Wednesday, December 25, 2019

The Negative Effects of Television and Video Games on...

American children watch on average, 4 hours of television daily and play 19 hours of video games a week. Television and video games are filled with violence these days. Exposure to violence on the television, on movies, and on video games negatively effects children behavior. Children are likely to copy the violence that they see on T.V., especially if a good guy is the one using violence. If no consequences are shown for violent behavior on T.V. or in video games, children are more likely to imitate that violence, because they think it is acceptable. Over 200 studies show that even a single exposure of violence in media increases physical aggression in the immediate situation. The more violent activities a child repeatedly views on television, the more normal it becomes. Punching, kicking, or pretending everything is a weapon are things that children who are overexposed to violence do. Over exposure to violence at a young causes desensitization toward violence and no sympathy for vi ctims of violence. When violence is repeated on the television or on video games, it becomes normal in a childs eyes. So when children see the same type of violence in a real life situation, its not as of a big deal as it should be. When violence or tragedy happens in the real world, no child should be so immune to violence that he or she isnt affected by it. If a child is less sensitive to violence, he or she is more likely to commit violent acts because there is nothing in their brain sayingShow MoreRelatedEng 1011630 Words   |  7 PagesViolence in Music Videos and Music Lyrics has a negative impact on children. Music videos that expose profanity and sexuality are inappropriate and leave a negative impression on young children. Violence in music videos can cause health problem. Music videos that promote negative lyrics are affecting young children. Music lyrics with vulgar languages affect the development and well-being of young children. For example, the study author ( Stone, 2009) found â€Å"that music with explicit referencesRead MoreMedia Effects On Children And Adolescents1521 Words   |  7 Pagessuch as watching television, using the computer, and talking on the phone. On the media we could learn and find out the information that we need. And we can also share our personal information on the media. Media gives us a lot of convenient in our life, but there are also some negative impacts. Media has a lot of negative impacts which it could be affected on children and adolescents. The article â€Å"Media and Risky Behaviors† by Escobar-Chaves is discussed about the media effects that cause the riskyRead MoreMedia Violence And Its Effect On Society1184 Words   |  5 PagesIn recent years, many scholars have begun to examine the negative effects of media violence. There is a debate on whether negative effects directly derive from media violence. Because media violence has been proven to have a negative effect on society, this essay will argue that there needs to be more censorship on media violence. I will first examine the influence media violence has on mass shootings. Next I will discuss a study relating to dating violence, certain movies and shows encourage datingRead MoreNegative Impact of Media Violence on Children1704 Words   |  7 Pagesintroduction of television in the middle of the century , mass media availability began to increase. By the year 1955 two-thirds of all homes in America were outfitted with a television set. This figure increa sed to around ninety-three percent by the end of that decade. So it is not surprising that today television and mass media are a part of virtually all Americans. The rise in media availability of all sorts has grasped a connection with a steep rise in media consumption among both children and adultsRead MoreThe Effects Of Television And Video Game Violence On Children899 Words   |  4 PagesIntroduction The following paper will examine the negative effects of television and video game violence on children who watch and play these games. Speculation as to the causes of the recent mass shootings in American schools and other public places motivated me to pay more attention to violence on television and in video games and write this paper. Most of these horrible attacks on innocent people occurred by a teenager or young adult. Flipping through television channels, I started paying attention toRead MoreHow Technology Can Benefit A Child s Cognitive Development1061 Words   |  5 PagesChildren use a lot of technology. They use technology whether they are using social media, using a learning program, or reading an electronic book. The truth is, that there are more positives than negatives when children use technology. There is fear that if children use too much technology they will not have proper development especially cognitively. This paper will show how technology can benefit a child’s cognitive development. One benefit is young children can learn how to read while using aRead MoreThe Effects Of Media On Young Children1742 Words   |  7 Pages Abstract This paper intends to bring awareness to the harmful effects of the media on young children. Through this paper, I will investigate the claim that television promotes observational learning. I will describe the obscenities the media exposes to children. With that, I will explain how the media causes aggression in consumers, especially those of youth. This paper will also expound on the powerful effect modeling has on behavior. I will provide extensive examples of the impact ofRead MoreHow Media Affects The Socialization Of Children1562 Words   |  7 PagesHow Media Affects the Socialization of Children As mass media continues to expand through our use of everyday electronics, children s socialization skills may be suffering by the lack of face to face, physical, and natural interaction. Mass media like television, computers, radios, newspapers, video games and many others play a huge role in socialization in children. Children need interaction, and mass media offers no physical interaction at all. Children are spending more and more time in theRead MoreExposure to Violence and Videogames844 Words   |  3 Pagesbeen born into and raised in a generation where violence is idolized in video games and in the media. Although parents monitor and guide their children, â€Å"[the] media is everywhere. TV, Internet, computer and video games all vie for our childrens attention]† and often times are the sole free-time activity (American Academy of Pediatrics). As media monopolizes the adolescent generation, society has begun to look at the effects it may have especially material tha t promotes violence. Although much ofRead MoreThe Effects Of Video Games On Children1034 Words   |  5 Pagesdeveloped in a way that even children are affected by technology. They enjoy video games in their leisure time and even prefer them to studying that, in its turn, can contribute to their poor performance in the class. These days, video games have become an issue that has brought concern to many people from parents to scholars about their potential effect on the future of children through influencing their conduct. They feel that the violent behavior or any other negative consequence can occur as an

