Exchange Rate Cooperation Essay Example | Topics and Well Written Essays - 1000 words

Exchange Rate Cooperation - Essay Example On the other hand, capital mobility hypothesis explains policymakers choice of exchange rate stability and monetary policy autonomy. Additionally, they explain European Community monetary policies congregated within Bundesbanks price stability standard. However, there are weaknesses in the development of the exchange rate cooperation. The weaknesses develop from the creation and evolution of exchange rate institutions and the policymakers’ ability in stabilizing exchange rates within the institutions. In solving these problems, domestic politics concerned with models of monetary policies and bargaining power needs to be developed. Exchange rate cooperation revolves around the dynamics of neoliberal institutions and capital mobility hypothesis. It is vital for the institution and capital mobility to have proper legislative in monetary politics to enable for the stability of exchange rate cooperation. In the book, Currency of Ideas and Monetary Politics, Kathleen R. McNamara argues that neoliberal consensus theory is not a function that directly raises capital; instead, it is the product of European political leaders’ interpretations of shared ideas (Kathleen 7). Additionally, an example of monetarist paradigm and German policy is used in explaining neoliberal consensus. Kathleen uses paradigms in explaining exchange rate cooperation across the world. Moreover, Kathleen argues that international economy shapes the terrain in which politics unfold. The interpretation of the structure and ideational processes dictate crucial choices of policy content and form. The book cautions against the making of assumptions about effects of economic interdependence on political results without tracing linkages of rising trade and capital flows. This uncertainty has very crucial consequences in the politics of monetary cooperation. Uncertainty obscures the distribution of effects in differ ences of exchange rate regimes (Kathleen 8). It has the high potential of depolarizing policy process by decreasing societal pressures for specific policies and insulating policymakers from public scrutiny.

Which decision of the UK Supreme Court since 1st January 2012, Essay

Which decision of the UK Supreme Court since 1st January 2012, relating to any aspect of Commercial Law, do you think the court got wrong and why - Essay Example In this case, Virgin Atlantic used Zodiac Seats for allegedly infringing the European Parent. At the same time, Zodiac filed an opposition challenging the validity of this patent at the European Patent office. Initially, the UK court ruled that the patent was valid and had not been infringed. Upon an appeal filed by Zodiac, this ruling was reversed and the patent was found to be valid and infringed. Zodiac then appealed to the Supreme Court claiming that principle of res judicata should not apply (Slorach & Ellis, 2012). The Supreme Court assessed the effect of the patent that had been declared invalid. In its judgment, it decided that the invalid patent could not be infringed and that Zodiac was entitled to claim that Virgin had suffered no loss in terms of damages. The controversy in this decision lies in the fact that the Supreme Court challenged the rational of the commercial certainty principle that was used by the court of appeal. The Court commented that in any given situation, only half the parties involved in an action demand commercial certainty. This meant that the decision impacted on the damages and patent litigation in the United

