Thursday, November 14, 2019

Terry Fox Essay -- essays research papers

In Canadian history there are many famous people. In my mind one really stands out among the rest. His name is Terry Fox and he is one of the greatest athlete to run on the face of this planet. Terry discovered he had cancer and then decided to run across Canada. He was a brave man who would take what the world through at him. Running across Canada was his way to show the world that he was not going out with out a fight. Terry Fox was born in Winnipeg Manitoba on July 28 1958 Terry was raised in port Coquintlam, British Columbia. He was very athletic from a young age. When he was in grade eight Terry was rated nineteen out of nineteen on his basketball team. For that first season he was on the court for approximately one minute. This did not affect Terry and did not let it get to him, fore just two years later Terry was the starring player on his team. By the time he graduated he became one of two athletes to receive the schools highest athletic award. Terry knew that aches and pains are common in athlete’s lives. At the end of his first year of university there was a new pain in his knee. One morning Terry woke up to see that he could no longer stand up. A week later Terry found out that it was not just an ache he had a malignant tumor; his leg would have to be cut off six inches above the knee. Terry’s doctor told him that he had a chance of living but the odds were fifty to seventy percent. He also said that he should be glad it happened now fore just 2 years ago the chance of living was fifteen percent. The night before his operation a former coach brought Terry a magazine featuring a man who ran a marathon after a similar operation. Terry didn’t want to do something small if he was going to do something he was going to do it big. "I am competitive" Terry said, "I’m a dreamer. I like challenges. I don’t give up. When I decided to do it, I knew it was going to be all out. There w as no in between Terry’s sixteen month follow up he saw all the young people suffering and getting weak by the disease. He never forgot what he saw and felt burdened to thoughts that died to run this marathon. He was one of the lucky one in three people to survive in the cancer clinics. Terry wrote asking for sponsorship " I could not leave knowing that these faces and feelings would still be here even though I would be set free of mine, s... ...sed in the middle of the street. "Yesterday I could run twenty three miles and now I can’t cross the street." Terry said. Terry’s mother cried as Terry spoke to the reporters "Well, you know, I had primarily cancer is in my lungs and I have to go home." His voice broke as he spoke. But he continued "and have some more x-rays or maybe an operation that will involving opening my chest or more drugs I’ll do everything I can. I’m gonna do my best. I’ll fight. I promise I wont give up." His father pleated with him to give up and take the rest of his life slowly. For ten months Terry battle with the disease left him in pain for most of the end of his life. Terry died with his family beside him on June 28, 1981 one month before his twenty third birthday. Terry Fox in my opinion was a true Canadian hero He went to his limit to fulfill the dreams of all his friends that he made in the cancer clinics. He gave his life to those people and died for them. Terry is not a person that anybody will forget. He is and amazing person and a good role model for anybody to look up to. He has proven that he can take anything the world throws at him.

Tuesday, November 12, 2019

Myer Holdings Limited (Myer)

