...PROJ 595 | Table of Contents Introduction 2 Scope 2 Risk Identification 3 Negative Risk Analysis 4 Positive Risk Analysis 10 Decision and Fault Tree Introduction 17 Decision Tree 18 Decision Tree Discussion 18 Fault Tree 19 Fault Tree Discussion 20 Conclusion 20 Works Cited 22 Introduction I will be conducting a risk management plan for the construction of a large scale Ashley furniture store. This plan will identify both positive and negative risks, and will include their probability, impact, risk ranking number and color code and proactive ad reactive response plans. The process of how these risks were identified will be discussed as well as how they were ranked. With any large scale commercial project comes many risks. There can also be multiple strategies to mitigate or avoid certain risks for example and these plans will also be discussed in individual detail. Scope The project will consist of the construction of a 100k sq. ft. facility to house a new Ashley Furniture Store. The facility will be laid out into the following departments; master bedrooms, kids bedrooms, dining rooms, living rooms, entertainment rooms, kitchens, bedding, and foyer with a designated amount of space for each. Each section will have up to five ceiling lights and five receptacles. Two male, two female and two handicap restrooms will be located in the rear western corner, the front door will face south, and the storage area will be adjacent to...
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...Effective Teens” (by Sean Covey) Habit 1 – Take responsibility for your life (Be Proactive) Defective Habit: Be Reactive Blame all of your problems on your parents, your stupid teachers, your lousy neighborhood, your boy-or girlfriend, the government, or something or somebody else. Be a victim. Take no responsibility for your life. Act like an animal. If someone yells at you, yell back. If you feel like doing something you know is wrong, just do it. ( in the book the Covey talks about humans having self-awareness, a conscience, an imagination whereas animals do not – there is a nice example comparing a dog’s thoughts to a human’s thoughts) Effective Habit: Be Proactive I am the force. I am the captain of my life. I can choose my attitude. I am responsible for my own happiness or unhappiness. I am in the driver’s seat of my destiny, not just a passenger. Scene One: You overhear your best friend bad-mouthing you in front of a group. She doesn’t know you overheard the conversation. Just five minutes ago, this same friend was sweet-talking you to your face. Reactive Choices 1. Tell her off and then smack her. 2. Go into a deep depression because you feel so bad about what she said. 3. Decide that she is a two-faced liar and give her the silent treatment for 2 months. 4. Spread vicious rumors about her. After all, she did it to you. Proactive Choices 1. Confront her and calmly share how you feel. 2. Forgive ( let go and...
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...Engineering & the Built Environment Bachelor in Civil Engineering SUBJECT CODE: BUS 4053 Business Ethics Date of Submission: 11-07-2013 Lecturer’s Name: Miss Hazlina Table of contents Title Page Number Definition of CSR------------------------------------------------------------------------------------- 3 The 4 strategies---------------------------------------------------------------------------------------- 4 The Toyota Example as Proactive Corporate Social Responsibility --------------------------- 6 References --------------------------------------------------------------------------------------------------- ----------- 8 Definition of Corporate Social Responsibility Corporate social responsibility (CSR) is known under various terms used in the industry such as corporate responsibility, corporate citizenship, responsible business, sustainable responsible business or corporate social performance. In spite of some variations in some cases, they basically share the same philosophy and aim towards the same goal. The primary function of Corporate social responsibility is to act as a corporate self-regulating mechanism which in integrated entirely...
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...rapidly becoming one of the principles on which modern business is built (Hancock, 2004). Areas can be identified were improvements should be made, and use it for strategies in future business plans. CSR refers to the economic, legal, ethical and discretionary responsibilities (Carroll & Buchholtz, 2000; Swanson, 1995). The organisations are furthermore faced up to social demands for which they are likely to show responsibility for. Following the organisation can respond in different ways. The different types of responding to the social demand are obstructive, defensive, accommodative or proactive (Carroll & Gatewood, 1981). Within this essay it will be examined how these CSR principles were / are utilized in the service business McDonald’s. For evaluating the social performance of McDonald’s there will be a closer look at the ethical & discretionary responsibilities and the responses proactive & accommodative. Finally it will be examined how to improve the social responsibility of McDonald’s by using the tools code of ethics and ethical structures. McDonald’s opened its first Bar-B-Que restaurant in 1940 by the two brothers Richard and Maurice McDonald in San Bernadino, California. It has grown quickly and opened the 100th restaurant in 1959. Later in 1967 it opened the first international restaurants in Canada and Puerto Rico and is today selling its products in 118 countries around the globe....
