Thursday, November 28, 2019
Why Study History Essay Example For Students
Why Study History Essay History: Discipline, Foundation, Mold, and ComfortThe Primary Reason for Studying History: It Civilizes Us. Inherent in the definition of history as a discipline is the thought that history is a disciplining agent on human behavior. The purpose of discipline is organization, particularly self-organization, and it is only through the lens of history that we can see clearly how to organize ourselves as civilized beings. This organization is reflected by national and sub national groupings, religious, legal, and business codes, and our relations with others (both interpersonal and international), among others. Where history has recorded the associations and dissolutions among the peoples of the earth, in addition to their discoveries, from fire to the internet, from the wheel to the rocket, these recordings have helped organize and guide humans through the incredible past several thousand years of our development. We will write a custom essay on Why Study History specifically for you for only $16.38 $13.9/page Order now Additional Reasons to Study History: Understanding and Improving Ourselves and Our World There are of course other compelling reasons to study history, as enumerated by Peter Stearns. The first, and arguably most important, according to Stearns is that history provides a basis for understanding, and ideally, living peacefully, among different peoples, although it is true that this knowledge is also used to wage wars. Through his argument on the historical study of alcoholism, Stearns also implies that it helps increase our understanding of social phenomena within our own society. The joy of studying history for its own sake is another reason Stearns touches on, which is arguably true of all disciplines. History is a tool, as well, for developing ourselves, as citizens, workers, critical thinkers, and moral beings according to Stearns. And while Stearns does not state it explicitly, the sum of his reasoning suggests the conclusion that George Santayana reached over a century ago, Thos e who cannot remember the past are condemned to repeat it. A Final Reason to Study History: ComfortFinally, in addition to the use of history as a discipline, and for the many purposes Stearns suggests, there is another essential quality of history which serves a less practical but elemental purpose. History is comforting. History grounds us in uncertain times, times of rapid change and upheaval. The worried take comfort in the warm cloak of the past; the disparaged call on history to avenge them. Regardless of how much or little an individual knows of this discipline, each morsel of knowledge sustains us with the realization that as bad as things are, they have likely been as bad or worse in the past. History, really, has endless purposes, some concrete and foundational, some less so, but regardless of our purpose for studying history, it is always rewarding. ReferencesStearns, Peter. (1998). ? American Historical Association. Retrieved January 14, 2009 from http://www.historians.org/pubs/free/WhyStudyHistory.htmSantayana, George. (1905). The critical edition of the works of George Santayana. Retrieved January 14, 2009 from http://www.iupui.edu/~santedit/ gsantayanaquotes.html
Sunday, November 24, 2019
How Big Banks Can Attract Small Retail Customers
How Big Banks Can Attract Small Retail Customers Situation Analysis Bank customers act as both suppliers and consumers to the banks. The customers supply the bank with money, which is the raw material for financial institutions. On the other hand, customers act as consumers by being the buyers of various products of the financial institutions.Advertising We will write a custom essay sample on How Big Banks Can Attract Small Retail Customers specifically for you for only $16.05 $11/page Learn More Therefore, it is vital for a bank to have customers who would be able to supply it with large amounts of money and consume huge quantities of the bankââ¬â¢s products (Wright, Watkins and Ennew 65). Big banks prefer to attract corporate customers. The high value of the transactions of corporate customers reaps huge financial benefits to the banks. On the other hand, small retail customers undertake small value transactions. However, the profit margins of financial transactions of small customers are usually high er than the profit margins of transactions of corporate customers. Increased competition in the retail banking market segment threatens to reduce the profit margin in this market segment (Quiry et al 264) However, big banks have enough financial resource to cope with the stiff competition in the market segment. Problem Analysis There is a steady increase in the amount of small retail customers that banks serve. This market segment offers a suitable growth opportunity for banks. The retail banking segment is the most profitable segment. Small retail customers require many banking services. Some of the services include payroll management and investment products. Therefore, it is vital for banks to formulate strategies that would help in attracting small retail customers. Big banks have generally been unsuccessful in attracting and retaining small retail customers. One of the major factors that lead to poor retention of small retail customers is the inability to offer high quality serv ices to small retail customers. Big banks do not usually solve the problems of the small retail customers quickly and courteously. In addition, big banks charge high fees, which are prohibitive to small retail customers (Rezaee 88). Big banks do not usually have products that fulfill the needs of the small retail customers. This is due to the wide variety of products that small retail customers need. In addition, small customers account for a small percentage of the revenue of big banks. Therefore, big banks do not prioritize the interests of the small retail customers. Mismatch of products makes small retail customers look for banking services in other financial institutions. The location of big banks is also one of the major factors that restrict big bankââ¬â¢s ability to attract small retail customers.