Natural Sciences Essay

What is it about theories in natural and human sciences that make them so convincing? During the course of my Biology HL syllabus, I came across the theory of the fluid mosaic model. I instantly considered this theory to be absolute and accurate. This level of certainty was created with the first reading of the theory, and evoked the question as to what makes the theories formulated in natural and human sciences as convincing as they are. Both Natural and Human scientists take pride in the fact that their work is the result of long, precise and experimental research and the fact that their theories are able to overcome the skeptical approach of human nature and produce enough certainty in people to accept their work without further questioning. I will attempt to state and explain the reasons for this creation of such certainty by incorporating three areas of knowledge. Firstly, natural sciences and how they are so convincing despite the lack of certainty. Then I will elaborate on the human sciences and how its theories are debatable and the difference between the two sciences. Lastly I will intrude into the ethical aspect of the knowledge issue, as conflicting emotions and reason are essential in creating the faith and belief in the theories formulated by these explicit and evidence rich areas of knowledge. We as humans are generally skeptical about various sources of information, but this skeptic approach does not apply to science as we consider all scientific information to be true and from a reliable source. This approach reveals the fact that evidence and understanding of the concept is a key factor assisting the reasoning of the mind. While studying Taxation in microeconomics, I realized that theories that are said to produce a certain effect are not realistically proven or implemented in the real world. For example, a theory in taxation states that, if a tax is imposed on a producer with inelastic supply then the entire tax incidence is borne by the producers themselves. But, in reality such a situation does not exist, the producers generally raise prices to higher levels where the revenue is more than sufficient to pay the tax imposed on them, which means that the consumers actually bear the brunt of the new taxation policy. We accept such theories at first as they are said to be formulate by a reliable source and seem to be probable. So why do the theories from these areas of knowledge appear so convincing to us despite the uncertainties that are presented by them? Why are they accepted as the truth even before they are completely evaluated? It is evident that the reason we trust science as a reliable and infallible source of information is because we believe in science. This belief has led to the creation of faith towards science, which has compelled us to accept all that science offers without a doubt of reason. The psychology behind this belief exclaims that we believe in science the same way as we believe that our new car is not going to explode on its first travel. Cars stay safe more often than not and science in the same way has proven itself accurate many more times than it has been proved wrong. The belief and faith induced by scientific theories has been developed over time through constant provision of proof and evidence, which are the basic requirements for human beings to trust in something. While studying and understanding theories regarding sub-atomic particles, which are practically invisible, such as the VSEPR theory or the theory of hybridization, I don’t question the strength of the theory itself as it is a result of extensive research and has overcome the challenges posed by many to prove them wrong. Thus, the efforts to prove the theory wrong and the failure to do so have actually strengthened the belief in science, thus providing a logical and universal explanation justifying the theory formulated. Also, human nature suggests that we need to believe in something, and more often than not people choose the logical, experimental and evidence rich path provided by science. We tend to believe in the ideals a majority believes, be it a country, a city, a community or even our immediate family. For example, if your family believes that the economic crisis will eventually affect your future, even you tend to follow â€Å"convention† and believe in the same thing. Taking the example of the cure for cancer, people at first did not believe that cancer was ever curable due the number of deaths that had amounted. Their belief that the drug developed, actually cured cancer was eventually strengthened as the positive evidences kept increasing. Today if a scientist says that he has developed a new cure for cancer, people would believe in the drug as they know science has accomplished it before, and hence can probably achieve the same feat again. In the natural sciences, research begins with a hypothesis which is followed by experiments and later proof of whether the hypothesis is accurate or is invalid. In contrast to this, we observe that in many experiments conducted, the results vary marginally and hence hamper the certainty of the research, which means that scientists have o rely on various degrees of certainty based on their recorded values to establish the overall certainty of a research project. This implies that many of the theories being applied today are not of absolute certainty, thus the use of such theories can be attributed to our belief and faith in science as a reliable source of information. Shifting the focus to my second area of knowledge which is human sciences, I’d like to state its primary objectives to help understand the formulation of the theories more effectively. The aims of virtually all human sciences are the same: to explain human behavior, formulate theories to predict it, and then develop remedies for the problems identified by those predictions. They use the same scientific method as natural sciences but cannot hypothesize the reactions of the human beings, as each of them respond to the research questions in different ways and depict different and forms of emotion and reasoning depending upon the kind of questions asked. Most research in human sciences begins with intuition which then leads to proof. Here, the scientists believe that a particular stimulus would produce a certain behavioral effect on a person or a community that is being experimented upon and the statistics collected are processed to analyze the change in behavior. These theories regarding human behavior are accurate for a majority of the trials but often there are exceptions which destabilize the foundation of the theory, which again affect the belief people have in the theories in human sciences. Taking an example from economics; the Keynesian and the Monetarist views are contrasting market development methods which argue the role of the government in regulating the market function in the economy. One proposes intense government intervention whereas the other proposes minimal intrusion by it respectively. Till the 2007 global recession the markets followed the monetarist model but the immense financial problems caused and market failures recorded called for a reform which turned the governments towards the Keynesian model. This signifies that more often than not the theories in human sciences stand, but they can be overcome and felled with the inclusion of a strong stimulus. And if the theories prove ineffective there would always be another theory formulated as backup which could be applied and the same expected results could be yielded. The economic example presented here stresses on the fairly large margin for error present in the human sciences, which primarily differentiates it from natural science which are purely dependent on proofs and evidence. Also the common element prevalent in both these sciences is that of research period. Theories of both sciences require a long and strenuous research period to incorporate all the hypothesis, observations, experiments, and data collection, which are required to prove the theory. These similarities and dissimilarities introduce us to the ethical concept of certainty which plays a vital role in balancing out the conflict between emotion and reason. We perceive science to be a reliable and an accurate source of information due to its extensively experimental, research dependent and foolproof nature, i. . we are emotionally inclined towards the sciences as they have the proof to back up their theories. But as we see from the examples, they do not offer complete certainty as there is always an exception to a particular theory and hence by reason, our belief in science should be far less than it actually is. The simple explanation to this would be that reason favors science as it has proven itself more often than not and as we have observed, failure to prove theories wrong increases and strengthens our belief in its relevance and accuracy. Thus we can conclude by answering the primary question staged in the introduction as to what makes theories formulated by the sciences so convincing. The extensive research involved and the proof presented in favor of the theory play a major role in developing the certainty, this is well complimented by the belief and faith science has cultivated in human beings and the strong the emotional and reasonable backing that has been made available by this belief in them.

