Analyse the Role and Use of Initial and Diagnostic Assessment in Agreeing Individual Learning Goals

Initial AssessmentAll learners are entitled to undergo a period of initial assessment. Initial assessment is the process of identifying an individual’s learning and support needs to enable the design of an individual learning plan which will provide the structure for their learning. In other words, it determines the learner’s starting point for their learning programme.Learning need are the skills, knowledge and competence which a learner needs to acquire during the course of their learning programme. Support needs are the additional help that a learner requires to enable; them to address barriers which may otherwise prevent them from fulfilling their learning programme. Initial assessment is a critical process because it represents the first stage in the learning cycle. Failure to accurately identify an individual’s learning needs may result in a learning plan and a learning programme, which does not address learning needs. The subsequent evaluation of learning and training is unlikely therefore to show any benefit to the learner. Initial assessment commences at point of entry, from the contact with the prospective leaner and continues until the point that of the individual learning plan is completed. Further learning and support needs will inevitably be identified through the review process and should be reflected in updates to individual learning plans. Initial assessment should take place over a number of days or weeks. It should not be confined to one session. The result from the initial would indicate what level of Maths and English the learner is working towards in which they are be enrolled on.DiagnosticOnce a learner has completed the initial assessment their level has been set. They will then continue to complete a diagnostic. A distinct form of measurement. Its purpose is to ascertain, prior to instruction, each student’s strengths, weaknesses, knowledge, and skills. Establishing these permits the instructor to remediate students and adjust the curriculum to meet each learner’s unique needs. Therefore, gives a more detail breakdown of what the learner would need to improve on to enable them to achieve the current level set. The student should complete a brief essay explaining why it is important to identify and meet the individual needs of learners and how to use initial and diagnostic assessment in agreeing individual learning goals. (350 words minimum).

M4A1 PART A Essay Example | Topics and Well Written Essays - 500 words

M4A1 PART A - Essay Example Schein (2010) has rightly affirmed that a common pattern of basic assumptions should be shared among the group members so that they can effectively solve the problems; when everyone has the same set of values and norms, then internal integration and external adaptation becomes easier and it has worked positively for the overall organization. The new members of an organization should be taught the same way of perceiving, thinking and feeling about the problems so that the conflicts are avoided. Hence, it is stated by Schein that an effective manager has to ensure that he/she advances in the organizational studies by observing the real behavior of the workforce which are labeled as values, assumptions and artifacts (Bohlander & Snell, 2007). According to Jung et al. (2009), Schein categorized the signals of cultures and subcultures in three stages; the first stage is known as ‘artifacts’ which are the attributes that are evident as they can be heard, felt and seen such as dressing style, communication medium, tone of voice, stories and etc. Artifacts are in the form of company’s mission, slogans, written communication mediums and slogans; all of them are easy for observation but challenging for deciphering (Cameron & Quinn, 2011). The second stage is known as ‘values’ which is slightly complicated in nature but are observable to a certain extent. For instance, during the interview process, a manager can make some judgment about the candidate’s values by observing him/her. Finally, in the third stage which is known as ‘basic assumptions’ are the most difficult ones to be observed as they are deeply embedded in the person’s behavior. They behavior becomes evident when the person starts working in the organization. Hence, all of these stages combine to define the attention aspect for the HR manager because it

DERIVATIVES MARKETS Assignment Example | Topics and Well Written Essays - 1750 words

DERIVATIVES MARKETS - Assignment Example Since the securities are listed and traded in the stock exchange, the secondary market is also called the stock market. In primary market, companies interact with investors directly while in the secondary market investors interact with themselves. In both cases, the capital market intermediaries play an important role .The secondary market, based on all available information, determines the price and risk of the issued securities, it provides useful signals to both listed companies and investors to act in the primary markets. The secondary market may also include the over the counter market and the derivatives market. In the stock market share prices are determined by the demand and supply forces. On the other hand, in the over the counter market prices are negotiated between the buyer and the seller. The derivatives market deals in futures and options. In the derivatives markets, securities or portfolios of securities are traded for future delivery. In case of options, the future de livery is conditional as the buyer has a right to exercise or not to exercise the option. The derivatives market and my proposed derivative product The emergence of new markets for derivatives such as forwards and futures can be traced back to the willingness of risk adverse economic agents to protect themselves against uncertainties occurring from price fluctuations in various asset categories. Naturally, financial markets are very volatile. Through derivative products, however, it is possible to fully or partially transfer price risks by locking in prices of assets. By doing so derivative products reduce the impact of fluctuations in prices of assets on the cash flow and profitability situation of risk averse investors (Morrison and Winston 34). The derivative instruments are in use by all business sections, for instance, corporates, SMEs, financial institutions, banks and retail investors. My motivation for this derivative is the ability to trade while conserving the environment through the hampering of the big problem of global warming which is getting worse as firms continue to produce. The trading is also focused on trading carbon credits with the aim of controlling or reducing pollutants produced from business activities of firms. Therefore, the central driver of carbon emissions trading would be the impact on the climate and the degradation of the environment as a result of emissions of various gases. The immaturity of this market of derivatives also gives hope that there is a growth potential for this business. Currently there are smaller numbers of firms that offer such certificates. An appropriate pricing model for derivatives on the carbon emission certificates is certainly the first step in coming up with the derivative there is need to investigate the price dynamics. Product Design and Specifications The proposed derivative is a futures contract. Via the American Climate Exchange (ACX) carbon derivatives will be based upon 3 types of carbon relat ed units. The following table gives an overview of my product in terms of price, quantity, unit of underlying asset, maturity date, delivery policy, margin requirement and daily settlement and transaction costs. Type Carbon Emission Derivation: futures contract Trading Units 1000 carbon dioxide EUA allowances, with each allowance allowing 1 tonne of carbon dioxide equivalent gas Minimum trading 1 lot Strike Price Intervals Quotation US dollar per metric tonne Minimum Tick $ 0.01 per tonne Minimum price flux $0.01