Sunday, September 15, 2019
Nutritional Assessment
The Body Mass Index (BMI) is the ratio of weight to height and is used to classify people as being ââ¬Å"underweight,â⬠ââ¬Å"normal,â⬠or ââ¬Å"obeseâ⬠(BMI Classification, 2007). Using the international classifications, a BMI of 32.2 would be considered as Obese Gr. 1. The case being answered is why is a person who eats normally at 4-5 fairly healthy meals every day, satisfies the recommended allowances classified as obese? Many factors must be considered when answering this case. Most important among these is whether the measurement of the BMI is done under normal conditions, that is, if the body type, health status, body composition and metabolic function of the patient are considered. Truly, there are some instances when the BMI classification is not applicable. It must be noted that the Body Mass Index is a standard for determining the risk of normal people. It cannot be used for people who have high muscle mass. Muscle is considered as heavier compared to fat and a more muscular person would naturally be higher in body weight compared to his or her ââ¬Å"more normalâ⬠counterpart. Two persons, for example may have a 32.2 BMI but may have different body compositions: one may appear ââ¬Å"fatâ⬠because of greater body fat composition and the other may appear really lean and healthy because his or her body composition is mainly of muscles. A bodybuilder may always be classified as ââ¬Å"overweightâ⬠or ââ¬Å"obeseâ⬠if BMI standards are used; when Arnold Schwarzenegger won a certain competition, his BMI was 31 (Whitney, Cataldo and Rolfes, 2002). As it is, the definition of the BMI must be kept in mindââ¬âit only considers the personââ¬â¢s weight and height and not the personââ¬â¢s body composition. In other words, in assessing the health risks of a person using a BMI, the body composition or body type of a person should be considered first because the results may erroneously represent the real status of the individual. The results of the Body Mass Index can also be influenced by the water composition in the body. If the person is retaining water, for example, he or she should not be classified using the BMI standards because the weight is affected by the unnecessary water that is retained inside the body. If water is retained and the person is measured, the BMI would naturally result to a higher value which would not represent the personââ¬â¢s true health status. Edema or water retention can sometimes happen to people with kidney failure, and to women who are pregnant. The BMI classification should also not be used to pregnant women because in measuring the BMI, the weight of the unborn child is not considered which could also erroneously increase the true value of the index. The result would then, not become representative of the true health status of the individual. If however, the patient is not ââ¬Å"muscularâ⬠, the relatively high BMI of the person, despite his or her normal intake can be attributable to the personââ¬â¢s rate of metabolism. There is a possibility of the person having low metabolism as a result of previous abnormalities in dietary practices and intake or possibly a thyroid disorder. Hypothyroidism can decrease the rate of metabolism of a person by as much as 30%. At such rate, the person, no matter how healthy his or her eating habits are, is at risk to gaining more weight, having higher BMI and thus, being at risk to the diseases associated with higher BMI. These factors must be considered first in assessing whether there is something significant in the BMI of the patient under study.à The 32.2 BMI of the person may not be signifying a risk in health but a mere indication of erroneous use of the classification without considering the body composition, water retention, or pregnancy. But if these factors are considered, the person must really be at risk for high fat deposition as a result of low rate of metabolism. The person should then consider doing more physical activity or consulting a doctor on how to normalize the thyroid function. Works Cited BMI Classification. (2007). World Health Organization. Retrieved 26 Feb 2007 from http://www.who.int/bmi/index.jsp?introPage=intro_3.html, Whitney, Cataldo and Rolfes. (2002). Understanding Normal and Clinical Nutrition. 6th ed. Stamford, CT: Wadsworth Thomson Learning.