Tuesday, December 17, 2019

The Fusion of Content and Form in Sonnet 29 Essay examples

The Fusion of Content and Form in Sonnet 29 One of the most popular of the fixed poetic forms in English literature is the sonnet. Attributed to the Italian poet Petrarch in the fourteenth century, the sonnet is still used by many contemporary writers. The appeal of the sonnet lies in its two-part structure, which easily lends itself to the dynamics of much human emotional experience and to the intellectual mode of human sensibility for argument based on complication and resolution. In the last decade of the sixteenth century, sonnet writing became highly fashionable following the publication of Sir Philip Sydney’s sonnet sequence Astrophel and Stella, published in 1591. Sonnet sequences were widely read and admired at this†¦show more content†¦A different rhyme scheme and thus a different convention of logical and rhetorical organization determines the differences between the two sonnet forms. In the Petrarchian sonnet the problem is solved by reasoned perception or a meditative process. The Shakespearean sonnet maintains the basic two-part structure of conflict and resolution, now presented in fourteen lines of three quatrains and a concluding rhyming couplet. Each quatrain presents a further aspect of a problem, conflict, or idea. The resolution occurs in the last two of a rhyming couplet, achieved through logical cleverness that summarizes or ties together what has been expressed in the three quatrains. The rhyme scheme, subject to variation, is abab, cdcd, efef, gg in iambic pentameter. The sonnet sequence is a gathering together of a number of sonnets to present a narrative or examine a larger theme. Shakespeare’s sequence, like Sydney’s, was intended as a series of love poems to celebrate the poet’s affections for a young male friend. The poems were collected and published as a sequence in 1609, though initially they were private poems meant for a small circle of writers and friends, not for publication. There are 154 sonnets in the sequence. Some scholars speculate these are ones that remain from a longer work, thus accounting for the sonnet’s problems in chronology, thematic development, and connections between individual poems. Other scholars speculate that not allShow MoreRelatedLanguage of Advertising20371 Words   |  82 Pagesclassification of language styles (Belles-Letters Style, Pablicist Style, Newspaper Style, Scientific Prose Style). And finally in the chapter eleventh it is analysed psychology and advertising. Contents Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.6 Chapter I. What is an advertising, its definition?†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦8 1. Advertising and the Modern World†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦9 2. Advertising all over the world†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦10 3. History†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦12 Read MoreMetz Film Language a Semiotics of the Cinema PDF100902 Words   |  316 Pagesrequirements of the American National Standard for Information Sciences-Permanence of Paper for Printed Library Materials, ANSI Z39.48-1992. To George Blin, Profesor at the Collà ¨ge de France, whithout whom none of these pages would have been started. CONTENTS A Note on the Translation by Bertrand Augst, ix Preface, xi A Note on Terminology, xiii I Phenomenological Approaches to Film Chapter I. On the Impression of Reality in the Cinema, 3 Chapter 2. Notes Toward a Phenomenology of the Narrative, 16

Monday, December 9, 2019

Risk Management Techniques Raffles Education Corp.

Question: Discuss about the Risk Management Techniques for Raffles Education Corp. Answer: Introduction: The purpose of this report is to prepare a risk management plan for Raffles Education Corp. It deals with identification and analysis of the risks management plan based on identification of thirty risk indicators and also providing a treatment of the eight of such issues observed in the risk registered. The various types of parameters in the in the registers consists of risk description, causes, consequences and area of risk. The measurement of the risk is based on parameters such as control risk level, control risk score, control likelihood and risk accepted. The treatment plan of the risk provides the guidelines treatment options, rating after treatment, costs and benefits analysis of the risk, preferred options and persons responsible for the correction of the risk causing factors. The report also suggests the various types of measures for monitoring of the risk and strategies for the purpose of effective management of the risk. Risk management organization Objective of risk management plan The objective of the various types of risk management plan is to identify the potential threats of the Raffles education corporation. It is done in order to identify the proper channels of risk and mitigate the risk in accordance with the timely assessment of the risk. The risk management plan will ensure efficient decision making process within the institute. It will also help to identify the various types of risk area and departments with which the respective risk can be categorized. The risk department categorization mainly consists of the long terms and short term sources of the risk. The risk register further provides the guideline for the proper evaluation of the likelihood of the various types of identified risks and the consequences which can be adopted to control the risks. The measurement of the risk further provides the risk control level and the risk scores provides the risk control level based on the threat level of the respective risks.