Legal, Ethical and Professional Issues Essay Example | Topics and Well Written Essays - 5250 words

Legal, Ethical and Professional Issues - Essay Example From this resaerch it is clear that there are quite a few healthcare practices that deprive the dignity of patients by treating them as ingenuous, dependent and inane beings. This transpires, despite the acceptance among nurses and doctors that patients are fundamentally human beings. Nursing practice has to recognise the fact that the law is of great significance. This has become all the more true, due to the unprecedented increase of court cases related to health care. The nurse – patient relationship becomes very clearly defined, when the nurse comprehends the relevance of the law to their practice. There are two types of legislation. Firstly, law based on precedent or previous decisions in cases with similar facts and made in the court is known as the common law. Secondly, the statutory law is primary legislation that has to be passed by both the Houses of Parliament. It has two divisions, namely the criminal and civil law. The civil law relates to cases where remuneration is sought, via pecuniary compensation. On the other hand, the criminal law addresses instances of harmful or disruptive behaviour or practices and the punishment inflicted is in general incarceration. Nurses should be well versed with such legislation, in order to evade liability in their professional role. This is because, under the law, healthcare professionals and workers are accountable for their actions during the course of providing medication or healthcare. They have to identify their limitations and powers with regard to the provision of health care and they should be aware of the existing health care legislations and local protocols. Healthcare professionals should know the provisions of the Care Standards Act of 2000, the Health Act of 2006, the Mental Capacity Act of 2005, and the Disability Act of 1998 (Barker & Randle, 2009). The Code (Nursing and Midwifery Council 2008) has stipulated in no uncertain terms that the individual registered nurses and midwives ‘are personally accountable for actions and omissions in practice’ (Scrivener, Hand, & Hooper 2011). In addition, the NMC Code specifies that nurses should ensure that they follow the latest procedures in their practice. As such, the Code exhorts nurses to learn throughout their career (The code: Standards of conduct, performance and ethics for nurses and midwives 2008). Moreover, spiritual care is a very important aspect of the nursing code of ethics in the UK. This is reiterated by the International Council of Nurses Code of Ethics for Nurses, which states that while providing care the nurse engenders an environment where in human rights, values, customs and spiritual beliefs are respected. As such, the NMC Code of Professional Conduct requires nurses to document and systematically assess the physical, psychological, social and spiritual needs of patients, clients and communities (McSherry & Ross 2010).The regulatory agency of the UK, with regard to nursing and midwifery is the Nursing and Midwifery Council (NMC). Scenario1 In the first hypothetical scenario the patient is unconscious and has been diagnosed with permanent brain damage. The medical team, including the nurses and critical care nurses have taken a decision to withdraw treatment for this

Leadership Case Study Example | Topics and Well Written Essays - 250 words - 2

Leadership - Case Study Example nd avoidance/passive styles) and different features of burnout (emotional exhaustion, depersonalization, diminishment of personal accomplishment) were made by authors. Out of these five hypotheses only two were fully supported: the one - about positive association between passive leadership style and both depersonalization and emotional exhaustion; the second – about positive correlation between transformational leadership and personal accomplishment. The highest achievement of the authors and therefore the best feature of the article is the fact that the article provides a thorough literature review. A lot of sources providing research on the different styles of management as well as the research on different features and reasons of burnout were analyzed. The analysis of correlations between leadership styles and burnout which already exists in the literature is also presented by the authors of the article. However, the empirical researches as well as the conclusions made in the article contain certain limitations. First of all, taking into account the fact that out of five hypotheses made by the authors of the article only two were fully support with the data, their conclusions about the connections between styles of leadership and burnout as a whole seem somehow overgeneralized. Those hypotheses which were fully supported with the data present just one side of the burnout. Besides that, there are limitations connected with the sample which is used for the research. Even though the authors of the article argue that the response rate of 26.2 percent is normal for this area of research as it involves sensitive issues, it is still very low and as we don’t know anything about the remaining 73.8 percent of the planned sample, the results of the research may be seriously biased. Such a small number of answers (131) provides doubts about the credibility of research results. Even though the study contains certain limitations, especially from the methodological