Saturday, September 14, 2019
The Ceoââ¬â¢s Decision-Making Process Model on Service Offshore Outsourcing: Using Theory of Reasoned Action (Tra)
THE CEOââ¬â¢S DECISION-MAKING PROCESS MODEL ON SERVICE OFFSHORE OUTSOURCING: USING THEORY OF REASONED ACTION (TRA) Mark Yang Department of Information, Operations and Technology Management College of Business Administration The University of Toledo 2801 W. Bancroft St. Toledo, Ohio, USA 43606 Phone: (419) 787-3453 Fax: (419) 530-2290 E-mail: [emailà protected] utoledo. edu Jeen Lim Department of Marketing and International Business College of Business Administration The University of Toledo 2801 W. Bancroft St. Toledo, Ohio, USA 43606 Phone: (419) 530-2922 Fax: (419) 530-4610 E-mail: jeen. [emailà protected] du ABSTRACT This present study attempts to fill the gap through providing the CEOââ¬â¢s decision-making process model with regard to service offshore outsourcing activities which becomes important strategy to maintain firmââ¬â¢s competitive advantage. Arguably, the CEO is the main domain of decision making authority on such important agenda of the firm as service off shoring. The research model includes 1) key antecedents of service offshoring deriving from various outsourcing literatures, 2) CEOââ¬â¢s propensity (attitude and subjective norm), intention and behavior, and 3) regulatory environmental factors.As a theoretical base, Theory of Reasoned Action (TRA) will be used. Managerial implication as well as future research direction will be provided. Keywords: Offshore outsourcing, Key Antecedents of Service offshoring, Decision-making process, Chief Executive Officer (CEO), Theory of Reasoned Action (TRA) INTRODUCTION Recently, service offshoring has brought the tremendous increasing attention and concern to both practitioners and researchers due to the rapidly-changing structure of the U. S. mployment and the growing importance of its significant impact on the U. S. economy. This trend has been more and more visible due to ââ¬Å"the rise of globally integrated knowledge economyâ⬠, which has both good and bad impact on the U. S. econo my: it may be good because U. S. firms may enjoy the cost benefits, utilizing large best pools with relatively low cost; it may be also bad because they are likely to lose control of their core businesses or lose white-collar jobs of the U. S. counterpart.Up to now, large body of research has addressed the various issues of service offshoring. However, current scholarly works tend to be fragmented and especially, few attempted to examine inside of firmââ¬â¢s decision-making process with regard to service offshore outsourcing. Such decision-making process model may be useful to contribute to the previous ââ¬â 4491 ââ¬â body of research on service offshore outsourcing in that to my knowledge, very few papers produced from top management perspective (except [47]) and this process model may help top management, esp.Chief Executive Officer (CEO) avoid to make hasty decision, resulting in saving huge economic losses. This paper is organized as follows. The following section pro vides literature reviews. The third section presents the research model which includes such variables as 1) key antecedents which are major criteria for determining service offshoring drawn from the extant literatures on outsourcing activities; 2) CEOââ¬â¢s propensity; 3) CEOââ¬â¢s Intention and Behavior; and 4) regulatory environment (moderating variable). Series of research propositions are developed.The conclusion section provides the managerial implication as well as future research direction. LITERATURE REVIEW The role of top management on affecting firmsââ¬â¢ strategy choices and performance has been well-documented [13] [14] [40] [9] [15]. Quality of leadership of top management, esp. CEO, determines the fate of the firm. For example, under Jack Welchââ¬â¢s leadership General Electric Company (GE) within 20 years has been drastically transformed into one of the largest and most admired company with $ 500 billionââ¬â¢s market value from a market capitalization o f $12 billion.It shows the critical role of CEO in advancing the firm in terms of organizational performance. Excellent outcomes start with wise and prudent decision-making. In that regard, CEO is considered the main domain of decision-making authority on important agenda of the firm such as offshoring service. Theory of Reasoned Action (TRA) [12] [2] is a general model that does not specify the beliefs that are operative for a certain behavior [8]. The TRA postulates that oneââ¬â¢s behavior is determined by his /her behavioral intention (BI) to perform the behavior.BI is divided into two conceptually distinct variables: 1) oneââ¬â¢s attitude (A) toward performing the behavior, and 2) oneââ¬â¢ subjective norm (SN) about performing the behavior. Once attitudes and subjective norms are formed, CEO may have inclination whether or not to make certain choices. Actual behavior is the transmission of such intention into action. Significance of the role of environment on the strate gy formulation and organizational outcome has been extensively examined [25] [29] [16] [24]. The CEOââ¬â¢s decision to offshore services will be greatly contingent on the regulatory environment a firm faces.The regulatory environment can, to some extent, act to facilitate or hinder offshoring. Regulation environment becomes a moderating variable that can weaken or enhance the