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Analyse Determinants Of The Capital Structure Of A Company - 275 Words

Analyse The Determinants Of The Capital Structure Of A Company (Statistics Project Sample) Content: REGRESSION ANALYSIS OF THE FACTORS AFFECTING THE CAPITAL STRUCTURE OF A COMPANYNameClassProfessors NameInstitution, City and StateDateIntroductionThis essay is based on the analysis of the determinants of the capital structure of companies using the multiple linear regression analysis which is done using the ordinary least square method. Capital structure of a company can be explained as the ability or how the given company finances its day to day operations and the overall growth of the company using the available different and diverse sources of funds and capital. For any company to growth there is need for a better capital structure where the company is able to grow faster without liabilities or undergoing financial strains. This analysis involved the use of 697 financial companies in the United Kingdom which are listed in the London stock exchange and other 628 non financial companies from China. The data relating to the various variables was collected and analyz ed using Microsoft excel. A regression analysis was carried out for the variables and the results of the data analysis summarized in the paper.Variable definitionIn the analysis of the capital structure of the company, the study used a number of financial ratios and values to measure how the company finances its operations to and ensure growth. The dependent variable in this analysis was the leverage ratio of the company which was calculated as the ratio of total debt to total assets of the company.The explanatory variables in this analysis are the tangibility of the company which is the ratio of property plant and equipment to total assets, the market to book ratio of the companies which is the (total assets - book value of equity + market value of equity), the size of the given companies which is measured by the logarithm of the total sales made by the given companies under study and the profitability of the companies given by the ratio of earnings before interest and tax to total assets.Brief analysis of past literature on the determinants of capital structureThis section provides an analysis of the previous studies and researches which have been done on the determinants of the capital structure of companies. It provides a detailed analysis of those literature including the data used, methods used by the studies for analysis of data. The variables they also applied in the analysis of capital structure determinants. The result, findings, limitations, conclusions and recommendations of these studies have also been analyzed in this study.Literature reviewHan suck Hong (2005) carried out a study on the determinants of the capital structure of the companies in Sweden using empirical estimation. He used data of around 6000 companies and using a wide span of years from 1992 to 2000. This provided enough data for him to arrive at reliable conclusions and provide robust results which would be applied later by other researchers. The study concluded that the companies in Sweden are highly leveraged that is they have a high leverage ratios and also the short terms debts of the companies formed the major part of the total debts of the companies. The study used the leverage ratio as the depend variable and the explanatory variables were , tangibility of the companies used in the analysis, the non-debt tax shield of the companies, profitability of the company, the size of the company, the expected growth, uniqueness of the companies under study, the income variability of the companies, and time dummies. The study also separated the long term debts and the short term debts of the companies. In the findings, he found that the tangibility of the companies were positively related with the long term debts and negatively related with the short term debts of the companies. He also encountered some limitations in the data since it was difficult for him to separate the short term debt determinants and the long term debts determinants.Nelson Vergas et al ( 2015) carried out a research on the determinants of the capital structure of the listed companies in Portugal using non- financial companies. They used the following factors and determinants of the capital structure of the companies namely; the tangibility of the company, the profitability of the company, other sources of tax optimization of the companies, growth opportunities, the size of the company and the market value. The results showed that the profitability had a negative impact on the companies; both the growth opportunities and other sources of tax optimization had a positive impact on the capital structures. They employed the use of regression equations to carry out the analysis and measure how much the determinants of the capital structure affected the leverage ratios of the selected non-financial companies. In their research, they concluded the supremacy of the pecking order theory where the managers of the companies made decisions. They concluded that the most important factors which affect the debts ratios of the companies where the profitability which was negatively related and the growth opportunities of the company had a positive impact on the leverage.DataThe data which was used in this analysis was obtained from 697 financial companies listed in the London stock exchange and other 628 non financial companies from the United States which are also listed in China. This gave a total of 1325 companies which would provide enough data to produce accurate and reliable information. There was no specific method used in the collection or selection of the companies but the study used companies whose data was convenient to obtain and those which had a higher market values. The data was collected for the most recent financial statements of the companies which were the end of the 2016 financial year reports. The choice of the most recent financial statements would help obtain accurate and reliable results due to the changing capital structures of the comp anies in general which changing customer needs and the market.MethodologyThe study employed the multiple linear regression technique where the dependent variable which is the leverage ratio was regressed against the explanatory variables of, tangibility, market to book value ratio, size and profitability. The ordinary list square method was applied to estimate the parameters of each of the determinants of the capital structures. The significance and detailed explanation of each of the parameters in relation to the factors they represent was provided. The adequacy of the model was tested and the necessary conclusions made in the study. The predictability of the model was also tested to provide more reliable and robust results from the analysis which would be used to make future decisions which could affect the companies both short term and long term performance. The necessary conclusions from the results of the data analysis have also been made and further recommendations.Data analy sis and empirical resultsThe results of the data analysis have been summarized in this section and the necessary conclusions done from the results. The regression equation is given by the following equationThe regression equation from China companies is given by;R-squared value 0.6245The regression equation for the United Kingdom companies is given by;R-squared value 0.0013Discussion of the results and comparison of the results from the two countriesTangibilityFrom the data results above, it can be seen that the companies in china had a leverage ratio negatively related with the tangibility. This means that an increase in the tangibility of those companies led to a decrease in their leverage ratios. The data for the companies in the UK, the analysis showed that an increase in tangibility showed an increase in the leverage ratio of the financial companies selected in the UK. This showed that with increase of the tangible assets of the companies in the UK led them to borrow more usin g the assets as securities hence raising their leverage ratios. While in china where the non- financial companies were selected, increased tangible assets decreased their debts hence decrease in the overall leverage ratios.SizeThe size of the company in this case had a positive impact on the leverage ratio of the given companies under the study in the UK. In china, the size of the company had negative impact on the leverage ratio of the company. The large the size of the company which is this case was measured by the logarithm of the total sales made by the company, the higher the leverage ratio for UK and the lower the leverage ratio for the China companies. Large companies tend to borrow more in terms of debts. This is to help them finance their activities and day to day operations of the given company. In the data analysis it was noted that most of the financial companies were much affected by the size in terms of the leverage ratio. Financial companies were much affected by the short term debts while the non financial ones were much affected on the basis of their long term debts. The overall conclusion is that the increases in the size of the company led to a corresponding increase on the leverage ratio since higher companies tend to borrow large debts as compared to small companies. This shows that the small companies were more strained in terms of the total term debts and had to take borrowing to finance their activities and investments. For the non financial companies in China, the higher the size of the company the lower the leverage ratios of these companies. This showed more sales led to fewer debts to the companies in china which has led to the growth of the companies and decrease in the leverage ratios.ProfitabilityIn this analysis the profitability of the company had a positive relationship with the leverage ratio of the given companies of the data collected...

