Wednesday, August 26, 2020
Statement of Educational Goals and Philosophy :: My Philosophy of Education
Explanation of Educational Goals and Philosophy At the point when I was in High school I concluded that I needed to be an optional instructor. From the start I didnââ¬â¢t need to be an educator, however a couple of my instructors altered my perspective. In auxiliary school, I was thought of as an untouchable by both my companions and my instructors. I had moved from Washington D.C. to the little nation town of Galax, in Virginia, and the manner in which I talked and dressed picked up assign of negative consideration. Individuals believed that I was not fit for anything besides rather beginning difficulty, when in truth I was very and timid. This negative generalization made school an excruciating encounter and I didn't appreciate going to class. It wasnââ¬â¢t until my lesser year that I had instructors who saw that I was in certainty a shrewd individual, equipped for anything. They were the ones that gave me that, provided the correct guidance, any understudy can achieve anything. They likewise gave me that learning could be made fun. These instructors are what made me need to educate. They made me need to be the instructor that is there to enable each understudy to arrive at their maximum capacity. In the accompanying sections I will express my way of thinking on training and a few objectives that I will meet. It wasnââ¬â¢t until an undertaking that my Education 210 educator, Miss Smith, allocated my gathering a task on essentialism that I understood I was an essentialist, this way to deal with instruction was made well known by William Bagley. This methodology was initially thought of as being to reproachful of understudies, yet the starting of Sputnik in nineteen fifty seven and ââ¬Å"A Nation at Riskâ⬠in nineteen eighty three brought essentialism back. In everything that are done in the study hall, for example, homeroom the board, the educational plan, showing techniques, and the methods of assessing my understudies, I intend to follow the essentialist approach. I wish to do this since it is my conviction that schools ought to impart conventional virtues and the scholarly information that understudies need so as to become model residents. All things considered, I accept that the reason for instruction is to shape understudies into model residents since they are future pioneers .
Saturday, August 22, 2020
Twins free essay sample
ââ¬Å"Wait, both of you are twins?â⬠I normally answer with a speedy ââ¬Å"yes,â⬠thinking about whether itââ¬â¢s extremely such a hard plan to get a handle on. There used to be when everybody knew who the twins were. The planned outfits parted with us. At that point it appeared just as everybody alluded to us as ââ¬Å"the twins.â⬠It wasnââ¬â¢t simple continually being contrasted with one another. I have long light hair and blue eyes, while Chris is my perfect inverse, with dull hair and earthy colored eyes. I jabber and Chris generally minds his own business. The day we entered middle school was the opportunity we had been sitting tight for â⬠barely any individuals realized we were twins. A few educators didnââ¬â¢t even acknowledge until Open House. A significant number of the educators told our mother, ââ¬Å"They act like they scarcely know each other.â⬠Chris and I started to create various interests. I end up being an outgoing person who cherished being around individuals; Chris had a little gathering of companions with whom he joyfully collaborated. We will compose a custom article test on Twins or then again any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page I fixated on originator names (Iââ¬â¢m happy that stage is finished). Chris would not wear whatever even alluded to where it was from; any tag or mark must be expelled. Despite the fact that we cooperated on some schoolwork, Chris exceeded expectations in expressions of the human experience while I performed much better before a course book. Numerous individuals lose their distinction being a twin. Nonetheless, I feel that it has helped me find myself. It has roused me to be my own individual and build up my own leisure activities and interests since I need others to consider us to appear as something else, special individuals. In some cases, I overlook that my sibling is really my twin â⬠until itââ¬â¢s time to victory our birthday candles or we run into somebody at the general store who shouts, ââ¬Å"Oh my gosh, are these the twins?â⬠Itââ¬â¢s clear that we are going to take altogether different headings in our lives. Chris flies on a whim, while I like to be sorted out. Eleanor Roosevelt stated, ââ¬Å"Remember consistently that you not just reserve the privilege to be an individual, you have a commitment to be one.â⬠Individuality is one of the most significant rules that one ought to endeavor to accomplish. Encircled by materialistic things, the normal individual is enticed to look like every other person, have similar interests, and carry on in a similar way. I feel blessed to have discovered my singularity from the get-go throughout everyday life.
Tuesday, August 18, 2020
MIT, You Make Me Wanna Wait!
MIT, You Make Me Wanna Wait! (Come to the 3rd floor of the Student Center at 12 noon on Friday of CPW. There will be several of us, including a MIT professor, talking about why this can be a really good idea.) So you got into one of the best, most stimulating and resource-rich universities in the world. Welcome â" MITâs an amazing place (no matter what youâre here to study), and I bet youâre really eager to come â" not just for Campus Preview Weekend, but to start your academic and life voyage as a freshman this fall semester. Youâre probably already planning your summer, the changes from home to college what to bring, how youâll spend those last days with friends and family, perhaps visiting your favorite childhood haunts in a last bid to say goodbye. But what if you held off on all that? Sounds crazy, right? â" because you want to get away from your parents as soon as possible, start your own life, and not be told when to go to bed and what not to eat well, whatever the reason, college is a way to leave home thatâs accepted by both your friends and your folks (no matter how conservative), and youâre all ready to GO. It feels like the right thing to do, because after high school, donât all good students go to college? And besides, what else would you do to prepare for that promising future youâve always dreamed of (and, no doubt, the one everyone *expects* you to have)? Let me ask you something else: if you had an entire year to do anything you want, with unlimited time, no expectations, no SATs or class ranks or gossip or student club presidencies to get in the way what would you do? Letâs just pretend that after you graduate, instead of just returning to school in the fall, you finally get to work on that dream project, tinker in that lab, or spend a year overseas (all expenses paid) teaching something you know and learning everything you never knew all at the very same time. And youâd wake up every day knowing that MITâs just down the road. Maybe you just want to spend time working to have some cash during your college years. Or maybe you just want to decompress after the rigorous academic program that got you into MIT in the first place. The sky is the limit, and odds are, youâll never have the chance to be so free ever again in your life. So whatâs the rush? Itâs not like you wouldnât be going to MIT. Youâd just be hanging out for a few more months to get a better handle on what youâre really coming here for. This might sound just a bit surprising, but Iâm willing to bet that in that year off, youâll learn more than you ever would as a college freshman. No, perhaps you wouldnât be sitting in a classroom, but youâd be doing a ton of that other kind of learning â" the learning that helps you figure out where youâre going, who you are as a person, and what you were put on this earth to do. Itâs a fact that a lot of people here change their majors â" heck, maybe several times â" because they just arenât sure what they want to do. Taking time away from school can help you be better prepared for these kinds of decisions â" youâll likely arrive on campus a more confident and prepared individual, with some time away from HS to really think about what you want out of life. Are you really sure that you want to be a doctor, or an engineer, or whatever it is that youâve got your heart set on right now? Do parents, family or friends suggest that you be one thing, yet youâd real ly prefer to be something else? (Why not take some time to sort it out, spending time in hospitals, labs, or perhaps as an intern at a nearby firm?) No, taking a breather after high school isnât necessarily for everyone. If you qualify for full financial aid (your familyâs tuition contribution is zero) at MIT, it may well cost you less to come straight away and get a head start on your degree. (For the vast majority, thatâs not the case, and your year off would likely be far less of a financial undertaking than a year of college.) In my case, I took two years off and arrived on campus with a lot of perspective, but had to spend time getting back into the student mindset so I could put in the kind of effort it takes to succeed in classes here. Things are great now that Iâve had some time to adjust â" Iâm very glad I took the time I did, and I donât have any regrets. Iâm a far more directed, focused person than I would have been, and Iâve got a better idea of what I want from MIT than (dare I say) a whole lot of my classmates. I came from a rural area where education wasnât especially valued, and I never gave a p assing thought to university admissions as a high school student. It wasnât until after I graduated that I really began to investigate anything about college! MIT endorses the taking of gap years because of the unique opportunity to gain purpose and personal enrichment like youâll never be able to during a full-time academic term. Sure, college is an amazing place to be, and lots of exciting things happen here, but thereâs far more to life and the world than your university campus. It has always been helpful for me to keep that in mind, especially when things get rough, because I just bounce back and march on. And I feel like Iâm getting a lot more out of this place because of it! Come talk to me and fellow students, as well as a MIT professor, during CPW â" weâll be having a Gap Year Panel on Friday at 12 noon in the Student Center, 3rd floor, Private Dining Rooms 1 2. Parents are warmly welcomed and encouraged to come too!
