Non-Oil Sector Stocks in Saudi Arabia Research Paper

Non-Oil Sector Stocks in Saudi Arabia - Research Paper Example Saudi Arabia has proven oil reserves of 264.52 billion barrels of oil (OPEC, 2011) and recently surpassed by Venezuela who claimed their oil reserves had risen to 269.5 billion barrels of oil. In terms of oil production, Saudi Arabia has a quota allocation of just over 30% of production among Organisation of the Petroleum Exporting Countries (OPEC) countries. The Saudi Arabian oil production in 2010 was 9.1 million barrels per day which accounted for 13% of world’s total oil production. Oil is the major driver of economic activity in Saudi Arabia. Oil-related activities accounted for 47% of the GDP in 2010 (MoF, 2011), and petroleum products exports amounted to $193 billion and accounted for 84% (by value) of total exports in Saudi Arabia (OPEC, 2011). Therefore, oil prices play a vital role in the Saudi Arabian economy. However, from the perspective of an investor or an enterprise in Saudi Arabian market, it is also important to know whether oil prices have a major role to pl ay in stock prices of non-oil sector companies too. If there is a high positive correlation between oil prices and non-oil sector stocks, an investor can use these stocks to hedge on their investments in oil. The outcome of this study could, therefore, be very useful for foreign investors and enterprises already present or planning to enter the Saudi Arabian market. Clarification of Terms and Concepts Aggregate Demand: The total demand for goods and services in an economy for a specified time period and at specific price levels is called aggregate demand. It is made up of 4 major components – consumption or consumer spending, investment, government spending and net exports. Correlation: A statistical measure that describes how two variables move together with each other. The coefficient of correlation has the value between -1 and 1. A positive value means the two variables move in the same direction simultaneously. The closer the value is to 0, the lesser relative movement th ey have. Disposable Income: The amount of money that the households in an economy have for spending and saving after taxes have been deducted from their total income. It indirectly measures the potential for consumer spending in the economy. Downstream (oil industry): The downstream activities in oil industry refer to refining and distribution of natural gas and products refined from crude oil. Exchange rates: The rate at which two currencies can be exchanged for each other. Essentially, it is the price at which one country’s currency can be exchanged for another country’s currency. Granger-Causality test: A statistical test used to measure whether the change in one variable causes a change in another variable. Granger-Causality tests relationship between two variables. This methodology is employed to test the causality of each variable for the other and establish which variable causes the change in which variable. The key principle used is that the independent variabl e is better able to predict the dependent variable than when taking only the lagged values of the dependent variable to predict it.

Should Adopted Children Be Allowed To Locate Their Biological Parents? :: essays research papers

Should Adopted Children Be Allowed To Locate Their Biological Parents?   Ã‚  Ã‚  Ã‚  Ã‚  A touchy topic these days is whether or not the option should be open for adopted children to be able to locate their biological parents. There are some many circumstances for each different case that it is hard to know where exactly I stand on this topic. Over all, I do not think that you should locate your biological parents.   Ã‚  Ã‚  Ã‚  Ã‚  There are many reasons for this. For one thing, learning information on the person who gave you up is a long drawn out process. It can be very emotionally painful, as well. For whatever reason you were given up for adoption; death, financial problems, to young, etc it ¹s private information and should remain that way. The decision was made a long time ago because it was the best one at that time.   Ã‚  Ã‚  Ã‚  Ã‚  Think about the birth parents involved. What happens after you spend a few months or more of your life trying to locate these people only to have a door shut in your face? How would you feel if that were to happen? The chances of this happening are pretty good. Yes, there are happy reunions on talk shows that turn out for the better, but that is not always the reality. These people gave up their birth rights many years ago and should not go back on that. They have moved on with their lives and might not want to be reminded what could have been. So many hurt feelings and feelings of guilt could come flying back and then put more of a burden on both of your lives.   Ã‚  Ã‚  Ã‚  Ã‚  There is another factor to think about in this situation. How is your family suppose to react to this and how are they supposed to feel? This is the loving family that took you in as there own for all these years, are they

Electronic Media Essay

