Tuesday, December 31, 2019

Diagnosed with right sided pneumonia leading to acute respiratory failure Free Essay Example, 2000 words

Diagnosis: Right-Sided Pneumonia Leading to Acute Respiratory Failure Diagnosis: Right-Sided Pneumonia Leading to Acute Respiratory Failure Question 1 Two days after Mr. Bukowski’s operation on the fractured right neck of femur, four key pieces of assessment data supporting the diagnosis of acute respiratory failure were observed. These includes abnormal respiration pattern, auscultation of breath sounds, measurement of arterial blood gases, and chest X-ray (CXR). The first key assessment data and the most observable symptom in the case of Mr. Bukowski is abnormal respiration pattern. The sympathetic nervous system is being stimulated by the increased carbon dioxide in the arterial blood, leading to increased heart rate and respiratory rate that helps the body to compensate for the hypercapnia and hypoxia (Smyth, 2005, 72). This is demonstrated by the elevated respiratory rate of Mr. Bukowski two days after the operation which is 28 breaths per minute and the observance of deep and labored breathing pattern. There is indication that he has been experiencing limited chest expansion as evidenced by intercostal muscle recess ion thus, indicating also his right lung has collapsed and will not received enough ventilation (Higgins & Guest, 2008, 24). We will write a custom essay sample on Diagnosed with right sided pneumonia leading to acute respiratory failure or any topic specifically for you Only $17.96 $11.86/pageorder now The abnormal respiration pattern characterized by increased respiratory effort and collapsed of the right lung supports his diagnosis of Acute Respiratory Failure. In Mr. Bukowski’s case auscultation of breath sounds is the second key assessment data needed to support the diagnosis of acute respiratory failure. Kaynar & Shama (2010) indicate that the most common reason for respiratory failure is the mismatch in the ventilation/perfusion (V/Q) (n. p). Mr. Bukowski was diagnosed with pneumonia and includes physical findings such as crackles, rales, decreased intensity of breathing sounds and presence of rhonchi breathing sounds, and used of accessory muscles during respiration. The presence of course crackles will lead to V/Q mismatch because course crackles in pneumonia indicate that he has existing secretions in the airway (Shackell & Gillespie, 2009, 18). Therefore, the contributing cause of respiratory failure in Mr. his case is diminished ventilation secondary to the presence of crackles and diminished entry sounds as revealed during the assessment process. The third key assessment data and the most definite indicator of acute respiratory failure is the measurement of arterial blood gases (ABG). Acute respiratory failure is a state in which the respiratory system fails to perform the gas exchange function (Lightower, Vedzicha, Elliott Mueller, 2008, 787).

Monday, December 23, 2019

Gendered Medi The Influence Of Media On Views Of Gender,...

In the article, â€Å"Gendered media: The influence of media on views of Gender,† Julia T. Wood (1994) stated that â€Å"women are underrepresented which falsely implies that men are the cultural standard and women are unimportant or invisible† (p.31). She goes on to say that this is the main reason why media distort reality; it creates a false image of the representation that is outside the media world. In Television women continue to be predominantly lacking and many people are wondering who is to blame. As the media world is primarily dominated by men, women activist are demanding for more women to be part of such a popular medium that is television. While some researchers believe that†¦, â€Å"the ways in which media represent the female subject and†¦show more content†¦Not only are Latinas negative portrayed, but when they are represented they play unimportant roles that have nothing to do with the plot. In order to increase the percentage of women in television, other groups of women should be equally represented. Portrayals of Latinas Latinas have been misrepresented in television for years, and not only are they misrepresented but they are barely seen portraying major characters. The Latino Media Gap conducted by Negrà ³n-Muntaner along with Chelsea Abbas, Luis Figueroa, and Samuel Robson examines Latino’s inclusion in the mainstream media to have an inclusive media landscape. The report makes eight findings on the gap between Latino presence and media inclusion in the United States. One of the findings that might support this study is that â€Å"the participation of Latinos in programming is extremely limited† (Negrà ³n-Muntaner et.al. p. 2). According to the report, in the 1950s Latinos had a higher percentage of lead actor appearance when they were only 2.8% of the U.S. population, and now that they are 17% of the U.S. population the percentage of Latinos lead actors is significantly low. In the article, â€Å"Latino representation on primetime television,† by Mastro, D. E., Behm-Morawitz, E. (2005) they noted that not only Latinos are dramatically underrepresented in television compared to other groups of people, but â€Å"Latinas have been underrepresented in terms of both their gender and their ethnicity† (p.111). This is exceedinglyShow MoreRelatedEssay about Gendered Media9688 Words   |  39 Pages7 Gendered Media: The Influence of Media on Views of Gender Julia T. Wood Department of Communication, University of North Carolina at Chapel Hill times more often than ones about women (â€Å"Study Reports Sex Bias,† 1989), media misrepresent actual proportions of men and women in the population. This constant distortion tempts us to believe that there really are more men than women and, further, that men are the cultural standard. THEMES IN MEDIA Of the many influences on how we view men and

