Business Communications Assignment Example | Topics and Well Written Essays - 750 words

Business Communications - Assignment Example Requirements include: Bachelors Degree in Accounting/Finance; Sound knowledge of accounting policies and procedures and of basic financial techniques for planning, forecasting, and related analyses; Strong analytical skills required; CPA a plus. To apply for this exciting position, please contact me at timothy.ponzio@parkerlynch.com Job Experience: 1-3 Years http://jobview.monster.com/Financial-Analyst-Team-Environment-Job-Parsippany-NJ-US-112781073.aspx The job is appealing because it is totally related to my interest. I want to build my career in the research. The job posting and the requirements are interesting and can help me build my career in the financial market. Additionally it is the job posting of Parker & Lynch, which is located in New Jersey. The NJ is considered as one of the most appealing place of the world to build career in finance. Moreover, Parker & Lynch is a firm totally focused in financial services. Therefore, it is more convincing and appealing to work with hi ghly professional financial analysts that can help me learn a lot regarding the Financial Market. Cover Letter: Dear Sir/Madam, I’m a candidate for Level-III June-13 Chartered Financial Analyst (CFA) program from CFA Institute, Virginia, USA. I've fairly detailed understanding of professional and ethical standards regarding investment management. I’ve done MBA (Finance) from highly recognized University. During my studies my core modules were Financial Statement Analysis, Corporate Finance, and Fixed Income, Portfolio Management, Quantitative Techniques, Equity, Money Market and Capital Market. I grasped a holistic view of the functions and practice of the financial planning. I have got deep attention to detail and that always helps me in all my analytical tasks. I am fully focused on my career. I am looking for a job that gives me a space to accomplish meaningful and worthy achievements for the company in such a way that I can also grow along with the organizational o utcomes. I have a crystal clear vision about my possible placement and that is achieving quick results individually and as a part of a team. I have got good ability to interpret situations and I am strongly focused on activities that generate value to the company and its customers. This is a brief overview of my studies, my professional experience & personality. I hope if given a chance, I will definitely be an asset for your Institution. Looking forward to hearing you soon. Kind Regards; XYZ. xyz@yahoo.com Curriculum Vitae ABC Address: Tel: Email: Objective education work experience Uiversity Projects other skills INTErests rEFERENCES To obtain a distinct position in the global financial industry where I can play my role in analysing financial instruments and get to the top while enhancing my analytical skills. CFA Level III Candidate MBA Finance MTO at an Investment Boutique Intern at Walls Fargo Work Cited "Financial Analyst/ Team Environment Jobs in Parsippany, New Jersey - Park er & Lynch