Drug Action On Gut Motility Biology Essay

Drug Action On Gut Motility Biology Essay Describe and explain the effect of field stimulation on ileum contraction? The experiment aims to determine the functional role of different drugs like morphine, atropine or naloxone on contraction of guinea pig ileum using transmural stimulation or acetylcholine applied exogenously. The transmural stimulation is given with an initial pulse width of 0.5ms, frequency 0.1Hz and gradually increasing the voltage until we get a measurable contraction. The transmural stimulation, given to the guinea pig ileum acts on enteric nervous system lining the gastrointestinal system controlling GIT , produces an action potential at the membrane causing depolarisation and permeable to calcium (ca+2) ion and leads to increase in ca+2 ion concentration through voltage gated ca +2 channel. This causes release of acetylcholine (ACh) at synaptic cleft, which are directed to bind with muscuranic (M3) receptors. These act by G- protein couple receptors mechanism. Gs Protein activates phospholipase C (PLC), catalysis the hydrolysis of phosphoinositides, (the phospholipids found within the cell membrane) generates two second messengers inositol-1,4,5-triphosphate (IP3) and diacylglycerol (DAG). These second messengers, influence the protein phosphorylation and effectively regulates the intracellular ca+2 concentration. The IP3 formed binds with the IP 3 receptor and control the release of ca+2 from intracellular store. The DAG mainly activates membr ance-bound protein kinase, protein kinase C (PKC) , have vast cellular distribution and phosphorylate different proteins and become reason for raised intracellular ca+2 concentration causing contraction. These two second messengers initiate the contraction of ileum by field stimulation. 2 . a . Molar concentration morphine Vs contractile response of field stimulated tissue (in mm) Table showing the contractile response (mm) of morphine on field stimulated guinea pig ileum at different molar concentrations Concentration of Morphine (M) Contractile response (mm) 1 -10-10 92 3 -10-10 91 1 -10-9 90 3 -10-9 88 1 -10-8 82 3 -10-8 64 1 -10-7 36 3 -10-7 30 1 -10-6 27 3 -10-6 26 1 -10-5 24 Fig .a. showing the effect of different concentrations of morphine on guinea pig ileum measuring contractile response in mm b. The logarithm of the molar concentration morphine Vs contractile response of field stimulated tissue (in mm) Table showing the different contractile response at varying logarithm of molar concentration of morphine on guinea pig ileum Log Concentration of Morphine (M) Contractile response (mm) -10 92 -9.522878745 91 -9 90 -8.522878745 88 -8 82 -7.522878745 64 -7 36 -6.522878745 30 -6 27 -5.522878745 26 -5 24 Fig. b. Graph showing the effect of log concentration of morphine on guinea pig ileum measuring contractile response (in mm) c. Molar concentration morphine Vs % relaxation of stimulated tissue. Table showing, the % relaxation of stimulated tissue at different molar concentration of morphine. Concentration of Morphine (M) Percentage relaxation of stimulated tissue (%) 1 -10-10 0 3 -10-10 1.086 1 -10-9 2.222 3 -10-9 4.347 1 -10-8 11.111 3 -10-8 30.434 1 -10-7 60.869 3 -10-7 67.391 1 -10-6 70.652 3 -10-6 71.739 1 -10-5 73.913 Fig. c . Graph showing the % relaxation of stimulated tissue of guinea pig ileum at different molar concentration of morphine. d. Molar concentration of acetylcholine Vs contractile response in unstimulated tissue (in mm) Table showing the contractile response of unstimulated tissue (in mm) at different molar concentration of acetylcholine (M) Molar concentration of Ach (M) Contractile Response (mm) 1 -10-8 17 3 -10-8 37 1 -10-7 49 3 -10-7 58 1 -10-6 59 3 -10-6 59 Fig. d. Graph showing the contractile response (in mm) on unstimulated tissue of guinea pig ileum at different concentration of acetylcholine e. The logarithm of the molar concentration acetylcholine Vs contractile response in unstimulated tissue (in mm) Table showing, contractile response (in mm) of unstimulated tissue at different concentrations of acetylcholine. Log Concentration of acetylcholine (M) Contractile Response (mm) -8 17 -7.522878745 37 -7 49 -6.522878745 58 -6 59 -5.522878745 59 Fig. e. Graph showing contractile response (in mm) of unstimulate tissue of guinea pig ileum at different log concentration of morphine. 3. Explain the effects of morphine on field stimulated-induced contractions and how/why this is affected by atropine and naloxone? Morphine is an opioid analgesic drug acts on opioid receptors. There are three major subgroups under opiod receptors:  µ (mu), ÃŽ ´ (delta) and ÃŽ º (kappa) receptors. Morphine mostly acts on  µ receptors. From the graph, during field stimulation-contraction, on addition of morphine of 0.1nM concentration it does not show any much effect initially, but on increasing concentration of morphine it shows gradual decrease in contractile response and sudden downfall of response by half from 100nM to 300nM and then stabilise with little varying response (in mm) in further concentration. This is due to, when morphine is added to the bath of field stimulated-induced contraction the activation of opioid receptors ( µ), via Gi- protein, which inhibits adenyly cyclase, thus decrease in cAMP formation, leading to closing of ca+2 channels and decrease in muscle contraction by inhibting release of ACh at synaptic region. Naloxone acts as competitive antagonist at  µ, ÃŽ ´, ÃŽ º receptors. It is also used as counter the overdose of opioid molecules. When naloxone is added to the field stimulated guinea pig ileum, which is having morphine of certain dose causing dose-dependent decrease in response. The naloxone, acts as competitive antagonist of morphine which replaces the morphine occupied at opioid receptors and reduces the available receptors for morphine to bind and leads to reversing the morphine effect towards field-stimulated contraction. So, the response increases gradually with increase in concentration of naloxone from 200nM to 1000nM and then 3000nM. This shows effective competitive antagonism of naloxone towards morphine activity. In case of atropine, the graph shows, on addition of atropine there is a slightly decrease in response initially and then gradually fall in response due to action of atropine as antagonist at Ach receptor, which occupies the M3 receptor and inhibits the contraction via G-protein receptor mechanism. 4. Explain the observed effects of morphine, naloxone and atropine an Ach-induced contractions and relate this to the effects on field stimulation. From the graph, we know that the morphine and naloxone do not show much significant effect on ACh-induced contraction on guinea pig ileum than field stimulated contratcion. But the atropine show a significant effect on ACh- induced contraction. During field stimulation, the morphine acts via Gi protien (adenyly cylase inhibition) and inhibits cAMP formation and decrease ca+2 concentration and effect the ACh release at synaptic cleft (endogenous). But in the ACh-induced contraction, ACh is available exogenous to occupy the M3 receptors and intiate contraction, showing morphine does not much effect its action as in graph it slightly inhibits just 0.4mm. Naloxone, act as opioid receptor antagonist, may not act on Muscarinic receptors, show no much effect on ACh-induced contraction as ACh in exogenous can direct act on M3 receptors as in graph and which is different in case of field stimulated contratile response, inhibits the morphine action and increases ACh at synaptic region producing significant contraction. Atropine, is a muscarinic (M3) receptor antagonist, the graph shows a significant effect on ACh-induced contractions by atropine. Atropine as competitive antagonist, added to bath occupies the M3 receptors much faster than ACh and inhibits its action, which inturn inhibits ileum contraction.

