According the ppt in attachment write a Speech about 2 page in hurry Essay

According the ppt in attachment write a Speech about 2 page in hurry plz - Essay Example existence of diverse knowledge, attitudes, competence, and concepts that are based on diverse cultures in today’s workforce necessitates competence in intercultural communication. When the knowledge is integrated with business, it constitutes intercultural business communication. Intercultural communication study is not a new concept. It started in the 1920s with the study and teaching of linguistics. Linguistics constituted lessons on communication skills such as listening that enhanced understanding languages. In the 1950s, E.T. Hall introduced the terms, â€Å"intercultural tensions,† and â€Å"intercultural problems.† The terms created awareness on the diversity and differences that are evident among individuals from different cultures and worldviews. Furthermore, awareness of the existing tensions and problems created by cultural differences promoted the urge for different people to harmonize them through commonalities in communication. In 1958, Lederer and Burdick published â€Å"The Ugly American† that created mass awareness of intercultural issues and concerns. In 1959, Hall published â€Å"The Silent Language† that further promoted awareness on intercultural communication. Later, in 1961, Kluckhohn and Stodtback contribut ed greatly to the concept of intercultural communication. Oliver’s 1992 publication â€Å"Culture and Communication† and Smith’s 1996 â€Å"Communication and Culture† further enhanced understanding of the concept. The period from 1971 to 1980 featured landmark and rapid development of intercultural communication. Three major publications were influential in enhancing understanding of the concept. â€Å"American Cultural Patterns† by Stewart, â€Å"Communication: A Reader† by Samorar and Porter, and Prosser’s †Intercommunications among Nations and People† were notably influential publications that promoted understanding of intercultural communication as a concept. Since 1980 to present, there have been several studies and publications

Human resource Assignment Example | Topics and Well Written Essays - 1000 words - 3

Human resource - Assignment Example along with sharp observations and strategic management decisions, their loyal and skilled workforce is one of the reasons behind their success. With a fleet of airplanes at their service and a multinational and lean workforce Emirates is able to employ labor cost and fleet cost economies and lower their overhead (El Namaki, 2007). The airline’s continued performance and profitability for the last 24 years has enabled them to pursue a strategy of rapid expansion and growth in recent years. The Emirates Group has posted a net profit of AED 2.3 billion ($629 million) for the 2011-12 annual year, with revenues growing by 14.9 per cent when compared to the 2010-11 financial year (Graphic Ghana, 2012). In the same year the group acquired around 22 new aircrafts to grow their transport services. A very important part of their business is the crew and staff that manages their services and Emirates has developed a long term strategy with selecting, recruiting and training the best fit employees for the Emirates culture. The official website provides transparent information about their recruitment procedures. Taking advantage of the global talent pool, The Cabin Crew recruitment team regularly travels to over 60 countries to select the best people for the organization.   Ã¢â‚¬Å"Global Information Open Days†Ã‚  and  Ã¢â‚¬Å"Global Assessment Centres†Ã‚  are currently scheduled at various international destinations to streamline the process. These events are conducted to allow aspiring pilots and technicians (along with other staff) to connect with the company, after initial short list, interviews are conducted - assessment centers are used and in some cases psychometrics tests are required (Emirates Group, 2012). They provide an extensive training for their pilots of upto four years including foundation stage of airline flying, practical training in Spain and Dubai and training with commercial planes for 6-9 months before getting their air transport pilot’s license. The extensive recruitment and training process cuts down on employee turnover and performance is up to the standards required by the airline. In 2012 Emirates increased its overall staff count by more than 10 per cent. The group employs a total of 63,000 multicultural workforce from 160 countries. (Graphic Ghana, 2012)Adel Al Redha, Executive Vice-President, the Department of Engineering and Operations, Emirates Group, said ‘the company has a strategic plan for recruitment in the coming years, in conjunction with the expansion." (Staff, 2011). As well as international recruits, the group plans to invest in cultivating local talent from the Emirates. At present Emirati pilots, engineers and technicians from about 12 per cent of the airline's staff, but with an expected 8,500 more jobs opening in the organization- hiring close to home will let Emirates help the community and increase the job base for the nationals. For the group, the external recruitment strategy is in line with their mission to become a global air transport service provider. The ‘Open’ business model they follow (Annual Report, 2010-11) which favors open sky policies and liberalization in the aviation industry to foster health competition as different

Create Primary Care Clinic Research Paper Example | Topics and Well Written Essays - 1250 words

