Ethics assignment Example | Topics and Well Written Essays - 500 words

Ethics - Assignment Example by the advice of the instructor and disregard, in my final analysis of the data, the 5% of the sample that had showed negative response to the drug being tested. In this case, I would not disclose to the 5% of the people who responded negatively to the drug, that the drug possibly made them to develop some medical problems. One of the stakeholders in this dilemma is the management and the shareholders of the drug manufacturing company that had funded this research. Disclosing the 5% negative response of the drug being tested could lead to big losses to the shareholders of the company because, the drug being tested could be regarded unfit for human consumption. The second stakeholder in this dilemma is the human research subjects. Failure to disclose the true results of the research could make some the study subjects who had showed evidence of developing medical complications due to the drugs, not to seek medical care. The third stakeholder is the ethical dilemma is me, the ethical decision maker. The ethical decision that I would make in this dilemma would determine whether I have acted professionally or not. This would have an effect in my career. The supervisor is the fourth stakeholder in this dilemma. The decision that I would take in this case would, undoubtedly, have an effect on the supervisor: adhering to the supervisor’s advice would mean that the supervisor would be considered successful in this research, while defying the advice of the supervisor would imply that the supervisor is not successful in this research. The choice of the first possible action in this dilemma would be perfectly in line with the ethical guidelines for statistical practice. One of the ethical guideline for statistical practice is observing professionalism and avoiding deceptions and other unethical behaviour in statistical analysis. Including the 5% of the sample would mean that the drugs have some health problems and this could mean big losses to the shareholders of the

Managing Diversity and Equal Opportunity Essay Example | Topics and Well Written Essays - 3000 words

Managing Diversity and Equal Opportunity - Essay Example Moreover, the discussion of this report would also reflect on identifying the amount of workers who meet obstacles in relation to developing their career that have been labelled ‘glass ceiling’ and ‘glass cliff’ within the United Kingdom (UK) business organisations. In order to provide relevant examples relating to the present demographic trends, the report would also render instances of real cases of the UK companies regarding their practice of managing diversity and equal opportunity within the organisation. Part 1: Ways in Which Current Demographic Trends Influence to Increase Workforce Diversity The incessant growth and development of demographic trends has been identified to enforce numerous challenges for the global organisations to manage diversity along with promoting equal opportunities. According to the concept of demographic trends, the notion has been identified to increase since the period of 1950s within the UK population. In this regard, the m ajor ways in relation to the current global demographic trends which augment workforce diversity can be characterised into different categories (Department for Business Innovation and Skills, 2013). A few of the major ways of demographic trends have been briefly highlighted in the following discussion. Internationalisation The rising pace of internationalisation has been viewed as one of the major factors, which influences the development of the current demographic trends within the UK. In relation to the present globalisation driven era, the rising internationalisation trends rapidly influence the organisations to focus on managing diversity and rendering equal opportunity to the workforce. The incessant development of the global business organisations has resulted in... The incessant growth and development of demographic trends has been identified to enforce numerous challenges for the global organisations to manage diversity along with promoting equal opportunities. According to the concept of demographic trends, the notion has been identified to increase since the period of 1950s within the UK population. In this regard, the major ways in relation to the current global demographic trends which augment workforce diversity can be characterised into different categories. A few of the major ways of demographic trends have been briefly highlighted in the following discussion. The rising pace of internationalisation has been viewed as one of the major factors, which influences the development of the current demographic trends within the UK. In relation to the present globalisation driven era, the rising internationalisation trends rapidly influence the organisations to focus on managing diversity and rendering equal opportunity to the workforce. The inc essant development of the global business organisations has resulted in compelling these corporations to extend business locations across the geographical boundaries (CIPD, 2013). Therefore, the organisations are not fully aware of the potential advantages and at times overlook the required competencies and knowledge to successfully obtain the foreign opportunities. In this regard, the diverse culture, language and racial differences often discourage the UK companies from accomplishing their overseas opportunities.

