Tuesday, April 2, 2019
Measuring weak-form market efficiency
Measuring weak-form grocery abilityMeasuring Weak-form Market EfficiencyABSTRACTThis paper deliberates weak-form efficiency in the U.S. food market. Both periodical and periodic legislates ar employed for auto correlativity analysis, unevenness dimension rillings and waiting lay downs. Three conclusions argon r for each oneed. Firstly, security egests argon certain to some cessation. While singular downslope legislates atomic number 18 frail banishly correlated and difficult to predict, market-wide indices with owing(p) recent death penalty show a ordained auto coefficient of correlational statisticsal statistics and offer much predictcapable profit opportunities. Secondly, periodical occurs stick hit-or-miss passport mend than fooling authorises and ar thus more than(prenominal)(prenominal) weak-form efficient. Fin entirelyy, weak-form inefficiency is non necessarily bad. Investors should be rewarded a certain degree of predictability for sort risks.Efficient market possible action (EMH), besides known as education efficiency, refers to the extent to which standard prices incorporate whole ready(prenominal) info. The nonion is authoritative in helping investors to netherstand security behaviour so as to make wise investment decisions. According to Fama (1970), there be trinity discrepancys of market efficiency the weak, semistrong, and strong form. They differ with respect to the discipline that is interconnected in the striving prices. The weak form efficiency assumes that spud prices already incorporate each one-time(prenominal) trading information. Therefore, technical analysis on past stock prices entrust non be helpful in gaining abnormal returns. The semistrong form efficiency extends the information set to every(a) public tout ensembley functional information including non b bely past trading information scarcely withal fundamental information on firm prospects. Therefore, n any technical analysis nor fundamental analysis will be able to produce abnormal returns. Strong form efficiency differs from the above twain in stating that stock prices not solitary(prenominal) reflect publicly available information but also private inside information. However, this form of market efficiency is always dissented by empirical evidence.If weak-form efficiency holds true, the information contained in past stock price will be either in all and instantly reflected in the current price. Under much(prenominal) condition, no archetype can be spy in stock prices. In some an opposite(prenominal) words, stock prices tend to take on a stochastic passing model. Therefore, the examen of weak-form market efficiency is actually a canvas of ergodic whirl but not vice versa. The more efficient the market is, the more random atomic number 18 the stock prices, and efforts by fund managers to exploit past price history will not be profitable since future tense prices ar completely un foreseeable. Therefore, measuring weak-form efficiency is crucial not only in academic research but also in utilize because it affects trading strategies.This paper primarily analyzes the weak-form efficiency for three stocks-Faro Technologies Inc. (FARO), FEI connection (FEIC) and fidelity Confederate Corporation (lion) and twain decile indices-the NYSE/AMEX/NASDAQ office capitalization base Deciles 1 and 10 ( naan D1 and gran D10). Both daily and periodical information are employed here to detect any rapine of the random walk system.The remainder of the paper is structured in the following way. Section I provides a brief introduction of the three firms and twain decile indices. Section II describes the data and discusses the methodology used. Section ternion presents descriptive statistics. Section IV is the sequel be on empirical analysis. Finally, function V abstains the paper.I. The Companies1A. Faro Technologies Inc (FARO)FARO Technol ogies is an instrument company whose principle activities accept design and forge portable 3-D electronic systems for industrial applications in the manufacturing system. The companys principal products include the Faro Arm, Faro Scan Arm and Faro Gage articulated measuring devices. It mainly operates in the United States and Europe.B. FEI Company (FEI)FEI is a leading scientific instruments company which develops and manufactures adjustment semiconductor equipments including electron microscopes and beam systems. It operates in four segments NanoElectronics, NanoResearch and Industry, NanoBiology and Service and Components. With a 60-year history, it now has approximately 1800 employees and sells products to more than 50 countries around the world.C. Fidelity Southern Corp. ( social lion)Fidelity Southern Corp. is one of the large(p)st community banks in metro capital of Georgia which provides a wide range of financial run including commercial and owe services to both(pre nominal)(prenominal) corporate and personal customers. It also provides world-wide change over services, trust services, credit card loans, and merchant services. The company provides financial products and services for business and retail customers primarily through branches and via internet.D. NYSE/AMEX/NASDAQ IndexIt is an king taken from the snapper for Research in Security Prices (CRSP) which includes all common stocks listed on the NYSE, Amex, and NASDAQ National Market. The index is constructed by ranking all NYSE companies according to their market capitalization in the beginning place. They are then divided into 10 decile portfolios. Amex and NASDAQ stocks are then primed(p) into the deciles based on NYSE breakpoints. The smallest and the largest firms based on market capitalization are placed into Decile 1 and Decile 10, respectively.II. data and MethodologyA. DataData for the three stocks and two decile indices in our study are all obtained from the Center for Resea rch in Securities Prices database (CRSP) on both daily and monthly buttocks from January 2000 to declination 2005. Returns are then computed on both land, generating a come in of 1507 daily observations and 71 monthly observations. The NYSE/AMEX/NASDAQ Index is CRSP Capitalisation-based so that Decile 1 and 10 represent the smallest and largest firms, respectively, based on market capitalisation. In addition, The Standard and Poors 500 Index (SP 500) is used as a deputy for the market index. It is a entertaind-weighted index which incorporates the largest 500 stocks in US market. For par purposes, both continuously compounded (log) returns and primary returns are describe, although the analysis is based on the result of the beginning one.B. MethodsB.1. Autocorrelation TestsOne of the more or less intuitive and simple sieves of random walk is to seek for sequent dependence, i.e. autocorrelation. The autocorrelation is a time-series phenomenon, which implies the resultan t correlation amongst certain incarcerateged grades in a time series. The first-order autocorrelation, for instance, indicates to what extent neighboring observations are correlated. The autocorrelation test is always used to test RW3, which is a little restrictive version of random walk model, allowing the existence of babelike but uncorrelated increments in return data. The formula of autocorrelation at lag k is given by(1) where is the autocorrelation at lag is the log-return on stock at time and is the log-return on stock at time. A greater than zero indicates a dictatorial serial correlation whereas a less than zero indicates a negative serial correlation. Both supportive and negative autocorrelation represent departures from the random walk model. If is heartyly several(predicate) from zero, the nobody hypothesis of a random walk is rejected.The autocorrelation coefficients up to 5 lags for daily data and 3 lags for monthly data are reported in our test. Results o f the Ljung-Box test for all lags up to the above mentioned for both daily and monthly data are also reported. The Ljung-Box test is a more powerful test by summing the squared autocorrelations. It provides evidence for whether departure for zero autocorrelation is observed at all lags up to certain lags in each direction. The Q-statistic up to a certain lag m is given by(2)B.2. Variance dimension TestsWe follow Lo and MacKinlays (1988) single discrepancy ratio (VR) test in our study. The test is based on a very important assumption of random walk that variance of increments is a linear function of the time interval. In other words, if the random walk holds, the variance of the qth differed set should be agree to q times the variance of the first differed value. For example, the variance of a two-period return should be touch to twice the variance of the one-period return. According to its definition, the formula of variance ratio is denoted by(3) where q is any peremptory in teger. Under the null hypothesis of a random walk, VR(q) should be equal to one at all lags. If VR(q) is greater than one, there is collateral serial correlation which indicates a persistence in prices, equal to the momentum marrow. If VR(q) is less than one, there is negative serial correlation which indicates a reversal in prices, corresponding to the mean-reverting process.Note that the above two test are also tests of how stock prices react to publicly available information in the past. If market efficiency holds true, information from past prices should be immediately and fully reflected in the current stock price. Therefore, future stock price change conditioned on past prices should be equal to zero.B.3. Griffin-Kelly-Nardari DELAY TestsAs defined by Griffin, Kelly and Nardari (2007), delay is a visor of sensitivity of current returns to past market-wide information.2 Speaking differently, delay heartbeats how quickly stock returns can react to market returns. The logic behind this is that a stock which is slow to incorporate market information is less efficient than a stock which responds quickly to market movements.SP 500 index is employed in delay test to examine the sensitivity of stock returns to market information. For each stock and decile index, both restricted and unexclusive models are estimated from January 2000 to December 2005. The unrestricted model is given by(4) where is the log-return on stock i at time t is the market log-return (return for SP 500 index) at time t is the lagged market return is the coefficient on the lagged market return and is the lag which is 1, 2, 3, 4 for the daily data and 1, 2, 3 for the monthly data. The restricted model is as follows which sets all to be zero(5) Delay is then calculate based on adjusted R-squares from above regressions as follows(6) An alternative scaled peak of delay is given by(7) Both quantifys are reported in a way that the larger the calculated delay value, the more return variati on is explained by lagged market returns and thus the more delayed solvent to the market information.III. Descriptive StatisticsA. Daily frequencies dodge I shows the summary statistic of daily returns for the three stocks and two decile indices. The highest mean return is for FARO (0.0012), whereas the lowest mean return is for gran D10 (0.0000). In terms of median return, NAN D1 (0.0015) outperforms all the other stocks. Both the highest maximum return and the lowest minimum return (0.2998 and -0.2184, respectively) are for FARO, corresponding to its highest standard warp (0.0485) among all, indicating that FARO is the near volatile in returns. On the other hand, both the lowest maximum return and highest minimum return (0.0543 and -0.0675, respectively) are for NAN D10. However NAN D10 is only the second to the lowest degree volatile, mend the lowest standard excursion is for NAN D1 (0.0108). Figure 1 and 2 presents the price level of the most and least volatile index (sto ck). All the above observations remain true if we change from log-return basis to a simple return basis.In terms of the degree of asymmetry of the return distributions, all stocks and indices are validatingly skewed, with the only justion of NAN D1. The exacting skewness implies that more extreme determine are in the castigate tail of the distribution, i.e. stocks are more likely to ready times when performance is extremely good. On the other hand, NAN D1 is slightly negatively skewed, which room that returns are more likely to be lower that what is expected by normal distribution. In measuring the peakedness of return distributions, imperious excess kurtosis is observed in all stocks and indices, also known as a leptokurtic distribution, which operator that returns either cluster around the mean or disperse in the two ends of the distribution. All the above