Can be on anything to do with microbiology (you can chose the topic) Article - 1

Can be on anything to do with microbiology (you can picked the point) - Article Example The best microbial dangers are a direct result of ingestion of water polluted with creature or human dung. Different wellsprings of pollution are squander water releases. Kids under 5 years old are the most influenced populace with these irresistible illnesses. Regular maladies which are transmissible by water are cholera, typhoid and bacillary loose bowels. Cholera is brought about by gram negative poles Vibrio cholerae which are facultative anerobes. The living beings are sea-going microorganisms and their appropriation relies upon sodium and temperature of the water. The brooding time of the ailment is 1-3 days and the ailment is described by intense and extraordinary the runs prompting drying out. Cholera is related with high mortality if not rewarded opportune. Disease because of Vibrio cholera is reliant on grip of the cells of the microbes to the mucous film of the digestive system and creation of cholera poison. Cholera is exceptionally popular for its pandemics. The qualitie s answerable for poison creation are held in the CTX? portion (7â€9.7 kb) of the chromosome. The strains of the living being are normal in the earth, particularly is estuaries. Non-culturable however reasonable microbes are liable for roundabout nature and the abrupt appearance of fierce cholera episodes, trailed by a fast easing back down.

Case Analysis (Tuesdays with Morrie) Essay

CASE ANALYSIS: TUESDAYS WITH MORRIE I. Summary Morrie was Mitch’s most loved instructor. He was determined to have amyotrophic sidelong sclerosis, or ALS. One night, Mitch saw and perceived his old educator in a TV program. He out of nowhere recollected the guarantee he made with his educator, so he rang him to set a visit. Mitch started visiting Morrie each Tuesday and each time they meet Morrie instructed Mitch exercises about existence. The illness progressively defeat Morrie as days pass by and during their last gathering, Morrie was approaching demise. Morrie and Mitch embraced once and for all, and as they did Morrie saw that Mitch is at long last crying. Morrie kicked the bucket just and calmly with his family around one Saturday morning. II. Character Description Morrie is a previous human science teacher who is sans caring willed, and smart. He is experiencing an ailment called ALS (amyotrophic horizontal sclerosis) which keeps him from doing what he cherishes most, moving. Mitch is columnist who is carrying on with an extremely quick paced life and capitulates himself in work that it expends him. In the wake of rejoining with his old educator, he at long last found an incredible significance. III. Answers to case questions and imperatives 1) a. Morrie’s father carried him to a manufacturing plant to work and on that day he understood that he has asthma. So he pledged that he will never accomplish work that pre-owned individuals thus he turned into an instructor with the assistance of his stepmother. b. Mitch’s visit with Morrie. It showed him how to stop for some time and rediscover an incredible significance. c. Mitch after graduation who discard his fantasy as a piano player and turned into a paper columnist. 2) a. Mitch taking meetings b. Mitch as a columnist c. Mitch being a games essayist and a beau to Janine d. Mitch who has a great deal of cutoff times 3) a. The instance of Mitch Albom, he was a columnist, a beau, a citizen, a child, a business, an understudy yet above all else he was a companion to Morrie. b. Morrie as a previous human science educator. 4) In the film Tuesdays with Morrie, the essential gathering of Mitch is Morrie and his family in light of the fact that Morrie and Mitch exemplified an enduring and individual relationship. The work gathering of Mitch then again remains as his optional gathering. 5) The sort of positions of authority that is exceptionally evident in the film is instrumental initiative and the administration style that is additionally recognizable is tyrant as shown by Warner, the supervisor of Mitch who provides him requests to complete things and requests him of his cutoff times. 6) Bureaucracy was clear in the region work of Mitch. It showed attributes, for example, specialization, chain of importance of workplaces as exemplified by Mitch’s chief and Mitch being his subordinate, and generic quality exhibited likewise by Warner who didn’t have a thought of Mitch’s individual whereabouts he found about Morrie’s condition later in the story. 7) In the film, Mcdonalization is available using workstations and phones these are vehicles of gear utilized by Mitch to be effective in his work as a writer and to rapidly transmit articles to his manager particularly when fulfilling time constraints. The nearness of planes additionally epitomizes a Mcdonalization society since planes are likewise heavily influenced by PCs, pilots simply manage the procedure. IV. Ends There are a great deal of Mitch’s around us whose dread of death disappointed us into living dashing with the clock. I also resemble Mitch whose dread of death made me live as though tomorrow will never come. In any case, I understood that it’s just when we realize how beyond words time when we realize how to live. At times, I do things that I thought would satisfy and would offer significance to my reality. Also, I thought I’m glad doing that, yet I understood that I’m just living in the feelings existing apart from everything else that is after that second passes and I’m alone void begins to slither back. What's more, since I live to the limits, I regularly disregard