The Effect of High Frequency Trading Systems on Financial Markets Essay

While liquidity assumes a focal job in the working of money related markets, it is instability that can be genuinely unfavorable. In spite of practically all inclusive understanding among scholastics that HFT improves costs for financial specialists and hoses unpredictability in value markets, since the sixth of May 2010 the part has gone under extreme examination from controllers. On a day portrayed as the ‘Flash Crash’, the U.S financial exchange experienced one of the most serious value drops in its history. In the matter of five minutes, the Dow Jones Industrial Index declined by 900, and afterward recovered the recoil of those misfortunes inside the following 15 minutes. This extraordinary and unexplained instability has terminated open discussion from that point onward. In the repercussions of the US ‘Flash Crash’, controllers rushed to nail fault to HFT. Inside seven days the director of the US Securities and Exchange Commission decided there was proof that â€Å"professional liquidity providers† pulled out of the market when offers began declining compounding the fall. Maybe unreasonably, policymakers with no noteworthy proof trust HFTs pull out of business sectors at indications of stress, adding to an abrupt loss of liquidity and advancing instability (Grant, 2011).Moreover, Andrew Haldane focuses to the ‘flash crash’ whens he discovers that the regularly speeding up exchanging is enhancing unpredictability. As I would see it, in the fallout of the budgetary emergency when controllers got so much analysis, I accept they believe they should act quickly, regardless of whether they don’t know the genuine issue. I consider this apparent from calls for expanded HFT guideline from US Senator Charles Schumer, who puts together his sentiment with respect to late news reports (Zerohedge. 2010), as opposed to scholarly research or logical re... ...ttp://blogs.wsj.com/marketbeat/2009/12/08/volcker-acclaims the-atm-impacts account executives specialists/. Last got to 04/12/11. Jones, R. (2010). Institutional Investor: Flash Crash and CyberWar. Accessible: http://hftsecurityrisk.com/class/streak crash-explicit/. Last got to 04/12/11. Pagnotta, E and Philippon, T. (2010). The Welfare Effects of Financial Innovation: High Frequency Trading in Equity Markets. Accessible: https://editorialexpress.com/cgi-container/gathering/download.cgi?db_name=SED2011&paper_id=1246. Last got to 04/12/11. Mackenzie, M and Demos, T. (2011). Fears wait of new ‘flash crash’. Accessible: http://www.ft.com/cms/s/0/d18f3d28-7735-11e0-aed6-00144feabdc0.html#axzz1fPJAVyJm. Last got to 04/12/11. Geithner, T. (2007). Liquidity and Financial Markets. Accessible: http://www.newyorkfed.org/newsevents/discourses/2007/gei070228.html. Last got to 05/12/11.

Graffiti Art

Brandon Salcido Art Graffiti is characterized as the demonstration of engraving or drawing on dividers to impart a message to the overall population. The term originates from the Greek expression â€Å"Graphein,† which implies ‘to compose. ‘ It has been around since men first began attracting pictures quite a while. The inquiry with regards to whether any types of spray painting can be viewed as craftsmanship is dubious. Is it vandalism when it is put on a structure or vehicle and craftsmanship when it is on a canvas on somebody's divider or in an exhibition; what’s the distinction? Spray painting can be viewed as workmanship since it contains aesthetic components. It imparts the craftsman's demeanor to the watcher, and the conventional workmanship network has just acknowledged it. Since the base of the word â€Å"graffiti† is â€Å"to write,† then it very well may be deciphered as a human requirement for correspondence. Thought processes in delivering this workmanship shift gigantically from craftsman to craftsman. Spray painting craftsmen who are attracted to the fine art for singular articulation are significantly more imaginative with their work. They go to it since they accept that the hip-bounce style is the nearest portrayal of who they are as an individual. This sort of craftsman as a rule attempts to ace many-sided plans of spray painting that state something other than their road names, however offer extremely engaging feel. Without a superior comprehension of why specialists go to spray painting, it isn't astounding that the normal individual's picture of this kind of craftsman is a long way from precise. A greater part of individuals will in general partner spray painting with vandalism. They think most about these specialists are hooligans or pack bangers with nothing better to do with their time, when insights currently show that more than one-portion of spray painting craftsmen originate from white center and high society homes in the rural regions. Vandalism and spray painting get from altogether different thought processes and situations. I accept there is a scarce difference between the two.

The Critical Reader on MarketWatch test prep on a budget ( more tutoring isnt always better)

A couple of weeks ago, MarketWatch reporter Charles Passy contacted me about the process of doing SAT/ACT prep  on a budget, and we had an impromptu and delightful  conversation about the test-prep process and the changes its undergone over the last couple of decades. While Im thrilled to see this site  mentioned in his article as a source of free test prep, I also realize there wasnt room for him to include much of what we discussed. Hence this post. (For the record, I know Ive been away for a while, but I finally got started on trying to revise my SAT grammar book for the new test in 2016, and, well, lets just say its been eating up a lot of my time†¦) Anyway, my  conversation with Mr. Passy certainly wasnt the first one  Ive had about low-budge test prep, but during and after our conversation, a couple of things occurred to me. An awful lot of fuss gets made about the correlation between test scores and socio-economic status, and while I am in absolutely no way denying  the very real and stark macro-level educational disparities that correlation reflects, I also think there are some nuances that often get missed. (I know,  nuances get missed in the sound-bite/twitter-ized popular media   how difficult to imagine!) The usual media story goes something like this:  you hire a high-priced tutor, pay them some ungodly sum, the tutor teaches the kid some tricks, and wham! the kids score goes up a couple of hundred points. That makes for a convenient narrative, but the truth is a little more complicated. Now, to be fair, tutoring does occasionally  work like that, but usually only for kids who were scoring pretty well in the first place. They just needed to hear someone say  one or two things that would make it all click into place. They didnt need help learning to identify prepositional phrases  or main ideas, and they certainly didnt stumble over the pronunciation of  common words. Some of them could have  ultimately have figured things out even without a tutor. For all those kids who improve by huge amounts, there are others who dutifully go to tutoring week in and week out,  sometimes for months on end, and come out barely better (or worse) than they were at the start even with a very competent tutor, a category that I would like to think includes moi. More tutoring is always better, right? a parent wrote to me in an email recently, nervous about what she could afford. Well, no actually. Sometimes more is not better. Sometimes more is worse. Sometimes more backfires, and the kid just wants to be left alone. Sometimes the kid doesnt really  make that much of an effort. Sometimes the kid has so many holes in their foundational knowledge that they cant get to a point where they can integrate and apply new knowledge under pressure, on the fly. It all depends on where the student is starting from, where they want to get to, and how much theyre willing to put in. And so on. When  it comes to standardized test scores  and income, people tend to assume that  the correlation is  invariably linear, up to the highest levels: that is, a student from a family earning $250,000/year will automatically score better than a student from a family scoring $100,000/year, who will in turn always score better than a student from a family earning $75,000/year, and so on. Reasonably, they therefore assume that a student from a family earning, say $5 million/year is pretty much guaranteed to  reach the highest echelons of SAT or ACT score-dom, and one from a family at the tip-top of the 1% is pretty much guaranteed a perfect score. Interestingly, this is the exact opposite of  my personal experience. Almost all of  my  weakest students have come from the most well-off families. And by well off, I mean Upper East Side townhouse/penthouse/house in the Hamptons wealthy. Some of them had been tutored in every subject, for years.  Not coincidentally,  they tended to have a lot of gadgets but not many books. Often their vocabularies were staggeringly weak. Staggeringly. As in, you would probably not believe me if I told you the words they didnt know.  They were so used to being spoon-fed that they simply did not know how to figure things out on their own, and there were no real stakes for them. Theyd continue to be equally privileged whether they attended Muhlenberg or NYU. My relatively strong students have tended  to be from  well-off but not extraordinarily wealthy families. They had houses and nice things and vacations, but they  also had some exposure to the world of ideas. Often they were  willing to put in a moderate amount of work, but  they lacked a realistic conception of effort relative to payoff. My strongest students have been from  from families that truly valued  learning.  Regardless of how much money they had, they were  willing to spend on education (though granted none of them could be called poor). A number of them were from immigrant families, and some did not learn English until relatively late. But they were  willing to accept that they didnt know everything already, and they worked  hard. Then there are the kids who cant afford tutoring at all or who dont want their parents to shell out for  tutors   who simply buy my books, sit down with them diligently for a couple of months, and get perfect or near-perfect scores. I know they exist because they sometimes send me emails thanking me. Those emails make my day. These kids are the ones that  gets overlooked in all the discussions about scores and socio-economic status. Some of them  do spend hours combing this site and PWN the SAT and Erik the Red and College Confidential tracking down the answer to every last Blue Book question and pull their scores into the stratosphere. Yes, they are comparatively few, but they exist, and sometimes they actually learn a lot in the process. Dont their accomplishments deserve some  recognition too?

