Health Care Human Resources Management - 1315 Words

Running head: Health Care Management ` Assignment 1: Health Care Human Resources Management Policia Williams Dr. Jo-Rene Queensberry HSA 530: Human Resources Management in Health Care July 21, 2013 1. Analyze two (2) current trends in health care that are affecting human resources management that may likely impact your hiring decision as HR manager. Provide support for your analysis. Two trends in health care affecting human resources management that may likely impact your hiring decision as an HR manager are recruitment and retention and technological change. Recruitment and retention of the appropriate staff who meet the job requirements is very important. Currently as we know, there is a shortage of qualified†¦show more content†¦2. Suggest a significant opportunity for HR to become more of a strategic partner within an organization. Justify your response. In any organization it is important for HR to touch all levels of the organization and to understand the organization’s environment. An organization who values their employees cannot afford having a human resources department that does not function in a strategic partner role. Human resources professionals, in organizations are equipped with the knowledge, skills and abilities to work with talented senior leaders in an organization. They have the ability to successfully partner with eac h department within an organization to understand the overall business. HR professional can assist in designing strategic plans to balance the needs of the organization, the employees and the stakeholders. HR can help align efforts of the various functions within the organization with the established goals. They can support the organization’s functions by recruiting, developing and retaining company team members who are crucial. HR should be the driver of the organization’s values. They must not only focus on internal tasks but must step outside the box and fully understand the organization as a whole, how it operates, the competition and what could influence the organizations progress. They must be able to handle change, perform environmental scanning, understand outsourcing and processesShow MoreRelatedHealth Care Human Resource Management1546 Words   |  7 PagesHealth Care Human Resources Management â€Æ' It used to be that human resource was only thought of as the department who hires employees and safe keeps the clerical part of the organization. Human Resource is much more involved in the entire structure of the organization then just the clerical part of it. Human Resource Management (HRM) is the term used to describe formal systems devised for the management of people within an organization. The HRM department is responsible for three majorRead MoreHuman Resource Management Health Care Paper890 Words   |  4 PagesHuman Resource Management in Health Care Organizations Cheree Kofa Professor Cole HSA-320 01/25/2011 1. Which of the HR models appears most appropriate for managing personnel in a health care organization? Why? The Counseling Model is the most appropriate model to employ in health care organization, under this model, HR is the advocate for the employees, provides resources to managers for people problems to help resolve disputes. This is important in health care organization, becauseRead MoreHuman Resource Management: Health Care Organization1812 Words   |  7 PagesHuman resource management in a health care organization Introduction Managing human resources helps health care organizations to be effective. Human resource management (HRM) functions involve the recruitment, placement, evaluation, compensation and development of the employees of an organization. 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To Use or Not to Use Singlish “Aiyah! so Headache!” Free Essays