Electronic media are that utilize electronics or electromechanical energy for the end user (audience) to access the content. This is in contrast to static media (mainly print media), which are most often created electronically, but don’t require electronics to be accessed by the end user in the printed form. The primary electronic media sources familiar to the general public are better known as video recordings, audio recordings, multimedia presentations, slide presentations, CD-ROM and Online Content. Most new media are in the form of digital media. However, electronic media may be in either analog or digital format. Devices such as televisions, computers and cd-roms that make information available to people. Importance In October 2003, the British humanitarian organization Christian Aid released a report that $4 billion in Iraqi funds, which had been earmarked for reconstruction of the country, had disappeared. The Coalition Provision Authority (CPA), the U.S. controlled body that ruled Iraq at the time, was relegated with handling that money. â€Å"An examination of financial records between June 2003 and October 2004 showed poor bookkeeping and investigators â€Å"found indicators of potential fraud,† the report said â€Å"At the time, the CPA vigorously denied the accusations. By June 2004, the amount of money gone missing had more than doubled from four to almost nine billion dollars. This story was reported with minimal coverage when the announcement was first released. As the investigation progressed, the story of the missing billions was reported several times during the summer months of 2004 and again in January 2005. However, it was never given prominence in any news medium. The writers at Faithful Progressive called it the â€Å"biggest and single most under-reported story of the last year†. News Media and Democracy In a democracy an informed public is of critical importance. In matters regarding the self-interests of the citizenry and of the nation as a whole, knowledge is key in making decisions regarding participation in the process of democracy. Indeed, â€Å"failing to report important news, or reporting news shallowly, inaccurately, or unfairly can leave people dangerously  uninformed†. The mass media of today has tremendous power within society. What and how information is distributed can have indelible consequences for individuals and society as a whole. As such, control of media outlets â€Å"is regarded as a valued form of property for those seeking political or economic power†. Among other sources of power, it is important to note that mass media has the ability to: â€Å"attract and directattention to problems, solutions, or people that can favor those with power; it can confer status and confirm legitimacy; it can be a channel for persuasion and mobilization (Graber, 33). This represents an incredible amount of power, and over the past twenty years or so, people have taken control over these outlets for the sole purpose of attaining both political and economic power. International In the United States, there are three twenty-four hour news networks. President Bill Clinton stated it well in a response to the question of the condition of today’s media. He stated, â€Å"The thing I worry about most is that people will have all the information in the world but won’t have any way of evaluating it†¦That’s what I consider to be the most significant challenge presented to all of you by the explosion of media outlets †¦ in the Information Age.† COMPARISON WITH PRINT MEDIA Illiteracy According to United Nations report Pakistan has 55% literacy rate. This makes it 160th country in world. Because of low literacy rate people cannot read the printed news. This gives an edge to electronic media over print media. Media of future Electronic Media has a clear edge over print media even if ‘new media’ (for eg. The Internet) is not included in it. Print media is more of a ‘habit’ with people and still caters to a sizeable population. But electronic media offers a lot of choice to the people, especially to the youth (GEN Y), the largest growing segment of our population and more importantly, has the  ability to maintain the pace at which the preferences and demands of the Gen Y changes. The shrinking readership of the print publications perhaps is testimony to the changing media consumption pattern of the people today. Although we don’t see an immediate threat to the print media, more so because it is a centuries old media, yet we believe it definitely is not the media of the future. Moreover, electronic media is visually more appealing and more effective in not only conveying a message but by virtue of being a frequency medium, is also effective in registering it, thus ensuring high brand recall amongst viewers & potential customers. For the advertisers and advertising agencies, it provides exciting opportunities to experiment with new and innovative ideas which reduces the media’s dependence on traditional source Which is best? It depends on which area you are in. In rural areas, where there is no technology, print is better, but for the urban areas, electronic media are the best. Print media was supposed to have died 10 years ago, but that has not happened. In terms of mobility and cost print media is better than electronic media. But in terms of speed, coverage and reliability, electronic media are the best. Newspaper is no longer essential, while attending the usual morning business, in the toilet. Laptop is the in thing; one can browse as many e-papers as desired. IDENTIFICATION OF THE PROBLEM New technology has many social and educational benefits but caregivers and educators have expressed concern about the dangers young people can be exposed to through these technologies. To respond to this concern, some states and school districts have, for example, established policies about the use of cell phones on school grounds and developed policies to block access to certain websites on school computers. Many teachers and caregivers have taken action individually by spot-checking websites used by young people, such as FACEBOOK, YOUTUBE. This brief focuses on the phenomena of electronic aggression: any kind of aggression perpetrated through technology—any type of harassment or bullying (teasing,telling lies, making fun of someone, making rude or mean comments, spreading rumors, or making threatening or aggressive comments) that occurs through email, a chat room,  instant messaging, a website (including blogs), or text messaging. â€Å"Youth is easily deceived, because it is quick to hope.