Thursday, September 19, 2019

Essay --

Jeff Leone The Colorado River â€Å"Don’t waste that water! Kids in Africa don’t even have water to drink!† Almost every American has heard this saying before. We have heard this because there are water shortages in third world countries like Africa, as seen in the movie â€Å"Blue Gold†. But why have we developed this notion that there are only water shortages in third world countries? When in reality, there is a shortage of water right here in our home country. The Colorado River’s water is high in demand as it serves millions of people, powers industries, and is home to all different kinds of wildlife. The Colorado River will not be able to keep up with the increasing demand of water and soon enough the river will go dry. Organizations like the Colorado River Water Users Association are trying to change the way that the water is used and adjust how it is managed. The Colorado River is drying up and the western states are running out of water, however, public policy is trying to regulate and preserve the Colorado River to make it more sustainable in the future. The Colorado River, which has so many uses and serves so many, is running out of water. The river delivers water and power to nearly 30 million people who live in the basin states. (River Uses) That includes people who live in Colorado, Arizona, Nevada, New Mexico, Utah, California, Wyoming and Mexico. In addition, the river is crucial to the economy because â€Å"throughout the seven basin states, the Colorado River provides water for people and for business and industry - creating jobs for millions, jobs that contribute to local economies and billions of dollars to the nation.† (River Uses) The river is also important as it provides irrigation to about 1.4 million acres of land for fa... ...ld 17.5 million acre-feet (5.7 trillion gallons) of water. However†¦ The river now averages about 14.7 million acre-feet per year† (National geographic) In addition, the water level of the rivers two largest reservoirs, Lake Mead and Lake Powell, have dropped over the past couple of years. (National Geographic) One of the biggest signs that the river is struggling is that it discharges little to no water to the sea for months at a time. (National Geographic) The Colorado River is on a path that will take it to its end. The river is running out of water and cannot keep up with the high demand. New technology and growing industries require more water and more power. Organizations are attempting to solve the problem through public policy but the task may prove too large. Humans have changed the coarse of nature and it is up to us to come together and fight for change.

Wednesday, September 18, 2019

Essay --

Q1: A: According to Marx, historical materialism has been controversial and is a part of the evil that has caused class struggle. Ruling and lower were two classes that were struggling against each other till one finally wins and becomes the new ruling power. Marx and Eagle clearly highlighted the importance of both classes in Communist Manifesto, â€Å"The history of all hitherto existing society is the history of class struggles† (pg. 344). Marx, who began his argument by stating his belief that all humans should be able to live equivalent lives under self-governing rule, and materialism, is a system that stops such equality from being achieved. A great example is that Marx connects the existence of classes through the ownership of private property and the desire to gain more property. According to Marx those who own their own property (bourgeoisie) force others who do not have their own property (Proletariat) to work for them. For Marx, materialism is the desire to accrue more possessions and belongings therefore forms an unequal society and if the society is unequal in nature some people will gain more than others and will be in position of power over others. According to Marx, materialism is a key factor of the class struggle and inequality. b) A: According to Marx, economic exploitation is treating workers unfairly by not paying workers for their actual labor. He also said that workers are exploited in capitalism because they create value of a good; however, workers are not the ones who get the profit that is paid when that value is bought. According to Marx, such systems in which production people are allowed to own the labor power of other people the relation of class is known as slavery. On the other hand, when the rights and... ... other hand, Marx saw bourgeois democracy as a progressive force against the old feudal system. Marx supported democracy in capitalism. He worked for a society in which preliterate would take power and exercise the control over the means of production. c) A: In Marx’s view, class struggle takes a critical form with the development of capitalism. According to Marx two basic classes bourgeoisie, the owners of the means of production and Proletariat, the workers around which other less important classes are grouped, oppose each other in capitalist system. On the other hand, for Mussolini the idea of class system is pointless and for him fascist state is one where a hierarchical society exists. Mussolini assumes that in this universe there is a â€Å"fruitful inequality of mankind†. (pg. 443). Mussolini also believes that fascism is the only way to properly direct citizens.

