Attachment, Loss and Bereavement

This essay describes and evaluates the contributions of Bowlby, Ainsworth, Murray-Parkes, Kubler-Ross and Worden, as well as later theorists, to their respective fields. I demonstrate how I already work with some of these models, highlighting my strengths and areas for development. I emphasise some influences on Bowlby’s work, leading to his trilogy Attachment 1969; Separation 1973; and Loss, Sadness and Depression 1980; demonstrating how attachments in infancy may shape our attachment styles in later life.Pietromonaco and Barrett posit â€Å"A central tenet of attachment theory is that people develop mental representations, or internal working models that consist of expectations about the self, significant others and the relationship between the two. † (Pietromonaco and Barrett, 2000, 4:2, p156). I illustrate how this internal working model is developed via the relationship between infant and primary caregiver, demonstrating that maternal deprivation can create a †˜faulty’ internal working model, which may lead to psychopathology in later life.I also demonstrate how these internal working models influence our reactions to loss and bereavement in adulthood and their potential impact on the counselling relationship. In addition, I explore the multi-layered losses experienced by HIV+ gay men and finally draw some conclusions. Freud’s view on the infant’s attachment to its mother was quite simple â€Å"the reason why the infant in arms wants to perceive the presence of its mother is only because it already knows by experience that she satisfies all its needs without delay.† (Freud, 1924, p188 cited in Eysenck, 2005, p103).In contrast, behaviourists believed that feeding played a central role in the development of attachment. (Pendry, 1998; Eysenck, 2005). These theories were termed ‘secondary-drive theories’. In 1980, Bowlby recalled â€Å"this [secondary drive] theory did not seem to me to fit the facts †¦. but, if the secondary dependency was inadequate, what was the alternative? † (Bowlby,1980, p650 cited in Cassidy and Shaver, 1999, p3).Bowlby’s theory was influenced by his paper â€Å"Forty Four Juvenile Thieves†, where he concluded a correlation exists between maternal deprivation in infancy, leading to affectionless psychopathology and subsequent criminal behaviour in adolescents. (Bowlby, 1944, 25, p19-52). This led to him researching the impact of loss on children displaced through war and institutionalisation, resulting in ‘Maternal Care and Mental Health’ (1952), where he confirms a link between ‘environmental trauma’ and resultant disturbances in child development.As a result of this research, Bowlby concluded â€Å"it is psychological deprivation rather than the economic, nutritional or medical deprivation that is the cause of troubled children. † (Bowlby in Coates, 2004, 52, p577). He was further influenced by L orenz who found that goslings would follow and ‘attach’ themselves to the first moving object they saw. This following of the first moving object was called ‘imprinting’. (Lorenz, 1937 cited in Kaplan, 1998, p124).Clearly babies cannot follow at will – to compensate for this, †Bowlby noted that ‘imprinting’ manifested itself as a spectacularly more complex phenomenon in primates, including man, which he later labelled ‘attachment’. † (Hoover, 2004, 11:1, p58-60). He also embraced the work of Harlow and Zimmerman who worked with infant rhesus monkeys demonstrating that not only did the need for attachment give them security, but that this need took priority over their need for food. (Harlow and Zimmerman 1959 cited in Green and Scholes, 2003, p9).Dissatisfied with traditional theories, Bowlby embraced new understandings through discussion with colleagues from such fields as developmental psychology, ethology, cont rol systems theory and cognitive science, leading him to formulate his theory that the mechanisms underlying the infant’s tie to the mother originally emerged as a result of evolutionary and biological pressures. (Cassidy and Shaver, 1999; Green and Scholes, 2003).Defining his attachment theory as â€Å"a way of conceptualising the propensity of human beings to make strong affectional bonds to particular others.† (Bowlby, 1979 cited in Green and Scholes, 2003, p7), he posited â€Å"that it is our affectional bonds to attachment figures that engage us in our most intense emotions. † and that â€Å"this occurs during their formation (we call that ‘falling in love), in their maintenance (which we describe as ‘loving) and in their loss (which we know as ‘grieving’), (Green and Scholes, 2003, p8), thereby replacing the secondary-drive theory with a model emphasising the role relationships play in attachment and loss. (Waters, Crowell, Elliot t et all, 2002, 4, p230-242).Disregarding what he called Freud's ‘cupboard love’ theory of attachment, he believed instead that a child is born ‘biologically pre-disposed’ to become attached to its mother, claiming this bond has two essential features: the biological function of securing protection for survival and the physiological and psychological need for security. (Green and Scholes, 2003; Schaffer, 2004). Sonkin (2005) describes four features to this bond: secure base, separation protest, safe haven and proximity maintenance.The concept of a secure base is fundamental to attachment theory and is used to describe a dependable attachment to a primary caregiver. This secure base is established by providing consistent levels of safety, responsiveness and emotional comfort from within which the infant can explore his or her external and internal worlds and to which they can return, thus providing a sense of security. Separation protest is exhibited as a si gn of the distress experienced upon separation from an attachment figure, who may also be used as a safe haven to turn to for comfort in times of distress.When safety is threatened, infants attract the attention of their primary caregiver through crying or screaming. Maintaining attention and interest, e. g. vocalising and smiling, and seeking or maintaining proximity, e. g. following or clinging, all serve to promote the safety provided by the secure base (providing of course that parents respond appropriately). (Holmes, 1993; Cassidy and Shaver 1999; Becket, 2002; Green and Scholes, 2003).Proximity seeking is a two way process, for example child seeking parent or parent seeking child. (Weiss in Murray-Parkes, Stevenson-Hinde and Marris, 1991; Becket, 2004; Sonkin, 2007). Bowlby also recognised ‘unwilling’ separation caused by parents who were phsycially present but not able to respond, or who deprived infants of love or ill-treated them, left them with a sense of imme nse deprivation and that this unwilling separation and resultant loss leads to deep emotional distress. (Green and Scholes, 2003).At a recent conference, the Centre for Attachment based Psychoanalytical Psychotherapy (CAPP) asserts â€Å"Early interactions with significant others in which there are fundamental failures of empathy, attunement, recognition and regulation of emotional states, have been shown to cause the global breakdown of any coherent attachment strategy, thus engendering fears of disintegration and threatening psychic survival. In the face of such experiences, powerful dissociative defences may be employed, encapsulating overwhelming feelings of fear, rage and shame. † (CAPP, 2007).Together with Robertson and Rosenbluth, Bowlby demonstrated that even brief separation from the mother has profound emotional effects on the infant. Their research highlighted a three stage behavioural response to this separation: protest – related to separation anxiety; des pair – related to grief and mourning; and detachment – related to defences. (Robertson, Rosenbluth, Bowlby, 1952 in Murray-Parkes, Stevenson-Hinde and Marris, 1991). Ainsworth, Blehar, Waters and Wall (1978) later established the inter-relatedness between attachment behaviour, maternal sensitivity and exploration in the child.Under clinical settings, they sought to observe the effects of temporary separation from the mother, which was assessed via the ‘strange situation’ procedure. This study involved children between the ages of 12 to 18 months who experienced separation from their mother, introduction to an unfamiliar adult and finally reunion with their mother. Ainsworth et al reasoned that if attachment was strong, mother would be used as a secure base from which the infant could explore, thereby promoting self-reliance and autonomy. Upon separation, infants usually demonstrated separation anxiety.Upon re-union, the mother’s maternal sensitivity and the child’s responses were observed, thus providing a link between Bowlby’s theory and its application to individual experience. The trust/mistrust in the infant’s ability to explore their world from the secure base is re-inforced by Erikson’s (1965) examination of early development and the child’s experiencing of the world as a place that is nurturing, reliable and trustworthy (or not). Influenced by Ainsworth’s previous work in Uganda, the ‘strange situation’ led to the classification of secure or insecure attachment styles in infants.Insecure styles were further grouped into insecure/avoidant and insecure/resistant (ambivalent). (Pendry, 1998; Holmes, 2001; Eysenck, 2005). Main and Solomon later added a fourth attachment style – insecure/disorganised. (Main and Solomon, 1986 in Cassidy and Shaver, 1999, p290). Throughout all of these interactions, an ‘internal working model’ is developed, the cultivat ion of which relies on the dyadic patterns of relating between primary caregiver and infant (Bretherton, 1992, 28, p759-775), comprising the complex monitoring of internal states of primary caregiver and infant.  (Waters, Crowell, Elliott et al, 2002, 4, p230-242).According to Schore â€Å"These formative experiences are embedded in the developing attachment relationship – nature and nurture first come together in mother-infant psychobiological interactions. † (Schore, 2001, 17, p26). Over time, this leads to the infant’s ability to self-monitor their emotions (affect regulation), but until such time, Bowlby posited the mother acts as the child’s ego and super-ego †She orients him in space and time, provides his environment, permits the satisfaction of some impulses, restricts others.She is his ego and his super-ego. † (Bowlby, 1951, p53 cited in Bretherton, 1992, 28, p765). Bowlby concluded a healthy internal working model is â€Å"a worki ng model of an attachment figure who is conceived as accessible, trustworthy and ready to help when called upon†, whilst a ‘faulty’ model is â€Å"a working model of an attachment figure to whom are attributed such characteristics as uncertain accessibility, unwilllingness to respond helpfully, or perhaps the likelihood of responding hostilely. † (Bowlby, 1979, p141).Ainsworth suggests that positive attachment is more than explicit behaviour â€Å"it is built into the nervous system, in the course and as a result of the infant’s experience of his transactions with the mother. † (Ainsworth, 1967, p429), thus supporting Bowlby’s theory. Later descriptions of attachment styles describe secure attachment as â€Å"the development of the basic machinery to self-regulate affects later in life†, (Fonagy, Gergely and Jurist, 2002 cited in Sarkar and Adshead, 2006, 12, p297), whilst insecure attachment â€Å"prevents the development of a proper affect regulatory capacity.† (Sarkar and Adshead, 2006, 12, p297).This is supported by Schore (2003) who alludes to developmental affective neuroscience to set out a framework for affect regulation and dysregulation. Based on research into the development of the infant brain, he reviews neuro-scientific evidence to confirm the infant’s relationship with the primary caregiver has a direct effect on the development of brain structures and pathways involved in both affect regulation and dysregulation.The research and evidence suggests the internal working model begins as soon as the child is born and is the model upon which future relationships are formed. The quality of the primary caregiver’s response to infant distress provides the foundation upon which behavioural and cognitive strategies are developed, which in the longer term influence thoughts, feelings and behaviours in adult relationships. (Cardwell, Wadeley and Murphy, 2000; Pietromonaco and Barrett , 2000, 4:2, p155; Madigan, Moran and Pederson, 2006, 42:2, p293).A healthy, secure attachment to the primary caregiver would therefore appear essential for a child’s social, emotional and intellectual development, whilst interruption to this attachment would appear to promote the premise of psychopathology in later life. Whilst some evidence exists to demonstrate internal working models can be modified by different environmental experiences, (Riggs, Vosvick and Stallings, 2007, 12:6, p922-936), the extent to which they can change remains in question.Bowlby himself postulated â€Å"clinical evidence suggests that the necessary revisions of the model are not always easy to achieve. Usually they are completed but only slowly, often they are done imperfectly, and sometimes done not at all. † (Bowlby, 1969, p83). Whilst change may be possible, the unconscious aspects of internal working models are deemed to be specifically resistant to such change. (Prior and Glaser, 2006) . We can safely assume therefore, that in the majority of cases, internal working models tend to persist for life.I concur with Rutter’s criticism of Bowlby's concept of ‘monotropy’, i.e. Bowlby’s belief that babies develop one primary attachment, usually the mother, (Rutter, 1981 cited in Lucas, 2007, 13, p156 and in Eysenck 2005), accepting instead that infants form multiple attachments. This is supported by a study by Shaffer and Emmerson (1964) who concluded infants form a ‘hierarchy’ of attachments, often with the mother as the primary attachment figure, although nearly a third of children observed highlighted the father as the primary attachment figure. (Schaffer and Emmerson, 1964 in Cassidy and Shaver, 1999, p44-67).Collins, Dunlop and Chrysler criticise Bowlby’s ‘lens’ in that it was â€Å"limited by his own cultural, historical and class position. Bowlby’s culturally biased assumptions and empiricist metho ds of inquiry concentrated on individualised detachment and loss as part of the normal course of mourning loss, which perpetuated the Western tradition of preserving the autonomous individual self as the normal goal of development. † (Collins, Dunlop and Chrysler, 2002, p98), leading them to conclude Bowlby’s assumptions ignored other cultural practices (as did Ainsworths), with which I agree.They also suggest Bowlby’s concept of maternal deprivation was perhaps exploited to get women to return to the home post World War II – â€Å"Characterised as a choice, this ‘homeward bound’ movement was supported by the various governments, whose maternalist and pronatalist ideology of the 1930s continued into the post-war period to provide a rationale for sending women home to reproduce †¦ maternalism and the maternal deprivation hypothesis provided one conceptual framework for pronatal ideology as it intersected  with the demands of governments and industrialists. † (Collins, Dunlap and Chrysler, 2002, p102).We must also remember that Bowlby’s observations â€Å"were based on children who had been separated from their primary caregivers during the Second World War† (Lemma, 2003 cited in Lucas, 2007, 13, p156), and that these procedures â€Å"were based on behaviours that occurred during stressful situations rather than under normal circumstances. † (Lucas, 2007, 13, p156) [this latter criticism also applies to Ainsworth’s work].Nonetheless, in highlighting the damaging effects of institutionalised care on young children, Bowlby’s strengths lie in drawing attention to the role attachment, attachment behaviour and attachment behavioural systems play in a child’s development and the subsequent potential consequences of disruption to the bond between infant and primary caregiver. I concur with Cassidy and Shaver’s (1999) criticisms of the strange situation in that there a re too many unconsidered variables for a firm theory to be established at the time of Ainsworth’s writings, accepting their view that she did not consider the mood nor temperament of the child.Nonetheless, Ainsworth et al have provided a tool with which to measure attachment styles in infants, which is still in use today. Later research by George, Kaplan and Main assesses adult internal models through the use of the Adult Attachment Interview. This classification of adult attachment styles promotes the idea of models extending into adulthood as a template for future relationships. (George, Kaplan and Main 1985 cited in Pendry, 1998).Hazan and Shaver continued this line of research identifying patterns of attachment behavior in adult romantic relationships, concluding the same four attachment styles identified in infancy remain true for adult relationships. (Hazan and Shaver 1987 in Cassidy and Shaver, 1999, p355-377). Although theoretically rooted in the same innate system, a dult romantic attachment styles differ from parent-child bonds to include reciprocity of attachment and caregiving, as well as sexual mating.  (Hazan and Zeifman, 1999 in Cassidy and Shaver, 1999, p336-354).The literature on bereavement has become inseparable from Bowlby’s theory of attachment and, following from this, the way in which people react to the loss of this attachment. On reflecting on losses in adult life, Weinstein (2008) observes Bowlby’s persistence of formative attachments and how the pattern of protest, despair and detachment that follows a baby’s separation from its primary caregiver is re-activated and presented in full force in adult loss.Weinstein writes â€Å"The ability of the adult to cope with attachment in intimate relationships to negotiate independence, dependency and inter-dependency; and to manage loss is all about how successfully they coped with separation as an infant. As a baby they had to retain their sense of their mother e ven in her absence and now as adults, as part of the mourning process, they strengthen their own identity with the support of the internalised object. † (Weinstein, 2008, p34).According to Murray-Parkes (1996), the intensity and duration of this grief is relative to what is lost and the grief process is an emotional response to this loss. Murray-Parkes joined Bowlby at the Tavistock Centre in 1962. Together they presented a paper linking the protests of separation highlighted by Robertson, Rosenbluth and Bowlby (1952) in young children separated from their mothers, to grief in adults. (Bowlby and Murray-Parkes, 1970 in Murray-Parkes, Stevenson-Hinde and Marris, 1991, p20).Around the same time, Murray-Parkes visited Kubler-Ross who was conducting her own research into death and dying. This work was later published in ‘On Death and Dying’ (1969) which examines the process of coming to terms with terminal illness or grief in five stages: denial; anger; bargaining; de pression and acceptance. Murray-Parkes later produced a four-phase grief model consisting: shock or numbness; yearning and pining; disorganisation and despair; and re-organisation.In contrast to the passive staged/phased approaches by Kubler-Ross and Murray-Parkes, and perhaps more in line with Freud’s concept of having ‘to do grief work’, Worden developed a four-staged, task-based grief model: â€Å"to accept the reality of the loss; to work through the pain of grief; to adjust to an environment in which the deceased is missing; and to emotionally relocate the deceased and move on with life. † (Worden, 2003). All three models are deemed to be therapeutically useful in that they recognise grief as a process and provide a framework of descriptors for ‘normalising’ grief reactions.That said, they are clearly prescriptive and caution should be exercised in taking any of these prescriptive stages, phases or tasks literally. It is equally important to recognise the uniqueness of individual responses to loss and to avoid prescribing where a client ‘ought’ to be in their grieving process. Since these models were never designed as a linear process, it is likewise important not to steer clients through these stages. This is supported by Schuchter and Zisook (1993), who assert â€Å"Grief is not a linear process with concrete boundaries but, rather, a composite of overlapping, fluid phases that vary from person to person.† (Schuchter and Zisook, 1993 in Stroebe, Stroebe and Hansson, 1993, p23).I agree with Servaty-Seib’s observations â€Å"the stage/phase approaches emerged solely from a death-loss focus †¦ Worden’s work was an important development in the understanding of the process of coping adaptively with bereavement as each task is clearly defined in an action-oriented manner. † (Servaty-Seib, 2004, 26:2, p125). Stroebe and Schut’s dual process model brings together death- loss focus and task-based models. (Stroebe and Schut, 2001 cited in Servaty-Seib, 2004, 26:2, p125).In my work at Positive East, I work with HIV+ gay men experiencing multi-layered loss. My philosophy is to build and maintain a therapeutic relationship within a safe, confidential, contained space where clients can explore their issues. The archetype ‘working towards a model of gay affirmative therapy’ (Davies and Neal, 1996, p24-40) provides me with a framework within which to explore gay culture and to apply an assenting approach to the work, which I believe promotes empathy and helps me to work in the best interests of the client.Conducting my own assessments, I complete a full client history, genogram and timeline, which provides a comprehensive insight into clients attachments and losses. It is important to acknowledge the social context within which multi-layered loss takes place (e. g. heterosexism, homophobia, HIV-related stigma) as well as recognising that indiv idual attachment styles may influence individual reactions to these losses and may also impact on the counselling relationship.Losses experienced by HIV+ gay men include loss of identity, health, appearance, mobility, self-respect, career, financial security, relationships and intimacy. (Riggs, Vosvick and Stallings, 2007, 12:6, p922-936; Koopman, Gore-Felton, Marouf et al, 2000, 12:5, p663-672; Fernandez and Ruiz, 2006, p356). Corr, Nabe and Corr (1997) describe these losses as the cognitive, affective and behavioural responses to the impact of the loss. In identifying attachment styles in HIV+ adults, Riggs, Vosvick and Stallings (2007) found that 90% of gay and bisexual HIV+ adults recruited into their study demonstrated insecure attachment.They suggest the diagnosis of HIV produces a strong trauma reaction, impacting on adult attachment style. In the same study, they found that HIV+ heterosexual adults were more likely to be secure, whereas gay and bisexual adults were more like ly to be fearful, preoccupied, avoidant; or dismissing, respectively. This led them to conclude that gay and bisexual people must therefore contend with societal forces that their heterosexual counterparts do not.They hypothesise â€Å"A diagnosis of HIV may be reminiscent of the coming out process, particularly with respect to concerns regarding stigma and disclosure, and thus may provoke similar fears about rejection by loved ones and society as a whole that contribute to greater attachment insecurity. † (Riggs, Vosvick and Stallings, 2007, 12:6, p931). This is supported by Koopman, Gore-Felton, Marouf et al (2000) who cite attachment style as a contributing factor associated with the high levels of stress experienced by HIV+ individuals.They comment â€Å"From this perspective, perceived stress is likely to be greater among [HIV+] persons having a highly anxious attachment style because their hypervigilance in interpersonal relationships leads to misinterpreting othersâ⠂¬â„¢ behaviours as rejecting or critical of themselves. † (Koopman, Gore-Felton, Marouf et al, 2000, 12:5, p670). This would suggest that HIV+ gay men with insecure attachment style may experience difficulties in developing and maintaining relationships, which, in turn, may impact on the therapeutic relationship.Additionally, according to Kelly, Murphy, Bahr et al â€Å"Dependable and supportive attachments play a crucial role in adjusting to HIV infection. Lack of such attachments and social support has been shown to be a significant predictor of emotional stress among HIV+ adults. † (Kelly, Murphy, Bahr et al, 1993, 12:3, p215-219). This has significant implications for the psychological well being of HIV+ gay men whom, considering their perceived attachment difficulties, may experience difficulties in forming such supportive relationships.In examining the suitability of the common grief models when working with this client group, I accept Copp’s criticism of the Kubler-Ross model for its focus on psychosocial dynamics â€Å"to the exclusion of physical, and to a lesser extent, spiritual dimensions. † (Copp, 1998, 28:2, p383). I also agree with Knapp’s criticisms of the staged/phased grief models espoused by Kubler-Ross and Murray-Parkes. Knapp observes â€Å"while both of these models may be applicable to those experiencing a singular loss, neither model takes into  consideration the multiplicity of losses thrust upon the seropositive gay male population.These men experience overlapping losses, resulting in them being at differing stages with respect to different losses. † (Knapp, 2000, 6:2, p143). Knapp offers a similar criticism of the Worden model in that â€Å"task models fail to account for the continuity of loss in the lives of seropositive gay men. † (Knapp, 2000, 6:2, p143), with which I also concur. In addition, all three models incorporate an end point, which suggests the completion of a cycle, th ereby pre-supposing some sort of finality.These models are therefore limited in their application to my own work, since, as new losses take the place of old, my clients find themselves in a continual cycle of loss without the comfort of such an end point. Processing the loss of the ‘pre-infected self’ and re-defining the ‘HIV+ self’ often means working with the stage of identity vs role confusion in Erikson’s (1965) psychosocial model. Additionally, where partners stay together, a revisiting and re-negotiation of the adult stage of intimacy may be required since intimacy is often disrupted and sometimes lost due to HIV infection.This stage is also revisited by clients where a partner chooses to end the relationship with a HIV+ partner. Working through the loss of the partner (usually due to fear of infection); as well as other significant relationships (usually due to HIV related stigma); is also key to the work. To support this work, I use the †™multi-dimensional’ grief model by Schuchter and Zisook (1993), adopting four of their five dimensions: emotional and cognitive responses; emotional pain; changes in relationships and changes in identity.  (Schuchter and Zisook, 1993 in Stroebe, Stroebe and Hansson, 1993, p26-43).I have also used Worden’s grief model in supporting a HIV+ client whose HIV infected partner committed suicide. This work is clearly demanding and is informed by the client’s internal working model of self and other. Due to perceived stigma and fear of rejection, it is not unusual for the client’s attachment behavioural system to be activated throughout the therapeutic relationship. Recent research highlights the mirroring of Bowlby’s theory within such a relationship.Parish and Eagle (2003) and Sonkin (2005) draw attention to the manifestation of clients seeking proximity maintenance to the therapist; experiencing distress when the therapist is not available; seeking a safe haven when in distress; and using the therapist as a secure base. To cater for this, I strive to provide a secure base in therapy, ensuring I remain boundaried, punctual and professional, informing clients of any breaks and provide opportunities for clients to explore their anxieties. Clients in particular distress may also contact the agency, who in turn may contact me.My experience has taught me that clients with avoidant attachment styles take time to build trust in the therapeutic relationship. I have also found the avoidant attached usually need permission/re-assurance to grieve their losses, whilst the anxiously attached require permission/re-assurance to stop grieving their losses. I am cognisant that the therapeutic relationship promotes attachment yet at the same time acknowledge the paradox in severing this attachment at the end of therapy. Ending sensitively is therefore crucial. I recognise that clients may develop co-morbid conditions such as alcohol and recreati onal drug abuse.In line with the BACP ethical principles of beneficence, non-maleficence and self-respect (BACP Ethical Framework, 2007), I use supervision to monitor any emerging signs of such abuse, where a decision may be reached to refer these clients to external agencies or other, suitably experienced, internal counsellors. In assessing my strengths and areas for development, I am now much more aware of how early attachment experiences and internal working models impact on how clients process their losses as well as their potential impact on the counselling relationship and process.I have extensive experience of working with loss and bereavement, which is underpinned by my specialist training and practice at Positive East, as a bereavement counsellor with the Bereavement Service and as a counsellor providing support to those bereaved through homicide at Victim Support. I believe a healthy, secure attachment to a primary caregiver is necessary for a child’s social, emotio nal and intellectual development. In turn this promotes the development of a healthy internal working model, disruption to which may lead to psychopathology in later life.Whilst the internal working model tends to persist through the life course, I believe it can be modified by divergent experiences, but acknowledge this change may be difficult. Whilst I have extensive experience of working with loss, I now appreciate how early formative attachments influence our reactions to such loss and how these reactions may impact on the therapeutic relationship. Popular grief models clearly fall short in addressing the multi-layered losses experienced by this client group, demanding instead the integration of what is currently available.The high level of insecure attachment style demonstrated in HIV+ gay men may be due in part to the unique challenges they face within the context of HIV related stigma and negative social experiences. Finally, I believe my knowledge of theory and sensitive app lication of skills has proved to be an effective strategy in working competently, sensitively and safely with this client group. Nonetheless, I recognise the need for continuous professional development and aim to attend workshops on attachment; and mental health and HIV during the summer.

