Risk Management - Tea Shop Report - 1204 Words

I am going to establish a new tea shop business. There are five types of business risk that I might face. * Strategic Risks Are thoes risk associated with operating in my tea shop. They include risks arsing from: * Acquisition activity * Changes a mong customers or in demand * Research and development * Compliance Risk Compliance risk are those associated with the need to comply with laws and regulations. * Financial Risk Financial risk are associated with the financial structure of the business. The transactions the business makes, and the financial systems that already have in place. * Examining daily financial operation. * Watching the cashflow * Employee risk management,†¦show more content†¦Ã¢â‚¬ ¢ Mergers, joint ventures or strategic alliances. †¢ Moving into new market segments that offer improved profits. †¢ A new international market. †¢ A market vacated by an ineffective competitor. A threat could be: †¢ A new competitor in your home market. †¢ Price wars with competitors. †¢ A competitor has a new, innovative product or service. †¢ Competitors have superior access to channels of distribution. †¢ Taxation is introduced on your product or service. How much risk is acceptable in your business? Justify your answer. A business owner is thoroughly responsible for their own financial survival and possibly the financial survival of their employees. Business owners, for the most part, seem to be risk takers, who really don t easily go with the flow. They are inventive and somewhat confident, as just having their own business does mandate that they possess these qualities. However, the ability to live with risk is very much a personal issue. Some business owners can live with more risk than others and some can manage the risk better than others. While all businesses must grow and change continually in order to survive, every time I makes a decision to expand or increase its offerings, a modicum of risk does exist. The tea shop face risks when it incorporate new offerings into my current ones, take on new employees, when change marketing techniques sufficiently, or when I expand into new areas of business above and beyond theShow MoreRelatedEssay on Starbucks Risk Management1233 Words   |  5 Pagesnationalistic orientation. A risk to the Starbucks is any event or action that could have a negative impact on the company. This includes events that could lead to: uncertainty and risk rise from legal, logistics, cultural and currencies stand point. * Cultural risk: The nature of a society attacking their culture of drinking tea-they positioned stores in high-traffic and high visibility locations. 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A Reflection on My Learning Free Essays

Coming from a modest background in the countryside, I have been fortunate to have traveled to various parts of the world observing many rich cultures and traditions of humanity.   These travels were not only a mean to satisfy my inner urge to learn more about people across the world but also a sincere effort to observe how they find solutions to their daily life problems. I believe in strong traditional values of family and culture, and being hands-on in my approach toward different facets of life, including the problems faced by people around the globe. We will write a custom essay sample on A Reflection on My Learning or any similar topic only for you Order Now    Gaining an understanding of other people’s lives, in my opinion, is a way for me to find solutions for them when they feel that they cannot do so for themselves. Belonging to the countryside never stopped me from dreaming and knowing more about people.   Traveling has introduced to me an outlet where I can freely share my knowledge and experience with people whom I meet.   It has also helped me in understanding my own self much better.   According to Scott (2005), self-awareness is at the center of learning and development. In order to boost his career potential, each individual must understand himself, being aware of the kind of work he enjoys, and recognizing his strengths, weaknesses and skills, as well the effect that he has on others.   Self-awareness allows people to easily manage their own behavior apart from their colleagues or peers, while fulfilling the goals of the institution that they represent.   As a matter of fact, self-awareness lies at the very core of successful leadership. Who Are You? My family comprises of seven different nationalities, so it does not come to me as a surprise when I learn that people from different cultures may tackle the same problems dissimilarly.   Living in a multicultural environment since childhood has developed me as an empathetic and tolerant individual, who is always on the verge of trying something new.   I do not subscribe to the policy of Me Vs. Them.   As a matter of fact, I firmly believe in understanding other people’s perspectives and respecting the desires and fears that motivate their decision making. For this reason, I am confident that I could play leadership roles in institutions that must learn to manage diversity so as to enjoy the full advantages of the richness of human cultures and belief systems.   Diversity management has become a prominent issue in business practices and management theories around the world; and I consider myself in a privileged position as far as understanding this need of the contemporary organization is concerned (Whitfield Landeros, 2006). Being different is not different to me.   Being a member of a multiracial and multicultural family, I am good at absorbing differences and devising my own ways to solve problems.   Hence, I believe that I could be highly useful for a variety of organizations in future.   Moreover, my interest in self-awareness has helped me to be conscious of my responses to different situations. Self-awareness also leads to self-acceptance, which, in my opinion, is an essential quality for a manager or leader to adopt (Hardingham, 2004, pp.48). Where Are You Now? I happen to be at a stage of life where most things are going according to plan.   My life is stable both personally and financially.   I spend most of my time with my boyfriend who shares many of my interests, such as fishing, hunting and camping.   The stability and support that I am experiencing at present has provided me with an opportunity to plan ahead for better things in life by simply moving forward and doing the things that I enjoy.   Being at a stage where I can take decisions regarding my life without fearing that something might go wrong has helped me in making correct decisions.   Secondly, I feel less pressured about managing mistakes at present, and this has helped me to increase my focus on the tasks at hand. What Do You Want To Do? Gandhi had stated, â€Å"Be the change that you want to see in the world.†   Inspired by these words, I would like to make a difference to the world not by sitting on the fence but actually working and bringing about the desired changes in myself.   There are a variety of problems faced by our human community, such as hunger, disease, violence, the negative effects of global warming, etc.; and I would like to help the world to a degree where I can see the desired changes in people and the world around me while I am still living in it. As mentioned previously, I am willing to be the change that I want to see in others.   For this, I would like to lead by example rather than being a desktop pundit.   Furthermore, I would not want to teach people to simply adapt to the circumstances that make them suffer.   Rather, it is essential for me to lead people to solve their problems, regardless of whether the problems are related to the management of diversity to reduce violence in the world, or global warming.   In short, I would like to help people, depending on their needs at any given time.    How to cite A Reflection on My Learning, Papers

