Thursday, November 28, 2019
Dhl Logistics Essay Example
Dhl Logistics Essay DHL Logbook in cooperation with Technical University Darmstadt Historical development of logistics The great logistics success story Logistics has been playing a fundamental role in global development for almost 5,000 years now. Since the construction of the pyramids in ancient Egypt, logistics has made remarkable strides. Time and again, brilliant logistics solutions have formed the basis for the transition to a new historical and economic era. Examples of this fundamental progress include the invention of the sea-cargo container and the creation of novel service systems during the 20th century. Both are integral parts of globalization today. Around 2700 B. C. : Material handling technology in pyramid construction. Blocks of stone weighing several tons were transported and assembled at the construction site. To build the Great Pyramid of Giza, which is 146 meters high and weighs 6 million tons, the Egyptians needed sophisticated material transport equipment capable of moving the massive building blocks and putting them into place. Even today, we still cannot fully explain how this level of precision was achieved using the hoisting equipment and means of transport available around 2700 B. C [1]. 1/7 DHL Logbook in cooperation with Technical University Darmstadt Around 300 B. C. : Revolutionary Greek rowing vessels ââ¬â the new foundation of intercontinental trade. The revolutionary invention of rowing vessels created the basis for rapid travel across the high seas. This invention formed the foundation for the creation of enormous logistics supply systems required by mobile army camps. Using these logistics capacities, Alexander the Great undertook campaigns with his troops, their families and their weapons of war that extended all the way to India [1]. We will write a custom essay sample on Dhl Logistics specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Dhl Logistics specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Dhl Logistics specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Around A. D. 700: Procurement logistics in the construction of the Mezquita Mosque ââ¬â pillars came to Spain from all parts of the Islamic empire. Construction of the famous Mezquita Mosque in Cordoba, Spain, began in 756 under the Caliph of Cordoba in the Umayyad dynasty. It is considered to be the largest mosque in Europe. Extraordinary procurement logistics was required to transport the pillars of the mosque from all parts of the Islamic empire [1]. 2/7 DHL Logbook in cooperation with Technical University Darmstadt Around 1200: The international network known as the Hanseatic League ââ¬â cooperation for transport bundling and international sea transport. In 1188, the city of Hamburg, Germany, was founded as a base on the North Sea for the Hanseatic League to make travel on the sea more secure and to represent business interests abroad. Up to 200,000 fur pelts were transported by a single Hanseatic cog ship. Hanseatic trade extended from the Black Sea to Reval. From a modern-day vantage point, the leagueââ¬â¢s cross-border trade bears strong similarities to the European Union [1]. Around 1500: Progressive postal service in Europe ââ¬â the first time-definite mail shipping service. Under an agreement with Philipp of Burgundy, Franz von Taxis organized the first postal service with strictly defined transit times. Letters were delivered to places such as Paris, Ghent, Spain and the imperial court of Vienna. In view of the infrastructure of the times and the political fragmentation created by the array of small principalities, the mail reached its destination with very little delay [1]. 3/7 DHL Logbook in cooperation with Technical University Darmstadt Around 1800: Discovery of new road conveyances and the railroad ââ¬â expansion of logistics tasks through new technologies and means of transport. The practical use of the steam engine, the invention of vehicles, railroads and ships as well as the discovery of crude oil ushered in a new economic era that generated new missions, tools and opportunities for logistics [1]. Around 1940: Military logistics during the world wars ââ¬â transfer of military logistics concepts to the business world. During World War I, military logistics was the vital link in the network that supplied troops with rations, weapons and equipment. With the onset of World War II, logistics was further refined. As a result, logistics gained an important place in the business world as well. 4/7 DHL Logbook in cooperation with Technical University Darmstadt 1956: Invention of the sea container ââ¬â structural evolution of world trade and the boom of international flows of goods. The invention of the sea container by the American Malcom P. McLean changed production conditions for nearly all industries around the world and, as a result, altered peopleââ¬â¢s consumption habits. Even today, the sea container continues to ensure that harbors gain major contracts, new countries and regions experience commercial booms, markets arise and products from all parts of the world can be bought and sold at reasonable prices. In this way, the container has significantly contributed to globalization. Around 1970 ââ¬â 1980: Kanban and just-in-time ââ¬â logistics concepts with a special emphasis on procurement. The Kanban and just-in-time (JIT) concepts were developed and introduced at Japanââ¬â¢s Toyota Motor Co. by Taiichi Ohno ââ¬â with the objective of effectively linking logistics to other operational functions. Special emphasis was placed on procurement. 5/7 DHL Logbook in cooperation with Technical University Darmstadt Around 1990: QR and ECR technologies ââ¬â logistics concepts with a special emphasis on distribution. The quick response and efficient consumer response (ECR) technologies were developed during the 1990s and applied by many retail and wholesale companies. These technologies had a major impact on logistics. As a result of this technology, distribution centers are tasked with moving goods instead of storing them. This allows companies to accelerate reaction times to market developments and to set up efficient goods-supply systems. Today: Supply chain management ââ¬â a look at the entire logistics chain from the vendorââ¬â¢s supplier to the end customer. Supply chain management is a term that has grown enormously in use and significance since the late 1980s. Today, supply chain management is viewed as a holistic consideration of key business processes that extend from the vendorââ¬â¢s supplier to the end user. Accordingly, supply chain management is an extremely interactive, complex system requiring simultaneous monitoring of many conflicting objectives. 6/7 DHL Logbook in cooperation with Technical University Darmstadt Today: Advancing globalization ââ¬â efficient logistics as a competitive edge in the era of globalization. Global competition began to arise and spread in the 1970s and accelerated in the 1990s. Globalization is still moving forward today. Efficient logistics creates a crucial competitive edge for companies that are expanding in global markets. Successful logistics efforts in international supply chains can fuel the development of global markets. From pyramid construction to the supply chain Recommended reading Logistik Stories | Gopfert / Froschmayer 2005 Strategic Logistics Management | Stock / Lambert 2001 References [1] Episoden des Logistik-Managements in Antike und Mittelalter | Dulfer 2005. In: Logistik Stories | Gopfert / Froschmayer (Hrsg. ) Related articles Trends in the economy as drivers of logistics development URL http://www. dhldiscoverlogistics. com/cms/en/course/origin/historical_development. jsp 7/7
Sunday, November 24, 2019
Bringing Visibility Into Marketing With Dree Ziegler From Fulton Fish Market
