The Power of Music in My Life Essay - 825 Words

The Power of Music in My Life (Essay Sample) Content: The power of Music in My LifeStudentà ¢Ã¢â€š ¬s nameLecturerà ¢Ã¢â€š ¬s nameDue dateMusic consists of a wide genre of things and develops as a result of combining tones to form a melody. It has a number of meanings to diverse people, to some it is a career, talent or a source of entertainment. Music plays a significant responsibility in the life of a human being. People use music as a way to utilize their leisure time, express their feelings, educate people, and to preserve and embrace oneà ¢Ã¢â€š ¬s culture. The various genres of music common today include Hip hop, R n B, Rock Jazz, pop, reggae and other cultural specific tunes. In the text below the author talks about how music applies and influences their life.My name is Mohammed born in Saudi Arabia and currently living in Canada. I was born in Saudi Arabia but grew up in Canada.Since childhood music was, and still is part of life. Growing up in the city caused exposure to different kinds of music all which see med interesting to listen to. A great love for different records and bands developed at the age of 7, which led to possessing a number of records from famous from The Beatles and the famous Elvis Presley. During that time, most of the teenagers loved listening to all kinds of rock. School was the major source of influence and that is where the love for music developed. In both junior and high school, it was common to find people huddled in groups over lunch break sharing and discussing music. At some point in high school, I joined a rock band as a bass drummer. Additionally, the immediate society also played a part in influencing music since some of the bands came from the capital, which encouraged many children to develop skills in music.As mentioned earlier, music plays different roles in the lives of people. If a person does not sing, he or she can either play an instrument or just listen to it. As I grew up, music remained part of life and love for other genres developed. While at the university, home or work I still listen to music. Music helps someone relax after a long day at school or work. Psychologists believe that music helps in revealing a personà ¢Ã¢â€š ¬s inner thoughts and feelings. Scientific research, which applies in reality shows that people listen to music in order to improve individual performance while carrying out a task because it aids in drawing optimal attention and fight boredom. The second reason states that music stimulates intellectual thinking by building curiosity and causing one to gain critical analysis skills. Finally, it manipulates a personà ¢Ã¢â€š ¬s desire to attain a certain mood state such as happiness or excitement.Currently, I still listen to rock music, hip hop and Jazz. These genres possess a wide range of subgenres, which mean different things. However, they all have a common aspect, which is entertainment and mood manipulation. Both hip hop and rock help in stimulating excitement while jazz helps in relaxing and soothing the mind. Some of the most treasured albums include Magical Mystery Tour by the Beatles and Blizzard of Ozz by Ozzy Osbourne. In addition to that, some of the concerts attended include the Magnetic Hill Concert, ACDC Concert and the Rise Against Setlist. I often still play the drum but not on a professional basis just leisure.Most artists try to mix both jazz and hip hop together, forming jazz-rap. That forms an attempt to bring the past to the present, ...

Assimilation in the United States of America - 550 Words

Assimilation in the United States of America (Essay Sample) Content: Assimilation in the United States:Name:Institution:Assimilation has been an issue for the United States since the early human history. Moreover, the early history witnessed a move that majorly categorized and classified people based on their perceived differences. Over the centuries, the whites formed a unified community that readily discriminated colored people. This is because the whites considered themselves superior to the colored people. The idea of racial differences divided, ranked and separated the human race from each other and justified the dominance of other ethnic elements. It brought up the idea and concept to assimilate other races to promote equality among different race and led to the development of the various models of assimilation. Different groups started to share their differences and similarities with an aim of promoting peace and putting an end to the racial war and ethnic differences (Rivera, 2014).There exist three models of assimilation in th e United States, which include Anglo conformity, the melting port, and the cultural pluralism. The models allowed the minority group to accept the norms and values of the majority as superior. Moreover, the past decade has witnessed massive growth in the number of immigrants. It brought about desired changes in education, identity concepts and history that sparked the cultural fusion. The fusion of culture and ethnic minorities into the dominant American culture brought about peace and unity (Rivera, 2014).The future prospects of assimilation will ... Assimilation in the United States of America - 550 Words Assimilation in the United States of America (Essay Sample) Content: Assimilation in the United States:Name:Institution:Assimilation has been an issue for the United States since the early human history. Moreover, the early history witnessed a move that majorly categorized and classified people based on their perceived differences. Over the centuries, the whites formed a unified community that readily discriminated colored people. This is because the whites considered themselves superior to the colored people. The idea of racial differences divided, ranked and separated the human race from each other and justified the dominance of other ethnic elements. It brought up the idea and concept to assimilate other races to promote equality among different race and led to the development of the various models of assimilation. Different groups started to share their differences and similarities with an aim of promoting peace and putting an end to the racial war and ethnic differences (Rivera, 2014).There exist three models of assimilation in th e United States, which include Anglo conformity, the melting port, and the cultural pluralism. The models allowed the minority group to accept the norms and values of the majority as superior. Moreover, the past decade has witnessed massive growth in the number of immigrants. It brought about desired changes in education, identity concepts and history that sparked the cultural fusion. The fusion of culture and ethnic minorities into the dominant American culture brought about peace and unity (Rivera, 2014).The future prospects of assimilation will ...

