Saturday, January 25, 2020
Limitation of GDP as a Measure of Economic Welfare
Limitation of GDP as a Measure of Economic Welfare Introduction There are various different indicators used by the economists to measure the development of the economy and GDP should be the one most commonly used in practice. It could reflect the quantitative changes of the economic development, but its qualities. The limitation of GDP in this area prevents it from measuring the economic welfare people get. This essay will discuss how GDP is calculated and the limitations of GDP in measuring the economic welfare. There will be also the introduction of the replacements of GDP which are developed to measure the economic welfare. The Concept of Gross Domestic Products (GDP) and Its Calculation GDP is the abbreviation of gross domestic product. It refers to the market value of all the final goods and services produced by one country or region with the production factors in one year or in certain period of time (Gutierrez et al., 2007). It was first developed by the economist Simon Kuznets in the 1930s and has been gradually used by the governments of various countries to measure the total value of the output of the economy after the Second World War. Since then, GDP has been the indicator for the measurement of development level of the economy. It is an important index of the general situation of the macroeconomics, which reflects the developments of the economy. GDP belongs to the field of the measuring of the aggregate economy. There are mainly three methods to calculate the value of GDP, namely, the production approach, the income approach and the expenditure approach. They reflect the results of the national economy from different views. The production approach calculates the economic results by summarizing the total output values of all the sectors of the economy and subtracting the value of all the intermediate goods. The approach only includes the value added in the production process, so it is also called the value added approach (Viet, 2009). The second method is the income approach. It focuses on the income generated in the production process. Various production factors are involved in the production process and they can get the income per their relevant contribution to the economic activities. The summary of all the incomes of the various production factors is the result of the economic activities. For example, labors and capitals are the main factors used in the production. So their incomes, the wages and the interest constitute the main part of the GDP calculated by theincome approach (Viet, 2012). The expenditure approach calculates the GDP from the view of the final usages of the products and services. The results of the final products and services usually include two main parts, the consumption and the investment. And consumption covers the need from the household sectors, the government and the foreign consumers. So in the expenditure approach, GDP includes the household consumption, the investment, the government spending and the net exports. In practice, the expenditure approach is most common method used by the government of countries in the world. (Viet, 2011) The Limitations of GDP The changes of GDP could reflect the trend of the economic development and most of the countries consider the increase of GDP as the targets of the economic growth. Although GDP has been used widely as the indicator to measure the development level of the world economy, there are inherent limitation and weaknesses in this method that prevents its wider use in the economic growth. And it particularly reduces the efficiency of GDP in evaluating the economic welfare. The main limitation of GDP is that it does not reflect all the contents of the economic activities, which weakens the role of GDP as the indicator of the economic welfare. GDP cannot reflect the overall situation of peopleââ¬â¢s welfare Generally speaking, the economic growth could bring the increase of peopleââ¬â¢s income, as well as their economic welfare. The per capita GDP is usually used to indicate the average level of peopleââ¬â¢s income in the countries. And it is also used to classify the counties of their economic development levels. But it cannot reflect the differences of the peopleââ¬â¢s welfare caused by the differences of income distribution. For example, for the man having no money at all, he could become a billionaire in terms of the per capita GDP when there is only he and Bill Gates in his country. But he is not likely to enjoy the same welfare as Bill. So GDP, or the per capita GDP masks the real situation of the welfare people really get (Bà ©renger and Verdier-Chouchane, 2007). Besides, there are plenty of things in peopleââ¬â¢s welfare, not just the economic one. The leisure and family pleasure are also very important part of the welfare. People would have little time to spend with families when they are busy in producing the final products and services. The increase of the GDP does not mean the increase of peopleââ¬â¢s overall welfare. The non-market economic activities Besides, what GDP does not cover is the non-market economic activities. Per the concept of GDP, it reflects the market values of the final products and services. For the products and services that are not exchanged on the market, their values are hard to evaluate. For example, the household works finished by the full-time housewives, like cooking, cleaning, and taking care of the olds and children, are not paid in by the family. So they are not included in the calculation of GDP. But if these works are done by the baby-sitters who hired and paid by the families, they will be covered by GDP, since they have the market values. In the developed countries, there is a high level of the marketization of the housework. The children will be sent to kindergartens, olds to the nursing home. People have more chance to eat outside instead of cooking home. All these works will be calculated in GDP. But in the developing countries, most of the housework is finished by the numbers of the family. An d their efforts are not recognized by the market and the GDP. The same household works will make different contributions to the calculation of GDP in different countries. But for people no matter in the developed countries or the developing ones, these works increase their welfare (Bridgman et al., 2012). In the calculation of GDP, the lack of these non-market economic activities reduces the ability of GDP to give a full reflection of the economic activities. So it could not tell the complete welfare people get from the economic activities. GDP does not reflect the quality of the economic development What people could get from GDP is just the number of the value added in the given time. It only reflects the number changes of the output of the economy or the quantitative growth of the economy. The quality of the output and the economy cannot be answered by this indicator. And the growth of GDP does not equal with the economic growth, since the economic growth also contains the improvement of the economic quality (Costanza et al., 2009). For example, the increase of GDP could not tell how the economy grows. There are usually three driven forces of the economy, the consumption, the investment and the