A healthy and safe home based environment Essay

It is my responsibility as a professional childminder to do everything possible to keep all children safe at all times and prevent accidents, to do so: †¢I will ensure I keep appropriate supervision of children at all times. †¢I have in place a thorough risk assessment which I enforce and revise regularly. †¢I use only equipment with children that is age appropriate and in safe working order and complies with national safety standards. †¢I keep my home clean and organised and dispose of waste appropriately. †¢I do not keep pets. †¢Medicines and other hazardous materials are locked away out of reach of children. †¢In the event of an accident, illness or emergency I will follow my policy and procedures to ensure it is dealt with in an effective way. There are different levels of supervision depending on the age, ability of the child, the task/activity they are taking part in and the environment they are doing it in, for example a toddler exploring the garden and learning to walk will need much more hands on supervision than an eight year old sitting quietly with a colouring book. The three Levels are: †¢Constant supervision means watching a child at all times, probably close by, maybe helping a baby to stand or a toddler to climb up a slide. †¢Close supervision is when you are watching the child without being involved in what they are doing, however you are ready to step in and help when necessary, maybe if a toddler is eating a snack or playing at the playground. †¢General supervision is always being aware what the child is doing and checking on them at regular intervals, maybe when an older child is doing their homework or watching TV after school. When out and about with children it is really important to follow road safety rules. Babies and toddlers are safely strapped into a buggy but older children must walk sensibly beside me while we walk along a busy road or cross over, holding hands depending on their age and understanding. When in quieter safer surrounding I expect the children to always listen to my instructions and Never go out of sight. I will always have written permission from parents  before taking them out and I will always let parents know where we plan to go. I only have toys and children’s equipment with a recognised safety symbol on them, such as the Kite Mark, the CE Mark or the Lion Mark. I check all equipment for hazards regularly to make sure they are not damaged or broken. All toys and equipment are used only with children of an appropriate age. Children are supervised at all times and are shown how to use toys safely. Current guidance on health and safety and risk assessment of the home based work setting is available from RoSPA (Royal Society for the prevention of Accidents) website at www.rospa.com where you can find a whole section on home safety including specific advice on preventing accidents among children. The Health and Safety Executive website www.hse.gov.uk contains general guidance about health and safety and risk assessment but is less specific to childcare. There is lots of support available for childminders. There are childminding networks all over the country are rich sources of information and support. If you are a member of PACEY, they will be a source of guidance and support. You could read through the Welfare requirements of EYFS or find information in your local library.

