Pros And Cons Of Life Without Technology - 726 Words

Did a life without technology ever exist? Of course, there was a time without technology, but it is hard to imagine because we are so dependent upon it now. People today depend on technology from the time their cell phone alarm goes off in the morning until the time they go to bed to literally recharge at night. To say that we rely on technology is an understatement. Society would literally be lost on a long dark road to nowhere without technology. Imagine how distraught the world would be if all data was cut off for even an hour. As a society, we depend on technology for directions, addresses, phone numbers, a source of information, and communication. Imagine a road trip with no GPS, and no cell phone, most people would never make it†¦show more content†¦Ã¢â‚¬Å"Little by little, Internet and mobile technology seems to be subtly destroying the meaningfulness of interactions we have with others, disconnecting us from the world around us, and leading to an imminent sense of isolation in today’s society†. Face to face conversations form a bond between friends, family, and coworkers that makes a lasting human connection â€Å"not just someone whose disembodied text voice pops up on your cellphone, iPad, or computer screen (Nilles, Melissa). People no longer have â€Å"people skills†. Shopping is done from home. No more standing in long lines at the grocery store, department stores, restaurants, or even the banks. There is also a doctor’s office online, Teledoc. Why would anyone ever want or have to leave the comfort of their own home when everything can be done from their favorite chair? Computers are replacing the need for hard print books and newspapers. Libraries are being replaced by Wi-Fi hotspots. There is no need to remember any information when a flash drive can be used (Williams, Madison). It is hard to argue that technology has not improved life as we know it. Medical advancements have made it possible to live longer, cellphones enable us to text or call to say, â€Å"Hello† whenever we would like. Computers allow us to surf the internet and discover endless possibilities of knowledge and watch cute puppy videos. Machines make manual labor much easier and less manual. â€Å"Humanity is acquiring all the right technology for allShow MoreRelatedPersonal and Mobile Computing Essay1454 Words   |  6 PagesMobile Computing In today’s society technology is becoming more a part of individual’s everyday life or daily routines a lot more than before the 21th century (Barnatt). For example; Meaning that many people no longer buy newspapers from a news stand , but instead login to an online news cite by using his/her mobile device to read or find out different information. Furthermore, mobile computing will be discussed along with the different types of computing devices ; such as laptops , smart phonesRead MoreTechnology: Its Effect on Education Essay1087 Words   |  5 Pagesgenerally of preparing oneself or others intellectually for mature life† (Education). Technology comes in many forms including the Internet. It can be used in many different ways, one being educational purposes. Throughout history, technology has had an effect on Education; examples of this are the Internet, online courses, the use of technology in class, and with these there are also limitations. It’s belie ved that with technology, educators are able to teach students with a higher impact on theirRead MoreHow Does Technology Change The World Changing Technology Work?946 Words   |  4 PagesIn 2013, the Massachusetts Institute of Technology (MIT) and Massachusetts General Hospital (Mass. General) teamed up to change the world. They developed new technology that would not only take more detailed x-ray images, but also take images of soft tissue that would not have to be enhanced with some form of contrast. This new technology â€Å"could make x-rays ubiquitous, because of its higher resolution, the fact that the dose would be smaller and the hardware smaller, cheaper, and more capable thanRead MoreVirtual Reality : Reality Or Reality?1165 Words   |  5 Pagesdifferent systems to achieve virtual reality and they all come at a wide range of price ranges. With the continuing development of virtual reality, consumers and producers are beginning to see much more pros than cons, even tho ugh there still are some. In this paper, I will discuss the Pros, Cons, and the impact that virtual reality can potentially have in many occupations. Virtual Reality is the â€Å"term used to describe a three-dimension, computer generated environment which can be explored andRead MoreAdvantages and Disadvantages of Keyboards Versus Pencils Essay563 Words   |  3 Pages Technology is slowly taking over the world. It affects many things, one of them being handwriting. Typing has some advantages over handwriting, but typing also has some disadvantages. Cursive is outdated, and typing is more efficient than handwriting in general. However, handwriting has some benefits over typing. Cursive was a lot more prominent in the past then it is today. According to Remington Korper, cursive was taught before printing. This made it the main form of writing for students.Read MoreThe