Sunday, February 23, 2020

Smoking cigarettes and the strenghts and weakness of the theory of Essay

Smoking cigarettes and the strenghts and weakness of the theory of planned behaviour in explaining this behaviour - Essay Example This is a habit and people become addicted to these kind of things very quickly. Among the addiction of things the addiction of cigarette smoking is very common and popular. A approximate number of adults smoking in United States is about 44.5 million. 23% of the high school students are current smokers. The rate of persons who start smoking is more in students than in adults. This is the major point of concern for the health organization to reduce this rate. Some people smoke to make their image glamorous and effective. The person falling in these categories are most from the reel life persons or star personalities. Military also advertises smoking as glamorous part of life and society. This is a kind of irrational behavior of man that forces him to get addicted to such things in life that are harmful to him. He knows that these are harmful but enjoys the addiction. The irrational behavior is the abnormal behavior of person that is related to his addictions. They do not know how to act at some instance. When they are addicted to something they get unconscious in the absence of it. Who is responsible for this kind of action or behavior the person or the environment around him. About the first cigarette every person thinks that he will not be addicted of it but soon when he is used to the smoking environment he starts it slowly and occasionally. The first cigarette offered to him is just the initialization of his irrational behavior. Smoking for the first time is due to the curiosity of the feeling that something is missing in life and that must be filled by smoking. Smoking is also done to equalize his standard with others of his age. They think that smoking creates a glamorous and mature image. Even in the early stage of smoking majority hates the taste of cigarette but due to the irrational behavior of smoking it makes them feel satisfied of smoking. With first few cigarettes one thinks he would not get addicted to smoking since he is smoking only one or two in couple of days but then sitting in the environment it gets doubled and the person becomes addicted to it very soon. Even then he tries to quit smoking that becomes difficult for him. Then if someone offers you a cigarette you cannot stop yourself from smoking. This forces a person for irrational behavior of smoking and makes him addicted to the heinous act of smoki ng. Smokers have a basic habit of smoking at certain interval or at certain time like in the morning of after having dinner or such time. This makes him slave of cigarette and cannot quit at these times. In early stage of smoking person smokes in group but then individually needs cigarette at certain interval. He becomes dependent on smoking or cigarette. At

Friday, February 7, 2020

Case Analysis of Currency Risk Management Study

Analysis of Currency Risk Management - Case Study Example The organization has two key branches; the Study Abroad College branch, and the High School Travel branch. Archer-Lock is the controller and also the treasurer of the college branch. Tabaczynski manages the finances of the high school division. The college division sends students to worldwide universities for the semester duration activities. Also, the high school division sends students and teachers for trips lasting between one and four weeks (Mihir, Vincent & Anders 1)). The currency hedging measures protect the revenue and profitability of AIFS, from the negative effects of currency exchange rates. This is achieved through the currency forward contracts, in addition to other currency options. The organization hedged its predicted expenses duration for the next two year duration. The main financial challenge that AIFS experienced entailed, implementing the hedge before the full sales cycle and adequate determination of the required foreign currency. There are several basic hedging approaches for handling the foreign currency exchange rates. The techniques are; currency options, forward contracts, currency accounts and loans, and spot trading. All organizations that operate in the international market must analyze the effects of exchange rates changes, on their operations. This will result in determination of the most effective technique for minimizing the foreign exchange fluctuations (Mihir, Vincent & Anders 3). Currency accounts are the most basic hedging technique. The bank accounts are opened in foreign currencies. This is most suitable for organizations with continuous inflow and outflow of cash in foreign currencies. Currency involves borrowing money using a foreign currency. The loan will be serviced in future, through the same currency. Spot trading involves key foreign currencies transactions. Spot transactions are generally applied in