Sunday, December 15, 2019

How to Use References in Your Essays Free Essays

This is a quick guide to the different systems of referencing you might be asked to use. Normally you will have to use only one system during your academic course, but it’s useful to be familiar with other styles. This guide does not cover all the possible referencing systems, nor the variations of each, so seek further clarification from your department or the many useful online sources available. We will write a custom essay sample on How to Use References in Your Essays or any similar topic only for you Order Now Citations and References Be aware of the difference between citations and references. Citations are placed in the body of your essay, and indicate to the reader where the idea you are stating has come from. They are typically a shorter form. The full reference is given in the reference list which comes at the end of the essay. Different systems of referencing use different conventions for both citations and reference lists. Some systems also stipulate that you should include a bibliography, a list of texts which you used to gain a broad understanding of the subject but which you do not refer to directly in your essay. Some of the most common referencing styles are Harvard, APA, MLA and Chicago. Other styles include IEEE (used in computer science and electronics), Vancouver (sciences and mathematics) and OSCOLA (law). There are a number of computer packages to help you with references. The following links to a table which compares the different ones and lists their pros and cons: http://ox.libguides.com/content.php?pid=294548sid=2418329 Harvard The Harvard referencing style is widely used across a number of subjects There are several different versions of this style, so do check which is used in your department The style is based on name and date for citations, with number also sometimes used. This links to a guide giving one version of Harvard referencing in detail: http://libweb.anglia.ac.uk/referencing/harvard.htm There are some online free reference-generating tools available, for example: http://www.neilstoolbox.com/bibliography-creator/ APA The referencing style of the American Psychological Association is known as APA. It is commonly used in psychology and the social sciences. Like Harvard, there are different versions of APA style. Features include the use of indentations in reference list, ampersands (‘’) instead of ‘and’, and ways of treating multiple authored texts. This links to a guide to APA: http://www.apastyle.org/ MLA MLA is the referencing style of the Modern Languages Association. It is used in philosophy and English. The rationale behind citations in the MLA system is to provide sufficient information for the reader to identify the source, with full details given in the reference list. It also rules that information given in brackets should not repeat information given in the text In MLA the name and page number make up the citation, rather than the date. Names also include initials in citations. Like all referencing systems, MLA dictates a particular way of dealing with online and electronic sources. This is a guide to the MLA style: http://www.library.cornell.edu/resrch/citmanage/mla Chicago The Chicago style is used in English and History. In Chicago use is made of footnotes, and readers are given full bibliographic details of each source used, as it is cited on each page. Other footnotes referring to the same source give the information in a shorter form. A bibliography lists all works mentioned in the text While footnotes appear in the order in which authors are mentioned in the text, the bibliography is alphabetical This is a guide to Chicago style: http://libweb.lancs.ac.uk/g79chicago.htm Bibliography Imperial College (2013) ‘Reference Management’, [online] (cited 13th February 2013) available from http://www3.imperial.ac.uk/library/subjectsandsupport/referencemanagement University of Bristol (2013) ‘A guide to referencing academic work’ [online] (cited 14th February 2013) available from http://www.bristol.ac.uk/arts/exercises/referencing/referencing%20skills/page_01.htm University of Cardiff (2013) ‘Citing and Referencing in the Harvard Style’, [online] (cited 13th February 2013) available from http://www.cardiff.ac.uk/insrv/resources/guides/inf057.pdf University of Cardiff (2013) ‘Referencing in the MHRA Style’, [online] (cited 13th February 2013) available from http://www.cardiff.ac.uk/insrv/resources/guides/but028.pdf University of Southampton (2013) ‘Acknowledging Knowledge: an Academic Guide to Referencing’, [online] (cited 13th February 2013) available from http://www.learnwithus.southampton.ac.uk/academicSkills/pdfs/acknowledging_knowledge.pdf How to cite How to Use References in Your Essays, Essay examples

