The Global Financial Crisis ( Gfc ) - 1087 Words

The Global Financial Crisis (GFC) began in July 2007 in the United States (US) following the decline in the countries already poor credit ratings and the subsequent collapse of the US housing market and prominent investment bank Lehman Brothers which sent a wave of fear around global economies including Australia and resulted in the largest drop in global economic activity in the modern era. (W. McKibbin, A.Stoeckel, 2009, pg 1). During the years before the crisis there was a significant increase in irresponsible mortgage lending in America. The US housing market was in melt down but the Australian had moved into a consolidation period. In the US sub-prime borrowers with poor credit ratings and the inability to repay were funded mortgage†¦show more content†¦The US government took control of the world’s largest insurance company AIG. Freddie Mac and Fannie Mae were victims of the sub-prime mortgage disaster and were saved by the government. When the crisis hit Australia, we had robust foundations those being budget surpluses, debt fee and favourable terms of trade, but little did we know these strengths would be tested very shortly. Unlike the US financial system Australia prior to the GFC had implemented policies that prevented high risk individuals from obtaining a loan and hence financial institutions did not require ‘capital injections’ from the government (Reserve Bank Austr alia, 2010). Australia was reasonably successful although not immune in navigating through the worst of this financial crisis because our systems in place work effectively due to the APRA prudential standards and regulatory requirements in the financial sector. Although Australia fared the GFC better than most nations it was still impacted by it as a result of the interconnected nature of the country’s financial systems and import/export dependences. One of the biggest impacts on Australia as a result of the GFC was the rise in the level of unemployment which peaked at 13.6%. This was reflected in the 17-19 year olds searching for full-time employment, but could

Cultural Diversity Within The Classroom - 1288 Words

Cultural Diversity in the Classroom-What Every Teacher Needs to Know Most teachers in the United States are Caucasian English speakers who do not have much experience teaching students from other areas of the world. The cultural differences that this creates can often put teachers at odds with their students. Sometimes the cultural beliefs of the teachers may even clash with those of the students which can end up preventing the student from having a positive or successful learning experience. These diverse student’s cultural values, beliefs, and norms can be very different from those of mainstream American education and classroom etiquette and the closer the connection is between the teachers instructional style, the curriculum, and the student’s learning style, the better chance there will be that the student will achieve success in the classroom (Manning Baruth, 2009). Teaching and learning styles can reflect cultural backgrounds and students who have teachers from t he same culture have very few problems in understanding the information given by the teacher. They are most likely very familiar with the types of interactions that are expected in the classroom and what the outcomes of those interactions will be. Some students are used to a community or group style of learning, while others focus on independence and a certain amount of competition between students. If these children have the proper instruction by their teacher they will be able to learn and function inShow MoreRelatedMulticultural Education Is A Method For Instruction That Values Diversity Within The Classroom1227 Words   |  5 PagesStates diversity will become progressively more reflected in our schools. In our school, students are becoming increasingly diverse, by assisting pupils to attaining knowledge, attitudes they need in order to become active citizens within our society. Teaching a group of diverse students from different backgrounds, ethnic, and other cultural groups i n a school environment that supports diversity within a classroom setting incorporate teaching. More importantly, it is important that within schoolsRead MoreCulture Has On The Process Of Learning And Teaching1382 Words   |  6 Pagesculture has on the process of learning and teaching. Santoro refers to Morgan and Slade who explore cultural learning tendencies and different views of knowledge, learning and teaching. For Indigenous people, it is suggested that they consider effective learning as being ‘contextual, interdependent, subjective and motivated by community commitment and obligation’ compared to non-Aboriginals where learning tends to be ‘fragmented and theoretical’ (Santoro, 2007). This highlights the need for teachersRead MoreThe Classroom Environment Should Look And Feel Welcoming For All Children949 Words   |  4 Pages Diversity is what makes each person in a classroom