Laura Martin Real Options and Cable Industry free essay sample

Advanced Corporate Finance and Modeling – FINA0065-1 Assignment #1 – Laura Martin: Real Options and the Cable Industry 1. Consider the multiples analysis developed in Exhibits 2,5 6 Please describe the method of ‘Multiples’ using case numbers and answer to the following questions: 1. 1. What assumptions does this analysis rely upon? 1. 2. How is Martin’s regression analysis different from/similar to traditional multiples analysis? 1. 3. Do you agree with her interpretation of the regression analysis? 2. Consider the DCF analysis presented in Exhibit 7 Please describe the method of â€Å"Discounted Cash Flows† using case numbers and answer to the following questions: 2. 1. How reasonable are Martin’s forecasts for EBITDA and her assumptions about the asset intensity of the business? 2. 2. How plausible is Martin’s terminal value multiple? 2. 3. What are the tradeoffs in using multiples versus the DCF analysis? 3. Real options Please describe the method of â€Å"Real options† using case numbers and answer to the following questions: 3. 1. What is the analogy Martin is trying to draw with options? What is the â€Å"stealth tier†? What is the unit of analysis? In what way is the stealth tier like a call option? What is the underlying asset price? Strike price? Volatility? 3. We will write a custom essay sample on Laura Martin Real Options and Cable Industry or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 2. Why is Martin pushing real options valuation as an alternative to DCF analysis? In what ways might the â€Å"stealth† tier be incorporated into the DCF analysis and multiples analysis? 3. 3. How good an analogy is the â€Å"stealth tier† to a real option? Where does the analogy work? Where doesn’t it work? 4. The role of equity analysts in Capital Markets Please describe the role of equity analysts in Capital Markets.

Information Storage and Retrieval Essays

Information Storage and Retrieval Essays Information Storage and Retrieval Essay Information Storage and Retrieval Essay Introduction Information retrieval is a science related to documents and information searching. Information retrieval deals with the storage and representation of knowledge and the retrieval of information relevant to a specific user problem (Mandhl, 2007). Information retrieval technology mostly used in universities and public library to help students or information users to access to books, journals and other information resources that they needed. It also applies at organizations which having large collection of documents or information. In â€Å"The Seven Ages of Information Retrieval† article written by Michael Lesk, mentions the idea of information retrieval starting popular in year 1945. However, the use of information retrieval was started in 1880, where Herman Hollerith invents the recording of data on a machine readable medium (Wikipedia). This article has made good contribution to the field by describing the history of the IR systems from 1945 to 1996 with abundant information on the various technologies developed, IR systems built, and how they affected the research in IR. Based on his article, I observed and learned three important elements of information retrieval. Elements Observed and Learned from the Article 1. Effectiveness of Information Retrieval System One of the important things when developing a system is how it can help to human managing the tasks effectively. Technology provides a tool used to help information users to search for information or documents. The general objective of an Information Retrieval System is to minimize the overhead of a user locating needed information (Kowalski Maybury, 2000). Overhead can be expressed as a processed that users need to go through to seek the information. Even the success of systems is subjective; in my opinion the important element of information retrieval system is the accuracy of information provided to information seekers. Precision can be defined as a fraction of the documents retrieved that are relevant to the users information need (Wikipedia). In this article, we can found many researches were done to enhanced accuracy for information retrieval. One of it is a research by Cyril Cleverdon from Cranfield College of Aeronautics (now Cranfield Institute of Technology) has develop the athematics of `recall (fraction of relevant documents retrieved) and `precision (fraction of retrieved documents that are relevant) to measures the precision of information retrieval systems in 1960s. He found that if an information retrieval system simply retrieves more documents, it is likely to increase recall (with more retrieved documents, a larger fra ction of the relevant ones are likely to appear) but to decrease precision (there are more chances to get more not relevant documents). 2. Flexibility of Information Retrieval System When dealing with information retrieval one of the important things is the flexibility to search the information. Information seekers may not know what exactly that they looking for. Hence a flexible information retrieval system can help them to overcome this problem. In 1970s, a group of Artificial Intelligent (AI) experts from Yale come out with programs to mapped information into standard patterns. This program allows phrase of word mapped into keywords. For example, the word â€Å"apple† can be mapped to the company Apple, the fruit apple, and the tree apple. As another example, the phrase â€Å"Harry Potter† can represent a movie, a book, a character, a game, etc. AI researcher group constructed such schemas for a number of common activities, e. g. ordering in restaurants, and then took natural language descriptions of these activities, picked out the information that appeared to fit slots in the frames, and thus constructed a semi-formal representation of the information. They could then take queries about such subjects, e. g. vehicle accidents on the United Press newswire, and retrieve actual answers. These programs ran on a restricted set of examples, and produced much argument about whether they were in the end going to develop into practical retrieval systems. This flexibility can help information seekers to broader their finding while searching for information. Another criterion of information retrieval searching flexibility which was mentioned in this article is the free-text search option. Full text search refers to a technique for searching a computer-stored document or database. In a full text search, the search engine examines all of the words in every stored document as it tries to match search words supplied by the user (Wikipedia). The good example of free text search in information retrieval is a web search engines. One of the search engines using full text search technique is AltaVista. Even the free text provide flexibility to do searching, the results are not good as controlled vocabulary searching. 3. Copyright Issue in Digital Storage In digital era, mostly all types of information are available in digital format. In today world, we can purchase book online, purchase an e-book, journal or article from internet, and reading news paper/magazine online. It was noted that online publish won’t pose a problem for academic publishing, but will do for commercial. The most obvious problems relate to digital information is some potential problems such as illegal copying (pirating in today’s terms) and copyright law. This problem destroyed the computer games industry in the late 1970s, and is extremely serious for the software industry right now in many countries including Malaysia. Lately, many researchers done a study to review current copyright and related laws and their impact on digital preservation, as well as to make recommendations to help libraries, archives and other preservation institutions sustain digital works. Analysis of Information Retrieval Transformation The transformation of information retrieval parallels such a life. This article uses Shakespeare’s concept of seven ages of man to describe/predict the evolution of Information Retrieval from 1945 to 2010. In my opinion, technologies play an important role in the transformation and development of information retrieval. Started in childhood era in 1950s, the first systems of information retrieval were built based on technology available on that era, such as the use of overlapping codes on edge-notched cards by Calvin Mooers. In schoolboy era starting from 1960s, the first large scale information systems were built. NASA researchers introduce a mechanical machine for searching of manual indexing. This machine helps to facilitate search of indexing documents rather than manually searching which take longer time. Throughout this period, there was relatively little actual computerized retrieval going on. Computers can search indexes must better than human, which demanded more detailed indexing. During 1970s, the development of computer and word processing technology improving the way information retrieval works because lots of text was available in machine-readable form. Another key technology during 1970s is the availability of time sharing system which make retrieval system more practical especially to librarian. In 1980s, the widespread use of CD-ROM was a key technology change, which fit well with traditional information publishing economics and developed into a real threat to the online systems. Computer networking technology also develops in this decade and as a result there was an enormous increase in the number of databases available online. Lastly, the internet technology revolution in 1990s also helps to improve the way people retrieving information. In other hand, internet revolution also cause information overload problem. We can see most people sharing their information to internet but admittedly much of the information available in internet is low in term of quality because no authority responsible to evaluate the published information. From the facts above, it shows that the technology have influences to the transformation of information retrieval. REFERENCE Kowalski, G. and Maybury, M. T. Information storage and retrieval systems: theory and implementation. Kluwer Academic Publishers, 2000. Mandhl, T. (2007). â€Å"Recent Developments in the Evaluation of Information Retrieval Systems: Moving Towards Diversity and Practical Relevance†, Informatica, pp. 27-38. Wikipedia (2011). â€Å"Information retrieval†, Retrieve from http://en. wikipedia. org/wiki/Information_retrieval