Create Primary Care Clinic - Research Paper Example Our major clinical disciplines are 9 different specialties. Referral to specialist doctors regarding all major fields are done effectively depending on condition of patients. The mission statement I want to have for our clinics is; â€Å"Quality Health care for all, affordable and Satisfaction Guaranteed†. Why I have chosen this statement as a mission for our clinics? Well answer is simple we provide up to date quality of care to our patients at clinic. Also our contract services including 24- hour care at door step and appointment with expert specialists and surgeons is very cheap and is satisfying off course for our customers and patients. Our contract services like taking care of a patient at home and making arranging of appointment of patients with different expert specialists are of greater importance. It is evolving a good image on the local community. By primary care clinics we mean practitioners such as nursed providing first aid and cure of common illness like cold, fever and common allergy problems. Female nurses are of greater important in this regard as two of our owners are also registered female nurses. Female nurses play an important role in community such as promoting awareness about health issues among female members of the community (Law and Scott, 2008). Also female members of local community trust more on the nurses’ that belong to their own community regarding different problems. There are many services provided by our clinic to the local communities surrounding our both clinics like birth control pills and other medicines and initial services that are available. As a primary clinic we also need Legal health partners aiding us in providing our services effectively. Legal health partners as we know provide legal service legal-health problems related to our patients as well as dealing with different legal issues patients might face during treatment. Also

Food, Inc Essay Example for Free

Food, Inc Essay In America, whoever has the big bucks dictates how things are run. With money, there is no limit to what can be done in America. The documentary â€Å"Food Inc. produced by Robert Kenner and Eric Schlosser, takes an in depth look at America’s food industry and the terrible but completely legal way our food is genetically engineered. The narrator makes the argument that profit is put before the consumer’s well being,. The vision of the American farmer, workers safety, and our precious environment is far from the correct vision of the many major corporations that are producing our food. I firmly believe that these corporations have put aside and have deliberately tried to hide the truth about how unhealthy the food they produce truly is for the American public. The purpose of this video is to shock the American public with clever filmography and facts about the food Americans consume every day. The food industry is full of misconceptions. â€Å"Food Inc. † declares that the food industry is using deceiving images of American farmlands to sell their product. Images of lush green fields, picket fences, and 1930’s farmhouses is only a â€Å"spinning of a pastoral fantasy†. In reality the food being consumed is coming from mistreated animals and large factories all over the country. As the video continues, images of your typical everyday supermarket are cleverly displayed giving the audience something they can relate too. â€Å"There are no seasons in the American supermarket†. (Food Inc. ) The narrator gives details on how we as consumers get to enjoy ‘tomatoes’ all year round. He states that they were â€Å"grown half way around the world, picked when it was green and ripened with ethylene gas† (Food Inc. ). This is meant to inform the audience that what they are eating isn’t what it seems. It definitely makes viewers stop and think next time they are buying a tomato in winter. There has been little understanding and awareness of food in America until the film Food Inc. , which helped show the basis of how food is produced, packaged and sold locally in our grocery stores. We have been made to believe that local stores carry a wide variety of foods in all areas, including meats, dairy and especially in the fast food industry. A typical grocery store has on average 47,000 products and has made us to believe that there is a wide variety of choices inside the grocery store (Food, Inc. ). In today’s food industry most of the products are produced by only a few main companies which allow for cheaper foods in the stores. The current raw food production method has made a huge increase in our fast food companies since the 1950’s (Food, Inc. ). In fact, the production of our food has changed so much since the 1950’s, than the thousand years prior. The food industry which is controlled by only a few companies has turned the industry from the ordinary farmer, to the production of large quantities of food, feeding the nation at low costs which results in enormous profits for the producers. Because of this, health and safety of the food itself, how the animals are raised, the current method of workers being on assembly lines, and the consumer eating the food are now being overlooked by the companies and government; to provide cheap food regardless of the negative consequences. The reason for this innovation has been based on the advancement in science and technology which is a main reason for the negative side effects. With the addition of Carl’s Law, companies now come up with ways to throw more science at the problem to help eliminate the issues and not the root causes for the matter. I believe the message of Food Inc. s that most of what Americans now eat is being produced by a handful of huge corporations which is more detrimental to health, our environment and even our own human race. The horrible known facts about animal mistreatment and food contamination are being covered up by the secretive industry, by not talking to the filmmakers or let the insides of their companies be shown to the world, which include the enormous chicken farms, cattle ranches, slaughterhouses and the meatpacking plants. This film also said that â€Å"exploitation and malpractice in the meat industry were exposed as far back as Upton Sinclairs 1906 muckraking book, The Jungle. † Food Inc. , is a movie that address’s the voices of advocates, farmers, and journalists, to show what’s wrong with the food and what we can do about it. There are many factors that lead to the killing of the environment. There is a scene in the movie that shows cattle standing in about of a foot of its own feces. The feces that the cattle is standing in is full of harmful chemicals. Not only do the cattle have this bacteria in its body, but it is also spreading the bacteria in the ground, rivers, streams, etc. When it rains, the run off from these â€Å"farms† are affecting the health of the animals in the surrounding areas and further. The factories are polluting the air and killing more of the ozone layer due to the harmful chemicals that the factory is pushing out. It is sad to see how companies can allow cattle that will be slaughtered to stand in a foot of its bacteria infested feces, but worse to then see the cow be slaughtered and eventually be put on the shelves of grocery stores. There is no empathy on how the food is processed from beginning to end. Animals are treated horribly, known bacteria that they oversee and more important the health of the people consuming the products is not in any of the company’s top interest. All in all, this movie has shown me how brutal Americans can be to animals and how our own US Government seems not to care about its citizens health. I have learned to eat organic foods and to shop for produce only in season. The one question that kept arising in my mind during the movies was, I wonder where the food that the white house serves comes from. Is the president eating the same steroid injected chicken her is letting his country eat? It was a great movie and should, by law be shown in schools around the United States.

