Tuesday, May 19, 2020
The Impact Of Internet On Supply Chain Strategies
The Impact of the Internet on Supply Chain Strategies The Internet has played a major role in the changing of supply chain strategies. The growth of the Internet over the years have presented supply chains with various opportunities for service improvement and cost reduction. These opportunities can include: â⬠¢ On-line vendor catalogs available to customers from which customers can find, select, and order items directly from suppliers without any human contact. â⬠¢ The ability to track shipments using several modes including rail, air transport, and truck. â⬠¢ The ability to provide 24-hour/7 days a week worldwide customer service. â⬠¢ The ability to contact vendors or buyers regarding customer service problems from late arrival, lateâ⬠¦show more contentâ⬠¦Inventory management has been improved by the Internet in terms of the ability to communicate stock-outs by customers to vendors and the ability to notify stock-outs by companies to the customers. Electronic Data Interchange (EDI) has also changed the way companies get information to their customers. Before the Internet, EDI took a longer time to be implemented into the supply chain. EDI is the computer-to-computer exchange of business documents between companies. The Internet has affected inventory management mostly by its ability to allow companies to be more proactive in the management of inventory systems. This can be noticed mostly by companyââ¬â¢s ability to notify its customers of order shipping delays and inventory emergencies. Order processing has become probably the most popular use of the Internet in supply chain. The Internet is frequently used to place orders and check orders status. A very large percentage of companies use the Internet for this purpose. Companies save in the reduction of paperwork that is involved in the traditional order processing system. Another advantage of the Internet in the ordering process is the speed in which an order can be processed. This faster processing time has led to a reduction in order-cycle time, or the time between when a customer places an order until the time the customer receives the order. This time bas been cut by at least one-half the time. The current useShow MoreRelatedDell Supply Chain Analysis969 Words à |à 4 PageslysDell Supply Chain Analysis Group 11: Mentor: Heidi C. Dreyer Sep-09-2012 Outlines â⬠¢ Whatââ¬â¢s direct model? â⬠¢ Dellââ¬â¢s position in PC market; ââ¬â Dellââ¬â¢s competitive strategies; ââ¬â Implied demand uncertainty analysis; â⬠¢ Dellââ¬â¢s supply chain capabilities; ââ¬â Facilities; ââ¬â Inventories; ââ¬â Transportations; ââ¬â Information; ââ¬â Sourcing; ââ¬â Pricing; ââ¬â Responsive supply chain; â⬠¢ Strategic fit; â⬠¢ Limitations; â⬠¢ Challenge and proposals for emerging markets; Whatââ¬â¢s Direct Model? Several supply chain models inRead MoreSupplier Development Programs1367 Words à |à 6 Pagesmanagement of the firmââ¬â¢s supply activities. Open markets and a ââ¬Å"flat world ââ¬Å"as Thomas Friedman (2005) explains, has seen many new entrepreneurs boom with business ideas that step aside the conventional methods of business. Reduced effort and time from conception till marketing, sales are now achieved at a much faster rate, achieved through technology advances and specialised suppliers. Developing relationships with such suppliers is now an integral part of the business strategy. One of the most influentialRead MoreEssay on Senior Project Manager1081 Words à |à 5 Pages| U02A1 Dell Supply Chain | James DeHaven | BUS3022 Fundamentals of Supply ChainCapella University | Why has Dellââ¬â¢s Direct Supply Chain been so Successful? The direct supply chain model that Dell has been using for many years to sell customized PCââ¬â¢s to customers via the internet has been very successful. Dell designed and structured the supply chain to provide customized computers in a quick manner and with a reasonable price. Customers can visit the Dell website and configure the PCRead MoreHow the Internet is Enabling Dell to Reinvent E-Commerce1632 Words à |à 7 Pagesï » ¿How the Internet Is Enabling Dell To Reinvent e-Commerce Dell Computers initial business model concentrated on creating build-to-order personal computers to customers specific needs. This has grown from a fairly modest operation to a $62B business as of the close of their latest fiscal year (FY 2012). Dell succeeded with an Internet-based business model by concentrating on the accuracy, agility and speed that its much larger competitors could not match. Honeywell, IBM and others could notRead MoreProcess Flow Supply Chain Management1528 Words à |à 7 PagesRunning head: PROCESS FLOW: SUPPLY CHAIN MANAGEMENT PROCESS FLOW: SUPPLY CHAIN MANAGEMENT AND ELECTRONIC DATA INTERCHANGE (EDI) Clifford Butler Operation Management November 1, 2009 Table of Contents Abstractâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦3 Introductionâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..4 The Internet-based supply chain system for mass customized marketsâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦..â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..4 The role of electronic data interchange (EDI) and the Internet in supply chain integration..â⬠¦...5 WhyRead MoreImpact Of E Commerce On Global Economy1352 Words à |à 6 PagesIntroduction Impact of E-Commerce on Global Economy It is exciting area especially E-Commerce. The advancement in World Wide Web, computers and mobile wireless communication technologies are transforming the way business is conducted. The success stories of Amazon, eBay are few examples. New technologies have provided the required platform for innovation, growth, shopping convenience, and price advantage due to the boundary less competition. Business leaders across the industry are developingRead MoreEvolution Of The Supply Chain816 Words à |à 4 PagesEvolution of the supply chain stems from Physical internet. Montreuilââ¬Å"If you think about the early days of computers, people loved using them, but they had no way to connect their computers to a community,â⬠he says. ââ¬Å"To get connectivity, we looked to transportation for a model and the information superhighway became the metaphor for the Internet.â⬠The Physical internet approach is influenced by the internet network system where information is moved globally efficiently. The Supply chain system couldRead MoreBenefits Of Supply Chain Management1677 Words à |à 7 Pagesscanners is one the strategies which allow companies to capture their customersââ¬â¢ voice. Supply chain stages hear the voice from the customers and react to them appropriately using flexible automated warehousing, and rapid logistics through the electronic data interchange. New concepts like lean manufacturing; agile manufacturing among others in partnership with the new technology has been used to improve performance(Ben Naylor, Naim and Berry). Performance of many supply chains has been worse dueRead MoreThe Case Of Federal Express Essay1483 Words à |à 6 Pagessignificantly invested in Information Technology systems and integrated their systems since the Internet was introduced to offer effective services throughout the supply chains of its customers. Moreover, the company has eventually developed a potent technical architecture that was integrated into Internet commerce through infrastructural investment in the system. However, the companyââ¬â¢s logistics and supply chain operations have experienced tremendous challenges throughout its history. FedEx has alsoRead MoreThe Impact Of Information Technology On Scm862 Words à |à 4 Pagesto study the impact of information technology(IT) in supply chain management (SCM), explain its benefits and d rawbacks, and analyze the current trends in the development in the IT field. The findings will be classified with respect to the research objectives discussed in the methodology chapter. The research objectives are discussed in depth and each section will aim to answer research questions that were set. 4.2 To identify the impact of information technology on SCM Supply chain management can
The Horrifying Steps Of The Final Solution - 1581 Words