the things that issues the most and I know since I should simply to click that respite button and to utilize each snapshot of that time accomplishing something that I will never lament that is to acknowledge and esteem everything and everybody life has given me. In the film, Morrie said that when we live we need others to endure and when we pass on we need others to endure and we should cherish each other or bite the dust. Without a doubt it’s valid, on the grounds that we all are associated with each other. Here and there, I, work for others. I have a significant impact in my professors’ lives in light of the fact that without understudies their jobs as educators will never have meaning. Since we are associated with each other, everybody is reliant to others so we should love and treat well the individuals who offer significance to our lives since they are one reason why we are as yet alive. In the wake of watching the film, I know now, what alarms me most about death, its bidding farewell to somebody whom I will never get the opportunity to make proper acquaintance again. At the point when I consider demise, I consequently connected it with nothingness that is the point at which somebody passes on they don't become anything. In any case, what I didn’t acknowledged is that soon they will come back to something bigger eternity and I can at present welcome them once more. I realize I can never order life to treat me well and be the manner in which I need it to be on the grounds that life has it’s own psyche however on the off chance that there’s one thing I know I’m sure of, that is I can treat life well and make the most out of it. Morrie saw life as an elastic band it pulls us to and fro †pull as one way we think that’s what we need to do, pull us the other way we think that’sâ what we need to do. For him, this is the pressure of the alternate extremes, we gain from what harms us as much as what cherishes us. In the film, Morrie instructed us to cherish those individuals who have harmed us. He prescribes that we attempt to get them and be benevolent regardless of whether we have built up a cruelty against them. We should figure out how to overlook all the torment that they’ve exacted in us on the grounds that regardless of whether we attempt to eradicate them in our lives, they are as yet a piece of the individual that we become. Furthermore, one significant exercise Morrie educated is figuring out how to pardon, presently. We shouldn’t hang tight for our capital punishment to precede we could at last discover it in our souls to pardon everybody and everything in light of the fact that consistently is a chance to pass on and chance to live.

Blog Archive Mission Admission Using Judgment on Details

Blog Archive Mission Admission Using Judgment on Details Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday.   “Should I use Calibri or Times New Roman font for my essays?” “Should I list my GPA to the third or fourth decimal place?” “I don’t have enough space to enter my full title, so should I write Vice President or VP Sales?” As candidates approach their first application deadline, small questions start to ariseâ€"questions that often require using judgment to answer. We can safely say that no one was ever kept out of Harvard Business School for listing his/her GPA to the third decimal point or for abbreviating a title. Remember, the admissions officers are not punitive. They are not mean-spirited people, reading your application and searching for reasons to reject you. So, if you have a small lingering question about your application, you can connect with the admissions office and ask someone there. Most often, they will ask you to  use your judgment. As long as your broad story is compelling, the smallest details should take care of themselves. Share ThisTweet Mission Admission Blog Archive Mission Admission Using Judgment on Details Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday.   “Should I use Calibri or Times New Roman font for my essays?” “Should I list my GPA to the third or fourth decimal place?” “I don’t have enough space to enter my full title, so should I write ‘Vice President’ or ‘VP Sales’?” As candidates approach the application season, small questions start to ariseâ€"questions that often require using judgment to answer. We can safely say that no one was ever kept out of Harvard Business School for listing his/her GPA to the third decimal point or for abbreviating a title. Remember, the admissions officers are not punitive. They are not mean-spirited people, reading your application and searching for reasons to reject you. So, if you have a small lingering question about your application, you can connect with the admissions office and ask someone there. Most often, they will ask you to  use your judgment. As long as your broad story is compelling, the smallest details should take care of themselves. Share ThisTweet Mission Admission Blog Archive Mission Admission Using Judgment on Details Mission Admission is a series of MBA admission tips; a new one is posted each Tuesday. Should I use Calibri or Times New Roman font for my essays? Should I list my GPA to the third or fourth decimal place? I dont have enough space to enter my full title, so should I write Vice President or VP Sales? As candidates approach their first application deadline, small questions start to ariseâ€"questions that often require a little judgment to answer. No one was ever kept out of Harvard Business School for listing his/her GPA to the third decimal point or for abbreviating a title. Remember, the admissions officers are not punitive. They are not mean-spirited people, reading your application and searching for reasons to reject you. So, if you have a small lingering question about your application, you can connect with the admissions office and ask someone there. Most often, they will ask you to use your judgment. As long as your broad story is compelling, the smallest details should take care of themselves. Share ThisTweet Mission Admission