different from each other, even though you could be the same color of the person sitting next you, does not mean you are the same. The classroom environment should look and feel welcoming for all children. So it can show the diversity of the world in which we live in. Children should be provided with essential information about who they are and what is important, making an effort for this to happen creates a setting that is rich in possibilitiesRead MoreFostering English Mastery within a Linguistically Diverse Cultural Landscape1425 Words   |  6 PagesLinguistic diversity has become a divisive issue in the American political landscape. As Wolfram points out, the politics of linguistics necessitates a knowledgeable response rooted in research and pedagogical practice. When addressing the needs of a linguistically diverse population, it becomes crucial to examine the ways that education is failing to help students acquire language m astery and also failing to train teachers properly in English language instruction. A prevailing research questionRead MoreDiversity in the Classroom Essay888 Words   |  4 PagesDiversity in classrooms can open student’s minds to all the world has to offer. At times diversity and understanding of culture, deviant experiences and perspectives can be difficult to fulfill, but with appropriate strategies and resources, it can lead students gaining a high level of respect for those unlike them, preferably than a judgmental and prejudiced view. Diversity has broad ranges of spectrums. Students from all across the continent; students from political refugees, indigenous AmericansRead MoreEssay on Diversity and Multicultural Education in the Classroom1561 Words   |  7 Pagesin which we learn. Educators must take special measures in the delivery of classroom instruction to celebrate the learning and cultural differences of each of their students. As communities and schools continue to grow in diversity, teachers are searching for effective educational programs to accommodate the various learning styles of each student while promoting acceptance of cultural differences throughout the classroom. It no longer suffices to plan educational experiences only for middle-or upperRead MoreImplementation Of A Diverse Learning Environment872 Words   |  4 PagesSolution #2 Implementation of a Diverse Learning Environment Another goal to rectify the lack of diversity within public education is to identify the informal policies that do not promote diversity. An entity of the concept is to realize the makeup of the faculty that imposes our education system in the United Stated. In 2009 data indicates that there is a considerable amount of discrepancy between populations of students verses the teaching workforce; to include administrators. Results specify thatRead MoreAn Educator Who Understands Issues Of Diversity And Difference976 Words   |  4 PagesAn educator who understands issues of diversity and difference will make the classroom a more enriching environment for all of the students in it, and will ensure those students who are adversely affected by such diversity and difference are given the opportunity and encouragement to overcome challenges they face. Socio-economic disadvantage among students has an impact in the classroom in terms of the ability of a child to gain an understanding of the knowledge and skills required to be a successfulRead MoreDiversity And Cultural Issues Of Tesol Education1545 Words   |  7 PagesEDUC600 I001 Fall 15 Final Reflection Journal: Diversity and Cultural Issues in TESOL Education During the course entitled Diversity and Cultural Issues in TESOL Education, issues of diversity and culture, as well as methods, strategies, and approaches for engaging English language learners were examined. Students all over the world learn English for a variety of reasons. Some students must study English as a requirement. Other students may wish to travel, study abroad, or work in the global marketplaceRead MoreThe Images And Classrooms Are Displayed With A Fair Depiction Of Diversity962 Words   |  4 PagesWithin Earle Brown, the images and classrooms are displayed with a fair depiction of diversity. People of different races, genders, and cultural beliefs are represented, much like the student population found at the elementary school. Earle Brown is an IB school; therefore, it could be argued that there is more of a need to represent a worldly view. There are signs in both English and Spanish found throughout the school, as well as clocks displaying different time zones ac ross the world. Upon entering

Brave New World by Aldous Huxley Free Essays

