Tuesday, May 26, 2020

How to Write a Term Essay Quickly

How to Write a Term Essay QuicklyA term essay can be a big decision and is not something that should be taken lightly. It is a subject which take up a large portion of one's time to write, and if done poorly can have the opposite affect of you dreading writing it. You may have thought that a good reason for not writing a term essay is that you are too busy with other things, but with this article, you will learn how you can have a term essay written as quickly as possible.A term essay will usually consist of a paragraph that begins with a statement of what you hope to gain from the essay. This should state what you are hoping to accomplish with the essay and will usually come after a thesis statement. The thesis statement will most likely outline what you want to get out of the essay and how you plan to get it there. The thesis statement is the main thrust of the essay, and you should be able to focus on it by the end of your essay, if you use this method.Then the rest of the essay w ill be based around your basic idea. The next section will be your conclusion. You want to begin your essay with a basic idea, and work your way through the rest of it in the order you would like. For example, if you have an idea about how technology has changed the way we communicate, this is the first part of your essay that you need to do.For those of you who are struggling with how to start an essay, the first thing that you should do is get some advice from an instructor or writer friend. There are several different guides available online that you can use, and a good teacher or friend can be very helpful to you. You will need to find out the exact amount of space you have in your college paper, and how much information you have to cover. Make sure that you know the correct number of sentence units to give and make sure that you are prepared to present your essay to your instructor.You will need to create your topic, and this will take some time. Create a very brief outline of what you want to talk about. Many times you can get an outline from an essay outline that you can use. This will make it much easier for you to keep track of what is needed and to find good ideas.By making it easy for yourself to write your essay, you will find that you are more likely to write more effectively. You will also notice that your spelling will improve because you will not have to check back to see whether you have the right punctuation mark. You will find that you are using fewer words, and it is easier to use a smaller font size as well. The first drafts that you get out are generally a little clearer than the ones that you write with a guide. But keep in mind that this is the first draft and it is expected that you have things to fix before the essay is complete.When you write your essay, don't let the majority of your thoughts center around what you want to achieve. Focus more on the main idea that you have, and think about what will help you make your point more eff ectively. By making a few small changes, you will have a better essay than one that is all over the place.