The Civil Rights Movement During World War II - 955 Words

During World War II, America as a nation faced many challenges both at home and abroad. Some of these challenges at home included Strikes and protests in war production factories, which was due to increasing differences between the government and employers, with the workers/labor unions. Another was the Civil rights movement for African-Americans, which advocated for equal rights for all Americans, when African Americans joined the war efforts by both joining the military and working in the war factories. Eventually the government had to deal with these challenges by passing legislations and finding a way to unite the population during the war. It is seen that frequent disagreements between the workers and their employers usually results in strikes and protests. During World War II, it was no different, as there were many strikes and protests that took place during that time in war production factories. As the War started, the government needed more weapons, machineries, tanks and other military equipment’s in order to fight and win the war. In order to meet the increased demands of war, new war production factories had to be built, along with existing car manufacturing industries being transformed for war production as well. It was seen that during this time period war production changed the relationship between the Congress of Industrial organizations (CIO) and American Federation of Labor (AFL), with their employers and the national government. As organized laborShow MoreRelatedCivil Rights Movements During The World War II911 Words   |  4 PagesCivil Rights Movements After the World War II, the United States has a significant impact in social changes on minorities’ social class status and gender. Women were not given equal rights to men and segregation in school between African American and White people to raise the issues to the roof. Veterans returned from the War had been treated badly and considered a lower class in society. Civil Rights movement involved many minorities group of people in the United States fight for the equal rightsRead MoreThe Civil Rights Movement and World War II1075 Words   |  4 PagesAccording to president Franklin D. Roosevelt the future world shout be a world that people have essential human freedoms also known as the four freedoms; freedom of speech, freedom of worship, freedom from want, and freedom from fear. The reason of the United States took part in the World War II was to fight for human’s freedoms to liberate humanity in Europe and Asia, and to spread the American democracy to the entire wor ld. â€Å"A revolution which goes on steadily, quietly adjusting itself to changingRead MoreWar : A Breath Of Change1715 Words   |  7 PagesWar: A Breath of Change in Literature World War II was a time of horrors, hardships, sicknesses, and deaths for people all around the world. It was, simply put, a time that showed what terrible acts mankind was capable of. The end of World War II left families scarred, brothers dead, and countries ruined. However, just as the phoenix rises from the ashes, so did a new world. World War II gave birth to a plethora of new ideas, such as the postmodernism movement which, without World War II, wouldRead MoreWorld War II : A Watershed Event1690 Words   |  7 PagesWorld War II was considered to be a watershed event in history by many historians. A watershed event is commonly referred to as an â€Å"event or period marking a turning point in a course of action or state of affairs†. World War II was an event that changed history and the aftermath wrecked most ideas of the future before the war. After the war every party wanted to not repeat this war, so instead of peace, the world rearmed with new technologies and huma nitarian ideologies to prevent any form of theRead MoreWorld War II and Social Equality1441 Words   |  6 PagesWorld War II and Social Equality World War II was a very important event in American history, but as bad as war is or seems to be there always seems to have better outcomes in the end. By the Japanese bombing Pearl Harbor on December 7, 1941 and bringing America into the war it opened the eyes of all Americans to the problems not only domestically but internationally and the biggest problem that was discovered after the completion of World War II was the level of social equality around the worldRead MoreFighting A War At Home And Abroad1643 Words   |  7 Pages FIGHTING A WAR AT HOME AND ABROAD OSCAR AGUILAR CYPRESS COLLEGE PROFESSOR JOSE M. ZAMORA May 12, 2015 Introduction World War II was a pivotal moment in U.S history for men and women of all colors. Years of hatred and violence were now going to be over looked by racial groups in order to fight against an overseas enemy. Racial groups contributed to the war effort despite having their civil rights violated, oppressed and even removed. Segregation during this period of war was very muchRead MoreMajor Historical Turning Points in Americas Current Society1650 Words   |  7 PagesMajor Historical Turning Points in Americas Current Society Name Institution Date Major Historical Turning Points in Americas Current Society Two greatest historical turning points in the World War II through 1970s Many historical events happened in the II world war as rescored in the 1970s. One of