Bretton Wood System Coursework Example | Topics and Well Written Essays - 1250 words

Bretton Wood System - Coursework Example The countries had control over their own monetary systems. The Bretton Woods system was very effective in these situations. However, currently, the environment has changed. The economies have united and markets have become more liberalized. As a result, the stability of the economy depends on the global economy. This explains why the financial crisis of 2008 had a major effect on different countries across the world. In the meantime, many of the countries are interconnected. Therefore, one crisis affects different economies. As a result, it is the high time that the country transforms rather than reform the institutions that were originally part of the Bretton Woods system. This is in order to put up mechanisms that will fit with the new global challenges. Moreover, the new strategies will be future oriented, an aspect that will create an opportunity for different countries to set up policies that will protect their vulnerable institutions. This will play a significant role in reduci ng the negative impacts that result from increasing levels of globalization. â€Å"For many people in the developing world, the international finance institutions of the Bretton Woods system are yet another form of neocolonial exploitation.† Many of the funds being given to these countries are not in form of grants but, loans. These countries are already struggling with internal issues. Most of these loans are being used to support the operations of the governments such as paying salaries. This has increased the burden to the current generation and the future generation that will live in these countries. As a result, the helping hand is becoming a curse to even the unborn. Little change is being seen when using the current systems. As a result, it is the high time that the institutions transform in order to serve the changing needs of the people in the world. Since the launch of millennium development goals a decade ago,

Eating Disorders in Children and Adolescents Essay Example for Free

Eating Disorders in Children and Adolescents Essay Childhood obesity has become a recurring theme in the news today. A variety of issues has been discussed regarding the cause of this popular issue. Emphasis is placed on parents, culture, school meals, and a number of other factors leading to obesity. Children and adolescents are not blind to the attention placed on obesity among them and their peers. If the thin bodies of magazines, TV and media weren’t enough, children now have to face the harsh realities of statistics that are constantly broadcasted in the news. This being the case, many children and adolescents have developed unhealthy means to either get thin or stay thin. Many struggle with eating disorders. Eating disorders involve a variety of descriptions of unhealthy patterns of eating. All of them involve some abnormal pattern of eating, including not eating. No matter the type or term given the disorder, they represent a serious situation and are a mental health concern. Two of the more well-known types of eating disorders are anorexia nervosa and bulimia. Both are common among youth. Anorexia Nervosa Description Sometimes just being ‘normal’ in size is not what an individual sees as normal in himself. Anorexia nervosa is an eating disorder in which being thin is not the only issue. It is characterized by starving oneself. Signs include a body weight of less than eighty-five percent the normal body weight for that specific height and age; 3 consecutive absences of a menstrual cycle; and an abnormally strong fear of gaining weight (e.g., â€Å"Eating Dis.† n.d., para. 12). A more common outward sign of anorexia is the intense fear of gaining weight. The youth may repeatedly express verbally his desire to be thin, his belief that he is fat or overweight, and a generally twisted view of own size or weight. All of this is typically coupled with an already thin body size. Use of laxatives in addition to severely limiting food intake is commonly seen. Anorexia Nervosa Cause The cause of anorexia is not one specific factor. It is widely agreed that many issues combine to lead to its development. These include social, cultural, psychological, and biological concerns. The role of neurotransmitters in anorexia is researched today. Serotonin is a neurotransmitter â€Å"known to affect appetite control, sexual and social behavior, stress responses, and mood† and â€Å"modulates feeding by producing the sensation of fullness or satiety† (Rome, 2003, p.100). A decrease in this neurotransmitter can be indicative of anorexia. There are also some indications of genetic factors involved in causing anorexia. Having a family member who suffers or has suffered from anorexia can predispose a child to development. â€Å"There are now multiple case-control studies designed to investigate the familiality of eating disorders, which demonstrate a higher rate of Anorexia nervosa in relatives of probands with anorexia nervosa† (Rome, 2003, p 101). Bulimia Description Another eating disorder common among children and adolescents is bulimia. Bulimia can actually be a subtype of anorexia. It is characterized by bingeing on food then purging the food via induced vomiting. The bingeing is considered uncontrolled and the person typically ingests much larger than normal amounts of food, sometimes secretively. Then, within an hour or two of eating, the person purges the food. This is usually done by self-induced vomiting; however, the vomiting is typically seen with misuse of laxatives, urine-producing medications, and enemas. All of these enable the individual to purge herself of the recently ingested large quantities of food. These binges occur â€Å"at least twice a week for three months or may occur as often as several times a day† (e.g., â€Å"Eating Dis.† n.d., para. 23). As a subtype of anorexia, the bulimic person is abnormally underweight. Being underweight, however, is not a prerequisite of the bulimic diagnosis. In fact, the average bulimic is of normal weight, but sees self as being overweight. Other common attitudes associated with bulimia include extreme exercise, secretive or abnormal eating habits or rituals, and irregular or absent menstrual cycles. Both bulimia and anorexia are commonly seen in individuals already suffering from anxiety and/or depression (e.g. â€Å"Eating Dis.† n.d., para. 29). Bulimia Cause As with Anorexia nervosa, a specific cause for bulimia is not known. Several factors, however, are thought to increase the likelihood of this disorder; many of these are similar to those of anorexia nervosa. Cultural and social influences on appearance and size, family problems, and mood disorders all have an effect on the development of bulimia. Gender plays a large role as well. The majority of youth suffering from both bulimia and anorexia nervosa, although more so with bulimia, are females (Fisher, 1995, p. 431). The same case study cited in the familial causes of anorexia nervosa indicates that having a family member who has previously been diagnosed with bulimia can also predispose an individual to the same behavior. Treatment Although Anorexia nervosa and Bulimia are two separate identifiable diagnoses, the treatments of these physical and mental disorders are similar. Physicians first analyze the individual’s specific overall health and possible contributing factors. The primary care doctor is the necessary authority to either treat or recommend for treatment. Possible physical effects such as malnutrition and dental issues are treated as needed. The mental and psychological treatment varies according to the child’s specific needs. Individual and family therapy, behavior modification, and cognitive therapy can all be used. Focus primarily tends toward the development of adequate coping skills, positive body image, and positive self-talk. Frequently, mood stabilizers are prescribed in conjunction with one-on-one therapy (Rome, 2003, p. 104). The family plays a key role in treating children and adolescents most significantly by the fact that parents and adult figures in the child’s life control and direct the routine of said child. In cases of severely physically compromised children, monitoring of vital signs, nutrition, and electrolyte balance by trained healthcare professionals may be necessary (Fischer, 1995, p. 435). Conclusion Eating disorders are spread across both adults and youth. As increasing attention is given the issue of childhood obesity—and as the media continues to push the preference for abnormally thin figures in beauty—the youth will suffer. They seek unhealthy means to be what culture, family, and society says is normal, accepted. Bulimia and anorexia nervosa are the result of these issues and remain common eating disorders among children and adolescents. These disorders, however, can be diagnosed and treated. Most important to the treatment of any disorder affecting children and adolescents is the role of parents or guardians. References Eating disorders in children and adolescents (n.d.) In Eating Disorders. Retrieved from http://www.lpch.org/diseasehealthinfo/healthlibrary/growth/eatdis.html. Ellen S. Rome, MD, Seth Ammerman, MD, et al. Children and adolescents with eating disorders: the state of the art. Pediatrics. 2003; 111: 98-108. Fisher M. Golden NH, Katzman DK, et al. Eating disorders in adolescents: a background paper. Adolescent Health. 1995; 16: 420-437.

The Persuasive Antony of William Shakespeares Julius Caesar Essay

The Persuasive Antony of William Shakespeare's Julius Caesar    In The Tragedy of Julius Caesar, written by William Shakespeare, the characters give many persuasive speeches, some stronger than others, to convince characters in the story about what is true, false, right, and wrong.   After given instructions on a way to present his funeral speech for Caesar, Antony uses knowledge and skill to cover for his persuasion.   Antony speaks to the Roman mob after Brutus. His objective is to turn the people against Brutus and the conspirators in a persuading way so the group will no longer follow what is wrong.   Antony has skillful ways to help him convince the Romans that Caesar was a  loving man and Brutus is not so honorable.   He uses verbal irony, parallel phrases with repetition, and questioning of the truth to sway the crowds' feelings. When giving his speech, Antony uses his skill as an orator through the use of verbal irony.   Antony tells the Romans that Brutus called Caesar ambitious.   That is only what was said; he was not a man of ambition.   Antony proves this by saying that Caesar turned the crown down and even wept for the poor of Rome.   Brutus is referred to as an honorable man.   Of course this is not true, but Antony uses the statement as verbal irony to sway the peoples' minds.   Everyone knows that killing someone, no matter what the case, is not a quality of an honorable person.   Antony also knows Brutus' reason for killing Caesar was not valid and wants to prove this to the people.   When trying to prove himself true, Antony says, "I speak not to disprove what Brutus spoke..." (Act III, scene ii, 102).   Antony does a swell job covering his purpose of his speech.   He is really trying to make the mob see that Caesar ... ...r's true self.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Is Antony's speech for Caesar's funeral a persuasive one?   Antony does, in fact, persuade the Romans into believing the truth he reveals.   As an orator, Antony's words spoken through specific techniques such as verbal irony, parallel phrases with repetition, and questioning, prove his speech to be powerful and convincing.   Unlike Brutus' speech to the Romans, Antony uses true and factual information to back his thoughts.   He does a good job referring to the opposition, which is Brutus' thoughts of Caesar.   Antony definitely tests the crowd by causing them to think about the right and wrong in the situation.   He only wants the Romans to know that Caesar did love them and to realize Brutus wronged them.   By being a powerful orator, Antony wins over the crowds' perceptions to turn them against Brutus and the conspirators as his wished. The Persuasive Antony of William Shakespeare's Julius Caesar Essay The Persuasive Antony of William Shakespeare's Julius Caesar    In The Tragedy of Julius Caesar, written by William Shakespeare, the characters give many persuasive speeches, some stronger than others, to convince characters in the story about what is true, false, right, and wrong.   After given instructions on a way to present his funeral speech for Caesar, Antony uses knowledge and skill to cover for his persuasion.   Antony speaks to the Roman mob after Brutus. His objective is to turn the people against Brutus and the conspirators in a persuading way so the group will no longer follow what is wrong.   Antony has skillful ways to help him convince the Romans that Caesar was a  loving man and Brutus is not so honorable.   He uses verbal irony, parallel phrases with repetition, and questioning of the truth to sway the crowds' feelings. When giving his speech, Antony uses his skill as an orator through the use of verbal irony.   Antony tells the Romans that Brutus called Caesar ambitious.   That is only what was said; he was not a man of ambition.   Antony proves this by saying that Caesar turned the crown down and even wept for the poor of Rome.   Brutus is referred to as an honorable man.   Of course this is not true, but Antony uses the statement as verbal irony to sway the peoples' minds.   Everyone knows that killing someone, no matter what the case, is not a quality of an honorable person.   Antony also knows Brutus' reason for killing Caesar was not valid and wants to prove this to the people.   When trying to prove himself true, Antony says, "I speak not to disprove what Brutus spoke..." (Act III, scene ii, 102).   Antony does a swell job covering his purpose of his speech.   He is really trying to make the mob see that Caesar ... ...r's true self.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Is Antony's speech for Caesar's funeral a persuasive one?   Antony does, in fact, persuade the Romans into believing the truth he reveals.   As an orator, Antony's words spoken through specific techniques such as verbal irony, parallel phrases with repetition, and questioning, prove his speech to be powerful and convincing.   Unlike Brutus' speech to the Romans, Antony uses true and factual information to back his thoughts.   He does a good job referring to the opposition, which is Brutus' thoughts of Caesar.   Antony definitely tests the crowd by causing them to think about the right and wrong in the situation.   He only wants the Romans to know that Caesar did love them and to realize Brutus wronged them.   By being a powerful orator, Antony wins over the crowds' perceptions to turn them against Brutus and the conspirators as his wished.

