Tuesday, December 24, 2019
Age Related Changes in the Cardiovascular System - 843 Words
Case Study # 2: Age-Related Changes that Occur in the Cardiovascular System Sarah Miller ITT Technical Institute As the heart ages it goes through changes such as thickening of the walls, slowing heart rate, decrease in maximum heart rate, loss of efficiency in pumping. The layers of the heart include the pericardium, epicardium, myocardium, and endocardium. The pericardium is the membrane that protects; it is a sac that the heart sits in and has a layer of fluid between for shock and absorption. The epicardium is the first layer of the heart. The myocardium is the second layer of the heart where the walls are not in contact with blood and are also the parts that contract. The endocardium is where the blood makes direct contactâ⬠¦show more contentâ⬠¦Medications can help treat congestive heart failure and can help a person live longer. Lifestyle changes are important to improving the quality of life. Heart failure can be prevented by controlling risk factors and condition that cause heart failure. Myocardial infarction is commonly known as a heart attack. It occurs when blood flo w to the heart is blocked for so long that part of the heart muscle is damaged or dies. The greatest risk of sudden death is in the early hours. Chest pain in the most common symptom along with a shooting pain in the left arm, anxiety, fainting, dizziness, and nausea. References Jenkins, G., Kemnitz C.,Tortora G. Anatomy and Physiology: From Science to Life. Hoboken, NJ: John Wiley amp; Sons, 2010. 619. Print. Celli, B. (2009, October 23). Homeostatic Regulation of Blood Pressure. Retrieved January 23, 2013, from http://www.ehow.com/about_5565094_homeostatic-regulation-blood-pressure.html Your Aging Heart: Whatââ¬â¢s Happening?. (n.d.). Retrieved January 24, 2013 from http://www.thirdage.com/heart-health/your-aging-heart-whats-happening Coronary Artery Disease: MedlinePlus. (n.d.). Retrieved January 23, 2013 from www.nlm.nih.gov/medlineplus/coronaryarterydisease.html Mayo Foundation for Medical Education and Research (2011, December 23). Retrieved January 24, 2013 from www.mayoclinic.com/health/heart-failure/DS00061 Heart Attack. (2001, January 18). Retrieved January 24, 2013 from U.S. National Library ofShow MoreRelatedAge Related Changes That Occur in the Cardiovascular System950 Words à |à 4 PagesAge Related Changes that Occur in the Cardiovascular System Age Related Changes that Occur in the Cardiovascular System In the normal conduction of the heart the electrical impulse starts in the SA node, also called the pacemaker of the heart. The electrical impulse travels through the right atrium and through the Bachmannââ¬â¢s bundle into the left atrium. This stimulates the atria to contract. Next the signal travel to the AV node. The AV node slightly delays the signal. This delay is neededRead MoreAge-Related Changes that Occur in the Cardiovascular System Essay example1192 Words à |à 5 Pages Case Study 1 Unit 2: Age-Related Changes that Occur in the Cardiovascular System Slide 1 The title page introducing what subject I am planning on presenting to the residents of the independent living facility. It tells them who I am and what subject is being presented. The residents that I am going to be addressing are healthy, active and mentally alert senior who want to learn more about health conditions that are affecting their age group in general and are of major concernRead MoreRecommendations For Preventing Cancer And Cardiovascular Disease Essay1306 Words à |à 6 Pages 6 Steps to Prevent Cancer and Cardiovascular Disease By Roger Lawry | Submitted On October 14, 2011 Recommend Article Article Comments Print Article Share this article on Facebook 1 Share this article on Twitter Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest Taking these 6 steps will significantly improve your health and preventionRead MoreCauses And Differences Between Men And Women The Aging Process1399 Words à |à 6 PagesIs there a gender difference in chronic illness such as cardiovascular disease, chronic kidney disease, hypertension and parkinsonââ¬â¢s disease, for older adults in North America? Aging is inevitable, it is part of nature and as an individual ages, they become more at risk for developing a chronic illness such as cardiovascular disease, chronic kidney disease, hypertension and parkinsonââ¬â¢s disease. A chronic illness is classified as a disease that lasts for at least 3 months and is progressive whichRead MoreOklahoma State Department Of Health1233 Words à |à 5 PagesOklahomaââ¬â¢s leading cause of death is cardiovascular disease. Overall, Oklahoma ranks number 48 in having the highest amount of cardiovascular disease-related deaths. We are the third worst in the nation, only being beat by Alabama and Mississippi. (Americas Health Rankings, Oklahoma State Data, 2014) In 2013, Oklahoma had a total of 9,703 deaths from cardiovascular disease. Heart disease accounts for 29.6% of all deaths in Oklahoma. Overall, out of every 100,000 people who die in Oklahoma, 252 ofRead More Social Health Research Essay1715 Words à |à 7 PagesIntroduction This study aims at providing insight and documentation into the publicââ¬â¢s understanding of cardiovascular disease, the global leading cause of death. Data shows that a large percentage of cardiovascular disease (CVD) is preventable, however, the numbers continue to rise (WHO, 2011). The first part of the report will explain CVD and discuss the related economic burden. Next, relevant literature is reviewed to report on previous studies of the same subject. Finally, the study paradigmsRead MoreImproving The Mortality And Morbidity Of Cardiovascular Disease980 Words à |à 4 Pages1. Innovation to improve the mortality and