the major happenings was the Kent State shootings that happened in May 4, 1970. Ohio National Guardsmen were on duty as they guarded students who were on a strike in Kent state college. One ofRead MoreEssay on The Civil Rights Movement1708 Words   |  7 PagesThe civil rights movement comprised efforts of grassroots activists and national leaders to obtain for African Americans the basic rights guaranteed to American citizens in the Constitution. The key players in succeeding with the civil rights movement were the soldiers returning from the war, Martin Luther King Jr, Malcolm X, The Student Nonviolent Coordinating Committee (SNCC), and the anti-Vietnam War activists. During the civil rights movement, nearly every African American had experiencedRead MoreWars And Changes During The United States Essay1181 Words   |  5 PagesWars and Changes in The United States The United States of American is a superpower in the world. Although it just have almost 240 years’ history, it experienced more than 200 wars. As a saying does, â€Å" Bad times make a good man†, the United States never lack of great leaders. For example, George Washington, Abraham Lincoln, and Franklin Roosevelt were the three well-known presidents in the U.S. history. Additionally, wars and conflicts changed the United States directly and indirectly. ForRead MoreDBQ Questions781 Words   |  4 Pagesï » ¿DBQ QUESTIONS Writing the DBQ Civil War Assess the following quote: â€Å"Ultimately, the Civil War reduced sectional antagonism and made the United States truly ‘one nation.’† ____________________________________________________________________________________________________________________________________________________________ The Constitution Using information from the evidence below as well as your knowledge of the period, discuss the development of the United States Constitution as a

LeaderShip Skills, Motivational Essay, Networking Essay - Free Essay Example

Sample details Pages: 3 Words: 923 Downloads: 9 Date added: 2018/12/26 Category Management Essay Type Definition Essay Level High school Tags: Communication Essay Leadership Essay Motivation Essay Did you like this example? Leadership skills I believe that leadership skills are important in ensuring that people are able to exploit their full potential. As a leader, I should manage to provide a clear direction for the people following me to help them achieve their academic, departmental, and personal goals. In other words, a good leader is a mentor who uses their resources to help the people around them. Don’t waste time! Our writers will create an original "LeaderShip Skills, Motivational Essay, Networking Essay" essay for you Create order I have held the position of a leader throughout my academics as I always managed to come 1st or 2nd in the ranking. I used this opportunity to help my fellow classmates who were weak in other subjects. I formed discussion groups were during the weekends we would meet and tackle the challenging units before an examination. Moreover, I have worked in the telemarketing company for over four 4 years in the position of senior sales executive. In this position, I have subordinates who depend on me to provide them with departmental goals and at times directions on how to navigate their own sales target. As a leader, I have learned that people are different and at times it is important to provide each employee with advice that will help them. In the sales team that I oversee, we carry out monthly meetings that are semi-formal. This provides the employees with an opportunity to share their challenges and eliminate any hierarchical barriers. This makes me as a leader to be approachable and helps me decide which advice to give to each of them with respect to their targets. Furthermore, I teach android to a group of 28 female students. In my capacity as a teacher, I believe that I also serve as a leader. I provide the students not only with academic, but also the social knowledge that will help them to succeed in life. Finally, I believe that I have the following skills that make me a good leader, communication, listening, relationship building, visionary, intelligent among others. Networking essay Networking deals with forming formidable relationships that will help one either in their social or business life. In my 4 years of working in the telemarketing, industry I have managed to establish a connection that has been essential in my progressive as the Senior sales executive. I engage in networking during the company functions in-house and when I am invited to industry functions. I also engaged in networking for the 6months that I worked as an intern. I worked as an intern at Mega IT solutions as an Android developer. In my position, I managed to meet professionals in the field who provided me with suitable advice with respect to computer science. The advice helped me pass all my theoretical projects in my Bachelor of Computer Science. In addition, my networking helped me to find a job as a teacher after my internship. I teach a group of 28 female students android development. I find teaching fulfilling and I love the aspect of inspiring the young ladies to become professionals in the field. Moreover, I also networked in my school environment with my fellow students and instructors. The connections that I established helped me to succeed in my academics as I will graduate with a 3.91 GPA out of 4. Moreover, I am looking forward to the silver medal in the convocation. Additionally, my horizons have been widened as a result of interactions with my instructors who have advanced their education beyond a Bachelor degree. I plan to pursue my higher level of