Tuesday, September 17, 2019

Isabella’s Shut Lips: An Answer to the Duke’s Proposal in Measure for Measure

At the beginning of Act V, one will see Isabella kneeling and pleading in front of the Duke to render her mercy and justice. She asked him to consider and hear her complaints first before judging her in front of the spectators. Angelo insists that she shouldn’t be heard for she has lost her mind. But Isabella persisted that she in a sound mind and should be heard by the Duke. The Duke agreed with Angelo’s assertions and acknowledged to the possibility of Isabella being insane â€Å"By mine honesty,/If she be mad,–as I believe no other,–/Her madness hath the oddest frame of sense,/Such a dependency of thing on thing,/As e'er I heard in madness (Shakespeare 114). † Here we see that he (the duke) already mistrusted Isabella on their first meeting even before Isabella could speak her mind. He favored Angelo’s assertions over her confessions. He trusted Angelo, the man that caused her suffering, over her. The initial reaction of the Duke towards Isabella is not something that a gentleman interested in a certain lady would do. It is an initial display of disregard and apathy towards Isabella’s causes and appeals. He could have believed her in the first instance that she speaks of her sanity instead of prompting her more to prove it to everyone in the crowd. He could have treated her more nicely. However, the Duke decided to hear her cause despite his belief that she is insane. He let her state her affairs and her complaints. She said that she is the sister of poor Claudio which was condemned of a crime. In her desire to save him, he pleaded Angelo to pardon him. However, Angelo abused his superiority and implored her to sacrifice her virginity for the sake of her brother. She agreed to it but still Angelo prosecuted her brother. In this event, the Duke mistrusted Isabella one more time. He asserted that it is impossible for Angelo to do that for â€Å"By heaven, fond wretch, thou knowist not what thou speak'st,/Or else thou art suborn'd against his honour in hateful practise. /First, his integrity/Stands without blemish (Shakespeare 117). † He fervently believed that Angelo is not the kind of person that was described by Isabella. Furthermore, he accused Isabella of dishonesty and implored her to reveal the truth. He accused her of being advised by someone to stain the morality of Angelo â€Å"Confess the truth, and say by whose advice/Thou camest here to complain (Shakespeare 117). † In this case, the Duke showed his favoritism for Angelo by defending his integrity and morality in front of the speactators. He could have scrutinized the pieces of evidence first before judging in favor of Angelo. He could have given Isabella a chance to support her claims and complaints instead of mistrusting and misjudging her right away. Moreover, he asked the guards to send her to prison. Immediately after Isabella aired her complaints, he immediately dismissed them as fallacious and immediately asked her to be sent to prison. He claimed and justified this so as to free the people from her scandals and her influence. He deemed it necessary for her to be taken away from the crowd. â€Å"I know you'ld fain be gone. An officer! /To prison with her! Shall we thus permit/A blasting and a scandalous breath to fall/On him so near us? /This needs must be a practise. /Who knew of Your intent and coming hither? Shakespeare 117). † But while the Duke permitted Isabella to present a witness to support her claims in the name of Friar Lodowick. But even before he agreed to let him testify, he doubted the possibility of a Friar having known the woman and would actually defend and take her away from the misfortune that befallen her. Furthermore, he spoke ill of Isabella by calling her a â€Å"wretched woman†. â€Å"W ords against me? this is a good friar, belike! /And to set on this wretched woman here/Against our substitute! /Let this friar be found (Shakespeare 118). † The last dialogue of the Duke was about thanking everyone for their assistance and guidance in the resolution of the problem that they were confronting. â€Å"Thanks, good friend Escalus, for thy much goodness:/There's more behind that is more gratulate. /Thanks, provost, for thy care and secrecy:/We shill employ thee in a worthier place (Shakespeare 135). † Right after that the Duke then asked Isabella to marry him. Dear Isabel, I have a motion much imports your good; Whereto if you'll a willing ear incline, What's mine is yours and what is yours is mine. So, bring us to our palace; where we'll show What's yet behind, that's meet you all should know (Shakespeare 135) However, Shakespeare eliminated the possibility of the Duke being bluntly rejected by Isabella. I believe Isabella would have rejected the offer of the Duke. First, she is still nursing a broken heart from the death of his brother. Second, she is planned to be in a nunnery and anyone who plans to be a nun doesn’t have marriage in their vocabularies. Third, there is no indication or hint that Isabella was ever interested to neither the Friar nor the Duke. She did not reveal any clue for us to infer that Isabella has fallen in-love to either of those personas. And lastly, the Duke has not treated her well enough for her to feel that his proposal is not an impulsive and therefore sincere. As stated in the arguments above, the Duke’s treatment towards Isabella is not something that deserved a â€Å"yes† from her. He treated her without sympathy and care which every man who wishes to marry a woman should do. The proposal was done in a spur-of-the-moment manner. Aside from treating her severely, the Duke have not in any way showed Isabella that he’s interested in her and that he wanted her to be his wife. His proposal is not something that is to be deemed sincere and genuine. Isabella deserves more.

