Business and Corporate Law Assignment Example | Topics and Well Written Essays - 1500 words

Business and Corporate Law - Assignment Example In the end, Speedway left themselves open to great liability. Speedway’s promotion entailed bonus air miles being attached to being collected through domestic bookings. The advertisement stated that any†¨customer who collected 50000 miles could redeem them for an online code for the †¨chance to win a great range of prizes, which included items on Speedways services. †¨Further it said that: †¨Ã¢â‚¬ËœReach 50,000 bonus miles and enter the online code for the chance to receive †¨a winning confirmation email to Speedway’s head office and win the grand prize of an all expenses paid round the world holiday. But only for a limited †¨time.’ †¨[100 words]†¨ This is where the company went wrong. They made an offer that they stated ‘any customer who collected 50,000 miles’ could redeem them for an online code for the chance to win a range of prizes—including the possibility of receiving a winning confirmation email to go to Speedway’s head office in order to get an all-expenses paid ‘round the world’ holiday. Speedway should have specified the limited time for which the contest was sponsored. This could have made their job much easier when people came to the Speedway headquarters wanting to claim their prizes. So, Speedway left themselves liable. Jim Smith was surfing the Net when he came across Speedway’s Internet †¨advertisement. Immediately he started booking flights for his next holidays and after †¨collecting the bonus air miles he waited for his email confirmation. While he was †¨waiting he collapses from the excitement at the prospect of winning an all expenses †¨paid round the world trip. He was taken to hospital. †¨[175 words] Speedway is not liable for the fact that Jim collapsed â€Å"in excitement† over the prospect of winning an all-expenses paid trip around the world. Basically, it could be argued that his collapse could have

Philosophy Communication Barriers Essay Example for Free

Philosophy Communication Barriers Essay (a) How does James think of my intending to say something? Does he think of it as a process in consciousness? James argues that our phrasing â€Å"intended to say† is an almost wrong explanation on a subconscious or even psychic thing that it happening within our minds.   The point is that we never consciously form the words in our minds or even draw upon our memory banks to call to mind images of the thing that we mean to say. Instead, it is an unconscious function of the mind that we hear something and choose to respond to it with some form of language. In the event that the language we choose is wrong, we often react with the phrase. â€Å"What I meant to say was†¦Ã¢â‚¬  James argues that this happens when the precognition of our own mind fails to work rapidly enough to anticipate the reaction of the person we are speaking to and choose the proper words to convey to a thought stream to that specific person. On the most basic level, it means that our minds did not act quickly enough to substitute the proper word into a sentence. For example, imagine talking to your best friend about her sister. The intended sentence would be, â€Å"How’s she doing?† As the speaker you would not have planned out the conversation or thought specifically about what to ask, but when you speak and say, â€Å"How’s he doing?† the immediate response is to say, ‘I meant she. How’s she doing?’ there is never a point at which the conscious mind stops and chooses the words to use. This might therefore make an interesting discussion for linguists and psychologists to determine how speech actually happens. James argues that it is a subconscious thing, which implies then that speech is a learned ability you can train the subconscious mind. Take for example learning to speak another language fluently.   Teachers argue that you cannot speak another language fluently until you can think in that language. The premise is basically the same as what James has argues. If you are completely fluent in the language and someone asks,   â€Å"Que es el nombre del gato?† You will be responding with the cat’s name before the image of the cat is even called to mind. If you are less than fluent, you will need to translate the question before you can answer, thus moving the response from the subconscious speech centers to the conscious mind. [(b) Can the arguments Wittgenstein employs against the idea that understanding words is a conscious process be adapted to show that intending or meaning to say words is not a conscious process that begins before I say them   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Wittgenstein argues that the meaning of a word is defined as we use it, not by some memory flash card system begun when we are children.   