Factors affecting course preference

Parent involvement is somewhat of a mystery within the field of education. Teachers often wonder how to encourage more parents to attend workshops while parents question how to best support their children's learning at home. Researchers struggle to conduct accurate studies isolating home-school collaboration as a channel for student achievement and policymakers have difficulty drafting a document that guides schools to work with â€Å"hard-to-reach† parents. Simply stated, schools and districts across the country struggle to involve parents as partners in heir children's education (Sheldon &Hutchins, 2011). Garland 2009) found that the most significant influence on the career choice of Indian students was the father. Likewise, parent's perceptions of their children's interests and abilities and their specific expectations for their child's success can affect choices, beliefs, and career actions. Similarly, because college students typically seek approval and family support reg arding specific career decisions, these students will probably experience a struggle if their career decision does not align with family expectations.In a recent duty confirmed the great influence of parents relating to career choice. It has also been established that several societies across the globe emphasize collective identity and significance of family. (Bryant et al. 2009) One of the challenges facing the accounting profession has always been how to attract competent applicants. In recent years the demand for accounting graduates has been strong. Although a severe economic downturn beginning in the fall of 2008 lessened the demand for accounting graduates, the employment outlook for entry-level accountants overall is positive.The purpose of this survey study is to assess the relative importance of factors affecting students' employment choices (Bloom & Miring, 2011). The results of this study can be useful to among others, employers, students, faculty and career counselors. R ecruiters could benefit from an understanding of factors students consider important when choosing among various employment offers. Greater understanding of influential decision factors can help the recruitment process, improve employee selection, and better match students with suitable employers.This could result in positive outcomes such as a more efficient acquirement strategy, greater employee satisfaction, and lower employee turnover. Accounting faculty and career advisors could also benefit from understanding factors affecting employment choices since they also help students assess employment opportunities. Today's graduating accounting students are members of Generation Y (Gene Years), a term used to describe those who were born between 1979 and 1994. Gene Years currently range in age from 14 and 29.Gene Years are shaped by their shared experiences due to economic, political, social, and cultural 32 Journal of Higher Education Theory and Practice volt. 1(2) 2011. Peer influen ce As we grow older, your peers actually helped shape your personality towards your strengths. You will be faced with some challenging decisions. In an article by Attar Manor she said that making decisions on your own is hard enough, but when other people get involved and try to pressure you one way or another it can be even harder.Be it school, college or workplace – making friends is important, and so is socializing, but there are ways to forge new ties and mix up with people without being pressurized by the peers. Friends never make you lose your identity, making rinds is about appreciating the differences and respecting individual tastes and still being together. Be comfortable with identity of who you are, and you will soon make new friends and be accepted by everyone. The effects of peer pressure can be prevented by simply teaching your child to be confident and comfortable in their own skin, without giving in such social influences.When making a decision it is not ther e is nothing involved for one to draw to their decision, one may not realize that this is process and that it is done every day several times a day. According to the text the definition of decision making is the process of choosing a course of action to deal with a problem or opportunity' (Shoehorning, Hunt, Osborn. & Uh-Been, 2010). Farmer (2010) also affirms that peers are not inherently positive or negative; they can be both good and bad.He further said that, peer friendships, group interactions, and influences are a part of positive development. Young people learn to evaluate themselves through the eyes of their peers, they get feedback on their personal characteristics, they gain social skills and confidence and they learn how to defer personal fulfillment to group goals. Young people also learn how to make themselves more attractive and interesting to others, they learn to control their aggressive reactions in the interest of fitting with others.Personal decision After a decis ion is made, people experience a variety of reactions. In addition, present decisions influence future decision making. Several of the outcomes that may result from a decision are regret or satisfaction; both of which influence upcoming decisions. Regret, feelings of disappointment or dissatisfaction with a choice made is one potential outcome of decision making. Interestingly, regret may shape the decision asking process. According to Abraham and Sheerer (2010), anticipated regret is the belief that the decision will be result of inaction.Anticipated regret may prompt behavior; that is, when a person indicates they will do something, such as exercise, they may follow through with their intended decision, to avoid regret. Once the decision is made, the impact of the decision, if regret is experienced, will impact future decisions. People can often get consumed with examining the other options that were available; the path not taken (Saga & Friedman, 2009). Satisfaction refers to owe pleased the decision maker is with the outcome of the decision. There are many things that impact levels of satisfaction.Boots and lounger (2011) observed individuals prefer to make their own decisions and believe they will be more satisfied with their choices; however, when people are given only undesirable options, decision makers are less satisfied than those who have had the choice made for them. Future decision making is based on past decisions, as well as levels of satisfaction or regret. Even though there is evidence to support this notion, in many cases, particularly when the session may be reversed, decisions may be based on the reversibility factor (Gilbert, & Bert, 2010).Significant to individuals' satisfaction is that people are willing to pay a premium for the opportunity to change their minds at a later date. Decision making is a critical aspect to feeling successful and happy in life; decision making is at the root of all we do. It is important to develop effective d ecision making skills and strategies. Problem solving strategies include, but are not limited to brain storming, cost benefit analysis, written remediation plans, and an examination of possible choices. The decision making process can be complicated and overwhelming.As a result, it is valuable for individuals to learn a model to follow, that may be applied to everyday decisions, as well as life changing choices (Western, Christianson, Food, & Santiago-Riviera, 2009). Justification of the study Parents are taking vital part in making decision in the lives of their children. It always been subjective that parents know what is best for their children and they want them to be in the right track. Children look for advice and approval for what is right and good for them in terms of decision making because sometimes they are fitful of what career preferences to choose if they will succeed or regret.Peer influence helps us to have decisions in life especially in the mode of work. It gives u s self-assurance and at ease on the career decision we made. Collaboration with our friends and mingle with others increase and shape our personal growth to set goals for achievement in ourselves. Personal decision makes us to become independent in our life. Deciding of what you really want makes you learn from previous occurrence and to become stronger to face challenges that you will become successful in the end.