Should gay marriage be legalize Essay Example | Topics and Well Written Essays - 750 words

Should gay marriage be legalize - Essay Example I support the legalization of gay marriages because of their similarity to heterosexual marriages, are determined by uncontrollable biological forces, and have existed in human societies through the course of time. Gay marriages are founded on nearly the same kind of principles that underpin heterosexual marriages. These marriages manifest the characteristics of company, support, and love, which are also fundamental in heterosexual marriages. Gay marriages resemble normal marriages and only differ due to the involvement of people of the same sex. According to those who hold on this opinion, marriage is supposed to help people to adjust to the realities of life and enjoy the company of each other (Baird and Stuart 50). Gay couples usually insist that they are happy in the company of each other and that they would not wish or aspire for any other alternative. Regarding the issue of having children, supporters of gay marriages insist that children are not fundamental to the success of a marriage. They contend that children could be adopted if the gay couples really need them in their marriage. The bonds that hold gay marriages are determined by uncontrollable biological factors. ... They contend they comprise of a minority group in the society and must be protected by the normal laws that safeguard the rights of the minority. American Civil Liberties Union (ACLU) argues that opposing or outlawing their marriages is an infringement on gay people’s rights and liberties (Stockland and James 13). The society must, therefore, learn to tolerate them and treat them as part of the social system. Gay marriages have existed from historical periods to the current age. They existed during the current centuries and the old world accommodated them within their own structures (Eskridge and Spedale 143). Their argument is that gay relationships and gay marriages are a reality of life and must be accommodated in any society. According to them, the ancient world accommodated gay relationships because the societies at that time could draw a line between individual rights and social realities. They argue that the society has not had any problems resulting from gay relationsh ips. Statistics indicate that about 9 million Americans fall within the category of gay, lesbian, or other orientations that do not conform to conventional morality (Wardle 97). Support for the legalization of gay marriages is because the high statistics of gay people shows that their existence in the society is a fact that cannot be wished away. As such, their rights must be safeguarded and respected by the dominant heterosexual population. However, those who oppose the legalization of gay marriages argue that these marriages have the capacity of eroding the social fabric. They argue that human actions and behavior must be guided by the nature. Naturally, marriages should only be allowed between men and women. Those who

Operation Management Analysis Of Hard Rock Cafe Brand Tourism Essay

Operation Management Analysis Of Hard Rock Cafe Brand Tourism Essay Hard Rock Cafe is a success story in operation management . From its very first London pub in 1971 , after 39 years of existence Hard Rock cafe continued expanding and succeeding in many different countries. This paper will discuss how the 10 decisions of the Operation management were made on Hard Rock Cafe as well as operation management challenges and opportunities confronting Hard Rock Cafe when considering an expansion of its business in Hanoi. Critical evaluation of the operation management strategy of Hard Rock Cafe as described in the case materials. With the mission to spread out the spirit of rock n roll by delivering creating authentic experiences that rock, Hard Rock cafe has won continued success since it was founded in June 14, 1971 when the rock music was explosive in England. Hard Rock Cafe has uniqueness and more importantly it has launched an excellent strategy in operation management. Hard Rock cafe strategy is to provide not only a custom meal from the menu, but a dining event that includes a unique visual and sound experience not duplicated anywhere in the world. (1) That strategy has helped Hard rock cafe grow from its first Cafe to 129 world wide locations. Bellow is the discussion on some out of 10 decisions of opreration management run on Hard Rock Cafe. Taking the success of the Hard Rock Cafe into consideration means considering its service quality and product design. The Cafe offers a range of services from cafes, live music, Rock concerts to hotels and casinos. They serve customer by modifying the menu from classic American burgers and chicken