Case Analysis And Problems With Dementia Nursing Essay

Case Analysis And Problems With Dementia Nursing Essay Dementia is a progressive and irreversible decline in mental function1. Lewy Body Dementia (DLB) is a form of degenerative dementia characterised by the presence of Lewy Bodies which are clumps of alpha-synuclein and ubiquitin protein in neurons2. These are only detectable in post-mortem brain biopsies2. The manifestations of dementia present themselves clinically as progressive cognitive decline which impairs day-to-day social and motor functioning. This central feature of DLB is essential for the initial diagnosis of the disorder and the initial evaluation of a patient with dementia must establish the presence of cognitive impairment and provide a measure of its severity. Three core features which are significant in the diagnosis of DLB and distinguishing it from these other disorders are2: 1.  Ã‚  Ã‚  Fluctuations in both mental cognition and relative levels of attentiveness. The severity and duration of these episodes vary among patients, however, generally, severity increases with time. 2.  Ã‚  Ã‚  Visual Hallucinations characteristically detailed and well-formed; significant in differentiating DLB from Alzheimers disease as they are relatively rare in the latter disorder. 3.  Ã‚  Ã‚  Spontaneous features of Parkinsonism, such as tremors. At least two of these core features must be present to conclude that there is DLB3. Suggestive features of the disorder include rapid eye movement (REM) sleep behaviour disorder, repeated falls and transient loss in consciousness. In the absence of a core clinical feature the presence of one or more of these suggestive features may help in the diagnosis of DLB. The differential diagnosis for DLB is mainly Alzheimers disease, Parkinsons disease or other dementia syndromes. However, in Catherines case the presence of a number of core and suggestive features strongly indicate DLB. In relation to Catherine, there are many indicators present which qualify her for diagnosis with the disease. Not only does she exhibit some of the core features mentioned previously but it is also evident that she is suffering from some of the more suggestive, but equally as debilitating, aspects of the disease. It is evident on examination that Catherine is experiencing fluctuations in cognition as her verbal responses are often difficult to comprehend and are unreliable. These memory lapses, along with aggressive responses, are known symptoms of dementia2. She has had some vivid visual hallucinations previously which may be a mitigating factor in her continuous falls, another suggestive feature of the disorder2. Catherines husband faces many challenges as her primary caregiver. Caregiver burden is defined as the high levels of stress and anxiety associated with the provision of care to another person suffering from some kind of illness4. Catherines husband is likely to suffer from caregiver burden as he is the sole provider of care and his closest source of relief is his daughter who lives some distance away. He faces challenges in communication and in managing Catherines behaviour and struggles with his own physical fitness while also trying to care for his wife. He is likely to suffer emotionally as result of the demands placed upon him as a result of Catherines unwillingness to avail of respite care services. Catherine presents many challenges to the healthcare system in that she is aggressive towards members of staff with whom she is unfamiliar. This impedes upon the quality of her care as nursing staff appreciate her condition but are unable to manage it on an acute ward. The problems with her memory make interactions difficult as she does not remember her surgical treatment and becomes aggressive and agitated at times. It is likely that as the disease progresses these factors will become more serious and incapacitating, leaving her husband with no choice but to admit her to a long-term care facility. Societal Context It is difficult to quantify the prevalence of Dementia in Ireland and in various countries due to variances in how we define and ration dementia and also due to methodological variances in conducting studies5.  However there remain some factors such as age and gender which show consistencies across studies. It has been found that Alzheimers disease is more common in women, and that prevalence of dementia can double with every 5 years of increase in age6. The Alzheimer Society of Ireland (ASI) estimates that there are currently more than 44,000 people suffering from some form of dementia in Ireland7. It is shown that the prevalence is higher in females than males with 20,000 females and 14,000 males found to be suffering in 2002 and the incidence is expected to increase dramatically in the coming years in correspondence with the aging population in Ireland.  By the year 2036 the ASI estimates that there will be over 100,000 people with dementia8.   Studies have shown there are a number of risk factors associated with dementia. Along with age and gender, genetics and BMI have also been linked closely with dementia. One study found that normal-weight women had a greater risk of developing dementia than women with a higher BMI than them9. It has also been found that those with higher BMI  have  a decreased risk of cognitive decline10. Cholesterol levels have also been linked to the cause of dementia in that high levels of high density lipoprotein have been associated with a decreased risk of Alzheimers disease11. There are a number of known support groups in this country for relatives of patients with  dementia7. For example, The Alzheimer Society of Ireland provides  a range of services to people with Alzheimers disease and other forms of dementia. The Carer and Family Support Groups operate throughout Ireland, usually meeting on a monthly basis7. This support network offers a vital opportunity for carers and family members to share experiences, information and practical advice in a supportive environment and would be of significant benefit in Catherines case to provide her husband with an outlet from the constant pressures associated with her disease. The Irish Government does offer some financial support to people suffering from dementia but it appears not to be enough. There are a number of schemes which provide home care to patients, however a  new report  illustrates that Ireland  spends only half the OECD (Organization of Economic Cooperation and Development)  average on dementia services12 despite the fact we rival any other European Country in relation to the growth of dementia. According to the report for every 18,500 euro cut, four people with dementia will  lose  any service provided by the government12. This would be detrimental in Catherines case as she may eventually rely heavily on the government for support. Healthcare Quality and Patient Safety The treatment of Dementia is focused towards specific disease manifestations as there are no definitive treatments available. To effectively treat Dementia, patients and families should be involved as soon as the diagnosis is made. The availability of information, good