Should young people carry guns Essay Example | Topics and Well Written Essays - 1250 words

Should young people carry guns - Essay Example Reported incidences of gun possession particularly by the media enhanced the growing concern over school violence. Recent reports of violence are a clear indication that guns should be prohibited in schools as they instill fear, disrupt education and may lead to physical harm or death. Researchers have attempted to identify reasons for the increase in school violence. Research in the field of psychology, criminology and social sciences have attempted to identify reasons for the increase in violence. The research was carried out in order to explain crime among the youth and also, so as to develop effective policies that may reduce crime (DeLisi 20).Researchers needed to provide clear definitions of the term â€Å"Violence† and â€Å"Weapons† in order facilitate the establishment of effective policies and laws. According to Sexton-Radek, violence refers to the threat or use of physical force that results in physical damage or intimidates another individual (Sexton-Radek 5). Weapons were later defined as any object that may be used to instill harm or intimidation (Hanks 21). Crime prevention policies and laws were adopted in an attempt to reduce crime. I n1990, the Gun Free Schools Zones Act stated that it is a federal offence for a student to knowingly poses a firearm in the school zone. The 1994,Gun Free Schools Act stated that states receiving federal funds for education were required to enact state laws that approved the expulsion of students, as a consequence for gun possession(Hanks 16). These two laws laid the foundation for other implemented state statutes. Schools were expected to adopt policies and safety measures that ensure the protection of students and teachers within the school zone. The definition of a weapon greatly influenced the established laws governing ownership of guns. In the U.S weapons are classified into three categories. These categories are true weapons;

Discussion Questions Assignment Example | Topics and Well Written Essays - 250 words - 17

Discussion Questions - Assignment Example the community as well as that of its employees, being honest in their operations and ensuring that their operations do not harm the community, its environment or its economy. These obligations ensure that organizations uphold integrity in their operations and benefit their immediate societies (Paetzold, 2009). The approach of the second organization has several advantages that include creating a positive image of the organization to the public. Additionally, this approach can be used as a marketing strategy to reach more potential customers. The main advantage of the approach taken by the first organization is that it minimizes on costs. However, the approach may create a negative image of the organization. An organization’s responsibilities within a community differ from an individual’s responsibilities in several ways. While an organization is liable for all the actions that its employees take on its behalf, this is not the case with individual responsibilities. This makes the responsibilities of an organization to have a wider scope than those of individuals. Additionally, an organization, unlike individuals, risks incurring huge financial losses if it fails to observe its responsibilities. Individual responsibilities, on the other hand, have little financial or economic bearings on individuals (Paetzold,

Understanding of the Relevant Literature on the Skills Managers Dissertation

Understanding of the Relevant Literature on the Skills Managers Require in the 21st Century - Dissertation Example Understanding of the Relevant Literature on the Skills Managers Require in the 21st Century However, it is important to remember that the present age has new facets that are critical for the company’s success. Businesses nowadays are strongly influenced by globalisation and technological innovation. Hence, in order for managers to be effective, they must be capable of managing the forces that has characterized the new century. Moreover, since the new business age is very dynamic, it is therefore important for the managers of today to be more nimble and agile in order to anticipate and act quickly on the changes before they are pushed into obsolescence. That way, they can capture opportunities as they are realized or defend against threats as they emerge. Moreover, globalisation has demanded that managers become able to manage a diverse workforce as more and more companies are expanding overseas (Khatri and Ong, 1999). Hence there has been an increase in the demands of managers to go beyond their talents and skills to ensure that they are able to innovate themselves s ince this is basically the game that companies and managers have to play in the 21st century. The new century has offered new and exciting challenges for businesses all over the world. The massive improvements in technology have greatly helped in the advancement of communications and information capabilities of countries, companies and individuals worldwide. Basically, this has put an end to the industrial age and heralded the information age which has even brought to fore a new breed of employees, the knowledge workers. These people have radically changed the manner of doing things wherein the office hours as well as office spaces have been practically taken out of the equation (Serrat, 2008). This is all the more demanding if the company is trying to get and maintain a global presence since there is the inescapable need to source