The Horrifying Steps of the ââ¬ËFinal Solutionââ¬â¢ Beginning in the year 1933, life became difficult for all non-Aryans living in Europe. That was the year Adolf Hitler became the chancellor of Germany. His anti-Semitic principles served as the basis of the Nazi party and its supporters. Although their ideas were opposed by many, the Nazis managed to carry out The Final Solution with the goal of ridding Europe of Jews, gypsies, Soviets, and homosexuals. One prominent figure was Heinrich Himmler who constructed the ââ¬Å"Final Solutionâ⬠: a written document that stated the steps needed to be taken in order to establish a pure Aryan race. This ââ¬Å"solutionâ⬠consisted of isolating Jews in ghettos, sending non-Aryans to concentration and extermination camps, and forcing them to undergo starvation, thirst, shootings, and extended suffering. The various steps within this document each served a different purpose and implemented a new kind of suffering upon the prisoner s. New family roles were established and new outlooks on life and religion were brought about due to the scares they experienced. The Holocaust transformed the lives of many through the daily hardships in its ghettos, concentration and extermination camps, and demolished post-war Europe. The first place the Jews were sent, as stated by the Naziââ¬â¢s ââ¬Å"Final Solutionâ⬠, were the ghettos. Ghettos during the Holocaust were located in small German cities. Jews were isolated from the rest of society as they spent endless daysShow MoreRelatedEssay on Ending Of Apartheid In South Africa627 Words à |à 3 Pagesfirst speech announced plans to legalise the ANC, PAC and SACP and also that political prisoners would be released. He said he wanted to work with political groups to form a new constitution for South Africa. Although De Klerkââ¬â¢s decision was a great step forward for blacks, there were many possible reasons for his drastic change in government. A journalist in Cape Town at the time wondered if De Klerk fully realised what he was doing. Perhaps De Klerk thoguht he could remain in power by sharing itRead MoreOmnivore s Dilemma By Michael Pollan1657 Words à |à 7 Pagesmust be made as to where the corn will go which is why it is fed to cattle and other livestock. This is Pollanââ¬â¢s way of tracing the steps of the industrial food chain. Since corn is produced so cheaply using synthetic nitrogen which creates a dependency on our fossil fuel resources rather than our solar resource. The Feedlot method has produced more issues than solutions. Yes, it does result in fattening cattle quicker which in term then produces faster meat but it results in manure that is extremelyRead MoreThe Genocide And The Holocaust1198 Words à |à 5 Pagesdefeat of Germany in World War I. The Nazi party was mainly based on nationalism and racism. They promoted Aryan (German) supremacy and a plan to restore Germany to its greatness. Their one goal was to purify Germany. This plan was known as the ââ¬Å"final Solutionâ⬠. Numerous groups were persecuted, tortured, forced into labor camps, raped, and killed. These groups include Jews, Slavs, Roma, Jehovahââ¬â¢s Witness, homosexuals, disabled, and anyone who opposed Germany s political or religious views. Jews wereRead MoreSchoenberg and Pierrot Essay1827 Words à |à 8 Pageslightness, to darkness, to death, but he transformed them into a personalized narrative of the plight of the artist in society.â⬠In selecting his twenty-one poems, the composer carefully omitted any that dealt with daylight (except, significantly, the final poems of his modified cycle), any poem that featured a commedia character appearing without Pierrot and, in general, any poem that was pleasant. He retained those that dealt directly with Pie rrot, poems which described Pierrotââ¬â¢s manifold interactionsRead MoreThe Omnivore s Dilemm A Natural History Of Four Meals1367 Words à |à 6 PagesThe Omnivoreââ¬â¢s Dilemma, Michael Pollan explores the majority of these options and offers a sort of guide on how to make a choice. The UC Berkeley Graduate School journalism professor takes us on an eye-opening ride with this book where we find out horrifying truths on the ingredients of the foods we eat every day and whether our choices benefit our bank accounts more than they do our health and the earth. The book is divided into three sections with each section focused on the major players in our dietRead MoreA Brief Note On Death Penalty And Capital Punishment1472 Words à |à 6 PagesMerna V. Kostandy 900161132 RHET 1010-28 Essay 2/ Final Draft Dr. Yasmine Soheim November 24, 2016 Justice Unaccomplished by Death Penalty There are certain crimes which are often categorized as the unforgivable ones; murder, rape and treason. These crimes that result in death penalties are known as capital crimes or capital offences (Capital punishment). Some governments believe that those who are guilty with these capital crimes do not deserve to live another day and should be punished by deathRead MoreHitler in Power Essay1719 Words à |à 7 PagesParty. Hitler was not to happy about this assignment. He thought it would not be worth it to even go. The group mainly discussed the countries problem and how the Jews, Communists, and others were threatening the master race and offered their own solutions. Hitler was bored by the meeting until a man stood up and claimed that Bavaria should separate from Germany. Thus, Hitler spoke up and argued that Germany and its people must unite into one to survive. His natural ability to speak impressed the leaderRead MoreThe Holocaust And The Bosnian Genocide1784 Words à |à 8 P agesorder, but they generally all occur in this sequence. The first stage is ââ¬Å"classificationâ⬠. This is basically when countries classify themselves and draw a line between each other. Divisions of ethnicity or race cause hatred and discrimination. The next step would be ââ¬Å"symbolizationâ⬠. This could be described as associating the different people with certain qualities, or describing them in certain ways. It is like having a general image of a group of people. This leads into the third stage, ââ¬Å"dehumanizationâ⬠Read MoreThe Bride of Frankenstein Essay1745 Words à |à 7 Pagesco-operate with Dr Pretoriuss idea. In Frankensteins old laboratory they finally give life to their new creation, a woman made from dead body parts. The bride is so shocked by the Monsters horrible appearance that she rejects him. This final disappointment is too much for the Monster to take and he destroys Pretorius, the Bride and himself. Before the building collapses he proclaims, You live! We belong dead! and sets Frankenstein free to rejoin his wife Elizabeth. Read MoreThe Rescuers And Aid For Jews During The Holocaust2236 Words à |à 9 Pagesin the Occupied Territoriesâ⬠on September 21, 1939. This memo articulates the conditions for Jewish concentration in ghettoes, as well as the implementation of the Jewish Council to oversee each ghetto. In it, Heydrich refers to a ââ¬Å"final aim,â⬠namely the Final Solution. The Einsatzgruppen were authorized as mobile killing units, who started by killing just men but ended indiscriminately killing Jews as enemies of the Nazi regime, until the camps became a more convenient, effective and emotionally
Wednesday, May 6, 2020
Essay about Mary Shelleys Frankenstein - 1317 Words
Mary Shelleys Frankenstein Frankenstein was written in the 18th century by the romantic writer called Mary Shelley. The key events in this novel symbolize Mary Shelleys problems in real life, in one way or another. The novel starts with a man called Walton, who is venturing to the North Pole. On his way, he is shipwrecked and he comes across Victor Frankenstein, who is the protagonist in the book. Victor relives his story to Walton about what he did, which emphasizes the story within a story narrative. Frankenstein tells us about the tragic loss of his mother, which was the main issue that motivated him to give life. We also learn about the love of his life, whom is Elizabeth which heâ⬠¦show more contentâ⬠¦Walton finishes the story with Frankenstein and the monster dying side by side. The key events in chapter five are the rejection and the sudden shock of the monster by Frankenstein, the breakdown and recovery of Frankenstein and the realisation of the letters that were sent by Elizabeth to Frankenstein and never replied to. Mary Shelley shows this very explicitly by the way she uses her choice of words. Her language in this particular chapter is showing the emotion and the suffering that Frankenstein is going through, which includes the pain that he felt when viewing the creature for what he really was. Along with her language, she also uses imagery. An example of imagery, is when stated on page 56 sometimes my pulse beat so quickly and hardly that I felt the palpitation artery; at others, I nearly sank to the ground through languor and extreme weakness. This shows that his pulse was beating so fast that he was getting weak. Another quote would be The porter opened the gates of the court which at had night been my asylum and I issued into the streets pacing t hem with quick steps as if I sought to avoid the wretch whom I feared every turning of the street would present to my view. This shows us that he feared of what his creature had become, vile and ugly and also to his eyes very evil. Her