Essays on Contingency Plan

According to the National Research Council, it is posited that any project can never be risk-proof, and efforts should be enforced to mitigate the same. In its 2005 publication titled The Owner's Role in Project Risk Management, it maintains that the amount of uncertainty in any given project is normally relatively high. Further, the adversity involved in some of the pertinent project risks can be so great such that it is literally impossible to design risk mitigation strategies at the planning stage of a project. In the case where a vendor is underperforming, there is the likelihood of occurrence ...

Question 1

Management information system [MIS] is an integrated system that helps the management with relevant information to plan and make decisions in order to run the business more effectively and efficiently (Becerra-Fernandez and Leidner, 2014 p.42). The core aim is to make raw data into useful information that helps in managerial decision-making. That being said, the functions of MIS are data capturing, data storage, data processing, data and information distribution, prediction or forecasting, planning, and control (Leon, 2008 p.328). Data processing is the process of gathering data from various sources; this may include customer touchpoints like stores and e-commerce sites, ...

Introduction

Life happens to come with many unprecedented and unpredicted disasters. Halfway across the world there are news of tornadoes, fires, earthquakes, and floods. News reporters give statistics of the many lives that are lost in such disasters and in many instances, the policy makers are not able to correctly determine the monetary value of property and businesses lost in such instances. Such happenings are taking place across the world and some of the greatest losers are business entities. Owing to these disasters and many more such disasters, business organizations have to think beyond the normal operations (Cobanoglu, Blasik, & Haley, ...

TerraCop Case

Communication is one of the key tools in business and planning. If communication lacks between employees, departments, and partners business transactions will face a significant amount of challenges that can limit if not diminish the success of an organization. TerraCog has been in operation and business since 1977. From the time the organization, begin to the present there has been an immense amount of success in the fish and gaming industry because of the unique and usable products TerraCog has been an innovative and strong competitor that slowly introduces new products to underserved markets. One of the products that ...

Action Plan and Contingency Plan

Action Plan The action plan for Apple, Incorporated is to diversity its product mix as well as increase customer loyalty and expand its share in the mobile market. in the mobile market. The objective for the action plan will focus on 2 items: a) To expand sales to persons who do not own Apple's products and b) To develop and produce a new product or products which can help it to diversify its product mix. The strategy for this plan will include expansion of the company's marketing and distribution network to reach more consumers in unsaturated markets. Second, the ...

Management refers to the process of coordinating the resources and people within an enterprise to achieve its goals. Contingency planning for the power outage is one of the integral components of the management in many organizations. Fundamentally, the unplanned events of power outages can have devastating consequences on both small and big companies (Cummins Northwest). In most occasions, the incidences of power outages often occur during the summer months, as considerably high demand is subjected on the electrical grid. In particular, the development of efficient and appropriate contingency plan for the complete electrical outage for the college in the ...

Section I. Reflections

My reflection on Assignment 1 incorporates that it will be challenging to motivate the teenagers to attend the 3D program. The teenagers will be unwilling to register for the program and even after being registered, they may not be consistent towards attending the program. This is due to the fact that teenagers will want to spend their weekend by means of engaging in some extracurricular and recreational activities. Moreover, the teenagers who already have encountered the situation of driving under influence will also refrain from attending this program due to their juvenile or resistant behavior. The revision for assignment ...

The use of electronic patient record systems and their associated information applications has received considerable political support over the past decade. For example, in the United States, health care informatics was a primary component in the presidential campaigns of both Senators Barrack Obama and John McCain (Hoffman and Podgurski, 2008). Accordingly, after Obama was elected to the seat, the American Recovery and Reinvestment Act was passed in 2009. This law is traditionally referred to as the “Stimulus Bill”. In the following year after it was implemented, the Unite States government invested $148 billion in the health care of which ...