How Alcohol May Affect Human Behaviour :: essays research papers fc

How Alcohol May Affect Human Behaviour 4. A young man started behaving in an aggressive and abusive manner after he had a number of alcoholic drinks at a party. The next day he was behaving quite normally and was quite concerned when shown a video of his behaviour the previous night. Explain how alcohol may affect human behaviour. Some Facts(1) Australian industry loses more than one billion dollars a year because of sickness caused by alcohol. Alcohol plays a part in more than 50% of serious crimes in Australia. In violent crimes it plays an even bigger part: more than 75% of them are linked to alcohol. About half of the people killed in road accidents are killed because somebody has drunk to much. Effects of alcohol on human behaviour From the above facts it is clear that alcohol has a major impact on the lives of Australians. This is particularly more so because it is not illegal and because it is so widely used. The effects of alcohol on a individual's body vary according to: (2) with the amount consumed. the way the alcohol is taken. the individual's body (size weight, health). the individual's experience. the individual's mood. the circumstance in which alcohol is consumed (with food, in a social gathering, with other drugs etc.) The immediate effects of alcohol on an individual varies but can produce a wide range of effects including: (2) Loss of inhibitions. Flushing and dizziness. General impairment of brain and nervous system functions. General loss of co-ordination. Impairment of motor (movement) skills. Staggering. Slow reactions. Blurred vision and slurred speech. Aggression. General impairment of senses (e.g. touch, sight, speech, etc.) Vomiting. Unconsciousness. Children and young people are usually more affected by alcohol than adults. This is because of their lower body weight and lack of tolerance. The disturbing aspect is that one is not generally aware of these changes. Instead, the individual think's he/she is behaving more efficiently than normal. In fact, performance is much poorer. In relation to Topic (4) the change in behaviour in the young man at the party following a number of alcoholic drinks can now be explained. As shown above young people are generally more affected by alcohol than adults. The loss of inhibitions and aggressive behaviour can by typical changes after alcohol consumption. It is not surprising that when shown a video of his behaviour the previous night that he was quite concerned about his aggressive behaviour. Again as mentioned previously one of the effects of alcohol is that one is unaware of the changes taking place. As the young man was behaving normally the following day he did not have a hangover. A hangover is a body's reaction to being poisoned by alcohol and

British Mercantilism

Mercantilism was more favorable to the colonies than it was to Great Britain because, Americans reaped direct benefits from the mercantile system, the average American was better off economically, and mercantilism had sufficient merit to be long perpetuated. Mercantilism was a huge success and a major factor in the development of the colonies. Mercantilism helped jump-start the formation of what we now call America. The American colonists reaped direct benefits from the mercantile system.Liberal bounties were paid to colonials who produced ship parts. The tobacco planters received special privileges in the colonies because of their addictive plant. The colonies had a monopoly on the British market. The direct benefits that the colonies receive help America grow economically because of mercantilism. Although the colonies reaped direct benefits the average American can be more significant to this subject. The average American was better off economically than the average Englishmen.For one the Americans paid no tax on any army because of the alliance with Britain. They paid no tax because of Britain’s forceful navy and saw no use to form an army of their own. The lack of tax and the direct benefits combined together help prove that the average American is better off than the average Englishmen. Mercantilism was a great success. Mercantilism had sufficient merit to be long perpetuated. Mercantilism was so triumphant that it is a system that can be used in our world today.Traces of mercantilism are indeed found in our world today proving the success of mercantilism to be phenomenal. Trade between countries still is a immense part of how we obtain our food and clothing and our bare essentials, as it was for the colonies and Britain. Mercantilism in the colonies obviously worked better than in Britain for these specific reasons; Americans reaped direct benefits from the mercantile system, the average American was better off economically than the average English men, and traces of mercantilism can be found in our world today.