Persepolis Is The Realistic Novel - 1476 Words

Persepolis is the realistic novel about the life Marjane in pre and post progressive war in Iran and her transition in Europe. The novel explains Satrap’s development from young sge to defiant punk-cherishing adolescent in Iran. Importantly, its mostly it covered Satrap growing strains of the political atmosphere in Iran in during the 70s and 80s, with individuals from her liberal inclining family kept and afterward executed, and the foundation of the grievous Iran/Iraq war. This novel also explains fear of loss, suffering, and inequality. There are several factors that shape Marjane Moral and value. The oppression from the war had effect on Marjane life change her moral and value because the death and injustice in Marjane neighborhood. Then she realized her neighborhood was not safe place for because her country does not give her the chance to grow and learn. She was force to accept a value she did not grow in. when she was ten years old and she was forced to wear veil to school. At that same early age she witnesses chaotic protest f for and against culture revolution. Then her French non-religious school transfer into two all-girls and all boys’ religious school (1-5 Satrapi). It was kind of beyond her imagination seeing her protest against the change and her picture been in the headline of the newspaper across Europe. As the result of Marjane mother bravery put fear in her just for short moment. In addition, from Marjane childhood propriety of understanding of the warShow MoreRelatedThe Iranian Revolution Of Iran1317 Words   |  6 Pagesignored. Satrapi starts the first few chapters of Persepolis with the overthrow of the Shah from power in Iran which is an important start of the graphic novel. Her parents being protestors supporting the overthrow of the Shah, she had a unique view of the ordeal in Iran. Her comic book Persepolis covers many issues faced by her, her family, and the Iranians themselves. The controversies of the Iranian revolution of 1979 are invalid because Persepolis doesn’t mention the failure of the Shah to deliverRead MorePersepolis : The Invisible Art Essay1369 Words   |  6 PagesPersepolis In graphic memoir Persepolis, Marjane Satrapi illustrates the eventful life of Marji, an Iranian girl’s living most of her life in Tehran, Iran during the Islamic Revolution. The author commences her story as child and creates a timeline of series of events as she enters adulthood. Marji, represents many disenfranchise women, as she faces discrimination, exile, and confusion in her own country. Uniquely, Starapi’s work can be a justification to prove Scott McCloud’s design theories inRead MorePersepolis: A Script on the Iran War Essay930 Words   |  4 Pages Persepolis is a graphic memoir of Marjane Satrapi. The book has received multiple accolades and citations for its realistic and well-written script as well as its commitment against totalitarianism. Satrapi writes (and draws) of her life during the war between Iran and Iraq. It has both literal and symbolic meanings hidden among the drawings, as it also shows the hardships she faced in other countries and even, at times, in her home country of Iran. It helps to show the past and somewhat presentRead MoreWomen and Rebellion in Graphic Novels1478 Words   |  6 Pagesgraphic novels are not recognized as literature by many literary critics, they have the distinction of communicating with pictures in a way that may not be possible with words alone. Themes that would be lost if they were merely sentences on a page are highlighted when set to a graphic novel’s illustration, and graphic novels can connect deeply with the reader through images of war and suffering, such as in the graphic novels Persepolis and Fables. Marjane Satrapi’s autobiography Persepolis takesRead MoreThe Danger and Negativity of Misconceptions855 Words   |  4 PagesAfter performing a subject analysis on A Lesson Before Dying, Persepolis, and â€Å"Exploring the Negative Consequences of Stereotyping†; I conclude that when an individual person or party is subjected to a misconception, they will react negatively. Stereotypes are one form of misconceptions. A stereotype is an â€Å"unfair belief that all people or things with a particular characteristic are the same† (Merriam-Webster). In Ernest J. Gaines’ novel A Lesson Before Dying, racial stereotypes are plentiful. Read MoreWhy Marjane Satrapi Graphic Form1803 Words   |  8 Pagesstory Persepolis in the graphic form The graphic novel Persepolis by Marjane Satrapi was written in the graphic medium to appeal to a wider audience. Literary critic, Manuela Constantino, proposes that â€Å"the combination of a visual representation and a child’s point of view makes the story easily accessible and therefore attracts a wide range of readers.