Developing Shop Online in China Essay Example for Free

Developing Shop Online in China Essay I. The development of new technology A. The Internet communication skills B. Computer program systems 1. The feedback-based reputation system 2. The E-payment system II. The characteristics of shopping online A. Low-price strategy B. Diversity of products III. Some changes in people’s lifestyle A. Logistics development makes life more convenient B. People prefer to stay at home because of the Internet Developing Shopping Online in China Have you had a good experience of shopping online? It might have been common in the US; however, the only approach for Chinese to buy clothes or food was to go to the mall or supermarket ten years ago. Shopping online has become more and more popular in China and has been adopted as a common way to shop. A report, conducted by iResearch, an online market research company, said that the first year’s trade volume of Chinese online market soared 95.8% (as cited in Ding, 2009,  ¶2). People in China now prefer to click to the website, select products and make sure to purchase. There are two common types of e-commerce websites in China: B2C and C2C. B2C presents business-to-consumer, and C2C stands for consumer-to-consumer. A few e-commerce websites, such as Dangdang (www.dangdang.com.cn, the largest and most popular B2C website in China), and Taobao (www.taobao.com, the largest C2C website in China, owned by Alibaba.com), â€Å"have won great success and established good reputation among online consumers†(Lu, Zhou Bin, 2007,  ¶1). The reasons that shopping online has been developed and improved in such a high speed in China are the development of technology, the characteristics of shopping, and the improvement of people’s lifestyle. The first reason why shopping online has become a significant role in China is the development of the technology, such as network communication skills, e-payment system and the feedback-based reputation system. The Internet has had widespread effects on Chinese since it was first introduced into China in 1995. The Internet, a recent innovation, has become a significant intermediary for not only communication but also commerce. Compared with traditional shopping approaches, the features of the Internet will be considered by buyers, and people will think whether the characteristics of the Internet are preferred when shopping online (Joseph Dong, 2006,  ¶6). The three steps when consumers are shopping in the Internet are to click their mouse, search for what they want to buy, and make sure to purchase, while they even don’t have to talk to sellers. The convenience of the Internet leads shopping online to be the first choice. Moreover, most consumers are concerned with computer program systems related to payment safety or product reputation when shopping online. Such computer program systems have been set up to ensure consumers’ profits. A lot of online shopping websites, such as eBay.com and Taobao.com use feedback-based reputation system, in which the sellers’ and buyers’ reputation and credit will be recorded and marked based on transaction in the past. It means a lot in online C2C market, and the seller will be trusted if s/he has a good reputation, which brings about good sales (Bo, Zhangxi, Bingjia, 2010,  ¶20). Nelson (1970) sorted products into experience and search goods. People want to try the quality of experience products right before they buy the products, while people have to see search products through some information provided online. In other words, the products bought online are search goods. People have to decide whether to buy only after reading a few lines of words (as cited in Bo, Zhangxi, Bingjia, 2010,  ¶22). Without feedback-based reputation system, potential consumers would not have accepted the new approach of shopping. Also, the former comments and scores from buyers and the scores which buyers get from sellers, depending on whether the buyers pay in time or not make feedback-based reputation system become a special credit system for not only vendors but also consumers. Another important system researched and developed for shopping online is payment system which protects consumers’ money from being taken away by sellers without receiving products or not being satisfied with the products. â€Å"Alipayment†, which belongs to Taobao.com, is the typical payment system known among online buyers. Even though there are still some shortcomings needed to be improved in these systems, technology makes it possible and promotes the development of shopping online in China. Secondly, the characteristics of shopping online are considered to be another important reason that promotes the development of shopping online in China. Low-price strategy, diversity of products and convenience of shopping style are three of the most obvious features of shopping online, which attracts more and more people in China involved in shopping online, and not only young people but also old people are interested in online shopping. Price and type are two of the most significant features of product, which influence buyers’ choice when they are shopping online (Bo, Zhangxi, Bingjia, 2010,  ¶21). Because sellers can reduce operation and storage cost, products online are usually less expens ive than products bought in a traditional way. Lower price has been one of the most important factors, which makes shopping online the best choice in China. There are 10,000 shops which were opened everyday in 2008, while more than 140 million Chinese became loyal customers of shops online (Lan, 2009,  ¶4). Nevertheless, product price is sometimes connected with cheating and fraud, and buyers can’t recognize whether or not the sellers online are cheating on product price. That