...Individual Project 2: Enterprise Risk Management Ashley Jonsson BUSI 601 Liberty University October 5, 2014 MEDA AB and Enterprise Risk Management MEDA AB is an international specialty pharmaceutical organization with its headquarters set in Stockholm, Sweden. MEDA specializes is offering cost effective pharmaceuticals in areas such as respiratory, cardiology, dermatology, pain and inflammation, central nervous system (CNS), and over-the-counter (OTC) medicines (MEDA AB, 2012, p. 18). MEDA’s vision is to “become a world-leading specialty pharma company with a focus on sustainable and profitable growth to provide value for our patients, shareholders and other stakeholders” (MEDA AB, 2014, para. 1). MEDA is currently present in about 60 countries and is staffed with over 3,000 employees (MEDA AB, 2014, para. 1). This purpose of this paper is to discuss a specific contemporary management technique that MEDA is not actively using at this time but could benefit from its implementation. The contemporary management technique chosen for MEDA is the use of enterprise risk management (ERM). Rationale for selecting enterprise risk management MEDA is a very large global organization and as such it is “important for global organizations to think about country-specific treatment of risks,” and to gain an understanding of how to control these risks in a manner that will allow them to align risks “with their business strategy, develop an overall approach to how they define, establish...
Words: 2320 - Pages: 10
...Phase 2 Individual Project ENTR615-1403A-01 Bolivar Coba Professor Theresa Pavone July 25, 2014 The video presentation by Simon Sinek on “How great leaders inspire action” is a very informative lecture that best describes how consumers are attracted to a product. Simon states that consumers make a decision on products based on why a manufacture or company develops their idea versus on the end result (Sinek, 2009). Based on the lecture of Simon the company that I am thinking of developing will be based on the passion of the customer service industry that I believe in. Upon researching on businesses that utilize ideas that my company will use, I found that we have three ideas which are: Create the Context, define and Train to a Standard; a Common Language for Your Organization, Design Customer Service Training Focused on Attitudes and Behaviors (Johnson, 1998). The type of business that I am planning on launching is in the customer service industry. The reason I have decided to enter this venture is because many companies that would like develop a strong customer service based employees, would have to obtain the proper training in order to meet set goals. The main reason why I decided to choose this venture is because I have over ten years of customer service. I have worked in the banking industry. In the banking industry I started as a bank teller then being promoted to customer service, then to a call center. The banking industry is a very tough working environment...
Words: 975 - Pages: 4
...Running head: THE CONCEPT OF ADAPTATION 1 Sensory Adaptation Experiment Aspects of Psychology American InterContinental University November 20, 2013 THE CONCEPT OF ADAPTATION 2 Process and Results of Each Experiment Experiment 1 with Sandpaper- After rubbing my index finger on the very coarse sandpaper a few times, I would rate the coarseness on a scale of 7 (very coarse). This experiment gave me a tingling feeling in my finger. After a minute or so from resting my index finger, I ran the same index finger on the sandpaper and found that it wasn’t as coarse as the first time. I would rate its coarseness at a 3 which led my finger to not react to the paper as much as the first time. So I feel that my senses adapted to the coarseness of the sandpaper. Experiment 2 with Sugar Water and Fresh Water- I took one cup and put two teaspoons of sugar in with fresh water and stirred it. In the second cup I only put fresh water in it. I then took the cup with sugar water in it and took a sip and swished it around in my mouth. I noticed that I could feel my taste buds were stimulating but after a few seconds they became less stimulated. When I had tasted the fresh water and swished it around, I noticed that I tasted a hint of salt. It surprised me because I wasn’t expecting to taste salt beings...
Words: 1451 - Pages: 6
...U2IP: The Benefits of Recycling AIU Online Outline I. Is recycling beneficial? Yes. Recycling is the process of turning products that are considered to be waste into valuable resources. This process will reduce the amount of waste that goes into our land. Recycling will promote environmental awareness and provide more job opportunities. A. Recycling has been around for centuries. In Roman times bronze items were melted down for perpetual use. It wasn’t until the first Earth Day in 1970 that people really started to pay attention. Because of the mass modern era, disposable goods have created the necessity for a greater amount of landfills. In 1980, people in the U.S sent almost 150 million tons of garbage to the landfills each year. Even though recycling diverted 32% of the waste, 68% still ended up in landfills due to electronics being disposed of. Today, we now have ways to recycle those electronics. (DoSomething.org) B. The environmental, political, and economical situations would all benefit from the recycling industry. II. Recycling will help keep the environment safe and clean from dangerous pollutions. A. Landfills are where all our waste goes. Dangerous gases and pollution comes from these landfills and can contaminate our land and natural water sources. B. With less need for landfills there would be more land and less worry for pollution. C. By recycling, we would be able to prevent global warming. III. Raising...