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Big banks are usually loc ated in upmarket areas, which are far from the location of the business establishments of small retail customers. This makes it difficult for small retail customers to access the services of big banks easily. Therefore, small retail csuromers seek financial services from financial institutions that are in their vicinity. Solution Analysis There is no single approach that would enable banks attract and retain small retail customers. For banks that wish to attract small retail customers, it is vital for the banks to understand the dynamics of their relationship with small retail customers. Banks should understand the major factors that drive the profitability of the small retail customers. In addition, banks should understand the cross-selling opportunities that exist in this market segment. Cross selling would enable banks improve their profitability in this market segment significantly (Wright, Watkins and Ennew 154). One of the major strategies that banks may use to attract and ret ain small retail customers is investing in innovative products. The innovative products should be responsive to the needs of the small retail customers. In addition, banks should formulate a strategy that would be responsive to the needs of the small retail customers. Big banks should not just offer personalized products to customers; they should strive to realize the full value of their relationship with the small retail customers. Therefore, banks should offer services and pricing structures that appreciate the relationship that the bank has with the small retail customers. Implementation Analysis Big banks should ensure that they implement a strategy that would help to attract and retain small retail customers. However, the strategy should not contravene the major policies of the bank. Therefore, it is unlikely for big banks to move from their upmarket locations in order to attract small retail customers. This is because the movement from upmarket locations may alter the image of the bank. This may be detrimental to the bank. However, the big banks can introduce innovative mobile and internet banking solutions that would help in attracting and retaining small retail customers. In addition, big banks should offer a wide variety of products that would fulfill the banking needs of small retail customers.Advertising We will write a custom essay sample on How Big Banks Can Attract Small Retail Customers specifically for you for only $16.05 $11/page Learn More It is vital for banks to ensure that they introduce the measures that attract small retail customers systematically. Introducing drastic measures would be detrimental to image of the bank. This may trigger the exit of existing corporate customers. Big banks that attract and retain small retail customers while retaining their existing corporate customers guarantee their future financial prosperity. Quiry, Pascal, Yann Le Fur, Antonio Salvi, Maurizio Dallochio and Pierre Vernimmen. Corporate finance: Theory and practice. Hoboken, NJ: John Wiley Sons, 2006. Print. Rezaee, Zabihollah. Financial institutions, valuations, mergers, and acquisitions: The fair value approach. Hoboken, NJ: John Wiley Sons, 2001. Print. Wright, Mike, Trevor Watkins and Christine Ennew. Marketing financial services. London: Routledge, 2012. Print.
Thursday, November 21, 2019
Ineffective Communication in the Business at Elite Fashion House Case Study
Ineffective Communication in the Business at Elite Fashion House - Case Study Example The questionnaire is randomly given to every fifth person off an alphabetical list including both internal and external communicators. After getting the feedback a data is prepared to highlight the different reasons that are causing ineffective communication. It turned out that in internal communication 60% role is played by language and 45% is played by the relationship in making the communication ineffective. While in external communication the causes of unsuccessful conversation are prejudgment 65% and body language 40%. It is recommended that either a series of lectures should be arranged to educate the workers about the importance of effective communication and to teach them how they can develop this skill or to hire a coordinator who will supervise all the problems generating from ineffective communication. Elite Fashion House is a small stitching unit established in 1988. It prepares branded items for the ladies and runs its own showroom. It is doing good business and growing gradually but for the past few years, there is a slow decrease in revenue. The different departments are blaming each other in this context. The initial investigation points out that the roots cause of all the problems is misunderstanding and lack of effective communication. Although this is a chronic problem and the history of communication is never praiseworthy in the past at Elite Fashion House but now the problem is coming to the surface because of the expansion in the business. In Elite Fashion House two types of communication are in vogue, internal communication, and external communication.