International Portfolio Diversification: World Oil Economy

The prospect of innovating new technology is not only very economical but it also serves as an operational assistance to solve the forthcoming oil crises. With the help of this new technology, by 2015, we will be capable of earning about $10 billion annually. Under the current scenario, many people have predicted that the oil crises will prevail in the future. Daniel Yergin expressing his concern said that â€Å"people seem to have forgotten that oil prices like other commodities keep fluctuating and these can go up again†. Robert Dole pointed out, â€Å"in the future security of world's oil and gas supplies will be a vital interest of the US and other Powers†. (Romm and Curtis, 1996) The consequences of the rising trade deficit on the security of our oil resources have also been underlined by Alan Greenspan; the Chairman of the Federal Reserve bureau. Department of the Energy Information Administration (EIA) states that the daily consumption of oil by 2010 will rise to 20 million barrels. The International Energy Agency debating increase in population, urbanization and industrialization commented that the world's population specifically of Asia and Latin America will increase about 50% by 2020. (Romm and Curtis, 1996) It means more villagers will move to city resulting in increase in the consumption of energy and oil and the decrease in the cultivating area as oil the fundamental unit of urbanization. An analysis done by the national laboratories of the Energy Department shows that â€Å"the per capita energy consumption of china and India’s urban population can rise to 45% in the coming years†. Consequently, their daily consumption of oil will rise up to 119 million barrels. This is twice the global oil consumption today. (Romm and Curtis, 1996) Under the worldwide economic depression the global energy demand of oil is expected to rise high. According EIA, 80% of this demand will be fulfilled by the Persian Gulf. It means that within 10-15 years the export market share of Gulf countries will increase up to 67% of its current share. Moreover, EIA predicts with this increase in the demand of oil by 2010, the oil prices will rise up to $24 a barrel; causing a 75% increase in the export market. Besides, other countries have initiated a 15% and 10% increase in their oil production and in their proven reserves respectively. Unfortunately their reserves durability has fallen to 18-17 years. Unlike these countries OPEC’s attempt to raise its production and proven reserves to 20% and 75% will raise its productivity for ninety years. On the whole is seems that the economy and security of the United State is in the hand of OPEC countries, due to its increased dependence on oil. (Romm and Curtis, 1996) In the coming decade, the US is expected to import about 60% of its oil, of which one third will be imported from Persian Gulf this will raise its trade deficit in oil to $100 billion yearly. This is a great and persistent setback to its economy. In past decades the oil import has increased vulnerability to raised oil price increase. This is always fallowed by economic recession. Hence, by 2010 the oil revenue of the Persian Gulf nations is likely to increase to $250 billion from its current price of $90 billion annually. it means that the wealth of Persian Gulf will raise to $1. 5 billion in the next decade. This scenario is of great concern as it will bring heavy weaponry, influence and mischief in the troubled region of gulf. This may Increase military and technical expertise for Russia. (Romm and Curtis, 1996) Noticeably, in the future economic recession the competitors of US will be the Asian countries with their growing consumption of oil rather than the NATO countries. Whose measures to consume limited oil are of are helpful to US in the current a future scenarios. (Romm and Curtis, 1996) Presently, â€Å"International Departments of Energy (IDE)† are trying to explore and extract oil from countries other than Gulf e. . certain reserves of oil have been explored form Soviet Union. Hence, to facilitate these stances Department of Energy (DOE) is encouraging the privatization of many oil companies; particularly, those situated in Mexico and Latin America. In fact DOE is spending $10 million annually to develop advance oil field technologies. This will be helpful to reduce the cost of finding and extracting oil. EIA believes that US import of crude oil will reach to 10 million barrels within 15 years; even after maintaining a decline in the domestic oil usage. (Romm and Curtis, 1996) To reduce oil consumptions DOE has invested ten of million of dollars in automobile sector for The development of less fuel consuming cars and trucks with internal combustion engine, electricity run cars, boifuel consuming cars, super efficient hybrid vehicle, and devices with energy storage capacity like batteries etc. it is also investing to use the wastes of crops instead of natural gas. Most experts believe that the long term replacement of oil is only the fuel cells technology. Even if oil prices decreased, DOE’s attempt to produce alternatives will be helpful in many ways. These initiatives will create jobs and will save the money otherwise invested to import foreign oil. It will help in environment protection as on using these technologies less fuel will be consumed. (Joseph J. Romm and Charles B. Curtis, 1996) David and Crucini were conducted to analysis the variability among trade and Sudden movements of oil prices. For this reason we studied the correction terms of trade and other variable. Three oil producing countries – two industrial and on non industrial- were taken as sample. And a correlation was conducted among these industrial and non industrial oil producers. The results of the study explain the changes in oil production tends to affect the industrial productivity and ultimately to the trade. If production increases trade will also increase and with the decline of production trade will also decrease. (Backus, & Crucini, 2000) This also assists in finding the â€Å"correlation between the terms of trade and output generated†. The results show that there is a positive correlation between the trade terms and the increase in productivity. Increase in trade is directly proportional to the increase in productivity; if trade increase productivity will also increase. Besides, there is a negative correlation between the terms of trade and oil price hike. Trade decreases with the increase in oil prices and increase with the increase in oil prices. (Backus, & Crucini, 2000) The mechanism explained above also affects the trade and productivity of the items produced in the country. If there is an increase in the products domestically produces and traded, there prices will decrease. But if there is a decline in the production and trade of these products, an increase in their prices will be viewed. Therefore, If the oil supply is disrupted it will reduce the productivity and trade ability of an industrialized country. It is due to the fact that most of non oil producer industrialized countries import oil for use in their industries. So if there is a shortage of oil it will cause decrease in the products produced by the industry. In other words one can say that the oil prices are inversely related to the trade and productivity of a country. Therefore if there is an increase in the prices of oil it will badly affect the economy thus causing economic recession. (Backus & Crucini, 2000) The behavior of international oil prices in the postwar economy can be understood through the economic recession of 1970's and 1980's. When countries have to experience sudden increase and decrease in the oil prices. Moreover, between 1973-1986 oil prices underwent a noticeable changes in different directions: output vitality increased in UK, US Italy and France. However a noticeable decrease in the output was observed in Germany and Japan. Similarly an increase in the consumption of oil was perceived in Italy, Japan, United Kingdom and United States while declined in consumption of oil was by Germany and Japan.. Notwithstanding, this increase in the trade of five countries, the correlation of the exports was negative. The results showed that the trade prices are short lived and synchronized by the changes in the relative oil prices. (Backus & Crucini, 2000) the non-oil producer countries have large share of fuel in trade for example the Japan’s share in the fuel trade market was 22. 2%. However after first economic recession and oil price shock in the mid 1970's a change in fuel share was viewed: France, Germany, Italy and Japan all faced double deficit in their fuel trade. The cause of some of this reversal of trade deficit was the either collapse of oil prices in mid-1980's or energy conservation. However positive changes were viewed in the fuel share of Australia and Canada while US emerged as a net exporter of fuel through North Sea oil production. On the whole it was proved that oil prices have a cyclical influence upon the terms of trade. Backus & Crucini, 2000) Moreover term of trade of the smaller countries is more volatile as compared larger countries. Sudden increase in the prices of oil reduces the productivity and trade, simultaneously. On the whole this study suggests that there is an unstable relationship between relative price and quantities. Especially when increase in oil prices act differently over time. Hence the terms of, output, and the trade ba lance can be maintained and kept stagnant by controlling the source of oil price shocks. (Backus & Crucini, 2000) A crude oil reservoir contains crude oil extracted using primary, secondary, improved, enhanced, or tertiary method. Created liquids and those extracted from mined deposit are not crude oil. There is no doubt that crude oil reservoirs are in vast quantity yet the fact remains that they are finite. In fact most of these reservoirs are almost fully explored or are being explored. Petroleum production has been culminated with the increase in the demand. Currently demand for the crude oil in the developing countries like China, India, South America has risen up to 2%. (Wood et al, 2000) These countries face increase in the growth of crude oil demand due to increased consumer demand. Crude oil is mostly consumed for transportation and in internal combustion engines. Neither developing country other than China and India demanded high crude oil either due to political or economic reasons. However many economists and industry professionals predicted that over past two decades world crude oil production will increase with increasing frequency. And this increase will cause noticeable impacts on the world oil prices, lifestyle of people, US economy etc. Wood et al, 2000) In April 200, the United States Geological Survey (USGS) marketed the results of their most detailed and modern study. This 5year study was conducted by the geoscientists to compute and analyze the resources of crude oil and natural gas in the world. Basically this study was conducted by USGS â€Å"to provide impartial, scientifically based, societal relevant petroleum resource information essential to th e economic and strategic security of the United States. † The results of this study were used by EIA to analyze world oil supply in the long run. Hence, we can say that the EIA's analysis is based on historical and geographically derived facts rather than mere assumptions and estimations. (Wood et al, 2000) if the resource base is large it will reach peak of its production at a later stage as compared to a smaller one. Moreover, if following the USGS analysis crude oil continue to produce at 2% Growth rate than and if the production starts declining than till 2037 the production of the world’s crude oil will raise up to 53. 2 billion barrel annually. However, depending upon the demand it is also likely that by 2112 and 2021 the production of the crude oil may rise to 24. 6 and 48. 5 billion barrel (Wood, Long, Morehouse, 2000) the growing demand of the crude oil can only be reduced trough the invention of new technology e. g. hybrid powered automobiles and substitution of the source of energy e. g. Hydrogen- fed cell. The increase in unconventional sources of production (tar sands and very heavy oil) also depends upon the rate of technological advancement. This type of production is very economic and successfully working in Canada. However from this study we estimate that oil will peak in the middle of 21st century which means new energy doesn’t have the large time required to penetrate the market. Therefore these results does not justify both the supply and demand of the research (Woo et al, 2000) Since World War II about US recessions were fallowed by sudden increase in oil prices. Although, it doesn’t make any difference, in analyzing the outcome of oil price shock, economic decisions are more concerned with real oil prices rather than nominal oil prices. However most of the oil shocks are based upon the nominal prices as their magnitude is larger than the overall. Initially the nominal prices stay stagnant and change over time. The difference and nominal is that the former are the outcome of the change in internal economic inflation and have external statistical representation. There form many researchers use nominal oil prices as an explanatory variable to explain oil price economy. (Hamilton, 2005) In an economy dollar have a fairly small share i. e. in 2000 US consumed about 7. billion barrels of oil purchased at a price of $30 a barrel. This shows that dollar share is 2. 2% of the $9. 8 trillion GDP of US. However the nominal GDP of US has risen to 3. 8% in the past few years, after the production and supply disruptions caused by five oil price shocks and economic recessions. (Hamilton, 2005) The decrease in the quantity of oil supplied is actually synchronized by the sudden increase in the fuel prices. The oil shocks contributio n of economic downturns should be attributed with changes caused by other factors and capitalization rate. Theoretically, Increase oil prices will cause a decrease in capital and labor allocation. However, in reality an oil price cause increase in the output (allocating of labor and capital). (Hamilton, 2005) The economic regression of 1949-80 predicted a slow GDP growth of about 2. 9% annually after an oil price hike of 10%. However, 1949-2005 regression predicted only 0. 7% slow GDP growth. This is resulted through the use of less fuel efficient cars. Noticeably net oil prices have shown an increase in the crude oil prices to about 20%. In 2004 oil prices showed an 18% increase while world production showed an increase of 21%. Similarly 2005 viewed 0. 