Individual Reflection Essay Example | Topics and Well Written Essays - 2500 words

Individual Reflection - Essay Example We chose group consultancy model and with prior difficulties experienced with international students, it looked such a daunting task. Having had created a clear decision on this issue, I had decided that issues to do with group dynamics would be handled with a high sense of caution. We however got a group that would work very well for me. Using Tuckman’s stages of developing a group, the activities of the group seemed to go along well from the time of the group coming together to the level of initiating all the projects (Belbin, 1993, p 33). Our group consisted of five students. Some ties were strong while others were not but for the sake of the group work, we got along. There was a preliminary discussion that put together all our strengths and weaknesses as well as the experiences that we all went through in year 2. The ‘forming' part of the theory did not therefore take time to establish because I found out everybody was flexible enough as stated by Cassidy (2007) The ‘storming’ part of the theory was also done quickly because after a suggestion on the Burngreave Messenger newspaper group. There was a quick move from ‘forming’ to ‘norming’ as after the storming stage; a meeting was organized (Furnham, Steele & Pendleton, 1993). The tasks were broken down into two; primary and secondary research tasks. The final part in Tuckman, which is about performing was more useful. All the group members were aware of their tasks and the expected deadlines. We were of trust to each other and believed in our ability to perform with the best level of flexibility. Arguments against Tuckman’s theory use arose and this was just a proof of Belbin (1993) would argue that in a group that had so many roles, just taking primary and secondary sectioning was wasting of human resources(Guardian, 2012, p. 03). That was however expected. Belbin insists of norming and forming extremely rapidly for a better result. The project was done based on the two methods we had decided on where three of us carried out a primary research about the Burngreave Messenger to ascertain its strength among the residents of this Sheffield region. This was done through primary research by use of a questionnaire. The issues of social media came up as well as trying to establish the effects of the social media on the Burngreave Messenger newspaper. This was done through both primary and secondary researc

Finance and Financial Markets Essay Example | Topics and Well Written Essays - 2000 words

Finance and Financial Markets - Essay Example The supporters of efficient capital market theory claim that the stock prices are efficient enough to fully represent information. But, the efficient capital market theory remains silent when the median revenue before the 1987 crash were $18.6 million, and right after the two years of crash, the median revenue increased to $34.7 million. Before the market crash of 1987, the standard deviation of revenue was $276 million, but after two years of crash, the standard deviation of revenue increased to the level of $327 million. On the one hand, capital markets crashed; on the other hand, the median revenue and standard revenue were steadily increasing. In this paper, a critical evaluation of efficient capital market theory is carried out in the following parts of the essay. Besides, types of capital markets, technical analysis and fundamental analysis are incorporated into this piece of writing. Definition An efficient capital market is such type of stock market where the current stock pr ices fully reflect information, including the information of risk (Schweser, 2004). In the year of 1970, Eugene Fama (1970) introduced the concept of ‘Efficient Capital Markets’. In which, efficient capital markets are clearly defined. ... And, this theory is less relevant to small and medium sized companies. As the small and medium sized companies do not have sufficient volume and sufficient size of capitalization in stock markets, the application of this theory would not serve any of their major objectives. An efficient capital market is based on certain assumptions: first, this theory assumes that the market participants fully understand stocks. And, on the basis of this understanding, they value stocks. Second, a piece of information appears in a random fashion; all pieces of information are independent of each other with regard to timing. Third, fund managers instantly start evaluating the prices of stocks as soon as a new piece of information arrives. In order to make appropriate investment decisions, they carefully monitor the stocks movements. Types of efficient market Weak-form efficient markets In this type, stock prices reflect the historical market information. This type of efficient market is based on the assumption that stock prices reflect currently available historical market information. Consequently, no relationship exists between past and future stock prices. The historical value of information is already incorporated into the current prices. Hence, it would be of no value to study the previous stock prices. Additionally, this type of efficient market hypothesis may be implausible in many situations (Poterba and Summers, 1988; Pesaran and Timmermann, 1995,2000). Semi-strong form efficient market In the semi-strong form, stock prices rapidly adjust to information that is publically available. This stock price adjustment can be upward or downward. It depends upon the nature and type of information available publically.