† (Constantino, 2008: 2) Another plausible reason for Satrapis choice to do the novel in this medium is the apparent popularity graphic novels enjoyedRead MoreA Literary Lens957 Words   |  4 Pagesshort, and doesn’t really exemplify what exactly the illustrator did to have myself react with joy and laughter. But, later in the seventh book, Persepolis, my description for the artistic lens was much for in depth and analytical. For example, I detailed, â€Å"Her [the author] use of the black, empty space to underline the sadness and worry that Persepolis felt when she discovered Mohsen was murdered was perfectly expressed in the illustrations an d conveyed a sense of sorrow to the reader.† (PetersenRead MoreMemories And The Formation Of Reality1666 Words   |  7 Pagesor false memories, and can result in of misconceptions of reality. This paper looks at two live-action films: Eternal Sunshine of the Spotless Mind (2004) and The Big Fish (2003) and two animated feature length films: Waltz of Bashir (2008) and Persepolis (2007) and one short animated film: Tale of Tales (1979). The purpose is to analyze how memory is represented in film and animation and examining how imagination does not distort the memory through animation but embellish it. To begin, Eternal SunshineRead MoreMemories And The Formation Of Reality1688 Words   |  7 Pagesfalse memories, and can result in of misconceptions about reality. This paper is looking to two live-action films: Eternal Sunshine of the Spotless Mind (2004) and The Big Fish (2003) and two animated feature length films: Waltz of Bashir (2008) and Persepolis (2007) and one short animated film: Tale of Tales (1979). The purpose is to analyze how memory is represent in film and animation, and discover how imagination does not distort the memory and how is it represented in animation. To begin, EternalRead MorePersepolis : Marjane Satrapi s Persepolis Essay1448 Words   |  6 PagesIt is almost impossible to fit a person’s entire life in a book. It actually seems somewhat proper that a whole person’s life is not able to be told in a single novel because a human’s life is too complex and longevous to be explained by text itself. Nevertheless, a person can only remember so many things from their life and be able to write every single detail of every moment, emotion, and thought of his or her life down into an autobiography. People often will easily remember strong, brief, and

ECO 365 week 4 Differentiating Between Market structures

Differentiating Between Market Structures Leslie Maxwell ECO 365/Principles of Microeconomics May 25, 2015 Ronald Merchant Differentiating Between Market Structures Microsoft is the software giant responsible for bringing Windows operating system to the PC (personal computer). Microsoft is also a known and well respected company in the global market. The tech giant has dominated the computer industry since 1981. Due to the nature of such a huge company, Microsoft has its hands in multiple markets. Microsoft currently competes in file hosting, software, operating systems, and gaming consoles. Unfortunately, each of the afore-mentioned markets differ from one another. For the purpose of this paper, the market that†¦show more content†¦One competitive strategy that Microsoft may consider would be lowering the price of the software. Microsoft’s current OS average cost is $200 but can be as high as six to seven hundred, while Apple currently offers theirs on average at about $50. Lowering the average cost of the OS could increase demand as well as sales (â€Å"Calibex†, 1999-2015). Another competitive strategy that could be considered would be increasing the target audience. Microsoft has consent to make a bold play for the workplace while leaving the school market open for Apple. The idea was that if adults were using Microsoft OS at work all day, then they would be more likely to purchase the OS for their home PC. This was a good strategy in the beginning but may need to be changed for future sales. Microsoft will have major competition with Apple over the next five years because schools of all levels are expected to switch from computers to iPads. This may possibly hurt Microsoft’s future sales because as the students enter the real world they will continue to depend on Apple for their future computer needs (Hughes, 2011). The final Competitive strategy Microsoft may consider would be the introduction of a differentiation strategy. Differentiation strategy is defined as an approach under which a firm aims to develop and market unique products for each customerShow MoreRelatedDifferentiating Between Market Structures Paper on Kudler Fine Foods1063 Words   |  5 PagesDifferentiating Between Market Structures on Kudler Fine Foods ECO/365 University of Phoenix Week 4 Individual Assignment March 11, 2013 Differentiating Between Market Structures The analysis will apply important microeconomic concepts toward the competitive strategies of the Kudler Fine Food Virtual Organization, which affect its long-term profitability. The analysis will evaluate the differences between market structures and review the organization’s strategic plan, marketing