Working in an EBL group Essays

Working in an EBL group Essays Working in an EBL group Paper Working in an EBL group Paper The other important concept in the profession of nursing is the empowerment of nurses themselves. Empowerment of nurses, like that of clients holds the importance of autonomy and independence. A nurses empowerment is mainly defined by the use of Kanters (1993) theory of organizational empowerment, where in order to feel empowered the nurse must be able to have access to information, support, resources and opportunities to grow and develop with the nursing environment (Lashinger and Wong 1999). These empowering structures have a personal effect on the nurse, causing the nurse to have more feelings of independence and self of this is during my clinical placement, nurses go on study days to help in their professional development. Empowerment of nurses also brings accountability which is ability to give explanation for ones actions. Accountability is becoming more and more detrimental to the health field and is playing a bigger role in the outcome of empowerment. Education and training is important in the process of empowering the nurse. Education causes knowledge and skill, which allow the nurse to first provide healthcare and second know the reason behind what he or she is doing, which empowers the nurse as knowledge is a precursor to feeling in control (Dooher and Byrt 2003). One of the hurdles in the empowerment of nurses is the tendency to rely on the management. One of the hindrances of empowerment is caused by hierarchy within the situation, whether it is between the client and nurse or the client and management. A further challenge resides not so much in the obstacles to achieving nurse empowerment but in the likely consequences of it. That is there are risks involved for those who are sufficiently empowered to speak up and challenge vested political and economic interests as part of a broader health promotion role (Kendel 2004). A final point worthy of consideration concerns not so much the challenge of empowering nurses, but the issue of empowering patients in a care setting, facilitating the ability for them to exert greater control over their care and decision making may not always be appropriate and desirable. In spite of the arguments, there is the underlying assumption that by acting in an empowering way, health professionals will become more effective and people will become healthier (Kendel 2004). In conclusion, nurses power may arise from three components: a workplace that has the requisite structures that promote empowerment; a psychological belief in ones ability to be empowered; and acknowledgement that there is power in the relationships and caring that nurses provide. (Jack 1995) REFLECTION on EBL Reflection has been defined by Taylor (2000) as: The throwing back of thoughts and memories, in cognitive acts such as thinking, contemplation, meditation and any other form of attentive consideration, in order to make sense of them, and so make contextually appropriate changes if they are required. In order to reflect on the process of the presentation, I will adapt the Gibbss reflective cycle. Description  As a group the concept of empowerment was given to us. A chair, a scribe and time keeper was appointed. We also divided the group into three sub group because it was a large group. On the first session, list of things was achieved which includes ground rules, different definition of empowerment, means, importance of and the pro and cons of empowerment. Each sub group was then allocated a topic to research and report back with. On the second session every sub group delivered their findings to the whole group but we still lacked the major points. These lead to delayed progression of the work. Decision was reached to use PowerPoint presentation and for each sub group to type their work and send it to the scribe. On the last session, we still lacked some major information but managed to put the whole work together. On the whole there was a lot of ideas and information but we lacked organisation. We had no time for practice run. The presentation was done but on reflection, our weakness and strengths was well acknowledged. Feelings  I often felt anxious and uncertain about what the group are expected to do. I felt that everyone wanted their piece of work to be used. I thought that the time allocated to the presentation was limited. I strongly believe that the group put a lot of time and effort into the process but did not show this at sometimes. I felt unable to assert my views, so I avoided open conflict in favour of an outwardly harmonious team. Looking back I wish I had the courage to challenge some views being expressed. According to Johns and Freshwater (2005) that the process of learning is experiential and it not on a conceptual level. Evaluation  The aims of the presentation were clearly stated. We had a clear indication of the purpose in the introduction. Although we had appropriate delivery of presentation, but it could have been developed using variation in the PowerPoint presentation. We should have assessed and looked at how the information was verbally presented. It was a good group work and we worked well to develop the contents, however material represented was often not referenced and on occasions unclear. We also had limited links to practice. Nevertheless, we provided quite a background to empowerment and overall, this proved to be a positive experience that made me learn to adapt to the circumstances around me. Analysis  Working in an EBL group helped me to develop and practice the skills of communication like listening, eye contact, tone of voice and team working that are essential for caring for patients in my practice area. Johns and Freshwater (2005) emphasis that communication group learning and guidance takes place through dialogue and the first art is listening. It helped me to make joined and collective decision making. I was able to learn how to share tasks and responsibilities. I acquired the knowledge of negotiation and reflection as a group. Through it, I learnt concept of empowerment as a whole. In relation to my clinical experience, I will be able to share information, knowledge and skills which will help me to participate in patient self empowerment and decision making. My own process of learning has improved dramatically through this process. Conclusion We could have focused more in analysing and looking at the concept of empowerment. We should have ensured that the aims identified were properly addressed and explored other variation of PowerPoint presentation. The link to practice could have also been clearly demonstrated. According to Johns and Freshwater (2005) reflecting on experience after event draws insights that may inform your future practice in a positive way. Action plan  If in the same situation, I will suggest to the group that we be less descriptive and provide more analysis of the concept of empowerment. To use a more coherent approach when presenting and allow time for practice run and communicate more. In regards to me as the chair, I will be more assertive in a different way. REFERENCES 1. Dooher, J and Byrt, R. (2003) Empowerment and the Health service User. Vol 2 Quay Books London. 2. Gibbs, G. (1994) Learning by doing: A guide to teaching and learning methods. Further education Unit. Oxford University. 3. Gibson, H.C. (1991) A concept analysis of Empowerment. Journal of Advanced Nursing, 16, 354-361. 06/04/07. 4. Jack, R. (1995) Empowerment in Community Care. Chapman and Hall. London. 5. Johns, C and Freshwater, D. (2005) Transforming Nursing through Reflective Practice. Blackwell Publishing. Oxford. 6. Kanter, H. (1993) The Theory of Organisational Empowerment. Galerie Hellingman. London.

