The Music Video For Their Anthem - 920 Words

Kendrick Lamar Duckworth often references the experience of sitting on his father’s shoulders at the age of 8, watching West coast hip-hop legends Dr. Dre and Tupac film the music video for their anthem to the Golden State, â€Å"California Love† as the spark that ignited his creative bonfire. Born on June 17, 1987 to couple who moved from Chicago to Compton with only $500 to their names in order to escape the gang lifestyle, Lamar was exposed to guns, drugs, and violence at a young age. â€Å"I m 6 years old, seein my uncles playing with shotguns, sellin dope in front of the apartment.† Lamar witnessed his first murder outside his family’s apartment when he was 5 years old — a teenager gunned down while selling drugs. Although Lamar was never affiliated with a gang, his whereabouts did put him into a few tense situations with gang members; in the song â€Å"Average Joe,† Lamar recounts his experience being shot at by a group of Crips s imply because of the neighborhood in which he lived. But instead of being caught up in the whirlpool of gang-banging that takes the lives of so many young Compton residents before him, he used his experiences as motivation and fodder for exploding music career. As a kid living in one of the most violent cities in America, Lamar kept a low profile. He made good grades in school and generally kept to himself — a habit he would soon be forced to overcome. One example being when Lamar knew the answer to a math problem during class, but he was tooShow MoreRelatedAnalysis Of The Song Thrift Shop By Macklemore And Ryan Lewis1338 Words   |  6 PagesMacklemore’s â€Å"Thrift Shop† is the complete opposite of such. After listening to Macklemore song, â€Å"Thrift Shop† listeners can clearly hear that the tune is an anthem to celebration looking good while being frugality. We see such evidences a celebrations of thriftiness and looking good in the repetition of the lyrics,in deceptions of images in the music video, and the various tones throughout the song. During the course of â€Å"Thrift Shop†, we, the listeners are exposed to various repeated verses that praiseRead MoreAnalysis Of The Song Thrift Shop By Macklemore And Ryan Lewis1709 Words   |  7 Pagescomplete opposite of that by gloating about frugality and saving money. After listening to Macklemore song, â€Å"Thrift Shop† listeners can clearly hear that the tune is an anthem to celebrate looking good while being frugal, and we see such evidences a celebration in the repetition of the lyrics, in deceptions of images in the music video, and the various tones throughout the song. During the course of â€Å"Thrift Shop†, we, the listeners are exposed to various repeated verses that praise frugality andRead MoreThe Video Is The Prolongation Of Gender Norms And The Overarching Perception That An Unmarried Woman883 Words   |  4 PagesThe most problematic aspect of the video is the prolongation of gender norms and the overarching perception that an unmarried woman must constantly be thinking about her future husband and planning out the things he has to do to win her heart. The traditional gender role Trainor sings of shares the notion he should â€Å"take you on a date,† and not forget â€Å"flowers every anniversary;† because if he treats her â€Å"Like a lady,† you’ll â€Å"be the perfect wife/ Buying groceries,† and â€Å"Buy-buying what you needRead MoreHow Music Can Enforce Or Challenge Power936 Words   |  4 PagesThroughout the last two week of lecture, I have learnt that there are numerous ways where music can enforce or challenge power. Throughout the years, â€Å"music has always been an integral part of displays of political power, conveying national identity and official ideologies through symbolic acts.† The major three general ways how music can enforce or challenge power is through by the language and text that is use for the lyrics, the historical background of the piece, and where the piece was performedRead MoreBlurred Lines: The Date Rape Song Essay942 Words   |  4 Pagesand could be heard thumping from speakers everywhere. Sung by Robin Thicke and featuring prominent rappers T.I. Harris and Pharrell, this track was proclaimed the anthem for summer 2013 . At the surface the song is seemingly harmless with a cheery rhythmic beat and catchy lyrics, but when examining the song and accompanying music video, Blurred Lines is anything but harmless. Dubbed â€Å"that rape song† by many discerning listeners, Blurred Lines is a song about the blurred lines of conse nt. With gemsRead MoreHawaii 78 By Israel Kamakawiwo1523 Words   |  7 Pagesbeginnings of a tidal surge in the cultural recognition and restoration of the Hawaiian people. The music video â€Å"Hawaii ’78† made popular by Israel Kamakawiwo’ole serves as the unofficial anthem for the Hawaiian renaissance movement by focusing on vivid historical imagery coupled with the song’s reflective lyrics to awaken in the audience a sense of urgency to address past transgressions of the native people. Music can be an incredibly powerful tool to communicate a story or to send a message to elicit aRead MoreThe Music Video Beyonce1750 Words   |  7 PagesNarrative Perspective During the duration of the music video Beyoncà © makes numerous references to historical events. She uses these references as a way to illustrate the story and educate the morals behind them. For example, Beyoncà © purposely uses the sinking New Orleans police car to demonstrate the story behind the event. The narrator, Beyoncà ©, visually communicates the story of how Hurricane Katrina traumatically demolished the city of New Orleans. By laying on the sinking police car she is simplyRead MoreDemanding Rights From The Beginning : Franklin And Caillat Fight For Respect1140 Words   |  5 Pagesrelating these issues include â€Å"Respect† by Aretha Franklin (1967) and Try by Colbie Caillat (2014). Respect was originally written by Otis Redding (1965), but the reason I chose the Aretha Franklin version (1967) was to use her voice and her style of music to set and relay the theme of women s rights. Try is a Colbie Caillat (2014) original which is about being yourself no matte r what society thinks of you. Most women obsess over their image because of how society has shaped us to think that we, asRead MoreRihanna s Lack Of Female Empowerment Through Her Clothes And Actions1051 Words   |  5 Pagesinhumane. Beyoncà © demonstrates most of her feminist aspects through her music. She send empowering messages on her thoughts and believes in a patriarchal society. In fact, one of Queen B’s first girl empowering singles was â€Å"Single Ladies (Put a Ring on It)†. The song sends a very positive message to all the single ladies in the world by expressing the message of independence and vulnerability. The song is a typical girl-anthem song that identifies marriage as every single girl’s goal. The song speaksRead MoreI Naturally And Instantly Chose `` Bohemian Rhapsody `` By Queen1067 Words   |  5 PagesFor my song analysis assignment, I naturally and instantly chose â€Å"Bohemian Rhapsody† by Queen. This song was the anthem of the 70’s and still, our anthem today. Nothing compares to the harmonies and musicianship put into this song. Queen released Bohemian Rhapsody on October 31, 1975. This song was greeted like a gift from heaven in the largely desolated musical ground of the mid-70s Freddie Mercury is the writer of the song also pianist and a lead vocalist in Queen. He wrote the song in his

The Supply Chain Management Function Of A Canadian...

Flexibility, along with adaptivity and responsiveness, is becoming much more critical for businesses worldwide as increased globalization, shifting cultural values, rapid technological changes, expanded focuses on outcomes besides profits (e.g., ethical actions, social responsibility, environmental impact, and sustainability) and so on (e.g., Burke Cooper, 2004). For example, based on my own experience in the Supply Chain Management function of a Canadian multinational organization, while facing uncertain or unclear factors such as outsourced product and service quality, labour costs, currency exchange rates and so forth, we are now dealing with an increasing number of multi-channels with customers who, mostly, have much more demanding, specified and incoherent requirements on costs, lead time, process visibility, packaging standards and so on. However, while flexibility becoming much more essential for businesses, commitment is still and always the backbone for any businesses. Although, some business professionals still argue commitment is almost impossible in many cases where, especially, the targeted areas contain lack of predictability and tremendous uncertainties, recent success stories from Uber, Tesla and others should provide evidence that reasonable commitment can be preserved by businesses through timely and correctly adjustments in response to actual situations. In my view, commitement is the driving force for business developments and progressions, andShow MoreRelatedCross Cultural Communication Skills And Communication1318 Words   |  6 PagesWritten communication is communications transmitted through writing. It can include e-mails (asynchronic), letters, memos, faxes, formal reports, news releases. Formal communication is transmitted through the chain of command within an organization to other members or to people outside the organization. It includes internal memos, reports, meetings, oral presentations, external letters, written proposal, speeches, news releases, press conferences. Informal communication is transmitted outside formallyRead MoreQuestions On Ethics And Management Essay1094 Words   |  5 Pagesl level of management and all function, face situation wherein ethical consideration play a major role (Jamnik, 2011). Since supplying managers are dealing daily with suppliers and buyers where they have to confront daily with ethical progeny s and have to distinguish between them. These government issues lead to a crucial legal take could affect the governance itself and the stakeholder. In supply direction exercise the ethics are considered the telephone number one issue veneer supply managers todayRead Moreintermediate accounting 2 test bank Essay8318 Words   |  34 PagesCorporate, Partnership, Estate, and Gift Tax with HR Block TaxCut Pratt 4 2010 Federal Taxation with HR Block TaxCut Pratt 4 2011 Corporate, Partnership, Estate and Gift Taxation Pratt 5 2011 Individual Taxation Pratt 5 A Framework For Marketing Management Keller 4 A Survey of Mathematics with Applications Angel 8 ABCs of Relationship Selling through Service Futrell 11 Abnormal Psychology Perspectives Dozois 4 Accounting Horngren 7 Accounting Warren 22 Accounting Warren 23 Accounting : WhatRead More‘All Multinationals That Conduct Strategic Planning Go Through a Three-Step Process: Formulation, Implementation and Control’2298 Words   |  10 Pageswill discuss how Multinational enterprises (MNE) use strategic planning to achieve strategic goals. Its will also discuss and explain each stage of the strategic planning process which allows multinational to carry out a successful and useful plan. The three main stages, which are formulation, implementation and control, will be discussed in detail on how it is used by multinationals. ‘All multinationals that conduct strategicRead MoreHR Planning - Merger (Stonewall Case study) Essay1976 Words   |  8 Pagesthe parent company of Stonewall has seen enough of the volatility in the Canadian construction materials market and sells the company to a competitor, US Corp. Its subsidiary, Canadian Wallboard, and Stonewall will merge into one organization. What are the benefits of the merger to British Wallboard? US Corp? Canadian Wallboard? Stonewall? (10 marks) A merger is a consolidation of two organizations into a single organization. [1] There are certain benefits that derived from the merger, which wouldRead MoreAnalysis Of International Business Expansion Into Canada3506 Words   |  15 PagesSpokane Community College Analysis of International Business Expansion into Canada for a U.S. Based Hotel Chain James Murphy International Business – BUS120 Diana Osborne 16 June 2015 Summary Recommendation As a growing American hotel company, establishing a permanent place in local and national markets is our primary goal, and we wish to become nationally and internationally renowned as a business and tourist destination within the next 5 years. Our main mission is to provide high qualityRead MoreEvaluating the Mission and Vision of Starbucks Coffee Company1652 Words   |  7 Pagesorganizational purpose (mission) and a compelling vision for success (Campbell Alexander, 1997). Together, these two key elements define the guiding framework for the insightful creation of value (Campbell Alexander, 1997) that differentiates an organization from its competitors (Porter, 1996). Thus, knowledge of the critical elements that comprise meaningful mission and vision statements (Aguinis, 2009) becomes essential for achieving sustainable competitive advantage. As testimony, this paper assessesRead MoreMaxis Business Strategic Planning2198 Words   |  9 Pagesfinancial as well as operational pe rformance indices are incorporated in detail in the monthly management reports. On a quarterly basis, the results are reviewed by the Board to enable them to gauge the Group’s overall performance compared to the approved budgets and prior periods. 2. HUMAN RESOURCES (HR) The Human Resource Officer is responsible for providing support in the various human resources functions, which include recruitment, staffing, training and development, performance monitoring andRead MorePepsi: Supply Chain Management5028 Words   |  21 PagesContents Introduction Supply Chain Management is the process of planning, implementing, and controlling the operations of supply chain with the purpose to satisfy customer requirements as efficiently as possible. Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption. It is a cross functional approach to managing the movement of raw materials into an organization and the movement of finishedRead MoreA Comparative Study of Walmart6782 Words   |  28 PagesIntroduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.3 3. Walmart and the Canadian Marketplace†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦3 A. Country Competitiveness B. Cultural Environment C. Political and Legal Environment D. Entry Strategies 4. Walmart and the Mexican Marketplace†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.10 A. Country Competitiveness B. Cultural Environment C. Political and Legal Environment D. Entry Strategies 5. Summary Comparison of Canadian and Mexican Markets†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.18 6. Recommendation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦

Discuss Marxism and Functuionalism and Compare Free Essays

Compare Marxist and Functionalist Perspectives Compare and Contrast Functionalist and Marxist Perspectives Sociology is a systematic way of studying the social world. It seeks to discover the causes and affects of intercommunication and interaction that arise in social relations. â€Å"The science of society† was developed as a discipline in the 19th Century by Auguste Compte, a French philosopher. We will write a custom essay sample on Discuss Marxism and Functuionalism and Compare or any similar topic only for you Order Now For him, common sense and the obvious would not suffice; he wanted to build scientific theories based on critical awareness of society. The two main stems of sociological concepts are Positivism and Phenomenology. Both Functionalism and Marxism are Positivist theories. This means that philosophies are built by using scientific research methods to create structural perspectives. Positivism is called macro sociology because it looks at society holistically; it also emphasises the power of Society and how this effects man’s behaviour. Positivism was a philosophy from the Modern Era when society was industrial, England’s culture untolerating, the mass media conservative and pro-establishment. Role in society was extremely important; it was traditional and genders specific. Functionalism provided a static view of society. It was rooted in the work of Emile Durkheim, a French Sociologist and during the later stages, Talcott Parsons. Although functionalism was not a dominant theoretical perspective in sociology until the 1940s and 1950s, it first emerged during the 19th Century. Marxism was founded by a German philosopher, economist and sociologist, Karl Marx. Fredrich Engels also contributed to development the works. Marxism offered a radical alternative to the functionalism perspective and was developed in the 1970s. Both perspectives of Marx and Durkheim, aspired for a Utopian society. Functionalism views society like a biological organism. The parts or institutions of the organism or society function appropriately to ensure the whole structure works efficiently and effectively. The whole has greater power than the individual parts. The three main aims and objectives of functionalism are to maintain order, stability and equilibrium in society. Marxism became increasingly influential due to; the decline in functionalism, its promise to provide answers (which functionalism did not) and its mood reflected that of the times. It originally consisted of three related ideas: a philosophical view of man, a theory of history and an economic and political program. The basic principal was that production equals social enterprise. Man needs to produce food, materials, etc†¦ for survival, and in doing so; man enters into relations with other members of society. From a functionalist perspective, the main parts of society (its institutions such as education, religion and the family) are the foundations for social structure. These institutions have interconnected roles and interrelated norms to form a complete system. All of the institutions have a role to meet the functional prerequisites (society’s basic needs). Integration between the parts is necessary so therefor integration is a functional prerequisites in itself. Social relations are organised, in result of values providing general guidelines for behaviour. Functionalist, Talcott Parsons set out four functional prerequisites essential for society: Goal Attainment- setting goals, e. g. Government/Education, Adaptation- development of material world, e. g. Mass Media/Industry, Integration- promoting harmony and social solidarity, e. g. Religion/Family, Latency- meeting individual needs to satisfy demand, e. g. Family/Mass Media. From a Marxist view, the force of production is the collective term for all things needed for production. The means of production are those parts of production which can be legally owned (land, machinery, and slaves†¦ . Society’s infrastructure was made up of the forces of production plus the social relations. The Superstructure includes the institutions of society and is shaped by the infrastructure. This therefor means that the institutions are primarily determined by economic factors. Marxism relates class not to income or family like functionalism does, instead it is measured on how much land, mach inery†¦ is owned and controlled- so it depends on the means of production. The person(s) who had the most means of production are the ruling class. The ruling class produces the dominant ideas in society. Their domination relies heavily on the exploitation and oppression of others. The employer to employee relationship of exploitation is concealed by ideology. Some accept the ruling class conflict as natural and so are lulled into false consciousness. Functionalism relies on social stratification. Kingsley Davis, an American Sociologist and Demographer said â€Å"As a functioning mechanism society must distribute its members in social positions and induce them to perform the duties of these positions†. Without this casting of society’s members, the institutions would be unbalanced and equilibrium could not be reached. Functionalism sees this as a positive and inevitable aspect of society. In Marxism, the lower classes are exploited because they can be. Social change in Functionalism occurs when one of the institutions alters in some way. These changes only come about when society requests it. These changes in institutions cause society to behave, inevitably different. Marx believed all historical societies contain basic contradictions: the exploitation of one social group by another. Perhaps in a way, Marxism is perhaps a little more realistic than functionalism. Therefor, they cannot survive in the existing form. The major frictions are between the forces and the relations of production. A great deal of the wealth, produced by the workforce is appropriated in the forms of profit by the Capitalists- the ruling class. The wages of the workers are not equivalent to the wealth they produce and so the ruling class was exploiting and oppressing the working class. Marx predicted a new and final epoch. A society that would have complete equality. There would be no new force of production but the relations of production will be transformed. The ownership of production would be collective, as the members of society would share the wealth. The ruling class would no longer exploit or oppress the workers. It is interesting how Functionalists see people as unequal a positive thing and Marxists believe it a negative one. Functionalism fails to recognise social change, contrasting to Marxism which recognises and aspires to it. It is a conservative ideology which ignores the dysfunction’s and assumes every institution is positive for society. Marxism, on the other hand, accepts conflict and the arising social problems. The perspective tries to understand how to overcome societies problems by looking back over history and learning from past mistakes. Functionalists assume that everyone in society is in agreement and shares norms. It believes in the power of the institutions to socialise its members so well that deviance is rare. However, every society has deviants and so this statement is a little too confident. Functionalism shows us clearly the primacy of culture and socialisation via the social institution. Marxism underestimated the resilience of Capitalism, for example, Americas tragedy on the 11th September 2001. How to cite Discuss Marxism and Functuionalism and Compare, Papers

Concept of Innovation Ecosystem-Free-Samples-Myassignmenthelp.com

Question: Discuss about the Concept of Innovation Ecosystem in International Business. Answer: Introduction Innovation Ecosystem is a business model that emphasizes on the economic system of a business entrepreneurship rather than energy dynamics. This business tool is implemented to develop the technical improvement and innovation of an enterprise (Zygiaris 2013). There are various types of innovation ecosystems- science ecosystem, business ecosystem, and technology ecosystem and all of these has own unique objectives. The report excerpted from Exploring innovation ecosystems across science, technology, and business: A case of 3D printing in China encompasses the significance of Innovation Ecosystem and its components. The report also throws light on the approaches for the development of intangible relationships of the innovative ecosystem. The report ends by stating some methods to develop the innovation ecosystem for small and medium sized business firms to compete with the emerging fast-developing industries. Innovation Ecosystem and its Components An innovation ecosystem is a representation of the financially viable business dealings rather than the force dynamics of the complex business affairs. These links are created among performers or units whose practical aim is to facilitate technical progress and modernism. The performers here consist of the objects like finances, machineries, services and the human being resources like students, faculty, workforce, production researchers and business councils. All these put together create the organizational articles joining in the ecosystem (Romano 2014). The innovation ecosystem contains two distinctive, although chiefly alienated financial systems, the knowledge economy, which is determined by elementary research, and the business economy, which is determined by the market. Nevertheless, the two economies are dimly fixed, as the funds endowed in the knowledge economy are derivative from the business sector that comprises government research and development (RD) and reserves that ar e eventually derivative from tax revenues. Significance of Innovation Ecosystem There are two traditions to enhance financial productivity inside a market. They are-(1) by raising the amount of contributions in a dynamic method, or (2) by implementing inventive traditions to acquire additional productivity from the similar quantity of inputs. An ecosystem is said to be flourishing when it allows the firms to generate profits that an individual firm could not have produced all by itself. Many theoretical approaches such as open innovation, foundation strategies, platform management, hyperlinked organizations and assessment networks have demonstrated the benefits of these ecosystems (Xu et al., 2017). Innovation is assumed an elementary foundation of considerable wealth production within an economy (Durst and Poutanen 2013). A significant characteristic of an innovation ecosystem is to facilitate the resources accessible to the information market are attached to the funds produced by the business market. Another characteristic is that the ecosystem is the utilization of strategies to increase around a detailed technology (Autio 2014). Another significance of innovation ecosystem is that it evaluates whether these technical and scientific knowledge are imported to the values of business and whether these values of business are sustained by the development of local technology and basic research. Innovation ecosystem is mainly important for emerging industries to understand that there is soaring insecurity about advanced technological courses(Xu et al., 2017). Conclusion In the light of the above discussion, it can be concluded that an innovation ecosystem is flourishing and strong once the funds provided in the knowledge economy through private, government, or direct business savings are consequently refilled by modernization provoked revenue increase in the business economy. In the conclusion, it can be said that a strong innovation ecosystem is one that shuts the criticism circle between RD funds by modernization that boost earnings in the business market. References Autio, E., Kenney, M., Mustar, P., Siegel, D. and Wright, M., 2014. Entrepreneurial innovation: The importance of context.Research Policy. Durst, S. and Poutanen, P., 2013. Success factors of innovation ecosystems-Initial insights from a literature review.Pros. Co-Create. Romano, A., Passiante, G., Del Vecchio, P. and Secundo, G., 2014. The innovation ecosystem as booster for the innovative entrepreneurship in the smart specialisation strategy.International Journal of Knowledge-Based Development Xu, G., Wu, Y., Minshall, T. and Zhou, Y. (2017).Exploring innovation ecosystems across science, technology, and business: A case of 3D printing in China. Zygiaris, S., 2013. Smart city reference model: Assisting planners to conceptualize the building of smart city innovation ecosystems.Journal of the Knowledge Economy,4(2), pp.217-231.

Settle by Disclosure free essay sample

Disclosure revolutionized the modern deep house music scene. Ever since their founding in 2011, the 2 brothers from suburban London have come from teaching drum lessons in their family home basement to headlining festivals all over the world. Their freshman album Settle is one of my favorite albums of last year. The albums first song isWhen A Fire Starts To Burn. This song is a perfect way to start off the record. Containing samples of a speech from a Southern minister, the song has a groove to it that makes everyone dance. Latch, the second song, is one of the best songs of the album in my opinion. The track features British vocalist Sam Smith who uses his very powerful voice to compliment the songs throbbing. melody. Its not a shocker this tune is all over the radio. The third song is called F For You. This is one of several tracks of the album where Howard, the younger brother of the duo, actually lends his own voice. We will write a custom essay sample on Settle by Disclosure or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The combination of Howards distinctive voice and the make-you-wanna-move beat of the song caught the eye famous RB singer Mary J. Blige, who went on to remix the song, adding her vocals to it. Next up is White Noise, with funky British pop singer Aluna Francis.In this song, the beat fluctuates from very relaxed sounding to something with a lot of bass. This track, with a melody to it reminiscent of the disco music from the 70s, is sure to be a crowd pleaser, anywhere. Stimulation is the next one. This song, one of the only of the record that does not feature any guest vocalists as well as the halfway point of the album, is a percussion heavy, very danceable deep house jam. Voices follows. Containing lyrics from Sasha Keable, this track exemplifies how beautifully Disclosure incorporates gripping vocals into their music. Sasha’s voice is melodic and captivating. This track is one that is hard to resist putting on repeat. A more experimental track, Second Chance, Disclosure uses sweeping modular synths and dreamy and distorted vocals to show their diversity in the way they make music. This next one, called Grab Her turns rapper J Dillas lyrics into a dancefloor worthy song. You and Me featuring Eliza Doolittle revisits the old UKdeep housesound Disclosure seems to flawlessly produce and breathes a new life into the genre. Quickly transistioning from happy to more emotional sounding songs, Confess To Me, with Jessie Ware,contains abstract yet upbeat synths,warped by the vocals of both Jessie Ware and Howard Lawrence, giving the song a more cryptic and dark feel, yetstill showing Disclosures signature made-for-dancefloor trademark. The duo finishes the album with Help Me Lose My Mind, withthe strong voice of singer London Grammar. Full of love, emotion, and beauty this song ends leaving us pinning for more. On top of being amazing producers, Disclosure also has one of the most impressive live shows Ive ever seen. Combining their musical skills and modern electronic music devices, the shows consist of use of synths, keyboards, guitars, and drum machines. Also, the duo use laptops to create visuals based on the song being played, all while performing live. If you ever have a chance, go see them. At most shows, they even bring out different vocalists from the album. Thanks for reading!

The Girl Who Loved Tom Gordon1 essays

The Girl Who Loved Tom Gordon1 essays The story starts out with 9-year-old Trisha McFarland going on a hike with her brother and her recently divorced mom. Her mom, who is determined to give the kids a good time on the weekends together, dragged them to go on a six-mile hike on the Maine-New Hampshire branch of the Appalachian Trail. Her brother, Pete constantly fights with their mom since hes unhappy that they moved from Boston to small-town Maine. While hiking on the trail, Pete and their mom started bickering like usual, Trisha who had to go to the bathroom and was sick of hearing them argue, stepped off the trail for a little bit. She wanders a little too far off by herself, and tried to take a short cut back to the trail but soon realized that she was lost in the wilderness. While in the wilderness, she thinks about her loved ones: her Dad, who was the perfect father until his beer habit ruined him, her loving but stubborn Mom, and Trishas best friend, Pepsi Robichaud and her saying Dont go all GIRLY on me, McFarland! It was tough for her since she had to improvise, and try to remember hiking and camping tips her mother used to give her to survive. After the first night in the wilderness, she started having hallucinations, both good and bad, and drifting in and out of the real world. The bad one was the monster that she imagined that watched her every day while she slept, and sometimes followed her, whom she named the God of the Lost. After walking a few days, she started to find cruelly slaughtered animals and claw marks on the trees. The good hallucination was Tom Gordon, the baseball player who she loved and adored. He always popped up when she needed help, or when she was afraid. Her Walkman was the one thing that kept her sane, voices in the wilderness calmed her. It made things seem normal. Her favorite thing to do was to listen to the baseball games and cheer for Tom Gordon, pretending sh ...

