Monday, September 30, 2019

Nursing Leadership/Management Role in Budgets Essay

Budgeting refers to a detailed financial plan for carrying out the activities an organization wants to accomplish between a certain amount of time to ensure that quality and cost-effective services are provided to their patients (Stafford, 2007). Many nurse managers/leaders cringe at the word â€Å"budget† due to the lack of training and support for that position and in many cases they are left on their own to get up to speed on all the business aspects for their department within the organization (Clarke, 2006). With the various types of budgets healthcare organizations use to monitor their financial status, it is essential for the nurse manager/leader to take initiative to understand these budget types since they are the closest to the patients and know exactly what is needed to provide quality of care for their unit. Types of Budgets The operating budget is a financial plan for the day-to-day activities of the organization and departments over a one-year period (Stafford, 2007). The expected revenues and expenses generated from these daily operations, given a specified volume of patients, are stated here. Each nursing unit is considered a cost center within the organization, with its own specific budget for personnel and supplies. The personnel budget, being the largest part of the operating budget, consists of multiple factors such as the average daily census, patient acuity, personnel required relating to full-time equivalents (FTEs), as well as productive and non-productive hours. The supplies include medical and office supplies, minor equipment, orientation and training, and travel expenses. Although budgets are based on assumptions, using the previous year’s expenses for personnel and supplies, helps the nurse manager/leader to accurately predict the next year’s budget. Lastly, the revenue budget is the final component of the operating budget which projects the income the organization will receive for providing care. Although nurse managers/leaders may not be involved in developing the revenue budget, having knowledge about it is essential for great decision-making. Another type of budget is the capital expenditure budget, which reflects expenses related to the purchase of major capital items (Stafford, 2007). Capital items are those that have a useful life of more than one year and must exceed a cost level specified by the organization such as $1000. If the item is below this cost, it is considered a routine operating cost. Capital items have a depreciated value, meaning that each year a portion of its’ cost is allocated to the operating budget as an expense and therefore is subtracted from the revenue. Healthcare organizations usually set aside a fixed amount of money for capital expenditures each year for items such as safety requirements, building renovations, and large equipment purchases such as monitors or x-ray machines. Nurse managers/leaders may not have authorization to purchase capital items within their budget but it is their responsibility to notify upper management within the organization the need for specific capital items and the reasoning behind it. Lastly, the cash budget, is the operating plan for monthly cash receipts and dispursements (Stafford, 2007). Organizational survival depends on paying bills on time to keep good standings amongst vendors. Although the nurse manager/leader may not be fully involved in preparing cash budgets either, it is helpful to know and nderstand when constraints on spending are necessary. Leadership/Management Role Nurse managers/leaders are challenged daily to be as cost-effective as possible and to do this, preparation is the key (Foley, 2005). The operating budget is the budget most nurse managers/leaders are responsible for and spend most of their time in managing their personnel and supplies (Stafford, 2007). Gathering information and planning for the average daily census, FTEs, patient acuity, etc†¦ is essential for developing their budgets and understanding the variances, the difference between the projected and the actual budget. Although a nurse manager/leader cannot control all variances, some can be controlled which is where the nurse manager/leader must step in to prevent these variances in the future. Another important role the nurse manager/leader plays is in collaborating with the nursing staff the budget for the unit as well as involving staff with budget monitoring activities to help foster the relationship between cost and the mission to deliver quality patient care for the organization (Stafford, 2007). Appropriate communication is the key, according to Brennan et al. (2008) to understand the financial aspect of the organization. Looking beyond numbers cannot be accomplished while sitting in the office and looking at spreadsheets. Regular, frequent, and focused conversations between staff and nursing executives are important for nurse managers to collaborate with to fully understand the budget (Clarke, 2006). If nurse managers/leaders do not learn to defend and negotiate their budgets, the finance departments within the organization will continue to drive the budget process and the quality of care for patients may be effected since they do not have the insight of the unit and patient’s needs as nurse managers/leaders do. Conclusion Nurse managers/leaders tackle countless responsibilities on a daily basis. Mastering the budget for their unit and for the organization is still one responsibility that needs work. Taking initiative and collaborating with all key personnel the budget plan for the unit is essentialfor nurse managers/leaders in creating an understanding amongst the unit as it relates to cost and patient care. Preparation continues to be the most important aspect of a successful budget process and involves nurse managers/leaders in collecting the appropriate data as well as monitoring, evaluating, and communicating any variances (Foley, 2005). Organizations are more effective and efficient at providing services when budgets are thoughtfully prepared and adhered to throughout the budget period.

Sunday, September 29, 2019

Elizabeth Austin Response

A Small Plea to Delete a Ubiquitous Expletive Response In this essay, Elizabeth Austin describes her feelings about the â€Å"F† word. She gives a detailed explanation on why it should not be used in the colloquial language. Austin first gives background knowledge about the â€Å"F† word and how it came to be as the word it is used now. Austin’s thesis is that the â€Å"F† word should not be used in any certain way. Austin first states that the word should be deleted from our use, but before that we must remove the people who use the word. â€Å"Let’s get rid of it.Scholars of social norms say all that’s necessary to remove offensive language from public speech is a critical mass of people willing to take up cudgels against it. † (Austin 6). There are tons of people who use the word and are not willing to get rid of it because they are so used to it. It is one of their words for colloquial language. Austin then describes how women went through different kind of words that described them. â€Å"â€Å"Produce and animals is what we were,† she recalls. â€Å"We were ‘chicks’ and ‘lambs’ and birds’ and bitches,’ and there was always the infamous ‘cherry’†Ã¢â‚¬  (Austin 6).She relates this to women because women were able to change the social norm of being called different things. Austin shows that since women can change the social norm, then society can get rid of the â€Å"F† word. Austin continues with the ways we can get rid of the language. â€Å"Police should start ticketing drivers who use the â€Å"F† word (or the correlating hand gesture)†¦The Motion Picture Association of America movie rating system should be overhauled to give an automatic NC-17 rating to any film that uses the â€Å"F† word even once. (Austin 8-9). Instead of just spreading the word, Austin thinks that we should take it into action. Actions are bigger than words. In the end, Austin concludes that we should reconsider using the word at all. â€Å"You can still use it as a punch line, if you like. You’ll just risk the freezing silence and icy glares now reserved for white people who use the â€Å"N† word in public. † (Austin 12). The reason why she says this is to make the readers feel warned or cautious about using it because it offends others around you.

Saturday, September 28, 2019

History of the Geology of Earth Research Paper Example | Topics and Well Written Essays - 1500 words

History of the Geology of Earth - Research Paper Example The earth has undergone very many physical changes on its geological features since its formation. The earth’s continents have been drifting apart for millions of years since their formation. 760 million years ago, during the initial stages of drifting, the earth’s continents had combined to form the Rodinia super continent. Around 600 million years ago, after rodinia broke apart, the continents drifted and formed Pannotia. Pannotia broke apart and the continents later formed Pangaea. Pangaea broke apart and the continents started drifting away from each other, 180 million years ago. The history of the geology of the earth is divided into chronological eras during which the earth had some outstanding characteristics and major geological events took place. This paper addresses the history of the geology of the earth. The Precambrian eon The Precambrian is the era began at the time of the formation of the earth and lasted till around 570 years ago. This period of time mak es up to about 90% of the earth’s geology history. In the initial period of the Precambrian, the earth was cooling down and it formed a crust that made its surface. The rocks that were formed were mainly volcanic and igneous intrusions rocks which were spread all over the surface of the crust. The Precambrian had three long eras, the hadean, Archean and the Proterozoic. The Hadean lasted almost 700 million years after the earth’s formation. During this period, the earth cooled down and there was the formation of the earth’s surface which was mainly composed of volcanic belts. The temperature of the earth’s surface was still very hot but it was gradually cooling down due to the reduction in collisions with huge rocks in the earth’s orbit. It is also during this period that the earth’s moon was formed. Archean is the era that followed. It lasted from 3900 to 2500 million years ago. The earth experienced tectonic processes that formed sedimenta ry basins on its surface (Stanley 55). The rocks dated from this period reveal that there was simple life; bacteria and algae fossils were present on the rocks. The proterozoic period, 2500 to 570 million years ago, was characterized by the formation of vast rifts on the earth’s crust. The rifts were filled with volcanic rocks as well as the sedimentary rocks from the sedimentary basins (Sasso 59). This period also saw the formation of seas in which a lot of iron minerals were formed. There was early life in the seas and the amounts of oxygen kept increasing in the atmosphere. In the proterozoic eon, the Rodinia super continent drifted apart and later the Pannotia super continent was formed. Glaciers also started forming on the earth’s surface in the eon. The Phanerozoic Eon This is the eon in which the earth is currently in. It wraps the geology history of the earth from 550 years ago to date. After the breaking of the Pannotia super continent, the continents drifted and recombined to for the Pangaea. Pangaea then broke into the current continents. The continents have been constantly drifting apart. The phanerozoic eon is also categorized into three eras, the Paleozoic, Mesozoic and the current Cenozoic eras. All these eras experienced significant geological changes of the earth (Zhao, Sun,Wilde & Li 94). The Paleozoic Era The Paleozoic era, 570 to 245 million years ago, marked the end of the ice age and the beginning of early life on earth in the seas. It

Friday, September 27, 2019

Marketing Mangement 3 Essay Example | Topics and Well Written Essays - 500 words

Marketing Mangement 3 - Essay Example Habitual: This book can be sold to people who like reading about their hobbies, that is cooking and gardening. For this segment, the book can be sold at original price with little more gardening or cooking tips added, so that these people won't think about buying the low price edition of the product. This segment can be effective reached by through advertising on TV channels which caters to the needs of these types of individuals, magazines or any other means which may reach them. Geographic: This book will be more effective for people living in these geographical areas where natural factors are conducive for farming or gardening. These people can be effectively reached by holding certain PR activities where they are told that their land is quite fertile and the book may help them well. Unemployed: This book will touch the aspirations of unemployed people as they have limited income to feed their family. This book will guide them of the techniques of feeding their families on low income and they will be attracted towards the book. This segment can be effectively reached by advertising in job search centers, job search magazine etc.