Business Marketing and Life Cycle - 1431 Words

Chapter 7, 8, and 9 Questions and Problems Name: Juanita Askew Date Submitted: 10/22/2012 Week Number: Three Chapter/Question: Chapter Seven, Eight, Nine/Questions 1,7,18,2,9,10,1,2,8 1. Discuss the concept of a marketing information system and why it is important for marketing managers to be involved in planning the system. A marketing information system is a management information system designed to support marketing decision making. Trend in the marketing environment are picked up and analyzed through four subsystems making up the marketing information systems the internal accounting systems, marketing intelligence system, marketing research systems, and analytical systems. The information flows to marketing managers to help†¦show more content†¦5. List five brand names and indicate what product is associated with the brand name. Evaluate the strengths and weaknesses of the brand name. Amazon, Hewlett-Packard, Apple, Nike, and Dunkin Donuts. The products associated with these brand names are: purchase merchandise online, computers, iPod, shoes, and donuts. Strengths: Product development. Doesn t invent the market, but its products set high standard s for the market. Weaknesses: Very proprietary and controlling. Won t open the operating system to outsiders to develop hardware to work with the products, keeping hardware sales to it. While this keeps design control inside and up to standards, it has hurt wide adaptation of its hardware, especially computers, where it has a relatively small market share. Apple has veto power over Apps sold. Strengths 1. Competitive brand. 2. No tying up to the factories making it a lean organization. 3. Global brand. 4. Manufacture products at lowest possible price. Weaknesses 1. Lack of diversification in products. 2. Lack of retail stores. 6. Explain family brands. Should Best Buy carry its own dealer brands to compete with some of the popular manufacturer brands it carriers? Explain your reasons. Family branding is a marketing strategy that involves selling several related products under one brand name. Yes, I feel that Best Buy should carry its own dealer brand too compete with some of the popular manufacturerShow MoreRelatedThe Relationship between Differentiation and Positioning of Products or Services849 Words   |  3 PagesSimulation The relationship between differentiation and positioning of products or services Product or service differentiation is the state of your business products and service standing out with uniqueness as compared with other competitors on the same market, while product and service positioning is the product delivery to the consumer. 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There are undifferentiated marketing, differentiated marketing, and concentrated marketing. For undifferentiated marketing, is a market coverage strategy whereby company using single product to attack whole market without concern differences within market. Undifferentiated marketing obtain to mass distribution and massRead MoreUsing Perceptual Maps in Marketing Simulation Summary1214 Words   |  5 PagesUsing Perceptual Maps in Marketing Simulation Summary Nikitta Echols MKT/421 June 13, 2011 Instructor Chrisann Merriman Using Perceptual Maps in Marketing Simulation Summary The Business world is constantly thinking of innovative ideas to accomplish the goal of having an ample amount of information for current and future marketers. Subsequently marketing students were specifically instructed to complete the simulation, Using Perceptual Maps in Marketing, located on University of Phoenix’sRead More Product Life-Cycle Model Essay568 Words   |  3 Pagesanything that satisfies customer need. Each product has its own limited life, however it shares the same aspect and we define the period that the product goes through as the â€Å"Product life cycle†. The Product life cycle consist of four stages starting from introduction stage, growth stage, maturity stage and decline stage. At the introduction stage, the product is not popular and can’t really make a lot of profit. Its marketing cost may be high in order to test a market and set up a distribution channelRead MoreCompare and Contrast the Characteristics of a Growing and a Mature Product Market1034 Words   |  5 Pagesgrowing and a mature product market. Regardless of the value of every product, they all progress through a product life cycle. The phase starts with the introduction of the product and gradually moves to growth, maturity and finally be replaced by new improved products or naturally decline. Each of these stages of product life cycle requires a different marketing mix and research. The life of a product is the period over which it appeals to customers. The sales performance of any product rises fromRead MoreBusiness Environment Past Papers1115 Words   |  5 PagesUnit Title: Introduction to Business Guided Learning Hours: 100 Level: Level 4 Number of Credits: 12 Learning Outcome 1 The learner will: Understand the objectives of a business, what resources they need and to whom they are accountable. Assessment Criteria The learner can: 1.1 Define and show an understanding of the important business terms related to corporate objectives. Indicative Content 1.1.1 Define and show an understanding of the terms ‘corporate aims’, ‘corporate objectives’Read MoreMarketing Concept Of The Production Era876 Words   |  4 PagesMarketing has been in existence since before the 1800’s. It has changed dramatically over the decades. Marketing is the process of creating value for customers and building relationships with those customers in order to capture value back from them. It revolves around a part of the market, aiming for a profitable sector and producing a product that is different from your competitors. Years ago, the marketing concept was making goods available so that people who had needs could buy. There areRead MoreHips Feel Good1124 Words   |  5 Pagespursuing a societal marketing campaign. The core element that defines this decision is quoted by Allen is this: â€Å"Our business has been to sell products, not to satisfy our customers or cure society’s ills. But now we know that we can do both. As long as we keep listening to customers, there is no reason why we can’t continue to stand out and distinguish ourselves from our competitors (Michael B Allen, pg 391) †. The major issues that the Dove Company had with Dunleavy’s marketing campaign idea wasRead MoreMarketing Planning1081 Words   |  4 PagesMarketing Planning Gilligan Wilson (2009), define marketing planning as logically establishing of marketing objectives and formulating plans to achieve them. This involves an elaborate plan researched and detailed to evaluate results of past marketing decisions, create future goals, and to obtain funds to pursue new business ventures. Perspectives of marketing planning The marketing perspective is an organizations long-term view of its market position; can be spread over by short-term profit