Property Management Essay

Introduction Humans are an organization’s greatest assets; without them, everyday business functions such as managing cash flow, making business transactions, communicating through all forms of media, and dealing with customers could not be completed. Humans and the potential they possess drive an organization. Today’s organizations are continuously changing. Organizational change impacts not only the business but also its employees. In order to maximize organizational effectiveness, human potential—individuals’ capabilities, time, and talents—must be managed. Human resource management works to ensure that employees are able to meet the organization’s goals. Human resource management is responsible for how people are treated in organizations. It is responsible for bringing people into the organization, helping them perform their work, compensating them for their labors, and solving problems that arise. The Human Resources Management (HRM) function includes a variety of activities, and key among them is deciding what staffing needs you have and whether to use independent contractors or hire employees to fill these needs, recruiting and training the best employees, ensuring they are high performers, dealing with performance issues, and ensuring your personnel and management practices conform to various regulations. Other activities of HRM also include:. 1. Recruitment and Selection (Staffing). In terms of recruitment and selection it is important to consider carrying out a thorough job analysis to determine the level of skills/technical abilities, competencies, flexibility of the employee required etc. At this point it is important to consider both the internal and external factors that can have an impact on the recruitment of employees. The external factors are those out-with the powers of the organization and include issues such as current and future trends of the labor market e. g. kills, education level, government investment into industries etc. On the other hand internal influences are easier to control, predict and monitor, for example management styles or even the organizational culture. Job analysis is completed to determine activities, skills, and knowledge required of an employee for a specific job. Job analyses are â€Å"performed on three occasions: (1) when the organization is first started. (2) when a new job is created. (3) when a job is changed as a resul t of new methods, new procedures, or new technology. Jobs can be analyzed through the use of questionnaires, observations, interviews, employee recordings, or a combination of any of these methods. Two important tools used in defining the job are: (1) job description, which identifies the job, provides a listing of responsibilities and duties unique to the job, gives performance standards, and specifies necessary machines and equipment; and (2) Job specification, which states the minimum amount of education and experience needed for performing the job Someone (e. g. , a department manager) or some event (e. g. , an employee’s leaving) within the organization usually determines a need to hire a new employee. In large organizations, an employee requisition must be submitted to the HR department that specifies the job title, the department, and the date the employee is needed. From there, the job description can be referenced for specific job related qualifications to provide more detail when advertising the position—either internally, externally, or both. Not only must the HR department attract qualified applicants through job postings or other forms of advertising, but it also assists in screening candidates’ resumes and bringing those with the proper qualifications in for an interview. The final say in selecting the candidate will probably be the line manager’s, assuming all Equal Employment Opportunity requirements are met. Other ongoing staffing responsibilities involve planning for new or changing positions and reviewing current job analyses and job descriptions to make sure they accurately reflect the current position. . Performance Appraisals Once a talented individual is brought into an organization, another function of HRM comes into play—creating an environment that will motivate and reward exemplary performance. One way to assess performance is through a formal review on a periodic basis, generally annually, known as a performance appraisal or performance evaluation. Because line managers are in daily c ontact with the employees and can best measure performance, they are usually the ones who conduct the appraisals.