Kurt Vonnegut’s Slaughterhouse-Five Essays - 3848 Words

Kurt Vonnegut’s Slaughterhouse-Five Great artists have the ability to step back from society and see the absurd circus that their world has become. Such satirists use their creative work to reveal the comic elements of an absurd world and incite a change in society; examples include Stanley Kubrick’s film, Dr. Strangelove, and Joseph Heller’s novel, Catch-22. Both works rose above their more serious counterparts to capture the critical voice of a generation dissatisfied with a nation of warmongers. Completing this triumvirate of anti-war classics is Kurt Vonnegut’s novel, Slaughterhouse-Five. Infusing his social commentary with science fiction, satire, bizarre characters, and the problem of death, Vonnegut creates one of the†¦show more content†¦This experience, above all other wartime horrors, changed the writer-to-be’s perspective on warfare and the human condition that causes it. Vonnegut returned home from the war and worked with General Electric before striking success with his writing. Throughout the 50s and 60s he published such classic novels as Player Piano, The Sirens of Titan, and Cat’s Cradle. His work landed him moderate success and a three-book contract, as well as a Guggenheim Fellowship that gave Vonnegut the time and money to revisit his nightmares in Dresden. Writing with his typical mix of the morbid and mundane Vonnegut says, â€Å"[Dresden] looked a lot like Dayton, Ohio, more open spaces†¦there must be tons of human bone meal in the ground† (Slaughterhouse-Five 1). Vonnegut later addressed the English responsible with a more vindictive passion: â€Å"You guys burnt that place down, turned it into a single column of flame. More people died there in that firestorm, in that one big flame, than died in Hiroshima and Nagasaki combined† (qtd. in Rense). Vonnegut saw a â€Å"mountain of dead people† in Dresden. â€Å"That makes you thoughtful,† he said; â€Å"It†¦made†¦you think about†¦death† (qtd. in Roloff). Years passed during which Vonnegut grappled with these thoughts of the Dresden problem and the fact that â€Å"there is nothing intelligent to say about a massacre† (Vonnegut, Slaughterhouse-Five 24). Finally, in 1969 Vonnegut published his anti-war masterpiece under the title of his prison address inShow MoreRelatedKurt Vonneguts Slaughterhouse-Five Essay1311 Words   |  6 PagesI. Author- Kurt Vonnegut’s background had an endless influence upon his writing. In his early years, Vonnegut was a private in the 106th infantry division in World War II. He and five scouts were caught behind enemy lines, and then captured. They were held POWs and were beaten on various occasions. In 1945, they witnessed the fire-bombing of Dresden, Germany. Kept during this time in a slaughterhouse, this is part of the inspiration for Slaughterhouse-five. After being released from the SlaughterhouseRead MoreEssay on Kurt Vonneguts Slaughterhouse-Five2118 Words   |  9 PagesSlaughterhousefive Slaughterhouse-Five, by Kurt Vonnegut, Jr., was written as a general statement against all wars. Vonnegut focuses on the shock and outrage over the havoc and destruction man is capable of wreaking in the name of what he labels a worthy cause, while learning to understand and accept these horrors and ones feelings about them. Through his character, Billy Pilgrim, he conveys not only these feelings and emotions, but also the message that we must exercise our free will to alterRead MoreMorality Of The Youth In Kurt Vonneguts Slaughterhouse-Five1088 Words   |  5 Pagesthat goal is equality, both of the genders and of the races. Kurt Vonnegut writes about the youth in Slaughterhouse-Five and their mission. Yet these motivational sources differ a large amount from those of the current day. Their task, war. The youth in Vonnegut’s novel are naive children, sheep following their shepherd. Without these misguided young adults, the machinery of war would grind to a halt. In Kurt Vo nnegut’s Slaughterhouse-Five youth such as Billy Pilgrim, the protagonist, make up theRead More Kurt Vonneguts Slaughterhouse-Five and Breakfast of Champions3313 Words   |  14 PagesKurt Vonneguts Slaughterhouse-Five and Breakfast of Champions Who would have ever thought the way a radioactive particle decays would relate to whether or not we have bad attitudes towards life? Who would have ever suspected that the structure of space-time would be so closely linked to whether or not we would marry rich wives? And who indeed would have ever expected that the properties of light might affect whether or not we go on homicidal rampages? Perhaps Kurt Vonnegut did. Could itRead MoreA Sardonic Novel, Kurt Vonnegut’s â€Å"Slaughterhouse Five736 Words   |  3 PagesKurt Vonnegut’s â€Å"Slaughterhouse Five† is a sardonic novel chronicling the experiences of Billy Pilgrim, a World War II veteran, survivor of the Dresden firebombing, and protagonist of the novel. Billy is a very unreliable narrator who has become â€Å"unstuck in time†. Billy is constantly journeying through time; at one moment he’s a flourishing optometrist and the next he’s a prisoner of war in Germany. Billy is forced to deal with an existential crisis presented forth by the great destruction he witnessesRead MoreEssay on Coping Mechanisms in Kurt Vonnegut’s Slaughterhouse-Five1679 Words   |  7 Pages People react differently to tragedies: some mourn, some speak up, and some avoid the sorrow. In Slaughterhouse-Five, Kurt Vonnegut suggests the danger and inhumanity of turning away from the discomfort by introducing Billy Pilgrim as someone who is badly affected by the aftermath of the Dresden bombing, and the Tralfamadorians as the aliens who provide an easy solution to Billy. It is simpler to avoid something as tragic as death, but Vonnegut stresses the importance of confronting it. VonnegutRead MoreKurt Vonnegut’s Slaughterhouse-Five -- A Great American Novel1383 Words   |  6 Pagesentirety. In his novel, Slaughterhouse-Five, Kurt Vonnegut writes about war and its destructiveness. Vonnegut tells the story of Billy Pilgrim, an unlikely hero, mentally scarred by World War Two. Kurt Vonnegut explains how war is so devastating it can ruin a person forever. These are topics that are reoccurring in American history and have a relevance to the American people thus making K urt Vonnegut’s Slaughterhouse-Five a Great American Novel. After serving in World War Two, Kurt Vonnegut wrote Slaughterhouse-FiveRead More War and Heroism in Kurt Vonneguts Slaughterhouse Five Essay768 Words   |  4 Pagesnations.† War, can also be viewed with romantic ideals where heroes and legends are born. Even the most intelligent of us hold some rather naà ¯ve notions of war. Upon reading Kurt Vonnegut’s Slaughterhouse Five, intelligent readers have been divested of any romantic notions regarding war they may have harboured. In Slaughterhouse Five the reader is encouraged to show contempt for war and to abandon all hopes of thinking war as a place where deeds of heroism are and bravery are performed. A characterRead MoreFate in Kurt Vonnegut’s Novel, Slaughterhouse-Five Essay522 Words   |  3 Pagesâ€Å"Fate is a misconception, its only a cover-up for the fact you dont have control over your own life.† –Anonymous. In Kurt Vonnegut’s novel, Slaughterhouse-five, an optometrist named Billy Pilgrim becomes unstuck in time uncontrollably and constantly travels between his past, present, and future. Since Pilgrim is unable to control his time warps, he is forced to re-live agonizing moments such as watching his wartime friend Edgar Derby executed for stealing or going through the Dresden bombing repeatedlyRead More Comic and Tragic Elements in Kurt Vonneguts Slaughterhouse Five1485 Words   |  6 PagesComic and Tragic Elements in Slaughterhouse Five    Slaughterhouse-Five, by Kurt Vonnegut Jr., is the tale of a World War II soldier, Billy Pilgrim. His wartime experiences and their effects lead him to the ultimate conclusion that war is unexplainable. To portray this effectively, Vonnegut presents the story in two dimensions: historical and science-fiction. The irrationality of war is emphasized in each dimension by contrasts in its comic and tragic elements. The historical seriousness