#2 Religion Reflection Assignment on a reading by Scarboro and Luck Essay

#2 Religion Reflection Assignment on a reading by Scarboro and Luck called The Goddess and Power (Reading material is uploaded) - Essay Example While thinking about the first question the researcher discovered that the exposition of the paper makes a reader indulge into reflective mode since the reader is compelled to question what the real objective of the authors could be in writing this paper. It appears as if the author would discuss the emergence of religious diversity in order to show the accommodative, liberal and diverse nature of the American religious arena. However, the terms â€Å"religious plethora† â€Å"pagan ceremonies† and â€Å"radical† (Scarboro and Luck, 69) used in the second paragraph bear negative connotation for beliefs like Wicca and Witchcraft and seem to belittle the value of these beliefs in the very onset. This implies that the authors consider all such religious practices somewhat alien to the mainstream America belief systems. The research questions brought forward by the authors – â€Å"What is the appeal of witchcraft to contemporary Americans?† and â€Å" What does Wicca offer to the wider American religious tradition?† (69) – also implicate alienation, separation and distancing of these religious beliefs form the authors’ own beliefs. The wording and terminology used here could look more convincing if the authors had used more neutral language. The discussion also implies that the attributes of Wicca religion and the Witches’ attack on Christian beliefs make the readers assume that Wicca Witches are insolently bold and believe in personal and communal freedom. The words like â€Å"distant, stern, judging, vengeful [....] standing over against the human† (71) used by the Witches for the Christian God implicate that the Witches believe in a belief system which does not have any threat of judgement or punishment. Likewise, the gender inclusive nature of divinity in Wicca culture also sounds striking and imply that the practitioners of this religion believe in human rights and, more specifically speaking, women rights. The male

