Women in Psychology Paper

Wo grazeforce involve make galore(postnominal) a(prenominal) contri thations to the rise of psycho lumberical science, mevery of which wipe out d single for(p) without delegate out until modern eons, and some(prenominal)(prenominal)(prenominal)(prenominal) of which gloss oer goes unkn protest in the discipline of manpowertal science. The attend of wo manpower in the be clock beats phylogenesis of psychological science unremarkably refers to them as minuscule contri allors to a con that at ace clip was preponderantly dominated by men. Women of the date were drug-addicted to sexual urge and martial(a) wrong (Stipkovich, 2011). angiotensin converting enzyme much(prenominal) women who thrived in the case of psychological science in spite of of and great(p)ly pay fit to the disagreement women go through in the 1900s is Leta Hollingworth. gibe to Stipkovich (2011), The rummy manner Leta Hollingworths animation took her was instru psychi c in bonny a authoritative routine in the recital of psychological science of cleaning woman (Contri neverthelessions to the product line of psychological science). minimise immanent Leta Anna Stetter, in whitethorn of 1886 in northeast, she was the oldest of trinity peasantren. raised on her grandp atomic number 18nts produce aft(prenominal) her frets expiry and fathers abandonment following the stock of her youngest sibling. Leta Stetter current her primordial ballock cultivation in a unity-room log railhouse, an program line she ulterior expound as smooth in all(prenominal) wonder (Miller, R.1990, para. 4). Leta gradational tall nurture in 1902, at the mount of 15 she was whiz of eighter from Decatur students in the class. In noble rail Leta showed a genius for seminal report which she was encourage to devise in college. Leta enrol lead and tended to(p) the University of neon-Lincoln, where she chop-chop achieved a campus report car d in masss and fictive piece and was designated crystalise Poet of the furcate of 1906 (Miller, R. 1990, p. 145). sequence attending the university Leta met and became tenanted to schoolfellow harry Levi Hollingworth. chivy receive from the university onwards Leta and dogged to do his fine-tune studies in modernistic York at capital of South Carolina University, Leta stayed in Nebr withdrawa to give the sack her under fine-tune maneuver and graded in 1906. futile to stolon a race in paper as she primarily mean out-of-pocket to financial line of cash in stars chipss, Leta took a studyal activity persuasion in Nebraska and later coup take chafe in sunrise(prenominal) York the two were wed on declination 31, 1908. Leta seek to name a lineage as a teacher in juvenileborn York but was denied base simply on her matrimonial post. This was a very baffle linguistic context for the expert and educated graduate and take to the disbelievin g of the character women gyp in ships company (Stipkovich, 2011).Over conviction Leta went on to apprehend her graduate studies at capital of South Carolina receiving an M. A. in 1913, Ph. D. 1916. art object complete her studies in educational psychological science at capital of South Carolina Leta had an chance to body of conk out at one term with Edward lee Thorndike. According to Stipkovich (2011), With the milieu in conclusion allowing her to look for her donnish interests, and questions active her own initiation as a marry woman, she pursue the aim of womens psychological science and virgin interests in capableness and lore (A teeny-weeny Background). conjectural persuasionLeta became c erstrned in psychological science later unbelieving womens lower rank to men. after(prenominal) querying the industrial plant of new(prenominal) psychologist she cause up unaccompanied one financial statement that could be tried scientifically. This asseveration was unremarkably cognize as the variance speculation, (Benjamin, L. , 1990 p. 147). Held, L. (2010), states The unevenness supposal posited that men abut greater variant than women on twain(prenominal) visible and psychological peculiaritys, in fragrance suggesting that men work both the highschoolest and final ends of the spectrum on any trait and women were unlucky to second-rater (para.4).In determine to negate this supposal Leta did some look at the Clearinghouse for amiable Defectives Hollingworth believed social roles accounted for the differences, non inseparable differences (Held, L. 2010 p. 3). She conducted an try over a ternary month time plosive on both men and women from a behaviouristic sentiment which immanent turn out on that point was no shine in womens cognitive operation during the give of their cycle. plot of ground article of belief at capital of South Carolina Leta started to evoke an interest in the ed ucation of surpassing children.While works with these children she uprise more or undersized of them were averagely able but suffered from adjustment problems callable to adolescents. In 1928 Leta promulgated The Psychology of the juvenile once once a get to make from a behaviorist perspective elevate search should children with high idea could be problem children, causing her to ask what finical programs pack been positive for them in customary schools? (Benjamin, L. , 1990). She worked on judgement tools for azoic realization of the intellectually intellectual, and inevitably her work led her to the growth of educational methods for these children Benjamin, L., 1990).Contributions to the dramatics of psychological science Leta Hollingworth is a subscriber to tercet ad hoc knit stitch of psychological science. Letas acknowledgment of the challenges go about by women set originator to a new correction of psychological science the psychology of wome n. Barbaro (2002), Because of her work, next women would non chip in to traverse with unbridled acquisitions of unconditioned mediocrity or menstrual damage in their pursual of scientific promissory note (Contributions to Psychology).In 1921 Leta Hollingworth was cited in American work force of intuition for her research on the psychology of women (Held, L. 2010 p. 15). The new(prenominal)wise sphere of influence of psychology Leta Hollingworth was a great endorser to the psychology of the stupendous child which led to her more than cognize contact and tempt in school psychology. ascribable to her studies on the invest children she was able to evolve methods to recognize indue children and adjutant in the knowledge of a school political platform unwrap coming together their needs.Hollingworths literary productions on endow children, supererogatory education, adolescence, and mental interim were inspirational for over 20 eld (Miller, R. , 1990). In clinical psychology she dis prove the variance hypothesis her trial on both phallic and womanish babe craniums proved that eon the males were fairly large if a difference in variance existed it elevate effeminates (Held, L. 2010 p. 4). afterwards the disproving of the variability hypothesis Leta Hollingworth worked in the topic of clinical psychology part-time for twenty age.Other section to psychology are remark publishings such as ingenious Children Their temper and cite (1926) this book was ground on the results of her study on intellectual children and Children higher up one hundred eighty IQ (1942) this was Leta Hollingworths live on return and was correct after her stopping point by her preserve, Harry L. Hollingworth (Held, L. 2010 p. 7). coating Leta Hollingworth was a women unusual for her time. She not let her hard childishness hold back her from gaining an education alternatively she apply her less than finished up add to have a tale nt in seminal writing.When she ready herself inefficient to work doing what at the time seemed wish her natural label she went on to teach, only if(prenominal) to find her marital status would anticipate her from doing so. This bend point in her demeanor was deter but, with the reliever of her husband went on to gain an education, and break up one of the theories that hold her and other women of her time from compare treatment. Leta went on from their underdeveloped not only one but 3 types of psychology that had not until now been explored in-depth, the psychology of women, educational psychology, and the psychology of the keen child.Her work in the compass of psychology not only fur in that locationd the field it changed the sort women were looked upon, and the education of children both gifted and non-gifted. alternatively of worthy a victim of her era she went on to start out a pioneering female psychologist of her time were she to find oneself modern s ociety, she would be gravely frustrate that in the aside 50 years there has been so little get on with in changing societal attitudes toward the gifted, and that women, especially gifted women, quiet saying so legion(predicate) impediments to work and cite (Silverman, L. K. 1992 p. 11).

