Participation of Juveniles in Deviant Behavior Essay Example for Free

Participation of Juveniles in Deviant Behavior Essay From the very dawn of the formation of civil communities, some types of behavior had been classified as unlawful and had been discouraged. Even the earliest legislations had inflicted punishment for infringement of the extant laws, in wider interests of their society. This practice has continued to this day and it is common knowledge as to what does or does not constitute unacceptable or deviant behavior. Deviance has been described as the breach of the cultural standards and one such instance is crime. An important subset of crime is juvenile delinquency or crimes committed by juveniles. Juvenile deviant behavior occurs due to a number of causes and some of these are a disturbed home environment, difficulty in adjusting to the school environment that results in discontinuing school and in poor academic performance and associating with immoral persons. Traditionally, the perspective of criminology has been restricted to the contravention of laws laid down by society. On the other hand, research in the context of deviancy has adopted a much wider perspective and labels any abnormality that is socially prohibited as being deviant. Accordingly, the use of obscenities in speech, mingling with antisocial element and alcoholism constitute deviant behavior. In other words, the sociological approach to deviance encompasses the restricted perspective of traditional criminology (Deviant Behaviour , 1994). The various steps that culminate in the establishment of deviant identity are ignominy, social rejection, and membership of a subculture that is deviant and assumption of a deviant role. The assumption is that social processes act in such a manner that the individual is compelled to assume a deviant role, because of the exclusion of the more conventional positions. The result of the adoption of such a deviant role is that the individual may become a member of a deviant subculture and may eventually adorn the role of permanent deviancy (Deviant Behaviour , 1994). Some of the major causes for socially deviant behavior amongst juveniles have been identified, by researchers, as childhood abuse, neglect and trauma. The abuse of narcotic substances has been considered to be the root cause of trauma in juveniles and most of the juveniles in detention were either addicted to drugs or had been addicted to drugs prior to incarceration. Furthermore, poverty has been found to be closely associated with violent crime and homicide. It was observed in many ghettos in the US that the crime rate was on the increase wherever there was economic deprivation, whereas there was a reduction in crime rates in areas located outside these ghettos (Blank, 1997. P. 47). It had been opined by the chief of the child development and behavior branch of the National Institute of Child Health and Human Development or the NIH that crime, pregnancy amongst teenagers, discontinuation of school and substandard academic performance were caused by the lack of adequate reading skills. Moreover, various research projects that had been conducted in the past, had established that a dearth of reading skills had a direct bearing on the proliferation of juvenile delinquency (Hodges, Giuliotti, Porpotage, 1994). In 1951, a survey conducted by Melvin Roman, revealed that approximately eighty  ¬Ã¢â‚¬â€œ five percent of those who were receiving treatment in the clinic attached to the New York City Children’s Court, had impaired reading skills. It was also stated by many authorities that detained juveniles were invariably characterized by academic achievement that was unsatisfactory (Hodges, Giuliotti, Porpotage, 1994). Economic deprivation produces a variety of deviant behavior in juveniles, who fall victim to anger, apathy, ignorance and desperation. Ignorance prevents juveniles from taking advantage of the education system to obtain skills that could prove to be adequately remunerative and this in turn results in discontinuation of schooling. Moreover, some of these juveniles might have parents who indulge in the abuse of drugs and this could embolden them to undertake risks that could prove fatal, in order to experience pleasure for a small duration of time.

Fair Value Reporting Advantages and Disadvantages

Fair Value Reporting Advantages and Disadvantages Discuss the pros and cons of fair value reporting for investors? Why has this trend emerged, and how does asset value volatility seen during and since the Global Financial Crisis effect your views on this? There have been many debates in previous decades amongst the investors, users of the financial statements, on whether fair value accounting is worth being used. According to IFRS 13, fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (ACCA, 2016). Usage of fair value has advantages, however, it has disadvantages as well. This essay will discuss how fair value is more advantageous than disadvantageous and how it is carried out. It will also examine how fair value led Lehman Brothers, an American investment bank, into bankruptcy during the global financial crisis and why the trend of fair value has emerged in the recent decades. As historical cost loses relevance with the passing of time, it is more appropriate to use fair value reporting as it considers current market prices and conditions. This provides investors with the most relevant estimates of the value of business (Gjorgieva-Trajkovska et al., 2016), and timely information which is important for making investing decisions (McEnally, 2007). Penman (2007) states that fair value accounting reports assets and liabilities through an economists view and therefore reports economic income the change in fair value of net assets on the balance sheet. This is of interest to investors as they can make predictions