Importance of Internal and External Factors to Economic Development Essay

Importance of Internal and External Factors to Economic Development - Essay ExampleHowever, the biggest question in the minds of every nonpareil is what has causes varying rates of economic increase in a country. What are the reasons that oblige seen countries such as Japan and China emerge to become among the greatest economies in the world with a memorialise time? Additionally, one would always want to understand whether the involvement of the governing body in the economic process causes speed up economic growth or should the government give the private sector autonomy in determining how they conduct their activities. Additionally, countries do not live in vacuum but have to handicraft with their neighbors and their security may be threatened by the activities of others and at that placefore they have to keep into consideration the external factors in economic development. From the foregoing introduction, it is clear that one cannot argue entirely that the level of economic development in a country is attributable to only inner or external factors. Although interplay of both internal and external factors determines the path of economic development of a country, internal factors are the greatest determinants economic development of a country. The major internal factors that determine the measure of economic development in a country is the type of governance adopted. ... It is undisputable that the leadership of a country determines the level of economic growth that a country is able to achieve. In a country, governments hold much power and are expected to offer leadership in terms of economic and loving developments that take place. Consequently, when a government fails to carry out an analysis of the impacts of its policies, this may spell out the starting point of its failure. The argument that governance really plays a role in determining the pace of economic development in a country is collaborated by Gerschenkron. When assessing economic backwar dness in different countries, Gerschenkron argued that there is a strong correlation between economic underdevelopment and centralized bureaucracy in a country. The type of governance adopted determines the way in which the compulsory capital for industrialization is mobilized and allocated. In a country where the government encourages private to public sector investment, the rate of economic development is expected to become accelerated due to efficiency in resource allocation and monitoring thereby reducing wastage. In such an economy, the government concentrates in development of the right substructure required for development while the private sector provides and invests capital required for industrialization. Countries that promote public-private sector partnership in economy leads to development of free markets that have high productivity and efficiency. In countries where free trade thrives, high productivity is achieved since the owners of such resources closely monitor an d control the production process unlike in countries where the government controls production. Government control in the production process leads to

Entreprenenuship Essay Example | Topics and Well Written Essays - 4000 words

Entreprenenuship - Essay ExampleHowever, the success rate associated with such(prenominal) transmission line models depends on the business scope and strategic effectiveness of an entrepreneur. Specifically mentioning, the UKs domestic market has currently emerged out of an frugal recession. In this regard, it can be predicted about the difficulties faced for the success of the small and medium scale entrepreneurial businesses. Justification to this statement can be provided depending on the fact that within a stabilized economy, the existence of government restrains will be comparatively less and the scope of carrying out the business processes in an appropriate manner will be high (Trading Economics, 2014).Taking consideration of the aforementioned aspects, the discussion focuses towards understanding the significance of growing entrepreneurial business within an sparingally stabilizing nation such as the UK. In this context, different theories are considered with the aim of hav ing a better understanding about entrepreneurial activity in the UK.Based on the higher up graph, it can be analysed that the UK economy has drastically entered into a state of instability betwixt the periods of 2012 and 2013. However, the nation appears to have shown appreciable amount of economic growth between the 3rd quarter of 2013 and the final quarter of 2014. Thus, the nation has made consistent efforts towards attracting the attention of the young entrepreneurs who intended to establish their own business and contribute to the economic wellbeing of the UK. With stability within the economic growth pace, the chances of opportunity for entrepreneurship will be much higher in comparison to that of the necessity of entrepreneurship. Moreover, after the economic recession state, the UK government structure has also projected appreciable amount of flexibility within new business licensing and registration procedures in order to bring into being the overall business establishme nt for new entrepreneurs as

Annotated Bibliography-Sheila-W8 Essay Example | Topics and Well Written Essays - 1250 words

