Educational stages Essay

The K to 12 Program covers Kindergarten and 12 years of basic education (six years of primary education, four years of Junior high school, and two years of Senior high school) to provide sufficient time for tmastery of concepts and skills, develop lifelong learners, and prepare garduaes for the tertiary education, middle-levels skills development, employment, and entreprenuership. The K+12 educational program is perceived by the Aquino administration as the â€Å"long term solution to poverty.† This program aims to give every student a quality education that will make them globally competitive. This will be done by decongesting the curricilum and using quality materials for learning such as textbooks. Aside from this, high quality teacher will be given priority. High standards will also be set in Mathematics, English and Science in all levels. Thus eliminating the perception the highschool education is preparatory for college. ISSUES AND CONCERNS One of the major campaign platform of Pres. Aquino is the K to 12 educational program and it is also one of the most controversial initiatives. On May 15, President Aquino signed into law the program mandating Filipino pupils to attend kindergarten, six years of elementary school education, four years of junior high school and two years of senior high school. The signing officially ended the country’s 10-year basic education cycle, which now exists only in Angola and Djibouti. K to 12 hopes to decongest the curriculum, by spreading lessons over 12 years, instead of cramming them into 10. K to 12 hopes to do away with college remedial classes, by improving the quality of high-school instruction. K to 12 hopes to protect the rights of Filipino children who, at 18, are legally and emotionally still kids, unprepared for work or university.. Some problems that abound with K to 12: Lack of family, school, government resources; the herculean task of implementation; the need to address more urgent concerns such as early and massive dropouts. Many  schools are currently not ready for Grades 11 and 12. Aside from lack of classrooms, their teachers are not trained to handle higher-level subjects, like calculus for students who want to major in the sciences in university. K to 12 would be far more difficult to implement in already overcrowded and poorly equipped public schools, where many teachers are insufficiently trained, classes are often held in multiple shifts and most students struggle to make ends meet. The biggest problem of K to 12 has always been, and will always be, the cost. Even if public education is free, families have to spend for transportation and supplies. An additional two years is a burden for most Filipino families, who want their children to finish school quickly so they can work.

Advanced Financial Reporting and Theory Essay Example | Topics and Well Written Essays - 1750 words

Advanced Financial Reporting and Theory - Essay Example This accelerated growth is a result of advancements in information technology. There are two different aspects of information technologies which have affected the global business scenario. These technologies have made micro management of businesses very easy and secondly they have totally revolutionized communication. Systems like SAP make it possible to micro manage organizational divisions from thousands of miles away using information technology communication tools. All multinationals have adopted these systems and through these systems have been able to expand all around the globe. Moreover organizations strive to compete in international markets and adapt to changing market needs. Thus to compete with international conglomerates, local organizations have to evolve themselves according to global systems. Similar to organizations other stakeholders of financial information are also becoming global; these include financial investors, financial analyst, auditors etc. Global financia l houses such as Goldman Sachs etc. have presence all around the global. Similarly companies such as Deloittes, KPMG, PWC and Ernest & Young are present in almost all countries of the world. Direct users of financial information o i.e. shareholders are also becoming more and more global. Most exchanges whether currency, stock or bond have online trading systems. These trading systems allow investors to invest anywhere around the globe. The financial troubles of the US and European economy are another factor encouraging investors to adopt global investment options in emerging markets such as China, Brazil etc. The financial crunch in the global capital markets is also forcing local regulatory bodies to adopt financial practices which would encourage more international investors to invest. The primary concern for international investors in regard to financial regulations, is the reliability of the financial information being provided. The recent financial crisis has raised many object ions of financial reporting standards of financial bodies such as banks and investment houses. Therefore to attract more international investments, efforts are being made to make the local financial systems more stern and risk free. The ultimate aim of these efforts is to increase the understanding, comparability and reliability of financial information. The discussion shows that users of financial information require accounting standards which are global. As the organizations, shareholders, investors and analyst go global, the accounting standards all need to be global. The cost in translating financial statements from standard to the other is very high considering the current recession. Similarly the movement towards increased transparency requires standards which are more strict and provide greater amounts of objective information to shareholders. This is the very reasons that a global movement towards harmonization and globalization of Financial Reporting Standards has materiali zed. The International Financial Reporting Standards have become the global financial reporting standards and would totally overcome the Generally Accepted Accounting Principles (GAAP). The biggest advantage of IFRS thus has been the globalization of accounting standards by formulating standards which are efficient and effective in different cultural and operational environment. These standards are more transparent in their reporting requirement and encourage economic stability over a long period of time. International Financial Reporting Standards (IFRS) The IFRS are Financial Reporting Standards created by the International Accounting Standards Board. These standards

Immigration ( Microeconomics) Essay Example | Topics and Well Written Essays - 2750 words