A Psychological Analysis of Alice Walkers Everyday Use Essay -- Every

The human mind is divided into three parts that make up the mind as a whole. These parts are necessary to have a complete mind, just as the members of a family are needed to make up the entire family. The use of components to equal a whole is often exercised in literature. Alice Walker's short story, "Everyday Use," contains the idea of family and of the mind, therefore her work can be evaluated through psychological methods. Through their actions, the characters symbolize the three different parts of the mind: the id, the ego, and the superego. The first type of mind division, the id, "constantly strives to satisfy basic drives...[and] seeks immediate gratification" (Myers 379). In "Everyday Use," Dee's personality is equivalent to the id because she seeks her own personal gain and does not necessarily consider the consequences of her actions. Mama, the narrator in "Everyday Use," says that "Dee wanted nice things. She was determined to stare down any disaster in her efforts" (Walker 92). Dee strives for satisfaction in all she does; she will do everything in her power to get what she desires. The story recounts a situation in which Dee wants some quilts that were stiched by her grandmother, but Mama has already promised these treasures to Dee's sister, Maggie. Mama said that as she "[moved] up to touch the quilts. Dee moved back just enough so that [Mama] couldn't reach the quilts. They already belonged to [Dee]" (Walker 96). Mama explains that Dee is determined to gain possession of the quilts. Although the quilts belong to her mother, Dee has already mentally determined that the quilts belong to her. Dee's personality is comparable to the id branch of the The use of psychological strategies in the Walker's work shows that the characters are joined and create one unit, a family. Works Cited Alice Malsenior Walker: An Annotated Bibliography, 1968-1986. Eds. Louis H. Pratt and Donnell D. Pratt. Connecticut: Meckler Corporation, 1988. Everyday Use: Alice Walker. Ed. Barbara T. Christian. New Jersey: Rutgers University Press, 1994. Myers, David G. Exploring Psychology. Third edition. New York: Worth Publishing, 1996. Walker, Alice. "Everyday Use." Literature: An Introduction to Fiction, Poetry, and Drama. Sixth edition. Eds. X.J. Dennedy and Dana Gioia. New York: Harper Collins, 1995. http://www.dc.peachnet.edu/~shale/humanities/composition/handouts/sample/walker.html http://www.luminarium.org/contemporary/alicew/ http://www.seattletimes.com/extra/browse/html97/altalic_051697.html

Economics for Business Research Paper Example | Topics and Well Written Essays - 1500 words

Economics for Business - Research Paper Example With this in mind, the company has been in the forefront of creating subnotebook computer named ultra Personal Computer (UPC) which the Guiness World Records describes as "the smallest full-powered, full featured personal computer" (Oqo 2007). Unlike most of the products in the global business arena, the UPC which is offered by Oqo has not been driven by the demand of customers in the market. In fact, the creation of the product is through the company's effort of determining the evolving computing needs of the high-end clientle (Oqo 2007). Thus, the UPC is a product where the supply is generated first before demand. The demand curve for the UPC can be drawn as a downward sloping demand curve. Though the UPC is generally targeted to individuals who posses higher purchasing power through their level of disposable income, the product also appeals to the mid-level consumers who also wants mobile computing (About Us 2007). However, it should be noted that the high pricing strategy employed by Oqo is generally done to enhance the attractiveness of UPC. Thus, at a much lower price level, demand can be offset. It is also worth mentioning that UPC is a normal good because demand for it generally rises with increases in disposable income. Currently, Oqo is dealing with the rapid increase in demand for its products. The company's press release states that the company braces for demand as corporate clients has been more than eager to test the UPC (Press Releases 2007). Supply Being the pioneer in this technological innovation, Oqo has become the major supplier of UPC in the market. Thus, Oqo can be said to have a monopoly of the entire UPC market. The implication for this is the ability of the company to choose its own level of price and quantity supplied. However, it should also be noted that Oqo cannot fully exploit its power as a monopolist because of the presence of various substitutable goods like personal computers, laptops, and palm tops which are also used for the same function. Price As mentioned above, the innovativeness, quality, and image of Oqo's product commands a very high price in the market. As with any business organization in the market which invests huge capital for research and development, Oqo prices its products to compensate for these costs. The company's pricing strategy is generally putting a large premium over and above production costs. Oqo does not charge a single price for UPCs and practice price discrimination. It should be noted that the company charges different prices to each customer according to how much they are willing to pay. For example, the base price of the company's Model 2.0 has a base price of $1,499 but this can vary according to the product features and specification that the client wants to integrate in the product that he/she is going to purchase (Press Releases 2007). Production The production of UPCs are solely undertaken by Oqo which includes the assembly of components from its various suppliers. The company has a manufacturing plant where production takes place. Being a small company which is only comprised of 105 employees, it maximizes production capacity in order to cope with the burgeoning demand in the

Do Revolutions and Armed Conflicts Come or are They Made Essay

Do Revolutions and Armed Conflicts Come or are They Made - Essay Example Consequently, one group arises against the other with a common aim of redeeming itself. Conflicts are caused by different factors such as the struggle to control and access of natural resources such as water source, control of oil fields or a mining site. Harsh economic conditions lead to intra-state revolutions while oppressive political systems are prone to initiate a revolution. Moreover, ethnic diversity is also seen as a cause of armed conflicts since parties to conflicts may be described by their ethnic identities. Goodwin (2001, p. 8) argues revolution occur due to social and economic inequalities with the majority claiming that equality has been denied against them or the minority claiming superiority. Revolutions occur as a group seeks to profit itself, achieve honor or in an attempt to prevent dishonor. In the 1960s there were revolutions in New York by civil rights activists demanding for equal rights for the African -Americans who were opposed to social and economic exclu sion. This paper presents a discussion of various causes of conflicts to support the argument that armed conflicts and revolution are actually made and do not just come. ... 8), the political organization of any state can be categorized into three dimensions. These dimensions include the type of state organization that is, whether the nation is bureaucratic or patrimonial. Political organization also includes the type of political regime adopted in the state; that is whether the system is inclusive/liberal or exclusive/repressive. Moreover, the third political structure dimension is based on the infrastructural power in the country; is it strong or weak. Goodwin (2001, p. 30) argues that a political system which is repressive and infrastructurally weak works to incubate revolution in both a bureaucratic and patrimonial regime. In addition, he observes that revolutions are more likely to succeed against patrimonial regimes than in bureaucratic systems. Goodwin (2001, p. 30) notes that patrimonial states do not facilitate the implementation of initiatives that can successfully oppose a popular revolution. Goodwin (2001, p. 11-12) describes that in bureaucr atic structure appointments to positions are made based on achievement in a particular specialized training while in a patrimonial system; appointments are based on political loyalty, kinship or ethnicity. He observes that in contrast to bureaucratic regimes, patrimonial systems are inefficient. Furthermore, Goodwin (2001, p.50) asserts that patrimonial regimes strengthen revolutionary movement by weakening other counterrevolutionary elites who are viewed as their chief opponents. This supports the argument that revolutions are actually made by the political system. Goodwin lists various patrimonial regimes including; Diaz in Mexico, Ceausescu in Romania and the Shah in Iran. Goodwin (2001, p.123) supports the argument that political system incubate conflicts by presenting

Earning Management Essay Example for Free

Earning Management Essay â€Å"Earning Management† refers to those accounting practices that may follow the letter of the rules of fundamental rules of accounting practices but unethically misrepresented to the users of accounting information. For the personal interest managers often try to show outstanding performance of the business and use the strategic way to falsify Income, Assets or Liabilities. Earning Management as generally understood refers to systematic misrepresentation of the true income and assets of corporations or other organizations. Creative accounting is at the root of a number of accounting scandals, and many proposals for accounting reform – usually centering on an updated analysis of capital and factors of production that would correctly reflect how value is added. Quality of accounting information is one of the Fundamental Concepts of Accounting Framework. Where it’s mentioned that, accounting information must be Relevant, Reliable, Comparable, and Consistent Comparable (Intermediate Accounting by Keiso, Weygandt, Warfield, 12th edition). Unless having these qualities a report cannot be treated as qualified. Managers that always promise to make the numbers will at some point be tempted to make up the numbers. – Warren Buffet Definition of Earning Management * Managing earnings is â€Å"the process of taking deliberate steps within the constraints of generally accepted accounting principles to bring about a desired level of reported earnings.† (Davidson, Stickney and Weil (1987), cited in Schipper (1989) p. 92) * Managing earnings is â€Å"a purposeful intervention in the external financial reporting process, with the intent of obtaining some private gain (as opposed to say, merely facilitating the neutral operation of the process).†Ã¢â‚¬ ¦ â€Å"A minor extension of this definition would encompass â€Å"real† earnings management, accomplished by timing investment or financing decisions to alter reported earnings or some subset of it.† (Schipper (1989) p. 92). * â€Å"Earnings management occurs when managers use judgment in financial reporting and in structuring transactions to alter financial reports to either mislead some stakeholders about the underlying economic performanc e of the company or to influence contractual outcomes that depend on reported accounting numbers.† (Healy and Wahlen, 1999, p. 368) Motivators Earning Management * Meet financial analysts estimates of earnings that leads to performance-based compensation * Raise the stock price thereby enhancing the value of stock options * Smooth net income making it appear that the earnings are increasing at a steady rate * Make it look as though future earnings are higher than they really are by establishing cookie jar reserves (inflated expenses) in the current year that can be drawn on in future years. (Dr. Steven Mintz, Professor and Area Chair, Cal Poly, San Luis Obispo) Conceptual Framework for Financial Reporting From this figure we’ve indicated that in the level – 2, where bridge between 13 creates should be the concerning point of maintaining the qualities of Accounting Information. Qualities are not only help to detect falsification, but also helps users to take decisions. Primary Qualities: * Relevance – It helps users to predict the ultimate outcome of past, present, and future events. It also helps users to predict that, how much loss/profit company can made. * Timeline – Specific timeline of accounting period helps users to trace out the business performance over the years. * Reliability – To assure that the information is verifiable, faithful and reasonably free of error and bias. Secondary Qualities: * Comparability – The reported information should be measured such a way that it can be compared with other company’s reports. * Consistency – Treatment of similar events from period to period must be used by same accounting standards. Standards cannot be changed suddenly, unless it’s proved that new method is better than previous. Perspective of Earning Management There are two perspectives on earnings management. (1) the Opportunistic perspective, states that managers seek to mislead investors by showing attractive predetermined accounting information, (2) the Information perspective, first enunciated by Holthausen and Leftwich (1983), under which managerial carefulness is a means for managers to reveal to investors their private expectations about the firms future cash flows. (Earnings Management: A Perspective by Messod D. Beneish) Accrual vs. Earning Management Plenty of research report shows managers try to use Accrual in financial engineering. Accruals are the difference between net income and cash flows. For example, when companies sell items to others on credit during a growth period, the sale creates an accrual of revenue. When companies engage in earnings management, they can increase or decrease income by creating accruals; these are often referred to as non – discretionary (flexible) accruals. Reasons behind using accrual as the engineering tool are – * Accruals are the principle product of GAAP, so it’s easy to do falsification with camouflage. * Accruals resolve some problems related with the effects choosing various accounting methods. * It will be hard for investors to see effect of unobservable components of accrual. Types of earnings management Theoretically there are two types of earnings management. They are income increasing and income decreasing earnings management (Messod, 2001). a) Income Increasing earnings management: As the name suggests, income increasing earnings management is the process to boost up net income of the company intentionally (to hide the poor performance) so that investors get some wrong signal about the firm’s financial position and performance and make the decision of investing in to company (Messod, 2001). Management are motivated towards increasing earnings management because of getting more debt and equity Financing. b) Income decreasing earnings Management: This process of earnings management is done by decreasing the amount of net earnings. Management is more involved in income decreasing earnings management is to get future compensation like: reducing this month’s earnings by increasing expenses, they ensure the profit from the next month. Also tax avoidance, import tariff rel ief, union negotiations etc. are other reasons for manager’s motivation towards income decreasing earnings management (Messod, 2001). In corporate world these are the types of earning management mostly done by the management: a) Revenue and Expense Recognition Under standard accounting rules, a company must record revenue in its books when it earns that revenue not when it actually receives payment. Similarly, it must record expenses when it incurs them not when it actually pays money. These rules leave room for companies to manipulate their numbers for earnings management (www.budgeting.thenest.com). For example, say a company signs a deal on December 1 to buy $1 million worth advertising time on TV over the next two months. The company could recognize the entire expense in December, recognize the whole thing in January or split the difference. If it records it all in December, then that years profit will be lower by $1 million but the company will get a head start on the next years profit by not having any advertising expenses in January. Profits have been shifted from one year to the next with an accounting t rick. b) Cookie Jar Reserves Companies shift earnings around by creating overly large reserve accounts in good years, then drawing them down in bad years. For example, when a company sells a product with a warranty, it must recognize the estimated expense of honoring that warranty at the same time it books the revenue (www.budgeting.thenest.com). A company might conclude that it incurs warranty costs of $10,000 for every $1 million in sales. If its having a particularly profitable year, it might decide to take a $30,000 warranty expense per $1 million in sales. That builds up a big warranty reserve now so that the company doesnt have to record warranty expenses in the future, thus shifting profits from one period to the other. This tactic goes by the name cookie jar accounting, because it essentially stashes excess profits away to be used when needed. c) The Big Bath There will be times when a company simply cant avoid a bad year. No matter what it does, its going to post a loss because of a sour economy, unfavorable market conditions, and legal trouble, whatever. Some companies, though, deliberately make a bad year even worse by shifting all kinds of expenses, one-time charges and write-offs into that year and shifting revenue out of it. This allows it to inflate profits in future years (www.budgeting.thenest.com). The reasoning behind this strategy is that if the company is going to take a bath, it might as well take a big bath. The companys stock price was going to suffer anyway, the thinking goes, and the damage probably wont be that much worse if the company inflates the loss. Indicators of Earnings Management We have find out five factors which can be important indicators of earnings management: a) Political connection and earnings management: Firms with political connection (large number of stockholder, or CEO or board of directors of the company is a parliament member) are more involved in earnings management (Paul, Mara and David, 2010). Mainly the reasons are- political leaders help the particular firm involved in earnings management to avoid penalization by SEC and also political leaders use these companies’ financial performance and position to increase their public image. b) Internal Audit and earnings management: This one is another major indicator of earnings management. If the quality of internal quality is low there are some possibilities of earnings management. According to the research, if a company is having high quality internal audit, they might be less motivated towards earnings management (Douglas, Jason and David, 2008). Main reasons are: these internal auditors are more professional, responsible towards their job and they barely miss the expert’s expectations. c) Financial transparency and earnings management: Many studies have shown that financial transparency and earnings management are related. If a particular financial report is more transparent then the manager are less interested toward earnings management (James, Robert and Cheri, 2004) The main reason behind this situation is detail information about the accounts including: change in depreciation methods, details about each and every account will help investors to find out any manipulation done by the manager.