Saturday, December 7, 2019

Bloomberg will text free essay sample

Bloomberg will text you a log-in authentication code that you will need to complete your account creation. If you do not have a cell phone, you can select an option to have a Bloomberg representative call the computer operators desk in Mann. The number is 607-255-3240. Provide this number on the form. 5. Once you have submitted the form, you will receive a text almost immediately or a call within 5-10 minutes. (note: If you select the option to call the computer operators desk, the Bloomberg representative will send a confirmation number which you will see on the Bloomberg screen. You will need to read this number off to the representative. ) 6. Login with your newly created login information and you are all set! The Basics Bloomberg is largely a command and mnemonic driven database. This means that you have to enter commands in a certain format, and that there are codes (or mnemonics) to get specific pieces of information. We will write a custom essay sample on Bloomberg will text or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Typically you will have 4 available screens to work from (although more can be added). Select any one of these windows and you can get started. The format Bloomberg prefers is basically the security identifier (usually a ticker) followed by the market (e. . Equity, Commodity, Currency, Treasury). Use the Yellow keys to select the Market. This will take you to that securitys Main Menu. You can then use the mouse to explore for the information you want. As you learn the codes, itll become much faster to go directly to a certain piece of information rather than search through the menu. You can add a code at the end of the command line to go to that piece of information directly. For Financial Analysis it looks like this: GOOG FA Auto-complete If you do not know the Ticker for example, you can start typing in the Company Name, nd Auto-complete will give you a number of options to select from. For example, if you start typing in Corning (do not hit), a drop down list will appear giving you the name of securities with Corning in the Name (in this case GLW US Equity is the main page for Corning). You can also use Auto-complete to fgure out some of the codes. For example GOOG PIE will give you several options for viewing the Price to Earnings ratio for Google. Bloomberg University The Command based system that Bloomberg uses does take some getting used to. Because of this, they have developed an in-depth, 8 video training program called the Bloomberg Essentials Training Program (or Bloomberg University). To get there, type in BIJ in the command line and select the View Training Videos Option. There are 4 Core Videos that are recommended for everyone; Getting Started, News, Market Monitors and Excel. There are also 4 Market videos with details on searching for securities in that Market. These are Equity, Fixed Income, Commodity and Forex (or Acknowledgement of Completion (Certification) There are 5 exams that you can take in Bloomberg University that test your understanding of the Database and to some extent the content. There is a single exam that matches with the 4 Core Videos, then a single exam for each of the 4 major Market Sectors.