Virtual Law Office Services1030 Words   |  5 PagesA useful technology that is made available to law firms is on demand cloud based services. There are several cloud services offered to users, specifically two that are to legal firms are the delivery of legal services online, otherwise known as virtual law office services, and remote access at home to your office computer/s. With the advancement of these services life of the lawyer is made easier, money is saved and less time is consumed running around gathering documents and other sensitive clientRead MoreSustainability And Construction Practices : Department Of Civil Engineering1256 Words   |  6 Pageslight, wind, rain water and geothermal heat. As we all know that coal, oil, gas are limited in nature they might run out some day rene wable energy is the best way to restore their position. The way we see solar and wind energy provides electricity without giving rise to carbon dioxide emissions. There are several types of energy sources are being used as renewable energy sources as some of them are solar, wind, biomass, hydrogen, geothermal, ocean, hydropower. SCOPE OF RENEWABLE ENERGY: CurrentlyRead MoreThe Role Of Virtual Teams And Challenges1207 Words   |  5 PagesIntroduction Nowadays, we are currently in the era of advanced information technology, in which people depend on technologies in order to facilitate their life, such as mobile phone, computer or internet. Indeed, innovative technology plays an important role in developing tools for remote and global communication, which help people communicate to each other easier regardless of distance. According to Reiche (2013), as firms incessantly expand their business globally, there are considerable numberRead MoreThe Next Medical Advancement : Artificial Lung Transplant1399 Words   |  6 Pagesdisease. Individuals that suffer with respiratory diseases often need a caretaker to look after them if they cannot do basic things like use the restroom without gasping for air to breath or drive to the store by themselves. The artificial lung allows people to breath normally just like the lungs humans genetically possess. Also, this technology allows people to do everyday things that they could not do before. T he artificial lung is not a pertinent solution but, this gives people the opportunityRead MoreTechnology Has Changed Our Lives1387 Words   |  6 PagesIntro There have been many advances in technology from the creation of the telephones, to flip phones, to smartphones and even the computer; technology has increased our ability to communicate more easily and sufficiently. Although technology has greatly impacted our lives in a positive manner, and has made a way of communication much more easier, it also has negative effects that today have made individuals more lazy by the day. Although we have the answer to almost any question right at our fingertips

Literature Review On Business Intelligence - 2107 Words

Literature Review On Business Intelligence Architecture 1. Introduction: Business Intelligence is a concept or technique which refines the raw data into meaningful information in order to get strategic or business decisions to the organizations. It deals with many concepts like data mining, online analytical processes(OLAP), Data warehousing. The purpose is to upgrade the attribute of inputs, its timely nature to the business decision process. It is used to recognize the capacity available in the business, future conducts in the market place, the approaches and the balance environment in which the organizations collide. Business intelligence relates assembling of data, warehouse, and data management with analytical techniques to get complicate and sufficient knowledge to the business planners and firm makers. [Communications of the association for information systems Article 15(volume13,2004)177-195] Business intelligence deals with mechanisms, Extraction Transformation and Load (ETL) which is designed for modifying and combining the firm precise data, Online Analytical Processing (OLAP) and other relating tools are used to survey relevant data features, Business Performance Management (BPM) which helps to investigate and discover a wide range of performance metrics. Business Intelligence can be enclosed in many company structures like Supply Chain Management (SCM), Enterprise Resource Planning (ERP), to gain competitive edge. [Business Intelligence and Analytics:Show MoreRelatedLiterature Review1352 Words   |  5 Pagesinaccurate harvest of the data. Literature Review - The Literature Review will focus on database management, data mining, and correlation of appropriate data sets within a networked environment. Bardoliwalla, N. (December 1, 2009). The Top 10 Trends for 2010 in Analytics, Business Intelligence, and Performance Management. Enterprise Irregulars. Retrieved from: http://www.enterpriseirregulars.com/5706/the-top-10-trends-for-2010-in-analytics-business-intelligence-and-performance-management/ LaypersonsRead MoreBusiness Analysis : Business Intelligence And Analytics1545 Words   |  7 PagesToday’s business environment is increasingly complex and dynamic and organizations must adapt to these changes in order to remain competitive. As