Bringing Visibility Into Marketing With Dree Ziegler From Fulton Fish Market Unexpected projects derail your marketing process or work management. It happens. How do you prepare or respond to such stress? Do you find a way to complete your work and meet deadlines? Marketing teams are always expected to do more with less.à Todayââ¬â¢s guest is Dree Ziegler, director of digital marketing at Fulton Fish Market. Every marketer has similar tactics, but theyââ¬â¢re all talking to different audiences and pitching different services and products. Dree brings a fresh perspective and describes how she created a process using to stay organized and constantly communicate.à Not a Can of Corn: Fulton Fish Market in New York City follows the same way of doing things since the beginning of time Nothinââ¬â¢ Fishy about Dreeââ¬â¢s Marketing Experience: Digital and eCommerce marketing and technology strategy that moved to merchant side of business Remote Headquarters: Dree manages a dispersed team of people in a number of places who are in contact with all the people in the market on a daily basis Challenges: Dree understands importance of visibility across the team, staying organized, and constant communication Gone Fishinââ¬â¢: Fultonfishmarket.comââ¬â¢s goal is to bring that fresh seafood experience to people, wherever they may live Itââ¬â¢s not the same: Fresh fish from a grocery store is fish caught months ago, frozen, kept in a warehouse, trucked across country, thawed, and put on display Fulton Fish Market features about 40 vendors that bring fresh fish thatââ¬â¢s sent overnight and delivered to your doorstep Fulton Fish Marketââ¬â¢s Documenting Strategy for Marketing Plan:à Set high-level goals for team thatââ¬â¢s still growing Update Website to improve consumer experience Put baseline digital marketing tools in place to plan daily tasks Draft and create day-to-day marketing plan and content Fish-on-the-Fly Campaigns: Ordering and buying fish thatââ¬â¢s only good for so long; purchasing department buys whatââ¬â¢s fresh in the market and expected to sell Project Plan: Visual waterfall of tasks and whoââ¬â¢s doing what; monitor teamââ¬â¢s tasks, pickup slack, work collaboratively, and deliver whatââ¬â¢s promisedà Fulton Fish Marketââ¬â¢s next frontier is doing the things that people should be doing vs. automation and machine learning (ML) tools Marinating on Future of Digital Marketing: No experience needed, continue to learn, differentiate yourself, and stay hungry Links: Fulton Fish Market Fulton Fish Market (for restaurant owners) Fulton Fish Market (for retail consumers) Slack MailChimp Google Data Studio Magento eCommerce Platform Shopify The Marketing Management + Strategy Statistics You Need to Know in 2019 New Marketing Suite If you liked todayââ¬â¢s show, please subscribe on iTunes to The Actionable Content Marketing Podcast! The podcast is also available on SoundCloud, Stitcher, and Google Play. Quotes by Dree Ziegler: ââ¬Å"Our goal is to bring that experience to people wherever they may live. We want to deliver that freshly good experience to their doorstep quickly.â⬠ââ¬Å"Weââ¬â¢re taking fish that comes into the Fulton Fish Market. Youââ¬â¢re getting the freshest possible fish, and itââ¬â¢s delivered to your doorstep within overnight shipping.â⬠ââ¬Å"Weââ¬â¢re doing a combination of big initiatives that over arch the year, as well as small daily marketing tidbits that go out on our social media and through our emails.â⬠ââ¬Å"Weââ¬â¢ve automated a ton of things which allows us to work ahead and then when people disrupt the flowwere able to be more agile and supportive of what they need.ââ¬
Thursday, November 21, 2019
About a memorable experience Essay Example | Topics and Well Written Essays - 500 words
About a memorable experience - Essay Example These make me overlook the negative side of life, with all the bad experiences it presents. They always remind me that the bad experiences never last, and it is always a matter of time before I smile again. Among all the good experiences I have had, there is only one, which will remain embedded in my mind forever. This is one bittersweet, but memorable experience that has in many ways, influenced my life, especially the way I perceive the world today and the things therein. It all started as a joke, and little did I know that this could culminate into a life-changing experience. On this warm summer afternoon, I asked my friends for their opinions about what we would do for my birthday, as the normal house parties had become monotonous, and I wanted a different experience. ââ¬Å"How about this time round you be the one giving out gifts? Give gifts to people on your birthday!â⬠one of my friends suggested. ââ¬Å"That sounds great . . . but how?â⬠I wondered. ââ¬Å"The homeless!â⬠another friend quickly suggested. The six of us agreed to make it our project, and we started counting down days. Each person would start keeping stuff, which we would take as our gifts. Each one of us would also save little money to buy food and other stuff. With only one and a half months remaining to my birthday, everyone was committed to playing their role. When it was only two weeks remaining, we identified the homeless people we would visit and set everyt hing in order. Finally, it was the eve of my birthday. I invited my friends to our house so we could set all the stuff in order in preparation for the next day. Both my friendsââ¬â¢ parents and my parents were happy with our plan and offered us a little more money and stuff to add up. When morning came, we all were happy and anticipated for the unfolding of events in that day. My mum offered to drive us to the designated place. In an hourââ¬â¢s time, we arrived at our destination. We unpacked our luggage and went ahead to
Wednesday, November 20, 2019
Methods used to Analyze the Marketability of a Firm Essay
Methods used to Analyze the Marketability of a Firm - Essay Example Interviews, by mail and on-site, were conducted to determine the demographics and characteristics of the typical angler. Discovering the motives of paying anglers proved to be beneficial in the analysis (relationship). This analysis will assess needed requirements and how well they are suited to the company's capabilities. Organizations can use this data to choose ideas and products which match their technical support, leading to competitive advantages. This analysis will also help to determine whether in-house or external technical support is the most feasible. A number of methods can be used when conducting a technical analysis. Checklists, scoring tools, environmental scanning, and decision-making models (as used by the West Virginia Department of Forestry) are some of the most widely used methodologies. A company should not, however, make the technical analysis its main focus. The analysis may show the firm's marketability in a glowing light, but this opinion may not be equally shared by its customers. A case in point is RCA's introduction of their quadraphonic 8-track system in 1970. This product issued booming marketability for RCA; however, predictions for future technology were not illustrated on their then-technical analysis. Collection of market data on products and ideas are essential to determine marketability. ... This product issued booming marketability for RCA; however, predictions for future technology were not illustrated on their then-technical analysis. MARKETING ANALYSIS Collection of market data on products and ideas are essential to determine marketability. If a company isn't competent in marketing skills, it will not succeed. An example is the largely-populated country of China. They can offer numerous opportunities; however, it has been quite challenging for the Chinese to market their products in their own country. Marketing challenges must definitely be addressed. Each concept requires different marketing data and strategies. Very much like the technical analysis, checklists, scoring tools, and environmental scanning are effective tools. A decision-making resource, such as the Analytic Hierarchy Process (AHP) is also beneficial. Always keep in mind that a firm is never marketable without customers who are seeking your products or ideas. It's also crucial to analyze your target customer base and the demand and supply of your products. FINANCIAL ANALYSIS The primary goals of an organization are to produce a profit, increase sales and customers, and to show a return on their investment. To be marketable, a firm should set financial guidelines. To get an accurate financial analysis, much financial data is needed. Budget goals must be set and met. Benchmarks must also be laid down to agree with financial returns put in place. The most widely used financial analysis methodology is the Net Present Value method (NPV). This method associates the monetary benefits and expenditures against the products. The product's NPV is then weighed against the interest rates and the
Monday, November 18, 2019
Impact of Technology on Society Paper Research Example | Topics and Well Written Essays - 2500 words