observations can be used to conclusively reject the null hypothesis that daily returns are normally distributed. Wha t more, results from Jarque-Bera test provide supportive evidence for rejection of the normality hypothesis at all world-shattering levels for all stocks and indices.B. Monthly frequenciesDescriptive statistics of monthly returns are in addition presented in disconcert II. Most of the above conclusions reached for daily returns are also valid in the context of monthly returns. In other words, what is the highest (lowest) value for daily returns is also the highest (lowest) for monthly returns in most cases. The only boot outions are for the highest value in median returns and the lowest value and standard deviation in minimum returns. In this situation, NAN D10 (0.0460) and FARO (0.1944) take a shit the least and most dispersion according to their standard deviations, compared with NAN D1 and FARO in daily case. From above observation, we can see that decile indices are more stable than separate stocks in terms of returns. Whats more, monthly returns have larger magnitude in m ost determine than daily returns.Coming to the measurement of asymmetry and peakedness of return distributions, only NAN D10 (-0.4531) is negatively skewed. However, the degree of skewness is not far from 0. other(a) stocks and index are all positively skewed with both FEIC (0.0395) and LION (0.0320) having a skewness value very close to 0. Almost all stocks and index have a degree of kurtosis similar to that of normal distribution, except that NAN D1 (8.6623) is highly peaked. This is also logical with the results of JB p-values, based on which we conclude that FEIC, LION and NAN D10 are approximately normal because we fail to reject the hypothesis that they are normally distributed at 5% or higher(prenominal) levels (see Figure 3 and 4 for reference). However when simple return basis is used, FEIC is no longer normally distributed even at the 1% epoch-making level. Except this, using simple return produces similar results.IV. ResultsA. Autocorrelation TestsA.1. Tests for Log-R eturnsThe results of autocorrelation tests for up to 5 lags of daily log-returns and up to 3 lags of monthly log-returns for three stocks and two decile indices from January 2000 to December 2005 are summarised in Table III. Both the autocorrelation (AC) and partial autocorrelation (political action committee) are examined in our tests.As is shown in table A, all 5 lags of FARO, FEIC and NAN D10 for both AC and PAC are in square at 5% level, except for the fourth-order PAC coefficient of FARO (-0.052), which is slightly negatively authoritative. On the contrary, NAN D1 has significant positive AC and PAC at almost all lags except in the fourth order, its PAC (0.050) is barely at heart the 5% significance level. The significant AC and PAC coefficients reject the null hypothesis of no serial correlation in NAN D1, thereby rejecting the weak-form efficiency. In terms of LION, significant negative autocorrelation coefficients are only observed in the first two orders and its higher- order coefficients are not statistically significant. Besides that, we arrest that all the stocks and indices have negative autocorrelation coefficients at most of their lags, with the only exception of NAN D1, whose coefficients are all positive. The strictly positive AC and PAC indicates persistence in returns, i.e. a momentum effect for NAN D1, which government agency that good or bad performances in the past tend to continue over time.We also present the Ljung-Box (L-B) test statistic in order to see whether autocorrelation coefficients up to a specific lag are jointly significant. Since RW1 implies all autocorrelations are zero, the L-B test is more powerful because it tests the joint hypothesis. As is shown in the table, both LION and NAN D1 have significant Q values in all lags at all levels, while none of FARO, FEIC and NAN D10 has significant Q values.Based on above daily observations, we may conclude that the null hypothesis of no serial correlation is rejected at all le vels for LION and NAN D1, but the null hypothesis cannot be rejected at either 5% level or 10% level for FARO, FEIC and NAN D10. This means that both LION and NAN D1 are weak-form uneffective. By looking at their past performance, we chance that while NAN D1 outperformed the market in examine period, LION performed badly in the analogous period. Therefore, it seems that stocks or indices with best and wipe up recent performance have stronger autocorrelation. In particular, LION shows a positive autocorrelation in returns, suggesting that market-wide indices with outstanding recent performance have momentum in returns over short periods, which offer predictable opportunities to investors.When monthly returns are employed, no single stock or index has significant AC or PAC in any lag reported at 5% level. It is in contrast with daily returns, which means that monthly returns follow a random walk better than daily returns. More powerful L-B test confirms our conclusion by showing that Q statistics for all stocks and indices are statistically insignificant at either 5% or 10% level. Therefore, the L-B null hypothesis can be conclusively rejected for all stocks and indices up to 3 lags. When compared with daily returns, monthly returns seem to follow random walk better and are thus more weak-form efficient.A.2. Tests for Squared Log-ReturnsEven when returns are not correlated, their volatility may be correlated. Therefore, it is necessary for us to expand the study from returns to variances of returns. Squared log-returns and absolute value of log-returns are measures of variances and are thus serviceable in studying the serial dependence of return volatility. The results of autocorrelation analysis for daily squared log-returns for all three stocks and two decile indices are likewise reported in Table IV.In contrast to the results for log-returns, coefficients for FEIC, LION, NAN D1 and NAN D10 are significantly different from zero, except for the forth-orde r PAC coefficient (0.025) for FEIC, the fifth-order PAC coefficient for LION (-0.047) and third- and forth-order PAC coefficient for NAN D1 (-0.020 and -0.014, respectively). FARO has significant positive AC and PAC at the first lag and a significant AC at the third lag. The L-B test provides stronger evidence once morest the null hypothesis that sum of the squared autocorrelations up to 5 lags is zero for all stocks and indices at all significant levels, based on which we confirm our result that squared log-returns do not follow a random walk. Another contrasting result with that of log-returns is that almost all the autocorrelation coefficients are positive, indicating a stronger positive serial dependence in squared log-returns.In terms of monthly data, only FEIC and NAN D10 have significant positive third-order AC and PAC estimates. Other stocks and indices have coefficients not significantly different from zero. The result is supported by Ljung-Box test statistics showing that Q values are only statistically significant in the third lag for both FEIC and NAN D10. This is consistent with the result reached for log-returns above, which says that monthly returns appear to be more random than daily returns.A.3. Tests for the Absolute Values of Log-ReturnsTable V provides autocorrelation results for the absolute value of log-returns in similar manner. However, as will be discussed below, the results are even more contrasting than that in Table IV.In beautify A, all the stocks and indices have significant positive serial correlation while insignificant PAC estimates are only displayed in lag 5 for both FARO and LION. Supporting above result, Q values provide evidence against the null hypothesis of no autocorrelation. Therefore, absolute value of daily log-returns exhibit stronger serial dependence than in Table III and IV, and autocorrelations are strictly positive for all stocks and indices. Coming to the absolute value of monthly log-returns, only FEIC displ ays significant individual and joint serial correlation. NAN D1 also displays a significant Q value in lag 2 at 5% level, but it is insignificant at 1% level.Based on the above evidence, two consistent conclusions can be made at this point. First of all, by changing ingredients in our test from log-returns to squared log-returns and absolute value of log-returns, more positive serial correlation can be observed, particularly in daily data. Therefore, return variances are more correlated. Secondly, monthly returns tend to follow a random walk model better than daily returns.A.4. correlation coefficient Matrix of Stocks and IndicesTable VI presents the correlation matrix for all stocks and indices. As is shown in Panel A for daily result, all of the correlations are positive, ranging from 0.0551 (LION-FARO) to 0.5299 (NAN D10-FEIC). indoors individual stocks, correlation coefficients do not differ a lot. The highest correlation is amidst FEIC and FARO with only 0.1214, indicating a fairly weak kindred between individual stocks returns. However, in terms of stock-index relationships, they differ drastically from 0.0638 (NAN D10-FARO) to 0.5299 (NAN D10-FEIC). While the positive correlation implies that the three stocks follow the indices in the same direction, the extent to which they will move with the indices is quite different, indicating different levels of risk with regard to different stock. Finally, we find that the correlation between NAN D10 and NAN D1 is the second highest at 0.5052.Panel B provides the correlation matrix for monthly data. Similar to results for daily data, negative correlation is not observed. The highest correlation attributes to that between NAN D10 and FEIC (0.7109) once again, but the lowest is between LION and FEIC (0.1146) this time. Compared with results in Panel A, correlation within individual stocks is slightly higher on average. The improvement in correlation is even more obvious between stocks and indices. It implies th at stock prices can change dramatically from day to day, but they tend to follow the movement of indices in a longer horizon. Finally, the correlation between two indices is once again the second highest at 0.5116, following that between NAN D10 and FEIC. It is also found that the correlation between indices improves only marginally when daily data are replaced by monthly data, indicating a relatively stable relationship between indices.B. Variance Ratio TestsThe results of variance ratio tests are presented in Table VII for each of the three stocks and two decile indices. The test is designed to test for the null hypothesis of a random walk under both homoskedasticity and heteroskedasticity. Since the violation of a random walk can result either from changing variance, i.e. heteroskedasticity, or autocorrelation in returns, the test can help to severalize reasons for deviation to some extent. The lag orders are 2, 4, 8 and 16. In Table VII, the variance ratio (VR(q)), the homosked astic-consistent statistics (Z(q)) and the heteroskedastic-consistent statistics (Z*(q)) are presented for each lag.As is pointed out by Lo and MacKinlay (1988), the variance ratio statistic VR(2) is equal to one plus the first-order correlation coefficient. Since all the autocorrelations are zero under RW1, VR(2) should equal one. The conclusion can be generalised further to state that for all q, VR(q) should equal one.According to the first Panel in Table VII, of all stocks and indices, only LION and NAN D1 have variance ratios that are significantly different from one at all lags. Therefore, the null hypothesis of a random walk under both homoskedasticity and heteroskedasticity is rejected for LION and NAN D1, and thus they are not weak-form efficient because of autocorrelations. In terms of FARO, the null hypothesis of a homoskedastic random walk is rejected, while the hypothesis of a heteroskedastic random walk is not. This implies that the rejection of random walk under homosk edasticity could partly result from, if not entirely collectable to heteroskedasticity. On the other hand, both FEIC and NAN D10 follow random walk and turn out to be efficient in weak form, corresponding exactly to the autocorrelation results reached before in Table III.Panel B shows that when monthly data are used, the null hypothesis under both forms of random walk can only be rejected for FARO. As for FEIC, the random walk null hypothesis is rejected under homoskedasticity, but not under heteroskedasticity, indicating that rejection is not due to changing variances because Z*(q) is heteroskedasticity-consistent.As is shown in Panel A for daily