a result, organizations must continually realign their operations to meet these business environment pressures and challenges by being as responsive as possible to both their customers and competitors. One such tool that organizations and businesses can enlist in order to build stronger capabilities, improve performance, undertake better decision makingRead MoreGeneral Intelligence : An Effect On The Development Of An Individual s Intelligence880 Words   |  4 PagesCHAPTER TWO LITERATURE REVIEW David. Wechsler,(1940) mentioned intelligence as an effect rather than a cause and mentioned that general intelligence can’t be adequate but there are other non-intellectual important factors too like, personality, behaviour impact the development of an individual’s intelligence. Inaddition, H.Gardner,(1983) stated two types of personal intelligences interpersonal and intrapersonal. Peter Salovey and John D. 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This dissertation will primarily focus upon the latter internal relationship-based marketing approach and its value for the functional elements of service quality, such as emotional intelligence. For the empirical part of the dissertation the retail banking sector has been chosen. Especially in retail banking, customer service quality is of outstanding importance because of the homogeneity of retail banking products. Also the maintenanceRead MoreLeadership Style And Emotional Intelligence1734 Words   |  7 PagesEmotional Intelligence Many organizations and groups are established each day, but only a few realize their dreams. Although many factors are responsible for the differences in success and failure of organizations, leadership is a prime factor. Leaders play a significant role in determining the success or failure of an organization. Management studies have attempted to understand leadership including defining the skills that a leader requires to become successful. 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China a Development Miracle Free Essays

Abstract This paper focuses on the development of China’s Economy. It discusses the transformations that China experienced to move forward and become the world’s fastest growing economy. China’s development occurred mainly because they began to focus on manufacturing and exporting. We will write a custom essay sample on China a Development Miracle or any similar topic only for you Order Now Growth also occurred due to borrowing technology and the skilled and cheap labor force. INTRODUCTION A Development Miracle China China, officially know as The Peoples Republic of China, is the world’s most populous country with a population of over 1. billion people. The capital of China is Beijing and the president is Hua Jinato. China currently has the world’s fastest developing economy, and it is estimated that from 1978 to 2008 China has grown at a constant rate of approximately 9% a year. In the year 2008, GDP per capita was five times the amount than it was in the year 1978. The People’s Republic of China is also responsible for the most dramatic reduction in poverty, from 53% in the year 1981 to 8% in 2001; about 400 million fewer people are living in extreme poverty(TODARO 2012). This growth miracle has occurred due to the transformation into a market-oriented economy and also as a result of improving their technology. BODY There have been many speculations as to how China has developed at such a rapid rate and also many conclusions. The case of China is one that is very interesting as there is no particular school of thought or specific development policy that is responsible for rapid growth but rather a combination. China is a very good example of how policies that implement trade, markets and globalization are highly beneficial as manufactured exports are China’s primary area of focus. Since the 1980’s when china began its transformation into a market-oriented economy it was a very poor country with a per capita income of US $182 and a trade dependence ratio of 11. 2 %; since then China has mad a dramatic transformation. China now has a per capita GDP of US $3,688 and in the year 2009 China became the world’s second largest economy and also the world’s largest exporter of merchandise (LIN 008). Prior to the 1980’s China’s economy was very traditional; only after the liberalization reforms and cultural counter- revolution in the late 1970’s under Deng Xiaoping we begin to see improvement in China’s economy. Rapid growth began in 1980 due to rural township and village enterprises, which had quasi- cooperative and quasi- municipally, owned ch aracter. China’s ability to reform its economy very rapidly to become more efficient has also been one of the key factors responsible for rapid growth. As the industrial revolution began, the catalyst occurred that transformed China from an agrarian society where over 80% of its labor force worked in traditional agriculture, into a society that focused on nonagricultural sectors and manufacturing (LIN 2010). Investors were first attracted to China as they had cheap labor, with high skills and good work habits for its low-income level. In the beginning the manufacturing sector was mainly labor-intensive