imagery is also used to reveal Frankenstein opening sentence in the introduction of chapterShow MoreRelatedMary Shelleys Frankenstein1689 Words à |à 7 PagesGreat Expectations Fathers and Son, Frankenstein. The novel I have chosen to discuss is Frankenstein. Written in 1818 by Mary Shelley, Frankenstein is classified as a gothic novel, however, Shelly uses both realist and non-realist techniques. I will be looking at her reasons for writing the novel and what influenced her, as well as the realist and non-realist techniques used. I will be looking at some of the contemporary social issues that affected Shelleyââ¬â¢s life at the time she wrote her novelRead MoreMary Shelleys Frankenstein1179 Words à |à 5 Pagesbecome determined to perfect at what they do. They eventually become tragically doomed through creating their own individual moral codes by struggling with their internal battles within their minds. Mary Shelley presents us the first persona of a romantic hero through Victor Frankenstein in her book Frankenstein. Shelley fabricates Victor as the main narrator throughout the book, along with Captain Walton and the creature, which Victor creates. Another hero during the Romant ic era is the Ancient MarinerRead MoreMary Shelleys Frankenstein Feminism1429 Words à |à 6 PagesRobert Youshock Prof. Matthew Gerber HIST 1012 10/19/18 Mary Shelleyââ¬â¢s Frankenstein: Feminism before it was mainstream? Writing a paper on the topic of Frankenstein days before Halloween might give you the wrong idea- lets clear something up straight away Frankenstein is the doctor not the monster and the monster doesnââ¬â¢t have a name (which we later learn is mildly important to the story). You see, Mary Shelleyââ¬â¢s Frankenstein is arguably a story of creation, murder, love, and learning amongst manyRead More Mary Shelleys Frankenstein Essay929 Words à |à 4 PagesMary Shelleys Frankenstein The characterization of Victorââ¬â¢s creature, the monster, in the movie although somewhat dramatically different from Mary Shelleyââ¬â¢s portrayal in the novel Frankenstein also had its similarities. Shelleyââ¬â¢s views of the monster were to make him seem like a human being, while the movie made the monster out to be a hideous creation. The creatureââ¬â¢s appearance and personality are two aspects that differ between the novel and movie while his intellectual and tender sidesRead More Mary Shelleys Frankenstein Essay1312 Words à |à 6 PagesMary Shelleys Frankenstein In order to illustrate the main theme of her novel ââ¬Å"Frankensteinâ⬠, Mary Shelly draws strongly on the myth of Prometheus, as the subtitle The Modern Prometheus indicates. Maurice Hindle, in his critical study of the novel, suggests, ââ¬Å"the primary theme of Frankenstein is what happens to human sympathies and relationships when men seek obsessively to satisfy their Promethean longings to ââ¬Å"conquer the unknownâ⬠- supposedly in the service of their fellow-humansâ⬠. ThisRead More Mary Shelleys Frankenstein Essay1622 Words à |à 7 PagesMary Shelleys Frankenstein Nineteen-year-old Mary Shelley didnââ¬â¢t know when she began it that her ââ¬Å"ghost storyâ⬠would become an enduring part of classic literature. Frankenstein is an admirable work simply for its captivating plot. To the careful reader, however, Shelleyââ¬â¢s tale offers complex insights into human experience. The reader identifies with all of the major characters and is left to heed or ignore the cautions that their situations provide. Shelley uses the second person narrativeRead MoreEssay on Mary Shelleys Frankenstein1643 Words à |à 7 PagesMary Shelleys Frankenstein In 1818 a novel was written that tingled peopleââ¬â¢s minds and thrilled literary critics alike. Frankenstein was an instant success and sold more copies than any book had before. The immediate success of the book can be attributed to the spine-tingling horror of the plot, and the strong embedded ethical message. Although her name did not come originally attached to the text, Mary Shelley had written a masterpiece that would live on for centuries. Read MoreEvil in Mary Shelleys Frankenstein1462 Words à |à 6 PagesMary Shelleys Frankenstein is very much a commentary on the Enlightenment and its failure to tame the human condition through reason. The human condition can be defined as the unique features which mold a human being. The creature is undoubtedly a victim of this predicament. He grapples with the meaning of life, the search for gratification, the sense of curiosity, the inevitability of isolation, and the awareness of the inescapability of death. These qualities and his ceaseless stalking of hisRead MoreMary Shelleys Frankenstein Essay1086 Words à |à 5 Pages Mary Shelley wrote the book Frankenstein sometime in the 1810s. She was born in London in 1797 (Biography). Her mother was an author of prime literary stock who was trying to encourage women to pursue their ideas and strive to earn the status as equals. The Scientific and Industrial Revolutions that were taking place around Mary Shelley certainly influ enced her while she was writing the book. The creation of machines and experiments at the time made people wonder what the limit of human technologyRead MoreMary Shelleys Frankenstein Essay846 Words à |à 4 Pages Shelleyââ¬â¢s Frankenstein does an excellent job at demonstrating the ideas and accomplishments of the enlightenment period. Shelly expresses these ideas and thoughts through the character of Victor Frankenstein who is an aspiring scientist seeking an intellectual challenge. Victor Frankenstein live s his hometown of Geneva and leaves in quest of a valued education in Ingolstadt. When Victor arrives at college he is lonely and finds himself in a new world in which he lives by himself. He than meets
Decision Making Case Study Essay - 1483 Words
Decision Making Case Study HCS/514 Managing in Todays Health Care Organizations Instructor: Darlene Cantu Camille F. Fuller Decision Making Case Study Health care is one of the largest growing industries in the country. Technology and medical advancements attribute to the constant changes in the health care industry. The economy also continues to change, and with the changing economy health care cost continue to rise. Companies across the nation have either closed or moved to other countries. El Paso County Clinic is struggling to keep the doors open. Buduget cuts have affected the clinic tremendously. The El Paso County Clinicââ¬â¢s budget has been cut by 15%. The population affected by the budget cuts are Medicaid recepients.â⬠¦show more contentâ⬠¦Can the clinic operate under shorter office hours? Step 2, after framing the questions is finding sources of information. After carefully examining the information concerning the budget cuts, the team will make a list of avenues to investigate to gather necessary information. Each question asked should have evidence based information from creditable sources. The information can come from employees, patients, suppliers, and the surrounding community. ââ¬Å"The focus of the Informed Decisions Toolbox is on finding research evidence. Colloquial evidence can be obtained from the experience and judgment of colleagues, friends,customers, suppliers, and others. Information provided in organizational reports, trade journals,strategic planning sessions, offsite retreats, office meetings, and other settings may provideuseful colloquial evidenceâ⬠(Rundall, 2007 pg 335). Step3-5 consist of evaluating the evidence found to support the questions to support the informed decision. The accuracy of the information gives the team a base for making a good decision. The information should be applicable to the questions asked by the team. Information that is not applicable is not relevent, therefore hinders the informed decision. The information gathered by the team should be able to be put into action. The actionable information should be able to give the team projected outcomes within set timelines. When the team evaluates the information the team should also assess eachShow MoreRelatedDecision Making Case Study1281 Words à |à 6 PagesDecision-Making Case Study HCS/514 Decision-Making Case Study The current state of the economy has had a significant impact on health care across the country. Recipients of Medicaid services have especially been hit hard in the health care arena with budget cuts and reduced services. The Maricopa County Clinic is not different when it comes to budget cuts. The department providing outpatient services to Medicaid clients has received a 15% budget cut. The current budget constraintRead MoreDecision Making Case Study Essay1189 Words à |à 5 PagesDecision Making Case Study Nadine Ranger Week 3 HCS/514 August 23, 2010 Sara Brown Decision-Making Case Study Effective decision-making is a major