Effective group discussion Essay Example | Topics and Well Written Essays - 500 words

Effective group discussion - Essay Example The agenda would involve discussion on the above topic/ question and determine whether the conjecture is supported by sufficient facts to make it a plausible outcome. Use of moderator and tape recorder would ensure that discussion progresses smoothly during the 30 minutes, allotted to the group. The two questions would be discussed to come determine the veracity of the topic. Two discussion questions would be: the possible penalty that can effectively serve as deterrent measure for speeding; and previous outcome of the penalty on the convicts (Ehrlich, 1973). 2 minutes would be allowed to each of 10 participants to give their reasons and 10 minutes would be used to make empowered decision by the group leader, based on the informed choices as presented by the participants. It is hoped that discussion would help determine the outcome of conjecture. The discussion would focus on 3 areas: the legal aspect of the process of euthanasia in different countries; the moral paradigm of practice of euthanasia; and the efficacy of methods used on patients with terminal illness (Emanual & Fairclaugh, 2000). A moderator would oversee that discussions proceed within the defined guidelines and make recordings of the same. The 6 participants would be given 2 minutes to present their facts and views. Rest of the times would be used to collate the facts and use brainstorming techniques to decide on the outcome. The group leader would ensure that facts and moral compulsions are judiciously used to determine the conditions under which conditions euthanasia can be made legal. The main agenda of discussion would involve discussing the situation on the broader context of healthcare accessibility to the marginalized population of poor countries and the ways it can be addressed by developed countries and corporations. The discussion would be of 30 minutes

How Does Real Estate Affect the US Economy Assignment

How Does Real Estate Affect the US Economy - Assignment Example It might be interesting to note that many sources define real estate as "land and everything made permanently a part thereof, and the nature and extent of one's interest therein" (Real Estate 2007). It is important to remember that the land may not be worth very much in and of itself. It is valuable because of the interest it holds for the owner. Perhaps the land is valuable because of its position in relation to something else. Or it could be valuable because of what lies underneath the soil such as oil, minerals, or even archeological treasures. Or perhaps valuable things reside on its surfaces such as timber, animals, or historical sites. Or it could simply be that the most valuable asset of land is what it can be used for. It then becomes clear that the true purpose of real estate is to create a situation in which the land is developed so it is being used to appropriately further the interest of its owner. According to a brief review of real estate in Wikipedia (Real Estate 2008) real estate covers every step in the process of acquiring or disposing of land. When an individual wishes to find a particular property she may consult a real estate brokerage in hopes of either buying property or investing in the property.   Some individuals wish to retain ownership of their property for a variety of reasons but may allow others to use it. They may rent out the buildings or give permission for the land to be farmed or for a profit-generating structure to be built on it. In cases where the primary purpose of a property is to make a profit those involved move into the area of commercial real estate. Commercial real estate can involve the building of a hospital, parking garage, shopping mall, and in some cases (especially for tax and loan purposes) residential structures which will house a specific number of people (Real Estate 2008). Keeping in mind that real estate includes the buildings as well as the land such individuals may require assistance in keeping up with all the things required of the myriad options and transactions required in dealing with property. Real estate has taken this into account and created yet another subfield called property management that devotes its time and resources to exactly this sort of arrangement. Property management tends to be a highly sought real estate service especially among those individuals who own several properties that are rented out and for commercial properties (Real Estate 2008).

Home Remedy and Complementary Medications Assignment

Home Remedy and Complementary Medications - Assignment Example For the purpose of a pimple I had been using; dipping of cotton into fresh lemon juice and applying on the pimple before going to bed, putting an ice cube in a piece of cloth and holding it onto the affected area, applying of white toothpaste on the pimple before going to bed, rubbing of garlic clove several times a day, talking the steam of hot water on the entire face or usage of honey on to the affected area for half an hour. The objective of considering such folk remedies basically includes fewer side effects as compared to the prescribed doctor’s medication. Mostly all of us have endured folk remedies. For the purpose of a pimple I had been using; dipping of cotton into fresh lemon juice and applying on the pimple before going to bed, putting an ice cube in a piece of cloth and holding it onto the affected area, applying of white toothpaste on the pimple before going to bed, rubbing of garlic clove several times a day, talking the steam of hot water on the entire face or usage of honey on to the affected area for half an hour.