Fibres Essay Example | Topics and Well Written Essays - 500 words

Fibres - Essay Example The preparation of the SSD using the 20 and 10 mm aggregates followed the standards set in Clause 8 of ASTM C127-15. The fine aggregates are also in the SSD in accordance with Clause 8. The water reabsorption rates for the fine aggregates have been calculated with reference to the ASTM C128-15. The water absorption and bulk density of the coarse aggregates were measured and calculated in accordance with the ASTM C29 procedures. The water-cement ratio used in the preparation of all specimens was fixed. Using the same ratio reduces the impact of other variables to the specimens’ residual strength. The super plasticiser should be used when fixing the water cement ratio. In this experiment, the super plasticiser was a high range water-reducing retarding admixture. The use of the plasticiser was to improve the workability of concrete when fixing the water-cement ratio for all mixes. The admixture, MasterRheobuild 1000NT, was a product of the BASF Chemical Company. The type A and F MasterRheobuild admixtures meet the requirements outlined in the ASTM C494 (BASF 2015). The RAD6535HW hooked end hard-drawn wire steel used in the experiment is a product of RADMIX. The steel used in the experiment had a hooked end glued with fibre. The steel fibre has a diameter of 0.5mm and a length of 35mm while the tensile strength is more than 1300 MPa. Its aspect ratio is 70. It has a chemical composition C-Max 0.1%, Mn-Max 0.5%, S-Max 0.05%, P-Max 0.04%, and Si-Max 0.1% (RADMIX 2015). The experiment consumed a total of 22.3kg of steel fibre. The synthetic fibre used in the experiment is Synmix. It is a fibre for concrete that is used for meeting serviceability requirements such as rotations and deflections. It is also more suitable for creep and crack widths than it would be when used in mines as a temporary ground

Breast Cancer Essay Example | Topics and Well Written Essays - 2000 words

Breast Cancer - Essay Example Like all the cancerous growth, early stage breast cancer also does not produce any clinical manifestations to get it noticed early. Therefore, recommended check up guidelines should be followed regularly with alertness before major clinical manifestations are observed. Early stage diagnosis of breast cancer and its treatment, may actually cure the cancer. The different treatment alternatives for breast cancer include surgery, radiation therapy, hormonal therapy, and/or chemotherapy. Proactive preventive measures of cancer are related to reducing potential causes of breast cancer. Aromatase inhibitors are used to prevent recurrence in early-stage breast cancer and are under clinical trials as prevention measures in high-risk postmenopausal women. breast. In breast cancer, normal cells grow abnormally and give rise to transformed cells which eventually spreads in the body. These evade on healthy cells, tissues and organs by depriving them of essential nutrients and space. It is the second most leading cause of cancer mortality in US. National Cancer Institute has estimated that in the US, 0.5% women will develop breast cancer by the age of 50 and it may rise to10% by the age of 80 (Paddock). In 2007, it was estimated that 178,480 new females with invasive breast cancer will be diagnosed in addition to 62,030 cases of in situ breast cancer (Breast Cancer Facts & Figures 2007-2008, p.2). The breast cancer related deaths equal to 40,460 women was predicted in 2007. American Cancer Society has reported that breast cancer related deaths are declining due to increased awareness among the population. This decline could be directly attributed to more number of women undergoing screening test like mammography. This makes early diagnos is possible and early treatment leads to better clinical outcome in terms of improved survival rates. Still women between the ages of 45 and 55 are predisposed to breast cancer related

Contextualising Our Countrys Good Essay Example for Free

Contextualising Our Countrys Good Essay The historical context of this play is most key, in that the play its self is based on the past. In mid seventeenth century there was a fear within the middle and upper classes of the raising crime rate, largely due to an increasing population and high unemployment figures. The chosen solution to this problem was the transportation of convicts to Australia, where they could be used as slaves to build a naval outpost. The writer Timberlake Wertenbaker was born in the United States, and also lived in France. Shortly after moving to London she became a play write, and is said to have produced her best work, including Our Countrys Good, during the 1980s. She wrote the play after she had read up on the history of the transportation of convicts from England to Australia. To do so she used resources such as the novel The Playmaker by Thomas Keneally, and journals of marines sent to Australia. Through these journals she could get a useful insight into what life for convict was really like. She could learn of the marines frustration that they had been sent to do just a job, in such a place, and the way in which they took out these frustrations on the convicts. Her knowledge of such wrong doings comes through very clearly in the text in scenes, and also through characters such as Sergeant Robbie Ross. Through these marines journals historians were also able to discover that in 1789 several convicts, and one officer put on a play for the whole colony. Through this they were able to teach themselves and their observers of compassion, co-operation and creativity. This is the key story in Our Countrys Good. In keeping with this realistic approach Timberlake Wertenbaker based her characters on real convicts of the first ship to Australia. From what little we know of the characters and their lives after Australia we can see Timberlakes influence for their personalities and traits which we can recognise: Timberlakes key character, Ralph Clark, was a real person. The journal he talks of in the play is a genuine historical item on which his character is based. After his time in Australia he is moved to a new post, and makes sure Mary Brenham, another key character in the play whom he falls in love with, is also transferred. Form this we can see parallels between life and the play in his apparent devotion for Mary that we as audience grow to love. The character Liz Morden is based on a convict called Nancy Turner. She lived to be pardoned and had a large family with a rich thief. This may be the life we would expect for Liz. Through the play she has restored her faith in humanity and has the confidence and love to build a family, but at the same time she will not turn on her own kind and chooses a thief as a lover. John Wisehammer began farming and became a respectable merchant. Just as we would expect of his character who always claimed to be innocent. John Freeman was exempted from hanging, just as his character had always waned. In the play we learn of his hate for the job. Dabby Bryant did escape, as we knew her character in the play would, she eventually ended up back home in Devon. From the above we can see to what extent Wertenbaker was true to the real story of the convicts in Australia. There is also a strong cultural significance to the play. It was written in 1988 for the Royal Court Theatre in London. It came at the end of an extremist period, Thatherite Britain, in which an us and them attitude was strong. And the fact that it was a strong capitalist party in power was evident. One of Thatchers most famous comments was there is no such thing as society, just individuals and their families. Wertenbaker was making a stand against such attitudes and showing we should take the time to think about each other and grow as people in community which can be formed, as the convicts show, in any group of people, however they are originally regarded. Wertenbaker used the play to portray a message that like sending the convokes away, or punishing them with floggings, Michael Howards short sharp shock tactics of the time would not work, but the key was reform, and giving the prisoners something more, by believing they could be more. The play was revived in 1997, as New Labour was coming into power. One of Labours visions is that people can change, its within them. Just as Phillip and Ralph believed the convicts could, and just as Liz Morden proved was true, as both her and Mary found themselves in different ways through the play. There are parallels present between this aspect of the play, and schemes for young offenders today. Young people use art such as graffiti to find themselves through something positive, constructive, enjoyable and rewarding, in much the same way the convicts used The Recruiting Officer. In reviving the play it became recognised again and The Recruiting Officer has been performed in prisons quite recently, as have other plays with the intention of doing what Ralph did for the convicts in Our Countrys Good, restoring their faith in humanity and humanitys faith in them.

