Risk Management Report Example

While working on a project or conducting research, one may be assigned the peculiar task of writing a risk management report example. The essence of risk management lies in troubleshooting and risk prevention. Not only is the later concerned with preventing the former, but it also governs a wide range of human activities: from health safety to hazard prevention, from crime reduction to financial security. Any business strives to protect itself from any potential risks and losses. Therefore, a risk management report example is bound to enlighten the managing force on what steps should be taken in order to omit any issues and secure the company’s prosperity. First of all, it would be reasonable to explain the essence of risk management. Risk management is a disciple that sets the goal to prevent a potential issue from happening, rather than eliminating its implications. Risk management can cover a large variety of fields. It may involve fire security, construction safety, engineering plans, and securing the profits of a company. In any case, while the disciplines where risk management is applied may vary, its main methods and approaches remain the same. Its main principles involve: identification of the potential threat; critical assessment of the vulnerability to the potential threat; determining the actual risk of the potential threat likelihood; determining the measures required to reduce the potential threat likelihood. As a result, one may suggest the following example of a risk management report, which attempts to address the security issues of a computer network at an average accounting office. To: Management Staff From: Risk Management Officer Topic: Malware and Virus Threat Report Dear coworkers, as we know, the security of our computer network has recently been compromised by malicious software gained through third party web resources. Our work is largely dependent on our computers, therefore, if one would become out of service, the company would inevitably face a reduction in productivity. Therefore, a number of steps have been suggested to avoid further exposure in the future. Below can be seen the table of potential risks: Threat Possibility Losses in productivity Potential financial losses Malware Viruses Breach High 50% Up to 30% Network Security Breach Significant 50% Up to 90% Third Party Web Resource Consumption Critical 25% Up to 10% As one can see, the statistical data suggests that malware and viruses have the potential to hinder our profits. Furthermore, a compromised network may be susceptible to hacker attacks, leading to significant potential losses. Viewing third party resources on the job is also considered a threat to overall productivity. Therefore, a number of steps are suggested: Hire an IT specialist to set up and monitor network security; Install and configure sufficient network security software such as anti-viruses and firewalls on all machines; Forbid and block the use of third party web resources during the work shift; In order to summarize, the preventative steps described above should be sufficient enough to secure our company from losing productivity due to network breaching issues.