[2] [3] Risk management policy The risk management policy of the Raffles Education Corp forms an integral part of the internal and control and governance of the various types of activities managed by the institute. The various norms of the risk policy deals with the key aspects in risk management process and identification of the reporting procedures maintained for the purpose of the risk management. [4] The various approaches for the risk management involve the following process: The main executive and the head responsible for the purpose of policy making body of the college corporation of the Raffles Institute is responsible for risk management. The college corporation has a role in maintaining a effective system of the internal control that is in the favor of the achievement of the policies and thereby also safeguarding the public interests and funding of the assets which is responsible as per the accordance with the Government guidelines and financial memorandum along with the learning skills council of a particular region. The college committee should follow a free principle in responding and approaching the risk the risk with more receptive problem solving approach. The policy based on the audit committee should further ensure that the committee advises the Raffles Corporation on risk management. The Institute is responsible for making a conservative approach and prudent recognition of risk factors and disclosure of the various types of financial and non financial types of the risks. The head of the department of the Raffles Institute Corporation and other governing bodies of the college committee are responsible for encouraging and promoting the implementation of efficient risk management procedures and practicing of the same at departmental levels. The corporation has a major role to play in influencing the risk culture of the management which exists within the college and determining whether the risk can be averted or not. The entire issue is seen as relevant individual issue. The college is also responsible for setting the standards and expectation among the staffs with an emphasis on respect and conduct and probity. It is also important to determine the risk appetite of the Raffles Education Corporation. The heads of the departments play an augmented role on the identification implementation of the policies related to the management and internal control of the risk parameters. It is also essential to evaluate the fundamental risks faced by Raffles which are taken into consideration by the Audit Committee by the means of Assistant principle and student services. The risk management done by the head of the departments also have a crucial role in timely information on the various areas of the uncertainties which may arise in the institute. The internal control of the risk management techniques includes the policies and procedures, business planning and budgeting, high level risk framework, audit committee, internal audit program, external audit program and third party reports. Independency with strategic planning The independency in accordance to the strategic planning is done on the basis of the strengths, weakness, opportunities and threats. It also discusses on the various types of the threats associated with the internal land external risks of the Raffles Education Corporation. Strength Weakness Opportunities Threats The global recognition of the being a premier institute in terms of quality. The college lies in the bottom list of the ranking published by fashionista. Some of the top institutes include central saint Martins, parsons, Bunka fashion college and Antwerp Royal Academy. The college has a major scope in the fashion designing course and the investing decision of the management in this particular area will ensure that the college is able to maintain lower risk register and able to compete more in the same department. The threats of the REC includes maintenance of the quality of the various academic programs The adaptation of SPACE learning environment which focuses on social responsibilities, professional initiatives, creative and entrepreneurship. The college is yet to build a reputation in course related to business management, psychology, technology, educational study and language related study. This is the major reason for the lagging behind in the competition in terms of other educational institutes. The college has a major potential to attract many students from different set of countries and excel in various programs of the study. The ability of the institute to relate the management programs with the real life case studies is doubtful in case of post graduation preparation studies. Global presence of the Institute in areas such as Australia, Cambodia, China, India, Malaysia, Indonesia, Thailand and Singapore. The Raffles education corporation based in Singapore significantly lacks in terms of availability of the natural resources such as availability of water, lack of space and increased pollution level and due to various types of seasonal hazards originated from Indonesia. The Raffles education corporation has further shown a potential for the purpose of extending the educational facilities in the various regions of the world other than just the headquarters location of the company that is Singapore. The maintenance of guidelines with the private educational license is also questionable in nature. High amount of demand for the fashion course of the institute. The fashion department of the institute is responsible for bringing in the maximum amount of revenue for the institute. The institute is known for several achievements such as being The corporation has a major weakness in influencing the stakeholders and explaining their role for the purpose of the generating more amount of revenue for the institute. Political situation of Singapore is very viable for the purpose of running an educational institute. The ability of the institute to stay on top by competing with other institutes such as Copenhagen academy, NIFT, George brown college, Lasalle college international and Kingston university. Is also doubtful in nature. Independency with Corporate Governance The Board of Directors of Raffles Education Corporation is dedicated to a higher standard of the corporate governance. This is considered as a key factor to the sustainability of the performance and business and the enhancement of the value of the shares. The guidelines and the principles of the Code of Corporate Governance of the year 2012 guide the processes and practices of the corporate governance of the company. It has been found that these are spontaneously being reviewed for the effectiveness and relevance by the reference to the regulatory and legal environment where the particular organization operates and regulates. Therefore, it can be said that there are no biasness within the organization regarding the implementation of the corporate governance. The Board of Directors of the firm Raffles Education Corporation has complied with the stipulation of the Code during the period of the financial year 30th June of the year 2015. [7] It has also been found that the particular company has always followed the rules and regulations of implementing the corporate finance within the organization Raffles Education Corporation. Moreover, it has been noted that at the moment when the particular company has not implemented the rules and regulations of the corporate finance correctly or any deviation from the Code has occurred within the organization, the management department has provided the appropriate explanation within the annual report of the company Raffles Education Corporation under the section of corporate