Animal Farm – Corruption of Power

Jonathan Garcia Ms. Abasta English 9, Period 3 March 12, 2009 Corruption Of Power Can power really corrupt a person? Power can corrupt anybody who steps up as a leader, especially when power is unchecked. In Animal Farm, by George Orwell, Snowball and Napoleon fight for the top spot as leader, but on the way they become corrupted. As the animals discover new things and obtain them the pigs cunningly keep it for themselves. Even do Snowball also became corrupted Napoleon showed cruel force and intimidation to the animals to keep his position. Snowball became corrupt at some point during his time in power, but he always had the best interest for the farm. â€Å"Without halting for an instant, Snowball flung his fifteen stone against Jone’s leg (p. 37). † Even do Snowball was injured by Jone’s gun he got up and fought for the farm, animals, and freedom. His bravery in the war showed his true intentions for the animals, while Napoleon just hid and stayed behind. â€Å"At the meetings Snowball often won over the majority by his brilliant speeches (p. 43). † Snowball usually is able to persuade the vote to go his way with intelligence and peeches rather than through cruelty and fear. Snowball usually came up or sided with ideas that benefited the farm in a positive way like the windmill. In the end Snowball benefited the farm in a positive way for the animals, and not abusing his power. Unlike Snowball, Napoleon showed his authority through fear and intimidation. â€Å"When they had finished their confession, the dogs promptly tore their throats out and in a terrible voice Napoleon demanded whether any other animal had anything to confess (p. 75). † Demanding the animals to confess a crime they never had done with force, then illing them puts fear in the rest of the animals causing them to not act out against Napoleon. Also this fear and intimidation puts down the animals making them feel feeble. â€Å"Napoleon himself, majestically upright, casting haughty glances from side to side, and with his dogs gamboling round him (p. 117). † Himself standing up on two feet giving arrogant looks, he puts himself above all others showing he has more power and authority then anyone. Also the dogs surrounding him shows that no one can touch him putting more animals down again. So it shows that Napoleon is able to maintain his ower by putting others below him and putting fear into them. Napoleon was able to keep his power by fear and eliminating the competition, while Snowball used his intelligence and speeches to only have good for the animals he still lost his power. It shows that even do fear and intimidation keep your power its wrong and corrupted. It’s better to have the most sincere interests for the people, and not to put others below you. Snowball seems to be a better candidate as a leader compared to Napoleon’s cruelty. Even the best of people can become corrupted with power and abuse it.

Personal Selling

Personal Selling, relationship building and sales management Personal selling, unlike advertising or sale promotion, involves direct relationships between the seller and the prospect or customer. In a forma sense, personal selling can be defined as a two-way flow of communication between a potential buyer and a salesperson that is designed to accomplish at least three tasks: (1) identify the potential buyer’s needs; (2) match those needs to one or more of the firm’s products or services; (3) on the basis of this match, convince the buyer to purchase the product.Finally, it is a complex communication process, one still not fully understood by marketers. Importance of personal selling The importance of the personal selling function depends partially on the nature of the product. As a general rule, goods that are new and different, technically complex or expensive require more personal selling effort. The salesperson plays a key role in providing the consumer with informat ion about such products to reduce the risks involved in purchase and use.Insurance, for example, is a complex and technical product that often needs significant amounts of personal selling. It is important to remember that for many companies the salesperson represents the customer’s main link to the firm. In fact, the salesperson is the company. Therefore it is imperative that the company take advantage of this unique link. Through the efforts of the successful salesperson, a company can build relationships with customers that continue long. Personal selling is an integral of the marketing system, fulfilling two vital duties: one for customers and one for companies.Lacking relevant information, customers are likely to make poor buying decisions. For example: Doctors would have difficulty finding out about new drugs and procedures were it not for pharmaceutical salespeople. Second, salespeople act as a source of marketing intelligence for management. Marketing success depends on satisfying customers needs. If present products don’t fulfill customer needs then profitable opportunities may exist for new or improved products. If problems with a company’s products exist, then management must be quickly apprised of the fact.In either situation, salespeople are in the best position to act as the intermediary through which valuable information can be passed back and forth between product providers and buyers. The sales process Personal selling is as much an art as it is a science. The word art is used to describe that portion of the selling process that is highly creative in nature and difficult to explain. Before management selects and trains salespeople, it should have an understanding of the sales process. Obviously, the sales process will differ according to the size of the company, the nature of the product, the market and so forth.Sales objectives: 1. Information provision: Especially in case of new products or customers, the salesperson nee ds to fully explain all attributes of the product or service, answer any questions and probe for additional questions. 2. Persuasion. Once the initial product or service information is provided, the salesperson needs to focus on the following objectives: – Clearly distinguish attributes of the firm’s products or services from those of competitors. – Maximize the number of sales as a percent of presentations. Convert undecided customers into first-time buyers. – Convert first-time customers into repeat purchasers. – Sell additional or complementary items to repeat customers. – Tend to the needs of dissatisfied customers. 3. After-sake service. Whether the sale represents a first-time or repeat purchase, the salesperson needs to ensure the following objectives are met: – Delivery or installation of the product or service that meets or exceeds customer expectations. – Immediate follow-up calls and visits to address unresolved or n ew concerns. Reassurance of products or service super priority through demonstrable actions. The Sales Relationship-Building process For many years the traditional approach to selling emphasized the first-time sale of a product or service as the culmination of the sales process. Marketing concept and accompanying approach to personal selling view the initial sale as merely the first step in a long-term relationship-building process, not as the end goal. The relationship-building process which is designed to meet the objectives contains six sequential stages.These stages are (1) prospecting, (2) planning the sales call, (3) presentation, (4) responding to objections, (5) obtaining commitment/closing the sale and (6) building a long-term relationship. When a buyer and a salesperson have a close personal relationship, they both begin to rely on each other and communicate honestly. When each has a problem, they work together to solve it. Such market relationships are known as functional relationships. A person may have such a relationship with along-term medical or dental practitioner or hair-cutter.When organizations move beyond functional relationships, they develop strategic partnerships or strategic alliances. These are long-term, formal relationships in which both parties make significant commitments and investments in each other in order to pursue mutual goals and to improve the profitability of each other. Marketing managers and sales managers must make some very important decisions regarding how the sales fore should be organized. Most companies organize their sales efforts either by geography, product or customer.There are two obvious reasons why it is critical that the sales force be properly controlled. First, personal selling can be the largest marketing expense component in the final price of the product. Second, unless the sales force is somehow directed, motivated and audited on continual basis, it is likely to be less efficient than it is capable o f being. Controlling the sales force involves four key functions: (1) forecasting sales; (2) establishing sales territories and quotas, (3) analyzing expenses and (4) motivating and compensating performance.Conclusion We attempted to outline and explain the personal selling aspect of the promotion mix. An emphasis was placed on describing the importance of the relationship-building aspect of the personal selling process. For organizations that wish to continue to grow and prosper, personal selling plays an integral part in the marketing of products and services. As long as production continues to expand through the development of new and highly technical products, personal selling will continue to be an important part of marketing strategy.

Compare and contrast different software life- Research Paper

Compare and contrast different software life- - Research Paper Example There are several life-cycle models that have been suggested including waterfall, Agile, Iterative model, prototype model, spiral model etc., each with its different strengths and weaknesses (Thayer, 2005). Moreover, differences exist the way software is developed in theory and in practice. Considering these factors, for a software development organization to make an informed decision on the most appropriate life-cycle model for the particular, organization, the staff and the software process, it is imperative to make a comparative analysis of various life-cycle models (Schach, 2011). This paper therefore, strives to compare and contrast the features and defects of waterfall, Agile, Iterative model, prototype model, and spiral model in order to show the advantages and disadvantages of each. Waterfall Model The idea behind this model is that a subsequent phase can only be initiated upon completion of the previous phases and at the end of each phase or stage, a review is carried out to determine if the project is on course or whether to discontinue or discard the project (Munassar and Govardhan, 2010). The model follows a sequential approach that flows progressively from top to bottom passing through the five stages of the SDLC which include the requirements analysis and maintenance among others. The Waterfall model has various advantages most notably being its ease of use given its popularity among software developers. Moreover, the model is very efficient when working on small projects where requirements are very well understood. The model is also very cost-effective since more time is spent to make sure that all requirements are clearly understood at the earlier stages, which ensure that there remains no need to conduct risk analysis at later stage, which would be more expensive. On the other hand, the model has various drawbacks, the greatest being that once an phase has been initiated, it is impossible to go back to previous stages. For example, is mistakes are made at the design stage, but the situation can get very complex at the implementation level. The client does not have access to the software until it is completed and therefore any changes he might want made during the process may cause problems. Another disadvantage is that the model comes with high amounts of risk and uncertainty, inflexibility and it is generally a poor model for complex and object-oriented projects (Munassar and Govardhan, 2010). Considering these features, the Waterfall model is an appropriate life-cycle model for projects that have clear and well-understood requirements, design and technical tools and infrastructure. Spiral model In the spiral life-cycle model, a lot of emphasis is put on risk analysis and decreasing project risk by disintegrating it into smaller subdivisions. In addition, the model has a greater level of involvement of the client unlike the Waterfall model since reevaluation is carried out every time a new prototype is introduced. Errors are consequently done away with during the early stages of project development only leading to proper control over time and manpower requirement for the development process (Sharma, Sharma and Mehta, 2012). Budget and time estimates can also be made in way that is more realistic because the crucial issues are discovered during the initial