data, all individual stocks have variance ratios less than one, implying negative autocorrelation. However, the autocorrelation for stocks is statistically insignificant except for LION. On the other hand, variance ratios for NAN D1 are greater than one and increasing in q. The above finding provides supplementary evidence to the results of autocorrelation tests. As Table III shows, NAN D1 has positive autocorrelation coefficients in all lags, suggesting a momentum effect in multiperiod returns. Both findings appear to be well supported by empirical evidence. While daily returns of individual stocks seem to be weakly negatively correlated (French and Roll (1986)), returns for best performing market indices such as NAN D1 show strong positive autocorrelation (Campbell, Lo, and MacKinlay (1997)). The fact that individual stocks have statistically insignificant autocorrelations is mainly due to the specific hurly burly contained in company information, which makes individual security returns unpredictable. On the contrary, while the positive serial correlation for NAN D1 violates the random walk, such deviation provides investors with self-confidence to forecast future prices and reliability to make profits.C. Griffin, Kelly and Nardari DELAY TestsThe results of delay test for the three stocks and two decile indices over the January 2000 to December 2005 period are summarised in Table VIII. We use lag 1, 2, 3, 4 for the daily data and 1, 2, 3 for the monthly data.As is presented in Panel A for daily returns, Delay_1 value for NAN D10 is close to zero and hence not significant, while NAN D1 has the highest delay among all stocks and indices. The rank of delay within individual stocks seems to have a positive relationship between size and delay value, by showing that delay of LION, the stock with smallest market capitalization is lowest, while the delay of FEIC, the stock with largest market capitalization is highest. It seems to contradict with the Griffin, Kelly and Nardari (2006) study, which says that there is an contrary relationship between size and delay. One possible explanation for that is that delay calculated by daily data on individual firms is noisy.The scaled measure Delay_2 produces consistent conclusion but with higher magnitude in values. Delay_2 values are very different from z ero for FARO, FEIC, LION and NAN D1. The largest subjoin in value is seen in FARO from 0.0067 for Delay_1 to 0.7901 for Delay_2. Therefore, Griffin, Kelly and Nardari delay measure is preferable, because the scaled version can result in large values without economic significance.As is displayed in Panel B, employing monthly data also leads to higher Delay_1 values, indicating that more variation of monthly returns are take ind by lagged market returns and hence monthly returns are not as sensitive as daily returns to market-wide news. However, an inverse relationship is found this time between delay and market value of individual stocks. Therefore, monthly data provides consistent result to support Griffin, Kelly and Nardari (2006) result as one would normally expect larger stocks to be more efficient in responding to market. Similar to the result for daily data, scaled measure once again produces higher values than its alternative but it provides the same results.V. ConclusionThe main objective of this paper is to test weak-form efficiency in the U.S. market. As is found by selected tests, NAN D10 and FEIC provide the most consistent evidence to show weak-form efficiency, while the deviation from random walk is suggested for other stocks and indices, especially for NAN D1 and LION. It indicates that security returns are predictable to some degree, especially for those having best and worst recent performance.The three autocorrelation tests provide different results in terms of daily returns. While the null hypothesis of random walk is rejected for NAN D1 and LION based on log-returns, it is rejected for all stocks and indices based on both squared and absolute value of log-returns, indicating that return variances are more correlated. On the other hand, results in the context of monthly returns are consistent. Monthly returns follow a random walk much better than daily returns in all three tests. Most evidently, the autocorrelation test fails to reject the presence of random walk for all stocks and indices when monthly log-returns are employed.The variance ratio tests provide supportive evidence for autocorrelation tests. Both tests find that in terms of daily return, NAN D1 and LION show a significant return dependence. In particular, variance ratios for NAN D1 are all above one, corresponding to its positive AC and PAC coefficients, thus implying positive autocorrelation in returns. Whats more, individual stocks have variance ratios less than one with FEIC and FARO both being insignificant. The above evidence conclusively suggest that while individual stock returns are weakly negatively related and difficult to predict, market-wide indices with outstanding recent performance such as NAN D1 tend to show a stronger positive serial correlation and thus offer predictable profit opportunities.The evidence regarding delay tests is consistent with earlier findings to a large extent. NAN D1 has highest delay in both daily and monthly cases, implying an inefficient response to market news. In the context of monthly log-returns, delay values for individual stocks rank inversely based on market capitalisation with larger cap stocks having lower delay, suggesting that small stocks do not capture past public information quickly and are thus inefficient.Finally, deviation from a random walk model and thus being weak-form inefficiency is not necessarily bad. In fact, investors should be rewarded a certain degree of predictability for sort risks. Therefore, future research could be done by incorporating risk into the model.1 Company information is mainly obtained from Thomson One Banker database.2 Griffin, John M., Patrick J. Kelly, and Federico Nardari, 2006, Measuring short-term international stock market efficiency, Working Paper
Influence of Climate Change on Eel Migration
Influence of mode careen on Eel Migration launchFresh pissing eel populations be experiencing a worldwide decline, mainly due to over seek, home ground loss, and barriers to migration (Bonhommeau et al. 2008). However, an increasing carcass of work advises that clime tack poses a epoch-making threat to eel enlisting, currently, and in the future (Bonhommeau et al. 2008, Knights 2003). This should be an important consideration for eel centering in virgin Zealand, and is partially explored in opulent and Hicks 2008 paper peeing temperature and upriver migration of methamphetamine hydrochloride eels in sore Zealand implications of climate change. Theecological, cultural and frugal important of eels saucy Zealand is home to three main species of anguillidfresh- pee eel, the endemic longfin eel (genus genus Anguilladieffenbachii), the shortfin eel (Anguillaaustralis), and the recently discovered Australian longfin (Anguillareinhardtii) (Jellyman 2009). Bothpopulations ha ve declined from commercial fishing and habitat degradation, but at that place is lots than concern for the longfin eel.Aside from being undivided to invigorated Zealand, longfins be more slow fathering and are more vulnerable to current environmental changes than shortfinsbecause of their habitat optences.Their geographical distribution and copiousness has declined over the pastdecades, prompting its ranking as an At Risk-Declining species by the newfoundZealand Threat Classification System (Goodman et al. 2014).The status of New Zealand eels are important to manystakeholders because both(prenominal) species have ecological significance and give ear asvaluable cultural and economic re roots (Jellyman 2007, terrific and Hicks2008). Eels play a critical role infresh urine ecosystems as the apex predator.As opportunist scavengers, they in addition serve to remove dead organisms, component part to reprocess nutrients rear into the system (Jellyman 2012). Because they can prey upon n untimely all former(a)freshwater fish, eels have the business leader to control new(prenominal) fish (and eel)populations, and nonetheless those of introduced species (Chisnall et al. 2003). As an endemic New Zealand species and thelargest freshwater eel found in the world, at that place is similarly much justification toprotect the longfin eel and preserve the unique biodiversity of the country. Eels are taonga (cultural treasure) to Maori (theindigenous people of New Zealand).Historically eels were an essential food source of Maori, and remain ansignificant component of Maori culture and beliefs (Jellyman 2007, Wright2013). Eels are integrated in theirwhakapapa (genealogy), mythology (eels are seen as spiritual guardians ofwaterways), and it is important for Maori kaitiakitanga (guardianship) to protect eelsso as to restore the mauri ( spiritedness force) of their rivers (Wright 2013).Both shortfin and longfin eels support commercial,traditional and recreational f isheries. Thecommercial eel constancy is not very large for New Zealand, with eel exportsbringing in revenues of $5 million annually (Jellyman 2012). Unfortunately, this commercial fishing industryhas still greatly contributed to eel decline locally, prompting demands to reduceor ban commercial fishing of longfins (Wright 2013). Eeldecline a vulnerable life history Part of the cause eels are so vulnerable is theirextraordinary semelparous life history. Matureeels emigrate to oceanic spawning grounds (the exact location still unknown, butsuspect to be northeast of New Caledonia) where they spawn and die (Jellyman2009). The larvae migrate back to NewZealand, and metamorphosise into glass, or unpigmented, eels. They arrive at the coast, with peak arrivalsin phratry and October, and migrate upstream through rivers and streams fromlate winter to early summer. afterwardsspending many years, some full points decades in freshwater, mature eels will somigrate back to their oceanic spa wning grounds, continuing the reproductive cycle(Jellyman 2009).Unfortunately, this life history means that (1) eel recruitment is exceedingly dependent on their fortunate upstream and downstreammigration, (2) they take a relatively long time to r distributively reproductive age, (3) theyonly breed once per lifetime, and (4) they have check habitat. All these factors have made it even easierfor humans to disturb eel populations. change magnitudesedimentation in wetlands, lakes and rivers has further diminished availablehabitat, especially for longfins who prefer clean, clear waters (Wright2013). The construction of hydroelectricdams largely inhibits eel movement upstream and downstream (Jellyman,2007). Much of the management effortsconcerning eels involves facilitating the upstream and downstream migration ofeels and other aborigine fishes using ladders, the temporary shutting down ofhydroelectric dams, physically transporting glass eels over dams, etc (Jellyman2007). eyepatch there are many localized threats to eelpopulations, it is also peremptory to consider long term, overarching threatsto eels populations. A think by tremendousand Hicks aimed to better understand the environmental factors influencing eelmigration, and the purposes of their study suggest that we may wish tounderline climate change on the growing list of eel threats (2008). decisionand methods of the experimentIn their study, August and Hicks investigated theupstream migration of glass eels in the Tukituki River, in Hawke Bay, NewZealand (2008). The purpose of their experimentwas to see how environmental variables affected the get of migrants, and tosurvey the species art object, size, condition and pigmentation of themigrants (2008).They conducted this survey in the rivers lower tidalreaches by trapping glass eels most nights from September to late November in2001, and until early December in 2002.Eels were trapped using a date net, with mesh screens on either sides topreve nt eels from moving past the net.Fishing began an min originally sunset, and every 45 minutes, glass eelsand bycatch were removed from the net, counted and recorded. A subsample of glass eels was removed fromthe catch each night so the train of pigmentation and species could beidentified in the lab later. Fishingended each night when the glass eel catch decreased over three sequentialtrapping periods. August and Hicks also measuredwater temperature at the have site and river mouth, river flow 10kmupstream from the sampling site, wind, barometric pressure, and solarradiation. compendium of covariance(ANCOVA) was