the possibility, through rapid data calculations can quickly synchronize even reflect the real life world, reflect the students thinking, living, learning situation. Compared to traditional static data, sync data with higher reliability, which overcomes the shortcomings of inference based on experience or intuition. Ideological and political education by restructuring the data, revealing the depth of the problem difficult to deal with the idea of à ¢Ã¢â€š ¬Ã¢â‚¬ ¹Ãƒ ¢Ã¢â€š ¬Ã¢â‚¬ ¹dynamic or unpredictable, is conducive to play a personalized education, easier to promote the health of students, so as to enhance the ideological and political education work effective. D. Scientific research methods   Ã‚  Ã‚  Ã‚  Ã‚   Big Data is changing the existing forms of communication, new media presents a series of distinctive features, such as data, personalization, etc., are at large continue to strengthen the development of the background data, and presents many new changes. Large data-based terminal and new media content hosted, for the audience to provide more detailed information and personalized service. In the field of ideological and political education, through a complex network analysis, large-scale data collection and other scientific methods, significantly enhances the Science of Humanities and Social Sciences Research. E. Analysis on Ideological and Political Education to University Students Big Data Based   Ã‚  Ã‚  Ã‚  Ã‚   How reasonable and lawful access to large data college students, and scientific and effective analysis and Interpretations, ideological and political education workers become urgent to resolve the issue.   Ã‚  Ã‚  Ã‚  Ã‚   The presence of harmful information on the proliferation of network, such as violence, false advertising, pornographic sites, etc., have increasingly become the new network nuisance. How quickly and accurately tease out the information in the complicated wave of the required information has become a major problem. Data mining era of big data needs depth, the complete use of structured, semi-structured and unstructured variety crawler. Data Source is currently working with the Students Ideological closely related, there are four categories: One is the campus Web site, including the campus network, the official micro-Bo, the student network platform, various departments of office automation platform, anti-technology platform and campus security services campus card platform. The main source of such data contains the students academic performance, classroom attendance, borrow books, the campus card consumption, awards, funded situation, employment intentions and oth er individual sample data. The second is social media, such as microblogging, letter, forum, paste it, quiz communities, social networking sites, the main source of such data to reflect public opinion and association between samples society. The third is the search engines, such as Baidu, Google and so on, this kind of data by searching the index highlights major social hotspots and trends. The fourth is the portal, such as Peoples Daily, Xinhua, Sina, Netease, mainly reflecting the social hot and students attention and relevance feedback. F. Data Mining   Ã‚  Ã‚  Ã‚  Ã‚   Better access to useful data, need to determine the so-called keyword parameters on the basis of huge amounts of data collected on. The keyword is just not enough, we also need an interdisciplinary group of experts from fields such as management, computer science and other disciplines. Hadhoop is currently the more popular access to massive data information platform, through this platform, any individual or organization can own needs related to data mining. College authorities can collect various types of structured, semi-structured data is processed through hadhoop platform to educate students to obtain useful information. G. Big Data Analysis   Ã‚  Ã‚  Ã‚  Ã‚   Big data analysis is a huge amount of data to search, compare, clustering, statistical analysis, to explore the correlation between the data to arrive at the appropriate conclusions. Depending on the problem, the use of the ideological and political education, sociology, psychology and other related theories selecting different analytical methods, such as regression analysis, neural network method, and select the appropriate point of observation and quantification procedures. In particular, the use of visualization technology, the data can be converted to describe the state of mind, thinking and behavior of college students in a profound grasp of the development on the basis of ideological and timely manner to dynamic analysis, forecasting and guidance, to explore the ideological development of the law of Students. Conclusion Information collection and analysis process is a key step in the ideological and political education, ideological and political education research paradigm to innovate, and constantly improve the level of quantitative analysis. To this end, efforts need to do the following: First, the resource-rich and data-related departments, media and enterprises to carry out extensive cooperation, with its advantages of large volumes of data, legal compliance dig Students relevant information to formulate and improve ideological and political education policy provide a scientific basis; the second is to create suitable for all levels of ideological and political education work in big data platform, and further work to establish long-term effective mechanism for data collection and analysis process; third is to actively set up an interdisciplinary research group, give full play to the advantages of multi-disciplinary , formation of force; Fourth, identify the starting point and focus thought Stude nts collected information, and effectively improve the timeliness of information analysis, both online and offline from good grasp of the overall state of mind contact with the student population and various events between more emphasis on the accumulation of individual data of students, revealing the depth of individual thinking and behavior situation, and then to carry out personalized, customized educational activities to provide strong support, in order to improve the relevance and effectiveness of different types of ideological and political education.

