Economic and Political Conduct

The policy of any country or individual or group of individuals to conduct business and induce growth in the GDP is known as its economic conduct- it has global impact by way of international trade, foreign exchange and fiscal policies too. Nowadays economic policies are increasingly governed and shaped by global factors and imperatives.So the overall situation is dynamic and ever changing Political conduct essentially means what ideologies determine the policies and the leadership of any country, and how the representatives who form the leadership or Government interpret the ideologies and run the country- e.g. democracy, monarchy, communist state, fascism, etc. Political conduct determines loyalties and groups, collective developmental activities and global initiatives, and the overall growth of a country or state. Existentialism Defines the thought processes of those who believe and profess that it is we ourselves who create the essence and raison d etre in our lives, and not peop le above us or before us, or religious dogmas or deities. It is a school of thought which believes in finding things out in its own way, and do not believe in traditions, or what is already there and proved.They refuse to conform to any one school of thought. Existentialists like to set out and find their own way. They believe that there is surely a reason to exist and that existence precedes consciousness. Some of them even think that the concept of having a God is obsolete- that’s not what they need! As a result of the wide approach, they seldom agree with each other as well on various things. But they all seek a meaning in their lives by their beliefs in existence. Jean Paul Sartre was an existentialist. (you could read more through Googlesearch)Machiavellian Politics. Machiavelli a political thinker propounded the view that the ‘ends justifies the means’- so if you have used arbitrary or unacceptable means and achieved whatever you had set out to achieve, in his view, it is justified. As long as the end result is in the interest of the majority of the people, its fine. This form of politics is not very ethical, in fact quite radical, often used by the very ambitious, and quite often successful! It has an element of shrewdness and negative connotation. Not very favourable with the conservatives.You could go to the Net and read his book ‘The Prince’ in its translated version. Platonic Justice In his book, The Republic, written in 360 BC, Greek philosopher Plato has defined every conduct and every action required to govern a country. In short, the elements which contributed to creating and running of an effective Government at that point in time are all defined by him. It is another matter that over the centuries, transformations have happened, and though the basic aspiration of the government (to take care of its citizens/ public) stays the same, the rules of the game have changed dramatically.Platonic justice is the name giv en to his version of justice, as also propounded by Socrates before him- how a shoemaker must continue being a shoemaker because it is only fair that he does what he is good at, etc. (Please Googlesearch ‘The Republic by Plato’ and read on the Net for more) Monetarism Milton Friedman, the father of Monetarism, says that money supply (the amount of money in any economy at a given point in time) is the chief determinant of the level of economic activity at that point in time, especially with regards to the demand side.Simply put, the purchasing power of money is the prime mover. Monetarism is pretty much what we see today†¦though it has its origins in the oldest classical version of economic theory. (explains what we have stated in the research on flat world- the base maybe the same old theory, but the changing paradigms have rendered the theories very different from what they originally were- have improvised, built upon them to make them relevant to the current scen ario. And the current scenario is determined by those who need, not by those who offer- it is a buyers market.) Capitalism Capitalism is a form of liberal economic policy and governance where private entrepreneurship is given priority over government intervention in economic activity (all activities which contribute to a country’s GDP), because it has been seen and believed that private sector tends to be more progressive and efficient as a result of ensuing competition- each capitalist entrepreneur tries to be better than his competitor because that way he can earn higher profits, have a higher market cap, and prosper better.US is one of the very early capitalist countries, which explains the leadership position, while other countries were still being conservative and trying out a mixed economy model, or a communistic model. Communism Communism is a political term used to describe the ideologies of Karl Marx, the father of Communism. He firmly believed that the state or coun try should be run totally by the government, where everyone is equal- there is no blue collar and white collar demarcation and there is no private sector or capitalist aspirations.The Government is supreme and all people are equal in the eyes of the government. ‘From each according to his ability to each according to his need’ was his rule for governance. We owe May Day to Communism- it is Labour Day. His famous words: â€Å"Workers of the world unite; you have nothing to lose but your chains- you have a world to win! † You could read his treatise ‘Das Kapital’(translated version) – its available quite easily. Communist ideologies are exactly the opposite of Capitalist thinking.