Effective Communication A Non Injury Claims - 817 Words

Within the position I have, A Non-Injury Claims Adjuster, I think that the main thing is being able to listen a communicate all relevant information. Although everyone has different ways in which they communicate, the only correct communication to me is effective communication. Without effective communication, many things can be passed on that are not true or that get twisted in some form of way. Recently, my team had an issue where something was said about vacation days not being available during a certain time of the year and because no one wanted to bring the issue to upper management, the issue was never resolved and at the last minute people were trying to take vacation at the same time. If someone would have brought the issue to upper management and asked for clarification, then the entire problem could have been avoided with the right communication. Grapevine I think that some of the best information is heard through the grapevine even if it’s not the best news or information but some part of the information has to be true or else it wouldn’t have been passed down. An example of where information that was passed through the grapevine was job openings for a certain position within Nationwide Insurance. Although the rumors came from those who already knew about the positions such as managers and employees already working in that department, there still wasn’t any time frame on when the hiring was going to take place and how many positions were open. I know for me IShow MoreRelatedWorkplace Safety : Safety And Safety918 Words   |  4 Pageshazards; safety goals, objectives and program audits; safety tracking and metrics; identification of hazards and control; safety education, training and communications. Talking about workplace safety, it is necessary to mention health and safety hazards. According to definition of Rajagopal J., â€Å"a ‘hazard’ is something that in itself may cause harm or injury.† (Rajagopal, 2009).Workplace hazards include moving parts of machinery, flammable or toxic substances and lifting heavy things. Also hazards can beRead MoreForensic Accountants Essay1744 Words   |  7 PagesCertain government agencies have established core competency frameworks that a forensic accountant student’s must demonstrate. Some of these skills include strategic critical thinking, problem solving/decision making, leadership, interpersonal and communication skills, and professional and ethical behavior. Strategic critical thinking is the ability to link data, knowledge, and insight together from various disciplines to provide information for making a decision and communicate a vision, strategy, goalsRead MoreTreating Autism Spectrum Disorders1025 Words   |  5 Pagesclass of developmental brain disorders with symptoms that range widely with each affected individual. Autism is a disorder that varies in severity of social interaction and communication that can benefit from the help of different types of treatment. Asperger syndrome, Rett syndrome, autism, pervasive development disorder, and non pervasive developmental disorder are disorders on the autism spectrum with differing levels of intensity. Treatments for autism include medications, special diets, and psychologicalRead MoreThe Importance Of Communication1210 Words   |  5 Pagesimportance of good communication skills. Most college students are familiar with the aspect of good communication, but everyone seems to avoid exp laining poor communication in detail. I believe the best way to practice good communication is to understand what poor communication is and to analyze how you may be practicing poor communication without proper knowledge. We use communication to express our thoughts and opinions. Communication takes place in many methods the main method of communication includesRead MoreThe Accident Compensation Corporation ( Acc ) And Case Management Society Of America1842 Words   |  8 Pagesclient and/ or family s comprehensive health needs, this is achieved through communication and finding cost effective resources available to help promote the quality of a person’s life (CMSA, 1990). New Zealand healthcare has a system that deals with accident and compensation only, this organisation was founded in 1974 and it’s called ACC (Accident Compensation Corporation). ACC deals with New Zealand’s accident or injury by helping treat and rehabilitate the affected claimant. ACC organisation isRead MoreLeadership in Crisis Situation1566 Words   |  7 PagesOn April 20, 2010 the Deep Water Horizon drilling unit operated by British Petroleum (BP) experienced a catastrophic explosion, resulting in 11 casualties, 15 serious injuries, and an uncontrolled discharge of crude oil into the Gulf of Mexico for the next 3 months. Countless number of livelihoods that relied on the gulf’s ecosystem was indelibly marred by the environmental disaster, costing billions in damages that are still being accounted more than 2 years later. During the crisis, many differingRead MoreOrganizational Leadership as Correlate of Absenteeism at Work Station1724 Words   |  7 Page sFailure of scientific management gave birth to human relation movement. It was founded on more emphasis on workers cooperation and moral. The study of human relations is not a new phenomenon. It got recognition in business, production still continued to claim dominating place in business operation. Production still preceded worker in order of its focus on business organization. Human aspects of work such as decent hours of work, fair wages, good working condition were essential for industrial growth ofRead MoreThe Impact Of Health Information On Individuals, Professionals, And Organizations Essay1339 Words   |  6 Pagesinformation is an important source of information and evidence when the services provided are communicated in legal and professional documentation. It is a documentation which is a legal requirement and a record of the beneficiary’ care as well as a communication vehicle between other disciplines and providers. It not only ensures the services provided to individuals but is a crucial tool to support reimbursement of services and a basis for research. Incomplete and improper documentation potentially mayRead MoreChild Maltreatment And Its Effects On Children1640 Words   |  7 Pagesthe emotions of each event. For some, life is more tragic than others and starts earlier than others. Children in particular are vulnerable to these tra gic events because they are unable to properly defend themselves, depending on their size and communication ability. Child abuse and neglect are problems that are happening to children all across the world. David Pelzer, author of the autobiographic book A Child Called It, was an American child who experienced child abuse and is still feelings its effectsRead MoreThe Exclusion Clause Of Sfl1694 Words   |  7 PagesHoughton) and statutory controls. In order to answer Part 2, it will necessary to structure an exception clause for SFL to avoid any future claims of consumers. Research into the Unfair Contract Terms Act 1977 (â€Å"UCTA†) and Consumer Rights Act 2015 (â€Å"CRA†) should be analysed. This essay will substantiate the view that the exclusion clause of SFL was invalid, therefore, a claim from Maz Supermarket would be entirely justified. On behalf of Part 2, the upcoming clause will protect the business for any consumer