morbidity of cardiovascular disease in developing countries may involve new surgical procedures, new implants and pacemakers, coronary artery bypasses, surgical treatments for Atrial fibrillation, repair of congenital heart defects, heart transplants, aortic arteries repair, replacement or repair of heart valves, and aneurysm repair (Hsieh, Chang, Lee, Chen, C han, 2012). Moreover, the innovation involves the integration of computer charting and data collectionRead MoreThe Human Body, A Biological Organization Of Physiological Cascades1323 Words à |à 6 Pagesorgan systems can dramatically influence the potential outcomes of a patient. It is multiple deployments of singular compensatory mechanisms in response to abnormal changes that provides this infinite flexibility. While this continuous flexibility is illustrated in lifestyle diseases such as hypertension and diabetes, its role in acute attention-demanding events are remarkable. An example of such an attention-demanding occurrence is the presence of tension hemothorax. Affecting two organ systems, respiratoryRead More Progeria Essay936 Words à |à 4 PagesProgeria is a rare, fatal, genetic condition that comes from the Greek word progeros meaning prematurely old. In the greek language, the word ââ¬Ëproââ¬â¢ means before and the word ââ¬Ëgerasââ¬â¢ means old age. Anot her name for progeria is Hutchinson-Gilford Progeria Syndrome. Hutchinson-Gilford Progeria Syndrome (HGPS) was first described in 1886 by Dr. Jonathan Hutchinson and also in 1897 by Dr. Hastings Gilford in 1897 ââ¬â both in England. Hutchinson- Gilford Progeria Syndrome is reported about 1 in 8 millionRead MoreThe Control Of Cardiovascular Disease1595 Words à |à 7 Pages Control Of Cardiovascular Diseases In Developing Countries Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Lorem ipsum Mr Lorem Ipsum Lorem Ipsum Lorem Ipsum Cardiovascular diseases were once considered to be the scourge of the industrialised world given their affluent, comfortable lifestyles and dietary choices. However, in recent decades there has been a proliferation
Monday, December 16, 2019
Brief Article Teaches You the Ins and Outs of Ut Essay Topics and What You Should Do Today
Brief Article Teaches You the Ins and Outs of Ut Essay Topics and What You Should Do Today The next time you've got an assignment, you know that you'll be able to create a special essay using Essay Generator FX. Both essay questions have various formats and focuses, so make sure that you understand what the questions are asking you to do before you commence writing. The essay demands proficient handling and skilled strategy. Argumentative essay is thought to be one of the most difficult assignments to finish. Things You Should Know About Ut Essay Topics Writing a research paper even though may appear challenging is a considerable portion of normal student life. Literature is also regarded as an intriguing portion of the topic. however, it isn't o popular since most students aren't able to fathom the criticality of the exact same. Writing is a present that comes naturally. Studying only will help improve your abilities. As a student you should have the interest to work on a specific topic and excel in the exact same. Academic papers play an extremely important part in your academic success. For a student in the center school the typical topics are associated with science and history. For instance, you can pick a topic for elementary, middle, or higher school. The Number One Question You Must Ask for Ut Essay Topics With just essay questions and a few keywords it's going to be able to make written work that's unique, creative and absolutely free of plagiarism, in only a couple of seconds. Additionally, you can capture reader attention with the aid of funny essay topics. You can select a topic that apparently appears unique and fascinating, but when it has to do with finding relevant details on it there is none. If you're not too knowledgeable about the subject of the assigned essay it's going to be even harder to produce valuable suggestions and thought provoking concepts. You'll not have to be concerned about the appropriateness of your title. It would be better to reflect on ideas that are not that controversial, since the emphasis is on the sparking off of the thinking process than reflecting the capacity to deal with complex ideas of life. The option of compare and contrast essay topics isn't a simple task because you have to clearly show your analytical skills. There are many techniques for making an excellent title that will underline the principal idea of the personal narrative essay topics you're examining. The primary goal of topic choice for a proposal essay is to demonstrate the idea can be put into place in practice. Finding the most suitable topic is both important and hard at the exact same moment. It would be less difficult to learn more about the theme and write about doing it. Students require the essay topic generator like they require food. Today, most college students find it difficult to compose an essay on a particular topic. The more you comprehend the simpler it's for you to compose a thriving research paper. Typically, all you have to do is to state the topic and you'll obtain an entire essay sample to carry on working all on your own. Regardless of what essay topic you are given, our essay generator will have the ability to finish your essay easily. No matter if you're looking for essay topic generator or simply want professional assist with your college or university essay, we are pleased to supply you with a help hand! Persuasive essay is one of the most tough forms of essays, yet is it one of the most favorite professor's assignments. In fact, a thesis is the center of the full paper. It is the core of the whole essay.