Victoria University of Wellington School of Linguistics and Applied Languages Studies WRIT 101 – Writing English Assignment 2 – Persuasion Due Date: 20 September 2004 Name of Student: Chor Teck Daryl Toy To Use or Not To Use Singlish â€Å"Aiyah! So Headache! † + In recent years, there has been much concern on how Singaporeans use English. While some consider Singapore Colloquial English or Singlish as an undeniable part of being a Singaporean, others including the Government, deem it inferior, even condemn it, and support the use of Singapore Standard English almost relentlessly (Tan 2002). I shall attempt to address the following question, â€Å"Should Singlish be accepted and used or be abandoned? † I believe we need to use both Singlish and Standard English in order to be effective life-long communicators. We will write a custom essay sample on To Use or Not to Use Singlish â€Å"Aiyah! so Headache!† or any similar topic only for you Order Now We shall look into this argument in the context of education, the sociolinguistic understanding of diglossia and code-switching, and the role of teachers in guiding students in the language acquisition process. Firstly, let us look at the development of English that eventually led to this language controversy in Singapore. English is one of the four official languages recognised in Singapore. It is the language medium used in education, in administration, and in the workforce, and is often used at home nowadays, along with the other ‘mother tongues’. Some, especially the younger families, have adopted English as their first language. Out of this multi-lingual background comes Singlish, which blends English with the other local languages, accents, dialects and slang. Singlish is used in informal ccasions, especially among children, adolescents, and the less-educated. If we were to spend some time mingling with Singaporeans and listening to the way we converse with each other, we may catch colloquial phrases like, â€Å"Why you so like dat? † â€Å"Eeee! You so kiasu one! † â€Å"Dun play-play with me! † â€Å"Do your work lah! † Such familiar terms can also be detected in local television programmes, like Under One Roof and Phua Chu Kang Pte Ltd, and in local fil ms, like Army Daze, Money No Enough and I Not Stupid. Indeed, Singlish has become an unofficial Singaporean icon, which I think, our friends from other countries can use to identify and differentiate who we are from other Asians! While Singlish is widely used in Singapore, it is often treated with disgust, even disdain and aversion, especially by the highly-educated and ‘language-purity’ advocates. Singlish is viewed as an embarrassing reflection of Singaporeans being ‘uncouth’ and ‘uneducated’, as contrast with Standard English. As former Prime Minister Goh Chok Tong once commented, â€Å"Poor English reflects badly on us †¦ and makes us seem less intelligent or competent. (Tan 2002) As Singlish is seen as ‘poor English’, attempts, such as the government-supported â€Å"Speak Good English Movement†, are set to propagate the proper use of the language among Singaporeans, mainly through the education system. Despite the various efforts made in condemning and even banning th e use of Singlish in Singapore, there is no denying that using this locally-conceived language is very much a part of being a true-blue Singaporean. We use it in our daily lives with our families, friends and even at work in our conversations. Linguists have noted that most children in Singapore would acquire Singlish first from their homes or in kindergartens, rather than Standard English (Gupta 2001, Deterding 1998). In some studies conducted on language acquisition, it is observed that adults used the low variety of a language to communicate with their children, who in turn use it to communicate with their peers (Ferguson 1959). In accordance to the language phenomenon of diglossia, it is argued that children would acquire language initially through its non-standard, colloquial, low variety, before learning its standard high variety through formal education. In line with the view mentioned above, some might feel that a little dose of Singlish used sometimes in the formal language acquisition process can help relax the already tense and stressful study atmosphere. Surely it would provide some lighter and humorous moments to the classroom. During my teaching stint in the primary school, I remember that my students would listen amusingly to my teaching, and appreciate my efforts in explaining complex terms with some occasional ‘lahs’ and ‘lehs’. Students, especially those