...well work in a lot of industries. One example of an industry that would benefit from this type of human resource management would be fast food industries. It allows people who may not have graduated in the top of their class and who may not have had the best GPA in school to still qualify to enter the company with a degree. They can show off their good work ethic and dedication by starting off at the bottom and working their way to the top. Having said that, job loyalty is greatly promoted in industries that perform in this way. 2. Does Enterprise face any risks from its HR strategy? b. Of course Enterprise faces risks from its HR strategy, as well as any other industry hiring brand new employees. There is always the struggle of teaching new employees the rules and strategies of the industry they are working for. They have to go through a training session to tell them what is expected of them and how they should go about doing their job. One good thing to note about Enterprise’s HR strategy is that they like to hire former athletes and former people who have been in a club of some sort so that they at least know they are hiring someone who has been dedicated to something at some point, and hopefully they can be just as dedicated to their job. 3. Would you want to work for Enterprise? Why or why not? c. Personally, I wouldn’t see myself working for Enterprise. Knowing I went to school and took the time to earn my degree, as well as spending money in the process...
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...increasing the stork population would increase the birth rate? Explain why the other 2 are false. 1. The Mayor implied there was an association between the stork population and the birth rate that was not there. False. The mayor was clearly speculating, there is clearly an association between the stork population and the birth rate. 2. The Mayor mistakenly thought that 2 factors which are statistically associated (the stork population and the birth rate) must be causally related. True. There has to be alternate explanations for this association. The Industrial Revolution, could be causing both a decrease in storks and a decrease in the birth rate. 3. The Mayor neglected to look at the statistical significance of the association. Only if the results were statistically significant could he conclude that a causal relationship exists. False. Statistical significance does not indicate that an association is causal. Part B....
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...business a bank is doing? How banks earn profit? What are the product and services offered by a bank? What assets and liability products of a bank? What is net interest margin (NIM)? What deposit mobilization? Why these days the mobilizations are going down? What are the factors effecting deposit mobilization of a bank? What is RBI Credit Policy and how RBI control money supply and interest rate (definition and importance of CRR, SLR, Repo rate, Reverse Repo rate and Bank rate). What are the Securities qualify for SLR requirement of a bank? What is Open Market Operation (OMO) of RBI? What is base rate of a bank, how it is different from BPLR (Banks Prime Lending Rate). What is Credit rating and how it helps banks in credit appraisal of company. What is the process of the credit rating? If client approaches you for a project loan than how you are going to assess the credit worthiness of the client (important ratios use for credit appraisal) dead services coverage ratio, interest coverage ratio, etc. If you are working with a bank then are the important ratios for credit appraisal? What are your strengths weakness for your banking jobs? Do your SWOT analysis for a bank job. What are the main functional areas in a bank for finance professionals (treasury related jobs, risk management, credit appraisal, loans indication, merchant banking). What is IRR, how it is used for project appraisal by a bank? What is loan indication? How it is done. What is under writing in this process? What...
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...Risk Management in the Asian Banking Sector “What is the best strategy for the implementation of Enterprise Risk Management in the banking sector of the highly expansive but volatile Asian economy?” I chose to do an in-depth study of this area of risk management because as I am Australian, it is extremely important for me to start to fully understand the workings of our closest economic partner and the future of our economy which is driven by the expansive growth that is rolling through Asia. I was also intrigued into the steps needed to fully adopt a risk management system in an entity. It should be noted that the focus of this paper is on the developing region of South-East Asia and less on the more developed parts of Asia including China and Korea. Matthew Dichiera 11167674 Contents 1 – Introduction 2 – 1997 Asian Financial Crisis and effect on vision of risk management 3 – Overview of risks faced by banks in the developing Asian region 4 – Importance of Enterprise risk management (ERM) 5 – Strategies of implementing ERM and the challenges associated. 6 – Conclusion 7 – References Introduction The Asian economy is a vehicle of highly expansive growth and even higher volatility, it is an area of the economic world which must be treated with much anticipation and be viewed with excitement but also must be monitored and watched extremely carefully as was shown by the infamous Asian financial crisis of 1997. Opportunities for growth are high, which...
