Monday, February 24, 2020

Health Risks and Benefits of Circumcision Research Paper

Health Risks and Benefits of Circumcision - Research Paper Example The main risk associated with circumcision is primarily credited to the surgical procedure itself. In a study conducted in the University of Washington, the authors were able to establish that out of 130,000 boys who had circumcisions at the Washington state hospital, 287 of them developed complications in relation to the procedure. The most common complications seen were intraoperative bleeding (230 cases) and damage to the penis (52 cases). The authors comment however that these are preventable risks which would still be outweighed by the benefits of circumcision. Most of the complications associated with circumcision are minor and are very much localized. Meatal stenosis is seen in circumcised males and is said to follow intraoperative vascular injury to the frenular vessels. Due to meatal stenosis, there may be a deflection of the urine system or in some cases; dysuria and occult hematuria may also be seen in the circumcised male. Reports of skin bridges forming when separated fo reskin come in contact with each other are sometimes also manifest in circumcised males, and this can cause pain and penile curvature during erection. Before the advent of improved anesthesia options, the neonatal pain experience has been emphasized as one of the main objections against circumcision. The pain experience is known to cause physiological responses, such as increased heart rate, respiratory rate, and serum cortisol level, lower serum oxygen saturation and lower vagal tone.

China's Importance to the Global economy Research Paper

China's Importance to the Global economy - Research Paper Example China is the world's second largest economy if we see by both nominal GDP (Gross Domestic Product) and PPP (Purchasing Power Parity)(New York Post, 2010). It is even the permanent member of UNSC (United Nation Security Council). China has been title as the global super power by a number of academic (Carnegie Endowment for International Peace, 2010) military analyst (Maxwell Air Force Base, Alabama: The Air War College, Air University. p. 33.) and public policy and economics analysts. However, its outputs contribute widely to the world; its demands for raw materials are massive that may poke environmental threat. Despite, China benefiting higher economic growth rate its domestic consumption remain low, as a result higher national saving rate and more overseas investments results. China will move on to become the world’s second largest economic nation in the years to come.    Factors Contributing to China’s Current Status China's rapid growth cannot be term as an accide nt. Behind its success lie the application of right policies from the side of the economic theory and even practically. Decision to Join WTO China's growing economy resulted in a very significant role in global economy. Its decision to be a part of WTO has not only supported its country towards success but also contributed to the worldwide economic development. The practical importance of this success is evident. This year China will probably account for whole of net economic growth worldwide. China's GDP growth would be 8.0% or above. Its economy will grow by 7.9% year-on-year probably in the second quarter and would accelerate. Urban investment rise by 34%, retail sales by 15%. China’s success result explicably because of the normal economic factors. China makes use of series of mutually and interconnected reinforcing policies. Price Control Measures China has very strictly enforced price control measures. It has kept the value of its currency (Yuan) at an artificially low level. Division of Labor Firstly, the economy has a high proportion of exports. Every economist after the great Adam Smith has recognized the vitality of division of labor in acceleration the level of productivity, and division of labor in a modern economy is essentially international. An increasing level of imports and exports are the increasing way of participating in such a division of labor. Economies of Scale The application of division of labor also results in economies of scale for China. The investopedia defines economies of scale as â€Å"The rise in  efficiency of production  as the quantity of goods  being produced accelerates.  Typically, a country that achieves economies of scale benefits from lowering of the average cost per unit through the increase in production units this results fixed costs are shared over an accelerated number of goods.† High Level of Investment Second is China's greater level of investment. Latest econometric research reveal conclu sively that, after division of labor, the largest factor in economic growth results from the rate of increase of fixed investment. This covers not only the developing economy such as China but also even the developed economies. Mr., Dale Jorgenson, the world's leading proficient on the productivity growth notes, "Investment in physical assets is the most essential source of economic growth in G7 nations. The contribution of input capital exceeds that of the total factor