component in managing an organization, resources, and staff members. à Managers make important decisions daily that affect the operations, quality, and success of their organization. à Instituting evidence informed decision-making is a growing concept among health care organizations, but managers faceRead MoreDecision Making Case Study Essay893 Words à |à 4 PagesDecision Making Case Study Stefanie Parker HCS/514 June 24, 2011 Kendra Slatton Decision Making Case Study The standard definition of decision making is; the process of mapping the likely consequences of decisions, working out the importance of individual factors and choosing the best course of action to take (Definition of decision,). In this case study effective decision making tools will be used to choose the best course of action to take in the scenario. The scenario is; as aRead MoreGroup Decision Making : A Case Study1032 Words à |à 5 Pages Group Decision Making: A case study Kashyap Pd. Marahatta BUS 540 Organizational Behavior Professor: Shirley Chuo Westcliff University 11/10/2016 ââ¬Æ' Abstract This paper will be analysing the case of ââ¬Ëthe outstanding faculty awardââ¬â¢, which is adapted from a case by David J. Cherrington of Brigham Young University. It will try to show what problems in team likely cause the team in taking a wrong or ineffective decision taking the case of Brigham Young University as a base. This paper would also tryRead MoreCase Study : Ethical Decision Making2110 Words à |à 9 Pages Module 1 Assignment 3: Case Study: Ethical Decision Making April Culberson Argosy University Module 1 Assignment 3 Summarized the behavior you consider unethical and unprofessional in the case study. Substantiated the analysis with reasons After reading the case study, it becomes apparent the many questionable behaviors Joe commits while counseling Jill. First is his reaction towards Jillââ¬â¢s confession concerning sexual confusion about being attracted to other women. Joeââ¬â¢s expression (shockedRead MoreManagement: Decision Making and Case Study3581 Words à |à 15 PagesFaculty of Business, Economics Accounting Department of Business Studies HELP Bachelor of Business Year 1 (HONS) ââ¬â HUBBU CASE STUDIES Semester 1, 2011 Subject: MGT 101 Principles of Management Subject Lecturer/ Tutor(s): Puan Norzan Abdullah ANALYZING A CASE STUDY STAGE 1: QUICKLY GO THROUGH THE GENERAL SCENARIO PRESENTED TO GAIN A GENERAL UNDERSTANDING OF THE SITUATION. ï⠷ Underline/highlight information which may indicate problems exist STAGE 2: EXAMINE THE QUESTIONS CAREFULLY ï⠷ Read theRead MoreEthical Decision-Making: Case Studies648 Words à |à 3 PagesDecision point: What would you do? In Scenario 1, I would return the iPod to the schools lost and found or post a notice advertising a found iPod in the school newspaper (it would be easy enough to identify the legitimate owner, as I would merely ask the respondent to identify the songs on the playlist). The fact that I liked some of the songs and that no one saw me find the iPod is no relevance. On a deontological moral level, it is wrong to take something valuable I know is not mine, and ifRead MoreCase Study : Contingency Behavior : Decision Making1095 Words à |à 5 PagesWeekly paper 7: Contingency-behavior: Decision Making: Viren Kheni Decision-making is the study of identifying and choosing alternatives based on the values and preferences of the decision maker. Making a decision implies that there are alternative choices to be considered, and in such a case we want not only to identify as many of these alternatives as possible but to choose the one that best fits with our goals, objectives, desires, values, and so on. *(Harris (1980)) In the last session we discussedRead MoreReflective Case Study : The Decision Making Process Essay1869 Words à |à 8 PagesReflective Case Study Essay In everyday work practice, nurses make clinical decisions, which need to be appropriate every time for quality of nursing care and patient safety. Such unflawed decisions can be taken following the clinical reasoning cycle or the CR cycle, utilizing critical thinking and clinical reasoning skills (Levett-Jones, 2012). The aim of the essay is to describe the decision-making process, which relates to a patient during the BN clinical placement. The essay would evaluate allRead MoreCase Study : Ethical Decision Making Process Essay2104 Words à |à 9 PagesSection 4- Ethical decision making process: 1. Explain the ethical decision making process: To make an ethical decision, it is necessary to perceive and eliminate immoral options and select the best and ethical alternative. It is a process of choosing the best ethical option among the alternatives. For moral decision making process, some requirements should be followed: Commitment: Make commitment to do the right thing regardless any cost. Consciousness: Awareness about the action takes place
Understanding Research With Children And Young People
Questions: 1.1 Explain why effective communication is important in developing positive relationships with children, young people and adults 1.2 Explain the principles of relationship building with children, young people and adults 1.3 Explain how different social, professional and cultural contexts may affect relationships and the way people communicate 2.1 Explain the skills needed to communicate with children and young people 2.2 Explain how to adapt communication with children and young people for: a) the age of the child or young person 2.2 Explain how to adapt communication with children and young people for: b) the context of the communication 2.2 Explain how to adapt communication with children and young people for: c) Communication differences 2.3 Explain the main differences between communicating with adults and communicating with children and young people 2.4 Explain how to adapt communication to meet different communication needs of adults 2.5 Explain how to manage disagreements with children, young people and adults 3.1 Summarise the main points of legislation and procedures covering confidentiality, data protection and the disclosure of information 3.2 Explain the importance of reassuring children, young people and adults of the confidentiality of shared information and the limits of this 3.3 Justify the kinds of situation when confidentiality protocols must be breached. Answers: 1.1 Explain why effective communication is important in developing positive relationships with children, young people and adults. Effective communication is critical to developing patterns of positive relationships with people of varied age groups. The enhancement of communication between people increases their self-disclosure that reciprocally leads to the configuration of positive motivation and hope among the individuals (Guerrero, et al., 2014, pp. 131-132). This enhancement of self-disclosure takes place gradually with consistent communication as evidenced by social penetration theory (Croucher, 2016, p. 54). The development of interpersonal relationships between individuals primarily depends on the patterns of their orientation with each other. This orientation remains superficial at the initial stage of communication; however, the exploratory phase of social penetration comes into the picture as and when individuals informally share extra information about themselves as well as their families. Furthermore, stable interchange of information between young individuals and children results in the development of healthy relationships through open communication. Evidence-based research literature advocates the contention attributing to the enhancement of psychosocial potential of young children with the development of positive relationships through effective communication (Walton Goddard, 2012, p. 140). This further leads to the enhancement of their well-being and social development. The development of positive relationships with children particularly requires the acknowledgement of their thoughts, perceptions, feelings, contentions and ideas while respecting their opinions with a positive approach. However, high level of non-verbal and verbal communication skills required for effectively understanding the thought process of people of different age groups in the context of configuring positive relationships with them across the community environment. 