Business Plan

Executive Summary 3 1.0 Introduction 4 2.0 Operations plan 5 2.1 Location and facilities 5 2.2 Business processes 6 2.3 Distribution and outsourcing 9 3.0 Organizational plan 10 3.1 Management 11 3.2 Mission 12 3.3 Purpose 13 3.4 Vision 13 3.5 Legal structure 13 3.6 Organizational chart 14 4.0 Marketing plan 16 4.1 Price 16 4.2 Product 17 4.3 Place 19 4.4 Promotion 20 5.0 Financial plan 21 6.0 Growth plan 22 7.0 Contingency and harvest strategy 23 8.0 Timeline to launch the plan 25 9.0 References 28 10.0 Appendices 29

Executive summary

Don’t we all enjoy the experience of ...

Global Risk Assessment: New Alcohol Beverage Venture

Fundamentally, risk assessment entails identification and analysis of potential hazards that may occur in an organization and their resultant effects. The occurrence of risks often results in disruption of normal operations and performance of the affected entity. Before the formulation of a risk assessment strategy, due considerations must be given to nature as well as the causing agents. Risk assessment is essential for the success of an organization. Identification of potential hazards helps in determining the necessary and effective measures to be used in controlling them. Besides, protection of employees and the entire business enterprise is a state requirement ...

Overview of Organization

The company in question is a consultancy firm that is in the business of providing internet services to various business groups as well as households within its proximity. The company's mission is to provide effective communication for the ever-growing business demands of many startup companies. The inception of the digital age has transformed how business is conducted on various fronts in a dynamic business world. Hopkin (2013) suggests that unforeseen circumstances can result in a business operation being affected adversely. Such catastrophes not only impact the way business operates, but also affects the lives of the workers in the ...

Conclusion on Pest Analysis

The political, economic, socio-cultural and technological trends significantly affects the performance as well as the strategic marketing plan of MCRI. From the research on the political trends it shows that MCRI is affected by the upcoming election in 2016. In 2012, Obama won for a re-election which supported the sustainability plan previously initiated under the same administration prior to 2012. However, in 2016 remains to be seen. It is identified as a threat because of the uncertainty in how the new sets of leaders would address the concerns of the industry where MCRI belongs. Policies, laws and stipends might be revoked, ...

Information security in an organization is designed to protect the integrity, confidentiality and availability of the computer system data or information from those who have malicious intentions of altering records, stealing confidential information, bringing down the network and many more. Information risk management is, therefore, very important. It covers information infrastructure in the organization, identifies information to be protected and the level of protection required to align the organization’s tolerance in case of risk. It helps the IT personnel in the organization to identify the weaknesses and vulnerabilities that their systems have and in turn device ways of ...

Introduction

Competitiveness both in terms of product and or service quality and pricing can spell the different between a continuously growing business and a stagnant one that is ready for some downsizing. Naturally, businesses who know how to market their product well by setting the prices right and making sure that the customers get the highest value that they deserve in terms of quality are the ones that would most likely thrive. Their market share would naturally be higher compared to companies that offer poor value propositions in terms of pricing and product and or service quality. This principle, in fact, applies ...

The “Green” Problem of Superfund (CERCLA)

The “green” problem did not start as a disaster. However, it spiraled into one of the worst environmental disasters in the history of the US (Hatfield, 2012). It all began with the Love Canal in 1880s. Love Canal was excavated by W.T. Love in 1890s and it was part of the hydroelectric power project in Niagara Falls, New York. The project was never implemented and Hooker Chemicals and Plastics Corporation used it as a landfill between 1942 and 1952. The surrounding areas were later developed with construction of an elementary school and residential homes. It was not until 1960s when odors ...

Executive Summary

Athletic drink market is continuously growing. Currently, this market is worth $7 billion, and it is expected to grow into a $20 billion market by 2020. The products available in the market are of “one size fits all” type with Pepsi and Coca-Cola dominating the market share. Since the nutritional requirements vary from one person to another on the basis of size, weight, height and type of sports, the “one size fits all” type of products fail to fulfill all the bodily needs of a sports person. Customade is a product that has been designed to provide customized nutrition solution to people ...