Annotated Bibliography-Sheila-W8 - Essay ExampleIt is important to know how documentation process is established as it provides for easier management.The article is an online publication. The cause establishes that, due to the rise of diseases such as heart failure, which has cause massive deaths, humans still do not change their behavior to control the conditions. It proposes electronic devices that can monitor individuals by internet usage as a way of improving and controlling them as they undergo exercises to reduce the menace. not oftentimes information was available concerning the breeding and neither did it propose for other future research. The literature review was less in depth but offered a emend insight into the study while methods of analysis were by sample surveys of the patients. It is significant that patients change their behavior as it helps health practitioners to manage their health.Kontos, E., Blake, K. D., Chou, W. S., & Prestin, A. (2014). Predictors of eHea lth usage Insights on the digital divide from the health information national trends survey 2012. Journal of Medical Internet Research, 16(7), e172.It is an extensive article that is a JMIR publication. The authors observe that due to development in electronic health technology, health care has improved tremendously especially on vulnerable individuals in the society. The study establishes that factors such as race and ethnicity do not necessary contribute to the electronic health information. But individuals who are less educated find it difficult to accesses the Internet for health information than their counterparts. Not much information was available but proposes for future studies on electronic health literacy. The review was in depth that provided a clear view of the study while methods of research were by case studies. The less literate in the society should embrace technology since it an easier way to manage their health.This is a

Distance Learning Education Research Paper Example | Topics and Well Written Essays - 1750 words

Distance Learning Education - Research Paper ExampleThere has been a recent blowup in the field of education of distance learning but the history of distance learning dates back to as early as 1728, when Caleb Phillips, who was a instructor of Short Hand method, published an advertisement in Boston Gazette to seek students to whom he would send lectures on weekly basis. (Distance Learning 2007).The Pioneers of distance learning relied on postal services in the 19th century to provide educational opportunities to students who were not able to seek education by attending stodgy schools. An Englishman, Isaac Pitman, is regarded has an early pioneer in providing distance education. In 1840s, Isaac Pitman taught Short Hand using correspondence in the Great Britain. The University of London established its never-ending Programme in 1858, and became the worlds premier university to provide the opportunity of attaining distance learning degrees to international and national students. I n the United States, the construct of broad education through satellite colleges was established in the University of Chicago, by William Rainey Harper, who was the Universitys first president. In 1829, William Rainey Harper further promoted education by encouraging the concept of providing school courses through correspondence, an idea that was originally put forward and practiced by Columbia University. In 1911, the Department of Correspondence studies was established in the University of Queensland in Australia. In America, Charles Wedemeyer of the University of Wisconsin-Madison encouraged the use of methods other than the postal service in providing distance education. In the UK, Open universities were established in 1969, which initially provided distance educational courses through radio and television broadcasts and now some of these open universities have attained the status of mega universities. In the United States, Jones International University was established in 1996 and is the first university to provide all its educational services online. The University is accredited by an accrediting association. Today, undergraduate and post graduate distance education is provided by many private and public, as well as by for- profit and non-profit educational institutions. Following the recent explosion in distance learning, national government authorities such as Quality Assurance Agency in UK and Distance Education and Training Council in the US, have been established to provide accreditation to distance education providing institutions. (Lau et al 2000). virtual(prenominal) High School virtual(prenominal) High Schools or online high schools refer to the institutions which provide K-12 courses, in which the instructor and students are not only separated by time but by distance as well. The instructor provides the course by employing various methods such as multiple course management applications, internet, and resources relating to multimedia and video c onferencing. The students communicate and interact with the instructors by using these same methods. (Distance Learning 2004). Types of Online High Schools I. State Sanctioned Online high schools In America, online high schools in fourteen states have been sanctioned by the state government and are designated as the States own virtual high schools. Such as the Florida Virtual School which in terms of enrollments is the largest virtual school and has been providing online educational services since 1997. Since its establishment the institution has been funded by the

