...economy’s ability to produce goods and services Gross Domestic Product- represents the value of a country’s national income in one year. An increase in real GDP means that the standard of living within a country is increasing. It is therefore used as a way of measuring a country’s economic growth. The Business Cycle- there are discernable patterns in these levels over time, there will be periods of time when economic activity is rising and other times when the level of economic activity slows down. The Business Cycle The Four Stages of the Business Cycle are: Boom: A period of very fast economic growth, with rising incomes and profits. Inflation will rise and there will be shortages of key skilled worker, leading to high wage increases. High inflation will make the country less competitive, and business confidence will eventually fall due to rising cost. Interest rates are increased to slow down growth. Recession/Downturn: Demand stats to fall as interest rate rise. Real GDP stats to slow and will eventually fall. Incomes and demand fall, as do profits. Some firms will be forced out of business. Possible Strategies during a recession: • Close down arts of the business and make redundancies • Develop new products that appeal to customers as income fall • Lower price to maintain sales • Look to expand, as prices will be much lower than during a boom • Target growth markets overseas Slump/Trough: Real GDP falls substantially, which leads to higher unemployment...
Words: 1301 - Pages: 6
...the objectives of increasing the production and decreasing the cost. This study is using systematic observation, interview with discussion and stopwatch time study. Statistically Fit and Production Modeler software is used to test the data and make improvements. By stating the time standard for the process involving manpower, production rate increase and the cost will be less. Other than that, proposal for improvement could be made in order to enhance the effort to achieve the main objective of any business organization in the world. Keywords: Time and Motion Study, Ergonomics,Productivity, Manpower Factor, Time Standard Total cycle time is means of the combine effect of cycle time in all business processes from the time needed until reach satisfaction. In short, the total cycle time is defined comprehensively. It include all business process cycle time, and it focus on a single process. This study is execute in a rice based company in Sabah which is it is one of the rice processing factory. This factory involved variety main process that involved motion that influence operation time. Time and motion study impact the whole production rate of the company. Time and motion study is a method in order to...
Words: 4457 - Pages: 18
...to update and integrate a new Human Resource (HR) system. This would be an update and integration to all plant locations where Riordan Manufacturing would get a new stat of the art and up to date HR information system. With this being said the IT department needs to understand your business requirements for the development and support of this new system request. The IT team would create detailed design project implementation plans for the project. Our IT department believes that if we were to start soon we could have the new system up and running in the next six months, which will give the company some time to see how it will do in the last quarter with the new system. Our company feels that the key stakeholders for this new system will of course be Hugh McCauley your COO, the director of the HR department, and the HR personnel. Our team is going to take all information from the key stakeholders and develop new HR tools and processes according to the requirements and information gathered. The beginning of this process is going to go a lot like an interview, where the IT department will gather relative information from those using the application that is already in use. Developers will also have a similar process throughout this time where they are gathering information for the SDLC (Software Development Life-cycle). The developers will let the HR department know what is reasonable and plausible throughout the SDLC so we can make the appropriate changes. Like previously stated...
Words: 756 - Pages: 4
...2010-2020 Labour Market Outlook BRITISH COLUMBIA 2010 - 2020 Labour Market Outlook Contents Preface Highlights Introduction Economic and Labour Market Outlook Occupation Outlook Conclusions Appendix 1 Appendix 2 Appendix 3 02 03 05 05 07 09 10 12 13 British Columbia Labour Market Outlook: 2010-2020 [1] Labour Market OutlookL { } B.C. Labour Market Outlook, 2010 - 2020 Preface The Ministry of Jobs, Tourism and Innovation is pleased to present the second edition of the B.C. Labour Market Outlook in partnership with BC Stats and the Ministry of Finance. This edition provides labour market demand and supply forecasts for B.C. and its regions from 2010 to 2020, based on output from the B.C. Labour Market Scenario Model. Over one million job openings are expected in B.C. from 2010 to 2020 The B.C. Labour Market Scenario Model is a tool that helps us understand the likely future of regional and provincial labour markets. Developed by the Province in 2009, the information the Model provides helps citizens, employers and government to accurately forecast future demand and supply for a range of occupations. The Outlook seeks to identify significant trends for the labour market of the future that can inform decisionmaking, based on statistical data, assumptions, and consultation with industry and other stakeholders. However, within particular occupations and regions there may be unique conditions that are not captured in this analysis. Assumptions and conditions...