Friday, November 29, 2019

Inventions and Discoveries

Introduction Invention can be defined as a final result of imagination which could have originated from a mere conception or from experimental researches. Discovery on the other hand is initial or primary acquisition of a given idea or information by an individual.Advertising We will write a custom research paper sample on Inventions and Discoveries specifically for you for only $16.05 $11/page Learn More As invention gives credit to the person who performed the act as the actual source of the conception, discovery is a credit to any other person who comes across an idea for the first time with respect to himself or herself. Invention is therefore a special primary discovery. This paper seeks to discuss some of the significant discoveries that were made as a result of the inventions of the telescope and the microscope. The paper will look into the history of the discoveries and their effects in the development of the human well beings as well as the enha ncement of the human understanding of the surrounding nature in terms of changing the traditions and the society. Discoveries due to Invention of the Microscope The invention of microscope occurred in the sixteenth century. Believed to have been invented in Netherlands, the technology of the microscope was developed over time by the improvement on the lenses and other features of the microscope. Some of the significant discoveries made through the use of microscopes include the discovery of yeast fungus by Louis Pasteur and the discovery of cells that led to the cell theory (Microscopy, n.d). The Discovery of Yeast Fungus The discovery of yeast fungus is attributed to Louis Pasteur who was a French national. Born in the year 1822, Louis was schooled to advanced levels of education even though most of his teachers didn’t think of him as worth the higher levels of education. Louis Pasteur was the first personality to lay down the foundation of fermentation. He illustrated in hi s discovery the process by which yeast aids the process in which alcohol can be obtained from sugar. In his discovery, Louis disapproved the initial perception that the process of brewing alcohol from sugar was a purely a chemical process rather than a biological process.Advertising Looking for research paper on biology? Let's see if we can help you! Get your first paper with 15% OFF Learn More In the discovery, he demonstrated that yeast is living organisms that can undertake a process of anaerobic respiration that yields fermentation (Science, 2011). The discovery made by Louis that established yeast as the driving engine behind the brewing of alcohol changed the traditional perception that the brewing process was chemical. It had been previously assumed and believed that the process of brewing alcohol was primarily a chemical reaction. The assumption of the chemical process in the conversion of sugar into alcohol subsequently covered a lot of risks that alcohol expo sed people to as a result of its bacterial components. In the discovery, it was realized that the fermentation process was infested by a number of disease causing micro organisms that included bacteria, fungi and a number of yeast species. As a result of the presence of disease causing organism in the fermentation process, steps were taken by another scientist to eliminate these organisms from yeast. The success of this elimination strategy allowed for a brewing process that was free from the micro organisms apart from the yeast. There were further studies and successes in the refining of the fermentation process which was fueled by Louis’ discovery of the yeast as the basis of fermentation. The move saw the development of the brewing industry and the elimination of disease causing organisms as components of alcohol. By so doing, the discovery by Louis improved the welfare of people by setting a stage upon which their health was taken care of. The elimination of the bacteria and the other organisms from yeast and further developments of the brewing process had the positive effects of eliminating the diseases and medical complications that were caused by these micro organisms. The discovery of the yeast further led to development of the knowledge of the biological sector of micro organisms and the subject of anaerobic respiration (Khachatourians and Arora, 2002).Advertising We will write a custom research paper sample on Inventions and Discoveries specifically for you for only $16.05 $11/page Learn More The Discovery of Cells and the Cell Theory The discovery of cells was made by an English man called Robert Hook. Hook, after designing and upon using a microscope, made an observation in 1665 of substances whose composition he expressed as numerous little boxes. He named the little boxes as cells derived from the Latin meaning of â€Å"little room†. The discovery made by Hook broke the traditional belief that had exist ed among people that human body is one whole and uniform substance. Hook on the contrary brought people to the realization that a human body is made up of small tiny substances called cells. It has further been established that cells are the primary building elements of organisms (Crown, 2003). The discovery of cells, after a number of studies led to the establishment of the cell theory. The concept of the cell theory explained that â€Å"organisms are composed of similar units of organization called cells† (Meisler, 2006, p. 1). Having its history from as early as 1838, the theory described the cell as distinct element with its own features and as a component of a bigger structure which is the organism. The cell theory established the facts that living organisms are composed of these elementary cells, that the cells in the organisms are both structural elements and functional components of the organisms; cells are genetic with features that are transmitted during cell divisi on and that the cells have similar composition. The establishment of the cell theory, however, originates from the discovery of cells by Hook which was facilitated by the invention of the microscope. The discovery of cells refuted the earlier perception that the body organs were a uniform mass of substance. The discovery on the contrary illustrated that the structural organs of organisms are composed of small cells that together forms the organs or body parts. The discovery subsequently led the advancement of knowledge through further discoveries and studies about cells and the organs that they form. The extension of the discovery and the study of the cells to the discovery and study of the nucleus by Brown and the further exploration of the components of cell, types of cells such as the reproductive cells and the DNA cells have been explorations in the subject of biology. The study of the human anatomy which also originated from the discovery of cells has led to discoveries and imp rovement of human health through discovery of medicines that help in preserving human health. The cell discovery though a small ancient