Ethics and Decision Making Essay -- Ethical Behavior Workplace Essays

Ethics and Decision Making Ethics can have a big influence on decision-making in the workplace. Ethical behavior in the workplace is behavior that is accepted as morally â€Å"right,† rather than â€Å"wrong.† (Organizational Behavior). Unethical behavior can be considered illegal, or merely against the norms of society. Employees encounter ethical decisions every day in the workplace, whether they realize it or not. The stock boy must make a decision on whether it is right to steal merchandise. The auto mechanic must make a decision on what is a fair price to charge a gullible customer. The CEO must decide how to use all the power he or she possesses. There are many definitions of ethical behavior, and different people will view the same situation differently depending on their ethical thought process. The utilitarian view of ethical thinking states that ethical behavior is when the greatest good is done for the greatest number of people. This usually means, in a business sense, that one department, program, or factory must be shut down to help the company function more efficiently or be more financially stable. The individualism view is just that, decisions must be based on what is best for the individual’s interests in the long run. The moral rights view suggests that the basic rights of citizens should be respected. The rights of fair treatment, privacy, and freedom of speech are thought of as such moral rights. The justice view emphasizes fair and imparti...

Effective Classroom Management Essay

– Some guiding principles in classroom management and their implications to teaching. – According to James H. Stronge in his book â€Å"Qualities of Effective Teachers†, some guiding principles in classroom management are the following: †¢Consistent, proactive discipline is the crux of effective classroom management. †¢Inside the classroom, we could always expect some disciplinary problems, but some teacher could immediately handle the said problems. Instead of formulating immediate medicine for the behavioral problems, the teacher should focus on how to prevent these predicaments to occur. As much as possible, lets avoid dilemmas because it’s too pathetic for us to cry over spilled milk. †¢Establish routines for all daily tasks and needs. †¢To avoid turmoil inside the classroom, the teacher must ascertain routines from the start of the class, up to the class dismissal. This could also help a lot in saving much time and effort because their work is already in routine. †¢Orchestrate smooth transitions and continuity of momentum throughout the day. †¢As much as possible, the teacher must avoid dull moments inside the classroom to motivate the students to always pay attention to the speaker. The teacher must scheme smooth transitions of activities inside and outside the classroom throughout the day. †¢Strike a balance variety and challenge in students’ activities in the classroom. †¢There should be a variation of activities inside the classroom to avoid the students and even the teacher from being bored. †¢As classroom manager, be aware of all actions and activities in the classroom. †¢Even if the teacher is not around, she is still responsible for the students. That is why she must know the things that are happening inside the classroom and what her students are up to. †¢Resolve minor inattention and disruption before they became major disruptions. †¢Disruptions seem to be part in every classroom and in every lesson. No matter how big or small the hitch is, it could still give so much distraction not only to the teacher, but foremost to the students. That is why, if the disruption is still controllable, the teacher must try to stop it before it becomes too late for her to control the situation, and worse, it could spoil the whole transition of the lesson inside the classroom. †¢Reinforce positive behavior. †¢To motivate the students to always do the good and right thing, the teacher should always pay even the simplest compliments in her students’ actions especially to the appreciating ones. †¢Treat minor disturbances calmly. †¢If a simple rising of the voice could control the simple problem, then do it. There’s no need for you to be hysterical and over-react on something that’s just under control. †¢Work out a physical arrangement of chairs that facilitates an interactive teaching-learning process. †¢Some teachers change seating arrangement quarterly. This is to enhance interactions between the teachers and students. †¢Make good use of every instructional moment. Minimize discipline time to maximize instructional time.