governance statement. [8] The codes of the corporate governance have been implemented independently, such that the Board have directed the organization in the behavior of its dealings and have also exercised its fiduciary role during all the time in the Groups interest in order to get ensure about the fact that the ethical standards and corporate responsibility have been met or not. It has been noted that the particular Board of the organization Raffles Education Corporation is also finally responsible for the Group activities, its governance and strategies, financial performance and risk management. The study of the annual report of the firm Raffles Education Corporation indicates that the Board delegates some of the functions to the committees in order to make the Board enable to manage more efficiently and effectively its fiduciary and stewardship responsibilities. Nevertheless, the final decision and responsibility on all the matters lies along the Board. The corporate governance is implemented accurately and perfectly within the organization Raffles Education Corporation as there are four different committees based on which the unbiased decisions are made. The four committees based on whose decision the corporate governance are incorporated within the organization without any biasness include the Audit Committee, Remuneration Committee, Risk Management Committee and Nomination Committee. Responsibility and Accountability As per the annual report of the company Raffles Education Corporation of the year 2015, it can be said that the Board gives the shareholders of the firm with quarterly and annual financial reports, reports to regulators and price sensitive reports in order to maintain the accountability and audit within the organization. During the presentation of these mentioned reports, the Board decided to provide the shareholders of the firm with an understandable and balanced assessment of the financial performance of the Group, its prospects and positions in the present competitive market. The Board also ensures the full and timely disclosure of the material corporate developments to the shareholders. At present time, the management of the particular organization provides business plans and annual budgets to the Board members of Raffles Education Corporation for endorsement. The detailed management reports of the organization are also given to the members of the Board on a quarterly basis. The executive directors obtain the detailed accounts of management of the Group on the monthly basis. The Board of the risk management committee recognizes the importance of internal controls and practices of risk management to good corporate governance. [9] The particular Board asserts its all total responsibility for the system of the Group regarding its risk management and internal controls. This also helps in reviewing the integrity and adequacy of the systems on a yearly basis. The risk management and the internal control functions are performed by the key executives of the Group and are reported to the Audit Committee for its review. As per the details provided in the annual report of the company Raffles Education Corporation, the Board developed the Risk Management Committee in the year 2012 in order to reduce, control and monitor the risks within the organization. In addition to this, the organization Raffles Education Corporation has developed an internal control framework that covers operational, financial technology and compliance controls as well as risk management systems and policies. On the other hand, the responsibilities indicate the rights of the shareholders. The organization Raffles Education Corporation should treat all its shareholders equitably and fairly. The particular organization is committed to the fair practice, timely and transparent disclosure of the material information in order to enable the shareholders to prepare the shareholders to make the decisions informed in respect of investment in the firm. All the information that are price sensitive is publicly released before to any sessions with analysts or individual investors. The particular company provides its annual report, notices and circulars regarding the meetings of the shareholders through the website of the company. The articles of the company allow the ordinary shareholders to appoint two proxies in order to vote and attend in her/ his stead. In the meetings of the shareholder, they are provided with opportunities to participate, openly communicate and engage to the directors, their app roaches on the matter that are associated with the Group. The communication with the shareholders is also counted as one of the responsibilities. The investor relation of the organization helps in promoting the effective, regular and fair communication with the shareholders. The organization also conducts meetings for its shareholders as this provides an opportunity to share the views and also to meet the Directors of the Board Committees. The external auditors of the firm will help to address the queries of the shareholders. The organization will value and encourage the participation of the shareholder at its general meetings. [10] Risk management process Communication and Consultation Business communication is the integral part of the management practices. It is to be indicated that the establishment of the communication transparency is the most required aspect in maintaining the sustainable management of an organization. In case of the business risk management aspect, the communication process is much essential. ([11]) indicated that the business usually focuses on communicating with the both internal and external stakeholders. Employee communication is considered as the lifeblood of the business practices. Employees need to exchange their views as per the business process. It helps in bringing the innovative ideas and building the strengthened structure of the business. It is to be indicated that the communication and consultation with the stakeholders ensure the involvement and development of an organizational functionalities. It is noted that the stakeholders are the major people who drive the organizational process. Various stakeholders present their diversified perspectives that have been focusing in the potential risks and the risk management process. Simultaneously, Raffles Education Corporation has been maintaining such process for making any relevant organizational decisions. The communication and consultation process is associated both with the internal and external stakeholders. The communication process with the external and internal stakeholders are described further: Internal Stakeholders: Raffles Education Corporation is the educational institute, which is associated with the number of internal stakeholders. The internal stakeholders of this particular institute are the teachers, students, non-teaching staffs, and