Adult development Essay Example | Topics and Well Written Essays - 500 words

Adult development - Essay Example t limited to; not being able to acquire a job because of lack of knowledge of a particular software, not being able to converse confidently with the peers at the workplace because of lack of knowledge of the subject of discussion, and not being able to apply the theoretical knowledge to practical situations in the workplace. As an adult, an individual needs to be more responsible in order to excel in the profession. It becomes more than just cramming things up to pass the exams, which is the approach towards learning adopted by a vast majority of the juveniles. One gets to realize the importance and significance of learning once one is required to exhibit the skills acquired through learning, and one’s professional growth, privileges, benefits, and the whole standard of living is associated with that. â€Å"As unemployment rises, along with employer concerns about worker skills, adult learners are returning to higher education in droves† (Cordes, 2009). As a result of t his realization, adults become more serious about learning. While they may have skipped classes in the schools to hang out with friends as juveniles, the same people tend to look for opportunities of learning, training, and skill development once they enter the professional life. An individual who was not serious about learning a software when the parents were paying the fee becomes so conscious and serious about learning that he/she wills to personally pay an institution to teach him/her that software. Tough life experiences make adults realize the importance of learning and thus, they approach learning as a ladder towards professional growth and success. IT can help adult learners in many ways. Firstly, learning through IT is a way that is best attuned to the learning style of the adults. A vast majority of adults spend considerable time using the Internet in the present age. Adults choose to use the Internet in the contemporary age in order to build contacts, and interact with friends and

The Libor Scandal Essay Example | Topics and Well Written Essays - 1500 words

The Libor Scandal - Essay Example The agent then gets rid of the lowest and highest 25 percent of those submissions and the rest are averaged to determine how much the Libor will be. Libor can be said to be very critical as a global benchmark for the short-term interest rates as it is calculated for different maturities and different currencies (Hall 2013). Libor has an effect on global borrowing since here are so many banks worldwide that use it as a base rate to set interest rates towards their customers and the corporate loans. There are hundreds of dollars in trillions in form of loans and securities that have a link to labor. The securities and loans are inclusive of home loans and auto loans. If labor rises then the rates and payments made on loans also increase and when labor falls, they fall. In addition, labor is used for a range of retail products like mortgages and loans given in collages. Labor is also used as the means of settling interest rates contracts in the major world exchanges (Varriale 2012). There is a potentiality that traders manipulated Libor. Financial institutions including Barclays have been under investigations for being suspected of manipulating labor rate. The financial institutions being suspected are inclusive of those in the UK, United States, Japan, and Canada. The first time that Barclays was suspected for manipulating Libor was in 2005. The aim of manipulation of labor was to ensure that the traders of the bank make high profits that are boosted by the base rate, which is the labor rate. During that time, the traders were able to ask the Barclays employees to give figures that in turn would benefit traders and not the rates that bank would pay in order to borrow money. However, there were traders who were able to coordinate with other banks to change the rate too. In this period, Libor maneuvered downward and upward based on the position