innovation, has developed to be the core of human health (Meisler, 2006).Advertising Looking for research paper on biology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Discoveries due to the Invention Telescope The invention of the telescope is, according Fowler (n.d.), officially attributed Galileo. The invention was formerly made by a man called Roger Bacon who failed to obtain a patent for his invention on the grounds that his innovation was too simple and could be easily reproduced. Galileo then later in his experiments discovered an improvement on the knowledge that pre existed. In his innovation, Galileo realized that the magnifying power highly depended on the ratio of the strengths of two lenses used in the system, the concave and the convex lenses. After his discovery and modifications, Galileo was granted tenure over the developments (Fowler, n.d.). The Dark Energy The invention of telescope opened the universe for study by astrologists. With a clearer and better view of the universe by aid of the telescope, many discoveries have since been made about the features of the universe and the changes that are taking place. One of the stunning discoveries made was the observation of the dark energy. Dark energy is a feature of the space. According to NASA (n.d.), the dark energy is exerting an effective force that is greatly accelerating the expansion of the universe. The discovery of the dark energy and the expansion of the universe posed a challenge to the previous theory of gravitational force. Under the theory of force of gravity, there would be no expansion of the universe as the force exerts an attraction towards the center. This discovery of the dark matter has further triggered the study into the universe by casting doubts on the centrifugal theory (NASA, n.d.). Walker (2010) expressed the fear that the extensiveness and totality of the dark energy in the universe which has a negative implication on the strength of the gravitational force yields a reason for worry. He recounted that scientists consider the dark energy to be a threat to the universe, though they estimate that the universe still has billions of yea rs of existence. The discovery is greatly developing the understanding of the state of the universe as more effort is being made to understand the effects of the dark energy. The dark energy is still more of a mystery but could turn out to be advantageous or dangerous to the welfare of people. More of its nature and effects are yet to be discovered (Walker, 2010). Planetary Nebulae The planetary nebulae have their history of discovery dating from the eighteenth century. The name nebula was accorded to these matters owing to their similarities to the color of Uranus and Neptune. The nebulae are gaseous substances with a fuzzy view and a recognized level of symmetry (Kwok, 2007). Their discovery added to the richness of the study of the universe. The ability to identify and view planetary nebulae was basically due to the existence of the telescope that has exposed the universe to exploration. Their discovery further led to advanced study that led to the revelation of how they are form ed, their properties and their distribution. The discovery can therefore be similarly credited with enhancement of human knowledge of the universe in general, and that about the planetary nebulae in particular. The knowledge of the formation of the planetary nebulae for example illustrates that evolution of a star leads to emission of a great wind. An instability created in the process leads to the breakage of the outer layer of the star. This results in hot substances that can then be seen as a glowing disc. An important idea noted about the planetary nebulae is the fact that they are reabsorbed into the â€Å"interstellar medium†. This means that the emissions in the process of the formation of the nebulae do not spread to the earth. This has a significant importance to the general inhabitants of the earth considering the fact that some of the foreign emissions into the earth’s atmosphere are normally dangerous with adverse side effects. An illustrative example is th e harmful ultra violet radiations into the atmosphere. The knowledge of the reabsorbing these emissions into their systems is a relief that builds confidence in people concerning their safety and welfare on earth. The discovery of the planetary nebulae has therefore promoted the development of knowledge through furthering studies and invention as well as stabilizing fears of external threats to the earth’s atmosphere (Darling, n.d.). Conclusion The world of discoveries and inventions has been in existence for over centuries. The inventions have been diverse covering both theories and instruments. The discoveries and inventions are on their merits spontaneous processes with one step leading to a chain of further discoveries and inventions. An illustration is seen in the invention of the telescope and the microscope that further led to discoveries of elements like the brewing process, the cell theory, the dark matter as well as the planetary nebulae of the space. These discover ies have in one way or the other developed the human knowledge by furthering studies and as well enhanced the well being of people either socially or in terms of health. References Crown. (2003). The discovery of cells. Strengthening Teaching and Learning of Cells. Retrieved from: https://www.google.com/url?sa=tsource=webcd=6ved=0CFUQFjAFurl=http%3A%2F%2Fwww.school-portal.co.uk%2FGroupDownloadFile.asp%3FGroupId%3D20629%26ResourceId%3D184101rct=jq=discovery%20of%20cellsei=OjiCTdelPI3W4gb8yvyACQusg=AFQjCNFNfuZDr4M94GIIv9XIXZxe2guWLgcad=rja Darling, D. ( n.d.). Planetary nebula. David darling Info. Retrieved from: http://www.daviddarling.info/encyclopedia/P/planneb.html Fowler, M. (n.d.). Galileo and the Telescope. University of Virginia. Retrieved from: http://galileoandeinstein.physics.virginia.edu/lectures/galtel.htm Khachatourians, G. and Arora, K. (2002). Agriculture and Food Production, Volume 2. Netherlands: Elsevier. Kwok, S. (2007). Planetary nebulae. ScholarPedia. Retrieved f rom: http://www.scholarpedia.org/article/Planetary_nebulae Meisler, C. (2006). Cell Theory and Cell Organelles. Bemidjistate. Retrieved from: http://www.bemidjistate.edu/academics/departments/science/k12-science-units/Celll-theoy-and-organelles-biology.pdf Microscopy. (n.d.). The history of the microscope. Microscopy. Retrieved from: http://www.microscopy-uk.org.uk/intro/histo.html NASA. (n.d.). Dark energy, dark matter. Science NASA. Retrieved from: http://science.nasa.gov/astrophysics/focus-areas/what-is-dark-energy/ Science. (2011). Louis Pasteur. All About Science. Retrieved from: http://www.allaboutscience.org/louis-pasteur-faq.htm Walker, L. (2010). Will Dark Energy Destroy the Earth? Retrieved from: http://www.ucg.org/commentary/will-dark-energy-destroy-earth.htm This research paper on Inventions and Discoveries was written and submitted by user Paula E. 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.

