Tuesday, August 25, 2020

Businesses and organizations Essay Example for Free

Organizations and associations Essay â€Å"Businesses and associations utilize different sorts of data frameworks to help the numerous procedures expected to do their business capacities. Every one of these data frameworks has a specific reason or center, and each has its very own existence. This â€Å"life of its own† idea is known as the frameworks improvement life cycle or SDLC, and it incorporates the whole procedure of arranging, building, sending, utilizing, refreshing, and keeping up a data framework. The advancement of another data framework includes a few unique, yet related exercises. These exercises, or stages, for the most part incorporate arranging, examination, structure, usage, and upkeep/support. As it were, SDLC is an applied model that aides venture the board in data framework development.†(Wikibooks) The existence cycle begins with fundamental examination which all the accessible data required for the framework components and portion of the necessities to the product are accumulated. Next is the investigation of the prerequisites. This includes the expert understanding the elements of the product which is required for the framework based off the accumulated data. At that point is the framework structure in which the expert plans and concludes the most appropriate plan for the framework. The troublesome advance of framework coding or improvement comes next which is the place the examiner interprets the plan and projects into code for the PC. After the past strides next are the trying stage where the framework is trying to check whether it functions as expected or not. At that point is execution where the framework is given to the client and input is come back to safeguard the program functions as proposed. Lastly framework support is the last advance, here the expert guarantees the framework stays working inside the correct limits and capacities fittingly and fixes any issues. I think this identifies with database improvement in various manners. One is the means by which it begins, gathering data and finding the goal of the framework. Next you should design out how to set up the database, by deciding the essential data. At that point comes the minor subtleties. You set up your database fill in some test data protect it works appropriately and make required changes. At last you execute your database plan where in it works appropriately you just keep up and fix any mistakes. 2. Look into â€Å"Requirement Analysis† on the web. What sorts of theme heading do you find? I discovered features like â€Å"Business Requirement Analysis†, â€Å"Software Requirement Analysis† and â€Å"Five normal blunders in necessities examination (and how to dodge them)† References Wikibooks Systems Analysis and Design/Introduction-Open book for an open world http://en.wikibooks.org/wiki/Systems_Analysis_and_Design/Introduction

Saturday, August 22, 2020

Eyewitness Testimony Essay

The criminal equity frameworks in Australia and all through the world depend on proof to indict people associated with a wrongdoing. Beforehand, criminal specialists depended upon observer represents their examinations however mental research shows that onlooker declaration isn't generally exact and ought not be utilized in the criminal equity framework as a sole bit of proof (Sangero and Halpert, 2007). Various research papers and articles have forewarned the utilization of observer declaration because of numerous cases exclusively basing their decision from this proof. Considering DNA proof, many indicted for a criminal offense have been excused of their sentences. The utilization of ID tests found in various papers explains why witness declaration can be incorrect and untrustworthy. Investigations made during the time testing onlooker accounts dig into factors partner occasion qualities, observer attributes and target attributes and how they add to the recovery of data from an obs erver. These variables explain with regards to why witness declaration ought not be utilized exclusively as proof in the criminal equity framework but instead another constituent in distinguishing the individual of enthusiasm for a criminal examination. In 1992 a non revenue driven association was framed to help those indicted and condemned to a wrongdoing they didn't submit. The Innocence Project was framed by Barry C. Scheck and Peter J. Neufeld in association with Cardozo school of law at Yeshiva University to help absolve those saw as blameworthy by means of DNA testing (Benjamin N. Cardozo School of Law at Yeshiva University, 1997). As indicated by The Innocence Project, 75% of onlooker declaration which were utilized to convict associated lawbreakers in the United States with America was incorrect considering DNA testing. In one such case in New Zealand, a man named David Dougherty was seen as blameworthy of assault and kidnapping of a young lady who argued against him in the official courtroom just like the man that assaulted her (Cleave and Gower, 2012). Mr Dougherty was vindicated of the 1992 assault in 1997 because of the way that specialists at long last reasoned that there was deficient DNA proof to demonstrate past a doubtâ that he was the culprit (Fairfax NZ News, 2009). In spite of the fact that DNA proof excused Mr Dougherty of the wrongdoing, many accepted he was the culprit because of the onlooker declaration, and master assessments were obfuscated because of the exposure of this case. It was distinctly until an abroad master affirmed for Mr Dougherty that he was absolved (Fairfax NZ News, 2009). This case shows the blunders made by the person in question/onlooker and how certain she was of the suspect and The Innocence Project has demonstrated that observer declaration is regularly mixed up. It has been generally recorded during the time that mixed up recognizable pieces of proof were associated with most of cases analyzed by mental specialists (Penrod, 2005). Research has recommended that during a police examination, onlookers would now and again be liable to see more than one line-up to help distinguish a suspect (Palmer, Brewer, and Weber, 2010). Early research has refered to that more viewings of potential suspects ought to hypothetically improve the precision of the onlooker picking the guilty party (Penrod, 2005). Latest research has discovered that different line-ups can impede resulting recognizable proof exactness in this manner reasoning that the more line-ups an observer experiences, the more space for blunder in picking the subject being referred to (Palmer, Brewer, and Weber, 2010). This examination concentrated on post-ID criticism and isolated their investigation into two fundamental regions: affirming input and disconfirming input to see whether these would influence how the onlooker will continue with resulting line-ups. As per Palmer, Brewer and Weber, Just observers who got criticism after an underlying right dismissal performed at a level tantamount with a solitary lineup control gathering, proposing that an underlying recognizable proof test can hinder, yet not upgrade, execution on a subsequent test including a similar guilty party (Palmer, Brewer, and Weber, 2010). It is recommended inside this examination that criminal examinations abstain from utilizing various line-ups to guarantee that progressively honest people of intrigue are not indicted because of incorrect observer exactness. In Addition to this exploration it has likewise been discovered that observer blunders increment when people of intrigue are picked out of a photograph show as opposed to a real lineup (Lindsay and Wells, Improving Eyewitness Identifications From Lineups: Simultaneous Versus Sequential Lineup Presentation, 1985). These blunders are accepted to have something to do with the individual administrating the lineups or photograph exhibits (Wells, Rydell, and Seelau, 1993) in this way controlling the eyewitness’ decisions in distinguishing a suspect inside a lineup and resulting lineups (Phillips, McAuliff, Kovera, and Cutler, 1999) as recently found. This mistake is settled effectively by selecting somebody to oversee lineups or photograph exhibits that don't have a clue who the suspect might be (Wells and Bradfeild, 1998). Besides, examine has discovered that the more drawn out the time interim between the occasion and observer account, the presumable it is that the onlooker record will be wrong (Loftus, Miller, and Burns, 1978). Another factor identifying with occasion attributes is that of separation. Numerous investigations have demonstrated that separation between the observer and the objective (suspect) will affect memory and facial acknowledgment (Lindsay, Semmler, Weber, Brewer, and Lindsay, 2008). In one such analysis, it was inferred that observer acknowledgment disintegrated as the separation among them and the objective expanded (Wagenaar and van der Schrier, 1996). In many observer declaration, it is dependent upon the onlooker to review the separation among them and the objective. Already, the courts depended upon the 15 meter rule: the ideal review separation for an observer (Wagenaar and van der Schrier, 1996). Lindsay et al. (2008) recommended to the courts that instead of depending on the 15 meter rule, when all is said in done, distinguishing pieces of proof will diminish with an expansion in separation consequently it is dependent upon the courts to choose whether the onlooker accounts are valid or not. Observer attributes likewise factor in to the conversation of how solid onlooker declaration is in the criminal equity framework. As per an examination concentrate by Wells and Olsen (2003), sexual orientation has next to no to do with how well females perform to guys as far as onlooker distinguishing proof, albeit the two sexes vary by they way they see the occasion/scene. The age of an observer majorly affects onlooker recognizable proof as kids and the older were found to perform inadequately according to youthful grown-ups when examinations were directed (Wells and Olson, 2003). Another figure incorporated the observer attributes is that of race. It has been completely explored and i nferred that individuals are better at recognizing facial highlights of their own race than those of different races (Meissner and Brigham, 2001). This information is valuable for those areasâ in which are socially the equivalent however for multicultural areas, to be specific Australia; it would have little centrality the declaration couldn't be checked except if there was other implicating proof against the suspect. One silencer of facial acknowledgment is that of a weapon. A weapon is accepted to decrease the capacity of an observer to accurately distinguish a suspect because of the consideration been drawn from the culprits face towards the weapon/object (Steblay, 1992). In the official courtroom, this part of whether the observer gave a lot of consideration to facial highlights to have the option to accurately recognize a suspect turns out to be to some degree an issue. Onlooker declaration is â€Å"self-report† and can't be checked or cross referenced with different realities as it is absolutely mental and dependent on how well the observer accepts they have held adequate facial acknowledgment (Wells and Quinlivan , 2009). The certainty and sureness of an observer has been every now and again allowable in the criminal courts and the criminal equity framework has recently depended upon the onlooker surveying his/her own mental abilities. This has been altogether investigates as being conviction refrain precision (Wells and Quinlivan, 2009). In most of the exploration directed testing this, it has been discovered that the observer conviction has a moderate relationship with precision (Penrod, 2005) in this manner the criminal equity framework can't demonstrate whether the onlooker declaration is mixed up or right. At last there is the factor of target attributes. As recently expressed, facial acknowledgment is increasingly exact when of a similar race. Another factor however is that of uniqueness and whether the objective (suspect) has an unmistakable face. It has been investigate that extremely alluring or exceptionally ugly targets are simpler to perceive than normal looking faces (Wells and Olson, 2003). Changes in facial qualities additionally assume a job in whether an onlooker can review what they saw. Changes in the face that are of normal event, for example, haircut, and masks can significantly influence recog nition(Wells and Olson, 2003). As far as whether these kinds of observer accounts are to be utilized in the criminal equity framework is basic as a suspect ought not be sentenced exclusively on onlooker declaration however be utilized as an asset with other proof which may implicate the individual of intrigue (Sangero and Halpert, 2007). Mental research shows that observer declaration isn't generally precise; in this manner it ought not be utilized in the criminal justiceâ system exclusively as a bit of proof. To have the option to convict and sentence a suspect, in light of a legitimate concern for the courts other proof must validate such cases of blame. Factors, for example, occasion attributes, onlooker qualities and target qualities clarified in this paper show that observer te

