Essay on Community Health Nursing Case Review - 1664 Words

Parkinson’s disease is a disorder that affects the nerve cells, in a part of the brain that controls the movement of muscles. Symptoms of this debilitating disease include trembling of hands, arms, legs, jaw and face, stiffness of arms, legs and trunk, slowness of movement, poor balance and coordination. As symptoms get progressively worse, people may experience depression, sleep problems, swallowing and speaking problems. Till now there is no cure for this disease. Viewpoint of Client- This client lived her entire life very actively. Because of her disease and its worsening effects, unfortunately she was moved to a nursing home. Patient Autonomy, defined as the right of patients to make decisions about their medical care without their†¦show more content†¦The client did trust her family and that’s why she shouldered the responsibility to her family regarding making decisions when she is no longer capable. It is safe to assume that she trusted her family and that she approved of whatever decision the family will make. Also she must have believed that they have her best interest at heart. Veracity refers to telling the truth. The Physician and Health Care Personnel informed the client about the nature of her condition and the plan of care that was going to be implemented. So they kept her well informed and enabled her to make the best possible decisions regarding her health. The client did know about her disease process, the worse ning effects, and definitely knew that the disease has a bad prognosis because there is no cure. Viewpoint of Client’s Family – Due to the client’s worsening condition; the family was unable to take care of her at home. So they decided to admit her at a nursing home. The family does know about her disease process and is also aware that the disease has no cure. The client appointed the family to make decisions regarding her health care when she is not capable of making those decisions. So when the nursing home director advised the family to start a feeding tube because the client could not swallow anymore, the family declined to have any type of feeding tube inserted. The family was aware that the client will starve to death. I believe theShow MoreRelatedNeeds Assessment Of Establishing Parish Nursing1451 Words   |  6 PagesEstablishing Parish Nursing Problem Statement The American Nurses Association and Health Ministries Association (ANA HMA) has described Faith Community Nursing (FCN) as a form of a specialized nursing practice carried out by a nurse within a faith community (ANA HMA, 2012). The role played by the FCN is to protect, promote, and optimize health and abilities, prevent illness and injury, and respond to distress regarding the practice beliefs and the values of a faith community. The FCN focuses onRead MoreEducational Needs Assessment Annotated Bibliography1697 Words   |  7 PagesEducational Needs Assessment:Annotated Bibliography Akhtar-Danesh, N., Valaitis, R.K., Schofield, R., Underwood, R., Martin-Misener, A., amp; Kolotylo, C. (2010). A questionnaire for assessing community health nurses learning needs. Western Journal of Nursing Research, 32(8), 1055-1072. This journal covers the important stages of the Learning needs assessment and how it impacts every educational process that is aimed to inform changes in practice and policy for continuing professional developmentRead MoreThe American Nurses Association ( Ana ) And The Health Ministries Association1272 Words   |  6 PagesNurses Association (ANA) and the Health Ministries Association (HMA) have described Faith Community Nursing (FCN) as a form of a specialized nursing practice carried out by a nurse within a faith community (American Nurses Association Health Ministries Association, 2012). The role played by the FCN is to protect, promote, and optimize health and abilities, prevent illness and injury, and respond to distress regarding the practice beliefs and the values of a faith community. The FCN emphases on the purposefulRead MoreThe American Nurses Association ( Ana ) And Health Ministries Association1364 Words   |  6 PagesNurses Association (ANA) and Health Ministries A ssociation (HMA) have described Faith Community Nursing (FCN) as a form of a specialized nursing practice carried out by a nurse within a faith community (American Nurses Association Health Ministries Association, 2012). The role played by the FCN is to protect, promote, and optimize health and abilities, prevent illness and injury, and respond to distress regarding the practice beliefs and the values of a faith community. The FCN emphases on the purposefulRead MoreHealth Promotion1025 Words   |  5 PagesLevels of Health Promotion Health promotion is essential in keeping society and individuals healthy. Health promotion empowers communities and individuals for healthy living through education. The primary goal of health promotion is prevention. Nurses are key in health promotion and will be seen in diverse settings as health promotion evolves the nursing profession. There are three levels to health promotion that are utilized to optimize health. Definition of Health Promotion The World OrganizationRead MoreHealth Promotion1008 Words   |  5 PagesLevels of Health Promotion Health promotion is essential in keeping society and individuals healthy. Health promotion empowers communities and individuals for healthy living through education. The primary goal of health promotion is prevention. 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Nurses and midwives are the largest group of health workers who provide a wide range of health services, which include promotiveRead MoreA Literature Review of Health Promotion Essay1196 Words   |  5 PagesLiterature Review of Health Promotions Grand Canyon University NRS 429 September 12, 2010 Literature Review Traditionally the United States health care system has been sickness-oriented. However, in the last two decades, a new paradigm has emerged. This new paradigm emphasizes wellness rather than sickness. As a result in this change in focus, health promotion is now an integral part of the nursing profession. This research paper will review current literature fromRead MoreDiabetes : A Disease That Disturbs The Appropriate Production Of Insulin981 Words   |  4 Pagesgestational Diabetes is the one that is related to the pregnancy and can have multiple complications for mom and baby, (Healthy People, 2020). The major health issue that is analyzed by the qualitative study is the diabetes type one. Today, the world is facing an unbelievable increase number of persons suffering from diabetes. It is a serious health matter because the consequences, financial and social influence negatively people life. Many children are diagnosed overweight, diabetic patients becauseRead MoreThe Framework Of Related Concepts Within Nursing Essay797 Words   |  4 Pagesconcepts in nursing theory. Concepts themselves can be statements or ideas. They can be empirical; observed, or experienced though the senses, or they can be abstract; not observable. (Masters, K., 2015). The four metaparadigm concepts in nursing are the person, the environment, health and nursing. It is a structure of intangible concepts of which many conceptual models have been developed. A conceptual model is the grouping of concepts into some meaningful way. Multiple theories in nursing have been

Julius Caesar The Quintessence of a Tragic Hero - 1156 Words

William Shakespeare’s The Tragedy of Julius Caesar is the illustration of the demise of many respectable men. Typical of a tragedy, one character of high social standing experiences numerous downfalls brought on by a character flaw. This character is eventually brought to his or her knees by the misery and sorrow brought upon by these mistakes. It is at this point that the character realizes their flaws and changes their outlook. In Shakespeare’s tragedy, the tragic hero is Julius Caesar. In the play, Shakespeare molds Caesar’s character into an ambiguous personality. While Caesar is depicted as an ignorant and deserving tragedy, he is an often-overlooked hero as well. The omnipotent ruler appears to be quite respectable socially in†¦show more content†¦Finally, Caesar overall proves to be a thoroughly effective and sympathetic tragic hero in this tragedy. Although Caesar’s downfall does seem like deserving and just consequence, it is a mu ch more indefinite case. While Caesar had moments of pompous arrogance, he was also greatly commendable and admirable. He was generally respected by the public and considered a fair and just ruler. Additionally, while many feared that Caesar would accept a monarchial position if offered one, Caesar retained his position in Rome’s government without attaining too much control. Even when Mark Antony presented Caesar with a mock crown during the Lupercal festival, â€Å"he put it by thrice, every time gentler than the other† (896). However, the true merit of Caesar is revealed in the speech made by Mark Antony shortly after Caesars bereavement. In a stark contrast of the negative feelings harbored against Caesar in earlier scenes, Mark Antony delivers a eulogy at Caesar’s funeral praising the positive characteristics of Caesar and disparaging the conspirators. In this oration, much about Caesar’s character is revealed thus illustrating him as a more sy mpathetic hero. For example, Caesar is initially depicted as a more compassionate man by his sympathy to the poor. While it would be expected that Caesar cared little for the destitute, Antony explains â€Å"when that the poor have cried, Caesar hath wept† (950). Furthermore,Show MoreRelatedDas Brà ¼tus: A Tragic Hero996 Words   |  4 PagesDas Brà ¼tus: A Tragic Hero In The Tragedy of Julius Caesar, by William Shakespeare, Brutus is the quintessence of a tragic hero. Webster’s Dictionary defines tragic hero as â€Å"Any person, especially a man, admired for courage, nobility etc. †¦ in a serious play with an unhappy ending† (277-626). This verbatim definition, however, is useless in an analytical essay. The idea of a tragic hero comes from Aristotle, who thought a tragic hero involved a character of high standing suffering a downfallRead MoreThe Downfall of Brutus952 Words   |  4 PagesThe Downfall of Brutus The play, The Tragedy of Julius Caesar, by William Shakespeare, has two main tragic heroes. Set in Rome and spanning from forty- four to forty-two B.C., the play tells of Brutus and Caesar whom both fall from the highest positions to the lowest of misfortune and then are enlightened on their mistakes. Brutus is the stronger example of a tragic hero in this story. Throughout this play, Brutus commits many faults, falls more drastically than all other characters, and regrets

Automotive engineering free essay sample

Code of Ethics Questions The main purpose of these questions is to manifest professionalism of a candidate. A candidate should have gained some understanding of the Professional Code of Ethic and conduct before entering for the Professional Interview. The questions selected by the examiners may be expected to be familiar. A candidate would be expected to demonstrate; a) That he has thought sufficiently about the role of the engineer in the society vis-à  -vis his professional Code of Ethics. b) That he can write in clear and concise manner that is †¦Ã¢â‚¬ ¦. Candidate would be expected to answer only 1 question among the 7 questions listed below: 1.Discuss the dilemma engineer faces in balancing capital expenditure versus optimum design for efficient operations and maintenances, bearing in mind the impact of capital expenditure on the engineer’s fees. 2.Technological and economic efficiencies in providing service to the public are the expected benefits from the privatization of public utilities companies in Malaysia. We will write a custom essay sample on Automotive engineering or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Discuss with examples whether the technological benefits of privatization have been achieved. 3.Are the present safety practices of your industry adequate? What steps do you consider should be taken by the industry to address the present situation? 4.The manifestation of professionalism among engineers occurs through their interactions with other segments of the society, which can be viewed essentially as an exercise in group dynamics. In this regard, the Institution of Engineers, Malaysia (IEM) is ideally constituted to serve the purpose. Discuss the various functions that can be provided by IEM in promoting professionalism. 5.In this technological age, the power of the engineers in shaping the society and environment in all pervading and can be profoundly affect the lives of many  members of the society. From your personal experience, how largely positive impacts have accrued from the contributions of engineers. 6.â€Å"He shall not under any circumstances solicit advisory or consultative work, either directly or by an agent, nor shall he pay, by commission or otherwise any person who may introduce clients to him†. Discuss the ways in which an engineer, especially one that is a newcomer to the field, can project him/herself as responsible professional to the society without being guilty of violating the above. 7.Engineers are often entrusted with the responsibility of implementing large-scale projects involving millions of dollars. In view of the large amount of money changing hands, the integrity and ethical standards of engineers are being put to test. What measures can be engineer take to prevent corruption an unethical practice of cutting corners in order to safeguard the good image of the engineering profession?

