Business Finance And Quantitative Methods Of Dick Smith Holdings

This particular essay attempts to heighten a brief summary of the ownership history of Dick Smith Holdings Limited. It also incorporates the critical evaluation of the valuation of the pany when it was acquired by Anchorage Capital Partners and its Initial Public Offer (IPO) amount. The essay also attempts to assess the ethical dilemmas that face Anchorage Capital Partners regarding the floating of the pany and the senior executives and directors of Dick Smith Holdings Limited in respect to its financial reports made in the 2014/2015 accounts and reports. Dick Smith Holdings Limited was an Australian wide-chain of retail stores domiciled in Sydney, Australia and was founded by Dick Smith in 1968 (Dick Smith Holdings Limited annual reports, 2015). The pany basically sold consumer electronics goods, electronic project kits and hobbyist electronic ponents for its customers in Australia, New Zealand and other parts of the world. The pany expanded effectively into New Zealand and unsucces sful in some other nations globally (Anderson, Sweeney, Williams, Camm, and Cochran, 2012). Dick Smith Holdings Limited expanded to be a leading business in Australia that ensured that almost every electronic enthusiastic in the country has one of its catalogs and thus enhanced profits. In the FY2012, Dick Smith Holdings Limited was formerly acquired by Anchorage Capital Partners at an opening cash payment of AU$20 Million and the total ultimate cost of some AU$115 Million. Dick Smith Holdings Limited was initiated in 1968 by Dick Smith. The pany started as small rented buildings in a car park in the Sydney area of Neutral Bay with the total capital of just AU$610 and focused mostly on servicing and installing car radios (Puncheva, and Michelotti, 2014). Due to the pany rapid increase and success in the business sector, the pany moved to a bigger premises so as to enhance its business operations in the country. The pany profited mostly from CB Radio business, and by the end of ten years, it had branches in all the mainland regions in the country. Dick Smith Holdings Limited was owned by Dick Smith and his wife until they basically sold the majority of shares to Woolworth Limited in 1982 (Clements, 2015). The pany expanded its diverse range of products especially in between 1970 and 1980 and basically stocked products such as TV receiving stations and Heathkit electronic kits because of the waning interest rates. The business had expanded to about 20 sto res and the initiator together with his wife sold 60% of the business shares to Woolworth Limited and the remaining 40% ownership was pleted in 1982. Dick Smith Holdings Limited continued to increase to its setup of small main street stores in the regional and suburbs towns across Australia. The pany later established Dick Smith Electronic Powerhouse which was a superstore across the east coast of Australia that carried an extensive range of products in the audiovisual, puting and armature radio areas to enhance its productions. In the FY2008, following Woolworth Limited review of its consumer electronics division, Dick Smith Electronic Powerhouse revamped its flagship store as a notion to Dick Smith Technology branding (Lau, 2016). In 2009, Woolworth pany Limited confirmed the end of the Dick Smith Electronic Powerhouse as progressively phased out over the subsequent three years as part of its division. Dick Smith Electronic Powerhouse ended its operations in 2016 with several year s of Anchorage Capital Partners acquisition. Dick Smith Holdings Limited had been owned by Woolworth Limited since the early 1980’s, until early in 2012 when Woolworth Limited announced that the business was underperforming and non-core and instigated a sale process (Schauten, Dijk, and Waal, 2016).   After a period of distinctiveness, in November 2012 Anchorage Capital Partner acquired the pany for AU$20 Million. Anchorage Capital Partners announced in FY2012 that it had entered into an agreement with Woolworth pany Limited to acquire 100% of Dick Smith Electronics with the entire transaction anticipated to be pleted in November 2012. Dick Smith Electronics was an iconic Australian consumer electronics pany that became part of Woolworth pany Limited in 1980 (Essayyad, 2012). The deal had been conventionally structured so that Dick Smith Holdings Limited will emerge from the sale supported by a strong statement of financial position with considerable asset backing and no core liabilities. As part of the acquisition, An chorage Capital Partners would also support the operations by offering additional guarantees and cash investment. As at FY2012, Dick Smith Holdings Limited reported sales worth AU$1.6 Billion. Anchorage Capital Partners paid as much as AU$115 Million for Dick Smith Holdings Limited because it was agreed that an approximately AU$20 Million would be paid up front. As at FY2012, Dick Smith Holdings Limited was basically valued at AU$420 Million (Dias, and Saizarbitoria, 2016). The pany was heavily criticized because