Assumptions And Forms Of Emh Finance Essay

Assumptions And Forms Of Emh Finance Essay The subject of efficient market hypothesis is more deliberated and discussed in available studies, but there is no special focus on the EMH form existing in Gulf area, by these means, this study analyses and evaluates the applicability of this model in some selected countries in Gulf area and how it would affect the decisions regarding the financial issues. This chapter proposes the outlines of how the subject is going to be investigated and (ii) gives an introductory overview about the topic that is being probed. At first, the motive of the study is declared and the framework is outlined, so as for the need and purpose of the study; then the research questions are proposed and stated. This section also contains a brief description about the participants which the study comprises. Secondly, the outcomes of the initial review of literature are appointed to form a base for the research questions. Thirdly, the rationalization for the used research approaches is stated, and then the met hodology is justified and supported by evidential test that provides validation for the chosen methods. This section also determines the suggested scheme for chapters 2, 3, 4, and 5. And in the final section, the outcomes of this study will be displayed, and the benefits will be discusses in details for each beneficiary. Subject And Objectives The EMH topic fascinates the researcher, and relating the EMH concept to corporate finance through examination of markets can help improve the efficiencies within corporate world as well as increase investors wealth and decision taking. The primary objective of this study is to examine the form of EMH is available in the selected markets which would contribute in guiding these firms in implementing good corporate practices and making these reforms feasible and appropriate, and to identify to what extent EMH constitutes a good approach for financial practices in KSA, UAE, and Kuwait. While this dissertation aims to study which form of EMH does the selected markets undertake, it doesn’t take the burden to prove the accuracy of EMH. After determining which forms of EMH, the benefits to both the investors and corporations interested in the selected markets are huge. It enables the investors to examine if possibility of abnormal earnings exists, while enabling the management to choose wisely its accounting choices, financial choices, and timing decision. The data for this dissertation is highly accessible. It can be easily retrieved from stock indexes of the selected countries. The dissertation aims to examine stock prices changes covering the last 5 years with data retrieved from Tadawul, ADX, Central Bank, and KSE. This data will then be compared with major economic and company specific events. These events can be retrieved from company’s announcement, country’s economic reports, newspapers, and specialized financial reports. Specific research questions include: What types of information are available i n the selected markets? Are they only historical, publicly available, or private/public information? To what extent the stock prices in the selected markets reflect the available information? Which forms of EMH do these markets exhibit?

