Business environment Essay Example | Topics and Well Written Essays - 1750 words - 1

Business environment - Essay Example There are many reasons for this change in the external environment as organizations are fighting their way to reclaim their original position in the market. Large banks such as Northern Rock failed to sustain itself despite support from Bank of England and such the carryover effects are even felt by the organizations working in other sectors of the economy. Subprime mortgages may be just tip of the iceberg as there are other very serious causes of the failure of the financial system. Due to inter-linking of different macroeconomic variables, governments of UK and US even went on to pump in funds into failing organizations in a bid to stabilize the economy. It has also been observed that the different economic policies adopted by the UK and US Government specially after 1970s were largely in favor of free market economy which allowed different organizations to go beyond their capabilities and as such caused the current financial crises within the both these countries. Due to this reason, British Government specially has been planning to reorganize and restructure the mortgage market in a bid to lessen the impacts of the current financial crises. This research paper will provide an analysis of some of the PEST or LEPEST factors which British Government may consider for successful implementation of its plans. Further, this research paper will also discuss how a bank would respond to such influences. As discussed above that the current crises are the crises of confidence and as such not British Government is taking efforts to revive the failing institutions in particular and economy in general. As a part of these efforts, British Government is also undertaking to restructure the existing mortgage market in the country in a bid to rationalize it so that in future no such episodes happen. PEST Analysis in such circumstances can serve as an excellent tool to provide great insight into some of the critical factors required

Observation Of Child Behaviors Essay Example | Topics and Well Written Essays - 750 words

Observation Of Child Behaviors - Essay Example Egocentrism was chosen as the relevant behavioral observation as it is a predominant characteristic of the preoperational stage of child development. Examining this aspect of youth behavior is important as children in the preoperational stage begin to learn important social lessons from peer reference groups that assist in healthy adult socialization. As the logic centers begin to form in the brain, children will establish the initial foundations of considering the perspectives and beliefs of others in their rationalization processes. During play, two children illustrated behaviors that supported egocentrism. One child, which the parent indicated was four years old, began to argue with another child in the sandbox about their methodology of play. The two children were burying action figures, using pretend play activities to essentially illustrate the perils of warfare. The child wanted the figures to remain buried, however, the other child continued to dig them up and pretend the figures could fly. The child chastised the other who unburied the figures, leading to a refusal to play together further. The main argument was that flying was wrong and that the action figure belonged in the sand in order to win the war. The child who demanded flight did not seem to care about the pressure being applied to keep the toy in the sand and told the chastising child that he was â€Å"stupid† and carried forward with his flight activities despite the protests and attempted lessons about the appropriate game play.