Immigration ( Microeconomics) - Essay Example Infact the issue of immigration has assumed a transnational importance in the last three decades. It is not without a reason that immigration has become a hot topic throughout the Western world in the contemporary times. Politicians and informed citizens are highly polarized in their opinion regarding immigration because of the impact it may have or is supposed to have on the demography, culture and especially the economy of the concerned nations. More then half a million people from varied countries and ethnic backgrounds enter the US every year. As per some conservative estimates, nearly 12 million illegal immigrants presently call the United States their home. The very magnitude of immigration in North America, EU and Australia raises many disturbing questions. Is immigration good for the countries having liberal immigration laws Will the immigrants have a salubrious influence on the economies of these nations Should the immigration laws be further liberalized Do the economies of these countries have the ability and the potential to absorb the large scale skilled, semi-skilled and unskilled workforce generated by accommodating immigration policies Will immigration lead to many related problems like terrorism, radicalism and surplus workforce Pragmatically speaking, immigration is bound to stimulate the Western Economies. At least, the available demographic and economic data points towards this conclusion.It is a basic economic fact that the fast growing economies do have an insatiable hunger for resources, physical capital and above all human capital. So the fundamental query should be that are the major Western economies growing at a pace where they need tremendous input in terms of human capital from other countries It will be really interesting to look into the economic prospects of some of the topmost Western economies. As for the US economy, the data furnished by the authentic and reliable global organizations like the World Bank, the International Monetary Fund, and the Organization of Economic Cooperation and Development, targeted at the eight years of Bush's presidency indicate a pink and plump state of affairs (Perry). According to the World Bank statistics, the GDP per capita in the United States rose to $ 41,813 in 2005 (Perry). As per an IMF report, between the years 2001-2008, the real American GDP "grew at an average annual rate of 2.2 % (Perry)." The unemployment rate in the US also stood at a tolerable and stable figure of 4.7 % between 2001-2007 (Perry).Gross Domestic Product (GDP) Growth - United States - USA (%) 2.5 3.7 4.5 4.2 4.4 3.7 0.8 1.6 2.5 3.9 3.2 3.4 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 Gross Domestic Product (GDP) Growth - United States - USA (%), Source: Eurostat(euroekonom.com) European Union, which is the largest economic and trading block of the world, is also expected to outperform the past expectations in terms of economic

Capstone Essay Example | Topics and Well Written Essays - 2000 words - 2

Capstone - Essay Example The company operations are segmented in to three; US domestic package, International package and supply chain and freight (UPS, 2013). The supply chain and freight operations offers freight forwarding and logistics services, customs brokerage, supply chain design and management and consulting services to more than 195 countries across the world. Accordingly, UPS has diversified its services to billing technologies, payment solutions and risk mitigation services. The company operates more than 100,000 fleets of package delivery cars, tractors and more than 30,000 containers in airfreight transport. The competitors are United States Postal service, DHL international and FedEx (Magretta 2012). UPS mission, vision, and primary stakeholders UPS mission statement seeks to grow business through meeting the logistic needs of the clients and offering excellent services in all business operations. The company aims at maintaining strong financial position thus offering long-term impressive retu rns to the shareowners (Henry, 2008). Accordingly, the company is geared at inspiring its people and business partners through offering opportunities for personal growth and development. In addition, it is the aspiration of the company to lead by example in being responsible and sustainable company in making the difference in communities through social responsibility initiatives. Some of the UPS’s shared beliefs include integrity in its operations, innovation and creativity and teamwork. Accordingly, UPS is committed to quality and efficiency in the pursuit of excellence and safety of its people and business partners (Magretta 2012). The company is committed to continued environmental stewardship and social responsibility initiatives. UPS has a slogan that asserts; â€Å"what can Brown do for you† thus emphasizing that the company is capable of providing services to everyone across the world and to any address. UPS five forces of competition analysis Michael Porterâ₠¬â„¢s five forces of competition can be used to analyze the competitive strength and position of UPS in the market (Faarup, 2010). The first force is the threat of new entrants in to the market. In this case, the threat of new entrants in the global package delivery business is low due to the large economies of scale of the existing players such as DHL international, UPS and United States Postal service. In addition, large capital outlay is needed to establish operations through purchase of aircrafts, lorries, cars and hiring of personnel. Trade tariffs and international regulations have also made it difficult for other companies to enter in to the market. The second force of competition is the bargaining power of suppliers such as providers of fuel, business partners and trade unions. In this case, the bargaining power of suppliers is high due to demand for better salaries, rising fuel costs and providers of envelops and boxes who demand better prices for their services (Magretta 2 012). The third force of competition is the bargaining power of buyers. In this case, the buyers have moderate bargaining power due to high brand recognition, high brand loyalty and high switching costs (Henry, 2008). The fourth competitive force is the threat of substitutes in the global market. The threat of substitutes in the market is low since no real substitutes of airfreight and the company has diversified its services to offer integrated global shipping network (Faarup, 2010). In addition, UPS has controlled the threat of sub

Explain search engine marketing Article Example | Topics and Well Written Essays - 500 words