In the novel Brave New World by Aldous Huxley, one of the main characters that is presented to the readers is Bernard Marx. What this character’s name brings to the mind of the reader, and surely the intention too of the author, is the historical figure Karl Marx who wrote the book Communist Manifesto. In the book, Bernard Marx is described as a hypnotic specialist at the Hatchery and Conditioning Centre in the modern world. We will write a custom essay sample on Brave New World by Aldous Huxley or any similar topic only for you Order Now He belongs to the Alpha caste though his physical features do not fit him to be in this caste. Those who are Alphas are known to be tall but Bernard is rather short. Furthermore, he acts as an outcast amongst his social group. As Alphas are expected to be sporty in their manner and orientation, he does not participate in this leisure activity. This is the reason why he is seen as odd by the people around him (Huxley 38). As the novel progresses, the reader sees Bernard Marx as a loner and unhappy. The social group that he moves around with sees him as a rebel and a non-conformist. He questions the system of the World State and wants to fight for his individuality. In some ways, he is seen as someone who always wants to go against the system. He can be termed as a protestor to put it in another way. But this thing changes when one time he goes to the Reservation (Huxley 45) where he meets John who is considered a savage by the World State. When he brings the latter to London, he instantly gains a popularity he never experienced before. He becomes outgoing and happy to participate in the activities in the World State. This participative attitude of Bernard Marx in the new society will only changed when John refuses to be part of his agenda. The reader sees again that Marx returns to his old, protestor way. The World Controller sees that he has not changed and in the end he is thrown out of the World State to be deported to Iceland (Huxley 98). What can we see then in the character of Bernard Marx? We can conclude then that the protest attitude of him is not borne out of intellectual or of moral form in origin. The best term that we can see to it is that his act of his being a non-conformist among his social group originates from a personal and social one. I make this conclusion to the nature of his character since his being alone surely must have stemmed from his being short as an Alpha. As mentioned above, Alphas are designed to be tall but Marx is not. His manifestation of being a protestor comes from his anger of being not accepted fully by his peers, of being different from them. So in effect he sees no point of participating in all the activities that are expected of his caste. When an opportunity is presented to him that he can be accepted and even become popular, his attitude towards the World State suddenly changed. â€Å"Success went fizzily to Bernard’s head, and in the process completely reconciled him †¦ to a world which, up till then, he had found very unsatisfactoryâ€Å" (Huxley 66). This opportunity is when he brings John to London and quickly gains popularity (Huxley 66). Still, Marx goes back to his old ways when the chance to become popular slips to his hands upon John’s rejections of his agenda. In the end, he is deported to Iceland against his protests. The moral of the character of Marx then is that he is a hypocrite in his being a non-conformists and critic of the ways of the World State. His criticism of the system in the society that he lives in stems from the rejection he gets from his being physically different from his social group. We can thus sum up that the flaws that he sees in the World System are not genuine. The order of the World State will be a defect as far as Marx is concerned up until he is not accepted as part of his social group. When this has changed it is only then that he can truly feel a part of the new society. Works Cited Huxley, Aldous. Brave New World. New York: HarperCollins Publisher Inc. ,1998 How to cite Brave New World by Aldous Huxley, Papers

Cloud Computing Technology Cloud Computing Service Models

Question: Discuss about the Cloud Computing Technology for Cloud Computing Service Models. Answer: Introduction London Bikes Ltd. is a small and medium sized enterprise, also known as an SME, which is located in the heart of London. The company is into selling of high end bicycles that are specifically meant for city riding and also takes custom orders from customer. The company hosts a website internally and has a full-fledged database management system, which the company uses for customer accounts, orders and billing. The IT capabilities of the company are also used to manage the pay role of their workforce. The company has recently gained knowledge about cloud computing and it is planning to implement cloud storage in their business so that they could increase the level of customer services and satisfaction. The first priority of the company is to create a backup of all its confidential information on a cloud server so that it could be saved from any man-made or natural disaster. Therefore, this report is aimed at providing an introduction of cloud computing to the company and discussing it s benefits, along with some success stories and deployment recommendations. Cloud Computing In the past few years, we have seen some of the best innovations that the technology