personal finance 5 - 1057 Words

1. If you are borrowing money and paying interest, would you prefer an interest rate that compounds annually, quarterly, or daily? Why? (2-4 sentences. 1.0 points) Annually would cost you less than quarterly. I would go what will cost the cheapest. 2. In your Section_5 folder, navigate to and open the Example_Credit_Report, and then answer the questions below. N/A a. What is the total balance of Jessie Robinson s real estate account? (0.5 points) N/A b. What is the total balance of Jessie Robinson s revolving account? (0.5 points) N/A c. Has Jessie Robinson ever applied for bankruptcy? (0.5 points)N/A d. How many creditors have made inquiries about Jessie Robinson s credit? (0.5 points) N/A e. Do you think†¦show more content†¦Why? (3-6 sentences. 2.0 points) A Regions Personal Credit Card is a revolving line of credit that allows you to borrow funds to pay for goods and services you purchase, to get a cash advance, or to pay balances you owe to other creditors. You may use your Personal Credit Card for: †¢ Purchases †¢ Balance transfers †¢ Cash advances †¢ Overdraft protection, up to the amount available for cash advances under your credit limit, when linked to your Regions checking account †¢ A monthly statement will be sent with balance and payment information. †¢ You must pay at least the minimum payment by the payment due date to avoid late fees, to avoid the loss of any promotional rates and to keep your account in good standing. †¢ If you send a payment to the payment address on the statement and it is received by 5 p.m. local time, it will be credited to the account as of the day it is received, even if it is not posted on that date 12. Describe a real or made up but realistic example of a time when you might apply for a loan. (2-4 sentences. 1.0 points) When I apply for college. If I do not get approved for enough college scholarships, I will need to pay for college some how. 13. In your Section_5 folder, navigate to and open the Example_FAFSA. Complete the steps below to save a copy of the file with your initials in your Section_5 folder. TIP: The FAFSA is the Free Application for Federal Student Aid. This application is used by many students to get federal funding forShow MoreRelatedFp101 Week 1 Dq Answers1559 Words   |  7 PagesRefer to Figure 1-1 of Personal Finance. List the five steps in the personal financial planning process. Share one or two questions you may ask yourself when you are in Step 1.   According to Figure 1-1 of Personal Finance, the five steps in the personal financial planning process are: Step 1 – Analyze your current finances, Step 2 – Develop goals, Step 3 – Identify and evaluate strategies to achieve your goals, Step 4 – Establish and implement your plan, Step 5 – Reevaluate and reviseRead MoreTraditional Methods Of Managing Personal Income1641 Words   |  7 PagesThere are three traditional methods of managing personal income. 1. Budgeting, 2. Keeping a spending history, and 3. Doing nothing (also known as living from paycheck to paycheck). Budgeting involves setting what percent of future income is to be spent on which categories of expenses, and then recording all purchases in order to track how well spending is staying within the predefined limits. The process sounds very simple, however, it is difficult, in my opinion, to stick with a budget for veryRead MoreAssessment of Personal Financial Wellness of Teachers1115 Words   |  5 Pagesdaily cash inflows and outflows in personal finances will help make tough situations less stressful and easier to handle. Cash (1996) Among five risk stressors in life ( relationships, work, health , crime/violence, amp; personal finance), personal finance was rated as the number one source of stress, concerns about personal finance are five times higher than those regarding health. 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Merriam-Webster Dictionary definedRead More Managing Personal Finances Essay787 Words   |  4 PagesManaging Personal Finances Managing personal finances is an important skill to acquire. However, no where in school is this subject taught. As a result of a lack of preparation, our society is subject to a high percentage of people who lack financial success. Those who are successful at managing their personal finances will find that they are successful in many other areas as well. To learn how to manage personal finances there are books and web sites that provide a step by step guide toRead MorePersonal Budgeting1059 Words   |  5 PagesPersonal Budget Summary and Findings ACC 547/Taxation Michael De Marco Personal Budget Summary and Findings Memo DATE: October 1, 2012 TO: Henry and Mary Jones FROM: RE: Follow-up on Financial Planning Meeting It was a pleasure to meet with both of you to discuss your personal finances, your financial dreams, and concerns. As we discussed, being in control of your personal finances, and not your finances being in control of you, is very important. When you are in control of yourRead MorePersonal Finance Of The United States1201 Words   |  5 PagesWealth and Personal Finance in the U.S. Personal Finance has always been an emotional topic in the United States. Today, many Americans are generating unlimited wealth and living exceptional lives, while others are struggling to make ends meet. Evidently, people’s actions and beliefs are the deciding factors in their achievement of wealth. So, this huge gap in wealth between rich and poor people has a special connection with the philosophy and attitude of each individual toward personal finance. Read MorePersonal Financial764 Words   |  4 PagesBUS 282 - Personal Finance Final Project – Creating a Personal Financial Plan Your final project will integrate what you have learned throughout the course into the core elements of a financial plan. Although not comprehensive, and in fact only the beginning of what should be a living document, this project will allow you time to organize and reflect on key areas of personal finances that you will need to address throughout your financial life cycle.    Assignment Requirements: * UsingRead MorePersonal Financial Goals And Objectives Essay1044 Words   |  5 Pagesnecessary when you are further from the set goal. When it comes to money, most individuals would love to manage their personal finances so that they achieve maximum satisfaction from each available currency. To achieve this goal, you must first identify the financial goals and set priorities. Personal financial planning is the process through which individual manages their finances to achieve maximum satisfaction. It does not matter if you are self-employed, highly paid executive or newly employed

Understanding the history of a Biomedical scientist Free Essays

Introduction If one was to ask someone what a biomedical scientists was 15 years ago, the response would probably be pardon?, but now that we are in the 21 century it has become more of acknowledge role in the healthcare industry and amongst the public. However the term biomedical scientist is still not used, one is more likely to hear terms like virologist, haematologist, microbiologist, cytologist, and many others. Biomedical science is a broad term used to encapsulate a diverse range of professions in health care and other industries. We will write a custom essay sample on Understanding the history of a Biomedical scientist or any similar topic only for you Order Now The first sign of viruses in history was probably discovered in the Egyptian times, when a dead corpse was found in tomb with abnormal tissues of smallpox. The body seem to show signs of yellow fever and other viruses and signs of paralytic poliomyelitis, which is caused from polio. As time went on people with polio viruses seemed to be successfully continuing with their life, however when the daunting HIV and Hepatitis B broke out there were more deaths. These viral diseases not only caused harm to humans but also to the planet, plants, fish, birds and other living mammals. Conclusion The word virus comes from the Greek meaning ‘poison’, the word virus has been commonly used in the English language for years. One of the very first people to identify invisible viruses that was able to cause infectious diseases, was a bacteriologist, unfortunately technology that we now use to recognise disease were not present. Edward Jenner was a as scientist who cleverly used materials from cowpox as a vaccine to prevent smallpox. Many other people of whom were not scientist were able to create vaccines to prevent other disease e.g. Louis Pasteur he created a vaccine for children that had been bitten from a rabid animal. How to cite Understanding the history of a Biomedical scientist, Essay examples