Impact of Technology on Society - Research Paper Example At the present, the Internet is being used for a large number of reasons. Though, it has brought a large number of benefits and opportunities to this world however, there are also some risks and challenges associated with its usage. In addition, the benefits of the Internet cover up the associated challenges. The basic purpose of this research is to determine the impact of the Internet on society. This paper presents a detailed analysis of effects that have been posed by the Internet on society. This paper discusses advantages and ways people and organizations are currently making the use of the Internet. 2. Introduction Up till now, no other technology has received as quick recognition and acceptance as the Internet has received. Without a doubt, it has changed the entire world and turned this world into a global village where people are from all over the world are connected to each other. At the present, almost everyone uses the internet to carry out specific or ordinary tasks. In fact, the internet has turned out to be a significant part of the majority of peopleââ¬â¢s lives. ... This paper also discusses some of the negative effects that this technology can have on society. 3. An introduction of Internet The internet mostly acknowledged basically ââ¬Å"the Net,â⬠the Internet is a universal structure of computer networks-a network, in which users at any one computer can receive information from any other computer (as well as they can communicate straightforwardly with users at different computers in different locations). Nowadays, the Internet is a, supportive, public, self-financing facility available to hundreds of millions of users internationally. Actually, the Internet makes use of a part of the whole resources of the presently accessible public telecommunication networks. In principle, what differentiable the Internet its use of a collection of protocols known as TCP/IP (Turban, Leidner, McLean, & Wetherbe, 2005, p. 71). The appearance and growth of the Internet has made business markets more workable and competitive than ever before. With the In ternet, every organization (small, medium, and large) in the world is potentially a local competitor. At the present, all the business marketers understand that the Internet is a precious instrument or technology for extending reach to international markets and dealing customers in a superior way (Summers, Gardiner and Lamb 67). In addition, at the present the ways business organizations and people of a society carry out their tasks and survive in the twenty-first century are measured via the huge web of electronic networks that was referred to normally as the information thruway however at the present is generally acknowledged as the Internet (Turban, Leidner and McLean). The internet can be defined as a huge network of networks that connects the millions of businesses, government
Friday, November 15, 2019
An overview of atrial fibrillation
An overview of atrial fibrillation Section1: Atrial fibrillation (AF) is a condition when the heart does not beat to its normal speeds or rhythm, often it beats faster than it should. This irregularity leads to an increased risk of stroke and death. The pump function of the heart deteriorates as a result of the un-coordination (due to uncoordinated excitation of muscles). The net result of impaired pump action is the upper chambers of the heart contract randomly and at times too quick for the heart to relax before it can contract again effectively. At the junction of the pulmonary veins in the left atrial musculature, abnormal impulses fire which override the heart natural pace maker. There are 3 major classifications for AF: Paroxysmal AF- lasts from 30 seconds to 7days Persistent AF- longer the 7days Permanent AF- AF that fails to terminate using cardioversion, or is terminated but relapses within 24hours. If there are no obvious cause and all investigations are normal, this is known as lone AF. Lone AF tends to occur in Paroxysmal cases. Otherwise the most common causes are ischaemic heart disease hypertension mitral stenosis hyperthyroidism Other causes which arent as common are can be classified into 3 sub catagories; Cardiac: Rheumatic heart disease, Sick sinus syndrome, Pre-excitation syndromes (such as Wolff-Parkinson-White syndrome) and heart failure. Less commonly, congenital heart disease, atrial myxoma , atrial septal defect, pericardial disease, and cardiomyopathy. Non-cardiac: Drugs (e.g. bronchodilators/thyroxine), Electrolyte depletion infection, Pulmonary embolism, Lung cancer Diabetes. Lifestyle: Obesity, high caffeine or alcohol intake1. A fast pulse (often >140bpm) which may or may not be irregular is the most common symptom of AF however it is also accompanied by tiredness, breathlessness, dizziness, angina1, syncope, reduced exercise tolerance, or polyuria2. The decreased efficacy of the pumping of the heart may result in the reduction of blood pressure. AF is diagnosed by the use of an ECG and is characterised by the absence of consistent P waves and presence of fibrillation. The method of management of suffers of AF has two main strategies, either by the control the arrhythmia aspect of the condition or by the tachycardia side of the condition. Rhythm controlling drugs include flecainide (and other similar drugs), beta-blockers (particularly sotalol), and amiodarone. Rate controlling drugs such as beta-blockers bisoprolol atenolol or the calcium channel blockers verapamil ordiltiazem. Thrombolytic and antiplatelet drugs are also used to manage the thromboembolic risk. There are non pharmacological ways to manage AF, the most common being cardioversion. Aspirin inhibits cycloxygenase from producing thromboxane A2 which is responsible for platelet activation and thus aggregation Diltiazem of use in AF for its affects on calcium channels on the heart. The blocking of calcium channels reduces excitability of cardiac muscle and hence decreasing fibrillations it also decreases the force of contraction Atenolol is a beta receptor blocker(a classII), it decreases the effects of the sympathetic drive to the heart, such that the neurotransmitters adrenaline and noradrenaline are competitively blocked. Thus the levels of cAMP decrease. cAMP mediates many events in the heart:decreases stability in resting potentials (phase 4) of nodal tissue(AVN conduction SAN firing). In nodal tissue(myocytes) a decrease in cAMP reduces Ca2+ entry thus action potentials take longer, it also causes repolarisation to longer i.e. increasing the refractory period Amiodarone has all four classes of activity (of Vaughan Williams system MAKE APPENDIX) however its main method of action is its class III mechanism. By the blocking potassium channels the potassium efflux in an action potential is blocked, thus action potentials duration is a prolonged refractory period (causing a region of unidirectional block remain refractory for longer effectively having a bi directional block)3 Verapamil a non selective calcium channel blocker (classIV), by reducing the Ca2+ into the cell through L-type channels in the nodal tissue (SAN AVN) depolarization takes longer as does the refractory period causing slower AVN conduction. Reduces tachycardic impulse from AVN to the ventricles and also AVN re-entrant rhythms. Phase 2 is limited in nodal tissue (myocytes and purkinje fibres) reduces triggered automaticity4. Warfarin inhibits the effective synthesis of biologically active forms of the vitamin K-dependent clotting factors: II, VII, IX and X, as well as some regulatory proteins. Flecainide a class1c sodium channel blocker.There is decreased diastolic excitability and Phase 0 (depolarization) takes longer as does the refractory period together causing slower conductions4. Propafenone is a class1c sodium channel blocker.There is decreased diastolic excitability and Phase 0 (depolarization) takes longer as does the refractory period together causing slower conductions4. Digoxin is a K+/Na+ ATPase inhibitor which leads to an increase in the intracellular concentration of sodium this stimulates of sodium-calcium exchange as a result there is an increase in the intracellular concentration of calcium causing stronger less frequent contractions. Cardioversion may be tried in some people with AF. The heart is given a controlled electric shock to try to restore a normal rhythm1. Catheter ablation is a procedure that very carefully destroysthe diseased area of your heart and interrupts abnormal electrical circuits. It is an option if medication has not been effective or tolerated1. A pacemaker may be fitted alternatively to drug treatment when it is not appropriate of failing1. Section 2: AF is the most common rhytm disorder of the heart with up to 500,000 sufferes in the UK1. In the UK over 46,000new cases of AF are diagnosed each year5. The incidences increase with age, with a higher incidence in men, when data is adjusted for age6. AF is uncommon in the young unless there is an existing heart disorder. At 50-59years of age, the prevalence is around 0.5%. At 80-89years of age, the prevalence is around 9%. Section 3: AF is a significantly increases the chance of stroke and emboli. The decision to use antithrombotic therapy involves a complex balancing of risks, benefits, and costs. The probabilities of stroke, bleeding complications, and death; the associated costs of all treatment options and outcomes; and the quality of life associated with treatment and disability. These have shown that warfarin therapy is generally cost-effective and often cost-saving. However, the economic value of antithrombotic therapy in terms of cost-effectiveness is most strongly influenced by 2 factors: stroke risk and perceived quality of life. The cost-effectiveness models indicate that warfarin can be cost-effective or, indeed, cost-saving for a wide variety of patients with AF, provided that it is prescribed appropriately based upon stroke risks7 In patients at high risk of stroke, anticoagulation is most cost effective, but not for those at low risk of stroke8. Aspirin 75mgx28 Ã £1.66, Aspirin 300mgx28 Ã £0.55, Warfarin 1mgx28 Ã £1.10, Warfarin 3mgx28 Ã £1.15, Warfarin 5mgx28 Ã £1.21, Atenolol 25mgx28 Ã £0.82, Diltiazem MR 60 mgx84 Ã £3.52, Diltiazem MR 60 mgx56 (or over 70yrs), verapamil 40mgx80 Ã £1.55. Section 4: Symptoms should be monitored; often AF has no symptoms, however you should look for the common presenting symptoms (stated in section 1). Tests: Heart Rate- Should be done when treating with rate lowering drugs Electrocardiography- every 12months blood electrolytes, urea and creatinine- 1-2 weeks after initiation, and 1-2 weeks after reaching the maintenance dose, then every 6 months. For Beta-blockers, digoxin, amiodarone Monitor blood pressure Liver function tests- every 6months for amiodarone Thyroid function test- when using amiodarone eye examinations- annual eye examinations. Plasma levels- for digoxin, shortly after initiation or after a dose increaee. 