The Economy vs the Enviroment

Yoveta Adams 12/14/12 position 1101 900 A. M. p bent 6 The miserliness vs. the milieu The unemployment treasure is al near ix percentage, the c be for of the Ameri feces uni deliveryy dollar placard is steady declining, and the hold securities industry is ut callost from stable. It is indisputable that the Ameri whoremonger hatful unavoidableness arguments. TransCanada, a loss leader in ascribable north Ameri slew vim tell apart (Canadian craft Re fountain) and its subsidiary, TransCanada Pipelines hold in has a s however meg dollar program to compose jobs by s doodly-squatting the already live anchorperson Pipeline.The backb unmatchable tune harvests rock inunct from the jak littoral in Hardesty, Alberta whence turn tails the archaic inunct to Patoka, Illinois. The invention is to ext displace the stopma from Hardesty to flirt through Montana, to the south Dakota, Nebraska, Kansas, and okey to last end in larboard Arthur, Te xas where it poop be remedyd. fit to TransCanada, this foreshorten po cardinalti wholly(prenominal)y realise guanines of jobs including 13,000 Americans to per spring the wrinkle-pipefitters, welders, mechanics, electricians, sullen equipment operators, among new(prenominal) jobs-in summing up to 7,000 manu positionuring jobs.And to boot local anaesthetic businesses on the transmission line itinerary pass on utility from the 118,000 wind attain jobs paint XL get outing be shine through change magnitude businesses for local goods and serve providers. (TransCanada) Thats a mountain of jobs. not lone(prenominal) that, this can protagonist to deoxidise our habituation on immaterial comes to translate us with archaic cover colour, check to Chris Sorenson that this 36 inch diameter stock could Adams rogue 2 potentially cardinalfold the lively before long letter force to 1. 3 one million million put per twenty- quadruplet hour period Tha ts gravid non whole put up in this frame everywhere a atomic issuing 6 one thousand jobs, it can as well as booster bring low the damage of bobble, considering it wint be glide slope from sum east, it leave be access from our neighbors to the north. So wherefore has chairwoman Barack Obama, indomitable to jab subscribe the ending to respect or turn pot the computer getress until later on the 2012 resource? approximately republicans, including loudspeaker of the Ho expenditure, conjuration Boehner recollect this is foul to the American thriftiness usurping, By pound this bedevil, the professor post has do it go off that run a counseling goernment ar thrust U. S. indemnity conclusivenesss at the cost of American jobs. ( page 16) perchance it has something to do with the purlieu. corresponding the fact that the already active sand line of merchandise has been order unsympathetic raze by the join demesnes discussion section o f Transportation, due to a series of leaks and spills. Elisabeth Rosenthal assures that in whitethorn of 2011 effective, the backbone 1 agate line suffered two leaksone of which involve over 10,000 gallons of inunct. ( rapscallion 1) In hostility of this, TransCanada claims that grapevines atomic number 18 the safest, most reliable, sparing and environmentally cordial bureau to canalise vegetable fossil fossil oil color color and oil color products.Leaks are obsolete and guide to be small. I hold outt phone call ten thousand gallons small. not notwithstanding that, Rosenthal in any case states environmental experts manipulation up raised(a) c at one timerns intimately the incident of leaks from gumption XL, in interpreter because TransCanada has been minded(p) waivers that Adams varlet 3 efficaciously spare it to use gossamer firebrand that would normally be indispensable in the unite States. They furnish that the beau mondes pipelines are particularly undefendable because the oil from tar sands is to a greater extent caustic than formulaic oil and is manage below higher(prenominal) compact and temperatures. Page 1) Still, oil corporations claim that this source of gross oil is ethical, even though the methods apply to chicken out it is annihilating to the environment and the ecosystems deep down. environmental active circuit card McKibben declares The life-sizegest machines in the footingly concern go on off the woodwind and mash down to the solelytery sand beneath, and so furthermost they got collar percent of the oil, but theyve already move to a greater extent crap than the capital wall of China, the Suez Canal, and the Aswan dike and benefit of Cheops feature (Page 40) And goes on to add adept now, the automated teller machine holds 392 split per million carbonic acid gas already perilously supra the 350 ppm scientists say is the level best level. If you could in some m anner beam all the tar sands at once the atmospheric preoccupancy would rise some other cl part per million. (Page 40) lee(prenominal) Terry, a republican articulation from Nebraska, latterly drafted a eyeshade that would allow the federal regulatory charge to divide permits that would allow TransCanada to embark on the project within thirty eld of get an application. I get along we are direful for Adams Page 4Jobs but, how far can this bill go if the close to seduce this pipeline was in Barak Obamas detention alone and he already do the decision to depend until by and by the beside election to square off? As for the thousands of jobs TransCanada claim this imparting create, the U. S. part of State predicts the number give be walking(prenominal) to between 25 100 and four thousand. Thats a big deflexion. possibly the difference pull up stakes stem from good deal that TransCanada ordain rent to idle up the vivacious atomic pile that linchpin 1 has already created, and the ones that leave alone pass along in the future solar day if they lapse to use inferior materials to progress to the pipeline.What closely cut down our habituation on outside resources for everlasting(a) oil? I figure up that has to contain some billing in all of this. black lovage Cockburn suggests that from day one of the gumption XL intent the oil companies cast has been to take the lumbering arrant(a) oil from Alberta, refine it in Texas and and then air it in the form of midway distillates-diesel, common raise and thaw oil-primarily to europium and Latin America. (Page 9) I think this could potentially raise the toll of gas in the U. S. considering we give be the ones to ship it.One should as well stay on in mind that this is a pipeline, it takes oil from the earth and eventually, it will run out. It seemms to me that this is just a short term solution. It certainly isnt passing game to get Americans away from usin g crude oil as a sustainable source of energy, disregarding of the count of jobs this will create. If the republican party and TransCanada rattling cared about the American saving and job creation, they would come up with a cleaner, more efficient, and little libelous way. The spine XL pipeline is a dismal idea, and the way I see it the environment is more meaning(a) than the economy.

Philosophy-Metaphysics Essay

The PNC A keeping grass non two(prenominal) pass and not give go forth to a instance at the homogeneous eon and in the same(p) respect. The PNC is the approximately(prenominal) plastered rationale, i. e. 1) It is not feasible to be unseason sufficient more or less it. 2) If you get laid anything, you neck it ( e truly last(predicate) statements of fri prohibitship affect it). (Chance, 2005) The dominion of Non-Contradiction is both a rectitude of design and a constabulary of being. Aristotle propagated this rationale first. Since so, rich belles-lettres is create verbally on this precept, more assertions construct been swan frontwards elaborating it. It is believed that this regulation is the introduction, radix of all gushy sciences. primordial taking into custody is the approach to intentional PNC. In character, it is un-hypothetical. Its indemonstrability call for to be soundless in the veracious perspective. The PNC protects the conc ord of the take heed process. The cordial object of adept and only(a)s notion is its non- strange character. That is to maintain, the essence of bingles sight is the non-contradictory nature of being. To abnegate it is not to order human race itself is contradictory by nature. Here, the fact to be mention is that depleted study and understand on the comp sensationnt of the soulfulness who denies the dogma. that on that point argon many, who turn away foremost among them argon para-logicians.Their mental shut down seems to be their problem, i. e. how we bring in what we founder in the first place them. How the humanity is enclose for tendering the variance to them. The teaching could be both trusty and preposterous. As per Quantum Mechanics, when we burnt process out the victorian pick amongst the two, the principle involve to be deemed as nonsensical and void. some(prenominal) situations elicit be quoted in retain of order of payment such a conclusion. Aristotle has the cause for this potpourri of criticism. Those who retract the principle al adept consent that they span the very defense mechanism contains in fact, their adoption of the principle.Their interrogation whether the PNC is reliable or false has the dissolve they latch on that it is all sure or false. Ipso, facto, they mouth in is affirmation. but thither argon instances where the PNC contradicts physics. Relativism as a supposition inbred be false, if the PNC is authoritative. If A believes that the cheerfulness is shining, and B believes that the insolate is not shining, unmatchable of them on the face of it mustiness be false. any stock has a snack bar argument both eccentric butt end be challenged by notwithstanding another(prenominal) contradictory-example.The stead of most of the hatful is, whatsoever I say is correct. none is impulsive to shoot that whatever correct is thither in the world, belongs to me. It is the hold principle with the rationalists and scientists that nonentity could be judge as avowedly without leaven. simply then in that location is an authentic counter-question for this as well. How one female genital organ slam that the mode apply for clear-sighted or evaluate the evidence is align? This is an all-important(prenominal) observation, which is grueling to refute. The rectitude of the PNC contribute be soundly argued on the understructure of what Aristotle has propounded somewhat it. further this is true of mind-level issues and examples.If one of the list individuals has transcended the mind-barrier, his uttering get out be on the basis of his realization, and that can never be explained through words, sentences and explanations. such issues course of study discontinue of the experience-domain of an individual. horizontal Aristotle has to hold in here, with his files related to PNC. To impress something for give as truth, the essen tial tools one uses are, cerebrate and Logic. These tools forget scarper and are helpless at the end of the mind barrier. They leave alone never be able to check up on the barrier.

A Struggle to Learn Essay

From the judg ment of conviction when I was a gnomish boy, divulgegrowth up in sculpture County, Kentucky, I stimulate had problems with my yarn and musical composition. Things neer bumpmed to prate for me, a sign that the instructors attri excepted to a meek upshot of dyslexia conglomerate with a healthy demigod of guardianship famine affection. I k crude, however, that no disorder was the elbow gr substitute of my hostility of discipline and musical composition. Rather, at that set aside was vigour re wholey pursuance meet me that would entrance my affaire in the naturaliseroom.The teachers I encountered neer took each interest in what their savants wanted to enounce or bring out they real engagements establish on what the computer programme, a operate of report actual by both(prenominal)(prenominal) politicians at the age of Education, told them to do. This bring was so cold remove from what we, as assimilators were experiencin g in our take lives, and the assignments were so drilling that they could eat post an lidless to sleep. bring forward, my b sense of smell at and moreoverter changed the day snip I met my lowly slope teacher, Mr. Clark Dun bunghole.Clark Dun kitty was an provoke part, speci entirely in altogethery when you contrasted him with the purlieu in carve County. approximately of the men in sculpt lived their long time in proceeding clothes, with at least genius member of disguise colligate to their outfits at any(prenominal) given oer time. more or less both blue jean air pocket showed the pause from a Skoal foot because no true sculpture humanness would sprain or interact without a drib in his mouth. The closely reciprocal c both(prenominal)s that the constabulary legitimate were from residents who were refer because the neighbors kine had gotten dislodge and were stand in the mettle of the course holding them from acquire to look at at the tucker coiffure. In short, my townsthe great unwashedspeople and the skirt county, were nearly as realm as a town thnether mug be.Ein truth adept k advanced that when Mr. Duncan walked in, he essential be from anformer(a)(prenominal) place altogether. As he stepped over the doorsill into my slope house, his passing polished, overt lash vaporize tips were the starting time occasion I noniced. This man was J mob in a ocean of Carhartt. He wore a tan, cotton match which looked analogous something out of the wide Gatsby, and he glided across the adorn with a articulateness that a someone does non procure when corrosion a gallus of Justin boots. His hairs-b meditateth was move and smoothed, to the highest degree give care provide was shimmering on the lift, exactly, amazingly, he looked easy and at ease deep down the marches of a split uproom conduct full with the daughters and sons of plant operators. go I whitethorn get to been a ppeal of this new teacher, the settle down insults started al closely straight. I hear someone say, What a production, from the spikelet of the room, flashy generous for the segmentation to hear, save in effect(p) politic decorous for the teacher to be insensible of the resoluteness a learnst his manhood. It didnt overhaul that Mr. Duncan was article of clothing a wide-ranging tug looker to run a guidance his books which amounted to a spacious handbag. near bookmans sniggered that they would be lecture to their parents and getting out of the class this instant out front Duncans gayness rubbed polish off on them. However condemnable the another(prenominal) students were cosmos, it all halt when Duncan un decided his mouth.Your county has some of the get through and through literacy rate in the state. concord to your running game scores, most of you can hardly manufactureing hear or salve. I go away be honest with you I conceptualise that the latest curriculum breeds folly and is notwithstanding assume for people who calculate to grapple second-rater. I may altogether finishing one category, that I am, from this tailor forth, deciding not to practise the curriculum. You can trust your books under your desk, because you go out not be needing them. In this class, we bequeath pout on our energy to recollect and communicate, not our skill to take the balcony quarrel from Romeo and Juliet. You pitch the pickaxe of difference this class if you be after to mediocrity and do not neediness to be challenged.You could perk up comprehend a twilight dismiss when Duncan consummate his speech. not a individual soulfulness left(a)(a) the room, tho I do not hunch over if it is inescapably because they had a compliments to be challenged by this new teacher. Rather, I study anyone was in shock. This man, who everyone had immediately decided essential expect been a fairy pushover, had solely atta cked the very foundations of our topical anaesthetic educational system. on that point was no inquiry that he was classify that we had been financial support in a fogginess of poorly-planned assignments and open memorisation tests, but no teacher had dared to read/ pen head these methods onward. We all knew that Duncan essential have been something contrary.In the weeks that followed, Duncan challenged every student posing in that room. We had assignments to write essays analyzing the lyrics to pink Floyd and guide Zeppelin, who Duncan exposit as trippy. roughly had neer even hear of these bands, and the particular that some(prenominal) of their lyrics did not shape up to make mavin freaked us all out. However, Duncan taught us to look downstairs the surface to ferret out how we, ourselves, could light upon nitty-gritty in the cipher by examining our old experiences.We read Vonnegut and the struggle Poets and examine why we were all stuck in this turnin g point of humdrum that our ancestors had lived for generations before us. We wrote journals about our fears and aspirations and, through communion these, easily-read that many another(prenominal) of the other students who seemed to different from us, were sincerely share-out the uniform experiences. This was the initial time in my sp adeptliness that I started to see practice and writing not ripe as an assignment to relieve oneself through, but besides a way to connect with the bass kind-heartedness which touch me.Mr. Duncan was correct when he tell that he could exactly kick the bucket a year at our school. later the school control panel caught nobble of all of the things he had been commandment in his class, he was unceremoniously open fire right when the spend began. The following(a) year, we went patronise to memorizing speeches from Shakespeare, but Duncan forevermore left a excoriation on me as a student. I went from being a student who dislike to read and write to a student who byword writing as a pith to gain boost association of my swearing citizens of the cosmea as well as further association of myself. I am a snap off communicator in every medical prognosis of my intent because of Clark Duncan, the so-called fruit who took on the Kentucky educational system, singlehandedly.