Tactical and Strategic Intelligence Felicia & Fred

Question: Understand at a deeper level the economic analysis of strategic and tactical investments, the effect financial leverage has on firm value, and the integration of investment and financial corporate strategies Analyze issues that face modern corporate managers when making capital budgeting and capital structure decisions Apply finance valuation techniques for purposes of business decision making Integrate, synthesize, and present finance concepts and analyses Be able to use the corporate finance tools necessary to develop the skills, knowledge, and wisdom (SKW) in current demand by employers Understand the qualities needed for careers such as corporate managers, financial analysts, investment analysts, brokers, and business practitioners. Answer: Introduction Felicia Fred is a public company of US which deals with manufacturing of jewelry. The company has previously expanded its capacity and included Czech crystal bracelet in its product line. This year the company has included womens accessories, specially the handbags in its product line. These products are outsourced by the company to a manufacturer in Asia through a licensing agreement. The manufacturer has exclusive rights to Felicia Freds women logo handbags so that the company can preserve the intellectual property and branding rights in the United States. The company has also increased its investments in the inventory. With the increase in product line the company anticipates that the demand of the product will increase and it will require additional storage space to meet the demand of its customers. Abstract The difference between strategic and tactical decision making Strategic decision making and tactical decision making are two different ways used in a business to take decisions. The major difference between the two is time oriented. The difference between strategic and tactical decision making is that strategic decision making deals with the planning and taking educated decisions regarding the future problems of the company whereas the tactical decision making deals with the problem faced by the company at present and taking steps to overcome that problem. The strategic decision making allows the companys decision makers to forecast the future direction of the company and identify emerging trends and markets for the company. They can plan the future problems and based on the forecasted results of the projects decide whether to go ahead with the projects or close a project. The tactical decision making deals with the current problems and uses the current market conditions to analyze the situation and competition and then decide the actions to be taken to achieve its goals. It focuses on the resources at hand and focuses on ways to achieve the strategic goals. The planning and decision making involves the challenges and risks in carrying out the strategic goals. The decision by the company Felicia Fred to expand the business and enter the handbag distribution business is strategic in nature. The company has previously expanded its capacity and included Czech crystal bracelet in its product line and inclusion of the other womens accessories, specially the handbags makes perfect sense and allows the company to provide more variety of products to the same customer base and increase its sells and profits in the long run. It also provides a new direction to the company which is moving from a jewelry manufacturing company to manufacturer of accessories for women and can be a one stop solution to all the requirements of the customers. Thus without having to increase the expenditure in marketing and advertisement the company can sell various products and is a perfect strategic product line extension. Thus the decision of entering the handbag distribution business is strategic. (Owang, 2013) The indicators of financial performance used in evaluating whether an investment has successfully increased shareholder wealth of company are Profitability ratios: Profitability of a company is the capacity of the company to make profits. In a business, if the investments by the company are able to generate profits then the investment is considered successful. The various Profitability ratios like gross margin ratio, return on equity, return on investments etc. gives a good idea whether the company has been performing better than the competitors in the industry. Liquidity ratios: The Liquidity ratio helps the investor find if the company can cover its debt: long term and short term and helps to boost confidence among investors and suppliers. The various Liquidity ratios like current ratio, quick ratio and cash ratio helps in determining whether the company has been able to cover its liabilities and helps in gaining the trust of the investors and other stakeholders. Efficiency ratios: The efficiency ratio helps investor to find if the company can use its resources and make profits efficiently. The various Efficiency ratios like total assets turnover ratio, fixed assets turnover ratio helps the investors understand how efficiently the assets have been utilized by the company. (Chand, 2015) The cash flow statement, inventory turnover ratio and accounts receivable turnover ratio are other indicators of financial performance used in evaluating if the investment has been successful in increasing shareholder wealth of company. Financial Trend Analysis Liquidity Ratios of the firm: The Liquidity ratio helps the investor find if the company can cover its debt: long term and short term. Current ratio: Current ratio is the ability of a company to pay its current liabilities using the current assets. It is given by Current Assets/ Current Liabilities. (Current Ratio) In the prior year, Current Assets = 29 M Current Liabilities = 22.4 M Thus current ratio = 29/ 22.4 = 1.29 In the current year, Current Assets = 40.9 M Current Liabilities = 36.2 M Thus current ratio = 40.9/ 36.2 = 1.13 The current ratio has decreased from the previous