Affordable Discussion Essay Right Here

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You will choose a current event topic from the last 20 or so years and Essay

You will choose a current event topic from the last 20 or so years and explain how this current event links back to the Industrial Revolution - Essay Example This often affects society negatively as the importance and sacredness of communication is undermined. Society has changed from a proactive population of outdoor people to more reserved technology conscious individuals. This problem is compounding the more human beings evolve, and it seems to be a long-term issue (Palfrey and Urs 52). The problem is linked to the Industrial Revolution as one sees large groups of laborers fill the industries to make these products on a large scale, similar to the Industrial Revolution (Brownsword 58). This issue seems to be compounding and is one, which will complex as the demand for technological gadgets is on the increase. There is a similarity between both revolutions. The industrial revolution included a change from traditional methods to use of machinery while the Digital Revolution has seen the mass production of new advanced equipment aiming at changing and improving

Media Literacy and Ethics Essay Example | Topics and Well Written Essays - 1000 words

Media Literacy and Ethics - Essay Example Media Literacy is a subject that is gaining relevance in the Information Age that we inhabit today. This is because a passive digestion of news content that is offered on a platter is unlikely to lead to a healthy understanding of that content. This is especially true in the highly privatized and commercialized environment of today, where much corporate and political propaganda gets passed on as objective news. Hence, there is no doubt as to the importance of Media Literacy to the general public. Yet, it is only a fraction of the population that could claim to possess a critical understanding of how different mediums of information operate. (Pavlik & McIntosh, 2011) The rest of this essay will foray into what all comprise Media Literacy and also analyze how media literate the author of this essay is. Firstly, media literacy seeks to address the proliferation of new literacy practices â€Å"in an increasingly mobile, global, digital world. Broadly analogous to print literacy,  medi a literacy  promotes the analysis (reading) and production (writing) of texts in a variety of forms. In practice, conflicting assumptions about the definitions, practices, and impact of  media literacy are at the heart of contentious debates about its fundamental aims, purposes, and value. Consequently, as  media literacy promotes greater access to a wider range of tools and texts, it is increasingly mired in age-old debates about the uses of literacy to frame, shape, and control public discourse. In the process, it touches on the relationships between  media literacy, cultural narratives, and the arts.† (Tyner, 2009, p.3) One of the key features of Media Literacy is the cultivation of strategies for a scientific analysis of media content. In this sense, Media literacy can be said to offer the citizens a range of critical approaches to gain insight into the nature of media content. Those studying the media should understand that it is merely the messenger of informatio n without any inherent moral character. What ascertains the value is the list of attributes attached to it, including â€Å"who is producing the message, what the function is, and the target audience.† (Silverblatt, 2007, p.4) Several academics in the field of Media Studies have defined Media Literacy in various different ways. Some claim that a comprehensive understanding of how news and program content is produced, including selection, edition and presentation are essential. In the case of news media, for example, without a complete understanding of these behind-the-scene processes, the audience/reader would not be in a position to critically evaluate the quality of journalism. Some of the criteria for measuring quality of journalism are objectivity, editorial neutrality, standard of presentation and detail. It is only a Media Literate person who would be able to evaluate how the medium he/she is using is performing on these counts. Such an evaluation will help him/her in d eciding to continue with the medium or switch over to another medium or actively engage with its managers in order to improve its overall standards. (Pavlik & McIntosh, 2011) It used to be the case when the term Media Literacy was used entirely in the context of print media. But ever since the invention of the Internet and other digital technologies the methods of information transmission have changed greatly. So, where Media Literacy previously meant the ability to â€Å"decode, understand and communicate in print†