shareholders. ([12]) opined that the internal stakeholders pass the information about the employee regulations, which are needed to be followed while performing the internal business practices. This is helpful enough in presenting the clarified documents including the requirements of business process. Hence, the consultation with the internal stakeholders would be ensuring the structured process of running a business. [13] External Stakeholders: External Stakeholders are the outside people who have been influencing the business process by interacting with the organizational executives. In a specific context, the external stakeholders are the government, society, and the common people. The regulators or the policy makers are influencing the business externally. The rules and regulations imposed by the government figure is needed to be followed by the business to maintain the sustainable position. Hence, if any of the business decision goes against the society, it would be difficult for the organization to survive further. Hence, it is required to keep the concentration on the consultation and communication process with the external stakeholders. Similarly, Raffles Education Corporation needs to consult with the government before undertaking any relevant decision for their students. In fact, it is noted that the consultation process with the external stakeholders determines the improvisation of the organizational practices. Mo re specifically, the business development suggests the improvisation of the employees work performance as well. In keeping concentration on such signified reasons, it can be inferred that the communication and consultation process with the external stakeholders would be effective enough for the further business development. Moreover, it secures the business position in the competitive market. [14] Risk Management Framework The organization Raffles Education Corporation has instituted a framework for internal control that covers operational, financial, compliance and technology controls as well as the policies and systems of risk management. An organization wide risk management framework has been set in the place in order to enhance the risk management capabilities of the particular organization. The Enterprise Risk Management team (ERM) administered this risk management. The essential risks of the organization Raffles Education Corporation have been identified and the action plans are made in order to moderate the mentioned risks. [15] [16] The ownership of the risk treatments and the awareness towards the risk would be spontaneously instilled and toughened throughout the firm. It has been found that the particular company Raffles Education Corporation exists in a changing environment thus the operation of the particular firm changes, risks also changes and thus the opportunities also changes. It has been found that under the Enterprise Risk Management framework that has been established with the reference to the model of the Committee of Sponsoring Organizations of the Tread way Commission (COSO), all levels of the management are predicted to review the operations of the business continuously. [17] [18] In addition to this, the particular environment in which the specified company Raffles Education Corporation is operated in order to identify the areas of risk and also to ensure the measures of mitigation that is developed promptly in order to address the particular risks. The Enterprise Risk Management framework generally outlines the approach of the organization Raffles Education Corporation in order to manage the risks of the enterprise and sets out a process that is systematic for the identification, evaluation, and management and monitoring of the risks that are faced by the particular organization. The individual business units of the organization Raffles Education Corporation have various risk profiles and cultures as each of the business unit of the firm Raffles Education Corporation helps in identifying and evaluating its own sets of risks. [19] [20] The internal audit of each of the business unit the organization Raffles Education Corporation, the identification of risk, its analysis and its evaluation exercise will be performed and treated as per the procedure of risk management as it has been set out in the framework of Enterprise Risk Management. It has been found that as per the framework of the risk of the firm Raffles Education Corporation, the risk owners, the management and the internal auditor also participate in this in order to run the business effectively, efficiently and successfully. On the basis of the internal controls that have been maintained and established by the particular company Raffles Education Corporation, the performance of the work by the internal auditors are measured. It indicates the performance of the management and various Board committees and assurances that are obtained from the CFO and CEO of the firm with the concurrence of the AuditorCommittee. Risk Assessment The risk assessment process is identifying the evaluation of the potential risks that is included in the diversified business practices. ([22]) defined that the risk assessment process is associated with the different techniques as well as the identification of the potential risks. Recognizing the risk is essential to understand the process of mitigating or reducing the risks and maintaining the safer approaches within an organization. Both the identification and techniques of the risk assessment is described in the further segments. Risk Identification Techniques: Identification of the risks is the primary stage of the risk assessment. ([24]) indicated that the identification of the risks is the most important part and if a business fails to recognise the risks, the other steps of the risk assessment would not be structured properly. Therefore Raffles Education Corporation needs to understand the exact area of the management practices that may face the potential risks. The risk identification techniques are classified into two segments, such as the initial risk identification and on-going risk identification. At the initial stage Raffles Education Corporation needs to consider the communicational area, which is always needed to be transparent. It would be helpful in understanding the requirement of the business to establish the sustainable business. On the other hand, the on-going risk identification indicates the importance of undertaking the risk assessment techniques. If Raffles Education Corporation identifies the importance and potentiali ty of the risks, it would be helpful for them to restructure the functionalities for the future impactful associations. When the organizational objectives are stated in a clarified manner, it would be easier to identify the potential risks that are involved with the undertaken management practices. ([25]) suggested that the implementation of the