it was cheaply sold because the pany could not make sufficient profits needed by the pany. Woolworth pany Limited having struggled to find a fit for the electronics retailer from its acquisition in 1980, the pany was keen to offloading the non-core business division for approximately AU$115 Million. Since Anchorage Capital Partners is a privately owned institution, the price details of the newly acquired asset, the pany shares are not routinely made public. When Dick Smith Holdings Limited was basically acquired by Anchorage Capital Partners, the pany had less value and was basically valued at AU$20, and its Initial Public Offer (IPO) was at AU$2.20 per share. Following the pany acquisition, Anchorage Capital Partners restructured its business, and the retailer was mainly listed on the shares market for AU$2.20 for each share raising about AU$345 Million which was more than five times its initial purchase price (Brigham, and Houston, 2012). Anchorage Capital Partners is alleged to have marked down a substantial value of Dick Smith inventories to sell it at a discount so as to report an attractive i es data. These particular adjustments did not touch the new Dick Smith pany loss and profit reports, and at the lash of the pen, the pany had made or avoided about AU$120 Million in future pre-tax profit. The pany financial statements as at 2012 indicated that Dick Smith Holdings Limited had stock that cost AU$371 Million but had been written-down to AU$312 Million (Essayyad, 2014). Consecutively, as at June 2013, the pany inventory had decreased to AU$171 Million which basically pointed out an apparent sale of the enterprise. In this case, the reduction in the pany inventory produced a massive AU$140 Million profits to the pany operating cash flows as a result of selling most of the inventory, but there was no restocking. Due to this particular markdown of most of Dick Smith Holdings Limited inventory and other non-current assets, the pany valuation had been decreased tremendously that enabled Anchorage Capital Partners to acquire the new corporation quickly (Oakshott, 2012). Floating of the business shares in the market is usually the duty of management. Floating of shares often enables the pany to raise more capital to fund its diverse activities such as expansion. The management of Anchorage Capital Partners basically faces diverse ethical dilemmas when floating of shares because of the negative critics that they face as a result of Dick Smith Holdings Limited acquisition in 2012. The pany management is criticized of decreasing the pany value so as to enrich themselves which is considered to be unethical among the pany operations (Iyakaremye, 2015). Anchorage Capital Partners are faced with the aspect of trust and confidence from shareholders in respect to floating of its shares because they feel less secured from diverse operations of the pany. The pany management floated the electronics chains that bear the name of Dick Smith which was considered to lack decency and morality and that the managers were faced with a lawsuit with the aim to refund for t he clients that were left holding worthless gift cards. Dick Smith Holdings Limited was initially sold off to Anchorage Capital Partners for about AU$115 Million, and the privately owned firm basically floated the business just after fifteen months later for more than five times its initial costs. This aspect was considered to be unethical because the amount paid for the pany was too low. There can be absolutely no doubt that the Anchorage Capital Partners Limited managers knew that the things were not doing the right thing to its customers. Investors lost their life savings invested in the pany while the pany directors walked away with several million (Gendron, and Smith, 2015). The Anchorage Capital Partners misled the directors of Dick Smith Holdings Limited that led to their acquisition at a little value whereas the pany management made diverse profits that floated an enormous amount of shares that was considered to be five times the initial value of Dick Smith Holdings Limited. An assessment of the ethical dilemmas that faces the senior executives and directors of Dick Smith Holdings Limited with respect to its financial reports made in the 2014/2015 accounts and reports According to the financial reports and accounts for FY2014/15, the management board of Dick Smith Holdings Limited duped the firm shareholder and investors using the name of Dick Smith to hide their dishonesty (Wood, 2011). They fooled the pany investors and shareholders that the pany was making profits and that the pany financial students and reports demonstrated a clear picture of the pany financial position and in actual aspects, the pany financial statements were deceiving. This action was basically unethical and unprofessional because they also fooled financial professionals and banks to push for the pany sale (Essayyad, 2012). Another ethical problem that faces the directors and executive management is that according to the FY2014/15 accounts and reports, there was no indication