The Swot of Emirate Group

Introduction: The Emirates Group is a highly profitable business with a turnover of approximately US$ 12 billion and over 40,000 employees. The Group comprises of Dnata, the successful Airport Ground Services and Travel Industry division, and Emirates, the Group's rapidly expanding and award winning international airline. Emirates global network now sees it flying to over 100 destinations across 6 continents, operating a modern fleet of over 130 wide-bodied aircraft.Today the Airline has orders worth over US$ 58 billion for 170 more of the latest aircraft, with plans to operate to many more destinations in the months and years ahead. Essential to our continued business success as we expand will be the ongoing employment of high quality people to join our multi-cultural team of over 150 nationalities. In addition to lifestyle and tax free salary benefits, the Emirates Group also offers professional development opportunities to help employees develop new skills and grow their careers s uccessfully. Swot AnalysisStrengths: As a competitive and globally recognized airline industry, Emirates Airline has been able to have strategic position in the global market. In fact, when Emirates Airline streamlined their business, it already had the advantage of size. With several consecutive years of multibillion profits, the company has outshined its major rival companies to become a model firm. Also, Emirates Airline’s decision to focus on diversified market and by considering and entering the cargo shipping and their customer service was a courageous one, but it has led to its current position as one of the top global brands.The firm has likewise been characterized by many analysts to have an ability to adapt to changing market conditions in order to maximize profit. Listening to and identifying with consumers has allowed Emirates Airline to construct a corporate culture that bears little resemblance to the Emirates Airline of the past. The ability to continuously ren ew and improve their service in the airline and aviation while effectively managing the needs of their target audience is the key to maintaining Emirates Airline’s leader status and the key for succeeding in having strategic position.Weaknesses: Not all of diversification and approach have been successful and this can be considered as one of the flaws or weaknesses of the company. Analysts have accused the company of focusing too much on their high-end acquisitions and diversification in spite of the risky effects of such decisions. it does not cater for a lot of places in the USA, middle class and budget travelers Opportunities: The basis for long-term competitiveness is the ability to develop continuously new generations of more advanced airline and aviation services.Therefore one of the company’s opportunities is to tap into more markets as a result of the innovations being introduced in the aviation. Localized capabilities enabling or even enhancing such co-operati on will always make a difference when it comes to first-mover advantages. The opportunity to penetrate new growth markets where internet adoption still has room to go, Leveraging Emirates Airline’s infrastructure business to get first choice and stronger position against rivals is also an opportunity.They also have the opportunity to get ahead of their rival companies, and this should be the case, since the said market is a potential sizeable source of income. The trend of considering the internet market also shows cases new opportunities for the company. Threats: Rival companies are major threats to the business. Emirates Airline, in contrast, started out in other lines of business and entered and airline capabilities of the company.The firm’s inability to keep up with innovations, or recognize its demand, creates a threat for them, a risk that they could be displaced by other industry leaders. The legal and political environment in the countries where they operate in could potentially affect the business negatively. Their apparent complacence could be used by their rival companies to their advantage, and take Emirates Airline by surprise, with the latter realizing too late that they are not the industry leader anymore