exportation. If the increase of the GDP is caused by the consumption from the household sector, the quality of the economic growth could be considered as a good growth. But if it is mainly driven by the investment, especially the one in the real estate market or the infrastructures, the quality of the economic growth is worth to worry, since this kind of growth cannot sustain for a long time. The investment only increases the number of GDP, but not the welfare people could get. When using GDP as the main indicator to assess the economic growth, there would be some strange things in the development plans and practices of the governments. They would have the motivation to investment huge funds in the building of the infrastructures, like roads, railways and airports, since these projects would generate great increase of GDP. And they donââ¬â¢t have to consider whether these projects are needed or not, which could cause the waste of the social and economic resources. Besides, accidents would be welcomed by the governments, since they also can increase the GDP. When there are accidents, the new vehicles or properties will be needed to replace the ones damaged in the accidents, which means the increase of the final products and services. But peopleââ¬â¢s welfare does not see any increase in these activities (Costanza et al., 2009). What GDP provides is just the cold numbers about the amount changes of the economy. It cannot reflect the quality of the economic growth. The environment cost and pollution Except for the limitation in calculating the complete contents and quality of the economic growth, GDP also cannot reflect the hidden costs of the economic growth, particularly the environment cost of the economic activities. GDP only covers the costs that could be exchanged and valued in the market. These environment costs, like the environmental disruption and pollution, usually cannot be valued in the market and they are not calculated by GDP (Costanza et al., 2009). When developing the economy, it is needed to consume the natural resources from the environment. But the resources are limited. The excessive usage of the recourses in the current economic activities could bring the negative influence on the future development. And the economic growth is not sustainable in this model. But this cannot be reflected by GDP. Meanwhile, economic growth could cause the environmental disruption and pollution. These are also the costs of the economic growth. However, they are not included in GDP, since Mother Nature does not charge the price in humansââ¬â¢ economic activities. And the stupid humans will not calculate these costs until they pay for it. The Replacements of GDP The limitations of GDP mentioned above have been exposed in practice and there have been some other indicators developed to replace GDP. These replacements of GDP make up the limitation of GDP in evaluating the welfare people get in the economic activities and help people to have a better understanding of the welfare people get from the economy. In this process, there are main two directions for the measurement of the economic welfare. One direction is to measure the total level of the economic welfare. This method is easy to measure and the result could reflect the differences between different countries. The second direction is to get the per capita level of the economic welfare. These two directions could be seen as the same one, since it is easy to get the per capita results when people get the total level of the welfare. The GNI-Lorenz curve Since GDP cannot reflect the differences of the national income distribution, the Lorenz Curve is then developed to indicate the condition of the income distribution. It is developed in a coordinate system with the percentage of income and households as the axis. It reflects how the wealth of one country is distributed among the households. People could find the level of the inequality in the income distribution per the camber of the Lorenz Curve (Helene, 2010). The gross domestic income (GDI) The gross domestic income or GDI is another indicator used to reflect the condition of the economy. It calculates the income generated by the economic activities, which includes the compensation of employees, the gross operating surplus and the gross mixed income. This indicator could be seen as the version of GDP calculated in the income approach (Fixler, Greenaway-McGrevy and Grimm, 2011). Since peopleââ¬â¢s welfare is largely influenced by the income level, so the changes of GDI could reflect the situation of peopleââ¬â¢s welfare. The physical quality of life index (PQLI) The physical quality of life index is developed by David Morris in the mid-1970s. This index is consisted of three main indicators, the literacy rate, the infant morality rate and the indexed life expectancy. The average value of these three indicators is the level of the physical quality of life. This index is easy to measure and understand. But it does not reflect the complete contents of the welfare. And the excessive attention to the health indicators reduces its ability to give a full explanation of the welfare level (Bà ©renger and Verdier-Chouchane, 2007). Conclusion The gross domestic product can partly reflect the results of the economic activities. But it cannot reflect the economic welfare, the non-market economic activities, the quality of the economic growth, and the environment cost and pollution. These limitations prevent GDP from measuring the economic welfare people get from the economic activities. So that people have developed the new methods to replace GDP to measure the economic welfare. References Bà ©renger, V. and Verdier-Chouchane, A., 2007. Multidimensional Measures of Well-Being: Standard of Living and Quality of Life across Countries. World Development, 35(7), pp. 1259ââ¬â276. Bridgman, B., Dugan, A., Lal, M., Osborne, M. and Villones, S., 2012. Accounting for Household Production in the National Accounts, 1965ââ¬â2010. Survey of Current Business, May, pp.23-36 Costanza, R., Hart, M., Posner, S. and Talberth, J., 2009. Beyond GDP: The Need for New Measures of Progress. The Pardee Papers No. 4. Boston: Pardee Center for the Study of the Longer-Range Future. Fixler, D.J., Greenaway-McGrevy, R. and Grimm, B.T., 2011, Revisions to GDP, GDI, and Their Major Components. Survey of Current Business, July, pp.9-31. Gutierrez, C.M., Glassman, C.A., Landefeld, J.T. and Marcuss, R.D., 2007. Measuring the Economy: A Primer on GDP and the National Income and Product Accounts. Washington, D.C.:à £Ã¢â ¬Ã¢â ¬Bureau of Economic Analysis, U.S. Department of Commerce. Helene, O., 2010, Fitting Lorenz Curves. Economics Letters, 108, pp.153-55. Viet, V.Q., 2009. GDP by Production Approach: A General Introduction with Emphasis on an Integrated Economic Data Collection Framework. New York: United Nations Statistics Division. Viet, V.Q., 2011. GDP by Final Expenditure Approach an Operational Guide for Using Commodity Flow Approach. New York: United Nations Statistics Division. Viet, V.Q., 2012. Income Approach to GDP and Other Issues Relating to the Compilation of Household Income and Consumption Expenditures. International Workshop on Household Income, Consumption and Full Accounting of the Households Sector, 26-28 March, Beijing. China.