Leadership can be perceived as the process through which an individual influences the fashion in which a group of persons is carrying out a specific task. The individual who is central to this process is known as a leader. There is a broad range of traits which a leader should bear for him or her to be effective in leadership. For the purposes of this paper, this discussion shall majorly concentrate on the trait of charisma as a leadership strategy (Elearn, 2007). All leaders ought to be charismatic, as it is a great feature in progressive leaders. This is because it is one of the most ...

Key Issues

The first key issue is the decline in the home construction industry over time. According to the Federal Reserve’s Beige Book Report of 2006, significant decline in the real estate had been noted in various parts of the country. Various districts had been recording a go-slow in home construction and sales of already constructed homes. The second key is issue is the changing target market that had been identified by Richard and his partner. When they started the real estate management firm, they identified the target market as those individuals staying around the area, within a radius of 100 miles. ...

Marketing

Payless ShoeSource Re : In order to revamp the corporate image of Payless ShoeSource by expanding the designer collection to increase company sales through lesser cost

Recommendations:

Short term (immediately to one month) - The Chief Executive Officer (CEO) should meet immediately with the marketing group in order to come up with a strategy to make Payless ShoeSource a world-renowned brand of trendy and hip shoes for a reasonable price. - The CEO must assess the current performance of the company in terms of marketing strategy and sales report of other shoe companies in order to improve the performance of ...

Personally, I believe that technology is meaningless unless it is linked to the promotion of efficient systems of doing things and the liberation of all peoples around the world. I am scheduled to graduate with my university degree in May 2015. I am working hard to maintain an above-average grade point. However, after graduation, I hope to attain certain kinds of accreditations in order to gain results and improve my competencies. I hope to gain an accreditation in finance and computing and attain better knowledge on business processes and organizational efficiency in the normal sense. This will enable me ...

- IMPLEMENTATION AND CONTROL PLAN

The Implementation and Control Plan Milestones

- CONTINGENCY PLAN Contingency planning will encompass an evaluation of the possible variations in the existing basic assumptions and the predominant effects on the strategic marketing plan. The contingency plan will address the issues resulting from the deviations. In managing the problems and risks, the organization will identify relevant sources of uncertainty ("Marketing Contingency Planning | Chron.com," n.d.). 2.1 POTENTIAL PROBLEMS AND SOLUTIONS

For this organization, the risks will involve both internal and external risks.

- Internal Problem 1: Financial Risks The possible financial risks will include factors like inability to obtain the required financing, over estimate of budget, loss of the expected sales ...

Having graduated from Queens University with a degree in economics and history and having to obtain a Masters in broadcasting journalism, Adam Kaminsky was in a position to make the solution required. Through his advanced knowledge in journalism, he could use the magazine advertisements. This is because he would be in a situation where he could control the marketing environment since he had advanced knowledge in this marketing field. The magazine advertisement would be a possible solution in essence that the magazine recommended is accessed by people in senior positions who may provide a chance to expand the business since they are well connected. ...

Sports and Hospitality Event Management

Executive Summary The execution of the event began by holding meetings to generate the idea of the event. After the introductory activities of the group responsible for the event, the group began considering potential ideas to make the event a success. Most of the members agreed that the best ideas would be a games night, themed party night, trivia night, or a movie night. The group noted that the most important part of the event was task collection, organization, and continuous communication. However, in subsequent meeting the group considered two main events, a Sunday fun day or a bike ride. The group resolved ...

Background

British Petroleum (BP) is an oil company based in London, England that has business operations in more than 80 countries. With the production of approximately 3.8 million barrels of oil per day and more than 22,000 service stations, BP is considered the fourth largest global company in terms of revenue (Reuters, n.d.). However, BP is also responsible for causing the worst environmental disaster that is attributed to oil and gas companies. On April 20th 2010, the Deepwater Horizon Rig in the Gulf of Mexico exploded. The explosion killed 11 people and the drilling rig proceeded to spill ...