Syria Conflict

Introduction The Syrian Arab Republic is an Arab country in Western Asia, bordering Lebanon and the Mediterranean Sea to the West, Turkey to the North, Iraq to the East, Jordan to the South, and Israel to the Southwest. In March 2011, the Syria conflict has begun due to various reasons and is still going on today. This outbreak is one of the key factors which resulted the Arab Spring (Arab Uprising). Arab Spring refers to the democratic uprisings that arose independently and spread across the Arab world in 2011.The protest originated in Tunisia in December 2010 and quickly took hold in Egypt, Libya, Syria, Yemen, Bahrain, Saudi Arabia, and Jordan. In these countries, the citizens intiatied the protests as the ruling families have been keeping the power for too long (Arab Spring, 2012). In Syria, the conflict goes up to its peak as the revolution against the rule of Syria President Bashar Al-Assad’s (Mr Assad). According to the latest report of the Human Right Organization, mor e than 36,000 people were killed in this civil war (Khera, 2012).In this essay, the roots of the conflict will be traced and analysed using the International relation (IR) theories. Literature Review A literature review has been conducted to investigate the causes of the conflict by applying IR theories. The traditional core of IR relates to issues concerning the development and change of sovereign statehood, in the context of the larger system or society of state. In general, there are four (4) major theoretical traditions in IR and will be covered as part of the study scope: †¢Realism; †¢Liberalism; International Society; and †¢International Political Economy (IPE). Realism Several general realist ideas and assumptions were discussed (Jackson, 2010). These are related to different aspects such as pessimistic view of human nature; international conflicts that are ultimately resolved by war, high regard for the values of national security and state survival and basic scepticism that there can be progress in international politics that is comparable to that in domestic political life. In summary, with realist, states are the most important factor.All states tend to pursue self-interested and their primary concern is survival (Wikipedia). Liberalism The other theory is Liberalism, which started by John Locke in the seventeenth (17th) century. He believed that as the development of technologies and people can master the nature, there are great potential that people could flourish in states that guaranteed individual liberty. Liberals, differ from realist, take a positive view of human nature. And for them, conflict and war are avoidable.According to John Locke, the core concern of Liberalism is the happiness and contentment of individual human beings. A country is in a state of liberalism when a citizen within that country can live their lives and pursue their happiness without other people interference. (Jackson, 2010) There is a major debate betw een idealist Liberalism and pessimist Realism. A main point in this debate is concerned about â€Å"human nature†, as Liberalism takes a positive view of human nature while Realism holds a negative view. (Jackson, 2010) (Arab Spring, 21) International SocietyUnlike Realism and Liberalism International Society is one of classical IR approach which tries to avoid the stark choice between state egotism and conflict and human goodwill and cooperation. Instead of adopting the classical Realist pessimistic view or classical Liberalism optimistic view, it occupies a position between those two and develops that into a separate IR approach. (Jackson, 2010) International Political Economy International Political Economy (IPE) is the debate where they claimed that there is a link between politics and economics as well as the nature and extent of economic globalization.IPE is ultimately concerned with the ways in which political forces (states, institutions, individual actors, etc. ) sha pe the systems through which economic interactions are expressed, and conversely the effect that economic interactions (including the power of collective markets and individuals acting both within and outside them) have upon political structures and outcomes. (Jackson, 2010) Syrian Confliction review The first protest erupted on March 2011 in Deraa after the arrest and torture of some teenagers who were painted with revolutionary slogans on a school wall.In order to manage the uncontrollable chaotic situation, minimum military forces were suitably in place to minimise the protest through the use of checkpoint road blocks. As the protest continued and spread widely over the country the citizens demanded for the President Bashar Al-Assad’s resignation. By July 2011 hundreds of thousand people taking to streets, town and cities across the countries such as Alepo, Hama, Homs and Deraa (BBC, 2012). As the act of protest has become uncontrollable, the government applied the militar y forces to crush the dissent and sending tanks to Deraa in late March 2011.Rockets and mortars were also used to hit the rebel stronghold (See Appendix 1. 