overviewRead Moreeco 365 week syllabus1755 Words   |  8 Pagesï » ¿ Syllabus School of Business ECO/365 Version 4 Principles of Microeconomics Copyright  © 2011, 2008, 2007, 2006 by University of Phoenix. All rights reserved. Course Description This course provides students with the basic theories, concepts, terminology, and uses of microeconomics. Students learn practical applications for microeconomics in their personal and professional lives through assimilation of fundamental concepts and analysis of actual economic events. Policies FacultyRead MoreEco365 Week1 Essay2640 Words   |  11 Pages| Syllabus School of Business ECO/365 Version 4 Principles of Microeconomics | Copyright  © 2011, 2008, 2007, 2006 by University of Phoenix. All rights reserved. Course Description This course provides students with the basic theories, concepts, terminology, and uses of microeconomics. Students learn practical applications for microeconomics in their personal and professional lives through assimilation of fundamental concepts and analysis of actual economic events. Policies FacultyRead MoreEco 3653142 Words   |  13 PagesCourse Design Guide School of Business ECO/365 Version 4 Principles of Microeconomics Copyright  © 2011, 2008, 2007, 2006 by University of Phoenix. All rights reserved. Course Description This course provides students with the basic theories, concepts, terminology, and uses of microeconomics. Students learn practical applications for microeconomics in their personal and professional lives through assimilation of fundamental concepts and analysis of actual economic events. Policies Read MoreEssay about Whole Foods Market16819 Words   |  68 PagesRemote Environment 2 1.3.2 Industry Environment 3 1.3.3 Operating Environment 3 1.4 The Internal Environment 4 1.5 Generic Strategy 4 1.6 Long-Term Objectives 5 1.7 Grand Strategies 6 1.8 Short-Term Objectives 6 1.9 Functional Tactics 7 1.10 Strategy Execution Policies 8 1.11 Executive Bonus Compensation Plans 8 1.12 Organizational Structure, Culture, and Leadership 9 1.13 Strategic Control 10 1.14 Innovation 10 Section 2: Identification of Key StrategicRead MoreNokias Human Resources System144007 Words   |  577 PagesCorporation (Exact name of Registrant as specified in its charter) Republic of Finland (Jurisdiction of incorporation) Keilalahdentie 4, P.O. Box 226, FI ­00045 NOKIA GROUP, Espoo, Finland (Address of principal executive offices) Ëš Kaarina Stahlberg, Vice President, Assistant General Counsel Telephone: +358 (0)7 1800 ­8000, Facsimile: +358 (0) 7 1803 ­8503 Keilalahdentie 4, P.O. Box 226, FI ­00045 NOKIA GROUP, Espoo, Finland (Name, Telephone, E ­mail and/or Facsimile number and Address of Company ContactRead MoreStrategic Marketing Management337596 Words   |  1351 Pagespublications visit our website at http:/ /books.elsevier.com Printed and bound in Italy Working together to grow libraries in developing countries www.elsevier.com | www.bookaid.org | www.sabre.org Contents Preface Overview of the book’s structure 1 Introduction 1.1 1.2 1.3 1.4 1.5 1.6 Learning objectives The nature of marketing The management process Strategic decisions and the nature of strategy The marketing/strategy interface Summary xi xiii 1 3 3 7 11 19 37 41 43 45 45 50 53 70 71Read MoreContemporary Issues in Management Accounting211377 Words   |  846 PagesCataloguing in Publication Data Data available Typeset by SPI Publisher Services, Pondicherry, India Printed in Great Britain on acid-free paper by Antony Rowe Ltd., Chippenham, Wiltshire ISBN 0–19–928335–4 978–0–19–928335–4 ISBN 0–19–928336–2 (Pbk.) 978–0–19–928336–1 (Pbk.) 1 3 5 7 9 10 8 6 4 2 3 FOREWORD ‘ Michael Bromwich is an exemplar of all that is good about the British tradition of academic accounting. Serious in intent, he has striven both to illuminate practice and to provideRead MoreOrganisational Theory230255 Words   |  922 Pages analyzing and exploring organization theory the book increases the understanding of a field that in recent years has become ever more fragmented. Organization theory is central to managing, organizing and reflecting on both formal and informal structures, and in this respect you will find this book timely, interesting and valuable. Peter Holdt Christensen, Associate Professor, Copenhagen Business School, Denmark McAuley et al.’s book is thought-provoking, witty and highly relevant for understandingRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesindexes. ISBN-13: 978-0-13-283487-2 ISBN-10: 0-13-283487-1 1. Organizational behavior. I. Judge, Ti m. II. Title. HD58.7.R62 2012 658.3—dc23 2011038674 10 9 8 7 6 5 4 3 2 1 ISBN 10: 0-13-283487-1 ISBN 13: 978-0-13-283487-2 Brief Contents Preface xxii 1 2 Introduction 1 What Is Organizational Behavior? 3 The Individual 2 3 4 5 6 7 8 Diversity in Organizations 39 Attitudes and Job Satisfaction 69 Emotions and Moods 97 Personality and Values 131 Perception and Individual Decision Making

How Technology Has Impacted The Future And Clinical Health...