but later with the introduction of advanced technology it became more capital- intensive. Since the 1980’s the service sector has dominated and this structural change has been constant. The manufacturing industry is what transformed China, due to external investors. The more producers located in China the greater the benefits for an increasing number of suppliers. Another advantage that China had over other developing nations was the ability to borrow technology. China did not have to invent technology or industries; they simply had to be innovators. The state was able to borrow technology, industries and institutions at low risks and costs from more advanced countries. Due to globalization and technological advance, there were more market incentives. These market incentives increased trade and GDP. Industrial policies that were implemented helped to ensure that exports of increasingly higher skill and technology content. Accompanying this change in the industrial structure was an increase in the scale of production, the required capital and skill, the market scope, and also the risks (LIN 2008). To be efficient the Chinese had to effectively use technology and labor to reduce the transaction costs. Some economist claim that the Chinese quasi-capitalism economic model is much more effective than that of the American Laissez- faire model, due to China’s extraordinary growth. However, a major source of China’s growth comes from an influx of capital and the mobilization of labor (THE ECONOMIST, 2009). As more capital, labor and technology is being added to any economy, there is sure to be growth. China’s economy continues to experience tremendous growth as a result of global consumers and also the worldwide demand for products. CONCLUSION An important question always asked is if whether of not other developing countries can follow China’s footsteps and experience massive growth. Each developing country differs from others but as long as they are capable of borrowing technology from more advanced countries, they will be able to advance their industries and experience growth. As long as resources such as capital, labor and technology are used effectively growth is sure to occur. There are many claims as to why China has seen massive economic growth and development. The main reason for China’s growth is due to its shift from a country focused on agriculture to one that is export-oriented and focused on manufacturing. Another important factor that assisted was the ability to borrow technology from other countries also helped to spark the industrial revolution, which lead to the transformation. China also developed as they had a skilled labor force with very good work habits for its low-income level. What occurred in China is nothing short of a miracle however, as long as the proper policies are implemented at the right time, economic growth and development are sure to occur. References Todaro , P. Smith, C. (2012). Economic Development. Eleventh Edition. Pearson enterprises. New York, city. Lin, J. (2010). China’s Mircale. Retrieved from: http://blogs. worldbank. org/africacan/china Lin, J. (2008). China’s Miracle Demystified. http://siteresources. worldbank. org/DEC/Resources/ChinaMiracleDemystified-Shanghai. pdf The Economist (2009). China’s Growth Miracle. Retrieved from: http://www. economist. com/blogs/freeexchange/2009/05/chinese_growth_miracle Centre for Policy and Development Systems (2012). China’s Growth: Assessing the Implications. How to cite China a Development Miracle, Essay examples

Make Decisions in a Legal Context

Question: Discuss about theMake Decisions in a Legal Context. Answer: Hierarchy of Courts in Australia Hierarchy of Australian court contains various courts and tribunals at territory, state and federal level. The highest authority in the hierarchy is High Court of Australia. Hierarchy of courts in Australia is as follows: How are Industry Codes Prescribed, who Administers them and why do some Industries Prescribe their Codes and Policies? Five compulsory industry codes are given under Competition and Consumer Act 2010, and same is regulated by ACCC. Cited authority has also power to provide guidance to industry concerned towards the development of their own code. Following criteria is use to prescribe an industry code Documentation of a problem, and existing regulation that currently applies in that particular industry Efficacy of any industry self-regulatory measures Added regulatory or governing possibilities Determination of objectives prescribed industry code Cost benefit analysis After prescription of industry code notification is provided by ACCC and draft of Regulation Impact Statement is developed. After review, final Regulation Impact Statement is developed, and regulations related to it are formed, and codes are reviewed by experts. Developed codes are administered by participants of the industry. Reasons due to which some industries prescribe their codes and policies Participants of industry are generally better placed to adapt tailored codes of practice as they are convenient to business conditions and formed by considering circumstances faced by the industry. Developed industry codes will impose lesser