Speak Essays -- essays research papers

Speak, by Laurie Halse Anderson, is first-person narrative about overcoming our habits and misfortunes. It takes place at Merryweather High over the course of a year. The main character, Melinda, is a fourteen year-old, who is just starting high school. She is introduced, at first, as someone who doesn’t speak to anyone, almost, at all. All the other people in the high school seem to detest her. They say hateful things to her and throw objects at her. She seems not bothered by any of this. She is in her own being.   Ã‚  Ã‚  Ã‚  Ã‚  As the story progresses clues to why people hate her so much are revealed. There is mentioning of a party that Melinda, some how, ruined. People say that they or someone they knew got in trouble at the party. Melinda wants to forget that party. She blocks it out of her head. At every mention of that night Melinda cringes.   Ã‚  Ã‚  Ã‚  Ã‚  Melinda doesn’t like school. She hates the people and despises the classes. All of the classes except art. She loves her art class. Their assignment for the year is to create a piece of art, depicting a given image, that makes a statement. Melinda’s object is a tree. She has trouble with the tree.   Ã‚  Ã‚  Ã‚  Ã‚  Melinda starts school off in a bad way. She continuously gets in trouble with numerous teachers. She never does any homework. She mostly takes naps. Worst of all, in her mind, she has no friends. This does not change until she meets Heather, the new girl. Heather is...

Adam smith :: Essays Papers

Adam smith Adam Smith, (1776), of the division of labor According to Adam Smith, economic growth is rooted in the increasing division of labor and the specialization of the labor force by the breaking down of large jobs into many little ones. Under this regime, each worker becomes an expert in one area of production and workers do not have to switch tasks during the day. This will increase efficiency by saving time and money. Smith illustrates his theory very well with an example of the production pins. He says that an individual could not make as many pins as he or she could produce concentrating on a single operation of its manufacture. Smith tells us that there are three reasons for this: First, the individual has improved dexterity in concentrating on a single task; Second, there is a disadvantage of expanding time changing from one task to another and third, the machines used are designed in a way to perform their task quickly and efficiently for that particular function. Adam smith's division of labor theory was very useful and was introduced into the factories of the 19th century with the assembly line technology. Almost any factory in our days considers the division of labor as a key element for efficiency and for increasing productivity. In the assembly lines of car factories for example, one worker or robot is specialized in assembling the interior, another is responsible for placing the engine, and a third is specialized with the installation of the gear box. However, one should not ignore the disadvantages of this theory. Adam Smith's theory considers men as robots and expects them to do the same task for their whole life. Adam smith :: Essays Papers Adam smith Adam Smith, (1776), of the division of labor According to Adam Smith, economic growth is rooted in the increasing division of labor and the specialization of the labor force by the breaking down of large jobs into many little ones. Under this regime, each worker becomes an expert in one area of production and workers do not have to switch tasks during the day. This will increase efficiency by saving time and money. Smith illustrates his theory very well with an example of the production pins. He says that an individual could not make as many pins as he or she could produce concentrating on a single operation of its manufacture. Smith tells us that there are three reasons for this: First, the individual has improved dexterity in concentrating on a single task; Second, there is a disadvantage of expanding time changing from one task to another and third, the machines used are designed in a way to perform their task quickly and efficiently for that particular function. Adam smith's division of labor theory was very useful and was introduced into the factories of the 19th century with the assembly line technology. Almost any factory in our days considers the division of labor as a key element for efficiency and for increasing productivity. In the assembly lines of car factories for example, one worker or robot is specialized in assembling the interior, another is responsible for placing the engine, and a third is specialized with the installation of the gear box. However, one should not ignore the disadvantages of this theory. Adam Smith's theory considers men as robots and expects them to do the same task for their whole life.

