The Sharpe Ratio and the Information Ratio Essay Example

The Sharpe Ratio and the Information Ratio Essay The article, â€Å"The Sharpe Ratio and the Information Ratio†, by Deborah Kidd is about the original risk-adjusted performance measure and they are Sharpe ratio and the Information Ratio. William Sharpe designed the first performance metric to insolate excess return per unit of total risk taken. The Sharpe ratio shows whether a portfolios returns  are due to smart investment decisions or a result of excess risk. The Sharpe ratio measure dividends average portfolio excess return over the sample period by the standard deviation of returns over that period. It measures the reward to volatility trade-off. The Information Ratio is a ratio of portfolio returns  above the  returns  of a benchmark to the volatility of those returns. The information ratio divides the alpha of the portfolio by the nonsystematic risk of the portfolio. It measures abnormal return per unit of risk that in principle could be diversified away by holding a market index portfolio. There are two key points that the author was communicating to its’ readers. The first key point relates to the advantages and disadvantages of the Shape ratio. The second key point relates to the advantages and disadvantages of the Information Ratio. The first key point is the advantages and disadvantages of the Sharpe ratio. A disadvantage of the Sharpe is that it is expressed as a raw number and the higher the Sharpe ratio is the better. Another disadvantage is that the Sharpe ratio only uses standard deviation when calculating the risk. So it would be awkward when calculating the Ratio for asymmetric returns. Another disadvantages of Sharpe’s ratio is that Sharpe ratio should not be used as a measure to compare portfolios because when there is a negative Sharpe ratio the risk increases. We will write a custom essay sample on The Sharpe Ratio and the Information Ratio specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Sharpe Ratio and the Information Ratio specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Sharpe Ratio and the Information Ratio specifically for you FOR ONLY $16.38 $13.9/page Hire Writer An advantage of the Sharpe ratio is that it can be easily calculated without needing any additional data regarding the asset’s profitability. Another advantage is that people can tell the returns without any extra information about the source of profitability. Kidd stated, â€Å"The Sharpe ratio is the industry standard for measuring risk adjusted returns†, (Kidd, p. 3, 2011). This means that the Sharpe ratio is used to evaluate the performance of a portfolio. The second key point is the advantages and disadvantages of the Information ratio. An advantage of an Information ratio is that it measures the extra return people can obtain from security analysis compared to the firm specific risk. Another advantage is that information ratio’s are best used for measuring active managers against a passive benchmark. A disadvantage of the Information ratio is that it does not necessarily provide consistent assessments of performances. Another disadvantage is that information ratios can evaluate portfolios with normal expected return, but do not apply to such asymmetric return strategies. Kidd says, â€Å"The information ratios is often referred to as a variation or generalized version of the Sharpe ratio† (Kidd, p. 2, 2011), which means they are similar, but the Information ratios branches off. That is because information ratio has been doing better than stocks on a risk-adjusted basis on higher return. When used correctly, the Sharpe ratio and the information ratio can be valuable tools. These ratios are most useful for evaluating portfolios with normal expected return distributions, (Kidd, 2011). However, these ratios could potentially be misleading if used naively. Both the Sharpe ratio and the Information ratio, does not take into account dynamic correlations between asset classes. As it relates to investors, it is important for them to be mindful that long periods may increase a portfolio’s Sharpe ratio due to lower volatility for long periods. As far as the information ratios, they are based on longer periods, which results for them being more valuable because they are persistent in manager skill. References Kidd, D. (2011). The sharpe ratio and the information ratio. Investment Performance Measurement, 1-3.