Thursday, September 26, 2019

Who Lost China Essay Example | Topics and Well Written Essays - 500 words

Who Lost China - Essay Example A loose coalition of Communists and Nationalists in China assisted by the United States and other allied powers had successfully defeated the Japanese forces. The failure to reach an agreement between the two principals, the Communists under Mao Dze Dong and the Nationalists under Chiang Kai Sheik led to a civil war ending in the loss of China to Communism in 1949. The loss of China was essentially the result of deterioration in Nationalist power and influence, inability of American foreign policy to influence events and long term antipathy towards aliens in the country. The Nationalist forces after years of corruption and misgovernance had lost the initiative in the country. The Nationalists lacked popular support, suffered from poor morale and a corrupt leadership. The deficiencies were mainly intrinsic to the Nationalist forces as has also been indicated in the White Paper published by the US Government in 1949.1 While they were not defeated on the battlefield their organizational cohesion which is a function of leadership, confidence and a will to resist had collapsed. The Americans supported Chiang who had lost considerable status as a national leader and the Nationalist Army was no match for the Communists due to break down of a will to fight. The Communists on the other hand could impose discipline and win over the people.

Wednesday, September 25, 2019

Analysis of Men Of Horror Movie Essay Example | Topics and Well Written Essays - 250 words

Analysis of Men Of Horror Movie - Essay Example Although Carl Brashear attains a chance at the navy school, in his New York Times article, Scot proves how education in a racism world does not favor him. His instructor, Billy Sunday, fails him and he ultimately opts to help his parents on the farm. He never despairs in his dream but hopes of success I future. He remains focus in attains his dream position as a master diver. Even when he hurts his leg during his training, he does not use this as an excuse but takes hurt in his mission. The article Jet, present how an aspiring doctor, who later becomes Carl Brashear’s wife, offers to sponsor his education and he uses this opportunity to prove his talent to the nation. However, his efforts do not get approval since another person rejoices his success. This depicts ignorance of the nation and lack of humanity. Despite all destitutions that come in his way, he perseveres and triumphs them all. His instructor ends up having a U-turn in his life. He faces demotion in work due to the success he offers Carl Brashear and ultimately ends up drinking and living a reckless life. In conclusion, although life is full of vicissitudes, an individual has to persist and have hope for the future. Persistence and determination in life are what gives a person the heart and strength to move forward in life. In order to succeed in life, an individual should set a goal and focus on achieving it no matter the consequences or hardships to face. Racial discrimination as a factor that deprives an individual the opportunity of achieving the desired goal should be banned in society.     

Tuesday, September 24, 2019

Q A. What do you think are the contributions of post colonial thinkers Essay

Q A. What do you think are the contributions of post colonial thinkers Q B. What quotes from the post colonial thinkers inspire you Q C. How can being of service make a difference in the world - Essay Example al forms of history and culture and the construction of new national identities based on specific local knowledges and histories.† This assertion led the colonized world to be conscious to reclaim the construction of true history and culture which was distorted by the colonizers. One of the prominent post-colonial thinker, Franz Fanon (1925-61) made it popular the branding of a certain type of people, the â€Å"Negro†, which were oppressed, discriminated upon which enabled postcolonial analysis to use a better and more accurate term â€Å"Ethnicity† which is â€Å"less reductive than the more physically based concept of race†. This lead to a more complex analysis and description of the struggle of a certain â€Å"ethnic† group reflecting and recognizing the social, cultural, and religious practices which helped to constitute the cultural identity and context of struggle of particular ethnicity. I find this important because this put ideas into proper perspective that not all colored skin monopolized racism and colonialism. The term â€Å"Negro† is bothersome because it homogenize everything that is colored and categorizes physical features as a marker of identity and it failed to recognize the diversity of cultures within the black community. B. What quotes from the post colonial thinkers inspire you? "explain:" Research two quotations from one or two postcolonial thinkers you have not mentioned in your previous discussion post. Interpret each of the quotes and what you have learned from these. "   ‘As I begin to recognise that the Negro is the symbol of sin, I catch myself hating the Negro. But then I recognise that I am a Negro. There are two ways out of this conflict. Either I ask others to pay no attention to my skin, or else I want them to be aware of it. I try, then to find value for what is bad - since I have unthinkingly conceded that the black man is the colour of evil. In order to terminate this neurotic situation, in which I am compelled to choose

Monday, September 23, 2019

Concept Comparison and Analysis Across Theories Term Paper

Concept Comparison and Analysis Across Theories - Term Paper Example Nursing theories contribute an important part of the profession and according to Mary and Patricia (2008), nursing knowledge includes theories, philosophies, research and practice wisdom of the discipline. In the nursing profession, acquisition of this knowledge is essential for guiding practice (CN, 2011). Nursing theory is a group of concepts, relationships, definitions and assumptions or propositions resulting from nursing models or other disciplines. The theory illustrates an intended and systematic view of phenomena through formulating particular interrelationships among the concepts, with objectives of describing, explaining, predicting and prescribing (Cowling, 2007). In this respect, knowledge structure in the nursing profession is studied in different headings, including nursing philosophies, conceptual models and grand theories, metaparadigm, nursing theories in addition to middle range theories and nursing theories. According to Fawcett (2000), conceptual model is a representation of the way of judgment about a particular problem or a method of representing the complexity of functionality of a particular aspect. One main defining characteristic of conceptual models is that they are not usually based on a particular nursing theory. In this regard, the models are usually based on various theories, which enhance comprehension of a particular nursing problem in a different setting or context.... Florence Nightingale’s environmental theory emphasizes on the role of environment in promoting cure and health to a person. According to environmental theory, the role of nursing is to provide fresh air, cleanliness or hygiene, warmth, appropriate diet and a silent environment to facilitate curative process of patient (Barrit, 1973). In reference to the theory, Nightingale considers a person in the nursing context as a patient served by a nurse and affected by environment and as an individual possessing reparative abilities (Fawcett, 2000). To promote health, the environmental theory recommends provision of necessary physical, psychological and social support to the patients. In this respect, environment forms the basic component of the theory. The theory consists of all environmental aspects including social, psychological, physical and all other external conditions that influence a person’s health. To ensure the maintenance of health, the environmental theory holds th at the healing powers within a person should be utilized to their maximum (Mary and Patricia 2008). This is achieved by deliberately controlling the physical, psychological, and social needs to prevent the occurrence of disease. In this respect, Florence Nightingale attributed the emergence of disease to nature, argued that ill health is reparative, preventable, and managed by controlling the relevant external and internal factors surrounding the patient (Florence Nightingale Museum). Therefore, according to the environmental theory, the focus of nursing professionals is management of the patient’s health and disease, whereby they should help the affected individuals regain health by providing a favorable environment. Faye Abdella’s topology of twenty-one

Sunday, September 22, 2019

Federal Poverty Lines Essay Example for Free

Federal Poverty Lines Essay The common issue concerning the annual Federal poverty levels that are universal for all the lower forth eight states are that the poverty level measures are limited. In other words, the poverty thresholds doesn’t represent a budget for basic necessities of life nor it addresses the supplementary amount   to allow for other basic needs such as household supplies, person care, etc(Madden, 182). Also, the federal poverty lines by family size do not use consumer expenditure data and it is not updates. It is not adjusted by family types and geographical differences in housing concepts. Problems with Absolute Federal Poverty Level Absolute federal poverty level is enumerates the numeral value of people below poverty threshold which does not depend on time and place (Madden, 183). In other words, it is constant. It is incorrect to calculate absolute federal poverty level because it is only possible because the amount of wealth essential for survival is not constant for all places and time periods.   For example, a person living Alaska requires more sources of heat because of its cold climate whereas a person living in Hawaii does not. As compared to absolute federal poverty level, relative poverty level is dependent on time and place (Madden, 183). Poverty Levels, Family Size and Cost of Living The federal government does not raise the poverty levels by family size to reflect the cost of living of a geographic area because the poverty threshold level varies from one place to another. The current poverty levels by family size are measured by comparing the individual’s family income to the essential amount necessary for standard of living (Rogers, 85). It has been used as the primary statistic by the U.S federal government to allocate mean-tested social welfare benefits. Expenses in NYC versus Other States New York City is considered to be the most expensive cities to live in. New York remains the most expensive city within United States. According to statistics, the median earnings of New York are more that sixty thousand dollars which is ten thousand dollars greater than the national median. The overall average living expenses in New York are more than one hundred and ninety dollars (Rogers, 185). Housing expenses are more than three hundred thousand dollars and secondary education is more than two thousand dollars as compared to the nation average. Other facilities are also expensive as compared to other states. For example, a person living in Pittsburg who earns fifty thousand dollars will need one hundred thousands dollars to survive in New York. Over all, living expenses in New York is twice as much as compared to other states. Juvenilization and Feminization of Poverty Juvenilization of poverty is has been derived from the word juvenile and poverty. Poverty is defined as the scarcity and deficiency assets, income, capabilities or freedoms. Juvenilization is associated with children. Hence, juvenilization of poverty means that children are deprived of basic necessities of life. According to statistics, one out of six children in United States suffers from poverty. Studies also show that more than thirty percent of children are living below poverty line although they make up more than twenty eight percent of the population. The term feminization of poverty has been originated from the definition of two words which are poverty and feminization. Feminization is the term which illustrates that gender partiality and bias in deprivation of resources, capabilities or freedoms. Hence, feminization of poverty is considered to be a concept which compares male and female and what are the differences or ratios between the two in terms of poverty levels. It represents the inability of women to meet the basic necessities of life. Personal Costs of Poverty and Problems with Federal Approach towards Poverty According to the data collected the U.S Census Bureau, the personal costs of poverty on family and children of four is $22,050 per year and for family of eight is $37010 per year and for every additional personal $ 3740 is added (Madden, 196). There are certain sets of specific policies and programs which are flawed because they cannot fight poverty. Aid to Families with Dependent Children has provided families with cash assistance but it comprises about one percent of the federal budget. AFDC polices have serious weaknesses which makes the poverty rate higher as compared to other countries. The weaknesses in the current policies can be classified into two broad categories namely, inadequate livable wage jobs and inadequate social welfare policies. The AFDC policies do not have policies which guarantee childcare for families who are living below two hundred percent of poverty. It doesn’t have policies which assist child support and low incoming individuals. Other problems include lack of workforce education and training programs, benefits and inadequate job policies. Social Work and Poverty and Modifications in Federal Policies As a social worker, I will apply my social work training in system to understand the nature of poverty and its origin. As a social worker, poverty must be combated at macro level so that poor families can afford childcare, housing, mental health treatment and education and employment opportunities (Rogers, 221). On broader scale, the first thing to help poor families would be through community organizing in poor neighborhoods. This can help in organizing the community’s asset and combine them with other resources to create and set up local structure which assist health, education and financial viability. This will empower the community residents to be active and support local initiatives. In order to reduce poverty, the federal government should recognize and produce measures to tackle issues of well being beyond the income status. The federal government should introduce a guarantee for child care for families living at or below two hundred percent of poverty in order to improve the quality of child care. It should also assist child support and fathers who have low incomes. In order to remove the future generation from poverty, the federal government should increase child support programs and adopt pragmatic policies for low income families. At the same time, workforce education and training programs should be introduced to assist low-income individuals to advance economically. The government should also improve job quality with the help of earnings, benefits and other predictable measures so that workers can meet both work and family responsibilities. Work Cited Madden, David. RELATIVE OR ABSOLUTE POVERTY LINES: A NEW APPROACH. Review of Income Wealth 46 (June 2009): 181-199.   Rogers, Harrell, R.. American Poverty in a New Era of Reform. New York: M.E. Sharpe, Inc., (2006).