Sunday, December 8, 2019
This Essay Is About Risk Management in the Financial Sector
Question: Discuss Essay About Risk Management In the Financial Sector? Answer: Introduction Business and corporate bodies invest in the business because they want to take a risk and create value for the investors. The process of managing the risks determines whether an organization will be able to achieve its goals and objectives. Organizations are expected to manage both internal and external risks. Internal risks start from within the organization and are influenced by internal risk decision making processes. On the other hand, external factors are found in the operating business environment and affect all businesses operate in a given industry (Dutta and Perry, 2006, Madura, 2010, and Stowell, 2012). What happens in the global risk affects all businesses irrespective of the industry and the region they are operating in. This could be very well explained in the context of Global Financial Crisis (GFC). Global Financial Crisis is considered one of the worst finances crises to have ever happened in the world history. The global economic started in 2007 and was because of th e loss of confidence by the USA investors in the sub-prime mortgages. This caused a liquidity crisis. The situation forced the US Federal Bank to inject a huge amount of capital to the financial markets. This worsened the situation further by spreading across the globe. The crisis became tense. Many homeowners could not afford to pay their loans since their value of their homes plummeted (Giacometti et al. 2008). Many people in the process could default paying their loans forcing many banks to repossess them. Even though the crisis triggered a global financial crisis, many experts and management professionals do believe that the situation did give an opportunity to come up with better lending regulations. The credit derivatives partly contributed to the situation since it reduced the incentives to monitor the borrowers and as such fuelling the crisis. The credit widely expanded because the risk exposure had increased across. In the light of this, the article will critically analyze operational risks, credit risks and system risks surrounding the performance of corporate bodies today. The essay will also consider the issues related to governance and compliance management models. Finally, the role of ISO31000:2009 in risk management will also be discussed. Risk theme discussion Operational risk Operational risk is from within the company. A well designed operational risk plan can be used to develop elaborate risk management tools that will ensure business continuity and sustainability in a highly risky business environment. It is an avenue of dealing with business disasters and recovering from unexpected risks (Mengle, 2007). Operation risks are as a result of internal systems, processes, and decision-making procedure. To be able to deal with an operational risk, one must develop a risk map which identifies, examine, communicate and mitigate all the risks. A loss associated with operation risks arise from inadequate organizational procedures, systems, and policies. Employees, for example, can make an accounting error that could easily lead to a loss. In other cases, because of weak internal control measures, employees can engage in a fraud that will take many days to be realized. For example, the reasons Lehman Brothers is because of the operational risk. Maintaining its ba lance sheet was a disaster. The company had very weak internal financial management system (Aue and Kalkbrener, 2007). When the company wanted an emergency, it could get because it had no collateral to back up the same. Its calculations could not qualify the company even though the reports that it was giving to the staking were indicating good performance. Lehman became a victim of operational risk and consequently failure after it acquired three main mortgage lenders. Among the three lenders are BNC Mortgage and Aurora. The two lenders specialists in Alt-A which refers to those loans that are issued without much documentation. Although at first the idea of acquisition looked to be a good thing because of the record revenues from real estate business, it could not sustain for long. Once the market started trembling, money was not flowing from the real estate businesses. Between 2004 and 2006 Lehman did record the highest revenues from capital markets as 56% from 10%. In three consec utive years starting 2005, the company also made record profits. Now, the failure of the company could be blamed on its internal policies, procedures, and systems. The decisions to finance the acquisition purely is an internal decision. The decision to make a massive investment on the acquisition to gain from the lucrative real estate business was not the best (Roe, 2011). One could argue that if the company had strong internal systems, the risk could have been low and that business will have survived the economic storm. The decision was a miscalculation since some defaults in the subprime mortgages had already been reported. This was noted in the first quarter performance report of the USA housing market. The business operations would have allowed diversification of risk to have more revenue sources in case one failed. Credit risk Credit risk, on the other hand, refers to that risk that will occur if the borrower will not repay the loan. The lender, in that case, stands to lose both the principle and the interests charged on the amount of money borrowed (Cruz, 2003). This risk is more common when the borrowers expect to use the cash flows to finance their