Prospective analysis – forecast The previous reports have already approached the industry and financial analysis of Myer. This report will analyze the forecast, valuation and application of Myer, including forecasting the major data, valuating share price under four model and discussing the opportunity and challenge of Myer. 1. Forecast sales growth rate As one of the most important indicators, sales can reflect directly Myer’s financial performance and influence other indicators. Therefore, the forecast of sales growth rate is the foundation for forecasting Myer.Based on the previous annual reports from 2007 to 2011, Myer’s sales are not optimistic and the average growth rate is negative 2. 89%. The decline of both global economy and purchase power of consumers in Australia will lead to the depression of whole industry and unsatisfied performance of Myer in 2012. Additionally, growth of 20% online shopping shows that more and more consumers prefer to purchase on line instead of in the shops . Therefore, negative 1% of sales growth rate for Myer can be assumed in 2012. However, Australia would have a weakening global economy impact and have strong national growth in the future .According to IMF, Australian economy growth rate is expected up to 3. 5% in 2013 . Considering the previous performance of Myer, 2% of growth rate can be assumed for 2013. After that, 3% of growth rate can be assumed from 2014 to 2017 and the sales would approximately even to 2007. (See below chart) Previous years ‘00020072008200920102011Average rate Sales3,002,3532,940,3312,798,9162,825,0342,666,803? sales growth? -2. 07%-4. 81%0. 93%-5. 60%-2. 89% Future years ?2011201220132014201520162017 Sales growth? -1%2%3%3%3%3% 2. Forecast ATO & calculate NOAAccording to the past five years’ data, Myer’s Assets Turnover ratio (ATO) declined slowly following the decrease of sales, apart from 2011 down quickly. Therefore, the average rate 2. 05 can be used to predict the future years. (See below chart) ? 20072008200920102011Average rate ATO2. 02 2. 282. 152. 001. 772. 05 3. Forecast PM & calculate NOPAT Profit Margin (PM) is another important indicator in forecasting Myer’s performance. This indicator relates between the sales and cost of goods sold and operating costs. The competition in retail industry is stronger than before.That means through increasing sales or decrease COS to increase PM is more difficult. The change of PM fluctuated markedly in the last five years. In order to fairly predict the data, the average of 7. 5% can be used as the future PM growth rate. (See below chart) ? 20072008200920102011Average rate profit margin4. 7%13. 4%4. 9%7. 8%6. 6%7. 5% 4. Forecast net dividend payout Dividend payout is a significant indicator to influence share price. Therefore, estimating this rate means the people can determine Myer whether focuses on benefiting shareholders and beautifies share price or not.According to the past 5 years, only 3 years Myer paid dividends. After calculation, the average rate based on 3 years is 45% and 5 years is 27%. However, 27% is too low for shareholders if Myer earn more profit base on the forecast. In addition, most of dividends payout is higher than 50%. Therefore, the forecasting dividend payout rate is estimated by 45%. (See below chart) ? 20072008200920102011Average rate(3yrs)Average rate(5yrs) Dividend0%50%0%28%59%45%27% 5. Forecast cost of debt and debt balance Basically, cost of debt means the expense of liabilities.Determining the cost of debt is as well as setting up the financial structure such as how much debt Myer plan to borrow. According to the previous data, Myer repaid a huge amount of debt in 2010 and led to the cost up and net debt down. However, the debt did not rise up again and kept the similar level as 2010. Therefore, concerning about the cost of debt, the average of 10. 75% seems more reasonable to predict the future. (See below chart) ? 20072008 200920102011Average rate % cost of debt6. 25%6. 41%6. 36%30. 31%4. 41%10. 75% net debt (ND)928,503 856,242 904,258 414,574 457,362 ?Prospective – Valuation Four methods are used to valuate Myer, DDM, DAE, DAOE and DCF. In addition, two ways are used to determine cost of capital, which are CAPM and WACC. In CAPM model, risk-free rate, risk premium rate and ? are assumed separately 4. 5%, 6. 5% and 1. 1. It is not easy to determine ? because it changes every day. Assuming 1. 1 for? means the fluctuation of Myer share price is a little stronger than the market but not too much . Therefore, cost of capital (Re) is calculated by the formula and equals to 11. 65%. This Re is used in DDM and DAE. In WACC model, because Re is 11. 5%, Rf is calculated by formula and equals to 11. 43%. This Rf is used in DAOE and DCF. The share price is calculated by these 4 different models. (See below chart) ModelForecast Share price in 2012 DDM1. 7423 DAE2. 4548 DAOE2. 5603 DCF2. 5603 DDM is influen ced strongly by dividends because this model uses dividends to calculate value of shares. If the company does not pay dividends, the share price would be lower. Myer is estimated to pay dividends in 45% and the share price closes to market share price. (See below chart) DateLast % Change High Low Vol * 24 Oct 20121. 950-1. 27% 1. 621. 