Monday, September 16, 2019

Become Legendary Essay

The Kobe and Lebron comparison is now probably the biggest and most controversial talk in today’s sports news. Lebron can go to the hoop with authority, while Kobe is a sleek and flashy all around shooter. Although being two of the best players in the world they are very different in the ways they play the game of basketball. Though both Kobe and Lebron went to the NBA straight out of high school, and being two of the league’s best all around players who are lethal threats which must take an extraordinary game plan to defend. With the association and contrast of the two legends, whether it is by trophies or championship titles, or all around stat freaks, these will be main contributing factors in crowning the best. Kobe Bryant is arguably one of the league’s best all around players of all time. He can drive, shoot, and his finish is one of a kind. His defense is shut down and plays with fouls as a defensive mechanism. Not only is he top class on the floor, but on the free throw line as well. Also being one of the league’s most consistent free throw shooters since entering the NBA. Kobe plays the game as if he invented it; he is one of the world’s most respected and popular players. Kobe has five NBA championships and is a twelve time NBA all star. Kobe Bryant age thirty-two is one of the most decorated players in the history of the NBA, and is a future hall -of -famer. Kobe also has had an unheard of eighty-one points in a single game. Kobe’s down side is that he is not consistently aggressive or hard going to the boards (getting rebounds or dunking). With all that said I feel like Kobe Bryant will ever be remembered as one of the elite players to ever play in the NB A. Lebron James aka â€Å"King James† is a one of a kind, straight out of high school player who took on the league with a head full of steam. One of the most athletic and young freaks the NBA has probably ever seen. He has matured from a young kid to a man in a matter of seasons, while adding a different edge to his game every year. Lebron who is seven years younger than Kobe is a seven time NBA all star, but has yet to win a single NBA championship. Coming out of high school Lebron was the first pick out of the first round  out of the NBA draft. Though Lebron the young hot shot he is seems to receive a lot of criticism because of the recent change in location to south beach. Even though Lebron is such an amazing player, the thing that hurts him the most is his shooting at times. Lebron isn’t just a basketball player; he’s a business man as well with endorsements from companies such as Nike and Sprite. Forbes magazine ranked James as the second most influential athletes in the past decade. This new kid on the block has produced points and shows what he can do every night; he puts points on the board and fans in the stands. Both of these iconic athletes are incredibly amazing in all their unique ways, whether on or off the court. Together they have won two gold medals in the Olympics for the United States. They are both the league’s present day top players who decided that college wasn’t for them. Lebron and Kobe were both first round picks in the NBA draft and the number one ranked player coming out of high school. They both are astonishingly efficient in every aspect of the offensive or defensive side of the ball. Blocking shots and playing hard noised defense is what they do best. With a shot and release like no other they are quick scorers and know how to score from anywhere and in any situation on the floor. They both bring more to the game than just skill but as leaders vocally and emotionally on their teams. Not only are they the leaders on their teams, but are the faces for basketball and the NBA everywhere in the world. In my opinion this is not even that close. James has better numbers across almost every statistical category. In clutch situations such as fourth quarter or overtime, less than five minutes left, neither team ahead by more than five points. Bryant actually has a higher field goal percentage and three-point percentage as well as more rebounds and assists per 48 minutes. James is a superior slasher, finisher, and defender as well as being stronger and more athletic. Bryant may have a killer instinct, but James has a mean streak of his own. With his unbelievable three point plays and up tempo offense. When all is said and done, Lebron James may go down as a better NBA basketball player than Kobe Bryant, but who knows, these guys are neck and neck.