debts, but they do not get that cash flow. That means that the loans will default and the banks will lack the cash to run their operations. This is the problem that was experienced in the Global Financial crisis. Many investors did borrow to invest in the real estate business based on the tip the demand for the same was going to increase something that never happened. The industry collapsed because the anticipated market was never there. Many of the investors were not able to pay back their mortgages. The outcome was that banks lacked the capital to run their operations. This risk is one of the worst to many banks that have no strong internal controls on lend ing. This is a risk that is always there. Whenever banks give credit cards, mortgages and loans, they should expect that risk. However, more important is the percentage of the credit risk that can be accommodated, and that cannot affect the running of the business (McNeil, Frey and Embrechts, 2005). Consider the case of Bear Steams failure. The company did fail because of the hedge funds. Hedge funds are used to explore high-risk strategies that can generate more revenue to the business. Hedge funds are used for the defensive move and are invested in complex and aggressive but highly risk projects to maximize wealth for the shareholders. In some occasions, some companies are forced to borrow in what is commonly known as collateralized debt obligations (CDOs). Because many companies cannot finance the projects using their capital alone, they use CDOs. The highest risk is when you are not able to pay back the debt because the project failed. The collateral used will not be recovered. That is what happened to the company after massively investing the housing market. The portfolio managers could not ascertain the credit risk associated with the investment. This led to the company collapse when the housing market failed since it could not afford to pay its debts under the CDOs. The connection that is there between the operations systems is that the higher the operational risks, the higher the chances to experience high credit risks. Take the case of Lehman has confirmed this. The operations of an organization determine how an organization is exposed to credit risk. Consider a situation where a company takes a detailed study of a business opportunity before investing (Giacometti et al. 2007). It helps the company to identify the possible risks, assess it and determine the possible impact it will have on the business. This aspect was missing when Lehman was acquiring the three leading Mortgage lenders. It did not analyze the risk situation because the internal systems did demand for the same. The same applies to The Bear Stearns since the company portfolio managers did not bother to analyze and monitor the risk that was associated with the investment. Systemic risk Finally, the system risk happens when a decision taken at a company level can trigger major instability or even the collapse of the entire industry. This could be explained in the GFC context. It is the decision to invest massively in the housing market that led to GFC. However, the impact of the systematic risk is determined by the size of the company involved. If the company facing the systematic risk is large, the loss will be enormous, and all the players in the industry will feel the impact (Wisdom, 2009). The result of poor risk management starting with operational risks, credit risks and systematic risk, is the lack of liquidity for the business. This is because many of the investments are not planned for, and the risks that might affect their performance mitigated or even eliminated if possible. Because the various companies did not good risk management policy and did not involve various stakeholders in making investment decisions, they were affected by the financial crisis, and they could not sustain themselves because they did not have more revenue sources to keep their operations running. Role of derivatives products in the financial crisis The objective of the credit derivatives was to help the lenders manage the credit risk and more especially when they felt that there was a risk of the borrower not paying back the money borrowed. The CD was a versatile and flexible instrument that was used by the partners to efficiently deal with the credit risk exposure (Minton et al. 2009). The intention was to minimize or eliminate the credit by providing insurance against those losses that may be incurred in the credit events and also to enhance the performance of the participants regarding profit making (Schich, 2010). A CD swap was the most common type of CD that happened between two partners over-the-counter (OTC). The CD swap was used to shift the credit risk exposure to the credit seller. It was effective in reallocating the risk and establishing mature and diversified credit exposures. The credit transfer has two major effects in the financial markets. First, it has made the process of trading in credit risk easier. Second, it has made the process of financial transactions to be more complex because it involves the use of a third party. A better part of critics has argued that the CDs had a role in the financial crisis. This is because the lenders shifted the role of monitoring and managing the risk to the sellers. Because of the CD s, credit exposure did enhance, and many people did borrow to invest in the housing market. Because the sellers of the CDs were the one dealing with the borrowers, it was to access the credit (Sjostrum, 2009). It did not come to the notice of the lenders that if the borrowing is not controlled will have a serious