will be an important issue in online shopping (Bo, Zhangxi, Bingjia, 2010,  ¶21). Had sellers online had the same price as traditional sellers or higher price, the online market would not have bloomed. Another characteristics of shopping online, diversity of products, promotes the development of shopping online. Imagine that there are two choices for consumers when shopping: buying goods in different shops or buying all stuff in one big shop. Obviously, people prefer to shop in one place and purchase all the stuff they list. Like shopping in a b ig shopping mall, people buy all they need online on one website without driving out or walking a long distance, crowding in the crowd and sweating in different shops. All consumers need is to search what they want, and compare the prices and comments. Liu claims, â€Å"Best selling online items include clothing, cosmetics, home furnishing, outdoor sports equipment, personal computer, jewelry, laptops and small home appliance†(Liu, 2009,  ¶27). The characteristics of shopping online, low-price strategy, diversity of products and convenience of shopping style, attract more and more people and lead to the promotion of shopping online. Thirdly, the development of people’s lifestyle contributes to the emergence and development of shopping online in China. With the rapid growth of Chinese economy, not only has per capita income improved significantly, but also people are getting accustomed to the faster pace of life. That involved in the development of shopping online as an important factor. Due to the faster pace of life, a kind of new industry—express delivery industry—has arisen. The convenience of shopping online is considered to be a significant reason for consumers. Because of the development of express delivery industry, which belongs to modern logistics, the buyers don’t have to go out to take stuff back home, and just sit in front of the monitor to wait for delivering. Express delivery industry is developing in a rapid pace because of the boom of online shopping. In China, people now are interested in sitting in front of a computer, clicking the mouse, and shopping online (Liu, 2012,  ¶1). The development of express delivery industry has been outstanding in recent years, which has been proven by a year-on-year increase of 20% from 2009. There are 542,000 people working for express delivery industry, and express delivery companies have been set up everywhere around China. Because of the appearance of online shopping, the express delivery industry developed better and faster (Liu, 2011,  ¶3, 4, 5, 6). At the same time, express delivery industry promotes the development of shopping online. The promotion of express delivery industry makes more and more people trust in shopping online.What consumers need to do after making sure to purchase is to wait for stuff being delivered in a few days. Such convenience really helps people who suffer from the faster pace of life: they don’t have to go out to shop, and just stay at home to get everything they want. Another change in people’s lifestyle is that people prefer to stay at home rather than go out for fun. Because of the Internet, online entertainment has become the most popular way to spend time. Not only chatting online or playing online games but also shopping online has been a significant role in people’s daily life. Evidences are that not only can people buy concrete goods online, but also a lot of abstract goods, such as game cards and mobile phone recharge cards, can be found in online shops. The changes of people’s lifestyle and the emergence and development of express delivery industry make contribution to the development of shopping online in China, which makes life more convenient. In conclusion, the development of technology, the characteristics of shopping and the improvement of people’s lifestyle are three main reasons why shopping online has become an important role in China. Due to the developing of shopping online, a new approach of shopping has appeared which makes shopping more convenient for consumers; moreover, it promotes the development of tertiary industry and economic development in China. Shopping online offers many jobs in China; for example, Taobao.com, the biggest shopping online website, provided 570,000 jobs in 2008. Moreover, shopping online offers much more chances for young persons between 23 and 32 years old to run their online shops with government’s support (Lan, 2009,  ¶16, 17, 18). Because of the development of Chinese shopping online, many overseas shopping websites have noticed the future of this market flourish. Alipay, third party payment tool, has enrolled 300 overseas online shops to get access to Chinese online shopping market (Lan, 2009,  ¶9). In other words, the local online shoppers will face more opportunities in the future. References Bo, X., Zhangxi, L., Bingjia, S. (2010). Factors affecting consumer behaviors in online buy-it-now auctions. Internet Research, 20(5), 509-526. doi:10.1108/10662241011084086 Ding, W. (2009). Cheaper prices or better services?. Beijing Review, 52(37), 28-29. Lan, X. (2009). Online shopping spree (cover story). Beijing Review, 52(37), 26-27. Liu, X. (2009). You want it, the web has it. Beijing Review, 52(37), 30-31. Liu, X. (2011). Express reform for speedy deliveries. Beijing Review, 54(30), 36-37. Liu, X. (2012). Delivering satisfaction. Beijing Review, 55(2), 34-35. Lu, Y., Zhou, T., Bin, W. (2007). A comparison of prices in electronic markets and traditional markets of China. Chinese Economy, 40(5), 67-83. doi:10.2753/CES1097-1475400504 Joseph, R., Dong, S. (2006). E-commerce adoption among Chinese consumers: an exploratory study. Journal Of International Consumer Marketing, 18(3), 33-55. doi:10.1300/J046v18n03-03