Sunday, May 24, 2020
What is the Stakeholder Theory - 1083 Words
Stakeholder can be defined as ââ¬Å"any group or individual who can affect or is affected by the achievement of the organizationââ¬â¢s objectivesâ⬠. This theory focuses on wider aspect rather than only focusing on just the shareholder. Stakeholder theory is a fundamental theory about how business works at its best and how it could work. It is concerning on the value creation and trade on how to manage a business effectively. A consequences of focusing on organization or companyââ¬â¢s stakeholder is that the shareholder value itself can be enhanced and improved when a wider stakeholder group-such as employees, provider or credit, customers, suppliers government and the local community is taken into account (Mallin, 2011). This theory also related toâ⬠¦show more contentâ⬠¦Simply moving operations from one part of the globe to another in the interest of shareholder value will not eventually solve the problems of increasing global-stakeholders problems. A board that pays less attention to the interests of its stakeholders cannot maximize its shareholder value. However in relation to company performance, this theory has made a number of key contributions. For example, by emphasizing on maintaining goodwill with stakeholders, the organization will have a much better business ethics. Stakeholder ideas will develop the corporate value statements as well as the boards role in creating corporate ethics codes, social and environmental reporting which reflect an acknowledgement of a wider set of corporate obligations beyond only on shareholder value. Another contribution related to the company performance can be found in Kaplan and Nortons (1992) ideas about the Balanced Scorecard and the revolution in performance measurement. This Balance Scorecard embodies key stakeholder interests in a firm specific set of measures which link important operational drivers to financial performance. It therefore provides managers with a way to explore the organizationââ¬â¢s inter-dependencies between customers needs, and what the company must do in order to meet these needs and sustain competitive success. It has both an immediate performance focus as well as pointing to key areas for continuous improvement and innovation. From thisShow MoreRelatedStakeholder Theory Vs. Stakeholder Thinking1160 Words à |à 5 PagesStakeholder theory and definition Stakeholder is defined as ââ¬Å"any group or individual who can affect or is affected by the achievement of the organizationââ¬â¢s objectivesâ⬠(Freeman 1984). Stakeholder theory, when introduced in the 1980s, signify a major change in how relationships within a business might coexist and benefit one another. The concept of ââ¬Å"Stakeholder theoryâ⬠or ââ¬Å"stakeholder thinkingâ⬠is about identifying groups who are stakeholder in a corporation and manage them. It states that organizationsRead MoreCorporate Management Theories1721 Words à |à 7 PagesGroup 1 Corporate Governance Theories of corporate management and Process Definition:- According to the business directory, management theory is a collection of ideas which set forth general rules on how to manage a business or organization. Management theory addresses how managers and supervisors relate to their organizations in the knowledge of its goals, the implementation of effective means to get the goals accomplished and how to motivate employees to perform to the highest standardRead MoreCorporate Social Responsibility : Csr979 Words à |à 4 PagesThe notion of Corporate Social Responsibility is a phenomenon globally known for many years. In spite of the fact that CSR has been neglected for quite a long time, nowadays several authors deal with this issue, as revealed by the development of theories in recent years concerning the topic. In spite of the fact that there has been a huge growth of literature it is still impossible to simply define CSR. Many definitions trying to capture the concept of CSR exist, but their content varies (MattenRead MoreKey Tips For A Generous Financial Donations1495 Words à |à 6 PagesTIPS (1)Community Stakeholders a. Generous financial donations b. Innovative giving c. Support for education and job training programmes d. Direct involvement in community projects and affairs e. Community volunteer programmes f. Support for the local community g. Campaigning for environmental and social change h. An employee-led approach to philanthropy i. Efficient and effective community activity j. Disclosure of environmental and social performance (2)Environment Stakeholders a. EnvironmentalRead MoreShareholder Theory Vs. The Competing Ideas Of Stakeholders Theories946 Words à |à 4 Pagesrelevance to shareholder theories versus the competing ideas of stakeholders theories. I will not only develop a basis of each, I will take a deeper look into what the sole responsibility and how these action may affect business as a whole. Finally I will take time to examine each and conclude with a personal justification to each. To make a profit, that s what most would say is the end goal in every business for the most part. Shareholder theory also related with stockholder theory providing a main emphasisRead MoreStakeholder Theory Of The Firm1423 Words à |à 6 PagesEven though the stakeholder theory of the firm served as a comprehensive fundamentally solid concept for corporate social responsibility to branch out of; without the stakeholder theory of the firm there is no corporate social responsibility and vice versa, because business cannot exist without society and society is not sustainable without business, due to advancements in the modern world, business and society have evolved, and traditional business theories have a narrow business scope, while contemporaryRead MoreEssay on Friedman vs Freeman827 Words à |à 4 PagesWhat is ethically responsible management? How can a corporation, given its economic mission, be managed with appropriate attention to ethical concerns? These are central questions in the field of business ethics. There are two approaches to answering such questions. The first one is Milton Friedmanââ¬â¢s shareholder theory of management and the second one is Edwards Freemanââ¬â¢s ââ¬Å"Stakeholderâ⬠theory of management, two different views about the purpose and aims of a business. Milton Friedmanââ¬â¢s shareholderRead MoreCorporate Ethics Theory And Stakeholder Theory1309 Words à |à 6 Pagesact let know that directors must act in good faith and in what the director believes is the best interest of the company. Traditionally, the word company foretold under this section have been regarded to devote solely to the companyââ¬â¢s shareholders. However, this notion is seen as immoral. This is because according to the notion of corporate social responsibility, business must behave ethically, represents a broader recognition of stakeholders and must take into account economic, social and environmentalRead MoreTransparency Is Key Aspect of Corporate Governance1331 Words à |à 6 PagesThe boards of directors are responsible for the governance of their companies so there has to be transparency in company reporting. Transparency is key aspect of corporate governance because of implementing corporate governance this will allow stakeholders and shareholders to r eview and evaluate performance of management and the company this ensures that the board of directors and the executive directors of corporations act in the best interest of shareholders and the corporations. It is implementedRead MorePublic Relations Institute Of New Zealand Essay1495 Words à |à 6 Pagesterms of Systems Theory (Bertalanffy, 1968). This idea works around describing PR organisations as ââ¬Å"openâ⬠or ââ¬Å"closedâ⬠systems. These systems are theoretically made up of many smaller sections that work together simultaneously. The first model that fits into Systems Theory is ââ¬Å"Public Informationâ⬠(Grunig Hunt, 1984). This model aims to inform its publics with truthful information that satisfies the masses. If the organisation keeps its publics informed they will believe what the organisation tells
Wednesday, May 13, 2020
Financial Collapse The And Enron - 1320 Words
OneTel and Enron were huge technology companies, dominating the competition that they faced although - everything changed. Both of these companies operated in the same era, coincedently both suffering financial collapse. The reasons were mainly because of the failure to follow major accounting principles, lacking morals and lacking strong work ethics. If even a major corporation can fall into this ââ¬Å"trapâ⬠, then avoiding doesnââ¬â¢t sound easy, although accountants can easily avoid scandals by following a precise set of given rules and ethics. OneTel and Enron are prime examples which demonstrate the danger when a business is faced with an accounting scandal - which in turn could have been avoided. The fall of major telecommunications company OneTel came as a huge shock, many fell victim to this. The fall of OneTel was caused by majorly flawed governance committee. ââ¬Å"In the year 1999-2000 OneTel purchased over $520 million AUD on telecommunications licenses, ten times what corporate competitors Optus, Vodafone and Telstra spent in the pastâ⬠(Barry, 2002). Here Barry explains the sheer magnitude of OneTel in itââ¬â¢s prime. Even though OneTel was positive by almost 700 million, the collapse was inevitable because of a majorly flawed governing circle. The post on Accounting Review shows that the flawed committee, which OneTel relied on was not adequate, ââ¬Å"On 19 April 2001, the companyââ¬â¢s cash balance dropped to A$25 million. On 16 May 2001, the two joint-CEOs Jodee Rich and BradShow MoreRelatedDetecting Financial Statement Fraud : The Collapse Of Enron Corporation2216 Words à |à 9 PagesDetecting Financial Statement Fraud The dramatic collapse of Enron Corporation, following the series of disclosures of accounting improprieties, leads to questions regarding the soundness of accounting and financial reporting standards, and contributing factors to financial statement fraud. One question relates to important internal controls ignored in the creation of special purpose entities such as LJM1 by Enron. Another question relates to how Enronââ¬â¢s harsh Performance Review Committee mightRead MoreEnron : The Largest Energy Trader1669 Words à |à 7 PagesEnron was the largest company for energy and natural gas made possible through the merging of Houston Natural Gas and InterNorth based in Omaha. The merger made Enron the largest energy trader in the country and the seventh largest in the world. The company advanced into new fields of business by launching a broadband service unit and Enron online, where people can go to trade commodities. Enron rose quickly to become one of Americaââ¬â¢s most val uable company. It had a peak of $100 billion in revenueRead More Ethical Lessons Learned from Corporate Scandals Essay832 Words à |à 4 Pagesethically as a result of their internalized virtuous core values. The Enron scandal is the most significant corporate collapse in the United States and it demonstrates the need for significant reforms in accounting and corporate governance in the United States. It is also a call for a close look at the ethical quality of the culture of business generally and of business corporations (Lessons from the Enron Scandal). The collapse of even the smallest of businesses impacts many people, and thereforeRead MoreAndrew Fastow : The Enron Corporation And The Pioneer Of The Financial1067 Words à |à 5 PagesIn 1990 Enron market value increased from $3.5 billion to $35 billion by the end of 1999 (Ivey Business Journal, 2016). During this time Andrew Fastow was the chief financial officer of the Enron Corporation and the pioneer of the financial implication that brought Enron crumbling down. In this nine-year time frame this feat was admired by companies around the globe. Andrew received a CFO Magazine award for his work at Enron and had lavish parties celebrating the results of the quarterly earningsRead MoreEnron s Financial Fraud And Corporate Fraud1700 Words à |à 7 Pages Years ago, a series of financial frauds and collapses was occurs in United States. Includes Enron, Global Crossing, Worldcom, Healthsouth, AIG and Lehman Brothers scandals. In the American capital market, the investors abandoned a number of large listed companies leads to the bankruptcy for those companies. The corporate frauds not only deceive investors, but also make oneself paid a heavy price. At the same time, it not only harm the capital market, but also caused a significant impact on AmericanRead MoreA Corporation With No Morals1036 Words à |à 5 Pagesonly hear about the companies with the bad ethics. One of those companies is called Enron. Enron is a gigantic corporation that deals with the electrical power in Dallas, Texas. Enron may have destroyed many peopleââ¬â¢s lives due to the company declaring bankruptcy. Enronââ¬â¢s collapse has devastated the world; especially the market place because no one thought that a corporation that big would ever fall. What the Enron executives did was morally despicable, lying to their fellow ââ¬Å"blue collarâ⬠workersRead MoreThe Collapse Of Enron And Enron1736 Words à |à 7 PagesAbstract Fortune used to rank Enron as the most successful business in the United States. The collapse of Enron was shocked the whole world energy trading market. It caused significant losses to investors. In this paper shows analysis reason of factors that lead to Enron demise and also lessons can be learnt from Enron case study. The approach which have used in this paper to respond, the case study question are the background of the case organization and how business structure had been use by theRead MoreUniversity of Phoenix Organizational Culture1133 Words à |à 5 Pagesis the case with the Enron Corporation, a once massive energy company that suffered arguably the most horrific financial collapse in American history. The Enron failure began with the development of a flawed corporate (organizational) culture, and was fulfilled by the constant reinforcement of that culture. From the top down, Enron s corporate culture damned the company s successes and ensured it for eventual collapse. It must by noted that while the collapse of the Enron Corporation was dynamicRead MoreThe Fall Of Major Telecommunications Company Onetel And Enron1319 Words à |à 6 Pages OneTel and Enron were huge technology companies, dominating the competition that they faced although - everything changed. Both of these companies operated in the same era, coincedently both suffering financial collapse. The reasons were mainly because of failure to follow major accounting principles, lacking morals and lacking strong work ethics. If even a major corporation can fall into this ââ¬Å"trapâ⬠, then avoiding doesnââ¬â¢t sound easy, although accountants can easily avoid scandals by following aRead MoreHow Ethics Influence Behavior in Organizations1010 Words à |à 5 Pagesneed to make a decision, unethical behavior may appear, especially when decision choices conflict with oneââ¬â¢s self-interests. The Enron Scandal is a very interesting topic to better understand what are some responses organizations may have to unethical behavior. à Previous to its collapse, Enron was an energy giant based in Texas with Arthur Andersen as their auditor. Enron violated accounting standards by manipulating the mark-to-market accounting method so their earnings would appear inflated, thus