impact on the banking and insurance industry. Because of this, the CDs have been blamed for the following three main reasons: First, the major participants in the market Lehman Brothers and Bear Stearns, as well as AIG, did allow the huge construction of risk positions that lead to the systematic risk in the industry. The three participants, through the CDs, did create enormous credit exposure (Warren, 2010). Because of their size and the investing they were controlling in the i ndustry, they were creating a huge systematic risk, and immediately the market collapsed, the impact was felt in the financial sector across the globe. Second, because of lack of transparency in Collateralized Debt Obligations (CDS), various entities in the market did manipulate the industry to portray other players as weak and therefore could operate well in the market because of the financial position (Acharya and Johnson, 2007). Finally, because of the CDs, there was greater financial connectivity among the financial institutions. This made the impact worse and a global issue because many different financial entities across the globe were involved. That is why the market failure in the U.S affected the world economy as a whole. Governance and non-Compliance in risk management Governance is an oversight role and the process through which a company identifies and mitigates various risks. On the other hand, compliance charged with the process of ensuring that the company has both internal processes and controls that ensure it meets the minimum requirements that are imposed by legal authorities and industry regulators (Ashraf et al. 2007). These two concepts are important in creating a platform for evaluating and controlling various risks following a certain process. In risk management, governance plays a very vital role in developing appropriate frameworks on how to deal with various risks. To start with, all organizations are subjected to regulatory bodies, management boards, and other executive teams. The governance role in risk management include defining and communicating specific corporate risk control measures, the policies to follow, the possible risks that an enterprise is facing and its management (Eberlein, et al. 2007). Governance also ensures that all regulatory policies and compliance requirements are met. These are clearly outlined in the company code of ethics. Further, governance plays a significant role in evaluating the overall performance of the business using a well-balanced scorecard. In general, governance helps to integrate organizational performance with risk management. Governance, therefore, ensures that are well-controlled business activities and decisions that are guided by available potential risks (Cruz, 2002). Comp liance starts immediately when the company starts to follow regulations. Compliance is meant to regulate the business in such a way that it operates within the accepted limits. Compliance is not one-time event, but a continuous process. Governance ensures that all policies and regulations are followed and that the business follows the right route to reach its goals and objectives. Role of ISO31000:2009 ISO 31000:2009 is a very important standard that could be used to ensuring that various risks affecting organizations regarding performance and professionalism as well as environmental obligations and societal needs are considered. The standard in the modern business environment provides clear principles and guidelines for managing risks. The standard is important because it can be applied by any given organization no matter the size. Further, the standard enhances the chances of organizations attaining their objectives through improved opportunity identification approach. Finally, it also provides a guideline on how to carry out both internal and external audit activities. This is supportive to compliance since it ensures that the company is operating within the required framework (ISO, 2017). Conclusion This essay has critically analyzed the concept of risk management in the finance sector. Particular reference has been given to the Global Financial Crisis (CFC) and the facts surrounding it. The main concepts that have been covered in this discussion include Operational risk, credit risk, and systemic risk. The other concepts also include the Role of derivatives products in the financial crisis and Governance and non-Compliance in risk management. The ISO31000:2009 standard and its role in helping bring sanity and good business management principles have also been discussed. In general, in the future, the following solutions could be applied to help manage the financial risks: First and foremost, there is the need for corporate bodies to adhere to operational, credit and systematic principles to promote good governance and proper decision-making procedures. Second, there is also need to enhance risk management processes to avoid making arbitrary decisions that can make organizations make losses. Further, it is also important for corporate organizations to consider engaging in financial re-engineering activities to ensure that resources are well utilized for optimum performance. References Acharya, V.V. and Johnson, T. C. (2007). Insider trading in credit derivatives. Journal of Financial Economics 77:110-141. Ashraf, D., Altunbas, Y., and Goddard, J. (2007). Who Transfers Credit Risk? Determinants of the Use of Credit Derivatives by Large US Banks, The European Journal of Finance, V. 13, Issue 5, 483-500. Aue, F. and Kalkbrener, M. (2007). LDA at Work: Deutsche Banks Approach to Quantifying Operational Risk. Journal of Operational Risk, 4993 