Research Methods Assignment Example | Topics and Well Written Essays - 2500 words - 1

Research Methods - Assignment Example The study below details a research conducted on a number of stock exchange items with graphical representation of their performance in price changes and volumes to aid indicate to the investors different items on the various counters and stock markets. Analyzing the stock market requires the application of technical skills that one may need for close monitoring the movements of a stock on daily basis to capture all the changes and use them to make investment decisions or advice the different stakeholders about the stock. Looking at the historic data of a security allows one to better understand its behavior and therefore make it easier to predict the next movement in prices. The prediction may never prove 100% unless if one predicted that the market will move up, come back down and eventually stagnate at one time. It is therefore vital to follow up on the daily movements of a stock in order to present a relatively close prediction of the price movements and the volumes traded. The percentage change of a stock aids in understanding the volatility of the stock, which plays a major role in comparing with a benchmark period, or stock. Looking at the volumes that a stock is able to trade in a day reflects the momentum of the market, which displays the actual movement of the stock within a specified period and hence dictating the efficient nature of the market (Singal, 2006, p.1). These may reflect a week, a day, a month or on yearly basis. The analysis below is based on the stock prices and considered on volumes traded on a weekly basis for different indices over a period of a year each and the detailed explanation of their meaning to an investor. Download the weekly data of the index for the calendar year 2009 and make a time plot of the data. Comment on the variability of the index looking at the plot. Report the standard deviation

Discuss the role of demand Essay Example for Free

Discuss the role of demand Essay In this paper we discuss the role of demand and supply in determining equilibrium price and quantity in the market, in a free market the demand and supply determine the equilibrium price and demand, in this case we consider 2,500 apartments which are to be leased out at a rate of 1,100 per month. If we assume that this is the equilibrium price and quantity in the market we can derive our demand and supply curve to determine the various factors that will affect the equilibrium price and quantity. From the above diagram the intersection of the demand curve and supply curve give us the equilibrium quantity and the equilibrium price, if the price was to rise then the demand for the apartments would decline, if the price was to decline then demand would be high for these apartments. The adjustment of the free market is automatic because when the supply rises then prices decrease, when prices decrease then the demand increases forcing the prices to rise, therefore in the long run the free market is at equilibrium, the factors that affect this equilibrium therefore include demand, supply, prices and charges by other competitors. Change in demand: When demand increases there will be an increase in the level of prices, this is caused by the fact that as the demand increase then the demand curve shifts to the right as shown below, when the demand increases then the prices increase, when prices increase then more apartment builders will be encouraged to increase supply of apartments resulting into increased supply, increased supply will shift the supply curve to the left leading to a decline in prices, therefore in the long run the curves will adjust into a new equilibrium, this is shown in the diagram below: When the demand for houses increase then the demand curve shifts from demand curve 1 to demand curve 2, this increases the prices, as the price increase investors are encouraged to invest more and provide more apartments, this results into increasing supply, when supply increases due to the increased prices the supply curve shifts downwards from supply curve 1 to supply curve 2, the new equilibrium now is where demand curve 2 intersects with supply curve two. Our new equilibrium is at a lower price yet a higher quantity. This clearly shows how the market shifts as a result of change in the demand for apartments. Changes in supply and demand: Changes in the supply is caused by the price, when the price rise then the supply level increases, when the price declines then the supply level declines. On the other hand the demand is also affected by prices, when prices decline then the higher the demand and when the price rise then the lower is the demand. Shifts in the demand and supply curve will affect decision making, this is because as economists we will aim at producing at the most optimal position, the optimal point will be determined by the maount of revenue derived from the apartments, the higher the price the higher the revenue per aprtmetn yet the lower the revenue the lower the revenue per apartment, however total revene will be calculated by multiplying the demand with price. Four points emphasized: When demand increases prices will rise, When the prices rise then the higher the supply, The higher the supply the lower the price and The lower the price the higher the demand Application: This concept of demand and supply can be used to determine the result of an increase in the price of product or even a reduction in the price, however our above analysis is that of a normal good, therefore in the workplace we can determine what wll happen to the demand and revenue after an increase or decline in prices. Elasticity of demand: Price elasticity of demand is the responsiveness of demand to a change in prices, the hgher the price elasticity then the hgiehr the demand wil respoind to a change in prices, however the lower the price elasticity then the lower is the responsiveness to a change in price. Results: From the above discussion we have summarized the law odf demand and supply for a normal good, it is evident that for a normal good when demand increases prices will rise, when the prices rise then the higher the supply, the higher the supply the lower the price and finally the lower the price the higher the demand. References: Brian Snow (1997) Macroeconomics: Introduction to Macroeconomics, Rout ledge publishers, London Philip Hardwick (2004) Introduction to Modern Economics, Pearson Press, New York Stratton (1999) Economics: A New Introduction, McGraw Hill Publishers, New York