9306,259,477 This model is easy to understand Myer’s business conditions. However, this is affected by dividends too much and dividends are not always linking the value creation , the valuation model seems very limited. Obviously, this cannot reflect the Myer’s real value and conditions. Additionally, compared to DDM, DAE involves in other indicator abnormal earnings to value Myer share price and is better to present Myer’s conditions. Myer share price in DAE is higher than DDM because it reflects book value of equity and PV of future abnormal earnings to add share value.Therefore, this is more close to the real performance of Myer . Also, DAOE model is similar with DAE apart from that DAOE focuses on the equity which is determined by operating abnormal earnings. This eliminates the influence of Myer’s financial activities to calculate abnormal earnings. However, Myer’s financial value has been added to the equity finally. Therefore, this can reflect Myer’s condition in operating. Finally, DCF model focuses on cash flow which results in the equity increases. Usually, it can get the same share price with DAOE, but does not affected by accounting rules.However, investments are treated as losses for cash flow, which can bring more future benefits to Myer. Therefore, if Myer plans to use investments to produce free cash flow, then this model is very close Myer’s real conditions. Prospective – Sensitivity On one side, Myer is department store and compete in retail industry. Seasonality is more significant aspect in retail industry. The boom seasons for Myer are the end of financia l year and Christmas holidays. Also, the weather, new products in season or other factors are the aspects which Myer is sensitive.On the other side, according to Appendix 4, the four models of sensitivity can be analyzed. For the indicators of sales, ATO, dividend payout, DDM is the most sensitive, while DCF and DAOE are not sensitive. However, DDM is not sensitive in debt, while DCF and DAOE are most sensitive. Application Opportunities According to the forecast analysis and valuation, Myer has some possible opportunities to improve herself and get rid of the difficult conditions although the depression of condition expands the whole retail industry. Myer is predicted to pay more dividends to their shareholders in forecast analysis.This will addict more investor to buy shares and this can push the share price to rise up. Also, the book value of equity for Myer can be increased and this leads to no one can buy Myer’s share lower than book value. Therefore, a higher merger val ue or acquisition value can be created. Eventually, Myer will get more capital to investment. Therefore, Myer has an opportunity to invest this implemental capital. Concerning about the future economy, Australia will have strong domestic economy increase . As a result, Australian consumption and requirement will be up.Therefore, keeping and maintaining domestic consumers are still the main tasks for Myer. With the online shopping eroded the traditional shopping stores, Myer should improve their online shopping services, such as beautifying and making it convenient for customers. Myer’s CEO announced they would launch a new â€Å"omni-channel† service to stimulate consumers shop online . Obviously, Myer has already recognized online shopping is the main method to regain market share. Additionally, expanding the overseas market seems a good lamb for Myer to increase profit.Recently, Australia government has signed two Free Trade Agreement negotiations with China and Japa n separately. This provides a firm foundation to encourage more foreign investments between Australia and both of countries . Therefore, Myer can be provided more supports to invest in China and Japan. There are three reasons for Myer to choose China rather than Japan to set up the first overseas branch. Firstly, 1. 34 billion of China population is more stable for consumption foundation than 127million of Japan . Secondly, the advantage of exchange can provide more benefits for Myer to invest in overseas.Thirdly, more products of Myer are produced by China; therefore, setting up branch in china can save the delivery cost and tax. Challenges Although Myer’s forecasting is more profitable, it still has a potential challenge for borrowings. First of all, the purpose of loan for Myer may be to expand its shops or update its online shopping. These have more chances to be long-term debts instead of short-term debts. However, when they are in the lack of cash flows, Myer may pay di vidends through borrowings. Although this can be short-term debts, it is not for earning profit.Therefore, both of these are risky for debtors. Secondly, the figure shows that Myer would not plan to increase its financial expenses. That may be Myer prefer to get more funds from shareholders and her own operates rather than debts. This looks lower risky than people’s anticipation while it also means Myer would slow the repayment of debt and the previous debt risky will be raised up. Thirdly, the steady growth rate of dividend payout shows Myer would pay more dividends to benefit their shareholders when they earn more money instead of pay the debt or reinvest.In other words, Myer prefer has more long-term debt than short-term debt and maybe the benefits will be impaired. Therefore, the debt’s risk of Myer tends to be increased by Myer’s trend. Fourthly, the debt leverage looks healthy. However, the decrease of debt leverage is because not only the debt decreases, but also the net operating assets increase. Above all, Myer probably has problem when debt from debtors. Therefore, a detailed loan structure should be planned to make debtor have more confidence and willing to borrow money to Myer.This loan structure need to concern about the percentage of debt and equity for Myer. Also, the percentage of long-term debt and short-term debt should be considered. In addition, the purposes of debt need to be clear, easy to understand and report to debtors and shareholders. Conclusion To sum up, these analyses are really useful to approach Myer’s conditions and performance, and also can give some particular information through valuation. However, there are not perfect analyses; people still need to look for more effective analyses to value the firm.