Alienation in All Quiet on the Western Front :: All Quiet on the Western Front Essays

Alienation in All Quiet on the Western Front      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   According to the Webster's New World College Dictionary, alienation is 1. Separation, aversion, aberration.   2.   Estrangement or detachment.   3.   Mental derangement; insanity.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The theme of All Quiet on the Western Front is about how World War I destroyed a generation of young men. It has taken from them the last of their childhood years, it has destroyed their faith in their elders, it has taught them an individual life is meaningless--and all it has given in return is the ability to appreciate basic physical pleasures. According to Paul, though, the men haven't entirely lost human sensitivity: they're not as callous as they appeared in Chapter 1, wolfing down their dead companions' rations. It's just that they must pretend to forget the dead; otherwise they would go mad.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Remarque includes discussions among Paul's group, and Paul's own thoughts while he observes Russian prisoners of war (Chapters 3, 8, 9) to show that no ordinary people benefit from a war. No matter what side a man is on, he is killing other men just like himself, people with whom he might even be friends at another time.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   But Remarque doesn't just tell us war is horrible. He also shows us that war is terrible beyond anything we could imagine. All our senses are assaulted: we see newly dead soldiers and long-dead corpses tossed up together in a cemetery (Chapter 4); we hear the unearthly screaming of the wounded horses (Chapter 4); we see and smell three layers of bodies, swelling up and belching gases, dumped into a huge shell hole (Chapter 6); and we can almost touch the naked bodies hanging in trees and the limbs lying around the battlefield (Chapter 9).      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The crying of the horses is especially terrible. Horses have nothing to do with making war. Their bodies gleam beautifully as they parade along--until the shells strike them. To Paul, their dying cries represent all of nature accusing Man, the great destroyer.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In later chapters Paul no longer mentions nature as an accuser but seems to suggest that nature is simply there--rolling steadily on through the seasons, paying no attention to the desperate cruelties of men to each other. This, too, shows the horror of war, that it is completely unnatural