Wednesday, November 20, 2019
Respond to professor-parenting Article Example | Topics and Well Written Essays - 250 words
Respond to professor-parenting - Article Example Therefore, they are more dependent on their parents. This leads to limited personal growth. Therefore, overreliance on parental care and attention can render children incapable of growth (Aulette, 2010). Single parent-headed households are increasing rapidly. Children from single parent families are more independent compared to those from two-parent families. Single mothers for instance, are more likely to be poor. The children mature early and seek ways of earning income due to the many financial needs in their households (Aulette, 2010). Most single parents rarely spend time with their children. The parents worry more about work and other activities that bring in income. The children learn to be responsible in the absence of their parent. Therefore, the children will mature faster psychologically than children from two parent families. On the other hand, this could be a problem since some of them could engage themselves in drug addiction and crime (Aulette,
Monday, November 18, 2019
Comprehensive Australian Programme of Law Reform Essay
Comprehensive Australian Programme of Law Reform - Essay Example This move has been geared towards ensuring that the scope of potential liability is narrowed, for example through the limiting of personal liability borne by medical practitioners who give assistance to those people at a higher risk of injury or who need emergency medical help; and reducing the damages that may be awarded in such cases so as to confine the exposure of underwriters so that they could be able to give better and more affordable cover to those who need it. One important element to point out at this stage is the fact that most of these reforms actually did contrast with the recommendations put forward by the IPP Committee Report, which was in favour of national and uniform law response to the jurisdiction crisis on cases of liability, negligence and award of damages (Ellison, 2005). Indeed various governments that have come up since 2002 have tried to enact and implement law reforms that addressed liability, negligence, and damages. ... 2.0 The law reforms 2.1 Establishing liability The liability laws take into consideration the common law and statutes of federal and states governments. In these provisions, a person who is injured or has suffered a loss or otherwise incurred damage may institute an action aimed at compensation on the basis of the tort of common law of negligence that is based on fault; breach of contract; and breach of the provisions stipulated in the Australian Consumer Law that was effected in 2011 that replaced provisions of the Federal Trade Practices Act 1974 relating to product liability and safety of produce. In establishing the liability of a person in tort, the issue of foreseeability comes into play. A person has a duty of care to another person as per the law of tort. The defendant had a case to answer if he was in a position to see in advance reasonably, that the injured person would suffer loss or was at risk of doing so but the defendant failed to take necessary preventive action (Aust ralian Government Treasury; 2002; 2004; Harlow, 2005). This component of contributory negligence is comprised of two components namely the foreseeability of risk relating to harm and a calculation of the level of negligence also called the ââ¬Ënegligence calculusââ¬â¢. Based on the above provisions, a person is free from liability for failing to take precautions if the risk in question is unforeseeable and can be established as being so. To know whether a risk is foreseeable or not, it is provided that such a risk should not be so probable to an extent that any reasonable person or someone in his or her common senses would ignore it (Trowbridge & Deloitte, 2002). Having already established the aspect of
Friday, November 15, 2019
Key Standards in Healthcare Informatics
Key Standards in Healthcare Informatics Sion Davoudi In healthcare, interoperability is the ability of different information technology systems and software applications to communicate, exchange data, and use the information that has been exchanged (What is Interoperability?, 2017). This necessary communication between systems can be achieved if consistent standards are used, and both syntactic and semantic meaning of information are defined in clear terms. When standards are consistent and implementable, they not only reduce the risks and timelines of health technologies, but also drive down costs significantly. According to Bender and Satripi (2013), the economic cost benefit of interoperability of healthcare information systems in the USA alone has been estimated at $77.8B (Bender Satripi, 2013). One relatively new standard that has been established seeks to solve these risks and realize these cost saving potentials. FHIR (Fast Healthcare Interoperability Resources) is a next generation framework created by the Health Level Seven International (HL7) organization. It combines the best features of HL7s v2 and v3 product lines while leveraging the latest web standards (Introducing HL7 FHIR, 2017). Although it closely resembles its predecessors, FHIR comes as a huge departure from previous messaging standards such as HL7 v2 and v3. FHIR was developed through an incremental and iterative approach, which allows it to reflect the contemporary standards of medical practice. The development process ensured that FHIR could adequately handle complex systems, with