Derivative and Its Impact on Stock Market

A Paper Presentation Derivative and its impact on capital market Derivative and its impact on capital market On Prepared by Ms. Vidhi Joshi Asst. Professor MBA Department T. N. Rao college of Management Studies Rajkot 1. Introduction to Derivative: The rapidity with which Indian capital market, corporate finance, banking and investment finance has witnessed a major transformation and structural change from the past one decade and this change in recent years has given birth to a new discipline that has come to be known as Financial Engineering. Financial engineering involves the design, the development, and the implementation of innovative financial instruments and processes, and the formulation of creative solutions to problems in finance. The last decade has witnessed the introduction of ‘derivatives’ as an innovative financial instrument in the Indian markets. One of the major objectives of these reforms was to bring the Indian capital market up to a certain international standard. Due to such reforming process, one of the significant step taken in the secondary market is the introduction of derivative products in two major Indian stock exchanges viz. National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) , with a view to provide tools for risk management to investors and to improve the informational efficiency of the cash market. A derivative is financial instrument whose value is ‘derived’ from another underlying security or a basket of securities the underlying is the identification tag for a derivative contract. Derivatives are instruments of risk hedging. In the Indian context the Securities Contracts (Regulation) Act, 1956 (SCRA) defines â€Å"derivative† as a security that is derived from a debt instrument, share, loan whether secured or unsecured, risk instrument or contract for differences or any other form of security, same as a contract which derives its value from the prices, or index of prices, of underlying securities. Derivative products includes futures, forwards, options and swaps, and these can be combined with each other or traditional securities and loans to create hybrid instruments. In other words, a future contract is a standardized agreement between the seller (short position holder) of the contract and the buyer (long position holder), traded on a futures exchange, to buy or sell a certain underlying instrument at a certain date in the future, at a pre-set price. The future date is called the delivery date or final settlement date. The pre-set price is called the futures price. The price of the underlying asset on the delivery date is called the settlement price. Equity derivatives trading started on June 9, 2000 with introduction of stock index futures by Bombay Stock Exchange (BSE). National Stock Exchange (NSE) also commenced its trading on 12 June, 2000 based on S&P Nifty. Trading on NIFTY futures was introduced on the 12th of July 2000. Trading on stock futures was introduced in the NSE in the 9th November, 2001. Subsequently, other products like stock futures on individual securities, index options and options on individual securities were introduced. Forward Contract: A Forward Contract is a transaction in which the buyer and the seller agree upon a delivery of a specific quality and quantity of asset usually a commodity at a specified future date. The price may be agreed on in advance or in future. † Future Contract: It involves an obligation on both the parties i. e. the buyer and the seller to fulfill the terms of the contract (i. e. these are pre-determined contracts entered today for a date in the future) * Obligation to buy or sell * Stated quantity * At a specific price * Stated date (Expiration Date) Marked to Market on a daily basis Options: An Options contract confers the right but not the obligation to buy (call option) or sell (put option) a specified underlying instrument or asset at a specified price – the Strike or Exercised price up until or an specified future date – the Expiry date. † The Price is called Premium and is paid by buyer of the option to the seller or writer of the option. à ¢â‚¬  Types of option * Call Option * Put option Put Option: The right to sell a futures contract. It provides protection against falling prices and also sets a minimum price target. Call Option: The right to buy a futures contract. It protects against rising prices and it also allows participation in seasonal price rises. Swap: Swap is a contract between two parties to exchange a set of cash flows over a pre-determined period of time. Example ‘A’ agrees to pay cash based on the rate of return of an agreed stock market index to the second counter party ‘B’. Participants in Derivatives Market: 1. Hedgers: They use derivatives markets to reduce or eliminate the risk associated with price of an asset. Majority of the participants in derivatives market belongs to this category. 2. Speculators: They transact futures and options contracts to get extra leverage in betting on future movements in the price of an asset. They can increase both the potential gains and potential losses by usage of derivatives in a speculative venture. 