out manpower from the different countries from which they operate in as well as to be able to maintain this global workforce. Moreover, there has been a general shift from solely focusing on the financial indicators as the sole measure of the strat egic success of a company. Kaplan and Norton (2005) have shed light on the lack of capability of measuring the success of a company’s strategy by basing on the financials alone. According to these Harvard business thinkers, it is important to have a balanced view of the lagging as well as the leading indicators in order to properly gauge the company’s overall situation. Hence, they have brought forward the Balanced Scorecard (BSC) in order to properly capture these indicators in their four perspectives which are the Learning & Growth, Internal Business Process, Customer and of course the Financial Perspective. All these provide a confluence of indicators for the company to properly analyze their situation and make changes, if necessary, in order to ensure that they remain on track with their targets. However, all these goes to show the increasing demands to the managers of the 21st century wherein there seems to be a shift towards the capability to multi-task and be ab le to adapt to the fast-paced and multicultural business environment of today. Aim The purpose of this paper is to

Marketing Strategies Analysis Of Vodafone Marketing Essay

Marketing Strategies Analysis Of Vodafone Marketing Essay This report explores environmental evaluation and marketing strategies analysis of Vodafone. Referring to situational analysis, the SWOT analysis shows several important insights, such as fierce competition, high penetration rate, low differentiation and innovation. After defining two marketing goals, this study discusses marketing strategies of Vodafone from the perspective of marketing mix. Furthermore, there are two significant recommendations for Vodafone including social media and relationship marketing. Table of Content 1.0 Introduction This study will explain environmental evaluation and marketing strategies analysis of Vodafone. Firstly, this study will provide the situational analysis from the implementation of the SWOT analysis. Furthermore, segmentation targeting and positioning facilitates Vodafone to understand different needs of target markets. Secondly, the marketing objectives and goals will be defined and explained. Then, this study will introduce marketing mix to discuss marketing strategies. Finally, the recommendations will be given. 2.0 Situational Analysis This chapter will propose the situational analysis to evaluate the environment of Vodafone. The SWOT analysis including strengths and weaknesses of organisational environment and opportunities and threats of external environment aims to provide the comprehensive understandings of internal and external organisational environment. In the following, this chapter will employ the SWOT analysis to analyse and evaluate the internal and external environment of Vodafone. 2.1 Strengths There are several aspects of Vodafone strengths including brand recognition, emerging markets, solid foundation in major countries, strategic alliances and new service development. For instance, along with the economic recession severely influences the prospect of developed countries, such as European countries, UK, and North America, emerging markets increasingly contribute to the sustainable development of Vodafone. In terms of Table 1, during the period between 2009 and 2011, the annual growth of service revenue in emerging markets is more than 6%. However, there is comparatively slow growth of service revenue in Europe. Most telecom and internet service providers, like Vodafone, increasingly recognised that the exploitation and development of the global market, particularly emerging markets, considerably influence the sustainable development of telecommunications service providing companies partly because of the market saturation of domestic countries. Table 1: Key Revenue Performance Indicators 2009 2010 2011 Service revenue growth (0.3)% (1.6)% 2.1% Data revenue growth 25.9% 19.3% 26.4% Emerging markets service revenue growth 6.4% 7.9% 11.8% Europe enterprise service revenue growth (4.8)% 0.5% Fixed line revenue growth 2.1% 7.9% 5.2% Notes: (*) means that organic growth which presents performance on a comparable basis. Source: Vodafone (2011a, p.13) Furthermore, Vodafone has competitive abilities to develop new telecom service, such as 3G and data service. As Table 1 shown, compared with traditional service revenue growth, the data revenue growth is higher than traditional service revenue. Beside the higher growth of emerging markets and data revenue, the strong brand recognition and strategic alliances of Vodafone contributes to the sustainable development of Vodafone. 