What does it mean to become a nurse Essay Example | Topics and Well Written Essays - 1500 words

What does it mean to become a nurse - Essay Example The goal of this essay is to clearly define what a â€Å"nurse† really means literally along with his responsibilities and duties. Also, there will be a brief definition on the meaning of a â€Å"nurse† to people according to the common grounds of experience. One can just think of the benefits of having a private nurse inside his home. It is a combination of a mother and a care giver at the same time. It can’t be denied that the certainty of one getting well especially for a person who is sick not only relies on the doctor who gives prescriptions but also to the one who counts the time and gives him the medicine with care and with a longing of him getting, that is none other than a nurse. (AOS, pp 1)But more than the idea or the image of a woman wearing plain white suit who is always beside a doctor or beside a dying person at the hospital, a nurse is also a symbol of charity and true care for more than the issue on salary, the time that they devote into helping patients is more than the time ordinary employees spend in their offices. (AOS, pp. 2)I asked many people (nurses) why they devote time taking care of those who are sick and why can’t they just take care of themselves. The common answer was, â€Å"It feels good to be part of one person’s life in a way that you help them survive from a medical problem.† The vagueness of this answer can of course be told by a nurse and nobody else for the experience is unique and the risks encountered are for the ones who really risk their lives to help others, our nurses. That is just one good reason why anyone would choose to become a nurse. What then are the responsibilities of these nurses in the first place To start with the basic, they do the caring and advising for the sick person. They, just like the doctors maintain the health of their patients so that as much as possible, no further complications will arise. Then, with the prescription given by the physician or the doctor, the nurse takes charge and initiates the continuance of the patient's wellness and examples of this can be through giving the right dosage of medicine to the sick person based on the doctor's advice. The nurse also is the one who takes note or jots down the changes and or result of the drugs that were taken and through this, the doctor can make or can arrive on a decision on the condition of the patient. This isn't easy at all for sometimes, if the condition is critical, the nurse needs to be on call and should be ready anytime to write these changes. That leaves them with no idle time for themselves, although this factor should really be consi dered before entering the said profession. (AOS, pp. 2) In addition to this, the delegation of task is also in the name of a nurse where she can also assign to others the duties that she may not be able to accomplish. In order for the needs to be answered, he also tries to check every single bit of information that may be of use to the patient along with the kinds of resolution being made. If there is a hard condition such as being assigned to a special or intensive care, it is also possible that a nurse may not have enough knowledge on the condition but this is where the nurse's instinct comes in and with the help of her trainings and knowledge learned from experience, she survives along with her flexibility. (AOS, pp. 2) On the other hand, based on the Code of Professional Conduct for Nurses in Australia which contains the standards that are expected to be met by the nurses in the said place, the main idea for a nurse to become who she

INVESTMENT AND PORTFOLIO MANAGEMENT Assignment Example | Topics and Well Written Essays - 2000 words

INVESTMENT AND PORTFOLIO MANAGEMENT - Assignment Example The investor who prefers to bank his funds to generate a fixed ‘certain’ interest at the end of a term is the classic case of risk-averse individual while a casino gambler who bets against high ‘uncertain’ odds is at the other end of the spectrum (Pietersz, 2009). In scenario whereby an individual investment is assured of a  £500 return, in the uncertain situation, a bet is considered that with a toss of a penny, the individual can get  £1,000 or naught, while in the certain situation the individual will definitely receive the  £500. Although both situations have a guaranteed return of  £500, the uncertain situation has a 50 percent chance of garnering  £1,000 or nothing. Therefore, three possible scenarios emerge: Risk aversion is therefore a characteristic case of martingale effect whereby the most likely scenario is the investor risk-taker only gaining the original amount (Yates, 2009). In modern portfolio theory, risk aversion is calculated as the added subsidiary return an investor needs to admit supplementary risk, which is calculated through the standard deviation of the ROI or the square root of its variance (Baker, 2001). Modern portfolio theory established mean-variance efficient portfolios in a fixed time horizon that ignored future market movements hence not applicable to multi-period investment horizon. Sharpe (1964), Lintner (1965) and Mossin (1966) separately have been ascribed to establishing the Capital Asset Pricing Model (CAPM) model that was developed from Markowitzs (1959) exposition of the Modern Portfolio Theory (MPT) particularly the mean-variance model. The fundamental theory of the CAPM indicates that there is a linear link involving systematic risk, as measured by beta, and projected share returns (Brewton, 2009). The CAPM model endeavours to illustrate the linkage by applying beta to describe the differences involving the likely proceeds from shares and share portfolios (Laubscher, 2002, p.