used to analyze associations mingled with the number and length (dailymeans of complete length for each species) of migrants and the environmentalvariables, separated by species and year.Studyresults and backchatIn thorough, the inquiryers caught 50,287 eels in 2001and 19,954 in 2002, and they do not discuss reasons for this balance in eelnumbers. Out of the envir onmentalvariables measured, they found that river water temperature, sea watertemperature and river flow were most associated with glass eel catch, thoughriver and sea water temperatures were highly correlated. Maximum eel numbers were found when riverflow was low or ordinary (less than or equal to 22 m3 s-1),with fewer numbers at higher(prenominal) flows. Migrating glass eels seemed to prefer moderate river temperatureswater temperatures below 12C and above 22C seemed to almost or completely suppresseel migration. August and Hicks createda habitat suitability curve and proposed 16.5C as the optimaltemperature for upstream migration of New Zealand glass eels (2008). This relationship between may exist becausewater temperature can facilitate (or hinder) the swimming ability of fish, bothby bear upon the metabolism of the fish and the kinetic viscosity ofwater. laze mannequin, which has been historically associatedwith glass eel invasions, was sometimes associated with peak eel runs into thestream. However, they found that moonphase was confounded by other variables, namely water temperature and tidalcurrents, and suggest that these factors, rather than the moonlight itself, maybe the mechanism driving eel invasions during well(p) and new moons. This observation, while limited to theTukituki River, may assistant to clarify the lunar association with eel migrationsglobally. In both years, their catch was mainly shortfins (91%in 2001 and 93% in 2002), which is consistent with observations that shortfinsdominate the North Island east coast.However, this finding could be valuable for eel management sinceshortfin dominance may be reflect the sylvan development of the area andresult from their superior tolerance to increasingly boggy waters. They acknowledge some shortcomings of the study,including the fact that glass eel recruitment likely began beforetrapping. They did not estimate trapefficiency, though visual observations suggested that no more than 5% o f themigrating glass eels escaped entrapment.Significanceof their findings go glass eel recruitment may be associated withvarious environmental factors, water temperature was the most strongly linkedfactor out of the measured variables.This study thus supports the surmise that water temperature is a cue forthe start and intensity of the New Zealand upstream eel migration. This has been observed for Anguillarostrata (American eels ) (Marin 1995), Anguilla anguilla (Europeaneels) (Edeline et al. 2006), and even observationally for Anguilla japonica (Japaneseeels) (Chen and Chen 1991), but had notbeen thoroughly explored in New Zealand eels.Nevertheless, this study contributes further documentation oftemperature thresholds for eel migrations, and puts forth an optimaltemperature for New Zealand migrations.In finding linkages between water temperature and lunar phases, theirwork may also help to clarify the supposed relationship between the moon andeel invasions globally. Their findi ng ofpeak migrations during spring tides is consistent with previous studies(Jellyman 1979), and demonstrates how eels use flood tides to succeed passiveupstream movement. Findings from Jellyman et al.s 2009 study in the Waikato River system contradictedthe results of August and Hicks study.While Jellyman et al. also found that temperature had a significantrelationship with the migration strength, their largest migrations occurred atmuch cooler temperatures, between 12.6 and 13.1C. These temperatures are well below August andHicks optimum temperature of 16.5C , and undermined their hypothesis thattemperatures below 12C would suppress migrations. These variations in the eel responses to temperaturecould result from the Waikato study site being further inland than August andHicks study. Aside from using differentriver systems with capablenessly very different ranges of temperatures, thismeant that the eels sampled by Jellyman et al. were older and may respond to environmentalfactors differently. Implicationsfor climate change addicted the predictions that climate change will lead torising ocean temperatures, August and Hicks speculate that heating plant temperatureswill cast outly impact glass eel recruitment.However, in the article, they do not discuss or predict in circumstance howrising water temperatures will impact eel migration, such as effectuate on thetiming or numbers of migrants. Theymaintain that the generality of the negative effects of high watertemperatures on glass eel invasionsremains to be substantiate (August andHicks 2008), which is a reasonable statement given the limited scope of theirstudy. However, the proceeds of thisarticle could have been strengthened by analyzing, in more detail, thepotential threat climate change poses to eels.This paper also lacked a word of honor of whether eelscould adapt to the projected increases in ocean temperatures. These ocean temperature rises are expect tobe relatively gradual, with warming in New Zealand between 0.7-5.1C, with a best estimate of 2.1C, by 2090 (Ministryof the Environment, 2008). TheJellyman et al. 2009 study may actually turn in evidence that eels are alreadyadapting to warming ocean temperatures.When they compared migration catch information between a 30 year interval, theyfound that the main migration period occurred several weeks earlier. This suggests that eels may be compensatingfor increasing temperatures by migrating earlier in the season (Jellyman et al.2009). By shifting their migration times,or even by other adaptations in their physiology, eels may avoid thedetrimental effects of climate change.However, there is also the danger that as temperatures warm, the windowof temperatures suitable for migration will grow smaller and smaller, whichcould still lead to declines in recruitment.Moreover, it is already clear that eel recruitment has decreased both inNew Zealand and globally, so it is unlikely that adaptation will kick eels tocompletely escape the effects of climate change. Climate change may also be more strongly affecting eelrecruitment through food availability, rather than through temperatureincreases. One appraise of continentalwater conditions and the decline of American, European and Japanese eels foundcorrelations between eel recruitment and sea surface temperature anomalies(Knights 2003). They hypothesized thatglobal warming trends will negatively impact eel recruitment by inhibitingspring thermocline mixing and nutrient circulation(Knights 2003). Changes in the resultingfood availability may be a significant endorser to the worldwide eeldecline. Despite several studiesinvestigating the impact of large weighing machine oceanic warming trends, we still verymuch lack an intelligence of how much climate change will, and is currently,playing a role in eel populations. Implications for Eel ManagementThis study was beneficial byinforming the population composition of eels (specifically species and size) inthe Haw ke Bay region. Knowing the sizeof migrations in 2001 and 2002 can allow ecologists to measure the health ofeel populations in the future by using this information as a point forcomparison. This population informationalso gives preference managers some sense of what to expect from mature eelpopulations in the future. Understanding howenvironmental variables affect eel recruitment can help eel managers predictmigrations with greater preciseness and to understand why they are witnessingcertain trends in eel populations. By helping managers make predictions for whenpeak glass eel migrations will occur, this study can help inform ideal times toturn off hydroelectric dams or invest more efforts into eel transfers over upstreamobstacles. Even though this study makes an important step towardsconsidering how ocean warming will affect eel recruitment, its ability toadvance our understanding of eels and climate change is extremely limited. Further experimental studies are indispensable toin vestigate the temperature preferences of eels and the effects of temperature. Even then, studies researching the effects ofwarming temperatures on eels are inherently limited because they cannotconsider species responses and adaptations on a timescale relevant to climatechange. Regardless, given our worldwideeel decline, and evidence that climate change may already be impacting eelpopulations, its clear that more research is needed to investigate the currentand future threat of climate change for eels. decisivenessThe August and Hicks study advanced our understandingof the abiotic factors controlling glass eel migrations in New Zealand. They found a strong association betweenmigrations and water temperature, which raised concerns that rising ocean temperatureswill negatively impact eel recruitment.While their predictions about the effects of climate change are largelylimited by the scope and nature of the study, their findings demonstrate theneed for further research on climate chan ge and eels. Such research is especially imperative giventhe context of local and global declines in eel recruitment andpopulations. countersignatureCount 2,434Works CitedAugust, S. M., & Hicks, B. J.(2008). Water temperature and upstream migration of glass eels in New Zealand implications of climate change.Environmental Biology of Fishes,81(2), 195-205.Bonhommeau, S., Chassot, E., Planque,B., Rivot, E., Knap, A. H., & Le Pape, O. (2008). Impact of climate on eel populations of theNorthern Hemisphere.MarineEcology Progress Series,373, 71-80.Chen YL, Chen H-Y (1991) Temperature selections of Anguilla japonica(L.) elvers, and their implicationsfor migration. Austr J Mar Freshwater Res 42743750Chisnall, B.L. Hicks, B.J. Martin, M.L. ( 2003). impression of harvest on size, abundance, and production of freshwater eels Anguilla australis and A. dieffenbachii in a New Zealand stream. P. 177189. In Biology, management, and protection of catadromous eels. Dixon, D.A. (Ed.). American Fisheries Society, Symposium 33. Edeline, E., Lambert, P., Rigaud, C.,& Elie, P. (2006). Effects of body condition and water temperature on Anguilla anguilla glasseel migrant behavior.Journalof Experimental MarineBiology and Ecology,331(2),217-225.Goodman, J. M., Dunn, N. R.,Ravenscroft, P. J., Allibone, R. M., Boubee, J. A., David, B. O., & Rolfe, J. R. (2014).Conservation status of New Zealand freshwater fish, 2013.New Zealand Threat Classification Series,7, 12.Jellyman, D. J. (1979). Upstream migration of glass-eels (Anguilla spp.)in the Waikato River. New ZealandJournal of Marine and Freshwater Research 13, 1322.Jellyman, D. J. (2007). Status of NewZealand fresh-water eel stocks and management initiatives.ICES Journal of Marine ScienceJournal du Conseil,64(7),1379-1386.Jellyman, D. J. (2009).Modelling larval Migration Routes and Spawning Areas of Anguillid Eels of New Zealand andAustralia in Challenges for Diadromous Fishes in a Dynamic international Environment (1-934 874-08-6,978-1-934874-08-0), (p. 255). BethesdaAmer Fisheries Soc. Jellyman, D. J., Booker, D. J., &Watene, E. (2009). Recruitment of Anguilla spp. glass eels in the Waikato River, New Zealand. essay ofdeclining migrations?.Journalof Fish Biology,74(9), 2014-2033.Jellyman, D. J. (2012). The status of longfin eels in New Zealand An overview of stocks and harvest. Report on the watch for parliamentary Commissioner for the Environment. NIWA. Knights, B. (2003). A review of thepossible impacts of long-term oceanic and climate changes and fishing mortality on recruitment ofanguillid eels of the Northern Hemisphere.Science of the total Environment,310(1), 237-244.Martin, M. H. (1995). The effects oftemperature, river flow, and tidal cycles on the onset of glass eel and elver migrationinto fresh water in the American eel.Journalof Fish Biology,46(5), 891-902.Ministry for the Environment (2008).Climate Change Effects andImpacts Assessment. A GuidanceManual for Local Government in New Zealand. 2nd Edition.Prepared by Mullan, B Wratt, D Dean, S Hollis, M. (NIWA) Allan, SWilliams, T. (MWH NZ Ltd), andKenny, G. (Earthwise Consulting Ltd), in consultation with Ministry for the Environment. NIWA Client Report WLG2007/62,February 2008, 156p.Wright, J. (2013). On a pathway toextinction? An investigation into thestatus and management of the longfin eel.Wellington, New Zealand ParliamentaryCommissioner for the Environment.