Sunday, September 15, 2019

Business Continuity Planning

Though interruptions to business can be due to major natural disasters such as fires, floods, earthquakes and storms; or due to man-made disasters such as wars, terrorist attacks and riots; it is usually the more mundane and less sensational disasters such as power failure, equipment failure, theft and sabotage that are the causes behind disruptions to business.A Business Continuity Plan or â€Å"Continuity of Business Planning (CoB Plan) †¦ defines the process of identification of the applications, customers (internal & external) and locations that a business plans to keep functioning in the occurrence of such disruptive events, as well the failover processes & the length of time for such support. This encompasses hardware, software, facilities, personnel, communication links and applications† (MphasiS, 2003).A Business Continuity Plan is formulated in order to enable the organization to recover from a disaster with the minimum loss of time and business by restoring its critical operations quickly and smoothly. The Business Continuity Plan should be devised in such a way that it involves not only the recovery, resumption and maintenance of only the technology components but also of the entire business. Recovery of only the ICT systems and infrastructure may not always imply the full restoration of business operations.The Business Recovery Planning at XE therefore envisages the consideration of all risks to business operations that may include not only ICT applications and infrastructure but also directly impact on other business processes. After conducting an extensive Business Impact Analysis (BIA), Risk Assessment for XE was carried out by evaluating the assumptions made in BIA under various threat scenarios. Threats were analyzed on the basis of their potential impact to the organization, its customers and the financial market it is associated with.The threats were then prioritized depending on their severity. The following threats were identifi ed for XE: 1. Natural disasters such as floods, fires, storms, earthquakes, extreme weather, etc. 2. Man-made disasters such as terrorist attacks, wars and riots. 3. Routine threats that include: a. Non-availability of critical personnel b. Inaccessibility of critical buildings, facilities or geographic regions c. Malfunctioning of equipment or hardware d. Inaccessibility or corruption of software and data due to various reasons including virus attacks e. Non-availability of support servicesf. Failure of communication links and other essential utilities such as power g. Inability to meet financial liquidity requirements, and h. Unavailability of essential records. Organizing the BCP Team The first and most important step in developing a successful disaster recovery plan is to create management awareness. The top-level management will allocate necessary resources and time required from various areas of the organizations only if they understand, realize and support the value of disast er recovery. The management has to also accord approval for final implementation of the plan.The BCP team therefore has to have a member from the management who can not only provide the inputs from the management but also apprise the management and get its feedback. Besides these, each core or priority area has to be represented by at least one member. Finally, there has to an overall Business Continuity Plan coordinator who is responsible not only for co-ordination but also for all other aspects of BCP implementation such as training, updating, creating awareness, testing, etc. The coordinator usually has his or her own support team.XE’s Business Continuity Planning team would therefore comprise representatives from the management and each of the core or priority areas, and would be held together by the BCP coordinator. Even in the case of outsourcing of the BCP, it is necessary for the management and nominated members from the core or priority areas to be closely associated with each step of the planning process. Crucial Decisions The key decisions to be made in formulating the Business Continuity Plan for XE were associated with the individual steps that were undertaking in making the BCP.The first step of Business Impact Analysis (BIA) involved making a work flow analysis to assess and prioritize all business functions and processes including their interdependencies. At this stage, the potential impact of business disruptions was identified along with all the legal and regulatory requirements for XE’s business functions and processes. Based on these, decisions on allowable downtime and acceptable level of losses were taken. Estimations were made on Recovery Time Objectives (RTOs), Recovery Point Objectives (RPOs) and recovery of the critical path.The second step of Business Continuity Planning comprised of risk assessment during which business processes and the assumptions made in the course of BIA were evaluated using various threat scenario s. The decisions made at this stage included the threat scenarios that were to be adopted, the severity of the threats and finally identification the risks that were to be considered in the BCP based on the assessments made. The next step of Risk Management involved drawing up of the plan of action with respect to the various risks.This was the stage at which the actual Business Continuity Plan was drawn up, formulated and documented. Crucial decisions such as what specific steps whould be taken during a disruption, the training programs that should be organized to train personnel in implementation of the BCP, and the frequency of updating and revisions that would be required were taken at this stage. Finally, in the Risk Monitoring and Testing stage, decisions regarding the