WEEK 9 ASSIGNMENTDealing with Risk, Asymmetric Information, an.docxhelzerpatrina
WEEK 9 ASSIGNMENT
Dealing with Risk, Asymmetric Information, and Incentives
INTRODUCTION
Choice of a company
Continue research on Southwest Airlines, or
Select another company, or
Select the company you work for
Size of paper
Six to eight (6–8) pages
QUESTION 1
Evaluate a company’s recent (within the last year) actions dealing with risk and uncertainty. (10 %)
Difference between risk and uncertainty
Risk is how we characterize uncertainty about values that vary.
Risk is modeled using random variables multiplied by their probabilities.
Uncertainty refers to the distribution of the random variables.
Which probabilities should be assigned to the various values the random variables can take?
QUESTION 1
Evaluate a company’s recent (within the last year) actions dealing with risk and uncertainty. (10 %)
When you’re uncertain about the costs or benefits of a decision, replace numbers with random variables and compute expected costs and benefits.
Analyze common types of uncertainty and risk your company faces. For example:
Uncertainty in pricing
Uncertainty in dealing with suppliers and distributers
…
QUESTION 2
Offer advice for improving risk management. (15 %)
By modeling uncertainty, you can:
Learn to make better decisions
Identify the source(s) of risk in a decisions
Compute the value of collecting more information.
Difference-in-difference estimators are a good way to gather information about the benefits and costs of a decision.
The first difference is before versus after the decision or event.
The second difference is the difference between a control and an experimental group.
If you are facing a decision in which one of your alternatives would work well in one state of the world, and you are uncertain about which state of the world you are in, think about how to minimize expected error costs.
QUESTION 2
Offer advice for improving risk management. (15 %)
Uncertainty is unavoidable. To cope with uncertainty, gather more or better information.
Best Buy has used dispersed sets of non-experts to predict future variables, such as a holiday sales rate.
Google uses internal prediction markets to generate demand and usage forecasting.
The US Marines advise:
Because we can never eliminate uncertainty, we must learn to fight effectively despite it. We can do this by developing simple, flexible plans; planning for likely contingencies; developing standing operating procedures; and fostering initiative among subordinates.
QUESTION 3
Examine an adverse selection problem your company is facing and recommend how it should minimize its negative impact on transactions. (15 %)
Define adverse selection
Adverse selection is a problem that arises from information asymmetry—anticipate it, and, if you can, figure out how to consummate the unconsummated wealth-creating transaction (for example, how to make low-risk customers pay for health insurance).
Screening is an uninformed party’s effort to learn the information that the more informe ...
Running head SALES DECLINE AT MCDONALDS INC. .docxtoltonkendal
Running head: SALES DECLINE AT MCDONALDS INC. 1
SALES DECLINE AT MCDONALDS INC. 3
Sales Decline at McDonalds Inc.
Students’ Name
University Affiliation
Date
Business Decision Making
Sales Decline at McDonalds Inc.
This was an intriguing task and after much thought, the company I chose is McDonalds. McDonalds is the world's biggest chain of fast food eateries serving various countries over the world. McDonald’s eatery has worked as far as franchisee, subsidiary or the collaboration. The company picks up income from rent, charges and eminences from its establishments and deals from its worked stores. The company offers diverse items including cheeseburgers, chicken, French fries, milkshakes and pastries among numerous different things. In light of the arrangement of the company, McDonalds does not make any immediate offers of sustenance items rather composes and underpins the supply of nourishment to eateries through legitimized outsider administrators.
Sales Decline Problem
McDonald income fell by 11% in the principal quarter of 2015, which mirrors the antagonistic deals fall experienced. The company is attempting to enhance its deals because of the negative gauges among its sections. The administration of the company is continually trying to enhance the aggressiveness of the company towards addressing the shopper's needs. This would help in enhancing the general deals development and execution (Ritchie, Lewis, Nicholls and Ormston, 2013). The recently presented menu things and advancements neglected to pull in new clients from its rivals. For instance, its stores in France and Russia neglected to counterbalance the opposition in the UK. This has constrained McDonald to close some of its failing to meet expectations eateries in U.S and China.
Research Variable
One exploration variable is units of offers incomes sold by the company. Deals incomes are a critical variable, which demonstrates compelling in comprehension the nature and ramifications of the business decay issue. The comprehension and examination on the measure of the business income will be helpful in comprehension the issue confronting McDonalds Inc. The business variable is an autonomous variable, which relies on upon different variables including the advancement levels and accomplishment of showcasing effort. Therefore, the comprehension of the variable is basic in advancing the general exploration of the business decrease issue.
Straight Regression is the procedure of setting up a direct connection between to variables. In relapse, the normal slightest square strategy is utilized to build up direct connection between two variables.
The invalid theory of relapse is that the autonomous variable does not altogether influence the needy variable or β = 0. The substitute speculation is the free variable does not fundamentally influence subordinate variable or ...
Spry organizations need to have the option to quickly change on all fronts, including Marketing. Organizations are keen on advertising that is light-footed on the grounds that they trust it will assist them with conveying the correct components of the promoting blend at the perfect chance to impact the particular result they need to accomplish.
WEEK 9 ASSIGNMENTDealing with Risk, Asymmetric Information, an.docxhelzerpatrina
WEEK 9 ASSIGNMENT
Dealing with Risk, Asymmetric Information, and Incentives
INTRODUCTION
Choice of a company
Continue research on Southwest Airlines, or
Select another company, or
Select the company you work for
Size of paper
Six to eight (6–8) pages
QUESTION 1
Evaluate a company’s recent (within the last year) actions dealing with risk and uncertainty. (10 %)
Difference between risk and uncertainty
Risk is how we characterize uncertainty about values that vary.
Risk is modeled using random variables multiplied by their probabilities.
Uncertainty refers to the distribution of the random variables.
Which probabilities should be assigned to the various values the random variables can take?
QUESTION 1
Evaluate a company’s recent (within the last year) actions dealing with risk and uncertainty. (10 %)
When you’re uncertain about the costs or benefits of a decision, replace numbers with random variables and compute expected costs and benefits.
Analyze common types of uncertainty and risk your company faces. For example:
Uncertainty in pricing
Uncertainty in dealing with suppliers and distributers
…
QUESTION 2
Offer advice for improving risk management. (15 %)
By modeling uncertainty, you can:
Learn to make better decisions
Identify the source(s) of risk in a decisions
Compute the value of collecting more information.
Difference-in-difference estimators are a good way to gather information about the benefits and costs of a decision.
The first difference is before versus after the decision or event.
The second difference is the difference between a control and an experimental group.
If you are facing a decision in which one of your alternatives would work well in one state of the world, and you are uncertain about which state of the world you are in, think about how to minimize expected error costs.
QUESTION 2
Offer advice for improving risk management. (15 %)
Uncertainty is unavoidable. To cope with uncertainty, gather more or better information.
Best Buy has used dispersed sets of non-experts to predict future variables, such as a holiday sales rate.
Google uses internal prediction markets to generate demand and usage forecasting.
The US Marines advise:
Because we can never eliminate uncertainty, we must learn to fight effectively despite it. We can do this by developing simple, flexible plans; planning for likely contingencies; developing standing operating procedures; and fostering initiative among subordinates.
QUESTION 3
Examine an adverse selection problem your company is facing and recommend how it should minimize its negative impact on transactions. (15 %)
Define adverse selection
Adverse selection is a problem that arises from information asymmetry—anticipate it, and, if you can, figure out how to consummate the unconsummated wealth-creating transaction (for example, how to make low-risk customers pay for health insurance).
Screening is an uninformed party’s effort to learn the information that the more informe ...
Running head SALES DECLINE AT MCDONALDS INC. .docxtoltonkendal
Running head: SALES DECLINE AT MCDONALDS INC. 1
SALES DECLINE AT MCDONALDS INC. 3
Sales Decline at McDonalds Inc.
Students’ Name
University Affiliation
Date
Business Decision Making
Sales Decline at McDonalds Inc.
This was an intriguing task and after much thought, the company I chose is McDonalds. McDonalds is the world's biggest chain of fast food eateries serving various countries over the world. McDonald’s eatery has worked as far as franchisee, subsidiary or the collaboration. The company picks up income from rent, charges and eminences from its establishments and deals from its worked stores. The company offers diverse items including cheeseburgers, chicken, French fries, milkshakes and pastries among numerous different things. In light of the arrangement of the company, McDonalds does not make any immediate offers of sustenance items rather composes and underpins the supply of nourishment to eateries through legitimized outsider administrators.
Sales Decline Problem
McDonald income fell by 11% in the principal quarter of 2015, which mirrors the antagonistic deals fall experienced. The company is attempting to enhance its deals because of the negative gauges among its sections. The administration of the company is continually trying to enhance the aggressiveness of the company towards addressing the shopper's needs. This would help in enhancing the general deals development and execution (Ritchie, Lewis, Nicholls and Ormston, 2013). The recently presented menu things and advancements neglected to pull in new clients from its rivals. For instance, its stores in France and Russia neglected to counterbalance the opposition in the UK. This has constrained McDonald to close some of its failing to meet expectations eateries in U.S and China.
Research Variable
One exploration variable is units of offers incomes sold by the company. Deals incomes are a critical variable, which demonstrates compelling in comprehension the nature and ramifications of the business decay issue. The comprehension and examination on the measure of the business income will be helpful in comprehension the issue confronting McDonalds Inc. The business variable is an autonomous variable, which relies on upon different variables including the advancement levels and accomplishment of showcasing effort. Therefore, the comprehension of the variable is basic in advancing the general exploration of the business decrease issue.
Straight Regression is the procedure of setting up a direct connection between to variables. In relapse, the normal slightest square strategy is utilized to build up direct connection between two variables.
The invalid theory of relapse is that the autonomous variable does not altogether influence the needy variable or β = 0. The substitute speculation is the free variable does not fundamentally influence subordinate variable or ...
Spry organizations need to have the option to quickly change on all fronts, including Marketing. Organizations are keen on advertising that is light-footed on the grounds that they trust it will assist them with conveying the correct components of the promoting blend at the perfect chance to impact the particular result they need to accomplish.
Risk is the effect of uncertainty to on objectives. Risk can be negative or positive. When Risks are converted into opportunity, it create huge success.
This is the fourth in a series of briefs examining practical considerations in the design and implementation of a strategic purchasing pilot project among private general practitioners (GPs) in Myanmar. This pilot aims to start developing the important functions of, and provide valuable lessons around, contracting of health providers and purchasing that will contribute to the broader health financing agenda. More specifically, it is introducing a blended payment system that mixes capitation payments and performance-based incentives to reduce households’ out-of-pocket spending and incentivize providers to deliver an essential package of primary care services.