† Aristotle The youth is getting the wrong path by the use of this E-Media. Our main aim is to protect our youth from the dangerous effects of E-Media. In E-media we will target specifically the TV media which is accessible by the whole family especially the youth. Further in youth TV is mostly watched by the women of the family. These effects are either caused intentionally or by the negligence of E-media personals. Intentional effects are either for the promotion of their channels. The E-Media personals are displaying the unethical dramas, either the stories are distracting the youth or the scenes of the drama are disturbing and unethical. They provoke the female and male relationships which are considered unethical in our society. Most of the dramas and soaps are based on love stories and relations of married women with young guys. Some TV shows are provoking aggressiveness in our youth. We will mention a program of ARY MUSIK named LIVING ON THE EDGE. This program consists of unethical, immoral and non islamic dares given to the youth of Pakistan. That is done to provoke aggressiveness and to bring our youth to the level of the unethical youths of western countries. He is trying to copy the programs like FEAR FACTOR, RHOADIES etc. Similarly the E-Media personals are provoking nudity. Either that nudity is in full form or half nudity. We use the term half nudity for the scenes in which women or men are wearing inislamic clothes. Wearing sleeveless, wearing Capri, uncovered hair, uncovered belly etc is completely inislamic. Hereby we will mention some channels that have bought the licenses of western movie channels and are showing scenes containing kisses and some other unethical scenes. Channels are ARY DIGITAL who has recently bought license of HBO. Plus there are our cable operators who are showing unethical channels at midnight and at day time. Smoking scenes also provoke the drug addiction in youth. Previously the ads of cigarettes were banned in order to decrease the percentage of people converting to addiction. But now these smoking scenes are consistently being shown in many dramas and shows. When a youngster watches  his favorite actor smoking in a TV drama and performing stunts or having lots of girlfriends because of that cigarette then that youngster follows him. Same is the case with scenes containing alcohol and beer. Violent footages are also disturbing for the youth. We see many Indian movies which are showing scenes of fights which are followed by the youngsters. Same is happening here these days all the boys are found to be fighting with each other. They think they are living in their ideal movie and they are the heroes. Wrestling and cartoons are watched by the children and they try to implement that in their real life often damaging either themselves or some other member of family. SIGNIFICANCE OF THE PROBLEM Before examining the state of the news media in today’s society, it is important to define what good reporting of news should be. Doris A. Graber, in her book Media Power in Politics, thinks it important to distinguish between news and truth. â€Å"The function of news is to signalize an event. The function of truth is to bring to light the hidden facts, to set them into relation with each other, and make a picture of reality upon which men can act† (Graber, 41). News dissemination, whether through radio broadcast, newspaper articles, or a web site posting, should perform both functions in order to truly inform. Good news can affect society in positive ways. Determined, sweepingcoverage of important topics can improve local communities, rid government of improper public officials, save lives, and so many other things. Reporting events and uncovering truths is critical for the news media to perform its function. Media is the pillar of a society. Television is a vital source from which most people receive information. News and media delegates on television have abused their powers over society through the airing of appealing news shows that misinform the public. Through literary research and experimentation, it has been proven that people’s perception of reality has been altered by the information they receive from such programs. Manipulation, misinterpretation, word arrangement, picture placement and timing are all  factors and tricks that play a major role in the case. Research, experimentation, and actual media coverage has pinpointed actual methods used for deceptive advertising. Television influences society in many ways. People are easily swayed to accept a belief that they may not normally have unless expressed on television, since many people think that everything they hear on television is true. This, however, is not always the case. It has been observed that over the past twenty to thirty years, normal social behavior, even actual life roles of men and women and media, regulatory policies have all been altered. Media has changed with time, along with quality and respectability. Many people receive and accept false information that is merely used as an attention grabber that better the show’s ratings and popularity. This involves sensationalizing a story to make it more interesting, therefore increasing the interest of the audience. People often know that these shows aim to deceive them, but still accept the information as truth. The E-media has severely damaged our youth and provided them with altered and incorrect information. Thus one whole youth of Pakistan is having incorrect information and has inaccurate knowledge which not only is damage for them but for the whole generations which are to come. Following quotes represent the significance of youth; â€Å"Youth is the trustee of prosperity.