Introduction to Organisations and Management Assignment

Introduction to Organisations and Management - Assignment ExampleThe team building effort and travel of both the organisations have been cited by mentioning the important features that played a significant part in those aspects. The management and leadership approach of these companies are explained in detail. The paper also contains the details of organisational glossiness of both the organisations. 2.0 External Environment and Organisational Structure Critical Comment Organisational structure and organisational design assist an organisation to organize the people and task in articulate to meet the goals and objectives of an organisation. Theories The hierarchical structure is pyramid in its form. In the hierarchical structure, president is placed at the top followed by vice president or senior managers and below this level there are a number of management layers and maximum employees are placed at the bottom level of the pyramid. separately of these people has several people re porting to them. The number of people increases at each level down the structure. The jobs in the hierarchical structure are reason by function into various departments in the organisation (Reference for Business, 2011). Source (Tutor 2u, n.d.). Network structure refers to the arrangement of the differentiated elements that can be recognised as the model flows of information in a communication network. The virtual organisation utilises electronic mail in order to share information as intimately as coordinate their work. The use of email permits the workers to maintain their identity without a shared physical setting and facilitates existence of a assort without evident participants (Ahuja & Carley, 2001). line of business The organisational structure of Watsons Engine Components is out of fashion and possesses hierarchical structure. Though hierarchical structure provides advantages in an organisation, Watsons Engine Components faced problem in their organisational structure ou t-of-pocket to various reasons. The communication which took place in each department was not effective and rivalry arose in the organisation as each department took decision based on their own interest rather than the interest of the whole organisation. The increased bureaucracy created an obstruction towards their endeavour of organisational change and while responding to the clients, maximum beat was required. Since there were a numbers of layers in the hierarchy, it entailed the company to increase its cost (Know How, n.d.). H & M Consulting is an organisation with network based organisational structure since a group of people interact by means of interdependent task for the attainment of common goals. The virtual organisation is geographically distributed as the members in the organisation work for common interests and goals. As it is a virtual organisation, it involves high level of informal communication. Due to deficient formal rules, procedures, clear reporting relationsh ips and norms, there is a need of more extensive informal communication (Ahuja & Carley, 2001). External Environment PESTEL Analysis Comment Critically Various factors are present in the external surroundings that influences managers to take decision. The analysis of various factors can be done by using the PESTEL model. Theory The model of PESTEL analysis involves political, economic, social, technological, environment and legal. Political factors denote the

SMEs Entrepreneurship and Ethnic Distinctions Assignment

SMEs Entrepreneurship and Ethnic Distinctions - Assignment ExampleAccording to the research findings, today, exquisite and medium enterprises (SMEs) are the study source economic growth in the countries. According to International finance Corporation, SMEs contribute to 90% of businesses in the world and accounts for approximately 50% of employment. Considering the planetary financial crisis, SMEs are the foundation of creating more jobs and economic growth, particularly in the growth countries. Hence, generating opportunities for SMEs is a major approach to encourage development and diminish poverty. Due to the global financial crisis, most of the emerging markets have constrained the right to use various financial services for SMEs. They are not given the complete entrance to financing as yet, however, the liquidity is brought back to financial institutions, and lending activities are reported to be lower than before. Around 17 million SMEs in developing countries have not me t the credit needs, which is the reason to broaden up the gap. This gap has reached in between $900 billion to $1.1 trillion in the developing markets. International Finance Corporation (IFC) has formulated the policies to foster the SMEs financing across the world so that to encourage business support for such enterprises. The obstacles in the development of SMEs and access to finance are due to the various ethnic groups positioned in the country. The differences between diverse ethnic groups make it more challenging to set policies with reference to SMEs ethnic minority finance. An ethnic minority group is referred to as a business which comprises of owner and managers or large numbers of partners from a specific ethnic group that exists in minority. These are particular non-white people who start their own small business. There are five major ethnic minority communities who start up their small business to the greater extent, include Pakistani, Black Caribbean, Indian, Black Afr ican and Bangladesh.

