Mead's symbolic interaction theory Essay Example | Topics and Well Written Essays - 1000 words

Mead's symbolic interaction theory - Essay Example Another difference that exists between the humans and infrahumans is the communication types that are used. In the infrahuman, communication is usually gestural and takes place with an immediate effect, without being interrupted for the purpose of either assigning meaning or interpreting. Human communication, on the other hand, is meaningful and gestures have meanings assigned to them and the gestures do not call for immediate responses. There is also the essence of self. Self is the term used in referring to the reflective, conscious personality of the person (Wood 1992). Self is the entity that is envisioned by person whenever he/she tries to think about who they are. It is crucial to know that the idea of self can only be understood fully through role-taking. For a person to be able to look upon himself, he must have the capability to take over the role of another. The basic work of Herbert Mead was regarded to as symbolic interactionism. The work bore the name of Herbert Blumer, who inherited it from the famous social psychology course. The inheritance was after Mead died and then Blumer became an advocate of the symbolic interactions persistently. It would be hard for Mead to approve this label, more significantly, symbolic interactionism, since it has undergone evolution since more than sixty years ago, has seemed to lay its focus on the changes of self-more rather than either interaction or symbols, unlike what Blumer was an advocate for the reactions of people when they are interacting with others in the social settings which are governed by the conception that they possess. Gyroscope acts as a form of self serves and helps in keeping in line and consistent. Moreover, as the emphasis has been increasingly in the theory of symbolic interactionism, the motivation of individuals arises from verification of their self-sense before the eyes of others. The idea of identity

Source of Finance Essay Example | Topics and Well Written Essays - 1000 words

Source of Finance - Essay Example However interest on overdrafts is usually greater than interest on other loans and banks even charge an overdraft facility fee. The company should therefore put all these in to consideration and make sure that the benefits to be achieved from the overdraft outweigh the costs associated with taking the overdraft. Also, overdrafts do not cover all financing requirements. The company should therefore assess whether its financing requirements are long-term or short-term. If short-term, then an overdraft can be a right source of funding but if long-term then an overdraft would be an inefficient way to raise funds since the overdraft would be required on demand by the bank. If that be the case the company might go into financial distress and subsequently bankruptcy. In addition, collateral security might be needed by the bank in the form of a tangible fixed asset or against personal guarantee provided by the directors. It this case, the company should consider the nature of its fixed assets and asses which assets it can put up as collateral. Another determining factor for the overdraft is the firm's cash flows, timing and receipts of payments, sales trends and other cash flows. By carefully analysing all these information the company would be able to arrive at a better conclusion as to whether to engage in the overdraft or not and if the answer is yes, the amount and when the overdraft is to be repaid. Before engaging in an overdraft, therefore, the company has to carefully study the costs of the overdrafts and benefits from the investment it wants to finance with the overdraft. Should the costs outweigh the benefits then it should not engage in the overdraft. However it should engage in the overdraft facility only if the benefits substantially exceed costs. (http://www.tutor2u.net/business/finance/finance_overdraft.htm). Existing shareholders The company can also raise the much needed 10000-euro through equity finance Finance raised from shareholders in the form of ordinary shares and reserves, as opposed to non-equity and to borrowing. (John and Nicolas, 2005) Handy Andy's corner shop can also raise its 10,000euro by making contact with a business angel.