Monday, November 25, 2019

Power of Children in the Tourism Industry

Power of Children in the Tourism Industry Introduction Across the world, tourism is a major economic activity, which contributes significantly to the economic growth of many countries that have tourist attractions. Since people are social beings, they like travelling to various tourism destinations as tourists.Advertising We will write a custom essay sample on Power of Children in the Tourism Industry specifically for you for only $16.05 $11/page Learn More Since routine schedules of workplace and businesses are boring, people use tourism as a means of rejuvenating, gaining motivation, and reflecting about their lives. Over the recent past, tourism has experienced outstanding changes in terms of consumers and their preferences. One of the main entrants into the tourism and hospitality market is the set of consumers that comprise of families and young children. As opposed to the past, where fathers made major decisions concerning holiday destinations, mothers and children are now active participants in decision-making and even have the power to influence the choice of destinations that families visit during holidays. Therefore, the essay describes the families as potential consumers of tourism products and cites the influence that children have in choosing tourism destinations. Influence of Children in Holiday Decision Making Children are part of the family and make up an influential segment of decision makers in the family and thus they participate actively in decision-making. Remarkably, the number of families that visit tourist destinations and hospitality facilities has risen over the recent past to a significant level. The rising demand for tourism and hospitality products that cater for the needs of families has led to shifts and adjustments in various establishments, which provide tourism and hospitality products in the quest to meet family expectations.Advertising Looking for essay on communications media? Let's see if we can help you! Get your first paper with 15% OFF Learn More Some of the ways that children affect the decisions that families make on holiday destinations include their preferences, purchasing decision, buying behaviours, choice of locations, accommodations, activities, and influences from their peers. According to Blichfeldt et al. (2010), children have varied preferences in terms of location and activities, as well as the types of products that they like consuming. These differences usually determine the holiday choices of parents since they have to consider the differences when making decision about holiday destinations. Purchasing decisions and buying behaviours of children are different from that of adults. As opposed to adults, who do not engage in impulse buying, children tend to purchase various products irrespective of the holiday budget. Additionally, children love products such as snacks and games, which may not be in the set of adult preferences. Due to the existing differences in buying patter ns and behaviours, families decide holiday destinations to visit based on the differences. Several hospitality and tourism establishments are currently aligning their services so that they can provide services that do not only meet requirements of adults, but also satisfy the needs of children (Kang, Hsu, Wolfe 2003). The alignment of services by hospitality and tourism facilities happens because children are currently among the major consumers of tourism products. The influence of children in families has compelled several families to visit those destinations that offer services, which match the desires of both adults and children. Children influence the choice of locations, accommodation facilities, and the type of activities that families engage in during the holiday. The influence that children exert transpires because of the diverse tastes, likes, and dislikes of adults and children.Advertising We will write a custom essay sample on Power of Children in the Tourism Ind ustry specifically for you for only $16.05 $11/page Learn More Families that are on holidays usually try to ensure that each individual in the family enjoys the holiday. Therefore, families prefer visiting a destination that has the facilities, which satisfy adult and child requirements. Theme parks, arboretums and other tourism facilities and establishments, which offer services such as face painting and bouncing castles, make up the main types of destinations that families prefer visiting. Conversely, destinations that only meet requirements of adults receive several adults as opposed to families. Philips, Canter, and Abbott (2011) argue that the numbers of hotels that provide family facilities are increasing in several tourism and hospitality establishments. The power of children in families implies that they dictate the locations that families visit, the type of accommodation facilities, and the type of activities that families undertake during the holiday. Pee r influence is another factor that affects the choice of holidays among families, especially children. Since children are vulnerable to influences and coercions from their friends, they are likely to use the pressure from friends to determine holiday destination for families. Children can compel a family to visit a destination that their colleagues visit, as they need the company of their friends and peers. As a result, children are currently dictating the choices that families make concerning the locations and places to visit during holidays (Marino 2003). In some instances, families compromise their likes and preferences with a view of satisfying the needs and demands of their children. The compromise that parents make regarding their preferences and needs evidently outlines the force and power that children have on the holiday choices.Advertising Looking for essay on communications media? Let's see if we can help you! Get your first paper with 15% OFF Learn More Probability of Common Decision Making Due to the diverse perceptions, motives and interests towards tourism and hospitality establishments, parents and children often vary in terms of locations to visit. The variance can lead to dissatisfaction among parties in the family, who feels oppressed or undermined in line with the choice of place or holiday destination (Boterhill Haven 2003). However, there is a chance of families coming to a mutual agreement on the destination that they want to visit during the holiday. Compromise, involvement, safety, and attractions are some of the factors that families can use to achieve a common decision on the place to visit. Since it is impossible to satisfy the needs of all individuals in a family, parents can compromise and adjust their perceptions, likes, and preferences so that they ensure that their children enjoy their holiday and the choices they make. Families can involve their children in the decision-making process as it enables them to un derstand various needs and expectations that their children have concerning the choice of place to visit during holidays. Poor participation of children in families on aspects like holiday destinations results in assumptions from parents, who believe that a certain place is good for their children when children hold contrary opinions. Therefore, it is very crucial to involve all the stakeholders in the family, which are the children and parents, in holiday decision-making. When all individuals in a family take part in the decision-making process and present their opinions, feelings of satisfaction and fulfilment develops in their minds. The feelings develop because the individuals know that other people in the family respect and honour their points of view. According to Goh et al. (2010), every individual has diverse opinions and perspectives