Working capital management and how it affects the liquidity and Dissertation

Working capital management and how it affects the liquidity and profitaility position of the hotel industry in the UK - Dissertation Example Research Questions 8 2.2. Research Objectives 8 3. Literature Review 9 3.1. Working Capital & its importance 9 3.2. Working capital management 13 3.3. Inventory management 16 3.4. Cash management 19 4. Research methodology 26 4.1. Research philosophy 26 4.2. Research approach and technique 28 4.3. Sources & collection of data 29 4.4. Ethics 32 4.5. Credibility & verification 33 4.6. Research limitations 34 4.7. Estimated costs 34 4.8. Time activity 35 5. Findings 36 6. Discussions 41 6.1. Working capital & its importance 41 6.2. Management & control of working capital 42 6.3. Working capital & its effects on liquidity and profitability of a firm 45 6.4. Relevance of & impact of working capital in the UK hotel industry 47 6.5. Analysis & discussion 54 7. Conclusion & Recommendation 58 8. Reflections 63 References 67 1. Introduction With the advent of globalization and major change in economy, various sectors have come into picture and have shown promising development all around. One o f them is definitely the hospitality sector. People flock in from various part of the world for various purposes and here comes the usefulness of the service sector. A country’s reputation also lies in the quality of hospitality which it may provide. The super powers in respect of world economy certainly have a cutting edge than others. UK is a favorite destination to citizens all round the globe. The culmination of people of various societies can be found over there, who are out to make their living. As a result the service industry in UK is on a boom. 4.2 percent of investment is made in the service sector (Economic contribution of UK hospitality industry, 2010). The London Olympics which is to be staged in 2012 will see numerous foot falls as people round the globe will be there to witness the gala event. The government has taken steps to renovate the industry and provide best of service. An addition of 1.2 billion pound will be there to the economy (2012 London Olympics F act). Economy earned by the hotel industry can be contributed to other growing or lesser growing sectors. It is quite evident that the hotel industry, especially those engaged in large scale are surely to be benefited, and can face high profitability. But amidst this, proper financial management of resource and a control on the working capital is also required to raise long term profitability. The profit gained over this period of time can be invested and manipulated well for future days. One of the important aspects in finance deals with Working Capital Management. The term Working capital deals with two broad divisions of the Balance Sheet, i.e. current asset and the current liabilities and the numeric difference between them. The current asset mainly comprises of cash, sundry debtors which are also known as Accounts receivable and bills receivable and inventories whereas the current liabilities deals with short term debt, accounts payable, accrued liabilities and other debts. In lay man’s term working capital is one of the crucial requirements of a firm and is the fund which is required to meet up the day to days expenses. Working capital may vary from one organization to another based on their size and the amount of money that are engaged in current assets. Organizations employed with high fixed assets tend to possess a low working capital. Presence of an efficient working capital is of utmost importance to the firm and its assessment is also needed to be monitored in a correct manner. The overestimation or the under estimation both may lead to mishaps (Mathur, 2007) for the organization. Overestimation may hamper the return on investment by the accumulation of the inventories. Whereas the underestimation may curb the growth, as the organization will not move to venture into new projects due