Critical Evaluation Of The Serious Crime Bill - 1928 Words

Critical Evaluation Introduction. The Serious Crime Bill takes a look at the different ways through which crime can be handled through the police and authorities. The bill looks at sentencing aims that have been created in order to handle crimes as well as help the victims. The main aim of the serious crime bill is to lower the amount of organised and serious crime that affects the UK. The costs of organised crime within the UK are  £24 billion a year which is a massive effect upon the economy and has been causing problems rapidly for the authorities and the government, (Gov.uk, 2014). The bill was created to help keep serious crimes and organised crimes in control and to assist the local community in preventing crimes from breaking out and disrupting the rules of society. The serious crime bill looks at different types of organised crimes that occur within societies and how they can be prevented from changing laws to ensure that crimes are punished accordingly through theories such as utilitarianism or retribution. This essay will be looking at and evaluating two different initiatives that have been provided by the serious crime bill and how changing the initiatives will affect the offenders and the victims and society. â€Å"Clarifying and updating the criminal law on child cruelty†, (Gov.uk, 2014). The first initiative that this essay will be looking at is â€Å"Clarifying and updating the criminal law on child cruelty†. 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The bill was filed by Senator Don Harmon who organized a committee with Barbara Flynn Currie (Democratic Chairperson), Ed Sullivan (Republican Spokesperson), Lou Lang and Frank J. Mautino (Democratic Members) and David R. Leitch (Republican Member). Since 1899 juvenile crime has been on an increase. Then the juvenile court dealt with delinquencyRead MoreEuthanasia Should Be Legalized Out Of Compassion For Those Slowly And Painfully Dying1616 Words   |  7 PagesHowever, when all attempts to win the fight have failed, a human should have the right to relinquish life and rest in peace. To illustrate, all humans have the right to kill themselves anywhere in the English-speaking world. Suicide is not considered a crime as long as oneself does it without assistance from anyone, which usually leads to gruesome scenes left to be found later. This applies to everyone, terminally ill or entirely healthy. Considering this, a terminally ill patient in a hospital bed orRead MoreHuman Trafficking And Its Effects2309 Words   |  10 Pagesit is never a simple matter to decide among those trends and variations, which demand scientific attention and those that can be safely ignored† (Weinstein, 2010). Much like the Four Critical Epis odes which involved millions of people and several organizations over thousands of miles of territory, there is a critical issue growing larger right underneath our noses. Human Trafficking is a very large problem that has been evolving over several years. It is widespread and becoming more and more prevalentRead MorePeace Domestic Violence Agency Essay2172 Words   |  9 Pagespositive outcomes. When looking at the following objectives, PEACE has designed its mission to eliminate and prevent crimes against women and any tolerance of these mistreatment while protecting, and advocating hazardous situations though the empowerment of the public’s awareness. A.) 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Would you support a bill for universal pre-Kindergarten education? Draw on research discussed in class and in your textbook to provide evidence for your perspective. Education is an influential and impactful topic that is always a subject on the minds of the public and for politicians. I believe that education would have an overall beneficial component because when more people are educated in a â€Å"book-self† and â€Å"street-self manner,† they are moreRead MorePolicy making in South Africa6476 Words   |  26 Pagespolicy analysis and evaluation. The task of this assignment is to concentrate only on policy-making with particular reference to the elimination of the high crime rate in South Africa. The policy-making process has three main steps, namely policy initiation; policy formulation and policy approval. Policy making, is one of the six administrative enabling functions which should be done in an orderly manner. 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These arrangements result from interactions amongst those who demand change, those who make decisions, and those affected by the policy in question. Issues such as health, crime, education, social welfare and foreign policy can be addressed by public policy. Leaders of religious and cultural institutions can also make public policies for the benefit of the congregation and participants. I personally feel that public policies

Autism False Words and False Hope Essay Example For Students

Autism: False Words and False Hope Essay Autism: False Words and False Hope Essay Steven Hajducko Prof. Sims MWF 10:00-11:00 29 November 1995 Autism is a childhood disease where the child is in a private world of their own. A description of an autistic child by her mother is: We start with an imagea tiny, golden child on hands and knees, circling round and round a spot on the floor in mysterious self- absorbed delight. She does not look up, though she is smiling and laughing; she does not call our attention to the mysterious object of her pleasure. She does not see us at all. She and the spot are all there is, and though she is eighteen months old, an age for touching, tasting, pointing, pushing, exploring, she is doing none of these. (Groden 2) This is the most important trait in an autistic child: They dont interact or socialize with other people. Other characteristics in autistic children are language retardation and ritualistic or compulsive behaviors. It used to be thought that children became autistic because of poor parenting and that the only solution was that the parents should be removed from the child (Baron-Cohen 26). Now it is known that autism is caused by biological factors due to: neurological symptoms, mental handicap, genetic causes, infections, and even difficulties in pregnancy. Even though autism is thought of as a disease or disorder, autistic children can demonstrate special skills. These skills are referred to as isolated islets of intelligence (Baron-Cohen 53). Some examples of these are found in an autistic childs ability to draw, play music, or recall a certain date. Nadia, an autistic child, has the ability to draw in an almost photographic way (Baron-Cohen 54). Autistic children can also play instruments, accurately sing songs, recognize structures of music, etc. A problem that arises when autistic children are going through therapy is that they start to lose their remarkable skills. For parents to find out that their child is autistic can be very shocking. They go from having a bouncy, livey baby to a having a total stranger as their child. Many therapies have been devised to help autistic children. Some of these therapies are: behavior therapy, speech and language therapy, holding therapy, music therapy, and the newest one, facilitation therapy. Since most autistic children are different and their behaviors are different, one therapy may be more effective than another one. Facilitation therapy is catching on, but is already becoming a controversy. Although facilitation therapy is one of the most popular used methods in communicating with autistic children, it is being downgraded because of the controversies where the children are being manipulated by the facilitators. A child with autism can be detected by the age of three. If treament is started right away, the child may gain their normal functioning. This is a critical factor in reversing the disorder (McEachin 105). Other elements in autistic therapy that are important factors in helping with the child are observations, establishing relationships, and changing behaviors (Simons 27). Once autistic children have made a relationship, they are brought closer to the outside world. That is why facilitation therapy is so popular. This kind of therapy helps the outside world to communicate with the lost child. The autistic child is supported by a facilitator who holds the arm, the wrist, or the hand. This support helps the child to control his/her movements in order for the child to point to words, pictures, etc. In this way autistic children can express feelings or thoughts that no one thought they had. So why is there controversy over facilitation therapy ? The autistic child is being observed, a relationship is formed between the child and the facilitator, and the gap is being closed. The problem with facilitation therapy is expressed by Dr. Sexual Harassment Essay Green from the New York Times, Facilitated communication seems tantamount to a miracle, but its more like a self-fulfulling prophecy you see what you want to see; (C11). There is always the chance that the child is not the one expressing the thoughts. Scientists in the New York Times ;are likening it to a Ouija board; (C1), because as people subconsciously move the message indicator to get an answer to their question, facilitators can move the autistic childs hand to what they want. Another argument against facilitation therapy was in an article, the Harvard Educational Review, where three concerns were mentioned: 1) facilitated communication manipulated the handicapped, 2) facilitation has never been proven valid, and 3) facilitation contradicts 50 years of research in autism and developmental disabilities (Biklen 110). It seems impossible that an autistic .