yet to be competent enough to communicate in English, would find it easier to use a bit of Singlish to speak up in class at the initial stage of their learning. After all, don’t most students sometimes find it daunting to use the language they are learning, with an almost gripping fear of being ridiculed for their errors? Surely they would choose to approach the language through its low variety first, before working their way towards the high. Allowing them to use Singlish as a basis might help to create a safe environment for our students to eventually acquire Standard English in their language learning experience. However, as an English language teacher, I do advocate the need to use Standard English as part of our linguistic repertoire, since it is the language of administration, economy, and communication in Singapore, and a channel to communicate with other countries. As teachers, while we teach Standard English with its different genre, conventions, functions and its importance, we should gradually encourage our students to use the language in their lives. Nevertheless, we should bear in mind in our teaching our students’ linguistic background, which includes Singlish. Therefore, I suggest that we should use the sociolinguistic understanding of diglossia and code-switching in the language teaching and learning process. We, as parents and teachers, want our children and students to learn to communicate effectively as they grow. Therefore, we should teach them to identify and realise for themselves the different domains in which they have to switch between using Singlish and Standard English. We can do so through the means of modelling, conducting observations and discussions, to help them to differentiate the occasions for using Standard English or Singlish, and the various reasons for switching between these two varieties of language. For example, we use Standard English in answering questions, in writing, in presentations, and in sitting for examinations or tests, so as to get good grades as the examiners are able to comprehend what we present in our answers, and be convinced of our competency in acquiring the standard language. We also use Standard English as an essential tool to learn more about the world we live in. However, we use Singlish instead, when conversing with our family members and friends, ordering food from hawkers, and especially when idly chatting among ourselves. We would be seen as being ‘snooty’ or ‘distant’ if Standard English is used for these informal occasions. Using Singlish is also a way to make us feel at home with other Singaporeans, both local and overseas. In making such references to their prior knowledge and authentic life experiences, we help our students to realise how to switch between Singlish and Standard English according to the different domains. Thus, students can learn to be effective ‘language-variety-switchers’, and in turn feel proud of their Singaporean linguistic repertoire (Deterding 1998). To conclude, while we acknowledge the ‘popular’ use of Singlish among our students and Singaporeans, the use of Standard English should be strongly advocated as well. Singaporeans must realise the importance of learning Standard English, so as to be able to exercise our language repertoire confidently as effective life-long communicators. Indeed, the mastery of Standard English, together with the use of Singlish and our mother tongues, should imbue in us a sense of pride for our unique Singaporean language heritage. To Use or Not To Use Singlish â€Å"Aiyah! † â€Å"Headache so much for wat?! † â€Å"Use BOTH Singlish and Standard English lor! † Word Count: 1225 words References: Deterding, David 1998. Approaches to Diglossia in the Classroom: The Middle Way. REACT 2 (November), 18-23. Ferguson, Charles A. 1959. Diglossia. In Dell Hymes (ed. ) 1964. Language in Culture and Society. NY: Harcourt. 429 – 439. Holmes, Janet 2001. (2nd ed. An Introduction to Sociolinguistics. London: Longman. 27 – 34. Expat Singapore Pte. Ltd. Language – Singlish http://www. expatsingapore. com/general/language. htm (13 March 2001) Gupta, Anthea Fraser 2001. Linguistic Ecology of Singapore. Paper given at GNEL/MAVEN Conference â€Å"The Cultural Politics of English as a World Language† Freib urg, 6-9 June. Gupta, Anthea Fraser. Language Varieties – Singapore Colloquial English (Singlish) http://www. une. edu. au/langnet/singlish. htm (8 April 2004) Tan, Hwee Hwee 2002. A War of Words Over ‘Singlish’, TIME Asia 160 (29 July), 3 How to cite To Use or Not to Use Singlish â€Å"Aiyah! so Headache!†, Essay examples

