Saturday, December 28, 2019

Investment analysis and portfolio management Free Essay Example, 1250 words

This explains the reason why the investor might not meet the anticipated annual expenditure in the event that, there is a financial crisis that will hit both portfolios. With this analysis, the state of risk tolerance in this case study is average. Time Horizon In this case, the time horizon is estimated to be short term since, the investor wants to undertake the listed activities before and after graduating. For instance, he plans to purchase a car in April Next year and that will be before graduation. In addition, the investor wants to begin a business after accumulating a sum of 500,000AUD. The nature of the activities the investor plans to undertake is the foundation of the type of the investment he intends to make. In this case, the estimate period ranges between 2- 6 years. This is because, by the end of five or six years, the investor would accumulate the said amounts for the diverse activities. However, this nature of investments, particularly in the financial markets may not meet the investor’s expectations in terms of profits, since the higher profits margins in the financial markets are well achieved in either medium or long-term investments periods (Mittra & Gassen, 2001). We will write a custom essay sample on Investmen t analysis and portfolio management or any topic specifically for you Only $17.96 $11.86/pageorder now Liquidity Needs The investor is likely to spend 300000AUD to purchase a car in approximately 13 months time The investor is likely to spend 8000 AUD as travel expense to the US The investor is likely to spend 500,000AUD as starting capital of a business The listed liquidity needs seem to be mandatory for the investor at the specified period, and this implies that, the investor must get the money to finance the needs, without which the investor will be required to make debts and thus he will have not met his liquidity state (Cohen, & Zinbarg, 2007). Legal and regulatory Constraints This will depend on the nature of the business the investor wants to begin. The legal and regulatory constraints depend on the type of the business. It is notable that, there is no special situations needed in this case study. In essence, every factor attributed to these business transactions is normal. The Micro-economic Milieu In the case of the state of a financial market, the fundamentals are attributed to the forces that cause the changes experienced in the selling prices of the shares. For instance, the news on GOOGLE’s intention to acquire more shares is a strong force, which will determine the trend of trading. Such news forms the fundamentals of any financial market. In addition, the aspect of micro-economic factors attributed to trendsetters and consumer desire for new and fashionable taste play a fundamental role in influencing the stability of the selling price of shares.

Thursday, December 19, 2019

Theories Of Development Piagets Theory Of Cognitive...