education abroad and I am certain that my networking skills will be essential. The networking skills that I have developed compounded with other factors will help me to fit in my new environment. Motivational essay Motivation is about inspiring other people to become the best they can be in their fields. In my position as a teacher, I teach android to 28 female students. I often encourage them to work hard to succeed in the computer science field that is male-dominated as they will inspire other young females. At times I tell them social life stories of female students who excelled in the field to help them work hard despite the hurdles that they encounter in the field. In addition, motivation takes different forms in different situations. At the workplace, where I am a senior executive I motivate my employees by giving them monetary and non-monetary rewards. Monetary rewards include a salary increment or a bonus in their salaries when they supersede their set targets. On the other hand, the non-monetary rewards are recognition at the workplace and vacations to give them time to rejuvenate. This makes the employees work hard to make sure that the organization prospers. Furthermore, in my position as a leader, I also get motivated by the people around me. The people I interact with on a daily basis inspired me to exploit my full potential. This has contributed to me working hard in my academics and achieving a 3.91 GPA out of 4. I would like to continue my education abroad after I graduate with a Silver medal at the upcoming convocation. My friends, colleagues, work, and academic achievement has motivated me to make the decision to venture into new horizons. I believe that motivation is a two-way coin which results in a win-win situation. I have motivated my colleagues and students to aim higher in everything they do. They have also replicated by succeeding in everything that we have worked together. Their actions to overcome their challenges have motivated me to move from the familiar to the unfamiliar as I set my eyes on advancing my education abroad.

Going Back to the Natural Way - 1228 Words

Apostol, Camille C. March 7, 2014 Gumahad, Leanne Jessa G. BC-12 H Lee, Sujin Going Back to the Natural Way â€Å"Until man duplicates a blade of grass, nature can laugh at his so-called scientific knowledge. Remedies from chemicals will never stand in favour compared with the products of nature, the living cell of the plant, the final result of the rays of the sun, the mother of all life.†- Thomas Edison. Even a scientist himself believed that no chemicals that overshadowed the importance of nature can equal its greatness. Edison further stated that future doctors would not give medicine to is patients but rather interest his patients in the care and prevention of disease. The use of natural medicines was dated as†¦show more content†¦In the market today, herbal medicine costs significantly lower than the western medicine. It does not need to undergo long and expensive clinical testing. Some of these can also be done or made at home. Some may say that these medicines are not a hundred percent in quality. These, for some instances may be true but herbal medications are mor e affordable than mainstream medications simple because they are found in nature and are abundant with mostly all kinds of vitamins and or nutrients. Today, since more and more people are living in urban areas, medicinal plants, supplements, herbal capsules, fruits, vegetables, and spices can easily be acquired in local supermarkets, thus making herbal medicine available anywhere. Even in the rural areas, access to this kind of medication is easy since they are closer to nature. People can also grow herbs in their own land. Questions arise whether the quantity and quality of these medicines and its origin is suitable and enough to supply the growing population. Because the Food and Drug Administration tightly regulates the pharmaceutical industry, there are simply far more herbal medicine products available for consumption. Herbal medicine promotes safety. Herbal medicines tend to derive themselves from relatively harmless plant matters that the human body can easily digest. TheseSh ow MoreRelatedConsumer Report At The Grocery Shopping795 Words   |  4 Pagesperson wants to be healthy. When going grocery shopping, they reach for the foods that are labeled either ‘natural’ or ‘organic’. If you were to ask why they decided to choose the food that has those labels, they would say â€Å"It is healthy† and they would give you this answer all because of a simple, machine printed label. These labels have brainwashed people into believing that ‘natural’ and ‘organic’ is actually better for them. Going beyond the label, what does ‘natural’ actually mean? Walking intoRead MoreDescriptive Essay - My Eyes And Imagine1611 Words   |  7 Pageswaterfall trickles down some mossy rocks. The massive trees surround you, being the reason numerous different, unique bird calls are going off like alarms. You run over to the waterfall and kneel down onto the soft padded ground beneath, you start splashing the refreshing cool water on your face gulping down the small portions that slip past your lips. The water fizzes like natural springs effervescent liquid slides down your throat as you sigh. You take a deep breath in and smell the fresh, crisp air asRead MoreAdvantages And Disadvantages Of Food Production1164 Words   |  5 Pagessustainable and conventional farming. I will also be explain how we could make the negatives turn to a positives. AS food production is going to be a lot harder in the further we need to find out which one is going to be the best at producing on a mass