of future earnings based on current information (Marra, 2016). On the other hand, Sundgren (2013) claims that there will also be fluctuations in fair values, leading to uncertainty of future inflows. Although this poses a disadvantage towards certain stakeholders, it is helpful to investors as high fluctuations could indicate high risk, which may rewar d them with high returns. Another advantage of fair value reporting is the reliability and transparency of the method. More transparency means that the investors are able to get an insight into the real value of the company. This allows investors to make more informed decisions that will benefit the business (Bigelow, n.d.). Fair value reporting is reliable as it can be checked in hindsight from available information about current and past market prices (Betakova et al., 2014). This is beneficial for the investors as it means that they can be confident that their decisions are correct and that the finances of the business will not suddenly change. Bubble prices can be an issue for investors as it may mislead them into making poor investing decisions. There is plenty of empirical evidence to show that bubble prices exist (Ryan, 2008). These price bubbles, according to Penman (2007), are introduced into financial statements through the usage of fair value accounting. He goes on to say that this causes bubble gains to reflect on the income statement, and these may, falsely, show the company as being healthy which could lull investors into a false sense of security. These bubbles also result in the investor receiving ineffective financial statements which will impair their decision making. An example of this would be where investors pay prices that far exceed their own valuation (Scheinkman and Xiong, 2003). This would make it tough for investors to earn a reasonable return on their investments. However, the research fails to consider the difficulties locating price bubbles or how investors can prevent themselves from being misled . It also fails to consider that bubble prices show the current trading price, albeit inflated, and therefore show the true value of the investment according to current prices. When there is illiquidity in a market, fair value is called mark to model accounting. Ball (2006) explains that when this occurs, market prices are not accurate as firms try to find an approximate value for the assets. He continues by stating that this can let managers easily manipulate values according to their own preferences affecting the reliability of financial statements. Betakova et al. (2014), argues that measurement procedures of fair value create loopholes and this means that prices can be written as vastly different from what they really are, which again allows manipulation. The fair value of assets and liabilities is derived from the 3 level hierarchy of inputs. According to IFRS 13, the highest priority is given to level 1 inputs the quoted price of assets and liabilities that are traded in the active market. Laux et al. (2010) state that assets or liabilities should be marked to market, which means that the quoted price has to be used to determine its fair value as it is the best approximation of how much an asset would be sold for (Magnan, 2009). IFRS also emphasises that the price to be used has to be those of an orderly transaction to ensure that it is not a forced transaction in order to maintain its representability. An example of level 1 valuation would be listed stocks or bonds. In cases where an asset does not have an active market, level 2 fair value measurement should be used. This is when the valuation inputs are directly or indirectly observable but do not fall under Level 1 (Magnan, 2009). Level 2 inputs, the net replacement cost, includ e quoted prices for similar assets or liabilities in active or non-active markets, and other relevant market data like the yield curves (Sundgren, 2013). For example, Petrobras issued a bond which is not traded. However, if there is an active market for a Valero Energy bond that is similar, the price of the Valero Energy bond can be used as level 2 input to value the Petrobras bond. Finally, the least priority is given to level 3 inputs, which are unobservable inputs. It is the least accurate as it is based on model assumptions. An example of level 3 measurement is when there is no observable input to value the Petrobras bond, then the value of the bond can be estimated by discounting its future cash flows. As a result, the reliability is reduced due to the subjectivity of the discount rate. Fair value is argued to be more appropriate, compared to historical cost, when level 1 valuation is used as it only allows minimal manipulation. However, during 2008, many companies overvalued t heir assets by using the level 3 measurement, contributing to the global financial crisis. Furthermore, there is an advantage in valuing certain assets using historical cost over fair value, like property, plant and equipment. This is because historical cost results in a more consistent calculation of depreciation. Moreover, under fair value, assets would need to be revalued frequently due to changing market conditions and this would impose additional costs to the organisation (Christensen and Nikolaev, 2013). Fair value was a dominant force in the financial crisis and exacerbated its severity (Cai-xia and Chi, 2010). Huizinga and Laeven (2009) note that fair value is procyclical and therefore intensifies the phases in the economic cycle. They expressed that banks were materially impacted due to the contrast between market and book values. Lehman Brothers was an American investment bank, founded in 1850, and was the fourth-largest investment bank in the United States. Its bankruptcy in 2008 was a prominent event in magnifying the repercussion of the financial crisis (Acharya and Richardson, 