3. Arbitrageurs: Their behaviour is guided by the desire to take advantage of a discrepancy between prices of more or less the same assets or competing assets in different markets. If, for example, they see the futures price of an asset getting out of line with the cash price, they will take offsetting positions in the two markets to lock in a profit. Applications of Financial Derivatives: Some of the applications of financial derivatives can be enumerated as follows: 1. Management of risk: This is most important function of derivatives. Risk management is not about the elimination of risk rather it is about the management of risk. Financial derivatives provide a powerful tool for limiting risks that individuals and organizations face in the ordinary conduct of their businesses. It requires a thorough understanding of the basic principles that regulate the pricing of financial derivatives. Effective use of derivatives can save cost, and it can increase returns for the organisations. 2. Efficiency in trading: Financial derivatives allow for free trading of risk components and that leads to improving market efficiency. Traders can use a position in one or more financial derivatives as a substitute for a position in the underlying instruments. In many instances, traders find financial derivatives to be a more attractive instrument than the underlying security. This is mainly because of the greater amount of liquidity in the market offered by derivatives as well as the lower transaction costs associated with trading a financial derivative as compared to the costs of trading the underlying instrument in cash market. 3. Speculation: This is not the only use, and probably not the most important use, of financial derivatives. Financial derivatives are considered to be risky. If not used properly, these can leads to financial destruction in an organisation like what happened in Barings Plc. However, these instruments act as a powerful instrument for knowledgeable traders to expose themselves to calculated and well understood risks in search of a reward, that is, profit. 4. Price discover: Another important application of derivatives is the price discovery which means revealing information about future cash market prices through the futures market. Derivatives markets provide a mechanism by which diverse and scattered opinions of future are collected into one readily discernible number which provides a consensus of knowledgeable thinking. MOTIVATION FOR THE STUDY In the last decade, many emerging and transition economies have started introducing derivative contracts. Policy makers and regulators in these markets are concerned about the impact of futures on the underlying cash market. One of the reasons for this concern is the belief that futures trading attract speculators who then destabilize spot prices. Since futures encourage speculation, the debate on the impact of speculators intensified when futures contracts were first introduced for trading, beginning with commodity futures and moving on to financial futures. Before further regulations are introduced, it is essential to determine whether in fact there is a causal link between the introduction of futures and spot market volatility. It, therefore becomes imperative that we seek answers to questions like: What is the impact of derivatives upon market efficiency and liquidity of the underlying cash market? To what extent do derivatives destabilize the financial system, and how should these risks be addressed? Can the results from studies of developed markets be extended to emerging markets? Capital Market and Derivative segment in Indian Stock Market: Today Indian stock market is very sound in terms of participants from all sections, huge turnover and number of listed companies. Cash segment and derivative segment both have grown with each other. NSE and BSE are the major exchanges. Over the years Indian stock market has modernized with the use of high modern Information and Communication technology. Derivative instruments have become part and parcel of business world. Today, derivative instruments are used in all markets such as foreign exchange, shares, commodities etc. New, sophisticated, complex and exotic tools are being developed in different markets. The innovative derivative instruments have been developed in such a manner that these are used even by a common man. Although derivatives have been in existence for long in past in one or another form but present day sophisticated, standardized derivative products. Growth of Derivatives Market in India: Equity derivatives market in India has registered an â€Å"explosive growth† and is expected to continue the same in the years to come. Introduced in 2000, financial derivatives market in India has shown a remarkable growth both in terms of volumes and numbers of traded contracts. NSE alone accounts for 99 percent of the derivatives trading in Indian markets. The introduction of derivatives has been well received by stock market players. Trading in derivatives gained popularity soon after its introduction. In due course, the turnover of the NSE derivatives market exceeded the turnover of the NSE cash market. For example, in 2008, the value of the NSE derivatives markets was Rs. 130, 90,477. 75 Cr. whereas the value of the NSE cash markets was only Rs. 3,551,038 Cr. Table 1 : Turnover of Cash segment in India Year| Turnover at BSE| Turnover at NSE| Total Turnover| 1992-93| 45696| -| 45696| 993-94| 84536| -| 84536| 1994-95| 67749| 1805| 69554| 1995-96| 50064| 67287| 117351| 1996-97| 124190| 295403| 419593| 1997-98| 207113| 370193| 577306| 1998-99| 310750| 414474| 725224| 1999-00| 686428| 839052| 1525840| 2000-01| 1000032| 1339510| 2339542| 2001-02| 307292| 513167| 820459| 2002-03| 314073| 617989| 932062| 2003-04| 503053| 1099534| 1602587| 2004-05| 518715| 114007 2| 1658787| 2005-06| 816074| 1569558| 2385632| 2006-07| 956185| 1945287| 2901472| 2007-08| 1578857| 3551038| 5129895| 2008-09| 1100074| 2752023| 3852097| 2009-10| 1136513| 2805878| 3942391|