My Reading History :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  If one were to look at my varied reading habits, they would be struck by the diversity and over all unusualness of my mind’s library. I hardly remember the plot of the first book I read, but it was called Lonesome Dove. It wasn’t the actual first book I read, but I don’t really count the McGregor Readers from kindergarten. I read it in first grade because of my Grandmother’s fascination in the T.V. mini-series that was playing during the time. I wanted to be able to talk to her about it so I went to the public library that weekend and picked up a copy. Well, I actually didn’t pick it up, it was too heavy. It took me over two and a half months to read, but with the help of a dictionary and my grandma, I finally read it from cover to cover. I can’t really say that I understood it, because I don’t recall what it was about. But I do remember that it was quite an ordeal. Since then I have read many books. I enjoy fiction the best, especially those that are based on society, but have a small twist that leads to an interesting story. Some of the stories that I remember best from that early time in my life are Tales from Wayside Elementary School, Hatchet, The Godfather, and The Giver. I think that Hatchet, by Gary Paulsen, is the only book that I’ve read more than once. I liked the situation that Brian was put into, lost in the wilderness, with nothing more to fend for himself with than his mind and a trusty hatchet. The adversity he faces and his undying drive are what fascinated me most. Since that time my reading habits have grown into a different style. I have usually only read what was assigned to me during the school year because that was all I had time to do, but I have always strived to put forth extra effort. For example: last year for English 3 AP we had to read an excerpt from Benjamin Franklin’s Autobiography. Although that we only had to read a small bit, I checked the enti re book from the college library and read it all. Although the way that Franklin rambled on and on about his â€Å"Franklin Planner† was somewhat boring, the way he describe his life was pure poetry.

Human Resource Case Study Essay

1. I think his request is reasonable. Nancy should have the time to address Mark’s request to develop an appropriate structure to deal with the growth of both companies. She will be able to present the possible strategies to overcome a shortage of employees. As well, she can discuss reasons why Family Distribution has experienced such a drastic fallout of staff over the past two years. Another topic she should have time to research are the complaints about the hiring practices at Family Manufacturing, whether they have genuine merit, and if so, what can be done to correct the situation. She should also be able to address the concerns of the vice president’s of both companies. . 2. I would not recommend one comprehensive plan for both companies because they are both experiencing different challenges that require separate action plans. Family Medical Distribution is making far less profit than it did at its peak in 1989 and has had to evolve into a specialty distributor of high end supplies just to stay afloat. Family Medical Manufacturing, on the other hand, is continuously exceeding its growth and profit projections yearly. They have the potential to grow the company even further but do not currently have the human resources to do so. . 3. Sam is a person who has been with the company for quite a long time. He has served in various positions and moved his way up the ranks, so he would have a good understanding about how the business is run. I think that Nancy should befriend him to understand his point of view and unique insights on how the company has evolved over time. . I think that Sam understands that a plan needs to be implemented to turn the company around. He has spent time and resources trying to evaluate his marketing department, sales, and operations. He’s even expressed that the staff need to work â€Å"smarter† not â€Å"harder†, but has given no specific direction on what could be done to make this a reality. His skepticism towards the value of HR seems to be based on the results of a department that has been running without a manager for the past 13 months. Even though the HR associate, Claire Jackson, has done a great job trying to keep things afloat, she simply does not have the time or expertise to run the entire department by herself. His judgment of the results is fair in the sense that HR is not particularly useful in its current incarnation, but he doesn’t seem to have the insight to understand how much it could accomplish if it were running smoothly with competent leadership. . Nancy should explain to Sam that the best way to make the company more efficient and to work â€Å"smarter† is by appreciating how important a structured, secure working environment is to people. In order to make the company more profitable, she needs to convince him that the most important thing to do right now is to sort out how best to utilize people to achieve quality performance while at the same time promoting a business plan that will encourage growth. . 