2009). One of the pivotal reasons for this collapse was due to the high leveraging (Lehner, 2016). Lehman disguised this from stakeholders by utilising fair value accounting and creative accountancy. The incentive behind such manipulations would be the benefit pressurised managers derive by camouflaging vulnerabilities in the organisation. This is proved by the movement of the leveraging ratio from 23.7 :1 in 2003 to 30.7:1 in 2007 (SEC Info, 2007) which signifies a high level of risk to investors. In addition, Azadinamin (2012) mentions that accounting standards, due to their defects, enable management to misrepresent financial information for momentary monetary rewards. He states further that Lehman window dressed the financial statements, using fair value, to present healthy looking balance sheets which assisted in concealing a major complication negative cash flows. Magnan (2009) states that As of November 30, 2007, 75.1% of assets measured at fair value were measured according to level 2 or level 3 inputs. This indicates that Lehman generally did not use the more reliable level 1 values. In addition, the proportion of assets valued using level 2 or 3 increased to 81.7% the following year. This shows the speed at which reliability in the accounting method was reduced. It is backed up by the empirical evidence provided by Magnan which shows that the movement from level 1 to lev els 2 and 3 was done intentionally so that they were able to report assets too highly and hide losses. He goes on to explain that fair value provides beneficial information to investors when assets trade in deep and efficient markets but are less useful when the markets are less liquid. One of the key reasons for the fall was the lack of liquidity caused by banks securing themselves, due to the financial crisis, by asking Lehman to pay off their debts. In addition, even though Lehman had a huge asset base, they lacked assets which could quickly be sold for cash (Brunnermeier, 2009). Apart from the ongoing financial crisis, another aspect that increased the speed of the collapse was the unrealised gains and losses brought about by the usage of fair value accounting (Magnan, 2009). For example, Hughes (2008) mentions that Lehman Brothers showed a $400m gain from fair-valuing its own liabilities. As no other firm wished to buy Lehman, in its state at the time, they declared bankruptcy on the 15th of September 2008 and this was quoted as the largest bankruptcy in the history of the United States (Mamudi, 2008). Therefore, fair value accounting without adequate additional disclosure is neither fair nor a good reflection of the value that is at risk (Magnan, 2009). To summarise, whilst relevance and reliability are the primary qualities of the usefulness of a financial report, there is a constant debate on the trade-off between these qualities when fair value measurement is adopted. Fair value is known to be relevant as it uses the current market price, however, it sacrifices its reliability as level 2 and level 3 inputs are used. The value of relevance and reliability is equally important because relevant information that has no reliability would mean nothing to the investors (Sing and Meng, 2005). In contrast, Hitz (2007) notes that fair value would be reliable if there was an actively traded market but the problem arises when there is not. He also remarks that usage of historical cost is falling whereas fair value accounting is on the rise. The reason for this is because fair value provides more timely and comparable information than amounts that would be reported under other alternative accounting approaches (Laux and Leuz, 2009). Furthermo re, they add to this by saying that fair value accounting recognises losses earlier than other methods of accounting and this makes it much more difficult to hide problems in the corporation which, if left to grow, would make crises more severe. However, we have seen that even through the use of fair value accounting, as in the case of Lehman Brothers, fair value accounting was a significant player behind the crisis of 2008. Wallison (2008) argues that fair value causes instability among financial institutions, although the title of the journal suggests that he would be taking a biased stance towards the topic. Moreover, the usage of fair value accounting causes volatility due to constantly changing prices. This concerned banks during the financial crisis due to the enormous write-downs caused by falling asset prices. However, Enria et al. (2004) argue that volatility provides information to investors regarding the risks of their investment. We believe that solely utilising fair val ue has pitfalls and therefore companies should adopt an integration between historical cost and fair value to eliminate the weaknesses of each. Nonetheless, we conclude that investors still prefer fair value accounting despite the disadvantages and the trade-off because it represents the true economic condition of assets and liabilities. References: ACCA, 2016. A framework for determining fair value? [Online]. Available from: http://www.accaglobal.com/gb/en/student/exam-support-resources/professional-exams-study-resources/p2/technical-articles/ifrs13.html [Accessed 08/03/17] Acharya, V.V. and Richardson, M., 2009. Causes of the financial crisis. Critical Review, 21(2-3), pp.195-210. Azadinamin, A., 2012. The bankruptcy of Lehman Brothers: Causes of Failure recommendations going forward. Swiss Management Center. Ball, R., 2006. International Financial Reporting Standards (IFRS): pros and cons for investors. Accounting and business research, 36(sup1), pp.5-27. Betakova, J., Hrazdilova-Bockova, K. and Skoda, M., 2014. Fair value usefulness in financial statements. DAAAM International Scientific Book, pp.433-448. Bigelow, L. The Advantages Of Fair Value Vs. The Equity Method. The Finance