College Development Essay Example for Free

College Development Essay Residential life is part of almost every college or university. When most people think about residential life, they think of dorms and roommates; however, residential life is much more. The organizations are mostly divided into three units that make it all work: residence life programs, housing operations, and room assignments. (College and university,) Residence life is one of the major parts of a student’s environment. They only spend about twenty percent of their time in classrooms, as they spend most of their free time in housing. Residential life helps students to develop as young adults and future leaders. â€Å"The purpose of residence life programs is to provide educational programming, nonclinical counseling, and support for student learning†. (College and university,) People who are employed in residential programs mostly focus on improving student life and its safety, which helps to develop communication skills among people and also increase personal growth among student peers. The second unit of resident life is housing operations; they deal with daily tasks such as cleanliness, construction, and management. In a residential setting, is important to keep the environment clean and the buildings running properly in order for the community to work. The last unit of residential life is room assignments, in which finding the best-fit roommate is the most important. This area of residential life is designated to make room changes and monitor the occupancy of other housings. If there is a situation where problem occurs among roommates, the roommate assignment staff tries to find the best solution to find a resolution. Although it is often not realized, Residential Life is a big part of student life as it is a major factor in shaping a student’s experience in the institution. To ensure that residential life is at its best, the institution hires educated and professional staff. Almost every floor in each dorm has a residential assistant, who is responsible for maintaining a positive environment and be there for students if they are having a hard time adjusting. Residential assistants also welcome the students back to their dorms and inform students about upcoming activities and clubs. At the beginning of the school year, the RA creates a Facebook page for the people that they are responsible for and have group meetings to discuss issues and regulations. This helps new students feel welcome in their dorm and creates an environment where students can interact with other people in their dorms. Most dorms also have residence directors or graduate assistance. â€Å"Their responsibilities usually include staff development of their RAs, student counseling, educational programming, enforcement of institutional policies in the residence halls, and may also include other functions such as academic advising, intramural sports adviser, and facilities management†. (â€Å"College and university,) If the RA cannot deal with a problem, they report to residence director or graduate assistance, depending on who is available to their building. The staff goes through training to make sure that every need of a student is met. â€Å"There is a strong need for well-qualified, educated, and trained entry-lever live-in professional staff in campus residence halls to support and achieve the academic and educational goals of the institution† (Belch, Wilson Dunkel). It is important for students to be engaged and connected to school spirit, as it is more likely that they will remain in that institution. (Brooks). Each institution wants to give the best experience and education possible to their students. The person that oversees the Residential Assistants, Residential Directors, and Graduate Assistances is the Assistant Director of Residential Life. Keyne Cahoon is the Assistant Director of residential Life at Northeastern University and has many tasks during the day that keep her busy: â€Å"My primary responsibility is to directly supervise 5, 2 GAs, and indirectly supervise approximately 50 RAs. Additionally, I am responsible for the overall administration of the residential student conduct process (so I work with OSCCR to review and assign cases where residential student are involved), I am in charge of the professional staff recruitment and selection process (so I recruit and coordinate the process to hire all RDs and Assistant Directors of Residential Life), and I serve as a core team member of We Care†. (Cahoon, 2013) Being an Assistant Director of Residential Life is more than just dealing with housing situations. It involves a lot of communication among co-workers, documentations, and solving sometimes-unrealistic problems. Keyne Cahoon enjoys this challenge: â€Å"I enjoy students’ energy and excitement. I enjoy helping them figure out a problem and helping them solve it themselves†. (Cahoon, 2013) She is really involved in the community and enjoys every second of it. She finds her job very interesting and her passion makes her job a hobby. The only person who oversees her work is Brie McCormick, the Associate Director of Residential Life. She supervises the Assistant Director of Residential Life and deals with a lot of day-to-day issues for the department as a whole. The Associate Dean of Cultural, Residential Spiritual Life of Northeastern University is Robert Jose. He represents the Residential life as a whole unit. The theories that Residential Life uses are theories of organizations and campus environments, typology theories and models, and student success theories. All of these theories have the main focus to improve on student life outside of the classroom. Residential Life aims to provide complex learning by giving students the opportunities to make friends, be part of a groups or a clubs, play a sports, and much more. Living in dorms teaches them how to deal with every day situations in classrooms or outside. Students will be able to be â€Å"able to apply acquired knowledge to everyday situations, able to communicate clearly and effectively, acts responsibly to others, is civic minded, understands and appreciates those of other nationalities and cultures, is self-aware, and has a sense of connectedness to the university†. (Brooks) Living in the dorms helps students prepare for life after college or university and enables them to apply the things they have learned to a variety of situations. References Belch, H. A. , Wilson, M. E. , Dunkel, N. (n. d. ). Cultures of success:recruiting and retaining new live-in residence life professionals. The College Student Affairs Journal, 27(2), 176-193. Brooks, S. E. (n. d. ). The connection between residence life and first-year student retention at the university of Pittsburgh. The Journal of College and University Student Housing, 37(1), 12-23. College and university residence halls purpose of residence halls, organization and administration, residence hall staffing, residence hall student government read more: College and university residence halls purpose of residence halls, organization and administration, residence hall staffing, residence hall student government. (n. d. ). Retrieved from.