that Dick Smith Holdings Limited will exit the business. According to the reports, the managers rewarded themselves with huge bonuses and salaries that resulted to the pany liquation. The pany went into receivership five months after the release of the financial statements of 2014/2015 which indicated that the pany would continue its operations for a foreseeable future but in real aspect, the pany had diverse problems. Due to huge salaries by the directors that resulted in little profits, the pany shares were suspended from trading via the ASX. Senior executives and directors of Dick Smith Holdings Limited were blamed for low sales that led to low profits and hence the closure of the business. Anchorage Capital Partners had altered the true and fair value and projections of the pany when it registered the pany of the Australia Stock Exchange in the FY2013 (Kenney, Cava, and Rodgers, 2016). Basically, it a pany cannot be valued at AU$90 Million in FY2012 by Woolworth Limited, AU$500 Million in 2013 and then the pany goes into receivership two years later. In this case, the pany management deceived the pany shareholders and investors. The senior executives and directors of Dick Smit h Holdings Limited knew of inventory problems that led to most of the pany stocks written off. The management team basically deceived the shareholders, and they were treated poorly, and they had a right to correct information to make informed decisions on the Australian share market. The senior executives and directors of Dick Smith Holdings Limited did not offer viable information to its investors and shareholders that led to the pany closure (Essayyad, 2008). This is because it is believed that the managers had concrete knowledge of what was happening with the pany and failed to advise on the shareholders on the possible approaches to save the pany from downfall. Proper and ethical management of diverse panies globally is usually the core aspect that enhances the pany operations. A pany that has better management team usually generate sufficient profits for its investors and shareholders because they ensure that there is continuous production. Dick Smith Holdings Limited sold consumer electronics goods, electronic project kits and hobbyist electronic ponents for its customers in Australia, New Zealand and other parts of the world. The pany was officially closed in 2016 because the pany management did not disclose all the problems that hindered the operations of the enterprise. The pany management fooled the pany investors and shareholders that the pany was making profits and that the corporation financial students and reports demonstrated a clear picture of the pany financial position and in real aspects, the pany financial statements were deceiving. Anderson, D.R., Sweeney, D.J., Williams, T.A., Camm, J.D. and Cochran, J.J., 2012.  Quantitative methods for business. Cengage Learning. Brigham, E.F. and Houston, J.F., 2012.  Fundamentals of financial management. Cengage Learning. Clements, J., 2015. Stamp duty consequences of infrastructure and development agreements.  Taxation in Australia,  49(11), p.688. Dias, A.A.D.S.P. and Saizarbitoria, I.H., 2016. ISO 9001 Performance: A Holistic and Mixed-Method Analysis.  Revista de Management parat International,  17(2), p.136. Dick Smith Holdings Limited annual reports, 2015. Retrieved from https://www.asx .au/asxpdf/20150818/pdf/430kvhrl8cpg0l.pdf Essayyad, M., 2012. The Case of Anchorage.  International Banking and Financial Centers, p.11. Ezidinma, V., 2014.  Why corporations fail: An exploration & theory on the recurring themes in corporate failure  (Doctoral dissertation, Dublin Business School). Essayyad, M., 2012. 2. The Feasibility of Establishing.  International Banking and Financial Centers, p.11. Essayyad, M., 2008. ‘The Feasibility of Establishing an International Financial Centre: The Case of Anchorage.  International Banking and Financial Centers, p.11. Iyakaremye, A., 2015. Analysis Of Financial Performance And Financial Risk In Agricultural panies Listed On The Nairobi Security Exchange. Gendron, Y. and Smith-Lacroix, J.H., 2015. The global financial crisis: Essay on the possibility of substantive change in the discipline of finance .  Critical Perspectives on Accounting,  30, pp.83-101. Kenney, R., La Cava, G. and Rodgers, D., 2016.  Why Do panies Fail?(No. rdp2016-09). Reserve Bank of Australia. Lau, A., 2016. ASA stands up for shareholders.  Equity,  30(4), p.10. Oakshott, L., 2012.  Essential quantitative methods: For business, management and finance . Palgrave Macmillan. Puncheva-Michelotti, P. and Michelotti, M., 2014. The new face of corporate patriotism: does being â€Å"local† matter to stakeholders?.  Journal of Business Strategy,  35(4), pp.3-10. Schauten, M.B., Van Dijk, D. and van der Waal, J.P., 2013. Corporate governance and the value of excess cash holdings of large European firms.  European Financial Management,  19(5), pp.991-1016. Wood, D., 2011. M&A transactions: What are the issues; what are the opportunities?.  Tax Specialist,  14(5), p.238.