Communiqué features articles focusing on the latest hot topics for anesthesiologists, nurse anesthetists, pain management specialists and anesthesia practice administrators.
Communique is created by Anesthesia Business Consultants (ABC), the largest physician billing and practice management company specializing exclusively in the practice of anesthesia and pain management.
ABC serves several thousand anesthesiologists and CRNAs nationwide with anesthesia billing software solutions.
Please send your email address to info [at] anesthesiallc [dot] com if you would like to join the Communique mailing list!
Visit www.anesthesiallc.com for more information!
Revista de Asisten] Social, anul X, nr. 12011, 25-33 25.docxmalbert5
Revista de Asisten]\ Social\, anul X, nr. 1/2011, 25-33 25
Measuring Effectiveness
in Direct Social Work Practice
Bradford W. Sheafor*
Abstract. In many parts of the world social workers are increasingly expected to
provide documentation of the effectiveness of their services. One useful approach to
such documentation is to measure the amount of change clients experience relative to
the issues in their lives being addressed with the social worker. This is one expression
of the popular demand for evidence-based practice: evidence-based evaluation. While
it is not possible to prove that a social worker�s intervention caused the change,
empirical documentation of change can be shown to be associated with the intervention
and the work of the social worker. This trend is somewhat controversial in social work
and, indeed, there are advantages and disadvantages to efforts to quantify client
change. In this article a process is described for conducting an evidence-based evalu-
ation of client change when working in a direct service capacity, i.e., face-to-face
intervention with individuals, families, and groups. In addition to the usual process
followed in assessing and intervening to help change the client situation, additional
steps in the process are to: 1) generate researchable questions that will inform the
social worker�s actions with this client (formative research) or provide summary infor-
mation about the practice outcomes (summative research) to inform future practice
activities; 2) quantitatively measure change in the important variables related to the
issue(s) being addressed; 3) organize the resulting data in a format that helps to
interpret the client outcomes.
Keywords: direct practice evaluation, evidence-based practice, measurement, single-
-subject designs, empirical practice evaluation
Introduction
As social work has evolved, at least in industrialized nations, simply asserting that we are
doing good when serving our clients is increasingly viewed with suspicion. When called upon
to prove that our interventions make a difference for clients, social workers are often
hard-pressed to uphold their claims of success-or defend against others� claims of our failures.
How can we accurately determine if we are truly helping our clients? One approach is
to ask the opinions of the clients who clearly have an important perspective on our work.
However, there are serious limitations to client assessments of the social worker�s perfor-
mance. Clients may not have an accurate basis of comparison to other service providers,
* School of Social Work, Colorado State University, 119 Education Building, Fort Collins, CO
80523, USA, Tel.: (970) 4915654, E-mail: [email protected]
B.W. Sheafor / Measuring Effectiveness in Direct Social Work Practice26
may base their judgments or disliking the social worker as opposed to assessing his or her
competence in addressing the issues, and the client�s assessment may be subject to manipu-
lation as s.
Risk Breakdown Structure SUBURBAN HOMES CONSTRUCTION PRO.docxmalbert5
Risk Breakdown Structure
SUBURBAN HOMES CONSTRUCTION PROJECT
RISK BREAKDOWN STRUCTURE
OPERATIONAL STRATEGIC FINANCE EXTERNAL PROJECT
MANAGEMENT
Employee
Attitude
Delay in getting
accurate
information from
clients
Fluctuation of
Currency
Weather
Conditions
Unrealistic WBS
Office Culture Delay in getting
government
approvals
Loss of Financial
Partners
Natural Disasters Unrealistic
Resource
Allocation
Business
Processes
Indecisive Clients Drop in the
Market for
Investments
Site Conditions Ineffective
Communication
Availability of
Skills
Scope Creep Material Delay Inaccurate
Estimation
Unplanned Leaves Purchasing Error Labor Shortage Inaccurate
Planning Material Theft Site Accidents Installation Error
by Consultants System Failure
Running head: RISK BREAKDOWN STRUCTURE 1
RISK BREAKDOWN STRUCTURE3
Risk Breakdown Structure for Suburban Homes Project
Jagadish Thiruvayipati
University of the Cumberlands.
Risk Breakdown Structure for Suburban Homes Project
To ensure project success, risks must be effectively managed to keep the project on track. Below is a hierarchical structure of risk breakdown for the suburban homes construction project.
Level 0
Level 1
Level 2
Level 3
Project risk
Project Management
Customer and stakeholder
History and experience with home buyers and culture of local residents around new homes
Definition and stability of customer requirements
contractual
Corporate
The history, experience and culture of suburban homes project
Stability of the organization
Financials of suburban homes project
External
Regulators
Interest groups in the suburban project
Political factors and influence from the environment
Legal issues from the authorities e.g. labor laws and environmental laws
Local community
Opinion on the project
Benefits the community gains from the project
Contractors and subcontractors
Financial market
Labor market for the labor they hire
Labor conditions employees will engage in
Technology
Requirements
Complexity of the technology to be used
Conditions of using the new designs or technology
Scope uncertainty among contractors and project team
Performance
Technology limits
Technology maturity
Application
Organizational experience in using the specific technology for new homes
Physical resources to apply the technology
Personnel skill sets and experience needed to apply the technology
Organizational
Prioritization
Project priority
Decision making
Stability and timely
Contemporary
Project Management
Timothy J. Kloppenborg
•
Vittal Anantatmula
•
Kathryn N. Wells
F O U R T H E D I T I O N
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. WCN 02-200-203
MS Project 2016 Instructions in Contemporary Project Management 4e
Chapter MS Project
3 MS Project 2016 Introduction
Ribbon, Q.
Rewriting the rules for the digital age2017 Deloitte Global .docxmalbert5
Rewriting the rules for the digital age
2017 Deloitte Global Human Capital Trends
COVER AND CHAPTER ILLUSTRATIONS BY LUCIE RICE
Start exploring with an
augmented reality journey
Get a new perspective on the 10 Global Human
Capital Trends for 2017 by downloading the free
Aurasma app from your preferred app store.
Once you have downloaded the app, launch
your AR journey by holding your tablet or phone
over the report cover.
Deloitte’s Human Capital professionals leverage research,
analytics, and industry insights to help design and
execute the HR, talent, leadership, organization, and
change programs that enable business performance
through people performance. Visit the Human
Capital area of www.deloitte.com to learn more.
Rewriting the rules for the digital age
PREFACE
WELCOME to Deloitte’s fifth annual Global Human Capital Trends report and survey. This year’s report takes stock of the challenges ahead for business and HR leaders in a dramatically changing digital, economic, demographic, and social landscape. In an age of disruption, business and HR
leaders are being pressed to rewrite the rules for how they organize, recruit, develop, manage, and engage the
21st-century workforce.
This workforce is changing. It’s more digital, more global, diverse, automation-savvy, and social media-
proficient. At the same time, business expectations, needs, and demands are evolving faster than ever before.
While some view this as a challenge, we see it as an opportunity. An opportunity to reimagine HR, talent, and
organizational practices. An opportunity to create platforms, processes, and tools that will continue to evolve
and sustain their value over time. An opportunity to take the lead in what will likely be among the most signifi-
cant changes to the workforce that we have seen.
Hence, our call for new rules for HR in the digital age.
The 2017 report began last summer with us reaching out to hundreds of organizations, academics, and practi-
tioners around the world. This year, it includes a survey of more than 10,000 HR and business leaders across
140 countries. The report reveals how leaders are turning to new organizational models that highlight the
networked nature of today’s world of work; innovation-based HR platforms; learning and career programs
driven by social and cognitive technologies; and employee experience strategies that put the workforce at the
center. The report closes with a discussion of the future of work amid the changes being driven by advances in
automation and an expanded definition of the workforce.
We are pleased to present this year’s Global Human Capital Trends report and survey and look forward to
your comments. 2017 is positioned to be a year of change as we all manage new levels of transformation and
disruption. The only question now is: Are you ready?
Brett Walsh
Global leader, Human Capital
Deloitte LLP
Erica Volini
US leader, Human Capital
Deloitte Consulting LLP
CONTE.
Revising Organizational CultureRecently it was announced tha.docxmalbert5
Revising Organizational Culture
Recently it was announced that two major hospital systems would be merging their services in to one entity. Both are comprised of multiple hospital units and specialty clinics. While on the surface, this has been touted as an economical move with substantial savings to both parties and the potential to solidify their market share, there are as yet many barriers to overcome.
For instance, one system has its roots as a Catholic entity, while the other began with its origins as a Jewish facility.
The medical staff is divided on whether the merger is good for patients and their practices. Both groups of employees are understandably unsettled as it is uncertain who of the senior administrative staff will remain. The organizational culture of both institutions is also of major concern.
Given these circumstances, what form or model(s) of leadership would you bring to bear? Describe in detail the steps you would take to redirect the mission and vision of this new emerging entity.
Use your Journal scenario attached.
.
Risk Factors for Heart DiseaseWhat are the risk factors for he.docxmalbert5
Risk Factors for Heart Disease
What are the risk factors for heart problems that a person can and cannot control? What is the difference between "control" and "management" of a risk factor? How do you encourage people to make necessary changes to their lifestyle?
Use the material in the text and lecture to support your response. Use proper APA citation.
.
Risk Factors for Child Maltreatment Types of Maltr.docxmalbert5
Risk Factors for Child
Maltreatment
Types of Maltreatment
Physical abuse – nonaccidental injury
inflicted by a caregiver
Sexual abuse – the use of a child for the
sexual gratification of an adult
Psychological maltreatment
◦ Includes emotional abuse and emotional neglect
Neglect – act of omission
◦ Physical neglect
◦ Medical neglect
◦ Educational neglect
Types of Factors
Potentiating: increase risk for maltreatment
Compensatory: buffers, decreases risk
------------------------------------------------------
Transient – temporary
◦ Temporary unemployment, loss of a loved one
Enduring – ongoing; chronic
◦ Chronic unemployment; untreated mental health
issues
------------------------------------------------------
Applied to each level of analysis
http://faculty.weber.edu/tlday/1500/systems.jpg
Levels of Analysis of Each Instance of
Maltreatment
Macrosystemic: broad cultural values and beliefs
in the larger society
Exosystemic: social structures that form the
immediate context in which families and
individuals function (e.g., neighborhood, school)
Microsystemic: environmental setting that
contains the developing person (e.g., family,
classroom)
Ontogenetic: factors within the child
Macrosystemic Issues
Acceptability of violence
◦ Levels of violent crime, presence of weapons
◦ Levels of violence in media
◦ Acceptance of corporal punishment
Sexualization of children
Individualism
◦ Focus on nuclear family both fully responsible for and
controlling of children
◦ Geographical isolation of families with children
Values/definitions of work
Exosystemic Issue:
Poverty
Poverty as a stressor: inadequate resources,
feelings of disempowerment (becomes a
microsystemic issue)
Poverty places individuals in less safe
environments, requiring more parental effort to
protect
Poverty places individuals in resource scarce
environments
Increasingly poor urban areas are places to which
people are not committed - less sense of
community
Microsystemic Issues
History of abuse in parents
Mental illness in parents
Substance abuse in parents
Domestic violence
Problematic parenting practices
Lack of social support
Mental Health Issues in Parents
Mental illness impacts childrearing
Mental health issues increase risk of
substance abuse, especially in women
Personality disorders are thought to be
most common mental health problem
◦ Core component of an individual’s way of
perceiving the world
◦ Often go unrecognized as mental illness
among child welfare workers
History of Child Abuse in Parents
Child abuse in parents may result in
mental health issues (depression, PTSD)
Attachment impairment
Lack of modeling of appropriate parenting
behaviors
Substance Abuse
Direct physical effects on fetus
◦ Critical issue: should prenatal maternal
substa.
