Portfolio Management Essays -- GCSE Business Marketing Coursework

Portfolio Management Introduction: Portfolio management is a conglomeration of securities as whole, rather than unrelated individual holdings. Portfolio management stresses the selection of securities for inclusion in the portfolio based on that security’s contribution to the portfolio as a whole. This purposes that there some synergy or some interaction among the securities results in the total portfolio effect being something more than the sum of its parts. When the securities are combined in a portfolio, the return on the portfolio will be an average of the returns of the securities in the portfolio. For example, if a portfolio was comprised on equal positions in two securities, whose returns are 15% and 20%, the return on the portfolio, will the average of the returns of the two securities in the portfolio, or 17.5%. From this we will discuss the process of creating a diversified portfolio. The diversified portfolio is a theory of investing that reduces the risk of losing all your money when â€Å"al l your eggs† are not in one basket. Diversification limits your risk an over the long run, can improve your total returns. This is achieved by putting assets in several categories of investments. Portfolio Process: The portfolio process is as follows: 1. Designing an investment objective; 2. Developing and implementing an asset mix; 3. Monitoring the economy and the markets; 4. Adjusting the portfolio and measuring the performance Due to the intensity of each of the four items, we will be covering only the first two. 1. Investment Objective: This topic is broad and contains three major divisions. They are foundation objectives, constraints and major objectives. Foundation Objectives: These objectives generally receive the most attention from investors and are determined by thorough determination of your needs, preferences and resources. ï‚ · Return – you need to determine whether you prefer a strategy of return maximization, where assets are invested to make the greatest return possible while staying within the risk tolerance level, or whether a required minimum return with certainty is preferable, generating only as much return with emphasis on risk reduction. ï‚ · Risk – There are many ways to assess the risk tolerance of any particular investor, from the least knowledgeable of investments to the very sophisticated investor. Beside... ...the market as a whole. Diversifying among a number of securities can reduce nonsystematic risk. Both of these types of risk can be avoided when you correctly evaluate your risk guidelines and determine the maximum amount of risk that you are willing to handle. Conclusion: Once your portfolio has been established then next step in the management is to evaluate your portfolio’s performance. The success of your portfolio is determined by comparing the total rate of return of the portfolio to the average total return of comparable portfolios. It is essential to develop a system to monitor the appropriateness of the securities that comprise the portfolio and the strategies governing it. The process is twofold as it involves monitoring: ï‚ · The changes in your goals, financial position and preferences; ï‚ · Expectations in capital markets and individual companies; Remember that diversification is more than placing your eggs in different baskets. It is also making sure that all your baskets aren’t made from the same material. References: Wall Street 101, www.familyinternet.com Learning to Invest, www.learningtoinvest.com Your Money Coach, www.yourmoneycoach.com

Challenges of Mobile Commerce Essay

Currently, there are a number of mobile commerce applications that can be used by consumers with suitable handsets. For example, now customers in some countries like Japan and UK shop via their mobile handsets exactly similar to shopping in malls. The applications include mobile banking (financial services), advertising, product location and shopping, auction and reverse auction, and entertainment, to name a few (Varshney and Vetter, 2001). Table 1 shows summary of mobile e-commerce that is now available in market. The table also explains the relevant questions for each mobile commerce applications. Among twelve issues in mobile commerce, this paper only considers three of them; they are security issues of mobile commerce, development of complex application in limited speed of mobile processor, and human-handhelds interface through the development of attractive graphical user interface in mobile devices (Tarasewich, Nickerson, and Warkentin, Merrill, 2002). Amidst the increasing number of consumers that shop online via mobile devices, there is a potential threat that could prevent the fast adoption of mobile commerce; the threat is security. It is known that electronic commerce including e-commerce is potential to malware that contains viruses, adwares, or hijackers that collect our credit card information and sending it into a remote host for further criminal actions. In order to eliminate this threat, mobile application developers provide high-level threat into personal and corporation confidential information such as password and personal identification number (PIN). Since computer technology has gone mobile, the applications and computer program also follow. Therefore, it is also common to find many applications that tailored to work on mobile devices such as wireless e-mail and Microsoft Office for mobile handsets. However, mobile devices have some drawbacks such as limited bandwidth allocation that restricts the use of several mobile applications such as video conferencing over the phone, high-speed internet, bus on demand and may others. In addition, mobile handhelds are also limited in processor speeds in which highest processor speed for typical PDAs is about 400 MHz while desktop computers have achieved more than 2 GHz. The question is what type of interface that between the messaging services. Fortunately, to simplify and enable customers to use mobile devices, currently, there is new module called a hyperbolic tree that allows users to view and present their information on an easy-to-use, interactive, multi-dimensional tree, with additional visual navigation features. By definition, hyperbolic trees are dynamic visualizations, just like tree map, fisheye view, cone trees, cam trees, and perspective wall that based on interactive manipulation of the structure of the information (Ovaska, 2004). The interesting part in the development of visualization in mobile handhelds is that fact that such devices such as smart phone and PDA have small screen than desktop computer. This fact underlies the way information presented in the devices. Mobile commerce is the next step of online commerce. Therefore, the opportunity for mobile commerce lies on the number of mobile service penetration rates. According to ITU (2005), UK records 62% of mobile penetration rates. This considerably high penetration rate has put mobile subscribers in the U. K. to surpass those in fixed phone lines and imply that mobile commerce will be easily adoptable by U. K. consumers. Table 2 shows U. S. internet penetration rate compared to other countries in the world.

Meaningful Use And The Health Care System - 945 Words

Meaningful Use and the Health Care System The American health care system is in the midst of a paradigm shift as it transitions away from a paper documentation system towards a total electronic world. The electronic health record is revolutionizing the way health care practitioners, organizations and patients utilize patient information resulting in more efficient and accurate care, which implies better patient outcomes. In an effort to expedite the adoption of the electronic medical record, the United States government implemented an act entitled Meaningful Use which outlines three stages required by all health care systems and providers. The United States government provided financial incentives to ensure that these stages were met. It is imperative that the health care leaders are familiar with the requirements of Meaningful Use and create a timeline to ensure meeting all expectations. This paper will address the history of meaningful use implementation, meaningful use goals, and careful considerations for the health care leaders. As the national health care system transitions to the electronic health record (EHR), it is important to recall the impetus to this reform. Prior to the implementation of the electronic health record, the national health care system encountered many problems that impeded quality patient care. There was not a standardized formal structure with the process. Consequently, it lacked communication across disciplines and among providers andShow MoreRelatedMeaningful Use For Nurses : Implications And Recommendations1651 Words   |  7 PagesMeaningful Use for Nurses: Implications and Recommendations The use of health information technology has evolved over the years to become an integral part of the patient care. 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