Health Care Management U.S. Health Care

Question: Describe about evolution of health care in United States, major characteristics of US health care system, major type of healthcare professionals, technologists and therapists. Answer: Evolution of health care in United States Conveyance of health care services has progressed significantly in the United States, in the past century. It has considerably evolved from elementary and family oriented art to a service driven by technology now a large business of the nation. Major characteristics of US health care system The United States claims to have an authentic system of health care services in comparison to the other developed countries across the globe. Various subsystems of the US take up the responsibility to deliver health care services which are developed by market forces, or cater to the needs of special populations (Beckfield, Olafsdottir Sosnaud , 2013). The US healthcare industry has provided employment to over 14.4million people and counting, ranging from suppliers and providers for healthcare facilities, payers and insurers. The rehabilitation services provided by the speech, occupational and physical therapists are more than 410,000. Over 195 million people are covered under private healthcare insurance, and 105 million from the insurance of public health care like Medicaid and Medicare. The sector for private health care includes over 452 health care providing organizations and 905 preferred provider organizations for health care (Shi Singh, 2015). Managed Care this system mainly aims at the functional efficacy by aggregating the fundamental principles of delivery of health care. Military this system attends to the healthcare system of all the military personnel. It is a system which integrates medical care with health of the public. It is a planned, manipulative and concrete service, which incorporates preventive measures provided by the professionals of health care. Sub system for special populations The special populations refers to those individuals who are more prone to diseases, but does not have sufficient resources to pay for them. They are provided care through the various health insuring programs for the public, health care centers and free clinics. Integrated Delivery It demonstrates the types of possession and correlations between the hospitals and the health care organizations. It incorporates groups of organizations into a chain or network which attends to the health care needs of the population in a coordinated manner. Long term care- This system comprises the non medical as well as the medical care, which are provided to old and disabled individuals. Public health system This system aims to promote and safeguard the health of the community. Major type of healthcare professionals The major professionals dedicated to health care services include- Physicians- They are the people, who help in diagnosing persons anomalies in health, evaluate the condition of health in people and provide with a prescribed treatment. Dentists They diagnose and treat issues related to the oral health. Their major specializations include- dentists, orthodontists and oral surgeons. Pharmacists Their main responsibility is to supply and distribute the medicines suggested by the dentists, physicians and podiatrists. Nurses- The maximum number of health care professionals dedicates their careers to the nursing services. They are the caretakers of the injured and sick. Non physician practitioners- They are professionals similar to physicians, but do not possess DO or MD degree. They undergo a reduced advancement in training than physicians. Allied Health Professionals- This sector includes a lot other areas which are health related, and represents about 60% of the work force in health care of the US such as, graduates and post graduates and doctoral level trainees in health care ("Allied health services", 2016). Technologists and therapists They help in the diagnosis of the health anomalies in patients, for example physiotherapists. Public health professionals- They aim to build a healthy environment for the community entirely. They are dedicated to diverse professions as social scientists, lawyers, environmentalists and administrators. Administrators for health services They are usually associated with the governing bodies of diverse organizations that deliver and promote health services. Major type of health care settings Outpatient hospitals-Care of outpatients is not dependent of the services provided by the healthcare institutions. The services provided by the outpatient settings include- Opportunities for private practice Clinics for hospital outpatients Independent health care facilities Ambulatory medical facilities Home care Long term care for outpatients Hospitals According to American Hospital Association, hospital can be defined as an institution which aims to provide both therapeutic and diagnostic services to the patient. The development and functionality of a hospital is commanded by the laws of the federation, regulation of state health, ordinances of the city, Joint Commission Standards and national codes for the building. Managed care- This sector holds a predominant power to elementally alter the health care delivery in the US. Managed care has achieved unparallel success. Organizations delivering managed care facilities acquired an immense power of buying by registering a huge fraction of the population of the United States who are insured and guarantee them cost-effective health care. Long term care- this is a specialized care service which invests in long term care of the patients usually provided by the nursing homes. It generally includes advanced nursing facilities and specialized care. This service has a very high economic value. Challenges and opportunities Advancement of technology Advancement of medical technology has brought innumerable profits to the civilization of modern times. Advanced and revolutionary processes of diagnosis have consequently minimized the health related issues and other ailments. Innovative medical treatments not only have helped in alleviating the persistent diseases but also promote and increase the quality and longevity of life. Cost effectiveness and improved technology are inversely proportional. It might seem that technological advancement of medical science is quite expensive, this is one of the primary reasons why the United States have been unable to sustain a ubiquitous health insurance policy ("Top 5 Medical Technology Innovations", 2013). Financial reimbursement Financing alludes to any component that provides the capacity to pay for services pertaining to health care to individuals. Financing is a necessity to achieve improved health services for many people. The convolutions of financing are the essential attributes of therapeutic consideration in the United States. Most medical coverage is financed by private organizations. Health policy Public policies can be defined as authentic decisions made by the administrative branches of the government, which aims to direct the activities and decisions made by others. Health policies are frequently considered as an associated product of the social policies for the common. They concern the services provided by the health care at all levels which includes the policies which impacts their productivity, finance and delivery("HSRIC: Health Care Reform, Health Economics, and Health Policy", 2016). Such policies may also affect the socio economic conditions of a community, medical schools and health sustaining organizations. Health policies are established by the administrative branches of the federation and are subject to application, rejection and alteration by the judicial branches whenever required. References Allied health services. (2016). www.asahp.org. Retrieved 10 June 2016, from https://www.asahp.org/wp-content/uploads/2014/08/Health-Professions-Facts.pdf Beckfield, J., Olafsdottir, S., Sosnaud, B. (2013). Healthcare systems in comparative perspective: Classification, convergence, institutions, inequalities, and five missed turns.Annual review of sociology,39, 127-146. HSRIC: Health Care Reform, Health Economics, and Health Policy. (2016). Nlm.nih.gov. Retrieved 10 June 2016, from https://www.nlm.nih.gov/hsrinfo/health_economics.html Shi, L., Singh, D. A. (2015).Essentials of the US health care system. Jones Bartlett Publishers. Top 5 Medical Technology Innovations. (2013). Asme.org. Retrieved 10 June 2016, from https://www.asme.org/engineering-topics/articles/bioengineering/top-5-medical-technology-innovations.