Entrepreneurship and Innovation Essay Example | Topics and Well Written Essays - 2000 words

Entrepreneurship and Innovation - Essay Example GET 2 survey personal score: Need for achievement: 8/12 Need for autonomy: 4/6 Creative tendency: 11/12 Calculated risk taking: 7/12 Locus of control: 6/12 My result for this exercise was 36 out of 54 In accordance with my results, I have medium entrepreneurial capabilities. To my mind, I am lacking of professional experience, but with respect to my age I think that this experience is enough. I have a high degree of achievement need and creativity tendency. It means that I know what I want to reach in my business. There is a lacking of appropriate risk taking and I think that it is appropriate to focus more on possible outcomes of my activities. It is evident that personal contribution to my business development is very important, but to pay attention to my personal skills means much too. 2. What do you need to develop or improve? I have analyzed a current situation and I found out that I need to strive for autonomy. On the one hand, I am found of team form. From my school years I li ked doing common projects and work in the name of a common goal. I like communicating my ideas to other people and find something interesting in the name of a common goal. Moreover, I put the main emphasis on creative thinking development. Currently a global world is on the way of a high speed development and there is a need to look for innovative and unique decisions in the field of management and leadership. 3. What is the organization you work for (or have worked for) doing to attract and keep entrepreneurial talent? I have worked for 2 years as a manager of a profit Company. I was dealing with employee training and coaching. I was interested in development of communication among employees, building a communication bridge and performing my duties in the Company. I dealt with organization moments and I had to focus on certain dates for special meetings. I had to correct a schedule of my senior manager. Therefore, my punctuality and organization skills have been perfectly developed . Moreover, I dealt with the issues of leadership and the issues of the main activities of my organization. 4. How would you describe and evaluate the influence your working environment has had upon your entrepreneurial orientation? My working environment was rather diverse. Our organization hired representatives from different countries. Both representatives from Eastern and Western countries influenced a development of a diverse background for our work. When I had to communicate with different customers, I had to fulfill their needs with respect to their needs and wants. What is more important is that the customers were offered innovative means of communication. For example, I implemented usage of emails and social networks. Moreover, my customers were also pleased with having an opportunity for communicating online. It is more comfortable than solving the problems by phone and it saves time and money. Second Journal Entry Set Tasks: 1. Describe your approach to creative thinking and problem solving? I think that creative ideas can be produced only when an individual knows exactly what he wants to reach. I have been always looking for numerous opportunities to realize my creative potential. Thus, I decided to facilitate a process of communication among customers and employees. I knew exactly that â€Å"electronic bridge† (emails, websites, online updates etc) will be helpful in our daily routine. Another measure taken was my original approach to problem solving. I decided to invent a possible outcome and think about a potential benefits of a decision making process. When I thought what I wanted, my further considerations were related to my creative thinking and a potential creative approach. We had a problem in our company, when our

An analysis into the Biblical Story of Jonah Research Paper

An analysis into the Biblical Story of Jonah - Research Paper Example As a further means of understanding these complexities, this brief research paper will delve into the determinants of the story of Jonah and seek to find the most compelling and powerful comparisons and references to other Biblical concepts as can be found. The first aspect of the story of Jonah that bears mention is the time period in which tit took place. As anyone who has a modicum of understanding with regards to the nation of ancient Israel can readily attest, the nation was one that soon became drunk on their own â€Å"chosen† status. Whereas it was indeed iterated by God time and again throughout the Old Testament that He had set them aside as a people and that they were indeed his most believed among all the earth, the underlying purpose for this was all too often forgotten or missed entirely by the shareholders and religious leadership within the country. Instead of seeking to integrate an understanding of appreciation and humility for such an honored space in all of the nations of the earth, the nation of Israel developed an overtly haughty and arrogant posture that understood the blessing to mean that all other nations should bow at their feet as they were the gifted and blessed of the Almighty (Hamel, 1995). This was a fundamental error due to the fact that God ultimately intended this blessing to cause a type of leadership among the nations of the earth. By providing the nation of Israel with such a benevolent gift of superiority and love, it was the intention that they would then take these gifts, or talents, and utilize them as a witness unto all of the other nations and peoples; showing the manner in which God’s love and affection could present one of the greatest gifts that mankind had ever seen. However, as can be seen through various stories, inclusive of the story of