Essays on Uncertainties

Purpose

This paper intends to investigate how well the Pakistan pharmaceutical industry’s supply chain system performs. The thesis aims to achieve this purpose by examining the transportation, outsourcing, logistics management, and government regulations, and how these factors influence the efficiency and effectiveness of the pharmaceutical industry of Pakistan. In particular, the paper provides insights into the performance related practices used in the Pakistani pharmaceutical industry. Consequently, it points out the need for more research aimed at capturing dynamics and specific operational characteristics of local networks for development and improvement. Further, by denoting the relationship between system practices and SCM ...

Question 1

The play “Waiting for Godot” functions with explicitly stipulated rules. The main characters in the play are Vladimir and Estragon. They are referred to as tramps in the play. The world in the play contains a lot of uncertainty. Nothing happens in the play, and there is always nothing to do. Vladimir and Estragon are waiting for a man referred to in the play as Godot. The tramps are uncertain about their actions. There are not sure they are waiting for Godot at the correct location and if it is on the right day. They are also unaware if ...

IAS37: CURRENT ISSUES IN FINANCIAL REPORTING

IAS37: Current Issues in Financial Reporting Introduction Since the publication of IAS 37, it provides explicit directions for companies to recognize provision, contingent liability and contingent assets. IAS 37 undermines the traditional accounting concepts of prudence hence leading to considerable volatility in companies earning reports. The IAS 37 helps in disclosing the transaction incurred in an organization that is associated with liabilities. In the IAS 37 standard, the word “probable” has been adversely used and hence providing options of creative accounting essential for companies to recognize its provision on balance sheet. Before the amendment of current IAS 37, the ...

The laws meant that the Bowen plant of the Southern Company had to reduce the amount of sulphur dioxide released during the production of electricity. Prior to the enactment of the laws, Bowen’s sulphur dioxide emissions amounted to thirty tons an hour (Reinhardt 2). This amount translated to an annual emission of 262800 tons assuming 8760 hours in a year. Between 1995 and 2000 during the first phase of the implementation of the laws, the plant would only be allowed annual emissions of 254,580 tons of sulphur dioxide. This translates to hourly emissions of 29.06 tons (Reinhardt ...

PART 1

Risk is defined as a measure of future projections on uncertainties that affect the set goals, achievements, objectives and performance of business, project or organizations. Risk is often associated with programs such as technology failure, threat, design maturation, supplier capability and performance plan analysis. The mentioned programs are managed through integrated master schedule (IMS) and Work Breakdown Structure (WBS). Industry risk assessment addresses potential variation in market capability, accessibility, cost structure, profitability, substitutes, cyclicality, and regulations. Therefore there are key elements that must be evaluated during risk assessment (Weagley, 2014). They include a root cause or risk projections that ...

Following the guidelines of the course ID guidelinesStudent’s NameUniversity

Introduction The crisis management plan has been structured to deal with possible unionization or collective bargaining agreements leading to strike of the workforce in Blossoms Up. Meanwhile, the following paper investigates the crisis scenario to develop most suitable crisis management plan according to the order. Admittedly, the Crisis Management Plan can be evident to control such unintentional disruption.

The crisis management team

In order to respond to the strike situation, the role of Human Resource, top management, and legal assistance will be evident. Therefore, each of the said department must be included in the crisis management team to deal with the unwanted scenario. ...

Introduction

Genetic counselling is defined as the information, guidance, and support provided by a genetic counsellor or medical geneticist to an individual, a couple, or a family about a genetic condition. The information may help the client (affected individual or family) understand how a gene variant underlies an observed phenotype, disease prognosis, and the probability of transmission to progeny. Apart from information to help the client make informed decisions about lifestyle, treatment, and reproduction, a counsellor provides psychosocial support to minimize the adverse psychological, intrafamilial, and social consequences of genetic testing. Therefore, genetic counselling has an educational as well as ...