Non Verbal Communication Essay Example | Topics and Well Written Essays - 1000 words

Non Verbal Communication - Essay Example Examples of non-verbal communication are with the inclusion of eye contact, vocal nuance, gestures, intonation, facial expressions, proximity, glance, smell, posture, and sounds among others. From a broader perspective non-verbal language is divided into two kinds. These are; those non-verbal messages that are generated from the body and the non-verbal messages that emanate from the broad setting like space, time and silence. This communication form is a major factor of the vital factors of communication and it is highly essential in high-context cultures. (andrews.edu, 2011) Merits of Non-verbal Communication Applications of this communication kind are numerous and several are mentioned in this aforementioned website. These include the use of non-verbal communication to accent verbal messages, repeat verbal messages, regulate interactions, substitute verbal messages, and complement verbal messages. Accenting may refer to the utilisation of non-verbal communication like verbal tones. One can repeat verbal messages in a non-verbal way like frowning to show disgust. Regulation of interactions may refer to the scenario where non-verbal cues may be used to indicate to a person when they should speak or stop speaking. Substituting of verbal communication may applicable in situations like a noisy environment that blocks verbal communication resulting to usage of gestures to pass on messages. Lastly, complementing may be a situation like the usage of hand gestures to stress points that have been communicated verbally. (andrews.edu, 2011) Non-verbal communication is very vital. In actual sense it came into use before verbal communication. It is actually referred to as silent type of language which is normally not formally taught and which came into existence way before the invention of language. It is a universal kind of communication, though it may differ with certain cultures, apart from the persons that are autistic. According to Calero, in his book, non-verbal comm unication was in use way before the invention of formal spoken languages. In fact he puts it as thousands of years. Despite the fact that this form of communication has not had a lot of researchers interest, it has been in use by many populations across the globe as way of communicating attitudes, thoughts, notions and emotions. Despite its having been a major form of communication in the world for a long time, people have not taken time to research on the meanings portrayed by this form of communication as Calero puts it in his book. (Calero, 2005 pp1, 2) Non-verbal communication is very important in every day’s communication. Most people consider it as a form of distinct speech and that it is basically applied in the passing of the message of interpersonal relationships and emotion. Thus, it can be said to speak louder than words. However, it is very essential to note the fact that non-verbal communication has to go in tandem with speech or verbal forms of communication. Th ey cannot generally be separated, but artificially it is a possibility. By artificially, it means that use of non-verbal communication like gestures (such as hand gestures) may also be viewed as the usage of words as audible ways of sending messages. Non-verbal communication is, therefore, seen as a very integral part of the normal natural language that humans use. (nortonmedia.com, 2011) Negativities of Using Non-verbal Communication Various forms of non-verbal com

Compare and contrast two readings Essay Example | Topics and Well Written Essays - 1000 words

Compare and contrast two readings - Essay Example Henry David Thoreau is the writer of the seeing literally work and he implies the perspective of seeing and the outcomes of viewing things depends with each person and every other person can see what he or she intends to visualize thus it may be biased. Likewise, Ralph Waldo Emerson is also a writer in the natural literally work thus; a naturalist trying to argue the perception of how we see things should not only be based from what our ancestors had. The past influence, on the beliefs and ideologies are ridiculing whenever we follow what other people had there before since we are more capable of seeing, thinking and discovering things on our own. Emerson argues this since he finds that people are more dependent on the history that they found and want to still follow not because they cannot think but just want to follow the perception. Both are naturalists and are critical thinkers who can also be termed as philosophers as they both argue on the human point of view. In Thoreau’s work, we find that it takes preparation to see things in similar perspectives between two individuals. The more ready one can visualize and use their sight the greater the side of view. For instance, if one was not ready to look at a particular horizon then the existence of some things in the landscape and surroundings will not be evident. It takes the intent to observe and actualize for one to realize the whole range of things and objects that are there. Things can be at a certain place and we rarely see them out of our view though they are not hidden from us. In comparison to Emerson’s, literally work, he thinks that the atmosphere consists of very many stars that shine different rays yet someone can see the atmosphere as being transparent. He also compares to Thoreau work when he states that it takes an open mind to receive the influence of external forces from the universe. In both works therefore, it results to a personal initiative

The House of Tata Assignment Example | Topics and Well Written Essays - 750 words

The House of Tata - Assignment Example This strategy is positive in that the new products that are introduced in the market will receive applause since the brand is already known. However, in some instances, the new products that are introduced in the market are not pleasing since the brand of other products is not performingwell. b) Building of equity interlocks among the Tata companies Building interlocks of equities creates a scenario where the companies are working in unison. The companies are better placed as they have a lot of activities in common. For instance, the group of companies will have substantial equities that will make a greater investment. This is like pooling resources together in the group of companies. Therefore, the group of companies will be able to invest in other activities that need a huge investment (Khanna, Krishna and Wu Melito, 2). However, companies that are not indulged in interlocking equities are not well prepared to invest in activities that need a large sum of accounts. Similarly, inter locking equities brings ahighrate of interest. For instance, the interest rate that is accrued on lump sum equity is much more than the interest that is accrued on minute equity. Therefore, this was a prudent activity to the companies as it would increase the company’s gains in the long run. ... Therefore, in this case selling part of Tata company was againstthecompany’s need for expansion. This limited its market segments and would lead to diminished performance of the company. Similarly, selling part of the company was a step that reduced the operating capital of the company. Therefore,most of its activities in the market were reduced. d) Revitalisation of Tata administration The administration of a company is considered a vital aspect that will dictate its performance. A company that has utterly trained and experienced administration is likely to give positive results at the end of each financial year. However, any company thatdoes not have an experienced and dedicated administration is not likely to make a positive accrual in the business. In this case, Tata was vigilant in ensuring the administration was functioning to its advantage. The change in administration meant that the company was prepared to make an improvement in its activities. Similarly, this would re cord an improvement in the financial management, economic development and all other activities that are vital in the company. Similarly,there is positivity in that revitalisation of the administration improved on the specialisation in the company. The people that are well trained in particular places will be given an opportunityto serve the company to their best. As such,they will increase the performance of the business to greater heights as they will have an enhanced position. This is a prudent aspect that would improve the performance of the company and give the company an added advantage. 2. Corporate portfolio in 1995 The corporate portfolio that was done in 1995 was a vital activity to the company (Khanna, Krishna and Wu Melito, 4). This

Edit Essay Example | Topics and Well Written Essays - 500 words - 2

Edit - Essay Example Fairy tales never have both sides of the characters in their story. If one person is shown to be kind and smart, the other character must be stupid or mean. Children realize who the â€Å"better† people are and can easily comprehend the differences between the two characters having opposite characteristics. A fairy tale’s ending of â€Å"happily ever after† explains how the clever and â€Å"good† people can overcome and win their conflict with evil. In addition, fairy tales teach children of when to encounter trials and tribulations in their lives; Children are bound to experience hardships and obstacles in the future. They will know that evil gets punished in the end and they will overcome the dilemmas through their virtuous deeds. Bettelheim convinces that fairy tales make children realize that they can overcome dilemmas and hardships through virtuous deeds, morality and hope. I agree with Bettelheim that fairy tales can guide children’s developme nt. This is because at the end of each tale, children are taught how to overcome hardships and avoid being punished due to evil characters (Bettelheim 128). Virtuous deeds and morality can lead to happy endings and give a positive lesson to the reader. In most cases, fairy tales do not deal with ambivalent characters. Instead they show characters that are either evil or bad without the mixture of the two characters. For instance, in the Cinderella fairy tale the main character is a kind and good person. On the other hand, the stepmother to Cinderella is an evil character. We find that even after Cinderella growing up in an evil family, she does not turn to be an ambivalent character. Instead she uses her Virtuous deeds and morality to become a good person that overcomes hardships and conflict with her evil family. This Fairy tale teach the reader that even though a person may experience an environment that is evil her or she can avoid being ambivalent through Virtuous deeds (Bettelheim

Discussion 1 Essay Example | Topics and Well Written Essays - 250 words - 2

Discussion 1 - Essay Example It would also involve gathering of insects, eggs or even hunting birds and animals (Andersen & Taylor, 2011). These activities require women to have sophisticated knowledge on trapping skills, fishing and even root and tuber searching. Tools such as digging sticks, bows, knives and fishing nets are used in the activities mentioned above. Women are also involved in cultivation of crops such as tubers, roots and even grains in gardens using ordinary hand tools such as hoes. The status of women has been impacted negatively because they are not empowered. In the societies above, women are required to stay close to their homes to take care of the children. They are required to bear children and work hard to provide for them. Therefore, they stay around homesteads and dig in the gardens around them. In this context, the women are home makers and cannot explore distant areas like their male counterparts. This situation has made women be left out in contributing to economic development within the foraging and horticultural based societies. This has resulted to women spending much of their time in gathering, hunting and taking care of the family. The situation above is being experienced in developing countries such as those within Asia. In such societies, women would even bear many children so that food procurement becomes easy because such a step would increase the labor force. On the other hand, their American counterparts contribute to economic development of their nation. In fact, most of them spend most of their time working and would even earn more than their husbands. Here, women have fewer children that they can easily manage, and this allows them to focus on their careers. To the American women, food is not a problem, and they do not spend much time in accessing it. In such societies, processed food is used, and it requires them to buy it, and present it for consumption. This brings out the difference between

M019 Regular Assignment - Understanding Retail Essay

M019 Regular Assignment - Understanding Retail - Essay Example E- Tailing companies such as Onsale, @home, Webvan and Boo.com have experience their fair share of failures and were eventually closed down (Caroll and Casey, 2004:2). This goes ahead to prove that not all e-tailing companies have been successful in business. High street retailers have been in existence for a long time and have substantial loyalty and a wide customer base in the global market (Shepherd, 2007:66). They have strong brand names that are easily recognised by the consumers and this makes it easy to sell their merchandise on their online stores. Renowned fashion lines, mobile companies, food joints have a well established online business that contributes to a considerable amount of their income. New entrants have a hard time competing with these high street companies. High street companies have a competitive advantage since they have more resources, state of the art technology and better customer loyalty. It can be noted with a lot of concern that e- tailing is a relativel y new concept in some parts of the world. However, they are slowly catching up with the spread of the internet across different parts of the world. ... In conclusion, although e-tailing has grown rapidly in some parts of the world including the UK, US and some parts of Asia, there are those that that are not aware of the concept. It entails a wide array of businesses ranging from auction sites, entertainment sites and consumer based sites. In addition to, e- tailing facilitates the electronic usage of goods and services between buyers and sellers and helps bridge the language barrier (Cuthbertson, 2012:57). Recent studies reveal that e- tailing has opened new opportunities for companies from various parts of the world. It has helped companies reach a high number of shoppers from all over the world and has been shopping to be a fast and hustle free experience. This has led to a considerable increase in revenues gained by high street companies. Retail Internalisation Nearly thirty years ago, every retailer in the global scene was a pure nationalized firm with an irrelevant share in the international market. Currently, retailer interna tionalisation is one of the most momentous trends that have accelerated immensely in the past two decades. It can be argued that retail internationalisation is much more than the opening of stores abroad as it includes a wide range of issues (Wrigley et al., 2005:440). A close look at the 200 top global retailers reveals that they operate numerous countries and have established a remarkable capacity in the global market (Hanf and Pall, 2009:2). In fact, many retail companies earn a considerable share of their revenue from foreign markets. There are various companies that have established their subsidiaries in the international market and failed miserably. This goes ahead that there is much more to retail internalisation than open stores in various parts of the world.