Tuesday, May 19, 2020

What Can You Do With a Liberal Arts Degree

In this technology and business-driven world, the belief is that success comes with STEM and business degrees, but the reality is that some of the most successful people in the world studied liberal arts. YouTube CEO Susan Wojcicki studied history and literature. Howard Schultz, Starbucks CEO and potential 2020 presidential candidate, earned a degree in communications.  Airbnb co-founder Brian Chesky has a Bachelor of Fine Arts in Industrial Design. Even Oprah Winfrey, one of the most successful people to have ever lived, earned a degree in communications. Key Takeaways: What Can You Do With a Liberal Arts Degree? Even though liberal arts degrees are on the decline, companies are increasingly interested in hiring graduates with these degrees.Graduates with liberal arts degrees have strong critical thinking and analysis abilities, and they can problem solve quickly and efficiently.Potential careers for graduates with liberal arts degrees range from sociologist and economist positions to management consultation and law.   Companies want to hire students with liberal arts degrees. Apple co-founder and late CEO Steve Jobs made that very clear during the first demonstration of the iPad 2 when he lauded the importance of the relationship between technology and liberal arts. Its in Apples DNA that technology alone is not enough—its technology married with liberal arts, married with the humanities, that yields us the result that makes our heart sing and nowhere is that more true than in these post-PC devices. - Steve Jobs Career Options for Liberal Arts Graduates Liberal arts degrees set applicants apart because the skills they have acquired make them innovative and able to solve problems analytically and think on their feet. A successful career with a liberal arts degree requires a strategic answer to the commonly asked question, coupled with an interest in acquiring a few technical skills along the way. Economist (Median Annual Salary: $101,050) Economists collect and analyze data surrounding the production, distribution, and consumption of goods and services. Using mathematical models, economists predict future market trends and demonstrate their analyses through the creation of charts, graphs, and other visual aids. Economists are employed by local, national, and international companies, governments, and research firms.   Sociologist (Median Annual Salary: $79,750) Sociologists study human beings, human behavior, and societal groupings and attempt to better understand how culture is formed. They use this research to inform public policy, educational standards, and more. Most sociologists are employed by governments, universities, nonprofit organizations, and independent research firms.   Archeologist (Median Annual Salary: $63,190) Archeologists study history by uncovering and examining artifacts, including bones and fossils, tools, and entire civilizations. They produce work to help human beings better understand their place and time in the world. Archeologists are often employed by universities and museums, and their digs are often sponsored by grants from research facilities, nonprofit organizations, and government initiatives. Psychologist (Median Annual Salary: $95,710) Psychologists study human behavioral patterns to better understand mental health and capability, interpersonal relationships, and memory. Not to be confused with psychiatrists, who are medical doctors and can prescribe medication, psychologists often counsel individuals, couples, and families to promote better mental health and wellness. They are usually self-employed or employed by health centers, universities, correctional facilities, and government agencies. Editor (Median Annual Salary: $57,210) Editors review, correct, and polish literary works, preparing them for publication. Editors also manage the hiring and firing of writers, copywriters, and other members of editorial teams. They are employed by magazines, newspapers, websites, and publishing houses. Museum Curator (Median Annual Salary: $47,230) Museums are in charge of the acquisition and maintenance of artifacts intended for display. They also keep catalogs of all the artifacts on display and in storage. Museum curators are employed by both public and private institutions, Lawyer (Median Annual Salary: $118,160) It is a fascinating indication of the value of liberal arts degrees that many of the arbiters of modern society—presidents, prime ministers, supreme court justices, members of congresses and parliaments across the globe—studied liberal arts before pursuing degrees in law. Lawyers have a thorough understanding of the rules and regulations that govern economic and daily activity. They are employed by law firms, governments, and private and public institutions. Management Consultant (Median Annual Salary: $92,867) Management consultants help businesses and corporations with business growth and workplace environment. Usually employed by consulting firms, they travel from corporation to corporation assisting in growth and development. Intelligence Analyst (Annual Salary: $67,167) Intelligence analysts collect and report on information from various sources, including surveillance and law enforcement offices, in order to prevent acts of crime and terrorism. They are employed mostly by governments and government organizations, though some work for private corporations and institutions. Project Manager (Median Annual Salary: $132,569) Project managers are hired to organize and orchestrate specific activities within companies and organizations. They oversee all elements of the project, including planning, budgeting, and  implementation. Project manager employment is prolific within the information technology industry, though project managers can be hired by any public or private institution. Sources â€Å"10 Highest Paying Liberal Arts Degree Jobs.†Ã‚  College Ranker, 4 Nov. 2015.Anders, George. You Can Do Anything: The Surprising Power of a Useless Liberal Arts Education. Hatchette Book Group, Inc., 2017. Jackson-Hayes, Loretta. We dont need more STEM majors. We need more STEM majors with liberal arts training. Washington Post, 18 Feb. 2015. Renzulli, Kari Anne. 10 Jobs That Pay More Than $55,000 That you Can Get With A Liberal Arts Degree. CNBC, 3 Mar. 2019. Samsel, Haley. Your useless liberal arts degree can give you an edge in tech. Heres why. USA Today, 9 Aug. 2017. Sentz, Rob. What Can You Do With That (Useless) Liberal Arts Degree? A Lot More Than You Think. Forbes, 19 Oct. 2016.