relationship between (1) the drivers of offshoring and top managementââ¬â¢s propensity; and (2) top managementââ¬â¢s propensity and intention and actual behavior. RESEARCH MODEL The research model is about the CEOââ¬â¢s decision making process on service offshore outsourcing. It includes four key antecedents (i. e. , decision-criteria) of service offshore outsourcing and the CEOââ¬â¢s propensity, intention and behavior.This model also attempts to examine the moderating role of regulatory environment between (1) the key antecedents and the CEOââ¬â¢s propensity; and (2) the CEOââ¬â¢s propensi ty and the CEOââ¬â¢s intention and behavior. Cost Advantage ([18] [19]) Cost advantage refers to the extent to which a client firm can achieve cost reduction, productivity or profitability through service offshore outsourcing activities. One of the most commonly quoted reasons is that managers feel that they can gain cost advantages by employing ââ¬â 4492 ââ¬â outside suppliers to perform certain services and produce certain products.Cost reduction remains the major explanation for the drivers of outsourcing. Some researchers argue that an important foundation of cost reductions is the outsourcing firmââ¬â¢s access to economies of scale and the distinctive know-how or expertise that a large outsourcing vendor (i. e. , supplier) can bring. [4] [32] Nohria and William [30] discovered that to be a steady industry winner, a firm must increase its productivity by around twice above than the industryââ¬â¢s average. There are a number of studies that focus on explaining th e relationship between outsourcing and productivity growth.Todayââ¬â¢s knowledge and service-based economy offers numerous opportunities for wellrun companies to increase profits through outsourcing [30]. When used properly, outsourcing can boost profitability to the firm in many ways (i. e. , staffing, capabilities, facilities, and payroll, etc). The most obvious reason why a firm offshores services is also for cost advantage. In regard to offshoring activities, wage differential (i. e. , lower labor cost with comparable quality of work) between U. S. and other developing countries motivates top management to offshore. Risk Control ([17])Risk control refers to the degree to which a client firm control the risk such as amount of involved outsourcing value (i. e. , scale of the contract), outsourcing complexity (i. e. , level of contract difficulty) and outsourcing duration (length of the contract) that might occur through outsourcing. Management needs to assess and evaluate the r isks and their impact at various levels such as strategic, tactical and operational levels [43]. The level of contract complexity also can influence on the level of risk. Complexity refers to the degree to which activities are diversified with the outsourcing function.The more complex a contract is, the more risky its implementation is. Length of contract duration [19] can affect the complexity of an outsourcing relationship. When an outsourcing contractââ¬â¢s duration requires a longer period of time, both diversity of business relationships and complexity of contract management increase. As a result, longer duration contracts expose the outsourcing company to greater level of risk due to managerial uncertainty. Infrastructure Maturity ([17] [23]) Infrastructure maturity refers to the degree to which both firms (i. e. , client and vendor) have developed telecommunications (i. e. Internet and mobile telecommunication) and transportation (i. e. , logistics, 3PLs) infrastructure. T echnology advancement makes organizational and national borders less significant when it comes to the decision regarding relocation of service functions. Telecommunication infrastructure is essential for electronically transmitted services. Lack of telecommunication system will be a hurdle for trade with U. S. Transportation infrastructure refers to the availability of logistics. The increase in competition and growing awareness of the role of logistics lead more companies to exploit the potential of outsourcing.Cultural Compatibility ([20]) Cultural compatibility refers to the degree to which both firms (i. e. , client and vendor) can interchangeably accept cultural dissimilarities including language (i. e. , English), ethnic linkage, or cultural difference. In the context of a firmââ¬â¢s offshoring decision, language similarity between a client and vendor firm is important. Language similarity is measured by the extent to which a vendor firm is exposed to English (i. e. , Engli sh fluency). Ethnic linkage is also important for offshoring outsourcing service activities. Ethnic linkage between the managers of both firms (i. . , client and vendor) in origin and destination countries increases cultural compatibility. Such ââ¬â 4493 ââ¬â linkage improves social capital [45]. Cultural difference refers to the degree to which firms may not accept a counterpartââ¬â¢s culture. These cultural differences may increase difficulties associated with managing employees. We propose that four factors that have influenced firmsââ¬â¢ outsourcing decision will affect to some extent firmsââ¬â¢ service offshoring decision. Therefore, we regard these four factors as the key antecedents of the CEOââ¬â¢s decision for service offshore outsourcing.Theory of Reasoned Action (TRA) In firmsââ¬â¢ decision-making for service offshoring, CEO is the key person who actually involves in that process