Formal and Informal Groups Essay

A formal group is the deliberate and systematic grouping of people in an organization so that organizational goals are better achieved. Now any organization would have a certain formula. They are very essential for the efficient functioning of the organization. What does an organization do? The total no. of people working in an organization is divided into smaller groups (teams or sections or departments) and each group is responsible for fulfilling a task which would ultimately contribute to fulfilling the organization’s goal. This increases the efficiency of the organization. Ex: If we take NITK as an example, we all know that we have a larger goal of training students for the engineering profession. But within this larger goal, we want students to be trained for computer engg, electrical, mech, etc. So this larger goal is divided into departments (example computer department), which is a formal group in this larger organization. So, all the departments together achieve the goal of efficiently training the students for engineering purpose. Informal Group: Informal groups are the natural and spontaneous grouping of people whenever they work together over a period of time. Whenever people interact and work together over a certain period of time, it’s very natural for them and it comes very spontaneously for them, that they form informal groups. For example, we are officially assigned to the computer engineering department. But in the hostel, we live with friends from other branches. So when all of us live together for a 4 year period, it’s very natural for us to interact and build up groups informally with our friends from other branches. So like this, any organization would have informal groups. Let’s compare both Formal and Informal Groups:   FORMAL GROUPS |INFORMAL GROUPS | |Deliberately created. |Spontaneously created. | |Formal groups are knowingly and systematically created. |Informal groups are not really created, they are naturally formed. | |Systematic structure. |Loose structure | |As we discussed earlier, in the computer department, we have HOD, |In informal groups, there is no structure at all. So there is a system in place. |together for some time. There is no junior and senior†¦everybody is | | |equal. | |Importance to position. |Importance to the person. | |In a formal group, importance is always given to the position. Ex: |The beauty of being in an informal group is that the position does | |the group leader, the head of department, etc. The position gets |not exist at all because there is no structure. So importance is | |importance in a formal way because there is a system in place. always given to the person. | |Relationship is official. |Relationship is personal. | |The relationship is very formal and official in a formal group. So |In an informal group, the interaction and the attachment becomes very| |the relationship and behavior is almost prescribed in a formal group. |personal and not official. | |Communication is restricted and slow. |Communication is free and fast. | |By restricted we mean that the â€Å"boss may decide that certain |Everybody wants to tell everyone all the information. With the gossip| |information should not be discussed below a certain level. † |network in an informal group, information is passed very quickly. | |Communication is very slow because a certain procedure has to be | | |followed if we want to pass down the information. | | Importance of formal groups: As human being, we tend to tilt towards informal groups. But   we have to remember that formal groups have certain characteristics that are very essential for the efficiency of the organization. For example: If we remain informal all the time, the organizational goals cannot be met. Importance of informal groups: Informal groups are just as important because they serve some very important human means. Informal groups help in developing good human relations in the organization. When we interact with people in an informal scale, we develop good relationships with them . So this develops better working relationships and therefore creates better efficiency in the organization. So, good organizations today are promoting informal activities and formation of informal groups. Ex: Parties in companies, which promotes informal interaction. Informal groups promote human dignity. Human dignity is something which is very important for every human being. As human beings, we want to be respected and treated in a particular way. So, self respect is very important for a human being. In a formal group setup, very often, our dignity is destroyed. For example: If we have a very bossy boss, everyday he will be de-motivating you by saying things like â€Å"You are useless fellow!! Who made you an engineer†!! So our dignity is destroyed. But what supports us It’s the informal group that supports us and keeps up our dignity. For example: The support from our friends helps us to keep our dignity. Informal groups help in spreading information fast through the GRAPEVINE-the informal network of communication (â€Å"The gossip network†). The grapevine is the plant on which the grape fruit grows. The characteristic of a grapevine is that it grows in all directions. So in an organization, the grapevine is the informal communication network that has grown into every group and corner of the organization. If we want information to be passed on very fast to everybody in the organization, then the grapevine is the best way. Example 1: â€Å"We can put information on a notice board† Example 2: When director makes an announcement for a holiday, information is passed very quickly. So the grapevine is active. And if a formal notice is made, then it takes time for the information to reach everybody because the formal network is very slow.