Base. Available from: http://thefinancebase.com/advantages-fair-value-vs-equity-method-3255.html [Accesses 02/03/2017] Brunnermeier, M.K., 2009. Deciphering the liquidity and credit crunch 2007-2008. The Journal of economic perspectives, 23(1), pp.77-100. Cai-xia, H.E. and Chi, Z.H.A.N.G., 2010. Fair value accounting under financial crisis. Journal of Modern Accounting and Auditing, 6(6), p.59. Christensen, H.B. and Nikolaev, V.V., 2013. Does fair value accounting for non-financial assets pass the market test?. Review of Accounting Studies, 18(3), pp.734-775. Enria, A., Cappiello, L., Dierick, F., Grittini, S., Haralambous, A., Maddaloni, A., Molitor, P.A., Pires, F. and Poloni, P., 2004. Fair value accounting and financial stability. Hitz, J.M., 2007. The decision usefulness of fair value accounting-a theoretical perspective. European Accounting Review, 16(2), pp.323-362. Hughes, J., 2008. Fair value can flatter to deceive on your own debt. Financial Times, 24(07), p.2008. Huizinga, H. and Laeven, L., 2009. Accounting discretion of banks during a financial crisis. Laux, C. and Leuz, C., 2010. Did fair-value accounting contribute to the financial crisis?. The Journal of Economic Perspectives, 24(1), pp.93-118. Lehner, O.M. ed., 2016. Routledge Handbook of Social and Sustainable Finance. Routledge. Magnan, M.L., 2009. Fair value accounting and the financial crisis: messenger or contributor?. Accounting Perspectives, 8(3), pp.189-213.. Mamudi, S. 2008. Lehman folds with record $613 billion debt [Online]. New York: Market Watch. Available from: http://www.marketwatch.com/story/lehman-folds-with-record-613-billion-debt [Accessed 08/03/2017]. Marra, A., 2016. The Pros and Cons of Fair Value Accounting in a Globalized Economy: A Never Ending Debate. Journal of Accounting, Auditing Finance, 31(4), pp.582-591. McEnally, R., 2007. Fair Value Financial Reporting. CFA Magazine, 18(1), pp.25-26. Penman, S.H., 2007. Financial reporting quality: is fair value a plus or a minus?. Accounting and business research, 37(sup1), pp.33-44. Ryan, S.G., 2008. Fair value accounting: Understanding the issues raised by the credit crunch. Council of Institutional Investors, (July, 2008), pp.1-24. Scheinkman, J.A. and Xiong, W., 2003. Overconfidence and speculative bubbles. Journal of political Economy, 111(6), pp.1183-1220. Sing, T.Y. and Meng, S.C., 2005. Fair value accounting-relevance, reliability and progress in Malaysia. University College Sedeya International. Sundgren, S., 2013. Is fair value accounting really fair? A discussion of pros and cons with fair value measurement. The Finnish Journal of Business Economics, 62(3-4), pp.242-250. Trajkovska, O.G., Temjanovski, R. and Koleva, B., 2016. FAIR VALUE ACCOUNTING-PROS AND CONS. Journal of Economics, 1(2). Wallison, P.J., 2008. Fair value accounting: A critique. Financial Services Outlook. LEARNING LOG SUMMARY (maximum 1 page using Aerial 12-point with at least 1cm margins) Suggested content: What did you learn from the assignment both technically and in terms of working together as a group? We learnt about what caused the global financial crisis to occur and the impact it had on various financial institutions We gained a deeper understanding on the faults in fair value accounting which also shows why historical cost was so prevalent We learnt how to allocate work between the members of the group as well as set realistic deadlines What strategy as a group did you follow in tackling the assignment task? Making sure everyone was involved in writing each paragraph so that we received various different viewpoints Having frequent meetings and discussions in order to compare our research and decide on which points we should include within our paragraphs What problems did you face and how did you overcome them? Understanding what was required of the question. We overcame this ask question to the lecturer and finding out, through research, about other topics that could be included in each paragraph What went well? Coordination was good since we kept in touch with each other frequently Everyone kept to their deadlines and provided what was required of them when needed What, in retrospect, would you have done differently, why and how? In the beginning we took time to assign research topics and research took a while as we were all new to it. However, later on we were able to increase the pace as we became more proficient. If, however, we had been able to start off at this pace, the work would have been more evenly distributed over the weeks rather than being skewed towards the deadline Where did you locate most of your sources? Google University of Bath library Google Scholar LOG OF GROUP MEETINGS (complete a maximum of 1 page for each meeting) Meeting 1 Date of Meeting 23 Feb 2017 (Thursday) Attendees Ben Maitland Kylie Siow Gavriella Kafkalia Sidharth Ranjith Name of Absentees Agenda and tasks completed Decide on days of meeting every week (Tentatively Tuesday 1-2pm Friday 12.30-2pm) Talked about the structure of the essay Agreed items Structure of Essay Introduction Pros and Cons of FV 3rd of March How its carried out 10th March Example of FV during Financial Crisis 10th March Conclusion Tasks to be completed by next meeting Find points for pros and cons of fair value Date of next meeting 28 Feb 2017 (Tuesday) Meeting 2 Date of Meeting 28 Feb 2017 (Tuesday) Attendees Ben Maitland Kylie Siow Gavriella Kafkalia Sidharth Ranjith Name of Absentees Agenda, items agreed on and tasks completed Allocation of points for the first paragraph pros and cons of fair value accounting to investors Tasks to be completed by next meeting Full paragraph of pros and cons of fair value Date of next meeting 3 March 2017 (Friday) Meeting 3 Date of Meeting 3 March 2017 (Friday) Attendees Ben Maitland Kylie Siow Gavriella Kafkalia Sidharth Ranjith Name of Absentees Agenda and tasks completed