1 – Homs Feb 2012). After a month of bombardment, the rebels retreated with an estimate of more than 700 people were killed. People within the country have to flee to neighboring countries such as Turkey up to several months. According to the statistics recorded by the United Nations refugee agency, there are more than 200,000 Syrians who have registered with the agency fled to Jordan, Lebanon, Iraq and Turkey. There was also an unofficial estimate of the refugees which puts the number much higher and those figures are expected to rise.The Government in Jordan as well as other countries permitted the stay of Syrians within the countries, provided with minimum necessities and protection such as food and security guards. All the refugees were instructed to assemble in one common area, allowing the government to take care and control the crowds easily. In this Syria crisis, number of bomb blasts took place in different cities. Many people were killed in the civil war due to the bomb strikes. Apart from causing deaths most of the facilities in the cities were destroyed.The war has deniably resulted various negative implications to Syria in terms of people, environment and asset. The Syrian government has put the blame of these activities to the terrorists which linked to the al-Qeada as well as a shadowy group called al-Nusa Front. The al-Nusa Front has said to be one who controlled and manipulated all the attacks and bombing activities. Based on the latest figures provided by the Office of the High Commissioner for Human Rights (OHCHR), the number of deaths reported has been increased to 21067 and 5980 people were killed due to the security forces.Therefore the United Nations has charged the Syrian government and security forces for the violation of international humanitarian law. A peace plan was sugge sted and conducted by the UN envoy, Kofi Annan and the negotiation mission started in April 2012. However as violence escalated, Mr. Annan resigned and withrew from the country. At the same time Mr. Assad still shows no sign of leaving his power and there seems to be no end to the crisis. Trace down the root of the problem. As mentioned in the previous sections, the outbreak of the civil war has brought many negative implications to the country.There appears to have no solution for the civil war. Thus various researches were conducted to investigate and analyse the causes of the problem. In most recent research, Manfreda has pointed critical points which has led to the Syrian uprising (Manfreda, 2012): †¢Political Repression; †¢Unstable Economy; †¢Media influence; and †¢Fear of state power. The political repression is one of the main reasons which causes the outbreak of Syrian war. Since 1950s, there was not any peaceful transfer of power, as the change appears t o happen through a military coup or an uprising (Manfreda, 2012).For instance as soon as the President Bashar al-Assad has inherited the power in 2000, he quickly rushed into the process of reformation while the power remains concentrated in the ruling family. Besides political repression, the unstability of economy in Syria is believed to be one of the causes which led to the uprising. The economy in Syria has become unsustainable due to the quick expansion of the population. At present the population in Syria is estimated to be 20 million, with an average growth rate of 2. 4 percents. Based on the statistical review this figure stays among one of the world’s highest growth rate.A Syrian economist, Nail Sukkar has agreed that Syria is currently having a problem with the oversizing of population. It is difficult for the government to sustain the citizens by providing sufficient welfares and healthcares. The unemployment rate has increased because the government is not able to create sufficient job opportunities to the people. An official figure was reported by the governmnet stating that the unemployment rate is estimated to be 10 percents. However with the combination of other independent estimates the rate of unemployment is believed to be approximately 25 percents.In addition, the natural disaster such as persistent drought struck north-eastern of Syria. This has caused a severe devastation to the farming communities and affected more than a million of people since 2008. Due to the negligence of the government, thousands of farmer families were suffered from poverty. These people from the farming communities have vented their angers and frustrations through participation of the protest activities. Furthermore due to the cautious reform of the remnants of socialism, it opened the door to private investment which in turn triggered an explosion of consumerism among the urban upper-middle classes.However, privatization has favored families with personal links to Assad, which made the jobs remained scarce for people within the country (Manfreda, 2012). Apart from that the awareness was raised by different means of media. The advancement in technology has exposed the people to the world issues throguh various approaches for instance internet. Previously the government tried to refrain the youths from exposing to more information by limiting the means of media. However the attempt was failed since the state media is no longer the main channel to the citizens.The use of the new media is critical to the activist networks that underpin the uprising in Syria (Manfreda, 2012). Although the fear of state of the citizens has existed for a very long time since the ruling of Assad family, the brutal responses to the people in the peaceful protest in Spring 2011 has outraged the people. As a result of the snowball effect, more citizens joined the protest. Additionally, many Syrians resent the fact that so much power is monopolised by the Alawi families, a Shiite religious minority to which the Assad family