2.2 Weaknesses Several aspects of weaknesses, including uncertainty of revenue growth in data service and Euro market, gradually influence the development of Vodafone. For instance, there is a distinctive pattern of telecom service in emerging markets and developed countries. According to Figure 1, this figure implies that there are two significant results on mobile subscribers and penetration rates across regions. Firstly, the developing countries, especially rest of Asia, have over 800 million mobile subscribers, which is considered as the most potential mobile service consumption market. Secondly, compared with developed countries, rest of Asia and world has comparatively low mobile penetration. Hence, Vodafone, known as a pioneer of the global telecommunication service market exploitation and development, concerns its global market exploration. Figure 1: Total Mobile Subscribers and Penetration Rates by Region as of Mid-2007 Source: UMTS Forum (2008, p.6) 2.3 Opportunities Referring to Opportunities of Vodafone, the growth of emerging market and data service and telecom solution for corporates are described as two important opportunities. Firstly, as the previous analysed, the higher degree of mobile penetration in mature markets. Nevertheless, there is a growing space for Vodafone in emerging markets. Hence, emerging markets and relevant areas may gradually benefit the long-term development of Vodafone, since there are more opportunities. Secondly, Vodafone has its own business department for serving corporate client. Compared with consumer market, corporate client has their unique needs on communication and data service. For Vodafone, it not only is an opportunity, but also is considered as a challenge. 2.4 Threats There are several obvious threats facing Vodafone, such as high penetration rate in mature market, and powerful competitors. Firstly, as Figure 1 shown, compared with developing countries, mature markets, such as Europe and North America, have comparatively high penetration rate. In other words, the marketing environment in mature markets is more fierce competition than emerging markets. Secondly, in the UK mobile service market, there are three considerable competitors facing Vodafone, including Everything Everywhere (Orange and T-Mobile), O2 and Three. Everything Everywhere has more than 27.6 million subscribers (Everything Everywhere, 2011), which is separately more than each competitors. This competitor not only has the dominated position in the UK mobile service market, but also has the remarkable performance on international cooperation to explore global market. For example, it cooperating with Everything Everywhere in the UK market serves the Chinese tourists and residents dur ing the tourism period (Everything Everywhere, 2012). The following competitor is O2 that has over 22.2 million subscribers. For O2, it has the remarkable abilities to formulate and implement its well-defined marketing strategies. For instance, it provides the free Wi-Fi service suitable for consumers in McDonalds store (O2, 2012). These competitors exert their powerful influence on the competitive situation of Vodafone. 3.0 Differential Advantage/Competitive Edge This chapter will discuss the differential advantage/competitive edge of Vodafone, including solid foundation of innovation, innovative abilities for improve corporate client performance, and support of strategic alliances and cooperation. Firstly, Vodafone has its solid foundation in the telecom industry. In terms of the amount of the subscribers experiencing the telecommunication service, Vodafone is the second largest mobile telecommunications firm. Currently, Vodafone operates its telecommunications service in over 30 countries, such as UK, Australia, New Zealand, Germany, Italy, and Ireland, and, cooperating with domestic partners to provide telecommunication services in more than 40 countries, including Denmark, Singapore, Thailand, Russia, Finland and Ukraine (Vodafone, 2012a). In terms of Vodafone (2012c), the vision is to be the worlds mobile communication leader-enriching customers lives, helping individuals, businesses and communities be more connected in a mobile world. Secondly, in the corporate client market, Vodafone has its competitive advantages. For instance, Vodafone innovatively provides the TomTom with traffic data service and machine to machine communication solution (Vodafone, 2010). It not only makes traditional telecom service applied to business communication solutions, but also expands its market from consumer market to business client. Thirdly, the strong strategic alliances and cooperation of Vodafone facilitate Vodafone explore international market. For example, in 2011, Vodafone and Conexus created the relationship of strategic alliance for expanding the Asian market (Vodafone, 2011f). In fact, since strategic alliance has considerable abilities to understand local consumer behaviours, business environment and government regulation, these abilities helps Vodafone to effectively formulate and implement marketing strategies in foreign markets. 4.0 Segmentation Targeting Positioning Market segmentation is described as a market with the similar needs and behaviour of consumers. It is considered as a process of an organisation recognising its competitive advantages for serving market segmentation. After implementing strategy of market segmentation, Kotler Keller (2006) argued that target market is based on the understanding of specific needs, qualities and behaviours of market segmentation. In another hand, the determination of market segmentation may specific target market not available to competitors. The targeting and positioning is dedicated to understand what target market wants and how to provide suitable service satisfying their needs. Currently, Vodafone has two major target market including consumer market and corporate market. Referring to consumer market, for instance, young generation consumers, such as university and college students, are more concerned with mobile data service including mobile chat, quizzes, phone games, ticket purchase and others. For this specific target market, Vodafone may provide more discount for young generation consumers to make them become loyal consumers, which consequently benefits the long-term development of Vodafone. For corporate market, Vodafone incline to provide the customised service for specific corporate client, since different corporate clients have their specific needs. 