Macroeconomic Policies

Macroeconomic Policies An overview of the crisis and its impacts The 2008 global recession hit hard at many developed economies, of which, the United Kingdom is included (United Nations, 2009, p.39). Primarily, there was noticeable instability that diffused in a multiple sectors such as housing, banking, financial markets and then into all the other sectors.Advertising We will write a custom term paper sample on Macroeconomic Policies specifically for you for only $16.05 $11/page Learn More The crisis did not only surge into developed countries, but also broke through their boundaries getting into developing nations, where the long term economic progress in those nations was greatly interrupted. Given that majority of the poor people were from developing countries, their economic stability is likely to be greatly affected incase of such a global credit crunch. One of the effects will be a decline in exports due to a decelerating economic pace at this period. Secondly, since the fa ll in export trade was expected to be higher in advanced economies compared to developing economies, the latter’s terms of trade are likely to drop incase of a crisis especially due to a decline in non – oil exports (Lin, 2008, p.7). Thirdly, due to a drop in the number of external sources of finance for investment, the level of investment in many economies faced a major decline during this period. A slackening in labor markets caused most employees to either lose their jobs or have adverse cut on their earnings. Declining house prices, debt and house repossessions were some of the impacts in the United Kingdom (Springett and Ledwith, 2009, p.52). An investment rush was already in place five years before the crisis in most of these economies. A decline in investment funding made most of these projects to be incomplete, leading to the inability of banks to recover loans. On the other hand, completion of these projects resulted to overproduction due to global slowdown he nce leading to deflation. A collection of all these aspects led to decline in the Gross Domestic Product of most developing countries (Lin, 2008, p.8). It is on the basis of these negative effects of the global recession that the group of twenty countries (G-20) met in the United Kingdom to come up with new macroeconomic policy mechanisms in response to the recession.Advertising Looking for term paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More International coordination The first macroeconomic policy established by UK was international coordination (IMF staff, 2009. p. 12). At first, it was inadequate, but as the recession aggravated, many attempts were made to enhance enlightenment and cooperation. Even though the advantages are acknowledged, internal difficulties have occasionally superceded over the attempts of such coordination. As the crisis subside and the demand for unusual defensive measures redu ce, the demand for international policy measures may rise as the United Kingdom start unrolling crises control policies. Two main hurdles emerge, one of them being that the domestic cooperation between government agencies in the devising and implementation of unwinding policies may be buttressed. Two, systems for organization in the United Kingdom must be stepped up so that geocentricism does not choke the attempts of normalizing the global economic set up. International decision making bodies like the International Monetary Fund could implement such efforts in enhancing both shared enlightenment and cooperation between the United Kingdom and other nations (Truman, 2009, p.5). The effectives and credibility of this policy can be enhanced through efficient communication of the policy objectives by the United Kingdom authorities. This will go a long way into directing personal anticipations elucidating changes to be adjusted in line with policy making. The current move by Britain to a llow foreign investment within its boundaries is perhaps a move to implement this policy (The Economist, 2010) Diagnosis The second policy involves diagnosis. Just like other countries, the United Kingdom is using diverse mechanisms to diagnose the situation surrounding its financial set up. This entails an appraisal of the potency of the main borrowers, an evaluation of the credibility of the banks’ business models and the projection for medium term benefits in the upcoming economic actuality emanating from the recession. Instead, the United Kingdom has depended on the stress tests to assess the type and size of risks that can destabilize its financial set ups (Wilkinson, Spong and Christenson, 2009, p. 51). This has led to non – public announcement of its actions.Advertising We will write a custom term paper sample on Macroeconomic Policies specifically for you for only $16.05 $11/page Learn More During the first quarter of 2009, the United Kingdom carried out stress tests on main banks. Although the results were not made public, they were used to ascertain role playing in Asset protection Scheme (IMF staff, 2009. p.13). Following the use of stress tests in the United Kingdom, other countries emulated the same move. Stress tests may not effectively evaluate the medium – term strength of a financial organization. Response to shocks, though an imperative element in such an assessment, leaves out vital components such as the ability of main borrowers, the feasibility of the business representation and the aggressive level of the firm. Secondly, stress tests alone are not enough and should be combined with well established emergency funding strategies (The European Department, 2008, p. 27). For these reasons, the United Kingdom may deem fit applying another approach for evaluating the medium – term capability of its financial organizations. Like other developing economies, the United Kingdom chose not to publ ish the outcome of the stress tests conducted on its banks. This is based on fears that if reasonable but stern stresses are used, these indicators may be interpreted as economic anticipations. Making the results public could however deteriorate trust in the economy. Additionally, concerns about market responses may cause the nation