Words: 7933 - Pages: 32
...Entrepreneur: Description The entrepreneur always had new ideas, because she admires variety and she looks for beauty and harmony in life. She didn't know anyone who started their own business while growing up; however, her current role model is Richard Branson. She prefers working with individuals whom she likes and trusts. Having a good relationship with her friends and partners are important for the well-being of her business. Educational Background The entrepreneur holds a Bachelor of Science with a major in International Economic Relations from Bulgaria, which she reevaluated to the educational system in Quebec. Also, she is a Certified Trade Professional in Canada, USA, and Europe. Experience The entrepreneur has experience in sales and marketing, and used to own a company before immigrating to Canada. She possesses the professional contacts, such as lawyers, accountants and business advisers, and the local financing experience through her last business in Canada. Evolution of the Business Idea The business idea originated after the entrepreneur worked for several companies in Canada, but none of those jobs were of real interest and meaningful to the entrepreneur. She saw no future on the jobs she held, so she decided to do something that was different and stimulating, something that used more of her creativity and imagination. This is how the idea of offering eco soil, flowers, and the combination of both was born because she believed that beauty and flowers...
Words: 1294 - Pages: 6
...student feedback and leadership a report on the 2006 leadership for excellence in learning and teaching project (le67) developing Multi-level leadership in the use of student feedback to enhance student learning and teaching practice http://emedia.rmit.edu.au/altclgp/ 2009 Project Leader Professor James Barber – Deputy Vice-Chancellor (Academic) Project Manager Associate Professor Sandra Jones – Director Learning & Teaching Unit Project Officer Brenda Novak ISBN 978-1-921426-36-0 Student Feedback and Leadership A Report on the 2006 Leadership for Excellence in Learning and Teaching Project (LE67): Developing Multi-Level Leadership in the Use of Student Feedback to Enhance Student Learning and Teaching Practice 2009 Project Leader Professor James Barber - Deputy Vice-Chancellor (Academic) Project Manager Associate Professor Sandra Jones – Director Learning & Teaching Unit Project Officer Brenda Novak Report written by: Associate Professor Sandra Jones and Brenda Novak. Case studies written by: Dr Mali Abdollahian, Ian McBean, Geoff Outhred, Dr Kate Westberg. Photographs - Copyright © 2009 RMIT University Photographers Margund Sallowsky and Kate Ebbot unless otherwise stated. ISBN 978-1-921426-36-0 Support for this project has been provided by the Australian Learning and Teaching Council, an initiative of the Australian Government Department of Education, Employment and Workplace Relations. The views expressed in this report do not necessarily reflect...
Words: 49217 - Pages: 197
...Professional Presence and Influence: A. Professional Presence 1. Era I – “Mechanical Medicine” began in the 1860’s. Its focus is on surgical procedures and drugs. The thought was that health and illness are only physical in nature and consciousness is equated to functioning of the brain. Era I thinking in displayed in review of psychiatric care in the early 1900 with the use of frontal lobotomies to cure hysteria. The thought was that performing a surgical procedure on the brain will remove the area that is causing the Hysteria. Era I focuses on performing a procedure or providing a medication to fix the body physically, while Era III takes into account the patients perception of health, their stats of mind and their support structures around them. It focuses on the realization that your mental state of mind can affect the physical state of your body. In addition, Era III considers the influence of other humans through the use of prayer and the influence that can have on the body even without the patient being aware that they were being prayed for. Era III is referred to as the “Boundless Mind Era”. It takes the belief from Era II that diseases are influenced by a person’s feelings and emotions and goes a bit further to say that disease can be influenced by the mind of another person at a distance through the use of prayer. (Dossey, “A Conversation about the Future of Medicine”: Larry Dossey’s 3 Era’s in Healthcare). Research has been done on the influence of...
Words: 3325 - Pages: 14
...produce forecasts by extrapolating the historical values of the variables of interest by, e.g., moving averages. Seasonal Model Seasonality is a pattern that repeats for each period. For example annual seasonal pattern has a cycle that is 12 periods long, if the periods are months, or 4 periods long if the periods are quarters. The seasonal index is required to be found for each month, or other periods, such as quarter, week depending on the data availability (Hossein, 1994-2006). Seasonal Index: Seasonal index represents the extent of seasonal influence for a particular segment of the year. The calculation involves a comparison of the expected values of that period to the grand mean. A seasonal index is how much the average for that particular period tends to be above (or below) the grand average. Therefore, to get an accurate estimate for the seasonal index, compute the average of the first period of the cycle, and the second period and divide each by the overall average (Hossein, 1994-2006). The formula for computing seasonal factors is: Si = Di/D, Where: Si = the seasonal index for ith period, Di = the average values of ith period, D = grand average, i = the ith seasonal period of the cycle. A seasonal index of one for a particular month indicates that the expected...