brainstorming session is preferable to identify the risks and the involvement of the efficient leadership skill is mostly required. Many of the organisations include the frequent monitoring, auditing, and involvement of the ERM staffs for identifying the risks. Risk Assessment Techniques: The mitigation or assessing the risks is much required within an organizational scenario. The techniques involved in assessing the risks are indicating several segments. At the very first stage, the identification of the potential hazards is required. In case of Raffles Education Corporation, it has been seen that the major risk has been found in communication system. Apart from the communication process, the quality issues are also visible in the organizational practices. The next step is to identify the people who will be affected by such risks. In considering the next step, evaluating and deciding the precautions against such risks are much needed. Keeping the record of the significant risks and hazardous aspects is also necessary in such cases. The final assessment is determining the reviewing of the risks and updating the risks specifications is also needed to be considered. The recognition of such techniques would be effective enough in managing the risks related to the organiz ational functionality. In fact, it can be inferred that the application of such techniques would be ensuring the mitigation of the risks and achievement of the organizational excellence. Risk Register Calculated Risk Rank Position Risk Reference Risk Description Causes Consequences Risk Area Control Consequence Control Likelihood Control Risk Level Control Risk Score Risk Accepted Current Risk Controls Risk Owner Risk Treatment Plan (refer no. tab) 1 OP-1 Communication Poor audience selection Underutilization of advertising resources and under communication Operations and Program management Catastrophic Almost certain Very High 20 No Selection of Social media for advertising 2 OP-2 Building of Reputation Poor performance of the students Negative brand image of the institute in the market Operations and Program management Moderate Possible High 16 No Maintaining of high rank 3 OP-3 Quality of programs Selection of professors and curriculum The quality of the various programs offered in the institute is directly related to selection of teaching staff Operations and Program management Major Likely Low 2 No Maintaining the curriculum according the present industry standards 4 LE -1 Judiciary Judiciary is dependent on legislature and executive arm of government in Singapore Judiciary appointed by the Prime Minister in Singapore Legal Minor Almost certain Medium 8 No Adhereing to legal laws of the country 5 OP-3 Selection of media For better rating Limited reach globally Operations and Program management Major Unlikely High 12 No selecting appropirate commercial and web media 6 LE -2 Compliance to Private Education License For better rating and quality Building a good reputation Legal Minor Rare Very High 20 No Application for Government license 7 OP-4 Global Standings Global outreach Competing with the top institutes globally Operations and Program management Catastrophic Almost certain Low 2 Yes Selecting quality students 8 EN-1 Providing basic facilities to the students and staffs Limited natural resources in Singapore Limited enrollment in Singapore division Environmental Major Unlikely Medium 8 Yes selecting appropiratelocation for accomodation 9 EN-1 Problem of pollution Seasonal haze originating from Indonesia Creating health issues among the students and the staffs Environmental Minor Rare High 12 No Selecting a pollution free facility 10 IT-1 Network facilities in all the locations of the institute Government restriction to Internet in country like China and Saudi Arabia Limited access to information Information Technology Catastrophic Likely Very High 20 No Selecting best network connection in the locality 11 HR-1 Loss of key information of the students and staffs Data loss due to hazards in the workplace Negative impact on business standard and performance Human Resource Moderate Possible Medium 8 Yes Taking precautionary steps for avoiding accidents 12 OP-4 Risk of malware and virus attack Inadequate computer security to protect the data Shutting down of data center and loss of key information Operations and Program management Minor Almost certain Low 2 Yes Partnership with a good antivirus company 13 OP-5 Vendor Escalation Insufficient knowledge of the IT staff to solve the technical issues Loss of time due to vendor escalation issues Operations and Program management Insignificant Possible Medium 8 Yes selection of appropriate vendor 14 OP-6 Inadequate website maintenance Irregular website maintenance Delayed access to the curriculum and other vital information of the company data Operations and Program management Catastrophic Possible Very High 20 No Regular maintenance of website 15 FI-1 Possibility of poor project performance Insufficient skill level and knowledge among the staffs Delays in operations and financial impact Finance Minor Likely Low Yes Regular monitoring of project 16 FI-2 Inappropriate accounting Lack of proper knowledge Loss of financial data Finance Moderate Rare Very High 20 No appointment of suitable accounts manager 17 FI-3 Inadequacy of the contractor Lack of proper knowledge Project quality and financial loss Finance Catastrophic Likely Low 2 Yes Selection of proper contractor 18 FI-4 Fire disrupting the business operations Improper maintenance of the facilities Loss of property and assets Finance Minor Rare Very High 20 No keeping fire safety equipments handy in the office of the college 19 OP-7 Electrical Disturbance Improper maintenance of the facilities Staff and student harassment Operations and Program management Major Likely High 12 No Regular checking of electrification 20 OP-8 Position of the college Performance of the students Poor ranking of the university Operations and Program management Insignificant Rare Low 2 Yes Course content updating on timely basis 21 HR-2 Maintenance of student information Overall Functionality of the Institution Loss of vital and confidential information related to students data Human Resource Catastrophic Almost certain Very High 20 No maintaining record of student data 22 FI-5 Sourcing of the students Occupancy of seats in the various global destinations of the institute Lower return on investment Finance Insignificant Likely High 12 No Sourcing of the students through advertisement 23 FI-6 Competitive program fees Higher amount of course fees than the competitors Lower amount of generation of the revenues Finance Moderate Possible Low 2 Yes Keeping the program fees low 24 FI-7 Contract disputes Poor terms of contract Contractual disagreement with the vendor Finance Insignificant Almost certain Very High 20 No Keeping the contract terms and agreements fair for all 25 IT-2 Sudden loss of data Theft of data Breach of security firewall and loss of student information Information Technology Catastrophic Almost certain Low 2 Yes Maintaining the data online 26 IT-3 Lack of access to electronic gadgets Unavailability of electronic gadgets to the students Lack of PC, laptops and Smartphone with the students Information Technology Minor Possible High 12 No Importing the electronic items and transfer from other locations 27 OP-9 Curriculum designed to meet the standards for the present industry practice Poor placement of the students Inability of the student sustenance in the companies after placement activities Operations and Program management Moderate Likely Low 2 Yes Curriculum design in accordance with present industry standards. 