Jonah, the extent to which this ideal was actually realized was all but non-existent. Instead, the nation of Israel turned to an arrogant interpretation of Godâ₠¬â„¢s blessings and began to hoard their status; requiring constant exile and humiliation to seek to re-integrate with them the present need to be a missionary nation – a beacon to the world. Jonah exhibits much the same arrogance with regards to God’s directive to speak to the people of Nineveh. This aspect of calling and rebellion is not only a central theme to the story of Jonah but also to the way in which humanity ultimately relates to the presence and voice of God within Christianity. This again strikes at the very concept of truth and the means by which an individual integrates with this. Although there are many different means to interpret many theological theories and passage of the Bible, the story of Jonah does not leave one with a great deal of leeway with regards to the means by which it can be interpreted. Ultimately, a man is met with the difficult requirements that God insists must be carried out, the man then decides that the commands are nonsensical a nd ridiculous and thereby shirks the responsibility, then necessitates a chain of actions to be brought down

Last Minute Solving :: essays research papers

Transplantation of organs between animals and humans is called xenotransplantation. Pig liver are already being used to supply some time to liver-transplant patients; and for years, pig heart valves have been used in open-heart procedures to replace damaged human valves. Cloning research may contribute to treating diseases by allowing scientists to reprogram cells. The benefits of cloning could provide spare materials. Liver cells, eyes cells and bone cells may one day lead researchers to create organic organs such as hearts, lungs, livers and kidneys. Embryonic stem cells can be grown to produce organs of tissues to repair or replace damaged ones. If someone was to be injured and/or was an amputee, it would be possible for new limbs to be regenerated. There are many other possibilities, such as: burn victims could receive new skin; brain cells could assist in the healing of brain damage; or spinal tissue could help a quadriplegic walk again. If cloning is banned, this may never be a reality. One of the strongest reasons to support that cloning is beneficial to humanity is that there would be a solution to organ limitation. One of the greatest problems in medicine today is that many people need organs for various reasons, which are not available. This creates a lot of unnecessary deaths, and problems for patients. There are not enough organs to supply the need in demand. Currently in America, 2300 of the 40,000 Americans who needed a new heart in 1997 got one. That means that approximately 94% did not receive one. This is just the heart we are talking about. Imagine the staggering number of organs that are needed in the world. For example, in the States, there are 36,00 patients waiting for an organ transplant. Also, about one third of these patients waiting will die because of the lack of available organs. There are a great number of failures with organ donation. The failures can cause serious illness, and possible death. Therefore, cloning human organs is very beneficia l to humanity.

Organ Donation: Two Deaths or One Life

The donation of organs after death is not often a common topic; however, it is a problem that needs addressing. Organ transplantation has become a solution to organ failure, but the rate of failing organs is drastically higher than that of the donors. 118,466 (OPTN: Donor Data, Web) people are currently waiting on life-saving organs, and every ten minutes (The Need is Real, Web) another person is added to that list. It is a rising trend, and 51,701 (OPTN: Donor Data, Web) people were added to the list last year, and only 8,143 (OPTN: Donor Data, Web) people donated their organs after their death. There is simply not enough awareness or concern on this matter, and as such people needlessly die every day. The United States should revitalize the organ donation system by implementing a presumed consent policy, allowing individuals to opt-out if wanted, as opposed to the current method of mandated choice or opt-in, in order to generate more awareness and increase the number of donors. Currently, efforts to increase organ donation include: advertisement, public education campaigns, and a checkbox on a DMV form for a license. Neither is efficient, nor do they provide enough information for the individuals to actually understand what organ donation is and what it includes. When asked whether or not you would save a life if you had the ability, most people would probably answer yes. This is essentially what organ donation does, but most people don’t realize this and so they don’t elect to be one. Some may object to the idea of presumed consent legislation because they fear it would violate human rights, which is a very important factor in considering this solution. It is however void because any individuals who would not want to be a donor could simply opt out. Along with this, in the current system of mandated choice, human rights are violated constantly. Even if a person had registered to be an organ donor, it is not guaranteed, 0as in many cases it is ultimately up to the next of kin. If they do not want their loved one to be a donor, than it is highly unlikely for UNOS to receive any organs. No consideration of what was actually wanted by the patient is taken into place as there is very little time to save viable organs and therefore the next of kin is the deciding factor. Another objection that may be raised to this matter may be the family’s right to make final decisions; however, the constitution makes no allowance for the ownership of a