Saturday, August 22, 2020

Ethical and Legal Issues in Health Care free essay sample

Running Head: ETHICAL AND LEGAL ISSUES IN HEALTH CARE Ethical and Legal Issues in Health Care [Writer Name] [Institute Name] ? Moral and Legal Issues in Health Care Pharmacists offer different middle person and crucial administrations in medication. All through the twentieth century and into the twenty-first, their extent of training, obligations and duties have moved significantly, as have the circumstances where drug specialists practice (Pharmacists Defense Association, 2008, p. ). The laws relating to these moving jobs and expanded obligations have neglected to rise in due time (Appelbe, 2002; Appelbe, 2009). In like manner, they fall behind the real world. For instance, drug specialists give care if there should arise an occurrence of crises yet additionally experience the ill effects of absence of legitimate assurance from negligence in such circumstances, face moral moves comparative with apportioning a few types of pharmaceuticals and giving meetings to patients (PDA, 2008, p . 2, 3). All the more critically, maybe, the ascent of huge scope drug stores has on the other hand moved the job of drug specialists in the pharmaceutical area from proprietor to worker (p. We will compose a custom article test on Moral and Legal Issues in Health Care or on the other hand any comparative theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page 3). Despite the fact that this changed the protection troubles for the drug specialists, it has not protected them from common suits (Appelbe, 2009). Or maybe, lawful assurances managed doctors don't have any significant bearing to drug specialists, by and large (PDA, 2008, p. 2-4). This difficulties drug specialists for various reasons particularly since drug specialists wind up in a legitimately minimal spot while giving fundamental consideration. Morals, jobs, and extent of training justifiably at that point surpass the legitimate acknowledgment thereof and the assurances that ought to be managed drug specialists (p. 2-4). While drug specialists effectively interceding inside health related crises and giving consideration as well as pharmaceuticals to patients falls inside the extent of obligation given the morals of the calling and their preparation, these mediations moreover place the drug specialists in a legitimately problematic spot. As showed by the ascent in the pharmacists’ legitimate affiliation, the ascent in suits against drug specialists, ither utilized by huge stores or drug stores as well as sole proprietors have enlightened the defenselessness of their middle person job. All things considered, drug specialists are accused of care and administering prescriptions. They should know the contrasts between equations including the emanant biologics, and â€Å"do no mischief. † Given the options in health related crises, one must ponder whether inability to act is on the other hand carelessness, unfortunate behavior as well as misbehavior, by augmentation. It would more probable reflect carelessness. References Appelbe, F. R. (2002). Law and morals and evolving employments. Pharmcist Defense Association. Recovered from http://www. the-pda. organization/advice_centre/classification. html? ac_id=2. (2009). Lawful experiment influences worker drug specialist. Pharmcist Defense Association. Recovered from http://www. the-pda. organization/advice_centre/articletype. html? at_id=13ad_type=0 Pharmacist Defense Association. (2008 Fall). The dispatch of PDA. Understanding Magazine. Recovered From http://www. the-pda. organization/pdf/knowledge/insight1. pdf

Friday, August 21, 2020

Starbucks Case Analysis Essay Example | Topics and Well Written Essays - 2500 words

Starbucks Case Analysis - Essay Example The object of examination with the end goal of this task is Starbucks, a lively universal association that offers an assortment of items in the market, with its center business being the creation and offer of espresso based items. The company’s items are very shifted and incorporate Frappuccino, twofold shot items, chilled mug espressos, and packaged espressos, frozen yogurts, new prepared espresso, client CDs, and books. The organization has a worldwide market and highlights in nations including China, USA, UK, Europe and Canada. The company’s introductory strategic to be the World’s chief purveyor of best espresso without trading off its center standards. Presently, the company’s mission is to rouse and support the human soul - one individual, one cup, and each area in turn. The company’s vision is to open 300 net new stores locally and globally. The organization deliberately expects to situate itself as the undisputed espresso authority with a wo rldwide nearness. Like each other association, Starbucks has its qualities and shortcomings. The qualities of any association push it toward more prominent achievement while its shortcomings represent a test to its proceeded with progress and presence. Once more, every business association exists in a domain what impacts its exercises either emphatically or contrarily. A qualities, shortcomings, openings and dangers (SWOT) investigation will be applied in dissecting the situation of Starbucks comparative with its rivals and achievement. Qualities Starbucks as an organization has a long history having been established in 1971(Shah and Thompson, nd). The organization has experienced huge development throughout the years building up itself as a favored band across land and regional outskirts. Having been in activity with a past filled with progress and a decent notoriety, the organization will undoubtedly make more progress as it can without much of a stretch catch a more prominent pie ce of the pie. The company’s achievement history has been supervised by a devoted supervisory crew. Under the administration of Howard Schultz, the supervisory group has seen the organization accomplish huge development in different lines of business. Orin Smith, Jim Donald and different chiefs of the organization had an abundance of involvement with their different claims to fame their shortcomings not withstanding. As of now, Howard Schultz remains the CEO of the organization, his commitment and splendid administration and initiative abilities bound to cause the organization to hold its prosperity way. Starbucks endevours to be an incredible spot to work(Shah and Thompson, nd). In this regard, it has taken a few measures to guarantee representative inspiration, fulfillment, and commitment. The company’s workers are proficient about the company’s items and benefits and are allowed to convey their thoughts and sentiments to the executives without the dread of co nfronting backlashes. A portion of the advantages that the company’s representatives appreciate incorporate human services inclusion, chance to claim stock, and great workplaces. Moreover, the representatives are prepared on different angles in regard of the company’s items and administrations. Their commitments to the organization are all around perceived as the organization has an acknowledgment program. The circumstance that the organization is in because of these measures is sound thinking about that spurred and fulfilled workers are never simple to lose. The company’s turnover rate is altogether low which implies that it benefits a great deal regarding high notoriety as a decent boss, offers top notch support because of its exceptionally experienced workforce and endures low recruiting and preparing costs. The organization has a solid and steadfast client base across various nations. The organization will undoubtedly float in progress with such a degree of trust from its immense client base. The organization has founded various measures to guarantee that its clients are served any place they are by opening a few stores in different areas and through its establishments. Starbucks has a solid crucial is guided by rules that are