Network Security Essay Example | Topics and Well Written Essays - 750 words

Network Security - Essay Example Cyber security made the greatest move on the discovery of Stuxnet, computer software, which is believed to be the first warfare weapon and a computer virus that attacks and destroys industrial computer programs. Over the past years there has been a great debate about the Stuxnet virus. This computer worm was first used to wipe sixty percent of Iran’s computer network and programs. The Stuxnet attack has far-reaching policy implications and cyber-security, since it demonstrates that states are vulnerable to crippling cyber actions from other states. The source and the exact purpose of the virus are not well known to the international community. The software was basically designed to target industrial equipment. It is an IT discovery which attacks programs and destroys information aimed for an attack. Since the discovery of the software, different opinions regarding its application have been forwarded by many computer experts among other members of the public. Views against the device have been raised while other individuals considered it a security device that can be used to improve security in a nation (Reveron, 2012). An observation on this device portray that there is a difference in the style of coding used in the software that initially affected the targeted states and the software that deploys once the virus has penetrated the state’s defenses. The device has therefore been believed to have been a collaborative effort between its two developers, the United States and Israel. According to other experts in various defense departments, the highly complex computer software was the first of its kind. It is said to have been written to specifically target critical mission control systems that run a specific combination of software and hardware. Many experts believe that the kind of research coordinating and planning required to undertake this specific kind of multi-stage attack on an industrial control system is most likely

How to use a Gold in Wind Turbines Essay Example | Topics and Well Written Essays - 1250 words

How to use a Gold in Wind Turbines - Essay Example This report focuses on wind turbines, their design and how they can be redesigned using gold in order to increase their efficiency. Introduction The use of wind turbines to harness wind power is not a new technology. It is a concept that has been in operation since as the 7th century. To date, the wind turbines have become a familiar picture with their purpose being simple: to harvest the energy possessed by wind. Wind turbines differ in size depending on the required amount of energy. All wind turbines are made up of 4 major parts; rotor blades, nacelle unit, base and tower ((Energy Center of Wisconsin 1). However, due to the technological advancements, various changes are been made in the design and choice of components in an attempt to increase its efficiency. The following report explains how gold can be used in a wind turbine in order to increase its efficiency. Breakdown of the major parts of a wind turbine As stated earlier, wind turbines come in different sizes depending on t he energy requirements. There are four crucial parts that are essential in any wind turbine. These are rotor blades, nacelle, support tower and the foundation/base as shown in the following figure. Figure 1: The major components of a wind turbine system (Alternative energy eMagazine 7) 1. ... Rotation of the blades makes the turbine rotate thus capturing the kinetic energy contained in the wind (Energy Center of Wisconsin 2). 2. The Nacelle This part can be referred to as the ‘engine system’ of the wind turbine. It houses the generator and the gearbox that are connected to the rotor blades through a shaft and system of gears. The gears are used to increase the rotation speed of the blades. Rotation of the blades results in rotation of the generator. The generator converts the kinetic energy possessed in the wind into electrical energy (Energy Center of Wisconsin 3). 3. Support Tower They are elevated a few feet from the ground and are used to hoist the rotor blades and the nacelle unit to heights where there is likely to be little barriers to wind motion. The most common design is a round steel cylinder. It also houses the electrical conduits and also contains a ladder running outside it to provide access to the rotor blades and nacelle unit for maintenance a nd repair services (Energy Center of Wisconsin 4). 4. Base/Foundation The base is constructed using concrete that is reinforced with steel bars. The foundation holds the entire system in position thus is constructed with utmost caution. Choice of Materials for each component 1. Rotor Blades As stated earlier, the blades may be made from fiberglass, plastic, or metal. Regardless of the material used, the blades must be designed to capture the maximum surface area of the wind. They are also designed using a light weight material that is also durable and corrosion resistant. For this reason, most blades are made from reinforced plastic and fiberglass (Layton 5). 2. Nacelle unit In this unit, the major components are the generator and the gear box

The Relationship Between Political Stability and Economic Growth Essay

The Relationship Between Political Stability and Economic Growth - Essay Example This paper questions the widely accepted role of political stability in promoting the growth of the economy. Political stability in any country may offer a peaceful environment for investment to take place. In addition to this, the stability may also provide a good ground where impunity is tolerated. Stable governance and politics are by no doubt a means through which economic growth takes place. With a peaceful political environment, the government can formulate its agendas. Good investing policies attract investors in the country and makes citizens willing to work hard and improve the country’s economic growth. It is seen that democracy in developed and developing countries foster the growth in the economy compared to the countries that are non-democratic. It can be argued that stability in politics of any nation can affect the rate at which the country’s economic growth takes place. In addition to this, the level of investment can be altered through increasing the confidence level of investors in that country. The democratic effect on investment is only tentative. In countries where political stability is practiced, a direct economic growth is realized through positive effect on the rates of investments. Investors will only invest their resources in a country where peace exists, and they are assured of their properties. In contrast to this, economists and investors refer to political instability as a malaise that has a serious harm to the economic growth of the nation. Irrespective of the political regimes, if a country is stable and does not worry about the radical changes of regimes and conflicts, the citizens do concentrate on working hard in running their businesses, saving and investing in other economic activities.

Genaral relations of the judicial, executive and legislative body in Essay

Genaral relations of the judicial, executive and legislative body in British - Essay Example This is an exploration about judicial system and its machineries as well as an attempt to recognize and critic some gaps in this literature. British Judicial system The chapter pointed that UK has three court systems. These are in England and Wales; in Scotland and in Northern Ireland. These are independent institutions but the judges and its practitioners are appointed to the Court of Justice, Court of First Instance of the European Communities and to the European Court of Human Rights.2. Author emphasized that UK’s judicial system is not solely focused on civil and criminal adjudications since the parliament made some tribunals as special courts e.g. for election, labor cases, and patent courts. The structure and hierarchy of the court system in England and Wales was also detailed, being the High Court that also decides for cases requiring judicial review and question of laws, although following Constitutional Reform Act 2005, the court is now named as the Senior Courts of E ngland and Wales.3 The broad civil jurisdiction is under the jurisdiction of the country courts and of magistrates’ courts under Legal Services Act 1990.4 The criminal jurisdiction is likewise at the Court of First Instance where the magistrates does a summary trial while those in jury trial by the Crown Court following Courts Acts 1971 (p. 386). Appeals are done to Queen’s Bench Divisional Court of the High Court, to the Court if the High Court, or to the Court of Appeal of the Criminal Division.5 In Scotland, the civil cases are held by the Court of Session, with hierarchy of body to hear cases subject for appeal. Meanwhile, the High Court of Justiciary has jurisdiction on the criminal cases, either for trial or for appeal. The district courts are also mandated of summary criminal jurisdiction. House of Lords has jurisdiction over civil cases while devolution cases, and criminal matters, are heard in the Privy Council. In Northern Ireland, the Court of Judicature of Northern Ireland has jurisdiction of all cases.6 The author affirmed that following rules and administrative polices, judiciary maintained its independence from UK’s legislative body, albeit some judicial matters are subject to policies formulated by the legislative body.7 Numerous laws have evolved the procedural processes within the House of the Lords through historic legislation of policies deemed significant in systematizing the procedural aspect of adjudicating cases. The House of the Lords however remained bereft of authority or jurisdiction over Scottish criminal cases.8 One is certain though that the House of the Lords has influential power in the legislation of policies through the â€Å"system of precedent† until its amended to free the system from the rigidity to avoid injustice and may hinder policy change.9 In 2010, UK developed its Supreme Court that would hear cases on appeals from the House of the Lords and the devolution of Privy Council’s juris diction. The SC mirrors the function of other organized civilization and maintains independence from the two other branches of the government whose luminaries are appointed in accordance to Constitutional Reform Act 2005 although the qualifications remained based on the Appellate

The Significance Of The GI BILL Personal Statement

The Significance Of The GI BILL - Personal Statement Example College and home ownership were, prior to the G.I. Bill, thought of as unreachable by those who were not considered privileged in society. Higher education such as university was seen as a privilege reserved for the children of the upper echelon of America. The tuition assistance and the living stipend from the G.I. Bill changed that in short order and veterans flooded classrooms across the United States. With the gift of education, a higher standard and quality of life were guaranteed for many, as well as jobs with better pay and more stability. Low-interest home loans also contributed as returning veterans saw the once unreachable dream of home ownership finally within their grasp due to federally backed funding. They were able to move from apartments in the city to houses in quickly-growing suburbs, which meant expansion for cities and towns around the United States. This, in combination with their educational assistance, provided even greater stability to those that had served th eir country. The ripple effect of better education leading to better jobs with more pay, thus more money to spend and contribute to the economy, was felt throughout the nation in the years after World War II and made the G.I Bill significantly not only to each and every veteran that received its assistance but to the country as a whole. Other benefits were offered in the G.I. Bill that made a world of difference to returning veterans. Alongside home loans, veterans could apply for guaranteed business loans.

U.S.-Middle East Relations Essay Example | Topics and Well Written Essays - 250 words - 2

U.S.-Middle East Relations - Essay Example As Americans, the thought of Middle East almost instantly ignites visual pictures of extremist terrorists who can go a painful length to attain revenge on their enemies. They thus view America as being supportive of the Israeli invasion of Palestine. U.S political elites view Israel as being strategically located for their influence in world politics. Their support for Israel is blindsided by the atrocities committed by the Israelites on Palestinians. The shared values between the US and Israel makes these political elites to become insensitive to the suffering of the Palestinian people (Hahn 167). The political elites believe that it is right for Israel to repossess Palestine back as their land. Jews played a major role in early America, the American Revolution and on the country’s founding fathers. This shared system of values including that of shared democratic politics, economic development, and shared religious heritage has made the US and Israel close allies that the political elites become focused on maintaining this relation while overlooking Palestinian  suffering.