The Way of Life free essay sample

Dedicated to Karl C. It was the first week of rifle hunting season in November.I was thirteen and it was the first year I could shoot a deer.I had completed my firearms safety class and I was ready to shoot my first buck.The problem was that I had to wake up at five in the morning.For thirteen year old Kaleb, this was almost unbearable and he wanted to fall asleep again as soon as he could.But, his father would not let him.So, I knew I had to suck it up and make the best out of it. When getting dressed, we put on as many layers as we could.After I was done putting them on, I felt as if I were the Stay-Puft Marshmallow Man.I disliked the feeling of not being able to run or have any flexibility.Once we were dressed, geared up and ready, we went outside and were greeted by the frosty morning breeze. We will write a custom essay sample on The Way of Life or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I could taste the moisture on my tongue as I opened the door.It was pitch black and the only thing I could see was a dim light coming from our old, broken lamp post.So we ended up taking out our flashlights and walking to the shed to grab our rifles.My rifle was a Tikka .270 and my dad’s was a Remington 7mm.Both were accurate and powerful so they punched good sized holes when we shot at our practice targets back home.Before leaving to our stand, my dad gave me another brief on our plan, â€Å"We are going to go to the North Stand.† my dad said, â€Å"Wait on the ground until I’m to the top, then you can climb up.† â€Å"Ok, Dad† I replied. â€Å"Don’t forget about B.R.A.S.S.† â€Å"I remember. Breath, Relax, Aim, Slack, and Stop.† â€Å"And walk with your heels, not your toes.† Annoyed, I replied, â€Å"Dad, for the millionth time, I know.† â€Å"Okay, just making sure you won’t forget anything.† We walked until we reached the stand.Just as planned, Dad walked up first and I followed.To be honest, I was a little scared climbing up it.It was my second time climbing up a ladder that high and I was small compared to the size of the tree stand.But I wasn’t going to wimp out so I gathered my courage and continued up the ladder. Once there, I received a stare from my dad.For a moment, I thought had done something wrong.Then, he calmly put his pointer finger to his lips indicating that we could no longer talk until either our prey was killed or the hunt was over.As we still do today, my dad and I would communicate by hand signals or mouthing out words.We whispered if it was a last resort. The hours went by as we waited for a deer to come in front of us.The sun rose over time and most of the fog disappeared except for a thin, grey layer of haze.My rifle was even colder than before.I signaled Dad for some hand warmers and he gave me some. Around four hours passed and I was losing my patience.It would’ve been ten more minutes before I asked my dad if we could leave the stand.But then we heard a crunch.It was time. Dad peeked out the window to see a six-pointed buck along the right side treeline.I could taste the venison already.I grabbed my rifle from the corner it was leaning against and slowly rested it onto the lower left corner of the window.My B.R.A.S.S. technique was rushing through my head, but I still remained calm and focused.My breathing was controlled, my aim was dead on, my arms were steady, and I was ready to squeeze.I had to make sure I didn’t jerk the trigger otherwise I would anticipate the shot and miss my target like I would sometimes at home.I had to surprise myself with the trigger squeeze.I turned my safety off and was ready to fire. I started to squeeze.My aim was right on target.Then, a sudden kick hit my shoulder as if someone punched me.I smelled the gunpowder.I heard the cracking shot coming out of the barrel.The round had made a slice right through the buck’s stomach.Its guts dropped down the next step it took.I pulled the bolt back and re chambered another round in.The deer was down but not dead.I had to put it out of its misery.I took a second shot. The round made perfect thump as the round traveled right through my prey’s cranium.A perfect head shot. My dad cleared his throat, â€Å"Awesome shot, Kaleb!† Like hungry dogs, we climbed down to examine the scene.As we arrived, I was brutally shocked by the amount of blood and gore that came from the deer.For a second, I doubted myself that I had done a right thing.I had just killed such a beautiful animal.What did this deer do to deserve this?I was confused and unsure of what I did and if it agrees with my morals as a Catholic? I should’ve had a â€Å"one shot, one kill†.But then I came to terms I tried my best and was fast to put the deer out of its misery.It was the way of life.And like any other deer hunt, we repeated the same rituals.We took some pictures, skinned it, hung it up to drain, and waited while sitting back and drinking a nice, cold pop. This time was a little different from the others.I wasn’t helping a friend, family member, or my father skin his deer.This time, it was my turn.As I sat down on our bench with my dad, celebrating and making memories, I realized something.I was finally a hunter.I had gone hunting many times, but this hunt was my hunt.I could finally say I had the power, patience, and skill to kill an animal. It had only taken me six hours to earn the title, Hunter.I was eager to return for the next year and the one after that.I realized this was my escape from the world.To lose myself in a hunt and return joyful, whether I had caught any game or not.It makes me look forward to the day when I can watch as my first son or daughter shoot their first deer.Sharing memories and laughs as I was with my father.Sitting around the fire in the dark of night telling stories until we get tired and decide to hit the hay.Cherishing the last glimpse of the star lit forest until you go back inside.And waking up and doing it all over again.One could say it’s the way of life.

Consequences of the Conquest of the Aztecs

Consequences of the Conquest of the Aztecs In 1519, conquistador Hernan Cortes landed on Mexicos Gulf coast and began an audacious conquest of the mighty Aztec Empire. By August of 1521, the glorious city of Tenochtitlan was in ruins. The Aztec lands were renamed New Spain and the colonization process began. Conquistadors were replaced by bureaucrats and colonial officials, and Mexico would be a Spanish colony until it began its fight for independence in 1810. Cortes defeat of the Aztec Empire had many ramifications, not the least of which was the eventual creation of the nation we know as Mexico. Here are some of the many consequences of the Spanish conquest of the Aztecs and their lands. It Sparked a Wave of Conquests Cortes sent his first shipment of Aztec gold back to Spain in 1520, and from that moment, the gold rush was on. Thousands of adventurous young Europeans - not only Spanish - heard tales of the great riches of the Aztec Empire and they set out to make their fortune just like Cortes had. Some of them arrived in time to join Cortes, but most of them did not. Mexico and the Caribbean soon filled with desperate, ruthless soldiers looking to take part in the next great conquest. Conquistador armies scoured the New World for wealthy cities to loot. Some were successful, like Francisco Pizarros conquest of the Inca Empire in western South America, but most were failures, like Panfilo de Narvaez disastrous expedition to Florida in which all but four men out of over three hundred died. In South America, the legend of El Dorado - a lost city ruled by a king who covered himself in gold - persisted into the nineteenth century.  Ã‚  Ã‚   The Population of the New World was Decimated The Spanish Conquistadors came armed with cannons, crossbows, lances, fine Toledo swords and firearms, none of which had ever been seen by native warriors before. The native cultures of the New World were warlike and tended to fight first and ask questions later, so there was much conflict and many natives were killed in battle. Others were enslaved, driven from their homes, or forced to endure starvation and rapine. Far worse than the violence inflicted by the conquistadors was the horror of smallpox. The disease arrived on the shores of Mexico with one of the members of Panfilo de Narvaez army in 1520 and soon spread; it even reached the Inca Empire in South America by 1527. The disease killed hundreds of millions in Mexico alone: its impossible to know specific numbers, but by some estimates, smallpox wiped out between 25% and 50% of the population of the Aztec Empire. It Led to Cultural Genocide In the Mesoamerican world, when one culture conquered another - which happened frequently - the winners imposed their gods upon the losers, but not to the exclusion of their original gods. The vanquished culture kept their temples and their gods, and often welcomed the new deities, on the grounds that their followers victory had proven them strong. These same native cultures were shocked to discover that the Spanish did not believe the same way. Conquistadors routinely destroyed temples inhabited by devils and told the natives that their god was the only one and that to worship their traditional deities was heresy. Later, Catholic priests arrived and began burning native codices by the thousands. These native books were a treasure trove of cultural information and history, and tragically only a few battered examples survive today. It Brought Forth the Vile Encomienda System After the successful conquest of the Aztecs, Hernan Cortes and subsequent colonial bureaucrats were faced with two problems. The first was how to reward the blood-soaked conquistadors who had taken the land (and who had been badly cheated out of their shares of the gold by Cortes). The second was how to rule large swaths of conquered land. They decided to kill two birds with one stone by implementing the encomienda system. The Spanish verb encomendar means to entrust and the system worked like this: a conquistador or bureaucrat was entrusted with vast lands and the natives living on them. The encomendero was responsible for the safety, education and religious well-being of the men and women on his land, and in exchange, they paid him with goods, food, labor, etc. The system was implemented in subsequent conquests, including Central America and Peru. In reality, the encomienda system was thinly-disguised slavery and millions died in unspeakable conditions, particularly in mines. The N ew Laws of 1542 tried to rein in the worst aspects of the system, but they were so unpopular with colonists that Spanish landowners in Peru went into open rebellion. It made Spain a World Power Before 1492, what we call Spain was a collection of feudal Christian Kingdoms which could barely put aside their own squabbling long enough to oust the Moors from Southern Spain. One hundred years later, a united Spain was a European powerhouse. Some of that had to do with a series of efficient rulers, but much was because of the great wealth flowing into Spain from its New World holdings. Although much of the original gold looted from the Aztec Empire was lost to shipwrecks or pirates, rich silver mines were discovered in Mexico and later in Peru. This wealth made Spain a world power and involved them in wars and conquests around the globe. The tons of silver, much of which was made into the famous pieces of eight, would encourage Spains Siglo de Oro or golden century which saw great contributions in art, architecture, music, and literature from Spanish artists.   Sources: Levy, Buddy. . New York: Bantam, 2008. Silverberg, Robert. The Golden Dream: Seekers of El Dorado. Athens: the Ohio University Press, 1985. Thomas, Hugh. . New York: Touchstone, 1993.