George Orwells Animal Farm Essay -- George Orwell Animal Farm Essays

George Orwell's Animal Farm George Orwell wrote ‘Animal Farm’ as an allegory, which is a simple story, with a more complicated idea running alongside it. In this case, it is a story about a group of pigs taking over a farm, and the story of the Russian Revolution is told underneath it. The main characters of the revolution are portrayed in the book as follows: Mr Jones is Czar Nicholas II, the last Russian leader before the revolution; Old Major is Karl Marx, the person who influenced the people into revolting and the idea of communism; Snowball is Trotsky, one of the early leaders of the revolution; Napoleon is Stalin, a cruel, selfish, and corrupt leader; and Boxer and Clover represent the proletariat, or the ‘common’ working class people. At the beginning of the book, Boxer is introduced as ‘an enormous beast’, who is ‘not of first rate intelligence’, and we are also told that he is universally respected. He has a kind, gentle, caring character that others feel safe around ‘Last of all came the cat, who looked around, as usual, for the warmest place, and finally squeezed herself in between Boxer and Clover.’ Boxer and Clover are used by Orwell to represent the proletariat, or the working class, in Russian society. This lower class is naturally drawn to Stalin (represented by Napoleon) because it seems as though they will benefit most from his new system. Since Boxer and the other low animals are not accustomed to the "good life," they can't really compare Napoleon's government to the life they had before under Jones. The proletariat are also quite good at convincing each other that communism is a good idea, ‘they absorbed everything that they were told, and passed it on to the others’. Boxer... ...nd of the book shows how the leaders of the Russian Revolution turned out to be just as bad, if not worse than the czars, ‘The creatures outside looked from pig to man, and from man to pig, and from pig to man again: but already it was impossible to say which was which.’ George Orwell put Boxer in the story and killed him to show that all his hard work, like the proletariats in the Russian Revolution, was for nothing and that, in the end, it would always go back to the way it was at the beginning. This is something that Benjamin knew all the way through, and after the animals have forgotten Jones and their past lives, ‘Only old Benjamin professed to remember every detail of his long life and to know that things never had been, nor ever could be much better or much worse; hunger, hardship, and disappointment being, so he said, the unalterable law of life.’