Organizational Change and Theory Paper Essay

Organizational Change and Theory Paper Introduction   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The aspect of managing organizational change is very crucial to any given organization. Organizational change is the execution of new technologies and procedures with an aim of realigning the organization to the changing demands of the firm or benefit from on the business opportunities. The purpose of this paper is to analyze how implementation of new technology of computerized charting was effectively managed in the hospital.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Nurses have to deal with the new change of computerized charting though it is hardly a new technology. However, several PC-challenged healthcare experts have taken keen interest to become conversant with this new method to patient information management. Taking interest to increase personal skills and marketability as well as being proactive is likely to influence the nursing career in a positive manner. Recent research findings indicate that more institutions are investing in capturing data by electronic means. The keys to computerized charting in modern market, there are various software vendors and alternatives to choose from. In the office I use epic computer software. The use of electronic means is overwhelming at first, but an individual becomes used to with time. It is much better compared to paper charting (Richards & Keogh, 2008).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Many health professionals leaned how to work with epic software in their first day of orientation. There is a lot of improvement since most nurses are able to enter their orders themselves. The epic software will enable all the nurses in the institution to use the system from the basic triage to discharge from inpatient. However, there are some resentment about the system since some nurses find it inefficient claiming that the system crashes down frequently for several hours. Others find it very difficult to use especially to the nurses working on the rapid response departments and it’s a challenge to work on a patients without their medical histories, allergies, procedures and meds. The hospital copes with this problem by having backup system. There are also computer hubs where all nurses can print up their chart, though it is also a sticky situation to be used by the entire hospital (Retrieved from http://www.medscape.com/viewarti cle/810573).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The epic program is very effective when it is working since nurses can enter their progress notes and orders. The other problem that the hospital has to deal with is that there is high probability of nurses clicking the wrong orders. The other problem is that sometimes the system is too slow. The nurses are asked to been with the system and have specific way of entering individual orders for easy identification since one click on the system shows very many orders. However, nurses are given opportunity to access any patient’s order from anywhere at any given time since they can use epic system at the same time (Retrieved from http://allnurses.com/nursing-informatics/epic-computer-program-280071.html).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The hospital’s IT department has provided enough memory and large servers which is a very significant move. This enables the nurses to make their own orders effectively without the system breakdown or becoming too slow. The epic system might be complicated at first since some nurses find it difficult to locate their flow sheets. The nurses who became used to the system are able to program their favorite flow sheets which make it effortless for the nurse to remember to fill them later. The institution has managed this change also by adjusting the system according to their needs. In the epic software many flow sheets are linked such that if nurse document important orders in one place, they will appear in every relevant flow sheet where those orders are required (Retrieved from http://www.medscape.com/viewarticle/810573). Ð ¼Numerous cases reveal that it is not always easy to manage effective organizational change, thus organizations should find out the possible causes of the failure. There are a lot of changes occurring across the globe. The changes range from increase in competition, changes in customer preferences as well as changes in technology. Organizations are required to create new advantages, serve customers better and cope with stiff competition. To stay competitive, organizations are required to abandon the work and processes that are not fruitful or those that do not add value to the company. As the nurse head I encourage and offer assistance to the nurses who are not used to the epic software (Richards & Keogh, 2008).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The epic software has various definite advantages. The system can be made effective by frequent training of the nurses on how to program their flow sheets, the IT department should also ensure that there is enough memory and large server; the institution should also adjust the epic software according to the needs of our patients. I would also propose that the flow sheets should be organized in an appropriate manner; the colors might be used to organize the flow sheets in a superior manner. These options will make the epic system to be user friendly (Richards & Keogh, 2008).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In conclusion, change management is very crucial in every institution. The nurses will benefit from various advantages linked to epic software since they will be able to enter their own orders. Computerized charting is better as compared to paper charting. Institutions are called upon to give training and orientation to the nurses so that they can become conversant with this new change. Enough memory and large servers enable the system to be fast and avoid system breakdown. References Charting made incredibly easy! (4th ed.). (2010). Philadelphia: Wolters Kluwer Health/Lippincott Williams & Wilkins. EPIC Computer Program. (n.d.). Answers Articles and Jobs for Nurses and Nursing Students RSS. Retrieved June 18, 2014, from http://allnurses.com/nursing-informatics/epic-computer-program-280071.html Medscape Log In. (n.d.). Medscape Log In. Retrieved June 18, 2014, from http://www.medscape.com/viewarticle/810573 Richards, J., & Keogh, J. E. (2008). Medical charting demystified. New York: McGraw-Hill. Source document

Figurative Language

Stephany Vielman March 12, 2013 Prophets and Figurative Language Jeremiah was a prophet called upon by God at a very young age to do His work. Jeremiah spoke against those who disobeyed God and spoke on the consequences of sin. He had a very hard job of trying to get the people of God to obey Him once again and to get them to stop sinning against Him. Jeremiah used figurative language to tell stories and to explain to the people what was going to happen if they continued to sin.What is the difference between a figurative and a literal analogy?The natural imagery that Jeremiah uses can be seen as useful in getting his point across to the disobedient people because he used it to paint a scary picture of how God would devour the people, but he was also able to paint a peaceful picture of how he was like a lamb; all while using things that were relevant and ordinary to them so that it made sense to them.In Jeremiah 5:14 we see nature being used figuratively as a force of destruction, â⠂¬Å"Because they have spoken this word, I am now making my words in your mouth a fire, and this people wood, and the fire shall devour them. † God is very explicit here and you have no doubt in what he wants to do to the people. He uses very simple forces of nature that are relevant and known to the people. You know that God is upset because he uses the word â€Å"devour,† where as He could have used â€Å"burn,† but the word itself shows the force He is willing to strike with. Fire† and â€Å"wood† are elements that are known and when put together we know what happens, so it was useful to put these together so that the people can see how great God is. The â€Å"fire† is not even God’s own actions, but His words put into Jeremiah’s mouth, so it leaves you to imagine and wonder what would happen if it was coming straight from God, without an intermediate. The book of Jeremiah is filled with terrifying figurative language of destru ction and death so it is hard to find a positive example of natural imagery.In Jeremiah 11:19, Jeremiah compares himself to a lamb and a tree with fruit, which is a very nice choice for natural imagery, but what is said to be done against the lamb is terrifying, â€Å"But I was a gentle lamb led to the slaughter, And I did not know it was against me that the devised schemes, saying, ‘Let us destroy the tree with fruit, let us cut him off from the land of the living, so that his name will no longer be remembered! ’† The choice of the lamb is positive because lambs re little, cute, and pure, and do no harm. Lambs are led by shepherds, but as we know, they are also killed for food or for sacrifice. In this case the lamb is led to be slaughtered, but just with the purpose of evil. Jeremiah is to be seen as obedient, pure, and holy since he obeys and follows God in every way possible, but the people of tired of him so they plan to kill him. He is also compared to a tr ee with fruit because he has a lot to offer to the people, such as life.The imagery usage of â€Å"with fruit† is important because it shows the tree serves with purpose, just like Jeremiah. It also shows that that tree is alive and in good soil, and instead of its fruit be eaten, the people will cut it off. Jeremiah’s job was already difficult as it was and it was necessary for him to use figurative language as a prophetic tool to get his message across to the people. I see it as effective because some people need to hear and see things in a different perspective that includes images of things that are relevant to them.The people would have listened less if Jeremiah would have spoken in prophetic language. The usage of nature is also very effective because it was a part of everyday life for them – fire, wind, trees, lambs, etc. There could be possible dangers involving imagery, such as someone not understand the concept because they were thrown off by the compa rison or being distracted by it as well, but Jeremiah used it well.

Islamic Women essays

Islamic Women essays Many times when feminists looked at Islamic women they criticized the man for not treating women properly. However, as Jane I. Smith states, women of Islam are not really offended by that fact, on the contrary, they believe that it is better for them. The Holy Koran is the basis for the Islamic believers. It has many interpretations, however there are certain facts that are sure to be clear as to the position of women in an Islamic society. Koran did introduce very significant changes as to treatment of women. Certain women did play powerful roles in societies. However, whatever the earlier realities for women in terms of marriage, divorce, and inheritance of property, it is clear that Islamic men believe that they are above woman. However, they are supposed to support them and make sure that they have everything that they need to help raise their children and praise the god. In Islam, marriage is not a sacrament, as it is in other religions. It is a contract that man and woman sign and in which the woman can clearly includes her own clauses and negotiate terms. It is rare however possible for a man to have more the one wife. However, when that happens the man is responsible for caring and supporting both of them. In order to marry another woman however, the man must have the permission of his first wife. Although Muslim women have had been married at extremely young age, this practice is related to the fact that father and other male relatives generally have chosen the grooms themselves. There are however some discrepancies. Islamic women are not treated equally in the face of the law. Ones women statement in the court is equal to half of one man. The same principle also applies to inheritance and other issues. The Koran states that the man, since he is supporting the woman, should receive twice as much of everything. Until recently education for women in the Muslim world has been minimal. ...

The Caste System- Reaction Response Essays

The Caste System- Reaction Response Essays The Caste System- Reaction Response Paper The Caste System- Reaction Response Paper This division in Indian society has existed since time immemorial . This Verna System is the Caste System that is still prevalent n the country . It categorizes the work to be done by each This system is prevalent largely among Hindus , but exists among other religious communities in India as well . Brahmins are considered the highest caste . They are predominantly vegetarians , who are assigned role of priests , teachers or scholars . They enjoy many benefits . Children of these families are expected to Join family profession . Ashtrays were kings and warriors in olden times , presently they are In multifarious professions . Visas , remained traders from the beginning of this Verna dolls , and are soul Into trading . The fourth are the Shudders , who make the serving class In Indian society The Shudders are the fourth and most neglected caste in India . They are also known as Dalais (the down trodden ) and termed Harridans (people belonging to god ) by Mahatma Gandhi . They lead a difficult life , without education and are not allowed to change occupation . The work assigned to them is often unhygienic , contaminating and unhealthy . They are not allowed to enter temples and worship . Even basic amenities like collection of drinking water has to be from wells or taps which are not used by people from higher castes like Brahmins There re divisions in Dalai society too . The Ana (Barber , Dhobi (Washer man ) stand higher than Chamber (Cobbler ) or Bang (Sweeper . They are not allowed entry to places in the village where people of higher castes live . Thus they live a very hard and harsh life The Modern society lives with these differentiations and use special terms for these people . They are called Scheduled Castes (SC , Scheduled tribes (SST ) or Other Backward Classes (BBC . The SC is 16 of the population making it 160 million . SST is 8 at million and BBC is 52 with 3000 castes . The caste system has taken the present arm after the British took over the rule of India , in line with the class system of British society The caste system is some what relaxed in urban and metropolitan areas Inter-caste marriages are also common . In arranged marriages , caste of the bride and the groom are cross checked and taken into consideration It is due to influence of higher education that these areas are free of caste rigidity . But rural areas still reel under its effect Political parties and leaders often take caste as an issue , to make it sensitive to meet their ends . The BSP (Bauhaus Assam Party , Swampland Party , Kanata Deal are a few political parties that pampered the caste sentiments and succeeded In winning the elections . Reservations in education and politics have been made by these pollutants leading to wide spread protests and uproar . Amanda Commission recommended by ex-P . M . Mr. . V -P -Sings tried to Implement ten recommendations Ana Take wee spread Protests It NAS seen many educated boys and girls suffer at the hands of these reservation policies . India has witnessed and is still facing many caste related violence . So many have lost their lives in this violence . It has mainly been between upper castes like Thesaurus and Dalais of lower caste Indian Caste System has been under the scanner of criticism since history . The reformers of Indian society in the past have condemned the caste system . Nanas , Kabuki , Djakarta , Ramadan , Ramadan the saints of Backbit cult rejected caste discrimination . Later during Struggle for Freedom in early 19th century , Indian politicians spoke against caste distinctions . Religious leaders Swami Dandy , Swami Vegetarians , Sir Ramekins and politicians Mahatma Gandhi , B . R . Embarked stood against this discriminating system . They were open to people from all castes B . R . Embarked himself from a family of scheduled caste became the writer of Indian Constitution in Independent India The Indian Caste system exhibits a few strong points . It helped in retaining family business , art work and artisans who have been perusing an art for generations . It made the survival of certain forms of art possible . Yet the anomalies and disadvantages far out weigh the advantages . The need for caste system is gradually moving out . The young India , which is eager to get education and use technology for its prosperity , does not want to embrace sate differences . The educated class living in urban India strongly advocates doing away with caste barriers . But under educated and illiterate rural masses still hold on to the belief of division as a policy , which is beneficial to their interests . Perhaps education for the masses is what India needs today to shake off such old systems . It is never advisable that a part of the society be allowed to live a life that is grossly different from the lives of others on this globe Read more: Nightdresses. Com/essay/caste. System. Essay. 51655#txzz2PSk4zd8S