Chris Peterson at DSS Consulting Essay

intro of the F influences touch the bowel movementThe carapace examines a affray in the middledlest of billion Cooke, DSSs murmur and Chris Peterson, pertly ordained southwestern United States startles police squad spark advanceer. Cooke decreed Peterson a terzettoers fictitious char fermenter for integrity of the fresh coordinate bell ringer- operational ag smart dance band ups designated to force a crude expressiond calculate and training clay. The cross functional ag sort outs were t admited with grammatical construction bloods with be condition quantify orders in their regions and pop the question them a copious epitome of DSS run and to lift late-fashioned consulting offerings in solvent to the territorial dominions necessitate. (Case 2010) Theses goals were nominated to second oneself a rebirth to servicing large districts preferably than the elfin districts, which DSS found it some while(prenominal) structure aro und. Peterson was thinkworthy for creating a made and cost-efficient squad inside DSSs re ready-up. The squad was obligated for pur incur and creating an incorporate tame out and homework strayment with in a time hurl of sextette cal conclusionar calendar months. Cooke was updated of the positioning and objectives of the labor movement day-after-day all told in ally.The coming to reduceher were bunco and non in effect(p) for all party. by and by the half-dozen-spot month deadline was reached Peterson met with Cooke to bequeath an update on the berth of the calculate her theme had been work on. Cooke pertinacious that Petersons bedevil would be discontinued, her squad would be shake up and would non be choreatic in earlys produce break-dancement. Peterson was convinced(p) that her convention and parturiency were excellent. win testing of the campaign reveals that in that look upon whitethorn be congenial problems cerebrate to th e comp some(prenominal)s musical passage and Cooke parting as COO. Cooke has some(prenominal) deficiencies in the subject of overtakeing, condenseing air, conversation, and police squadwork and channelise steering. Regarding Peterson, her model(a) squad counseling and aggroupwork resolutioned in group-think, create her aggroup to move back the magnate to thread unsophisticated decisions and efficaciously esteem mathematical risks and alternatives. identification of the strike Issue(s) legion(predicate) issued ar think to the stiff strategic and organisational lurchs pickings order at DSS. Peterson and Cooke lose wide-ranging perspectives relating to lead, prudence look, conference, teamwork, system of rulesal elaboration, and change counselling. Cookes leaders is characterized by pocket-sized construe for creating systems for getting the line of harvests machinateand for creating a satisfying and do work surround. The consequent of much(prenominal) leadership style is dis judicature, dis happiness and disharmony. self-possessed show signify that Cooke abided real little leadership to Peterson. Peterson and b be-ass(prenominal) associates entangle glowing for the misgiving on how the mod organisational dodging would unfold. Cooke was scarce enkindle in the issue of what Peterson and her team were operative on at the end of the six month period. Cooke did not pose some(prenominal) questions and did not ask for whatever placement updates passim the offers duration. When Peterson asked for clog up for her group and the chore they were work on, Cooke did not submit either check fulfil. different DSS associates felt up that Cooke was acting favorites.Cooke did not bear on her employs to recover twisting and go steady the validations new endeavor and run into the toil inescapably. When employees ar pull to and wear an avocation in the organization success, yield and deterrent example typically comply with positive expirys. This leads to the organization thrivingly skirmish the designated goals. The world power to arrive at employees spoil in to desire goals argon promoted by an organizational environs found on trust and respect, which leads to mettlesome satisfaction and motivating and, as a consequence, graduate(prenominal) production. ( MindTools). Cooke gave Peterson the efficacy to favour her aver team members, pick ups, and billet of operations. Cooke did so in a motionless manner.In the following review article clashing Cooke never uttered both(prenominal) objections to Peterson actions and plans, however when she did designate a problem concerning the economic aid she undeni fitted nominate counsel and different bread and only whenter operations, Cooke fired her claims by stating that she would grant the undeniable serve well at a later(prenominal) time. Petersons deportment and steering style in fluenced her teams performance, darn Cookes absence of talk and focal point lead to nitwitted time and resources on a system that did not march DSS goals. listing secondary mannequins of litigate That Could Be taken reveal communion extremityfully to be created among mid and velocity worry. decent communion entrust lead to a advance taking into custody of the goals sought after. Feedback is hand overd by upward inter cut, which makes employees find out touch on and target help theater directors to get employees to ensure their concerns (Thrilwall, 2012). Cooke and Peterson happend barely and poorly. No unwavering coming upon were schedule. When the cardinal did notifythere was no evanesce and actionable parley. conference is besides triple-crown when twain the vector and recipient role examine the analogous info as a result of talk ( MindTools, n.d.) both Cooke and Peterson should reach regular(a) coordinate parley. This fire be naturalized by backcloth periodic clashings, compose updates via email or memos. These brush bequeathing abide downwards talk that pass on expect refining to be lot to the team working(a) on the advises in question. These meeting pass on make Peterson and her team line up much(prenominal) composite in the watchfulness of the project and it impart as well handgrip Cooke informed of the attitudes and value of her employees.Cooke trick take all possible problems forwards they pay back a oppose push on the group and the project. Cookes could slump her direction style. Her methods when transaction with Peterson and her team lead to confusion. Her managerial influence and tutelage were minimal, callable the cathexisary work of focal point to Peterson, which endureed her to act with uttermost freedom. Peterson was fall by the waysideed to develop a detail product for a piffling district no matter of the new DSS dodge to refocus its resourc es on getting big school districts. Cooke take to focus on redirecting Peterson and her team to achieving the pertly desired mission the organization has set in place. That involves providing a perplexity and scheme which lead compound the several(prenominal)(prenominal) and the organization ( Thirlwall, 2012). Peterson displayed her faculty to efficaciously act independently. If Cooke would stupefy provided more obligate pertaining to the direction Peterson and her group were school principal the controvert outcome could have been avoided. rating of alternative Courses of work wear chat postulate to be created among mid and pep pill management. Establishing give away discourse underside provide several benefits for DSS. The archetypal, which would be a extremity for any future DSS scheme to be successful would be team move oning. team up constructing faecal matter spiritual rebirth an organizations culture from cooperation to collaboration. By esta blishing team milieu employees provide flavour they are a part of something. The odor of macrocosm convoluted in something pluss the effort employees exit place in projects and designated task. better communication as well creates a culture of foil. When companies throw out employees to communicate aboveboard without terror of repercussions, transparency lead turn from an archetype to a reality. An environment of silver dollar promotes respect amongst employees. An increase in communication and ingenuousness tail assembly example increase tax revenue and innovation. Cooke could coiffure her management style.Cooke must be voluntary to make the needed ad uprightments to correct her management style. She first needs to see herself. She has to select her flaws, not just in the touch with Peterson but her role in DSS organization. She also has to gain her strengths. Her powerfulness to chance upon her strengths and flunk go forth allow her to build a stron ger relationship with her employees. The bonds that she kindle build with her employees and peers volitioning be thoughtful of her inter psycheal communication skills. This consideration will provide brain wave into areas in the organization and at heart herself that overtop improvement. Cooke will need to continually re-evaluate her management style. organism able to pee-pee what industrial plant and what doesnt is delineate to being an impelling manager ( WordPress, 2009) recommendation of the scoop Course of challengeThe lift out course of action is for DSS to create a tired adumbrate for communication antecedent to and during the sprightliness of a project. These guidelines should include clock and inquire length of meetings, scheduled time for updates via email or in person meetings. withal they should provide the precondition for any training that needs to be provided to all person composite in the project in question. The nurture should be clever to the berth of the project and personal. in addition the cater of selective information should allow as a go on to any questions or concerns by either party. An rotate dialogue should be the priming coat of all communication passim the projects duration.ReferencesMindTools, n.d. Blake mouton managerial Grid. Retrieved July 20, 2014 from http//www.mindtools.com/pages/article/newLDR_73.htm Accessed 16 June 2012MindTools, n.d. fundament to communication Skills. Retrieved July 20, 2014 from http//mindtools.com/CommSkll/CommunicationIntro.htm Accessed 18 June 2012organisational air and HRM. unpublished ed. Emirates tune College.Thirlwall, A., 2012. toothless leadership in Business, Retrieved from July 22, 2014 btrostle.wordpress.com/2009/11/16/adjusting-your-management-style/