This then would explain in English the tendency to crease euphemisms and phrases which cannot be translated literally based on the presumed meaning of the individual world. To use his argument, if language were a conscious thing, human speech patterns would always be precise and would never relay on simile, metaphor or any other form of literary device. Instead, in essence, he is arguing that because language to create imagery that is not a specific reflection of the exact meaning of what is said, it is a subconscious action. Likewise then, if the use of language is subconscious and not dependent on a specific meaning when a word is chosen, Wittgenstein’s argument can easily be developed to explain that the use of words or even the development of an answer is not necessarily a conscious thing. Think of it as a sort of language autopilot. Our subconscious mind understands what is being discussed and how to respond to it before the conscious mind has a chance to understand the nature of the question. Therefore, the subconscious mind can formulate a response and begin it before the conscious mind starts to speak. In the event that the conscious mind disrupts the process and inserts its own words, the subconscious mind can send it a message that says, ‘What I meant to say was†¦.† c) James claims that intending to say something is or provides an anticipation or premonition (=knowledge in advance) of the words I will say or think. Do Wittgenstein’s remarks in section. 187-192 show that James is laboring under some misunderstanding about this? Explain. Wittgenstein’s remarks indicate that James is misunderstanding the functioning of the mind by calling the natural process of communication between the conscious and subconscious premonition. He would argue that the act of speech is a sort of subconscious act, with only specific forms of speech coming from the conscious mind. If both parts of the mind are working in proper harmony, the subconscious can formulate and plan a response long before the conscious mind can even think about it. However, this is not a self-premonition or anything as supernatural as James might be implying. Instead, it is a factor of the understanding of the human brain and how it works. Since the body cannot, by definition, understand the workings of the subconscious, we simply must accept that these incidences occur when the subconscious works more rapidly than the conscious mind.   Wittgenstein argues that this is not a premonition, but simply evidence that the mind works much faster than we appreciate. 2.) P. F. Strawson writes: States or experiences†¦owe their identity as particulars to the identity of the person whose states and experiences they are. From this it follows immediately that if they can be identified as particular states and experiences at all, they must be possessed†¦in such a way that it is logically impossible that a particular state or experience in fact possessed by someone should have been possessed by anyone else. The requirements of identity rule out logical transferability of ownership. [Individuals, p. 97] (a) Briefly describe Wittgenstein’s treatment of the idea that â€Å"another person can’t have my pains† in Philosophical Investigations Section 253. (Describe the aims and strategy of his remarks.)[ Wittgenstein disagrees with Strawson, with a tongue-in-cheek sarcasm to illustrate that in the event of Siamese twins, two people could share the exact same pain. Ultimately, though his goal is to demonstrate that identity is not as important to the identification of pain as far as location and intensity. Whether a person has the exact same headache that you are having is not nearly as relevant as the fact that they have had a headache in the past and can therefore commiserate with the pain that you are feeling.   In essence, he is arguing that the sameness of the pain is also irrelevant. When discussing the human condition, it is more important to draw parallels between like circumstances than to throw up semi-rational boundaries such as the identifiers that Strawson used. While it may technically, maybe, be impossible for more than one other person to feel the exact same pain that you are feeling, in the human nature of inexact speech we often use the phrase â€Å"same pain† to indicate that we have been in similar circumstances. Drawing unnecessary barriers by pointing out that our individuality will affect the way that we feel pain does nothing to promote a greater understanding of pain, the nature of the individual, the nature of empathy or the human condition. If Strawson were attempting to define the uniqueness of the individual, his commentary might have been relevant, but in a discussion about the nature of pain, it is divisive and irrelevant. The point is to discuss the sameness of the human condition in that while we may have different understandings of pain, we can interrelate via the concept of pain. For example, two women with menstrual cramps may not be experiencing the same intensity of pain or even the same location, but they can relate based on the similar circumstance. (b) Do observations like those in his PhilosophicalRemarks *2 account for all the ways we use the expression (same) pain?] Wittgenstein’s examples via Philosophical Remarks perhaps do not go far enough in disavowing Strawson’s claims, but he does make a good start. By arguing that the criteria of identifying the sameness of pain involves location and intensity as criteria rather than identity of the person feeling the pain, Wittgenstein effectively argues that Strawson’s claim is false. What he fails to discuss are the non-physical sources of pain and whether they can be the same pain or if Strawson is closer to the mark when using inaccurate language to describe emotional