Wednesday, May 6, 2020
Ftm 460 Exam3 Study Guide Free Essays
FTM 460 Exam 3 Review (Chapters 10-13) 33 Multiple Choice Questions (3 points each). The majority of test questions come from Chapter 10 Chapter 13. The least from Chapter 11. We will write a custom essay sample on Ftm 460 Exam3 Study Guide or any similar topic only for you Order Now Chapter 10: The concept of measurement * Be able to recognize the 4 types of measurement scales: CHART 10. 4 in chapter ten slide six * Nominal: Scales that partition data into mutually exclusive and collectively exhaustive categories. Ordinal: Scales that maintain the labeling characteristics of nominal scales and have the ability to order data * Interval: Scales that have the characteristics of ordinal scales, plus equal intervals between points to show relative amounts; they may include an arbitrary zero point. * Ratio: Scales that have characteristics of interval scales, plus a meaningful zero point so that magnitudes can be compared arithmetically. * Define: Scale reliability: Degree to which measures are free from random error and, therefore, provide consistent data. The extent to which the survey responses are internally consistent. Cronbachââ¬â¢s alpha: Test-retest reliability: The ability of the same instrument to produce consistent results when used a second time under conditions as similar as possible to the original conditions. * Be familiar with the steps in the measurement development process (McDanielââ¬â¢s diagram) Slide 3 CH 10. * Know the difference between a constitutive and operational definition of a given construct. Slide 4) * Constitutive: ambiguity is a direct function of the discrepancy between the information available to the person and that which is required for adequate performance of a role. It is the difference between a personââ¬â¢s actual state of knowledge and the knowledge that provides adequate satisfaction of that personââ¬â¢s personal needs and values. * Operational: Role ambiguity is the amount of uncertainty (ranging from very uncertain to very certain on a five-point scale) an individual feels regardi ng job role responsibilities and expectations from other employees and customers. Be able to distinguish between convergent vs. discriminant validity. * Convergent: The degree of correlation among different measures that purport to measure the same construct. * Discriminate: The measure of the lack of association among constructs that are supposed to be different. Chapter 11: Using measurement scales to build marketing effectiveness * Define: Semantic differential scale (10) , Likert scaleââ¬âbe able to recognize examples of each (12) Agree, Somewhat Agree, Somewhat disagree, Disagree. Chapter 12: Questionnaire design * Know the differences between the following types of question formats: * open-ended: Questions to which the respondent replies in his or her own words. * Probed vs Un-probed * closed-ended: Questions requiring respondents to choose from a list of answers * Dichotomous: Choice between two answers * Multiple Choice * Scaled Responses * What are the reasons for using screening: to identify qualifies respondents and probing questions? When do we use branching? * Understand sequencing rules for laying out questions in a survey (i. e. , general questions first). Slide 16 * Screeners, Warm-up (Easy to answer questions show the respondent that the survey is simple), Transitions (Questions related to research objectives require slightly more effort), Difficult Complicated (The respondents has committed to completing the questionnaire), Classifying and demographic. Chapter 13: Basic sampling issues * Know the difference between a Probability: Everyone in the population has a known, nonzero, likelihood of selection (Simple random, Systematic, Stratified, Cluster) * Non-probability: Samples in which specific elements from the population have been selected in a nonrandom manner. (Convenience, Snowball, Judgment, Quota) * Know the difference between a sample and a population. (Population is the entire group of people about whom information needed; also called the universe or population of interest. ) * Define: simple random sample: A sample selected by assigning a number to every element of the population and then using some method for randomly selecting elements to be in the sample such as random digit dialing * systematic random sample: A sample in which the entire population is numbered and elements are selected using a skip interval (every Nth name is selected * stratified random sample: A sample that is forced to be more representative through simple random sampling of mutually exclusive and exhaustive subsets either proportionally or disproportionally. Good for data that are not normally distributed. * Convenience sample: A sample based on using people who are easily accessible ââ¬â such as mall intercepts or other high traffic locations. * Sampling error: Error that occurs because the sample selected is not perfectly representative of the population. * Be familiar with the McDanielââ¬â¢s stages of a sampling plan * Define the target Population- Determine the characteristics of those you are interested in studying. Determine which group of people or entities about which you want to learn more. * Choose the Data Collection Method- Determine how you collect the sample ââ¬â such as mail, Internet, telephone, mall intercept, ect. * Select the Sample Frame- A list of population elements from which units to be sampled can be selected. * Obtain the Sample- Determine how you will get the sample list through probability or non-probability methods. * Determine Sample Size * Select Sample Units * Conduct Fieldwork How to cite Ftm 460 Exam3 Study Guide, Essay examples
Tuesday, May 5, 2020
Human nature Argumentative Essay Example For Students
Human nature Argumentative Essay Man is viewed as an animal in scientists eyes. There are many psychological implications of innate drives and instincts. Almost all innate drives and instincts are present unconsciously present in every human as in that of animals. Mans innate drives are similar to that of animals. Animals instantly begin to walk and search for food, humans instantly do the same. These instincts are not consciously recognized. Sigmund Freud said ââ¬Å"innovations were humansââ¬â¢ recognition of unconscious psychiatric process that follow laws different from those that govern conscious experienceâ⬠(Davis, Palladino 2000. pg. 31).Freud was saying that the human mind unconsciously tells the body to do what is needed to survive. Human Nature is the product of innate drives conflicting with the requirements of social living (Davis, Palladino, 2000. pg. 32). According to the humanist, people have choices in their lives, and we cannot understand their choices by studying animals in lab oratories or people experiencing adjusting problems (Davis, Palladino, 2000. pg.32). Humans may not do the politically correct thing when it comes to surviving by what innate drives tell humans what to do. Scientist learned their information f rom observing animals. Innate drives cannot be fully explained, but they do exist (Gerow 1997 pg. 128)Instincts are found in every creature. Instincts are unlearned behaviors that are more complex than a simple reflex (Davis, Palladino 2000. pg. 796). Realizing stimuli are specific environmental events that trigger or release the instinctive behaviors (Gerow, 1999. pg. 103). Instincts are evident early in life. Innate drives and instincts are very complex human behaviors. Every one has them, as do every animal. Scientists try to learn more about them every day. Studying animals may not be the best way to learn about them. Bibliography:Davis, S., ; Palladino, J. (2000). Psychology: Media and Research Update. New Jersy:Prentice Hall. Gerow, J. (1997). Psychology, an Introduction. New York: Addison-Wesley Educational.
Monday, March 30, 2020
Dancing With God Analysis Essay Example
Dancing With God Analysis Essay The speaker refers to the stranger as God, though it is evident that he is Just a man. This is because she thinks he influenced her life so dramatically that he could not possibly be a simple human, therefore he must be God. At first the surprise/ of being singled out, the dance floor crowded/ and me not looking my best,] a too-often worn dress/ and the man with me/ a budding casualty/ of one repetition too much,] God touched his shoulder/ and he left. When she first introduces him, it is unclear of why she is calling him God. However, out of all the people in the club, he chooses her to dance. Not used to this kind of attention, she is shocked. As the poem progresses it becomes apparent that the speaker calls this man God because he essentially performed a miracle. In her eyes, he Is her savior, making her aware of how unfilled her current life is. Although her interpretation of this man Is substantial, the feeling he gives her is Imperative. God makes the speaker feel things that she has never felt before, or emotions that she thought were long gone; leading her to realize all the things she has been missing out on. This Is evident when the speaker says, l never danced better, freer, / as If dancing were my way/ of saying how easily/ I could be with him, or apart. In this line she Is realizing how effortless It was for her to connect with another man that Is not her husband. She Is saying how easy Is It for her to be without him, proving how little she cares for him anymore. We will write a custom essay sample on Dancing With God Analysis specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Dancing With God Analysis specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Dancing With God Analysis specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The speaker feels as If her husband could never make her feel alive the way God does. Then the confirmation of an old guess: God was a wild god/ Into the most mindless rock, but graceful. Looking -this excited me- Like no one I could love,] cruel mouth, eyes evocative/ of promises unwept. The speaker Is feeling such a rush by simply dancing with him. The speaker understands that God Is someone she would never be with; she determines this Just by his demeanor. He Is graceful yet wild, and that sense of mysteriousness Intrigues her. She may be wondering If she actually could be with someone Like him; but she will never know for sure. She even wonders whether her experience was part of something more significant, God held me close/ and I felt for a moment/ Id mistaken hell,/ that he was Death/ and this the famous embrace/ before the lights go out. She felt so close to god, that at one point she questioned whether she was near death. She was not sure If these were her final moments and her life was flashing before her eyes. The speakers encounter with God Is what ultimately leads to her moment of self-discovery. In these few short minutes, the speaker learns that this dance with a stranger has had a significant Impact on her life. And I stood looking at a figure/ I wanted to slap/ or forgive for something/ I interacting with the speaker. To him, she was Just another woman at the club. This is shown when the speaker says, He left then, no thanks,] no sign/ that hed felt anything/ more than an earthly moment/ with someone who couldve been/ anyone on earth. The speaker may be angry that this dance does not mean as much to him as it does to her. His actions have now transformed her outlook on life, helping her uncover things about herself she did not know she desired. Though it was clear/ there was no going back/ to the man who brought me,] nice man with whom Id kissed and grown tired,] who danced wrong,] and never again/ could do anything right. At this point, the speaker has had an epiphany. She realizes that she no longer wants to live a monotonous life with a man she no longer loves. That one trivial dance with God has made her realize that life has so much more to offer; somewhere out there is something that can make her feel like herself once more. She now knows that she is not the type of woman who is satisfied with living a comfortable and unfulfilled lifestyle. The speaker wants to achieve happiness and feel alive again. Many people think that discovering things about oneself involves big changes or meaningful experiences. When in fact, it can be revealed through the simplest of events. As illustrated in this poem, all it took was one dance for the speaker to realize who she was- or wasnt. Through these events, individuals are able to find their place in the world and strive for what ultimately makes them happy.