Words: 1001 - Pages: 5
...YOUTH VIOLENCE IN SCHOOL Introduction There is a great amount of youth violence in schools. According to the Division of Violence Prevention fact sheet (2012), youth violence has various behaviors, such as bullying, slapping or hitting. These types of violence behaviors can cause more emotional damage than physical harm. There are a number of reasons why youth become violence. This essay will describe the cause and effects on youth violence in schools. Mental and Behavior Causes Students with disorders such as bi-polar disease or depression find it hard to see anything positive in their lives. When they become ridiculed or turned down by classmates they tend to obsess over their own faults. This can cause them to take their lives or others’ lives that have harmed them. According to Cullen (2012), this was partly the case for one of the Columbine killers, Dylan Klebold. Cullen discusses the other Columbine killer, Eric Harris, as a psychopath who raged in his journals about everything he hated in the world. Students with disorders such as opposite defiant disorder, demonstrate violence and rebellious acts in children and teenagers. These disorders show aggression and destructive behaviors towards authority. External Causes Violence on TV, music, movies and video games are known contributions in the rise of violence in the schools. School violence...
Words: 344 - Pages: 2
...Origins of Vernacular language and how its spread American InterContinental University Jermie M. Brown Today, the Spanish dialect is employed by approximately 332 million speakers, and it is 2nd only also Chinese as probably the most typically talked dialect on the planet. In the Americas, Spanish is probably the most far reaching first dialect, and local Spanish speakers may likewise be found during Europe, the United States, the Pacific Islands, and actually Africa. Spanish is additionally a standout amongst probably the most often talked 2nd dialects, and individuals during the world have learned it because of its helpfulness in specific and expert correspondence. However, Spanish wasn't dependably the predominant setting of correspondence that it's today. Less than 600 years prior, Spanish was simply an area lingo talked in the Castilian locale of Spain. Be that as it can, through years of research, victory, and persuasive modify, the occupants of this little locale determined how to create their dialect from somewhat identified tongue to a global vernacular. Spanish is really an area of the Indo-European group of dialects, which started around 5,000 decades prior functioning at a profit Sea area. As cultivating and the inactive life style it required distribute during Europe and Key Asia, Indo-European repeatedly distribute simultaneously. While speakers of Indo-European transferred during both mainlands, they regularly lost experience of each one of these in turn...
Words: 1296 - Pages: 6
...TO: Michelle Dietrich FROM: XXXX XXXXXX DATE: November 29, 2015 SUBJECT: Target Market Dear Ms. Dietrich, Given the current state of the economy, having a well-defined target market is more important than ever (Porta, 2010). As much as we would like to we cannot afford target everyone. Target marketing will allow us to direct our marketing dollars and create a brand message for our specific market that is more likely to buy from us than other markets. By doing this it will create a more inexpensive, well-organized, and effective way to reach our potential customers and generate business. Another benefit of having a clearly defined target audience is that it would be easier for us how to determine where and how to market our company. Defining our target market will be the most difficult part. Once we realize whom we plan on targeting, it will be easier to determine which media use to reach them and what marketing messages will resonate with them. We can save money and get a better return on investment by when we define our target market. We will save money by sending direct mail to those who fit our criteria instead of send them to everyone in the Zip code. Demographic Characteristics Our target market should include people who share similar demographic characteristics as our current customers. Demographics include items such as age, gender, income level and amount of education (Joseph, n.d.). For example, demographic information may show you that a likely...
Words: 965 - Pages: 4
...Reduction of Juvenile Delinquency in the United States Terry Gatlin AIU Online Abstract In the United States, juveniles involved with the law are treated differently from adults. However, this has not always been the case. In the earlier times, children were thrown into jails with adults. Long prison terms and corporal punishment were common. Some children were even sentenced to death for their crimes. Juvenile Delinquency in America In the United States today Juvenile Delinquency is getting way out of hand, when it comes to harsh crimes being committed by our youth. Today the majority of the states have set an age limit in which determines whether the person who is accused of a serious/non serious crime is treated as an adult or a juvenile. However, most states in the U.S. consider those who are under the age of 18 as juveniles. But some states have set their limits to 16 or 17years of age. Consequently, most of the states if a juvenile is charged with a serious crime, such as murder etc. that child can be sent to a criminal court and could be tried as an adult. The public appears much more aware of juvenile crime today than in the past; this is due in part to more thorough reporting techniques and greater emphasis on publicizing delinquent acts in the media. Official U.S. crime reports in the 1980s showed that about one-fifth of all persons arrested for crimes are under 18 years of age. In the 1970s, juvenile...