Angonoka Tortoise Facts

Angonoka Tortoise Facts The angonoka tortoise (Astrochelys yniphora), also known as the ploughshare or Madagascar tortoise, is a critically endangered species that is endemic to Madagascar. These tortoises have unique shell colorations, a characteristic that makes them a sought-after commodity in the exotic pet trade. In March of 2013, smugglers were caught transporting 54 live angonoka tortoises- nearly 13 percent of the entire remaining population- through an airport in Thailand. Fast Facts: Angonoka Tortoise Scientific Name: Astrochelys yniphoraCommon Names: Angonoka tortoise, ploughshare tortoise, plowshare tortoise, Madagascar tortoiseBasic Animal Group: ReptileSize: 15-17 inchesWeight: 19-23 poundsLifespan: 188 years (average)Diet: HerbivoreHabitat: Baly Bay area of northwestern MadagascarPopulation: 400Conservation Status:  Critically Endangered Description The angonoka tortoises carapace (upper shell) is highly arched and mottled brown in color. The shell has with prominent, ridged growth rings on each scute (shell segment). The gular (foremost) scute of the plastron (lower shell) is narrow and extends forward between the front legs, curving upward toward the neck. Habitat and Distribution The tortoise inhabits dry forests and bamboo-scrub habitats in the Baly Bay area of northwestern Madagascar, near the town of Soalala (including Baie de Baly National Park) where the elevation averages 160 feet above sea level. Diet and Behavior The angonoka tortoise grazes on grasses in open rocky areas of bamboo scrub. It will also browse on shrubs, forbs, herbs, and dried bamboo leaves. In addition to plant material, the tortoise has also been observed eating the dried feces of bush pigs. Reproduction and Offspring The reproductive season occurs from approximately Jan.15 to May 30, with both mating and egg hatching occurring at the onset of rainy seasons. The courtship begins when the male sniffs and then circles the female five to 30 times. The male then pushes and even bites the females head and limbs. The male literally overturns the female in order to mate. Both the males and female can have several mates during their lifetimes. A female tortoise produces one to six eggs per clutch and up to four clutches every year. The eggs incubate from 197 to 281 days. Newborn turtles are generally between about 1.7 and 1.8 inches and are completely independent once they are born. Angonoka tortoises reach maturity and become sexually active at about 20 years of age. Threats The greatest threat to the angonoka tortoise is from smugglers collecting them for the illegal pet trade. Secondly, the introduced bushpig preys on tortoises as well as its eggs and young. Additionally, fires employed to clear land for cattle grazing have destroyed the tortoises habitat. Collection for food over time has also impacted the angonoka tortoise population but to a lesser degree than the above activities. Conservation Status The IUCN classifies the northern leopard frogs conservation status as Critically Endangered. There are literally only about 400 angonoka tortoises remaining in Madagascar, the only place they are found on Earth. Their unique shell colorations make them a sought-after commodity in the exotic pet trade. It is the worlds most endangered tortoise, tortoise advocate Eric Goode said to CBS in a 2012 report on the  ploughshare. And it has an incredibly high price on its head. Asian countries love gold and this is a gold tortoise. And so literally, these are like gold bricks that one can pick up and sell. Conservation Efforts In addition to its IUCN listing, the angonoka tortoise is now protected under the national law of Madagascar and listed on Appendix I of CITES, prohibiting international trade in the species. The Durrell Wildlife Conservation Trust created Project Angonoka in 1986 in cooperation with the Water and Forests Department, the Durrell Trust, and the World Wide Fund (WWF). The Project performs research on the tortoise and develops conservation plans designed to integrate local communities in the protection of the tortoise and its habitat. Local people have participated in conservation activities such as building firebreaks to prevent wildfire spread and the creation of a national park that will help protect the tortoise and its habitat. A captive breeding facility was established for this species in Madagascar in 1986 by the Jersey Wildlife Preservation Trust (now the Durrell Trust) in cooperation with the Water and Forests Department. Sources Fishbeck, Lisa. â€Å"Astrochelys Yniphora (Madagascan (Plowshare) Tortoise).†Ã‚  Animal Diversity Web.â€Å"The IUCN Red List of Threatened Species.†Ã‚  IUCN Red List of Threatened Species.Nelson, Bryan. â€Å"13 Percent of Entire Tortoise Species Population Found in Smugglers Bag.†Ã‚  MNN, Mother Nature Network, 5 June 2017.â€Å"Ploughshare Tortoise | Astrochelys Yniphora.†Ã‚  EDGE of Existence.â€Å"The Race to Save the Tortoise.†Ã‚  CBS News, CBS Interactive.

Thesis Format

Thesis Format Thesis Format Thesis Format Headlines help organize your thesis format more effectively. Headlines help you choose an appropriate thesis format.   Thesis format is not set; it is very flexible and can be changed in the process of thesis writing.   The sequence of headings, in turn, establishes the development of the argument throughout the thesis. There are many levels of headings and there is uniform rule to use.   However, you should keep in that your thesis dissertation writing should have at least some consistency.   Generally, chapter titles are marked as 'Heading 1' (perhaps upper-case, bold, and centered), the main ideas of each chapter are marked as 'Heading 2' (perhaps title case, bold, and left aligned) and sub-headings are marked as 'Heading 3' (perhaps italic and left-aligned). The greatest prominence is given to the most important headings, using combinations of capital letters (upper case), centering, and bolding. When you are working on a thesis chapter of 10,000 words, it can become difficult to check whether there is an overall consistent flow in what you are writing. For example, material on page 19 might follow material on page 3 more logically, but (unless you are continually re-reading the whole thesis and concentrating carefully) you might miss an overlap or lack of logical flow. An excellent way to check the flow of a thesis chapter is to check the headings. Outline view is invaluable when you are working on large documents such as thesis writing with multiple headings. Writing a thesis is a complex work, and if you have no possibility to write a thesis, you can take advantages of custom thesis services. Thesis Format Tips We advise you to spend some time talking with your tutor over requirements and expectations.   Thesis dissertation writing is a very large project and you definitely want to make it right.   It is a challenge as well as an opportunity to produce an original and interesting piece of writing.   Your thesis paper might determine your career choice and even shape the professional growth.   Do not miss an opportunity to get professional assistance with your thesis writing. .com You are welcome to order custom thesis writing service at our site.   Years of writing and editing experience give us confidence to promise qualitative assistance.   We can write a good thesis for you.   You will not regret placing an order at our site because we fulfill all of our promises!   Free plagiarism report and unlimited revisions upon request!