Friday, January 17, 2020
Implications of Economics and Policy for Health Professionals
Getzen, T. states, health is irreplaceable, and any change in health can strongly affect the value of many other goods. Health is more precious and time more limited than money. Managed Care is a system of health care that combines delivery and payment; and influences utilization of services, by employing management techniques designed to promote the delivery of cost-effective health care. Insurers/managed-care organizations controls health care in the United States today because nowhere are the changes in the U. S. health services system more evident and more constant than in area of managed care. The shift from fee-for-service to manage care was the need to reduce costs for care and was embraced by various payers as the solution to the unchecked rise in health services expenditures (Barton 2007). The current health care system in the United States is failing. Health Care costs are increasing at a pace which far exceeds inflation. Managed care organizations were established as a cost effective alternative to traditional fee for service. A constant and constantly changing factor that influences the delivery system is the strength of this economy (Barton 2007). When jobs are at stake in a weak economy and the housing market is also at its lowest, insurance premiums steadily increasing, individuals arenââ¬â¢t focused on maintaining health coverage they are more concern with maintaining their homes and trying to pay the mortgage. Health Care Administrators will be challenged with a number of different types of health decisions and choices can be distinguished from a wide range: individual decisions, health policy decisions, health action decisions, regulatory decisions regarding the health system, micro-level health decisions and decisions made outside of the health sector. PubMed suggests, with regard to health-related matters, decision-making is characterized by the level of uncertainty, the complexity of the health system and its structure, the role of urgency and the obligation to act; however, there is a significant emotional factor in these decisions and the supremacy of the individual in the decision-making process. On the policy side, health-related decision-making poses questions concerning the role of expertise and necessitates the development of public debate. As for the matter of health financing, namely through social security and insurance, it calls for a re-examination of the economic analysis of health decisions and policy and the development of a more coherent position on the right to health versus the right to universal coverage. Healthcare is changing in terms of how and where care is delivered, who is providing those services, and how that care is financed. Healthcare Administrators require trained staff to manage the changes taking place. Healthcare Administrators have an opportunity to make a significant contribution to improving the health of the communities their organizations serve. Health Care Administrators plays a key role in keeping cost at a minimum and oversee the delivery of quality care. It is a must that Administrators make effective decisions, they need to be open to different opinions and good at analyzing contradictory information. They must understand and incorporate the best business practices. Also their focus is integrating medicine through the highest quality, the most access, for the best economical method. (Linden 2010)
Thursday, January 9, 2020
Soggy Sweats Famous Whiskey Speech
One of the craftiest orations in the history of American politics was the Whiskey Speech, delivered in April 1952 by a young Mississippi legislator named Noah S. Soggy Sweat, Jr. The House had been debating whether to finally pop the cork on Prohibition when Sweat (later a circuit court judge and a college professor) decided to demonstrate his prowess for talking out of both sides of his mouth. The occasion was a banquet at the old King Edward Hotel in Jackson. My friends, I had not intended to discuss this controversial subject at this particular time. However, I want you to know that I do not shun controversy. On the contrary, I will take a stand on any issue at any time, regardless of how fraught with controversy it might be. You have asked me how I feel about whiskey. All right, here is how I feel about whiskey.If when you say whiskey you mean the devils brew, the poison scourge, the bloody monster, that defiles innocence, dethrones reason, destroys the home, creates misery and poverty, yea, literally takes the bread from the mouths of little children; if you mean the evil drink that topples the Christian man and woman from the pinnacle of righteous, gracious living into the bottomless pit of degradation and despair and shame and helplessness and hopelessness, then certainly I am against it.But if when you say whiskey you mean the oil of conversation, the philosophic wine, the ale that is consumed when good fellows get together, that pu ts a song in their hearts and laughter on their lips, and the warm glow of contentment in their eyes; if you mean Christmas cheer; if you mean the stimulating drink that puts the spring in the old gentlemans step on a frosty, crispy morning; if you mean the drink which enables a man to magnify his joy, and his happiness, and to forget, if only for a little while, lifes great tragedies, and heartaches, and sorrows; if you mean that drink, the sale of which pours into our treasuries untold millions of dollars, which are used to provide tender care for our little crippled children, our blind, our deaf, our dumb, our pitiful aged and infirm, to build highways and hospitals and schools, then certainly I am for it.This is my stand. I will not retreat from it. I will not compromise. Though were tempted to call Sweats speech a lampoon, that words etymology (from the French lampons, let us drink) may betray a certain bias. In any event, the speech stands as a parody of political doublespeak and an artful exercise in employing audience-flattering connotations. The classical figure underlying the speech is distinctio: making explicit references to various meanings of a word. (Bill Clinton used the same device when he told a Grand Jury, It depends on what the meaning of the word is is.) But whereas the customary aim of distinctio is to remove ambiguities, Sweats intention was to exploit them. His initial characterization of whiskey, addressed to the teetotalers in the crowd, employs a series of dysphemisms--disagreeable and offensive impressions of the demon drink. In the next paragraph he shifts his appeal to the wets in his audience through a far more agreeable list of euphemisms. Thus he takes a firm stand--on both sides of the issue. In these days of duplicity in the land of spin, we lift our hearts and our glasses to the memory of Judge Soggy Sweat. Sources Orley Hood, On June 3, Soggys Speech Will Come to Life, The Clarion-Ledger (May 25, 2003)M. Hughes, ââ¬Å"Judge Sweat and ââ¬ËThe Original Whiskey Speech,ââ¬â¢ The Jurist (Vol. I, No. 2, Spring 1986)If by Whiskey, The Clarion Ledger (February 24, 1996)
Tuesday, December 31, 2019
Dna Testing And The Second Amendment - 1276 Words