4. One glaring challenge is that there are four past complaints about hiring practices. Trust among the employees for the hiring process has been diminished, and the damage has already been done. Even though Mark Olsen seems to understand the importance of a strategic HR program, he has made some critical mistakes and shown a lapse in judgment in three ways. . Firstly, he has shown a bias in hiring people from his former employer in all cases of formal complaints made against the company. It is doubtful that the interview and selection process for these positions was done in a fair, unbiased manner. . Secondly, he has ignored the resources he already had at his disposal by hiring employees externally. In all formal complaints the employees had the education and training do the job they were applying for. Most people want a sense of purpose and accomplishment from their careers, and ignoring that basic desire will only create discontent among the workforce. . Finally, he disregarded and disrespected the entire hiring process by promising a position to someone before the opening had even been posted. In my opinion, this type of favoritism is one of the fastest ways to demoralize people. . At the upcoming meeting for Nancy’s presentation of her human resource plans, she needs to address these mistakes and explain to Mark how important it is to follow procedure, respect the hiring process, and moreover to respect his own employees. . 2. When Nancy present’s her plan, she needs to explain the different challenges that both companies are dealing with. There are pressures and opportunities to be found in both cases. Family Medical Distribution is a well respected company but has undergone significant downsizing due to government cutbacks. The opportunity here is to create an efficient supplementary business that will complement its manufacturing counterpart. Family Medical Manufacturing has plenty of room to grow, but not enough qualified personnel to help develop its upcoming products. . Next, she should state what goals of the company are to get clear about where they want to be in a five year time frame and what it will take to get there. Mark has said that his goal is to enter the home nursing market, so the plan needs to account for what needs to be done to achieve this goal from a HR perspective. . I think the most important issue that both companies need help with is in utilizing the talents and skills of their workforce in a way that compliments the needs of both divisions. The best solution is to consider both companies as one working unit from a HR standpoint. The deficiencies in staffing at Manufacturing could feasibly be satisfied by transferring the appropriate staff from Distribution. This would be an elegant way of taking care of the staffing needs of both companies while at the same time improving employee relations with upper management, an important first step in regaining a sense of trust and security. Nancy should also suggest that some of the money and employee benefits invested in Manufacturing’s new facility be put into effect at Distribution’s plant. It’s important to show genuine equality to employees and this would help to impart the understanding that both businesses are important for continued success.

Impact of Globalisation on International Business Essay

Tesfay Kumenit, Faculty of Law, University of Gondar, Ethiopia, 2008 The term globalization did not become popular until the 20th century. Then onwards, it has become a typical issue understood to affect the whole socio-economic and political life of states throughout the world. Besides, the discourse on globalization is complex with far-reaching effects on national and international laws and policies pertaining to the social, economic and political matters. It is commonsense knowledge that issues related to globalization are open to debates, as various people have varying perceptions about it. At one extreme, we have those who see globalization as an irresistible and benign force for delivering economic prosperity in economically underdeveloped areas. On other extreme, we have those who blame it as a source of all contemporary ills. Those people taking the latter line of argument emphasis on the negative impacts of globalization from various dimensions. Specially, they make frequent reference to the difficulties faced by small enterprises in underdeveloped areas in taking advantage of the benefits of globalization. As the result, the rural and informal economies remain on the margin, which in turn leads to persistent poverty. Besides, the industrial restructuring in force of competitive markets is highly probable to insecure jobs and dramatically affects the working conditions and rights of workers in some countries. In most developing countries, globalization has undermined traditional livelihoods, changed the traditional social security systems and increased rural-urban and intra-regional inequalities. Moreover, some multi-national investment have been exacerbating environmental degradation and generated pressures for cheaper and more flexible labor in order to retain competitiveness which in effect could erode the values of democracy and social justice. In relation to this, the accountability of these institutions engaged in business is debatable. In reality, some people feel that transnational bodies are unaccountable which usually disregard the local perspectives of cultural, linguistic, and other diversities. The other extreme argument is on the positive impact of globalization. To this effect, it is widely accepted that the key characterstics of globalization have been the liberalization of international trade, the expansion of FDI, and the emergence of massive cross-border financial flows. This resulted in increased competition in global markets. It is also widely acknowledged that this has become about through the combined effect of different understanding factors mainly policy decisions, to reduce national barriers to international economic transactions and the impact of new technology. Due to the effect of the latter, the natural barriers of time and space have been vastly reduced. At present, the cost of moving information, people, goods and capitals across the glop has fallen dramatically which in turn vastly expanded the feasibility of economic transactions across the world. As to