Tuesday, June 30, 2020

Becoming a Good Counselor Term Paper - 3025 Words

Becoming a Good Counselor (Term Paper Sample) Content: Becoming a Good CounselorNameInstitutionIntroductionCounseling theories and psychotherapies can be used to analyzeÂmyÂpotentials to become a good counselor. The theories identify factors that I can use to evaluate myself. According to Savickas (2011) the theories and psychotherapies include client-centered (Rogerian) counseling, holistic health (Biopsychosocial), strength based counseling, cognitive behavioral therapy, solution focused therapy and lastly the existential approach. To be a capable counselor, there are various qualities that one needs to possess alongside with attitudes that one need to develop. The theories provide values and attitudes that are necessary for effective counseling. To be an effective counselor, I must establish common grounds or build a rapport between the client and me.My Strengths and Potentials to Be Being a Good CounselorOne of my strength as a good counselor is being empathetic. EmpathyÂis definedÂas the intellectual ability to identify thoughts, feelings or state of another person. Empathy helps one to understand the clientà ¢Ã¢â€š ¬s point of view and read his/her emotions (Greason and Cashwell, 2009). According to client-centered theory or Rogerian counseling, empathy is one of the essentialÂaspect that a good counselor need to consider. It is important when I show the client that I understand how it feels to be in similar situation like the clientà ¢Ã¢â€š ¬s. In other words, counselors need to put themselves in the clients placeÂto be effective. I can use words such as "I understand how it feels" to show that I am empathetic with the client.Positive thinking is another strength that makes me a good counselor. According to strength based theory, a counselor needs to focus on what is going to be right in the clientà ¢Ã¢â€š ¬s life. I can useÂpreviousÂand future success to solve the current challenge of the client. I am optimistic, and optimism in every situation helps the c ounselor to ease the situation of the client. Negative thoughts or seeing the impossibilities can only make the situation worse. I strive to reduce the dissonance in clientà ¢Ã¢â€š ¬s minds by not capitalizing on what is negative but focus on what can be right in clientà ¢Ã¢â€š ¬s life. Being solution oriented can makeÂme a good counselor. A good counselor focuses on what the client want to achieve instead of the problem that brought the client to the counselor (Enherenreich, 2009). Solution focused therapy states that one needs to concentrate on the present and the future instead of the past. This potential helps me to make the client envision how the future can be when the challenge is over. I can focus on the solution of the clientà ¢Ã¢â€š ¬s problem and the ways to go about it.I have good communication skills. According to client-centered or Rogerian theory, a counselor is supposed to ensure good communication throughout the counseling process. I emphasizeÂinÂthe appropriate language suitable to the situation that I am confronted with. For example,Âthe language that I use to address an old client is not the same language that will be used to address a teenager. I consider eloquence and simplicity of the language that I use. If a counselor uses the language used by psychologists, the client may not understand and this can lead to misunderstanding (Hay, 2009). I am careful when using non-verbal communication and I try to use it appropriately as it has a great impact on the client. Facial expression should not be misused as the client greatly relies on it. When I donà ¢Ã¢â€š ¬t understand the language used by the client I look for an interpreter. I detect feedback whether verbal or non-verbal. On the other hand, I give feedback either in form of verbal or non-verbalÂto maintain the flow of communication with my client. Good communication helps me to gather information from the clientÂto come up with an effective solution.Accepting attitude towards others makes me an effective counselor. IÂcanÂaccept the situation that the client is in without passing judgments. ItÂcan be hard at times but a counseling relationship built on trust requires it. It makes the client feel accepted and cared for throughout the counseling process regardless of his or her weakness. Accepting attitude is one of the core values in the client-centered theory (Savickas, 2011). For example if the client is a drug addict and has approached me, I need to accept his/her situation without passing judgments that one have been misusing drugs. The client feels wanted and valued by the counselor. Demonstrating a positive acceptance encourages interaction and disclosure. Unconditional positive regard provides room to explore change and provides the client with a sense of acceptance and care.Genuineness makes the clientÂtrust me and relax. Counselors should reveal their personality and credibility so that the clients can trust them (Kolden et al. 2011). Body language such as facial expression, maintained eye contact, personal space and posture encourages the client to trust me. This encourages self-disclosure as the client gains confidence in me. I always ensure that there is a friendly atmosphere through trust that I establish in my client. Active listening is a skill that a good counselor requires (Drollinger, 2009). Apart from it being fundamental for any interpersonal communication, it helps me to concentrate on what the client is saying rather than passively hearing. It is an aspect that forms the basis of client-centered or Rogerian counseling theory. It can be developed or acquired through practice. I demonstrate active listening through verbal or nonverbal messages. I can agree to what the client is saying by saying "yes" or "mmhm" to show that I am following what the client is saying. I can also nod the head or smile to show that I am part of the conversation. This encourages the client to talk and one feels like the counselor iÂinterested to help him/her. Through active listening, I can understand what the client is saying and come up with the required solutions to the challenges that made the client approach me as a counselor.Ability to identify my clientà ¢Ã¢â€š ¬s needs is a skill that contributes to my good counseling. Every person has a wide range of needs which include physical, social, emotional, spiritual, intellectual and vocational needs among others. This is as seen in cognitive behavioral therapy. A good counselor should be able to identify the kind of need that the client has (Savickas, 2011). I consider having basic knowledge on a wide range of fields like career, vocation, education, faith, family life and peer influence among others in order to deal with the specific type of need that the client have. Since the client is concerned with the well-being, I should help him or her meet those needs. This will help the client overcome stress and discomforts in oneà ¢Ã¢â€š ¬s life. As explained by Hay (2009) cognition of the clientà ¢Ã¢â€š ¬s situation makes one a good counselor. This is where the counselor uses words such as "as I thinkà ¢Ã¢â€š ¬Ã‚ , "I feel" and it is well explained in the cognitive behavioral therapy which is also known as ABC method. A is for activating events which is the actual event and how the client interprets that event. B isÂfor beliefs about the event and C is for consequences which is a result of how one feels and what one does. I use a positive language to show cognition in every situation. This creates warmth and the client can feel comfortable while talking to me.My ability to create the client's identity plays an important role in counseling. In this case, I show the client the meaning and the reason of the client being there. The existential therapy which is also known as the meaning therapy suggests that the person who knows the reason of his existenceÂcanÂbear many things (Savickas, 2011 ). For example I can tell the client that the reason of him being there is because I am willing and is ready to listen to his problems and come up with the required solutions. As a counselorÂIÂneed to show the client the importance of his existence. My counseling skills experience adds to my effectiveness as a counselor. By experience I have dealt with many cases and this can help me to analyze and solve the clientà ¢Ã¢â€š ¬s problem. Also experienced counselors have come across different clients and they know the best way to handle them. They know the limitations of counseling and they do their comparison with different situations that they have encountered.Weaknesses and limitations that block me from becoming a good counselorTo begin with, my weakness being upset and angry hinders me from being a good counselor. Sometimes I am faced with situations which are upsetting. On the other hand the client needs me to solve problems and I cannot solve those problems effectively when I am angry. As indicated by Perry et al. (2014), if the counselor cannot control his or her temper it may block one from becoming a good counselor. For example if I am dealing with a child who has been neglected I may get upset especially if the similar situation has ever happened to me. Being angry does not help me and as a counselor I need to control the temper. It only makes the situation worse. Solution focused therapy states that one needs to focus on the present and the future rather than the past. The client needs a good atmosphere where there is peace to disclose oneà ¢Ã¢â€š ¬s problems but when the counselor gets upset the atmosphere becomes uncomfortable.Transference is another aspect that affects my effectiveness as the counselor. Transference refers to the feelings or negative memories from the past that the client projects to the counselor (Carroll and Onken, 