Sunday, November 10, 2019

Experimental Hypnosis

Hypnosis is defined as â€Å"A trancelike state resembling sleep, usually induced by a therapist by focusing a subject's attention, that heightens the subject's receptivity to suggestion. The uses of hypnosis in medicine and psychology include recovering repressed memories, modifying or eliminating undesirable behavior (such as smoking), and treating certain chronic disorders, such as anxiety† (American Heritage, 2012). Its name comes from the Greek language â€Å"hypnos† meaning sleep. Hypnosis is a natural state of mind.This state of mind is known as hyper- suggestibility where a subject is more prone to change if guided by the hypnotherapist in the direction of his desire. While in this hyper- suggestible state, the mind has the power to change an association, get rid of old pains or accept new behaviors. The first to start studying the use of hypnosis was Franz Anton Mesmner in 1700, a Swiss medical doctor that noticed that patients with pains responded very well to inductions of sleep, which allowed them to lower their pains. A revision of Mesmer’s theories was made by the English Doctor James Braid.He coined the name hypnosis, and that is why he is regarded as the father of hypnosis. Dr. Braid used hypnosis extensively in his medical practice. Sigmund Freud also used hypnosis and was impressed by the therapeutic potential of hypnosis for neurotic disorders, but his focus on the mysterious element of sexual nature made him abandon it for psychoanalysis, and with the beginning of psychoanalysis the focus on hypnosis started to decline. In 1958 the American Medical Association recognized hypnosis as a legitimate cure in medicine.In May 2001, at the Australian Medical Association, Dr.  K Phelps stated, â€Å"as evidence emerges that some complementary medicines are effective, then it becomes ethically impossible for the medical profession to ignore them† (Cowen, 2004). In this statement she is referring to some alternative medici ne practices including hypnosis. The mind is the power behind it all, and hypnosis guides this power to heal mind, body and soul; thus hypnosis is a useful tool to cure mental disorders. Hypnosis should be used more often in psychological treatment because it is an effective, safe and proven tool.Hypnosis was proved to be effective by several Doctors and therapists in the field. It all started with Mesmer and his animal magnetism. He noticed that by passing his hands close to the body to allow the â€Å"magnetic fluid† to flow from his fingertips into the client’s body, he could restore balance and health, and it only took three sessions for a diseased person to heal. People were amazed by how clients would be cured from incurable conditions, but Mesmer clashed with the medical field when a client cured of blindness relapsed. Then he moved to Paris where he practiced magnetism.James Braid was an English surgeon and writer on hypnotism. He is the one that coined the nam e hypnosis and demonstrated that it was not animal magnetism, but it was just achieved by suggestion. His writings are what led to future research and development of hypnosis and the investigation of what was later called the unconscious mind (E. Hilgard, 1984). Milton Erickson, the founder of Hypnocounseling, was a major influence in practices of counseling and psychotherapy, and his methods are without doubt the fasted growing in the western world in the field of psychotherapy.He was also one of the most prominent founders of neurolinguistic programming (NLP). He was also very influential in the in family and brief systemic therapy model of the Mental Health Research Institute. His work has been so original and creative that he was nicknamed â€Å"Mr. Hypnosis† (Gunnison, H. , 1990). He also was the founder and first president of the American Society for Clinical Hypnosis, as well as the first editor of its journal. Erickson goal was to give back to their clients their pers onal power and control over their lives with the use of â€Å"implied directive language.†Instead of saying, â€Å"Sit back in the chair, relax, and listen to my voice†, he would say: â€Å"You can sit back in the chair and you might even relax and listen to my voice. † â€Å"The word can suggests that you have the ability to sit back in your chair and also sets up an implied choice, that ‘you can choose to sit back in the chair, if you want to-or not’† (Gunnison, H. , 1990). â€Å"The use of words such as can, might, could, and possibly makes for communication that remains tentative, open, highly respectful of the client’s world and wishes, and implying client choice and power.IDL exists at the heart of hypnocounseling. † (Gunnison, H. , 1990). His hypnotic language was focused on enabling the clients to believe that they could change, since the root of all people’s problem is that they do not know how to change and they do not think they can change. But Erickson knew that changing is easy; the way to make it happen is for the person to believe they can change and to make a â€Å"choice,† to make the â€Å"decision† to change. Without that permission the mind will always keep the old program because the subconscious mind follows orders and past decisions like a slave.It will not change because one hopes to change or because one wants to change. It only changes when one tells it to change, when one makes that important decision like: I decided to quit smoking; I am doing it today; I decided to let go of all past hurts and to be happy now; I choose to be a success regardless of what others think of me, and so on. In order to enable the client Erickson would use suggestions such as: â€Å"You can begin to change when you choose implies that you have the ability to change and the presupposition denotes, of course, that you will when you choose to.This is an effective strategy for changin g perceptions† (Gunnison, H. , 1990). Another of his powerful suggestions is: â€Å"You can now curiously take this time to wonder about different ways to change. Isn’t it exciting to realize that you have the power to choose different ways of being? † (Gunnison, H. , 1990) (The italicized words will be said with a higher or lower tone of voice to emphasize them. Another successful technique is called Reframing. â€Å"Reframing represents the idea that individuals can