to under evaluate the weaknesses of its financial institutions. Credit Guarantees The third macroeconomic policy that UK initiated was creditor guarantees. There was an increased insurance deposit amount which was aimed at raising compensation covers. In most cases, the government also introduced blanket debt guarantees. This minimized fears concerning counterparty risk, enhancing accessibility to market funding. United Kingdom was applied this program on a large scale. The guarantee policy was very effective in improving market entrance. General bond issuance rose during the first three months of 2009 in the United Kingdom.Advertising Looking for term paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More By guaranteeing creditors about the willingness of the government to boost the financial mechanisms, general trust began coming back during early 2009. Consequently, there was an increase in remittance of non-guaranteed debts, indicating increased admittance to market financing. Capital injection Fourthly, there was capital support from the government. The amount of government capital injection was higher before the second quarter of 2009 than it was before this time (Lambek and Amtil, 2009, p.24). This was perhaps meant to offset the economic imbalances that had been caused by the 2007 recession (Xiao, 2009. p. 6). With respect to the establishment of the bank stabilization programme, the United Kingdom government committed itself to the release of three emergency packages that included payments towards those who had been unemployed and tax exemptions on house sales (The Economist, 2008). The reduced public spending for recapitalization may not be maintained. The Stress tests may b ring out other unrecognized deficiencies that ought to be dealt with. Additionally, two occurrences could raise the demand for capital support. One, the global economic distress while appearing to be subsiding could lead to banks registering more Non-performing Loans. Two, latest changes in accounting that restrict a market-to-market requirement could recur, bringing about the aspect of asset price instability and the need for buttressing capital shields. Incase the private markets cannot be able to raise such capital requirements, and then use of public resources may then be employed. Management of distressed assets There was the asset management policy where distressed assets were handled in two different ways. Whereas some of the assets held in the financial books were guaranteed, others were removed. With respect to guarantees, the United Kingdom launched a program to handle this (IMF staff, 2009, p.18). Although the program is closed, the final transactions with two of its bank s are in a limbo. During the first quarter of 2009, the United Kingdom devised mechanisms of dealing with distressed assets. The mechanism did not entail removing the assets from the balance sheet like was the case of the United States, but it rather involved cushion against losses on various groups of assets above a certain brink. Although guaranteeing assets provides sufficient time to restructure distressed property, it may not necessarily be the best alternative of restoring confidence in the financial institutions. Guarantees are only effective if there are anticipations that the value of the asset will be restored. Such guarantees may enable financial institutions that are closer to their borrowers to restructure assets. Additionally, if the bank is able to access the advantages of risk transfer via guarantees, then inducement to do away with the assets may decline. However, there may also be circumstances under which guarantees may not be efficient thus calling for fresh atte mpts to get off distressed assets from the banks’ transactions. One of the reasons as to why removal of assets has not been stressed is that accounting regulations have restricted price unpredictability emanating from market-to-market asset prices. Another reason to continue applying asset removal mechanisms is that some assets especially those that are complex in nature may not be easy to resolve and for that matter, may overstay in the bank records making it difficult for banks to continue registering profits. Thirdly, acuity of bank soundness could be encouraged by removal of assets hence formalizing the true value of losses to see to it that those losses that are problematic are dealt with. Moreover, removal of these assets will make it easy for banks to focus on their future activities without having to deal with such problematic property (Ait-Sahalia, et al, 2009, p.9). Monetary policy Interest rate cuts were coordinated by central banks during the time of global crisis . This was done to a larger extent than had been done before. This had the biggest impact in comparison to other types of economic policies put in place to respond to global recession (IMF working paper, 2009, p.17). Reference List Ait-Sahalia, Y. et al. 2009. Market Response to Policy Initiatives during the Global Financial Crisis. Web. International Monetary Fund staff. 2009. Updated Stocktaking of the G-20 Responses to the Global Crisis: A Review of Publicly Announced Programs for the Banking System. Web. IMF Working Paper. 2009. How to Stop a Herd of Running Bears? Market Response to Policy Initiatives during the Global Financial Crisis. Web. Lambek, P. A., 2009. AMTIL – The Source. NY: AMTIL Publishers. Web. Lin, J. Y., 2008. The Impact of the Financial Crisis on Developing countries. Web. Springett, M. and Ledwith, J., 2009. Participatory Practice: Community-Based Action for Transformative Change. OR: The Policy Press. Web. The Economist. 2010. Foreign Takeovers in Brit ain. Web. The European Department. 2008. United Kingdom: Staff Report. International Monetary Fund. Web. Truman, E., 2009. The IMF and the global crisis: Role and Reform: Peterson Institute for International Economics. Web. United Nations. 2009. World Economic Situation and Prospects 2009. Web. Wilkinson, J., Spong, K. and Christenson, J., 2009. Financial Stability Reports: How Useful During a Financial Crisis? Web. Xiao, Y., 2009. IMF working Paper: French banks Amid the Global Financial Crisis. Web.