Legal Issues in Undocumented Immigrant Workers Essay

Legal Issues in Undocumented Immigrant Workers - Essay Example However, the development of such means as electronic verification systems (E-verify) has become a major blow to the industry especially to the companies that was dependent on these undocumented immigrants. This is due to a reduction in the labor pool, higher wages and the cost of hiring new staff might shoot, and what looked like a humming industry could be brought down to its knees.With the changes that are being advocated for by human rights activists and other international bodies, it has come a time when the hospitality industry with have to face the impact of the new legislations put in place to advocate for the rights of these undocumented immigrants. Not that these legislations have not been there before, but the fact is that the government is setting up more profound measures that will ensure that the immigrants do not suffer the same historical injustices as they have suffered before. This will also be aimed at ensuring that the job market in the states is decongested, allow ing room for the citizens to have access to job opportunities.Previously, legislations were aimed at barring entry of some illegal immigrants especially from Asia, Japan and Korea. The Quota Act aimed at reducing the number of immigrants entering the country and dictated a gradual incorporation of any foreign born immigrants. For example, the Immigration and Nationality Act of 1952 that allowed H-2 visas to immigrants with labor skills to help in agriculture industry created an opportunity for immigrants to find legal refuge in the country.

Marketing management project Case Study Example | Topics and Well Written Essays - 500 words

Marketing management project - Case Study Example The critical problem of the agency involves a very important decision of whether to expand or continue the way it is for the agency. Grabbing a large portfolio would lead to expansion and better avenues of growth but it comes with the risks and the costs. Maintaining the status quo would be a less risky solution but not getting any return in the long run. Firstly, In case if the Yadana account doesn’t work well it would have to reducing the manpower hired for the account will damage the agency’s image. Secondly, determining the medium of advertising seems to be a problem, ignoring television would be ignoring the urban and metro market wherein radio and print would require a different skill set for a strong customer base to create. Thirdly, the customer although aware of the market is brand loyal and needs to be educated first. Fourthly, as the market seems to have shrunken it would actually be an opportunity in disguise. Very few players would always give a chance to grab a very large share of the market. 1. The investments would again run neck to neck with operating cost versus marketing costs. If the overall market is gloomy even if the most aggressive marketing techniques are implemented the results remain uncertain. 3. A customer survey and feedback would give a clear idea to the agency regarding the customer expectations. It would also give an opportunity to review its own strengths and weaknesses which is necessary. Advertising seems to be a very volatile business that fluctuates along with the markets and economic conditions. But if all the parameters of managing a business are to be applied then any business after doing an accurate assessment of its own strengths and weaknesses should go ahead and convert market threats into opportunities. Economic downturn is not a bane but certainly can be blessing in disguise. There are some changes which are forced by the environmental factors on the organization, but organizations who

Motivating Retired Workers Returning to Work Term Paper

Motivating Retired Workers Returning to Work - Term Paper Example According to Salatzar (1993), the retired workers have less ambition than the young workers and therefore are comfortable in the position they work for. Therefore these workers prove to be an asset for the company. Pearsall, a retired worker who rejoined the workforce have mentioned that experience in diverse subjects have assisted him to return to the workforce easily. However Cassidy, vice president for Concurrent Computers have mentioned that the biggest advantage of recruiting retired workers is that they have prior knowledge of the situation. Therefore if the situation happens to be something out of the usual the retired worker will have a higher chance of having prior experience about such situations and will be more at ease to handle the problem. There are several companies like Concurrent Computers that have preferred retired workers in their labor force. It is also necessary for many of the countries like United States to retain the aged people to their workforce because of their demographic nature. In 2002 the number of old people working or seeking work in United States was 62.9%. This is a result of the average age of the country which is very high. Apart from the need that arises due to the shortage in the workforce there is also a need of the retired people due to their expertise and skills in their profession. Moreover the average life span of the population in the developed countries has increased substantially and many people in the retiring age are perfectly healthy to work. Under such circumstances many of the companies and policy makers are looking for ideas to attract the retired workers back to the workforce. Motivations for the Retired Person Estimation by the United States Bureau of Labor Statistics show that more than one fourth of the country’s labor force would reach their age of retirement in 2010. This would lead to a huge shortfall in the labor force. Another estimate by the United States Census Bureau suggests that 73% of t he people in the population will have the age 55 or higher in 2020. It also suggests that the increase in the number of young workers in the labor force will be only 5% during the same time. Alan Price (2007, p 429) gives an estimate of 25% of the people in the workforce having an age of 50 or more in 2020. According to another statistic in 2030, 20% of the people in the country will have an age of 65 or higher. Under these circumstances it becomes imperative for the country to motivate the retired people back to their profession in order keep the economy going and sustain the targeted growth (Lockwood, 2003, p.3). Entrepreneurial efforts by the older people have doubles chances of success than the young people (Price, 2007, p.429). A survey was conducted by Metlife to comprehend the work pattern of the people after retirement. A number of people explained their motivation to return to the workforce. The survey showed that the motivation for returning to work varied according to age group. According to the people in their late sixties economic reasons were the main motivating factor for joining the workforce. It has often been seen after retirement the investments and the pensions are insufficient for the retired people to sustain their previous standard of living. Along with that perfect working capabilities