â€Å"break out of limiting misconceptions to a broader understanding of human possibilities† (Gunnison, H., 1990).A picture will look totally different in a pink frame or in a black frame. In order to accomplish this, Erickson would use techniques like: â€Å"You know I can hear your sadness and loss and at the same time I sense a very deep courage inside of you that you can draw upon. Isn’t it interesting that we can discover strengths we didn’t realize we had during times o f travail and pain? † (Gunnison, H. , 1990). Hypnosis is safe. The general belief about hypnosis is that the hypnotist will be in control of the client’s mind while under hypnosis.The truth is that every form of hypnosis is a form of self-hypnosis where the hypnotist just guides the client to let go of the old associations and accept new ones. The heightened concentration created by hypnosis makes resource retrieval and association easier for the client's Adult and Child. Hypnosis allows the client to effortlessly shift attention to supportive ego states and build strong associations between each of them and offers the resources the Child needs to maintain the re-decision†(Singer, W. B. , 1952).Change is a much easier process under hypnosis, where the mind is more suggestible and open to change than during the wakening state where the mind is protecting itself from change. The way the session works is that the hypnotist tests responsiveness to find out the level o f susceptibility with suggestibility techniques. The session starts with the induction technique that allows the client to enter the hypnotic state; deepening techniques are then used to facilitate a deeper state of hypnosis and therefore of susceptibility.While the client is in this deeper state, the hypnotist will use hypnotic suggestions to attempt to create new associations in the client’s mind while allowing old unwanted associations to be removed. There are many things the hypnotist can do while the client is in this state. A very successful technique is the abreaction extinction technique. This technique is very useful for people that had small or big traumas that created a mental or psychosomatic scar. This metaphorical â€Å"scar† is the one responsible, most of the time, for client’s disorders like depression, anxiety, guilt and sabotaging behavior, addictions, and so on.The abreaction happens when the hypnotist asks the subconscious mind to bring up a significant emotional event that hurt and caused the particular issue that the client wants fixed. The subconscious will bring up an image of an event or a memory that created the problem in the first place. The hypnotist can then extinguish the cause and create new associations to replace it. I had a personal experience with this last one where for nine years I suffered from debilitating, atrocious pain cramps from periods. While I was under hypnosis and I was asked for the memory to come up, a memory actually did come up.It was an event that was not that big a deal for me, but as soon as I saw that memory in my mind I thought: I must have done something wrong to deserve this. This was a phrase that continuously I would never even think about having, but my subconscious did. The skilled hypnotist removed that association and two days later I was shopping with no period cramps, something that never happened in the previous nine years. Another technique that is quite a success is th e switching technique. In this technique the clients are asked to remember an event where they felt how they would like to feel today.For a person that was happy and then got depressed, or for a person that was successful and then got broke, this is a very useful technique. The reason why is that many people are happy as they grow up; as kids they play, and their parents take care of the bills and protect them from harm, and everything is wonderful. One day, as grown ups, they get a bad experience. The husband dies, they lose their business or their home, somebody steals from them, and the clients start developing mental distortions or disorders or even start suffering from psychosomatic diseases.With this technique the hypnotist can easily re-create the old association in the client’s mind by simply switching the bad association with the old new one. The clients will then be back to the old happy people they wanted to continue to be. At the end the clients are slowly awakene d. One of the best and most powerful hypnotic techniques is the post-hypnotic suggestion technique. This was greatly used in the Veterans Administration Hospital, Vancouver, Washington, where there were very few beds available and many requests for them.Therefore the hospital adopted the use of hypnotherapy to speed up the improvement of their patients in order to free beds quickly. Patients were given post-hypnotic suggestions that when they were coming to group meetings they were going to discuss their problems and have a high level of motivational participation allowing their patients to improve faster. (Singer, W. B. , 1952). One of the most amazing post-hypnotic suggestion is the one used to change neuron pathways. For example, people that have addictions have automatic responses to triggers. They smoke after dinner, in the car, after class and so on.They have created a habit. In this case the hypnotist gives a post-hypnotic suggestion to reverse the habit. A good suggestion wo uld be: Every time you finish eating, you just enjoy the flavors in your mouth and even if you think about smoking a cigarette, you can’t, so go back to the things you need to be doing. In this post-hypnotic suggestion the clients will be amazed to see that after dinner they will try to go for the cigarette, but they will refuse it. In some hard cases the suggestion would be: Every time you put a cigarette to your mouth you experience that bad taste in your mouth as if it were puke.Of course the client needs to give permission to this suggestion, but it is very successful and many clients, as soon as they put their cigarette in their mouth, they literally will puke: That is how powerful the suggestion is. Another example of post-hypnotic suggestion is people will experience a bad event which will trigger them to become depressed, and days later they forget about the event, but still feel depressed not knowing why. In