HRM Case Study on You Never know Essay Example | Topics and Well Written Essays - 1500 words

HRM Case Study on You Never know - Essay Example Many deserving people are fighting to get a basic job which will at least pay their mortgage and on the other hand, people who cannot even read properly, let alone develop strategies for a company, get great jobs. Why is this? It all boils down to the resume. If someone has carefully crafted their resume by making even their simplest and easiest tasks show up as if they have climbed Mount Everest, it is obvious that it will impress the company. On the other hand, there are also those who are so gullible that they will not show up their most important experiences clearly so that they become overshadowed in the resume and don’t earn them as much credit as they deserve. The fault can also be ascribed to companies for not being thorough in their selection. More often than not they may drop a very worthy candidate’s resume in the bin just because the font was not right or his English Language might be a little weak. I personally know a case from â€Å"Reckitt & Benkiser† who rejected a girl candidate for their Management Trainee program because her father was a retired employee of â€Å"Unilever†. They might have had this assumption that she will pass on secrets to a rival company. Everyone does not make their own resume. As a business student I know that there might be a handful students who â€Å"really† know how to do this job well and everyone will come up to them to get their resume made. Either this, or there may be people who hire professional help to get their resumes made. This practice happens in abundance because companies look for, and hire, only those candidates who have a snappy line in their resume which will catch the eyes of the company. Writing a goal has never been tougher. Simply writing â€Å"to get a good job in a multinational company to make a career† is never enough. You have to write â€Å"explore my horizons in the prestigious working environment this company offers and make my time in this

Research on alcoholic beverages Essay Example for Free

Research on alcoholic beverages Essay In this research document I am going to discuss a couple of things concerning the packaging and marketing of alcoholic beverages, then I am going to discuss the target audience of the alcohol industry. there are many rules concerning the packaging and marketing of alcohol in South-Africa, this is due to the fact that we have a lot of car accidents and acts of violence connected to the consumption as evident in the Gauteng liquor policy. According to euromonitor.com the biggest trend at this stage in South Africa is Sustainability not only among manufactures but also among consumers more and more people are becoming more environmentally aware, and this leads to innovation of packaging solutions for the future. Another notable thing that is mentioned on euromonitor. com is that there is more detailed segmentation of international and locally produced products are being applied , stimulating our economic growth in the local alcohol industry. According to ttb. gov the only requirements for the packaging of alcohol in south africa is that it should include the name of the product where it was made and special instructions and warnings and as far as the rest of my research shows it is also a requirement to state on the product that it is not for sale to persons under the age of 18 accept for that there seems to be little constraints concerning the packaging of alcohol. Packaging of products that we produce in south africa sometimes has to relate to international standards due to the fact that we want to export our products but when it comes to advertising alcoholic drinks in south africa there is a couple of things I have to mention. According to the Gauteng liquor policy advertising alcohol increases the amount of alcohol consumed this is a hot debate at this current moment as there are people contesting against the current laws (Gauteng liquor policy, (2011) [pdf]. This shows that the rules regarding advertisement of alcoholic beverages will increase with time, keeping that in mind can be useful in the future regarding the marketing plans that companies that produce alcoholic beverages set up for the future. According to an article the cost of harmful alcohol abuse in South-Africa; harmful alcohol use is very high in south africa and its stated that it is one of the main risk factors for poor health in South-Africa (http://www. ara. co. za) The target audience for alcoholic beverages is all people that are older than 18 due to law restrictions, the majority of adult do consume alcohol and thus the target audience is quite big the income level of the consumers of alcohol is very diverse but when it comes to specialized products like craft beer for instance the market is much more directed at the upper class, where there is cheaper alternatives for lower income classes. The target audience of alcohol is dependent on the personality of the brand due to the fact that consumers relate to brands and make their choices according to how they would like to portray themselves amongst other individuals. According to Craig Berman the people that drink the most are young men and he also states that men tend to drink more than woman, this is why so manny of the existing companies directly target younger men. (C. Berman 2012 chron . com) Sports fans are also a great target for the alcohol industry due to the fact that men and woman enjoy drinking whilst being entertained by sporting events. The alcohol industry is known for advertising by sponsoring sporting events sport teams and so forth, and in some cases the fans of sponsored teams are just as big fans of the alcohol brand that sponsors their team. So in conclusion the Target audience for alcohol is quite a wide group of individuals but mostly consists out of younger men aged between 18 and 49 and sports fans are also a big hit , the regulations in south africa concerning he packaging is not too strict but one still has to comply to some rules concerning warnings and so forth, the market is very specific and very segmented into various target audiences and lastly the biggest trend in South-Africas alcohol industry is focusing on sustainability . Reference list Craig Berman http://smallbusiness. chron. com/largest-target-markets-alcohol-advertising-66914. html http://www. ttb. gov/itd/southafrica. shtml http://www. euromonitor. com/alcoholic-drinks-packaging-in-south-africa/report http://www. ara. co. za/industry-tips/code-of-conduct http://www. ara. co. za/uploads/ban-on-alcohol-advertising/economic-impact-of-an-adban_econometrix_ara_chapter3. pdf.

Predicting Bankruptcy of Firms

Predicting Bankruptcy of Firms TOPIC A Abstract The recent world budgetary or financial crisis has expanded the quantity of insolvencies in various nations and has brought about another range of research which reacts to the need to foresee this phenomenon, not only at the level of individual nations, as well as at a worldwide level, offering clarifications of the regular attributes shared by the affected companies. The objective of this essay is to discuss possible useful model for predicting the bankruptcy of the firms that is taking place globally. Introduction This essay concentrates on foreseeing the risk of the bankruptcy of business forms with a worldwide degree. The present significance of bankruptcy prediction models has developed because of the current world financial crisis. This crisis has seen an expansion in the numbers of bankruptcy in a several nations and has served to exhibit that even the best international organizations must be consistently careful concerning their budgetary circumstance and the position of the organizations they work. On the other side, because of the globalization process that the world economy is encountering, a complex system of international connections that has emerged in the business world. A few studies have demonstrated that the globalization phenomenon has resulted the homogenization of the budgetary behavior of organizations, techniques for fund, and the conduct of money related markets. Bankruptcy And Instrument to Prediction A study by Yadav 1986 (cited in BRÃŽNDESCU-OLARIU 2016, p. 258) indicates that the evaluation of the corporate bankruptcy risk has represented a focal theme of the ration analysis since the beginning of the twentieth century. The studies over samples of organizations from everywhere throughout the world have demonstrated the handiness of the monetary proportions in the predicting the bankruptcy. Amid the most recent century, distinctive univariate or multivariate procedures for evaluating the bankruptcy were proposed, as per the characteristics of population. The need to reestablish the approaches is permanent, as the features of the populaces consistently change. A previous research by (Brà ®ndescu-Olariu, 2016a) conducted over a paired sample of 1176 Romanian organizations demonstrated a general characterization accuracy based on solvency ratio of 67%. According to Chung et al. (2008) cited in Brà ®ndescu-Olariu 2016, p. 258, despite the fact that this level of accuracy leaves imperative space for error, it is viewed as enough to make the solvency ratio a helpful classifier. As the tests were performed over a paired sample (588 bankrupt organizations, 588 non-bankrupt organizations), the ideal cut-off esteem was not viewed as fit for the entire populace (which has a yearly liquidation recurrence of less than 3% and a method of analysis was not arranged. The current review sets to build up an approach for surveying the insolvency chance in light of the solvency ratio, applicable to the entire populace. Albeit different instruments for the assessment of the liquidation risk exist, the procedure proposed will offer data quick, with negligible exertion from the part of the analyst, being in the meantime open to all stakeholders. According to Alaminos, del Castillo, FernaÂndez 2016, p. 3 in the development of models that have attempted to offer strict predictions of bankruptcy, distinct reviews are remarkable, with the greater part of these centering on one specific nation or industry as it were. Using samples of American firms, Odom M, Sharda R (1990) neutral network model figured out how to accomplish a precision of 86.8% with a multiple discriminant analysis (MDA) model and 77.0% with neural networks (NN). Zhou L, Tam KP, Fujita H (2016) accomplished 100% precision amid the preparation stage and 97.5% amid the testing stage with NN. Mossman CE, Bell GG, Swartz LM, Turtle H (1998) embraced a relative investigation of four sorts of bankruptcy prediction models utilizing proportions of financial statement, share performance, share capital, and standard deviations of that execution, accomplishing a classification accuracy of 84.9%. Laitinen EK, Laitinen T (2000) apply a Logit model utilizing data from the two years prior to the liquidation. Shumway T (2001) displayed a model to anticipate the likelihood of insolvency using Logit, with which a 54% classification was accomplished. Philosophov LV, Philosophov VL (2005) created a model for the improvement of the structure of firm capital with the likelihood of bankruptcy as the fundamental prohibitive component. El Kalak I, Hudson R (2016) explored whether size influences the probabilities of liquidation by creating four discrete-time risk models (discrete-time, duration-dependent hazard mode), while also using American firms as a foundation for this. Some of people and analysts also think that quarterly financial statement comes helpful in predicting insolvencies. In general, the reviews have found that interim budgetary information are valuable for prescient purposes (Brown and Niederhoffer [1968]; Reilly, Morgenson, and West [1972]; Coates [1972]; Shashua, Goldschmidt, and Melnik [1973]; Griffin [1977]) cited in Baldwin, Glezen 1992, p. 270. According to Chung, Chen, Lin, Lin, Lin 2015, since the Asian 1997 monetary crises start, numerous well known organizations have generated money related misery. The money related crisis lets financial specialists a chance to lessen certainty. In this way, preventing organization failure is a critical issue in finance and bookkeeping field. Wrong basic leadership in many organizations will bring severe budgetary trouble outcomes. For the most part, directors or financial specialists plan to comprehend working or speculation execution of the organization. Predictions of firm bankruptcy have been broadly contemplated in accounting and finance back in the course of three decades. Keeping in mind to enhance the models, previous researchers put a lot of exertion into empirical studies reviews using conventional statistics techniques as well as recently developed artificial neural system (ANN). In 1966-1980, Beaver (1966), Altman (1968), and Ohlson (1980) were the pioneers of the money related trouble empirical approach. These three papers were the essential references about bankruptcy prediction, however they use distinctive techniques and information. Beaver used univariate analysis to predict crashes of companies. Altman conducted MDA in developing the Z-score model. In addition, Ohlson picked conditional logit analysis to dodge some basic issues related with MDA. Both the MDA display and logit regression model have been generally used as a part of practice and in numerous scholastic reviews. They have been the standard benchmarks for the advance default prediction prob lem. In the present states of economy there is an expanding number of companies that are confronting economic and financial related troubles which may, in some cases, lead to insolvency. The risk of indebtedness, and a rupture of any legally binding obligation, is a signal of financial distress. So as to treat the failure phenomenon, the work done in this area has created models that anticipate all the more precisely the companys financial health (Altman, 1968, 1994; Bardos, 1998; Li and Sun, 2009) cited in Jabeur 2017, p. 197. Since the work of Beaver (1966), many authors have been effective surveyed the risk of corporate failure based on financial analysis. Different tools are accessible to analysts; the most frequently used is the linear segregated analysis and logit model. According to Mohammed 2016, p. 71, for evaluating the budgetary health of a commerce firm, there are loads of systems accessible. Yet, the Altmans Zscore ended up being a solid instrument across the world. This model commits to foresee potential outcomes of insolvency of assembling concerns. There has been evidence that it has 76.9% accurateness in predicting the bankruptcy of the basic specimen (Begley et al. 1996). A study by Altman 1968 (cited in Mohammed 2016, p. 71) characterizes five anticipated variables which can be exercised to test the legitimacy of Multivariate model. The model supports financial ratios. According to Mohammed 2016, p. 71, utilizing financial ratios to foretell liquidation can be correct up to 90%, Chen and Shemerda, 1981). Conclusion To conclude, due to the force of generalization exhibited by the global model, multinational firms really need to emphasize to deal with their own bankruptcy models, applying them to customers, suppliers and the companies in which they have holdings. References Alaminos, D, del Castillo, A, Fernà ¡ndez, Mà  2016, A Global Model for Bankruptcy Prediction, PLoS ONE, vol. 11, no. 11, pp. 1-18. Baldwin, J, Glezen, GW 1992, Bankruptcy Prediction Using Quarterly Financial Statement Data, Journal of Accounting, Auditing Finance, vol. 7, no. 3, pp. 269-285. Ben Jabeur, S 2017, Bankruptcy prediction using Partial Least Squares Logistic Regression, Journal of Retailing Consumer Services, vol. 36, pp. 197-202. BRÃŽNDESCU-OLARIU, D 2016, Assessment of the bankruptcy risk based on the solvency ratio, Theoretical Applied Economics, vol. 23, no. 3, pp. 257-266. Chung, C, Chen, T, Lin, L, Lin, Y, Lin, C 2016, Bankruptcy Prediction Using Cerebellar Model Neural Networks, International Journal of Fuzzy Systems, vol. 18, no. 2, pp. 160-167. Mohammed, S 2016, Bankruptcy Prediction Using the Altman Z-score Model in Oman: A Case Study of Raysut Cement Company SAOG and its subsidiaries, Australasian Accounting Business Finance Journal, vol. 10, no. 4, pp. 70-80.