Word Choice Anymore vs. Any More - Proofeds Writing Tips Blog

Word Choice Anymore vs. Any More Word Choice: Anymore vs. Any More How much difference can one little space make? Well, with the words â€Å"anymore† and â€Å"any more,† it can be the difference between using a term correctly and having errors in your writing! Good news, though! Your work will be free from mistakes if you follow our vocabulary advice. Anymore (No Longer) Who wouldnt want more of this? When written as a single word, â€Å"anymore† is an adverb that means â€Å"no longer.† For example: Nobody cares about vaudeville anymore. Here, we suggest that people have stopped caring about vaudeville (a sad truth). The adverb â€Å"anymore† is therefore modifying the verb â€Å"cares.† In all cases, â€Å"anymore† refers to time. This term used to be written as two words, but in modern English the one-word version is standard. Any More (An Indefinite Quantity) When the words â€Å"any† and â€Å"more† are separate, they refer to an indefinite quantity of something. This phrase is therefore used as a determiner, such as in the following: I cannot stand to see any more Broadway musicals. In this sentence, using â€Å"any more† allows the speaker to say that they don’t want to see another musical without specifying a number. It also implies that they have already seen at least some Broadway musicals, as otherwise they would not need to say â€Å"more.† Language from Across the Pond†¦ As usual, British English is a bit behind the times. Consequently, the single word â€Å"anymore† is less common over there than it is here, so you might want to avoid it if you are writing for the Queen. Her Majesty is not amused by modern grammar.(Photo: Foreign Commonwealth Office/flickr) Anymore or Any More? These terms look similar on paper, but each has a special use. The key is that the one-word term â€Å"anymore† always means â€Å"no longer,† so it is always related to time. The two-word version, meanwhile, always refers to a quantity of something. Remember: Anymore = Time Any more = Quantity

Meaning of Life Essay Example | Topics and Well Written Essays - 1000 words

Meaning of Life - Essay Example Besides these tortures, he encountered constant threats of being thrown into the gas ovens probably because of his physical appearance. However, in spite of the experiences he faced in the three camps that he served, he emerged as a visionary person. His reason for being optimistic was that human beings hold the freedom of choosing the manner in which they view the circumstances they undergo on a daily basis. Therefore, they create meaning from such circumstances. Frankl outlined three experiences that the prisoners went through after their arrival at the concentration camps, during their stay there and after they were freed from the camps. After realizing where they had been taken to and the reason for their transfer, the first experience that the prisoners felt was the shock. Later, the shock would be replaced by a second experience. The experience would be the phase of psychological reaction as well as apathy. These were the necessary methods that the prisoners would use to cope with the abuse that they received from their supervisors. During this stage, the fear of death was no longer the prisoners’ concern. On the contrary, the part that was most painful was the insults that they received. The prisoners would be given uniforms that were more of rags (Frankl, 7-26). Also, they would be issued with shoes most of which did not fit them. Those who had reported with better shoes had no choice but to give them to the SS guards or risk s evere punishments. At a time, the prisoners were forced to walk bare footed on the snow since their shoes had been worn out. The author describes a twelve-year-old boy who he saw being taken to the sickbay. The boy had been forced to stand attention on the snow bear footed for hours because there were no shoes for him at the camp. The results were that the boy’s toes got some frostbites. Frankl writes that there was a frequent