Peculiarities of media creation nowadays Essay Example | Topics and Well Written Essays - 1750 words

Peculiarities of media creation nowadays - Essay Example The creation of media in USA was initiated as a political decision of technological invention. This led to the political decision of having a state run postal service that eventually affected the society in one way or the other. The government through laws such as the public access to information laws clearly demonstrated the role of the state in shaping the path that journalism, mass media and mass communication would be affected. It also shows how future media would be created and how it influences the society either socially, politically or politically and how it relates to the global perspective. Eminent scholars have argued that political decisions, considerations and reasons led to the creation of the media in United States (Starr 2004, p.2) as a profitable and powerful institution where the decisions made led to the growing number of communication empires currently witnessed in the nation and the world at large. He states that technology and economics cannot singlehandedly exp lain the communication media currently present. To him communication media has got a direct impact on the exercise of power and understanding the media must account itself while taking into account political considerations. Therefore political decisions will continue to influence the media for a long time and its creation. In America, the framework provided either institutionally, politically or legally is favourable to the creation and development of media. The environment came about as a concern made of political considerations in which the American Constitutional framework and the defining political and legal decisions produced a viable and vibrant network of communication for the United States and later the world. The aforementioned coupled with the freedom of speech enshrined in the First Amendment of the United States Constitution led to the subsidization of newspapers through a comprehensive postal network that ensured some form of privacy. This encouraged people to take thes e forms of media for their daily activities as communication networks quickly spread to a much wider area of the society supported by a conducive legal and political climate. Politics has therefore converged with modern media as literacy and news receive more attention through the media that is utilized by them in all scenarios. Audiences can create the media by making themselves available to the media or making use of the particular media front and this explains the rationale for the existence of the media in our daily lives. The utilization of the media by those who provide it is always targeted towards a particular audience all the time. It is important to note that all prospective providers of media platforms must give account of their target audiences before any form of media is made or adopted (Gupta and Brooks 2013, p.201). Exploration of the target audience and its position within the system of mass communication allows the media creators or providers to identify sites of co ntestations in the system. The audiences in the media create contexts within which to combine the media and other life-style experiences as people create time to make use of different media in their daily tasks. Influence of Globalization on Media Globalization in relation to the media studies refer to the strengthening of connections between persons in the society that enables us understand the world as one to create awareness of our own place and how it relates within the world experience. As an

Information Technology Essay Example | Topics and Well Written Essays - 1000 words

Information Technology - Essay Example This report declares the Internet presents a number of gains for senior citizens. It is used as a means of communication via E-mail, chat rooms, debate groups, direct messaging, and so forth. It is found that ninety five percent of seniors who use the Internet do so to remain in touch with associates and relatives. Keeping this significant information regarding the Internet usage of seniors Pill Incorporated will have to advertise about its products Liflex and Forevex on the sites of messaging services. Pill Incorporated has two options whether to paste their advertisement of Liflex and Forevex through a banner on the sites of messaging services providing a hyperlink to the official web site of Pill incorporated. Another way is that Pill incorporated can send their email messages about Liflex and Forevex through using the messenger services databases of seniors residing in United States. This paper stresses that the Internet also provides a wealth of health care information that can be predominantly valuable for the seniors when healthiness turns out to be a larger matter and concern. Seventy five percent of elder Internet users collect health care information on line. The search engines like google, yahoo, and dogpile are main sources to access this information. These companies take some amount of money from online sellers depending upon the competition of online sellers of a product to provide the link of their websites on top when a person uses search engines to get information using a key word related to a product.