Cruz, M. G. (2003). Developing an Operational VaR Model using EVT. Chapter 7 in Advances in Operational Risk: Firm-wide Issues for Financial Institutions, 2nd ed. Risk Books. Cruz, M. G. (2002). Modeling, Measuring and Hedging Operational Risk. Chichester: John Wiley Sons Ltd. Dutta, K. and Perry, J. (2006). A Tail of Tails: An Empirical Analysis of Loss Distribution Models for Estimating Operational Risk Capital. Working Paper 06-13, Federal Reserve Bank of Boston. Eberlein, E., Frey, R., Kalkbrenner, M. and Overbeck, L. (2007). Mathematics in Financial Risk Management. Jahresbericht der DMV109, 165193. Board. (2006). Fourth Quantitative Impact Study 2006. Federal Reserve Board, Washington, DC. Giacometti, R., Rachev, S., Chernobai, A. and Bertocci, M. (2007). Aggregation Issues in Operational Risk. Journal of Operational Risk, 2, 5590. Giacometti, R., Rachev, S., Chernobai, A. and Bertocci, M. (2008). Heavy-tailed Distributional Models for Operational Risk. Journal of Operational Risk, 3, 323. ISO (2017). International Organization for Standardization: Great things happen when the world agrees, Available on https://www.iso.org/iso-31000-risk-management.html Madura, J. (2010). International Financial Management, Abridged 10th Ed. USA. Mengle, D. (2007). Credit Derivatives: An Overview, Economic Review, Fourth Quarter, Federal Reserve Bank of Atlanta. McNeil, A. J., Frey, R. and Embrechts, P. (2005). Quantitative Risk Management. Princeton University Press. Minton, B. A., Stulz, R., and Williamson, R. (2009). How Much Do Banks Use Credit Derivatives to Hedge Loans? Journal of Financial Service Research 35:pp131. Roe, M. J. (2011). The Derivatives Market's Payment Priorities as Financial Crisis Accelerator, Stanford Law Review 63, pp539-90. Schich, S. (2010). The role of insurance in the recent financial crisis, Insurance Markets, and Companies: Analyses and Actuarial Computations, 1 (1), pp. 45-53. Sjostrum, W. K. (2009). The AIG Bailout, Washington, and Lee Law Review. Vol. 66, Issue 3: 943-991. Stowell, D. (2012). Investment Banks, Hedge Funds, and Private Equity. 2Ed, Academic Press, USA. Stulz, R. M. (2010). Credit Default Swaps and the Credit Crisis, Journal of Economic Perspectives, American Economic Association 24(1), 73-92. Warren, E. (2010). AIG Rescue, Its Impact on Markets, and the Government's Exit Strategy. Princeton University Press Wisdom, G. (2009). Wisdom on Value Investing: How to Profit on Fallen Angels, John Willy Sons, New Jersey, Canada.
Sunday, December 1, 2019
Role Of Sport Tourism In Development Tourism Essay Essay Example
Role Of Sport Tourism In Development Tourism Essay Essay Sport touristry is a new construct in the universe holding the most growing in touristry industry. Many of states enjoy an appropriate position with regard to feature touristry and, consequently, lend straight to their nation`s economic prosperity. Hence, the end of this research is comparison and study of touristry directors, involvement directors and tourisms`ideas about creative activity of athletics tourism-induced employment and income in Mazandaran-Iran. The tool of this research is a researcher-made five graduated table likert questionnaire. The questionnaire dependability and the coefficient cogency were confirmed by experient professors and with ( ? = 0.82 ) , respectively.Finally, The information analysis carried out utilizing the SPSS package and ?2 statistic trial. The consequences show that occupation creative activity ( ? 4.360, p- 0.35 ) and income production ( ?2 -1.633, p- 0.80 ) were antecedently at a minimal However, the function of touristry industry development is believed to make occupations ( ?2 9.740, p- 0.04 ) and income ( ?2 5.224,0.51 ) . Compared with other surveies, the present research indicates that future athletics touristry industry influences occupation and income production in the parts hosting the athletics events provided that the athletics touristry industry and its several substructures are well-developed. We will write a custom essay sample on Role Of Sport Tourism In Development Tourism Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Role Of Sport Tourism In Development Tourism Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Role Of Sport Tourism In Development Tourism Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Cardinal word: athletics touristry, touristry economic, income, employment, athletics, touristry, occupation. Introduction Sport touristry is a comparatively new and of all time increasing industry in the touristry industry concentrating on the mark planning in the development states.It is besides believed athletics touristry shall reconstitute the rural and urban communities from societal and economic positions.Seemingly sport touristry shall better the individuals`life quality through tourer attractive force and consequences in the economic public assistance of the local communities ( Swart and Bob 2007 ) .Sport touristry is defined as impermanent motion from one s colony to go through their free clip playing and watching games and so forth ( Preuss et al 2007 ) . Today, athletics and touristry are concerned with the of import economic activities in the developed and developing states ( Swart and Bob 2007 ) .Based upon the universe touristry organisation estimates,43 % of the universe occupations will be associated with touristry industry by 2010.For illustration, from 1997 to 2005, athletics touristry brought about an one-year addition in gross domestic growing ( 1.3 % ) resulted from economic activities with respect to keeping large athletics competitions, and unemployment declined by 1.9 % on