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...of the business plan. Many investors make their decision to proceed with further discussions (e.g., due diligence) based on this single section. The executive summary should encapsulate the key positioning and reasoning found in the rest of the business plan. Both the vision and mission statements should assist in succinctly communicating a compelling opportunity. • • • • • Why is this a big problem and why are customers willing to pay for solutions? How does the venture plan on solving the customer problem or need? Why is this venture uniquely positioned to do this? How attractive are the economics? Why is this an exciting growth opportunity? Who is the team, and what key partnerships are in place? I. Opportunity and Market Analysis Investors like funding big problems representing large opportunities. Start strong by demonstrating a solid understanding of the customer and why this problem or pain is important to them. Performing customer segmentation will convince readers that the venture can grow to the size of the addressable market. • • • • What is the problem or need being solved by the venture? Who is the customer or customer segment(s)? How large is the total addressable market, and how much is it growing? How is the...
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...Institutions & Risk Management in Subprime Crisis Vikrant Joshi The Role of Financial Institutions & Risk Management in The Subprime Crisis This paper discusses the role of financial institutions & their risk management strategies in the subprime mortgage crisis. The downturn in the housing and mortgage markets precipitated the first phase of the financial crisis in August 2007 when the solvency of a number of large financial firms was threatened by huge losses in complex structured financial securities. Why did these firms have such high concentrations in mortgage-related securities? Given the information available to firms at the time, these high concentrations in mortgage-related securities violated basic principles of modern risk management. Introduction: This paper analyzes the role of financial institutions in the light of risk management and corporate governance in the events leading to the subprime crisis. This paper explores the following question: Given the tremendous advances in financial risk measurement and management, why was the solvency of large and complex financial firms threatened by large losses in the mortgage market? First, the subprime mortgage market was about $1.3 trillion. Even a very high percentage loss in this market seemed manageable, given the overall size of U.S. and world debt markets. Commonly cited reasons such as high mortgage defaults in 2006 and 2007 do not provide a sufficient explanation for why this particular...
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...Lab #2 Assessment Worksheet Align Risks, Threats, & Vulnerabilities to COBIT P09 Risk Management Controls 1. a. Unauthorized access from public internet - HIGH b. User destroys data in application and deletes all files - LOW c. Workstation OS has a known software vulnerability – HIGH d. Communication circuit outages - MEDIUM e. User inserts CD’s and USB hard drives with personal photos, music and videos on organization owned computers - MEDIUM 2. a. PO9.3 Event Identification – Identify threats with potential negative impact on the enterprise, including business, regulatory, legal, technology, trading partner, human resources and operational aspects. b. PO9.4 Risk Assessment – Assess the likelihood and impact of risks, using qualitative and quantitative methods. c. PO9.5 Risk Response – Develop a response designed to mitigate exposure to each risk – Identify risk strategies such as avoidance, reduction, acceptance – determine associated responsibilities; and consider risk tolerance levels. 3. a. Unauthorized access from public internet - AVAILABILITY b. User destroys data in application and deletes all files - INTEGRITY c. Workstation OS has a known software vulnerability – CONFIDENTIALITY d. Communication circuit outages - AVAILABILITY e. User inserts CD’s and USB hard drives with personal photos, music and videos on organization owned computers - INTEGRITY 4. a. Unauthorized access from public internet...
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...employees of this company and why I think this was the better choice for this company. (Getzen, 2013) Profile The companies name is Constructit, it employees 1000 people. The demographics for this company is ages 26-45 years old, there are 406 people between the ages of 26-30, 314 people between the ages of 31-35, and 82 people between the ages of 41-45. The total count for this company is 550 men and 450 women and 60% of the people are married. The physical condition of the people who work for Constructit shows that 32 % of the employees are involved in great physical activity, 25% is involved in a moderate physical activity, and the rest of the employees which is 43% are involved in sedentary activities. The health risk of the employee has been rated moderately high for health risk in this group. The good part of the research showed that 35% of the group has no major health risk, although 18% of the people who work for this company are smokers. (Getzen, 2013) According to report some of the major causes of work absenteeism at Constructit are injuries, respiratory system diseases, digestive disorders, migraines, and allergic conditions. Obesity affects 39% of the entire group of employees. With obesity come related diseases such as hyperlipidemia, high blood pressure, diabetes, and cardiovascular disease, so the chances of these related diseases are moderately high. (Getzen, 2013) Utilizations This certain group and their health care risk factors forces there to be potential...