Morrison and the Adventures of Huckleberry Finn Essay

In Toni Morrison’s essay about The Adventures of Huckleberry Finn, she discusses the racial problems and the use of the word â€Å"nigger† in the book. Morrison talks about the word embarrasses, bored, and annoyed her, but that â€Å"name calling is a plague of childhood†. She also talks about how there is a fatherhood issue throughout the book. She talks about how Huck can’t settle down anywhere. He is almost afraid to be alone because simple things seem to frighten him. But then when Jim and Huck are together all those feelings of being afraid and lonesome aren’t there as much. She kind of refers to Jim as a kind of father/ older brother figure to Huck. Morrison says, â€Å"What does Huck need to live without terror, melancholy, and suicidal thoughts? The answer of course, is Jim†(387-388). Morrison plainly says that Jim is that person in Huck’s life that takes away all those feelings and fears. But the problem is both Huck and Jim know that they will soon have to separate from each other because of their white/black childhood friendship. Morrison also says, â€Å"Huck’s desire for a father who is adviser and trustworthy companion is universal, but he also needs something more: a father whom, unlike his own, he can control†(390). Jim is the perfect person to fill the father position for Huck, because Huck can control him and begin to feel responsible for him. But also, Jim is a â€Å"father-for-free† which means they don’t have a life long debt that is owed to them like real fathers. Huck and Jim’s friendship is rare for that time period because blacks where slaves to whites. Look more:  satire in huck finn essay However, even though they are two different races in a time where it is socially wrong for them to be friends, Huck is willing to take a chance on this friendship. It also shows that Huck has an open mind to all possibilities, even its being friends with a person of another race. â€Å"It was fifteen minutes before I could work myself up to go and humble myself to a nigger; but I done it, and I warn’t ever sorry for it afterwards, neither. I didn’t do him no more mean tricks, and I wouldn’t done that one if I’d a knowed it would make him feel that way† (95). This quote is another example of racism in the book, however, no matter what color Jim may be Huck knows that what he did to Jim was wrong. He struggled with apologizing to Jim because of the way society is and his upbringing. But he overcomes his upbringing and the ways of society and apologizes to Jim because they are friends and he sincerely feels bad for what he has done to him. To Huck, Jim is his best friend and a â€Å"father† figure, which makes the bond between them that much tighter and closer to each other. Like in Morrison’s essay, she talks about how Huck hates being alone so much that he is almost suicidal, but when he is with Jim his loneliness isn’t a scary knowing that he isn’t alone. Huck feels less afraid and more comfortable with Jim around because he knows that Jim is a â€Å"father† figure. â€Å"Pap he hadn’t been seen for more than a year, and that was comfortable for me; I didn’t want to see him no more. He used to always whale me when he was sober and could get his hands on me; though I used to take to the woods most of the time when he was around† (24). This quote shows how Huck felt towards his father and how he was afraid of his father. I agree with Morrison’s essay where she talks about how Huck has father issues. In this one quote, Huck talks about how he didn’t care that he hadn’t seen his father in a while and how he didn’t want to see him anymore anyways. He talks about how his father use to beat him and that he would run and hide in the woods when ever his father was around. Huck spent most of his time running away and hiding from his dad, because he was afraid his dad would come get him and beat him. I do agree with Morrison that Huck doesn’t want to admit that he and Jim are going to have to one day go their separate ways. Huck makes up reasons of why they don’t land in Cairo just so he and Jim can stay together. But in Morrison’s essay she questions whether Huck will be able to make it without Jim when he goes into new â€Å"territory† and goes on adventures without him. I do believe Huck can do it without Jim. One, because he now knows that his father is dead and won’t be coming after him. Two, because he has learned a lot from being on his own even though Jim was with him. He still had a big responsibility for both himself and Jim and making sure they made it through all of their adventures. I think that Huck has grown as a boy and matured more than most boys his age, because he is living on his own and not only having to look after himself, but also Jim. Morrison said, â€Å"Name calling is a plague of childhood and a learned activity ripe for discussion as soon as it surfaces† (386). I fully agree with Morrison on this point. Growing up you tend to follow what others do, whether it be your family upbringing or friends that have been brought up different than you. When you are a kid, if your friend calls some one a name normally other kids will join in just because that is the way children and even adults today work. No one wants to feel like the outcast so one person who starts name calling can eventually turn into a whole group of kids/adults, its like what Morrison calls it, â€Å"a plague†. However, a child’s upbringing has a lot to do with how a child reacts to name calling. Back in that time period, it was like name calling and feuds where a normal part of the daily life. Family’s that had had feuds going on for generations would keep it going by convincing the next generation that that other family was no good and so then the feud would continue, along with the name calling. Morrison’s overview of The Adventures of Huckleberry Finn are very easy to agree with, because she explains and goes into detail about how she believes what she does. She backs up all the things she talks about such as; Huck having father issues, Huck’s issues of loneliness and suicidal thoughts, and the racial politics. After reading Morrison’s essay on The Adventures of Huckleberry Finn, I understood so much more of the book, because she explained some of the deeper themes and problems in the book.

