Personal Finance Case Study Example | Topics and Well Written Essays - 1250 words

Personal Finance - Case Study Example This would have the effect of reducing payments for the renters insurance. The personal life insurance and disability insurance would also have the effect of reducing Mark’s motor vehicle insurance. As a result of economic cycles, the value for their shares investment might fluctuate and it would be best if they invested in fixed income investment as it involves less risk. This is one of the best ways to cater for any speculative risk such as investment risk (Dalton et al, 2015). Mark and Ava should consider having an emergency fund as a form of self-insurance. This can also assist them manage their risks. It is very evident that the emergency fund has to be created from funds that can be shrank or by cutting their expenditure. The Lanes can create an emergency fund by reducing their expenditure on entertainment and vacation. They can also reduce their expenditure on clothing and channel the money to a bank account which will be used as an emergency fund. This kind of fund should be easily accessible due to its nature thus the need for it to be either in liquid cash or cash equivalent instrument. The Lanes can also consider paying their credit card debts on time so as to avoid unnecessary cash outflows in the form of interests and fines. Part of the couple’s income from investments can be channeled to the emergency fund and the rest be reinvested for future incomes and to grow the investment (Dalton et al, 2015). A debt management and pay down plan for he Lanes would involve identifying all their debts which are paid monthly quarterly, half yearly and annually. The next step would be to prioritize the debts in order from the smallest to the largest debts they have. This order should consider the debt magnitude and not the interest rates involved. The reason for this is that it is easier and quicker to clear smaller debts and this will give them motivation to be clear even the larger debts. The next step in the pay down plan

Mental Health Access ACT OF 2012 Article Example | Topics and Well Written Essays - 500 words

Mental Health Access ACT OF 2012 - Article Example Suicide rate in the Army and Marine Corps are on the increase. One in every three soldiers seeks psychological help. More and more veterans return from the 2 ongoing wars and involvement in wars at abroad has become the inseparable part of American politics, unfortunately though. The issue of an effective psychiatric treatment and care for our active and former military personnel is crucial. Delivering mental healthcare to this segment is a unique challenge that requires specialized training. Combat stress has become the inescapable part of life of a war veteran that results in psychological stress. The Post-Deployment Health Assessment for soldiers has revealed the alarming results of mental disorders for those who are engaged in violent war-fronts where they have to witness killings and bloodshed. The Mental Health Access Act of 2012 aims to improve and enhance programs and activities of the Department of Defense and the Department of Veterans Affairs to improve the levels of resil ience of the veterans. Establishment of such a system to provide accurate and reliable measures for mental health services to the veterans is the need of the hour. The bill sponsored by Senator Murray (Democrat) and introduced on June 25, 2012 is the right step in achieving the desired goal. The bill broadly has the twin objectives.

Conflict Management In The Area Of Public Management Essay

Conflict Management In The Area Of Public Management - Essay Example Conflict management is an art, and when dealing with public issues, this becomes a major challenge. In the broad context of defining conflict management with the tag of public issues, the scope moves beyond the office set-up and can involve, for example, union-management issues, public-counsel issues, etc. Seemingly, these words are fairly common terms used in the English language, but the gurus of the language speak themselves that at times, the most common terms are the most difficult ones to describe. Following the same, it is essential to describe these key terms with reference to the given topic. Logical sense generally implies, understanding a certain issue in a manner that it makes sense via the route of logic i.e. the explanation contains logic and has substances, and makes sense. For example, raising salaries can deteriorate profits makes perfect logical sense, but the solution is not not-raising-salaries, but rather a good way out can be introducing performance-based bonuses because salaries are fixed and bonuses vary with relation to the profits. Arguments are the cross-charge statements whereby one entity disagrees to the viewpoint of the other and presents its statement of disagreement. Managerial advice is simply put the advice placed to the management, and likewise any other entity getting advice, the management also needs to comprehend and analyze various factors including the outcome of the application/implementation of the advice. The three terms described by far can be combined together to comprehend that the arguments, when presented to the management should make logical sense for the application. However, in line with the given statement for discussion, it is difficult to make logical sense out of the arguments presented to the management.