Content Analysis Essay Example | Topics and Well Written Essays - 1500 words

Content Analysis - Essay Example This essay shall revolve around the thesis that news coverage in two websites would be different because of the specific social, cultural, and political undertones impacting on the website. Examples from evidence gathered shall help support this thesis. This essay shall gather its evidence for 10 days by browsing through news websites to peruse political and other news. Specific news items shall be chosen and then compared to other perspectives or news items from other websites. This process shall be carried out with different websites from western and Asian settings choosing within the time period for data gathering. A comparative analysis of the news articles shall follow this data gathering process. Main Body News terms and definitions There are different terms which need to be defined before this comparative analysis can proceed. Firstly, news agenda refers to the list of news items or topics which editors would choose to follow. The news values on the other hand refer to the imp ortance which is allocated on a certain news item. Sources are the individuals and other relevant items where the information would be gathered. Aljazeera and BBC These two news outlets are considered trusted international networks with the British Broadcasting Corporation being the most extensive news outlet in the world. It is considered a public corporation with measures undertaken in order to ensure its independence from the government (Briggs, 1985). It transmits to millions of homes worldwide, including hotels, resorts, and is now easily accessed via phones. Aljazeera on the other hand is a news outlet based on Qatar and was designed mostly to focus on Arab news and events (Seib, 2008). It is also the largest news outlet in the Middle East, mostly offering an Asian, mostly Middle East Asian perspective on the news. It also runs 24 hours a day with coverage in other countries expanding through the internet (Seib, 2008). This news outlet mostly highlights a less western influenc ed perspective on current events and affairs. Aljazeera and CNN In comparing the content of Aljazeera and CNN, the Aljazeera news provides a more international variety in its news while the CNN is more US and western focused (Flournoy and Stewart, 1997). Where other perspectives on the news are sought, the reader needs to go to the regional levels of their news outlet, including CNN News Asia where the Asian news can be seen. For Aljazeera, the focus is understandably the Middle East, however, they also include the international news in their front pages (Maalouf, 2008). News Agenda The news agenda is dominated by the Syria issue. In news outlets like CNN and Aljazeera, the threat of a nuclear arms threat from Syria has been discussed, and the position of the US on the issue has been dominant in the news agenda as several related articles have been seen in the past 10 days in these news outlets. The news agenda also includes various discussions and opinions on the Syria issue from t he perspective of the US and the rest of the world, including Britain, Russia, and Syria itself. The brewing nuclear threat has been emphasized in the articles, and seems to mimic the same pathway by which the Second Gulf War with Iraq eventually unfolded, with UN nuclear inspections being suggested by the international community and demands by the US President for the international community to take more decisive actions on the issue. UN inspections have been carried out on Syria, however, the international

Three Pigs Corporation Essay Example for Free

Three Pigs Corporation Essay * Relevant Facts 1. There are essentially three major categories of hog inventory—live hogs ready for sale, developing animals, and processed pork products. 2. Not all live hogs in other locations that cannot be easily transported and processed at the Company’s main processing plants. As a result, these live hogs must be sold to third parties at spot market prices. 3. There are several factors, including increased supply of pork due to the capture of the Big Bad Wolf, have lead to the declining prices for their live hog on the spot market. * Solution Analysis Complying with the periodicity assumption and the conservative principle, marking inventories down will better reflect the value of the inventory. There are several parts mentioned the inventory impairment in ARB43, Ch.4 Par.9: The rule of cost or market whichever is lower is intended to provide a means of measuring the remaining usefulness of an inventory expenditure. Inventory losses from market declines should not be deferred beyond the interim period in which the decline occurs. There are four alternatives to deal with this inventory case of the Company. i) Under the lower of cost or market method on a total inventory basis GAAP requires that the inventory be written down to the lower of cost or market when substantial evidence exists that market prices will recover before the inventory is sold. A write-down is generally required unless the decline is due to seasonal price fluctuations (FASB Cod. # 270-10-45-6). In this case, if it can be determined that the future prices for lean hogs decline only for a temporary period and will recover before the end of the fiscal year, the inventory could be record on a total inventory basis. However, IRS regulations say the types of items to be included in the same pool should be â€Å"substantially similar.† It seems that the three major categories of hog inventory are quite different products. It is not appropriate enough to put all of them into a single pool. ii) Under the lower of cost or market method based on end product category The method that marking down only live hogs that cannot be processed into pork products seems to be reasonable to some extents. The live hogs processing at the Company’s main processing plants do not need to make cost adjustment because the spot market does not affect their price while the other hogs that cannot be processed have to be marked down to reflect the value. ARB43, Ch.4 Par.11 â€Å"If there is only one end-product category the cost utility of the total stockThe inventory in its entiretymay have the greatest significance for accounting purposes.† However, there are three categories in this case. And the developing animals and live hogs to be processed internally and to be sold to third parties are not different in nature. Even though they will be with different price because of the different processed method, it is not appropriate to evaluate them separately. iii) Under the lower of cost or market method on an individual basis to the extent possible Although there are some advantages to evaluate at the individual level, such as accuracy, it is not a practical way. Firstly, the specific identification method may be practical only in a few situations in which units are costly and can be easily distinguished. The cost of each individual is not identifiable in this kind of complex manufacturing and retailing situation. Secondly, the method may become too expensive to use as the increase of the volume and the cost of record keeping. Thirdly, the amount of profit varies even though the units of inventory are identical. The ability of earnings management is not allowed under GAAP. iv) Under the lower of cost or market method by inventory category To evaluate the impairment of inventory under the lower of cost or market method by inventory category seems to be the most practical and reasonable method in this case. The lower of cost or market method is accurate only if the goods in the inventory are perfectly homogeneous. The Company’s inventory of three categories meets this criterion here. Markups and markdowns do not exist at the same time and all the marked-down items will be sold by the end of this fiscal year. * Conclusion My recommendation is that all hogs are impaired and can be marked down to reflect the value using the LCM by inventory category. Based on the analysis above, this seems to be the most appropriate method that would most accurately reflect the intent of US GAAP. * Interim reporting Interim financial information is essential to provide investors and others with timely information as to the progress of the entity. However, GAAP states clearly that temporary market declines need not be recognized at the interim date since no loss is expected to incur in the fiscal year. If the company recognizes a decline and then reverses it in a later interim period, it should recognize a loss recovery and increase the inventory value by the amount of the recovery, but only up to the original cost (FASB Cod. #270-10-45). In this case, the inventory price is expected to be recovered by the end of this fiscal year and should be sufficient to recover the cost of the Company’s inventory. Such temporary declines do not need to report in the interim report.