4.0 Marketing Objectives and Goals The marketing objectives and goals contain two detailed orientations including marketing sales performance and marketing communication. Firstly, referring to marketing sales performance, there are several detailed predictors for Vodafone to determine the marketing sales performance in the following five years. In the next five years, the service revenue growth in emerging market should be kept at 20%, and in mature markets at 2%. Furthermore, new services, such as 3G and data service, should experience a considerable development, which should annually increase by 3%. Referring to cost of marketing activities, Vodafone should make more efforts to improve the performance of marketing activities. Secondly, marketing communication not only involves corporate communication and marketing communications, but also concerns branding and the improvement of brand image in the mind of consumers (Pelsmacker, Geuens Bergh, 2010). Hence, evaluating the performance of integrated marketing communication is considered as another important marketing goal for Vodafone. For instance, it may hire professional service consultants to assess the performance of Vodafones IMC from various perspectives, such as consumers attention rate, and frequencies of advertising. Moreover, the feedback from consumers and partners will be used for improve the future performance of IMC. 5.0 Marketing Strategies and Programmes The analysis and evaluation on marketing strategies of Vodafone from the perspective of marketing mix. In terms of Kotler, Armstrong, Saunders Wong (2001), marketing mix is described as an effective marketing analytic tool for determining and marketing products. Therefore, this section will use marketing mix to analyse and evaluate the marketing strategies of Vodafone. 5.1 Product Today, Vodafone has three major business categories including business solutions, personal solutions and branded phones devices (Vodafone, 2012b). The service for business solutions contains integrated communications, mobile solutions, productivity services, voice and messaging, roaming for your business and machine to machine solutions, which aims to provide the efficient communication environment for business and corporate clients. In regard to personal solutions, Vodafone desires to facilitate individual consumers communicate with family and friends through several channels, such as mobile, email, chat, and internet. Furthermore, Vodafone offers the retailing service of branded phones devices. Since there is an extremely similar mobile service among different telecom companies, Vodafone should concern more services beyond communication, such as apps downloads for individual consumers to experience the benefits and funs from smartphone. For corporate client, the technical suppor t and customised service may contribute to successfully attract and maintain corporate client. 5.2 Price From the traditional view, since there is a few telecommunications service providers in a country, this liberalised market particularly facilitates these providers become oligopolies (Cambini Valletti, 2003). These oligopolies have the competitive influence in the pricing decision in comparison with consumers. Along with the application of the internet-based technologies offers more choices for consumers, such as internet chat, consumers increasingly shape their own influence in this market. Nevertheless, Vodafone and its competitors provide the similar service package and prices for consumers. For Vodafone, there are two important price plans containing pay monthly and pay as you go. The plan of pay monthly includes several dimensions for consumer to choose their proper plan, such as plan type, contract length, plan type and monthly cost (Vodafone, 2012d). Hence, the mobile service providers play a critical role in the game of pricing. 5.3 Promotion Promotion, known as integrated marketing communications, plays an important role in the creation and delivery of the persuasive information for consumers and the establishment and enhancement of the interactive relationship between Vodafone and its customers. There are several strategies of integrated marketing communications developed by Vodafone, such as social media, advertising and internet-based platform. Vodafone, like most firms concerning their brand image and their interactive relationship with consumers, focuses on the application of social media. For example, Vodafone adopts Facebook, Twitter, and Yahoo to implement the interactive communication with target consumers. Furthermore, Vodafone establishes the internet-based platform to improve the engagement of consumers in mobile service and communications. For instance, several forums, including Apple forum, BlackBerry forum, HTC forum and others (Vodafone, 2012e), make each specific target market engage in these forums to e xchange feedback and experience on these products and relevant services. 5.4 Place Place is described as the distribution networking facilitating Vodafone effectively deliver services and products for consumers. In fact, the effective distribution networking can help firms to shape their competitive advantages. Currently, there are two major distribution channels developed by Vodafone, including online store and real store. Firstly, Vodafone launched the online store to offer several aspects of mobile products and services, such as mobile phones, accessories, apps downloads and mobile services. The online store can save consumers time and money. Secondly, Vodafone, like O2 and Everything Everywhere, operates real stores to improve customer experience. 