Saturday, March 7, 2020
Free Essays on Euthenasia
Euthanasia is often called ââ¬Å"mercy killingâ⬠. It is intentionally making someone die, rather than allowing that person to die naturally. It is sometimes the act of ending someoneââ¬â¢s life who is terminally ill, or is suffering in severe pain. Euthanasia is mostly illegal in the world today. Euthanasia can be considered a form of suicide, if the person afflicted with the problem actively does it. The person volunteering to commit the act to that person can also consider it a form of murder. The positive side of Euthanasia is that it ends a personââ¬â¢s suffering in this world. Many physicians and psychiatrists believe that it may a humane act. From a virtue ethics point of view, it may be appropriate. What we seek in human existence is to be happy, and find happiness. Suffering from a terminal illness, or affliction, could inhibit oneââ¬â¢s happiness in life. If the goal is to be happy, then Euthanasia would be an answer for this person. Euthanasia may even bring about happiness in that it is what the person desires and wants, in order to no longer to be a burden to his/her family. Also, Euthanasia would stop the pain and not prolong the dying process. In the utilitarian point of view we all have a duty to our happiness, and a duty to the society. Euthanizing a person based on the society aspect makes sense. With greater and greater emphasis put on managed care today, many doctors are at a financial risk when they provide treatments to patients who are in the dying process. These patients may also feel like not becoming a burden to the society at large, and choose to fulfill a duty ââ¬â Euthanasia. If the person is in a coma or is brain dead, that person is no use to himself or herself, or society anymore. Euthanasia is a viable method to end an otherwise futile attempt at recovery. The family of the person being euthanized may not want their family members in pain ââ¬â to suffer. It can be a family duty to do the right thing for the p... Free Essays on Euthenasia Free Essays on Euthenasia Euthanasia is often called ââ¬Å"mercy killingâ⬠. It is intentionally making someone die, rather than allowing that person to die naturally. It is sometimes the act of ending someoneââ¬â¢s life who is terminally ill, or is suffering in severe pain. Euthanasia is mostly illegal in the world today. Euthanasia can be considered a form of suicide, if the person afflicted with the problem actively does it. The person volunteering to commit the act to that person can also consider it a form of murder. The positive side of Euthanasia is that it ends a personââ¬â¢s suffering in this world. Many physicians and psychiatrists believe that it may a humane act. From a virtue ethics point of view, it may be appropriate. What we seek in human existence is to be happy, and find happiness. Suffering from a terminal illness, or affliction, could inhibit oneââ¬â¢s happiness in life. If the goal is to be happy, then Euthanasia would be an answer for this person. Euthanasia may even bring about happiness in that it is what the person desires and wants, in order to no longer to be a burden to his/her family. Also, Euthanasia would stop the pain and not prolong the dying process. In the utilitarian point of view we all have a duty to our happiness, and a duty to the society. Euthanizing a person based on the society aspect makes sense. With greater and greater emphasis put on managed care today, many doctors are at a financial risk when they provide treatments to patients who are in the dying process. These patients may also feel like not becoming a burden to the society at large, and choose to fulfill a duty ââ¬â Euthanasia. If the person is in a coma or is brain dead, that person is no use to himself or herself, or society anymore. Euthanasia is a viable method to end an otherwise futile attempt at recovery. The family of the person being euthanized may not want their family members in pain ââ¬â to suffer. It can be a family duty to do the right thing for the p... Free Essays on Euthenasia Euthanasia Euthanasia has been a controversial topic for quite some time but made a huge impact in the media when Dr. Jack Kevorkian sentenced to a 10-25 year prison term for giving a lethal injection to Thomas Youk. Euthanasia, meaning ââ¬Å"good deathâ⬠is the intentional killing by act or omission of a dependent human being for his or her alleged benefit. People today try to differentiate between the distinction of killing someone and allowing someone to die. When we look at this topic some questions are raised; specifically who gets to decide when you should live or die? At what point does an individual get to end his or her life with active euthanasia, which the immediate cause of death is not the patientsââ¬â¢ disease but something that is done or given to the patient to cause his or her death. One argument on euthanasia from a Utilitarianism perspective, says that if the pain of one person is causing pain to others, that it is in the best interest to end that personââ¬â¢s life. If a personsââ¬â¢ life has lost all value and is causing the person nothing but pain, then why not end the pain for them and their families. The philosopher James Rachels states: ââ¬Å"Terminal patients sometimes suffer pain so horrible that it can hardly be comprehended by those who have not actually experienced itâ⬠¦ The argument form mercy says: euthanasia is justified because it provides an end to that.â⬠(Velasquez, 2005) Some terminally ill patients are in unbearable pain and/or experience an intolerably poor quality of life. They would prefer to end their life rather than continue until their body gives in. Who is anyone to deny them their wish or right? I believe that the personââ¬â¢s right whether they live or die comes from the mere factor that we have free will and choice. Who is someone to say that you cannot die? A prime example of this controversial topic is about a woman named Teri Schiavo, who spent the last 15 years of her life ...
Thursday, February 20, 2020
The benefits of starting a greenfield investment for pharmaceutical Essay
The benefits of starting a greenfield investment for pharmaceutical packaging firms undertaking foreign direct investments - Essay Example and the market, which was worth $ 219.9 billion in 2012 is forecast to reach $ 374.8 billion by 2018, indicating a compounded annual growth rate of 9.1 percent (Freedonia 32-303; Markets And Markets 21-78; TLL Media) Local pharmaceutical manufacturers supply 50 percent of the requirement, and imports meet the other demand. The per capita expenditure on drugs is 130 Euros, in comparison of 300 Euros for western European regions Segmentation is also seen in the types of containers such as vials, ampoules, inhalers, powders, tubes, special closers and dispensers, caps, tamper proof caps, etc., and in the packaging process, types of drugs packed, and other factors. Pharmaceutical firms give importance to the quality and integrity of the packaging firm, dispensing errors and dosing, and the industry is very price sensitive. Hence, the packaging firms need to control cost, and maintain very strict control over the dosing and dispensing in each pack. The PESTLE analysis is used to analyse the external environmental forces that impact an industry. The forces analysed are political, economic, social, technology, legal, and environmental (Williamson, et al, 3-4). In this section, the PESTLE analysis is applied for the pharmaceutical packaging industry in Serbia. Since the past five years, Serbia has received more than $ 16 billion FDI. Various taxes such as Salary tax at 12%; corporate income tax rate at 10%, Property tax 0.4%, VAT 18% is the lowest in the region. Many foreign firms such as Fiat, US Steel, Lafarge, Coca Cola, Microsoft, Siemens, Nestle, and others have set up manufacturing plants and FDI inflows in 2013 stood at $ 3.01 billion. About 97 percent of western investors look at Serbia as the favoured destination for FDI. People are well educated, with a large number of schools and colleges offering high quality education. The brain drain, when thousands of talented Serbian graduates migrated to other European countries has reduced This section provides a
Tuesday, February 4, 2020
Higher cigarette taxes make smokers happier Essay
Higher cigarette taxes make smokers happier - Essay Example Each year in the United States, more than 400,000 smokers die of smoking-related illnesses. Smoking kills more people than AIDS, car accidents, alcohol, homicides, illegal drugs, suicides, and fires combined! Diseases associated with smoking include heart disease, lung cancer, chronic bronchitis, and emphysema. Smokeless tobacco is linked to oral cancers and can cause tooth abrasion, gum recession, and leukoplakia.Yet, despite these frightening and startling revelations, people still persists and the few that quit are replaced in many folds by new entrants. This inevitably leads to the question of what could be done to control cigarette consumption by Government in view of the challenges it poses to public health and the Nation manpower development. Government all over the world has toiled with the idea of levying high tax on tobacco products like cigarette in a bid to discourage its consumption.However, whether this has been achieved or not is evidenced in the increase turnover of Tobacco companies. Consider the scenarios below which tend to provide more insight into the effect of higher taxes on the average smoker. Adeolu is 47 years old. He has been smoking cigarette for the past 30 years.
Monday, January 27, 2020
Main advantages of unstructured methods
Main advantages of unstructured methods Unstructured method This method makes use of a rational compilation of elements to load up the domain, because the engagements of elements have no visible pattern, the mesh is called unstructured. This type of grids in general makes use of triangles in 2D and tetrahedral in 3D. With structured method, the elements are capable of twisted and stretched to well the domain. This method has the skill to be automated to a large degree. Known good CAD model, a good meshing student or person can without human intervention place triangles on the surface and tetrahedral in the volume with very small effort from the user. The automatic meshing algorithm characteristically involves meshing the boundary and then also adding elements touching the boundary or adding points in the interior and reconnecting the Delaunay elements. Main advantage of unstructured method Advantages of unstructured method is with the aim of they are very programmed and, as a result, require small user time effort but the user no need to worry about lay out block structure or relations. In addition the unstructured methods are well suitable to inexperienced users because they require small user input and will generate a suitable mesh under most circumstances. Unstructured method and its applications Triangle mesh generator makes use of 2D problems, and it produces an unstructured triangular mesh. Tetrahedral meshing is appropriate for uses in viscous flow simulations are wished-for. The approach which is chase consists of the initial generation of a number of unstructured layers of highly rigid elements Structured method This method of mesh generation starts with basic geometry and tensor analysis previous to moving on to identify the variety of approaches that can be employed in the generation of structured meshing. In addition structured method makes use of quadrilateral elements in 2D and hexahedral elements in 3D in a computational rectangular selection. Main advantage of structured method Advantages of structured mesh method is their simplicity, ease of use code and is suitable for multi-mesh, it is very complicated to generate a structured mesh for complex construction of body, such as a complete aircraft. Structured method and its applications Structured mesh, in particular multi-block structured mesh, is one of the main productions CFD tools. Multi-block means that the block topology can be from multiply connected blocks and each block is composed of 3D hexahedral, 2D quadrilateral and 1D linear or quadratic element set up in rows and columns, but this blocks can be removed, deleted or glued to others parts and also the multi-block structured mesh gives CFD user more control over the design of their meshing and make sure that quality is maintained all the way through their design and achieves the results. Multi-block topology A multi-block topology is used to build a meshing for the same geometry and this mesh is build in 6 blocks and deleting the top 2 corner blocks to complete a meshing with right aspect ratio. Hybrid method Hybrid mesh method is designed to obtain advantage of the positive aspects of both unstructured and structured mesh. Hybrid mesh makes use of some form of structured mesh in local regions while using unstructured mesh in the size of the domain. In addition the hybrid mesh contain tetrahedral, hexahedral and pyramid elements in 3D and quadrilaterals in 2D. But hexahedral elements are excellent close to solid boundaries and can afford the user of CFD a high degree of control. Main advantage and disadvantage of hybrid method Hybrid mesh advantages method is when we can make use of the positive properties of structured mesh elements in the regions which require them the most and use automatic unstructured mesh techniques where is not much happen in the flow field. Prismatic or hexahedral layers close to wall surfaces show good clustering capability characteristic of structured meshing approaches. Another advantage is that the use of tetrahedral mesh to fill the rest of the domain permit single-block generation for particularly complex geometries since the tetrahedral is the simplex element in 3D. Hybrid mesh disadvantage method is difficult to use and involve user of CFD expertise in put out the various structured mesh properties and locations to obtain the best results. The hybrid method is less strong the unstructured mesh methods. Hybrid method and its applications Hybrid method, in particular prismatic mesh generation makes use of the visibility condition, namely, the node normal vector is able to be seen from all the triangles sharing the node. A simple and general method is included to treat walls, concaves and narrow gaps. Tetrahedral and pyramids are integrated naturally by treating them as exceptional cases of prismatic cells and the methods is successfully applied for a entire aircraft configuration and partially slotted flap. To describe key features of ALL existing meshing options in Ansys Mesh module and discuss their applications (please refer to build-in documentation in the software).