Legal Rules of Consideration free essay sample

Legal rules as to consideration: 1) Consideration must move at the desire of the promisor: the act done or loss suffered by the promise must have been done or suffered at the desire or request of the promisor. The act done at the desire of a third party or without the desire of the promisor cannot be a good consideration. It is not necessary that the promisor himself should be benefited by the acts of the promise. The benefit may be intended for a third party. But the desire or request of the promisor is essential. Example: A sees B’s house on fire and helps in extinguishing it. B did not ask for A’s help. A cannot demand payment for his service. 2) Consideration may more from the promisee or any other person: consideration can be given or supplied by the promise or any other person who is not a party to the contract. As long as there is a consideration it is not important who has given it. Therefore, a stranger to consideration can sue on a contract provided he is not a stranger to contract. This is known as the â€Å"doctrine of constructive consideration†. 3) Consideration may be past, present or future: consideration may be past, present or future. But according to English law, consideration may be present or future but never past. 4) Consideration need not be adequate: consideration need not be adequate to the promise, but it must be of some value in the eye of law. So long as consideration exists, the courts are not concerned as to its adequacy. Provided it is of some value. The adequacy of the consideration is of the parties to consider at the time of making the agreement. However, the inadequacy of the consideration may be taken into account by the court in determining the question whether the consent of the promisor was freely given.This is because inadequacy may suggest fraud, mistake or coercion etc. Example: Ali agrees to sell a car worth $2,000 for $200. Ali’s consent to the agreement was freely given. The agreement is a contract not withstanding the inadequacy of consideration. 5) Consideration must be real and not illusory: Although consideration need not be adequate, it must be real, competent and of some value in the eyes of the law. Real consideration is one which is not physically or legally impossible. If the consideration is physically impossible, vague or legally impossible, the contract cannot be enforced. ) Consideration must be lawful. The consideration for an agreement must be lawful. An agreement is valid if it is based on unlawful consideration. Consideration is unlawful: a) if it s forbidden by law or b) if of such a natural that if permitted it would defeat the provisions of nay law, or c) is fraudulent, or d) involves injury to the person or property of another, e) court regards it as immoral or opposed to public policy Example: I ) A promises to maintain B’s child and B promises to A $ 2000 yearly for the purpose. Here, the promise of each party is the consideration for the promise of the other party.These are lawful considerations. II ) A promises to obtain for B, an employment in the public services, and B promises to pay $ 800 to A. the agreement is void as the consideration for it is unlawful. 7) Consideration may be an act or abstinence or promise: Consideration may be a promise to do something or not to do something. So it may be either positive or Subject: BUSINESS LAW LECTURER: YUSUF O. GARAS ADMAS UNIVERSITY COLLEGE HARGEISA-MAIN CAMPUS negative. Consideration need not always be doing some act. It can be not doing an act also. ) Consideration must be something which the promisor is not already bound to do: a promise to do what one is already bound to do, either by general law or under an existing contract, is not a good consideration for a new promise. There will be no detriment to the promise or benefit to the promisor over and above their existing rights or obligations. Similarly, a promise to perform a public duty by a public servant is not a good consideration. Example: A promises to pay $ 200 to police officer for investigation into a crime. This promise is without consideration because the police officer is already bound to do so by law.Exceptions: There are, however, certain exceptions to the rule that past consideration is no consideration. Under the exceptions, past consideration is as good as present or future consideration. The exceptions are as follows: 1) Services rendered at the request of the promisor. When the consideration consists of services rendered at the request of the promisor, it is a good consideration. The request may be either express or implied. 2) Promise to pay a time-barred debt: where a debt is bound by limitation, the debtor can waive the benefit of that plea and promise to discharge the debt.Such a promise is enforceable. A time-barred debt can be taken as valid consideration for a subsequent promise. 3) Negotiable instrument: where a negotiable instruments is given in consideration of some past act, that past act will form as a good consideration for the issue of the negotiable instrument and the party who gets the instrument can validly enforce it. Unreal Considerations: in the following cases, the consideration is not legal because of physical or legal impossibility or uncertainty. The following are not real considerations. ) Physical impossibility: if a person agrees to perform an impossible act for a consideration, the promise is not enforceable. The promise is unreal. Discovering treasure by magic or making two parallel straight lines meet or putting life back into a dead body cannot be enforced as promises because of impossibility. 2) Legal impossibility: whenever the performance of a promise is legally impossible, consideration is not real. 3) Uncertain consideration: consideration is not real and is not enforceable if it is uncertain or ambiguous. Examples: A engages B for doing a certain work and promises to pay a â€Å"reasonable sum†.There is no recognized method of ascertaining the â€Å"reasonable† remuneration. The promise is not enforceable as it is uncertain. 4) Illusory consideration: an illusory consideration is not real and is unenforceable. Example: A promises to give B one ton of gold brought from the sun. the consideration is sham and illusory. 5) Pre-existing legal obligations: A promise to do what one is already bound to do, either by general law or under an existing contract, is not a good consideration for a new promise. Similarly, a promise to perform a public duty by a public servant is not a consideration.Real or Good Consideration: The following are good real or considerations: 1) Forbearance to sue: forbearance to sue is a kin of abstinence. It means a person who has a right of action against another person refrains from bringing the action. Forbearance to sue may be forever or for a short or limited time. Forbearance to sue at the desire of the debtor is a good consideration. Example: A has a right to sue his debtor B for $5000. But he postpones suing as B agreed to pay $ 2000 more. Such forbearance is a valuable consideration for the promise of B. 2) Compromise of a disputed claim: Compromise is a kind of forbearance. The compromise of a disputed claim is a good consideration for the fresh agreement of compromise. Example: A sues to recover a debt of $2000 from B. B denies the whole debt and promises to pay $500 to A as a sort of compromise. This compromise of B is supported by consideration and is valid. 3) Composition with Creditors: A person who is not in a position to pay his debts fully may call a meeting of his creditors and request them to accept a lesser amount. If the creditors and request them to accept a lesser amount. If the creditors agree to it, the agreement is binding upon the debtor and creditors.