Gun Control Is Not Crime Control Essay example -- Second Amendment The

Gun Control is not Crime Control Americans are faced with an ever-increasing problem of violence. The streets of America are now a war zone. Teenage gangsters murder one another for drug territory, and innocent victims are caught in the crossfire. However, most recent and most abhorrent, is our children are killing one another. They are killing with extreme prejudice. Our children are killing, exhibiting little or no remorse for lives they have taken. We cannot ignore the carnage our society endures due to the criminal behavior of a minority, obviously lacking the basic moral behavior regarding human life. Nevertheless, we must not be misguided in our efforts to address the problem at hand. To eliminate the right of citizens to own firearms is not a solution. Violent crime is not an issue that has reared its ugly head in the nineties. The prohibition of alcohol was the beginning of what historians considered the most violent time in modern history. Prohibition sparked murderous wars between mob families for the black market alcohol trade. The government in their infinite wisdom made the ownership of fully automatic firearms illegal, as a solution to the increased violence. I do not see any need for anyone to own a machine gun, then, or now. Nevertheless, the ban on the firearms did not curb the violent behavior of the criminal element. The ban created a new black market. It was the repeal of the prohibition of alcohol that ended the massacre. This is a parallel to the drug ...

Venetian Society in the 16th Century

During the 16th century Venetian society was one very much of who u knew and what name u carried. I gathered this from reading act1 scene1 when Iago and Roderigo are talking of Iago's failure to secure the position of ‘The Moor's lieutenant, ‘In personal suit to make me his lieutenant. ‘ To start with, it becomes clear at the very start of the act that Iago is simply using Roderigo as a pawn in the plan he has conspired, both for connections and for money, as Roderigo says ‘I take it much unkindly that thou, Iago, who hast had my purse As if the strings were thine shouldst know of this. The way in which Iago replies is a brush off of Roderigo's worried and confirms that he is only using this man for obviously his money and probably his connection as we know that Roderigo is a man of good name, and one of no great intelligence. Iago goes on to use Iago in his telling Brabantio of his daughter's antics with ‘The Moor'. This leads me on to two more points about this society. Iago is telling Brabantio of the whereabouts of his daughter, ‘Look to your house, your daughter and your bags! The mention of Desdemona, the daughter, comes in mention with a list of Brabantio posession's. This is indicative of the way in which women were regarded during this time in Venetian Society. In Shakespeare's play Othello many aspects of society are undertaken and explored, the three women in the play hold vital roles in this, we later find that only one of the women in this play survives. Women were thought of as possessions, particularly of their father's and then later on, of their husband's. Talking of Desdemona's ‘elopement' with Othello is also indicative of the racism present within the society. Iago refers to Othello as an ‘old black ram' and ‘the Moor. ‘ Both of these are very racist names, a Moor is a coloured person from Africa, and the reference to animal form is insulting in itself, even more so when stated along side ‘old'. The way in which Iago talks is very crude and provocative towards Brabantio, ‘you'll have your daughter covered with a Barbary horse, you'll have your nephews nigh to you. This is a reference to Othello as a ‘Barbary horse covering', again using animalistic imagery to insult, and using Othello's race to upset Brabantio more than need be. By ‘covering', Iago is implying to Brabantio that his daughter is having sexual intercourse with Othello, aiming only to make matters worse. This idea of racial discrimination is also present at the beginning of the scene when Iago talks of ‘Michael Cassio', the man whom Othello came to choose as his Lieutenant. He refers to him as a ‘Florentine', clearly meant as an insult, implying that even within Italy as a country, there is prejudice between separate counterparts. I believe that part of the reason for Brabantio's anger when he finds out about his daughter's disappearance is because of Othello's race. There is obviously a relatively substantial gap in age, although I do not believe this to be an issue for those involved, as it was common policy to marry young daughters to older men at that point in time. The irony of the situation is that Othello is most likely more of a successful man in business than any rival suitor Brabantio may have selected for his daughter – True success counts for very little. However, despite evidence of racism, there is some contrary evidence. Othello, though a coloured man has far exceeded Iago or Roderigo in success, and Iago is clearly prejudiced toward Othello because he was not offered the job as Othello's ‘right hand man', and towards Cassio because he was chosen to be so. This leaves me with the impression that within this society prejudice was only formed if you happened to exceed someone else or they felt some reason to be jealous. Overall I have gathered that the Venetian society at this point in time was an excusive and wealthy society in which a good name was everything and loyalty and honesty were of very little worth, as Iago exaggerates when talking of his want to ‘Whip me such honest knaves†¦ Have some soul' (lines 44 to 54).

Importance of Command Essay

The chain of command is an important structure in the military. First it allows problem to be handled at the lowest level possible in the command. If a military personnel has a problem he would go to his NCO first before going to their SCNOs or Commander; this way he isn’t stepping on people’s feet and everyone is aware of the situation so they can get it fixed. You also have to think of it in a war situation. If there was no chain of command then everyone would think they are in charge. If an NCO tells a private to go do this, then the private knows to just go do it. If there was no chain of command then the private would probably try and tell the NCO off and then he will probably end up getting shot by the enemy. You work your way through the chain of command by rank and experience. This is why no one is going to question an order coming from someone higher ranking with more experience. As well as if the person believes that their situation needs to be addressed and executes the wrong decision then what more can that person do? Everyone learns through their mistakes and no one is perfect in this world, but with a bad situation comes with bad judgment and lack of decision making. In the civilian world they also use Chain of Command as well for example, most organizations have an established chain of command that is essential for effective management, accountability, and a strong means of operation. Whether it’s because individuals now have higher expectations or perhaps it is simply out of force of habit, many of us want to go right to the top with our complaints. In terms of fairness and efficiency, this is not appropriate for their athlete programs as it creates the necessity for an established chain of command. As a leader, you must start by educating everyone on the significance of your chain of command. You can do this in a variety of ways to give the person in need of dire help ready for anything. We initially cover the chain of command in boot camp when a recruit needs to use the head or needs to go to medical for any apparent reason. Because of the strong support from our Chain of Command and our efforts to educate and communicate and have high expectations, most new military personnel observe the neglect as if no one cares for them. For this they need to be supportive to them and give them that security that everything is getting handled as fast as they can, as a result this will significantly decrease the number of complaints and any further problems that may occur or rise. In any situation the NCOs will tell the lower rank have you mentioned this to anyone or how long has this problem been going on. In any form of situation regardless if they brought it up or not, the chain of command needs to be properly used in order for the personnel not to get in any trouble. Back to summarizing boot camp; while the recruits were in the depot they aren’t used to being yelled at or being bossed around like if they weren’t anything but as the days went on they grew accustomed to the new procedures that they were doing. Whatever the reason they needed to talk to the Drill Instructor, they went and knocked at the hatch of their doors and said the correct phrase and correct greeting of the day. After being heard they would ask the Drill Instructor if they could use the head or go to medical or go to dental or if they have any financial issues back home or had to go the bank or post office for any reason. It not only starts while you’re in boot camp but as being back home when you were still a civilian. When you need something you were still using your chain of command with your parents, depending which one was more soft or tough on you that’s the person you would go talk to about whatever you needed or wanted. For example, if you needed gas money or a ride to the movies you would ask your parents, could have been your mother you ask because she could be the soft one that would allow you to go or give you money of any kind. As a result not only do we use chain of command in the military but we used it back home and never realized it until you enlist in the military and experience it yourself. Leadership, accountability, efficiency, morale, and a sense of order all depend upon your chain of command. Why it is important to follow proper instruction procedures in the military is for many reasons. As military personnel, it is our responsibility to not only follow instruction/orders, but to execute the command. Not following orders can result into consequences not only for the personnel whom committed not following instructions, but also it can put others at risk too. Like your NCO in charge of you, to your Team Leader, to your Platoon Sergeant, to your 1st Sergeant, to your Company Commander, to your Brigade Commander, and so on. Not only can your NCO in charge of you, your Team Leader, your Platoon Sergeant, your 1st Sergeant, your Company Commander, and your Brigade Commander could all get into trouble for your actions of not following direct instructions/orders. But some may lose rank in the process including the personnel whom didn’t follow the specific instructions/orders giving by a personnel higher rank than those individual personnel. Also when you are down range deployed to Iraq, Afghanistan, North Korea, and other combat places we have our units fighting the war at, not only can a personnel lose rank but in fact not following directions/orders you could get a personnel fighting alongside of you in the war killed in combat but you as well. Try to explain to a spouse, or a mother and father, better yet the personnel kids that the reason why your parent, father or mother isn’t coming home to see you is because you failed to follow proper instructions/ orders giving to you and that is why your parent father or mother isn’t coming home to you. Not only is it important to follow instructions/orders, but you as the military personnel could lose rank. The purpose of the Chain of Command is to install structure, discipline and respect into newer enlisted military personnel. Each branch has its own secretary that assigns forces under their jurisdictions to unify and specific commanders they perform missions and report back to their chain of command. The chain of command starts with the Commander-in-Chief (the U. S. President) and works its way down to the lowest ranking private in the Army, Navy or Marine Corps. Within the military, the chain of command is a method for leading and communicating. In addition to being a chain of command within the officer ranks, one of the main purposes of the chain of command is to be the back bone of the NCO support channel. The discipline and order that the every branch maintains is what makes their branch the strongest in the world. From the moment you raise your hand and join the military you do as you are instructed at any time to complete any mission during the time allotted, once completed whoever at the time has to report back to the Chain of Command. The chain of command is extremely important. The importance of the chain of command is that it provides stability inside the work place for when incidents come about that need to be dealt with it sets up the structure for which you report all good and bad thing accidents, mistakes, tardiness, and anything that can allow the mission of the day to be slowed down. All incidents in essence are intended to be dealt with on the lowest level before it is brought up to highest personnel as well as other reason’s such as it helps build leadership, responsibility and common knowledge of how to run a stable work place. Such as the leadership aspect it helps people who are or would not normally be able to take control of situations and control how things are ran they can take control and help whoever it is with the problem When it works well. When it doesn’t work right, leadership is ineffective and some personnel end up doing other people’s jobs for them.

Free Essays on Need For Affirmative Action

Affirmative Action Affirmative action was created in an effort to help minorities leap the discriminative barriers that were ever so present when the bill was first enacted, in 1965. At this time, the country was in the wake of nation-wide civil rights demonstrations, and racial tension was at an all time high. White males occupied most of the corporate, executive, and managerial positions that controlled the hiring and firing of employees. The U.S. Government, in 1965, believed that these employers were discriminating against minorities, and believed that there was no better time than the present to bring about change. When the Civil Rights Law passed, minorities believed that they should receive retribution for the earlier years of discrimination they endured. The government responded by passing laws to aid them in attaining better employment and education as reprieve for the previous two hundred years of suffering their race endured at the hands of the white man. This is known today as affirmative a ction. Affirmative action was supposed to be the solution. What originally started out as a good plan would later become a case of reverse discrimination. The affirmative action program consisted of a quota of minority employee’s as well as students that an employer or academic school must employ or admit. By imposing a quota system, doors and opportunities opened to minority workers and students that had previously been closed. Therefore, minorities were given a foot into an otherwise closed door. While the government opened the door, it was up to the individual to succeed on his or her own. A 1995 study conducted by Rutgers professor, Alfred Blumrosen, shows that five million minority workers have better jobs today then they would have had without affirmative action. Since the adoption of these laws, minority enrollment at Ivy League Colleges has risen from one percent to more than five percent. Before the Civil Rights Act of 1964,... Free Essays on Need For Affirmative Action Free Essays on Need For Affirmative Action Affirmative Action Affirmative action was created in an effort to help minorities leap the discriminative barriers that were ever so present when the bill was first enacted, in 1965. At this time, the country was in the wake of nation-wide civil rights demonstrations, and racial tension was at an all time high. White males occupied most of the corporate, executive, and managerial positions that controlled the hiring and firing of employees. The U.S. Government, in 1965, believed that these employers were discriminating against minorities, and believed that there was no better time than the present to bring about change. When the Civil Rights Law passed, minorities believed that they should receive retribution for the earlier years of discrimination they endured. The government responded by passing laws to aid them in attaining better employment and education as reprieve for the previous two hundred years of suffering their race endured at the hands of the white man. This is known today as affirmative a ction. Affirmative action was supposed to be the solution. What originally started out as a good plan would later become a case of reverse discrimination. The affirmative action program consisted of a quota of minority employee’s as well as students that an employer or academic school must employ or admit. By imposing a quota system, doors and opportunities opened to minority workers and students that had previously been closed. Therefore, minorities were given a foot into an otherwise closed door. While the government opened the door, it was up to the individual to succeed on his or her own. A 1995 study conducted by Rutgers professor, Alfred Blumrosen, shows that five million minority workers have better jobs today then they would have had without affirmative action. Since the adoption of these laws, minority enrollment at Ivy League Colleges has risen from one percent to more than five percent. Before the Civil Rights Act of 1964,...