this, people believe that markets can be global in scope and encompass an expanding range of goods and services. With the intention to benefit international communities on equal footing, various institutions were created. Among others, UN, ILO, WTO, GATT and IMF are the most influential ones. These institutions set certain preconditions that states shall fulfill to get membership. Beyond that, a number of laws are issued to liberalize international business transactions. By this, it is sought that regional cooperation in trade and finance could increase stability. As it is mentioned above, globalization can have both direct and indirect impact on states. It would also inevitably affect the laws of international business transactions either negatively or positively. As to the former, the challenges against globalization may dictate the revision of these laws in a manner which may equally benefit the poor and the rich. The question that must be capitalized is whether these laws are in positions to treat the north and the south as there is unbridgeable gap between them. If states are to be benefited from the globalization, most argue that there must be fair laws which consider the local realities in developing countries. Hence, some argue that the present laws to this end do not take the realities at ground in to account specially in third world countries. the fact that the market is highly competitive, the poor would be pushed out of game and this would even increased income disparities with in the industrial countries . he multi-national institutions which have small capital in industrial countries, may transfer to the countries with lower cost. These institutions would easily make profits in the expense of the poor. Then power would be shifted from local institutions to trans-national ones. Many agree that globalization by itself is not a problem. But, laws which are designed to regulate the global transactions shall consider the existing realities the failure of which may rise various impediments against globalization. Institutions like IMF, The World Bank, The WTO, The ILO, and other specialized agencies as well as business, trade unions and other NGOs are in a lead to guide the process to this effect. To be beneficiaries of these institutions, sates have to revise their domestic laws in conformity with the guiding principles and regulations of the above institutions. In the due course, they are expected to enhance social infrastructures and respect human rights. The other face of this achievement would enable poor countries to get assistance and donations from these powerful donor institutions. As a result, limitations on free trade would be minimized and this in turn may lead to the flow of foreign direct investment which directly or indirectly add to efforts of poverty eradication and promote sustainable development. These measures would make states to think of common laws regulating business transactions. By this, there would be free trade with no or little barriers across the borders. But this does not mean that multinational corporations are free to exploit resources for the sole purpose of profit maximization. Rather, they have to have social responsibility as well. In fact, it is debatable as to what responsibilities these institutions assumed to have. The debate in this regard largely revolve around the conduct of multi-national corporations and other large private companies which ,due to their sizes, have the ability to significantly influence domestic and international policy and the communities in which they operate. Central to the debate is the perceived deficiency of national and international law remedies regarding corporate accountability, particularly the ability of available regulations to successfully regulate a corporate’s conduct in jurisdictions outside their home state. Moreover, most people agree that the efficient functioning of the global markets depend on socially responsible business conduct. To this end, organizations, such as UN, the International Labor Organization (ILO) have developed compacts, declarations, guidelines, principles and other instruments that outline norms for acceptable corporate conducts. To sum up, though there are the divided idea as to how all states benefit from globalization, at present, most agree that issues in relation to human rights, environmental maters etc are the common concerns of nternational communities which have to be respected and promoted by the joint efforts in every corner of the world. Moreover, since international business transactions directly or indirectly related to these common concerns, it is believed to be a common concern as well. There fore, laws of international business transactions have to be in a position to respect and promote principles and guide lines provided to regulate other global concerns. From this, it is easy to understand, how much the laws of international business directly or indirectly are under the influence of globalization.

Give Me Liberty: Chapter 17 Outline Essay