scale but working with the environment at the same time. Advantages of conventional farming: Conventional farming is the only way of feeding our overpopulated planet. The first advantage of conventional farming is they are the opposite to organic farming thisRead MoreThe Museum Of Natural History1155 Words   |  5 Pagesare about giving the most up-to-date information to their patrons. No matter how well their organization, commercially, is wrap it up that part of them remains the same. From the two museums that I visited, the Henry Ford Museum and the Museum of Natural History, are clearly about passing information to the patron. There are differences between them, however, it is the equivalences that I want to focus on as they are what bind them. The three areas of focus are community, academic outreach, and theRead MoreThe And The World Of The Night The Floor1086 Words   |  5 Pages gives way and the earth sucks you up into it. This is what happened to a Florida man in 2013. His friend came by to check on him because he had not heard from him for a while, only to find the large hole in the bedroom and Mr. Bush was no where to be found. He has not been found to this day. A sinkhole swallowed him up alive and was never to be heard from again. Sinkholes are formed from the limestone that is in our ground throughout the U.S.A and the world. There are natural cracks inRead MoreThe Rural Town Of Burrillville Is A Hoax And A Myth Created By The Chinese Government Essay1303 Words   |  6 Pageslarge amount of land that is not being used. The fossil fuel industry want to build a natural gas power plant. The use of fossil fuels is fueling climate change. Although some believe climate change is a hoax and a myth created by the Chinese government, the facts and science back up the changing environment. An argument being made to creating this plant is it will make people s electric bills go down and it is going to create more jobs. Yes, it is true this plant would create jobs, but furthering theRead MoreEssay on History of Chemistry through the Ages794 Words   |  4 Pages The history of chemistry dates back to the time of ancient history to now. Ancient civilizations used technologies that would eventually form the basis of the various branches of chemistry by 1000 BC. For example, they were extracting chemicals from plants to make medicines. The history of chemistry is intertwined with the history of thermodynamics. Chemistry is very important to our world today. Without it, we wouldn’t be near as advanced as we are. Let’s take scientists for example. The scientistsRead MoreWhy People Should Not Embrace The Technology That Is Designer Babies975 Words   |  4 Pagestopic is to persuade people to against further research of designer babies. The general concept of designer babies is the hand-picked creation of a child, but the topic will be further discussed throughout this essay. Designer babies are an inhumane way to create a child and should not be promoted or legal in the United States. There are many videos based on the study of designer babies, as shown in the beginning of my speech. Most of these videos talk about what a designer baby is, the general processRead MoreAll Natural Weight Loss : Is It Good All The Time? Essay1745 Words   |  7 Pages4 All Natural Weight Loss: Is it Good All the Time? When you are contemplating your own weight loss plan, how important do those two little words, â€Å"All Natural† become to you? To many people, this is an instant guarantee and now they can rest assured that all of their weight loss dreams will miraculously become realities and there will not be any adverse side effects to hurt them physically or even emotionally. All Natural seems to imply to many people that everything else is okay as long as whatRead MoreEthical Judgement Methods1195 Words   |  5 Pagesknowledge our ethics may become an obstacle. Some say ethics there to protect us, some argue they are a hindrance. Our ethics come from two major ways of knowing which are emotion and reasoning. This essay will tackle the knowledge issue which is â€Å"Is our ethical judgements hindrance on our knowledge a good thing?† I will be focusing on two areas of knowing which Natural Sciences and the Arts. To some ethics can simplify life, by just following what their religion or what their culture say. For example ‘you

Decision Making Under Uncertainty and Risky †MyAssignmenthelp.com

Question: Discuss about the Decision Making Under Uncertainty and Risky. Answer: Introduction: The said report discusses about Boltt, an Indian company founded recently by a brother sister duo from the capital city of the country i.e. Delhi. The world is running behind staying fit and thereby are seen spending huge amount in the gyms, yoga and such other fitness centres. The siblings joined together to manufacture technology by the name of Boltt which makes such a technology which is wearable and have the ability of tracking ones fitness status along with the facility of AI (artificial intelligence). The technology is so different that it gives the user real time guidance on health and such other fitness choices (CNBC. 2016). Even though the technology is different and attractive, yet it needs to reach many people across the globe and not only nationally. Thereby the starters had certain objectives in mind while floating the said business. The report details those objectives which are a part of most of the start up companies, specially one like this which supplies such unique products. Every start up company first and foremost aims at surviving in the competition. As per renowned statistics, it is concluded that many companies tend to shut down within