health services, and support should be provided to help patients and their families to cope with dementia. The behavioural and psychological symptoms of dementia have been a difficult management area for neurologists and psychiatrists alike. The key to proper management is the correct identification of each symptom and the underlying precipitating cause. The proper management is not only rewarding in terms of responsiveness in an otherwise incurable and progressive disease, but also improves the quality of life of the patients and the caregivers. The management of dementia begins with a thorough assessment to search for underlying causes of behavioural changes. Non-pharmacological approaches should be used prior to medication use. These interventions include music, light, changes in level of stimulation and specific behavioural techniques. The type of dementia, individual symptom constellation and the tolerability of the patient will help to determine what medication should be used13. Cholinesterase inhibitors treatment for people with DLB is commonly used in clinical practice, especially for patients that exhibit neuropsychiatric symptoms. The use of antipsychotics for agitation and aggression has shown consistent efficacy and it is the most studied pharmacological intervention14. Pharmacotherapy must be monitored closely for both effectiveness and side effects, with consideration of medication withdrawal when appropriate. Studies show that anti-dementia medicine neither cure, arrest nor delay the onset of the disease, but are helpful in symptom relief14. There is an urgent need to develop more efficacious medications for the treatment of dementia15 as in the long-term we know that a diagnosis of dementia is a sentinel event that signifies progressive loss of independence and increasing demands on caregivers. In this case, the biggest barrier to Catherine receiving adequate healthcare is herself and the uncooperative and aggressive nature of her condition. Her husband and family cannot fully support her needs therefore she needs to be admitted to a long-term care facility. Her wishes to continue living in her own home may prevent her from getting the care she needs. Also, the fact that her husband must make the decision could be considered a barrier as he is unwilling to put her into long-term care, where the stability may help her. Individualised rehabilitation approaches targeting relevant and personally-meaningful aspects of everyday functioning have demonstrated significant benefits in single-case and small-group intervention studies16. Cognitive rehabilitation is a relatively new approach to improving well-being for people with dementia and their families, but at present only preliminary evidence regarding efficacy is available16. However, this preliminary evidence suggests that cognitive rehabilitation does have the potential to bring about changes in behaviour, enhance well-being and maintain involvement in daily life. Psychosocial interventions of this kind can be provided alongside pharmacological treatment, and it is possible that these two approaches can complement one another to optimize benefits for the person with dementia17. There are a great many questions still to be answered, but the existing evidence provides a valuable basis for further development of this approach. Ethical Considerations There are a number of ethical issues to address in Catherines case. As DLB progresses, it gradually renders people incapable of tending to their own needs, thus their decision-making capacity is compromised and caretakers must step in and make decisions for them. Catherine suffers from dementia and requires constant care. In preventing Catherine from independently getting in and out of bed, several ethical issues are involved. Her caretakers can only effectively tend to her and ensure her safety by compromising her right of autonomy for the sake of beneficence18 i.e. doing this for her own well-being in order to provide her with adequate care. Also non-maleficence18 is a factor in this situation i.e. they must ensure she does not get harmed while moving about unsupervised In Ireland, under the Mental Health Act of 2001, certain conditions must be must be met before someone is involuntarily admitted to a long-term care facility19. Fundamentally The patient must be eligible to be involuntarily admitted The Person sending the patient must send in application for the patient That Person must fit certain requirements. After application, a registered medical practitioner must do an examination on the patient and if he/she is satisfied, he/she writes a recommendation for the involuntary admittance of the patient in an approved centre. Catherine definitely fits the requirements of the patient to be involuntarily admitted as she is actually suffering from a mental disorder20 and her caretakers may be considered unfit to take care of her. While her husband wants to respect her wishes he is physically unable to provide the level of care that she needs, even with his daughters weekly assistance. It is obvious that she requires constant monitoring as evident by her repeated falls. Therefore, after a mental health assessment it is likely that she be recommended to live in such a facility with more appropriate care21. Healthcare providers are only able to advise patients and their family members on the best course of treatment and management plan available, suggesting alternatives are still within their boundaries. However, the final choice always resides with the patient and his/her family members22. Disputes which may arise become a tough issue for health care professionals to resolve, as all circumstances need to be taken into consideration before a decision can be reached23. Word Count: 1989 Search Strategy As part of our search strategy we used resources from the library and those online.   We found books and journals in the library useful for sourcing background information about Lewy Body Dementia. Online we used medical search database, Medline and PubMed. We had to tailor our search criteria to suit the particular section of the report we were writing.   To further refine our search findings we used the advanced search and used the limits option. If our search yielded too few findings, we learnt to change our keywords and to broaden our search area. For example when Dementia is searched PubMed reveals 119494 options, however if dementia AND Ireland is searched 404 results are revealed. To further refine this search we used Limits whereby we limited the findings to trials that had links to the free article online, were in English and were conducted on humans. This searched revealed 60 findings. It is also useful to use sources that have been referenced by other authors and we found that once you found one or two good trials, they usually had referenced some other sources that matched your search criteria. This cut down on the searching through irrelevant articles and proved better use of our time.   All in all we found the internet very useful for sourcing our references and in particular we found PubMed and Medline user friendly once we understood how to use them properly.