2014). Tran... Becoming a Good Counselor Term Paper - 3025 Words Becoming a Good Counselor (Term Paper Sample) Content: Becoming a Good CounselorNameInstitutionIntroductionCounseling theories and psychotherapies can be used to analyzeÂmyÂpotentials to become a good counselor. The theories identify factors that I can use to evaluate myself. According to Savickas (2011) the theories and psychotherapies include client-centered (Rogerian) counseling, holistic health (Biopsychosocial), strength based counseling, cognitive behavioral therapy, solution focused therapy and lastly the existential approach. To be a capable counselor, there are various qualities that one needs to possess alongside with attitudes that one need to develop. The theories provide values and attitudes that are necessary for effective counseling. To be an effective counselor, I must establish common grounds or build a rapport between the client and me.My Strengths and Potentials to Be Being a Good CounselorOne of my strength as a good counselor is being empathetic. EmpathyÂis definedÂas the intellectual ability to identify thoughts, feelings or state of another person. Empathy helps one to understand the clientà ¢Ã¢â€š ¬s point of view and read his/her emotions (Greason and Cashwell, 2009). According to client-centered theory or Rogerian counseling, empathy is one of the essentialÂaspect that a good counselor need to consider. It is important when I show the client that I understand how it feels to be in similar situation like the clientà ¢Ã¢â€š ¬s. In other words, counselors need to put themselves in the clients placeÂto be effective. I can use words such as "I understand how it feels" to show that I am empathetic with the client.Positive thinking is another strength that makes me a good counselor. According to strength based theory, a counselor needs to focus on what is going to be right in the clientà ¢Ã¢â€š ¬s life. I can useÂpreviousÂand future success to solve the current challenge of the client. I am optimistic, and optimism in every situation helps the c ounselor to ease the situation of the client. Negative thoughts or seeing the impossibilities can only make the situation worse. I strive to reduce the dissonance in clientà ¢Ã¢â€š ¬s minds by not capitalizing on what is negative but focus on what can be right in clientà ¢Ã¢â€š ¬s life. Being solution oriented can makeÂme a good counselor. A good counselor focuses on what the client want to achieve instead of the problem that brought the client to the counselor (Enherenreich, 2009). Solution focused therapy states that one needs to concentrate on the present and the future instead of the past. This potential helps me to make the client envision how the future can be when the challenge is over. I can focus on the solution of the clientà ¢Ã¢â€š ¬s problem and the ways to go about it.I have good communication skills. According to client-centered or Rogerian theory, a counselor is supposed to ensure good communication throughout the counseling process. I emphasizeÂinÂthe appropriate language suitable to the situation that I am confronted with. For example,Âthe language that I use to address an old client is not the same language that will be used to address a teenager. I consider eloquence and simplicity of the language that I use. If a counselor uses the language used by psychologists, the client may not understand and this can lead to misunderstanding (Hay, 2009). I am careful when using non-verbal communication and I try to use it appropriately as it has a great impact on the client. Facial expression should not be misused as the client greatly relies on it. When I donà ¢Ã¢â€š ¬t understand the language used by the client I look for an interpreter. I detect feedback whether verbal or non-verbal. On the other hand, I give feedback either in form of verbal or non-verbalÂto maintain the flow of communication with my client. Good communication helps me to gather information from the clientÂto come up with an effective solution.Accepting attitude towards others makes me an effective counselor. IÂcanÂaccept the situation that the client is in without passing judgments. ItÂcan be hard at times but a counseling relationship built on trust requires it. It makes the client feel accepted and cared for throughout the counseling process regardless of his or her weakness. Accepting attitude is one of the core values in the client-centered theory (Savickas, 2011). For example if the client is a drug addict and has approached me, I need to accept his/her situation without passing judgments that one have been misusing drugs. The client feels wanted and valued by the counselor. Demonstrating a positive acceptance encourages interaction and disclosure. Unconditional positive regard provides room to explore change and provides the client with a sense of acceptance and care.Genuineness makes the clientÂtrust me and relax. Counselors should reveal their personality and credibility so that the clients can trust them (Kolden et al. 2011). Body language such as facial expression, maintained eye contact, personal space and posture encourages the client to trust me. This encourages self-disclosure as the client gains confidence in me. I always ensure that there is a friendly atmosphere through trust that I establish in my client. Active listening is a skill that a good counselor requires (Drollinger, 2009). Apart from it being fundamental for any interpersonal communication, it helps me to concentrate on what the client is saying rather than passively hearing. It is an aspect that forms the basis of client-centered or Rogerian counseling theory. It can be developed or acquired through practice. I demonstrate active listening through verbal or nonverbal messages. I can agree to what the client is saying by saying "yes" or "mmhm" to show that I am following what the client is saying. I can also nod the head or smile to show that I am part of the conversation. This encourages the client to talk and one feels like the counselor iÂinterested to help him/her. Through active listening, I can understand what the client is saying and come up with the required solutions to the challenges that made the client approach me as a counselor.Ability to identify my clientà ¢Ã¢â€š ¬s needs is a skill that contributes to my good counseling. Every person has a wide range of needs which include physical, social, emotional, spiritual, intellectual and vocational needs among others. This is as seen in cognitive behavioral therapy. A good counselor should be able to identify the kind of need that the client has (Savickas, 2011). I consider having basic knowledge on a wide range of fields like career, vocation, education, faith, family life and peer influence among others in order to deal with the specific type of need that the client have. Since the client is concerned with the well-being, I should help him or her meet those needs. This will help the client overcome stress and discomforts in oneà ¢Ã¢â€š ¬s life. As explained by Hay (2009) cognition of the clientà ¢Ã¢â€š ¬s situation makes one a good counselor. This is where the counselor uses words such as "as I thinkà ¢Ã¢â€š ¬Ã‚ , "I feel" and it is well explained in the cognitive behavioral therapy which is also known as ABC method. A is for activating events which is the actual event and how the client interprets that event. B isÂfor beliefs about the event and C is for consequences which is a result of how one feels and what one does. I use a positive language to show cognition in every situation. This creates warmth and the client can feel comfortable while talking to me.My ability to create the client's identity plays an important role in counseling. In this case, I show the client the meaning and the reason of the client being there. The existential therapy which is also known as the meaning therapy suggests that the person who knows the reason of his existenceÂcanÂbear many things (Savickas, 2011 ). For example I can tell the client that the reason of him being there is because I am willing and is ready to listen to his problems and come up with the required solutions. As a counselorÂIÂneed to show the client the importance of his existence. My counseling skills experience adds to my effectiveness as a counselor. By experience I have dealt with many cases and this can help me to analyze and solve the clientà ¢Ã¢â€š ¬s problem. Also experienced counselors have come across different clients and they know the best way to handle them. They know the limitations of counseling and they do their comparison with different situations that they have encountered.Weaknesses and limitations that block me from becoming a good counselorTo begin with, my weakness being upset and angry hinders me from being a good counselor. Sometimes I am faced with situations which are upsetting. On the other hand the client needs me to solve problems and I cannot solve those problems effectively when I am angry. As indicated by Perry et al. (2014), if the counselor cannot control his or her temper it may block one from becoming a good counselor. For example if I am dealing with a child who has been neglected I may get upset especially if the similar situation has ever happened to me. Being angry does not help me and as a counselor I need to control the temper. It only makes the situation worse. Solution focused therapy states that one needs to focus on the present and the future rather than the past. The client needs a good atmosphere where there is peace to disclose oneà ¢Ã¢â€š ¬s problems but when the counselor gets upset the atmosphere becomes uncomfortable.Transference is another aspect that affects my effectiveness as the counselor. Transference refers to the feelings or negative memories from the past that the client projects to the counselor (Carroll and Onken, 2014). Tran...