6.0 Recommendations This chapter will propose two recommendations for Vodafone to achieve its sustainable development in the long run, including social media, and customer relationship and relationship marketing. The first recommendation on the application of social media concerns the implementation of integrated marketing communications. The second recommendation on relationship marketing contains four aspects to implement relationship marketing, such as service quality, price perception, brand image and value offers. In the following, this chapter will described relevant theories on social media and integrated marketing communications and relationship marketing and propose several detailed practices for Vodafone. 6.1 Social Media Vodafone adopted social media including Facebook, Twitter and Yahoo to enhance the interactive communication with target consumers. From the theoretical perspective, social media is defined as activities, practices, and behaviours among communities of people who gather online to share information, knowledge, and opinions using conversational media (Safko Brake, 2009, p. 6). Furthermore, these two researchers recognised that companies should integrate social media into their process of formulating and implementing marketing strategies. For consumers, social media plays a critical role in personal communication. Individuals enable to create and send their own understandings on Vodafone products and service, including good and bad feedback. However, compared with the traditional communications channels, such as advertising, sponsorship and public relations, Vodafone cannot control the contagion of user-generated information on the negative evaluation on Vodafone mobile services. Hence, it is difficult for Vodafone to manage social media. However, social media provides one of the most important measures, such as word of mouth. From the consumer perspective, the user-generated word of mouth may be more reliable and trusted in comparison with the Vodafone-generated information. For instance, Hanna (2008) stressed that more and more concerns review the online feedback on products or service experience from other consumers, which may exert its influence on their purchasing decision making. Based on the internet platform, individual consumers can share their experience and communicate with each other to become an influential opinion group. Vodafone should concern the development of these similar groups and engage in these groups to obtain their experience and information on products or service. The feedback and experience from consumers can help Vodafone to develop more effective marketing strategies. For the implication of social media for Vodafone, Vodafone should play an active role in the communication with target market under the circumstance of social media. For instance, Vodafone not only uses Twitter to send the information on products and services, but also employs YouTube to deliver the video on the practices of corporate social responsibility, such as social work for local communities. In particular, Vodafone should concern the contagion of the negative information and feedback and effective respond to these feedbacks. Furthermore, the resolution of the negative feedback not only may adjusts the negative attitude of consumers toward Vodafone and its mobile services, but also may recover consumer confidence and contribute to customer loyalty. 6.2 Customer Relationship and Relationship Marketing In terms of Tseng (2007), relationship marketing is described as the contemporary mainstream of marketing thoughts concerned with the establishment and maintenance of the strong relationship between firms and consumers. In this essence, the formulation and implementation of marketing strategies should be based on the comprehensive understanding on the changing needs of consumers. Compared with the traditional marketing thoughts, relationship marketing is more concerned with the long-term customer relationship, which consequently benefits both consumers and firms in the long run. Therefore, Vodafone should concern the building and maintenance of the strong relationship with consumers. In this section, there are several tactics contributing to the implementation of relationship marketing, such as service quality, price perception, value offered (Bansel, Taylor James, 2005) and brand image (Peng Wang, 2006). In the following, this section will explain the application of these four tac tics for Vodafone. Firstly, service quality distinctive from the quality of physical products contains several characteristics, such as intangible and produced and consumed simultaneously (Gronroos, 2000). Since service quality can be perceived by each consumer, each consumer may have different perception on the similar service quality. Hence, the trusted relationship between the frontline service employees and consumers plays a critical role in the enhancement of the perceived service quality. If consumer can perceive the superior service quality through the communication with the frontline service employees, the satisfied consumers can become the loyal consumers dedicated to the long-term mutual relationship with firms. Hence, Vodafone should concern the improvement and development of the frontline service employees to enhance the perceived service quality. Furthermore, there are various measures to improve the perceived service quality, such as service design and development and improvement of store