Why You Should Get a Job in Marketing

Why You Should Get a Job in Marketing The movie you want to see this weekend? That’s the result of a marketing push. The celebrity â€Å"scandal† on TMZ? Marketing and spin. (Any mention is a good mention, right?) The products you buy, the company names you recognize†¦those are all the results of the hard work of marketers. Marketing is more important now than ever, with so many different forces competing for our attention, in-person and digitally. Marketers can be found in virtually every industry, working to make sure their brands are getting exposure.What Do Marketers Do?Marketers are â€Å"people† people, but they’re also data people. They take information about customers (demographics, spending power, needs and wants) and apply that to products and services to make them appealing to the potential customer base. Marketing professionals analyze the market’s demand for their company’s product or service, and turn that analysis into plans and strategies to promote directly to people. They process information about the industry, and come up with plans to make a brand more visible or appealing to those most likely to buy or use it.What Skills Do Marketers Have?Marketing professionals need to have a solid base of communication and problem solving skills, which are the two main components of most marketing jobs. But those aren’t the only ones- marketers are very professionally well-rounded. Here are some of the most important skills you’d need in a marketing career.Great CommunicationMarketers do lots of communicating every day, so it’s important to be able to speak clearly and personably with a variety of people. They need to be able to communicate strategies, plans, and results to people at all levels in their company. They need to be able to communicate with potential customers to sell a brand. They also need to be able to be storytellers, making it clear how strategy will turn into results.CreativityMarketing professionals need to be able to see the big picture, and make plans to achieve those bigger goals. That means often thinking outside of what’s been done before, and reaching out in new and innovative ways to build a brand.Problem SolvingWhat is marketing, if not finding ongoing solutions to the â€Å"problem† of selling a brand or product? Marketers need to be flexible to adapt to changes in the market, or react quickly to feedback from users.Time ManagementDeadlines are a fact of life for marketers. Plans often have concrete schedules that need to be met. For example, if a new product is launching in May, the marketers have to be working months ahead of schedule to plan, make connections, and set up events, outreach, advertising, etc. well ahead of that date. Marketers also need to be able to respond quickly. If there’s a trend to be capitalized on right now, waiting a month could be far too late.A Love for PeopleBeing a people person really helps in this career path, because itâ €™s all about making connections and getting people on board. Being outgoing isn’t a prerequisite for the job, but it definitely helps.Public SpeakingMarketing is often about presenting: plans, strategies, products, ideas, results, successes, areas for improvement, and- last but not least- yourself. Marketers are often speaking in public, whether it’s in meetings or interacting with the public in general. If you’re not great at public speaking, don’t despair- this is a skill you can work on all the time, whether it’s taking classes in public speaking, or making more of an effort to move out of your comfort zone while in groups.Attention to DetailMarketers need to know the ins and outs of what they’re selling, and to whom they’re selling it. Gaps in knowledge, or cutting corners can mean serious missed opportunities, or worse, bad word of mouth for their brand.A Command of Social MediaSocial media especially has become a massive pa rt of marketing over the past ten years, and that won’t be slowing anytime soon. It’s crucial to know what the big social media trends are, as well as being tech-savvy in general, so that you’re using every possible tool to build your brand.Analytical ThinkingMarketers rely heavily on information, whether it’s scientific research, informal polls, or any kind of data, really. A good marketer needs to be able to take raw data (about users, product feedback, market trends, etc.) and transform it into action that will benefit their product.What Are the Marketing Career Paths?One of the best things about a career in marketing is how versatile it is- and how versatile it makes you. Let’s look at some of the potential career paths you’ll find in marketing.Brand ManagementBrand management means you’re responsible for the public image and response to a particular product. This is one of the most common marketing careers, and probably the one y ou think of first when you think â€Å"marketing.† A brand manager is responsible for monitoring how a product performs in the marketplace, analyzing data around the market and customers, and strategizing how to both maintain the brand and improve it.Example jobs: Marketing Manager, Brand Manager, Product Development ManagerThe Pay: This field has a median income of $124,850, per the U.S. Bureau of Labor Statistics.The Education: Brand management marketing professionals typically have a Bachelor’s degree in marketing, business, or a related field.The Outlook: This field is definitely growing, as the market gets ever more crowded with products and services. The Bureau of Labor Statistics predicts that this field will grow by at least 9% by 2024.Market ResearchIf you’ve always had a passion for stats and figures rather than salesmanship, this could be a great marketing career path for you. Market researchers take in all the data and information they can, and come up with a coherent picture of what the market truly looks like for their industry. They then come up with strategies about how to capitalize on that information, make a better product, and reach out to those customers.Example jobs: Market Research Analyst, Market AnalystThe Pay: This field has a median income of $62,150, per the U.S. Bureau of Labor Statistics.The Education: Market researchers typically have a Bachelor’s degree in marketing, business, math, statistics, or a related field. Market research analysts at all levels should have strong math and analytical skills. Advanced market analysis positions may require a Master’s degree.The Outlook: We live in a data-driven society, and people who can wrangle that data effectively will be in very high demand. The Bureau of Labor Statistics predicts that this field will grow by 19% by 2024, much faster than average job growth.AdvertisingOne of the most traditional marketing areas (think Mad Men), advertising is heavy on strategy, messaging, and planning. In advertising, you come up with plans for selling a product or service, then oversee that plan from its embryonic concept stages to execution. Advertising marketing jobs typically mean working with a squad of creative/artistic, business development, and sales teams to make sure the plan will work best for the product.Example jobs: Advertising Managers, Advertising Sales Director, Account Executives, Account Planners, Media Director, Media Coordinator, Media BuyersThe Pay: Along with marketing managers, advertising managers have a median income of $124,850, per the U.S. Bureau of Labor Statistics.The Education: Advertising professionals typically have a Bachelor’s degree in marketing, business, or a related field. Backgrounds in sales or graphic design can be helpful in this field as well.The Outlook: Demand will be growing for people who can plan and execute advertising campaigns. The Bureau of Labor Statistics predicts that this field wil l grow by at least 9% by 2024.Public RelationsFor better or worse, public relations professionals are the public face of a product, brand, company, etc. It can’t hurt to have nerves of steel and the ability to stay calm under pressure, because PR professionals are often the first line of defense when there’s any news- good or bad- buzzing around in public. Public relations people specialize in spinning public perceptions of a brand, and troubleshooting when things aren’t so great. (We’ve all seen PR peeps in action for politicians, celebrities, and companies that are in the news for one reason or another.) Public relations professionals are always there with a cohesive statement that supports their brand. Strong communication skills are absolutely essential for public relations jobs, because you speak for the brand.Example jobs: Account Coordinator, Media Coordinator, Public Relations Coordinator, Public Relations Consultant, Public Relations Assistant/As sociate, Public Relations SpecialistThe Pay: Public relations professionals make a median salary of $56,770 per year, per the U.S. Bureau of Labor Statistics.The Education: Advertising professionals typically have a Bachelor’s degree in marketing, business, communications, English, journalism, or a related field.The Outlook: As long as there are brands and public entities, there will be public relations people needed to support them. The Bureau of Labor Statistics predicts that this field will grow by at least 6% by 2024.Marketing is a great field because it has tons of opportunities right now, and is an area where you can really grow. It’s also flexible, meaning you can apply those skills in almost any industry. Whether you prefer being the one who analyzes data or the one who’s out there throwing (figurative) elbows to get attention for your brand, there’s a place in the marketing world for you.

Taking both a product and a service of your choice you are to identify Essay

Taking both a product and a service of your choice you are to identify the elements of the marketing mix - Essay Example Keeping the aim of customer satisfaction in mind, it becomes essential for the marketers to make sound decisions regarding various aspects of the product or service (marketing mix), rather making decision solely on the basis of estimates or guesstimates. As a result of evolution of such concepts in the business world, the field of marketing has now become something far beyond rule of thumb decision making. This article is intended to analyze the marketing mix (product, price, place and promotion) of one commodity and one service. Before starting the evaluation, it is essential to have a brief overview of the theoretical basis of the elements of marketing mix. In the end, we will comment on the effectiveness of marketing mix of both of them. The marketing mix is one of the most frequently used term in the field of marketing, in fact we can call it a buzz word of marketing. It includes the basic tactical components of marketing mix. Traditionally there are four elements of marketing mix; product, pricing, place, promotion. However, some of the authors add other three Ps too, to make it 7 Ps. The rest of the three are process, people and physical environment. All these Ps have a number to specific decisions to be taking and the sum total of all those decisions ultimately contribute to what we call marketing mix, a set of tactical decisions aimed to better market the product and thus increase customer satisfaction. Costa coffee established its first coffee shop â€Å"Costa Expresso Bar† in 1978 in Vauxhall Bridge Road in London. Even to this date, they still use the same method of slow-roasting coffee beans. Now it serves the brothers’ authentic blend of 6 Arabica beans to 1  Robusta in 500 coffee shops all over the world. The brand name of COSTA has been promoted as a symbol of status, a symbol of high class. The COSTA coffee is basically a hot drink; however, the various customer researches show that customers who have come here are actually not more intend to

Offensive strategy options - CostCo Essay Example | Topics and Well Written Essays - 250 words