could have ever made possible. From virtual reality to robots and artificial intelligence, technology has shocked us in a great way and has also made out life simpler. One such innovation of technology has been cloud computing that has actually helped millions of small, medium and large business organisations in increasing the efficiency of their business operations. Cloud computing, in simple words, is an internet service that hosts and delivers online storage services [1]. It provides shared computer processing resources and data to information technology devices on demand. The concept of cloud computing has evolved in the past few years as companies have been able to save a lot of their operational costs by eliminating the need to maintain huge and costly data banks and shifting all their information and data on to cloud storage servers. Cloud computing was coined to denote computer infrastructure as a cloud from where business owners and individuals could extract data on demand from anywhere in the world [10]. Characteristics Of Cloud Computing Let us now discuss some characteristic features of cloud computing: Self-service Per-Usage Metering and Billing Multiple Backend Hypervisors Storage virtualization Interface to public clouds Virtual clusters Reservation and negotiation mechanism [10] Benefits Of Cloud Computing Let us now discuss some advantages of cloud computing, which can be enjoyed by the organisation once it implements cloud computing in the company: Cost Savings one of the main benefits of cloud computing is that it helps companies in saving a lot IT costs. Businesses, no matter small, medium or large, work in order to earn money, which can be done only when the operational costs and expenses can be reduced. With cloud computing sever in place, business organisations can save a lot of their expenses by eliminating the costs related to in-house server storage and application requirements [2]. Reliability Cloud computing is managed by service provides and hence, it is much more reliable and consistent that a companys in-house infrastructure. Cloud computing service providers provide uninterrupted services and also prevent business organisations from the loss of important information or data as the data stored on the cloud servers can be easily retrieved at any point of time. Cloud service providers provide 24/7/365 availability and in case of failure, the applications being hosted on the server can be quickly transferred to any available server [2]. Improved collaboration one of the most amazing benefits of cloud computing is that it provides improved collaboration amongst all the operational units of an organisation [3]. By implementing a cloud computing server in the organisation, London Bikes Ltd. will be able to create, view, edit and share information and data amongst all the operational units of the company without any hassle. With improved collaboration, the company will be able to provide better products and services to the customers [4]. Scalability/Flexibility another major benefit of cloud computing is its scalability or flexibility. London Bikes Ltd. would be able to easily scale up or scale down its operations and storage needs according to the demand of the situation. Rather than investing into the acquisition of new infrastructure, software or hardware [4]. Some cloud service providers have made their services highly flexible so that it can be tailored according to the needs of the customers. Service Models And Available Real-World Services Cloud computing is becoming increasingly famous in the modern day world as it is convenient, cost-effective, all time available and provides on demand network access to information and data whenever required. Cloud computing comes with three service models: Software as a Service (SaaS) In this service model, the customers are allowed to use the application of the provider that is running on a cloud infrastructure. The applications are made accessible to the customer through a thin client interface or through a program interface [5]. Platform as a Service (PaaS) in this service model, the customers are provided with the capability to deploy a cloud infrastructure, which is acquired by the customer, but is developed using applications, languages, services, etc. that are supported by the provider [5]. Infrastructure as a Service (IaaS) in this service model, the customers are given the opportunity to gain access to processing, storage, networks and other fundamental computing resources. The customer is also allowed to run the arbitrary software that can consist of operating system and applications. The only thing that the consumer is not allowed to control is the cloud infrastructure [5]. Cloud computing is being considered as the next big thing and beyond doubt, sooner or later, it will eliminate the need of using large storage devices and heavy investments to extend storage spaces. As a result, there are a number of companies that have started providing cloud computing services to