The first article I reviewed outlined the history of the EHR and discussed the possible future directions of the EHR while the second article measured the successes of the CPOE and new avenues for hospitals with the CPOE. Considering the great advances in technology, EHRs prior to January 2009 were underperforming. Often the EHR simply resembled the provider’s unique approach to healthcare. The technology existed, however the healthcare industry was not ready embracing the capabilities of the EHR. EHRs require standardization and each hospital had its own version of practicing medicine. It became apparent healthcare providers were going to continue business as usual; therefore the benefits linked to the capabilities of the EHR went unrealized. Indeed it is interesting the amount of time and legal maneuvers it took to spark the use of EHRs in hospitals. It was apparent government intervention to jump-start the EHR was inevitable. On January 9, 2009 passage of the Health Information Technology for Economic and Clinical Health legislation (HITECH) opened the gateway to technology and implementation of the EHR. The rapid development of technology is directly impacting the design and direction of the EHR. As medical devices are smaller and more user friendly, patients are being involved in reporting and this will be incorporated into the EHR. In addition to technological changes, EHRs have evolved in relation to consumer needs. Originally the EHRs were focusedShow MoreRelatedElectronic Health Records ( Ehr )1863 Words   |  8 PagesTechnology in Healthcare Healthcare today is impacted by technology and it is changing the way that we communicate and record the healthcare that is to be delivered by clinicians. Paper charting is in the past and almost obsolete due to the advanced technical equipment and computer technology that is available today. In this paper the background of using electronic health records (EHR) will be discussed as well as the Health Information Technology for Economic and Clinical Health Act (HITECH) andRead MoreI Love Reading Essay69689 Words   |  279 PagesP m n a d c a t i o n u o n P l o y m e n t l t h e v i r o n m e n t n a n c e A Study by National Knowledge Commission Entrepreneurship in India National Knowledge Commission 2008  ©National Knowledge Commission, 2008 This report has been prepared by Amlanjyoti Goswami, Namita Dalmia and Megha Pradhan with support and guidance from Dr. Ashok Kolaskar and Mr. Sunil Bahri. Table of Contents Acknowledgements Executive Summary Chapter I Chapter II Chapter III Chapter IV ChapterRead MoreManaging Information Technology (7th Edition)239873 Words   |  960 PagesMachine Company, Inc.: Selection of an Information Technology Platform CASE STUDY I-2 VoIP2.biz, Inc.: Deciding on the Next Steps for a VoIP Supplier CASE STUDY I-3 The VoIP Adoption at Butler University CASE STUDY I-4 Supporting Mobile Health Clinics: The Children’s Health Fund of New York City CASE STUDY I-5 Data Governance at InsuraCorp CASE STUDY I-6 H.H. Gregg’s Appliances, Inc.: Deciding on a New Information Technology Platform CASE STUDY I-7 Midsouth ChamberRead MoreMedicare Policy Analysis447966 Words   |  1792 PagesI 111TH CONGRESS 1ST SESSION H. R. 3962 To provide affordable, quality health care for all Americans and reduce the growth in health care spending, and for other purposes. IN THE HOUSE OF REPRESENTATIVES OCTOBER 29, 2009 Mr. DINGELL (for himself, Mr. RANGEL, Mr. WAXMAN, Mr. GEORGE MILLER of California, Mr. STARK, Mr. PALLONE, and Mr. ANDREWS) introduced the following bill; which was referred to the Committee on Energy and Commerce, and in addition to the Committees on Education

Investment Fraud Essay - 1310 Words

11/28/10 Business 210 Investment Fraud Charles Ponzi will forever infamously known as the con man of the 1920’s. Ponzi dealt with numerous amounts of investors who all trusted him to make them a profit on their investments. Unfortunately, Charles Ponzi was a crook from the start. He bought a total of $30 dollars in IPRC’s and stole about $30 million of his investor’s money. His brilliant idea that landed him in jail was to not buy IRPC’s at all, but to give people part of their own investments and call it a profit; hence â€Å"Ponzi Scheme†. Since the 1920’s there have been numerous â€Å"investment managers† who have committed the same con as Ponzi. When you break it down, it really is just handing money to†¦show more content†¦His fraudulent actions landed him the title of orchestrating the largest Ponzi scheme in history, a $50 billion dollar loss. Madoff was considered to have an uncanny forecast to see what investors should do. Later, the SEC found out what he was really doing and that these incredible double-digit returns were like everyone thought, impossible and illegal. According to the Securities and Exchange Commission, the â€Å"two back officer workers who worked for Madoff, confessed they created false trading reports based on the returns that Madoff ordered for each customer†.†-Associated press (www.npr.org) and that â€Å"once Madoff determined a customers return, one of the back office workers would enter a false trade from a previous date and then enter a false closing trade in the amount of the required profit, according to the indictment.†-Tom Steinert-Threlkeld, â€Å"Women of the House of Madoff†www.securitiestechnologymonitor.com ) All of his hard work of being a career crook was flushed down the toilet when in 2008, he was â€Å"struggling to meet 7 billion in redemptions, and was planning to honor his agreement to pay out $173 million in bonus’s†-David Margolick, Vanity Fair-â€Å"The Madoff Chronicles Part III† Madoff later confessed to his son Mark Madoff that he has â€Å"absolutely nothing† and â€Å"all of it was a lie†. Apparently Mark, told his brother Andrew and they both reported their father to the federal authorities. He was then arrested and was chargedShow MoreRelatedOverview of the Bernie Madoff Investment Fraud1684 Words   |  7 Pagesï » ¿ Case study: Bernie Madoff Abstract This paper will provide an overview of the Bernie Madoff investment fraud, a Ponzi scheme that continues to affect the lives of the individuals Madoff defrauded under the screen of a legitimate investment firm. It will argue that the signs of the Madoff fraud were obvious and that a combination of a lack of regulatory oversight and incompetence allowed Madoffs chicanery to continue, even longer than Madoff himself thought