trauma. But here too, if Wittgenstein had desired, he could argue that Strawson’s claim is fundamentally flawed. Again, we go first to the example of identical twins that are raised together. Though there might be some differences in their emotional makeup, for the most part, they are going to feel emotional pain in the same way. But even if we forgo the genetic aspect ad simply discuss emotion as an end result of experience, it seems ludicrous to assume that each of the six billion people on the planet will have experienced life in a completely unique way and will therefore never have the same pain as another person. (c) Push Wittgenstein’s investigation one step further. We say things like this: â€Å"I had two bad headaches today: one in the morning and one in the afternoon†. What are â€Å"criteria† for sameness and difference in such cases? The primary criteria for sameness and difference in this case would be the location of the headache and its intensity. For example, a tension headache might begin at the base of the spine and radiate upward, a sinus headache might begin just below the eyes and a migraine might be a throbbing in the temples. Each can be described as a bad headache depending on the severity and each is unique in its location. However, often people who are prone to headaches will have them in the same location and are given to saying, â€Å"I had that same headache again† to indicate to the listeners that this is a recurring problem in the same location with the same intensity. When language is used precisely, this is an inexact statement, but if the primary purpose of language is to convey meaning to the listener, this can be a much simpler way of saying â€Å"I have a headache again in the same spot as I did yesterday and it hurts the same amount.† Much like with the other discussion, Wittgenstein seems to be challenging his fellow philosophers regarding their choice and use of the language. Because the language itself is inexact, making a claim simply based on the language usage is invalid. (d) Do these cases vindicate Strawson? I do not believe these issues vindicate Strawson at all. It appears that he was doing exact what Wittgenstein was trying to warn against: he was using an imprecise example of language to erect a barrier to human empathy that need not exist. Generally speaking, when a person uses the phrases, â€Å"I feel your pain† it is to indicate that I have been in a similar circumstance and have felt pain because of it. As such, I can empathize with your pain. However, people simply do not talk that way and to expect them to do so is illogical. Therefore, Wittgenstein rebukes Strawson, fairly gently, trying to make him understand that the same is not always the same.   It makes perfect sense when you consider the propensity in English to use the phrase â€Å"exactly the same†. Though sameness implies that two things are alike, we have learned to differentiate between things that are similar and thus the same in casual conversation and things that are identical.

Allen Ginsberg and American Protest Literature Essay -- American Protes

BUNEA VALENTIN LEONARD GROUP 3A, ENGLISH-AMERICAN STUDIES ALLEN GINSBERG,  ¡Ã‚ §HOWL ¡Ã‚ ¨ AND THE LITERATURE OF PROTEST   Ã‚  Ã‚  Ã‚  Ã‚  Allen Ginsberg (1926-1997) was an important figure in the Beat Generation Movement that took place right before the revolutionary American 60 ¡Ã‚ ¦s. Other major beat writers (also called  ¡Ã‚ §beatnicks ¡Ã‚ ¨) were: Gregory Corso, Jack Kerouac and William Burroughs. The beat poetry was meant to be oral and very effective in readings. It developed out of poetry readings in underground clubs.(a beautiful image of these secret clubs can be found in the movie called  ¡Ã‚ §Dead Poet ¡Ã‚ ¦s Society ¡Ã‚ ¨ with Robin Williams playing the main character). Some argued that it was the grandparent of rap music. The term  ¡Ã‚ §Beat Generation ¡Ã‚ ¨ was coined by Kerouac in the fall of the 1948 in New York City. The word  ¡Ã‚ §beat ¡Ã‚ ¨ referred loosely to their shared sense of spiritual exhaustion and diffuse feelings of rebellion against what they experienced as the general conformity, hypocrisy and materialism of a larger society around them caught up i n he unprecedented prosperity of postwar America.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  The beat poetry was the most anticanon form of literature in the United States. The poetry is a cry of pain and rage, a howl at what the poets see as the loss of America ¡Ã‚ ¦s innocence and as a tragic waste.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Allen Ginsberg was born in Newark, New Jersey. His parents were second generation Russian- Jewish immigrants, left-wing radicals interested in Marxism, nudism, feminism, generally in the modern revolutionary ideas of his times. This background certainly did influence his evolution as a revolutionary poet. His father, Louis Ginsberg, was a teacher and a poet, whose work was published in New York Times. During Ginsberg ¡Ã‚ ¦s childhood, his mother, Naomi Ginsberg, started to suffer from paranoia. She was institutionalized and eventually lobotomized. She died in an asylum in 1956. her life is the subject one Allen ¡Ã‚ ¦s poem entitled  ¡Ã‚ §Kaddish ¡Ã‚ ¨ and which was written as a compensation of her funeral service.