During the shutting down phase of a project which involves sign-offs, compliance audits, and official approval, there are possibilities of unforeseen things happening. Shutdowns are largely unpredictable because the normal or programmed operations of project systems are altered. While this may help in discovering problems with the current systems, it also raises certain issues that highlight the burden that may come with project shutdowns. The problems include safety risks, creating expensive or complex problems, delay in respect to the set schedule, ambiguity in decision-making, and the possibility of general failure of a project. Project systems may be designed to ...

Life is a process of continuous learning, this is what I have realized in assessing all that I have learned in taking this course. This course allowed me to become conscious about the reason why many people constantly seek knowledge, and it made me appreciate the saying that knowledge is power. Learning is a cycle that starts from what one already knows, going toward other aspects that needs further understanding and knowledge expansion. Further, I realized that constant learning is important in many aspects of life, and especially so one needs to make critical decisions. A person should not ...

Introduction

The report is aimed to develop the plan for project management of developing upscaled and advanced annual report of Young at heart. It is a national non for profit medical research center that conducts researches on the diseases related to aging. The center, for now, develops simple and easy annual report in black and white color. As the center works as a nonprofit organization, therefore, it is very important for it to provide more accurate and clear reporting of where it utilizes the funds provided by thegovernment, corporation and foundations and other donors. Therefore, the director of the external ...

Introduction

The concept of changing mindset transcends to both the personal perspective of every individuals to shift from career to entrepreneurship and the organizational perspective of shifting into a learning organization. Furthermore, the concept of changing mindset will be elaborated by analyzing a case study and the article by Seddon and O’Donnovan (2010). In he first part, the changing mindset was demonstrated by the case of Andy who successfully established a small business instead of staying in his career. It is apparent from the case that changing from career into a small business entrepreneur can be a challenge, but ...

Strategic Analysis Alacer Gold Corp and Gold and Mining Industry

Introduction Gold is a precious metal with high ductility and malleability, and it finds application as jewelry and investment. It is considered to be one of the safest bet for investment, especially during economic instabilities. Consequently, rapid political instabilities in the Middle East and financial crisis led to rapid increase in the price of gold worldwide. Technological innovation is also a major factor that affects the gold and mining industry. Therefore, the strategic analysis narrows on the gold industry, with a specific focus on Alacer Gold Corporation. It looks at the trends in the industry and how Alacer Gold ...

APPLICATION FOR REVIEW OF RESEARCH INVOLVING HUMAN SUBJECTS

For IRB approval, submit your proposal to: Dr. State University IRB, if you have questions or wish to check the status of your proposal, please call Dr. ALL APPLICATIONS MUST BE TYPED. Please fill in this application form completely. [Do not state, "refer to pages in proposal" for requested information.] Attach additional information to this form only after the space available for response to a given question has been used.

Thesis

In making this application, I certify that I have read and understood the guidelines and procedures developed by McNeese State University for the protection of human subjects and that ...

Ancillary Revenue Management in the Airline Industry

Introduction There is a stiff competition between the network airlines and the low-cost carriers (LCCs) in the airline aviation industry. For a long time, the traditional network airlines have been struggling to cope up with the many economic uncertainties in the industry, especially the rising cost of jet fuels and increasing operating costs. Consequently, to survive in the industry, they have been forced to come up with new ways of generating revenue. Like LCCs, the network carriers are now considering unbundling their services to produce additional income. Network airlines are also adopting the trend of selling chargeable services, which ...

Executive Summary

Ecosystem-based management (EBM) is a place-based way to utilization of natural resources with the aim of protecting and restoring the energy, flexibility and activity of the entire ecological environment to benefit its inhabitants. EBM is a great tool to preserve the environment in a better way that will not destroy the economy and humans. Movements of traditional environment have improved the ecosystem at the expense of economy, which has been viewed as a failure. People cannot continue repeating the same mistakes again. This is where EBM approach comes in where the ecosystem would be protected while at the same ...

