Risk Management in Panama Canal Essay Example | Topics and Well Written Essays - 250 words

Risk Management in Panama Canal - Essay Example The papers highlight different risk analysis techniques that are applicable in analyzing risk, in Panama Canal. Risk analysis techniques used in forecasting are categorized in either qualitative or quantitative method. Qualitative techniques base their finds and conclusions on opinions and feelings of individuals. These include opinions and judgments of experts, consumers or scholars. Quantitative methods of risk analysis are based on numerical records over in the period. Quantitative analysis of different categories of project requirements and resources are recorded in the paper. The analysis includes meaning, standard deviation and means of all categories of resources, possible risks, costs, and conditions necessary for the Panama Canal project.The paper comprises of different steps and procedures taken in the development of the Panama Canal as highlighted by Kendrick (2006). Identification of the work and deliverables was the first step carried out in Panama Canal. Secondly, there was the organization of project work and clear determination of work breakdown structure on the Panama Canal project. Most of Stevens’s effects were utilized in the preparation of the initial work on the canal. Work breakdown structure is then decomposed into lower-level components that would be functional. These components are assigned identification codes. Lastly, examination of decomposition is carried out to assess whether the decomposed components are complete and clear.

Business Strategy and the Kingspan PLC Group Case Study

Business Strategy and the Kingspan PLC Group - Case Study Example According to this view strategy wraps around trading formulas into an acceptable systems where all or part of the firm's investment portfolio are integrated. This view is governed by rules that do not deviate, based on anything other than market action and it eliminates emotions bias because the systems operate within the parameters known by the trader or an investment firm. The proponents of this view argue it in two ways: firstly where a trader only needs to trade at the beginning and at the end to ensure the payoff and secondly it is applied between the start and the maturity of the derivative where a trader needs to trade more than once to ensure the payoff at maturity. 1 It relies on the collection of economic data which consists of measurable values of prices and changes in prices, for measurable commodities for example the cost of a particular commodity and how much of it is being used, the relationship between the general level of prices and the general level of employment this including the observable forms of economic activities such as money, consumption, preferences, buying, selling and prices. A strategy can also be viewed as a planning process that can allow an organization to concentrate its resources on the greatest opportunities to increase sales and achieve a sustainable competitive advantage, serving as a fundamental underpinning of marketing plans designed to reach an organizations marketing goals, policies and action tactics into a cohesive whole. This view may take the form of market dominance where organizations are classified based on the market share or dominance of organization for example, a market leader, a market challenger and a market follower. It may also take the form of the dimensions of the strategic scope relating to the market penetration and strategic strength of the competing firms, where by competitive advantage such as cost leadership, product differentiation and market segmentation can be achieved. 2It also takes the form of dealing with the firm's rate of new product development and business model innovation. It also describes how the firm sh ould grow which is normally done by horizontal integration, vertical integration, diversification or intensification. Another view of a strategy is a process of specifying an organization's visions, initiatives and processes in order to deploy their online assets including: websites, digital audio and video content, rich internet applications, community groups, banner advertisements in a manner that maximizes the business benefits they provide to the organization. This plan is normally presented in three ways:-identifying key opportunities or challenges in a business where online assets can provide a solution:-identifying the unmet needs and goals of the customers that align with key business opportunities and lastly developing a vision on how the assets will fulfil the business and customer needs, goals, opportunities and challenges. The other view of strategy is concerned with geographic direction of state's foreign policy. This describes a foreign policy thrust