Saturday, September 21, 2019

Psychology and Positive Reinforcement Essay Example for Free

Psychology and Positive Reinforcement Essay For this project if I had to design a study investigating the relationship between alcohol and violence, I would use the experimental method. The experimental method involves manipulating one variable to determine if changes in one variable cause changes in another variable. This method relies on controlled methods, random assignment and manipulation of variables to test a hypothesis (Cherry, n. d. ). The reason for this method is so I can put the test subjects in a controlled environment and monitor the affects of the alcohol and see if the alcohol consumed by the test subject allows them to display forms of violence. By using another method with the experimental method to get more results out of this study, I would also use survey research. Survey research is one of the most important areas of measurement in applied social research. The broad area of survey research encompasses any measurement procedures that involve asking questions of respondents. A survey can be anything that forms a short paper-and-pencil feedback form to an intensive one-on-one in-depth interview (Trochim, 2006). I would combine these methods to determine the outcome of the study and support my investigation of the relationship between alcohol and violence. For example, I would get four test subjects that would consist of two groups, two men and two women. I would have all subjects fill out a form that displays likes and dislikes and what makes them happy/ unhappy. I would then have one subject from each group would consume alcohol but all the drinks would be the color red each subject will be by themselves for the first hour in different rooms. After that hour they would be placed in room together and exam how the gamma-aminobutyric acid displays the affects of using their dislikes on their behavior after the consumption of alcohol. The strengths of this study would be finding the chemical in alcohol and what chemical inside of the human body that triggers the violent display. Also strengths for this method would be compilation of verifiable data and ethical compliance. But with all strengths you do have weaknesses; those weaknesses for these methods would be not having accurate reports for these methods and distortion of unreliable case studies. Also you may have test subjects that do not reflect the general population and him or her in fact have their own social issues that may reflect violence from the outcome of alcohol. The ethical consideration for this research would be no children, women that are pregnant, separation of a person with a criminal background and non-criminal background, test subjects are only to consume a certain amount of alcohol by their size and weight, and the test subjects are only to be tested in a controlled environment. The difference between negative and positive reinforcement is that negative reinforcement; is when a certain stimulus/item is removed after a particular behavior is exhibited. The likelihood of the particular behavior occurring again in the future is increased because of removing/avoiding the negative stimuli (Stangor, Chapter 7, 2010). For example: My son has choirs to do every day after school and does not like to do them. He does his choirs because if he does not he would not be able to play his video game. Positive reinforcement: is a very powerful and effective tool to help shape and change behavior. Positive reinforcement works by presenting a motivating item to the person after the desired behavior is exhibited, making the behavior more likely to happen in the future (Stangor, Chapter 7, 2010). For example: My daughter studied very hard on her spelling test and receive an A for passing it, for receiving that A on her test I gave her ten dollars for studying and doing a great job on her test. Using negative reinforcement on my son not doing his choirs helps him understand that you will not get anything in return for not doing your job after school. Using positive reinforcement for maintaining a positive path you will be rewarded for your accomplishments. The ethical standards are displaying a positive for doing something positive and a negative result for a negative behavior. For example, you cannot throw a rock at a car window and expect to get ice cream in return. That would be rewarding a person for doing a negative action. Also you cannot reward a person for cheating on a test by copying off of someone, excepting credit for someone else’s work instead of your own. When displaying these reinforcement methods it helps to create modifications of the behavior that’s displayed by the children from my example. When using these methods it creates a pattern for learning responsibility. Learning responsibilities helps form other positives paths to encourage a person to be more motivated nd become successful. The theory that best fits my psychological thought would be the behavior theory and also the developmental theory. The behavior theory also known as behaviorism is a theory of learning based upon the idea that all behaviors are acquired through conditioning. The developmental theory: Theories of development provide a framework for thinking about human growth, development, and learning (Trochim, 2006). The way I see psychology I believe that it starts with these theories first. Understanding human behavior and the development of behavior helps me better understand the mentality of people. Psychology is a very broad field that deals with all aspects of life, from a social stand point, economical stand point and environmental stand point. Psychology helps us understand why we do the things that we do, for example culture of honor. A term that is defined by responding to insults with aggression or catharsis observing or engaging in less harmful aggressive actions that will reduce the tendency to aggress later in a more harmful way (Stangor, Chapter 14, 2010). These psychological theories of behaviorism cannot be studied without developmental theories to help understand these patterns and create determination to why we do things. Give us a better understanding, in other words casual attribution; determining the causes of people behavior (Stangor, Chapter 13, 2010). Our social cognition is set to predict behaviors, but how can we predict behaviors if we do not develop ways to understand it. Basically prejudging or stereotyping these behaviors. It is nothing in psychology that would have me to believe that the research that is provided is not true. Everything that I have studied, I either have done or seen done; our attitude another behavior that we exhibit and in my opinion would be the core to behaviorism. It displays any feelings that we have towards people, work ethic, environment, and our social representation. First I would have to define the disorder by observing the dysfunctional pattern of thought, emotion, and behavior. Next I would exercise the bio-psycho-social model of the illness; to help me understand the disorder. Using the DSM-IV-TR, I would look for any psychological history and use of the Axis IV check for social or environmental problems, such as homelessness, divorce, school problems, or other stressors present. Also I would use Axis I and V to determine if this person is suffering from mood, anxiety, or learning disorders; is this person at risk of hurting him or herself and others (Stangor, Chapter 13, 2010). The disorder I have discovered that my client has is anxiety disorder. Anxiety disorder is a psychological disturbance marked by irrational fears, often of everyday objects and situations. The treatment I would use to help my client would be antianxiety medications; drugs that help relive the fear of anxiety. Also I would use biomedical therapies; treatments that are designed to reduce psychological disorder by influencing the action of the central nerves system. This method would involved the use of medication but also include direct brain intervention with electroconvulsive therapy (ECT0, psychosurgery, and transcranial magnetic stimulation (Stangor, Chapter 13, 2010). These methods of therapy would help my client be more at ease with their disorder. The ethical obligations of the psychological professionals would be that. Psychiatrists are physicians with specialized knowledge of mental illness and its treatment. Psychiatrists share the same ethical ideals as all physicians and are committed to compassion, fidelity, beneficence, trustworthiness, fairness, integrity, scientific and clinical excellence, social responsibility, and respect for persons. Psychiatrists endeavor to embody these principles in their diverse roles as diagnosticians, treating physicians, therapists, teachers, scientists, consultants, and colleagues (Principles of Ethics and Professionalism in Psychiatry, n. d. ).