We Need Corporal Punishment in the Classroom Essay examples -- Pro Spa

Thesis: Educators should be allowed to use some forms of mild physical discipline in order to ensure that schools remain safe, structured environments where all children can learn effectively. Violent crime in U.S. schools is a real problem despite tough safety measures. As such, it is increasingly important that teachers and administrators are able to take steps to manage student misbehavior and prevent small infractions from escalating into more serious threats. The occasional spanking can be an extremely effective means of reducing disruptions, and many expert psychologists and pediatricians agree that it has not been shown to have any appreciable negative effects on children, nor does it encourage aggressive behavior. Corporal punishment is most effective when policies regarding its use are clearly communicated and strictly followed, when both parents and students are made aware in advance of the consequences of various infractions, and when spanking or paddling is used judiciously and as a last resort when other options have not delivered results. School Violence is All Too Real In an ideal world, schools would be the safest place for children when they are outside their own homes. Schools would function as stimulating, creative havens of education and exploration where all students were equally able to learn in an atmosphere of peaceful study. Although many schools do manage to live up to this vision, the reality is that violent crimes regularly take place on school grounds all across the United States, including over twenty in the 2004-2005 school year alone. Despite ever tougher safety measures, such as the installation of metal detectors, the adoption of zero-tolerance policies, and police officers on campus, our n... ...ailed reviews of the scientific literature on corporal punishment and notes that the body of research on the subject show that the negative effects of spankings are similar to those of other disciplinary tactics. Further, when practiced infrequently, spanking can actually be more effective than other measures of discipline at reducing certain types of behavior. Conclusion Centuries of common sense and many scientific studies indicate that there is nothing intrinsically harmful about corporal punishment if it is used as one out of many possible options for disciplining children when they risk the safety of others. Teachers and school officials should not be criticized for taking steps to maintain the safety and order of the school environment, especially if the occasional spanking helps to prevent more serious and potentially dangerous misconduct down the line.