on the types of tourism products that they love consuming. Therefore, child involvement in decision-making is very instrumental in achieving a common decision in the choice of place to visit during family holidays. Safety is another factor that compels families to make a common decision as it overrides personal preferences and likes. Regardless of the tourism and hospitality products offered by a tourism attraction, insecurity renders the subject location unsuitable for tourism. Children and parents in the family opt to visit destinations, which are safe and secure for the safety of their families is crucial factor that they cannot overlook. Onder, Yoldorom, and Ozdemir (2013) explain that safety is one of the major factors that determine consumer’s choices of tourism locations. Presence of insecurity in a destination drives tourists away from the region because it is a push factor in tourism. Travel advisories, and embassies are very important in the passage of information to the society on safe locations to visit. The common agreement is obtainable in the context of safety because parents and children believe in the importance of peace and tranquillity and loathe the outcomes orchestrated by insecurity. External Factors that Prompt Holiday Decision-Making Families just like other types of tourists respond in similar ways to externalities that affect other tourists in decision-making. Some of the externalities that affect families in deciding the locations to visit include induced image of a destination, push and pull factors, pricing, and flexibility of tourism and hospitality establishments. Families are likely to visit regions or establishments that have good reputation and image. Good reputation and image emerge due to the services provided by the facilities to consumers, who market them through a word of mouth to other potential consumers (Bjork Jansson 2008). The marketing image that a destination receives from past consumers and the level of advertisement influence the willingness of consumers, especially families. It is imperative to understand that the image of a destination is dep endent on factors such as security, economy, and the interrelationships among countries that service providers cannot manipulate or change. Push and pull factors are those factors that either drive tourists away from the tourist attraction or bring them to the attraction. Goodrich (2014) asserts that the push factors scare tourists away from the attraction, while the pull factors attract tourists to an attraction. Insecurity and conflicts among countries, recession, language barriers, and the inflations are some of the push factors that increase unwillingness of families to visit certain tourist destinations. On the other hand, good relationships among countries, economic balance, and good security are among the factors that increase the willingness and the tendency of families to visit and consume tourism products in subject regions. Remarkably, push and pull factors are not within the control of service providers in the tourism and hospitality industry, and thus, they have no cont rol or power over the factors. Pricing determines the choice of destination that families choose to visit because families are among the types of tourists, who value their money and need effective utility. As opposed to past consumers, who focussed on the quantity of products that facilities offered, modern consumers emphasise on the quality of the services in relation to their attached value (Marino 2003). In this regard, consumers often go for services that promise value for their money. Costs associated with labour and raw materials determine the price charged on a good or service. The rise in cost of raw materials causes a corresponding increase in the cost of production (Ballantyne Packer 2009). The increase compels service providers to increase the cost of services that they offer. The fact that food prices and the prices of other tourist services like sightseeing and transport depend on the changes in the economy and global product prices implies that service providers have very little influence on the price. Flexibility of service providers in the tourism and hospitality industry is one of the essential factors that influence families using certain facilities and consume the services offered. If a facility is flexible, then it quickly adjusts to the prevailing consumer requirements and provides consumers with what they expect, and thus, satisfy them (Ballantyne Packer 2009). Tourism destinations also need to be flexible so that they can deliver what is best for the consumers, who comprise of children and adults. When families realise that a destination quickly adopts modern technologies and copes with their changing requirements, their willingness to visit the destination increases. According to Fuller et al. (2007), consumers in the tourism and hospitality industries are very trendy and ever changing, therefore, service providers in the industry must be flexible and adaptive. The need for flexibility in hospitality and tourism establishments is due to the changes that consumers portray in the industry, which are unstoppable, uncontrollable, and unpredictable. Conclusion In the recent past, a new type of tourism has developed in the field of tourism. The new type of tourism comprises of families, which are increasingly travelling to various destinations and consuming the services provided by the establishments of tourism and hospitality. As a new entrant in the tourism and hospitality market, families pose a challenge to the industry since they require the creation of new facilities that cater for the requirements of children and adults. Remarkably, children have also changed the choice of holiday destinations that families visit as they dictate the families to choose places that meet their needs and preferences. References Ballantyne, R, Packer, J 2009, ‘Trends in Tourism Research’, Annals of Tourism Research, vol. 36, no. 1, pp. 149-152. Bjork, P, Jansson, T 2008, ‘Travel Decision Making: The Role of Habi t’, An International Multidisciplinary Journal of Tourism, vol. 3, no. 2, pp. 11-34. Blichfeldt, B, Johansen, A, Pederson, B, Hansen, L 2010, ‘Teens and Vacation Decision Making’, Journal of Tourism Consumption and Practice, vol. 2, no. 1, pp. 1-20. Boterhill, D, Haven, C 2003, ‘Virtual Learning Environment in Hospitality, Leisure, Tourism, and Sport’, Journal of Hospitality, Leisure, Sport, and Tourism Education, vol. 2, no. 1, pp. 75-92. Fuller, D, Wilde, S, Henlon, J, Mason, S, Armstrong, B 2007, ‘Destination Choice An Exploratory Examination of Visitor Behaviour in Coastal Tourism Destination on Australia’s East Coast’, Journal of Travel and Tourism Marketing, vol. 5, no. 1, pp. 45-52. Goh, D, Ang, R, Lee, C, Lee, K 2010, ‘Determining Services for the Mobile Tourists’, Journal of Computer Information Systems, vol. 51, no. 1, pp. 31-40. Goodrich, J 2014, ‘The Relationships between Preferences and Percepti ons of Vacations, Destination: Application of a Choice Model’, Journal of Travel Research, vol. 53, no. 3, pp. 8-13. Kang, S, Hsu, C, Wolfe, K 2003, ‘Family Traveller Segmentation by Vacation Decision Making Patterns’, Journal of Hospitality and Tourism Research, vol. 27, no. 4, pp. 448-469. Marino, E 2003, ‘The Strategic Dimension of a Destination Image. An Analysis from the Italian Tourists Perceptions’, Journal of Travel and Tourism Marketing, vol. 9, no. 4, pp. 47-67. Onder, E, Yoldorom, B, Ozdemir, M 2013, ‘Multi-Criteria Approach for Evaluating Tourism Destinations in Turkey’, Academic Journal of Tourism and Management Research, vol. 1, no. 1, pp. 1-15. Philips, W, Canter, D, Abbott, J 2011, ‘Hospitality and Tourism Research Ranking’, Journal of Hospitality and Tourism Research, vol. 35, no. 3, pp. 381-416.