The Oklahoma City Bombing Research Paper Example | Topics and Well Written Essays - 1250 words

The Oklahoma City Bombing - Research Paper Example In early life, McVeigh spent the life of a Roman Catholic American, who was being bullied due to his tiny stature. Professor Douglas Linder associates McVeigh being bullied and his grandfather’s hunting skills with his weaponry interests (as cited in Rudkin, n.d., p.2). According to CNN, McVeigh consistently remained a conservative and registered Republican. He participated in American Gulf War after joining army (Michel & Herbeck, as cited in Rudkin, n.d., p.2).Hoffman (1997) explains that aspiring for US Green Beret McVeigh disapproved US involvement in Iraq and Kuwait (p.2). Rudkin (n.d.) further stresses that military is the only institution that conditioned McVeigh’s in-group and out-group perception and use of violence to take action against â€Å"other† or enemy(3).Which he utilized in attacking government in defense of Patriot Movement. Turk (2004) argues that McVeigh’s military engagements contributed his self-definition of a soldier and the idea of â€Å"collateral damage† inflicted on innocent (may be children) while performing his duty (p.279). Turk (2004) further highlights McVeigh’s failure in joining Green Beret unit. Responding to failures, McVeigh became increasingly interested in extremist literature, such as, â€Å"The Turner Diaries† (p.247). It was a novel by supremacist William Luther Pierce (Rudkin, n.d.p.3).According to Anti-Defamation League (ADL) it narrate a future of US federal government under Jewish control.ADL also revealed the presence of passages from â€Å"The Turner Diaries† in McVeigh’s car on the bombing day. Linder believed that McVeigh’s nescient extremism transformed into action after observing FBI’s Waco and Ruby Ridge operations. Linder further reveals that numerous non-combatant and children deaths in twin incidents motivated him to â€Å"strike back† (as cited in Rudkin, n.d., p.5). Rudkin (n.d.) believe that it was the depiction of McVeigh’s struggle against oppression of bureaucracy and a

Psychological Factors of Crime and Constitutional Criminal Procedure Thesis

Psychological Factors of Crime and Constitutional Criminal Procedure - Thesis Example Psychoanalytic Theory Sigmund Freud talks about the â€Å"psychoanalytic theory†. According to this theory, the human mind in its natural stage does not harbour any sort of crime or hatred towards the community or its fellow beings. However, once the human being starts interacting with the society do the traits develop of negativity and crime. While the person interacts with people around him, he starts altering his mind and behaviour according to the developments taking place within the society. This can have a huge impact on the behavioural aspects of the human beings. The theory talks about the stage from an individual starts to give birth to negative traits about humanity. This happens if the person is outward in his emotions and tends to dislike and be disinterested with his life. Once he starts to get disinterested in the role of his life according to the societal needs, there is a great chance that he may start questioning the very reason for a society to exist. Once al l these questions brew in his mind, it all gives birth to a criminal mind, which accompanied by outward nature of emotional occurrence could lead to killings and other aspects of crime. So on one hand we see that human behaviour is always positive, but on the other hand we find that there are instances and situations where the negativity within the human mind takes over the conscious framework of happiness ad goodness for fellow beings, due to the nature of the society that the man starts to develop hatred for the same. It is extremely tough for minds which are weak in their consciousness to hold them tolerant for all the negativity surrounding their habitat. At the end of the day a lot of people do give in to the unfortunates of the society, and the fact that they are not able to defeat that negativity in their minds leads to crime in the society, whereby they take weapons and other means of mass destructions to eke out this negativity somehow form their system. One of the main rea sons of crime is the fact that the person who has developed a criminal mind has not been able to throw out the frustrations and negativity which has been living in his mind out of his system. Frustrated with life and other aspects of the society, he tries to find out means to throw away this frustration. But unfortunately he is not able to. Once he realizes that it is not going anywhere for him, and the fact that society seems to be largely responsible for his growing frustration and negativity, he decides that the best way to throw away such frustration is to give the negativity back to the people of the society, And this is where the phenomenon of crime starts to develop. A person takes upto crime due to a lot of sociological factors which get embedded into psychological factors. Society has been very much responsible for the derailment of humanity and the development of crime. The factor of crime always remains a negative factor as no one individual has been attracted to commit a crime in the first place. However, social inequalities and differences which have been casted upon the people have led to the ever growing situation of crime across different societies. Let us take an example of a man who has been going through a rough patch. He has been side-lined in his profession and does not have any hope to survive in his life. On top of that, his house is under stress from the landlord who

LOG503 Managing Logistics Operations (MOD 2) SLP Essay

LOG503 Managing Logistics Operations (MOD 2) SLP - Essay Example The logistical system of Wal-mart must work flawlessly so as to be able to manage such a big store. Wal-mart has a distribution system that distributes nearly 85 percent of the total wares sold in its own stores (Atchmeyer, 2002). Wal-mart’s major aim is to sell its goods at the lowest price possible (Atchmeyer, 2002; Mohan, 2003). To achieve this, Wal-Mart obtains goods directly from the manufacturers and sells them directly to its retail customers bypassing all intermediaries (Mohan, 2003). Thus Wal-mart has its own distribution centers strategically located at different locations all over the US. The strategy employed here is that one distribution store can serve 150-200 stores (Atchmeyer, 2002). This has made sure that the stores no matter how far they are are within one day’s driving distance (Atchmeyer, 2002). The distribution centres operate 24 hours a day because the conveyer belts are laser-guided (Atchmeyer, 2002). An advanced opportunistic cross-docking procedure is in use; as the goods are picked directly from the manufacturer’s premises and directly taken to the retail consumers. This ensures that the systems are very efficient as well as they do not need to store the material (Atchmeyer, 2002). It is basically from the stores directly to the shelves. The company owns a fleet of over 12,000 trailers 3,000 trucks (Mohan, 2003). In contrast to its competitors who subcontract the trucking services (Magretta, 2002). Additionally, the company is quite meticulous in hiring its drivers. For a driver to qualify to work for Wal-Mart, they got to have a track record of over 300,000 accident free miles without any major traffic violations (Mohan, 2003). Wal-Mart has developed a number of methods to individually deal with each of its stores inventory (Magretta, 2002). The solutions are tailor made for each individual store in order to cover the logistical challenges posed. These measures

Social Development Theory Essay Example for Free

Social Development Theory Essay As a parent, I would agree more with Vygotsky’s theory concerning child development rather than Paiget’s. Though children do progress at different rates, I believe that they are capable of more learning at an early age than Piaget’s theory allows. Piaget also states that learning should supersede social development in all cases while Vygotsky’s theory allows for social development to be as important and in some cases more important than intellectual learning. While a child may be extremely intelligent, it will be difficult for them to function in society without having a strong foundation socially. Much of our society is based on social interactions and how well we as people handle ourselves in certain situations. A child who is not properly socialized will have a very difficult time knowing how to deal with their peers in a social situation. To ensure that my child has a very balanced background both intellectually and socially, I would first make sure that they attend school in a traditional setting, whether in a public or private school. Children need to learn, but they also need the company of other children and to be able to consult their peers concerning a shared experience. It is important for children to share in social activities as well as to be able to experience different things from each other and with other children. Another exercise would be to encourage my child to participate in a cultural activity such as dance classes, martial arts, or playing an instrument where they can receive personalized and community education, as well as team activity, such as a local sport. This would give the child a shared experience as well as a productive outlet to channel their energies and a positive adult role model outside of the family unit. Children should be socialized not only with other children but also with adults in a structured, formal setting that allows them to have a positive relationship with both adults and children socially. Works Cited Santrock, J. W. (2007). A Topical Approach to Lifespan Development, 3rd Edition. Dallas: McGraw-Hill.