Parental Issues in A Midsummer Nights Dream Reading the science of Law into a Cautious Tale about the Return into the Lapse of Nature

Introduction: Shakespeare’s Wisdom and Wit The ideas in Shakespearean plays have never been too on-the-nose; conveyed in an extremely subtle manner, they often hid in between the lines, allowing the readers time to ponder ethical dilemmas. Not necessarily being the focus of the work, the given problems nevertheless stood out on their own, making it clear that the poet addressed the social issues of the time as well as telling entertaining stories.Advertising We will write a custom essay sample on Parental Issues in A Midsummer Night’s Dream: Reading the science of Law into a Cautious Tale about the Return into the Lapse of Nature specifically for you for only $16.05 $11/page Learn More Which is even more enthralling, the ethical issues that Shakespeare raised in his works still remain topical. Considering the issues that concern rather human nature than the morals of a particular epoch, Shakespeare created timeless works that offered the re aders timeless dilemmas, as well as the solutions to these dilemmas, hidden between the lines of his works. A Midsummer Night’s Dream, a comedy with an unusual moral question for the audience to consider, is one of such works. Thesis Statement: Despite its age and topic, A Midsummer Night’s Dream brings up topical legal and ethical issues, as well as creates a connection between people and nature, bringing up the principles of strength, power and stealth as the key means to win, which the primitive society was guided by. The plot of a Midsummer Night’s Dream can hardly be related to anything legal, with its fairytale setting and the romantic premises. Analyzing the curves of the plot, however, one will come across the fact that the play offers a very unusual perspective on parenthood, namely, on adoption and the rights of a custodian. Though it is usually considered that a mother should be given the rights to take care over a child, in case of a father and a ste pmother, the issue becomes much more complicated. Therefore, the problem that arises between Titania and Oberon can be seen from the legal point of view as well. Moreover, it is necessary to mention that the play blurs the line between the legal solutions of the problem and a more ancient and, therefore, more savage means to solve the given problem. Using brutal force, Oberon tries to get the hold of the child, while Titania flees with her son, relying on her cunning rather than on the support from anyone with enough authority. Finally, in addition to the criminal subtext and the nature versus nurture issue, the play also offers a gender problem that stems from the conflict between Titania and Oberon. Concerning both biological specifics of gender and, therefore, referring to the previously raised nature–nurture argument, as well as setting male and female gender apart and, thus, leading to a gender issue, the conflict leads to a question concerning who has the qualities of a better parent. However, it is worth mentioning that the third issue can also be viewed as a contribution to the argument concerning the legal rights for adoption. While the former issue is relatively independent and, thus, can be used as an argument in discussions, the latter is an implication stemming from the biological premise.Advertising Looking for essay on american literature? Let's see if we can help you! Get your first paper with 15% OFF Learn More The Play Summary and the Obvious Ethical Question Before proceeding with the description of the plot, one must mention that Shakespeare, as a true master of intrigue that he was, managed to intertwine several plot lines within a single play. In A Midsummer Night’s Dream, there are three key storylines. The first and the most important one concerns the love relationships between Lysander and Hermia, and touches upon the idea of arranged marriage. The second one revolves around the couple of elves, the king Obe ron and his wife Titania, who runs away from her royal husband and takes her son with her, being afraid that, as a stepmother, she has no right to prevent Oberon from taking her stepson away and is the key point of discussion in the given paper. The final plotline, which lies the closest to reality, depicts the attempts of the Athenian actors to put up a play based on the notorious love story of Thisbe and Pyramus. Hence, it seems that the issue of divorce between Titania and Oberon is left in the shadow of the unfolding events of the play. The very idea of a conflict between a couple seems quite trivial for Shakespeare; however, resulting in a â€Å"divorce† between the lead characters, who quite frankly belong to the real of the Greek mythology and, to top it all, with an issue regarding the â€Å"custody fight† between the characters, the problem becomes rather unique. When Literature Meets Jurisdiction: The Mother, the Father and the Child As it has been mentioned above, the play incorporates the elements of a moral dilemma concerning who the parent of a child should be in case the parents decide to separate. While in Shakespeare’s play, the case with the custody is very black-and-white, with little to no indications that Oberon could also play the role of the child’s father successfully, the poet states clearly that the issue concerning single parenting exists and that it must be addressed. Shakespeare is obviously on Titania’s side, which does not make his point of view revolutionary in the modern sense of the word. However, given the fact that in the epoch during which the events in the play occur, women’s role in society was restricted to