Strategic Plan for a Library

Planning process Background This paper presents a hypothetical strategic plan for a small public library. This library serves the community of approximately 20.000 people. At this point, its collection comprises 40.000 books and periodicals. This institution has recently encountered with such problem as the decrease in the number of visitors which subsequently can be explained by shortage of resources and in some cases poor customer service.Advertising We will write a custom coursework sample on Strategic Plan for a Library specifically for you for only $16.05 $11/page Learn More I was responsible for the development of the strategies that can help this organization cope with current problems. From the very outset, I realized that it was hardly possible to make any valuable recommendations without involving the employees of the library and readers into decision-making (Hayes, 2001, p 13). My original premise was that every stakeholder has a right to cont ribute to this project, and my task was to ensure that none of them is excluded from decision-making process. This is the key issue that I had to take into consideration prior to starting the development of the strategic plan. The steps taken by the committee First of all, a committee was formed; its major objective was to analyze the origins of the difficulties, faced by this library and propose solutions that can improve the work of this library. This committee included four members: the library director, two assistants and one representative of the library board. While developing the plan, the committee strongly relied on partnership with the employees of this library. We have interviewed every librarian of the organization and asked him/her for recommendations. Apart from that, the committee conducted a satisfaction survey among the readers who regularly visit this library. While interviewing the readers, we focused on such criteria as richness of the library collection, the use of information technologies, helpfulness of the employees, time management of the organization. In this way, we tried to identify the areas which needed improvement. Additionally, while interviewing these people, we asked them about those expectation which they usually set for a library. It was of crucial importance to us to assume the customers’ standpoint since their major stakeholders of this organization. This approach has greatly helped us, since we were able to identify those areas, requiring improvement. Without their recommendations this plan would have never come into existence.Advertising Looking for coursework on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Furthermore, the committee research already-existing literature about the problems. In particular, we focused on those approaches adopted by small and midsize libraries in order to enrich collections and provide a better quality of services to the readers. Many books and articles have proved quite beneficial for our purposes. The research which has been undertaken by the committee indicates that many public libraries have to struggle with budget limitations, but they can be overcome. In part, this goal can be achieved through active cooperation with other libraries, publishing houses and charity organization. Secondly, the main reason why many people are dissatisfied with the quality of library’s services is lack of self-sufficiency. One has to speak about ineffective space and time management (Gothberg, 1991, p 350). For example, very often the readers are not allowed to check out books on their own, they have to wait several minutes until the librarian finds it. This process becomes very time-consuming especially if there are many visitors. The research of academic service is useful to that extent that it enabled the committee to learn about the best practices used by the libraries within a relatively short time. Ju dging from my personal observations and from the results of the survey, I may argue that these problems are typical of this library as well. These examples immediately attract attention and in part they prove that financial constraints are not the only cause of library’s difficulties. These findings prompted the committee to the conclusion it is necessary to implement certain organizational changes. These changes should touch upon performance assessment and workplace relations. For many public organizations this transformation is very difficult; however, academic literature indicates that small libraries can overcome these possible through changes in organizational structure and giving more autonomy to the readers (Park, 2005, p 168).Advertising We will write a custom coursework sample on Strategic Plan for a Library specifically for you for only $16.05 $11/page Learn More Thus, the plan proposed by the committee is based on the premise that the problems of this library should not be explained only by budget limitations. Overall, we are greatly indebted to every person who helped us with the development of this plan. Without active participation of employees, readers and library board we would not have been able to map out this strategic plan. Mission and Goals The mission of this library is to offer adequate resources and services that would support learning and research needs of the community (The University of Chicago Library, 2010, unpaged). It is possible to single out several goals and objectives which are quite consistent with this mission: Goal 1. To maintain a well-organized and balance library collection that contains only high-quality books and periodicals. Goal 2. To promote the quality of library services and improve the skills of the library personnel. Goal 3. To improve economic performance of the library and make it less dependent on governmental funding. These are the key goals that this organization must a ttain. For each of these goals, one can set at least two objective which are more specific and tangible. Furthermore, it is vital to explain how each of these objectives can be attained. Goal 1 The first objective is to establish long-term partnership with other libraries and organizations that can share resources with this organization. We can suggest several steps that one should take. 1) The most important step is to join both local and non-local library consortia, which are formal associations of libraries. These consortiums promote book and resource sharing.Advertising Looking for coursework on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More For instance, it will be possible to obtain either digital or hard copies of books. 2) Secondly, this institution should establish an interlibrary loan service, for example, this library can borrow books or periodical from another library in order to scan or photocopy the materials. In this way, they will be able to reduce the cost of procuring new books, and this particularly important for libraries that have to struggle with budget limitations. 3) The third step is to establish long-term partnership with publishing houses. Some of these companies attach great importance to charity and they frequently donate books to the libraries. Each of these action steps is important since this library has to struggle with budgetary limitations and one has to use strategies of reducing or at least minimizing costs. The second objectively is to make full use of information technologies that are available to the library. We can propose at least three strategies that may help the library in accomp lishing this objective. First, this organization should purchase subscription to various online libraries and databases, such as Questia, SAGE, Jstor, etc (Repman Dickinson, 2007, p 186).  In this way, we will be able to expand library collection (Sutton, 1995, p 126). Additionally, this library should develop official website that would make the resources of the library more available and more affordable to the subscribers of this library. Lastly, it is necessary to start digitizing the books and periodicals which the library has its disposal. This will greatly increase the accessibility of books and periodicals to the readers. Thirdly, it is necessary to update library collection in different subject areas. One of the most important steps is to continuously review the new books and articles published by the leading publishing houses. The second step is to establish contacts with wholesale book shops that provide discounts to the regular customers and especially to libraries. Due to financial constraints, the library management has to minimize costs of procuring new books. At this stage, it is quite possible to argue that without effective cost management the strategic plan will not yield expected results. Goal 2 It is possible to single out several objectives which are quite consistent with the second goal. The first objective is to improve time and space management in this library. The most important step is to create an electronic library catalogue so that readers could search for a necessary publication by entering either the name of the author or the title of a book or article (Hobrock, 1992, p 34). This strategy will allow both readers and librarians to reduce the amount of time needed for the search of a book. The second step is to install self-check-out units so that readers could return books and articles more quickly. This strategy will greatly improve time management in this organization and make it more attractive for the readers. The secon d objective is to continuously improve the skills of the employees. For this purpose it is first necessary to provide training to the employees; special attention should be paid to their knowledge of the library collection and ability to use information technologies, especially the electronic library catalogue (Usherwood, 2007, p 670). It is vital that the management of this organization regularly conducts assessment of the employee’s skills; it should be done at least two times a year. 2Another strategy that would help the library is to organize seminars with employees of other librarians. Such activities can help librarians share their experience with another; in this way they will be able to learn more about the best practices used in modern libraries (Stuart Moran, 2007). Goal 3 As it has been said before, the third goal is to improve economic performance of the library. In this case the most first and important objective is to allow readers to buy food and drinks at the library. One should remember that that many people, who visit libraries, may stay for a very long time, and the opportunity to purchase food and drinks is very important for them. On the one hand, this policy can greatly increase the quality of libraries services and many organizations have already adopted this strategy (Park, 2005, p 167). There are two steps that we need to take in order to achieve this objective: First, it is necessary to procure a vending machine that will be used by the visitors. Secondly, the library management should find a suitable location for this vending machine. Although, this step appears to be self-evident, this task can prove very challenging because it will be necessary to sufficient room for many visitors. The second objective is to provide readers with an opportunity to purchase books at the library. We can single out two action steps that will support this objective. At the beginning the librarians should compile a list of those books which ar e most frequently requested by the readers. In this way, they will be able to learn what kind of books will enjoy demand among the customers. The next step is to find extra space for this small bookshop and determine which of the employees will be responsible for running it. Thus, the steps that we have identified in this section are crucial for successful implementation of the plan. Probably, in the future some extra steps will be added. Timelines for the implementation of the plan At this stage, we should work out the schedule for the implementation of this strategy. It can be presented in the following way: Join both local and non-local library consortia (April 4th – April 14) Establish an interlibrary loan service (April 5th – April 25th) Establish partnership with publishing houses (April 6th– May 2nd) Obtain subscriptions for online databases (April 6- April 8th) Develop the library’s official website (April 6- June 1st) Digitizing books and perio dicals (April 8th ) Continuously review the new books and articles published by the leading publishing houses (April 4th) Establish contacts with wholesale book shops (April 7th – May 2nd) Create an electronic library catalogue (April 10th –September 1st) To install-self-check-out units (April 5th – April 11th) Provide training to the employees (May 1st– June 1st) Organize seminars with employees of other librarians (May 15th) Procure a vending machine and find suitable location for it (May 2nd May 15th) Compile a list of the most requested books (April 4th– April 20th). It should be noted that the majority of action steps have start dates and end dates. However, some of the activities will take a very long time, for instance, digitization of books, and we have not specified the end date. Furthermore, the library will need to attract outside professionals for the development of official website and electronic catalogue. Reflections about group wor k This project has demonstrated to me the importance of teamwork. On the whole, this strategic plan could not have been developed without active assistance of employees, library board members, and certainly readers. There are several aspects of group work which greatly appeal to me; one of them is brainstorming and ability to receive critical evaluation of one’s thought and ideas. The committee held many meetings and we meticulously discussed every objective and every step that are now included in this strategic plan. The members of the committees were willing to evaluate the advantages and disadvantages of every possible policy. This approach seems to be most productive since a group of people, especially if they are competent enough, can better identify the potential flaws of the plan, even if at first glance it seems impeccable. The most important thing is that a library director is able to accept criticism, if this criticism contributes to overall success of the project. More importantly, it is vital that this person can admit his/her mistakes; otherwise team work will eventually become pointless. Reference List D’Andraia. F. (1997). The academic library director: reflections on a position in transition. NY: Routledge. Gothberg H. (1991) Time Management in Public Libraries: A Study of Public Libraries. Public Libraries. 30 (6), pp 350-377 Hayes. R. (2001) Models for library management, decision-making, and planning. London: Emerald Group Publishing. Hobrock. B. (1992). Library management in the information technology environment-: issues, policies, and practice for administrators. NY: Routledge. Park. C. (2005). Harris County Public Library: creating a design paradigm for twenty- first century libraries. The Bottom Line. 18 (4). p 167-174. Repman J. Dickinson. (2007). School Library Management. London: Linworth Pub. Stueart, R., Moran, B. (2007). Library Information Center Management (7th ed.). Littleton: Libraries Unlimited. Sutton. B. (1 995). Public library planning: case studies for management. London: Greenwood Publishing Group. The University of Chicago Library. (2010) The official website. Accessed from https://www.lib.uchicago.edu/ Usherwood. R. C. (2007). Professional values in a bureaucratic structure. Library  Review pp 666-673. This coursework on Strategic Plan for a Library was written and submitted by user Santiago N. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Assignment (Case Study of Nintendo) Essay Example