STRENGTHS:

A business plan gives the first impression to investors of the company (McKeever, 2001). Business plan of Market Plaza Showplace is reasonably structured starting with proper packaging including title page, table of contents and executive summary. The plan wraps up the overall company analysis with its clear future goals and targets. It provided comprehensible information about services, organizational structure, competitors and financial plan.

WEAKNESSES:

Despite of its conciseness, the plan lacks many key elements, to bring up adequate information about the industry, market and the company, that are necessary for an investor to make a proper investment decision. Although the plan ...

Critical Risks Assessment and MileStone Schedule

Much has changed since the company started its operations in the country. J C Penny has been noted to be experiencing a decrease in sales and in share prices relative to its competitors. This brings in a need for the business to come up with a new business plan to help the business to increase its market share and retain its clients in the process. The main reason that led to the decline of the sales and share capital in the stock exchange is the pricing policy which it implemented. This means that there is need for the company to come ...

A budget contingency plan is a budgetary allocation set aside for an occurrence in the future, in most cases a problem, an emergency or any unexpected expense that needs to be addressed as quickly as possible for a business to resume normal operations. (Baccarini, 2004). A budget contingency plan helps in risk and losses mitigation. It also helps in controlling the main budget performance in a case where the costs are higher than the sales. It is also helpful in cases where an organization is operating while straining its resources and it needs to get back to its usual operation mode. In ...

Management

Goss (2005), in Building a Contingency Menu: Using Capabilities-Based Planning for Homeland Defense and Homeland Security, says that Homeland Defense and Security planners need to develop a contingency plan to neutralize potential terrorist threats. Because of their shrewd and adaptive strategies, the Department of Homeland Defense and Security agency has come up with the concepts of ‘lines of operation’ ‘capabilities’ as the dynamics to define and explain potential and likely interactions. Moving from the more rational idea of, ‘who is the threat?’ to ‘what could the threat do?’ has given Homeland Defense and Security planners a broader spectrum of possibilities to explore ...

Project Overview

As it was presented and further approved by the Board of Directors, this document aims to enact a detailed implantation plan of the Online Loyalty Program for the clients of an Eagle´s Next Hotel Chain. Current loyalty solution applying physical cards proves to be ineffective and market competition drives innovation in this sector. Given the IT capabilities and existing market technology it was suggested that the company develops personalized mobile application that will serve as a loyalty cards upon validation of the hotel stay.

The arguments behind the recommendation for the investment portfolio were summarized as follows:

- Financial benefits from the project account s for USD$ 20 million in profit over the ...

Contingency Plan Outline

The error made by the reservation department has resulted to two major conventions happening on the same day. The resort does not have sufficient number of rooms and the meeting space will not accommodate both conventions (Mathis, & Jackson, 2009). As a result, there is need to develop a contingency plan that will cater for the mishap, and leave the customers happy and satisfied. The management will be forced to book some one of the meetings in another resort that is of the same class. This poses challenges both for human resource department and reservations department. This essay describes some of the ...

ANALYSIS OF BBY CURRENT FINANCIAL POSITION

Best Buy (BBY) is a multinational company operates entertainment products, computing and mobile phone products and related services. Current financial position of the company, as at 30th April 2013, stands at: total assets-$14.3 billion, total liabilities-$11.4 billion and total equity of $2.92 billion. In addition to the total assets, liabilities and owners’ equity, the company has $ 160 million total cash flow and a working capital of $1.43 billion (Gowthorpe & Catherine, 298).

Best Buy has $2.92 Billion in total equity and $2.92 Billion in common stock equity as reported in the filings for their most recent quarter. Additionally, the company ...