1.2 Explain the principles of relationship building with children, young people and adults. Principles of relationship building warrant the effective inclusion of young individuals and children in various research activities while providing them opportunities to express their views and conclusions on various societal matters (Clark, et al., 2014, pp. 70-72). The recognition of facial expressions, body language and individual gestures results in attaining insight regarding the unspoken assertions (of children and young individuals) that facilitate the process of the development of trust and empathy leading to the establishment of healthy psychosocial relationships. The evaluation of the families of children and adults helps in efficiently tracking their social environment and resilience capacity in the context of assisting the vulnerable individuals challenged with the difficult familial circumstances (DeBell, 2016, p. 124). This community assistance results in the development of dynamic relationships with the young individuals across the community environment. Treatment of individuals with respect and dignity while evaluating their expectations helps in effectively engaging them in various learning processes that reciprocally results in the development of trust with youngsters and adults (Edmond Price, 2012, pp. 146-149). This establishment of trust serves as a building block in configuring long-term relationships with the individuals. Furthermore, the organization of societal events and cultural activities and engaging the youngsters and adults in these happenings motivates them towards attaining self-development that resultantly leads to the establishment of fruitful relationships with these individuals. 1.3 Explain how different social, professional and cultural contexts may affect relationships and the way people communicate. Evidence-based research literature advocates the findings attributing to the influence of behavioural and social patterns among individuals of various age groups in the extent of their interpersonal relationships (Mikami, et al., 2010). Furthermore, the effect of the engagement of young adults with the social networking sites influences their interpersonal relationships in the context of cross-situational continuity. The positive influence of supportive comments by various peer groups through social networking improves the relationship patterns between individuals across the community environment. The profession of individuals exhibits positive and negative influences on the communication patterns and interpersonal relationships between the individuals. The individuals of various age groups while working together develop the patterns of symmetrical and complementary communication at workplace. This results in the extension of support between people; however, the differences in indivi dual values, contentions and beliefs among individuals on the other hand prove to be the biggest hindrances in establishing healthy relationships for a longer tenure (Dainton Zelley, 2015, p. 70). Furthermore, the cultural influences on the values of individuals evidently affect their emotional control that reciprocally drives their communication process leading to variation in interpersonal relationships (Mauss Butler, 2010). Research findings elaborate the contention attributing to the variation in desire of individuals in seeking professional assistance (for accomplishing personal requirements) in the context of their psychosocial and cultural differences (Mojaverian, et al., 2013). This difference in the behavioural attitudes of people considered as a direct function of culturally induced patterns of interpersonal relationships between the individuals. 2.1 Explain the skills needed to communicate with children and young people. Developing effective patterns of communication with children and young individuals requires the acquisition of professional attitude and style for establishing healthy relationships with them across the community environment. The recognition of words pronounced by children helps in understanding their feelings and thoughts while evaluating their perceptions during the communication process (Glasper, et al., 2015, p. 61). The anxiety and protective attitude of children requires an understanding in the context of developing dynamic relationships with them through the process of communication. The investment of considerable time with children highly required for understanding their circumstances and evaluating the impact of environmental influences on their behaviour and development. Maintaining effective eye contact with traumatized children and utilization of non-verbal communication style helps in establishing a therapeutic relationship with them across the community environment. The organization of various play activities for children facilitates the increase in their attention to the communication process leading to their psychosocial and behavioural enhancement. The utilization of symbolic, visual and culturally meaningful communication channels assists in cognitive enhancement of children and young individuals (Ross, 2011, p. 47). These effective communication channels utilize the activities attributing to arts and craft, writing, poetry, role-plays, questionnaires and computer games for effectively engaging with the youngsters for a consistently longer tenure. 2.2 Explain how to adapt communication with children and young people for: a) The age of the child or young person Initiation and establishment of effective communication patterns with children and youngsters require overcoming the age barrier while adjusting the line of communication for attaining the desirable outcomes. Unexpressed responses of children attributing to compassion, disgust, anger, sadness, hopelessness, relief and shock require considerable tracking through verbal and non-verbal communication for mitigating the feeling of neglect and negativity across the community environment (Winter, 2011, p. 47). The practice of physical contact and providing reassurance to the younger individuals initiates the feeling of safety within them as they continue to communicate with their friends and peers. Furthermore, utilization of humour and patterns of active listening during communication with the youngsters of various age groups helps in establishing their trust and confidence that lead to their psychosocial enhancement (Dunhill, et al., 2009). Interaction with preschool children through the storey telling activity motivates them considerably in terms of actively participating in the process of communication. Praising the children in the context of enhancing their social skills through verbal communication assists them in fearlessly sharing their opinions, interests and perspectives during the communication session. The communication with older children needs modification in such a manner as to make them aware regarding their increasing responsibilities in accordance with their age enhancement across the community environment. 2.2 Explain how to adapt communication with children and young people for: b) The context of the communication. The patterns of communication with children and young individuals require effective modification in accordance with the situational context and social circumstances faced by the target population. Furthermore, the location of communication requires transforming the tone of communication to a comfortable level while caring them throughout the interactive process at the designated location. Evidence-based research literature considers noise as the biggest hurdle in undertaking effective communication with the individuals (Reid Burton, 2013, p. 154). Therefore, communication needs modification and adjustment in accordance with the levels of noise at the location of communication to surpass its deleterious effects during the interactive process. The communication with youngsters preferably requires undertaking at a location where they can efficiently focus on the engagement activities while surpassing the possible situational distractions for enhancing their educational proficiency acro ss the community environment. 2.2 Explain how to adapt communication with children and young people for: c) Communication differences. Communication differences between children and youngsters require effective mitigation with the practice and implementation of relaxation techniques during the process of communication. This assists in the configuration of a comfortable environment facilitating the unreserved expression of thoughts among the young individuals. Communication processes incorporating the conceptualization and thinking assists in the relationship enhancement with youngsters. Children affected with speech disorders require more time for expressing their concerns and the facilitators should not express perceptions of these children in an irrational manner in the absence of their desirable participation in the interactive process. Pictorial representation of expressions in front of children assists in identification of their emotions and effective communication of feelings leading to their behavioural development (Solomon O'Brien, 2016, p. 382). The evaluation of the mindsets and psychology of children and youngsters is of paramount importance in identifying their interactive skills for effectively modifying the patterns of communication in the context of establishing healthy therapeutic relationships with them across the community environment. 