Friday, November 22, 2019

The Effect of Capital Structure on Share Prices based on the FTSE 100 Essay

The Effect of Capital Structure on Share Prices based on the FTSE 100 - Essay Example Further analysis of the literature has revealed that besides Market Value, the debt levels of the firm as well as the earnings offered to investors are other influential factors that determine the stock price. This paper aims to construct a regression model for the stock price of most FTSE 100 firms by accommodating these three parameters as variables. Further, the paper contains an elaborate statistical analysis to improve the model and remove any inconsistencies. Studies on Corporate Finance by researchers like Kevin (2006) have debated over the consequences of examining the fragmentation of the firm’s capital structure into various organizational parameters and have expressed the possibilities of analyzing their individual and collective influences on the movement of related share prices and their ultimate impact on returns to shareholders. A company’s capital structure consists of a multitude of assets in the form of equity, debt and other securities, each of which are included into the structure in proportions deemed necessary and sufficient by the firm. Studies by Modigliani and Miller (1958) conducted studies which demonstrate that in scenarios where the investment decisions are fairly stable, the market value of the firm stands invariant to its capital structure composition assuming that the financial markets are perfect in nature (i.e., markets comprising perfect competition and no friction) and provide tax-free returns. Further, Kleinbaum (2008) has shown that in cases where there is an additional component of protective debt covenants, the market value of the firm’s securities is not influenced by any changes in the capital structure. However, the value of the firm and the invariance of the security values can be vulnerable to taxation both at the firm as well as individual levels. This is also true in the case of debt covenants that are