with collaborative effort of top management and board of directors. Ac cording to TRA, attitude toward offshore outsourcing services is generated by the individualââ¬â¢s salient belief about the consequences of adopting service offshoring practices (behavioral beliefs) and evaluation of these consequences (i. e. , positive or negative outcomes). Positive feelings toward offshoring will lead top management to form optimistic attitude, in turn intention to behave (i. e. willingness to offshore outsourcing services). After careful examination of the four key antecedents, i. e. , cost advantage, risk control, infrastructure maturity, and cultural compatibility, the CEO forms positive or negative attitude toward offshoring. Subjective norm is generated by the normative beliefs that the person attributes to what relevant others (i. e. , social referents) expect her to do with respect to adopting offshoring services as well as her motivation to comply with those beliefs. Social referents possibly include firmââ¬â¢s board of directors, stockholders, firm ââ¬â¢s customers, or CIO [47].The strength of social referentsââ¬â¢ normative belief and motivations will actually determine the CEOââ¬â¢s final decision to offshore services. Once attitudes and subjective norms are formed, the CEO may have inclination whether or not to make decision for offshoring services. In turn, actual behavior will be transmitted from such intention. The above discussions lead to: Proposition 1: The key antecedents of service offshore outsourcing, (a) Cost Advantage, (b) Risk Control, (c) Infrastructure Maturity, and (d) Cultural Compatibility will have a positive impact on top managementââ¬â¢s attitude and subjective norms to offshore outsourcing services.Proposition 2: Top managementââ¬â¢s positive attitude and norms that was formed through careful assessing key antecedents of service offshoring will have a positive impact on top managementââ¬â¢s actual behavior (i. e. , both intention and decision to offshore services). Moderating Effect: Regulatory Environment ([17] [20]) Regulatory environment refers to explicit regulative processes, existing laws and rules that influence offshoring outsourcing [49]. In this case, government plays a major role.For example, in case of offshoring software industry, government can affect restrict or facilitate the import and export of equipment, software, or data across the country. Government is also the main enforcers of intellectual property laws (i. e. , patent, copyright) 36]. Companies in the U. S. will not choose to offshore key functions if they are concerned about the security of key processes or products [37]. Generally, three types of regulatory factors can be categorized: 1) Tariff/ Non-tariff barriers; 2) privacy laws and 3) rule of law.We propose that above regulatory environment factors will play moderating roles in affecting the relationship between the key antecedents and the CEOââ¬â¢s final decision to offshore outsourcing services. Proposition 3: The relationship between (1) the key antecedents and the CEOââ¬â¢s propensity and (2) CEOââ¬â¢s propensity and intention and behavior for offshore outsourcing services will be moderated by regulatory environment. ââ¬â 4494 ââ¬â Table 1: Key constructs (Definitions and Supporting Literatures) Construct Definition Literature Cost Advantage (CA) The degree to which a client firm can achieve cost reduction, operating efficiency (i. . , productivity) or profitability that is related to economic benefit through service offshore outsourcing activities Smith et al. , 1998; Jiang et al. , 2006; Jiang et al. , 2007 Risk Control (RC) The degree to which a client firm controls the risk that might occur through service offshore outsourcing activities, risk such as amount of involved value (i. e. , Scale of the contract), complexity (i. e. , Level of contract difficulty) and duration (Length of the contract). Smith et al. , 1998 Stremersch et al. , 2003; Carson, 2007; Jiang and Qureshi, 2006; Jiang et al. , 2007 Infrastructure Maturity IM) The degree to which both firms (i. e. , client and vendor) have developed telecommunications (i. e. , Internet and mobile telecommunication) and transportation infrastructure. Cultural Compatibility (CC) The degree to which both firms (i. e. , client and vendor) can interchangeably accept different cultural backgrounds including language (i. e. , English), ethnic linkage, or cultural difference. Kshetri, 2007 Regulatory Environment (RE) Explicit regulative processes, existing laws and rules such as trade barriers, privacy laws and rule of law that influence service offshore outsourcing activitiesScott, 1995; Jahns et al. , 2006; Kshetri, 2007 Jahns et al. , 2006; Metters and Verma, 2008 Figure 2: Theoretical Model Key Antecedents Cost Advantage (CA) Risk Control (RC) Infrastructure Maturity (IM) H1 The CEOââ¬â¢s Attitude and Subjective Norms toward offshoring Hservices 3 (PROPENSITY) Cultural Compatibility (CC) H3 Regulatory Environment (RE) ââ¬â 4495 ââ¬â H2 The CEOââ¬â¢s DecisionMaking to offshore services (INTENTION) (BEHAVIOR) CONCLUSION Nowadays, outsourcing and offshoring decision is not an alternative option to choose but a mandatory passport to lead firms to sustain competitive advantages over rivals.In this regard, this paper seems to be of less value because many firms offshore service jobs anyway. However, the key antecedents that were shown in present study may