following the orders of the husband and that the mother’s opinion was in no way significant, the choice that Titania makes running away with the child is quite solid. From this point, there are two ways to interpret the issue. On the one hand, the problem can be viewed through the lens of modern jurisdiction, which dictates that the right to bring a child up belongs to the mother, yet states that kidnapping is a punishable offense. On the other hand, Titania’s runaway can be considered outside of the modern justice context as a manifestation of a very motherly instinct to save the child. Shakespearean World: Where Passion Is a Sufficient Reason for Kidnapping At first, what Titania does to save her stepchild from her savage husband seems irrational. While Oberon does act like a cruel beast, disregarding his wife’s feelings towards her stepson, Titania also breaks all possible laws in the light of the modern law, literally kidnapping the child and running away.Advertising We will write a custom essay sample on Parental Issues in A Midsummer Night’s Dream: Reading the science of Law into a Cautious Tale about the Return into the Lapse of Nature specifically for you for only $16.05 $11/page Learn More On a second thought, though, it is essential to mention, though, that the plot of the poem is based on a Greek myth, which makes a sufficient excuse for what seems a completely illogical and even criminal step from the point of view of modern judicial system. Therefore, the poem also serves as a graphic example between the present-day judicial system and its principles, and the legal postulates that were used several centuries before. Thus, one can see clearly the progress that has been made in term of both re-establishing the rights of a mother and at the same time polishing the existing system so that the victim should use it as a tool for restoring justice instead of running away from it. From the Viewpoint of Nature: Mother’s Care vs. Father’s Protection Choosing a Better Parent With the idea of mother’s prerogative for raising children, the reasons for the given idea do not seem to be questioned often. However, it is reasonable to suggest that there are c ertain arguments stressing a mother’s advantages as a child tutor. These specifics stems from the times when men and women had defined social roles, women being engaged into children upbringing, while men devoted most of their time to hunting (Fiske, Gilbert and Lindsey 952). At present, with a considerable shift in the social roles of men and women, the idea of women as the only possible child tutors seems to have become dated; however, in the Shakespearean epoch, women had the ultimate privilege of raising children as opposed to taking any part in the social or political life of the country (Wright 89). Hence, in A Midsummer Night’s Dream, questioning the reasonability of the given prerogative, Shakespeare, thus, is several centuries ahead of his epoch. While the solution might seem obvious, there is still a lot to discuss. Indeed, a mother gives birth to a child, which means that from the point of delivery, a kind of a spiritual connection between a mother and a chi ld appears. On the other hand, Titania was not the biological mother of the child, which makes the given argument invalid. Given the fact that in the Shakespearean times, and especially in the times of the legendary Oberon and Titania, women were restricted to the social roles that they were told to play (Blundell 76), it is rather doubtful that with Titania’s protection, destiny would have been much more favorable to the child. On the contrary, staying with Oberon as his servant, the child would have obtained at least some education and had a career. However, the specifics of the epoch aside, the assets of a single mother are just as strong as the ones of a single father. Hence, saving her son from becoming her husband’s servant, Titania makes the right choice that signifies her maturity and motherly qualities. As Kehler puts it, Titania becomes â€Å"the voice of ethical commitment† in the play (Kehler 317).Advertising Looking for essay on american literature? Let's see if we can help you! Get your first paper with 15% OFF Learn More Conclusion: A Midsummer Night’s Dream as a Retreat into the Primitive Regardless of its flippant charm and the obvious comedic elements, A Midsummer Night’s Dream offers a lot of food for thoughts in terms of its subplot of kidnapping and the following argument concerning the best choice of a parent. While the focus of the play is obviously on the relationships between the characters, as well as on the situational comedy, the issue of parenthood is still touched upon. Therefore, the play intersects with legal issues concerning parenthood at certain points. Moreover, bringing up the question concerning who the best parent is, a caring mother or a protecting father, A Midsummer Night’s Dream appears to be a much more dimensional play than one might think it to be. Works Cited Blundell, Sue. Women in Ancient Greece. Cambridge, MA: Harvard University Press, 1995. Print. Fiske, Susan T., Daniel T. Gilbert and Gardner Lindsey. Handbook of Social Psychology. Vol. 2. Ne w York, NY: John Wiley Sons, 2010. Print. Kehler, Dorothea. A Midsummer Night’s Dream. New York, NY: Routledge, 2001. Print. Wright, Courtni C. The Women of Shakespeare’s Plays. Lanham, MD: University Press of America. 1993. Print. This essay on Parental Issues in A Midsummer Night’s Dream: Reading the science of Law into a Cautious Tale about the Return into the Lapse of Nature was written and submitted by user Maleah Mckinney to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Rome 100-600 Essays