Obesity Among Children and Adolescents Essay Example Essay Example

Obesity Among Children and Adolescents Essay Example Paper Obesity Among Children and Adolescents Essay Introduction Charvi Patel April 7th, 2010 Obesity among Children and Adolescents Obesity has been a controversial issue for years. Childhood obesity is already an epidemic in some areas and is on the rise in others. Although rare in the past, obesity is now amongst some of the most widespread issues affecting our children and adolescents living in the United States today. Childhood obesity is harmful to not only the child’s present lifestyle but it also affects the child’s future. Obesity in children is on the rise due to parenting style, inadequate exposure to healthy foods at a young age, availability of unhealthy foods, lack of education and awareness of the side effects and risks, and an increase in sedentary behavior. Obesity is a serious concern that affects our children and adolescents today. Obesity in children can be defined as a body weight of at least 20% higher than of the healthy weight for a child of that height, or a body fat percentage above 25% in boys or above 32% in girls (Ferry). While more children are becoming overweight, the already heavy children are getting even heavier. Obesity Among Children and Adolescents Essay Body Paragraphs Obesity has a profound effect on a child’s life. Its effects include numerous health problems, emotional or psychological distress, and social problems. Studies have shown that overweight children are more likely to grow up to become overweight adults. For example, one study found that approximately 80 percent of children who were overweight at 10 to 15 years old were obese at 25 (Bellows and Roach). Parenting styles are a very influential factor that can lead to obesity in children and adolescents. Many parents rely on a parenting technique called the reward system. The reward system is used to get children to do what they are told to, and in return they receive a treat. Most of the time this treat is in the form of something sweet such as candy, chocolate, or ice cream or sometimes even going out to eat at their favorite place. Roberta Anding, a registered dietician with BCM and Texas Children’s Hospital, makes an interesting point. She said â€Å"Rewarding children with food is not a good idea. It elevates the status of food and makes certain foods or treats more valuable to children† (Anding). Parents don’t realize that this way of ewarding their child just leads to them eating more unhealthy foods than they already consume on a daily basis. By continuing to use this system, the child catches on to the idea of doing as the parent says and they will get the food of their choice regardless of whether it’s healthy or not. This cycle just goes on and on and continues to add to the amount of sugars and unhealthy foods your child will consume. This overconsumption of unhealthy foods will put your child in danger of becoming overweight or obese at a young age. Parents are responsible for the food their child eats are home. Early imprinting will help alter their taste perceptions at a young age (Anding). Children develop their tastes and likings of a food at a young age. Many parents chose to give their child anything he or she is willing to eat. They believe that as long as the child eats it’s not a big deal what the food item is. This thought can be proven harmful to their child later on. If the child is introduced to unhealthy foods and has been brought up eating them, then most likely the child will continue to make unhealthy food choices throughout their life. It is the parent’s duty to ensure that their child is exposed and produces a taste for healthy foods. Developing these healthy eating habits early on will help your child avoid falling into the trap of childhood obesity. The environment and people around children and adolescents play a big role in the choices they make. The home, child care, school, and community environments can influence children’s behaviors related to the food they eat. Child care providers and schools share responsibility with the parents for children during their important developmental years. Children that go to these facilities are increasingly making u nhealthy food choices. Schools and child care providers are encouraging snacking. It is common for elementary schools to allow students to have a snack during the day. Children see the other kids with cookies or chips or another unhealthy snack and their mind automatically craves those foods as well, which leads to the child going and buying that snack or insisting on their parent packing them those types of foods. They’re defense is â€Å"I want to take cookies or chips too; all the other kids are eating them†. The average parent just finds it easier to pack whatever their child wants rather than sitting and trying to reason with them and explain why it’s bad for them. It’s wrong to blame just the parents or the other kids for contributing to unhealthy food choices. Schools are making it harder and harder for kids to stay on the right track. They are providing the child with a variety of numerous unhealthy food items that all look appetizing such as pizz a, pop or other drinks high in sugar, and fried foods. Children’s dietary habits have shifted away from healthy foods (such as fruits and vegetables) to a much greater reliance on fast food, snack foods, and sugary drinks. Kids see that they have the option of eating them and choose to do so. They are tempted to eat these foods and can’t help but give in to this temptation. Schools aren’t considering the fact that giving kids the choice to eat these types of foods is adding to the increasing levels of obesity in children globally. Children as well as parents are unaware of the serious side effects and risks that can be caused by unhealthy eating habits. Unhealthy eating at a young age leads to childhood obesity. Childhood obesity can affect the child’s health not only at the current time but also in the future. It can lead to many early onset health problems and complications. Obesity in children and teens has been found to be the leading cause of pediatr ic hypertension (high blood pressure); it increases the risk of coronary heart disease and stress on weight bearing joints, and is associated with Type II diabetes mellitus. But these health complications aren’t the only consequences of childhood obesity. It can also lead to social and psychological problems in the child such as a low self-esteem and affect relationships with peers, which can lead to psychological health disorders related to weight such as bulge eating, bulimia, and anorexia. The child or adolescents life can be put in danger by multiple unhealthy food choices that have lead to this epidemic of childhood obesity. The popularity of television, computers, and video games translates into an increasingly sedentary (inactive) lifestyle for many children in the United States. The sedentary behavior in a child and adolescents daily routine is a major contributing factor to the increasing rates of childhood obesity. The media may decrease the time children spend enga ging in physical activities, which in turn lowers the child’s metabolic rates. Several studies have shown a positive association between the amount time spent viewing television and the increase in the prevalence of childhood obesity. Children in the United States spend an average of over three hours per day watching television. Not only does this use little energy (calories), but it also encourages snacking (Ferry). Another problem with the increase of hours a child spends in front of the TV is their viewing of advertisements. Children are influenced to make unhealthy food choices through exposure to food advertisements. The average child sees 10,000 TV advertisements related to unhealthy foods per year (Spurlock), which in turn affects the food choices by making them crave these unhealthy foods. These cravings then lead to an overconsumption of fatty foods. The prevention of childhood obesity starts at home. In early childhood, exposure to proper nutritional foods, good exe rcise/activity habits, and monitoring of television viewing, will help your child make the right food choices. Parents are the most influential factors on their child’s choices. Parents are viewed as role models and the best teachers a child can have. Children are constantly watching what their parent is doing. You can help them adapt good habits by following them yourself. First, educate yourself about your children’s nutritional needs. Use what you learn to help your children develop a healthy attitude about eating. As a parent, be sure to introduce your child to variety of healthy foods at a young age. Children might not like the food right away but be sure to offer it to them multiple times, don’t just give up. A trick to get your child to eat healthy during meals is offering the protein and the colorful veggies first, when your child is most hungry. Be sure to be consistent and offer nothing until the next scheduled mealtime or regular snack time. The child will get the hang of it and make it a part of their daily routine. As a parent, limit the amount of time your child spends watching TV, sitting at the computer, or playing video games. Eating junk food while sitting in front of a screen contributes to the recipe for child obesity. Replace these unhealthy snacks with more nutritional snacks such as bananas, healthy crackers, carrots, or celery sticks. Being overweight is unhealthy and uncomfortable– and very unpleasant for a young child. Follow TV time with a physical activity outdoors if possible. Allow your child to experiment and try out different activities to help figure out which he or she enjoys the most. Encourage children to engage in physical activities that burn calories and use different muscle groups: running games, swimming, skating, and riding a bicycle. These activities will you’re your child build strong bones and muscles, maintain a healthy heart, and improve coordination, posture, and reflexes. Parks and playgrounds are great ways to burn off excess calories and give them interact with other children. The goal is to get your child or adolescent to participate in physical activities for at least 30 minutes each day. Parents should be role models for their children. If they see you being active, chances are they will do the same and will continue stay active into their adult years. A good way to get your whole family to be active is plan family activities so that everyone can be active and have fun as a family. Following these guidelines will help increase your child’s physical activity level, and in turn help decrease your child’s risk of obesity. Childhood obesity has become a serious issue that affects not only our children today but the future of children as well. The number of children that are diagnosed as obese is expected to continue to rise until something is done to bring our nation’s children back to a healthy state before it’s too late. Exc ess weight has both immediate and long term consequences. This current issue demands our serious attention (Bellows and Roach). It is our job to put an end to this. Obesity is on the rise due to these unhealthy food choices that have become a part of children and adolescents everyday lives. If we do not attempt to address this epidemic it will become out of hand and lead to our children having to face obesity in their later years, as well as now. Obesity is easier to prevent then treat. The earlier we tackle this issue the better off it will be for our children. Works Cited Page Anding, Roberta. â€Å"Exposing Children To Different Flavors Helps Kids Develop Taste For Variety Of Foods. † Redorbit News. RedOrbit, 17 04 2009. Web. 07 Apr 2010. . Bellows, L. , and J. Roach. â€Å"Childhood Overweight. † Extension. Colorado State University, 2009. Web. 7 Apr 2010. . Ferry, Robert Jr,. â€Å"Obesity in Children. † emedicinehealth: experts for everyday emergencies. we bMD, LLC. , 2010. Web. 7 Apr 2010. . Spurlock, Morgan, Script. Super Size Me. Dir. Morgan Spurlock. † 2004, Film. We will write a custom essay sample on Obesity Among Children and Adolescents Essay Example specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Obesity Among Children and Adolescents Essay Example specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Obesity Among Children and Adolescents Essay Example specifically for you FOR ONLY $16.38 $13.9/page Hire Writer