wings- to include higher-end items such as stuff veal chops and lobster tail ( P.56). And of course, its quality must be the top charts. They always usually change their menu based on the frequent customer survey and localized food taste. Surveys are done on a regular basis to evaluate quality of food and service at the cafe. Scores are rated on a 1 to 7 scale. And if the score is not a 7, the food or service is a failure (Jay Barry, n.d,P.56). Hard Rock not simply offers meals and drink, it provides a unique different experience in each location. Experiences are not exclusive about entertainment; company stage an experience whenever they engage customers in a personal and memorable way. (Harvard Business Review, Welcome to the experience economy, B,Joseph Pine II Jame H. Gilmore, 1998) Surely, the key has driven Hard Rock Cafe to success is to build a standard of quality and keep its product and service meet the standard. One factor that brings success to Hard Rock Cafe is Human resource strategy.   Based on their specific services, from the recruitment Hard Rock Cafe looks for people who are passionate with music, like to serve people and have ability to tell story. Hard Rock builds on a hiring criterion of bright, positive attitude, self-motivated individuals with an employee bill of rights and substantial employee power. These people will surely inspire customer and make them happy. Hard Rock Cafe also created a great working environment with people who have the same interest but different personality. Besides, training plan is also a very good strategy at Hard Rock. The companys training is very specific, with job-oriented interactive CDs covering kitchen, retail, and front of the house service.   Through the training, employees improve themselves both personally and professionally. Staffs are highly motivated because they can see their opportunities in Hard Rock even they are from a low level as 60% of the managers here are promoted from part time staff. Such strate gies have reveaved that the Cafe really cares about their employees and their employees do not only come for money but also to obtain job satisfaction. Because location is such a significant cost and revenue driver, location often has the power to make (or break) a companys business strategy (Jay Barry, n.d, P.364) therefore, Hard Rock Cafe has been spending much time and great efforts to analyze location whenever they want to open a new Cafe. Focusing on tourists and people who love music therefore demographics, visitor market, transportation, restaurants/night clubs and political risk are emphasized factors for researching to make sure that Hard Rock Cafe is located in a convenient place for their potential customers. The analysis also helps them have a long term investment in each Hard Rock cafe. Every opened cafe is a result of an extremely careful decision after investigating the target markets, the proper places and considering the future success in a long period of time. Therefore, location contributes a crucial role in expanding Hard Rock Cafe popularity to world-wide nowadays. The layout is also another important decision that management has to make. The kitchen is set up to be not just only a normal kitchen but also a comfortable working space for all the staff. The kitchen flows are designed in order to make sure that the chief, waiters and waitresses have enough space to do their work. The bar and restaurant are designed to bring the highest income for Hard Rock Cafe. The installation of lighting, sound, screens, music and circulation paths is in order to praise memorabilia and as a result, customers are convinced to buy souvenirs naturally. In fact, the retail shops produce about half the companys profit and they are always displayed at eye-catching areas such as within the restaurant space, flow and work stations. Its obviously that scheduling is one of the most important decisions at Hard Rock Cafe. With Mr. Ken Hoffman, Hard Rocks General manager takes scheduling very serious. There are some factors that affect sales that Ken Hoffman cares when he makes schedule. The number of occupied rooms in nearby hotels is important because not all guests will have dinner in the Hotels. They will look for dinning spots and of course Hard Rock cafe will be their destination because of it uniqueness and well-known. The next factor that they consider is how many events will occur in the area. The third one is they examine the sales at the same day of previous year. Another factor that Hard Rock Cafe takes into account is the entree sales data, each entree is present 1 customer. With the result of the forecast, Hard Rock Cafe estimates the number of guest will come and they can have an appropriate plan on staffing and menu. There is a fact that inventory management is a different side of Hard Rock cafe. It is not too much when saying that the collection of rock and memorabilia is a trademark that makes Hard Rock cafe widespread everywhere around the world.  