Explain search engine marketing - Article Example On the other hand, Pay per Click increases the visibility of the paid components only. Today, there are various vendors of Search Engine Marketing. The use of SEM rapidly increased in 1992 following the increase in the number of websites in the internet (Andreas, 2008). Today, the largest SEM vendors include Yahoo! Search Marketing, Google and Microsoft adCenter. Search Engine Optimization involves the identification of keywords, saturation and popularity of the site. The saturation of a website is analyzed using the number of pages that can be indexed in the search engines. On the other hand, popularity of the site is the number of backlinks associated with the site. This means that the advertising website should contain the keywords that people are search for in the internet and that these words rank high on the search engine. Pay per Click, also known as paid inclusion, entails a search engine company charging a fee for inclusion of a website in their pages (Richard, 2010). The use of search engine as a form of advertising is an imperative modality of internet marketing. This is attributed to the fact that more than 80% of people rely on search engine in locating products on the internet. In addition, it is cost effective compared to the traditional form of advertising using print and broadcasting media. Search engine marketing facilitates the increase of sales as it is accessible to many users at the same time. It also overcomes the challenge of geographical boundaries as the internet is accessible globally. Although it is cost effective, it is an intricate method that necessitates the use of consultancy services from professional. This adds to the cost of advertising online. There has been a rise in the use of search engines for shopping. After a shopper has undergone the research cycle, search queries change into terms which reflect the buying mindset. Terms such as â€Å"free

Challenges in Capacity and Decision Making Case Study

Challenges in Capacity and Decision Making - Case Study Example As the report declares the Mr. Jones scenario presents one of the many complexities that are experienced in the healthcare practice. Numerous stakeholders are confined into a common ground where objectives are straight and result-oriented. Mr. Jones is facing health complications that the relevant parties must try and resolve in a bid to improve the patient’s health status and welfare. In the Mr. Jones scenario, a number of legal issues emerge. To start with, Mr. Jones is entitled to quality health care just like any other patient. The law provides for indiscriminate care of patients in whatever state. Patient rights are at stake in the scenario.This discussion stresses that choice and consent to care is another critical legal issue observed in the scenario. Although Mr. Jones is entitled to care by law, the caregivers and physicians cannot force him to any medical practice if he does not consent and choose to be treated. A complementing legal aspect herein is the role of guar dian or surrogate decision maker. If Mr. Jones is entitled to one, then the surrogate decision maker can make a choice on behalf of Mr. Jones. However, the legal process that provides this practice must be observed. Another legal issue pertains to the role of doctors and nurses attending to Mr. Jones. They must adhere to the code of ethics and conduct in caring for Mr. Jones. They should work to their level best to ensure that Mr. Jones receives the attention he needs, subject to ensuring that Mr. Jones capacity to make a decision is accounted for.  

Organisational Behaviour and Human Resource Management Southwest Research Paper

Organisational Behaviour and Human Resource Management Southwest Airlines - Research Paper Example Southwest Airlines is a well known name in the American aviation industry. It is the largest domestic carrier in United States operating more than 3000 flights a day. The company is a huge success story due to its record continuous profits, even in years when other airlines were suffering. The company was founded in 1971 and since 1973 to 2003 the company never recorded an annual loss. This strong financial record has forced management gurus to study the company in detail in order to understand the factors behind its success. Southwest Airlines only flies within United States and even then the company has done extremely well over the past three and a half decades. The friendly organizational culture of the company may be one of the reasons behind this tremendous success. In this report Southwest Airlines will be discussed in great details and a thorough SWOT analysis will be conducted. Organizational behavior and leadership within the company will be discussed alongside with human re source management issues. Details of organizational culture and structure will also be included in the report. In the end future directions of the company will be analyzed and discussion will be made on how it will try to launch its operations globally. Recommendations will also be made at the end. Background Southwest Airline has always used a strategy that is not widely practiced in the aviation industry. The company uses cost leadership approach in its business operations. Since its inception the company has targeted shorter routes and has tried to fly more flights between cities. Due to this approach Southwest Airline has been successful in gaining a significant market share in the country. The company has been successful in lowering costs to an amazingly low level and by doing this it has knocked out its competitors (Bunz & Maes, 1998). With very low fare it is a first choice of cost conscious frequent travelers. The company uses a variety of techniques to lower its costs down and maintains profitability by utilizing its resources in an efficient manner. An example would be the plane of Southwest Airlines where there is no first class seating available. All the seats are labeled economy class because it allows more seats in the plane. This is one example of how lower costs is achieved by South West Airlines. Southwest Airline has also achieved success because of its inspirational leadership. The CEO of the company for a long time was Herb Kelleher. His charismatic leadership is one of the major reasons why the company did well for a long time (Gibson & Blackwell, 1999). The business strategy of the company has been of lowering costs and increasing efficiency, and charismatic leadership blends well with such a strategy. The organizational culture of the company is also commendable. Southwest Airline has a very friendly culture and employees are encouraged to take initiatives. Employees are also treated in a good manner and this is what motivates them to wo rk hard. Workers of the company are a major reason why company has always been successful even in tough economic times. Employees are given power to take decisions and this is why they are able to come up with innovative ideas and this helps the company at the grass root level. The company only flies short routes with United States and it