Rome 100-600 Essays Rome 100-600 Essay Rome 100-600 Essay Emma Betz World History AP Period 2 Comparison Essay on Rome Between 100 C. E. and 600 C. E. , Rome went under many changes both culturally and politically. Culturally, Rome had a change in the empire’s religious beliefs. Politically, there was a division of the empire. With so many changes, there were a few continuities, such as Paterfamilias and the political standing of women. Religion was a large part of any Roman’s life that was changed drastically. In the early empire, Paganism, where there was a belief in many gods, was the main religion. When the idea of Christianity came around, it initially attracted the poor. Eventually it gained popularity in the other classes. Eventually such a large amount of people believed in Christianity that even though the authorities had rejected the religion in 100 C. E. , Constantine was forced to legalize it in 313 C. E. Christianity quickly spread through the Roman Empire and took over the other religions. A huge change politically was the division of the Roman Empire into east and west. There were extreme economic issues and battles both internally and externally. During this time, most of the emperors were weak and there were many disputes over who was next in line for the throne. Germanic tribes took advantage of the chaos and tried to take over land to the east and west. Rome had to split their forces in order to fight them, dividing the empire. Another reason for the division was that the Roman Empire was so vast that there were too many different ideas on how to run the empire and it was impossible to make everyone happy, thus dividing the empire. Paterfamilias was one way culturally that Rome did not change. A male who was the father had complete control over his family. He had control of his children’s lives for his whole life. He controlled their occupations, spouses, economic possessions, and could choose to kill them if he wished; although, he usually tried to consider their needs and desires. He had power until his death and was the only member of a family that had full legal rights. Paterfamilias remained dominant through 100 C. E. to 600C. E. Women’s political status did not change during this time period. Women offered advice, plotted behind others backs, and sometimes went through in public, but they were denied public office and a role in government. They had no political importance, although some women influenced their husbands and sons who had high power. Freeborn women generally had more rights than freedwomen. Women were unable to own property. The only women who had some rights were those who took a vow to chastity (the Vestal Virgins in Rome), they were more respected in society and even had the privilege to own land. The Roman’s experienced many cultural and political changes, religion and division, and many continuities, Paterfamilias and standards of women. These changes and continuities between 100 C. E. and 600 C. E. influenced other matters and changed the Roman Empire throughout the rest of it’s history.