Guns and Violence Essay -- Argument Argumentative Weapons Arms Essays

Guns and Violence School shootings, gang violence, drive by shootings, murder, and thousands of acts of violence are committed every day. Members of our society criticize their own people for this violence while they continue to sit back and do nothing about it. These acts of violence have many contributing factors. Violence in our country today is escalating because we don't control the distribution of the guns sold. There are not enough restrictions on guns sold legally. The illegal purchase of guns through the black market is out of control. There is not enough education on the usage and storage of guns. There are not many restrictions on the distributions of guns. Guns are sold to any one who is of eighteen years of age or older. There is another restriction; it is called the waiting period. Any one who is willing to wait three to five days to receive their gun can purchase one. The government enforced this law to allow time for the person who is buying the gun to calm down, or come to another resolution than violence. The fact that there are little restrictions on the purchasing of guns leads to much bigger problems. Problems such as school shootings. Many people do not store their guns correctly and this allows children to come in contact with these guns. This often leads to violence. Whether this violence occurs in schools, on the playground, in the streets, or in the children's own bedroom. The guns sold legally to ...

Homosexual Adolescents Essay -- Homosexuality

If one were to identify a time in life when the recognition of a homosexual identity would be most disruptive, adolescence would be at the top of the list. According to psychologist Erik Erikson, adolescence is a time of identity versus confusion. During adolescence, children are exploring their independence and developing a sense of self. Those who receive proper encouragement and reinforcement through personal exploration will emerge from this stage with a strong sense of self and a feeling of independence and control. Those who remain unsure of their beliefs and desires will insecure and confused about themselves and the future (Crain, 2000). The successful completion of these steps can be impeded by identifying one self as a sexual minority. Andrew Sullivan articulates his experience as a homosexual teen in his essay â€Å"What Is A Homosexual?† Homosexual adolescents learn from an early age that â€Å"survival depends on self-concealment (Sullivan, 2008).† Sullivan illustrates the internal struggle of the homosexual adolescent with a powerful statement, stating â€Å"...that which would give him the most meaning is most likely to destroy him in the eyes of others; that the condition of his friendships is the subjugation of himself (Sullivan, 2008).† The use of the word destroy is a haunting acknowledgement to the bullying that occurs throughout our schools and social media sites. The notion that homosexual adolescents don’t simply keep his or her sexual orientation private, but suppress this aspect of his or her being is detrimental to developing a strong sense of self. Sullivan’s description of the experience of growing up as someone â€Å"profoundly different in emotional and psychological makeup† reiterates how challenging it is for... ...elors. Journal of Counseling and Development, 36-40. Crain, W. C. (2000). Theories of Development: Concepts and Applications. Saddle River: Prentice-Hall. Elias, T. D. (2000, January 24). Gays Advance in California. Insight on the News. Knickerbocker, B. (2000, September 11). Election Spotlights Battle Over Gay Rights. The Christian Science Monitor. Raspberry, W. (2000, May 1). Why Not Encourage Monogamy? The Washington Post. Soule, S. A. (2004). Going to the Chapel? Same Sex Marriage Bans in the United States. Social Problems, 453-477. Teicher, S. A. (1999, July 19). Debate Heats up over same sex marriages. The Christian Science Monitor. Teicher, S. A. (1999, December 22). Ruling will stir states on same sex marriages. The Christian Science Monitor. Wood, D. B. (2000, March 2). Protecting marriage or marginalizing homosexuals? The Christian Science Monitor. Homosexual Adolescents Essay -- Homosexuality If one were to identify a time in life when the recognition of a homosexual identity would be most disruptive, adolescence would be at the top of the list. According to psychologist Erik Erikson, adolescence is a time of identity versus confusion. During adolescence, children are exploring their independence and developing a sense of self. Those who receive proper encouragement and reinforcement through personal exploration will emerge from this stage with a strong sense of self and a feeling of independence and control. Those who remain unsure of their beliefs and desires will insecure and confused about themselves and the future (Crain, 2000). The successful completion of these steps can be impeded by identifying one self as a sexual minority. Andrew Sullivan articulates his experience as a homosexual teen in his essay â€Å"What Is A Homosexual?† Homosexual adolescents learn from an early age that â€Å"survival depends on self-concealment (Sullivan, 2008).† Sullivan illustrates the internal struggle of the homosexual adolescent with a powerful statement, stating â€Å"...that which would give him the most meaning is most likely to destroy him in the eyes of others; that the condition of his friendships is the subjugation of himself (Sullivan, 2008).† The use of the word destroy is a haunting acknowledgement to the bullying that occurs throughout our schools and social media sites. The notion that homosexual adolescents don’t simply keep his or her sexual orientation private, but suppress this aspect of his or her being is detrimental to developing a strong sense of self. Sullivan’s description of the experience of growing up as someone â€Å"profoundly different in emotional and psychological makeup† reiterates how challenging it is for... ...elors. Journal of Counseling and Development, 36-40. Crain, W. C. (2000). Theories of Development: Concepts and Applications. Saddle River: Prentice-Hall. Elias, T. D. (2000, January 24). Gays Advance in California. Insight on the News. Knickerbocker, B. (2000, September 11). Election Spotlights Battle Over Gay Rights. The Christian Science Monitor. Raspberry, W. (2000, May 1). Why Not Encourage Monogamy? The Washington Post. Soule, S. A. (2004). Going to the Chapel? Same Sex Marriage Bans in the United States. Social Problems, 453-477. Teicher, S. A. (1999, July 19). Debate Heats up over same sex marriages. The Christian Science Monitor. Teicher, S. A. (1999, December 22). Ruling will stir states on same sex marriages. The Christian Science Monitor. Wood, D. B. (2000, March 2). Protecting marriage or marginalizing homosexuals? The Christian Science Monitor.

War in the Modern World :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  War in the Modern World War has fascinated the minds of the greats throughout history. Its concepts and understandings have been passed on to us through the few surviving works of those, whose lives were touched by war, in an ancient archive. Some saw war as an ordinary, inevitable phenomenon that has a place among natural order of human lives (Jacob Walter), while others interpreted it as devastating and terrible deviation from the natural order of things (W.T. Sherman). Over the course of our archival readings we have learned of war through the records from the Trojans in their leather sandals (Hector), the horsemen of Sherman’s brigades, the WWI soldiers with their new gas shells and machine guns, and eventually through the eyes of the jungle and desert warriors with their booby traps and air strikes. While ways and methods of war have changed with the course of time, people never seemed to have loosened their grip on war as they continued to rise to the call to arms and go to battle to kill and t o die. This is a crucial observation as it allows us to reason that, perhaps, war is an important part of human existence. People eat, sleep, make love, and make war.   Ã‚  Ã‚  Ã‚  Ã‚  Aside from the consistency of its occurrence throughout history, war also fascinates with its complexity, or, more directly—its irony. It could be mesmerizing and adventurous to some participants, and at the same time evil and hellish to others (O’Brian). It combines death, destruction, fear and atrocities unheard of in the times of peace, with courage, loyalty and passion—undoubtedly qualities we all admire. Based on the records of the archive I have come to believe that to best understand this concept of irony one must look at war as at least two conflicts in one. The first one is that of the nation’s leaders. It glorifies war, it tells tales of heroism and bravery and how it is a man’s duty to defend his motherland. The second one is personal war—the struggle with basic human dignity and morality in the face of the forgiving indifference that most soldiers, as evident from the archive, face at war (attitude of Ratâ€⠄¢s friends when he is blow apart, Dulce et Decorum Est). The fact of the matter is that both are right in their unique ways, they simply live in different realms and have different eyes that see war differently.

