Friday, January 24, 2020

I Hate Decisions Essay -- Personal Narrative, essay about myself

When I decide to go out to eat, I generally have picked out where I want to go and what I want to order before I leave home. Nevertheless, when I arrive at the restaurant, my mind races in circles. Should I get what I was craving on the way here, or should I get what is on special? Should I try something new and different, or should I get one of my old favorites? Should I get it Supersized? For here or to go? Do I want the soup or salad? Should I get something to drink or for dessert? What would go best with the main course? After agonizing over all of my choices, I usually just end up following my gut instinct and ordering what I had in mind on the way to the restaurant. Decisions have always tended to come difficult for me, big or small. Â   Similar to selecting a meal at a restaurant, I have an extremely difficult time choosing a major at college. Since grade school, I have dreamed of becoming a schoolteacher. I had always envied their big desk, red pens, and superior knowledge. However, as I grew older, I became increasingly aware of how expensive college ...

Thursday, January 16, 2020

Perceived Risk, Market Risk, and Accounting Determined Risk Measures

Businesses exist and are run in a constantly changing environment whether it is external or internal and the change needs to be monitored and assessed in order to provide a timely response. In order to be proactive in today’s competitive business scenario, the proper management of risks associated with business and projects undertaken becomes crucial for survival and success. Risk is therefore a threat to an organization’s ability to accomplish its missions and goals because it involves uncertainty about a future event. Risk management is an attempt to monitor & reduce the uncertainty with the help of strategies and techniques. There are four basic steps universally used in risk management: 1. Risk Identification: There are controllable and uncontrollable events associated with a business or a project. All the possibilities that may affect the outcome of a project should be listed down. This is a crucial step and requires managers to be vigilant, observant and pragmatic because further steps cannot be applied if a risk is not identified properly. 2. Risk Quantification: Risk once identified needs to be assessed both in terms of its probability and the impact it could have on the project or business. The simple way of assessing the risk will be to rate its probability and impact on a scale of let’s say 1-5 and multiply both. Risk assessment = probability x impact Let’s suppose if the probability of an uncertain event is rated 4 and its impact is rated 5 then the risk can be considered critical to the success of a business project. Similarly based on the ratings given and the product of the two values obtained, a risk can be considered critical, high, medium or low. 3. Risk Response: Now that the risk has been assessed, management must immediately act to put a strategy in place in its response. There are three basic strategies managers adopt that is avoidance, mitigation or acceptance. Management may adopt the strategy of avoiding a risk completely if its considered critical to a projects success for example a distribution channel might not work out for a product and so manger might think of adopting an alternative channel for distribution. Another strategy that management can pursue is of mitigation for example manager may make a decision to have two or more distributors for their product. Lastly, if the risk is too low or normal with a project of your stature manager may accept its presence with the project. Strategy formulation is not enough until actions necessary to implement a strategy are not identified and so decision in this regard should also be taken in this step. 4. Risk Response Control: The last step is of monitoring the risks identified and assessed as the project goes on till its completion. If any deviations are found in the process then corrective actions should be taken to redress the issues. An adaptive approach can help in this step because managers may need to bring about some or complete change in the strategy if the possible impact of a risk differs from one previously assessed. If the above-mentioned plan is followed and risk manger carries out proper analysis followed by action then success of a project and the business becomes more likely. The two major types of testing: Developmental Test and Evaluation Operational Test and Evaluation Live Fire Test and Evaluation is a third type used in certain cases Implementation of Testing and evaluation is a promising step to revolutionize strategic goals in business achievements. Implementing test and evaluation management is to develop new assumptions for the positive approach and then re-considering it and implementing it to attain new goals that were never accomplished before (Shan, 1996). This is done to improve quality, production, reduce cost, thorough assessment and improve service. This would produce impressive work output with increased production in short time, to fulfill demands of the market, enhance customer response and to decrease labor force. Implementing test and evaluation is done by increasing number of organizations and institutes to enhance their business performance. Different sectors of business community that are engaging Implementing are telecommunication services, hospitals, healthcare institutes, accounting services, financial institutes, order inventory and registration, automation of manufacturing, and food industries. Logistic support problems are culturally based. They focus on the culture and the environment of an organization. Every business should be customer focus. Entrepreneurs are selling to customers, so it is a basic fact that products should be made according to customer’s need.   Hence, for developing business relations with any country an entrepreneurs must study, research and travel to that area to know more about people, their customs, their likes and dislikes. The more the entrepreneur will be familiar with the culture and the people, it is more likely that their business will blossom in that country. All companies and organizations agree that excellent customer service is the key role in to assess trends in fluctuating market. It may also need to redesign completely the organizational structure that would reach customer, understand and identifying their needs. By using different assessment procedures customer relationship has to be improved with focus on customer requirements.            

