Counter Trade Assignment Example | Topics and Well Written Essays - 250 words

Counter Trade - Assignment Example Switch trading as a countertrade assists global financial operations in instances where a company in a given state is short of obligations thereby hindering from making a purchase. Therefore, the company in need of the obligations would do a switch by buying the obligations from another company for it to be able to make a purchase as was observed by Contractor and Lorange (2002). Countertrade is also applied as a global financial operation in the form of a counter purchase. Contractor and Lorange (2002) argue that a counter purchase assists in transferring goods and services from an organization in one country to another in a different country, that promises to make a future purchase of goods from the same company. This form of countertrade enables the company that does not have the products needed to get them from another company that has the same products. This helps the first company to assure its continuity and, therefore, to avoid closure. Countertrade is one way in which techno logy can be exchanged between countries in the form of buybacks according to Contractor and Lorange (2002). A buyback also enables a company to acquire plants, equipments, and receive training easily through countertrade, thereby fostering growth in financial operations. Countertrade is one of the best ways of managing risks. This is because a company that is in need of products and services but is short of hard currency may still manage to acquire products and services through countertrade. This eliminates the dangers that may face the company such as closure. Countertrade is also another way of managing currency risks such as those due to non-convertibility of and fluctuation in currency value. Since countertrade does not involve currency, the business is never affected by the fluctuation in currency or non-convertibility (Trent, 2007). In conclusion, countertrade is one of the

Human Growth and Developement Essay Example | Topics and Well Written Essays - 500 words

Human Growth and Developement - Essay Example From this paper, it is clear that big 5 personality traits are the five basic dimensions of any individual’s personality and are a broad classification of personality, whereby agreeableness refers to the ability to be trustworthy, kind and affectionate while neuroticism points emotional instability, anxiety, and moodiness. On the other hand, openness and conscientiousness refer to the ability to be insightful and thoughtful, respectively. For effective nursing, it is crucial to have an appropriate combination such as extraversion meaning excitability, sociability, and talkativeness, agreeableness, openness, and conscientiousness. These come in handy in nursing in terms of catering for the needs of their patients emotionally through social and high emotional expression.This paper highlights that  ageism is the term used to refer to discrimination against people based on their age, and stereotyping on the same. In the media, the issue of ageism has come up in recent times due to the practice of discriminating the aged, middle-aged, teenagers and children on various grounds related to their age.  This is where humorists and comedians avoid making jokes on racial, disability and sexist grounds, but feels okay to bare their bias and negative attitude to those they consider unworthy of their respect.  This is by attacking the target group with harsh comments. In nursing cases, ageism applies in employment and experience where some of the junior and senior members of the nursing profession deny one another respect.