2% increase in production and 21% increase in oil prices. These figures show that increased demand of oil contributed to the Increase of oil prices during the last years. (Hamilton, 2005) The recession from the oil prices increase suggests that there is some kind of relation between oil prices and productivity. The oil price shock is governed by factor share argument and affects the economy through the disruption caused by consumer and firm’s investment on other goods. Oil prices also affect the inflation rate governed by monetary policy on long term basis. (Hamilton, 2005) Today, we are so heavily dependent on oil that 90% of our transport, 95% of all good and food products requires oil. In short, today the world is consuming 80 million oil daily and 29 billion barrels of oil yearly. Unfortunately these figures of oil consumption are rapidly rising. According to the US government assumption by 2025 this demand of oil will increase to about 120 million barrel daily and 43 billion barrels yearly. (Leggett, 2006) America only consumes quarter of global current demand for oil. This is due to the decrease in domestic oil production and increase in demand during last 35 years. These figures show that America’s share of oil import will increase over time. Today, of the 20 million barrels consumed by America about 15 million are imported from the Middle East. The US can cut its import of 5 million barrel by increasing the fuel consumption capacity to miles per gallon of its automobile but instead it has allowed General Motors to build automobiles. Similarly, the US has increased the Share of Spots Utility vehicles to 24 % by 24%. (Jones et al, 2004) Consequently due to these lavish expenditure US vehicles fuel consumption ability reduce to 2. 44 mile per gallon in 2001 as compared to other countries whose cars have the capacity of moving 60 miles per gallon. (Jeremy Leggett, 2006)On the whole the fact remains that oil is finite thing. Different people have different views in this regard some think that only about 2 trillion barrels of oil is left to be used and discovered while other think that this amount is at most 1 trillion. The former suggests that oil production will expectedly end till 2030 which means there is enough time to go for alternatives. They also believe that 1. Saudi Arabia have achieved its peak of pumping and couldn’t serve as an alternative during recession 2. the giant oil field have all been exploited and none is left behind however in later case it seems the recession time will come soon and there is less time to innovate is a factor with help of which oil price shock can change macroeconomics. Reallocation of labor after the recession period is really helpful to reduce the effects of oil price shocks. Under a long lasting oil price rice reduces the energy usage, capital and labor supply which causes a reduction in the investment sector and capital stock market decline as well. Janis suggested that under increased oil prices wages are â€Å"potentially significant† even with low oil price and productivity. (Jones et al, 2004) Therefore, it seems that reallocation of capital and revision of investment plans is necessary to oil price shock effects on the macroeconomics. Oil price shock has a double effect on the destruction and creation of jobs in all sectors. In the case of positive oil price shocks sector responds ten times positively than in the negative shock situations. Increase in petroleum products cause an increase in the wages of skilled workers but 3%- 4% decrease in real wages of workers. In other wards one can say that oil price increases have a negative impact in the short run but in long run it has a positive. With the increase in oil prices unemployment also. (Jones et al, 2004) Interest rates have strongly asymmetric response towards positive and negative oil price shock in short run and a moderately asymmetric response to long run. It means that the oil price works primarily through GDP mechanism and affect the interest rates with its fluctuating prices. Hence, if the prices of petroleum increase the crude oil prices will also increases but if the prices petroleum decreases the price of the crude oil will also decrease. Jones, Leiby, and Paik suggested that â€Å"In case of crude oil relation with GDP asymmetry is the speed of response to the price in price GDP case asymmetry is the magnitude of the price hike†. Some experts say that the oil price of the 1970s was the real cause of the economic recession. Both energy prices other words it can also be said that the oil price shocks primarily through employment, GDP and interest rate. (Jones et al, 2004) There is a little doubt about the impact of the monetary policy’s response to the hike in the oil price. However, DOE did reached a conclusion that during 197-1990 episodes of recession that some of the GDP reduction was caused by a deficiency in the monetary policy and was outcome of oil price hike. This means that an alternative monetary policy could have averted recession of 1970s. One can say that during economic recessions oil prices indirectly act on the GDP through the monetary policy. The prices shock in the OPEC is actually the result of depressed growth but due to the increased demand of the oil. (Jones et al, 2004) After 1980s recession OPEC its ability to keep the prices of oil stable this type of change may be cause due to Oil prices never affected GDP. It was viewed to be so due to the lack of lengthy data to be studied. Since the World War II the pricing of world oil market was not as linear and simple as was observed. So when the flexibility in observing thing emerged the observers began to understand the price signal. (Jones et al, 2004) The changes in the stock market, which are caused by increase in economic activity is crucial for economic activity. Both present and future impacts of oil prices on the stock price are notice worthy and helpful to determine the future scenarios. The relationship between the stock market and the oil prices is reflected through the effects of stock market on cash flows. In other wards the cash flow of oil prices have a positive or negative impact on the stock market. 0% of the oil price shocks are responsible for the ups and downs in the business circle while only 16% is responsible for the fluctuations in the U. S. (Jones et al, 2004) The above discussion proves that during an economic recession GDP-oil relationship is mostly observed. This relationship can not be either avoided by the alternative monetary. Mover over after World War II the oil prices have been p roved to be non reliable and constantly fluctuating factors. Empirical research also shows that reallocation of 11% manufacturing labor occur after oil price hike. Hence, it seems that from a macroeconomic perspective all the price movements are different. It is necessary to develop policies helpful to deal with the oil price shocks. (Jones et al, 2004) To forecast oil supply a low cost approach can be helpful. It will help to determine the nature of the bias and recurring errors. This type of approach is necessary to explain the difficulties involved in making petroleum supply forecasting at a macroeconomic level. (Lynch, 2002) Forecasting of oil prices is in practice since late 1970s e. g. Lynch predicted that the by 2000 Gulf’s boom in oil production will decline to $13-18. per barrel. But this forecast was base upon the economic recession of 1970. Despite being shifting from the hands of one company to the other, oil prices have remained constant to $14 per barrel throughout its history. But this stability of the prices changed in 1970s, when it had to face price hikes due to disruptions caused by supply and demand. (Lynch, 2002) The OPEC decision to introduce a long term price raisin path supported the expectations of having a 2-4% price growth. This step was so mush supported that for many years’ people demanded these types of initiations. For a long time there is form cast that oil prices will remain flat. However, it seems that the price hike of 2000 will alter it. Since 1980s the researches related to oil production and supply has become pessimistic which a common approach before 1979; when most of the studies focused upon scarcity of recourse, and need for new discoveries outside the Middle East. The production of world crude oil has changed over time. In a study conducted for non-OPEC forecasts that that most of the errors and bias faces were same leading to the peak in production. Lynch, 2002) The development of a new technology for the extraction of oil does have many positive consequences, who really demand appreciation. Today with the help of technology many discovered but unutilized oil reserves have been drilled and are being marketed. For instance, oil reserves of North Sea were abandon due lack of heavy expenses in 1970s. Today these reserves have been discovered with the help of technology at a very low c ost. According to a study 1998 with the use of modern technology the oil reserves of US rose to about 24000 tones. This means that with the help of modern technology US underwent a remarkably 16% increase in its reserve. (Lynch, 2002) Notwithstanding this increase it is also true that these reserves are finite and will tend to decrease over time. Lynch conducted a study in this field and found that the production oil reserve will undergo a 10-20% decrease annually since its drilling and extracting starts. Even between Gulf countries the productivity level is different and depends upon the location. For instance, Drilling in Saudi Arabia will bring more revenues as compared to drilling in Oman. However, it is also a fact that most of the countries try to hide the actual situation and capacity of their oil reserves e. g. according to the report of Canadian oil experts the oil reserves of Canada remained same during 1999 and 2000. (Lynch, 2002) Many countries are reluctant to import oil in heavy quantity due to heavy tax rates. As most of the oil producing countries demand high taxes on the export of their products. In such cases producing countries raise the prices which then seriously affect the global economy. However, since the formation of OPEC oil prices are continuously regulated and controlled. (Lynch, 2002) The world oil production is regulated under Saudi Arabia and OPEC members since 1970s. After the oil shocks of 173 the new sources of oil supply have been discovered: Mexico, North Sea, China, Alaska, etc. Besides, Russia is the third largest producer and the second largest exporter of oil. Today, OPEC has a 40% share of the world oil supply which is sufficient to exert power in marinating and fluctuating world oil prices. The oil usage of US has been decreased since1980s economic recession. In 2000, after sudden 16% increase of oil prices US oil production declined to 12% As a result of these different trends in consumption. This means now the US more rely on imports than before. However, the US exports the domestically produced oil at the globally set prices. After the terrorist attacks in US oil prices were reduces bringing great setbacks to the world economy. This happened because of the ban imposed on air travel. (Perry, 2001) The Middle East does not seem to be affected by terrorists, yet its geographical locality and vulnerability to the terrorists can not be ignored. Currently both increase and decrease in the oil prices is viewed. (Perry, 2001) The recent oil forecasts claim that next economic recession will be caused by terrorist attacks and the prospect of authorizing limited airlines theses acts are likely to reduce the world oil demand which will ultimately lead to global recession. The OPEC could avoid this recession by introducing production and. Saudi Arabia has initiated by applying a production and price cut to its oil reserves: its oil price has reduced to $4 a barrel in October 2001 immediately after terrorist attack on the US. The oil prices decline of 1980s and 1990s will be very much helpful in the current situation: by assisting airline industry, slowing down the inflation rates, and will assist inpursuing expansionary monetary policy. (Perry, 2001) The two recessions fallowed by the world war were greatly associated with the disruptions in the oil: †¢ During the Arab-Israel war of 1974. Arab countries announces major cut in the production on oil and prohibited shipments to the supporters of Israel. The OPEC raised the crude oil price to $12 from $3. The 1975 economic recession faced both higher oil prices and depressed the oil demand. It was the time when OPEC had to cut production to maintain high oil prices. But this prospect negatively as with the fear of shortage of supplies certain precautions were adopted. (Perry, 2001) It was the time when US felt need and created the strategic petroleum reserve similar to those established in industrial countries. In addition, also applied buying constrain ts on consumer and imposed moderate price control measures on the domestic oil producers and refiners. (Perry, 2001) After the recessions of 1974-75 and the Iran-Iraq war of 1980 the high the OPEC prices shocked the world. OPEC raised its price to $30 a barrel exceeding to $35 a barrel. The imposition of greatly high taxes on petroleum products caused high inflation. Ultimately, it will increase the already rocketing food prices. This was the time when more intense monetary policy was in demand. During the 1979-1980 recession, the increase in production was needed to stabilize the market. Saudi Arabia was the first to raise it production up to 8. 6 million barrels a day in 1979 to 10. million barrel in 1980 and 1981. In 1983 and 1985 Saudi again acted and applied a production cut to 5. 0 million barrel and 3. 6 million barrel respectively. Though this worked but during the Arab war OPEC proves its ability to stabilize prizes by raising production to 5. 5 million per barrel, of which Saudi share was 3. 1 million. (Perry, 2001) Today, most of the economic forecasts suggest that the terrorist attacks if not controlled will lead to another economic recession. As terror is attacks will affect and reduce consumer and business spending. Today the major problem is not the rocketing oil prices but the security of oil reserves. Most of which are will the politically troubled and unstable region of the OAPEC and the OPEC. Today, the most important fear of all oil consuming country is to save the oil reserves from going in the hands of extremists. As bin Ladin has claimed to charge $144 a barrel after conquering the reserves of oil. (Perry, 2001) In the case of reducing the oil supply it will badly affect the economy of the US and the world. The good thing is that if new oil crises arise it will result in the demand for the reduction in foreign oil production. Notwithstanding, reality will never change that it is impossible to reduce dependence on foreign oil products. Today, the 40% of the US energy demand is fulfilled by the petroleum. The domestic oil reserves of the US have already diminished therefore it will definitely have to import foreign oil to fulfill its needs. Under the today’s scenario, the US consumption of oil will only partially change that also bringing a decline to its industrial economies. (Perry, 2001) The oil price crises emanates from the higher prices produced from the Middle East even if it is not involved in it. The individual nation producer cannot set their own prices they do have to fallow the prices set by the international market. Otherwise, the world will face great inefficiencies and it would become to fulfill the worldly oil need. Economy will be greatly exposed to the effects of the reduced oil. (Perry, 2001) Economizing oil prices are more helpful in the long run to changing capital stock and usage of less energy but in the short run there are scarcely efficient methods to reduce the effect of high prices it is for this reason that the demand of oil in the short run is more elastic. This means that 1% cut in the short run will cause 20% of the increase in prices. The magnitude of the impacts oil price rise in the short run depends upon the monetary policies and inflation. This shows that high prices will lead to high inflation and this will greatly affect the economy as the price of oil supply will be transferred to oil producers rather than oil suppliers. However, it is also clear that these years economy has seen less inflation as compared to the past. (Perry, 2001)