Geox Essays

Geox Essays Geox Paper Geox Paper Geox main competitive advantages are: Technology: constant focus on the product with the application of innovative and technological solutions developed by Geox and protected by patents. Focus on the consumer: cross-market positioning for products, with a vast range of shoes for men, women and children in the medium to medium/high price range (family brand). Brand recognition: strong recognition of the Geox brand thanks to an effective communication strategy and its identification by the consumer with the breathing concept. Internationalization: a growing presence on international markets thanks to easy replication of a business model already tried and tested in Italy. Distribution: a network of monobrand Geox Shops in Italy and abroad which has been developed according to each countrys distribution structure and calibrated to the widespread network of multibrand clients. The goal of both networks is to optimize market share and, at the same time, to promote the Geox brand to end-consumers on a consistent basis. Supply chain: a flexible delocalized business model with considerable outsourcing, capable of efficiently managing the production and logistics cycle while the Company maintains control over critical phases of the value chain, so as to ensure product quality and timely deliveries. Geox is the 1st shoe brand in Italy and the 2nd in the world. Since the start of 2008 the company is a member of the S/MIB index, the leading blue chips index for the Italian stock market. Lets take a look at Geox 2008 results (the images are taken from Geox 2008 financial statements): :

Attack Tree Of Computer Security

Attack Tree Of Computer Security This report is introduces about the possible attack for company and it represent by the attack tree diagram. In the company have six computer and internal server. Each computer is using Microsoft window 7. They are using the DVD to store the backup and the router is default setting. Each employee has the email address. Firstly, I will attack the workstation, try to obtain the password illegally and attack the security such as install virus, Trojan, worm and DOS attack. After that, I will attack the dvd to get the dvd and do some malicious action. Obtain the DVD can through the employee, such as bribe or threaten. Malicious action will install the threats into the DVD and spread to other computer when they are using the backup. Then, we will attack the router which is change the WEP or filter the mac address to cause the computer cannot connect to the network. We also can using threats through the router to install into the system, e.g plashing, pharming, DNS cache poisoning and spoo fing. However, I will attack the server using the internal threats and external threats, such as ask a person to disguise a customer to get the information from company, or ask the temporarily customer to be a spy to do some malicious action. Moreover, attack the email using the security threats like phishing, email spam, virus and spam. Then, obtain the email password from the target. Finally, attack the window 7 using hacking tools to destroy the host file from the system and using physical attack to the system and obtain the important data or change the data to make a big lose for the company. All of these attacks will discuss in this report. Introduction and scope Attack tree helps one to understand security issue better, from the stand point of an attacker. Attack trees are a graphical and mathematical construct used to identify most of the attack that will cause the greatest risk to the defender, determine effective strategies decrease the risk in a acceptable level for the de fender, describe the potential attack between the adversary and the defender, provide a communication mechanism for security analysts, capture what is known and believed about the system and its adversaries, and store the information in a diagram that can be understood for the subsequently defenders. Although it is very hard to identify the entire possible factor that leads to intuition, it is based on the experiences and the ability to extrapolate how the experiences apply on the new situation.  For example, the effectiveness of internet security, network security, banking system security, installation and personnel security may all be modelled using attack trees. The ideal of attack tree is that an equipment, software, process could have vulnerabilities that when successful, they could compromise the entire system. Scope There are six computers and one internal server and each computer encompasses Microsoft Window 7 and Microsoft Office 2007. Each workstation has been patched wi th all updates of March 25, 2010. They are using ADSL 2+ connection. The server and workstation backup is store in a DVD. All the employees have email addresses and there share the document through a D-Link DNS-323 NAS. The router is utilising default settings and consists of a D-Link DSL G604t. Each workstation is utilising Microsoft Windows Malicious Software Removal Tool.

Week 2 Academic Paper Assignment Example | Topics and Well Written Essays - 250 words

Week 2 Academic Paper - Assignment Example It is important to clarify that this paper adds immense value to the operations of the research body of knowledge and to the cyber security community. This is by enlightening them on a number of common threats and how they can be mitigated. It also provides a well-defined auditing approach, which focuses on sorting of audit records based on legitimate and Clandestine users. Lastly but certainly not the least, it goes ahead to outlining a quality structure of a computer security surveillance system, which is very important in enhancing data security in a cyber-network (Anderson, 1980). Regardless of the benefits, there is a considerable number of weaknesses on this paper and they include lack of clear explanation on how data encryption will be implemented in the integration of surveillance subsystems. It also has a weakness particularly on monitoring vulnerability in a computer network connection (Westby, 2004). Instead, it only outlines computer security monitoring on the individual computer users and