The Inner-City Problems and Solving Them Essay -- Papers

The Inner-City Problems and Solving Them There are many problems that can be clearly seen in the inner city. Problems such as crime, poor housing (perhaps slums), and unemployment are all apparent. However unemployment levels are gradually dropping. Lack of money gives rise to the problems so are often seen in the lower class areas of cities. On the whole the perception of the inner-city areas has the image of poverty and overcrowding which faces many cities across Britain today in whatever proportion. The first as such it the Economic which inner-city areas have long suffered due to lack of investment especially after the 1940's when a lot of money was put into New Towns. Many of the houses built were made from poor fabric and cheap materials which within time will make them liable to be damaged. This is the main problem arising from the issue of poor housing. Few Industries have built or for that matter expanded in an Inner-city location partly due to the environment, which surrounds it. Social Inequalities also play a part in British City the following characteristics are often present in many of them: Lack of basic amenities, many houses of which lack any sort of bathroom Overcrowding- large families may live in small houses, or families may live in poorly built high rise flats. On the whole we can say that there are high infant mortality and death rates Families have a low income Single parent families. There are also the environmental problem which affect these areas- The Inner-city areas may suffer from noise and air pollution caused by heavy traffic and the few remaining fac... ...o mortgage properties in the inner areas, and local plan authorities have become more flexible in their plan making. The public and private sectors are much more willing to improve enterprise zone and industrial improvement. New voluntary and community bases organisations have developed particularly concerned with environmental improvements and employment creation. The physical environment has been improved, with vacant land and buildings being put to new, and also the removal of some of the worst dereliction. However the economic point of view in the inner city has deteriorated, with more unemployment and the closure of many firms. However unemployment will probably remain high, especially among the poorly educated and disadvantaged, which will, especially in children, lead to further problems. The Inner-City Problems and Solving Them Essay -- Papers The Inner-City Problems and Solving Them There are many problems that can be clearly seen in the inner city. Problems such as crime, poor housing (perhaps slums), and unemployment are all apparent. However unemployment levels are gradually dropping. Lack of money gives rise to the problems so are often seen in the lower class areas of cities. On the whole the perception of the inner-city areas has the image of poverty and overcrowding which faces many cities across Britain today in whatever proportion. The first as such it the Economic which inner-city areas have long suffered due to lack of investment especially after the 1940's when a lot of money was put into New Towns. Many of the houses built were made from poor fabric and cheap materials which within time will make them liable to be damaged. This is the main problem arising from the issue of poor housing. Few Industries have built or for that matter expanded in an Inner-city location partly due to the environment, which surrounds it. Social Inequalities also play a part in British City the following characteristics are often present in many of them: Lack of basic amenities, many houses of which lack any sort of bathroom Overcrowding- large families may live in small houses, or families may live in poorly built high rise flats. On the whole we can say that there are high infant mortality and death rates Families have a low income Single parent families. There are also the environmental problem which affect these areas- The Inner-city areas may suffer from noise and air pollution caused by heavy traffic and the few remaining fac... ...o mortgage properties in the inner areas, and local plan authorities have become more flexible in their plan making. The public and private sectors are much more willing to improve enterprise zone and industrial improvement. New voluntary and community bases organisations have developed particularly concerned with environmental improvements and employment creation. The physical environment has been improved, with vacant land and buildings being put to new, and also the removal of some of the worst dereliction. However the economic point of view in the inner city has deteriorated, with more unemployment and the closure of many firms. However unemployment will probably remain high, especially among the poorly educated and disadvantaged, which will, especially in children, lead to further problems.

Every dark cloud has a silver lining.