Offensive strategy options - CostCo - Essay Example Nevertheless, with increased domestic competition within the U.S. retail industry and the maturity of the market, Costco needs to consider other offensive strategies that would not only enable them to improve their market share but also enhance their financial performance. Costco may consider implementing initiatives that capitalize on the weakness of competitors, and/ or pursue end run offensive strategies. The stiff competition in the domestic U.S. retail industry, coupled with the maturity of the market implies that firms should focus on holding and milking their market share (Valdani & Alessandro, 2012). However, Valdani & Alessandro observes that firms may seek to improve their market share in these markets by focusing on the weaknesses of their main rivals. The SWOT matrix rank reveals that Costco is a strong company, which is able to take on their rivals head on. Nevertheless, Costco may direct its internal strength, capabilities and resources towards attacking the weaknesses of its rivals in the U.S. retail market. Costco may achieve this by going after customers whom the competitors are less equipped to serve. It may also attack those rivals offering poor customer services. Alternatively, Costco may expand into regions and market segments where their rivals are either weak or have ignored completely. Apart from capitalizing on weaknesses of their competitors, Costco may consider pursuing end run offensive strategies. The end run offensive strategies enable firms to avoid frontal and head on attacks that may escalate and produce unhealthy competition (Cullen & Praveen, 2013). With the end run strategies, Costco would be able to go around competitors, capture the market segments that are ignored by the rivals and establish the first mover advantage in these markets (Cullen & Praveen, 2013). Cullen & Praveen observes that a company may implement end run strategies in four ways. Firstly,

Research Project Proposal Essay Example | Topics and Well Written Essays - 2250 words

Research Project Proposal - Essay Example This study will explore the research about the effects of therapeutic massage on stress and quality of life of female faculty working in the teacher education program at a (Name) University. It will enquire into if there will be some impact on the efficiency and life style of the female faculty staff if they are provided with the massage facility in order to reduce the level of stress in imparting their too heavy pedagogical duties. The purpose of this project is to study the quality of life of female faculty working in the Teacher Education program at a (Name) University to determine what effects massage therapy designed to relax and revitalize the mind, body, and spirit has on stress reduction and overall quality of life. The quantitative and qualitative feedback received from pretest and posttest surveys and massage follow-up questionnaires will be used to determine what if any difference the effects of therapeutic massage designed to relax and revitalize the mind, body and spirit has on stress reduction and management, and overall quality of life. 3. In what ways does participation in the holistic health alternative practice of therapeutic massage treatments improve the quality of life of female faculty working in the Teacher Education program at this (Name) University The (Name) University female faculty across schools and departments will benefit from knowing if perceived stress is reduced and quality of life improved as a result of participating in a perceived Quality of Life and Stress survey and three massage therapy treatments designed to relax and revitalize the mind, body, and spirit. The information will be used to increase awareness of the stress female faculty encounter in the Teacher Education program. The findings may result in the development of holistic health programs that improve higher education environments. The information will be shared and published with the Massage Therapy Foundation of the American Massage Therapy Association. REVIEW OF LITERATURE The literature referred to value of life as a qualitative practice that appears from the inside, a mode of concerning to life that twigs from a fresh perceptive and an eternal change in a manner an individual witness life. In order to be familiar with living being and becoming as it communicates to worth of life and transform of the inside out, it was required to examine strain and its consequence on fitness and living being. When the symbols of stress persevere, an entity is in danger for heart infection, cancer, corpulence, hopelessness, obsessive-compulsive, ill treatment, diabetes, and so on. Stress slows down the resistant organism. A destabilized resistant organism effects in ill health. It is necessary to identify the sign of stress and make out what steps should be taken to reduce the stressors that influence physical condition and value of life. Knowing that tension begins when a

Health Care in California Essay Example | Topics and Well Written Essays - 2750 words

Health Care in California - Essay Example Unfortunately, a large number of Americans cannot afford to finance the cost of health care, which has escalated in the past few years. Although Medicare and Medicaid health care system have been helpful in ensuring the provision of quality healthcare to every American, the system is not completely universal. This is true because most Americans still lack health insurance coverage. Although the Obamacare Act has attempted to improve health care quality to the people, California Health Care Foundation (2014) report shows that the system is discriminatory since it is selective and benefits only a few groups. California is among the states with the largest numbers of residents without health insurance. Unfortunately, the majority of these poor is low-income earners and cannot afford to finance their medical bills whenever they fall sick. Therefore, to improve the quality of life of the Californian people, there has been an increased need for the instantiation of health care reforms to e nsure universal coverage for all residents of California. This document will discuss the various health care reforms initiatives that have been implemented in California in the last three years. California is one of the most populous states in the country. At the same time, California has one of the highest numbers of people without health insurance cover. Accordingly, millions of Californian residents have not been able to receive the quality of healthcare they need. A California Hospital Association (2014) report shows that the majority of Californian residents are not receiving the care they need despite the state spending large amounts of money per individual on health care. Reports indicate that California, like most other states in the country, has underutilized preventive care, a situation, which has resulted in large spending on treatment. A CDC report also indicates that state has not prioritized offering quality health care services to its

Finance Course work Essay Example | Topics and Well Written Essays - 2500 words

Finance Course work - Essay Example In which, both targets and bidders were greatly influenced by the notion of greater efficiency especially this occurred in the first great merger wave period. In the following M&A history, various studies required the presence of legal and regulatory framework with an aim of solidifying the existence along with prolonging the success stories of M&A. Despite the implementation of regulatory-cum-legal framework, hostile takeovers did take place, leaving the negative impacts on the stock price of the targets. In the subsequent part of this paper, first, M&A definitions are accounted for, which is followed by motives and theories. Subsequent to that, Merger waves periods, legal-cum-regulatory framework are elaborated. Afterwards, strategies and tactics in takeovers, the effects of M&A on firm’s stock price and stock market are explained. Before conclusion, financial objectives and case study about Burlines Group’s acquisition of Telemetry business are incorporated. Numerous definitions for types of combinations of firms have been put forwarded (Frensch, 2007, p.23). Fundamentally, mergers and acquisitions take place when a firm seeking to expand its activities into new products (Boettke, 1994, p.394). Additionally, with the objective of pursuing common economic aims, the combinations of firms come out as a result of a union of legally and economically independent firms by serving the interests of both parties. Collectively, Mergers and acquisitions (M&A) take place when two or more organizations join together in toto or in part of their business operations. However, the difference between mergers and acquisitions are associated particularly with: the relative size of the individual firms in the business combination; management control of the joint business; ownership of the combined business (Coyle, 2000). Coyle (2000) further defines its broadest definition;

Health Care in California Essay Example | Topics and Well Written Essays - 2750 words

Health Care in California - Essay Example Unfortunately, a large number of Americans cannot afford to finance the cost of health care, which has escalated in the past few years. Although Medicare and Medicaid health care system have been helpful in ensuring the provision of quality healthcare to every American, the system is not completely universal. This is true because most Americans still lack health insurance coverage. Although the Obamacare Act has attempted to improve health care quality to the people, California Health Care Foundation (2014) report shows that the system is discriminatory since it is selective and benefits only a few groups. California is among the states with the largest numbers of residents without health insurance. Unfortunately, the majority of these poor is low-income earners and cannot afford to finance their medical bills whenever they fall sick. Therefore, to improve the quality of life of the Californian people, there has been an increased need for the instantiation of health care reforms to e nsure universal coverage for all residents of California. This document will discuss the various health care reforms initiatives that have been implemented in California in the last three years. California is one of the most populous states in the country. At the same time, California has one of the highest numbers of people without health insurance cover. Accordingly, millions of Californian residents have not been able to receive the quality of healthcare they need. A California Hospital Association (2014) report shows that the majority of Californian residents are not receiving the care they need despite the state spending large amounts of money per individual on health care. Reports indicate that California, like most other states in the country, has underutilized preventive care, a situation, which has resulted in large spending on treatment. A CDC report also indicates that state has not prioritized offering quality health care services to its

Education Essay Example | Topics and Well Written Essays - 500 words - 5

Education - Essay Example I seek to expand my knowledge base on every possible occasion and am good at crisis management. I am capable of handling complex situations, without becoming panicky and by maintaining my calm and composure, which is a pre-requisite for every professional in the field of Healthcare. The programme promises to help transform worthy individuals into Healthcare professionals, imparting necessary skills and temperamental polishing. It provides direction in terms of helping the students achieve ground for learning and practising the promotion of superior quality Healthcare, with better judgement skills. It also aims to help students equip themselves with scientific knowledge and also keep themselves abreast with the sweeping minute changes that take place in the industry, aiding the provision of improved healthcare to the society, at large. Therefore, keeping in mind my personal and professional strengths and abilities; and linking them up to the goals of the programme, it is evident that the programme will surely help me polish and sharpen my skills. In addition to this, I am confident that I shall work to the best of my ability and prove my stature as a candidate with immense potential and worthy of being given admission to pursue the programme. Therefore, I hope you will consider me for the same and help me make a mark for myself in the field of Healthcare, while also fulfilling my duty to this noble profession, the society and humanity, with the help of this programme.

Wine Making Essay Example for Free

Wine Making Essay Winemaking is the production of wine, starting with the selection of grapes and other produce, and ending with putting the delicious wine into bottles! Although wine is usually made from grapes, it may also be made from other fruits! Winemaking can actually be divided into 18 different categories†¦.. Harvesting, destemming, crushing, primary (alcoholic) fermentation, pressing, pigeage, cold stabilization, heat stabilization, second fermentation, bulk aging, Malolactic fermentation, laboratory tests, blending, fining, preservatives, filtration, and last but not least, bottling! Lets now find out how to make wine! Harvesting Harvesting is the picking of the grapes and the first step in wine production. The grapes are either harvested by hand or mechanically, the decision lies on the winemaker. Before harvesting, the winemaker checks the grapes for ripeness, flavor, seed color and taste, and lastly, the sugar level! Mechanical harvesters are large tractors that straddle grapevines, and with a rubber rod, strike the vine to get the grapes. Mechanical harvesters have the advantage of picking grapes in a short amount of time. The disadvantage is all the leaves and stems come with the grapes. Some smart winemakers take off the leaves with another machine before harvesting. Destemming Destemming is the process of removing the stems from the grapes. This process may take place before, or after crushing, depending on the winemaker. If you harvest by hand, you can just skip this step altogether! Crushing Crushing is when gently crushing the grapes and breaking the skin to start getting flavor. In traditional and small wineries the grapes are sometimes crushed by stomping on them. However, in large, more upscale wineries, the grapes are crushed by a large, mechanical, wine crusher. Primary (alcoholic) fermentation Have you ever wondered what the powdery coating around grapes is? So have I! Yeast is what the powder is, which is useful for alcoholic fermentation. Since this can give unpredictable results, cultural yeast is added to the mix. During fermentation, the yeast cells feed on the sugars and multiply, creating carbon dioxide gas and alcohol. The tempeture affects both the taste of the product and the speed that fermentation is over. For red wines, the temperate is typically 72-77 F, and for white wine, the normal tempeture is 59-64 F. For every gram of sugar that is converted, about half a gram of alcohol is produce, so to get a 12% alcohol concentration, the product has to contain 24% of sugar. Pressing Pressing is the act of applying pressure to grapes in order to separate wine from grapes and grape skins. Presses act by positioning the grapes or grape skins between a rigged surface and a movable surface and slowly decreasing the volume between the two surfaces. As the pressure increases, the amount of tannin extracted from the skins into the juice also increases. Pieaege Pieaege is a French winemaking term for the traditional stomping of the grapes in open fermentation tanks. To make different type of wine, grapes are put through a crusher and then poured into open fermentation tanks. Once fermentation begins, the grape skins are pushed to the surface by carbon dioxide gases, released in the fermentation process. The layer of skins at the top is called the cap. The cap needs to mix with the liquid each day for flavor Cold and Heat Stabilization Cold stabilization is a process used in winemaking to reduce tartrate crystals that’s in wine. These crystals look like grains of clear sand, and are formed by acid and potassium. The temeture of the wine is dropped close to freeing for 1-2 weeks. This will cause the crystals to separate from the wine. During heat stabilization, unstable proteins are removed by absorption, preventing them from being in the finished bottle of wine. Second Fermentation. This process takes three to six months, and is very valuable! The wine is kept under airlock, and proteins from the grapes are broken down, and the yeast cells that are still remaining and other particles are able to settle. In this process, the wine goes from being cloudy, to clear! Secondary fermentation usually takes place in large stainless steel vessels or large oak barrels. The oak gives wine a very good finished taste, but if the winemakers decide to put the wine in stainless steel, oak chips are added! Malolatic Fermentation. This process occurs when lactic acid bacteria mixes with malic acids and produces lactic acids and carbon dioxide. Malolatic fermentation can improve the taste of wine that has large amounts of malic acids. Malic acids creates an unpleasant, harsh, and bitter taste sensation. All red wines go through malolatic fermentation to lessen the amount of acid in the wine, and to remove the possibility that malic acids may be in the bottle. On the other hand, many white wines do not go through fermentation, because they don’t have a lot of acid. Laboratory Tests. Whether wine is stored in vessels or barrels, tests are done regularly. These tests are done to test sugar level, alcohol level, pH level, and many other factors. Theses tests are performed throughout the making of the wine, from the first step through the last! Blending and Fining Different wines can sometimes be mixed together to achieve the desired taste. This process is as simple as the tests the wine have, every now and then. Fining is removing the chemicals and particles that make the wine cloudy. Gelatin has actually been used in many wines for centuries, as a traditional method for wine fining! Usually, no gelatin actually remains in the wine, as it mixes with other chemicals. Also many fining agents will use milk, eggs, bone char, bulls blood, an animals bladder, honey, and a skim milk powder. Preservatives The most common preservative in winemaking is sulfur dioxide. Sulfur dioxide has one main reason, and that is that its an anti oxidant. If sulfur dioxide is added before alcoholic fermentation, it may damage the effects of oxygen, and the wine will go bad! Without the use of sulfur dioxide, wines will suffer bacterial spoilage. Some winemakers practice natural winemaking where no preservatives are added. The wine is then put in a freezer with the temperature being 5 C. Filtration Filtration in winemaking is used to accomplish two objectives: clarification and stabilization. In clarification, large particles that effect the visual appearance of the wine are removed. In stabilization, organisms that effect the stability are removed, therefore killing all possibilities of the wine going bad. The wine is then put in the refrigerator at a low temperature. Bottling. Finally, the last step in winemaking! A final does of sulfite is added to help preserve the wine and to prevent unwanted fermentation going on in the bottle. Once the wine bottles are filled,, they are traditionally sealed with a cork. The final step is adding a capsule! The wine is now ready to be shipped off, and then sold to buyers that will greatly enjoy the taste! Many people actually don’t know how much work is put into making the wine! That’s why its so expensive, nowadays! I hoped I helped you to understand the process of†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. WINEMAKING!!!!!