Piagets theory of cognitive development In the 1960s and 1970s, the Freudian psychology was changed with the initiation of the empirical methods to study the human behavior. Psychologist and philosopher Jean Piaget empirically verified, moving towards the cognitive development theory to provide the new perspective to the individual in getting awareness about the developmental stages of the children. Just like Freud, Piaget thought that human development could only be described in stages. On the other hand, Piaget did not believe the learning and growth are linked with the repressed sexuality that Freud empathized. Piaget has given the cognitive developmental theory by having the experiment of the children, adolescents and young adults to†¦show more content†¦In this stage, children learn the abstract concepts such as quantity, space and time. Children can also apply these concepts in real life situations, but at the same time, they face problems in thinking independently. According to Piaget, childrens ideas about space and time are inconsistent sometimes, but they have basic knowledge of logic that they use for the cognitive operations. At this stage, children can learn rules very easily but face complications in having the thorough understanding of the logical implications of the rules that are changed in the unusual situations. The fourth and last stage of the cognitive development is the formal operation stage that started at the age around 12 and lasts until later life. In this stage, children become more able to have more hypothetical and theoretical reasoning. Rules can be applied to the various situations with the most effective use of ‘if reasoning. In this stage, individuals accept the valid reasoning (Modgil, Modgil, Brown, 2013). Educational Impact of Piaget’s Theory Piaget theory has the impact on the educational system of United States. His theory is very effective in the educational system as at. First, it has targeted attention towards the developmentally appropriate education. His theory gives insight that the educational curriculum, environment, material, and instructions should be suitable for students regarding their cognitive and physicalShow MoreRelatedPiagets Theory of Cognitive Development1075 Words   |  5 PagesPiaget’s Theory of Child Psychological Development There currently exists a great deal of literature based on child developmental psychology from a variety of great psychologists, notably Freud, Erikson, Bowlby, Bandura, Vygotsky, and many others. However, this paper will focus on the theories of Jean Piaget. Jean Piaget, a Swiss developmental psychologist and philosopher, was born in Neuchatel, Switzerland on August 9, 1896. After working with Alfred Binet in his children’s intelligence testsRead MorePiagets Theory of Cognitive Development1173 Words   |  5 PagesCognitive development is the development of thought processes, including remembering, problem solving, and decision-making, from childhood through adolescence to adulthood. Historically, the cognitive development of children has been studied in a variety of ways. The oldest is through intelligence tests. An example of this is the Stanford Binet Intelligence Quotient test. IQ scoring is based on the concept of mental age, according to which the scores of a child of average intelligence matchRead MorePiaget’s Theory of Cognitive Development3150 Words   |  13 PagesPiaget’s Theory Of Cognitive Development Jaclyn F. Losquadro Hunter College, The City Of New York Piaget’s Theory of Cognitive Development Cognitive development is much more than addition of new facts and ideas to an existing store of information. According to Piaget, our thinking processes change radically, though slowly, from birth to maturity because we constantly strive to make sense of our world. He also believed that all people pass through the same four stages (sensorimotor, preoperationalRead MorePiagets Theory of Cognitive Development959 Words   |  4 Pagesï » ¿ The term cognitive development refers to the process of developing intelligence and higher level thinking that allows a person to acquire problem-solving skills from the age of infancy through adulthood. A Swiss philosopher by the name of Jean Piaget took an interest in in developmental psychology; specifically in children during infancy through pre-adolescence. This model developed by Piaget still has a modern-day relevancy. Contributions to Learning and Cognition Read MoreDiscuss Piagets theory of cognitive development1235 Words   |  5 Pagesï » ¿Discuss Piaget’s theory of Cognitive Development Cognitive Development can be defined as the development of thought processes. This includes thinking, concept understanding, problem solving, and decision making and remembering from childhood on to adulthood. There are two theories of Cognitive development that offer us two different ways of understanding it. The first is called Domain general. This theory states that one line of development determines all of the changes in a child’sRead MorePiagets Theory of Cognitive Development Essays1715 Words   |  7 Pagesa lifelong interest in how individuals, especially children, use cognitive development to adapt to the world around them. Piaget published his first paper by the age of 10, completed his bachelor’s degree by the age of 18, and at the age of 22 received his PhD from the University of Neuchatel. Piaget spent many years of his life researching the developmental and cognitive knowledge of children. The Theory of Cognitive Development places focus on human intelligence and developmental thinking. â€Å"InfluencedRead MorePiagets Stage Theory of Cognitive Development647 Words   |  3 PagesThe Piagets Theory The Piagets stage theory of cognitive development is also known as the stage theory. It introduces that, in the expansion of our thinking, we act through an organized and certain sequence of steps. However, the theory focuses not only on compassionate how the children obtain knowledge, but likewise on the discernment of the substance of intelligence. According to the Piaget’s theory of cognitive development, there are two stages in the thinking pattern of a 3-year old preschoolerRead More Major Challenges to Piagets Theory of Cognitive Development2134 Words   |  9 Pageschallenges to Piagets theory of cognitive development and what aspects still have value? To answer this question, Piagets theory of development should be explained along with Vygotskys theory and the connectionist theory of development, and then each should be compared with the others. Once this has been achieved the main similarities and differences will be summarized, and finally the areas of Piagets theory that have not been undermined by other theories will be reiterated. In Piagets opinionRead MoreThe Sensorimotor Stage of Piaget’s Theory of Cognitive Development 1125 Words   |  5 PagesThe theorist, Jean Piaget, was most interested in the development of children’s intellectual organization. Piaget’s theory of cognitive development begins with the sensorimotor stage. Sensorimotor intelligence is thinking by observing objects and acting in response to them. Throughout the stages the child understands that objects continue to exist even when they cannot be seen which is referred to as object permanence. When a child exhibits a behavior that creates an experience that leads to repetitionRead MoreDevelopmental Theory Essay1726 Words   |  7 PagesShortcomings Of Piaget’s Theory. This essay will be summarising the contributions and shortcomings of the Cognitive-Developmental theory and firstly explore the background and key concept’s of Piaget’s work behind child development. Secondly Piaget’s ideas about cognitive change and the four stages of development from birth which are the sensorimotor stage, the pre-operational stage, the concrete operational stage and the formal operational stage and how this impacts development. Thirdly the main