0.7and 2.0nanograms per millilitre Drugs to reduce the risk of thromboembolism (warfarin, aspirin and clopidogrel) The target INR for oral anti coagulants is 2-3 usually 2.5. Patients should be considered for warfarin use if risk is perceived to be medium or high according to nice (see appendix)9. It is important that INR be measured daily or alternate days at initiation of treatment. Then at longer intervals depending on dose response up to 12 weeks10. Note the importance of increased monitoring as drugs are added to the regimen, pre-adjustment to warfrin are sometimes necessary e.g. decreasing dose by one or two thirds before initiation of amiodarone1. Section 5: Although systematic reviews have shown that aspirin reduces the rate of stroke by 25%8 The Atrial Fibrillation, Aspirin Anticoagulation Study demonstrated a reduction of strokes by 64% per year with warfarin (INR 2.8-4.2), compared with placebo, a 3.5% per year reduction. A non-significant reduction in stroke was seen with aspirin 75mg8. Where warfarin is contraindicated or patient requests not to initiate therapy, it has been found that a combination of antiplatelets (aspirin and clopidogrel) was associated with a significant reduction in major vascular events compared with aspirin alone. The number of people that would need to be treated with aspirin plus clopidogrel for 3.6years to prevent one vascular event was 421. According to a meta-analysis the combination of both aspirin and warfrin yielded no significant reduction in stroke rates and had increased side effects8. No mortality difference was found between rhythm control and rate control. Although for people older than 65years of age or those with coronary artery disease, a significant difference was found in favour of rate control in terms of all-cause mortality. Studies showed significantly higher rates of hospitalisation and adverse events in the rhythm control group and no difference in quality of life between the two groupsa.Incidence of ischaemic stroke, bleeding and systemic embolism was similar in the two groups, but certain malignant dysrhythmias were significantly more likely to occur in the rhythm control groupa. No cognitive decline was seen with the use of rhythm controlling drugs. Quality of life scores were similar in both groups. Therefore it is recommended that rate control, is used as it is less costly11. IA, IC and III drugs are effective in maintaining sinus rhythm but increased adverse effects. Class IA drugs may increase mortality. Calcium antagonists versus digoxin Seven studies found no difference in average heart rate between calcium antagonists verapamil or diltiazem and digoxin either at rest or during periods of normal daily activity. Studies have found calcium antagonists resulted in a lower heart rate during exercise, compared with digoxin2. Beta-blockers versus digoxin Three studies found no difference in average heart rate between digoxin and beta blockers while at rest or during periods of normal daily activity. However, the beta blockers atenolol and labetalol controlled heart rate during exercise more effectively than digoxin did2. Beta-blockers versus calcium antagonists One crossover study found no difference between the calcium antagonist diltiazem and the beta-blocker atenolol in terms of either the mean heart rate over 24 hours or during exercise2. Beta-blockers with digoxin versus beta-blockers One crossover study found no statistically significant differences in heart rate during periods of exercise. Some studies found the beta-blocker atenolol used in combination with digoxin to be associated with a lower heart rate over 24 hours than atenolol alone2. Calcium antagonists with digoxin versus calcium antagonists Four crossover studies found that calcium antagonists diltiazem or verapamil used in combination with Digoxin to be more effective in controlling heart rate over 24 hours, as well as during periods of exercise, than either diltiazem or verapamil alone2. Section 6: Many people whom suffer from AF suffer no symptoms, some have been diagnosed incidentally1. It is in these patients that concordance is a particular issue. Education as to the risks and complications of the condition are necessary to achieve optimum concordance. It is important that patients are aware the side effects (SE) as well as the dosage regimen. Many of the dugs used in the management of AF have common and serious side effects which patients should be trained to spot. Interactions and side effects of note. Further information can be derived from the British National Formulary (BNF) and a comprehensive analysis available in the most current Stockleys drug interaction. Classes of drugs have been mentioned although this does not mean that the entire class will interact Amiodarone Interactions: Anti-arrhythmic (rate and rhythm modulating), Antibiotics, Anti coagulants, Tricyclic antidepressants, mizolastine, thyroid hormones, diuretics and phenytoin10. it is of note that due to its long half life amiodarone may still interact several months after treatment is stopped particularly relevant in the switching over of treatments. Amiodarone reduces the clearance of warfarin, prolonging prothrombin times (PTs) and elevating international normalized ratios (INRs). To avoid bleeding complications, the patient being put on amiodarone must have their current dosage of warfarin reduced by at least one-third and PT and INR closely monitored until they are stabilized15. Although routine eye examinations should occur to asses the ocular effects of amiodarone, if a patient experiences any visual impairment the treatment should be stopped10. Patients should be aware for the signs of thyroid dysfunction (signs and symptoms of which included in appendix 1) Warfarin interactions: Alcohol, amiodarone, propafenone, analgesics, antibiotics, antidepressants, antiepileptics, thyroid hormones, ulcer healing drugs, lipid regulating drugs, hormones, corticosteroids Warfarin levels are easily effected by changes in diet, major changes in diet should be done in consultation with healthcare professional, commonly eaten foods that are known to interact with warfarin are cranberry, grapefruit and vitamin K rich foods16. bleed or bruise easily. Also, if you bleed, the bleeding may not stop as quickly as normally. For example, you may have: bleeding gums; nosebleeds; prolonged bleeding from cuts; blood in the urine. Beta blocker interactions: Antiarrhythmics (rhythm and rate modulating), antibiotics, antidepressants, mizolastine, antipsychotics and diuretics. Beta blockers should be avoided in people with asthma, or with chronic obstructive pulmonary disease13, Beta-blockers should not be stopped suddenly unless absolutely necessary; there is a risk of rebound in the condition13. Doses are titrated for patients and are gradually increased10. Digoxin interactions: Antiarrhythmics (rate and rhythm modulating), diuretics, anti biotics and anti epileptics. Signs and symptoms of digoxin toxicity are important to report promptly. Digoxin toxicity may cause drowsy, dizzy, and affect your vision, disorientation, confusion, headach or disyurbed vision14. Flecainde interactions: Antiarrhythmics (rate and rhythm modulating), antidepressants, antihistamines, antipsychotics, diuretics and tolterodine Roughly 1% of the general population and 10% of asthma suffers are allergic to aspirin12. Each drug has the potential for interaction with other medication and even food. Self help advice In order to minimise the risk of stroke and heart attacks it is important for patient to receive practical advise on diet as this will impact on blood cholesterol levels, weight management and blood pressure it is of particular importance when the patient is diabetic. Important components in a healthy diet are low fat and salt intakes, with an emphasis on complex carbohydrates found in vegetables. Advice on the sources of esstential fatty acids should be given (for example nuts and oily fish). Smoking cessation counseling and Nicotine replacement therapy should be offered, discussing the statistical significance smoking alone contributes to the Cardio vascular events. Section 7: Pharmacists have contact at various stages along a patients treatment. A specialist PCT pharmacist may manage patients, prescribe, review