Risk involves uncertainty, the lack of knowledge of future event.docxmalbert5
Risk involves uncertainty, the lack of knowledge of future events, and the measures of profitability and consequences of not achieving the project goal. Your organization has decided that, to be successful in the global economy, it must expand its supply base into China or another country approved by your faculty member. This has become a strategic project for the organization.
Select
an organization with which you are familiar as the basis of the paper.
Write
a 1,400- to 1,750-word paper in which you address the following risk management items for this supplier global expansion project:
Describe the objectives and goals, tools and techniques, and organizational roles and responsibilities for effective risk management for the project.
Describe various information sources that may be used by the project team for risk identification.
Identify and describe the risk management documentation that will be required for the project. Examples include RMP and risk management log or register.
Explain the role of risk management in the project planning process.
Create
a risk breakdown structure that outlines the organization's risk categories.
Consider
the following categories:
Project risks
Business
Contract relationships with customers and suppliers
Management
Political
Organizational risks
Project management risks
Cost estimates
Schedule estimates
Communication
Technical risks
Production risks
Manufacturing concerns
Logistics
Support risks
Maintainability
Warranty
External risks
Procurement
Material availability
Lead times
Quality
Market
Format
your paper consistent with APA guidelines.
Submit
your paper and risk breakdown structure.
Resources
Center for Writing Excellence
Reference and Citation Generator
Grammar Assistance
.
Risk and Resistance Risk Acceptance and Protesting Beha.docxmalbert5
Risk and Resistance: Risk Acceptance and Protesting Behavior in Democratic and
Non-Democratic Countries
Abstract
Kam’s (2012) theoretical framework argues that risk-accepting individuals participate in politics
because they enjoy exciting and novel activities. Given that nondemocracies are more repressive
than democracies, how might individuals’ acceptance of risk and system of government influence
the decision to protest? Using data from the 2005-2014 World Values Survey, I find that highly risk-
accepting individuals in democratic countries are much more likely to report a willingness to
participate in future political boycotts than their less risk-accepting counterparts. Substantively, the
results indicate that highly risk-accepting individuals are 52% and 41% more likely to boycott in
median democratic countries compared to other members of society depending on whether one
uses Freedom House or Polity IV scores. Further, I find no evidence that risk acceptance influences
demonstrating or petitioning. Low risk-accepting individuals are more hesitant in their willingness to
risk life and limb by challenging the status quo in democratic and non-democratic countries.
2
1 Introduction
Why are some citizens willing to protest their government while others passively turn a blind eye
and abstain? Scholars offer three schools of thought regarding individual protest behavior. The first,
disaffected radicalism, argues that protesters are unsatisfied with or alienated from traditional
representative channels (Gurr 1970). Second, strategic resource scholars suggest that protests are a
function of civic expression rather than disaffection with the political process (Inglehart 1977; 1997).
A third school argues the decision to protest is dependent upon the context of the political
environment rather than any generalizable motivation.
Scholars dedicate a plethora of resources to better understand why individuals participate in
politics generally, and protests specifically, because political participation increases democratic
satisfaction (Anderson et al. 2005; Blais & Gélineau 2007) and political equality (Rosenstone &
Hansen 1993). Further, protests are often successful, lead to political change, and allow citizens to
express their grievances and policy preferences to political elites (Celestino & Gleditsch 2013;
Hooghe & Marien 2014; Stephan & Chenoweth 2008). By considering additional explanations of
protest behavior, scholars can better understand how and why some governments are more
responsive to citizen preferences than others.
Psychology scholars offer valuable insight into this debate by considering individuals’ risk
acceptance, defined as the extent to which individuals seek out risky behaviors and uncertain
outcomes (Ehrlich & Maestas 2010; Weber, Blais, & Betz 2002). Risk-accepting individuals are
generally comfortable with uncertainty (Ehrlich & Maestas 2010; Le.
Risk and Threat Assessment Report Anthony WolfBSA 5.docxmalbert5
Risk and Threat Assessment Report
Anthony Wolf
BSA/ 520
May 11th, 2020
Jeffery McDonough
Running head: RISK AND THREAT ASSESSMENT REPORT
1
RISK AND THREAT ASSESMENT REPORT
2
Risk and Threat Assessment Report
The rise of innovation and technological advancement has affected the aspects of technology in different ways. Improvement of software and operating systems gives hackers a reason to strive and develop more complex forms of overweighing security measures on those applications. Traditional application security best practices and secure coding are often recommended in protecting different applications against runtime attacks.
Runtime application self-protection is an emerging application in the protection of software applications, data, and databases. The increase in attacks has triggered the development of security technology that is linked or build into an application runtime environment. Besides, database deployment is safeguarded by run time application self-protection that can control the execution of applications, detecting, and preventing real-time attacks. The threats and risks associated with operating systems, networks, and software systems are significant concerns to users.
The internet has changed how people do their businesses. With the growth of e-commerce and other online transactions, there has been a subsequent increase in internet risk threats that are commonly occasioned by hacking and malware attacks. There are different types of e-commerce threats and might be accidental, deliberately done by perpetrators, or occur due to human error. The most prevalent threats are money theft, unprotected services, credit card fraud, hacking, data misuse, and phishing attacks. Heats associated with online transactions can be prevented or reduced by keeping the credit cards safe. Consumers/customers should be advised to avoid carrying their credit cards in their wallets since they increase the chances of misplacement. Each buyer should be cautious when using their you’re their online credit information.
The advancement in technology has seen an increase in online transactions. The practice of doing business transactions via the internet is called e-commerce. Their growth has subsequently lead to the rise in internet risk threats that are commonly occasioned by hacking and malware attacks. E-commerce is the activity of conducting transactions via the internet. Internet transactions can be drawn on various technologies, including internet marketing, electronic data exchanges, automated data collection systems, electronic fund transfer, and mobile commerce.
Online transaction threats occur by using the internet for unfair means with the aim of fraud, security breach, and stealing. The use of electronic payment systems has a substantial risk of fraud. It uses the identity of a customer to authorize a payment like security questions and passwords. If someone accesses a customer's password, he will gain access to his accounts and.
Rise of the Machines” Is Not a Likely FutureEvery new technolog.docxmalbert5
“Rise of the Machines” Is Not a Likely Future
Every new technology brings its own nightmare scenarios. Artificial intelligence (AI) and robotics are no exceptions. Indeed, the word “robot” was coined for a 1920 play that dramatized just such a doomsday for humanity.
Recently, an open letter about the future of AI, signed by a number of high-profile scientists and entrepreneurs, spurred a new round of harrowing headlines like “Top Scientists Have an Ominous Warning about Artificial Intelligence,” and “Artificial Intelligence Experts Sign Open Letter to Protect Mankind from Machines.” The implication is that the machines will one
day displace humanity.
Let’s get one thing straight: a world in which humans are enslaved or destroyed by superintelligent machines of our own creation is purely science fiction. Like every other technology, AI has risks and benefits, but we cannot let fear dominate the conversation or guide AI research. Nevertheless, the idea of dramatically changing the AI research agenda to focus on AI “safety” is the primary message of a group calling itself the Future of Life Institute (FLI). FLI includes a handful of deep thinkers and public figures such as Elon Musk and Stephen Hawking and worries about the day in which humanity is steamrolled by powerful programs run a muck.
As eloquently described in the book Superintelligence: Paths, Dangers, Strategies by FLI advisory board member and Oxford-based philosopher Nick Bostrom, the plot unfolds in three parts. In the first part—roughly where we are now—computational power and intelligent software develops at an increasing pace through the toil of scientists and engineers. Next, a breakthrough is made: programs are created that possess intelligence on par with humans. These programs, running on increasingly fast computers, improve themselves extremely rapidly, resulting in a runaway “intelligence explosion.” In the third and final act, a singular super-intelligence takes hold—outsmarting, outmaneuvering, and ultimately outcompeting the entirety of humanity and perhaps life itself. End scene.
Let’s take a closer look at this apocalyptic storyline. Of the three parts, the first is indeed happening now and Bostrom provides cogent and illuminating glimpses into current and near-future technology. The third part is a philosophical romp exploring the consequences of supersmart machines. It’s that second part—the intelligence explosion—that demonstrably violates what we know of computer science and natural intelligence.
Runaway Intelligence?
The notion of the intelligence explosion arises from Moore’s Law, the observation that the speed of computers has been increasing exponentially since the 1950s. Project this trend forward and we’ll see computers with the computational power of the entire human race within the next few decades. It’s a leap to go from this idea to unchecked growth of machine intelligence, however.
First, ingenuity is not the sole bottleneck to developing faster com.
More Related Content
Similar to Risk Assessment(50 points)Directions Use the case study t.docx
Risk is the effect of uncertainty to on objectives. Risk can be negative or positive. When Risks are converted into opportunity, it create huge success.
This is the fourth in a series of briefs examining practical considerations in the design and implementation of a strategic purchasing pilot project among private general practitioners (GPs) in Myanmar. This pilot aims to start developing the important functions of, and provide valuable lessons around, contracting of health providers and purchasing that will contribute to the broader health financing agenda. More specifically, it is introducing a blended payment system that mixes capitation payments and performance-based incentives to reduce households’ out-of-pocket spending and incentivize providers to deliver an essential package of primary care services.
Communiqué features articles focusing on the latest hot topics for anesthesiologists, nurse anesthetists, pain management specialists and anesthesia practice administrators.