Physical Security in the Army

The Army regulation regarding Physical Security is AR 190-16 which states: That part of security concerned with physical measures designed to safeguard personnel, to prevent unauthorized access to equipment, installations, material and documents, and to safeguard them against espionage, sabotage, damage, and theft. The importance of maintaining accountability of your equipment as a U. S. Army As a Soldier is that I'm responsible for maintaining accountability for everything I am signed for. Meaning that I am to know where everything is that i'm signed for, and to ensuring that it is also secure. I should also be more cautious with Sensitive items such as my weapon, raido, body armor, kevlar, NBC Mask and so on. These are not just items for my personal use, they are a part of my combat uniform and necessary to complete my mission should it go down the shitter. Accountability of your sensitive items is important. To lose a sensitive item can be detrimental to the readiness of your unit in times of war or training. The consequences of losing sensitive items varies from item to item according to its value and importance. There are many other punishments such as life in prison. To lose a sensitive item can also be a violation of the army values. It violates the values of Duty and Integrity. It violates duty because without the proper equipment you cannot perform your duties. You also let down your platoon and/ or squad by not knowing where your items are. It violates the integrity of yourself by letting your platoon down. Your platoon counts on you to make sure you know where all your items are. If the enemy get a hold of them it makes for a very bad day. The enemy would like nothing more than to get a hold of or weapon systems and our radios. The enemy wants to know everything about how the militaryworks and about our operations. In times of war the more sensitive an item is the more the enemy craves the item. You should never leave equipment lyingaround. If you see that your battle buddy has leftany equipment lying around no matter what it is from patrol cap to an SKL Secure it and make sure you let them know off line the mistake they have made. It does not matter what rank they are. So, it is very important to secure all your sensitive equipment and items, and maintain accountability. The reason simply is to keep very important high costvalued items and equipment 700 accounted for so people all around you do not have to deal with the consequences of the lost item or equipment. Also every sensitve item or equipment is high dollar valued so if you lose it you will be hurting money wise by losing a grand or more easily right on the spot. And after that you can possibly do jail time from six months to a year and sure their will be rank taken away or something along those lines. You might even get an article fifteen after all that or maybe when you have to pay for the lost sensitive equipment or item so these should be a main priority to maintainand know where they are at all times and are accounted for either battle buddy. According to FM 7-21. 13 Chapter 3 on Duties and Responsibilities of the Individual Soldier: â€Å"Duties are general requirements to be performed. Duty begins with everything required of you by law, regulation, and ordersâ€Å", but it includes much more than that, a duty is a legal or moral obligation. Each soldier has a obligation to his/her team, to his or her section, and to the rest of his or her unit to keep constant accountability of their individually issued items. If these obligations were to be thwarted in any way, this would cost his or her unit time the length of time used in obtaining new equipment, personnel resources and manpower that could be utilized otherwise in accomplishing mission critical tasks, and financial resources at any costs incurred to the unit itself. FM 7-21. 13 also states that â€Å"responsibility is the legally established and moral obligation a soldier assumes for his or her own actions, accomplishments and failures. Every soldier is responsible for performing his or her duty to the very best of his or her ability and for trying to improve his or her performance. For example, soldiers are also responsible for their personal conduct and appearance. Also, every soldier is responsible for his or her own physical fitness. And just as personal fitness and appearance is the responsibility of every soldier, so should accountability of personal equipment. Every soldier in the Army assumed this personal responsibility when they took their enlistment oath.

