...The Role of Unethical Decisions The Great Recession was caused by a massive movement of the whole banking industry disregarding ethical behavior and leaving the philosophy of sound investing strategies for a philosophy of profits. In evaluating the role of unethical decisions in causing the financial crisis, we will start by defining ethics. Ethics can be defined as rules of behavior based on ideas about what is morally good and bad. In every profession, each person has to abide by codes of ethical standards for that profession. So with regards to the financial crisis individuals acted in an unethical manner which eventually aided in the great recession. In analyzing the sources of the problem in the financial crisis, such as poor risk controls, too much leverage and an almost willful blindness to the bubble-like conditions in the housing market, we can strongly say that ethics did play a major role. Financial firms became unmoored from its ethical base and were free to behave in ways that were in their, top executives, short-term interest without any concern about the longer term impact on the industry’s customers or the broader U.S economy. Integrity and a sense of responsibility to the industry’s customers are at the core of what a financial industry must be all about; otherwise it is just a big Ponzi scheme. The ethical failures in the subprime lending played a major role in the financial as mortgage brokers did not care about the credit worthiness of the borrowers as...
Words: 3142 - Pages: 13
...Practical Application…………………………....................................................................7 Works Cited……………………………………………………………………….............8 Introduction – Goal of Biblical Counseling David Powlison has developed a biblical theology of biblical counseling with the foundation of this counseling style being the Bible as God’s authoritative word. Powlison believes that the Bible is sufficient to provide the basic framework for the counselor in addressing every problem in any area of life. Powlison is quoted as saying, “it becomes clearer and clearer that Scripture is about counseling: diagnostic categories, causal explanations of behavior and emotion, interpretation of external sufferings and influences, definitions of workable solutions, character of the counselor, goals for the counseling process…These are all matters to which God speaks directly, specifically, and frequently. He calls us to listen attentively, to think hard and well, and to develop our practical theology of conversational ministry” (Powlison 2010, 102). A biblical counseling movement emerged in the late 1960’s and the main spokesman for this movement was Jay Adams. In 1968 Mr. Adams helped establish an organization known as, “Christian Counseling & Educational Foundation or CCEF. (Christian Counseling 2013) The...
Words: 1941 - Pages: 8
...various characters throughout the story to show his opposition to shock treatments (Kesey, 1962). He also explains how this treatment is given as a form of punishment and abuse, as one of his characters explains, if one does not listen to the nurse’s orders, you will end up on the ECT machine. Kesey believes that shock therapies are not properly justified and can cause much damage to the patient. Even if it seems to work, the patient eventually relapses, which proves the treatment to be unsuccessful (Kesey,...
Words: 1507 - Pages: 7
...beneficial for individuals suffering from post-traumatic stress disorder (PTSD). However, the interventions used in the group therapy setting must be appropriate to each individual within the group, adding a level of complexity to the job of the therapist choosing the interventions. By using a number of different therapeutic theories and interventions, the therapist can hope for the best possible results for the group as a whole and for the individual clients. Some of the most flexible therapeutic frameworks that work well in group therapy settings are cognitive-behavioral therapy, solution-focused therapy, and psychoeducation. Cognitive-behavioral therapy is a popular therapeutic framework that has been used with great success with patients suffering from post-traumatic stress disorder. One intervention suitable to the group therapy setting is thought-stopping. Thought-stopping involves analyzing the thought patterns our brains have created and interrupting the process at the point where thoughts begin to turn irrational. For example, in the group therapy setting a member of the group may report that while walking on the sidewalk one day, a man began to approach from the opposite direction and the group member, a combat veteran, had a flashback to terrifying war events. The therapist leading the group would then facilitate a discussion of deconstructing the client’s thought processes. The group may then determine that the combat veteran saw the man coming towards him and the...