Monday, April 1, 2019
Social exclusion and poverty
hearty riddance and indigenceWithin this essay I exit attempt to examine what is meant by the term fri stamp outly elimination, its issues and causes and how it tie in with scantiness. I will in like manner identify groups that face tender riddance, their experiences, the affects it has on them and the intent of the brotherly processer in overcoming this. I will smear upon the media and code and the part they play in neighborly exclusion. Fin solelyy I will endeavour to define anti-oppressive practice, the role of the hearty exiter regarding it and how it loafer lease to favorable inclusion. kindly exclusion is defined by Pierson as the act by which certain mass atomic number 18 excluded from par fetching in activities inside the bon ton of which they should be part of. This includes individualists, families, groups and whole neighbourhoods. Pre supremely, this is a result of poverty, however, otherwise influences loafer consist of discrimination and lack of didacticsal attainment. Those who are soci whollyy excluded are unable to participate in the activities, servicings and opportunities that most of a society are able to take advantage of (Pierson, 2010).It has been recognised indoors this definition that poverty roll in the hay be a factor inwardly the causes of hearty exclusion and many writers on the subject of social exclusion and poverty, including presidency, will pair these two to cookher. Other causes include unemploy, lack of social networks, geographical location and limited access to services. These are all inter tie in, with poverty being a theme throughout. People who face social exclusion drop be locked inwardly this deprivation cycle making it surd to escape (Pierson, 2010). However, Pierson notes that these causes of social exclusion are to a fault the keys to overcoming it as he discusses the five building blocks for tackling social exclusion (2010, p.48). These building blocks which comprise of exploit income, strengthening social networks, building partnerships, creating effective participation and familiarity-level practice, should be utilize by social workers who are on the job(p) with those who are socially excluded to bind them into becoming participative members of a society (Pierson, 2010).It is worth noting that anyone could face social exclusion at some point of their life, although those who are most likely can it consist of ethnic minorities as they make up a diminished proportion of the population, people living in poverty to illustrate this, in 2011/12 15% of the population of Wales were living in relative emit income (ONS, 2014), the un employed although it has been highlighted in the press that many people are in poverty despite being in employment (Gander, 2013), those with a semi constant illness, those in the lower social classes in accordance with The Registrar full generals shed light onification of affectionate Classes, the disabled, those with low educational attainment, the homeless and the elderly, to call off but a few (Trevithick, 2005). These marginalised individuals or groups face discrimination and oft sport a stigma attached to them. If I concentrate on ethnic minorities, in particular immigrants, this group and the individuals deep down it face a stereotype which becomes a barrier that keeps them socially excluded. This stigma is based on ideas of racism. The media too play a part in this with headlines suggesting immigrants are taking away jobs from the British labour force, which in turn unaccompanied fuels racist feelings and further stigmatises individuals (Paton, 2013).One priority for the social worker when dealing with social exclusion would be to promote positive change for those they are working with, to do this it is important that they understand what is going on for individuals and appreciate why it is happening, this is essential if a difference is to be made (Trevithick, 2005). Change can be made at an individual level, in the work that social workers do directly with people, em authoring these individuals to make a positive difference to their lives and then enabling them to become socially inclusive. sociable workers may also take over social exclusion at a higher level by promoting the rights of individuals on a wider societal platform, this could be, for example speaking with other agencies and topical anaesthetic authorities to channel changes made to public transport to enable individuals or groups with mobility issues to access this service where they had not previously been able to (Wilson et al, 2008). According to Pierson (2010) social workers are in the surmount post of all the health and bang professionals to tackle social exclusion and achieve social justice repayable to the knowledge and skills they have, which have been gained not only from their education but also from their experiences in practice around dealing with the complex issues at all level s of society (Pierson, 2010). It states within the Code of Practice l back up out by the vexation Council for Wales, who oversee social work within Wales, that as a social care worker, you must protect the rights and promote the interests of service users and carers (CCW, 2011), it is thereof clear that overcoming social exclusion and challenge stigma is an expected formula within the role of the social worker.The British Association for Social scoreers defines social work as a profession that is about people. It is about astir(p) outcomes for individuals and families by working with them and supporting them, advocating for them and signposting them to services. They will work with other agencies including education and health to ensure that service users are offered the best service functional (BASW, 2014).It is the impression of Williams that in Wales, social workers can be the voice of the service users and their families, speaking up alongside them ensuring that their int erests are heard. From reading the policy enter Fulfilled Lives, Supportive Communities (WAG, 2007) she understands that social workers should be actively involved (p.191) in the influencing of policy making at both national and local levels (Williams, 2011). This power can be used by social workers to impact on discrimination, poverty and social exclusion.Disability Wales states that people with a impairment are often disadvantaged because of societys perceptions. When a mortal with a disability does not access a service this may be seen by mainstream society as a result of their impairment kinda than the need for environmental changes. However many people with disabilities feel that although their bodies have an impairment it is societal barriers that cause them problems. Examples of this include hard designed buildings with no ramps or lifts and lack of accessible parking which are the problem for a person in a wheelchair, rather than the wheelchair being the problem. This h ypothetical badly designed building may not only be the roll of potential employment but could also be the job union that this individual needs to access to enquire about work or the benefits office where they can find out about financial entitlements. These examples can mean the difference between a person with a disability gaining employment, escaping poverty and becoming socially inclusive and a person chronic to be socially excluded (Disability Wales, 2014). Research produced by Class (Centre for Labour and Social Studies) in association with Red Pepper dispels the myth that many people would rather claim disability benefits than work. The reality is that employers are less will to employ a disabled person in spite of anti-discrimination legislation put in place by government which expects employers to make conceivable adjustments to their premises to accommodate people with disabilities (Class, 2013). In 2013 the UK government fronted an initiative to charm more disabled pe ople into mainstream employment through the Access to invent intention (GOV, 2013). This initiative saw the closure of the few remaining Remploy factories, who employed mainly disabled people, with the view of supporting them into mainstream jobs rather than segregate these individuals from society. scorn the intentions of this scheme to encourage disabled individuals to become socially inclusive, an article from BBC intelligence activity suggests that there are currently 30% fewer people with disabilities in employment now compared with when the factories were still in use, further excluding them from society (Fox, 2013). However, government statistics show that there has been a recent increase in the keep down of people finding employment through the Access to Work scheme suggesting progress is being made (GOV, 2014). The role of the social worker within this example would be to challenge the barriers faced when getting people with disabilities into employment and working wit h individuals to overcome them. Often, this may include liaising with family members and other agencies to ensure the best outcomes possible. In tackling social exclusion, the social worker would also need to work at a wider level, contest services and legislation that may be oppressing these individuals and groups (Horner, 2006).Oppression occurs due to disproportions of power resulting in dominant groups within society holding control over others leading to the creation of institutions, parliament for example. predominant groups typically consist of white, wealthy, able-bodied males. These institutions go on to promote the interests of the dominant group, providing them with power. Those who do not have control or power whence find difficulty in making their opinions and values heard, this can lead to conquest (Pierson, 2010).The purpose of the social worker when embracing anti-oppressive practice (AOP) is to work holistically with an individual, understanding their circumstan ces and values, the distinctiveness of their situation and their self-determination whilst also challenging the effects society has on this person. The effects of oppression de-value not only the individual but other individuals within the same marginalised group. Looking once more at the example of people with disabilities, the social worker should recognise that all disabled people face oppression however each individual within that group will experience that oppression differently (Horner, 2006). This allows practicians to get the picture individualisation which not only sees the individual but also sees that person on a wider platform encompassing their socio-political situation (Thomson, 2005). Placing themselves in the position of the individual allows the social worker to empathise with them, from here social workers are able to understand their values and promote the rights of the individuals. Social workers should also be mindful of how they approach people, what level of understanding the service user has and oblige to this, being aware of the language they use for example (Horner, 2006)AOP has no permanent definition, rather a fluid meaning that changes in reflection to social, political, historical and economic factors facing the reality of the service user (Dalrymple et al, 2006).Pierson finds that although AOP is valuable within social work practice, it is also faced with boundaries. He believes that it fails to recognise the grandeur of poverty within the realms of social injustice for individuals and that AOP ignores the power that neighbourhood can hold in tackling social exclusion by encouraging community participation from individuals. It is seen however as an institution that has one voice speaking for a whole community (Pierson, 2010).Using an ecological approach, looking holistically at an individual by mapping out their connections with their society, neighbourhood and family, it is possible for the practitioner to understand how they have reached social exclusion and potentially oppression. This approach will highlight areas that need addressing which may have been missed and can aid practitioners into supporting service users into social inclusion (Pierson, 2010).This assignment has determined what is meant by social exclusion. It is evident that socially excluded individuals and groups face great difficulty in attempting to overcome it. Discrimination and social attitudes play a part in this although I have found poverty to be the main barrier. The role of the social worker is therefore a vital component, by empowering individuals and challenging legislation and services it can be possible to tackle social exclusion. This should be done at both individual and wider societal levels. What is also apparent is that although social exclusion and oppression are closely linked they may also undermine one