Understanding managerial judgement of marketing performance is vital based on both content and consequences. Managers can give good subjective estimates of specific financial measures because it is subject to managerial interpretation. Therefore, in order to determine whether or not the new product plan for managerial marketing is a success, one should measure the overall performance. This will help to capture the wider conceptions of performance than financial outcomes. The use of subjective and objective measures of performance can have a powerful effect on strategy and decision making because they drive managerial behavior ( Clark, 2000). Understanding what will make the executive judge ...

Disseminating Organizational IT Security and Troubleshooting Best Practices

Part 1 Memo: Action Plan Attn: All Employees The strategy to improve security of the company’s IT infrastructure in response to a recent series of enterprise network systems breaches is a multi-level plan for controlling risk to data and operations. The deployment of the IT user authentication plan will ensure that designated user access to the network is effective enough to sustain future security breaches; and including threats posed by social engineering. The Action Plan outlines the : 1) wireless encryption; and 2) designated user credential process, as well as cloud data storage and the company’s ...

Business Impact Analysis

Business impact analysis is the main driver in the implementation of a contingency plan. Conducting a business impact analysis is fundamental in CP controls according to NIST SP 800-53. It enables the information resources contingency plan coordinator to evaluate and characterize the system components, supported mission processes and their interdependencies. BIA seeks to develop a correlation between the system critical business processes and the services offered and based on that information evaluate the consequences of the disruption. A successful BIA informs the ISCP coordinator of the contingency planning requirements and priorities. BIA is carried out at the initiation phase of the system ...

Personal financial planning is a process of setting financial goals based on your current financial situation and prospect, most importantly future prospects. It is a matter of asking yourself these questions, financially, where do I want to be, when do I want to be there, and how will I get there based on where I am now. Because this is a process certain parameters must be looked into keenly and carefully before one thinks of coming up with a financial plan (Charupat, Huang and Milevsky, 2012). One, your personal financial plan should be based on the financial resources that one currently has at ...

Disasters are inevitable occurrences in day to day life in society. They occur in the form of cyber crimes and attacks such as watering hole attacks, SQL injection, spear phishing, brute force attacks and advanced persistent threats. Physical disasters such as fire breakouts, oil spillage, floods and other catastrophes are inevitable. It, therefore, calls for a disaster mitigation, preparedness, response and recovery strategies. A recent disaster at the Jomo Kenyatta International Airport (JKIA) in East Africa’s country’s commercial hub Nairobi Kenya is a case in point. Kenya’s main airport arrival terminal was razed down following a dawn ...

When scientific methods are used in the process of preserving, collecting, validation, identification, analysis, interpretation, documentation, and presentation of digital evidence from digital sources, then the process is called digital investigation. The evidence may be used to facilitate the construction of events deemed to be criminal or are in contrast with the laid down procedures. Digital investigations for an organization differ to digital investigation for law enforcement because of the procedure adopted. Different models of operation have been suggested depending on the complexity of the situation. Digital investigations arise as a result of an occurrence suspected, attempted or ...

INTRODUCTION

Information systems are vital documents in many organizations. Because information system resources are so essential to the operation of an organization and its success, it is crucial that major services provided by these systems operate optimally without excessive interruption. Contingency planning support these necessities by providing the required plans, procedures, and technical parameters that will allow a system to operate and recover quickly and effectively as possible from a disruption. Contingency planning is unique to each and every system, detailing the preventive measures, recovery strategies, and technical aspects appropriate to the systems information CIA requirements. Thus an information system ...

Recommendations: Thicketwood should purchase the new CNC router offered by High Tech Inc. Company’s manufacturing should be adjusted according to the increasing demand and the new capacity.

Short/Medium Term – Immediately to One Month

1) Thicketwood should purchase the router from High Tech. This machine offers a reduction of expenditures on line workers and maintenance. The price difference with the router from TDL Products Co. will be covered within the life span of the High Tech’s machine. Moreover, longer life of the High Tech’s router and a service warranty reduce the uncertainty of future operations. 2) Adjust Thicketwood’s staffing. Reallocate three current line workers ...