DNA AS EVIDENCE DNA testing was first used in criminal prosecutions in 1985 and is now admissible in all states. (Hails, 184) Scientific and legal communities seem to universally accept the use of DNA as ââ¬Å"goodâ⬠evidence. Questions could arise regarding testing procedures. There are several testing methods that have been proven reliable and easily pass general acceptance and scientific validity tests. This is causes number of Daubert cases questioning DNA to decline. ââ¬Å"In most cases, the tests that are used are well established and do not require a separate hearingâ⬠(Hails, 160) Once it is established the testing method used passes the Daubert test, the court must determine admissibility based on the Fourth Amendment. The Fourth Amendment is the right of the people to be secure in their persons, houses, papers, and effects, against unreasonable search and seizures, shall not be violated and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized (US Const.) ââ¬Å"In United States v Davis, Earl Davis was shot and while being treated for his gunshot wound, the Howard County Police Department (HCPD) in Maryland collected his clothing and logged it along with records of Davisââ¬â¢s arrest. The next year the nearby Prince Georgeââ¬â¢s County Police Department (PGCPD) suspected Davis of a murder and obtained the clothes that HCPD had previously collected. PGCPD thenShow MoreRelatedThe Case Of Maryland V King1670 Words à |à 7 PagesFourth Amendment which protects citizens against unreasonable searches and seizures. 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Monday, December 23, 2019
Administration Discussion Questions Essay - 1178 Words
1. Why is the job market for administrative professionals growing? What effect do you think the economic downturn of 2008-2009 had on this field? Since the economic downturn of 2008-2009 recessions, the job market for administrative professionals in on the rise. The field is anticipated to grow because administrative professionals work in areas of the economy that are expanding and generating new jobsââ¬âsuch as education, social service, legal service, health care, and finance. With so many jobs lost during the recession and the recent turnaround in economy, employers are looking to refill those positions. 2. Where do administrative professionals work? Name at least two factors that would be the same and two factors that would be differentâ⬠¦show more contentâ⬠¦Employers are responsible for ensuring all their employees receive the tools, equipment, and supplies needed to achieve the duties assigned to them. 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Sunday, December 15, 2019
Literature Review on IT architecture Free Essays
string(141) " Federal Enterprise Architecture is defined as a method of creating enterprise architecture and thus also known as proscriptive methodology\." Literature Review Abstract The research is all about the use of information system in the organizations. There are many tools which are helpful in managing the whole organization. The business environment is getting highly competitive and many organizations are making strategies to grab the market share. We will write a custom essay sample on Literature Review on IT architecture or any similar topic only for you Order Now A company was selected in order to understand the scenario. A conceptual frames work was developed in the mind to present the problem. The IBM organization was selected to conduct the research. Literature review presents the important theories and concepts along with the importance of he information system in organization. The introduction of the research was done by analyzing the problem which organization face because of the information. Literature suggested many systems which can improve the processes of the organizations. There are many other systems which can increase the performance infrastructure of service quality. The literature was extracted from different articles which improved the report. The report has many suggestions for the organizations. The study of this report can give solution to many problems which the company faced in the current scenario. The comparison was done in the later part of the report and the scenario and literature was matched in order to find loopholes in the system and to provide solution to incapability. Table of Contents Introduction 4 Literature Analysis 4 Current practice section 7 Comparison of Literature and current practice 10 Conclusion 11 References Literature 12 References Current Practice 12 Introduction Enterprise architecture is the process in which operation and structure of an organization is defined. The intention in the process is to achieve future and current objectives. One of the most agreed upon viewpoint is where business perspective, applications perspective, information perspective and technology perspective is part of the future objectives a company is likely to foresee. The use of enterprise architecture includes properly documented processes, systems, infrastructure and applications. This assignment briefly discusses various theories of enterprise architecture particularly at the strategic level and thus explains the theory with a practical example which further glorifies the literature review. Literature Analysis The evolution of the enterprise information system and management is the core responsibility of the Chief Information Officer (CIO) of the company. The CIO information processing and decision making is aided by the technique or process known as Enterprise Architecture. A model based planning and management approach to evaluate management wise information system is called enterprise architecture. The complexity of business supporting system and its significance has been addressed in this enterprise architectural approach. The planning and problem information system is under the responsibility of the Chief Information Officer (CIO). Thus, it can be rightly stated that enterprise architecture is the best way to aid decision making of CIO (Stated et al. AAA). According to Eriksson and Pinker (2000), the importance of a good modeling framework should be emphasizes in the organization but the reason of choosing one model over the other is ambiguous. As a basic question, the model should be able to answer the questions pertaining to the reasons it is designed for. The enterprise architecture is successful in answering the question. The dilemma is to explore the probable questions the model is able to answer. In the enterprise architecture model it is possible to come across the questions of why and how of using the framework or model. In order to mitigate the risk involved, organizations can simply produce more than one model to select the most adequate one. Analysis of the enterprise architectures The decision making as followed by CIO can help in studying the architectural analysis model. The first step is to formulate scenario, the need to recognize the options available to the CIO is the foremost step in order to foresee the information system of an organization. The possible future states of the company can be conjured by performing this step. The next step is to determine the criteria to decide upon; in this