The Relevance of Journal Articles in the Management of Organizations

The Relevance of Journal Articles in the Management of Organizations Introduction Studies are very significant for the development of any organization. Articles published in journals are usually excellent on organizational development. Scholarly articles in journals usually are as a result of rigorous research carried out. Such articles bring to light emerging issues and offers solutions to such issues and therefore they are very relevant in the management of organizations. This paper will briefly discuss the relevance of journal articles in the management of organizations.Advertising We will write a custom essay sample on The Relevance of Journal Articles in the Management of Organizations specifically for you for only $16.05 $11/page Learn More Information is Power An old saying claims that information is power. This is very true of journal articles as they can be viewed as an empowerment to organizations. It is worth noting that journal article goes through rigorous process before being approved for publishing. Their authe nticity is proved before being accepted. It is worth noting that the authors of journal article are authorities in the field that they write about and therefore they are usually well versed with the relevant and current knowledge on whatever topic they write about. In most cases journal article will an emerging issue in a particular industry (Cofrin 2010, p. 1). According to the editor of Academy of Management Journals Ireland (2010), the following are the characteristics that qualify the publishing of an article in the journal: â€Å"theory, literature review, method, integration, contribution, and citations† (Ireland 2010, p. 1). Theory A reviewed journal article is one which positively answers the following questions, â€Å"Does the paper test, create, or extend management theory in a meaningful way? Does the study inform or improve our understanding of prior theory? Are major concepts clearly defined?† (Ireland 2010, p. 1) Management theories are meant for the mana gement of organizations and therefore anything which will make the concept clear and relevant will imply enhance better management of organizations. Literature Review For an article to qualify for review it has to have used the correct literature in arriving at its arguments. This ensures that the arguments made and evidence cited can be relied on by the readers. Reliable information is of great significance especially if the concepts argued therein are to be put into practical application. By ensuring that such information is reliable the articles can then be used as managerial guides. Methodology A reviewed article is one that ensures the following questions are answered satisfactorily, Do the sample, measures, methods, observations, procedures, and statistical analyses ensure internal and external validity? Are the statistical procedures used correctly and appropriately? Are the major assumptions of the statistical techniques reasonably well met (i.e., no major violations)? (Irel and, 2010, p. 1)Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The review team ensures that the correct methodology is used as a precautionary measure in ensuring that the arguments made are sound and relevant. Proper methodology is significant for the purpose of reliability. Integration and Contribution A reviewed article is one that provides â€Å"a new and meaningful contribution to the management literature in terms of theory, empirical knowledge, and management practice† (Ireland, 2010, p. 1). it is also noted that a reviewed article â€Å"makes a new and meaningful contribution to the management literature in terms of theory, empirical knowledge, and management practice† (Ireland, 2010, p. 1). Integration and contribution therefore beyond any doubt makes an article quite relevant for application in the real world of organizations. It is also worth noting that the articles in journals usually try to solve real problems which touch on real life problems (Richard and Arie, 2008, p. 1). Conclusion Reviewed articles take a lot of measures to prepare. They are specific and relevant to the world of organizations as they tackle real problems that arise from the management of these organizations. The researches carried out when these articles are being written are based on the issues touching on the organizations. Therefore it is very correct to claim that reviewed articles are very relevant for use in organizations. References Cofrin, D. (2010). Street Gangs in America. Cofrin Library. Web. Ireland, D. (2010). Important-Attention AMJ reviewers. Academy Management Journal. Web. Richard, D and Arie, L. (2008). Rigor and relevance in organization studies: idea migration and academic journal evolution. HighBeam Business. Web.Advertising We will write a custom essay sample on The Relevance of Journal Articles in the Management of Organizatio ns specifically for you for only $16.05 $11/page Learn More Appendix The following articles were the award winning articles as per the vetting of the Academy of Journal Management Team. List of Articles 2008 Michael L. Barnett and Andrew A. King. â€Å"Good Fences Make Good Neighbors: A Longitudinal Analysis of an Industry Self-Regulatory Institution.† 51(6): 1150-1170. 2007 Donde Ashmos Plowman, Lakami T. Baker, Tammy E. Beck, Mukta Kulkarni, Stephanie Thomas Solansky and Deandra Villarreal Travis. Radical Change Accidentally: The Emergence and Amplification of Small Change. 50(3): 515-543. 2006 Royston Greenwood Roy Suddaby. Institutional Entrepreneurship in Mature Fields: The Big Five Accounting Firms. 49(1): 27-48. 2005 Ewan Ferlie, Louise Fitzgerald, Martin Wood Chris Hawkins. The Nonspread of Innovations: The Mediating Role of Professionals. 48(1): 117-134. Clark G. Gilbert. Unbundling the Structure of Inertia: Resource versus Routine Rigidity. 48(5 ): 741-763. 2004 Rajshree Agarwal, Raj Echambadi, April Franco and MB Sarkar, Knowledge Transfer through Inheritance: Spin-out Generation, Development, and Survival. 47(4): 501 522. 2003 Kimberly D. Elsbach and Roderick M. Kramer, Assessing Creativity in Hollywood Pitch Meetings: Evidence for a Dual-Process Model of Creativity Judgments. 46(3): 283-301.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More 2002 Peter Sherer and Kyungmook Lee, Institutional Change in Large Law Firms: A Resource Dependency and Institutional Perspective, 45(1): 102-119. 2001 Scott E. Seibert, Maria L. Kraimer, and Robert C. Liden, A Social Capital Theory of Career Success, 44(2): 219-237 . 2000 Shaker A. Zahra, R. Duane Ireland, and Michael A. Hitt, International Expansion by New Venture Firms: International Diversity, Model of Market Entry, Technological Learning, and Performance, 43(5): 925-950. 1999 Walter J. Ferrier, Ken G. Smith, and Curtis M. Grimm,   The Role of Competitive Action in Market Share Erosion and Industry Dethronement: A Study of Industry Leaders and Challengers, 42(4): 372-388. 1998 Harry G Barkema and Freek Vermeulen, International Expansion through Start-up or Acquisition:   A Learning Perspective, 41(1): 7-26 1997 Anne S. Tsui, Jone L. Pearce, Lyman W. Porter, and Angela M. Tripoli, Alternative Approaches to the Employee-Organization Relationship: Does Investment in Employees P ay Off? 40(5): 1089-1121 1996 Danny Miller and Jamal Shamsie, The Resource-Based View Of The Firm In Two Environments : The Hollywood Film Studios From 1936 To 1965, 39(3): 519-543. 1995 Mark Huselid, The Impact of Human Resource Management Practices on Turnover, Productivity, and Corporate Financial Performance, 38(3): 635-672. 1994 Eric Abrahamson and Choelsoon Park, Concealment of Negative Organizational Outcomes: An Agency Theory Perspective, 37(5): 1302-1334. 1993 D. Harold Doty, William H. Glick, and George P. Huber, Fit Equifinality, and Organizational Effectiveness: A Test of Two Configurational Theories, 36(6): 1196-1250. 1992 Luis R. Gomez-Mejia and David B. Balkin, Determinants of Faculty Pay: An Agency Theory Perspective, 35(5): 921-955. 1991 Jane E. Dutton and Janet M. Dukerich, Keeping an Eye on the Mirror : Image and Identity in Organizational Adaptation, 34(3): 517-554. 1990 Lynn A. Isabella, Evolving Interpretation as a Change Unfolds: How Managers Construe Key Or ganizational Events, 33(1): 7-41.

