Hedging Strategies using Futures Introduction to Hedging Hedging refers to reducing risk. Let us take a simple example to understand hedging. A farmer expects to produce ‘X’ quantity of a commodity by the end of the cropping season say‚ October. He has to invest a certain amount of money today from his savings or maybe take a loan in expectation of returns he will get in October. But‚ he cannot accurately predict the prices he will get for his produce. A dip in prices could result in a loss. To deal
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CRITERIA OF A PROFESSION Nursing is gaining recognition as a profession. Profession has been defined as an occupation that requires extensive education or a calling that requires special knowledge‚ skill‚ and preparation. A profession is generally distinguished from other kinds of occupations by: a. its requirement of prolonged‚ specialized training to acquire a body of knowledge pertinent to the role to be performed - specialized education is an important aspect of professional status
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My philosophy of nursing is that we must provide care to patients that is competent‚ holistic‚ and patient centered. Florence Knightingale said‚ “Nursing is an art” and “it requires an exclusive devotion as hard a preparation as any painter or sculptors work.” As “artist” we must use our autonomy to continue to improve our form. We must have a drive for lifelong learning and by doing so assures that the patient receive the most efficient care. I will have respect for my work‚ allowing me to be faithful
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ASSIGNMENT: NURSING PROFESSION IS MOST IMPORTANT IN THE CARE OF OLDER ADULTS. THIS IS BECAUSE THE SURVIVAL AND QUALITY OF LIFE OF THE OLDER ADULTS MORE OFTEN THAN NOT DEPEND ON NURSING CARE AND EXPERTISE . by Egbudu Thompson‚ Feb. 15‚ 2103 Introduction. Nursing profession is most important in the care of the older adult. I so much agree on this notion and I believe it is true. The older adult‚ just like every other individual is a biopsychosocial being and therefore requires care that cuts
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Using Cameras and Surveillance in Nursing Homes Kandy Johnson University of Phoenix {draw:frame} (Pillemer & Moore‚ 1990) (Pillemer & Moore‚ 1990) {draw:frame} (Harris & Benson‚ 1998‚ p. 57) Surprisingly‚ another issue within nursing homes is alcohol abuse among the residents. Many residents are misdiagnosed with possessing some form of dementia when in reality the resident is a hidden alcoholic that has gone undetected. This information poses yet another reason for the installation
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Using Cultural Competency in Practice Cultural competencies is a term that has long saturated the healthcare world‚ especially nursing. The United States has become a melting pot of culture and ethnicity and to practice in the hospital setting it is essential to know the backgrounds of your patients and their families. Different cultures have different perceptions on health and illness. Providing culturally competent care includes knowledge about subcultures‚ attitudes‚ and skills that’s supports
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determines what is right). Both of these impact the nursing profession. Modern social exchange theories are based on the principle of utility. Read the assumptions of social exchange theory and consider how these would affect the nurse-patient relationship‚ compared to how these impact the nurse within the health care environment. To what extent are all theories ethical? Is social exchange theory compatible with the values of the nursing profession? Social exchange theory is a social psychological and sociological
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legal environment‚ accountability‚ professional autonomy‚ health care technology‚ and relationships between staff members. If a nurse does not have the full concept of the nursing practice here in American he or she cannot give quality care to patients. My plan of action to ensure that a new foreign nurse understands the nursing process is by incorporating a training session before the preceptor program even begins. This educational course would cover communication skills‚ documentation‚ and the expectations/policies
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STEP BY WICKED STEP Themes ~ Step By Wicked Step Family relationships Coping with new family members for example Pixie understands that her new stepmother is having as much trouble ‘adjusting’ as she is. Family unity The nucleus of moral values‚ “the family unit‚” is being invaded by outsiders (‘step’ or ‘steps’) and this causes disharmony. Dealing with adversities Young children and adults may find difficulties dealing with frustrations‚ fears and sadness. Being happy ‘Life has
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FACT SHEET: BASIC RIGHTS AT WORK maximum weekly hours the right to request for flexible working arrangements (for those with children under 5) parental leave and related entitlements 4 weeks annual leave (pro-rata if part time) (5 weeks if a shift worker) 10 days personal/carerʼs leave and compassionate leave (pro-rata_ unpaid community service leave long service leave paid public holidays notice of termination and redundancy pay the Fair Work Information
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