Communique is created by Anesthesia Business Consultants (ABC), the largest physician billing and practice management company specializing exclusively in the practice of anesthesia and pain management.
ABC serves several thousand anesthesiologists and CRNAs nationwide with anesthesia billing software solutions.
Please send your email address to info [at] anesthesiallc [dot] com if you would like to join the Communique mailing list!
Visit www.anesthesiallc.com for more information!
Revista de Asisten] Social, anul X, nr. 12011, 25-33 25.docxmalbert5
Revista de Asisten]\ Social\, anul X, nr. 1/2011, 25-33 25
Measuring Effectiveness
in Direct Social Work Practice
Bradford W. Sheafor*
Abstract. In many parts of the world social workers are increasingly expected to
provide documentation of the effectiveness of their services. One useful approach to
such documentation is to measure the amount of change clients experience relative to
the issues in their lives being addressed with the social worker. This is one expression
of the popular demand for evidence-based practice: evidence-based evaluation. While
it is not possible to prove that a social worker�s intervention caused the change,
empirical documentation of change can be shown to be associated with the intervention
and the work of the social worker. This trend is somewhat controversial in social work
and, indeed, there are advantages and disadvantages to efforts to quantify client
change. In this article a process is described for conducting an evidence-based evalu-
ation of client change when working in a direct service capacity, i.e., face-to-face
intervention with individuals, families, and groups. In addition to the usual process
followed in assessing and intervening to help change the client situation, additional
steps in the process are to: 1) generate researchable questions that will inform the
social worker�s actions with this client (formative research) or provide summary infor-
mation about the practice outcomes (summative research) to inform future practice
activities; 2) quantitatively measure change in the important variables related to the
issue(s) being addressed; 3) organize the resulting data in a format that helps to
interpret the client outcomes.
Keywords: direct practice evaluation, evidence-based practice, measurement, single-
-subject designs, empirical practice evaluation
Introduction
As social work has evolved, at least in industrialized nations, simply asserting that we are
doing good when serving our clients is increasingly viewed with suspicion. When called upon
to prove that our interventions make a difference for clients, social workers are often
hard-pressed to uphold their claims of success-or defend against others� claims of our failures.
How can we accurately determine if we are truly helping our clients? One approach is
to ask the opinions of the clients who clearly have an important perspective on our work.
However, there are serious limitations to client assessments of the social worker�s perfor-
mance. Clients may not have an accurate basis of comparison to other service providers,
* School of Social Work, Colorado State University, 119 Education Building, Fort Collins, CO
80523, USA, Tel.: (970) 4915654, E-mail: [email protected]
B.W. Sheafor / Measuring Effectiveness in Direct Social Work Practice26
may base their judgments or disliking the social worker as opposed to assessing his or her
competence in addressing the issues, and the client�s assessment may be subject to manipu-
lation as s.
Risk Breakdown Structure SUBURBAN HOMES CONSTRUCTION PRO.docxmalbert5
Risk Breakdown Structure
SUBURBAN HOMES CONSTRUCTION PROJECT
RISK BREAKDOWN STRUCTURE
OPERATIONAL STRATEGIC FINANCE EXTERNAL PROJECT
MANAGEMENT
Employee
Attitude
Delay in getting
accurate
information from
clients
Fluctuation of
Currency
Weather
Conditions
Unrealistic WBS
Office Culture Delay in getting
government
approvals
Loss of Financial
Partners
Natural Disasters Unrealistic
Resource
Allocation
Business
Processes
Indecisive Clients Drop in the
Market for
Investments
Site Conditions Ineffective
Communication
Availability of
Skills
Scope Creep Material Delay Inaccurate
Estimation
Unplanned Leaves Purchasing Error Labor Shortage Inaccurate
Planning Material Theft Site Accidents Installation Error
by Consultants System Failure
Running head: RISK BREAKDOWN STRUCTURE 1
RISK BREAKDOWN STRUCTURE3
Risk Breakdown Structure for Suburban Homes Project
Jagadish Thiruvayipati
University of the Cumberlands.
Risk Breakdown Structure for Suburban Homes Project
To ensure project success, risks must be effectively managed to keep the project on track. Below is a hierarchical structure of risk breakdown for the suburban homes construction project.
Level 0
Level 1
Level 2
Level 3
Project risk
Project Management
Customer and stakeholder
History and experience with home buyers and culture of local residents around new homes
Definition and stability of customer requirements
contractual
Corporate
The history, experience and culture of suburban homes project
Stability of the organization
Financials of suburban homes project
External
Regulators
Interest groups in the suburban project
Political factors and influence from the environment
Legal issues from the authorities e.g. labor laws and environmental laws
Local community
Opinion on the project
Benefits the community gains from the project
Contractors and subcontractors
Financial market
Labor market for the labor they hire
Labor conditions employees will engage in
Technology
Requirements
Complexity of the technology to be used
Conditions of using the new designs or technology
Scope uncertainty among contractors and project team
Performance
Technology limits
Technology maturity
Application
Organizational experience in using the specific technology for new homes
Physical resources to apply the technology
Personnel skill sets and experience needed to apply the technology
Organizational
Prioritization
Project priority
Decision making
Stability and timely
Contemporary
Project Management
Timothy J. Kloppenborg
•
Vittal Anantatmula
•
Kathryn N. Wells
F O U R T H E D I T I O N
Copyright 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. WCN 02-200-203
MS Project 2016 Instructions in Contemporary Project Management 4e
Chapter MS Project
3 MS Project 2016 Introduction
Ribbon, Q.
Rewriting the rules for the digital age2017 Deloitte Global .docxmalbert5
Rewriting the rules for the digital age
2017 Deloitte Global Human Capital Trends
COVER AND CHAPTER ILLUSTRATIONS BY LUCIE RICE
Start exploring with an
augmented reality journey
Get a new perspective on the 10 Global Human
Capital Trends for 2017 by downloading the free
Aurasma app from your preferred app store.
Once you have downloaded the app, launch
your AR journey by holding your tablet or phone
over the report cover.
Deloitte’s Human Capital professionals leverage research,
analytics, and industry insights to help design and
execute the HR, talent, leadership, organization, and
change programs that enable business performance
through people performance. Visit the Human
Capital area of www.deloitte.com to learn more.
Rewriting the rules for the digital age
PREFACE
WELCOME to Deloitte’s fifth annual Global Human Capital Trends report and survey. This year’s report takes stock of the challenges ahead for business and HR leaders in a dramatically changing digital, economic, demographic, and social landscape. In an age of disruption, business and HR
leaders are being pressed to rewrite the rules for how they organize, recruit, develop, manage, and engage the
21st-century workforce.
This workforce is changing. It’s more digital, more global, diverse, automation-savvy, and social media-
proficient. At the same time, business expectations, needs, and demands are evolving faster than ever before.
While some view this as a challenge, we see it as an opportunity. An opportunity to reimagine HR, talent, and
organizational practices. An opportunity to create platforms, processes, and tools that will continue to evolve
and sustain their value over time. An opportunity to take the lead in what will likely be among the most signifi-
cant changes to the workforce that we have seen.
Hence, our call for new rules for HR in the digital age.
The 2017 report began last summer with us reaching out to hundreds of organizations, academics, and practi-
tioners around the world. This year, it includes a survey of more than 10,000 HR and business leaders across
140 countries. The report reveals how leaders are turning to new organizational models that highlight the
networked nature of today’s world of work; innovation-based HR platforms; learning and career programs
driven by social and cognitive technologies; and employee experience strategies that put the workforce at the
center. The report closes with a discussion of the future of work amid the changes being driven by advances in
automation and an expanded definition of the workforce.
We are pleased to present this year’s Global Human Capital Trends report and survey and look forward to
your comments. 2017 is positioned to be a year of change as we all manage new levels of transformation and
disruption. The only question now is: Are you ready?
Brett Walsh
Global leader, Human Capital
Deloitte LLP
Erica Volini
US leader, Human Capital
Deloitte Consulting LLP
CONTE.
Revising Organizational CultureRecently it was announced tha.docxmalbert5
Revising Organizational Culture
Recently it was announced that two major hospital systems would be merging their services in to one entity. Both are comprised of multiple hospital units and specialty clinics. While on the surface, this has been touted as an economical move with substantial savings to both parties and the potential to solidify their market share, there are as yet many barriers to overcome.
For instance, one system has its roots as a Catholic entity, while the other began with its origins as a Jewish facility.
The medical staff is divided on whether the merger is good for patients and their practices. Both groups of employees are understandably unsettled as it is uncertain who of the senior administrative staff will remain. The organizational culture of both institutions is also of major concern.
Given these circumstances, what form or model(s) of leadership would you bring to bear? Describe in detail the steps you would take to redirect the mission and vision of this new emerging entity.
Use your Journal scenario attached.
.
Risk Factors for Heart DiseaseWhat are the risk factors for he.docxmalbert5
Risk Factors for Heart Disease
What are the risk factors for heart problems that a person can and cannot control? What is the difference between "control" and "management" of a risk factor? How do you encourage people to make necessary changes to their lifestyle?
Use the material in the text and lecture to support your response. Use proper APA citation.
.
Risk Factors for Child Maltreatment Types of Maltr.docxmalbert5
Risk Factors for Child
Maltreatment
Types of Maltreatment
Physical abuse – nonaccidental injury
inflicted by a caregiver
Sexual abuse – the use of a child for the
sexual gratification of an adult
Psychological maltreatment
◦ Includes emotional abuse and emotional neglect
Neglect – act of omission
◦ Physical neglect
◦ Medical neglect
◦ Educational neglect
Types of Factors
Potentiating: increase risk for maltreatment
Compensatory: buffers, decreases risk
------------------------------------------------------
Transient – temporary
◦ Temporary unemployment, loss of a loved one
Enduring – ongoing; chronic
◦ Chronic unemployment; untreated mental health
issues
------------------------------------------------------
Applied to each level of analysis
http://faculty.weber.edu/tlday/1500/systems.jpg
Levels of Analysis of Each Instance of
Maltreatment
Macrosystemic: broad cultural values and beliefs
in the larger society
Exosystemic: social structures that form the
immediate context in which families and
individuals function (e.g., neighborhood, school)
Microsystemic: environmental setting that
contains the developing person (e.g., family,
classroom)
Ontogenetic: factors within the child
Macrosystemic Issues
Acceptability of violence
◦ Levels of violent crime, presence of weapons
◦ Levels of violence in media
◦ Acceptance of corporal punishment
Sexualization of children
Individualism
◦ Focus on nuclear family both fully responsible for and
controlling of children
◦ Geographical isolation of families with children
Values/definitions of work
Exosystemic Issue:
Poverty
Poverty as a stressor: inadequate resources,
feelings of disempowerment (becomes a
microsystemic issue)
Poverty places individuals in less safe
environments, requiring more parental effort to
protect
Poverty places individuals in resource scarce
environments
Increasingly poor urban areas are places to which
people are not committed - less sense of
community
Microsystemic Issues
History of abuse in parents
Mental illness in parents
Substance abuse in parents
Domestic violence
Problematic parenting practices
Lack of social support
Mental Health Issues in Parents
Mental illness impacts childrearing
Mental health issues increase risk of
substance abuse, especially in women
Personality disorders are thought to be
most common mental health problem
◦ Core component of an individual’s way of
perceiving the world
◦ Often go unrecognized as mental illness
among child welfare workers
History of Child Abuse in Parents
Child abuse in parents may result in
mental health issues (depression, PTSD)
Attachment impairment
Lack of modeling of appropriate parenting
behaviors
Substance Abuse
Direct physical effects on fetus
◦ Critical issue: should prenatal maternal
substa.