Sick Around America directed by Jon Palfreman Essay

Sick Around America directed by Jon Palfreman - Essay Example Under the federal COBRA law, employees under comprehensive group coverage can only continue with the coverage provided they pay the premiums in full which is rather expensive leading to many employees not taking the option. Therefore, this leads to ‘job lock’. According to Buchmueller and Valletta (1996), this term defines reduced worker mobility that arises from the perceived risk of losing health coverage. This compromises especially individuals who have a medical condition, who, if they change jobs, may be denied coverage either for the existing condition or altogether under their new employers through application of the ‘preexisting condition’ clause. Another challenge that is evident is that employees are forced into jobs contrary to their career choices, just to secure health coverage. To the employers, small businesses feel the heat of these plans. The documentary Sick Around America highlights the plights of a small business hit by a million dollar cost for the delivery of a premature baby by the employees that resulted in their insurers increasing the premiums by over 78%. Consumer Directed Health Plan (CDHP) is operated by insurance companies who are not obliged to cover anyone. Indeed, they take steps to avoid those who are already sick through a practice called medical underwriting. This practice enables the private insurers to avoid the sick and select the healthy. This is done through rigorous forms that require a person to fill all his health history. This is compounded by the fact that the insurers have access to all the medical records ever developed about any person. As a result, any person with a history of serious conditions, such as diabetes and heart problems gets rejected. This was also applied to people with even common ailments. Failure to disclose anything material is regarded as fraud and the insurers employ this opportunity to recede retrospectively coverage of persons after they have become sick. Insurers take the opportunity of this window to frame questions that are ambiguous and that will, in some way, lead the unsuspicious appli cant forgetful of some minor past details to give incorrect information, which would, in turn, allow the insurer to recede the contract. This practice was being abused. Indeed, the documentary points to the fact that some insurers actually paid bonuses to their employees who were in charge of rescission based on how many rescissions the carried out in a given year. Medical underwriting has been countered in some states through the guaranteed issues. In such states, the law requires everyone who seeks insurance to be insured. However, such guaranteed issues predisposed the subscribers to extremely high premiums given that it allowed them a leeway to subscribe after they got sick. In states such as Massachusetts that had the guarantee issues, everybody was mandated to buy a policy or else be fined. This was hard to implement given that due to the soaring cost of the premiums, many residents could not afford it, and it was, therefore, impossible to enforce it. The health care reform ha s introduced some far reaching provisions with regard to the above problems. For instance, to cure the problem that arises from medical underwriting, there are introduced programs that care for those who have been rejected due to health conditions or disability. Such programs include the Pre-existing Condition Insurance Plan (PCIP), while young adults below 26 years qualify for coverage under their parent’

Natural Gas in Israel Assignment Example | Topics and Well Written Essays - 2000 words

Natural Gas in Israel - Assignment Example This means that even as it focuses on economic development, Israel must give good attention to its defense and the activities of its neighbors and maintain a robust and well thought out foreign policy. One other challenge that the country has to deal with is pollution. With the development of new industries comes more pollution. The country has taken a raft of measures to ensure that it remains stable and harvest the resource sustainably. It remains to be seen, however, how the country will deal with these challenges. Â  For a long time, the world has known the economic importance of oil and natural gas. Many countries including The United Arab Emirates and Canada are the testimony to the wealth and power that comes with having natural gas and oil as part of a country’s natural resources. Being situated in the Middle East which is associated with massive oil and natural gas reserves, Israel hoped that it too would enjoy the benefits of having oil and natural gas wells ever since its establishment as a modern country. While this was the case, the country’s prospects of discovering natural gas and oil very little promise. Â  Between 1954 and 1969, the officially country began to hunt for natural gas reserves off and onshore as noted by Forman (2013). After more a long period of searching, the Tethys Sea Partnership announced that it had discovered natural gas in the Noa field. The discovery of the Mari B field after the first discovery was a feat that sparked great interest in Israel’s coast. The year 2005 saw Israel sign a contract with Egypt for the supply of 40 percent of its yearly demand (Forman 2013). The Tamar, Dalit 1, and Levithian reserves were discovered between 2009 and 2012 marks a major breakthrough for the small country (Forman 2013). For the first time in the history of Israel, natural gas from the Tamar reserve flowed in 2013 marking another major breakthrough in the country’s history. Â