Populists or people’s party members were part of this era’s greatest political insurgency. It evolved from the Farmers’ Alliance, where farmers across forty-three states banded together to remedy their condition. The people’s party not only attracted farmers but also included all the â€Å"producing classes.† Their lasting legacy comes from the populist platform of 1892 and also from the fact that populism came close to replacing the two already existing parties. Explain how a system of racial segregation was established in the South: Since populism failed in the south, it was open to the induction of a new racial order. As much of Reconstruction was undone as possible by the Redeemers, so called because they believed they saved the region from alleged misgovernment and impending â€Å"black rule.† New laws were created that jailed anyone without a job, and the punishment for petty crimes was increased tenfold. Of course, the black population suffered the greatest after this. Then, convict laboring became popular which basically put blacks right back into slavery. Blacks continued to be denied high paying jobs, but a black middle class began to arise in the urban communities consisting of people with professions such as teachers and professors. Blacks in politics declined also, though not abruptly. They eventually lost their right to vote. In Plessy v. Ferguson it was made legal to segregate public places. Lynching also rose in popular ity again. Describe what ways the boundaries of American freedom grew narrower in this period: At the end of the 19th century, the thought process of Americans changed quite a bit, towards the idea that freedom should not be offered equally, only to the right and supposed deserving people. An Ohio newspaper stated that the influx of immigrants was overrunning cities, and that they â€Å"have no appreciation of the true meaning of liberty.† Most of the immigrants in this period came from Italy, Russia, Austro-Hungarian empires, and other countries in Southern and eastern Europe. Immigrants were looked down upon as horrible excuses for people who are inclined to steal and commit crime from birth. People started to look for a way to limit the rights of these people, and also prevent more from entering. In Boston, the immigration restriction league was formed and proposed that literacy would be required to enter the country. This was adopted by many states. Blacks also continued to see less and less rights in the South, as well as disenfranchisement. Suffrage was becoming more of a privilege in America, instead of a right. Explain how the United States emerged as an imperial power in the 1890’s: America started out slow as government officials and business owners decided the land and resources they had weren’t enough. At first, proposals to annex other countries were vetoed and over-sea focus remained mostly on trade. Then, a group of late nineteenth century thinkers proposed an idea of updated manifest destiny, and that the most beneficial thing to do for the world was to impose the Anglo-Saxon traditions on uncivilized societies and turn them into consumers of American goods. This was outlined in the book Our Country by Josiah Strong. Alfred T. Mahan took advantage of the time at which western expansion ended, as all land was finally claimed by a state. He published a book that urged American expansion to move outward because we could no longer capitalize on our own land. This book influenced James Blaine, secretary of state during the presidency of Harrison. Harrison requested the construction of four new battleships, while Blaine encouraged the president to push for Hawaii, Puerto Rico, and Cuba to be set up as naval bases. The depression further exacerbated these ideas and plunged the country into a period of aggressive nationalism, where newspapers containing sentiments of nationalism views sold like hotcakes. Vocabulary: The Farmer’s Alliance – Farmer’s in the early 1890’s felt disenfranchised, so they banded together to aid each other. Spread across 43 states. The Populist Party – Evolved from the farmer’s alliance, except it included all working classes. Their platform still remains a classic American document. They sought to redefine the idea of freedom in the contemporary government. It attracted many followers, including a large number of women who wanted suffrage, and a small number of blacks. Populist Platform – Consisted of six main items: 1. Direct election of U.S. Senators 2. Government control of currency 3. A graduated income tax 4. Low cost public financing for farmers 5. Legalize unionizing 6. Public ownership of railroads William J. Bryan –Second candidate chosen by populists for president. He was supported by democrats as well and ran as democrat even. He condemned the gold standard, and advocated free silver and unrestricted minting of silver money. He hoped it would help relieve farmer debts. He was also devoutly religious. Coxey’s Army – A band of several hundred unemployed men led by Ohio businessman Jacob Coxey demanding economic relief. They marched to D.C. where they were forced to disperse by soldiers. Pullman Strike – Workers in a company owned town called Pullman called a strike due to low wages. The idea spread and the boycott called by the American Railway Union crippled national rail service, government injunctions were imposed to force laborers to work. Eugene V. Debs – Charismatic leader of the rail-worker’s union and the Pullman strike, was jailed for contempt of court. On his release, 100,000 people greeted him, and he called them lovers of liberty. He said that state and national government was going to take from the weak their birthright of freedom. Free Silver – Unrestricted minting of silver money, Supported by Bryan because he hoped to circulate more money to aid farmers. Election of 1896 – Won by William McKinley, the republican candidate. Bryan who represented the democrats lost by about 6 million votes. Bryan is noted to have driven many republicans to McKinley because of Bryan’s call for inflation and speeches against corporate arrogance. Northeast and Midwest industrial states voted republican, while less populous states voted for Bryan which is why he lost. William McKinley – Former Ohio governor and republican, won the election of 1896. His campaign manager Hanna created a political machine that flooded the states with pamphlets and other propaganda. The Redeemers – Claimed to have redeemed the southern region of misgovernment and black rule. They were able to impose