Criminal Justice vs. Community Justice Essay -- Crime Papers

Criminal Justice vs. Community Justice Crime is defined as an act or omission that the law makes punishable. There are different ways in dealing with crime. One, our current system, is the criminal justice approach. Also known as retributive justice, this system is more offender directed than anything else. The other system, which many people think is better, is the community justice, or restorative approach. The restorative approach is much more victim oriented. There is a debate over which system should be used to deal with crime. The two differ in many ways. One of the areas in which the two differ is the question of whom is the crime a violation of? The criminal justice system believes that crimes are a violation against the state and are punished by the state. On the other hand, the community justice system says that crimes are a violation of the offender, and the community directly affected by it. The focus of criminal justice is retribution. It is focused on the offender and punishing that person for their crime by imprisonment and other punishments. The community justice system is focused on restoration. Community Justice looks to help the victim deal with the violation and try to get back whatever, if any, possessions were lost in the crime. The proceedings, in which a resolution is made, are entirely different between the two. At a criminal justice proceeding, the case is tried by a state prosecutor, in front of a judge and decided by a jury. Other than testifying and possibly a victim impact statement, the victim does not have much say in the case. But in a community justice proceeding it is quite the opposite. All parties involved (which include the offender, the victim, both families, any other p... ... community. Church support groups help offenders who are trying to change there life patterns. One of the major advantages of these programs is that offenders leave the corrections system with greater skills than when they entered into it. As, for being more victim oriented, victims have the chance to shape the obligations the offender has to repair the harm. Also, with the many programs for the victim, including the mediation and government support for victims, they do not feel left out of what goes on after the crime. An argument could last forever on which system is better and why. A better way to look at dealing with crime is to look at it not as this system versus that one , but how can we join the two for a better system. Each has attributes that are necessary , and combining them together would be a good start on the question of how to deal with crime.

