Smart Phones Use Versus Face With Face Interaction

Smart Phone use versus Face-to-Face Interaction Justin Trapani Adelphi University Abstract: My proposed research study seeks to examine the rationale of smartphone usage in social contexts. Smartphone usage is a very prevalent occurrence in our present day. We live in a society that is overly consumed by technology and inevitably we have become dependent on it. This led us to wonder whether the use of smart-phones is a pathogenic method of conforming to social norms or simply an adventitious occurrence. If an individual pulls out their smart-phone in the presence of another person, typically, the other individual will pull out their smart-phone, (whether to check emails, check texts, play games, etc.) however, is this because they lack the interpersonal communication skills to keep the flow of conversation? Our study focuses on uncovering the following factor: do individuals use their smartphones as an escape from face-to-face interaction? The purpose of this research study would be to determine if smart-phones have an impact on face-to-face communication/interaction. Addit ionally, I am interested to see if having a small number of people in the room (5), or a room with a large number of people in the room (15) plays a role in smart-phone usage versus face-to-face interactions. Introduction: There may have been a time when owning a smartphone was uncommon. In contemporary society, it is uncommon to not own one. Although smartphones have allowedShow MoreRelatedGender Differences And Communication Technology877 Words   |  4 PagesGender Differences and Communication Technology Use Among Emerging Adults in the Initiation of Dating Relationships. Marriage Family Review 50.3 (2014): 269-84. Print. The authors study shows how technology has impacted the way young adults engage each other at the start of a relationship. They analyzed how dating has changed from previous generations with the emergence of communication technologies. Their findings show that males and females prefer to use different technologies when starting to developRead MoreThe Article Etiquette : Reintroducing Real- Life And A Smartphone Obsessed Society `` By Ian Brown1116 Words   |  5 Pagesthe Globe and Mail has developed a number of valid arguments on how technology negatively influences society. In particular, he focuses how smart phones have negatively affected individuals’ day-to-day lives. He develops his thoughtful and well-structured arguments through the usage cause and effect, compare and contrast and lastly, examples. Ian Brown uses cause and effect in his article; this helped prove his point. By using actual events that occurred in Toronto and analyzing their causes andRead MoreSmart Phones Use Impact On Face4313 Words   |  18 Pages Smart Phone use impact on Face-to-Face Interactions Tammy Segal New York University Abstract: My proposed research study seeks to examine the rationale of smartphone usage in social contexts. Smartphone usage is a very prevalent occurrence in our present day. We live in a society that is overly consumed by technology and inevitably we have become dependent on it. Not only do we depends on technology but it also decreases the amount of face to face interaction and therefore raisesRead MoreAlbertsons Ditches Self-Checkout in Favor of Human Contact628 Words   |  3 Pagesdiscusses the relationship between involvement, sales personnel, and the likelihood of self-service. Cashiers are a basic form of sales personnel. Describe Albertsons service environment in terms of involvement and the appropriateness of sales personnel versus self-service. According to the text, self-service is predominant in low-involvement purchases, and the likelihood of a salesperson increases as involvement increases. Grocery shopping can be a routine and low-involvement activity, like buying milkRead MoreLeadership and Communication Across Generational Lines Essay example1016 Words   |  5 Pagescommunication (Huggins, 2008). Baby Boomers were born between 1946 and 1964. This generation has watched technology evolve and have grown accustom to using it, however this generation is disheartened that technology is slowly replacing personal interactions. This generation is less formal, and tends to balance electronic communication with verbal communication (Huggins, 2008). The generation X group was born between 1965 and 1981. This generation grew up during the personal computer era, soRead MoreData Analytics And The Retail Industry938 Words   |  4 Pagesinformation is collected using software specifically geared towards collecting, identifying and storing information for use by the company. The information is gleaned from different forums, with social media being the most rich and useful. The information is then quickly sorted and organized for use by the collecting agency (Turban, Volonino, Wood, Sipior, 2002, p. 6). The use of data analytics really took flight in 2010 when different companies offered software that enabled a company to implementRead MoreThe Use of E-Therapy to Improve Quality of Care and Increase Number of Patients1025 Words   |  5 Pagesï » ¿ The Use of E-Therapy to Improve Quality of Care and Increase Number of Patients HCS/531 January 13, 2014 The Use of E-Therapy to Improve Quality of Care and Increase Number of Patients As a member of ABC consultants, New York Presbyterian has hired me to pinpoint ways to improve and expand their patient care. New York Presbyterian Hospital based in New York, whose â€Å"healthcare system serves residents of Manhattan, Brooklyn, Queens, and the Bronx, as well as Westchester, Long IslandRead MoreEffect Of Smartphones On Teenagers1570 Words   |  7 