suitability and effectiveness of the BCP were taken with reference to the initial objectives of the Business Continuity Plan. Business Rules and System Back-upsMy friend works for the Motor Vehicles department t hat issues driving licenses for private and commercial vehicles. Applicants for any license initially come and deposit a fee. The particulars of the specific applicant along with photograph and biometrics in the form of finger prints are then entered into the database. Thereafter, the applicant undergoes a medical test, the results of which are again entered into the database of the system. If approved in the medical test, the applicant has to appear for an initial theoretical test on driving signs and rules and regulations.If the applicant passes the test, he or she is given a Learner’s License. The applicant then comes back for the practical driving test after a month, and is awarded the driving license if he or she is able to pass the test. New additions are made to the database of the driving license system at every stage of this workflow. Though the tests for the learner’s license and driving license are held three days in a week, an individual can apply any day o f the five working days of the department. People also come for renewal of driving licenses.Driving licenses are usually issued for a period of one to five years depending on the age and physical condition of the applicant. In the case of commercial vehicles, an applicant first has to obtain a trainee driving license and work as an apprentice driver for two years before he or she becomes eligible for a driving license to drive a commercial vehicle. Moreover, a commercial driving license is issued only for a year at time, and the driver has to come back for evaluation and medical tests every year.The number and frequency of transactions are therefore much higher for commercial vehicles. As is evident from the business rules of the department, data is added and modified frequently for a specific applicant during the process of the initial application. Subsequently, data is again added to or the database modified after an interval of one month for the same applicant. Thereafter, fresh data is added to the database or the database modified only after a period of five years when the applicant comes back for renewal.However, there is always the possibility that someone loses or misplaces his or her license and comes back to have a duplicate issued. But when the scenario of multiple applicants who can come in at any day for fresh, duplicate or renewal of licenses is considered, it becomes evident that transactions are not periodic or time bound but are continuous. Transactions can happen any time during working hours resulting in changes to the database of the system. Taking only complete backup of the system would not be the optimal backup solution under the given circumstances.Whatever frequency of complete backup is adopted, the chance of losing data will be very high in the case of database failure or any other disastrous event that results system failure or corruption. Moreover, taking complete backup of the system very frequently would be a laborious and cumber some exercise. The ideal backup method in this case would be incremental backup in which backup is taken of only the data that is added or modified the moment it is added or modified, and a complete backup is taken at a periodic frequency.Under the situation, the Motor Vehicles Department has opted for continuous incremental backup with a complete backup taken at the end of the day. As a Business Continuity Plan measure, the department uses a remote backup mirroring solution that provides host-based, real-time continuous replication to a disaster recovery site far away from their servers over standard IP networks. This mirroring process uses continuous, asynchronous, byte-level replication and captures the changes as they occur. It copies only changed bytes, therefore reducing network use, enabling quicker replication and reducing latency to a great extent.This remote mirroring solution integrates with the existing backup solutions, and can replicate data to perform remote backups a nd can take snapshots at any time without having any impact on the performance of the production severs. It replicates over the available IP network, both in LAN and WAN, and has been deployed without any additional cost. This remote mirroring solution accords the department the maximum possible safeguard against data loss from failures and other disasters. Database Processing Efficiency versus Database Storage EfficiencyThough storage costs as such has decreased dramatically over the years, the controversy between database processing efficiency and database storage efficiency continues to be an issue because the overall performance of a systems is affected by the way data is stored and processed. In other words, even though the volume of storage space available may no longer be a constraint financially and physically, the way this space is utilized has an impact on the database processing efficiency which in turns affects the overall performance of the application or the system.Und er the present circumstances, though it is possible to compromise on the side of database storage efficiency to derive greater database performance efficiency and thus improve the overall performance of the system, achieving optimization of the overall performance of a system requires striking a fine balance between database processing and database storage efficiency. There can be many tradeoffs between data processing speed and the efficient use of storage space for optimal performance of a system. There is no set rule on which tradeoffs to adopt, and differs according to the practical data creation, modification