Reuseable bag Essay Example | Topics and Well Written Essays - 750 words

Reuseable bag - Essay Example The children also helped me distribute the bags so that reduced the amount of emissions created by machines and automobiles normally used in these processes. To further my attempt to convey the concept that we need to take better care of our environment, I used a poem by Chika Ogbonna to help decorate the bag and provide a marketing theme for my project. The poem is called â€Å"The Land is Green† and it talks all about the importance of taking care of the earth. Through the entire poem, this Chinese poet talks about the importance of remaining focused on the idea that the land is green, before any colors of political affiliation come into play. We need to stop worrying about politics and just start taking care of what’s really important, the green that feeds us all – the plants we eat as well as the animals that fulfill the rest of our energy needs. I felt the poem was very appropriate for this project because I wanted to emphasize that every stage of the process, including the product and its disposal needed to be conscious of how it affected the earth and try to take care of it. The way I used this poem was to pri nt lines from it, particularly the ones that talk about the color and idea of ‘green’ living, on the bags. It was important that I used a Chinese poet for this project because I planned to distribute my reusable bags among a mostly Chinese population. When my bags were ready for distribution, myself and the children went to Chinatown in San Francisco to distribute them in shopping areas where people usually used plastic. There were many reasons why I choose this as an appropriate distribution point. The first factor for this choice was that it was possible for me to get here without the burning of fossil fuels by using the city’s electric transportation channels. This was an important aspect of