Application of Act-Utilitarianism in Whistle-blowing Free Essay Example, 1500 words

Every company or business normally desires honesty from its employees. The presence of sincerity allows for absolute dedication to the mission and success of an organization. By encouraging the culture of whistleblowing, an organization ensures the promotion of a transparent structure and efficient, clear communication. More notably, whistleblowing can help protect the clients of an organization. For instance, if a healthcare unit employs many negligent staff members, staff members would need to present such issues to the health care unit s attention, thereby protecting the unit from severe mishaps resulting in client s demise or possible lawsuits. Whistleblowing, however, can challenge trust; can lead to trust breakdown (Lewis, 46). Organizations normally have a preference that employees use systems of internal communication when they are uncomfortable with actions taking place in their departments or the organization. This offers an organization an opportunity to monitor itself wi thin before the worker decides to go somewhere else. If trust breaks between employees and managers, tension and efficient operational relationships amid employees become difficult. Additionally, whistleblowers may face resentment and hostility from superiors and peers. Despite the fact that the government provides protection to whistleblowers, they may still face resentment from their colleagues. We will write a custom essay sample on Application of Act-Utilitarianism in Whistle-blowing or any topic specifically for you Only $17.96 $11.86/page The ethical theory can therefore apply to the context of whistleblowing.

Theatre As A Form Of Theatre - 1000 Words

Theatre and live performance can serve so many purposes and one of them is to globally entertain the audience and to shape the society through the lessons learnt from a performance or play. Theatre exists because we are mimetic and communal beings, we seek order, finally we enjoy and need entertainment. Theatre as a form of entertainment is extremely popular all over the world, and it has been designed to hold audience’s attention for a long time, it has been the primary form of public entertainment way before the advent of radio and movies (Foreman). Live performances are known to get audience off their seats due to excitement and it can also change one’s mood from bad to good or vice versa. Examples of theatre as a form of entertainment†¦show more content†¦This play has been revived many times since its premiere(Cruttwell). The Role of the audience when it comes to theatric entertainment can be affected by the genre of the play, space of the theatre, sitting arrangement and demographics. It is up to the audience to make a performance better due to different reactions like echoing (being loud), laughter, standing ovation and gasping. Another great importance of theatre is the way it shapes the society. Firstly, theatre brings people together as a community, Greek theatre is a good example of this, especially during the festival of Dionysus, where the audience for plays would be over 1000 people. This gives the community something to talk about therefore bringing people together. Theatre can also be of importance because of the sense of identity it brings people, Theater, being such an ancient art, has become part of the cultural heritage of many cultures. Peking Opera, Bunraku, Noh are all specific to a culture and form a part of the identity of the people who belong to these cultures. Theatre being used as an instrument for change is also important, nowadays, social media and video are probably a more effective tool to effect change in society, but there is no media that can cause a bigger impact than theater. Watching a live performance is much more likely to compel you to act for change. The work of theorists like Bertolt Brecht and Augusto Boal is pretty much completely based on this idea.Show MoreRelatedTheatre As A Form Of Entertainment1460 Words   |  6 PagesTheatre is the activity or profession of acting in, producing, directing, or writing plays. Theatre is where playwrights produce plays, directors manage rehearsals and actors enact on stage. The coming together of all those components make up theatre, but there’s also a small piece missing. Theatre is complete when an audience comes together to experience the play. Theatre to many people is a form of entertainment. 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Noh plays on performed on a square platform supported on pillars, covered with a temple-like roof, open to the audience onRead MoreThe Opposition Of Theatre As An Art Form That Has Been Revered By All Civilizations999 Words   |  4 PagesOpposition to Theatre Theatre is an art form that has been revered by all civilizations. It is one of the oldest and most popular forms of art. In order to stay at the forefront of modern culture theatre has had to endure much opposition. Changing times and changing interests of the world have been reflected in theatrical advances. One of the biggest challenges facing theatre in the United States today is the challenge of funding. In a world that becomes increasingly filled with new forms of entertainmentRead MoreEarly Asian Theatre ( Indian, China, Japan )1595 Words   |  7 PagesAssignment #3- Chapter #4 Early Asian Theatre (Indian, China, Japan) 1. When did the development of theatre in India begin? The development of theatre in India began between the 2nd century BC and the 1st century AD. 2. Sanskrit is the language of what class in India? Sanskrit is the language of the Brahmin class in India, but it was also for the Noble class. 