Monday, August 24, 2020

Financial Prospectus Content Paper Essay Example for Free

Budgetary Prospectus Content Paper Essay A solid association has capacity to turn into a major seller to a ton of development associations. In this report you will see a record of the undertaking of firing up a solid association, the improvement idea, the controlling strategies, and what reports will be essential to staying with a compelling. To make progress another organization must make certain to keep awake with the entirety of the contention that is coming up. Depiction of Venture The aim is to open up a solid association having 15 specialists and 10 vehicles. The land region which we intend to buy is around 5 sections of land of land. The industrial facility that is being purchased will be a finished plant which was created from the previous owners who worked the very same sort of organization. By and by there arent common endeavors which are being worked in the focused on district; anyway the local location continues developing. The local location will in the long run raise the association and will help to begin the $2,500,000 required to dispatch the organization. Probably the best adversary will be Super Mix of Wisconsin that is a major solid association which has kept on growing during the most recent 7 years. Super Mix of Wisconsin has exhibited other solid investors that its simple to start little as we will do because of a lack of venture and keep on venturing into a major association opening an assortment of processing plant zones. To get over the monetary necessities to dispatch the organization, the money related foundation has assented to loan us $1,086,742.30 to fire up the industrial facility at a 5.50% pace of enthusiasm for the accompanying 5 years. It has furthermore been consented to finance the entirety of the trucks that has been approved for $310,000â having a 6.15% pace of enthusiasm for a long time. Advancement Concept The market gives broad chance to solid associations to form and to develop into huge viable organizations. Super Mix of Wisconsin is just about the leader of the business extending to have 2 industrial facilities, a rock pit, and 52 vehicles. This association has extended to make progress during the most recent 7 years, anyway because of the monetary atmosphere has conveyed a 20% misfortune with the market fall. With the downturn, the cost of the material has risen normally which makes it hard to gain benefits. After this data from the downturn impact, this is the development in economy saw, that we think support the development work for private and business work. This expansion in the development would let us hold onto the greatest portion of the market in a serious industry. There are loads of little solid makers working in the very same market while Super Mix of Wisconsin additionally joined the very same little solid makers advertise with 2 manufacturing plants and 52 vehicles and making a decent attempt to snatch the piece of the overall industry by and by for the recuperations lost during the last downturn. Theres effectively a serious market, consequently we have to challenge with every one of them to hold onto an incredible portion of the market and furthermore to have a fruitful organization later on. The board Biographies At the outset we settled on a choice to begin the organization with 15 laborers made out of 10 truck drivers and rest of the strong specialists, subtleties are as beneath. 1.General Manager We recruited a senior supervisor who is a confirmed alumni from a provincial college and specialists in organization, prior worked for the comparable solid creation field for a long time and have the ability to go about as pioneer managing the entirety of the capacities even without aâ proprietor. My accomplice and I will likewise be monitoring the senior supervisor obligations and aiding all way to work the association accurately. 2.Quality Controller We utilized a quality controller that has been utilized in the very same plant for a long time and has great capacities to take a gander at the bore of cement fabricated and the experience to manage and fix the failing issues whenever occurred during assembling by his accomplished proposals. 3.Sales Manager By and by, a business overseer that has the capacity to sell the common developments item in the nearby market and has a dependable selling obstructs with our adversary. He agreed to work with us since we offered him considerably more of a measure of pay. Additionally, he has an incredible individual connection in the market subsequently the offer of our association will be consistent to fulfill the planned deals employments on account of the project lead. 4.Administration Manager A prior laborer that worked for the old owners has been recruited to work for our association. He has his master’s qualification from a fine decent college and has been controlling the entirety of the tasks of this production line for quite a while. He has brilliant social and organization aptitudes to keep the propriety among laborers. Serious Product or Service Statement Cement and rock are the fundamentally expected things to develop anything from private to business adventures. We are beginning this organization on a little premise regardless of the way that, there are for all intents and purposes 10 to 12 solid makers giving their merchandise to consumers’ satisfaction in the equivalent focused on advertise. A couple of the huge makers likewise building up an excellentâ share of the market though the rest of the portion of the market is additionally appropriated among little makers. There are 3 associations inside the area which will contend with the current association. By and by there are 2 of them which are inside 10 miles and furthermore the other one is approximately 20 minutes away. We have to endeavor and apply the best reasonable consumer’s viable commercial promoting approaches to hold onto the piece of the overall industry and contend with the contenders. In showcasing advancements we would likewise offer the decreases or buy and get free proposals for starter consideration of customers and having the nearness in advertise. The promoting effort would help to make thought for clients and rivals and the nearness of our association in a similar market. We would attempt our best to triumph the opposition among all the adversaries in a brief timeframe. In addition, to create the salary, that will assist with reimbursing the portions of the banks against the rents we made against the land and vehicles and the necessary uses of the organization activities simply like wages of laborers, upkeep of processing plant, vehicles, alongside different tasks. Meanwhile Super Mix of Wisconsin is endeavoring hard to reestablish the situation back in the market; anyway we have to contend it first. The commercial center is limited anyway venders are attempting to acquire great pieces of the overall industry. Our showcasing plan will be progressively successful for the clients mind. We have a generally excellent project lead that has magnificent collaboration abilities and association with customers to expand the amount of deals to work our organization. We would additionally assist our customers with blessing hampers and buy to get thoroughly free plans and additional consultancy administration to each specialist through a specialist counsel. Rebate offers as indicated by showcase rates and the uncommon bundle for buying greater amount of cement surely would upgrade deals and in the long run the benefits. Market abilities of the organization will improve 5â times high to challenge with those different merchants in the market of same administrations and items. The bookkeeping administrations of the organization will be followed up by me and other accomplice. The absolute best individuals who will be showcased to while offering cement to all the local customers. Customers who have been in the district for a great deal of years will want to proceed with the association they think quiet with, yet that is the thing that deals must be showcased and demonstrated to the most. Development and Preopening Budget We require $2,500,000 to begin this game plan. We cannot challenge with our biggest adversary in the interim in view of absence of venture. To get over the preopening financial necessities, the bank is allotting us the subsidizing office against the industrial facility of $1,086,742.30 having a 5.50% pace of enthusiasm for next 5 years. Additionally, we settled on a choice to subsidize each of the 10 vehicles to fulfill the monetary prerequisites which are endorsed for $310,000 having a 6.15% pace of enthusiasm for a long time. By getting the previously mentioned budgetary credits, we would be able to fulfill the beginning of the organization. The subsidizing against the vehicles is so low in light of the old kind of dumpers while the staying 8 vehicles financed against just $240,000. The reimbursement of the advance that we loaned against the region of activity for the organization is $20,758.04 every month and $6,014.81 every month for reimbursement of budgetary credit, which pulled back against vehicles subsidizing. We need to endeavor to win at least the monetary establishment reimbursements just as for making installment on basic uses of tasks simply like wages of laborers, purchasing of crude material, fuel, and fix of plant and vehicles notwithstanding procure salary. By facing the competition of existing merchants in a major volume, we would likewise expect salary to fulfill the monetary uses. We have considered these costs too when arranging the designs for markdown offers for capturingâ the pieces of the pie we need to go through the cash for month to month uses. Plant Rate Installment $1,086,742.30 5.50% $20,758.04 Trucks Rate Installment $310,000 6.15% $6,014.81 Working Pro-Forma We approximated through research on this industry and gaining of this part the salary from the deals would be 45.6% just as the cost of concrete alongside other related creation materials would be 17.71%, which would give almost 27.89% gross benefit on deals. The salary from the deals would be the sum left for benefit after the deals alongside different uses. The wages of the 15 laborers will be between $48,000 every year to $92,500 every year. The 8 truck drivers would neutralize the every hour pace of $17.98 to