Compiled the first paragraph Talk about the next 2 points Global financial crisis How fair value is carried out Allocate points to each person Tasks to be completed by next meeting Find points for the financial crisis and how fair value is carried out Date of next meeting 7 March 2017 (Tuesday) Meeting 4 Date of Meeting 7 March 2017 (Tuesday) Attendees Ben Maitland Kylie Siow Gavriella Kafkalia Sidharth Ranjith Name of Absentees Agenda and tasks completed Choose which points to write about and discuss how to evaluate it. Tasks to be completed by next meeting Finish the paragraphs how FV is carried out and the example during financial crisis Date of next meeting 10 March 2017 (Friday) Meeting 5 Date of Meeting 9 March 2017 (Thursday) Attendees Ben Maitland Kylie Siow Gavriella Kafkalia Sidharth Ranjith Name of Absentees Agenda and tasks completed Completed all body paragraphs Tasks to be completed by next meeting Introduction and Conclusion Date of next meeting 14 March 2017 (Tuesday) Meeting 6 Date of Meeting 15 March 2017 (Wednesday) Attendees Kylie Siow Gavriella Kafkalia Sidharth Ranjith Name of Absentees Ben Maitland (However did send his share of the work by e-mail) Agenda and tasks completed Completed introduction and draft for conclusion Tasks to be completed by next meeting Complete full paragraph for conclusion and make some changes for body paragraphs Date of next meeting 16 March 2017 (Thursday) Meeting 7 Date of Meeting 16 March 2017 (Thursday) Attendees Kylie Siow Gavriella Kafkalia Sidharth Ranjith Name of Absentees Ben Maitland (However did send his share of the work by e-mail) Agenda and tasks completed Worked on conclusion Date of next meeting 18 March 2017 (Saturday) Meeting 8 Date of Meeting 18 March 2017 (Saturday) Attendees Ben Maitland Kylie Siow Gavriella Kafkalia Sidharth Ranjith Name of Absentees Agenda and tasks completed Made some changes to body paragraphs Finalised the whole essay

Object Oriented Programming

Object Oriented Programming There are many definitions in different sources. Some of them are like: Object-oriented programming is a method of programming based on hierarchy of classes, and well-defined and cooperating objects (Oracle, 2010a) Object-Oriented Programming (OOP) is different from procedural programming languages in several ways. Everything in OOP is grouped as objects. OOP, defined in the purest sense, is implemented by sending messages to objects (IBM, 1995a) Object-Oriented Programming (OOP) is a programming language model organized around objects rather than actions and data rather than logic (TechTarget, 2008) So in other words, OOPs is a type of programming in which the programmers have to define not only the data type of a data structure but also the functions or operations to be applied to the data structure. By doing this, the data structure converts to an object including both data and functions. Java, Python, Visual Basic .NET, Ruby, Smalltalk and C++ are among the popular OOP languages. The OOP starts with first step as identification of all the objects to be manipulated and how they identify each other. This is often called as data modelling. Once the object has been identified, we have to label it as objects class and also have to define the type of data contained in it and any logical sequences that can manipulate it. A distinct logic sequence is known as method. An instance of class is called as an object. The object runs in machine (computer). Computer instructions are provided by methods and the data is provided by the object characteristics. OOPs Principles OOP deals with objects, and to define it, w should know the types of objects which are described in class. Objects are instances of class. A class contains methods and attributes. Attributes are used to represent an object by using a dot, like: anObject.someAttribute; the attribute can be any type even same as an object type. Methods are used to represent the working of an object like: anObject.someMethod(parameters); The difference between attribute and method is that an attribute can only contain a value or a state but a method can also do some functioning. In the programming world, there is not any definition of OOP which can be accepted by all at same time but certain principles have been formed to help in understanding OOPs (Filimon, 2007a): Modularity it means to break the program code into different parts which can then easily be interlinked to make a well organized program. Figure 1: Modularity (Filimon, 2007b) Encapsulation it is linked to modularity. According to this, everything except the interface of an object should be hidden and precisely located, so the actual implementation can easily be changed, with an improvement to the program security (Filimon 2007a). Figure 2: Encapsulation (IBM, 1995b) Inheritance this is the main reason in the fine working of OOP. It allows a class to have the same behaviour as another class and extend or remove that behaviour to provide special action for specific needs (IBM, 1995a) Figure 3: Inheritance (Oracle, 2010b) This diagram shows the class hierarchy as it descends from java.lang.Object for the classes in the user interface. Benefits of OOP With the help of inheritance, a programmer can eliminate the redundant code and extends the use of available code. Classes Programs can be built from the working modules which interact with one another, rather than starting the code again from scratch. Due to this, lots of development time is saved and production is higher. Because of data hiding, the programs are designed not be touched by the codes in other parts of the program and this provides greater system security and avoids unintended corruption. Multiple instances of an object can coexist without any interference. Easy to break the work in parts based on objects. Easily small to large systems upgradation of OO