PagesSmartphones on Teenagers Any given teenager has their own insecurities or social ills, however, are smartphones the paraphernalia leading to teenagers being easily able to not think for themselves along with feeding their issues, fears, and desires? As the use of technology has reached an all-time high, the dependence on smartphones has peaked as well. Scientists, especially psychologists, have taken an interest in the uprising of the interconnected world as some believe the constant access to smartphonesRead MoreAutomation In The Workforce. The Advancement Of Automation1435 Words   |  6 Pagesemployments in retail, training, and human services - yet these are additionally among the slightest effective parts of our economy and weight is working to cut expenses. Here once more, innovation is driving the way (images). There is no social interaction with computer based informalities. We lose the human connection with automation. From computerized voice operating systems to automated cars delivering pizzas , this anomaly is going to be society s biggest downfall. We depend less on how to doRead MorePersuasive Speech On Social Media1648 Words   |  7 PagesHow much time do people spend on a cell phone or computer daily? What percentage of that time is consumed doing things other than scrolling through Instagram, twitter, and Facebook feeds or snap chatting peers? Seventy three percent of wired teens use social media websites (CNN). We live in a society where social media dominates a vast majority of our life. Lapointe Lapointe, through a relatable series of emotional developments, targets teens and families caught up in social media to clearly inform

Essay on Increasing Salaries in Sports Throughtout the Ages

One must question if the increasing salaries in sports may have caused players to forget the reasons they began playing in the first place. What happened to the days of playing the game because it was your childhood dream to play at Wrigley Field or Yankee Stadium? The times have changed and so has the entire sports industry. The game has changed from being played on the court or field to being played behind closed office doors or out on the golf course, but are the players all to blame? From the view point of the fan, the actions and wages of professional athletes, teams, and their owners can be disgruntling to say the least. It is hard for a sports fan to comprehend why the rewards for players are so great even if the achievement is low†¦show more content†¦Sadly, it seems that these outlandish acts garner more attention than the athletic ability of the person, the excitement of living through the day to day focus and scrutiny being more interesting than the game itself. The amount of money sports team throw at their players make the younger generation believe part of the game is all about money. I have seen strikes and lockouts in just about every major sport, most notably Major League Baseball (MLB), the National Football League (NFL), and the National Basketball Association (NBA). They all argue over the same basic thing: money. Look back to the days of Michael Jordan, Lou Gehrig, and Walter Payton. These players played the game because of their true love for the game. They did not jump from team to team every year in order to receive higher pay. With coaches and players consistently asking for higher pay and more perks, it makes one question their motive. Is the love of the sport no longer enough? Are they not already making more money than they are worth? This leads to wondering of how you measure a player’s value in cents and dollars. Yes, athletes are paid for their ability to perform but they must also take into account when accepting the high paid positions that they bear a responsibility to their fans to be an upstanding citizen and live/conduct themselves accordingly. The higher paid athletes are able to buy and live an incredibly lavish lifestyle. This makes all things accessible to them which can be a

Work with Diverse People for Frontiers - myassignmenthelp.com

Question: Discuss about theWork with Diverse People for Frontiers in Psychology. Answer: In the first scenario Danielle is the practice manager of a large dental practice in the city. As she is the only female staff in the management level the CEO often calls her as the office mum. The CEO also expects her to get coffee for the monthly meetings and organize birthdays in office. I am certain the CEO would not have given such names to male employees and therefore these are clear signs of sexism and that Danielle is not being overly sensitive. Now there are a lot of ways to deal with workplace harassment. However, she has to keep in mind the fact that she cannot be overtly rude to the CEO or his other colleagues. Firstly, she has to learn to say no. It is inappropriate that only she is asked to make coffee arrangements in monthly meetings every time, but if she tells them she cannot do it any more by citing a few reasons like she has personal engagements, the office staff cannot force her to do it. This is often termed as the bad barista move [1]. Secondly, what she can do is to pretend she has not quite got the joke and ask the CEO to repeat. Repeating something sexist like calling a woman office mum usually makes the person realize that he has been committing a mistake and he might not repeat it again. Lastly, she can turn the tables on the CEO by asking with a sense of humour if he would refer to a male colleague as an office dad[2]. She might just even pop the question what the CEO would have done if she was a guy. These questions will be non threatening but Danielles point that she is being treated unfairly will stand. Scenario 2 In