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...Summary The following paragraphs present an interesting scenario of a most peculiar mishap regarding one of the turbines used by an environmentally safe electric company named Greenergy. The concepts in this summary give insight into proactive planning, feedback mechanisms, examples of ineffectual deployments, when to use proactive crisis management, and reactive crisis management as is associated with PR. Most importantly, by the end of this report a clear understanding of how to manage a crisis will have been acquired. Proactive Planning Proactive planning is a concept designated to the sole purpose of being prepared prior to an action or occurrence. The ability to cope with and endure an event is always in the company’s best interest as well as all publics involved. Proactive planning is merely the thoughts and actions taken in order to forecast and deal with crisis situations in a positive manner by way of a variety of tools available to Public Relations (University of Phoenix, 2010). Feedback Mechanism The situation Greenergy found itself in affects many publics at every level. An ideal feedback mechanism should be general and simplistic in structure, yet specific enough to extract logical information to effectively determine the response to a crisis. A good understanding of the publics’ thoughts and emotions is necessary. Hence, facilitating opinion surveys on the internet, intranet, and extranet may be the most effective way to utilize the primary feedback mechanism...
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...Reactive and Proactive Response Vicki Willan CJS 210: Fundamentals of Policing September 23, 2014 MICHAEL CATANZARITAf0, Facilitator University of Phoenix The most common form of law enforcement is the reactive enforcement. Reactive policing is waiting for a crime to occur and then responding appropriately. For example, when an officer sees a vehicle that is being driven erratically, he or she will stop the vehicle and if the officer feels the person was driving under the influence, he would have the driver perform some sobriety tests and if found to be under the influence, the officer would arrest the driver. Triple Jeopardy program enforces the idea that impaired driving, speeding and not wearing a seat belt are common denominators in accidents involving serious injury and even death. People who have been pulled over by an officer are automatically checked for all three violations. ("Reactive And Proactive Enforcement", n.d.). The goal of proactive law enforcement is to prevent or suppress juvenile drinking and driving before it takes place. Many juveniles are able to walk and purchase alcohol themselves. Another thing that juveniles do is to find an adult who will purchase the alcohol for them. ("Reactive And Proactive Enforcement", n.d.). If police agencies were to adopt only one of these styles, it would through the balance of enforcing the law out of whack. The police would only be focusing on one issue, which will lead to them not being able...
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...to be noted that such forces also have internal policing units too, such as the military police-which polices both the military and civilians. Law enforcement is not the only exclusive policing activity. The police are also involved in many other community service activities under various circumstances, but the most common ones are related to law and order preservation (Paynich, Russell & Cosner, 2005). The police force has evolved through time and most of its early policing techniques (traditional policing) have been found to be unreliable, and as a result contemporary policing methods (proactive policing techniques) have taken over the policing process. Traditionally, officers from the police have tried to reduce and prevent crime through making visible patrols, responding to crimes when they occur, making arrests as well as subsequent criminal investigations. These rapid responses, patrols, investigations and arrests have constituted the traditional methods of policing used for a long time. This form of policing is by nature reactive, and waits to be triggered with the occurrence of crime. Prevention of crime in this form of policing relies on the mere presence of law enforcement agents whose presence deters crime. This form of policing has had...
