Business System Analysis-Banking-Free-Samples-Myassignmenthelp.com

Question: Portray at any rate three gatherings of clients of this framework including what sort of information they go into the framework or what sort of data they remove from the framework and whether they depend on different people groups information to get data. Give instances of dynamic bolstered by the framework for each gathering of clients. In the event that conceivable represent your story with screen captures of the UI. Answer: Clients Banking is a prevailing industry and have numerous clients which incorporates, the executive, representatives, clients, outsiders and others. The clients considered for the regarded situation are the chairman, clients and workers. Information entered in the framework The executives are the individuals who deals with the general framework and rolls out vital improvements in the information of the client and representatives. They remove just as enters the information (generally, of the clients) on the framework for the authoritative framework to work. The discussed information might be close to home for legitimate budgetary methodology or information gave to the client by the bank for banking purposes. The manager likewise assesses the information of the worker to screen their exhibition. The clients enter the information (gave to them by the bank, for example, account number, client id, PIN and others) into the framework to utilize the financial administrations. They additionally separate information of their value-based history and other essential subtleties. The workers are the ones who arranges and inputs the subtleties of the clients in the framework. Thus, they likewise enter and removes the information from the framework. Furthermore, at events there is requirement for adjustment of the authoritative information and at that scene, the workers do make the important modification by entering or removing the information from the framework. Dynamic Supported by the framework: The dynamic is bolstered by the framework as by offering the continuous information, it empowers the clients of the framework to take vital choice. The choice made on the constant update improve the exactness of the choice. (Watchmen four Generic Competitive Strategy) Watchmen four conventional serious systems to acquire an upper hand lays base on the variables cost initiative, cost center, center and separation. These four vital factor can help with accomplishing above-unremarkable execution in the business and in the process accomplish upper hand. A financial association is a money related association and manages the monetary resource in this way, it their duty to comprehend the estimation of the cost initiative and cost center to pull in an ever increasing number of clients which will thusly offer them upper hand. In any case, the idea of upper hand goes two different ways one if separation and other is by being savvy. By and large, the banks follow financially savvy strategy by offering higher loan costs for cash stores and lower loan costs for advances and comparative subsidizing. The focused on crowd is likewise a technique for procuring upper hand and can be ordered as center or industry-wide. The financial division generally decides on ind ustry-wide where it offers its administrations to a huge space od crowd from people to associations, government and others not at all like center which is target arranged and center around a particular objective. (Watchmen Value Chain) Watchmen Value chain takes thought of five essential exercises of an association that incorporates the inbound coordinations, showcasing deals, activities, outbound coordinations and the administrations. Optional exercises, for example, the HRM (human asset the executives), obtainment, framework, and innovative improvement can likewise be considered as a feature of the worth chain in any case, the most critical are the essential. The financial frameworks underpins all the above-expressed hierarchical action in any case, the best action. The explanation behind citing the administrations as the most bolstered action by the financial framework lays on the way that with presentation of the web based business, the clients are inclining toward web based financial increasingly more because of its ease and proficiency and the subject (banking frameworks) are intended to help benefits more than some other action. Another eminent actuality is that the other essential exercises of the financial business, for example, inbound and outbound coordinations are not of such extraordinary essentialness to the financial business as that of its administrations. The showcasing deals and tasks are indispensable exercises of the financial business be that as it may, the majority of the associations favor doing them physically with help from the innovation and not getting absolutely reliant on them. Henceforth, it tends to be expressed that the explanation behind introducing business framework in the business is to help its administrations and can be utilized to legitimize that the financial frameworks best backings the administration action of Porters esteem chain in banking industry. (Watchmen five power Model) Watchmen five power model is a system to dissect the opposition of the business. It comprises of the five powers in particular; dangers from rivals, dangers from new participants, dangers from built up rivals, haggling intensity of the providers lastly, the dealing intensity of the clients.. The paper has thought about the entire financial area and soother divisions are its rivals and breaking down dependent on it the accompanying cases have been made. The dangers from the adversary are moderate since banking part is one of most critical supporter of pretty much every countrys GDP and it is obvious from the way that financial area is one of the main two supporters of the Australian GDP. The purpose behind keeping it in the moderate level is a result of the section of web based business and digital money which are budgetary assistance however can't be included in banking are offering noteworthy rivalry to the subject which can likewise be utilized to guarantee that the power of dangers from new contestants is solid to the subject. Built up rivals are a sorry danger to the financial business after the appearance of business frameworks since it is helping the liable to adapt up to the changing time and consequently has been sorted in feeble. The haggling intensity of the client and the providers will likewise be arranged as frail in light of the fact that the administrations and administration charges of banking industry are fixed by the business itself inside the area offered by the legislature. Thus, Porters five power examination recommend that the level powers are moderate while the vertical powers are frail against the subject. (Dynamic and IS): The overseeing substances (branch, territorial and others) of the financial business can't screen the action of the workers inside the associations constantly. So it gets hard for them to choose the degree of evaluation that a representative merits. In the talked about situation, IS can end up being of incredible essentialness since it offers HRM (human asset the board) and have put away the advancement, execution, corporate morals of every single representative. Contingent upon the representatives execution information gave by the IS framework, the senior administration can make suitable examination and in cases can likewise advance, the worker if there is a need of advancement to fill an empty seat. The financial associations is a huge area and a solitary industry likewise have numerous branches at various areas. The IS framework monitors the presentation of the benefit concerning the normal result for each branch alongside other fundamental records. These kept up records helps the administering substances (CEO, MD and comparative others) in contriving plans and take fundamental choices on the eventual fate of every single part of the association. The regarded models have indicated how, IS helps various degrees of an association in settling on a choice dependent on constant realities. All in all it tends to be expressed that IS bolsters dynamic at various degrees of an association alongside the different advantages it offers. List of sources: Adi, B., 2015. An Evaluation of the Nigerian Telecommunication Industry Competitiveness: Application of Porters Five Forces Model.World,5(3). Boehe, D.M., 2016. The internationalization of administration firms from developing economies: A disguise perspective.Long Range Planning,49(5), pp.559-569. Ditta, A. what's more, Bakhsh, K., 2017. Determinants of Indivdual's Investment Decision in Islamic Banking: A Case Study from Vehari. Eskandari, M.J., Miri, M., Gholami, S., Reza, H. what's more, Nia, S., 2015. Variables Affecting The Competitiveness of The Food Industry by Using Porter's Five Forces Model Case Study in Hamadan Province, Iran.Journal of Asian Scientific Research,5(4), pp.185-197. Gould, A.M. what's more, Desjardins, G., 2015. A spring-clean of Michael Porters Attic: The Canadian media communications area as a model of repaired nonexclusive strategy.Competitiveness Review,25(3), pp.310-323. Indiatsy, C.M., Mwangi, M.S., Mandere, E.N., Bichanga, J.M. what's more, George, G.E., 2014. The Application of Porters Five Forces Model on Organization Performance: A Case of Cooperative Bank of Kenya Ltd.European Journal of Business and Management,6(16), pp.75-85. Moraa, O.R., Senaji, T.A. what's more, Mbithi, M., 2017. Connection between Strategic Responses and Competition in the Sugar Industry in Western Kenya Region.structure,2, pp.1-14. Pearlson, K.E., Saunders, C.S. what's more, Galletta, D.F., 2016.Managing and Using Information Systems, Binder Ready Version: A Strategic Approach. John Wiley Sons. Rothaermel, F.T., 2015.Strategic administration. McGraw-Hill Education. Saeidi, S.P., Sofian, S., Saeidi, P., Saeidi, S.P. what's more, Saaeidi, S.A., 2015. How does corporate social duty add to firm money related execution? The intervening job of upper hand, notoriety, and client satisfaction.Journal of Business Research,68(2), pp.341-350.