Domestic Violence among African Americans Essay Example for Free

Domestic Violence among African Americans Essay Domestic violence is abuse that occurs within a personal relationship. It can occur between former or current spouses or significant others. Domestic violence doesn’t have a name it affects both men and women of any race, religion; gay or straight; upper class or low class; adolescents, adults, or seniors. But most of its victims are women rather men. While domestic violence is present in all races, the existence among African Americans is significantly higher in the United States. There are many elements that have been shown to stimulate a person to engage in domestic violence examples are failing relationships, lack of employment, poor school systems, violent communities, drug use and the multitude of nearby accessible liquor stores. Experiencing any these situations can lead to strong emotions that can ultimately result in domestic violence. People who experience domestic violence are deeply affected and often live in fear. This plague has broken down and destroyed many African American communities. There are serious physical and mental health risks involved in domestic Violence. Abortion, stress, unconsented sexual encounters, possible suicides, complicated pregnancies and murder are few possible physical results from domestic violence. (Bent-Goodley, 2004) Abuse, control and violence are components of domestic violence. Neither the abuser nor the person being abused are winners in these type of situations. The abuser actions shows characteristics of controlling, anger, oppressor, possessiveness, power and liar. The abusers victims are usually people that can be manipulated, scared and shielded by the abuser. Although the abuser may be an adult most often their mental capacity displays child like behavior. A child will typically throw fits and become angry when things don’t go their way or they didn’t get what they wanted. This anger that possess is shown through mental and physical abuse . Abuser are usually not very open people and they believe that are right in every situation. However, they never take the blame for their actions and tend to blame others, most often their spouse. The victims  of abuse tend to show characteristics of having low self-esteem, sadness and being unconfident about themselves. Often the victim believes that this type of physical and verbal abuse should be inflicted upon them. (Agazie, 2011) Generally, a victim or spouse show signs of previously experiencing an unstable and hostile childhood, and possibly being abused as a child. As a result, they feel like an unwanted and scared child who is weak, instead of like an adult. African Americans who survive domestic violence, child abuse and community violence consistently engage in various types substance abuse at higher rates. (Hill, et al, 2012) African American abusers who has previously used a weapon or threatened their spouse with one during arguments, will more than likely kill them by lethal violence. It is stated that 80% of African American women who have murdered their partners had a history of abuse. Violence and nonviolence have been proven behaviors that are learned. Social and cultural beliefs, outlooks on life, examples, role models influences on whether a person decides to engage in volatile or nonvolatile behavior. It is very key to know how a person elects to use violence or nonviolence. (Wimberly, 2000) Statistics have shown that African American women are more prone to leave an abusive relationship and then return to it compared to white women. (Agazie, 2011) African American women suffer mistreatment over a long period of time and have a tendencies fight back. Close to 50% of victims that attempt to leave their abusive relationship are killed by their partners. (Williams, et al, 2008) African American women are brought up as younger girls under strong religious belief and family values. They are taught at a young age that once you get married you do what it takes not to become a victim of divorce. They are told that it may not be easy but you are married for life once you have made that commitment. With this type of upbringing African American women tend to procrastinate and often hesitate leaving an unhealthy marriage due to their beliefs. Most people don’t not understand the reasoning behind women staying in this form of relationship. While the reasons for their reluctances to leave an abusive relationship are uncertain, some likely justifications would be (1) when searching for a spouse African American women have a smaller amount of choices than White women; (2) African American women’s income is normally lower than of most  White women; (3) Black women are reluctant to call the police due to the trust that African American in the justice system. Unfortunately, most battered and abused Black women find no other way out of the relationship and resort to killing their partners. Losing financial means may also contribute to the reason why African American women of lower class are reluctant to report abuse. The abusing spouse may take care of the victim financially by providing a place to stay, clothes and food and, in order to keep their current living status so they remain quiet about the abuse. Reputation may play a part in why African American women of higher class hesitate to report abuse because they don’t want to put their reputation at risk. Another reason why abused victims remain quiet is because they may not be taken serious by law enforcement. It has been confirmed that domestic violence is treated more like a private family matter rather than serious matter. Typically when law enforcement is called to a domestic violence scene, no arrest is usually made and if they are ever prosecuted the case is usually dismissed. (Hampton, et al, 2008) In many cases I have found that the African American community seems to accept, if not encourage, the domestic violence that exists within it. While it is easy