Dialogue between the Bank Manager and a client about opening an account. Client: Sir, Excuse me. May I come in? B. Manager: Yes you may come in. Client: I am Miss. Mary and I come from Oakmont. Manager: What can do for you? Sir, I would like to open an account in your Bank. Manager: May I know your profession? Sir, I working as secondary Grade Teacher in Oakmont High School at Superman Manager: Why do you want to open an account in the state Bank of India? Client: Sir, I have Just Joined my duty in the school last week.It's a mandatory or the teachers to have an account opened in the state Bank of India, because the salary is paid through the banks. Manager: Well, then please fill up the application form to open an account in your name. Client: Yes, Sir. Can I get the application form? Manager: Yes, you can collect from the next desk. Prior to It please produce the following document: 1. Your ID proof 2. Residential proof 3. Pan Card 4. Ration card 5. Age proof etc†¦ Client: Sir , excuse me right now I do not have all the documents. Can I come tomorrow, sir?Manager: Yes, It Is better that if come with all the comments tomorrow it would be very easy to fill up the form. Client: Sir, should I take the application form and go? Manager: Yes, it would be better so that tomorrow the work will go faster. (The client goes near the gate, as he reaches the gate the manager calls her back) Manager: Hello, Miss. Mary. Client: Yes, Sir. Manager: Something which Is very Important that I have forgotten. Client: What Is it SST Manager: It Is regarding the witness. Client: What It means by witness?Manager: Witness means that the person one who has the bank account In our Ann. Has to Introduce you to the bank. Client: Is It compulsory, Sir. Manager: Yes, It Is mandatory. Otherwise you will not be able open an account. Client: Thank you very much, Sir. I am very much pleased with you for Glenn me all the Information needed to open an account In your bank. Manager: k. Thank yo u. Client: Thank you so much, Sir. I shall come with a witness and with all the documents tomorrow. Every dark cloud has a silver lining. By monogamy 23 Manager: Yes, you can collect from the next desk. Prior to it please produce the Can I come tomorrow, sir?Manager: Yes, it is better that if come with all the Manager: Something which is very important that I have forgotten. Client: What is it Sir? Manager: It is regarding the witness. Client: What it means by witness? Manager: Witness means that the person one who has the bank account in our bank has to introduce you to the bank. Client: Is it compulsory, Sir. Manager: Yes, It is mandatory. Otherwise you will not be able open an account. Client: Thank you very much, Sir. I am very much pleased with you for giving me all the information needed to open an account in your bank. Manager: k. Thank you.

Why is it important to develop relationships in infant and toddler care?