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  After he graduated a public high school, Ginsberg won a scholarship from Columbia University where he became a famous student, making friends with Williams Burroughs and Jack Kerouac. An... ...p;  Ã‚   Ginsberg ¡Ã‚ ¦s style is not disciplined, but based on a spontaneous utterance of ideas, violating all the current artistic canons, provoking a literary and social scandal. The powerful  Ã‚  Ã‚  Ã‚  Ã‚  representations of the urban realities, of the language and matter of the urban streets were meant to induce powerful reactions of the reader. He brought the culture down to the level of streets and neighborhoods. That ¡Ã‚ ¦s why the language and the images are obscene, including symbolism and direct references to oral and anal sex, homosexuality and drug use. We can even say that the form of the poem seems to be a self exploration, shaped after his own life.   Ã‚  Ã‚  Ã‚  Ã‚  What Ginsberg manages to do is to freely express his attitudes the way they overwhelm him: defiance, longing, terror, hysteria, prayer, anger, joy, exhaustion, culminating with madness and suicide. BIBLIOGRAPHY: „ «Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  www.sparknotes.com „ «Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  www.questia.com „ «Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  UNITED STATES DEPARTMENT OF STATE-  ¡Ã‚ §OUTLINE OF AMERICAN LITERATURE ¡Ã‚ ¨ „ «Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  NORTON ANTHOLOGY

Job Analysis vs. Job Evaluation Essay

Describe the differences between job analysis and job evaluation and how these practices help establish internally consistent job structures. Job analysis is the organized gathering, documenting, and analyzing information to describe a job. A job analyses describes the job duties, worker requirements, working conditions, etc. Job evaluation is the recognition of differences within a set of jobs and establishes pay rates according to the job. A job analysis provides information about what duties the job consists of and what is required to perform the job which in turn allows the manager to know what types of people to hire for the positions. The job analysis results aid in establishing compensation for the various positions by the differences between job content and work requirements. Job content refers to actual job duties as well as the tasks that employees must perform on the job. Worker requirements are the minimum qualifications and skills that people must have in order to perform the job in question. Companies use this to develop pay grades and salary ranges to determine how much pay each position is worth. Describe the challenges in developing compensations that are both internally consistent and market competitive. Internally consistent compensation systems help allows companies to develop relative pay scales. Relative pay scale means that jobs within the company pay different rates in comparison to other jobs within the same company. The means that these internally consistent compensation systems are developed are based on simple principles and fundamentals. Jobs that require a person to have a higher level of education, experience, or a specific skill will be assigned a higher pay than a job requiring less. Another factor that affects the relative pay of a job within the company includes the complexity of the job as well as the level of responsibility that comes with it. This is very useful for a company but it will become necessary for employees to take on the duties of  other positions or even duties of newly created position in order for the company to remain competitive within the market. This could be caused my several different things. The company may downsize in the future, making employees take on more tasks. Or responsibilities can be added prior to the company becoming fully staffed or adding staff. This would increase the employee’s responsibilities or skills without increasing pay. One way to plan for this would be for the company to have the ability to give additional pay for additional responsibilities as defined by a defined policy allowing the company to grow based on market changes while still being able to fairly pay the employees for the work they do. This would make the company have a market competitive compensation policy which mean that the pay scale for jobs will attract and retain the most skilled and knowledgeable workers. A draw back to a market competitive compensation policy would be that it would not help keep costs low. An example would be the company paying too much for a specific job based on what the company can afford to pay, which can limit the company from doing other important things like training and development. Discuss whether it is fair to give one employee a smaller percentage merit increase because his pay falls within the 3rd quartile but give a larger percentage merit increase to the other because his pay falls within the 1st quartile and explain why. I do not believe it is fair to give one employee a smaller percentage merit increase because their pay falls within the 3rd quartile but give a larger percentage merit increase to the other because his pay falls within the 1st quartile. I think both should be evaluated on the work they are doing and their contributions to their team no matter what quartile they are in. Employees are rated by their management on job specific objectives as well as performance ratings over a course of time in order to determine whether an employee is due to receive a merit increase and the amount of increase. This typically happens after management does a performance appraisal of their employees work. If it is found that both employees do the exact same work, and they both have the same skill sets, and the same statistics on job performance then both should be given the same percentage merit increase. Discuss the basic concept of insurance and how this concept applies to health care. The basic concept of insurance is that it covers the costs of a group of services that provide employees with coverage for services. This is to provide the employees with the ability to take care of their physical and mental health. This includes and is not limited to covering physical examinations, diagnostic testing, surgery, hospitalization, dental care, vision coverage, as well as prescription drug coverage. Health insurance can be purchased by an individual directly through an insurance carrier, or it can be purchased through payroll deduction with their employer. The costs can be a lot more expensive if purchased directly from the carrier, deductibles may be higher, and the benefits may not coverage as much as group health coverage through an employer. Group health coverage through the employer is for a larger group of people and coverage negotiated. The company pays a portion of the benefits, allowing their employees to pay a lesser cost. In a fee for service plan there are deductibles, and this means that over a period of time an employee will have to pay for services needed before insurance benefits start to pay for services received. Describe the changes in the business environment and society that might affect the relevance or perhaps the viability of any of these benefits. Companies faced with rising cost of benefits and health care may cut employment in order to reduce benefits costs. This will make unemployment rise. Unemployment insurance payments for are there to provide temporary financial assistance to unemployed workers who meet their specific state requirements. Eligibility for unemployment insurance, benefit amounts, and length of time benefits are determined by the state law under which employment insurance claims are awarded. The problem with unemployment benefits is that due to a decline in revenue there are budget deficits. Other factors affecting the business and/or society that might affect the relevance or viability of benefits are things like companies closing, off shoring work, as well as layoffs. Anything that’s causes people to lose their jobs to pay for coverage’s and out of pocket expense or just loosing the coverage itself affect this. Without employer group coverage’s for health insurance, employees may not be able to afford to pay for medical services. References Dessler, G. (2011). Human Resource Management: 2010 custom edition (12th ed.). Upper Saddle River, NJ: Prentice Hall.Martocchio, J. J. (2011). Strategic compensation: A human resource management approach: 2011 custom edition (6th ed.). Upper Saddle River, NJ: Prentice Hall. What is health insurance? Retrieved May 22, 2012, from http://www.investorwords.com/2289/health_insurance.html

Analysis Of The Movie Waiting - 1604 Words

I. Introduction and Description of the Movie: Waiting is a movie that displays an entirely different side to the restaurant environment, the audience sees the backstage and all the activities that go on. The first scene shows a raging party where there is loud music, illegal drugs, and lots of alcohol. Although most of the characters are shown at the party they are not introduced until later in the movie. The movie encompasses many characters and their stories, including how they are connected to each other and the restaurant. The characters work at Shenanigans where Dan, the boss, is trying to start a relationship with Naomi who is the 17 year old Hostess. Meanwhile, Monty the resident womanizer has been assigned to Mitch the new†¦show more content†¦This basically means that any type of behavior that might be disruptive to the ‘normal’ routine of a work place is considered as CWB. CWB can be something as small as stealing a pen to something larger like physical altercation. â€Å"Robinson and Bennet (199 5) broke counterproductive work behavior into two separate aspects: deviance directed toward the organization, and deviance directed toward other individuals† (Landy Conte, 2010). The movie addresses both parts of CWB, although in this movie one of the parts leads to the other part; they are linked. The audience is boldly shown how the employees of Shenanigans show deviance towards other individuals through their sexual misconducts, for example their Genital Flashing game. However, the other part of CWB is portrayed as a result of their deviance to individuals. In other words, through their deviance to other individuals, the employees are showing deviance to the organization. The text further narrows down the common three CWB into Dishonesty, Absenteeism, and Sabotage. According to the text Dishonesty is defined as â€Å"Employee theft of goods and theft of time (arriving late, leaving early, taking unnecessary sick days) or dishonest communication with customers, co-workers, or management† (Landy Conte, 2010). The movie portrays the theft of goods when Theodore (T-dog) and NicholasShow MoreRelatedAnalysis Of The Movie Waiting For Superman 1186 Words   |  5 Pages â€Å"Waiting for Superman† looks at a problem plaguing American schools all over the country today. This film makes it clear this problem hits hardest in the poorest communities of the country, he does make it clear though that it can happen in rich communities and suburbs.. The filmmakers attack all political parties and belief systems. The movie looks at many things , the funding of schools, how supplies are distributed to schools, how teachers are picked and monitored, teachers unions, differentRead MoreMovie Analysis : Waiting For Superman 1271 Words   |  6 PagesWhen life gives you lemons, make lemonade: a clichà © that seems to be used oftentimes and never fails to humor some truth in it. In the television show, The Simpsons, episode: â€Å"How the Test Was Won,† directed by Lance Kramer and the documentary, Waiting for Superman, directed by Davis Guggenheim, indicates the depleted issue in our education system. Both texts argue the decline of our nation’s literacy and school merit that comes with. Ultimately, Guggeheim builds his credibility with citing reputableRead MoreAnalysis Of The Movie Waiting For Superman 935 Words   |  4 PagesWaiting for Superman is a documentary that scrutinized public schools primarily located in inner-city areas. 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The movie industry was recently dazzled by the performance of one blockbuster: Avengers: Age of Ultron. This paper discusses the impact that marketing campaigns had on the performance of Avengers: Age of Ultron. Additionally, in-depth analysis of the intricacies of the marketing campaigns will follow. The movie â€Å"Avengers: Age of Ultron† hit the $191. 3 million in Canada and the United States of America aloneRead MoreArundel Partners Case Analysis Essay1441 Words   |  6 Pages----------------------------------- spootyhead Apr 17, 2007 Arundel Partners Case Analysis ----------------------------------- Arundel Partners Case Analysis Executive Summary: A group of investors (Arundel group) is looking into the idea of purchasing the sequel rights associated with films produced by one or more major movie studios. Movie rights are to be purchased prior to films being made. Arundel wants to come up with a decision to either purchase all the sequel rights for

Chapter1-Introduction. Existing Studies Focus On The Impact

Chapter1-Introduction Existing studies focus on the impact of teamwork and productivity on implementing, quality improvement. For example developing a culture within the work place where teamwork is a vital necessity can significantly improve performance, effectiveness, efficiency, morale, job satisfaction, unity of purpose, communications, innovative thinking, quality, speed in getting things done, and loyalty to an organization (Warrick, 2014). In corporate America, superiority and personal recognition have been more prominent in the work place; where by the concept of collaboration seems to be disregarded by managers and constituents (Ghorbanhosseni, 2013), due to this management sees less essence or governing principles of teamwork as†¦show more content†¦Team work is the ability to work together towards a common vision. Teamwork is a fuel that allows common people to attain uncommon results. Collective action is widely recognized as a positive force for teamwork in any organization or institution to succeed. â€Å"Teams enable individuals to empower themselves and to increase benefits from cooperative work engaged on as a group. Getting together with others also can allow individuals to better understand the importance of teamwork and how the organization operates as well as promote the culture of teamwork success† (Ghorbanhosseni, 2013). The unraveling of multimillion dollar corporations can be tied to poor collaboration among constituents. This in-turn has a domino effect of other components within the organization such as financial loss, exhausted and non-productive employees; and even more detrimental the closing of businesses. Furthermore, getting employees to adopt a quality mindset can help produce high quality products and services. Employees must feel a sense of ownership. They must feel responsible for the outcome of anything connected with the product or service. One always takes better care of something that they own as opposed to something that they do not. With ownership, employees will feel a sense of pride when hearing that their product or service has the highest reputation inShow MoreRelatedStudy Report On Data Mining3613 Words   |  15 Pages UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE STUDY REPORT ON Data Mining Submitted By Submitted To Harshil Sheth DR. Anthony B. Wilkinson 800833329 Submitted in the partial fulfilment of Master’s Degree in Computer Science Contents 1. Abstract 2. Need for Data Mining 3. History of Data Mining 4. DATA MINING PROCESS 5. Applications of Data Mining 6. Privacy Concerns and Ethics 7. Precaution to be taken before using the data 8. References AbstractRead MoreCapstone Project15365 Words   |  62 Pages. 19 1. 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Effect of Risk Management in Oil and Gas Industry