Hsa 535 Week 8 Assignment 4

Clinical Epidemiology And Decision Making March 2, 2013 Class HSA/ 535 Week 8 Assignment 4 Submission Assignment 4: Clinical Epidemiology and Decision Making Case Study Due Week 8 and worth 150 points The Pew Center on Global Climate Change reported in September 2011 that the number of flood damages in the Northeast continues to rise. In Wilkes-Barre, PA, 75,000 people were evacuated as the Susquehanna River crested at a record of 42. 7 feet. An estimated 5,400 homes and business suffered some sort of flood damage during that event, and 124 sewage treatment plants were affected by the flood, with 14 of them spilling raw sewage into waterways.Reports indicate that mold infestation, which can cause adverse health effects, is now a major concern among residents in Pennsylvania and New York. One organization, the Pennsylvania Department of Environmental Protection, will be preparing a report for citizens in the affected areas on this issue. Write a four to eight (4-8) page paper in which you: 1. Formulate a plan on how you would use clinical epidemiology to guide your opinions and actions on dealing with this issue. With Clinical Epidemiology this refers to the use of evidence which is derived from observational and experimental studies.Because of human illness or risk factors Clinical Epidemiology primary purpose is to resolve illness and prevent risks involved. There is much evidence to clinical practices. When it comes to the prevention of mold it is because of experience from certain events that occurred like floods for example. As the number of floods increase this topic will grow. This will be a big issue in the northeast and there will be an interested in ways to prevent mold growth in homes. When it comes to mold it needs the right temperatures and moisture to grow.Mold is commonly found in dark and damp place, where the air and sun cannot generate drying power. In many homes mold is capable of growing in crawling spaces, basements, wall cavities, mechanica l systems and even showers. Most molds do not often cause disease in healthy people. However mold can cause risk to those with weak immune systems. These patients can be the young, elderly, AIDS patients, cancer patients, even diabetes patients. Mold relate illness can take three forms. The first is infection of the host and the growth of a person which grown with someone who is immune system is impaired.Second mold can cause allergic reaction if inhaled or ingested. Then finally it can cause serious illness if not prevented or treated. It can eventually cause illness such as cancer, and asthma. 2. Propose three (3) types of molds that could develop from flood damage and the associated health risks with each type of mold. Three types of mold that can develop after a flood is Memnonielle, Stachybotrys, and Alternaria. Memnonielle is one of the most common type of mold found in homes. This mold can grow on paper, cotton and wood products.Memnoniella can develop toxins which are harmfu l to animals and humans. Stachybotrys is a slimy, blackish which is referred to as toxic black mold. Like Mennoniella it can produce toxins and be harmful to your health. Stachybotrys is found in the back of walls and ceilings. This type of mold can cause cancer, asthma and headaches. Alternaria is another common mold found in home. This is an allergic mold. It can also be found on soils and plants. If you inhale this type of mold it can cause you to have asthmatic reactions, hay fever and various allergies.Some of the health risks involved is respiratory problems such as wheezing and asthma attacks. Nasal and sinus congestion or dry hacking cough is a sign of mold. Another issue is eye irritation such as burning, watery or redness. There can also be nose of throat irritation such as sneezing or bloody noses. Some skin irritation can cause such as hives or rashes. And another problem that can result from mold is nervous system problems such as headaches, memory loss, mood changes an d aches and pains. The most toxic of mold is Stachybotrys atra which resembles a black slimy tar. 3.Outline a plan to communicate key information to health practitioners who will most likely treat the symptoms of mold. Include a timeline when this outbreak can be expected. When it comes to mold, assessing a cleanup procedure requires individuals to wear respirators that are more protective than just plan dust masks. Some other prevention methods are to fix any flood problems and to clean up any damp areas. Preventing seepage of water is important in preventing mold growth. Mold can grow 24 to 48 hours after exposure to water so it is important that you clean up right away if a flood occurs.Making sure you have the right equipment is important . Cleanup materials is important such as disinfected products. And protection from exposure is another important tool to keep in mind 4. Compare three (3) methods that could be used to decrease mold or exposure to mold. Include the advantages a nd disadvantages of each method. Some methods that could decrease mold exposure is to make sure you keep that area clean. Making sure fabric in the home are clean and dry. Also store clean fabric in ventilated areas. Making sure air ducts are cleaned and if there is mold in there it’s important to it clean up.Keeping the area in the home dry is important, reducing moisture in the air by using fans, dehumidifiers, opening windows and even using air conditioners is important. Keeping your home below 40% humidity is important in the prevention of mold growth. In moisture prone areas it’s important to use manmade fibers. Another way to prevent mold is to make sure you disinfect it. Checking potentially problems areas such as bathroom, laundry and mechanical rooms for mold. Using bleach will disinfect moldy areas. Material that you would need is a mask, gloves which should be latex or rubber.Buckets a scrub brush, broom or mop, disinfected chlorine bleach, trash bags, wet d ry shop vacuum, and non-ammonia detergent soap cleaner. 5. Formulate three (3) talking points the Pennsylvania Department of Environmental Protection can use when addressing the concerns of the community on health risks associated with mold and what preventative measures can be taken avoid contracting this infection. Some talking points that can be used in addressing the concerns of health risk associate with mold be first to educate others about what to look for.Recognizing mold like the sight of mold which can be found on walls and ceilings. There can also be a smell that comes along with mold. It can be a bad odor such as a musty earth smell or foul stench. Another topic could be about safety and preventing mold growth. Making sure the people of the community realize that cleaning up and drying out building areas is important. Opening your doors and windows can help the prevention. Making sure you use fans to dry out the building areas is important. Using disinfected bleach is an other great tool o use when cleaning up mold. Keeping your children and pets away from affected areas until it is cleaned is important to keep in mind. Thoroughly clean hard surfaces such as flooring, concrete, wood, furniture, countertops and appliances. Remove items such as mattresses, carpeting, rugs, pillows and upholstered furniture. These types of items can’t be cleaned and will be dangerous for family members. 6. Suggest the type of study you would use to evaluate the long-term effects of mold exposure and the reasoning behind your selection.The type of study that I would evaluate for long term exposure would be respiratory problems and infectious diseases. Those who have breathing problems are at higher risk. And those who are vulnerable that already have severe disease such as Cancer or AIDS should also be studied. 7. Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources. 1. Flemin g, S. T. (2008). Managerial epidemiology: Concepts and cases (2nd ed. ). Chicago: Health Administration Press. 2. Segelken, R. (2007). After the Flood, Housing Experts Broke the Mold.Human Ecology, 35(1), 16-17. 3. FLOOD DAMAGE AND MOLD AFTER KATRINA. (2006). Environment, 48(9), 5. 4. Chew, G. L. , Wilson, J. , Rabito, F. A. , Grimsley, F. , Iqbal, S. , Reponen, T. , & †¦ Morley, R. L. (2006). Mold and Endotoxin Levels in the Aftermath of Hurricane Katrina: A Pilot Project of Homes in New Orleans Undergoing Renovation. Environmental Health Perspectives, 114(12), 1883-1889. doi:10. 1289/ehp. 9258 5. Pesce, M. (2004). KEEPING THE CREEPING LIABILITY AT BAY: THE PREVENTION AND MITIGATION OF INDOOR MOLD GROWTH. Journal Of Housing & Community Development, 61(6), 26-32.

The Role of Class in British Cinema Essay Example | Topics and Well Written Essays - 2500 words

The Role of Class in British Cinema - Essay Example George VI was the king and he never wanted to become one. After the death of his father, his brother Edward was to take the throne but he refused to take it in order to marry the woman he loved, and thus, the duty was given to Prince Albert who since early ages, he had struggled with his speech. Albert has been the favourite of his father, but he mourns the introduction of the newspapers and radio, which necessitate a monarch to be heard and seen on public occasions. To avoid public humiliation, his wife Elizabeth seeks help from several speech therapists but nothing works. At last, a speech therapist from Australia Lionel Miguelbecomes of great assistance to Prince Albert in delivering the King’s speech(Ebert 2011, p320; Conradi and Logue 2011, p201). The paper will discuss the role of class in British cinema with special emphasis on the film The King’s Speech. Royal Politics and Its Aesthetic Value in British Cinema Film theory as it is known today came into existence in the late 1960s and since then, they have been controlled by psychoanalytic ideas. After the First World War, it was easier to identify two specific groups in film criticism. The first group was composed of the Sergei Eisenstein figure, whose theoretical essays and filmmaking in the 1920s established the beginning of the role of cinema as an aesthetic one. Based on the idea of Eisenstein, the aesthetic value of the film depended on its capability to change reality and this took the form of montage in his films. The second group was composed of the surrealists and impressionists. They were of the notion that the main role of the cinema was aesthetic; however, they were of the idea that the camera was sufficient to render general objects sublime. They emphasized on cinema as the visual medium which indicated that they considered narrative in most cases as a hindrance that had to be overcome (Murphy 2005). From 1934, British cinemas witnessed an increase in attendance among the peop le. Apart from being a source of entertainment, they assumed the crucial role in communication and social contact. British films of those times expressed the image of Britain as a very stable hierarchy at home, a just colonial government overseas and it represented the patriotic images of the armed forces and the monarchy. In general, the entire population of Britain looked happy with the films that were offered in the 1930s and those films assisted in the maintenance of the status quo and consensus. An important demographic feature of Britain in the 1930 was the steady ascendancy of the middle class. A number of films were based on this status quo (Redner 2010, p138). The Kings Speech setting is in the 1930s and represents what films at those times attempted to represent, that is, the role of class in the British Cinema. Universal agreement on a clear concept of class in cinema is elusive due to the various socioeconomic and political interactions that cinema, as an important media channel makes with the society. However, the transposition of the various usages of class in other disciplines onto cinema studies enables the generation of ideas with respect to cinema class. Using the Eisenstein theoretical postulates, cinema presents the audience with a chance to view of reality artistically coined to achieve the intended aesthetic value (Murphy 2005). Thematic

'An awareness of the impact of (national) culture on people in work Essay - 1

'An awareness of the impact of (national) culture on people in work organisations' is important in today's world - Essay Example Despite this, there are theories that argue that cultural diversity has a tendency of contributing to lack of performance in the working environment (D’Almeida, 2007). According to Quappe and Cantatore (2007), Cultural awareness is defined as the foundation of communication and the ability of people to become aware of their cultural values, perceptions and beliefs. This answers the questions that people often have in the mind regarding why things are done in a certain way, how people perceive the world, and why they react the way they do. Cultural awareness becomes an important object when one has to interact with people from other cultures who see things differently, have different opinions, and ways of evaluating things. What is often more appropriate in ones culture could be different and inappropriate in the other’s culture, and this provides an opportunity for conflicts in the work place. With this view, it is therefore important to create awareness and have knowle dge on the impact of cultural diversity amongst work mates. Many researchers have been dwelling around the issue of cultural diversity in organizations and other work places and in the process, many theories have been put in place, the purpose of these researches is to ascertain the importance of having awareness of the impact of multiculturalism in organizations. D’Almeida (2007) found out that the integration of cultural diverse groups has been involved in many parts of team dynamics in organizations with different types of customers, this has increased misunderstandings, resulting in negative effects on the side of production, job togetherness, and the quality of service has been greatly affected. In order to address the issue of negative effects of cultural diversity in organizations, there are varieties of measures that organizations should undertake. One of them is leadership approaches and trainings, which should be good enough to address the issues faced with regard t o cultural diversity. Many issues have to be overcome so that individuals can reach the objective of increasing motivation and targeted productivity levels. Amongst the awareness created is knowledge on individuals’ identities, perceptions on various things, variations in geographical setup, together with the internal and external environments. Beck and Rubaii- Berret, who are cited in D’ Almeida (2007) point out that individuals in the work place must understand and observe morals towards other people in workplace; doing this brings about motivation and effectiveness to the workers and they can therefore reach the targeted production level in the organization. Cultural awareness is very crucial for multicultural groups to maximize their business potential. It helps members of a multicultural group to identify wrong doings and best ways of solving conflicts. This can be effected through training, and by also identifying the most crucial regions that need attention and formal cross cultural awareness. There are various ways in which cultural differences can manifest from within a group of closely related people, and in this case, the workmates. According to, Kwintessential (n.d) creating real cross cultural harmony is accomplished through appropriately designed cultural awareness training. Ways of Creating Cultural Awareness 1. Treating colleagues as individuals To effectively deal with the issue of diverse cultures, people have