Essay about Financial Statement Analysis

Exposition about Financial Statement Analysis Exposition about Financial Statement Analysis Wells Fargo Co. furthermore, SunTrust Bank are two of the biggest US banks, both in the top on SNL Financial’s rundown of 2012’s biggest banks (Forbes, 2012). Albeit the two organizations are in a similar business they each work together in various manners, with various core interests. Wells Fargo is a bigger national bank, with branches and ATM’s in 39 states, SunTrust is a somewhat littler territorial keep money with offices situated in just the south east in 9 states. The two banks use client stores to support their essential pay wellspring of advances and home loans, just as offering money related consultants and ventures. Over the ongoing downturn the two banks have discovered approaches to stay gainful, Wells Fargo even used to chance to extend its market with the takeover of Wachovia Banks, growing their branches into 15 additional states and the District of Columbia starting December 31, 2008 (WF, 2009). Alongside new open doors the ongoing money related emergency has gotten progressively tough guideline the financial business. Due to the significance of banks in the neighborhood, state, and government economies the money related industry is vigorously managed at each level. After the shortcomings uncovered by the ongoing monetary emergency new guidelines were set up. Among these guidelines was the Dodd-Frank Act, marked into law July 21, 2010, the Dodd-Frank Act orders yearly pressure tests to guarantee proposed to guarantee organizations have adequate cash-flow to retain misfortunes and bolster tasks during unfavorable monetary conditions with the goal that they don't present dangers to their net works, different foundations, or the wide economy† (FRB, 2013). The latest of these pressure tests simply closed toward the start of March 20 13. Different regions of thought for both budgetary organizations are the loan fees, both the markdown rate the Federal Reserve charges banks to obtain cash, just as the rates both paid and charged by contending banks and credit associations. In the event that a contending bank offers fundamentally higher enthusiasm on store accounts, at that point customers may move cash away, leaving the banks less capital accessible to loan, likewise if contending banks or acknowledge associations offer advances for altogether lower financing costs the bank may likewise lose clients, or lose pay as they attempt to coordinate the lower financing costs. Moreover the economy in general incredibly influences the financial business; higher joblessness will mean less stores are being held in the bank bringing down the aggregate sum the banks can loan out to their clients, higher joblessness additionally brings about less obtaining as clients have less extra cash to purchase new vehicles, make home enhancements, or purchase another home. A listing lodging market brings about lower home costs so the home loans that are taken

How Much Time Do We Spend in Meetings (Hint Its Scary)

How Much Time Do We Spend in Meetings (Hint Its Scary) Let’s face it. I believe every single one of us has found themselves in one of the following situations:You found yourself wondering why you are in a meeting in a certain meeting and then reached for your phone to look at memes to avoid dying of boredom.You found yourself struggling to keep your eyes open as a boring speaker droned on and on in the boardroom about something you did not even understand.You found yourself discussing with colleagues about how dreadful and soul-sucking a meeting was.Almost everyone agrees that meetings are not a lot of fun. Yet, meetings constitute a large part of what we call work. Many people see meetings as a necessary evil, a sacrifice that employees have to make in order to keep the company alive.But have you ever taken the time to think about how much time is spent on meetings, and what overall effect they have on the company and its employees? (Hint: they do more harm than good)The facts and numbers around the time spent in meetings paint a scar y picture. Every single day, there are about 11 million meetings held on average every single day, with employees attending about 62 meetings every month, on average. And that is in US workplaces alone. The average middle level manager spends around 35% of their time in meetings.For those higher up the corporate ladder, this figure can go as high as 50%. That is more than 2 days a week being spent on meetings. According to a study by Bain Company, organizations spend about 15% of their time in meetings.As if all this time being spent on meetings is not enough, most people consider meetings to be unproductive. A whopping 37% of meetings are considered to be adding no value to the organization. A detailed look into what actually happens in meetings should be enough to leave you worried.According to this infographic, 91% of employees have daydreamed during a meeting, 39% have reported sleeping during a meeting, 45% have felt overwhelmed by the number of meetings they had to attend, 73 % have done other work during a meeting, and 47% of employees have complained that meetings are the number one time waster at the workplace.These numbers show that a lot of time is being spent on meetings that people would rather not attend and that do nothing to improve the bottom line of the company.Apart from boring employees to death, meetings could also be costing your organization in more ways than one.WHY TOO MANY MEETINGS ARE HURTING YOUR ORGANIZATION Most meetings are held because there is a belief that they held boost the organization’s productivity and vibrancy. However, they might be doing the complete opposite of that.Below are some ways in which meetings might be hurting your organization.They Are A Waste Of Time And MoneyHave you considered the amount of man hours meetings are taking from company time?Let’s assume that you just held a one hour meeting with 15 participants.In that one hour, you have already taken 15 man hours from the company. With several meetings being held each week, the numbers can quickly add up.When aggregated over the course of one year, the numbers become staggering. This does not even take into account the time spent preparing for these meetings.For instance, a May 2014 study found that the attendees of a certain company’s weekly executive committee spent 7000 man hours each year on the meeting, while their subordinates spent 300,000 man hours per year preparing for and supporting this weekly meeting.To find the monetary cost of an hour long meeting, estimate the average hourly rate of each of the attendees and multiply it by the number of attendees. For instance, if the average hourly rate of the attendees in a meeting is $50 and there are fifteen attendees, that means that the cost of the meeting to the organization is about $750.Using company in our example above, it would mean that the cost of the weekly executive meeting is $350,000, without taking into account the subordinates who spend their time preparing f or and supporting the meeting.When you consider that most meetings are rarely productive, matters become even bleaker. Research shows that across the United States, meetings that are not even necessary waste over $25 million every single day, or about $37 billion every year.This does not take into account the additional resources that might be required for a meeting, such as drinks and snacks.Opportunity CostThe amount of time and money wasted in meetings is compounded even further by opportunity cost. Every minute an employee spends in an unproductive meeting is a minute lost that could have been spent on something more important.Not only does the organization have to pay employees for the time they spent daydreaming and doodling in meetings, but it also loses out on the revenue that these employees would have brought in had they not been sitting in an unproductive meeting.Meetings Kill Productivity And CreativityMeetings are also one of the greatest killers of creativity and produ ctivity at the workplace.Let’s assume that you have four one hour meetings in a day, with each meeting scheduled an hour after the other.Technically, this means that you have four hours to attend meetings and four hours to concentrate on actual work. In reality, you have less than four hours to concentrate on actual work. Before every meeting, you might need about ten minutes to prepare yourself, pass through the bathroom, grab a cup of coffee, and so on.After the meeting, you will need another several minutes to go back to your desk and refocus on your work. This eats significantly into your actual working time.To make matters worse, this leaves you with about 30 minutes or so to work on something before having to leave for another meeting. This is not enough time to get into deep work â€" a term that describes the ability to concentrate on a task without distraction.If you are working on a cognitively demanding