3. The Natyasastra define â€Å"rasa† as what? The Natyasastra define rasa as the emotional response the actors inspire in theRead MoreTaking a Look at Natyasastra674 Words   |  3 Pagesfor the performance. But the theatre what we are using now a days is rectangular as suggested in Natyasastra. It suggests the performance in enclosed area because in those days the attacks of demons at theatre were common but now a days the performance takes place in enclosed area due to the reason of technicalities. In enclosed area all the illusionary realistic effects can be created through lights and sounds. 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Human Resource Development Hr Leadership And Its...

Human resource (HR) leadership has always been difficult in challenging times, but the unique stressors facing organizations throughout the world today call for a new approach to HR leadership and its development. We propose a multifaceted model that redefines the role of strategic HR leadership and for understanding connections between authentic HR leadership and sustainable organizational performance. that to build enduring organizations and motivate employees to provide superior customer service and create sustainable value for their organizations, we need HR leaders who know themselves, who lead with integrity and demand conformance to higher ethical values. Human resource development which represents the latest stage in long†¦show more content†¦Human resource system design and development the role involve designing and prepare human resource management system for implementation so that human resource systems organization and action are mutually reinforce and having maximum and endurance. Organizational change consultant the role means facilitating the development and implementation of strategies for transforming organizations Primary function human resource management can divide into primary and secondary function primary functions is directly involved with obtaining, maintaining and developing employee. Primary function included human resource planning, equal employment opportunity, staffing, recruitment, and selection (Agarwala, T. (2003. Deal with Compensation and benefit, employee, labor relation health, safety and security and human resource development. Secondary function included organization, job design, performance appraisal system, and research and information system. The objective of specific human resource development activities varies greatly or improving the knowledge, skills, and attitudes of individuals, career development potent efforts intended to assist the individual through a series of career stage and the organization development effort to enhance the effectiveness of the organization. The differing objective ,in turn, often determine of organization which other aspect of the board of human resource system should be more tightly integrated with particular human

Application of psychological theories at the Queens Hospital Free Essays

string(40) " the clinical decisions affecting them\." Abstract This report analyses the application of psychological theories at the Queens Hospital where I was on placement as a Health Care Assistant. Health psychology takes into consideration the context of individuals’ lives, beliefs, behaviours and other risk factors in order to achieve the desired objectives, which in this case is to provide the best ways of attending to the patients. The hospital uses the biopsychosocial model, psychoanalytical and the task oriented approaches in offering psychological care to the patients. We will write a custom essay sample on Application of psychological theories at the Queens Hospital or any similar topic only for you Order Now All the three approaches emphasise the idea of ensuring that the patient is the centre of all actions in order to engage them as much as possible in the treatment process. Introduction Picano (2009, p. 44) suggests that in the past the medical practitioners regarded psychology and other social sciences as unimportant soft sciences in the medical profession. However this notion slowly changed as scholars started linking psychology to the well being of both physical and mental health. This paper explores the linkage between psychological theory and practice at the Queens Hospital. I worked as a health care assistant and was a vital part of the team that supported the medical staff and patients in wards and departments throughout the hospital. I had direct links to both the patients and the medical staff and as such I was able to observe the interactions between the patients and other medical staff. As the first point of contact for many patients and members of the public, healthcare assistants need to be well-presented and confident with good interpersonal skills. Some of the tasks are unpleasant and needs flexibility to able to help patients with their personal care without getting embarrassed and making sure they are comfortable. Achieving this requires application of psychological theories into practice in order to be able to offer the best care to the patients in medical settings. Psychological theories Segal Hersen (2010, p. 47) define psychology as the study of human behavior, emotions and thought processes. Psychological theories if well applied contribute greatly to understanding other people and developing functional relationships. Robins (2007, p. 28) suggests