Saturday, August 22, 2020

The Definition of an Angle

The Definition of an Angle In arithmetic, especially geometry, edges are shaped by two raysâ (or lines) that start at a similar point or offer a similar endpoint. The point quantifies the measure of turn between the two arms or sides of an edge and is typically estimated in degrees or radians. Where the two beams converge or meet is known as the vertex.â An edge is characterized by its measure (for instance, degrees) and isn't reliant upon the lengths of the sides of the edge. History of the Word The word angleâ comes from the Latin word angulus, which means corner. It isâ related to the Greek word ankylî ¿sâ meaning slanted, bended, and the English word lower leg. Both Greek and English words originate from the Proto-Indo-Europeanâ root word ank- meaning to twist or bow.â Sorts of Angles Edges that are actually 90 degrees are called right points. Points under 90 degrees are called intense edges. An angleâ that is actually 180 degrees is known as a straight angleâ (this shows up as a straight line). Edges that are more prominent than 90 degrees and under 180 degrees are calledâ obtuse edges. Points that are bigger than a straight edge however under 1 turn (between 180 degrees and 360 degrees) are calledâ reflex edges. An edge that is 360 degrees, or equivalent to one full turn, is known as a full point or complete edge. For a case of a harsh point, the edge of a run of the mill house housetop is frequently framed at a coldhearted edge. An insensitive point is more prominent than 90 degrees since water would pool on the roofâ (if it was 90 degrees) or if the rooftop didn't have a descending plot for water to flow.â Naming an Angle Edges are generally named utilizing letter set letters to recognize the various pieces of the point: the vertex and every one of the beams. For instance, point BAC, distinguishes an edge with An as the vertex. It is encased by the beams, B and C. Now and again, to disentangle the naming of the edge, it is essentially considered point A. Vertical and Adjacent Angles At the point when two straight lines converge at a point, four edges are framed, for instance, A, B, C, and D edges. A couple of points inverse one another, framed by two meeting straight lines that structure a X-like shape, are calledâ vertical anglesâ orâ opposite edges. The contrary points are perfect representations of one another. Theâ degree of points will be the equivalent. Those sets are named first.â Since those edges have a similar measure ofâ degrees, those points are considered equalâ orâ congruent.â For instance, imagine that the letter X is a case of those four points. The top piece of the X frames an angular shape, that would be named edge A. The level of that edge is actually equivalent to the base piece of the X, which frames a ^ shape, and that would be called edge B. In like manner, the different sides of the X structure an and a shape. Those eventual points C and D. Both C and D would have similar degrees, they are inverse edges and are harmonious. In this equivalent model, edge An and point C and are adjoining one another, they share an arm or side. Likewise, in this model, the edges are strengthening, which imply that every one of the two points consolidated equivalents 180 degrees (one of those straight lines that crossed to frame the four edges). The equivalent can be said of point An and edge D.

Sunday, July 19, 2020

Issues in Developmental Psychology

Issues in Developmental Psychology Theories Developmental Psychology Print Issues in Developmental Psychology Some of the Big Questions About How People Develop By Kendra Cherry facebook twitter Kendra Cherry, MS, is an author, educational consultant, and speaker focused on helping students learn about psychology. Learn about our editorial policy Kendra Cherry Updated on September 29, 2019 Geri Lavrov / Getty Images More in Theories Developmental Psychology Behavioral Psychology Cognitive Psychology Personality Psychology Social Psychology Biological Psychology Psychosocial Psychology There are a number of important issues that have been debated throughout the history of developmental psychology. The major questions include the following:?? Is development due more to genetics or environment?Does development occur slowly and smoothly, or do changes happen in stages?Do early childhood experiences have the greatest impact on development  or are later events equally important? Developmental Psychology Issues and Debates Here are some of the basic questions within the realm of developmental psychology and what many psychologists today believe about these issues. Nature vs. Nurture The debate over the relative contributions of inheritance and the environment usually referred to as the nature versus nurture debate is one of the oldest issues in both philosophy and psychology.?? Philosophers such as Plato and Descartes supported the idea that some ideas are inborn. On the other hand, thinkers such as John Locke argued for the concept of tabula rasaâ€"a belief that the mind is a blank slate at birth, with experience determining our knowledge. Today, most psychologists believe that it is an interaction between these two forces that causes  development. Some aspects of development are distinctly biological, such as puberty. However, the onset of puberty can be affected by environmental factors such as diet and nutrition.?? Early Experience vs. Later Experience A second important consideration in developmental psychology involves the relative importance of early experiences versus those that occur later in life. Are we more affected by events that occur in early childhood, or do later events play an equally important role? Psychoanalytic theorists tend to focus on events that occur in early childhood. ???According to Freud, much of a childs personality is completely established by the age of five. If this is indeed the case, those who have experienced deprived or abusive childhoods might never adjust or develop normally. In contrast to this view, researchers have found that the influence of childhood events does not necessarily have a dominating effect over behavior throughout life, however there is evidence that childhood adversity may correlate to greater levels of stress in adulthood.?? Many people with less-than-perfect childhoods go on to develop normally into well-adjusted adults. Continuity vs. Discontinuity A third major issue in developmental psychology is that of continuity. Does change occur smoothly over time, or through a series of predetermined steps? Some theories of development argue that changes are simply a matter of quantity; children display more of certain skills as they grow older. Other theories outline a series of sequential stages in which skills emerge at certain points of development. Most theories of development fall under three broad areas:?? Psychoanalytic theories are those influenced by the work of Sigmund Freud, who believed in the importance of the unconscious mind and childhood experiences. Freuds contribution to developmental theory was his proposal that development occurs through a series of psychosexual stages.Theorist Erik Erikson expanded upon Freuds ideas by proposing a stage theory of psychosocial development. Eriksons theory focused on conflicts that arise at different stages of development and, unlike Freuds theory, Erikson described development throughout the lifespan.??Learning theories focus on how the environment impacts behavior. Important learning processes include classical conditioning, operant conditioning, and social learning. In each case, behavior is shaped by the interaction between the individual and the environment.??Cognitive theories focus on the development of mental processes, skills, and abilities. Examples of cognitive theories include Piagets theory of cognitive development.?? Abnormal Behavior vs. Individual Differences One of the biggest concerns of many parents is whether or not their child is developing normally. Developmental milestones offer guidelines for the ages at which certain skills and abilities typically emerge, but can create concern when a child falls slightly behind the norm. While developmental theories have historically focused upon deficits in behavior, focus on individual differences in development is becoming more common.?? Psychoanalytic theories are traditionally focused upon abnormal behavior, so developmental theories in this area tend to describe deficits in behavior. Learning theories rely more on the environments unique impact on an individual, so individual differences are an important component of these theories. Today, psychologists look at both norms and individual differences when describing child development. An Overview of Developmental Psychology