body. It is neither property nor part of an estate, and as such not able to be owned or able to be controlled by an outside source, therefore the organs within a body are not controllable by a family member. In order to protect the right, presumed consent allows donating of all organs unless the patient was to express their want not to donate. This helps to keep the family out of the personal decision and maintains the integrity of the decision. In support of this proposal, the ethics of allowing a person to die if another is able to save them, is unavoidable. With no use to a person who is deceased, there is no reason, other than their direct discretion that should prohibit the transplant of the vital and lifesaving organs. It is imperative that a dying patient should be saved at all costs if possible, and the vanity of the current system does not allow that to happen. It is impossible to tell how many individuals have simply not taken the time to fill out the form to become an organ donor because of the lack of time or simply due to forgetfulness. The lack of opt-in donors in the US is not because they do not want to be one, but rather people are naturally conservative when it comes to doing something, they tend to put it off if it isn’t important to them at the moment. Therefore I believe it is fair to conclude that in general there are more people than are currently listed that if not wanting to donate, are not opposed to the idea. Along with this, the people that do not want to donate, usually feel much more strongly about it, and as such would be likely to opt-out. This theory is very flattering to the idea of presumed consent, as it tends to be more appealing to those with strong opinions, which mandated choice, which tends to leave out a large chunk of the population, does not. Another reason why presumed consent is better than the current system is because the results are not theoretical, but they are known to have a positive effect. Multiple countries in Europe, such as Spain and Austria (Rithalia, Web), have enacted legislation of the same effect, and the results have been phenomenal. The number of donors has surpassed that of the need for organs being added to the list (Rithalia, Web). These countries are leading the way, and why should we not follow a plan that is proven and showing an overall decrease in the number of people on the waiting lists (Rithalia, Web). No matter what objections may be raised, it is agreed that some drastic change is needed and although many options are viable, this is quite frankly the solution that will produce the quickest results while also being straight forward and easy to put into effect. The US should implement presumed consent in order to help its people that are in dire need of organ donations. It is a rising need and people’s lives are in the balance of this legislation. After all, should two people die if one of them could save the other?

Social Anxiety on College Students - Free Essay Example

Sample details Pages: 6 Words: 1945 Downloads: 2 Date added: 2019/03/26 Category Psychology Essay Level High school Tags: Anxiety Essay Did you like this example? A familiar feeling of sweaty palms, an upturned stomach, racing thoughts, and increased heartbeat is what many people have experienced in their life time. This phenomenon usually occurs when we are put into situations that trigger our flight or fight responses. However, for those with Social Anxiety Disorder (SAD), also known as social phobia, these moments are experienced frequently on a daily basis with extreme intensities. Don’t waste time! Our writers will create an original "Social Anxiety on College Students" essay for you Create order SAD can be defined as an overwhelming anxiety with excessive and difficult to control worries or fears about social interactions or scrutiny (Falk Leweke, 2017). The origins of the disorder may be a result from high exposures of either stressful and negative events that one has experienced from childhood or adulthood (National Institute of Mental Health, 2016). Previous history of anxiety or other mental disorders may also be a source of origin for SAD. It is a common anxiety disorder that can be found among 33% of college students (Brook Willoughby 2015) and has a large impact on their academic and social performances. In this paper, it will address how SAD impacts college students and their dimensions of wellness. Signs and symptoms of SAD are similar to the vivid imagery described in the introduction. According to the DSM-IV, typical symptoms would include difficulty in controlling worries, general avoidance, large restrictions with speaking in public, body dysmorphia, and intense nervousness (American Psychiatric Association, 2013). More physical symptoms would include intensive blushing, trembling, stiff muscles, increased heartbeats, dry throat or mouth, and dizziness (American Psychiatric Association, 2013). This disorder is often mistaken for the typical shyness, when in reality it is something more extreme. With the flight-or-fight responses, people with SAD also tend to have thoughts that revolve around the judgments by others. Due to these thoughts, they tend to feel very uncomfortable and in some cases, may even break down and have a panic attack. It impacts 50% of children, as early as 11 years of age, and 80% of those at age 20 (Stien Stien, 2008). SAD is becoming an increasing an d alarming mental disorder that must be addressed. Therefore, getting the proper treatment for SAD is essential. For only 35% of those who have chronic SAD get the proper treatment for it (Falk Leweke, 2017). With SAD alone, they are already at high risk for cardiovascular disease and disorders related to substance-use or depression (Falk Leweke, 2017). Some of the most effective methods of treatment are