Wednesday, May 6, 2020

Federal Court Of Australia And Sale Of Securities Essay

4. Arguments: Some of the most relevant arguments presented by the plaintiff and defendants for this case are highlighted below. The arguments specifically form a basis for the laws presented in the previous section. 4.1 Astra Nominees make offer of securities The plaintiff had alleged that the second defendant contemplated section 727 for the sale of securities and did not disclose this to the investors. ASIC also mentioned that Astra Nominees was in a position to sell the shares it had if the offers were accepted. This was completely obligatory with regards to the share subscription agreements between ASIC and Astra Nominees (Federal Court of Australia, 2015). 4.2 Disclosure under Part 6D.2 The defendants pleaded guilty on the fact that they exemptions were application under section 708 and hence disclosure under part 6D.2 was not necessary. ASIC on the other hand argued that when the Astra defendants were represented, there was documents provided to impose the claims made by them regarding the s708 exemption. However, these documents were not sufficient to claim that a financial licensee was appointed which did their task well (Commonwealth Consolidated Acts). 4.3 Small Scale Offerings Furthermore, Astra defendants also pleased ASIC submitted that the Astra defendants’ pleaded based on the act of section 708(5)(b) which states exemptions of disclosure in regards to small scale offerings. From the previous sections above, it is clearly evident that the offers made toShow MoreRelatedCommon Law and National Consumer Law1567 Words   |  7 Pagesthose persons specified by the court. e. It follows the common law, it will not override it. f. It acts only against the individual (i.e. in the personam), not property. 3. What are the main differences between the common law and statute law? 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Coopetition Strategy Market Performance †MyAssignmenthelp.com