belong.Although this is not considered as the driving force of the uprising in Syria, the combination of a majority Sunni pretest movement and an Alawi-dominated military has added to the tension in religiously mixed areas, such as city of Homs (Manfreda, 2012). Analysis the problem using IR theoretical. The causes led to the outbreak of the Syrian war were discussed in the former section. In this section the problems will be analysed using the IR theory. Irrefutably, the brutal and aggressive way of ruling in Syria by Assad family triggered the anger of the people in the country.The Realism theory can be accounted for the approach adopted by the Assad family in ruling the country. As stated in the Realism theory, as a human character, people always desire to be in driver’s seat. Thucydides (1972:406) also stated that the standard of justice depends on the equality to compel and that in act the strong do what the y have to power to do and the weak accept what they have to accept Also, Machiavelli (1984:66) indicated the main responsibility of the ruler is always to seek the advantages and to defend the interests of their state and thus ensure the survival.In this , President Bashar Al-Assad’s ways of ruling the country is understandable, as he wants to lead the country to the new path of development, which can secure the country state and position amongst the Arab countries (Robert, 2010). However, these action moves created a massive conflict between the citizens and Assad family as the security of the citizens is being abused. This has directly caused he citizens losing their senses of security with the ruling family and consequently the rebellion arose.According to Thomas Hobbes , he believes that Sovereign states are the principal factor in international system. States are inherently always obsessed with security which might lead to â€Å"security dilemima† whereby increasi ng one’s security power can bring along even greater instability as an opposing power builds up its own arms in response. Since ruling Syria, the Assad family had built up a very strong security power through various means such as developing the massive destruction weapons.This has indeed intimidated the safety of the neighbouring Arab countie and it is now understandable why certain countries such as Turkey and Isarel supported the rebel by providing armors and weapons for the people to go against the government. At the same time, Mr. Assad was assisted by Russia with the supply of weapons to continue fighting in the war. Therefore the situation has gone worse due to the supports from other countries in the war. With Liberalism theory, liberals believe that monopoly in power must be avoided.With the Republican liberalism theory, it is believed that democary states do not go against each other as they share the same moral values, and to their mutually benifical tie of economi c cooperation and interdependence. However, for the Arab countries in general and Syria in specific, the monarchy system has been adopted by these countries over the centuries. Based on the findings in the previous section, it was identified that there is no peaceful power transfer in Syria since 1970. The prolonged imbalanced situation has resulted in the rise of the awareness among the citizens.Besides the issues of wealth and porverty mentioned by IPE are critical in the world of politic. Violent conflicts nowadays can even take place inside the states due to the unstable economy, especially the weak states where the conflict can be bonded up with the development and underdevelopment. Since 1970, the Assad family has been tightly manipulated the economy. All the privileges of ecocomy went to the family and thus creating an imbalanced condition between the ruler and citizens. In addition, due to the overgrowth of population, there were no adequate job opportunities provided by the government to the citizens.As a result the unemployment rate has increased causing the people to suffer from poverty. Conclusion In a nutshell, the revolution in Syria is inevitable due to the number of reasons such as the adoption of monarchy system and unstability of economy. It is believed that the only way to terminate the civil war is through the assistance of external forces to suppress the furious citizens and introduce a fair and transparent political process for the selection of new ruler in the country for instance through the adoptation of democracy system.Bibliography Wikipedia. (n. d. ). Realism (international relations). Retrieved 11 17, 2012, from http://en. wikipedia. org/wiki/Realism_(international_relations) Arab Spring. (2012, 09 21). Retrieved 11 20, 2012, from Sourcewatch: http://www. sourcewatch. org/index. php? title=Arab_Spring BBC. (2012, 08 30). Syria: The story of the conflict. Retrieved 11 04, 2012, from BBC news: http://www. bbc. co. uk/news/world-middl e-east-19331551 Jackson, R. (2010). Introduction to International relations Throries and approaches.Oxford University Press. Khera, J. (2012, 05 29). Syria crisis: Counting the victims. Retrieved 11 04, 2012, from BBC News: http://www. bbc. co. uk/news/world-middle-east-18093967 Manfreda, P. (2012). Syrian Uprising : Top ten reasons for the uprising in Syria. Retrieved 11 5, 2012, from middleeast. about. com: http://middleeast. about. com/od/syria/tp/Syrian-Uprising. htm Robert, G. (2010). Realism. In Introduction to International Relations (pp. 59-94). Oxfords: Oxfords Univerity Press.