Introduction

It is universally accepted that illegal and unethical activities of businesses and companies could lead to a significant negative impact to the welfare of the society (Schwartz, 2001). In addition, following or embracing a proper business ethics is also a necessary element in the success of the businesses, organizations and companies. In general, the success of every business, organization or company is based on the trust between the employees, customers and the public. People commonly do not trust an organization which does not follow a universally accepted code of ethics (Matthews, 1987). In most cases, it is recommended that ...

[Date: mm/dd/yyyy]

Introduction The extensive scarcity of food is known as famine, which causes a high extent of mass starvation in the region. The prevalence of famine has been observed in every continent of the world, however, some countries like Sub-Sahara Africa still encounter with the drastic effects of famine (Baro and Deubel 522). The current paper enlightens the causes and effects of famine and presents the preventive measures to reduce the prevalence of famine.

Causes

The scarcity of food is observed to be caused by the ineffective distribution of food or imbalance in the demand and supply of food. ...

Introduction

Projects have increasingly become an important component of many organisations today. In this sense, the project management occupies a progressive master role in the success of many organisations (Shenhar & Dvir, 2007). This means that the fruitful and appropriate delivery of the projects promotes the progress and the development of the humanity from the global perspective. This paper is about the analysis of the automated baggage system built by the BAE Automated System incorporated into a project at the Denver International Airport (Neufville, 2004). Ideally, the project was designed to cater for the teaming air passengers at the airport. While ...

Rio Tinto was a prominent entity with market leadership in global market leadership until 2010. The company had been considered for offering sustainable management practices related to mining for more than two decades. Mr. Sam Walsh, the Executive Director and Chief Executive Director of Rio Tinto Iron Ore Group addressed Australian-Japan Cooperation Committee in 2009 regarding significance of climatic alterations in mining industry. Stating, that there is a need to take serious initiatives to reduce uncertainties and exploit opportunities. Moreover, it is a responsibility of Rio Tinto to offer industrial solutions regarding greenhouse gas emissions and usage of alternative ...

Abstract

[Doctoral Study Title] [your official name]

BS, [university], 200X Doctoral Study Submitted in Partial Fulfillment [last month of quarter you plan to graduate] 200X

Background

Megaprojects have become a significant issue in the economic and infrastructural development of projects nationwide. An estimated 8% of the global GDP is made up of megaproject related funds and they have become the primary vehicle for the creation and delivery of a variety of social infrastructural projects including “water and energy, information technology, industrial processing plants, mining, supply chains, enterprise systems, strategic corporate initiatives and change programs, mergers and acquisitions, government administrative systems, banking, ...

1.0. Introduction to the Project Wal-Mart that is one of the giant industry players in grocery retail has launched a project in 2015. The project was centered on minimum wage hike to make it rise above the federal minimum level of wages. The company raised the salaries of its employee to $9 per hour that is $1.75 above the minimum wage limit defined by the Federal government (Kell, 2016). There are certain factors at the bottom of this wage increase. For example, Wal-Mart is renowned as the largest grocery chain of supermarket in the world, but its compensation plan ...

The elections are nearing, and the campaigns are still ongoing, and politicians are using hateful speeches and remarks to further their political ambitions. Individuals who use hate speech cite the first amendment; the freedom of speech. However, hateful statements have adverse effects on the peaceful co-existence of individuals from different communities and may also cause emotional damage as well as fear. Donald Trump has been making bold exclamations about immigrants in the Capitol, since his pre-election period, and for that he received a wide coverage and magnetism from the press. Amanda Sakuma’s Why Donald Trump’s Racist Remarks ...

Abstract

Risk management is undertaken differently in varied sectors. In a survey of 415 projects in Brazil, the revelation came out that hiring a risk manager or planning for risk enhances project success rate. However, risk means diverse things for different sectors. In IT, some risks are desirable, because they disrupt the status, making some people redundant and increasing the opportunities for the skilled. Hence, the path taken to manage risk in the IT field is different from how risk is managed in other areas. The construction industry is intensive in the use of resources, and risk management should be ...