Biography of Dolley Madison, Bipartisan First Lady

Biography of Dolley Madison, Bipartisan First Lady Born Dolley Payne, Dolley Madison (May 20, 1768 – July 12, 1849) was first lady of the United States as the wife of James Madison, the country’s fourth president. Over the course of her tenure as first lady, she was instrumental in forging friendly and social relationships between members of different political parties. Fast Facts: Dolley Madison Full Name:  Dolley Payne Todd MadisonOccupation: First lady of the United StatesBorn: May 20, 1768 in New Garden, North CarolinaDied: July 12, 1849 in Washington, D.C.Known For: As first lady, Dolley Madison influenced bipartisan efforts and was known for her grace and charm as a hostess.Spouses: John Todd (m. 1790-1793), James Madison (m. 1794-1836)Children: John Payne Todd (1792-1852), William Temple Todd (1793-1793) Quaker Childhood Dolley was the first daughter of Mary Coles Payne and John Payne Jr., Virginian transplants to North Carolina. Her mother was a lifelong Quaker, and her father joined the faith upon marrying Mary in 1761. In 1769, the Paynes returned to Virginia, where they raised their children on the family plantation. As a child, Dolley was very close to her mother’s family. The Paynes had four daughters (including Dolley) and four sons. As Quakers, the family was somewhat anti-slavery, and in 1783, they emancipated all their slaves. That same year, when Dolley was fifteen, the family moved again, this time to Philadelphia, where John Payne started a business as a starch merchant. Unfortunately, his business failed by 1791, resulting in his expulsion from the Quaker community. He died in 1792. First Marriage In 1790, when she was 22 years old, Dolley married John Todd, a Quaker lawyer whom she met in Philadelphia. They soon had two sons: John Payne Todd (named for Dolley’s father) and William Temple Todd (born in 1793). Her sister, Anna Payne, also moved in to help with the children.   Gilbert Stuart (American, 1755-1828). Dolley Dandridge Payne Todd Madison, 1804. Oil on canvas. White House Historical Association (White House Collection) Tragedy struck in 1793, when a yellow fever epidemic tore through Philadelphia, killing more than five thousand people over the course of four months. Dolley lost her husband, her son William, and her in-laws to the epidemic. In the aftermath, she was stuck dealing not only with her grief and raising her surviving son, but with the legal limitations placed on women inheriting. Because her brother-in-law was the executor of her husband’s will, he was able to withhold her inheritance from her until forced to retract after a lawsuit. At the time, laws around women’s financial rights left many women in positions like Dolley’s. Because women were severely limited in their ability to earn money or own any property, they were almost entirely financially dependent on male relatives, under a system known as coverture- the doctrine that essentially subsumed all of a woman’s rights into her husband’s upon marriage. Mrs. Madison Dolley was a young widow, only 25 years old, and was considered a very beautiful woman. Living in Philadelphia, the temporary capital of the new United States, resulted in Dolley encountering many of the elite figures of the time. Dolley was staying at a boarding house, where the lawyer Aaron Burr was also living. Burr had attended college with James Madison, who was then representing Virginia as a congressman in the House of Representatives. Reportedly, it was Burr’s idea to introduce his old friend and his neighbor. In early 1794, Burr introduced the two, and they apparently hit it off quickly. Although Dolley would have been aware of the necessity of remarriage in order to support herself and her son, she and Madison did apparently care deeply for each other- despite an age gap of seventeen years. They married that September, resulting in Dolley’s expulsion from the Quaker community for marrying outside her faith; she adopted James’ Episcopal faith instead. Drawings of the coin honoring Dolley Madison from the U.S. Mints First Spouse Gold Coin Program are displayed in the East Room of the White House November 19, 2007 in Washington, DC. Chip Somodevilla / Getty Images Madison served eight years in the House of Representatives before retiring from politics in 1797. Their family returned to Virginia, where Dolley helped her husband expand their house on his estate of Montpelier. However, the retirement didn’t last long. In 1800, Thomas Jefferson won the presidency, and he asked Madison to take the post of Secretary of State. Madison accepted, and he and his family moved to Washington. Because Jefferson was a widower, Dolley stepped in to fulfill some of the traditional functions of the first lady, as set out by Martha Washington. She assisted in furnishing the White House and served as hostess on several state occasions, while also befriending the wives of many international diplomats. During this era, she gained a reputation for her charm and graciousness. First Lady and Later Legacy Madison was the nominee of the Democratic-Republican Party in the 1808 election and won the presidency; he was reelected four years later as well. She functioned as the official hostess of the administration, smoothing over political tensions with her grace and social finesse. It was her social events, in fact, that helped bring together politicians of different parties. During her tenure as first lady, Dolley also participated in the advances of the ages: she was the only first lady given an honorary seat on the floor of Congress, and the first American to receive and reply to a telegraph message. Illustration shows American First Lady Dolley Madison (1768 - 1849) as she holds aloft the Declaration of Independence, as British soldiers approach the White House, Washington DC, August 24, 1814. Though Madison did save a number of documents from the White House, Gilbert Stuarts portrait of George Washington was the most historically important item she saved, and this image, which even includes a cracked display case in the background, is a fictional representation of the events. Stock Montage / Getty Images Dolley’s most famous action came in 1814- and, technically, it wasn’t even hers. During the War of 1812, British forces attacked Washington and burned much of the relatively new city. As the presidential staff hurried to depart, Dolley ordered that a painting of George Washington, a copy of the famous Lansdowne portrait, be taken down and saved. In popular culture, Dolley was depicted as the one who saved the painting, in reality, it was the house’s servants (or, more accurately, slaves) who did the saving. After Madison’s tenure as president ended in 1817, the family returned to Montpelier, where they enjoyed retirement. James Madison died on June 28, 1836, and Dolley spent the next year organizing and copying his papers for their records and for publication. She then returned to Washington, along with her sister Anna, in 1837. The Montpelier plantation was left in the care of her son, Payne Todd, but he suffered from alcoholism and other illnesses and was unable to carry out his duties properly. Instead, Dolley sold off Montpelier and the plantation’s remaining slaves to pay off her family’s debts. In her later years, Dolley Madison remained a fixture in Washington, as one of the last remaining members of the prominent Revolutionary War families. Over the years, her finances were intermittently shaky, and she sold the rest of her husband’s papers to help support herself. She passed away at the age of 81 at her home in Washington in 1849, and was first buried in the Congressional Cemetery in Washington, then reinterred alongside James at Montpelier. Along with other early presidential wives such as Martha Washington and Abigail Adams, Dolley Madison defined the role of the first lady and used social gatherings to work towards bipartisan cooperation in a chaotic era. Sources Allgor, Catherine. A Perfect Union: Dolley Madison and the Creation of the American Nation. New York: Henry Holy Co., 2006.â€Å"First Lady Biography: Dolley Madison.† National First Ladies Library, firstladies.org/biographies/firstladies.aspx?biography4.Howat, Kenna, ed. â€Å"Dolley Madison.† National Women’s History Museum, https://www.womenshistory.org/education-resources/biographies/dolley-madison.

Essay and a Dissertation Assignment Example | Topics and Well Written Essays - 1500 words

Essay and a Dissertation - Assignment Example Smith (2004) describes "the primary function of an essay is to improve skills in argumentation, or the process of reasoning methodically" in schools and universities. Dissertations are named differently cross borders and cross academic institutions for example; they are called extended essay, and thesis (White, 2007 p.1), and they are referred to as a long piece of independent work presented by most undergraduate business and management degree students ( White, 2007 p.1) as their final assessed work. Dissertations work requires in depth research in areas of independent work of students that unlike essay students create their own question for study and work with experienced advisor to find answers to overall research topics (Smith, 2004) and it has to be presented in acceptable academic standards (White, 2007). The most distinction of dissertation should be named as its requirement of originality (Smith, 2004). The conditions that topics could be accessed for suitability listed by Brian White can be summarized in more condensed list of three areas as; (a) interest (b) suitability and (c) resources. The simple measurement mechanism can be introduced by measuring scale of (a) robust, (b) fit and (c) unfit rating against the summarized three areas. Interest is unfit since my knowledge, experience and course of study has been around human resources, leadership and this topic requires macro and micro economic studies and geopolitical knowledge and interest. Furthermore, the suitability of topic can be examined by depth and breath of topic and accessibility and availability of resources and information. The next hundred years into future and the breadth of area of competition between Europe and China reveal the unfitted topic for a dissertation work of graduate school. Finally resources required to complete this topic is out of reach of any graduate student due to the breadths therefore it is called for unfit topic for dissertation work. 2. The introduction of Enterprise-Wide Resource Management in my company. This topic is overall fit since the topic meets the requirements of all three areas of suitability. It is interesting as it