the second scenario an employee constantly jokes on men being bipolar, going postal or going off their meds, I as the team leader know that another employee who is sitting within earshot of these comments is on medication for depression. Heres how I can help the latter: Firstly, the person cracking the joke can be interrupted early. Something like, Hey! Lets not talk about this, can work wonders. The person cracking the joke might get the tone and change the topic. This is the most common way to stop a person from making bigotry comments[3]. If that does not stop him from doing it, maybe I would have to take the option of going up the management ladder and complaining. I might find a few people who think alike in upper management and ask them to help maintain the calm in office environment. Usually when these matters reach the upper management levels they are looked into with seriousness[4]. Another way can be to band together with likeminded colleagues and team members and ask the person to change his or her tone or behaviour. Generally, if this can be done without humiliating the person, then it will work out just fine. Scenario 3 In Scenario three I find myself in a lunchroom of an office where a colleague makes derogatory statements about Aboriginal and Torres Strait Islander people. Hearing the same another colleague who belongs to the community becomes upset and leaves the room. This usually can create a huge impact in work[5]. People not working together and having differences at work place can spell doom for productivity. The colleague who left the room is clearly upset with the comments and is very unlikely to work with 100 per cent efficiency for a day or two[6]. Customers to who are of the same origin might get affected by the comments which can reduce sales. However, the comments might not have broken any laws as the person was expressing his opinion, but then again there are certain restrictions in expressing ones views. The issues affecting the situation here are racism and biasness. The non-indigenous people should know how the Aborigines have struggled to make it this far in life. Almost half of the people of the community are still without jobs, whereas in comparison only 24.4 percent of non-indigenous people were unemployed. They are the underprivileged sections of the society who need our support. The support can be shown by going to the colleague and speaking about the issue. I can try and motivate him by saying he is as big a part in the office as the others. I can ask the one who made the statement to go and apologize to him. This will give him confidence and he can give in his full efforts again. Bibliography: "At Work." Teaching Tolerance. N.p., 2017. Web. 18 Aug. 2017. Cunningham, Joan, and Yin C. Paradies. "Patterns and correlates of self-reported racial discrimination among Australian Aboriginal and Torres Strait Islander adults, 200809: analysis of national survey data."International journal for equity in health12.1 (2013): 47. Prochzkov, Elika. Aboriginals under the White Supremacy. Diss. Masarykova univerzita, Filozofick fakulta, 2016. Rutherford-Morrison, Lara. "8 Ways You Can Shut Down Sexism In The Workplace." Bustle.com. N.p., 2017. Web. 18 Aug. 2017. Stamarski, Cailin S., and Leanne S. Son Hing. "Gender inequalities in the workplace: the effects of organizational structures, processes, practices, and decision makers sexism."Frontiers in psychology6 (2015). Trenerry, Brigid, and Yin Paradies. "Organizational assessment: an overlooked approach to managing diversity and addressing racism in the workplace."Journal of Diversity Management (Online)7.1 (2012): 11.

Reflective learning free essay sample

Title: Using your reflective learning journal provide a critical analysis of 2,500 words, which summarises the following aspects of your on-going personal and professional development. a. Teaching role and contexts within the Lifelong learning sector. b. Own teaching role and context within the Lifelong learning sector. c. Impact of own beliefs, assumptions and behaviours on learners and others. d. Impact of own professional, personal and interpersonal skills, including literacy, numeracy and ICT skills on learners and others. Continuing professional development combined subject specialism, teaching and learning and policy and local context. Continuing personal development combined functional skills (communication skills, numeracy skills, IT skills and interpersonal skills) A professional development cycle supports for continuing professional development (CPD). The professional development cycle have 6 stages. Stage1. Reflect on my role, subject specialism and priorities. Stage2. Analyse my professional goals and needs using my reflections, reviews and appraisals. Stage3. Using this analysis to create a professional development plan for the coming year. We will write a custom essay sample on Reflective learning or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Stage4. Carry out my planned activities and log outcome and reflections on progress. Stage5. Create a professional development record from the evidence in my log. Stage6. Reflect on the impact of what you have achieved in my professional development record. A critical analysis of teaching role and context with the lifelong learning sector from my reflective learning journal Research undertaken by Lifelong Learning UK indicates that all teachers undertake the same activities in relation to the teaching cycle: * Initial assessment Finding out the needs of the organization and the learners and preparing a scheme of work. From the initial assessment, Learners’ expectation some time does not match the organization educational plan.