environment. Secondly, price perception is more sensitive for consumers, since it considerably affects the final decision on purchasing behaviours. If consumers perceive the price beyond their expected, the higher price perception may exert its negative influence on their purchasing decision (Peng Wang, 2006). In terms of Cheng et al. (2008), there are two important dimensions determining the price perception, including reasonableness of price and comparison from competitors. For Vodafone, it should improve service quality to make consumers perceive the reasonableness of this price, but also concerns the fluctuation of prices developed by the competitors. Based on the fluctuation of prices developed by the competitors, Vodafone should evaluate the competitive situation and service of the competitors and make the reasonable decision to cope with the potential price war. Thirdly, referring to brand, Gronroos (2000) described brand as not first built and then perceived by the customers. Instead, every step in the branding process, every brand massages, is separately perceived by customers and together add up to a brand image, which is formed in customers minds (p.287). Hence, the building of brand image not only aims to marketing physical products and services through the predicted role of brand image, but also is involved in the sustainable development of a firm. For Vodafone, it is necessary for Vodafone to build and enhance the brand image of Vodafone. There are several detailed measures for Vodafone, including marketing communications and corporate social responsibility. The marketing communications measures contain advertising, sponsorship, and social media to enhance the brand image in the mind of consumers. In particular, the implementation of corporate social responsibility will significantly contribute to the building and enhancement of brand image of Vodafone, since most consumers believe that the practices and behaviours of corporate social responsibility can influence brand image in their mind and purchasing decision. Fourthly, value offers is that consumers will evaluate the value and cost of products and services. If consumers believe that they obtain value beyond the cost of products and services, they incline to purchase this product or service and produce customer satisfaction. According to Ravald Gronroos (1996), service providers should create and deliver the superior value for consumers through the enhancement of value offers, which consequently contributes to the improvement of customer satisfaction and customer loyalty. For Vodafone, it should concern the creation and delivery of value offers. 7.0 Conclusion This report discusses three major issues of Vodafone including environmental evaluation, marketing strategies and recommendations. Referring to the SWOT analysis, there are several important insights, such as fierce competition, high penetration rate, low differentiation and innovation. After defining marketing objectives, marketing mix will be used for explaining marketing strategies of Vodafone.

Living Deficiently or Energy-Efficiently :: Economy Pollution Papers

To live deficiently or energy-efficiently: that is the question. Although the majority of us are aware of the pressing environmental problems we face daily, we are not very aware of the urgency to find a solution to them. Life on earth is built up like a wagon wheel; we can remove a few of those spokes and we might still be able to travel safely, but eventually the wheel will weaken and collapse. At that point, no amount of human ingenuity will allow us to reconstruct the wagon wheel so we can keep traveling on to the future. This fact is obvious, given our inability to completely clean up any damage our pollution has done to the environment—how can we expect to rebuild or repair a collapsed planetary ecosystem? We cannot keep consuming resources and damaging the environment at our current exponential rate. Exponential growth implies infinite expansion, but our Earth is finite, and its resources are finite. If something is not done about our wasteful use of the planetâ₠¬â„¢s energy and resources, our lives will be made miserable and desperate as the natural processes which support human life collapse like a flimsy wagon wheel made of sludge and decaying tree stumps. We will be living deficiently, if at all, according to our current standards of living. Pollution cleanup is no good; continuing to use the current rates of energy that we use without change is no good. We must concentrate on preventing environmental problems in the first place, and what’s more, we must figure out a simple, economical, and practical way that each of us can do it. This solution is energy-efficiency. Series of Topic Sentences to Follow Outline: It is necessary to find a practical resolution to environmental problems. Examples of these environmental problems include: These environmental problems pose a serious threat to humans because the planetary ecosystem is being slowly destroyed. We often like to use the less-impacting terms â€Å"degraded† or â€Å"injured,† but we shouldn’t use diction to hide the truth. By flagrantly using unnecessary quantities of energy, we are gradually destroying our environment—not â€Å"degrading† or â€Å"injuring† it, but destroying it. Our environmental problems are caused by pollution release, resource overuse and destruction, and carelessness towards the environment. The source of all these problems is the lack of human energy-efficiency in manufacturing products and, with greater contribution to the problem, the lack of energy-effiicient lifestyles.