1 Year Strategic Digital Marketing Plan with a view as to how this may Essay

1 Year Strategic Digital Marketing Plan with a view as to how this may be developed over three years - Essay Example The company is dedicated to inspire the disabled youngsters in the United Kingdom to actively participate in different kinds of sporting activities and events. The company also provides the disabled kids and young people with sports grants which can be used in the training, travel, physiotherapy, competition fees and development and design of sports wheelchairs. The aim of Get Kids Going (GKG) is to provide long term support and encourage the disabled children and youngsters in the country to achieve the dreams regarding their sports careers and their goals to become sporting athletes. The company recognizes that there are many talented youngsters in the country who dream to become athletes and runners. However, the enormous expenses required for training to become an athlete and to participate in the sports events like marathon act as restraints to the achievement of these dreams by the young disabled sports aspirants. The activities of the company are supported by the sponsorships of different marathon runners and athletes. Hundreds of athletes and runners in the country are supportive of the activities of Get Kids Going (GKG). These runners support the functioning of Get Kids Going (GKG) by running in various national and international sporting events like the Bupa Great North Run, Paris Marathon, New York marathon, Virgin London marathon, Ride London 100 Cycling Challenge, Berlin Marathon, L’Etape du Tour and other sports events taking place indifferent countries of the world. The support of donation and charity given by many companies, schools, trusts and individuals are also critical for the continuity of the activities of Get Kids Going (GKG). A digital marketing plan involves the use of digital and electronic medium as an important medium for promoting and selling the products and services of a company (Sadler, 2001). Get Kids

Cultural Competence with Gay and Lesbian Essay Example for Free

Cultural Competence with Gay and Lesbian Essay Being gay or lesbian has several implications notable of which are the manifestations of discrimination. Such effect is aggravated by a condition wherein the homosexuals are part of a diversified culture. This paper aims to make a presentation on â€Å"Cultural Competence with Gays and Lesbians† as discussed in the textbook written by Doman Lum. In doing so, it is the ultimate objective of this paper to make the public realize the important functions of social work professionals particularly their cultural capabilities in handling issues such as discrimination concerning homosexuals. Cultural Competence with Gay and Lesbian Introduction There is a joke about four people who are about to be fired because their company is facing profit loss. The manager failed to fire the initial three employees composed of black man, Mexican and woman. This is because the three threaten to sue the company for discriminating people based from their race, ethnic or culture and gender. The manager then was bent in firing the fourth employee noting there will be no problem at all because he is a male white American. Hence, to avoid dismissal, the fourth employee simply says â€Å"Well, I guess I could be gay† (â€Å"Gay joke – positive discrimination,† 2007). The said joke and its implication manifest that the concept of homosexuality has long been of undeniable significance to humans’ existence and the reality of being in different cultures where they belong. Hence, it is of equal relevance that being homosexual and the idea of cultural competence with gay and lesbian are effectively presented. This is because of the notable relationship which exists between homosexuality and racial or cultural color. Most importantly, it is also empirical to talk about that being gays and lesbians in a diversified culture results into the very damaging practice of discrimination. It is, therefore, of ultimate concern and objective that the value of having understandable presentation about being homosexual in varied culture is realized. This is possibly achieved if people with expertise will discuss the subject matter. This is due to the need for clear presentation of all the details which paves the way for being culturally capable with homosexual persons and eventually resolving the issue of discrimination. Of Gays and Lesbians In today’s modern society, the commonality of being and lesbian has sets ground. In fact, social recognition and work practice have advanced due to the fact that significant number of gays and lesbians from various cultures already came forward. Gone are the days that homosexuality is perceived as a social ill which requires change. Thus, concerned field professionals realize nowadays the existing personal and cultural identities of homosexuals by exerting earnest efforts at upholding their distinct nature of being gays and lesbians. This condition was what Walters, Longres, Han and Icard (2006) stated when they discussed the concept of â€Å"cultural competence with gay and lesbian persons of color† (Walters, Longres, Han Icard, 2006). In presenting further the issue, Walters and company explained that while homosexuality is now openly talked about, it is significantly worthy to consider and focus on the conditions affecting gays and lesbians of color or what they called GALOCs. This is because through a clear and mind-opening discussion about the negative or harmful situations that homosexuals of diversified cultures are experiencing, the society is aimed at realizing the important contributions and roles of social work professionals. In doing so, addressing, if not resolving concerns and the various forms of discrimination against GALOCs are easily achieved (Walters, Longres, Han Icard, 2006). Cultural Competence with Gays and Lesbians It is necessary for social workers or professionals to exemplify cultural competence in dealing with homosexuals of various ethnic roots. This is in order to identify the nature and eventually come up with possible solutions to the experiences of discrimination against gays and lesbians. Prejudice due to being homosexual is itself not in accordance with human nature thus aggravating the situation by subjecting gays and lesbians to unfairness due to their respective or varying cultures causes more alarm (Walters, Longres, Han Icard, 2006). Walters and company emphasized the principle of cultural ability and proficiency of social workers or professionals in handling issues concerning gays and lesbians. They stated that the effective development of a well and cultural characteristics among GALOCs calls for the social professionals’ competence to talk and resolve issues such as discrimination against gays and lesbians of different race. This is where the clear link between racial personality and sexual distinctiveness of gays and lesbians definitely matters. This is because once recognized, social professionals are able to respond and resolve the condition of bias inflicted among homosexuals of various colors (Walters, Longres, Han Icard, 2006). This is particularly realized based from the manifestations of discrimination made to several homosexuals from racial groups composed of â€Å"First Nations Peoples, African Americans, Asian Americans and Latino/s Americans† (Walters, Longres, Han Icard, 2006). In doing so, Walters and company learned that there is indeed a need for cultural competence among social professionals in order to underline the harmful effects of social injustices which the gays and lesbians inevitably suffer (Walters, Longres, Han Icard, 2006). Supporting the above-mentioned principles, it can be said that cultural capability, particularly as regard the social professionals’ service and practice towards GALOCs, requires the critical assessment of numerous social and private characteristics. It also needs the recognition of inconsistent duties as well as several factors that relate with discrimination of gays and lesbians coming from different cultures. Social fairness orientation, as far as social work service and practice towards homosexuals is concern, makes us wary that oppression and discrimination should cease to exist. If it is otherwise tolerated to happen in the areas of culture and gender or sexual preference, then nobody, not even the gays and lesbians are really free (Walters, Longres, Han Icard, 2006). Conclusion Cultural competence with gays and lesbians is attributed to the abilities of social professionals. This means that culturally-capable social work service and its professionals need liberating pedagogy which respects the value of the fight for cultural and gender impartiality for homosexuals. And this ultimately includes the fight against discrimination. References In my mind’s eye. (2007, December 19). Gay joke – positive discrimination. Message posted to http://pure-eyecontact. blogspot. com/2007/12/gay-joke-positive-discrimination. html Walters, K. L. , Longres, J. F. , Han, C. Icard, L. D. (2006). Cultural Competence with Gay and Lesbian Persons of Color. In Doman Lum (Ed. ), Culturally Competent Practice: A Framework for Understanding Diverse Groups and Justice Issues (389-423). Kentucky: Thomson Brooks/Cole.

Proposal for An Advanced Art Project :: Artist Papers

Proposal for An Advanced Art Project First off, I need to propose my theme that will encompass the majority of my art works in my stated media. Out of painting, print making and sculpture, I am choosing to work with the latter for two main reasons. One, I'm not that great at capturing visual ideas on the somewhat two- dimensional surface of paper or canvas. Adding to that I thought that sculpture would allow me to have a greater release of creativity as my work can explode into the third dimension with many added features. After pondering upon ideas for a theme, I hit upon four major factors that I want to incorporate within my work. Firstly, I want it to make a definite immediate visual contact with the viewer through use of thought provoking forms and features. Next, I may wish at times to incorporate audible stimuli to further draw the viewer into my work. Thirdly, I want some interaction of the sculpture with the viewer, so that they can make a more intimate contact with the piece through tactile and kinesthetic action, so that they thus may "get into it" more and begin to experience some of the passion & feeling that I put into my work as it is thus conveyed to and impressed upon them. As a title theme for my year's work I have come up with "Multifaceted Interactive Involvement With The Electro- Magnetic Spectrum." This includes many different forms of radiation, light and waves. I am also integrating sound to give an added flair. Some practical project examples that I intend to carry through and actually construct can be found in ideas 11 and 12. As my topic theme is fairly limiting, this is quite challenging, but great, as it allows me to create many different forms of work, all tied in to a common specific point. I thought it also might be interesting though if I deviated slightly from the main theme and as a secondary little theme chose something to do with the people in the class surrounding me. There are six in total, including myself and the teacher. There are six sides on a cube and this gave rise to idea for a project. The final result of this co-relates to idea number 9. Soon after, idea 10 followed as I got to thinking about the "average" student of art. This can also include the Proposal for An Advanced Art Project :: Artist Papers Proposal for An Advanced Art Project First off, I need to propose my theme that will encompass the majority of my art works in my stated media. Out of painting, print making and sculpture, I am choosing to work with the latter for two main reasons. One, I'm not that great at capturing visual ideas on the somewhat two- dimensional surface of paper or canvas. Adding to that I thought that sculpture would allow me to have a greater release of creativity as my work can explode into the third dimension with many added features. After pondering upon ideas for a theme, I hit upon four major factors that I want to incorporate within my work. Firstly, I want it to make a definite immediate visual contact with the viewer through use of thought provoking forms and features. Next, I may wish at times to incorporate audible stimuli to further draw the viewer into my work. Thirdly, I want some interaction of the sculpture with the viewer, so that they can make a more intimate contact with the piece through tactile and kinesthetic action, so that they thus may "get into it" more and begin to experience some of the passion & feeling that I put into my work as it is thus conveyed to and impressed upon them. As a title theme for my year's work I have come up with "Multifaceted Interactive Involvement With The Electro- Magnetic Spectrum." This includes many different forms of radiation, light and waves. I am also integrating sound to give an added flair. Some practical project examples that I intend to carry through and actually construct can be found in ideas 11 and 12. As my topic theme is fairly limiting, this is quite challenging, but great, as it allows me to create many different forms of work, all tied in to a common specific point. I thought it also might be interesting though if I deviated slightly from the main theme and as a secondary little theme chose something to do with the people in the class surrounding me. There are six in total, including myself and the teacher. There are six sides on a cube and this gave rise to idea for a project. The final result of this co-relates to idea number 9. Soon after, idea 10 followed as I got to thinking about the "average" student of art. This can also include the