Early Childhood Development Essay

The work we do as early childhood educators is self-explanatory we work with children. We are expected to work with young children to communicate with them, play with them, care for their physical needs, teach them, and provide them with a sense of psychological comfort and security. In early childhood care and education we regard all areas of development- social, emotional, intellectual and physical- as important and interconnected. Because young children are vulnerable and dependent on adults for responsive care, we will be responsive care, we will expected to nurture and support all aspects of development. Intentional teaching will be an important part of your preparation to be a teacher. Learning to select appropriate teaching strategies and to practice explaining why you choose them. As a part of the current emphasis on standards you will probably be expected to know what standards are used in your state and your program. Design a curriculum that addresses early learning standards assess what children have learned in terms of standards. Identify how you are meeting standards in your work with families. You may find yourself being a consultant, a social worker, an advocate, a teacher, a reporter, a librarian, a mediator, a translator, a social director, and a postal carrier. Your job will be varied, engaging, and challenging. An important feature of the role that early childhood educator is working collaboratively with other adults. You have to figure out what qualities make you a good teacher of young children. Personal characteristics temperament, multiple intelligences are examples of personal values. Teachers need personal values and morality, and good attitude towards diversity. You need the impact of life experiences and the ability to reflect on them. Teachers are those of specialized knowledge and skills. Being a teacher requires have professional commitment and behavior. They have legal responsibilities to adhere to professional values and ethics. My educational requirements include a BA degree and elementary teacher certification, specialized training my include training in early childhood education. Licensure varies by state. A job becomes a calling when the purpose is important.

History of LEGO -- Everyones Favorite Building Blocks

History of LEGO Everyone's Favorite Building Blocks The small, colorful bricks that encourage a childs imagination with their multitude of building possibilities have spawned two movies and Legoland theme parks. But more than that, these simple building blocks keep children as young as 5 engaged in creating castles, towns and space stations and anything else their creative minds can think of. This is the epitome of the educational toy wrapped up in fun. These attributes have made LEGO an icon in the toy world. Beginnings The company that makes these famous interlocking bricks started as a small shop in Billund, Denmark. The company was established in 1932 by master carpenter Ole Kirk Christiansen, who was aided by his 12-year-old son Godtfred Kirk Christiansen. It made wooden toys, stepladders, and ironing boards. It wasnt until two years later that the business took the name of LEGO, which came from the Danish words LEg GOdt, meaning play well. Over the next several years, the company grew exponentially. From just a handful of employees in the early years, LEGO had grown to 50 employees by 1948. The product line had grown as well, with the addition of a LEGO duck, clothes hangers, a Numskull Jack on the goat, a plastic ball for babies and some wooden blocks. In 1947, the company made a huge purchase that was to transform the company and make it world-famous and a household name. In that year, LEGO bought a plastic injection-molding machine, which could mass produce plastic toys. By 1949, LEGO was using this machine to produce about 200 different kinds of toys, which included automatic binding bricks, a plastic fish and a plastic sailor. The automatic binding bricks were the predecessors of the LEGO toys of today. Birth of the LEGO Brick In 1953, the automatic binding bricks were renamed LEGO bricks. In 1957, the interlocking principle of LEGO bricks was born, and in 1958, the stud-and-coupling system was patented, which adds significant stability to built pieces. And this  transformed them into the LEGO bricks we know today. Also in 1958, Ole Kirk Christiansen passed away and his son Godtfred became head of the LEGO company. By the early 1960s, LEGO had gone international, with sales in Sweden, Switzerland, the United Kingdom, France, Belgium, Germany, and Lebanon. Over the next decade, LEGO toys were available in more countries, and they came to the United States in 1973. LEGO Sets In 1964, for the first time, consumers could buy LEGO sets, which included all the parts and instructions to build a particular model. In 1969, the DUPLO series, bigger blocks for smaller hands, was introduced for the 5-and-under set. LEGO later introduced themed lines of LEGO. They include town (1978), castle (1978), space (1979), pirates (1989), Western (1996), Star Wars (1999) and Harry Potter (2001). Figures with movable arms and legs were introduced in 1978. By 2015, LEGO toys were sold in more than 140 countries. Since the middle of the 20th century, these small plastic bricks have sparked the imagination of children around the world, and LEGO sets have a strong hold on their place at the top of the list of the worlds most popular toys.