Trade commission Essay Example | Topics and Well Written Essays - 1000 words

Trade commission - Essay Example Mr. Clark is tied down by his Ph.D. studies. His quality time given to accomplish assigned tasks is reduced. Further, Mr. Clark has trouble prioritizing his job responsibilities. Mr. Clark prioritizes the Economics seminars over his responsibility in the company. He prioritizes making and attending arrangement of the Economists’ Association. Consequently, he cancels meetings with the Consul-General. Mr. Clark should be held accountable for his actions. Delegation does not absolve Mr. Clark of his responsibilities, as superior (Rees & Porter 116). Mr. Clark does not resolve Mr. Allen’s overburdened job responsibilities. One reason for the excess job responsibilities is Mr. Allen’s marriage to a local resident. Mr. Allen’s expertise in the local language gives Mr. Allen an added advantage. Because of Mr. Allen’s mastery of the local language, Mr. Clark assigns Mr. Allen to handle all local enquiries. Consequently, Mr. Allen communicates and enters int o agreements with all business contacts. Further, Mr. Allen helps Mr. Briggs craft reports to the Ministry of Commerce, during the first few months of Mr. Briggs arrival in the country. Mr. Clark should be made accountable for the effects of Mr. Allen’s overburdened responsibilities. Mr. Allen’s work overload results to delays and poor quality work outputs. Mr. Allen actually handled Mr. Briggs’ work, a new employee. Mr. ... Many very important persons and businessmen with significant relationships were invited. However, the original list of visitors was reduced from 50 to 30 invited guests. Miscommunication will trigger dissent among peers. Second, Mr. Clark should be made accountable for not involving his assistants in the transfer design of the whole government office (including the Consul-General’s staff) to a modern commercial building. When Mr. Clark was away for a two-week holiday, nobody could follow up important business matters because neither Mr. Allen nor Mr. Briggs knew what kind of wood and carpet colour Mr. Clark preferred. Consequently, the office decoration work was stopped until Mr. Clark returned for work. Third, Mr. Clark should be made accountable for the confusion cropping up regarding the use of the company’s official car. The Commission has a Mercedes Benz, which both Mr. Allen and Mr. Briggs is also entitled to use. However, Mr. Clark likes to ask the driver to wait for him at l0.00 am every day where Mr. Clark resides. This meant that either the Assistant Trade Commissioners also have to wait inside the official car for him or they have to proceed to the Commission by other means of transport. Both Mr. Allen and Mr. Briggs felt that they were refused some of their entitled benefits. Further, Mr. Clark must be accountable for abuse of official time. Mr. Clark wrongly prioritised the Minister’s needs over official needs. When the Minister’s family visited the city, Mr. Clark put aside his work. He spent two days accompanying them shopping around. Occasionally, when Mr. Briggs calculated the balance of the Commission’s account, he found that Mr. Clark had bought meals for his friends and family and debited