year. Hence the company will not be able to clear its current liabilities as efficiently as it did last year. The investment in handbags has reduced the current assets. Inventory Turnover ratio: Inventory Turnover ratio shows number of times a companys inventory is sold and replaced in a time period. It is given by Inventory Turnover = Sales/ Inventory In the prior year, Sales Revenue = 950 M Inventory = 13 M Thus Inventory Turnover ratio = 950/ 13 = 73.08 In the current year, Sales Revenue = 975 M Inventory = 24.2 M Thus Inventory Turnover ratio = 975/ 24.2 = 40.29 The inventory turnover ratio has decreased from the previous year. Hence the company has increased its inventory and is unable to rotate its inventory as quickly as it did last year. The investment in handbags has reduced the inventory turnover ratio and increased inventory. Accounts receivable turnover: Accounts receivable turnover shows the number of times the company collects its receivables from its credit customers. It is given by Accounts receivable turnover = Net Credit Sales/ Average Accounts receivable In the prior year, Sales Revenue = 950 M Average Accounts Receivable = 4.6 M Thus Accounts receivable turnover ratio = 950/ 4.6 = 206.52 In the current year, Sales Revenue = 975 M Average Accounts Receivable = (4.7 +4.6) /2 M = 4.65 M Thus Accounts receivable turnover ratio = 975/ 4.65 = 209.68 The accounts receivable turnover ratio has increased from the previous year. Hence the company has improved its collection method and is able to quickly collect the receivables compared to the last year. Solvency Ratios of the firm: The Solvency Ratios of a firm is used to measure its ability to meet its long term debt. Debt to Equity ratio: Debt to Equity ratio of a firm is used to measure the ratio of financing of the company using debt from creditors and investments from the investors. It is given by Debt to Equity ratio = Total liabilities/ Total Equity In the prior year, Total liabilities = 109 + 36.2 M = 145.2 M Total Equity = 169.1 M Thus Debt to Equity ratio = 145.2/ 169.1 = 0.86 n the current year, Total liabilities = 200 + 22.4 M = 222.4 M Total Equity = 126.6 M Thus Debt to Equity ratio = 222.4/ 126.6 = 1.75 The Debt to Equity ratio has decreased from the previous year. Hence the company has reduced the debt and raised more investment from the investors. Thus the company was able to generate investment from the investors for the new product line of handbags. C Profitability Ratios of the firm: Profitability of a company is the capacity of the company to make profits. Gross profit margin: Gross Profit Margin is defined as Gross Profit/ Sales. It is used to calculate the profit earned by the company after removing the cost of goods sold per unit of sales. (Chand, 2015) In the prior year, Gross Profit = (950 801) M = 149 M Sales = 950 M Thus Gross Profit Margin = 149/ 950 = 0.15 In the current year, Gross Profit = (975 779.3) M = 195.7 M Sales = 975 M Thus Gross Profit Margin = 195.7/ 975 = 0.20 The Gross Profit Margin has increased from the previous year. Hence with the introduction of handbags the companys gross profit margin has increased. Thus the company is able to generate more profits from the investment in the new product line of handbags. Net Profit Margin: Net Profit Margin is defined as Net Profit/ Sales. It is used to calculate the profit earned by the company per unit of sales. A higher profit margin ratio is preferred as the company will have more revenues to pay its expenses.(Chand, 2015) In the prior year, Net Profit = 13 M Sales = 950 M Thus Net Profit Margin = 13/ 950 = 0.014 In the current year, Net Profit = 52.5 M Sales = 975 M Thus Net Profit Margin = 52.5/ 975 = 0.054 The Net Profit Margin has increased from the previous year. Hence with the introduction of handbags the companys net profit margin has increased. Thus the company is able to generate more profits from the investment in the new product line of handbags. Return on Equity: Return on Equity is given by Net Profit/ Shareholders equity. It calculates the profit earned per unit of investment by the shareholders. In the prior year, Net Profit = 13 M Shareholders Equity = 126.6 M Thus Return on Equity = 13/ 126.6 = 0.103 In the current year, Net Profit = 52.5 M Shareholders Equity = 169.1 M Thus Return on Equity = 52.5/ 169.1= 0.31 The Return on Equity has increased from the previous year with the introduction of the handbags. Integrate Prior Financial Analysis With the inclusion of the Czech crystal bracelet in the product line in the prior year the net profit of the company was 13 Million. Gross Profit Margin = 149/ 950 = 0.15 Net Profit Margin = 13/ 950 = 0.014 The gross profit margin of the company was 15% and the net profit margin was 1.4%. Thus it can be seen that the inclusion of the Czech crystal bracelet in the product line made the business profitable. Assuming that in the current year the only change affecting the companys product line sales was the inclusion of the handbag product line. The profits have increased from 13 Million to 52.5 Million. In the current year, Gross Profit Margin = 195.7/ 975 = 0.20 Net Profit Margin = 52.5/ 975 = 0.054 The profits margins have improved compared to the prior year. Thus the inclusion of this product line enhance gross margin for the company. Long-Term Financial Planning The companys sales are projected to grow by 10% next year. Assuming that the increase in sales, will result in increases of all the income and expenses at the proportionate level. Thus the forecasted income statement will be Felicia Fred Income Statement For the Next Period Ended 000s next Revenue: 1,072,500 Less: Cost of Goods Sold (795,960) Less: Depreciation Expense (61,270) Gross Margin 215,270 Selling, General Administrative Expenses (64,020) Income Before Interest Taxes 151,250 Interest Expense (16,500) Income Before Taxes 167,750 Income Taxes (77,000) Net Income 90,750 Similarly, the balance sheet of the next year Felicia Fred Balance Sheet For the Next Period