Ethical Use of Tecnology in a Mordern Society Essay Example for Free

Ethical Use of Tecnology in a Mordern Society Essay As a result, there are more opportunities than ever for millions of individuals to engage with information technology in an unethical manner. This is why it is essential for the education systems and businesses to address the ethical concerns of information technology usage and to develop a practical code of ethics to prevent, or at least mitigate ,ethical dilemmas and infractions. In today’s organizations, ethical challenges relate to areas like fraud, right to privacy for consumers, social responsibility, and trade restrictions. For Information Technology (IT) specifically, these can translate to considerations on how technology is used to violate people’s privacy, how automation leads to job reductions, or how management information and its corresponding systems are used and abused for personal gain. I n the last 25 years, we have seen an overwhelming technology infusion affecting business, education, and society. Virtually all areas of our society have been transformed by the usage of technology. The change is important from an ethical perspective in terms of whose Information Technology (IT) workers are today and what their tasks are. In the 1980s, IT workers were mainly limited to technical fields, such as programming, data processing, server administration, and phone services. Today, IT workers are integrated into every department of organizations, they function globally, and they have access to a wealth of knowledge and information (Payne Landry, 2006). With the power and skills to access such large amounts of data comes with the need for ethical employees. The computer Professionals for Social Responsibility (CSPR) web site provides us food for thought when they state â€Å"Technology is driving the future, the steering is up to us†¦. nd we need every hand at the wheel† (Computer Professionals For Social Responsibility, 2007). So how do we prepare for taking the wheel as an individual working with Information Technology (IT) or Information Systems (IS)? A broader view of social responsibility is coming into focus; it is one that incorporates some real Information Technology (IT) flash points. Issues that have long been concerns of corporate technology managers, including security, privacy, and intellectual property, are increasingly understood as matters of ethics and good citizenship. This perspective is far from universal. The research of CIO (Chief Information Officer), a leading information technology trade journal, shows that while IT managers are very aware of â€Å"the larger effect of technology on people’s lives,† nearly half those surveyed say IT pros are â€Å"not very concerned† about it (Cones, 2008). This more global understanding of technology’s powerful role in society is not new. Computer Professionals for Social Responsibility, an organization which deals with related issues, was founded in 1983. Much has been written on technology’s impact on the way we live and work, including musings on the moral aspects of a wired society. But the sense that these issues encompass the day-to-day operations of corporate IT appears to be gaining popularity. According to Donald Amoroso, chair of the computer science and information systems department at Kennesaw State University in Georgia, it is a piece of the maturing of information technology. As the job becomes less about the technology itself and more about the information Age, the definition of responsible corporate citizenship changes too. Social responsibility has to do with being a good person in different parts of the community,† Amoroso says. It determines how you will function and do your job in a societal sense, not just as part of the community you do philanthropy with† (Cone, 2008). At the 2007 conference of the Information