2.3 Explain the main differences between communicating with adults and communicating with children and young people. Clear and concise language patterns require effective utilization while communicating with adults to facilitate thorough transfer of information to the target population. Protecting the individual rights and dignity of adults and older individuals highly warranted while communicating with them during the interactive process (Storlie, 2015, p. 77). Sustenance of professionalism while initiating communication with adults is required for establishing healthy psychosocial relationships with them across the community environment. The utilization of verbal as well as non-verbal skills through effective body language assists in empathising with the adult population and enhancing their prolonged participation in the communication process. Respecting the thought process of adults while ascertaining the confidentiality of shared information facilitates the enhancement of trust and confidence (of adults) on the facilitators of communication. Communication with youngsters and children requires the use of simple phrases and word techniques while giving them the opportunity to participate in the interactive session. The facilitators of communication require good listening skills while interacting with children and adults. Facilitators of communication should allow children to give positive answers in response to the questions during the interactive process. Contrarily, facilitators must also promptly respond to the questions of children while utilizing easy language for enhancing the length and outcomes of communication. The communication process must begin in a supportive environment to facilitate hassle free interactive process. 2.4 Explain how to adapt communication to meet different communication needs of adults. The difficulties faced by young individuals, children and adults require thorough exploration in the context of adapting effective communication patterns for establishing dynamic professional relationships with these individuals. The identification of psychosocial and cognitive deficits of adults required (for facilitators) in implementing appropriate interactive methodology to facilitate the process of communication. Physical disabilities and requirements of adults need consideration while initiating the communication process for mitigating the gaps during transfer of information through interaction. Utilization of pictures, snapshots, signs and symbols during the interactive process helps the people with impaired hearing to identify and understand the flow of information. Slow and consistent conversation maintains the interests of adults as they communicate and share information related to their subject of interest. Repeated paraphrasing of the shared information with elderly indiv iduals while utilizing their pet names assist in establishing patterns of healthy communication with them across the community environment (Touhy Jett, 2016, p. 66). Utilization of question like statements with older people and slow speaking of simple and short sentences facilitates the error free flow of information between the facilitators of communication and the elderly individuals. 2.5 Explain how to manage disagreements with children, young people and adults. Disagreements with people of various age groups require an undertaking in a positive context while considering them as normal human outcomes following the differences in thought processes of individuals. Disagreements arising from interpersonal conflicts require exploration of their causes while allowing individuals for sharing their contentions and perceptions to mitigate the state of disagreement. Implementation of organized approaches required while addressing disagreements between people particularly at the workplace. Initiation of uninterrupted conversation by people required for understanding the situational dilemmas for their strategic resolution. Inviting people at lunch and interacting with them while sharing meals keep them at ease as they continue to share their disagreements with minimum confrontation (Fina, 2009, p. 272-278). Facilitating compromise, following the resolution of disagreements between people mitigates the bitter situation and leads to the resumption of bon ding between people across the community environment. The identification of emotional basis of conflicts between people helps in developing psychosocial strategies for controlling their inappropriate behaviour following the state of disagreement. 3.1 Summarise the main points of legislation and procedures covering confidentiality, data protection and the disclosure of information. Confidentiality protocols related to data protection warrant accessibility of authorized persons to the confidential records of individuals. The sharing of confidential information remains restricted in the absence of informed consent by the concerned individual. Under certain special events or circumstances, the confidential information shared between the authorities without taking informed consent from individuals for mitigating their potentially elevated risk across the community environment. The private and confidential information about individuals remains protected with the data protection act of 1998 that does not allow the transfer of health related information about individuals to any unauthorized agency or institution under normal circumstances. The protection act gives privilege to individuals in terms of owning their confidential personal information and prohibiting its sharing with any other entity without attaining the written informed consent of the concerned individua l (Lewis Thornbory, 2010). Furthermore, sensitive personal information attributing to marital status, occupational health, ethnic origin, religion and criminal records of individuals governed by more stringent legislation following the data protection act. Data protection guidelines allow the uninformed sharing of data by legal authorities for lawful purposes. The data must also remain concise and should serve the purpose of its recording. Unnecessary information irrelevant to the purpose requires bypassing for avoiding legal discrepancies. 3.2 Explain the importance of reassuring children, young people and adults of the confidentiality of shared information and the limits of this. The individuals of various age groups during the process of communication require reassurance in the context of the security of their confidential information shared during the interactive session. This confidential information requires lawful utilization in accordance with the stipulations of data protection act under special circumstances for a pre-specified duration. The right to privacy of confidential information of individuals results in the establishment of their trust and confidence on various societal and law enforcement agencies across the community environment. The non-disclose in this information keeps the individuals at minimum risk as their dignity and identification remains preserved while they continue to share their private information with the sole purpose of accomplishing various psychosocial and community objectives. 3.3 Justify the kinds of situation when confidentiality protocols must be breached. Although data protection conventions do not allow adults to share the information of children and young individuals with any other entity; however, under certain situations these confidentiality protocols require violation from the adults when they have to share the confidential information to the respective legal agencies. In cases of child abuse by family, the adults associated with the child at school require effectively communicating the confidential information of the child to the legal point of contact in the context of avoiding the predisposition (of child) towards experiencing significant physical or psychosocial harm following the home abuse. Furthermore, the tracking of evidences related to child abuse by caretakers at school also requires escalating confidential information to the legal authorities in the context of tracking the culprits for rescuing the child from inhuman conduct under adverse circumstances across the community environment. Similarly, to facilitate any po lice investigation the school authorities might share the demographics and pictures of the child in the absence of parental consent in accordance with the legislative statutes. References Clark, A., Flewitt, R., Hammersley, M. Robb, M., 2014. Understanding Research with Children and Young People. London: Sage. Croucher, S. M., 2016. Understanding Communication Theory: A Beginner's Guide. New York: Routledge. Dainton, M. Zelley, E. D., 2015. Applying Communication Theory for Professional Life: A Practical Introduction. London: Sage. DeBell, D., 2016. Public Health for Children. 