During their first years of life it is crucial that infants develop confidence, self-esteem and a feeling of security and trust in the people who care for them. These factors give them a secure base for all of their subsequent social and emotional development. Babies who develop this â€Å"emotional security† are then more likely to become toddlers who have the confidence to â€Å"walk alone. † Alicia Lieberman discusses this concept of â€Å"walking alone† in her book, The Emotional Life of the Toddler.In order to become independent learners, confident to explore the world around them and try new things, toddlers must first of all develop a sense of trust. This sense of trust builds when the infant has developed secure attachments with caregivers, and feels reassured, valued, respected and truly cared for. Obviously a child whose emotional needs are not being met through the development of secure and positive relationships with caregivers, will focus more on get ting those needs met than on exploring and learning.Research on what helps children be successful at school, carried out by Heart Start through the â€Å"Zero to Three† organization, emphasises the need for children to be curious in order to learn. The research identified seven characteristics of successful learners, and among them, curiosity. Infants and toddlers have a natural, healthy curiosity, a trait that should be encouraged in a safe way by their caregivers, as it is vital for their confidence, self-esteem and learning. Those children who do not develop secure attachments to their caregivers will be less likely to show this lively curiosity in their world.Helen Raikes has described in her 1996 article, A Secure Base for Babies: Applying Attachment Theory Concepts to the Infant Care Setting, how babies that had developed secure attachments were more likely to explore their surroundings, join in with play and interact with the adults in the setting. These infants know t hat they can look back and â€Å"return to base† if need be. It was the British psychiatrist, John Bowlby who identified four stages of attachment of the child to the mother or the primary caregiver.He noted that during the third stage, (between the approximate ages of 7 and 24 months), infants often develop a strong attachment to the primary caregiver and may develop â€Å"separation anxiety† if that caregiver is replaced by someone else. Continuity of the caregiver, the development of a consistent, caring relationship with one person, is therefore very important for infants at this stage, as they may experience much trauma if a change of caregiver takes place at this time. However, the first characteristic of successful children, identified by the Heart Start research, was that of confidence.Children’s feelings of competence and confidence develop as a result of secure, positive relationships with their caregivers. Also, the confidence that comes from having a clear sense of their own identity means that children are more likely to develop empathy and respect for others and feel relaxed and secure in the company of other adults. Confident children who can interact successfully with their peer group will more easily develop the social skills needed for their future success. Of course, co-operative interaction with others, either children or adults, will help further their learning too.But perhaps the most pressing need for the development of relationships in infant and toddler care arises through consideration of those children who come from an unstable home environment, where their emotional needs have not been met by their parents. The social and emotional growth of these children will be furthered hindered and delayed if they are then not given any opportunity to develop a continuous, positive relationship with a primary caregiver, assigned from the time of the child’s enrolment up until he or she reaches the age of three or eve n five.How can primary and continuous care be implemented in order to develop a relationship with a child? It is the responsibility of the primary caregiver to respond appropriately to the infant or toddler to ensure that their emotional needs are met. An â€Å"appropriate† response is one that makes the child feel respected, valued and cared for. Just as all relationships take time to develop, so must primary caregivers take time to really get to know the children, become aware of their personality and temperament, their likes and dislikes and body language cues.This is the first and foremost response that will help to build a relationship and ensure children’s emotional needs are met. In order to get to know children, it is important to become sensitive to the cues and messages they send out – both verbal and non-verbal. In turn, caregivers should be vigilant about their own body language cues as well as the words they use because when children become aware of negative feedback, (both verbal and non-verbal), from their caregivers it can greatly affect their self-esteem.The caregiver should aim to give positive responses to the child, using open and friendly body language, eye contact, smiles, nodding etc. Of course, this does not mean that the caregiver must always say â€Å"yes† to a child’s demands, if those demands are unreasonable or unsafe, and assertive behavior management strategies should be applied whenever they are necessary. Along with ensuring the quality of responses and care given by the primary caregiver, continuity of care can be implemented in three ways: †¢ Children can be placed in mixed age groups. This means that the children under 2.9 years of age can be cared for in the same room, as long as the requirement ratio is adhered to for the youngest child in the group. †¢ Children can be placed in groups of the same age. This ensures that when the children are ready, they and their caregivers will move to the next environment. †¢ Children can be placed in groups of the same age, and will stay in the same room. This means that the children remain in a setting that is familiar to them, while the learning materials and resources of the room change in accordance with their developmental progress.However, the concept of primary and continuous care must take into account the fact that a major amount of the childcare day is spent doing routine care giving activities, such as toileting, hand washing, eating, etc. Since these routine activities take up so much time, the development of a relationship with the child must be prioritised during these times. In their book, The Creative Curriculum for Infants and Toddlers, Dombro, Colker and Trister-Dodge emphasise that this job of building a relationship with a child should be the focus of the caregiver’s work.Although learning activities should be included as part of a quality curriculum for a child, in practice they only for m a small part of the child’s day – the majority of that day being spent doing routine activities. Therefore the â€Å"curriculum† for a child does not only consist of learning activities. If relationship building is to be given the emphasis it deserves then the daily routines need to be considered as â€Å"curriculum† too, since the majority of daily adult-child interaction takes place during these daily routines.Routine activities can be made enjoyable and fun with lots of opportunities for learning built in; the caregiver can interact with the child in a friendly and positive way during these times, showing the child that s/he is valued and respected. If caregivers are aware of the importance of building positive relationships with the children in their care then they will have no doubts whatsoever that they must work in accordance with the maxim, â€Å"relationship is curriculum†. References Dombro, A.L. , Colker, L. J. & Trister-Dodge, D. (199 9). The Creative Curriculum for Infants and Toddlers. Washington DC: Teaching Strategies. Lieberman, A. (1993). The Emotional Life of the Toddler. New York: Free Press. Raikes, H. (1996) â€Å"A Secure Base for Babies: Applying Attachment Theory Concepts to the Infant Care Setting,† in Young Children, 51 (5), 59-67. Zero to Three (1992). Heart start: The emotional foundations of school readiness. Washington DC: Zero to Three. http://www. zerotothree. org