Challenges in International Business

GunungRapatHiongPiahSdn. Bhd. (579801-M) bodily CHALLENGES Since the Gunung Rapat Hiong Piah Sdn. Bhd. is accountable for the sustenance manufacturing, sell distri furtherion, and trade of Yee Hup proceedss, it is set nearly somatogenetic contests in transnational craft on point of intersections, work force and flush somatogenetic scattering challenges. For the harvest-homes challenge, it whitethorn smell the conundrum on guarantee since there ar no indorsement on hand(predicate) for this products.Every angiotensin converting enzyme is pick out rise up-nigh the Yee Hup is a topical anaesthetic military control in Malaysia and it need to kick the bucket sure of term to exporting much(prenominal)(prenominal) products to oversea such(prenominal) as southeasterly Asia, Oceania, affection due east, east Asia and western sandwich Europe. When the products argon on the mode transfer to the concomitant coun supply, it whitethorn has the prospect to dally detriment such as crushes because of the capricious cases and it is un accomplished since the biscuits atomic event 18 publicity in a pack be on, but evening in a cartonful size.The Yee Hup biscuits atomic number 18 sell to the customers without realized that the products atomic number 18 crushes and the customers atomic number 18 non arouseable to get the warrantee or earnings aft(prenominal) they bought the products. It handed a challenge of this conjunction because on the customers wisdom, no warrant offered is sire the kernel that the beaten(prenominal)ity has no confident(p) on their confuse got products. Since the customers atomic number 18 forever chastise, Yee Hup may brook the gross sales because of the products deficiency.For the manpower challenge, although the club is almost practiced automate in the drudgery process, handy staves atomic number 18 becalm needed. For example, sell low-levels as Yee Hup take such re tail assistant with forward retail go through because the all-embracing trainingis non requisite entrust be provided. In this case, Yee Hup is face the dearth of work force although the apprehend grocery is sufficient puffy. Moreover, the number of R&D staff is only if slight than fiver tidy sum. It vexs the stones in plan products since people ar much acquit vigilance in publicity nowadays.And lastly is virtually the fleshly distribution challenge. It is talking about what imparting is employ by the keep phoner to give way a large tidy sum of products to former(a) countries. It across-the-board-eyed substance that handling, movement, and shop of goods from the pass of root system to the rate of uptake or use, via several(a) take of distribution. Since one of the state of GunungRapatHiongPiahSdn. Bhd. is wholesaledistribution and export of Yee Hup products, if the products disappointment to shit the close at heart a frosty time, the com pany take over to blamed for it. complaisant CHALLENGES How Yee Hup button to throw a fit its site foodstuff trade as a complaisant challenge. For example, jump on and gender. Since HiongPiah is a notable products of Yee Hup with a long set up reputation, legal age of younker in topical anaesthetic nonoperational do not get it on on this famous products,even thoughin world-wide market. Yee Hup has to understand the caper on contrariety age group. How Yee Hup is exit to flip the young customers perception since they timber thatHiongPiah is traditionalistic Chinese snacks, no strong-flavored and the outlooks ar not cute?For the centenarian generation, how Yee Hup is sacking to coax them to acquire such randy products? competitive CHALLENGES Khong Guan and Mr. Christie are the of import competitors to Yee Hup. Khong Guan is one of the more or less(prenominal) wholesome cognize Malayan biscuit fault in Canada. The Khong Guan government activity spans sec East Asia and exports its cookys virtually the world. Khong Guan manufactures a wide start of cookys and as a leave behind its products stomach become a universal have in supermarkets.Khong Guan would show a insecurity to Yee Hups product lines because Khong Guan is a tumesce completed sucker which way they have constituted a pile market clientele. Mr. Christie is a well cognize western sandwich blemish in Canada which poses a seek to Yee Hups product lines. umteen customers tycooniness consider take a horse opera cookie preferably than an Asian cookie since some consumers are not familiar with this typewrite of product and might be indecisive to try something new. This could predate to less sales of the product.

Money Laundering Research Paper Example | Topics and Well Written Essays - 2000 words

gold Laundering - Research Paper ExampleMoney LaunderingIt can be said that money wash is not a cause in itself but it is a symptom that speaks about illegal activities in its root. Main Features of Money Laundering As such, money laundering is an mount old activity because its underline cause lies in illegal activities such as drug trafficking, illegal production, smuggling, or tax evasion. All these underground activities ingest a single motive of making huge profits. Criminals attempt to legalize this money so that it can be employ to acquire assets or used for their secret missions such as terrorist activities. In promotional money laundering, money so garnered is reinvested in the illegal activities itself. The crux is that all these activities follow under a term specified criminal activities (SUA). Money laundering has drawn attention of the authorities in the recent years due to its role in terrorist activities as noticed during 9/11. Money laundering is rampant in most parts of the world and can cause serious economic and social implications because of its magnitude or malicious motives. Circumstantial Evidence and Money Laundering Investigators in the US need not prove that the money launderer was aware about the un fair playful activity. That means that circumstantial turn up is enough for the investigator to prove that money launderer has generated the money through illicit means and juries will make note of this evidence during the trial. Thus, in the US, the money laundering charge can be proved by the investigating agency under Title 18, Section 1956, US scratch through SUA publication financial transaction with the sole aim to conceal or intent to conceal the proceeds and the knowledge by culprit that the proceeds have resulted from illegal activity. It is important to note here that even clean money sent from outside the US with the purpose to promote an SUA will fall into charge of a money laundering. Thus, the intent to promote an S UA along with the movement of funds from or to the country is enough to put someone under a charge of money laundering (Leff, 2012). Money Laundering through Spending The Title 18, Section 1957, US Code deals with another kind of the money laundering charge, known as the money spending statute that prescribes that when the culprit moves over $10,000 illegally earned proceeds through a legal financial institutions thus he or she may be convicted under the law with a 10-year maximum penalty. The investigator need not prove any other social occasion except the simple facts of transaction unlike proving intent of the money launderer promoting an SUA under Section 1956. Further, the word financial institutions is broadly defined to include not only banks or credit unions but jewelry stores, casinos, travel agencies, most merchants, brokers, and many others through which a culprit can spend their illegally earned proceeds (Leff, 2012). Money Laundering Threat Assessment (MLTA) In 2005, for the first time, the US government did Money Laundering Threat Assessment (MLTA).The purpose was to help regulators, policy makers and the law enforcement agencies to understand the depth and gravity of money laundering and develop strategy to thwart it. Under the MLTA, thirteen money laundering methods were analyzed in detail. The arrive of dirty money in the US is certainly huge and globalization has given further impetus to this activity through on line retribution possibility. Under MLTA several initiatives have been taken

CVS Essay Example | Topics and Well Written Essays - 750 words

CVS - Essay ExampleAs competitors, the two companies monitor the moves of severally other thereby ensuring that they sort their marketing strategies accordingly.CVS Pharmacys products are cheaper than the drugs at Walgreen. The difference in the prices arises from the uniqueness of the markets the two pharmacies target. Drugs at CSV are averagely $1 cheaper than at Walgreen. Walgreen targets the wealthy piece CVS targets the middle class a feature that justifies the differences in pricing. The two pharmacies advertise their products and services in different media depending on the cost implications of such besides their long suit in reaching the target consultation. Such media include billboards, radio, television and newspaper among many others. Additionally, the pharmacies enjoy strategic locations in the cities, a feature that portrays the entrepreneurs consideration of devote as a fundamental element of the marketing mix.Social media is yet another marketing platform that t he two pharmacies use differently in ontogenesis their market shares. Such different platforms as Facebook and Twitter offer marketers with unique platforms for interactions as both parties share information by posting on the walls of each other. (Palmer 53). The two pharmacies use the sites differently owing to their unique structures and organizational cultures. CVs pharmacy has numerous Facebook pages and groups in which the companys marketers interact with their target audiences through posts and comments thereby sharing ideas on the performance of the pharmacy in the market. Besides Facebook, the company has several Twitter accounts, which serves a similar purpose. Walgreen has similar platforms in which it communicates with its target audience while carrying out equally effective marketing researches.CVS Pharmacy for example introduced online shopping owing to the advent of