compliance costs on business in comparison to regulation developed by the government. These codes are more flexible as it can be amended by participants of industry on the basis of their requirements. Formed codes are liberated from processes and permission of government and parliament. It will not increase costs of regulatory authorities in terms of application, obedience supervision and enforcement of any action In view of that, codes of conduct developed by the industry are usually to be favoured in comparison to industry codes in law. Furthermore, industry will be subjected to intervention by government in a situation of perceptible problem distressing other participants or customers which cannot be resolved by the market. Role of Financial Reporting Financial reporting should be done in accordance with the standards set by AASB. These standards are statutory requirements for businesses which aim at promoting confidence of investors. Financial reporting plays an important role in ensuring whether the companies comply with relevant regulations to reveal the true financial health of a company. Financial statements are also used by the owners and managers to make important decisions of the organisations. On the other hand, employees also need these reports for the purpose of collective bargaining agreements. Importance of Employee Compliance with Legislation and Protection Provided by Legislation to Employees The clearest result of compliance which comes to employees is that it reduces the risk of fines and penalties in the work area. Employee Compliance refers to obeying all the legal laws and regulations made in regards to employees on the manner they work in business. Employees feel more passionate to work in situation where they are appreciated with reward and incentives in a fair manner for their work. It is because, they feel financially secured and motivated towards their work. For this reason, it is significant to comply with the legislations. In business policy regulations related to wages, safety, employee benefits, and discrimination must be complied. It create a positive environment and enhances worker productivity. Safety and security rules help to reduce risk of injuries and accidents which reduce the profitability of a person. If the staffs feel that they are working in a professional and safe environment which is fair to them, they will remain in the organisation for long. Difference Between Duty of Care and Fiduciary Duty Fiduciary duty is a broader concept in the terms that it comprises of two major duties: the duty of loyalty and the duty of care. The duty of care bounds the directors to make business decisions after considering all available information and then act in a responsible manner which supports the company's interests. Directors are required to exercise care in making business decisions in order to fulfil their fiduciary duty. Relevance of Policies and Procedures with regards to Standards and Statutory Reporting A Policy can be considered as high-level strategic decision that formulates a principle-based approach to a subject. It is formulated for directing the purpose of reporting. A Policy is implemented through instruments, such as procedures or supporting documents, which give the necessary guidelines and devise a proper method required to prepare a financial statement. This outlines a hierarchy of Procedures by providing Supporting documents in order to sets out the necessities for each step. All Policies and Procedures are developed and monitored in accordance with the framework of established standards and the requirements of statutory reporting. Role and Importance of ASX in Organisations Risk Management and Governance The role of ASX is to ensure that all the listed companies follow the framework which it has developed for corporate governance and management of risks associated with capital markets. The guidelines provided by ASX have added a high standard of corporate governance in Australia. Corporate governance can be considered dynamic force that keeps developing and plays an important role in estimating the cost of capital in the global capital market. It assists the Australian companies to compete globally and promote investor confidence both in Australia and overseas. However, it is also important to review those practices on a regular basis to ensure that they endure imitating developments on local and international level. It also promotes high standards of transparency regarding the practices of corporate governance of listed entities FSRA and Its Functions The Financial Service Reforms Act was commenced on 11th March 2002 for examining regulatory requirement which applies to the financial service industry. It brings all types of financial services under one guiding framework. The main objective of FSRA is to ensure easy comparison of complex financial products so as the consumers can take appropriate decisions regarding their acquisition. The Act provides a license to all businesses engaged in providing Financial Services to carry on their trade and thereby establishing a code of conduct for them. The Act is regulated and controlled by The Australian Securities and Investment Commission (ASIC).