Bangladesh Health Care System essays

Bangladesh Health Care System essays The personal, relational and collective well-being have been the progressive feature of the health care management. However, the conceptual clarification is required for the analysis of the 'positive, needed and recent development in health promotion' (Karl, 2004), which is achievable through synergistic applications. In this regard, the health care management is urged to differentiate among 'sites, signs, sources, and strategies (Mark, 2002) associated with the well-being. The progress is the function of different parameters that includes temporal, ecological, participation, and capabilities; the application of which is approval of these domains. The temporal domain has been referred to as 'timing of interventions and entails a continuum from reactive to proactive strategies', whereas the ecological domains refers to the 'site of interventions, ranging from person-centered to community-centered' (Marika, 2002), the participation domain is the 'voice and choice of citizens and consu mers in delivery of services and access to resources' (Suad, 2003), and lastly the capabilities is reference to the potential and concentration of the strength and/or deficits. It has been argued that the concentrated and primary focus on 'strength, prevention, empowerment, or community conditions' (Gupta, 2003) is not sufficient, and framework has to be devised which ensures 'the benefits of their synergy and the risks of their fragmentation' (Gupta, 2003). The situation has been marked as the crucial interface for the 'paradigm shift in health and human services', and this requires the formulation of the strategy which shall be adopted for the reliability of the 'strengths, prevention, empowerment, and community conditions', which offers considerable protection and sustainable development of 'well-being of all' (Karl, 2004). Application of Force Field and Well-Being Paradigms The millions of Bangladeshis are not registered to any health insuranc...

Fed Action Essays

Fed Action Essays Fed Action Essay Fed Action Essay Name: Course: Lecturer: Date: : Fed Action The decision by the fed to purchase agency mortgage-based securities at $40 billion each month is intended to spur economic growth by increasing the rates of employment, and by reducing the interest rates. The fed will only review its decision once it sees signs of economic growth. Central banks use interest rates as a way of regulating the economy. The interest rates affect the rates of mortgages that people have to pay, and it determines the rates at which people borrow money. High interest rates discourage borrowing since it means that people have to pay more for the loans they have taken. On the other hand, low interest rates encourage borrowing and increase spending. The government’s decision means that it has to print more money to buy the bonds. By increasing borrowing, the government hopes that it will increase spending, and that this will in turn increase hiring opportunities, as people take more loans to create businesses. Although low interest rates are an incentive for people to borrow money, other factors affect contribute to this decision, including increase in wages and the current economic situation. Fed’s decision will ultimately decrease the interest rates, but it is doubtful whether this decrease will lead to economic growth. Banks will be more willing to increase their lending rates since they are assured of more money in their accounts (Hilsenrath and Peterson). Some people argue that quantitative easing by the government will only benefit a few individuals. They argue that people do not borrow because of low interest rates, but that their decision to borrow stems from the fact that they see an opportunity of doing so. Therefore, for many individuals, interest rates are not an incentive for borrowing. The only thing that will compel them to borrow is if they experience an increase in real wages, which will give them more confidence that they can pay their loans. Many people are paying off debts, which they have held for a long time. Many of them will not consider borrowing as a wise move, seeing that they are facing financial crisis. In addition, some people have lost their jobs, and borrowing money is not the first thing that they will consider. Some people would consider borrowing money in an economy that supports job creation, and in a stable economy. However, they are afraid of borrowing if they think that the economy will not help them support and sustain their businesses. The low interest on mortgages will only help the housing and construction industry. While low interests on mortgages make home ownership cheaper, other factors contribute towards making the decision to purchase homes. The economy cannot grow while depending on a single sector. The fed’s decision will only benefit the housing and construction industry. Several people will benefit if the housing sector improves since they will get jobs. This will also improve and enhance job creation in other related industries. However, these jobs are not a true reflection of the country’s economy, since they will not translate to an increase in jobs in other sectors. The decrease in interest rates might discourage some investors. The investors will feel that they are not getting real value for their money, and they will be reluctant to invest in the country. This will decrease the chances of the country getting more jobs. Moreover, some investors can decide to pull out of the country, and they can decide to set their jobs elsewhere, where they are guaranteed returns. This decision will mean that some companies will relocate to overseas, and this will lead to job losses. : Hilsenrath, Jon and Kristina, Peterson. Fed Acts to Fix Job Markets. Wall Street Journal. 2012. Web. 18 October, 2012