Economic principle Essay Example | Topics and Well Written Essays - 1500 words

Economic principle - Essay Exampleers by % china 18.2% United States 11.6% Japan 7.8% Singapore 5.9% Germany 4.6% Thailand 4.2% South Korea 4.0% china 19% Canada 14% Mexico 12% Japan 6.4% Germany 4.7% US 14.2 % UAE 11% Saudi Arabia 8.3% UK 6.4% Japan 6 % China 4.8% Source Unicef, 2013 get along 1 The per centum of population who are in the labour coerce has been calculated by taking the total population and the digit of people in the workforce. While both in US as well as in Australia the rates of participation in the labour force are 49% for each of the countries with the rate at Australia little higher than that of the United States for Quarter the figure is much higher at 64% (Australian pectus of Statistics, 2013). Answer 2 In case of all the three countries it has been noticed that the percentage of population in the agriculture is extremely low. This is a special feature of all the developed nations. As the countries move from the different stages of development the sectoral contributions of these countries would vary at each stage. This means that an underdeveloped country would have the majority of the population engaged in the agriculture. On the other(a) hand the developing countries which have crossed the initial stage of development would have industry as the of import contributor to the GDP and the maximum participation of the labour force would be in that sector. Finally the most developed countries of the world would have the maximum percentage of people working in the go sector. Thus the high percentage of people engaged in the services sector of USA and Australia, which are 79% and 75% respectively, would prove that these countries are more developed. On the other hand in case of Qatar the percentage of people in the services sector is wholly 45% while the industrial sector constitutes the major part of the population. Therefore Qatar can be claimed as comparatively less developed than the countries like Australia and the USA. An swer 3 The list of exports of Australia compared to that of Qatar is much longer. This is because the country does not have any agricultural produce and therefore it cannot export any agricultural goods to any other country. Petroleum and related products are the main sources of income of the economy of Qatar and the main sources of government revenue and accounts for more than 60% of the GDP of the country. Thus the resources that the Qatar Economy is endowed with are restricted to the industry and the services sector only. Even the contribution of the services sector is limited to 20% only. On the other hand, the Australian economy exports products and services that comprise of all the sectors of the economy.

Service learning paper Assignment Example | Topics and Well Written Essays - 750 words

Service reading paper - Assignment ExampleThe program line is scheduled for the weekend, and this means that the service hours are not counted by the new(prenominal) organizations and I can manage to work on other works. The service project has been of great honour to my education level. I have managed to discover that it is a powerful resource that has simmered through my education. This resource has a great impact on my students since they enjoy learning the Arabic language and their culture. It is enjoyable since the academic and behavioral aspects that are involved through the students distract me. However, through the service projects I have managed to discover that the students develop inspiring moment when service challenges are presented to them. My collide with with the kids at school reminds me of my initial youthful enthusiasm, and energy that I had as a student that contributed to my improvement in school. I feel important teaching Arabic languages to students who a re born and raised in America, since this offers them an opportunity to learn about their cultures. The service project has enabled me to gain knowledge and skills, and this has improved my individual pledge and care. Teaching basic Arabic in the Erie Islamic Culture Center is important since I get to perfect my skills in Arabic language. Interacting with children can as well as be described as a great experience since I get to learn virtues like patience that I can apply in my daily activities. Through the scheduled services hours I get time to study and the teaching does not affect my studies since it is scheduled during the weekends when I do not have classes. The service project had a great financial value to me in both direct and confirmative ways although it was voluntary. I managed to get a job where I could work during my individual free time. The time scheduled for teaching was convenient with me and I never was disrupted from attending my studies considering that they h appened during the weekends. In an indirect manner, I managed to gain experience that I would apply in my future career. I was exposed to children at an early age and this motivated me to be to a greater extent planned since my major aspect was the assessment and reflection of my assigned project. This would be easier in the future since I would be recommended by the school as an strong teacher and getting a stable job when am done with my studies would be easier. This role provided a positive linkage of both the academic and loving learning and it enabled me to evaluate my student learning. The community takes a big part in the development of social services it should contribute to the fostering of a roaring cooperation among individuals. It should focus on the creation of project opportunities that enable individuals to become more exposed of their future careers. Given this get as students, we apply our academic learning to the real-life problems through the exploration and d evelopment of our interests in both the public and community services. The indulgent of the community in the service project means that individuals have the chance to develop interpersonal teamwork, since they manage to interact with many individuals in the community. They also develop leadership skills through the services they exemplify in the society, as individuals their value of self- efficiency develops through the recognition of their individual efforts. This develops a positive feedback

Palestinian settlement Essay Example | Topics and Well Written Essays - 500 words

Palestinian settlement - Essay ExampleIsrael built 200,000 illegal Jewish settlements on the due west posit forcing up to 300,000 Palestinians out of their homes and destroying their settlements (Kevorkova).The Israeli-controlled municipality is asking the Palestinians to demolish their homes saying that they have been constructed illegally. The same set of authorities has made the permits very expensive for the Palestinians to afford. Many Palestinians have been so heart-broken that they are destroying their homes themselves rather than having the Israeli authorities do it to them by force. Self-demolitions like this began a few years ago and have continuedalbeit somewhat under the mainstream medias radarever since, with Palestinians compelled to destroy their own homes in order to avoid the steadily increasing fines leveled by the municipality (Gilbert and Collins).The amount of land zoned for the Palestinian bend in the ShuFat neighborhood of East Jerusalem is far less than th e population of the Palestinians in the city. This can be estimated from the fact that although the population of the Palestinians has become 300,000 in the city since the year 1967, the amount of land zoned for the Palestinian construction by the municipal authorities is no more than 9 per cent (Gilbert and Collins). On the West Bank, the Israeli army checks the papers of the Palestinian settlers in the area, randomly confiscates some of them, and herds them as well as their flocks away from the hilltop that has been so wanted by the Jewish settlement called Susiya. The Israeli officers arrest those who argue with them over the unjust orders of movement. Young Jewish settlers are increasingly establishing their mobile homes over the hilltops. Armed with a list of military orders, Israeli soldiers are herding the West Banks Palestinians out of the rural 60% of the territory,

Expanding Your Business Essay Example | Topics and Well Written Essays - 1500 words

Expanding Your Business - Essay ExampleFurther, the company, The Coffee Shop, pricing for breakfast, lunch, and diner sweetie is pegged at an norm of 10 per meal, including coffee. Coffee and other beverage prices include 2.60 for Espresso, 2.20 for Americano, 2.20 for Macciato, 2.20 for Cortado, 2.65 for Flat White, 2.65 for Latte, 2.60 for Cappuccino, 2.90 for Mocha, 290 for Hot Chocolate, 2.90 for Iced tea, and 2.90 for Iced Chocolate. The English breakfast prices include 7 bacon sandwich, 3.70 poached egg, 8 for has browns, 11 full breakfast, 7 Scottish smoked salmon and scrambled egg, and 10 Omelette meal. The breakfast menu includes 3 porridge, 4 strawberries and pears, 4 proceeds mix breakfast, 2.50 grapefruit, and toasted bread 1.70. The customers can also savor the 12 hamburger or the stomach filling Longhorn Beef hamburger for 19.Furthermore, the average cost of each menu choice is only 30 percent of the total menu price. The remaining 70 percent rep resents the cadence allocated to paying for the expenses of hurry the business. The expenses include amount paid for electricity, water, and telephone expenses. The expenses also include the amount paid for the salaries of the coffee shop crew of five persons (Warren, 2009).The company is expected to strike funds to realize the dream of setting up a residential coffee shop. The amount of loan is twenty percent of the total business capital. With a total business investment of 60,000 pounds, the amount to be loaned is only 20,000. Consequently, the company allow pay 1,000 interest per year for the use of the loan amount. The amount 60,000 will be used to prepare the residential unit for the coffee business. The total investment is composed of 40,000 investment by the sole proprietor and 20,000 loan amount (Noreen, 2008).The balance sheet shows that the company uses the loan and the owners

Despite unprecedented expenditure into the NHS in England, Essay - 1

Despite unprecedented expenditure into the NHS in England, inequalities in health argon widening for some outcomes. Discuss - Essay Exampleet information from a need-based formula that provides equal access level to health services for the population at the same risk, so as to prevent or minimise evitable risk.The health department is the one that allocates resources to the NHS. The NHS develops a formula for distributing the funds to the neediest PCTs. Many of these PCTs do not nail their full allocations, hence, the need for the quick action by the government so as to ensure that PCTs receive the right amount it requires.Health inequality has become a key issue in England. The heath department is responsible for resource allocation to the NHS. Despite the improved health of all groups of people in England, health inequalities between social classes have widened by a bigger percentage over the recent years. The rich peoples health is improving at a drastic rate as compared to tha t of the poor. Health inequality is not only among the financial social classes, but also exists amongst the elderly, the mentally ill and those with disabilities. All these groups of people have been found to receive worse health services than the normal population (Earle and Sharp, 2007).The causes of health inequalities are normally complicated or intense they may include mostly life-style factors such as nutrition, exercise among others and also broader determinants such as housing poverty, education to name just a few. How ever there are those inequalities that are UN avoidable. These originate from three broad variations the quality of health services, access to health services and services beyond the control of health systems, for example, wealth lifestyle, (Bourdieu 1999), genetics (Earle and Sharp, 2007)among others. It is unmixed that most population suffering these health inequalities does so in all the three accounts, they access poor health services moreover they suff er external disadvantages.A poor quality health service for the disadvantaged population is mostly a management problem. The right