help management as useful decision tools and become critical in succeeding to reap the full benefits of the offshoring activities to the firm. This is a meaningful attempt to go inside of firmsââ¬â¢ decision-making process though it may not be perfectly useful for managerial decision. It is primarily because through this model, management can rethink before they launch the service offshoring activities, asking themselves ââ¬Å"why we pursueâ⬠and ââ¬Å"then, how we can reap the full benefits. This present study attempted to c onsider four key antecedents of service offshoring which are important decision-credentials for top management, esp. CEO to offshore. Although these are not direct determinants of service offshoring decision, they are the ones in which firms need to consider before actual decision is made in that they encompass different aspects. Cost advantage and risk control are considered economic aspects. Since cost elements are always one of the most important reasons for firmsââ¬â¢ decision of certain activities, cost advantage and level of risk control needs to be carefully examined before initial launch is kicked off.Infrastructure maturity is considered environmental or infrastructural aspect. Availability and development of telecommunication and transportation infrastructure is critical for service offshoringââ¬âits fast and reliable delivery. Lastly, cultural compatibility is considered cultural aspect. Language (i. e. , English) fluency, ethnic linkage, or cultural difference wil l actually determine long-term relationship between a client and vendor firm across the country.These decision-criteria will help top management to consider the different aspects of offshoring activities, which are economic, environmental (infrastructural) and cultural dimensions. This present study also identified three different aspects of regulatory environment which are trade barriers, privacy laws, and rule of law. Trade barriers are associated with a relation-type regulatory factor in that they determine the magnitude of relationship between countries which are involved in offshoring activities.Privacy laws are coupled with a risk-type regulatory factor in that lack of privacy laws will make a client firm to be exposed to information (data) loss. Rule of law such as political institution, court system or sound citizenship is linked with security-type regulatory factor in that poor rule of law (i. e. , vendor firm) is regarded as major obstacles to offshoring and cause to criti cal security problems. For future research, three major works need to be done. First, to make empirical study possible, measurement items for each key antecedent and CEOââ¬â¢s propensity, intention and behavior need to be developed.For operationalization of key variables, more refined work should be continued. In this case, both secondary data and survey method may be appropriately used. Second, for completeness of the model or further analysis, outcome and performance measure might be added. Third, for extension of this paper, it might be an interesting attempt if general decision-making process model which includes other top management teams and board of directors is provided. * References Available Upon Request (Mark Yang: [emailà protected] utoledo. edu) ââ¬â 4496 ââ¬â
Friday, September 13, 2019
Compare Mencius theory of Human Nature as Good with Xunzis Theory of Essay
Compare Mencius theory of Human Nature as Good with Xunzis Theory of Human Nature as Evil - Essay Example He said when people follow their original morality, they show exceptional goodness that has been bestowed on them by nature. According to him people are unhappy when others suffer and would like to save them from such sufferings and that is the side of goodness and he showed the example of all people rushing to save the child, which is about to fall into a well. According to him, the original good nature of man gets hit by disappointments and difficulties like trees on mountain slopes being targeted by horrendous winds and he gives examples of once beautiful, now bedraggled trees of Niu Mountain. "Mencius belonged to one of those philosophical schools and all these schools were competing among themselves for disciples and for the favour of rulers which would bring wealth, power and positionsMencius was therefore, in a position that he had to explain more clearly than Confucius why every man should strive to be a 'superior man'" Hwang (1979, p.205). His arguments are termed as too idealistic, far from reality, far removed from real life happenings and he argues a kind of mysticism beyond comprehension and belief. He is also criticized that all people cannot be endowed with such superfluous goodness as he supposed. Funnily, in spite of criticism, Mencius' theory continued to exist and is quite relevant even today. "Mencius, on the other hand, is more truly a mystic. Not only does he believe that a man can attain oneness with the universe by perfecting his own moral nature, but he has absolute faith in the moral purpose of the universe. His great achievement is that he not only successfully defended the teachings of Confucius against the corrosive influence of new ideas but, in the process, added to Confucianism a depth that it did not possess before," Lau (1970, p.46). He stressed upon ethical predispositions of mind and heart. He argued that any budding evil could be controlled by self-reflection and self-cultivation. His