Internship Experience for an ESL Teacher Essay Example for Free

Internship Experience for an ESL Teacher EssayAs a foreign student with a degree in Informatics and Library and currently pursuing a masters degree at the University of Pennsylvania in braggart(a) and Community Education Program, I fuck off a vision of teaching English as a second language in Saudi Arabia. To this effect, I have been on an internship construe at the Communications Media department at the same university between January and March this year. The main purpose for the internship was to give me an exposure to the kind of environment I convey on find myself working in as an ESL teacher. ESL is a course that is offered to people who wish to learn English as a second language. Thesis bid For my internship, I was attached at the Communication Department at the University of Pennsylvania where my duties included but were but not limited to coordinating activities between students taking English as a Second spoken communication (ESL) and colloquy partners at the t he Statesn Language Institute. Also in the line of my duty was the task of overseeing how the deuce groups have been progressing together.The internship was time well spent and it played a very important role in familiarising me with the graderoom set up at an ESL teaching centre. I withal had the opportunity to learn much active the job and what it entails as well as the kind of ch aloneenges that I may make for in the course of my career. Taking my internship course at University of Pennsylvania was the most convenient choice that I make. The communications Media Department where I was attached is regenerate on the campus and I was therefore qualified to operate from my residence without any hustles of commuting from one place to another.It was also convenient in that I was able to coordinate between my classes at the Adult Community Program centre and the training on the internship. The convenience made life a little to a big(p)er extent comfortable for me because of redu ced costs of transport. The internship kept me in good relations with the law because being in one place helped me avoid any instances of rift immigration rules set for foreign students. The convenience of having all my activities centralised on Campus has played well in helping me to develop my sociable skills.This is because it has been easy to have extra interaction with some of the students when the opportunity allowed and as a teacher, this was very helpful in that I could closely get to know more about the challenges that ESL students face in their social life as foreign students. Since we were all from different social backgrounds, the interaction helped to improve my social relations with others considering the diversity of glossiness represented in the ESL class. A close bond between teacher and student is very important as it helps students to learn better and also helps the teacher to improve their skills.Knowing students a little bit more beyond the classroom set up is very important for teacher-student relations. Interaction with the proffers from the American Language Institute helped me learn more about American society. With these two groups, I was able to share my challenges as a foreign student in America and also listen to theirs and suggest mathematical solutions. This helped learning easier and more interesting for the students. The sole purpose of learning an extra language is to aid the learner in communication easily through the desired language.Despite the fact that I speak the English language, the cause I got from the internship greatly helped to improve my skills in conversing with others. The interaction I had with the students as well as the volunteers in the ESL learning programme exposed me to those who were learning and others who were there to assist in learning. It was a learning experience for me as I was able to improve on my fluency and using correct grammar when conversing in the English language.By identifying th e students challenges in learning to converse in English, I was able to polish my own language especially in using of proper tenses, right statements and remarks. The ESL program brings together people from different pagan backgrounds. Students come here with the aim of learning English that will help them to adapt to their new environment and they are helped through this process by communication partners. Through interaction with this group at the ESL program, I got exposed to a diversity of cultures and it was interesting to get to learn about different cultures and practises of the world.It is interesting to cable how the world can meet in such a small set up as a classroom. This companionship is very important for me in my pursuit of a career in ESL teaching as it will help me adopt to any new culture that I may be exposed to. Objectives were set to enable me achieve the goals of the internship. They were supposed to guide me in carrying out activities that internship period. This would enable me acquire knowledge and skills that are required for one to come an effective ESL students teacher.The experience would give me an opportunity to give my suggestions and ideas in order to improve students teaching techniques and materials. In this essay, there will be a reflection on the meaning of the internship experience for my intellectual development and career planning. The internship experience was necessary in equipping me with new learning. It would offer me knowledge and skills required in future tense teaching work with the language students. Suggestions and ideas that can improve teaching techniques and materials for the students would contribute in achieving my new learning objective lens.Engaging volunteers achieved this in sessions on curriculum and teaching methods, recomm quiting improvements in class handling discussing organizational concerns with volunteers, drafting lesson plans and evaluating them and discussing educational techniques wit h volunteers. My objective to teach volunteers on how to interact with English was achieved by carrying out the following activities directing English lessons in the classroom, engaging the volunteers on curriculum and teaching methods, evaluating their performances and recommending necessary changes in class.The assignments that were offered to the students is a sure evidence that this objective was attained. Creating organizational system to allow educators to organize volunteer schedules and paper work effectively was enhanced by meeting and discussing organizational concerns with the volunteers, organizing schedules to avoid confusion, handling volunteer and class paper work and documentation as well as getting program feedback from the studentCreating lesson plans for the volunteer teachers was achieved by drafting lesson plans for teaching, adapting the teachers according to the class needs, discussing the quality of lesson plans and suggesting their changes, incorporating vol unteer opinions in final lesson plans and finally implementing the lesson plan. I managed to work with the students and volunteers of presentation materials, decided upon educational techniques and ensured students follow guidelines in presentation.This assisted me in acquiring skills in creating presentation materials. As a teacher, I accommodated a certain number of students when