Question: Discuss about the Coopetition Strategy Market Performance. Answer: Introduction Quality Function Deployment (QFD) includes two major processes i.e. analyzing what will satisfy the needs and wants of customers and converting those needs into targeted design. House of quality is a diagrammatic tool for explaining the relationship between desires of customers and product capabilities. It is a map which offers the means for inter-functional communication and planning of customer needs and technical responses. It is a major component of Quality Function Deployment (QFD) and its uses a planning matrix to related what the people wants to how a company is going to fulfill those requirements (Ross, 2017). Each and every organization develops House of Quality to provide the products and services with superior quality. The product that is taken into consideration for the discussion is mobile phone. To create the house of quality, fundamental seven steps are executed by every organization. These steps are given below: It is the most important step in the process of building house of quality diagram for any product or service of company. First, the company will analyze the needs and demands of customers towards its products (Ross, 2017). The rating will be given to all the customer needs according to the response of customers towards products. There are some primary features which any customer desires in a mobile phone. These features are given below: Customer needs Importance ratings Reasonable and affordable prices 7 Battery Longevity 8 Multiple specifications from a single handset 6 Attractive design 5 Less Vulnerable body 2 After sales service 3 Superior quality 4 Innovative features 1 The table shows that battery longevity is the first feature that customers demand in their mobile phone. If the longevity of mobile phone will be better than it will have more demand (Dale, 2015). It is the most important and highest rated desire among customers. After that, people consider the pricing of mobile phones. They prefer to purchase the mobile phone with better longevity and affordable prices. The above table shows the desires and their importance rating according to the customers (Wilder, Collier, Barnes, 2014). Identify how product will satisfy the customer needs At this step, the manager of company needs to reflect the desires and demands of customers into their companys mobile phones. The mobile phone will be able to offer various excellent features to the customers (Franceschini, 2016). The needs of customers will be satisfied focusing on below points: Incorporating innovation in mobile phones Updated technology services and benefits Low cost labour Technological and technical assistance Training and development for employees Installation of less vulnerable components on mobile phones Looking at the increased awareness among people, company will use different innovative specifications in its mobile phones. To offer the mobile phones on affordable prices, it will reduce the labor cost and other relative costs. The companies provide effective training and development to the staff so that they can install innovative and updated technology in mobile phones. Identify relationship between firms hows In this step, the mobile phone provider will develop the relationship matrix between their hows. There may be some cases in which hows are related to each other. The below-given diagram shows the relationship between different hows of mobile phone product. White circle shows the low relationship, pink shows medium relationship and blue circle is for indicating high relationship (Desai, Kartikeyan Panchal, 2016). The relationship among all the wants and hows is indicated in the below table: This step of house of quality diagram is longer and very difficult. After drawing the relationship matrix between customer wants and hows, firm determines the importance ratings for mobile phone offerings (Stber, 2017). The importance ratings for mobile phones are determined in the below table: Attributes Importance Ratings Incorporating innovation in mobile phones 5*3+1*1 16 Updated technology services and benefits 6*2+4*2+1*2 22 Low cost labour 7*3+2*1 23 Technological and technical assistance 8*2+6*3+4*3+1*1+1*2 51 Training and development for employees 3*3 9 Installation of less vulnerable components on mobile phones 8*3+4*2+2*3 38 Evaluate competing products After that, the company will compare its features with the products of competing brands. For this, Nokia and Samsung are taken as examples. These two are the major players in international mobile phone industry. In this step, the firm will compare their mobile phone with others to get a more details about the mobile phone (Le Roy Sanou, 2014). The competitors will be compared on the basis of the needs and wants of customers towards mobile phones. In this process, Nokia and Samsung will be rated as good (G), fair (F) and poor (P). These competitors will be compared on the basis of different technical attributes. Customer needs Nokia Samsung Reasonable and affordable prices Fair Poor Battery Longevity Good Fair Multiple specifications from a single handset Fair Good Attractive design Fair Good Less Vulnerable body Good Good After sales service Good Fair Superior quality Good Good Innovative features Fair Fair Determine the technical attributes Technical attributes play an important role in the house of quality of mobile phones. Mobile phones are totally based on the updated technologies and innovation. In this step, the performance of a company and performance of competitors are determined and compared with one another. It will determine the customer wants and companys hows towards the production mobile phones. In this way, the company will determine its technical attributes and check its performance with respect to the products of competitors (Dawar Kothari, 2015). House of quality is an important part of the QFD process which uses a matrix to relate the needs and wants of customers to the how it will satisfy those needs of customers (Mart Bigorra, Isaksson, 2017). It looks like a house to which customer wants and features of products frame a major part and competitive analysis as its doorw1ay. After completing the above steps, the final house of quality for mobile phone is stated below: The companies can apply the quality function deployment to acquire more and more customers towards mobile phones. The above house of quality provides the idea that what needs and demands of customers will be satisfied by the organization. This matrix can assist in identifying the strengths and weaknesses (Cerit, Kucukyazici Kalem, 2014). By enhancing the weaknesses, the competitiveness of products and services can be improved. The mobile phone of a company is compared with two major mobile phone providers i.e. Nokia and Samsung. The ratings are given to all the players on the basis of different variables like better longevity, after sale service, attractive design etc. Conclusion From the above analysis, it can be concluded that House of Quality is an important tool for any organization that adopts total quality management process to enhance the quality of its products and operations. Quality Function Deployment converts the requirements of customers into technical descriptors. Needs of customers are also known as voice of customers. The above report includes the house of quality for mobile phone. In todays modern world, mobile phone is the basis need for all the people. So company needs to develop its products and their features considering the needs and demands of targeted customers. The above analysis concludes the people always seek for innovative and quality mobile phones at affordable prices. These are the major factors which mobile manufacturer needs to consider while developing products. The matrix of house of quality gives the details about the customer needs, descriptors, relationship between different variables, targeted value etc. It indicates the competitive analysis between current product and competitors product. References Cerit, B., Kucukyazici, G. Kalem, G. (2014). Quality Function Deployment and Its Application on a Smartphone Design. Balkan Journal Of Electrical Computer Engineering, 2 (2), 86-91. Dale, B. (2015).Total quality management. John Wiley Sons, Ltd. Dawar, S., Kothari, A. K. (2015). Impact of Technological Innovation on Marketing Mix of Mobile Phone Industry: A Systematic Review.Asian Journal of Research in Marketing,4(4), 42-56. Desai, Y., Kartikeyan, B., Panchal, N. (2016). Hows of quality for remote sensing data user-A house of quality approach.International Journal of Geomatics and Geosciences,6(3), 1708-1723. Franceschini, F. (2016).Advanced quality function deployment. CRC Press. Le Roy, F., Sanou, F. H. (2014). Does coopetition strategy improve market performance? An empirical study in mobile phone industry.Journal of Economics Management,17, 63. Mart Bigorra, A., Isaksson, O. (2017). Combining customer needs and the customers way of using the product to set customer-focused targets in the House of Quality.International Journal of Production Research,55(8), 2320-2335. Ross, J. E. (2017).Total quality management: Text, cases, and readings. UK: Routledge. Stber, G. L. (2017).Principles of mobile communication(Vol. 3). Springer. Wilder, K. M., Collier, J. E., Barnes, D. C. (2014). Tailoring to customers needs: Understanding how to promote an adaptive service experience with frontline employees.Journal of Service Research,17(4), 446-459.