28 OP-10 Failure to develop new and existing clients due to inadequate marketing data Improper marketing plan Inability to retain the existing clients Operations and Program management Major Possible High 12 No Upgrading the marketing channels and content highlighted 29 OP-11 Insufficient marketing plan Marketing plan not in accordance with industry standards Decrease in no. of applications Operations and Program management Catastrophic Almost certain Medium 8 Yes Making the marketing plan interesting 30 OP-12 Improper accommodation facilities Lack of land space available Less no. of students opting for accommodation facilities Operations and Program management Major Possible High 12 No selection of appropriate Accommodation facility Risk Profile Figure 1: Risk Profile Source:[28] Risk appetite tolerance (ALARP) Figure 2: ALARP Source: 2016. Jakeman.Com.Au. Risk treatment plans Risk treatment Schedule and Plans Department: ____________________________ Date of Review: _______________________ Executive Owner: _____________________________ Compiled by : _______________________ Risk Dimension: ___________________________________ Reviewed by : ________________________ Risk (By Priority) Treatment Options Rating After Treatment Costs Benefits Preferred Options Person Responsible Timetable / Deadline Monitoring Ref Like-lihood Con-sequence Rating Description Strategies to measure effectiveness of Risk Treatment OP-1 Almost certain Underutilization of advertising resources and under communication Very High Communication Selection of Social media for advertising 8 High Online Preference of media Marketing manager 25.06.2016 Alpha Advertising in the website 8 High Online Preference of media Marketing manager 26.06.2016 Beta Advertising to school pass outs. 8 High Online Preference of media Marketing manager 27.06.2016 R-squared LE-2 Rare Building a good reputation Very High Compliance to Private Education License Compliance with the government rules 12 High Having a certification of approval Head of the Department 28.06.2016 Alpha OP-6 Possible Irregular website maintenance Very High Inadequate website maintenance Regular maintenance of website 10 Moderate Appointment of system engineer IT Engineer 28.06.2016 R-squared OP-7 Likely Staff and student harassment Possible Electrical disturbance Regular maintenance of electric supplies 4 Moderate Central Electrification Operations Manager 29.06.2016 Beta HR-2 Almost Certain Overall Functionality of the Institution Almost Certain Maintenance of student information Information stored in HRMIS 8 High HRMIS HR manager 30.06.2016 R-squared FI-5 Likely Occupancy of seats in the various global destinations of the institute High Lower return on investment Sourcing of the students from schools 6 High Manual sourcing Financial manager 1.07.2016 Beta OP-12 Possible Improper accommodation facilities High Less no. of students opting for accommodation facilities Selecting the best accommodation facilities 4 High Contracting services for accommodation Operations Manager 2.07.2016 R-squared IT-3 Possible Poor placement of the students High Unavailability of electronic gadgets to the students Curriculum in accordance with industry standards 8 High Conduction survey Placement coordinator 2.07.2016 Alpha Risk management Programs Risk management implementation plan The risk management programs selected for the purpose of the Risk control of the Raffles Industry is based on the various issues and it states its measure for controlling of the same. The risk description of the various areas of the risk includes communication, building of the reputation of the institute, quality of the programs, judiciary, selection of the media inadequacy of the contractor, disruption brought as a result of t fire breakout, electrical disturbance caused in the college premises and improper accommodation facilitates for the students. The various parameters of the risk register is based on the several factors which has a direct association of the risk. Monitor Review The personnel responsible for the purpose of risk review and monitoring ensures the proper tracking of the risks and the treatments of the risks which are effective from the current control and treatment. The boards of directors of the institutes are responsible for controlling of the college staffs and their roles and positions. The boards of directors of the institute are also responsible for controlling of the various types of the risk factors. The risk registers is used to collate and make a summary of the various types of indentified risk. The risk are reviewed on the basis of various types of risks scores and level of occurrence the various types of risks. Performance Measurement The various types of parameters used in the risk register and the treatment of the same is responsible for the purpose of the performance measurement of the various type of associated risk of the Raffles Education corporation. The performance management is completely based on the quantitative assessment of the risk associated. Conclusion The purpose of this study was to prepare a risk management plan for Raffles Education Corp. It deals with identification and analysis of the risks management plan based on identification of thirty risk indicators and also providing a treatment of the eight of such issues observed in the risk registered. The measurement of the risk is based on parameters such as control risk level, control risk score, control likelihood and risk accepted. The treatment plan of the risk provides the guidelines treatment options, rating after treatment, costs and benefits analysis of the risk, preferred options and persons responsible for the correction of the risk causing factors. Reference List "Raffles Education Corporation". 2016. Raffles-Education-Corporation.Com. Accessed June 25 2016. https://www.raffles-education-corporation.com/Corporate_Info.html. "Raffles Education Corporation". 2016. Raffles-Education-Corporation.Com. https://raffles-education-corporation.com/InvestorRelations.html. "Raffles-Education". 2016. Raffles-Education. https://raffles-education-corporation.com/images/Investor/AnnualReport/ar2015.pdf. "Raffles-Education-Corporation.Com". 