Gender Differences in Mental Rotation Experiment

Gender Differences in Mental Rotation Experiment Abstract Mental rotation involves mind when it tries to recognize objects in the surrounding and figuring out what the altered objects really are. The aim of this experiment was to determine reaction time of different angles of rotation and influence of gender differences. The task involved comparing three letters, some letters appeared the same and others were difficult to tell during rotation. I also noted that, the more an image is rotated from the point of origin, the longer it takes for an individual to realize if the letters are the same. Neither the position nor the axis on the object being rotated is the degree in which it is rotated and the speed of the rotation. Matching the letters required a lot of time as the speed of rotation increases. The experiment also showed that, females are faster than males. Keywords: Mental rotation, experiment, females, males, mind, gender, memory Mental rotation Introduction Mental rotation involves moving objects in the brain. These objects are stimulus (Cohen, 2012). As they rotate physically they also move mentally. The differences that may occur in different genders may be as a result of picture vividness. Images may appear very bright seeming like real life because it is clearly bright or detailed. In this study females got the higher score because they have habits in thinking and their way of thinking is quite different from men. This experiment was aimed at determining the length of time that could be taken to determine whether the letters were the same or quite different. For each pair, I tried to redo it by closing one eye and tried it again when all eyes are open to identify any difference. According to the theory of Paivio and Harshman (1987) females always tend to remember first because they use more imagery, colorful images which they have developed a habit in. As compared to males, reported use of images is a way of solving problem and gives them the ability to visualize objects. For instance, females do well in images that view regularly provided that they are colorful hence drawing their attention, whereas males might do well in manipulation of images. Males perform well on arts like drawing; while female perform well on some tasks requiring visual memory. Female have the tendency of reporting events and use of imagery. These images are stimulated by the verbal accounts of events. According to Paivio and Harshman (1987), this theory indicates that female tend to have more pictorial imagery as compare to males. By applying commonsense, people may differ in image viewing and image control. Some individuals may be having eye complications (Johnson, 1990). This has a very big difference on individuals. It all depends on how the images are perceived. The finding of this experiment therefore indicates that, individual differences in imagery are multidimensional and image ability might be multidimensional. In conclusion, mental rotation is depends on the mental rotation speed of different people. There is need for research in future to focus on the effects of the various socio-cultural and biological factors, as well as competent mental effects that influence individuals’ mental rotation and the strategies to acquire competent mental rotation. It is also hypnotized that, gender also determines on the ability of mental rotation. Method Participants: Participants were 10 competent students. This group consisted of 6 females and 4 males with age range from 20-45. Participation was open and voluntary to anyone. There were more females than males. Materials: There were 10 trials of different lettered objects to the participants before being rotated. This was to determine if the objects were similar both on the left and right view. Participants were given different letters on computer screen for 10 trials. The objects were being shown randomly and the participants were to make a comparison by clicking on the mouse to accept by pressing a button of true or false. The mean time was measured in seconds. Participants were also asked to give more information on gender and age and their effects on the rotation. It came to my realization that young people tend to have a sharp memory than the old people hence they are more skilled in mental rotation. Procedure: For each trial, the entire 10 participant were shown two different presentations of the objects. The object on the left was the standard version and the shape on the right was a reflected version of the shape on the left. The object on the left was shown in the upright way appearance while the object on the right was rotated in each trial; participants were to rotate the right object mentally then draw a conclusion if the objects were similar. That is, if the right objects were identical to the left objects. Participants were also asked if the left object was identical to the right one or otherwise. The task of participants was to complete the 10 trials, and to mentally see if they could recognize objects in their upright position after being rotated. Results: The results showed that, the bigger the rotation of the angle, the longer it takes for the participants to make decisions on whether the two objects have any similarities. As the object on the right was reflected, the vision of the object on the left participants first rotated the shape mentally to the right position. Individuals with inability were faster and more accurate in identifying the images. After mentally rotating the imagery they responded whether or not the shape was identical to the first shape. The results from the table also showed that if a shape has been rotated to instance 240 degrees, physically it will take longer for an individual to compare a shape which has been rotated 60 degrees. From the group, females were the most of the participants and they were showing a higher reaction and quicker response than males. This clearly showed what sex difference influence mental rotation. Discussion As already mentioned that mental images are analogue representations of physical objects, this finding supports the result of Harshman and Paivio and (1987) on reaction time. The results provide supports for the hypothesis that as angle of rotation goes, the reaction time of participant increases. This information supports the hypothesis which has been supported in this study. As the angle of rotation becomes bigger, it takes the participant longer time to make a decision. According to the findings, participants mentally rotate the second objects to its upright position first then compared with the standard version of the object. After mentally rotating the imagery, they respond whether or not the shape is identical to the first shape. The results show that females have higher reaction time than males. The results showed that, it took females longer to decide â€Å"males are more proficient on paper and pencil tests requiring mental rotation or transformation† (Harris, 1978; Maccoby Jacklin, 1974) now that there was an equal number of a female participant to that of the male participants. The limitation of having a bigger number of female participants was eliminated by balancing the number. The results supported the hypothesis that gender differences influences the way an image is perceived. As predicted, the females scored higher than males on the mental imagery test because female perceive objects differently. This findings supported by earlier studies in which female needed more time to rotate the shape mentally than males. I also found out that, the ability to rotate objects mentally might relate to individual differences in specific kinds of imagery abilities. Also from the research mental rotation is activated by different coloured shapes. The coloured objects tend to take a shorter time than the dull objects. The setting for this experiment was at school. This enabled us get different results from the previous ones. The environment where the task completed made this study a success because there were very few distractions. All the concentration of all participants was sufficient in conducting this research. The environment was conducive and it enhanced the findings about mental rotation. Additional advantage of this study was the limited range of age group, which enabled us to establish the differences and how different people with different ages perceive objects in their brains. Differences in age may influence how long it might take a participant to make the decision that the object is real or similar to another. The overall result of this study is that, as the angle of rotation goes upwards the reaction time of the participants increase. This is because the image must first rotate mentally then decides the shape is mirror or not. In conclusion male participants are not a good simple of representations. Aged people are also not good in mental rotation. References: Cohen, M. 2012. Changes in Cortical Activities During Mental Rotation: A mapping study using functional magnetic resonance imaging Retrieved on May 29, 2014 from, http://airto.bmap.ucla.edu/BMCweb/BMC_BIOS/MarkCohen/Papers/Rotate.pdf Harshman R.A. Paivio, A. (1987). â€Å"Paradoxical† sex differences in self-reported imagery. Canadian Journal of Psychology, 41, 287-302 Johnson A.M. (1990). Speed of mental rotation as a function of problem solving strategies. Paivio, A., Harshman, R. A. (1983). Factor analysis of a questionnaire on imagery and verbal habits and skills. Canadian Journal of Psychology, 37, 46l-483

Top Five Events in American History Essay -- essays research papers

Compared to others, America is a young country, a baby in many eyes. Despite its age though, The US has gone through some amazing changes through its historical events. Some of the events were large, such as the Revolutionary war and the civil war. Others meanwhile, were more subtle, like the Watergate scandal. Five events stand out as being the most important in Shaping America into what it is today. They are: the counterculture movement, the scandal at Watergate, World War One, the Holocaust, and the making of the Atomic bomb. #5: The counterculture movement. It began in the 1960’s as teens started to question the value system of the government. They turned away from the materialistic views of the older generation to make their own society, a kind of Utopia. Many of these teens had a higher education, were white, and from the upper and middle classes. Teens formed their own self sustained communities, growing their own food, and practicing different kinds of religious beliefs outside of the Judeo-Christian traditions. Drug use was very common, because it was thought to expand the mind and a person’s conscious. Clothing and Hair trends changed in this era also. The norm for hair length became longer while clothes were looser, the patterns bright and simple. The psychedelic tie dye pattern became popular during this age too, probably due to the drug use and so the hippies needed an easy way to entertain themselves. The largest of these communities was Haight-Ashbury, which is located in San Francisco. The sixties and the counterculture movement were important mostly to the social aspect of American life. Out of that era we got Hendrix, the Grateful Dead, and others that changed Rock music as we know it. Fashion trends ... ...ters in case of fallout. Wars have been waged in order to get other countries to stop the nuclear programs. An example of this is the Korean War, and also the current war on terror. They were the subject of the Cuban missile crisis. Nothing good has come of making the atomic bomb and sooner or later it will lead to our destruction. It surpasses the other events in importance because it still affects us today, mainly with the war on terror. Many events are important in America’s History. They define who we are as a country. Some of these events are positive while others are negative. It’s important to study them all, and try to learn from past mistakes. The top five discussed above are all important because they are a mix of good and bad. Some of the effects of these events are more subtle than other but they all are important in defining who we are as a country. Top Five Events in American History Essay -- essays research papers Compared to others, America is a young country, a baby in many eyes. Despite its age though, The US has gone through some amazing changes through its historical events. Some of the events were large, such as the Revolutionary war and the civil war. Others meanwhile, were more subtle, like the Watergate scandal. Five events stand out as being the most important in Shaping America into what it is today. They are: the counterculture movement, the scandal at Watergate, World War One, the Holocaust, and the making of the Atomic bomb. #5: The counterculture movement. It began in the 1960’s as teens started to question the value system of the government. They turned away from the materialistic views of the older generation to make their own society, a kind of Utopia. Many of these teens had a higher education, were white, and from the upper and middle classes. Teens formed their own self sustained communities, growing their own food, and practicing different kinds of religious beliefs outside of the Judeo-Christian traditions. Drug use was very common, because it was thought to expand the mind and a person’s conscious. Clothing and Hair trends changed in this era also. The norm for hair length became longer while clothes were looser, the patterns bright and simple. The psychedelic tie dye pattern became popular during this age too, probably due to the drug use and so the hippies needed an easy way to entertain themselves. The largest of these communities was Haight-Ashbury, which is located in San Francisco. The sixties and the counterculture movement were important mostly to the social aspect of American life. Out of that era we got Hendrix, the Grateful Dead, and others that changed Rock music as we know it. Fashion trends ... ...ters in case of fallout. Wars have been waged in order to get other countries to stop the nuclear programs. An example of this is the Korean War, and also the current war on terror. They were the subject of the Cuban missile crisis. Nothing good has come of making the atomic bomb and sooner or later it will lead to our destruction. It surpasses the other events in importance because it still affects us today, mainly with the war on terror. Many events are important in America’s History. They define who we are as a country. Some of these events are positive while others are negative. It’s important to study them all, and try to learn from past mistakes. The top five discussed above are all important because they are a mix of good and bad. Some of the effects of these events are more subtle than other but they all are important in defining who we are as a country.