Tuesday, April 21, 2020

Oil And Gas How Both Affect The Economy Essays - Economy, Economics

Oil And Gas: How Both Affect The Economy The economy is affected by many factors that determine if it is strong or weak. These factors have to do with buyers consuming goods and services and at what rate they do this. Do the goods and services that are consumed by people created wealth, jobs and a better overall economy for a country. Throughout history some economies have evolved faster and stronger than others. Policies that the government places on industry, technology and the environment can all affect the prosperity of an economy. Of the factors that affect economic growth the industry of Oil and gas is one that holds a stronghold in the world's and America's economy today. When evaluating the economic growth factor of economy and specifically oil and gas on must consider the following questions: ? What relationship does the factor have with the whole economy? ? How does this factor affect economic growth ? Is the factor a cause or effect of economic growth? ? what would the economy be like if there were significant problems with this factor? ? What relation does a central bank have to this factor? I will answer each of these questions in respect to how economy is affected by oil and gas. The economy in the United States today is greatly affected by oil and gas. When there are large reserves and an increase of active drills in respect to oil, the economy seems to receive a boost. This is because prices for such things like gas and oil fall and people are able to consume more gas at a lower price. There is more supply and prices fall, therefore people save money on gas and can consume other items in the economy. People working in these industries have more job openings and more jobs filled, therefore creating a lower unemployment rate and a higher national per capita income. The need for substitutes are not there so, consumers will consume oil and gas at a growing rate. Since, people use oil and gas for so many different things like heating there homes, driving their cars, and a variety of other sources, the overall GNP for the consumer will rise. Economic growth is affected through significant fluctuations in inflation of oil and gas. If you look throughout history when there have been fluctuations in gas and oil prices you have vast fluctuations in the economy of our country. The instability of this factor has cause government regulation to come into play in times of crisis. For example during the mid-seventies we had the oil and gas shortage due to the Middle East cutting off supply to Importers of their oil. By doing this, they caused a shortage in a lot of countries creating rising oil prices and high demand. Consumers could not rely on the oil prices to be stable, therefore they consumed less of other products due to the inflation of gas prices and more of their dollar began to be spent on gas. Americans particularly started to come up with more efficient means of using and consuming gas over the past 25 years. Oil and gas is a resource that can be used up if not conserved properly. That is why OPEC was formed, as well a s organizations such as NAFTA to help regulate trade of these commodities and bring organization to a disorganized status. In addition, governments like the United States impose taxes on gas to regulated the prices in order to ward off against supplies of oil affecting the nations economy. This only works to an extent, in the early to mid-eighties one state's economy lived and died by the supply of oil. That state was Texas. When Texas's oil rigs began to dry up, their economy went into a recession. Their reliance on the oil supply as their main revenue producer caused a lot of people to lose their jobs and demand and consumption for other products fell as well. This caused a spiraling effect which caused people from all industries to lose their jobs. Texas's economy suffered and so did parts of the American economy with High inflation and high debt which caused the economy to suffer. Increased regulation and diversification of a country's

Monday, March 16, 2020

foreign policy essays

foreign policy essays Australia was a good friend to the Indonesian independence movement in the years after World War 2, but Australia stood silently by as Dutch New Guinea was given to Indonesia. Again, Australia stood on the sidelines when Indonesian soldiers killed Australian journalists in Balibo, invaded East Timor and annexed the territory in 1975. [Review, November, 1995] Australias indecisiveness in matters of foreign policy has significantly affected the make up of the regions political structures. Bipartisan political inactivity in Australia, prevalent during the quiet time 1955-1965 compounded earlier decisions of foreign policy made in the highly active post WW2 period. Throughout and after the Second World War, Australia was an avid supporter of the Indonesian separatist or independence movement seeking self-determination from the colonial Dutch government. Indonesia had been in a state of hostility and fear for decades. The few enraged independence rebels, regular feeble attempts at revolution were put down harshly and without question by the Dutch Colonial Forces. Australias political arrogance in providing illicit support for the rebels, yet having a head in the sand attitude to subsequent results of their actions contributed immensely to the Indonesia problems of today. ...

Friday, February 28, 2020

Branding britian Research Paper Example | Topics and Well Written Essays - 500 words

Branding britian - Research Paper Example The IMC dimensions in the video advert on Great Britain include the voice, the interactions as well as the lucrative nature of the long term relationships formed. Also included is the exploration of the highlight using the IMC Development theoretical model. This involves looking at the orientation of the brand, the promotion, the end results of the brand, as well as the financial end results (Moriarty, 2012). For instance, our report talks about the sounds of Britain that have been known to define the tourism sector greatly. Such include the ticking of the clock, the mixing of tea and coffee, the passing of trains and cars, ringing of bells and cheering of games by fans. Using one voice means bringing together the marketing objectives with only the intention of directing the audience towards the objective of the promotion. According to (Moriarty, 2012), having one voice is very crucial, and it means that the communication instruments used have been able to convey clear ideas to its audience. The written texts displayed coincide with the pictures provided. The graphics, for instance, at the beginning of the video whereby there is a display of the Great Britain airports with visitors checking in balances with the simultaneous written message about the increase in visitor spending. This is seen during the first 20 seconds into the video, in which there is a narration of a story of a boy who travelled to a faraway place, but there is no link provided between this and the overall marketing objective. This is the same for the mention of the land rover defender, halfway into the video without mention of its relevance. On the other hand, having the intervie ws towards the end of the video has successfully avoided overloading the audience with information. Interactivity improves communication as part of marketing by making it possible for the audience

Wednesday, February 12, 2020

Almanac Essay Example | Topics and Well Written Essays - 1750 words

Almanac - Essay Example I adore this time of year. Anyway past that, this is likewise a decent time to investigate The Old Farmers Almanac 2015 climate forecasts, and see what Mother Nature may have in store for us. For the winter climate forecasts in 2014-2015, The Old Farmers Almanac focuses to Solar Cycle 24 – which started in 2008 – and predicts temperatures in the following year to be colder than ordinary amid winter, and hotter than typical amid summer. This winter, the focal and eastern United States will see colder than ordinary temperatures, while the western 33% of the nation will encounter above normal temps. Concerning snow, the focal piece of the nation starting from the dakotas to Texas and afterward east through Georgia and South Carolina can expect icy and dry, while the Corn Belt locale will encounter the cool with heavier snowfall. All in all, The Old Farmers Almanac predicts overwhelming snowfall for the upper east piece of the nation, albeit there are additionally parts of New England – western Massachusetts, southern Vermont, New Hampshire and the greater part of Maine – that will be dryer than ordinary. Florida will probably get more precipitati on than typical this winter. Out west, people can expect gentle temperatures and underneath normal snowfall pretty much, in spite of the fact that the western piece of New Mexico down into the western-most parts of Texas could see icy, frigid conditions. Expect above normal temperatures or more normal precipitation in the vast majority of Washington State. Amid summer, we could be in for a hot, dry one here amidst the nation. Expect hot all through the nation, the main two special cases being in the southwest and in the mid-Atlantic states, where in both areas they are anticipating ordinary temperatures. Taking a gander at the guide of The Old Farmers Almanac climate forecasts for summer 2015, it is hard not to

Friday, January 31, 2020

Church History Essay Example | Topics and Well Written Essays - 2500 words

Church History - Essay Example Moreover, many of the religions followers were being converted to Finney's theological teachings.3 As Charles Finney's following grew in numbers, so did the criticism he received from those who felt as if Finney was threading and invading their own territories.4 As it has been mentioned, Finney's lectures were broken down by his staunchest opponents. Every single detail of his teachings was analyzed to reveal anything that they might be able to use against him. The following discussion will focus on Finney's thoughts and how these differed from the traditional teachings of the Church. Furthermore, the reactions of various groups and individuals to Charles Finney's lectures will likewise be included in the discussion. The primary objective in undertaking such analyses is to reveal the rationale behind the Finney's castigation. Finney asserts that the need for a revival comes from the assumption that the church is in a, "backslidden state."5 Furthermore, Finney believes that a revival is the rise of the church from its backsliding. This should happen together with the conversion of sinners.6 Finney believes that revival is but merely the commencement of the people's new obedience to God. He furthers this by saying, A revival according to Finney is the renewal of the Ch... g from the backslidden state where members of the church were blind to the state of sinners.8 In this backslidden state, Christians do not see the reality of the truth embedded in the scriptures. Although it may seem as if they admit to such truth, and that, "their conscience and judgment assent to it," the faith of Christians does not see such truth as it stands out in reality.9 Furthermore, Finney believes that, A revival breaks the power of the world and of sin over Christians. It brings them to such a vantage ground that they get a fresh impulse towards heaven. They have a foretaste of heaven, and new desire after union with God; and the charm of the world is broken, and the power of sin overcome. 10 In all of Finney's thoughts regarding revival, one element stands out. Finney's concept of revival is not one that is a gift from heaven. Finney did not believe that a revival is a product of a miracle and that the church needs not to do anything but accept such gift from God. This is what one may deduce from Finney's statements on the origin of a revival, "A revival is not a miracle, nor dependant on a miracle, in any sense. It is a purely philosophical result of the right use of the constituted means."11 This statement clearly explains Finney's concept of a revival. For Finney, the revival is the product of human effort.12 He believes that Christians have the capability to initiate a revival. Miller states Finney's view of spiritual reformation was that of a self-reformation rather than a divine reformation.13 He did not believe that a miracle or a gift from God is needed in order for any miracle to begin. Finney's view of revival was pragmatic just as his view of the universe was. According to Horton, The American pragmatic impulse that produced both Finney and