Words: 1366 - Pages: 6
...Discussion The results of the experiment show that PAV/PAV genotypes have the largest density of fungiform papillae, supertasters with PAV/PAV will be more likely to taste the bitterness of the PTC test strip, and the PAV/PAV genotype subjects are most likely to find grapefruit juice not palatable. Analyzing the results of the the first phenotypic experiment, the PTC test strip experiment showed that all of the subjects with AVI/AVI could not taste the PTC, so they all assigned the value 1 to the bitterness of the strip. The PAV/AVI and the PAV/PAV groups did not have such uniform results due to differing rankings within their genotype group. The PAV/AVI group ranked an average of 2.13 and the PAV/PAV group ranked an average of 2.33 (Fig. 2). Not only are these values similar to each other but due to the variation of rankings within the respective groups, their error bars on Figure 2 overlapped, revealing there was not a significant statistical difference between between the abilities of the PAV/AVI and PAV/PAV groups to taste PTC. Thus, the PTC test only partially supports our first hypothesis that supertasters would taste the highest degree of bitterness, followed by tasters, then nontasters because the there...
Words: 1018 - Pages: 5
...However, after consulting with my professor, I was allowed to proceed with narrative therapy to help my client deal with the symptoms of complicated grief. When she was 39, her husband was brutally murdered. At the age of 82, when I met her, she told me that she had never had a chance to talk about her husband’s death and how she struggled emotionally afterwards. Furthermore, she viewed her situation as abnormal according to the societal standards and mainstream culture which tend to understand grief as a predictable five-stage process of denial, anger, bargaining, depression, and...
Words: 1114 - Pages: 5
...THE ENDLESS CRISIS REPORT Introduction The Endless Crisis was written by John Bellamy Foster, the editor of Monthly Review and professor of sociology at the University of Oregon collaborating with Robert W. McChesney. The article came originally from the introduction of the book called The Endless Crisis: How Monopoly-Finance Capital Produces Stagnation and Upheaval from the United States to China. The Great Financial Crisis and the Great Recession began in the United States in 2007 and quickly spread across the globe, which appear to be the turning point of the world history. The recovery plan was set to two year, however the world economy five years after crisis is still in the sluggishness. The Traid – United States, Europe, and Japan remain caught in a slow growth condition, financial instability, and high unemployment rate. As a consequence, the effects spread globally. Despite the slowdown of the global economy, China is the only country found out to be a bright spot as its economy is still expanding. Different views on the Stagnation In the United States, the focus of financial crisis shifted to the idea of economic stagnation. The idea of stagnation was introduced by authorities and published books as follow. Firstly, Ben Bernanke, chairman of Federal Reserve Board said on his speech in 2011 that the stagnation was not affects only the United States, but the global economy as a whole. He moreover stressed that he do not expect the long-run potential growth...
Words: 6358 - Pages: 26
...SOAN 225 | Gender and Poverty | | | Roy Roosevelt Fattouh | 10/4/2014 | | More than one billion in the world today, the great majority of whom are women, live in unacceptable conditions of poverty, mostly in the developing countries. Women represent 70 percent of the world's poor. They comprise more than 50 percent of the world's population but own only one percent of the world's wealth. Their lives are a litany of injustice, discrimination and obstacles that get in the way of achieving their basic needs of good health, safe childbirth, education, and employment. The sequence of discrimination that a woman may suffer during her entire life is unacceptable but all too common. Low income is the major cause that places women at high risk of poverty, and lone mothers are usually at the highest risk for extreme poverty because their income is insufficient to rear children. As the number of unmarried women increases, the diverse causes affecting their poverty must be examined. Poverty is multidimensional, and therefore, economic and socio-cultural factors overlap and contribute to the establishment of poverty. It is a phenomenon with multiple root causes and manifestations. Lack of income is a principal reason for women's risk of poverty as it deprives women of their basic needs and capabilities. As women disproportionately earn less income than men, they are deprived of basic education and health care. This deprivation passes on from one generation of women to...