task, it might be difficult to get into the level of concentration r equired to do any meaningful work in thirty minutes.As a result, you might end up spending the time on less productive tasks such as answering your emails. In the end, you find that you have wasted a lot of time, in addition to the time wasted in the meetings.HOW TO STOP WASTING TIME IN MEETINGS It is already evident that meetings might be doing more harm than good to your organization.The question is, what can you do it?Below are tips on how you can avoid wasting time on meetings and make meetings more productive.Ask Yourself If The Meeting Is NecessaryA lot of meetings are actually not necessary. For instance, I have noticed that most sales and business development meetings often require the attendees to go over their activity for the previous period of time. What they did, who they met, what they achieved, and so on.If there are six people in a meeting and each of them takes about ten minutes to review their activity, that is an hour already spent in the meeting. Would it not hav e been easier for everyone to send a report of their activity via email?Before calling for a meeting, it is important to consider the purpose of the meeting. What outcome is expected at the end of the meeting? Can this outcome be achieved another way. If you find it hard to define the expected outcome of a meeting, this is a clear sign that the meeting is not necessary.If the outcome can be achieved in another easier or better way, this is another sign that the meeting is not necessary. For instance, if the purpose of a meeting is to update the team on progress, would it not be easier to share progress reports via email?If the purpose of the meeting is to get the opinions of others before making a decision, would it not be easier to send a poll via email instead of calling for a meeting?As a rule of thumb, you should avoid scheduling status report meetings. Meetings should be dedicated to brainstorming, collaboration, sharing creative ideas to resolve challenges, or making decisions . If the purpose of a meeting is to review past or existing information, then the meeting is not necessary. While reviewing existing information is important, it should not be the sole purpose of a meeting. It should be used as a foundation for discussing the way forward.A good way of determining whether a meeting is really necessary is to ask yourself what would happen if the meeting was cancelled. If you realize that your colleagues do not care if the meeting is cancelled, or if there is another way to accomplish the purpose of the meeting, this shows that the meeting is not really necessary, and you should consider cancelling it.However, if your co-workers demand for the meeting to be rescheduled, then this is a clear sign that the meeting is actually necessary.Manage The Invite ListHave you ever been in a meeting only to realize that the meeting has degenerated into a series of ‘mini meetings’ where only two or three employees are fully engaged at a time while everyone else doodles on their notebooks or checks their phones?This is a sign that some of the attendees might actually not be required in the meeting.Very often, meeting organizers invite too many people to the meeting in an attempt at inclusion. While collaboration is important, not everyone needs to attend a meeting.Many of those required to attend do not actually add anything to the meeting. Doing so not only wastes time for them, but also for the attendees whose input is required at the meeting. If you want your meetings to waste less time and become more productive, you should be very strict about the people you invite to a meeting.Go through the list and check what each person brings to the meeting. If someone does not have an important contribution to the meeting, strike them out. If the outcome of the meeting does not directly impact them, they have no business being there. If they can spend the time doing something more productive, leave them out of the meeting.If you cannot verbalize why someone needs to be there, they probably shouldn’t be. Instead of calling every team member to the meeting, why not have the manager attend the meeting while the rest of the team keeps working? The manager can then relay the outcome of the meeting to the team.A good idea is to borrow a leaf from Amazon founder Jeff Bezos’ book. If the people invited to a meeting cannot be fed by two large pizzas, Jeff Bezos concludes that there are too many people in the meeting and cancels it. This is because the more the number of people in a meeting, the bigger the opportunity for disengagement, distraction and wasted time.A meeting should only include the key players who are required to make decisions. Actually, according to Stanford professor and researcher Bob Sutton, the ideal number of members for a productive meeting is 7.Managing the invite does not only apply when you are organizing a meeting. It should also apply when you are invited to a meeting. Receiving an invitation to a mee ting does not automatically mean that you have to attend the meeting. Check the agenda of the meeting and the other attendees. Do you feel like you can add some value to the meeting?If not, get in touch with the host and find out why they want you at the meeting. If you find that you have nothing meaningful to contribute to or gain from the meeting, do not be afraid to decline the invitation.Set An AgendaOne of the major factors that contribute to unproductive meetings is lack of an agenda for the meeting. According to Garton and Mankins of Bain Co, about a third of meetings do not have an agenda, and majority of meetings do not distribute agendas to attendees in advance. Why is an agenda so important?An agenda sets clear boundaries around the topics that need to be discussed during the meeting. It outline the topics that will be covered in the meeting, the materials needed, the desired outcome of the meeting and the start and stop time.Without an agenda guiding the discussion, a m eeting can easily go off track and degenerate into ramblings, side conversations and random topics â€" all of which lead to wastage of time and unproductivity in the meeting.Having an agenda also makes it easier for you to determine who needs to be invited to the meeting. The agenda should be distributed well in advance of the meeting in order to give people adequate time to prepare for the meeting.One mistake that most meeting organizers make when setting an agenda is to try to accomplish too much in a single meeting. Lumping everything together in one meeting wastes people’s time and creates chaos.People in the finance department might not be interested in learning what the IT department is doing. Instead of having a general meeting where you cover so much, it is much better to hold several short meetings with different teams. This way, you avoid wasting employees’ time discussing things that are not relevant to them.Once you set an agenda for the meeting, make sure that you s tick to it. If you notice that the conversation is straying beyond the agenda of the meeting, steer it back on track.Don’t be overly polite to people who hijack the meeting with their own agendas, since this will only make the meeting unproductive and lead to wastage of time.Share Review Materials In AdvanceAnother thing that leads to wastage of time in meetings is going through and reviewing reports and knowledge material during the meeting. The meeting should be focused on making decisions and achieving the desired outcome, not discovering new knowledge.If there is any material the participants need to review, it should be shared a few days in advance.This gives them enough time to go through the material and prepare for the discussion. As you send the material, make it clear to the participants that they are required to have gone through the material before the meeting.You should also be prepared to give a highlight of the key takeaways from the material for those who might not have had time to go through the material. With everyone aware of what is covered in the material, the meeting can now be focused on a productive discussion and making decisions on the way forward.Schedule Shorter MeetingsHumans have a round number bias. We like whole, round numbers and try to avoid uneven random numbers. For instance, you are more likely to tell someone to give you 5, 10, 15, or 30 minutes instead of 8, 17, or 23 minutes.This also affects how we schedule meetings. You might have noticed that most meetings are usually scheduled in 30 minute or one hour chunks. Even if the agenda of a meeting can be handled in 20 minutes, there is a high chance that the time set aside for the meeting will be 30 minutes or one hour.There is one problem with this. If a meeting is scheduled for one hour, people will find a way to fill that time, even if the decision can be reached in 40 minutes. Think of it like buying a house.If you buy a bigger house, you will eventually fill it with stuff, regardless of how