their racial order due to the failure of populism in the south. When they gained power they quickly undid as much as they were able of Reconstruction. New laws incarcerated people for the simplest of crimes, and then convicts were bought and sold and used as a cheap form of labor, much like slavery. The Kansas Exodus – 50,000 blacks migrated to Kansas in the belief they would find political equality, freedom from violence, access to education and economic opportunity. Pap singleton handed out flyers portraying Kansas as a utopia. However, most blacks didn’t have the capital to farm so they ended up getting stuck there with low paying jobs. Decline of Black Politics and voting – Black people gave up their interest in politics after reconstruction, and they sought more fulfilling careers in business, law, or the church. This turned out to be their worst mistake because then their voting was taken away in the south as soon as it was possible. Poll taxes and other voter restrictions were enacted that were aimed at blacks but still lawful. Jim Crow Laws – State and local laws mandating de jure racial segregation in Southern states. Examples: Created the poll taxes, literacy tests, and the grandfather clause. Blacks were denied access to many public and municipal facilities such as parks, theaters, housing, and mass transit. Various economic sanctions were placed on blacks in order to maintain their status. Plessy V. Ferguson – Upheld the constitutionality of state laws requiring racial segregation in public facilities under the doctrine of â€Å"separate but equal.† Lynching – The murder of a person, usually black, and then hanging them on a tree to ridicule them. Authorities seldom involved themselves in the conflicts even though they knew about them. Chinese Exclusion Act – The first major legal restriction on immigration to the U.S.; prohibited further unskilled Chinese immigration in order to reduce competition for jobs. Booker T. Washington – Former slave who promoted economic independence and a slow transition for blacks into free society; founded the Tuskegee Institute. American Federation of Labor – Alliance of skilled workers in craft unions; focus was bread-and butter issues such as higher wages, shorter hours, and better working conditions. It was led by Samuel Gompers. Alfred Mahan – Author who argued in 1890 that the economic future of the United States rested on new overseas markets protected by a larger navy; wrote â€Å"The Influence of Sea Power Upon History.† Josiah Strong – Author of Our Country: Its Possible Future and Its Present Crisis, in which he urged Anglo-Saxons to â€Å"civilize and Christianize† the American West. Annexation of Hawaii – American sugar plantation owners began the annexation by overthrowing the country’s queen successfully, which was followed by American military action. McKinley requested a joint resolution of annexation because it was popular amongst Americans although not among Hawaiians. Spanish – American War – Caused by suspicions of the Maine, support of Cuban independence, economic depression, and Yellow Press Journalism. The effect it had on America was that it pushed it into imperialism, after the war was won by the U.S., they received three new territories. Teller Amendment – Promised that America would not annex Cuba after winning the war. Yellow Journalism – Journalism that exploits, distorts, or exaggerates the news to create sensations and attract readers. Open Door Policy – Allowed free flow of trade with Asia, while still barring Asians to enter the country. The Philippine War – Began after Filipinos incorrectly thought that they would self govern after independence from Spain. McKinley decided he still wanted the islands though, so they revolted and lost. â€Å"White Man’s Burden† – Poem by Rudyard Kipling outlining the contemporary thoughts of the government, which is it is our duty to civilize the lesser races. Anti – Imperialist League – Argued that an empire and democracy cannot coexist.

Nonfunctional Requirements

Functional requirements define the needs in terms of performance, logical database requirements, design constraints, standards compliance, reliability, availability, security, maintainability, and portability. EXAMPLE 1 Performance RequirementsPerformance requirements define acceptable response times for system functionality.The load time for user interface screens shall take no longer than two seconds.The log in information shall be verified within five seconds.Queries shall return results within five seconds.Example 2Logical Database RequirementsThe logical database requirements include the retention of the following data elements. This list is not a complete list and is designed as a starting point for developmentBooking/Reservation SystemCustomer first nameCustomer last nameCustomer addressCustomer phone numberNumber of occupantsAssigned roomDefault room rateRate descriptionGuaranteed room (yes/no)Credit card numberConfirmation numberAutomatic cancellation dateExpected check-in date. Expected check-in timeActual check-in dateActual check-in timeExpected check-out dateExpected check-out timeActual check-out dateActual check-out timeCustomer feedbackPayment received (yes/no)Payment typeTotal BillFood ServicesMealMeal typeMeal itemMeal orderMeal payment (Bill to room/Credit/Check/Cash) EXAMPLE 3 Design Constraints The Hotel Management System shall be a stand-alone system running in a Windows environment. The system shall be developed using Java and an Access or Oracle databaseIllustrate a timeframe needed to complete each task based on the requirements from question 2.