Hrm Orientation Essay Example

Hrm Orientation Essay Example Hrm Orientation Essay Hrm Orientation Essay A procedure for providing new employees with basic background information about the firm. Orientation content Information on employee benefits Personnel policies The daily routine Company organization and operations Safety measures and regulations Facilities tour Orienting Employees (cont’d) A successful orientation should accomplish four things for new employees: Make them feel welcome and at ease. Help them understand the organization in a broad sense. Make clear to them what is expected in terms of work and behavior. Help them begin the process of becoming socialized into the firm’s ways of acting and doing things. The Training Process Training The process of teaching new employees the basic skills they need to perform their jobs. The strategic context of training Performance management: the process employers use to make sure employees are working toward organizational goals. Web-based training Distance learning-based training Cross-cultural diversity training The Training and Development Process Needs analysis Identify job performance skills needed, assess prospective trainees skills, and develop objectives. Instructional design Produce the training program content, including workbooks, exercises, and activities. Validation Presenting (trying out) the training to a small representative audience. Implement the program Actually training the targeted employee group. Evaluation Assesses the program’s successes or failures. Make the Learning Meaningful At the start of training, provide a bird’s-eye view of the material to be presented to facilitates learning. Use a variety of familiar examples. Organize the information so you can present it logically, and in meaningful units. Use terms and concepts that are already familiar to trainees. Use as many visual aids as possible. Make Skills Transfer Easy Maximize the similarity between the training situation and the work situation. Provide adequate practice. Label or identify each feature of the machine and/or step in the process. Direct the trainees’ attention to important aspects of the job. Provide â€Å"heads-up† preparatory information that lets trainees know they might happen back on the job. Motivate the Learner People learn best by doing so provide as much realistic practice as possible. Trainees learn best when the trainers immediately reinforce correct responses Trainees learn best at their own pace. Create a perceived training need in the trainees’ minds. The schedule is important too: The learning curve goes down late in the day, less than full day training is most effective. Analyzing Training Needs Task analysis A detailed study of a job to identify the specific skills required, especially for new employees. Performance analysis Verifying that there is a performance deficiency and determining whether that deficiency should be corrected through training or through some other means (such as transferring the employee). Training Methods On-the-job training (OJT) Having a person learn a job by actually doing the job. OJT methods Coaching or understudy Job rotation Special assignments Advantages Inexpensive Immediate feedback Steps in OJT Step 1: Prepare the learner Put the learner at ease- relieve the tension. Explain why he or she is being taught. Create interest, encourage questions, find out what the learner already knows about this or other jobs. Explain the whole job and relate it to some job the worker already knows. Place the learner as close to the normal working position as possible. Familiarize the worker with equipment, materials, tools, and trade terms. Steps in OJT (cont’d) Step 2: Present the operation Explain quantity and quality requirements. Go through the job at the normal work pace. Go through the job at a slow pace several times, explaining each step. Between operations, explain the difficult parts, or those in which errors are likely to be made. Again go through the job at a slow pace several times; explain the key points. Have the learner explain the steps as you go through the job at a slow pace. Steps in OJT (cont’d) Step 3: Do a tryout Have the learner go through the job several times, slowly, explaining each step to you. Correct mistakes and, if necessary, do some of the complicated steps the first few times. Run the job at the normal pace. Have the learner do the job, gradually building up skill and speed. As soon as the learner demonstrates ability to do the job, let the work begin, but don’t abandon him or her. Steps in OJT (cont’d) Step 4: Follow up Designate to whom the learner should go for help. Gradually decrease supervision, checking work from time to time against quality and quantity standards. Correct faulty work patterns before they become a habit. Show why the learned method is superior. Compliment good work; encourage the worker until he or she is able to meet the quality and quantity standards. Training Methods (cont’d) Apprenticeship training A structured process by which people become skilled workers through a combination of classroom instruction and on-the-job training. Informal learning The majority of what employees learn on the job they learn through informal means of performing their jobs on a daily basis. Job instruction training (JIT) Listing each job’s basic tasks, along with key points, in order to provide step-by-step training for employees. The 25 Most Popular Apprenticeships Training Methods (cont’d) Effective lectures Use signals to help listeners follow your ideas. Don’t start out on the wrong foot. Keep your conclusions short. Be alert to your audience. Maintain eye contact with the trainees. Make sure everyone in the room can hear. Control your hands. Talk from notes rather than from a script. Break a long talk into a series of five-minute talks. Programmed Learning Programmed instruction (PI) A systematic method for teaching job skills involving: Presenting questions or facts Allowing the person to respond Giving the learner immediate feedback on the accuracy of his or her answers Advantages Reduced training time Self-paced learning Immediate feedback Reduced risk of error for learner Training Methods (cont’d) Literacy training techniques Responses to functional illiteracy Testing job candidates’ basic skills. Setting up basic skills and literacy programs. Audiovisual-based training To illustrate following a sequence over time. To expose trainees to events not easily demonstrable in live lectures. To meet the need for organizationwide training and it is too costly to move the trainers from place to place. Training Methods (cont’d) Simulated training (occasionally called vestibule training) Training employees on special off-the-job equipment so training costs and hazards can be reduced. Computer-based training (CBT) Electronic performance support systems (EPSS) Learning portals Computer-based Training (CBT) Advantages Reduced learning time Cost-effectiveness Instructional consistency Types of CBT Intelligent Tutoring systems Interactive multimedia training Virtual reality training Distance and Internet-Based Training Teletraining A trainer in a central location teaches groups of employees at remote locations via TV hookups. Videoconferencing Interactively training employees who are geographically separated from each other- or from the trainer- via a combination of audio and visual equipment. Training via the Internet Using the Internet or proprietary internal intranets to facilitate computer-based training. What Is Management Development? Management development Any attempt to improve current or future management performance by imparting knowledge, changing attitudes, or increasing skills. Succession planning A process through which senior-level openings are planned for and eventually filled. Anticipate management needs Review firm’s management skills inventory Create replacement charts Begin management development Managerial on-the-Job Training Job rotation Moving a trainee from department to department to broaden his or her experience and identify strong and weak points. Coaching/Understudy approach The trainee works directly with a senior manager or with the person he or she is to replace; the latter is responsible for the trainee’s coaching. Action learning Management trainees are allowed to work full-time analyzing and solving problems in other departments. Off-the-Job Management Training and Development Techniques Case study method Managers are presented with a description of an organizational problem to diagnose and solve. Management game Teams of managers compete by making computerized decisions regarding realistic but simulated situations. Outside seminars Many companies and universities offer Web-based and traditional management development seminars and conferences. Off-the-Job Management Training and Development Techniques (cont’d) Role playing Creating a realistic situation in which trainees assume the roles of persons in that situation. Behavior modeling Modeling: showing trainees the right (or â€Å"model†) way of doing something. Role playing: having trainees practice that way Social reinforcement: giving feedback on the trainees’ performance. Transfer of learning: Encouraging trainees apply their skills on the job. Off-the-Job Management Training and Development Techniques (cont’d) Corporate universities Provides a means for conveniently coordinating all the company’s training efforts and delivering Web-based modules that cover topics from strategic management to mentoring. In-house development centers A company-based method for exposing prospective managers to realistic exercises to develop improved management skills. Off-the-Job Management Training and Development Techniques (cont’d) Executive coaches An outside consultant who questions the executive’s boss, peers, subordinates, and (sometimes) family in order to identify the executive’s strengths and weaknesses. Counsels the executive so he or she can capitalize on those strengths and overcome the weaknesses. Managing Organizational Change and Development What to change? Strategy: mission and vision Culture: new corporate values Structure: departmental structure, coordination, span of control, reporting relationships, tasks, decision-making procedures Technologies: new systems and methods Employees: changes in employee attitudes and skills Overcoming Resistance to Change What causes resistance? All behavior in organizations is a product of two kinds of forces- those striving to maintain the status quo and those pushing for change. Lewin’s Change Process Unfreezing: reducing the forces striving to maintain the status quo. Moving: developing new behaviors, values, and attitudes, sometimes through structural changes. Refreezing: reinforcing the changes. Overcoming Resistance to Change Change initiatives Political campaign: creating a coalition strong enough to support and guide the initiative. Marketing campaign: tapping into employees’ thoughts and feelings and also effectively communicating messages about the prospective program’s theme and benefits. Military campaign: Deploying executives’ scarce resources of attention and time to actually carry out the change. How to Lead the Change (in 10 Steps) Establish a sense of urgency. Mobilize commitment through joint diagnosis of problems. Create a guiding coalition. Develop a shared vision. Communicate the vision. Help employees to make the change. Generate short-term wins. Consolidate gains and produce more change. Anchor the new ways of doing things in the company’s culture. Monitor progress and adjust the vision as required. Using Organizational Development Organizational development (OD) A special approach to organizational change in which employees themselves formulate and implement the change that’s required. Usually involves action research. Applies behavioral science knowledge. Changes the attitudes, values, and beliefs of employees. Changes the organization in a particular direction. Examples of OD Interventions Evaluating the Training Effort Designing the study Time series design Controlled experimentation Training effects to measure Reaction of trainees to the program Learning that actually took place Behavior that changed on the job Results that were achieved as a result of the training

