Monday, December 23, 2019

Portugal s International Financial Crisis - 1676 Words

In the most recent of the world’s financial crises everyone has had to find a way to live a little, or in some cases a lot, more frugally. In the case of Portugal who joined the EU in 1986 and adopted the Euro currency in 1999, frugal is no longer enough (European Commission). While they are attempting to squeeze their way into a highly competitive market with exportable products and an appealing labor market for investors, they must also battle the European financial crisis. Not only does the financial crisis have Portuguese consumers zipping up their wallets but it also elicits questions as to whether their government can issue more bonds without defaulting on their current obligations. Portugal currently finds itself having difficulty staying competitive in the world marketplace. While the Portuguese economy lost two of its top industries like textiles and footwear manufacturing to competition from inexpensive Chinese labor, slowing the country’s growth for over a decade, they still have a few leads in the market with reputable products and companies(The importance of, 2010). Portugal’s main pattern of trade is to and from other European Union countries (Trade Profile, 2012). 73% of all exports from Portugal end up in the EU, while 75% of imports also come from the EU (Trade Profile, 2012). According to the CIA World Factbook, Portugal’s main exports now consist of cork, wood, and paper. There are several examples of major Portuguese companies that produceShow MoreRelatedGreece Economic Crisis1636 Words   |  7 Pages| | |GREECE ECONOMIC CRISIS | |Causes Implications | | Read MoreHow The Eurozone Crisis Is The Highest Level Of Public Debt Essay1516 Words   |  7 Pages Greek crisis I n recent times, the Subprime mortgage crisis in the US seems to have metamorphosed into the Euro crisis. Since early 201 0, the Eurozone has been facing a major debt crisis. Such countries as Greece, I reland and Portugal have accumulated unsustainable levels of government debt. I n order to avoid the default they had to ask other European countries and the I nternational Monetary Fund ( I MF) for loans. 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In 2010, no country belonging to the euro area was able to comply with the Stability and Growth Pa ct (SGP). Public debt in the euro area increased from 65% to 85% of GDP between 2007 and 2010. This debt crisis was certainlyRead MoreEurozone Debt Crisis1274 Words   |  5 PagesResources The weekend of May 5-6 opened a new chapter in the Eurozone debt crisis as voters in France and Greece voiced their disproval over current leadership. With news of Frances Sarkozy losing the presidency, and a dismal election result for Greeces pro-bailout parties (Reuters.com. May 7, 2012. PP. 1); the future of the Eurozone continues to be shrouded in uncertainty. Debt yields for Greece, Ireland, and Portugal spiked as bond investors ruminated over fiscal and monetary policies. LikewiseRead MoreHow The Greece Ended Up With The Worst Debt Crisis Of Our Lifetime Essay2030 Words   |  9 PagesThe Greek Tragedy The purpose for this paper is understand why how the Greece ended up with the worst debt crisis of our lifetime. Other objective of the paper is to analyze its historical reasons, and the challenges of the European Union, Europe and the world economy to the Greek crisis. In order to deeply understand the root cause of the debt crisis in Greece, we have to understand not just the economics of Greece but the policies that drove down the economy. Economy of Greece: As of 2015,