psychotherapy, cognitive behavioral therapy, medications, antidepressants, beta-blockers, stress management techniques, and support groups (National Institute of Mental Health, 2016). By getting these treatments, they significantly prevent the previously mentioned risks and cope more efficiently with SAD. The intensity of their symptoms may be decreased as well since they have a source of treatment to help them pull through those social moments. However, college students often do not use any of the given treatment methods. Based from the National Alliance on Mental Illnesses (2016), approximately 75% of the mental health conditions arise at age 24, leaving college students clueless in how to cope with them (Chiu Graham, 2017). It is found that the most popular coping method among SAD diagnosed college students is through heavy drinking. In fact, it is reported about 48% of students who have SAD are also diagnosed with some type of alcohol disorder (Ham, 2009). A negative effect from this coping method is that it is a gateway to associate alcohol consumption or alcohol use disorder (AUD) (Sarah Carrie, 2002). Alcohol is known to deteriorate ones important organs such as the liver, brain, heart, and pancreas. As stated earlier, it may also lead to other disorders such as, depression, eating disorder, or other anxiety-related disorders (Nordstrom, Goguen Hiester, 2014). As a result, it shows how big of an impact that SAD has upon college students and their dimensions of wellness when it comes to self-coping. For every action there is a particular reason, which applies to why college students with SAD confide to drinking alcohol. Majority of students use alcohol as a coping method because it helps relief their fears and uncomfortableness while they are out in public. They are lead to believe that by using alcohol and getting intoxicated, they can reduce the amount of anxiety they have for the time being (Book Randall, 2002). Another reason may be due to the fact that around this age, many of their peers are also using alcohol and other forms of drugs. This causes them to be susceptible to peer-pressure and get the high possibility of addiction to any given drug. All of this ties into the smaller and detailed factors that many forget to consider when analyzing those with SAD, their environments, current situation and their group associations (Lindsay et al., 2011). Where alcohol outcome expectancies are considered and three other main reasons for drinking: negative coping, personal-intima tes, or convivial. The anxiety causes students to have intensive symptoms when out and about in social settings, such as parties. Although alcohol is bad for their health and not the best coping method, it is not primarily their fault for falling into the addictive trap of the beverage. With social anxiety, there are both positive and negative effects that intertwine with it. The negative effects are associated with their ability to do well in school and establish relationships with others. Most of them will do whatever it takes to avoid situations where social interactions are required due to their fear from SAD (Lipton et al., 2016). They often avoiding social etiquettes such as direct eye contact and projection of the voice. Their thoughts when engaging in social events are increase in negativity as well, usually regarding about themselves (Pictet, 2014). Due to their tendencies to avoid social interactions, some college students may decide to skip classes in order to keep their SAD symptoms on a low level. Their grades may drop as a result, and their ability to achieve a aspired career is diminished. They are also unable to handle stress well and may result in using drugs or alcohol to cope with it (Lipton et al. 2016). It also impacts their self-imagery because they are constantly in fear of others judging them, leading them to be very self-conscious about their appearance and actions. Moreover, negative effects involved with SAD include deterioration in the bodys overall optimal health. It can cause frequent headaches, high irritability, fatigue, increase in blood pressure, and a sense of impending doom. Without a stable physical and mental health, the other dimensions of wellness deteriorate in response. This is why many students who have SAD have higher risks in obtaining depression because their state of mind is often thrown to such mentality. Similar to simply avoiding social interactions, they may avoid work areas or school entirely as well as social groups like friends or family. As mentioned before, due to the low dimension wellness levels, they are most likely to develop another disorder on top of the social anxiety they already have. Ultimately, it would lead them to a downwards spiraling path of unhealthy amount of stress and health problems, both physically and mentally. On the contrary, a positive effect of social anxiety can be derived from a positive self image. With a positive self-image, they are able to form more positive biases when interacting with others or may even use their anxiety as a method of motivation (Pictet, 2014). They are also able to hold and express stronger emotions, exhibiting stellar empathy or sympathy to others. This results in a good trait that many seeks in potential friendships, enabling the student with SAD to overcome their weakness in establishing friendships. Another positive is that it allows the person to be more aware or alert since anxiety is the main embodiment of social anxiety. It triggers the flight-or-fight responses that enhances ones survival abilities in cases of endangerment. (Lee, Wadsworth Hotopf, 2006). They also share strong attributes in leadership traits because of their tendency to consider all the possible outcomes. This derives from their ability of being constantly aware of what could make a bad