Research paper 4 Essay Example | Topics and Well Written Essays - 500 words

Research paper 4 - Essay Example Initially, it was planned to look through the sources, which are related to the study of research methods in criminology. Having found the necessary resources, it is important to look through the information, which they contain. The initial plan predetermined the division of the paper into four main sections: the preliminary design of the research, a statement of the data collection methods, the methods of case analysis and the general plan. Writing of these sections required the special knowledge of criminology, which were achieved with the help of the appropriate sources. The next step was the division of these sections into several separate points, which stated one general thought. The hypothesis of the initial plan was that it would look in the following way: Causality and validity formation. This section has brought the significant changes into the initial plan, as it was reconsidered from practical point of view. Some points, included in the plan were quite large and distracted the attention of the reader from the basic topic. Due to this fact, such issues as stating the examples of the research process, the description of problem formulation and ethical standards during the case investigation were omitted from the text. This caused the significant reduction of the paper volume and helped to maintain its most important parts in the center of attention. Concluding this article, it is necessary to highlight that the preliminary planning of the scientific paper is a long and taking-time process. The structural analysis must always be supported by the literary sources, which makes the work more objective. My proposal research paper was written in accordance with the points of the draft plan, which helped me to take a general view on the whole work process and see if it would be effective or not. The preparation work plays an important role in the representation of the project, as it makes it structurally and

Cognitive therapy Essay Example | Topics and Well Written Essays - 1250 words

Cognitive therapy - Essay Example For instance, a depressed client hearing "please stop talking in class" might think "everything I do is wrong; there is no point in even trying". The same client might hear "you've received top marks on your essay" and think "that was a fluke; I won't ever get a mark like that again", or he might hear "you've really improved over the last term" and think "I was really abysmal at the start of term". Any of these thoughts could lead to feelings of hopelessness or reduced self esteem, maintaining or worsening the individual's depression. Usually cognitive therapeutic work is informed by an awareness of the role of the client's behaviour as well (thus the term 'cognitive behavioural therapy', or CBT). The task of cognitive therapy or CBT is partly to understand how the three components of emotions, behaviours and thoughts interrelate, and how they may be influenced by external stimuli -- including events which may have occurred early in the client's life. (http://counsellingresource.com/types/cognitive-therapy) Therefore, in order for me (as a behavioural therapist) to help the child, I should, first of all, know what experience/s or specific event has caused the child to develop this reaction to mealtimes and eating. It would take a lot of effort on the therapist's side, but it is still the client's prerogative to share his/her reason. In some cases, the client is not comfortable talking about their phobia, so it will also be helpful to have someone (especially an immediate relative) with them during the initial interview or interrogation. It is important to know whether the client is comfortable with the whole process of the therapy, since he/she will play a major part in order for the therapy to be successful. Besides, it is the client's behaviour that really matters; all we can do as therapists is to help them overcome the anxiety, depression, indifference, etc. or sometimes, help them to distinguish whether their beliefs are in tune with reality. In addition, still according from Dr. Mulhauser, clients who are comfortable with introspection, who readily adopt the scientific method for exploring their own psychology, and who place credence in the basic theoretical approach of cognitive therapy, may find this approach a good match. Clients who are less comfortable with any of these, or whose distress is of a more general interpersonal nature -- such that it cannot easily be framed in terms of interplay between thoughts, emotions and behaviours within a given environment -- may be less well served by cognitive therapy. Cognitive and cognitive-behavioural therapies have often proved especially helpful to clients suffering from depression, anxiety, panic and obsessive-compulsive disorder. CBT works by addressing the way the client thinks and behaves in response to similar situations and by developing more flexible ways to think and respond, including reducing the avoidance of activities. If, as a result, the client escapes the negative thought patterns and dysfunctio nal behaviors, the feelings of depression may, over time, be relieved. The client may then become more active, succeed and respond more adaptively more often, and further reduce or cope with his negative feelings. It is also important to establish the "we-will-work-on-this" relationship between the therapist and the child. Assuring the client that this therapy is not a one-way thing and that

Family Ties Essay Example | Topics and Well Written Essays - 250 words

Family Ties - Essay Example We all know how important family ties are for people and how needful it is, to have someone close enough to support and understand you in any situation. Either parent in childhood or a spouse in the adult life is those who would never leave or betray. To my thinking, marriage ties are the strong connection between people similar to the connection existing between parents and children. As one begins his/her life journey and starts living separately from parents, a wife or a husband may become the most precious soul mate to accompany and help throughout one's life. People do not bear soul mates, they become soul mates, and it is the great happiness, to find such a soul mate. To me, my wife is the person I can always rely on, the person I can fully trust. And marriage is not a mere word for us. We are used to supporting and complementing each other, and living apart would be very hard and unhappy for both of us, especially living in different countries. I would like to be near her both in happy and sad moments and help her overcome all the hardships. This is what I promised to do when I married her. People say that when people love their souls come in touch with each other until they become a single whole. I am sure a husband and a wife have one soul for two, and tearing his soul apart would be very painful for both. Living alone without my wife here will be extremely hard for me: I am a man, and I want to be a tower of strength for the woman who is the dearest person to me.

Marketing Theory Term Paper Example | Topics and Well Written Essays - 2000 words

Marketing Theory - Term Paper Example Keeping in mind the concept of marketing theories and techniques, the establishment and operation of a new business venture would be discussed. The new business venture selected for this study is a book store. 1.2 Business Idea: Book Store The new business idea that has been considered for this study is a book store that would be set in California. The name of the book store would be â€Å"Book Worm†. However, setting up a business requires following the marketing theories and utilizing the strategies. In this section of the study, specification related to the new venture has been stated. 1.2.1 Mission and Objectives Book Worm’s mission is to offer quality books at the lowest possible price to the customers in California. The company would additionally allow customers to exchange old books and projects or assignments for their requirement (books, CDs and magazines). In order to attain this mission of the company, the objective of Book Worm would be: To offer hassle free purchase of new as well as second hand books, assignments and magazines at an affordable cost. To offer the students every university books and reading materials those are important to them at least possible price To offer online shopping experience to the customers along with the store To offer home delivery of products ordered within a specific area To attend break even in business within an year of commencing business To generate positive revenue at least after 4-6 months of inception To gain considerable amount of goodwill in comparison to the other competitors in the market (Ahmed 30-43). 1.2.2 Products and Services Book Worm will offer products as well as services. The products will range from text books (new as well as second-hand) for purchase, class notes, text books, audio book CDs on rent, etc. The text books available would include fiction and non-fiction books, subjects like business, physics, accounting, management, marketing, engineering and many more would be availa ble. These products would be available through the store of Book Worm. However, services like information regarding textbooks or class notes for rent or sale, web links for assignments, or solved assignments would be available for sale on the website of Book Worm. Book Worm would be offering a wholesome academic assistance to the students (Barkema and Vermeulen 7-26). 1.2.3 Suppliers Suppliers have a major role to play in the marketing environment because they are one of the integral players in the supply chain. Book Worm would be selecting the book wholesalers in California to avail the books for the customers. The second hand books or old class notes and assignment can be procured from the students, so they will play the role of suppliers in this case. However, as the business grows in terms of size and revenue, Book Worm can also directly procure books from the publishers and their stockists (Belin and Pham 44-50). II: MARKET ANALYSIS This section of the study plays a major role in the discussion of marketing theory because