Sunday, December 15, 2019

Effects of Electronic Media on the Students of IIUI Free Essays

In today’s world of science and technology, though our lives are becoming easier but complex at the same time. Electronic media is one of the pillars of our life transformation and development which is making us more aware and updated. More, spending more time on the internet and electronic devices decreases the time for healthy activities such as physical activity, sports, community service and cultural pursuits. We will write a custom essay sample on Effects of Electronic Media on the Students of IIUI or any similar topic only for you Order Now It is also creating a communication gap between parents and their children. Further, this has also caused youth the problem that now they are unable to differentiate between fantasy and reality. Media’s exposure in the form of mystery and murder movies and stories filled with terror and torture has largely affected their behavior. As a result, they have become violent and are more prone to confrontation with their teachers, getting involved in fights with their peers and facing a drastic decline in school successes. Girls experience more fear from media as compared to boys. Depression Teenagers who are addicted to the internet develop rapid depression and psychic problems than those who are classified under normal internet users. By using chatting apps and talking to strangers, bold screening of films and dramas, it creates a fantasy world for the girls, thus leaving them far behind from reality. Rather than spending their evenings reading a book or cooking, girls instead spend up to five hours a night on their laptop – obsessively tracking the lives of, old friends and acquaintances and work colleagues. Spending too much time online can expose a ‘dark side’. Those who didn’t previously suffer from depression are made to feel ill, fed up and unsafe and those who are on continuous use often feel worse. There appears to be an undeviating interconnection between spending more time online and feeling less happier about life. People who spent excessive time online don’t even realise that they are developing symptoms of depression. For people who do find themselves online more frequently, it may be useful to know these signs of depression from the National Institute of Mental. Health: Concentration problem and difficulty in decisions making Decline of energy, rise to stress and fatigue Feelings of hopelessness, worthlessness Feelings of guilt Insomnia or excessive sleep Restlessness and irritability Loss of interest in physical activities Appetite loss or over eating Continuous pains, headaches, cramps or digestive problems Persistent sad, or ’empty feelings’ Thoughts of suicide or suicide attempts Sleep Disturbances Immoderate use of internet is related with sleep deprivation. Lack of sleep leads to negative consequences such as fatigue and problems in the immune system. Accessing the internet via a mobile when in bed makes it harder for the mind to relax, further, hindering sleep. In addition, the electromagnetic radiation emitting from the mobile, delays melatonin production. Imprudent exposure to blue light emitted from the screens of internet connected devices also disrupts the sleep wake cycle and makes sleep more difficult. When our internal body clock is disrupted, we may develop sleep disorders such as delayed sleep phase disorder which can further aggravate the health effects of sleep deprivation. Risk of illness of immune system and chronic pain The incessant touching of phone harbours germs on our handset. The greasy, oily residue we may see on our cell phones after a day’s use can contain more disease prone germs than those found on a toilet seat. Further, cellphones require constant use of our hands especially when sending texts and emails. Responding to messages at rapid speeds can cause inflammation in our joints. Back pain is also common with increased cell phone use especially if you hold the phone between your neck and shoulder when you multi task. Methodology and Methods This applied study uses qualitative method. The research population composed of 10 BS students of International Islamic University Islamabad. The students were selected through random selection. Profile of locale For conducting this research, female students of International Islamic University Islamabad were selected to interview. Results and Conclusion Results After analyzing the answers given by the respondents, our hypothesis is proved that excessive use of electronic media leaves an negative impact on youth Thus, hindering their physical and emotional health and lack of communication. Conclusion It can be concluded that if the use of electronic media is not controlled, it leaves many negative impact on the lives of youth and can destroy their lives. They are not able to face the real world and their social personality is completely destroyed. They do not remain one personality, they differently express themselves on social media and are completely different in real lives. How to cite Effects of Electronic Media on the Students of IIUI, Papers

Saturday, December 7, 2019

Effective Business Communication Successful Virtual Teams

Question: Describe about the Effective Business Communication for Successful Virtual Teams. Answer: Introduction Interpersonal communication at workplace is still an unexplored segment. Importance related to communication skills is given only to a particular segment rather than developing overall personality of an individual. Under such a business scenario it is essential to focus upon developing personality trait with a written communication skill. Business communication organizations are ignoring the relevancy of proper techniques while providing training (Guffey and Loewy2015). Objective The objective of an effective business communication is to foster healthy relation in between the management-employee. Most of the management troubles happen due to misunderstanding and misrepresentation in the proper communication system. The objective of the article is to ensure that spoken and written communication are equally important for an individual growth. Chances of promotion for people with good communication skills are more while comparing with other employees. It is considered to be one of the most essential tools for motivation that can develop confidence of the employees. Secondly Faulty communication is a key reason of difference and low confidence in between employer and his employees. The objective of interpersonal communication is to determine necessity of effective communication skills and its value while setting objectives (Means,2009). The methodology and means of analysis used in the article Author has recently conducted a survey in order to set an effective relationship in between the manager. He has created an informal experiment to understand a sense of importance of interpersonal communication skills and its necessity at the work place. He conducted a survey for a period from February to June 2012. He received e-mail message from business communication. He divided the type of training provided by the vendor and presented the data in a systematic manner to analyze the kind of training provided in the market. The result shows that 44.7% of vendors have a difficulty in conversation whereas there was only 5.2% vendor whose interest is related to facilitating meetings. All the organization was focused on speaking skills and there were fewer who were interested in writing skills(DeKay,2012). The argument advanced in the article Behavior change training does not add to the knowledge of the personal interpersonal skills. There are only certain rules and procedural guidelines that are necessary to be followed in order to adopt the effective business communication at the workplace. There are still certain set of invisible problems that are attached with the inter-personal skills and development. The enormous terrain of interpersonal skills is still unexplored and made confined to certain region. According to Robless formulation, the soft skills are complexes inter personal and personal attributes. Personal attributes includes unique individual characteristics such as effective time management. Interpersonal skills includes various character demonstrated when an individual connects in social communication. The capability to communicate effectively is necessary to lever complicated discussions in an effective manner to resolve major issues inside the organization. Soft skills are those attributes or traits togeth er with the personal traits to attain the objectives(Goetsch and Davis,2014).Assessment is a complex matter while focusing on interpersonal skills at the time of instruction. Assessment engages reactions of both employees and the managers. They are given an opportunity to assess employees after week of training. Conducting surveys and interviews are very difficult procedures need to be given simultaneous importance over the weeks of session. An organization has still not developed methods to measure long-term value of training of behavioral motivation. They consider other activities as an integral part of the training which includes where employees find job with other companies, few are transferred to the other department(Grunig, 2013). Hence it has become difficult to access the value of interpersonal business communication at workplace. The second important finding is related to uses of business communication in curriculum at the college and graduate school level. This has helped in achieving the target related to behavioral motivation in an effective manner while guaranteeing long term success of an individual. Most of curriculum at present includes teaching in writing and verbal communication. It has helped in developing communication skills at an early stage. There is a necessity of similar amount of interference at the workplace where all the attention is focused on speaking rather than written. It is highly recommended that equal attention need to be given to both written and verbal communication in order to increase the overall productivity of an individual. This sector is still unexplored and requires exploration in order to increase the amount of equal interference. The conclusions/findings of the article The necessity of business communication has increased in the recent time. Globalization has led to advancement of the economy that has created an urgency of the effective business communication. Article describes the training sessions provided for enhancing the business communication skills at the workplace. It helps in managing the relationship in between the managers and the employee and gives a positive message related to the organization. A research says that an organization that follows effective communication practice grows largely when compared to the other organization. Business communication is seen in a restrictive manner at workplace. A written communication skill is ignored in an organization which needs to be given equal importance. Soft skills are given more importance that has created a gap in the business opportunities. It is highly recommended to accelerate the implication. Researchers has identified an effective interpersonal communication skills are highly recommen ded to add critical attributes for adding value to the However the importance of interpersonal communication at the workplace is given limited information or knowledge. The articles are related to inference made related to the use of communication skills and the uses of effective communication skills at the workplace. According to the author interpersonal skills at workplace is still an unexplored place which needs to be given more attention looking after the current market needs (Need, 2006). The implications for managers The manager needs to pay more attention towards managing the relationship in between the employee and the organization. Manager has to focus upon developing interpersonal skills of an individual by following a systematic training procedure. It is a known fact that people with a good communication skills has maximum chances of promotion rather than others. It is the duty of the manager to teach his subordinates about the importance of business communication (Dunn,Grannan Raisinghani and Stalling,2015). It is recommended that the manager gives equal attention in terms of emphasizing of effective communication skills. It is seen under the current business scenario that a manager has a responsibility to look after the needs of the organization and recruit a person who has effective business skills. It is the duty of the manager to transform the objectionable behaviors of employees. Business communication needs to be explored largely in order to retrieve better result in the good faith of the organization. Strengths More emphasize is given on verbal communication rather than written communication. Here the author tries to create a relationship in between the necessity of communication and provides necessary information related to the business communication at the workplace. It is seen as an important phase while paying significant focus over the necessity of business communication and the opportunities with the manager to focus upon the techniques in order to help better communication procedure at work place. Knowledge regarding effective inter personal skills are inculcated at school and graduation level that has helped I achieving multiple objectives (Goetsch and Davis, 2014). Weaknesses The author has stressed more on the techniques of business communication vastly in the article. He has over emphasized the needs of business communication rather than other essential parameters. Under the current business scenario it is essential to pay attention to every individual issue. Enhancing inter personal skills is treated as a money making machine. The techniques used by the organization are very old and does not consider valuable points and norm set by the business entity. References DeKay, S.H., 2012. Interpersonal Communication in the Workplace: A Largely Unexplored Region. Business Communication Quarterly, 75(4), pp.449-452. Dunn, S., Grannan, C., Raisinghani, M. and Stalling, H., 2015, January. Communication Strategies for Successful Virtual Teams. In System Sciences (HICSS), 2015 48th Hawaii International Conference on (pp. 364-373). IEEE. Goetsch, D.L. and Davis, S.B., 2014. Quality management for organizational excellence. pearson. Goetsch, D.L. and Davis, S.B., 2014. Quality management for organizational excellence. pearson. Grunig, J.E., 2013. Excellence in public relations and communication management. Routledge. Guffey,M and Loewy,M.2015. Essentials of Business Communication. Cengage Learning Means,T.2009. Business Communication. Cengage Learning Need, W.C.D.H.P., 2006. Human resource management: Gaining a competitive advantage.