another. I have also acknowledged that legislation that is put in place to overcome oppression can sometimes have the opposite effect, this was found when examining the governments initiative to get more disabled people into mainstream employment. As well as anti-oppressive practice, a multi-agency and ecological approach is needed for social workers to address and overcome social exclusion, which according to the Code of Conduct set out by Care Council for Wales is an expected role within social work practice.ReferencesBASW (2014) Social Work Careers online. Birmingham, The British Association of Social Workers. accessible from https//www.basw.co.uk/social-work-careers/ accessed on 30/10/2014Care Council for Wales (2011) Code of Practice for Social Care Workers. Cardiff, Care Council for WalesClass (2013) Exposing the Myths of Welfare online. London, Centre for Labour and Social Studies. Available from http//classonline.org.uk/docs/2013_Exposing_the_myths_of_welfare.pdf accessed on 31/10/2014Dalrymple, J and Burke, B (2006) Anti-Oppressive Practice, Social Care and the Law (2e) Berkshire ca ve in University PressDisability Wales (2014) Social Model online. Caerphilly, Disability Wales. Available from http//www.disabilitywales.org/social-model/ accessed on 30/10/2014Fox, N (2014) What are Remploy workers doing now? online. London, BBC News. Available from http//www.bbc.co.uk/ word/uk-29843567 accessed on 31/10/2014Gander, K (2013) Millions of families living in poverty despite being in employment says new study online London, The Independent. Available from http//www.independent.co.uk/news/uk/home-news/millions-of-families-living-in-poverty-despite-being-in-employment-says-new-study-8991403.html accessed on 30/10/2014GOV.UK (2014) Access to Work Individuals helped to end of June 2014 online. London. Gov.uk. Available from https//www.gov.uk/government/statistics/access-to-work-individuals-helped-to-end-of-jun-2014 accessed on 31/10/2014GOV.UK (2013) Drive to get more people into mainstream jobs online London, Gov.uk. Available from https//www.gov.uk/government/news/drive -to-get-more-disabled-people-into-mainstream-jobs accessed on 31/10/2014Horner, N (2006) What is Social Work? Context and Perspectives (2e) Exeter, Learning Matters Ltd.ONS (2014) Social Indicators online. Newport, Office for National Statistics. Available from http//www.ons.gov.uk/ons/guide-method/compendiums/compendium-of-uk-statistics/social-indicators/index.html accessed on 30/10/2014Paton, G (2013) Immigrants fil one in five skilled jobs online London, The Telegraph. Available from http//www.telegraph.co.uk/education/educationnews/10424148/Immigrants-fill-one-in-five-skilled-British-jobs.html accessed on 30/10/2014Pierson, J. (2010) Tackling Social Exclusion (2e). Oxon RoutledgeThompson, N (2009) Understanding Social Work (3e). Hampshire Palgrave MacmillanTrevithick, P. (2005) Social Work Skills a practice handbook (2e). Berkshire percipient University PressWAG (2007) Fulfilled Lives, Supportive Communities. Cardiff WAGWilliams, C (2011) Social Policy for Social Welfare Practi ce in a Devolved Wales (2e) Birmingham, suppose PressWilson, K., Ruch, G., Lymbery, M and Cooper, A (2008) Social Work An introduction to present-day(a) practice. Essex, Pearson Education Ltd1
The Myth Of The Clash Of Civilizations
The Myth Of The Clash Of CivilizationsIt is a masticate by Ed fightd says, held in the University of Massachusetts, it is somewhat strike of acculturation and how population retrieve about it. He is mainly responding back to what Samuel Huntingtons and Bernard Lewis utter about the strike of civilization. Edward had his MA in 1960 and a doctorate from Harvard University in 1964. The most tot alvirtuosoy- big(prenominal) belong of him was the Orientalism, which was a part of postcolonial studies. In this video, Said argues that Lewis and Huntingtons had the wrong conceptualizeing and thoughts about the collide of civilization.In this whip, Edward is responding back to what Huntington and Lewis express about face-off of civilization and he critic their ideas. Huntington believes that in the future tense, there will be brushing amid countries this clash will be mainly a clash of religious beliefs. Huntington verbalise that the tungstenernmost should be strong an d keep others weak. It is receptive here that he regards the westernmost to attack other countries and occupy them by use force against them, which consider colonization. In his argument, he foc apply on the Islamic religion and he says that it is the main reason of the clash. He said that Islam is anti-western sandwich, and Muslims ar using fury against non-Muslim and the g everyplacenment and other Muslim organizations atomic number 18 encouraging violence against them.Moreover, Huntingtons ideas and thoughts were mainly based on what Lewis Bernard said in his countersign Islam and the atomic number 74. He compargons religion non to a religion middling now to geographical indemnity-making countries suggesting that Muslims and Arabs argon backward uncivilized flock and they ar savage without any manner according to the westsideern culture. According to what he said, the West will natter to it an excuse to attack and fall upon other countries, just what the U K did to India and they c in alled it, we want to bring advancement and t each(prenominal) them how to be regenerate just like the West, precisely instant they take over their region and stayed there for two centuries. Taking whatever they want from there and do whatever they want. Edward criticism is much on the fact that Huntington disc is for the insurance ecclesiastics in the US, thus is a main danger when the policy maker takes what Huntington said seriously these people will misunder foot the views of the Muslim founding.Lewis and his book Islam and the West shows that the all the task around the world is because of the Muslims and to ferment this problem they bewilder to deal with them. Lewis mentioned that there ar billions of Muslims in the West and they want to take over the country and he called it rage on the West (Lewis, 1993). What he meant is that before they take over our country lets engage them first. As we say in Arabic, lunch on him before he dine on you. This excuse is really baseless. He just wants to start a religious war. He to a fault saied that Islam is non modernize and never speared amidst church and state. Bernard must know one thing that in Islam the press out rules are made by the religion rules, which merchantman non be set-apart from each other. One example of that is when the US had the economic crisis, all the banks got affected and most of them did not have any money, just because Muslim banks used the Islamic rules in the banks they have not been affected like the Western banks. And about modernize, Islam is modernize tho they can not find it, because to the West it is not matching the Western standers. As the West project it, you have to be like them to be modernize which is wrong. In his book Islam and the West, He wroteIt should be clear that we are facing a belief and a movement in Islam for transcending, the level of issues and polices and the government that pursue them. This is no less than a clash of civilization. The perhaps irrational, however surely past receptions, of an ancient rival against our Judeo-Christian heritage, our secular present, and the world-wide expression of both, it is crucially important that we, on our side, should not be provoked into equally historic, only also equally irrational reaction against our arrival. (p.78).It is clear from Lewis statement that he is motto that clash is religion and it is surrounded by Islam and Christianity. And Islam is spreading all over the world and they the West must do fewthing to stop it. He telephones the Western religion is more superior than the others and it should not be equalized with other religions. What he is severe to say that in the past Islam used violence to spread all over the world and now after more than 1200 years they are trying to do the same thing with the West. Lewis also said in his book that Islam can not understand other civilization, which is wrong. Muslim people travelled aro und the world before Marco Polo did. They went to Spain and China. They lived over there and took from their friendship and become a part of them. Islam can understand any civilization but their always be a limit what to take and what not to take from other civilizations.Saieds belief that there is no part of Islam, which is essentially against the West. Over the last decade, we have seen numerous cowardly attacks on Western countries, for example, the Swedish-Iraqi attack in Stockholm and the 9/11 attacks. The US governments do not have any clear evidence that the attacks were done my Muslims. Do not believe the idea that Muslim extremists are driven by a justifiable rage, they are driven by the semi governmental issues that they are having from the West. It is never related to the religion. Islam and Western cultures are inherently different, and this is why we have participation. Moreover, that does not mean Edward is anti-Western. He was very critical about some of the ways Western hegemonic thought has used to describe Arab societies and to design political relations with this part of the world. He is not bias because he was meliorate by British, on British-Egyptian Christian schools.Furthermore, Said mentioned that, some civilization that has originator and technology advancement gave to them self the even out to colonize other in the name of Nobel idea, which is to civilize them but in fact, they want something else. Competing imperial world-beater invent their take theory of cultural destiny in localize to justify their action aboard. I just want to know who gave them the right to figure on people and the way they live. You can not win over something that is related to culture. Examples of these countries, USA, Germany, and UK. Which the real purpose is to have more power, conquest, and unrestraint self pride. The West believes that each encourage has a special destiny or labor to do. For Example, the Chinese raise is to serve, the black raise must be the labor, because they are strong and they can work hard. Here we can see that the West had the wrong idea about people, they thing that they are the superior raise because they are white and other people are below them so they must serve them.Edward said that for a country to have it very independent. They must speak their own Language, Which he meant nationalism. You have to be chivalrous of your language and used it to have truly independence. For instance, in India conquers party, only by supporting Indian language the political independence can accrue. solo by supporting their word against the West, they will be able to stand on their feet. Edward said that the Culture and civilization is spread then each other. The core of Islam is to be separated from everything else, and the core of the West is to be separated from all the other. Also that, it is not a clash of civilization, but clash of definition. Defining the culture is hard each culture defines its ene my. People are fighting over us vs. them, ideas of good and evil, belonging or not belonging. Islam like the West is not a single or uniform thing(Edward,1998). Islam is different in Indonesia, different in Egypt. For example, in Egypt, there is a conflict in the Islamic movements. In the lecture, Saied has quoted from Aime Cesasre, which he wroteBut the work of man is only just beginning, and it remains to conquer all the violence entrenched in the recesses of our passion and no race possesses the monopoly of bang, of intelligence, of force. And there is a place for all at rendezvous of victory. (p.48).Cesasre meant that there are no boundaries or block in the midst of cultures. Anyone can take whatever he wants form other culture. And there is no standers for civilization or beauty or intelligence. Every people or culture has their own stander, which differs from one culture to some other and all of them are right. At the end of the lecture Edward discussed the Palestinian Isra elian conflict and how it is a good example of colonization. The Israelian uses the excuse that plastain is the forecast subvert for them, so they keep killing people and force them to give up their houses. It seems this clash between them is related to religion but in fact, they just want a place to live and a country. Edward said that you can not victimize others because you were victim yourself, there has to be limit. It is not a reason to invade other people and take over their country.Additionally, Edward said it was a clash of ignorance. That Huntington had a monolithic view of Islam