Thursday, January 23, 2020

Strategic Analysis of Ryanair Essay -- European Carriers Business Airl

1 INTRODUCTION The aim of this report is to carry out a strategic analysis of Ryanair. This will involve investigating the organisation’s external environment, to identify opportunities and threats it might face, and its strategic capability, to isolate key strengths and any weaknesses that need dealing with. Finally, a SWOT analysis will be carried out to assess the extent to which Ryanair’s strategies are suitable to what is happening in its task environment. Ryanair is Europe’s largest low-fares, no-frills short-haul carrier. The organisation was founded in 1985 as a conventional airline but re-launched itself in 1990/1991 as a low-cost carrier, replicating American Southwest Airlines’ business model. Since then Ryanair has grown substantially and successfully. The company currently has 146 routes to 84 destinations in 16 countries, and carries more than 15 million customers annually. Ryanair aims to be Europe’s largest airline in 8 years (www.ryanair.com). 2 ANALYSIS OF THE EXTERNAL ENVIRONMENT This is a crucial part of a strategic analysis because ‘†¦organisations do not exist in a vacuum, they are part of a complex world’ (Bowman 1987:61) and many factors can influence operations, beneficially and unfavourably. However, these can be difficult to comprehend due to their complexity, diversity and fast changing nature. Necessarily a number of techniques have been developed to facilitate the process and to ‘†¦contribute to answering the key managerial question†¦Ã¢â‚¬â„¢of what ‘†¦opportunities and threats might arise in the future’ (Johnson & Scholes 2002:99). 2.1 PESTEL analysis This identifies the main micro-environmental influences by classifying them into six groups: Political, Economical, Sociocultural, Technological, Environmental and Legal. By applying this framework to Ryanair it is possible to summarise the key forces in the general environment (see appendix A) likely to present opportunities and threats to the organisation (Johnson & Scholes 2002). Political  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬ËœSaturday May 1 will mark one of the most important days in recent European history’ (http://europa.eu.int). The continent will see the biggest expansion of EU to date when ten states become new members. For Ryanair new markets will open which suits its growth plans (www.ryanair.com).  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Stansted airport, owned by BAA, is one of the most rapidly growing airports i... ...al Times Gow, D. (16/02/04)’Ryanair plans zero frills and fares’, The Guardian Hotten, R. (13/03/04) ‘No-frills deal has impact on bmi’, The Times Insley, J. (18/01/04) ‘Happy New Year for second homes’, The Observer Insley, J. (08/02/04) ‘You can make it if you try’, The Observer Newman, C. (03/12/03) ‘Travellers face big rise in air passenger levy’, The Financial Times Pratley, N. (05/02/04) ‘Clipped Wings’, The Guardian Tait, N. (03/12/03) ‘Ryanair in court over wheelchair fee’, The Financial Times Tran, M. (03/02/04) ‘Ryanair’s airport subsidies’, The Guardian Wright, R. (01/12/03) ‘BA threat to sue if Stanstead gets runway’, The Financial Times PESTEL ANALYSIS   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‚  APPENDIX A Political  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The expansion of the European Union (EU) ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  BAA’s proposed Stanstead expansion ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  CAA’s new regulations on airport charges Economical ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  High oil prices Sociocultural ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Increasing second-home ownership ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Europe’s increasingly ageing population  Ã‚  Ã‚  Ã‚  Ã‚   Technological ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  New satellite technology Environmental ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The Global emissions-trading scheme Legal  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The European Court of Justice ruling Strategic Analysis of Ryanair Essay -- European Carriers Business Airl 1 INTRODUCTION The aim of this report is to carry out a strategic analysis of Ryanair. This will involve investigating the organisation’s external environment, to identify opportunities and threats it might face, and its strategic capability, to isolate key strengths and any weaknesses that need dealing with. Finally, a SWOT analysis will be carried out to assess the extent to which Ryanair’s strategies are suitable to what is happening in its task environment. Ryanair is Europe’s largest low-fares, no-frills short-haul carrier. The organisation was founded in 1985 as a conventional airline but re-launched itself in 1990/1991 as a low-cost carrier, replicating American Southwest Airlines’ business model. Since then Ryanair has grown substantially and successfully. The company currently has 146 routes to 84 destinations in 16 countries, and carries more than 15 million customers annually. Ryanair aims to be Europe’s largest airline in 8 years (www.ryanair.com). 2 ANALYSIS OF THE EXTERNAL ENVIRONMENT This is a crucial part of a strategic analysis because ‘†¦organisations do not exist in a vacuum, they are part of a complex world’ (Bowman 1987:61) and many factors can influence operations, beneficially and unfavourably. However, these can be difficult to comprehend due to their complexity, diversity and fast changing nature. Necessarily a number of techniques have been developed to facilitate the process and to ‘†¦contribute to answering the key managerial question†¦Ã¢â‚¬â„¢of what ‘†¦opportunities and threats might arise in the future’ (Johnson & Scholes 2002:99). 2.1 PESTEL analysis This identifies the main micro-environmental influences by classifying them into six groups: Political, Economical, Sociocultural, Technological, Environmental and Legal. By applying this framework to Ryanair it is possible to summarise the key forces in the general environment (see appendix A) likely to present opportunities and threats to the organisation (Johnson & Scholes 2002). Political  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬ËœSaturday May 1 will mark one of the most important days in recent European history’ (http://europa.eu.int). The continent will see the biggest expansion of EU to date when ten states become new members. For Ryanair new markets will open which suits its growth plans (www.ryanair.com).  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Stansted airport, owned by BAA, is one of the most rapidly growing airports i... ...al Times Gow, D. (16/02/04)’Ryanair plans zero frills and fares’, The Guardian Hotten, R. (13/03/04) ‘No-frills deal has impact on bmi’, The Times Insley, J. (18/01/04) ‘Happy New Year for second homes’, The Observer Insley, J. (08/02/04) ‘You can make it if you try’, The Observer Newman, C. (03/12/03) ‘Travellers face big rise in air passenger levy’, The Financial Times Pratley, N. (05/02/04) ‘Clipped Wings’, The Guardian Tait, N. (03/12/03) ‘Ryanair in court over wheelchair fee’, The Financial Times Tran, M. (03/02/04) ‘Ryanair’s airport subsidies’, The Guardian Wright, R. (01/12/03) ‘BA threat to sue if Stanstead gets runway’, The Financial Times PESTEL ANALYSIS   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‚  APPENDIX A Political  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The expansion of the European Union (EU) ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  BAA’s proposed Stanstead expansion ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  CAA’s new regulations on airport charges Economical ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  High oil prices Sociocultural ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Increasing second-home ownership ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Europe’s increasingly ageing population  Ã‚  Ã‚  Ã‚  Ã‚   Technological ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  New satellite technology Environmental ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The Global emissions-trading scheme Legal  ·Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The European Court of Justice ruling

Wednesday, January 15, 2020

Review of Chart of Accounts †Philippines Essay

Review of Chart of Accounts – Philippines Questions and Suggested Answers 1. In China GAAP, the bonds or stocks purchased are categorized as â€Å"Held-for-trading† or â€Å"Available for sale† or â€Å"Long term investment†, based on the purpose of purchase. Does Philippine GAAP have similar categorization? Philippine client want to separate the marketable securities to current or non-current, it means short or long term, right? Answer: The Philippine Financial Reporting Standards (PFRS) [based from International Financial Reporting Standards (IFRS)] classifies â€Å"Investment in Bonds† and â€Å"Investments in Stocks† as financial assets. For this purpose, investments in bonds or stocks are classified as: ? Trading securities (debt or equity securities) o o ? ? â€Å"Financial assets at fair value through profit or loss† by requirement â€Å"Financial assets at fair value through profit or loss† by designation Available-for-sale securities (debt or equity securities) Held-to-maturity securities (debt securities only) These investments are classified as either current (short-tem) or noncurrent (long-term) assets. The account name â€Å"Long-term investment† is not among the financial assets classification in PFRS. Current investments are investments that are by their very nature are readily realizable and are intended to be held for not more than one year. Debt Trading securities Available-forsale v v Equity v v Current v Noncurrent Current or Noncurrent v – Maybe classified as current or noncurrent depending on whether they are intended to be held within one year or for more than one year v Held-tomaturity v 2 For instance, trading securities are normally classified as current assets because these investments are expected to be realized within twelve (12) of the balance sheet date. Noncurrent financial assets are investments other than current investments. This residual definition means that the noncurrent investments are intended to be held for more than one year or are not expected to be realized within twelve months after the end of the reporting period. Trading Securities or Held-for-trading Securities The first category of financial assets under PAS 39 is called â€Å"financial assets at fair value through profit or loss†. This category includes two types of financial assets, they are: A. Financial assets that are held for trading or popularly known as â€Å"trading securities