Customers come to Hard Rock Cafe not only for the meals they serve there but also for the items of their favorite artists that they can find on the cafe walls. These items;  including autographed guitars, outfits from world tours and rare photographs;  are collected and taken care by a special group in Orlando. They manage every single item with every single history, know exactly which item is being exhibit in which cafe on which wall through an inventory system using advantaged technology. An life circle of the exhibition of an item is around 5 to 7 years. After these years, the item is brought back to Orlando and renovated while another item is being replace it on the wall Hard Rock Cafe has lunched the first restaurant in Ho Chi Minh City through franchise license bought by Viet Thai International Company (VTI). This restaurant chain has been successful for since 1971 and in more than 166 worldwide locations. It seems that after a year launching, Hard Rock Cafe Vietnam (HRCVN) is on a right direction to the success. VIT (HRCFVN franchisee) has also a long term vision to expand the chain in Vietnam. Director of VIT announced on the launching day that his company will have at least two more Hard Rock Cafe in Vietnam in 2012, one in Hanoi and another one in Dang Nang city (Rock Passion, 2010. n.d.). In order to evaluate if HRCFVN will be a successful model in Hanoi, this writing will examine opportunities and challenges for HRCFVN based on its some key decisions of operation managements. Goods Services Design: As franchise, HRCFVN has been benefited from Hard Cafe international in providing the best quality of goods and services for its customers. Hard Rock Cafe Ho Chi Minh city can served more than 500 customers at the same time, as a result, if Hard Rock Cafe expand its business in Hanoi, this scale would be considered to apply. This would be a good point to served big events and parties meanwhile not many restaurants in Hanoi are large enough. Based on menu of Hard Rock Cafe Ho Chi Minh, they are offering a very diversified and good menu from drinks to eats and even a special menu for kids. These is only one thing that would be a challenge for drinks and eats menu is that the Northern foods are quite deferent with the South. The restaurant needs to do researches to make food and drinks suitable for the Northern peoples taste. Besides, a series of rock t-shirts and pins collections are also offering at Rock Shop. This is unique selling point which is no single restaurant in Hanoi can offer. This would offer Rock lovers opportunities to own a rock t-shirts. As Hard Rock cafe is changing its strategy to response to operation management, they believe that they dont sell meals or drinks, Hard Rock Cafe offers an unique different experience (Hard Rock Cafe Mission). At HRCF Ho Chi Minh, they are offering Rock n Roll memorabilia with hundreds of pieces of guitar, dress of Rock n Roll legends such as John Lennon, Jimi Hendrix, Pantera, Kiss, Van Halen, Motorhead, Pearl Jam, Eagles, Scorpions, Jon Bon Jovi, Steven Tyler, Chuck Berry, Elvis Presley. By offering these items in Hanoi, it would be another key point to pull customers coming to the restaurant. Regarding service design, as Jey and Barry comment that designing services is challenging because they often have unique characteristics and in reality. Seeing s ervice quality point only, there is a big gap if compare Ho Chi Minh City and Hanoi. Service quality in Ho Chi Minh city is always evaluated much better than Hanoi. It would be a challenged point for Hard Rock when they expand to this location. However, Hard Rock Cafe is well know in flexibility with the product, design and so many other aspects of their restaurants based on the local market they enter into. It means that they try to present themselves customizing things to the likes of their local customers. They empower the local franchisee to create their own unique Hard Rock Cafe that delivers unique  guest experience. There is no doubt that they would respect the tradition and culture of the locals and design your restaurant settings with that view in the mind. That would be a key to lead to the success when they do business in Hanoi. Quality Management: As franchisee, HRCFVN will be provided, guided and trained international management standard which Hard Rock Cafe is applying worldwide with almost 40 year experience. The local owner VIT will have many opportunities to learn how to manage Hard Rock Cafe in Ho Chi Minh and then apply key learning for location in Hanoi. In addition, VIT is also a big name in food and beverage industry in Vietnam. They are owning and operating High Land Coffee brand which has more than 60 high class coffee chain nationwide with more than ten years experience. They also have a high qualified management team who would be a good source for the business expand. Location:. It is clear that Vietnam in general and Hanoi in particular are a safe place to invest with high stable political conditions. Furthermore Vietnam is the second fastest economy growth in Asia Pacific with the 13rd largest population in the world. The capital of Vietnam is a good location to invest as the income of people is increasing quickly. As a result, customers would welcome a high