The Postal Acceptance Rule Essay -- Business Law

Contractual agreement has always been viewed in terms of offer and acceptance. The universal principle to contract law has always been parties may get into an agreement in whichever way they deem fit and they are subject to certain terms as they choose. As far as legal requirements vital to their formation are binding contracts may be formed. Moreover a binding agreement may be manifested in terms of writing or in verbal form. One of the controversial issues in the law of contract formation has always been the issue of distance contracts. Matters regarding to the types of rules that should be used to govern this type of contracts have always been a topic of debate. One of these rules includes the age old Postal acceptance rule also known as the â€Å"postal rule† or the â€Å"Mailbox rule†. This paper seeks to examine the justification of the postal acceptance rule and its place in the modern world with the emergence of electronic means of communication Background Postal acceptance rule dates back in 1818 when it was established in a court case of (adam v lindsell) In this case the code had to reach a verdict on the moment of contract formation by post. Apparently the courts found out that the parties communicating acceptance through post office were never certain at the exact time the acceptance had been sent. Since postal communication is subject to delay, the involved parties could never be simultaneously aware of the acceptance of the communication, that is, the communication was non instantaneous. As a result this created a series of problems that in turn led to the formation of the postal acceptance rule that still is in so much use today The postal acceptance rule The postal acceptance rule as accepted in the law legal systems... ... Journal (1997): 13. poggi, chrisopher T. "Electronic commerce legislation :An analysis of European and American approaches to contract formation." Virginia journal of international (n.d.). rule", The electronic formation of contracts and the common law: "mailbox. baylor law review. 8 april 2004. scott, Dave. Should the postal acceptance rule be applied t email. 8 april 2012 . T, Poggi and Christopher. "Electronic Commerce Legislation: An analysis of European and American Approaches to Contract Formation." Virginia Journal OF International Law (2000): 224. watnick, valerie. THE ELECTRONIC FORMATION OF CONTRACTS AND THECOMMON LAW "mailbox rule". 6 november 2004. Yamaguchi, mikio. "The problem of delay in the Contract formation Process: A comparative study of contract law' ." cornell international law (2004): 357.

Public Relation Core Values Essay

Public Relations Society of America (PRSA) has extremely important core ethical values that include advocacy, honesty, expertise, independence, loyalty, and fairness. All of which will help further a public relations practitioner in their career. Every practitioner handles every job differently, in a way thats going to benefit both the company they are working for as well as the public. Honesty should be the most important core value for every practitioner. Not only should it be the most important core value in the work field, it should also be the most important core value in everyones life as well. On the other hand, practitioners tend to ignore their core values while working. One of the biggest values they tend to ignore or overlook is fairness. Mark Twain once said, â€Å"Honesty is the best policy; when there is money in it. This quote should be every public relations practitioner motto because being honest will always lead you to conducting better business with clients. Clients want honest individuals working for them because the company expects the practitioner to represent the company in a way thats going to gain the publics trust. When the public has your trust, they are going to shop at your company rather than one who puts out false advertisement and has a poor look in the publics eyes. Not only does the quotes speak for itself, but honesty is simply the best way to conduct business. Some practitioners try their hardest to provide equally fair service to every client. Fairness is a core value that all practitioners respect but is hard to do at times. When dealing with clients, employers, peers,vendors, competitors, and most important the public, its hard to keep everyone happy. Lets say a practitioner is dealing directly with a company for the release of a new product. The company producing the item may not want competitors knowing about it so they can keep the technological edge on its competitors but also at the same time they want the public to hear about what’s new. Since they manage what information the public hears, its essential what they say. No matter what they say or don’t say, someones always going to want more. With that being said, someone’s not going to be happy. Life in general isn’t always fair, so when faced with a situation that can cause grey areas with others, do what you ethically think is the right thing.