ABSTRACT Firms that operate in the oil and gas industry experience a number of risks in the supply chain of oil and gas and petrochemical as by products. These risks are inherently inculcated into the supply chain of oil and gas and related products ranging from the exploration, production, and marketing of oil, gas and related products. Quantitative and qualitative research will be conducted into the effects of these risks has revealed a strong relationship between the concepts of risk management and other risk management strategies on the product and service quality. Organizational executives use the concept of risk management (RM) techniques to design tailored RM strategies to integrate the concept into their enterprise risk†¦show more content†¦These risk components typically characterize the exploration, production, refining, and marketing of oil and gas and petrochemical products in the supply chain. This paper critically examines the types of risks which include environmental and financial risks, the theory of risk management and its relationship with reputational risk management (RRM), the concept of reputational risk which emphasizes on capital and people which are the most important assets of a company, and the fact which affirms that though people and capital can diminish, they can be recovered, but if reputation diminishes, it is near impossible to recover. BP is a typical case study where the concept of risk management is applied into an organization’s enterprise risk management framework. The research looks into the relationship between different types of risk management strategies and their integration into each other based on different risk management models to crystallize the relationship between these risks and their influence on product and service quality. However, the research concludes with an evaluation of the weaknesses of principles of RM in a practical environment targeting BP and possible solutions to the weaknesses applicable in BP’s risk management environment. METHODOLOGY In order to study the whole concept of risk management, the aim of the research was identified along with the main objective of theShow MoreRelatedOil and Gas Ohs1703 Words   |  7 PagesSAFETY AND HEALTH MANAGEMENT SYSTEM IN OIL AND GAS INDUSTRY Author : Subhrajit Bose Managing Partner / Lead Architect Sustainability – NextLink Solutions 3 2 1 Introduction: Safety and health management is one of the vital constituents of Oil and Gas industry activities because most of the operational conditions, chemicals and end products (hydrocarbons and other compounds) associated with Oil and Gas production are well known to pose serious safety and health threats to the workersRead MoreRisk Assessment And Action Plan1646 Words   |  7 Pages Energy Risk â€Æ' Energy Risk Being risk averse in an industry plagued with risk is a difficult task. However, identifying and managing risk is crucial in the capital intensive energy industry. 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Exploratory wells can only provide limited information to the reservoir engineering team – who in turn must take this limited info and provide an educated guess of the amount of reserves to the production team who will soon report to the project team. Prospective oil and gas projects are only progressed from the concept phase if it is believedRead MoreFIN 370 Week 3 Strategic Inititative Paper Final Draft 1185 Words   |  5 PagesInitiative Paper ExxonMobil is identified as one of the world’s leading oil and gas businesses. It manages market commodities and means countrywide. ExxonMobil is entail in â€Å"marketing, gas, and oil exploration, transportation and production in roughly 200 nations† (ExxonMobil, 2015). This company furnishes assistance and products under label names such as â€Å"Mobil, Esso, and Exxon. 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While, sales are projected to generate $1.4tn in sales and $400bn in taxes, as well as attractRead MoreThe Impact Of Foreign Exchange Gains And Losses On Profitability1715 Words   |  7 Pagesevidence is unlike those of Lee and Suh (2012) who argued that â€Å"exchange rate changes explain less than 2% of the variation in foreign operations profitability for most industries and the impact of exchange rate changes on profitability is not significant’’. This conclusion was reached after an empirical study involving 11 different industries. The results of this research are also dissimilar to those of Pantzalis et al. (2001) who finds that only 15% of 220 multinational companies in the US evidence exchangeRead MoreFracking Regulations Should Be Improved1361 Words   |  6 PagesHo Hockmeyer Advanced English 2 20 March 2015 Fracking Regulations Need to be Improved Natural gas has been hailed as the solution to the U.S energy problem, but is obtained by the controversial method of fracking. Hydraulic fracking is the process of pumping a mix of water, sand, and chemicals at high pressure to make openings in shale that contain natural gas. The fracking process allows natural gas to be obtained, but at a cost. The use of toxic chemicals can affect the surrounding environment