Friday, August 7, 2020

Understanding Profitability Index Method

Understanding Profitability Index Method The profitability index is a ratio of an investment’s benefits to the cost involved in making the investment.It is an index used to measure the present value of future cash flow compared to the initial investment.This measurement is more of a prediction of the profitability of investing in a given project. It helps you or the company using it to decide whether to invest in a project or not.This index can be used by individual investors to make investment decisions.However, it is mostly used by companies which are about to venture into projects and they need to know their viability. It is also used to compare two or more different projects so as to decide which one to invest in.The use of the profitability index is in line with the need to maximize investments while lowering costs.As you make an investment, your goal is to gain significant returns which will offset the initial investment you put in.This is basically how you make profits from your investments.Other terms for the prof itability index are the Profit Investment Ration (PIR) and the Value Investment Ratio (VIR).When considering several investment-grade projects, the profitability index serves to rank the projects in order of best return on initial investment.This makes it easy for you to choose which one to go for.The higher the profitability index, the better the returns to be realized.PROFITABILITY INDEX FORMULASThe profitability index is calculated using several variables which depict different aspects of the investment.There are two different formulas used.Let’s look at them separately.Formula 1This is the more simple and direct formula. It uses the present value of future cash flow and the initial investment required.PI = Present value of future cash flow / Initial investment requiredThe present value of future cash flow seeks to understand how valuable the returns to be received are. This is based on the reasoning that $1 held today cannot be of the same value as $1 next year.This reasoning is true because the value of money never remains constant. This is not because the value can itself change but because its purchasing power can, and does, change.One of the biggest determining factors of the purchasing power of money is the ever-changing force of demand and supply. If the supply of a commodity is low, then the product becomes expensive.The amount of money you previously needed to buy the product is then no longer enough. Source: Hands on bankingAnother factor which indirectly affects the demand and supply while directly affecting the value of money is inflation.High inflation makes life expensive, thus the value of money goes down.These factors are what lead investors and companies looking for an investment to calculate potential returns.They need to know how much value the future returns will have if they were held today.Example calculationThe management of company A is thinking of building a new factory to supplement its current factory’s operations.They are projecting an increase in demand for their products. In order to be able to handle the new orders, they are considering this move.Since they don’t want to invest in a project which won’t provide good returns, they give their finance team some work. They are to calculate the profitability index of the new investment.The expected cash flow is $250,000 and the initial investment is $200,000. below is the calculation of the profitability inde x.PI = Preset value of future cash flow / Initial investment requiredPI = 250,000 / 200,000 = 1.25With a PI of 1.25, the project is worth undertaking. Any index greater than 1 is a sign of good returns.Formula 2The second formula requires more calculations to be done. It is shown below.Profitability Index Formula = 1 + (Net Present Value / Initial Investment Required)To use this formula, you will need to find the Net present value. The Net present value is arrived at by using the below formula.Net present value = Present value of future cash flow â€" Initial investment requiredExample calculationTo show how both these formulas give the same results, we will use the example from the first formula.With the initial investment being $200,000 and the present value of future cash flow being $250,000, here is what the calculation would be like.First, calculate the Net present value.Net present value = Present value of future cash flow â€" Initial investment requiredNet present value = 250, 000 â€" 200,000 = 50,000Now calculate the PI.PI = 1 + (Net Present Value / Initial Investment Required)PI = 1 + (50,000 / 200,000) = 1.25In other instances, you may have a list of the specific expected cash flows for every year the new project is to run. In that case, the same formulas stand, only that you will have a longer process to follow.This process adds another factor called discounted value. This is essentially the present value of the future amount.This is from the earlier-mentioned idea that the current value of money is not equal to its value later in time, e.g. 1 year later.Generally, money to be received later in time is considered to have a lower present value than money held in the present.Discounting therefore reduces the amount of money by a specific percentage.Let’s look at an example.Company X is considering an investment. In its calculations, the expected cash flow for the first 3 years are $70,000, $65,000 and $82,000. The initial investment is $120,000. To ca lculate the PI, we will first need to get the total present value of those projected earnings.Since the present value has to be a discounted amount of the figures, here is what to do assuming a discount rate of 10%.Present value = Estimated cash flow value / (1 + Discount rate) ^ nWhere n is the number of year in which the given cash flow amount is received.We will calculate the discounted values then add them up to get the total present value.Year 1: 70,000 / (1 + 0.1) ^1 = 63,636.36Year 2: 65,000 / (1 + 0.1) ^2 = 53,719.01Year 3: 82,000 / (1 + 0,1) ^3 = 61,607.81Total: 178,963.18With this as the present value of cash flow, we then calculate the Profitability index.Keep in mind that the Net present value is attained by subtracting the initial investment requirement from the present value of future cash flow, which is what we have as the total discounted amount (178,963.18).PI = 1 + (Net Present Value / Initial Investment Required)PI = 1 + ((178,963.18 â€" 120,000) / 120,000)PI = 1. 49We can verify this using the first formula.PI = Preset value of future cash flow / Initial investment requiredPI = 178,963.18 / 120,000PI = 1.49INTERPRETING THE PROFITABILITY INDEX VALUEBeing a means of telling which project is worth investing in, the profitability index gives a number which you need to interpret.Just as the ratio of the calculation is important, so is the interpretation of the same.There are three different values or value ranges you can get from any of the formulas you choose.More than 1 â€" a PI value of more than 1 means that the project is a good investment. It is a sign that you will get more than you put in for the investment. Any time you calculate PI and get a value of more than 1, then consider the project viable.Equal to 1 â€" when you get a PI value which is equal to 1, it means that the investment will give the very amount you put in. This is not a good project to invest in. When things are neutral, consider the chances of loss being higher than those of gains. Stay away from such investments.Less than 1 â€" any investment whose PI is less than 1 is a risky one. A value of less than 1 means that the returns are less than the initial investment. The project is a guaranteed loss-making investment. Run away.ADVANTAGES OF THE PROFITABILITY INDEXThe purpose of any formula devised to check investments for profitability is to provide guidance and assurance.Here are some good reasons as to why you should use the profitability index.Shows a project’s worthThe very nature of the profitability index will give you a good idea of the worth of the project you are looking to invest in.Being a ratio of the project benefits to investment cost, it cannot get clearer than this.This borrows from the concept of cost-benefit analysis.With this concept, anything you do has to be evaluated to find out whether the benefits outweigh the costs involved. Although the cost-benefit analysis is applicable in all areas of life, there is no situation better s uited for it than the investment world.Using the profitability index, you are able to see the kind of return you may get from an investment. The calculation process itself will give you helpful information and will force you to make some detailed considerations.For example, to get the estimated yearly cash flow from the project, you will have to do some math. This is different from other investment appraisals which consider the market rate and other external factors.Also, the calculation results have a clear way of showing whether a particular investment is worth your money.Accounts for risk involvedThe profitability index takes into account the ever-present risk factor which other formulas may not. Although the formulas have no variable called risk, the risk is factored in using the discounted valuation.When an expected cash flow is discounted by a certain percentage, this is the risk factor being taken care of.Those amounts get reduced depending on the riskiness of the investment. Thus a project which seems more risky will have the discount rate being higher than for the project which is less risky.The higher the discount rate, the more the expected cash flow is reduced. This gives an accurate picture of the true amount which can be practically realized as a return.This also helps in correctly comparing different projects so as to minimize the risk of making the wrong choice.Can help know how investment will affect the company’s value?Every move made by a company has an impact on the company’s overall value. If a company is expanding and the market indicates that this is a good move, the company’s value increases. If a company is involved in research and development and it announces a major breakthrough, its value will go up.On the other hand, if a company experiences a reduction in profits, its value goes down. If this happens for two consecutive years, stock prices get affected and investors may sell their shares.Something similar happens with new pro jects undertaken by companies. If it is a good move and it’s bound to increase their profits, the company’s total value goes up.In this case, the profitability index can help a company avoid getting into a situation which will affect its value. Since the index clearly points to the profitability of a project, it enables the decision-makers sustain their company’s economic status.Takes the time value of money into considerationThis is another big advantage of using the profitability index. Investors know that the value of money is not always the same over time.However, not many stock valuation and investment-analyzing techniques factor this in their calculations.Because of that, most individuals and companies only look at the expected rate of return.From this they cultivate the amount of money they will receive after the investment period is over.This happens even for long-term investments.The obvious danger in this is that the money will be received but its value will very lik ely be low. The money may not be able to do much.This means that the returns will actually be less than what they were expected to be.   The profitability index takes this into account and reduces the expected returns accordingly. This is done through the discount rate.This rate checks the risk factor of the investment.But at the same time, it looks into the approximate value of the money to be received in view of the time invested.As such, whereas other profitability formulas will tell you how much you can make, this one will tell you the same but give you a more accurate picture in terms of return value.Makes it easy to pick an investment projectWhen faced with multiple choices for an investment, this index will not only tell you which ones are worth considering but it also ranks them for you.Calculating the profitability index of various projects will give you their viability in straight figures.Just looking at these figures will help you decide which one to go for. You will lite rally know which is number 1, 2, 3 etc.Moreover, since you have access to the figures involved in terms of the expected yearly cash flows, you can decide which one is giving you the best returns.For example, you may be looking at projects A and B. Project A has a PI of 1.5 and over the span of 3 years, has expected cash flows of $115,000, $107,000 and $113,000. Project B on the other hand has a PI of 1.4 with expected cash flows of $235,000 in year one, $256,000 in year two and $248,000 in the third year.You will have to consider other factors playing out in your company’s decision-making process.With that, you might decide to choose project B which gives you more cash flow.The project might however be requiring a higher initial investment.DISADVANTAGES OF THE PROFITABILITY INDEXWith the above advantages, some disadvantages also exist.These are the limitations you will experience out of using the profitability index to assess investment projects.Some of these are discussed below.E stimated future cash flow cannot be guaranteedThe profitability index does a good job in analyzing the expected returns.Despite that, it cannot give a guarantee that those amounts it comes up with are what you will receive.Those figures remain to be estimates, albeit accurate estimates.It will thus be upon the company, or you who is working for it, to understand that the given figures could still change.The issue of estimated figures is common knowledge to investors although they still need to keep it in mind as they make their choices.Different projects can have the same PIPI is a great indicator of a projects profitability. But what happens when you have two or more projects with the same PI? Which one do you pick?This can happen when the calculations of the variables used in the formula match. For example, consider these two examples.Project A has an initial investment of $200,000 and the present value of future cash flow is $250,000. Project B has an initial investment of $400,0 00 with the present value of future cash flow being $500,000. Both these projects will have a PI of 1.25.Which one do you go for?This shows a shortcoming on this index’s side. If it cannot totally differentiate between options, then it might increase the difficulty of making a choice.In such a case, other considerations will have to be made.Cannot compare projects of different durationsIf you want to compare the profitability of projects which have different life spans, the profitability index would not be ideal.When projects run for a long time, their cash flow will provide some extra returns compared to those which run for a short time. Yet you might be able to only choose one project.This will pose a challenge and the PI of both projects may not be the best ratio to rely on.CONCLUSIONThe profitability index gives you an opportunity to determine the profitability of an investment. It helps you further by ranking the various projects you are considering, thus making it easier to choose one.As with other formulas though, it is necessary to remember that these formulas are just but guides.The real returns may vary.