Assignment (Case Study of Nintendo) Essay Example Assignment (Case Study of Nintendo) Paper Assignment (Case Study of Nintendo) Paper 1. Was Nintendo just lucky, or does the Wii’s success have strategic merit? Nintendos strategy was very clear and clever. It thought that it could not survive in the competition with Microsofts Xbox and Sonys Play Station 3. So, Nintendo do not try to compete to the competitor rather than it tried to rebuild the gaming system. Without concerning the more advanced technology, it tried to do more using less investment. The gamers are of two types; teenagers and hardcore gamers. Company earns a lot from the core gamers and they spend a lot in this. As the hardware become more sophisticated and games are more realistic and whether this tech people are more likely pleased. So, Nintendo focuses on the fun playing games rather than the technological junkies. They realized that they couldn’t make a better product, so by changing the way in which the product is used they created a whole new market at their control. By changing their focus away from the game but the experience Nintendo created a unique strategy that is now synonymous with their name. Nintendo developed the Wii with a very specific design and marketing strategy in place. So, Nintendos strategy was so resourceful and it worked like magic mix strategy. 2. Has Nintendo put the â€Å"fad† questions to rest? State a case as to why the Wii is or is not here to stay. Nintendo tried its best to keep the game alive for a long time. So it invested a lot of money in order to ensure Wiis success does not fade away as like most of the game consoles launched before this time. Nintendo released many classic games like Mario, Zelda etc. or Wii and to continue the journey of new games they made an agreement with two outside companies to ensure the new games string and released two popular games like Final Fantasy, Capcom for the Wii gaming Console. Nintendo hopes that â€Å"the release of these titles will do more than appeal to traditional gamers. It will elevate the Wii’s image to one that will run the industry’s most advanced games. † By reaching to the gamers of different taste, Nintendo got a tremendous demand on their products and they continue with their good growing market shares. 3. In which stage of the product life cycle is the Wii? Based on that stage, is Nintendo employing good marketing mix strategies? Nintendos Wii is staying in the maturity stage of the product life cycle now-a-days. Wii has been in the market for two years and the sales of Wii console have peaked for most of the time. As of the low price and better quality of Wii gaming console has been cordially accepted by the games around the world. Cost of producing Nintendo Wii is not high due to the lack of high-tech components, allowing the sales price of $250 to bring in decent profits for each unit sold. Nintendo tried to bring non-gamers into the industry via the Wii, and by pushing the product in that direction they are able to set themselves apart from the competition. The most important part of the Nintendo Wii marketing strategy is the sales promotions targeting the gamers. Nintendo is consistently taking opportunities to bring gamers over from the competition to the Nintendo Wii. Lower and fascinating price; and more effective advertising strategies made the Nintendo more renowned around the world and the company is growing so fast, whereas making more profits. 4. Develop a strategy for the Wii’s next product life cycle phase. Nintendo developed more user friendly gaming console using less technology. To survive in the competition that Microsoft and Sony created, Nintendo need a defensive strategy that may help to protect the company from declining stage of the product life cycle. Moreover, they have to think to beat up the technology to survive in the market. So, Nintendo have to replace the emerging technology of Wii to hold up the existing product demand. Next generation of video game consoles need time yet to come in the market. But the Nintendo has the less time for product modification and increasing the technological advancement of Wii. May be or maybe not, Nintendo can modify the existing product by redesigning with the help of technology or, may be Nintendo can think about a new product that can take over the place of Wii and fulfill the demand of Wii existed in the market. However in the meantime they need to ensure the Wii’s market share and continued profits. Nintendo should redesign their existing product Wii or Design a new one to take over the market; this decision should be made quickly by the administration of the Nintendo. But it is the high time to think about the product and competition seriously and make a quick decision, so that the research of product modification or creation of a new product can be started very soon enough. 5. Discuss the potential threats to Nintendo’s future success. What will help Nintendo avoid a premature decline for the Wii? Nintendo survives if the product Wii survives in the competition. And the Wii lacks technological touch which made it an emerging product. But the gamers want new technology and new entertaining materials, but the Wii lacks of these materials that can fascinate the games and consumers. As a new product the Wii is the center of attraction for the gamers but after a little time the lack of technology can be threat for the Nintendo. Moreover, to develop and redesign the product Nintendo needs to have its own Research and Development facilities. So can research and develop new items to survive in the future market. Within a few time the Nintendo have to compete with the big giants like Microsoft, Sony and other upcoming companies. As a result, Nintendo need to be prepared for the surviving battle of future from now on. And the Nintendo needs to develop new ideas to penetrate the market.