Friday, September 20, 2019

How Logistics Improvements Affect The Economy

How Logistics Improvements Affect The Economy Define Logistics Management and explain how logistics productivity improvement affects the economy as a whole as well as the position of individual consumer. The definition of logistics management (LM) varies from company to company but the most comprehensive definition is given by Council of Supply Chain Management Professionals (CSCMP) as logistics management is the part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services and related information from the point-of-origin to the point-of-consumption in order to meet customers requirements (Council of Supply Chain Management Professionals, n.d.) Logistics Productivity Improvement and the Economy Logistics has become an enormously important component of the gross domestic product (GDP) of industrialized nations and thus affects the rate of inflation, interest rates, productivity, energy costs and its availability and other aspects of the economy as well. Ever changing business environment due to globalization, lead time reductions, customer orientation, and outsourcing has contributed to the interest in logistics (Hertz Alfredsson, 2003). The increase in global production sharing, the shortening of product life cycles, and the increase of global competition all underline logistics as a strategic source of competitive advantage (Arvis, Mustra, Panzer, Ojala, Naula, 2007). Moreover, in order to remain in competitive marketplace and earn reasonable profits, organizations interest in logistics has been increased. Logistics operations have become more efficient due to technological advancements which make it possible to deliver goods on time while reducing the cost involved. Global market access has been improved over the time with the advancement in technology and trade liberalization resulting in the economic growth and development of the countries. Patterns in the market competition situation are continuously dictating the supply chain flows (i.e. product, price and information flows) in a predictable, timely and cost-effective way. Global firms corporate decisions regarding which country to locate in, which suppliers to buy from and which consumer markets to enter are largely based on logistics costs, quality and service level. Therefore, the countries with higher overall logistics costs are more likely to miss the opportunity of globalization. Nearly every sphere of human activity is affected, directly or indirectly, by the logistics process. Certainly, the improved logistics is expected to have important economic effects. Lower logistics costs and services affect positively in production, distribution and trade and/or retail activities of the firms. Reduced/minimum logistics costs enable a production or distribution facility to serve a wider market area, with potential gains from economies of scale. It also means that a firm can draw supplies from a wider area with potential gains in terms of the cost and/or quality of parts and materials. Logistics costs include transportation costs, costs of owning and operating warehouses, ordering costs, and carrying costs of inventory (Consulting Decision-Economics, 2002). To understand, how logistics productivity improvement helps in boosting economic growth, the following Figure 1 represents how investments in transportation infrastructure (a sub-sector of logistics) can lead to g enerative effects and growth in the national economy. It can also be drawn that reduction in shipping costs and transit time and increase in schedule reliability can be expected to have significant impacts on inventory management at supply chain level. Figure 1: Transportation and the Economy Efficient Transportation Infrastructure Investment Increased Transportation Capacity, Efficiency, Reliability, and Level of Service Transportation Cost Savings Business Expansion (Relocation and Restructuring) Transit Time Savings (Reliability Improvement) Increased Competitiveness Increased Productivity Increased Economic Growth Source: (Consulting Decision-Economics, 2002) Consequently, the efficiency and reliability of the logistics system affects economic productivity which is the most important determinant of economic performance. Therefore, logistics industry is the artery and the basic industry of the national economic development in the world. Its development level is one of the important marks to evaluate the level of state modernization and comprehensive national strength. Logistics is the accelerator of the economic development and growth. The World Bank, with its professional and academic partners, has produced the Logistics Performance Index (LPI) to help countries develop logistics reform programs to enable trade and enhance their competitiveness. The LPI is a comprehensive index created to help countries identify the challenges and opportunities they face in trade logistics performance (Arvis, et al., 2007). Logistics Productivity Improvement and the Individual Customer In todays uncertain and changing business environment, firms must respond to changing customer need in order to remain successful. Customers expect many kinds of goods to be available with them whenever they need. When a person comes into a store with the expectation of having the desired item/article from the store and eventually walks away with or without it. If the item is either not available or in stock, there is a problem for both the retailer and the customer. The retailer loses business and the customer has to go another store/retailer for the item/article. The same situation applies to businesses buying supplies; it is costly to a business if it cannot obtain supplies when needed. To cope with this problem (i.e. stock outs) and to improve responsiveness to the customers businesses should carry inventory. But carrying inventory requires huge capital investments in constructing warehouses and insurance expenses to cover the risk of loss or damage. All of these costs are reduce d if inventory can be reduced. Inventory held in retail stores or at warehouses can be reduced if replenishment is fast and reliable. Firms that analyze their costs carefully, find that inventory and the number of warehouses can be reduced without loss of customer service by using more flexible and efficient transportation system. Such changes in a firms logistics set-up are sometimes referred to as a reorganization effect (Consulting Decision-Economics, 2002). Businesses are constantly under immense pressure to have enough stock to satisfy customers and to reduce the cost of carrying inventory as well. To accommodate these conflicting pressures, firms are left with no option but an efficient and effective logistics system enabling them reduced inventory costs while maintaining or improving the level of customer service (that is an increase in productivity). These productivity gains will not occur unless a firms management perceives that the logistics system is robust and reliable enough to support its plans. Zhang, Vonderembse Lim (2005) are of the view logistics flexibility and its components: physical supply, purchasing, physical distribution, and demand management flexibilities are related to each other and to customer satisfaction. Figure 2 portrays the relationship, how flexible logistics affects the customer satisfaction. Figure 2: Impact of Flexible Logistics Competence on Capability and Customer Satisfaction Flexible Logistics Flexible Logistics Competence Capability Physical Supply Flexibility Physical Distribution Purchasing Flexibility Demand Management Customer Satisfaction Source: (Zhang, et al., 2005) Logistics, as a business competence, deals with the attainment of customer satisfaction at the minimum level of (logistic) costs. Customer satisfaction or improved customer service, is reached as the suppliers of goods and services succeed in achieving the growing needs of consumers to deliver their products according to the ever emerging demands of the customers, not only with regards to the physical nature of these products, but also with regards to their demands of reliability and flexibility of the logistics organization. According to Lim Palvia (2001) a responsive and efficient logistics network helps the organization to satisfy their customers in a number of ways: Increase in product availability i.e. high order fill rate and promised delivery date Reduced order cycle time Reduced distribution system malfunction i.e. accuracy of billing and product delivery Distribution system flexibility Distribution system information i.e. notice of price change, new product information, shipping delay and order status information Improved post-sale product support Why has logistics been receiving more attention as a strategic function of the organisation? Discuss the key challenges faced by logistics today and identify what you see as the greatest area of opportunity for logistics, and explain why you chose this area. (Your answer should not exceed 2000 words). Logistics as a Strategic Function of the Organisation The strategic importance of logistics is well understood especially in organizations that identify customer service and not the physical product as the single output of any organization (Korpela Tuominen, 1996). For companies successful with logistics partners, a common factor overriding all others is the recognition that this business activity is an important part of marketing strategy (Bowersox, 1990). Braithwaite Christopher (1991) gave following reasons, why logistics is a strategic function for most of the organizations: Extended lead-times of supply Extended and unreliable transit times Multiple freight mode and cost options Intermediate component shipping with local added value Initially, logistics was considered to have a supportive role to primary functions of organizations such as marketing and manufacturing. But now they have stretched out to cover purchasing, warehousing and transportation activities, distribution, inventory management, packaging, manufacturing, and even customer service. More importantly, logistics management has evolved from a passive, cost-absorbing function to that of a strategic factor which provides a unique competitive advantage (Bowersox Closs, 1996). Companies committed to strategic use of logistics usually outperform the competition in speed and consistency of order cycle (Bowersox, 1990). Organizations do have some standards, they intend the customers to rely on and expect employees to adhere to. A product marketer for example, having 95 percent order fill rate, if want to increase it to 98 percent, will require a just-in-time or quick response inventory replenishment type of business strategy. Marketers will strive not only to consistently deliver complete orders to the customers at the time and location requested but also to expand the level of service to keep customers loyalty. By developing a high level of standards performance, the companies reduce the number of less-than-standard situations that have to be resolved. Moreover, high quality logistics service compliance is almost invariably less expensive than a procedure based on an expected percentage of failure that demands frequent correction (Bowersox, 1990). Advances in telecommunications and information technology have given companies the way to manage the physical movement of product over long, often circuitous, routes. Many carriers (for example DHL , FedEx and TCS Express Logistics in Pakistan) have invested heavily in track and trace systems to be able to establish the location of any consignment at any time, improving the visibility of the global supply chain to shippers and their customers. Also there is a growing competition among international companies to produce and deliver customized products and services fast and efficiently all over the world. Eventually, this will go hand in hand with an improvement of lead times to the extent that customized products have the same responsiveness as standardized products have now. Logistics has become a strategic function of the business organizations by providing competitive advantage through competence in delivery speed, reliability, responsiveness, and low cost distribution. Integrating logistics into corporate strategy has a greater effect on customer value than any other process, whereas, integrating logistics into overall organizational strategy is critical to reducing costs, entering new markets, creating customer service, and gaining competitive advantage. Logistics excellence has a significant impact on corporate profitability and firms can use logistics to create a competitive advantage. Key Challenges to the Logistics Today As businesses become more outsourced, virtual and as global customer markets expand along with the emergence of new regional supply capabilities, the need for improved skills of procurement and logistics as well as operational transformation becomes more acute. Organizations today face great challenges because the successful provision of many goods and services requires the effective integration of logistics activities across a complicating and lengthening supply chain. In recent years, most industries have recognized that substantial savings are available to companies that are able to coordinate and innovate within their logistics operations. Chiu (1995) identified following challenges, logistics systems are facing: Diversified products Short order cycle times Shipping in small quantities High frequency and reliability of deliveries Customer service orientation Low stock level and rapid inventory turnover Timely and accurate information requirements Cheong (2004) on the other hand, differentiated the challenges to logistics providers by their level of tangibility i.e. Logistics Network Configuration layer (most tangible), to Material Flow layer, to Information Flow layer, and finally to Relationship Management layer (least tangible) as shown in the figure. 