business organisations and individuals. Some of these service providers are: Amazon web services Amazon is one of the best cloud computing service in the market that provides a combination of IaaS and PaaS cloud services [7]. Amazon Web Services has a huge list of almost 70 services that span across a wide range including compute, storage, networking, application services, etc. Google Cloud Service Google too has been providing cloud services since quite a long time now. Googles Drive cloud storage has been providing storage solutions to millions of customers. Google also offers cloud computing services that are related to IaaS model. Googles platform includes a wide variety of hosted servers that allow computing, storage and application development that are run on the hardware of the company itself [8]. Cloud Computing And Virtualization Virtualization refers to the creation of a virtual version of something, such as a virtual version of a storage device, operating system, etc. Virtualization can be of many types, such as network virtualization, storage virtualization, server virtualization, etc. Virtualization can help in increasing the processing power of the information system by centralizing the administrative tasks and improving scalability of workloads. Network virtualization, storage visualization and server virtualization can be together used to make the concept of cloud computing better and more secure than ever before. [9]. The concept of storage virtualization helps service providers in extending the storage capacities of the cloud by allocating more memory. Further, the concept of software virtualization allows business organisations to use the same software on a large number of information systems by creating a virtual layer. Virtualization in cloud technology aims at managing the workload by making the traditional form of computing more scalable, efficient and economical. When cloud computing is related to virtual technology, it makes it possible for the organisation to run multiple operating systems and multiple applications on the same server at the same time. Thus, the concept of cloud computing still has to reach its pinnacle and would change the entire IT infrastructure once it does [13]. Deployment Recommendations The company, as stated in the case study, is a small and medium sized company that operates in London. Therefore, it is obvious that the company would not be eager enough to invest its important resources in acquiring costly cloud computing services. Cloud computing comes in different service models, such as IaaS, SaaS or PaaS, etc. and each of the models can have different cost structure for the investor. The service models and the cost structure would depend upon the companys requirements for access and its ability to handle the operations of cloud computing itself. The company should, first of all, prepare a list of cloud computing service providers and shortlist the ones which have simpler service models, provide cheaper services and offer very less maintenance on the customers part. Cloud computing service providers, such as amazon web services, Google Drive, Dropbox, etc. can be included in the list as they are some of the most cost effective cloud services. Amazon Web Services and Google Cloud are two of the few best cloud computing service providers in the market and the rivalry between the two is a common topic in the market. Where Google has a huge platform and numbers attached to it, Amazon too is a tough competitor with more services to offer. AWS also offers a wider variety of services and has higher quality. Therefore, AWS is a clear winner when it comes to quantity and quality. On the other hand, Google is no less. Google has an advantage of Big Data with it and in a number of cases Google Cloud scores higher than AWS. Therefore, it is clear that both the platforms have some competitive advantages over the other and it would totally rely upon the preference of the company whether it would go with AWS or Google Cloud. Overall, London Bikes Ltd. should clearly weigh the advantages of the two, relate them with their business operations and acquire the one which would best serve their purpose. Migration Strategies Migrating to new software altogether is not an easy task for any company. It requires a lot of confidence and professional guidance to accurately set up the whole system on a new software, hardware or technology. Similarly, it would not be easy for London Bikes Ltd. to migrate to cloud computing altogether and leave all its traditional forms of computing. The company will have to work patiently and at a steady pace, it should slowly shift all its computing or information technology related work to cloud computing. Initially, the company will have to implement cloud computing in the workplace at a very small scale. By acquiring a simpler and a less complicated service application, the company would be able to pilot test the benefits of the cloud computing software and would be able to predict the future