Gambling in The Stock Market Essay Example | Topics and Well Written Essays - 2500 words

Gambling in The Stock Market - Essay Example NYSE was used as a platform to trade bonds and stocks. Following the establishment of stock and bond trading platforms, most people view it as a money tree, which creates wealth easy and quick. As a result, many people used their savings to invest in stocks and bonds. However, it is important to note that investing in stock market requires hard work and adequate research because it is unforgiving for amateurs or gamblers. Gambling in the Stock Exchange There are clear distinctions between gambling and investing in the stock exchange as indicated below. Gambling refers to putting money or other valuable assets into activities whose outcome involves chance. It can also refer to an immediate event or act, whose motive is immediate gratification. When the word gambling is mentioned, people easily identify casinos, gaming activities as well as lottery. However, they fail to identify that putting money into the stock exchange to buy stocks, bonds and other investment vehicles with no concr ete and clear goal may also qualify as gambling. Gambling in the stock exchange is not a new phenomenon among many new traders. Gambling can be addictive and destructive at the same time. Gamblers are risk seekers because they go for all or nothing. It is motivated by compulsion or entertainment. Little or no research, risk seeking, unsystematic approach, emotion like greed and fear is evident, motivated by entertainment or compulsion. Gambling is encouraged by introduction of internet enabled online trading making it cheaper and quicker to trade in the markets as well as easier and pleasant access to the market, which is provided by stock tickers and comfortable rooms. Investing in the stock exchange is characterized by long time investment horizon. It is a progressive process aimed at generating progressive net worth. With longer time, the value of stocks bought is likely to appreciate thus enabling long time investors to have higher chances of generating positive results in the m arket. Investment also involves putting money to purchase assets used to produce goods or services or spending in activities that promotes production of goods or services with an aim of making a profit. Therefore, investment involves provision of capital to companies which need to accomplish their goals. In addition, investment is about setting goals of building wealth in the future. Investors are usually risk averse as they try as much as possible to avoid risk unless they will be adequately compensated. Finally, investment is about risk aversion, systematic approach and is done after doing sufficient research. Who Gambles and Who Invests A person who invests in the long time horizon is an investor. Over time the value of the stock market is likely to increase, thus odds work in the favor of the investor. This indicates that the investor may lose money in the short term but gain in a longer time. Furthermore, in the stock market the outcome is not random. If a person takes a delibe rate step to research, and analyzes which stock to buy as well as develop a detailed plan and takes a much longer time horizon, then he or she is said to be an investor because he or she has better chances of succeeding or getting positive results. Doak (45) asserts that real investors invest after a rigorous research, they form their own opinions. Investors know and understand that well run companies will have the value of their stock rise while poorly

Critically discuss the applicability of the Elaboration Likelihood Essay

Critically discuss the applicability of the Elaboration Likelihood Model to understanding consumer behaviour - Essay Example mentioned ways, it is extremely crucial for the marketers to have an understanding about how the customers process the information that they come across as ads. Numerous models and theories have been proposed that have elaborated upon the manner in which customers assimilate and process the information as well as on the way ads and other marketing communications impact on the consumer behaviour (Cohen, 1990). Elaboration Likelihood Model (ELM), put forward by researchers Petty and Cacioppo (1983, 1986) is among the oldest and the most popular models that define how consumers formulate their attitudes towards a product or service on the basis of the communications that they receive as advertising. ELM has been employed by marketers and advertisers in making their communications more effective. ELM has also given the basic groundwork and direction to further research in areas like consumer cognitive processes and marketing communications elaboration. (Petty., Priester & Wegener, 1994).The current paper is aimed at evaluating the applicability of ELM to understanding consumer behaviour. The paper will begin with a brief overview of ELM and will contain a critical appraisal of its applicability in the consumer behaviour field. More specifically, it will focus on how ELM provides insights about consumer behaviour which in turn leads to more targeted and cost-effective advertising. The discuss ion will also include some of the weak points of ELM that need to be addressed in order to improve its applicability in the consumer behaviour field. The Elaboration Likelihood Model, when used in an advertising context, postulates that prospective customers form attitudes about ad messages via a process of message elaboration – or the amount of time and effort they spend on issue-relevant messaging. The extent to which they are likely to elaborate the message leads to two very different routes of information processing in the minds of the customers. These are the central