Using Java Naming Conventions

Using Java Naming Conventions A naming convention is a rule to follow as you decide what to name your identifiers (e.g. class, package, variable, method, etc.). Why Use Naming Conventions? Different Java programmers can have different styles and approaches to the way they program. By using standard Java naming conventions they make their code easier to read for themselves and for other programmers. Readability of Java code is important because it means less time is spent trying to figure out what the code does, leaving more time to fix or modify it. To illustrate the point its worth mentioning that most software companies will have a document that outlines the naming conventions they want their programmers to follow. A new programmer who becomes familiar with those rules will be able to understand code written by a programmer who might have left the company many years beforehand. Picking a Name for Your Identifier When choosing a name for an identifier, make sure its meaningful. For instance, if your program deals with customer accounts then choose names that make sense for dealing with customers and their accounts (e.g., customerName, accountDetails). Dont worry about the length of the name. A longer name that sums up the identifier perfectly is preferable to a shorter name that might be quick to type but ambiguous. A Few Words About Cases Using the right letter case is the key to following a naming convention: Lowercase is where all the letters in a word are written without any capitalization (e.g., while, if, mypackage).Uppercase is where all the letters in a word are written in capitals. When there are more than two words in the name use underscores to separate them (e.g., MAX_HOURS, FIRST_DAY_OF_WEEK).CamelCase (also known as Upper CamelCase) is where each new word begins with a capital letter (e.g., CamelCase, CustomerAccount, PlayingCard).Mixed case (also known as Lower CamelCase) is the same as CamelCase except the first letter of the name is in lowercase (e.g., hasChildren, customerFirstName, customerLastName). Standard Java Naming Conventions The below list outlines the standard Java naming conventions for each identifier type: Packages: Names should be in lowercase. With small projects that only have a few packages its okay to just give them simple (but meaningful!) names: package pokeranalyzer package mycalculator In software companies and large projects where the packages might be imported into other classes, the names will normally be subdivided. Typically this will start with the company domain before being split into layers or features: package com.mycompany.utilities package org.bobscompany.application.userinterface Classes: Names should be in CamelCase. Try to use nouns because a class is normally representing something in the real world: class Customer class Account Interfaces: Names should be in CamelCase. They tend to have a name that describes an operation that a class can do: interface Comparable interface Enumerable Note that some programmers like to distinguish interfaces by beginning the name with an I: interface IComparable interface IEnumerable Methods: Names should be in mixed cas e. Use verbs to describe what the method does: void calculateTax() string getSurname() Variables: Names should be in mixed case. The names should represent what the value of the variable represents: string firstName int orderNumber Only use very short names when the variables are short-lived, such as in for loops: for (int i0; i20;i) {  Ã‚  Ã‚  //i only lives in here } Constants: Names should be in uppercase. static final int DEFAULT_WIDTH static final int MAX_HEIGHT

Criminal Behavior and the Law Essay Example | Topics and Well Written Essays - 1500 words