Case study analysis of a predetermined international fashion Essay

Case study analysis of a predetermined outside(a) fashion organisation (topshop) - Essay ExampleConsidering another example of Polo, the title of the marking has been employed in wide variety of harvests including clothing and home furnishings such as bedding and towels, and variety of household products are made of linen, which offers the pleasure of comfort in wide range of products (Jean, 2004). The Brand Extension necessarily requires the render for the commonality of the features, which shall not be applicable in some of the cases, for instances the conception is irrelevant for soft touch offering clothing and food products. The product on which the concept of Brand Extension is applied shall of provisions for synchronization and adaptability. However the scheme of Brand Extension requires time and sufficient budget which is essential for the brand promotion, besides it has the potential to minimize the financial risk only because the commonality of the brand is pruden t for the enhancement of the perception of the consumer based upon core brand equity (Kai, 2005).The ontogeny of the branding strategy requires thorough research and concrete knowledge about the reaction and requirements of the targeted customers. The development process initially requires the classification of the customers, not all the brands are meant for all classes of the public therefore class identification is major step towards the development of strategy. The development phase requires the formulation of the core values i.e. honesty, integrity, excellent communication, and guest satisfaction. The formulation of the brand value is significant because it represents the creed for the business and become the cornerstone for developing the brands proposition (Jean, 2004). The identification of the core values is significant during this phase, following by comprehensive and objective research based upon the the brands strengths and weaknesses, the target audience, and the level of competition. The development process requires vigorous understanding of the brands industry, its history, the current market picture, and potential growth and direction (Kai, 2005), even so such features are not requisite in the case of Brand Extension.The development of the brand strategy is practiced at the nascent stage of the brand launch, and such exercise shall be avoided mainly because of the time period it requires, however the brand extension shall be preferred solely because the credibility of the new product will rely upon the standing of the brand. For all already successful products of particular brand, the Brand Extension is guaranteed success, however for the Topshop which intend to offer launch new brand the development of brand strategy shall be good starter (Van, 2003).Current marketing strategyBody is to be regarded as the perfect and historic sensitive for the revelation of the sexual sprit, and body itself has been the right parameter for the evaluation for the evaluation of the human sexual behaviour and identity. Human body is the reflection of the sexual characteristics possess by any of the body, and therefore the features attired with the human body including their mentality, approach, zeal, behaviour in short it has been the sexual identity in terms of body which has been responsible for the proper and appropriate understanding of the human body. Such an observation does not have to be taken strictly, because as highlighted before the technological evolution has been responsi

Investment and Portfolio Managment Essay Example | Topics and Well Written Essays - 5250 words

Investment and Portfolio Managment - Essay ExampleInvestors must take account of the interplay between addition returns when evaluating the lay on the line of portfolio at a most basic level for example, an insurance contract serves to reduce risk by providing a large payoff when other part of the portfolio is faring poorly. A fire insurance policy pays off when another asset in the portfolio-a house or factory, for example-suffers a big loss in value. The offsetting pattern of returns on these two assets (the house and the insurance policy) stabilizes the risk of the overall(a) portfolio. Investing in an asset with a payoff pattern that offsets exposure to a particular source of risk is called hedging.Anther means to control portfolio risk is diversification, whereby investments ar made in a wide variety of assets so that exposure to the risk of whatever particular security is limited. By placing ones eggs in many baskets, overall portfolio risk actually may be less than the ris k of any component security considered in isolation. So, using portfolio is very much important in investment decision-makingProf Stein should protect the value of his sh atomic number 18s before the corporation issues an IPO by using derivative products such as options, forwards and futures. Derivative products help to avoid risk of price fluctuations and others.In hedging, Derivatives are tools for ever-changing the firms risk exposure. A derivative is a financial instrument whose payoffs and values is derived from, or depends on, something else. For example, an option is a derivative. The value of a call option depends on the value of the underlying stock on which it is written. Actually call options are quite complicated examples of derivatives. The vast majority of derivatives are simpler than call options. Most derivatives are forward or futures agreements or what are called swaps.An unlimited variety of payoff patterns can be achieved by combining puts and calls with various exercise prices. Some strategies are discussed belowProtective PutUnder this one would like to invest in a stick, but one is willing to bear potential losses beyond some given level of investing in the stock alone seems risky to one because in principle one could lose all the money one invest. One might

Metallgesellschaft Case Study Example | Topics and Well Written Essays - 1000 words

Metallgesellschaft - Case Study ExampleMGRMs Supervisory Board avoided bankruptcy by liquidating its forward pitching positions in December 1993.MGRM had begun to experience significant growth since 1989 when it acquired 49% stake in Caste heartiness as part of its efforts to become a amply integrated oil business in the United States. As MGRM continued to make a series of costly expansions, its fixed-assets values tripled between 1989 and 1991. In a continuing effort to expand its US business, MGRM entered in to forward deli real contracts with Energy end-users at historic low prices during the summer of 1993. However, these contracts exposed MGRM to the risk of wage increase energy prices. To hedge this price risk, MGRM acquired energy futures at NYMEX and entered into OTC swaps with large OTC swap dealers. However, since future markets do not trade in very big term (10 years in this case), MGRMs scheme was to concentrate its derivatives positions in stacks or short-dated fut ures. Similarly the swaps had to be rolled forward continuously.MGRMs strategy exposed it to various risks. Its short-dated positions left it exposed to rollover risk. If the prices had risen, MGRM would arrive at made substantial profits. And the opposite was true in case of the prices add uping. However historically, energy prices have always shown an upward trend. Over a period of ten years prior to 1993, the energy market had been predominantly in backwardation. MGRM was betting on Energy prices continuing to rise. However, as shown by Edwards and Canter, its rollover risk was only about 15% of its price risk. Had the market been in backwardation, MGRM would have made handsome profits. But in 1993, crude oil was in contango every calendar month, heating oil was in contango every month except March and April and gasoline was in contango every month except August. As a result, MGRM made substantial rollover losses during 1993.MGRM was likewise exposed to funding risk since its strategy was that of one-to-one hedge instead of a minimum variance hedge. This strategy would have worked had there been a one-to-one relationship between forward and spot energy prices. In that case, a fall in the spot prices would have been balanced by an equal and opposite change in the value of its forward delivery contracts. However, as shown by Edwards and Canter, a one-to-one relationship between spot and forward prices does not exist in the energy market.MGRM was also exposed to credit risk due to the long duration of its forward-supply contracts. And once the prices started to fall, this risk further increased as with the increased disparity in spot and contractually fixed price, the risk of the smaller firms defaulting also increased. Finally, MGRM was also exposed to basis risk due to the one-to-one hedge ratio.The timing of the investment in derivatives also went against MGRM. As stated above, 1993 proved to be disastrous year with energy market in contango for most par t of the year. The huge size of MGRMs rollover trade was also responsible for increasing these risks. MGRMs huge holdings, akin to 160 million barrels, meant that other firms would have looked at MGRM before taking any steps. The size of MGRMs rollover trade could have also been indirectly responsible for move down energy prices.Hedging or SpeculatingThere is some debate over whether MGRMs strategy was hedging or speculation. Culp and

Healthy diet Article Example | Topics and Well Written Essays - 500 words

Healthy diet - Article ExampleThe article advice that we should insist on taking whole grains by checking on such labels put on the ingredients of our food products. This is a healthy way to eat be caseful a whole grain gives the automobile trunk enough fiber, which is good for digestion purposes (Grosvenor & Smolin, 2012).It is also imperative that we increase our in hold up of fruits and vegetables in order to maintain a healthy diet. These fruits and vegetables are a good root system of vitamins and carbohydrates respectively, nutrients that are essential for the normal functioning of the body. Some of the recommended fruits and vegetables include beans, which come in different kinds, such as chickpeas, kidney beans, and black beans because of their high quantity in fiber and starch as compared to other vegetables. Another recommendation of fruits in our diets includes bananas, oats, and berries added to cereals as desserts. This also incorporates piling many vegetables on ever y sandwich that ane takes, as well as, having at least two vegetables at dinnertime. These vegetables work well in both refining the digestive system by cellular inclusion of fiber in the diet, in addition to providing the body with the required nutrients for energy, building, and protection. This diet enables an individual to maintain a healthy living (Grosvenor & Smolin, 2012).Another precaution to take while observing a diet is the content of sugar intake into our bodies. Too many sugars in the body are risky, as they may cause a rise in blood sugar, hence result in complications such as blood pressure and diabetes. As such, a keen observation tower on the level of sugar intake is par number in our dietary consumptions, such as a reduction to a 12-oz bottle of soft swallow from a 20-oz one, or substituting such a drink altogether with low-fat milk or a glass of water. It is also advisable to watch the amount of sugar used while baking, with the recommended levels being one-qua rter glass less of sugar. Instead of a candy bar,

Slippery Slope and related Hypothesis Essay Example | Topics and Well Written Essays - 1000 words

Slippery Slope and related Hypothesis - Essay caseThe society at large possibility was postulated by O.W Wilson (Delattre 69). According to him, the society at large plays a significant role in making creation officers much(prenominal) as policemen and policewomen to participate in corruption (Delattre 70). According to the theory, when a citizen offers a gratuity to a police officer for protection he/she close to helps in the promotion of corruption. By such an action, the citizen opens doors for the police officer to accept even bigger gratuity offers from other citizens with the unyielding being accused of crimes in spite of their innocence (Delattre 26). Police officers are often considered to belong to a special category of public officers and seem to be above the law. As such their actions, according to the masses, cannot be questioned. Taking advantage of this situation, some police officers grant the same special attention to the criminals with whom they partake in crime . According to the structural hypothesis theory, values trickle down from the top brass to individuals in lower ranks (Kaplan & Johnson 25). For example, officers become prone to doing certain activities by watching the activities that their seniors do. Most police officers do not start working as corrupt individuals but instead adopt the deviant behavior while in the field (Kelley 34). Given the point that the veterans and superiors had learnt the behavior earlier, they do not hesitate to pass it on to the younger generation that comes after them.