Meaning of life - 2006 singles Essay Example for Free

Meaning of life 2006 singles Essay Have you ever wondered what the meaning of life is, the purpose of our existence. Life is truly a mystery we know very little of our own selves. Something beautiful as a life is something amazing to watch. A life is considered priceless. Life is a treasure among treasures. I consider it a miracle that I am alive and talking to all of you today. The chances of me being here is 1in 5 million, and yet I am here. The same goes for all of you present here today. All of us should feel blessed that we get to experience the privilege of living. The miracle of life begins with the love of two people because of this love a life is created. One good thing leads to another. They’re maybe time that we are challenged, but we should never yield instead we take these challenges as an opportunity to grow in life. If somehow you fall all you need to do is simply stand up again and again. Life is not just a bed of roses we need to fight for what we want and stand for whatever we believe in. Don’t be afraid to encounter risks. It is by taking chances that we learn how to be brave. Don’t shut love out of your life by saying it’s impossible to find time. The quickest way to receive love is to give; the fastest way to lose love is to hold it too tightly; and the best way to keep love is to give it wings. Don’t run through life so fast that you forget not only where you’ve been, but also where you are going. Don’t forget, a person’s greatest emotional need is to feel appreciated. Don’t be afraid to learn. Knowledge is weightless, a treasure you can always carry easily. Don’t use time or words carelessly. Neither can be retrieved. Our generation is so attached to technology that we become like machines. We spend so much time on our gadgets that we fail to notice the things around us. We fail to see the beautiful world around us. Living is not simply eating and breathing is if we spend so much time on our cell phones and playing computer games then we were never alive in the first place. Our life is the greatest gift we are given. The memories we make with our friends and family. We laugh, cry, love and hate these are the proof that we are truly alive. Each and every one of us is irreplaceable all of us are one of a kind. Don’t think of your life as something insignificant maybe just by the act of living you are making someone happy. There is one thing to remember Life is not a race, but a journey to be savored each step of the way.

Megans Law Essay -- essays research papers

MEGAN’S LAW PROTECT THE CHILDREN OR THE PEDOPHILES Megan Kanka was an innocent little girl, someone’s daughter, sister, and best friend. The defendant, Jesse Timmendequas, changed all of that. He changed it brutally, savagely, and permanently. In a few moments of unspeakable horror, the defendant destroyed all of Megan’s dreams, all of that joy, all that hope, all that promise. In those few moments, he destroyed Megan Kanka’s life. She would never live to see her wedding day, never have children, and never embrace her family again. Jesse Timmendequas took Megan’s life on July 24, 1994. Her funeral was held on Wednesday, August 3, 1994. Jesse Timmendequas was a twice convicted sex offender. He moved in across the street from Megan’s home without the family’s knowledge of his history as a pedophile. Joseph Cifelli was another convicted sex offender who had spent nine years at the Adult Diagnostic and Treatment Center. He had been convicted after admitting to repeated sexual abuse of a relative that had begun when the child was nine. A third man, Brian R. Jenin had been convicted twice of crimes involving young boys. Jenin, along with Timmendequas, was under investigation in connection with the unsolved murders of two boys in San Diego. All three were Megan's neighbors. Jesse Timmendequas’ convictions stemmed from a 1981 attack on a 5 year old girl, for which he served 9 months. That same year he was convicted for an attempted rape of a 7 year old girl, for which he was sentenced to ten years. After serving only six years, he was free to lure 7 year old Megan into his home where he brutally raped and strangling her with a belt as she bit and fought for life. He knocked her to the floor, hitting her several times in the head. He wrapped her head in plastic shopping bags to prevent her blood from staining the rugs. He then took a toy box and stuffed her inside. Megan’s body was found in a weeded area of a nearby park near a portable toilet. On May 30, 1997, a jury returned a guilty verdict on all counts of murder including capital murder, kidnapping, and aggravated sexual assault and sentenced Jesse Timmendequas to death. It was this little girl’s brutal death that prompted her parents, Richard and Maureen Kanka, to fight for broad based community notification. Megan’s parents believe that if they had known that a pedophile lived nearby, this heinous crime... ...s due process. Due process is best defined in one word--fairness. When a person is treated unfairly by the government, including the courts, he is said to have been deprived of or denied due process. The most common and successful due process challenge is procedural due process. This challenge has occurred mainly in states that classify offenders according to the level of risk they pose to communities. This argument centers on whether an offender is allowed a hearing to challenge a risk classification. The Massachusetts Supreme Court recently found that provisions of the state’s community notification law violated constitutional due process Doe v. Sex Offender Registry Board, Mass. SJC-07608 (July 24,1998). The United States Supreme Court has yet to weigh in it’s opinion as to whether or not offender’s due process or Ex Post Facto rights are being violated by Megan’s Law. Are we bothered by the fact that in the current social climate, the rights of convicted pedophiles are routinely violated and nobody cares. Rules of evidence are stretched, and terms of punishment are increased. The danger of this precedent is impossible to ignore. As parents, though... are we okay with it.