much space you have. If a meeting is scheduled for 30 minutes yet the decision can be reached in 10 minutes, people will find something to fill the remaining 20 minutes, and you can bet that the filler conversation will not be productive.To avoid this, you should start scheduling shorter meetings based on what needs to be accomplished in the meeting, instead of rounding off the time to the nearest hour.If the meeting can accomplish its purpose in 20 minutes, schedule 20 minutes for it and let the participants know that the meeting will end on time. Once you start doing this, you will notice that you will start wasting less time in meetings.Plan Meetings In ClustersI mentioned earlier that meetings reduce productivity by breaking the day into chunks of time that are not long enough for someone to do any meaningful work.To avoid this, it is a good idea to cluster meetings together. For instance, you might encourage people to hold meetings either early in the m orning or towards the end of the day. This ensures that employees have large blocks of time where they can focus on their work without interruptions.Alternatively, you can come up with certain blocks of work time where no meetings are to be held. Scheduling meetings back-to-back also forces people to start and end meetings on time, leading to less time wasted.Ban Phones And Laptops From MeetingsHow many times have you seen a colleague checking their phone or laptop during a meeting? People have already gotten used to the notion that meetings are boring, and they therefore rely on their gadgets to save them in case the meeting becomes boring.Unfortunately, using your phone or laptop during a meeting sends the message that whatever you are doing on your phone is more important than the meeting, in which case you don’t need to be in the meeting in the first place.In addition, being on your phone or laptop distracts you and keeps you from giving your best contribution to the meeting. To prevent this, you should consider introducing the no-device policy to your meetings.End With A Clear PlanRemember, we said that a meeting should have a desired outcome. Once you achieve that outcome, you should end the meeting with a clear plan on what needs to be done and who needs to do it.No one should leave the meeting without a clear idea of the next action points. If people leave a meeting without a clear idea of what needs to happen next, that is an indicator that the meeting was a waste of time â€" it might as well not have happened.Finally, you should avoid ending a meeting with plans to hold another meeting to follow up on progress of the previous meeting. Find other ways of communicating the progress.WRAPPING UPOrganizations are holding way too many meetings which waste a lot of time and money without any solid outcome for the organization.To avoid this, organizations should ensure that meetings are actually necessary before scheduling them, that only the right people are attending the meeting, that there is an agenda for the meeting, and that any review material are shared well in advance.In addition, they should schedule shorter meetings, schedule the meetings in clusters, ban gadgets from meetings, and ensure that each meeting ends with a clear plan of action.

Roy Hankinson Company

Sample details Pages: 13 Words: 3803 Downloads: 7 Date added: 2017/06/26 Category Statistics Essay Did you like this example? The Roy Hankinson Company is one of the well known companies which were established in 1975. They are consisting of five units which are: Blasting and protective coating Commercial painting Specialist decoration and restoration Property Services and High performance coating This company became one of the prominent Painting and Decorating contractor of the UK. They managed to enter into a prestigious Dulux Trade Contract partnership in 1999. Don’t waste time! Our writers will create an original "Roy Hankinson Company | Business Dissertations" essay for you Create order Internal factors Manpower This is one of the most important factors of this company. The top level management of The Roy Hankinson believes that their employees should get enough training to improve their skills. They strongly believe in team work. This believes would take them towards the long way. The employee member of Roy Hankinson relies on certain guidelines. They are discussed below: The employee members practice their own interest behind their advancement. This quality defines their successful career which indicates that the company itself is successful. The positive part of this feature is that, the employees could implement these skills in their personal life with their family members and friends to spread the advanced knowledge in the entire society. In case of work the standard quality is maintained in the company. This truly makes them different from other companies. The company makes sure that, every employee members could occupy their chance to express themselves. Without competing with the rivals, it would become impossible for The Roy Hankinson to survive. This is why to open their options of utilizing their full effort, they exercise to be competitive. Being faithful to the company and all the team member is a fundamental theme. This company takes care of this portion very precisely. If this matter is not being concerned, then the confidential information of the company would be passed in no time. It would be easier for the rivals to pay one of the Hankinsons to provide them their confidential information. This way they will out of the market with no trouble. It is the Roy Hankinsons sincerity for which they learn to be fair with each other. Working in team opens every hopeless door. It is becoming a challenge everyday for each companies and an award for the once who managed to work in a team. Team work empowers to complete a task on time or even before the deadline which facilitates the team members to move on to the next task. For most of the companies team work generates conflict. This leads a work towards delay completion. All this link to bad performance, competition among the team members which bankrupts the company. The Roy Hankinson is one of the companies who managed to avoid the entire above complex and follow the direction of revenue. It is also significant to behave like a professional person and take a good care of the appearance in order to be a complete business people. The Roy Hankinson accepts well dress up and certain manners. This plays an important role for their image. If their employees are not professional with each other and always gossips, laughs and whispers about their personal life, then to their client their goodwill will have no value. The work atmosphere will be a total disaster and destructive to those people who are there for work. Some of the companies even have some definite hair style and dress up. For example, most of the banks from all over the world are very concerned about these factors. There are also some companies with poor appearance and unsatisfactory behavior. Usually they do not survive still the end. Finally, The Roy Hankinson has no such records but following professionalism with well appearance. Promising policies The Roy Hankinson pursues some to run their company. Without the legal registration, in the long run it dissolves a company. This would drive away the existing customer and the potential customer will be long gone. This is why The Roy Hankinson seems to be straight about its policy. Their encouraging policies are discussed below: The key point of a successful business is to be committed to its customer. That is exactly what The Roy Hankinson goes along with. They work hard to always provide the best possible service to their customer. Customer comes at their list of first priority. They attempt to be devoted to their customer by improving their Management Quality System from time to time. They believe that one disappointed customer could bring an unfortunate for their business. They make sure that their products are environmental friendly. All sort of pollutions, injuries are ignored by their company policy. Employee members are the considered the biggest asset for their company. This is why they continuously invests on enhances their employees skills. This principal is an enormous support for the employees moral and the society will also be benefited by these. Some of the successful companies expect their employees to be effective right from the beginning for their company. This is because they do not want to invest any amount of money on training them. The Hankinsons makes sure that their employees are prepared to overcome the load at work with no question. Suppliers play a vital role in case of any business. In the company policy, it is also mentioned that the suppliers should be treated as they deserve. If the supply is delayed, then the customer will go home without the products/services. Some of the manufacturing companies forget to treat their suppliers effectively, which results very