Equality for Race Essay

As a teenager growing up in the 1990’s, I have realized the overwhelming importance of racial equality and cooperation in our society. I strongly believe that the key to the success of America’s future is the breaking down of all racial barriers and working together as one, united nation to try to bring this country back to the land of true â€Å"equal† opportunity. These past few years have been trying times for open-mindedness for Americans. Witnessing the vicious beating of Rodney King, the riots that followed the King verdict where Reginald Denny was brutally and senselessly beaten, had the whole country on edge. The single biggest court case in this country’s history – that of O.J. Simpson – was blanketed with racial overtones. The verdict had the country almost divided over the decision. Now Louis Farrakhan is preaching controversial ideas and beliefs to millions of black men across the nation, creating tension among the races. These incidents only impose more obstacles in American society’s racial relations. But the best way to mend these wounds is to create an environment were all races and creeds can work and interact together every day, to better understand and relate to other cultures and their customs, and beliefs on a person-to-person basis. I recently was asked the question: when was the last time you discussed racism with someone of another race? One of my best friends is an African-American Metco student from Dorchester, and another is of Mexican-American decent. We have been friends for so long that we openly discuss racial problems all the time. But I wondered if this question was asked of the entire country how many people could comfortably and openly discuss their views on racism with a person of different race? I’m sure there are a lot of people who don’t have the same opportunity that I do. Creating a multicultural environment, especially at the college level, where you are exposed to so many unique ideas and people, is an excellent start to try to introduce people to others in a time when you are alone for the first time, in a foreign environment, and everyone is looking to make friends. If more people stop being ignorant and start using experience and the past as a teacher, they will see that all the fighting and intolerance doesn’t get anyone anywhere. We will see that in adverse times when people pull together, positive things are almost always the result. So I am anxiously hoping to be a positive influence in achieving a multiculturally aware student body, and maybe if more campuses make this issue a top priority the country will benefit as a whole.

Communication Barriers Essay

â€Å"So the whole war is because we can’t talk to each other,† Orson Scott Card. Ineffective communication is a major risk when working in health care. Both speaker and listener need to be in agreement about the message transmitted between each other. There are many factors that influence the way we communicate, and the intended message may not be understood. A person’s gender, sexual orientation, race and ethnicity, age, culture, language, economic status, stereotypes, regional differences and noise are several barriers to effective communication. For communication to be effective, everyone needs to be responsible for clear communication, endeavoring to send and receive clear messages with as little distortion as possible. What is communication? Communication is a process involving several steps, among two or more people, for the primary purpose of exchanging information. It takes place when people interact in both verbal and nonverbal conversations. To get the point across to a person that is going to be involved in the conversation the information must pass through various channels. There are different steps required to get any information across. The first step is to transmit your idea or message. This begins with the source or the originator of an idea. The source takes this idea and puts it into a code and then transmits this message through a channel. The channel is a means by which the message is expressed, and there is a variety of channels that can be used. Various channels include phone, face to face, text messages, emails, and even Twitter. Next the receiver takes the message and interprets the code, or decodes it. Once this is done the receiver responds or gives feedback. The message or code can be misinterpreted due to noise or barriers.  Communication barrier is what makes communication complex, difficult, and sometimes frustrating. Communication barriers can have a large impact on getting the message across. People tend to erect barriers hindering their ability to  communicate. Physical barriers are defined as the specific area of transmission of communication. There are various kinds of physical barriers like the presence of closed office doors, separator screens, specified cabins, cubes, workstations, sections for people of different status and task or anything that physically separates people from one another. In organizations, physical barriers can be effective in the overall spread of the message. With a variety of checks and a strong platform, they can avoid encroachment of strangers and create cohesive teams.  Emotional barriers are related to the emotions of both the source and receiver. A person’s emotions can have a great effect on their message. When various emotions are involved, the message could be no more than an emotional outburst. People will focus on these emotions rather than focus on the message. The challenge is to examine and evaluate emotional barriers in communication and focus on what the other person is saying. Cultural barriers are created when people of a different culture communicate. When they communicate there is a tendency to share less information than those of our cultural heritage. Translating messages into words and behaviors is based on a person’s cultural background and is not the same for each person. Culture is a combination of various formative influences placed on us as we grow up. The major factors in this development of culture are religion, caste, creed, nationality, social status, values, beliefs and many such elements. Cultural elements have their big role to play when a person participates in communication. When someone becomes a part of a group and become attached to it, sooner or later, they get adapted to that group in terms of the cultural code of the group. Intercultural communication occurs when people who have different cultural traditions start a conversation. In order for you to have an error-free communication, you need to study and understand the cu ltural differences of your receiver as well. Technological advancements have made the communication process far more speedy, accurate and smooth. The development of smart phones and computers has made communication more comfortably accessible. All business practitioners and modern managers understand the importance of multidimensional moving of communication at multi-location stations traveling through innumerous ways of channels and mediums. In the  circumstances, when the whole social-networking and business functioning depends on technological tools of communication, it becomes highly significant to operate these tools ensuring that they 14 The IUP Journal of Soft Skills, Vol. VI, No. 3, 2012 are error-free. On the contrary, devices are electronic systems and they keep facing errors now and then, causing unpredictable communication errors in terms of its delivery to the desired end. Sometimes even the accuracy of these gadgets is questioned. The more we depend on these technological tools, the higher the chances are of getting error harms involved in the process. Sometimes, poor signals or unreceivable frequency of the transmitted messages cause trouble in getting those downloaded or decoded, resulting and leading to the failure of accurate message delivery, and sometimes it becomes tougher to ensure even its partial delivery to anyhow run the activity. Devices like cell phones, Internet and various other technological applications keep facing such errors depriving us of comfortable transaction and transmission of messages. Such system failures and its non-competing performance as desired by the sender or receiver lead to technological noises. The world of language is full of variety and pleasing choices. In a country of various languages like India, language keeps slightly changing every fifty miles. In the southern part of India, organizations prefer the regional language of communication, while this practice is not found in the northern region of India. Language is a highly important tool to describe our opinion, likes and dislikeness, preferences, thoughts, and ideas while communicating. It is always important to ensure that the language of the sender and the receiver is the same for a successful transmission of communication, but most of the time, language proves to be a potential barrier in the course of communication. Gender Barriers Gender has its own specified impact on the pattern of communication. As has been observed by the researchers, a woman uses approximately 25,000 words a day while talking, whereas a man uses around 10,000 words. As per the various medical reports, the speech ability of girls begins far earlier than boys. There are certain things that the girls cannot express due to gender barrier what boys can do and vise versa. The physiognomy of the boy and girl is responsible for language ability differences. The reason for  this lies in the neuronal wiring of a man’s and woman’s brains. The communication model of man remains linear, logical and sectioned, while woman’s expression is a combination of logic and emotion. Normally, during an interaction, woman uses different types of words while explaining any incident, and man uses a different set of words while explaining and describing the same incident. This difference is majorly because of the gender barrier. Interpersonal Barriers Interpersonal barriers comprise differences between the source and the receiver. There may be multiple differences between the encoder and decoder which result either in failure or partial delivery of meaning or content. The success ratio of communication is far higher when the person who communicates and the person who receives it are Comprehensive Modeling of Communication Barriers: A Conceptual Framework 15 on similar wavelength in terms of language, understanding and both ensure alike interpretation of the message in question. The lesser the interpersonal gap, the stronger the chances of communication success. Noise Barrier Noise is an external factor which causes interruption in the flow of communication. There are various types of noises available in the environment blocking the communication flow fully or partially. The major types of noises are discussed in detail in Figure 3. Description of Components of the Model Communication Noise Communication is an intricate process which encompasses various ideal conditions for the message to pass through successfully from the sender to the receiver. The factor of noise is very important, as it has been given due representation in almost all the communication models propounded by various researchers. In communication models, noise interference occurs during the decoding process of messages transmitted over a channel by an encoder. There are many examples of noise, and some major noise problems have been discussed in the comprehensive model of noise barriers in Figure 3. Environmental Noise According to Adler (1991), since we are constantly bombarded with more stimuli than we can absorb and more perceptions than we can keep track of, we only perceive those images that may be meaningful. We group perceived images into familiar categories that help to simplify our environment, which become the basis for our interpretations and allow us to function in an otherwise overly complex world. Environmental noise majorly springs from physical disturbances causing disruptions and creating problems in the smooth flow of communication from one point to another. For example, it is highly difficult to listen or understand the message if the speaker transmits communication from a noisy place like near the loud speaker during party/celebration. Sometimes, it becomes very difficult to respond over the phone or to a person nearby communicating with you if you are at the railway platform or a bus stand as these places are known for high decibels. Physiological Noise Physiological reasons are also effective noise barriers in the communication process. In this category, biological reasons like physical maladies that prevent effective communication, such as actual deafness or blindness are also taken into account. Sometimes intricate problems in clear utterance also cause physiological barriers in the process of communication. In this category, all those physical deficiencies or impairment causing obstruction to clear and smooth flow of communication are taken into account. Psychological Noise The psychology of the source communicator and receiver has its inevitable influence on the process of communication. The final shape of a thought or opinion does undergo structural changes based on the psychology of the person who communicates. The psychology is such an important factor that it sometimes makes the opinion of one person appear differently to the others. Our psychology consists of perception, attitude, vision, experiences, feelings and emotions, including various experiential amalgamations collected from our childhood to adulthood. The psychological metamorphosis is an ongoing process. The communication pattern and the contextual value of it are very much demonstrations of one’s psychology. Similarity of a  psychological approach solves this noise barrier to some extent. Difference in psychology between the sender and receiver magnifies the complexity of psychological noise. Specific mental condition can influence communication. For example, the mood of communicator or receiver naturally influences psychological noise and sometimes severely hampers effective communication. Cultural Noise â€Å"As we are different from others in various areas so is our culture. While language and communication systems are part of the culture, and language has often been used as a proxy for culture, the overlap between language and culture is only partial. For example, Comprehensive Modeling of Communication Barriers: A Conceptual Framework 17 Spanish speakers come from a variety of countries with distinct cultures† (Del Pinal and Singer, 1997). Cultural differences cause cultural noises. Taken-for-granted assumptions most of the time cause misunderstanding. Stereotypical assumptions can be potential contributors of cultural noise. Diversity of culture and cultural background is the mother source of noises of this category. Organizational Noise The most significant activity of any organization is a constant flow of communication in multi-directed locations internally and externally. Communication is a constant happening in organizations in various structures, formats and modes channelized at various hierarchical levels. The possibility of lapses in communication always remains very high and needs to be given due care and attention through continuous monitoring. The most common directional flow of communication in the organization is upward and downward. But the horizontal flow is also the integral part of the process. In the cross-functional movement of communication, the poorly structured messages do create a lot of troubles. If a message is poorly crafted by the higher-ups, it might create confusion and improper decoding of the intended meaning. Such types of instances are considered as organizational noise. Syntactical Noise Grammar of any language is the base framework to provide a structure to our  thoughts and expressions. But converting thoughts at a fast pace and applying suitable grammatical structure to it and ensuring correctness while speedily interacting and exchanging sentences, whether verbal or written, may be difficult at times. Molding thoughts into sentences and at once following the appropriate grammatical pattern is a very intricate process, and sometimes the user of a language does not have the efficiency or dexterity required to do so effectively. For example, when any incident is described by a communicator, he might commit mistakes in altering tenses at a fast pace, which results in syntactical noise. Mistakes in grammar can disrupt communication, leading to syntactical noise. Semantic Noise Most of the times, words have more than one meaning. The context of the interaction also prefixes the preciseness of the meaning of a particular word. Each one of us, as a communicator, has got his own style of using different words in different contexts. Sometimes the meaning of a word is presumed but it is not the intended meaning. Adler (1991) commented that â€Å"misinterpretation can be caused by inaccurate perceptions of a person or situation that arise when what actually exists is not seen. It can be caused by an inaccurate interpretation of what is seen; that is, by using my meanings to make sense out of your reality†. Thus, the variety of interpretations causes semantic noise in the communication process. 18 The IUP Journal of Soft Skills, Vol. VI, No. 3, 2012 Conclusion Communication is an integral and underlying element in any relation, whether personal, social, professional, global or business. Communication is the key factor that helps any business to progress substantially. The advent of new technologies has ensured the availability of efficient tools of communication through which the percolation of message, sending and receiving, has become much faster. Even then, dependence on electronic gadgets begets new system errors, either haulting the communication process or transmitting it inaccurately or after much delay. There are innumerable factors which may disrupt the communication flow, and these disruptions are known as potential barriers or various types of noises causing unexpected interruptions. The models displayed in the paper are rich resources to  monitor the active zones where the barriers might occur and can cause difficulty in the delivery of the message intended. The proposed models describe the barriers in the overall communication process and the respective points at which the probabilities of such disruptions are higher. No doubt, the barriers create complexity, difficulty and interruptions in communication, but the suggested model will naturally help in understanding such undesired occurrences. The conceptual framework does provide an exhaustive understanding of such complex situations caused by barriers and noises and shows how to remove them from the path of communication flow to enjoy constant and accurate flow of communication from one to another or many. Hahn Gail (2007), The Communication Coach II, Coloring Outside the Lines. Palazzolo Sam (September 2008), â€Å"Influential Communication†, available at http:/ /findarticles.com/p/articles/mi_qa5286/is_20080901/ai_n28118653. Accessed on November 1, 2014 . Sanchez Nick (September 2008), â€Å"Communications Process†, available at http:// web.njit.edu/~lipuma/352comproc/comproc.htm. Accessed on November 2, 2014