Ended 000s Assets next Cash 13,200 Accounts Receivable 5,200 Inventory 26,600 Total Current Assets 45,000 Land 55,000 Building Equipment 660,000 Less: Accumulated Depreciation - Building Equipment (413,200) Total Long Term Assets 301,800 Total Assets 346,800 Liabilities and Stockholders' Equity Accounts Payable 10,100 Salaries Payable 0 Interest Payable 1,550 Short Term Notes Payable 3,500 Taxes Payable 11,000 Total Current Liabilities 26,150 Bonds Payable 109,900 Total Long Term Liabilities 109,900 Common Stock 120,000 Retained Earnings 90,750 Total Stockholders' Equity 210,750 Total Liabilities and Stockholders' Equity 346,800 Thus the net profit of the company will increase to 90.75 Million by the end of next year if the sales increase by 10 %. The external financing required by Felicia Fred next year will be the total liabilities of the company next year and investment from the shareholders. Total liabilities = Total current liabilities + total long term liabilities = 26.15 + 109.90 Million = 136.05 M. Additional investment from the shareholders = 210.75 169.1 M = 41.65 M The company already has an external financing of 146.1 M. Additional Total external financing required for next year = 31.6 M Qualitative and Ethical Considerations of Financial Analysis The qualitative factors that should be considered by a company seeking to raise capital are: Company Culture: The managers must consider the working culture of the company and the impact of the capital investment on the method the work is executed in the organization. With the investment in technology the flow of goods and information can be improved and changes the method of working the employees are used to. Due to Financial leverage the risk is higher and the business environment can be stressful than before. Thus it is an important factor and managers must take necessary steps to increase efficiency of the company with the capital investment. Quality of product and service: The capital investment can help company be able to have increase in capacity to produce deliver goods and services to larger target audience. The company should take proper care that with the capital investment, the quality of the goods and services should not be decreased with the additional pressure on employees to have a farther reach and increased risk in business can cause the quality to reduce. Working Environment Issues: The manager should consider the effect of capital investment on the environment which includes safety of the employees, effect on the working environment of the company and control the pollution which it causes taking it consideration all the stakeholders of the company. With the increase in debt, the financial leverage of the company will increase. If the financial leverage of the company is high the cost of capital will increase as the lenders will be concerned about the future growth of the company as investment of the equity of the company is low which increases the risk of the firm. Thus the company will be more careful in choosing projects and will avoid projects which are risker and can increase the risk of the business further. (The Agency Problem) If the cost of capital increases the shareholders are less likely to accept projects as the net profits are reduced whereas if the cost of capital decreases the shareholders are more likely to accept projects as the net profits are increased with reduced interest. The shareholders must be concerned about the ethics of managers selection processes because if the managers are ethical they will not choose projects for personal benefit and will take into consideration the benefits of all the shareholders. The qualitative considerations that are important for the mitigation of agency conflicts are Greater Compensation: If the managers are paid highly for their work they are less likely to work for personal benefits and will reduce agency problems. Intervention by shareholders: The shareholders should have a look at the projects and analysis the reports by managers before acceptance of capital projects. Threat of firing: The shareholders should have strict policies in place and should remove the managers if they find him working for personal benefits instead of benefits for the form. The different types of monitoring costs are: Cost of Board of directors, cost of issuing financial statements, and employee stock options. The monitoring activities should have meetings of the shareholders with the management and discussing the availability of funds for projects and various benefits of the projects to the shareholders. The firm should also publish financial statements so that shareholders can check the financial health of the company regularly. (The Agency Problem) The company must have transparent decision making process so that the managers cannot have projects for their personal benefits and the company should provide them better compensation, and regularly monitor the decisions to ensure ethical project investment decisions References Owang, J. (2013). Major Differences Between Tactical and Strategic Intelligence. Retrieved 30 July, 2016, from https://www.web-strategist.com/blog/2013/01/14/the-difference-between-strategy-and-tactics/ Leadcapitalng. (2012). The financial characteristics of a successful company. Retrieved 30 July, 2016, from https://leadcapitalng.wordpress.com/2012/02/08/the-financial-characteristics-of-a-successful-company/ Limbacher, M. (2015). Seven qualitative factors for evaluating investments. Retrieved 30 July, 2016, from https://www.fi360.com/blog/post/seven-factors-for-qualitative-due-diligence Investopedia. The Agency Problem. (n.d.). Retrieved 30 July, 2016, from https://www.investopedia.com/walkthrough/corporate-finance/1/agency-problem.aspx Chand, S. (2015). Ratio Analysis: Meaning, Classification and Limitation of Ratio Analysis. Retrieved 30 July, 2016, from https://www.yourarticlelibrary.com/financial-management/ratio-analysis-meaning-classification-and-limitation-of-ratio-analysis/29418/