Sunday, January 19, 2020
American name David Birth name Huayi
My partner is a very dynamic Chinese guy named Hua Yi, but is known by his American name, David Birth. He is an only son and lives with his immediate family although he has other family members and relatives in South East China. His father works as a truck driver and his mother, as an airline inspector. He goes back to China to visit every two years or so. On assessment, he believes that their family belongs to the middle class economic strata. Davidââ¬â¢s parents moved to the United States nine years ago in 2000 in search of wider horizons and better earning opportunities.David believes that he left his cultural roots in China, but he has never forgotten this, and so, despite his being in the United States, he has retained his cultural identity and learned to incorporate American culture into it. He believes he has half of his heart in China and half in the United States. David is a very physical person and loves to indulge in sports and other physical activities like table tenni s, club and local golfing, as well as fishing. He values his leisure time and spends this mostly with his family and friends.He likes to watch movies and spend time learning new things and discovering new possibilities. He is also very outgoing and can handle his emotions quite well. David finished his secondary education from North Penn High School in Lansdale four years ago in 2005. He has consistently been a ââ¬ËBââ¬â¢ student and decided to shift from nursing to international business during his college years. He plans to pursue this degree in international business and later transfer to a ââ¬Ëtempleââ¬â¢ from his community college.He is bent on finding a job in the Philadelphia area so that he can use this job as a stepping stone to accomplish his dream of being able to travel all around the world and learn new things. In the next year, he has also made a resolve to work hard to acquire good grades to enable him to transfer to a better college. He also plans to inve st in real estate when he has the resources and buy a luxurious house for his parents. David can be very shy at times and he also has difficulty in verbalizing his emotions. He is very close to his family and so fears that one day they will acquire health problems and eventually die.INFERENTIAL SECTION: Based on the simplicity of David, and his very simple aspirations, I can easily say that he only seeks very ordinary dreams for himself and for the people around him. I think that his foremost desire would be to able to meet the basic requirements of a dignified life, hence, quite likely, in the next ten years he would be focused on building his own family, leading a good family life, maintaining a decent and good paying job, and being able to acquire residential property. Considering his Asian background, David has high hopes of moving to America.Based on his past, I can say that moving to America is a very welcome change for him and that this significant event in his life has given him a more liberal and permissive view of things, enabling him to be more decisive, more open to risks, and change. His Asian background has also given him the propensity to view things based on the oriental belief of Karma, which means that according to his own personal philosophy, he thinks that the energy you put out to the universe, which could either be good or bad, is the same kind of energy that the universe will send back to you.VALUE SECTION: As a person, my partnerââ¬â¢s strengths are being able to maintain an open mind in all things and seek opportunities to try innovations. This mindset of his could be considered a strength because this will enable him to explore many new things in life and try out more opportunities; therefore making him a more rounded and more holistic person than he is now. David is very open to criticism and he believes that he can learn many new things from what other people say ââ¬â as a strength, this can contribute to self-improvement as well as individual development.David, on the other hand, can be very shy at times. This prevents him from vocalizing his ideas and making his thoughts known to other people. This, as his weakness, can cause him to become less satisfied of certain situations because he cannot verbalize what he wants to do about these things. He may also have problems with indicating what he truly wants in many cases because not all people can read other peopleââ¬â¢s minds. Treated the other way, this shyness can be converted into a strength if it is based on the concept of being mild-mannered and composed.This particular attitude of his can work the other way and give other people the impression that he can control himself well and is not given to stray and baseless reactions and emotions. SELF-REFLECTION SECTION: As a interpersonal communicator, I believe that the most important skill that I have is the ability to listen and allow the other person to speak. Many things can be gleaned from how ano ther person reacts to our questions and I am confident that I give due attention to these subtle and discreet reactions.Another ability of mine that I consider a strength is my skill of being able to rephrase the question for clarity. This can be very helpful especially if the person I am talking to has difficulty in comprehension. I am also given to being lively and bubbly at times so this serves to keep the interest of the person I am talking to. I also tend to be very intimate when it comes to communication; maintaining eye contact, physical contact, and contact on a mental level.I avoid being too emotional when communicating to maintain objectivity. In my conversation with David he found me to be very entertaining. On the other hand, my approach to communication can be very aggressive at times and this can intimidate the person I am talking to and cause them to shrink into themselves. My being very vocal and verbal can sometimes come across as intimidating. I tend to be very pre cise at times, and this can work against me by making me sound more like an investigator than a communicator.To improve on my interpersonal communication skills, I believe that I need to expose myself to more real life situations and not treat encounters like they are opportunities to earn a good grade in the classroom. I have to learn the entertainment and knowledge value of communication and the various benefits that it can present to social relationships. Perhaps, I need to attend personality development seminars and workshops to make me more effective in interpersonal communications. To add to this, I also need to develop a certain degree of rapport with myself to be able to reflect this rapport to whoever I am communicating with.
Saturday, January 11, 2020
Balance Sheet and Income Statement Analysis
BALANCE SHEET AND INCOME STATEMENT-Identify the different financial statements (BS*, IS, Statement of Stockholdersââ¬â¢ Equity, and related notes) -Identify the different components of the BS (Assets: current and long term; Liabilities: current and long term; stockholdersââ¬â¢ equity: preferred stock, common stock, PIC, treasury stock) -Identify the different component of the IS (Gross profit, earnings before interest and taxes, interest expense, income tax expense, income from continuing operations, discontinued activities, extraordinary items) -Identify within the IS, BS and Stockholders equity statement: comprehensive income,OCI and accumulated OCIPPE-Identify the different components of PPE (property, plant, equipment) and related accumulation depreciation. Locate the depreciation methods and estimates used for the calculations. -Identify valuation basis (market value or historical costs) and describe the impairment testing procedure for PPE. -Identify the amount of depreci ation expense in the IS (or the notes) Compute profitability ratios and provide a short analysis (see exercise 10-26B).INTANGIBLES-Identify the different components of Intangible assets (marketing, customer, contractual, technological, goodwill) and related accumulation amortization (if available). Locate the amortization methods and estimates used for the calculations. -Identify if they have definite or indefinite lifeââ¬â Describe the impairment testing procedure for PPE. -Identify the amount of amortization expense in the IS (or the notes)LIABILITIESââ¬â Identify current liabilities (including contingencies) in the BS ââ¬â Identify the LT liabilities (nature and the total amount) in the BS ââ¬â Identify the amount of interest expense in the IS ââ¬â What type contingencies are disclosed, their probability of occurrence and their range of estimate. ââ¬â Determine the number of LT debts (loans, bonds etcâ⬠¦), related maturity date and rate of interest (co upon for bonds) and amount. ââ¬â Compute solvency and liquidity ratios and provide a short analysis.STOCKOLDERSââ¬â¢ EQUITYââ¬â Identify the types of shares, the number of shares authorized, issued and outstanding (if any, treasury stock) and PIC. For PS, identify the stated rate, covenants/characteristics. ââ¬â Locate Dividends in the BS and SE (2schedules) and IS.ââ¬â Identify which types of dividends have been issued (Cash? Stock, Split? Other?) ââ¬â Identify Accumulated OCI in 2 schedules (BS and statement of stockholders Equity). ââ¬â Explain briefly the different of Stockholders Equity Statement ââ¬â Apply ratios related to chapter 13 (end of ppt presentation) and provide a short analysis.CHAPTER 14 ââ¬â INVESTMENTSââ¬â Identify the different investments in the BS and related notes (Debt and Equity), then by classification (Held to Maturity, Trading or Available for sale) ââ¬â Identify in SE section of the BS the accumulated OCI, then locate in Stockholders Equity Statement, the different movement of OCI (BB +/- changes). ââ¬â Identify in the IS the OCI component (if any) and comprehensive income. ââ¬â Check for investment between 20-50% that use the equity method (see notes) ââ¬â Check for impairment testing for investmentsCHAPTER 17 ââ¬â LEASINGââ¬â Identify the capital lease assets and liabilities in the BS and related interest expense plus depreciation expense in the IS. ââ¬â Identify if there is any operating lease. ââ¬â What is the nature of every lease (sales-type or direct-financing) and related financial conditions. ââ¬â Identify the lease payments for the next 5 years and the different categories of leased assets.*BS = Balance Sheet IS = Income Statement SE = Stockholderââ¬â¢s Equity statement (or statement of changes in equity)
Friday, January 3, 2020
Tata Jlr Deal - Free Essay Example