Words: 2397 - Pages: 10
...Running head: THE CONTRIBUTION OF HIGHER EDUCATION IN NURSING 1 The Contribution of Higher Education In Nursing Grand Canyon University: NRS- 430 V Professional Dynamics THE CONTRIBUTION OF HIGHER EDUCATION IN NURSING 2 Nursing in today’s day and age is a profession that is both rewarding and demanding. With increased pressure on hospitals to provide clinically sound medical care while functioning as a business, nurses are at the forefront of providing patient safety in a business environment. America depends on both two and four year institutions of higher education to prepare nurses, who will be working side by side in the healthcare environment. As a result of nursing job growth and projected retirement rates, it is estimated that America will need one million additional Registered Nurses by 2018 (Fulcher, Mullin, 2011). With strong evidence that a Baccalaureate degree in nursing improves patient outcomes, the IOM recommends 80% of nurses have a BSN by the year 2020. Evidence clearly suggests a relationship between a baccalaureate education and improved patient outcomes (Sarver, Cichra & Cline, 2015). One difference that may contribute to competency differences between ADN and BSN programs is number of credit hours obtained while in school. BSN programs require 120 credit hours whereas ADN programs require 71.5 (Fulcher, Mullin, 2011). Thus, the amount of hours spent learning is greatly reduced in an ADN program. One can infer that more school...
Words: 1304 - Pages: 6
...ACADEMIC PROBLEMS ENCOUNTERED BY ACCOUNTANCY STUDENTS CHAPTER 1 PROBLEM AND REVIEW OF LI TERATURE Introduction The continuous learning of students through the help of books, professors and even internet is a mere fact which shows that knowledge still flourish in our humanity. Thus, different students have different views and ways of understanding such transmitted information and studies. Life as a student is said to be fun yet also stressful. Requirements, research works, reports and examinations abound student’s life especially during college verve. Every student knows the terror of examination. Learners have borne the pallor of midnight cramming and struggled through the anxiety before and the forced euphoria after their baptism by fire. There are probably more mental breakdowns on campus because of certain phobias and circumstances. These said breakdowns and problems of the students can be detected through examinations. Behavior therapy literature is replete with studies that report success in desensitizing people to the fear of exams. School is really a major hurdle for most families. When children succeed there, everyone is happy; but when they bring their failures home with them, parents relive their own childhood frustration with education. Such academic problems should be recognized and should also be given proper attention to aid students. The researchers...
Words: 4158 - Pages: 17
...Methodology: 14 1.10. Scope of the research 15 2. LITERATURE REVIEW 16 2.1. TYPES OF DRUGS 17 2.1.1 Heroin 17 2.1.2 Cocaine 18 2.1.3 Methamphetamine 19 2.1.4 Crack Cocaine 20 2.1.5 LSD 21 2.1.6 Ecstasy 22 2.1.7 Opium 23 2.1.8 Marijuana 24 2.1.9 Psilocybin Mushrooms 25 2.1.10 PCP 26 2.2 DRUGS DUE TO DEPRESSION: 27 4.3 Peer Pressure and Drug Use 35 4.4 Drug enforcement agencies 36 4.5 Drug Trafficking in Pakistan 38 4.6 Statistics 40 5 Methodology 43 5.1 Questionnaire 44 5.2 INTRODUCTION 46 5.3 Research Findings 47 5.4 Data Analysis 51 6 CONCLUSION 65 6.1 Introduction 66 6.2 Recommendations 68 6.3 Bibliography 69 Letter of transmittal To: Sir Sheikh Irfan, business communication II From: Asad Ali Roomy, Mohammad Ali Qureshi, Mohammad Ali, Moaz Date: 8th December, 2012 Subject: Transmittal of report on “Use of drugs in our society” Respected Sir, We are pleased to submit, for your consideration, this report which has been prepared on our research, based on the perception of IoBM students regarding the use of drugs in our society. The research and survey was focused on analyzing the major factors that leads to the use of drugs and what can be done to get rid of it. In our society, use of drugs among...