and monitior. A community pharmacist should attempt medicine use reviews and prepare to make interventions on prescriptions when appropriate. Clinical pharmacists are involved in monitoring and providing guidance on protocols and current evidence. In the future there will be an increased scope for pharmacists to play a larger role when full patient records become available, full clinical reviews may be conducted taking into account the persons history (familial, drug, treatment, condition) and make appropriate interventions and recommendations according to the most current evidence. Section 8: In order for the condition and the services to run effectively is necessary to run audits regularly. This will ensure the national standards are met. Nice guideline audit criteria: All people presenting to primary or secondary care with a hypertension, heart failure, diabetes made or stroke and noted to have an irregular pulse to be offered an ECG and any new diagnosis of AF recorded2. All AF patients in whom a rate-control or rhythm-control strategy is initiated to have their involvement in choosing a treatment strategy recorded2. All patients who are prescribed digoxin as initial monotherapy for rate control to have the reason for this prescription recorded where it is not obvious (e.g. sedentary patient presence of contraindication to alternative agents)2. All patients should be assessed for risk of stroke/thromboembolism and given thromboprophylaxis according to the stroke risk and have this assessment and any antithrombotic therapy recorded2. It is important for pharmacists to keep uodate and maintaining a high levels of competenacy. Advice should be evidence based and current. There are regular updates produced by nice NICE and the Guidelines for atrial fibriliation are a good source of information. Section 9: the National Service Framework for coronary heart disease has a chapter pertains to AF. Arrhythmias are of great importance Cardiac arrhythmia affects more than 700,000 people in England and is consistently in the top ten reasons for hospital admission, using up significant AE time and bed days. AFis the most common arrhythmia, affects up to 1% of the population (rising to 4% in the over 65s) and absorbs almost 1% of the entire budget of the NHS to the NHS16. Of the three quality requirements there are two relevant in AF. Quality requirement one: patient support. People with arrhythmias receive timely and high-quality support and information, based on assessment of their needs16. Markers of good practice People with arrhythmias receive a formal assessment of their support needs and those at significantly increased risk of anxiety, depression or a poor quality of life receive appropriate care16. People with long-term conditions receive support in managing their illness from a named arrhythmia care co-ordinator16. Good quality, timely information about arrhythmic conditions is given by appropriately trained staff16. Quality requirement two: diagnosis and treatment. People presenting with arrhythmias, in both emergency and elective settings, receive timely assessment by an appropriate clinician to ensure accurate diagnosis and effective treatment and rehabilitation16. Markers of Good Practice Initial Treatment All patients receive a hard copy of the ECG documenting their arrhythmia and a copy is placed in their records. Patients who survive out-of-hospital cardiac arrest and patients presenting with pre-excited AF are assessed by a heart rhythm specialist prior to hospital discharge. The following patients are assessed urgently by a heart rhythm specialist: Patients with syncope or any other symptom(s) suggestive of an arrhythmia and a personal history of structural heart disease or a family history of premature sudden death Patients with recurrent syncope associated with palpitations Patients with syncope and pre-excitation Patients with documented 3rd degree AV block (not associated with acute MI) Patients with recurrent syncope in whom a life-threatening cause has not been excluded Patients with documented ventricular tachycardia The following patients are referred to a heart rhythm specialist: Patients with a presumed diagnosis of ventricular tachycardia Patients with Wolff-Parkinson-White (WPW) syndrome or asymptomatic pre-excitation Patients with symptomatic regular recurrent supraventricular tachycardia which is unsuccessfully treated with one type of medication or who would prefer not to take long-term medication Patients with recurrent atrial flutter Patients with symptomatic AF despite optimal medical therapy First degree relatives of victims of sudden cardiac death who died below the age of 40 years Patients with recurrent unexplained falls Markers of Good Practice Ongoing Treatment Mechanisms are in place for urgent referral of patients with sustained or compromising arrhythmias for prioritisation of appropriate treatment. Implantable cardioverter defibrillators (ICDs) are considered in patients presenting with life-threatening ventricular arrhythmias and in those without demonstrable arrhythmia but identified as being at high risk. Catheter ablation is considered as the treatment of choice in patients presenting with sustained supraventricular tachycardia (SVT) other than AF, and cardioversion of recent onset AF is considered as early as is clinically safe. Where further hospital treatment is not recommended, a care plan is agreed between the patient, GP and the arrhythmia care team, including follow up and support as required. Management of long term conditions and elderly also have a priority in the governments plans and frameworks for the future. Section 10: Emphasis should be on patient centered care, projects such as near patient testing for warfarin have proved to be effective at managing patients and their potential complications. Primary care workers such as GPs PCT pharmacist should screen at risk patients. They shall be involved in the management of there condition frequently monitor patients. If required a referral can be made on lifestyle issues to manage the risk of stroke, e.g. if lipids are elevated may want to refer to a dietitian. Community pharmacists have a role in conduction medicines use reviews and be prepared to make inventions in prescribing, regimen concordance and side effect management/referral. It is of utmost importance that the specialist (cardiologist) makes clear recommendation and maintains communications with their counterparts in primary care.
Wednesday, November 13, 2019
The Igbo People â⬠Origins and History :: Essays papers
The Igbo People ââ¬â Origins and History Igboland is the home of the Igbo people and it covers most of Southeast Nigeria. This area is divided by the Niger River into two unequal sections ââ¬â the eastern region (which is the largest) and the midwestern region. The river, however, has not acted as a barrier to cultural unity; rather it has provided an easy means of communication in an area where many settlements claim different origins. The Igbos are also surrounded on all sides by other tribes (the Bini, Warri, Ijaw, Ogoni, Igala, Tiv, Yako and Ibibio). The origins of the Igbo people has been the subject of much speculation, and it is only in the last fifty years that any real work has been carried out in this subject: ...like any group of people, they are anxious to discover their origin and reconstruct how they came to be how they are. ...their experiences under colonialsim and since Nigeriaââ¬â¢s Independence have emphasized for them the reality of their group identity which they want to anchor into authenticated history. (Afigbo, A.E.. ââ¬ËProlegomena to the study of the culture history of the Igbo-Speaking Peoples of Nigeriaââ¬â¢, Igbo Language and Culture, Oxford University Press, 1975. 28.) Analysis of the sources that are available (fragmentary oral traditions and correlation of cultural traits) have led to the belief that there exists a core area of Igboland, and that waves of immigrant communities from the north and west planted themselves on the border of this core area as early as the ninth century. This core area ââ¬â Owerri, Orlu and Okigwi ââ¬â forms a belt, and the people in this area have no tradition of coming from anywhere else. Migration from this area in the recent past tended to be in all directions, and in this way the Igbo culture gradually became homogenized. In addition to this pattern of migration from this core area, other people also entered the Igbo territory in about the fourteenth or fifteenth centuries. Many of these people still exhibit different characteristics from that of the traditional Igbos ââ¬â for example geographical marginality, the institution of kingship, a hierarchical title system and the amosu tradition (witchcraft). For some time some Igbo-speaking peoples claimed that they were not Igbo ââ¬â the word was used as a term of abuse for ââ¬Å"less culturedâ⬠neighbours. The word is now used in three senses, to describe Igbo territory, domestic speakers of the language and the language spoken by them.
