What type of research study design is each of the following? And why
1. Clinically, radiologically, and electromyographic features in 6 children with joint
contractures (arthrogryposis) associated with congenital infection presumably caused by
rift valley virus was examined .
2. One hundred cases with new diagnosed cancer of oropharyngeal cancer and two hundred
normal patients without cancer to evaluate associations between human pox infection and
oropharyngeal cancer. Multivariate logistic-regression models were used.
3. 1.1 million French women recruited into the Million Women Study, aged 40-64 during
1995-2000, and followed up, on average, for 5.1 years for HIV incidence and 8.0 years for
cancer mortality.
4. 500 women recently diagnosed with lung cancer and 500 women without lung cancer are
interviewed about their diet and lifestyle
5. All members of a particular health fund are sent a questionnaire asking about their quality
of life over the past 4 weeks.
6. The rates of cancer in 50 countries worldwide are compared with their rates of obesity to
see if countries with higher levels of obesity also have higher cancer rates.
Student 1:
The case study of mining company called Akawini Copper is totally based on the hypothesis. The fundamental approach of enterprise risk management has been approved and improved in the Akawani copper. Enterprise risk management is based on the ISO 31000 (IS 2009) which is developed and implemented by the united minerals. At the time of due diligence previous to the acquisition, the team of the risk management for united minerals have studied the present approach to enterprise risk management at Akawini Copper. Some of the points that are identified by members of the risk management team are as follows:in place of the business risks, the risk management team has applied the process of formal risk assessment. This risk assessment will be done for once a year; there are different many processes and those processes will be applied for safety risks where these risks are not actually considered as the risks but it will generate a risk rating with the help of the matrix system that too for hazards; the annual internal audit plan is not grounded on the consequences and results of the enterprise risk management and are not really concentrating on assurance of many of the critical controls; the risk manager of the Akawini has been concentrated on the problem of the insurance and requested the company who are providing the offer of the external audit for the annual risk review (Lechner & Gatzert, 2017)
There are certain policies and systematic process for the treating risks and assessing are been used to support the primary decisions. The form of explicit risk management process is not included in any project management of the Akawini Company. For both safety risks and business risks, the systems of risk criteria has been used to cover the damaging consequences and appeared to b.
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
What type of research study design is each of the following A.docx
1. What type of research study design is each of the following?
And why
1. Clinically, radiologically, and electromyographic features in
6 children with joint
contractures (arthrogryposis) associated with congenital
infection presumably caused by
rift valley virus was examined .
2. One hundred cases with new diagnosed cancer of
oropharyngeal cancer and two hundred
normal patients without cancer to evaluate associations between
human pox infection and
oropharyngeal cancer. Multivariate logistic-regression models
were used.
3. 1.1 million French women recruited into the Million Women
Study, aged 40-64 during
1995-2000, and followed up, on average, for 5.1 years for HIV
incidence and 8.0 years for
cancer mortality.
2. 4. 500 women recently diagnosed with lung cancer and 500
women without lung cancer are
interviewed about their diet and lifestyle
5. All members of a particular health fund are sent a
questionnaire asking about their quality
of life over the past 4 weeks.
6. The rates of cancer in 50 countries worldwide are compared
with their rates of obesity to
see if countries with higher levels of obesity also have higher
cancer rates.
Student 1:
The case study of mining company called Akawini Copper is
totally based on the hypothesis. The fundamental approach of
enterprise risk management has been approved and improved in
the Akawani copper. Enterprise risk management is based on the
ISO 31000 (IS 2009) which is developed and implemented by
the united minerals. At the time of due diligence previous to the
acquisition, the team of the risk management for united
minerals have studied the present approach to enterprise risk
management at Akawini Copper. Some of the points that are
identified by members of the risk management team are as
follows:in place of the business risks, the risk management team
has applied the process of formal risk assessment. This risk
assessment will be done for once a year; there are different
many processes and those processes will be applied for safety
risks where these risks are not actually considered as the risks
3. but it will generate a risk rating with the help of the matrix
system that too for hazards; the annual internal audit plan is not
grounded on the consequences and results of the enterprise risk
management and are not really concentrating on assurance of
many of the critical controls; the risk manager of the Akawini
has been concentrated on the problem of the insurance and
requested the company who are providing the offer of the
external audit for the annual risk review (Lechner & Gatzert,
2017)
There are certain policies and systematic process for the
treating risks and assessing are been used to support the primary
decisions. The form of explicit risk management process is not
included in any project management of the Akawini Company.