Saying No to Bribes †The Infosys Way

Corruption is widespread in every walk of life in many parts of the world. It is difficult to define and identify corruption in black and white. Bribing is a form of corruption many corporate bodies try to indulge. Companies like Infosys disagreed with Government and other contractors who take to corruption considering it as the way of the world phenomenon. Ultimately, the Infosys strategy worked and the message to the corporate world is that honesty, transparency and fairness can make you win irrespective of the corrupt environment around you. This gives a new insight in to the Virtue Matrix and suggests that a new socially responsible corporate world is in the offing. Saying No to Bribes – The Infosys Way The Cut Out Tasks As a Regional Sales Manager of South East Asia, located in Philippines, I prefer to take the bull by the horns. I have a tough time meeting my corporate goals. There are competitors. I understand my responsibilities that I owe to my employer. I do not have the freedom to show an entirely antagonistic approach to the existing forms of corruption. But I certainly have the freedom to choose the gradient with which I could maneuver scenarios that involve bribing either directly or indirectly. I am proud of Narayana Murthy of Infosys who asked the customs official â€Å"What is the alternative to paying bribe? † and later he decided â€Å"We will just do that. † (Abdelal, Di Tella & Kothandaraman, 2007) It was a threatening moment for Infosys politically and financially at the start-up. The question was raised whether Narayana Murthy had succeeded in corporate governance by being anti-corrupt. The answer very much lies in the fact that the Indian Government awarded Narayana Murthy with the corporate governance award in 2000. Infosys grew fabulously. Today it is known for transparency, honesty and trustworthiness. Besides, it stands as a role model inspiring the corporate world. I would avert any situation that lures me towards corruption and solely benefits me. I would be religious in deciding between choices. The hypothetical case narrated by Narayana Murthy that ‘if he were traveling in Siberia alone and a lady was ready to have a consensual relationship with him, he would deny it’ is a fine example that conscience governs us in our walk of life (Abdelal, Di Tella, Kothandaraman, 2007). The Infosys Strategy Next, I would think from a different perspective – the Infosys strategy. If Infosys could say no to bribe and overcome difficult times at its start-up phase, why not my company? Where there is a will, there is a way. I would like to develop my team with a positive note and motivate the team members to vie for an identity. Identity is earned through honest practices, transparency, sincerity, by being qualitative and competent in business. The first and serious test for Infosys was threatening both financially and politically when they did not have an identity. At a later stage, Narayana Murthy noted â€Å"We have had zero trouble with customs since then† (Abdelal, Di Tella, Kothandaraman, 2007). Other companies like Tata Consulting Services and Wipro followed its path to remain non-corrupt in their dealings. When a company is given to corruption for whatsoever reason, there is no guarantee that it would be in compliance with socially responsible behaviors. Companies like Infosys with its honesty, integrity, and transparency, will be able to keep in tact the civil foundation at the time of less healthy economies. During troubled times, only the trusted senior management of a company can avert the risks involved to perform well in the strategic frontier of the Virtue Matrix. The able leadership ingrained with corporate virtue alone can work in the growth and interests of the company that maintains equilibrium among shareholders, employees, their communities, and the environment. Besides the above-mentioned factors, the role of Government is vital in assisting the companies with policies that are impartial and supportive. This in turn will help the companies build socially responsible relations. The Infosys strategy is certainly the right strategy to build the civil foundation in India but with expectations still awaiting from all sides. There is a growing trend of many companies following at least a minimal degree of social responsibility. This is an indication that building a civil foundation in India using Virtue Matrix is a near possibility. The Growing Trend in Asia The last three decades have witnessed a lot of political and economic changes in the Asian countries. The pressure and demand by the Non-Governmental Organizations, regulators and the social organizations on corporate companies are more. The combined effort of Non-Governmental Organizations and a strong legal system can drive away corruption and improve working conditions as it is already happening in South Asia. By and large many companies started showing interests in social and environmental responsibilities. The scope of stepping up this positive trend lies in wise adaptation of the Virtue Matrix by the companies in Asia. However, the fact that corruption in many Asian countries compared to many European countries is high, makes it difficult to bring a drastic change (Abdelal, Di Tella, & Kothandaraman, 2007). Guarding S and E Corruption is an epidemic which could spread down the hierarchy following the pecking order. Only if the top order is non-corrupt and lead by example, the others in the company will follow it. When honesty and integrity are flouted by bribing, the company cannot show an impeccable face towards Skills and Engagements. If at all it does, it is in the self interests of the company for the sake of revenue. The companies should have ethics and corporate virtue while developing technology. This will promote socially responsible attitudes and avoid infringing the rights or utilizing the skill sets to their advantage.