and he over generalized the situation and did not understand the complexity of the conflicts and the people obscure in them. He is touching on the growing influence of those who counsel latent hostilitys and clashes, and subsequently benefit from this sort of contaminated atmosphere to prepare the people, especially of the USA, to engage in war, such as the case now. The media has become na da more than a blowing horn for such a paradigm of tension and hate. The West mainly sees Islam through distorted, Orientalist, lenses. Also, correlation alone is not commensurate to prove that what you said must mean there is a cultural clash. There could be a clash in some areas, but this is created by powerful people to make Islam seem threatening so regions, like Iran, can be dominated for oil. More people should be aware, that it is never about religion. He covers the topics of how Muslim/Arab people have more to do than to think about the West with hatred, how Huntington is not a school-age child of Arab/Muslim cultures but wants to prolong and depend the conflict. Said observes how the French used the notion of a civilizing mission to justify brute force against the nations whose land and resources they valued. This imperialist mission gives rise to wars of national liberation among the colonized.What Huntington and Lewis predicted that in the future there would be a clash between religions and that what happened, but it is not true. People think that nowadays there is a clash between religions. When US invaded Iraq, people thought that it is a Holy war and because they think Muslims are behind the 9/11 attacks. What happened is that US invaded Iraq for a political issues, which was that S fetcham had a mass distraction weapons but they did not find anything over there. It was mainly about oil and recourses. US media are presentation to people that US are in a religious war in Iraq and they are trying to bring freedom and democracy to Iraqi people. I cannot understand how the 9/11 attacks is related to Iraq. They just wanted an excuse to invade Iraq in the name of freedom. West media showed the stereo figure of Muslim and how they are angry all the time, they just misrepresent the Islam. What Edward said is whole true there is no clash between religions, but the US government wants the people to think that what is happening. As I see it, the hist ory is repeating itself. When the British went to Africa, they said we are here for a Nobel cause, but in reality they are here to take over the country. The same scenario is happening in Iraq, but in this case, their excuse is religion, which is completely wrong. To resolve this dilemma, the West should solve their political issues with the easternmost and not to machine-accessible with the religion. Another Example is the current crises that US facing with mating Korea. North Korea has a clash with the West and they are not Muslims. This support my evidence that the clash is not about religion, it is about political sympathies.I found some other(prenominal) holds which discusses the clash of civilizations, In Rami G. Khouri phrase rescuing atomic number 63s failed middle east policy he is saying that the Europes policy is failing in Middle East. So they dont add anything to solve this problem and their policy dont have the power to change anything and solve this issue. M orover, Khouri thinks that they cant change anything because the Europes are pursual what US and Israel policy. Without saying their own opinion. So they become with Israel in this conflict between East representing by Palestine and West which is representing by Israel in this conflict. His advice for Europe is to stop following US and Israel policy. Because it will lead to a clash between the East and Europe, like the West and the East.Furthermore, he wrote an article Rewinding the reel to root causes and he said that the root for the conflict between East and West is the Israel- Palestinian conflict. If the root of the conflict between East and West is the Israel- Palestinian conflict, what do you think if you see some countries like the States or Europe countries, which support Israel? They will feel same as Samuel Huntington idea that the clash between East and West is about religion. All the people who examine the history and read about the crusades will know that the conflic t between the Israel and Palestine will take him back in time of the crusades arrest because the two situations are same in a lot of sides. The Israelian are doing the same thing that Crusades had done, which is invading the country and killing people and flexure it to a religious war.But in the other hand, Amartya Sen in her article What clash of civilization? Why religious identity isnt destiny? powerfully dis fit with Samuel Huntington argument, because she think that Huntington make civilization too simple and equalite with religion. Amartya think that human has so many aspects that make him what he is. You should not judge on a book based on its cover. What she meant that there is another reasons of clash which is not related to religion.Kofi Annan mentioned in his article Annan says politics, not religion, at heart of Muslim-West divide. He thinks that there is no relation between politics and religion and he believes that the religion is not the root for any conflict in thi s world. I agree with him the root of conflict is related to the political issues that the country have against each other. It was never about religion. I agree with him that the Israel- Palestine conflict is the root of the conflict between East and West and this conflict is the main cause of the clash between the two sides.Moreover, Mohsin Hamid and his article why do they hate us he says that Muslims hates West because of the America policy. In this point I might agree with Mohsin Hamid, because Muslims sees that America outside(prenominal) policy is always unfair with Muslims in different issues and different places all over the world. Muslims dont have any problem with America, if their policies change not with what Muslims want, but with the justice even if it was against the interests of Muslims. Therefore, this is another point that supports my argument that the clash is about politics not religion.Another Article wrote by John L. Esposito, which is Its the policy stupid. I ts an interesting article, because John L. Esposito think that the root of the problem started from America policy. Because they did a lot of mistakes in their foreign policy toward the East and when they try to solve their first mistakes, they made new mistakes, which made the situation even worse than before. Another political issue, which is not related to religion.In Fawaz Gerges article which is title America and political Islam. He believes that there is no clash between civilization and the clash is between benefits. Any Western countries who are against the west will be Terror. I agree with him that it is really a clash of benefits and interests. We see that some countries policy change from day to day. They change their policy because their interest change and they change their allies depending on their interests. For example, Saddam was a friend of the US government, but when the interests changed they just removed him.An article wrote by Edward said which is Imperial Pe rspectives. He is saying that after World War 2 the US goal is to direct the oil supply in the Middle East and make sure that Israel is the dominate power in the Middle East. He said that US claim to educate people and liberate them but in reality they just want to control and rule. The US want to see Arabs and Muslim in the way they like, not with the way Arabs and Muslims are which an imperialist perspective is. He also said that US think Arabs and Muslims are anit-democratic and anti-Semitic. These are enough reasons for US to invade another country in the name of democracy and freedom.All in all, The west uses the clash of civilizations myth as a means of western intervention and expansion, and that western culture is dominant, which presents a Eurocentric dichotomy. What Huntington and Lewis predicted came true but in reality, the US government uses the religion as an excuse to invade other countries. What Edward said it is true that the clash is not about religion. US media w ant people to think that it is about religion, which will make their problem easier. In the past when a powerful country invade another country their excuse was to modernize and educate them, now they are using the democracy and freedom excuse to invade other countries. Different excuses but they have the same goal, which is to colonize.
Effectiveness of Role Play on Attitudes to Mental Illness
Effectiveness of Role Play on military capabilitys to Mental diseaseEFFECTIVENESS OF ROLE PLAY ON ATTITUDE TOWARDS MENTAL na utilisea A PREEXPERIMENTAL STUDY*Mr. G. Balamurugan, Head, Dept. of Mental Health Nursing, M.S. Ramaiah Institute of Nursing didactics and Research, Bangalore 54.IntroductionThe problem of stigmatization of psychological maladyes is one of the reasons for exclusion from the sociable disembodied spirit of ill people. The lack of substantial knowledge concerning kind disorders is semiconducting to emerging of stereotypes and discrimination against the noeticly ill.(alex) Decades of research halt established that the macrocosm holds negative beliefs about Persons with mental diseasees, among them that such(prenominal) individuals be dangerous, Unpredictable, unattractive, and unworthy and are unlikely to be productive members of their communities (otto).Moreover, these negative perceptions chip in been remarkably regular despite advances in scien tific arrest of mental illnesses and ex tennersive efforts to advance public understanding.(7,8).It is unlikely that these negative strengths and misperceptions emerge full blown in adulthood. Rather, they likely have their roots in childhood and developstep by step through childhood and adolescence. Psychiatrically labelled children, then, may face misunderstandings and negative statuss by their peers. Ostracism, rejection, teasing, and damage to self-esteem, as well as reluctance to seek or accept mental health treatment, are among the possible consequences (912).These consequences may be particularly relevant during adolescence and preadolescence, a period in which onset of a variety of psychiatric disorders peaks and children are acutely attuned to the judgments of their peers. Accordingly, it is important to understand much about the knowledge and berths of youths associate to mental illnesses and peers who may manifest such illnesses. (Otto)Overall, seemed to indicate t hat even young children view mental illnesses as in some manner less desirable than other kinds of health conditions.(otto)Role of education has been cited as intrinsic to reduce stigma towards mentally ill.tarun .Psycho education is among the most effectuateive of the evidence-based practices that have emerged in both clinical trials and community settings. Because of the exibility of the model, which incorpo tramps both illness-specific information and tools for managing related circumstances, psycho education has broad potential for many forms of illnesses and varied life challenges. EllenEducation is integral to reducing stigma toward the mentally ill. Nurses educators have a key role in delivering education that reduces that stigma.It is well established that experiential rules of teaching are more effective than instructional methods and are favorite(a) by the students. Aspegren KThe effect of roleplay simulations with patients and actors has been considered in several studies. MinoWe were unable to find any studies that explored whether roleplay had an impact on adolescents of high schooltime school. In the light of the importance of stigma with in mental health and the shortfall of evidence related to both how educational experiences influence attitudinal increment and the effect of role-play, we decided to explore come on the effect that role-play has on attitude of adolescents. The vast spread use of roleplaying for teaching and the fact that these sessions were judged to be memorable to students pass on indicated that this was an appropriate focus.No previous study has explored the effect of interpolation such as role-play on high school student attitudinal development in India.Despite the many studies of public attitudes toward mental illnesses, relatively some have examined the views of the high school children. This study was intended to increase understanding of schoolchildren views of mental illness by demonstrating a role play f or the high school students toward mental Illnesses.TopicA preexperimental study to assess the persuasiveness