excellent usability that made it fit for use in the current healthcare contexts. Additionally, the system extensively uses open internet sources, making it both cheap and highly adaptable. HL7 v2 on the other hand, was not scalable and did not support jurisdictional information systems (Bender Satripi, 2013). Furthermore, it did not provide any support for any global enterprise identifiers, which made interoperability extremely difficult. The next iteration, HL7 v3 introduced the HL7 Development Framework, and used the Reference Information Model. Although it was considered an improvement over its older counterpart, the stan dard was not directly implementable and required substantial effort to generate executable software systems (Bender Satripi, 2013). FHIR supports both XML and JSON for data representation and sharing. According to the World Wide Web Consortium (W3C), XML is a set of rules, guidelines, and conventions for designing text formats for data, in a way that produces files that are easy to generate and read, that are unambiguous, and that avoid common pitfalls, such as lack of extensibility, and platform-dependency (XML in 10 points, 2017). In essence, XML is used when data is required to be share from one system to another. An example of XML code used for identification and definition of a medication is illustrated in Appendix A. Furthermore, for simplification, Appendix B illustrates how text input Hello HINF 6355! would appear in XML. FHIR in general is suitable for many times of data and contexts including mobile phone apps, cloud communications, EHR-based data sharing, and more (Introducing HL7 FHIR, 2017). While FHIR shows great promise to become a widely implemented standard, there are some criticisms of FHIR. Since FHIR creates a resource oriented environment, the implementation of its basic systems is relatively simple. However, constructing collections and interoperability relationships using base resources comes with very little guidance. The standards also use the base CRUD operations, but beyond that, there is little support for dynamic behavior (Bender Satripi, 2013). This may become a huge problem area to ensure interoperability, which is its primary task. Limitations aside, FHIR is gaining momentum and can become a widely implemented standard in coming years. Appendix A Appendix B References Bender, D., Sartipi, K. (2013, June). HL7 FHIR: An Agile and RESTful approach to healthcare information exchange. In Proceedings of the 26th IEEE International Symposium on Computer-Based Medical Systems (pp. 326-331). IEEE. Introducing HL7 FHIR. (2017). HL7.org. Retrieved 13 January 2017, from https://www.hl7.org/fhir/summary.html What is Interoperability?. (2017). HIMSS. Retrieved 13 January 2017, from http://www.himss.org/library/interoperability-standards/what-is-interoperability XML in 10 points. (2017). W3.org. Retrieved 13 January 2017, from https://www.w3.org/XML/1999/XML-in-10-points-19990327
Wednesday, November 13, 2019
The History of Thanksgiving :: essays research papers
THANKSGIVING à à à à à The purpose of Thanksgiving in Canada is different from the Americans. But even though the reasons for giving thanks are different, many of the customs are the same. Canadian Thanksgiving was originally started to give thanks to God for a bountiful harvest. This was when there were lots of farmers that grew crops. Now we give thanks for everything we appreciate. Some farming families still give thanks for a good crop. Harvest celebrations have been around a long time. Ever since the very first harvest, about 2000 years ago, people have given thanks for a prosperous bounty. The first formal Thanksgiving was in the year 1578. A man named Martin Frobisher had given thanks for surviving his journey from England. He also gave thanks for a place that is now called Newfoundland. à à à à à The celebration at Thanksgiving was also brought to Nova Scotia when Americans began to settle there. At the same time French settlers were arriving and were also having feasts of thanks. In 1879, Canadian parliament declared November 6th a day of Thanksgiving and a national holiday. The date of Thanksgiving has changed several times until January 31st, 1957, when parliament proclaimed that ââ¬Å"the second Monday in October be a day of general Thanksgiving to the ââ¬ËAlmighty Godââ¬â¢ for the bountiful harvest with which Canada has been blessed. A big part of Thanksgiving is a Thanksgiving feast. The feast usually consists of potatoes, corn, sweet potatoes, peas, gravy, stuffing, salads, buns and lots of other great food. The main part of the feast is usually the turkey. Other families might have ham, roast beef, duck or chicken. The dessert that is most likely to follow the feast is pumpkin pie. Other people may choose different desserts and food depending on their customs and beliefs for which they choose to give thanks. Letââ¬â¢s not forget the biggest and most important reason for this holiday ââ¬â giving THANKS! People usually give thanks for everything they have. Their jobs, health, families or just being alive are just a few of the things that people give thanks for. Thanksgiving is a time when people can create their own customs and traditions because everyone is thankful for different things. The cornucopia has become a traditional symbol of this holiday because it is commonly shown filled with grain, vegetables and fruit, the staple food that settlers would give thanks for.à à à à à During Thanksgiving, my family spends time together and we have fun.
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