Organisational Risk Management in Project Management

Organisational Risk Management in Project Management CHAPTER 2 2.1 Preview This chapter provides the reader about the theory and rationale behind the use of Organisational Risk Analysis (ORA) on project management and its methodologies available in the market. It will also cover the work of different authors to afford better understanding of the subjected area i.e. Project management, Risk analysis and Organisational risk analysis. The source of information of this literature review is mainly from books, journals and white papers. 2.2 Introduction Through this literature review one can know what others understanding about this study i.e. nothing but historical perspectives. First part of the literature focuses on project management and risk analysis and risk analysis types, second part of this literature focuses on Organisational Risk Analysis (ORA) and Role of ORA in Project management. It mainly concentrates on Project management, risk analysis and organisational risk analysis. 2.3 Introduction to Project Management: PMBOK (Project Management Body of Knowledge as defined by the Project Management Institute — PMI):Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements. (PMI 2004) According to James P. Lewis â€Å"The Project management is facilitating the planning, scheduling and controlling of all activities that must be done to achieve project objectives† (James P. Lewis: 2007) PRINCE 2 project management methodology: The planning, monitoring and control of all aspects of the project and the motivation of all those involved in it to achieve the project objectives on time and to the specified cost, quality and performance. A project is usually one time activity with a well defined set of desired and results. It can be divided into subtasks that must be accomplished in order to achieve the project goals. In this day and age also it is assumed that project management can be enhanced by scientific methods. There is a very strong reason why these beliefs are created, it all accounts to the fact that todays modern world has given professionals numerous amount of opportunities to execute their projects successfully. Such are the kind of investment options that are given to project investors. They are briefed with all the minute details so that they feel that their investment is secure. They also make sure that the estimated time of completion and the end can be calculated at the beginning of the project itself. The decisions that are taken on a technical basis or which are taken looking at the low opportunity costs that it presents are reversible in nature. The demand for resources can also be calculated once the initial parameters such as the duration and time frame of the project are estimated. Due to the advancement in technology even the most terrible consequences can be predicted. à ¢â‚¬Å"The failure of the project was due to the lack of skills rather than an inappropriate feasibility, suitability or acceptability of the solution. This is a normal–science view of project management.† (Charette and Robert, 1996) The projection of ideas and activities into new accomplishments are one of the common characteristics of all projects. There are many different definitions of what constitutes project management such as â€Å"An unique set of co-ordinated activities, with definite starting and finishing points, undertaken by an individual or a team to meet specific objectives within a definite period of time, cost and performance parameters† (Office of Government Commerce). (Web4, 2009) J. Pinto and Prescott (1990) stated, â€Å"Researchers in project management need to first and most importantly offer a comprehensive, inclusive, and clear definition of project success before attempting to undertake studies of the project implementation process†. (J.Pinto and Prescott, 1990) The modern project management started in 1950s, before this period projects were executed in an unplanned manner and the methods and tools used for execution were not professional in nature. The importance of project management is a very important topic because all organisations i.e. either be they are small or large organisations, those are involved in implementing new accomplishments. These accomplishments may be diverse, such as, the improvement of an innovative product, introducing a new range of products in a manufacturing base, a promotional advertisement or a major construction project. In the 1980s the focus was more on the quality of work. Globalisation played a huge role in the 1990s as we were trying to improve our economy, the 2000s saw projects with decreased time frames. A new field known as project management was developing from all new areas of application which included construction, engineering, telecommunications, and defence. This emerging field has now become an important part of our economy as it has produced a string of fabulous results. Hence it is now being applied by the corporate world as well as the government. Duncan Haughey (2008) explained some main definitions of what project management is: â€Å"Project management is not a continuous process. It has a definite beginning and end.† â€Å"Project management uses various tools to measure accomplishments and track project tasks. These include Work Breakdown Structures, Gantt charts and PERT charts.† â€Å"Projects frequently need resources on an ad-hoc basis as opposed to organisations that have only dedicated full-time positions.† â€Å"Project management reduces risk and increases the chance of success.† â€Å"Successful project management is delivering your projects on time, to brief and within budget.† (Duncan Haughy, 2008) 2.3.1 Methodology of Project Management: According to Bradley (2002) Project management methodology means â€Å"Project Management Methodology focuses on the project and can be in any industry and any type of projects ranging from construction to aerospace industries and from projects of Financial to IT in nature, it encompasses all projects† The above diagram shows the main components of one of the main project management methodology. Some of the elements like project start-up and project closure occur only once. The remaining elements like planning, managing and controlling, form an interactive cycle that may repeat many times before the completion of the project. In other words we can also say project management is the discipline of planning, organising and managing resources to bring about the successful completion of specific projects goals and objectives. Each and every project is different in nature. Any project would involve a certain amount of risk and hence require perfect planning and execution if they have to succeed. The main aim of project management is to predict any complications or problems in the project well before hand so that when the project plan is made all these factors can also be taken into consideration and hence the chances of the project being completed successfully would be much higher. Almost every project we do in todays business world involve a risk of some kind: change in customer needs, unrealistic time scales, inappropriate staff, poor project specifications , failure to manage user expectations could delay the project. Projects need to be performed and delivered under certain constraints. Traditionally these constraints have been listed as scope, time and quality. This is also called as ‘project management triangle. One side of the triangle cannot be changed without affecting others. The time constraint refers to the amount of time available to complete a project, scope refers to what must be done to produce the projects end result and cost refers to the budgeted amount available for the project. Increasing Scope ( Increasing Time + Increasing Cost Decreasing Time ( Increasing Cost + Reducing Scope Tight Budget ( Increase Time + Reducing Scope. If we modify any of the factors, the other two has to be changed, if not the risk may appear high. But formal risk analysis and risk management can help you to assess these risks and decide what action to take to minimize disruptions to your project plans. According to J. Davidson Frame (2007) the basic outline of project management is described below Project managers bear ultimate responsibility for making things happen. Traditionally, they have carried out this role as mere implementers. To do their jobs they needed to have basic administrative and technical competencies. Today they play a far broader role. In addition to the traditional skills, they need to have business skills, customer relations skills, and political skills. Psychologically, they must be results-oriented self-starters with a high tolerance for ambiguity, because little is clear-cut in todays tumultuous business environment. Shortcomings in any of these areas can lead to project failure. – (J. Davidson Frame, 2007) Project management is discipline that applies to any project; every company has their own way of doing their projects. The project management is not very easy it is totally a leadership position and with technical talent it cannot be done. Project manager without enough experience cannot hold for a long-time on the same project if the assumption of the company goes wrong in selecting the project manager it will be in risk. (Sanjay Murthi, Preventive Risk Management for Software Projects) 2.4 Risk Analysis: The word ‘RISK derives from the early Italian risicare, which means ‘TO DARE. (Websters Dictionary: 1989) One of the most important activities in project management is to identify and manage the uncertainties and problems during the project tenure. When dealing with research and development projects it must be made note of that the number of events present are very high which could alter the course of the project The amount of risk involved in the project would mainly depend on the size of the project. The contractors of the project are the people who deal with the risks of the project, their main duties would involve to identify risks. Then they study them and find as solution so that could remove or minimize them. Apart form this they should also have a clear understanding of the different types of risk involved and ways as to how they can be managed and projects can be completed in a risk free manner. (The Owners Role in Project Risk Management National Research Council (U.S.A). Committee for Oversight and Assessment of U.S. the national academic press, Washington DC). A report that shows assets, vulnerabilities, likelihood of damage, estimates of the costs of recovery, summaries of possible defensive measures and their costs and estimated probable savings from better protection. A risk analysis is the process of assessing the level of risk involved, this is also known as a threat and risk assessment. A threat is a harmful act such as the deployment of a virus or illegal network penetration. A risk is the expectation that a threat may succeed and the potential damage that can occur. (Web1, 2009) Risk analysis allows you to examine the risks that your organization faces. It is the process of systematically identifying and assessing the potential risks and uncertainties that occur when trying to achieve a certain goal (like reaching a target income or finishing a project), and then finding a feasible strategy for most efficiently controlling those risks. ‘The systematic process to understand the nature of and to deduce the level of risk. It provides the basis for risk evaluation and decisions about risk treatment. (AS/NZS 4360:2004 (p. 4). According to Michael R. Greenberg †Risk Analysis ranked among the top 10 journals in the ISI Journal Citation Reports under the social sciences, mathematical methods category is designed to meet the need for organization, integration, and communication and provide a focal point for new developments in the field.† (Michael R. Greenberg: 2008) Evidence from the literature suggests that project managers perform risk analysis because somebody else, e.g. their client, the parent company or the Government, has demanded it (Boothroyd, 1996; Smith, 1998). The analysis of risk is being increasingly viewed as a field in itself, and the demand for a more orderly and formal treatment of risk is great. This international journal is committed to publishing critical empirical research, conference proceedings, and commentaries dealing with risk issues. In other terms we can say the measure of risk can be determined as a product of threat, vulnerability and asset value in an organisation. Risk = Asset * Threat * Vulnerability. Risk analysis may play an important role in cost- benefit studies, which compare the costs of a particular action or project against its potential benefits. It is a systematic study of uncertainties and risks we encounter in business, engineering and many other areas. Risk analysts seek to identify the risks faced by an organization or a business unit, understand how and when they arise, and estimate the impact of adverse outcomes. Techniques used in risk analysis include sensitivity analysis, probability analysis, simulation and modeling. Risk analysis may be used to develop an organizational risk profile, and also may be the first stage in risk management program. Risk analysis may be undertaken to varying degrees of detail depending upon the risk, the purpose of the analysis, and the information, data and resources available. In todays world where competition has become global, it is very important that firms control the different kinds of risk that they are dealing with as it has become an essential part in achieving corporate success. The people who are involved such as customers, investors and others asking companies for complete transparency on their investments. Thus risk analysis is necessary to protect an organisations competitive position. Most industries are particularly plagued by risks, but it has been slow in realising the potential benefits of sound and systematic risk management (Al-Bahar and Crandall, 1990; Ward et. al. 1991; Thomson and Perry, 1992; Flanagan and Norman, 1993; Raftery, 1994; Fellows, 1996; Edward and Bowen, 1998).While coming for the software industries risk analysis and management are a sequential progression that help in guiding a software team in understanding and managing risks. A risk is a potential problem, it might happen, it might not. But regardless of the outcome it is really good idea to identify it, assess its probability of occurrence, estimate the impact and establish a contingency plan should the problem actually occurs. According to Bernstein â€Å"the mystery of risk is a critical step in the development of modern society. One can discuss the validity of his conclusion, but there should be no doubt that risk and uncertainty are important concepts to address for supporting decision-making in many situations†. This Risk Analysis may be qualitative, semi-qualitative or quantitative or a combination of these three, depending on the circumstances. The criticality of risk analysis doesnt wholly depend on identifying the risk factors. It also depends on categorizing them according to their threat level. So let us see how the whole concept of risk analysis starts. There are two types of risk analysis. Both these methods are very important in the assessment of risk and can be executed in any order. It is very important to understand the difference between these two risks as there is a very thin line separating them. Those are: Quantitative Risk Analysis Qualitative Risk Analysis (Identification of types of risk analysis) 2.5. Quantitative Risk Analysis: Quantitative Risk Analysis has become an important component of project management. Quantitative risk analysis attempts to assign independently objective monetary values to the components of the risk assessment and to the assessment of the potential loss. According to Guide to the Project Management Body of Knowledge (PMBOK  ® Guide, Third edition 2004, Project Management Institute) â€Å"Quantitative Risk Analysis is performed on risks that have been prioritized by the Qualitative Risk Analysis process as potentially and substantially impacting project ‘s completing demands. The Quantitative Risk Analysis process analyzes the effect of those risk events and assigns a numerical rating to those risks.† (PMBOK Guide, 2004) This method gives the project manager a foresight as to how the project would progress if risks associated with it would occur. Hence due to this method the project mangers are able to counter these risks and also account to better execution of projects. A quantitative risk analysis offers the following distinct advantages: much more neutrality is involved in this assessment offers much more advantages to management when compared to assessment techniques More powerful selling tool to management It is very flexible in nature and can be moulded to different situations. It can be adjusted according to the needs of specific industries. Its appeal is very universal in nature and hence does not give rise to much disagreements The base facts of the analysis are very convincing ones. In order to implement quantitative risk analysis, the total estimated value that would account to the losses that would occur due to time delay, theft or loss of data is to be calculated. Then a probability analysis is done so that the chances of the risk occurring can be calculated. After all this is done in the final step the annual loss expectancy is calculated. (Miller). A quantitative risk analysis analyses the results that certain controversial units would have on outcomes that we are most concerned about such as loss, profit and investment returns. Quantitative risk gives different perspectives on different people: To the security consultant: To attract newly started businesses by adapting quantitative analysis to access projects that were out of reach in the past. If the projects met up to the predicted return on investment then it could serve as a better tool for marketing. To the companys upper management: Less vulnerable to company politics time required for assessing proposal validity is very less Inter- relates final results to financial aims and goals. Quantitative risk analysis assists managers in analyzing whether the projects can be completed in a particular time frame and within the required estimated budget. It also helps in finding out the key parameters that would determine the success or failure of the project. It also helps in finding out whether the project is worth investing in for investors. But all these data should have some historical backing otherwise they would be rendered meaningless. These data should be updated from time to time during the due course of the project taking the actual input parameters into consideration. This in other terms is also known as â€Å"Garbage In – Garbage Out. Even though all this is done project management is subject to certain biases. The most basic solution is to collect data from qualitative project management software. This kind of integration has already been implemented and has been successful in the past as well. Quantitative risk analysis tools initiate Monte Carlo process to find out how risks would have an impact on project schedules. The most well known methods for simulating risks and other problems is Event Chain Methodology. In this methodology all the projects tat are present are effected by certain external parameters which could in turn change the face of the project. These events should be analysed with the help of the qualitative risk management software. This is an important aspect as these measures could give rise to event chains that can alter the course of the project. By finding out these event chains the risks involved can be reduced. Quantitative risk analysis is more related to implementing safety measures when compared to qualitative risk analysis is. This risk analysis when implemented by companies tries to protect the firm from every defined risk. It also helps in determining which counter method can be used for minimizing the risks involved with projects. In this method the risk assessments are generally represented in graphs and probability charts which generates a clear understanding among firms and hence is also favoured by management teams. 