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...someone who isn’t pregnant and therefore unhealthy for the unborn baby a pregnant woman carries. Many women, despite knowing this well-known fact, have continued smoking during their pregnancy. They would rather feed their addiction than to keep their child healthy and it is immensely wrong. It is unbelievable how women are willing to risk the life of their unborn child just to inhale nicotine. There are so many reasons why smoking during pregnancy is wrong, birth defects, miscarriage and stillbirth, and the risk of the baby developing lung problems. With all of these side effects combined, it seems it would be an obvious conclusion for women to not smoke while pregnant. Smoking is a bad choice to make. Cigarettes are addictive and cause cancer. Smoking while pregnant is not just a bad choice for the mother to make, but also a bad choice for her baby. It is one thing for someone to risk their own heath, and another thing to risk the life of an unborn baby. “A woman who smokes while being pregnant is more than 50% more likely to expose her unborn child to an infection within the womb in comparison to a non-smoker, as the smoker’s Absolute Risk Reduction (ARR) is 1.67 compared to the non-smoker.”( Mund, Louwen, Klingelhoefer, & Gerber, 2013). While it is a well-known fact that smoking during pregnancy is a bad idea, recent studies have shown just how bad it is for the baby. Smoking during pregnancy causes birth defects in the fetus. Many babies, born to mothers who did not...
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...Diabetes Mellitus Quiz (Paper) Metformin is a good oral glycemic agent used for treatment of DM and new research from the US Diabetes Prevention Program ( DPP) shows that it can aid in delaying the onset of the disease when used in patients who are at high risk. Some of the high risk patients include those that are overweight or obese, have a family history, had gestational diabetes or are African American. The study uses 3 groups of people, a placebo group, a intensive lifestyle group and a metformin group. Appoximitely 3000 people have been used in this study and 85% of the original group study continued on in further studies. Approimitely 45% of the group were minorities ethnic backgrounds. Diabetis Mellitis (DM) is becoming more and more prevelant in our society. This article is about ways of helpng those at high risk of developing DM to reduce their risk of getting it or delay the onset. The main component of the article is the use of metformon to delay or reduce the risk of onset of DM. Research has shown that the use of metformin in those that are high risk for getting DM may delay the onset for as long as 15 years. If the patient takes metformin and increases their exercise and diet regimines then the chances of delaying the onset are even greater. Although intensive lifestyle changes still have the best chance for delaying the onset of DM, in the future Metformin may be used to delay the onset as well as for treatment of Diabetes. Did the article contain any additional...
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...Enterprise 5 2.2 Organization 5 3.0 Business Information Systems Selection 5 3.1 (What are the BIS you selected for your business? Why did you select these BIS systems? (Please provide 5 BIS systems. I.e. Point of Sales, Online ordering, Enterprise Resource Planning (ERP) etc…)) 6 4.0 Networking Technology Selection 6 4.1 (What is/are the networking technology system? Why did you select this/these networking technology systems? (Please provide at least 1 Networking Technology. I.e. Website Hosting (who will host your site), Internet Service Provider (identify bandwidth speed), Wireless capabilities, etc…)) 6 5.0 Business Information Systems and Networking Security Risk and Mitigation 6 5.1 (What are the security risks for the BIS selection?) 7 5.2 (What are the security risks for the Networking Technology selection?) 7 6.0 Business Cost Analysis (OPTIONAL) (BONUS POINTS) 7 6.1 (How much does it cost for the BIS and Networking Technologies you selected for your business?) 7 6.2 (How would you go about in obtaining funding for your business?) 7 6.3 (Provide a One-Year, Two-Year, and Five-Year projected investment capital. I.e. initial funding, Return on Investment, Anticipated profit/loss, etc….) 7 Table of Figures 8 References 9 Sample Business Plan (TITLE OF PLAN) 1.0 Executive Summary 1.1 Mission Statement 1.1.1 (What and Why are you in the business about? No more than 3 sentences) 1.2 The Market 1.2.1 (What is the market like today?) 1.2.2 (What...