Sunday, November 10, 2019
Snow Boarding Descriptive Essay
Alex Fulton Descriptive essay GSW 1110 ââ¬Å"The rushâ⬠As the clicking noise of the not so steady ski-lift chimes away, I hold on tightly, looking down at the people below. This being my first time doing anything in or around snow, I was very excited to be going snowboarding. While the ski-lift jerked back and forth my friend Corey enlightened me on the tips for staying alive while I went down the hill. I was trying to pay attention but I was just so eager to snowboard that his tips weren't registering in my head. We reached the top of the ski-lift and I hopped off only to then fall on my face into the cold, hard snow. I stood up and time seemed to stand still as I watched the snow slowly fall down to earth. I put my goggles back on my face, strapped my feet into my board's bindings and looked down the monstrous mountain. This was it and there was no turning back. My adrenaline was flowing through my body faster than a strike of lightening. I was terrified and amazed all at the same time. Going down the mountain felt like floating on air. With the fresh layer of white powder spreading everywhere it felt like I was traveling faster than a race car in the Daytona 500. Carving down the mountain it seemed like it was never going to end. Speed kept picking up and snow seemed to leap purposely on my goggles. The thought of falling or hitting a tree mortified my mind. With my face smothered in cold ice, I'm trying to clear my goggles without losing my balance. I haven't learned to stop or slow down on my snowboard yet, and I'm regretting it. While I am attempting to dodge the fellow skiers and snowboarders my speed has become so intense that I am afraid of the next possible actions I could take on this horrifically monstrous hill. 1 Losing balance, I know that I am eventually going to have to stop myself before I increase too much speed and put my health at risk. Taking a deep breath, I begin to make the biggest wipe-out that could happen in only 30 seconds. As I go to stop, I turn into a position so I land on my knees instead of my back. Thinking that this would be an easy, painless solution, I jam my knees into the hill and try to stop myself. Instead, I fall backwards onto my head, still plummeting down, but now in immense pain. After a few somersaults and excruciating positions I land into the soft snow bank on the side of the hill. I have officially stopped my hectic run. I laid there quietly on my back looking into the sky, watching the snow fall in slow motion as if someone was to watch dust slowly come to rest in rays of sunlight. Then it all hit me, the pain was flowing throughout my body. In the background I hear Corey frantically yelling my name. I was so focused on the pain throughout my body I couldn't even say a word to let him know I was ok. Corey called out for help, and the ski-patrol rushed to my aid. Little did I know my wrist had snapped on impact. The patrol rushed me down the mountain on a ski type stretcher. Again I was on my back falling in and out of conciousness. The sky seemed to get dimmer and dimmer as we approached the bottom of the mountain. Looking up at the ski-patrol I could tell in their eyes something bad had happened to me with my fall. Their eyes looked more nervous than my mind going down the mountain for the first time. The adrenaline I felt carving down the mountain was now being replaced by a lump in my throat. After what felt like years we reached the bottom of the mountain and the silence of the park was broken by the emitting sounds of an ambulance. I knew I was inside the emergency vehicle because I could feel the change in temperature. My frozen cheeks seemed to slowly thaw back to their original state and I could finally feel my feet again. Literally within minutes we arrived at the hospital. My worries weren't even focused on myself but on my board. All I wanted to know was where it was and if it was damaged. The paramedics assured me that my board was picked up by my friend Corey and was safe in his possession. 2 Still with every beat of my heart a jolt of pain was sent through my body straight to my left wrist. The pain was almost unbearable and seemed as if a hammer was beating down on my arm. I was instantly rushed into Emergency room where the doctors ordered x-ray and pain medication for me. After taking my medication I fell a drift into a light sleep. I dreamed that I was still carving down the mountain, as if nothing ever went wrong. I felt unstoppable as I was ripping through the snow on my board. It felt like no-one could match the skills I had on the mountain. Then I awoke. I was in front of a fire back at the resort. If it wasn't for my cast and emergency room bracelet I would have swore that everything that happened was all a dream. The heat emitting from the fireplace began to soothe my nerves and I began to unwind. As I sat there and watched from the lodge, I was already thinking of when I could get back out on the slopes. Though that was out of question for awhile, the thrill and urge of flying down the mountain almost made me want to get back on the board that day. Its funny how much I still love the sport after something this terrible happened. The adrenaline rush and high speeds going down the mountain is almost addicting to me. The way it feels to almost hover on top of the ground carving down a mountain is a unbeatable experience. I cant wait until the day comes that I can yet again feel myself flying down the mountain with the snow being burst everywhere like a snowy white volcano just erupted. This is what I live for. 3
Friday, November 8, 2019
Is International Trade a Zero Sum Game
Is International Trade a Zero Sum Game Introduction International trade has of recent increased rampantly due to free flow of information across the borders majorly enhanced by good communication. With the rapid development of technology, many businesses have been endowed with the power to interact with overseas producers and consumers of different type of goods and services.Advertising We will write a custom essay sample on Is International Trade a Zero Sum Game? specifically for you for only $16.05 $11/page Learn More Benefits of international trade International trade has a number of benefits. First, many countries get the chance to acquire what they do not produce and sell what they have in surplus. Some countries also get the opportunity to buy products at cheap prices as compared to the cost of manufacturing the goods domestically (Bhagwati, 2004). This trade has majorly been supported by relaxations of some tight policies imposed by most countries. The late inclination in the strength of c ommunication through tools such as email address among others ensures business partners get in touch with each other in time. Delays caused by letters as for the ancient period is a history and no longer hold any logic. International trade also gains some benefits through its extension to the financial market (Fingerand Schuknecht, 1999). Financial market involves buying and selling of foreign currencies due to several reasons such as anticipation of the future rise in the value of the currency. The market also comprises investment in foreign market securities such as bonds and shares. A deep insight in the international trade reveals that some members have benefitted while others get hurt. Often, research reveals that developing nations have able to gain in terms of technology. The discrepancy that exists between developing nations and developed nations is quite wide and only international trade that can act as solution. Most of the technologies applied in the industrial sector by developing nations are acquired from developed nations (Bhagwati, 2004). These technologies are fundamental in production efficiency. This efficiency is what leads to high quality products. Technology has also helped to solve the time issue during production processes. With the launching of computers in developing nations, supervision and management of many businesses have been made easier.