Saturday, May 23, 2020

The Case Of Bp Oil Spill - 2287 Words

about the dangers of oil and how to clean it up in case it were to get released into the wild. Mitigation is the actions to reduce or eliminate the risks to people and property from such hazards and their effects (Haddow et al, 2014). This definition of mitigation seems to say that, when dealing with risks, they want to greatly reduce any dangers that might come with each risk, and want to save as many lives or property from severe damage or in some cases death. In the case of the BP oil spill, one mitigation would be so that no oil would get out and affect the ocean or marine life. Most oil rigs come with safety standards or protocols in order to mitigate any dangers it might have, to keep the marine life safe, and the safety of the workers on the oil rig. Here the lessons learned could apply to the BP oil spill to make sure it didn’t happen in the first place. In fact, the disaster could have been prevented through proper training, education, and exercises (Haddow et al, 201 4). Here we can see that the BP oil spill could have been prevented if the right precautions were put in place and had the people running the oil rig had proper training on how to handle an emergency if it were to occur on their watch. The disaster could also have been prevented through a series of preparedness. Preparedness is the capacity to respond to a disaster, crisis, or any other type of emergency situation (Haddow et al, 2014). This definition seems to say that, when we use preparedness, itShow MoreRelatedBp Oil Spill Case Study1237 Words   |  5 PagesBP Oil Spill Case Study Brooke Campbell Lander University ere several factors that contributed to the accident: †¢ Valve Failure: The pipe was sealed in two different ways. The pipe was filled with cement and it also had two different valves to stop the flow of gas and oil. 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Tuesday, May 12, 2020

Maintaining Professionalism in Schools Is Essential

Professionalism is a quality that every educator and school employee should possess. Administrators and teachers represent their school district and should do so at all times in a professional manner. This includes being mindful that you are still a school employee even outside of school hours. Honesty and Integrity All school employees should also be aware that they are almost always being watched by students and other community members. When you are a role model and authority figure for children, how you carry yourself matters. Your actions can always be scrutinized.  Therefore, teachers are expected to be honest and act with integrity. As such, it is crucial to always be honest about and up to date with all your certifications and licensures. Also, any kind of manipulation with other peoples information, whether it is physical paperwork or in a conversation, needs to be limited to the necessities. This kind of approach will help you maintain physical and emotional safety, which are also critical responsibilities of a teacher. Relationships Building and maintaining respectful and positive relationships with the key stakeholders are main components of professionalism. This includes relationships with your students, their parents, other educators, administrators, and support personnel. Just like everything else, your relationships should be based on honesty and integrity. Failing to make deep, personal connections can create a disconnect that might impact the overall effectiveness of the school. When dealing with students, it is important to be warm and friendly, while at the same time keeping a certain distance and not blurring the lines between your professional and personal lives. It is also key to treat everyone fairly and avoid bias or favoritism. This applies as much to your everyday interactions with your students as it does to your approach to their performance in class and their grades. Similarly, your relationships with coworkers and administrators are crucial to your professionalism. A good rule of thumb is to always be polite and err on the side of caution. Taking on a learners attitude, being openminded, and assuming best intentions go a long way. Appearance For educators, professionalism also includes personal appearance and dressing appropriately. It includes how you talk and act both inside and outside of school.  In many communities, it involves what you do outside of school and with whom you have relationships. As a school employee, you must keep in mind that you represent your school district in everything that you do. The following example policy is designed to establish and promote a professional atmosphere among the faculty and staff. Professionalism Policy All employees are expected to adhere to this policy and to at all times maintain professionalism such that an employee’s behavior and action(s) are not harmful to the district or workplace and such that an employee’s behavior and action(s) are not harmful to working relationships with teachers, staff members, supervisors, administrators, students, patrons, vendors, or others. Staff members who take a sincere professional interest in students are to be commended. The teacher and administrator who inspires, guides, and helps students can have a lasting influence on students throughout their lives. Students and staff members should interact with each other in a warm, open, and positive fashion. However, a certain distance must be maintained between students and staff in order to preserve the businesslike atmosphere necessary to achieve the educational mission of the school. The Board of Education considers it obvious and universally accepted that teachers and administrators are role models. The district has a duty to take steps to prevent activities which adversely intrude into the educational process and which could lead to undesirable consequences. In order to maintain and preserve the appropriate environment necessary to achieve the educational mission of the school, any unprofessional, unethical, or immoral behavior or action(s) harmful to the district or workplace, or any such behavior or action(s) harmful to working relationships with co-workers, supervisors, administrators, students, patrons, vendors, or others may lead to disciplinary action under applicable disciplinary policies, up to, and including termination of employment.

Wednesday, May 6, 2020

Issues in Testing Very Young Children Free Essays

Testing children has grown both more aggressive and widespread in recent times as concerning issues have arisen as to the pressure these tests and parents put into a child. In fact some kindergartens have been testing children before enrolling them. This might be appropiate for college but for children! In my opinion that’s just too aggressive teachers! Surprisingly this type of testing has occurred for a long time. We will write a custom essay sample on Issues in Testing Very Young Children or any similar topic only for you Order Now What’s really surprising is that this has been going on for the past 30 or so years ever since educational testing first became popular in the early 1900’s. However while noting that some early childhood testing were usefull, researchers have pointed out that tests tend to be more or less reliable at very early ages. This and other concerns have led to some changed in thinking and practice over the years. In 1998, a group of experts reviewed existing research and practice on the assessment of young children and recommended that: â€Å"†¦screening tests should not be used as readiness tests to exclude children from school; they should not be used to track children by ability in kindergarten and first grade; and they should not be used to plan instruction unless a valid relationship with local curricula has been established. † The cautions of the previously mentioned researchers resulted in the delaying of tests in most public schools until the 3rd grade. The 2011 No child left behind act required school testing in mathematics, reading/language arts and science, starting the third grade. Nonetheless, a number of private schools, including religious schools, do require entering kindergarteners to pass a test as part of their admission requirements. An example is N. E. S who require 4th graders to take a test onto which they place them later on in 5th and 6th grades in different mathematic sets. Furthermore at 6th grade, 6th graders are required to take another test of both English and mathematics to determine later levels in those areas in N. E. S’s high school also known as their ‘Senior’ department. What guidelines have been established for assessing young children? In 1998, the ‘goal 1’ childhood assessment resource group recommended to the national education goals panel the following guidelines for the assessment of young children: 1. Before age 8, standardized achievement measures are not sufficiently accurate to be used for high stakes decision-making about individual children and schools. Therefore, high-stakes assessments intended for accountability purposes should be delayed until the end of third grade (or preferably fourth grade). . †¦[prior to the third grade] policymakers at the state and district level could reasonably require that teachers and the schools have procedures in place to monitor student progress using instructionally relevant assessments, and that schools have a plan for providing intensified special help if children are having difficulty, especially learning t o read. The National Association for the Education of Young Children (NAEYC) offers a general rule for testing young children: The purpose of testing must be to improve services for children and ensure that children benefit from their educational experiences. † Specific NAEYC guidelines support the use of more than just test scores for assessing young children. They emphasize that decisions that have a major impact on children, such as enrollment, retention, or assignment to remedial or special classes, should be based on multiple sources of information and should never be based on a single test score. Resources: 1)NAEYC –http://www. naeyc. org/– 2)Wiki 3)Google How to cite Issues in Testing Very Young Children, Papers