of bring on attitude towards mental illness among adolescents canvas in a selected high school at, Bettahalasoor, Bangalore, Karnataka, India.ObjectiveTo find the effectiveness of wreak on attitude towards mental illness among adolescents.To find relationship between selected socio demographic variables and the pure tone of attitude.Materials and MethodsSample Bettahalasur is small resolution located nearly 50 km away from Bangalore. This village has population of 3573 residing in 900 families, in which around 20% were adolescents. Moreover it has higher literacy rate compared to Karnataka. In 2011, literacy rate of Bettahalasur village was 82.80 % compared to 75.36 % of Karnataka(Census, 2011) Census. (2011). The required sample size 30 was estimated by G*Power 3.1.6.2 version based on of 0.05, power of 0.95 and with the effect size of 0.7. Random table was used to select 10th standard students studying in selected high school at Betthalsur, Bangalore, and Karnataka.Measures A Socio Demographic tool was constructed by the investigators, which consists of 11 items. To assess the quality of attitude towards mental illness among adolescents, an attitude scale (likert type) was constructed by the investigators and was validated by the experts. The scale contains ten domineering and ten negative items. For the items the responses given were totally disagree, close disagree, neutral, almost agree and totally agree which was scored as 1, 2, 3, 4, and 5 respectively for the ordained items whereas reverse scoring was done for the negative items. Total score range of mountainss from 20 100 and is categorized into negative, neutral and positive attitude in the range of 20 40, 41 60 and 61 100 respectively.Procedures After obtaining the positive permission from the concerned school authorities, pre turn out was conducted followed with 45 min of Roleplay which was conducted by the IVth yr BSc Nursing students regarding the attitude towards mental illness. The post test was conducted afterwards 7 days. Collected data were analysed with appropriate descriptive and illative statistics.ResultsSociodemographic detailsHalf of the subjects are aged 15 years, and 57% of them are females. Around 90 % of them are belongs to Hindu religion and have atomic family type. Only two percent of the subject has a family history of mental illness.Effectiveness of Role play dishearten 1 Mean, SD, t order of attitude before and after roleplayn = 30 interrogatoryMEANSDt valuepBefore66.938.7653.1320.004After73.337.545Table 1 show that the enhancement of mean attitude before the role-play (66.93+8.765) and after the role-play (73.33+7.545) is statistically significant. (t=3.132, p=0.004). Similarly 73% of subject had positive attitude before the role-play and the same was increased to 97% after the role-play (Fig 1). It revealed that the Role -play is an effective method to change the quality of attitude towards mental illness among adolescents. theatrical role of Attitude before and after roleplay strain 1 Quality of attitude towards mental illness before and after roleplayDISCUSSIONFigure 1 shows that 73 % of adolescents who had positive attitude in the pre-test similar purpose was describe by (Otto et al 2004) wherein he reported results revealed high treaty on many items indicating positive attitudes toward mental illness , also 90% of students agreed that people with mental illness deserve respect, that more should be done to help people with a mental illness determine better, and that jokes about mental illness are hurtful and the students also verbalised strong acceptance of people with mental illness. After the role-play the percentage of adolescents who has positive was increased from 73% to 97 %, similarly the neutral attitude was lessen from 27% to 3%. This result is contradictory to (Roberts LM 2008) wh erein he reported that Single high-intensity routine teaching sessions such as role-play involving metal illness do not influence student attitudes.Relationship between Selected Socio-Demographic Variables and Quality of AttitudeMale adolescents (70.69+10.012) are having higher attitude than female (63.94+6.823) counterparts (t=2.197, p=0.036). Remaining other socio demographic variables are not associated with attitude.Summary and demonstrationThe findings of some positive impact on stigma scores from private experience ,however, supports previous findings that psychiatric rotations and specific education programs can be effective in reducing stigma and suggests that one way in which these rotations work is through delivery of contact and personal experience of individuals with mental illness. Although this findings was limited, it may indicate future avenues educators could explore in the development of programs knowing to reduce stigma in high school students. We recommend fur ther research into the use of clinical placements and patient attachment exercises to provide students with these experiences at an early stage in their careers and the use of literature and film to reflect the personal experience. Further work should be undertaken to explore factors that may rationalize the large variation demonstrated in the student scores. It is likely that it is not experience parse that is implicated in the development of attitudes but the quality and nature of this experience. Other factors such as exposure to media images of illness have previously been implicated in psychiatric stigma, and their effect should be further explored with the high school students.Thus the study conducted in the high school for the adolescents of high school education on the effectiveness of role-play their quality of attitude towards metal illness, reveals that it is an effective method to change the quality of attitude towards mental illness among adolescents. While the study is limited in its single set approach, we believe such teaching undertaken at the high school level is similar to that delivered at other high schools also. We encourage other schools to use this approach in evaluation of novel teaching approaches and the assessment of unwitting outcomes.ReferencesSadock B.J., Sadock V.A., Kaplan sadocks synopsis of psychiatry. 10th edition. Philadelphia Lippincott willimams Wilkins 2007, .Townsend M.C. Psychiatric mental health nursing. quaternate edition, Philadelphia F.A.Davis 2003,.Asha K. Human rights and persons with mental illness in India. Frontline Magazine. Volume 18- Issue 17, August.18-31, 2001. universal resource locator from http//www.bpaindia.org/Enewsletterfinal%20Report%20April%20-%20June%2007.pdfAspegren K. BEME guide no. 2 teaching and learning communication skills in medicine a review with quality grading of articles. Dundee, Scotland Association for medical checkup Education in Europe, 1999.Mino Y, Yasuda N, Tsuda T, Shimo dera S. Effects of a one-hour educational program on medical students attitudes to mental illness. Psychiatry Clin Neurosci 200155501-7Census. (2011). Bettahalasur Population Bangalore, Karnataka. Retrieved from http//www.census2011.co.in/data/village/612895-bettahalasur-karnataka.html
Industry For Rivalry Among Existing Competitors Marketing Essay
Industry For ambition Among Existing Competitors Marketing EssayThe barriers to entry are pretty blue for refreshful entrants, in card-playing food manufacturing McDonalds they earn achieved tall economies of crustal plate and have better access to raw materials and distribution channels. so new entrants may find that a high cost of investiture is required in securing plant and machinery. So these factors will be threats of new entries for new entrants. exactly in dissolute food industry is gaining and presenting an summation in sales at the mean time because of their affordable prices with conviction crunch, it assumes it attractive to new line of business.BARGAINNG POWER OF BUYERSIn fast food industry McDonalds is maintain the sooner miserable bargaining power of buyers. In this slick perceived to be pretty moo risk for McDonalds as consumers have little control over the variations in the product offerings, price, and place of distribution. However, amaze company should always take place and any necessary rendering made. The company should keep guests satisfied, as switching cost is quite low and the chances of switching to a nonher brand in case of dissatisfaction is relatively low. But for that possibilities are very low because McDonald has created its mountain range among the consumers through brand name, differentiation, quality, quantity, milieu, customer care, promotions and uniqueness.BARGAINING POWER OF SUPLIERSIn this case Supplier power is quite high in this fast food industry because there is lesser number of suppliers, and customers cannot switch to other brands because every brand has created its own image in the consumers mind, thats why consumer cannot switch to other brands. On the other hand, McDonald has established long term relations with its suppliers and McDonalds has a great mess of shape over their suppliers, due to the fact that it supports them and trains them, the threats from suppliers are quite low. Due to the scale of McDonalds operations, suppliers are keen to maintain their contracts with company. McDonalds internationalization could also mean great sales potential for suppliers.THREATS FROM SUBSTIUTE PRODUCTSSubstitutes product means, which can do the similar run as the original product can do. In this area It could be argued that the threat of switchs to McDonalds comes from pizza hut, KFC, Din more, burgers king and other domestic fast food firms. However, most of the above firms do not have the equal stranded of convenience that McDonalds provide, and People going to McDonalds for eating and entertainment. This makes the list of substitute products quite long specially ENTERTAINMENT ADMOSFIER.INDUSTRY FOR RIVALRY AMONG alive COMPETITORSEvery firms looking for competitive advantage. It is the forces that holds their company above others in their business and gives them strength of survive in market. Among the every organizations competition is based on the nature of bu siness. The concentration of firms within the fast food business is low due to the established presence of McDonalds, Burger King, Pizza Hut, Dine More and KFC. However, in certain markets, McDonalds will face competition from established competitor fast food outlets. for example McDonalds and KFC, and they provide equally attractive products and services, If buyers dont get customer satisfaction from McDonalds, theyll go to KFC or somewhere else so they should to be continually satisfied and also they should be very innovative and unique in the products at regular intervals to attract and maintain the customers.RELATIVE POWER OF other STAKEHOLDERSIn every business firms or industry has stakeholders.It is very pregnant that multinational companies highly consider and value their general public or stakeholders.Stakeholder for McDonalds Sri Lanka includes.CustomersFranchise HoldersEmployeeSuppliersCommunity groupsShare holdersInvestors-since McDonalds is a public company, our shareh olders are happen upon stakeholders. Shareholders, its a one of the pretty broad category but not quite as broad. Shareholders can be individuals, companies, pension funds, mutual funds, etc. Every investor is managed on their own and with company support as well. McDonalds contract the investors or shareholders an income that is better than what they could get it from any other place in fast food industry.Employees-, McDonalds employees rely on us for income and benefits ,The employees produce and apportion the products and services to the external consumers. Basically, employees are selling a big fracture of their lives and must receive reasonable pay and especially Managers are ensure a full(a) salary if they can develop the firm and make it profitable. They regularly work for 50 to 60 hours in a week.Community-McDonalds inescapably the community to survive in competitive market. Because the community builds path way, provides electricity, security, colloquy and technolo gy and all. In turn, firm are obliged to keep the communitys environment clean and green.Suppliers-if any firms that cannot survive without goodness suppliers. McDonalds must work with their suppliers with good relationship and pay them a fair price for their products and services. And also already McDonald has established long term relations with its suppliers and McDonalds has a great deal of influence over their suppliers.Customers- consumers are one of the important stakeholders, McDonalds should provide fast, efficient, good food and customer services on a consistent basis. therefore only firm can successfully survive.
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