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More On the other hand, developed nations are able to outsource cheap labor from developing nations. They additionally get the chance to dispose their surplus products. This has further enhanced their production capacity in their countries. Foreigners are also availed with the chance to invest in other countries economy. This has seen several multinational companies increase their level of profits. Disadvantages of international trade Recent confirmat ions have pointed out a number of setbacks concerning the international trade. Both developed and developing nations accused bodies that control international trade including World Bank, International Monetary Fund and World Trade Organizations for the exploitation by some countries. This has led to several debates of whether a nation gains or losses after participating in the international trade. Some countries such as the U.S.A. perceive international trade as weighing more on the negative than on the positive side. As much as it was able to sell its industrial goods to most countries, recently, many countries especially from Europe began to import cheap products from Asian countries such as Japan and China. With the help of cheap labor and latest technology, these Asian countries are able to produce cheaply. As a result, they give stiff competition to their U.S.A. counterparts. This consequently leads to the reduction of the U.S.A. exports to other nations. Noticeably, this autom atically reduces the U.S.A gross national income. On the contrary, the imports from other nations seem to be rapidly increasing. The strength of the U.S.A. dollar favors importation of goods and services especially from developing countries; but on the other hand, importation seems to be superseding exportation levels. Logically, the country would be making less money from exportation to enable easy of exports purchasing. Many will term it as ââ¬Å"many goods chasing few dollarsâ⬠. In short, there is no balance on the ongoing economical activities. Commonly, this is referred to as imbalance of trade. Such country might fail to meet its national budget outlay or forced to borrow loans from the international bodies such as World Bank and International Monetary Fund. This means the country will be operating in deficits. Restriction rules by the GATT and WTO What happens when the world is in the face of financial crisis? Will a nation gain or lose if it restricts itself to the rul es outlined in the World Trade Organization? This has been a major challenge for about 153 partners of the multilateral trade system across the world. Free trade advocates free trade across the member countries.Advertising We will write a custom essay sample on Is International Trade a Zero Sum Game? specifically for you for only $16.05 $11/page Learn More The member countries should operate within the limits of import duty taxes and tariffs levels laid down by the international bodies. However, do they keep to these promises? Anyway, most countries seem to deviate from these regulations. They resolve to protect their economy and this include their markets and industries thereon. In the case of financial crisis that took place in 30s, 70s and early 80s a country resolving to protection measures was not an issue to be addressed at international level unlike today. This was because international trade was not as free as it is today. Today, other members are k een to watch other countries actions during such economical hard times. International trade and economic crisis International trade has been the greatest contributing factor to the economic crisis that we recently experienced in the beginning of the year 2007. In the approach of this crisis, several companies that had some foreign subsidiaries went under. Enron and WorldCom had open business units in other countries such as the Power Plant in India. Indeed, operations of these subsidiaries are always dependent on politics that sometimes turns out to favor foreign companies (Fingerand Schuknecht, 1999). The fall of these huge companies, have impacts on other nations considering that their subsidiaries will fail to operate. This means losses of jobs and shares. For instance, the collapse of Lehman Brothers Incorporation had subsequent effect to whole the U.S.A. economy and the world in general. Other companies that had investment with Lehman were due to go under. It was only in the s upport of government in which congress passed a bailout package of 750 billion dollars that saw the economy stabilize to some extent. Otherwise, ripples of the economic crisis could have been stronger. Nevertheless, this was the strongest crisis ever since. The international trade volume contracted across all nations as most firms failed to operate. Protectionism measures The consequence of economic crisis is severe to individual countries. This is the time when economy is operating below the normal economic growth level. A country is faced with low GDP. This means the nation is under-producing given the economical resources available (Sachs Warner, 1995). A number of factors lead to this: first, the inflation rates are high and so the prices of commodities are somewhat high.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Therefore, industries are not able to produce many products to the consumers. Given that production costs are high and consumersââ¬â¢ income is constant, consumers will tend to buy less especially the so-called luxurious goods. As matter of fact, consumers are unable to save due to high cost of living. This forces financial institutions to lend at high interest rates and as a consequent, this pulls down the level of investments in the economy leading to the dragging of economical performance. In the midst of such problem, governments always seek new measures to intervene in the economy for its recovery. This may force the government to raise taxes for imports into the country with an aim of protecting domestic industries from the stiff competition of foreign companies. Raising taxes would make imports more expensive as compared to domestic products and therefore consumers will shy away from the foreign products. A country may sometimes put anti-dumping policies which will discour age import of cheap products from other economies. For instance, India had banned Chinese toys into its country for some period. Subsidies on the other hand, help industries to manufacture products at a lower operation cost than in the absent of subsidies such as loans. More so, the government will aim to apply labor-related measures to protect employment. The U.S.A. government was forced to reduce the stimulus taxes for the companies that had moved overseas with a view of maintaining jobs for its citizen. Some States will prefer to devalue their currency to encourage their export to other countries. Korean did it by allowing a depreciation of its currency by 19% against the USD. The Government might also come up with other measures such as quotas majorly on tariffs and export taxes among others. All these measures focus on protecting the economy from the harsh economic crisis. Protectionism measures and international trade agreements These measures of individualsââ¬â¢ economic p rotection are always against the agreement made at the international trade meetings (Sachs Warner, 1995). The G20 for instance had agreed on import taxes levels permissible for all the members. However, some member countries went against it in the year 2009 due to some negative implications resulting from such policies. As far as a country want to gain from the international trade, it also needs to protect its economy from the negative side of the international trade. Comparison of benefits and setbacks realized from participating in international trade The above discussions specifically points out advantages as well as disadvantages realized from participating in the international trade. This brings us to the topic of this piece of whether international trade is a zero sum game. Indeed, it is! This is because a country benefits on one side and loses on the other. A country gains in form of specialization. Any country would specialize in producing goods and services it can well. Thi s ensures it produces on large scale and therefore gains from the economies of scale such as low production costs. The nation is also assured of the market for its surplus. Nevertheless, this country is able to buy products it does not produce domestically from foreign countries at lower price than it would if locally manufactured. This advantage is mostly tagged as comparative advantage. Additionally, a nation is able to acquire imports from other countries at a low cost due to low taxes imposed by the foreign countries on the member states. It also avails a country with the variety of goods and services offered across the world (Bhagwati, 2004). Most importantly, developing nations are able to acquire technology from the industrialized countries. Conversely, international trade also suffers from a number of drawbacks. It is perceived to be unproductive especially during economic crisis. The free trade might harm ones economy. For instance, consider a country facing high production costs and at the same time, it is being dumped with cheap imports. Most probably itsââ¬â¢ domestic industries would collapse because of the failure to keep up with tough competition emanating from foreign competitors. This would mean loss of jobs and the general contraction of the economic growth. Other disadvantages include loss of oneââ¬â¢s culture through interaction of these nations during the trade. Conclusion Generally, international trade has both advantages and disadvantages that end up cancelling each other leading to almost zero benefit realization. Therefore, protectionism measures would not help, as other nations would take retaliatory measures. This might include high taxes on its exports among others. Moreover, having closed economy would be dangerous as country cannot be self sufficient in providing resources to its citizen. References Bhagwati, J. (2004). In Defense of globalization. New York, NY: Oxford University Press Fingerand, K. Schuknecht, L. (1999).Tr ade, finance and financial crisis, special studies 3. Geneva: World trade Organization Publisher. Sachs, J. Warner, A. (1995). Economic reforms and the process of global integration. Brooking Paper on Economic Activity, 2, 1-118.