Composing With an Implied Audience in Mind

Composing With an Implied Audience in Mind Definition The term implied audience applies to readers or listeners imagined by a writer or speaker before and during the composition of a text. Also known as a  textual audience, an implied reader, an implied auditor, and a fictional audience. According to Chaim Perelman and L. Olbrechts-Tyteca in Rhetorique et Philosophie (1952), the writer predicts this audiences probable response to and understanding of a text. Related to the concept of implied audience is the second persona. See Examples and Observations below. See also: AudienceAudience Analysis  and  Audience Analysis ChecklistAdaptationEssayImplied AuthorNew RhetoricPersonaReading Examples and Observations Just as the speaker need not be, and usually is not, identical with the author, so the implied audience is an element of the poem itself and does not necessarily coincide with a given chance reader.(Rebecca Price Parkin, Alexander Popes Use of the Implied Dramatic Speaker. College English, 1949)Just as we distinguish between a real rhetor and rhetorical persona, we also can distinguish between a real audience and an implied audience. The implied audience (like the rhetorical persona) is fictive because it is created by the text and exists only inside the symbolic world of the text.(Ann M. Gill and Karen Whedbee, Rhetoric. Discourse as Structure and Process, ed. by Teun A. van Dijk. Sage, 1997)[T]exts not only address concrete, historically situated audiences; they sometimes issue invitations or solicitations for auditors and/or readers to adopt a certain perspective for reading or listening. . . . Jasinksi (1992) described how The Federalist Papers constructed a vision of an impartia l and candid audience that contained specific prescriptions for how the real audience should evaluate the arguments being addressed during the constitutional ratification debate.(James Jasinski, Sourcebook on Rhetoric. Sage, 2001) Every reading of an argument yields an implied audience, and by this, I mean the audience on whom the claim is understood to be made and in terms of which the argumentation is supposed to develop. In a charitable reading, this implied audience is also the audience for whom the argument is persuasive, the audience which allows itself to be influenced by reasoning.(James Crosswhite, The Rhetoric of Reason: Writing and the Attractions of Argument. University of Wisconsin Press, 1996)Readers and Mock ReadersI am arguing . . . that there are two readers distinguishable in every literary experience. First, there is the real individual upon whose crossed knee rests the open volume, and whose personality is as complex and ultimately inexpressible as any dead poets. Second, there is the fictitious readerI shall call him the mock reader whose mask and costume the individual takes on in order to experience the language. The mock reader is an artifact, controlled, simplified, abstracted out of t he chaos of day-to-day sensation.The mock reader can probably be identified most obviously in subliterary genres crudely committed to persuasions, such as advertising and propaganda. We resist the blandishments of the copywriter just in so far as we refuse to become the mock reader his language invites us to become. Recognition of a violent disparity between ourself as mock reader and ourself as real person acting in a real world is the process by which we keep our money in our pockets. Does your toupee collect moths? asks the toupee manufacturer, and we answer, Certainly not! My hairs my own. Youre not talking to me, old boy; Im wise to you. Of course, we are not always so wise.(Walker Gibson, Authors, Speakers, Readers, and Mock Readers. College English, February 1950) Real and Implied ReadersIn Wayne Booths terms, the implied author of a text is the creator of an implied reader. But one does not need to agree with Booths conclusion that the most successful reading is the one in which the created selves, author, and reader, can find complete agreement (Rhetoric of Fiction). On the contrary, the pleasure of the text may arise from the readers refusal to play the role sketched out by the implied author. Viewed in this way, the rhetorical drama of the essay resides in the conflict between the conceptions of self and world that the reader brings to a text and the conceptions that the persona attempts to arouse.(Richard Nordquist, Voices of the Modern Essay. University of Georgia, 1991)