Friday, May 1, 2020

Good life free essay sample

At the end of our lives, we all want to be able to feel as though the life that we lived on earth was a good and happy one. This seems like the ultimate goal that we strive for every day. However, the question arises as to how we can meet this goal by the way that we live our daily lives. If you were to ask random people on the street how they live a good and happy life, each person would give you a different answer. This is because everyone has a different perspective of what is important to make this life a good and happy life, and everyone has the control to make this life possible. What would I say if someone asked me how I plan to live a good and happy life? Personally, my answer would be that living a good and happy life would be living virtuously and living a meaningful life through my passion for helping others through nursing and also through my faith. There are many people that have studied these aspects of what a good and happy life would look like and have different views on what really defines what it means to live in a virtuous and meaningful way. According to the Stoics, their idea of virtue was moral goodness, doing what is right, just, honorable and wise, but I believe that being virtuous goes beyond being morally perfect. So, what does being virtuous actually mean to me? Being virtuous means consciously striving to do what is right, and learning from our mistakes, and continually growing to be a better person. In Joel Kupperman’s book, Six Myths About the Good Life, there is a quote that reads â€Å"There has to be a learning process; part of this inevitable will involve moral decisions, made by someone who is still inexperienced and who may be under pressure. I believe that making mistakes is part of our human nature, but that does not mean that we cannot be virtuous people. We can still live a virtuous life by learning from the mistakes that we have made. So, how does this view of virtue ensure that I live a good and happy life? Living a virtuous life require us to do what is right, and feel good about those decisions that we have made. It is important to learn from our mistakes, because in return, we will grow as people, and hopefully not continue to make those same mistakes. A life full of doing bad things, will only leave us with a life full of regrets at the end, but living virtuously will prevent us from living a life of regrets and in return will ensure a good life. Someone might disagree by saying that virtue is not important because anyone could live a good and happy life by doing bad things and stomping on the people around them for their own good. But, what is this person going to think at the end of their lives? What good did they do here on earth? That person would not look back at their lives as a good life and would ultimately not end up happy with it. Yes, I am sure this person was happy at certain points throughout their life, but the ultimate goal here is to end up with a good and happy life. A good and happy life means doing good things, and feeling joy through those good things that we have done. Aristotle believes that the most pleasant life, and presumably the happiest, is a life of virtuous or excellent activity. (Haybron p. 48) This means that a life of just doing good acts is just a part of the big picture. Doing good and also living a life full of meaningful and worthwhile activities is the key to a good and happy life. This leads into my second aspect of a good and happy life, which is living a meaningful life. How does one live a meaningful life? I believe that living a meaningful life means living beyond yourself, working towards something that has value to you and also to other people, and doing something that is worthwhile in the end. It means not just existing on this earth, but living a life that you would be willing to live over again. A quote from Haybron’s book reads â€Å"Any life devoted to worthwhile ends is meaningful. This means that doing something that will have worthwhile end results for not only you but the people around you is doing something meaningful. How does living this meaningful life make our lives good and happy lives? Living a meaningful life is ultimately living an emotionally fulfilling life. We will find pride and happiness in doing things that are valuable and meaningful to us, and will ultimately lead to a good and happy life. Haybron goes as far to say that â€Å"The full measure of happiness requires that we connect, in our lives, with what seems to us to matter. This means that we will not even experience our full potential happiness if we do not engage in meaningful activities. So, if a key part of a good and happy life is just doing something that is meaningful, then someone may argue that any useless activity that someone finds meaningful will lead to a good life. For example, someone who sits on the bathroom floor counting tiles because that is something that they find very meaningful and valuable, would not be viewed as someone who is living a good and happy life to most people. This concept of doing meaningful things then must go farther than just doing things that are meaningful to us personally. This is where Haybron talks about finding something that is not only valuable to oneself but also other people. A quote from his book reads, â€Å"The most meaningful lives will combine subjective and objective meaning: appreciative engagement with what genuinely matters. † The most meaningful life then must mean engaging in activities that have an equal balance between personal meaning and also meaning to others. Through my 20 years of age, I discovered what this meaning is for me. I plan to live a meaningful life by helping others through my nursing practices and also through my faith. Helping others and making a difference in their lives through the nursing skills that I have acquired, and also the knowledge that I share about my faith, is my passion in life. According the studies done my Mihaly Csikszentmehalyi people find the most pride and joy in doing activities that they can get caught up in. He refers to them as flow experiences, and explains that these flow experiences are important to our happiness. I completely agree with what this stands for. I find that my true happiness comes from when I am engaged in situations of helping other people; not only physically but also spiritually. The feeling that I receive by giving others a better life, is a feeling of happiness that I do not find in anything else I do. I could not fill my life with enough pleasures, relationships, or belongings to ever feel as though I would be living as good and happy of a life as I plan on living, without living out my mission and passion for helping others physically and spiritually. Although this is my plan to secure a good and happy life, this may not be applicable for everyone, but living a good and happy life is most definitely achievable. Like it states in our constitution, we have the right to life, liberty, and the pursuit of happiness. This does not entail that our happiness is given to us, but rather it is something that we have the freedom to strive for, and find the things that will ensure us this good and happy life. In regards to my own life, I find this attainable by living virtuously and by living a meaningful life through my passion for helping others through nursing and also through my faith. By living in such a way, I can live happily knowing that I am doing good and making a difference in people’s lives that will end in something that was worthwhile. Drawing from other readings and other’s opinions, I have been reassured that it is possible to live a good and happy life through just these two aspects of virtue and meaning. I plan to live in this way in hopes that when my life comes to an end I can believe that it was a good and happy life.

Sunday, March 22, 2020

Ridleys Sea Turtle Essays - Sea Turtles, Lepidochelys,

Ridley's Sea Turtle Sea Turtles Each species of sea turtle is distinctive in appearance and behavior, all sea turtles have certain characteristics in common the shell consist of a carapace (upper part) and plastron (lower part), which are joined together by cartilage called a bridge. in most species with the exception of the leatherback scutes cover the carapace. Like all turtles sea turtles have no external ears, they hear best at low frequencies and their sense of smell is excellent. Though their vision underwater is good, on land they are nearsighted. Sea turtles spend most of their time underwater but must come up to breath. During routine activities sea turtles can dive for about three to five minutes. Sea turtles can sleep for several hours underwater, but their ability to hold their breath is shortened by high activity and stress. This is why sea turtles drown in shrimp nets and other gear in a short time. Adult sea turtles sleep near rocks or under ledges. Hatchlings and juveniles sleep on the surface with their front flippers pulled back over the carapace. Kemp's ridley sea turtle (Lepidochelys kempi) Charming Tortoise of Kemp Ridleys are the smallest of the sea turtles. The Kemp's ridley is slightly larger than the olive ridley, measuring 24 - 28 inches in carapace length and weighing 78 - 100 pounds when mature. An adult is olive green on top and yellowish in color on the bottom, with a large head and powerful jaws. The carapace is circular to heart shaped. Hatchlings are dark gray and about an inch and a half long. Kemp's ridleys were first discovered and described in 1880 by Samuel Garman. But until the 1940's was not recognized as a species and was often confused with the olive ridley and the loggerhead. Confusion continued through the 1950's with many biologist convinced that the ridleys sea turtle was a sterile hybrid of the green and the loggerhead turtles. No one could find nesting beaches or an egg-bearing female. In 1963 an old film was discovered, made in 1947 by Mexican engineer Andres Herrera that showed nesting ridleys. The film showed an estimated 40,000 Kemp's ridleys nesting on an isolated beach now called Rancho Nuevo in Tamaulipas, Mexico, 200 miles south of Texas. Ninety-five percent of the population comes to the 17 mile strip of beach. The other five percent nest at the adjacent beach in Veracruz. No other sea turtle species goes almost entirely to one nesting spot to breed. The arribada (Spanish for arrival) of Kemp's ridleys in Mexico occurs at irregular intervals between April and June. Arribadas may occur several times a season. Male and Females congregate to mate off the coast of the beaches using wind direction velocity , lunar cycles and water temperature to gather is a theory. Once mated females wait for ideal conditions to come ashore. Conditions generally are high wind and heavy surf. The high wind cools stressed females and hides traces of the nest from predators. Mass nesting is thought to be a predator swamping where females and hatchlings will die but many more will survive. Herrera's film is now being used as a base line to measure the rapid decline of Kemp's ridleys since 1947. forty thousand turtles declined to two thousand in 1966. In 1966 Mexican officials set up its first camp to monitor and protect turtles from egg takers. In 1977, Rancho Nuevo was declared a National Reserve by Mexico. Programs were developed to help protect turtles from poachers and predators. Now eggs are moved to protective enclosures to decrease the death to predators. Every year 50,000 hatchlings are released each year. Even with these programs nest counts in 1993 showed that there were only 400 nesting females. These small numbers result in broken up arribadas into small groups and solitary nestings. The remaining females lay fewer than 1000 nest each year. The range of Kemp's ridleys is limited for the most part to the gulf of Mexico where adult forge for crabs. their favorite is blue crabs that share the same habitat as shrimp. So ridleys sea turtle is often caught in shrimp ne