Supremacy of the US Dollar

Supremacy of the US Dollar ABSTRACT This assignment briefly discusses the supremacy of US Dollar. It includes suggestions and recommendations to its near future position, internationally. The proponents of the assignment are divided into the history of the US Dollar and its role as the dominating currency in the world. Ever since other currencies began to take part actively in the foreign exchange markets, they began to challenge the role of US Dollar. Arguments were put forward that the US Dollar would have to compete with the various emerging currencies to maintain its position as the most influential money dominator. The paper intends to discuss the currency contenders, which are the Euro, Japanese Yen Chinese Renminbi and the Russian Rouble and why are they the nearest competitors to challenge the US Dollar. Chapter 1 HISTORY The United States emerged from World War II not only as military victor but as an economic victor as well. It was by far the strongest economic power in the world. Under the Dollar standard, the Dollar standard, agreed to make the Dollar â€Å" as good as gold† redeemable on demand by any central bank at the rate of $35 an ounce in 1933. This meant that the dollar became the accepted medium of exchange for international transactions. This seemingly routine event was to have far reaching implications for the international financial system, certainly beyond what anyone would have imagined. According to James Grant the US dollar is the greatest monetary achievement in the history of the world. In year 1792 the first US dollar issued by the United States Mint which same in size and composition to the Spanish dollar. The US dollar was created and defined by the Coinage Act of 1972. The Coinage Act 1792 set the value of at 10 dollars, and the dollar at 1/10th eagle. It also called for 90% silver alloy coins in denominations of 1,  ½,  ¼, and 1/10. The timeline of US dollar currency will be discussed which as follows: I. Colonial Bills 1690 The Massachusetts Bay Colony, one of the Thirteen Original Colonies, issued the first paper money to cover costs of military expeditions. The practice of issuing paper bills spread to the other Colonies. II. Franklins Unique Counterfeit Deterrent 1739 Benjamin Franklins printing firm in Philadelphia printed colonial bills with nature printsunique raised impressions of patterns cast from actual leaves. This process added an innovative and effective counterfeit deterrent to bills, not completely understood until centuries later. III. British Ban 1764 Following years of restrictions on colonial paper currency, Britain finally ordered a complete ban on the issuance of paper money by the Colonies. IV. Continental Currency 1775 The Continental Congress issued paper currency to finance the Revolutionary War. Continental currency was denominated in Spanish milled dollars. Without solid backing and easily counterfeited, the bills quickly lost their value, giving rise to the phrase not worth a Continental. V. The Bank of North America 1781 Congress chartered the Bank of North America in Philadelphia as the first national bank, creating it to support the financial operations of the fledgling government. VI. The Dollar 1785 Congress adopted the dollar as the money unit of the United States. VII. First Central Bank 1791 Congress chartered the Bank of the United States for a 20-year period to serve as the U.S. Treasurys fiscal agent. The bank was the first to perform central bank functions for the government and operated until 1811, when Congress declined to renew the banks charter. Recognizing that a central banking system was still necessary to meet the nations financial needs, Congress chartered a second Bank of the United States in 1816 for another 20-year period. VIII. Monetary System 1792 The Coinage Act of 1792 created the U.S. Mint and established a federal monetary system, set denominations for coins, and specified the value of each coin in gold, silver, or copper. IX. Greenbacks 1861 The first general circulation of paper money by the federal government occurred in 1861.Pressed to finance the Civil War, Congress authorized the U.S. Treasury to issue non-interest-bearing Demand Bills. These bills acquired the nickname greenback because of their color. Today all U.S currency issued since 1861 remains valid and redeemable at full face value. X. First $10 Bills 1861 The first $10 bills were Demand Bills, issued in 1861 by the Treasury Department. A portrait of President Abraham Lincoln appeared on the face of the bills. XI. The Design 1862 By 1862, the design of U.S. currency incorporated fine-line engraving, intricate geometric lathe work patterns, a Treasury seal, and engraved signatures to aid in counterfeit deterrence. Since that time, the U.S. Treasury has continued to add features to thwart counterfeiting. XII. National Banking System 1863 Congress established a national banking system and authorized the U.S. Treasury to oversee the issuance of National Banknotes. This system established Federal guidelines for chartering and regulating national banks and authorized those banks to issue national currency secured by the purchase of United States bonds. XIII. Secret Service 1865 The United States Secret Service was established as a bureau of the Treasury for the purpose of controlling the counterfeiters whose activities were destroying the publics confidence in the nations currency. XIV. Bureau of Engraving and Printing 1877 The Department of the Treasurys Bureau of Engraving and Printing began printing all United States currency. XV. Paper Currency with Background Color 1905 The last United States paper money printed with background color was the $20 Gold Certificate, Series 1905, which had a golden tint and a red seal and serial number. XVI. Federal Reserve Act 1913 The Federal Reserve Act of 1913 created the Federal Reserve as the nations central bank and provided for a national banking system that was more responsive to the fluctuating financial needs of the country. The Federal Reserve Board issued new currency called Federal Reserve Notes. XVII. The first $10 Federal Reserve Notes 1914 The first $10 Federal Reserve notes were issued. These bills were larger than todays bills and featured a portrait of President Andrew Jackson on the face. XVIII. Standardized Design 1929 The first sweeping change to affect the appearance of all paper money occurred in 1929. In an effort to lower manufacturing costs, all currency was reduced in size by about 30 percent. In addition, standardized designs were instituted for each denomination across all classes of currency, decreasing the number of different designs in circulation. This standardization made it easier for the public to distinguish between genuine and counterfeit bills. XIX. In God We Trust 1957 The use of the National Motto In God We Trust on all currency has been required by law since 1955. It first appeared on paper money with the issuance of the $1 Silver Certificates, Series 1957, and began appearing on Federal Reserve Notes with the 1963 Series. Chapter 2 Characteristic of US Dollar Currency Introduction The U.S. dollar is the currency most used in international transactions. It is also used as the standard unit of currency in international markets for commodities such as gold and petroleum. There are also some Non-U.S. companies dealing in globalized markets, such as Airbus, list their prices in dollars cause of the international acceptance and the value of the dollar. At the present time, the U.S dollar remains the worlds foremost reserve currency. In addition to holdings by central banks and other institutions there are many private holdings which are believed to be mostly in $100 denominations. The majority of U.S. notes are actually held outside the United States. All holdings of US dollar bank deposits held by non-residents of the US are known as Eurodollars (not to be confused with the euro) regardless of the location of the bank holding the deposit (which may be inside or outside the US). Economist opinion said that demand for dollars allows the United States to maintain pers istent trade deficits without causing the value of the currency to depreciate and the flow of trade to readjust. Strong arguments do exist for why the dollar remains strong and still remain for world currency. There are (at least) three sources of demand for dollars that exert an exogenous force on normal balance of trade dynamics: * A demand for dollar liquidity for transaction needs; * A foreign desire for asset security found in the dollars role as a reserve currency; and * Developing country attempts to accelerate economic growth through an export dominated economy. To date all three factors have increased the incentive for foreigners to collect dollars (by selling goods and services in exchange for dollars) and decreased the incentive to dishoard dollars (by buying goods and services with the dollars). If these dynamics were to reverse, they would exert pressure to devalue the dollar above and beyond pressures exerted by the balance of trade dynamics. Before discuss further about the characteristics of US Dollar that makes it the worlds foremost reserve currency, a better understanding regarding the basic function of money is crucial. The main basic functions of money are: a) Medium of exchange When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange. It thereby avoids the inefficiencies of a barter system, such as the double coincidence of wants problem. b) Unit of account A unit of account is a standard numerical unit of measurement of the market value of goods, services, and other transactions. Also known as a measure or standard of relative worth and deferred payment, a unit of account is a necessary prerequisite for the formulation of commercial agreements that involve debt. c) Store of value To act as a store of value, money must be able to be reliably saved, stored, and retrieved. The value of the money must also remain stable over time. In that sense, inflation by reducing the value of money diminishes the ability of the money to function as a store of value. d) Standard of deferred payment Standard of deferred payment is distinguished as an accepted way to settle a debt a unit in which debts are denominated, and the status of money as legal tender, in those jurisdictions which have this concept, states that it may function for the discharge of debts. When debts are denominated in money, the real value of debts may change due to inflation and deflation, and for sovereign and international debts via debasement and devaluation. Based on the explanation above, there are some main characteristic of the currency shall have to be the main player. In this paper, we will discuss from the various aspects. a) Currency and asset substitution Currency and asset substitution are typically induced by past inflations, devaluations, currency confiscations and the growth of underground economies. The effective money supply is much larger than the domestic money supply and is, moreover, less easily controlled by the monetary authority because of the publics propensity to substitute foreign for domestic currency. To peg the exchange rate to the US dollar, authorities have to intervene and purchase foreign exchange, hence the accumulation of holdings of US foreign exchange reserves, US currency has many desirable properties. It has a reputation as a stable currency, and is therefore a reliable store of value. It is available in many countries, is widely accepted as a medium of exchange, and protects foreign users against the threat of domestic bank failures, devaluation and inflation. Cash usage preserves anonymity because it leaves no paper trail of the transaction for which it serves as the means of payment and is therefore the preferred medium of exchange in underground transactions. Indeed the very characteristics that make the US dollar a popular medium of exchange also makes it difficult to determine the exact amount and location of US notes circulating abroad. Nevertheless, there is a direct source of information that can be used to determine the approximate amounts of US cash in circulation in different countries. Currency substitution also has fiscal consequences that are particularly salient for transition countries. Foreign cash transactions reduce the costs of tax evasion and facilitate participation in the unreported or â€Å"underground† economy. This weakens the governments ability to command real resources from the private sector and deepens fiscal deficits. The shifting of economic activity toward the underground economy distorts macroeconomic information systems (Feige, 1990, 1997), thereby adding to the difficulty of formulating macroeconomic policy. b) International Reserve Currency Furthermore, another characteristic of US dollar as world currency is because of the international reserve currency. Over the past three decades, academic and financial analysis that argued the US would suffer dollar devaluation due to national consumption exceeding national production has been largely wrong. That such an intuitive argument has been so consistently wrong is the source of much frustration and consternation. What has become clear is that when discussing exchange rates and determinants of exchange rates, there is a necessary delineation between the dollar and the rest of the world currencies. Because the dollar is the world reserve currency, special dynamics exist for it in addition to the normal trade and monetary dynamics one would expect. The euro inherited this status from the German mark, and since its introduction, has increased its standing considerably, mostly at the expense of the dollar. Despite the dollars recent losses to the Euro, it is still by far the major international reserve currency; with an accumulation more than double that of the euro. In August 2007, two scholars affiliated with the government of the Peoples Republic of China threatened to sell its substantial reserves in American dollars in response to American legislative discussion of trade sanctions designed to revalue the Chinese yuan. The Chinese government denied that selling dollar-denominated assets would be an official policy in the foreseeable future. c) Usage of the US Dollar Other characteristic of US Dollar as a main currency is when there are a few nations besides the United States use the US Dollar as their official currency. For example, Ecuador, El Salvador and East Timor all adopted the currency independently; former members of the US-administered Trust Territory of the Pacific Islands (namely Palau, the Federated States of Micronesia and the Marshall Islands) decided that, despite their independence, they wanted to keep the U.S. dollar as their official currency. Additionally, local currencies of several states such as Bermuda, the Bahamas, Panama and a few other states can be freely exchanged at a 1:1 ratio for the U.S. dollar. d) Secure the Safety Trade As the so-called â€Å"safety trade† turn into dollars that occurred in the second half of 2008, made ironic event in two ways. The dollar represents security to foreign entities is partly due to historical good behaviour and partly due to wishful thinking on the part of foreign entities. Certainly through 1960, the US had a virtually unblemished record in paying its debts and honouring its obligations. This historical precedent combined with geopolitical considerations and force of habit has created the foreign perception that exists to this day that the US dollar is â€Å"as good as gold.† Thus, historically when a country suffered from a balance of payment crisis, the most common alternative to the home currency was the dollar. The list of countries whose private citizens hoard dollars as an alternative to the home currency is long. The reason for this hoarding is fairly easy to understand. If a country pegs its currency to the dollar and the peg is kept too high, citizens of the country will consume more than they produce and the country will run a current account deficit. Mirroring this current account deficit, a country will run a financial account surplus which decreases its supply of dollars. As the supply of dollars approaches a critical point, citizens will speculate that the peg cannot be maintained and will â€Å"make a run† on the currency, trading all of their domestic currency for dollars in anticipation of the devaluation. This is referred to as a balance of payments crisis, and results in a devaluation of the national currency. Examples of recent balance of payment crises include the Argentine economic crisis (2001-2002) and the Asian financial crisis (1997). Citizens in countries who have suffered balance of payment crises will often hold a portion or even a majority of their wealth in dollars in anticipation of currency devaluation. As an additional demand, it is commonly considered good practice for a developing country to carry reserves in excess of what is necessary for transactions as a preventative measure against balance of payments crises. Thus, there is actually an incentive to peg a currency too low, as a method for accumulating a protective supply of dollars to prevent balance of payment crises. e) Exchange Rate Dynamics While all other countries have two primary mechanisms that determine their exchange rate, the US dollar has five. The two mechanisms present for all currencies are: the relative supply of the currency (determined by the central bank); and the terms and attractiveness to foreigners of domestically produced goods and services. All else equal, the greater the supply of currency the higher the exchange rate (depreciated), and the more attractive the terms of domestically produced goods the lower the exchange rate (appreciated). Both of these mechanisms are reflected in the current account: if a country devalues its currency through an increase in money supply, it will have higher interest payments on foreign denominated assets. In this circumstance, a net debtor will generally see a deterioration in the current account, and a net creditor will see an improvement. If a country increases the attractiveness of terms on its production to foreigners, it will improve the current account. f) US Role As Most Develop Country In The World Financial and currency news are not just the only stories of news but interests to all. As for example, Foreign exchange (Forex) traders also have a lot of interest in political news that may have an impact on different countries currencies. Political events, such as the U.S. presidential election cycle has substantial consequences on the valuation of currency. The essence of money is purchasing power and power is at the heart of politics. Power goes to those who create money, those who receive it, those who spend it, and most of all, those who control it. Money, in other words, is anything but neutral. Money can be controlled or governed in very different ways; these systems of governance are described as monetary regimes. Chapter 3 BENCHMARKING THE US DOLLAR In order to understand the current international monetary system and its problems, one must realize that, for practical purposes, all international financial transactions are inextricably linked to the US Dollar. As the dollar goes, so goes the international financial system. Recently, as been mentioned earlier, the US Dollar remains the worlds foremost reserve currency. The US Dollar has been referred as the standard unit of currency in international markets for commodities such as gold and oil. Some non-U.S. companies dealing in globalized markets, such as Airbus, list their prices in US dollars. US Dollar has a value based on supply and demand of the market. As demand of US Dollar increase and more people willing to pay more to buy the US Dollar, then US Dollar will increase the value. We can also know the performance/value of US Dollar by using the benchmark in US Dollar. Benchmarking of the US Dollar means that we measure or evaluate the performance/value of US Dollar with another similar item in an impartial scientific manner. The US Dollar Index (US Dollar X) is type of index used as a benchmark in US Dollar. US Dollar Index is an index (or measure) of the value of the United States Dollar relative to a basket of foreign currencies. It is a weighted geometric mean of the dollars value compared only with Euro (EUR), 57.6% weight Japanese yen (JPY), 13.6% weight Pound sterling (GBP), 11.9% weight Canadian dollar (CAD), 9.1% weight Swedish krona (SEK), 4.2% weight and Swiss franc (CHF), 3.6% weight. (Source: Wikipedia) Like declining real estate or stock prices, the diminishing dollar is neither uniformly beneficial nor harmful. In an article written by Karen (2008), the author provided an example of Accor North America, Inc., a division of Paris-based Accor, a global hotel operator. She added that when the company needs extra funds, perhaps to make an acquisition, the declining dollar comes in handy. Taking advantage of the dollar devaluation means that its cheaper to borrow from our parent than a bank, says Stephen Manthey, senior vice president and treasurer with the Carrollton, Texas-based firm. This is because the parent companys Euros now are more valuable than they were a year or two ago (Karen, 2008). Animesh Ghoshal, a Professor of Economics at DePaul University, Chicago, once mentioned that exporters typically do well when their currency drops, as their products become more competitive outside their home markets. Conversely, importers take a hit, as the costs of their goods or materials rise. Karen (2008) also quoted a statement from Dean Baker, a co-director of the Center for Economic and Policy Reseach, an independent research group in Washington, D.C. Dean mentioned that people think of a strong dollar like a strong body, but, theres no particular virtue in having a strong dollar. In November 2007, prices for imports from the European Union rose for the seventh consecutive month, increasing 0.2 percent, while prices for goods coming from Canada jumped 4.7 percent. For the year ending in November, the prices of imports from Canada were up 12.9 percent, while imports from the EU were up 3.3 percent. The rises can be attributed to higher fuel prices and the declining dollar, rep orts the Bureau of Labor Statistics. From 4 below, we can see that the US Dollars relative strength compared to Euro had been declining over the 2007. The declining US Dollar may bring more harm than benefits to the US importers. Chapter 4 Factors Affecting US Dollar Currency a) Trade Deficit A trade deficit occurs when a country imports more than the exports. This leads to a net outflow of a countrys currency. Countries on the other side of the transaction will typically sell the importing countrys currency on the open market. As supply of the countrys currency increases in the global market the currency depreciates. As a net importer, the US has seen its trade deficit grow rapidly over the last decade. In last year (2008), the United States had a record of trade deficit of $816 billion dollars. This trade deficit weakens the US dollar relative to other currencies since foreign goods are denominated in foreign currency. Thus raising of demand for foreign goods increases the demand for foreign currency and decreases the demand for US dollars. This causes the US dollar to depreciate. b) Budget Deficit Chart below show that US Public debt has grown substantially over time. When a countrys government spends more than it earns from taxes or other sources of revenues, it is forced to borrow from its citizens and/or from foreign entities. As a countrys debt load increases, the value of its currency may decrease as result of fears within the international community over its ability to repay the debt. In addition, by borrowing money from foreign countries, the US increases the demand for foreign currency in exchange for US Bonds. The US is the worlds largest debtor with approximately $12 trillion dollars in debt in total debt. Over half of this debt is owned by foreign countries and lenders. (Source: Wikipedia) c) China, Japan, and India may stop holding large US Dollar Reserves Japan ($349B) and China ($643B) are two of the largest purchasers of US debt. China in particular has exhibited a voracious appetite for US debt. Its rapidly growing economy is heavily dependent on exports, and the US is one of its largest trading partners. In any given year, the US imports much more from China than it exports to China. As a result there is a net flow of dollars to China. Normally, one might expect China to sell these dollars on the global market, causing the dollar to weaken. Instead China reinvests its dollars in US debt. In doing so, China strengthens the US dollar and limits the appreciation of its own currency. Chinese exports remain cheap to American consumers. However, due to large deficits many countries, China and India in particular, have begun to reconsider diversifying their reserves to protect themselves from a devaluation of the US Dollar. In November 2009, the Indian Central Bank announced that it would purchase $6.7B worth of Gold to diversify its reserves. China, which is the single largest purchaser of US Securities, has similarly increased its reserves of gold by 76% since 2003 and has hinted at further purchases. The decision of these large countries to shift increasingly towards Gold as a reserve currency greatly decreases the demand for US Dollars and weakens the US Dollar. d) Monetary Policy Inflation Demand for a countrys currency is highly dependent on the relative value of holding it, ie. the real, relative return of U.S. government bonds. Fear over higher inflation erodes the real value of bonds, which in turn decreases demand for US dollars. Similarly, tighter monetary policy raises the real interest rate on U.S. Gov. bonds, at which demand for US dollars increases until the relative, risk adjusted return on those bonds is equivalent to the return on bonds for another country. e) The Federal Reserve Rate The Federal Open Market Committee, comprising of the Chairman, Vice Chairman, and three other members, along with the chiefs of the regional branches of the Federal Reserve System, come together regularly to determine the Federal Funds Rate, which is the rate at which financial institutions with deposits at the Federal Reserve lend to each other. The release of the decision is usually accompanied by much media fanfare, analysis and commentary, and with good reason. Lending at the federal funds rate is the normal channel for banks with financing needs, and it represents the wholesale market for large financial institutions. The Federal Reserve Rate also determines the Dollar Libor rate which is the basis of many different types of financial transactions from complex derivative contracts, to credit card and mortgage interest rates. Libor is the cost of short-term unsecured interbank lending (where theres no collateral exchanged between counterparties). As such, it is one of the building blocks of the modern financial system. Although most transaction in the unsecured market are limited to a single month at most, the benchmarks themselves are regularly quoted and taken as a basis for contracts and agreements. f) Equity Market The equity market can impact the currency market in many different ways. For example, if a strong stock market rally happens in the U.S., with the Dow Jone and the Nasdaq registering impressive gains, we are likely to see a large influx of foreign money into the U.S., as international investors rush in to join the party. This influx of money would be very positive for the US DOLLAR, because in order to participate in the equity market rally, foreign investors would have to sell their own domestic currency and purchase U.S. dollars. The opposite also holds true: if the stock market in the U.S. is doing poorly, foreign investors will most likely rush to sell their U.S. Equity holdings and then reconvert the U.S. dollars into their domestic currency which would have a substantially negative impact on the greenback. Chapter 5 The impact of US Dollar a) Dollar Hegemony (Domination of the Dollar) The Bretton Woods negotiations at the end of the Second World War paved the way for establishing the dominance of the dollar as international money. This role was sustained by the confidence that the United States with its vast reserves of gold would honor the commitment to provide gold to foreign central banks in exchange for dollars at a fixed rate of $35 per ounce. By the end of the sixties, the growing trade deficit and the burdens of its military interventions in Vietnam created a huge dollar overhang abroad. In the face of increased demands for gold in exchange for dollars the United States unilaterally abandoned gold convertibility. This, however, did not lead to the dismantling of dollar hegemony. Instead, the refashioning of the international monetary system into a â€Å"floating dollar standard† in the post-Bretton Woods period was associated with the aggressive pursuit of liberalized financial markets in order to encourage private international capital flows denomin ated in dollars. In the 1970s the Eurodollar markets served as the principal means of recycling oil surpluses from the oil exporters to developing economies, particularly in Latin America. This process became a tool of resurgent U.S. political dominance. The 1970s military dictatorships in Chile, Indonesia, and Argentina, and the â€Å"Chicago School† free market regimes that followed, were bolstered by repression and supported by the readily available loans from U.S. banks flush with oil funds. Once this cheap bonanza of credit came to an end with the debt crisis in 1982, a new wave of neoliberal reforms and financial liberalization was imposed through the IMF-World Bank rescue packages. The crisis was deployed to further entrench the dominance of the dollar and U.S. imperialist agenda. In country after country the IMF and World Bank imposed â€Å"structural adjustment† policies during the crisis phase that destroyed all attempts at independent economic development while engulfing thei r financial systems in the ambit of dollar hegemony. This set in motion another surge of dollar denominated private capital flows to emerging markets and a fresh round of crisis in the 1990s when capital flowed back to the United States From 1973, up until about 2003 (the run-up to the present crisis) the periods when flows to emerging markets surged were also periods with a net efflux from the United States. As the surge comes to an end in the wake of capital flight and crisis, as in the Latin American debt crisis in 1982-83 and the Asian crisis in 1997-98, private capital flows are sucked back into the United States (see chart 2). The privileged role of the dollar provided the United States with an international line of credit that helped fuel a consumption binge. Cheap imports allowed consumption to be sustained despite stagnant or declining real wages. The export-led economies of Asia (first Japan, later East Asia and China) in turn depended on mass consumption in the United States to drive their economies. But the dependence on cheap imports precipitated growing trade de

The Sharks Potential in the Cure for Human Cancer Essay -- Fish Illnes

The Sharks Potential in the Cure for Human Cancer Thumbing through the pages of Business Week, the headline read Maybe Jaws Can Put the Bite on Cancer. Interested, I continued to read the short article. According to the reporter, Otis Port, researchers at California State University in Fresno say that they have isolated four substances in shark cartilage that appear to inhibit cancer (93). Curious, I continued to read the rest of the article. The chemicals block a mechanism discovered in the mid-1980s at Harvard University: Tumor cells secrete a protein called angiogenin that entices blood vessels to grow close to cancers and nourish them. The shark extracts counteract angiogenin and the tumor starves (93). I sat there pondering the concept and decided that I would further investigate this intoxicating find. Physiology of the Shark The Immune System It is obvious that the sharks and rays of the ocean have existed for a tremendous length of time, 450 million years to be exact. They have survived without dying from bacterial infections, diseases or viruses. This may be because their immune system has changed minutely over those 450 million years. It seems that cartilaginous fish have four different classes of immunoglobulin and that shark antibodies lack the specificity that permits recognition of the subtle differences between two similar types of bacteria (Litman, 68). Sharks antibodies lack the capacity to bind more strongly to an antigen during the course of a prolonged immune response, which has been determined to be an advantage in fighting infection (Litman, 68). Some would think that this inhibits the shark from being able to fight off anything. However, this ancient immune system benefits the shark wholeheartedl... ...he big question is, how far do we push it and are we going to exterminate the main killing machine of the watery ecosystem with the quest for our own survival? It remains a mystery. Bibliography Altman, Lawrence K. à ¬Shark Substance Found to Limit Tumor Growth.à ® New York Times 1 May 1996: A15. Beardsley, Tim. à ¬Sharks Do Get Cancer.à ® Scientific American October 1994: 24-25. Hooper, Judith. à ¬Unconventional Cancer Treatments.à ® Omni February- March 1993: 59-62. Lane, Dr. I. William, and Linda Comac. Sharks Donà ­t Get Cancer. Garden City Park: Avery Publishing Group Inc., 1992. Litman, Gary W. à ¬Sharks and the Origin of Vertebrate Immunity.à ® Scientific American November 1996: 67-71. Mestel, Rosie. à ¬Sharksà ­ Healing Powers.à ® Natural History September 1996: 40-47. Ports, Otis. à ¬Maybe Jaws Can Put the Bite on Cancer.à ® Business Week 21 November 1994:93. The Sharks Potential in the Cure for Human Cancer Essay -- Fish Illnes The Sharks Potential in the Cure for Human Cancer Thumbing through the pages of Business Week, the headline read Maybe Jaws Can Put the Bite on Cancer. Interested, I continued to read the short article. According to the reporter, Otis Port, researchers at California State University in Fresno say that they have isolated four substances in shark cartilage that appear to inhibit cancer (93). Curious, I continued to read the rest of the article. The chemicals block a mechanism discovered in the mid-1980s at Harvard University: Tumor cells secrete a protein called angiogenin that entices blood vessels to grow close to cancers and nourish them. The shark extracts counteract angiogenin and the tumor starves (93). I sat there pondering the concept and decided that I would further investigate this intoxicating find. Physiology of the Shark The Immune System It is obvious that the sharks and rays of the ocean have existed for a tremendous length of time, 450 million years to be exact. They have survived without dying from bacterial infections, diseases or viruses. This may be because their immune system has changed minutely over those 450 million years. It seems that cartilaginous fish have four different classes of immunoglobulin and that shark antibodies lack the specificity that permits recognition of the subtle differences between two similar types of bacteria (Litman, 68). Sharks antibodies lack the capacity to bind more strongly to an antigen during the course of a prolonged immune response, which has been determined to be an advantage in fighting infection (Litman, 68). Some would think that this inhibits the shark from being able to fight off anything. However, this ancient immune system benefits the shark wholeheartedl... ...he big question is, how far do we push it and are we going to exterminate the main killing machine of the watery ecosystem with the quest for our own survival? It remains a mystery. Bibliography Altman, Lawrence K. à ¬Shark Substance Found to Limit Tumor Growth.à ® New York Times 1 May 1996: A15. Beardsley, Tim. à ¬Sharks Do Get Cancer.à ® Scientific American October 1994: 24-25. Hooper, Judith. à ¬Unconventional Cancer Treatments.à ® Omni February- March 1993: 59-62. Lane, Dr. I. William, and Linda Comac. Sharks Donà ­t Get Cancer. Garden City Park: Avery Publishing Group Inc., 1992. Litman, Gary W. à ¬Sharks and the Origin of Vertebrate Immunity.à ® Scientific American November 1996: 67-71. Mestel, Rosie. à ¬Sharksà ­ Healing Powers.à ® Natural History September 1996: 40-47. Ports, Otis. à ¬Maybe Jaws Can Put the Bite on Cancer.à ® Business Week 21 November 1994:93.

Antimicrobial Drug Sensitivity Testing Essay -- essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Antimicrobial sensitivity testing is important clinically because the proper selection of an antimicrobial drug in the treatment of a bacterial infection is ideally based on the knowledge of the sensitivities of the infecting organism. In this laboratory exercise you will be working within a group performing a commonly used test that is designed to determine whether or not an isolated organism is able to be treated using a specific antimicrobial drug. The procedure is called sensitivity testing. This testing method allows clinicians to obtain information needed in order to make an informed and concise decision in reference to the antimicrobial drug usage. Methods and Materials   Ã‚  Ã‚  Ã‚  Ã‚  Materials being used in this test include: †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  6 Mueller-Hinton agar plates †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  14 cartridges of antimicrobial drugs †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  three automatic dispensers †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  two 1mL pipettes and pipette pump †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  broth culture of Staphylococcus aureus and Escherichia coli †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  spreading rod soaking in ethanol †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  two forceps soaking in ethanol †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  marking pen †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  ruler †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  antimicrobial sensitivity chart To start off this lab you will 1.  Ã‚  Ã‚  Ã‚  Ã‚  Label the plates wit...

The Human Genome Project :: essays research papers fc

The Human Genome Project The human genome project is a worldwide research effort with the goal of analyzing the structure of human DNA and determining the location of the estimated 100,000 human genes. The DNA of a set of model organisms is studied to provide the information necessary for understanding the functioning of the human genome. The information gathered by the human genome project is expected to be the source book for biomedical science in the 2lst Century and is of great value to the field of medicine. The scientific products of the human genome project will include a resource of genomic maps and DNA sequence information that will provide detailed information about the structure, organization, and characteristics of human DNA, information that constitutes the basic set of inherited â€Å"instructions† for the development and functioning of a human being. There are many benefits that can be gained from the human genome project; however, the project brings about much controversy in areas of e mployment, insurance, and social issues. Is genetic engineering a leap into the future or a leap toward destruction?   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The issues surrounding this project need to be scrutinized not only by the scientists working on the project, but also by lawmakers and the public in general. One of the major facts that people need to understand is the appearance of a gene does not predict the way a trait will be expressed physically. Looking into the future, lots of situations can arise from the availability of genetic testing. Some people may want to know if they are carriers of certain genes in order to make informed decisions about such personal matters as lifestyle, marriage, and childbearing. On the other hand, some may prefer to live their lives without knowing. Having such specific knowledge about our health, there is going to be many people who want to use the testing for the benefit of their companies and even society. A new understanding of parts of the human genome may result in discrimination based on a person’s genetic predisposition. Also, insurance companies may require people to submit to a genetic test before they could be covered. If the person applying is found to be unfit, it could go on his or her insurance â€Å"medical report†, such as a â€Å"credit report†, which would blacklist that person from ever getting coverage. Never mind the fact that genetic screening opens up the possibility of identifying a class of people that may become regarded as socially undesirable.

Hindrance to Effective Communication Essay

New technology such as smart phones should be a great asset and a powerful aid to helping us work more efficiently. We can respond to urgent emails on the go, refer to useful websites and look up quick facts. However, these gadgets, as well helping us, can also prove to be a hindrance providing information overload and constant interruptions. We receive so many emails and are exposed to so much information that it can be hard to distil what is actually important and what isn’t. We fill our brains with clutter and lose the ability to focus on our priorities and spend our time responding to trivial emails. We think we are multi-tasking but actually we are becoming less productive. We read each email but don’t always process the information we need. As a result, we risk irritating the sender by asking them to remind us what they said or to send the email again. More worryingly, we allow ourselves to be distracted from more important tasks by the seeming urgency of each email that comes in. This information overload doesn’t only impact the way we process information ourselves but can also have a negative impact on the way others perceive us. It is all too easy to give the impression that you are not listening to the other person. It can be quite obvious even on the telephone that you are distracted by your inbox rather than giving the speaker your full attention. In a face-to-face meeting, of course, it is only too apparent when the person you are talking to is distracted by their smart phone rather than focusing on the content of the meeting. In the past several years, texting and instant messaging have become phenomena that few of us have been able to escape. Though most popular with the younger generations, it is becoming increasingly common to see people of all ages absorbed in silent conversations on their cell phones. The availability of constant, instant communication makes many people feel connected to their friends in ways they never were before. But do these printed messages and instant responses help or hinder us socially? The instant messaging fad brought abbreviations such as â€Å"LOL† (Laugh Out Loud) and â€Å"BRB† (Be Right Back) into our language as commonly accepted â€Å"words.† The younger generations chatted happily in this new â€Å"language† while everyone else struggled to understand what â€Å"BTW† (By the Way) and â€Å"IDK† (I Don’t Know) meant. This phenomenon spread over into texting as children as young as five received the latest models of cell phones to communicate with their friends and family. Though everyone with a cell phone is clearly well-connected to other people, the question remains whether engaging in such constant, abbreviated communication is a help or a hindrance in personal relationship skills. Over the past decade there has been a dramatic difference in the attitudes and communication styles of the younger generations, but how much of this change has been compounded by the lack of face to face communication advocated by the texting craze? There is no way to tell for certain whether texting and instant messaging have actually caused the breakdown of one-on-one, face-to-face communication with people, but I believe it has not helped. Instead of using cell phones as a mere communication tool, many young people view them as a necessity they could not possibly live without. We have all seen people glued to their phones, their fingers flying over the keys as they stand in line at the store, or are walk down the mall, and even frighteningly enough, while they are driving. In one case, a pair of girls walking together in the mall admitted that they were texting each other! I have even been engaged in a conversation with someone when they whipped out their phone to send a text message to someone else! Is this the kind of society we are encouraging by allowing young people to be so dependent on their phones? A society where face to face communication all but ceases to exist in place of disembodied text messages, even when the person you are talking to is standing beside you? It may be true that the people sending and receiving those text messages are communicating with each other, but what does it say to the people who are actually physically around them? What happened to the days when you could walk through the store and complete strangers would smile and greet you as you passed? Have the basic societal manners of years gone by disappeared for good? Using cell phones to talk or text is not a bad thing in itself. However, it is my opinion that certain rules of etiquette should be applied when using them in order to maintain a respectful relationship with everyone you are in contact with. Being glued to your cell phone puts off a very distinct signal that you are unavailable and unapproachable to everyone around you. If you text a friend while talking to someone else you are telling the person in front of you that the friend is more important than they are. Bad grammar and spelling are also compounded by electronic communication. Constantly using abbreviations and fragments in instant communication ingrains these bad habits into a person. English teachers have always struggled to encourage correct spelling and grammar in their students. Now, with texting and instant messaging becoming so prevalent, their jobs are that much harder. And it is not just in the classroom where spelling and grammar have fallen by the wayside. Businesses who are interested in maintaining a high level of professionalism are often hard-pressed to find applicants who can spell, speak, and write properly. So, what can we do to help those people who are addicted to their phones remember that there is more to life than texting and instant messaging? I believe that parents should try to encourage their teenagers to talk on the phone for long conversations, rather than texting back and forth 500 times. Doing so will help teens develop real conversation skills which are not possible in the lingo of texting. Also, everyone should be encouraged to give their full attention to the person they are talking to. If you are engaged in a conversation with someone who starts texting some0one else, kindly ask them to finish talking with you first. If they refuse, simply walk away. I have used this method myself very effectively. Usually, if the person cares about you at all, they will realize how rude their behavior is. So, is texting and instant messaging a help or a hindrance? I believe it is both. Texting and instant messaging can be wonderful forms of communication when implemented correctly, but they can also be abused and have adverse effects. People of all ages need to realize that moderation is the key when using alternate forms of communication. By understanding when these forms are appropriate and when they are not, people can gain valuable communication skills, be more likely to absorb correct spelling and grammar principles, be more productive in the business world and appear far more approachable to the world in general. Since society as a whole is becoming increasingly dependent on the instant communication provided by cell phones, I believe that we must all do what we can to engage in respectful behavior ourselves and encourage it in others. Excellent communication, proper grammar and spelling do not have to be things of ages past. With a little effort and encouragement we can all help ensure that these important values of yesteryears are around for future generations. Texting is the preferred method of communication for young people. According to an article by Mike Flacy, DigitalTrends, â€Å"One in ten young adults between the ages of 18 to 24 report that they send or receive at least 200 text messages per day (approximately 6,000 messages per month). The next age group, 25-34 year olds, typically average about 42 texts per day and this trend continues to decrease down to about 5 texts a day for the 65 and older group.† 200 text messages per day? Do they have time to do anything else in life? Will these young adults get carpal tunnel syndrome of the thumbs? Do you prefer to text rather than talk? According to the survey, â€Å"Most people are too occupied and busy in today’s world that they hardly get enough time to have an elaborated conversation on phone, and hence prefer to communicate via text.† I can see the attraction to texting, however I do like to hear a person’s voice. The emotions and flavor of the conversation can be misunderstood more easily through texting. After all, you can’t hear the sighs and laughter while texting. Yes, you can text little acronyms like â€Å"LOL† and put little smiley faces in your text, but sarcasm and irony are lost in texting. I do like to get little morning text messages from my friends far away, and it is how I communicate with my son most of the time. But I would have to say, my preferred method of communication is voice or Skype. With texting taking over, hands-free devices are even more important. Many of the Smartphones have the capability of translating voice into text to send text messages without typing. A good quality Bluetooth headset with noise canceling makes this process much better. Do you have a Bluetooth mobile headset? I have a Droid X, which is a bit cumbersome to hold up to your ear to talk. I love having my Bluetooth headset to use, especially for multitasking around the house while talking on the phone. And of course with more and more states requiring hands-free devices while driving, a good headset is essential. Do you have one? What’s your favorite? Meanwhile, don’t get into any thumb wrestling contest with anyone under 30 years of age. You KNOW their thumbs are agile and strong from texting a bazillion words per minute.

Wellness programs try to Be welcoming

AH, July: an ideal time of year for morning runs, long swims, family bike rides and picnic tables laden with seasonal produce. In short, it’s healthy time.  Unfortunately, it’s also health care time — when managers must contend with rising health insurance premiums as they plan next year’s budget.  What is a cost-conscious manager to do? The answer of the moment is to provide a wellness program, promoting healthy behavior year-round.According to a survey by the Hay Group, a consulting firm, more than half of all large companies offer some combination of services like nutrition education, weight management assistance, health risk assessments, and help with quitting smoking; more than a quarter offer things like fitness coaching and discounts on health club memberships.  Ã¢â‚¬Å"I was basically out of the business for the better part of the decade,† said Michael Carter, a vice president at Hay responsible for employee health management consulting. â€Å"Now everybody’s my new best friend.†On the surface, it is hard to see anything wrong with urging employees to tone up and trim down. A fitter work force is a happier work force, and less costly, too.  But wellness programs can be minefields. Some employees may resent the programs, viewing them as examples of father-knows-best intrusiveness. At least one program has even formed the background for a lawsuit.The biggest challenge of wellness programs is to reach the employees who would get the most out of them. Gym rats will always take advantage of benefits like discounted health club memberships — but they would probably work out anyway, and discounts may not be enough for those who are seriously overweight or out of shape.  Personalized incentives like fitness coaching and nutrition counseling are often a better way to reach employees in the middle group who just need a little encouragement. It is also crucial to make accommodations for disabled emplo yees.And the tone taken is crucial: who wants the boss telling you to eat your spinach? A program that feels coercive will probably never be as popular as one with positive incentives, like cheaper health insurance.  Employees respond best to wellness programs that are presented as a form of organizational change, rather than as a top-down imposition of new requirements, according to a study of 243 employees by Ellen Ernst Kossek, a professor of human resource management and organizational behavior at Michigan State University, and two colleagues.  Ã¢â‚¬Å"It shouldn’t be, ‘Here’s this program,’ † she said. â€Å"It should be linked to ‘How do we make a workplace that’s healthy for everyone.’ †Ã‚  Scotts Miracle-Gro has one of the most extensive wellness programs on offer. Services include personalized fitness coaching and a $5 million wellness center at its headquarters in Marysville, Ohio, with a gym and medical facili ties. The company also has a policy against hiring workers who smoke, where state law permits.Participation in Scotts’ wellness programs is high — but the company has also seen an unexpected side effect from its efforts.  Last year, Scott Rodrigues filed suit against the company in Massachusetts, saying that Scotts fired him after a drug test found nicotine in his system and that the company’s antismoking policy violated his civil rights.  Harvey Schwartz, Mr. Rodrigues’s lawyer, said the case was also an example of benefits discrimination, where a company dismisses an employee to avoid high benefits costs.  In a motion to dismiss the case, which is pending, Scotts said that Mr. Rodrigues had not actually been hired but had been offered a job on the condition that he pass a drug screen, including a test for nicotine.â€Å"When you look at controlling costs,† said Su Lok, a Scotts spokeswoman, smoking â€Å"is something that employers are rea lly taking a stand on.† The company had no comment on the specific case because it is ongoing.  Union Pacific Railroad has had a smoother ride with its longstanding wellness program. The proportion of health insurance claims related to lifestyle has dropped by 11 percentage points over 11 years, said Marcy Zauha, the company’s director for health and safety.Union Pacific, based in Omaha, offers some companywide wellness benefits, including health risk assessments and stop-smoking plans. But much of the program, including regional walking contests and group weight-loss efforts, is administered locally. Managers’ health promotion initiatives are included in their annual reviews.  Ã¢â‚¬Å"We’ve tried to build health into our existing culture,† Ms. Zauha said.Fiserv, a financial services technology company based in Brookfield Wis., created a wellness program in 2005 to better recruit and retain employees.  Fiserv employees who fill out a health risk assessment receive a sizable discount on their monthly health insurance premium. There are also companywide fitness challenges: in a recent eight-week walking contest, participants were issued pedometers, and anyone who walked 7,000 steps a day received a prize.Teams have to been known to question whether their rivals really log the number of steps claimed. But that was fine with Linda Schuessler, manager of wellness promotion.  Ã¢â‚¬Å"As long as they’re engaged,† Ms. Schuessler said, â€Å"we don’t really mind those concerns.†(this is the copyofth article from NY Times,http://www.nytimes.com/2007/07/22/business/yourmoney/22mgmt.html?ex=1186113600&en=ded5f6bb661041b0&ei=5070#)Journal AssignmentThe concept at hand is about how managers and company heads would make the most out of their companies by introducing a healthy lifestyle to their employees. It is evident that today, health care costs are so high that rising health insurance premiums would surely be in the way of budgeting for the company (Holland). Obviously, these company heads and managers should not jeopardize the health of their employees, that they should provide the necessary things for their wellness. But surely, this would cost them that it wouldn’t be that easy to pull out strings and fix the budget. That is why these managers should resort to a way that would be more cost effective and keep them from harms way of these health care costs.The article discusses how managers and company heads employ human resource management in order to do away with the costly expenses of health care and health insurances that they provide to the employees. But this doesn’t mean that they neglect the health of these working people. It is true that these people are very important to the company, that these companies need them in order to be productive, which is why it is important that their every need will be given to them or will be addressed.What these company leaders and managers do is that they make sure that these employees are healthy so that they can avert the spending that they’ll have to give when any of these gets sick or has health problems. In order not to shoulder the burden of health care and health insurance premiums, they offered to keep them fit in their own ways.In order to do so, these companies offer basically every health guidance and services that they can offer to the employees. These includes educating them regarding nutrition and proper diet, weight management assistance, health risk assessments and checkups, fitness coaching and giving out memberships for fitness groups and health clubs. Through this, the company themselves are able to ensure that their employees are fit and are far from harms way, thus saving them the costs of health care for these people. Thus, the companies’ budgets will not be greatly affected.If you would relate this approach in human resource management, you could see that this is more on the incentive aspect, wherein you provide your employees something that would keep them going to work. For those who are concerned with their health and well-being, they would surely grab the opportunity of free health club memberships and nutrition education. This is positive for the company, since the employees themselves are the ones who initiate in keeping themselves healthy. Remember, the main concern of the company in this issue is how they can do away with the extra costs of health care and health insurance premiums for their employees.Regarding the effectiveness of this approach, the article states that there are already several large-scale companies who adopted this system. They have their own health clubs and offer free membership to their employees. They say that these greatly helps them in cutting costs, thus the allotted budget for healthcare would be saved. There are still some who are not that much into health stuffs, people who think that nutrition education is l ike intruding with their lives. These people are those who would most likely have health risks and should be given enough consideration in order to engage them in these health programs.Human resource management surely entails various levels of dealing with the people you are handling. This includes how you handle them, and the ways on how you are able to manage them, making them do what they’re suppose to do. This is where healthcare comes in, wherein their safety and well being is not only their concern, but should also be the company’s priority. When their wellness goes down, the company goes down as well, in terms of both manpower and monetary aspects.Reference:Holland, K. (2007). Wellness Programs Try to Be Welcoming, Too. The New York Times. Published July 22, 2007. Retrieved August 1, 2007, from http://www.nytimes.com/2007/07/22/business/yourmoney/22mgmt.html?ex=1186113600&en=ded5f6bb661041b0&ei=5070# Wellness Programs Try to Be Welcoming AH, July: an ideal time of year for morning runs, long swims, family bike rides and picnic tables laden with seasonal produce. In short, it’s healthy time.Unfortunately, it’s also health care time — when managers must contend with rising health insurance premiums as they plan next year’s budget.What is a cost-conscious manager to do? The answer of the moment is to provide a wellness program, promoting healthy behavior year-round.According to a survey by the Hay Group, a consulting firm, more than half of all large companies offer some combination of services like nutrition education, weight management assistance, health risk assessments, and help with quitting smoking; more than a quarter offer things like fitness coaching and discounts on health club memberships.â€Å"I was basically out of the business for the better part of the decade,† said Michael Carter, a vice president at Hay responsible for employee health management consulting. â€Å"Now everybody’s my new best friend.†On the surface, it is hard to see anything wrong with urging employees to tone up and trim down. A fitter work force is a happier work force, and less costly, too.But wellness programs can be minefields. Some employees may resent the programs, viewing them as examples of father-knows-best intrusiveness. At least one program has even formed the background for a lawsuit.The biggest challenge of wellness programs is to reach the employees who would get the most out of them. Gym rats will always take advantage of benefits like discounted health club memberships — but they would probably work out anyway, and discounts may not be enough for those who are seriously overweight or out of shape.Personalized incentives like fitness coaching and nutrition counseling are often a better way to reach employees in the middle group who just need a little encouragement. It is also crucial to make accommodations for disabled employees.And the tone ta ken is crucial: who wants the boss telling you to eat your spinach? A program that feels coercive will probably never be as popular as one with positive incentives, like cheaper health insurance.Employees respond best to wellness programs that are presented as a form of organizational change, rather than as a top-down imposition of new requirements, according to a study of 243 employees by Ellen Ernst Kossek, a professor of human resource management and organizational behavior at Michigan State University, and two colleagues.â€Å"It shouldn’t be, ‘Here’s this program,’ † she said. â€Å"It should be linked to ‘How do we make a workplace that’s healthy for everyone.’ †Scotts Miracle-Gro has one of the most extensive wellness programs on offer. Services include personalized fitness coaching and a $5 million wellness center at its headquarters in Marysville, Ohio, with a gym and medical facilities. The company also has a pol icy against hiring workers who smoke, where state law permits.Participation in Scotts’ wellness programs is high — but the company has also seen an unexpected side effect from its efforts.Last year, Scott Rodrigues filed suit against the company in Massachusetts, saying that Scotts fired him after a drug test found nicotine in his system and that the company’s antismoking policy violated his civil rights.Harvey Schwartz, Mr. Rodrigues’s lawyer, said the case was also an example of benefits discrimination, where a company dismisses an employee to avoid high benefits costs.In a motion to dismiss the case, which is pending, Scotts said that Mr. Rodrigues had not actually been hired but had been offered a job on the condition that he pass a drug screen, including a test for nicotine.â€Å"When you look at controlling costs,† said Su Lok, a Scotts spokeswoman, smoking â€Å"is something that employers are really taking a stand on.† The company ha d no comment on the specific case because it is ongoing.Union Pacific Railroad has had a smoother ride with its longstanding wellness program. The proportion of health insurance claims related to lifestyle has dropped by 11 percentage points over 11 years, said Marcy Zauha, the company’s director for health and safety.Union Pacific, based in Omaha, offers some companywide wellness benefits, including health risk assessments and stop-smoking plans. But much of the program, including regional walking contests and group weight-loss efforts, is administered locally. Managers’ health promotion initiatives are included in their annual reviews.â€Å"We’ve tried to build health into our existing culture,† Ms. Zauha said.Fiserv, a financial services technology company based in Brookfield Wis., created a wellness program in 2005 to better recruit and retain employees.Fiserv employees who fill out a health risk assessment receive a sizable discount on their monthly health insurance premium. There are also companywide fitness challenges: in a recent eight-week walking contest, participants were issued pedometers, and anyone who walked 7,000 steps a day received a prize.Teams have to been known to question whether their rivals really log the number of steps claimed. But that was fine with Linda Schuessler, manager of wellness promotion.â€Å"As long as they’re engaged,† Ms. Schuessler said, â€Å"we don’t really mind those concerns.†(this is the copy of the article from NY Times, http://www.nytimes.com/2007/07/22/business/yourmoney/22mgmt.html?ex=1186113600&en=ded5f6bb661041b0&ei=5070#)Journal AssignmentThe concept at hand is about how managers and company heads would make the most out of their companies by introducing a healthy lifestyle to their employees. It is evident that today, health care costs are so high that rising health insurance premiums would surely be in the way of budgeting for the company (Holland). O bviously, these company heads and managers should not jeopardize the health of their employees, that they should provide the necessary things for their wellness. But surely, this would cost them that it wouldn’t be that easy to pull out strings and fix the budget. That is why these managers should resort to a way that would be more cost effective and keep them from harms way of these health care costs.The article discusses how managers and company heads employ human resource management in order to do away with the costly expenses of health care and health insurances that they provide to the employees. But this doesn’t mean that they neglect the health of these working people. It is true that these people are very important to the company, that these companies need them in order to be productive, which is why it is important that their every need will be given to them or will be addressed. What these company leaders and managers do is that they make sure that these empl oyees are healthy so that they can avert the spending that they’ll have to give when any of these gets sick or has health problems. In order not to shoulder the burden of health care and health insurance premiums, they offered to keep them fit in their own ways.In order to do so, these companies offer basically every health guidance and services that they can offer to the employees. These includes educating them regarding nutrition and proper diet, weight management assistance, health risk assessments and checkups, fitness coaching and giving out memberships for fitness groups and health clubs. Through this, the company themselves are able to ensure that their employees are fit and are far from harms way, thus saving them the costs of health care for these people. Thus, the companies’ budgets will not be greatly affected.If you would relate this approach in human resource management, you could see that this is more on the incentive aspect, wherein you provide your empl oyees something that would keep them going to work. For those who are concerned with their health and well-being, they would surely grab the opportunity of free health club memberships and nutrition education. This is positive for the company, since the employees themselves are the ones who initiate in keeping themselves healthy. Remember, the main concern of the company in this issue is how they can do away with the extra costs of health care and health insurance premiums for their employees.  Regarding the effectiveness of this approach, the article states that there are already several large-scale companies who adopted this system. They have their own health clubs and offer free membership to their employees. They say that these greatly helps them in cutting costs, thus the allotted budget for healthcare would be saved. There are still some who are not that much into health stuffs, people who think that nutrition education is like intruding with their lives. These people are th ose who would most likely have health risks and should be given enough consideration in order to engage them in these health programs.Human resource management surely entails various levels of dealing with the people you are handling. This includes how you handle them, and the ways on how you are able to manage them, making them do what they’re suppose to do. This is where healthcare comes in, wherein their safety and well being is not only their concern, but should also be the company’s priority. When their wellness goes down, the company goes down as well, in terms of both manpower and monetary aspects.Reference:Holland, K. (2007). Wellness Programs Try to Be Welcoming, Too. The New York Times. Published July 22, 2007. Retrieved August 1, 2007, from http://www.nytimes.com/2007/07/22/business/yourmoney/22mgmt.html?ex=1186113600&en=ded5f6bb661041b0&ei=5070#