Essay Nespresso SA

Essay Nespresso SA Essay Nespresso SA Essay Nespresso SANespresso SA  is one of the most successful brands renowned for its coffee machines manufactured and supplied internationally. However, in spite of the tremendous success of the brand in the late 1980s – early 1990s, the brand has faced a considerable downturn in its development. At this point, the introduction of technological innovations has played the key part in both the rise and downturn of the brand. To put it more precisely, Nespresso became one of the first companies introducing coffee machines for household use. In addition, the company conducted aggressive international market expansion policy to expand its global market share. However, since the mid-1990s, the company has faced the steady decline of its brand because of the lack of innovations and by the early 2010s, the brand apparently needs the revival because its rivals have already started to outpace the company and push it out of the traditional markets, where the position of Nespresso was traditionally strong.History of the brandNespresso  SA, a Nestlà © Group company was founded in 1986 being inspired by Luiggi Bezzera’s original espresso coffee concept, it developed a revolutionary system of portioned, encapsulated coffee and dedicated machines that interacted to deliver perfect coffee (Nespresso, 2014). The company offered the technology that had four initial coffee varieties including Capriccio, Cosi, Decaffeinato  and  Bolero  (now known as  Volluto), and the first two machines offered (the C100 and C1100) were designed to resemble mini espresso machines. The target markets of the company mirrored the concept of the coffee machine created by the company which was first tested and launched in the office coffee sectors of Switzerland, Japan and Italy as the major target markets for Nespresso.Another important stage in the development of the company was 1989, when The  Nespresso  system was introduced in the Swiss household market with Turmix as machine partner. The company offered the new product offering the coffee making service to customers, who used the new product. The  Nespresso  Club was created to offer a range of exclusive and personalised customer services (Nespresso, 2014). At this point, it is important to place emphasis on the fact that the personalised approach to each customer has become a distinctive feature of the Nespresso  brand since that time on (Nespresso, 2014). Moreover, it was during the late 1980s the company has grown particularly concerned with the brand image and branding of the company and its products. In terms of the new branding policy, the first  Nespresso  consumer mailing was introduced with a member-get-member offer (Nespresso, 2014). The growth of the company at this stage was entirely consumer driven that revealed the importance of customers for the company and its branding strategy.The next stage in the development of Nespresso brand was 1991, when the first  Nespresso   capsule recycling program was introduced in Switzerland with 34 collection points (Nespresso, 2014). At this stage, the company chose a different coffee machine production strategy. While  Nespresso  developed its own machines, Eugster became their exclusive producer (Nespresso, 2014). At this stage, the company had started the new marketing policy using the full potential of its coffee machines as a successful marketing product.  Nespresso  was introduced in the household sectors of France and the United States to mark the first major expansion of the company in international markets. The US as well as French market became the major markets for Nespresso by that time. Furthermore, the distinctive marketing depicting  Nespresso as the ultimate coffee experience played a key role in inspiring the brand’s development. In such a way, the brand expansion involved the strategy of entering new markets to make Nespresso the global leader among coffee machines manufactu rers.The next year the company expanded its services introducing chocolate squares which were introduced as an accessory. The next year,  Toscana  (now  Arpeggio) became the sixth  Nespresso  coffee variety after Roma (Nespresso, 2014). The second line was installed at the Nestlà © factory in Orbe to double capsule production capacity and meet demand (Nespresso, 2014). The company attempted to use the diversification of its products and services to attract more customers. However, at this stage the company has started to ignore technological innovations and its brand image as an innovative company offering exclusive products has started to decline, especially during the late 1990s – early 2000s (Newel, 2011). Today, the brand needs revival and the company should consider the introduction of the new product, the new Nespresso Coffee Machine designed as a tap built into any tabletop and controlled by smart phones (Pine Gilmore, 2009). The introduction of the new pro duct will contribute to the revival of the brand that has been in decline since the mid-1990s because the new product will match the overall progress of the technology and new opportunities the technologies offer to consumers (Masterson Picton, 2004).The advertising and/or other agencies involved in developing the brand communicationsRecently the company has contracted Deep Focus to promote its brand and conduct the promotional campaign of its new products. In this regard, the Deep Focus is the good choice for the promotion of the new Nespresso Coffee machine because this advertising agency focuses on the use of the full potential of social media and use of the contemporary telecommunication systems and mass media to reach the target customer group of the company (Mohrman, 2008). As the company targets at the younger customer group, the Deep Focus should focus on this group and promote the new Nespresso coffee machine to make them buying the new coffee machine which is the innovati ve product in the market so far.The current marketing materialThe current marketing material allows the company to create the new product. On the one hand, Nespresso has well-developed technology of the production of the high quality coffee machines which the company may use as the basis for the design and creation of the new coffee machine (Volti, 2005). On the other hand, the development of the contemporary electronics, information technologies and telecommunication systems allows the company to maintain the communication between users’ smartphones and virtually any other device equipped with the up-to-date technologies. In such a way, at the moment, Nespresso just has to combine the available technologies and the existing coffee machines which the company keeps manufacturing en mass. The combination of existing coffee machines of the company along with new technologies that allow maintaining the interaction between the coffee machine and smartphones of customers.Essay Nesp resso SA part 2