Thursday, May 21, 2020

Varying Approaches for Principled Eclecticism for ESL

A few years ago I was introduced to principled eclecticism as a means of establishing ESL/EFL class objectives. Basically, principled eclecticism refers to the use of various teaching styles in a discriminating manner as required by learner needs and styles. Applying Principled Eclectisim While this loose approach may sound either ideal or simplistic depending on your point of view, it requires a basic grasp of some of the principle schools of thought as a means of getting an overview of issues directly related to satisfying learners needs. In a nutshell, the application of principled eclecticism proceeds by first addressing the issue of learners needs and styles. Once these two basic elements have been evaluated, the teacher can develop a needs analysis which can then be used to develop the course syllabus. Definitions Interlanguage Skill: A scala of languages that fit the level of the students language skill at any moment. In other words, there are many levels of speaking a language each of which can be sufficient for a given student.Comprehensible Input: Originated by Krashen, the core of this idea is that if we do not understand the input we cannot learn.Negotiation of Meaning: Interactional hypothesis that states that learning comes about in the moment of exchange between a native speaker and a non-native speaker.Product Oriented Approach: The accumulation of bits and pieces of a language (for example, learning tenses and doing exercises based on correct tense usage). Example Cases The following two cases give examples of the process involved in applying this approach to different types of classes. Class 1 Needs and Styles Age: young adults from 21-30Nationality: class of German students located in GermanyLearning Styles: college educated, familiarity with a  product-oriented approach to learning a language, widely traveled and familiarity with other European cultures.Goals: First Certificate Examination at end of courseInterlanguage Skills: all students can communicate in English and accomplish most common language tasks (i.e., completing day-to-day tasks in a native speaker society, telephone, expressing viewpoints, etc.), higher level complexity such as writing essays, expressing complex arguments in fine detail is next desired step.Course Duration: 100 hours Approach As the First Certificate Examination is the goal of the course and there is a limited number of hours, the course will have to often employ a deductive (i.e., teacher-centered, book learning) approach in order to complete all the grammatical tasks required by the examination.Students are very familiar with traditional learning approaches such as grammar charts, drill exercises, etc. In this case, awareness raising concerning basic language patterns will not be necessary. However, as the students are quite young and most fresh out of college, they may have to be helped to understand and accept more innovative (i.e., inductive) approaches to learning (i.e., role-playing for improving speaking skills, general class discussions with little or no correction) as they are probably used to more goal-oriented study situations.As the First Certificate Exam includes many authentic materials, students will benefit greatly from exercises that focus on the negotiation of meaning. This negotiation of meaning is a type of interactional learning that comes about in the moment of exchange with a native speaker context that requires the learner to negotiate meaning thereby expanding his language skills.Objectives of the First Certificate Examination will be the overriding factor in the determination of class activities. In other words, activities based on Neuro Linguistic Programming may not be desirable as this approach to teaching focuses on a holistic learning method, which, unfortunately, may not provide all the bits and pieces required to complete the examination exercises such as sentence transformation.As the course duration is limited and the objectives are many, there will be little time for experiments and fun activities. Work needs to be focused and principally goal oriented. Class 2 Needs and Styles Age: immigrant adults from 30-65Nationalities: a variety of countriesLearning Styles: most of the class has had little secondary education and has not studied languages formallyGoals: Basic ESL skills for everyday usage and job acquisitionInterlanguage Skills: basic tasks such as ordering a meal and making a telephone call are still difficultCourse Duration: 2-month intensive course meeting four times weekly for two hours Approach The approach to teaching this class is dictated by two principal factors: need for real world skills, lack of background in traditional learning stylesPragmatic functional English is of prime importance. Luckily, the course is intensive and provides the perfect opportunity for intensive role-playing and real world game activities.As students are immigrants and a native speaker environment is at hand, teaching can also take place by bringing the real world into the classroom and/or - even more preferably - taking the classroom out into the real world.Low-level English skills mean that comprehensible input will play a great role in the success or failure of the class. Considering the low level of interlanguage skill, students desperately need the teacher to help them by filtering experiences into a comprehensible form so that they may make sense of situations that are too difficult if faced on a strictly authentic level.Learning by process will be of great importance. The positive side of low-level education is that students are not attached to traditional learning methods such as grammar charts, exercises, etc. The use of holistic learning approaches can be very effective as students will not have any pre-conceived notions about what learning should be like.

Wednesday, May 6, 2020

Capital Punishment Essay Criminals Can Think Twice or...

Capital punishment has been in effect since the 1600s (Cole 451). However, in 1972 the U.S. Supreme Court ruled that the death penalty was cruel and unusual punishment, which was unconstitutional according to the Eighth amendment. It was public opinion that the current methods of execution, hanging, electrocution, and facing a firing squad, were too slow and painful upon the person to be executed (Cole 451). The U.S. Supreme Court reversed this decision when a cleaner way to bring about death was found in 1976. This cleaner way is death by lethal injection, which is quick and painless if administered right (Cole 450). Since capital punishment has been reinstituted many people have argued for and against capital punishment. Some say†¦show more content†¦With all this opportunity for the case to be turned over or the sentence to be changed it is almost impossible for an innocent person to be executed. Only two people have been proved innocent after their execution in the Unite d States. These wrongful deaths occurred in 1918 and 1949 (Death Penalty Discussion). Since then the justice system has undergone a lot of fine tuning making this extremely unlikely today. One argument against the death penalty is that it costs less to imprison someone for life than to execute them (Death Penalty Discussion). This is a good point that has a lot of impact on a lot of peoples views regarding capital punishment since they are the ones footing the bill through taxes. I personally would not mind paying the little bit extra just so I know for sure that theres one less murderer on our planet. If the death penalty was done away with, prisoners who should have been executed will be mixed in with other inmates. It would be possible and not too unlikely for them to kill another inmate or possibly a prison guard. If someone is lined up for execution then they more than likely deserve it. They have caused a great deal of grief to the family and friends of the victim or victims and it seems like the only way justice could be served is for the criminal to die. For the person to simply go to jail seems unfair. There they will eat three meals a day, get to watch cable t.v., and befriendShow MoreRelatedDeath Penalty: Eye for an Eye1280 Words   |  6 PagesCapital Punishment: An Eye for an Eye For many years there has been a constant debate between supporters and non-supporters of the death penalty. Many people argue that the death penalty is as much a murder as the crime committed by the offender. Others may say that it provides closure and justice. I am a strong supporter of the death penalty. There are many others like myself. The world is full of the most dangerous and ruthless criminals that should be put to death. There are many pros that theRead MoreDeath Penalty2551 Words   |  11 Page sincapacity as humans to â€Å"define† our environment. 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The Bible confirms that â€Å"whosoever shades man’s blood by man shall his blood be shed: for in the image of God made He man.† (Genesis chapter 9 verse 6). But the first murderer in the bible; Cain, was not executed but was banished for life. It became clear that there is an error in the idea of killing someone that killed another person. Such people should be sentenced to life imprison ment in orderRead More Media Violence Essay1860 Words   |  8 Pagesinjury upon another; examples of this would be rape or murder. Violence in entertainment reaches the public by way of television, movies, plays, music, and novels. Through the course of this essay it will be proven that violence in entertainment is a major factor in the escalation of violence in society, once this is proven we will take all of the evidence that has been shown throughout this paper and come to a conclusion as to whether or not violence in entertainment is justified and whether or notRead MoreViolence in Entertainment and Its Effect on Society Essay1985 Words   |  8 Pagesphysical injury upon another, examples of this would be rape or murder. Violence in entertainment reaches the public by way of television, movies, plays, and novels. Through the course of this essay it will be proven that violence in entertainment is a major factor in the escalation of violence in society, once this is proven we will take all of the evidence that has been shown throughout this paper and come to a conclusion as to whether or not violence in entertainment is justified and whether or notRead MoreEssay on The Rich Get Richer and the Poor Get Prison12486 Words   |  50 PagesAmerican University or the same criminal behavior, the poor are more likely to be arrested; if arrested, they are more likely to be charged; if charged, more likely to be convicted; if convicted, more likely to be sentenced to prison; and if sentenced, more likely to be given longer prison terms than members of the middle and upper classes.1 In other words, the image of the criminal population one sees in our nation’s jails and prisons is distorted by the shape of the criminal justice system itself. ItRead MoreFor Against by L.G. 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Your most important critical thinking skill is your skill at making judgments─not snap judgments that occur in the blink of an eye, but those that require careful reasoning. You are not reasoning logically if, when you want