end restaurant with deferent selling points as Hard Rock Cafe even they have to pay more. Besides, Vietnamese society is more open with Western life style, thus in term of social norm, it is not hard for customers to experience a new style in town. There is an another key point that need to clarify that any restaurant must pay much consideration location of restaurant. Location is sometime considered counting up to 80 percent of successful opportunity in restaurant business. In fact that Hanoi is now hard to find a good location to Hard Rock as good and convenient venues are been already occupying by other competitors. Thought the current owner of Hard Rock cafe Vietnam is very successful in finding perfect location for their High Land Coffee chain, but to open a Hard Roack cafe would be definitely harder because they need a much larger location than a coffee shop. Supply Chain Management: It is not difficult to find a qualified suplier who can provide fresh, quality materials and products to the restaurant. Metro supermarket (a giant wholesales supermaket from Garmany) has at leat two distribution centers in Hanoi which are current main suppliers for five star hotels and retaurants in the city. In addition, there are ten of smaller supliers who can meet whatever Hard Cafes demands. The distant from Metro and other suppliers to the dowtown of Hanoi is around 15km, 40 minutes for trucks or vans reaching any place in the city to provide foods and drinks on time. There is a taugher task which would be a moving the memorabilia among locations to change the experience every time a guest visit. This is a key point in supply chain to create the best circulation items among its members. Human Resources: It is a strengthen point if Hard Cafe expand its business to Hanoi. As one of the best high end coffee chain, VIT has a large number of qualified employees who are ready to start these project as key members. In reality, VIT has several other restaurant projects and they have successfully used their current human sources to solve one of the most difficult tasks in any business ventures people question. Regarding recruitment of employees who are are passionate about music, love to serve and convey the experience to customers, it is not a big challenge as Hanoi labor force are young and well educated. The recuitment can target to hundred of thousand students who are learning at ten of colleages and universities in Hanoi. These targeted employees are passionate to RocknRoll lyfe style and would be the best front liners to spread the spirit of this concept to local customers. As an international restaurant chains, Hard Rock will provide professional training courses for local employees with international standards which will be opportunity point for Hard Cafe in Hanoi to have better employee team with international standard. Inventory Management: There is no big challenge for inventory of Hard Cafe as key supplier can be reached by in 40 minutes by vans and there are many alternative suppliers who ready provide and meet all demands. Thus, inventory should limit to minimize volume except special food and raw material which take time to import. Memorabilia are more challenge for Hard Rock inventory as it 0000 pieces will be circulated among 160 locations around the worlds. However, it seem that this work has been well organized by Hard Rock Cafe International with $40 million valued memorabilia are catalogued, each piece is known where to be (Gusa and Inci, 2008) Scheduling: Based on the current business model of Hard Rock Cafe in Ho Chi Minh city is offering full service event planning facility for all events. Catering, entertainment, and event merchandise can be customized to complement every event (Hard Rock Cafe HoChi Minh, n.d.). if this scale is applied to Hanoi location, this restaurant can be seen as a medium and large size in the city. All community event in the area will be targeted. With the unique and deferent point of sales, it is potential that Hard Rock Cafe would be a favorite venue for events related to young customers. However, there is only challenge can be seen that the restaurant will not be an attractive place for tourists, especially for those who come from Western countries. The reason can be explain that if you travel to The U.S, it would be good to explore Hard Rock Cafes Rock n Roll experience right in the home land of this music. However, this purpose will less attractive when the restaurant is locating in an Orien tal country likes Vietnam. It is also a challenge point that Hard Rock Cafe will take longer time to reach ROI (Return on Investment) points than Hard Rock Cafe in Ho Chi Minh city because, outside dining culture is more popular in Ho Chi Minh city. People spend much more budget to eat outside any place in Vietnam, particularly during the weekend. Second, Hard Rock Cafe needs to invest a large of capital to reach premium standard as requested by Franchiser. However, to expand business in Hanoi is a right direction and it should take action as soon as possible as they as have set successfully a first step in the main market of Vietnam.