Lbo Model

Leveraged Buyout Model (LBO) Copyright 2009 Investment Banking Institute www. ibtraining. com Table of Contents I. Uses for An LBO Model on Sell-side and Buy-side Construction of LBO Model Structure and Assumptions Worksheet Purchase price calculation and considerations Sources and Uses II. Capital Structure Alternatives Integration of Proforma Balance Sheet into Financial Model Income Statement, Balance Sheet and Cash Flow Projections Integration III. IRR Analysis for Financial Sponsor and Hybrid Debt Lender IV. Sensitivity Tables V. Credit Ratios 2 Uses for an LBO Model on the Buy-SideA Leveraged Buyout Model (â€Å"LBO Model†) is a key analysis used by private equity firms / financial sponsors to evaluate a potential acquisition The goal of an LBO is to acquire a company by financing the purchase with as much debt as the cash flows of the business and the debt markets will support The more debt a financial sponsor is able to obtain to finance an acquisition, the less of an equity investment the financial sponsor has to make The higher the leverage levels, the higher the expected Internal Rate of Return (â€Å"IRR†) is for the financial sponsor / private equity firm The goal of an LBO model is to establish expected internal rates of return (â€Å"IRR†) for the acquisition using a financial model that reflects the following: Purchase price assumptions and the necessary cash needed to finance the acquisition (uses of cash) Capitalization assumptions: leverage (amount of debt), different debt tranches, equity investment amounts (sources of cash) Base case financial projections for the income statement, balance sheet and cash flow based upon the purchase price and capitalization assumptions The LBO model should be built with the ability to run sensitivities for a range of purchase prices, capitalization structures, operating assumptions, etc. 3 Uses for an LBO Model on the Buy-Side Private Equity Firms / Financial Sponsors usually have a requ ired rate of return hurdle f the expected IRR range for a potential acquisition does not meet or exceed the hurdle rate, often the PE firm / financial sponsor does not move forward with the acquisition PE firms required rates of return usually range from 15% on the low-side to 30% on the high-side, with the typical range targeted at 18% – 25% The IRR analysis is strongly driven by the amount of leverage With higher leverage levels, the financial sponsor has to invest less equity, and therefore has a higher IRR Therefore, often the goal is to leverage up the Company as much as the cash flow of the business and the debt markets will permit More leverage makes the business inherently riskier, as more of the cash flows generated by the business will be used to pay interest expense and debt serviceThe amount of leverage is largely determined by the state of the debt markets 4 Uses for an LBO Model on the Buy-Side The amount of leverage is largely determined by the state of the deb t markets For the last several years, the debt markets have been experiencing excess liquidity Because of the excess liquidity, lenders have been allowing higher leverage levels Depending on the industry and business, transactions over the last several years have been leveraged at between 4. 0x – 6. 0x recent EBITDA These higher leverage levels allow the financial sponsor to pay more for the company and still attain its required IRR The leverage level of 4. 0x – 6. x recent EBITDA is comprised of some combination of senior secured loans and junior loans (second lien, third lien, unsecured loan, hybrid debt / equity securities) Lenders may require the financial sponsor to have a minimum equity investment as % of total capitalization Minimum equity contribution is typically around 20% – 25%, depending on industry and purchase price 5 Uses for an LBO Model on the Buy-Side The LBO Model is also used for the Lenders’ perspectives Lenders like to see expected l everage and coverage ratios based upon the Company’s projected income statement, balance sheet, cash flow, and capitalization Typical ratios that lenders like to see are: Leverage RatiosTotal Debt / EBITDA Net Debt / EBITDA Secured Debt / EBITDA EBITDA / Net Interest Expense EBITDA / Cash Interest Expense Interest Coverage Statistics EBITDA / Net Interest Expense EBITDA / Cash Interest EBITDA – Capex / Net Interest Expense EBITDA – Capex / Cash Interest Expense EBITDA – Capex – ? W/C / Net Interest Expense EBITDA – Capex – ? W/C / Cash Interest Expense EBITDA – Capex – ? W/C – Taxes/ Net Interest Expense EBITDA – Capex – ? W/C – Taxes/ Cash Interest Expense 6 Uses for an LBO Model on the Sell-Side Investment Bankers often construct LBO models to: Provide this service to a financial sponsor client that is interested in pursuing an acquisitionProvide this service to a Company client where the co mpany is being sold – Illustrates the range of purchase prices financial buyers could pay and still attain their required IRR – Uses the current debt markets conditions as assumptions for the capitalization As a â€Å"gut-check† for other valuation methodologies (DCF, Public comparable company multiples, acquisition multiples) 7 Table of Contents I. Uses for An LBO Model on Sell-side and Buy-side Construction of LBO Model Structure and Assumptions Worksheet Purchase price calculation and considerations Sources and Uses II. Capital Structure Alternatives Integration of Proforma Balance Sheet into Financial ModelIncome Statement, Balance Sheet and Cash Flow Projections Integration III. IRR Analysis for Financial Sponsor and Hybrid Debt Lender IV. Sensitivity Tables V. Credit Ratios 8 Construction of LBO Model Structure and Assumptions Worksheet Build upon the Financial Model template, and modify accordingly Add a worksheet for the LBO Model Structure and Assumptio ns The LBO Assumptions tab will have drivers for Purchase price assumptions Uses: Cash required to acquire the company and pay associated fees Sources: Cash available to acquire the company (debt, equity) USES = SOURCES Capitalization assumptions IRR Analyses 9 Purchase Price Calculation and ConsiderationsThe determination of the purchase price is complicated and typically involves a full-scale valuation (DCF, public company multiples and transaction multiples) as well as extensive due diligence on Company’s operations, financial condition, management team, customers, suppliers, assets, etc. If the Company has publicly traded equity, then typically a purchase price would be calculated much as TEV is calculated: (Offer price per share * fully diluted shares) + debt + minority interest + preferred interest – cash For the purposes of this model, we are assuming the LBO of a private company, and therefore using the most recent 12 month EBITDA and EBITDA multiple as the dri vers of purchase price Purchase price = EBITDA * EBITDA multiple We are assuming the transaction closes on December 31, 2008 LBO of Company A ($ in millions) TRANSACTION ASSUMPTIONS Closing Date 31-Dec-08 2008 EBITDA $60. 0 EBITDA Multiple 6. 0xTransaction (Enterprise) Value $360. 0 Less: Existing Debt ($190. 8) Plus: Cash $0. 0 Implied Equity Purchase Price $169. 2 10 Sources and Uses Total Uses is the amount of cash necessary to complete the transaction Usually equals the purchase price plus transaction fees and any other cash payment required as part of the transaction – For the LBO of a publicly traded company, purchase price is calculated as (offer price per share * shares outstanding ) + debt + minority interest + preferred equity – cash, and cash on target’s balance sheet is used as a source Other required cash payments could be payments to certain parties that kick-in with a change of control (e. g. anagement payments, premiums to outstanding notes, etc. ) Total Sources illustrates the sources of capital to complete the transaction Usually equals debt + equity + any other cash available Total Uses = Total Sources LBO of Company A ($ in millions) TRANSACTION ASSUMPTIONS Closing Date 31-Dec-08 2008 EBITDA $60. 0 EBITDA Multiple 6. 0x Transaction (Enterprise) Value $360. 0 Less: Existing Debt ($190. 8) Plus: Cash $0. 0 Implied Equity Purchase Price $169. 2 TOTAL USES Uses Equity Purchase Price Paydown Existing Debt Financing Fees Investment Banking Fees Legal Fees Other Fees and Expenses $169. 2 $190. 8 8. 0 4. 0 1. 0 1. 0 Total Uses $374. 0 TOTAL SOURCES Amount EBITDA of Funded Multiple Capitalization $0. 0 0. 0x 0. 0% 0. 0 0. 0x 0. 0% 120. 0 2. 0x 32. 1% 90. 0 1. 5x 24. 1% 60. 0 1. 0x 16. 0% 270. 0 4. 5x 72. 2% 104. 0 27. 8% $374. 0 100. 0% Capitalization Cash Revolver Term Loan Senior Bonds Unsecured Notes with Warrants Total Debt Sponsor Equity Total Sources 11 Interest Rate Cash Pay PIK 7. 0% 7. 5% 9. 5% 0. 0% 0. 0% 0. 0% 0. 0% 1 0. 0% % of Fully Diluted Equity na na na 5. 0% Capital Structure Alternatives The Total Sources Side is comprised of the capitalization assumptions The financial sponsor typically wants to leverage the transaction as much as the business’s cash flow and the lenders will allowDepending on the conditions of the debt markets and lenders’ requirements, financial sponsors would typically provide approximately 20% – 30% of the capitalization as an equity investment The debt is comprised of different securities usually provided by different lenders Revolver / Term loan (senior secured loans) are usually provided by typical commercial banks such as Citigroup, JPMorganChase, GE Commercial Finance, etc. , and have lower interest rates Junior loans such as second and third lien pieces and unsecured loans can be provided by public markets (high yield issue) and private placements (hedge funds, junior loan providers, investment bank providing balance sheet financing, etc. )O ften, the most junior piece on the capital structure will have equity warrants attached; the most junior lender will require a much higher rate of return than the more senior lenders The financial sponsors want to attain as much of the lower-priced debt as possible; in this example, we have assumed that total senior leverage (revolver + term loan) = 2. 0x EBITDA The example shows a 4. 5x EBITDA leverage ratio, and 1. 7x EBITDA equity ratio (LTM EBITDA is $60 million in this case) Capitalization Cash Revolver Term Loan Senior Bonds Unsecured Notes with Warrants Total Debt Sponsor Equity Total Sources TOTAL SOURCES Amount EBITDA % of Funded Multiple Capitalization $0. 0 0. 0x 0. 0% 0. 0 0. 0x 0. 0% 120. 0 2. 0x 32. 1% 90. 0 1. 5x 24. 1% 60. 0 1. 0x 16. 0% 70. 0 4. 5x 72. 2% 104. 0 27. 8% $374. 0 100. 0% 12 Interest Rate Cash Pay PIK 7. 0% 7. 5% 9. 5% 0. 0% 0. 0% 0. 0% 0. 0% 10. 0% % of Fully Diluted Equity na na na 5. 0% Creation of Proforma Balance Sheet Proforma Balance Sheet ($ in millions) Balance Sheet Assets Cash Accounts Receivable Inventory Other Current Assets Total Current Assets Historical Dec. 31 2008 $0. 0 $16. 0 $10. 0 $1. 0 $27. 0 Financing/ Transaction Adjustments $0. 0 0. 0 0. 0 0. 0 $0. 0 Proforma Dec. 31 2008 $0. 0 16. 0 10. 0 1. 0 $27. 0 Gross PP&E Cumulative Depreciation Net PP&E $323. 2 $45. 0 $278. 2 $0. 0 0. 0 $0. 0 $323. 2 45. 0 $278. 2 Amortizable Intangibles GoodwillTotal Assets $0. 0 5. 0 $310. 2 $8. 0 65. 2 $73. 2 $8. 0 70. 2 $383. 4 Liabilities Accounts Payable Accrued Liabilities Other Current Liabilities Total Current Liabilities $11. 0 $2. 4 $0. 0 $13. 4 $0. 0 0. 0 0. 0 $0. 0 $11. 0 $2. 4 0. 0 $13. 4 Existing Debt Revolving Credit Facility Term Loan Unsecured Debt $40. 8 $100. 0 $50. 0 New Debt Revolving Credit Facility Term Loan Second Lien Unsecured Debt $0. 0 0. 0 0. 0 0. 0 $0. 0 $120. 0 $90. 0 $60. 0 $0. 0 $120. 0 $90. 0 $60. 0 Other Liabilities Total Liabilities $2. 0 $206. 2 $0. 0 $79. 2 $2. 0 $285. 4 Shareholders Equity Re tained Earnings Common Stock Total Shareholders Equity $94. 0 10. 0 $104. ($100. 0) $94. 0 ($6. 0) Total Liabilities and Equity Check $310. 2 $0. 0 $73. 2 $0. 0 ($40. 8) ($100. 0) ($50. 0) $0. 0 $0. 0 $0. 0 ($6. 0) 104. 0 $98. 0 $383. 4 $0. 0 13 Creating a proforma balance sheet on a new worksheet allows for the integration of the new capital structure / sources into the existing financial model In the purchase of a private company, the seller typically sweeps all of the cash on the balance sheet at closing In the LBO of a publicly traded company, cash would not typically be swept as it is part of the offer price per share There may be a writeup or writedown of the value of the AR, Inventory and PP&E; this has an mpact on the tax basis All financing fees incurred in the transaction can still be capitalized and amortized The Goodwill is Purchase Price + M&A Fees – New Debt – Old Book Value of Equity; this amount can no longer be amortized In the purchase of a public com pany, goodwill is calculated as equity value of purchase – book value of equity The buyer typically assumes all of the normalcourse short term liabilities The â€Å"old debt† is eliminated (as the seller typically uses proceeds from the sale to pay all existing debt) In the purchase of a public company, often the existing debt of the acquired company remains outstanding, and is â€Å"assumed† by the acquirerThe â€Å"new debt† is fed from the Total Sources cells Shareholders’ Equity may require a plug to allow for the Total Assets to equal Total Liabilities + Shareholders’ Equity Creation of Proforma Balance Sheet ($ in millions) PROJECTED FINANCIAL STATEMENTS Fiscal Year Ending December 31, 2009P 2010P 2011P 2012P 2013P 2008A Pro Forma 2008P Balance Sheet Assets Cash Accounts Receivable Inventory Other Current Assets Total Current Assets $0. 0 $16. 0 $10. 0 $1. 0 $27. 0 $0. 0 $16. 0 $10. 0 $1. 0 $27. 0 $0. 0 $17. 5 $10. 5 $1. 0 $29. 0 $0. 