Case study -- managing the performance of individuals

-- managing the performance of individuals - Case Study Example This model presumes that human behavior is rational, therefore driven by the best information available at the time and designed to maximize individual interest’ (Pheffer 1998). Expected financial return motivates people to accept jobs and exert the level of effort that they are willing to spend on those jobs. If they know an incentive is waiting after a job well done, then they’ll be more encouraged to work. The act of giving inspires people to do more than expected of them. Transaction-cost theory identifies transactions organized by markets and hierarchies. It contains the notion that people not only seek self-interest but do the job with ‘opportunism’ (Meschandreas 1997). If they know that they are monitored by their superiors, then they exert more effort in doing so because recognition or even a possible promotion or other advantageous opportunities are in the offing after a commendable performance. Good examples are what happened in companies such as IT Lab Ltd., Peppermint PR, Metaswitch, Bravissimo and Madgex. Simple tokens or little gifts like ‘chocolates, cups of tea, bottles of wine, vouchers for meal out, manicures at posh beauty salons, jars of sweets or even a simple thank you note’ (employeebenefits 2010) await an employee who had exerted an extra effort in doing a difficult project. These simple little gifts excite the employees because of the rationale behind it. Receiving these small tokens mean recognition and appreciation for a job well done. 2. The article has only a limited number of criticisms on the trivial (gift) token as a reward strategy. With reference to theories of reward strategies expand the discussion of potential problems with this form of reward. Justify your answer with examples from the case study. Though it appears to some companies that giving small token of appreciation to employees is effective because it keeps the employees’ morale high through recognition and reward, still , it is not applicable to all companies at all times. In fact, it has a downside. As Pheffer puts it in her â€Å"Six dangerous myths about pay†, this practice has been shown to undermine teamwork, encourage employees focus on the short term and lead people to link compensation to political skills and ingratiating personalities rather than to performance’ (Pheffer 1998). Consulting firm, William M. Mercer says ‘most performance-based pay plans absorb large amounts of management time and resources and they make everyone unhappy’. If the employees are motivated of the small tokens then the motivation was influenced by extrinsic factor. ‘Extrinsic factor (rewards) has an immediate and powerful effect but won’t necessarily last long (Armstrong 2009 ). Saying thank you and giving small tokens are good motivational practices but the employers should exercise extra caution in doing so because other employees who do not receive a gift may feel left-ou t or feel there’s an ongoing inequity and favouritism. Also, it is wise for the company to be specific in giving presents to avoid tax issues and hurting the budget. They should also remember that rewards should be given infrequently and on schedule to perk the excitement of the employees. There’s also a possibility that the employer overlook someone’s hard work and commitment to the company. If this happens, the little incentive will do more harm than good because it might create grudges between employees. Like

Argument - Pursue my Career of Choice, not that of the VA Essay

Argument - Pursue my Career of Choice, not that of the VA - Essay Example should pursue, in this respect I have found that the skill of negotiating can be developed through constant practice, direct personal experiences and that individuals use different negotiation styles. These differences in negotiation styles depend upon the individual’s personality and the situation which include the objectives for negotiating. Conflict arises when the interests of people do not coincide. Since each individual is unique in his own way, the potential for conflict in human interactions is high. For instance, people perceive the same things differently. They may, likewise, disagree about how things are and how they should be. Sometimes, simple misunderstandings can lead to major disputes. As a military veteran scholar, I have regularly communicated with Mr. Les Sakuma. Upon Mr. Sakuma’s advice, I should pursue a degree in Business Management or Computer Science, of which I have already had brief and uninteresting careers in both of the fields. I would like to pursue something that I am actually enthusiastic in doing, rather that something I am forced to do. Mr. Les Sakuma has worked with the Veterans Affairs for more than 30 years. He is very hardworking, diligent and determined to work for the accomplishment of the Veteran’s mission and goals. Mr. Sakuma plainly states that since the Veteran’s Affairs Vocational Rehabilitation Program is paying for me to get educated in order to obtain gainful employment; he would not approve the forensic field of study. I am firm to convince him otherwise. Mr. Les Sakuma advised me to pursue a degree in Business Management or Computer Science because of my past experiences. He believes I would be successful in either of these endeavors. Furthermore, he feels that my physical disability would not be greatly challenged by delving into any of these careers. He is also unaware that a career in Forensic Photography is a viable option in Hawaii, where I am currently based. With these arguments in mind, I need

University and Major Subjects Essay Example for Free

University and Major Subjects Essay Introduction Every student has the right to understand the lessons in an efficient and effective way. Students can even excel in their classes and their academic performance most especially in their major subjects. Accounting students may face a lot of challenges that affect their performance at school. Academic performance refers to how students deal with their studies and how to cope with or accomplish different tasks given by the professors. It is the ability to study and remember facts and being able to communicate the students’ knowledge verbally or in writing. Every student should have  the opportunity to achieve each academic potential. If the performance in academic is poor, it is an indication reflecting a large underlying problem of the students. All of the students seem to be best everyday by problems which must be considered and solved. The problems cover a wide range in one’s daily lives. For the students most of them are having poor academic performance. It only proves that this problem cannot be avoided. Bakre (2010) described poor academic performance as any performance that falls below a desired standard or excellence attained by the students. Rodriguez Castellanos (2010) considers poor academic performance as the situation in which the students does not attain the expected achievement according to their abilities. Similarly, Tapia (2002) notes that, while influences perceives that the student fail if he or she does not pass, more appropriate for determining poor academic performance whether the student performs below his or her potential. This study would like to have some solutions about this problem in the school. This research will be a great help to the students, faculty and administration. The result will create a corresponding  action and problem will be prevented. It is essential that these problems be scientifically analyzed to discover its underlying factor and to find a remedy. The researchers aim to help the students who are having difficulty in academic performance in their major subjects due to the factors affecting them. Through this study every student will determine the challenges that affect their academic performance. Statement of the Problem This study will be conducted to investigate the factor affecting the academic performance in major subjects among accounting students of Far Eastern University-Makati 2nd Semester 2013-2014. Time management is a factor affecting the academic performance in major subjects among accounting students of Far Eastern University-Makati 2nd Semester 2013-2014. Teaching methods is a factor affecting the academic performance in major subjects among accounting students of Far Eastern University-Makati 2nd Semester 2013-2014. Peer Pressure is a factor affecting the academic performance in major subjects among accounting students of Far Eastern University-Makati 2nd Semester 2013-2014. Academic Demand is a factor affecting the academic performance in major subjects among  accounting students of Far Eastern University-Makati 2nd Semester 2013-2014. Improper Use of Technology is a factor affecting the academic performance in major subjects among accounting students of Far Eastern University-Makati 2nd Semester 2013-2014. Scope and Delimitation This study, Factors Affecting Academic Performance in Major Subjects of Accounting Students of Far Eastern University-Makati 2nd Semester School Year 2013-2014 focuses on the factors affecting the performance of accounting students. The researchers will conduct a survey for both male and female college students who were taking up BS Accounting Technology and BS  Accountancy. The study is not only limit in the factors affecting the academic performance of accounting student but also the opinion and perception of college students in Accountancy. Because the given five factors, time management, teaching methods, peer pressure, academic demand and improper use of technology are not only the factors that could affect the performance of accounting students with their major subjects. Definition of Terms ?Academic performance- refers to how students deal with their studies and how they cope with or accomplish different tasks given to them by their professors. ?Accountancy – profession or duties of accountant ?Accounting is an information science used to collect, classifies, and manipulate financial data for organizations and individuals. ?Efficient – working in a well organized and competent way ?Factors -a circumstance, fact, or influence that contributes to a result. ?Improper – incorrect; not in accordance ?Peer Pressure -refers to the influence exerted by a peer group in encouraging a person to change his or her attitudes and values in order to conform to group norms. ?Perception – the way in which something is regarded, understood or interpreted. ?Underlying – be the cause or the basis Procedure in Gathering Data †¢RESPONDENTS OF THE STUDY The researchers will survey college students with a program of BS Accounting Technology and BS Accountancy. This can be first year, second year, third year and fourth year accounting students. †¢RESEARCH INSTRUMENT The researchers will use the descriptive-survey in which they use survey form or questionnaire and interview method to gather the data from both male and female accounting students. The researchers will use purposive sampling in which male and female college students who are taking the program of Accounting Technology and Accountancy. Purposive and random sampling will be use for the samples that are chosen to specific objectives. Determine the Sample size Determine the Sampling Technique Use the Research Instrument Validation of Research Instrument Gathering of Data from the respondent Presentation and Interpretation of Data †¢PROCEDURE As shown in the diagram, the researcher will determine the sample size of the respondent and then the sampling technique to be use. The researcher will use questionnaire and interview method as research instrument. The questionnaire will be check by professor for validation, correction and suggestion. Then the researcher will start collection data from respondent. After the survey, the researcher will tabulate and present the data they obtain from the respondents. Research Instrument The researcher will use any type of questionnaire since it can provide sufficient information in the study. The questions can be limited in the five categories of factors affecting the academic performance of accounting students and it can beyond the other factors. Category A: Time Management Category B: Teaching Method Category C: Peer Pressure Category D: Academic Demand Category E: Improper Use of Technology Category F: Others.