Workplace Project Action Plan

PLEASE USE THIS FORM FOR YOUR ACTION PLANThe purpose of the workplace project (and this course) is to develop an awareness of the health disparities and the barriers vulnerable populations face/endure in seeking and obtaining health care and achieving wellness. The focus is the barriers presented by the health care providers. Your presentation needs to address those barriers by providing information/education targeted towards changing their preconceived perceptions or bias of a specific vulnerable population to effect a positive change in health care delivery/intervention in the future. Your action plan should state your objective of your educational intervention and describe what you are going to do to achieve that objective. This includes the type, if any, audio/visual aid, or a teaching plan. Try to be as specific as possible.Vulnerable population: ElderlyObjective of your teaching initiative: What are you going to teach to your staff? Barriers the elderly face accessing healthcar e after discharge. Why are you addressing this particular population? Our unit takes care of mainly elderly patients.What are the barriers this population faces: What is your staff's barriers/bias toward this population? Workplace Project Action Plan: Toni R. CrankPLEASE USE THIS FORM FOR YOUR ACTION PLANThe purpose of the workplace project (and this course) is to develop an awareness of the health disparities and the barriers vulnerable populations face/endure in seeking and obtaining health care and achieving wellness. The focus is the barriers presented by the health care providers. Your presentation needs to address those barriers by providing information/education targeted towards changing their preconceived perceptions or bias of a specific vulnerable population to effect a positive change in health care delivery/intervention in the future. Your action plan  should state your objective of your educational intervention and describe what you are going to do to achieve that obj ective. This includes the type, if any, audio/visual aid, or a teaching plan. Try to be as specific as possible.Vulnerable population: ElderlyObjective of your teaching initiative: What are you going to teach to your staff? Barriers the elderly face accessing healthcare after discharge. Why are you addressing this particular population? Our unit takes care of mainly elderly patients.What are the barriers this population faces: What is your staff's barriers/bias toward this population? The staff’s barriers or biases to this population are mainly assumption that they have family/friends upon discharge home to aid them. Also, I do not feel that the staff assesses their discharge needs as thoroughly as they should.What audio/media tool do you intend to use? BrochureWhat three concepts from this course do you plan to incorporate in your presentation? The concepts I will incorporate are vulnerability, Watson's Theory of Caring, and assessment tools.Please remember the focus of this assignment is to overcome any existing bias or preconceived perceptions your staff may have toward this population in an effort to improve the health outcomes of this population. .What audio/media tool do you intend to use? BrochureWhat three concepts from this course do you plan to incorporate in your presentation? The concepts I will incorporate are vulnerability, Watson's Theory of Caring, and assessment tools. Please remember the focus of this assignment is to overcome any existing bias or preconceived perceptions your staff may have toward this population in an effort to improve the health outcomes of this population. Workplace Project Action Plan The purpose of the workplace project (and this course) is to develop an awareness of the health disparities and the barriers vulnerable populations face/endure in seeking and obtaining health care and achieving wellness. The focus is the barriers presented by the health care providers. Your presentation needs to address those barriers by providing information/education targeted towards changing their preconceived perceptions or bias of a specific vulnerable population to effect a positive change in health care delivery/intervention in the future. Your action plan should state your objective of your educational intervention and describe what you are going to do to achieve that objective. This includes the type, if any, audio/visual aid, or a teaching plan. Try to be as specific as possible.Vulnerable population: ElderlyObjective of your teaching initiative: What are you going to teach to your staff? Barriers the elderly face accessing healthcare after discharge. Why are you addressing this particular population? Our unit takes care of mainly elderly patients.What are the barriers this population faces: What is your staff's barriers/bias toward this population? Workplace Project Action Plan: Toni R. CrankPLEASE USE THIS FORM FOR YOUR ACTION PLANThe purpose of the workplace project (and this course) is to develop an awareness of the health disparities and the barriers vulnerable populations face/endure in seeking and obtaining health care and achieving wellness. The focus is the barriers presented by the health care providers. Your presentation needs to address those barriers by providing information/education targeted towards changing their preconceived perceptions or bias of a specific vulnerable population to effect a positive change in health care delivery/intervention in the future. Your action plan should state your objective of your educational intervention and describe what you are going to do to achieve that objective. This includes the type, if any, audi o/visual aid, or a teaching plan. Try to be as specific as possible.Vulnerable population: ElderlyObjective of your teaching initiative: What are you going to teach to your staff? Barriers the elderly face accessing healthcare after discharge. Why are you addressing this particular population? Our unit takes care of mainly elderly patients.What are the barriers this population faces: What is your staff's barriers/bias toward this population? The staff’s barriers or biases to this population are mainly assumption that they have family/friends upon discharge home to aid them. Also, I do not feel that the staff assesses their discharge needs as thoroughly as they should.What audio/media tool do you intend to use? BrochureWhat three concepts from this course do you plan to incorporate in your presentation? The concepts I will incorporate are vulnerability, Watson's Theory of Caring, and assessment tools.Please remember the focus of this assignment is to overcome any existing bias or preconceived perceptions your staff may have toward this population in an effort to improve the health outcomes of this population. .What audio/media tool do you intend to use? BrochureWhat three concepts from this course do you plan to incorporate in your presentation? The concepts I will incorporate are vulnerability, Watson's Theory of Caring, and assessment tools. Please remember the focus of this assignment is to overcome any existing bias or preconceived perceptions your staff may have toward this population in an effort to improve the health  outcomes of this population.