(5 Marks)Answer Estimating time framesTo manage your time well, you should know not only what tasks you need to accomplish, but also when those tasks must be completed and how long they'll take. Making accurate estimates about how long a task will take is one of the keys to effective time management. Many management problems are the result of unrealistic estimates of how long it will take to complete specific tasks.If you estimate time frames accurately, you'll be able to schedule work efficiently and meet deadlines:schedule work efficiently  Ã¢â‚¬â€œ Accurate estimates about how long tasks will take to complete make scheduling a lot easier. They ensure that you won't have to keep changing your schedule. If you have a task that you accurately estimate will take six hours, for example, you can allot that time in your schedule and be reasonably confident you won't have to change the schedule. But what if you didn't accurately estimate the time for that task and allotted it only three hours? It would throw your schedule off, and you'd need to rework it.meet deadlines  Ã¢â‚¬â€œ If you're accurate in estimating the time it will take to complete tasks, you'll be better able to meet your deadlines. If you're estimates aren't accurate, you may need to ask to change deadlines or disappoint others who are relying on you to complete certain tasks. With accurate time estimates, you'll also be more confident about setting deadlines because you know that the time you assign for completing each of your tasks is realistic.Time estimate equationIt's important to estimate the time frames for your tasks accurately so that you can schedule all your work effectively and meet deadlines. To go about doing this, you first need to know the requirements of each task and your experience with activities – both when they run smoothly and when they don't – to produce three time estimates:The  likely time  is the time that the task normally takes you to complete. It helps to consider the time it takes to complete the task without interruption. You should also think about a time frame you would be comfortable with based on your workload, the task, and any external factors that may delay or speed up the completion of the task. The  shortest time  is the least amount of time that you have taken to complete the task in the past. It may also refer to the shortest time in which you think you can complete the task if there are no interruptions or distractions.You can estimate the  longest time  by considering what may go wrong when performing the task and then adding this extra time to the task's likely duration. This estimate should be based on your experience of this type of activity in the past, as well as on any foreseeable difficulties. You use the three time estimates to calculate the shortest possible time to complete a task based on an average of the likely, shortest, and longest times. Because in most cases a task will take the likely time to complete, this time is given more weight. You need to multiply it by 4, add the shortest time, and then add the longest time. You divide the total by 6 to get the shortest possible time.One important thing to remember is that you must use the same measurements for each type of time. For example, if your likely time is a number of days, the shortest and longest times must also be in days. If your estimates are in different measurements, start by changing them so they are all the same. The time frames equation often produces a shortest possible time that is longer than the shortest time you put into the equation. This is because the equation helps ensure that you're realistic about how long things will take. To manage your time effectively, you have to estimate the time it will take to complete each of your tasks. Doing this ensures you can schedule your work appropriately and meet all your deadlines. To estimate the time frames for your tasks, you can use a simple time frames equation, which uses estimates for the likely, shortest, and longest times to calculate the realistic, shortest possible time that it will take to complete a task. Five threats to your business that you need to consider for the success of this system.Answer: After assessing the strengths and weaknesses of your business for your business plan, look for external forces, like opportunities and threats, that may have an effect on its destiny. These changes includeThe appearance of new or stronger competitors.The emergence of unique technologiesShifts in the size or demographic composition of your market areaChanges in the economy that affect customer buying habitsChanges in customer preferences that affect buying habitsChanges that alter the way customers access your business. Changes in politics, policies, and regulationsFads and fashion crazesList the threats and opportunities facing your business, and follow these guidelines:When listing opportunities, consider emerging technologies, availability of new materials, new customer categories, changing customer tastes, market growth, new uses for old products (think about how mobile phones and even eyeglasses now double as cameras and computers), new distribution or location opportunities, positive changes in your competitive environment, and other forces that can affect your success. When listing threats, consider the impact of shrinking markets, altered consumer tastes and purchase tendencies, raw material shortages, economic downturns, new regulations, changes that affect access to your business, and competitive threats, including new competing businesses and competitive mergers and alliances. Also think about the impact of expiring patents, labor issues, global issues, and new products that may make your offering outdated or unnecessary. If you're having a tough time getting specific, look back at the strengths and weaknesses, but this time, use it to list strengths and weaknesses of a competitor. You won't know as much about your competitor's