The Justice Process Essays - Criminal Law, Criminal Procedure

Justice Process After the burglary has been committed the Police Officer will go to the scene of the crime. The Police Officer will conduct an investigation where evidence will be gathered. During the investigation fingerprints will be collected along with any other evidence found. The officer will also talk to the people in the home and neighbors around the area to find out if they seen or heard anything. At this point, there might be a crime reconstruction to determine any additional information. Once all the evidence is collected the officers will determine who suspects are. A suspect will then have a warrant issued by a Judge; this allows the police to take the suspect into custody. When the arrest is being made before questioning the Police Officer must read the Miranda rights to ensure the constitutional rights of the suspect. This gives the suspect the information needed in case they choose to speak to an attorney before answering any questions asked by the police. Once it is determined that the suspect in custody has enough evidence that they can be charged with the crime they are taken to booking. The booking process follows the suspect is fingerprinted along with personal information. A photo of the suspect is also taken with an inmate number. The suspect?s Miranda rights are read again and the suspect is asked to sign a statement acknowledging they were read to them along with their understanding of the rights. Within hours after the arrest, the pretrial activities begin. The suspect goes before the Judge at this time the suspects rights will be read once again and the formal charges. At this point, the judge will determine if bail may be set or bond may be given. This is determined on how serious the crime was and if the suspect is a flight risk. A lawyer will also be appointed at this time for those who cannot afford one. The next step is preliminary hearing to establish if there is enough evidence to show a crime has been committed and if the suspect committed this crime also known as probable cause. It also allows the defense attorney to see all the evidence against their client. Once the Judge decides that there is enough evidence against the suspect, the case is set for arraignment. At the arraignment the suspect is now a defendant and will enter a plea of guilty, not guilty or no contest. If a not guilty plea is entered a trial will be set. The Constitution states that everyone is entitled to a jury trial; however, the US Supreme court determined that crimes with lesser severity did not need a jury trial. The lesser crimes are ones that carry a sentence of less than six months. Even though most crimes are not even brought to trial as they are pled out. The Prosecuting Attorney will make an agreement with the defendant to either plea guilty to the crime or a lesser charge in return for an agreed sentencing. This keeps the cost down of a trial. Once the defendant is either found guilty or plea bargains out, sentencing is announced. During the sentencing of the defendant, the judge will determine the amount of time to be spent in the correctional facility. Not only, do they determine the time but any treatments that need to be completed as well. At this point the defendant is transported to the correctional facility and is processed in. While in the correctional facility, the defendant, now an inmate will complete any training or treatments ordered by the judge. The inmates are separated out to the severity of the crimes into the housing units. At some point, the inmate will have the right to go in front of a parole board. This is where he will plea his case to get an early release back into the community.

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The Total Patient Care Model of Nursing Delivery Research Paper

The Total Patient Care Model of Nursing Delivery - Research Paper Example The paper tells that models of nursing care constitute the procedures and structural representations that illustrate the flow of the health care operations. Models of nursing care support high-quality services that patients receive in the healthcare centers. Models of patient care provide nurses with theories about people, health, patients’ environment, and the role of the nurse in the treatment process. The availability of various models allows nurses to select the care model that best reflects the area of their work and the group in which the client is suited. According to Mueller & Savik, the models of patient care are necessary because they help nurses to plan patient-care services; proper planning is the critical element of ensuring quality and efficiency in the care process. Models of patient care enhance the way in which nurses assess and deliver treatment services to patients. The patient-care models may involve costs and time; despite this, novice nurses to develop th eir own patient-care models to enhance the quality of their services. Total patient care is a method of delivering nursing care to patients, which involves a registered nurse being held totally accountable and responsible for providing all care received by the patient during their eight-hour shift. The model of total patient care was developed to enhance the cost, convenience, personal qualities and professional competency of the of care providers.... nt care is a method of delivering nursing care to patients, which involves a registered nurse being held totally accountable and responsible for providing all care received by the patient during their eight-hour shift (Fairbrother, Jones & Rivas, 2010). The model of total patient care was developed to enhance the cost, convenience, personnel qualities and professional competency of the of care providers. Care is the nursing attention that nurses provide to patients, including medication administration, meeting the biological needs of patients, and satisfying the psychological needs of the patients. The system of total patient care was developed as an alternative to primary care after the achievement of registering enough nurses to implement primary nursing. The model was developed through team nursing to combat fragmentation of the nursing care. Description of the Total Patient Care Model The model of total patient care is commonly used in Intensive Care Units (ICU) and Postanestheti c Care Units (PACU). Under the model of total patient care, licensed practical or registered nurses replace the nursing team who give total care to a group of patients. The nurse providing care is held accountable and responsible for the health care progress of one patient (Dubois, D'Amour, Tchouaket, Rivard, Clarke & Blais, 2012). The nurse is also responsible for planning, organizing, coordinating, and performing total care to the patients. Total patient care is one of the oldest models; the students of nursing typically performed this model in their vocational training. The registered nurse is responsible for all the care provided to a patient during a specific shift. The standard time for any shift is eight hours. The shifts are organized in such a way that there are three nurses

Scientific Writing Essay Example | Topics and Well Written Essays - 500 words - 4