2.6 Qualitative Risk Analysis: Qualitative risk analysis forms as primary source of data for further evaluations. It acts as an initial screening for all activities associated with the project to identify the possible risks that may or may not require further analysis (Quantitative). Sometimes managers tend to overlook simple risks which may cause substantial damage while looking for more complex ones which might not be that important. Also studying the project document and technologies used might help identifying certain generic risks. For example, a project which uses widely used or known components poses minimal threats when compared to using first to use or more advanced technology. Qualitative analysis helps prioritizing such risks according to the level they affect the final project objectives. This helps the managers with the decision making on how best they can plan the project in a safe way. While doing qualitative risk analysis, managers generally tend to include their personal and previous experiences in dealing with similar kind of projects or tasks. They asses the importance of risk factors according to their experience. In this process we first identify what are the main sources from where risk can originate. This is done by conducting interviews and getting feedback fro questioners. Then an assessment is done to increase the level of understanding of each risk and the extent to which they could affect the project. For this qualitative risk analysis process there is no probability database required and it is widely used analysis by the organisations. 2.7 Techniques used for Qualitative Analysis: The most common methods of obtaining necessary data for screening risks are: To know the stakeholders and shareholders interests regarding the current project. Collecting critical information from stakeholders and clients to analyze the final objectives in a realistic way. Understanding the organizational structure and policies to carry out the task efficiently. Using effective benchmarking techniques from projects handled previously. Understanding the key objectives and criticality of each task associated with the project to categorize risks according to their importance. However, after collecting the information and assigning the risk factors to different grids or categories, the managers need to decide on the need to go for further investigation and to implement effective risk management plans. In order to do this, every manager should ask themselves a few questions such as: What are the critical phases in the project and where the potential risks are going wrong during that phase? The effect of that risk in carrying out the tasks related to the respective phases and how its delaying the overall project. Weather the potential risks can be eliminated by simple methods or changes in the project plan or they are far too complex to minimize without using further analysis and sophisticated techniques. When a manager could answer these questions, he would be in a position to effectively plan and implement risk aversion plans by using appropriate tools or techniques. The Qualitative risk analysis gives the manager a true power of information to make his decision. Generally the qualitative risk analysis will be succeeded by quantitative risk analysis which gives more insight on numbers such as project period, completion dates and budget. 3. Organisational Risk Analysis: The combination of a threat and the resulting impact to the organisation defines the risk to the organisation. It is an important task that we asses all the intricate issues that the organisation is facing. Only after this assessment we can know the overall risk that the firm is facing and the appropriate counter methods that can be implemented in minimizing these risks. When a risk assessment is carried out we take an over all perspective on behalf of the organisation. We first find out every major business processes that take place in the organisation and then we focus on the situations from where risks would arise. We then provide detailed list to management of the different types of risk involved so that management can counter with them.. The National Audit Office Report Managing Risks to Improve Public Services ( NAO 2004) identified five key aspects of organisational risk analysis and made recommendations for improving organisational risk analysis practice in central government. Sufficient time, resource and top level commitment needs to be devoted to handling risks in an organisation. Responsibility and accountability for risks need to be clear, backed up by scrutiny and robust challenge to provide assurance. In an Organisation, departments need to base their judgements about risks on reliable, timely and up to date information. Risk analysis needs to be applied throughout departments delivery networks. Departments need to continue to develop their understanding of the common risks they share and work together to manage them. An Organisational Risk Analysis is a tool for governance and getting its †¦ Students Paper: Direct Quote: †¦ getting its right is important. Selecting the correct method for performing the analysis is †¦ http://www.thefreelibrary.com/Assessing+Organizational+Risk.-a063326228 †¦ getting it right is important. Selecting the correct method for performing the assessment is †¦ †¦ analysis is a critical first step. Successful audit staff or risk analysis team creates evaluation criteria that will be used to evaluate the risks to the organisation. The analysis team reviews each risk and assigns it an impact value. Successful audit staff uses some basic approaches to determine which technique will provide the most value for the organisation. Organisational Risk Analysis is a very important factor while handling projects for all organisations in todays business world. In any project that is undertaken risk is present. It depends on the nature of the project. Some projects are riskier when compared to others; this is due to the kind of risk, the technology present and the environment in which they are encountered. Project management has been designed to coordinate and be in charge of complicated and different business processes in different field such as IT and industrial sectors. (Web2, 2009) This above diagram shows how an organisation relates with other departments like software, technology and environment etc. Handling with any of them causes uncertainties or risks. To overcome those risks associated in projects, ORA (Organisational Risk Analysis) helps. Risk is uncertainty of outcome, and good risk analysis allows an organisation to: Have increased confidence in achieving its desired outcomes Effectively constrain threats to acceptable levels Take informed decisions about exploiting opportunities. When ever we will get a change this risk occurs for those organisations. It is important to understand effect of change and the results of change as these are important in devising an appropriate strategy. Those are Developmental: â€Å"It is a change which enhances or corrects existing aspects of an organisation, often focusing on the progress of a skill or process. â€Å" Transitional: It is episodic, planned and fundamental. Most of the organisational change literature is based on this type of change only. Transformational: It is radical in nature; it requires a change in assumptions made by the organisation and by its people. Using these types of changes and its characteristics can be placed beside two scales: radical- incremental and core- peripheral (Pennington 2003). The diagram above shows us how difficult it is introduce a particular decision into the market and the number of changes that may result in introducing this decision. If major changes are made to the central business then it would initiate a lot of disturbance. The processes that are associated with the core business can be changed as they can be adjusted in the due course of time; this is mostly for firms who are involved with continuous improvement. Successful audit staff or risk analysis team generally use any of the three basic approaches. The database approach The algorithm approach The matrix approach Understanding the strengths and weakness of each method is essential for determining which technique will provide the most value for the organisation. 3.1 The Database Approach: For assessing any kind of organisational risk, compiling a risk database is a popular method. Here each work group is interviewed and the main products and processes are identified where the risks associated with each process are displayed. These are then stocked in a database from where similar reports can be accessed for reference so that the risk faced by the work unit can be analysed. This database approach is chosen by so many accounting firms and it is favoured by them, which may tag it as â€Å"risk profiling †¦ Students Paper: Direct Quote: †¦ the analysis is a critical first step. Successful audit staff or risk †¦ http://www.thefreelibrary.com/Assessing+Organizational+Risk.-a063326228 †¦ the assessment is a critical first step. Successful audit staffs generally use †¦ †¦ or risk analysis team creates evaluation criteria that will be used to evaluate the risks to the organisation. The analysis team reviews each risk and assigns it an impact value. Successful audit staff uses some basic approaches to †¦ Students Paper: Direct Quote: †¦ approaches to determine which technique will provide the most value for the organisation. Organisational †¦ http://www.thefreelibrary.com/Assessing+Organizational+Risk.-a063326228 †¦ is essential for determining which technique will provide the most value for the organization. THE †¦ †¦ organisation. Organisational Risk Analysis is a very important factor while handling projects for all organisations in todays business world. In any project that is undertaken risk is present. It depends on the nature of the project. Some projects are riskier when compared to others; this is due to the kind of risk, the technology present and the environment in which they are encountered. Project management has been designed to coordinate and be in charge of complicated and different business processes in different field such as IT and industrial sectors. (Web2, 2009) This above diagram shows how an organisation relates with other departments like software, technology and environment etc. Handling with any of them causes uncertainties or risks. To overcome those risks associated in projects, ORA (Organisational Risk Analysis) helps. Risk is uncertainty of outcome, and good risk analysis allows an organisation to: Have increased confidence in achieving its desired outcomes Effectively constrain threats to acceptable levels Take informed decisions about exploiting opportunities. When ever we will get a change this risk occurs for those organisations. It is important to understand effect of change and the results of change as these are important in devising an appropriate strategy. Those are Developmental: â€Å"It is a change which enhances or corrects existing aspects of an organisation, often focusing on the progress of a skill or process. â€Å" Transitional Organisational Risk Management in Project Management Organisational Risk Management in Project Management CHAPTER 2 2.1 Preview This chapter provides the reader about the theory and rationale behind the use of Organisational Risk Analysis (ORA) on project management and its methodologies available in the market. It will also cover the work of different authors to afford better understanding of the subjected area i.e. Project management, Risk analysis and Organisational risk analysis. The source of information of this literature review is mainly from books, journals and white papers. 2.2 Introduction Through this literature review one can know what others understanding about this study i.e. nothing but historical perspectives. First part of the literature focuses on project management and risk analysis and risk analysis types, second part of this literature focuses on Organisational Risk Analysis (ORA) and Role of ORA in Project management. It mainly concentrates on Project management, risk analysis and organisational risk analysis. 2.3 Introduction to Project Management: PMBOK (Project Management Body of Knowledge as defined by the Project Management Institute — PMI):Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements. (PMI 2004) According to James P. Lewis â€Å"The Project management is facilitating the planning, scheduling and controlling of all activities that must be done to achieve project objectives† (James P. Lewis: 2007) PRINCE 2 project management methodology: The planning, monitoring and control of all aspects of the project and the motivation of all those involved in it to achieve the project objectives on time and to the specified cost, quality and performance. A project is usually one time activity with a well defined set of desired and results. It can be divided into subtasks that must be accomplished in order to achieve the project goals. In this day and age also it is assumed that project management can be enhanced by scientific methods. There is a very strong reason why these beliefs are created, it all accounts to the fact that todays modern world has given professionals numerous amount of opportunities to execute their projects successfully. Such are the kind of investment options that are given to project investors. They are briefed with all the minute details so that they feel that their investment is secure. They also make sure that the estimated time of completion and the end can be calculated at the beginning of the project itself. The decisions that are taken on a technical basis or which are taken looking at the low opportunity costs that it presents are reversible in nature. The demand for resources can also be calculated once the initial parameters such as the duration and time frame of the project are estimated. Due to the advancement in technology even the most terrible consequences can be predicted. à ¢â‚¬Å"The failure of the project was due to the lack of skills rather than an inappropriate feasibility, suitability or acceptability of the solution. This is a normal–science view of project management.† (Charette and Robert, 1996) The projection of ideas and activities into new accomplishments are one of the common characteristics of all projects. There are many different definitions of what constitutes project management such as â€Å"An unique set of co-ordinated activities, with definite starting and finishing points, undertaken by an individual or a team to meet specific objectives within a definite period of time, cost and performance parameters† (Office of Government Commerce). (Web4, 2009) J. Pinto and Prescott (1990) stated, â€Å"Researchers in project management need to first and most importantly offer a comprehensive, inclusive, and clear definition of project success before attempting to undertake studies of the project implementation process†. (J.Pinto and Prescott, 1990) The modern project management started in 1950s, before this period projects were executed in an unplanned manner and the methods and tools used for execution were not professional in nature. The importance of project management is a very important topic because all organisations i.e. either be they are small or large organisations, those are involved in implementing new accomplishments. These accomplishments may be diverse, such as, the improvement of an innovative product, introducing a new range of products in a manufacturing base, a promotional advertisement or a major construction project. In the 1980s the focus was more on the quality of work. Globalisation played a huge role in the 1990s as we were trying to improve our economy, the 2000s saw projects with decreased time frames. A new field known as project management was developing from all new areas of application which included construction, engineering, telecommunications, and defence. This emerging field has now become an important part of our economy as it has produced a string of fabulous results. Hence it is now being applied by the corporate world as well as the government. Duncan Haughey (2008) explained some main definitions of what project management is: â€Å"Project management is not a continuous process. It has a definite beginning and end.† â€Å"Project management uses various tools to measure accomplishments and track project tasks. These include Work Breakdown Structures, Gantt charts and PERT charts.† â€Å"Projects frequently need resources on an ad-hoc basis as opposed to organisations that have only dedicated full-time positions.† â€Å"Project management reduces risk and increases the chance of success.† â€Å"Successful project management is delivering your projects on time, to brief and within budget.† (Duncan Haughy, 2008) 2.3.1 Methodology of Project Management: According to Bradley (2002) Project management methodology means â€Å"Project Management Methodology focuses on the project and can be in any industry and any type of projects ranging from construction to aerospace industries and from projects of Financial to IT in nature, it encompasses all projects† The above diagram shows the main components of one of the main project management methodology. Some of the elements like project start-up and project closure occur only once. The remaining elements like planning, managing and controlling, form an interactive cycle that may repeat many times before the completion of the project. In other words we can also say project management is the discipline of planning, organising and managing resources to bring about the successful completion of specific projects goals and objectives. Each and every project is different in nature. Any project would involve a certain amount of risk and hence require perfect planning and execution if they have to succeed. The main aim of project management is to predict any complications or problems in the project well before hand so that when the project plan is made all these factors can also be taken into consideration and hence the chances of the project being completed successfully would be much higher. Almost every project we do in todays business world involve a risk of some kind: change in customer needs, unrealistic time scales, inappropriate staff, poor project specifications , failure to manage user expectations could delay the project. Projects need to be performed and delivered under certain constraints. Traditionally these constraints have been listed as scope, time and quality. This is also called as ‘project management triangle. One side of the triangle cannot be changed without affecting others. The time constraint refers to the amount of time available to complete a project, scope refers to what must be done to produce the projects end result and cost refers to the budgeted amount available for the project. Increasing Scope ( Increasing Time + Increasing Cost Decreasing Time ( Increasing Cost + Reducing Scope Tight Budget ( Increase Time + Reducing Scope. If we modify any of the factors, the other two has to be changed, if not the risk may appear high. But formal risk analysis and risk management can help you to assess these risks and decide what action to take to minimize disruptions to your project plans. According to J. Davidson Frame (2007) the basic outline of project management is described below Project managers bear ultimate responsibility for making things happen. Traditionally, they have carried out this role as mere implementers. To do their jobs they needed to have basic administrative and technical competencies. Today they play a far broader role. In addition to the traditional skills, they need to have business skills, customer relations skills, and political skills. Psychologically, they must be results-oriented self-starters with a high tolerance for ambiguity, because little is clear-cut in todays tumultuous business environment. Shortcomings in any of these areas can lead to project failure. – (J. Davidson Frame, 2007) Project management is discipline that applies to any project; every company has their own way of doing their projects. The project management is not very easy it is totally a leadership position and with technical talent it cannot be done. Project manager without enough experience cannot hold for a long-time on the same project if the assumption of the company goes wrong in selecting the project manager it will be in risk. (Sanjay Murthi, Preventive Risk Management for Software Projects) 2.4 Risk Analysis: The word ‘RISK derives from the early Italian risicare, which means ‘TO DARE. (Websters Dictionary: 1989) One of the most important activities in project management is to identify and manage the uncertainties and problems during the project tenure. When dealing with research and development projects it must be made note of that the number of events present are very high which could alter the course of the project The amount of risk involved in the project would mainly depend on the size of the project. The contractors of the project are the people who deal with the risks of the project, their main duties would involve to identify risks. Then they study them and find as solution so that could remove or minimize them. Apart form this they should also have a clear understanding of the different types of risk involved and ways as to how they can be managed and projects can be completed in a risk free manner. (The Owners Role in Project Risk Management National Research Council (U.S.A). Committee for Oversight and Assessment of U.S. the national academic press, Washington DC). A report that shows assets, vulnerabilities, likelihood of damage, estimates of the costs of recovery, summaries of possible defensive measures and their costs and estimated probable savings from better protection. A risk analysis is the process of assessing the level of risk involved, this is also known as a threat and risk assessment. A threat is a harmful act such as the deployment of a virus or illegal network penetration. A risk is the expectation that a threat may succeed and the potential damage that can occur. (Web1, 2009) Risk analysis allows you to examine the risks that your organization faces. It is the process of systematically identifying and assessing the potential risks and uncertainties that occur when trying to achieve a certain goal (like reaching a target income or finishing a project), and then finding a feasible strategy for most efficiently controlling those risks. ‘The systematic process to understand the nature of and to deduce the level of risk. It provides the basis for risk evaluation and decisions about risk treatment. (AS/NZS 4360:2004 (p. 4). According to Michael R. Greenberg †Risk Analysis ranked among the top 10 journals in the ISI Journal Citation Reports under the social sciences, mathematical methods category is designed to meet the need for organization, integration, and communication and provide a focal point for new developments in the field.