Wednesday, December 11, 2019

Gold Coast Campus Southern Cross University -Myassignmenthelp.Com

Question: Discuss About The Gold Coast Campus Southern Cross University? Answer: Introduction The paper critically reviews the experience of undertaking the project of gym construction within a fitness centre at the Gold Coast campus of Southern Cross University. In this paper, I have reflected on my personal experiences, collaborative learning procedures as well as theories that have helped me in making this project successful. It is identified that in this essay, proper linkage of experience with the project management theory is made in order to illustrate the contribution that is made by me. In addition to this, I have illustrated my learning experience that I have gained after undertaking the project of gym construction. Description of the situation The project of gym construction is mainly undertaken within the fitness center at the Gold Coast campus of Southern Cross University. It is identified that the university wants gym construction within the campus in order to engage both staffs as well as students of the university in various physical activities for controlling body weight, for reducing mental stress as well as for minimizing illness. The project was mainly sponsored by GB Finance company with the budget of around AU $ 520,000 in order to complete the entire project within the time-period of 8 months. Linkage of the experience with the theory It is identified that while undertaking the project of gym construction within the fitness centre at the Gold Coast campus of Southern Cross University, I have analyzed from my experience that an ability of analyzing as well as delimiting various components of project in different hierarchies as well as levels are significant for the project managers. It is identified that proper relation with the project team members helps in completing the project successfully within proper time and budget as communication is quite significant for tracking the status of the project. Proper experience of the project managers in context to planning, scheduling, resource leveling as well as monitoring is quite necessary in order to execute the project successfully. In context to the theory of project management, I have analyzed that it is quite necessary to decompose the total work effort in various smaller chunks of work in order to manage them effectively. Furthermore, I have experienced that the concept of decomposing task helps in managing project activities, avoiding team confusion as well as eliminating the feeling of overwhelmed. In addition to this, I have experienced the risks that are associated with the project can be managed by developing proper options as well as actions as per theory in order to increase the opportunities and for reducing threats to project objectives. Description of the insight that is provided for engaging in the situation I work as a project manager in the project of gym construction within the Gold coast campus of southern hemisphere in order to provide proper facility of physical activities to the students as well as staffs of the university so that they can quickly workout as well as can be able to get relieve from stress. I mainly contributed in initiating, planning, executing as well as monitoring the project so that the entire project can be successfully completed within the budget of around AU $520,000 in 8 months. I organized as well as motivated the team members of the project so that they can be able to develop clear, straightforward plans that helps in stimulating team for reaching their entire potential. I also contributed in managing the time of the project for meeting deadline of the project and for contributing within the project I maintained the project schedule quite effectively. Furthermore, I engaged in analyzing the risk of the project, monitoring project progress and engage in managing reports as well as necessary documents in order to make the project successful. Description of the experience that is learned I have achieved lot of experiences by undertaking this project and as a result I will utilize my experience and will perform differently the next time I will undertake any project. My learning as well as experiences from this project suggests that I must estimate the time as well as budget of the project quite effectively by undertaking a research on the needs as well as requirements of the project so that the project will be successfully executed within the estimated budget as well as time. Next time whenever I will engage in the project, I will clearly define the scope of the project so that I can fight against scope creep or any other unrealistic deadline issue occurs within the project. I have analyzed that it is quite necessary to schedule regular meetings in order to get proper information about the project. Meetings not only keep project managers updated about the project but it also assists in ensuring that the project is on the right track. In addition to this, I have identified that whenever I will undergo in a project, I will review the project after completion of each phase in order to ensure that the project is executing successfully and if any risks associated with project occurs then it will be mitigated in that phase so that the progress of the project will not get obstructed and as result the project can be easily completed within the assumed time and budget. Conclusion It can be concluded that proper critical discussion on the various principles of project management as well on the basis of experiences that is achieved while undertaking the project of gym construction that proper monitoring as well as management within the project is necessary to complete the project within the estimated budget as well as time. I have analyzed that communication between team members as well as project manager is necessary in order to track the project progress on a weekly basis. Effective risk management, project planning, as well as proper controlling of project time and budget plays also plays a significant role in making the project successful. Furthermore, I have experienced as well as learned few things from this project which I can apply while working in any other project and the experiences that I have gained will help me in guiding to do the work little bit differently so that I can be able to make it much more appropriate as well as effective. References Bresnen, M., 2016. Institutional development, divergence and change in the discipline of project management.International journal of project management,34(2), pp.328-338. Fleming, Q.W. and Koppelman, J.M., 2016, December. Earned value project management. Project Management Institute. Javed, S.A., Ahmed, F., Nawaz, M. and Sajid, A., 2016. Identification of the Organizational and Managerial Characteristics of Organizations Operating in Project Conducive EnvironmentA Preliminary Study.Durreesamin Journal,2(1). Leach, L.P., 2014.Critical chain project management. Artech House. Mir, F.A. and Pinnington, A.H., 2014. Exploring the value of project management: linking project management performance and project success.International journal of project management,32(2), pp.202-217. Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature review with a critical look at the brave new world.International Journal of Project Management,33(2), pp.278-290. Too, E.G. and Weaver, P., 2014. The management of project management: A conceptual framework for project governance.International Journal of Project Management,32(8), pp.1382-1394. Turner, R., 2016.Gower handbook of project management. Routledge.