Review and Evaluate Strategies in Health and Social Care Environments to Overcome Barriers to Effective Communication and Interpersonal Interactions

There are a lot of useful strategies within a health and social care environment for example a hearing aid would be very useful as a deaf person would be able to hear people talking to them as it picks up and increases the volume of an individual’s voice so the deaf person would hear them clearly but also it has disadvantages as if the hearing aid battery was not working it would be no use to them as they would not hear anything or only hear tiny bits of conversations, also hearing aids amplify background noise and if the background noise was very loud it could put the person in a great deal of pain as everything is 10 times louder to them.Mobile phones have a lot of advantages such as the service user can get in touch with medical professionals if they need to and get advice quickly without them having to travel to the doctors but also it is a disadvantage as not a lot of service users would know how to use mobile phones as they are advanced. Also if a service user was trying to use a mobile phone but failing to it could also make them stressed this could lead to other health problems on top of the ones that they may already have.Hearing loops are a advantage in health and social care as it helps deaf people hear sounds more clearly and also cuts out any background noise so the deaf person could hear what anyone is saying and understand it very clearly, the disadvantages of having a hearing loop is that they can pick up interference from other magnetic fields this may confuse the person who is wearing the hearing loop and also could put them in some discomfort as they are picking up more sounds than they should. In some situations a loop may not be secure, other hearing aid wearers can listen in this could make the deaf person feel as if everyone is listening to what he is saying or listening to and could make the deaf person feel very uncomfortable.Interpreters are a great advantage in health and social care as they can communicate a conversation, whet her it be signed or spoken to someone in a different language that they may understand. A disadvantage of an interpreter may be that they don’t only have to interpret the words and signs but also have to find a way of expressing a meaning if this is not done correctly then the service user may not understand and misunderstand what they are being told and make it into something much worse than they are  actually being told.A translator is really useful in health and social care as they change recorded information such as a written word into another language this would be good for someone who is deaf that cannot hear a interpreter so the translator would write it down for them instead, the disadvantage of a translator is that they also have to convey the meaning as well as the word so if the translator is unsure of the meaning it could then confuse the service user and also because they have to write it down if their hand writing is not clear enough the service user may mista ken it for another word.A signer is a good way of helping the deaf community in health and social care as a signer is a person who uses a signed language to communicate with deaf people this is very useful as the service provide e.g. doctor is not likely to have learned signed language but if a signer came in he could communicate with the deaf individual through the signer it is also a lot easier than lip reading as lip reading may not always be understood. The disadvantages of a signer would be that the signer would have to make every hand movement as clear as possible so that the service user understand 100% what they are being told also the signer would have to use a language appropriate to the service user and not use any words they may not understand such a jargon and slang.

Active and Passive Indexing

The first index fund began in 1971, with $6 million funded by Samsonite, the luggage-maker. Since then, there have been many arguments of whether an active index fund or a passive index fund offers better long-term results for investors. Index funds are already the fastest growing sector of the mutual fund business. From 1986 to 1996, the amount of money invested in index funds grew from $556 million to $65 Billion. And if anything, individual investors have been slow to embrace passive management. Institutional investors invest a far larger percentage of their assets passively. Many individual investors are simply uneducated and unaware of the arguments and experimental evidence supporting passive management. Institutional investors and academics have known for years (many for decades) that passive investing is extremely difficult to beat and that the majority of active investors will fail in their attempt to outperform the market. Active indexers assert they can outperform the marketplace. Passive (index) portfolios state they can mirror the performance of the indices. Both have their good times and their bad times. Active indexers raise cash in times of increased risk and instability while passive indexers remain fully invested. This can be quite painful during times of large declines in the market. Passive portfolios mirror the gains of the indices during roaring bull markets and eventually outperform the majority of active money managers who must remain diversified and who sometimes take on additional risks in an attempt to produce the performance and safety that they have promised their clients. The evidence has piled up during today's bull market that the average dollar managed by active managers does not keep up with the market index. Finally, indexing is a way to avoid being blind-sided in certain areas of the marketplace. Active management themes can easily find themselves on the wrong side of an investment. There is a perception among investors that a strategy designed to match