one-year footing ( Kasimati and Dawson,2009 ) .Thus, the athletics can considerably act upon sport-based services and merchandises in footings of functional and ocular dimensions.Hence, it is considered as one of the effectual factor extremely influencing national growing and gross in 21th century ( Brown and Nagel,2002 ) . The corresponding surveies indicate that athletics touristry is the most developed sector of touristry industry ( Chalip,2004 ) such that it is regarded as a universe multi-billion trading component bring forthing 4.5 trillion dollars for touristry industry and universe circuit ( Tassiopoulosa and Haydamb,2007 ) . Tourists are a main beginning of income and employment for the population of the hosting part ( Batyk and Ski,2009 ) that is why, the universe metropolitans consider Olympic games as a alone chance for local selling, because a possible economic advantage of being the host of a large athletics event is to pull many witnesss and tourers to the hosting metropolis and accordingly, it shall positive economic effects ( Preuss et al,2007 ) .Most published documents in footings of Olympic games have chiefly focused on its long standing benefits such as new substructures and installations, the cities` Reconstruction, international credibleness, touristry growing, public public assistance betterment, occupation creative activity and local employment chances.Thus, gratuitous to state why in recent old ages, states have tended to host the approaching competitions ( Kasimati,2003 ) .Then, athletics touristry is considered as an effectual tool to cover with poorness and unemployment and increase e conomic growing and societal public assistance of the communities, particularly developing states ( Eftekhari,1999 ) There are two sorts of athletics touristries: the first one employs athletics for the interest of its touristry development advantages, while the other one is the consequence of sport-based activities ( Tassiopoulosa and Haydamb,2007 ) .So the communities should take both types into history ( Daniels,2007 ) so as to optimally take advantage of their positive consequences. Since there are assorted motivations as for engagement in the athletics activities such as competition, diversion and going to watch preliminary or prime competitions or athletics attractive forces ( Tassiopoulosa and Haydamb,2007 ) , natural resources athletics and touristry installations play a important function in pulling tourers to the host metropolis, part or state. In this respect, Kozak studied the factors act uponing athletics tourer trip sing their finish and nationality. His consequences indicated that adjustment, installations, clime, monetary value rate, geographical location of the host part and entree to sea coast were the grounds as for why English tourers had traveled to Malt and Turkey ( Kozak,2005 ) . Mazandaran state is regarded one of the taking touristry centres due to its favourable nature and geographical locations ( Mazandaran_based touristry organization,2008 ) .No uncertainty, touristry is one of the of import sectors in terns of economic development of Mazandaran.This status applies for the communities, particularly Mazandaran, in which persons pursue assorted activities to do money. Since application of local resources to do and heighten income minimizes the dependence upon national resources, such communities shall prevail in the long tally depending on their local resources ( Poudial et al,2008 ) .Given possible resources in Mazandaran like Mazandaran sea, assorted vegetations and zoologies, picturesque mountains, woods and coast, Damavand acme ( 5670m ) , caves, waterfalls, rivers, watering place, springs, lagunas particularly Miankahe peninsular in Behshar,800 well-known monumental and historical musca volitanss like Amol, Chalous, Sari, rivers, lakes bank, musca vol itanss, waterfalls, state Parkss, protected countries and wild life, conserves and natural-national plants, mineral Waterss, . It might a best pick for tourers with assorted motivations. The parts in which athletics and athletic activities is a portion of their civilization can certainly take advantage of domestic and international tourers, addition indigens income and at the same clip, minimise the unemployment and rising prices rate.Here, persons pursue a broad scope of assorted activities to do money ( Tao, 2008 ) .Hence, the present research attempts to happen a answer to this inquiry: to what extent has the athletics touristry influenced the occupation and income creative activity in Mazandaran-Iran. Methodology: The present research is of descriptive-analytical type for which the researcher-made questionnaire conducted based upon the Likert s 5-item graduated table. Its cogency and dependability coefficient confirmed by experient university module professors and Cronbach alpha ( 82 % ) . The statistical population, here, was Mazandaran state. Furthermore, all statistical sample was 3 groups 1 ) .31 tourers 2 ) .12 interested directors 3 ) .12 tourism-cultural heritage organisation directors. The directors were chosen on the footing of their handiness, while the tourers chosen utilizing simple random trying. In add-on, statistics like frequence and per centum every bit good as chi-square applied for statistical descriptions. Findingss: The present survey included 16.4 % adult females and 83.6 % work forces with average age of 31.Also, 30 % and 70 % of them were individual and married, respectively.Additionally, 43.7 % had sheepskin, whereas 56.3 % had higher instruction. Most of our samples were employees whose mean salary ranged from 300-400 dollars. Table 1 