Open Topic Discussions

Download the following two presentations in power point and study them for the exam next Friday 11th.

STUDY THIS POWER POINT FOR THE EXAM ON FRIDAY
GOOD LUCK,
MS. YULYAN
P.S. THERE'S ANOTHER PPT. WHEN YOU GO TO MY MEDIA. YOU CAN DOWNLOAD THAT ONE ALSO

CHECK THIS POWER POINT AND TRY TO WORK THE ACTIVITIES IN PAGE 89 OF YOUR BOOKS.
GREETINGS,
MS. YULYAN

COMPULSIVE SHOPPING AND SPENDING
Published by the Institute for Addiction and Recovery

Compulsive shopping and spending is described as a pattern of chronic, repetitive purchasing that becomes difficult to stop and ultimately results in harmful consequences. It is defined as an impulse control disorder and has features similar to other addictive disorders without involving use of an intoxicating drug.
What behaviors indicate compulsive shopping and spending?
Behaviors typical of compulsive shopping and spending include the following:
• Shopping or spending money as a result of feeling disappointed, angry or scared
• Shopping or spending habits causing emotional distress in one's life
• Having arguments with others about one's shopping or spending habits
• Feeling lost without credit cards
• Buying items on credit that would not be bought with cash
• Feeling a rush of euphoria and anxiety when spending money
• Feeling guilty, ashamed, embarrassed or confused after shopping or spending money
• Lying to others about purchases made or how much money was spent
• Thinking excessively about money
• Spending a lot of time juggling accounts or bills to accommodate spending
Identification of four or more of the above behaviors indicates a possible problem with shopping or spending.
What problems are caused by compulsive shopping and spending?
Compulsive shopping or spending may result in interpersonal, occupational, family and financial problems in one's life. In many ways the consequences of this behavior are similar to that of any other addiction.
Impairment in relationships may occur as a result of excessive spending and efforts to cover up debt or purchases. Persons who engage in compulsive shopping or spending may become pre-occupied with that behavior and spend less and less time with important people in their lives. They may experience anxiety or depression as a result of the spending or shopping which may interfere with work or school performance.
Financial problems may occur if money is borrowed or there is excessive use of credit to make purchases. Often the extent of the financial damage is discovered only after the shopper or spender has accumulated a large debt that necessitates a drastic change in lifestyle to resolve. Recovery groups such as Debtors Anonymous have formed to help compulsive shoppers and spenders return to normal, appropriate patterns of buying.
What makes compulsive shopping and spending addictive?
There are many social and cultural factors that tend to increase the addictive potential of shopping and spending. The easy availability of credit and the material focus of society in general encourage people to accumulate possessions now and worry about financial responsibility later.
Society places a strong emphasis on one's outer appearance and many media personalities promote spending money to achieve a certain look that will bring about happiness. In addition, the accessibility of purchasing has been made easier with the arrival of online shopping and television programs devoted to buying goods 24 hours a day. Items can be purchased and ordered by express delivery to arrive quickly without the buyer having to leave home or personally interact with anyone else.
The shopping and spending activity itself is associated with a feeling of happiness and power which is immediately gratifying. The after effects of remorse and guilt drive the spender back to purchase again to be able to achieve that brief but intense emotional high. Research has shown that many compulsive shoppers and spenders also suffer from mood disorders, substance abuse, or eating disorders. As with any addiction, the person becomes dependent on the behavior to relieve negative feelings that cause them distress and discomfort.
Student: I decided for this reading which was more suitable for the topic we were discussing in unit 4. After reading this article, reflect on the topic and write your opinion about it. You must use 150 words or more. Enjoy the reading.

Published: April 16, 2008 in Knowledge@Wharton

The ongoing takeover battle between Microsoft and Yahoo has taken several surprising turns over the past few weeks. After rejecting Microsoft's unsolicited $44.6 billion offer in late February, Yahoo has announced a two-week ad testing program with its main search rival, Google, and has reportedly entertained a possible merger with Time Warner's AOL. Meanwhile, Microsoft was rumored to be considering News Corp. as a possible ally in acquiring Yahoo. While spectators wait for the next twist in this saga, another headline-making deal has been announced: a merger between Delta and Northwest Airlines to become the world's largest airline. Knowledge@Wharton spoke with Wharton management professor Saikat Chaudhuri and Wharton legal studies and business ethics professor Kevin Werbach to find out whether these deals make sense and for whom.

TASK

After reading the interview with professor Saikat Chaudhuti and professor Kevin Werbach write a comment giving your opinion about this two mergers.

DEAR STUDENTS - ADVANCED LEVEL

FOR THIS TASK YOU WILL HAVE TO DOWNLOAD THE THE FILE "Writing a Business Letter", read it and then download the file "Business Letter Self-Assessment Test", answer the questions and send it to my e-mail as an attachment document.

Enjoy the reading

DEBIDO A QUE YA TIENEN UNA CLASE PROGRAMADA PARA EL DIA 10 DE MAYO A LA MISMA HORA, SE HA TENIDO QUE REPROGRAMAR NUESTRA CLASE DE RECUPERACIÓN PARA EL SÁBADO 24 DE MAYO DE 4PM A 6PM EN EL AULA 103. MUCHAS GRACIAS POR SU COMPRENSIÓN.

La clase de recuperación sera el día sabado 10 de Mayo de 4pm a 6pm. dos horas despues de nuestra clase normal. Nos vemos el Sabado.