stock market returns is less risky than a comparable actively managed portfolio. Since the index approach invests in a manner that is most friendly with the market's natural liquidity, it produces the least disturbance. The passive investor also has diversified his risk. Specific negative things can happen to individual companies or groups. As a passive investor, one is not exposed to any of these things. However, it does not mean you have a risk-free investment. The downside to passive index investors is that they â€Å"fuel the fire† of a market that appreciates well beyond its true value. Index mutual funds must put new money to work†¦ they can not hold cash†¦ and their investors all buy the exact same stocks. When stocks go down, index funds, being fully invested, will receive the ultimate effect of the decline. Combined with this loss is the fact that they will also have to sell shares to cover shareholder redemptions. These funds will get hit harder than many active portfolios with a cash cushion. Most active managers of investment portfolios raise cash as they perceive higher valuations, excessive instability, and extreme risks, therefore; reducing the display to loss during declining markets. Another downside to passive indexing is the impact they have on market instability. This gives the patient active money manager a welcome opportunity to take advantage of stock selection at very attractive prices and, to some extent, time the market in making their decisions of when to buy and when to sell. Index investing is a tricky business that can roil markets. Actively indexed funds have gone upward over the last decade. This has occurred despite the fact that investors have poured huge amounts of money into active funds over this period. The costs of investing in index funds have trended downward as they have become more popular with investors. The costs of active index funds just might decrease in the future, thereby narrowing the cost gap with passive index funds. But all evidence to date has shown just the opposite trend – the costs of active funds continue to go up and the costs of index funds continue to go down. Actively indexed funds typically generate relatively large amounts of taxes while passive index funds generate relatively small amounts. Some of the resulting gap in performance caused by taxes would seemingly be narrowed if the federal government were to lower tax rates. Congress did this at the end of July 1997 when it reduced the maximum long term capital gains tax rate from 28% on investments held more than one year to 20% on investments held 18 months or longer. The tax bill provides that in the year 2001 this rate will be reduced to 18% for investments held five years or longer. Finally, active money managers serve the specific needs of their clients. They manage portfolios based exactly on the investor's objectives and tolerance for risk. They make decisions based on a stated time frame and they are capable of changing the goals and direction of a portfolio on a moment's notice. They are the investor's personal link to the market and the protector of their capital. The value of these services is immeasurable to most investors. One thing that really does not influence the investor as much as it should is the lack of appreciation with respect to the tax consequences of passive index management. The capital gains, created during the year by a fully active index manager, is reported to the IRS, and the investor ends up being taxed. For a taxed investor, the buy-and-hold is a winning strategy. Turnover is the enemy of the investor who pays taxes. Conversely, most investors would be more than happy to pay taxes on the returns produced by active money managers during periods of declining markets. Not many investors prefer losses to earning some gains and interest, even with the tax man waiting. The effect of so many investors buying index funds is that they tend to guard the money market. An investor could actually, in a cost-effective manner, buy and sell the market. The asset funding of active managers, combined with the efficiency of the passive manager, allows one to implement strategies that provide an optimal mix of securities to match a particular scenario, objective, or risk aversion. From time to time, it is possible that the major assets can get out of balance. Investors can run up prices where the lawfulness market is overvalued. When this reaches a untrustworthy level, more self-corrective measures are needed. This is where the expertise of the active manager becomes useful. As an investor, you are always trading off what Jeremy Bentham, the British economist, referred to as the â€Å"pain-pleasure calculus. † Good returns produce pleasure. Bad returns produce pain. An active money manager is always balancing off the pleasure vs. e potential pain. The active manager tends to determine what that balance is and if it finds that the market is deployed otherwise, it works in balancing the portfolio. Tactical asset funding combined with a passively managed portfolio has been called the â€Å"holy grail† of investing by Jonathan Burton, of Dow Jones' Asset Management magazine. During declining markets, index funds take the full force of the market's loss. Managers of these funds are forced to sell stocks in order to meet the demand for redemptions as their investors got out of the market. During markets of very little movement, investors quickly drain of insufficient or no returns on their investment. Finally, a philosophy of capital preservation causes the active manager to raise cash, providing a cushion for portfolios during times of extreme risk. Active or passive? Both have their advantages and their risks, but the two are found to be the best long-term plans for both performance and safety. Index (passive) funds are likely to beat active funds, yet the Morningstar data show that 92% of all the money is U. S. stock funds is in active funds.