capabilities as you know about your own, but you probably know enough to flag areas of strength and weakness. Your competitor's strengths are potential threats to your business, and its weaknesses present potential opportunities. Three elements of risk All risk management standards agree that the goal of risk management is to enhance the chances of success of the relevant endeavor. However, each of them provides a different definition of risk: ISO31000:2009 calls it â€Å"effect of uncertainty on objectives,† the PMI â€Å"PMBOK Guide†Ã‚  has â€Å"an uncertain event or condition that, if it occurs, has a positive or negative effect on the project's objectives,† and the preferred Risk Doctor definition is â€Å"uncertainty that matters. â€Å"Each description is true, but only partly so. This matters because, until we know what we are dealing with, we cannot manage it in the best way possible:If we use the ISO definition, then our first thought will be to focus on the  effect;If we follow PMI, then we will start from the potential  occurrence;With the Risk Doctor definition, we start from  uncertainty.Each of these — the effect, the event and the uncertainty  Ã¢â‚¬â€Ã‚  is a component of risk, but on its own is not a risk. Even taken in pairs they do not provide the full picture:an effect plus an event is  an issue;an event plus an uncertainty is  a prediction;an uncertainty plus and effect is  a concern.It is only when you put all three together that you can see what a risk is made of, and use this information to decide on what, if anything, to do about it. Of course, this then requires a longer definition, but the goal enhancing the chances of success is worth the effort. But what is â€Å"success†? It is more than simply â€Å"meeting objectives;† it must also include the condition of â€Å"complying with project constraints† in order for the final result to remain within scope.Given this clarification, a more complete definition is: â€Å"Risk consists of three parts: an  uncertain situation, the  likelihood of occurrence  of the situation, and the  effect (positive or negative)that the occurrence would have on project success.† The three-part definition helps with three important stages of the risk management process:In  1.risk identification, it supports the structured description of a risk (â€Å"risk metalanguage†) in the form: â€Å"Because of , may occur, leading to In  2.risk evaluation, knowledge of potential causes allows you to evaluate the likelihood; identification of effects provides a basis for quantifying the impact. In  3 risk response planning, the different parts of the definition suggest different response approaches:for  threat avoidance, understanding the  situation  may allow you to stop it happening or protect against its results;understanding the  situation  can also be used to help us  exploit opportunities;in  risk transfer or sharing, we seek a partner better equipped to address the  effect;for  threat reduction  or  opportunity enhancement, we focus on the  effect  and/or the  likelihood;in  risk acceptance, any contingency plan has to address the  effect. Including these three components when you describe risks (the uncertainty, the event and the effect) will help everyone involved in risk management to take account of these three important aspects of risk, and act on them to enhance the chances of success. EXAMPLE Two examples of Managing risk in hotels Process and framework IHG has an established risk management process and framework embedded in owned and managed hotels in all regions. The long-term strategic goals are aligned with the IHG core purpose Great Hotels Guests Love and include three key elements:safety and security of guests, employees and other third parties;brand strength supported by operational excellence in risk management at all hotels and corporate locations; andmaintenance and promotion of the reputation of the Company. Our approach has been to enable and support hotel owners, staff and corporate functions to manage risk effectively. This is accomplished by giving them a systematic approach and framework to follow and by providing them with tools to do the job.The Global Risk Management function aims to share specialist knowledge and capability globally whilst being aligned to the operational structure of the business to ensure local circumstances are understood and respected and greater engagement of our people is achieved. Example 2 1 Safety and security risks in hotelsA strategic framework for hotel safety and security has been designed for owned and managed hotels and is illustrated below, showing the identified groups of risks and describing the management activities carried out to mitigate those risks.2 Mitigating hotel safety and security risksRisks are identified at hotel level through various means including intelligence gathering, quality audits, risk management assessments and internal audits. They are also identified as a result of incidents, customer audits and self-assessment. Hotel management discuss issues at monthly safety meetings and action plans are developed. Risks are prioritised, assigned and improvement actions are identified, progressed and monitored. Action plans are reviewed at appropriate levels in the organisation for issues that need to be escalated either to drive action or to develop common solutions. IHG believes it has a mature and capable systemic and systematic approach to managing hotel safety and security which both reduces the likelihood and impact of events. The embedded culture within IHG makes hotels and the corporation more resilient to unexpected or unidentifiable risks.https://www.ihgplc.com/files/reports/ar2009/managing-risks-in-hotels.htmlhttp://exclusive.multibriefs.com/content/3-essential-elements-of-risk/business-management-