Online Customer Engagement Essay Example | Topics and Well Written Essays - 1000 words

Online Customer Engagement - Essay Example This can also be referred to the social phenomenon facilitated by the extensive implementation of the internet in the late 1990s and captivating off by means of the procedural improvements in link speed (broadband) in the decade that trailed. Online Customer commitment is qualitatively dissimilar commencing the engagement of consumers' offline. This particular project will be of help as it will allow the organizations to counter react to the elementary changes in the clients' behaviors that the internet has brought forth. It will also avail the solution to the high level of the incompetence of the custom break off and replicate, broadcast model of promoting (George 1990, pg20). With this report, it will also provide the readers with the knowledge about the consumers' behaviors so as to enable them to know how to deal with their clients in order to be able to provide them with the appropriate products and services that they do need. From the other researchers, it has been proven that, the relationship of an organization with their clients during marketing affects their way of behavior. This can also be said that, customer engagement is directly proportional to the customer behaviors as well as the relationship marketing. This is so because, with consumer engagement, it commits the clients and thus able to evaluate their behaviors. 2.0 RESEARCH QUESTIONS For this project to be termed to be successful, it has to fulfil some of the requirements. Thus it will be required to answer some questions such as; 1. What are some of the consumer behaviour that is related to the online consumer engagement 2. How do the online consumer engagement relate to the marketing strategy used by an organisation 3. Why do the managers of the organisations have a preference on the online consumer engagement as compared to the offline one 4. Which relationship does consumer behaviour have with the marketing strategy of the organisation 5. What are the significance of the consumer engagement 3.0 OBJECTIVES: The project will be focused on some of the aspects so as to be able to attain its objectives. These objectives will be attained through the questions that have to be answered at the end of the project. These will include: 1. To know some of the consumer behaviours that are related to the online consumer engagement 2. To institute the association connecting the marketing strategies and the online consumer engagement. 3. To establish the advantages of the online consumer engagement compared to the offline consumer engagement. 4. To establish the relationship between consumer behaviour and marketing strategy in any given organisation. 5. The importance of the consumer engagement. 4.0 METHOD: This will entail the way and the techniques that will be used in the research and the way in which the data will be collected so as to get the accurate report for the research project. This will comprise of 4.1 RESEARCH DESIGN This is a qualitative research. This is because it entails the use of the purposive selection of the sample size and it is also based on the targeted population in the community which will comprise of the digital marketing community. To be able to get the information from the organisation, they will have to answer a number of questionnaires. The questionnaire will be as follows; Questionnaire Instruction To be filled

Workplace Safety Essay Example | Topics and Well Written Essays - 500 words

Workplace Safety - Essay Example (Gustafson, 2011). This article reflects on an issue that involves a severe attack on the employee Rich Dean by a dangerous prisoner Lehtinen. Dean is seriously distressed by the news that Oregon hospital will not have to deal with any sanctions in regard to the violent incident even after a long workplace safety inspection undertaken by Oregon’s Occupational Safety and Health Division (OSHA). This decision by OSHA led Dean to present his issues with the results of the investigation in an interview. Dean voiced facts that set in contrast to the justifications presented by OSHA. According to OSHA, Dean issued a citation against the hospital’s security administration on no grounds. This is because the hospital has always adopted satisfactory security measures and conducted safety assessments before the grave attack on Dean occurred. Also, there had been no violent attacks on any hospital employee by the jail inmates before that incident and high-profile assault prevention training is also given to the employees according to the OSHA report. Now, Dean claimed that when he was attacked by Lehtinen, the two other employees dog-piled on him and Lehtinen, which gave Lehtinen an easy access to land heavy kicks on Dean’s eyes, shoulders, and neck. Had it not been for the careless action of the two other security men, Dean would surely have saved himself from Lehtinen’s attacks. Also, the emergency alarm system was sadly out of function at the time of the assault.