to blame education or social rank for a couple’s behavior or society’s reaction to it, these factors are often not as important as one might expect. A woman with multiple degrees or at the highest level of social strata is as vulnerable to domestic violence as the woman who did not graduate form high school. It equally as likely for a man who is born to an upper middle class family and a man born to a family tha t lives in poverty to participate in an abusive relationship. The Black church has always and continues to be a pillar of strength to Black families and communities. The Black church has been a powerful force in the Black community. Domestic violence is a tough situation to endure, so many African Americans turn to prayer to cope with the difficulties in their lives. (Watlington Murphy, 2006) The Black church has been unreliable and, at times, inadequate in reacting to domestic violence situations. (Bent- Goodley, et al, 2012) For instance on August 22, 2007, Bishop Thomas Weeks, pastor of an independent ministry that worked out of the Global Destiny Church (Haines, 2007) assaulted his wife, Juanita Bynum. This assault is significant not only for the positions held by the participant, but also for the actions taken by the African American  community itself. According to Haines (2007) the community did not speak out against the pastor after the beating. Rather, some members of the community spoke in support for the pastor. Haines quotes one individual as posting a message to Weeks’ MySpace page that read, Bishop Weeks, dont be discouraged, but be encouraged. Stand firm and know that the Lord is mighty in battle†. Haines reports that another community member asked her own pastor about the Weeks domestic abuse case, only to find that â€Å"he had no reaction to the abuse and only provided him with scriptures.† making her wonder what he could offer her if she were a victim of domestic abuse (Haines, 2007). While this situation may be distressing, it is not unusual. According to Jordan (2005) â€Å"When African American men act as bullies toward African American women they tend to engage in active-passive renunciation†, which leaves abused women the choice of speaking out or being ostracized. What kind of message does this send? As a young girl I watched my mother be abused countless times by my very own father. She endured this abuse for many years and it appeared as though she would never leave him. It was as if she was accepting of it or had merely gotten used to it. Then one day after 13 years she left and didn’t look back. Although she didn’t speak out about it, she removed herself from the situation. Most of my family knew about the situation but never brought it up. Years later my father eventually changed for the better. I believe that change has to come from within. You can acquire help and assistance but until you want to change no one can help you. It is difficult to create successful programs and mediation approaches that are geared towards domestic violence without fully understanding how African Americans grasp and distinguish this disease. (Bent-Goodley, 2013) Domestic abuse is not distinctive to the African American community. As it stands, whether an African American woman is rich or poor, educated or not, she is at grave risk of being abused by her partner. As it stands, that woman is also at grave risk of being rejected by her community and even her family, if she speaks up about her abuse. Domestic abuse is not limited to only woman but the percentages are outstandingly high compared to an abused make victim. This violence must come to an end. Through education from within, it might be possible to initiate change. References Williams, Oliver J.; Oliver, William; Pope, Marcus. (2008). Domestic Violence in the African American Community. Journal of Aggression, Maltreatment Trauma, Vol. 16 Issue 3, p229-237. 9p. Agazie, Maxine. (2011). Cultural Considerations Impacting Domestic Violence Among African American Women: Implications for Social Work. Conflict Resolution Negotiation Journal, Issue 1, p138-141. 4p. Watlington, Christina G.; Murphy, Christopher M. (2006). The roles of religion and spirituality among African American survivors of domestic violence. Journal of Clinical Psychology, Vol. 62 Issue 7, p837-857. 21p. Bent-Goodley, TB. (2013). Domestic Violence Fatality Reviews and the African American Community. HOMICIDE STUDIES, Vol. 17, Issue 4; p375-p390. Bent-Goodley, Tricia B. (2004). Perceptions of Domestic Violence: Health Social Work, Vol. 29 Issue 4, p307-316. 10p. Hill, Nicholle; Woodson, Kamilah; Ferguson, Angela; Parks, Carlton. (2012). Intimate Partner Abuse among African American Lesbians : Prevalence, Risk Factors, Theory, and Resilience. Journal of Family Violence, Vol. 27 Issue 5, p401-413. 13p. Campbell, Jacquelyn; Campbell, Doris W.; Gary, Faye; Nedd, Daphne; Price-Lea, Patricia; Sharps, Phyllis W.; Smith, Cheryl. (2008). African American Womens Responses to Intimate Partner Violence: An Examination of Cultural Context. Journal of Aggression, Maltreatment Trauma, Vol. 16 Issue 3, p277-295. 19p Bent-Goodley, Tricia; St. Vil, Noelle; Hubbert, Paulette. (2012). A Spirit Unbroken: The Black Churchs Evolving Response to Domestic Violence. Social Work Christianity. 2012, Vol. 39 Issue 1, p52-65. 14p. Wimberly, Edward P. (2000). The Civil Rights Movement as a Potential Mentoring Model for Ending Domestic Abuse. Journal of Religion Abuse, Vol. 2 Issue 1, p33. 16p. Hampton, Robert L. LaTaillade, Jaslean J.; Dacey, Alicia; Marghi, J. R. (2008). Evaluating Domestic Violence Interventions for Black Women. Journal of Aggression, Maltreatment Trauma, Vol. 16 Issue 3, p330 -353. 23p. Haines, E. (2007). Charges against husband put new focus on televangelist. USA Today.com. Retrieved from http://www.usatoday.com/news/religion/2007-09-01-ynum_N.htm Jordan, L. M. (2005). Domestic violence in the African American community. Retrieved from http://new.vawnet.org/Assoc_Files_VAWnet/RoleoftheBlackChurch.pdf

