Saturday, February 15, 2020

How Peer pressure can be turned into a positive Essay

How Peer pressure can be turned into a positive - Essay Example Peer pressure also motivates the youth. Despite the negative attributes often associated with peer pressure as being destructive to young people’s overall development, it has instrumentally uplifted youth from the depths of confusion and emotional turmoil to clear paths in life. Peer pressure is erroneously thought to only elicit negative effects amongst young people. However, this fails to consider the numerous positive benefits that can be gained from peer pressure. For example, peer pressure could act as a motivation because it boosts one’s morale in becoming better at certain things. Additionally, under motivation, children coming financially unstable homes find an impetus to work hard in their academic studies to get better jobs and earn handsome salaries. In the same capacity, motivation helps people in understanding different issues from multiple spectrums. Overall, it raises a person’s self-esteem and confidence. It is usually peer pressure through motivation, for example, that leads young people to embrace activities such as exercising to maintain healthy bodies. They also practice healthy habits that does not make susceptible to diseases. Integration of socialization skills is another way how peer pressure can be turned into a positive thing. This is because it enables the socializees to make friends that usually expand their networks in terms of opportunities and chances in life. Alternatively, socialization is a healthy exercise that inspires people to join different co-curricular activities such as drama, sports, and clubs among others to achieve popularity amongst their peers. Therefore, through socialization, citizens cultivate vital cultures of collective behavior and unity as benchmarks for group norms. In other words, peer groups interconnect its members through creating platforms for group conformity and group consensus. Identity formation is equally an integral merit emerging from peer pressure that is often overlooked. This

Sunday, February 2, 2020

A Brief Discussion and Analysis into the Definition and Importance of Term Paper

A Brief Discussion and Analysis into the Definition and Importance of such a Concept within the World of Operational Management - Term Paper Example Whereas asset management is necessarily one of the primal duties that any manager must necessarily engage in, asset management cannot and should not be understood as something of a monolithic term. Accordingly, both long and short term assets exist. Oftentimes, within the realm of asset management, the reader or individual is led to the belief that nearly all asset management must necessarily be long-term However, the fact of the matter is that short-term asset management is a process that requires a far higher percentage of the manager’s time than does long-term asset management. Although the planning and implementation stage of long-term management is something that necessitates careful analysis, short-term asset management is a process that must be engaged with each and every day and at almost every juncture of the business process.. In such a way, in order to understand this continual process of short-term asset management, the preceding analysis will review, define, and p roject the ways in which short-term management of assets takes place within a typical firm and the means by which its comes to be of extreme importance. Through such an analysis, it is the hope of this author that the reader will gain a more definitive understanding of what short-term asset management means and the way in which they can have both a positive and detrimental impact upon the level to which a given firm/entity/organization can hope to compete within the current market. Within its most basic definition, a short term asset is an asset that is to be sold and converted into liquid currency within the space of one year’s time. Although there are exceptions to this â€Å"one year† rule, the broad majority of industry and business ascribes to this calendar year definition as a means of delineating short term assets from long term assets. As can be seen by such a broad definition, the level of asset management that must necessarily be engaged with as a means of dr awing a degree of profitability from such a practice is necessarily of dire importance. Moreover, whereas the long term asset management process entails a high degree of planning and forethought, short term asset management must be concentric upon key timing and a perennial awareness of how financial actions and decisions will ultimately affect the bottom line of the firm (Hay & Lourie, 1996). Within this particular understanding, the analyst/reader is able to come to the conclusion that short term asset management encompasses a very large part of the day to day financial decision making structure that defines the way in which a manager or firm integrates with the outside world and the business process/resources at her/her disposal. Whereas all assets facilitate the financial structure and process of a business in one way or another, the reality of the matter is that the day to day liquidation and management of short term assets is one of the most effective means by which liabilitie s and debts can be managed by incremental decisions made to leverage the way in which short term assets are handled and applied. Within such a scope of understanding, short term assets can be defined as cash, inventory, prepaid expenses, accounts receivable, marketable securities, and a variety of other items. As can be seen from the shear scope of the list, the level to which effective management of each of these tools is of vital importance with regards to deciding whether or not a firm or entity will be viable. From an even broader perspective, it can be noted with regards to business management that many times an entity succeeds or fails not based upon its overall level of profitability, as a percentage of overall investment, but as a function of the fact that effective budgeting, tracking of income and outflow is not managed correctly. As such, short term management necessarily lends the reader to understand a certain level of the importance of cash flow as a means of keeping a ny business or entity viable (Mouritsen, 2011). Although the preceding list is helpful in understanding