these cases the hypnotist gives a post-hypnotic suggestion that every time there is a bad event, they can still feel good and move on.Therefore, clients that are in hard life situations and still are able to handle them with a smile on their face, because the suggestion has been programmed and the mind no longer accepts being sad from outside forces. Another very useful post-hypnotic suggestion is for people that focus on problems. The mind can focus on either negative or positive, either problems or solutions. It can only think one thing at the time; therefore if people think about the problem, the mind would not give them a solution.At the same time, if the person focuses on the negative, the mind would not be able to think of the positive; hence, the person focusing on the negative will start to become depressed because the mind only sees negative. This could be represented in John Milton’s quote, â€Å"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven†. In this case the post-hypnotic sugg estion would create an auto response that every time the person starts to think negative or problems, the mind will quickly just focus on solutions, focus on the positive while fixing the problem.The amazing fact is that this is all it takes to cure depression in a few sessions. This is confirmed by many therapists. One of them, Elke Kellis, wrote that the use of hypnosis has been well documented and is highly effective for depression. â€Å"Hypnosis can be useful in deepening and enhancing particular cognitive interventions such as cognitive restructuring, increasing confidence, coping better with life’s challenges, shifting focus from failure to successes, enhancing a sense of control, improving relaxation, and increasing frustration tolerance† (Kellis, E., 2011).Also, Assen Alladin from the University of Calgary Medical School, Alberta, Canada â€Å"advanced six clinical reasons for using hypnosis in treating depression: hypnosis a) amplifies subjective experience; b) serves as a powerful method for interrupting symptomatic patterns; c) facilitates experiential learning; d) helps to bridge and contextualize responses; e) provides different and more flexible models of inner reality and f) helps to establish focus of attention†. (Alladin, A. , 2010).Hypnosis could cure most people’s problems if the medical field would turn to what really works, rather than synthetic chemicals. In order to do that there needs to be a clear goal in the medical field: find the solution for each patient. This requires too much time and money and doctors need to care a great lot about their patients to switch to something more time and money consuming when they can resort to the lazy, cheap, money building â€Å"magic pill†. Therefore hypnosis is still not as widespread as other therapies.It has been disappearing for the same reason home cooking and exercise have been disappearing. Less work is what people will choose first. As Roberto A. Ingram M. D. states: â€Å"If hypnosis was as respected as morphine, it would become a tremendous weapon in the physician’s armamentarium. † (P. G. O'C. , 1998) â€Å"Hypnosis has been receiving increased attention in the medical literature. It has been considered for use in acute pain management along with a variety of disease states† (P. G. O'C. , 1998).The article â€Å"Hypnotic Analgesia Affects the Processing of Painful Stimuli,† published by the Australian Journal of Clinical and Experimental Hypnosis, describes some interesting findings: â€Å"Different brain mechanisms are involved in the processing of painful stimuli under hypnotic analgesia and attentional distraction instructions and support previous research findings that the differentiation of behavioral, subjective and electrophysiological responses may be a result of a dissociation between the processing of sensory information and the cognitive evaluation of that information† (Williams, J.D . , Croft, R. J. , Ferdinand, J. J. , & Gruzelier, J. H. , 2011).Hypnosis is a powerful tool in medicine. According to Hammond (2008) hypnosis is so powerful that in the 1800s James Esdaile, an English surgeon stationed in India, did open heart surgery with the sole use of hypnosis as an anesthesia. â€Å"This historic example †¦ provides powerful documentation of the ability of the mind to influence the body†. (Hammond, D. , 2008)Hypnosis is also very effective in the cure of psychosomatic diseases. Many empirical facts prove this, as in the Canadian article â€Å"Treatment of psychosomatic disorders†: â€Å"Many years ago ‘I made wide use of hypnosis for the removal of psychosomatic symptoms ‘by direct suggestion as well as for abreactive purposes. The results obtained in cases of monosymptomatic hysteria were encouraging. In patients with organ neuroses and in those with psychosomatic structural diseases†. (Wittkower, E. , 1964).Hypnotherapy is very successful in curing many diseases, and most of the diseases are psychosomatic (American Medical Association stated that 90% of diseases are indeed psychosomatic). Physicians should do more of it instead of using drugs that have high price tags and terrible side effects. However, it is more profitable and less time consuming to just give a pill that gives the effect the person wants, rather then using time and money to find the source of the problem and eradicate it.In conclusion, hypnosis is the power the heals mind, body and soul. It is a tool that has been researched for years, starting from Messner, a medical doctor in Austria, continuing with with James Braid a surgeon that gave it its name and with Erickson which created many methodologies and suggestions that were highly effective in the cure of mental and physical disorders.Hypnosis gives the therapist the ability to guide the client to remove old negative patterns with the use of abre action extinction techniques an d to replace it with positive association that will in the long run allow the client to be who he/she wants to be and also to lower stress which will improve overall health. Hypnosis is a proven tool to let go of addictions and to cure many mental and physical disorders and the world needs to be informed of its powers in order to get back in charge of its health. There is no â€Å"magic pill†; people need to cure themselves with the possible alternative tools that are out there.