The History of the Computer :: Computers Technology Technological Essays

The History of the Computer "This reminds me of a revelation I had a few years ago, after getting my first CD-ROM drive. I'd manage to misplace a CD containing a multimedia encyclopedia and eventually found it sitting on the floor under my desk. I realised then that never before in human history had it been possible to lose an entire 28 volume encyclopedia by dropping it behind a piece of furniture. Now that's what I call progress!" (Computer Quotes) The information age is marked by the widespread use of the personal computer. Beginning with Ed Roberts’ first computer through to the development of the world’s fastest computer in Japan, the use of the personal computer has revolutionized our country, and in fact, our world. Although Roberts created the first computer, there were many stepping stones that led up to its conception. For instance, he negotiated with Intel to use their silicon chips. These chips were an uprising in their own creation. Robert Noyce and Gordon Moore created them. This in turn was modified to become a single-chip microprocessor. This was very important because it could be programmed, and memory could be added onto it. Thus, using Intel’s chip as a foundation, Roberts created the first computer, the Altair 8800. His company, Model Instrumentation Telemetry Systems (MITS), marketed these machines as a last hope strategy to decrease debt within the company. Little did they know that the demand for the Altair 8800 would never die down, nor that it was a great rise in modern technology. Because of the rise in interest in computers, there formed a group, Homebrew Computer Club, which discussed how to build computers. One of its members, Steve Wozniak, soon created another version of a computer, the Apple I. Other computers also built around 1977 were the IMSAI 8080, built by IMSAI, Radio Shack’s TRS-80, and the most advanced thus far that year, the Commodore PET. This machine, contrived by Commodore, had a monitor, keyboard, and cassette player, as opposed to antecedent devices, which had switchboards and lights to indicate signals. Apple soon was influenced by this computer, and decided to make their next computer, the Apple II, a more consumer-friendly machine, in 1979. Thus, it was enclosed in a plastic casing and came with a video monitor, keyboard, cassette interface (which stored data), and game paddles. It was also capable of having stored programs, or installing programs onto it.

Massive disappearance

You awoke one day then you find that the world becomes suddenly empty of about 11 million Latinos that comprise at least the area of California. This is the controversial core premise behind the film â€Å"A Day Without a Mexican†. In essence, the film appears to highlight the idea of how America at least is dependent on the workings of this often-abused sector of the society.Directed and co-written by Sergio Arau along with Yareli Arizmendi, the movie emphasizes the stereotyping of Latinos as Mexicans in California, and presumes all of these individuals are illegitimate immigrants. Moreover, the primary message that the film seeks to convey is that many individuals in the society take for granted the contributions brought both by legal and illegal Latino immigrants who work for these people.The range of the contributions of these Latinos covers most—if not all—of the essential endeavors in the society. From being a fruit harvester to being elite executives in a renowned place like California, Latinos play a huge role in the performance of the nation’s economy. This is one of the significant messages underlying the movie which is based on a brief film of the same director.The content of the movie can be summarized in the idea that an unexplained event covers California. That is, people within the state cannot communicate with individuals residing outside California. This is coupled with the disappearance of all the Latinos which heightens the chaos that surrounds the people.Particularly in California, the film depicts the central idea that nobody in the place likes or appreciates Latinos. This feeling is overturned by the sudden events in the movie, specifically the part which shows the disappearance of the Latinos.What the film is essentially attempting to establish is this idea: that, perhaps, the only way for everybody to realize the social worth and individual importance of these Latinos is to make them feel their absence in the society. That way, the disappearance of the Latinos will force these people to do the usual things and important social roles by themselves—which is why Latinos are an important segment of California.The movie narrates this plot by portraying the lives of four individual characters, all of whom share an integral part in their respective professions. A teacher as well as a common housewife, Mary Jo Quintana shares the same effect of the wide disappearance of Latinos with Senator Abercrombie, Louis McClaire, and Lila Rodriguez. In general, the massive disappearance opens up their once-private lives.As experts bring up various theories in an attempt to explain the disappearance of the Latinos, the status of the entirety of California starts to decline. The events led to the depreciation in the cleanliness of the state as garbage mounts in the streets of California and in the economic devastation of the state. This in particular sums up the idea that, indeed, Latinos have an impo rtant role in the continuance and progress not only of California but of America as a whole.