and flow of the system.Certain broad guidelines can however be followed in order to increase the overall utility of the database management system. Examples of such guidelines are to be found in the case of derived fields, denormalization, primary key and indexing overheads, reloading of database and query optimization. Derived fields Derived field are the fields in which data is obtained after the manipulation or operation of two or more original fields or data. The issue at stake is whether the data should be stored only in the original form or as the processed data in derived field also.When the data is stored only in the original form, the derived field is calculated as and when required. It is obvious that storing derived data will require greater storage space but the processing time will be comparatively less i. e. storage efficiency will be low whereas processing efficiency becomes higher. However, the decision on whether to store derived fields or not depend on other considerations such as how often the calculated data is likely to change, and how often the calculated data will be required or used. An example will make will serve to make matters more clear.A university student’s grade point standing is a perfect example of the derived field. For a specific class, a student’s grade point is obtained by multiplying the points cor responding to the grade of the student by the number of credit hours associated with the course. The points or the grade and the number of credit hours are therefore the original data, by multiplying which we get the grade point or the derived field. The decision on whether to store the derived field or not, will in this case depend on how often the grade point of a student is likely to change, and how often the student’s grade points are actually required.The grades of a student who has already graduated is unlikely to undergo nay more changes, whereas the grades of a student still studying in the university will change at regular frequency. In such a case, storing the grade points of an undergraduate would be more meaningful than storing the grade points of a student who has already graduated. Again if the undergraduate’s grades are reported only once a term, then it may not be worth it to store grade points as derived fields. The significance of the matter is realiz ed when we consider a database of thousand of students.The tradeoff in this case is between storing the grade points as derived fields and gaining on database processing efficiency and losing out on database storage efficiency on one hand; and not storing the derived fields and gaining on storage efficiency but losing out processing efficiency on the other. Denormalization Denormalization is a process by which the number of records in a fully normalized database can be considerably reduced even while adhering to the rule of the First Normal Form that states that the intersection of any row with any column should result in a single data value.The process of cutting down multiple records into a single record is applicable only in certain specific cases in which the number and frequency of transaction is known. Normalization of a database is required to maintain the accuracy and integrity of the data which in turn leads to validity of the reports generated by the system and the reliabi lity of the of the decisions based on the system. Denormalization, if done randomly can upset the balance of the database while economizing on storage space. The dilemma of Indexing Unplanned use of primary key has a telling negative affect on the database storage efficiency.Many database systems resort to setting index on a field. When a field is index, the system sets a pointer to that particular field. The pointer helps in processing the data much faster. However, indexing fields also results in the system storing and maintaining data but also information or data about the storage. The question therefore again boils down to deciding on whether to achieve higher processing efficiency by compromising storage efficiency or to enable higher storage capabilities at the cost of processing efficiency.Sorting the data periodically is one way of overcoming the dilemma of indexing. However, sorting itself is highly taxing on the resources of a system. Moreover, in large organizations with millions of data, a sort may take even up to hours during which all computer operations remain suspended. Other factors Storage efficiency and processing efficiency are also interdependent in other ways. The deletion of data without reloading the database from time to time may result in the deleted data actually not being removed from the database.The data is simply hidden by setting a flag variable or marker. This results not only in low storage efficiency but also in low processing efficiency. Reloading a database removes the deleted data permanently from the database and leads to smaller amount of data and a more efficient use if resources thereby boosting processing efficiency. Similarly, haphazard coding structures can impact negatively both on the storage efficiency and the processing efficiency of a database. Completely ignoring storage efficiency while prioritizing processing efficiency, can never lead to database optimization.Conversely, optimization can also never be achie ved by an over emphasis on storage efficiency. The objective is to strike the right balance. The interrelationships between database storage efficiency and database processing efficiency therefore keep the controversy between the two alive in spite of a dramatic decrease in storage costs over the years. References -01 MphasiS Corporation, 2003, MphasiS Disaster Recovery/Business Continuity Plan, [Online] Available. http://www. mphasis. com [June 27, 2008]