Thursday, March 5, 2020

Explaining Different Case Studies Types - Paperell.com

Explaining Different Case Studies Types Explaining Different Case Studies Types The programs of education in colleges and universities are so diversified and complex today that modern students face a bigger number of challenges and assignments with every new semester. Today, obtaining a higher education means challenging yourself, pushing it to the limits, and, of course, dealing with various written tasks. Often, exactly these written assignments cause the biggest stress to students. Not only such assignments are quite boring, they also take too much time and require a person to possess a huge number of skills including researching, writing, analyzing, and critical thinking. Not mentioning that you have to understand the topic well.Among all other academic papers, a case study is one of the most complex ones. Although students are assigned to complete such projects much rarely than, for example, an essay, when this time comes, there is no way you can avoid confusion and various problems. What are the key issues that you can face? Pretty much any, but the bigges t one is lack of experience with such papers.Types Of Case StudiesBeing one of the biggest and most time-consuming projects that a student can be assigned to complete while studying at college or university, a case study often frightens young researchers by its volume and a big number of requirements. What makes things even harder is that there are several different types of this paper that you have to be aware of. Every type has a different purpose. In addition, case studies may vary by subjects and objects of the investigation.To maintain good academic performance, a student should be able to handle various types of case studies, understand how they differ, and know what structure or purpose each should have. Below you can find a list of this paper’s kinds with a detailed description of each that should help you understand how to complete any of them.InstrumentalThe purpose of writing an instrumental paper is to use a particular case in order to understand a specific phenom enon. What does it mean? Unlike some other kinds of this assignment, an instrumental study does not aim at exploring a subject, instead, it focuses on the relationship between the chosen subject and a related phenomenon.ExploratoryThis type is especially popular in various social sciences. The goal of such work is to prove that there is a necessity to continue the investigation of a particular problem and prepare the theoretical base for it, and that is why it is often used as a smaller research conducted before a larger formal work. For example, a psychologist wants to find an alternative way of treating schizophrenia, then an exploratory case study is the best way to detect the prospects of his theory. After such an investigation, he can realize the uselessness or potential of the initial idea.IntristicUnlike the instrumental, the main interest of the intristic paper is the object of the investigation itself and thus, if you receive this kind of task you should focus on the chosen or given subject, its experiences, feelings, characteristics, etc.ExplanatoryThis is the most widely-used kind of work that can be assigned to students of various faculties and, as you can understand from its name, the only goal you have here is to explain a phenomenon, problem or question to the reader. As a rule, the subject of such investigation can be any except people or groups of people; otherwise, it can be an event, theory, issue, phenomenon, etc. This is also the easiest format of such work. Since the purpose of the task is to give a definition to something, there are no results that have to be interpreted, so the only thing you will have to do is to choose your subject, explore it and give a clear explanation.Collective or Multiple-CaseThe main distinctive feature of such works is that the cases for them are formulated based on the data borrowed from different studies prepared by other researchers. This type of case study exists simply because it allows a researcher to ob tain all the necessary materials for his scientific work without wasting efforts, money or time on conducting an individual investigation.ConclusionThese were the five different types of case studies. With this information you should have a better idea of how to deal with each of them, what method of investigation to use, and what focus to make in your work. It is important to note that although these papers have different subjects or purposes, the structure of each will usually be the same, which makes it a bit easier, especially if you didn’t have a chance to gain much experience with such assignments yet.Without a doubt, it is a tedious work regardless of the type. Such projects require being attentive to details, applying all your efforts to conduct an in-depth research, approaching the task seriously, devoting enough time for its implementation, and following the given guidelines. Not mentioning that it requires being well-versed in your field of science. Therefore, comp leting such assignment can be quite difficult for some students, while others can be able to handle it but likely will waste too much time on it. Luckily, you can enlist effective case study writing help from the writers whose experience and professionalism will allow you to get the highest assessment with ease and without wasting too much of your precious time!

Tuesday, February 18, 2020

Justifying Frances Demands during the Two World Wars Essay

Justifying Frances Demands during the Two World Wars - Essay Example Given her diminished state, France's demands in treaties following each of the two world wars in the 20th century is of no surprise. Thus, as this essay will argue, France's demands during World War I and World War II are essentially similar, and based on similar justifications - the fear of a German threat, worsened by the concern that her allies will not come to her aid, and the inevitable need to embark on economic reconstruction after the war - all of which shaped France's stance during post-war negotiations. In January 1919, the victorious powers after World War I, led by President Woodrow Wilson of the United States, Premier Georges Clemenceau of France, and Britain's Prime Minister Lloyd George began negotiations for what will later be known as the "Treaty of Versailles." The main goal of the treaty is, at the very least, to ensure the stability of the international system after the war (Treaty of Versailles, Article 1). ... Thus, what justifications did France have for such demands First, it is of no surprise that France, after both World War I and World War II will demand guarantees for its security justified by the fear of a possible German attack. In the case of World War I under the Treaty of Versailles, this fear is based on the fact that towards the end of the war, France is in no position to defend itself from an attack, be it Germany or another country because of the massive destruction left by the war rendering France defenceless. As Pitman Potter points out, "in case of a German attack, there can be no doubt of the reality that of the fear of such an attack on the part of the French" (1919: 666). In addition, with regard to the territorial arrangements along the Rhine, France's fear is justified because Rhine is a strategic location for France against a German invasion (Finch 1933: 727). However, what is unique about France's fear of Germany, at least after World War I is based on France's historical experience. As Potter notes, Though the need for French fear of a repeated German attack seem slight from this distance, the state of feeling in France - even in Government circles - is determined more by the facts of 1870-1914 than by the facts of 1918-1919. (Potter 1919: 665) Where during such time, France has experienced, and is still experiencing, a significant decline in its population compared to Germany. According to a census comparing French and German military manpower, the military manpower of the two countries began to display a steadily widening gap after 1870, despite the increasing rate of immigration in France such that by 1911, there existed a 3 million gap between the two countries in favour of France (Population Index 1946: 75).

Monday, February 3, 2020

Development and new trend of holography Essay Example | Topics and Well Written Essays - 2000 words

Development and new trend of holography - Essay Example It can refer to either the encoded objects or the resulting image. A holographic image can be viewed shinning a laser via a hologram and projecting the reflection onto a display or by looking into a lit-up holographic print. A hologram appears to be an indefinable pattern of whorls and stripes, but, once shone on by a coherent light such as by a laser beam, it configures the light into a three-dimensional image of the primary object (Hannes & Michael, 2008). Holography is founded on the principle of interference, whereby, the inference pattern between two or more rays of a coherent light, that is a laser light, is captured by a hologram. Here, a single ray is illuminated directly on the recording mean and operate as a reference to the light dispersed from the lit-up scene. Hence, the hologram captures a beam as it interests the entire part of film, which explains its description as a window with memory. A holographic film physical medium is quite photosensitive that includes a fine grains structure. Some of the most used materials include dichromate gelatins, photopolymers and silver-halide emulsions and all have varying characteristics and entail dissimilar processing (Hannes & Michael, 2008). A hologram is the documented interference pattern of constructive, intensity peaks, and destructive, elimination, of the covered-up light wave fronts known as the electromagnetic field. With a coherent light source and a definite geometry or a short pulse period, the interference pattern is at a stands till and, hence, can be recorded into the hologram’s photosensitive suspension. Afterwards, the hologram is chemically developed to a point where the suspension acquires a modulated density, which freezes the inference pattern into fringes. When observing the modulated structure under a microscope, it appears different in comparison to the image encoded within. The density fringes are a scattered pattern of wave front