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...their privacy. Part 1: Environmental Responsibilities The public opinion of MKD could be greatly tarnished as a result of this instance. Much like the case of the BP oil spill that happened more than four years ago in the Gulf of Mexico. As a result, much of the public saw BP as being irresponsible and not very careful. (Swanson, 2013) Part 1: Obstructionist Stance If MKD adopts an obstructionist stance in this situation, their response to the media would be one that would likely deny or even try to cover up any wrongdoing. They may even try to place the blame on someone else as in the case of the Enterprise car rental company in 2004. Enterprise refused to be held accountable for the deaths of two girls that were involved in a deadly accident while driving one of their rental cars that was knowingly faulty and defective. Enterprise went as far as even placing the blame on the two innocent girls who were not even aware of the defect. (Emison, 2012) Part 1: Defensive Stance If MKD adopts a defensive stance in this situation, their response would be to accept responsibility in the situation and take corrective actions, but nothing more. There are many companies that take a defensive stance to social responsibility such as tobacco companies who may place warnings on the cigarette packs, but were it not for the law, these...
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...risk is the minimum insurance premium plus the excess premium plus uninsured costs or losses" (Wood, 2003). In a proactive safety management program, one uses risk principles to identify, assess, and rank safety and health hazards, create a risk assessment matrix, and implement risk control actions. When people are proactive in minimizing risk, the cost of risk decreases. For example, cautious, proactive drivers who are constantly on the lookout for other cars are deemed less risky by insurance companies. Therefore, they have a lower premium then someone who has a history of not looking out and causing accidents (Sehn, 09). A reactive safety program relies on changes after an incident has happened. This does not directly impact the initial cost of risk, but reactive changes from previous incidents can minimize the increase to the cost of risk. For example, a child in a sports stadium falls from the upper deck because of the lack of proper railings. The child has already been hurt so the incident has already happened. The insurance company for the stadium tells them they must fix all the railings or their premium will increase tenfold. The stadium then installs the proper railings (reactive safety) and the premium (cost of risk) only increases two-times. Another example are spot inspections. These are also reactive in that they are only done in response to a known or perceived problem (Wood,...
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...McDonalds Introduction: The history of the McDonalds is old as before the Second World War. The first McDonalds restaurant is made by Patrick McDonalds on Huntington drive near Monrovia airport in California in 1937. Later on his two sons Maurice and Richard known as “Mac and Dick” shifts the restaurant towards the San Bernardino, California in 1940. The initial product this restaurant is only the hamburger, but later on the demand of the product increases and McDonalds for meeting the increase in demand offer different types of the fast food products like, Fried Chicken, Coffee and etc. This increase In the menu and the successive corporate strategy adopts by McDonalds makes it a leader of the market in USA “in 2011 with the revenues crossing $5.5 billion to $27 billion”. The key competitors of McDonalds are KFC and subways. The success of McDonalds is seen through the effect that more than 64 million customers visit its 33000 restaurants daily around the globe. In 2011, this company is at the 1st position on the Dow jones stock index providing 35% return on its stock. In 2012, the position of this company on the fortune 500 list will be 107, having revenues of $27006 million with the increase of 12.2% from year 2010 (Anonymous, 2012). Why McDonalds Differ from other: The corporate strategic management of any organization contributes towards achievement of competitive advantage. In McDonalds, the success is the base of its strategic management. Their unique and successive...
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...The Two Faces of Uncertainty Avoidance: Attachment and Adaptation David S. Baker and Kerry D. Carson University of Louisiana at Lafayette ABSTRACT The authors used a sample of 155 field sales personnel from the United States, Canada, United Kingdom, Australia, and New Zealand to examine attachment and adaptation as two ways of addressing individual uncertainty avoidance. Results suggest that both attachment and adaptation are used to reduce uncertainty avoidance in the workplace. Individuals low on uncertainty avoidance had no need to attach with their group or adapt to their environment. Those high on uncertainty avoidance used both techniques to deal with risk. Individuals reporting moderate levels of uncertainty avoidance primarily used adaptation rather than attachment to deal with risk. Introduction Geert Hostede’s (1980) theoretical and empirical work on value development within national cultures has served as an important foundation for this field of international study (Triandis, 2004). Hofstede (1980) originally proposed a framework that consisted of four dimensions: uncertainty avoidance, individualism/collectivism, power distance, masculinity/femininity. He later added a fifth dimension, time orientation (Hofstede & Bond, 1988). Of particular interest in this study is the macro dimension of uncertainty avoidance measured at an individual level. Cultures high on uncertainty avoidance are risk adverse. Individuals in these cultures prefer stability in their lives and...