3. Logistics network configuration is concerned with designing the optimal network to satisfy service requirements at the minimum cost and the challenges at this level consist of decisions regarding: number, size and location of warehouses; location; their links to the distribution centers; warehouse sizing allocation; and customer points. Second layer is material flow which refers to the movement of products from the upstream entities, via the logistics provider, to the downstream entities. Figure.3: Layers of Challenges Faced by Logistics Providers Source: (Cheong, 2004) At material flow level, the decisions on: inventory management; scheduling the transport; lot sizing; warehousing; and consolidating the products are the challenging areas of logistics management. Third layer is information flow, which refers to the flow of information throughout the supply chain and includes: order processing; information sharing; IT systems integration; Internet; and visibility. The final layer, the relationship management is concerned with performance measures and contract design. The biggest challenge in inter-company coordination is information sharing and the issue of trust (Cheong, 2004). Area of Opportunity The status of power in logistics industry is very much important in determining the future trends. In the USA, for example, the resellers and retailers have typically occupied a weaker power position in the logistics channel than the manufacturers whereas this has not been the case in Australia where the retail chains, particularly in the grocery industry, have always held the dominant position (Gilmour, 1993; Gilmour, Driva, Hunt, 1995). The opportunities for retail logistics are hence different from that of distributors. The most potential area of opportunity for overall logistics industry is information and computer technology in my personal view. Information and computer technology have had a significant impact on global logistics operations over recent years. Chiu (1995) identified five major information technologies which have become increasingly common in logistics: Point-of-Sale (POS) systems Bar Coding Electronic Data Interchange (EDI) Value-Added Networks (VANs) Electronic Ordering Systems (EOSs) In addition, there are some other terminologies i.e. Enterprise Requirements Planning (ERP), Warehouse Management Systems (WMS), Transportation Management Systems (TMS), productivity tracking software and Activity-Based Costing (ABC) software etc. which represent the status of IT in logistics. There are many examples of the use of WMS and other technology in warehousing, such as those systems installed at Hewlett-Packard, Malaysia Airlines, Texas Instruments, and Unilever Italia. Furthermore, there are some latest equipments as well, which are being used in warehouses and distribution centres including voice synthesizer and video text, to facilitate the receipt of an order; paperless picking warehouses using radio frequency (RF), and new transport equipments such as B-doubles scheduled and monitored by on-board computers facilitate the delivery of the order. Time-based competition has put the businesses under continuous pressure and to be successful in todays competitive environment the use of information technology has become obvious. Mentzer (1999) identified four specific strategies that organizations use in time-based competition: just-in-time (JIT), quick response (QR), vendor managed inventory (VMI) and continuous replenishment programs (CRP). Efficient consumer response (ECR) is another time-based competition strategy found primarily in the grocery industry that focuses on inventory replenishment, store assortment, promotion and product introduction. Collaborative, Planning, Forecasting, and Replenishment (CPFR) transfers end-customer information as far up the supply chain as possible to plan upstream supply chain activities such as distribution and production scheduling. The future of logistics development is subject to collaborative logistics and virtual or fourth-party logistics. Collaborative logistics is described as a model relying on real-time information which flows seamlessly amongst all parts of the supply chain. It is generally believed that collaborative logistics between companies participating in supply chain setups reduce the cost and increase the efficiency. Virtual or fourth-party logistics is described as third-party logistics providers who act as a general contractor of all logistics activities for an organization. In either of the situation, information technology has pivotal role in effective and efficient logistics. Identify the objectives of warehousing and explain different key performance indicators for all the Warehouse activities. (Your answer should not exceed 2000 words) Warehousing Objectives A warehouse is simply a commercial building used for the storage of goods. Warehouses are normally used by manufacturers, importers, exporters, wholesalers, transport agencies etc. Warehousing processes include receiving, put-away, order preparation/picking, dispatching and inventory management. In a warehouse, storing goods in an adequate space with the proper equipments by well trained personnel in a properly planned layout results in maximum protection of items (Tomkins, et al., 1996). So the objectives of a warehouse should be: Space utilization; Equipment utilization; Maximize human resources utilization; Reduce SKU handling and maintain required SKU; Minimize companys operating expenses; Accessibility of all materials; Protection of all materials (including companys assets); In order to achieve objectives of a warehouse business, the first step is to ensure right product, in right quantity, in right condition and on right time is received. Secondly, to allocate proper storage space to that inventory that maximizes the space utilization. Finally, while shipping an order, ensure right SKU, in right quantity, in right condition and at right time is dispatched. Moreover, the efficient and effective use of equipment and human resources is of prime importance. The size, architectural design, configuration and location of the warehouse, are also the major determinants of the success or failure of the company in chasing its objectives. Key Performance Indicators (KPIs) of Warehousing Warehouse management is an area where logisticians can focus to gain maximum efficiency for minimum cost. Usually organizations measure their performance by analyzing if the things are going in the right way or not, and if not, what were the causes of poor performance? The main instruments for assessing performance are key performance indicators (KPIs), the specific characteristics of the process which are measured in order to describe if the process is realized according to pre-established standards. Moreover, KPIs measure the business health of an enterprise and ensure that all individuals at all levels are marching in step to the same goals and strategies. Neely et al. (1995) defined performance measurement as the process of quantifying the efficiency and effectiveness of an action or activity. There are some other reasons too for measuring performance: for improving performance, for avoiding inconveniences before its too late, for monitoring customer relations, for process and cost control and for maintaining quality. Selecting and defining KPIs is not as easy as it sounds. In the current marketplace, while purchasing business intelligence (BI), enterprise resource planning (ERP), supply chain management (SCM), customer relationship management (CRM) or business performance management (BPM) systems, there is the dilemma of choosing only few KPIs from the several hundred (or thousand) metrics that are included in the package. Key performance indicators (KPIs) reflect strategic value drivers rather than just measuring business activities and processes. Key performance indicators help aligning all levels of an organization (business units, departments and individuals) with clear targets and benchmarks to create accountability and track progress. Furthermore, they accelerate collaborative planning across the organization to ensure that everyone is operating from the same playbook. The success of any performance management program is thus dependent on selecting the correct KPIs. Selection of the wrong KPIs can result in sub-optimized results. While selecting KPs, it should be bore in mind that although all KPIs are metrics, not all metrics are KPIs. The trick is discerning between the two. In a study on performance measurement of a manufacturing warehouse, Birkholz (2004) used warehousing KPIs based on business processes: receiving, put-away, storage, order picking and shipping/dispatching. Warehousing KPIs were classified into five categories: financial, productivity, utilization, quality and cycle time. A summary of all the warehousing KPIs is given in Table 1. Table 1: Warehouse Key Performance Indicators Financial Productivity Utilization Quality Cycle Time Receiving Receiving cost per receiving line Receipts per man-hour % Dock door utilization % Receipts processed accurately Receipt processing time per receipt Put-away Put-away cost per put-away line Put-aways per man-hour % Utilization of put-away labor and equipment % Perfect put-aways Put-away cycle time (per put-away) Storage Storage space cost per item Inventory per square foot % Locations and cube occupied % Locations without inventory discrepancies Inventory days on hand Order Picking Picking cost per order line Order lines picked per man-hour % Utilization of picking labor and equipment % Perfect picking lines Order picking cycle time (per order) Shipping Shipping cost per customer order Orders prepared for shipment per man-hour % Utilization of shipping docks % Perfect shipments Warehouse order cycle time Total Total cost per order, line, and Item Total lines shipped per total man-hour %Utilization of total throughput and storage capacity % Perfect warehouse orders Total warehouse cycle time = Dock-to-stock time + Warehouse order cycle time Source: (Birkholz, 2004; Frazelle, 2002) Krauth et al. (2005) classified around 130 indicators used for assessing warehouse performance, such as storage surface, storage volume, storage racks, number and characteristics of docks, pallets per hour, pallets per square meter, opening hours, and assistance with customs etc. Liviu et al. (2009) grouped key performance indicators for warehousing into three categories: Inventory Management, Warehouse Performance and Order Fulfilment. The summary of these warehousing KPIs is given in Table 2. Table 2: Key Performance Indicators (KPIs) of Warehousing Inventory Management Measure Calculation Damaged Inventory (min.) Total Damage (lei) / Inventory Value Days on Hand (min.) Avg. Month Inventory (lei) / Avg. Daily Sales/Month Storage Utilisation (max.) Avg. Occupied Sq. m. / Total Storage Capacity Dock to Stock Time (min.) Total Dock to Stock Hrs. / Total Receipts Warehouse Performance Indicators Orders per Hour (max.) Orders Picked or Packed / Total Warehouse Labour Hrs Items per Hour (max.) Items Picked/Packed / Total Warehouse Labour Hrs Cost per Order (min.) Total Warehouse Cost / Total Orders Shipped Cost as % of Sales (min.) Total Warehouse Cost / Overall Sales Order Fulfilment Indicators On-Time Delivery (max.) Orders On-Time / Total Orders Shipped Order Fill Rate (max.) Orders Filled Complete / Total Orders Shipped Order Accuracy (max.) Error-Free Orders / Total Orders Shipped Order Cycle Time (min.) Actual Ship Date Customer Order Date Perfect Order Completion (max.) Perfect Deliveries / Total Orders Shipped Source: (Liviu, et al., 2009) Inventory Management measures are generally concerned with decisions regarding optimum level of inventory to be maintained. A higher value of Damaged Inventory indicator shows less effective inventory management. Days on Hand indicator shows the level of inventory in hand into number of days it will serve. It will have a lower value if contracts with suppliers are renegotiated and if are kept only the ones who are able to deliver products fast. Storage Utilization indicator shows the level of space utilization, for example, number of layers of pallets per rack. It also describes how efficiently space has been allocated to storage, dock and office. Dock to Stock Time indicates the efficiency of warehouse operations and its value can be reduced by introducing portable barcode readers and a barcode software. By solving the space related problems, both the issues related to product entry time and preparing them for delivery will be shortened. Warehouse performance indicators simply represent the operational efficiency and contribution to the overall profitability of the organization. A maximum value of Orders per Hour and Items per Hour is desirable while a minimum value for Cost per Order and Cost as % of Sales is likely to lever the profits of the organization. Order fulfilment indicators represent the firms operational performance as well as its responsiveness to the customers. A maximum value of On-Time Delivery, Order Fill Rate, Order Accuracy and Perfect Order Completion and a minimum value of Order Cycle Time shows a higher level of customer satisfaction, efficiency and contribution to the company profitability. Warehousing key performance indicators (WKPIs) can be used with benchmarking to indicate the overall state of warehouse operations. These are the meaningful measurements which can be referenced periodically to analyze the current financial, productivity, quality, and cycle time status for a warehouse facility. However, in addition to all the key performance indicators (KPIs) mentioned in Table 1 and 2, a tool is still required to automate processes in order to maximize the use of warehouse resources. This is where the integration of information technology becomes a key component in warehousing. Information technology is a key to improvement when considering world-class warehousing practices. In nutshell, performance indicators are useful for identifying the problems related to warehouse management and abnormal values of the indicators can be used to develop an efficient control system for a warehouse. The basic use of the concept is, it helps in identifying the causes of the problems and hence to diminish their impact or eliminate the causes, before is too late. It is true what is measured is managed, and, conversely, what is not measured merits little or no attention. Answer the below given questions (Each answer should not exceed 200 words): How is logistics related to the marketing effort? The marketing effort is based on the achieving organizational goals while focusing the target customers more efficiently and effectively than competitors. McCarthy (1981) popularized the idea of the marketing mix of price, promotion, product and place, the later (i.e. place) is directly related to logistics management. In providing the product to its right place, logistics plays an important role. The place component of the marketing deals a lot with customer service provided by a business, undertaking such tasks as on-time delivery, high order fill rates and consistent transit times. A product or service provides satisfaction to its customer only when it is available to the customer when and where it is needed. Furthermore, how logistics operations affect the major elements of marketing mix can be easily understood from the following figure. Product Price Promotion Place Customer Service level M A R K E T I N G Inventory Carrying Costs Transportation Costs Lot Quantity Costs Warehousing Costs Order Processing and Information Costs L O G I S T I C S Product is the set of benefits or utilities or characteristics which a customer receives as a result of its purchase. In order to increase sales or due to some other strategic decisions management may decide to lower