slow loss in their business. These have been taken care by their employees very carefully. Supports the ethical views of the belonging society. Ethic It is another area where the company pays attention. People with different cultures, religions and aged work at The Roy Hankinson. It is justified that, they should be known or awarded for their work not for where they came from. On the other hand, they should neither be ignored as racism. This company strictly believes in valuing each people for their work. Health Safety and Training Coordinator The Roy Hankinson employs a team on health and safety. Their job is to cure any injuries from the employees. Their action is also observed by the director, to make sure that their employees are treated fairly even when they are physically not well. They have been also awarded few times for their Health and Safety department. Originating a better work environment with spiritually and physically well people motivates them to perform at their best. External factors Knowledge Transfer Partnership (KTP) This is one of the biggest sources where they get their innovative ideas. This program is supported by the UK government. Usually these sorts of programs are very expensive to bear, so it is the companys benefit that they are receiving the free of cost innovative ideas. This academic team generates a two year plan by the instruction of the company. This is because without the companys instruction, the objective will differ. Since this team members are the student of Liverpool John Moores University, their promotions will also be in cost of free process. Supplier The company maintains well mannered relationship with their. This is because, without their suppliers corporation they could be bankrupt. Corporate Social Responsibility (CSR) is an enormous duty from all the successful businesses to the society. When the society suffers from flood or any kind of natural disaster, The Roy Hankinson assists them from their profit. In fact they have their own five formulated strategies which they implement as the CSR such as, treating, managing, observing, protecting and being a responsible neighbor to the environment. Being a complete responsible company, they revise the societys necessity. Besides all these above factors would be noticeable for their image, goodwill and publicity, which are sometimes unattainable even with money. Environmental policy statement This statement mentions the sincerity of the company towards the society. They ensure that their company is harmless to the environment. By the use of Environmental Management System, they achieve their set objectives about the environment. Customer They are honest, punctual and caring about their customers. They believe that, this is the best way to capture customer. This is why they have massive amount of loyal customer in the established market. Competitors The rates of the competitors are apparently very high, as they are already a reputed and award winning business. Being followed by the rivals is one of the positive prospects for the business, because it will motive the business to be more active and advanced. Conclusion From all the above discussion, it is evident that The Roy Hankinson is not only sincere about their internal aspects of the achievements but also the external aspects. They are genuinely connected with linkage of a successful environment. Some of the successful companies are not concerned about the society and people they are dealing with. They Roy Hankinson Company is not one of them, they maintain their image with the certainty and care on the employees, environment without pollution. Task 2 Introduction There are several mannered of performing a business, two of them are, Business to Business and Business to Consumer Relationship Marketing. The businesses follow The Levels Of Relationship Marketing in order to sell products according to their market share, targeted profit and grant responsibilities. The significant foundations of Business to Business relationship marketing: Relationship The relationship based between companies and suppliers in the Business to Business relationship marketing usually occurs between companies and suppliers. Money transaction The rate of transaction is always in massive amounts. Buyers and sellers In these types of businesses, only buyers and sellers are not very highs. For example, the relationship between The NCC Education and Daffodil Institute Of Information and Technology is Business to Business relationship marketing and these types of buyers and sellers are not very high in the market. Buying and selling habits The buying and selling habits are scheduled and formal. As both of the buyers and sellers own big companies, it is transparent that, their quantities of responsibilities are also elevated. To avoid the time wastage, they schedule their meetings. Exchange The action of interchange occurs on agreements. Since they are so formal in case of their buying and selling habits, they prioritize all their documents on meetings, transactions, transportation and etc. Distribution The businesses do not have to plan about the distribution channel with different strategies an enormous amount of money. This section can be taken care of with being slightly concerned. Level Of Theory High Medium Low Margin Margin Margin Many customers Accountable Reactive Basic or Reactive /distributors Medium customers Proactive Accountable Reactive /distributors Few customers Partnership Proactive Accountable /distributors FIG: Level of Relationship Marketing/Level of Theory A business man should pay attention on certain marketing areas with the correct combination of customer natures before financing. The above graph illustrates the exact formula. The five levels of marketing investments are described below with the chart: Accountable Marketing This type marketing pays special attention to their customers. After selling products/providing services, they contact their customer to know if any adjustments are needed. They continuously carry out their duty by providing the after sales service enthusiastically. According their marketing strategy, the customer should have their rights to complain and recommend any innovative ideas. Reactive Marketing It is almost the same as the Accountable Marketing. The difference is that, in this marketing system they do not spend too much money for after sales service. They try their best to increase their market share by catching numerous amounts of customers. Basic Marketing They are only concerned about selling their products/services. After the customer walking with the products/services, the company is not curious about it. Proactive Marketing This type of marketing holds high or medium level of margins with medium or few customers. They are interested on improving their products/services from the customers recommendation. Partnership Marketing They are consists of high revenue with few customers in the market. Since they own high revenue, they place their effort on gaining many customers. For The Roy Hankinson Company, it would be a wise recommendation to choose Accountable marketing in order to sell their products. This is because, they are already a well known company who managed to grasp many customers for their products/services. They apparently have many competitors following them, that is why should ask for their customers suggestions and try to satisfy their demands in the long run. Differentiations of Business to Business and Business to Customer Relationship These two types of businesses are very separate from each other. Even if both the businesses carry high risks, but eventually they are very different from each other. For Business to Business marketing, there are different tools and techniques required than the Business to Consumer relationship marketing. The one recognizable difference between these two marketing relationship is that, for the Business to Consumer relationship there are countless manufacturers but for the Business to Business marketing relationships the manufacturers could be countable. The differences between them are shown below: Business to Business relationship marketing Business to Consumer relationship marketing 1) The rate of investment is high but the number of competitor, consumer and risk is comparatively lower than the Business to Consumer marketing. 1) The level of risk is very high because, there are varieties of items under one product, various numbers of consumer and competitors although the investment is not as much as the Business to Business marketing. 2) Huge amount of money is not expended on advertisements to attract the buyers. 2) Promotion is one of the vital factors of these types of businesses. Large amounts of money are expended for this sector. If the advertisements do not take place accurately, the products might get rotten in the warehouse. In other words, the company could face loss. 3) Market segmentation is not an effective case for these types of businesses. 