Words: 2440 - Pages: 10
...Clark Atlanta University College of Arts & Sciences Department of Public Administration Sabine Kelly Augustin Concept Paper Master of Public Administration Program Advisor: Dr. Rhonda L. Franklin Fall 2014 CONCEPT PAPER GUIDELINES ------------------------------------------------- Please use the following format to develop your concept paper (must be typed.) ------------------------------------------------- SECTION I: CONCEPTUAL FRAMEWORK 1. Tentative Project Title: (No more than 15 words) 2. Name of Organization: (Name of Agency and/or Department/Unit) United States Department of Veterans Affairs Atlanta Medical Center Quality Management 3. Internship Position: Brief and concise description of the internship and the student’s role as an intern. The Atlanta Quality Management Office supports the mission of the medical center by monitoring processes, identifying the deficiencies, educating staff, analyzing data and facilitating improvements so that can assist the medical center staff in providing a high quality of health and wellness service to veterans. (Office of Quality Management, Atlanta VA Medical Center Intranet, 2012) Quality Management (QM) Office intern was responsible for tracking performance measures and standards based on Federal Department of Veterans Affairs Standards. Medical Center Memorandums (MCMs) are the central policies the hospital operates by, the QM intern was responsible for oversight of MCMs. Each MCM...
Words: 1600 - Pages: 7
...Work Placement Report Jose Ricardo De Sa B00532510 Computer Games Development British Telecommunications plc. June 2013 School of Computing & Intelligent Systems University of Ulster, Magee campus, Northland Road Londonderry BT48 7JL Table of Contents 1 Organisation and structure of BT 3 1.1 History and development of BT 3 1.2 Organisation chart 3 1.2.1 BT Technology, Service & Operations 3 1.2.2 Architecture and Global IT Platforms 4 1.2.3 Global Network Services 4 1.2.4 Global Infrastructure Services 5 1.2.5 Strategy, Service & Operations 5 1.2.6 Group Customer Experience 6 1.2.7 Research & Innovation 6 1.2.8 Finance & Commercial Management 7 1.2.9 HR & Comms 7 1.2.10 CIO BT Group 8 1.2.11 CIO BT Global Services 8 1.2.12 CIO Openreach 9 1.2.13 CIO BT Wholesale 9 1.2.14 CIO BT Retail 10 1.3 Function of BT’s Technology, Service & Operations 10 1.4 company management and department structure 10 2 MY role in BT 12 2.1 Job description 12 2.2 Technical skills needed (or acquired) 12 2.3 Diary outlining technical and other duties carried out 13 2.4 social aspects of placement 15 3 Learning undertaken and soft skills developed 16 3.1 Learning opportunities that the year provided 16 3.2 Expertise gained and skills developed during year 16 3.3 Personal development 17 4 Reflection 18 Organisation and structure of BT History and development of BT BT...
Words: 5001 - Pages: 21
...the answer to the impossible Jason C. O’Brien Quincy University OUTLINE TITLE Introduction Introduce Theo Attention-Getter A. Why he was as successful as a General Manager and why he will complete the most difficult task sports may have ever seen. Description Age & Background A. http://www.foundationtobenamedlater.org/founders.html B. http://www.imdb.com/name/nm1795393/ Education C. http://www.boston.com/news/globe/living/articles/2003/11/06/monet_goes_to_vegas_kerry_goes_out_on_the_town/ D. http://www.foundationtobenamedlater.org/founders.html Professional Background 1. Work with Orioles, Padres, Red Sox A. http://web.ebscohost.com/ehost/detail?vid=3&sid=68bfa412-56d2-4b1e-b615-7dc3839f07e0%40sessionmgr115&hid=124&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=aph&AN=11420045 B. http://www.foundationtobenamedlater.org/founders.html C. http://web.ebscohost.com/ehost/detail?vid=3&sid=4cc5a7a5-d23e-4ec5-be12-5d328206db5d%40sessionmgr111&hid=123&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=aph&AN=8703167 Current situation E. http://mlb.mlb.com/news/article.jsp?ymd=20110912&content_id=24581220 F. http://espn.go.com/chicago/mlb/story/_/id/7147573/chicago-cubs-introduce-theo-epstein-president-baseball-operations * * BODY Explanation of Success A. Focus 1. Type of GM a. http://usatoday30.usatoday.com/sports/baseball/2007-11-28-sw-gms_N.htm ...