The Theory And Practice Of Risk Management Finance Essay - Free Essay Example

Sample details Pages: 4 Words: 1141 Downloads: 9 Date added: 2017/06/26 Category Finance Essay Type Argumentative essay Did you like this example? Since the 1970s, world business transactions have experienced and contributed to diverse sources of financial uncertainty or risk (see, Dowd, 2005; Holton, 2003; Jorion, 2006; Tardivo, 2002a). Financial risk or risk created through financial transactions can be associated with value reduction. This reduction is due to market factors disequilibrium such as equity prices devaluation, interest or exchange rate fluctuations. Lately, in the competitive business environment, it has been discovered that firms have to face several financial risks namely market, credit, liquidity, operational and legal risks. The uncertainty scenario undoubtedly has had an impact on the volatility level of the financial market, thus influencing the return of an investment. Reflected in various dimensions such as the stock market, exchange rate, interest rate and commodity market, a volatile environment exposes firms to greater financial risk levels. Volatility that creates new dimension of business and systematic risk then forces firms to amend congruently their operational structure to accommodate changes in the environment. These conditions motivate firms to find new and better ways to manage risk, specifically in the case reported by Dowd (1999a) where investors were exposed to multiple problems of market risk. Although risk cannot be totally eliminated, Fong and Vasicek (1997) stress that its effect, particularly on investment losses, can be minimized thoroughly when one understands and manages it according to an effective risk measurement methodology. Ironically, the tremendous evolution in risk management practices coupled with innovation of financial engineering instruments have several distinctive effects, depending on the nature of business (Basle Committee, 1994; Dowd, 2005; Fong Vasicek, 1997; Gastineau, 1993; Holton, 2003; Ibrahim, 1994). As indicated by several observers such as Brooks and Persand (2002) and Rahl and Lee (2000), viewing different kinds of business and investment portfolios based on an effective risk measurement tool is crucial in order to maximize returns and minimize risk. Thus by combining fundamental and analytical techniques to create new risk evaluation approaches, the process will be in a much better form to prevent larger financial losses. JP Morgan (1996) highlighted that the absence of a common point of reference for market risks makes it difficult to compare different approaches towards the measurement of market risks. The growing need for better empirical investigations to evaluate alternative measures of risk, says Brachinger (2002), realistically depends on whether the objective is to forecast choices under uncertainty or to provide superior predictors of introspective judgements about the risks being perceived. Along with the urgent needs of financial institutions to devise suitable mechanisms of risk management, the quantification of risk may avoid inappropriate policy decisions which can affe ct stakeholders. As noted by Nath and Reddy (2003), should the underlying risk not be properly estimated, it will lead firms to a lower profit level and jeopardize the financial stability condition, since less optimum capital is allocated throughout the organization. The theory and practice of risk management have developed extensively since the pioneering study of Markowitz (1952) who presented portfolio risk as the dispersion of standard deviation around the average return or mean. This modern investment theory, as portrayed in the well-known Portfolio Selection: Efficient Diversification of Investment, assists market users to incorporate results of wealth distribution according to an assets class and the best investment position. Following Markowitz (1952), risk of a security was later portrayed by Sharpe (1963, 1964) as its covariance with respect to the general market index or Beta. From there, the measurement and evaluation have since evolved to handle a portfolios market r isk. Although the trade-off between risk and return is well recognized (higher returns can only be obtained at the expense of higher risk), JP Morgan (1996) points out that the risk measurement component of the analysis has not received broad attention. Within the same perspective, JP Morgan (1996) also reports that the exclusive attention on the role of return, however, has led to incomplete performance analysis. They conclude that the return measurement gives no indication of the cost in terms of risk. By the early 1990s, Value-at-Risk (henceforth VaR) had gained immense popularity and had become an integral risk management tool and a standard to monitor and control a firms risk exposures. By definition, VaR summarizes the worst expected loss that an institution could suffer over a target horizon under normal market conditions at a given confidence level (Butler, 1999; Dowd, 2005; Jorion, 1997, 2006). Cassidy and Gizycki (1997) conversely termed VaR as the earnings-at-risk o r a potential loss amount. The main reason underlying its popularity lies in its simplicity of providing a single statistical figure summary of possible potential losses within a given time horizon. Since the introduction of the simplest VaR models, a range of approaches to calculate VaR has expanded from two important perspectives; number and complexity. Without doubt it is likely that VaR will become even more widely adopted over time (considering the views of academia and practical interest), since it is thought that such an approach may signal inefficiency in capital charges. Although Dowd (1998) reports that VaR enables firms to get a better sense of the overall risk and serves as a determinant of capital adequacy, the VaR methodology is not without criticism, one of which is that VaR may underestimate risk over simplified assumptions of normally distributed returns and constant variance. This is the case when ample empirical evidence has shown that rates of return distribut ions of financial time series exhibit fat tails, skewed to the left or peaked around the mode (Bali Gokcan, 2003; Glasserman, Heidelberger, Shahabuddin, 2000b; Zangari, 1996) and that volatility is time-dependent or better known as volatility clustering (Mandelbrot, 1963). Triggered by these circumstances, several related non-normal issues and consequences have been identified. From a regional perspective, an earlier survey by Murphy and Quinn (1993) observed that risk management practices by most Asian companies are underutilized. Both authors reported many companies either do not have any authorized risk management department/unit/staff or they lacked of precautionary actions to face instability in the business environment. Such act will definitely increase a firms risk and should be an encouragement to market users to pay extra attention to financial risk management aspect. In particular, since the 1980s the Malaysian economy has experienced several phases of growth and rece ssion situations. Until June 1997, Malaysia grew prosperously with Gross National Product increasing at an average value of eight percent each year for eight consecutive years. But it was not long after mid 1997 that South East Asian countries were hit by currency crises which were led by misallocation of funds and overinvestment of capital (Dean, 1998, 2000). With extensive capital control, inclusive of pegging the Malaysian Ringgit to the US Dollar, Malaysia witnessed a better environment compared to its neighbouring countries, starting from the year 2000. As a result of a competitive market leading to higher risk exposure, professionals have turned their attention to search for a tool to measure VaR bounds with a specific distribution assumption without simultaneously over or underestimating it. Some of the current issues in VaR measures which motivate this research are explained in the following section. Don’t waste time! Our writers will create an original "The Theory And Practice Of Risk Management Finance Essay" essay for you Create order