possible. However, this does notRead MoreBanking Fraud And The Banking Industry1481 Words   |  6 PagesA banking fraud is the use of illegal means to gain money, assets from depositors or clients fraudulently while posing as a bank, agent or any other financial institution. In many countries and especially the United States, bank fraud is a criminal offense even though experts refer to it as a white collar crime due to the manner in which it is carried out. The paper below will look at the vulnerabilities that face the banking industry while using the example of Stanford Financial Group Company toRead MoreAccounting Scandal : The Biggest Ponzi Scheme925 Words   |  4 Pagesreforms or introduce new laws to the investors to make the investment market more secure for them. One of the biggest accounting scandal which affected the entire accounting system and even enforced the SEC and the US government to introduce new reforms was Bernie Madoff Ponzi scheme; which have been regarded as the biggest Ponzi scheme in history. Bernie Madoff was an American investment adviser and stock broker who operated Madoff Investments in an unethically acceptable manner. He used the companyRead MoreMadoff, A Powerful And Revered Man By Wall Street1173 Words   |  5 PagesThe reputation of his engagement and involvement in industry organizations eventually lead him in becoming a nonexecutive chairman of the NASDAQ stock market in the early 1990’s. His success and reputation enabled his company, Bernard L. Madoff Investment Securities, to prosper and grow. Madoff targeted specific elite groups of investors, creating a prestigious reputation and making investors believe that they were members of an exclusive club. The reputation of his prestigious firm continued toRead MoreHistory of Enron: What is Fraudulent Financial Reporting?770 Words   |  3 Pagesnatural gas, electricity and communications to wholesale and retail costumers† (Chary, 112). The company had the position of the â€Å"Most Innovativeâ €  corporation for a couple of years. Nonetheless, back in December 2001, its bankruptcy held the biggest fraud scandals in the history of the US. Kenneth Lay the former CEO of Houston Natural Gas became CEO and the chairman of enterprise and that was the time when they named it the Enron Corporation. The company swiftly all over the years increased to differentRead MoreBernie Madoff Case Study Essay example1431 Words   |  6 Pagesstarting and being the chairman of Bernard L. Madoff Investment Securities LLC in 1960. His investment group gave him wealth and notoriety among the financial elite of New York City and around the entire country. Many trusted him and accepted his financial advice for their investments. By the early 1990s, Madoff decided to use his knowledge, charisma, and power to build a ponzi scheme. Madoff’s ponzi scheme involved taking initial investments with the claim that he could get 15%-20% annual returnsRead MorePonzi Scheme865 Words   |  4 Pagesmoney is used to make payments to earlier investors. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors and to use for personal expenses, instead of engaging in any legitimate investment activity. The returns are repaid out of new investors’ principal, but not from profits. This can continue as long as new investors line up with cash, and old investors don’t try to withdraw too much of their money at once. Ponzi scheme is namedRead MoreCase Analysis : Ponzi Scheme1312 Words   |  6 PagesDays later Rothstein returned to Florida, and was subsequently arrested. The case differs from many Ponzi schemes due to a number of unusual characteristics. The breadth and depth of this particular scheme was substantially greater than many similar frauds, and it remains one of the largest recorded Ponzi schemes. Upon his return Rothstein vowed to cooperate with authorities, and he did exactly that. As a result of his cooperation numerous indictments and convictions were realized, yet the case continuesRead MoreGlobalization Of The United States1377 Words   |  6 Pagesbecause at times capitalism is centered on violence and submission. Capitalism puts enormous pressure on society to make capital. In the United States have seen a lot of fraud through the years, as well as other high profile crimes in which the fraud formed part. The most feared crime by companies in developed countries is fraud, even compared to other crimes such as theft and sabotage. Far from being under control, this scourge is helped by greater complexity in business, the increasing globalizationRead MoreFinancial Fraud : Fraud Against Older Americans1080 Words   |  5 PagesFinancial Fraud †¢ â€Å"900† Telephone number fraud †¢ Advance-fee loan schemes †¢ Charity fraud †¢ Credit card fraud †¢ Schemes that charge money for services that the Government provides for free †¢ Cute-rate health insurance fraud †¢ Investment fraud (Ponzi Schemes) †¢ Solicitations disguised as invoices †¢ Oil and gas investment fraud †¢ Land fraud Fraud Against Older Americans †¢ Sweepstakes advice for the elderly Sweepstakes and Lottery Fraud †¢ Illegal sweepstakes information †¢ Chain letters †¢ Free-prize

A Model for Operationalizing ERM in Project

Question: Describe about A model for operationalizing ERM in project? Answer: Introduction Tesco Plc. is a leading giant retailer constituting multiple channels to serve millions of customers worldwide. Tescos activity ranges from grocery to general merchandize sales, dispensing pharmacies, mobile telephone retailing, caf and restaurants, opticians and a bank. This paper would highlight the continuous effort of the senior management to make five future developments over the next five years (Arena et al.2012).However, the paper also draws attention to the current performance of the project team based on which the future development is likely to be made. The five developments that is believed to improve the project team performance is either associated with organizational culture or society, technological aspects, knowledge and skills of their staff, sub-contracting and outsourcing, collaboration with other companies, etc. In addition, this paper emphasize on effects of the developments on the project team performance backed with evidences (Bishop, 2013). Further recommendat ions have been made to accommodate these developments. Current project team performance The core business of Tesco is concentrated in UK with more than 1000 stores employing 250,000 