Bank Failure Case Study Example | Topics and Well Written Essays - 1750 words

Bank Failure - Case Study Example This however, also led to the fact that banks and other financial institutions started to take on more liberty due to this financial liberalization. The removal of restrictions on capital flows allowed banks to invest into cross border projects thus assuming more risks but also allowed them to indulge into banking practices which were more risky for the overall health of the financial institutions. The subprime mortgage market failure however, forced many experts including Prof. Susan M Wachter to conclude that the subprime mortgage failure will be much worse than the expectations held by most of the market participants. (Knowledge@Wharton). Evidence indicate that the literature comprehensively provided an insight into what may actually happen due to the lending policies adapted by the banks and other financial institutions and as such if such practices continue, it may be difficult for the financial system to sustain the increasing pressures from speculative activities in which banks and financial institutions have engaged themselves into. ... ning for the developing countries however, the current financial crisis and resulting insolvencies of banks like Lehman Brothers is an ample example of how the financial system of developed world can bear the heavy cost of bank insolvencies also. This paper will discuss some of the evidence and predictions that were presented in the literature published prior to the crises and will specially focus on literature published prior to 2003. Bank Failure Caprio G & Klingbiel D (1996) is of the view that the bank insolvencies have increased since 1970s and as such the losses are significant as compared to the losses that were incurred due to such bank insolvencies prior to such episodes. What is however, significant to note that such bank insolvencies clearly indicate the misallocation of resources as banks failed to identify and book profitable projects which can self generate the cash flows to repay the loans taken against them. (Caprio and Klingebiel). This analysis captures the real practices of the banks which continued in the 21st century also where banks continue to lend into those areas which were significantly more risky hence more deterimental to the overall health of the financial system. The lending into subprime mortgage market is just one example of imprudent lending practices adapted by the banks in order to achieve higher profitability targets with a very limited and short term horizon. What is also significant to understand that there was a systematic shift towards achieving the short term results as compared to ensuring long term insolvency of the banking institutions. Another analysis by Caprio G & Klingbiel D (1996) indicating that the worst affected of the crises would be Japan and other developing countries such as Argentine and Chile. (Caprio and

The Communication Effect on a Family Essay Example | Topics and Well Written Essays - 1000 words

The Communication Effect on a Family - Essay Example The essay "The Communication Effect on a Family" analyzes the research on how communication affects a family. The miscommunication is attributed to poor communication or lack of a common language between two people, ideally, this is triggered by the different viewpoints of speaking held by specific people. Basically, its major area of concern is the larger sense of community and indeed the whole human system in general. According to interaction view, each and every behavior is considered to be a way of communication thus it is totally impossible to evade communication. Communication can be perceived to be avoided but the use of non-verbal communication is one way of passing information. Silence is usually attributed to some issues which are considered to be completely beyond our reach or control thus rendering the idea of no communication to be totally impossible. For instance, I am a Chinese student studying in America but it would be impossible not to communicate to my family back in China. Basically, every form of communication is made up of specific content with regard to the relationship between the two parties involved. Generally, all communications contain specific meaning as per the words used and to the person, the information is intended to be delivered to. On the other hand, the information is based on how the sender or the speaker intends for his or her information to be perceived by the receiver. For instance, I always prefer to communicate with my family using Skype. not because I can not reach them through an ordinary phone but it’s due to the general perception of how the content of information I intend to deliver to them is perceived, ideally the relationship we have is the core factor of why the best method of communication is preferred between me and my parents therefore the viability of how and what the communicator said lies in the ability of one to interpret both the verbal and non-verbal aspects of communication. Metacommunication is generally regarded to be the core relational aspect of any interaction between two or more people. Punctuation also plays a critical role in determining the nature of relationship between the sender and the recipient of a certain massage. Both the sender and recipient of information behave in a different manner during the entire process of communication however these forms of behaviors are attributed to their partner’s reactions, ideally there is the feeling from both sides of partners with each side believing that the other partner is the main reason behind the strange behavior. There is need of punctuating the whole communication thus terming one part of it as the cause while the other part is referred to as the main response. There are several instances that occur in line with other subsequent events, basically this implies that when one event happens then most definitely it would trigger the other adjacent event to follow suit. This case applies to me when I do not tal k or communicate to my family back in china through the Skype then most definitely I will be depressed or have quilt feelings of breaking down communication to people who are so dear to