Sunday, January 26, 2020

Procurement Routes in Construction

Procurement Routes in Construction The main purpose of this report is to evaluate key procurement issues that the client has to consider in selecting an appropriate procurement route for the rapid reconstruct of three hotel building project. We have analysed four kinds of procurement routes such as traditional procurement route, design and build procurement route, management contracting procurement route and construction management procurement route. After the analysis, we have chosen a most suitable method to meet our objective, in terms of cost certainty, construction within the planned period and quality of the building. Also, creating a sparkling and luring environment for hotel guests in the near future. We too have considered the economic benefits as such if the hotel re-opened on time within the budgeted cost, we can also recover the investment costs as soon as possible. Therefore we have recommended the design and build procurement route for this project. Introduction In construction industry, many factors cause the results of the project. The right procurement route is one of the factors to achieve project successfully. In order to select best procurement route, we need to analyse clients background, objective, project requirements, technical complexity of the project, construction risk (cost, time and design/quality) and etc. Analysis Client Background Cinnamon Grand is a privately owned large hotel chain in the UK. They offer comfortable accommodation across the UK and are committed to preserving their rich heritage. They are very passionate about the outlook of their hotel buildings and they are experienced at renovation of buildings. But they have lack of in-house executive who is either experienced enough or enable to devote sufficient time in advising the reconstruction of their properties. Project Requirements As the hotel has planned to reopen on the 1st April 2015, we have started planning for the project on August 2012 and construction will be started on 1st March 2014. Lastly, the hotel will be handed over to the owner latest by 28th February 2015. Reconstruct in two phases Phase 1 Rapid reconstruction for the main areas of the hotels such as swimming pools, roofs, restaurant and guest rooms, which allows the hotel to be re-opened for business within a period of 12 months (from 1st March 2014 to 28th February 2015). Phase 2 Newly construction of some facilities such as health and fitness centre, conference and meeting, rooms dance studios. High technology multimedia facilities with air conditioning shall also be provided for conference and meeting rooms. During construction, good service will also be provided to hotel guests. Quality of the buildings is also important. The new constructed hotel must create sparkling and luring environment that can be enjoyed by all hotel guests. It has to match the existing hotel or even better which allows the former magnificent look to be brought back. Design requirements Design quality should at least match the existing hotel or even better. The tender document submitted by the tender contractor should include scope of works, construction methods, programming, management methods, availability of resources and costing. The material application will submit through template or sample and requires strict inspection and approval by client. Contractors typical design proposals require approval by client, due to client experienced in the renovation of buildings. Client requires retaining the ancient architectural style- rich heritage for the external features of the hotel Using green materials in order to lower impact to the environment. For example: using green roof. Demolitions works will minimize the damage to the building when using suitable method. Maintenance proposals should be done during the preparation time (from August 2012 to 1st March 2014). Good construction planning and planning should include safety, environmental and health issues and solution. Especially during the phase 2 constructions, the normal business of the hotel will not be affected by the construction. Hotel guests will also not be subjected to the influence of the construction. Client Objectives To complete project within the budget of  £120 million by choosing the best possible procurement route. To complete the building within the planned schedule. To enhance the quality of building and facilities provided, creating a sparkling and luring environment after renovation of the building During phase 2 constructions, good service must be provided to the customer. Analysis of the Procurement Route There are three generally accepted standard approaches to construction procurement in the UK construction industry: traditional procurement; design and build procurement and management procurement (management contracting and construction management). Different procurement route has different approach. Hence, we will analysis the traditional procurement, design and build procurement, construction management and management contracting. 3.4.1 Analysis of traditional procurement route The clients consultants will complete fully the design before contractors tender. Then the tender will be usually awarded to the contractor with the lowest price. Advantages Good design quality due to design completed by clients consultants. Client will choose the lowest tender price as contractors will tender based on the same information given. Procedures well known by both party Disadvantages Long preparation time, due to design fully completed by clients consultants before tender. Construction will only start on site upon the completion of the design. Client is fully responsible for the design risk Risks Lump sum contract will bring the cost risk to low risk as same information given by client. As for fixed contract date, the contractor might have the right to claim for extensions due to design or contraction issues, therefore it is medium time risk. As design quality control by clients consultant based on clients requirement, therefore it reduces design risk to low design quality risk. In conclusion, traditional approach is suitable for inexperienced clients or occasional construction clients and project without critical time requirements. It is not suitable for some large and complex project which requires advanced management systems, structures and skills. 3.4.2 Analysis of design and build procurement route The design and construction is undertaken by a single contractor for a lump sum contract, which allows overlapping. Design is not fully develop by contractor before the contract is awarded. Advantages Single contact point due to contractor is responsible on design and construction. Early start and shorter project duration due to design and construction is overlapping. Client can control project cost due to lump sum basis. Disadvantages Tender need to be awarded before design fully complete. Client has the difficulty to prepare the adequate brief. After the tender has been awarded, changing of design can be expensive for the client. Risks Lump sum contract will reduce the cost risk to low risk. Design and construction can be overlapping; therefore it is a low time risk. Design and build contractor is responsible for the design, if clients design requirement is not clearly indicated, then maybe it is a high risk for design quality. Therefore Design and build approach is suitable for all clients including inexperienced or client requiring cost certainty and fast track projects. Not suitable for complex or high quality buildings. 3.4.3 Analysis of construction management procurement route Construction Management, in which the design is developed by the Employers consultants and construction commences before the design is complete. A fee-earning consulting Construction Manager works for the Employer to define and manage several Works Packages, each representing a specialised or functional aspect of the project. Advantages Shorter overall project duration Clarity of roles, risks and relationships for all participants Client requires late design change easily due to contact awarded by different package Disadvantages Client doesnt have control on cost. Need a good quality project team to manage the project. Needs effective control of time and information. Risks Actual cost will only be known until the last package is awarded, so cost risk is medium. Because job is awarded by individual package, so does not has the main organisation to overall control the construction time. Therefore time risk is considering as medium risk. Project done by individual specialist contractors to reduce the design risk to low risk. Construction Management approach is suitable for experienced clients, fast track projects, complex building and not suitable for project requiring cost certainty. 3.4.4 Analysis of management contracting procurement route Management Contracting, in which the design is developed by the Employers consultants and construction commences before the design is complete. A Management Contractor is appointed early to let elements of work progressively as a series of trade or package contracts (called works packages). As with Construction Management, the final cost can only be determined when the last packaged has been let. Advantages Overall project duration shorter Client requires late design change easily due to contact awarded by different package Work packages let competitively Disadvantages Poor cost certainty, client will only know the final price till the last package been awarded. Need a good quality project team to manage the project Need a good quality brief to every works contractor, if not the case, contractor may not make client requirement. Risks Actual cost will only be known till the last package is awarded, so cost risk is medium. The total construction duration is a consequence of package selection. Therefore time risk is considering as medium risk. Project done by individual specialist contractors to reduce the design risk to low risk. Management contracting approach is suitable for experienced clients, fast track projects, complex building, and fairly large project. It is not suitable for project requiring cost certainty. Conclusion No procurement route is best suited in all circumstances. We can only base on the key elements and to select a most suitable procurement route. Time within planned schedule, cost certainty and quality of the building are the key elements we need to consider in this project. Both traditional and design and build can achieve clients objective of cost certainty. Management contracting, construction management and design and build can achieve clients objective of time within planned schedule. Management contracting, construction management and traditional can achieve clients objective of quality of building. Based on above analysis, out of 3 key elements we only can choose two most important elements as following:- Cost is the first consideration. Both management contracting and construction management procurement routes, the cost can only be known till the last package is awarded. But due to client concerns for cost overrun, they want to know the cost before project start. So both routes are not recommended. Time is the second consideration. Hotel must be re-opened on 1st April 2015. As only 12 months is given for phase 1 construction and the opening before the tourist season has a great impact on the hotel business, therefore traditional is not suitable for fast track construction. Design and build is well suited to warrant maximum price contracts and design and construction overlapping. This will involve considering return on capital investment, the likely benefits to operational efficiency or income flow. So we are not considering using traditional in this project. Quality of the building is the third consideration. It is generally felt in the construction industry that quality is the first thing to suffer in design and build contracts. However, the evidence does not support this. Quality of the building is the result of how we management the construction process. There is no correlation between procurement method and perceived quality of the product. After consideration, we will recommend design and build procurement route for this project. The appointed contractor is responsible for the design, documentation and construction of the project, based on the client project brief and requirements through lump sum cost. So the speed of construction is faster and the client will know the costs of the project earlier. Whether the quality of building can be achieved, it is depending on how well our project requirements have been defined and delivered. Project manager will be responsible for co-ordinated design and construction programme. This may considerably reduce revisions after contract award and minimise possible interferences. All team members must build up well communication channels, to solve the problem as soon as possible when construction is going on. Referencing John Murdoch and Will Hughes (2008), Construction Contract Law and Management, Fourth edition School of the Built Environment  © Herriot Watt University (2012), Procurement Contracts Task 2 Option A Discuss the liability of Alexander Contractors to the Employer for the additional costs that the Employer had to incur as a consequence of being required to employ a more expensive tenderer to carry out the construction project. Discuss the Clerk of Works power to issue a Direction as detailed in the given scenario and its implications on the loss and expenses incurred by the Contractor. Detail the possible claims with respect to the given scenario, the main facts that can be included in the claims and the contractual provisions available to substantiate the claims according to the JCT Standard Building Contract With Quantities 2005 Edition (JCT SBC05) Revision 2 2009. If you were the Contract Administrator prepare a report outlining your assessment of the Contractors claim including the process you have followed, the pertinent issues of the dispute and the contractual provisions relevant.