† (Michael R. Greenberg: 2008) Evidence from the literature suggests that project managers perform risk analysis because somebody else, e.g. their client, the parent company or the Government, has demanded it (Boothroyd, 1996; Smith, 1998). The analysis of risk is being increasingly viewed as a field in itself, and the demand for a more orderly and formal treatment of risk is great. This international journal is committed to publishing critical empirical research, conference proceedings, and commentaries dealing with risk issues. In other terms we can say the measure of risk can be determined as a product of threat, vulnerability and asset value in an organisation. Risk = Asset * Threat * Vulnerability. Risk analysis may play an important role in cost- benefit studies, which compare the costs of a particular action or project against its potential benefits. It is a systematic study of uncertainties and risks we encounter in business, engineering and many other areas. Risk analysts seek to identify the risks faced by an organization or a business unit, understand how and when they arise, and estimate the impact of adverse outcomes. Techniques used in risk analysis include sensitivity analysis, probability analysis, simulation and modeling. Risk analysis may be used to develop an organizational risk profile, and also may be the first stage in risk management program. Risk analysis may be undertaken to varying degrees of detail depending upon the risk, the purpose of the analysis, and the information, data and resources available. In todays world where competition has become global, it is very important that firms control the different kinds of risk that they are dealing with as it has become an essential part in achieving corporate success. The people who are involved such as customers, investors and others asking companies for complete transparency on their investments. Thus risk analysis is necessary to protect an organisations competitive position. Most industries are particularly plagued by risks, but it has been slow in realising the potential benefits of sound and systematic risk management (Al-Bahar and Crandall, 1990; Ward et. al. 1991; Thomson and Perry, 1992; Flanagan and Norman, 1993; Raftery, 1994; Fellows, 1996; Edward and Bowen, 1998).While coming for the software industries risk analysis and management are a sequential progression that help in guiding a software team in understanding and managing risks. A risk is a potential problem, it might happen, it might not. But regardless of the outcome it is really good idea to identify it, assess its probability of occurrence, estimate the impact and establish a contingency plan should the problem actually occurs. According to Bernstein â€Å"the mystery of risk is a critical step in the development of modern society. One can discuss the validity of his conclusion, but there should be no doubt that risk and uncertainty are important concepts to address for supporting decision-making in many situations†. This Risk Analysis may be qualitative, semi-qualitative or quantitative or a combination of these three, depending on the circumstances. The criticality of risk analysis doesnt wholly depend on identifying the risk factors. It also depends on categorizing them according to their threat level. So let us see how the whole concept of risk analysis starts. There are two types of risk analysis. Both these methods are very important in the assessment of risk and can be executed in any order. It is very important to understand the difference between these two risks as there is a very thin line separating them. Those are: Quantitative Risk Analysis Qualitative Risk Analysis (Identification of types of risk analysis) 2.5. Quantitative Risk Analysis: Quantitative Risk Analysis has become an important component of project management. Quantitative risk analysis attempts to assign independently objective monetary values to the components of the risk assessment and to the assessment of the potential loss. According to Guide to the Project Management Body of Knowledge (PMBOK  ® Guide, Third edition 2004, Project Management Institute) â€Å"Quantitative Risk Analysis is performed on risks that have been prioritized by the Qualitative Risk Analysis process as potentially and substantially impacting project ‘s completing demands. The Quantitative Risk Analysis process analyzes the effect of those risk events and assigns a numerical rating to those risks.† (PMBOK Guide, 2004) This method gives the project manager a foresight as to how the project would progress if risks associated with it would occur. Hence due to this method the project mangers are able to counter these risks and also account to better execution of projects. A quantitative risk analysis offers the following distinct advantages: much more neutrality is involved in this assessment offers much more advantages to management when compared to assessment techniques More powerful selling tool to management It is very flexible in nature and can be moulded to different situations. It can be adjusted according to the needs of specific industries. Its appeal is very universal in nature and hence does not give rise to much disagreements The base facts of the analysis are very convincing ones. In order to implement quantitative risk analysis, the total estimated value that would account to the losses that would occur due to time delay, theft or loss of data is to be calculated. Then a probability analysis is done so that the chances of the risk occurring can be calculated. After all this is done in the final step the annual loss expectancy is calculated. (Miller). A quantitative risk analysis analyses the results that certain controversial units would have on outcomes that we are most concerned about such as loss, profit and investment returns. Quantitative risk gives different perspectives on different people: To the security consultant: To attract newly started businesses by adapting quantitative analysis to access projects that were out of reach in the past. If the projects met up to the predicted return on investment then it could serve as a better tool for marketing. To the companys upper management: Less vulnerable to company politics time required for assessing proposal validity is very less Inter- relates final results to financial aims and goals. Quantitative risk analysis assists managers in analyzing whether the projects can be completed in a particular time frame and within the required estimated budget. It also helps in finding out the key parameters that would determine the success or failure of the project. It also helps in finding out whether the project is worth investing in for investors. But all these data should have some historical backing otherwise they would be rendered meaningless. These data should be updated from time to time during the due course of the project taking the actual input parameters into consideration. This in other terms is also known as â€Å"Garbage In – Garbage Out. Even though all this is done project management is subject to certain biases. The most basic solution is to collect data from qualitative project management software. This kind of integration has already been implemented and has been successful in the past as well. Quantitative risk analysis tools initiate Monte Carlo process to find out how risks would have an impact on project schedules. The most well known methods for simulating risks and other problems is Event Chain Methodology. In this methodology all the projects tat are present are effected by certain external parameters which could in turn change the face of the project. These events should be analysed with the help of the qualitative risk management software. This is an important aspect as these measures could give rise to event chains that can alter the course of the project. By finding out these event chains the risks involved can be reduced. Quantitative risk analysis is more related to implementing safety measures when compared to qualitative risk analysis is. This risk analysis when implemented by companies tries to protect the firm from every defined risk. It also helps in determining which counter method can be used for minimizing the risks involved with projects. In this method the risk assessments are generally represented in graphs and probability charts which generates a clear understanding among firms and hence is also favoured by management teams. 2.6 Qualitative Risk Analysis: Qualitative risk analysis forms as primary source of data for further evaluations. It acts as an initial screening for all activities associated with the project to identify the possible risks that may or may not require further analysis (Quantitative). Sometimes managers tend to overlook simple risks which may cause substantial damage while looking for more complex ones which might not be that important. Also studying the project document and technologies used might help identifying certain generic risks. For example, a project which uses widely used or known components poses minimal threats when compared to using first to use or more advanced technology. Qualitative analysis helps prioritizing such risks according to the level they affect the final project objectives. This helps the managers with the decision making on how best they can plan the project in a safe way. While doing qualitative risk analysis, managers generally tend to include their personal and previous experiences in dealing with similar kind of projects or tasks. They asses the importance of risk factors according to their experience. In this process we first identify what are the main sources from where risk can originate. This is done by conducting interviews and getting feedback fro questioners. Then an assessment is done to increase the level of understanding of each risk and the extent to which they could affect the project. For this qualitative risk analysis process there is no probability database required and it is widely used analysis by the organisations. 2.7 Techniques used for Qualitative Analysis: The most common methods of obtaining necessary data for screening risks are: To know the stakeholders and shareholders interests regarding the current project. Collecting critical information from stakeholders and clients to analyze the final objectives in a realistic way. Understanding the organizational structure and policies to carry out the task efficiently. Using effective benchmarking techniques from projects handled previously. Understanding the key objectives and criticality of each task associated with the project to categorize risks according to their importance. However, after collecting the information and assigning the risk factors to different grids or categories, the managers need to decide on the need to go for further investigation and to implement effective risk management plans. In order to do this, every manager should ask themselves a few questions such as: What are the critical phases in the project and where the potential risks are going wrong during that phase? The effect of that risk in carrying out the tasks related to the respective phases and how its delaying the overall project. Weather the potential risks can be eliminated by simple methods or changes in the project plan or they are far too complex to minimize without using further analysis and sophisticated techniques. When a manager could answer these questions, he would be in a position to effectively plan and implement risk aversion plans by using appropriate tools or techniques. The Qualitative risk analysis gives the manager a true power of information to make his decision. Generally the qualitative risk analysis will be succeeded by quantitative risk analysis which gives more insight on numbers such as project period, completion dates and budget. 3. Organisational Risk Analysis: The combination of a threat and the resulting impact to the organisation defines the risk to the organisation. It is an important task that we asses all the intricate issues that the organisation is facing. Only after this assessment we can know the overall risk that the firm is facing and the appropriate counter methods that can be implemented in minimizing these risks. When a risk assessment is carried out we take an over all perspective on behalf of the organisation. We first find out every major business processes that take place in the organisation and then we focus on the situations from where risks would arise. We then provide detailed list to management of the different types of risk involved so that management can counter with them.. The National Audit Office Report Managing Risks to Improve Public Services ( NAO 2004) identified five key aspects of organisational risk analysis and made recommendations for improving organisational risk analysis practice in central government. Sufficient time, resource and top level commitment needs to be devoted to handling risks in an organisation. Responsibility and accountability for risks need to be clear, backed up by scrutiny and robust challenge to provide assurance. In an Organisation, departments need to base their judgements about risks on reliable, timely and up to date information. Risk analysis needs to be applied throughout departments delivery networks. Departments need to continue to develop their understanding of the common risks they share and work together to manage them. An Organisational Risk Analysis is a tool for governance and getting its †¦ Students Paper: Direct Quote: †¦ getting its right is important. Selecting the correct method for performing the analysis is †¦ http://www.thefreelibrary.com/Assessing+Organizational+Risk.-a063326228 †¦ getting it right is important. Selecting the correct method for performing the assessment is †¦ †¦ analysis is a critical first step. Successful audit staff or risk analysis team creates evaluation criteria that will be used to evaluate the risks to the organisation. The analysis team reviews each risk and assigns it an impact value. Successful audit staff uses some basic approaches to determine which technique will provide the most value for the organisation. Organisational Risk Analysis is a very important factor while handling projects for all organisations in todays business world. In any project that is undertaken risk is present. It depends on the nature of the project. Some projects are riskier when compared to others; this is due to the kind of risk, the technology present and the environment in which they are encountered. Project management has been designed to coordinate and be in charge of complicated and different business processes in different field such as IT and industrial sectors. (Web2, 2009) This above diagram shows how an organisation relates with other departments like software, technology and environment etc. Handling with any of them causes uncertainties or risks. To overcome those risks associated in projects, ORA (Organisational Risk Analysis) helps. Risk is uncertainty of outcome, and good risk analysis allows an organisation to: Have increased confidence in achieving its desired outcomes Effectively constrain threats to acceptable levels Take informed decisions about exploiting opportunities. When ever we will get a change this risk occurs for those organisations. It is important to understand effect of change and the results of change as these are important in devising an appropriate strategy. Those are Developmental: â€Å"It is a change which enhances or corrects existing aspects of an organisation, often focusing on the progress of a skill or process. â€Å" Transitional: It is episodic, planned and fundamental. Most of the organisational change literature is based on this type of change only. Transformational: It is radical in nature; it requires a change in assumptions made by the organisation and by its people. Using these types of changes and its characteristics can be placed beside two scales: radical- incremental and core- peripheral (Pennington 2003). The diagram above shows us how difficult it is introduce a particular decision into the market and the number of changes that may result in introducing this decision. If major changes are made to the central business then it would initiate a lot of disturbance. The processes that are associated with the core business can be changed as they can be adjusted in the due course of time; this is mostly for firms who are involved with continuous improvement. Successful audit staff or risk analysis team generally use any of the three basic approaches. The database approach The algorithm approach The matrix approach Understanding the strengths and weakness of each method is essential for determining which technique will provide the most value for the organisation. 3.1 The Database Approach: For assessing any kind of organisational risk, compiling a risk database is a popular method. Here each work group is interviewed and the main products and processes are identified where the risks associated with each process are displayed. These are then stocked in a database from where similar reports can be accessed for reference so that the risk faced by the work unit can be analysed. This database approach is chosen by so many accounting firms and it is favoured by them, which may tag it as â€Å"risk profiling †¦ Students Paper: Direct Quote: †¦ the analysis is a critical first step. Successful audit staff or risk †¦ http://www.thefreelibrary.com/Assessing+Organizational+Risk.-a063326228 †¦ the assessment is a critical first step. Successful audit staffs generally use †¦ †¦ or risk analysis team creates evaluation criteria that will be used to evaluate the risks to the organisation. The analysis team reviews each risk and assigns it an impact value. Successful audit staff uses some basic approaches to †¦ Students Paper: Direct Quote: †¦ approaches to determine which technique will provide the most value for the organisation. Organisational †¦ http://www.thefreelibrary.com/Assessing+Organizational+Risk.-a063326228 †¦ is essential for determining which technique will provide the most value for the organization. THE †¦ †¦ organisation. Organisational Risk Analysis is a very important factor while handling projects for all organisations in todays business world. In any project that is undertaken risk is present. It depends on the nature of the project. Some projects are riskier when compared to others; this is due to the kind of risk, the technology present and the environment in which they are encountered. Project management has been designed to coordinate and be in charge of complicated and different business processes in different field such as IT and industrial sectors. (Web2, 2009) This above diagram shows how an organisation relates with other departments like software, technology and environment etc. Handling with any of them causes uncertainties or risks. To overcome those risks associated in projects, ORA (Organisational Risk Analysis) helps. Risk is uncertainty of outcome, and good risk analysis allows an organisation to: Have increased confidence in achieving its desired outcomes Effectively constrain threats to acceptable levels Take informed decisions about exploiting opportunities. When ever we will get a change this risk occurs for those organisations. It is important to understand effect of change and the results of change as these are important in devising an appropriate strategy. Those are Developmental: â€Å"It is a change which enhances or corrects existing aspects of an organisation, often focusing on the progress of a skill or process. â€Å" Transitional