systems. With the help of the concept of data classes, a programmer can create any new data type which is not already defined in the language. Code reuse; polymorphism. Errors are caught when compiling rather than at runtime. Works like the way real world works. Easily to map a real world problem to a solution in OO code. Disadvantages of OOP OOP takes more time to execute as it is a high level concept and many routines run at back at the time of execution. Artificial class relations. We can easily make break the program making it more suitable according to us but if the programming is based on real world problem then the modified structure is not similar to what exist in real. Unnecessary complications. Wastage of time in case of small coding programs. Due to inheritance, it is hard to read the code. If u have classes inheriting other classes, then you might end up with code again and again to figure out which method is called. How OOP is used in Software Development? In any complexity of software development, OOP is the best to solve the issue. These are the areas where OOP is used (Buyya et al, 2009): Image processing Pattern recognition Computer assisted concurrent engineering Computer aided design and manufacturing Computer aided teaching Intelligent systems Database management systems Web based applications Distributed computing and applications Component based applications Business process reengineering Enterprise resource planning Data security and management Mobile computing Data warehousing and data mining Parallel computing OOP just helps us to load the real world problem into software which can be modified in different ways depending on the needs. Once a code generated for any software can be used again and again to serve other applications with same functions. This helps in saving lots of time for the programmers and also helps in making the program flexible so that it can be easily modified when there is need. I think OOP is not a successful approach to a beginner in programming because programming is not easy until the programmer does not know what objects or classes are. OOP have many advantages but they will work for the programmers having good knowledge in the concepts of programming. Despite all the advantages, a beginner cannot distinguish between the classes, objects or any other things which makes it difficult to understand. So I think a beginner should start with low level programs to learn the basic concepts and then move to OOP. References Buyya, R., Somasundaram, SS. and Chu, X. (2009) Object Oriented Programming with Java: Essentials and Applications. New Delhi, India: McGraw-Hill. Filimon, T. (2007a) Object Oriented Programming [online]. Available from: http://teodorfilimon.com/articles/OOP/Object-Oriented-Programming.htm. [Accessed 14th January 2011]. Filimon, T. (2007b) Object Oriented Programming [online image]. Available from: http://teodorfilimon.com/articles/OOP/Object-Oriented-Programming.htm. [Accessed 14th January 2011]. IBM. (1995a) Introduction: What is Object-Oriented Programming? [online]. Available from: http://www.inf.ufsc.br/poo/smalltalk/ibm/tutorial/oop.html#oop. [Accessed 12th January 2011]. IBM. (1995b) Introduction: What is Object-Oriented Programming? [online image]. Available from: http://www.inf.ufsc.br/poo/smalltalk/ibm/tutorial/oop.html#oop. [Accessed 14th January 2011]. Oracle. (2010a) essentials of the Java Programming Language: A Hands-On Guide part 2 [online]. Available from: http://java.sun.com/developer/onlineTraining/Programming/BasicJava2/oo.html. [Accessed 12th January 2011]. Oracle. (2010b) essentials of the Java Programming Language: A Hands-On Guide part 2 [online]. Available from: http://java.sun.com/developer/onlineTraining/Programming/BasicJava2/oo.html. [Accessed 14th January 2011]. TechTarget. (2008) Object Oriented Programming [online]. Available from: http://searchsoa.techtarget.com/definition/object-oriented-programming. [Accessed 12th January 2011].

cell theory :: essays research papers

Cell Theory   Ã‚  Ã‚  Ã‚  Ã‚  The Cell Theory states that all organisms are composed of similar units of organization, called cells. The concept was formally articulated in 1839 by Schleiden and Schwann and has remained as the foundation of modern biology.   Ã‚  Ã‚  Ã‚  Ã‚  Formulation of the cell theory In 1838 Theodor Schwann and Matthias Schleiden were talking about their studies on cells. It has been suggested that when Schwann heard Schleiden describe plant cells with nuclei, he was stuck by the similarity of these plant cells to cells he had observed in animal tissues. The two published his book on animal and plant cells the next year. Schwann summarized his observations into three conclusions about cells. 1. The cell is the unit of structure, physiology, and organization in living things. 2. The cell retains a dual existence as a distinct entity and building block in the construction of organisms. 3. Cells form by free-cell formation, similar to the formation of crystals.   Ã‚  Ã‚  Ã‚  Ã‚  We know today that the first two tenets are right, but the third is wrong. The cell theory include: 1. All known living things are made up of cells. 2. The cell is structural and functional unit of all living things. 3. All cells come from pre-existing cells by division. 4. Cells contains hereditary information whish is passed from cell to cell during cell division. 5. All cells are basically the same in chemical composition. 6. All energy flow of life occurs within cells.   Ã‚  Ã‚  Ã‚  Ã‚  With any theory, its tenets are based upon previous observations and facts. The cell theory is no different being founded upon the observations of many. For the first 150 years, the cell theory was just a structural idea. This stuctural view whish is found in most text books describes the components of a cell and their fate in cell reproduction.

Social Exchange Theory Essay -- essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Social Exchange Theory 2 Application of: The Social Exchange Theory In everyday interactions people are always looking to have a positive experience among those with whom they interact. According to the Social Exchange theory, with each interaction an individual has with another, that individual attempts to maximize the positive outcomes and minimize the negative. The purpose of this paper is to apply the Social Exchange theory to an authentic real life situation to best illustrate the theory and the key concepts that it holds. In applying the social exchange theory from demonstration, to application, to then explanation, a better understanding in terms of the value of the theory will be shown, as well as the function that it has in everyday life. An episode that best characterizes the Social Exchange theory is one that involves my ex-girlfriend, and myself. We had been having our share of problems when, one day, every argument and disagreement we had culminated into this moment when everything just seemed to explode. She had been angry with me for having left San Diego to attend school in Santa Barbara and I was angry with her for her being angry. I wanted support, and instead, all I received was a guilt trip about how I was never there for her. After five minutes of talking, or rather complaining, we both agreed to disagree. In that instant the two of us had the realization, as many couples do, that it just was not working and the negatives far outweighed the positives. There was no minimizing the negative outcomes because everything had a negative ending. Later, the Social Exchange theory will be   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Social Exchange Theory 3 applied to this episode, but for now it is best to comprehend how the Social Exchange theory works.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   To fully understand the Social Exchange theory is to understand its concept. The Social Exchange theory, as stated by Unger and Johns... ...;  Ã‚  Ã‚  Ã‚  With the use of applying this theory to an episode as a demonstration, an application, and then an explanation, it is easy to see how the Social Exchange theory is related to everyday situations. Not only can the theory be applied to amorous relationships, but to that of friendships. The utility of the theory is seen in just about every type of interaction and is key to better understanding why relationships, friendships, or any mutual interaction, for that matter, turn out being costly or rewarding.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Social Exchange Theory 8 References   Ã‚  Ã‚  Ã‚  Ã‚  Jennifer Unger & C. Anderson Johnson, â€Å"Explaining Exercise Behavior and Satisfaction with Social Exchange Theory,† Perceptual and Motor Skills 81 (1995): 603-608. West, Richard, & Turner, Lynn H. (2000). Introducing Communication Theory: Analysis and Application. Mountain View, CA: Mayfield publishing.   Ã‚  Ã‚  Ã‚  Ã‚   Social Exchange Theory Essay -- essays research papers   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Social Exchange Theory 2 Application of: The Social Exchange Theory In everyday interactions people are always looking to have a positive experience among those with whom they interact. According to the Social Exchange theory, with each interaction an individual has with another, that individual attempts to maximize the positive outcomes and minimize the negative. The purpose of this paper is to apply the Social Exchange theory to an authentic real life situation to best illustrate the theory and the key concepts that it holds. In applying the social exchange theory from demonstration, to application, to then explanation, a better understanding in terms of the value of the theory will be shown, as well as the function that it has in everyday life. An episode that best characterizes the Social Exchange theory is one that involves my ex-girlfriend, and myself. We had been having our share of problems when, one day, every argument and disagreement we had culminated into this moment when everything just seemed to explode. She had been angry with me for having left San Diego to attend school in Santa Barbara and I was angry with her for her being angry. I wanted support, and instead, all I received was a guilt trip about how I was never there for her. After five minutes of talking, or rather complaining, we both agreed to disagree. In that instant the two of us had the realization, as many couples do, that it just was not working and the negatives far outweighed the positives. There was no minimizing the negative outcomes because everything had a negative ending. Later, the Social Exchange theory will be   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Social Exchange Theory 3 applied to this episode, but for now it is best to comprehend how the Social Exchange theory works.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   To fully understand the Social Exchange theory is to understand its concept. The Social Exchange theory, as stated by Unger and Johns... ...;  Ã‚  Ã‚  Ã‚  With the use of applying this theory to an episode as a demonstration, an application, and then an explanation, it is easy to see how the Social Exchange theory is related to everyday situations. Not only can the theory be applied to amorous relationships, but to that of friendships. The utility of the theory is seen in just about every type of interaction and is key to better understanding why relationships, friendships, or any mutual interaction, for that matter, turn out being costly or rewarding.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Social Exchange Theory 8 References   Ã‚  Ã‚  Ã‚  Ã‚  Jennifer Unger & C. Anderson Johnson, â€Å"Explaining Exercise Behavior and Satisfaction with Social Exchange Theory,† Perceptual and Motor Skills 81 (1995): 603-608. West, Richard, & Turner, Lynn H. (2000). Introducing Communication Theory: Analysis and Application. Mountain View, CA: Mayfield publishing.   Ã‚  Ã‚  Ã‚  Ã‚  