Saturday, May 16, 2020

BPL vs. DLL in Delphi Programming Applications

When we write and compile a Delphi application, we typically generate an executable file - a standalone Windows application. Unlike Visual Basic, for example, Delphi produces applications wrapped in compact exe files, with no need for bulky runtime libraries (DLLs). Try this: start Delphi and compile that default project with one blank form, this will produce an executable file of about 385 KB (Delphi 2006). Now go to Project - Options - Packages and check the Build with runtime packages check box. Compile and run. Voila, the exe size is now around 18 KB. By default the Build with runtime packages is unchecked and every time we make a Delphi application, the compiler links all the code your application requires to run directly into your applications executable file. Your application is a standalone program and doesnt require any supporting files (like DLLs) - thats why Delphi exes are so big. One way of creating smaller Delphi programs is to take advantage of Borland package libraries or BPLs in short. Whats a Package? special dynamic-link library used by Delphi applications Packages enable us to place portions of our application into separate modules that can be shared across multiple applications. Packages, also, provide a means of installing (custom) components into Delphis VCL pallete. Therefore, basically two types of packages can be made by Delphi: Run-time packages - provide functionality when a user runs an application - they operate much like standard DLLs. Design-time packages - used to install components in the Delphi IDE and to create special property editors for custom components. Design packages From this point this article will deal with run-time packages and how they can help Delphi programmer. One wrong mit: you are not required to be a Delphi component developer to take advantage of packages. Beginner Delphi programmers should try working with packages - theyll get better understanding of how packages and Delphi work. When and when Not ot Use Packages DLLs are most commonly used as collections of procedures and functions that other programs can call. Besides writing DLLs with custom routines, we can place a complete Delphi form in a DLL (for example an AboutBox form). Another common technique is to store nothing but resources in DLLs. More information on how Delphi operates with DLLs find in this article: DLLs and Delphi. Before going on to comparison between DLLs and BPLs we have to understand two ways of linking code in an executable: static and dynamic linking. Static linking means that when a Delphi project is compiled, all the code that your application requires is directly linked into your applications executable file. The resulting exe file contains all the code from all the units that are involved in a project. Too much code, you might say. By default, uses clause for a new form unit list more than 5 units (Windows, Messages, SysUtils, ...). However, the Delphi linker is smart enough to link only the minimum of code in the units actually used by a project. With static linking our application is a standalone program and doesnt require any supporting packages or DLLs (forget BDE and ActiveX components for now). In Delphi, static linking is the default. Dynamic linking is like working with standard DLLs. That is, dynamic linking provides functionality to multiple applications without binding the code directly to each application - any required packages are loaded at runtime. The greatest thing about dynamic linking is that loading of packages by your application is automatic. You dont have to write code to load the packages neither you have to change your code. Simply check the Build with runtime packages check box found on the Project | Options dialog box. The next time you build your application, your projects code will be linked dynamically to runtime packages rather than having units linked statically into your executable file.