turn. There are just as many pros as there is cons from having social anxiety, which can either benefit or limit a college students ability to succeed. On a national level, there is an organization dubbed The National Social Anxiety Center (NSAC) that provides services to treat those with SAD. In this organization, they provide psychotherapy, a therapy that involves talking about ones mental disorder or emotions, across the United States in a multitude of regions. In psychotherapy, a strong relationship between the client and psychologist is made and work together through talking in order to resolve the issue that the client has (American Psychological Association, 2016). With NSAC, they specifically use cognitive-behavioral therapy, a type of psychotherapy. Cognitive-behavioral therapy helps an individual obtain new skills or strategies that help resolve inner-conflicts and achieve any set goal. The organization provides this therapy either individually or in groups, that both effectively help make a difference with SAD. It is a efficient way for college students to connect with those who have similar experiences with social anxiet y and obtain more knowledge on how to cope with it. Meanwhile on more local/state level, a community organization called NOSIRI Empowerment Center that helps those with social anxiety and their abilities in public speaking. It is located in Crofton and provides help to those who live in Washington DC, Maryland, Virginia and anyone who participates in their online classes. This organization helps supports ones confidence, self-esteem, and leadership skills as well through the formatting of counseling. It seems to have more variety than the national level organization and describes more in depth about their objective for each category that the person with SAD wants to improve on. Social anxiety disorder has hindered many college students in both academics and their over all wellbeing. It impacts them by limiting their ability to create strong relationships and their interaction or participation in social situations. The fear that is created from the anxiety overwhelms their cognitive abilities, leaving them to suffer the mental and physical trauma effects of long-term flight-or-fight responses. They are driven to cope with SAD through heavy drinking that leads them to become diagnosed with alcohol disorders. Not only can they become double diagnosed with alcohol disorders, but health or other mental disorders too, such as depression and body dysmorphic disorder. Despite the large negatives, their social anxiety helps provide them with empathetic abilities, leadership skills, and a constant mind of awareness. Organizations such as NSAC and NOSIRI provide strong support systems for those who suffer from SAD. It is very efficient for college students because not only do they get a variety of therapies, they are able get quality take away methods in coping and meet others who also have SAD. A suggestion to help aid those who have social anxiety is to give them supportive and encouraging words, to coax them out from SAD symptoms while out in social events. More support groups should be available on the college students campuses so they have somewhere to go if they begin to experience their anxiety symptoms, or if they need someone to talk to about it. Meanwhile, a suggestion to help prevent it is to expose both children and adolescents with positive and optimistic views that will help raise their self confidences. Exposure to social interactions and public speaking will help prevent the possibility of SAD developing when prevention occurs during their youth. In whole, SAD can be prevented with early prevention and has the potential to be coped with safely if given the right treatment methods. Even though SAD is shown to negatively impact a c ollege students well being and academics, they have their ways to over come the symptoms and triumph to the top.

How Violent Video Games Negatively Impacts The Developing...

How Violence in Video Games Negatively Impacts the Developing Child Haley Frost Westview High School The topic of violence in video games has been a highly controversial conversation for many years. According to a 2010 Kaiser Family Foundation study, 10 hours and 45 minutes on average are spent per day using technology among all 8- to 18-year-olds, which is over a 2 hour increase over the past five years (Rideout et al, 2010, 2). Exposure to violent video games is significantly linked to increases in aggressive behavior, aggressive cognition, and delinquency and decreases in prosocial and helping behavior (Anderson, 2004, 118), consistent with the General Affective Aggression Model. This model predicts the short and long term effects of violent video games on aggressive behavior. Many experiments have proven this, though there are some researchers who think that the results may be flawed and that the research needs to be corrected. Video game violence controversy dates back to archaic games like Space Invaders and Pac-man, as the object of these games was essentially to kill. The real debates, though, began in 1993 when games like Mortal Kombat and Night Trap were released. In Mortal Kombat, the player is engaged in a street fight with an opponent and at the end if the latter has been brutally weakened, the player is given the reward of â€Å"Fatality†. This reward involves heinous acts that range from setting the opponent on fire until his skeleton is visible orShow MoreRelatedHow Violent Video Games Negatively Impacts The Developing Child2061 Words   |  9 Pages How Violence in Video Games Negatively Impacts the Developing Child Haley Frost Westview High School The topic of violence in video games has been a highly controversial conversation for many years. 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