a span of a year, thereby it can rightly be said that Boltts first and foremost aim as a start up would have been to ensure its sustainability in the market. The only solution for a business to exist and survive is to achieve break even i.e. a situation of a no profit no loss. Thus the sales a business makes and the revenue it earns is able to at least suffice the expenditure it has to make. Thereby growth and profitability depends upon whether a business is being able to survive successfully in the short term. Boltt Sports Technologies being a private company has one of the major objectives as maximisation of profits like all such other companies. Further to this the biggest competition it has is with the gyms and yoga centres. Thereby it needs to hit that part of the crowd who are a diehard fitness fan. The kind of technology it uses definitely calls for a lot of investment and thereby the cost of the product would also be high, Hence it is clear that the company mainly caters to a very niche segment and hence may not be able to reach all the houses. The owners main aim would be to make maximum profit out of the same since it is first of its kind and before any other company starts to supply such a kind of a product at a cheaper rate, they should do differential pricing and earn the maximum out of it. Before the product becomes common and available and supplied by many vendors, the actual founder has the opportunity to make maximum profits out of it, thereby reducing the prices as per the demand in the market. Further they would need money to re-invest and produce better products day in and day out, therefore one of the most crucial objective is maximisation of profits for the re-investment purpose as well. Only profit maximisation is not the sole aim for any company. Profit can be maximised by selling a combination of products wherein some would yield higher percentage of profit as compared to some other which would yield a lower profit. Quantification of the sales is also important for any start up company as they cannot afford to stock up their products for long. Thereby in order to achieve greater profits, a company will have to ensure to achieve higher sales on a year on year basis. Hence if the sales are maximised then it would help to keep the competitors also away. Making profit maximisation as the sole aim or objective of the business may not help a new business venture survive for long. There another major objective as is discussed above is to gain maximum share in the market. Turnover is a major survival strategy and to grab a major share in the market is a must else the start up companies would attain stagnancy once the old players come into the competition even if the product supplied by Boltt is unique. It may happen that initially in order to gain a huge share in the market and increase the sales, the company may have to compromise with regards its goal of profit maximisation, however the same would be only for a short duration. Revenue maximisation as a goal would help Boltt gain a huge customer base and build up loyalty, enable to keep away competition, achieve economies of scale by keeping the price low but ensuring the sales is high quantity wise and if they look towards pursuing revenue maximisation, then it would automatically lead to greater profits in the near future (Pettinger 2012). Thus on a concluding note, it is understood that every company has various objectives which it fulfils in order to achieve maximum profit and increase its sales to the highest numbers. These objectives undergo changes as and when a company grows but however, when it comes for a start up company the goals and objectives are no different. Most of them are established with the main objectives of maximising profit, sales and revenue and to ensure to develop such strategies so as to survive. Boltt is also adopting the same methodologies for increasing its share in the market, thereby maximising profits. Financial modelling is an important part of the financial theory. These models helps various economists and theorists reasonably and rationally segregate and sort out complex manacles of cause and effect and manipulate among the several intermingling essentials in an economy. Thereby it can be said that economic models are nothing else but a cut down portrayal of truth, intended to yield theory about the financial performance that can be experienced. The past years have made the economists formulate various models of the economy, however there are a range of deviations also associated with it, however two of the most basic ones are Classical and Keynesian model. He former one as the name connotes is an age old theory and the latter one is the latest one named after the renowned economist, John Maynard Keynes. The second model came into existence after the great depression of 2008. The Classical Model, was there into existence and most renowned pre great depression period. As per the said model, the economy is a free flowing one and the price, cost and wages of people are freely adjustable with regards the ups and downs of the demand over a period of time. Thus it can be said that the theory spells out the fact that when the economy is at a boom, the prices and wages shoot up also and when the economy is not performing well, then the wages and prices fall down freely adjusting themselves to the downfall. The said model assumes that in an economy there lies no unemployment thereby all the resources are being used at its full power. The economists mainly conclude that if the competition is given a free hand to work, then the economy will robotically incline in the direction of full employment (study.com. 