0 $18. 4 $11. 0 $1. 0 $30. 4 $1. 9 $19. 3 $11. 6 $1. 0 $33. 8 $7. 5 $20. 3 $12. 2 $1. 0 $40. 9 $0. 0 $21. 3 $12. 8 $1. 0 $35. 0 Gross PP&ECumulative Depreciation Net PP&E $323. 2 $45. 0 $278. 2 $323. 2 $45. 0 $278. 2 $337. 9 $51. 8 $286. 1 $353. 3 $58. 8 $294. 5 $369. 5 $66. 2 $303. 3 $386. 6 $73. 9 $312. 6 $404. 4 $82. 0 $322. 4 Amortizable Intangibles Goodwill Total Assets $0. 0 $5. 0 $310. 2 $8. 0 $70. 2 $383. 4 $6. 4 $70. 2 $391. 7 $4. 8 $70. 2 $399. 9 $3. 2 $70. 2 $410. 5 $1. 6 $70. 2 $425. 4 $0. 0 $70. 2 $427. 6 Liabilities Accounts Payable Accrued Liabilities Other Current Liabilities Total Current Liabilities $11. 0 $2. 4 $0. 0 $13. 4 $11. 0 $2. 4 $0. 0 $13. 4 $11. 7 $2. 5 $1. 0 $15. 2 $12. 3 $2. 6 $1. 0 $15. 9 $12. 9 $2. 8 $1. 0 $16. 6 $13. 5 $2. 9 $1. 0 $17. 4 $14. 2 $3. 1 1. 0 $18. 2 Existing Debt: Revolving Credit Facility Term Loan Unsecured Debt $40. 8 $100. 0 $50. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $0 . 0 New Debt Revolving Credit Facility Term Loan Senior Bonds Unsecured Debt $0. 0 $0. 0 $0. 0 $0. 0 $0. 0 $120. 0 $90. 0 $60. 0 $1. 5 $100. 0 $90. 0 $66. 0 $1. 0 $80. 0 $90. 0 $72. 6 $0. 0 $60. 0 $90. 0 $79. 9 $0. 0 $40. 0 $90. 0 $87. 8 $3. 8 $0. 0 $90. 0 $96. 6 Other Liabilities Total Liabilities $2. 0 $206. 2 $2. 0 $285. 4 $2. 0 $274. 7 $2. 0 $261. 5 $2. 0 $248. 5 $2. 0 $237. 3 $2. 0 $210. 7 Shareholders Equity Retained Earnings Common StockTotal Shareholders Equity $94. 0 $10. 0 $104. 0 ($6. 0) $104. 0 $98. 0 $13. 1 $104. 0 $117. 1 $34. 4 $104. 0 $138. 4 $58. 0 $104. 0 $162. 0 $84. 1 $104. 0 $188. 1 $112. 9 $104. 0 $216. 9 Total Liabilities and Equity Check $310. 2 $0. 0 $383. 4 $0. 0 $391. 7 $0. 0 $399. 9 $0. 0 $410. 5 $0. 0 $425. 4 $0. 0 $427. 6 $0. 0 14 The Proforma Balance Sheet is then fed into the existing model’s balance sheet, and integrated appropriately into the cash flow and income statement We are assuming the transaction occurs on Dec. 31, 2008 Be careful whe n you are integrating to NOT CHANGE the income statement, balance sheet and cash flow statement for the period right efore the transaction date The income statement and cash flows for 2008 will not change because of the acquisition (as it occurs on Dec. 31, 2008, after the 2008 period has ended) Only the 2009 and onward income statement and cash flows will reflect the impact of the new capital structure / balance sheet Income Statement, Balance Sheet and Cash Flow Projections Integration The remainder of the projection model is completed as we discussed in the last class Construction of a debt and interest schedule and revolver model allows the integration of the income statement, balance sheet and cash flow projections Be careful to make sure that the cash flow for the period irectly following the transaction closing is being calculated as the changes in the proforma balance sheet and that period directly following the transaction 15 Table of Contents I. Uses for An LBO Model on Se ll-side and Buy-side Construction of LBO Model Structure and Assumptions Worksheet Purchase price calculation and considerations Sources and Uses II. Capital Structure Alternatives Integration of Proforma Balance Sheet into Financial Model Income Statement, Balance Sheet and Cash Flow Projections Integration III. IRR Analysis for Financial Sponsor and Hybrid Debt Lender IV. Sensitivity Tables V. Credit Ratios 16 IRR Analysis for Financial SponsorsThe financial sponsor’s IRR analysis accounts for all cash flows coming from the financial sponsor for or to the Company, as well as all cash flows from the Company to the financial sponsor during the period from closing the acquisition to the sale of the company (other than management fees) Often, the company pays the financial sponsor â€Å"management fees† in exchange for the financial sponsor’s ongoing support, management and advice provided to the management team as well as covering the financial sponsor’s d irect expenses and overhead allocation Management fees are expensed as an SG&A expense on the company’s income statement and range greatly, depending on company’s sizeTypically financial sponsors do not include the payment of management fees in the IRR analysis 17 IRR Analysis for Financial Sponsors Amounts that the financial sponsor pays for or to the company are counted as cash outflows; examples include Initial equity investment Any additional equity investments made into the company during the holding period Any amount received by the financial sponsor from or by the company are counted as cash inflows (other than management fees); examples include: Proceeds from sale of the company Common or preferred dividends paid to financial sponsor Proceeds from a recapitalization 18 IRR Analysis for Financial SponsorsCalculate the sale of the business, assuming it is sold on December 31, 2013 Use the 2013 projected EBITDA, and the same EBITDA multiple assumption used for the purchase of the Company in 2008 Calculate the proceeds to the financial sponsor, taking into account any equity dilution that may result from warrants, management stock plan, transaction fees, etc. SALE OF COMPANY A IN 2013 Closing Date 31-Dec-13 2012 EBITDA EBITDA Multiple Transaction Value Less: Total Debt Plus: Cash Balance $76. 6 6. 0x $459. 5 (190. 5) 0. 0 Less: Transaction Fees (1) Equity Value % Equity to Sponsor Equity to Sponsor (6. 6) $262. 4 95. 0% $249. 3 % Equity to Unsecured Lender Equity to Unsecured Lender 5. 0% 13. 1 (1) Assumes 1% of Purchase Price for Investment Banking Fees, plus $2 million in legal and other expenses. 19 IRR Analysis for Financial Sponsors The following table illustrates the categories to calculate the IRR to the financial sponsor Any cash flow from the financial sponsor for or to the company is negative Any cash flow from or for the company to the financial sponsor is positive In general there is no closed-form solution for IRR, particularly w ith variable cash flows for each year; however, excel can easily calculate the IRR using the following formula: = IRR (total cash flows over period, estimated IRR) From Total Sources tableSALE OF COMPANY A IN 2013 Closing Date 31-Dec-13 2012 EBITDA EBITDA Multiple Transaction Value Less: Total Debt Plus: Cash Balance Less: Transaction Fees Equity Value % Equity to Sponsor Equity to Sponsor $76. 6 6. 0x $459. 5 (190. 5) 0. 0 (1) % Equity to Unsecured Lender Equity to Unsecured Lender IRR to Financial Sponsor Initial Equity Investment Dividends Proceeds at Sale Total Cash Flows to Sponsor IRR Calculation 12/31/08 ($104. 0) 0. 0 0. 0 ($104. 0) 19. 1% 12/31/09 $0. 0 0. 0 0. 0 $0. 0 12/31/10 $0. 0 0. 0 0. 0 $0. 0 12/31/11 $0. 0 0. 0 0. 0 $0. 0 12/31/12 $0. 0 0. 0 0. 0 $0. 0 12/31/13 $0. 0 0. 0 249. 3 $249. 3 (6. 6) $262. 4 95. 0% $249. 3 5. 0% $13. 1IRR = IRR (Total Cash flows to sponsor 2009 – 2013, estimated IRR) 20 IRR for Hybrid Securities Holder The following table illustrate s the categories to calculate the IRR to the Unsecured Lender Recall from the sources and uses, that the unsecured lender loaned an amount of $60 million at a 10% PIK interest rate, with equity warrants equal to 5% of the fully-diluted equity of the company upon a sale Any cash flow from the lender to the company is negative (initial loan) Any cash flow from the company to the lender is positive (includes any cash interest received during the period, the payment of the principal balance plus any accrued interest at maturity, and equity to the unsecured lender at a sale)In certain cases, the exercise of the warrants would require the payment by the warrant holders to the Company of an exercise price; the proceeds from the warrant exercise would be a source of cash for the seller This is very transaction-specific and would be extensively negotiated in the agreement between the company and the lenders From Total Sources table IRR to Unsecured Lender Initial Loan Cash Interest Received Principal Repayment at Sale Equity from Warrants at Sale Total Cash Flows to Lender IRR Calculation From Debt and Interest Schedule – Cash Interest only 12/31/08 ($60. 0) 0. 0 0. 0 0. 0 ($60. 0) 12. 8% 12/31/09 $0. 0 0. 0 0. 0 0. 0 $0. 0 12/31/10 $0. 0 0. 0 0. 0 0. 0 $0. 0 12/31/11 $0. 0 0. 0 0. 0 0. 0 $0. 0 12/31/12 0. 0 0. 0 0. 0 0. 0 $0. 0 12/31/13 $0. 0 0. 0 96. 6 13. 1 $109. 8 From Balance Sheet IRR = IRR (Total Cash flows to lender 2006 – 2010, estimated IRR) 21 Table of Contents I. Uses for An LBO Model on Sell-side and Buy-side Construction of LBO Model Structure and Assumptions Worksheet Purchase price calculation and considerations Sources and Uses II. Capital Structure Alternatives Integration of Proforma Balance Sheet into Financial Model Income Statement, Balance Sheet and Cash Flow Projections Integration III. IRR Analysis for Financial Sponsor and Hybrid Debt Lender IV. Sensitivity Tables V. Credit Ratios 22 Sensitivities on Financial ModelRunning sensit ivities on your LBO assumptions is a good check to make sure the model is running properly as well as being able to show how a change in one variable will impact the whole model Sensitivity tables illustrate the impact on the model for a range of variable changes, and this LBO model has the flexibility to run sensitivities on the LBO assumptions (purchase price, capital structure, etc. ) and the business’s operations (growth rates, margins, etc) to see the impact on the expected IRRs of the financial sponsor and unsecured lender Setting up a sensitivity table: Input a range of variables on the x-axis of the chart Input a second range of variables on the y-axis of the chart link the intersection cell on the left hand corner of the chart to the cell that has the proper formula Highlight the data sensitivity tableGo to â€Å"Data† toolbar, select â€Å"Table†; a box pops up that has Row Input Cell and Column Input Cell – – For Row Input Cell, click on the cell that has the driver / assumption input for the x axis variable For the Column Input Cell, click on the cell that has the driver / assumption input for the y axis variable 23 Table of Contents I. Uses for An LBO Model on Sell-side and Buy-side Construction of LBO Model Structure and Assumptions Worksheet Purchase price calculation and considerations Sources and Uses II. Capital Structure Alternatives Integration of Proforma Balance Sheet into Financial Model Income Statement, Balance Sheet and Cash Flow Projections Integration III.IRR Analysis for Financial Sponsor and Hybrid Debt Lender IV. Sensitivity Tables V. Credit Ratios 24 Credit Ratios In determining how much money to lend to companies / financial sponsors for an acquisition, lenders analyze the amount of coverage they will have on their loans Lenders typically look at the following projected credit ratios, based on the base case scenarios, and then will run stress tests on the model to look at the impact on these r atios in the event the company takes a turn for the worse Leverage Ratios Total Debt / EBITDA Net Debt / EBITDA Secured Debt / EBITDA EBITDA / Net Interest Expense EBITDA / Cash Interest Expense 4. 1x 4. 1x 3. 0x 2. 8x 3. 7x 3. 7x 3. 7x 2. 6x 3. 0x 4. 3x 3. x 3. 3x 2. 2x 3. 3x 5. 0x 3. 0x 2. 9x 1. 8x 3. 6x 5. 9x 2. 5x 2. 5x 1. 2x 4. 1x 7. 5x Interest Coverage Statistics EBITDA / Net Interest Expense EBITDA / Cash Interest EBITDA – Capex / Net Interest Expense EBITDA – Capex / Cash Interest Expense EBITDA – Capex – ? W/C / Net Interest Expense EBITDA – Capex – ? W/C / Cash Interest Expense EBITDA – Capex – ? W/C – Taxes/ Net Interest Expense EBITDA – Capex – ? W/C – Taxes/ Cash Interest Expense 2. 8x 3. 7x 2. 1x 2. 9x 2. 1x 2. 9x 1. 6x 2. 1x 3. 0x 4. 3x 2. 3x 3. 3x 2. 3x 3. 3x 1. 7x 2. 4x 3. 3x 5. 0x 2. 5x 3. 8x 2. 6x 3. 9x 1. 8x 2. 8x 3. 6x 5. 9x 2. 8x 4. 5x 2. 8x 4. 6x 2. 0x 3. 2x 4. 1x 7. 5x 3. x 5 . 8x 3. 2x 5. 8x 2. 1x 4. 0x 25 Build an LBO Model from Scratch Build an LBO Model for Company B, using the historic financial statements (available electronically) Use the assumptions you feel are appropriate for projecting the Income Statement, balance sheet, and cash flow Use the following assumptions for the acquisition and financing: Acquisition – Closing date is December 31, 2008 – Purchase price is 7. 0x 2008 EBITDA Multiple Uses – Financing Fees are equal to 3% of purchase price – Investment banking fees are equal to 1% of purchase price – Legal fees are equal to $1 million – Other fees and expenses are equal to $1 million Sources Equity must equal 20% of total uses / sources – Revolver availability is $20 million, with total amount funded equal to 75% of Inventory and 65% of Accounts Receivable at a 5% cash pay interest rate – Term Loan is equal to 2. 5x 2008 EBITDA, to be amortized over 7 years, at a 5% cash pay inter est rate – Second Lien debt is equal to 1. 5x 2008 EBITDA, with a 10% cash pay interest rate – Unsecured Notes with Warrants fill the balance of the capital structure; 10% PIK rate with warrants equal to 15% of fully diluted equity upon sale of company Annual management fees to financial sponsor of $1 mm starting in 2007 Amortize fees over 5 year periodSale of Business in 2012 – Sold at 7. 0x 2012 multiple – Transaction fee equal to 1% of purchase price for investment banking fees plus $2 million in legal and other expenses Calculate the IRR to the financial sponsor Calculate the IRR to the unsecured lender with warrants Calculate sensitivity tables for the following: – IRR to financial sponsor for range of multiples paid and equity investment as % of total capital – IRR to unsecured lender for range of multiples paid and equity investment as % of total capital – Maximum revolver drawn for range of multiples paid and equity investment as % of total capital Add summary and credit ratios tables 26