Explain the different roles played by (i) the central bank, (ii) Essay

Explain the different roles played by (i) the central bank, (ii) depository institutions, and (iii) depositors in the determina - Essay Example For example, there is a strong proof that when money increases rapidly in an economy, there develops a direct relation between money-supply and long-term price inflation. On the other hand, a decrease in the level of money supply in a country leads to a decrease in economic activity, tightened spending levels and a fall in consumer demand. The quantity theory of money states that money supply has a relationship that is directly proportional in nature to the price level (Friedman, 1956). Different institutions have different but correlated roles to play in the determination of money supply in a country and the global economy. Examples of such institutions are the central bank and depository institutions. Depositors also have a part to play in this. Roles of the central bank Every country has a central bank that monitors and determines money supply in the country’s economy. In the US, the money supply is determined by the US Federal Reserve, the central banking system of the US. Its role is to foster economic growth in the US by regulating the actions of private banks and stabilizing the money supply. The Federal Reserve, also known as Fed, uses the expansive monetary policy as a guide in expanding the US money supply (Shin, 2009). Using the expansive monetary policy, the Federal Reserve channels more reserves to the banking system so as to allow private banks more liquidity and to make sure that they have the required ability to issue loans. In the UK, determination of money supply is the function of the Bank of England while that of the counties under the EU is the European Central Bank (ECB) (Burda and Wyplosz, 1997). In order to stabilize an economy in a country, the central bank has the power to determine the level of money stock through the operation of different monetary policies. These policies include reserve requirements, open market operations and discount rates. The most dominant among the three monetary policies is the open market operations p olicy. According to Howells and Bain (2009), an open market operation is a situation in which the central bank purchases or trades government securities for cash in an effort to contract or expand the total money supply. Money supply in the country will increase if the central bank purchases government securities but it will contract if the central bank sells government securities. The responsibility of the central bank in relation to fractional reserve banking is to hold a particular fraction of all deposits. This can be in account with the central bank or in cash. In order to alter money supply, the central bank alters the percentage of total deposits that needs to be held by commercial banks. In this way, the central bank can increase the monetary base in a country by reducing the reserve requirements or reduce the monetary base by increasing the reserve requirements (Mishkin, 1998). The central banks also determine money supply in a country by controlling discount rates. This is possible because the central bank in every country supplies commercial banks with the money they require to meet consumer demand. Therefore, the central bank can meet and control consumer demand for money by controlling the national interest rates. For example, the consumer demand for money will increase greatly if the interest rates decrease while a decrease in consumer demand for money will arise if the interest rates increase. Roles of depository institutions By definition, depository

Drug Abuse and Mental Health Essay -- addiction, illness, informative

Substance abuse complicates almost every aspect of care for the person with a mental disorder. When drugs enter the brain, they can interrupt the work and actually change how the brain performs its jobs; these changes are what lead to compulsive drug use. Drug abuse plays a major role when concerning mental health. It is very difficult for these individuals to engage in treatment. Diagnosis for a treatment is difficult because it takes time to disengage the interacting effects of substance abuse and the mental illness. It may also be difficult for substance abusers to be accommodated at home and it may not be tolerated in the community of residents of rehabilitation programs. The author states, that they end up losing their support systems and suffer frequent relapses and hospitalizations (Agnes B. Hatfield, 1993). Furthermore, mental illness and drug addiction are conditions that often occur together. This is a person who has two brain disorders that influence one another, and which both need treatment. Some say that certain drugs may actually cause mental illness in individuals with a weak genetic profile (Genetic Science Learning Center, 2011).With that being said, symptoms may get worse, but drugs do not necessarily cause mental illness. Some people may begin using drugs of abuse as a form of self-medication. For instance, drugs of abuse may temporarily relieve some of the symptoms associated with stress, anxiety, or depression, but the problems will still exist. Therefore, the form of self-medicating when using drugs can lead to harmful effects in a person’s mental health. People who have been undiagnosed may also suffer from serious mental disorders. So they may take drugs to relieve their symptom which is known as self-me... ...nosis and Mental Illness (Schizophrenia and Drug or Alcohol dependance) . Retrieved february 11, 2011, from schizophrenia.com: http://www.schizophrenia.com/family/dualdiag.html Center, N. D. (2004, April). Drug Abuse and Mental Illness. Retrieved Febrauary 9, 2011, from Justice.gov: http://www.justice.gov/ndic/pubs7/7343/7343p.pdf Genetic Science Learning Center (2011, January 24) Mental Illness: The Challenge of Dual Diagnosis. Learn. Genetics. Retrieved February 18, 2011, from http://learn.genetics.utah.edu/content/addiction/issues/mentalillness.html Lietz, J. (2011). Effects of Substance Abuse. Retrieved February 18, 2011, from ehow.com: http://www.ehow.com/about_4799336_effects-substance-abuse.html Samouilhan, T., & Seabi, J. (2010). University students' beliefs about the causes and treatments of mental illness. South African Journal of Psychology, 74-89 .