prospects of the same. The company should go for either SaaS or IaaS service models as they are less complicated and do not require the customer to take care of a lot of things or maintain them from time to time. Once the company is able to decide and implement a cloud computing platform, it should start to shift its customer information on to it. The company should ensure that it has a safe backup of all its files that are being transferred on to the cloud server as some things might go wrong in the first attempt. Once the company has all its customer information saved on the cloud, it can allow all the operational units of the organisation to use the cloud server and gain access to the informa tion stored on it for serving the customers when they come. If the company finds the cloud server to be useful and secure enough, it can then start to transfer its classified or confidential information on the cloud. Another major concern in cloud computing is related to security. As it is evident that the company will shift to cloud computing and would allow access of data to different users from multiple devices, security issues will definitely occur. If the management or the IT staff is unable to track the cloud server properly, it can be easily breached by outside entities and a lot of harm can be caused to the information or data stored on the cloud server. London Bikes Ltd. should also ensure that there are different levels of authentication in the organisation as all the information cannot be made available to all the people. Therefore, using unique ID passwords, the management can restrict the level of access that the employees will have to the cloud server. Once the company starts using the cloud server properly, it can contact the service provider for extra storage space whenever required, any security modifications, special customizations, etc. Conclusion London Bikes Ltd. has an exceptional business model and its unique idea will definitely bring a lot of business opportunities in the future if the company continues to perform well. To perform well in the market and to gain market competencies, it is must that the company should implement cloud computing as soon as possible as it would make it easier for the management to manage all the work operations and serve the customers in the best possible manner. Therefore, the company should take its time, conduct a detailed analysis on the cloud service providers, chose the one which suits their business purpose and should quickly migrate to cloud computing. References [3]"11 Advantages of Cloud Computing | Skyhigh Networks", Skyhigh Networks, 2015. [Online]. Available: https://www.skyhighnetworks.com/cloud-security-blog/11-advantages-of-cloud-computing-and-how-your-business-can-benefit-from-them/. [Accessed: 13- Aug- 2016]. [2]"Advantages and Disadvantages of Cloud Computing | LevelCloud", LevelCloud, 2016. [Online]. Available: https://www.levelcloud.net/why-levelcloud/cloud-education-center/advantages-and-disadvantages-of-cloud-computing/. [Accessed: 13- Aug- 2016]. [4]"Benefits of cloud computing | Queensland Government", Business.qld.gov.au, 2016. [Online]. Available: https://www.business.qld.gov.au/business/running/technology-for-business/cloud-computing-business/cloud-computing-benefits. [Accessed: 14- Aug- 2016]. [10]R. Buyya, J. Broberg and A. Gos cin ski, Cloud computing. Hoboken, N.J.: Wiley, 2011. [5]Q. Devery, "The three types of Cloud Computing Service Models", Paranet.com, 2016. [Online]. Available: https://www.paranet.com/blog/bid/128267/The-three-types-of-Cloud-Computing-Service-Models. [Accessed: 14- Aug- 2016]. [11]T. Erl, R. Puttini and Z. Mahmood, Cloud computing. . [14]R. Krutz and R. Vines, Cloud security. Indianapolis, Ind.: Wiley Pub., 2010. [13]L. Malhotra, D. Agarwal and A. Jaiswal, Virtualization in Cloud Computing, 1st ed. 2014. [12]S. Smoot and N. Tan, Private cloud computing. Waltham, MA: Morgan Kaufmann, 2012. [6]D. Sullivan, "Cloud Computing Solutions: IaaS, PaaS, SaaS", Tom's IT Pro, 2014. [Online]. Available: https://www.tomsitpro.com/articles/cloud-computing-solutions,1-1755.html. [Accessed: 14- Aug- 2016]. [7]D. Sullivan, "PaaS Provider Comparison Guide: Amazon AWS as a PaaS - IaaS PaaS in One", Tom's IT Pro, 2013. [Online]. Available: https://www.tomsitpro.com/articles/amazon-aws-paas-iaas-cloud-computing,2-608.html. [Accessed: 14- Aug- 2016]. [1]"What is cloud computing? - Definition from WhatIs.com", SearchCloudComputing, 2016. [Online]. Available: https://searchcloudcomputing.techtarget.com/definition/cloud-computing. [Accessed: 13- Aug- 2016]. [8]"What is Google Cloud Platform? - Definition from WhatIs.com", SearchCloudComputing, 2016. [Online]. Available: https://searchcloudcomputing.techtarget.com/definition/Google-Cloud-Platform. [Accessed: 14- Aug- 2016]. [9]"What is virtualization? - Definition from WhatIs.com", SearchServerVirtualization, 2016. [Online]. Available: https://searchservervirtualization.techtarget.com/definition/virtualization. [Accessed: 14- Aug- 2016].