Wednesday, December 4, 2019

The Science of Magic free essay sample

Human culture has always asked the question, is magic possible? I feel that if we reinstate the definition of magic as, â€Å"The action of powerful forces that cannot be explained through science,† I would argue that yes, not only is magic possible, but it happens all the time. I feel this way because the world is filled with invisible forces that nobody can explain, such as gravity, magnetism, electricity, or practically any fundamental force. Also, it seems very possible and even logical that monsters, ghosts, and mythical beings exist. Lastly, our own emotions and minds control patterns of society, and are far more wild, unpredictable, and powerful to have anything to do with science. When any force on earth is broken down into its most basic mechanisms, one will always run up against something that cannot be explained through science. For instance, magnetism, gravity, electricity, heat- do scientists know what any of those actually are? I’ll take heat as an example. We will write a custom essay sample on The Science of Magic or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Scientists know it’s produced when particles rub together, but that’s only why it happens, not what that discharge produced actually is. How about a nuclear explosion, one of the most powerful forces on earth? No one can deny that it works, and it works because a split atom is trying to get back together. But why are the atom’s parts doing that? What is it that binds them so tightly? Science has never found an answer, and probably never will. Here’s that definition of magic again. I’m saying that definition is, â€Å"The action of powerful forces that cannot be explained through science.† Isn’t everything we do linked in some way to a fundamental force? It cannot be denied that under this definition of magic, magic exists. Myths and legends include mention of magical or supernatural beings. If one balances the proof for and against many of these creatures, such as ghosts, fairies, and the Loch Ness monster, you might find it very difficult to come up with a case to prove their non-existence. For example, the idea of ghosts seems logical enough. Almost all cultures have theories to explain who they are, how they are made, and everything in between, and none of these theories are that far-fetched. They deal with our spirits, our egos: the idea that the part of us that thinks and feels is separate from our bodies, a concept that almost all cultures have considered at some time. Furthermore, what proof do we have against ghosts? Practically none, and still most humans will refuse to believe in them for their entire lives. Human perception of the â€Å"way things work†, a.k.a.: science, is so limited. Our planet is like a grain of sand on a beach, and our knowledge of our own earth is only a little bigger than our knowledge of the universe. How can someone possibly say that something doesn’t exist, just because they can’t see or touch it? Taking that into consideration, how can anyone hope to irreversibly prove the non-existence of, well, anything? For those with an open mind, or willing to put aside prejudices, does it not seem likely that they just need to open their eyes a little wider to find magic? And, lastly, another source of unexplained power, a source much closer to each of us, is the human mind. Human consciousness is truly a complex and mysterious force. It cannot be proven through science that human consciousness, or â€Å"ego,† a sense of â€Å"I†, exists, and yet no one needs any proof to know that theirs does exist. I’m talking about emotions, ideas, imagination- concepts that couldn’t be farther from the realm of particles and fundamental forces. Not only is this an unexplained source of immense power, this power affects, and even controls, not only art and culture, but every aspect of society. That includes even the most scientific and logical of matters. For example, the Toronto Stock Trade, a place ruled by numbers, can still be changed significantly by a shift of interests, a protest, a death. So now I’m talking about an immense power that affects and controls every aspect of human society in some way, a power that is way beyo nd the field of science and reason, and much more into the field of chance, irrationality, instability, and constant change. Does that not make human consciousness and ego sound exactly like magic? I think so. Taking into consideration what I have said, it seems very likely that magic exists. The world is already full of unexplained forces, even in the realm of science, that could easily be defined as magic. Besides that, if one were to turn to the realm of magic and magical beings from stories, myths, and legends, one might find it difficult to prove anything non-existent. Finally, human emotion is a powerful, complex, and unpredictable force that affects and controls human society, that cannot be proven through science, and that exactly fits the definition of magic. I am secure in my statement that yes, I believe that magic is possible.