Planning function helps managers to set a road map for the organization hence making them to be future oriented (Fainstein & DeFilippis, 2015). However, there are some demerits that have been associated with this function arising from rigidity and also from techniques of planning as well as from the planners themselves (Bharadwaj, 2014). Planning process is rigid since it makes the administration of the organization not to be flexible. This is because it is associated with the prior setting of policies, programs, procedures, and strict adherence to them. Planning lowers individual freedom hence discouraging innovation (Bharadwaj, 2014). Planning is also ...

Integrated Cost and Schedule Risk Analysis

Introduction Over the years, the process of analyzing projects cost did not take into accounts an explicit reference or any reference to the project schedules and its risk. As organizations witnessed numerous risks in their projects implementation, a great emphasis on risk awareness and analysis was made. As a result, project managers created an integrated cost-schedule risk analysis to create the need of viewing the risk analysis as a crucial input when making key projects decisions (Hulett & Campbell, 2002). In this paper, we explain important concepts on schedule risk and overall cost. The paper explains the importance of integration ...

The elections are nearing, and the campaigns are still ongoing, and politicians are using hateful speeches and remarks to further their political ambitions. Individuals who use hate speech cite the first amendment; the freedom of speech. However, hateful statements have adverse effects on the peaceful co-existence of individuals from different communities and may also cause emotional damage as well as fear. When Mr. Trump announced his presidential bid they he got more attention than he had bargained for, but not for the right reasons. He got the media attention and most importantly the public attention when he made negative ...

Research Paper

Abstract Armed conflicts, both domestic and international, have used children in combat, either directly-- as soldiers-- or indirectly. Children are preferred by numerous commanders because they are more obedient, more easily persuaded, and more loyal than adults. However, this phenomenon has become a national and global issue because of the physical, emotional, and psychological damages it bring to the children who are involved in combat. The international community has actively addressed the issue through legal actions. The 1949 Geneva Conventions and the 1977 Additional Protocols came into being as part of the efforts of the international community to protect ...

Identification of Supply Chain Risks in India and China with Proposed Solutions

Introduction As the business world is getting more complex with the rise of globalization pressures and increasing intensity of the global competitive forces, it is critical that organizations must deal with certain risks they are exposed to. Operating in multiple markets with integration into the global economy, businesses face enormous challenges and risks that not only raise the cost of doing business but also cause the loss of competitive edge in the respective market arena. It is necessary that organizations willing to expand their operational activities in other countries should anticipate different risks they are going to face while ...

The Step of the Risk Management Process

The risk management process is comprised of five core steps. The first is the identification of risks. At the heart of this phase is to identify what is likely to hinder the ability to meet the targeted goals. After the risk has been identified, the next step is to analyze it. This stage requires one to determine the probability and the consequences of the identified risk(s). It assists a person or a group to understand the inherent nature of the risk along with the potential effects on the set goals. The third step is the risk ranking or ...

Introduction

Myer is Australia's largest departmental store with more than 60 outlets and an online shop, where customers can order products from the comfort of their homes. The company employs 125,000 people and makes use of 1200 suppliers worldwide. Myer is embedded in the culture of Australia, as it has operated for more than 100 years in most cities. The company has a broad range of products; eleven in total, ranging from men wear to apparel and electrical goods. On the opposite, Myer has had mixed fortunes in the last five years. The company peaked in 2013, with revenues ...

Succession plans are necessary in every organization no matter how convincing the organization’s future appears. A succession plan enables a company plan for uncertainties such as disaster, illness or a vacancy as well as planning for leadership. It gives employees the opportunity to share their views and reinforce the relations existing within departments. Succession planning involves assessing and determining internal employees that are suitable to fill up each significant position within the organization and the decision to groom them for such interesting roles through developing their skills as well as abilities (Charan, Drotter, James, 2001). To come up ...