J.Co Donuts and Coffee Distribution Case Study

After 5 years of continued operation, CO enters the Philippine market and opened Its first branch In SMS Magical. The said company Is owned and managed by Johnny Andrea Group. IV. Statement of the Problem The main problem of J. CO Donuts and Coffee is the consistent long line when ordering prevents the customers from buying. It makes the customers passed off because they are wasting their time and effort falling in a long line. This problem can cause people's dissatisfaction about the product as well as to the store.If not solved s soon as possible, people, as well as the loyal customers, may get tired of the products offered by the company. V. Area of Consideration O. Co Donuts & coffee SOOT Analysis) Strengths J. CO Donuts and Coffee are very famous because of their deferent varieties of delicious doughnuts; J. CO prides itself for creating a life cafe © concept that is vibrant and energetic; stylish yet Interactive and customer-friendly; Also for using only premium ingredients i n its signature range of coffee and chocolate beverages and donuts which appeal to even the most discerning customers.Weaknesses You have to fall in a long line if you want to buy their products; Lack of promotion and activity to develop more loyalty customers; J. CO's Beverages are not preferable because Its size Is smaller compared to other competitors. J. CO Doughnuts are healthier compared to other donuts offered by the competitors. J. CO Doughnuts are more preferable because of its balanced sweetness. When it comes to prices, J. CO Donuts and Coffee has lower prices compared to Crispy Creme.Threats People may get tired of the products if the problems are not solved as soon as Seibel; Loyalty of the customers to the store will start to deteriorate if they're not receiving any fast service, as said people can get tired. VI. Alternative Courses of Action Implement online ordering; online delivery and put up Drive Thrush; As a customer it will be fast and easy for me to buy the pro duct. Implement an order form; It is such a hassle to a customer to make Just â€Å"tour-tour† on what they are going to buy. Continue to build expansions.More branches, more satisfied customers, as well as it can contribute to the advertising of the store. VI'. Recommendation and Conclusion The best solution to the long line in the store is to implement online ordering. With the technology nowadays, it will be more of convenience to the customer if they could just click their order and the boom! There goes their order. It will be fast and easy. Eating those cute doughnuts will not be that time consuming. Therefore, it will make the customers happy. Also, it will keep the loyal customer to be satisfied with the product as well as to the service.

Illustrate the theme of isolation in “Of Mice and Men” by John Steinbeck Essay

In the novel â€Å"Of Mice and Men† which was set in the 1930’s I believe that John Steinbeck Illustrated loneliness and solitude in many places. The seclusion in those times was due to mainly discrimination and injustice. The life of a customary worker would be very difficult, therefore people worked for others on their farms. The wages were not proportional to the amount of labour and in addition the accommodation was barely habitable, this was unjust. The two focal characters George and Lennie have a sturdy bond and companionship. The other characters in the story are missing a true acquaintance and are envious of the two men. They have never before seen two men unite together like that before. All the other characters in the book are all abandoned and dejected apart from Slim. George and Lennie were wedged together through thick and thin, through good and bad and they knew they needed each other. This was revealed as George Said â€Å"Guys like us that live on ranches, are the loneliest guys in the world. † This meaning that if not for each other they would be like the others on the ranch, discontented and lonesome. The others on the ranch had recognised this, as their fellow workers said â€Å"Funny how you an’ him string together. † This had highlighted the unusualness of the situation and the migrant lifestyle of the 1930’s. While the whole ranch suffers from loneliness there are a few individual cases that are emphasised throughout the whole book. There are three main people in the book who suffer, Crooks, Candy and Curleys Wife. They all suffer injustice in the form of prejudice and discrimination. Candy was thought of as an outcast as he has no longer got the physical ability due to his age; and his physical disability does not help his cause. Candy had one true friend nevertheless, his dog. Once the dog was killed by Carlson, Candy was forced to seek friendship in another form. He knew that he was going to be given his marching orders shortly, as he said â€Å"they’ll call me purty soon. † While he was in the bunk house one day, he over heard George and Lennie talk about their lifelong dream. Candy decided to help George and Lennie accomplish their dreams. Candy had presented to facilitate in the form of money and manual labour. This was a move of desperation but worked as the two men accepted Candy’s offer. Candy basically tried to buy friendship, this does not always produce true friends. Crook’s a black man who faced isolation from the racist community. Crooks is not allowed to socially interact with others around him because of his colour which is similar to Lennie’s situation as Lennie was unable to interact with people due to his mental condition. Crook’s is restricted from doing customary things along side the white. He recognises how he has been treated and acts towards the white people who have affronted him how he himself is being treated. Crook’s is also an envious man. He is extremely resentful of George and Lennie’s tight friendship as Crook’s says to Lennie while in the barn together â€Å"well, s’pose, jus s’pose he don’t come back. What’ll you do then? † this was asked because Crook’s did not have any friends and did not know how it would feel to lose them unexpectedly. Knowing that Lennie was mentally ill, Crook’s decided to torture him because he wanted to ease some anger because he was discarded and unwanted by the others. Crook’s is so lonely and striving for a good life he will do anything to live peacefully.

Chapter Reflection

I can definitely see myself using some of the stuff that I read about in this chapter in my true classroom. The first section of this chapter was all about the deferent levels of curriculum integration. I learned that there are three different levels of integration: connected, shared, and partnered. The least complicated of the three is â€Å"connected†, and would lust Involve me, as the teacher, making simple connections between two subject areas.I think that this would involve me looking at two subjects and then finding the common ground that they share so that I could reinforce knowledge from one subject In another. The second level would be â€Å"shared†, which would Involve taking salary incepts in two or more subjects and reinforcing them in each of the subjects. You want to be able to reinforce something in one subject, and do the same thing for the other. The keyword Is â€Å"share†. I learned that the last level, â€Å"partnered†. Is often the mos t difficult. It would be the most difficult because it involves a team of teachers discussing the same big ideas.I think that this would be difficult because each teacher In the team might have a different Idea about what would be best and It might be difficult to keep what is most important at the center of the discussion. Integration can definitely be hard, but it is doable. The next section of the chapter talked about devising your own cross-disciplinary topics. The big thing about this section was the matrix that was included to help us think about cross-disciplinary studies so that we can create our own topic connections.When filling out the matrix, It will become easier to see where commonalities may lie. Some links will come easily to us, but I think that this matrix will definitely be of use to me in the future. Matrixes and tables always have a way of making things easier to observe and understand. This Is Just the most basic, and the rest of the chapter got a little more t echnical and specific with ideas. The next big section of this chapter was about interdisciplinary examples for linking physical education content to other subjects.For math, we could do things like ask students to find their maximum heart rate that they reached after Jumping rope, or ask students about what shapes they can draw using the lines of a basketball court. With language arts, children could read books based on movement or games, which would help students make links with physical education, or we could also have them write â€Å"l can† sentences that talk about things that they can do in the ball below my waist, and by keeping my head up. We could incorporate physical education with science by having the students hop into the air, and then ask them why they come down after they Jump. With social studies, we could do things like ask students how games that we play in the US are different than the way they are played in other countries, or we could ask our students to think about things that they do after school and then whether or not they were available to children 30 years go. It is very important for connections to be made because, when they are, students are more likely to learn and retain information.They're also more likely to learn when they're having fun and enjoying themselves. If we can find a way for them to do this and become more physically fit, then that is always a bonus! The last section of this chapter was about how you can apply classroom study topics to physical education lessons. There were lots of different ideas listed in this section as well. After reading all of the ideas and suggestions that were presented in his chapter, it only confirmed what I believed before. Children are more likely to learn when they're having fun.When you incorporate classroom topics into physical education, children may think they're being given the chance to play when, in reality, they're also learning. The more we can do this, the better! I de finitely plan on using some of the ideas from this section in the future. The ideas put forth in this chapter were very useful to me. I plan on being creative and, in the future, taking some of these ideas and expanding on them to make them my own. I firmly believe that the more active we can get our students, the better.Over to You 1) I would say that I am the most creative in finding a way to make something work. If something doesn't work, I try everything I can to achieve the end result that I want or the ideal end result. Sometimes it may not be the most conventional way of doing things, but my somewhat creative mind gets the Job done that way. I also like making things look pretty, and I have found that I will often find a creative way to make something stand out. I think it definitely has an advantage in finding connections.It will help me look for similarities between two subjects and then find a way to bring them together based on their common ground. I'm a believer that the re is usually always a way to make something work. 2) To find ideas about cross-disciplinary learning, I could talk to my teachers and fellow colleagues, especially those who have been around in the profession longer than a new teacher has. They know what works and what doesn't work, and could be a great source of ideas and advice. Academic Journals could also be a good source of information and ideas. When in bout†¦ Ask! ) You could have students design a game that would make them become more active while, at the same time, helping them to review content that they've learned in the classroom. You want to get your students up and moving in any way that you possibly can. You can also have your students look at how certain popular games here in the US (such as baseball and basketball) might be played differently in other countries, and then have the students attempt to play the games being physically active. 4) I think that, for me, it would be easier to take classroom epics and apply them to physical education lessons.I could take my students on nature walks. I could also strive to plan more lessons and activities for the classroom that would get them to become more active. I think it's definitely easier for me to incorporate physical education into the classroom. It gives me an avenue through which I can be very creative, and I love that. I also think that it would help me to become more active as well, as I would have to kind of go through the motions to find out what would work best with my students and what wouldn't.

