In applying for this fellowship in cardiology, I am reminded of the expression we had on our unit that if you want to see how valuable a minute is, look at a man who missed a train, but we say go the chest pain unit. I will always remember that first day when as that day when my cardiology fellow got a pager from the ER physician that there was a patient with STEMI. He literally ran down the stairs because there was no time to use the elevator, ran in to the ER seeing the patient, checking the EKG and calling the attending physician all at the same time. He was not the only one who had that response, but rather everyone did, including the nurses, technicians, and transport staff. They all kept in mind that time is muscle and did their best to send the patient to the catheterization unit within fifteen minutes.
Portfolio optimization is a mathematical model that is applied in the process of investment decision-making across a set of assets or financial instruments. This model was invented by Prof. Harry Markowitz in the 1950s. While developing this model, Markowitz was trying to solve the following problem: Given a fixed collection of assets, determine the portfolio that combines the assets using an optimal fixed percentage asset allocation given the risk preferences of an individual investor (Prigent 2007). Portfolio optimization is based on a number of assumptions, including the investment will be for a single period of time, asset prices display a jointly distributed lognormal random walks, unconstrained asset allocation, and the objective is to capitalize on the predictable utility of wealth at the end of period. Portfolio optimization can be undertaken using various techniques but the most common include quadratic programming, mixed integer programming, as well as nonlinear programming. In addition to being applied as an investment decision-making tool, portfolio optimization is also used in divestment and capital allocation decisions (Wachowicz and Horne, 2008).
Social responsibility is an idea that has been of concern to mankind for many years. Over the last two decades, however, it has become of increasing concern to the business world. This has resulted in growing interaction between governments, businesses and society as a whole. In the past, businesses primarily concerned themselves with the economic results of their decisions. “Today, however, businesses must also reflect on the legal, ethical, moral and social consequences of their decisions” (Anderson 15). This paper will discuss the concept of corporate social responsibility. It will give the definition of the phrase, and identify some of the global factors that necessitate corporate social responsibility. It will discuss the importance of corporations setting up corporate social responsibility projects, and the impact these have on society. Social corporate responsibility and the maintenance of high ethical standards is not an option but an obligation for all business.
Bank History and Overview
The Royal Bank of Scotland Group Plc. or the RBS refers to a holding company of one of the leading and largest financial services and banking groups (Datamonitor Report, 2011). Primarily, RBS operates in the United Kingdom, the United States (Citizens), Asia and other international markets through its main subsidiaries NatWest and Royal Bank. The RBS is headquartered in Edinburg Scotland with an employment base upwards of 150,000. Historically, RBS was founded in 1727 as a corporation by grant of a Royal Charter (Datamonitor Report, 2011). RBS expanded all over Scotland during the 19th century and by the 20th century; it had established its presence in several parts of England. It acquired several acquisitions such as Glyn Mills and Williams Deacons Bank through its strategic expansion in England. Equally, it amalgamated with the National Commercial Bank of Scotland, which had already diversified its networks and customer bases across the region (Datamonitor Report, 2011). During the 1970s, RBS expanded to other oversea finance and leasing markets such as Hong Kong and the US.
Arguably, logistics in the recent year has tremendously changed, with the adoption and growth of transport management systems, GPS, Warehouse management systems, GIS, as well as supply chain management. As a matter of fact, operations are the pillar of any organization, whether non-profit industries, marketing or manufacturing services.
There has been unprecedented debate over economic policies with the advent of globalization marked by increased international labor mobility (Stilwell et al, 2004). But while in some economies, trade restrictions and protectionism has continued to hinder labor mobility, other economies are increasingly opening up their borders for international labor flow. This is a field of inquiry that has continued to attract attention of social scientist than many other aspects of globalization and world economy (Fanning and Munck, 2011). There has been substantial theoretical and empirical research on international migration of healthcare professionals in the last decade, a trend that has also invited multilateral financial institutions such as World Bank and international agencies like World Health Organization. The economic implications of healthcare professional mobility have thus; become fundamental public policy concern (Debisette, 2011).
According to Spielvogel, Leonardo da Vinci was one of the greatest Italian Renaissance artists, which was once explained that a painter will create paintings of small merit if he shall use the work of other as a stand; but if he will study from natural objects, he shall bear good fruit, especially for those who shall use nature as their standard.
John Dewey is the American philosopher who can be seen as the leader of the pragmatism school of thought. This pragmatism school of thought is in essence the naturalistic view that knowledge surfaces when a human being actively adjusts to his surroundings instead of observing the world in a static, inactive manner (Internet Encyclopedia of Philosophy).
This is just one of the simple ways of identifying unknown compounds and separate mixtures. It is a separation technique that works based on the compound interactions as those compounds tend to move within a supporting medium. The compounds interact in two phases which are the mobile and stationary phase. The technique helps in analyzing, identifying, purifying and quantifying unknown separable mixtures. The mobile phase is either a liquid or gas which moves the solvent through the stationary phase during the process. The stationary phase is a liquid or solid component that is fixed in a place for the procedure.
The Carlsbad Resolutions of 1819 seem like an extreme measure to control the youth as much as possible. The students are usually the open minded ones, and if you can limit their freedom, then you can limit rebellion, if you can limit rebellions, then you can avoid unexpected costs. This seems to be what the creators of these resolutions were thinking about. There resolutions are outrageous.