Thursday, November 7, 2019

Personal Goals as a University Student essays

Personal Goals as a University Student essays Deciding to return to school is the most important decision a person can make. Obtaining a higher education degree provides endless opportunities. When the decision has been made, it is important to have some goals in mind in order to have something to strive forward to when it seems as though one may not be able to reach their ultimate objective-receiving a degree. Some goals to keep in mind are an overwhelming amount of knowledge, financial stability and at least a moderate degree of success are all key motivators when pursuing a higher education. The decision to return to school was one that was more of an inevitable decision rather than some sort of an epiphany. There is no doubt that there is a direct correlation between receiving a degree and achieving at least a modest degree of success. The fact that many people decide not to pursue this obvious ticket to success can be rationalized through many different excuses. Whether it is not enough time, a lack of motivation, or the fear of not spending enough time with family, those who choose not to further their education have an abundant array of reasons to remain complacent in their lives. For those that are more goal oriented, the opportunity to obtain more knowledge, to eventually become financially stable and to reach some degree of success, professionally or otherwise, are the primary objectives in returning to pursue further education. Knowledge is the key to obtaining information about anything and everything. Without knowledge, there would be nothing. In order to walk one has to be taught. There are, obviously, several degrees of this phenomenon that still have not even been explored. In order to feel a sense of accomplishment, a sense of pride, and a sense of self-worth, one must continue to feel challenged. There is nothing more rewarding than the feeling of accomplishment. Applying knowledge to something important to an indivi ...

Tuesday, November 5, 2019

Primary Timber Products Harvested When Selling Trees

Primary Timber Products Harvested When Selling Trees The value of the timber you ultimately sell at harvest time is linked to the value of the products these trees can make. Normally, as the size of individual trees in a timber stand increase in height and diameter, the more valuable that stand becomes as more product classes become available. Trees growing into a more valuable class is what foresters call ingrowth and is continually happening over the life of a managed forest. When a strand is properly managed, the best tree species with the highest potential quality are left to grow into high value pine and hardwood sawtimber and veneer and pine poles upon final harvest. Thinnings in these stands can start as early as 15 years to select and remove lower quality trees with lower but substantial values. These lower-valued products come in the form of pulpwood, superpulp, and chip-n-saw and typically comprise the early thinnings. Product classes are generally defined by their size in the form of their diameter. Foresters express the diameter measurement in terms of diameter measured at breast height (DBH). Here are the major product classes defined on a typical timber sale contract: Pulpwood: Considered the least valuable product at the time of a tree sale, pulpwood is of primary importance when thinning a stand. It has value, and when harvested properly, makes some income even while leaving trees of potential higher value. Pulpwood is typically a small tree measuring   6-9† diameter breast height (DBH). Pulpwood trees are chipped into small chunks, chemically treated, and made into paper. Pulpwood is measured by weight in tons or by volume in standard cords. Canterwood: This is a term locally used to describe pulpwood-sized pine trees from which one 2 x 4 board can be cut in addition to the chips used for pulpwood (not to be confused with chip-n-saw). Another name for canterwood is â€Å"superpulp†. Superpulp is more valuable than regular pulpwood, but markets for this product are not always available. Canterwood is measured by weight in tons or by volume in standard cords. Palletwood: Wood for pallets can be a market for low-quality standing hardwood timber that does not make the grade for lumber. These stands have been mismanaged for optimum hardwood sawtimber production and have no potential to make grade lumber. This market is generally available in regions with a large upland hardwood resource. These trees will be sawed into slats for pallet-making. Palletwood is sometimes called â€Å"skrag.† Chip-n-saw: This product is different from canterwood in that it is cut from trees transitioning from pulpwood into sawtimber size. These tree typically range in the 10-13† DBH size. By using a combination of chipping and sawing techniques, these mid-sized trees produce chips for pulpwood as well as small dimension lumber. Chip-n-saw is heavily dependent on tree quality and height which can saw out straight studs. This product is usually measured in tons or standard cords. Pine and Hardwood Sawtimber: Trees cut for lumber fall into two categories, hardwood lumber and lumber from conifers. Lumber from hardwoods and pines typically is sawn from trees with diameters greater than 14† DBH. Trees are cut into lumber but some of the extra material is converted into chips for fuel or paper production. Sawtimber is measured in tons or board feet. The value of these trees is heavily dependent on tree quality meaning straight, solid logs with little to no defect. Veneer: These trees are cut for peeled or sliced wood veneers and plywood. Trees in the product class have a diameter size of 16† or more. By means of a large lathe, the tree is converted into continuous sheets of thin wood. This is used in the manufacture of plywood and furniture, depending on the type of tree. Veneer and plywood is measured in tons or board feet. Value is heavily dependent on tree quality. Source: South Carolina Forestry Commission. Understanding Timber as a Commodity. https://www.state.sc.us/forest/lecom.htm .