employees. Needless to say, 80% of the Tesco sales and profits comes from the business of UK. The operations of project team at Tesco implement multi-format approach, new space or extension of the existing stores is the major determinant of the companys growth. The long term strategy of the project management team based on three chief aspects: growth in core UK business, expansion outside the core food business, international expansion (Brannen et al.2013). The mighty Tesco seems to be successful and premium brand retailer; however, the project team must incorporate significant developments to combat the issues. Stock control in Tesco was highly manual and considered to be an inefficient process which in turn results into large proportion stock out and inferior buying regimes. Although several measures have been taken to improve the customer services, yet there are a lot complain from the cu stomer end of Tesco (De Souza et al.2013). In reference to the current scenario, Management structures in Tesco head office are disfigured and the central functions were inwardly facing. There were significant lack in communication that affected and detaches the management from the end users and the store. Tesco chosen to avoid extension of its domestic employee relations practices to workers outside of the UK. This has strong effect on the organizational culture of Tesco (Durugbo et al.2014). The checkouts of the shop are manual, and the price list too is manually updated. The customer product pricing was manual that was inherently time-consuming and inefficient approach. The supply chain of Tesco that relates supplier to the customer in store was far from integrated and highly expensive to maintain. Tesco has weak or no collaboration with other companies. Tesco instead of engaging positively with its community partners, it refuses to collaborate with them. Instead of offering partnership, Tesco accepts conflicts. In contrar y to this, Tesco actively pursue a policy to keep out of trade unions, instead of being defensive to the association (Hogarth-Scott, 2015). The senior management of Tesco tends to be centralized (i.e. bargaining is central to decision-making), authoritarian, hierarchical, personalized firm with its own rules and procedures. With strict authoritarian culture within the organization left no space for employee flexibility and effective communication between the superior and subordinate in Tesco. Tesco workforce lack in significant technical and operational skills to work with efficiency; however no specialized training and education program has been developed to enhance skills and knowledge of the employees (James and Hopkinson, 2013).Tesco outsource its online-bookstore and online-banking with small budget companies which in turn negatively impact on losing confidentiality, easily replicated by its competitors, fragmentation and disintegration of supply chain. Development The project management team of Tesco has embarked upon a transformation of its entire organization that is likely to change the companys future and performance for decades to come. The development programs and projects undertaken by the senior management team focuses mainly on the five development areas, that include environment (organizational culture, workplace, society), technology, knowledge and skill development of workforce or staff, collaboration with other companies, outsourcing and sub-contracting (Lam and Gale, 2014). The business development is expected to be wide ranging, with strong impact on every areas selected above. Five areas of Development Organizational culture The development process include reviewing of the entire organizational structure of Tesco that starts from check out staff to store management also including its head office functioning. The development includes the following activities in three significant areas where the lack is encountered (Laosirihongthong et al.2013). Head office functioning The head office function was re-aligned with the operational requirement of Tesco retail store. In addition, a new retail department is planned to set up focused to control the impact and interface of the head office functions on the day to day operations of each Tesco store. Senior head office managers are asked to enter into collaboration with the retail stores, since retail store experience is made pre-requisite for each senior head office positions (Long and Young, 2015). This is an attempt to improve the authoritarian and personalized structure of the firm. This approach is likely to bring flexibility and encourage effective communication between superior and subordinate in Tesco thus resulting employee-engagement and better performance of project management team. Supply chain management The supply chain management is planned to re-align with the focus to closely match the wide-scale requirement of Tesco retail stores with the distribution centers around the country. An efficient supply system will improve the availability of stock with better inventory management thereby reducing the rate of waste generation (Melville and Whisnant, 2014). Retail Store management The Retail store management of Tesco is planned to undergo a major re-organization. This will include incorporation of middle-management tiers and staff empowerment to serve their customers efficiently. The development process emphasize on the depth of organizational transformation and to do so they, Tesco is planning to introduce personnel development managers to its stores at the level of regional management (Mullan, 2012). Such a development approach will ensure best people are placed in the right position of the giant retail organization. Technology Development through technological innovations is essential in order to provide technology solutions matching the needs of transforming business thus improving project team performance. Technological development is highly anticipated to fuel and drive the performance of business. It is planned to introduce latest information system software in each of its retail store. In order to facilitate outstanding resource planning within its vastly spread Retail store, Tesco develop ERP (enterprise resource planning software) for better performance of the project management team (Ndekugri et al.2013). The team of senior management emphasize on developing computerized stock control systems to efficiently utilize the data collected by checkout systems. This is an effective