Criminal Behavior and the Law - Essay Example Finally, the paper will discuss the differences between index-one and index-two crimes under the FBI’s Uniform Crime Reports, as well as which of the two is classified under violent crime and the one classified under property crime. To begin with, criminologist and criminalists are terms more than often used interchangeably, according to Williams and McShane (2004). However, the two terms have some distinct differences that are worth noting. Williams and McShane (2004) note that criminologists deal with the study of behaviors of an individual in relation to crime, individuals who commits the crimes being studied, as well as the correctional facilities for criminals such as jails and prisons. This falls under criminology, which covers various fields of criminal justice, with emphasis on social behavior. Criminalists, on the other hand, are professionals charged with the responsibility of analysis criminal evidence at the scenes of crime such as bullets and bloodstains (Williams and McShane, 2004). They are also charged with the responsibility of recreating crimes scenes, work at crime scenes, laboratories, and courtrooms. Criminologists engage mainly in teaching and research, where they apply the knowledge to the administration and policing, study of public policy, drug addictions, correction, juvenile delinquency, correctional administration and policy, and victimology. Other areas of study include criminal ethnography, theoretical criminology and models or criminal behaviors (Williams and McShane, 2004). Criminologists also assist in analyzing psychological, sociological, and biological evidence such as finger and footprints, body fluids, and blood plaster using their skills and knowledge to establish the link between the suspect and the crime. Criminalist, on the other hand, is a professional who employs scientific techniques to identify and separate vital evidence from the scene of a crime (Williams and McShane, 2004). The evidence gathered is analyze d and interpret, establish the truth as regards the crime. Forensic psychologists are professionals who by virtue of their training apply psychology in a criminal investigation and law (Fulero and Wrightsman, 2009). Forensic psychologists play a big role in assisting fact finders or courts in arriving at a just and precise conclusion of a criminal case. They are often involved in insurance claims, custody disputes, and lawsuits, according to Fulero and Wrightsman (2009). Legal justice system uses forensic psychologists in analyzing the mental status of the accused before, during, and after the trial proceedings. For instance, criminal cases whose verdicts may be death penalty always require that before the accused is handed the sentence, a forensic psychologist is called to analyze the defendants mental status before, during and after the crime to establish whether the defendant was insane at the time of the crime or not. The analysis of mental status of the defendant in a case is i mportant since it aids in just and accurate decision making by the jury. White-collar vs. Blue-collar crimes Crimes are committed by different classes of people. In this regard, O'Hear (2001) defines the white-collar crime as a financially motivated crime committed by respected people with high social status in society. This crime is committed by high-class individuals who have inherited or earn a lot of money at the upper level jobs such as corporate bigwigs (O'Hear,

Financial Risk Management Essay Example | Topics and Well Written Essays - 1000 words

Financial Risk Management - Essay Example This study involves a comprehensive study of the risk management policies followed by Bear Stearns and how it led to its demise. Risk Management: An Overview Risk is a term associated with any type of business entity. Without risk it would have been an easy task for managers of a company to allocate its resources in the most effective way. And with the world experiencing the global financial crisis in the year 2008, effective and efficient risk management is the key to success for any financial enterprise. The idea of risk management may differ from person to person. In case of regulators risk management is a means of control, for traders it is a means of hedging their risks and for risk managers it is a means of obtaining the highest return possible by allocating capital in the best possible way. Risk management takes into consideration the magnitude as well as the nature of risks involved. It is all about optimizing the risk-return profile of a company. Sources of risk are many and it is due to the uncertainties of future events. In today’s world banks are engaged in wide range of activities like trading of derivatives to its customers which results in exposure, finally leading to risks. Thus risk management plays a vital role in case of banks. Study and analysis of risk begins with study of Markowitz model of portfolio analysis where he defined selection of portfolios based on mean of variances in return of portfolios. Sharpe and Lintner further added to this analysis by assuming the existence of risk free assets. The rate of return of a risky asset is governed by its systematic risk and ‘beta’ is the measure of this type of risks. Next Black-Scholes model for pricing of options gives a measure of the risk of an underlying security by measuring the volatility in the form of standard deviation. Again works of Modigliani and Miller showed that value of the firm is not dependent on the capital structure of the firm. Increase of debt, leading to greater leverage in the capital structure of a firm increases the financial risk for the shareholders of the firm. This means, reengineering of capital structure of the firm would not help the firm, and the management should consider implementing strategies to increase the value of the firm economically. However, it is very difficult and possesses a challenging task for a company to implement these risk management theories practically. For any financial institutions like global banks, before taking up risk management system they must ensure that, they are up to date with their databases regarding various financial transactions within the company and are also aware about financial rates available in the outside market. Also they must have relevant statistical tools to analyze those data. Risk management policies followed by Bear Stearns Bear Stearns was once considered as one of the most efficient managers of risk but at the end it was their faulty risk management policies that l ed to their downfall. Bear Stearns most profitable division was the securitization of mortgage, which brought in almost half of the company’s revenues. Regarding mortgage securitization, the company followed a model that was vertically integrated and made profit at every step starting from originating loan, securitizing them and then selling them. These