How to Write Finance Term Paper Guidelines for Students

How to Write Finance Term Paper Guidelines for Students Effective written communication skills are of great importance to anyone at university and in a future career. That’s why academic writing is an essential part of the education process and typically, college and university students are assigned lots of different papers in practically all college subjects and finance is no exception. There are different types of written assignments you may need to complete as a part of your coursework in finance, for example, business essay, business reports, case studies, research papers etc. In this finance term paper writing guide, we will concentrate on writing a finance term paper but the principles we discuss here may be applied to other different types of communication. You will learn: what a finance term paper is; how to choose a winning topic; how to structure your finance term paper and organize the writing process; how to edit and proofread your term paper in finance. Besides, you’ll find here a short list of impressive term paper topics that can serve you as great ideas for your inspiration. Keep reading. What Is Finance Term Paper? A finance term paper is a research paper that students who study finance in college have to complete and submit at the end of the term. Term papers typically account for the major part of student grade in a certain course so you need to approach them seriously. Your assignment when writing your finance term paper may be to describe a concept, an event or argue a certain point. You have to discuss a specific finance topic or issue in detail and your term paper must be several pages in length. It goes without saying that this work must be absolutely original and demonstrate your good understanding of the topic and your analytical and critical thinking skills. The key to the success of your finance term paper is getting its structure right. Let’s outline the structure of a basic term paper. The basic structure of a typical finance term paper is the sequence of certain parts: The Title page includes information about the paper title, its author, and the educational institution; The abstract is a very brief summary of the entire paper; it is one paragraph of not more than 250 words in length (often it is even shorter); The introduction sets the scene or lays background or foundation to the term paper. You need to explain what your topic is and why it is worth studying; Methods section gives details on how the research was conducted; Results section describes the paper’s findings; Discussion section gives a summary of the results, their interpretation and explains why the findings are significant; References include a list of books or articles cited in the paper. Your instructor may offer you to complete your finance term paper in a different format so you need to read the assignment guidelines carefully and follow them in your writing. Now you have an idea of what a finance term paper is so let’s discuss another important question – how to select a winning topic. How to Choose a Great Finance Term Paper Topic Typically, the topics for term papers are assigned by instructors but sometimes, students are given the freedom to select a topic on their own. If you are a beginner in studying finance, it can be rather tricky. Here are some easy tips on how you can successfully do it. Pick a topic you are interested in. You are likely to enjoy writing your term paper and your audience will appreciate your enthusiasm and your passion when reading your work. The writing process is long but it is always easier to do something and overcome difficulties if you like what you are doing; You can look for finance term paper topics ideas online, in authoritative newspapers and journals, in databases of your university library etc.; Choose a topic your already know something about. It will be easier to perform research and evaluate your sources; The majority of topics are too broad to cover them in a limited format so you should always narrow your finance topic to a manageable size that will fit your word limit. For example, the topic ‘profitability of banks’ is too broad for a term paper format so you can narrow it to ‘influence of interest rates on the profitability of banks’. Lack ideas for writing your finance paper? Here is a short list of interesting finance term paper topics that can be useful for brainstorming your own ideas. You can also use any of these topic ideas for creating your own term papers in finance. Compare Capital Markets of China and The USA; Future of The Global Financial System; What Was the Effect of The Global Financial Crisis on the Financial System of the United States? Drivers of an Economic Growth in The European Union; How Can We Predict Speculative Asset Bubbles? Analysis of The Profitability Of The USA Banks; How Does Interest Rate Influence Share Price? Aspects of Financial Performance in The Baking Sector; How Does Capital Structure Affect Profitability? Risk Management in an Enterprise. Doing Research If the topic for your research paper was given to you by your instructor, you have to analyze the prompt for keywords that explain the issue or topic, for example, argue, evaluate, discuss, prove, analyze etc. Before you start doing the research, you need to know precisely what you have to do and what content is required. Then, you’ll be able to make an informed choice of your primary and secondary sources. First, you have to plan your research and consider what sources you can use to cover your topic. You have to consult the materials that are available in your university library. You can use books and articles in printed journals or in electronic format, statistics reports, and databases. Create a preliminary list of sources and start reading. To improve your productivity, you can use scanning and skimming techniques. You should also always keep your research question in mind that will help to concentrate only on