Sample details Pages: 3 Words: 836 Downloads: 9 Date added: 2017/09/12 Category Advertising Essay Did you like this example? Cross-cultural training NewsTataââ¬â¢s Acquisition of Jaguar Land Rover ââ¬â the Cultural Implications| à à | Following Tatas purchase of Jaguar and Land Rover earlier this week Declan Mulkeen, Marketing Director at Communicaid, Europes leading Culture and Communication Skills consultancy responds to the announcement and discusses the cultural and communication challenges which a cross-border acquisition of this type may produce and the steps that both Tata and Jaguar/Land Rover need to take in order to make this a successful Anglo-Indian story. The current trend towards international mergers, acquisitions and joint ventures is resulting in organisations not only having to deal with the merger of different corporate cultures, but also of two or more national cultures. While Tata will be more familiar with British business culture following the recent acquisition of steel producer Corus, it will need to work hard to understand Jaguar and Land Rovers unique motoring heritage and business culture. Donââ¬â¢t waste time! Our writers will create an original "Tata Jlr Deal" essay for you Create order Jaguar and Land Rover, previously owned by US car manufacturer Ford for the last twenty years, will be very familiar with North American management and business practices so the change to Indian ownership will be an interesting challenge for management and production staff alike. With estimates suggesting that as many as 80% of international mergers and acquisitions fail, Tata à will need to take extreme care and consideration to ensure that they fully understand the national and corporate cultures of the companies they have bought into. Key to their success will be the ability to maintain clear and open channels of communication with all Jaguar and Land Rover employees. Information is the lifeblood of any organisation and the way in which it is communicated can make the difference between a productive and committed workforce and one that is sceptical and unreceptive. Tata, Jaguar and Land Rover senior management teams must communicate accurate information transparently, explicitly and as quickly as possible. Information must then be cascaded down throughout the entire business in order to effectively convey the key messages to all parts of the business. While rapid and efficient communication should help to ease feelings of doubt and insecurity, managers should understand that employees need time to digest and understand the impact of the acquisition and gain a clearer understanding of the business objectives moving forward. All parties involved also need to recognise the importance of understanding the underlying values and attitudes of each culture. To put it simply, they need to understand the other cultures à perception ofà how we do things: this will include differences in factors such as levels of formality, tolerance of risk and methods of decision making. Different perceptions of time may also be a particular challenge for Jaguar/Land Rover and Tata. Before business is even discussed, Indians will typically take much more time than Brits to meet the employees at all levels and develop relationships.. This could conflict with the approach taken by the Brits who often expect things to be done more quickly right from the start. In addition to understanding the cultural values of the other culture, Tata, Jaguar and Land Rover all need to be clear about each others corporate values and how the organisations will ensure that they are merged and applied to the new organisational culture they create. Jaguar, Land Rover and Tata should also take careful steps to ensure that the human element of the acquisition is not ignored. It is the employee who will have the greatest impact on the successful outcome of this acquisition. Carefully selecting respected leaders in the organisation to help carry out and communicate the necessary changes to other employees will help ensure they feel cared for. Without taking the time to fully understand the effect that a changing organisational culture can have on employees as well as the challenges of bringing together national cultures, companies are risking all. The Tata Group is a unique company dating back to 1868. It has often been seen to value its employees as much as it values profit and prides itself on equality and fair management which can only be seen as positive attributes for Jaguar and Land Rover. Mr. Tata has a passion for innovation with the most recent example being the launch of Indias own Volkswagen Peoples Car ââ¬â the Nano costing just $2,500 which has opened up car ownership to millions of Indians, proving that Mr. Tata and his empire is out to make a difference. About Communicaid Communicaid is a culture and communication skills consultancy. We enable our clients to create profitable international relationships by building cultural bridges that enhance understanding and establish trust. Founded in 1992, our clients include many of the worlds leading international organisations such as Microsoft, BP, Pfizer, Deutsche Bank and GlaxoSmithKline, as well as government departments and international institutions including the UK Foreign and Commonwealth Office, the UK Ministry of Defence and the European Commission. With training centres in London, Paris, Frankfurt and New York, combined with a worldwide network of trainers, consultants and partner organisations, we are uniquely placed to meet your global culture and communication skills needs. |
Wednesday, December 25, 2019
Argumentative Essay On Beauty Pageants - 758 Words
ââ¬Å"When they are a little bit overweight, thatââ¬â¢s not gonna cut it. You donââ¬â¢t want to see a chubby child on stage. You have to have the barbie look.â⬠a mom on Toddlers and Tiaras said. Now available to children, around 250,000 girls compete in beauty pageants each year. These pageants have had damaging consequences on them. Child beauty pageants need to be banned because they sexualize young girls, put too much pressure on them to win, and lead them to focus too much on beauty. Girls are sexualized in beauty pageants at a very young age. On Toddlers and Tiaras, girls are shown in ââ¬Ësexyââ¬â¢ costumes, showing too much skin, especially for their age. With around 1.3 million viewers a week, the show has normalized this sexualization. In oneâ⬠¦show more contentâ⬠¦Everything is part of a routine whether or not the girl enjoys it. The most important factor of these pageants, beauty. When competing in and watching beauty pageants at a young age, girls believe that their outer beauty matters most. Girls who watch Toddlers and Tiaras focus on the contestantââ¬â¢s beauty, causing them to do the same with themselves. The skinny girls hidden under piles of makeup on tv make both the contestant and viewer think that this is normal. Before a pageant, a mom injected botox in her 8 year old daughterââ¬â¢s face to take away her wrinkles. Another mom fed her daughter tapeworms to make her skinnier. Soon after, the girl was in the hospital. In no situation should little girls have to go through this just to improve their outer appearance. If this is what it takes for a girl to win, then we are better off without these pageants. In some ways, child beauty pageants can be great for young girls to compete in. Pageants can build confidence by putting girls in front of lots of people to perform and speak. This leads to confidence through life and public speaking skills. Another positive outcome of competing is winning scholarships and priz e money. Scholarships will help a child receive a higher education later on. Next, in order to continue competing well, a girl needs to stay fit and healthy. She must also work hard and be disciplined. While these are great life traits to have, there are manyShow MoreRelatedArgumentative Essay On Beauty Pageants814 Words à |à 4 Pages Beauty contests for women have always been popular around the world, but in recent years child pageants have become more successful. This success led to the production of the well-known show, Toddlers and Tiaras. Beauty pageants have now evolved and even include newborn babies. Contestants are not only rewarded with a title, but also receive cash prices. These rewards and fame without a doubt attract parents into the world of beauty pageants. Children who are involved in beauty pageants are perceivedRead MoreArgumentative Essay On Beauty Pageants780 Words à |à 4 Pagesterm ââ¬Å"beauty pageants coming up,â⬠will result in 2,710,000 results appearing in 1.18 seconds. Children are the fastest-growing segment of the beauty pageant market, with annual childrens competitions attracting an estimated 3 million children, mostly girls, ages six months to 16 years, who compete for crowns and cash. Infants, carried onto the stage by their mothers, are commonplace. April Brilliant, reigning Mrs. Maryland and the director of Maryland-based Mystic Pageants, says pageants give littleRead MoreBeauty Pageants Argumentative Essay1311 Words à |à 6 PagesThe Problems and Pleasures of Pageants Beauty pageants have been questioned on whether or not their truly innocent. In some cases, the smiles are more likely than not phony. On the other hand, the abundance of memories and skills gained from these extravaganzas can create a positive effect on the child. On the negative side, pageants are found to be full of drama from both the parents and from the stress of the requirements, including eating disorders. They also lead to bad sportsmanship and theRead MoreArgumentative Essay On Beauty Pageants794 Words à |à 4 Pagesever watched beauty pageants like the tv show Toddlers and Tiaras, and think the parents are absurd for pushing their daughters too hard for a sparkling plastic tiara? Maybe you have been to a live beauty-pageant, or specifically, support or despise them. Well, most people particularly do not like beauty-pageants as the toddlers mothers have them on strict diets, make them wear extensive makeup, shave their legs, and get spray tans. But to the people within th is culture, beauty-pageants are valuableRead MoreEdward Burtynsky s Photographic Series, Oil, And His Nature1815 Words à |à 8 Pagesfeelings often provoked by the boundless essence drawn from the power of landscape. This essay will investigate the Edward Burtynskyââ¬â¢s photographic series, Oil, and his approach to find a sinister beauty within the damned. The underlying metaphors poised within Burtynskyââ¬â¢s work in regard to environmental change, in pursuit to document nature transformed through industry will be the central idea in this argumentative dissertation. Oil comprises 50 photographs, some referred to as primary landscapes that
Tuesday, December 17, 2019
Perceptions and Stereotypes of Aerobics - 1713 Words
With 600,000 people across Australia who have participated in aerobics at one point in time, it can be manifested that aerobics is one of the most marginalized sports within the country (Ausport, 2000). With such a marginalized sport, there are many stereotypes that are associated with just the word aerobics. This is explored through the survey that was conducted and was answered by the students at StAC. Many of the stereotypes that are believed in society are that aerobics is a sport dominated by females and that it more of a dance class. This report will evaluate the possible influences that have shaped studentsââ¬â¢ perceptions using Figueroaââ¬â¢s Framework and Maslowââ¬â¢s hierarchy. Aerobics is a form of physical exercise that combines rhythmicâ⬠¦show more contentâ⬠¦The lack of sponsorship could be a reason why there is a insufficiency of participants in aerobics. This leads us on to the next point, the institutional level. Institutional level 2.2 The institutional level of Figueroaââ¬â¢s framework level examines the institutions within society that affect sport and physical activity (Kirk, 2004). Institutions such as schools, community groups, sporting clubs, and religious groups are able to help shape positive attitudes to sport and physical activity. The accessibility of aerobics classes and equipment are very limited compared to many other sports. In the Brisbane area there are only 3 aerobics classes compared to the 1219 rugby league classes (Google maps, 2013). This is a staggering 400 times more and is very influential to the fact that participation levels are lower and can be the reason why many people view it as a dance class due to the lack of availability of facilities. There are also no aerobics competitions within Australia and this is another factor in influencing peopleââ¬â¢s perceptions. Schools feature prominently when discussing how peopleââ¬â¢s early attitudes towards sport are shaped. Some schools with strong sporting traditions reinforce participation in sport. The sports that students are encouraged to participate in can depend on the schoolââ¬â¢s history and traditions, the facilities and equipment available, and the expertise of theShow MoreRelatedThe Effect Of Participation On Physical Activity Among High School Students1282 Words à |à 6 Pagesnumerous social barriers surrounding participation in Sports Aerobics. Like any new sport, Sports Aerobics is seeking recognition and acceptance as a valuable and worthwhile competitive physical activity. According to the Northern Ireland Assembly (2010), social barriers refer to specific social and cultural practices, beliefs and traditions within a community or society and impact on individualsââ¬â¢ self-perceptions and their perceptions of others. In regards to sport, social barriers have an enormousRead MoreShould Sports Aerobics Be Accepted Into Our Community At Nambour High School?1732 Words à |à 7 Pageshegemony is represented in sport aerobics. Hegemony is the subconscious dominance of one group over another powerless group in society. I.e.; Males view sports aerobics as being feminine in nature. This leads to our hypothesis which is how males see sports aerobics, which is usually very girly or the stereotypical gay. Females are seen as