step criteria allow CIO to set a benchmark to evaluate different models. One of the important questions needed in setting the criteria are to find out business support, IT security and availability. In this paper, architectural theory or criteria is used to evaluate the model. After setting the criteria the next step is to analyze scenario, in which case one of the criteria is selected to evaluate both models and then so on and so forth. Stated et al. (AAA) explain that next, the firm undertakes the selection of the scenario where process selection of the model takes place on the Asia of the chosen criteria and the support offer to the decision making of CIO. Stated et al. (AAA) further elaborates stating that the birth of the enterprise architecture took place twenty years ago and designed to address two problems poor business alignment and system complexity. In poor business alignment the problem of IT system to align it with the cost is addressed. Kanji, H. And Burns, P. (2011) add that in system complexity entails the need to develop IT systems. The basic idea is to serve the organization with less cost involved but providing more value and utility. However, according to the theory of Stated et al. (AAA), the complexity and cost of these IT systems implemented in the organization have dramatically emphasized by now globally whereas the real value derived from the systems have decreased. Kanji, H. And Burns, P. 2011) stresses that the giant organizations fail to ignore such problems therefore the field of enterprise architecture is powerfully prophetic in the world today. Some methodologies of enterprise architecture are widely used in the world today however the large field makes use of mainly four methodologies. According to Kanji and Burns (201 1), the taxonomy is given another name to the work of Coachman and is termed as the first methodology of the Enterprise architecture (EAI). Another methodology known as the Open Group Architectural Framework (TOGA) is more precisely or accurately defined as the process. The Federal Enterprise Architecture is defined as a method of creating enterprise architecture and thus also known as proscriptive methodology. You read "Literature Review on IT architecture" in category "Literature" The practice of architectural enterprise is known as the Gardner methodology. As articulated by Coachman (1982), the Canaan framework for enterprise is recognized s a framework which is contrary to the definition of the framework. The framework is defined as something that serves as a skeleton structure for construction. The second name given to the approach of Coachman is taxonomy and by definition it is a classification in ordered systems of organisms to give a natural relationship. The Coachman framework is in simple ways taxonomy and organizing of architectural artifacts for instance models, documents and specifications. According to Coachman (1982), the enterprise manufacturing and engineering is around for more than thousand years and will remain for longer. However Kanji and Burns (2011) stress that the understanding of the process is changed with respect to time. The Canaan is the most frequently used technique in large firms due to ease of application and best responses. It is also desirable to cater for necessary complexities of the system design while Enterprise Architecture. Kanji and Burns (2011) also support the Open Group Architecture Framework (GOFF) which is which primarily used within four categories namely business architecture, application architecture, data architecture and technical architecture. The business recess to meet the desired goals is described in the business architecture. The designing of the application and their probable interaction is studied under application architecture. The access and organizing of the data store is termed under data architecture. Finally technical structure talks about the hardware and software to cater for application and access (Stated et al. , 2004). Kanji and Burns (2011) also explain the Federal Enterprise Architecture (FEE) which is done to amalgamate ubiquitous and functions under enterprise architecture. But Moms (2007) contends stating that this new methodology apparently s in the infancy stage so no noticeable work can be seen in the organization and there is not much talk about its failure. The last methodology employed in the Enterprise architecture (EAI) is Gardner. It is the practice rather than a process of an IT and research consulting organization Gardner. Literature Analysis summary The Enterprise Architecture is more of a theory than any thing practical. Above some methodologies are stated that shows different approaches to the EAI and can be studied when considering different perspective. It can also vary with respect to the difference in opinion or difference in practice. These four approaches may be used by Giant Corporations to address different engineering, business and manufacturing issues. The large corporations are entitled to use complex systems which necessitate such EAI methodologies. Current practice section The implementation of the architectural enterprise is not resulted from designing the software or relating it with different business units. The organization itself along with processes affected must be changed sometimes in order to show flexibility and competency in the business functions. IBM has used EAI model in the multi-brand enterprise and multi divisional enterprise. The purpose of this model is to enhance the debate and sharing among the top executives within organization. It is also designed to reach at a common goal by ignoring most of the differences and reaching to the potential outcome. The global system practices are avoided by the corporations if the intended outcome is local profit and loss only. In multi-local enterprises where PL are regarded as the parameters to measure performance and that other performance measure are nonexistent. In this way two avenues left open for such kind of EAI. The first that change in the incentive system is needed to address the issue. In this way enterprise sharing of resource or enterprise integration can be enhanced which was much needed at MOM. The EAI system as employed in the IBM is based on four consenting I. E. Shared identity and purpose, common bonds of performance, shared knowledge and shared infrastructure. These elements when used together can help in integrating the organization with its functions (Gravesend, 2012). Figure 1 . Four factors necessary for integrating the organization Source: Adapted from Shoal S. And Grafton L. ââ¬Å"Integrating the Enterprise. â⬠MIT Sloan Management Review, Fall 2002, and Well P. , Suburbanââ¬â¢s M. , and Broadband M. IT Infrastructure for Strategic Agility. MIT Center for Information Systems Research Working Paper No. 329, April 2002 The CIO organization or IBM business transmission integrates all the business units across geographies and transform strategic business priorities into initiatives of transformation. The company is entitled for maintaining IT Landscape as per the strategic roadman provided. According to Gravesend (2012), any organization does require strateg ic planning. It provides them the