3) Market segmentation plays an important and effective role for these types of businesses. 4) The conflicts between the buyers and suppliers might cause unexpected consequences. 4) The misunderstandings between a company and their customers might not last for long, if the company is sincere enough. 5) Suppliers authorize high chance on the buyers of cheating. 5) Low chances are available for the businesses to cheat on their customers, as they are so many in numbers. Conclusion It is vitally important to recognize the difference between Business to Business and the Business to Consumer relationship marketing. This is because from the above approvals, it is noticeable that if the Business to Business company spends too much money for their promotions instead of gently looking for buyers it would be a total loss for their business. Task 3 Introduction In a business environment, chances occur in no time. To cope up with the customers change of taste, the businesses frequently changes their tools and techniques to stay in the competition. Similarly The Roy Hankinson Company faces the exact same problems. For the near/further future, The Roy Hankinson Company certainly has to bring out innovation into their products/services. The four ps The four ps/marketing mix stands for: Product The Roy Hankinson Company has higher possibilities of facing competition in case of the product quality. This is why they have to be strong in their core competence for the future. Under the product/services, there are segments which have to be kept into consideration. Such as, Quality This is the key point which has to be maintained in the long/short run for The Roy Hankinson Company. This is because, they would not want to offend their customers. From the 5 to 10 years of the future, maintaining the standard quality will be even more advanced and sincere. This is because, by that time the society will be surrounded with latest technologies which will enable them to ensure more about the quality in a much easier process. People will also have more money in their hand so, they will of course choose the best for the products/services which worth the payment. Services This is another option which The Roy Hankinson Company should be very cautious about, as they are a service based company. They should employ vastly experienced people for their customer service department. Even if The Roy Hankinson Company is straight with their customer, they should have an extra department for the continuous customer suggestions. This would ensure their customers, that the company is devoted about their customers. With their customers best suggestion they would uninterruptedly reach on the top of the success. Warranties This is another mannered of making promises to the customer. If anything goes wrong during the period of warranties, they should change or preferable replace the defect. Predicting the forthcoming future, it would be worthwhile for The Roy Hankinson Company to perform something extra every time their customer calls them for a defect. For example, they could provide any of their services free of cost according to the choice of the customer. These activities will be protective for their companies image and the customers will also be satisfied. Features The Roy Hankinson Company should offer variety of features for their customers. In the future, from their profit they could arrange some more varieties apart of their services. Such as, painting and decorating related products, so that their customers will not have to look for these similar products out The Roy Hankinson Company. The advertisements for the new features will be easier and inexpensive for them because, they are already a well known company. Design The Roy Hankinson Company should keep an option of variety of designs for their painting and decorating services. Customers should be able to choose the best after going through numerous amounts of collections. These options sometime confuse a customer. This is why, they should employ some specialist to help select the customers. Price The price will always be set depending on the products/services. If there would be any betrayal in the case of price, then it would be loss of customers for the company. There are some important concepts for the price ant they are: Discounts This is a prominent way of attracting/impressing the customers. During the occasions of Christmas, New Year, Holy Eid The Roy Hankinson company could offer some discount to stay in the customers first choice. Forecasting the future ahead, the company could store their entire customers data of their Birthday, Anniversary, and Valentines day to send them special surprises. Payment options There should be various payment options available for the customers. Not only offline payment methods would be sufficient but also the online payment methods would have to be available. In 5 to 10 years time people would already forget about the offline payment processes, a part of some traditional people. Promotion Without the promotions being effective, the products/services will be at the warehouse forever. This is the most expensive sector in the whole marketing mix. Selecting the correct advertising method is very important. This is because, promoting a product/service which is already in an established position would only waste the companys money. There are plenty of points which have to be taken under consideration before selecting the correct promotional method. Promotion is the other word for the company to communicate with their customers. The Roy Hankinson Company has the ability to invest an enormous amount of capital for their promotions. Since technologies would even more demand in the future, it would be wise for them to promote most of their products/services through the use of internet. This is because, the more time is running the more people are getting themselves busy towards work suing the technologies. People would be able to watch the advertisement while they are checking their mails, playing games on their mobile, electronic billboards and etc. Place (Distribution) Locating the products/services at the right place at the right time is the important fact of distribution. This section is also responsible for the warehousing, conveyance and the record control. Since The Roy Hankinson Company consists of five units of services, they have to unaffectedly be at the targeted place on time. Or less, the customer will lose their hope and faith on this company. To be at the safe side, the company could organize software through which the traffic jams, speed needed and distance of the targeted location could be calculated. If the traffic jam is heavy, the company could call up for that particular service to the nearest department of their own. This way their customers would rely on them. Marketing strategies over the next 10 years The marketing strategies will definitely reach development over the next 10 years. The change of strategies from 5 to 10 years of The Roy Hankinson Company would be beneficial in such a way: The demand for the internet marketing will increase. People will have less time in hand to go through a piece of paper to figure out an advertisement. They would be able to know about the advertisement while they are working in the office, walking on the road, waiting for the bus or in the bus. These ways would save their time and inform them about a certain change or about new products/services. Still there could be some conservative people who will not get the use of internet, for those groups few offline advertisements will be advantageous. Through the help of advanced technologies, they would be able to improve their internal management system. The partners such as, consultants, advisors will definitely demand for much more flexibility than nowadays. These days a company provides such partners with cars, huge amount of payments and sometimes even more. By working with more partners, they could spread their business even more. The company might have to provide them with companys apartments, for their vacations, medications and etc. Customer service relationship will be much more active than these days. The Roy Hankinson Company already is fair enough with their customer by providing them with their best services. For example, to save the companys time and money they could organize some machine through which the customers could fulfill all their queries by typing it. When it will be the case of physical attendance, employees from the company will attend the required place to help the customers. Conclusion It is always beneficial for a business to forecast any changes for their businesses. It helps them to stay ahead from the competitors and satisfy the customers change of taste. The Roy Hankinson Company is already enough concerned about their customers, it would not be an extra effort for them to predict the future benefits for their company and customers. On the other hand, it is always better to stay ahead from the competitors.