Governance and Accountability free essay sample

Accountability is the cornerstone of an effective organization. It begins with the individual, whether a soldier, a civilian, employee, manager, supervisor, CEO, or General Officer. I want to first look at the definition of accountability, its impact on leadership in all walks of life, both civilian and military, and finally, how to implement effective accountability in a organization. Lets first look at the meaning of the word accountability both in its root definition, and current usage . The DoD defines it as â€Å"The obligation imposed by laws or lawful order or regulation on an officer or other person for keeping accurate record of property, documents, or funds. The person having this obligation may or may not have actual possession of the property, documents, or funds. Accountability is concerned primarily with records, while responsibility is concerned primarily with custody, care, and safekeeping. † But on closer look, a simple dictionary defines it as â€Å" According to the Collins World English Dictionary Responsibility is: â€Å"1. We will write a custom essay sample on Governance and Accountability or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page the state or position of being responsible 2. a person or thing for which one is responsible 3. the ability or authority to act or decide on ones own, without supervision. † Traditionally, leaders and other command elites have not seen themselves accountable as individuals. They were either above the law, as sovereign rex non potest peccare (the King can do no wrong) or they had immunity just because they were leaders (immunity rationae materiae). Alternatively, they were considered mere representatives of a state or organization which, it was believed, carried the responsibility for any wrongdoings. Writing in 1915, historian R. Michels was not optimistic about change: Historical evolution mocks all the preventive measures that have been adopted for the prevention of oligarchy. If laws are passed to control the dominion of the leaders, it is the laws which gradually weaken, and not the leaders. . In ethics and governance, accountability is answerability, blameworthiness, liability, and the expectation of account-giving. As an aspect of governance, it has been central to discussions related to problems in the public sector, nonprofit and private (corporate) worlds. In leadership roles, accountability is the acknowledgment and assumption of responsibility for actions, products, decisions, and policies including the administration, governance, and implementation within the scope of the role or employment position and encompassing the obligation to report, explain and be answerable for resulting consequences. In governance, accountability has expanded beyond the basic definition of being called to account for ones actions. It is frequently described as an account-giving relationship between individuals, e. g. A is accountable to B when A is obliged to inform B about A’s (past or future) actions and decisions, to justify them, and to suffer punishment in the case of eventual misconduct. Accountability cannot exist without proper accounting practices; in other words, an absence of accounting means an absence of accountability. Internal rules and norms as well as some independent commission are mechanisms to hold civil servants within the management of government accountable. Within department or agency, firstly, behavior is bound by rules and regulations; secondly, civil servants are subordinates in a hierarchy and accountable to superiors. Nonetheless, there are independent â€Å"watchdog† units to scrutinize and hold departments accountable; legitimacy of these commissions is built upon their independence, as it avoids any conflicts of interests. But the globalization of personal accountability is now catching up with the globalization of personal power. Names such as Milosevic, Estrada, Cheng, Pinochet, Fujimori, Berlusconi, Enron, Union Carbide, and Grace have been brought into the accountability frame, as were Osama bin Laden, Saddam Hussein, George W. Bush, and Tony Blair. Violence surrounding the 9/11 attacks on America represented retributive accountability by all parties; but this global feuding does not follow the traditional retributive ethic of an eye for an eye and is, therefore, uniquely problematic. A Global Leadership Responsibility Index (GLRI) can assess leadership conduct by using indicators such as ratification of international agreements, aggressive intervention in other countries, perceptions of corruption, and ecological footprint. America comes below China, Japan, and South Korea, and the Index proposes that leadership in smaller countries is more responsible than in large states. We can see this issue brought out in the actions of even large governments, such as Malawi recently. An excerpt from this fascinating article brings home how important even government accountability is. â€Å"A senior official has been shot, millions of dollars are missing and there are suspects at the highest level of government. It sounds like something from a spy thriller, but in fact it is the unfolding Cashgate scandal in Malawi, which has caught the imagination of the worlds media. The hole in the countrys finances and the suspension of donor aid will have a knock-on effect on the ability to pay salaries to teachers, nurses and other public servants. It is likely to result in public service cuts, with district officials potentially left without the resources to fund even the most basic provisions such as ambulances or medicines. † 2 At its core, accountability is the responsibility to act. It is the commitment to do the right thing and stand by your decisions. Perhaps