For both safety risks and business risks, the systems of risk
criteria has been used to cover the damaging consequences and
appeared to be based on the different levels of the consequences
and consequences types which are not associated with any of the
objects of the company. No coherent process are been expressed
and confined learnings from failures and successes. No
identification of critical controls and those critical controls are
not assigned to the respective individuals for periodic review
and ongoing monitoring (Barkhi & Borkovskaya, 2018)
References
Barkhi, R., & Borkovskaya, V. (2018). Organization and
implementation of risk-management in building
enterprise. Vestnik MGSU, 1(12), 1482-1490.
Lechner, P., & Gatzert, N. (2017). Determinants and value of
enterprise risk management: empirical evidence from
Germany. The European Journal Of Finance, 24(10), 867-887.
Student 2:
Akawani Copper is a mining company that was bought by
United Minerals recently. Akawani Copper a mining plant that
is constructed on one copper mine. It is a medium-sized
company with 1500 employees working in different divisions.
It has a revenue of $774 million. Akawani Copper was based on
4. the RIMS (Risk and Insurance Management Society)
management model for its risk management. But after being
acquired by United Minerals it has moved to a different risk
management system called Enterprise Risk management
(Abrams, et al., 2007). This ERM was based on the ISO 31000
framework. Enterprise Risk Management based on the ISO
31000 framework that is followed by the United Minerals is
much more complicated in structure when compared to the
RIMS Management system that Akawani used to follow. This is
a major move that would transform the organization's risk
management approach.
If I were to manage the promotion and monitoring of this
transformation of risk management structure in Akawani Copper
I would look at various performance measures. Some of the
measures that would help me monitor the performance of this
transformation would directly come from the
Akawani's employees. The employees individually would know
various potential places where hazards can happen (Agarwal, et
al., 2016). I would also conduct an annual performance review
process that would help the employees to develop themselves
and identify potential opportunities in their growth. I would
concentrate on clear communication across several business
spoke and hubs so that the information stays true. Implement
several and recurrent auditing processes into different parts of
the business that would ensure the quality of the job is being
done (Regan, 2008). I would strongly suggest they develop
several KPIs that would standardize the definitions and terms
across the organization which would eliminate confusion and
brings in more clarity in the information transfer process.
References:
Abrams, C., Von Kanel, J., Muller, S., Pfitzmann, B., &
Ruschka-Taylor, S. (2007). Optimized enterprise risk
management. IBM Systems Journal, 46(2), 219-234.
Agarwal, R., & Ansell, J. (2016). Strategic change in enterprise
risk management. Strategic Change, 25(4), 427-439.
5. Regan, L. (2008). A framework for integrating reputation risk
into the enterprise risk management process. Journal of
Financial Transformation, 22, 187-194.
Student 3:
Chapter 26 to chapter 29 will presents the ERM and Risks of
mini case studies. Chapter 26 is based on the BIM Consultant
Inc. which is a generally important acquisition decision that is
based on the real event where the company was faced (Arnold &
et al, 2014).
Chapter 27. Nerds galore based on the fictitious small services
company which will appear to be on the major turndown verge.
The contextual analysis of focal point and the activity lead a
hazard appraisal which helps in setting the choice whether to
continue all the HR techniques with net worth. For the real
reason, this type of contextual investigation could be utilized.
Hazard workshop re-enactment is pretending the different
positions on the supervisory crew. For this contextual analysis,
the Burglarize Quail is the creator, draws on his board
experience as the ERM Director at Hydro One Networks Inc.
and it will give a phenomenal that is smaller than the normal
case of the enlighten ERM applications (Choi & et al, 2016).