Risk involves uncertainty, the lack of knowledge of future event.docxmalbert5
Risk involves uncertainty, the lack of knowledge of future events, and the measures of profitability and consequences of not achieving the project goal. Your organization has decided that, to be successful in the global economy, it must expand its supply base into China or another country approved by your faculty member. This has become a strategic project for the organization.
Select
an organization with which you are familiar as the basis of the paper.
Write
a 1,400- to 1,750-word paper in which you address the following risk management items for this supplier global expansion project:
Describe the objectives and goals, tools and techniques, and organizational roles and responsibilities for effective risk management for the project.
Describe various information sources that may be used by the project team for risk identification.
Identify and describe the risk management documentation that will be required for the project. Examples include RMP and risk management log or register.
Explain the role of risk management in the project planning process.
Create
a risk breakdown structure that outlines the organization's risk categories.
Consider
the following categories:
Project risks
Business
Contract relationships with customers and suppliers
Management
Political
Organizational risks
Project management risks
Cost estimates
Schedule estimates
Communication
Technical risks
Production risks
Manufacturing concerns
Logistics
Support risks
Maintainability
Warranty
External risks
Procurement
Material availability
Lead times
Quality
Market
Format
your paper consistent with APA guidelines.
Submit
your paper and risk breakdown structure.
Resources
Center for Writing Excellence
Reference and Citation Generator
Grammar Assistance
.
Risk and Resistance Risk Acceptance and Protesting Beha.docxmalbert5
Risk and Resistance: Risk Acceptance and Protesting Behavior in Democratic and
Non-Democratic Countries
Abstract
Kam’s (2012) theoretical framework argues that risk-accepting individuals participate in politics
because they enjoy exciting and novel activities. Given that nondemocracies are more repressive
than democracies, how might individuals’ acceptance of risk and system of government influence
the decision to protest? Using data from the 2005-2014 World Values Survey, I find that highly risk-
accepting individuals in democratic countries are much more likely to report a willingness to
participate in future political boycotts than their less risk-accepting counterparts. Substantively, the
results indicate that highly risk-accepting individuals are 52% and 41% more likely to boycott in
median democratic countries compared to other members of society depending on whether one
uses Freedom House or Polity IV scores. Further, I find no evidence that risk acceptance influences
demonstrating or petitioning. Low risk-accepting individuals are more hesitant in their willingness to
risk life and limb by challenging the status quo in democratic and non-democratic countries.
2
1 Introduction
Why are some citizens willing to protest their government while others passively turn a blind eye
and abstain? Scholars offer three schools of thought regarding individual protest behavior. The first,
disaffected radicalism, argues that protesters are unsatisfied with or alienated from traditional
representative channels (Gurr 1970). Second, strategic resource scholars suggest that protests are a
function of civic expression rather than disaffection with the political process (Inglehart 1977; 1997).
A third school argues the decision to protest is dependent upon the context of the political
environment rather than any generalizable motivation.
Scholars dedicate a plethora of resources to better understand why individuals participate in
politics generally, and protests specifically, because political participation increases democratic
satisfaction (Anderson et al. 2005; Blais & Gélineau 2007) and political equality (Rosenstone &
Hansen 1993). Further, protests are often successful, lead to political change, and allow citizens to
express their grievances and policy preferences to political elites (Celestino & Gleditsch 2013;
Hooghe & Marien 2014; Stephan & Chenoweth 2008). By considering additional explanations of
protest behavior, scholars can better understand how and why some governments are more
responsive to citizen preferences than others.
Psychology scholars offer valuable insight into this debate by considering individuals’ risk
acceptance, defined as the extent to which individuals seek out risky behaviors and uncertain
outcomes (Ehrlich & Maestas 2010; Weber, Blais, & Betz 2002). Risk-accepting individuals are
generally comfortable with uncertainty (Ehrlich & Maestas 2010; Le.
Risk and Threat Assessment Report Anthony WolfBSA 5.docxmalbert5
Risk and Threat Assessment Report
Anthony Wolf
BSA/ 520
May 11th, 2020
Jeffery McDonough
Running head: RISK AND THREAT ASSESSMENT REPORT
1
RISK AND THREAT ASSESMENT REPORT
2
Risk and Threat Assessment Report
The rise of innovation and technological advancement has affected the aspects of technology in different ways. Improvement of software and operating systems gives hackers a reason to strive and develop more complex forms of overweighing security measures on those applications. Traditional application security best practices and secure coding are often recommended in protecting different applications against runtime attacks.
Runtime application self-protection is an emerging application in the protection of software applications, data, and databases. The increase in attacks has triggered the development of security technology that is linked or build into an application runtime environment. Besides, database deployment is safeguarded by run time application self-protection that can control the execution of applications, detecting, and preventing real-time attacks. The threats and risks associated with operating systems, networks, and software systems are significant concerns to users.
The internet has changed how people do their businesses. With the growth of e-commerce and other online transactions, there has been a subsequent increase in internet risk threats that are commonly occasioned by hacking and malware attacks. There are different types of e-commerce threats and might be accidental, deliberately done by perpetrators, or occur due to human error. The most prevalent threats are money theft, unprotected services, credit card fraud, hacking, data misuse, and phishing attacks. Heats associated with online transactions can be prevented or reduced by keeping the credit cards safe. Consumers/customers should be advised to avoid carrying their credit cards in their wallets since they increase the chances of misplacement. Each buyer should be cautious when using their you’re their online credit information.
The advancement in technology has seen an increase in online transactions. The practice of doing business transactions via the internet is called e-commerce. Their growth has subsequently lead to the rise in internet risk threats that are commonly occasioned by hacking and malware attacks. E-commerce is the activity of conducting transactions via the internet. Internet transactions can be drawn on various technologies, including internet marketing, electronic data exchanges, automated data collection systems, electronic fund transfer, and mobile commerce.
Online transaction threats occur by using the internet for unfair means with the aim of fraud, security breach, and stealing. The use of electronic payment systems has a substantial risk of fraud. It uses the identity of a customer to authorize a payment like security questions and passwords. If someone accesses a customer's password, he will gain access to his accounts and.
Rise of the Machines” Is Not a Likely FutureEvery new technolog.docxmalbert5
“Rise of the Machines” Is Not a Likely Future
Every new technology brings its own nightmare scenarios. Artificial intelligence (AI) and robotics are no exceptions. Indeed, the word “robot” was coined for a 1920 play that dramatized just such a doomsday for humanity.
Recently, an open letter about the future of AI, signed by a number of high-profile scientists and entrepreneurs, spurred a new round of harrowing headlines like “Top Scientists Have an Ominous Warning about Artificial Intelligence,” and “Artificial Intelligence Experts Sign Open Letter to Protect Mankind from Machines.” The implication is that the machines will one
day displace humanity.
Let’s get one thing straight: a world in which humans are enslaved or destroyed by superintelligent machines of our own creation is purely science fiction. Like every other technology, AI has risks and benefits, but we cannot let fear dominate the conversation or guide AI research. Nevertheless, the idea of dramatically changing the AI research agenda to focus on AI “safety” is the primary message of a group calling itself the Future of Life Institute (FLI). FLI includes a handful of deep thinkers and public figures such as Elon Musk and Stephen Hawking and worries about the day in which humanity is steamrolled by powerful programs run a muck.
As eloquently described in the book Superintelligence: Paths, Dangers, Strategies by FLI advisory board member and Oxford-based philosopher Nick Bostrom, the plot unfolds in three parts. In the first part—roughly where we are now—computational power and intelligent software develops at an increasing pace through the toil of scientists and engineers. Next, a breakthrough is made: programs are created that possess intelligence on par with humans. These programs, running on increasingly fast computers, improve themselves extremely rapidly, resulting in a runaway “intelligence explosion.” In the third and final act, a singular super-intelligence takes hold—outsmarting, outmaneuvering, and ultimately outcompeting the entirety of humanity and perhaps life itself. End scene.
Let’s take a closer look at this apocalyptic storyline. Of the three parts, the first is indeed happening now and Bostrom provides cogent and illuminating glimpses into current and near-future technology. The third part is a philosophical romp exploring the consequences of supersmart machines. It’s that second part—the intelligence explosion—that demonstrably violates what we know of computer science and natural intelligence.
Runaway Intelligence?
The notion of the intelligence explosion arises from Moore’s Law, the observation that the speed of computers has been increasing exponentially since the 1950s. Project this trend forward and we’ll see computers with the computational power of the entire human race within the next few decades. It’s a leap to go from this idea to unchecked growth of machine intelligence, however.
First, ingenuity is not the sole bottleneck to developing faster com.
Risk can be looked at as the effect of uncertainty on organizati.docxmalbert5
Risk can be looked at as the effect of uncertainty on organizational objectives. If that is the case how can an organization create value from uncertainty? What tools can an organization use or what does an organization have to have in order to achieve any kind of value in the face of uncertainty? Does the organization have to be accountability to anyone, if so who? Are there any internal/external forces involved?
Answer the above questions in the context of the JAA Inc. case study. Put yourself in their shoes.
.
Risk and Audit Management Please respond to the following.docxmalbert5
"Risk and Audit Management"
Please respond to the following:
How is corporate IT governance different from the usual practice? What are the elements of risk analysis? To what extent are common risk factors within individual applications and information systems helpful?
What are the different types of audit and how is the structure of an audit plan devised? What are the essential techniques used for managing information technology audit quality?
.
Right from the start, there have been nations, and nations have gove.docxmalbert5
Right from the start, there have been nations, and nations have governments. A government is usually elected by the people, and at different times, the elects need help to address the nation. This is what prompts politicians to say, ‘
Write me a speech,’
which will eventually be used to deliver a message to a large group of people. When a speech is being delivered, there are several factors that are considered. To write
and deliver a message to the people is no easy job.