Sunday, November 3, 2019

Tim's Coffee Shoppe Essay Example | Topics and Well Written Essays - 250 words

Tim's Coffee Shoppe - Essay Example The product, price, placement, and promotion marketing criterion (Pride & Ferrell, 2012) informs the implementation of Tim’s consideration. The breakfast quiches will complement the need for a side product to the coffee offered by Tim’s Coffee Shoppe. Price adjustments would have to be undertaken in a manner that meets customer expectations. Moreover, the placement of the new products fits into the already existing market, and promotions could be employed in marketing the new line of products at the Coffee Shoppe. The menu board at Tim’s Coffee Shoppe is commendable, but essentially in need of some improvements. Given the diversity and dynamism exhibited in the hot and cold beverage markets, Tim’s Coffee Shoppe should work on offering more and diversified coffee products. Also, customers should not be targeted as a general unit. Instead, Tim’s Coffee Shoppe should identify its customer segments and seek to meet the needs, tastes, and preferences of each identified segment. Finally, complementary products that Tim’s Coffee Shoppe intends to offer should be in a position to maintain the uniqueness of the business in the

Friday, November 1, 2019

It is personality profile about Jack Dorsey -my tittle is Square Research Paper

It is personality profile about Jack Dorsey -my tittle is Square changes the business world - Research Paper Example Jack Dorsey has a net worth of $2.1 Billion (Forbes, 2014), is one of the most influential people in the world, and was one of the top 35 innovators in the world under the age of 35. He won the Innovator of the Year Award in 2012 and joined the board of directors of The Walt Disney Company in 2013 (Forbes, 2014). While only 15 years old, Jack Dorsey wrote dispatch software for taxicab companies that coordinates taxi drivers and enhances effective communication in the taxi industry (Bio, 2014). Born and raised in St. Louis, Missouri, Jack Dorsey is a catholic who studied at Missouri University of Science and Technology before transferring to New York University where he initiated an idea that transformed to the famous Twitter concept (Bio, 2014). He dropped out of New York University (Forbes, 2014) and moved to California in 2000 where he started providing his dispatch software through the internet (Bio, 2014). From the dispatch taxicab software, Jack Dorsey invented the Twitter concept that changed communication around the world. Jack Dorsey developed the idea of a Web-based instant messaging communication service in 2000. He approached Odeo Company to advance the idea of an instant messaging communication service (Bio, 2014). With Biz Stone and Noah Glass, Jack Dorsey founded and became the CEO of Twitter in 2006 (Bio, 2014). Jack Dorsey made a turning point in a global communication by Twitter. Indeed, Jack Dorsey surprised many with his twitter success. In November 2013, he launched Twitters initial public offering that made him a billionaire from his 23.4 million shares whose share price rose from $26 per share to $45 per share during the first day of trading (Bio, 2014). Initially, the company experienced frequent service outages (Bio, 2014). However, celebrities and CEOs begun using twitter thus promoting its importance. Soon, twitter revolutionized communication across the globe by becoming the dominant â€Å"micro blogging" movement