ethical ideal was benevolence humaneness. Xunzi lived towards the end of Warring States Period (453-221 BCE) and along with Mencius and Confucius, was one of the three main architects of Confucius school of Philosophy in China. This period saw great philosophical flowering in China that enveloped almost all spheres of life, society, politics, ruling, warfare, defense etc. He lived in a 'cutthroat' age and it is not surprising that his philosophy is based on human evil. He also felt the need of human education and moral training. "Human nature is evil; what is good is artifice. Now, human nature is as follows. At birth there is fondness for profit in it. Following this, contention and robbery arise, and deference and courtesy are destroyed," Goldin (1999, p.6). Xunzi was directly opposite to Mencius in assuming that human nature starts with evil and not with goodness. His thought clashes with that of Mencius on the fundamentals itself. "But it flatly contradicts the view of Mencius, who taught that man is naturally inclined to goodness and in later centuries, when Mencius' view came to be regarded as the orthodox one, it led to an unhappy clouding of Hsun Tzu's entire system of thought," Watson (1967, p.5). He thought man is prone to evil dispositions, and ethical rules of society are invented to prevent this natural process. His philosophy says that Man is naturally an evil,
Thursday, September 12, 2019
Major Incident Management Essay Example | Topics and Well Written Essays - 500 words
Major Incident Management - Essay Example Those who are categorized as serious have a deathly consequence in their circumstances; those categorized as major may suffer from a major permanent loss of function; next comes those who may suffer with a permanent reduction in bodily functions; those categorized as minor require increased level of care; and finally those classified as minimum are patients with no injury or increased level of care (New South Wales Government, 2005). Based on corporate consequence, impact on staff, visitors, services, finances, and the environment shall also be assessed by the first responder. The likelihood of the incident happening again shall also be assessed by the first responder. He shall classify the likelihood from the rating ââ¬Ëfrequentââ¬â¢ (the highest possible rating) to ââ¬Ërareââ¬â¢ (the lowest possible rating) (New South Wales Government, 2005). The risk or the magnitude of the incident also needs to be assessed by the first responder. The incident is rated at 1 if the ris k is extreme; 2 if the risk is high; 3, if there is medium risk; and 4 if the risk is low (New South Wales Government, 2005). The initial triage of the first responder is to assess the patients with life threatening conditions. The first responder has to deliver immediate treatment to these patients first by delivering CPR after airway clearance. For those classified as urgent or are unable to walk with RRs at 10 bpm-29 bpm and CRT at 2 seconds or less, urgent treatment has to be delivered by the crew. For those with minor injuries, but are walking, their treatment may be delayed; and for those who are dead, no treatment can be delivered. The crew then has to render appropriate emergency care and then transport the patients to the nearest hospital the soonest time possible, starting with those needing immediate care. In case of possible contagion, the emergency ambulance crew also has the duty of decontaminating the patients and themselves
Wednesday, September 11, 2019
Leadership Issues in the Digital Economy Essay Example | Topics and Well Written Essays - 2000 words
Leadership Issues in the Digital Economy - Essay Example The Digital Economy strategy focus on providing the capability to timely adoption and development of information technologies by governments, societies and businesses, and aims at the transformational impact that such technology can cause. Digital Economy strategy will combines the underlying technologies, with all other aspects needed to bring transformation. Digital economy touches on a variety of issues, encompassing general concerns like who pays for the strategy, who directs the it, as well as the valued of estimating openness as a basic principle. Digital economy also touches on concerns such as infrastructure (digital television transition, broadband networks, foreign investment and net neutrality), ability to innovate (Privacy Act, spam, lawful access, security breach disclosure), and digital content (open data, copyright reform, domain names, digitization, open access). The discussion will identify some areas of concern such as digital technologies, digital skills establishi ng a digital infrastructure, digital content and developing the ICT industry. The paper will focus on the various general issues that are significantly vital to a successful and strong digital economy strategy. Leadership is the basic requirement for any digital economy. Any country needs digital leaders, such as a Chief Technology Officer as well as the cabinet-level attention on the issue. Manufacturing, automotive, foreign investment, telecoms, competition, Statistics, consumer affairs, scientific research intellectual property and many other related issues all fall under this category. With wide scope of such digital issues, nations require a point of leadership, which has the capacity; enhance the strategy at the national level. In many countries, the trading