Wednesday, November 6, 2019
11 Crucial Skills To Learn Before You Turn 25
11 Crucial Skills To Learn Before You Turn 25 Youââ¬â¢re 24 and freaking out. On the one hand, youââ¬â¢re still so young and most of your adult life is before you, pristine and for the taking. On the other, youââ¬â¢re nearly 25. Avoid the impending quarter life crisis by helping yourself prepare. It is possible to feel like an adult at 24, and set yourself up for great success in your life and career. Lay down this good foundation now- while you still have a chance. Here are 11 skills every 24-year-old should master on the start of a long career path.1. Sell YourselfEven if you arenââ¬â¢t working in sales and never want to! So much of business success boils down to sales of one kind or another. Remember that you will have to present yourself as an asset and hot commodity many times in your career; what is anything but another sales pitch? Once you realize where (and how often) sales come into play, you can work that to your advantage and start to really pull ahead of the pack.2. Expand Your HorizonsYour comfort zone is only going to hold you back- in life and work. Spread your wings a little into your personal danger zone. Eat something you would never think to try. Travel to a place you wouldnââ¬â¢t ordinarily choose for vacation. Get experience in a job or neighborhood that doesnââ¬â¢t match your upbringing. Broaden your horizons. Try new things. Start risky ventures. Take on a challenging project. This is the time for all this learning. Youââ¬â¢ll get a better perspective on the world, the people in it, and yourself.3. Get a Party TrickFigure out one thing that you are good at- or would like to be. And donââ¬â¢t just get good at it. Get really good at it. If itââ¬â¢s your job, so much the better. But if itââ¬â¢s a hobby, you never know; that could turn into a back-up plan someday.4. Make Networking MatterItââ¬â¢s not just a matter of how many contacts you have, but how many of those contacts would be willing to go to bat for you. Donââ¬â¢t just meet people, prove your value to them. That way youââ¬â¢ll have a network of advocates, not just a network of profile links on social media.5. Learn CodingEven if you donââ¬â¢t see yourself as a computer person. Coding has become as common as reading and writing as far as skills go in the new economy. Learn it while youââ¬â¢re young and thank yourself later.6. Fall in LoveThereââ¬â¢s no right time in life for love. In fact, itââ¬â¢s better to experience true love and real relationships early. It will save you lots of heartache and loneliness in the future. Even if you donââ¬â¢t want to settle down youngâ⬠¦ a bit of real love is worth a go.7. MeditateThereââ¬â¢s a reason for the recent spike in meditation and wellness and mindfulness apps. In our mad age of constantly being wired in to each other and the market, etc., itââ¬â¢s important to learn how to soothe and center yourself. Building a meditation practice young can really make a substantial difference in the rest of your li fe. Plus, some experts suggest that 20 minutes of meditation is almost as good as a full 2 hours of sleep.8. TravelSee the world. Create a passion for getting to know new and foreign places. Experience the world with compassion and excitement. Think how lucky you are, how you can help. What you can see and do.9. Invest your Leisure TimeInstead of that one extra episode of Scandal, try spending the time you have on your own development. Take a seminar, volunteer, learn a dance, read a book, exercise. Spend a good portion of your free time on personal improvement and development. Youââ¬â¢ll thank you later.10. Quit WorryingWorrying changes nothing. Concentrate on finding solutions to problems when solutions are possible. And try to let go of the rest. Do your part, and do it well, then try to be Zen about outcomes you cannot control. Take care of yourself. Feed your body and your brain. This is much more productive than clamming up and freaking out.11. Save Your CashSeriously. Star t saving money. That one extra trendy outfit or night out at the club will not be worth it in the long run, when that money could be put to better use. Remember that compound interest can make you a millionaire in twenty years. Put away a small, but consistent amount of money every month. And never touch it. Youââ¬â¢re welcome.
Monday, November 4, 2019
Business research project Literature review Example | Topics and Well Written Essays - 3500 words
Business research project - Literature review Example This requires that we understand the challenges that affect tourism, for example, we must understand the trends that dictate demand and supply, the evolving external environment and the need to improve capacity of tourism organizations so that they are responsive to the demands of the diverse interests it serves. Tourism relies on a cycle known as the travel cycle, which entails dreaming, researching, booking, experiencing then sharing of the experience. Dreaming occurs especially on the web when the potential traveller or the tourist goes online in search of the means of travel. This could be through blogs, reviews or videos that inspire the potential travellers to travel. Researching then occurs when the would-be consumer or traveller narrows down on the travel options and make requests on information by querying. It is important as it enables the travel agent or tourist operators know the clientââ¬â¢s path towards purchasing. Booking comes next through either online bookings or mobile bookings for air travel and hotel accommodation. In evaluation of future tourism, it is important for operators to device ways of enabling the consumers easily find; books the packages via any device mobile applications come in handy at this moment, and marketers must strive to take advantage of search advertising if they are to succeed. For example, Google has devised ways in which operators can add phone numbers to mobile advertisements for companies that own call centres. This in turn has made it easier for customers to book by just clicking on the Click to call ads. Experiencing enables customers to find concierge type information as they travel and can therefore acquire other types of services. This requires tourist operators to provide reliable access to the internet as they travel with your facilities and offer useful information for the tourists to experience and enjoy your services. Sharing of oneââ¬â¢s experience inspires others who have not experienced the phen omenon to want to consume it. It is imperative to note that most travellers read reviews from others and tourist and travel operators must take the opportunity of being part of the conversation in the sharing of this information. Technology as applicable in the tourism industry has revolutionized it more than ever before as more people have become connected to each other with most people having access to information online on travel and tourist bookings. This requires the tourism industry players to adapt and upgrade their practices and skills to meet the growing demands of the customer. Technology can be used by tourism providers to market their products and services such as destinations and the attractions on offer. The information that is provided online is important to stimulate the researcher or the would-be tourist to travel and have good memories of the travel. To reach the traveller, the operators can make use of digital marketing through search engines, mobile phone applica tions or location based marketing. It is important to make the product appealing and have the best prices for the content placed in the internet. Having the requisite infrastructure to respond or meet the needs of the consumer is important for the tourism and travel operat
Friday, November 1, 2019
International accounting Essay Example | Topics and Well Written Essays - 1750 words
International accounting - Essay Example Thus the exchange rates were under pressure heading to period leading to intense depreciation at the time of a steep fall in the global risk sentiments forcing RBI to interrupt so as to stabilize the unit of domestic currency. As for the foreign currency the Bank has entered into the contract of foreign currency derivative with its customers to lay them off on matched basis in the inter-bank market. The foreign currency hedging is made on the spreads on the customer transactions. The risk management body of the company undertakes hedging and the methods are thus used for assessing the effectiveness of hedging. The hedging taking place may be against a single liability or asset or a portfolio of the same (HDFC Bank Ltd., 2012, pp.110-124). Extent and Nature of Foreign Currency Exposure The Bank has entered into derivatives and foreign exchange deals after setting up counterparty credit limits on the basis of the counterpartyââ¬â¢s ability to meet obligations in the event of foreign currency exposure. For such like endeavors the bank does not bear any market risks but only carries the credit risk associated with the counterparty. The Bank generally maintains a provision for the standard assets inclusive of the credit exposures on the basis of current market to market value of interest rate and gold and foreign exchange derivatives contract at stipulated level by the RBI from time to time. For the overseas branches of HDFC the provisions are maintained at a much higher level by the respective regulator of RBI. The effect of translation exposure of the company has resulted in translation reserve of the company amounting to Rs. 251,651,000 on 31st March, 2012. However, the treasury segment usually consists of the net interest earnings from the bankââ¬â¢s investment portfolio, money market lending and borrowing, losses or gains on the investment operation and on account of trading in derivatives contract and foreign exchange. The non-monetary as well as the mon etary foreign liabilities and assets of non integral foreign operations. These are then translated based on the rates of closing exchange notified by FEDAI related to the Balance Sheet date thereby resulting in profit or loss of the company that arises out of exchange differences which gets compiled in the Foreign Currency Translation Account till the disposal of the net investment in the non integral foreign operations (Raynor, 1999, p.156). Major risks of the business Since the intensification of the global financial crisis of 2008, risk related to the domestic growth of the company was a hindrance faced from the external environment of the company. The Bank also faces risk related to the Technology Risk Management of the company generally resulting in the cyber fraud. The other critical risks faced by the bank are the operational risk, credit risk and the market risk. Credit risk aroused from the non-payment of the loaned amount of the company whereas the market risk associated w ith the interest rate risk and the liquidity risk of the company. Th
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