Gap year Free Essays

There are approximately ten out of ten students that would take a gap year before attending college rather than Just applying for college right away. Undoubtedly a nice break from all this pressure would be Just perfect but not really helpful for graduates. Therefore, students that do not attend college right after high school tend to lose time. We will write a custom essay sample on Gap year or any similar topic only for you Order Now The actual concept is to register into college after graduating from high school. If graduates get a year off after high school they will not get the college experience. School is not Just about learning the essentials; it is about deciding what a student wants to be, and which college a student wants to attend. Students should not take a gap year because they are more likely to forget everything they have learned during their high school years and it also affects their motivation for learning. Students that attend college after high school without taking a gap year have a knowledgeable mind and preserve more of what they were taught in school to participate in their college courses. However, students that take a gap year tend to lose their knowledge and it will be difficult for them to get back on track. Instead of all the suffering and anxiety on making the right choice to which college to apply to, just get it over with. Rather than risking their life and career. In â€Å"The Gap Year,† Hannah Purnell (2013) argues that students are going to forget and move out of formation of the academic skills. It will be a difficult for them and they are not going to be fully prepared on the first day of college after having a gap year. How to cite Gap year, Papers Gap Year Free Essays string(116) " of the 2004 Indian Ocean earthquake, a great number of the volunteers who helped in South Asia were on a gap year\." GTaking a GAP year (also known as year abroad, year out, year off, deferred year, bridging year, time off and time out) refers to taking a year out of studying to do something else. Many people take a gap year before starting college or university, but it can be taken at any time. [1] History | This article’s tone or style may not be appropriate for Wikipedia. We will write a custom essay sample on Gap Year or any similar topic only for you Order Now Specific concerns may be found on the talk page. See Wikipedia’s guide to writing better articles for suggestions. (December 2008)| [edit] 1960s: Where it all began The origination of the ‘Gap Year’ concept came in the decade following the Second World War when youth travel and cultural exchange was discussed amongst Governments as a useful tool to create more of a global understanding to prevent future global wars. However, the first ‘Gap Years’ actually started in the UK in the 1960s when the baby-boomer generation in the midst of the ‘Swinging sixties’ headed off to India on the infamous Hippie trails, inventing the ‘independent travel market’. And in 1967 Nicholas Maclean-Bristol set up Project Trust, an Educational Trust, and sent his first three students to Addis Ababa, inventing the Gap Year Volunteer Placements market. These have been the two key elements to the gap year market ever since – ‘independent travel’ and ‘volunteer placements’ [also known more recently as ‘Voluntourism’]. Work Travel (or ‘Work ; Travel’) appeared as a third key element with the introduction of student work visas (or ‘Working holiday visas’) in the 1980s. [edit] 1970s: the pioneers and the growth The demand for what was essentially new ‘Independent Travel’ continued through into the 1970s and resulted in the pioneers of the independent travel market establishing businesses to satisfy this demand. Australian Graham ‘Screw’ Turner based in London in 1973 loaded a double decker bus with the first paying customers and drove them to Kathmandu. They arrived 3 weeks late. Top Deck Travel, the company he founded, still exists today. In the same year a young Brit by the name of Tony Wheeler, headed off on an overland trip across Asia. His need for basic travel information inspired the book ‘Across Asia on the Cheap’ and was the first title under his Lonely Planet brand, which became the world’s largest travel guide publisher. With a tour company and self help travel advice, the independent travel market was born. In 1979, another Australian Dick Porter, founded STA Travel to bring in the final piece of the puzzle. A high street travel agent for students and ‘youth’ (those under 26), with which he was able to develop global youth travel as he opened student travel agents around the world. Initially ‘Student Travel Australia’ it rebranded to the ‘Student Travel Association’. Nowadays it is simply ‘STA Travel’. Whilst the first uses of the actual term ‘gap year’ are hard to find, it was certainly helped along with the launch in 1973 of GAP Activity Projects, now known as Lattitude Global Volunteering, a UK organisation facilitating volunteer placements for the ‘Gap Year’ in between school and university. Continuing on from where Nicholas Maclean-Bristol had forged the way 10 years earlier with Project Trust, GAP Activity Projects brought the gap year to the schools. A year later in 1978, The Prince of Wales with Colonel John Blashford-Snell formed the basis of what we know today as Raleigh International, launching Operation Drake, the first ever Gap Year Expedition – a round the world voyage following Sir Francis Drake’s epic route. In 1984 Operation Raleigh was formed, renamed Raleigh International in 1992, by which time gap years were becoming more popular as a pre-university option to the wealthy few in private schools around the UK. [edit] 1980s: steady growth In the UK in the 1980s the baby boomers were settling into family life with their young children and so travelling less and the next generation were influenced by the obsession for money, careers and wealth generation. The housing market crash meant less funds available for parents to fund youth travel. Steady UK and global growth continued as STA Travel opened up branches around the world. Other businesses followed suit (Usit Campus / Usit World), round the world tickets were developed for this new breed of young gap year traveller and the scene was set for the explosion of the 1990s. edit] 1990s: the boom A combination of the baby boomer’s children reaching 18 (whose parents encouraged world travel as they did in their youth), the UK coming out of recession and new, exciting, colourful media channels to bring gap year products to market resulted in an explosion of activity in the UK as Gap Year Travel and Gap Year Volunteering took off pre, during and post University. Demand grew, prices for air travel fell and the roots of it becoming a ‘rite of passage’ were set. In Australia the first serious waves of young Australians heading to live and work in the UK started to appear. edit] 2000-present: online developments, global growth, natural aging July 2005 Mintel Gap Year Reports show a market valued UK outbound at ? 2. 2bn and globally at ? 5bn. The fastest growing travel sector of the Millennium, predictions are that the global gap year market will grow to around ? 11bn by 2010. The market demographic is split into those aged 18–24 (pre, during and post university), 25-35 (‘career gap’, also known as ‘Career Break’ and ‘Career Sabbatical’) and 55-65 (pre and post retirement gappers). Very much an option for all in transition between life stages, the effect on the entry into higher level Education, the changing travel markets and staff retention in businesses around the world is staggering. Gap Year growth is accelerating across all age groups in the UK, Australia, New Zealand and Canada. The US is expected to witness a boom in the coming years as the small percentage of those who have passports starts to rise. [edit] Activities Some students spend the time traveling, others spend the time working, and many combine these into an international working holiday. A popular option for gap year students, also known as â€Å"gappers†, is international volunteering. In the wake of the 2004 Indian Ocean earthquake, a great number of the volunteers who helped in South Asia were on a gap year. You read "Gap Year" in category "Papers" [2] Many gap year students also earn money while overseas by working cash in hand, often in the hospitality industry. Another growing trend for gappers is to enroll in global education programs that combine language study, homestays, cultural immersion, community service, and independent study. Such experiential opportunities exist in countries from India to China and Morocco to Brazil. [edit] Gap years by country [edit] Australia Australia currently has 19 reciprocal working holiday programs with countries, which include: Belgium, Canada, China, Cyprus, Denmark, Estonia, Finland, France, Germany, Hong Kong, Ireland, Italy, Japan, South Korea, Malta, Netherlands, Norway, Sweden, Taiwan, and the United Kingdom. Typically, restrictions for the working holiday visas include: being 18-30 