Study on research methodology

Study on research methodology This philosophy was considered as a standard with which this research was designed. Outline of the methods that were employed to complete the research is discussed in this chapter. Saunders et al. (2009) states that any kind of study that can establish casual relationships between variables in the research can be called as Explanatory research. In this dissertation, both primary and secondary data is collected from appropriate audience. Both Qualitative method of data collection and Quantitative method are used. Richardson (2000), states that qualitative work cannot be easily comprehended through graphical representations and thus it carries its meaning in the entire text. To ensure that the data are telling us the same thing that we think they are telling us and to reduce bias error, Triangulation method is also employed. This method of research was deemed to be the best for the purpose of this research. 3.1 The Research Onion Saunders et al. (2006) gives an extensive and explicit differentiation about the ways in which a research can be carried out. Right from the first layer of Philosophy of research followed by Approach, Strategy, Choice, Time Horizon and Technique and Procedure respectively. Each layer is vital to the skeleton the structure of the dissertation. Detailed study of the issues underlying the choice of data collection techniques and analysis procedures lead the researcher to this research (Figure 3.2). However the original model is figure 3.1 below: F:Powerpointpe_ukPE083-SaundersFinal_FilesGifch04C04NF001.gif Figure 3.1: The Research Onion Source:  ©Mark Saunders, Philip Lewis, Adrian Thornhill (2006) (http://wps.pearsoned.co.uk) Preferred Methods and Critique Research Methods preferred for this Dissertation are demonstrated in Figure 3.2 below: Core of the Onion would be same Techniques Procedures of Data Collection and Analysis Figure 3.2: The Research Onion for this Dissertation Source: Created from model provided by  © Mark Saunders, Philip Lewis and Adrian Thornhill 2008 (Saunders et al., 2009 Pp. 108) Research Philosophy The philosophy of this research is mainly based on principles of Realism which is more inclined towards scientific enquiry. Saunders (2009), argue that Realism is a philosophical position which relates to scientific enquiry. Realism is a branch of epistemology which is similar to positivism. It believes that what senses show us is reality: that objectives do have their own existence quite independent of the mind. Bhaskar (1989) being a critical realist adapts the view that What we see is only the part of the bigger picture. Which is also the view of the author while conducting the research and attempting to look at the bigger picture as already done by famous people like Warren Buffet. 3.1.1.1 Critique This type of philosophy the researcher is likely to employ the existing theory and data. This can be considered as a drawback as it could have been more insightful if there was primary data backed up with the existing one in the Objectives 1, 2, 3 and 4. It was however unattainable for the capacity of this study. There is also some amount of Epistemology and Positivism seen throughout the research. Research Approach Emphasis and nature of the research topic directs the author to adopt the inductive approach of research (Creswell, 2002) where the data are collected and a theory developed as a result of the data analysis. The researcher has a strong understanding of the theory of the topics covered in the literature review and the approach developed was the result of the theories (William, 2006). Hussey et al. (2007) propose that the purpose of this research is exploratory, descriptive and explanatory as there are few studies from which the researcher may obtain information about the specified issue. 3.1.2.1 Critique As compared to the inductive approach, deductive approach seems to be widely used with the positivist research philosophy. However inductive approach was considered to be good for this research as the aim was not to narrow down by developing hypothesis from theories and then confirming them rather to gain understanding of the meanings humans attach to events and theories and also to address the gap in the literature. Research Strategy The approach adapted is of Grounded Theory and some Case Examples to aid the triangulation of the data. Looking beyond its general criticisms the researcher would advocate that the key issue to remember in such an approach is that grounded theory is an interpretive process, rather than a logico-deductive one and researcher should treat it as a highly creative process (Suddaby, 2006). The aim is to discover patterns and develop hypotheses rather than testing or confirming them. The focus therefore is to gain insight and familiarity with the subject area in view of more detailed investigation at a later stage. 3.1.3.1 Critique Amongst various other available alternatives of experiments, surveys, action research, ethnography and archival research, surveys could have been another choice for the research. The researcher decided not to use a self-administered survey because of various reasons the most important being that one wouldnt be able to prompt respondents if they had difficulty in answering some questions (Bryman Bell 2007). There are issues which need better understanding are complex in nature which is part of the questionnaire and if the researcher wasnt present respondents might have left some questions out. As a consequence of this the researcher could have been left with incomplete data (Bryman Bell 2007). Research Choice This approach is open and enables the researcher to gather a broad range of data and impressions; however it rarely provides conclusive answers (Beall, 2002). The advantage of exploratory research is that it builds a foundation and offers guidance for further studies within the field. As suggested by Curran and Blackburn (2001), both quantitative and qualitative techniques will be employed and primary and secondary sources of data will be used. 3.1.4.1 Critique The research mainly focuses on qualitative data and Multiple Method Choices are made for the research following the comment of Curran and Blackburn (2001), that this method is increasingly advocated within business and management research. Detailed comparative criticism of qualitative and quantitative methods is given in section 3.2. Time Horizon Time Horizon for the research is chosen to be a longitudinal research as it has the ability to study change and development over the time. Since the problem of personal debt was not as common in old times and as it is now and it has increased as the economy has developed, this time horizon is adapted. Thus according to Bouma and Atkinson (1995, Pp.114), the question here to ask will be Has there been any change over a period of time? The specific question here thus becomes: Has there been any change in management and distribution of money over a period of time? 3.1.5.1 Critique This research can also be criticised as being cross-sectional whereby you study a particular phenomenon at a particular time (Saunders et al 2006, Pp.148) as it is also pointing the reader towards the current economic scenario. This also a result of the word and time limit of the project. The strategies mentioned above and depicted in the figure 3.2 are not considered as mutually exclusive as suggested by Yin (2003) and will be used along with other strategies and possibilities to answer the research questions in the best possible manner. 3.2 Analyzing the Alternatives It is important to understand different ways to collect data and conduct research to address the research questions and objectives in the best possible manner. This also forms the core of the research onion. In general terms research consists of: Seeking answers to questions Systematically using a predefined set of procedures to answer questions Collecting evidence To produce findings that were not determined in advance To produce findings that are applicable beyond the immediate boundaries of the study (www.fhi.org) As apparent from the title of the dissertation, the research philosophy here is to develop knowledge (Johnson and Clark, 2006) in the specific field of finance. Below is the table 3.2 which briefly differentiating between the two methods of data collection. Table 3.2 Comparison of Quantitative and Qualitative Methods Source: Adapted from www.fhi.org The table summarises and gives a clear idea on the use of both types of data and their uses. Being an approach which uses mixed meth.ods, this research includes both types of data. Detailed explanation of these methods is given below. 3.2.1 Criticism of Quantitative Methods Numerical data or other data which can be quantified to address the research objectives can be described as quantitative data. Quantitative data in its original form becomes very difficult to interpret and draw meaning from. Thus these data need to be processed, analysed and presented in the form of charts, graphs and tables for better understanding of the relationships and trends within the gathered data. (Saunders et al., 2009) Quantitative methods in this research were used in a form of a questionnaire to address objective 5. As they generally confirm hypotheses about phenomena and rigid style of categorising questions is necessary, it was used to segment the respondents and then understand different views of them as a portion of the society. However mainly the nature of the research demanded the qualitative methods to be adapted. 3.2.1.1 Questionnaire Saunders et at. (2009) argue that many times questionnaires are used by people before the consideration of alternative methods, like examination of secondary sources, observation and semi-structured or unstructured interviews. They advice the researchers to evaluate all the possible data collection methods and choose the one that is most appropriate to the research questions. It is not the case in this research and it was chosen as the most appropriate method to be used to achieve defined objectives. They will also aid in the triangulation of the data as the results will be used along with the focus group results. This in the descriptive nature of this research, which undertakes the study of attitude of people towards credit, spending and saving regarding personal finance, it will enable me to identify and describe the variability in different phenomena. 3.2.2 Criticism of Qualitative Methods All non-numeric data or that data which have not quantified can be defined as Qualitative data. These data are analysed and manipulated in ways of summarising, categorising and structuring of the meanings using a narrative. Commonly this research is done to gin deep insight about a particular problem or situation. One of the major advantages of adapting qualitative methods is that it provides the reader to understand from the view point of people how they experience the research issue in form of complex textual description. This provides us with humanistic side of the issue. This is mostly contradictory behaviours, beliefs, opinions, emotions and relationships of individuals. The other advantage being qualitative methods also give effective evaluation of many indefinable factors like, some social norms, socioeconomic status, role of genders, also ethnicity, and religion, whose role in this research is very apparent. It is seen that the culture of a country is a big factor deciding the spending and saving habits of an individual. Thus this approach is chosen. Qualitative methods when used along with quantitative methods, they can complement each other. It can improve the understanding of the complex reality of the given situation and the implications of the data collected (www.fhi.org). 3.2.2.1 Focus Group Administering a Focus Group was important for this project especially for objective 6 as the respondents replies would be considered very valuable to get in-depth knowledge of the given subject. A focus group has been also used to achieve triangulation. This is where qualitative and quantitative methods are both employed, by doing this can result in the negative aspects of one method being balanced by the positive aspects of the other creating a comprehensive and reliable set of findings (Jick 1979). Some of its advantages and limitations are discussed below: Advantages of using a Focus Group: It can help to explore issues deeply via encouraging respondents to interact with one another in relation to the topic set (Kolb 2008). This style has the potential for many views and opinions to accumulate thereby providing a good source of evidence in relation to the topic discussed (Wilson 2006). Here the interviewer has the ability to ask follow up questions if the respondent gives too general an answer, the interviewer can keep asking until they acquire a finding that is more credible (Kolb 2008) Some of its Limitations are: Data from a focus group might be difficult to analyse because of the large amount of data that is collected within a short timeframe. (Bryman Bell 2007) There can be a difficulty in finding participants for the activity as it is time consuming and demanding of the individual. (Wilson 2006) Group dynamics may also affect how much information is actually collected as some participants may contribute more than others. (Bryman Bell 2007) 3.2.2.2 Observation Observation is another method which is used in this report and has played a big role in its formation. This approach is also considered to be fun. This mainly involves: systematic observation, recording, description, analysis and interpretation of peoples behaviour. (Saunders et al., 2009) Many authors describe that this aspect of the research is to some extent neglected and less used in business and management studies. Although Delbridge and Kirkpatrick (1994) confirm that it is about attempting to learn the symbolic world and trying to get to the bottom of the processes with which an individual constantly constructs and reconstructs ones identity. This idea relates exactly with the aim and objectives of this research. Gill and Johnson (2002) have developed fourfold categorisation of this research which is available for any researcher. They are: Complete participant Complete observer Observer as participant Participant as observer Figure 3.2.2.2: Created from Saunders et al., 2009 form model provided by Gill and Johnson Here the role of Participant as Observer is used wherein researcher takes part in the activity and researchers identity is also revealed. Participant Observation is defined specifically as the researcher attempts to participate fully in the lives and activities of subjects and thus becomes a member of their group, organisation or community. This enables researchers to share their experiences by not merely observing what is happening but also feeling it. (Gill and Johnson 2002, Pp. 144) Thus, adding to the richness of the research data. Main Strengths and Weaknesses of this method of research are depicted in Table 3.2.2.2 below: Table 3.2.2.2: Strengths and Weaknesses of Participant Observation Source: Adapted from www.fhi.com 3.3 The Approach towards the Objectives Described below are the objectives of this research topic and how they were addressed: Objective 1: To understand Money and Debt employing exploratory research while briefly looking into its evolution. To address the first objective, extensive secondary research was carried out looking into the history of Money and Debt. This helped the author to understand the origins of these and thus provided fully with the capability to understand and critically analyze it. Objective 2: To analyze and compare the concepts of money and debt in various countries of world. This was again done with the help of extensive secondary research into the beliefs and values of many different countries of the world. It was done with mainly two types of differentiations namely developed and developing countries and close context and open context cultures. This will let the researcher to see beyond the particular culture, value and belief system of the UK. Objective 3: Understand various types of financial markets and institutions in the UK. This objective was fulfilled simultaneously while addressing the previous objectives. As after the base of the structure of the paper was created, this objective served as a ground floor to build on the other objectives. Objective 4: Understand various types of debts and reasons behind their creation. This objective again was achieved with the help of studying established theories and models which govern the current financial system in the world. Mainly secondary research is used and the concept of participant as an observer is reflected all through the dissertation which is also primary research. Objective 5: Identify critical factors responsible for the increasing personal debt in the UK. Identification of critical factors responsible for the increasing personal debt in the UK was done after careful consideration, on the basis of secondary data and the facts about UK economy given in Appendix 1. A questionnaire was prepared and given out to members of public. The questions mainly focused on Availability of Credit, Knowledge about Personal finance, Culture and Finance and Some Technicalities regarding fees and charges applicable. The sample included students, unemployed people, part time workers, full time workers and self employed people with different sex and age groups. Objective 6: Evaluate the awareness of UK residents about financial management and its role. This objective was achieved by the means of a focus group, some questions were formed to generally access the knowledge about money management in general population and the role it can play in their monetary situation. This was done via open ended questions to give the participant ability to get feedback and discuss in form of complex textual descriptions to access how people experience the given research issue. Sample here also included students, unemployed people, part time workers, full time workers and self employed people with different sex and age groups. Objective 7: Suggest a New Theory on Money Management in hard times. Thus in above mentioned way the objectives were addressed and data will be gathered and analyzed and the last objective to suggest a New Theory on Money Management in hard times to emerged as a result of the achievement of the previous research objectives.