leverage to enhance their capabilities and gives them a direction. There are many aspects of planning which collectively make a strategic plan. Strategic planning helps keep focus on the area that is most responsible for boosting the profit levels and overall performance of organization. Since it leads organization to be focused it automatically makes organization polish its skills that are more required in running the business in an efficient and effective way. Innovation and new offerings are always very important for any company to increase its sales. Variety in new products is the obvious way but the manager must work on the execution of the issuance of new product because most of the times poorly executed new offering perform poorly ND they end up in big losses. The basic need to implement EAI in the organization focused on the provision of the information and successful strategies in order to feed in the data before hand. This information should be sufficient enough for both stakeholders I. E. Team designing the software as well the top managers making use of the information stored. In order to address loop holes in the system, a best- practice approach must be used in the system. The imposed system should be open to any kind of re purposing and time should be saved by doing re purposing instead of re-inventing. Secondly, it is desirable that system provides future state of the IT landscape along with existing risk and cost analysis. One way of getting growth is to take full advantage of learning curve and utilizing economies of scale. Learning curve makes you more efficient in your production process. It tells you how to fully utilize your resources. Economies of scales help in reduction of average cost because of factors like managerial specialization and buying power. Strategic implementation is an ongoing process of an organizationââ¬â¢s plans which they made in order to survive and to earn profit for a longer period of time. It consists of series of action plans which are integrated to each other. Strategic implementation of the plans which were proposed for the extension and growth are very vital. The long term strategy can help them create a loyal customer and to get more profitable branches which can earn profit for at least five years. The implementation of EAI is found successful in the organization and supports the business functions across geographies. The Enterprise architecture used in the IBM is supported by Coachman methodology. His model is based on the integration of the organization which is clearly addressed in this section (lbs., 2013). Comparison of Literature and current practice Literature has enlightened many aspects of the information which can help any organization to prosper. The problem which they are facing is that they do not use any information system which integrates the employees. They are lacking in the internal information. According to literature there are many tools which will help the organization to increase their productivity. Software like management information system, decision support system and others can help to improve the information flow within the organization. The current situation is that they are losing customers because of the service delivery time. Information system will align all the departments and will provide the information about the customer which will increase the overall flow of information. Literature suggests that internal and external flow of information is very important for all the organization. Stakeholders must be contacted in decision making process. Decision support system integrates all the stakeholders and provides the best possible solution to any business scenario. Internal information with the organization must be improved and transaction recessing system will be helpful to record all the business transactions. It was found in literature that information and feedback from employees and customer is very important and many organizations lose their customers because of this issue. Conclusion The report provides many aspects and after analyzing the literature and the other aspect it was found that companies must include information system in their system. It was found that communication with stakeholders is very important for any organization. They are the pillar of organization and help to build the reputation of NY organization. Organizations must contact different stakeholders and must take their views about the problems they are facing. The other dimensions which were found that management information system, decision support system and other systems are enhancing the capabilities of the organization. In service industry, the most important part is service delivery and these information systems are contributing to increase the performance. Internal and external sources of information are found very important for the organizations and they help to analyze the need of customer. How to cite Literature Review on IT architecture, Essays
Saturday, December 7, 2019
Principles of Assessment in Lifelong Learning free essay sample
Task A part a The assessment process is a vital part to teaching in the lifelong learning sector. All assessment requires the collection and recording of evidence of student learning. There are many aspects to assessment which will begin from the point of the leaner completing their initial application form. The principles of assessment come under three different headings, Initial assessment, formative assessment and summative assessment. Each of the assessment criteria come with specific outcomes for the learner this will assure the learner is getting the best possible outcome to their learning. Looking at figure 6. 1 Gravells, A (pg112) assessment cycle as shown below The initial assessment will be the crucial part of the learning journey. This will provide the relevant information needed to decide the leanerââ¬â¢s starting point. It is the level from which the learnerââ¬â¢s progress and also achievement can be calculated. As stated by Green, M. (2003) ââ¬Å"Initial assessment needs to be done with learners rather than to them. It should be of benefit to learners and help them feel positive about themselves and their potential to learn. Initial assessment may start with establishing the learners, interests, aspirations; experience and motivation or it may be part of a ââ¬Å"getting to know youâ⬠activity in induction. It allows you to look at the learning styles which are relevant to each learner. Whatever method you choose it needs to be flexible and should reflect the nature of the learner. From using a range of assessment methods it will enable you to summarize the learners starting point. Whichever method is chosen, it is important that initial assessment contains some form of skill/knowledge assessment which can be validated by the tutor. The initial assessment will allow the planning for any other services which may be required to assist the learner. It is essential that all interaction which takes place with the learner on the initial interview is recorded, this is done for the protection of the learner also the tutor can refer back to any conversation which has taken place. The recording of information will