Words: 312 - Pages: 2
...Developing a Success Plan Creating an Action Plan I have started working on achieving my academic goals by going back to school. I will start my assignments as they are available and complete them before the due date. Most of my free time is after 8 pm, so that is likely when a bulk of the work will be done. I plan to stay focused by working in a quiet, cool area and stay ahead of the due date not waiting unit the last minute. I’m going to study the reading materials at the beginning and middle of the week in small sections. Once I have completed a few classes I plan to add a second concentration for Health Care Management. I would like to complete my degree with a double concentration to broaden my career options. After I graduate I will look into taking my education even further with a Master’s Degree. Having an education and a career is very important to me. I can only hope to set an example for my children so that they realize the importance of it as well and strive to do even better than me. Identifying and Setting up a Support System My husband is a great support system. He helps me to stay accountable and is always there for me if I need an opinion or help. My parents are also a wonderful support system who are willing to do anything to make sure I accomplish my academic goals and succeed. All three of them constantly ask if I need help with the chores or children so that I can do my coursework and stay on track. My student adviser keeps me on track and accountable...
Words: 569 - Pages: 3
...Grade Received, "A" Abstract This paper will discuss the service strategy of Like Home Medical Care for Children. It will discuss the building, the lighting, the temperature, the colors used, and the types of magazines provided in the waiting room. Like Home Medical Care for Children Vision Statement Like Home Medical Care for Children, a Catholic health center for children will be a leader, a partner, and an advocate in creating innovative health solutions that improves the lives of children so that every child is able to experience the love and healing power of God. Mission Statement It is our mission to spread the healing ministry of Jesus Christ to the children and their families. It is also our mission to continually meet the needs of our patients by giving excellent care exhausting the best skills, education, and immediate execution. Service Strategy Here at Like Home Medical Care for Children, we strive to create a healing environment for our patients, our visitors, and our employees. Being that we are a center for children, our building will be professional, but fun for the children. We will use bright colors on our walls. Colors such as bright blue, green, purple, and pink will be used. Our building will be well lit using natural sunlight from all of our large windows, which will be in the lobby and in the waiting rooms. Outside our building, we have bright flower gardens that bloom year around. We will also have photos on...
Words: 642 - Pages: 3
...Johncodie Hanley IP2 LITR201 Prof. Eric Wright In this assignment I will do compare and contrast on two pieces of literature battle royal and the birthmark . first to discuss the settings of each piece of literature affecting the character starting with the birthmark where it sounds like it place in era in which the people of that time era believe magic and spells could cute diesases and abnormalities of humans . even the scientists of back then believed in it too by using nature .Alymer seemed to be the most respected in alchemy in all of europe when during his young youth he discovered elemental powers gathered by nature that astounded soceities in europe. This being told it is lead to believe that the main character is affect by the era that spells an or magic and cure anything which turns on him and killing his wife. The era of battle royal takes place where slaves were free and they had rights as well but were not treated as such by white people still treating them like they were slaves. This also affects the main character of how he is being treated by the era by still being treated like a slave even thought he is a free man with rights. Battle royal you never learn the name of the main character unlike the birthmark this is because he is a young boy and to make it worse an african american for the time era which was bad unlike the birthmark where the man is well known and middle aged. The words of dying grandfather in battle...
Words: 1021 - Pages: 5
...Project Management Competencies in the Project Oriented Organization In the project-based organization, project management (pm) competences are not only required by individuals, but also by project teams and by organizations. As project management has to be considered as a core competence of the project-based organization (called in this document the project-oriented organization, POO), this competence has to be explicitly developed by the organization. Source: People in Project Management Copyright: Roland Gareis and Martina Huemann Copyright statement This white paper is a chapter taken from a Gower book and provided free of charge to visitors to the website of the National Centre for Project Management. You may download it freely from the website www.cs.mdx.ac.uk/ncpm/about.html. You may also share it with colleagues, either in printed or electronic form (via e-mail), as long as you include this copyright page, each time you do so. Please respect the copyright of the author and do not publish the material in any form (printed or electronic) or circulate the material to any e-mail network. For permission to include this document in a website, intranet or extranet, please visit the Gower website (www.gowerpub.com) and contact our e-marketing manager, Elaine Hill, through the website. Gower Publishing, Gower House, Croft Road, Aldershot, Hants, GU11 3HR, UK. Tel: +44 (0) 1252 331551 e-mail: sales@gowerpublishing.com web: www.gowerpub.com 3 Project management competences...