Case study of alzheimers disease

Case study of alzheimers disease My first administrative position in mental health was working on a Geriatric Psychiatric unit of the local hospital. Many of the patients were elderly patients with Alzheimers. This was my first experience with Alzheimers disease and the effects it has on their families. Alzheimers is the most common type of dementia and is incurable, degenerative, and terminal (Wikipedia) . Symptoms of Alzheimers begin slowly and become worse until they interfere with daily life and patients are unable to even carry on conversations. Families become caregivers for their loved ones who dont know who they are any more. The prognosis is not good for patients afflicted with this type of dementia but researchers continue to look for new treatments and possible preventions. A few of the Alzheimers patients I worked with on the Geriatric unit are very memorable. There was a gentleman who was in the moderate to severe stage of the disease. His job for most of his life was that of a hospital administrator. M y office door was always open and some patients would wonder in time and again. My office must have triggered something in him because he would come in and need to sign papers. He would sit in my office for hours and sign papers. Another patient was a woman who had 12 children. She was always wondering the unit looking for her babies. The nurses bought her a baby doll and she carried it everywhere and it also calmed her down. Another aspect of Alzheimers is sundowners syndrome. Many of the Alzheimers patients would start to get agitated between 4:00 and 5:00 p.m. They would become more aggressive, oppositional and agitated. Sundowners syndrome is an increased time of memory loss, confusion, agitation, and even anger. For family members who care for Alzheimers patients, witnessing an increase in their loved ones symptoms of dementia at sunset can be nothing short of troubling, if not also painful, frightening, and exhausting (Sundowners Syndrome). Alzheimers is not a new disease. Alz heimers was first described by German psychiatrist and neuropathologist Alois Alzheimer in 1906. In 1901, Alzheimer observed a patient at the Frankfurt Asylum named Mrs. Auguste Deter. The 51-year-old patient had strange behavioral symptoms, including a loss of short-term memory. This patient would become his obsession over the coming years. In April 1906, Mrs. Deter died and Alzheimer had the patient records and the brain brought to Munich where he was working at Kraepelins lab. Together with two Italian physicians, he would use the staining techniques to identify amyloid plaques and neurofibrillary tangles (Wikipedia). Amyloid plagues are extracellular deposits that consist of a dense core of a protein known as B-amyloid, surrounded by degenerating axons and dendrites, along with activated microglia and reactive astrocytes, cells that are involved in destruction of damaged cells. Neurofibrillary tangles consist of dying neurons that contain intracellular accumulations of twisted f ilaments of hyperphosphorylated tau protein (Carlson, 2008). These abnormal structures are also found in brains of patients with Down syndrome. Unlike Down syndrome, Alzheimers is a progressive degenerative disease that gradually destroys a persons memory and daily functioning. Currently Alzheimers is diagnosed by symptoms, and only confirmed by brain examination after death. There are warning sides of Alzheimers disease that include memory loss that disrupts daily life. Challenges in planning or solving problems when there were no problems before. Difficulty completing familiar tasks or leisure activities they a person used to do. Confusion with time and place, which is what most people know about Alzheimers. This is when family members forget where they are going or days of activities. Trouble understanding visual images and spatial relationships or new problems with words speaking or writing. Misplacing things and the inability to retrace steps. Decreased or poor judgment and wit hdrawal from work and social activities. Changes in mood and personality, which is another warning sign that most people are also familiar with from media, etc. Grandma turns from sweet to irritable (Stages and Warning Signs of Alzheimers). The Alzheimers Association is a strong national organization that supports and funds Alzheimers research. Their website has a vast amount of information on symptoms, treatment, prevention and research of this disease. Taken from their website there are seven stages of Alzheimers. They include: Stage 1 where there is no impairment. Stage 2 there is very mild decline. Stage three there is mild decline. Stage four there is moderate decline. Stage five there is moderately severe decline and stage six and stage seven there is severe decline and very severe decline (Stages and Warning Signs of Alzheimers). The current major treatment for Alzheimers is medication management and each stage of Alzheimers requires a different medication. Mild to moderate A lzheimers is treated with cholinesterase inhibitors. These types of medications are prescribed because they may help delay or prevent the symptoms from becoming worse for a time and also help manage behaviors. The medications include: Razadyne (galantamine), Exelon (rivastigmine), and Aricept (donepezil). Another drug, Cognex (tacrine), was the first approved cholinesterase inhibitor but is rarely prescribed today due to safety concerns (Alzheimers Disease Medications Fact Sheet, 2010). Most people have heard of Aricept because is used often and advertised on the media more so than others. Moderate to severe Alzheimers is treated with a drug that regulates glutamate, an important brain chemical. The medication known as Namenda (memantine), an N-methyl D-aspartate (NMDA) antagonist. Aricept has also been approved by the FDA to treat moderate to severe Alzheimers. These drugs main effect is to delay progression of some of the symptoms and they may allow patients to maintain certain da ily functions a little longer than they would without the medication. The medication may help a patient in the later stages of the disease maintain his or her ability to use the bathroom independently for several more months, a benefit for both patients and caregivers (Alzheimers Disease Medications Fact Sheet, 2010). There is research going on to provide diagnosis by a simple blood test, this was reported by American researchers just last month. Also, other researchers have shown spinal fluid tests, which require a spinal tap, can detect early changes that signal the onset of Alzheimers. Imaging companies such as privately held Avid Radiopharmaceuticals, General Electrics GE Healthcare and Germanys Bayer are racing to finish clinical trials on new agents that can make brain lesions called plaques visible on positron emission tomography or PET scanners (Anonymous, 2010). Researchers also are looking at any possible prevention or slow down of the disease. Currently at Rush University is leading a nationwide clinical trial of a nutritional drink to determine whether it can improve cognitive performance in people with mild to moderate Alzheimers. The study follows recently released results from an earlier trial conducted in Europe showing that the drink, called Souvenaid, improved verbal recall in people with mild disease who were followed for three months (Anonymous., 2010). Alzheimers affects approximately 10 percent of the population above the age of 65 and almost 50 percent of people over the age of 85 years (Carlson, 2008). The number of Americans age 65 and older who have this condition will increase from the 5.1 million today to 13.5 million by mid-century. A recent report from the Alzheimers Association states that the cost of Alzheimers to the United States will be $20 trillion over the next 40 years. Changing the Trajectory of Alzheimers Disease: A National Imperative shows that in the absence of disease-modifying treatments, the cumulative costs of car e for people with Alzheimers from 2010 to 2050 will exceed $20 trillion, in todays dollars (Report: Alzheimers disease to cost United States $20 trillion over next 40 years, 2010). Statistics taken from the Alzheimers Association break it down as follows; Alzheimers disease costs business $24.6 billion in health care. In the US 7 out of 10 people with Alzheimers live at home where 75% of costs are absorbed by the family. The remaining 25% of care costs cost an average $19,000 a year. It is estimated that Alzheimers caregivers cost business $36.5 billion. This includes the costs of absenteeism and lost productivity. The average cost of a nursing home in the US is $42,000 a year. However in some areas those costs can be at least $70,000. Medicare costs for beneficiaries with Alzheimers disease were $91 billion in 2005. Medicare costs are expected to increase by 75% to $160 billion in 2010. Medicaid expenditures on residential dementia care were $21 billion in 2005. These costs are est imated to rise by 14% to $24 billion in 2010( (Kennard, 2010). The stress of caregivers for loved ones with Alzheimers is high. The frustration and challenges of caring for an adult who no longer complies with reasonable requests is a daily consequence of a loved one with Alzheimers. There are many support groups and resources for caregivers. Some tips for managing an Alzheimers patient is to have patience, be flexible, reduce frustration, reduce choices, reduce distractions to create a safe environment (Research, 1998-2010). Patience and flexibility are easy to figure out. Patience because a patient with Alzheimers will be oppositional at times, will not know their caregiver at times as well as not remember family members. The Alzheimer patients mood and reactions to daily tasks will change sometimes daily as the disease progresses. Flexibility with caring for Alzheimers patients is tied into their changing needs and abilities from day to day. Reducing frustration, choices and dist ractions would be like raising a toddler. Not too many choices or distractions for them to be overwhelmed with. A safe environment is pretty clear and we hear about Alzheimers patients wandering off reported on the news more often. Alzheimers patients who have been left in an unsecured house or got into a unlocked car. Doors should always be locked so the Alzheimers patient is unable open or figure out how to open. The car is easy to figure out, keep it locked! Take the car keys are keep them on you or hidden. There was a poem on the Geriatric unit wall where I worked. The author is unknown and it is taken from Coach Frank Broyles Playbook for Alzheimers Caregivers. The poem is a good reminder of what Alzheimers is all about and a good conclusion to this report. Do not ask me to remember. Dont try to make me understand. Let me rest and know youre with me. Kiss my cheek and hold my hand. Im confused beyond your concept. I am sad and sick and lost. All I know is that I need you, to be with me at all cost. Do not lose your patience with me. Do not scold or curse or cry. I cant help the way Im acting, cant be different though I try. Just remember that I need you, that the best of me is gone. Please dont fail to stand beside me, love me till my life is done.