I declare that I have wholly undertaken the study reported herein under supervision Essay

The Lord has been faithful in granting me the strength, wisdom, knowledge and the courage needed throughout the period of study. My sincerest appreciation goes to my supervisor, MR. MICHAEL NKONYAA for his guidance and constructive criticism through the preparation of the work. He is largely responsible for the success of this work and I am very much grateful. To my husband Solomon Kweku, to my colleagues in MBA Finance 2012/2013 in whose company I stayed and formed my thoughts I say God richly bless you for the fellowship and love we shared. To the Staff and Management of Growth Capital Microfinance, wish to express my sincere gratitude to you for your support and co-operation. Finally, I wish to thank all authors of various research works and articles I made use of in writing of this work, indeed, your research works and articles have served as major sources of literature and knowledge. ABSTRACT This study examined effects of microfinance on small and medium enterprises in the Accra Metropolis, in the Greater Accra Region. .The population of the study comprised clients and staff of Micro finance Institutions (MIF). A sample of 60 clients and eight staff was used for data collection. Two interview guides were used separately to collect data from staff and clients. The return rate of data collection was 8(100%) for staff and 55(91.7%) for clients. Data collected was analysed manually and electronically. The statistical product and service solution (SPSS) was used for the electronic analysis in which descriptive statistical tools were used for data presentation and discussion. Results of the study indicated that microfinance s impacted positively on the social and economic lives of SMEs operators. The research also indicates that MFIs have had a positive effect on the growth of SMEs. Some of the critical contributions of MFIs include; greater access to credit, savings enhancement and provision of business, financial and managerial training. Irrespective of the contributions of MFIs to SMEs, there are challenges that affect their operations of both SMEs and MFIs. The major challenge faced by SMEs is the cumbersome process associated with accessing credit of which collateral security and high interest rate are major setback. The MFIs on the other hand, face some challenges relating to credit misappropriation and non-disclosure of the relevant facts of their businesses. In the final analysis, the research clearly reveals that MFIs have a positive effect on the growth SMEs. In other to enhance a sustained and accelerated growth in the operations of SMEs credits should be client-oriented and not product- oriented. Recommendations were made to MFIs, Specifically, MFI was asked to put in measures that could help reduce interest rates, train operators of SMEs on proper business practices Proper, extensive monitoring activities should be provided for clients who are granted loans and SMEs were asked to adopt effective bookkeeping modalities.

Human Papilloma Virus in Teens Essay

Teenagers in the United States are becoming sexually active at an earlier age and have more exposure to sexually transmitted diseases. Human Papilloma Virus (HPV) is one of the leading causes of sexually transmitted diseases in the United States (Center for Disease Control, 2012), and the age group with the highest prevalence of HPV are teenagers. With the growing number of teenagers exposed to HPV, the incidence of cervical cancer is increasing in the US. The study of epidemiology focuses on the interventions and preventions available to decrease the prevalence and incidence of HPV, cervical cancer, and genital warts in teenagers. This paper will evaluate the role of epidemiology in HPV by utilizing the epidemiological triangle, methods and types of epidemiology, the population affected, and the levels of prevention in the HPV disease. â€Å"Epidemiology is the study of populations in order to: monitor the health of the population, understand the determinants of health and disease of communities, and investigate and evaluate interventions to prevent disease and maintain health† (Stanhope & Lancaster, 2008). Epidemiology is a science that includes both infectious and chronic diseases and influences clinical medicine and public health through research. Epidemiology focuses on evidence-based practice and the outcomes are utilized to guide a change in practice. The influence of the research is community wide and focuses on the services provided in the community. The purpose of epidemiology is to find the causes of disease, the prevention of morbidity and mortality, and to predict the occurrence of disease in the populations at risk. Nurses use epidemiology as a data tool in designing, implementing, and evaluating the health problems in the community (Stanhope & Lancaster, 2008). Human Papilloma virus is the primary cause of sexually transmitted disease among teenagers and can result in co-morbidity such as cervical cancer and genital warts. Research has indicated that the vaccines available are effective in the prevention of cervical cancer and genital warts caused by HPV. HPV in teens can be affected by lack of education about safe sex practices, and the lack of access to healthcare facilities executing medical screening. Legal consideration involving vaccine administration, in the state of Tennessee, is parental consent. The public health nurse can play a role in the community by advocating and communicating with government officials for the vaccine to be required for entrance into school. Primary, secondary, and tertiary prevention have significant implications towards HPV management, cervical cancer, and genital warts. Prevention of HPV through education, screening, and vaccinations is the most effective technique to decrease the prevalence and incidence cervical cancer, and genital warts in teenagers.