development approach to efficiently predict customer buying behavior and order product according matching the shopping pattern across the country (O'Connor, 2014). The company opted to equip its UK based managers and supervisors with SymbolMC50 mobile computers across its biggest stores. This was done to replace the paper-based and time-consuming processes and also unchain store managers from their desktop-email. The company aims to develop MC50 in order withstand the demand of high-usage environment (Pinker et al.2012).This is a software, rather a reliable computerized device that delivers enterprise class functionality. Tesco is planning to provide real-time data solution to its store managers so that they are connected to the business related critical IT applications to ensure continued office based work while they are on shop floor, giving them the right business processes, information and technology(Pinker et al.2013). An increased presence of managers on shop floor would enhance motivation and monitoring of staff, augment the investigation to operational performance and effective interaction with the customers. Knowldge and skill development of staff Tesco is focused to incorporate flexible yet structured approach to training and development of staff with significant adaptation respective to individual needs of employees. Training Tesco is planning to facilitate its employees with both on-job and off-job training programs that would inherently result into better enhancement of skills and knowledge within the workforce. On-job training of employees will be introduced with direct relevance to their work resulting into better coordination with people in same department and encourage team spirit (Silvestri et al. 2011).Intense training of employees is likely to incorporate with the focus to educate the trainees to work through problems and inspire them to find solutions of their own. Developmental programs It is a fast-track twelve months program specially developed for A-level entrants. Options program This development program is expected to develop operating and leadership skills among the existing employees of Tesco (Van Zoonen and Turner, 2014). Specialized programs This indeed a specialized training program intended for graduate and A-level workforce with firm focus on Tesco stores, offices and distribution system E-learning In order to educate staff across, the senior project management team entered into collaboration with Skillset team in order produce elearning materials. This development program is incorporated with a focus to make the learning process interactive, comprehensive and easy to use (Woolliscroft et al.2013). This development procedure is likely to incorporate skills and knowledge among the employees to adopt with the various demands made by consumers. The training and education programs enhance the technical skills and competencies of in-store and non-store based posts in Tesco. Moreover, workforce with exclusive skills range is expected to work flexibly, being more productive in business thus improving the overall performance of the project team (Wright and Brown, 2013). Collaboration with other companies As discussed in the previous context, Tesco is highly rigid to associate with other companies or enter partnership. However, the project management team is likely to take certain development steps that would improve the project team performance explicitly (Xie and Allen, 2013). Strategic alliance- Tesco chose to involve two partner firms in its strategic alliance. This attempt will benefit the organization in the following ways. Tesco can remain legally independent after the alliance is formed. Share benefits, facilities and managerial control over the performance of assigned operations to the project team (Arena et al.2014). Tesco will enjoy continuous contributions in one or more strategic areas, such as Tesco food or grocery items, Technology implementation, etc. Strategic alliance of Tesco with other companies will create interdependence between the autonomous economic units, expected to bring about new benefits to Tesco and its partners in terms of intangible assets (Bishop, 2013).Such an attempt obligate the company to make continuous contributions within the partnership, share risk with partners and leverage capabilities thus improving the performance as a whole. Collaboration with Cisco IBSG Tesco is planning to enter into collaboration with Cisco IBSG to get benefitted in the four core business areas with web 2.0 capabilities. The core functioning areas include, 1) Trade planning, innovation, decision-making, operational excellence, sharing of knowledge (Brannen et al.2013). In addition, collaboration with CISCO team would encourage series of workshop involving Tesco employees from each of these business domains to look for opportunities, offer technology leadership and generates business value. Outsourcing and sub-contracting Xansa outsourcing Where outsourcing refers to the procurement of a commodity asset or resource at the cheapest rate, the giant supermarket Tesco is likely to extend the 18 million contract with Xansa for software development, application management and consultation. This outsourcing deal is intended to reduce the cost of core IT operations in order to focus more on investment on its retail offering (De Souza et al.2014). Xansa is likely to support critical operational system of Tesco that include production, distribution, stock refill, pricing and payroll system across its business spread worldwide. Tesco expects that will provide potential expertise in applications management, insight comprehension of the business, and enhance commitment among the workforce to deliver key outcomes (Durugbo et al.2014). Outsourcing of online banking Online shopping is considered to be the core competency of Tesco. Tesco is likely to outsource its online shopping format to shield its core competencies when an economic downturn will hit the business world (Hogarth-Scott, 2015). However, such an attempt will be made not only to reduce cost but also reach out global talent. Outsource to data management service Tesco decided to outsource their data submission to Valpak. The company will use Valpaks data management services in order to reduce its administrative burden of packaging data submission and ensure compliance with UK packaging waste regulations (Lam and Gale, 2014). 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