Family Structure in Eating Disorders Essay -- Relationships Health Pap

Family Structure in Eating Disorders We are all genetically and socially affected by our families. Families serve as the matrix of our identity. It is through interactions within the family that we develop a sense of who we are and how we fit in (Minuchin, Rosman & Baker, 1978). Parents serve as role models, providing examples for attitudes, coping skills, and eating habits, as well as setting standards for perfection, ambition and acceptance (Hall & Cohn, 1992). Many researchers claim that family dynamics are at the root of eating disorders such as anorexia nervosa. The role of dysfunctional family interactions in the pathogenesis of anorexia nervosa has been given a prominent place in the research field. Evidence for a specific family constellation in this disorder, however, has been conflicting. While the majority of studies argue for a specific family interaction style, further studies must be conducted to identify distinguishing characteristics of anorexic subtypes and to determine whether these characteristics are of a causal or consequential nature (Minuchin, Rosman & Baker, 1978). Family focused treatments for anorexia nervosa have been developed based on accounts in family therapy literature of the "typical" anorexic or "psychosomatic" family (Weme & Yalom, 1996). Anorexic families may appear to have a perfect or ideal environment on the surface, but upon close observation little expression of affection or warmth is seen. Members of these families seldom take specific stands on issues, and conflict is avoided at all costs. Underlying dissatisfaction and tension is often present within the parental dyad. It has been suggested that parents of anorexic offspring put high expectations on their children to over-com... ...oanalysis and Eatiniz Disorders. Guilford Press: New York. Blinder, B.J., Chaitin, B.F., & Goldstein, R.S. (1988) The Eating Disorders. PMA Publishing: New York. Broberg, A. (1993). The anorectic family--an old-fashioned concept. Lakartidningen, 5@O 4550-4553. Hall, L., & Cohn, L. (1992). Bulimia, A Guide To Recovory Gurze Books: CA. Le Grange, D.C., & Rutherford, J. (1994). Redefining the psychosomatic family; family processes of 26 eating disorder families. International Journal of Eating Disorders. 3, 211-226. Minuchin, S., Rosman, B.L., & Baker, L. (1978). PYchosomatic Families. Harvard University Press: Mass. Weiss, L., Katzman, M., & Wolchik, S. (1985). Treating Bulimia. A Psychoeducational Approach. Pergamon Press: New York. Weme, J., & Yalom, J.D. (1996). Treating Eating Disorders. Jossey-Bass Publishers: San Francisco.