presents the frequence distributions of our samples viz. tourers, tourisms-cultural heritage organisation directors and interested directors Table 1 Sample frequence Number Percentage Tourists 31 56.4 Tourism-cultural heritage organisation directors 12 21.8 Interested directors 12 21.8 entire 55 100 Equally far as illative statistics was concerned, all 3 groups disagreed about the thought that investing in touristry and athletics industry had antecedently led to the young person employment in the part based upon the consequence gained from chi-square analysis ( x2 =4.360, p=0.35 ) Figure 1: all 3 groups position points sing occupation creative activity in the part in footings of athletics touristry in the yesteryear. However, the consequences indicated that all 3 groups would hold about the fact that investing in sport touristry in Meandering will surely make occupations ( x2=9.740, p=0.04 ) . Figure 2: all 3 groups position points sing occupation creative activity as a consequence of investing in sport touristry industry in Mazandaran On the other manus, the chi-square analysis consequences as to whether investing in athletics sector ( e.g. wrestle ) would take to occupation creative activity stimulated all 3 groups dissensions ( x2=1.631, p=0.9 ) Figure 3: all 3 groups view point sing occupation creative activity ensuing from investing in athletics sector ( wrestling, for illustration ) in Mazandaran in the old old ages The qi -square consequences as to whether sport touristry development would act upon the peoples income in the hereafter induced all 3 groups understanding ( x2=5.224, p=0.51 ) Besides, the chi-square analysis as to whether athletics ( e.g. wrestle ) had increased the people s income in the yesteryear yielded all 3 groups dissension ( x2=1.663, p=0.89 ) Discussion: The present survey aimed to look into the athletics touristry impact upon occupation and income creative activity in Mazandaran -Iran taking tourers, interested directors and tourism-cultural heritage organisation directors position points into history. These groups position points reflected the fact that occupation creative activity rate in footings of investing in the athletics touristry in Mazandaran had been at lower limit. The research consequences indicated that occupation creative activity based upon investing in local athletics ( e.g. wrestling ) was undistinguished, every bit good. So, it was perchance that the fringy occupation creative activity was associated with deficiency of related installations and substructures. Similarly, a instance survey by Bud and Matson ( 2002 ) showed that the impact of Los angles Olympic games ( 1984 ) and Atlanta Olympic games ( 1996 ) upon unemployment had wholly been impermanent, while the stable status resulted merely when new installations and substructures were economically geared for the undermentioned old ages ( Kasimatia and Dawson,2008 ) .It is notable that athletics touristry is made up from two footings viz. touristry and athletics. So that one should see both elements exhaustively, whereas these two elements have been disregarded in the state. This ground complies with Manson s findings ( 2007 ) reasoning that the host parts should see both athletics res ources and touristry services wholly ( Danilzo,2007 ) .The present survey consequences indicate that the tourers and interested directors point of views sing whether investing in sport touristry would convey about occupation creative activity in Mazandaran differed with those of cultural heritage organisation directors who tended to differ about this fact, whereas both tourers and interested directors would hold about it. The ground for that tourers and cultural heritage directors dissension lies in the fact that they handled athletics touristry as the separate constituent and did nt see sport touristry as a occupation creative activity tool which, now, has outperformed other industries. However, Kazimatia and Dawsons` surveies ( 2007 ) asserted that holding been the host of assorted athletics competitions, Greece would witness a important decrease in unemployment through 1997-2004 during which, on norm, there was 1.88 % one-year decrease in unemployment rate.Similarly, Balfonsa and Sava ( 2002 ) estimated that Olympic games will make 7700 new occupations between 2006-2012 ( Kasimatia and Dawson,2007 ) .Also, the surveies showed that Sidney Olympic games ( 2000 ) would make 5300 occupations in the south Walzder-Australia and 7500 occupations throughout Australia ( Lockstone, Baum 2008 ) . All 3 survey groups in the present survey would hold that touristry industry might positively act upon the people s income in Mazandaran province.The research is besides in conformance with the findings of Shepenger et Al ( 2003 ) , Daniels ( 2007 ) , Collisa et Al ( 2008 ) , Tassiopoulosa and Haydamb ( 2007 ) .In footings of the impact of local athleticss ( e.g wrestling ) in the state upon the indigens income, all 3 groups would nt prefer this thought and related their dissension to deficiency of installations and substructures in the touristry and athletics Fieldss However, the findings of Mason and Mundaya ( 2008 ) .Lockstone and Baum ( 2008 ) indicated that the hosting parts enjoy considerable addition in income due to keeping athletics events Recommendations: 1 ) An betterment and addition in natural and semisynthetic substructure so as to efficaciously pull athletics tourers. 2 ) An investing in presenting Mazandaran state as a alone athletics touristry part. 3 ) An enterprise to incorporate touristry and athletics touristry activities.
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