Assumptions in Molecular Weight Determination and their impact on MW determination

DSC measures the quantity of required heat necessary to melt a sample where the heat of fusion is calculated based on a percentage of crystallinity. Therefore, the methods used to measure crystallinity, weight determination such as DSC must be detailed to retrieve valuable results. However, in most of the molecular weight determination methods, there are certain assumptions undertaken but those assumptions also have a certain impact on results. In DSC profile, three types of distinct probabilities of uncertainty exist. The first is natural uncertainty that may be linked to equipment such as uncertainty of weight measurements of the sample. ...

Shangri-La Expansion in China

Introduction Shangri-La Company is a hotel group of Asian origin. It is the fastest growing hotel in the region. It is still spreading its wings across different regions. It has exploited the European and North America markets. In the recent past, it also opened new hotels in the Middle East, Dubai, and Maldives to be precise. The mainland of China is the heart- throb of this company with over twenty hotels and fifteen more expected to be set up by the enterprise. Shangri-La is a public company that was incorporated in 1971 and by 2004; its sales had reached $ ...

Introduction

The human resource management plays a critical role in managing human capital in the organization. Human resource manager must understand different aspect of human behavior that influences their output in the organization. An important aspect of the members of the organizations that human resource managers should be more attentive at is the culture. Employees of the organization come from diverse populations with different cultural and communication backgrounds. Culture has a significant impact on the values of each member of the society. Additionally, culture describes the relationship between behaviors and values demonstrated by employees in the organization (Anastacia, 2015). Professor ...

SCIENTIFIC OPINION ON GUIDANCE ON THE RISK ASSESSMENT OF THE APPLICATION OF NANOSCIENCE AND NANOTECHNOLOGIES IN THE FOOD AND FEED CHAIN

INTRODUCTION

Food and feed can contain of elements that have internal structures that can be measured on the nanoscale for example micelles, liposomes or micelles that occur naturally. Nanomaterials is used to categorize materials according to their size. Application of nanotechnology in agriculture can contribute to improved better pest management and protection of crops through better distribution of the agrochemicals and pesticides, growth agents or hormones. It is also applied in genetic engineering, sensors that are used in monitoring ...

Introduction

Currently, businesses are operating in an environment characterized by risks and uncertainties. Despite this phenomenon, identifying and managing such risks and emergencies have always been a great challenge. It is clear that every business can survive and prosper if they ensure that the process of emergency planning & preparedness is one of the key considerations in their business plan and mission (Perry & Lindell, 2003).

Long Essay

You have just been hired as an independent business continuity planner for a busy local restaurant located in a popular tourist area. The restaurant owners have heard a lot about business continuity planning and want to ...

Introduction to Information Security and Risk Management

Risk management is a process of determining the vulnerabilities that are present in an organization’s information system. It is done by taking carefully planned out steps to assure confidentiality, availability and integrity of all the components inside the organization’s information system (Whitman & Mattord, 2003). Managing risks is not an easy task with limited resources and the changing landscape of threats and vulnerabilities in the system. This makes mitigating all the risks impossible that is why it is important that professionals must have the right tools to help them to be consistent in managing the uncertainties present in ...

Introduction

Tension forces act on liquid surfaces, the thread in them is pulled into circular arcs. The pull is referred to as surface tension of the liquid. Surface tension exists uniformly in all directions. The forces affect the shape and motion of liquids that have open surfaces. Tension forces can be understood regarding forces that occur between the molecules. Repulsion occurs in molecules when they are close but attract when they are far from each other. Inside the liquid, molecules are close to each other. Thus, there are slight repulsions. Molecules at the surface of the liquid are some distance ...

China is one of the fastest growing economies in the world offering numerous opportunities to foreign investors. It has a vast potential for economic growth and offers access to a huge market for goods and services. The country also offers a substantial amount of labor force for its industries both in China and abroad. However, the differences in the cultural and political environment in China still poses a lot of risks and uncertainties among investors planning to establish their businesses in China; especially due to the very stringent policies and a culture that is hard to learn, and adapt. ...