make sure the learner is on the correct course at the correct level, the learner actually wants to access the course. Planning for the assessment is basically you and your learner agreeing on which type and which methods of assessment are suitable. This will vary from learner to learner as they all have different needs and also very often different learning styles. Also included in the planning assessment is setting appropriate target dates setting with both the learner this could also involve other members of staff. Assessment activity is all about how to assess the activity and what methods could be used. For example if it is a student led assessment they could be completing the requested assignment or even gathering some form competent evidence. If tutor/assessor led this could be observation, questioning or even photographic evidence. After the three initial assessments have been completed it is then time to look at the assessment decision and feedback, this enables the tutor to make the decision on whether the learner has been successful or otherwise. This is the point in which the tutor/assessor is able to give constructive feedback to the learner stating if any further actions are required. Reviewing the progress means that any assessment plan can be review and altered at any one time to meet the learners required needs at the time, or upon completion of either the programme or the course. The review process enables you as the tutor to sit with your learner and give the opportunity you both time to discuss any relevant issues you may feel will aid in their learning. By reviewing the assessment activities which you use this will give you an opportunity to amend any if necessary. The formative assessment is the second strand of the assessment process. ââ¬Å"formative assessments are ongoing practices that help both the teacher and student evaluate and reflect on how they are both doing, and what changes either or both might need to make to become a more effective teacher and learner. Larry Ferlazzo (no date) Assessment for learning is also known as formative assessment. Assessment for learning is the process of seeking and interpreting evidence in use by learners and their teachers to decide where the learners are in their learning, where they need to go, and how best to get there. Since the goal of formative assessment is to gain an understanding of what students know (and dont know) in order to make responsive changes in teaching and learning. Techniques such as teacher observation and classroom discussion have an important place alongside analysis of tests and homework. Much of what tutors and learners do in the classroom can be described as assessment for learning. (Black and Wiliam, 1998) says ââ¬Å"Assessment for learning can be defined as ââ¬Ëall those activities undertaken by teachers and/or by their students, which provide information to be used as feedback to modify the teaching and learning activities in which they are engagedââ¬â¢ Formative assessment should occur regularly throughout the instructional process and, According to the National Center for Fair and Open Testing (NCFOT) (1999), Careful documentation can allow formative assessments to be used for summative purposes. The manner in which summative assessments are reported helps determine whether they can be easily translated for formative purposesespecially by the student, teacher, and parent. (Ainsworth amp; Viegut, 2006) state ââ¬Å"By varying the type of assessment you use over the course of the week, you can get a more accurate picture of what students know and understand, obtaining a multiple-measure assessment ââ¬Ëwindow into student understanding Some examples of a formative assessment could be: * Asking questions * observations * self assessments * quizzes (sometimes) * learner record keeping Thomas R. Guskey suggests ââ¬Å"that for assessments to become an integral part of the instructional process, teachers need to change their approach in three important ways. They must 1) use assessments as sources of information for both students and teachers, 2) follow assessments with high-quality corrective instruction, and 3) give students second chances to demonstrate success (2007). Assessment of learning is also known as summative assessment, assessments used to sum up a learners achievement. Summative assessment can be carried out as particular stages of the course or learning rogramme are completed, or at the end, whichever seems appropriate. Where achievement is recorded on an on-going basis, summative assessment may mean bringing all the evidence together, rather than carrying out an additional set of assessment activities. This means that all the requirements stipulated by the examining body are all collated and correct. Assignments to be marked and graded appropriately, making sure the work is that of the learners and no one elseââ¬â¢s. . Examples of summative assessment can be a written examination. Reliability is essential as they are used numerically to classify learners and compare them to each other. Traditional unit tests (multiple choice, true/false and sort answer questions) are poor summative assessments as they rarely require the application of skills and concepts or the demonstration of understandings rather than a mere reporting of information. The best summative assessments often incorporate the essential question(s) that have focused the unit, requiring students to answer one or more of the essential questions drawing upon ideas from personal experience, from the texts studied, and from new text(s) encountered as a part of the assessment. Assessment methods Within my area of childcare/sexual health I use many varied types of assessment. The assessment criteria I use are based on the level of the learner and the suitability to the specific unit within the assignment. By using various methods of assessment I get a clearer picture of what went well with both tutor and learner and what was not so good so improvements can be made. Use accurate assessment to effectively plan to ensure all groups of students are suitably challenged and supported. Use a variety of strategies (ASL) to ensure students know where they are and what they need to do to improve in relation to their target grades. These must include: * Skilful Questioning and other forms of oral feedback (relating to lesson objectives) which gauge and probe student understanding, as well as re-shaping of explanations and tasks. * Frequent written feedback (Marking), which follows Strengths, Attitude to learning, Level and Target (SALT) and where targets set are detailed enough that students can make progress. * Peer and/or self-assessment Photographic assessment Photographic assessments are used usually with another form of assessment, observation or verbal. Photographic assessment allows the learner to do practical activities and have a photographic record of their achievements these can then be placed either into a book or a file and annotated by the learner which will explain the type of activity which had taken place. If this is done on a regular basis with activities at different levels the learner can see the progress which has been made. If and when using photographic