Recommendations: Purely should focus on developing a consistent brand image by clearly identifying the marketing mix. Commercial users should become the main target market. Promotion expenditures should be kept to minimum to free up capital for capacity expansion.

Short/Medium Term – Immediately to One Month

1) Purely should focus on commercial users. Firstly, fewer competitors exist in this market. Moreover, servicequality, competitive prices, and word-of-mouth advertising are effective for these users. Longer-term contracts reduce demand volatility and facilitate forecasting. 2) Expand newspaper advertising to publications used by businesses and leverage current network in the Filipino community to penetrate and further expand in the commercial business segment. ...

Abstract

This paper discusses contingency planning for an organization's IT resources. In particular, it discusses the six contingency planning steps; the recovery options for IT resources; the recommended testing requirements; and a recommendation for a proposed 24-month cycle business contingency test plan. The paper concludes that a contingency plan should cover all of an organization’s resources and that the contingency plan for its IT resources should complement and support those of the other resources.

Introduction 4

Contingency Planning Steps 4 Identification of Mission- or Business-critical Functions 5 Identification of the Resources that Support the Critical Functions 5 Anticipation of the Potential ...

Project management is a broad based discipline that encompasses the functions of organizing, controlling, motivating and planning for resources so as to accomplish some predetermined objectives. Project management was developed in order to save time and resources used by a project through proper planning. Project management endeavors to achieve the project objectives given the constraints of time, budget and allocation of the available resources. The project lifecycle stipulates the activities that must be performed in order to achieve the project goals. Conversely, the project lifecycle management describes how the project will be managed. The project manager is thus tasked with the ...

Production of a Music Video Track

Coming up with the idea 1 week All the participants sat together and had enough time in order to brainstorm with an aim of coming up with the idea of how the video should look like. These participants were actually members of the band that had recorded an audio track for which a video was to be created. Various suggestions were raised from participants and appropriately documented in order to enable them to eventually decide on what best suits the track. Analysis was carried out on all the suggestions raised from members and a decision made on how the ...

Introduction

The project management issue that occurred during the construction opening of DIA or Denver International Airport is one of the classic examples of project mismanagement. The objective of this paper is to investigate on the critical events that happened during the construction of an airport that was supposed to benefit the people of Denver by providing an indefinite amount of boost to the business and tourism sectors. Did Denver Really Need a New Airport? Before we investigate on the events that happened at a time when construction have already started, it will only be logical to answer the question “ ...

Team Members

Introduction Company Overview The company that will be assessed for the project is Dalton, Walton, & Carlton, Inc., which is located in Kansas City, in Mo house. It is in the business of architecture and has approximately 250 employees who are distributed in four cities within the region. The main office in Kansas houses approximately 100 employees and is housed in the main suburb of a neighborhood where security is not regarded as a main concern. An assessment of the security needs will be undertaken and worked on in order to have a secure organization where information assets are safe.

IT Infrastructure

The ...

Midnite king local food joint

Executive summary

Midnite king Corporation is a leading food service business and recognized all over the world. It operates in the food industry and style themselves after western food chain in the likes of Buger King and McDonald. In the past few years, the fast food outlet has been dipping and there are concerns to take it back on track. The managing director has tasked me with addressing the issue, which I will in this paper. The paper will be a marketing plan highlighting Midnite king’s PEST issues and SWOT issues. This will further enhance me to present a marketing management ...

Business plan

The success of any business depends on how effectively its products compete in the market. The competitive advantage is dictated by the company’s resources and strategies employed, such as corporate level strategies and business level strategies. This paper analyses the competitive structure of the industry where Furniture Heaven Company operates, using the Porter's Five Forces analysis. Also included are the company’s corporate level strategies, business level strategies, and a contingency plan in case the unexpected happens. Furniture Heaven Company manufactures and sells furniture of various types. The furniture industry has, for a long time, been very lucrative due ...