Summary of Margaret Newman's and Rosemarie Parse's Grand Theories of Essay

Summary of Margaret Newman's and Rosemarie Parse's Grand Theories of Nursing - Essay Example The development of grand nursing theories helped to distinguish the discipline from the medical model, catalysed the extensive growth of nursing knowledge, and provided a framework for organizing nursing knowledge and nurse education curricula. Further, grand theories offer an alternative to practising solely on the basis of tradition or intuition, thus helping to professionalize nursing practice. Thesis Statement: The purpose of this paper is to summarise Margaret Newman’s and Rosemarie Parse’s grand nursing theories, examining their aim, their application to patient care and nursing, their key elements, and their strengths and weaknesses. Margaret Newman’s Theory of Health as Expanding Consciousness Margaret Newman’s 1990 theory of health as expanding consciousness arose from her insights on long-term illness. She believed that through the invalid’s expansion of consciousness, they gained a deeper appreciation for life and more meaningful relation ships. This abstract model required recognition of the life pattern, acceptance of illness as part of the life pattern, and health as an expansion of consciousness. The pattern of expanding consciousness evolves irrespective of the form or direction it may take. Through this realization, illness and disease lose their demoralizing power (Rich, 2011). The theorist believed that the focus of nursing is on the nurse-patient relationship. Pattern-recognition is the key element of nursing practice and interventions. The more expanded the consciousness of the nurses, the more readily they are able to enter a transformative relationship with clients, to help the latter regain health by minimizing disease and emphasizing health (Newman, 1999). The purpose of this theory of health as expanding consciousness, is to underscore the human experiences of transformation through time and space to a more highly organized pattern of the whole. Newman’s perspective of health and illness as a un itary process moving through variations of order-disorder, was built on Rogers’ 1970 life process model with a holistic and unitary view of humans, and from Young’s idea of the acceleration of evolution of consciousness. According to Newman, consciousness pertained to all information of a system that related to its capacity to interact with its environment. â€Å"Consciousness as the essence of all things that exist, including humans† (Kim, 2006, p.297), is a part of time and space, and is reflected in movement. Newman’s theory considers health as a synthesis of the fusion of disease and non-disease, that is health consists of both wellness and illness. Disease and nondisease form â€Å"a larger wholeness that takes on a new and different form that is not diminished by illness† (Rich, 2011, p.290); this health creates a more inclusive consciousness. Therefore, the key characteristics of Newman’s theoryare: Health includes illness or patholgy ; these pathological conditions are a manifestation of the total pattern of the individual; the pattern of the individual that eventually establishes itself as pathology existed as a primary feature before the occurrence of structural or functional changes; by removing the pathology the individual’s pattern cannot be changed; â€Å"if becoming ill is the only way an individual’s pattern can manifest itself, then that is health for that person†

Humes Critique of Causality Essay Example | Topics and Well Written Essays - 250 words

Humes Critique of Causality - Essay Example Our idea of causality arises from our impressions of three kinds of relations between objects: the relation of contiguity or contact, such as when billiard balls collide, and second, temporal priority, the idea that the effect should immediately follow the cause. These two, when taken together, is what Hume calls conjunction, which can be confirmed by sense experience, but it cannot give us an idea of necessary connection. The third kind of relationship that must be present in our idea of cause and effect is indeed, necessary connection. By necessary connection, Hume means the relation between cause and effect in which the cause necessarily produces the effect. But from what impression do we derive the idea of a necessary connection between cause and effect? Hume claims that there is no rational proof or basis for the causal principle; â€Å"this principle is mere custom or habit† (Hume 37). We only think that a particular cause must ‘necessarily’ have a particula r effect because we have the idea of a necessary connection between a cause and an effect after we experience their conjunctions repeatedly. If Hume were right here, science would seem to be an impossible endeavor, for it is based on scientific causal laws (Lavine 168). If causality were reduced to a mere psychological law, then we would have no basis for scientific knowledge or any objective knowledge for that matter. The foundations of knowledge would collapse into nothing but meaningless psychology.