Principles

Airdrop is the act of extracting cargo out of the back of the airplane while the airplane is flying. The loaders section consists of 30 session ready airman. In order to accomplish this mission every member of the airlift squadron must remain current on all training items. Every six months there are a number of training events that must take place for every member. Without accomplishing each event, the member becomes â€Å"not mission ready† and this, in turn effects the entire squadron.In order to keep everyone mission ready, the chief loaders, Scams Ballard, schedules weekly flying for everyone in the unit. Each member can accomplish a limited number of tasks per flight, so in order to accomplish the entire list of acquirement, a member must fly nearly once every two weeks. This unit, being an Air National Guard unit has its limitations as most members have outside full-time jobs and have limited availability. This makes scheduling difficult for Scams Ballard because it is h is job to ensure everyone is mission ready.Managers abilities (Planning, Organizing, Directing, Controlling) â€Å"Planning is the logical thinking through goals and making the decision as to what needs to be accomplished in order to reach the section's, department's or organization's objectives. Organization is a matter of appointing individuals to assignments or responsibilities that blend together to develop one purpose, to accomplish the goals. It is supervising, or leading workers to accomplish the goals of the organization. The process that guarantees plans are being implemented properly is the controlling process (Trident University, n,d). Scams Ballard is a great manager and leader. He oversees 30 members of our unit in every aspect of the workplace. He delegates certain areas to other supervisors in the unit; like medical readiness, the seasoning training program, safety, and other areas. Scams Ballard plans the schedule for our nit so that everyone remains mission ready a nd readily deployable. Deploying overseas to help other forces is the most important aspect of our job. Scams Ballard also ensures that members who have been flying for a while help out the newest members.The squadron has yearly flight evaluations that must be planned and scheduled so that our unit can ensure everyone knows how to do their job the right way. Scams Ballard and 2 other high ranking members of our unit act as flight evaluators. If during a flight they feel that a member isn't being safe or doing their job correctly, he can immediately disqualify that member from flying. If a member fails his/her evaluation they must fly with an instructor and start the process of becoming re-qualified over a long period.Scams Ballard is also in charge of assigning annual training days for each member. In the Air National Guard, each member is required to have 15 days of active duty training (part of the one weekend a month and two weeks a year slogan). He notifies everyone that they ca n schedule those annual training days and everyone submits their requested days. He is in charge of ensuring everyone shows up on time and is available to accomplish squadron tasks. Department Issues There are a few issues in the department but the biggest area of concern is keeping everyone mission ready.Performing in-flight tasks is at the discretion of the member, as they are required to submit availability sheets to Scams Ballard, so that he knows when people are available. For example, if airdrops are only performed on Tuesdays and Thursdays and the member is only available on Wednesdays, it will be difficult to keep that person up to date. There are other areas, like computer based training, that everyone in the Air Force has to accomplish, but these are additional items on top of our light requirements that Scams Ballard must keep track of.A second issue is the availability of aircraft to perform required tasks. The airplanes at the squadron are nearly 20 years Old, and are s tarting to wear down. This means more time in the maintenance shop being fixed and repaired. The more time an airplane spends in the hangar, the less time members of the unit get to fly it. Principles This work was made in order to explain the principles of economics that is handled in society or a country. People, companies, the government and society must face a common problem: managing scarce resources. Scarcity means that society has limited resources and therefore can not produce all the goods and services that people want to have (unlimited wants). To address the shortage must choose between different alternatives available (go to the stadium or a party, buy a coat or a suit) . The economy is the social science that studies the choices that individuals, genuineness, government and society made to face shortages.It is based on ten principles grouped as follows. Objectives What kind of questions about the economy? How individuals make decisions? How do the Individuals? How does the economy as a whole? ECONOMIC PRINCIPLES The principles of economics are based on ten principles grouped as follows: Group 1: Principles that govern how Individuals make decisions. Else they want. M aking decisions is choosing between two objectives. If a student studies, it is leaving a few hours of sleep. If a parent buys food, you are not buying someone else's reduce.When they decide to spend an additional weight in a well, are having a weight less to spend on other goods or services. Individuals are grouped to form companies which also face these dilemmas. Example, buy more weapons for national defense or increase public spending to improve wages or offer better education. In developing an economic policy, society is faced with the dilemma between efficiency and equity, ‘e, thinning the most of scarce resources and the equitable sharing of the benefits of these resources among its members. 2 The cost of something is what is forgone to obtain it.As individuals face tradeoffs, making decisions should compare the costs and benefits of different alternatives. While determining a benefit is relatively obvious, appears equal to the event cost. Consider for example the decis ion to study (in college or high school). The benefits of this decision can be summarized as intellectual enrichment and a better employment opportunities after graduation. Among the costs have the monetary cost of tuition, fees, food, transportation, photocopying, books and materials that will address over the years of study, but in addition we must consider the use of time devoted to study.The valuation of this time corresponds to the higher salary that would have earned by working instead of studying. This is what is known as opportunity cost alternative higher value that is left to do to get something (in other words, what you give up is the cost of what we get). 3 Rational people think at the margin. Manama describes the desire for a rational person to buy a good as if it were based on the marginal surplus that person would bring an extra element. Manama points out the difference in value between water and diamonds.A marginal increase in the water supply of a person rarely invo lves a significant cost to that person. On the Usually the decisions that individuals make are not only two aspects, there is a range of possibilities. So a student does not choose between studying for a contest O hours or 24 hours a day, choose an intermediate time. These small additional adjustments to a plan of action are known as marginal changes. Individuals and companies can make better decisions thinking at the margin. A decision is rational only if the marginal benefit involved is greater than the marginal cost.Suppose that an airline must decide how much to charge passengers for a flight between Santiago and Miami. Suppose the round trip on a plane with a capacity of 200 seats is $ 900,000. In this case, the average cost per seat is $ 4,500. One might be tempted in this case to conclude that the airline should not sell tickets at prices below $ 4. 500. Sin But the airline can increase profits marginally thinking. Suppose the flight is about to leave with 20 empty seats, and suppose there is a passenger waiting to take the plane and is willing to pay $ 3,000 for it.Should the airline sell you a ticket? Of course you do. If the plane has empty seats, the cost of adding a passenger is negligible: although the average cost is $ 4,500, the marginal cost is simply the food that the extra passenger will consume. So, while the passenger was willing to pay more than the marginal cost, selling a ticket is profitable. 4 People respond to incentives. Individuals decide comparing costs and benefits, but their behavior may change if the costs and benefits change.Example, if you raise the price of a kilo of apples this becomes an incentive to buy pears. If the government maintains the fuel tax is an incentive to increase purchases of cheap cars. Group 2: Principles relating to the way in which individuals interact. Trade can improve the welfare of each individual. This is because there specialization. A family may decide to move in the field and build your home, gro w food, raise cattle, produce wool and leather to make clothing, etc. But not everyone has the skills to perform all those tasks which makes the action is inefficient.That's why there is trade (between individuals, businesses, countries) where each actor specializes in what it does best and this eventually leads to there being a greater quantity and variety of goods and services at lower cost as their production is efficient (so there Fats) 6. Arrests are a good way to organize economic activity. Currently the market economy has shifted to centralized economies, IEEE those in which the central government planning models determined what occurred, who did it, how much and who consumed him.The market economy involves the decisions of millions of individuals and businesses. People decide what to buy with their incomes and firms decide what to produce. These individuals and firms interacting in markets for goods and services where prices and self-interest guide their decisions. As stated in the above principle, the markets are good regulators of economic activity, over at times the state should intervene to promote efficiency and equity. This happens when â€Å"market failures† which are situations in which the market alone does not efficiently allocate resources are presented.Externalities and market power are two examples of market failures. Externalities are consequences that the action of an individual or company has on the welfare of another individual or company. Example is pollution; a company in the production process pollutes not try to decrease unless the State applies fines for polluting. Market power, meanwhile, is defined as the ability of an agent or a small group of them to significantly influence market prices. This is the case of monopolies, oligopolies, monopoly (ANSI, Arafat) and oligopolies (supermarkets who buy vegetables to farmers).Group 3: principles of how the economy works as a whole. 8 The standard of living of a country depends on its ability to produce goods and services. Productivity levels, IEEE, the amount of goods and services produced for each hour of work are key determinant of living standards of the countries. Thus, a country with high productivity will have more products and its people have more clothes, more DOD, more cars, etc. , which makes your standard of living is high compared to countries with low productivity where the supply of products is lower.This leads us to note that the growth rate of productivity of a country determines the growth rate of its average income. Obviously that productivity is not the only determinant of quality of life, but the most important. Others are public policies that foster education, technology acquisition, training of employees, etc. 9 Prices rise when the government prints too much money. A government decides to increase the amount of money when it is not able to solve TTS spending to revenues (taxes, patents, etc. , the problem is that this leads to inflati on, IEEE the increase in the general level of prices in the economy . A high and prolonged inflation imposes some costs on society, so keep at a low level is a goal of those responsible for the economic policy of a government (and worldwide). 10 Society faces a short-run tradeoff between inflation and unemployment. The inflation problem could be solved if the government reduces the amount of money in the economy, but the solution is not really as simple as closely (inversely) with inflation is unemployment.This is reflected in the Phillips curve: If the overspent decides to actually decrease the amount of money in order to reduce inflation, a general fall in prices (more lengthen the short term), resulting in a drop in occurs corporate income, if this happens, companies will seek to decrease their costs financial management conclusion In conclusion this work we did with the learning or understanding of economic principles which are governed in a country that are 10 principles to con sider in a given economy, we will see a summary of each of them, to know . People face tradeoffs. To have something, we usually sacrifice something else, either time, money or other sources. 2 The Cost of Something is what you give up to get. Everything has a cost and a benefit. Our decisions will compare these costs and benefits between the alternatives. Here comes the issue of opportunity cost, which basically refers to what you give up to get something else. 3 Rational People Think at the Margin. People make decisions by comparing costs and benefits in terms of margin.This involves knowing the benefits and costs of each decision alternative. 4 The People Respond to Incentives. Marginal changes in costs or benefits motivate people to respond. Then decisions will sake an alternative when the marginal benefit is greater than marginal cost. 5 The Exchange can make everyone better. People earn for their ability to exchange something for something else. This exchange allows people can specialize in what it does best. Markets are Usually a Good Way To Organize Economic Activity. In a market economy there is a relationship between the families and businesses. On the one hand families decide what they will buy and who will work for this and on the other hand businesses decide what will be produced and who will hire for this. 7 Governments sometimes can improve economic performance. When markets fail, the government can intervene to promote efficiency and equity.