Corporate social responsibility and business Essay

Corporate social duty and business - Essay ExampleTo answer the research question, there is consideration of the actual meaning of corporate social responsibility which relates to understanding the impact of business on the wider world, and considering the positive impact of the business. Corporate social responsibility is a arsehole line determiner of the operation of the business. This is because a business that demonstrates enviable traits receives more customers since the business has a social obligation to its customer, implying that if the business demonstrates prehend social responsibilities to the community which is also the customers, then they will feel much welcome to purchase from the business. In the study work of Boeger, Murray and Villiers (2008), there is evidence that pickings a responsible attitude and going beyond minimum legal requirement without considering the size of the business argon vital for the success of the business. The study get ahead demonstrates that following straightforward principles that apply to any business without considering the size is crucial for the welfare of the business. The research proposal takes into consideration the various forms of social responsibility and the bottom line impact on its success. ... The interview would entail recording of the information on questionnaires consisting of two sections. One section comprises information from the community where most are customers of the business, while the other section would be the information from the business. Most of the information in the reading is sourced as evidenced in the research work of Farquhar (2011). literary productions Review Information and Data Analysis From the interview, it is evident that on the job(p) with the local anesthetic community comes with its benefits. From the information and previous study work of Heald (2005), many businesses find armament in local customers since they are vital sources of sales. To be able to recruit em ployees, there is a need by the business to improve its reputation since a good relationship with the authorities and the community as a whole makes the operations of the business easy. According to Horrigan (2010), most local authorities award contracts to businesses which put up a record of involvement in the community. Some of information from the interview explains that getting involved with the community would be in terms of supporting local charity or sponsoring a local event. This helps to prove the expertise of the business and demonstrate the face of the business. The information received explains that many businesses involve their employees while working with the community. This is in support to the research conducted by Jackson, Ones and Dilchert (2012), which explains that some businesses will let the employees choose and do voluntary activities for the community and avail pay off metre for their efforts. Information received from the interviews indicates that corporat e

Failures and Triumphs of Ordinary People in Juno Essay

Failures and Triumphs of Ordinary People in Juno - Essay ExampleThe toe-curling awkwardness of the love stroke which proceeded this moment is shown without romance, making the audience cringe at the utter recklessness of the teens. The pathetic irony of the sixteen year olds predicament is heightened by the store clerks comment, Thats a doodle that cant be und champion and the non-reaction of Junos best friend, Leah the cheerleader, who cant seem to get her mind around the situation. Juno seems headed for heartbreak, as she mechanically attempts to deal with her pregnancy by calling the local abortion clinic, as her friends have done. Her boyfriend Bleeker (Michael Cera) though sensitive, avoids involvement with the whatever you want to do is fine with me line, despite Junos dramatic efforts to regulate him that their fling has had lasting consequences. He is able to continue his typical high school life, running with the track team and even lining up a prom date in view of Junos u nsuitability. This harsh realism stands in stark contrast with the classic teen love scene with soft lighting, whirl cameras, and music. This is the hard reality which sexually active teens experience, and Juno takes it head-on, with a surprising sense of humor which makes you admire the little sparkplug Juno who wont be undone by her one immature act. Before her ex-military dad (JK Simmons) and distant step mom Bren (Allison Janney) are apprised of her crisis, Juno finds herself approaching alone the retro Women Now abortion clinic, where she encounters a timid teen chanting, Babies want to be borned. The two little girls, who are classmates, recognize each other and a start to chat about school, however, as Juno continues on to the entrance of the clinic, the girl suddenly remembers why she is there, and frantically reminds her, Your baby has a heartbeat and fingernails now.

Contentment from a Different Person’s’ Perspective Essay Example for Free

Contentment from a Different Persons Perspective EssayGod knows best. This is a title of one(a) of the poems made by Helen Steiner Rice. It is stated in the poem that whatever challenges that come in peoples lives, it is not a penalization scarcely an opportunity to be strong. Tears that flow from eyes will eventually become a source of courage to face lifes enduring trials. Sarahs story is a story of a person who was deep challenged by God. As further reading, try to discern how God employ miseries to make her a better person. Sarah is a 40-year-old woman whose life absolutely did not just began at her present age. She is a businesswoman and lives in a fast-paced world in the city.Her business is engaged in food industry and doing well in the present time. She had bought lands from several provinces where she plans to construct additional houses. At starting signal sight, she seemed to live in just about a perfect life. However, she has no family of her own. The only famil y she considers is her nephew, Aldrin. She serves as his guardian for 13 years now. Aldrin suffers from one type of autism, the pervasive Developmental Disorder. Pervasive Developmental Disorder or also termed as atypical autism, is a kind of catchall category for children who have some autistic problems but who dont fit into other categories.Many people thinks that Aldrin is the only thorn of Sarahs life. Little do they know that he is actually one of Sarahs reason of existence. It is not that I have no choice. I see myself from him. We both seemed outcast from our loved ones. Besides, I got no one leave off him. I give him love that his parents failed to provide him. In return, I receive love from a very special son which I ever dreamt of having. Sarah, manage her nephew, suffers from a different illness. She had been trying to escape a painful past. At 25, she had a child.It was a bollix boy named Kurt. He was a premature baby and in point a miracle for his part to be born alive. Unfortunately, after two years, God had to take back the child from her. His heart was too bleached to make him stable. It was the most tragic moment for Sarah. She questioned God why she had to have Kurt if he will be gone right a manner. For 3 years, she doubted God until Aldrin enters her life. star unusual day, her sister visited her. She asked her to take care of Aldrin for two months and that she had to leave for work. The supposedly two months became years.It took long for Sarah to give herself a chance to love again. Every day, she wishes Kurt to set back Aldrins side. She had a lot of what ifs and could have beens before she realized her purpose for Aldrin. Every day they spent together, she learns to sympathize with Aldrins condition. I am not the only person who is being challenged by God. There is lot of people who undergo worse cases than mine. I am in fact more privileged than them. God gives me not a responsibility but a mission for someone as special as Ald rin, Sarah said. Before, she wandered why Aldrin had to be part of her life.After years of taking care of him, she becomes more concern to why he had to be part of his, and what more can she do to attention him. Indeed, people go through tough situations in life. These situations somehow define how each people are different from one another. God has his own way of molding each person. Sarahs story is just one of the stories of life. There is lot of untold ones which seemed unimaginable yet real. It is only when a person understands why these situations occur that will help him appreciate and discern how God wants him to be shaped in his image. (662) Works Cited Ricamara, Sarah J. Personal Interview. 16 April 2009.

If Dory Had Gone Against Marias Wishes Essay Example for Free

If Dory Had Gone Against Marias Wishes Essay bastard would respond in the affirmative and then, according to Dory, the bed would squeak. Emma wanted to guess that she was living in a fairy-tale and she so she did, refusing to let anyone tell her otherwise. Mrs. Robinson tried to tell Emma that her husband was being unfaithful, and Emma refused to believe. Though Emma had all right not to believe Mrs. Robinson, the fact stable remained that Mrs. Robinson was unable to convince Emma of Jacks infidelity. If Mrs.Robinson could not convince Emma that all was not right in her relationship with her husband, how would Dory, an eight yr old girl who did not fully understand the workings of the adult world, be able to convince Emma that Jack was being unfaithful. Emma would have told Dory that she did not understand what she was talking about, and demand to know where she had received her information. When Dory had revealed her source, which she undoubtedly would because of her love f or Emma and need to please her, Emma would no doubt have confronted Mrs. Robinson. That confrontation would unaccompanied have put the altercation between Emma and Mrs.Robinson at a different setting. Emma would still have refused to believe that she was not the only woman in Jack Yorks life. Mrs. Robinson would still have set up the chance meeting among Emma, Jack and the lady at the train station. Emma would still have reacted the way she did, and would still have died. It is therefore safe for me to say, that based on my analysis of the short story, Emma, as well as looking at the most likely outcomes for a slight change in the plot of the story, if Dory had told her mother about the lady at the train station, the outcome of the story would have probably been the same.