Scientific Writing - Essay Example The research aimed at investigating the extent in which web browsers may be constructed to achieve a virtual machine and a real-time theory on the topic as mentioned above. The authors studied the minimum period taken by a Rooter. They developed their project by proposing modern types of flexible symmetries. The research involved refinement of active networks and virtual machines to increase the efficiency of a Rooter. The approach was found disadvantageous due to incompatibility of the public-private key pair and red-black trees (Siemens, 156). The researchers adopted four significant experiments to obtain their research findings. They used their desktop machines while observing the USB key throughput. The researchers made comparisons on the Microsoft Windows Longhorn, Ultrix and Microsoft Windows 2000 operating systems. They installed 64 PDP 11s across the internet network and investigated the acceptance blunder of Byzantine. They finally made eighteen trials with a simulated WHOIS workload and compared the findings. The considered a similar methodology employed by Martin and Smith. They claimed that the real-time algorithm for the refinement of write-ahead logging by Edward Feigenbaum et al. was an impossible method to adopt. Their research is prescribed as not able to hold a reality. It did not describe any natural phenomena related to Rooters. Their method of study deployed so many assumptions that they were not sure whether Rooter would satisfy. They also tried to disconfirm the results obtained by Ken Thompson. The study argued that expert systems can be made amphibious, highly available and linear time. The implementation of this research is the approach of low-energy, Bayesian and introspective. They advocated the need for Rooter development to locate mobile communication. These researchers claim a similarity between their works with the information contained in the Bayesian publication. They

Instruction set Essay Example | Topics and Well Written Essays - 1000 words

Instruction set - Essay Example The task can be done by the car owner and the task is quite inexpensive. Steps Step1 Parts Required for Oil Change Figure1 Before changing the engine’s oil, ensure that all the tools and equipments needed are at the spot. The most essential of these are the wrench along with a container to carry your old engine oil, an oil container that is full of unused oil and an oil filter. Special care needs to be taken if the engine oil of a heated up engine is being changed. Step2 Oil Pan and Drain Plug Figure2 Before replacing the old engine oil with the new one, ensure that the car’s bonnet is open and then you are required to unlock the cap of the oil filler which is located on the top side of your car’s engine. This process will assist in making the old oil drain simpler as it allows air to flow inside the crankcase drain. The drain plug is located on the bottom region of the pan that carries oil, unplug the drain plug. Catching the oil may become quite difficult due t o the angle at which it drains. To ensure that the oil does not ruin your garage or public property; place a cloth or a newspaper on the floor just beneath your car’ oil pan. Step3 Unplugging the Drain Plug Figure3 Use the wrench to loosen the tightness of the drain plug by moving the wrench in counter-clockwise manner. Certain time the bolt is quite tight which normally a rare incident is. If the bolt is quite tight, you might require an extension to open up the bolt. A pipe segment is a good extension that may become quite handful in opening up the bolt. While removing the plug, one should even remove or substitute the old drain plug gasket with a new one. Ensure that the plug does not end up falling in the used oil container as relocating the plug from the re-used oil container might become quite a difficult task. If by mistake, the plug is dropped inside the pan, it can be relocated through the use of a magnet or you can even use a funnel while to drain the oil and take o ut the plug out of the funnel. Step4 Filter Element or Funnel Figure4 In certain cars such as the BMW and the Mercedes the oil filter is not of spin on type, instead the oil filter is of filter element in nature. In these cases, you need to just unlock the reservoir which is built inside and take out the element from inside the reservoir. Step5 Oil Filter Assembly Figure5 The most difficult part of the entire oil changing process is locating the filter assembly. There is no standard location of the filter; filter location varies form car to car. Certain filters are located on the right side of the engine, others on the left and certain are located on the bottom region. To correctly locate the filter, you should look for something similar to the shape of the new filter you have purchased. The moment you are able to locate the filter, simply remove it apart form your car’s engine. Unplugging the filter can be a difficult task, start by twisting the filter in a slow and steady m anner to make the filter spin. If the filter is too tight to be removed with bare hands, then you can use a filter wrench to extract the filter. The oil filter even contains ample amount of oil, so placement of an oil container is highly advisable. While removing the filter, one has to ensure that the part of the filter which is recognized as rubber gasket is even removed otherwise the new filter would not fit properly and the oil will