the subordinates in todays society and male are seen as the dominant. This essay is also going to sugg est how to get sports aerobics to be accepted into our communityRead MoreThe Wrestler s Body : Identity And Ideology1365 Words à |à 6 Pagesfor Gender Equality, 2006 Sports, Media and Stereotypes Women and Men in Sports and Media. Chalazae Aina, Philippe Sarrazin, Paul Fontayne Julie Boiche Corentin Clà ©ment-Guillotin 2013 Psychology of Sports and Exercise: the influence of sex stereotypes and gender roles on participation and performance in sports and exercise: review and future directions volume 14, Issue 2, Collins, Leslea Haravon 2002 Working Out The Contradictions Feminism And Aerobics Journal Of Sport Social Issues, Volume 26Read MoreWhy Do Ones Looks Get For Justify Others Opinions?1919 Words à |à 8 Pagesoverweight, or just plain unattractive they are deemed as some sort of monster. Our perceptions of others and stereotypes that are used impact everyoneââ¬â¢s social identities today. When we stop hiding from the fact that we as a society are based off of appearances, we can come together to change these social misinterpretations. David Kirby and Deborah Rhode introduced us to the topic of discrimination and stereotypes that we face based upon our appearance and physical attributes. They assist by showingRead MoreThe Effects Of Sports On Female Athletes2156 Words à |à 9 Pagesmainly western cultures, women are expected to maintain a certain figure. The stereotype is that women must preserve a thin build and maintain lean muscles (Paloian, 2016). Yet, if you want to be succ essful in your sport you must build some type of muscle mass. There is no winning. MacNeill acknowledged that, ââ¬Å"Thus a television image of a woman engaged in physical activity may embody the notion of femininity if she is an aerobic dancer, or masculinity if she is a bodybuilderâ⬠(MacNeill, Birrell ColeRead MorePhysical Activity Has A Strong Influence On The Health And Wellbeing Of Every Individual3703 Words à |à 15 Pagessuch as light weights, resistance bands, ankle and wrist weights and medicine balls that can be used so long as they are returned after use. There will be volunteers supervising the area to ensure safety. Studies have shown that both resistance and aerobic exercise are ideal to prescribe to adults of any age but for this age group I want to focus more on movement, stability, flexibility, and range of motion. The reason why I did not decide to include structured classes focused on resistance trainingRead MoreThe Old Style Of Medicine3112 Words à |à 13 PagesReducing the amount of sodium in your diet to less than 1,500 milligrams a day if you have high blood pressure. Healthy adults should try to limit their sodium intake to no more 2,300 milligrams a day (about 1 teaspoon of salt). â⬠¢ Getting regular aerobic exercise (such as brisk walking at least 30 minutes a day, several days a week). â⬠¢ Limiting alcohol to two drinks a day for men, one drink a day for women. Drugs to Treat High Blood Pressure In addition to lowering blood pressure, these measures enhanceRead MoreEducational Inclusion Of The National Curriculum Inclusion Statement2851 Words à |à 12 Pagesdifferent to other subjects in its groupings. Co-educational lessons allow equal opportunities for boys and girls in the curriculum, provide greater opportunities for all to reach their potential (if set according to ability) and can help to overcome stereotypes of girls and boys (Hayes Stidder, 2003). However PE is different to classroom activities, they do not just focusing on the intellectual ability of a pupil, but their physical strength as well, which due to hormones and different developmentsRead MoreOlder Clients Essay8017 Words à |à 33 Pagesphysiological effects of an otherwise sedentary lifestyle and increase active life expectancy by limiting the development and progression of chronic disease and disabling conditions. Ideally, exercise prescription for older adults should include aerobic, muscle strengt hening, and flexibility exercises. In addition, individuals at risk for falling or mobility impairment should also perform specific exercises to improve balance. The intensity and duration of physical activity should be low at the outsetRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words à |à 1573 Pages978-0-13-283487-2 Brief Contents Preface xxii 1 2 Introduction 1 What Is Organizational Behavior? 3 The Individual 2 3 4 5 6 7 8 Diversity in Organizations 39 Attitudes and Job Satisfaction 69 Emotions and Moods 97 Personality and Values 131 Perception and Individual Decision Making 165 Motivation Concepts 201 Motivation: From Concepts to Applications 239 3 The Group 9 10 11 12 13 14 15 Foundations of Group Behavior 271 Understanding Work Teams 307 Communication 335 Leadership 367 Power
Monday, December 9, 2019
Hot Spot for Hackers
Question: Discuss about the Article for Hot Spot for Hackers. Answer: In Australia, the public Wi-Fi hotspots have almost no security as stated by Dr Malcolm Pattinson who is a cyber security expert of University of Adelaide. He also stated that the encryption is so weak that anyone can break into some of these Wi-Fi hot spots and can hack any information. This scenario can be analyzed further by using two classical theories of ethics that are Consequentialism or Utilitarianism and Egoist theory. Utilitarianism is a theory that depends on principles of Utility and states that act of a person will be considered as morally right only when it will produce more happiness than any other act that the person could perform at that time (Wright et al., 2013). Classical utilitarian such as Stuart Mill and Henry Sidgwick has defined that within this ethical theory happiness is considered as pleasure where pain does not exist. On the other hand, Egoist theory of ethics is divided in two variations that are individual and universal. Individual ethical theory stated that a person who follows this theory can do whatever good for them even if it violates the rights of others. Universal egoist theory on the other hand, promotes selfishness for each people only by respecting the rights of the others. The case scenario of Australia where citizen are facing several issues while using public Wi-Fi can be related to egoist theory of Ethics. According to the case study, more than $15.7 million was lost to frauds in the first two weeks of the month. As per the reports of Australian Competition and Consumer Commission, one out of 10 frauds is done through internet (Burgess, 2013). Now all of these frauds can be considered as an act of egoism. Particularly, it can be said that individualism egoistic theory suits the current situation as someone is hacking the bank accounts of citizen only for his good where the holders of the accounts are facing issues. However, according to Dion (2012), in some of the cases this weak security system of Wi-Fi hotspot can help the Government or other departments to peak into the accounts of suspects. This act is also considered as an act under egoistic ethics. However, this act can be stated as an act of universal. If investigation organizations such as C IA can secretly hack into someones bank account to figure out the banking detail of that person in order to find out his financial transactions, this will help the investigation organization to collect evidences against some criminals. This could be considered as act of selfishness as that investigating department will collect evidences for their own good; however, it will help a large number of people (Rosas Koenigs, 2014). Therefore, this act is an act of universal egoistic ethics. However, in this case it is highly essential to take proper steps to stop the hacking incidents In order to stop the hacking incidents act of Utilitarianism must be applied which will allow take steps that will provide help to the people without causing any damage to other citizens (Lucas Galinsky, 2015). Some recommended methods of protecting the data while Wi Fi Hotspot are mentioned below, Using VPN: VPN is virtual private network which adds a layer of defence to all the information one sends. VPN actually encrypt all the information which make it tough for the hackers t hack it. Using SSL connection: Users must use the Secure Sockets Layer (SSL) at the time of entering any sensitive data in the website. This ensures that all the information is encrypted when it passes over onto the web. For example, websites that starts with http are secured with SSL. Users are recommended that they must not use any website that does not start with http. This might reveal all their information to a third person. Adding an effective Firewall: Users are recommended to protect their devices with a strong, personal firewall. They are also recommended that the firewall must be up-to-date with the best virus protection. It will make sure that no one will get their hands on the sensitive data of the user. Switch off Wi-Fi: When a user is not actively using Wi-Fi, the device still transmit data continuously between any network that is located within the range. Therefore, it is recommended that all the users must switch off their Wi-Fi connectivity when they are not using it. Integrated web filtering services: Internet is full of illegal, malicious and hacking sites. Even when a user is not surfing any of those sites, he can unknowingly enter any hacking sites through spam links and pop ups (Maggi et al., 2013). Therefore, it is important that the Wi-Fi service provider must use integrated web filtering services that will help to block those sites in the network. In this way, a user will be protected from fraud links that might force him to enter details such as credit card passwords in hacking sites. Web browser based on filtering services: Most of the times web service providers do not use integrated web filtering services to reduce the operational costs (Virvilis et al., 2015). In this situation, to make sure that the device is protected from hacking, users must use web browsers based on web filtering services. All of these above mentioned procedures are the act of Utilitarianism as it will do well for the users while creating no harm for any other people. From the discussion, it is clear that the jacking incident that is taking place in Australia is serious. People are losing their money rapidly. The public Wi-Fi hotspot is so vulnerable that even a cheap receiver is enough to break into some of the Wi-Fi hotspots. This act was compared with the egoism act of classical ethics theory (Garca et al., 2013). However, it is necessary to find out proper ways to come out o these issues. Some recommendations are mentioned that can help a user to protect his device from any type of hackings and tracking. These processes will be considered as act of Utilitarianism as it will help to keep interest of the users while doing no harm to any other people. Reference List Burgess-Jackson, K. (2013). Taking egoism seriously.Ethical theory and moral practice,16(3), 529-542. Dion, M. (2012). Are ethical theories relevant for ethical leadership?.Leadership Organization Development Journal,33(1), 4-24. Garca, J. M., Junghans, M., Ruiz, D., Agarwal, S., Ruiz-Corts, A. (2013). Integrating semantic web services ranking mechanisms using a common preference model.Knowledge-Based Systems,49, 22-36. Lucas, B. J., Galinsky, A. D. (2015). Is utilitarianism risky? How the same antecedents and mechanism produce both utilitarian and risky choices.Perspectives on Psychological Science,10(4), 541-548. Maggi, F., Frossi, A., Zanero, S., Stringhini, G., Stone-Gross, B., Kruegel, C., Vigna, G. (2013, May). Two years of short urls internet measurement: security threats and countermeasures. InProceedings of the 22nd international conference on World Wide Web(pp. 861-872). International World Wide Web Conferences Steering Committee. Rosas, A., Koenigs, M. (2014). Beyond utilitarianism: Maximizing the clinical impact of moral judgment research.Social neuroscience,9(6), 661-667. Virvilis, N., Mylonas, A., Tsalis, N., Gritzalis, D. (2015). Security Busters: Web Browser security vs. rogue sites.Computers Security,52, 90-105. Wright, J. C., Grandjean, P. T., McWhite, C. B. (2013). The meta-ethical grounding of our moral beliefs: Evidence for meta-ethical pluralism.Philosophical Psychology,26(3), 336-361.