partners have established ministerial positions with responsibility for certain digital issues. For instance, Australia has a Minister for industry, innovation, research and science, and a Minister for the digital economy, communication and broadband. The digital economy refers to a global network of economic and social undertakings that are permitted by media like the internet, mobile and sensor networks. The idea of a digital economy arose in the last decade of the 20th century. In this new economy, digital networking and communication infrastructures give a worldwide platform on which people and groups come up with strategies, interact, communicate, collaborate and search for data. For instance, a large group of digitized products such as databases, magazines, news and data, books, among others are offered over the digital setup anytime, anywhere in the universe. With increasing population and resource deployment, digital economy is not restricted to business transactions and services alone but, it also every part of life starting from health to education as well as from business to banking. The e-Government is taking its role in the digital economy by offering e-services in the different ministri es to its e-Citizens. The emergence of mobile technology has been intense. Mobile devices such as the smart phones, tablets, readers and other appliances have been more fruitful and transformed faster than many individuals anticipated. Cloud computing has continually expanded. This autonomous but related occurrence will possibly become a prominent and permanent ingredient of the digital landscape. Although there have been pressure and challenges in the recent days, they are a compulsory section of the development agenda that will
Tuesday, September 10, 2019
The transportation Industry Assignment Example | Topics and Well Written Essays - 500 words
The transportation Industry - Assignment Example The 2011 RynAir financial statements are illustrated in Appendices A-D. The report will also include a discusssion of the accounting cycle. The accounitng cycle is a systematic system used by accountants to keep track of economic activities in order to prepare the financial staments of the company. The flow chart below shows the steps of the accounting cycle. RynAir Corporation must pay close attention to its accounting cycle. It all starts with the receipts and source document that are used to analyze the journal transactions. The firm could implement a new system that digitalizes all receipts. This system would improve the accountability of the system since it would create a backup of all receipts. Accountants instead of sorting through a bunch of small paper receipts they can get a digital image of each receipt in front of their computer monitor. The accountants would be able to work faster because inefficiencies in the journal recording process would be reduced. The income statement is a statement that reflects the profitability of a company during an accounting period. In 2011 RynAir had total revenues of â⠬3629.5 million. In comparison with fiscal year 2010 the company increased its revenues by 21.46%. The net margin of RynAir in 2011 was 10.32%. The firm achieved earnings per share of â⠬25.21. The operating expenses of the company were â⠬3141 million, which was higher than the 2010 total of â⠬2586 million. A cost factor that increased a lot in 2010 was the fuel and cost expenses. Traditional fuel and oil expenses are the biggest cost factor in the airline industry. In 2011 the company spends â⠬1,227 million in fuel and cost which is an increase of 37.26%. Since the company increased its revenues at a higher rate than its expenses the overall profitability of the company was better. The balance sheet of the company is often referred to as the statement of
Monday, September 9, 2019
Research and Critically Review three General-Purpose Embedded Essay
Research and Critically Review three General-Purpose Embedded Processors - Essay Example This essay stresses that microprocessors came into existence with the advent of computer technology. Since then, there has been a steep increase in the technological advancement with each new technology replacing the old counterpart in a matter of a year or two. Power consumption and dissipation, among these processors, was not a cause of concern as the issue could be easily addressed by use of fans with processors to keep them cool apart from providing an air conditioned environment. This arrangement sounds good for desktop applications only, while mobile applications warrants good performance in open environment with stored power sources (batteries) and no cooling mechanism. This paper declares that embedded microprocessors have a number of associated properties and features of which the following five offer best criteria for differentiating and estimating the performance. CISC processors exhibit better code density than RISC processors due to complex instruction set in CISC, while RISC utilizes a fixed length instruction code. However the RISC architecture offers simple and fast instruction decoding. It is not always advisable to integrate a large number of peripherals and chipsets with the processor. This would increase complexity and may not lead to desired results. It may further, create power consumption problems. A possible way out could be a separate chipset for applications.
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