Thursday, September 19, 2019

Who was the most helpful during the Great Depression Essay -- essays r

The Great Depression had battered the nation and the economic situation was desperate. During Herbert Hoover’s presidency, more than half of all Americans were living below the poverty line. Herbert Hoover was an idealist that believed Americans could reach their potential and so he felt that intervention by the federal government would repress the American potential. Roosevelt understood the suffering of his countrymen and introduced economic reforms to alleviate the effects of the depression. First, Roosevelt tackled the most pressing crisis: the bankruptcy of the banks. Since the start of the Depression, 11,000 of the nation's 25,000 banks had failed, and millions of Americans had lost their life's savings. Roosevelt realized that if he kept the banks open, panicked depositors would withdraw their money and more banks would fail. On March 5, FDR declared a three day "bank holiday." While programs like the CCC helped ease the immediate pain of the Depression, Roosevelt worked to effect more permanent changes on the economy. In May, Congress passed FDR's Agricultural Adjustment Act. The AAA provided aid to farmers who decreased the production of goods, which, the president hoped, would cause farm prices to rise. Roosevelt sent Congress his National Industrial Recovery Act, which set fair-practice codes for business and industry, established minimum wages and maximum hours, and gave labor the guaranteed right to bargain collectively. The bill quickly became law. I n... Who was the most helpful during the Great Depression Essay -- essays r The Great Depression had battered the nation and the economic situation was desperate. During Herbert Hoover’s presidency, more than half of all Americans were living below the poverty line. Herbert Hoover was an idealist that believed Americans could reach their potential and so he felt that intervention by the federal government would repress the American potential. Roosevelt understood the suffering of his countrymen and introduced economic reforms to alleviate the effects of the depression. First, Roosevelt tackled the most pressing crisis: the bankruptcy of the banks. Since the start of the Depression, 11,000 of the nation's 25,000 banks had failed, and millions of Americans had lost their life's savings. Roosevelt realized that if he kept the banks open, panicked depositors would withdraw their money and more banks would fail. On March 5, FDR declared a three day "bank holiday." While programs like the CCC helped ease the immediate pain of the Depression, Roosevelt worked to effect more permanent changes on the economy. In May, Congress passed FDR's Agricultural Adjustment Act. The AAA provided aid to farmers who decreased the production of goods, which, the president hoped, would cause farm prices to rise. Roosevelt sent Congress his National Industrial Recovery Act, which set fair-practice codes for business and industry, established minimum wages and maximum hours, and gave labor the guaranteed right to bargain collectively. The bill quickly became law. I n...

Wednesday, September 18, 2019

Romeo And Juliet Why They Died :: essays research papers

Romeo & Juliet Essay Romeo and Juliet is about two young lovers born of different rivaling families. The two lovers fall in love only too find that their families are enemies. Romeo wants to stop at nothing to have Juliet his love. The feud soon causes their deaths and many others hurt.   Ã‚  Ã‚  Ã‚  Ã‚  In the beginning the feud is reignited by these simple lines: “If you start a quarrel I’m ready. My master is as good as your master. (I, i, 44) This brought Benvolio in to the fight. Benvolio tries to stop the fight but Tybalt the hot headed Capulet attacks him. Montague and Capulet charge at each other swords defining each other. The Prince arrives and orders them to stop. He threatens the Families with their lives. With this the Feud is rekindled.   Ã‚  Ã‚  Ã‚  Ã‚  In Act II Benovlio, Mercutio, Romeo crash the Capulets party. Romeo spots Juilet for the first time and is awe struck by her beauty: That I never saw real beauty until tonight (II, V, 53) Tybalt over hears this and is enraged: That man has the voice of Montague. And he tries to attack Romeo but Capulet hold him back. Romeo and Juilet finally meet and fall in love. Later the Famous Scene between Romeo and Juliet happens. Being irrational they ran to get married. This will cause a lot of problems to come.   Ã‚  Ã‚  Ã‚  Ã‚  Act III is the feud climax. Mercutio dies by the wound inflicted by Tybalt after they meet and fight over Romeo. Romeo tried to stop them but he couldn’t and the sword of Tybalt went under his arm and sliced Mercutios breast. Tybalt ran away after the death of Mercutio. Romeo is sadden and realizes his love for Juliet has blinded him. Furious over his friend’s death he slays Tybalt when he returns. The Prince arrives after Benvolio told Romeo to run. Benvolio tells the Prince what happened and the Prince orders Romeo’s banishment: Romeo killed him but Tybalt killed Mercutio. Who to pa the price of Mercutio’s death. All are grieve stricken for now they relize how deadly there conflict has become.   Ã‚  Ã‚  Ã‚  Ã‚  Act V is the end heart broken from her sons banishment Lady Montague dies. Capulet is forcing her to marry Paris Nobleman and relative of the Prince. Juliet not wanting to marry him goes to the friar Lawrence and asks for advice. The Friar gives poorly given advice and tells her to drink a potion that will feign her death for 42 hours.