yrs, proof of access to funds, and holding a valid passport. Work restrictions also apply to ensure that the purpose of the holiday is not to further an individual’s career. The Australian Defence Force also runs a Gap Year program, where enlistees are only required to serve for up to a year. [3] The UK and Canada remain two of the most popular destinations for Australians to visit every year, with 35,061 UK and 6,517 Canadian working holiday visas issued in 2003/4. [edit] Denmark In the recent years the government have tried to limit the number of students who take a gap year. The need to get students sooner into the work space and a wish to preserve the unique Danish culture have meant the students are punished if they complete their education too slowly by traveling abroad or working full time for a period, limiting the possibility of taking a gap year. [4] In 2006, it was announced that fewer students than before had taken a gap year. [5] In April 2009, the government proposed a new law which gives a bonus to students who refrain from a gap year. [6] [edit] Israel In Israel, gap-years are mostly used for travel. A 3-year army service is compulsory – after which it is customary to travel. For the majority of Israelis, the first few months after dismissal are spent working and saving money for the trip. In order to spend as little time as possible working (rather than traveling) and as much time as possible on vacation, Israelis prefer traveling to the Far East, India or Indo-China due to the low cost of living there. Some who are drafted late use the time between high-school graduation and army service to travel. Working holidays are also common practice, especially to Western countries such as the USA, Canada and Australia. Former combative infantrymen sometimes find jobs as weapons instructors or security personnel in various places around the globe, which can also be considered a sort of working holiday. In Jewish summer camps in the diaspora (particularly in the USA and UK), there is a tendency to hire Israeli staff in hope that through the interaction with them the camper’s connection with Israel would strengthen. This is often arranged via the Jewish Agency. Additionally, many Jewish teens in America take a gap year to Israel to study in Yeshiva or Midrasha (seminary) to learn more about their Jewish roots. Some popular choices for boys are Reishit Yerushalim, Sha’alvim, and Yeshivat Har Etziyon while some popular choices for the girls are Michlelet Mivaseret yirushalayim, Midreshet HaRova, and Midreshet Lindenbaum (Brovenders). [edit] Japan Due to the employment practice known as Simultaneous Recruiting of New Graduates, a practice of a gap year is extremely uncommon in Japan. Students in Japan have to find a job before graduation. Otherewise, they will have enormous hardship finding a job. [edit] Netherlands The most common form of gap year is work-holiday travel to another country, preferentially on another continent if the person taking it can afford the tickets. Australia and other English-speaking countries are among the most popular due to the high standard of Dutch high school courses in English, but culture/language immersion programmes in Spanish-speaking countries are increasingly popular, and are sometimes offered on all-in basis. Most will leave the Netherlands for only half the year, spending the other six months working to finance the trip. [original research? ] The Growth in popularity of the gap year concept in the Netherlands is evident by the formation of the first Dutch registered gap year company Xtreme Gap Year. The liberal arts college Academia Vitae offers a preacademic gap year in Deventer for young students to study liberal arts. This is not a common form of the gap year in the Netherlands. The Dutch gap year is also referred to as a tussenjaar. edit] United Kingdom British citizens are able to take advantage of the European Union as well as the reciprocal arrangements that exist and live and work in an overseas country for an extended period of time. Australia, New Zealand and Canada remain popular destinations due to the cultural similarities and Commonwealth ties due to the British Empire. Prince Harry popularised Africa as a Gap Year destination when he volunteered in South Africa in 2004. Ot her opportunities available include working in ski resorts in Canada, camp roles n America and working in the Australian Outback. There are many gap year providers in the U. K. that provide opportunities for people of all ages. Many providers are listed on gap year directory sites. Popular gap year projects include Project Trust based on the Isle of Coll, Projects Abroad, Shumba Experience based in Brighton, Think Pacific based in Leeds, Lattitude based in Reading, and Quest Overseas based in Hove. [edit] United States of America In the United States, the practice of taking a â€Å"gap year† or â€Å"year off† before entering college remains relatively rare. This can be partially traced to the considerably higher cost of post-secondary education in the U. S. Many American students cannot afford to take a year off. Another reason is that once American students finish high school, they will normally cease to be covered under their parents’ health insurance unless they immediately continue with full time education. | This article needs additional citations for verification. Please help improve this article by adding reliable references. Unsourced material may be challenged and removed. (June 2010)| Taking a gap year would cause their health coverage to lapse. In 2008, more than 65. 6% of all undergraduate students relied on loans to finance their education, with an average debt of roughly US$23,186 (excluding PLUS Loans but including Stafford, Perkins, state, college and private loans). Among graduate students in 2008, 56. 4% relied on loans, with an average debt totaling roughly US$40,297. [7] Some organizations have offered young Americans structured gap year programs. These include Dynamy, based in Worcester, Massachusetts. Another American gap year option is City Year, with locations in urban centers around the U. S.. Other companies also offer cultural immersion and community service travel programs around the world, including semester programs, residential community living and education in specific areas. Some companies offer structured service learning gap year programs which combine community service and cross-cultural learning experiences. Advantages and Disadvantages of Taking the Gap Year Edit Article | Comments: 0 | Views: 15,912 | Share Syndicate this Article Copy to clipboard If you have just graduated from high school or college you may be considering taking a gap year. Gap year means taking a time off to go and have another experience in life before getting back to studies. The gap year practice is very popular in Europe and other countries where students are persuaded to break off from studies for sometime. Students can travel during their gap year. They try to search for and do something different before moving to the next level in their academic career. So, if you are graduating sooner, you may be looking for possible things you could do during your gap year. Taking the gap year will provide you with enough time to think about the next step in your career. Either you want to become engineer or an IT expert, the gap year will be beneficial to you in many ways. You will think with a cooler mind especially when there is no stress at all. For this reason, gap year is positively regarded in many countries around the world. However, you should think well before taking the gap year. It therefore depends whether the gap year would be a good thing for you or not. One of the first advantages of taking the gap year, is, as said before, it offers time to think carefully about your career. Besides, if you are not performing too well at school or at college, taking the gap year could be valuable as it might save you money. Gap year not only means travelling or going for vacations. It also consists of discovering different aspects of life. So, you may take the gap year to work and save some money. By doing this, you could be able to finance your education during the next step of your career. Another plus point of taking the gap year is that you might be able to travel to meet different people and know diverse cultures. This will help you improve as a person and as well ensure your personal development. Moreover, taking the gap year could also be a drawback. Many people who have taken the gap year may find themselves struggling to get back to their career afterwards. This is probably the most common disadvantage of taking the gap year. Assume you have started to work during your gap year. If you find yourself getting enough income, education might be something difficult to get back to. Furthermore, when taking the gap year, you may lose contact with important people such as your teachers. Teachers are vital in a student’s life as they continuously push him towards getting the best education and also keep