A Human Resource Manager Dealings

Human resources management deals with the theories, concepts, and practices that enable organizations to attract and retain employees. Human resource managers are responsible for designing effective compensation systems. They must be aware of the most recent laws and regulations governing what managers can and cannot do, and they must apply nondiscriminatory recruiting, selection, promotion, and pay standards. New and important developments in advanced industrial societies have created additional challenges in human resource management, resulting in increased opportunities in such areas as ersonnel management, labor relations, labor and employment law, and compensation and employee benefits. Another of the business fields most important areas is finance. Finance is the study of how individuals and organizations make decisions about short-term and long-term investments and how these investments are financed. This major teaches theoretical and practical aspects of financial management. The general aspect is to explain how financial techniques can solve some of societies most important problems. Human resource management and finance our main aspects in the educational field of business, hat cannot be disregarded in a business society. I chose the profession of a human resource manager so I could basically have control in what I do in the business type atmosphere. This profession has many different departments in a business and the managers of those departments have a lot of control in how they run their departments. These departments consist of employee relations, organizational development, compensation, benefits, labor relations, and functions management also known as a generalist. All the managers of these departments in a corporation are very well paid. I become more anxious to start working in this business field as I keep learning Money has played a major role in my decision to choose this profession. The salaries all depend upon the company. For example in the division of organizational development the starting salary is 52,000 dollars out of college. After three years it is 82,000 dollars. Four more years it is more than 120,000 dollars. This was a major influence in the decision of making human resource management a career choice. In the career of business no matter what your major is the concept or center that the business world revolves around is he act of dealing with money. After careful studying of these career paths and choices I have come to the conclusion that money makes all the difference in the world. At the salary rate and employee benefits of the profession makes this job one that can last a full Although it requires a lot of hard work the profession of being a human resource manager is one that leaves great financial standing to support a family and good retirement funds. The idea of having money is not all about having it for yourself. Many people who criticize others for looking for a career with good financial standing assume that person ants money for themselves. Many people use money as an influence for choosing their careers are thinking about their future which hopes to consist of a family. This is my motive, I want my family, just like everyone else to live life better than I did so I can show that hard work pays off. Selfishness has nothing to do with anything, the future has everything to do with it. I really want this career to lasts for me as long as it can. The more financial support that I have as a result of being in this field is for the better to I really felt no pressure in choosing this career, I made this choice on my own and I hoose to stick with it. I did not feel any pressure to attend college I knew I had to go to college mainly because of influence of the society I grew up in. My parents are both equally successful in the way that they are both bosses in their career. This is what I use as my motivation in order to succeed just like both of them. It actually makes me push harder because of the fact that they had to deal with life a lot worse than I had to. I might feel pressure to succeed but never did I knew from the beginning, as soon as I was able to talk, The negative aspect in being a human resource manager is the worst feeling in any profession. The act of telling someone that has a wife and children that they are not needed not because of their work performance but because of the cutbacks of major corporations and businesses is something that hurts your conscience. This is something that does not only effect the employee but it effects the employer. I am going to work to change this aspect in the job. My philosophy on this subject is going to be no termination of a job unless it is absolutely necessary. My goal as long as I am in this profession is not to fire a single worker. I feel when people are secure of their jobs they work faster, work harder, and work better. Even though this might be far fetched I will try to complete this goal for as long as I can. Even though this is not something that I look forward to doing, I know it is something that comes with the territory. I chose this career path based on the business class I took in high school. We went through one chapter based on this profession. This is the only chapter in the business book that I actually ended up reading. This is the point when I knew what I was going to do in my life. This decision effected many aspects of my high school life. For example, this decision helped me choose what colleges I wanted to go to. f the school did not have uman resource management in a list with all of their business degrees than I did not even seem interested to the slightest degree. After careful research in salary and job potential along with benefits I knew that I was going to choose this career based on one business class my junior year in high school. The profession of a human resource manager has many divisions. The top executive and managerial positions have to be occupied with someone with a college degree. However there are positions that go under specialist divisions that get paid good money to do minor human resource jobs such as being in payroll or other small departments. There are a lot of specific aspects that are all gone over in college courses. For example, if you work for a company based on finance you need to know all the principles of that subject that is learned in a business college course. This is not something you learn unless you spend many years on the same aspect. In an interview with Mike Sauter, a human resource manager for Duracell in Indianapolis, there was one main subject of the interview centered in one question. What are the physical, mental, and emotional stability†s it takes to Brandon: What made you choose the business field as your major? Mike: In college it was the first thing that caught my attention out of all the majors that my school provided, it was the field that I was positive I could do. Brandon: Did anyone influence you to choose this field? Mike: No, I kind of just decided on my own my freshman year. Brandon: Where did you go to college? Mike: I attended the university of Indiana (Bloomington). Brandon: Did you know the percentages of those who graduated in this field? Mike: I think around 85 percent of the class graduated out of the school of business. Brandon: Did the remaining 15 percent drop out or fail in this field? Mike: I am not sure but I would guess that the majority of those who did not get a degree Brandon: What do you think is the biggest challenge one faces going into this field? Mike: Probably the biggest challenge one faces is trying to be the best in your field. If you are the best then you have the concentration and motivation to succeed. Many people think the biggest challenge is getting hired, but if you are the best then the jobs basically Brandon: What sacrifices does one have to make in order to succeed in this field? Mike: There are so many but, the most influential are the social sacrifices one has to make. You cannot go to every party, you sometimes have to even miss physical workouts, also if your in a relationship you have to separate and sacrifice time or it†s not going to Brandon: What are the best options for those with double majors? Mike: Well, the advantage to having a double major is there are double your chances of having better job opportunities and offers. The disadvantage is all the work. Brandon: If you could change majors, would you choose another field? Mike: Not a chance, I just feel like I know this field to well. Brandon: What do you think is the biggest aspect one needs to know going into this Mike: The biggest aspect is just simply knowing what you want to do and know that you Brandon: What benefits come out of the field of business? Mike: It all depends on the company. Benefits can have many different ranges such as dental plans up to medical benefits. My job is to decide what would best help the Brandon: What are the ranges of salaries for a human resource manager? Mike: The range of salaries depends on how many employees you have. If you have thousands of employees, than you could make up to 90 to 120 thousand dollars a year. Brandon: What are the ranges of salaries for a person in finance? Mike: I am not to sure about someone in finance but, I would guess that their salaries could range up in the high thousands. Brandon: Where did you spend your internship? Mike: I actually spent my internship at Walmart, doing stuff like payroll and attendance, Brandon: What are the starting salaries like for a human resource manager? Mike: It all depends on the type of position you are in. You could be just coming out of college and finishing your internship and still have over a thousand employees under you. Brandon: Are you satisfied with your salary? Mike: I am very satisfied, I feel that all my hard work paid off and deserving. Brandon: Why did you choose to become a human resource manager? Mike: When I was looking through the tasks in business I felt like I knew this area already, and it was so familiar that I knew I could succeed. Brandon: How much time of your job do you spend yearly? Mike: I spend over 11 months. This is a profession that requires daily attendance, and I must be the person who sets good examples for the other workers. Brandon: Is this a job that requires a lot of overtime work? Mike: It doesn†t require a lot but, on any given day you can work about one or two hours Brandon: What is the biggest task for a human resource manager? Mike: The hardest thing in this field is after getting to know and trust an employee, telling that same person that they are no longer needed in this business. After that you realize that these people have families to feed also but, there is nothing more you can do. It is the hardest thing I ever had to do but, it is the path I chose. Brandon: What are the physical, mental, and emotional stability†s does it take to Mike: The physical part is to be able to get up every morning and expect something different every time you put a suit on to go to work, and being able to handle it. The ental part is believing in your self enough to know that you can be the best, and make a difference in the work place. The emotional part is trusting the people you work with and hoping that we as a team can help each other succeed. I have a very positive opinion of college it seems to be everything I expected. I am taking time to get use to Indiana but I am still having fun while doing it. The time I spend at Ball State University has all been worth it and I do not really plan on leaving to transfer to another school anytime soon. Being at a university like this one is everything I expected since I first visited almost nothing has changed. I knew I was going to choose this school as one of my top choices when I saw it had my major. I made my final decision when I came to visit. The main challenge that faces me now is getting through all the hard courses, and pressures that come with graduating from college. Other these obstacles I think I should be better than fine. Whatever is ahead of me, whatever size problem it seems to be, I know I will be ready for it. Before I get through with a degree in human resource management I need to get use to and practice with this career. I will be working at the Washington Wizards arena the MCI Center. This should be an excellent experience for me mainly because I can decide whether or not I want to be doing this for the rest of my life. This is great timing because I can change career paths if I do not like this type of career. I will be working under someone whose position I will hopefully be in after I graduate college. I will be doing work that employees that do not have a college degree such as handling payroll for example. The main difference between training for a career and pursuing an education is being well skilled in either one subject or in all subjects of a profession. The act of being trained or a job and not going to college has both advantages and disadvantages. The advantages are that you get money faster and you do not have to waste time and money on a college education when you can be working the next day. The disadvantages are that without a college education your job can be replaced easier with someone who was taught the same job but more thoroughly, and with a college education it is easier to get a job with a higher â€Å"Under the general direction of the CEO and COO, this position creates and implements Human Resources programs including, but not limited to, recruitment, employee evelopment, compensation and benefits, management development, employee training and employee relations (www. hrm. org).† After the interview Mr. Sauter wished me luck and surely let me know what was ahead and the problems I had to deal with. I realized that being a human resource manager is hard work mentally, physically, and emotionally. However, I also realized that facing problems and obstacles is what life is all about and I am going to have to handle it at one time or another. I also realized that for me it is now do or die and I must confront all challenges to the best of my ability.