Saturday, January 18, 2020

“Of Mice and Men” By John Steinbeck †Coursework Essay

â€Å"Of Mice and Men† was set in the 1930’s in North California. This was a time of economic hardship due to the Wall Street Crash. Men were forced to leave their families and find work on ranches. Pay and working conditions were poor. Men scraped by, spending any extra money they had gambling or in one of the many whore houses. This is where Steinbeck drew his inspiration from; he spent time on the ranches experiencing the hardships experienced by the workers. The book is about these workers and the extremely lonely lives they led. It also exposes underlying themes of racism and how badly the disabled were treated. This was a time when people looked after number one, as there was nobody else to do this for them. The two main characters are somewhat different, as they travel and work together, looking out for each other. This was very unusual because life would have been hard enough without the extra responsibility of looking after another person. The two main characters have just been evicted from their work in a town called â€Å"Soledad† (which means loneliness). They are the only people in the book whose names Christian names are actually used. It shows that nobody makes the effort to make friends enough to be on first name terms. This is symbolic of the loneliness of each of the characters and shows how unusual the two main characters are. The two main characters are called George ands Lennie. There is very little information about them in the book. They work for their keep on the ranches. Lennie is slightly brain damaged and has a very limited memory. He is an enormous man and Steinbeck often compares his actions with those of a large, clumsy animal using similes and metaphors: â€Å"Dragging his feet a little, the way a bear drags his paws.† These are intended to subtly give the reader the impression that Lennie is big and clumsy, like an animal that does not know its own strength; â€Å"Lennie dabbled his big paw in the water.† George is exactly the opposite of Lennie. He is small, dark and quick, and is cautious about his surroundings; â€Å"The small man stepped nervously†¦Ã¢â‚¬  George is always on the look out and he knows how to look after himself. The town they had just come from was called â€Å"Weed† which could signify that they were unwanted, like a weed, there: they were forced out of there because Lennie made a mistake. He had grabbed a woman and she said that he had raped her. George is very much the dominant figure in the relationship and makes all the decisions. At the very start you can tell this because Lennie copies George in the way he looks and acts; â€Å"Lennie, who had been watching imitated George exactly.† This suggests that Lennie looks up to George and wants to be j ust like him. This is quite sad really as he has ended up nothing like him. Lennie hates to make George angry, like a dog that hates to make his master angry. George feels responsible for Lennie. He is like a father figure to him, and he knows that Lennie would never be able to survive without him. He feels a sense of duty because â€Å"Aunt Clara† told him to look after Lennie. The other reason they travel together is George, though he doesn’t like to admit it, enjoys Lennie’s company and he doesn’t want to let go of the â€Å"American Dream†. They share the dream of owning their own place with a few animals; â€Å"livin’ off the fatta’ the lan'†. George knows it is very unlikely to happen but Lennie still believes and always likes to hear the story of â€Å"how it’s gonna be†. This is painful for George and he is reluctant to talk about it. You can tell it is important to Lennie because he forgets anything he is told but he re members the dream. George and Lennie are always dreaming of the future. When George and Lennie arrive on the ranch, the ranch hands and the boss are suspicious of their relationship. They suspect that George is taking Lennie’s stake for himself; â€Å"I said what stake you got in this guy? You takin’ his pay away from him?† They cannot see why someone else would travel with someone who would restrict them unless they were getting paid. They are lonelier than George and Lennie, and have no real concept of friendship. Despite having Lennie as a companion, George is also lonely. He is alone in his responsibility for Lennie. In a way it is more like speaking to an animal than a human when speaking to Lennie because George knows that whatever he says to him will be forgotten and mean nothing. From the very beginning we get a hint of this by the way Lennie is made to seem more like a responsibility than a friend to George. Lennie is made to seen like an animal, â€Å"like a terrier that doesn’t want to bring his ball back to his master†, maybe signifying that he is like a pet that always needs looking after. Steinbeck also uses George playing solitaire as a metaphor for his loneliness; â€Å"George cut the cards again and put out a solitaire lay, slowly and deliberately.† George lays the cards out like he has done it many time’ before. Solitaire is a single player game (and solitaire is derived from solitary), this shows that Lennie is not capable of acting like an adult and so George must play on his own. George is held from having his own life by the responsibility of caring for Lennie. He continuously tells Lennie how life would be without him; how he could have a girl and a decent job: â€Å"God a’mighty, if I was alone I could live so easy† The truth though, is that George would be even lonely without Lennie. It is ironic at the end of the book that George should be so upset by the death of Lennie, because then he realizes that he will have to spend all the rest if his time alone. You never know what you have until it is gone. One of the ranch workers, Candy, features heavily in the book. He tries to join the friendship of George and Lennie. Candy is extremely lonely. He has been working on the ranch for many years and due to his disability. He is unable to leave because he knows that no other employer would take him on. The only reason he has got work now, is that he suffered the injury to his hand on the ranch. He has seen many men come and go but he cannot move on. Candy knows he will probably die on the ranch. Candy is very talkative because he is so eager to make friends. He warms to this gossip because he on his own when all the workers are in the fields. As soon as he meets George and Lennie he engages them in conversation, hardly letting them speak. He lets out all the opinions, about Curley and his wife and the other ranch hands that he has formed and never had anybody to tell them to. In fact the only sort of a friend he has is an old dog. The dog is old, has no teeth and it stinks. The dog is used to symbolise Candy: old and useless. The dog is also used as a foreshadowing device for Lennie’s death. When Carlson tells him that he should kill the dog he tries to stop him by making up excuses: â€Å"Maybe it’d hurt him,† and tries to put the inevitable off; wants to spend just one more day with the dog by killing it in the morning. The only reason Candy had left to live was the dog so in a way Carlson killed a part of him. The dog is also used as a second foreshadowing device for what George has to do to Lennie in the conclusion of the book. Lennie, unlike the dog, however will be killed by the only person he trusts in the world. This will come from the pressure of other people. In the early 20th Century, blacks were heavily persecuted because of their colour. The stable buck is called Crooks and is discriminated because he is a black; â€Å"S’pose you couldn’t go into the bunkhouse and place rummy ’cause you were blackà ¢â‚¬ . He is kept apart from the other ranch hands because of his race. He is very nervous when Lennie enters his room. This is because crooks has his own living space away from the other men. The only people he sees are probably going to insult or hurt him so he is immediately on guard when someone comes in to his room. He is also discriminated against because of his crippled back, which means that he can’t work in the fields like the other men. Crooks reveals his past to Lennie in his barn. The irony that his father used to own his own ranch and once he used to lead a comfortable life must be extremely painful for him to relive when he thinks about his present lonely self. That is probably why he is so bitter towards the other men who are treating him so harshly. Crooks is always dreaming of the past; â€Å"Remember when I was a little kid on old man’s chicken ranch.† The other men would probably dream of having their own space but Crooks is so lonely he would rather be with other people; â€Å"A guy needs somebody to be near him.† All Crooks has for company is a small collection of books that he reads over and over again. It must be very lonely being on your own all the time when he thinks about what it had been like when he owned his own ranch. Sometimes he almost goes crazy with loneliness; â€Å"Maybe if he sees somethin’, he don’t know whether it’s right or not. He can’t turn to the other guy and ast him if he sees it too,† He is only admitting this because he knows that Lennie is not listening, and even if he was, he couldn’t remember and repeat what was being said anyway. Crooks is proud and doesn’t want to admit that he is lonely or that the men are getting to him by calling him names and abusing him, â€Å"If I say something, why it’s just a nigger saying it.† When someone calls somebody something enough times a person will start to absorb the names and start to believe that there is some truth to what the person is saying about them. Crooks is treated like an animal. One Christmas time they â€Å"let† him into the bunkhouse and made him fight. The word â€Å"let† is used like letting an animal in for a treat. He then leaves after his fight, for his own room. The men just use him as entertainment. His life is always under threat because he means nothing them. Curley’s wife plays a very prominent role in the book as she brings the death of Lennie and herself. She is not given a name through the whole book. This signifies how little everyone thinks of her. She is referred to as â€Å"jail bait† and â€Å"slut† by all the ranch hands. This is due to the manner she has adopted to befriend the men. She constantly flirts with any man she meets and being pretty at the same time, she is bound to get herself into some sort of trouble. She acts like this because she is lonely and it is her way of attracting attention to herself. The problem is that all the workers are afraid to talk to her because they fear what Curley would do to them if they did. Curley is always looking for a fight to show how much of man he is. If he got just the faint scent of her cheating on him he would fight. Nobody want to get on the wrong side of Curley because they know he is a good boxer and because he is the boss’s son he can probably get anyone â€Å"canned† if he wants, In reality, Curley’s wife doesn’t actually like Curley and even admits to Lennie: â€Å"I don’t like Curley.† She married him to show her mother that she could be independent and to get back at her for the letter that could have been her big break that she thinks her mother stole. Curley’s wife is dreaming of what could have been, how she could have been in the movies and what a lifestyle she could have had. The marriage between Curley and Curley’s wife is not based on love but on sexual attraction Curley’s wife is also very lonely, that is why she is always skulking around the bunkhouse with the men. She needs someone to talk to; She uses the excuse that she is looking for her husband. In the end her loneliness is the end of her when she tries to talk to Lennie (much the same way as Crooks let out his thoughts to him). The climax of the book starts in the barn. The scene begins with Lennie worrying about his puppy which he has just killed accidentally. Curley’s wife enters, as usual looking for someone to talk to. She begins telling Lennie her life story. All through the book she has been portrayed as a spiteful woman; â€Å"foolin’ around with other guys, causin’ trouble.†, but here her true character comes out. Lennie ends up telling her about his love for soft things so she lets him stroke her hair. The other men can resist her charms but Lennie is not clever enough to know. Lennie strokes it a bit too vigorously and her panic affects Lennie. He breaks her neck by accident, then thinks that if he hides the puppy, which is used as a foreshadowing device to Curley’s wife’s death George will be more likely to let him tend his precious rabbits. This is sad and ironic, as Lennie cannot grasp the enormity of the thing he has just done. Curley’s wife seemed peaceful after her death; â€Å"the ache for attention were gone from her face.† She was realised from her prison on the ranch and was now free and happy. When George hears, he despairs, for Lennie has ended their chance of achieving the impossible â€Å"American Dream†. One of the themes of this book is certainly loneliness. The people are segregated into groups. Age, disabilities, race and sex separate many people. Also the time of economic hardship forced men to look after number one. It made it very hard for the men to form friendships as they have very few responsibilities. The book is about the unusual friendship of George and Lennie who have nothing in common with each other apart from they share the American Dream. That is all that keeps them going. It is extremely sad when George is forced to kill Lennie because he was all that George had left. It was ironic because George had always spoken about what life would be like without Lennie; how he could be free. Now he had his wish he was devastated that he had had to kill the only friend that he had in the world.