progressing in his academic career. This shows that taking the gap year can be advantageous as well as disadvantageous. It is therefore imperative to think carefully before deciding to take the gap year. If you are unsure whether you have to take the gap year or not, ask for help. You may contact your teachers or take advice from your parents. Read more: http://www. articlesbase. com/vacation-rentals-articles/advantages-and-disadvantages-of-taking-the-gap-year-567292. html#ixzz0sLWeFNtZ Under Creative Commons License: Attribution What Are The Advantages Of A Gap Year Travel : Gap Years For those who are considering taking a gap year, it is wise to think just what the pros and cons of that decision may be. These are personal of course, but in general the following could be seen as clear advantages of taking a gap year before going on to university: – It is a chance for a break and to do something different after education has been essentially all that you’ve known all your life – Many people find that it helps with their self confidence, assertiveness and also helps develop personal skills, depending what they do with their time It can help you focus and work out just what you want to do at university if you apply during the gap year, where you will also know your grades with certainty – You could engage in fundraising to get money to help with HE, or work part time or full time during the gap year period – Some employers find it attractive when a person takes a gap year and does something productive with their time during that per iod – Once you enter the world of work and responsibility it can be hard to have the chance to take time out of your career again until retirement| Assessing the benefits of a gap year * Summary * Introduction Rising gap year participation * The development of soft skills * Benefits to employers * Accreditation * Reference Summary Gap year participation has continued to increase amongst young people before, during and immediately after university. In this article, Dr Andrew Jones from Birkbeck, University of London discusses the implications of his research into the gap year phenomenon. Drawing on a study carried out for the Department of Education and Skills (DfES) and current research into overseas volunteering projects, he assesses the benefits that well-planned and structured gap years can have for graduate skills and employability. Key findings include: * gap year participation has increased year on year since the early 1990s amongst those taking undergraduate and postgraduates degrees; * initial evidence suggests this is likely to continue despite the advent of top-up fees; * gap years cover a wide range of activities and certain activities are far more beneficial to long-term education and employment success; * structured work placements (paid or voluntary) aken during a gap year can have significant benefits in terms of developing participants ‘soft skills’: interpersonal, organisational and communication skills; * employers highly value certain kinds of gap year experiences and the skills developed can be a key strength on graduate CVs. back to top Introduction In recent years there has been a major growth in ‘gap year’ participation. Conventionally, the idea of the gap year has referred to a break in study taken by (normally) eighteen-year-olds between school and university. However, the term is now used to refer to a much wider group, both in terms of age and in terms of what the ‘break’ is from. In the report for DfES [1], after much deliberation, I developed a much broader definition to encapsulate the diversity of people aged 16-25 taking gap ‘years’: ‘a period of time out from education, training or employment of between three and 24 months’. Yet the evidence suggests that the university-related gap year remains one of the most important in numerical terms and the ongoing research into this type of gap year suggests that certain activities can be extremely beneficial in educational and career terms. This article examines the evidence for rising participation in university-related gap years and assesses the range of benefits that participants gain from gap year experiences, in particular focusing on the advantages of undertaking some kind of structured placement as part of the gap year experience. It also looks at the issues surrounding accreditation of such schemes. back to top Rising gap year participation In 2004, over 30,000 applicants to the Universities and Colleges Admissions Service (UCAS) deferred entry. However, this headline figure is likely to represent only a fraction of the number of those who take a gap year between school and university. Initial evidence suggests that up to as many young people again do not apply to UCAS whilst still at school and apply to university during their gap year. In addition, it is difficult to quantify the numbers of graduates who take a gap year during or immediately after their degree. Evidence from the gap year industry and travel providers suggests that increasing numbers of graduates are choosing to take a gap year rather than immediate entry into the workplace. There are also a smaller, but significant number, who take a ‘mid-degree’ gap year, either by taking a break in study or through more formal segments of their degree programmes. Those taking a year abroad with modern language degrees, for example, often only have six months of formal study and spend the rest of the time engaged in activities akin to those taking longer gap years. My current research indicates that this increase in university-related gap years is likely to continue, despite the advent of top-up fees. In contrast to the stereotypes often portrayed in the wider media, the existing evidence strongly suggests that gap years are far from the preserve of upper-middle-class individuals from private schools. There is growing participation amongst young people from all backgrounds and the research suggests that most of those undertake paid work to meet most of the cost of taking a gap year. back to top The development of soft skills In preparing the review of gap year activity for DfES, little existing research came to light as to exactly what benefits young people gained from undertaking gap years in general. Whilst most organisations and some universities admissions tutors had expressed anecdotal support for the wide range of benefits they perceived gap year participants as accruing, much centred on generalised statements of ‘greater maturity’ and improved ‘life skills’. These benefits were associated more with activities that involved work, whether that was paid or voluntary. The issue of benefits has thus become the focus of the current research. The emerging argument is that certain kinds of gap year activities, undertaken as a significant component of the overall gap year, can greatly enhance a young person’s skill base. However, there are a huge range of potential activities that are undertaken as a part of a gap year. I developed a stylised model for the broad types of activity that were identified – shown in Figure 1. Of course, not all of these activities promote skill development, and some skills tend to be more relevant to future education or employment success than others. For example, many young people do engage in formal training during their gap year with common vocational qualifications including sports instructor (skiing, diving, rock-climbing) and teaching English as a foreign language (TEFL) qualifications. Whilst the acquisition of the specific dedicated skills is beneficial, in the longer term it is the development of so-called ‘soft skills’ that the research identified as being most likely to be important to future educational and employment success. Figure 1: Options in choosing gap year activities The DfES review identified initial research that suggested paid or volunteering work activities exposed young people to experiences that enhanced a range of soft skills. These are primarily interpersonal, leadership, communication, time management and organisational skills. In this context, the current research has been following groups of young people through their gap years in a ‘before, during and after’ study of how the various experiences they undertake are beneficial. These cohorts of ‘gappers’ are all participating in structured volunteering projects overseas with a major gap year provider organisation as a significant component of their gap year. However, the study is also assessing the impact of other component activities – backpacking and independent travel as well as low-skill work in the UK – that also form the rest of their gap year. The evidence suggests that these volunteering placements are promoting the development of ‘soft skills’ amongst the pre-university ‘gappers’. Almost all of the 200 or so I have interviewed (twice, at this stage) emphasise how the voluntary work experience has improved their confidence and sense of maturity. When explored in depth this has arisen from the day-to-day exposure to new and often difficult social and workplace