Types of Communication

Types of Communication Introduction The topic researched is the different types of communication and their importance in the teaching environment. There are four main types of communication: verbal, non-verbal, written and visual. Each of these have there own way of passing on information from one person to another. They each have there own advantages and disadvantages. The report looks at each one in turn and looks at ways poor communication can cause barrier to learning. Verbal communication is a way of expressing yourself wth words and getting the correct message across. It can be spoken words either face-to-face or chatting on the telephone. It is important to set the right tone and pace and use simple words and less Jargon. The choice of words would also need to be considered as there may be learners for whom English would be their second language. In another word use KISS (Keep it Short and Simple). When communicating verbally it is important to use simple language and not to use Jargon. It would be best practise to back up the lessons with Visual aids and handouts for referencing. Introduce point in a logical order to avoid ambiguity and summerise key point regulary. Always give construcive feedback and allow the learners to ask question to confirm their understanding. When using verbal Communication remember to use KISS. Advantages Able to clarify and ask questions straight away Able to be flexible and adaptable according to the audience Able to check if the messages had been understood Build a rapport with learners, use humour. Disadvantages Tone and body language can give the wrong message The instruction can result in misunderstanding and incorrect responses if badly presented. Leaners may have different connotations for different words If no notes are taken then may be difficult to remember Non-Verbal Communication is the use of body language, facial expression, and hand movement to convey the message across. As a teacher, you should be aware of your body language, of your dress, the language used, as each of these are observed by your learners. The other areas that a teacher would need to be aware like making eye contact and addressing each of the learners. Also need to watch their facial expression to see how they are react. The teacher should be aware of his/her posture, gestures and body contact. The teacher would need to be positioned so they are visible to all learners, If the teacher is stood behind a desk, it can cause a divide. By paying attention to these attributes enables the teacher to send clear positive vibes to the learners and for the learners to feel safe and comfortable. Below is a diagram with some nonverbal ways to communicate. Advantages: able to communicate something that you dont want other to hear The conversation can be short and brief Able you to communicate in places where you are supposed to be silence. Disadvantages You cannot have long conversation. Difficult to understand and requires many repetitions. Written communication can be in forms of emails, handouts, presentations slides, manuals, and overhead projectors etc. It is another way of communicating to your learners using visual aids. When creating written documentation, it is best practise to keep the written documentation brief and precise. Making sure that no jargon, slang or abbreviation is being used. The wriiten documkentation must be spellchecked and proofread to see if anything can be misinterrpreted. A lot of colleges and unversities use a central database or Intranets to put their handouts and notes. Regardless of how the information is displayed it still need to be well written and the audience needs to considered. Advantages. Good for instructions and vital information There is a lesser chance for the message to be misunderstood. It is a good reference if you need to come back to it. Disadvantages Not very personal. Learners tend to forget to read them. There is no one to ask immediate. Difficult to engage a tone so can be misinterpreted eg emails. Barriers to Learning, due to poor communication. To avoid barriers to learning when using verbal and non-verbal communication the teachers would need to consider many factors. They would need to have knowledge and understanding of diversity and cultural differences. In some cultures, making direct eye contact can be seen as rude or offensive. They would need to take into consideration the audience i.e. age, disability, religion, learning difficulties. Their own body language would need to open and inviting. Using a simple language vocabulary would suit all levels of literacy learners. Establishing their level of the minimum core would enable the teacher to pitch at the right level for example not asking the class to do research on the computer if they have never used one. Most of the barriers can be overcome by the teacher, if they are receptive to the learners needs. Conclusion Professor Albert Mehrabian has pioneered the understanding of communications since the 1960s. His research provided the basis for the effectiveness of spoken communications. Here is a more precise (and necessarily detailed) representation of Mehrabians findings than is typically cited or applied: 7% of message pertaining to feelings and attitudes is in the words that are spoken. 38% of message pertaining to feelings and attitudes is paralinguistic (the way that the words are said). 55% of message pertaining to feelings and attitudes is in facial expression. (Mehrabian) As the saying goes, action speaks louder than words. If we are constantly aware of the signals, we send out and if it is done in a positive, approachable, and fair way then there is no reason why a teacher and learner cannot communicate in a successful way References Petty.G (Forth edition) Teaching Today: Communication blocks, p40 to p41 Gravells, A, Simpson, S, (2008) Planning and Enabling Learning: Communication p71-p87 Website addresses: http://www.cehjournal.org/download/ceh_13_35_044.pdf http://communicatebetter.blogspot.com/2009/03/causes-of-miscommunication-in-daily.html http://ukpmc.ac.uk/articlerender.cgi?artid=952211 http://www.uk-student.net/modules/wfsection/article.php?articleid=120 http://www.businessballs.com/mehrabiancommunications.htm http://honolulu.hawaii.edu/intranet/committees/FacDevCom/guidebk/teachtip/teachtip.htm#communication

Walter Elias Disney Essay -- Biography Biographical Disney Essays

Walter Elias Disney Disney has become a household name in American society, but most people are not aware of Walt Disney's struggles before becoming one of the twentieth century's most prominent and successful animators and film directors. Walt Disney is best know for his characters Mickey Mouse, Donald Duck, Pluto, Goofy, and Minnie Mouse, but his company can also be credited with achievements such as the first fully synchronized sound picture, "Steamboat Willie", the first full-color animation, "Flowers and Trees", and the first full-length animated movie, "Snow White and the Seven Dwarfs". Walter Elias Disney was born on December 5, 1901 in Chicago, Illinois to Elias Disney and Flora Call. Walt was the youngest of four boys before his younger sister was born. At the age of five, he moved with his family away from the city to a farm near Marceline, Missouri. Walt loved his years on the farm, and his first drawings were of his beloved farm animals. Paper was scarce in the Disney household, so Walt's original drawings were done on toilet paper, one reason why his earliest works were never preserved. Around the time when Walt was eight, his mother gathered enough money to buy him a book for his drawings. Walt's father became ill, and during Elias's recovery, the Disney's three youngest children, Flora, and Elias moved to Kansas City. For more income, Elias forced Walt and his older brother and future partner Roy, to deliver newspapers. Even though there was an age difference of ten years between Walt and Roy, the brothers always remained very close. After Roy ran away, the youngest two children and the Disney parents moved again, back to Chicago, where Walt become the junior editor of his high school news paper "The Voice."... ...ied on December 15, 1966 from cancer, while Walt Disney World, in Florida, was under construction. Walt saw his company rise to greatness, but never in his wildest dreams could he imagine the legacy that he left in this world. Today, the renamed Disney Company still produces full-length animated features that children all over the world enjoy, and trips to Disney theme parks have become pilgrimages for the young and old alike. Works Cited: "Disney, Walt." Encyclopedia Britanica. http://search.eb.com/eb/article?eu=31135 Eliot, M., 1993: Walt Disney:Hollywood's Dark Prince. Carol Publishing Group. New York, NY. Mosley, L., 1985: Disney's World. Stein and Day Inc., New York, NY. Thomas, f. and O. Johnston, 1981: The Illusion of Life:Disney Animation. Hyperion, New York, NY. "Timeline." http://disney.go.com/DisneyChannel/z4/TheMagicIsBorn/timeline.html