How Sexuality Is Too Much - 1078 Words

Sexuality is a difficult topic to broach with teens. It is under constant scrutiny: how much is too much? Do youths understand more than society gives them credit for, or is society at fault for supplying them with information that they are not yet ready to cope with? In this paper I am going to explore several of the double standards and catch twenty-twos that teens have to navigate, particularly young girls. I will pay special attention to the paradox of the vixen and the virgin: that young women ought to be held accountable for their own sexual wellbeing, but at the same time remain virginal and naà ¯ve regarding sex itself. This mindset is represented by the majority of the population of the town of Lubbock, Texas in the film ‘The†¦show more content†¦It is when the two are expected in conjunction that problems begin to arise. The supposition becomes that women ought to be both knowledgeable and naà ¯ve, both self-assured and blushing, but if a woman cannot achie ve both simultaneously, that there is something then wrong with her. This is particularly true of young women, who are urged by some societal pressures (ie family, or a religious group) to remain indefinitely chaste, while at the same time being urged by other societal pressures (ie peer groups) to ‘just go with it’ and ‘have fun’. â€Å"Research shows that young women face a limited range of behaviours when it comes to sexuality. If they violate the sexual construction of girls as naturally less interested in sex than boys, they risk being labelled sluts. Young women constantly skirt the Madonna-whore dichotomy: either they are sexually innocent Madonnas or they are sexually lascivious whores (Elliot 2010). Less and less often there seems to be a space in between; female sexuality is divided into a clear list of dos and don’ts, a line where one side is distinctly lesser than the other. The problem with this thinking being that women as active desirers is not a negative thing, nor nearly as rare as its practitioners seem to believe. Moreover, it is another example of female sexuality being viewed as a line to be crossed rather than a gradual gradient. Much of the problem could be said to stem from the issues that society has with female sexuality itself. Too

Describe Place Free Essays

Kelas Reguler Pagi dan Sore Mata Kuliah : Bahasa Inggris I Dosen : Restu Arini, S. Pd. Prodi : Semua Prodi Hari/Tanggal : Senin, 19 Nopember 2012 (Reg Sore) Selasa, 20 Nopember 2012 (Reg Pagi) Sifat : Take-Home Test Read the instruction carefully You are going to make video on your oral performance for Mid Test Project. We will write a custom essay sample on Describe Place or any similar topic only for you Order Now The videos are based on the four topics we have discussed in classroom meeting (see the explanation in the box). The video can be made by using any recording media such as hand phone, handy cam, camera, etc which then should be compiled in one CD. You have got about 3 to 10 minutes to present each topic. Label your CD with your name, student number, and major. You are to submit the CD on the exam date. Read the explanation below of how you make t his project: Topic 1 : Introducing Yourself You must introduce yourself by mentioning the following things in your video; Introduce Your Name/Surname; describe Your Education Background; describe Your Competency; Describe Your Prospective Career; Describe Your Hobby, Your family, things you are doing and etc. You are allowed to add more information in order to make your vide o more interesting. Please go to these links to get better idea about how to deal with this topic: http://www. youtube. com/watch? v=CZCfTX oRzgfeature=autoplaylist=PLA7C7BF7961EB4606playnext=2 http://www. youtube. com/watch? v=jiUdDxGlxvI http://www. youtube. com/watch? v=etIpPH5CEdAfeature=related Topic 2 : Description of People Read a biography book about famous people/group of people of any kind of professions (the person you are chosen might be an athlete, a musician, a comedian, a politician or even activists). The book can be written in English or in Bahasa Indonesia. An article taken from internet is not acceptable. Having finished reading the book you must make a description about him/her/them, in the following ways: ? The physical appearance ? The quality of the person using P-M-I Chart (see tool #1) Plus = you are about telling the quality of the person from the positive or good side. Minus = you are to discuss the person’s bad points. Interesting = you are to reveal the things or personality which made this person interesting, in other word his/her charisma or charm. Use the P-M-I Chart as a guideline to make your summary on the biography book you read. In the video, you do not have to show me the P-M-I Chart. You will be scored based on certain requirement (see Scoring Rubric #1) Please go to these links to get better idea about how to deal with this topic: http://www. youtube. com/watch? v=vVeojbg_JgI Arini. MidProject. English1. 2012 1 http://www. youtube. com/watch? v=tMMmJqh4qek http://www. youtube. com/watch? v=sqt_IbqJOLg http://www. youtube. com/watch? v=GrqEANtMqYo Topic 3 : Description of Object Choose an object of the following category: Furniture /Kitchen tools / Electronic Stuff s/ Vehicles / Office Equipments/Music Instruments Make a description on the object you choose. Give as detail information as possible. Go to these link to have clear idea about this topic: http://www. youtube. com/watch? v=H1mAtWACONM http://www. youtube. com/watch? v=kiyNYWGL-yg Topic 4 : Description of Place Choose two places to describe. The first is your hometown or place where you were born or place where you grew up. The second will be the place you are eager to visit. Here you may describe a specific place related to your dream or ambition. For example; you have a plan to continue study after finishing your bachelor degree. MidProject. English1. 2012 2 Scoring Rubric #1 (for description of people) 4 (standard of excellence) ? Develop detailed and convincing observation for each of three categories Identifies own conclusion and provides convincing and detailed rationale for choice ? Information is accurate, detailed, well, organized and presented with clarity 3 ( Exceed ? Develops convincing observation for each of the three categories acceptable ? Identifies own conclusion and provides detailed rationale for choice standard) ? Information is accurate and organized 2 ( meets ? Develop basic observation for each of the three categories acceptable ? Identifies own conclusion and provide rationale for choice standard) ? Information is accurate 1 ( needs improved ? Observation are incomplete and /or incorrect to meet acceptable ? Identifies own conclusion but does not explain rationale standard) ? Information is inaccurate, vague or missing Scoring Rubric #2 (for description of object and places) 4 (standard of excellence) ? Identifies multiple convincing and insightful examples of what a specific trait looks like/sound like/feels like ? Uses precise and detailed vocabulary to support description of examples 3 ( Exceed acceptable standard) ? Identifies multiple convincing examples of what a specific trait looks like/sound like/feels like Uses detailed vocabulary to support description of examples 2 ( meets acceptable standard) ? Identifies appropriate examples of what a specific trait looks like/sound like/feels like ? Uses appropriate vocabulary to support description of examples 1 ( needs improved to meet acceptable standard) ? Identifies examples of what a specific trait looks like/sound like/feels like that are erroneous or inappropriate ? Uses vocabulary that is vague and /or is incorrect Good Luck Arini. MidProject. English1. 2012 3 How to cite Describe Place, Papers