Implementation of Purchase Orders Workflow Process

Implementation of Purchase Orders Workflow Process 2.2 Research questions Key research questions will be: How important is the implementation of the workflow process within the financial system (SAP)? What weakness or issues are evident in the current process in relation to purchases orders approvals? How efficient is the current approval process and how trustworthy? What are the most important activities the management can take to improve the current process? Does the companys DOA policy align with the current PO process? 2.3 Significance of the project SRG will benefit on having purchases orders workflow electronic process, include quicker, more efficient and correct procurement, enhancing overall supply chain visibility and competence and combined business processes. Technology is the main support for all business processes across modern corporations. Electronic process using available technology has become fundamental substance that creates, supports, and constrains the business processes in all most important organizations. (Sehgal V. , 2010) Understanding what is working in the current process what needs to be improved and the lessons learned from that understanding will guarantee that automation of purchase orders workflow process will improves operations management, creating a competitive advantage. For SRG the use of the workflow system for non-stock purchase orders approvals aids to guarantee that documents are managed and approved in a constant and effective routine. (Sehgal V. , 2010) Project related literature summary 3.1 Focus on MBA Specialization: Operation Management A literary review for this project has focussed on Operation Management, process design and analysis from the current MBA course. An initial understanding of the project subject is based on the textbook for Operations Management, Suresh N. Kumar, 2009 and Operations and Process Management; Principles and Practice for Strategic Impact, Slack, N, Brandon-Jones, A, Johnston, R Betts, A 2012. Monks, 2004 (cited on Suresh N. Kumar, 2009, p.9) outlines that Operations Management as the process whereby resources, flowing within a defined system, are collective and converted by a organized way to add value in accord with policies communicated by management. Recognition and constant valuation of process change are encouraged through an innovative situation. (Grover V, 2008). The Operations Management goals can be classified into customer service and resource Utilisation. (Suresh N. Kumar, 2009). Management by processes offers utensils which might improve and restructure workflow as they contemplate the requirements of the participants involved (customers, shareholders, staff, suppliers,). (Climent C, Mula, J Hernandez, 2009). Other areas in the literature consist of business process reengineering, Hammer and Champy (1993, p. 32), cited on (Wang W. Chan H K. Pauleen D, 2010) BPR is the important rethinking and essential redesign of business processes to accomplish improvements in critical existing procedures of performance, such as cost, quality, service, and speed. A preliminary list of relevant literature is referenced in section 7. Planned Methodology 4.1 Method This proposal is for a case of study to evaluate the implementation of purchase orders workflow process within financial system, using interviews for primary data as styled by Saunders. M. Lewis P Thornhill, 2016. Data Collection A rational methodology will be used to analyse the qualitative research method in conjunction with the existing literature. This project will attempt to deliver a best solution to the issue outlined. Thus, primary data will be collected from interviews with currents system users, managers and purchases orders requesters and creators. Secondary data will be collected from internal company documents such existing delegation of authority policy, current workflow for non-stock purchases orders approval, purchases orders documents created and approved in the last twelve months. A sequence of structure interviews having eight questions based on obtaining a better understanding of the current process will be conducted to allow qualitative data to be composed. Twenty (20) minutes interviews will be piloted with 6-8 employees (that includes purchases orders creator and approvers, purchases orders requestors, managers across the organization). Review and analysis of the interviews and documentation will give indication of current process weaknesses in order to provide relevant recommendations. 4.3 Process Ethical Considerations This project will fulfil with the requirements of ethical conduct of research defined in the project learning materials. Interviews will follow ethical rules and all interviewees will sign consent forms as per the AIB guidelines and National Statement on Ethical Conduct in Human Research 2007. This project will fall into the low risk as per the AIB project learning materials guidelines. Interview participants will be treated as per guidelines and will not be identified in the report. 5.1 Consent forms: The AIB Project Proposal Research Ethics Sheet is attached as appendix A. An executed organisational consent form is attached as appendix B Interviewees will be asked to provide their written consent using AIBs individual Consent form attached as Appendix C and will accompany the project draft. Schedule of Completion The author expectation is to complete this Project within three month from the date obtain an approval. Specific milestone are as follows: Literature review commence by 03 Jan 2017 Project Proposal submission by 19 Jan 2017 Data Research and Collection commences 13 Jan 2017 Writing of draft commences 30/01/2017 Submission of draft 27/03/2017 Submission of final project by 07/04/2017

catcher in the rye :: essays research papers

In J.D. Salinger's The Catcher in the Rye, a young man named Holden Caulfield goes through many misadventures during a three day stay in New York. Holden acts like a careless teenager but the reader gets the feeling that he cared once and wishes that he could again. He has what is almost an obsession with death and is constantly dwelling on the death of his brother Allie, who died of leukemia. He carries Allie’s baseball mitt with him wherever he goes. He was obviously very disturbed by Allie’s death as he broke all the windows in his garage with his bare fist with such force that his hand is still messed up. His feelings toward people and relationships tend to lean toward the negative side. He usually expects the worst, part of that seems to be issues he has from the loss of his brother Allie. One of the words he uses often throughout the novel is phony. He values honesty and sincerity, and can’t stand people who try to make themselves look better in the eyes o f others. He flunks out of every school that his parents send him to including Pency, his current school. He seems to be fairly intelligent and the reader gets a sense that his problems in school are the result of lack of motivation. He isolates himself from those around him and seems to be afraid of change; always assuming it will be for the worst. He seems to have a great deal of love and respect for his sister Phoebe and his dead brother Allie. Holden is a very complex character and is difficult to understand.   Ã‚  Ã‚  Ã‚  Ã‚  The story begins on top of a hill overlooking the football stadium at Pency. Holden stands alone on top of the hill watching the game because he didn’t want to go down into the stadium with everybody else. This is a good beginning as it shows Holden’s tendency to isolate himself from others and his general dislike of people. He has flunked out of Pency, and is not supposed to return after Christmas vacation. Christmas vacation starts in three days but Holden gets fed up with his classmates and school in general and leaves to go to New York and get a hotel room. He doesn’t go home because he wants his parents to get the letter informing them of his expulsion before he comes home.