The very first is the outfit and dressing of the speaker. The second is the reputation and integrity of the speaker addressing the people. The third is the manner in which the speech is structured and the words used in conveying the message. Other things that need to be concentrated on by the speaker during a speech include gesticulation and aural channels.
Speeches have been known to influence the public. A simple wrong sentence can have a negative effect on the citizens of a country and can spark reactions, riots and even mass protests. Speeches have been known to break down diplomacy between countries and start wars. Since the importance of a speech cannot be emphasized enough, it practically means a speech needs to be analyzed and reviewed with utmost care.
Why Politicians Need to Order Speeches
Political figures usually have a whole lot to do when they’re in power. For instance, presidents of countries have to manage the implementation of the law by installing and taking off different officers. They also have to append their signatures on laws and bills that need to be passed into the constitution. A president’s main obligation is to ensure the smooth running and stability of the government and to make sure all the laws in the constitution are adhered to.
The president also has to supervise the affairs pertaining to foreign policy and make treaties that favor the nation in terms of trade and commerce, appoint ambassadors to other countries and also monitor the affairs of policies affecting American businesses, the economy and its citizens. A cabinet of the president’s choice is appointed to oversee various key sectors of government operations.
Because of these numerous tasks mentioned above that have to be done by presidents, most of them hardly have any time to handle anything else. This also includes not being able to make the time for carefully proofreading the content and structure of the numerous speeches they have to give to the public. Keeping in mind the weighty effects of a speech, most presidents have to hire a writer or writers to handle that aspect for them.
Most people miss the point of political figures ordering speeches. Several individuals have the idea that the ghostwriter totally controls everything about the speech giving it the semblance of speechwriters actually controlling the emotions of the public. They forget that the content and structure make up half of the effect of the speech and the charisma, appearance and non-verbal approach of th.
RIM Communication PlanMGT-550 Andrea Taylor Southern New H.docxmalbert5
RIM Communication Plan
MGT-550
Andrea Taylor
Southern New Hampshire University
This presentation is about RIM, a wireless solutions and mobile device company falling under scrutiny for a toxic organizational culture. After an open letter was published on the tech website BGR, RIM’s negative workplace culture was exposed including oppressed communications at all levels. The CEOs found themselves at the center of the scrutiny and this presentation is meant to demonstrate effective strategies for RIM to apply to this severe situation that could dismantle RIM within their industry and public relations.
Goals
Rebuild internal trust and civility at RIM.
Create a new open communication plan that reinstates the mission and vision of the organizational culture at RIM.
Dismantle the previous toxic attributes to the organizational culture.
Rebuild the external trust at RIM within the tech industry and with customers.
Create platforms for open communication to allow for more innovation and bring RIM back into the competition in the tech industry.
As RIM was already facing internal issues “from a dwindling market share, failed product attempts, and a sinking stock price”(Bigus, 2012, p. 6). An RIM senior executive made the decision to make the letter public due to the “culture at RIM does not allow us to speak openly without having to worry about the career-limiting effects”(Bigus, 2012, p. 5). At RIM it is more critical than ever to focus on employee engagement as the organization should be “speaking to the employee as the consumer”(Breman, 2017). Best efforts to ensure that stakeholder contributions, efforts, and overall happiness are meeting business goals and while completing their mission is a major focal point for Balsillie and Lazaridis to achieve through effective communication at all levels with all employees. To better the relationship management at RIM, more frequent face to face interaction must occur as well as more open communication throughout the workplace and through various channels such as email, surveys, anonymous feedback, and meetings to foster the relationship management on a professional and personal matter. To eliminate the limitations in relation to product development, more openness toward idea exchanges to foster the innovation and creation that RIM desperately needs to rebuild their brand. To dissolve the unenjoyable workplace issue, maintaining civility as professionals must occur and all employees must be held accountable for their performances, contributing to a positive workplace culture, and professionalism meanwhile utilizing filtering to aid responses that exhibit empathy, understanding, and informational exchanges.
Target Audience
Employees at all levels will be the main focus of internal communication.
Industry critics, publication sights/media, as well as customers will be the main focus of external communications.
The entire organization at RIM will be the focal, target audience, considering the .
Riku is a 19-year-old college student. One morning, after a long nig.docxmalbert5
Riku is a 19-year-old college student. One morning, after a long night of studying, Riku woke up and made himself a hot cup of coffee and toast. Much to his surprise, when he brought the cup to his mouth to drink, the coffee spilt onto the table. Riku went to the bathroom mirror and noticed the left side of his face seemed to droop. He quickly got dressed and ran to the medical clinic on the college campus. As he ran, his left eye began to feel scratchy and dry, but he could not blink in response. The physician at the clinic listened to Riku’s story and then did a careful cranial nerve examination. She concluded that Riku had Bell palsy, an inflammatory condition of the facial nerve most likely caused by a virus.
Student Name:
·
What are an afferent neuron and efferent neuron? What are
efferent
components of the facial nerve and their actions?
·
Under certain circumstances, axons in the peripheral nervous system can regenerate after sustaining damage. Why is axonal regeneration in the central nervous system much less likely?
·
At a healthy myoneural junction, acetylcholine is responsible for stimulating muscle activity. What mechanisms are in place to prevent the continuous stimulation of a muscle fiber after the neurotransmitter is released from the presynaptic membrane?
.
Right to Portland Parks and Recreation Community CentersI be.docxmalbert5
Right to Portland Parks and Recreation Community Centers
I believe that everyone has the right to access recreational community centers and the free activities that come with them. Portland Parks and Recreation (PP&R) is funded through taxes by the citizens of Portland. One of the community centers is Mt. Scott Community Center, located in southeast Portland. This center has been an important part of my life since I was a young child. I’ve been going to Mt. Scott Community Center for my whole life, and my perception of it has changed over time. When I was younger there was only two reasons for going to the community center; either I was playing basketball at an open gym or in one of the little leagues, or I was swimming at the in pool. I now work at Mt. Scott as a lifeguard. Now that I am an adult and employed by the center, I see how important the programs are to youth. I was one of the individuals whose beliefs were shaped by the equitable access to interesting and fun recreational programs. I know firsthand how crucial it is for youth to be involved in active and positive activities. Being involved with this center as an adult has helped to shape my belief in the importance of the parks programs for all.
In 2012, Portland Parks & Recreation developed a strategic plan that states that “Public parks and recreation contribute endless benefits to the community. The outcomes are “more than fun and games,” playing a substantial role in developing healthy lives and building community, preventing crime and providing positive alternatives for youth.” However, this report also states that not all Portlanders have equal access to recreation facilities and the opportunities they offer.
The data showed that youth in communities of color and the elderly do not have enough facilities near them and that it is a hardship to travel to recreation centers that were further away. In Portland, many of the black families moved from NE Portland to outer SE Portland. This gentrification, the systematic process of upgrading a neighborhood so that the existing residents can’t afford to live there, caused an influx of communities of color to relocate to southeast where the cost of housing was cheaper. The 2016 Performance Report from PP&R reveals that the East Portland Community Center, which serves this neighborhood, is inadequate both in size and services to meet the needs of the youth and elderly that live in the area.
Because I believe that every person has the right to participate in recreation programs in Portland, It is important to the health of our city that every individual have the support needed to access a recreational facility. Portland Parks and Recreation refers to this effort as “closing the play gap”. To close this gap, PPR needs to improve their facilities, do outreach in a variety of places such as schools and neighborhood associations and to partner with other agencies like Tri-Met for transportation to the recreation centers. Onc.
Rilke Letters Assignment (FINAL ESSAY) Core 110—Spring 2019
Read the following directions carefully.
Instead of a final exam, you will write an essay (or letters) related to
the assigned reading of Letters to a Young Poet.
The approximate length is 3-4 pages (MLA format).
The final draft is due at the scheduled time for your class’s final exam
period (see Moodle for details and submission link). We WILL NOT
meet for a final exam.
Choose ONE of the following options for your assignment. Your
writing will be graded in accordance with the standards provided in
your course syllabus, including content, grammar, and style. Use
your knowledge of the writing process we employed throughout the
course.
You must brainstorm, draft, revise, edit, and proofread. We will not
complete this process during class. You are responsible for working
through the writing process.
Format your essay using standard MLA, as we have done all
semester: double-spaced lines, 1-inch margins, 12 pt font, identifying
information (your name, course, etc).
When citing text, refer to the author and page # in MLA format. Use
only the primary source (Rilke's Letters) and do not use research
sources. Since you will only use primary sources, no reference list is
needed.
YOU MAY NOT USE SOURCES/OUTSIDE RESEARCH. Non-
compliance with this constitutes cheating and will result in failure.
General directions and tips:
Focus on analysis.
Use textual support from the Letters text to SHOW—illustrate ideas
and analyze the text rather than just reporting or telling (skills you
used in each of your course essays).
Assume your reader is already familiar with Letters to a Young Poet.
In other words, DO NOT provide a plot summary.
Center your writing on an original, meaningful thesis sentence.
Structure your writing with an interesting introduction, a substantial
body with paragraphing, and a meaningful conclusion.
When referring to the action of the text, use the literary present tense,
such as: Rilke advises the young poet to. . . .; When the poet asks
Rilke's advice about his poetry, Rilke responds. . . .
Options: Choose ONE—
1. Rilke discusses many topics in response to the young poet, Kappus, in his
letters. Choose two of Rilke's prominent topics or themes, explaining Rilke's
point of view on each of the two themes AND analyzing how and why he
interconnects the themes. Center your essay around a clear, meaningful,
worthwhile thesis sentence.
2. Imagine that Rilke is alive and well (perhaps through time travel). He will
be visiting King's College and speaking to students. You are a student
advisor for Rilke's visit, and it is your role to explain to Rilke some of the
primary concerns of your classmates so he may prepare a speech directed
toward advising them in meaningful ways. Given the insights you will help
Rilke gain, he will prepare and deliver a speech to students. .
Ring Around the Rosy – Example Ring a ring orosesA pocketfu.docxmalbert5
Ring Around the Rosy – Example
Ring a ring o'roses
A pocketful of posies
ah-tishoo,ah-tishoo
We all fall down.
The King has sent his daughter
To fetch a pail of water
ah-tishoo, ah-tishoo
We all fall down.
The bird upon the steeple
Sits high above the people
ah-tishoo, ah-tishoo
We all fall down.