The Effect of Tsunamis on Marine Life Research Paper

The Effect of Tsunamis on Marine Life - Research Paper Example The most common cause of tsunami is the undersea earthquake. Such earthquakes may be too small to trigger a tsunami, but they may help in landslides, which may trigger Tsunami. On 26th December, 2005, early morning, northwest of Sumatra saw a huge tsunami. The earthquake generated a tsunami that was among the deadliest disasters in modern history, killing well over 200,000 people. The most surprising fact about this disaster is that the tsunami was not generated in Pacific Ocean, but in Indian Ocean. The earthquake originated in the Indian Ocean just north of Simeulue Island, off the western coast of northern Sumatra, Indonasia. The resulting tsunami devastated the shores of Indonasia, Srilanka, South India, Thailand and other countries with waves up to 30m . The following picture shows the blow of tsunami to one of the sandy beaches in Srilanka. Caption: A devastated Sandy beach in Sri Lanka after the Tsunami in 2006. The tsunami of 2005 was just one example of this devastating natu ral disaster. There have been a number of incidences of tsunami across the world, that have produced enormous destructions in the affected nations. (Bryant pp. 3-7; Commonwealth Veterinary Association p. 1) General Impact of Tsunami on Marinelife The coastal ecosystem gets damaged due to tsunami. The mangroves, estuarine, sea grasses, mudflats and coral reefs are usually among the most affected ones. Most of these physical structures are damaged by the huge force, which the waves produce as shown in the following picture. Caption: Damages to the Physical structures in coastal region by the Tsunami in Chennai Physical removal of flora and fauna and increased sediment load kill sediment sensitive corals and sea grasses by smothering. The extent of this damage considerably varies on the basis of local topography and hydrology of the surrounding environment. Some of the general impacts of tsunami can be as follows: Saltwater intrusion is a chemical change that occurs in the Pacific Ocea n, which is now also being happening in the Indian Ocean. All these occur due to heavy run off from the sewage, even the decomposition formed by the flora as well as the fauna of that place. These also include un-recovered bodies as well. Exotic species which are used for aquaculture escape badly. The structure of the ecosystem biologically gets disrupted. Since the structure of the ecosystem alters due to tsunami, the whole ecosystem gets affected Since coral reefs are considered as the natural defense of the ecosystem and it is generally seen that the ecosystems of these areas are largely intact even after the hit by tsunamis. For example, the Surin Island, chain off Thailand’s west coast, may have survived better than areas where the coast has been modified by urban development, aquaculture and to the new formed ecosystem during the tsunami of 2005. Mangroves are generally considered to be very significant natural barricade as well as a source of high quality profitable ti mber. Tsunamis produce significant adverse effects on mangroves. For example, in the Tsunami of 2005 that hit the coasts of India, Sri Lanka, Indonesia, etc., areas with highly dense mangroves areas suffered fewer human casualties and relatively less harm to physical properties compared to those areas that did not covered with mangroves. Tsunamis

Opportunity assessment for 'YPlan' Essay Example | Topics and Well Written Essays - 1500 words

Opportunity assessment for 'YPlan' - Essay Example There is a business opportunity in the last minute seat business as the theatre industry has an annual balance of 30% unsold seats, the cinema industry has 80% unsold seats while the live music industry has a balance of 40% unsold seats. The company YPlan is a young app company founded in 2012 by Rytis Vitkauskas and Viktoras Jucikas. YPlan specializes in last minute event discovery which involves alerting users of available tickets for live events happening within the next 24 hours. The events it sells include wine tasting sessions, music gigs, theatre or silent discos with all featured events handpicked by the company’s editors. The YPlan is based in London, UK, and serves the iPhone market in the city. The company was initially based in East London’s TechHub starting with two employees but grew quickly recruiting 17 employees in the process and shifted its base to King’s Cross. The company plans to expand internationally to other markets where the iPhone penet ration is huge like the US and Japan. YPlan seeks to exploit a gap in the entertainment market by being the first app company to provide an efficient means of purchasing last minute nights out tickets. The founders have experience in the software industry and have a long history of entrepreneurship. Rytis, for example, has previously worked at Summit Partners where he was responsible for software and technology investments. He contributed to the sourcing, execution and management of summit investments in Acturis and Avast software (Baron 2012). Challenges in the app business The company’s services were only available in London as of Jan 2013, but it looks to expand its business to American cities. The app market is crowded and competitive; it is hard for most entrepreneurs to break through. The popularity of apps changes quite often; therefore, entrepreneurs have to be conversant with the latest trends in the industry (Chell 2004). To launch a successful app entrepreneurs hav e to acquire the relevant technology appropriate to a particular platform. If the entrepreneur intends to launch the app on different platforms, then he/she needs to purchase a platform specific developer license for each platform. Platforms are in general mutually incompatible, with each having unique technical detailing and coding. The coding and testing stage requires the services of experienced app developers and software engineers. The app developer also needs sound designers, graphic designers and content developers, in addition to, an effective marketing and PR team. The company does not offer a filtering system to sort between different types of events like music gigs and theatre.   Some competitors like Hotel tonight appeal to customers with discounted rates for their services while Yplan offers discounts for only some of the events (Chell 2004). Other competitors like Groupon use coupons to advertise various products including sales of tickets to a wide range of events a t highly discounted rates. This could impact on Yplan’s bottom-line as its services are restricted to subscriber-only app based marketing. Groupon’s customers need not own a smart phone in order to buy its products. Groupon has also negotiated lucrative deals with various American companies and this could be a hurdle to Yplan’s strategy of entering the American market. For instance, Groupon have partnered with the MLB to sell tickets to its games. Opportunities and product differentiation

Marketing Services of Damia Spa Assignment Example | Topics and Well Written Essays - 1500 words

Marketing Services of Damia Spa - Assignment Example The health facility embraces the people from this wide and diversified culture all interested in harmony of Singapore (Damai Spa Singapore n.d.). Damai symbolizes the peaceful and harmonious coexistence of these various cultures as practiced in Singapore. Numerous services are offered at the Damia Spa. The Spa treatment offers customers services that are beyond their expectations and that they would enjoy. The naturally beautiful and serene environment ensures that the patients enjoy their stay in the Spa. Damai Spa offers treatments that are based on the different healing philosophies (Damai Spa Singapore n.d.). This makes the patient get customized treatment and services depending on their traditional beliefs and practices. The traditional Chinese medicine ensures balancing by unblocking the vital energy. The Malay Jamu philosophy heals by the use of herbal and natural well being. Moreover, the European spa therapy energies the body connection while the Indian ayurveda purifies and detoxify the body (Zeithaml & Mary, 1996). When customers attend treatment at Damai Spa, they are guaranteed other supplementary services. These include the provision of a robes and scandals for comfort. Secured lockers will make the patients keep safe their personal belonging even though the management is not responsible for the losses (Damai Spa Singapore n.d.). The Spa further prohibits smoking and drinking in the premises to ensure patients enjoy tranquility and peace. In addition, the spa etiquette enables the patients to shower before body checks and Damai Spa has the fitness center that is geared towards wellness enthusiasts while looking for innovative ways that restores balance in the lives and for total rejuvenation. The fitness center includes yoga, bollywood, capoiera and hip hop dance. All these enables the customers to engage in fat burning, strengthening exercise and provides professional advice on nutritional and healthy lifestyle. To supplement the fitness center, recreational facilities like swimming pool, studio, badminton courts, and oasis poolside restaurant are available (Damai Spa Singapore n.d.). The marketing of services requires customization of services and this explains why the wellness center offers attention to each member (Vedulla, 2005). Special fees charged attracts customers and affordable to the members. The technology wellness key is easy to use by the members and stores data that is communicated to the gym equipment. The key can also guide the members through each exercise hence a training strength. In addition, Damai Spa salon services provide a variety of services. These include hair cut, hair color, shine lights, and hair permitting and hair treatment at affordable rates. This wide variety ofi services makes customers have selection choice and therefore enhancing their satisfaction. The services are charged at different rates, which make the spa serve various classes of people. The salons are situated in natural and ser ene environments that ensure comfort and satisfaction. In all the categories of services that are provided, Damai considers the diverse nature of people’s values, customs, and rituals. These diversities are blended in a manner that ensures harmony of the four-wellness philosophies. The Damai couples journey a selection and seasonal fruits served and herbal tea

Poetry interpretation Essay Example | Topics and Well Written Essays - 500 words

Poetry interpretation - Essay Example When the heart is full and when the lips refuse to speak, a lyric sprouts from the depth of the poet’s inner world. Its foundation is heart, not mind. The poet of lyrics is not interested in scientific research, but search of the inner world. In Family, the poet brilliantly portrays many dimensions of love of an elderly individual and how love is the cementing force in the family that leaves deep positive impact on all concerned. Subject: The subject of the poem is an elderly, affectionate lady, Aunt Lennie. The poet is the protagonist of the poem and he recalls his youthful days â€Å"It was so good to be young in her garden† (One Moment More,43). The main concept of the poem is the emotional remembrance of a senior family member. Theme: The theme of the poem is love and the disciplined approach to life as evident in the lines â€Å"To feel the constant pattern of her love in those early flights/the winged spirit caught within her bones.†(One Moment More, 42) Bone is the barometer of the strength of an individual and by comparing her spirit to the bones; the poet throws the hint that her willpower is strong. In article An introduction to Lyric Poetry William Wallis writes â€Å"Poetry frees language to create unforgettable visual images and emotion-charged ideas† (129). Appealing and arresting language lends strength and beauty to the lyric poetry. Lyrics are basically meant to be sung whereas the poem is for reading. Music is an integral part of lyric. â€Å"With all that said, lyrics and poems share a lot in terms of composition and form. One of the most important elements of poetry and lyricism is the poetic device†. (BandAMP)A lyric has much to do with the flights of imagination and a lyrist is the monarch of all that he surveys. William Wallis writes â€Å"Poetry does more with less, it dedicates its rhythm and sound patterns to creating striking visual images, then

Paramedics Essay Example | Topics and Well Written Essays - 1500 words

Paramedics - Essay Example Paramedics will always interact with students who come to learn and gain field experience. Interaction between a qualified paramedic and a paramedical student can result into fruitful learning session in both theoretical and practical skills (Taghavi et al. 2012). There are various ways in which students interact with paramedics and any encounter presents a chance for learning. Due to the nature of work, paramedics are always in constant oscillation between health facilities and places of emergency. This implies that learners have to follow the paramedics’ team to interact with them in either of the places. While in the emergency areas, paramedics are more involved in saving live, reducing the number of casualties and stabilizing those who are severely ill or injured. Interaction here is by active participation of students, with the guidance of qualified paramedics. Procedures and lifesaving skills are taught by experience and observation. On the other hand, paramedics located in health institutions interact with learners variously; those performing certain procedures engage students either through observation, asking of question related to the procedure at hand or carry out demonstrations for learners (Halpern et al. 2012). While the patient is transferred to another facility for further management, continuous medical care is provided, a learner who is with the paramedic has a chance to observe the whole process of care and ask relevant question. Also he or she actively participates in providing care under supervision.