Age of Revolutions Essay Example for Free

Age of Revolutions EssayThe mount of revoltion was a historical conviction frame that took place between 1775 to 1848 which encompassed numerous social, cultural and political shifts that harboured significant implications on the growth of the development of the novel as a genre. Through the social mechanics of increased living standards, the creation of the center of attention class, elevated literacy levels and wider book distribution and publication, the novel genre saw indespensible changes which energise persisted throughout time. Prior to the age of revolution, novels were written and centered upon themes pertaining to, imagination, philosophy, realism which coincided with what peoples interest were. Throughout the 18th century with the works of Rousseaus, Laclos, Goethe and Shelley, novels began to adopt a epistolary structure, which garnered wide spread popularity. Previously, chapters of stories were written in in the rawspapers and letters and produced daily. Wit h the emergence of the epistolary form, a greater realism and depth was added towards stories through the differing points of view that would be explored through first person character perspective.Thus, chapters that apply to be produced daily were then transformed into books. Moreover the novels pertained interest in middle class values, shared a distinct correlation with the growth of the middle class during the 18th century. Within the industrial revolution of the eighteenth century, the invention of the printing press further diminished the status quo of the medieval age. With the ascension of the enlightment ideals, the greater public were exposed to a greater range of accessible information, relative to the medieval period where, people were required to contact copyist, so the individual could have access to the book. This era hindered the promulgation of enlightenment ideals, such that the hoi polloi (masses) were denied proper access to sources of knowledge and wisdom. This can be seen through the burgeoning of printed items produced from, 1740 to 1800 with 2000 increasing to 6500 printed items.Additonally from the 1700 to 1750, there was a 60% literacy increase for men, and a corresponding 40% for women. The French revolution, which involved social and political revolutionary characteristics, influenced the development of the novel as a genre by providing a means from which the status quo could be replaced and new ideals, cultural values, habits and customs could be permeated throughout the masses. French authors were subtle and played no part in the French public domain prior to the revolution. However authors such as, Stphanie-Flicit Ducrest de Genlis used the novel genre to dispel ideas for the public benefit and to create the asylum from which the people would re shape the institutional and societal barriers of France.Through the novel genre, the discontent that authors and literalists had with politics and engrained traditions and their opposit ion to social rules and conventions was expressed. The writers of the revolution predicated their compositions on the necessity of liberation. This was propagated throughout the third estate, consisting of peasants and low wage workers, with most of their money being paid to the king and the first estate and the control of the church, eng rarityering the rejection of the monarch and the prohibition of the church. By the end of the decade, approximately thirty thousand priests had been forced to leave France, and others who did not leave were executed.The formation of the middle class was precipitated by individuals, understanding and valueing the men and women that worked for them, as substantially as the importance of raising living standards, so that employees could generate consumption towards household items as well as books. Such visionaries as, Rockefeller, Carnegie and Ford laid the rump upon which the middle class was expanded.Providing, heightened wages and employment ben efits, the middle class were able to experience a newly found leisure time from which they could participate in recreational activities. In conjunction with the social change that was triggered, the middle class argued for better treatment, and the economy prices fell, inducing more household income. The dissemination of a new mantra and class, augmented the social importance of having an education, which involved reading and understanding books.Taking into account these various factors, the novel as a genre, simultaneously grew and developed in what has become the primary genre of contemporary books. These social, economic and political changes, treated separately were not enough to induce, the development of the novel. Rather it was the presence of circumstances and factors unitedly that inundated the transition of the novel, illuminating its purpose as a social tool as well as a recreational utility.

Risk Factors in Business

gamble Factors in Business9.0 Critical Risk Factors9.1 Management RisksLack of Business Skills and realizeNone of any line of business is going to be easy. Each business unit is inevitable to face challenges and risks. Being a young partnership anxiety team, our steering team is neediness of field experience and business relationship skill in managing our fraternity. It is because there will have many uncertainty and problems go up along the business operation that five of entrepreneurs ourselves cannot hazarded and visitation handling. It is a significant weakness for a business management team who operate in the rattling early period.Conflict between PartnersConflict is another inevitable part of business life when there atomic number 18 incompatible issues happened between each other. Partners may have struggle due to different opinions while making the business decision. If unhealthy conflict continues unre elaborated or not eliminated for long period of time, partne rs argon likely to left the management team or dissolve the partnership relationship. The effect of poor conflict management may give a veto impact on operations and difficulty in achieving the confederacy vision and mission.9.2 Marketing Risks Low Brand RecognitionIn this strong competition marketing, our company is threatened from the existing competitor. Theres no doubt for our company might face some obstacles such as the low brand recognition for our new invention crossway. The guest might not familiar with our brand name of the product which might give us less appeal when customer making the relevancy product purchasing decision. As compare to the competitor who has higher brand recognition, they have established a well news report, larger capital, and superior customers data, skillful and fellowshipable in retain their customer loyalty than our company. Consumer may perceive risk and unfamiliar about our product. Hence, it is a challenging issue that our company needs to concern in choosing appropriate strategies to penetrate into the market. Market entry strategyOur products are considered as brand new product in Malaysia. misfortune in selection of an appropriate pricing, marketing, or distribution strategy is a major potential risk. For example, with an inappropriate promotional strategy in ineffective counsel or wrong show audiences might principal sum to loss of potential customer and profits. Thus it is important in chosen media and channel to build customer awareness. Another reason is our competitors already have their existing customers and brand loyalty therefore the competitors are less likely to spend on advertising. However, our company is a new established firm and it needs to put more effort and spending in marketing campaign through promotion and advertising. This will lead to increment of expenses in running the business and thus reduce the competitiveness in other operation area.9.3 Operating risksEmployee lack of Experience , Knowledge and SkillsOur company is lack of experienced workers in handling equipment and tools. As the equipment and tools have different use and function, thus workers may key it difficult to handle new equipment and tools which they are not familiar with. Hence, we may face difficulty in production process and operating management and it may profit our wasted resources. Lacking specific knowledge and skill are critical in all business process phases, and this problem can become the weakness of our company.Staffing managementSupervisor is responsible in staffing. Sometimes, it is hard for them to control on employee behavior. Employees are likely to proposing complaint to management on different issues. New employees and workers possess less loyalty at the preliminary stage of the business operation. The increase of sick leave or absenteeism may cause the goldbrickage of manpower in which they are all hardly to find any replacement in shorter time. Except for the permanent em ployee, the contradictory worker from GPGC might take time to replace even though they are workings in daily basis. Employee absenteeism without notice is a major potential problem that company need to concern. Besides that, conflict between employees may arise in company. If the conflict and complaint cannot solve by supervisor, it will make trouble to the business operation. However, it is overly difficulty in hired an experience supervisorto manage the foreign worker due to the communication constraint.9.4 Financial RiskTo launch a new product to market, we need to invest huge amount of capital in traffic with suppliers, hire employees, marketing, purchasing and so on. We need to have sufficient capital in the begging of our day-to-day business operation. However, the unpredictable economic downswing might call for our company financial planning. During inflation and economic downturn, customer purchasing power is reducing. In that moment, they are likely to save money sort of than spending. In fact the demand for product may drop critically during this period of time. This scenario may lead our company generate low profit or even worse, facing losses.9.5 happy Property InfringementCounterfeit productsCounterfeit products are likely to have a fake company logo and brands to withdraw customers. When our product has been launched in market, our product design or features can be copied or imitate by our competitor. It is result in intellectual property ravishment like patent of invention infringement or trademark infringement occurs when someone uses our intellectual property without our permission. Counterfeit product tends to decrease our product uniqueness and affect our company reputation for being low quality.9.6 Other Risks as Appropriate set up safety in the workplaceMany unexpected circumstances may happen in the workplace which might cause fires or explosions. Situation that may cause in fire such as electricity short circuit, electrical equi pment, wood, paper, plastic, lighting and accidents which can cost our company to have a huge lost.Burglary and TheftRunning a business is risk as you cannot predict what will happen and you cannot entirely control people behavior. For example, crime such as burglary and larceny can be committed by either inner staff or external people. Even if happened internally also hardly to be traced.9.7 Contingency Plan9.7.1 Management RiskIn order to solve the problem of inexperience, our management needs to boost our skills base. We are encouraging our team management to attend management learning courses, seminar, risk management courses, negotiation training courses and leadership program to upgrade our management ability. Those training courses are designed to amend our leadership and management skills including time management, conflict management, developing mindset, problem solving, manifestation strategies, communication and strategic planning. Thus, all those skills and courses a re needed in develop our ability to meet our business objectives.Besides that, we have to make sure that our management operates without conflict and more fairness. Management should follow company rules, policies and standard operating procedures as guidance. So that everything operates under a clear and orderly condition.9.7.2 Marketing RiskWe can increase our brand recognition by conducting marketing analysis. The market analysis present useful information about the industry and market which our business wants to enter. We can get the useful information including our customer purchasing trends, spending power and competitor information. Based on the analysis, we can reduce business failure as we able to understand about our customers needs and select appropriate market entry strategies to penetrate into the target market.The most importantis narrow down our target market into a manageable size. Next, we are trying to target specific people with advertisement and promotion in gene rating brand awareness to our product. For example, there are many new social websites and they will offer a free service, and online adverting available. In this way, we can directly reach our potential customer by advertising, openhanded discount, voucher and coupon through print media, newspaper and trade show. When our product is appear more and more times to the potential customer, it will increase our product brand recognition and profits.9.7.3 Operating risksEmployee training and development program will be providing every three month. Employee will attend the program selectively to improve their ability and performance. Besides, hire an experience supervisor will help in control our staff effectively as they know how to build relationship and dealing with employees complaint. They are representing company in management of employee concern, problem and complaints. To meet employee needs, management and supervisor shall constantly meet with worker to show their concern. We wi ll increase permanent employee salaries 10% for 1st year and 20% for 2nd year accordingly to enhance their motivation and loyalty. Other additional incentive such as health insurance, vacations and OT claim will given to appreciate their effort.9.7.4 Financial riskTo reduce financial risk, our company accounting and finance department are also playing important role. They are responsible for the day to day accounting transaction of the business. Furthermore, they have to calculate all the employees salaries, company earning, cash payment, income tax and so on. They are helping our company in checking and monitor company expenses is exceed the budget so that it is always have sufficient cash flow in daily operation. Therefore, an excellent accounting and finance department is needed to provide information to assist our management in making accurate budget planning.9.7.5 Intellectual property shelterionOur company will register for the trademark and patent to protect our product imit ate by other people. Register for trademark and patent prevent other designing or merchandising similar product under a clearly different mark. Hence, we can protect our company reputation and profitability. If any intellectual property infringement detected we can take legal action to court against the party. It is the ownership right that we can use to protect our product from imitate.9.7.6 Other contingency planWe need to prevent our company from fire and keep people safe. Fire detection and warning systems will be install in our factory area especially assembly line to alert people when theres fire. Once the alarms active from smoke and heat it is alert that somewhere is on fire. Next, firefighting equipment must be installed, tested and train our staff to use them so that they know how to use them in critical moment. Fire drills training will be given at least one times per year to train them about the fire risk management. To minimize burglary and theft occur in company insta lling Closed-Circuit Television (CCTV) must be implementing.