Monday, December 2, 2019
Project Management and Project Alignment Strategy
Introduction Project management has been practiced mainly in the engineering and construction sectors. This is mainly due to the fact that tasks in these sectors have to be organized in a systematic manner if they are to yield the required results. However, since the 1990ââ¬â¢s, project management has gained prominence in other sectors as various firms execute their operations in forms of projects.Advertising We will write a custom critical writing sample on Project Management and Project Alignment Strategy specifically for you for only $16.05 $11/page Learn More As such, project management is no longer restricted to the creation of products but it has been used to facilitate business transformation as well as to business improvement during the implementation of strategies. The rapid rate at which project management is being applied in businesses is currently being referred to by business critics and commentators as the ââ¬Å"the projectification of societyâ⬠(Cicmil and Hodgson, 2006). As Hauc Kovac (2000) reiterate, ââ¬Å"Projectification in an organizational context has resulted in the apparent agreement that projects and project management are an efficient means of implementing organizational strategy.â⬠This paper shall discus this statement by reviewing relevant literature pertaining to this topic. To this end, a brief discussion exploring the content, limitations and potential problems brought about by strategic alignment of projects shall be provided. Brief overview of project management The Project Management Institute (PMI) defines a project as a temporary work effort that has ââ¬Å"a clear beginning and end that is intended to create a unique product or knowledgeâ⬠(PMI, 2004). Projects vary in size and they may involve the effort of a single individual or even hundreds of people working as a team. Project management involves ââ¬Å"application of knowledge, skills, tools and techniquesâ⬠so as to achieve the desired end-result (Cicmil et al, 2006). While small projects may be undertaken without necessarily applying project management, a significant project must involve project management. Experts agree that while good project management does not guarantee the success of a project, poor management invariably leads to a projectââ¬â¢s failure. For this reason, the project management component is very essential for any sizable business project. Projects and strategies Strategies refer to the overall plans and procedures designed to execute a particular goal or objective. Cleland and Ireland (2006), state that projects mainly dwell on the equipments, tools and techniques. The project manager must come up with a strategy that lays out how the various aspects of the project work together to yield the expected results.Advertising Looking for critical writing on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The al ignment of projects presents various opportunities and challenges. However, as Grant (2005) reiterates, the success or failure of any given project depends on the strategies formulated to facilitate in the implementation processes of each project. To this end, if an organization aligns its project in such a manner that the success of one project affects the others, there may be problems if cases of misappropriation of funds or failure to meet the set deadlines occur. Importance of project management Without PM, projects would be delivered late, have cost overruns and in most cases; the product would also be of inferior quality. Project management involves coming up with a plan so as to ensure that all the objectives are clearly stated and everyone involved in the project knows their role. Without such a plan, the project is bound to be delivered late and at a higher cost. Also, owing to the fact that the roles and objective are not clearly defined, the final product will be of infer ior quality. Project management involves balancing conflicting demands to ensure resources are optimally utilized to achieve the end-product. To achieve this, the Project Manager begins by clearly defining the objectives that the particular project aims to achieve and the scope of the project (Kerzner 2003). The project manager then develops a detailed schedule that contains the various activities that need to be undertaken and the resources that shall be utilized to fulfill the same. An organizational structure that highlights the duties and responsibility of each member of the project is also developed to ensure the effective management and implementation of the necessary work. Some of the main objectives of PM include but are not limited to: Defining the objectives and scope of the project Developing a schedule of activities and resources required Developing an organizational structure for the project Ensuring the commitment and backing by the project stakeholders It should be noted that no project can be successfully undertaken without the commitment and approval of the various stakeholders of the project, chief among them being the financiers and the senior management. The project manager will therefore set out to gain the approval of these important parties. Successful projects are characterized by having clear objective, good project plan and effective communication among the involved parties (Freimut, et al, 2001). Project risks All projects involve some measure of risk. Risks arise as a result of the uncertainties that are inherent in each project. One of the things which make risk management hard in all projects is that there is no standardized approach to dealing with risks (Norris, Perry Simon 2000).Advertising We will write a custom critical writing sample on Project Management and Project Alignment Strategy specifically for you for only $16.05 $11/page Learn More This is because no two projects are alike and as su ch, each project had its own unique environment and variables which leads to differing risks (Kerzner, 2003). To this effect, risk Management is normally ignored since most project managers deem it as unnecessary paperwork. This notion leads to aggressive approaches to dealing with problems that appear in the life of the project. Risk analysis and management Risk analysis and management involves the recognition that risks exist. It entails a thorough assessment of the project to identify what could go wrong. The concept of risk management involves conducting a detailed assessment of a particular project so as to identify significant things that could go wrong with the project. Norris, Perry and Simon (2000) assert that project risk analysis and management if properly undertaken increases the likelihood of successful completion of a project on time and within stipulated costs. Value of risk management By undertaking risk management, the project manager increases his/her control of th e project as risk management provides a framework which enables the future activities to be undertaken in a consistent manner (The Institute of Risk Management 2004). In addition to this, risk management stipulates that project risks be identified beforehand. This will lead to an improvement in decision making since the decisions will be based on facts. The efficiency with which the project will be undertaken will therefore be increased as project activities will occur in a consistent and controlled manner and capital and resources allocation will be efficiently performed. As such, risk management is important to projects because it provides a framework, through which the project activities can take place, improves decision making, planning and prioritizing, contributes to the efficient allocation of project resources and optimizes operational efficiency of overall project (KMPG 2002). Resolving risks The fundamental goal of risk evaluation is to be able to reduce or altogether, eli minate risk (Lycett et al, 2004). Once the risks involved in the project have been identified and subsequently classified according to their frequency of occurrence and the impact that their occurrence may have on the overall project, risk resolution activities should be undertaken. However, in most cases, the project team only has a vague idea as to the nature of the risk. As such, further research on the risk should be carried out for the project team to have an intimate understanding of the same.Advertising Looking for critical writing on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Some risks are inevitable in the project and they should therefore be accepted as a part of the project. The project team should however anticipate these risks and have measures put in place for dealing with the same. Some risks are deemed as being too high and for the project to proceed favorably, measures must be taken to mitigate the same and establish contingency plans in case the risks arise. These are the steps that should be followed in risk management: Research, acceptance, reduction and elimination (Barney Bennett, 2000). Strategic alignment of projects Archibald (1988) reiterates that project management has over the years been useful in ensuring the efficiency and subsequent success of projects. The author further states that project management has helped many managers formulate and implement various strategies which ultimately guarantee the success of a project. However, Anderson and Merna (2003) argue that the failure of most projects is as a result of poor strategic pl anning during the implementation phase. In addition, Cicmil et al (2006) reiterate that on average, 80% of failed projects are as a result of the managers failure to map out clear procedures and priorities regarding to a given project. According to Aalto (2000), strategic alignment of project refers to the process through which organizations select the projects to be accomplished within a particular period of time and prioritize their completion according to the available resources and their ability to remain aligned with the organizational resources. Thiry (2002) further contends that other organizations group their projects using a managerial framework. This enables the organization to space the projects accordingly thereby minimizing and chances of rippled failure (Maylor et al, 2006). Maylor et al (2006) define project strategy as the unique approaches a project utilize so as to achieve the set strategies of an organization. To this effect, project strategy acts as a link betwee n the proposed project plans and the organizations strategies. The authors further assert that the project strategy provides the rules that govern the behavior of the project team and ensures that they meet the deadlines within the given timeframe and budgetary allocation. However, it should be noted that there is a very distinct difference between project management strategy and project strategy. Anderson and Merna (2003) assert that project strategy refers to the executive plan that aims at achieving the set objectives of a given project while project management strategy refers to the strategic approaches used to manage a given project. In other words, project strategy refers to the directions that the senior management gives the project managers in order to meet the organizational objectives while project management strategy are the procedures, plans and policies that see the project to the end (Artto et al, 2008). Inherent problems to project management Measuring project progres s is essential in all projects since it gives the project team and manager control. However, there must be measurement metrics and unity between the strategies formulated by the project sponsors, the organization and the project managers which make use of project deliverables to measure progress. Morris Jamieson (2005) state that it is the role of the project manager to give detailed specifications to the team as regarding to the methodology and techniques that are to be employed during the collection and retention of project metrics. When there are many projects being conducted for the same organization, the project team may develop some conflicts of allegiance since there is no single strategy that can effectively be used for different projects. In addition, the business world is characterized by a high degree of dynamicity. To this effect, the organizational objectives may change in order to conform to the market and competition trends. If the projects are aligned to meet the or ganizational objectives, they may fail in the event of a drastic change (Hodgson Cicmil, 2006). This may lead to losses of an unprecedented scale. Consequently, the organization may end up loosing the trust and respect from the sponsors as well as a great market since the projects would be rendered useless. In regards to costs, projects often require a large amount of capital. If the project management team is inefficient, they may fail to follow the policies and procedures set by the senior management. This would subsequently lead to great losses that cannot be easily recovered. In addition, if the strategies stipulated by the senior management are inefficient, this would lead to the failure of the whole organization. Also, as Crawford (2005) explains, each project must have some unforeseen risks. This fact makes project very unpredictable. With this in mind, aligning projects with the organizations objectives may prove to be costly since failure of a project affects the overall p erformance of the organization. The project manager is expected to come up with a project plan which should explicitly specify the processes to be used to measure and control the quality of the work and the resulting work products (Couchman et al 2008). To this effect, handling many projects at once may invariable lead to confusion and corrosion of set objectives thereby affecting the success of the project as well as the quality of the results yielded. As Artto et al (2001) explain, some projects may require the attention of various departments within the organization. However, despite the fact that each department within an organization aim at achieving a common organizational goal, each has a set of departmental goals that have to be met. Bearing this in mind, cases where members from different departments may tacitly try to influence the project decisions such that they favor their departments. Project management tools that ensure successful alignment of projects To ensure succe ss in projects, there are vital tools that can be used to monitor and control the progress at each stage. This is especially important because most of sizable projects are complex and very sensitive. As such, any mistake no matter how tiny may lead to the failure of the project (PMI, 2004). Gantt charts Gant charts are used to asses the progress of a project. The X axis is the time scale over which the project will run and task is represented as a single horizontal bar. Activities which can run concurrently can be plotted on the same Y-axis while those that are dependent on the completion of others can not begin before the others complete (Jenkins, 2006). As such, each stage can be marked and the expected date of completion highlighted so that all members know what to do and when to do it. This ensures that the project resources are efficiently utilized which in turn avoids wastage of finances and resources. Pert Charts Pert charts are used to indicate project milestones and depende ncies. They are also used to calculate the critical path which is the set of tasks which have to be completed in time for the project to beat the deadline (Larsen, 2005). Pert charts show the longest path from start to finish. The milestones are marked as nodes with numbers and the critical path is from activity 0-2-4-6-9-10. Any delay in any of these activities will lead to delay in entire project. Most biotechnological projects require calculations and equations. There are various formulas that can be applied to come to an answer. Most projects fail because they lack options and if the main methodology fails, the project is therefore wasted. The pert charts provide the project team with options from which the most efficient can be applied. Conclusion Project management is an essential part of any substantial project and it involves planning, identification of risks and progress tracking. Risk management which involves addressing the risks attached to the project activities, is cru cial to the success of a project. In the end, it is the project managerââ¬â¢s obligation to assess the risks and make decisions as to the path that the project takes (The Institute of Risk Management, 2002). Due to the popularization of project management in the business realms, care should be taken by project managers to ensure that projects are successful. Even though the concept of project alignment is still at itââ¬â¢s preliminary stages, business entities should make an effort towards implementing it in their operations. Not only does it offer a competitive advantage to businesses, but it also improves productivity and performance within the organization. This is mainly due to the fact that the projects are synchronized with the organizations objective. As such, the success of a project also means the success of the organization in general. References Aalto, T. (2000) Strategies and methods for project portfolio management. University of Technology, Helsinki. Anderson, D and Merna, T. (2003) Project management strategy: Project management represented as a process based set of management domains and the consequences for project management strategy, International journal of project management, 21, 387-393. Archibald, R. (1988) Projects: Vehicle for strategic growth, Project Management Journal, 19, 31-33. Artto, Lehtonen et al. (2001) Managing projects front-end: Incorporating a strategic early view to project management with simulation, International Journal of Project Management, 19, 255-264. 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