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...Introduction Dear Bullies, You see that 15-year-old girl holding hands with her one-year-old son that you called a slut? She was raped at 13. You know that boy you called a crybaby for crying? His best friend committed suicide last night. You see the girl with all those bruises? She is abused by her parents. You see that bald woman that you made fun of? She is dying of breast cancer. You see that old man that you called ugly? He got a serious injury to his face in the war. You see that man that you made fun of for having all those burns? He ran into a burning hospital to save his sick daughter. You see that girl that you called fat? She is starving herself. You see that boy you called stupid? He has Down syndrome. In today’s society, bullying is the most common form of violence. But what is bullying? Bullying is a form of aggressive behavior in which someone intentionally and repeatedly causes another person injury or discomfort. Bullying can take the form of physical contact, words or more subtle actions. Bullying includes actions such as making threats, spreading rumors, attacking someone physically or verbally, and excluding someone from a group on purpose. (http://www.stopbullying.gov/what-is-bullying/index.html) There are many types of bullying in the U.S. such as physical, verbal, indirect bullying, social alienation, intimidation, and cyber bullying. Physical bullying includes any physical contact that would hurt or injure a person like hitting, kicking, punching, etc...
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...Risk Assessment A risk assessment is something that is produced to help carry out a risk assessment of what might cause harm to the service users and what needs to be carried out in order to avoid the risks from taking place . It is something by law that is expected for all the workplace to carry out. This links in with the HSAWA as every workplace when opening up a business they need to follow the rules and regulation in order to keep the environment safe as well as the employees. When creating risk assessments it’s about producing a table of which identifies all the possible hazards that could take place in the workplace. Every workplace must produce a risk assessment and by creating this you are pointing out all the risk that could take place but also putting in place steps to prevent it from happening. The process of doing risk assessments is to identify hazards and state what they are but also analysing the hazard as to what risks are involved with that hazard and what harm it could bring. Finally, stating the steps that need to be taken in order to eliminate or to control the hazard from occurring. Doing a risk assessment is really important they form an essential part because doing a risk assessment is the key to a good occupation because they help they help to create awareness of the hazards and risks. The aim of having a risk assessment is the process of trying to remove hazards and remove the risk that it accompanies and adding precaution to stop the risks from taking...
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...Understand Potential Hazards in Health and Social Care. You need to explain each hazard as well as the risk from each hazard. Use Pages 88-93 to complete the table. (P1) This task will discuss the potential hazards within different environments. It will also explain the different types of risks from the hazards. Additionally it will state the different type of individuals who would use health and social care services. Finally the hazards and risks will be put into a scenario which will discuss how the hazard became a risk and the effects of the risks. Hazards | Harm and Abuse (Risks) | Settings | Users of Health and Social Care Services | Explanation with Details | Hazards in the Physical EnvironmentPoor Ventilation | -Increases the spread of infections like colds and flu.-Stale air can cause nasal congestion. | Hospital | Diverse range of Patients- the elderly, young children, teenagers baby’s, people with physical and physiological problems. | Kathryn is a 73 year old Woman. She has been in the intensive care unit for around 2 weeks treating the Swine Flu that she had caught. Today she is being dismissed from Hospital as she had fully recovered. There was poor ventilation within the hospital meaning that there was an insufficient amount of fresh air circulating around the environment, this increased the epidemic of influenzas, and it also meant that the environment was also contaminated with stale air that was entering Kathryn’s body. A week later Kathryn developed...
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...Homework Assignment – Week 1 Chapter 1 1- Why are financial markets important to the health of the economy? Because they channel funds from those who do not have a productive use for them to those who do, thereby resulting in higher economic efficiency. 2- When interest rates rise, how might businesses and consumers change their economic behavior? Businesses would cut investment spending because the cost of financing this spending is now higher, and consumers would be less likely to purchase a house or a car because the cost of financing their purchase is higher. 3- How can a change in interest rates affect the profitability of financial institutions? A change in interest rates affects the cost of acquiring funds for financial institution as well as changes the income on assets such as loans, both of which affect profits. In addition, changes in interest rates affect the price of assets such as stock and bonds that the financial institution owns that can lead to profits or losses. 4- Is everybody worse off when interest rates rise? No. People who borrow to purchase a house or a car are worse off because it costs them more to finance their purchase; however, savers benefit because they can earn higher interest rates on their savings. 5- What effect might a fall in stock prices have on business investment? The lower price for a firm’s shares means that it can raise a smaller amount of funds, and so investment in plant and equipment will fall. 6- What...
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