2016). As per this model, which came into being after the Great Depression, the renowned economist John Maynard Keynes concluded that the economy does not always provide employment to all those who are eligible to work. Thus the economy can never be at equilibrium and it can be less or above its full capacity. At the time of the Great Depression, many people lost their jobs, business houses had to shut down and the economy was working at a capacity which was much below its actual potential. Then the economist Keynes noticed that the economy was not correcting itself by self and the government and other monetary bodies should join hands to lift up the economy. Thus as epr this model it is clear that the economy can be strong as well as weak at times. One of the most sought after real life example of the said model is that it had inspired the former President of USA, Barack Obama for saving the falling economy of the country by ding a lot of government expenditure (Davidson Blumberg, 2009). Although his ideas were criticised by many, but he was the one behind contemplating the fact that for any economy to grow, the support of the government is a must. The talent of the management comes to light at the time of depression or when the business is not doing well and how they make strategic decisions under such unwarranted scenarios and ensure maximum utilisation of resources. In the particular scenario, Nakheel had been able to reap in considerable profits even if the real estate market conditions were not at a boom simply because the management had taken adequate decisions under such bad scenarios as well which led to the maximisation of the available resources. Decision making is an integral part of every step a person takes, be it personal or professional. Thereby how and in what conditions decisions are behind made is very important to understand. When the economy is turbulent, then the business houses lack availability of various data which would help them take decisions in an informed manner, thereby concluding that the scenario is risky and uncertain as well. When asked how they could manage the same, the managers replied that they used certain decision analysis tools which helped them to deal with the risks and the uncertainties. When a decision maker does not possess exact data or there lies a risk in the data revealed, this is the condition when he has incomplete data about the available resources but at the same time has a decent idea of the likelihood of results for every substitute. Thus under such a condition, the managers must calculate various probabilities attached with every substitute available basis the data and the experience of the manager (Taghavifard et.al. 2009). However, the complexity of the economic environment has increased to such an extent that many of the decisions are taken in a state of uncertainty. The decision maker is not well versed of the data, the attached risks and the outcome of various substitutes. During such a scenario, various decision making tools help the managers to take decisions under risk and u ncertainty. The management in the particular scenario would have done various analysis before arriving at a particular decision. The size and nature of the risk associated with a decision should be analysed in detail. It takes into account both quantitative as well as qualitative risk measurement, supervision and communication and there extend to the managers with a tool which helps in better accepting of the threat and the reimbursement associated with the proposed course of action. The resolution is a clear representation of trade-off between the risk and the payback connected with a specific way of achievement under circumstances of ambiguity. Another very successful method is that by making a decision tree. It calls for drawing the various solutions graphically and the expected results and risks attached to it. This methodology of making decisions during times of risk and uncertainty helps the management take the most apt decision thereby enabling them to maximise profits during law seasons as well (Rawat, 2017). Thereby it can be rightly said that the decision analysis tools are of great help during the time of risk and uncertainty as it was to Nakheel who even when the real estate business was at its low, earned huge profits. In the said approach of making decisions, the various substitutes to a particular situation are plotted in detail and the analysis of the same would help arriving at a decision which is best for both the up-front as well as the downstream decisions. References: CNBC. (2016). Boltt Sports Technologies, India. Retrieved from https://www.cnbc.com/2016/11/17/10-of-the-worlds-hottest-start-ups-in-2016.html#slide=10 Pettinger,T. (2012). Profit V Revenue Objectives for firms. Retrieved from https://www.economicshelp.org/blog/5318/economics/profit-v-revenue-objectives-for-firms/ Davidson,A. Blumberg,A. (2009). Obama Gives Keynes His First Real-World Test. Retrieved from https://www.npr.org/templates/story/story.php?storyId=100018973 Study.com. (2016). The Keynesian Model and the Classical Model of the Economy. Retrieved from https://study.com/academy/lesson/the-keynesian-model-and-the-classical-model-of-the-economy.html Rawat,S. (2017). Decision-Making under Certainty, Risk and Uncertainty. Retrieved from https://www.businessmanagementideas.com/decision-making/decision-making-under-certainty-risk-and-uncertainty/3371 Taghavifard, M.T., Damghani,K.K., Moghaddam,R.T. (2009). Decision making Under Uncertainty and Risky Situations. Retrieved from https://www.soa.org/library/monographs/other-monographs/2009/april/mono-2009-m-as09-1-damghani.pdf