Wednesday, May 6, 2020

Core Values In Beowulf - 774 Words

The people exalt their beloved king who sacrifices himself to save his citizens from monsters in the resolution of Beowulf. Beowulf bravely fought for peace against evil forces, including Grendel, Grendel’s mom, and a fire spitting dragon, numerous times. Beowulf became the societal ideal of a man in the Anglo-Saxon time period because of his heroic deeds. Beowulf clings to Anglo-Saxon values and demonstrates their significance by defeating monsters, which motivates one of his men to follow. Wiglaf aspires to overcome his own fears to achieve glory from observing Beowulf’s dedication to their core values. The epic’s ending further emphasizes the most significant Anglo-Saxon values and themes such as fame, courage, and loyalty through†¦show more content†¦Wiglaf was the only man to stay with Beowulf when others â€Å"ran for their lives† and â€Å"fled deep in a wood†, despite their earlier claims of remaining loyal. Wiglaf condemned the men later and â€Å"angrily told them what men without courage must hear. Wexstan’s brave son stared at the traitors, his heart sorrowful†¦Ã¢â‚¬  Wiglaf showed true courage by entering the fight even though his life was at stake, when none of Beowulf’s boastful men dared to face the dragon. Wiglaf remains loyal to Beowulf and earns himself the throne of Geatland as a reward. Loyalty is a major theme that influences Beowulf’s decisions from choosing weapons to praising God for his victories. Beowulf gave â€Å"the golden necklace from around his throat to Wiglaf, gave him his gold-covered helmet, and his rings, and his mail shirt, and ordered him to use them well.† Beowulf trusted his weapons to protect and defend him during his battles. His mail shirt protected him against Grendel’s mom’s claws and the fire breathing dragon’s flames. The sword was an heirloom gift and successfully killed the dragon. Beowulf believed the weapons would serve Wiglaf well and protect him the same. Beowulf trusts in material objects and in their God whom they cannot see. Beowulf trusts that heShow MoreRelatedThe Similarities And Differences Of Beowulf And Robin Hood749 Words   |  3 Pagesgoing ‘back in time’ to an Anglo-Saxon hero like Beowulf or even hearing about a somewhat modern hero like Robin Hood in todays day and age, one can think of several key differences and similarities that the two heroes share. Heroes are a universal concept, but not every hero is universally the same. Although the concept of a hero stretches around the globe, not every hero is a carbon-copy of another. The main difference between a hero like Beowulf and a hero like Robin Hood is their willingnessRead MoreBeowulf, The Epic Hero1239 Words   |  5 PagesBeowulf, The Epic Hero An epic is a long poem, usually derived from ancient oral stories, describing the adventures and deeds of a legendary hero. Typically, most epics follow a pattern or hold certain characteristics. These characteristics are; a hero, a quest, valorous deeds, divine intervention, and great events. The hero is usually the protagonist that in which is sent on a quest. As the heroes proceed on their quest, they will exhibit valorous deeds or actions that show their character. EpicsRead MoreBeowulf : An Epic Hero986 Words   |  4 Pagesman known as Beowulf from old English epic poetry. He is an epic hero known for protecting people all around Europe from terrifying, unbeaten, undamaged beasts. He was also part of the period where the anglosaxton culture was built, and he was their main mold for what it meant to be a man and warrior of the culture. Being their spokesperson he had many reasons why he did what he did, and some were seen a little more clearly than others, The motivations of B eowulf are linked to the values in the anglosaxtonRead MoreEssay A Jungian Reading of Beowulf1622 Words   |  7 PagesA Jungian Reading of Beowulf       This essay will propose an alternative means by which to examine the distinctive fusion of historical, mythological, and poetic elements that make up the whole of Beowulf.   Jeffrey Helterman, in a 1968 essay, â€Å"Beowulf: The Archetype Enters History,† first recognized Grendel as a representation of the Shadow archetype and identified Grendel’s mother as an archetypal Anima image; I wish to extend the scope of the reading by suggesting that the dragon, too, representsRead MoreComparing Sir Gawain And The Green Knight And Beowulf733 Words   |  3 PagesNorsemen. 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Grendel and his mother both were driven by inward desire that was created by an exterior force, but this does not excuse the fact they also differed from one another. Though theyRead MoreThe Roles Of Compressions In The Epic Of Beowulf812 Words   |  4 Pagesthrough generations. Throughout the epic poem of Beowulf, digressions are presented through the concep t of giving advice or remembrance to their ancestors. The digressions within the epic poem are at times ambiguous. However, they play a large role in the underlying perception for the character’s actions. The digression that illustrates the story of King Finn was implemented to uncover the uncertainly of Hrothgar’s Queen, Wealhtheow. Though Beowulf was a mighty hero and savior for Heorot and theRead MoreBeowulf Comparison to Modern Day Hero2195 Words   |  9 PagesFrom Beowulf to Superman, Why we need our Heroes Heroes, from Beowulf to Superman our cultures have always created heroes. We may always have political, social, economic and religious differences, but at the end of the day we all have one thing in common, heroes. They help define who we are and what we want to be. They give us hope and inspire us to head in the right direction. They show us that good will always triumph over evil and that anything is possible if you set your mind to it. HeroesRead MoreA Hero Is An Epic Hero1997 Words   |  8 Pagesindividual who finds the strength to persevere and endure in spite of overwhelming obstacles†(Reeve, Christopher). Every culture in country across the world has their own ideals for what a proper hero should be. Most will say a hero must have these core values compassion, bravery, strength, humility, and integrity. However a person does not always have to possess they traits to be considered a hero. An example of this is an epic hero, these heroes only exist in stories and g enerally do not possess allRead MoreFilm Analysis Of Beowulf2063 Words   |  9 Pagesthe Darkness, the Talons in the Night. Mine is Strength... and Lust... and Power! I AM BEOWULF!† Thus the door slams and Grendel, a grotesque monster plaguing the mead-hall Herot, has his left arm torn clean off. Beowulf, the brave hero, has rid the Danes of their terrors once and for all; Grendel left to die in the bubbling hell on earth he calls home. However; this is not how the exact story is followed. â€Å"Beowulf† was first conceived as an epic, retold and sung by many called scops before finally

The Texas Juvenile Justice System Essay - 3102 Words

Abstract Juvenile justice settings, especially in Texas, were not designed as sites for comprehensive psychological and psychiatric treatment of adolescents’ mental disorders. On national, state, and local levels there has been a major increase in the interest of mental health needs within the juvenile justice system. Evidence-based research and data has become more available with societies interest into this matter. A continuous struggle with Texas policymakers and officials is identifying and properly treating mentally ill juveniles and keeping them out of the justice system. Acknowledging established data and comparing it to current Texas mandates helps seek recommendations for improvement within all levels and jurisdictions of the Texas juvenile justice system. Introduction The Texas juvenile justice system is comprised of 166 juvenile probation departments serving all 254 Texas counties. Approximately 98% of youth in the Texas juvenile justice system are provided services through their local probation departments. On an annual basis the Texas juvenile justice system receive over 60,000 youth referrals. One juvenile could have multiple referrals within that time. Question is how many of these juveniles are classified as mentally ill. The number is unknown due to adolescents not being diagnosed until they are in their later teens. Departments, agencies and residential facilities provide numerous services, but only a small number of facilities offer programs and housingShow MoreRelatedThe Texas Juvenile Justice System Essay2076 Words   |  9 PagesAbstract Juvenile justice settings were not designed as sites for comprehensive psychological and psychiatric treatment of adolescents’ mental disorders. 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It specifically covers certain violent offenses and drug cases, like murder, capital murder, sexual assault, and indecency with a child. Aggravated controlled substances cases are also covered (TYC website). The alternative to determinate sentencing is blended sentencing, which allows judges to issue delinquent offenders both juvenile and adult dispositionsRead MoreEssay on The Texas Judicial System1414 Words   |  6 PagesThe Texas Judicial System The Texas Judicial System The Texas judicial system has been called one of the most complex in the United States, if not the world. It features five layers of courts, several instances of overlapping jurisdiction, and a bifurcated appellate system at the top level. The structure of the system is laid out in Article 5 of the Texas Constitution. The Texas Supreme Court and Texas Court of Appeals has a bifurcated appellate system at the highest level. Civil case appealsRead MoreJuvenile Courts Essay1689 Words   |  7 PagesJuvenile Courts in United States Persons aged below 18 years are regarded as underage and when they break the law they are not charged in the adult courts. They are charged in the young offender courts which are also called Juvenile courts. For an offender to be eligible for juvenile court, he or she must be under the state’s laws categorized as a juvenile. The age of 18 years is the maximum age at which an offender can use juvenile courts. The applicable age in a few states is 16 or 17 years, whileRead MoreJuvenile Justice And Delinquency Prevention Act Of 19741625 Words   |  7 PagesA juvenile or â€Å"youthful inmate† as defined by the Prison Rape Elimination Act of 2003 (PREA) is any person under the age of eighteen who is under adult-court supervision and incarcerated or detained in a prison or jail. While PREA defines a juvenile as under the age of eighteen the Juvenile Justice and Delinquency Prevention Act of 1974 (JJDPA) allows the states to set their own definition of a juvenile (Lahey). T his discrepancy in the definition of a juvenile has caused problems and slow progressRead MoreWhy Juveniles Should Not Be Legal1254 Words   |  6 Pages Juvenile Crimes in the United States Nachamada Roya Simon 250798336 SOC 2206B Section 570 March 8 2016 Professor Catherine Gelinas Introduction The proposed study is a cross-sectional research about why juveniles should not be put to trial and convicted in adult court and the factors that affect why they would be convicted in adult courts. The study would be conducted in two parts with both quantitative and qualitative methods. The first part of the study would be conducted in a juvenileRead MoreCompassion Impacts Wayward Youth1619 Words   |  7 PagesJuvenile court systems developed in Chicago based on the patriarchal premise that a tough compassionate judge could impact the lives of wayward youths. However, politicians changed this with â€Å"tough on crime† policies for election. Many juvenile criminals became labeled as â€Å"superpredators† and were thus deemed beyond any help and were tried as adults. Fortunately, not everyone in the criminal system believes that juvenile criminals are beyond help. Some of the people that believe that there isRead MoreLast Chance in Texas: The Redemption of Crimina l Youth1424 Words   |  6 Pages1. Name and quick summary of book: Last Chance in Texas: The Redemption of Criminal Youth, by John Hubner, follows Hubner as he observes the â€Å"worst of the worst† juvenile offenders at Giddings State School. This treatment program is truly a â€Å"last chance† for may of the adolescents there – their last chance to change the direction of their lives before ending up in jail. Hubner takes the reader through a gripping and emotional journey as the teenagers go through the Capitol Offenders group and

Reflective Questions for Managerial System - myassignmenthelp.com

Question: Write about the Reflective Questions for Structural and Managerial System. Answer: An organizational system comprises of four sub systems namely technical system, cultural system, structural system and managerial system. The technical system includes basic equipments and techniques that are necessary for the production process. The structural system includes the policies and procedures of an organization that are to be followed by the organizational employees (Cabri and Blake 2016). The cultural system comprises of the relationships between the employees and their behavioral patterns. The managerial system comprises of the activities related to directing, controlling and organizing the organizational activities towards the achievement of the objectives of the organization (Davis et al. 2014). I view organization as a combination of several sub systems. The processes within an organization cannot work alone instead, the processes are dependent on each other. For instance only technical system is not enough to generate desired outcome. Human resources are necessary to control the technical system and to manage the operations of an organization in order to obtain desired results. A single system when alone is incomplete and incapable of producing desired outcomes. All the elements within an organization are inter- related and inter- dependent upon each other (Dalpiaz, Giorgini and Mylopoulos 2013). Socio- technical system is a combination of social and technical processes. A socio- technical system is a combination of computer, software, business processes, organizational rules and human resources. Any changes in the social element can have a drastic impact on the technical activities. For instance, in case less efficient human resources replace the more efficient human resources involved in the technical processes, then the technical activities tend to slow down or create more errors (Bowker 2014). Therefore, it is necessary to maintain a balance between social and technical aspects of an organization. The socio- technical system involves several approaches such as organizing the processes, flattening the hierarchy, utilizing teams for managing activities, allowing the customers to decide the performance and rewarding the performance of the team. I believe that organizations are an open system that interacts with the environment. An organization does not exist in vacuum due to which the success of an organization is dependent upon the way it interacts with the environment. The success of an organization is largely dependent upon the interaction between its internal employees as well as the interaction with the outside customers (Jones, Artikis and Pitt 2013). I believe that efficient socio- technical systems are necessary for the success of an organization. No organization can achieve its objectives without establishing a sound socio- technical system. For instance, socio- technical system has been efficiently used by Toyota. Toyota has efficiently utilized the socio- technical system approaches along with lean production principles. The company has used the work design model that has helped the company to understand the organizations work practices and its impact upon the performance of the employees. The company has conducted several surveys through which it has come to know that the middle management in the company is necessary for the implementation of the lean system that helps in the utilization of social and technical systems (CORPORATION., 2017) Toyota Motor corporation was founded in the year 1937 by Kiichiro Toyoda as a multinational automotive company. The company has its headquarters in Aichi, Japan. Toyota is the largest automobile manufacturing company in the world. The company has a wide product line that comprises of cars, buses, motorsports, electric vehicles and is also involved in several non- automotive activities such as aerospace, robotics and philanthropy. The company has been manufacturing superior quality vehicles since 75 years and has a world- wide presence. The company has efficiently utilized its socio- technical system and the lean production system in order to achieve the desired outcomes (CORPORATION., 2017). The companys organizational structure is based upon its varied business activities all over the world. The company efficiently utilizes its structure to achieve its aims and objectives. The company has its structure linked with the Japanese traditional business structures (CORPORATION., 2017). The company has efficiently used its organizational structure in order to improve its operations and capacity utilization. Toyota follows global hierarchy, geographical divisions and product- based divisions as its organizational structure. The company has vested the decision- making power in the hands of the regional and business unit heads. The business unit heads are responsible to report to the headquarters of the company in Japan. The company also has eight regional divisions and each of the units heads report to the companys headquarters (CORPORATION., 2017). The company also has four divisions according to its products that supports the brand development and improvement in the product li ne. The managerial sub- system in my organization that is Toyota is highly effective in improving the efficiency of the organization. For example, the TPS (Toyota Production System) of the organization utilizes several conversion processes in order to motivate changes at group levels. The immediate supervisors are responsible for managing conflicts and sustaining the change within the organization. The TPS ensures that all the sub- systems of the company work together towards the achievement of the organizational objectives (Koukoulaki 2014). TPS motivates the suppliers of the company to involve kaizen without affecting the stable procedure. The company does not expect its suppliers to follow their values and principles but they are required to abide by certain basic principles of the company. The TPS system of Toyota ensures that there is proper coordination and integration among the managerial sub- systems. The management and the production system of the company work closely in order t o obtain the desired results. The human resources within the organization are responsible for ensuring proper quality production and minimizing the defects. Therefore, I would like to conclude that the various divisions of the company and the human resources of the company work together in order to achieve the desired results. Human resource interventions are very important in improving both individual and team performance. Human resource interventions help in improving inter- personal skills. I have personally participated in HR interventions that aims at improving inter- personal skills especially team- building. Firstly, the hierarchical decision- making system is removed from an organization (Saurin and Werle 2017). The power of taking decisions are no longer vested in the hands of only higher authorities instead, the focus is on the groups are prepared that have the proper understanding of the organizations aims and objectives. The employees from various departments form a group and discuss regarding the important topics. The employees are engaged in the decision- making process in order to obtain better ideas. In order to build trust among the employees, open communication is encouraged within the organization. This creates an environment of mutual trust and co- operation (Edel et al. 2017). The mana gers are required to slowly build the trust among its employees and reduce the unwanted competition within the organization. Some amount of competition is good for an organization but beyond certain limit, the competition becomes harmful for the organizations. Collaborative conditions are very useful in improving the team spirit and communication and help the employees feel important for the organization. An employee invests his or her skills, abilities, knowledge and time for attaining the objectives of an organization therefore, the employers are also required to work for the overall development of the employees and help them achieve their career goals. This can be done by providing employee benefits and other facilities to the employees in order to help him or her work efficiently. The employees are provided the opportunity to take active part in the decision- making processes. This has helped in making the employees feel important to the organization and has also helped in incre asing the loyalty of the employees towards the organization. The two types of HR interventions are as follows: T- groups: I have chosen T- group because it is the type of group training wherein the participants learn about themselves by interacting with each other. This process uses the process of feedback, role playing and problem solving techniques. A T- group meeting does not have a specific agenda and goal instead, the participants are encouraged by a facilitator to express and share their feelings and emotions in exchange of actions and words of the other participants (Guest 2015). The major focus is on expressing the emotions rather than obtaining any conclusions. The members of T- group develop inter- personal skills and self- understanding. Since ages, the organizations have been using this method for the purpose of building teams and implementing corporate culture. This process involves openness and helps the members to adopt a positive attitude towards the achievement of the objectives. Team building: I have chosen team building because it involves a group of activities that help in enhancing the social relations and defining the roles within the associations that involves collaborative tasks. This concept is completely different from that of team training as it aims at exposing and addressing the the inter- personal issues within a team. It helps in improving the performance of the entire team as it is aligned towards the goals and involves building efficient working relationships among the members (Martin, Carron and Burke 2016). It also aims at reducing the ambiguity among the team members in term of role and responsibilities and helps in finding solutions to the issues faced by the team. References: Bowker, G., 2014.Social science, technical systems, and cooperative work: Beyond the great divide. Psychology Press. Cabri, G. and Blake, M.B., 2016, June. 14th Adaptive Computing (and Agents) for Enhanced Collaboration: Adaptive Approaches for Socio-technical Systems. InEnabling Technologies: Infrastructure for Collaborative Enterprises (WETICE), 2016 IEEE 25th International Conference on(pp. 1-2). IEEE. CORPORATION., T. (2017). Toyota Global Site | History of Toyota. [online] Toyota Motor Corporation Global Website. Available at: https://www.toyota-global.com/company/history_of_toyota/ [Accessed 14 Aug. 2017]. Cummings, T.G. and Worley, C.G., 2014.Organization development and change. Cengage learning. Dalpiaz, F., Giorgini, P. and Mylopoulos, J., 2013. Adaptive socio-technical systems: a requirements-based approach.Requirements engineering,18(1), pp.1-24. Davis, M.C., Challenger, R., Jayewardene, D.N. and Clegg, C.W., 2014. Advancing socio-technical systems thinking: A call for bravery.Applied ergonomics,45(2), pp.171-180.] Edel, M.A., Hlter, T., Wassink, K. and Juckel, G., 2017. A comparison of mindfulness-based group training and skills group training in adults with ADHD: an open study.Journal of attention disorders,21(6), pp.533-539. Guest, D., 2015. Team building, team challenges.Appita Journal: Journal of the Technical Association of the Australian and New Zealand Pulp and Paper Industry,68(2), p.87. Jones, A.J., Artikis, A. and Pitt, J., 2013. The design of intelligent socio-technical systems.Artificial Intelligence Review,39(1), pp.5-20. Koukoulaki, T., 2014. The impact of lean production on musculoskeletal and psychosocial risks: An examination of sociotechnical trends over 20 years.Applied Ergonomics,45(2), pp.198-212. Martin, L.J., Carron, A.V. and Burke, S.M., 2016. Team building interventions in sport: A meta-analysis. Saurin, T.A. and Werle, N.J.B., 2017. A framework for the analysis of slack in socio-technical systems.Reliability Engineering System Safety,167, pp.439-451.

Tuesday, May 5, 2020

Risk and Return Analysis Inception and Retract Ltd

Question: Discuss about theRisk and Return Analysisfor Inception and Retract Ltd. Answer: An investor undertakes risk to maximize his returns. Risk is measured by the standard deviation of returns of the stock and returns are the average returns over a period of time. An investor normally invests in more than one stock to diversify his portfolio in order to minimize his risk and maximize his returns. However, the choice of stocks in the portfolio depends on the stocks returns, their individual risk and correlations between the stocks in the portfolio (McGraw-Hill, NA) In the present scenario, stocks of two companies Inception and Retract Ltd. have been considered and both the stocks have been analysed with respect to the market and to each other to see their combination in a portfolio. The table presenting the statistical measures of the stocks is given below: Market index Inception Retract Ltd Expected Returns 1.40% 5.24% 2.85% Standard deviation 5.44% 16.84% 18.91% Coefficient of variation 3.89 3.21 6.64 Correlation coefficient -0.02 Portfolio standard deviation 1.57% Beta 1.55 1.76 The expected returns for Inception are the highest; even Retract Ltd. has returns more than the market. This makes both the stocks worth the investment as they are giving on an average high returns. The stocks of Retract Ltd. are more risky as it has a higher standard deviation as compared to Inception. This has increased the coefficient of variation for the stocks of Retract as it has higher risk and comparatively lower return. This means Retract stocks have higher degree of volatility as compared to Inception. In fact, the degree of volatility of Inception is lower than that of the market making it an attractive investment. Correlation coefficient measures the movement of two stocks i.e. whether they move in the same directions or opposite directions. It ranges from -1 to 1 (Russell, 2014) The above stocks have a negative correlation at -0.02 which means that when the price of one stock rises, the price of other stock will fall but the correlation is very weak and hence it can be said that the stocks are not much related. The portfolio standard deviation is quite low at 1.57% as compared to individual deviations. This is because negatively correlated stocks diversify the portfolio. If returns from one stock decreases, the returns from another will increase, thus not affecting the returns much. Lower the portfolio standard deviation, lower is the risk. Beta is the risk of the stock in relation to the market. Beta more than 1 means the stock is more responsive to the market risk. Retract Ltd. is more volatile as it has a higher beta of 1.76 which means that stocks of Retract are 76% more volatile than the market. Beta is a systematic risk and cannot be eliminated; hence, an investor should try to minimize his risk by diversifying his portfolio. In the above scenario, both stocks have a beta of more than 1, even though they are negatively correlated but the degree of correlation is very weak, hence, this will not help in diversifying the portfolio because a fall in the market returns will result in both stock returns falling with a higher percentage. Reference Russell, R., (2014), ABCs of Investing: Alpha, Beta and Correlation, accessed online on 29th April, 2017, available at https://www.forbes.com/sites/robrussell/2014/07/15/abcs-of-investing-for-experienced-investors/#501a1e72393f Zkjadoon, (2016), Risk and Return Analysis in Financial Management, accessed online on 29th April, 2017, available at, https://www.businessstudynotes.com/finance/financial-management/risk-and-return-analysis-financial-management/ McGraw-Hill, (NA), Risk and Return, McGraw Hill Australia