Essay on Themes Pride and Prejudice: :: Pride Prejudice Essays

Essay on Themes Pride and Prejudice:      Ã‚  Ã‚  Ã‚  Ã‚   In this novel, the title describes the underlying theme to the book. Pride and prejudice were both influences on the characters and their relationships. Darcy alienated himself from the others at first because of his intense pride. His prejudice against the Bennet's because of their poverty was also something that he would have to overcome. For Elizabeth, her prejudice against Darcy came from his snobbery. It caused her to not see his feelings for her and to believe whatever Wickman said.      Ã‚  Ã‚  Ã‚  Ã‚   Darcy's fierce pride often alienated him from others. For example, he acted so snobby and superior at the first ball with the Bennet's that they were all turned off by him. His eventual love, Elizabeth, was disgusted at his behavior and formed a prejudice against him. Even after he fell in love with her and proposed to Elizabeth, he completely debased her family. Darcy realized eventually that he was going to have to change. He tried to look at his behavior and analyze why he acted as he did. In the end, he fought his intense pride so that he and Elizabeth could be happy together.      Ã‚  Ã‚  Ã‚  Ã‚   Prejudice was also an issue for Darcy in that he disliked Elizabeth in the beginning because of her low social status, poverty, and socially inept family. Darcy was forced to deal with his prejudice when he fell in love with Elizabeth. This was not easy for him to do but it was necessary. His snobbery was countered by his love for Elizabeth. In the end, he overcame his pride and gave in to his feelings by marrying her in spite of her and her family's shortcomings.      Ã‚  Ã‚  Ã‚  Ã‚   Elizabeth had her own issues with prejudice with which to deal. Darcy's cold arrogance and snobbery prejudiced her from him from the beginning and it took Elizabeth a lot longer time to overcome her prejudices than it did Darcy. This was because Elizabeth was a very caring person and did not like the things that Darcy had said about her and her family. When given the chance, Elizabeth loved to hear about how awful Darcy was, such as when she met Wickman, who was eager to slander Darcy. Essay on Themes Pride and Prejudice: :: Pride Prejudice Essays Essay on Themes Pride and Prejudice:      Ã‚  Ã‚  Ã‚  Ã‚   In this novel, the title describes the underlying theme to the book. Pride and prejudice were both influences on the characters and their relationships. Darcy alienated himself from the others at first because of his intense pride. His prejudice against the Bennet's because of their poverty was also something that he would have to overcome. For Elizabeth, her prejudice against Darcy came from his snobbery. It caused her to not see his feelings for her and to believe whatever Wickman said.      Ã‚  Ã‚  Ã‚  Ã‚   Darcy's fierce pride often alienated him from others. For example, he acted so snobby and superior at the first ball with the Bennet's that they were all turned off by him. His eventual love, Elizabeth, was disgusted at his behavior and formed a prejudice against him. Even after he fell in love with her and proposed to Elizabeth, he completely debased her family. Darcy realized eventually that he was going to have to change. He tried to look at his behavior and analyze why he acted as he did. In the end, he fought his intense pride so that he and Elizabeth could be happy together.      Ã‚  Ã‚  Ã‚  Ã‚   Prejudice was also an issue for Darcy in that he disliked Elizabeth in the beginning because of her low social status, poverty, and socially inept family. Darcy was forced to deal with his prejudice when he fell in love with Elizabeth. This was not easy for him to do but it was necessary. His snobbery was countered by his love for Elizabeth. In the end, he overcame his pride and gave in to his feelings by marrying her in spite of her and her family's shortcomings.      Ã‚  Ã‚  Ã‚  Ã‚   Elizabeth had her own issues with prejudice with which to deal. Darcy's cold arrogance and snobbery prejudiced her from him from the beginning and it took Elizabeth a lot longer time to overcome her prejudices than it did Darcy. This was because Elizabeth was a very caring person and did not like the things that Darcy had said about her and her family. When given the chance, Elizabeth loved to hear about how awful Darcy was, such as when she met Wickman, who was eager to slander Darcy.

Professional Development Plan Essay

Nursing as a career is about providing quality care while upholding the people involved with dignity. Nurses are thought to offer quality care to all regardless their tribe, race, gender, religion or social status in the society. Nurses are called to serve others. As a nurse I want to be the patient’s advocate and do all within my powers to see to it that I put a smile on the patient’s faces. I will offer a patient centered care and the interests of the patient will come first. (Delaney C. and Piscopo B, 2002) A person’s health is affected by many factors including emotional needs, physical needs, spiritual needs and cultural needs. Addressing these needs will be offering quality care as they all work for the well being of the whole person. I personally value caring for others and this will be easy for me. Â  Nursing entails or comprises of three parties for it to proceed successfully. These are the environment, the patient and health. The patient includes the sick person, his or her family members and the community as a whole. A nurse is responsible in ensuring that quality care is offered. This is only achievable if an all inclusive approach is used. I would incorporate the patient and his family in the decision making so that our relationship with the patient and his family is not dead. Failure to include all parties calls for negative appraisal by the patient or his relatives. The environmental factors include internal and external factors and they comprise the social, economic, political, legal and ethical perspectives. Â  A better understanding of people’s cultural backgrounds and spiritual aspects explains why some regard health the way they do. Patient’s satisfaction levels will be higher if their needs are well addressed. A baccalaureate prepared nurse has developed from a generalist nurse to a complex nurse who exercises leadership in disease prevention or illnesses. He or she is an instrument of change who can invent creativity in ensuring that nursing incorporates emerging health needs an addresses them amicably. Such nurses are leaders and change agents. On completion of the degree course one can advance by taking a masters program. The nurse will be able to better handle prevention of diseases and thus works to see a healthy community. Â  The nurse will provide a patient advocate care where care will be through collaborative interactions between the patient and other care givers. He or she will be an advocate of change and will work tirelessly innovating new concepts or ideas that will improve the current predicaments in health care provision. Such a nurse has the capacity to make clinical judgments in all areas be they industries or hospitals. They are qualified for community health nursing. Options of where such a nurse can pursue include in home care, community based health agencies, nursing homes, government and industries. A baccalaureate nurse provides competent care and is a good teacher who can organize transcultural nursing care for all parties in the community. He or she is able to use critical thinking in providing therapeutic care. Communication with other health care givers should be effective and he ought to be at the fore front in advocating for positive changes in the health system. He will be able to manage care for all parties and provide preventive care measures like educating the masses on the critical issues. He will adopt an all inclusive approach in care giving in meeting the health needs. The nurse should read, well interpret and analyze nursing practices. He should be keen in the society and he should follow the professional growth and hence a member of a nursing organization that offers such supportive background. Such a nurse will offer competent care while respecting beliefs and values of patients. (Archer A, 2000) Role transition from acquisition of the BSN will work to increased skills or attributes like unique skills, know how and nursing expertise through learning. It will equip me with appropriate skills. The BSN will help me advance in my career. My thinking capacity will be replenished through the program and critical thinking in sensitive issues will be possible. I will be able to come up with other measures that ensure that quality community health is attained. I will improve my self awareness which will be an important step in enabling me to produce culturally sensitive care. (Eckhardt et al, 2002) My short term goals will be to improve on the quality of care I offer. Acquisition of necessary skills will equip me in achieving this cause. I also want to better understand myself so that I can better understand others. I would also like to advance my leadership skills and communication skills to better link with parties in the health care facilities. My long term professional goals are to be among the policy makers so that I can better advocate for the patients. I want to be contributing in the designing and implementation of quality community health care programs. I also want to pursue a master’s degree to enhance my skills and this will see me move to becoming a nurse manager in the community health department. To achieve the desired professional development I will graduate from a RN to BSN or Baccalaureate nurse and achieve a master’s degree. I will also join an organization that will work to enriching my skills by providing a conducive environment. Advancing in education is crucial as it translates to acquisition of more skills and thus becoming better qualified to perform tasks at hand. Continued education enables one perpetuates his or expertise thus making people better of in their areas of specialization. Mentorship programs are very crucial for all nurses regardless their gender or area of specialization. Mentors help one to learn the tricks in the career or how to go about challenges that are bound to occur. (Eckhardt et al, 2002) Nursing entails a lot of challenges that see many quit. Male nurses are quite vulnerable in quitting due to the discrimination that they face. Introduction of mentors and support systems will encourage them to persevere despite the challenges. Achieving the set goal will entail a lot of studying and one must be committed to multitask between the studies and the practical lessons for instance the research on the fields. Critical thinking will only be achieved through serious concentration and losing such focus will hinder attainment of the goals. Financial constraints could also threaten attainment of the goals as one need to pay for the masters program which is expensive. Intrapersonal and cultural factors encourage pursue the program while racism poses a threat to the effective establishment of baccalaureate nursing programs. Time frame for the steps on the development plan will entail approximately 10 years. Qualifying as a registered nurse or RN with a baccalaureate will take 4 to 5 years 3 of which will entail attaining diploma education and 2 in acquiring an associate degree. Transition from RN to BSN will take 2 to 3 years and from BSN to MSN will take 2 years. References: Eckhardt A, Anderson M, Campbell E Clarke E., Pavlish L. 2002: A theoretical framework for RN to BSN education. Nursing Education Perspectives. Archer A.2000. Fundamentals of nursing. There really is a Difference: Nurses’ Experiences with Transitioning from RNs to BSNs. Springhouse. Delaney C. and Piscopo B. 2002. Journal of Professional Nursing, Volume 23, Issue 3, Pages 167-173.