Management Essay Example | Topics and Well Written Essays - 2000 words - 6

Management - Essay Example And third, this essay identifies bad effects of HRM and leadership failure to live within such a modern theory of HRM. By definition, Human Resource Management is the strategic process of sourcing manpower through recruitment, selection, and hiring, followed by rewarding, developing with training and assessments, relationship building and sustaining. (Rowley, C. and Jackson, K. 2011, p.xxvi). It normally takes time and financial investments to build up good relationships with employees on top of just training them to perform well in their jobs. This is very important to derive positive attitude and wholesome cooperation from employees. If they work hard enough, the company derives more benefits from them. But employees need to be engaged with their part of the functions, duties and responsibilities, in order to be highly desirable in their behaviour and highly productive in their share of the works to achieve objectives. The benefits of training and development over the years are rea lized in achievements of goals through good performance. Whenever a company has to retrench manpower by reason of force majeure, e.g. in times of economic crisis, the company actually loses not only qualified manpower but also the training and development investments incurred to make employees perform better. In the HRM Theory of Engagement, the term â€Å"engagement† refers to a mental attitude with positive behaviour, emotions, and thoughts about a job for the organization to meet the required high performance of manpower capabilities in achieving company objectives. (Holbeche, L. and Matthews, G. 2012, p. 12) A very good example in connection with applying these two theories was reported by the CEO of SRS Real Estate Partners, Chris Maguire. The economic crisis that started in 2008 forced him to sell a part of the real estate business which was supposed to be the â€Å"bread and butter† of SRS in the USA (Fehrenbach, P., 2012) even while he wanted to maintain his ma nagement and staff because of their years of being together. How to maintain their morale and work performance obviously became a major problem. From depending on the big market for real estate and construction industry, SRS shifted to the retail sector or the smaller market in an attempt to find transactions for their survival. One of his leadership skills which paid off eventually was the willingness to be transparent to the people he managed. All members of the organization knew what was happening to the organization. Involvement was high for the survival of the entire manpower resource. This implies the depth and extent of knowledge by the employees that they had to scramble for transactions in the retail sector of the industry in order to find transactions for SRS. Also implied in the situation of SRS were the treasured training, relationship building, and maintenance of good leadership-employee relationship in good or bad times. From the viewpoint of the leadership, retrenchme nt in operations was necessary for survival. Although the story does not give details about what happened to employees connected to the sale of major assets tied with the big chunk of its real estate business, it can be imagined how employees were either transferred to the accountability of the new owner, Jones Lang La Salle, or probably transferred somewhere else. In an economic crisis, where people would

You choose it Essay Example | Topics and Well Written Essays - 500 words - 7

You choose it - Essay Example The large cornfields in the valley areas can no longer support the ever increasing population of America without having to be mechanized. This will also require the use of modern technology like genetically engineered seeds and use of fertilizer and herbicides. The documentary also shed more light how the method of manufacturing has changed from the dependence on primary raw material to recycling of used products. The same is also true of the migration from the use of transistors and capacitors to very small microchips (Kwon, 2012). The power grid can no longer be controlled manually, most of it is now computerized from the steam turbines, nuclear power and hydropower. The road, railway, sea and air transportation network ensures that finished products can reach the desired destination with ease and faster (Artkinson, 2012). This require individuals who plan to work in this dynamic system to be equipped with the best knowledge to help meet the demands of such economies. This explains the recent emergence of many technological research institutions as well as university research across the country. Many universities now offer very specialized courses that enables the labor force to be equipped with knowledge that can work with the automated manufacturing and engineering process. However much an economy can automate its production process, there will still rise a need to train personnel to work with the system. Automation according to Yul Kwon, is the next step towards competition in the global sector as it minimizes production cost. The other sector that can still employ labor that will be displaced from employment due to process automation can always be absorbed in the service industry and primary sectors. While everything portrayed in the documentary is true, Yul Kwon does not get the views of many other farmers who are now starting to move