2nd ed. Florida: CRC. Dunhill, A., Elliott, B. Shaw, A., 2009. Effective Communication and Engagement with Children and Young People, their Families and Carers. UK: Learning Matters. Edmond, N. Price, M., 2012. Integrated Working with Children and Young People: Supporting Development from Birth to Nineteen. London: Sage. Fina, M. A., 2009. Perspectives on Managing Employees. USA: Cengage. Glasper, A., Coad, J. Richardson, J., 2015. Children and Young People's Nursing at a Glance. UK: Wiley Blackwell. Guerrero, L. K., Andersen, P. A. Afifi, W. A., 2014. Close Encounters: Communication in Relationships: Communication in Relationships. 4th ed. UK: SAGE. Lewis, J. Thornbory, G., 2010. Employment Law and Occupational Health: A Practical Handbook. UK: Wiley-Blackwell. Mauss, I. B. Butler, E. A., 2010. Cultural Context Moderates the Relationship Between Emotion Control Values and Cardiovascular Challenge Versus Threat Responses. Biological Psychology, 84(3), pp. 521-530. Mikami, A. Y. et al., 2010. Adolescent Peer Relationships and Behavior Problems Predict Young Adults' Communication on Social Networking Websites. Dev Psychology, 46(1), pp. 46-56. Mojaverian, T., Hashimoto, T. Kim, H. S., 2013. Cultural Differences in Professional Help Seeking: A Comparison of Japan and the U.S. Frontiers in Psychology. Reid, J. Burton, S., 2013. Safeguarding and Protecting Children in the Early Years. London: Routledge. Ross, J. W., 2011. Specialist Communication Skills for Social Workers: Focusing on Service User's Needs. United Kingdom: Palgrave MacMillan. Solomon, J. W. O'Brien, J. C., 2016. Pediatric Skills for Occupational Therapy Assistants. 4th Edition ed. Missouri: Elsevier. Storlie, T. A., 2015. Person-Centered Communication with Older Adults: The Professional Provider's Guide. London: Elsevier. Touhy, T. A. Jett, K. F., 2016. Ebersole Hess' Toward Healthy Aging: Human Needs and Nursing Response. 9th ed. Missouri: Elsevier. Walton, A. Goddard, G., 2012. Supporting Every Child. 2nd ed. London: Sage. Winter, K., 2011. Building Relationships and Communicating with Young Children: A Practical Guide for Social Workers. USA: Routledge.
Money Market Treasury Report
Question: Describe about the nature of Money Market? Answer: Introduction: Money market is the part of the fiscal market which deals with the fiscal instruments. In the money market, it deals with short term maturities and with very much liquidity in the fiscal market. The money markets are one of the safest places to invest the money. The securities of money market is mainly content of Treasury bills, federal funds, certificate of deposits, repurchase agreements, municipal notes, bankers acceptance and commercial paper. In this research analysis, the analyst studies the nature of the money market, the interest rates of the money market and the different strategies used during the trading by the investors in the money market. The nature of Money Market: The investors in the money market can trade in the money market. The investor in the money market can buy securities and sell securities according to the investors state of mind. The investors can borrow the money and can lend the money in the money market. The money market is mainly known as the short term market. This is because the trading in the money market is for a very short term period (Von Mises, 2013). The investor should trade for less than one year in the money market. If the trader in the money market traded for more than one year then, the market is known as capital market or fixed interest market. Functions of the money market: The money market is a technique where the transfer of funds are traded and has urbanized to make the trading a muscular scale of consistency and security. The most essential function of money market is the trading of funds which is short term from the surplus units to the shortfall units. The other function of the money market is the method of raising the fund which is in short term by the Government of the country. This is a crucial technique of implementing the financial policy of the country. It can also help in determining the structure of rate of interest of the country. Major participants in the Money Market: The Central Bank: The central bank plays an important role in operating the money supply and the intensity of the rate of interest. The central bank all over the world execute on the policy, predominantly in fiscal policy. The economic policy of the Government mainly aims at the growth of economics, external balance, full employment and the stability of price (Vogel, 2010). The Commercial Bank: The commercial bank always accepts the deposits and arranges loans of the peoples and also for the companies who want to take loans from the market. It also supplies resources of funding for the Government by purchasing the securities of the Government (Schwager, 2012). It also helps in raising the funds in the companies and to the persons by straight financing. Merchant Banks: In the money market, Investment bank also participates in trading. The participation of commercial bank in the money market by affording a wide array of fiscal forces for cost and commissions. The merchant bank always accepts the short period loans and the fixed deposits. Finance Companies: The finance companies always take part in various activities. One of the activities of the finance companies is to provide finance in leasing and by hire purchasing. It also takes part in investing and in the portfolio management. But finance company loves to play in long term activities mainly in the capital market (Schwager, 2012). It should also participate in the short term activities to get more finance and to control the liquidity. Interest Rates: There are different types of interest rates in the money market. They are: a) The borrowing funds cost b) The lending funds rate of interest. c) Time value of monetary value. d) The cost of opportunity of holding monetary value. Interest rate is usually viewed as the price of funds that are borrowed from the lender. When the borrower borrows some amount of money from the lender, the lender gets interest on the borrowing amount. The interest paid by the borrower to the lender on certain interest rates. The interest rates are calculated on the principal amount that is the borrowing amount. Interest Rate Calculations: The time value of the monetary value shows the variation of money in the present value (PV) and the future value (FV) of the money (Schmidt, 2011). The variation of money is presented by the interest amount (I) paid by the borrower. FV = PV + I Simple Interest: The term simple interest is also known as the flat interest. The simple interest or flat interest is calculated on the principal amount that is the borrowing amount, borrowed by the borrower from the lender (Hur, 2005). The formula of simple interest is calculated by: I = PV * i * t Where, i is the annual interest rate t is the term of the investment in years and the formula for the future value, based on simple interest can be derived as follows: FV = PV + I = PV + (PV * i * t) = PV (1 + it) Assume $200 is invested today for 6 years at 6 % simple interest: I = PV * i * t = 200 * 6 * 0.06 = 72 FV = PV + I = 200 + 72 = 272 Alternatively, using the formula for the future value: Fv = PV (1 + it) = 200 (1 + 0.06 * 6) = 200 * 1.36 = 272 In the money market, the technique simple interest is used if the borrowing money is less than twelve months. Compound Interest: Compound interest is another technique for calculating the interest amount like simple interest. The compound interest is also calculated on the principal amount that is the borrowing amount, borrowed by the borrower from the lender (Faltin, Fleischmann and Feuerle, 2013). The formula of compound interest is calculated by: FV = PV (1 + i)t If the compound period is more than one in the year then the equation will be, FV = PV (1 + i/m)t * m Here, m is equal to the total number of compound periods in a year. i / m is equal to the rate of interest per compounding period. t * m is equal to the total number of compounding periods. To calculate the future value in the compound interest is FV = PV (1 + r)n Here, r is equals to the rate of interest per compounding period N is the total number of compounding periods. Nominal and Effective / Comparative Interest Rates: The comparative rate is also