Wednesday, April 8, 2015

370-374

Blog Post 370-374

The three ways to disseminate information is to either quote, paraphrase, or summarize.  All of these methods may prove to be more useful than others depending on the situation.  These are something that all college students learn during their college careers in lower level English courses.  Quoting information is like copying and pasting someone else’s work but putting it in quotation marks and giving full credit to the creator.  Paraphrasing is taking someone else’s information but transforming the way it is expressed or conveyed.  The final way is to summarize the information by basically condensing the original information into a shortened version.  When using all of these methods, it is important to give proper credit to the owner to avoid plagiarism.

Examples:

Original Work:

Usually entities that are considered to have high levels of systemic rick coin the name of “too big to fail” or “too interconnected to fail.”  This means that an entity in an industry would cause major negative economic impacts on others across the economy.  It does not necessarily have to pertain to the same industry.  Some have proposed to regulate this aspect of banks in hopes of preventing economic collapse in case of large-scale financial failure.  Regulating this risk would mean to either limit banks from becoming too influential and owning large portions of the market at the same time establish limits on the total amount of risk each individual bank can take on.  Some believe that systemic risk should even be taxed in order to downsize risky behaviors by banks.

Quotation:

“Usually entities that are considered to have high levels of systemic rick coin the name of “too big to fail” or “too interconnected to fail.”  This means that an entity in an industry would cause major negative economic impacts on others across the economy.  It does not necessarily have to pertain to the same industry.  Some have proposed to regulate this aspect of banks in hopes of preventing economic collapse in case of large-scale financial failure.  Regulating this risk would mean to either limit banks from becoming too influential and owning large portions of the market at the same time establish limits on the total amount of risk each individual bank can take on.  Some believe that systemic risk should even be taxed in order to downsize risky behaviors by banks” (Palacio, 2015).

Paraphrase:

Financial institutions that are considered “to big to fail” or “too interconnected to fail” can potentially pose a huge risk for the entire economy.  This is because the more risky investments that these institutions take on, the more systemic risk is added to the industry.  When these investments go bad and cause the institution to inevitably fail, the entire economy will suffer and fall into recession.  Some suggest that systemic risk is regulated in order to prevent major economic crisis.  This could mean capping the amount of risk any one institution can have and even taxing the risk in the event that it presents a threat to the economy (Palacio, 2015).

Summary:

Large financial institutions that would cause major negative economic impacts in the case that they would fail are usually considered “too big to fail” or “too interconnected to fail.”  These entities usually tend to have high levels of systemic risk.  Many propose to regulate and mitigate this aspect of financial institutions in order to prevent recession (Palacio, 2015).

With my experience, I have found it more affective to paraphrase information rather than to quote or summarize.  This is because paraphrasing includes much more detail and a level of originality to work.  It may also increase the credibility of the work as well.  Quotations may seem like copy and pasting to fill space and summarizing may be too short or lack important details.

Question:

Which of these methods would be best when writing a secondary research project?

References:

Bovée, Courtland L., and John V. Thill. "Achieving Success Through Effective Business Communication." Business Communication Today. 12th ed. Upper Saddle River, NJ: Prentice Hall. 2014. Print.



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