Merchant Of Venice Shylock The Antagonist Essays - Orientalism

Merchant Of Venice: Shylock the Antagonist? In The Merchant of Venice, by William Shakespeare, there appears Shylock. He is a Jew, that much we are told in the cast list. But, as the play unfolds Shylock is seen to be the villian. He is protrayed as being cold, unbending, and evil. But is he? Is Shylock really the antagonist in this play or can he also be viewed as persecuted individual who resorts to revenge only after he has been pushed too far. To fully understand the character of Shylock we must first look at Elizabeathen attitudes towards Jews. In the sixteenth century Jews were rarely if ever seen in England. In the Middle Ages Jews had fled to England to escape persecution in France under the Normans. They were granted charter in England by Henry I in return for a percentage of their profits from trade and moneylending. It is here that the stereotype of Jews lending money was started. Because of the tariffs placed on them by the crown Jews took to charging high interest rates to secure profits for themselves. Here we see echos of Shylock with his usury. Finally the Jews were ordered out of England in 1254 by Edward I. They did not return to England until the later half of the seventeenth century. (Lippman 3-4) Jews were also viewed as devils by Elizabeathan audiences. Old stories portrayed them as "blood- thirsty murders" that poisoned wells and killed Christian children for their bizarre Passover ritu! als. (Stirling 2:1) These were the stereotypes which Shakespeare's audience held in regard to Jews. Shakespeare himself had never seen a Jew but he goes to great lengths to humanize Shylock even while perpetuating the stereotype. In Act 1:3, before Shylock ever says a word to Antonio, he lets the audience know in an aside that he hates Antonio. He hates him for having hindered him in business and for having humiliated him in public by spitting on him and calling him names such as "dog" and "cutthroat Jew". Shylock tells the audience he hopes to exact revenge on Antonio both for his own humiliation and for the persecution that the Jews have long suffered at the hands of the Christians. I hate him for he is a Christian;. . . If I can catch him once upon the hip, I will feed fat the ancient grudge I bear him.He hates our sacred nation . . . Curs?d be my tribe if I forgive him (I,iii,40-49) Shylock then tells Antonio that he wants to be friends with him and will conclude the bond for a pound of flesh as a "merry sport." In the second act, however, he still seems to bear a deep grudge against the Christians, for he tells Jessica that he is going in hate and not in friendship to dine with them. "But yet I'll go in hate to feed upon the prodigal Christian. . . .I am right loath to go." (II,v,14-16) After Jessica's elopment, Shylock suspects Bassanio and Antonio of abetting her escape, and this suspicion increases Shylock's animosity toward Antonio. We learn later in the play that Antonio has personally rescued a number of debtors from Shylock's bonds when Antonio says "I oft delievered from his forfeitures; Many that have made moan to me." (III,iii,23-24) We also discover that Shylock cannot or will not explain his reasons for demanding Antonio's flesh. "But say it is my humor," is all the reason he is able to show. The sum of Shylock's motives for hatred is gi! ven in the rarely quoted lines b efore the famous "Hath not a Jew eyes": "He hath disgraced me, and hind'red me half a million; laughed at my losses, mocked at my gains, thwarted my bargains, cooled my friends, heated mine enemies_and what's his reason? I am a Jew." (III,i,49-54) (Lippman 2) Shylock himself is an alien in a society geared towards Christians. His clothes, customs and race make him an object of scorn in Venetian society. We as a modern audience are bound to feel some sympathy for him. When Jessica runs away from home we realized that Shylock's most trusted prop has failed him, he placed absolute confidence in his daughter with his house and wealth. The fact that he cries out for his ducats as well as his daughter should not obscure the sense of keen personal loss he feels. " I say my daughter is my own flesh and blood." (III,i,34) We also see this when Tubal tells Shylock that Jessica has traded one of his rings for a monkey. Shylock's lamentation for his

Farenhiet 451 Essays - Marshmallow, Sugar Confectionery, Flame

Farenhiet 451 Essays - Marshmallow, Sugar Confectionery, Flame Farenhiet 451 IT was a special pleasure to see things eaten, to see things blackened and changed. With the brass nozzle in his fists, with this great python spitting its venomous kerosene upon the world, the blood pounded in his head, and his hands were the hands of some amazing conductor playing all the symphonies of blazing and burning to bring down the tatters and charcoal ruins of history. With his symbolic helmet numbered 451 on 5 his stolid head, and his eyes all orange flame with the thought of what came next, he flicked the igniter and the house jumped up in a gorging fire that burned the evening sky red and yellow and black. He strode in a swarm of fireflies. He wanted above all, like the old joke, to shove a marshmallow on a stick in the furnace, while the flapping pigeon-winged books died on the porch and lawn of the house. While the books went up in sparkling whirls and blew away on a wind turned dark with burning. 10 Montag grinned the fierce grin of all men singed and driven back by flame. He knew that when he returned to the firehouse, he might wink at himself, a minstrel man, burnt-corked, in the mirror. Later, going to sleep, he would feel the fiery smile still gripped by his face muscles, in the dark. It never went away, that. smile, it never ever went away, as long as he remembered.