Words: 8908 - Pages: 36
...Mattye Thomas A Reference Guide of Social Psychology PSY 301: Social Psychology Laura Majoch December 17, 2012 A Reference Guide of Social Psychology Most individuals do not have a complete understanding about their social being. They are unsure of themselves and the things they are capable of. This reference guide will provide information pertaining how individuals discover more about their selves being consider of others, having some influence on others, whether persuading or obedient and conformity and some type of group dynamics. This information may help individuals to see their way through certain situations that may occur unexpectedly in their lives. A good source of reference with well detailed insights, would guide a person to the path of figuring out “self.” “Discovering the Self” How does one discover their self? We must discover ourselves by completely vacating our minds of all erroneous purposes that have been taught, and think of all the positive, yet true purposes of life. You can acquire this by setting goals, establishing values, and deciding early on in life the things that are important to one self. You may surround yourself around people who do not like you as much. Over a period of time, you begin to think less of yourself and this will affect your self-esteem. When individuals see their selves in the mirror, they do not stop to think whether the person they see is truly them; not a person others see them as. Individuals have to use their common...
Words: 2375 - Pages: 10
...Islamic Finance is a financial system that doesn’t work like other conventional banking systems. It follows the Islamic law, Shariah, which doesn’t allow certain aspects of a normal banking system such as usury and speculation. There are some main principles to be followed in Islamic banking. First of all, it prohibits interest, or Riba. Riba is forbidden in Islam, and therefore Islamic banking system adopts the principle of profit and loss sharing. It also prohibits uncertainty, gambling, and prohibits certain products and industries such as alcohol and tobacco. Islamic Finance needs to be in accordance with the Shariah. All products and contracts follow Islamic principles that conventional financial systems do not, such as interest and risk sharing, and uncertainty. Conventional financial systems have never worked this way and it worked for them for many years until they were hit by the financial crisis. The crisis had a minimal impact on the Islamic financial systems because they did not comply with all the factors that created the crisis in the first place. There were 3 main factors in the creation of the financial crises. First, subprime loans, which was lending to certain people who did not have a good credit history and were bound to default. The banks than charged them with higher rates that increased their risk of defaulting. Secondly, there was securitization, which was creating securities from un-liquid assets. This process is used by banks to create securities from...
Words: 2899 - Pages: 12
...are often used separately but it is crucial that the stress deals with emotions which includes anxiety and affects a person’s psychological well-being and overall body functions and health (Lazarus, 1999). While significant progress has been made in the development of both psychosocial and pharmacological treatments for people who have fallen victim to serious mental disorders but the number of people who have taken assistance from the available therapies is significantly low (Christian et al., 2013). Lack of motivation sometimes leads towards the poor results after therapy especially in people with serious mental disorders such as schizophrenia, psychosomatic disorders, depression and bipolar disorder. Motivation plays an important role while dealing with numerous mental disorders and illness though its great potential for treatment and it is increasing the understanding of mental disorders is yet to be fully...
Words: 2577 - Pages: 11
...Academic assistance is the defined as an activity for teaching available for students in all subjects including science, mathematics, management, business studies, business and law and information technology. In the academic assistance, all subject related helps is being provided to the students to meet specific subject related queries. It is defined as a tutoring practice, which provides support to the students in solving particular subject related queries. Apart from this, this makes the learning process easy for the students through providing ready to learn or tailor made notes and helps in solving specific subject problems. Basically, academic assistance is the new method of tutoring by a large number of institutions to facilitate the students in their studies. Academic assistance encompasses all types of subjects from English to Management. In the academic content development, a number of subjects such as business studies, marketing, accounting and financial management, operations management, qualitative techniques, history, science, statistics, dissertation and its proposal development, human resources and organizational behaviour are covered. In pertinent to the given subjects, academic assistance is a kind of help provided to the students in developing particular topic related subjects content. Academic assistance is not only limited to provide a notes specific to subjects, but also it covers a full helps in completing the project steps such as authentic data collection...
Words: 5329 - Pages: 22