that health psychology is the application of these psychological theories and research in the promotion of evidenced based health. Nevid (2009, p. 33) claims that health psychology takes into consideration the context of individuals’ lives, beliefs, behaviours and other risk factors in order to achieve the desired objectives, which in this case is to provide the best ways of attending to the patients. It is for this reason that it is important for all healthcare personnel to have some psychological knowledge so that they can know how to attend to the patients in the best possible way. The patients come from varied social and cultural backgrounds valuing certain behaviours and beliefs over others. Walker (2007, p. 36) claims that this may place more risk or less risk of illness than the others. In this case therefore, some sociological knowledge is equally essential to the healthcare practitioners. In the same way, some knowledge of biomedical sciences is critical in the comprehension of the link between physiological and psychological process (Hefferon Boniwell, 2011, p. 67). Therefore, psychology complements these other disciplines in making important contributions to the well being of the patients. Psychology is important to health and social care because health care professionals spend most of their time interacting with the patients. An important aspect of their job is to encourage and promote the well being of the patients and those around them. Before going further into the discussion, it is important to first define the meaning of health in order to be abl e to bring out the importance of psychology to the discipline clearly. Irwin Rippe, (2008, p. 18) define health as a state of complete social, physical and mental well being and not just the absence of infirmity or disease. This is an important goal to health care professionals working in health and social care and it is the reason why they need the knowledge and skills to help them work toward their achievement. Psychological theories and research contributes to the improvement of health and social care through appreciation of other people’s feelings in order to offer them individualised care. Patterson Lipschitz (2008, p. 44) claim that health care is among the most complicated services because it faces the challenge of client diversity and need variability. Patients come to the hospital with different needs caused by many different diseases; some of them adhere to the requirements of behavioural change while others don’t. In addition to this, some patients do not even finish taking the prescribed drugs which makes the treatment proces s more difficult for the doctors and nurses. In addition to this it also faces huge pressure from other factors because the whole process occurs around beds and wards. The health care professionals operate in an abstract world and are faced by both psychological and social forces guiding them from the point of admitting the patients to administration of treatment. They attend to patients with different psychological needs and as such must be well equipped with psychological theories in order to attend to them in the best possible ways. Patterson Lipschitz (2008, p. 24) assert that while all health care issues have their own controversies and debates, at times moments of transient consensus often occur. This stems from the fact that the role of patients in medical settings have gradually changed along environmental and social lines in the western society over the years. The major changes include aspects like consistent erosion of the previously perceived omnipotence of physicians, increase acceleration of information exchange, and increased awareness of the rights of the patients. Greenberg (2007, p. 22) suggests that the prevalent situation in most hospitals today is the partnership model that is acceptable to both the providers and the patients. These patients no longer play passive roles as recipients of medical procedures but are actively involved in deciding the clinical decisions affecting them. You read "Application of psychological theories at the Queens Hospital" in category "Essay examples" Ninivaggi (201 0, p. 17) asserts that this new arrangement raises ethical issues in the determination of best interests and delegation of authority to the relevant personnel to pursue them. Psychology seeks to understand and explain why people behave in certain ways both as individuals and in groups. It does not only seek to understand and predict behaviour but also looks into ways of changing them in order to improve the quality of life. This is closely linked to what the medical practitioners do as they also seek to understand the behaviour of the patients, treat them and then direct them on healthy living practices. Medical practitioners often employ psychological theories in the dispensation of their duties because medical care has its foundations in psychology, sociology and biology (Marini, Glover-Graf, Millington, 2012, p. 30). Theory provides the medical personnel with the framework and goals for assessment, diagnosis and intervention. For instance the nurses working at the hospital focused on the aspects of care that are holistic in nature for more effective judgment of different patient situations and conditions. The goals of care helped the nurses by providing a checklist by which the services that they provide are measured against. In deed Walker (2007, p. 65) says that theory is an effective tool that renders practice more efficient through comparing the outcomes against