most importantly, it is a quality that must come from within; dishearteningly, even as legislators, shareholders, customers, and community activists are demanding greater accountability from corporate leaders, too many are waiting for some third party to take action. Whatever the endeavor, it is ultimately the individual who must hold himself to the highest standard first. Those who manage by accountability viscerally know that external rules cannot substitute for character. And they know that accountability is a quality that can be developed, honed through practice, and encouraged in others. In some cases it may be Congress (e. g. , Sarbanes-Oxley legislation), the media, the companys legal or communications department, Wall Street, disgruntled customers, or angry community activists. This is not to say that formal accountability programs are useless; they do play an important role. Nevertheless, it is ultimately the individual who must hold himself to the highest standard first—without waiting to be told, pushed, or prodded. Those who manage by accountability viscerally know that external rules cannot substitute for character. And they also know that accountability can be developed, honed through practice, and encouraged in others. Managing by accountability demonstrates how leaders who embark on a management philosophy of personal accountability imbue their organizations with the qualities of integrity and responsibility. Its important to note that social accountabiltity is also on the rise â€Å"â€Å"As we move toward a more social and transparent workplace environment, influence is becoming less dependent on your place in the org chart and more on the real, measurable impact you have on your colleagues,† 3. The word accountability is often inaccurately defined, and ineffectively applied. In the workplace, accountability is defined as the act of holding others responsible or answerable for their actions (good or bad), for exemplary job performance, and achieving business results. Accountability is not demoralizing staff members for the sake of making a point or an example of them. It is not directing staff members in a condescending manner, or by fear and intimidation. Accountability is about setting the expectation, clearly communicating it, and then holding yourself and everyone within your sphere of influence responsible for consistently meeting the established expectations. Accountability is a process, with a beginning and an end. It is not about telling people what you expect them to do, then quickly moving on to the next thing. People cannot be held accountable for what they have not been informed of. Dont assume employees know what a good job looks like. Paint the picture by clarifying, detailing, and outlining what you expect. Keep in mind, you dont clarify expectations after something goes wrong, at that point you should be reinforcing them.

Trading on the Stock Markets

Trading on the Stock Markets Background A stock market can be defined as a â€Å"public entity for trading of company stock and derivatives at an agreed price; these are securities listed on stock exchange as well as those traded privately† (Anonymous: â€Å"Capital and derivatives Market† Para 2). At the beginning of the month of October, the year 2008, the global stock market size was determined to be approximately 37 trillion US dollars. Advertising We will write a custom essay sample on Trading on the Stock Markets specifically for you for only $16.05 $11/page Learn More More so, estimation that has been carried out of the â€Å"total world derivatives market† has shown that the value of the derivatives market is about 790 trillion US dollars; a value which is more than ten times the whole global economy size. On the stock market, there is listing of the stocks and trading them. Both the buyers and sellers are brought together on this market (Anonymous: â€Å"C apital and derivatives Market† Para 3). In the United States, the biggest stock market, basing on the market capitalization, is the NYSE – â€Å"New York Stock Exchange†. In addition to this, in the United States, we also have other stock exchange markets such as the Dow Jones Stock Market and NASDAQ. In Britain, we have the â€Å"London Stock Exchange’. In Japan, there is the Tokyo Stock Exchange (TSE). TSE is number three in size by â€Å"aggregate market capitalization of its listed companies†¦it had 2,414 listed companies with a combined market capitalization of $3.1 trillion as of May 2010† (â€Å"China becomes the world’s third largest stock market† Para 7). In the United Kingdom, we have the London Stock exchange market. It is located in the city of London, According to â€Å"Market Highlights for the first half –year 2010† (Para 3), by the month of August last year (2010), â€Å"the exchange had a market capitalization of US$ 2.63 trillion, making it to be the forth largest stock exchange in the world by this measurement and it is the largest in Europe† (â€Å"Market Highlights for the first half –year 2010† 1). In Saudi Arabia, we have the Saudi Stock Exchange, also referred to as â€Å"Tadawul†. It is under the control of the â€Å"Saudi Arabian Monetary agency†Ã¢â‚¬ . This is the largest stock exchange market in the region. As it is pointed out by the â€Å"Saudi Stock Exchange†, it has â€Å"a market capitalization amounting to much more than US55 billion† (Para 1). This market has been increasing over the years beginning from the time it was set up in the year 1954. This stock exchange, being the only major stock exchange in the country, used to operate informally up to the middle of the 1980s.