Studying Children’s Friendships in Bigelow and La Gaipa: Comparison

In this essay you will read about the many similarities and differences of the study and research of children’s friendships expectations, which were approached by Bigelow and La Gaipa (1975) and William Corsaro (2006). Firstly I will introduce both of the different approaches and methods and I will then later go into the results of their work. I will later go on to talk about the problems with some of the methods and what could have been changed to solve these and lastly the similarities and differences between them both. Bigelow and La Gaipa in 1975 approached a study on children’s friendships; they started the study in the 1970 when very little was known on children’s friendship and the aspects of ‘friendships’. Their main studies was to look at the differences in children’s understanding of friendship at various stages of development and how the children’s interpretation of friendship changes as they get older. In the Experiment itself they asked thirty girls and thirty boys from eight different schools, between the ages of six and fourteen to think about their best friend of the same sex. They were then told to write an essay on what they expected of their best friend and how it differs from expectations of other friends. Bigelow and La Gaipa sampled a study of four hundred and eighty essays. Before the study and research took place Bigelow and La Gaipa wrote a list of different characteristics of a best friend of which they believed the children may include in their essays, they created a list of twenty one difference categories of friendship expectations. For the results of this method they took all four hundred and eighty essays and compared them against their list of twenty one categories of friendship expectations, this was to count how many times each expectation was mentioned, this is usually referred to as a frequency count. Once they counted each expectation and the occurrences had been noted they could use the frequency count to look for patterns that could give them an insight into children’s friendships expectations and the changing nature of it. Bigelow and La Gaipa found some differences in the expectations of a best friend in different ages and how gender differs too. Sixteen of the twenty one categories were noted more frequent in the elder children’s essays compared to the younger, it is said that ‘’expectations of a best friend become increasingly complex and sophisticated as children get older’’. Bigelow and La Gaipa all came up with three different stages of development of children’s expectations in friendship: First stage- is based on shared activities, so when you’re a lot younger and your parents take you for meetings with other children to start the development of friendships. Second stage – this change is different from the first stage as the friendships are more emphasized on sharing, loyalty and commitment. Third stage – this stage is based more on growing up and the importance of similarity in attitudes, values and the potential of a more intimate friendship The problem with Bigelow and La Gaipa’s approach was that younger children lack the use of skills and higher education such as verbal and writing skills, older children may be a lot better with words and may be more descriptive, whereas the younger children will keep there’s more simple and basic. Another problem with their approach was that Bigelow and La Gaipa created the list themselves of the friendship expectations, this could be seen as unfair because what they wrote down could be their own expectations and not a varied supply of words for everyone’s views on friendship expectations. To change this they could have asked another variety of people on their first thoughts on what is a best friend and used a mixed variety of ideas. William Corsaro was more interested in how children spoke to each other and that research on children’s friendships should focus more on their understanding of the word. William Corsaro wanted to explore more into how friendship changes and is meant in different places and different times, he wanted to look more into the communication of children with each other rather than have an interviewer. He made notes on the different activities of children and their interactions with each other, whilst video recording them, this is an example of an ethnographic approach. An ethnographic approach can be seen as better when it used with younger children which may not be good with words like elder children, also this way he could get a first-hand account of the Childs experiences. Corsaro had to find a way of blending in with the social groups without seeming inconspicuous, he believed that a way which has worked well in the past is observing and watching from a distant and waiting to be approached by children, for them to then invite you into the social group. He firstly observed a group of children of the age of three years old playing in a box and discovered in order to gain access to be invited to play together you need to already be friends or become friends. He then observed to three year old girls, Jenny and Betty and discovered that they became concerned about one another when one disappeared to play with someone else, Betty also reassures Jenny that they are still best friends. William Corsaro’s last observation slightly contradicts Bigelow and La Gaipa’s idea of showing concern of each other comes as you get older, whereas Corsaro comes across the two girls whom at the age of three become concerned for one another. This may be due to the different approaches they both took in their research, Corsaro’s approach was more about translating the children’s words whereas Bigelow and La Gaipa’s at the end came down to translating the children’s essays into numbers. They both started off by using more qualitative data but later Bigelow and La Gaipa altered theirs to quantitative. The problems with Corsaro’s approach is that he didn’t vary his ideas enough and kept them to a small, minimum age range and didn’t vary the different situations, although his idea was to see the understanding of children’s idea on ‘friends’, if he had mixed situations and ages Corsaro may have had a very different result to what he got. I think it would have made his experiment more interesting if he had varied genders and the amount of children and also seen how boy and girl friends interact with one another. By looking at both studies there is an obvious similarity and this is that they both were interested in the research and study of children's friendships. Another similarity in both these approaches of children’s friendship is that the children had free will to do or write what they wanted, Bigelow and La Gaipa just told them to write what they looked for in a best friend and William Corsaro allowed the children to play where they wanted and allowed them to introduce him into their social group rather than approaching it himself which may have altered the results for his study. From my point of view there are a lot more differences comparing both the approaches, to start with although they were both looking into children’s friendships, William Corsaro was more interested in the children’s individual understanding of the word ‘friend’ and how place and time affect this, in contrast Bigelow and La Gaipa wanted to know a range of ideas of what children expect of their ‘best friend’. They also used different methods Corsaro used an ethnographic approach unlike Bigelow and La Gaipa which used a written quantitative research method. To conclude this essay I believe that the differences overrule over similarities with Bigelow and La Gaipa’s compared to William Corsaro’s approach. They both make valid points in their methods, studies and especially their results, but both results contradict one another, by one saying as you get older friendships become more complex and you become more concerned for friends, where on the other hand the other goes on to show that from a young age of three a couple of young girls show concern for each other, which opens the question of every child differs from each other. Bigelow and La Gaipa had a good idea of method by sampling a wide number and varied the ages and areas the children were from, whereas William Corsaro only observed a small amount of children which doesn’t open his sampling studies as he was then restricted to what he had. I believe that William Corsaro had the better method overall though by actually observing how children interact and by seeing it all himself from his own eyes, children’s views on each other can differ all the time, even days when they’re a lot younger.

Divorce Research in the United States - Free Essay Example

Sample details Pages: 2 Words: 611 Downloads: 3 Date added: 2019/06/24 Category Psychology Essay Level High school Topics: Divorce Essay Did you like this example? It is said that out of every one-thousand women married in the United States, almost seventeen of them will get divorced. Even though this seems like a low number, researchers say that there is a divorce in America every thirteen seconds. Unfaithfulness is one of the most common reasons for divorce. In my personal experience with this subject, fighting and lack of the communication was the reason for the separation of my parents. Conflict, alcoholism, problems with money, or simply just growing apart from each other are more common reasons that people say they got divorced. Being so young when my parents separated, people often assume the effect impacted my life nominally. But, that assumption is far from the truth. At a young age, I watched my parents fall out of love with each other, and that changed my view of marriage and relationships. It had such an emotional barrier in my life that I had to start going to counseling at age seven. It is common for children with divorced parents to experience distress, anger, anxiety, and disbelief according to Very Well Family. A majority of these children get better with time and acceptance. But for me personally, I still struggle with parts of it. The thought of what if it was my fault never really left my mind. The anxiety and depression lingers in my life that I acquired at young age. Don’t waste time! Our writers will create an original "Divorce Research in the United States" essay for you Create order Living in two separate homes was one of the most stressful situations of the separation, especially since they lived almost an hour away from each other. I had to learn how to live in two places at the same time, keeping both parents happy with whatever arrangement they made for me for the week. Throughout high school, I was always stressed about not spending enough time with one parent or the other, but the long commute to school made equality between the homes difficult. There are many things parents can do to help keep the childs life as normal as possible while going through this major change in their life. They can try to keep the child out of has much of the process as much as possible. Putting the child in the middle of an argument or letting the child be present during a fight are often the causes of anxiety or depression when it comes to effects of divorce. Another major thing parents can do is talk to the child about the subject and showing them encouraging communication and a good relationship with the parent, this is said to help with your self-image after the separation. Coping skills are very important to teach your child after a big event in their lives, like the separation of parents. Without coping skills, they are more likely to take their emotions out violently and inappropriately. (VeryWellFamily). Even though divorce is hard on children, having the parents stay together just for the children is not a good route. The rates of behavior problems and mental health problems are even higher for children exposed to the nonstop fighting and anger. In my experience, I would have rather had the separation happen instead of seeing my parents unhappy. Divorce has effected my life and many other childrens lives in so many ways. It can cause mental health issues, anger issues, behavior problems, among other things. But, just because it can lead to these things, does not mean an unhappy or unfaithful relationship should stay together, just for the sake of their children. The effects of growing up with unhappy parents can be even worse on the child. There is many ways to prevent children from the effects that come with divorce.