Dubai Financial Market Essay Example | Topics and Well Written Essays - 1250 words

Dubai Financial Market - Essay Example The study has been initiated with a brief introduction on DFM and its establishment. This will assist the readers to know about certain interesting facts of DFM in relation to its establishment, and the stock performance on DFM in the last five years. The second part of the study is dedicated to its operations, which includes the strategies objective and organizational structure of the organization, the elements which play significant role in DFM, and types of securities that are traded in DFM. DFM aims to offer its investors a world-class financial market for securities and other financial asset trading. DFM is a fully automated secondary market or Bourse, which offers trading of shares, bonds, and sukuk, through only accredited brokers. The business framework is well connected through 3000 peripherals, which makes trading easier, safe, and effective. OPERATIONS Bourse Bourse is a place where these securities are purchased and sold. Traditionally the name Bourse was given after the name of a Belgian town which was known as Brouge. Bourse was the name of the owner of the hotel where the merchants met. Soon this name was inscribed on top of the financial markets where trading of securities was done. Bourse is the secondary market where securities are re-traded. DFM is also a Bourse, where securities are re-traded (sold or purchase through accredited brokers). Strategic Objectives and Organizational Structure The aim of DFM is to focus on the strategies to branch out their revenue streams and also develop ways to supply various innovative products or services. This would increase the activity of the members, markets and participants, that will assist in increasing the shareholders value and will lead to strategic growth and development, as Figure 2... This researcher of this essay focuses towards a precise discussion on Dubai Financial Market, which involves an analysis of the performance of Dubai Financial Market, its operations, securities that are traded in the market, and its financial performance. This essay discusses the Dubai Financial Market (DFM), that was founded as a sovereign corporate body, by the Ministry of Economy. It operated like a secondary market that traded securities issued by different public companies, units of diverse investment funds, bonds that were issued by local, and Federal government, and also public institutions. Dubai Financial Market started its operations since March 2000. As it was stated by Executive Council, DFM was set as a Public Joint Stock Company, in United Arab Emirates. The paid up capital for Dubai Financial Market was ascertained to be AED 8 billion, that was used to allocate around 8 billion shares. It was also decided that around 20 percent of shares would be offered for the public subscription. Trading on DFM started in March 2007. Dubai Financial Market was created with the vision of creating a world class marketplace in the Gulf region. The products of DFM discussed in the essay are segregated into two types, that are traded securities also known as shares, and debt securities, namely Islamic Sukuk and Bonds. The researcher then concluds that the DFM organization succeed because it was built on five key principles, namely: transparency, integrity, confidentiality, innovation and efficiency.