Wednesday, January 8, 2020

Should College Athletes Be Paid - 1348 Words

When will loving a sport be enough to play? When will athletes feel like their work is being recognized? When will athletes quit demanding more: more chances, more freedom, and now, more money? When will student-athletes truly become â€Å"student-athletes†, without putting athletics before academics? Do student-athletes deserve to be paid a salary, in addition to their scholarships? How would a salary effect the way collegiate sports are being played now? Paying a college athlete a salary goes far beyond simply writing a check to the student. Paying a college athlete would consist of determining the rate of pay for all athletes and all sports, the changes it would bring to the athlete’s life, and even the overall academic commitment of these athletes. First of all, issues occurring in colleges are rarely black and white. There are so many factors to consider when attempting to make changes, especially within athletics. How could the NCAA determine how to pay student at hletes a salary? Could it be determined by which sport the athlete plays? Let’s take a look: collegiate teams make revenue off ticket sales, jersey sales, donations, alumni contributions, etc. Where does that money go? Who helped increase these sales? What happens when one sport earns more revenue than another sport? Would baseball players earn a higher salary compared to bowlers because of the popularity of the sport, and would the starting quarterback make more money than the second string swimmer because ofShow MoreRelatedShould College Athletes Be Paid?1578 Words   |  7 PagesAshay Mehta Nou Per 8 Should College Athletes Be Paid? One of the hottest debates in the sports industry is if college athletes should be paid. If you want to pay these athletes, how would the college determine the dollar amount that should be paid? Should the basketball team make more than the football team? Should the the soccer team be paid as well? Cheerleading? Chess team? Should everyone on the team get a salary? What if your college is good at football and your basketball team is awfulRead MoreShould College Athletes Be Paid?1398 Words   |  6 Pagesbelieve that college athletes at the highest performing schools are better treated than others. Although they do not get paid, they do receive some benefits for being athletes that other students would not get. One advantage for playing a sport is access to scholarships that some schools reserve for their athletes. Depending on the school and the athlete’s performance, money towards tuition is often given. Only some schools are willing to grant â€Å"full-ride† scholar ships for certain athletes. AccordingRead MoreShould College Athletes Be Paid?1289 Words   |  6 PagesThroughout the years college sports have been about the love of the game, filled with adrenaline moments. However, the following question still remains: Should college athletes get paid to play sports in college? Seemingly, this debate has been endless, yet the questions have gone unanswered. The National Collegiate Athletics Association (NCAA) plays a vital role in this debate. The NCAA is a billion dollar industry, but yet sees that the athlete should get paid for their hard work and dedicationRead MoreShould College Athletes Be Paid?1334 Words   |  6 Pagesrising to the surface is â€Å"Should college athletes be paid?†. This has become a burning question. The NCAA is a multibillion-dollar industry, that makes millions, if not billions, in revenue. Yet it’s still maintains the non-profit status meaning that the industry is not set on making a profit and none of the revenue that is made is distributed to its members, managers, or officers. While most players who play in college sports are under a scholarship, that pays for the college tuition, books, and housingRead MoreShould College Athletes Be Paid?1364 Words   |  6 PagesHave you paid attention to all of the news that has been surfacing about collegiate sports lately? It is a big topic now days in the world of sports on weather college athletes should be getting paid to play sports. College athletics have gained great popularity of the past few decades, and have brought schools lots of revenue. A lot of college athletes think they should be getting paid for their services they do for their school. College sports like basketball and football generate over six billionRead MoreShould College Athletes Be Paid?1130 Words   |  5 PagesWhat college athlete would not want to be paid to play the sport that he or she loves? The real question is, though, should college athletes be paid fo r their roles in a college’s athletics? They are many points to each side of this recent controversial topic, which is why this has been made into such a hot debate in the past couple of years. As of right now, these athletes are not getting paid, but many of them truly believe that they should. Others believe that they already are being paid throughRead MoreShould College Athletes Be Paid?986 Words   |  4 PagesPaying the College Athlete The college athlete has steadily grown in popularity in the United States over the span of the past decades. Monetarily speaking, this increased publicity has been extremely beneficial for National Athletic Association (NCAA) and all the colleges involved in athletics which has sparked the dispute of whether or not the athlete should be paid for their hard work and dedication on the field and to their school or if the athletic scholarship is more than enough. College athletesRead MoreShould College Athletes Be Paid?1239 Words   |  5 PagesLindsey Simmerman Speech 102 T/Th 1:00-2:15 October 25, 2016 Should college athletes be paid to play? Specific Purpose: To persuade the class to agree with my stance on paying college athletes to play sports Thesis: College football is the hours players spend practicing and performing, the number of injuries the players face, and the persona these athletes must portray every day all the while watching their schools, coaches, and the National Collegiate Athletic Association (NCAA) get all the compensationRead MoreCollege Athletes Should Be Paid1254 Words   |  6 PagesSome college athletic departments are as wealthy as professional sports teams. The NCAA has an average annual revenue of $10.6 billion dollars. College athletes should be paid because of the amount of revenue that they bring to their college. Each individual college should pay its athletes based on how much revenue they bring to the college in which they attend. The colleges that win their Division title, their Conference title, or the National championship, give bonuses to the Head coach of thatRead MoreCollege Athletes Should Not Be Paid1558 Words   |  7 Pagesstudent-athletes participate in a variety of different s ports, and currently they do not receive paychecks for their performances. College athletics have attained an extensive popularity increase among Americans over the past few decades. This has resulted into increased revenues for the National Collegiate Athletic Association [NCAA] and the participating colleges, which has fuelled the debate of whether or not college athletes should collect an income. College athletes should not be paid to play