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Le arn More Trading on the stock market Those traders who take part in the stock exchange market may be either just small individuals who wish to invest in stocks or they can be very big â€Å"hedge fund traders†. Among the exchanges that are carried out, there are those in which transactions are entered in to on a â€Å"trading floor† (physically). This is done by a method referred to as â€Å"open outcry†. Such form of sale is employed in both â€Å"stock exchanges† as well as â€Å"commodity exchanges† in which those engaging in trade make bids and offers by word of mouth. However, with advancing technology, there has emerged another form exchange in which trading is carried out in a virtual manner. In this, there is use of computers and transactions are carried out electronically without necessarily having the traders interacting physically. Basically, the trades carried out are on the basis of an â€Å"auction market model†. Unde r this, the buyer engages in bidding for a definite price he is ready to pay and then the prospective seller asks for his or her desirable price from the buyer. This may go on for sometime until the buyer and the seller meet at a common price that is deemed to be desirable for both parties; the buyer and the seller. At this point, a sale occurs. In a situation where we have two or more bidders (buyers) or askers (seller), one who comes first is the one who is sold to. A stock exchange is meant to make it possible for the buyers and sellers to interact in order to exchange securities and by doing this, a marketplace is provided. Considering the New York Stock Exchange, this market is a â€Å"physical exchange† where the traders interact with one another physically, face to face and it is also a â€Å"listed exchange†. Unlike the NYSE, NASDAQ is a â€Å"virtual listed exchange† (Anonymous: â€Å"NASDAQ† Para 2). In this particular market, all the trading activities are carried out electronically, over a â€Å"computer network. The trading process is the same as that followed by the New York Stock exchange market. The only difference between the two is that, in this market, the buyers and sellers interact electronically rather than physically.Advertising We will write a custom essay sample on Trading on the Stock Markets specifically for you for only $16.05 $11/page Learn More Time and again, there has been deviation of active trading from â€Å"active exchange† (Ortega and Yalman Para 1). Ortega and Yalman point out that, â€Å"Securities firms, led by UBS AG, Goldman Sachs Group Inc. and Credit Suisse Group, already steer 12 percent of U.S security trades away from the exchanges to their internal systems† (Para 2). They further projected that, there was even a probability of the level of that share going up (to eighteen percent) by the year 2010 â€Å"as more investment banks bypass the NY SE and NASDAQ and pair buyers and sellers of securities themselves, according to the data compiled by Boston-based Aite Group LLC, a brokerage consultant† (Ortega and Yalman Para 3). Other than NASDAQ and the NYSE, in the United States’ stock market, there is the Dow Jones stock market. This was set up in the year 1896 and its founder was Charles Dow. This exchange is â€Å"an icon in the trading industry† (â€Å"Dow Jones Stock Market† Para 1). It is further pointed out that, basically â€Å"the Dow commercial average is a market index that provides a fast method to get to an understanding of how the exchange is fairing on any given day† (â€Å"Dow Jones Stock Market† Para 2). This stock market does not provide â€Å"specifics† but instead allows the public to have the knowledge about the overall trends that are being followed by it. Several criticisms have been directed towards the â€Å"Dow Jones Stock Market† and these crit icisms have been coming form the researchers. They have criticized this stock market’s move not to include a large number of firms to carry out the representation of the general â€Å"market performance†. More criticisms have also arisen in which there has been disagreeing that â€Å"trading on all thirty stocks included in the Dow Jones stock market doesn’t always open at the same time each morning, thus skewing the day’s average† ((â€Å"Dow Jones Stock Market† Para 2). However, despite these criticisms, the â€Å"Dow Jones Stock market Business average†, in the course of time, has determinedly performed similarly to the broader United States market and this is the reason why this stock market remains to be preferred by many people to the present day. Considering the case in Saudi Arabia, in March 2010, it was reported in the â€Å"All Headline News† that the stock exchange of this country â€Å"had opened its doors to for eign investors as a leading investment firm announced that foreign investment in the country was expected to grow by 20 percent in the coming year† (â€Å"Saudi Stock Market† Para 1). Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This move was taken to enable the foreigners to â€Å"invest in ‘Exchange Traded Funds’, an index fund traded on an exchange like a stock so as to offer foreign investors the opportunity to obtain broad-based exposure to the Saudi equity market† († (â€Å"Saudi Stock Market† Para 2). In the year 2008, FDI to Saudi Arabia was twenty four million US dollars. This country has also realized â€Å"stable improvement in its ranking in the World Bank’s Doing Business index† (â€Å"Saudi Stock Market† Para 11). It moved to position 13 in the year 2010 from position 15 in the previous year and this makes this country to be â€Å"the highest ranked country in the Middle East †¦.the index measures ten different variables ranging from the ease of sharing a business and enforcing contracts to paying taxes and cross border trading†(â€Å"Saudi Stock Market† Para 11). There are some occasions on which trading of particular s hares is stopped; sometimes for