Tuesday, September 17, 2019

Importance in policy developments

AbstractionThe construct of hazard has assumed extreme importance in policy developments is several subjects. There is a broad scope of literature on hazard in several Fieldss runing from scientific disciplines to humanistic disciplines. This construct means different things to different people depending on how it is perceived. Risk perceptual experience is a consequence of several factors and this has deductions for policy development. This paper attempts to specify the significance of hazard and its building in some contexts. It besides explores a few instance surveies on how human perceptual experience, prejudice, communicating and civilization can hold impacts on the effectivity of hazard direction.IntroductionIn the last two decennaries, public concern about the construct of hazard of has been given extended media coverage with frequent contentions. Every twenty-four hours we are warned about unseeable jeopardies, clime alteration, diseases and toxic waste etc. We worry about da ngers in the workplace, in our places and even about the nutrient we eat. Most human existences engage in several signifiers of unsafe ventures and this fact has prompted research workers to try happen out how people understand hazard. Everyone seeks to pull off hazard because we do non cognize for certain what the result of events will be ( Adams 1995 ) This merely means that in any given state of affairs, an inauspicious result may or may non go on and causative factors skew the chances of diverse results ( Graham and Rhomberg 1996 ) Based on this, hazard appraisal has become a moneymaking subject affecting a web of complex and controversial procedures of measuring uncertainnesss, pass oning information about possible hazards and developing controls or extenuation steps. The rating of hazard requires interpretative opinion in the face of technological and scientific and societal contentions. The construct of & A ; lsquo ; hazard ‘ has become important to the field of policy development within several subjects such as Agriculture, Medicine, Business and Natural Hazards etc. Broad footings like hazard direction presume an appreciable degree of apprehension of the construct of hazard and how it can be measured. I t besides assumes some degree of understanding on how it should be managed. These decisions are based on bold premises. There exists huge literature on hazard covering a broad scope of Fieldss in both scientific disciplines and humanistic disciplines. All these angles can and make lend to a better apprehension of how hazard is constructed, perceived and managed by experts. This paper attempts to research the assorted definitions of the significance of hazard, and how hazard is constructed and used in some context in order to hold a better apprehension of how human perceptual experience, prejudice, heuristics, communicating and civilization impact on the effectivity of hazard direction. Hazard is a really wide construct so and its enormousness should non be underestimated. Hazard touches on the most profound facets of Psychology, Mathematics, Statistics and History. Literature on hazard is monumental and each brings up new countries of involvement ( Bernstein 1996 ) The designation of cardinal issues relevant to policy shapers and interest holders interested in issues associating to put on the line analyses and hazard direction is really of import. Effective hazard direction requires appraisal of inherently unsure events and fortunes, typically turn toing two dimensions: how probably the uncertainness is to happen ( chance ) , and what the consequence would be if it happened ( impact ) . While unambiguous models can be developed for impact appraisal, chance appraisal is frequently less clear. This is peculiarly true for undertakings where informations on hazard chance from old undertakings is either non available or non relevant. The credibleness and value of the hazard procedure is enhanced if informations are collected with attention, taking the clip and utilizing the tools that are needed decently to develop information based on judgemental inputs. Conversely, the procedure is undermined when chance appraisal appears to be entirely subjective. It is hence of import to be able to measure chance with some grade of assurance.DEFINITIONS AND CONSTRUCTIONS OF RISKHazard is a normally used term. It has been technically and convent ionally defined as a combination of the chance, or frequence, of happening of a defined jeopardy and the magnitude of the effects, should that jeopardy or event occur. This definition attempts to inquire how frequently a peculiar potentially harmful event is traveling to happen and the effects of the happening ( Harding 1998: 167 ) This definitions appears rather simple. However, the definition of the construct of hazard has been and is still contested. In recent old ages, the construct of hazard has assumed more importance than was antecedently the instance. Hazard has been defined in figure of ways but is frequently seen as the likeliness that a individual will see the consequence of danger ( Short Junior 1984 ) Economists view hazard as a manifestation of lower incomes or higher outgo that expected. This can be a consequence of several factors. For illustration, the sudden hiking in the monetary values of natural stuffs used for production, the backsliding of a deadline for the building of a new installation, breaks in the procedure of production, the loss of cardinal forces, the alteration of a political government or even natural catastrophes etc ( Luhmann 1996: 3 ) Hazard is besides seen as the combination of the likeliness of an happening of a risky event or exposure and the strength or badness of the impact that can be caused by the event or exposure ( OHSAS 18001 2007 ) . That is Risk = ( Probability of event happening ) ten ( Impact of event happening ) . This attack to the construct of hazard has become common today in Fieldss like atomic power and the chemical industry. The term & A ; lsquo ; Risk Society ‘ was proposed by Ulrich Beck in 1992, in placing a signifier of catastrophe hazard associated with industrialisation and utmost extremely improbable, risky events. This place assumes that we are in a state of affairs of really low chance of earnestly awful events. ( Douglas and Wildavsky 1982: 39 ) . This conceptual displacement it peculiarly important because it has deductions for policy shapers if the more negative perceptual experiences of the term hazard, assume widespread social position. Another angle of perceptual experience sees risk as being a map of the chance of the specified natural jeopardy event and the exposure of cultural entities ( Chapman 1994 ) . It has besides been seen in industry as being equal to the merchandise of frequence and effects. This definition suggests an outlook of system failure. Risk direction on the other manus is about guaranting that events that happen frequently must hold low effects, or events that have serious effects must be rare. ( Ballad 1992: 100 ) This attack is consistent with the construct of a preset degree of hazard which can be managed. The assorted positions and perceptual experiences of hazard lend acceptance to the fact that hazard is non something that can be subjected to objective quantification or a individual definition, but is instead socially constructed. It can be referred to as a human construct borne as a consequence of the demand to understand and get by with the dangers and uncertainnesss of life. Although these dangers are existent, there is no such thing as existent or nonsubjective hazard. For illustration the atomic applied scientists risk estimation of a atomic accident is likely based on theoretical theoretical accounts with subjective construction and inputs based on sheer premise. There are several angles from which hazard can be viewed. Let us see an attack that considers a three tier system of identifying, measuring and incorporating hazard. This method assumes that hazards exist out at that place and are to be found and dealt with. Management of hazard here involves taking the right stairss and theory helps in this way. This can be said to be the hypotheses behind both traditional and the more recent critical literature and it believes that the designation of possible hazards is the critical first measure in pull offing them. ( Smith et all 2001 ) Another school of idea believes this nonsubjective construct of hazard is erroneous and is endangering in its rigidness. This nonsubjective position of hazard supposes that hazard can be wholly controlled. It besides suggests that on completion of the digest of the list of hazards, the theoretical undertaking is complete and the direction facet is following in line. The combination of these factors leads to the creative activity of a false sense of security that may take to redundancy of the portion of directors which in itself constitutes an even bigger hazard. The societal school of idea believes hazard is socially constructed depending on societal understandings and on different perceptual experiences. It should nevertheless be ascribed to peculiar scenes or state of affairss to do it existent. Sociological literature sees hazard as a construct developed through human actions and that there are dangers that could be avoided. Hazards are consequences of actions that are neither necessary nor impossible ; they are contingent and depend on human actions. ( Thompson 1985 ) All constructs of hazard have a common factor, which is a differentiation between world and possibility. The nature of hazard becomes clearer when one differentiates it from related constructs of uncertainness, danger and opportunity. Uncertainty refers to the deficiency of cognition of the hereafter, merely put, it is unknown. Uncertainty is closely related to hazard and theories ‘ associating to behaviour, uncertainness in psychological footings is seen to be a critical spell between of human response in state of affairss of unknown results. Uncertainty is psychologically constructed and it exists merely in the head of a individual whose cognition is uncomplete. Afterall, if cognition was complete so there would be no uncertainnesss. The contrast between danger and hazard is based on the fact that danger is seen to be out of the control of the determination shaper while hazard can be affected to an extent. A clear differentiation is that hazard refers to action while dangers are nonsubjective entities beyond human control. ( Somen 1993: 130 ) Opportunity is seen as portion of hazard and can stand for potentially positive developments. This merely means hazard is taken with the cognition that the consequences could convey about possible benefits or losingss. The rating of the construct of hazard and the ensuing action depend on the perceptual experience of hazard. ( Lytinen et all 1998: 235 ) The degree of control that the determination shaper appears to hold about the result of an event is one factor that influences hazard perceptual experience. The more control he appears to hold, the less terrible the hazard is perceived to be. If hazards depend on perceptual experience, so they become subjective and so they become hard to exteriorize. ( Beck 1986: 103 ) The fact that we do non cognize what the hereafter holds weakens the constitution of a complete list of factors. A important displacement in the societal building of hazard is the fact that chance is now seen as portion of the construct of hazard. Some definitions discuss menaces and losingss while others that represent this displacement include chances in their definitions. ( Smith et all 2001 ) Based on these, hazard can merely be spoken of with mention to peculiar scenes. They can non be absolute but curious to peculiar scenes or state of affairss.RISK PERCEPTION AND MANAGEMENTThere has been a big sum of research carried out on the perceptual experience of hazard by worlds, how they live with it and pull off it. The angel of hazard perceptual experience finally determines the method of direction. This merely means hazard will be managed based on the position from which it is viewed. Hazard perceptual experience refers to the subjective opinions that people make about the features and badness of hazard. It is largely used in mention to natural jeopardies, environment and wellness. The major theories developed in the country of hazard perceptual experience are the psychological or heuristics, sociological and cultural attacks. The survey of hazard perceptual experience was borne out of the fact that experts and laic people likewise disagreed on how hazardous engineerings and natural jeopardies truly were. Risk perceptual experience appeared on the phase of policy development as a really of import construct in the 1960 ‘s. It was implicated as a chief determiner of public resistance to engineering, most notably to atomic engineering. This resistance was borne out of fright of dangers to the environment every bit good as catastrophes that the creative activity of radioactive barrens could convey approximately, but other early illustrations can be given every bit good ( Martin, 1989 ) . In Sweden and Norway, Parliamentarians now devote about three times every bit much attending to put on the line issues as they did in the first half of the 60 ‘s, as reflected in their submitted private measures. Several efforts were made to manage the hard state of affairs that the unexpected public resistance to the new engineering had caused. ( Sowby 1965 ) proposed that comparings should be made between different sorts of perceived hazard. His thought was that the hazard involved with, smoke, driving a auto or utilizing public agencies of conveyance was far higher than that of exposure to atomic accidents. This nevertheless had really small consequence in doing people accept atomic engineering hazard. A deeper probe of hazard perceptual experience revealed that people were willing to accept hazard to the extent that they were tied to benefits ( Starr 1969 ) . This attack gave rise to involvement in & A ; lsquo ; Risk Management ‘ and an waking up of involvements in how people perceive, tolerate and accept hazard. Risk perceptual experience now became an obstruction to determination devising, because people came to believe hazards existed where they truly did non. This was the positi on of the experts and the dissension between the populace and adept perceptual experience of hazard is the root cause of the jobs that have plagued hazard direction. Several bookmans have attempted to analyze hazard perceptual experience in greater item. In the 1970 ‘s, a group