Words: 3895 - Pages: 16
...Project Management for Business LO1 Project management principles Introduction of project management Project management is a planned and structured effort to achieve an objective or is the process of managing, allocating, and timing available resources to achieve the desired goal of a project in an efficient and expedient manner, for example, creating a new system or constructing a project. Project management is widely recognized as a practical way of ensuring that projects meet objectives and products are delivered on time, within budget and to correct quality specification, while at the same time controlling or maintaining the scope of the project at the correct level. Project management includes developing a project plan, which includes defining and confirming the project goals and objectives, identifying tasks and how goals will be achieved, quantifying the resources needed, and determining budgets and timelines for completion. It also includes managing the implementation of the project plan, along with operating regular 'controls' to ensure that there is accurate and objective information on 'performance' relative to the plan, and the mechanisms to implement recovery actions where necessary. Projects usually follow major phases or stages (with various titles for these), including feasibility, definition, project planning, implementation, evaluation and support/maintenance Principles of project management The Success Principle The main goal of project management...
Words: 7296 - Pages: 30
...this visit here: http://www.activitymode.com/product/cmgt-555-entire-course/ Contact us at: SUPPORT@ACTIVITYMODE.COM CMGT 555 ENTIRE COURSE CMGT 555 Week 1 DQs CMGT 555 Week 2 Feasibility Study CMGT 555 Week 2 - Team Project Plan CMGT 555 Week 2 DQs CMGT 555 Week 3 - Gathering Requirements CMGT 555 Week 3 - Project Plan Update CMGT 555 Week 3 DQs CMGT 555 Week 4 - Individual Paper CMGT 555 Week 4 - Project Plan Update CMGT 555 Week 4 DQs CMGT 555 Week 5 - Individual Paper CMGT 555 Week 5 - Project Plan Update CMGT 555 Week 5 DQs CMGT 555 Week 6 - Team Paper CMGT 555 Week 6 - Team Presentation Activity mode aims to provide quality study notes and tutorials to the students of CMGT 555 ENTIRE COURSE in order to ace their studies. CMGT 555 ENTIRE COURSE To purchase this visit here: http://www.activitymode.com/product/cmgt-555-entire-course/ Contact us at: SUPPORT@ACTIVITYMODE.COM CMGT 555 ENTIRE COURSE CMGT 555 Week 1 DQs CMGT 555 Week 2 Feasibility Study CMGT 555 Week 2 - Team Project Plan CMGT 555 Week 2 DQs CMGT 555 Week 3 - Gathering Requirements CMGT 555 Week 3 - Project Plan Update CMGT 555 Week 3 DQs CMGT 555 Week 4 - Individual Paper CMGT 555 Week 4 - Project Plan Update CMGT 555 Week 4 DQs CMGT 555 Week 5 - Individual Paper CMGT 555 Week 5 - Project Plan Update CMGT 555 Week 5 DQs CMGT 555 Week 6 - Team Paper CMGT 555 Week 6 - Team Presentation Activity mode aims to provide quality study notes and tutorials to the students...
Words: 424 - Pages: 2
...CMGT 410 Entire Course (UOP Course) For more course tutorials visit www.tutorialrank.com CMGT 410 Week 1 DQ 1 (UOP Course) CMGT 410 Week 1 DQ 2 (UOP Course) CMGT 410 Week 2 Team Assignment Project Management Project (Due Week Five) (UOP Course) CMGT 410 Week 2 Individual Assignment Service Request SR-ht-001 (UOP Course) CMGT 410 Week 2 DQ 1 (UOP Course) CMGT 410 Week 2 DQ 2 (UOP Course) CMGT 410 Week 3 Team Assignment Project Management Project (Due Week Five) (UOP Course) CMGT 410 Week 3 Individual Assignment Service Request SR-ht-001 Huffman Benefits update (UOP Course) CMGT 410 Week 3 DQ 1 (UOP Course) CMGT 410 Week 3 DQ 2 (UOP Course) CMGT 410 Week 4 Team Assignment Project Management Project (Mc Bride) (Due Week Five) (UOP Course) CMGT 410 Week 4 Individual Assignment Training Session Project Plan (UOP Course) CMGT 410 Week 4 DQ 1 (UOP Course) CMGT 410 Week 4 DQ 2 (UOP Course) CMGT 410 Week 5 Team Assignment Project Management Plan (Mc Bride) (UOP Course) CMGT 410 Week 5 DQ 1 (UOP Course) CMGT 410 Week 5 DQ 2 (UOP Course) ------------------------------------------------------------------------------------------ CMGT 410 Week 2 Individual Assignment Service Request SR-ht-001 (UOP Course) For more course tutorials visit www.tutorialrank.com The individual project for this course is in the form of a Service Request from Huffman Trucking. Access Service Request: SR-ht-001. Create a Benefits Election System based on your review of the...
Words: 585 - Pages: 3