Role of Commercial Banks in Development

Role of commercial banks in development. INTRODUCTION A commercial bank is something with which every one of us is well known. However different bankers and economists have defined it in a different way:   According to Kent: â€Å"An organization whose principal operations are concerned with the accumulation of the temporarily idle money of the general public for the purpose of advancing to others for expenditure. † According to Banking Companies Ordinance 1962: Banking means the accepting for the purpose of lending or investing of deposits of money from the public repayable in demand or otherwise and withdraw-able by cheque, draft order or otherwise. † Various economists have different views about the role of commercial banks in economic development. Schumpeter says,  Ã¢â‚¬Å"It is the banking system which serves as a key agent along with the entrepreneur in the process of economic development†. According to  Prof. Cameron  in his â€Å"Banking and Economi c Development†, â€Å"a banking system may make a positive contribution to economic growth and development. Evolution of Commercial Banks The foundation for building a broad base of agricultural credit structure was laid by the Report of the All-India Rural Credit Survey (AIRCS) of 1954. The provision of cultivator credit in 1951-52 was less than 1% for commercial banks. In the report it was observed that agricultural credit fell short of the right quantity, was not of the right type, did not fit the right purpose and often failed to go to the right people.With a view to give an impetus to commercial banks, particularly, in the sphere of investment credit, the nationalization of the Imperial Bank of India and its re-designation as the State Bank of India (SBI) was recommended. Growth in Outreach 1951-91 From the position prevalent in 1951-52, commercial banks came a long way with a substantial spread of 32,224 branches in rural and semi-urban areas comprising 68% of their tot al outlets as on 31 March 1991. The outstanding deposits of such branches at Rs. 7,855 crores as on the same date constituted around 35% of their total deposits, while loans outstanding at Rs. 43,797 crore comprised 36% of outstanding credit. The agricultural advances of the commercial banking system aggregated Rs. 16,687 crore and constituted 14% of total advances in March 1991. The rural and semi-urban branches of commercial banks covered 17. 6 crore deposit accounts while the number of loan accounts serviced aggregated 3. 7 crore. Growth during 1991-92 to 2003-04 The period since 1991-92 has seen a fairly rapid expansion of credit to agriculture.Available data indicate that the flow of credit to agriculture by commercial banks and RRBs taken together increased to Rs. 60,022 crore in 2003-04. This implies a compounded annual growth rate of 22. 2%. In fact, as compared with commercial banks (including RRBs), the flow of credit from the cooperative sector was much slower through thi s period. The compounded annual growth rate of credit for agriculture from cooperative institutions was only 13. 7%. Further, the proportion of agriculture credit to total credit came down because of the rapid growth in non agriculture credit.The Government took some major initiatives during the period to boost agriculture production and productivity through enhanced credit flow and by way of building agricultural infrastructure, particularly irrigation and connectivity in rural areas. Special Agricultural Credit Plan (SACP) was introduced by RBI for Public Sector Commercial Banks in 1994-95. Credit growth for agriculture and allied sectors under this caption reflected a CAGR of 36. 45% during 2001-02 to 2005-06. SACP has since been extended to Private Sector Commercial Banks from 2005-06.The SHG – Bank Linkage Programme was started as a pilot project by NABARD in 1992. It led to the evolution of a set of RBI approved guidelines to banks to enable SHGs to transact with banks. Initially there was slow progress in the programme up to 1999 as only 32,995 groups were credit linked during the period 1992 to 1999. Since then the programme has been growing rapidly and the cumulative number of SHGs financed increased from 4. 61 lakhs on 31 March 2002 to 10. 73 lakhs on 31 March 2004 and further to 29. 25 lakh groups as on 31 March 2007.Rural Infrastructure Development Fund (RIDF) was set-up in NABARD by GoI during 1995-96 with an initial corpus of Rs. 2000 crore, to accelerate the 47 completion of on-going projects of rural infrastructure. Banks which did not fulfill the priority sector credit requirement and agriculture credit mandate were required to contribute to this Fund. The fund has been strengthened every year with additional allocations in the Union Budget. A large number of irrigation and rural connectivity projects could get completed under RIDF. RBI scaled down its contribution to the Rural Credit funds with NABARD to a token amount of Rs. crore per annum since 1993-94. However to enable NABARD to have reasonably strong leverage for accessing market funds, the share capital of NABARD was strengthened and increased to Rs. 2000 crore (paid up) from Rs. 100 crore at the time of its formation in 1982. Contributions to enhanced share capital have come from GoI and RBI. By prudent funds management, the institution has also built a strong base of reserves and has been using it in its business operations judiciously to keep lending rates to rural financial institutions at significantly lower than market costs. Developments – Post 2003-04Since 2003-04, there has been a substantial increase in the flow of credit to agriculture through commercial banks. Disbursements have increased from Rs. 52,441 crore in 2003-04 to Rs. 1,16,447 crore in 2005-06, reaching an annual growth of 43% each year. As envisaged in the GoI's strategy for â€Å"doubling of credit†, 95 lakh new farmers have been brought under the institutional fold an d 1,383 agri-clinics opened. Commercial banks have also played a major role in the promotion of the SHG – bank linkage movement with more than 11. 88 lakh groups being linked to banks for provision of credit.Reforms in the commercial banking system include removal of procedural and transactional bottlenecks including elimination of Service Area Approach, reducing margins, redefining overdues to coincide with crop cycles, new debt restructuring policies, one time settlement and relief measures for farmers indebted to non-institutional sources. Banks play a vital role in the economic development of a country. They accumulate the idle savings of the people and make them available for investment. They also create new demand deposits in the process of granting loans and purchasing investment ecurities. They facilitate trade both inside and outside the country by accepting and discounting of bills of exchange. Banks also increase the mobility of capital. They provide a variety of f acilities for remitting a large amount of money from one place to another by the transfer of a mere slip of paper. Commercial banks play an important and active role in the economic development of a country, if the banking system in a country is effective, efficient and disciplined; it brings about a rapid growth in the various sectors of the economy. The Functions of Commercial BanksIn the modern world, banks perform such a variety of functions that it is not possible to make an all-inclusive list of their functions and services. However, some basic functions performed by the banks are discussed below. 1. Accepting  Deposits The first important function of a bank is to accept deposits from those who can save but cannot profitably utilize this saving themselves. People consider it more rational to deposit their savings in a bank because by doing so they, on the one hand, earn interest, and on the other, avoid the danger of theft.To attract savings from all sorts of individuals, th e banks maintain different types of accounts: (i) Fixed Deposit Account: Money in these accounts is deposited for fixed period of time (say one, two, or five years) and cannot be withdrawn before the expiry of that period. The rate of interest on this account is higher than that on other types of deposits. The longer the period, the higher will be the rate of interest. Fixed deposits arc also called time deposits or time liabilities. (ii) Current Deposit Account: These accounts are generally maintained by the traders and businessmen who have to make a number of payments every day.Money from these accounts can be withdrawn in as many times and in as much amount as desired by the depositors. Normally, no interest is paid on these accounts; rather, the depositors have to pay certain incidental charges to the bank for the services rendered by it. Current deposits are also called demand deposits or demand liabilities. (iii) Saving Deposit Account: The aim of these accounts is to encourag e and mobilise small savings of the public. Certain restrictions are imposed on the depositors regarding the number of withdrawals and the amount to be withdrawn in a given period.Cheque facility is provided to the depositors. Rate of interest paid on these deposits is low as compared to that on fixed deposits. (iv) Recurring Deposit Account: The purpose of these accounts is to encourage regular savings by the public, particularly by the fixed income group. Generally money in these accounts is deposited in monthly installments for a fixed period and is repaid to the depositors along with interest on maturity. The rate of interest on these deposits is nearly the same 3s on fixed deposits. (v) Home Safe Account: Home safe account is another scheme aiming at promoting saving habits among the people.Under this scheme, a safe is supplied to the depositor to keep it at home and to put his small savings in it. Periodically, the safe is taken to the bank where the amount of safe is credited to his account. 2. Advancing  of loans The second important function of a bank is advancing of loans to the public. After keeping certain cash reserves, the banks lend their deposits to the needy borrowers. Before advancing loans, the banks satisfy themselves about the credits worthness of the borrowers. Various types of loans granted by the banks are discussed below: (i) Money at Call:Such loans are very short period loans and can be called back by the bank at a very short notice of say one day to fourteen days. These loans are generally made to other banks or financial institutions. (ii)  Cash Credit: It is a type of loan, which is given to the borrower against his current assets, such as shares, stocks, bonds, etc. Such loans are not based on personal security. The bank opens the account in the name of the borrowers and allows him to withdraw borrowed money from time to time up to a certain limit as determined by the value of his current assets.Interest is charged only on th e amount actually withdrawn from the account. (iii) Overdraft: Sometimes, the bank provides overdraft facilities to its customers though which they are allowed to withdraw more than their deposits. Interest is charged from the customers on the overdrawn amount. (iv) Discounting of Bills of Exchange: This is another popular type of lending by the modern banks. Through this method, a holder of a bill of exchange can get it discounted by the bank. In a bill of exchange, the debtor accepts the bill drawn upon him by the creditor  (i. e,  holder of the bill) and agrees to pay the amount mentioned on maturity.After making some marginal deductions (in the form of commission), the bank pays the value of the bill to the holder. When the bill of exchange matures, the bank gets its payment from the party, which had accepted the bill. Thus, such a loan is self-liquidating. (v)  Term Loans: The banks have also started advancing medium-term and long-term loans. The maturity period for such loans is more than one year. The amount sanctioned is either paid or credited to the account of the borrower. The interest is charged on the entire amount of the loan and the loan is repaid either on maturity or in installments. . Credit Creation A unique function of the bank is to create credit. In fact, credit creation is the natural outcome of the process of advancing loan as adopted by the banks. When a bank advances a loan to its customer, it does not lend cash but opens an account in the borrower's name and credits the amount of loan to this account. Thus, whenever a bank grants a loan, it creates an equal amount of bank deposit. Creation of such deposits is called credit creation which results in a net increase in the money stock of the economy.Banks have the ability to create credit many times more than their deposits and this ability of multiple credit creation depends upon the cash-reserve ratio of the banks. 