of psychologists became interested in happening out how people reacted with respects to put on the line. They carried out experimental surveies of chancing and in this field an effort was made to specify hazard as an abstract construct and to mensurate it by agencies of a psychological graduated table ( Lopez 1995 ) . This attack says something about how people react to lotteries but small or nil about inquiry of hazard policy that was the chief concern of determination shapers. Risk Management can be considered to be the designation, appraisal and prioritization of hazard followed by co-ordinated and economical application of resources to minimise, proctor and command the chance and/or impact of unfortunate events or to maximise the realisation of chances ( Douglas Hubbard 2009 ) Hazards can come uncertainness originating from assorted beginnings such as undertaking failures, recognition hazard, natural causes or catastrophes, accidents etc. Risk direction has besides been defined as the civilization, procedures and constructions that are directed towards the effectual direction of possible chances and possible inauspicious effects ( Standards Australia 1994: 4 ) . Several hazard direction criterions have been developed including the Project Management Institute, National Institute of Science and Technology, ISO criterions etc. These criterions vary widely harmonizing to the whether the hazard direction method relates to project direction, security, industrial procedures, fiscal portfolios, public wellness etc. Risk direction schemes include turning away of hazard, reassigning hazard, cut downing the negative impacts of hazard and accepting all or some of the impacts of a peculiar hazard. In an ideal hazard direction procedure, a prioritization procedure is carried in which the hazards with the highest impact and chance of happening are dealt with first while those with a lower chance of happening are dealt with afterwards. Practically, this can be really hard to transport out. Balancing hazards of high and low chances of happening can be really tasking and is frequently mishandled. Intangible hazard direction on the other manus identifies risks with really high chances of happening but have non been identified due to a deficiency of cognition by the directors or determination shapers. In a state of affairs where insufficient cognition is applied to a state of affairs another type of hazard referred to as & A ; lsquo ; cognition hazard ‘ is borne. This state of affairs proves fatal to put on the line direction attempts. Another type of hazard arises as a consequence of uneffective coaction between directors and or determination shapers and is referred to as & A ; lsquo ; relationship hazard ‘ Certain facets of criterions developed for hazard direction have come under unfavorable judgments because they are believed to hold no mensurable effects on hazard even though there has been a pronounced addition in assurance in determinations. Risk direction is seen as a critical portion of effectual direction. However, due to the deficiency of communicating and corporation between practicians in assorted Fieldss, a common apprehension of this construct is nonexistent. This has lead to a multi dimensional apprehension of the construct ( Kloman 1996 ) . This poses a large job for the development, constitution and acceptance of hazard direction as it is a really wide topic with several diverse subjects and subjects ( Lipworth 1996 ) . The development of a hazard direction frame work in isolation is likely to be uneffective unless determination shapers are committed to the integrating of the model to all concern activities and maps. This is done through the acceptance essentials elements like construction, scheme and civilization ( Smallman 1996 ) . This construction provides a general and consistent model for any organisation to develop a hazard direction map. The AS/NZS hazard direction frame work is a good illustration of such a models It is really of import here to advert that attention should be taken in the acceptance of a peculiar hazard appraisal or direction attack. Standardization should non direct or order peculiar methods as this would be unwanted, unrealistic and finally hamper wider credence ( Kloman 2000 ) . Several factors can straight impact on the effectivity of the procedure of hazard direction. The most outstanding of these factors are civilization, which to a great extent shapes perceptual experience and prejudice, heuristics and communicating. Culture is a wide term with a broad scope of definitions. However for the intent of this paper, we will specify civilization as the entirety of the ways of life of a people. With respects to an administration, civilization can be seen as a construct that describes the shared corporate values within an administration which influences the attitudes and behaviors of its members. Safety civilization is a portion of the overall civilization of the administration and is seen as impacting attitudes and beliefs of members in footings of wellness and safety public presentation ( Cooper 2000 ) . From several surveies, it has emerged that direction was the cardinal influence of an administration ‘s safety civilization. It was found that employees ‘ perceptual experience of direction concern towards safety, production and planning was the most utile agencies of mensurating an administration ‘s safety clime. This depends mostly on the interaction between direction and employees ( Thompson 1998 ) . A good illustration of how safety civilization can impact on effectual direction of hazard can be seen in the atomic power works detonation that occurred in Chernobyl, Soviet Union in April, 1986. This event demonstrated the ruinous hazards involved in the most advanced engineerings of all time created by worlds. Harmonizing to probes carried out, it was discovered that the detonation was as a consequence of human action ( Reason 1987 ) . A hapless safety civilization was prevalent at the works and this was reflective of the Soviet society at big. Both the Chernobyl works and its institutional context operated a civilization that had become unsighted towards the jeopardies inherent in atomic engineering. Communication with mention to put on the line refers to a procedure of sharing and interchanging information about sensed hazards between assorted cognition holders, determination shapers including research workers, technicians, directors, members of the populace, governments, media and involvement groups. The exchanged information can associate o the being, nature, signifier, likeliness, chance, badness and steps of response or other facets of hazard. Risk communicating is largely required when determination shapers do non keep all the information about the hazard in inquiry in order to do informed determinations. The motive for hazard communicating may change. It may be that determination shapers require more information in order to do determinations or that the public being cognizant of the hazard pro actively engage determination shapers in an attempt to acquire more information on doing informed determinations. There is an pressing demand to understand how members of the public perceive hazard in order to efficaciously pass on information refering to hazard. In the instance of terrorist act for case, communicating is really of import because any major information must be accompanied by instructions which must be followed by the generalization of the populace. Public hazard perceptual experience is greatly influenced by trust and as such credibleness is possibly the most important factor of hazard communicating ( Heldring 2004 ) . Trust is even more of import when communicating information about jeopardies or hazards that the percipient has really small cognition about. Possibly one of the greatest challenges confronting hazard communicators is integrating or showing the uncertainness in hazard estimations. Hazard comparings are typically given as point estimations, with really small or no indicant of variableness or uncertainness involved in the estimations of hazard. Harmonizing to most risk communicating counsel, hazard messages should non minimise uncertainness or information spreads, and countries of dissension among experts should be mentioned. The degree of assurance in hazard estimations should besides be discussed ( NRC 1989 ) . In the instance of the September 11 bombardments for illustration, unequal communicating may hold been the most powerful individual factor responsible for this incident. American security bureaus fed the populace with what they felt they needed to cognize alternatively of really affecting them in the determination devising procedure. In most instances, information passed to the populace may hold been manipulated to warrant determinations made by authorities and security bureaus. Naturally, this may hold built up misgiving in public perceptual experience about the existent presence of the hazard of terrorist act.Hazard REGISTERA hazard registry is a tool used within hazard direction for undertaking planning and hazard appraisal in the designation, analyses and direction of hazards. It contains information on identified and collected undertaking hazards identified by the undertaking squad in the appraisal of sensed hazards. It comprises a broad scope of contents and recommendations hav e been made by different professional organic structures such as Project Management Body of Knowledge ( PMBOK ) amongst others. Individual administrations besides provide their ain tools used as hazard registries because it is developed in relation to a specific activity or program. Typically, a hazard registry comprises, a hazard description, the impact should it happen, the chance of its happening, inside informations of planned response, extenuation steps or stairss taken in progress to cut down chance and or impact should the event occur and the ranking of hazards harmonizing to perceived precedence. There is nevertheless no standard list of constituents to be included in a hazard registry as contents can depend on the program of the squad, administration or individuals involved. It is recommended that a hazard registry be reviewed on a regular footing most particularly when come oning to the following phase of the hazard appraisal undertaking. The creative activity, care and use of a hazard registry are advantageous to project direction. A & A ; lsquo ; hazard evaluation matrix provides ‘ a speedy overview of hazard appraisal information derived from a hazard registry. An illustration of a hazard registry used by my group for a hazard appraisal undertaking is attached. The affiliated registry was developed by my group in the appraisal undertaking carried out to describe sphere specific edifice jeopardies, menaces and hazards in relation to the Lanchester library of Coventry University. The assessment attack used was considered equal based on the fact that group members agreed on both the contents of the hazard registry and on sensed hazards in different section associating to the edifice. It must be mentioned nevertheless that different hazard appraisal attacks work good in different state of affairss. Each of these attacks has its strengths and failings. This fluctuation displays the broad assortment of sentiments on hazard appraisal. There is a broad assortment of hazard hiting systems from qualitative to quantitative which efficaciously address a assortment of hazard appraisal attacks. There is nevertheless no indicant that one hazard appraisal attack is better than the other.DecisionRisk direction can no longer be viewed as an independent tool associating merely to fiscal or concern activities. It is most valuable when applied across several disciplined in a holistic mode. Bringing together all hazard appraisal attacks with common foreparts and using them in a robust mode. Institutions and administrations manage their personal businesss on a day-to-day footing and hazard direction is frequently seen as non adding value. Its application is now deriving more evidenc es as administrations now identify a sense of intent by doing usage of hazard appraisals. This has lead to its acceptance in the internal control systems of such administration and has greatly assisted direction in informed determination devising, improved communications and better apprehension of the hazards in and controls in their concern. The existent challenge nevertheless, lies in the integrating of the hazard profile into the strategic and be aftering corporate rhythm of these administrations.MentionsAuditor General Victoria ( 2003 ) & A ; lsquo ; Managing Risk across the Public Sector ‘ . Government Printer, Melbourne. Kloman, H.F. ( 1996 ) & A ; lsquo ; Risk direction criterions ‘ . Risk Management Reports [ online ] 23, ( 2 ) Available from[ 10 January 2010 ] Kloman, H.F. ( 1996 ) & A ; lsquo ; Risk direction: approach of age ‘ . Risk Management Reports [ online ] 23, ( 3 ) Available from[ 10 January 2010 ] Lipworth, S. ( 1996 ) & A ; lsquo ; Risk direction at the bosom of good corporate administration ‘ . Executive Accountant 23, ( 4 ) 7-8 McNamee, D. , Selim, G. ( 1999 ) & A ; lsquo ; The following measure in hazard direction ‘ . The Internal Auditor 56, ( 3 ) 35-8 Standards Australia ( 1999 ) & A ; lsquo ; Standards Australia AS/NZS 4360 Risk Management ‘ Standards Australia, Sydney. Sj & A ; ouml ; berg, L. ( 2000 ) & A ; lsquo ; Factors in hazard perceptual experience ‘ . Hazard Analysis 20, ( 1 ) 1-12. Lyytinen, K. , Mathiassen, L. , Ropponen, J. ( 1998 ) & A ; lsquo ; Attention Shaping and Software Risk- A Categorical Analysis of Four Classical Risk Management Approaches ‘ . Information Systems Research 9, ( 3 ) 233 – 254 Smith H. A. , McKeen J. D. , Staples D. S. ( 2001 ) & A ; lsquo ; Risk Management in Information Systems, Problems and Potentials ‘ . Communicationss of the Association for Information Systems, 7. Beck, U. ( 1992 ) Hazard society: towards a new modernness Theory, civilization & A ; society. London: Sage. Bernstein, P.L. ( 1996 ) Against the Supreme beings: The singular narrative of hazard. John Wiley: New York. Thompson, Paul B. ( 1985 ) & A ; lsquo ; Risking or Bing Willing: Hamlet and the DC-10 ‘ . The Journal of Value Inquiry 19, 301- 310 Douglas, M. , Wildavsky, A. ( 1982 ) Hazard and Culture: An Essay on the Selection of Technical and Environmental Dangers. University of California Press: Berkley Harding, R. ( 1998 ) Environmental decision-making: the functions of scientists, applied scientists and the populace. The Federation Press: Sydney Wikipedia ( 2008 ) Risk Register [ online ] available from[ June 2008 ]