2016. Raffles-Education-Corporation.Com. https://raffles-education-corporation.com/images/Investor/AnnualReport/ar2014.pdf. Jakeman.Com.Au. 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"Market-based instruments for flood risk management: a review of theory, practice and perspectives for climate adaptation policy." Environmental science policy 37 (2014): 227-242. Gaudenzi, Barbara and Antonio Borghesi. 2012. Risk Management. Milan: Springer. Gupta, Aparna. 2014. Risk Management And Simulation. Boca Raton: Taylor Francis. Hampton, John J. 2011. The AMA Handbook Of Financial Risk Management. New York: American Management Association. Hopkin, Paul. 2012. Fundamentals Of Risk Management. London: Kogan Page. Hopkin, Paul. Fundamentals of risk management: understanding, evaluating and implementing effective risk management. Kogan Page Publishers, 2014. Hopkinson, Martin. 2011. The Project Risk Maturity Model. Farnham, Surrey, England: Gower. Jefferson, Laura, Karen Bloor, Yvonne Birks, Catherine Hewitt, and Martin Bland. "Effect of physicians gender on communication and consultation length: a systematic review and meta-analysis." 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San Jose State University: School of Library and Information Science (2013). Benjamin, Martin. 2013.Project Risk Management. [Place of publication not identified]: Emereo Publishing. Chapman, C. B, Stephen Ward, and C. B Chapman. 2012.How To Manage Project Opportunity And Risk. Chichester, West Sussex: Wiley. Christoffersen, Peter F. 2012.Elements Of Financial Risk Management. Amsterdam: Academic Press. Gaudenzi, Barbara and Antonio Borghesi. 2012.Risk Management. Milan: Springer. Jefferson, Laura, Karen Bloor, Yvonne Birks, Catherine Hewitt, and Martin Bland. "Effect of physicians gender on communication and consultation length: a systematic review and meta-analysis." Journal of health services research policy 18, no. 4 (2013): 242-248. Beringer, Claus, Daniel Jonas, and Alexander Kock. "Behavior of internal stakeholders in project portfolio management and its impact on success." International Journal of Project Management 31, no. 6 (2013): 830-846. 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"Screening, Monitoring, and Management of Chronic Kidney Disease: Review of the Performance Measures by the Performance Measurement Committee of the American College of Physicians." (2014). Kroman, Sarah L., Ewa M. Roos, Kim L. Bennell, Rana S. Hinman, and Fiona Dobson. "Measurement properties of performance-based outcome measures to assess physical function in young and middle-aged people known to be at high risk of hip and/or knee osteoarthritis: a systematic review."Osteoarthritis and cartilage22, no. 1 (2014): 26-39. Stefani, Lorraine. "Performance measurement for academic development: risk or opportunity?." International Journal for Academic Development 18, no. 3 (2013): 294-296.

Sunday, December 1, 2019

Urban Dwellers In Plainsfield, Pennsylvania Essays -

Urban Dwellers In Plainsfield, Pennsylvania Urban Dwellers in Plainfield, Philadelphia Plainfield's earliest settlers, like many others who pioneered this country, were seeking religious and political freedoms denied them in their own countries. By 1685, seven families (whose name identify them as all good Scots) established farms along the Cedar Brook. But long before the arrival of the first settlers, Indians had frequented the area in their travels between the Hudson and Delaware rivers. Those living in the Plainfield area were the Watchungs, part of the Lenni-Lenape tribe. They encamped along the Green Brook and in the areas of the Watchung and Park avenues, and Grant and Clinton avenues. The trails they marked out hundreds of years ago ran through the heart of our city. When the railroad was built in the 1800's, it followed that old Indian cut-off to the sea. The new settlement was named Milltown, a reference to the gristmill, which was built in 1760 on the Green Brook, near what is now Watchung Avenue. In 1788, the Quakers moved their Friends Meeting House from the original site near what is today the Plainfield Country Club, to the corner of Watchung Avenue and East Third Street where it remains as one of the historical landma rks of the city. Although the Plainfield area was mostly open farmland with a population of only about 50, it was considered of sufficient military importance during the Revolutionary period to warrant a large militia post. On April 1, 1800, a post office was established and the name of the growing community (pop. 215) was changed to Plainfield, appropriate to the gently rolling fields of the area. Plainfield at this time consisted of one Presbyterian church, one Baptist and one Methodist church, two Friend's meeting houses (Hick site and Orthodox), two grist mills, one saw mill, four stores, thirteen master hatters, who manufacture about $74,000 worth of hats annually; five master tailors, employing 70 hands, which work for the southern market; a fire engine, and company, a mutual insurance company. As with many other urban communities, Plainfield's growth followed completion of the railroad in 1838 when service was provided between Elizabethtown and Plainfield. The traveler reached New York by boarding a boat at Elizabethport. With improvement t of railway service, Plainfield became a commuter town for New York. Many urban dwellers that came to spend their summers and vacations in the country stayed to build their homes there. By the late 1860's some wooded residences were being converted into stores. The block from Somerset Street to Grove Street on West Front S treet boasted one brick building in 1869, but no lighted or paved streets. By 1884, the railroad had greatly changed Plainfield. The grist mill and farm life were being replaced by industries such as hats, clothing, carriages, printing and other manufacturing. In the post-Civil War period, two major changes took place in Plainfield's appearance. Use of macadam upgraded the main streets and the main business section began to shift from the North Avenue area to Front Street between Cherry Street (now Park Avenue) and Peace Street (now Watchung Avenue). Originally a part of Elizabeth and Westfield townships, Plainfield became it own township on March 4, 1847. In 1862 Western Union opened a branch office and by 1883 the first telephone pole station was established. The Plainfield Gas Light Company opened its plant in 1860 and the Plainfield Electric Light Company started business in 1886. Public Service Corporation of New Jersey was organized in May 1903 and became the Public Service El ectric and Gas Company, which serve the city today. In conclusion, urbanization in the revolution era for Plainfield has grown and changed dramatically. The revolution has affected many different areas and Plainfield is just one example of this. History