Wall-Mart Case Assignment Example | Topics and Well Written Essays - 1250 words

Wall-Mart Case - Assignment Example Nevertheless, this led to deterioration of reputation of the company. Furthermore, it is concluded by Wal-Mart that the sole focus on associates and customers is no longer viewed to be as viable option. The implementation of non-market strategy is observed as the viable choice to change the reputation of the company and address the critics. There are several interests which are opposed to Wal-Mart such as campaigning which is furthermore backed by unions. The organizing for nonmarket actions has been heavily influenced by campaigning carried by the organization on internet. Furthermore, this is supported by more than 160,000 people. The key interests that are aligned to Wal-Mart Company are the joining of activist group ACORN and other communities such as SEIU and UFCW. The primary focus of the group of communities is to form workers Association for better condition for employees working in Wal-Mart. Some of the nonmarket actions taken by activists are by reducing the number of hours of working. There can be drastic alteration on nonmarket environment after the resolution of current issues. The own actions of firm and external forces are viewed to be as primary sources for commencement of nonmarket issues. The Wal-Mart association named ACORN is viewed to be as pivotal institutional arenas which can help to lessen the issues. The role of government institutions is regarded as vital and sense of hope for other critics and unions of Wal-Mart. The government is pivotal for controlling of opportunities and non-market strategies. There are four condition that are regarded are vital for successful nonmarket strategy. The participation of field units, support of top management, effective decision-making process and determination are some primary conditions. The strategy implemented by Wal-Mart is only based on growth and low prices. There are other vital elements that are required to be focused

Verizon Is Creating a Culture that Focuses on Shareholder Value Case Study

Verizon Is Creating a Culture that Focuses on Shareholder Value - Case Study Example The number of subject matter experts significantly increased by involving L & D organizations in each business unit. As the workforce is skilled through effective training, they can collaborate and communicate for attaining common business goals. There is consensus and commonality of goals and values in each strategic business units attained through training initiatives. Besides, Verizon leadership development program recruits best talents from colleges, and are given 24 month customized leadership curriculum which can result in high performance and operational effectiveness. 2. According to Kreitner, organizational culture includes three layers like observable artifacts, espoused values, and basic assumptions; and, culture change is possible only if the management targets on any one of these basic aspects (p. na). In Verizon, the CEO Lowell Mc Adam desired to move towards adhocracy and market culture. Adhocracy culture in Verizon could be identified from dynamic, entrepreneurial and creative work place which is adaptable to new technologies. For example, prior to the rolling out of new technology 4G LTE network, a training of 60000 plus hours was given to Sales and service reps (Case Study, 258). For measuring the effectiveness of training, a pre training snapshot of success is defined with the help of key stakeholders and business partners, and this pre-training snapshot is compared with post training snapshot. Through the adhocracy culture, when new innovations are introduced, workforce becomes adaptable and creative to new changes. The move towards market culture could be identified from the result oriented work place in Verizon and focus in increasing share value. One of the prime goals of Verizon is to lead in shareholder value, and this is implemented through Leading Shareholder Value education program (LSV) which is led by CEO and CFO of Verizon. In this program, senior leaders are placed in cross business units and teams, and they should

Unemployment in the UK Essay Example | Topics and Well Written Essays - 1500 words - 3

Unemployment in the UK - Essay Example In this regard, the objectives of this essay are four-fold, to wit: (1) to present a clear definition of unemployment; (2) to state and determine how it is measured; (3) to identify the different types: seasonal, frictional, cyclical, structural, among others; (4) to state and clearly explain the nature of economic, social costs of unemployment and cost to the individual; and (5) to determine the ways to solve unemployment. (c) "seeking work", i.e. had taken specific steps in a specified reference period to seek paid employment or self-employment. The specific steps may include registration at a public or private employment exchange; application to employers; checking at worksites, farms, factory gates, market or other assembly places; placing or answering newspaper advertisements; seeking assistance of friends or relatives; looking for land, building, machinery or equipment to establish own enterprise; arranging for financial resources; applying for permits and licences, etc.† (ILO, 2009). As indicated, the basic criteria for being classified as unemployed are: people without work, currently available for work, and seeking work â€Å"in the last 4 weeks and are available to start work in the next 2 weeks† or â€Å"out of work, have found a job and are waiting to start it in the next 2 weeks† (ONS, 2009, 4). Unemployment is measured by the ONS through survey, the Labour Force Survey (LFS). According to ONS (2009), their office conducts the LFS every three months using 53,000 households as samples. The survey focuses on questions inquiring about personal circumstances and activities in the labour market. Then, the unemployment rate is computed first on a residence basis by determining â€Å"the proportion of economically active who are unemployed† (ILO, 2009, 7). The frictional unemployment has been defined as â€Å"the amount of