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...Assignment No: 01 University of Dhaka Module: Principles of Management (4204) Question-1: Identify Taylor's four principles of scientific management. Answer: The Four Principles of Scientific Management is a monograph (A specialist work of writing on a single subject or an aspect of a subject, usually by a single author) published by Frederick Winslow Taylor in 1911. This influential monograph, which laid out the principles of scientific management, is a seminal text of modern organization and decision theory and has motivated administrators and students of managerial technique. Taylor was an American manufacturing manager, mechanical engineer, and then a management consultant in his later years. He is often called "The Father of Scientific Management". His approach is also often referred to as Taylor's Four Principles, or Taylorism. Taylor argued that the principal object of management should be to secure the maximum prosperity for the employer, coupled with the maximum prosperity for each employee. He argued that the most important object of both the employee and the management should be the training and development of each individual in the establishment, so that he can do the highest class of work for which his natural abilities fit him. Taylor demonstrated that maximum prosperity can exist only as the result of maximum productivity, both for the shop and individual, and rebuked the idea that the fundamental interests of employees...
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...CHAPTER 3 Jerica Robison Discussing the Concepts 1. Describe the elements of a company’s marketing environment and why marketers play a critical role in tracking environmental trends and spotting opportunities. a. A company’s marketing environment consists of the actors and forces outside marketing that affect marketing management’s ability to build and maintain successful relationships with target customers. Like Xerox, companies constantly watch and adapt to the changing environment. b. More than any other group in the company, marketers must be environmental trend trackers and opportunity seekers. Although every manager in an organization should watch the outside environment, marketers have two special aptitudes. They have disciplined methods-marketing research and marketing intelligence-for collecting information about the marketing environment. They also spend more time in customer and competitor environments. By carefully studying the environment, marketers can adapt their strategies to meet new marketplace challenges and opportunities. 2. List some of the demographic trends of interest to marketers in the United States and discuss whether these trends pose opportunities or threats for marketers. a. Changing Age Structure of the Population Changing American Family Geographic Shifts in Population A better-educated, more white-collar, more professional population Increasing diversity ...
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...Freedom of Choice Gen/200 Freedom of Choice “Between stimulus and response, man has the freedom to choose” (Frankl, 2002). Personal responsibility is recognizing that I have the freedom and control to choose my actions and accept the consequences that come from these actions. These actions can be as simple as determining what my attitude will be for the day all the way to choosing to have a great, motivating, and inspirational life. Covey (1989) explained, making the choice to choose our response we powerfully could affect the results. Personal responsibility links to everything in my life, my family success, my professional success, and my educational success. In this instance, personal responsibility’s associations with the actions I must take to be successful in college are show initiative, be proactive, manage my time effectively, and create effective habits. Initiative There are multiple methods and attributes to ensure my educational success, taking the initiative to choose to be a successful student seems to be the first key point. A study performed by Zimmerman and Martinez-Pons (1986), comparing advanced students and lower performing students found that the lower performing students often give reactive statements such as “I just do what my teacher tells me,” compared to the academically achievers that use statements such as, “If I’m having difficulty motivating myself to complete my homework, I just work harder.” The findings indicated a lack of personal...
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...challenges for corporate entities to address the issues is often one of trying to “herd cats.” The insatiable desire for technology that enables real-time communication, as well as immediate capabilities to develop and distribute information has created a huge information management quandary. Our ability to communicate and distribute information “at will” has created potential significant corporate risk associated with failure to adhere to governmental, industrial, or self-imposed corporate compliance metrics. Although much is in place to regulate previous generations of communication and information distribution methods, recent technological advances have seriously taxed the viability of many long-standing regulatory compliance standards. In response, new interpretations and amendments to these standards have been instituted, thus resulting in many of these same corporations having to react to put their “house in order.” Defining the Challenge Recent studies indicate that approximately 80% of all corporate information...
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