relevant sources. Reading broadly can help you get a general understanding of your topic and formulate your perspective on the topic. After that, you can focus your reading on more detailed works. You can search for texts that provide details on the issue using library databases and catalog and reference lists in journal articles. When you finish your reading, you should have a strong position on the issue that will help you create a convincing argument and write coherently. Now you can make an outline and start writing the first draft. An outline will help you keep your writing organized so you won’t miss anything and effectively present all the information you have gathered during your research. Writing Your Term Paper When you have gathered the substantive information for your term paper, you should start writing, taking into account 4 critical elements of writing – organization, documentation, style, and revision. We have already explained that all the components of a finance term paper are divided into sections – introduction, literature review, methodology, findings, discussion, and conclusion. You need to use headings and sub-headings in sections to help your readers follow your presentation. As for the style, your writing should be clear and organized. You should present facts, analysis, and theories using simple declarative sentences. You’d better avoid complex constructions that are hard to follow. As for the documentation, you must attribute all quotations and paraphrasing to the original author. You need to precisely specify data sources to help your readers find them if they would like to read more on your topic. There different formats for documenting sources – APA, MLA, Chicago, Harvard etc. When writing your project, you should follow the format specified by your instructor. Typically, the author-date-page method is used to reference in the text because it is rather simple. Revision is the final key to the success of your finance term paper. You should always reread your first draft with a critical eye and make changes to improve it. Start writing your first draft to get ideas from your brain onto paper and pay attention to these critical elements while working on the term paper sections. Tips to Writing Finance Term Paper Sections: Pieces of Advice from Our Writers In the introduction, you have to state the main research problem and the thesis argument. You should identify the topic of your research and explain why it is important. You should also outline the key points that you are going to present. In the Methods section, you have to discuss the specific research methodology you have used and how you gathered data. In finance, researchers use a variety of qualitative and quantitative methods and you need to explain why you have chosen specific methods for performing your research. In the literature review, you need to provide the context of the existing knowledge in your field. You have to discuss what is known about the subject of your finance term paper. In the Results section, you have to report on data collection and present the main findings. In the Discussion section, interpret your results and discuss your findings by comparing them with the previous research. In the conclusion, you need to give an answer to the research question and offer perspective for future investigation. An abstract is written after you have completed the entire text of your finance term paper and is required when your paper is long and complex. Its length is between 100 to 300 words. You have to describe the essence of your paper and include information about the research question, methods, and key findings. Your instructor will read this part of your term paper first so you should do your best to impress him/her. How to Edit a Finance Term Paper No matter how much outlining and planning you do before you start writing, your first draft just presents raw material and you need to spend some time to make improvements in content, logic, flow, and style. Effective editing of your finance term paper could mean the difference between a good grade and an excellent one so you should devote enough time to editing your term paper. But before you start doing it, just puts your paper aside for some time so that you could edit it with fresh eyes. Editing your own paper is not easy because you have spent so much time doing research and writing your draft that you got used to your term paper and may experience the so-called writers’ blindness. But editing is a vital step in creating an impressive term paper that can get you a high grade. Here are some useful editing tips to help make your finance term paper perfect. Start the editing process by looking at your finance term paper structure. You may need to rearrange your paragraphs to make your structure more logical; Edit long sentences and paragraphs because they are more difficult to read; Improve your word choice and check overly complicated language. Try to use simple words and phrases and aim for clear and concise language; Fix the repetition of words in the same paragraph or sentence. You can rephrase them or use synonyms. Common words should be used only once in a paragraph; Don’t rely on the spellcheck because it can highlight some misspelling and typos but it can’t detect using the wrong words; Omit unnecessary words that just add to the word count to your term paper but they don’t provide any meaning; Take measures to ensure the consistent spelling of the words that have more than one correct spelling; Check the sentences and put commas where you would pause when speaking aloud; Get rid of ellipses and remove tautologies; Ensure consistent formatting that can make your paper look professional. When you edit your finance term paper and make improvements, read your paper aloud. This technique is often used by experienced writers who use it to find and fix some typical mistakes and typos. Use our easy finance term paper writing tips to achieve better grades and results.