Developing Shop Online in China Essay

I. The development of new technology A. The Internet communication skills B. Computer program systems 1. The feedback-based reputation system 2. The E-payment system II. The characteristics of shopping online A. Low-price strategy B. Diversity of products III. Some changes in people’s lifestyle A. Logistics development makes life more convenient B. People prefer to stay at home because of the Internet Developing Shopping Online in China Have you had a good experience of shopping online? It might have been common in the US; however, the only approach for Chinese to buy clothes or food was to go to the mall or supermarket ten years ago. Shopping online has become more and more popular in China and has been adopted as a common way to shop. A report, conducted by iResearch, an online market research company, said that the first year’s trade volume of Chinese online market soared 95.8% (as cited in Ding, 2009,  ¶2). People in China now prefer to click to the website, select products and make sure to purchase. There are two common types of e-commerce websites in China: B2C and C2C. B2C presents business-to-consumer, and C2C stands for consumer-to-consumer. A few e-commerce websites, such as Dangdang (www.dangdang.com.cn, the largest and most popular B2C website in China), and Taobao (www.taobao.com, the largest C2C website in China, owned by Alibaba.com), â€Å"have won great success and established good reputat ion among online consumers†(Lu, Zhou& Bin, 2007,  ¶1). The reasons that shopping online has been developed and improved in such a high speed in China are the development of technology, the characteristics of shopping, and the improvement of people’s lifestyle. The first reason why shopping online has become a significant role in China is the development of the technology, such as network communication skills, e-payment system and the feedback-based reputation system. The Internet has had widespread effects on Chinese since it was first introduced into China in 1995. The Internet, a recent innovation, has become a significant intermediary for not only communication but also commerce. Compared with traditional shopping approaches, the features of the Internet will be considered by buyers, and people will think whether the characteristics of the Internet are preferred when shopping online (Joseph& Dong, 2006,  ¶6). The three steps when consumers are shopping in the Internet are to click their mouse, search for what they want to buy , and make sure to purchase, while they even don’t have to talk to sellers. The convenience of the Internet leads shopping online to be the first choice. Moreover, most consumers are concerned with computer program systems related to payment safety or product reputation when shopping online. Such computer program systems have been set up to ensure consumers’ profits. A lot of online shopping websites, such as eBay.com and Taobao.com use feedback-based reputation system, in which the sellers’ and buyers’ reputation and credit will be recorded and marked based on transaction in the past. It means a lot in online C2C market, and the seller will be trusted if s/he has a good reputation, which brings about good sales (Bo, Zhangxi, & Bingjia, 2010,  ¶20). Nelson (1970) sorted products into experience and search goods. People want to try the quality of experience products right before they buy the products, while people have to see search products through some information provided online. In other words, the products bought online are search goods. People have to decide whether to buy only after reading a few lines of words (as cited in Bo, Zhangxi, & Bingjia, 2010,  ¶22). Without feedback-based reputation system, potential consumers would not have accepted the new approach of shopping. Also, the former comments and scores from buyers and the scores which buyers get from sellers, depending on whether the buyers pay in time or not make feedback-based reputation system become a special credit system for not only vendors but also consumers. Another important system researched and developed for shopping online is payment system which protects consumers’ money from being taken away by sellers without receiving products or not being satisfied with the products. â€Å"Alipayment†, which belongs to Taobao.com, is the typical payment system known among online buyers. Even though there are still some shortcomings needed to be improved in these systems, technology makes it possible and promotes the development of shopping online in China. Secondly, the characteristics of shopping online are considered to be another important reason that promotes the development of shopping online in China. Low-price strategy, diversity of products and convenience of shopping style are three of the most obvious features of shopping online, which attracts more and more people in China involved in shopping online, and not only young people but also old people are interested in online shopping. Price and type are two of the most significant features of product, which influence buyers’ choice when they are shopping online (Bo, Zhangxi, & Bingjia, 2010,  ¶21). Because sellers can reduce operation and storage cost, products online are usually less expen sive than products bought in a traditional way. Lower price has been one of the most important factors, which makes shopping online the best choice in China. There are 10,000 shops which were opened everyday in 2008, while more than 140 million Chinese became loyal customers of shops online (Lan, 2009,  ¶4). Nevertheless, product price is sometimes connected with cheating and fraud, and buyers can’t recognize whether or not the sellers online are cheating on product price. That will be an important issue in online shopping (Bo, Zhangxi, & Bingjia, 2010,  ¶21). Had sellers online had the same price as traditional sellers or higher price, the online market would not have bloomed. Another characteristics of shopping online, diversity of products, promotes the development of shopping online. Imagine that there are two choices for consumers when shopping: buying goods in different shops or buying all stuff in one big shop. Obviously, people prefer to shop in one place and purchase all the stuff they list. Like shopping in a big shopping mall, people buy all they need online on one website without driving out or walking a long distance, crowding in the crowd and sweating in different shops. All consumers need is to search what they want, and compare the prices and comments. Liu claims, â€Å"Best selling online items include clothing, cosmetics, home furnishing, outdoor sports equipment, personal computer, jewelry, laptops and small home appliance†(Liu, 2009,  ¶27). The characteristics of shopping online, low-price strategy, diversity of products and convenience of shopping style, attract more and more people and lead to the promotion of shopping online. Thirdly, the development of people’s lifestyle contributes to the emergence and development of shopping online in China. With the rapid growth of Chinese economy, not only has per capita income improved significantly, but also people are getting accustomed to the faster pace of life. That involved in the development of shopping online as an important factor. Due to the faster pace of life, a kind of new industry—express delivery industry—has arisen. The convenience of shopping online is considered to be a significant reason for consumers. Because of the development of express delivery industry, which belongs to modern logistics, the buyers don’t have to go out to take stuff back home, and just sit in front of the monitor to wait for delivering. Express delivery industry is developing in a rapid pace because of the boom of online shopping. In China, people now are interested in sitting in front of a computer, clicking the mouse, and shopping online (Liu, 2012,  ¶1). The development of express delivery industry has been outstanding in recent years, which has been proven by a year-on-year increase of 20% from 2009. There are 542,000 people working for express delivery industry, and express delivery companies have been set up everywhere around China. Because of the appearance of online shopping, the express delivery industry developed better and faster (Liu, 2011,  ¶3, 4, 5, 6). At the same time, express delivery industry promotes the development of shopping online. The promotion of express delivery industry makes more and more people trust in shopping online.What consumers need to do after making sure to purchase is to wait for stuff being delivered in a few days. Such convenience really helps people who suffer from the faster pace of life: they don’t have to go out to shop, and just stay at home to get everything they want. Another change in people’s lifestyle is that people prefer to stay at home rather than go out for fun. Because of the Internet, online entertainment has become the most popular way to spend time. Not only chatting online or playing online games but also shopping online has been a significant role in people’s daily life. Evidences are that not only can people buy concrete goods online, but also a lot of abstract goods, such as game cards and mobile phone recharge cards, can be found in online shops. The changes of people’s lifestyle and the emergence and development of express delivery industry make contribution to the development of shopping online in China, which makes life more convenient. In conclusion, the development of technology, the characteristics of shopping and the improvement of people’s lifestyle are three main reasons why shopping online has become an important role in China. Due to the developing of shopping online, a new approach of shopping has appeared which makes shopping more convenient for consumers; moreover, it promotes the development of tertiary industry and economic development in China. Shopping online offers many jobs in China; for example, Taobao.com, the biggest shopping online website, provided 570,000 jobs in 2008. Moreover, shopping online offers much more chances for young persons between 23 and 32 years old to run their online shops with government’s support (Lan, 2009,  ¶16, 17, 18). Because of the development of Chinese shopping online, many overseas shopping websites have noticed the future of this market flourish. Alipay, third party payment tool, has enrolled 300 overseas online shops to get access to Chinese online shopping market (Lan, 2009,  ¶9). In other words, the local online shoppers will face more opportunities in the future. References Bo, X., Zhangxi, L., & Bingjia, S. (2010). Factors affecting consumer behaviors in online buy-it-now auctions. Internet Research, 20(5), 509-526. doi:10.1108/10662241011084086 Ding, W. (2009). Cheaper prices or better services?. Beijing Review, 52(37), 28-29. Lan, X. (2009). Online shopping spree (cover story). Beijing Review, 52(37), 26-27. Liu, X. (2009). You want it, the web has it. Beijing Review, 52(37), 30-31. Liu, X. (2011). Express reform for speedy deliveries. Beijing Review, 54(30), 36-37. Liu, X. (2012). Delivering satisfaction. Beijing Review, 55(2), 34-35. Lu, Y., Zhou, T., & Bin, W. (2007). A comparison of prices in electronic markets and traditional markets of China. Chinese Economy, 40(5), 67-83. doi:10.2753/CES1097-1475400504 Joseph, R., & Dong, S. (2006). E-commerce adoption among Chinese consumers: an exploratory study. Journal Of International Consumer Marketing, 18(3), 33-55. doi:10.1300/J046v18n03-03

Price of College Education - 1473 Words

For the past decade, The United States has stressed the importance of college education, to those seeking employment, and better careers. For most people, college is the logical next step in education, as it provides a working knowledge of a desired field and opens the door to many opportunities, but college has become increasingly more expensive as time goes on. Many people feel that college is no longer an option financially. Even with financial aid and scholarships, the cost of a college education can still be very taxing. This is due to massive price increase across the boards, but the main issue on most people’s minds is the debt that will be acquired from higher education. The debt associated with higher education is one of the†¦show more content†¦While students and their parents struggle to afford college, university professors have seen exponential growths that have surpassed inflation by 2.5 percent (Lankford 55). Salaries for professors can account for up 8 0 % of a college’s budget. Now given how much professors make and how much of that is reflected in college expenses there is still another problem with the tenured professors. Professors who receive tenure are some of the most privileged employees in the nation. Not only do they have life time jobs but also they have four months paid vacation and some may only teach six hours a day. On average a professor makes 74,360 dollars a year. Professors are not the only members of faculty though. In fact, administrators make far more than professors do so much so that some administrators make close to the million-dollar range. A million may be the high end but even than quite a few have salaries near 500,000 dollars (Lankford pg.58-59). The question now is whether or not there is a solution to the rising cost of a college degree. Some people are skeptical as to whether or not the cost of college can be combated, but there are plenty of ways the cost of college costs could be diminishe d. The first of which is to change the way people think about higher education and most notably about how people perceive two-year colleges. 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