evidence it should always be signed and authenticated by both the learner and the tutor. Is it valid? Yes as the photographic evidence will show as long as the photograph is annotated, dated and signed by a tutor/teacher. If the evidence is not current i. e. the picture taken six months before the criteria may have changed so photographic evidence may not be required or be insufficient for the amount of work needing to be produced. As with positives there are also some negative points with this kind of assessment. * Some learners may not give permission to be photographed * It may mean learners are absent purposely to avoid taking part in the lesson. * You need to make sure all the equipment works and you have all your resources to hand. Verbal Questioning This is an excellent way to find out if the learner has understood the task which has been set for them. You can use the lesson objective in this case to keep referring back to. The questioning can be either informal or formal. You could state you are going to recap the lesson, stating you will be asking each learner a question at the end. This method is used quite a lot as it continually assess the learner knowledge. Giving the students positive feedback throughout telling them no answer is wrong getting them to expand on the answer they have just given. Demonstrations can be done with this method as you could demonstrate the subject at hand, asking questions continually and the students responding accordingly. * The down side is often learners are worried they will give the wrong answer. * They may feel embarrassed taking in front of others Observation Observational assessment is the perfect way to observe the students as they work on a specific project. This promotes independent learning; gaining more than one view point also the learning is timed and controlled. This enables the teacher to roam around the classroom, occasionally offering guidance and encouragement as the students work. Whist walking around the classroom the teacher is able to take notes on how students are performing and also whether or not modifications need to be made to the assignment. The observation works well when the teacher wishes to monitor how students work together in groups or individually. The observational process is also a useful to monitor behavior within the session. This is turn enables the teacher to move the learner(s) if necessary. * Students may not participate in the session as they feel they donââ¬â¢t have the relevant information to give. May not get a true reflection of the outcome as some learners may come out with untruths. Portfolios Many aspects of the portfolio and the portfolio process provided assessment opportunities that contributed to improved work through feedback, conversations about content and quality, and other assessment relevant discussions. The collection also served to demonstrate progress and inform and support summative evaluations. The relationship between assessment and instruction requires re-examination so that information gathered from learner discussions can be used for instructional purposes. The disadvantages of this could be * Time consuming for staff marking them * Difficult to ensure reliability between staff * Can encourage cheating re ownership of work It is important that all learners being assessed by this means must have a shared understanding of the level expected of their work. It is good practice to show learners relevant examples and suggest a proposed format, including suggesting a physical size, as this will help your back! If the nature of the evidence needed from students is transparent, this can aid the marking and go towards reliability between staff. Also preparing a marking proforma for all staff should help. As portfolio building is usually time consuming, offer interim assessment opportunities so that learners can receive advice on whether the evidence they are assembling is appropriate. Consider assessing the portfolios as a team, with each giving comments on a feedback sheet which could also have positives on the portfolio as this aids feedback for learners. Self-Assessment/Peer Assessment Learners can only achieve a learning goal if they understand that goal, and can assess what they need to do to reach it. The ability to assess oneââ¬â¢s own work is essential in acquiring that understanding. Peer assessment is also valuable because the interchange will be in a language that learners themselves would use, also because learning is enhanced when leaners themselves tak on the roles of teachers and examiners of others. Self-assessment and peer assessment is used to log the progress. This can be done by mind mapping in different colours. First colour what they know, second colour some of the information you have imparted, third colour all the information and what their peers know. This could be done on several different occasions to assess the progress which has been made, also to identify any areas of improvement, show the strengths of the learner. Below is a chart which I use and can be altered to allow for differentiation and levelling. The peer assessment could be a quiz which they complete they exchange papers to mark each otherââ¬â¢s. This can give a sense of ownership to the student. In conclusion I feel that assessment is a necessary part of the learning process for both learner and tutors alike. It enables tutors and educational establishments to keep up to date records of the progress of each learner. Ofsted or any other government expectorate will able to see regular progress, marking from the members of staff and also positive comments with identifiable areas of any improvement required. Task B The assessment process is an on-going process to which all learners should be involved in. One of the main objectives to assessment is to enable all learners to take part at their own level. The need for inclusivity is paramount when doing assessment to enable each learner to be assessed at their own level. If necessary other services may need to be involved i. English as an additional Language (EAL) this will need liaison with each subject leader and the co-ordinator for EAL. This will then look at the specific needs of the learner, ensure that assessment practice conforms with equality of opportunity, and monitor the performance of EAL and ethnic minority students, setting them relevant challenging targets, and finally analyse and interpret the performance of EAL and ethnic minority stu dents at the end of key stages. Whichever assessment method I have chosen it needs to address the intended curriculum outcomes and also the continuum of learning that is required to reach the outcomes. As I am assessing the learners they need to understand clearly what they are trying to learn, and what is expected of them. In turn they are given feedback I give them around the quality of their work and what in turn they can do to improve it. The advice they are given from me the tutor will go to making the necessary improvements. During this time they learners are fully involved in deciding what needs to be done next, and the relevant people who can give them help if required.
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