known as the effective interest. The comparative rate of interest is calculated if the compounding period is more than one year. It is very much essential to compute the rate of interest and to compare the rate of interest with various compounding periods (Homer and Sylla, 2005). The formula used to find the Nominal and Comparative Interest Rate is: ie = (1 + i / m)m 1 Discount Rates: Discount rate means the calculation of the total amount of interest paid by the borrower to the lender, which is the variation among the present value of money and the future value of the money (Alonso and Blanco, 2005). The formula used in the discount rates to calculate the interest amount: FV = PV + I = PV (1 + it) The above equation can be arranged in PV = FV / (1 + y * t) Here, y is equal to i which is the yield or the discount rate. The flow of cash that take place more than 1 year, then the formula can be written in: PV = FV (1 + r) n = FV / (1 + r)n The Structure of Interest Rates: The interest rate structure reflects the affiliation among the current various rate of interest in the fiscal system. The structure of interest rate is of two types. They are a) Risky structure of rate of interest. b) Term structure of rate of interest. The fund suppliers always seem to be risk reluctant. It means that the point of risk of a fiscal asset is higher, then the point of return claimed by the trader of cremation is higher. The two fiscal risks which will sway the rate of return by the traders are: a) Liquidity Risk. b) Credit Risk or Default Risk. Liquidity Risk: This type of risk has various prospects which depend on the traders fretful. For the trader, this type of risk should not be traded in the market. In this market, the assets cannot be traded by the investors, so the investor cannot convert the assets in to the cash. Credit Risk: Credit risk is also known as the default risk. The default risk is the risk that the borrower cannot repay the borrowed amount to the lender (Cantwell, 2013). During the year 2007 and 2008, the house mortgage trader cannot repay the borrowed loan to the bank which causes market crash in the USA market. The Graph showing the Singapore interest rate: The next six months interest rate of Singapore: The Different Types of Strategies: The different types of strategies in the money market are mentioned below: Minimum Price Fluctuation: The minimum price fluctuation is legalized on the bottom of the swap is 1 basis point, which is appreciated at $25. One-Month LIBOR Futures: One-month LIBOR futures starts trading on the IMM in the year 1990. The one-month LIBOR contract means the three-month Euro and dollar agreement mentioned in the research, excluding that ending settlement is based on the 30-day LIBOR. Contract decision is like Eurodollar contract for the three months, the LIBOR for one month contract is cash established. Arrangement is based on a speculative principal amount of $3 million. For one-month LIBOR futures Price Quotation and Minimum Price Fluctuation Prices are found as an index almost indistinguishable used in Eurodollar futures for three-month. The index is calculated by subtracting the 30-day futures LIBOR from 100. The smallest amount of price increased is 1 basis point. Final settlement Price: For the one month Libor, the ending agreement price depends on the daily interest rates. Trading Strategies: The traders should have some trading strategies. The trader can invest in the capital market in some shares, bonds or securities when the market price of the shares, bonds or securities are lower in the market (Halsey, 2013). And the trader can sell his or her shares, bonds, securities when the market price gets higher. If the trader follows this strategy while investing and selling in the market, the trader can make a profit from the investment in the capital market. Long Position (Bullish Strategy): The trader should buy the shares, bonds or securities when the market price is getting down. That time the trader should go for the long position that is invest the money in the capital market. After buying the shares at a lower cost the trader should wait for the market to get into the bullish condition (Katsanos, 2008). When the market is in Bullish condition the trader should sell the shares and get into the short position. Short Position (Bearish Strategy): When the trader invested in the capital market and the market price went high and the trader is expecting a fall in the market price, the trader can go into the short position on securities, bonds or shares in the market price to earn a profit (Katz and McCormick, 2000). And can wait for the price to go down in the market. If the market price gets down the trader can again invest the money in the capital market earn a profit. Spread Position: The term spread refers to the continuous purchasing and selling of commodities like shares, bonds or securities. The main aim of the traders to gets into the spread position is to earn a profit from the portfolio made by the traders in the capital market. The difference in price between the long and short position helps the trader to generate profit (Miner, 2009). Time Spread: Time spread is also known as calendar spread and horizontal spread. This is a strategy which involves the buying and selling of call options and put options with the similar strike price but having diverse date of expiration (Schmidt, 2011). If the trader enters into the time spread strategy it decreases the risk of the market. Hedging Strategies: Hedging strategy means when the traders gets into the long position or in the short position in the capital market the trader can use the hedging strategy. When the traders make the portfolio, the traders should keep in mind that from all the securities or the shares, the trader cannot earn a profit. May be the trader may run in loss while investing in the market (Tang and Li, 2007). To minimize the loss the traders should hedge their portfolio with different shares or securities so that the loss from one share gets minimize by making a profit from other securities. Perfect hedge and cross hedge: Perfect hedge is a position which reduces the risk of the market from a portfolio. This perfect hedge is a position which may have hundred percent contrary correlations to its initial position (Schmidt, 2011). Cross hedge means when the trader is in the long position or in the short position of a commodity takes an opposite position of a different commodity. Conclusion: From the above study, the research analyst studied the concept of money market in the financial market. The research analyst also studies the different rates of interest rate imposed in the money market. It also describes the different trading strategies of the money market which gives an idea that how to protect the investors money in the money market so that the investor cannot face loss in the investors investments. The rate of return of the investor is in profit situation. References: Barrow, C. (2013). 30 Day MBA. London: Kogan Page. Cantwell, D. (2013). The Brewers Association's Guide to Starting Your Own Brewery. Lanham: Brewers Publications. Faltin, G., Fleischmann, F. and Feuerle, L. (2013). Brains versus Capital. Berlin: Stiftung Entrepreneurship- Faltin Stiftung. Halsey, D. (2013). Trading the Measured Move. Wiley. Johnson, B. (2010). Algorithmic trading DMA. London: 4Myeloma Press. Katsanos, M. (2008). Intermarket trading strategies. Chichester, England: Wiley. Katz, J. and McCormick, D. (2000). The encyclopedia of trading strategies. New York: McGraw-Hill. Miner, R. (2009). High probability trading strategies. Hoboken, N.J.: John Wiley. Schmidt, A. (2011). Financial markets and trading. Hoboken, N.J.: Wiley. Schwager, J. (2012). Market wizards. Hoboken: John Wiley Sons. Tang, Y. and Li, B. (2007). Quantitative analysis, derivatives modeling, and trading strategies. Hackensack, NJ: World Scientific Pub. Vogel, H. (2010). Financial market bubbles and crashes. New York: Cambridge University Press. Von Mises, L. (2013). The Theory of Money and Credit. New York: Skyhorse Publishing, Inc. Alonso, F. and Blanco, R. (2005). Is the volatility of the EONIA transmitted to longer-term euro money market interest rates?. Madrid: Banco de Espana. Homer, S. and Sylla, R. (2005). A history of interest rates. New york: John Wiley sons, inc. Hur, S. (2005). Money growth and interest rates. Cambridge, Mass.: National Bureau of Economic Research. hnique where the transfer of funds are traded and has urbanized to make the trading a muscular scale of consistency and security. The most essential function of money market is the trading of funds which is short term from the surplus units to the shortfall units.
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