Role of Small and Medium Enterprises in the Canadian Economy

The Small and Medium Enterprises (SMEs) are acknowledged as the engines of the Canadian economy. The success of these businesses leads to prosperity in the Canadian market. In Canada, 98.1% of the entire business activity lie in the category of small businesses and by the addition of the medium-sized businesses, it amounts to 99.8% of all the businesses. SMEs that belong to the Information Technology (It) industry are the major contributor to job creation and economic growth in Canada. SMEs contribute to more than 45% of the total Canadian export value that is more than $130 billion. It is ...

Business Finance Finals

The situation presented in the situation with client one is the for a business to survive a proper cash flow should be in place. The behavior of the person involve would also be barrier or a good mark on how they handle their financial management. As this is noted in the study of (Almeida, Campellow and Weisbach. 2004) in which they captured that “two important areas of research in corporate finance are the effects of financial constraints on firm behavior and the manner in which firms perform financial management”. In the line of the different of profits and cash ...

Question One

Risk monitoring is essential in identifying changes in an already identified risk as well as noticing emerging risks. In most businesses, shifts in a risk profile are slow and usually result from changes in business operations (Stulz, 2009). In some companies like financial firms, changes in risks are rapid and require constant monitoring. It is the responsibility of risk monitors to capture variation in risk characteristics as they happen. Failure to identify changes in the risk status and adjusting treatment in real time can be detrimental to a company. It can result in improper treatment of uncertainties leading to ...

Financial management is the central theme in business success. Several businesses use different techniques to manage their finances. In hypothetical business, Marks and Spencer’s inherent acquisition mechanism can help the businesses in deviating from the tactical management to the strategic management approach. However, their management approach has a lot of technical problem attachments. The following difficulty criteria of the inherent may be witnessed. The first challenge is inherent complexity; it is so difficult to validate the factors surrounding the implementation of the management strategy. The bigger diverse cultural options may threaten the full inherent of the idea. The ...

Introduction

Logistics describes all the integrated activities required to move products through the supply chain. The model of sustainable logistics entails strategic decision levels that help in planning, implementing, and regulating the movement of products, services, and related information from the production process to the point of consumption. Besides, it focuses on operative logistics decisions to enhance the supply network around three main factors: the efficient flow of surplus products, the flow of information regarding consumer demand and expectations, and the time required to respond to the demand from the supply source. Numerous factors have initiated the need to develop ...

RE: The Clean Air Act Amendment

There is no doubt into our commitment to comply with the new regulations on the use of coal in our plants. However, there are underlying complexities that need to be addressed. While there remains the need to control industrial emissions to sustainable levels, particular challenges are experienced. Installation of pollution-control equipment is one of the projected solutions to this long-standing issue that requires agent redress to sanitize our air. The Act creates compelling reasons that make its implementation indispensable (Davidson & Joseph 57-75). Given this, it is critical to underline the business perspective of the decision to either purchase the ...

Abstract

This paper gives an insightful preview of the Panama's economy. It analyzes key data from the current major economic indicators to comprehend the state or nature of Panam. The analyzes espouse data and statistics drawn from the Panamanian Bureau of Statistics and Economic portfolios. It analyzes both the endogenous, exogenous economic factors, as well as their impact on the Panamanian economy. One of the most conspicuous endogenous factors is the Panama’s unsustainable development growth models. Its economic growth mostly focuses on the economic indicators while ignoring critical and pressing aspects such as social as well as environmental problems. ...

Trying to Do More Good than Harm in Policy and Practice

Trying to Do More Good than Harm in Policy and Practice The central thesis of this article looks to survey research and evaluation assessment of a systematic high proportion in order to give reason and resolution to the uncertainties towards the effects of policies and practices, through a public and professional prompt of reason and truth against conflicting opinions. Ultimately these uncertainties are composed by the commonality of professionals generally “doing more harm than good when they intervene in the lives of other people, whereas their policies and practices should be informed by rigorous, transparent, up-to-date evaluations (Chalmers, 2003). ...