Equal Exchange: Trading Fairly and Making a Profit Essay

I, Executive Summary Equal Exchange is a for-profit Fair-trade worker-owned, cooperative company. Founded in 1986, it is the oldest and largest Fair Trade coffee company in the United States. Equal Exchange began with $100,000 as started up funds and a 2,000-quare-foot room in Boston’s South End. It purchased coffee beans from small-scale farmers at above-market price in Latin America. Initially, EE relied on other roasters and packers to prepare the premium coffee beans.  It sold to natural food grocers, gourmet shops, restaurants, and non-profit organizations. The company’s founders wanted to help famers get a better, more stable price and, at the same time, take advantage of the growing consumer demand for higher-quality â€Å"specialty† coffee. However, after 25 years in business, and 10 of which were spent as the only fair trade company in the coffee industry, Equal Exchange’s tremendous success seemed to have come to a screeching halt. If the impact of price increases is excluded, for a second year in a row, its revenues have grown only 2 percent. This is hardly acceptable comparing with the double-digit growth it had been through for the previous 15 years. Additionally, over the past few years, consumers have begun to show a strong desire to purchase products from local businesses, thus increased competition from local roasters. Moreover, there is a major push by companies to offer a wide variety of green, organic, and wholesome food products. There are so many new initiatives developing and it may be possible that fair trade products will not stand out so much anymore. As a result, Equal Exchange is likely going to fail into the red zone in next few years, if nothing is changed. Since EE has become a famous brand, I highly recommend EE’s staff to continue expand its potential in producing new products and starting to offer service, in order to solve listed problems. More specifically, in business strategy, EE need to keep following its broad differentiation strategy. However, it needs to create more products in order to be able to compete with many competitors. EE has been taking customers’ trust in its products, so that producing new ones would bring its customers into experiencing them no matter what. There were still various fairly traded goods that EE did not offer, and they might become preferred products. In corporate strategy, if EE choose to start offering service, this would be consistent with the company’s mission such as ecotourism to coffee or cacao growing zones to support those communities. II, Introduction In 1983, Rink Dickinson, Jonathan Rosenthal, and Michael Rozyne were all recent college graduates and working for a food co-op warehouse in the Boston area. They began to question the system such as, â€Å"What if food could be traded in a way that is honest and fair, a way that empowers both farmers and consumers? What if trade supported family farms use of organic methods  rather than methods that harm the environment?† Almost simultaneously they started to hear about groups in Europe who were doing Fair Trade. The advocates of Fair Trade wanted to ensure that the producers of products such as coffee, teas and chocolate would get a better price for their crops while supporting improvement in their environmental, social and political conditions. Rink, Jonathan and Michael liked the idea. According to Rink, they â€Å"were basically food co-op people, interested in connecting small, local farmers with consumers to change the marketplace.† It was not their intention to found a company at that time. They took the idea to the Board of Directors of the co-op warehouse. Half of the board supported the idea and half voted against it. It became apparent to them that if they were going to pursue their vision, they were going to have to develop an organization. Over the next three years they met once a month to develop the plans and raise the capital for founding their own organization. During that time Rink said they used their jobs to learn about cooperatives, small farmers, entrepreneurship, marketing and â€Å"making mistakes, right and left.† The food co-op gave them â€Å"a great environment to learn some skills†. In 1986, Rink, Jonathan and Michael decided to launch Equal Exchange (EE). By that time, their ambition was â€Å"†¦to change the way food is grown, bought, and sold around the world.† The founders decided to meet once a week – and did so for three years — to discuss how best to change the way food is grown, bought, and sold around the world. At the end of this time they had a plan for a new organization called Equal Exchange that would be: A social change organization that would help farmers and their families gain more control over their economic futures. A group that would educate consumers about trade issues affecting farmers. A provider of high-quality foods that would nourish the body and the soul. A company that would be controlled by the people who did the actual work. A community of dedicated individuals who believed that honesty, respect, and mutual benefit are integral to any worthwhile endeavor. Around 1991, Equal Exchange established itself as a Fair Trade specialty coffee company, offering loyal food co-op customers a store bin system with a full line of beans, decaf coffee, different roasts, and flavored coffees. By the end of the year what had once been the â€Å"pipe dream† of reaching $1  million in sales had become a reality. By 1994, Equal Exchange was a worker-owned cooperative with 20 members—with departments, managers, and a growing number of outside investors. A pivotal early investment by the Adrian Dominican Sisters helped to alert others that this undertaking, however risky, might be worthy of outside financial support. Another exciting chapter in our history started in 1996, when Equal Exchange joined with Lutheran World Relief in a path-breaking collaboration to launch what has now become our Interfaith Program. This major initiative helped Equal Exchange create partnerships with communities of faith throughout the U.S. Over the next seven years more than 10,000 congregations across the U.S. began using our Fair Trade coffee. III, Assignment Question 1. Question 1 What are the strategically relevant components of Equal Exchange’s macro-environment? Are socio-cultural, environmental, economic, and other components of the macro-environment favorable to the sellers of fair trade food and beverage products? Does the industry offer attractive opportunities for growth? a) Strategically relevant components of Equal Exchange’s macro-environment Political factors: There were no laws in the U.S restricting the use of the term â€Å"Fair Trade† on a product labels. This makes it is a little difficult for EE to prove themselves overwhelming their competitors. Economic conditions: In 2010, Fair Trade USA reported that there were over 9,500 fair trade-certified consumer products being offered by 700 industry partners in more than 600,000 retail locations. Paul Rice, the president and CEO of fair Trade USA, said that in 2010 the fair trade retail sales market was $1.4 billion in the U.S and $3 billion in Europe. Socio-cultural forces: EE developed advertisements, implemented public education campaigns, partnered with religious organization, and created a school fund-raising program. EE also offered a wide variety of fair trade product. Technological factors: EE was effective in creating messages about the origins of products and where consumer dollars went. For example, it used logo and labels that suggested consumers could have a great cup of coffee or bar of chocolate while feeling good about them. It also created a website as a place for consumers to connect to the farmers who grew the products they bought. Legal and regulatory factors: Fair Trade USA has  certain guidelines for participating business to follow, including EE. Fair trade certifiers agreed on eight basic principles, which are: + Long-term direct trading relationships + Prompt payment of fair prices and wages + No child, forced or otherwise exploited labor + Workplace non-discrimination, gender equity, and freedom of association + Safe working conditions and reasonable work hours + Investment in community development projects + Environmental sustainability + Traceability and transparency b) Are these factors favorable to the sellers of fair trade food and beverage products? This depends on the product itself, though these factors do make products are increasingly imported over more than a decade from 1998 to 2010. Some products have great growth rate, such as tea (38%), sugar (60%), cocoa (67%), and vanilla (97%). On the other hand, some products are not favorable to consumers, such as produce (2%), flower (0%), and wine (-63%). c) Opportunities for growth The far trade movement caught on in 2000 when many companies began to follow the same path as EE – more specifically, into the business of fair trade coffee. Basically, the industry still offer very attractive opportunities for growth due to its growth rate, but it is quite difficult to reach those opportunities due to rivalry. 