environments that these young people have not previously experienced. For example, many related accounts of having to learn to ‘get on with people’ and experiencing ‘having a boss’ for the first time. Two groups I have followed in depth worked voluntarily as teaching assistants in Tanzania and Vietnam. Quite quickly after arriving in their placements, these young people were dealing with classes of teenagers and having to stand up and speak (and often teach). Many reported feeling much more able and comfortable speaking to new people, to large groups and dealing with difficult social situations. They also had to help plan and organise lessons on a day-to-day basis as well as work unsocial hours when tired and discipline unruly children. Overall, the findings of the current project reinforce the initial conclusions of the DfES review: that structured (or at least pre-organised) paid or voluntary work placements offer the participants the opportunity to substantially develop a range of soft skills. This does not mean that gappers spend their whole gap year in such schemes, but simply that as a component of a gap year these kinds of activities are extremely valuable. back to top Benefits to employers The current research has also found that many graduate employers have a good understanding of the benefits that a ‘value-adding’ gap year offers. I interviewed several human resources staff who emphasised the advantages that a candidate has if their gap year has built these soft skills. In a graduate recruitment market where more and more applicants have degrees (and an increasing proportion have second class ones), structured gap year work placements mark out potential recruits who are likely to have the wide range of soft skills that employers want but which they do not feel universities teach adequately. Employers, thus, are able to recruit young people who have experience of workplace environments, of dealing with people in a working environment and who have communication and organisational skills to deal with professional occupations. Many graduate-level jobs require these skills in equal measure with academic ability but formal qualifications do not give employers much indication of an applicant’s ability in these areas. Employers also benefit from new recruits who, to quote one HR director, have ‘been out of their comfort zones’ and are thus more likely to have the flexibility and improvisation skills to deal with the demands of the graduate workplace. back to top Accreditation A final emerging issue in the gap year sector is that of accreditation. The research I have carried out into the gap year providing sector found a large number of small organisations offering a wide variety of placements. This makes any general form of gap year accreditation scheme difficult for participants. The DfES review recommended that accreditation schemes should be developed, but around specific programmes as it was not appropriate at the gap year sector-wide scale. Subsequently, there is growing evidence of moves by some of the larger providers to align their structured volunteering schemes, both in the UK and overseas, with schemes such as the Duke of Edinburgh Award. In that sense, the gap year sector itself is beginning to promote accreditation that will enable the easier identification of the kinds of structured placements that are most beneficial in terms of enhancing soft skills. Disadvantages of a gap year? I didn’t have a gap year myself, but a couple of my friends who did said it got really lonely as most of the people they knew had left. How much you enjoy it can depend what job you get as well – hopefully you can get something decent if you have good A-levels, but you might find you have to search a bit. And also you’re older and wiser when you get to uni and all the drunken 18 year olds might annoy you a bit – they annoyed me, and I didn’t have a gap year, and the people on my corridor who did really wanted to kill all the annoying â€Å"just left school† types! Let be honest, quite a few people take a gap year and with the diversity of people going to university im sure you will find many people that are very mature and that you can get on with as well as the irritating just started drinking 18 year olds. One year is not massive in terms of a career and can infact be a very good think. For one you will be more mature when you leave university and for MANY careers you cannot have a gap year after leaving university due to competitivness and such. Therefore a gap year leaves you the possiblility of gaining valuable work experience that can give you the edge once you leave university. Socially in the year off may be the most challenging, living at home presumably and such. I’m taking one however and i’ve got about 8 close friends staying in near proximity so that gives me options for the weekends and i’m sure i’ll make new friends when I start a new job etc etc Also a year out should freshen you up and give you a new desire to get back into education and shore up any doubts you may have had. Overall I think a gap year is mainly positive but it kinda depends on the person that you are whether it is a success or not. I’m not taking one, purely because I think I’d get out of the habit of studying, and really struggle when I got to university. Besides, I’d get used to having money and then end up in a right mess when I left home GAP YEAR Ever thought of doing a gap year? Even know what a gap year is? Well let us tell you! WHAT? A gap year is taking time off, typically between high school and starting college. Gap year can be a great opportunity for students to take a break from the rigors of academic pursuit to do something different. Gap year participants generally take time to work or volunteer, frequently abroad, and take the opportunity to travel as well. While gap year is still considered strange by some, it is becoming increasingly popular among students who know they need some time before they are ready or able to commit to a full-time degree program in college. A gap year allows you to take that time while learning more about the world in a way that will almost certainly help you in college and later in life. WHY? While the potential benefits of a gap year are extensive and complex, three overall themes generally emerge: * Personal growth and maturity Broadening horizons and developing skills * Beneficial later in life Gap year can help you to grow and mature since you are taking on a level of responsibility you have probably never known before. Those who organize their own gap year experiences will have the challenges of planning where to go, how to get there, how to finance the excursion, where to live, where to work, etc. Even if you go with a structured program that provides assistance in placement and living arrangements, you will still have a number of responsibilities that you have never had to deal with before. Travel also rovides a growing experience. Living with people of a different culture forces you to open your eyes and see beyond the assumptions that you can live comfortably with at home. Many students come back from gap year with a new sense of direction in life or a new perspective on what they would like to do with their time in college. In addition to all these benefits, gap year can also look impressive when you have graduated from college and are out looking for a job or applying to graduate school. Showing the type of initiative and perseverance required to pursue a gap year experience is impressive to employers. Employers are also increasingly looking for culturally sensitive people in today’s globalized marketplace. WHY NOT? Why would you not want to participate in a gap year? * It might be expensive * It might be dangerous * You’ll be a year ‘behind’ your friends who went straight to college * It might be so much fun you’ll never want to return to the old routine All of these objections might cross your mind (and these and more will certainly cross the minds of parents, teachers, and adults when you discuss your hair brained scheme with them). However, the evidence really does not support most of these fears. Granted, you will be a year behind your friends in school, but you will also have had experiences that they have not had, which will give ultimately give you far more of a head start on life than going to school a year sooner. While taking a gap year can be dangerous or expensive, school is also expensive and just walking down the street can be dangerous. Gap years often consist of working at least part if not full time to support your travels. This helps you mature and learn the value of budgeting in order to accomplish the things you want to do during your gap year. And if your parents are worried, you can reassure them that studies suggest that gap year participants are statistically safer than college students. Gap year students also tend to return to college refreshed and with a greater appreciation for the possibilities that education can provide them in the world at large. How to cite Gap Year, Papers