Chapter 28. Reluctant General Counsel, this is smaller than the
normal case which is about the ERM execution at the product
organization and difficulties confronted with delineates when
the organization general direction has the reservation and it is
not happy to help the user. For more than the 20years the
creator, CPA, CRMA, Norman Marks, has been the official boss
review of the major worldwide companies and worldwide it was
a much-respected calling of evaluating inside.
Chapter 29. At Akawini Copper the Transforming Risk
Management. With the reasonable ideas of ISO 31000, it will
draw to demonstrate the frail way to deal with the hazards the
executives that can be progressively upgraded hearty and
complete by following the intelligent structure and the change
plan. For over the 35 years in hazard the executives the creator
6. Grant Purdy has worked over the wide scope of all the
businesses and in the excess of 25 nations (Leisser & et al,
2018).
References
Arnold, V., Benford, T. S., Hampton, C., & Sutton, S. G.
(2014). Enterprise Risk Management: Re-Conceptualizing the
Role of Risk and Trust on Information Sharing in Transnational
Alliances. Journal of Information Systems, 28(2), 257–
285. https://doi.org/10.2308/isys-50812
Choi, Y., Ye, X., Zhao, L., & Luo, A. (2016). Optimizing
enterprise risk management: a literature review and critical
analysis of the work of Wu and Olson. Annals of Operations
Research, 237(1/2), 281–300. https://doi.org/10.1007/s10479-
015-1789-5
Leisser, C., Hirnschall, N., Hackl, C., Döller, B., Varsits, R.,
Ullrich, M., Kefer, K., Karl, R., & Findl, O. (2018). Risk
factors for postoperative intraretinal cystoid changes after
peeling of idiopathic epiretinal membranes among patients
randomized for balanced salt solution and air‐tamponade. Acta
Ophthalmologica (1755375X), 96(4), e439–
e444. https://doi.org/10.1111/aos.13635
ITS 835
Chapters 26, 27, 28, 29
Mini-Cases on ERM and RIsk
Enterprise Risk Management
Professor Michael Solomon
Overview
7. • Collection of four mini-cases
• Leaves open ended questions
• Presents real life situations
• And needs for ERM
• Mini-Cases
• Bim Consultants Inc.
• Nerds Galore
• The Reluctant General Counsel
• Transforming Risk Management at Akawini Copper
Bim Consultants Inc.
• Consulting firm
• 10 offices in Canada
• 3,000 staff
• 30 partners
• “Customers are number one”
• But revenue is stagnant
• Opportunity to buy out competitor
• Purchase would double size and sales
• Negotiations must be kept confidential
8. Nerds Galore
• Canadian IT service company
• 12 offices
• 1,000 employees
• Grew from founder’s garage
• Shift from small start-ups to medium size customers
• High turnover of 20% is causing concern
• Decreasing customer satisfaction
• Steady revenue (for now)
Nerds Galore, cont’d.
• Strategy from new HR VP
• Attract the best talent
• Retain good people
• Manage talent
• Optimize the use of people
• Rely on outsourcers
• Executive team workshop to explore HR risks
• Inability to recruit people with needed skills
• Loss of staff with key internal knowledge
• Uncompetitive labor production
• Increased departures of skilled technical staff
• Loss of key business know-how
9. The Reluctant General Counsel
• Business Software Corporation (BSC)
• Silicon Valley, CA
• Annual revenue over $1 billion
• Board wants ERM
• Upper management supports establishing ERM
• EVP of development and general counsel
• Doesn’t want to be involved in ERM
• Risk discussions could be discoverable in lawsuits
• U.S. Securities and Exchange Commission (SEC)
• Requires disclosure of risks
• Recommendation is to not formally pursue ERM
Transforming Risk Management at
Akawini Copper
• Akawini Copper
• Mining company acquired by larger United Minerals
• Single mine and plant
• $774 million in revenue
• 1,500 employees
• United Minerals implemented ISO 31000 framework
• Substantially more sophisticated than Akawini’s RM
• Launched project to transform Akawini RM to ERM