the set goals and then providing mechanisms for rectifying problems as soon as they are detected. Application of psychological theories at the hospital As a health care assistant I was many times faced with the challenge of choosing the appropriate theory or set of theories to apply in any given circumstances. This was not an easy decision because I realised that selection of only one theory in a certain circumstance would have placed restrictions on practice and probably led to inefficiencies. It is for this reason that I relied heavily on theory adoption where I took a theory and then altered it to suit the situation where I was applying it and in other cases I had to use it alongside another one. I learned that most of the patients were going through intense stress as a result of their illnesses. Some of the patients adjusted well to their new conditions whereas others developed some form of psychological disorders secondary to their physical diseases especially for those that were unable to do basic things like going to the toilet and bathing. In addition to this, some patients also showed physical symptoms for which there is no significant medical explanations and most of them were as a result of unrecognised psychological problems. I was able to learn from the nurses and other hospital staff as I realised that they were applying psychological theories in dealing with the stressed patients. They used the biopsychosocial model to explain to me the reasons why the patients were stressed. This was a very resourceful tool in the assessment of psychological stress among the patients in the hospital. The model included both environmental parameters and personal processes of perception and being able to cope with the different stress factors at the hospital. Greenberg (2007, p. 30) claims that the effects of stress have a positive correlation to coping. Coping in this case as defined by the Lazarus theory is constantly changing both cognitive and behavioural efforts to manage the existent taxing demands of the internal or external environment (Pickren Rutherford, 2010, p. 52). The doctors and nurses encouraged dialogue with the patients because they considered it an important aspect in the management of psychological and psychiatric elements of physical ill health. Greenberg (2009, p. 67) suggests that this relationship is beneficial to both the medical team and the patients. It is very important for patients particularly for those with serious physical and psychological problems to have a more personal relationship with the nurses and doctors in order to create and sustain a therapeutic relationship for better health care delivery (Sitzman Eichelberger, 2011, p. 94). This will be helpful for the health care personnel to identify the patients that need psychological treatment in good time and offer immediate attention to help them cope with the mental problems. The doctor patient relationship is explained by two other approaches which are the psychoanalytical and the task oriented approaches (Bekerian Levey 2012, p. 31). All the approaches emphasise the idea of ensuring that the patient is the centre of all actions in order to engage them as much as possible in the treatment process. Greenberg (2007, p. 32) says that these approaches demand that for an effective treatment to be achieved there has to be an efficient partnership and information sharing between the patients and the doctors. Nevid (2012, p. 89) says that the information has to flow both ways in order to improve the clinical outcomes through cognitive (knowledge), behavioural (adherence to advice) and affective (satisfaction). Indeed the application of psychological theories at the hospital was beyond what I had imagined it will be at first. I observed that the patients were mostly able to recall more information when they were satisfied. The non cooperative patients seemed to remember less information and the hospital staff in most cases had to offer them specialised care. Good communication was also maintained among the clinicians to ensure that the information flowing to the patients was consistent in order to eliminate any possibility of conflicting information reaching the patients. This was important be cause any conflicting information would have left the patients wondering who to believe and this would have even made things worse for them. Conclusion Application of psychological theories in medical settings is an important aspect of the treatment process because the patients need to be attended to psychology as well. As indicated in the paper some patients find it difficult to cope with their new conditions in the hospital and go to the extent of developing mental disorders as a result. This is the reason why the hospital made use of psychological theories in understanding their behaviour and condition in order to be able to attend to them efficiently. This is a big lesson that I learned from my placement at the Queens Hospital and I will apply it once I start working in the hospital. I am now aware of the fact that ignoring the psychological needs of the patients places them at an increased risk of developing psychological disorders and as such will always apply psychological theories in communicating with them in order to know how they feel and the best possible ways of attending to them. References Bekerian, D. A., Levey, A. B. (2012). Applied psychology: Putting theory into practice. Oxford: Oxford University Press. Greenberg, T. M. C. (2007). 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