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Migration - Research Paper Example This number includes 214 million international migrants and 740 million internally displaced persons (â€Å"World Migration Report†). Human migration, whether internationally or internally, from one geographical place to another geographical place takes place due to various reasons, which can be categorized into two general factors: pull factor or moving into a place and push factor or leaving a place (â€Å"Why do people migrate?†). The pull factors are causes that enforce a country to bring people from other countries, whereas push factors are causes make people leave their own countries. Some of the pull factors are need for additional labor at relatively lower cost for the industrial and infrastructure development of the country, falling birthrates of developing countries, and rapid economic expansion. Different causes that can be noted among push factors are lack of prospects of career development in native countries, poverty and low income in native countries, pro secution and poor human rights, civil war, and natural disaster (â€Å"Why do people migrate?†). The purpose of the paper is to provide an overview on the global phenomenon of human migration through the perspectives of historical, political, economic, environmental, and cultural events. Spread of religion, search for new lands for human inhabitants may be allocated to the historical reasons causing migration during different periods of human civilization. All three major regions, Judaism, Christianity, and Islam reshaped the globe through human immigration. Since the birth of Islam as a religion in 610, the followers of Islam first spread it throughout the Arabian Peninsula, and then to Egypt and other parts of North Africa. Spread of Catholicism by Portuguese and Spanish played role in human immigration during 11th and 12th centuries. Migration of Jewish people from Eastern to Western Europe and then to the United States of America in the 19th century reshaped the ethnicity of

The Difficulty for Women in the Workplace Research Paper

The Difficulty for Women in the Workplace - Research Paper Example   The author further recommends strategies in order to address these challenges. The paper focuses on women in business and undertakes a literature review of gender disparities in compensation, employment, and promotion. According to the author, women dominated industries should have less gender discrimination, improved pay equity and comprise a higher number of women executive than male-dominated industries. LaBeach (2007) carries out a quantitative method to fill in research gaps identified in the literature review. Compensation data from a female-dominated healthcare organization (the American Dietetic Association), is analyzed to assess if women dominated industries have improved pay equity. Compensation was measured by the total cash for registered dieticians employed full-time for a minimum of one year. The author notes that certain workplace behaviors and attitudes should change so as to ensure women achieve career satisfaction and salary equity. Further, the author recommen ds that the workplace should be protected from expressions of gender/sex bias and partiality. The recommendations are meant for businesses, policymakers and researchers. Newman et al. (2011) undertake a study on gender discrimination and workplace violence. The author notes that workplace violence has been documented in many sectors. However, female-dominated sectors such as social services and health are at a particular risk. The article reexamines a set of study findings, which directly relate to the influence of gender or workplace violence and discrimination. In the study, 297 health workers (comprising 205 women and 92 men), were selected randomly. Newman et al. (2011) employed a utilization-focused approach and administered facility audits, health worker survey, health facility manager interviews, key informant and focus groups to collect data. In their findings, 39% of health workers had suffered some form of workplace violence in a year prior to the study. The study identifi ed gender-based patterns of victimization, perpetration, and reactions to violence. Negative stereotypes of women workers, discrimination based on family responsibilities, pregnancy, and maternity affected female health workers. These contributed to the context of violence. Gender equality was found to lower the odds of workers experiencing violence. The researchers used the results to formulate recommendations in order to address gender discrimination through programs and policy reforms. Unnikrishnan et al. (2010) undertake a study to assess harassment among women at the workplace. The objectives of the study were to find out how harassment occurs among women at the workplace. In addition, the authors also sought to determine the types and reasons for workplace harassment generally faced by working women. In order to achieve their objects, the authors carry out a cross-sectional study. The study participants comprised women working in banks, education institutions, and hospitals. T hese establishments were chosen because they employ a considerable number of women. Data was gathered from a total of 160 participants.  Ã‚  

Developing the Self and Employability Essay Example | Topics and Well Written Essays - 2500 words

Developing the Self and Employability - Essay Example To understand the employability skills, it is imperative to assess the job of an officer in the Human Resource Department of an organization. A human resource officer undertakes duties such as the evaluation of jobs, planning of the organization, planning of the manpower available, selection and recruitment of new employees, employee services, development and training of the current employees and termination of employment. The academic requirements for this job entail the applicant possessing a Bachelors’ Degree in a relevant field. Some organizations require a person to be a holder of any degree. However, having a degree in Psychology, Law, Management or having any other business-related degree increases the chances of someone getting a job in the human resource department. In some organizations, a person who applies for a job as an officer in the Human Resource Department may need to have some experience in either a technical or a scientific field. This depends on the nature of operations that the organization undertakes (Inkson et al, 2012, p. 325). Employability skills are a set of skills that an individual seeking a job needs to possess so that an organization may employ them (Briscoe, Hall & Frautschydemuth, 2006, p. 31). These skills support the subject knowledge and the good understanding of the technicalities that the job requires, and employers look out for them when they interview potential employees. Employability skills are those skills that will equip a worker so that they are able to carry out the specific roles that their employers have assigned to them to their best (Hall, 2004, p. 7). I undertook an MBTI test. An MBTI test is an essential tool for assessing whether a person is suited for a specific job or career and it is among the most widely used personality assessment tests.