Sunday, April 26, 2020

The Internal and External Environment of Business Essay Example

The Internal and External Environment of Business Paper In an effort to achieve all this, a business entity has to interact with its internal as well as its external environments. According to Janis, Teheran and T reran (201 0), business environment refers to those aspects of the surroundings of business enterprise which have influence on the functioning of business. The world is dynamic and at times it undergoes through some changes which the business entity should be able to read so as to adapt well to these changes and hence be in a position to be able to continue its operations. It true that the managers cannot always regulate or control their environments, so it is always better to be aware of any changes that occur or that may occur, simply because these changes ultimately affect their daily day actions and decisions. For example, media reforms in Zanzibar that led to the opening up of airwaves in broadcasting to other players has had an impact on the operations of the Zanzibar Broadcasting Corporation’s radio and television channels. Also, related to this, was the coming on board of the free to air satellite dishes, which have made it possible for people in Zanzibar to have access to other channels other than the CB channels. Thus, for the managers of those existing channels, it was not at all possible to ignore the increased service and competition brought about by the coming on board of competitors. It is therefore a fact that, If managers do not respond to competition in appropriate time, then this will turn lethal for their organization. A business can never be profitable if it is ignoring the dynamic internal and external environment. By examining the internal and external environment, an organization develops its long term objectives and then it chooses a particular strategic pathway to achieve those objectives. We will write a custom essay sample on The Internal and External Environment of Business specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Internal and External Environment of Business specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Internal and External Environment of Business specifically for you FOR ONLY $16.38 $13.9/page Hire Writer But this entire recess can be completed only after a careful analysis Of internal and external environment. According to objectifications. Com, the internal environment of business are the conditions, entities, events and factors within an organization that influence its activities and choices, particularly the behavior of the employees. An organization’s internal environment is actually, composed of multiple elements existing within the organization, including management, current employees and most importantly corporate culture, which ultimately defines the employee behavior. Teheran et al (2010) concur with this when hey state that, internal environment includes internal factors of the business which can be controlled by the business. It refers to environment within the organization. It includes objectives of the business, managerial policies, different departments of the organization, management and employees of the organization, labor management relationships, brand image and corporate images, physical resources including infrastructure available within the business, vision and thinking of top management, research and development activities of the organization, working conditions in the organization, morale and commitment of human resources and so on. The components of internal environment are usually within the control of business. Quality of human resources, a component of internal environment is largely responsible for success or failure of the business entity. If employees of an organization are skilful and committed, then they can take the business entity to great heights. However, on the other hand, if they are disgruntled, to an extent that they can even go on an industrial action, the activities of the organization can be jeopardized. If directors of an organization have broad vision and creative thinking, they can foresee changes that may affect the organization. As a matter of fact, they can then craft appropriate policies to deal with such changes on time. To some extent, the National Railways of Zanzibar can be cited as an example of an entity that failed to adapt to changes in the transport business environment and as a result it is struggling to survive. Marketing activities, which include research and development, are also part of the internal environment of a business unit. If the company is good at research and marketing activities, it can take an edge over competitors and can get larger market share. Connect Wireless can be given as an example of a many that has a strength in its research and development, whereupon after realizing that people were being charged exorbitant rates for transactions in the banking sector, it came up with a facility to transfer money using phones. Available physical and financial resources are also part of the internal environment. If the business enjoys sufficient financial resources, it can afford to spend more on research and promotional activities. Such activities aim at getting to know more information of the market and its needs and it is based on such a strength that new, appropriate products can be developed. For example, the need for people in Zanzibar to have access to internet in their homes led to availability of USB modems to people from mobile service providers such as African, Powerful, Telltale, Connect and others. Working conditions in an organization is another factor that can be looked at when the internal environment of an organization is being looked into. Where working conditions are unfavorable, employees will not stay long in the organization. As a result, there will be high labor turnover in the organization which in turn will result in poor service delivery by the organization. Dilemma (2012) in his research on the impact of high labor turnover on the service delivery of Mutual Rural District Council found out that excessive turnover had been costly and harmful to the operations of the entity. Gain et al (2010) define the external environment of a business as, â€Å"the set of external factors such as the economic factors, socio-cultural factors, government and legal factors, demographic factors, ego-physical factors which are uncontrollable in nature and affect business decisions of a firm or company†. Reinforce and Schools, cited by Gain et al (201 0), â€Å"The environment of equines consists of all those things to which it is exposed and by which it may be influenced directly or indirectly’. The external environment factors of a business can be categorized into: l) Micro/operating environment, which includes suppliers, customers, market intermediaries, competitors and public as well as ii) Macro/General environment, which encompasses economic environment, political environment, socio-cultural environment, technological environment, natural environment, demographic environment and international environment. This presentation will explain customers, public , economic environment, genealogical environment as well as demographic environment. Customers are a central point of any business organization. Success of a business organization depends upon identifying customers’ needs and then making efforts to produce products that will satisfy such needs. Because of many players in several sectors of the economy it has become challenging for some business entities to satisfy the needs of customers. As a result, those that fail to adhere to customers’ needs will lose Customers to competitors. An example is that of Intone, a mobile service operator that has lost a lot of customers to Connect Wireless. According to Gain et al (201 0), public is any group that has actual or potential interest in the business. To achieve this interest, it has its impact on the business. An example of public is media. This includes newspapers, magazines, or journals which may publish favorable or adverse remarks about the company. Both types of remarks in media have effect on the reputation of the company. For example, negative reporting about the Zanzibar Open University in 2011 led to a sharp drop in the enrolment statistics of that institution. The economic environment refers to those economic factors which have impact on the working of business, that is, economic system, economic policy, nature of economy, trade cycles, economic resources, level of income, distribution of income and wealth and so on. For instance, the level of income of the working class determines the disposable income of those employed. As a matter of fact, the more disposable income workers have the more products they would buy. For example, if a lot of people have significant disposable incomes it means that for a business entity that is into car selling, more cars may be bought. Technological environment comes about as a result of systematic application f scientific or other organized knowledge to practical tasks. The past fifty years or so has seen a substantial development of technology, enabling man to save lives, generate and distribute energy, discover new materials and substitutes as well as introduction of machinery in place of manpower. Some developments resulting from technological innovations have been seen to wonders while some are destructive. For example, knowledge that was developed leading to SUCCessfUl operations of hearts and transplantation Of kidneys have been seen as wonders whilst the production of hydrogen bombs have proved to be a horror. Demographic environment is the study of features of population such as its size, growth rate, age composition, sex composition, education level, income level, family structures and so on.