Saturday, September 14, 2019

Analysis of Managerial Decisions: Medford University

In an attempt to find a solution for reducing these costs, the management could have approached the Human Resources department to analyze the issue on hand and provide a revised plan for the employees' fringe benefits. Instead the management has taken a decision to create a task force to analyze the financial crises in hand and come up with a solution to help reduce the fringe benefits costs to the university. Medford University, a prestigious research university, with over 10,000 students and over 12,000 employees, is faced with a significant financial crisis Brinkley, Smith, & Zimmerman, 2009).University management has cornered the huge costs burdened by the university on the fringe benefits to the employees. This contributes to over $1 00 million annually (Brinkley, Smith, & Zimmerman, 2009). Not to mention the retirement benefits promised to the retiring employees. The university, however, off late have been faced with serious financial crises. The fringe benefits costs have been contributing to the major expense faced by the university. The management is hence faced with an immediate action plan to tackle these financial crises to salvage the true of the university and its employees.Now the solution depends widely in changing the current fringe benefits plan and for this the management could approach the human resources department to find a new plan to reduce costs and also keep the employees satisfied. Instead the president employs a special task force headed by the hospital chief administrator to find a solution to these crises. 1) President Shipyard's decision to approach the problem over the fringe benefits by assigning a task force to analyze the issue is a very different approach rather than just going to the human sources department to draft a plan to tackle the same (Brinkley, Smith, & Zimmerman, 2009).The main focus of this task force was to reduce expenditure and develop a new fringe benefit package for the employees of the university. He also ob served caution as the values of the faculty and staff of the university should not be affecting in any way by the introduction of this task force and their analysis. His seriousness in the success Of this task force was evident when a top administrator was employed to lead the task force. The vice provost and many other experienced members were also pointed to the task force to guarantee a very effective team.On the other hand, if the president had simply directed the issue to the human resources department to come up with a plan, it would have resulted in yet another revised benefits package, with cause or concern about it being directed towards the well off, wealthy, and might have even had questions raised against favoritism towards certain faculty and staff members. 2) The president must give access to all the university financial to the task force. The focus of the task force is not just to find a solution to reduce expenses UT also to seek the best possible solution for the em ployees as well.The ideas and perceptions of each of the task force members should be directed to this purpose. It is the responsibility of the president to make sure the individual concerns of each of the member is considered in discussion and every decision made. The primary focus however would be the financial of the university. 3) The chief administrators appointment to lead the task force by the President was a decision made in considering the experience and knowledge he would bring on the federal laws, state laws and the insurance hat contribute to the cost of education (Brinkley, Smith, & Zimmerman, 2009).Every member of the task force is bound to bring in various personal opinions and perceptions to the issue at hand and hence as the lead administrator, he would have to take into consideration and lead the team in the right direction. Hence the chief administrator is the most able person to help guide the committee and keep them on track in attaining the desired result. This will ensure there is a broader perspective on the problem, diverse opinion and a solution is amicably found. This allows the committee to focus on rater detail the data presented so there is an even evaluation by each individual and, as a group. ) The purpose of the committee is to find the best possible