a few hours or days or even longer. On an individual level, stopping to trade on a stock can take place during a drop. This step assists in enabling people trading in stock to avoid losing their money. The simplest way to do this is to set â€Å"a stop-loss order on one’s brokerage on each of one’s holding to protect oneself against massive drops in the value of holdings† (Hewitt Para). However, on other occasions, the capital market authority can stop trading a particular stock. It does this for several reasons and among these reasons is that, it may intent to punish inside trading and to regulate the market. This is clearly evident on the Saudi stock exchange market where it is reported that the stock market has â€Å"cleaned up† following the actions taken by the Capital market Authority (â€Å"Saudi Stock Market† Para 5). Lacoma (Para) points out that the most well-known stock market is the NYSE. However, all t he stock markets work in the same way, the NYSE works. In these markets, the Capital Market Authorities can stop trading of a particular stock but this occurs in just some specific cases for certain organizations. This can be carried out in the form of a suspension of a stock market. This implies that those who want to invest shall not have any influence in line with the â€Å"suspended stock†. Those people who are owners of this security have no power to sell it and those ready to buy it can not be able to do so. In addition, the company is prevented from carrying out any adjustments on this stock. Suspensions take place at once and may remain effective, going on for a number of days but not beyond ten days in total (Lacoma Para 2). It is also important to note that suspension is applicable to a single company’s securities and stock and not on the securities and stock of the whole stock market. Closing down the whole stock market can not be easy. The suspension is not aimed at paralyzing the economy in its entirety in whatever way. Those who wish to invest can go on trading on the stock market; buying and selling stocks from other companies on the market. Suspensions are meant to make the companies to engage in reviewing their financial records. This in most cases follows suspicion of existence of fraud in a company or in the cases where big flaws have been committed in regard to making records. In some cases, suspension may occur following the need to make clarification of certain legislation. The suspension of stock is carried out in order to safeguard the investors against any uncertainties while all-inclusive investigation on the company’s activities is carried out. A suspension may have a negative effect on the company’s stock on the stock market. After being suspended, in most cases the stock starts trading at a greatly decreased price. This comes about as a result of the investors being filled with uneasiness in regard to the suspension and look at the company in a suspicious manner even if findings after the suspension were not negative. It is important to draw a distinction between a suspension and â€Å"halts and delays†. A halt takes place when the suspension of the stock is carried out by the company itself and it does this with an intention of sharing some important information with investors. This is always brief and may not go on for even more than an hour. A delay is just like a halt. However, the difference is that it occurs at beginning of the trading day. In whichever the case; whether it is a suspension, a halt or a delay, all of them involve stopping of trading on the stock market. Most of the people who invest have come to learn that the stock market is a quite volatile market for one to put his or her money in it. However, it is this market characteristic (volatility) that brings in returns which the investors obtain. Wagner defines volatility as â€Å"a measure of dispersio n around the mean or average return of a security†¦Ã¢â‚¬ ¦.and Standard deviation can be used to measure volatility† (Para 2). This method of measuring volatility gives out information on â€Å"how tightly the price of a stock is grouped around the mean or moving average† (Wagner Para 2). Wagner further points out that, in considering securities, â€Å"the higher the standard deviation, the greater the dispersion of returns and the higher the risk associated with the investment† (Para 3). Apart from this using this method in measuring volatility, it can also be measured by taking the mean range to every period, â€Å"from the low price value to the high price value† Wagner Para 3). Basing on this, there is expressing of â€Å"the value obtained as a percentage of the starting point of the period†¦.larger movements in the price creating a higher price range result in higher volatility and the lower price ranges result in lower volatilityâ€℠¢ (Wagner Para 5). It is important to note that, there exists a very powerful correlation between â€Å"volatility and market performance†. There is a tendency for the level of volatility to come down while there is an increase in the stock market and the level of volatility goes up while the stock market declines. The risk level moves up with the level of volatility and at the same time the level of returns goes down. To illustrate this clearly, Wagner cites a research that was conducted in 2007 by â€Å"Crestmont Research† which was aimed at evaluating the past records of the relationship that exists between the â€Å"stock market performance† and the â€Å"market volatility†. This research utilized the â€Å"average range for each day to measure the volatility of the Standard Poor’s 500 Index† (Wagner Para 6). The results that were presented from the research report gave out an indication that higher volatility matches up with higher l ikelihood of a