Friday, January 10, 2020

Influence of Management Style on Creative Firms

Contents Contents2 Introduction3 Section One4 Management styles in creative firms4 Section Two6 Benefits and reasons of having a suitable management style6 Section Three8 Alternatives and comparisons8 Conclusion10 Reference Page11 Introduction By the definition from the book written by Howkins (2001), creative economy includes advertising, architecture, art, crafts, design, fashion, film, music, performing art, publishing, research and development, software, toys and games, television and radio, and video games.Nowadays, creative industries have become an important economic role in many developed countries, for example, America, United Kingdom, Canada, Japan and Hong Kong. Take United Kingdom as an example, department for culture, media and sport (DCMS, 2010, p. 6-8) states that the creative industries contributed 5. 6% to Gross Value Added (GVA) in 2008, excluding Crafts. In addition, DCMS also lists that creative industries provided 2. million jobs in the summer quarter of 2010 in Great Britain. Last but not least, creative industries exported 17. 3 billion services in 2008. Based on the statistics above, it shows that creative industries have a great contribution in British economy. Since creative industries are becoming more and more critical in a mature economy, it is fascinating to figure out what essential factors can lead creative firms to be successful.As a result, I decided to evaluate the factors that influence the management style for a creative firm since I am interested in business management and it would benefit my future studies in university This essay is mainly concentrated on the management style using in creative industries, the benefits of the management styles, and evaluating the connection between the successes and particular management style. This essay is divided into three sections. Firstly, the management tyles using in creative industries will be stated and discussed, the aim of this section is to find out the management styles in mo dern economy and hence, can be studied deeply in the section two. In section two, the benefits and the reasons of using a particular management style in the creative industries will be evaluated. The idea of this section is to work out the influence of management style on creative firms. Finally, in section three, alternatives of management styles and comparisons will be commented. In this section, different management styles can be compared; therefore the pros and cons can be accounted.Section One Management styles in creative firms In order to analyze the role of management in a creative firm, I am going to provide several management styles in some famous creative firms. By understanding the intermediates of the management styles, the importance of management for a creative firm can be figured out. In addition, we are going to go through some successful creative firms in the world for evaluating the elements of their successes, and try to make a connection between the achievements and the critical management styles.Media is the first example I am going to discuss. Howkins (2001) mentions that, media belong to the sort of creative economy. So the management style using in a media company does reflect the function of management style in creative firms. Bilton (2007, pp. 67-69) states that in 2000, there was a huge change of management style at the British Broadcasting Corporation (BBC). Before the succession attempted by Greg Dyke, there was a straight management style in the BBC by the pervious director general, John Birt.Bilton (2007) claims the management of Birt as old fashion since the structure in the BBC was a tall organization structure before 2000, which means that the management structure within the BBC was a tall hierarchy. Decision-making was from the top of the board of directors down to the employees. In addition, Bilton states that there was a â€Å"strategic centralization† inside the BBC. It means the board of directors had the absolute power in the BBC. Based on the example provided by Bilton, it is not difficult to see that the management style in the BBC was autocratic management.After the succession, Greg became the director general and there was a huge change in management style at the BBC. Bilton claims that as a new management style for the BBC. Describing by Bilton, Greg was a program-maker and the first thing he did after his arrival was making the BBC a more inspired and interesting place to work. All the employees were encouraged to give new ideas for perfecting the BBC. Under the entirely new management style, the employees were more willing to contribute their ideas to the senior managers.Bilton comments the Greg’s management style brought the BBC a new working culture and made the BBC â€Å"the most creative origination† in the world. Another example I am going to give is a software firm, Google. Larry Page and Sergey Brin founded Google Company in 1998. It has become one of the most su ccessful software companies in the world by having more than 25,000 employees and valued at more than 150 billion US dollars (Jackson, Schuler and Werner, 2009, p. 3). Jackson, Schuler and Werner mention in their book that the management style, especially human resource management, appears as a critical factor in the success of Google.They show that the managers in Google highly respect the employees and provide as much as they could to the employees in order to stimulate their creativities. One of the evidence is that there is only five percent voluntary turnover rate of Google employees per year (Jackson, Schuler and Werner, 2009); also, Google was the top five in the ranking of â€Å"the top 100 best companies to work for† in 2011 (CNN, 2011). Last but not least, Jackson, Schuler and Werner state that there are more than 1 million people apply to work at Google every year.All of the above show that the employees in Google have a great satisfaction. Jackson, Schuler and Wer ner show the importance of human resource management in Google. For example, they suggest that treating the employees as same as the company wants the employees to treat their customers is the philosophy of Google. They also claim that there is a strong connection between the business strategy and managing human resource in Google. By the examples provided above, it is not difficult to find that the management styles applied in creative industries have a direct impact on the performances of the companies.As a result, having an appropriate management style in a creative firm is a critical factor for leading the company to be successful. Section Two Benefits and reasons of having a suitable management style It is obvious that a suitable management style is a critical factor for leading a creative firm to be successful. In this section, the benefits of having an appropriate management style and the reasons of applying a particular management style will be discussed. Based on the exampl es given in the last section, the management styles applying in creative firms can be concluded as democratic and even Laissez-faire.Since the employees in the BBC and Google are both highly respected; in addition, the senior managers currently accept their opinions and ideas (Bilton, 2001; Jackson, Schuler and Werner, 2009). Therefore, the management styles in creative firms should be based on the satisfaction of employees because the creativities and ideas are the most valuable resource in creative economy; Florida (2002, p. xiii) has a similar idea that the creativity from human is the critical supply to the creative economy. Bamfield (2006, pp. 52-154) suggests that the function of management in creative firms is to stimulate the creativities and encourage employees to generate new ideas. Since creativity is a force for making a creative firm to be successful, therefore Bamfield also claims that the managers should provide a full support to employees in order to fulfill their sa tisfactions. Jackson, Schuler and Werner (2009) also support the similar idea, which the founders of Google concentrated on giving the employees everything they needed to create and innovate.Foote (2001) emphasize in his book that it is important to keep employees in an informal, open and friendly working environment. This can stimulate their creativity and ideas development. And he states that the manager cannot be too emotional with the employees, otherwise, it might affect the decision-making. Therefore, we can conclude that employees-based management style can have a positive impact on stimulating creativities, encouraging contributions, and generating new ideas and innovations. At the same time, the manager cannot be too emotional, which might lead to wrong decision-making.Comparing with the old-fashion management style, tall hierarchy, power centralization, and limits of decision making from subordinates, the new-management style (freedom, good communication between workers an d managers) is more suitable in a creative industry. Davila, Epstein and Shelton (2007) show that the successful development of younger electrical firms after World War 2 in Britain was benefited by used a more open mind management style and stimulated the innovations. On the other hand, older firms could not be successful because the old fashion of management style.This is because the old-fashion management style inhibits the innovative development. To conclude, an old-fashion management style (autocratic) is not suitable for creative economy because not only it contributes nothing to creations and innovations, but also worse it restrains the expansions of new ideas. Thus, a creative industry is hardly successful with an old-fashion management style. Last but not least, the satisfaction of labor is also a consideration of whether it is a suitable management style for a creative firm or not.Since Singh (2001) claims that a controlling style of management will lead the employees bein g passive. In order to control those passive employees, a more constricted control is needed. In this negative circle, a high labor turnover, low-morale, arguments or disagreements, low efficiency and poor sense of belonging to the company will be occurred. Singh gives an example that the managers from Mainland China applied an authoritarian management style and lead to the negative impacts mentioned above.In a conclusion, an unsuitable management style in a creative firm will conduct a huge negative impact to the industries. Section Three Alternatives and comparisons Management style plays such an important role in creative firms, how to pick a suitable management style should be the most difficult question to the senior managers in those creative industries. The information given above is a simple guideline to pick a appropriate management style since it mentions the management styles using in different kind of creative industries, some of them are famous all over the world.In add ition, it provides a wide range of benefits of different management styles and the conditions of using them. Actually, the management style that is suitable for a creative firm can be mainly divided into two big groups, one of them is democratic, and another one is Laissez-faire. These two management styles are quite similar to each other by the information provided in section one and two. The huge difference between these two is that democratic is described as more tructural and formal; on the other hand, Laissez-faire contains more freedom for workers and the structure of the company is more like an individual work force. Bilton (2007, p. 67) states that the management style in creative industries is similar to a ‘non-management’ management style, which means the managers are almost invisible in the management; however, the employees can still contribute a lot to the creative firm. The managers would not set the deadline of the products and the employees can finish th eir works a relaxing and creative way.Therefore, the products can be created in a high quality. Take Google as an example, the employees in Google are encouraged to do their creative pursuits and Google will even provide 20 percent of the workweek to them (Jackson, Schuler and Werner, 2009). Compared with Laissez-faire, the management style inside Google is more like a democratic management. It seems that the founders of Google treat the employees as a kind of resources more than contributors to the company. The reason of claiming that is due to the strategic approach to managing the employees.It might seem like Google already has had a plan to deal with the employees. On the other hand, the real example of Laissez-faire is hardly found. It might be because the over freedom of management style cannot give the board of directors confidence of making profits; since the manufacturing of innovation and new creation is not secured under Laissez-faire. In addition, it is tough to get the investments from the investment banks or investors because the managers are not able to give a warranty of making a brisk sale product. As a result, Laissez-faire is hardly appearing in the modern creative economy.Stewart (2011) also suggests this idea and she gives a significant example of the failure of Laissez-faire in her journal. Conclusion To conclude, the management style does play an important role in creative economy and it is also a critical factor that can lead the industries to be successful or failing. By the examples given in section one, two management styles are mainly applied in creative economy, which is democratic and Laissez-faire. The reasons can be found in section two, one significant reason is that these two management styles can provide employees a better orking place that can stimulate their creativities and generating new ideas. In addition, a new and suitable management style can prevent the labor turnover since employees’ satifactions are fulfille d; also it can avoid the restriction of creating new ideas. Finally, in the modern creative economy, democratic management is mainly used. It is because the creation of products or services is more secured when comparing with Laissez-faire. Also, democratic management can give the board of directors more confidence and the investment banks as well.Therefore the creative industries can more easily apply the investment from the investors. Management style is an essential part on developing creative economy and has a significant impact on it. Reference Page Bilton, C. (2007) Management And Creativity: From Creative Industries to Creative Management, Oxford: Blackwell Publishing Ltd Bamfield, P. (2006) Research And Development in the Chemical And Pharmaceutical Industry, Weinheim: Wiley-VCH Verlag GmbH & Co. Davila T. , Epstein M. J. , Shelton R. (2007), The Creative Enterprise: Execution, Westport: Praeger Publisher Foote C.S. (2001), The Creative Business Guide to Running a Graphic De sign Business, New York: Creative Business newsletter. Jackson, S. E. , Schuler, R. S. , Werner, S. (2009), Managing Human Resources, Mason: South-Western, Cengage Learning Singh, A. (2001), Creative Systems in Structural and Construction Engineering, Rotterdam: A. A. Balkema Howkins, J. (2001), The Creative Economy: How People Make Money From Ideas, Penguin CNN Money (2011), 100 Best Companies to work for, [online] Available at: < http://money. nn. com/magazines/fortune/bestcompanies/2011/full_list/> [Accessed 13 May 2012] DCMS (2010), Creative Industries Economic Estimates, London, UK: Department of Culture, Media and Sport, retrieved 9 December 2010 Stewart, H. (2011), Laissez-faire has failed us. Now we're getting panicky intervention. Guardian Observer, [online] 27 November 2011. Available at: ; http://www. guardian. co. uk/business/2011/nov/27/laissez-faire-failed-panicky-intervention; [Accessed 14 May 2012]