Introduction

Other means of dealing with security threats and incident response existed long before the introduction of computer technology. People used to respond to unexpected incidents that were capable of affecting organizations or a nation at large. Irrespective of the nature of the event, it is always advisable to prepare and respond to an incident that has a negative effect to people. The use of disaster recovery and incident response technologies assists organizations in preparing for unexpected events. Most organizations fail in preparing for incident respond and disaster recovery while conducting their daily businesses. These organizations are not well prepared to offer ...

Business case for introducing the policy in this corporate context

I am the concern person to implement; introduce and evaluate the diversity policy in the organization. first of all the valuing diversity is a policy in which an organization management put all employees together in terms of color, race, dress, weight, class and sex. The diversity policy is implementing almost all corporate organization due to its challengeable benefits. The government has also introduced a law of people discrimination that protects a person against bed behavior due to differences of personal characteristics.

We can appoint an authorized manager to make the valuing diversity policy as business imperative. The manager should be forward thinking ...

Table of Contents

Executive Summary 3

Environmental Analysis 3 Market Need 4 Current Situation 5 Industry overview 5 Competitor analysis 5 Legal/Regulatory Overview 6 Target market 7 Target Audience Analysis 7 Marketing Objectives 8 Marketing Strategies 8 Product 8 Price 9 Place 9 Promotion 9 People 9 Physical layout 10 Process 10 Positioning 10 Marketing Tactics 10 Evaluation and Control ...

1. The five factors include: 1. Staff motivation 2. Efficiency of management towards implementing changes 3. Business culture 4. Advance up-to-date machinery 5. Flexibility of workers towards changes 2. The five barriers are: 1. Inflexibility in operation 2. Human resource problems 3. Lack of co-ordination 4. Poor communication channels 5. Untrained workers 3. Supply chain consists of all parties which are involved in moving a product or a service from producer to the customer. It includes the manufacturer, material suppliers, transporters, wholesalers, retailers etc. 4. In a loosely coupled ...

Abstract Every society has its own share of health risks and they eventually carry with them sociological implications. They range from social dysfunctions such as domestic violence, sexually transmitted diseases like HIV/AIDS towards hazards in the community which include pollution of the atmosphere by toxic substances; gases and odor from carcasses. Recent studies have shown where even road accidents are community health concerns. As such, in truly conducting a Community health assessment all of these contributory factors ought to be considered in the process. Various changes in the environment also carry with them a number of health disruptions. Earthquakes; flooding; ...

Executive summary

On the basement of the information obtained a new strategy was proposed. Strategy formulation, implementation and contingency plan were outlined. Perspectives of further development of the company were proposed.

Introduction

Health care institutions started endure severe trials since new Medicare’s payment system was implemented in 1983. Actually, they proceed operating in confusing and threatening environment because of legislation, demographic and lifestyle changes, economic forces and technological advances (Swayne, L., Duncan, J., & Ginter, P., 2009). Salix Pharmaceuticals’ concern is tied to the company strategy and development of products. This case study is to analyze the situation and make proposals ...

Risk description

Project and product risks These are risks that affect the project as a whole. They are major risks and therefore should be considered in careful details about their occurrence and also solutions to covering for them. They may arise from business process risks which happen in the course of the management process. They include governance risks, management risks, and operational risks such as purchases made when getting supply. Others include marketing risks which result from weak product marketing and distribution weaknesses. They may also result from the use of poor or almost obsolete technology to manufacture products and this ...

Risk analysis

Foundation Batum is committed at ensuring that a large portion of the people in Africa benefit from the services offered to the women in the society. The realization of the dreams and the achievement of the goals set up in this business plan are likely to be achieved within the time frame set, and with the resources that have been identified at the start up. However, the organization operates in a business, professional and geographical environment that is quite challenging, and where new challenges as well as risks are likely to occur at any time. Thus, it has been realized that ...