The cows are in the meadow
Lying fast asleep
ah-tishoo, ah-tishoo
We all get up again.The historical context of this rhyme dates back to the Great Plague of London in the late 1600s. During this time it is said that victims of the plague would be sealed in their houses. These houses would be identified by a red cross painted on the door and the phrase “God have mercy.” None of the victims would be allowed to leave the home and no one was allowed to enter. Unfortunately, this did not bode well for the other family members confined with the victim, who ended up catching the disease as well. According to Linda Alchin, “the death rate was over 16% and the plague was only halted by the Great Fire of London in 1666 that killed the rats that carried the disease which was transmitted via water sources” (41).
In this rhyme the phrase ring around the rosy is said to refer to the plague symptom of a rosy red rash in the shape of a ring on the skin. In addition, it was believed by many that the disease was transmitted by bad smells. To ward off the risk of catching the disease, some folks would carry pockets or pouches filled with sweet-smelling herbs, such as posies. It is also thought that the phrase ashes, ashes was a reference to the cremation of all the dead bodies. In the English version, the phrase A-tishoo! A-tishoo! seems to be referencing the violent sneezing that was another symptom of the disease (Alchin 41).
Works Cited
Alchin, Linda. The Secret History of Nursery Rhymes. New York, NY: Nielsen, 2013. Print.
.
Riley Chapter 17) Differentiate among the three internatio.docxmalbert5
Riley
Chapter 1
7) Differentiate among the three international marketing concepts. International marketing combines the marketing mix of plan, price, promotion and how to distribute the brand’s product or service to a much larger scale. Before company’s can even consider to penetrate into international markets, they first have to see if their internal and external operations are able to accomplish multiple marketing concepts. The first concept for a brand to enter the international market faster would be if the company had successful technology and a variety of resources that could easily aid distribution. The second would be for small and large home markets to that have successful internal production to consider manufacturing and shipping outside of their regular market. The last concept would be for a company’s running main manager to have close connections with those from other countries, so that way there is an easy international communication that can help the company for penetrating the market. (Cateora, Graham, Gilly & Money, 2020)
When penetrating the international market, it is important to have controllable product, price, promotion and research available for distributing. However, the domestic environment and foreign environment will be uncontrollable. This is when the company will have to modify the firm’s original characteristics to match the culture’s political forces, geography, competition, climate and economic climate. All of this goes into how the brand’s product and service will ultimately be viewed by the international market and ignoring these steps can result in failed marketing efforts. (Cateora, Graham, Gilly & Money, 2020)
9) Discuss the three factors necessary to achieve global awareness?
In today’s marketplace, it is crucial for businesses and brands to understand what it means to be globally aware, especially when marketing to other cultures to achieve global awareness. The first factor to achieve global awareness, is for a company to incorporate what it means to be globally aware. To be globally aware consists of being able to respect and tolerate one’s differences in their culture, compared to one’s own. It is important to respect these differences, otherwise there won’t be a clear way to communicate these differences in a precise way.
The second factor is to understand the history, culture and stay up-to-date on current news and politics. This all plays a role in how a company can begin to achieve global awareness for their brand because it keeps marketing messages relevant the ever-changing culture.
The last factor, is to create long-term business relationships with those of other cultures. A variety of people who come from different backgrounds and cultures should be made into a stable group of managers and directors. It is important to have these people ahead of marketing and creating new campaigns when entering a new global market. This diversity is important because they are a key asse.
Rigoberta Menchu calls her recounting of her life to Elisabeth Burgo.docxmalbert5
Rigoberta Menchu calls her recounting of her life to Elisabeth Burgos-Debray in 1982 a "testimonio", a testimony to the sufferings of the indigenous people of Guatemala. Discuss one example of how the indigenous people suffered at the hands of the Ladinos, and one example of how they suffered at the hands of the military regimes?
plz finish in 24h with 300words
thanks a lot
.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
2. WEEK 9 ASSIGNMENT
Dealing with Risk, Asymmetric Information, and Incentives
INTRODUCTION
Choice of a company
Continue research on Southwest Airlines, or
Select another company, or
Select the company you work for
Size of paper
Six to eight (6–8) pages
QUESTION 1
Evaluate a company’s recent (within the last year) actions
dealing with risk and uncertainty. (10 %)
Difference between risk and uncertainty
Risk is how we characterize uncertainty about values that vary.
Risk is modeled using random variables multiplied by their
probabilities.
Uncertainty refers to the distribution of the random variables.
Which probabilities should be assigned to the various values the
random variables can take?
QUESTION 1
Evaluate a company’s recent (within the last year) actions
dealing with risk and uncertainty. (10 %)
When you’re uncertain about the costs or benefits of a decision,
replace numbers with random variables and compute expected
costs and benefits.
Analyze common types of uncertainty and risk your company
3. faces. For example:
Uncertainty in pricing
Uncertainty in dealing with suppliers and distributers
…
QUESTION 2
Offer advice for improving risk management. (15 %)
By modeling uncertainty, you can:
Learn to make better decisions
Identify the source(s) of risk in a decisions
Compute the value of collecting more information.
Difference-in-difference estimators are a good way to gather
information about the benefits and costs of a decision.
The first difference is before versus after the decision or event.
The second difference is the difference between a control and
an experimental group.
If you are facing a decision in which one of your alternatives
would work well in one state of the world, and you are
uncertain about which state of the world you are in, think about
how to minimize expected error costs.
QUESTION 2
Offer advice for improving risk management. (15 %)
Uncertainty is unavoidable. To cope with uncertainty, gather
more or better information.
Best Buy has used dispersed sets of non-experts to predict
future variables, such as a holiday sales rate.
Google uses internal prediction markets to generate demand and
usage forecasting.
The US Marines advise:
4. Because we can never eliminate uncertainty, we must learn to
fight effectively despite it. We can do this by developing
simple, flexible plans; planning for likely contingencies;
developing standing operating procedures; and fostering
initiative among subordinates.
QUESTION 3
Examine an adverse selection problem your company is facing
and recommend how it should minimize its negative impact on
transactions. (15 %)
Define adverse selection
Adverse selection is a problem that arises from information
asymmetry—anticipate it, and, if you can, figure out how to
consummate the unconsummated wealth-creating transaction
(for example, how to make low-risk customers pay for health
insurance).
Screening is an uninformed party’s effort to learn the
information that the more informed party has.
Signaling is an informed party’s effort to communicate her
information to the less informed party.
QUESTION 3
Examine an adverse selection problem your company is facing
and recommend how it should minimize its negative impact on
transactions. (15 %)
Lessons
Anticipate adverse selection and protect yourself against it.
Using screening or signaling helps overcome the adverse
selection problem so that low-risk individuals can be transacted
with profitably.
Gather enough information to distinguish high-risk from low-
5. risk consumers.
Direct and indirect methods
Information may be gathered indirectly by offering consumers a
menu of choices, and consumers reveal information about their
risks by the choices they make.
QUESTION 4
Determine the ways your company is dealing with the moral
hazard problem and suggest best practices used in the industry
to deal with it. (15 %)
Moral hazard refers to the reduced incentive to exercise care
once you purchase insurance.
What is the difference between adverse selection and moral
hazard?
Adverse selection arises from hidden information about the type
of individual you’re dealing with.
Moral hazard arises from hidden actions.
The cost of managing both problems can be reduced by reducing
uncertainty (gathering more information).
QUESTION 4
Determine the ways your company is dealing with the moral
hazard problem and suggest best practices used in the industry
to deal with it. (15 %)
Solution
6. s to the problem of moral hazard center on efforts to eliminate
the information asymmetry
monitoring
changing the incentives
QUESTION 4
Determine the ways your company is dealing with the moral
hazard problem and suggest best practices used in the industry
to deal with it. (15 %)
Example: Moral hazard in lending.
This is a problem for both the lender and the borrower. If the
bank anticipates moral hazard they will be less willing to lend,
or demand a higher interest rate.
This incentive conflict is only made worse when the borrower
can put other people’s money at risk.
Borrowers take bigger risks with other people’s money than
they would with their own.
To control this, lenders must find ways to better align the
incentives of borrowers with the goals of lenders.
Banks sometimes do this by requiring borrowers to put some of
their own money at risk.
This is why banks are much more willing to lend to borrowers
who put a great deal of their own money at risk, but it also
leads to the complaint that banks lend money only to those who
7. don’t need it.
QUESTION 5
Identify a principal-agent problem in your company and
evaluate the tools it uses to align incentives and improve
profitability. (15 %)
Principals want agents to work for their best interests, but
agents typically have different goals than do principals. This is
called incentive conflict.
In a well-run organization, decision makers have
the information necessary to make good decisions and
the incentive to do so.
If you decentralize decision-making authority, you should
strengthen incentive compensation schemes.
If you centralize decision-making authority, you should make
sure to transfer specific knowledge (information) to the decision
makers.
QUESTION 5
Identify a principal-agent problem in your company and
evaluate the tools it uses to align incentives and improve
profitability. (15 %)
8. To analyze principal–agent conflicts, focus on three questions:
Who is making the bad decisions?
Does the employee have enough information to make good
decisions?
Does the employee have the incentive (performance evaluation
+ reward system) to make good decisions?
Alternatives for controlling principal–agent conflicts center on
one of the following:
Reassigning decision rights (to someone with better incentives
or information)
Transferring information
Changing incentives (performance evaluation and reward
system)
QUESTION 6
Examine the organizational structure of your company and
suggests ways it can be changed to improve the overall
profitability. (20 %)
Organizational options
Functional (U-form): A functionally organized firm is one in
which various divisions perform separate tasks, such as
production and sales.
9. M-Form: An M-form firm is one whose divisions perform all the
tasks necessary to serve customers of a particular product or in
a particular region.
QUESTION 6
Examine the organizational structure of your company and
suggests ways it can be changed to improve the overall
profitability. (20 %)
Companies with functional divisions share functional expertise
within a division and can more easily evaluate and reward
division employees. However, change is costly, and senior
management must coordinate the activities of the various
divisions to ensure they work towards a common goal.
Process teams are built around a multi-function task and are
evaluated based on the success of the task.
QUESTION 6
Examine the organizational structure of your company and
suggests ways it can be changed to improve the overall
profitability. (20 %)
10. Three possible solutions for incentive conflicts
Change the division that does the decision making,
Change the flow of information, or
Change a division’s evaluation and compensation schemes
Profit center
The benefit of a profit center is that they are easy to evaluate
(and manage); the cost is that they are concerned only with
their own division profit.
A cost center
It is rewarded for reducing the cost of producing a specified
output.
You can get rid of the conflict by turning one division into a
cost center.
QUESTION 6
Examine the organizational structure of your company and
suggests ways it can be changed to improve the overall
profitability. (20 %)
In a multi-divisional company, transactions between divisions
can create incentive conflicts.
