Plot the overcoat - Essay Example
(Graffy, 2000) The story entails an exposition that defines the initial premise of the story and Akakiy’s character, a passive civil servant, who is highly skilled in what he does but due to his appearance and aloof nature is often mocked by his superiors and inferiors alike. The focus of the story is then shifted towards Akakiy’s overcoat that has immense significance in the story to the protagonist because the coat was symbolic of social acceptance and a new life for him. However, the overcoat also serves as the main source of conflict and complication in the story, as all the other characters of the story do not understand the significance of the coat to Akakiy. Other characters deem it as an ordinary object, which on the other hand was symbolic of social acceptance for Akakiy as mentioned earlier. Akakiy’s old overcoat is ragged and does not really help to protect Akakiy from the icy cold weather of St. Petersburg.
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What factors would lead to a rise in the cost of credit in an economy, and in what circumstances - Essay Example
The formula, when applied, can show the annual rate of interest to be paid towards exhausting borrowed money. Acceptance of credit is often termed as a source of finance to a business due to the fact that it escalates with business expansion. (Siegel, et al, 1997)
A nation’s central bank can determine the cost of credit in an economy by either raising or lowering it. For instance; in 1989 the bank of Japan raised the rates of discount by 0.5% to 4.25%. Once the new rate took effect immediately, it would help in stabilising the economy’s prices by curbing the pressures due to inflation and enhance economic growth.
The discount rate is applied by the central bank while charging interests in the bank loans extended to other banks. Therefore, the raising of discount rates would amount to a rise in the cost of credit to the whole economy in entirety.
Future of healthcare Essay
Future strategic direction plays a huge role in health care. In this paper, I plan to describe a minimum of five challenges that are defining the future strategic direction of health care. The challenges that will be addressed include the information technology advancements such as the electronic medical record/electronic health record challenge, the accreditation, quality of healthcare, and organizational compliance challenge, the access to health care including the uninsured and those in the poverty levels challenge, the market shares and advancing age of population challenge, and the maintaining a skilled workforce challenge. I will also describe how an organization can adapt its direction and strategies to effectively address these challenges. Technology, protocol, regulations, populations, and workforce skill will always change within time and how an organization chooses to address these challenges will determine its success or failure.