Words: 5802 - Pages: 24
...Transforming Lives Communities The Nation …One Student at a Time Disclaimer Academic programmes, requirements, courses, tuition, and fee schedules listed in this catalogue are subject to change at any time at the discretion of the Management and Board of Trustees of the College of Science, Technology and Applied Arts of Trinidad and Tobago (COSTAATT). The COSTAATT Catalogue is the authoritative source for information on the College’s policies, programmes and services. Programme information in this catalogue is effective from September 2010. Students who commenced studies at the College prior to this date, are to be guided by programme requirements as stipulated by the relevant department. Updates on the schedule of classes and changes in academic policies, degree requirements, fees, new course offerings, and other information will be issued by the Office of the Registrar. Students are advised to consult with their departmental academic advisors at least once per semester, regarding their course of study. The policies, rules and regulations of the College are informed by the laws of the Republic of Trinidad and Tobago. iii Table of Contents PG 9 PG 9 PG 10 PG 11 PG 11 PG 12 PG 12 PG 13 PG 14 PG 14 PG 14 PG 14 PG 15 PG 17 PG 18 PG 20 PG 20 PG 20 PG 21 PG 22 PG 22 PG 22 PG 23 PG 23 PG 23 PG 23 PG 24 PG 24 PG 24 PG 24 PG 25 PG 25 PG 25 PG 26 PG 26 PG 26 PG 26 PG 26 PG 26 PG 27 PG 27 PG 27 PG 27 PG 27 PG 27 PG 28 PG 28 PG 28 PG 28 PG 28 PG 33 PG 37 Vision Mission President’s...
Words: 108220 - Pages: 433
...located in the faculty sections of this document are relevant to students beginning their studies in 2014-2015, students commencing their UOIT studies during a different academic year should consult their faculty to ensure they are following the correct program map. i Message from President Tim McTiernan I am delighted to welcome you to the University of Ontario Institute of Technology (UOIT), one of Canada’s most modern and dynamic university communities. We are a university that lives by three words: challenge, innovate and connect. You have chosen a university known for how it helps students meet the challenges of the future. We have created a leading-edge, technology-enriched learning environment. We have invested in state-of-the-art research and teaching facilities. We have developed industry-ready programs that align with the university’s visionary research portfolio. UOIT is known for its innovative approaches to learning. In many cases, our undergraduate and graduate students are working alongside their professors on research projects and gaining valuable hands-on learning, which we believe is integral in preparing you to lead and succeed. I encourage you to take advantage of these opportunities to become the best you can be. We also invite our students to connect to the campus and the neighbouring communities. UOIT students enjoy a stimulating campus life experience that includes a wide variety of clubs, cultural and community events. We are proud of our outstanding...
Words: 195394 - Pages: 782
...Carnatic Music: A dying art form Structured Languages Assignment Report Ryan Rodricks ( WE School MIM IV – Roll no 67) Carnatic Music: A dying art form | 1 Table of Contents 1. Executive summary ............................................................................................ 2 2. Secondary study ................................................................................................. 4 Origin ................................................................................................................. 4 Nature ................................................................................................................. 6 Sources ............................................................................................................... 6 3. Design of survey ................................................................................................ 7 3.1 Goal of the survey ......................................................................................... 7 3.2 Sample (Demographics) ................................................................................ 7 3.3 Questions ...................................................................................................... 7 3.4 Survey collection details ............................................................................... 8 4. Questionnaire ..................................................................................................... 9 5. Data collection...
Words: 4664 - Pages: 19
...Introduction: Law enforcement has been a major part of any country since time immemorial. This is achieved mainly through the police force, which is a constituted body of persons empowered by the state to protect the property and maintain law and order. They have the authority to use the power within a defined territory. Law enforcement is only a part of their job description and with the changing times and changing nature of crimes, their responsibilities and area of duty is changing day by day. In times of technological advancements, the nature of crimes has been changing rapidly. In order to fight crime and to maintain order, the police forces around the world have always been adapting new innovations in their arsenal. The formation of a recording mechanism and format for various crimes committed in a region was the beginning of a new era in the field or crime prevention. The data records helped to identify the repeat criminals and the nature of crime that they commit. This also helped in providing a better judgment to the convicts. With the dawn of Information Technology, these records were transferred to the systems and this made it possible for the forces around the country to share the data and access it anytime and from any location. This further strengthened the power of the forces against the intelligent criminals. At this stage the Research and Development firms in USA law enforcement agency FBI, started experimenting with the data and the predicting algorithms used...
Words: 3979 - Pages: 16