2. Question 2 Explain the competitive pressures facing the fair trade food and beverage products industry. What does a five-force analysis reveal about the nature and strength of the competitive pressures facing Equal Exchange? Which of the five forces is the strongest? Which of the five forces is weakest? a) The competitive pressure facing the fair trade food and beverage product industry. Fair trade coffee was EE’s primary product, accounting for 80 percent of sales in 2010. At that point, there were over 300 companies in the U.S that provided fair trade coffee. EE managers admired the social mission of some of these companies and even considered those who were truly committed to far trade to be friends. However, they were also competitors. There were two groups of competitors to EE. One class consisted of larger companies that competed in the high-end, organic coffee market, but also got involved in fair trade coffee. The other one were small, local, and regional competitors operating in different areas off the U.S. There are a lot of name can be pointed out, such as Starbuck, Green Mountain Coffee, Deans Beans, and Thanksgiving Coffee. With this much rivalry, EE sure had a great pressure in the industry. b) Five-forces analysis Threat of new entrants: Since fair trade food and beverage products industry is a profitable market that yield high returns, new firms would be attracted. But this is not a problem for EE to concern, because it knows those farmers and their struggles. Nevertheless, when it came to rivalry, EE’s values provided a much different outlook than a typical business. Threat of substitute products: Coffee is a special product with hardly substitute product, so this is not really a threat for EE. Bargaining power of customers: EE partnered with fair trade advocacy organizations, such as Global Exchange, to create a nationwide public education campaign. In 1996, EE partnered with Lutheran World Relief to create something that later became known as the Interfaith Program, and it raised relief funds for farmers in Nicaragua who were hit hard by Hurricane Mitch in 1998. These partnership helped EE generate revenues, create goodwill within communities, and create awareness among consumers about fair trade products. Bargaining power of suppliers: EE’s promise to provide consumers with reasonably priced, good quality food, all while fairly paying the farmer who produced the goods was quite unlike most other companies. Intensity of competitive rivalry: As mentioned before, there are many strong competitors against EE, both as small and large ones. Addition, the fair trade industry is open, so competing is unavoidable. Though EE do not mind too much having many competitors, those ones still create barrier for them to reach more customers. To be concluded, threat of substitute is the weakest force and intensity of competitive rivalry is the weakest force. 3. Question 3 What are the key elements of Equal Exchange’s strategy? Which of the five generic strategies is the company pursuing? How has the cooperative integrated corporate social responsibility into its business strategy? a)  Key elements of Equal Exchange’s strategy EE wanted to change traditional purchasing habits and make consumers more aware of where products came from and who was responsible for making them. At the same time, it wanted to encourage consumers to buy more fair trade products. To do that, EE use advertising in packaging and labels, website, and public awareness. Also, it created interfaith program, applied fundraising program and outbid their competitors in terms of product variety. b) Generic strategy EE follows broad differentiation strategy.  EE’s promise to pride consumers with reasonably priced, good quality food. Though it tried to keep their price lowest as possible, it still fairly paid farmers quite a lot even if coffee prices in the world’s commodities exchanges dropped below the fair trade minimum price. It also focused on keeping their quality on products in any condition. c) Cooperative integrated corporate social responsibility EE worked with financial institutions to give farmers pre-harvest loans with affordable 8 to 9 percent short-term interest rates. Brokers typically offered loans at much higher rates of 25 percent. EE also guaranteed a quarter of each pre-harvest loan. It thus shared the risks associated with misfortunes, such as hurricanes, that could destroy a cooperative’s crops. EE bought the coffee beans once a year, as soon as they were harvested (even though this tied up its capital in inventory). In terms of employee, EE wanted to cultivate excellent working relationships with its employees. Its managers believed that a democratic work environment in which employees shared responsibility for decision making would lead to higher levels of job satisfaction, morale, and productivity. It made sure that the pay gap between the highest-paid manager and the lowest-paid employee was reasonable. Besides, EE sought to reconnect consumers with the farmers who grew their food. When consumers saw a brand-name product in the supermarket, EE wanted them to realize that there was often a person toiling away for little pay behind it. By raising such awareness, the company hoped to direct consumers towards products for which farmer got paid higher prices so they  could better support their ways of life. 4. Question 4 What are Equal Exchange’s competitively important resources and capabilities? Which of its resources have the greatest competitive power? Are any of its resources and capabilities able to pass all four VRIN tests for sustainable competitive advantage? Explain. a) EE’s competitively important resources and capabilities Worker co-operative model: EE believed strongly in creating better, healthier relationships with the Earth, with farmers, its workers, and with the consumer. Worker-owners enjoyed many rights and responsibilities and democratically controlled the workplace. At EE, a co-executive director, a roaster, a packer, and a customer service representative were equal, with one share and one vote per person. This makes every employee of EE want to contribute their best to the company. Marketing strategies: EE wanted to change traditional purchasing habits and make consumers more aware of where products came from and who was responsible for making them. This leads to many well-crafting strategies, such as interfaith program and fundraising. Supplier: Unlike other companies, EE wanted its suppliers, farmers specifically, to be paid more, not less. So, it sought out fair trade-registered co-operatives that enabled small-scale farmers to pool their resources, increase their power in the market-place and share the costs of upgrading their operations. These farmers were trained in how to acquire information on market trends and in how to cultivate high-quality crops . b) Unique resources and capabilities The only resource or capabilities that is able to pass all four VRIN test for sustainable competitive advantage is worker co-operative model. Value: It is difficult to find good employees, but it is much harder to keep good employees to work for the company. That is the reason why building relationship between employees is very important, and critical. EE’s worker co-operative model is showing its precious value for this part. Rare: Treating everyone the same is really rare. Normally, the higher-ups receive much more respect than lower staffs do, but EE deals nothing like that. This hardly can be found in any other company, which makes it a unique component. Inimitable: Human relevant is the only one that is inimitable. EE’s worker co-operative model makes its workers feel comfortable, as everyone is equal. Therefore, employee loyalty is guaranteed and untouchable from external conditions. Non-substitutable: EE built up its image with equal employees, and no other capability can replace this. EE likely is said to stick with its worker co-operative model at anytime, and the way around. It is hard to find another company which can apply this model better than EE. 5. Question 5 What does a SWOT analysis reveal about Equal Exchange’s ability to seize market opportunities and nullify external threats? Strength Experienced in the market High social awareness Technology up-to-date Unique work model Good financial performance Weakness Lack of consumer awareness Unsatisfactory working condition Farmer exploitation Opportunities Expanding business Offering new products Threats Many wealthy competitors Unstable market Table 1: SWOT analysis of Equal Exchange EE can use its strength to seize opportunities and nullify threats. More specifically, due to high social awareness and with technology up-to-date, EE can easily expanding its business into other activity, such as services. Otherwise, it can produce new products that have not been offered in fair trade market. On the other hand, with experience in the market, EE can find a way to compete with competitors in the fair trade market using its good financial performance. 6. Question 6 What is your assessment of Equal Exchange’s financial performance and condition? Is the company in good financial shape? Why or why not. Use financial ratios in Table 4.1 to help support your assessment. Figure 1: Equal exchange sales growth Since importing its first coffee container in 1986, EE had become the leading fair trade brand of food and beverages in the U.S. This helped the co-operative achieve a trend of double-digit revenue growth. However, the recession that struck the U.S changed the outlook for business. The financial data for the fiscal year of 2006 through 2010 demonstrated EE’s growth and showed whether the co-operative was able to weather the economic downturn. Figure 1 demonstrates EE’s growth of sales from fiscal year 2006 to fiscal year 2010. In 2006, success in many areas defined much of EE’s 14 percent increase in revenues, which translated into an additional $2.86 million in annual sales. In particular, sales were exceptionally strong in the West Coast region. Another key contributor to sales was EE’s chocolate products, which were a hit in 2006 because the quality chocolate market was seeing growing demand, or a â€Å"renaissance†, as EE called it, similar to what occurred with specialty coffee 20 years prior. While this was occurring, EE simultaneously expanded its chocolate line to products such as organic dark chocolate, organic mint chocolate, and organic chocolate syrup. This expansion allowed the company to ride the growing demand for quality chocolate. EE also introduced three new tea bagged products, which helped increase tea sales 35 percent. Till 2010, it is a hard time as coffee and chocolate prices continued to rise. EE was faced with a difficult challenge of helping farmers during this time, providing customers with stable prices, and maintaining a profit margin consistent with the co-operative’s goals. Sales totaled $36,525,856. This growth of roughly 2 percent was relatively flat for the second year in a row. The growth experienced was due in part to the notable increase in EE’s direct sales to food co-operatives. This is something the co-operative did to avoid the use of distributors.