Internal combustion engine Essay

Electric cars should be used instead of cars that run with gasoline because electric cars do not harm the environment, are quieter, quicker, does not require gasoline and include a significant reduction to air pollution. Firstly, electric cars have a lot of benefits. One of them is that they are quiet, quick and smooth, making most regular cars look clunky and outdated. What surprises people the most is the torque (axle-twisting power) offered by the electric cars. Step on the accelerator and power is delivered immediately to the wheels, providing a thrilling driving experience. Secondly, after a while with an electric car you will forget that gas stations existed. Imagine never going to a gas station and spending all that money for fuel. All you have to do is pull your vehicle in your drive way or garage and plug it in to the charging inlet. It is very convenient to just wake up the next morning and have a fully charged vehicle that can go up to 100 miles. In addition they are cheaper to operate. Almost everywhere in the world, electricity is very cheap. So when you compare an electric vehicle to a regular car, the cost per mile to fuel an electric vehicle is approximately one-third to one-quarter the cost of gasoline (on a cost per mile basis). Nevertheless, owning a car is associated with the responsibility of maintaining it. Regular cars require frequent maintenance but this is not the case in electric cars. These cars do not suffer same level of stress as traditional engines acquire and do not require frequent oil changes and other regular maintenance. On the other hand, electric cars have a lot of disadvantages too. First of all the limited range of the electric cars is probably the biggest disadvantage. Most affordable electric cars only have about 80 to 100 miles of range. Which is not enough if you are for instance going on a long road trip. People who have electric cars need to properly plan, assuring that they will not go over the limited range. Not to mention, they also have a long refueling time. It is not like going to a gas station and adding a couple of hundred miles of range in five or ten minutes. To recharge a completely empty electric car would take about 10 hours depending on the voltage. With 120 volts (which is the current voltage in every house) it will take ten hours. With 240 volts it takes about four to five hours to fully charge the electric vehicle. Also, you would have to have the right place to charge your electric vehicle. You cannot go more than the car’s limit but you the right place to charge it. For instance people who are living in apartments cannot own electric cars because they do not have a garage to charge their vehicle. Big electric car companies have charging stations where you can get your vehicle fully charged in 1-2 hours but there are not a lot like gas stations. Furthermore the higher cost is probably what keeps people away from electric vehicles. The current electric cars are priced between 30. 000 and 40. 000 dollars. While you can buy, for instance the Honda Fit, Ford Focus etc. for less than 20,000 dollars. Last but not least, electric cars are costly to maintain and repair if there is a big problem with the car. Since electric cars are in a class of their own, owners may wind up paying more on repairs and maintenance because not every mechanic is trained to repair and maintain electric cars. In conclusion, when considering the pros and cons of electric cars, it is clear that there are some major advantages and disadvantages of owning an electric car. At the end, if these cars help people save a tremendous amount of money and help the environment, the pros of owning an electric car will outweigh all of the cons.

Community Health Epidemiolgy Essay Example | Topics and Well Written Essays - 1500 words

Community Health Epidemiolgy - Essay Example Health statistics from year 2007 show that disease threats include diarrhea, campylobacteriosis and Hepatitis, which have been checked by health programs like the immunization of all age groups – newborns to adults. Other health threats include T.B, Sexually transmitted diseases and HIV, which are the focus of public programs, created to explore and offer their surveillance. From the community genogram, focus is placed on group-centered health education and integrating team networks among the different vulnerable groups. Focus is also placed on the family and other small groups, towards fostering the current healthcare system – so that it can address the health issues discussed. These intervention steps will be affected through the exploratory, analytical and the health action phases, towards realizing the desired changes and solutions to the health threats. Community Health Epidemiology Introduction Jefferson County is a county in the United States, located in the Stat e of Texas. As per the 2010 census statistics, the county had a total population of 252,273. The population density registered in the county stood at an average of 280 per square mile. ... An approximate level of 17.40% of the total population and 14.6% of families live below the poverty line. 24.6 % of those living below the poverty line are composed of those under the age of 18, while 11.8% are composed of those above the age of 65 years. As of January 2011, the unemployment ratio of the county stood at 9.4 percent registering 27,918 members of the total population as unemployed. The underemployment rate for that year stood at 10.7 percent, implying that the county is a home to 26, 993 unemployed citizens and a considerable number of underemployed workers who may not afford substantial healthcare services (Mecke, 1984). Discussion From a careful assessment of the economic, community safety inventory, cultural evaluation, disaster assessment, as well as planning, the results of the county’s health status indicators reflected the following. 10.8 % of the population as uninsured. Behavioral risk factors included alcohol use and abuse, substance abuse, nutrition i mbalances and vulnerability based on unfavorable physical activity patterns. An example here is the recent anti-tobacco campaign, offered to urge people reduce the consumption of tobacco, as well as protect the others from secondhand smoke. Other areas with shortage causing imbalances and deficits in healthcare services administration include socio-economic factors, like economic and social imbalances, as well as inadequate education and limited access to education. Other community health indicators influencing the health patterns depicted within the framework of Jefferson County include vulnerability indicators like crime rate, especially that involving abuse of the elderly and domestic violence. Other causes of health imbalances include