To understand the source of conflicts that arise between
divisions, personify the divisions and consider each to be a
rational actor. Then ask the same three questions
11. Which division is making the bad decision?
Does the division have enough info. to make a good decision
Does it have the incentive to do so?
The problems of corporate budgeting and how to fix it
ACADEMIC RESOURCES
Use at least five (5) quality academic resources in this
assignment.
5 %
Note: One of your references should have been published within
the last 6 months.
Note: Wikipedia does not qualify as an academic resource.
FORMATTING REQUIREMENTS
Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; citations and references
must follow APA or school-specific format. Check with your
professor for any additional instructions.
Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the
date. The cover page and the reference page are not included in
the required assignment page length.
12. 5 %
Assignment: Dealing with Risk, Asymmetric Information, and
Incentives
Due Week 9 and worth 310 points
Earlier in the quarter we discussed Southwest Airlines’ use of
game theory to create new strategy. Continue to research
Southwest Airlines or a company of your choice and write a six
to eight (6-8) page paper in which you:
1. Evaluate a company’s recent (with in the last year) actions
dealing with risk and uncertainty.
2. Offer advice for improving risk management.
3. Examine an adverse selection problem your company is
facing and recommend how it should minimize its negative
impact on transactions.
4. Determine the ways your company is dealing with the moral
hazard problem and suggest best practices used in the industry
to deal with it.
5. Identify a principal-agent problem in your company and
evaluate the tools it uses to align incentives and improve
profitability.
13. 6. Examine the organizational structure of your company and
suggests ways it can be changed to improve the overall
profitability.
7. Use at least five (5) quality academic resources in this
assignment. Note: One of your references regarding your should
have been published within the last 6 months. Note: Wikipedia
does not qualify as an academic resource.
Your assignment must follow these formatting requirements:
· Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; citations and references
must follow APA or school-specific format. Check with your
professor for any additional instructions.
· Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the
date. The cover page and the reference page are not included in
the required assignment page length.
Running head: SOUTHWEST AIRLINE BOARDING AND
GAME THEORY 1
SOUTHWEST AIRLINE BOARDING AND GAME THEORY 2
14. Southwest Airline Boarding and Game Theory
Students Name:
Professor’s Name:
Course title:
Date:
1
Change in southwest airline boarding
Southwest airline used to rely on the first come first serve basis
booking approach before 2007. After realizing that the
methodology was creating confusion and causing congestion,
the management ought to experiment with the A B C method.
The approach allowed consumers to choose seats based on the
time of the arrival. The transition improved southwest airline’s
booking until a concern arose on the need to enhance fairness in
the booking process in addition to dealing with congestion at
the booking offices. The model favored the person with the
ability to access the terminal in advance. Consumers checking
15. in at the booking terminals benefitted from the privileges of
securing a good seat compared to those booking online.
According to Talwalkar (2015), the decision that followed
entailed categorization of the passengers based on the time of
checking in online. The approach prioritized those on the lower
category. The changes translated to the increase in profitability
despite minor hitches to the approach of booking.
The new model for adaptation recognized the ability to check
platform online has influential in the decision of the passenger.
The categorization sought to exploit technology in automating
the assignment of seats. Traveler legible to fly could check in
on the platform of the airlines as well as affiliates 24 hours in
advance. The exploitation of the model continued until 2009
when the airlines terminated association with affiliate sites that
demanded a charge of $1 per booking. The innovation of the
early-bird check-in followed. The model revolutionized the
approach of categorizing traveler as A B and C. Following
deliberations on the need to enhance efficiency in the process to
ascertain much yield, the airlines formulated the option of the
lottery and priority booking. According to the process, the
consumer had the privilege of determining the seating position
by adding an extra $10 to the normal rates charged in priority
booking. Those enrolled for the lottery did not have to remit the
amount but participate in a game that presents the opportunity
to secure a seat of the choice based on the decision made earlier
16. of booking the airline in advance.
2
Main goal in introducing early bird
The primary goal of the adaptation of the early-bird booking
was to present the clientele the opportunity to reserve seats by
incurring additional payments that enhances convenience. The
airlines aimed at maximizing profits but presenting the decision
in a manner that entices the consumers to support the initiative.
The approach encourages competition among consumers then
exploiting the technological platform in making a decision that
appeals to all consumers. The alternatives in the booking sought
to increase the level of consumers (Talwalkar, 2015). The
approach considered those willing to part with some amount to
secure a lucrative seat and those willing to participate in a game
of chance that increases the probability of securing a good seat.
The objective in adopting the booking that replicates a lottery is
ensuring consumers that the airlines acknowledge their needs
even though the approach does not guarantee the desired seat.
The commendable aspect of the methodology is that it
encourages the exploitation of technology in bookings and such
minimizes costs of operation and human error in decision-
making. Additionally, the program allowed the airline
technological resources the privilege to influence the decision
based on consumer’s preferences instead of relying on human
judgment (Talwalkar, 2015). The nature of the game
17. complicates affairs to the extent of making it difficult for the
consumer to conceptualize its shortcomings. In the long-term, it
presents the opportunity to quantify the number of bookings
before the flights.
3
Use of game theory
The airlines exploited the game theory for profitability by
encouraging consumers seeking privileged seats to remit an
additional $10 for the service. The traveler remitted the amount
expecting to secure the desirable seat. Those unwilling to pay
the rate had the privileges of participating in an open game of
lottery that allowed technological apps to assign the clientele
seat based on availability. According to the game, the
placements of the booking signified the decision to initiate the
systems to check the available seats. The prioritization
depended on the suggestion of the consumers. The lottery
modeled the demands in accordance with the number of
participants (Talwalkar, 2015). The person that made early
bookings enrolled for the lottery faster before the group that
followed. The experiences of those unwilling to remit the $10
differed from that of those remitting the amounts to the airlines
on online bookings. However, the model ensured that the
airlines have motivated the person to book a ticket either by a
lottery of payment of the extra dollar leading to an increase in
profitability.
18. The passenger dominant strategy is the methodology that
assumes that a person willing to secure a good seat will
automatically remit an additional $10 to the normal charges for
the airlines. If the first person to book seeks the early-bird seat,
the next person booking ought to part with a similar amount to
explore the opportunity of securing a similar seat of the
airlines. The end game of the strategy is ensuring that the
consumer willing to pay $ 10 for a good seat and the one
unwilling to remit the same amounts participates in a game that
entices investment in a lucrative seat. Even if each secures the
seat or both fail, the airlines earn an extra $10 from the decision
of the consumers. The approach of encouraging bookings makes
the decision to solicit the good seat the dominant strategy
(Mellat & Fini, 2010). The dominant strategy relies on the
presumption that the competition among consumers unwilling to
pay the extra charge and participate in lottery might persuade
both parties to pay the charges on the expectation of gaining an
advantage over the other.
The booking approach at the airline also exposes the consumer
to the prisoner dilemma. The process is attributable to
participating in the lottery while at the same time paying for the
privileges. There are occasions where the person commences
playing the lottery before resorting to making payments for the
desired seat. The unpredictability of the outcome in either
option influences the circumstances. Regardless of the
19. alternative chosen, the airline automatically checks in the
consumer while creating the impression that the consumer
dictates the functionality of the check-in programs. After the
decision, the realization that one confronts the complexity in
choosing one alternative over another affects the overall process
that benefits the airline in the long-term. However, in a context
where the consumer has selected two options concurrently, the
process of deciding becomes difficult and such constitutes the
prisoner’s dilemma (Talwalkar, 2015). The person having two
alternatives no longer has the liberty of securing the desired
seat because of the urge to participate in an open lottery.
4
Advantages and disadvantages
The advantage of the early-bird- check-in process is that it
exploits technology and such incur the airlines minimal costs
operating. The decrease in expenses, in turn, increases
profitability that serves the interest of the airline. The second
advantage of the methodology is that the game is addictive and
the more the travelers play the more the profitability to the
airlines. The continuation in the undertakings enhances loyalty
among consumers making it difficult for the competition airline
to cut a share of Southwest airline market. The third advantages
of the methodology of booking are that the number of early bird
booking keeps rising. Another outcome of the game involving
the early bird check-in is that it encourages the prioritization of
20. either method in making bookings among consumers (Raynor,
2011). The repetition in the behavior makes southwest platform
popular with consumers willing to exploit online platforms in
making bookings.
The disadvantage of the early bird booking process is that the
modality encourages consumers to remit charges without the
assurance of a good seat, especially in a context where the
number of booking surpasses the available seats. The
methodology functions if the numbers of bookings are less than
60. However, in most cases, the airline is attracting excessive
bookings that makes the strategy loses its significance since the
objective was increasing profitability while ensuring consumers
choose desired seats on the airplane. The quest for an A
boarding seat is not a guarantee in the white bird booking
despite the promise that the booking serves the intended
purpose.
Recommendation
In a bid to cope with the competition posed by southwest
airlines, competitor companies can exploit a model similar to
the early bird in encouraging check-in. The modality ought to
prioritize technology then customize option for clients using
low costs strategies (Singh, Vaibhav, & Sharma, 2018). Those
willing to secure good seats should have the privileges of
exploring three alternatives with those unwilling to pay extra
amounts exploring tow options. Those booking online and walk-
21. in should access similar opportunities but variation should exist
for passengers unwilling to pay the extra amount. The person
should participate in an open lottery with the expectation of
reward points for flying. The airline should in turn accord
higher points that translate in privileges accessible to those
willing to pay extra amounts for good seats. According to
Alamdari & Fagan (2017), the rewards will enhance loyalty that
translates into increased profitability from operations. The
findings of Singh, Vaibhav, & Sharma (2018) on operation of
Indian airlines suggest that low costs approach that exploit
technology increases bookings that benefit airlines in the long-
term.
References
Alamdari, F., & Fagan, S. (2017). Impact of the adherence to
the original low-cost model on the profitability of low-cost
airlines. In Low Cost Carriers (pp. 73-88). Routledge.
Mellat Parast, M., & Fini, E. E. H. (2010). The effect of
productivity and quality on profitability in US airline industry:
an empirical investigation. Managing Service Quality: An
International Journal, 20(5), 458-474.
Raynor, M. E. (2011). Disruptive innovation: the Southwest
Airlines case revisited. Strategy & Leadership, 39(4), 31-34.
Singh, V., Vaibhav, S., & Sharma, S. K. (2018). Using
22. structural equation modelling to assess the sustainable
competitive advantages provided by the low-cost carrier model:
The case of Indian airlines. Journal of Indian Business
Research.
Talwalkar, P (2015) Southwest Airlines boarding and game
theory