Exxon Valdez Essays - Exxon Valdez Oil Spill, Oil Pollution Act

Exxon Valdez Essays - Exxon Valdez Oil Spill, Oil Pollution Act Exxon Valdez INTRODUCTION On March 24, 1989 at 4 minutes past midnight, the oil tanker ExxonValdez struck a reef in Alaska's breath-taking Prince William Sound. Instantaneously, the quiet waters of the sound became a sea of black. We've fetched up - ah - hard aground north of Goose Island off Bligh Reef, and - ah - evidently leaking some oil, Joseph Hazelwood, captain of the ship, radioed the Coast Guard Marine Safety Office back in Valdez. That some oil turned out to be a total of 11,000,000 gallons of crude oil leaking from the ruptured hull of the ship. By the time a containment effort was put forth, a weather storm had helped to spread the oil as much as three feet thick across 1,400 miles of beaches. A little over ten years have passed since the largest oil spill and the greatest environmental disaster in American history, but the waters and its surroundings are still recovering. At first, many people repeated what was then thought as common knowledge, oil dissipates, nature heals quickly, all will be well in a year or two. This has not been the case with the Exxon Valdez. This massive 987-foot tanker has left a lingering, long-term effect on the natural habitat that surrounds these pristine waters, along with an enormous socio-economic effect that has left many people wondering when and where the next oil spill will be. Many associated with the recovery process, and its more than one hundred projects per year, say it will take longer than a human lifetime to determine if a full recovery is possible (Fine 1999). RESULTS AND DISCUSSION The Exxon Valdez oil spill was initially thought of as a two to three year clean-up project. As time went ahead, scientists and clean-up crews realized that it would take a longer period of time and require a lot more effort than originally planned. Up to this point, the oil has contaminated a national forest, four wildlife refuges, three national parks, five state parks, four critical habitat areas and a state game sanctuary, which spreads along 1,400 miles of the Alaskan shoreline. Recent scientific studies show that the oil continues to wreak havoc among many spawning salmon, herring, and other species of fish. This is even more devastating when considering that much of the wildlife around the sound is dependant on the high calorie, high fat content of the herring as their prime food source. Among the many casualties were 2,800 sea otters, 300 harbour seals, 250 bald eagles, as many as 22 killer whales, and an estimated quarter-million seabirds. It is unclear how many billions of salmon and herring eggs and intertidal plants succumbed to the oil smothering. Within an ecosystem, each living thing depends on other living things. That means that when the fish died in Prince William Sound, there was less food for the seals that normally eat them. As those seals died, there was less food for the killer whales that eat seals (Knickerbocker 1999). This has led to a domino effect within the food chain, victimizing many of the animals surrounding the area. Intertidal mussel beds are still contaminated to this day. Twenty-three species of wildlife were effected by this oil spill, and only two species, the bald eagle and the river otter, have fully recovered. The species that are well on their way to a comeback include pink salmon, Pacific herring, sea otters, mussels, black oyster catcher, common murre, marbled murrelet, and sockeye salmon. As with any environmental disasters, there are some animals that are showing little or no clear improvement since the spill occurred. This group includes harbour seals, killer whales, harlequin ducks, common loons, cormorants, and the pigeon gullomot. In some areas, that have been hardest hit by the oil spill, many of the species have an elevated level of mortality. Even though the Exxon Valdez is the most-studied oil spill in world history, it is also a particularly difficult one to research because of the lack of baseline data on the ecology of Prince William Sound (Birkland 1998). Among all the animal casualties, there is another victim, people. Thousands have been forced to bare the consequences of the Exxon Valdez oil spill. Throughout the years, the waters of Alaska have

Annunciation vs. Enunciation

Annunciation vs. Enunciation Annunciation vs. Enunciation Annunciation vs. Enunciation By Maeve Maddox I read the following in an NPR (National Public Radio) transcript: Im articulate, which means that when it comes to annunciation and diction, I dont even think of it cause Im articulate.   My first reaction was to smile at what I assumed was an amusing typo, perhaps the result of a mechanical voice transcription error. But then I decided to see if I could discover other examples of annunciation used in contexts calling for enunciation. I found quite a few. Not surprisingly, many of the errors occur on amateur sites and forums where correct spelling is not an issue: He had a pretty heavy lisp, and the thing that was most pronounced was his over-annunciation of words so that his speech was very slow and drawn out. Almost 5 [years old and] has annunciation issues. just started speech therapy 2x week 30 minutes each. It’s just an overall annunciation issue, rather than a particular sound. More surprising is finding the error in a professional context, on sites offering speech therapy and in documents posted on government sites: [Our] speech therapists help adults who have problems understanding written or spoken words, feeding and swallowing, or speaking clearly with appropriate annunciation and tone. Our daughter is six years old and is being teased at school for her annunciation. (A parental testimonial featured on a professional site’s landing page.) While he has come a long way, he is still very behind in his pronunciation and annunciation. (Petition requesting insurance coverage for speech therapy) The word annunciation means announcement. The word is closely associated with a particular announcement: the one made to Mary regarding the impending birth of Jesus: And the angel said unto her, Fear not, Mary: for thou hast found favour with God. And, behold, thou shalt conceive in thy womb, and bring forth a son, and shalt call his name  Jesus.–Luke 1:30-31, KJV. This use of Annunciation is always capitalized: One of the most famous paintings of the Annunciation is one attributed to Leonardo da Vinci and Andrea del Verrocchio. Enunciation, on the other hand, refers to the clear utterance of speech sounds: If youre looking to improve your childs  enunciation, its best to begin with an evaluation by a speech-language pathologist.   No vocal warm-up is complete without reciting a few  enunciation  exercises. One way to keep the words apart is to pronounce the a in annunciation as a schwa sound and the e in enunciation as a long e sound, as in he. Note: The schwa sounds like â€Å"uh.† Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Misused Words category, check our popular posts, or choose a related post below:Program vs. ProgrammeYay, Hooray, Woo-hoo and Other Acclamations50 Synonyms for "Song"

Corporate Finance Essay Example | Topics and Well Written Essays - 500 words - 6

Corporate Finance - Essay Example Due to recessionary conditions and down side of economy, there is no immediate chance of recovery. Accordingly, Qantas Airways, which has leveraged beta of 1.25 is certainly a more risky company compared to any other company in the table. Above table suggests that business risks associated are lowest with Telstra Corp. and Coca Cola companies for having lowest beta of 0.16 and 0.15 respectively. Highest business risks are associated with BHP Billiton and Rio Tinto with beta of 0.52 and 0.43 respectively. As table indicates for the companies where finance risks are low (like CSL and BHP Billiton), business risk is high and the companies with high finance risk (like Coca-Cola and Telstra), business risk is low. Thus when we compare business risk with finance risk, we find that both are not consistent. Further, comparing the figures of shareholder’s return of BHP Billiton and Coca Cola, we find that both have given almost same returns; however, there is a vast difference between their business risks and financial risks profiles. Obviously, they are following Modigliani and Miller theorem that value of the companies are independent of its capital structure. 3. BHP Billiton and Rio Tinto though belong to the same industry sector; they have vastly different debt-equity ratios. Rio Tinto is a high leveraged company and its return on equity in percentage terms is less than that of BHP Billiton, which indicates that servicing cost of debt lowers down the percentage return on equity. In other words we can say that higher leveraging does not bring any additional return to the equity holders. Total shareholder’s return too in case of Rio Tinto is only slightly less compared to that of BHP Billiton’s shareholder’s return. Despite large percentage difference in return on equity, there is not a proportionate difference on the value of total shareholders return. In short, above set of Australian companies do not seem to