PRINCE and PRINCE2 Frameworks in Management and Business Strategy Essay

PRINCE and PRINCE2 Frameworks in Management and Business Strategy - Essay Example This management method was initially developed for use in IT projects (PRINCE) but has since been expanded in scope to deal with project management in any type of organization (PRINCE2). This report will focus mainly on PRINCE2 since this method is more extensive and applicable to all kinds of organizations. PRINCE2 is owned by the United Kingdom Office of Government Commerce or OGC, and it is in the public domain, which means it is free and available for use by anyone (Office of Government Commerce, 2005). The only potential cost incurred when utilizing PRINCE2 is the cost of training and certification (see the "APM Certification in PRINCE2" section below). When a client addresses a problem and contracts a company to remedy their problem, the PRINCE2 method can be used to set the framework for how the resulting project is to proceed. The objective of PRINCE2 is to allow newly minted businesses to start off successfully, by learning from their predecessor's mistakes, rather than to reinvent the wheel, per se, of project management. In effect, PRINCE2 is available to facilitate the most efficient and directed project management possible. ... The top problems were, "unclear direction, over- or under-worked staff, people and equipment not available when needed, rework or wasted effort, final tasks were rushed, poor quality work, problems late and overspent, small problems had a big impact (Bentley, 2003)." This is rooted in a number of sources, including "customer involvement, coordination, communication, planning control, progress, and quality control (Bentley, 2003)." Although it may seem that businesses should easily overcome these problems out of common sense, the reality is that many businesses do not know the proper way to consistently apply their past mistakes to problematic issues that regularly arise. The PRINCE2 framework can be used as a robust, adaptable system that project managers can consult throughout each stage of a project. There are eight steps, or phases, in the PRINCE2 method. These phases, which constitute the Business Case (i.e. the justification for the project) must be carried out fully to ensure that the end product is high-quality, generated in the allotted amount of time, and utilizes only the funds that are allocated for it (Office of Government Commerce, 2005; Getronics, 2003). The first step is called the start-up phase, during which project managers decide whether or not to accept the project desired by the customer, based on their own resources and capacity. Essentially, the managers address the question, "Is this project worth doing, and, if yes, are we fully equipped to complete it" This is an important phase during which the feasibility of the project is assessed and the company decides whether they can aptly handle the requests of the customer in the time allotted.

Eco3 Assignment Example | Topics and Well Written Essays - 250 words

Eco3 - Assignment Example This  results  to  higher  flowing  cash  to  cater  for the  expenses  leading  to a  better  service  delivery. The  risk  of  writing  off debts in  plan  A is  unusually  high  which may  lead  to  losses. It is  also  clear  that in,  plan  B there is a  quicker  collection  of  Average  daily  patient  revenues. This  leads  to the  optimum  maximization  of  bills  paid  in by the  customers. In  plan  B,  there  is a  higher  level  of  strictness  on  credit  policies. This may  lead  to  lower  sales  revenue  in the  company  as  compared  to  plan  A. In  plan  B, the  aging  schedule  shows  that  payments  are  made  on  time  making  it  helpful  in  determining  the  cash  flow  in the  hospital. This is an  advantage  because the  management  makes  a  decision  on  cash  available  for their  plans  and budgets. In both  plans  A and  plan  B, at the  end  of the  first  quarter, the  accounts  receivable  are the  same, but the  payments  during the  months  vary  significantly. Zelman, W. N., McCue, M. J., & Glick, N. D. (2009).  Financial management of health care organizations an introduction to fundamental tools, concepts, and applications  (3rd ed.). San Francisco: