Policing Essay Example | Topics and Well Written Essays - 1500 words - 1

Policing - Essay Example The agents who have the first contact with the caller should perform a basic risk assessment and find any vulnerability before verifying whether the matter is an incident or inquiry and attempt to resolve the caller’s needs. The staff should ask questions to the caller for an effective assessment of the risk (Deal 2010, p.18). Assessment, identification and prioritization of the risks are involved for effective risk management with the onus of the dispatcher in order to take the recommendable initial response. After taking the initial risk assessment, the incident is then graded on whether it requires emergency or non-emergency response (Deal 2010, p.23). An emergency response includes situations where the reported incident is taking place, and there is or likely to be a danger to life, instant threat of using violence, serious injuries to a person or solemn damage to property. The maximum time required for the police to arrive for the emergency response in urban areas is within 15 minutes while in rural areas is within 20 minutes. The police rely on the first hand information given by the call handler for the direction to the scene where the incident has occurred. For a non-emergency incident, the immediate police response is not required and encompasses many solutions for which officer’s attendance is not required.

How Has the Introduction of the Computers And IT to Markets Changed Research Paper

How Has the Introduction of the Computers And IT to Markets Changed the Way Stocks And Bonds Trade - Research Paper Example Computer technology and internet has changed the dynamics of global financial markets and this will be explained in great detail. Information technology has increased the dissemination of information and this has contributed to the growth of financial sector all over the world. Information technology has also made financial markets of the world integrated. The study will help identify possible effects of development of information technology and computer on the financial markets, specifically on bond trading and stock trading. Research Question Information technology has brought many changes in our daily life. The financial markets all over the world are now in the reach of normal investors which was previously not possible. But this is just one effect of information technology and computers on financial markets. In order to better understand how computers and internet have revolutionized stock and bond trading the more aftereffects of information technology should be identified. Res earch question we would want to answer through this study is given below: Question: How has the introduction of the computers and IT to markets changed the way stocks and bonds trade? Literature Review Financial markets started to grow rapidly in the 1980s when financial liberalization became the norm. Countries like United States started to liberate their financial sectors and deregulation started in the financial markets. Private firms and investment houses were given freedom to come up with newer products and offer investment option to normal investors. Financial liberalization focused on deregulation of financial markets where central bank’s role was just to control inflation. This was the time of significant growth in the financial markets and investment firms... The author stresses that the results of the study have identified changes that information technology and internet has brought to trading of stocks and bonds. Information technology has increased volumes and volatility, has increased global integration, has made markets more efficient, and has increased complexity of financial products. These changes are not disputed at all and most of the literature available on the internet supports our findings. Information technology has also made markets more efficient since the dissemination of the information has improved. Now a press conference in USA can be seen live in any part of the world and investors can make decisions accordingly. Internet and computers have therefore made sure that news or event is represented in the prices of stocks. Internet has made it impossible to hide information from investors. This report makes a conclusion that Internet trading is a growing market and investment firms should try to capitalize them. Also youth is getting attracted towards online trading therefore this should also be kept in mind before launching newer products. More accurate data can be collected by conducting a survey based quantitative study. Impressions of youth and internet traders can be taken regarding stock and bond trading. This can more accurately predict specific changes that have come in trading patterns after advent of internet and computers. Longitudinal studies can also help explore more specific trading activity related questions. The research we have conducted has a major limitation. We have not collected any primary data and previous literature has been used to answers research question.