Interpersonal conflict in the movie “Hitch Essay

Conflict between people is a part of life and it is not necessarily a bad thing. I believe a relationship with frequent conflict may be healthier than one that seems to completely perfect or does not have any observable conflict. Conflicts can occur at many different levels of interaction, work, among friends, family members, and intimate relationships. When conflict occurs a relationship can be weakened or strengthened depending on the conflict and its resolution. Thus, conflict is a very critical event in the course of any relationship. Conflict can cause resentment, hostility, and perhaps end a relationship if it is handled poorly. However, conflict can be productive, lead to deeper understanding, mutual respect and closeness if it is handled well. I believe that the determination of whether a relationship is healthy or unhealthy does not depend on the number of conflicts between people, but on how the conflicts are handled and resolved. In the movie Hitch (Mordaunt & Tadross, 2005) I noticed the interpersonal conflict of lack of communication between the character Alex (Hitch) and Sara. In the movie they started to date and really got to like each other however, they both failed to disclose some very personal and important facts about one another. The most important thing in a healthy relationship is good communication and self –disclosure which both parties failed to do effectively. Both parties were dodging around the true aspects of their jobs. However, they were both very cautious about what they told each other and this eventually created a big problem in their relationship. The conflict actually started when a friend of Sara’s fills like she was dumped by her boyfriend due to the advice of a date specialist known as the â€Å"Date Doctor†. Sara later finds out that the man that she has a relationship with (Hitch) is the â€Å"date doctor†. Sara confronts Hitch and ask him if he is  indeed the â€Å"date doctor† he confirms that he is and tries to explain to her what he does. She refuses to listen and the fight begins. When she calms down and tries to talk to him he blows her off and refuses to listen. Finally, in the end they work things out. I believe that if Sara had been more open and really disclosed what she was trying to do they could have avoided the conflict that happened between them. Hitch could have been more open about what his job really consisted of and this may have given her more understanding on what he tries to do for people. The conflict may have been avoided if after Sara found out that he was the â€Å"date doctor† she had given time to explain and may have been reassured he was not trying to hurt people but make love connections. Instead they both chose to be stubborn and not communicate with other causing a lot of hurt and misunderstanding in their relationship. It is our interest to maintain relationships that are smooth, flexible, and mutually enhancing. The problem occurs when we fail to use cooperative approaches in our dealings with others. People do not create conflict intentionally. It sometimes happens because we are not aware of how our own behavior contributes to interpersonal problems. Sometimes we feel so exasperated that we focus on our own needs at expense of others. Then we find ourselves in conflict within our relationships. To prevent conflict from happening it is important to identify the ways in which we contribute to the disagreement and work on how you say things. Have a discussion (listen) to understand both sides of the problem and try to resolve it. In a relationship a person should be ready, willing and able to communicate their inner thoughts and feelings to one another. Communication is a key role in any healthy relationship, whether it is platonic, or intimate. RESOURCES www.livestrong.com/article/157478 www.drbalternatives.com/articles/cc2.html Mordaunt, W. Tadross, M. (Executive Producers), & Tennant, A. (Director). (2005). Hitch [Film]. Los Angeles: Sony Pictures