my time allowed, graded and encouraged students and disposition the students need. The current challenges and problems in the classroom were discussed with fellow teachers. This in turn, ensured the students were taught as require by the instruction formal program. Additionally, experience at the ESL classes helped me to learn about other methods usedin communicating apart from mouth language. These other methods are important in that as a teacher, knowledge of different methods of communication helps one to assess whether you are communicating fully or as desired by the students. Such methods include bu t are not limited to using parts of the body to record ourselves or gesturing and also the use of facial expressions. It was interesting to learn that a hole of communication can take place through non-verbal methods.At the end of the internship, I had developed a lot of confidence in conversing with students, being able to interact freely and easily with them as well as understanding diverse cultures and the styles they used to converse non-verbally in the different cultures. My internship was even more helpful as a masters student in the Adult Education and Community programme. There was much more to learn from the experience at the ESL classes than I had earlier imagined.Interacting with students and volunteers from different cultures of the world helped me to grow as a person as well as to acquire intellectual improvement. I got exposed to diversity of cultures at very close range, something I had not encountered in the beginning and after such an experience, it becomes easy t o be able to teach English anywhere in the world. This is because of the ability that I have gained to assess student issues anywhere. The ESL students broadly constitute of foreigners who wish to learn English so that they can be able to adapt to their new environments.Such students obviously encounter several challenges in the process of their resettlement and my experience with them enlightened me on ways in which I can be able to evaluate and understand their problems and the approach I can take in helping them to settle such problems. The ESL classes also constitute of people of different ages and as a future adult teacher, the internship has offered me great help in best ways of handling adults at different age categories. It is now easy to identify with their emotions and to know how well to help them jazz with learning.Through this experience, I have realised that my own problems as a foreign student were not unique and that I have a lot to share in common with other forei gners that I shall encounter in the course of my career. I now have a burden to offer as much help as I can to make learning comfortable for foreigners. It made me feel even luckier that I could speak the language myself and made me realise that it was easier for me to adapt to my environment than those that cannot speak the language.Internship enriched me with methods of teaching that can be highly effective such as creating the right atmosphere for free teacher and student interaction and getting the students to give feedback on the way that they are fairing in their learning process. I learnt the essentiality of making the environment conducive for the students as it makes learning easier for them. Students can only learn successfully if several of these factors are pooled together. The internship was a good ground to put into serve what I had learnt from my course work.. getting the chance to utilise my knowledge created a feeling of confidence in me as well as helped me to rec tify and improve on areas that appeared weak. It is now possible for me to be able to come up with new ideas that can be applied in the ESL teaching program. This internship has surely tending(p) me the right exposure for my future career. Teaching at an ESL class is no longer a new encounter for me and I can affirm the fact that it is only through practice that one is able to assess whether you are ripe for a career. The challenges encountered in an ESL program set up are no longer strange to me.The internship has given me good experience in handling adults in a classroom set up and has helped to build confidence in me as an adult teacher. I believe this experience will assist me a great deal in planning and writing my thesis for the course that I am undertaking. fellowship is only useful if it is put into practice. The internship offered me an opportunity to put into practice a lot of knowledge both academic and otherwise and gave me good direction on best ways of detecting, ide ntifying and getting solutions to any challenges that may cross my path in the course of my career as an ESL teacher.By offering my own suggestions and change ideas on how teaching at ESL classes can be improved, my own personal growth in the career is advancing. I now have the confidence to report adults in a learning environment and to be able to identify with their emotions, weaknesses, likes and dislikes and to handle such factors without interfering with the learning process. The students were taken out to become informed with various aspects of the country. Supplementation of students knowledge on English by informally speaking with them aided their learning on the English language.On the other hand, not all objectives were achieved fully. There were several problems and challenges that made the achievement of these objectives difficult. The problems that were experienced included volunteer delayed easy interaction with the students, and volunteers could not identify and un derstand concerns of all students fully. Though it took some time before they interacted easily with the students, they later managed to do it. There were few communication and organization problems that arose but were sorted out with time.It was also a bit difficult to develop lesson plans containing all relevant information for the course at one particular time. This experience assisted me to improve my conversation skills. This was due to the interaction with both the volunteers and the students. During this interaction conversations between me and then assisted me to gain fluency and correct grammar when conversing. The use of correct tenses, remarks and statements in order to pass the necessary language enabled me to identify their needs in their classes. ConclusionInternship has proved to be a very helpful undertaking and I would recommend it to anyone that wishes to develop and pursue a successful career. It offers a good opportunity to learn so much about the pros and cons o f a job. From the experience that I have had at the internship, I believe that I have fewer challenges to face in my future career as an ESL teacher in Saudi Arabia. This is because the internship has prepared me on almost every aspect of human interaction is it personal, social or cultural that I need in my career.The exposure to people from different social backgrounds and different cultures will serve to help me adapt to new cultural backgrounds as it gives the right psychological preparation for such an encounter. The ESL class encounter will help me to adapt in a situation where I may find myself learning a new language. The whole experience was worth the time and effort.ReferencesDolores, La Guardia. , Guth P. H. , (2000). American Voices. Culture and Community. Toronto, Mayfield Publishers.