Cross Cultural Management. Importance of Value Essay

Cross Cultural Management. Importance of Value - Essay Example Cross cultural management refers to a mechanism formulated to train people regarding the variations of practices, preferences, and culture in global business. With the lapse of time, diversity in practices, cultures, and preferences of consumers increase substantially, thereby increasing the need to bridge the communication gap by implementing cross cultural management. In management, cultural differences refer to varying taste, preferences, culture, likes and dislikes, ways of communications, norms, values, and beliefs of every culture. The objective of this paper is to examine the cultural variations in the light of scholarly articles as mentioned in two renowned models. An extensive study of Hofstede and Schwarts model will be done followed by a criticism of Hofstede model. These two models can be viewed in terms of how the business managers react to cross cultural management. The business managers face various sorts of cultural issues while performing their tasks e.g. workforce d iversity, language barriers, religious issues etc. Under these circumstances, it is highly effective for the business managers to understand these two cross cultural models and incorporate their effects in their organizational context. Importance of Value Hofstede and Schwartz have studies cross cultural values and their findings are in the subsequent parts of this section in order to gain acquaintance with importance of value and varying values in different culture. Hofstede Model Hofstede (1993) stated that when management theorists embark to other parts of the world, outside their own country, they encounter strange customers, beings, theories, organizing and disorganizing, immoral or old-fashioned ways of doing things. Some of them work but some of them fail to work. After gaining this experience, the traveler comes to home country and can use this experience advantageously. The purpose of the study of Hofstede (1993) was that all great ideas relating to management, politics, or science, have come from different parts of the world and have been enhanced by foreign influences. Hofstede (1993) examined the context of management from different parts of the world. Hofsetde (1993) reviewed the managerial culture of countries like Japan, France, China, Holland, Russia, Germany, Malaysia, Thailand, Taiwan, Singapore, and Hong Kong. Hofstede (1993) stated that management is what is common among all countries but its context and meaning differ to a smaller or a larger extent from country to country. Hofstede (1993) further stated that it requires considerable cultural insight to understand the philosophies, processes, and problems. Further arguing, Hofstede (1993) stated that if management is such a broad word and it means so many varying things, then it cannot be expected that management theories of one country will be applicable to abroad as well. Management is related to government, politics, and school. It is present in beliefs and religion about science. Manag ement theories are interdisciplinary but as soon as national boundaries are crossed, it becomes more interdisciplinary. By stating so, Hofstede (1993) divided cultural difference into five dimensions. i. Power distance; inequality among people that is considered as normal among people ii. Individualism vs. collectivism; degree to which people of a country tend to act as individuals instead of a members of a group iii. Masculinity vs. femininity; where tough values like performance, assertiveness, success prevail over gentle values such warm relation, care, quality of life. iv. Uncertainty avoidance; people preferring planned situation over unstructured ones. v. Long-term orientation vs. short-term orientation; long-term refers to values

Management Dissertation Proposal Proforma Research

Management Dissertation Proforma - Research Proposal Example Yes Degree Programme: MBA in Finance & Accounting Specialization Track: General _______ Finance ---X--- Marketing_______ [Please check as appropriate] Other___________________ (please specify) DATE: January 10, 2012Aims of dissertation Background of the research Financial markets across the world have been reporting increasing integration within the as well as across different boundaries. There are several factors that have drastically grown the financial markets in the last decades particularly in the developing countries and some of these factors are globalization, deregulation and advancement in technology (Abraham, Seyyed, and Al-Elg, 2001). Financial markets around the world are not uniform and this is the reason why an investor is able to make more profits then he should have by capitalizing on the opportunity created because of differences in prices (Masih, and Masih, 2002). Gain of one investor would result in the loss of another. However, if these markets are integrated and made uniform then an investor would not be able to make such gains (Stulz, 1981). With the passage of time, financial markets around the world have being integrated among themselves. The term market integration is referred to as a market where there are no obstacles for investors like legal restrictions, taxes, transaction costs etc (Solink, 1974). There are several advantages or benefits for integration among stock market and this is the reason why investors, financial analysts as well as policy markets have been paying considerable attention towards this subject. Some of the most important advantages of market integration are that investors investing in different parts of the world would expect the same amount of return from the investment as arbitrage opportunities would not exist. Also as the expected return would be the same therefore if an investor would like to earn higher return then it would have to take more risk and thus reward to risk ratio would be balanced. Also becaus e of market integration, the overall economy becomes more stabilized. It also encourages more people to make investment as there would be fewer chances of loss of investment as the overall productivity of the country would improve. If the Kuwait market is integrated with the global financial market, then the overall productivity and efficiency of the country would improve and more investment opportunities would emerge in the country. Also this would encourage more local business as well as foreign investors to invest in this market thus the GDP of the country would improve. These are the most important benefits that Kuwait market or any other market would experience if the financial market is integrated with the global market. Integration of financial market has become an important topic in today’s world as investors are able to invest in different markets in order to make the most of the opportunities prevailing in different regions (Kearney, and Lucey, 2004). Different scho lars and researchers have been focusing on this topic and considerable amount of research has already been done in order to analyze the impact of