solution to tackle the financial crises faced by the university. However, it is not something that is guaranteed to be accepted by the President. The president will consider the report of the committee as the solution to the financial crises but the president does have the power to override, make suggestions or modify the solution as he see fits. It was wise to appoint her assistants as the vice provosts, to the task force to ensure that he president had easy access to information and minutes of the meetings.While the Intent is to lower the cost of fringe benefits, the president does not want to change the quality of the faculty and staff. However, the university's financial status shows that it cannot continue a costly fringe benefits plan and therefore she would be willing to offer concession to the staff of Medford University. One way to do this is to continue to be open any ideas after the study. Even after any recommendations, there may be need to modify or change any suggestions after careful study. In the end the President wants to be sure that staff and faculty are fairly and legally compensated. ) An assistant of the President was appointed as the secretary of the task force. This gives the president an inside access into the committee and its progress. It also keeps the president informed and also keep track on the individual contributions to the committee and also the to see how unified the team is in their decision making. This also would help the president in developing counter proposals and also suggestions to what the task force recommends. Conclusion As per my opinion, in regards to the Medford University study , the purpose of the task force is to provide recommendations from the faculty, staff, and student body.The chair and its members represent a sampling of the faculty, staff and students which can act as voice for their well-being. The diverse task force members will also be better able to gage support in the cost cutting measures where necessary in order for the school to maintain the level of education it is currently providing and that it keeps its top notch educators. References Brinkley, J. A. , Smith, C. W. , & Zimmerman, J. L. (2009). Managerial economics and organizational architecture. Chicago: Irwin.

Friday, September 13, 2019

Financial Management Analysis of Toyota and General Motors Research Paper

Financial Management Analysis of Toyota and General Motors - Research Paper Example In this regard, it will be worth mentioning that the success or failure of any business unit can be largely depicted from the facts presented in the financial reports of the companies. This approach is often regarded as financial management analysis of any business, depicting its current business positioning. Contextually, the role of conducting financial management analysis is deemed to be quite effective in this modern day business. The effectiveness of the performance of any business can mainly be determined through a comprehensive analysis of varied financial reports comprising capital management, income statement, balance sheet and statement of funds (Nieuwenhuizen, 2007). With this concern, the research paper intends to conduct an effective analysis of financial management, which compares and contrasts two particular companies namely Toyota Motor Corporation and General Motors Company (GM). The analysis will mainly address analyzing the financial data of previous three years of both the companies in terms of capital management, balance sheet, income statement and statement of funds. Both Toyota and GM are recognized as the leading market players operating in the automobile sector for numerous years. These companies have been able to attain superior competitive position in terms of delivering quality products and/or services to their respective customers worldwide. Evidently, Toyota is a Japanese based automobile manufacturer, which enraged its customer base through offering quality products to them. The company is also widely recognized for its adoption of lean manufacturing approach along with the practice of Total Quality Management (TQM). These aspects further ensure that the company could be able to deliver quality products to the customers with utmost consistency, thereby gaining maximum profitability. Specially mentioning, Toyota became much renowned in applying effective corporate