Saturday, February 8, 2020

The Creation of a Trust Which Depicts the Formalities That Are Essay

The Creation of a Trust Which Depicts the Formalities That Are Required In the Dissemination of the Deceased Properties to the Beneficiaries - Essay Example In the paper, John drafts a will and appoints Tessa and Vincent as the trustees of his widow Susan and the two children.   On the death of John Susan accuses the trustees of breaching their mandates, therefore the following advice is going to be very important to determine whether Susan will be able to win the case and granted trust of the properties. It is notable will contained no express power; it simply stated that Tessa and Vincent were to hold the said properties until the opportune moment for them to grant them to the right beneficiaries who are the family. According to Target Holdings Ltd v Redferns, the right of the beneficiary is to have the trust administered in the best way it was intended in conformity with the general law and the trust instruments. Thus, according to law, the beneficiary will always be granted access to the will or deed and the accounts which are linked to the trust. Proper justifications are to be given to any shortcomings which may be pinpointed; ho wever, in this case, it is apparent that the trustees never informed the beneficiaries on the investments they had made. Thus, there is a breach of contract which makes them liable for the loss and any abnormalities which come about. It is evident that the trustees misapplied the money in their hands for their personal use. None of the beneficiaries is really aware of what is going on until when they make the claim and want to have the money for their own use. According to the case of Wallersteiner v Moir, the trustees are liable for any unnecessary delays and circumstantial impacts they may cause the beneficiaries. Susan is thus in the right position to sue the trustees and claim their authority inappropriate in managing the properties and accounts. There is a falsification impression which is created in the whole process. It is sufficient that the trustee is liable to a want of ordinary prudence. By the trustees delegating their duties to the Best Finance Company, they defied thei r obligations entirely. Besides that, there is no clear motive for them to surrender managerial roles of the will to this company which has questionable characters and performances.

Friday, February 7, 2020

Perfomance Management Essay Example | Topics and Well Written Essays - 2000 words

Perfomance Management - Essay Example The mainstream of RBS, the UK banking operations employ a ‘back office’ approach for their operations. Operations when carried on at such a large scale require that the performance levels of these operations are measured with the help of efficient methods, the flow of work is optimized and processes are effectively managed. In the past, companies found it quite difficult to quantify and compare the performances of its systems and assess the effect of application of improvement techniques. The need of acknowledging a common business supporting system that provides the required flexibility, information management and measurement of performances was required. Performance management is one of the most important drives of effective and strategic  HRM  development in any company.  The concept of performance management was initiated in the late 1990’s and has been largely admired and adopted by HR departments across the globe. Performance management has assisted th e companies to understand that the employee talent, motivation, expertise and retention is the main driver of the business growth prospects and profits, (Kaplan, Robert and David Norton, 1996). 2.0 Introduction of Performance Management Systems at RBS The main aim behind introducing a performance management at the RBS was to enhance the efficiency and affectivity of the existing people and process management techniques by employing high quality performance management systems. The Royal Bank of Scotland initiated the performance management system strategy to measure the effect of human capital on its bottom line financial metrics in the year 2000. With the HR executive Greig Aitken at the helm of all the project activities related to successful implementation of performance systems at RBS. The main strategy focused upon the use of PIMMS systems utilizes online software which assists the HR department of the RBS bank to measure the performance of its employees, assess the impact of pe rformance systems on employee performance and business results, and at the same time introduce and implement specific systems as per the requirement of the business. In the same year - 2000, the Royal bank of Scotland introduced a new performance management system with the help of a basic Microsoft Access database at about five of its centers and monitored over 1500 staff employees. The PMS systems which was known as the Productivity Improvement Measurement and Management System proved to be quite a success at RBS and gave considerable advantages to the management in measuring employee performances and processes, (Boris, 2007). However due to its standalone nature, the system could not be applied on a larger scale and expansion of this PIMMS system was rather restricted to the initial 5 sites only. Looking at the vast applicability and usage of the system, the RBS developed the PIMMS systems in a span of 1.5 years and expanded its usage with the help of the company’s intranet system. The system now caters to 15,000 staff employees located on over 85 RBS locations around the globe. 2.1 Advantages of PIMMS to RBS The RBS designed the PIMMS system as a capacity planning and operations management system, which easily allows integrating a number of issues in one system. The new PIMMS system is able to