4. Promoting Cheque System: Banks also render a very useful medi um of exchange in the form of cheques. Through a cheque, the depositor directs the bankers to make payment to the payee. Cheque is the most developed credit instrument in the money market. In the modern business transactions, cheques have become much more convenient method of settling debts than the use of cash. 5. Agency Functions:Banks also perform certain agency functions for and on behalf of their customers: (i) Remittance of Funds: Banks help their customers in transferring funds from one place to another through cheques, drafts, etc. (ii) Collection and Payment of Credit Instruments: Banks collect and pay various credit instruments like cheques, bills of exchange, promissory notes, etc. (iii) Execution of Standing Orders: Banks execute the standing instructions of their customers for making various periodic payments. They pay subscriptions, rents, insurance premium, etc. on behalf of their customers. (iv) Purchasing and Sale of Securities:Banks undertake purchase and sale of v arious securities like shares, stocks, bonds, debentures etc. on behalf of their customers. Banks neither give any advice to their customers regarding these investments nor levy any charge on them for their service, but simply perform the function of a broker. (v) Collection of Dividends on Shares: Banks collect dividends, interest on shares and debentures of their customers. (vi) Income Tax Consultancy: Banks may also employ income-tax experts lo prepare income-tax returns for their customers and to help them to get refund of income-tax. (vii) Acting as Trustee and Executor:Banks preserve the wills of their customers and execute them after their death. (viii) Acting as Representative and Correspondent: Sometimes the banks act as representatives and correspondents of their customers. They get passports, travelers tickets, book vehicles, plots for their customers and receive letters on their behalf. 6. General Utility Function: In addition to agency services, the modern banks provide many general utility services as given below: (i) Locker Facility: Banks provide locker facility to their customers. The customers can keep their valuables and important documents in these lockers for safe custody. ii) Traveller's Cheques: Banks issue traveller's cheques to help their customers lo travel without the fear of theft or loss of money. With this facility, the customers need not take the risk of carrying cash with them during their travels. (iii) Letter of Credit: Letters of credit are issued by the banks to their customers certifying their creditworthiness. Letters of credit are very useful in foreign trade. (iv) Collection of Statistics: Banks collect statistics giving important information relating to industry, trade and commerce, money and banking.They also publish journals and bulletins containing research articles on economic and financial matters. (v) Underwriting Securities: Banks underwrite the securities issued by the government, public or private bodies. Becau se of its full faith in banks, the public will not hesitate in buying securities carrying the signatures of a bank. (vi) Gift Cheques: Some banks issue cheques of various denominations (say of Rs. 11, 21, 31, 51. 101, etc. ) to be used on auspicious occasions. (vii) Acting as Referee: Banks may be referred for seeking information regarding the financial position, business reputation and respectability of their customers. viii) Foreign Exchange Business: Banks also deal in the business of foreign currencies. Again, they may finance foreign trade by discounting foreign bills of exchange. Role of Commercial Banks In Economic Development Of A Country Commercial banks  play an important and active role in the economic development of a country. If the banking system in a country is effective’, efficient and disciplined, it brings about a rapid growth in the various sectors of the economy. The economic significance of commercial banks is given in brief. (1) Banks promote capital f ormation.The commercial banks play an important role in rising of the financial resources. They encourage savings by giving various types of incentives to the savers. They expand branches of the banks in rural and urban areas and mobilize savings even at far of places. These savings are then made available to the businesses which make use of them for productive purposes in the country. The banks are, therefore, not only store houses of the country’s wealth, but also provide stream of resources necessary for economic development. (2) Investment in new enterprises.Businessmen normally hesitate to invest their money in risky enterprises. The commercial banks generally provide short and medium term loans to entrepreneurs to invest in new enterprises and adopt new methods of production. The provision of timely credit increases the productive capacity of the economy. (3) Promotion of trade and industry. With the growth of commercial banking in the 19th and 20th centuries, there is vast expansion in trade and industry. The use of bank draft, cheque, bill of exchange credit cards etc has revolutionized both national and international trade. (4) Development of agriculture.The commercial banks, particularly in developing countries, are now providing credit for the development of agriculture and small scale industries in rural areas. The provision of credit to agriculture sector has greatly helped in raising agricultural productivity and income of the farmers. This has led to increased demand for industrial goods and expansion of industry. (5) Balanced development of different regions. The commercial banks play an important role in achieving balanced in different regions of the country. They help in transferring surplus capital from developed regions to the less developing regions.The traders, industrialists etc of less developed regions are able to get adequate capital for meeting their business needs. This, in turn, increases investment, trade and production in the economy. (6) Influencing economy activity. The banks can also influence the economic activity of the country through its influence on (a) availability of credit and (b) the rate of interest. If the commercial banks are able to increase the amount of money in circulation through credit creation or by lowering the rate of interest, it directly affects economic development. A low rate of interest can encourage investment.The credit creation activity can raise aggregate demand which leads to more production in the economy. Which finally increases the growth of the nation. (7) Implementation of monetary policy. The central bank of the country controls and regulates volume of credit through the active cooperation of the banking system in the country. If helps in bringing price stability and promotes economic growth within shortest possible period to time. (8) Monetization of the economy. The commercial banks by opening branches in the rural and backward areas are reducing the exchange of goods through barter.The use of money has now greatly increased the volume of production of goods. The non-monetized sector (barter economy) is now being converted into monetized sector with the help  of commercial banks. (9) Export promotion cells. In order to increase the exports of the country, the commercial banks have established export promotion cells. They provide information about general trade and economic conditions both inside and outside the country to its customers. The banks are, therefore, making positive contribution in the process of economic development.Role of banks in 21st century: The commercial banks are now not confined to local banking. They are fast changing into global banking i. e. , understanding the global customer, using latest information technology, competing in the open market with high technology system, changing from domestic banking to investment banking etc. The commercial banks are now considered the nerve centre of all economic developmen t in the country. The use of online banking is now on the increase. It has brought revolution in banking industry. CONCLUSIONCommercial banks are considered not merely as dealers in money but also the leaders in economic development. They are not only the store houses of the country’s wealth but also the reservoirs of resources necessary for economic development. They play an important role in the economic development of a country. A well-developed banking system is essential for the economic development of a country. The â€Å"Industrial Revolution† in Europe in the 19th century would not have been possible without a sound system of commercial banking. In case of developing countries like India, the commercial banks are considered to be the backbone of the economy.The Banking Sector has for centuries now formed one of the pillars of economic prosperity. Indeed history provides us with some starting information regarding how banks provided finance for imperialist ventu res in newly acquired colonies. Over time banks have formed an important part in providing an avenue for both savings and investments. Land, Labor, capital and entrepreneurs are the basic economic resources available to business. However, to make the use of these resources, a business requires finance to purchase of the land, hire labor, pay for capital goods and pay for individuals with specialized skills.The commercial banks provide capital, technical assistance and other facilities to businessmen according to their need, which leads to development in trade. Commercial banks finance the most important sector of the developing economics i. e. agriculture, short, medium and long-term loans are provided for the purchase of seeds and fertilizer, installation of tube wells, construction of warehouses, purchase of tractor and thresher etc. Commercial banks help in increasing the rate of capital formation in a country. Capital formation means increase in number of production units, techn ology, plant and machinery.They finance the projects responsible for increasing the rate of capital formation. Commercial banks help the traders of two different countries to undertake business. Letter of credit is issued by the importer’s bank to the exporters to ensure the payment. The banks also arrange foreign exchange. Commercial banks provide the facility of transferring funds from one place to another which leads to the growth of trade. The commercial banks financed the transport sector. It has reduced unemployment on one hand and increased the transport facility on the other hand. Remote areas are linked to main markets through developed transport system.These are the few ways in which the commercial banks had helped in developing the economy of a country. BIBLIOGRAPHY * Samuelson Norhaus, economics, 18th edn, Tata McGraw Hill Publishing Co. Ltd. , 2008 * Xam idea, economics, F K Publication, 2009 * Chitta Ranjan Basu, Commercial Banking in the Planned Economy of Indi a, Mittal Publications, 1991 * N. Gregory Mankiw, Principles of Economics, cengage learning, 2012 * www. preservearticles. com ——————————————– [ 2 ]. N. Gregory Mankiw, Principles of Economics, cengage learning, 2012 [ 3 ]. www. bankingsector. co. in [ 4 ].N. Gregory Mankiw, Principles of Economics, cengage learning, 2012 [ 5 ]. Xam idea, economics. [ 6 ]. N. Gregory Mankiw, Principles of Economics, cengage learning, 2012 [ 7 ]. www. preservearticles. com [ 8 ]. www. ehow. com [ 9 ]. Samuelson Norhaus, economics, 18th edn, Tata McGraw Hill Publishing Co. Ltd. , 2008 [ 10 ]. Chitta Ranjan Basu, Commercial Banking in the Planned Economy of India [ 11 ]. Samuelson Norhaus, economics, 18th edn, Tata McGraw Hill Publishing Co. Ltd. , 2008 [ 12 ]. www. ehow. com [ 13 ]. N. Gregory Mankiw, Principles of Economics, cengage learning, 2012 [ 14 ]. www. preservearticles. com