decreasing market and lower volatility matches up with a higher likelihood of an increasing market (Wagner Para 6). Considering, the volatility ratio, according to â€Å"Investopedia†, volatility ratio is defined as â€Å"a technical indicator used to identify price ranges and breakouts† (Para). It utilizes a â€Å"true price range† to carry out the determination of a â€Å"true trading range† of a stock and is capable of identifying â€Å"situations where price has moved out of this true range† (Investopedia Para 1). By being familiar with stock volatility as well as the volatility ratio, the investors are in a better position to trade wisely on any stock exchange market. Conclusion The stock exchange market brings together buyers and sellers in order for them to engage in stock trading. The traders on this market may be small individual investors or large business corporations. Most of these traders who have been in this business l ong enough, have come to learn that the stock market is a quite volatile market for one to put money in. However, in whichever the stock exchange market, it is this market characteristic (volatility) that brings in returns which the investors obtain. Among the major stock exchange markets in the world that have been looked at include; the New York Stock Exchange, NASDAQ, Dow Jones Stock exchange (all the three found in the U.S), the Tokyo Stock Exchange, The London Stock Exchange and the Saudi Stock Exchange. There comes a time when the capital market authority may stop trading a particular stock. This may lead to the suspension of the stock. This occurs for several reasons and among these reasons is that, the company involved may not be having right records or there is likelihood of having fraud in the company. More so, there might be some legal obligations that are supposed to be met by the company involved. However, not all the trading is stopped on the market but it is only o ne company’s stock and trading will always go on as usual with stocks of other companies that are not affected with the suspension. Anonymous. â€Å"Capital and derivatives Market†. 9 December 2010. Web.. https://sites.google.com/a/rajalakshmi.edu.in/myrec/knowledge-sharing-cell-1/capitalandderivativesmarket. â€Å"China becomes the world’s third largest stock market†. Economic Times. 19 June 2010. http://economictimes.indiatimes.com/markets/global-markets/China-becomes-worlds-third-largest-stock-market/articleshow/6068129.cms â€Å"Dow Jones Stock market†. Cheap Stock Trading. 24 December 2009. Web.. cheapstocktrading.org/dow-jones-stock-market/. Investopedia, â€Å"Volatility Ratio†. 2011. Web. investopedia.com/terms/v/volatility-ratio.asp. Lacoma, Tyler. â€Å"When does the stock market suspend trading?† 3 October 2010. Web.. ehow.com/about_7311092_trading-halt-stocks_.html. â€Å"Market Highlights for the first half –year 2010†. World Federation of Exchanges. July 2010.Web. world-exchanges.org/files/file/stats%20and%20charts/July%202010%20WFE%20Market%20Highlights.pdf. â€Å"NASDAQ – What is NASDAQ? All about NASDAQ stock market†. Hubpages Incl. 2011. Web. http://hubpages.com/hub/NASDAQ-What-is-Nasdaq-All-about-NASDAQ-Stock-Market. Ortega, Edgar, and Yalman Onaran. â€Å"UBS, Goldman threaten NYSE, Nasdaq with rival stock markets†. Bloomberg, 4 December 2006. Web.. bloomberg.com/apps/news?pid=newsarchiverefer=homesid=al86iws61SPY. â€Å"Saudi Stock Exchange†. Economy Watch. N.d. Web. economywatch.com/stockexchanges/saudi.html. â€Å"Saudi Stock Market Opens to foreigners†. All headline News. Web. allheadlinenews.com/articles/7018236735. Wagner, Hans. â€Å"Volatility’s impact on market returns†. 2010. Web.. investopedia.com/articles/financial-theory/08/volatility.asp.

Closing case #2 Chap 6 Zillow Study Example | Topics and Well Written Essays - 750 words

Closing #2 Chap 6 Zillow - Case Study Example Business intelligence at Zillow allows managers to make better decisions that are beneficial to the company. In Zillow, Zestimate values allow them to use data mining features for spotting trends across property valuations hence creating new products for their customers. Through this technology, they are able to see accurate Zestimate values and allow users to find homes that are for sale and rent based on monthly payment they can afford. Through business intelligence, Zillow launched new products aimed at changing the manner in which Americans shop mortgages by allowing borrowers to use their new mortgage marketplace to get custom loan quotes from lenders without giving their details. The marketing department at Zillow can easily use data mart to release a new product by taking advantage of databases that are stored in details. Through their data warehousing systems, they can store the same information in aggregated form more suited to support decision-making process. The warehouse can then be used to compile information from internal databases and external databases through extraction, transformation, and loading during launching of new products. Accurate information is of great importance to Zillow since they need such information to make accurate choices on how they intend to run their business. Any information that is not accurate misleads the managers as they make their daily choices that can eventually lead to reduced profits in the business. All information needed by Zillow should be complete to ensure that there is no value lacking in the information provided. Incomplete information can also lead the management in making wrong decisions that can eventually bring the company down. Zillow needs information that is ever flowing at a constant speed as they are availed so that they become useful to the management. Inconsistency of information can disrupt the decision-making process that would in