Health and Safety Risk Management

Question: Discuss about the Health and Safety Risk Management. Answer: Introduction It is important to access the risks that are associated with an organization to accesses the internal and external environment. Every reputed organization needs to use the risk assessment tools in order to improve the health and safety measures. The purpose of this assignment is to explain and discuss the risk assessment tools along with the ways they can be applied in practice. Methods and Tools for Risk Management The hazard identification is one of the most important steps that are needed for providing occupational safety within an organization. The primary aim of the identification tool is to discover the generic hazards and provide healthy environment within the workplace. The probability and the impact assessment for investigating the occurrence of risks can help in the matter of identifying the effects of a risky situation (Martinez et al. 2014). The probability and the impact matrix tool help in the matter of rating the risk on the basis of quantitative analysis. The rules of rating the risk can vary with the health and safety measures taken by an organization. There is also the tool of risk categorization, which helps to categorize the risks according to their origin and therefore help in the matter of quick response action. The risk urgency assessment tool can contribute to judging the urgency level of the risk that can be combined with the risk ranking tool. This tool helps the organization to assess the urgency level of a hazardous situation (Deveney and Beyer 2014). The tool of quantitative risk analysis includes the sensitivity analysis that helps to identify the risk with worst effect and thereby help the organization to provide adequate health safety measures. The expected monetary value analysis helps to develop the statistical analysis of during the time of occurrence of any future risks. Discussions of the tools The risk categorization tool is one of the primary techniques that can be used by an organization to manage and equate the situations that are associated with the occurrence of the risks. The company can compile the past incidences that can help in the manner of dealing with the risks that can occur in the future of the company. Using this tool the company can categorize the risks into three different types. This tool can be applied during the intial stage, when it is difficult to make plan for certain risks. The internal risks that can occur due to incidences within the organization and thus can be controlled by the managers of organization and thus help to create a healthy environment within the workplace. The internal risks can occur due to the misconduct of the employees of the organization. There need to be strict protocol within the company to deal with the consequence of internal risks. The strategic risks that can occur due to the action were taken by the organization to improve the work condition of the organization. Lastly the external risks, under which there can be wide variety of conditions. The impact of natural and man-made disasters all comes within this category. It is challenging for the company to deal with the external risks as most of the time they are hard to be predicted, and there are no exact protocols to deal with these external risks (Reinhold, Jrvis and Tint 2015). The probability and impact matrix tool can be used in the prioritizing risk on the matter of degree of risk that is involved in a particular activity. This tool uses the combination of impact and probability factors that can be used to prioritize the risk that is associated with any of the given conditions in the workplace. A matrix is being used in the as a table format to describe the impact scale of the risk. This matrix can be applied during the time when two or more external factors are responsible for the risk that is occurring. The sensitivity analysis tool can help in the matter of determining of how difficult a situation is depending on the matter of variables that are involved in the risks. This tool also helps to establish relationship between the variables that of a situation. This tool is applied when organization is not able to access the hazard that is involved with a risky situation. Explanation of the Assessment Tool The categorization of the risk is the primary and most essential part of the risk assessment tool that can be applied in a situation of an organization. The intervention to minimize the effects of the risks can be applied on the basis of type of risks, which is internal, external or strategic. With the help of accurate intervention technique, an organization can prepare health and safety protocol. As this tool can help in finding accurate intervention techniques, this is one the widely accepted tool of acceptance (Kuempel, Geraci. and Schulte 2012). The probability matrix tool can be applied in the depending on the chance of its occurrence. The table of the matrix that is divided depending upon the probability of the occurrence of the risk and also on the impact of the risk. The impact can be divided on the scale of minor, moderate, major and extreme. The organization needs to maximum effort for the extreme risks that can disrupt the health and safety environment of the workplace (Paris et al. 2013). The managers of an organization can help to deal with the risky situations, using the previously gained experience under the same situation. The tool of the risk assessment needs to be used in proper manner that will help optimize the healthy situation of the workplace. Training and Instruction for applying risk assessment The organization needs to have proper training and instruction for the workers that can help the workers to apply the risk assessment tools, which help in the manner of ensuring healthy environments in the workplace. The organization also needs to have both and practical modes of training that can attract the workers to minimize the effects of risk. Every organization also need to access the internal and external situation that will help to deal with the risk depending upon its nature and origin. The assessment of the level of the risk using the probability matrix scale can help in the matter of judging the impact level of the risk. As the awareness level of the workers is increased, it will help the workers according to the demand of the situation (Li 2014). Reference Deveney, M. and Beyer, K., 2014. Assessing the risks associated with the Australian trade in live ornamental fish species: development of a risk assessment tool.Report to Freshwater Fish Working Group of National Biosecurity Committee. South Australian Research and Development Institute (Aquatic Sciences), Adelaide. Kuempel, E.D., Geraci, C.L. and Schulte, P.A., 2012. Risk assessment and risk management of nanomaterials in the workplace: translating research to practice.Annals of occupational hygiene,56(5), pp.491-505. Li, W., 2014.Risk assessment of power systems: models, methods, and applications. John Wiley Sons. Martinez, M.C., Iwamoto, V.E., Latorre, M.D.R.D.D., Noronha, A.M., Oliveira, A.P.D.S., Cardoso, C.E.A., Marques, I.A.B., Vendramim, P., Lopes, P.C. and Sant'Ana, T.H.S.D., 2016. Transcultural adaptation of the Johns Hopkins Fall Risk Assessment Tool.Revista Latino-Americana de Enfermagem,24, pp.e2783-e2783. Paris, C.B., Helgers, J., Van Sebille, E. and Srinivasan, A., 2013. Connectivity Modeling System: A probabilistic modeling tool for the multi-scale tracking of biotic and abiotic variability in the ocean.Environmental Modelling Software,42, pp.47-54. Reinhold, K., Jrvis, M. and Tint, P., 2015. Practical tool and procedure for workplace risk assessment: Evidence from SMEs in Estonia.Safety science,71, pp.282-291.